| Page | |
|---|---|
| Reference andAmative Information |
|
| Trustees' AnnuaI Report | |
| Report ofthe Independent Exammer |
|
| Statement ofFinancial Activities | |
| Notes to the Financial Statements | 8-15 |
| STATEMENT OF F | INANCIAL | FORTHEY | EAR ENDE | D 5APRIL 202 | 1 | |
|---|---|---|---|---|---|---|
| ~able | 2021 Total |
2020 Total |
||||
| NOTE | Endowment | Income | Unrestricted | Unrestricted | ||
| Funds | Funds | |||||
| INCOME | ||||||
| Investment Income Rental Income |
51,795 l~ |
51,795 1~ |
58836 1,500 |
|||
| TOTAL INCOME | 53395 | 59,536 | ||||
| EXPENDITURE | ||||||
| CostofGenerating | Funds | 24,970 | 24,970 | 25~ | ||
| Charitable activities |
8,223 | 144,3S2 | 152,603 | 230WI | ||
| TOTAL EXPENDITURE | 33,193 | 144,382 | 177,575 | 255~0 | ||
| Gains/(Losses) on investments |
||||||
| Realised. | 9 | 28,943 | 28,943 | (5,514) | ||
| Unrealis ed |
9 | 317,210 | 3I7310 | (320~) | ||
| NET INCOME/(EXPENDITURE) | 312,960 | (91,087) | 221873 | (522.064) | ||
| BEFORETRANSFERS | ||||||
| Gross uanafera betWean funds | 8 | (91,087) | .91,087 | |||
| NET MOVEMENT | IN FUNDS | 221,873 | 221,873 | (522It64) | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 1,958,658 | 1,958,i658 | 2,480,722 | ||
| EALANCE CAIUUED FORWARD | 2,180,531 | 2,180WI | 1,958&8 |
| NVESTME | NT INCOME | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Income from Investments | 51,763 | 57,701 | ||
| interest on cash deposits Rent Income receivable |
1,500 | 335 1~ |
||
| OSTSOF | GENERATING FUNDS | |||
| 2D21 | 2DZI | |||
| f. | ||||
| Inveshnent Custody k |
Management Administration |
Fees (after rebates) Fess |
(41) 4,731 |
117 4,892 |
| Investment | Advisor Fees | 20,280 | 20,280 |
| 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| The Royal Cogeg» ofMusic Student Bursary Appeal | 201)00 | ||||||||
| Holy Trinity Church Brampton | 15500 | ||||||||
| Klosters Alpine Concerts | 10,000 | ||||||||
| Ma»Mitten Cancer Support Philhsrmarua Orchestra |
10,000 10~ |
||||||||
| The Children's Society |
10,000 | ||||||||
| The English Concert | I DOXIE | ||||||||
| The Porc»B School | IOAl00 | ||||||||
| The Royal College af Music-Student | Hardship | CQVID | Fund | ID,OOD | |||||
| Down Syndrome Association |
5,00D | ||||||||
| Help Musician UKHardship Fund |
S,DOO | ||||||||
| Young Classical Artist Hardship | Fund | ,5,000 | |||||||
| Anti Slavery International | 4AKO | ||||||||
| Christian Aid |
43%0 | ||||||||
| NSPCC | 4,000 | ||||||||
| Save the Children Fund | 4,0GO | ||||||||
| Tearfund | 4,000 | ||||||||
| Unicef | 4,000 | ||||||||
| 144,DD0 | |||||||||
| Support and governance costs (see note 7) |
8,6ts | ||||||||
| ANALYSIS OFDONATIONS MADE | |||||||||
| 2021 | 2020 | 2021 | 2020 | ||||||
| The prsvenhan ofrelief of poverty |
No. 3 |
No. 3 |
12,000 | I~ | |||||
| The advancement ofreligion |
I | 2 | 15,000 | 35A)00 | |||||
| The advancement ofeducation |
4 | 5 | 5D,GGO | 135500 | |||||
| The advancement ofhealth or the saving oflives The advancement ofthe arts, culture, heritage or |
3 5 |
3 I |
18,000 40,00D |
18,0tM 10~ |
|||||
| scbmca | |||||||||
| The advancement ofhuman rights, |
conflict | resoluRon | I | I | 4,GOO | ||||
| orrmonctttatton, or the promotion |
ofreligious or | ||||||||
| racial harmony or actuality ar diversity The relief ofthose inneed by reason ofyauth, age, ill- health, disability,~ hardship ar other |
I | I | 5,00D | ||||||
| disadvantage | |||||||||
| 18 | 16 | 244~ | 229,000 |
| Unrestricted | ||||||||
|---|---|---|---|---|---|---|---|---|
| Expendable | Unrestricted | 2021 | 2020 | |||||
| Endowment | Income | Total | Total | |||||
| 8 | ||||||||
| Independent | Examiner's | Fee- | 4,000 | 4500 | 4,000 | |||
| Current Year | ||||||||
| Independent | Exam)ner's | Fee | -prier | (340) | (340) | IWO | ||
| year under accrual | ||||||||
| Legs!and Professional | Fees | 5,114 | ||||||
| Travel Expenses | 360 | |||||||
| Bank Charges | 327 | |||||||
| 382 | 8~ | 1L001 |
| 2021 | 202D | |||
|---|---|---|---|---|
| Value | bmught | forward | 225502 | 225,002 |
| Value | canded | forward | 225,002 | 002 |
| Unquoted | Investments | Investments | Quoted | Investments | Investments | Total | Total | ||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | ||||
| 6 | 6 | ||||||||
| hisrket Value | Brought | 28383 | 50N7 | LBI6r661 | R298,960 | 1445,244 | 2,349,487 | ||
| Forward | |||||||||
| Aoquisrtiona at Cost Less Disposal~s |
{1,224) | {2h507) | 4L243 {219335) |
69~ {224,926) |
43,019 {219r05) |
69~ (247,433) |
|||
| Realised gain/Sots) on | 374 | 28,943 | (538$) | 28,943 | {5,514) | ||||
| disposal s | |||||||||
| htat {toss)/gain | on | {6~1) | 1$9 | 323rttI | {320.985) | 317310 | {320.796) | ||
| reve!nation | |||||||||
| Market Value | Carried | 21,15$ | 2$~ | L9933)23 | 'L$16461 | R014PB | l,$45~ | ||
| Forward | |||||||||
| Histsricri Casts | 45,567 | 46,607 | 1485,160 | 1,976,677 | 1,930,767 | 2,023~ | |||
| Geographiaat | Anat)rats | ||||||||
| United Kingdom | 7,951 | 10,748 | IW4,152 | 1,71$,907 | 1,922,103 | 1,729~ | |||
| investments | |||||||||
| Oversees tnvestnsmts | 13407 2L35$ |
172)35 2$~ |
79,671 | 97,754 1,$16g61 |
92873115,5$9 R0143$1 13)45 |
||||
| he fo))owing | investments | comprise in | excess of5% | of the value | of the portfolio: | ||||
| Holding | Value | ||||||||
| Thesis Urdt ~ament | Ltd Northern | Lights | 1,377,710 | 1,850,748 | |||||
| ppdr PGlobal | Equities pond IIClass A | Income | 83,852 | 213rK4 | |||||
| EBTORS | |||||||||
| 2021 | 2020 | ||||||||
| f | |||||||||
| Rent Due | 1,813 | 1,813 | |||||||
| Income Due | 9,033 | ||||||||
| 10456 |
| Unrestricted | ||||
|---|---|---|---|---|
| Expendable | Unrestricted | 2021 | ||
| Endowment | Income | Total | ||
| E | 6 | E | ||
| Accruals | 6,536 | 6,536 | ||
| Grant Creditors | 58,090 | 55,000 | ||
| 61,536 | ||||
| Uruestricted | ||||
| Expendable | 2020 | |||
| Endowment | Total | |||
| 6 | ||||
| Aalu& | 6,185 | 6,185 | ||
| Gr | t Creditors | 1303%0 | 130,000 | |
| 130500 | 136,185 |
| Unrestricted | 2021 | |||
|---|---|---|---|---|
| Expendable | Unrestricted | Total | ||
| Endowment | Income | |||
| E | ||||
| Grani | Creditors | 25,000 | ||
| 28@00 | 28/00 | |||
| Unrestricted | 2020 | |||
| Expendable | Unrestricted | Total | ||
| Endowment | Income | |||
| Gnmt | Creditors | 80,000 | ||
| 80,000 | 80,000 |
| Uurestric led |
||||
|---|---|---|---|---|
| Expendable Eu~t |
Urzestric iud Income |
2021 Total |
||
| 6 | ||||
| Investments | 2,239,983 | 2259,983 | ||
| Debtors | 10,846 | IIL846 | ||
| Cash at bank | 9,756 | 16238 | ||
| Creditors | (80~) | 86,536 | ||
| 180/31 | 2,180'31 | |||
| Unrestricted | ||||
| Expendable | 2020 | |||
| Endowment | Total | |||
| E | ||||
| Invesbnents | 2470446 | 21)70,246 | ||
| Debtors | 1513 | 1513 | ||
| Cash atbank | 71,742 | 311)42 | 102,784 | |
| Creditors | 185,143 | 31,042 | 216,185) | |
| 958+58 | 58W8 |