| Page | |||
|---|---|---|---|
| Reference and Administrative | Details ofthe Charity, its Trustees and Advisers | ||
| Trustees' Report |
2-4 | ||
| Independent Auditors' |
Report | on the Financial Statements | 5-8 |
| Statement ofFinancial | Activities | ||
| Balance Sheet | IO | ||
| Notes to the Financial | Statemeats | 11-20 |
| Reference | and Administrative | and Administrative | Details ofthe Charity, its Trustees and Advisers | Details ofthe Charity, its Trustees and Advisers | Details ofthe Charity, its Trustees and Advisers | Details ofthe Charity, its Trustees and Advisers | ||
|---|---|---|---|---|---|---|---|---|
| For the | year ended 5April 2021 | |||||||
| Trustees | Anthony David |
Swallow, | (Chair ofTrustees) | |||||
| Christopher David |
Swallow, Trustee | |||||||
| Heidi Swallow | Purvis, | Trustee | ||||||
| Helga Hildegard | Gertrud | Swallow, Trustee | ||||||
| Nicola Mapp, Trustee | ||||||||
| Charity registered | number | 1118122 | ||||||
| Principal office | Apartment 6 |
|||||||
| Fallibroome House |
||||||||
| 68Macclesfield | Road | |||||||
| Prestbury | ||||||||
| Cheshire | ||||||||
| SK104BH | ||||||||
| Investment | Managers | Luna Investment | Management | Limited | ||||
| Level 7,Tower | 12 | |||||||
| The Avenue North | ||||||||
| 18-22Bridge Street | ||||||||
| Spinningfields | ||||||||
| M3 3BZ | ||||||||
| Indepeadent | auditors | Hurst Accountants | Limited | |||||
| Chartered Accountants |
& | Statutory Auditors | ||||||
| Lancashire Gate |
||||||||
| 21 Tiviot Dale | ||||||||
| Stockpoit | ||||||||
| Cheshire | ||||||||
| SKI ITD | ||||||||
| Solicitors | Hewitsons | |||||||
| Shakespeare House |
||||||||
| 42 Newmarket | Road | |||||||
| Cambridge | ||||||||
| CBS8EP |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2021 | 2021 | 2020 | |||
| Note | 8 | ||||
| Income from: | |||||
| Donations and legacies |
101,131 | 101,131 | 164,267 | ||
| Investments | 44,436 | 44,436 | 79,116 | ||
| Total income | 145,567 | 145,567 | 243,383 | ||
| Expenditure on: |
|||||
| Raising funds | 6 | 38,941 | 38,941 | 38,238 | |
| Charitable activities |
7 | 139,000 | 139,000 | 211,739 | |
| Other expenditure | 8 | 10,650 | 10,650 | 10,050 | |
| Total expenditure | 188,591 | 188,591 | 260,027 | ||
| Net gains/(losses) | on investments | 633,014 | 633,014 | (217,323) | |
| Net movement in gains/(tosses) |
funds before other recognised | 589,990 | 589,990 | (233,967) | |
| Other recognised | gains/(Iosses): | ||||
| Gains / (losses) on foreign currency | (20,376) | (20,376) | 35,071 | ||
| 569,614 | 569,614 | (198,896) | |||
| Net movement in |
funds | ||||
| Reconciliation offunds: | |||||
| Total funds brought forward |
4,721,929 | 4,721,929 | 4,920,825 | ||
| Net movement in funds |
569,614 | 569,614 | (198,896) | ||
| Total funds carried forward | 5,291,543 | 5,291,543 | 4,721,929 |
| Balance Sheet | Balance Sheet | ||||||
|---|---|---|---|---|---|---|---|
| As at 5April 2021 | |||||||
| 2021 | 2020 | ||||||
| Note | K | ||||||
| Fixed assets | |||||||
| Investments | 4&457&714 | 3,491,885 | |||||
| Current assets | |||||||
| Debtors | 12 | 71,697 | 98,042 | ||||
| Cash at bank | and in | hand | 772,782 | 1,142,052 | |||
| 844,479 | 1,240,094 | ||||||
| Creditors: amounts | falling due within one year | 13 | (10,650) | (10,050) | |||
| Net current | assets | 833,829 | 1,230,044 | ||||
| Total net assets | 5,291,543 | 4,721,929 | |||||
| Charity funds | |||||||
| Unrestricted | funds | 14 | 5,291,543 | 4,721,929 | |||
| Total funds | 5,291,543 | 4,721,929 |
| Unrestricted | Total | |
|---|---|---|
| funds | funds | |
| 2021 | 2021 | |
| 6 | ||
| Donations | 80,905 | 80,905 |
| Income tax receivable | 20,226 | 20,226 |
| Total 2021 | 101,131 | 101,131 |
| Unrestricted | Total | |
| funds | funds | |
| 2020 | 2020 | |
| Donations | 131,414 | 131,414 |
| Income tax receivable | 32,853 | 32,853 |
| Total 2020 | 164,267 | 16l,267 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2021 | 2021 | ||
| Investment | income - Dividends | 44,030 | 44,030 |
| Investment | income - Interest | 406 | 406 |
| Total 2021 | 44,436 | 44,436 |
| Investment | income - Dividends |
|---|---|
| Investment | income - Interest |
| Total 2020 |
| Unrestricted | Total |
|---|---|
| funds | funds |
| 2020 | 2020 |
| 75,413 | 75,413 |
| 3,703 | 3,703 |
| 79,116 | 79,116 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2021 | 2021 | |||
| Bank charges | 8 | |||
| Investment | management | fees | 38,933 | 38,933 |
| Total 2021 | 38,941 | 38,941 | ||
| Unrestricted | Total | |||
| funds | funds | |||
| 2020 | 2020 | |||
| Bank charges | 74 | |||
| Investment | management | fees | 38,164 | 38,164 |
| Total 2020 | 38,238 | 38,238 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2021 | 2021 | |||
| Donations | made (note 18) | 139,000 | 139,000 | |
| Unrestri cted | Total | |||
| funds | funds | |||
| 2020 | 2020 | |||
| Donations | made (note 18) | 211,739 | 211,739 | |
| Other expenditure | ||||
| Unrestricted | Total | |||
| funds | funds | |||
| 2021 | 2021 | |||
| f. | ||||
| Accountants | fee | 4,475 | 4,475 | |
| Auditors | remuneration | 6,175 | 6,175 | |
| Total 2021 | 10,650 | 10,650 | ||
| Unreslricted | Total | |||
| fi(nds | funds | |||
| 2020 | 2020 | |||
| Accountants | fee | 4,030 | 4,050 | |
| Auditors | remuneration | 6,000 | 6;000 | |
| Total 2020 | 10,050 | 10,050 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Fees payable | to the charity's | auditor for the audit ofthe charity's | annual accounts | 6,175 | 6,000 |
| Fees payable | tothe charity's | auditor in respect of: | |||
| All non-audit | services not included above | 4,475 | 4,050 |
| 10. | Trustees' remuneration and expeases |
|
|---|---|---|
| During the year, no Trustees received any remuneration | or other benefits (2020 - ZNILL | |
| During the year ended 5April 2021,no Trustee expenses | have been incurred (2020 —LNIL). | |
| The charity has no employees other than the Trustees. |
||
| 11. | Quoted investments aad securities |
| Quoted | ||
|---|---|---|
| investments | ||
| and securities | ||
| Cost or valuation | ||
| At 6April 2020 | 3,491,885 | |
| Additions | 1,652,187 | |
| Disposals | (1&319,372) | |
| Revaluations | 514,451 | |
| Foreign exchange movement | 118,563 | |
| At 5April 2021 | 4,457,714 | |
| Net book value | ||
| At 5April 2021 | 4,457,714 | |
| Ai 5April 2020 | 3,491,885 | |
| The historical cost ofthe quoted investments | and securities is 63,822,721 (2020:$3,540,387). |
| 2021 | 2020 | ||
|---|---|---|---|
| Due within one year | |||
| Other debtors | 50,000 | 50,000 | |
| Prepayments | and accrued income | 1,919 | 15,637 |
| Tax recoverable | 19,778 | 32,405 | |
| 71,697 | 98,042 |
| Statement of | funds - current year | |||||
|---|---|---|---|---|---|---|
| Balance at 6 | Gains/ | Balance at 5 | ||||
| April 2020 | Income | Expenditure | (Losses) | April 2021 | ||
| Unrestricted | funds | |||||
| General Funds | - all funds | 4,721,929 | 145,567 | (188,591) | 612,638 | 5,291,543 |
| Statement of | funds - prior year | |||||
| Balance at | Gains/ | Balance at | ||||
| 6April 2019 | Income | Expenditure | (Losses) | 5April 2020 | ||
| Unrestricted | funds | |||||
| General Funds | - all funds | 4,920,825 | 243,383 | (260,027) | (182,252) | 4,721,929 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2021 | 2021 | ||
| K | |||
| Fixed asset investments | 4,457,714 | 4,457,714 | |
| Current | assets | 844,479 | &44,479 |
| Creditors | due within one year | (10,650) | (10,650) |
| Total | 5,291,543 | 5491,543 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2020 | 2020 | ||
| Fixed asset investments | 3,491,885 | 3,491,885 | |
| Current | assets | 1,240,094 | 1,240,094 |
| Creditors | due within one year | (10,050) | (10,050) |
| Total | 4,721,929 | 4,721,929 |
| Analysis ofgrants a | nd donations made |
||
|---|---|---|---|
| 2021 | 2020 | ||
| f. | |||
| Cheshire Community |
Foundation | 25,000 | |
| Colin and Bronwen Cleaver | 5,000 | 5,000 | |
| Creg Macclesfield | 25,000 | 37,500 | |
| East Cheshire Hospice Donations Account | 25,000 | 35,000 | |
| Home Start Cheshire | 5,000 | ||
| India Direct | 15,000 | 10,000 | |
| Just Drop In | 17,000 | 12,000 | |
| Lizzy Jones | 2,500 | ||
| Maternity Afiica Co |
Ltd | 4,996 | |
| Resurgo Trust | 15,000 | ||
| Rossendale Trust Limited |
15,000 | 12,000 | |
| RSPCA Stockpott Branch | 2,500 | ||
| Space4Autism | 12,000 | 12,000 | |
| Su Casa DeEsperanza Inc | 8,243 | ||
| The Message Trust | 25,000 | 25,000 | |
| 139,000 | 211,739 |