| Page | ||||
|---|---|---|---|---|
| Trustees | and professional | advisors | ||
| Trustees' | report | 2-4 | ||
| Auditors' | report | 5-8 | ||
| Statement | offinancial | activities | ||
| Balance sheet | 10 | |||
| Notes to financial statements | 11-20 |
| Registered | Charity | Number | 1053321 | |
|---|---|---|---|---|
| Trustees | The Honourable | M J Ganzoni | ||
| The Honourable | C R Boscawen | |||
| J C Pickering | ||||
| L M Long | ||||
| Registered | Office | Providence House |
||
| 141-145Princes | Street | |||
| Ipswich | ||||
| Suffolk | ||||
| IP1 1QJ | ||||
| Investment | Advisors | Cazenove Capital Management |
||
| 12 Moorgate | ||||
| London | ||||
| EC2R 6DA | ||||
| Bankers | Barclays Bank | |||
| 1 Princes Street | ||||
| Ipswich | ||||
| Suffolk | ||||
| IP1 1PB | ||||
| Auditors | Scrutton Bland LLP |
|||
| Chartered Accountants |
||||
| Fitzroy House | ||||
| Crown Street | ||||
| Ipswich | ||||
| Suffolk | ||||
| IP1 3LG | ||||
| Solicitors | Birketts LLP | |||
| Providence House |
||||
| 141-145Princes | Street | |||
| Ipswich | ||||
| Suffolk | ||||
| IP1 1QJ |
| Unrestricted | Funds | ||||||
|---|---|---|---|---|---|---|---|
| Notes | 2021 | 2020 | |||||
| F | F | ||||||
| Income | |||||||
| Donations and legacies |
16,411 | 21,518 | |||||
| Investment income |
331,596 | 417,365 | |||||
| Total Income | 348,007 | 438,883 | |||||
| Expenditure | |||||||
| Expenditure on raising |
funds | ||||||
| Investment management |
fees | 95,178 | 98,250 | ||||
| Expenditure on Charitable |
activities | ||||||
| Grants payable | 453,980 | 536,000 | |||||
| Governance costs |
18,309 | 19,264 | |||||
| Total Expenditure | 567,467 | 653,514 | |||||
| Net Gains/(Losses) | on Investments | 2,631,653 | (1,862,320) | ||||
| Net Income/(Expenditure) | 2,412,193 | (2,076,951) | |||||
| Reconciliation offunds |
|||||||
| Total funds brought | forward at 6 April 2020 | 10,623,413 | 12,700,364 | ||||
| Total funds carried | forward | at 5April 2021 | 13,035,606 | 10,623,413 |
| Notes | 2021 | 2020 | |
|---|---|---|---|
| E | |||
| Fixed Assets | |||
| Investments | 8 | 12,908,157 | 10,472,946 |
| Current Assets | |||
| Debtors | 5,000 | 5,000 | |
| Cash at Birketts | |||
| Cash in bank | 186,451 | 191,857 | |
| 191,451 | 196,857 | ||
| Creditors: | |||
| amounts falling due within one year |
10 | (64,002) | (46,390) |
| Net Current Assets | 127,449 | 150,467 | |
| Total Net Assets | 13,035,606 | 10,623,413 | |
| The funds ofthe charity | |||
| Unrestricted funds at 5April 2021 |
11 | 13,035,606 | 10,623,413 |
| 2 | Donations | and Legacies | 2021 | 2020 | |||
|---|---|---|---|---|---|---|---|
| E | E | ||||||
| Donations | |||||||
| Lord Belstead's Children's |
Settlement | 16,411 | 21,518 | ||||
| 16,411 | 21,518 | ||||||
| 3 | Investment | Income | UK | Overseas | Total | Total | |
| 2021 | 2020 | ||||||
| E | |||||||
| Dividends received gross |
157,771 | 82,937 | 240,708 | 305,405 | |||
| Interest received gross | 25,592 | 28,073 | 53,665 | 61,075 | |||
| Property Fund income |
36,942 | 36,942 | 50,021 | ||||
| Equalisation | payments/fee | rebates | 141 | 141 | |||
| Broker and | bank interest | 140 | 140 | 864 | |||
| 220,586 | 111,010 | 331,596 | 417,365 |
| 4 | Grants payable | 2021 | 2020 | |||
|---|---|---|---|---|---|---|
| f | f | |||||
| Charitable Donations |
||||||
| 1st Fressingfield Scout Group |
5,000 | |||||
| 10th Ipswich Brownies |
250 | |||||
| 13th ipswich Sea Scout | Group | 2,000 | ||||
| ABFThe Soldiers Charity | 2,000 | 2,000 | ||||
| Action for M.E, | 1,000 | |||||
| Action Medical Research for Children | 2,000 | 2,000 | ||||
| Activ Lives | 2,000 | 500 | ||||
| Age Concern Suffolk - standing | order | 5,000 | 5,000 | |||
| Age Concern Colchester | & | N.E.Essex | 2,000 | |||
| Age UK Suffolk | A | 2,000 | ||||
| All Saints Church Stuston, | Diss | 500 | A | |||
| Art Station | 2,000 | |||||
| Assist Trust | 1,000 | |||||
| Asthma Relief for Suffolk |
2,000 | 1,000 | ||||
| Asthma UK |
4,000 | 2,000 | ||||
| Autistica | 3,000 | 1,000 | ||||
| Avenues East |
2,000 | |||||
| B.E.A.R.S | 1,000 | |||||
| Belstead Village Hall |
2,000 | 2,000 | ||||
| Blaxhall PCC, St Peter's |
Church | 2,000 | I | |||
| Blyth Woods | 2,000 | |||||
| Bowel Cancer UK | 2,000 | 2,000 | ||||
| Bowel Disease Research | Foundation | j | 2,000 | |||
| Bowel Research UK |
2,000 | A | ||||
| Brainwave | 2,000 | 1,000 | ||||
| Breast Cancer Now | IV | 2,000 | ||||
| British Disabled Angling | Association | 500 | V | |||
| British Forces Foundation | 2,000 | |||||
| Britten Sinfonia | 3,000 | |||||
| Cancer Campaign in Suffolk |
5,000 | |||||
| Cavell Nurses Trust | 3,000 | 3,000 | ||||
| Centre 81 | 1,000 | A | ||||
| Churches Conservation |
Trust | I | 10,000 | |||
| CICRA | 2,000 | |||||
| Colchester &, Ipswich Hospitals |
Charity | 5,000 | A | |||
| Community Action Suffolk |
A | 2,000 | ||||
| Copdock and Wasbrook | Village | Hall | 3,000 | 2,000 | ||
| Cruse Bereavement Care |
2,000 | 2,000 | ||||
| DanceEast | 2,000 | V |
| 4 | Grants Payable (continued) | 2021 | 2020 | ||
|---|---|---|---|---|---|
| E | |||||
| Charitable Donations |
|||||
| Daws Hall Trust | 1,000 | 1,000 | |||
| Depden Care Farm | 500 | ||||
| Diabetes UK |
2,000 | 2,000 | |||
| Different Strokes | 1,000 | ||||
| Disabled Sailors Association | 2,000 | ||||
| Disability Advice Service |
2,000 | 2,000 | |||
| Douglas Bader Foundation | 1,000 | ||||
| East Anglian Academy of Early Music |
1,000 | ||||
| East Anglian Air Ambulance |
5,000 | V | |||
| East Anglia's Children's Hospices - standing |
order | 250 | 250 | ||
| East Anglia's Children's Hospices |
100,000 | 90,000 | |||
| East Bergholt Cinema | 500 | ||||
| Eating Matters | 2,000 | ||||
| Excelsior Trust | AJ | 1,000 | |||
| FAYAP | 1,000 | 1,000 | |||
| Feed Waveney Community |
1,000 | ||||
| First Friends Pre-School | 1,800 | ||||
| Fornham All Saints PCC |
J | 2,500 | |||
| Friends of Halesworth County |
Library | 500 | A | ||
| Friends of Lavenham Airfield |
500 | ||||
| Friends ofSt Mary's School, Woodbridge | 5,000 | U | |||
| Gainsborough House Society |
A | 25,000 | |||
| Garland Street Baptist Church | 2,000 | ||||
| Great Ormond Street Hospital | 2,000 | 2,000 | |||
| Green Light Trust |
2,000 | ||||
| Grundisburgh Village Hall |
2,000 | A | |||
| Happy Days |
1,000 | 1,000 | |||
| Hearing Dogs |
1,500 | 1,000 | |||
| HELP Appeal | Al | 2,000 | |||
| High Ground | 1,000 | ||||
| Home For Good | 1,000 | 1,000 | |||
| Horringer Acorn Project |
1,000 | ||||
| Ickwoth Park Primary School PTA |
1,000 | ||||
| IHAG | 2,000 | ||||
| Inspire Suffolk | 2,000 | (V | |||
| Ipswich 5District Talking Newspaper | A | 2,000 | |||
| Ipswich Chamber Choir |
2,000 | 1,000 | |||
| Ipswich Hospital Band Limited |
3,000 | A | |||
| Ipswich School | 100,000 |
| Grants Payable (continued) | Grants Payable (continued) | Grants Payable (continued) | Grants Payable (continued) | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|---|---|---|
| f | f | ||||||||
| Charitable Donations |
|||||||||
| Ipswich Unitarian Meeting |
House | 2,000 | |||||||
| Independent Age |
2,000 | ||||||||
| JDRF | 2,000 | 2,000 | |||||||
| Joss Searchlight | 2,500 | Al | |||||||
| Lifelites | 1,000 | ||||||||
| Listening Books |
1,000 | 1,000 | |||||||
| Little Ouse Headwaters Project |
Al | 2,000 | |||||||
| Marie Curie | 2,000 | 2,000 | |||||||
| Mobility Trust | 3,000 | ||||||||
| Motor Neurone Disease Association |
(MNDA) | 4,000 | 2,000 | ||||||
| MS Society | 2,000 | ||||||||
| Muscular Dystrophy |
1,000 | 1,000 | |||||||
| Myaware | 2,000 | ||||||||
| NARS | 2,000 | ||||||||
| National Tremor Association | 1,000 | ||||||||
| National Trust Sutton |
Hoo | l | 2,000 | ||||||
| National Youth Choirs ofGreat |
Britain | 2,000 | 2,000 | ||||||
| On Course Foundation | 1,000 | ||||||||
| PACT | 2,500 | ||||||||
| Parkinsons UK |
2,000 | ||||||||
| Petals | 2,000 | ||||||||
| Princes Trust | 2,000 | ||||||||
| Quay Theatre Sudbury | 1,000 | ||||||||
| RAF Benevolent Fund |
1,000 | ||||||||
| Riding for the Disabled (Woodbridge) | 2,000 | ||||||||
| Royal National College for the |
Blind | 1,000 | |||||||
| RNI8 | 2,000 | 2,000 | |||||||
| Rural Coffee Caravan | 4,000 | 3,000 | |||||||
| Saxtead PCC | 2,000 | ||||||||
| SELIG (Suffolk) Trust | 2,000 | V | |||||||
| Shotley Heritage Charitable |
Community | Benefit Soc | A | 2,000 | |||||
| StAndrew's Church, |
Layham | 2,000 | V | ||||||
| St Edmund's Church, |
Bromeswell | 3,000 | |||||||
| St Elizabeth Hospice |
- standing | order | 1,000 | 1,000 | |||||
| St Elizabeth Hospice |
100,000 | 110,000 | |||||||
| StGregory's Church, |
Hemingstone | PCC | 3,000 | Al | |||||
| StJohn Ambulance | 1,000 | ||||||||
| StJoseph's College | 5,000 |
| 4 | Grants Payable (continued) | 2021 | 2020 | ||
| f | f | ||||
| Charitable Donations |
|||||
| St Mary-le-Tower PCC |
5,000 | ||||
| St Marys Catholic Primary School | V | 2,500 | |||
| St Mary's Church, Market Weston |
PCC | 1,000 | |||
| St Mary's Church, Swilland |
A | 2,500 | |||
| St Mary's Church, Wherstead | 2,000 | ||||
| St Nicholas Hospice |
5,000 | 2,000 | |||
| Spinal Muscular Atrophy Support |
UK | 1,000 | |||
| Spinal Research | 2,000 | 2,000 | |||
| Stroke Association | 2,000 | 2,000 | |||
| Strong Bones | 1,000 | A | |||
| Student Life |
1,000 | ||||
| Suffolk Accident Rescue Service | 2,000 | ||||
| Suffolk Artlink | 1,000 | ||||
| Suffolk Building Preservation | Trust | 1,000 | |||
| Suffolk Community Foundation |
30,000 | 30,000 | |||
| Suffolk Historic Churches Trust Suffolk Lowland Search 5 Rescue |
A 500 |
25,000 AJ |
|||
| Suffolk Sight | 2,000 | ||||
| Suffolk Mind | 5,000 | ||||
| Suffolk Young People's Health | Project | 1,500 | |||
| Sunny Days Children's Fund |
1,000 | ||||
| Tall Ships Youth Trust | 1,000 | 1,000 | |||
| Taste ofSudbury Community |
Interest Company | J | 1,000 | ||
| The Bumble Children's Charity |
2,500 | ||||
| The Cranfield Court Charity |
5,000 | ||||
| The Firefighter's Charity |
1,500 | 1,000 | |||
| The Mathew Project |
2,000 | ||||
| The Mix, Stowmarket | 1,430 | ||||
| The Norfolk Hospice Tapping | House | 1,000 | |||
| The Offshoot Foundation | 1,500 | ||||
| The Peartree Fund |
3,000 | ||||
| The Princes Trust | 2,000 | ||||
| The Salvation Army |
IV | 2,000 | |||
| The Sick Children's Trust |
2,000 | ||||
| The Stone Foundation | Al | 1,000 | |||
| UK Reads | 2,000 | Al | |||
| University ofSuffolk - standing |
order | 5,000 | 5,000 | ||
| University ofSuffolk |
A | 1,000 | |||
| Versus Arthritis | 2,000 | ||||
| Wheelpower | 1,000 | ||||
| Wings for Warriors | 2,000 | ||||
| Women's Aid Bury St Edmunds |
2,000 |
| 4 | Grants | Grants | Payable (continued) | Payable (continued) | 2021 | 2020 |
|---|---|---|---|---|---|---|
| f | f | |||||
| Charitable | Donations | |||||
| World | Cancer Research | Fund | 1,000 | |||
| Young | People Taking Action | 2,000 | ||||
| 453,980 | 536,000 |
| 5 | Governance Costs |
2021 | 2020 | |
|---|---|---|---|---|
| E | F | |||
| Legal/accountancy and administration Auditor's Remuneration Other costs |
charges | 14,028 4,200 81 |
14,400 4,800 64 |
|
| 18,309 | 19,264 |
| 8 | Fixed asset investments | Land & | Listed | Cash | Total | Total |
|---|---|---|---|---|---|---|
| Property | Investments | 2021 | 2020 | |||
| F | ||||||
| Market value at 6 April 2020 Additions Disposals Cash movement Revaluation |
7,615 | 10,323,225 2,853,474 (2,633,959) 2,127,637 |
142,106 88,059 |
10,472,946 2,853,474 (2,633,959) 88,059 2,127,637 |
12,434,619 194,946 (86,791) (204,950) ~1,864,878 |
|
| Market value at 5April 2021 | 7,615 | 12,670,377 | 230,165 | 12,908,157 | 10,472,946 | |
| 9 | Debtors | 2021 | 2020 | |||
| Legacy | 5,000 | 5,000 | ||||
| 5,000 | 5,000 |
| 10 | Creditors: amounts failing due |
within one year | within one year | 2021 | 2020 |
|---|---|---|---|---|---|
| E | f. | ||||
| Schroders Portfolio Mmanagement |
to | 31/3/21 (invoiced 23/04/21) | 24,776 | 23,910 | |
| Legal/accountancy and administration |
12,246 | 13,800 | |||
| Accountancy 8 Audit |
4,680 | 4,680 | |||
| Charitable Donations |
22,300 | 4,000 | |||
| 64,002 | 46,390 | ||||
| 11 | Analysis of net assets | Unrestricted | funds | ||
| 2021 | 2020 | ||||
| Funds at 5 April 2021 are represented | by: | E | |||
| Investment assets |
12,908,157 | 10,472,946 | |||
| Current assets - cash at bank and | Birketts/debtors | 191,451 | 196,857 | ||
| Current liabilities |
64,002 | 46,390 | |||
| Total net assets at 5April 2021 | 13,035,606 | 10,623,413 |