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2020-07-31-accounts

				Notes		Unrestricted	Restricted	Expendable	Total Funds	Total Funds
						funds	funds	endowment	2020	2019
								fund
Income
Donations						14,900	60,074		74,974	48,694
Gilt aid						7,694			7,694	3,600
Cownants						13,361	120		13,481	13,168
Bequests						10,320			10,320	500
Inwstmant income						7,250	44,450		51,700	60,998
Tax refunds									0	3,262
Bank interest						922	523		1,445	1,711
Total income							105,167		159,614	131,933
Expenditure
Management & administration						2,480	1,500		3,980	7,558
Ewnts							671		671	684
Grants, bursaries		& prizes				17,076	124,701		141,777	162,708
Total expenditure						19,556	126,872		146,428	170,950
Realised gains/(losses)			on investments			1,072			1,072	(56,994)
Unrealised gains/(losses)			on inwstments		3	(13,859)	(46,161)	(38,809)	(98,829)	60,514
Net income/(expenditure)						22,104	(67,866)	(38,809)	(84,571)	(35,497)
Transfers between		funds
Net movement	in funds					22,104	(67,866)	(38,809)	(84,571)	(35,497)
Funds brought	forward					384,087	842,722	617,654	1,844,463	1,879,960
Funds carried	forward					406,191	774,856	578,845	1,759,892	1,844,463

					2020	2019
				Notes	6	6
Investments					1,441,967	1,540,796
Current Assets
Debtors					21,626
Cash at bank					297,719	308,859
					319,345	308,859
Creditors: Amounts		falling due within	1year	5	(1,420)	(5,192)
Net current	assets				317,925	303,667
Total assets	less current liabilities				1,759,892	1,844,463
Net assets					1,759,892	1,844,463
Accumulated	funds
Expendable	Endowment				578,845	617,654
Restricted Funds					774,856	842,722
Unrestricted	Funds				406,191	384,087
				7	1,759,892	1,844,463

3 Investments
					2020	2019
						5
Market value at 1 August		2019			1,540,796	1,537,276
Additions at cost					325,674	1,310,972
Disposals at proceeds					(361,685)	(1,324,113)
Net realised losses upon transfer						(46,565)
Net unrealised investment		increase/(decrease)			(98,829)	50,085
Increase in cash held	by investment			manager	36,011	13,141
Market value at 31July 2020					1,441,967	1,540,796
Cost at 31 July 2020					1,414,739	1,486,983
Investments comprise:					6	f
Fixed Interest and Index-linked			Bonds		211,190	236,210
Private Equity/Property	Funds				222,062	264,127
UK Equities					349,519	486,801
Global Equities					573,878	540,517
Other holdings ofless	than	I 0'/o	and	cash	85,318	13,141
					1,441,967	1,540,796

4	Debtors	Debtors		2020	2019
				E	E
Debtors		& Prepayments		21,626
				21,626
5	Creditors: Amounts		falling due within one year
				2020	2019
				5	E
Creditors		/ Accruals		1,420	5,192
				1,420	5,192

						Brought	income	Expenditure	Realised	Unrealised	Carried
						forward			gains/(losses)	gains/(losses)	forward
									ort	OII
									investments	investments
Current year						E	E	E
Wrekin ASA		Scholarship		Bursary	& Prize Fund	39,691	20,542	(24,450)			35,783
Foundation	Bursary		& Prize Fund			799,407	64,551	(78,724)		(46,161)	739,073
Business	School Fund					3,624	20,074	(23,698)			0
						842,722	105,167	(126,872)		(46,161)	774,856
Comparative		year
Wrekin ASA		Scholarship		Bursary	& Prize Fund	40,088	27,903	(28,300)			39,691
Foundation	Bursary		& Prize Fund			815,825	54,130	(71,184)	(24,499)	25,135	799,407
Business	School Fund					8,538	15,086	(20,000)			3,624
						864,451	97,119	(119,484)	(24,499)	25,135	842,722

				Restricted	Unrestricted	Total
			Endowment	Income		2020
Investments			570,245	668,078	203,645	1,441,967
Debtors	and Prepayments				21,626	21,626
Cash at	Bank		8,600	106,778	182,340	297,718
Creditors	due within	1 year			(1,420)	(1,420)
			578,845	774,856	406, 191	1,759,891
Creditors	due aRer 1 year
			578,845	774,856	406,191	1,759,891
				Restricted	Unrestdicted	Tots I
			Endowment	Income		2019
Investments			609,328	713,866	217,602	1,540,796
Debtors	and Prepayments
Cash at	Bank		8,326	128,856	171,677	308,859
Creditors	due within	1 year			(5,192)	(5,192)
			617,654	842,722	384,087	1,844,463
Creditors	due aRer 1 year
			617,654	842,722	384,087	1,844,463

9Comparative		Sta	teme	nt of Financial A	ctivities
					Unrestricted	Restricted	Expendable	Total Funds	Total Funds
					funds	funds	endowment	2019	2018
							fund
						f	f	f	f
Income
Donations					6,040	42,654		48,694	42,829
Esents									2,898
Gill aid					3,600			3,600	27,505
Covenants					13,048	120		13,168	13,358
Bequests					500			500	16,585
Investment income					7,345	53,653		60,998	57,282
Tax refunds					3,262			3,262	8,109
Bank interest					1,019	692		1,711	1,169
Totalincome					34,814	97,119		131,933	169,735
Expenditure
Management	8	administration			6,058	1,500		7,558	27,961
Esents						684		684	3,392
Grants, bursaries		8 prizes			45,408	117,300		162,708	192,580
Total expenditure					51,466	119,484		170,950	223,933
Realised gains/(losses)				on investments	1,208	(24,499)	(23,274)	(46,565)	20,661
Unrealised gains/(losses)				on investments	7,546	25,135	17,404	50,085
Net income/(expenditure)					(7,898)	(21,729)	(5,870)	(35,497)	(33,537)
Transfers between			funds			40,088	(40,088)
Net movement		in	funds		(7,898)	18,359	(45,958)	(35,497)	(33,537)
Funds brought	forward				391,985	824,363	663,612	1,879,960	1,913,497
Funds canied	forward				384,087	842,722	617,654	1,844,463	1,879,960