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|Annual|Report ofthe|Report ofthe|Trustees|1-5|
|---|---|---|---|---|
|Report|of|the Independent<br>Examiner|||
|Statement||of Financial|Activities||





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|||||Unrestricted|Funds|
|---|---|---|---|---|---|
|||||Total|Total|
||||Page|31.12.2021|31.12.2020|
||||||E|
|Income from:||||||
|Investments<br>(note 2)<br>Donations<br>and legacies (note 3)|||10<br>10|35,749<br>29,521|32,721<br>101,497|
|Total income||||65,270|134,218|
|Expenditure<br>on:||||||
|Charitable<br>activities (note|4)||10|31,543|38,933|
|Raising funds (note 6)|||10|2,909|2,454|
|Total expenditure||||34,452|41,387|
|Net income before net gains on investment||assets||30,818|92,831|
|Net gains on investment|assets (note 7)|||62,332|33,824|
|Net income||||93,150|126,655|
|Reconciliation<br>offunds:||||||
|Total funds brought<br>forward at 1 January 2021||||988,603|861,948|
|Total funds carried forward at 31 December||2021||f'1,081,753|E988,603|





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||||||||Page||31.12.2021<br>f|31.12.2021<br>f|31.12.2020<br>f|31.12.2020<br>f|31.12.2020<br>f|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|2,|INCOME FROM|INVESTMENTS||||||||||||
||Income from UK|quoted equities||||||||35,744|||32,693|
||Deposit interest|||||||||5|||28|
||Total investment|income|||||7||f|35,749|f||32,721|
|3.|INCOME FRONI|DONATIONS|AND|LEGACIES||||||||||
||Legacy received|||||||||20,230||100,000||
||Donations<br>received|||||||||9,291|||1,497|
||||||||7||f|29 521|f|101497||
||CHARITABLE ACTIVITIES|||||||||||||
||Charitable<br>grants|to individuals||||||||16,946|||21,840|
||Support cost|||||||||||||
||Facilitator fees|||||||||6,902|||6,566|
||Governance costs|||||||||||||
||Legal fees|||||||||7,450|||10,290|
||Insurance|||||||||245|||237|
||Total charitable|activities|||||||f|31,543|f||38,933|
|5.|DONATED SERVICES|||||||||||||
||Rawlinson<br>8 Hunter<br>have donated|||their technical||and advisory|services|in preparing|||the financial|||
||statements<br>and other charity<br>administration.<br>The value of these services has been estimated<br>f14,700 plus VAT for the period ended 31 December 2021 (2020 - f11,950 plus VAT).||||||||||||at|
|6.|EXPENDITURE|OF RAISING|FUNDS|||||||||||
||Investment<br>management<br>fees||||||||F|2,909|f.||2,454|





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||||||Page|31.12.2021|31.12.2021|31.12.2020|31.12.2020|
|---|---|---|---|---|---|---|---|---|---|
||||||||E||E|
|7.|FIXEDASSET INVESTMENTS|||||||||
||Schroder<br>Unit Trusts —Cazenove||Charity|Multi-Asset||1,010,735|||955,502|
||Cash held as part of the investment||portfolio||||29||29|
|||||||F 1,010,764||E|955,531|
||Quoted investments|||||||||
||Market value at 1 January 2021||||||955,502||831,367|
||Additions<br>at book cost||||||35,744||132,695|
||Sale proceeds||||||(42,843)||(42,384)|
||Net realised<br>gains //(losses)<br>on sales<br>Net unrealised<br>gains on revaluation||||||235<br>62,097||(4,227)<br>38,051|
||Market value at 31 December|2021||||61,010,735||F|955,502|
||Historical cost at 31 December 2021|||||E|789,492|f|788,933|
||Net gains on investment<br>assets|||||||||
||Net realised<br>gains<br>/ (losses) on sales<br>Net unrealised<br>gains on revaluation||||||235<br>62,097||(4,227)<br>38,051|
||Total net gain on investment|assets|||||62,332|F|33,824|
|8.|DEBTOR|||||||||
||Gift Aid reclaim||||||||1,034|
||||||8|E|—|L|1,034|
|9.|CASH AT BANK|||||||||
||Coutts 8 Co.||||||59,327||25,902|
||Bank of Scotland||||||6,714||5,099|
||||||8|6|66,041|F|31,001|
|10.|CREDITORS - Amounts<br>falling due within one year|||||||||
||Donation<br>commitment<br>due||||||3,160||420|
||Facilitator fees<br>Investment<br>management<br>fees||||||1,235<br>757||1,133<br>690|
||Legal fees||||||||6,720|
||||||8|8|5,152|E|8,963|





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|||||||||Page|31.12.2021|31.12.2020|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||E|
|11.|LOAN||||||||||
||Interest|free|loan|granted|to|a|beneficiary||F 10,000|E 10,000|



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