| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 2 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | ||||
| Notes to the Financial Statements | 6 | to | 11 | |
| Detailed Statement ofFinancial Activities |
| FOR THE | YEAR EN | DED 31MARCH 202 | 1 | ||||
|---|---|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | ||||||
| Unrestricted | Endowment | Total | Total | ||||
| fund | fund | funds | funds | ||||
| Notes | |||||||
| INCOME | AND ENDOWMENTS FROM | ||||||
| Donations | and legacies | 1,001 | 251 | 1,252 | 2,099 | ||
| Investment | income | 99,052 | 24,763 | 123,815 | 110,617 | ||
| Other income | 243 | ||||||
| Total | 100,053 | 25,014 | 125,067 | 112,959 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 15,008 | 3,752 | 18,760 | 4,495 | |||
| Charitable | activities | ||||||
| Charitable | activities | 35,980 | 35,980 | 83,720 | |||
| Other | 2,617 | 652 | 3,269 | 1,448 | |||
| Total | 53,605 | 4404 | 58,009 | 89,663 | |||
| Net gains | on investments | 10,000 | 10,000 | 5,000 | |||
| NET INCOME | 46,448 | 30,610 | 77,058 | 28,296 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 51,788 | 1,661,936 | 1,713,724 | 1,685,428 | ||
| TOTAL FUNDS CARRIED FORWARD | 98,236 | 1,692,546 | 1,790,782 | 1,713,724 |
| 31.3.21 | 31.3.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Investment property |
1,625,000 | 1,625,000 | 1,615,000 | ||
| CURRENT ASSETS | |||||
| Debtors | 7,100 | 2,253 | 9,353 | 3,389 | |
| Cash at bank | 101,918 | 65,389 | 167,307 | 100,824 | |
| 109,018 | 67,642 | 176,660 | 104,213 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
(10,782) | (96) | (10,878) | (5,489) | |
| NET CURRENT ASSETS | 98,236 | 67,546 | 165,782 | 98,724 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 98,236 | 1,692,546 | 1,790,782 | 1,713,724 | |
| NET ASSETS | 98,236 | 1,692,546 | 1,790,782 | 1,713,724 | |
| FUNDS | |||||
| Unrestricted funds |
98,236 | 51,788 | |||
| Endowment funds |
1,692,546 | 1,661,936 | |||
| TOTALFUNDS | 1,790,782 | 1,713,724 |
| Investme | nt management costs |
||
|---|---|---|---|
| 31.3.21 | 31.3.20 | ||
| Portfolio Property Support |
management repairs costs |
3,342 15,418 |
3,995 500 |
| 18,760 | 4,495 |
| Unrestricted | Endowment | Total | ||
|---|---|---|---|---|
| fund | fund | funds | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies |
1,681 | 418 | 2,099 | |
| Investment income Other income |
88,493 194 |
22,124 49 |
110,617 243 |
|
| Total | 90,368 | 22,591 | 112,959 | |
| EXPENDITURE ON | ||||
| Raising funds | 3,596 | 899 | 4,495 | |
| Charitable activities |
||||
| Charitable activities |
83,720 | 83,720 | ||
| Other | 1,159 | 289 | 1,448 | |
| Total | 88,475 | 1,188 | 89,663 | |
| Net gains on investments | 5,000 | 5,000 | ||
| NET INCOME | 1,893 | 26,403 | 28,296 | |
| RECONCILIATION | OF FUNDS | |||
| Total funds brought | forward | 49,895 | 1,635,533 | 1,685,428 |
| TOTAL FUNDS CARRIED FORWARD | 51,788 | 1,661,936 | 1,713,724 |
| INVESTMENT PROPERTY | ||
|---|---|---|
| FAIRVALUE | ||
| At 1 April 2020 | 1,615,000 | |
| Revaluation | 10,000 | |
| At 31 March 2021 | 1,625,000 | |
| NET BOOK VALUE | ||
| At 31 March 2021 | 1,625,000 | |
| At 31 March 2020 | 1,615,000 | |
| Fair value at 31March 2021 is represented | by: | |
| Valuation in 2019 |
217,245 | |
| Valuation in 2020 |
5,000 | |
| Valuation in 2021 |
10,000 | |
| Cost | 1,392,755 | |
| 1,625,000 |
| following hi |
storical cost: |
|---|---|
| 31.3.21 | 31.3.20 |
| 1,392,755 | 1,392,755 |
| DEB | TORS:AMOUNTS FALLING DUE WIT | HIN ONE YEAR | |
|---|---|---|---|
| 31.3.21 | 31.3.20 | ||
| Trade | debtors | 7,353 | 3,389 |
| Other | debtors | 2,000 | |
| 9,353 | 3,389 |
| FOR | THE YEAR ENDED 31MAR | THE YEAR ENDED 31MAR | CH 2021 | CH 2021 | ||||
|---|---|---|---|---|---|---|---|---|
| S. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE | YEAR | |||||
| 31.3.21 | 31.3.20 | |||||||
| Taxation and | social security | 10,399 | 5,009 | |||||
| Other creditors | 479 | 480 | ||||||
| 10,878 | 5,489 | |||||||
| 9. | MOVEMENT IN FUNDS | |||||||
| Net | ||||||||
| movement | At | |||||||
| At | 1.4.20 | in funds | 31.3.21 | |||||
| Unrestricted | funds | |||||||
| General fund | 51,788 | 46,448 | 98,236 | |||||
| Endowment | funds | |||||||
| Endownment | Fund | 1,661,936 | 30,610 | 1,692,546 | ||||
| TOTAL FUNDS | 1,713,724 | 77,058 | 1,790,782 | |||||
| Net movement | in funds, included | in the above are as follows: | ||||||
| Incoming | Resources | Gains and | Movement | |||||
| resources | expended | losses | in funds | |||||
| Unrestricted | funds | |||||||
| General fund | 100,053 | (53,605) | 46,448 | |||||
| Endowment | funds | |||||||
| Endownment | Fund | 25,014 | (4,404) | 10,000 | 30,610 | |||
| TOTALFUNDS | 125,067 | (58,009) | 10,000 | 77,058 | ||||
| Comparatives | for movement | in | funds | |||||
| Net | ||||||||
| movement | At | |||||||
| At 1.4.19 | in funds | 31.3.20 | ||||||
| K | ||||||||
| Unrestricted | funds | |||||||
| General fund | 49,895 | 1,893 | 51,788 | |||||
| Endowment | funds | |||||||
| Endownment | Fund | 1,635,533 | 26,403 | 1,661,936 | ||||
| TOTAL FUNDS | 1,685,428 | 28,296 | 1,713,724 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 90,368 | (88,475) | 1,893 | ||
| Endowment | funds | ||||
| Endownment | Fund | 22,591 | (1,188) | 5,000 | 26,403 |
| TOTAL FUNDS | 112,959 | (89,663) | 5,000 | 28,296 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.4.19 | in funds | 31.3.21 | ||
| Unrestricted | funds | |||
| General fund |
49,895 | 48,341 | 98,236 | |
| Endowment | funds | |||
| Endownment | Fund | 1,635,533 | 57,013 | 1,692,546 |
| TOTAL FUNDS | 1,685,428 | 105,354 | 1,790,782 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 190,421 | (142,080) | 48,341 | ||
| Endowment | funds | ||||
| Endownment | Fund | 47,605 | (5,592) | 15,000 | 57,013 |
| TOTAL FUNDS | 238,026 | (147,672) | 15,000 | 105,354 |
| FOR THK YEAR E | NDE | D | 31MAR | CH 2021 | ||
|---|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | |||||
| INCOME AND ENDOWMENTS | ||||||
| Donations and legacies |
||||||
| Donations | 1,252 | 2,099 | ||||
| Investment income |
||||||
| Rents received | 123,250 | 110,478 | ||||
| Interest and other investment | income | 565 | 139 | |||
| 123,815 | 110,617 | |||||
| Other income | ||||||
| No description | 243 | |||||
| Total incoming resources |
125,067 | 112,959 | ||||
| EXPENDITURE | ||||||
| Investment management |
costs | |||||
| Portfolio management | 3,342 | 3,995 | ||||
| Property repairs | 15,418 | |||||
| 18,760 | 3,995 | |||||
| Charitable activities |
||||||
| Disbursements | 35,980 | 83,720 | ||||
| Support costs | ||||||
| Governance costs |
||||||
| Postage and stationery | 250 | 531 | ||||
| Sundries | 1,059 | 167 | ||||
| Accountancy and legal fees |
1,960 | . 1,250 | ||||
| 3,269 | 1,948 | |||||
| Total resources expended | 58,009 | 89,663 | ||||
| Net income before gains | and losses | 67,058 | 23,296 | |||
| Realised recognised | gains and losses | |||||
| Realised gains/(losses) | on | investment | property | 10,000 | 5,000 | |
| Net income | 77,058 | 28,296 |