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2021-03-31-accounts

FORTHE YEAR ENDE D31MARCH2O2I D31MARCH2O2I
Notes U$restrictedEndqwed
Fund
Fund
2021
TOTAL

2020
TOTAL
INCOMEAND EI\IDOWMENTS
Donationsand legacies
Donations 20,813 20,813 20,076
Taxrecovered 5,200 5,200 5,000
Investment income 2 11,06? 11,069 12,432
TOTALINCOME 37,082 37,082 37,509
EXPENDITURE
lnvestment managementfees 3,468 3,469 l,g3g
Charitable activities J 26,889 26,888 2r,864
TOTALEXPENDITURE 26,888 3,469 30,356 23,702
NETINCOME/ (EXPENDTTURE) BEFORE
GArNS /(LOSSES)ONrN.ESTMENTS 7A,194 (3,468) 6,726 13,906
Realisedgains/(losses) 28,663 28,663
Netunrealised gains/(losses) on investments 82,432 82,432
(55,433)
NET MOYEMENTINF'UNDS 10,194107,6271l7,g2t(41,627)
Reconciliationof Funds
TOTALFUNDSBROUGHT FORWARI) 28,32t352,692 391,019422,646
TOTALFUNDSCARRIND FORWARD 38,521460,319498,840381,019

Notes 2021
2021
202A
2020
F'IXEDASSETS
Investments 5 447,832 341,102
CURRENTASSETS
Debtorsand prepayments 6
Cash atbank andinhand 51,896 41,702
51,896 41,702
CREDITORS :amountsfallingduewithin
oneyear 7 888 1,785
NETCURRENTASSETS 51,008 39,917
NETASSETS f498,840 f381,019
Representing
F'UTIDS
Unrestricted
IncomeFund 38,521 28,327
Restricted
Endowment fund 460,319 352,692
f498,840 f381,019

2021
202A
Income fromquoted investments 11,067 12,429
Interest oncashheldon deposit 2 J
911,069f,12,432

RITABLEACTIYITIES
Charitable donations
2021 2020
Relief of poverty 12,000 8,000
Medicalresearch/support 6,000 6,000
Furtheranceof education 4,000 4,000
Supportofthearts 4,000 3,000
Governancecosts 888 864
f26,888 {21,864

2021 2020
Accountant's tbes 888 864

ESTMENTS
Endowed
Fund
Marketvalueat1April2020 341,102
Disposalsatopening value (76,893)
Acquisitionsatcost 101,191
Unrealisedprofitsonportfolio 82,432
Mmketvalue at3lMarch202l f.447,832
AllianceTrust 23,829
AVIVAInvestorsUKStrategicBond 28,548
Charles StanleyHighlncomeFund C 24,504
Murray International Trust 29,958
ScottishMortgageInvestmentTrust 42,637
Market Valueat3lMarch202l f,149,476

Charles StanleyHighlncomeFund C
Murray International Trust
ScottishMortgageInvestmentTrust
Market Valueat3lMarch202l
6.DEBTORS
24,504
29,958
42,637
f,149,476
2021 2020
Sm&ydebtors
r s_
7.CREDITORS:Amountsduewithinoneyear
202t 2020
Accruals 921
Accountant'sfees 888 864
f888 f1,785