2021-04-05-accounts - M. R. Cannon 1998 Charitable Trust

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			Page
Report ofthe Trustees		1	to	2
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow	Statement
Notes tothe Financial Statements		8	to	11
Detailed Statement of Financial Activities			12

			for the Year Ended 5April 2	021
				5/4/21	5/4/20
				Unrestricted	Total
				fund	funds
			Notes	E	E
Income and endowments		from
Investment	Income			63,584	107,030
Expenditure	on
Charitable activities Grants to Institutions				101,000	13,710
Other				80,741	1,032
Total				181,741	14,742
Net gains/(losses) on investments				~35,359)	143,257
NET INCOIIIIE/(EXPENDITURE)				(153,516)	235,545
Reconciliation offunds
Total funds	brought forward			4,316,994	4,081,449
Total funds	carried forward			4,163,478	4,316,994

		Balance Sheet
		5April 2021
			5/4/21	5/4/20
			Unrestricted	Total
			fund	funds
		Notes		R
Current assets Debtors Investments Cash at bank			4,164,312	29,956 4,100,000 188,088
			4,164,312	4,318,044
Creditors Amounts falling due within one year			(834)	(1,050)
Net current	assets		4,163,478	4,316,994
Total assets	less current liabilities		4,163,478	4,316,994
NET ASSETS			4,163,478	4,316,994
Funds Unrestricted	funds		4,163,478	4,316,994
Total funds			4,163,478	4,316,994

		forthe Year Ende	d 5 April 2021
			5/4/21	5/4/20
		Notes
Cash flows from operating activities Cash generated from operations			4,091,561	105,258
Net cash provided by operating activities			4,091,561	105,258
Cash flows from investing	activities
Cost of selling Property Sale ofcurrent asset investments Sale of investment property			(79,978) (10,952) ~24407.
Net cash (used in)/provided	by investing	activities	~115.337)
Change in cash and cash reporting period	equivalents	in the	3,976,224	105,258
Cash and cash equivalents ofthe reporting period	at the beginning		188,088	82,830
Cash and cash equivalents reporting period	at the end	ofthe	4,164,312	188,088

	forthe	forthe	Year Ended 5April 2021	Year Ended 5April 2021
	Reconciliation ofnet (expenditure)fincome		to net cash flow from operating activities 5/4/21		5/4/20
	Net (expenditure)/income of Financial Activities)	for the reporting	period (as per the Statement	(153,516)	235,545
	Adjustments for: Losses/(gain) on investments Cost ofselling Property Proceeds from Sale of Property Decrease in debtors Decrease in creditors			35,359 79,978 4,100,000 29,956 ~210	(143,257) 12,970
	Net cash provided by operations			4,091,561	105,258
2.	Analysis ofchanges in net funds
			At 6/4/20	Cash flow	At 5/4/21
	Net cash Cash at bank		188,088	3,976,224	4,164,312
			188,088	3,976,224	4,164,312
	Liquid resources
	Deposits included in cash Current asset investments		4,100,000	~4.100.000
			4,100,000	~4,100,000)
	Total		4,288,088	123,776	4,164,312

		5/4/21f	5/4/20f
Rents	received	63,584	107,030

There were no trustees' remuner 5 April 2020. Trustees' expenses	There were no trustees' remuner 5 April 2020. Trustees' expenses	There were no trustees' remuner 5 April 2020. Trustees' expenses	ation or other benefits for the year ended 5 April 2021 nor for the year ended	ation or other benefits for the year ended 5 April 2021 nor for the year ended
There were no trustees' expenses			paid for the year ended 5 April 2021 nor for the year ended 5 April 2020.
Comparatives for the statement			offinancial activities	Unrestricted
				fundf
income and endowments		from
Investment income				107,030
Expenditure on
Charitable activities
Grants to Institutions				13,710
Other				1,032
Total				14,742
Net gains on investments				143,257
NET INCOME				235,545
Reconciliation offunds
Total funds brought	forward			4,081,449
Total funds carried	forward			4,316,994
			Page 9	continued. ..

				for the Year Ended 5April	2021
6.	Debtors: amounts		falling due	within one year		5/4/21	5I4I20
							6
	Rent Account						29,956
7.	Current asset	investments
						5/4/21	5/4/20
							6
	Freehold Property						4,100,000
8.	Creditors: amounts		falling due within one year
						5/4/21	5/4/20
						F
	Other creditors					834	1,050
9.	Movement in	funds
						Net
						movement	At
					At 6/4/20	in funds	5/4I21
							6
	Unrestricted funds
	General fund				4,316,994	(153,516)	4,163,478
	TOTAL FUNDS				4,316,994	~153,516)	4,163,478
	Net movement	in funds, included in the above are as follows:
				Incoming	Resources	Gains and	Movement
				resources	expended	losses f	in funds 6
	Unrestricted funds
	General fund			63,584	(181,741)	(35,359)	(153,516)
	TOTAL FUNDS			63,584	(181,741)	~35,359)	(153,516)
	Comparatives	for movement		in funds
						Net
						movement	At
					At 6/4/19	in funds	5/4/20
	Unrestricted funds
	General fund				4,081,449	235,545	4,316,994
	TOTAL FUNDS				4,081,449	235,545	4,316,994
				Page 10			continued. ..

Compara	tive	net movement in funds,	included in the above are as f	ollows:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses f	in funds
Unrestricted Genera I fund		funds	107,030	(14,742)	143,257	235,545
TOTAL	FUNDS		107,D30	~14,742)	143,257	235,545

A current yea	r 12months and prior year 12m	onths combined position isas follows:
			Net
			movement	At
		At 6/4/1 9	in funds	5/4/21
Unrestricted General fund	funds	4,081,449	82,029	4,163,4?8
TOTAL FUNDS		4,081,449	82,029	4,163,478

A current yea follows:	r 12 months and prior	year 12 months combined net	movement in fun	ds, included in t	he above are
		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
					f.
Unrestricted	funds
General fund		170,614	(196,483)	107,898	82,029
TOTAL FUNDS		170,614	)196,483)	1D7,898	82,029

		M	R Cannon 1998Charitable	Trust
		Detailed Statement of Financial		Activities
			for the Year Ended 5April	2021
					5/4/21	5/4/20
income and endowments
Investment income Rents received					63,584	107,030
Total incoming resources					63,584	107,030
Expenditure
Charitable activities Grants to institutions					101,000	13,710
Other Property Sale Costs					79,978
Sup port costs
Management Accountancy					738	1,020
Finance Sank charges					25	12
Total resources expended					181,741	14,742
Net (expenditure)/income losses	before gains	and			(118,157)	92,288
Realised recognised gains and losses Realised gains/(losses) on current asset Costs ofSale of Investment Property		investments			(10,952) /24, 407)
Net (expenditure)/income					~I53,516)	92,288