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|---|---|---|---|
|Trustees'<br>report||||
|Trustees'<br>responsibilities||statement||
|Independent<br>auditor's||report||
|Statement offinancial|activities|||
|Balance sheet||||
|Notes to the financial|statements||1|





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|||||||Note|2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||E|E|
|Incoming resources|||||||||
|Donation income||||||||144,657|
|Investment<br>income|||||||155,588|159,563|
|Total incoming resources|||||||155,588|304,220|
|Expenditure|||||||||
|Cost of raising funds:|||||||||
|Fundraising<br>costs|||||||(26,190)|(55,291)|
|Expenditure<br>on other charitable|||activities:||||||
|Donations|||||||(117,000)|(117,000)|
|Administration<br>costs||||||||(5,816)|
|Total resources expended|||||||(143,190)|(178,107)|
|Net incoming / (outgoing)|resources|||before other recognised|||||
|gains and losses|||||||12,398|126,113|
|Gains and losses|||||||||
|Realised gain / (loss) on investment||||assets|||149,135|137,534|
|Unrealised<br>gain / (loss) on|investment||||assets||801,934|(559,570)|
|Net movement<br>in funds|||||||963,467|(295,923)|
|Total funds brought<br>forward|||||||5,021,934|5,317,857|
|TOTAL FUNDS CARRIED FORWARD||||||10|5,985,401|5,021,934|
|All the activities derive from||continuing|||operations.||||
|All income and expenditure||is unrestricted.|||||||








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|nvestment<br>income|||
|---|---|---|
||2021|2020|
||f|f|
|Bank interest received|4|308|
|Loan interest received|10,750|10,750|
|Income from investments|144,834|148,505|
||155,588|159,563|



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||2021|2021|2021|2020|2020|2020|
|---|---|---|---|---|---|---|
||Investment|Securities and|Total|Investment|Securities and|Total|
||properties|other||properties|other||
|||investments|||investments||
|Market value||f|||f||
|At 1August|351,468|3,876,150|4,227,618|351,468|4,474,057|4,825,525|
|Additions||831,623|831,623||631,253|631,253|
|Transfer|||||||
|Disposals||(611,852)|(611,852)||(669,590)|(669,590)|
|Revaluation||801,934|801,934||(559,570)|(559,570)|
||351,468|4,897,855|5,249,323|351,468|3,876,150|4,227,618|



|oundation<br>by Smith 5 Willia|mson.<br>The portfolio<br>is spread acr|oss distinct classes ofinvestment<br>as foll|ows:|
|---|---|---|---|
|||2021|2020|
|||f|E|
|UK Listed Equity||1,627,132|1,183,396|
|UK Alternative<br>Investments|Market|204,188|543,655|
|UK Fixed Interest||310,153|458,870|
|Overseas<br>Listed Equity||1,918,980|1,539,340|
|UK Specialist Credit|||63,000|
|Multi Asset||95,384|33,638|
|Overseas<br>Fixed Interest||158,793|54,251|
|Property||583,225||
|Market value at 31July||4,897,855|3,876,150|
|ebtors due after more than|one year|||
|||2021|2020|
|||f|E|
|Loan repayable||584,250|250,000|





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|Debtors due within|one year|||
|---|---|---|---|
|||2021|2020|
|||E|E|
|Accrued investment|income|51,134|32,687|
|Owed by related party|||323,500|
|Other debtors||100|100|
|Debtors||51,234|356,287|



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|ash|||
|---|---|---|
||2021|2020|
||f|E|
|Bank deposits|108,514|195,949|
|reditors due within one year|||
||2021|2020|
||f|f|
|Accruals|7,920|7,920|



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|||Balance at 1|Income|Expenditure|Investment|Balance at 31|
|---|---|---|---|---|---|---|
|||August 2020|||asset|July 2021|
||||||gain/(loss)<br>f||
|Unrestricted|funds|5,021,934|155,588|(143,190)|951,069|5,985,401|





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