2021-04-30-accounts - The Loppylugs And Barbara Morrison Charitable Trust

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REFERENCE AND ADMINISTRATIVE	DETAILS
Registered Charity number
1118962
Principal address
C/0 The Wilkes Partnership
41Church Street
Birmingham
83 2RT
Trustees
'Mr I R Kay
Mr A C Piddock
Mr J J Harrison
Auditors
J W Hinks LLP
Chartered Accountants
and Statutory Auditors
19Highfield Road
Edgbaston
Birmingham
81538H
Bankers
Lloyds Bank Pic
36 - 38 New Street
Birmingham
82 4LP

					2021	2020
			Unrestricted	Endowment	Total	Tota I
			fund	Funds	funds	funds
		Notes	E	E	E	E
INCOME AND ENDOWMENTS	FROM
Investment income		2	205,180		205,180	233,971
EXPENDITURE ON
Charitable activities
Grants payable			184,000		184'000	957,500
Governance Costs			10,795		10,795	9,583
Total			194,795		194,795	267,083
Net gains/(losses) on investments				894,503	894,503	(922,142)
NET INCOME/(EXPENDITURE)			10,385	894,503	904,888	(955,254)
RECONCILIATION OF FUNDS
Total funds brought forward			303,668	5,010,591	5,314,259	6,269,513
TOTAL FUNDS CARRIED FORWARD			314,053	5,905,094	6p219,147	5,314,259

					2021	2020
			Unrestricted	Endowment	Total	Tota I
			fund	Funds	funds	funds
		Notes	E	E	E	E
FIXEDASSETS
Investments			224,195	5,905,094	6,129,289	5,228,933
CURRENT ASSETS
Cash at bank			128,357		128,357	118,426
CREDITORS
Amounts falling due within one year		7	(38,499)		(38,499)	(33,100)
NET CURRENT ASSETS			89,858		89,858	85,326
TOTAL ASSETS LESSCURRENT LIABILITIES			314,053	5,905,094	6,219,147	5,314,259
NET ASSETS			314,053	5,905,094	6,219,147	5,314,259
FUNDS
Unrestricted	funds				314,053	303,668
Endowment	funds				5,905,094	5,010,591
TOTALFUNDS					6,219,147	5,314,259

INVESTM	ENT INCOME
		2021	2020
		E	E
Dividends	receivable from equity shares	205,156	233,971
Bankinterest		24
		205,180	233,971
GRANTS	PAYABLE
		2021	2020
		E	E
Grants pa	yable	184,000	257,500

							2021	2021	2020
							E		6
Acorn's Children's Hospice								4,800	4,800
Birmingham Boys' and Girls'	Union							5,500	9,000
Birmingham Children's Hospital								5,500	9,000
Birmingham Royal Ballet								4,800	4,800
Birmingham St Mary's Hospice								4,800	4,800
Caring for Life								4,800	4,800
Demand								4,800	4,800
Disabled Sailor's Association								4,800	4,800
Dementia Adventure Trust									2,500
ESO (2006) Ltd (English Symphony						Orchestra)		4,800	4,800
Hunts Servants' Fund								5,500	9,000
Miss Smallwood's Society							'	5,500	9,000
Nuneaton & North Warwickshire					Riding for the Disabled Assoaation			4,800	4,800
The Artist's General Benevolent				Institution				4,800	4,800
The Birmingham Blue Coat School								5,500	9,000
The Birmingham Wireless for the					Blind			5,500	9,000
The Bumblebee Conservation		Trust						4,800	4,800
The Chartered Accountants'	Benevolent Association							5,500	9,000
The Churches Conservation	Trust							5,500	9,000
The Foundation for Conductive			Education					4,800	4,800
The London Stained Glass Repository								4,800	4,800
The Lord Taverners								5,500	9,000
The National Benevolent Charity								5,500	9,000
The National Blind Tenpin Bowling					Association			4,800	4,800
The People's Dispensary for	Sick			Animals				5,500	9,000
The Royal Air Force Benevolent			Fund					5,500	9,000
The Royal Birmingham Society		ofArtists						5,500	9,000
The Royal National Institute	for		the Blind					5,500	9,000
The Salvation Army								5,500	9.000
The Stained Glass Museum								4,800	4,800
Revitalise Respite Holidays								5,500	9,000
Narthex Centre (Sparkhill)								4,800	4,800
Personal Support Unit								4,800	4,800
The Emily Jordan Foundation								4,800	4,800
Chance to Shine								4,800	4,800
Birmingham Botanical Gardens								4,800	4,800
St Gabriel's Centre								4,800	4,800
Parkinsons Uk									2,500
Polka Theatre									2,500
West Midlands CARE Team									2,500
Historic England									2,500
Carers Trust									2,500
Dogs Trust									2,500
							184,000		257,500

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Endowment	Total
			fund	Funds	funds
			f	E	E
INCOME AND ENDOWMENTS		FROM
Investment income			233,971		233,971
EXPENDITURE ON
Charitable activities
Grants payable			257,500		257,500
Governance Costs			9,583		9,583
Total			267,083		267,083
Net gains/(losses) on	investments			(922,142)	(922,142)
NET INCOME/(EXPENDITURE)			(33,112)	(922,142)	(955,254)
RECONCILIATION OF	FUNDS
Total funds brought	forward		336,780	5,932,733	6,269,513
TOTAL FUNDS CARRIED FORWARD

FIXEDASSET INVESTMENTS
	Listed
	investments
	E
MARKET VALUE
At 1May 2020	5,228,933
Revaluations	900,356
At 30April 2021	6,129,289
NET BOOK VALUE
At 30April 2021	6p129,289
At 30April 2020	5,228,933

UK i	nvestmen	ts are repres	ent	ed by:
					2021			2020
				Cost	Market	'	Cost	Market
					Value			Value
					E			E
Equities				3,923,984	5,999,128		3,918,130	5,117,574
Commercial		Properties		143,481	130,161		143,481	111,359
Tota	I			4,067,465	6,129,289		4,061,611	5,228,933
Investments		in individual	entities held at 30Apnl 2021which are over		5'Yo ofportfolio	by value	are:
Units		Investment			Market Value
						2021
	11580	Diageo	pic			376,466		6.14
	8,000	Unilever				338,520		5.52
	19,500	Smith and		Nephew		306,248		5.00
	21,530	Reed Elsevier				404,656		6.60
114,320		Aberdeen		Asia Pacific —Ordinary		465,729		7.06

CREDITORS:	AMOUNTS FALLI	NG	DUE WITHIN	ONE YEAR
						2021		2020
						E		E
Other creditors						38,499		33,100
MOVEMENT	IN FUNDS
						Net
						movement		At
					At 1.5.20	in funds		30.4.21
					E	E		E
Unrestricted	funds
General fund					303,668	10,385		314,053
Endowment	funds
Endowment	Funds				5,010,591	894,503		5,905,094
TOTAL FUNDS					5,314,259			6,219,147
Net movement in funds, included			in the above	are as follows:
				Incoming	Resources	Gains and		Movement
				resources	expended	losses		in funds
				E	E	E		E
Unrestricted	funds
General fund				205,180	(194,795)			10,385
Endowment	funds
Endowment	Funds					894,503		894,503
TOTAL FUNDS				205,180	(194,795)	894,503		904,888
Comparatives	for movement	in	funds
						Net
						movement		At
					At 1.5.19	in funds		30.4.20
					E	E		E
Unrestricted General fund	funds				336,780	(33,112)		303,668
Endowment Endowment	funds Funds				5,932,733	(922,142)		5,010,591
TOTAL FUNDS					6, 69.513	(95,25	)	531.259

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		E	E	E	E
Unrestricted	funds
General fund		233,971	(267,083)		(33,112)
Endowment	funds
Endowment	Funds			(922,142)	(922,142)
TOTAL FUNDS		233,971	(267,083)	(922,142)	(955,254)

			Net
			movement	At
		At 1.5.19	in funds	30.4.21
		E	E	E
Unrestricted	funds
General fund		336,780	(22,727)	314,053
Endowment	funds
Endowment	Funds	5,932,733	(27,639)	5,905,094
TOTAL FUNDS		6,269,513	(50,366)	6,219,147

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		E	E	E	E
Unrestricted	funds
General fund		439,151	(461,878)		(22,727)
Endowment	funds
Endowment	Funds			(27,639)	(27,639)
TOTAL FUNDS		439,151	(461,878)	(27,639)	(50,366)

			2021	2020
			E	E
iNCOME AND ENDOWMENTS
Investment income
Dividends receivable	from	equity shares	205,156	233,971
Bank interest			24
			205,180	233,971
Total incoming resources			205,180	233,971
EXPENDITURE
Charitable activities
Grants to institutions			184,000	257,500
Support costs
Governance costs
Auditors' remuneration			1,800	1,800
Bank charges			115	103
Accountancy and legal fees			1,800	1,800
Management and	administration		7,080	5,880
			10,795	9,583
Total resources expended			194,795	267,083
Net income/(expenditure)		before gains and losses	10,385	(33,112)
Realised recognised	gains	and losses
Realised gains/(losses) on		fixed asset investments	894,503	(922,142)
Net income/(expendIture)			904,888	(955,254)