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|---|---|---|
|CONTENTS||PAGE|
|Annual
Report||2-6|
|Auditor's
Report||7-9|
|Statement
of Financial|Activities|10|
|Balance Sheet|||
|Statement ofCash Flows||12|
|Notes to the Accounts||13-19|
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|STATEMENT OF FINANCIAL|STATEMENT OF FINANCIAL||Unrestricted|Expendable|2021|2020|
|---|---|---|---|---|---|---|
|ACTIVITIES|||Income|Endowment|Total|Total|
||||Fund|Fund|||
||||K||||
|INCOME FROM||Note|||||
|Donations|||9,677||9,677|23,571|
|Income from investments||3d|60,376||60,376|53,315|
|Bank interest|||25||25|31|
|Total income|||70,078||70,078|76,917|
|EXPENDITURE ON|||||||
|Raising funds - investment
management
fees||||15,596|15,596|13,952|
|Charitable
activities|||87,247||87,247|107,242|
|Total Expenditure|||87,247|15,596|102,843|121,194|
|Net (expenditure)
before gains
and losses on investments|||(17,169)|(15,596)|(32,765)|(44,277)|
|Net gains on investments||3e||243,053|243,053|126,859|
|Net income
/ (expenditure)
year|for the||(17,169)|227,457|210,288|82,582|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought
forward|||90,044|2,078,599|2,168,643|2,086,061|
|Total funds carried forward|||72,875|2,306,056|2,378,931|2,168,643|
|BALANCE SHEET||Notes|2021|2020|
|---|---|---|---|---|
|||||F|
|Fixed assets|||||
|Investments|||2,327,869|2,099,039|
|Total fixed assets|||2,327,869|2,099,039|
|Current assets|||||
|Debtors|||8,776|10,167|
|Cash at bank and on short term deposit|||48,140|64,875|
||||56,916|75,042|
|Liabilities|||||
|Creditors: amounts|falling due within one year||||
|Accrued charges|||(5,854)|(5,438)|
|Net current assets|||51,062|69,604|
|Total assets|||2,378,931|2,168,643|
|The funds ofthe charity|||||
|Unrestricted
income|fund||72,875|90,044|
|Expendable
endowment||fund|2,306,056|2,078,599|
|Total charity funds|||2,378,931|2,168,643|
|The financial statements||on pages 10to 19were approved|by the trustees on .... ....g..2022 and are||
|signed on their behalf|by:||||
|||||Note|2021|2020|
|---|---|---|---|---|---|---|
|Cash used in operating
activities|||||(91,359)|(47,962)|
|Cash flows from investing|activities||||||
|Investment
income received|||||60,401|53,346|
|Purchase of investments|||||(306,298)|(372,035)|
|Sale proceeds of investments|||||309,087|381,827|
|Cash provided
by investing|activities||||63,190|63,138|
|Change
in cash and cash equivalents||in the|year||(28,169)|15,176|
|Cash and cash equivalents
at the beginning|||ofthe year||83,050|67,874|
|Cash and cash equivalents|at the end of||the year|6|54,881|83,050|
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|2
SOFA Prior Year Comparatives|2
SOFA Prior Year Comparatives||||||
|---|---|---|---|---|---|---|
|STATEMENT OF FINANCIAI|||Unrestricted|Expendable|2020|2019|
|ACTIVITIES|||Income|Endowment|Total|Total|
||||Fund|Fund|||
|INCOME FROM||Note|||||
|Donations|||23,571||23,571|3,033|
|Income from investments||3d|53,315||53,315|49,156|
|Bank interest|||31||31|53|
|Total income|||76,917||76,917|52,242|
|EXPENDITURE ON|||||||
|Raising funds - investment
management
fees||||13,952|13,952|9,485|
|Charitable
activities|||107,242||107,242|100,543|
|Total Expenditure|||107,242|13,952|121,194|110,028|
|Net (expenditure)
before gains
and losses on investments|||(30,325)|(13,952)|(44,277)|(57,786)|
|Net gains on investments||3e||126,859|126,859|259,521|
|Net income
/ (expenditure)
year|for the||(30,325)|112,907|82,582|201,735|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought
forward|||120,369|1,965,692|2,086,061|1,884,326|
|Total funds carried forward|||90,044|2,078,599|2,168,643|2,086,061|
||Investments|||||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||||K|K|
|(a)|Movement
in year at market||value|||||
||Listed Investments|||||||
||Market value at|1 January 2021||||2,080,864|1,963,797|
||Acquisitions
at cost|||||306,298|372,035|
||Disposals at book value|||||(289,748)|(377,594)|
||Net gain
/ (loss)|on revaluation||||223,714|122,626|
||Market value at|31 December|2021|||2,321,128|2,080,864|
||Investment
cash|||||6,741|18,175|
|||||||2,327,869|2,099,039|
||Historical cost|of listed investments||||1,868,579|1,849,775|
|(b)|Reconciliation|and movement||in unrealised||||
||gains|||||||
||Unrealised
gains at 1 January||2021|||231,089|135,331|
||(Less) in respect ofdisposals||in|the year||(2,254)|(26,868)|
||Add net (loss) /|gains arising|on|revaluations|in the|223,714|122,626|
||year|||||||
||Unrealised
gains at 31 December 2021|||||425,549|231,089|
|(c)|Market value analysis|||||||
||Fixed Interest|||||305,953|304,627|
||UK Equities|||||593,849|593,758|
||Global Equities|||||1,083,250|874,817|
||Property|||||152,773|138,435|
||Alternative
Investments|||||161,425|145,636|
||Private Equity|||||23,878|23,591|
|||||||2,321,128|2,080,864|
||Cash|||||6,741|18,175|
|||||||2,327,869|2,099,039|
||Investments
-continued|||||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|(d)|Investment
income|||||||
||Listed Investments|||||||
||Listed securities|||||60,376|52,694|
||Cash deposits||||||621|
|||||||60,376|53,315|
|(e)|Net gain I(loss) on investments|||||||
||Realised gains on disposals|||||19,339|4,233|
||Unrealised
gain
/ (loss) for|year||||223,714|122,626|
|||||||243,053|126,859|
||All ofthe gain
in 2020 and 2019is attributable|||to the|Expendable|Endowment|fund|
||Investment
management|fees||||||
||Fees charged
by Quilter|||||15,596|13,952|
||Reconciliation
of net movement||in funds to net|||||
||cash flow from operating|activities||||||
||Net
incoming
/ (outgoing)|resources for the||period||210,288|82,582|
||(Deduct ) / add net gain
/ loss on investment|||assets|(243,053)||(126,859)|
||Deduct investment
income
activities|shown|in investing|||(60,376)|(53,315)|
||Deduct other interest income|||||(25)|(31)|
||(increase)
/ decrease
in debtors|||||1,391|49,551|
||(Decrease)
/ increase
in accrued||charges|||416|110|
|||||||(91,359)|(47,962)|
||Analysis ofcash and cash equivalents|||||||
||Cash in hand|||||48,140|64,875|
||Cash awaiting
investment|||||6,741|18,175|
||Total cash and cash equivalents|||||54,881|83,050|
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|Grants||||||||
|Carr Junior School||||||2,615|1,996|
|Oxford Meet||||||3,000|1,500|
|Rookhow||||||3,325||
|Retreat Individual
Therapy||Scheme||||19,080|14,100|
|Phoenix Counselling|Services|||||775|3,717|
|Sea Change Trust||||||5,000|1,020|
|Horseheard|||||||5,000|
|Newcastle
East Academy||Trust||||4,577||
|Susan's
Farm||||||2,148||
|Bootham School||||||6,380|10,346|
|NESST||||||1,575|5,000|
|Mental
Health Forum||||||3,373|538|
|Quaker Service Belfast|||||||5,000|
|Other project grants|(under E2,000)||||||2,722|
|Individual
Therapy Grants||||||13,021|9,781|
|||||||64,869|60,720|
|Grant to BYM for costs of||Mental|Health|Development|Officer||22,542|
|MHDO Fees||||||18,000||
|Total Direct Costs||||||82,869|83,262|
|Support Costs||||||||
|Secretary Fees 8 Expenses|||||||12,053|
|MHDO Management|and|Project|costs||||5,618|
|Marketing||||||270|772|
|Website 8 ITCosts||||||768|740|
|Legal Fees||||||282|35|
|Bank Charges||||||24|26|
|Insurance||||||353|245|
|Meeting
room hire||||||84|1,263|
|Sundry Expenses||||||266|24|
|Governance
-Audit|Fee|||||1,800|1,800|
|Governance
—Non-Audit||Accountancy||Fees||360|720|
|Governance
-Trustee Expenses||||||171|684|
|Total Support Costs||||||4,378|23,980|
|Total Charitable
Activities||Costs||||87,247|107,242|
##
|||||2021|2020|
|---|---|---|---|---|---|
||Brokers|income|account|8,776|10,167|
||Prepayments|||||
|||||8,776|10,167|
|9|Creditors|||||
|Amounts||falling|due within one year:|||
|Accruals||||5,854|5,438|
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|||Unrestricted|Endowment||
|---|---|---|---|---|
|||Funds|Funds|Total|
|Analysis|of net assets||||
|between|funds - current year||||
|Fixed asset investments||21,813|2,306,056|2,327,869|
|Current|assets|56,916||56,916|
|Current|liabilities|(5,854)||(5,854)|
|||72,875|2,306,056|2,378,931|
|Analysis|ofnet assets||||
|between|funds - prior year||||
|Fixed asset investments||20,440|2,078,599|2,099,039|
|Current|assets|75,042||75,042|
|Current|liabilities|(5,438)||(5,438)|
|||90,044|2,076,599|2,168,643|