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2021-04-05-accounts

Pages
Trustees annual report 1-2
Independent examiners report 3
Receipts and paymentsaccount -Unrestricted funds 4
-Endowment funds 5
Statementofassets and liabilities 6
Notestothefinancial statements 7

Registration number 1090945
Principal/registered
address Tozers LLP
Broadwalk House
SouthernhayWest
Exeter
EXl1UA
Principal/registered
address
Tozers LLP
Broadwalk House
SouthernhayWest
Exeter
EXl1UA
Boardoftrustees MrAMiller
MrJ Crowley
Mr D Batty
lnvestmentManagers lnvestec
2Gresham Street
London
EC2V 7QP
HawksmoorInvestment Management
17Dix'sField
Exeter
EX1 1QA
Bankers Tozers LLP client account
lndependent Examiner JLCoombsMA (Cantab), FCA
Simpkins Edwards LLP
Chartered Accountants
Michael House
Castle Street
Exeter
EX4 3LQ

2021 2020
Ê I
Receipts
Dividendsand lnterest
receivedfrominvestments GeneralFund 46,916 54,358
AttenboroughFund 5,201 4,072
Equalisation General 34 75
Attenborough
Fund 138 421
lnterest received 37 157
TotalReceipts 52,326 59,083
Payments
Donations:
Generalfund
ShaldonMusicFestival 500
The Nourish Festival 859
Two Moors Festival 12,000 10,000
ExeterCathedralSchool 3,700 8,200
DartingtonSummerSchool: Gildas 1,000
SouthWestMusic School 6,900 6,900
Blackdowns EarlyMusicFestival 5,000
Devon Baroque 750
Exeter College 4,770
Donations: AttenboroughFund 22,600 37,979
Exeter College 400
CYO (Anima project) 400
SouthWestMusicSchool- OutreachProject 3,550
ShaldonMusicFestival 500
4,050 800
Legal fees 3,833 5,376
Portfoliomanagementfee 9,486 7,786
lndependentExaminationfee 1,170 1,140
14,489 14,302
Total payments 41,139 53,081
Net receipts/(payments) for the year 11,187 6,002
Balance as at6April2020 43,140 37,138
Balance as at5April2021 54,327 43,140

2021 2020
E Ê
Gapital receipts
Miscellaneous receipts
Funds and shares assigned from the
Monica Attenborough WillTrust 95,261
Proceeds from sale of investments 376,397 272,871
Total receipts 376,397 368,132
Other expenditure
Paymentsforinvestmentsandotherassets
Purchase of shares
lnvestec 328,296 290,145
Hawksmoor 70,043 148,016
Totalpayments 398,339 438,161
Net receipts/(payments) for theyear (21,942) (70,029)
Balance as at6April2020 80,332 150,361
Balanceasat5April2O21 58,390 80,332

2021 2020
Monetaryassets f
TozersClientAccounL 74,882 55,569
lnvestec ClientAccount 26,218 34,055
Hawksmoor ClientAccount(Attenborough Trust) 11,616 33,848
112,716 123,472
2021 2020
Investmentassets Gost Marketvalue Marketvalue
Ê I
lnvestments
GeneralFund 1,386,139 2,004,290 1,590,236
AttenboroughFund 258,161 285,656 208,071
1,644,3002,289,946 1,798,307
2021 2020
Liabilities-
Amounts fallingduewithinoneyear
Professional fees 1,200 1,200
Amountsreserved forgrants(note4) 35,575 19,050
36,775 20,250
Amountsfallingdue afteroneyear
Amountsreservedforgrants (note4) 20,650 2,050

year.
4. Amountsreservedfor grants Duewithin1year Dueafter1year
SouthWestMusic School 11,425 10,000
ExeterCathedralSchool 6,150 10,650
Dartington SummerSchool-Gildas 1,000
Dartington SummerSchool-Bursaries 2,000
CreditonYouth Orchestra-Animaproject 1,800
ExeterContemporarySounds 1,200
Two MoorsFestival 12,000
35,575 20,650
5. Analysisoffunds
Unrestricted Endowment Total
Ê I
lnvestments 2,289,947 2,289,947
Balancesatbank 74,882 37,834 112,716
Netliabilities duewithin1year (35,575) (35,575)
Netliabilities dueafter1year (20,650) (20,650)
18,657
2,327,781
2,346,438