| Contents | |||
|---|---|---|---|
| Page | |||
| Report ofthe Trustee | 3 | ||
| Independent auditor's |
report to the Trustee of The Roger Newport | Foundation | |
| Statement offinancial |
activites | ||
| Balance sheet | |||
| Principal accounting |
policies | 14 | |
| Notes to the financial | statements | 16 |
| or the year en | ded | 31 De | cember 2020 | |||
|---|---|---|---|---|---|---|
| Notes | 2020 | 2019 | ||||
| 6 | 6 | |||||
| Income from: | ||||||
| Investments | 78,018 | 92,703 | ||||
| Total income | 78,018 | 92,703 | ||||
| Expenditure on: |
||||||
| Raising funds —Investment |
manager | charges | (2,656) | (4,421) | ||
| Charitable activities |
(54,729) | (60,689) | ||||
| Other | (3,202) | (3,201) | ||||
| Total expenditure | (60,587) | (68,311) | ||||
| Net income | 17,431 | 24,392 | ||||
| Gain on revaluation | of investments | 34,417 | 472,680 | |||
| Net movement In funds |
51,848 | 497,072 | ||||
| Reconciliation offunds: |
||||||
| Total funds brought |
forward | 3,224,753 | 2,727,681 | |||
| Total funds carried forward | 8 | 3,276,601 | 3,224,753 |
| t 31 December | 2020 | |||||
|---|---|---|---|---|---|---|
| Notes | 2020 | 2019 | ||||
| 6 | ||||||
| Fixed Assets | ||||||
| Investments | 3,095,383 | 3,050,702 | ||||
| Current assets | ||||||
| Debtors | 118,549 | 102,500 | ||||
| Cash | 129,615 | 132,577 | ||||
| 248,164 | 235,077 | |||||
| Creditors: amounts | falling due | |||||
| within one year | 6 | (50,078) | (50,796) | |||
| Net current assets | 198,086 | 184,281 | ||||
| Creditors: amounts | falling due | |||||
| after more than one | year | (16,868) | (20,230) | |||
| Net assets | 3,276,601 | 3,224,753 | ||||
| Funds | ||||||
| Unrestricted fund |
8 | 3,276,601 | 3,224,753 |
| Inco | ming resources | ||
|---|---|---|---|
| 2020f | 2019f | ||
| Investment | income | ||
| Dividends | 77,874 | 92,486 | |
| Bank interest | 144 | 215 | |
| 78,018 | 92,703 |
| Direct | Support | ||||
|---|---|---|---|---|---|
| costsf | costsf | 2020 | 2019f | ||
| Colston's | School | 54,729 | 3,202 | 57,931 | 63,890 |
| Other costs | ||
|---|---|---|
| 2020f | 2019 F |
|
| Audit fee | 3,180 | 3,160 |
| Insurance | 22 | 21 |
| 3,202 | 3,201 |
| Fix | ed asset investments | |||
|---|---|---|---|---|
| Total | ||||
| Listed | Investment | |||
| Investments | Cash | s | ||
| 6 | f | 5 | ||
| Cost | ||||
| As at 1 January 2019 | 2,530,084 | 2,365 | 2,532,449 | |
| Additions | 264 | 264 | ||
| Disposals | ||||
| At 31 December 2020 | 2,530,084 | 2,629 | 2,532,713 | |
| Revaluations | ||||
| Unrealised | gains at 1 January 2020 | 528,253 | 528,253 | |
| Realised in |
respect of disposal | |||
| Gain arising | on revaluation | 34,417 | 34,417 | |
| Unrealised | gains at 31 December 2020 | 562,670 | 562,670 | |
| Market value at 31 December 2020 | 3,092,754 | 2,629 | 3,095,383 | |
| Market value at 31 December 2019 | 3,058,337 | 2,365 | 3,060,702 |
| 0/ | |||||
|---|---|---|---|---|---|
| Investment | assets | in the UK | 43.6 | ||
| Investment | assets | outside the UK | 49.4 | ||
| Alternatives | & Multi | asset | 6.9 | ||
| Cash | 0.1 | ||||
| 100.0 | |||||
| Debtors | |||||
| 2020 6 |
2019f | ||||
| Accrued investment | income | 2,500 | |||
| Prepaid | Bursaries | 18,549 | |||
| Loan | 100,000 | 100,000 | |||
| 118,549 | 102,500 |
| Creditors: amounts falling du |
e within one year | |
|---|---|---|
| 2020 | 2019 | |
| F | ||
| Colston's School | 45,531 | 46,845 |
| Other creditors | 4,547 | 3,951 |
| 50,078 | 50,796 |
| ar | |
|---|---|
| 2020 | 2019 |
| 6 | f |
| 16,868 | 20,230 |
| bjects. The | se include all ass |
ets and liabilities of the | Charity. | |||
|---|---|---|---|---|---|---|
| Balance | Balance at | |||||
| at | 31 | |||||
| 1 January | Investment | December | ||||
| 2020 | Income | Expenditure | Gains | 2020 | ||
| 6 | f | |||||
| Unrestricted | funds | 3,224,753 | 78,018 | (60,587) | 34,417 | 3,276,601 |