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|||Page|
|---|---|---|
|Business Information|||
|Report ofthe Trustees|||
|Independent
Examiner's|Report||
|Statement ofFinancial Activities|||
|Balance Sheet||10|
|Notes tothe Financial Statements||12|
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|---|---|---|---|
|SECRETARY:||Rachel Dunhill|MAAT, ACA|
|REGISTERED|OFFICE:|StPeg's Mill||
|||Brighouse||
|||West Yorkshire||
|||HD6 4AH||
|BANKERS:||Yorkshire Bank|PLC|
|||94-96Briggate||
|||Leeds||
|||LS16NP||
|INVESTMENT|FUND MANAGERS:|Brewin Dolphin
P0Box512|Securities Limited|
|||National House||
|||36StAnn Street||
|||Manchester,
M602EP||
|INDEPENDENT|EXAMINER:|Daniel Brownhill|FCA, FMAAT|
|||lntegra Advisers|LLP|
|||1 Westleigh
Hall||
|||Wakefield Road||
|||Denby Dale||
|||Huddersfield||
|||HD8 8QJ||
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|CR
113
5:
~Cb:|CR
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~Cb:|CR
113
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~Cb:|1155512
5255363|
|---|---|---|---|
|~Ri|t|5Clll:|RtP 5'
hllll|
||||Brighouse|
||||West Yorkshire|
||||HD6 4AH|
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|||Notes|Unrestricted
Funds|Restricted Funds|Total|Total|
|---|---|---|---|---|---|---|
||||||2021|2020|
|INCOIIIIE:|||||||
|Donations and legacies
Other trading activities
Investments
Other- JRSgrant|||18,781
398
20,450
14,649|21,651|40,432
398
20,450
14,649|19,049
9,783
25,156
13,776|
|TOTAL INCOME|||54,278|21,651|75,929|67,764|
|EXPENDITURE:|||||||
|Cost ofraising funds
Charitable
activities|||46,759
(96,926)|21,651|46,759
(75,275)|63,329
128,268|
|TOTAL EXPENDITURE|||(50,167)|21,651|(28,516)|191,597|
|Net incomel(expenditure)|and||||||
|Net movement
in funds before
gains and losses in investments|||104,445||104,445|(123,833)|
|Net gains on investments|||269,679||269,679|16,833|
|Net incomel(expenditure)
and net
Movement
in funds forthe year|||374,124||374,124|(107,000)|
|Total funds brought forward|||1,234,523|38,129|1,272,652|1,379,652|
|Total funds cerned forward|||1,608,647|38,129|1,646,776|1,272,652|
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||Notes|Unrestricted|Funds|Restricted Funds|Total|Total|
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||f|E|
|FIXEDASSETS|||||||
|Investments|10|1,741,992||35,001|1,776,993|1,547,085|
|CURRENT ASSETS|||||||
|Debtors|11|||||266|
|Cash at bank and in hand|12|||33,113|33,113|19,696|
|Total current assets||||33.113|33,113|19,962|
|CREDITORS Amounts|||||||
|falling due within one year|13|(133,345)||(29,985)|(163,330)|(294,165)|
|NET CURRENT (LIABILITIES)/ASSETS||(133,345)||3,128|(130,217)|(274,203)|
|NET ASSETSLESSCURRENT|||||||
|LIABILITIES||1,608,647||38,129|1,646,776|1,272,882|
|CREDITORS Amounts|||||||
|falling due atter one year|14|||||(230)|
|NETASSETS||1,608,647||38,129|1,646,776|1,272,652|
|The funds ofthe charity:|||||||
|Restricted income funds|16|||38,129|38,129|38,129|
|Unrestricted
income funds|15|1,608,647|||1,608,647|1,234,523|
|||1,608,647||38,129|1,646,776|1,272,652|
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|3.|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||Funds|Funds|Funds|Funds|
||||||2021|2020|
||Dinner dance inoome
Fund raising events||||398|8,795|
||||||396|9,783|
|4.|INVESTMENT||||||
||||Unrestricted|Restricted|Total|Total|
||||Funds|Funds|Funds|Funds|
||||||2021|2020|
||||||f|6|
||Investment
income
Bank interest||20,345||20,345|25,152
4|
||Gift Aid||105||105||
||||20,450||20,450|25,156|
|5.|COSTSOF GENERATING||||||
||VOLUNTARY INCOME||||||
||||Unrestricted|Restricted|Total|Total|
||||Funds|Funds|Funds|Funds|
||||||2021
6|2020f|
||Dinner dance costs
Advertising
Fundraising
events||5,760
594||5,760
594|6,920
6,160
818|
||Fundraising
consultancy
Website 8 e-mail costs||200||200|10,454
300|
||Rent
Staffcosts
Travel costs||2,795
23,444
186||2,795
23,444
186|2,795
23,986
384|
||Newsletter costs
Postage, printing
and stationery||2,665
32||2,665
32|1,590
88|
||Telephone||513||513|355|
||Investment
management
Sundry|fees (note 6)|10,354||10,354|9,124
139|
||Just giving fees||216||216|216|
||||46,759||46,759|63,329|
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
||||||2021|2020|
||||||f||
|Brewin|Dolphin|fees|10,354||10,354|9,124|
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|
|||||2021|2020|
|||||f|8|
|Staffcosts||23,444||23,444|23,986|
|Stationery,
Rent|printing and postage|32
2,795||32
2,795|2,795|
|Grants||(136,739)|21,651|(115,088)|88,481|
|Governance|costs (note 9)|13,542||13,542|12,918|
|||(96,926)|21,651|(75275)|128268|
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|||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|Funds|Funds|
|||||||||2021|2020|
|||||||||5|5|
|Dr|Daga- CPEXequipment|||||38,745|21,651|60,396|77,020|
|Dr|Kassianides||||||||5,525|
|Dr|Lewington||||||||9,731|
|Dr|Fitzpatrick||||||||(30)|
|Dr|Hewitt||||||||(3,362)|
|Dr|Baker||||||||(403)|
|Dr|Wurdak —release unused||grant|||(31,819)||(31,819)||
|Dr|Mooney- release unused||grant|||(20,000)||(20,000)||
|Dr|Homigold —release unused||grant|||(77,240)||(77,240)||
|Dr|Mooney/Bekker|—release unused|||grant|(16,445)||(16,445)||
|Dr|Winterbottom|—release unused||grant||(29,980)||(29,980)||
|||||||(136,739)|21,651|(115,088)|88,481|
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|
|||||2021|2020|
||||f|5|6|
|Staff costs||7,633||7,633|7,809|
|Postage, stationery and printing||10||10|30|
|Insuranoe||266||266|270|
|Rent||910||910|910|
|Computer costs||45||45|70|
|Independent|examination|2,880||2,880|3,540|
|Payroll costs||1,170||1,170|248|
|Credit card charges||28||28|28|
|Legal fees||600||600||
|Filing fee|||||13|
|||13,542||13,542|12,918|
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|||||30September 2|021||||
|---|---|---|---|---|---|---|---|---|
|10.|INVESTMENTS||||||||
||Quoted investments|||||2021||2020|
||||||||8||
||Market value at 1October 2020|||||1,498,064||1,509,593|
||Less: Disposals at opening|||book cost||(359,340)||(397,174)|
||Add:
Acquisitions|at cost||||377,188||363,152|
||Net gain on|revaluation||at 30September 2021||213,697||22,493|
||Market value at 30September 2021|||||1,729,609||1,498,064|
||Cash held in investment||portfolio|||47,384||49,021|
||Total investments|at|30September 2021|||1,776,993||1,547,085|
||Historical cost at 30September 2021|||||1,332,234||1,289,007|
||Investments
are analysed|||as follows:|||||
||||||2021|||2020|
|||||Market||%ofTotal|Market|okcfTotal|
|||||value|||value||
|||||8|||5||
||Absolute Return|||76,680||4.32ok|100,772|6.51%|
||Asia Pacific Equities|||95,761||5.39%|79,575|5 14%o|
||Emerging
Markets|Equities||28,440||160%|18,987|1 23%|
||UK Equities|||372,169||2094%|390,449|25.24%|
||European
Equities|||85,650||4.82%|51,103|3.30%o|
||Global investments|||126,144||7.10%|93,101|6.02'yo|
||Japanese Equities|||65,178||367%|41,806|270%|
||Property|||32,003||180%|25,122|1.62%|
||UK Bonds|||128,582||724%|190,574|12.32%|
||N American
Equities|||395,971||22.28%|334,768|21.64%o|
||Commodities|||37,455||2.11%|||
||Overseas Bonds|||85,910||4.83%|||
||COIF|||199,666||11.24%|171,807|11.11%|
||Cash|||47,384||2 66ok|49,021|3.17%|
||SUBTOTAL|||1,776,993||100.00%|1,547,085|1PPPP%|
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|11.|DEBTORS|||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||E||
||Prepayments|and accrued income||||
|12.|CASH AT BANK|||||
|||||2021f|2020
E|
||Current Accounts|||32,203|18,807|
||Deposit Accounts|||883|883|
||Petty cash|||27|6|
|||||33,113|19,696|
|13.|CREDITORS|—Amounts|falling due within one year|||
|||||2021|2020|
|||||E|5|
||Trade creditors|||22,585|7,220|
||Other creditors|||19,827|19,594|
||Grants oommitted|||112,609|259,050|
||Other taxation|and social|security|2,425|2.650|
||Accruals and deferred income|||5,884|5,650|
|||||163,330|294,164|
|14.|CREDITORS-Amounts||falling due alter more than one year|||
|||||2021|2020|
|||||5|E|
||Grants comm@ed|||||
||||||230|
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|||Balance|Income|Expenditure|Gain/(loss)|Balance|
|---|---|---|---|---|---|---|
|||01/10/20|||on revaluation|30/09/21|
||||||E|6|
|Unrestricted|funds|1,234,523|54,278|50,167|269,679|1,608,647|
|||1,234,523|54,278|50,167|269,679|1,608,647|
|||Balance|Income|Expenditure|Gain/(loss)|Balance|
|||01/10/19|||on revaluation|30/09/20|
|||5|F|f|||
|Unrestricted|funds|1,341,553|67,764|(191,627)|16,833|1,234,523|
|||1 341 553|A7 764|/191 R27I|1A633|1.234.523|
|The income indudes
restricted|funds as reported
in the|Statement o|fFinancial Activiti|es as follows:|
|---|---|---|---|---|
||Balance at|Income|Expenditure|Balance at|
||01/10/20|||30/09/21|
||6|||E|
|Icebirg Project|29,111|||29,111|
|Legacy- Mary Strang|9,018|||9,018|
|CPEX||21,651|(21,651)||
||38,129|21,651|(21,651)|38,129|
||Balance at|Income|Expenditure|Balance at|
||01/10/19|||30/09/20|
|Icebirg Project|29,081||30|29,111|
|Legacy —Mary Strang|9,018|||9,018|
||38,099||30|38,129|
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|17.|ALLOCATION OFSUP|PORT COS|TS AND OVERHE|ADS|||
|---|---|---|---|---|---|---|
|||Total||Costs of|Charitable|Basis of|
|||Allocated|Governance|raising funds|activities|Apportionment|
||Cost type|f|E||||
||Staff costs|54,521|7,633|23,444|23,444|14'43'43%|
||Rent|6,500|910|2,795|2,795|14'43'43%|
||Postage and stationery|74|10|32|32|14:43:43%|
|||61,095|8,553|26,271|26,271||
|18|ANALYSIS OF NET ASSETSBHWEEN FUNDS||||||
||||Unrestricted|Restricted|2021|2020|
||||Funds|Funds|Total|Total|
||||8|6|F.|8|
||Fixed asset investments||1,741,992|35,001|1,776,993|1,547,085|
||Current assets|||33,113|33,113|19,962|
||Current
liabilities||(133,345)|(29,985)|(163,330)|(294,165)|
||Long term liabilities|||||(230)|
||Net assets as at 30September 2021 1,606,647|||38,129|1,646,776|1,272,652|
||||Unrestricted|Restricted|2020|2019|
||||Funds|Funds|Total|Total|
||||8|8|||
||Fixed asset investments||1,500,318|46,767|1,547,085|1,539,266|
||Current assets||266|19,696|19,962|81,769|
||Current
liabilities||(265,831)|(28,334)|(294,165)|(241,383)|
||Long term liabilities||(230)||(230)||
||Net assets as at 30September 2020 1,234,523|||38,129|1,272,652|1,379,652|
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