| CONTENTS | ||
|---|---|---|
| Page | ||
| Reportofthe Trustees | I | |
| ReportoftheIndependentExaminer | J | |
| StatementofFinancialActivities | 4 | |
| BalanceSheet | 5 | |
| Notesformingpartofthe FinancialStatements | 6 |
| FOR | THE | YEARENDIN | G31DECEMBER | 2O2O | |
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| Notes | |||||
| ttf, | f | ||||
| Incomingresourcesfrom | |||||
| generated funds: | |||||
| Investment Income | 2 | 16013 | 2205s | ||
| Grants | -) | 41132 | |||
| Donationsandotherfund raising | 4 | 23558 | II8183 | ||
| Incomefrom Land | 1500 | I500 | |||
| 82203 | 141738 | ||||
| ResourcesExpended | |||||
| CharitableActivities | 5 | 214462 | 87604 | ||
| Govemance | 5 | 8492 | 21039 | ||
| TotalResourcesExpended | 2229s4 | I08643 | |||
| Net (Outgoing)/IncomingResources | (1407sr) | 33095 | |||
| Gains(Losses) onInvestment | |||||
| Realised- Equities |
12807 | 25959 | |||
| GovemmentStock | |||||
| UnitTrusts,Altematives&FixedInterest | 8164 | 99 | |||
| 20971 | 260s8 | ||||
| Unrealised-Gain/(Deficit) | |||||
| Equities | 1227 | s9264 | |||
| GovernmentStocks | 1001 | 100s | |||
| UnitTrusts,Alternatives&FixedInterest | (7eee) | 6750 | |||
| I5200 | 93077 | ||||
| NetMovement inFunds | (12sss1) | 126172 | |||
| X'undBalanceat1January2020 | 961454 | 835282 | |||
| Fund Balance at31December2020 | 835903 | 961454 |
| 2020 | 2019 | 2019 | |
|---|---|---|---|
| f_ | f | ||
| 2.INVESTMENT INCOME | |||
| Dividends | t5973 | 2 | 995 |
| Interest | 25 | 37 | |
| Ground Rent Received | t5 | 23 | |
| 16013 | 22055 |
| 3.GRANTS | ||
|---|---|---|
| RochdaleMetropolitan Borough Council | 25000 | |
| JobRetentionScheme | 16132 | |
| 41132 | ||
| 4.DONATTONAL AND OTHERFT]NDRATSING Donations |
20399 | l0l20l |
| FundRaising | 3159 | 16982 |
| 23558 | I18183 |
| DIRECTCIIARITABLEEXPEN'DITURE | ||||
|---|---|---|---|---|
| 2020 | 2019 | |||
| Charitable | Covemance | Total | Total | |
| Activities € |
L | € | t | |
| PropertyCosts:- Rates |
1392 | 1392 | 2239 | |
| Insurance | 4480 | 4480 | 4186 | |
| Heat andLight Repairs and Renewals |
7020 5553 |
7024 )))J |
6354 l890 |
|
| SupportCosts:- Food |
4231 | |||
| Entertainment | 25 | 25 | 4976 | |
| Employment StockbrokerFees |
25153 | 6224 | 25153 6224 |
25602 7005 |
| ProfessionalFees | 11370 | |||
| Accountancy Printing, Stationeryand Computer Costs TelephoneandTelevision Sundry Expenses |
1040 779 1801 |
2268 | 2268 1040 779 l80l |
2664 712 l0l3 r970 |
| PropertyImprovementCosts | 167219 | 167219 | 34425 | |
| 214462 | 8492 | 222954 | 108643 |
| NOTES TOTHEACCOUNTS | FORTHE YE | ARENDED | 31DECEMBER | 2O2O |
|---|---|---|---|---|
| 6.INVESTMENTS | 2020 f |
2019 { |
||
| a)Quoted atmarketvalue | ||||
| Equities | 642728 | 623192 | ||
| UnitTrusts,Altematives&Fixed Interest | 46707 | 111l9l | ||
| BritishGovemmentStocks | 68355 | 67354 | ||
| 757790 | 801737 | |||
| 2020 | 2019 | |||
| f | f | f | L | |
| b)lVlovementsin Equities | ||||
| As atIJanuary 2020 | ||||
| Asstated atcost | 525193 | 492612 | ||
| Increasetomarket value | 97999 | 38735 | ||
| AsatIJanuary 2020atmarket value | 623192 | 531347 | ||
| Purchasesduringthe year | 228370 | 202096 | ||
| 851562 | 733443 | |||
| Disposalsduringtheyear:- | ||||
| Proceeds | 222868 | 195474 | ||
| CostatIJanuary2020 | 210061 | (210061) | 169515 | (l6e5ls) |
| Realised Gain | 12807 | 25959 | ||
| Unrealised Gain | 1227 | 59264 | ||
| Valuationat31 December 2020 | 642728 | 623192 | ||
| c.MovementsinUnitTrusts, Alternatives&FixedInterest | ||||
| AsatIJanuary 2020asstated atcost | t00734 | 124046 | ||
| Uplifttomarket value | 10457 | 3707 | ||
| AsatIJanuary 2020atmarket value | 111191 | 127753 | ||
| Purchasesduringtheyear | 21250 | |||
| 132441 | 127753 | |||
| Disposalsduringtheyear | ||||
| Proceeds | 85899 | 23411 | ||
| CostatIJantary2020 | 7773s | (7773s) | 23312 | (23312) |
| Realised Gain | 8164 | 99 | ||
| Unrealised (Loss)/Gain | (7eee) | 6750 | ||
| Valuationat3lDecember 2020 | 46707 | 111191 | ||
| 8 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| f | + | + | T | |
| d)Movementsin BritishGovernmentStock | ||||
| AsatIJanuary 2020asstated atcost | 62360 | 62360 | ||
| Upliftto Market Value | 4994 | 3989 | ||
| AsatIJanuary 2020atmarket value | 67354 | 66349 | ||
| Unrealised Gain | 1001 | 1005 | ||
| Valuationat3lDecember 2020 | 68355 | 67354 | ||
| 7.GROUND RENTSATCOST | 2020 | 2019 | ||
| g | f. | |||
| Land-HartleyStreet,Rochdale | 378 | 378 | ||
| Land-LeamingtonStreet andRedcrossStreet | 915 | 915 | ||
| 1293 | 1293 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| tf,f,L | |||||
| BankBalancesatIJanuary2020 | |||||
| CurrentAccount | 72621 | 13434 | |||
| RathbonesAccount | I1619 | 24840 | |||
| Capital Reserve | 35000 | ||||
| 84240 | 73274 | ||||
| Receipts | |||||
| Donations | I | 43001 | |||
| Investment Income | 15973 | 2\995 | |||
| SalesofInvestments | 308767 | 218885 | |||
| Ground Rent Received | 15 | 21 | |||
| Grant | 25000 | ||||
| 349756 | 283905 | ||||
| 433996 | 357179 | ||||
| Payments | |||||
| Repairs and Renewals | 740 | 187 | |||
| PropertyImprovementCosts | 116675 | 34425 | |||
| Grant to Management Committee | 30657 | 21000 | |||
| PurchaseofInvestments | 249620 | 202097 | |||
| RatesandCouncil Tax | 1393 | 2239 | |||
| Insurance | 4480 | 4187 | |||
| AccountantsFees | I800 | l 800 | |||
| StockbrokersFees | 6223 | 7004 | |||
| 411588 | 272939 | ||||
| Balances CarriedForward | |||||
| BankBalancesat31December2020 | |||||
| CurrentAccount | 21892 | 72621 | |||
| RathbonesAccount | 516 | I 1619 | |||
| Capital Reserve | |||||
| 22408 | 84240 |
| RECEIPTS AND PAYMENTS ACCOU | NT | FORTHE | YEARE | NDED | 31DE | CEMBER2 |
|---|---|---|---|---|---|---|
| f. | 2020 |
f, |
f. | 2019 f, |
||
| BankBalancesatIJanuary2020 | ||||||
| Bank | ||||||
| HighInterest Accounts | 12 | t2 | ||||
| Community Account | 35195 | 21463 | ||||
| MoneyManagers | 38562 | 13291 | ||||
| Cash | 415 | 500 | ||||
| 74184 | 35266 | |||||
| Receipts | ||||||
| GrantsfromTrustees | 306s7 | 2l | 000 | |||
| Bequests | 427 | |||||
| JobRetentionScheme | 16132 | |||||
| DonationsfromMasons | 250 | |||||
| GeneralDonation | 20r48 | 57773 | ||||
| FieldRental | 1500 | I | 500 | |||
| Home Generated Income | 31s9 | t6982 | ||||
| BankInterest | 25 | 37 | ||||
| 71871 | 97719 | |||||
| I46055 | 132985 | |||||
| Payments | ||||||
| Food | 4236 | |||||
| Salaries | 24856 | 25283 | ||||
| PensionContributions | 297 | 320 | ||||
| oil | 3495 | 4026 | ||||
| Electricity | 3525 | 2328 | ||||
| Printing,StationeryandComputerCosts | 1040 | 712 | ||||
| TelephoneandTelevision | 779 | 1012 | ||||
| Repairs and Renewals | 4813 | 1703 | ||||
| Children's Entertainment | 25 | 4977 | ||||
| Miscellaneous | I | 801 | 1970 | |||
| Accountants'Fees | 468 | 864 | ||||
| ProfessionalFees | l1370 | |||||
| PropertylmprovementCosts | 50544 | 91643 | 5880I | |||
| Balances CarriedForwardat31December2020 | ||||||
| Bank | ||||||
| HighInterestAccount | 12 | t2 | ||||
| Community Account | 52176 | 35195 | ||||
| MoneyManager | 1333 | 38562 | ||||
| 53521 | 73769 | |||||
| Cash | 891 | 54412 | 415 | 74184 |