||||Page|| |---|---|---|---|---| |Report of the Trustees||1|to|3| |Independent
Examiner's|Report|||| |Statement
of Financial|Activities|||| |Balance Sheet||||| |Notes to the Financial|Statements|7|to|13| |Detailed Statement of|Financial Activities||14|| ## ## ## ## ## ## ## ## ## |||||||30.11.21|30.11.20| |---|---|---|---|---|---|---|---| |||||Unrestricted|Endowment|Total|Total| |||||fund|fund|funds|funds| ||||Notes|E|E|E|E| |INCOME AND ENDOWMENTS||FROM|||||| |Investment
income||||33,369||33,369|34,173| |EXPENDITURE ON|||||||| |Charitable
activities|||||||| |Activity
holiday
bursaries|for|disadvantaged|||||| |children||||221,358||221,358|88,393| |Net gains on investments|||||268 008|268 008|96 549| |NET INCOME/(EXPENDITURE)||||(187,989)|268,008|80,019|42,329| |Transfers
between
funds|||11|~89,023)|89,023||| |Net movement
in funds||||(277,012)|357,031|80,019|42,329| |RECONCILIATION
OF FUNDS|||||||| |Total funds brought
forward||||363,263|1,780,606|2,143,869|2,101,540| |TOTAL FUNDS CARRIED FORWARD||||86,251|2,137,637|2,223 888|2,143,869| ## ||||||30.11.21||30.11.20| |---|---|---|---|---|---|---|---| ||||Unrestricted|Endowment|Total||Total| ||||fund|fund|funds||funds| |||3863le0|7||E||E| |FIXED ASSETS|||||||| |Investments||||2,137,637|2,137,637|1,780,606|| |CURRENT ASSETS|||||||| |Debtors
Cash at bank|||104,363||104 363||91,924
274 089| ||||104,363||104,363||366,013| |CREDITORS|||||||| |Amounts
falling due within|one year|10|(18,112)||(18,112)||(2,750)| |NET CURRENT ASSETS|||86,251||86 251||363263| |TOTAL ASSETS LESS CURRENT LIABILITIES|||86,251|2,137,637|2,223,888|2,143,869|| |NET ASSETS|||86,251|2,137637|2 223 888|2 143 869|| |FUNDS|||||||| |Unrestricted
funds
Endowment
funds|||||86,251
2 137,637|363,263
1,780 606|| |TOTAL FUNDS|||||2 223 888|2|143 869| ## ## ## ## ## ||At the year e
believe there|nd the charity
had investments
worth
E2,13
will be no significant
change to its activities|7,637 and net current assets of E86,25
in the foreseeable
future.|1.The truste| |---|---|---|---|---| ||INVESTMENT|INCOME||| ||||30.11.21|30.11.20| ||||E|E| ||Other fixed asset investments
Deposit account interest||30,134
~3235|30,657
~3516| ||||33,369|~34 173| |3.|CHARITABLE|ACTIVITIES COSTS||| ## |CHARIT|ABLE A|CTIVITIES|COSTS|||| |---|---|---|---|---|---|---| |||||Grant||| |||||funding of||| |||||activities||| |||||(see note|Support|| |||||4)|.costs|Totals| |||||8|E|E| |Activity|holiday|bursaries|for|||| |disadvantaged||children||200,077|21,281|221 358| |GRANTS|PAYABLE|||||| ||||||30.11.21|30.11.20| |||||||E| |Activity|holiday|bursaries|for|||| |disadvantaged||children|||200 022|69,925| ## ## |GRANTS PAYABLE - continued
The total grants
paid during the year were as follows:||| |---|---|---| ||30.11.21|30.11.20| ||E|| |The Cirdan
Sailing Trust|30,000|| |Honeypot
House
Children's
Adventure
Farm Trust
Kids Strut
ATE
Back Up
Lodge Hill Centre|30,000
18,000
12,887
8,970
23,500|22,400
(3,800)
23,500| |Highlights
Up N Away
Bendrigg Trust
Wide Horizons
Drama Expression
for Children
Priestlands
School
Youth Adventure
Trust
Calvert Trust
Farms for City Chi!dre;-.
Bede|8,000
10,000
10,000
5,000
2,720
20,000
10,000
6,000
-5,000|8,000
10,000
10,000
(8,575)
5,000
3,400| ||200 072|69 925| ## ## ## ## |COMPARA|TIVES
FOR TH|E ST|ATEMENT OF FINANCIAL
|ACTIVITIES||| |---|---|---|---|---|---|---| |||||Unrestricted|Endowment|Total| |||||fund|fund|funds| |||||E|E|E| |INCOME AND ENDOWMENTS|||FROM|||| |Investment|income|||34,173||34,173| |EXPENDITURE ON||||||| |Charitable|activities|||||| |Activity
holiday bursaries||for|disadvantaged|||| |children||||88,393||88,393| |Net gains|on investments||||96,549|96,549| |NET INCOME/(EXPENDITURE)||||(54,220)|96,549|42,329| ## ||COMPARATIVES|FOR|THE STATEMENT OF FINANCIAL|THE STATEMENT OF FINANCIAL|THE STATEMENT OF FINANCIAL|THE STATEMENT OF FINANCIAL|THE STATEMENT OF FINANCIAL|THE STATEMENT OF FINANCIAL|ACTIVITIES|- continued|||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||Unrestricted|Endowment||Total| |||||||||||fund|fund||funds| |||||||||||E|E||E| ||Transfers
between
funds|||||||||299 523|~299|523)|| ||Net movement|in funds||||||||245,303|(202,974)||42,329| ||RECONCILIATION|OF|FUNDS||||||||||| ||Total funds brought||forward|||||||117,960|1,983,580||2,101,540| ||TOTAL FUNDS CARRIED|||FORWARD||||||363,263|1,780,606||2,143,869| |8.|FIXED ASSET INVESTMENTS||||||||||||| ||||||||||||||Listed| ||||||||||||||investments| ||||||||||||||E| ||MARKET VALUE||||||||||||| ||At 1 December 2020
Additions
Disposals
Revaluations||||||||||||1,780,606
318,215
(17,972)
56 788| ||At 30 November|2021|||||||||||2 137637| ||NET BOOK VALUE||||||||||||| ||At 30 November|202'I|||||||||||2,137,637| ||At 30 November|2020|||||||||||1 780 606| ||Fixed asset investments
Investments
held outside|||held
the|in
UK|the
were|UK were
valued at|valued
E948,|at E1,189,451 (2020: E966,650) at
186(2020:E813,956)at 30 November|||30 November
2021.
2021.|| ||Cost or valuation|at 30 November||||2021 is represented|||by:||||| ||||||||||||||Listed| ||||||||||||||investments| ||||||||||||||E| ||Valuation
in 2021||||||||||||2,137637| ## |9.|DEBTORS:|AMOUNTS|FALLING DUE WITHIN|FALLING DUE WITHIN|FALLING DUE WITHIN|FALLING DUE WITHIN|ONE YEAR|||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||30.11.21|-|30.11.20| |||||||||||E||E| ||Prepayments
and accrued income|||||||||||91,924| |10.|CREDITORS: AMOUNTS|||FALLING||DUE WITHIN ONE YEAR||||||| |||||||||||30.11.21||30.11.20| |||||||||||E||E| ||Other creditors|||||||||~18 112||~2750| |11.|MOVEMENT|IN FUNDS||||||||||| |||||||||Net||Transfers||| |||||||||||-.between||At| ||||||||1.12.20|in funds||.funds||30.11.21| ||||||||E|E||E||| ||Unrestricted
funds|||||||||||| ||Unrestricted|Income|Fund||||363,263|(187,989)||(89,023)||86,251| ||Endowment|funds||||||||||| ||Expendable|Endowment||Fund|||1,780,606|268,008||89,023||2,137,637| ||TOTAL FUNDS||||||2 143 869|80 019||||2 223 888| ||Net movement
in funds,|||included||in the above are as follows:||||||| ||||||||Ir3rOmi3363|Resources|-|Gains and||Movement| ||||||||resources|expended||losses||in funds| ||Unrestricted|funds|||||E|E||E||E| ||Unrestricted|Income|Fund||||33,369|(221,358)||||(187,989)| ||Endowment|funds||||||||||| ||Expendable|Endowment||Fund||||||268,008||268,008| ||TOTAL FUNDS||||||33,369|(221,358)||268,008||80,019| ||Comparatives
for movement||||in funds|||||||| |||||||||Net||Transfers||| ||||||||At|movement||between||At| ||||||||1.12.19|in funds||funds||30.11.20| |||||||||E||E||| ||Unrestricted|funds||||||||||| ||Unrestricted|Income Fund|||||117,960|(54,220)||299,523||363,263| ||Endowment|funds||||||||||| ||Expendable|Endowment||Fund|||1,983,580|96,549||(299,523}||1,780,606| ||TOTAL FUNDS||||||2,101,540|42,329||||2 143,869| ## ## ||||Incoming|Resources|Gains and|Movement| |---|---|---|---|---|---|---| ||||resources|expended|losses|in funds| ||||E|E|E|E| |Unrestricted|funds|||||| |Unrestricted|Income Fund||34,173|(88,393)||(54,220)| |Endowment|funds|||||| |Expendable|Endowment|Fund|||96,549|96,549| |TOTAL FUNDS|||47
I|I88,393)|~96 549|~42 329| |A current year 12 months||and prior year 12 months|combined|position
is as follows:||| |||||Net|Transfers|| ||||At|movement|between|At| ||||1.12.19|in funds|funds|30.11.21| |||||E|E|| |Unrestricted|funds|||||| |Unrestricted|Income Fund||117,960|(242,209)|210,500|86,251| |Endowment|funds|||||| |Expendable|Endowment|Fund|1,983,580|364,557|(210,500)|2,137,637| |TOTAL FUNDS||2,101,540||122,348||2 223 888| |||||Incoming|Incoming|Resources|Gains and|Movement| |---|---|---|---|---|---|---|---|---| |||||resources||expended|losses|in funds| |||||E||E|E|E| |Unrestricted|funds|||||||| |Unrestricted|Income|Fund||/.7
P|7 43|r309 751||(242,209)| |Endowment|funds|||||||| |Expendable|Endowment||Fund||||364,557|364,557| |TOTAL FUNDS||||67,|542|1309751)|364 557|122 348| ## ## ##