2021-04-05-accounts

				Page
Reference and administrative	details ofthe Charity,		its Trustees and advisers
Trustees' report				2-5
Independent examiner's report
Statement offinancial activities
Balance sheet
Notes tothe financial statements				9-18
The following pages do not form	pari ofthe statutory	financial statements:
Summary ofgrants paid				19
Investment schedules				20

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS	REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS	REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS	REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS	REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
		FOR THE YEAR ENDED		5APRIL 2021
Trustees		AA EGlenton
		G W Straker
		L A Caisley
		DT Irvin (deceased	13May 2020)
		WJDryden
Charity registered
number		1101988
Principal office		Ryecroft Glenton
		32 Portland Terrace
		Newcastle upon Tyne
		NE2 1QP
Independent	examiner	Reah and McBride
		Suite 2B
		North Sands Business Centre
		Liberty Way
		Sunderland
		SR6 OQA
Bankers		Barclays Bank pic
		Percy Street
		Newcastle upon Tyne
		NE14QL
Accountancy	and	Ryecrofl Gienton
Secretarial Services		32 Portland Terrace
		Newcastle upon Tyne
		NE2 1QP
investment	advisors	Portland Financial	Management	Limited
		29 Portland Terrace
		Newcastle upon Tyne
		NE2 1QS
Investment	management	Quilter Cheviot
services		5St Paul's Square
		Liverpool
		L39SJ

				Endowment	Unrestricted	Total	Tote/
				funds	funds	funds	funds
			Note	2021 6	2021 6	2021 6	2020f
Income and endowments Investments		from:			56,886	56,886	74,688
					56,886	SS.SSS	74,588
Total income and	endowments
Expenditure on: Raising funds Charitable activities			4 5	39,526	63,390	39,526 63,390	39,753 90,329
				39,526	63,390	102,916	130,082
Total expenditure
Net expenditure before net gains/(losses) on investments				(39,526)	(6,504)	(46,030)	(55,394)
Net gains/(losses)	on investments		g	484,558		484,558	(327,340)
				445,032	(6,504)	438,528	(382,734)
Net movement in	funds
Reconciliation offunds: Total funds brought forward Net movement in funds				2,999,292 445,032	66,930 (6,504)	3,066,222 438,528	3,448,956 (382,734)
				3,444,324	60,426	3,504,750	3,066,222

			BALANCE SHEET	BALANCE SHEET
			AS AT 5 APRIL 2021
			Note		2021f		2020f
Fixed assets
Investments					3,299,332		2,675,046
					3299332		2,875,046
Current assets
Debtors Cash at bank	and in	hand	10	204,219 33312		186,246 35,944
				237,531		222,190
Creditors: amounts year		falling due within one	11	(32,113)		(31,014j
Net current	assets				205,418		191,178
Total assets	less current liabilities				3,504,750		3,066,222
Total net assets					3,504,750		3,066,222
Charity funds
Endowment Unrestricted	funds funds		12 12		3,444,324 60,428		2,999,292 66,930
Total funds					3,504,750		3,066,222

				Unrestricted	Total
				funds	funds
				2021	2021
				E	6
	Investment	income		38,759	38,759
	Interest received			18,127	18,127
	Total 2021			56,886	56,886
				Unrestricted	Total
				funds	funds
				2020 5	2020f
	Investment	income		45,454	45,454
	Interest received			29,234	29,234
	Total 2020			74,688	74,888
4.	Investment	management	costs
				Endowment	Total
				funds	funds
				2021	2021
				6	6
	Investment	management	fees	39,526	39,526
				Endowment	Total
				funds	funds
				2020f	2020 f.'
	Investment	management	fees	39,753	39,753

					Grant
					funding of	Support	Total
					activities	costs	funds
					2021	2021	2021
					6	6	6
Direct	costs	- Grant	making	activities	39,750	23,640	63,390

					Grant
					funding of	Suppod	Total
					activiti es	costs	funds
					2020	2020f	2020f
Direct	costs	- Grant	making	activities	66,200	22,129	90,329

		Total	Total
		funds	funds
		2021 6	2020f
Accountancy and secretarial services Auditors' remuneration		19,800	19,200 1,320
Other expenses Bank charges Trustees charges and insurance Independent Examiner's remuneration		139 5 2,340 1,356	183 16 1,410
		23,640	22,129

Analysis ofgrants
					2921 Grants
					to	2020 Grants
					institutions f	io institutions f
Relief of illness and promotion of medical research Furtherance ofeducation ofyoung people					10,590 14,599	30,500 20,000
Protection of historic I architecturally			significant	features	8,500	6,000
Relief ofPersons in Need					6,259	11,700
					39,750	68,200

					2021	2020
					8
Fees payable	to the Charity's	independent	examiner	for the independent
examination	ofthe Charity's	annual accounts			1,356
Fees payable	to the Charity's	independent	examiner	in respect of:
Auditor's remuneration						1,320
Accountancy	and secretarial	services - Ryecroft Glenton			19,800	19,200

			2021	2020
			6
Trustees	charges		840	840
Accruals	and deferred	income	31,273	30,174
			32,113	31,014

Statement	offunds -cur	rent year
		Balance at 6			Gainsi	Balance at 5
		April 2020 6	Income	Expenditure 8	(Losses) f	April 2021 6
Unrestricted	funds
General Funds		66,930	56,886	(63,390)		60,426
Endowment	funds
Endowment	Funds	2,999,292		(39,526)	484,558	3„444,324
Total offunds		3,066,222	56,886	(102,916)	484,558	3,504,750

		Ba/ance at			Gaina'	Balance at
		1April 2019f	income	Expenditure	(Losses)	5Apnl 2020f
Unrestricted	funds
General Funds		82,571	74,688	(90,329)		66,930
Endowment	funds
Endowment	Funds	3,366,385		(39,753)	(327,340)	2,999,292
Total offunds		3,448,956	74,688	(130,082)	(327,340)	3,066,222

Analysis of net assets between funds - cur	rent year
	Endowment	Unrestricted	Total
	funds	funds	funds
	2021 5	2021 f	2021
Fixed asset investments	3,299,332		3,299,332
Current assets	144,992	92,539	237,531
Creditors due within one year		(32,113)	(32,113)
Total	3,444,324	60,426	3,504,756

	Endowment	Unrestricted	Total
	funds	funds	funds
	2020	2020	2020
	6	6	6
Fixed asset investments	2,875,046		2,875,046
Current assets	124,246	97,944	222,190
Creditors due within one year		(31,014)	(31,014)
Ttl	2,999,292	86,930	3,066,222