2021-03-31-accounts

Charity Name:	Charity Name:	The Sylvia Short Educational	Charity
Charity Number:		1095722
Trustees:
		Paul Murray (Charity ofTrustees)
		Cynthia M LMorrison
		Philip Price
		Dominic Harbour
		John Hulse
		Zoe McLean
Registered	Office:	Herefordshire District Council
		PO Box 185
		Hereford
		HR4 9ZR
Independent	Examiner:	Bonelle and Co Ltd
		1 Wyecliffe Terrace
		Bath Street
		Hereford
		HRI 2HG
Bankers:		Natwest Bank
		Broad Street
		Hereford
Invesnnent	Managers:	Investec Wealth &Investments

				Unrestricted	Endowment	Total	Total
				Funds	Funds	Funds	Funds
						2021	2020
			Note
Incoming resources
Incoming resourcesPom
general funds
Investment income:
Hereford Council - dividend Investec - dividend income Bank interest		income		607 34,081		607 34,081	531 54,304
Other income				2,180		2,180	17
Total incoming resources				36,868		36,868	54,852
Resources expended
C/taritable activities
Grants awarded Grants cancelled due to lockdown				3,635 (3,586)		3,635 (3,586)	29,932
Costs ofgenerating funds
Investment management Bank charges	costs				11,016	11,016	11,472
Governance costs
Payments to Trustees&Secretary Other governance costs Accountancy fees				3,272 588		3,272 588	3,200 566 900
Total resources expended				3,909	11,016	14,925	46,070
Net resources received/(expended)				32,959	(11,016)	21,943	8,782
Other recognised gains/losses
realised and unreaiised gains/(losses)
on investment assets
Investec Wealth&investment Herefordshire Council					164,772	164,772	(134,802)
Net movement in funds				32,959	153,756	186,715	(126,020)
Total funds brought forward Transfer between funds				16,551	1,037,940	1,054,491	1,180,511
Total funds carried forward				49,510	1,191,696	1,241,206	1,054,491

			2021	2020
		Note
Fixed assets
Investments:	Investec		1,183,283	1,020,324
	Other
			1,183,283	1,020,324
Current assets
Cash at bank	and in hand	60,623	35,967
Creditors:	due within one year	2,700	1,800
Net current	assets		57,923	34,167
Net assets			1,241,206	1,054,491
Funds:
Unrestricted			49,510	16,551
Permanent Endowment			1,191,696	1,037,940
			1,241,206	1,054,491
The notes on pages 7to 10form		part ofthese accounts.
These accounts were approved by the Trustees on			and signed on their
behalf by:

The charity did not undertake any activ the following grants:	ity directly but met its charita	ble purposes by
	31.03.21	31.03.20
Primary schools Secondary schools	2,835	15,068 7,717
Sixth Form Colleges	800	3,147
Theatres and Dance schools		4000
	3 635	29932

the following b	ustee or employee ofHe	refordshire	Council:
			31.03.21	31.03.20
D.Hankins (employee ofHerefordshire		Council)	3,200	3,200
admin expenses
D Densley —Zoom Meetings			72
Total payments	to trustees and employees		3 272	3 200
ofHerefordshire	Council

Investec Wealth 4ik Inves	tment as follows:
		31.03.21	31.03.20
Stocks and shares		762,079	595,750
Bonds		421 204	424 574
		1 183283	1 020 324
Movement in investment	were:
Carrying value (market Additions to investments	value) bfwd at 1"April 2021 at cost	1,020,324 694,086	1,171,122 268,164
Disposals proceeds Net gain on disposals in the year Net Profit (loss) on revaluation for the year Carrying value (market value) as at 31 March 2021		(696,798) 112,131 ~53 540 1 183 283	(284,160) 11,528 ~346 330 1 020 324

The Council holds the following	on behalf ofthe	Charity:
Royal Bank ofScotland	120	ordinary	shares
Unilever Plc Ord	288	ordinary	shares

considered i	t prudent t	t prudent t	o write offth	eir value.	eir value.
6Creditors:	amounts		falling due	within one		year
							31.03.21 31.03.20
Accruals							2 700	1 800
7Analysis ofnet assets between funds
					Unrestricted		Endowment	Total
						fund	fund
Investments							1,183,283	1,183,283
Cash Creditors						52,210 ~2700	8,413	60,623 ~2700
						49 510	1 191696	1241206
8Movement		on reserves
					Unrestricted		Endowment	Total
						fund	fund
						f,	K
Funds brought		forward	at 1"April	2021		16,551	1,037,940	1,054,491
Net resources		received/(expended)				32959	153756	186715
9 6	i	6 1'	6 131"M	1	2021	49 510	1191696	1241 206