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||||||PAGES|
|---|---|---|---|---|---|
|Trustees'|annual report|(incorporating|the director's report)||Ito5|
|Independent
auditor's||report to the members|||6to8|
|Statement|offinancial|activities (including||income and expenditure||
|account)||||||
|Statement|offinancial|position|||10|
|Statement|ofcash flows|||||
|Notes to|the financial|statements|||12to 18|
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|harity ha|s the fol|lowing
non-char|itable
operating
s|ubsidiaries:||
|---|---|---|---|---|---|
||||Company|Registration|Percentage|
||||Number||Shareholding|
|Ablepine|Limited|||03348395|100%|
|Apexrule|Limited|||02731713|100%|
|Gillis Properties||Limited||04785100|100%|
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||YEAR ENDED|30SEPTE|MBER2020|MBER2020||
|---|---|---|---|---|---|
||||2020||2019|
||||Unrestricted|||
||||funds|Total funds|Total funds|
|||Note||||
|Income and endowments||||||
|Donations
and legacies||5|315,000|315,000|901,000|
|Investment
income||6|1,522|1,522|1,840|
|Total income|||316,522|316,522|902,840|
|Expenditure||||||
|Expenditure
on charitable|activities|7&8|(423,171)|(423,171)|(362,530)|
|Total expenditure|||(423,171)|(423&171)|(362,530)|
|Net gains on investments||11|3,267|3,267|92,380|
|Net (expenditure)/income|and net movement|in funds|(103,382)|(103482)|632,690|
|Reconciliation
offunds||||||
|Total funds brought
forward|||6,366,319|6,366,319|5,733,629|
|Total funds carried forward|||6,262,937|6,262,937|6,366,319|
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||||30SEP|TEMBER20|20|||
|---|---|---|---|---|---|---|---|
|||||2020||2019||
||||Nate|||||
|Fixed assets||||||||
|Investments|||14||5,288,638||5,285,371|
|Current
assets||||||||
|Debtors|||15|16,000||16,000||
|Cash at bank|and in hand|||981,149||1,087,798||
|||||997,149||1,103,798||
|Creditors: amounts||falling due||||||
|within one year|||16|(22,850)||(22,850)||
|Net current|assets||||974,299||1,080,948|
|Total assets|less current liabilities||||6,262,937||6,366,319|
|Funds ofthe|charity|||||||
|Unrestricted|funds||||6,262,937||6,366,319|
|Total charity|funds||17||6,262,937||6,366,319|
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||||||2020|2019|
|---|---|---|---|---|---|---|
|Cash flows from operating||activities|||||
|Net (expenditure)/income|||||(103,382)|632,690|
|Adjustments for:|||||||
|Net gains on investments|||||(3,267)|(92,380)|
|Other interest receivable|and similar income||||(1,522)|(I,840)|
|Interest payable
and similar||charges||||8|
|Changes in:|||||||
|Trade and other debtors||||||18,000|
|Trade and other creditors||||||20,090|
|Cash generated
from operations|||||(108,171)|576,568|
|Interest paid||||||(8)|
|Interest received|||||1,522|1,840|
|Net cash (used in)/from|operating||activities||(106,649)|578,400|
|Net (decrease)/increase|in|cash|and cash|equivalents|(106,649)|578,400|
|Cash and cash equivalents||at beginning||ofyear|1,087,798|509,398|
|Cash and cash equivalents||at end ofyear|||981,149|1,087,798|
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|DONATIO|NS
AND LEGAC|IES||||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2020|Funds|2019|
|Donations||||||
|Donations|received|315,000|315,000|901,000|901,000|
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||||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|---|---|---|---|---|---|---|---|---|
||||Funds||2020|Funds||2019|
|Bank|interest|receivable|1,522||1&522|1,840||1,840|
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|EXPEND|ITURE ON CHA|RITABLE ACTIVITIE|S BYFUND T|YPE||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2020|Funds|2019|
|Donations|paid|420,120|420,120|359,290|359,290|
|Support costs||3,051|3,051|3,240|3,240|
|||423,171|423,171|362,530|362,530|
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|EXPENDI|TURE ON CHARITABLE|ACTIVITIE|S BYACTIVI|TY TYPE||
|---|---|---|---|---|---|
|||Grant||||
|||funding of||Total funds|Total fund|
|||activities|Support costs|2020|2019|
||||||f,|
|Donations|paid|420,120||420,120|359,290|
|Governance|costs||3,051|3,051|3,240|
|||420,120|3,051|423,171|362,530|
|ANALYSIS OF SUPPORT COSTS||||||
|||||Total 2020|Total 2019|
|Governance|costs|||3,051|3,240|
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|11.|NET GAINS ON IN|VESTMENTS|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2020|Funds|2019|
||Gains on investments|in group|||||
||undertakings||3,267|3,267|92,380|92,380|
|12.|AUDITORS REMUNERATION||||||
||||||2020|2019|
|||||||f,|
||Fees payable for the|audit ofthe financial|statements||2,850|2,850|
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|YEAR ENDED 30SE
INVESTMENTS|PTEMBER2020|||
|---|---|---|---|
||Shares in|||
||group|Other||
||undertakings|investments|Total|
|Fair value||||
|At 1 October 2019|5,192,682|92,689|5,285,371|
|Additions||||
|Fair value movements|3,279|(12)|3,267|
|At 30September 2020|5,195,961|92,677|5,288,638|
|Impairment||||
|At I October 2019and 30September 2020||||
|Carrying
amount||||
|At 30September 2020|5,195,961|92,677|5,288,638|
|At 30 September 2019|5,192,682|92,689|5,285,371|
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||Aggregate
capita|l and reserves|||
|---|---|---|---|---|
||||2020|2019|
||Ablepine
Limited||339,630|340,252|
||Apexrule
Limited||4,469,594|4,480,657|
||Gillis Properties|Limited|386,837|371,873|
||Profit/Loss for the year||||
||||2020|2019|
||Ablepine
Limited|(15-month prior period)|(622)|(823)|
||Apexrule
Limited|(18-month prior period)|(11,063)|93,701|
||Gillis Properties|Limited|14,964|(487)|
|15.|DEBTORS||||
||||2020|2019|
||Other debtors||16,000|16,000|
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|CREDITORS|: am|ounts
falling due within|one year||||
|---|---|---|---|---|---|---|
||||||2020|2019|
|Other creditors|||||22,850|22,850|
|ANALYSIS OF CHARITABLE FUNDS|||||||
|Unrestricted|funds||||||
|||At||||At 30|
|||1 October|||Gains and|September|
|||2019|Income|Expenditure|losses|2020|
|General funds||6,366,319|316,522|(423,171)|3,267|6,262,937|
|||At||||At 30|
|||1 October|||Gains and|September|
|||2018|Income|Expenditure|losses|2019|
|General funds||5,733,629|902,840|(362,530)|92,380|6,366,319|
|ANALYSIS OFNET ASSETS BETWEEN FUNDS|||||||
||||||Unrestricted|Total Funds|
||||||Funds|2020|
|Investments|||||5,288,638|5,288,638|
|Current assets|||||997,149|997,149|
|Creditors
less|than|1 year|||(22,850)|(22,850)|
|Net assets|||||6,262,937|6,262,937|
||||||Unrestricted|Total Funds|
||||||Funds|2019|
|Investments|||||5,285,371|5,285,371|
|Current assets|||||1,103,798|1,103,798|
|Creditors
less|than|1 year|||(22,850)|(22,850)|
|Net assets|||||6,366,319|6,366,319|
|ANALYSIS OF CHANGES IN NET DEBT|||||||
|||||At||At|
|||||1 Oct 2019|Cash flows|30Sep 2020|
|Cash at bank and in||hand||1,087,798|(106,649)|981,149|
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