| 2021 | 2020 | ||
|---|---|---|---|
| Income 8r, Endowments |
from: | ||
| Investments | 69635 | 78392 | |
| Expenditure on: |
|||
| Investment management |
11,760 | 11,229 | |
| Charitable activities |
116023 | 77049 | |
| Total expenditure: | 127783 | ~88278 | |
| Net gains (losses) on investments | 187299 | ~57229 | |
| Net income (expendittue) | for the year | 129 151 | ~67 115 |
| Reconciliation offunds: | |||
| Total funds brought forward | 2 265 700 | 2332815 | |
| Total funds carried forward | ~24 851 | ~22 '3)~ |
| Note | 2021 | 2020 | |||
|---|---|---|---|---|---|
| Fixed Assets | |||||
| Investments | held as fixed assets | 2 369916 | 2 246 176 | ||
| Current assets |
|||||
| Debtors | 511 | 301 | |||
| Cash at bank | and in hand | 37364 | 22 834 | ||
| Total current assets | 37875 | 23 135 | |||
| Creditors: amounts | falling due within one year | 2 940 | 3 610 | ||
| Net current | assets | 34935 | 19525 | ||
| The total net assets | ~24 851 | ~22 ~0 | |||
| Unrestricted | revenue | funds | ~24 851 | ~22 ~0 |
| 2021 | 2020 | ||
|---|---|---|---|
| Cash flows from operating services |
|||
| Net cash used in operating activities |
~128 152 | ~87608 | |
| Cash flows from investing activities |
|||
| Dividends received |
69,124 | 78,802 | |
| Proceeds from sales ofinvestments | 264,919 | 610,913 | |
| Purchase ofinvestments | ~191361 | ~662 152 | |
| Net cash provided by investing activities |
142682 | 27 563 | |
| Cash flows from financing activities |
|||
| Net cash provided by financing activities |
|||
| Overall cash (used) in / generated by all |
activities | 14530 | ~60 045 |
| Cash movements | |||
| Change in cash and cash equivalents from |
activities in | 14,530 | (60,045) |
| the year ended 31December 2021 | |||
| Cash and cash equivalents at 1 January 2021 |
22 834 | 82 879 | |
| Cash at bank and in hand less overdrafts | at 31 | ||
| December |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Realised gains/(losses) | |||||||
| Listed investments | 9359 | ~42 776 | |||||
| Total realised gains/(losses) | 9359 | ~42 776 | |||||
| Unrealised gains/(losses) and |
writing | down of | carrying values | ||||
| Listed investments —Unrealised |
187,810 | (4,582) | |||||
| Other unlisted investments -Unrealised |
~9870 | ~9871 | |||||
| Total unrealised gains/(losses) |
etc | 177940 | ~14 453 | ||||
| Total realised and unrealised | gains | ||||||
| 5Staff costs and emoluments | |||||||
| Salary costs | 2021 | 2020 | |||||
| Trustee's remuneration note 6 |
12000 | 7 500 | |||||
| Total salaries, wages, and related costs | |||||||
| Trustees provided consultancy |
services | to the charity in the year | |||||
| under review | |||||||
| The average number ofpart-time | staff | employed | in the year was | ||||
| The average number offull-time | staff employed | in the year was | |||||
| The estimated full-time equivalent |
number ofall | staff employed | in | ||||
| the year was |
| 2021 | 2020 | ||
|---|---|---|---|
| Remuneration | payable to Trustees or connected persons | ||
| Mrs D Holmes | 12000 | 7 500 | |
| Total remuneration | ~12 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| The amount | reimbursed | to Trustees | 155 | 79 |
| The number | ofTrustees | to whom expenses were | ||
| reimbursed | was two. |
| Listed | Other | Total | |||
|---|---|---|---|---|---|
| Investments | Classes of | ||||
| Investment | |||||
| Carrying values ofinvestments |
|||||
| At 1 January 2021 | 2,236,305 | 9,870 | 2,246,175 | ||
| Additions | 191,361 | 191,361 | |||
| Revaluation at 31December 2021 |
187,810 | (9,870) | 177,940 | ||
| Disposals | ~255 560 | ~255 560 | |||
| At 31December 2021 | ~2359~1 | ~2~~1 | |||
| Analysis between fair |
value and historical cost | ||||
| Investments as above held at fair value |
2 359916 | 2 359916 | |||
| Analysis ofother classes ofinvestment | |||||
| Included at | Total | ||||
| fair value | |||||
| Summary ofother classes ofinvestments |
at 31 | ||||
| December 2021 | |||||
| Other investments | |||||
| 9Creditors: amounts | falling due within | one year | |||
| 2021 | 2020 | ||||
| Other creditors | 670 | ||||
| Accruals | 2 940 | 2940 | |||
| As at 31December 2021 | 2 994} | ~1 |
| 10Income a | nd expenditure account summary |
||
|---|---|---|---|
| 2021 | 2020 | ||
| f. | |||
| At 1 January | 2021 | 2 265 700 | 2 332815 |
| Surplus/(loss) | for the year | ||
| Surplus/(loss) | for the year | 129 151 | {667115 |
| At 31December 2021 |
| Current year | Prior | |||
|---|---|---|---|---|
| Total Funds | year | |||
| Total | ||||
| Funds | ||||
| Dividend | income | 69635 | 78392 | |
| Total investment | income | ~69635 | ~78392 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Grants | made | to organisations | 100000 | 66000 |
| Total | grant | making costs | AIMO9 |
| Organisation | ||
|---|---|---|
| 2021 | 2020 | |
| Autistica | 5,000 | |
| Action Radiotherapy | 5,000 | |
| Afghanistan and Central Asian Association |
5,000 | |
| All Dogs Matter | 5,000 | |
| Bag Books | 5,000 | |
| Calibre Audio Library | 5,000 | |
| Changing Faces |
2,000 | |
| Chilhood Eye Cancer Trust | 5,000 | |
| ClearVision Project | 2,000 | |
| Children's BookProject |
4,000 | |
| Coaching Inside k, Out (CIAO) Crohns 4 Colitis UK |
2,000 2,000 |
|
| Cystic Fibrosis Trust | 5,000 | 4,000 |
| Disability Africa | 5,000 | 5,000 |
| Dogs for Good | 2,000 | |
| H.E.A.T.Foundation | 5,000 | 4,000 |
| InterAct Stroke Support | 5,000 | |
| Kidney Research UK | 5,000 | |
| Listening Books | 3,000 | 5,000 |
| Microloan Foundation | 3,000 | 5,000 |
| Motor Neurone Disease Association |
5,000 | |
| ShiA MS | 5,000 | |
| Small Acorns (The National Brain Appeal) | 3,000 | |
| Street Vet | 5,000 | |
| Target Ovarian Cancer | 5,000 | |
| The Back-Up Trust | 2,000 | |
| The David Nott Foundation | 5,000 | |
| The Separated Child Foundation | 4,000 | |
| Tolnnly s |
5,000 | |
| Trees for Cities | 5,000 | |
| Tools for Self-Reliance | 4,000 | |
| Vohmteering Matters |
5,000 | 5,000 |
| Versus Arthritis | 5,000 | |
| Total | 19LOOII |
| 2021 | 2020 | ||
|---|---|---|---|
| Independent Examiner's |
Fees | 2,940 | 2,940 |
| Trustees remuneration | 12,928 | 8,030 | |
| Trustees expenses | 155 | 79 | |
| Total governance costs |
|||
| 14Total charitable expenditure |
|||
| 2021 | 2020 | ||
| Total grant making costs | 100,000 | 66,000 | |
| Total governance costs |
16023 | 11049 | |
| Total charitable expenditure |
~11 ~2 | ~4 | |
| 15Expenditure on raising funds and costs of |
|||
| investment management |
|||
| 2021 | 2020 | ||
| Investment management |
costs | 11760 | 11229 |
| Total fundraising costs |
~11 | ~1122 |