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|Trustees|||Deborah Jane|Cox||
|---|---|---|---|---|---|
||||lan Henry
Ross|||
||||Kenneth
George Armis|||
|Charity number|||1101771|||
|Principal|address||Onslow House|||
||||Onslow Street|||
||||Guildford|||
||||Surrey|||
||||GU1 4TL|||
|Accountants|||Smith
Et Williamson||LLP|
||||Accountants|||
||||Onslow House|||
||||Onslow Street|||
||||Guildford|||
||||Surrey|||
||||GU1 4TL|||
|Independent||examiner|Jeffrey Selden|FCA||
||||Smith
Et Williamson||LLP|
||||Accountants|||
||||Onslow
House|||
||||Onslow Street|||
||||Guildford|||
||||Surrey|||
||||GU1 4TL|||
|Bankers|||HSBC|||
||||8 Canada Square|||
||||London|||
||||E14 5HQ|||
|Investment||advisors|Charles Stanley|BCo. Limited||
||||55 Bishopgate|||
||||London|||
||||EC2N 3AS|||
||||Quilter Cheviot|Limited||
||||Senator House|||
||||85 Queen Victoria Street|||
||||London|||
||||EC4V 4AB|||
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||||Page|
|---|---|---|---|
|Trustees'
report|||1-4|
|Independent|examiner's|report||
|Statement
of|financial|activities||
|Balance sheet||||
|Notes to the accounts|||8-14|
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||||Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|2021|2020|
|||Notes|E|E|E|E|
|Income|||||||
|Income from raising funds:|||||||
|Investment
income|||47,560||47,560|60,895|
|Total income|||47,560||47,560|60,895|
|Expenditure|||||||
|Costs of raising funds:|||||||
|Investment
management|fees|||30,751|30,751|36,776|
|Expenditure
on charitable|activities||177,592||177,592|168,896|
|Total expenditure|||177,592|30,751|208,343|205,672|
|Transfers
between
funds|||350,000|(350,000)|||
|Net income/(expenditure)|before gains on||||||
|investments|||219,968|(380,751)|(160,783)|(144,777)|
|Net gains on investments||||89,636|89,636|211,977|
|Net movement
in funds|||219,968|(291,115)|(71,147)|67,200|
|Total funds brought
forward|||(200,223)|2,657,146|2,456,923|2,389,723|
|Total funds carried forward|||19,745|2,366,031|2,385,776|2,456,923|
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||||||||||2021||2020|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Notes||E||E|
|Fixed assets||||||||||||
|Investments|||||||||2,306,155||2,327,838|
|Current
assets||||||||||||
|Cash at bank||and in|hand|||||219,895||179,085||
|Liabilities||||||||||||
|Creditors:|amounts||falling||due|within|9|||||
|one year||||||||(60,274)||(50,000)||
|Net current||assets|||||||159,621||129,085|
|Creditors:|amounts||falling||due|after|10|||||
|more than one year||||||||(80,000)||||
|Net assets|||||||||2,385,776||2,456,923|
|Other funds||||||||||||
|Unrestricted||income|funds||||||19,745||(200,223)|
|Expendable|endowment|||funds|||||2,366,031||2,657,146|
|Total charity||funds|||||||2,385,776||2,456,923|
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|||2021|2020|
|---|---|---|---|
|||E|E|
|Dividends||47,498|60,664|
|Bank interest|receivable|62|231|
|||47,560|60,895|
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|3|Total expenditure|Total expenditure|Total expenditure|||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||||E|E|
||Costs of raising||funds:|||||
||Investment|management||fees||30,751|36,776|
|||||||30,751|36,776|
||Expenditure|on|charitable||activities:|||
||Grants payable||(note 4)|||170,486|162,315|
|||||||170,486|162,315|
||Support costs:|||||||
||Governance|costs (note||5)||7,000|6,450|
||Bank charges|||||106|69|
||Trustees' fees||||||62|
|||||||7,106|6,581|
|||||||208,343|205,672|
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|||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||E|E|
||Angels international|||||||||19,486|118,823|
||Springboard|||||||||120,000||
||Strongbones|Children's||Charitable||Trust|||||22,294|
||Tatirano Social Enterprise,||||Madagascar|||||21,000|21,198|
||Blind Veterans
UK|||||||||10,000||
|||||||||||170,486|162,315|
||Reconciliation
of||grants payable|||||||||
||Commitments|charged||to the statement|||offinancial||activities|170,486|162,315|
||Grants paid|during|the|year||||||(76,986)|(227,315)|
||Commitments|at 1|February||2021|||||40,000|105,000|
||Commitments|at 31 January|||2021|||||133,500|40,000|
||Commitments|at 31 January|||2021|are payable||as follows:||||
||Grants due within||one|year||||||53,500|40,000|
||Grants due after more|||than|one year|||||80,000||
|||||||||||133,500|40,000|
|5|Governance|costs||||||||||
|||||||||||2021|2020|
|||||||||||E|E|
||Independent|examiner's||fees||||||2,400|2,400|
||Accountancy|fees||||||||4,600|4,050|
|||||||||||7,000|6,450|
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|8|Fixed asset investments||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||E|E|
||Balance brought
forward|at cost at||1 February 2020|||2,327,838|2,236,080|
||Acquisitions
at cost||||||369,603|349,733|
||Disposals at opening
value||||||(411,257)|(442,296)|
||Change
in value in the year||||||19,971|184,321|
||Market value at 31 December||2021||||2,306,155|2,327,838|
||Proceeds from sales of|investments|||||480,922|469,952|
||Disposals at opening value||||||(411,257)|(442,296)|
||||||||69,665|27,656|
||All investments
are held|to provide||an investment|return.||||
||No single investment
exceeded||5%of the total investment|||value (2020: nil)|||
||Analysis of investments|by category of holding|||||||
||Fixed interest||||||364,639|399,706|
||Equities||||||1,349,842|1,529,378|
||Alternative
investments||||||591,673|398,754|
||||||||2,306,155|2,327,838|
||Analysis ofinvestments|by location|||||||
||Investments
held in the|UK|||||1,235,019|1,358,456|
||investments
held outside|the UK|||||1,071,136|969,382|
||||||||2,306, 155|2,327,838|
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||||2021|2020|
|---|---|---|---|---|
||||E|E|
||Accruals||6,774|10,000|
||Grants payable (see|note 4)|53,500|40,000|
||||60,274|50,000|
|10|Creditors: amounts|falling due after more than one year|||
||||2021|2020|
||||E|E|
||Grants payable (see|note 4)|80,000||
||||80,000||
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|11 Fund analysis|11 Fund analysis||||||||
|---|---|---|---|---|---|---|---|---|
||||||||Net||
|||||||Fixed|current|Fund|
|||||||assets|assets|balance|
|||||||E|E|E|
|Expendable|endowment|funds||||2,306,155|59,876|2,366,031|
|Unrestricted|income funds||||||19,745|19,745|
|||||||2,306,155|79,621|2,385,776|
||||||||Transfer|Balance|
|||Balance at||||Gains on|between|at 31|
|||1 February|Income|Expenditure|investments||funds|January|
|||2020||||||2021|
|||E||||||E|
|Expendable|endowment||||||||
|funds||2,657,146||(30,751)||89,636|(350,000)|2,366,031|
|Unrestricted|income||||||||
|funds||(200,223)|47,560|(177,592)|||350,000|19,745|
|Total funds||2,456,923|47,560|(208,343)||89,636||2,385,776|
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