| Page | |||||
|---|---|---|---|---|---|
| Report ofthe | Trustees | 1 | to | 6 | |
| Independent | Examiner's | Report | |||
| Statement of | Financial | Activities | |||
| Balance Sheet | |||||
| Notes to the | Financial Statements | 10 | to | 14 | |
| Detailed Statement ofFinancial Activities | 15 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Unrestricted | Total | ||||
| fund | funds | ||||
| Notes | F | F | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Investment income |
1,117 | 2,324 | |||
| EXPENDITURE ON | |||||
| Raising funds | 2,510 | 3,137 | |||
| Charitable activities |
|||||
| Charitable activities |
455,070 | 362,012 | |||
| Total | 457,580 | 365,149 | |||
| Net gains on investments | 36,113 | 159,358 | |||
| NET INCOME/(EXPENDITURE) | (420,350) | (203,467) | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 1,577,365 | 1,780,832 | ||
| TOTAL FUNDS CARRIED FORWARD | 1,157,015 | 1,577,365 |
| 2020 | 2019 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | f | F | |
| FIXEDASSETS | |||
| Investments | 1,063,003 | 1,218,750 | |
| CURRENT ASSETS | |||
| Cash at bank | 96,957 | 361,694 | |
| CREDITORS | |||
| Amounts falling due within one year |
(2,945) | (3,079) | |
| NET CURRENT ASSETS | 94,012 | 358,615 | |
| TOTAL ASSETS LESSCURRENT | |||
| LIABILITIES | 1,157,015 | 1,577,365 | |
| NET ASSETS | 1,157,015 | 1,577,365 | |
| FUNDS | 10 | ||
| Unrestricted funds |
1,157,015 | 1,577,365 | |
| TOTAL FUNDS | 1,157,015 | 1,577,365 |
| 2. | INVESTMENT INCOME | ||||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| Investment income |
1,117 | 2,324 | |||
| 3. | RAISING FUNDS | ||||
| Investment management |
costs | ||||
| 2020 | 2019 | ||||
| Investment management |
costs | 2,510 | 3,137 | ||
| 4. | TRUSTEES' REMUNERATION | AND BENEFITS |
| COMPARATIVES F | OR THE ST | ATEMENT OF FINANCIAL ACTI | VITIES |
|---|---|---|---|
| Unrestricted | |||
| fund | |||
| E | |||
| INCOME AND ENDOWMENTS | FROM | ||
| Investment income |
2,324 | ||
| EXPENDITURE ON | |||
| Raising funds | 3,137 | ||
| Charitable activities |
|||
| Charitable activities |
362,012 | ||
| Total | 365,149 | ||
| Net gains on investments | 159,358 | ||
| NET INCOME/(EXPENDITURE) | (203,467) | ||
| RECONCILIATION | OF FUNDS | ||
| Total funds brought | forward | 1,780,832 | |
| TOTAL FUNDS CARRIED FORWARD | 1,577,365 |
| FIXEDASSET INVESTMENTS | |
|---|---|
| Listed | |
| investments | |
| E | |
| MARKET VALUE | |
| At 1 January 2020 | 1,218,750 |
| Additions | 1,028,909 |
| Disposals | (1,219,359) |
| Revaluations | 34,703 |
| At 31 December 2020 | 1,063,003 |
| NET BOOK VALUE | |
| At 31 December 2020 | 1,063,003 |
| At 31 December 2019 | 1,218,750 |
| There were no investment | There were no investment | There were no investment | assets outside the UK. | ||||
|---|---|---|---|---|---|---|---|
| 9. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||
| 2020 | 2019 | ||||||
| Accruals and | deferred | income | 2,945 | 3,079 | |||
| 10. | MOVEMENT | IN FUNDS | |||||
| Net | |||||||
| movement | At | ||||||
| At 1.1.20 | in funds | 31.12.20 | |||||
| F | E | F | |||||
| Unrestricted | funds | ||||||
| General fund | 1,577,365 | (420,350) | 1,157,015 | ||||
| TOTAL FUNDS | 1,577,365 | (420,350) | 1,157,015 |
| Net movement | in funds, includ |
ed in the abo |
ve are as follow | s: | ||
|---|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | |||
| resources | expended | losses | in funds | |||
| E | E | |||||
| Unrestricted | funds | |||||
| General fund | 1,117 | (457,580) | 36,113 | (420,350) | ||
| TOTAL FUNDS | 1,117 | (457,580) | 36,113 | (420,350) | ||
| Comparatives | for movement | in funds | ||||
| Net | ||||||
| movement | At | |||||
| At 1.1.19 | in funds | 31.12.19 | ||||
| E | E | E | ||||
| Unrestricted | funds | |||||
| General fund | 1,780,832 | (203,467) | 1,577,365 | |||
| TOTAL FUNDS | 1,780,832 | (203,467) | 1,577,365 |
| Comparative | net movement in fun |
ds, included in the above |
are as follows: | ||
|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | ||
| resources | expended | losses | in funds | ||
| E | E | F | |||
| Unrestricted | funds | ||||
| General fund | 2,324 | (365,149) | 159,358 | (203,467) | |
| TOTAL FUNDS | 2,324 | (365,149) | 159,358 | (203,467) |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| E | |||||
| INCOME AND ENDOWMENTS | |||||
| Investment income |
|||||
| Investment income |
1,117 | 2,324 | |||
| Total incoming resources |
1117 | 2,324 | |||
| EXPENDITURE | |||||
| Investment management |
costs | ||||
| Investment management |
costs | 2,510 | 3,137 | ||
| Charitable activities |
|||||
| Grants to individuals | 334,427 | 283,385 | |||
| Support costs | |||||
| General | |||||
| Office costs | 7,797 | 9,314 | |||
| Other costs | 6,901 | 10,154 | |||
| 14,698 | 19,468 | ||||
| Governance costs | |||||
| Staff costs | 484 | 539 | |||
| Independent examiner's |
fees | 1,890 | 2,490 | ||
| Legal Fees | 55,298 | 3,349 | |||
| Consultancy fees |
48,273 | 52,781 | |||
| 105,945 | 59,159 | ||||
| Total resources expended | 457,580 | 365,149 | |||
| Net expenditure before |
gains and losses | (456,463) | (362,825) | ||
| Realised recognised | gains and losses | ||||
| Realised gains/(losses) | on | fixed asset | |||
| investments | 135,896 | 24,872 | |||
| Net expenditure | (320,567) | (337,953) |