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|Trustees and Advisers|||
|---|---|---|
|Report ofthe Trustees|||
|Statement ofTrustees'|Responsibilities||
|Report ofthe Independent<br>Examiner|||
|Statement ofFinancial|Activities||
|Balance Sheet|||
|Notes to the Financial|Statements|10|
|Including<br>Accounting|Policies||





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|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<br>research PhD||
||||programme||
|University|ofNottingham|5,000|Breast cancer research PhD students||
|University|ofLeeds|5,000|Scheme to support medical students|in|
||||research placements||



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||||||Note|2021|2020|
|---|---|---|---|---|---|---|---|
|||||||Unrestricted|funds|
|Incoming Resources from||Generated||||||
|Funds||||||||
|Bank interest||||||572|1,378|
|Investment<br>income||||||29,108|34,411|
|Total Incoming Resources||||||29,680|35789|
|Resources Expended||||||||
|Cost ofActivities in furtherance|||of:|||||
|Charitable<br>expenditure||||||(30,000)|(33,000)|
|Governance<br>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)<br>/ incoming<br>the year||resources||for||(2,601)|718|
|Realised and unrealised<br>investment<br>assets|gains/(losses)|||on||105,260|(163,040)|
|Wet movement<br>in funds||||||102,659|(162,322)|
|Funds brought<br>forward at beginning ofyear||||||1 104,949|1,267,271|
|Funds carried forward|at|end|ofYear|||1,207,608|1,104,949|





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||||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|





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|.Gains an|d Losses|o|n Revaluations<br>and Disposa|l ofInvestment<br>Assets||
|---|---|---|---|---|---|
|||||2021|2020|
|Realised investment||gains/(losses)||739|75,971|
|Unrealised|investment||gains/(losses)|104 521|239,011|
|||||105,260|163,040|





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|. Investments|||||
|---|---|---|---|---|
||||2021|2020|
|||||K|
|Quoted investments:|||||
|Market value at 1 April 2020|||803,302|693,309|
|Additions<br>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|