| Page | ||
|---|---|---|
| Trustees' report |
1-5 | |
| Independent auditor's |
report | 6-9 |
| Statement offinancial | activities | 10 |
| Balance sheet | ||
| Notes to the financial | statements | 12-18 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Total (outgoing) | / incoming | resources for the year | 347,016 | 210,511 |
| Direct charitable | expenditure | (137,844 ) | ( 77,000 ) | |
| Other expenditure | ~42 607 | 43782 | ||
| Total resources | expended | 180,451 | 120,782 | |
| Net gains / (losses) on investment |
93,569 | 6,828 | ||
| Net incoming / |
(outgoing) resources for the year | ~2334 | 96557 |
| Unaudited | Unaudited | Unaudited | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||||
| funds | funds | funds | funds | ||||||
| Notes | 2021 f |
2021 | 2021 | 2020 f |
2020 | 2020f | |||
| fr | |||||||||
| Donations and |
legacies | 2 | 264,851 | 264,851 | 124,349 | 6,000 | 130,349 | ||
| Investments | 3 | 62,984 | 19,025 | 82,009 | 55,725 | 24,286 | 80,011 | ||
| Other income | 4 | 156 | 156 | 151 | 151 | ||||
| Total income | 327,991 | 19,025 | 347,016 | 180,225 | 30,286 | 210,511 | |||
| "II ' | |||||||||
| Charitable activities |
5 | 118,441 | 62,010 | 180,451 | 75,782 | 45,000 | 120,782 | ||
| Net gains/(losses) | on | ||||||||
| investments | 10 | 73,194 | 20,375 | 93,569 | (15,026) | 21,854 | 6,828 | ||
| Net movement | in | funds | 282,744 | (22,610) | 260,134 | 89,417 | 7,140 | 96,557 | |
| Fund balances | at 1 | ||||||||
| March 2020 | 2,443,484 | 769,615 | 3,213,099 | 2,354,067 | 762,475 | 3,116,542 | |||
| Fund balances | at | 28 | |||||||
| February 2021 |
2,726,228 | 747,005 | 3,473,233 | 2,443,484 | 769,615 | 3,213,099 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | 2021 | 2020 | ||
| Donations | and gifts | 2,500 | 2,500 | 12,935 | |
| Legacies | receivable | 262,351 | 262,351 | 117,414 | |
| For the year ended 28 February 2021 | 264,851 | 264,851 | 130,349 | ||
| For the year ended 29 February 2020 | 124,349 | 6,000 | 130,349 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | 2021 | 2020 | |
| general | ||||
| income from listed investments | 62,980 | 19,025 | 82,005 | 79,422 |
| Interest receivable | 4 | 4 | 589 | |
| For the year ended 28 February 2021 | 62,984 | 19,025 | 82,009 | 80,011 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| general | general | ||
| 2021 | 2020 | ||
| Other | income | 156 | 151 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Grant funding of activities (see note 6) |
137,844 | 77,000 | |||
| Share of | support costs (see note 7) | 37,857 | 39,774 | ||
| Share of | governance | costs (see note 7) | 4,750 | 4,008 | |
| 180,451 | 120,782 | ||||
| Analysis | by fund | ||||
| Unrestricted funds - |
general | 118,441 | 75,782 | ||
| Restricted | funds | 62,010 | 45,000 | ||
| 180,451 | 120,782 | ||||
| 6 | Grants payable | ||||
| Total grants to institutions | 137,844 | 77,000 |
| Support | costs | ||||
|---|---|---|---|---|---|
| Support | Governance | 2021 | 2020 Basis ofallocation | ||
| costs | costs | ||||
| Administrative costs |
11,511 | 11,511 | |||
| Miscel!aneous costs | 769 | 769 | 9,404 | ||
| Computer | expenses | 278 | 278 | 702 | |
| insurance | costs | 704 | 704 | 725 | |
| Postage and stationary | 260 | 260 | 374 | ||
| Investment | management | ||||
| fees | 23,566 | 23,566 | 22,869 | ||
| Bank charges | 229 | 229 | 144 | ||
| Travelling | costs | 1,014 | |||
| Legal and | professional | 540 | 540 | 4,542 | |
| Audit fees | 4,750 | 4,750 | 4,008 Governance | ||
| 37,857 | 4,?50 | 42,607 | 43,782 | ||
| Analysed | between | ||||
| Fundraising | |||||
| Charitable | activities | 37,857 | 4,750 | 42,607 | 43,782 |
| 2021 | 2020 |
|---|---|
| Number | Number |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | 2021 | 2020 | |||
| general | ||||||
| Revaluation | of investments | 94,375 | 18,095 | 112,470 | 15,082 | |
| Gain/(loss) | on sale of investments | (21,181) | 2,280 | (18,901) | (8,254) | |
| For the year ended 28 February | 2021 | 73,194 | 20,375 | 93,569 | 6,828 |
| Listed | Listed | Total | ||||
|---|---|---|---|---|---|---|
| investments | Investments | |||||
| Restricted | ||||||
| f | ||||||
| Cost or valuation | ||||||
| At 1 March 2020 | 2,256,270 | 778,783 | 3,035,053 | |||
| Additions | 681,106 | 96,624 | 777,730 | |||
| Valuation | changes | 94,351 | 18,095 | 112,446 | ||
| Disposals | (355,364) | (159,996) | (515,360) | |||
| At 28 February 2021 | 2,676,363 | 733,506 | 3,409,869 | |||
| Carrying | amount | |||||
| At 28 February 2021 | 2,676,363 | 733,506 | 3,409,869 | |||
| At 29 February 2020 | 2,256,270 | 778,783 | 3,035,053 | |||
| 12 | Debtors | |||||
| 2021 | 2020 | |||||
| Amounts | falling due | within one year: | F | |||
| Other debtors | 15,220 | 136,981 | ||||
| 13 | Creditors: | amounts | falling due within one year | |||
| 2021 | 2020 | |||||
| Accruals | 22,260 | 4,740 |
| Analysis of net assets between funds | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | |||
| E | f | |||
| Fund balances at 28 February 2021 are represented | by: | |||
| investments | 2,676,363 | 733,506 | 3,409,869 | |
| Current assets/(liabilities) | 49,925 | 13,499 | 63,424 | |
| 2,726,288 | 747,005 | 3,473,293 |