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2021-03-31-accounts

G.W. Staniforth Charity For the year ended 31 March 2021 Charity Number 1048890

		Page No.
Trustees' Annual Report		3-7
Independent Examiner's	Report	8-9
Statement of Financial Activities		10
Balance Sheet
Notes to the Financial Statements		12-20

C	Barreto	8Tullett	D Crawford	TJerrny	SWright	S Dowling
R	Brame	8 Canham	C Harvey	D Hodgkinson	M Robinson	C Burnett
M	Brindle	JJames	J Hollis	M Taylor	K Par(ter

Bankers		Investment	Advisers	Inde endent Examiner	Inde endent Examiner	Inde endent Examiner
Barclays Bank Pic	Unity Trust Bank	Barratt and	Cooke	LThurston	FCCA
4 Bridge Street	Four Brindleyplace	S Opie Street		Lovewell	Blake LLP
Thetford	Birmingham	Norwich		Chartered	Accountants
Norfolk	012JB	NR13DW		First Floo	r
IP24 3AB				2 Hillside	Business	Pari&
				Bury St Edmonds
				IP32 7EA

		Unrestricted	Property	Endowment	Endowment	Total	Total
		Funds	Fund	Fund		2021	2020
	Notes
			f		6
Income and endowments	from:
Donations and legacies	4						391
Charitable activities	5	38,704				38,704	45,520
Investment income	6	~30174				30174	39871
Total Income		~68 878				68 878	85782
Expenditure on:
Charitable activities	7	79438				79438	~182790
Total expenditure		~79438				79438	182790
Net income/(expenditure)
before gains and losses	on
investments		(10,560)				(10,560)	(97,008)
Net gains/(losses) on
Investment revaluation				122,849		122,849	(157,924)
Revaluation offixed assets							326500
Net movement in funds		(10,560)		122,849		112,289	72,198
Reconciliation offunds
Total funds brought forward Total funds carried forward		~39426 ~866	964000 ~964000	851 ~974	767 1	1855 193 1967482	1782995 ~1855193

				2021		2020
			Notes	E		E
Fixed assets
Tangible fixed		assets		965,166		965,435
Investments			10	897950		~775 648
				1,863,116	1,741,083
Current assets
Debtors				4,299		10,861
Bank				219729		175067
				2,087,144		185,928
Creditors: amounts
falling due within one year			12	119662		(~71818
Net current	assets			104366		114110
Net assets					1	19
Funds ofthe		Charity
Endowment	fund		13	974,616		851,767
Property fund Unrestricted		funds	13 14	964,000 28 866	964,000 ~39426
Total Charity		funds		~196 42	1	855 193

5Wright	T Cunnell
Chairperson	Clerk to the board ofmanagement

				Unrestricted	Unrestricted	Unrestricted	Restricted	Total Funds	Unrestricted	Restricted	Total Funds
						Funds	Funds	2021	Funds	Funds	2020
						f	f	f	f	f	f
Grants
Donations									391 ~91		391 ~1
. Income from charitable					activities
				Unrestricted			Restricted	Total Funds	Unrestricted	Restricted	Total Funds
						Funds	Funds	2021	Funds	Funds	2020
						E	f	E	f	f	E
Rents receivable						38704		38704	45 520		45 520
						38704					~45 520
6. Investment		income
				Unrestricted			Restricted	Total Funds	Unrestricted	Restricted	Total Funds
						Funds	Funds	2021	Funds	Funds	2020
						E	E	E	f	E	f
Listed investments						30,029		30,029	39,145		39,145
Bank interest						145		145	726		726
						~30 174		174	39871		398 1
7. Expenditure		on charitable				activities
				Unrestricted			Restricted	Total Funds	Unrestricted	Restricted	Total Funds
						Funds	Funds	2021	Funds	Funds	2020
						f	E	f	f	f	f
Maintenance	gr	service		costs		65,278		65,278	162,811		162,811
Insurance						4,833		4,833	4,291		4,291
Miscellaneous						478		478	647		647
Depreciation						269		269	149		149
Governance costs:
Legal and professional			fees			5,968		5,968	13,572		13,572
Independent	examiner's			fee		2612		2 612	~1320		1320
						79438		79438	~12790		~182790

9. Tangible fixed assets
	Land and Freehold
	Property E	Equipment f	Tota I E
Cost or valuation
At 1April 2020	964,000	4,156	968(156
Additions
Revaluation for the year
At 31March 2021	964 000	4 156	968 156
Depreciation
At 1April 2020		2,721	2,271
Charge for the year		269	269
		~2990	2990
At 31March 2021
Net book value
At 31March 2021	~964 000	1166	965166
Net book value At 31March 2020	~0	~435

10. Investments			Listed
		Staniforth	investments
		Collection	at fair value	Total
		E	E	E
At 1April 2020		136,390	616,985	753,375
Additions at cost			122,495	122,495
Disposals at carrying value			(104,193)	(104,193)
Net gain/(loss)	on revaluation		122849	122849
At 31March 2021		136,390	758,136	894,526
Deposit account			3 424	3424
		~136390	~71

Individual	investments h	eld at 31Marc	h 2021which are over 5%ofthe	total portfolio by value
			Fair value	Fair value
			2021	2020
			E	E
27,500 M	gr G Securities	Ltd
Charifund	Unit Trust		404,913	328,754

11.Debtors
		2021	2020
		E	E
Trade debtors			658
Prepayments	and accrued income	4 299	~10203
		~4299	LID1

12. Creditors: Amounts	12. Creditors: Amounts	12. Creditors: Amounts	falling due within	one year
				2021			2020
					E		E
Trade creditors					16		25
Other creditors				117,444			70,693
Accruals				2	202		1100
				1196 2
13. Endowment		Funds
					Expenditure	and
			Balance at		gains/(losses)	on	Balance at
			1April 2020	Income	investments		31March 2021
			f	E		E	f
Endowment	fund		851,767		122,849		974,616
Property fund			~964000				964000
			~115767		1 2 849		~1938616
					Expenditure	and
			Balance at		gains/(losses)	on	Balance at
			1April 2019	Income	investments		31March 2020
			E	E			E
Endowment	fund		1,009,061		(157,294)		851,767
Property fund			637500		326	500	964000
			164		~1206		~115767

14. Unrest	ricted	funds
			Balance at				Balance at
			1April 2020 E	Income f	Expenditure E	Transfers f	31March 2021f
Designated	funds
Maintenance		funds	39,000			(8,800)	30,200
Friends	ofStaniforth			3,892			3,892
General fund			426	64 986	79438	8 800	~5226
			~3	~678	79438		~266
			Balance at				Balance at
			1April 2019 f	income f	Expenditure E	Transfers E	31March 2020 E
Designated	funds
Maintenance		funds	39,662			(662)	39,000
General fund			~96772	~85 782	182790	662	426
			~136434	85 782	~182790		~39426

		Tangible fixed		Net current	Tota I
		assets	Investments	assets	2021
		E	E	f	f
Endowment	fund		897,950	76,666	974,616
Property fund		964000			964000
		964,000	897,950	76,666	1,938,616
Unrestricted	funds	1166		~27 700	~28 866
		965~16	897 50	~36	~167482

			Tangible fixed	Tangible fixed			Net current	Total
				assets	Investments		assets	2020
				E		E	E	E
Endowment	fund					775,648	76,119	851,767
Property fund				~964 000				964000
				964,000		775,648	76,119	1,815,767
Unrestricted		funds		~1435			37991	39426
				~965 5		~775 64	114110	~1855 1
17. Financial		instruments
The carrying		amounts	ofthe Charity's financial			instruments	are as follows:
							2021	2020
							E	E
Financial assets
Measured	at	fair value	through	net income/(expenditure):
Fixed asset	listed investments						~7558	639 258