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|Contents||||||Page|
|---|---|---|---|---|---|---|
|Reference and administrative||details|||||
|Trustees' report (incorporating|||the Directors'|report)|||
|Independent
auditor's|report|||||15|
|Statement offinancial|activities||(incorporating|the income and expenditure|account)|17|
|Balance sheet||||||18|
|Cash flow statement||||||19|
|Notes to the financial|statements|||||20|
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|Year ended 30June|2021|||||
|---|---|---|---|---|---|
||||Notes|2021|2020|
|||||Unrestricted|Unrestricted|
|||||g||
|Income from:||||||
|Donations|||lc|210,113|876,986|
|Grants-Furlough||||3,324||
|Investments||||210,090|241,437|
|Total income||||423,527|1,118,423|
|Expenditure
on:|||le|||
|Raising funds:||||||
|Fundraising
costs||||388,031|622,356|
|Charitable
activities:||||||
|Assistance
to the disabled for||||||
|participation
in sport||||192,564|194,376|
|Total expenditure|||2|580,595|816,732|
|Net income before investment|gains|||(157,068)|301,691|
|Net gains on investments|||6|1,537,400|339,675|
|Net income for the year and movement||in funds|3|1,380,332|641,366|
|Reconciliation
offunds||||||
|Balance brought
forward at 1 July 2020||||13,343,564|12,702,198|
|Balance carried forward at||||||
|30June 2021||||14,723,896|13,343,564|
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|2021|2020|
|---|---|
|733,597|751,168|
|13,757,190|12,076,751|
|14,490,787|12,827,919|
|141,650|39,213|
|260,826|648,512|
|402,476|687,725|
|(169,367)|(172,080)|
|233,109|515,645|
|14,723,896|13,343,564|
|14,723,896|13,343,564|
|14,723,896|13,343,564|
|14,723,896|13,343,564|
##
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|Year ended 30June|2|021|||||
|---|---|---|---|---|---|---|
||||||2021|2020|
|||||Notes||s|
|Net cash inflow from operating||activities||(a)|(454.738)|115,671|
|Cash flows from investing|activities:||||||
|Interest and income received|||||210,090|241,437|
|Purchase offixed assets||||||6,454|
|Net movement
in investment|portfolio||||(148,059)|(84,987)|
|Decrease in cash and cash|equivalents||in the year||(392,707)|278,575|
|Cash and equivalents
brought||forward|||1,132,087|853,512|
|Cash and equivalents
carried||forward|||739,380|1,132,087|
##
|(a)
Reconciliation
o|fnet in|come to net cash inflow from opera|ting
activities||
|---|---|---|---|---|
||||2021|2020|
||||s||
|Net income for the year|||1,380,332|641,367|
|Interest and income received|||(210,090)|(241,437)|
|Gains and losses|||(1,537,400)|(339,675)|
|Depreciation|||17,572|18,149|
|Decrease in creditors|||(2,714)|48,884|
|Decrease in debtors|||(102,438)|(11,617)|
|Net cash inflow from operating||activities|(454,738)|115,671|
|(b)
Analysis ofcash|and cash equivalents||||
||||At 30June|At 30June|
||||2021|2020|
|Cash at bank and in hand|||260,826|648,512|
|Cash held in investment|portfolio||478,554|483,575|
|Total cash and cash equivalents|||739,380|1,132,087|
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||||Direct|Support|Total|Total|
|---|---|---|---|---|---|---|
|||Staff costs|costs|costs|2021|2020|
|Cost ofRaising funds||191,702|126,238|70,091|388,031|622,356|
|Charitable|activities|47,926|127,334|17,304|192,564|194,376|
|||239,628|253,572|87,395|580,595|816,732|
|are f57,8|55 (2020:f62,865)||||||
|---|---|---|---|---|---|---|
||||Direct|Support|Total|Total|
|||Staff costs|costs|costs|2020|2019|
||||g||g|g|
|Cost ofRaising funds||221,982|352,420|47,954|622,356|612,022|
|Charitable|activities|55,495|128,649|10,232|194,376|207,175|
|||277,477|481,069|58,186|816,732|819,197|
|Net income for the year|||||||
||||||2021|2020|
|This is stated after charging:|||||g||
|Auditor's|remuneration||||13,000|12,000|
|Depreciation|||||17,571|18,149|
##
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|Staff costs|||||
|---|---|---|---|---|
||||2021|2020|
|Wages and salaries (including|temporary|and agency staff)|177,524|218,978|
|Social Security Costs|||16,845|17,025|
|Pension Costs|||41,059|41,474|
||||235,428|277,477|
||||Number|Number|
|Average number ofstaff|||4|4|
##
|Tangible fixed|assets|||||
|---|---|---|---|---|---|
|||Long||||
|||Leasehold||||
|||Land and|Office|Motor||
|||buildings|equipment|vehicles|Total|
|||||g|g|
|Cost||||||
|At 1 July 2020||818,754|6,980|30,876|856,610|
|Additions||||||
|At 30June 2021||818,754|6,980|30,876|856,610|
|Accumulated|depreciation|||||
|At 1 July 2020||78,665|1,541|25,236|105,442|
|Charge for the|year|14,802|1,360|1,409|17,571|
|At 30 June 2021||93,467|2,901|26,646|123,013|
|Net book value||||||
|At 30June 2021||725,287|4,079|4,230|733,597|
|At 30June 2020||740,089|5,439|5,640|751,168|
##
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||||2021|2020|
|---|---|---|---|---|
|Market Value|brought
forward||11,593,176|11,142,942|
|Net additions|to portfolio||148,060|110,559|
|Unrealised
(losses)/gains|||1,537,400|339,675|
|Market value|at end ofyear||13,278,636|11,593,176|
|Cash held in|the investment|portfolio|478,554|483,575|
||||13,757,190|12,076,751|
##
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|All investmen
investments.|ts|were
held
dire|ctly
by the Charity
and
there
are no restrictions|on the reali|sation
of the|
|---|---|---|---|---|---|
|||||2021|2020|
||||||g|
|Investments|listed on arecognised stock exchange:|||||
|UK Fixed Interest||||2,914,776|3,328,625|
|Overseas Fixed Interest||||1,157,053|830,958|
|UK Equities||||3,608,181|3,094,203|
|Non- UK Equities||||2,867,438|2,268,386|
|Commodities||||475,651|537,460|
|Property Unit Trust||||470,622|398,538|
|Hedge Funds||||1,784,915|1,135,006|
|Total investments||||13,278,636|11,593,176|
|The investments||above were held as follows:||||
|||||2021|2020|
|UK||||9,254, 146|8,493,833|
|Non-UK||||4,024,490|3,099,343|
|||||13,278,636|11,593,176|
|Investments|which individually||comprise more than 5%ofthe portfolio consist of:|||
|||||2021|2020|
||||||g|
|Asians Global Investors UK Gilt||||1,329,401|1,296,660|
|||||1,329,401|1,296,660|
|Debtors||||||
|||||2021|2020|
|Amounts
falling||due within one|year:|||
|Other debtors||||15,078|19,732|
|Prepayments||||126,572|19,481|
|||||141,650|39,213|
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|Ye|ar ended 30Jun|e 2021|||
|---|---|---|---|---|
|8.|Creditors: amounts|falling due within one year|||
||||2021|2020|
||Accru ala||142,375|95,065|
||Other creditors||26,992|77,015|
||||169,367|172,080|
||||As at|||||
|---|---|---|---|---|---|---|---|
||||30June|Adjustments|||As at|
||||2020|made in the|Approved|Paid in the|30June|
|Grants payable|consist ofthe|||year|in the year|year|2021|
|following:|||||g|||
|GBDisabled Snow||Sports Team|||39,877||(39,877)|
|GBBocciaTeam|||||10,000||(10,000)|
|GBWheelchair|Rugby Team||||30,000||(30,000)|
|GBWheelchair|Racing Team||||18,812||(18,812)|
|GBWheelchair|Tennis Team||||5,933||(5,933)|
|GBPara-Shooting||Team|||10,000||(10,000)|
||||||114)622||(114,622)|
|their payments|w|ere delayed. Since|the year end, $1|14,622 ofthe ab|ove totals has|been paid.||
|---|---|---|---|---|---|---|---|
||||As at|||||
||||30June|||||
||||2019|Adjustments|||As at|
||||(As|made in the|Approved|Paid in the|30June|
|Grants payable|consist ofthe||restated)|year|in the year|year|2020|
|following:||||||||
|GBDisabled Ski||Team|||25,908|(25,908)||
|GBBocciaTeam|||||25,000|(25,000)||
|GBWheelchair|Rugby Team||||30,000|(30,000)||
|GBWheelchair|Racing Team||||15,053|(15,053)||
|GBWheelchair|Tennis Team||||8,557|(8,557)||
|GBPara-Shooting||Team|||10,000|(10,000)||
||||||114,518|(114,518)||
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