2021-03-31-accounts - The Worshipful Livery Company of Wales Charitable Trust

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					2021	2020
			Unrestricted	Restricted	Total funds	Total funds
			funds	funds
		Notes
INCOME AND ENDOWMENTS	FROM
Donations and legacies			20,155	9,500	29,655	45,674
Surpluses on events organised Investment income Other income	by The WLCoW		9,162 233		9,162 233	3,382 10,412
Total			29,550	9,500	39,050	59,468
EXPENDITURE ON
Awards, bursaries and sponsorship			24,615	15,100	39,715	31,359
Independent examination fee			1,440		1,440	1,440
Investment management costs			2,776		2,776	2,749
Insurance			533		533	519
Total			29,364	15,100	44,464	36,067
Net gains/(losses) on investments			80,585		80,585	~47, 1 90)
NET INCOME/(EXPENDITURE)			80,771	(5,600)	75,171	(23,789)
RECONCILIATION OF FUNDS
Total funds brought forward			355,117	25,618	380,735	404,524
TOTAL FUNDS CARRIED FORWARD			435,888	20,018	455,906	380,735

				2021	2020
		Unrestricted	Restricted	Total funds	Total funds
		funds	funds
	Notes	F
FIXEDASSETS
Investments		432,573		432,573	345,640
CURRENT ASSETS
Debtors		1,000		1,000	10,576
Cash at bank		6,822	20,018	26,840	26,189
		7,822	20,018	27,840	36,765
CREDITORS
Amounts falling due within one year		(4,507)		(4,507)	(1,670)
NET CURRENT ASSETS		3315	20018	23333	35,095
TOTAL ASSETSLESSCURRENT LIABIUTIES		435,888	20,018	455,906	380,735
NET ASSETS		435,888	20018	455 901!	380,735
FUNDS
Unrestricted funds				435,888	355,117
Restricted funds				20,018	25,618
TOTAL FUNDS				455,908	380735

		2020	2020	2020
		Unrestricted	Restricted	Total funds
		funds	funds
INCOME AND ENDOWMENTS	FROM
Donations and legacies		33,174	12,500	45,674
Surpluses on events organised	by The WLCoW	3,382		3,382
Investment income		10,412		10,412
Total		46,968	12,500	59,468
EXPENDITURE ON
Awards, bursaries and sponsorship		10,606	20,753	31,359
Independent examination fee		1,440		1,440
Investment management costs		2,749		2,749
Insurance		519		519
Total		15,314	20,753	36,067
Net gains/(losses) on investments		~47,190)		~47,190)
NET INCOME/(EXPENDITURE)		(15,536)	(8,235)	(23,789)
Transfers between funds		~4,500)	4,500
Net movement in funds		(20,036)	(3,753)	(23,789)
RECONCILIATION OF FUNDS
Total funds brought forward		375,153	29,371	404,524
TOTAL FUNDS CARRIED FORWARD		355,117	25,618	380,735

								2021	2020
Financial	assets								F
Financial	assets that are debt instruments				measured	at amortised	cost	27,840	36,765
Financial	assets measured		at fair value					432,573	345,640
								2021	2020
Financial	liabilities
Financial	liabilities measured		at amortised		cost			4,507	1,670
Financial	assets measured	at amortised		cost comprise cash at bank and other				debtors.
Financial	assets measured	at fair value comprise fixed asset investments.
Financial	liabilities measured		at amortised		cost comprise accrued		expenses.
FIXEDASSET INVESTMENTS
									Investments
MARKET	VALUE
At 1 April	2020								345,640
Additions									98,580
Disposals Revaluations									(82,250) 70,603
At 31 March 2021									432,573
NET BOOK VALUE
At 31 March 2021									432,573
At 31 March 2020									345,640
								2021	2020
								F
UK bonds	and equities							156,878	140,167
Overseas	equities							203,982	135,502
Other investments								54,839	55,352
UK cash held as part of portfolio								16,874	14,619
								432,573	345,640

			2021	2020
Gift aid debtor Balance due from The WLCoW			1,000	7,723 1,853
Prepayments	and accrued	income		1,000
			1,000	10,576
CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
			2021	2020
Balance due	to The WLCoW		787
Accruals and	deferred income		2,280	230
Independent	examination	fee	1,440	1,440
			4,507	1,670

			Net movement	Transfers	Transfers
		At 1/4/20	in funds	between	funds	At 31/3/21
		E
Unrestricted	funds
General Fund Silver Jubilee	Fund	5,117 80,000	(4,866) 16,529			251 96,529
Endowment fund		270,000	69,108			339,108
		355,117	80,771			435,888
Restricted funds
Tim Evans Memorial Bursary Simon Gibson Charitable Trust		5,973 11,395	(1,200) 1,300			4,773 12,695
Others Silver Jubilee	Fund	3,250 5,000	(2,500) ~3,200)			750 1,800
		25,618	(5,600)			20,018
TOTAL FUNDS		380,735	75,171			455,906

Net movement in fun	bove are as follows:
	Incoming	Resources	Gains and	Movement in
	resources	expended F	losses f	funds
Unrestricted funds
General Fund Silver Jubilee Fund Endowment Fund	15,450 7,045 7,055	(20,864) (8,500)	548 17,984 62,053	(4,866) 16,529 69,108
	29,550	(29,364)	80,585	80,771
Restricted funds
Tim Evans Memorial Bursary Simon Gibson Charitable Trust Others Silver Jubilee Fund	10,000 (500)	(1,200) (8,700) (2,000) ~3,200)		(1,200) 1,300 (2,500) ~3,200)
	9,500	(15,100)		(5,600)
TOTAL FUNDS	39,050	~44,464)	80,585	75,171

		Net movement	Transfers
	At 1/4/19	in funds	between funds	At 31/3/20
	F	F		F
Unrestricted funds
General Fund Designated Funds Silver Jubilee Fund Endowment fund	47,576 327,577	(32,731) 17,195	(9,728) (327,577) 62,805 270,000	5,117 80,000 270,000
	375,153	(15,536)	(4,500)	355,117
Restricted funds
Tim Evans Memorial Bursary Simon Gibson Charitable Trust Others Silver Jubilee Fund	1,973 10,855 11,543 5,000	(1,000) 540 (7,793)	5,000 (500)	5,973 11,395 3,250 5,000
	29,371	(8,253)	4,500	25,618
TOTAL FUNDS	4D4,524	~23,789)		380,735