| Page | ||
|---|---|---|
| Charity's Address and Professional |
Advisers | |
| Trustees' Annual Report |
2-5 | |
| Statement ofTrustees' Responsibilities |
||
| Independent Examiner's Report to |
the Trustees | |
| Statement of Financial Activities |
||
| Balance Sheet | ||
| Notes to the Financial Statements | 10-14 |
| Principal | Office and Contact | The Estate | Office | |||
|---|---|---|---|---|---|---|
| Address | Longdown | |||||
| Marchwood | ||||||
| Southampton | ||||||
| Hampshire | ||||||
| SO40 4UH | ||||||
| Bankers | Barclays Bank Pic | |||||
| Winchester | Branch | |||||
| 50 Jewry Street | ||||||
| Winchester | ||||||
| Hampshire | ||||||
| SO23 8RG | ||||||
| Solicitors | Boodle Haffield | |||||
| 240 Blackfriars Road | ||||||
| London | ||||||
| SE1 8NW | ||||||
| Accountants | RSM UK Tax and Accounting | Limited | ||||
| Highfield Court |
||||||
| Tollgate | ||||||
| Chandlers | Ford | |||||
| Eastleigh | ||||||
| Hampshire | ||||||
| SO53 3TY | ||||||
| Investment | Advisers | Aspect8 Chartered | Financial | Planners | ||
| Victoria Gate | ||||||
| Victoria Road | ||||||
| Winchester | ||||||
| Hampshire | ||||||
| SO23 7DU | ||||||
| Managing | Agents | Longdown | Management | Limited | ||
| The Estate | Office | |||||
| Longdown | ||||||
| Marchwood | ||||||
| Southampton | ||||||
| Hampshire | ||||||
| SO40 4UH |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | E | E | |||||
| Income: | |||||||
| incoming resources | from | generated | funds: | ||||
| Investment income |
48,142 | 59,153 | |||||
| Total income | 48,142 | 59,153 | |||||
| Expenditure: | |||||||
| Expenditure on charitable |
activities: | ||||||
| Charitable donations |
14 | 320,563 | |||||
| Cost of raising funds | 30,993 | 33,882 | |||||
| Governance costs |
18,357 | 16,147 | |||||
| Total expenditure | 49,364 | 370,592 | |||||
| Net expenditure before |
gains/(losses) | on | investments | (1,222) | (311,439) | ||
| Unrealised gains/(losses) |
on investments | 605,694 | (352,156) | ||||
| Profit on sale of investments | 21,053 | 15,737 | |||||
| Net movement in funds |
625,525 | (647,858) | |||||
| Total funds brought |
forward | 10 | 2,028,373 | 2,676,231 | |||
| Total funds carried | forward | 10 | 2,653,898 | 2,028,373 |
| 4 | Cost of raising funds | Cost of raising funds | 2021 | 2020 | |
|---|---|---|---|---|---|
| Investment management |
fees | 30,915 | 33,816 | ||
| Other professional | fees | 78 | 66 | ||
| 30,993 | 33,882 | ||||
| 5 | Governance costs | 2021 | 2020 | ||
| E | E | ||||
| Management fees |
11,671 | 11,808 | |||
| Legal and professional | fees | 997 | |||
| Sundry expenses | (see note below) | 889 | |||
| Accountancy fees |
2,496 | 2,400 | |||
| Bank interest | 3,301 | 942 | |||
| 18,357 | 16,147 |
| 6 | Investments | Listed |
|---|---|---|
| investments | ||
| E | ||
| Market value | ||
| At 1 April 2020 | 2,364,217 | |
| Purchases | 169,894 | |
| Accumulation income |
10,941 | |
| Profit on sale of investments | 21,053 | |
| Unrealised gains on investments |
605,694 | |
| Equalisations | (524) | |
| Movement on cash deposits |
(5,367) | |
| Liquidation | (375) | |
| Sales | (188,489) | |
| At 31 March 2021 | 2,977,044 | |
| Historical cost | ||
| At 31 March 2021 | 2,344,172 | |
| At 31 March 2020 | 2,388,187 |
| SEI GAF Balanced Fund |
15.4'/o | ||
|---|---|---|---|
| SGAF Aggressive Fund |
13.8'/o | ||
| SGAF Core Fund | 8.2'/o | ||
| SGAF Growth Fund |
26.0'/o | ||
| Blackrock Asset Management | UK Charishare | Income | 13.3'/o |
| 7 | Creditors due within |
one year | 2021 | 2020 |
|---|---|---|---|---|
| E | ||||
| Bank overdraft | 178,616 | 11,976 | ||
| Sundry creditors Accrued donations |
8,541 131,000 |
4,524 186,050 |
||
| Accruals and deferred | income | 4,989 | 4,794 | |
| 323,146 | 207,344 | |||
| 8 | Creditors: Amounts | falling due after more than one year | 2021 | 2020 |
| 6 | 6 | |||
| Accrued donations | 128,500 | |||
| 128,500 |
| 10 | Funds | Unrestricted | funds | |
|---|---|---|---|---|
| 2021 | 2020 | |||
| f | 6 | |||
| Balance brought | forward | 2,028,373 | 2,676,231 | |
| Net movement | in funds | 625,525 | (647,858) | |
| Balance carried | forward | 2,653,898 | 2,028,373 |