| Page | |||
|---|---|---|---|
| Statement ofthe Trustees' | Responsibilities | ||
| Trustees' Report | 2-7 | ||
| Independent Examiner's |
Report | ||
| Statement ofFinancial | Activities | ||
| Balance Sheet | 10 | ||
| Notes tothe Accounts | 11-15 |
| 2020 | 2019 | ||
|---|---|---|---|
| Notes | |||
| Incoming resources | |||
| Incoming resources from | |||
| generated funds -investment Income |
7 | 83,361.73 | f01,988.13 |
| -Tax Repayment | |||
| Donations Received | 7.1 | 46,994.95 | 47,022.57 |
| Total incoming resources | 130,356.68 | 149,0f0.70 | |
| Resources Expended | |||
| Investment Management cost |
8.1 | 43,190.82 | 41,966.20 |
| Charitable activities | 8.2 | 145,352.68 | 159,775.46 |
| Governance costs | 8.3 | 47,891.53 | 54,038.28 |
| Other resources expended | 8.4 | 2,154.49 | 2,260.85 |
| Total resources expended | 238,589.52 | 258,040.79 | |
| Net incoming/(outgoing) | |||
| resources before other | |||
| recognised gains/(losses) | (108,232.84) | (109,030.09) | |
| Realised and Unrsalised Gains |
521,428.92 | 898,659.59 | |
| Currency Exchange Gains/(Losses) | 6,870.60 | (5,576.67) | |
| Net movement in funds |
420,066.68 | 784,052.83 | |
| Total funds brought forward |
6,116,657.25 | 5,332,604.42 | |
| Total funds carried forward | 6,536,723.93 | 6,116,657.25 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Fixed assets | ||||
| Quoted stocks and shares | 3.1 | 6,249,009.64 | 5,860,316.61 | |
| Chattels | 61,791.00 | 61,791.00 | ||
| Total fixed assets | 6,310,800.64 | 5,942,107.61 | ||
| Current assets | ||||
| Cash at bank | 3.3 | 246,181.09 | 194,218.19 | |
| Debtors | 4 | 175.00 | 89.25 | |
| Total current assets | 246,356.09 | 194,307.44 | ||
| Creditors: amounts | falling due within one year | 5 | (20,432.80) | (19,757.80) |
| Net current assetsl | (liabilities) | 225,923.29 | 174,549.64 | |
| Net assets | 653622393 | ~6,226652. 5 |
| 3.3 | Cash account balances | Cash account balances | ||||
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| 6 | ||||||
| Pictet Euro account | 138,131.00 | 45,484.00 | ||||
| Pictet US Dollar account | 6,504.00 | 55,093.00 | ||||
| Pictet GBPaccount | ||||||
| Pictet CHF account | 31,598.00 | 22,706.00 | ||||
| Tilney account Quilter Cheviot Capital |
account | 13,571.88 8,547.57 |
8,876.94 8,839.65 |
|||
| Quilter Cheviot Income account | ||||||
| Child 8Co | 27,931.65 | 51,035.08 | ||||
| Hunters client account |
19,896.99 | 2,183.52 | ||||
| 246,181.09 | 194,218.19 | |||||
| 4 | Debtors | |||||
| 2020 | 2019 | |||||
| K | ||||||
| Tax Repayable | ||||||
| Dividends Receivable |
175.00 | 89.25 | ||||
| 175.00 | 89.25 | |||||
| 5 | Creditors: Amounts | Falling Due Within One Year | ||||
| 2020 | 2019 | |||||
| K | ||||||
| Legal, Secretarial and Administration Independent Examination Fees |
Fees | 19,732.80 700.00 |
19,057.80 700.00 |
|||
| 20,432.80 | 19,757.80 |
| 7 | Analysis ofincoming Resources | Analysis ofincoming Resources | ||
|---|---|---|---|---|
| 2020 | 2019 | |||
| Investment Income |
||||
| -Interest on Bonds, Gilts | &Loan Notes | 3,916.73 | 5,564.04 | |
| - Dividends on UK Equities |
48,401.30 | 63,567.17 | ||
| -Foreign Savings Interest | 5,736.71 | 6,328.54 | ||
| —Dividends on European |
Equities | 18,822.22 | 17,237.94 | |
| -Dividends on US Equities |
6,417.40 | 9,125.07 | ||
| - Interest on Bank Deposits | 67.37 | 165.37 | ||
| 83,361.73 | 101,988.13 | |||
| 2020 | 2019 | |||
| 7.1 | Donations Received | |||
| Kinnoull Foundation |
46,994.95 | 47,022.57 | ||
| 8 | Analysis ofResources | Expended | ||
| 2020 | 2019 | |||
| 8.1 | Investment Management |
fees | ||
| - Pictet | 13,705.67 | 12,801.15 | ||
| - Quilter Cheviot | 15,883.35 | 16,173.05 | ||
| -Tilney | 13,601.80 | 12,992.00 | ||
| 43,190.82 | 41,966.20 | |||
| 8.2 | Charitable Activities |
|||
| 2020 | 2019 f |
|||
| Belize Zoo | 1,566.50 | 1,567.42 | ||
| Blue Madne Foundation |
4,000.00 | 4,000.00 | ||
| Bon Coeur Association | 4,000.00 | |||
| Brooke Hospital for Animals | 4,000.00 | 2,000.00 | ||
| Campaign for National Parks |
3,000.00 | |||
| Clearwater Marine Aquarium |
3,916.25 | 3,918.55 | ||
| David Shepherd Wildlife |
3,000.00 | 3,000.00 | ||
| Durell Wildlife Conservation | 3,000.00 | 3,000.00 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Fauna &Flora International | 12,000.00 | 12,000.00 | ||
| Friends ofCommunity Animal Services |
1,566.50 | |||
| Mauritian Wildlife Foundation |
12,000.00 | 12,000.00 | ||
| Middlebury Institute of International Monterey County SPCA Peace of Mind Dog Rescue Pine Ridge Dog Sanctuary Reef Conservation |
Studies | 5,978.53 19,581.23 7,049.24 2,000.00 2,000.00 |
3,918.55 19,592.73 7,053.39 2,000.00 2,000.00 |
|
| Royal Vetinary College San Francisco Zoo |
3,000.00 15,664.98 |
3,000.00 15,674.18 |
||
| The Shanti Project Trees for cities |
6,265.99 | 6,269.68 25,000.00 |
||
| Ventana Wildlife Society Wildlife Conservation Society |
16,448.23 6,265.99 |
16,457.89 6,269.68 |
||
| Wildfowl &Wetlands Trust |
2,000.00 | |||
| Wonder Dog Rescue Worldwide Veterinary Service |
7,049.24 2,000.00 145,352.68 |
7,053.39 2,000.00 159,775.46 |
||
| 8.3 | Governance Costs |
2020 | 2019 | |
| 8 | ||||
| Independent Examination Fees Legal, Secretarial and Administration |
Fees | 829.33 46,912.20 |
816.48 53,221.80 |
|
| Trustee Expenses | 150.00 47,891.53 |
54,038.28 | ||
| 8.4 | Other Resources Expended | 2020 8 |
2019 5 |
|
| Bank Charges Deposit BoxCharges Foreign Custody Charges |
288.86 984.00 881.63 2,154.49 |
454.04 984.00 822.81 2,260.85 |
||
| 8.5 | The Trust employed no staff during |
the year ended 31 | December 2020 (2019-none). |