| Page | |
|---|---|
| Reference and Administrative Information |
|
| Trustees' Annual Report | 2 —4 |
| Report ofthe Independent Examiner |
|
| Statement ofFinancial Activities | |
| Balance Sheet | |
| Notes to the Financial Statements | 8-13 |
| Unrestricted | Funds | ||||||
|---|---|---|---|---|---|---|---|
| Expendable | Total | Total | |||||
| NOTE | Endowment | Income | 2021 | 2020 | |||
| 6 | 6 | ||||||
| INCOME | |||||||
| Investment Income |
29,543 | 29~ | 40,808 | ||||
| TOTAL INCOME | 29,543 | 29,543 | 40,808 | ||||
| EXPENDITURE | |||||||
| Cost ofGenerating | Funds | 7,510 | 7,510 | 7,780 | |||
| Charitable activities |
5,689 | 40,069 | 45,758 | 43,424 | |||
| TOTAL EXPENDITURE | 13,199 | 40,069 | 53,268 | 51,204 | |||
| NET EXPENDITURE | (13,199) | (10,526) | (23,725) | (10,396) | |||
| (Losses)/Gains on investment |
assets | ||||||
| Realised Losses | 8 | (698) | (698) | (2,044) | |||
| Unrealised gains/ |
(losses) | 8 | 274,294 | 274,294 | (225,275) | ||
| NET MOVEMENT/ | (EXPENDITURE) | 260,397 | (10,526) | 249,871 | (237,715) | ||
| BEFORETRANSFER | |||||||
| NET MOVEMENT | IN FUNDS | 260,397 | (10,526) | 249,871 | (237,715) | ||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 1,161,816 | 12,942 | 1,174,758 | 1,412,473 | ||
| TOTAL FUNDS CARRIED | FORWARD | 1,422+13 | 2,416 | 1~4,629 | 1,174,758 |
| NOTE | 2021 | 2020 | |
|---|---|---|---|
| FIXEDASSETS | |||
| Investments | 1,418,641 | 1,084,562 | |
| CURRENT ASSETS | |||
| Cash at Bank | 10 | 10,778 | 94,709 |
| 10,778 | 94,709 | ||
| CURRENT LIABILITIES | |||
| Creditors: amount falling due within one year | (4,790) | (4,513) | |
| NET CURRENT ASSETS | 5,988 | 90,196 | |
| TOTAL ASSETSLESSLIABILITIES | 1,424,629 | 1,174,758 | |
| Representing: | |||
| UNRESTRICTED FUNDS | |||
| Expendable Endowment |
1,422,213 | 1,161,816 | |
| Income | 2,416 | 12,942 | |
| 1,424,629 | 1,174,758 |
| 2021 | 2020 | ||
|---|---|---|---|
| Income | from Investments | 29,536 | 40,727 |
| Interest | on cash deposits | 7 | 81 |
| 29,543 | 40,808 | ||
| COST | OF GENERATING FUNDS |
| 2021 | 2020 | |||
|---|---|---|---|---|
| E | ||||
| Investment | Management | Fees (after fee adjustment/rebates) | 4,251 | 4,333 |
| Custody & | Administration | Fees | 3,259 | 3,447 |
| 7,510 | 7,780 |
| 2021 | |||||
|---|---|---|---|---|---|
| Tusk Trust | 10,000 | ||||
| (The) Emma Maltby Memorial Fund | 5,000 | ||||
| CHASE Africa | 3,000 | ||||
| Home-Start Banbury & | Chipping | Norton | 3,000 | ||
| BigLife UK | 2,000 | ||||
| BYHP | 2,000 | ||||
| Medical Detection | Dogs | 2,000 | |||
| Restore | 2,000 | ||||
| Blackbird Leys Boxing Club | 1,000 | ||||
| Childhope | 1,000 | ||||
| The Dash Charity | 1,000 | ||||
| The Hands Up Foundation | 1,000 | ||||
| Leys Community | Development | Initiative | 1,000 | ||
| The Listening Centre | 1,000 | ||||
| Nchima Trust | 1,000 | ||||
| Suicide Prevention | Bristol | 1,000 | |||
| Tibetan Relief Fund | 1,000 | ||||
| Thames Valley Air | Ambulance | 1,000 | |||
| Zane | 1,000 | ||||
| 40,000 | |||||
| Support and governance | costs (seenote 7) | 5,758 | |||
| 45,758 |
| 2021 | 2020 | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|---|
| No. | No. | ||||||
| The advancement | ofhealth or the saving oflives | 5 | 5 | 7,000 | 10,000 | ||
| The advancement | ofeducation | 3 | 4 | 7,000 | 10,000 | ||
| The prevention or relief ofpoverty |
4 | 4 | 7,000 | 14,000 | |||
| The advancement | ofamateur Sports | 1 | 1,000 | ||||
| The relief ofthose | in need by reason | ofyouth, age, ill- | 2 | 1 | 4,000 | 1,000 | |
| health, disability, | financial hardship | or other | |||||
| disadvantage | |||||||
| The advancement | ofhuman rights, conflict resolution |
2,000 | |||||
| or the promotion | ofreligious or racial harmony | or | |||||
| equality and diversity |
|||||||
| The advancement | ofanimal welfare | 2 | 1 | 12,000 | 2,000 | ||
| 19 | 15 | 40,000 | 37,000 |
| Unrestricted | Unrestricted | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Expendable Unrestricted |
2021 | 2020 | |||||||||
| Endowment | Income | Total | Total | ||||||||
| Independent Examiner's |
Fee | ||||||||||
| current year | 2,000 | 2,000 | 2,520 | ||||||||
| prior year under accrual | 544 | 544 | 660 | ||||||||
| Legal and Professional Fees | 3,145 | 3,145 | 3,179 | ||||||||
| Bank Charges | 69 | 69 | 65 | ||||||||
| ToCharitable activities |
5,689 | (69) | (5,758 | (6,424) | |||||||
| FIXEDASSETINVESTMENTS | |||||||||||
| Movement in fixed asset |
investments | ||||||||||
| Unquoted | Quoted | Total | Total | ||||||||
| 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | ||||||
| 6 | 6 | ||||||||||
| Balance brought forward | 14,025 | 26,405 | 1,070,537 | 1,283,369 | 1,084,562 | 1,309,774 | |||||
| Add: Acquisitions at cost |
85,500 | 151,909 | 85500 | 151,909 | |||||||
| Less Disposal Proceeds | (9,748) | (14,581) | (15,269) | (135,221) | (25,017) | (149,802) | |||||
| Realised Gains/(Losses) on |
(1,706) | 1,014 | 1,008 | (3,058) | (698) | (2,044) | |||||
| disposals | |||||||||||
| Unrealised Gains/(Losses) |
707 | 1,187 | 275,001 | 226,462 | 274,294 | 225,275 | |||||
| Market Value at 5April | 1,864 | 14')25 | 1316,777 | 1,070437 | 1,418,641 | 1,084362 | |||||
| Historical Cost at5April | 3,418 | 13,290 | 1,166,677 | L088,732 | 1,170,095 | 1,102,022 | |||||
| 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | ||||||
| Geographical Analysis |
Unquoted | Unquoted | Quoted | Quoted | Total | Total | |||||
| United Kingdom | 13 | 11,760 | 1,361,981 | 1,022,936 | 1361,994 | 1,034,696 | |||||
| investments | |||||||||||
| Overseas investments | 1,851 | 2,265 | 47,601 | 56,647 | 49,866 | ||||||
| 1,864 | 14At25 | 1316,777 | 1,070337 | 1A18,641 | 1,084362 | ||||||
| The following investments | comprise in excess of5%ofthe value ofthe | portfolio | |||||||||
| Name | Holding | Value | |||||||||
| (6) | |||||||||||
| Stonehage Fleming Global | Equities Fund | II | 166,739 | 424,350 | |||||||
| Pimco Global Advisors IRL Ltd GISIncome | Hedged | 12,780 | 133,938 | ||||||||
| TBailey Fund Services Ltd | Evenlodge | Global Income FGBP | 91,629 | 118,156 | |||||||
| FF&PUK Equity Income | 69,045 | 114,684 | |||||||||
| Bluebay Funds Management | Company | SA | GBL | 976 | 110,989 | ||||||
| J PMorgan Asset Management | (Europe) | 87,242 | 87,242 | ||||||||
| Artemis Fund Managers | Global Units | 76,180 | 79,257 |
| Unrestricted | |||
|---|---|---|---|
| Expendable | Unrestricted | 2021 | |
| Endowment | Income | Total | |
| Accruals | 4,790 | 4,790 | |
| 4,790 | 4,790 | ||
| Unrestricted | |||
| Expendable | Unrestricted | 2020 | |
| Endowment | Income | Total | |
| E | |||
| Accruals | 4,513 | 4,513 | |
| 4,513 | 4,513 |
| Unrestricted | |||
|---|---|---|---|
| Expendable | Unrestricted | 2021 | |
| Endowment | Income | Total | |
| E | |||
| Investments | 1,418,641 | 1,418,641 | |
| Cash at bank | 8,362 | 2,416 | 10,778 |
| Creditors | 4,790) | 4,790) | |
| 1,422,213 | 2,416 | 1,424,629 | |
| Unrestricted | |||
| Expendable | Unrestricted | 2020 | |
| Endowment | Income | Total | |
| Investments | 1,084362 | 1,084,562 | |
| Cash at bank | 81,767 | 12,942 | 94,709 |
| Creditors | (4,513) | 4,513 | |
| 1,161,816 | 12,942 | 1,174,758 |