| Notes | 2021 | 2020 | ||
|---|---|---|---|---|
| E | E | |||
| Income and endowments | from | |||
| Investment income |
166,513 | 194,487 | ||
| Total | 166,513 | 194,487 | ||
| Expenditure on |
||||
| Costs of Raising Funds: | ||||
| Investment management |
costs | 45,304 | 40,757 | |
| Charitable activities |
1,380,415 | 2,299,722 | ||
| Total | 1,425,719 | 2,340,479 | ||
| Net income/(expenditure) | before investment | gains/(losses) | (1,259,206) | (2,145,992) |
| Net gains/(losses) on investments |
717,267 | (202,115) | ||
| Net gains/(losses) on Currency |
(1) | 2 | ||
| Net income/(expenditure) | (541,940) | (2,348,105) | ||
| Total funds at 6 April 2020 | 5,591,524 | 7,939,629 | ||
| Total funds at 5 April 2021 | 5,049,584 | 5,591,524 |
| Note | 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|---|
| Fixed Assets | ||||||||
| Quoted investments: | ||||||||
| Charities Properties |
Fund | 3,105,289 | 3,157,560 | |||||
| Veritas Investment | Management | 3,183,885 | 2,963,814 | |||||
| 6,289,174 | 6,121,374 | |||||||
| Current Assets |
||||||||
| Cash at bank and in hand | 198,098 | 1,223,226 | ||||||
| Current Liabilities |
||||||||
| Creditors:amounts | falling due within | one year | 8 | (543,764) | (647,723) | |||
| Net current assets | (345,666) | 575,503 | ||||||
| Creditors:amounts | falling due after | one year | 9 | (893,924) | (1,105,353) | |||
| Total net assets | 5,049,584 | 5,591,524 | ||||||
| Funds | ||||||||
| Unrestricted Funds |
5,049,584 | 5,591,524 |
| 2 | Investment income |
2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|
| E | E | |||||||
| Interest on cash deposits |
1,208 | 13,266 | ||||||
| Income from Veritas portfolio | 44,358 | 49,091 | ||||||
| Distributions from Charities |
Property | Fund | 120,947 | 132,130 | ||||
| 166,513 | 194,487 | |||||||
| 3 | Charitable Activities |
2021 | 2020 | |||||
| E | E | |||||||
| General charitable purpose |
donations | (see | note 4) | 1,302,000 | 2,219,519 | |||
| Support costs (see note | 5) | 78,415 | 80,203 | |||||
| 1,380,415 | 2,299,722 | |||||||
| 4 | Donations payable |
Charity Number |
2021 | 2020 | ||||
| E | E | |||||||
| British Council Benevolent | Fund | 1161805 | 50,000 | |||||
| Community Security Trust |
1042391 | 100,000 | 100,000 | |||||
| Cygnet Training Theatre | Et | Cygnet Research | Library | 1081824 | 180,000 | |||
| Dalaid | 1064655 | 15,000 | 15,000 | |||||
| English National Ballet |
214005 | 8,700 | ||||||
| Friends of St Pauls | 261905 | 283,000 | ||||||
| Gesher Trust | 1160465 | 25,000 | ||||||
| Greenhouse Sport |
1098744 | 48,000 | ||||||
| Highgate School |
312765 | 150,000 | ||||||
| Holocaust Education |
1092892 | 12,500 | 12,500 | |||||
| Imperial War Museum |
1136034 | 250,000 | ||||||
| Jewish Care | 802559 | 100,000 | ||||||
| Jewish Lads' And Girls' Brigade |
286950 | 50,000 | ||||||
| Jewish Music Institute | 328228 | 10,000 | ||||||
| JW3 Development | 1156248 | 19,302 | ||||||
| Maggie's | SC024414 | 500,000 | ||||||
| Migration Museum Project |
1153774 | 15,000 | ||||||
| New English Ballet Theatre | 1137943 | 20,000 | ||||||
| Nightingale Hammerson |
207316 | 666,667 | ||||||
| Norwood Ravenswood |
1059050 | 35,000 | 70,000 | |||||
| Roundhouse Trust |
1071487 | 50,000 | ||||||
| Royal Academy of Arts | 1067270 | 25,000 | ||||||
| Royal Marsden | 1095197 | 250,000 | ||||||
| Royal Opera House | 211775 | 200,000 | ||||||
| Sadlers Wells Trust | 279884 | 150,000 | ||||||
| Carried Forward |
1,265,500 | 2,145,169 |
| 4 | Donations payable (continued) |
Donations payable (continued) |
Charity | Number | 2021 | 2020 |
|---|---|---|---|---|---|---|
| E | E | |||||
| Brought forward | 1,265,500 | 2,145,169 | ||||
| Solutions Not Sides |
1114114 | 10,000 | ||||
| Theatre Royal Stratford |
262259 | 20,000 | ||||
| Work Avenue | 1164762 | 10,000 | ||||
| Donations of E5,000 or less | 36,500 | 34,350 | ||||
| 1,302,000 | 2,219,519 | |||||
| 5 | Support Costs | 2021 | 2020 | |||
| E | E | |||||
| Accountancy fees |
9,600 | 18,600 | ||||
| - prior year overprovision | (7,200) | |||||
| Consultancy Fees |
67,795 | 67,795 | ||||
| Independent Examiners Fees |
1,020 | 1,008 | ||||
| 78,415 | 80,203 | |||||
| 6 | Investments | |||||
| Charities Properties Fund |
2021 | 2020 | ||||
| Market value at 6 April 2020 | 3,157,560 | 3,240,094 | ||||
| Realised gains / (losses) |
on disposals | |||||
| Movement in unrealised |
valuation | (52,271) | (82,534) | |||
| Total Gains/(losses) | (52,271) | (82,534) | ||||
| Market value at 5 April | 2021 | 3,105,289 | 3,157,560 | |||
| Historical cost at 5 April | 2021 | 3,000,000 | 3,000,000 |
| Veritas Investment Management |
Veritas Investment Management |
2021 | 2020 | |||
|---|---|---|---|---|---|---|
| Market value at 6 April 2020 | 2,801,684 | 2,927,631 | ||||
| Acquisition cost in the year |
831,143 | 550,048 | ||||
| Proceeds from disposals in the year |
(1,327,272) | (556,414) | ||||
| (496,129) | (6,366) | |||||
| Realised gains on disposals |
233,712 | (80,546) | ||||
| Movement in unrealised valuation |
535,826 | (39,035) | ||||
| Total Gains/(losses) | 769,538 | (119,581) | ||||
| Market value of investments | at 5 April 2021 | 3,075,093 | 2,801,684 | |||
| Portfolio cash | 108,792 | 162,130 | ||||
| Portfolio value at 5 April 2021 | 3,183,885 | 2,963,814 | ||||
| Historical cost at 5 April 2021 | 2,505,796 | 2,768,713 | ||||
| 7 | Cash at bank and in hand | 2021 | 2020 | |||
| E | E, | |||||
| Barclays Wealth Charity Saver | 197,557 | 1,172,685 | ||||
| Barclays Wealth Current account | 50,000 | |||||
| Lloyds Bank account | 541 | 541 | ||||
| 198,098 | 1,223,226 | |||||
| 8 | Creditors: Amounts falling due within one |
year | 2021 | 2020 | ||
| E | E | |||||
| Accountancy Fees |
400 | 7,800 | ||||
| Investment Manager Fees |
10,350 | 8,870 | ||||
| Independent Examiners Fees |
1,020 | 1,008 | ||||
| Consultancy Fees |
33,897 | 16,949 | ||||
| Donations payable |
498,097 | 613,096 | ||||
| 543,764 | 647,723 |
| E900,000 | to | British Academy of Film Television | British Academy of Film Television | Et Arts (BAFTA) | - E318,455 donated at 5 April 2021 |
|---|---|---|---|---|---|
| E180,000 | to | Cygnet School | - E60,000 donated at 5 April 2021 | ||
| E500,000 | to | Maggies | - E166,667 donated at 5 April 2021 | ||
| E150,000 | to | Highgate | School | - E42,858 donated at 5 April 2021 | |
| f150,000 | to | Sadlers | Wells Trust | - E100,000 donated at 5 April 2021 | |
| 2300,000 | to | Prince's | Trust | - E100,000 donated at 5 April 2021 |