| Page | |||
|---|---|---|---|
| Reference and Administrative Details |
|||
| Report ofthe Trustees | 2 | to | 5 |
| independent Examiner's Report |
|||
| Statemeut ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 9 | to | 16 |
| Detailed Statement ofFinancial Activities | 17 |
| TRUSTEES | A A EGlenton CBETD DL Chairman |
|---|---|
| EH Lowe OBEDL | |
| P JBaker OBE | |
| EA Green | |
| VBJassal | |
| SECRETARY | J I Clyde |
| PRINCIPAL ADDRESS | 53 Old Elvet |
| Durham | |
| Co Durham | |
| DH1 3JJ | |
| REGISTERED CHARITY | 1059373 |
| NUMBER | |
| INDEPENDENT EXAMINER | Clive Owen LLP |
| Kepier House | |
| Belmont Business Park | |
| DURHAM | |
| County Durham | |
| DH1 ITW |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| fund | fund | funds | funds | ||||
| Notes | f | f | f | ||||
| INCOME AND ENDOWMENTS FROM | |||||||
| Donations | 6,742 | 215,984 | 222,726 | 5,250 | |||
| Investment income |
23,836 | ~23 836 | 26,509 | ||||
| Total | 30,578 | 215,9$4 | 246,562 | 31,759 | |||
| EXPENDITURE | ON | ||||||
| Raising funds | 9,480 | 9,480 | 8,738 | ||||
| Charitable activities |
|||||||
| Grant funding | 16,312 | 4,250 | 20,562 | 25,522 | |||
| Other | 3,056 | 3,056 | ~1614 | ||||
| Total | 2$,848 | 4,250 | 33,098 | 35,874 | |||
| Net gains/(losses) | on investments | 124,776 | 56,651 | 181,427 | ~79,099) | ||
| NET INCOME/(EXPENDITURE) | 126.506 | 268,3$5 | 394,891 | (83,214) | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 715,996 | 50,025 | 766,021 | 849,235 | ||
| TOTAL FUNDS | CARRIED FORWARD | ~842 502 | ~318410 | 1~160,912 | ~766021 |
| Cadet Forces | Cadet Forces | Trust |
||||
|---|---|---|---|---|---|---|
| Balance | Sheet | |||||
| 31 | March 2021 | |||||
| 2021 | 2020 | |||||
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | f | f | f | |||
| FIXEDASSETS | ||||||
| Investments | 10 | 806,469 | 318,410 | 1,124,879 | 709,375 | |
| CURRENT ASSETS | ||||||
| Debtors | 11 | 1,436 | 1,436 | |||
| Cash at bank | 38,580 | 38,580 | 59,457 | |||
| 40,016 | 40,016 | 59,457 | ||||
| CREDITORS | ||||||
| Amounts falling due within one year |
12 | (3,983) | (3,983) | (2,811) | ||
| NET CURRENT ASSETS | 36,033 | 36,033 | 56,646 | |||
| TOTAL ASSETSLESSCURRENT | ||||||
| LIABILITIES | 842,502 | 318,410 | 1,160,912 | 766,021 | ||
| NET ASSETS | 842,502 | 318,410 | 1,160,912 | 766 021 | ||
| FUNDS | 13 | |||||
| Unrestricted funds |
842,502 | 715,996 | ||||
| Restricted funds | 318,410 | 50,025 | ||||
| TOTAL FUNDS | 1,160,912 | 766,021 |
| DONATIONS | ||
|---|---|---|
| 2021 | 2020 | |
| f | 8 | |
| Donations | 221,237 | 5,250 |
| Refunds for grants made | 1,489 | |
| 222,726 | 5,250 |
| 202] | 2020 |
|---|---|
| f | |
| 23,836 | ~26 509 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| f | ||||
| Honorarium | payments | 400 | 502 | |
| Investment | management | costs | ||
| 2021 | 2020 | |||
| f | f | |||
| Investment | management | costs | 9,080 | 8,236 |
| CHARITABLE ACTIVITIES COSTS | ||
|---|---|---|
| Grant Funding | 202i | 2020 |
| f | f | |
| Acklam Grange CCF | 130 | |
| Wolsingham School CCF |
471 | |
| Active Northumberland | 45 | |
| Sunderland Sea Cadets |
2,923 | |
| South Shields Sea Cadets | 2,000 | |
| Castle View CCF | 379 | |
| Trophies | 269 | |
| Wiggle OTE | 591 | |
| CDT Chambers | 70 | |
| South Tyneside Council aquathon | 120 | |
| RAF ACQ | 80 | |
| Derwenthaugh Boat Station |
3,360 | 1,500 |
| Band Camp | 83 | |
| Tyne Coast Academy | 689 | |
| Walker Academy | 1,640 | |
| Rifles | 1,830 | |
| Guisborough SCC |
525 | |
| Durham ACF |
4,250 | 1,824 |
| Cleveland ACF |
1,230 | |
| Northumbria ACF |
2,148 | |
| ATC | 1,450 | |
| Walker Academy CCF | 4,380 | |
| Unity City Academy CCF | 4,795 | |
| Longbenton Squadron |
3,497 | |
| Cadet Triathlon Club |
280 | 5,525 |
| 20,562 | 25,522 |
| Management | ||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| 8 | ||||
| Insurance | 1,418 | |||
| Governance | costs | |||
| 2021 | 2020 | |||
| f | f | |||
| Independent | examiner | fees | 1 638 | ~1614 |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| fund | fund | funds | |||
| f | f | ||||
| INCOME | AND ENDOWMENTS FROM | ||||
| Donations | 5,250 | 5,250 | |||
| Investment | income | ~26 509 | 26,509 | ||
| Total | 31,759 | 31,759 | |||
| EXPENDITURE | ON | ||||
| Raising funds | 8,738 | 8,738 | |||
| Charitable | activities | ||||
| Grant funding | 25,522 | 25,522 | |||
| Other | 1,614 | 1,614 | |||
| Total | 35,874 | 35,874 | |||
| Net gains/(losses) | on investments | ~68 525) | ~10574) | ~79099) | |
| NET INCOME/(EXPENDITURE) | (72,640) | (10,574) | (83,214) |
| Unrestricted | Restricted | Total | |||||
|---|---|---|---|---|---|---|---|
| fund | fund | funds | |||||
| f | |||||||
| RECONCILIATION | OF FUNDS | ||||||
| Total fuads brought | forsvard | 788,636 | 60,599 | 849,235 | |||
| TOTAL FUNDS | CARRIED FORWARD | 715,996 | 50,025 | 766,021 | |||
| 10. | FIXEDASSETINVESTMENTS | ||||||
| Listed | |||||||
| investments | |||||||
| f | |||||||
| MARKET VALUE | |||||||
| At 1 April 2020 | 709,375 | ||||||
| Additions | 349,229 | ||||||
| Disposals | (122,220) | ||||||
| Revaluations | 188,495 | ||||||
| At 31 March 2021 | ~1124879 | ||||||
| NET BOOK VALUE | |||||||
| At 31 March 2021 | ~1124$79 | ||||||
| At 31 March 2020 | 709,375 | ||||||
| Cost or valuation | at 31 March 2021 is represented | by: | |||||
| Listed | |||||||
| investments | |||||||
| f | |||||||
| Valuation in 2021 |
189,175 | ||||||
| Cost | 935,704 | ||||||
| 1~124$79 |
| 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| f | f | ||||||||
| Prepayments | 1,436 | ||||||||
| 12. | CREDITORS: | AMOUNTS | FALLING DUE WITHIN ONE | YEAR | |||||
| 2021 | 2020 | ||||||||
| f | 8 | ||||||||
| Other creditors | 3,983 | 2,811 | |||||||
| 13. | MOVEMENT | IN FUNDS | |||||||
| Net | |||||||||
| movement | At | ||||||||
| At | 1.4.20 | in funds | 31.3.21 | ||||||
| f | f | ||||||||
| Uarestricted | funds | ||||||||
| General fund |
715,996 | 126,506 | 842,502 | ||||||
| Restricted funds | |||||||||
| Restricted funds |
50,025 | 26$,385 | 31$,410 | ||||||
| TOTAL FUNDS | 766,021 | 394,891 | 1,160,912 | ||||||
| Net movement | in funds, included | in the above are as follows: | |||||||
| Incoming | Resources | Gains and | Movement | ||||||
| resources f |
expended f. |
losses f |
in funds f |
||||||
| Unrestricted | funds | ||||||||
| General fund |
30,578 | (28,848) | 124,776 | 126,506 | |||||
| Restricted funds | |||||||||
| Restricted funds |
215,984 | (4,250) | 56,651 | 268,385 | |||||
| TOTAL FUNDS | 246,562 | ~33098) | 181427 | 394891 | |||||
| Comparatives | for movement | in | funds | ||||||
| Net | |||||||||
| movement | At | ||||||||
| At | 1.4.19 | in funds | 31.3.20 | ||||||
| f | f | E | |||||||
| Unrestricted | funds | ||||||||
| General fund |
788,636 | (72,640) | 715,996 | ||||||
| Restricted funds | |||||||||
| Restricted funds |
60,599 | (10,574) | 50,025 | ||||||
| TOTAL FUNDS | 849 235 | ~83,214) | 766021 |
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses f |
in funds f |
|
| Unrestricted funds |
||||
| General fund | 31,759 | (35,$74) | (68,525) | (72,640) |
| Restricted funds |
||||
| Restricted funds |
(10,574) | (10,574) | ||
| TOTAL FUNDS | 31,759 | ~35,874) | ~79,099) | ~83214) |
| Net | ||||||
|---|---|---|---|---|---|---|
| movement | At | |||||
| At 1.4.19 | in funds | 31.3.21 | ||||
| f | ||||||
| Unrestricted | funds | |||||
| General | fund | 7$8,636 | 53,866 | 842,502 | ||
| Restricted | funds | |||||
| Restricted | funds | 60,599 | 257,811 | 318,410 | ||
| TOTAL | FUNDS | 849,235 | 311,677 | 1,160,912 |
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources f |
expended | losses f. |
in funds | |
| Unrestricted funds |
||||
| General fund |
62,337 | (64,722) | 56,25) | 53,866 |
| Restricted funds | ||||
| Restricted funds |
215,984 | (4,250) | 46,077 | 257,811 |
| TOTAL FUNDS | 278,321 | ~6$,972) | 102,328 | 311,677 |
| The Viscount Ridley North ofEngland Cadet Forces Trust |
The Viscount Ridley North ofEngland Cadet Forces Trust |
|||||
|---|---|---|---|---|---|---|
| Detailed Statemeut ofFinancial Activities | ||||||
| for the Year Ended 31March 2021 | ||||||
| 2021 | 2020f | |||||
| INCOME AND ENDOWMENTS | ||||||
| Donations | ||||||
| Donations | 221,237 | 5,250 | ||||
| Refunds for grants made | 1,489 | |||||
| 222,726 | 5,250 | |||||
| Investment income |
||||||
| Dividends and interest from managed |
funds | 23 836 | 26,509 | |||
| Total incoming resources |
246,562 | 31,759 | ||||
| EXPENDITURE | ||||||
| Raising donations and legacies |
||||||
| Honorarium payments |
400 | 502 | ||||
| Investment management |
costs | |||||
| Investment management |
costs | 9,080 | 8,236 | |||
| Charitable activities |
||||||
| Grant funding | 20,562 | 25,522 | ||||
| Support costs | ||||||
| Management | ||||||
| Insurance | 1,418 | |||||
| Governance costs |
||||||
| Independent examiner |
fees | 1,638 | 1,614 | |||
| Total resources expended | 33,098 | 35,874 | ||||
| Net income/(expenditure) | before gains | and | ||||
| losses | 213,464 | (4,115) | ||||
| Realised recognised gains |
and losses | |||||
| Gains/(losses) on fixed asset investments |
181427 | ~79,099) | ||||
| Net income/(expenditure) | 394,891 | ~83,214) |