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|Reference andAmative
Information||
|Trustees' AnnuaI Report||
|Report ofthe Independent
Exammer||
|Statement ofFinancial Activities||
|Notes to the Financial Statements|8-15|
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|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|
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|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|
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||||||||||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|
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||||||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|
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||||2021|202D|
|---|---|---|---|---|
|Value|bmught|forward|225502|225,002|
|Value|canded|forward|225,002|002|
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|||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|||
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|||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|
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||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|
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