| Trustees and Advisers | ||
|---|---|---|
| Report ofthe Trustees | ||
| Statement ofTrustees' | Responsibilities | |
| Report ofthe Independent Examiner |
||
| Statement ofFinancial | Activities | |
| Balance Sheet | ||
| Notes to the Financial | Statements | 10 |
| Including Accounting |
Policies |
| Guildhall | School ofMusic | 5,000 | Bursaries for music students | |
|---|---|---|---|---|
| Schoolreaders | 5,000 | Reading for schoolchildren | ||
| University | ofBath | 5,000 | Bursaries to sport and science students | |
| University | ofBristol | 5,000 | Cardiovascular research PhD |
|
| programme | ||||
| University | ofNottingham | 5,000 | Breast cancer research PhD students | |
| University | ofLeeds | 5,000 | Scheme to support medical students | in |
| research placements |
| Note | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | funds | ||||||
| Incoming Resources from | Generated | ||||||
| Funds | |||||||
| Bank interest | 572 | 1,378 | |||||
| Investment income |
29,108 | 34,411 | |||||
| Total Incoming Resources | 29,680 | 35789 | |||||
| Resources Expended | |||||||
| Cost ofActivities in furtherance | of: | ||||||
| Charitable expenditure |
(30,000) | (33,000) | |||||
| Governance costs: |
|||||||
| Audit and accountancy | (700) | (900) | |||||
| Bank charges | (272) | (28) | |||||
| Custody fees | 1,309 | 1,143 | |||||
| 2,281 | 2,071 | ||||||
| Total Resources Expended | 32,281 | 35071 | |||||
| Net (outgoing) / incoming the year |
resources | for | (2,601) | 718 | |||
| Realised and unrealised investment assets |
gains/(losses) | on | 105,260 | (163,040) | |||
| Wet movement in funds |
102,659 | (162,322) | |||||
| Funds brought forward at beginning ofyear |
1 104,949 | 1,267,271 | |||||
| Funds carried forward | at | end | ofYear | 1,207,608 | 1,104,949 |
| Note | 2021 | 2020 | |||
|---|---|---|---|---|---|
| a | |||||
| Fixed Assets | 923,060 | 803,302 | |||
| Current Assets | |||||
| Cash at bank | |||||
| Deposit | 250,125 | 251,692 | |||
| Current | 52,062 | 31,756 | |||
| Held by investment | manager | 3,061 | 19,099 | ||
| 305,248 | 302,547 | ||||
| Creditors: amounts | falling due within one | ||||
| year | |||||
| Accruals | 700 | 900 | |||
| Grants payable | 20000 | ||||
| Total creditors | 20,700 | ||||
| Net current assets | 284,548 | 301,647 | |||
| Net Assets | 1,207 608 | 1,104,949 | |||
| Unrestricted | Funds | 1,207,608 | 1,104,949 |
| .Gains an | d Losses | o | n Revaluations and Disposa |
l ofInvestment Assets |
|
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Realised investment | gains/(losses) | 739 | 75,971 | ||
| Unrealised | investment | gains/(losses) | 104 521 | 239,011 | |
| 105,260 | 163,040 |
| . Investments | ||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| K | ||||
| Quoted investments: | ||||
| Market value at 1 April 2020 | 803,302 | 693,309 | ||
| Additions at cost |
59,680 | 641,535 | ||
| Disposals at valuation | (45,182) | (368,502) | ||
| Realised / unrealised | investment | gains / (losses) | 105,260 | 163,040 |
| Market value at 31March 2021 | 923,060 | 803,302 |