##
||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|2|
|Independent
Examiner's|Report||||
|Statement of Financial|Activities||||
|Balance Sheet|||||
|Cash Flow Statement|||||
|Notes to the Cash Flow|Statement||||
|Notes to the Financial Statements||8|to|12|
|Detailed Statement ofFinancial Activities|||13||
##
##
##
##
##
##
##
|||||2021|2020|
|---|---|---|---|---|---|
|||||Unrestricted|Total|
|||||fund|funds|
||||Notes||F|
|INCOME AND ENDOWMENTS||FROM||||
|Donations
and legacies||||170,100|646,001|
|EXPENDITURE ON||||||
|Charitable
activities||||||
|Expenditure
on Charitable|Activities|||227,800|466,410|
|Expenditure
on governance||||11,143|1,353|
|Total||||238,943|467,763|
|Net gains/(losses)
on investments||||(141,875)|(54,740)|
|NET INCOME/(EXPENDITURE)||||(210,718)|123,498|
|RECONCILIATION
OF FUNDS||||||
|Total funds brought forward||||1,911,890|1,788,392|
|TOTAL FUNDS CARRIED|FORWARD|||1,701,172|1,911,890|
|||2021|2020|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes||E|
|FIXEDASSETS||||
|Investments||1,531,182|1,673,057|
|CURRENT ASSETS||||
|Debtors||99,389|99,389|
|Cash at bank||73,350|142,193|
|||172,739|241,582|
|CREDITORS||||
|Amounts
falling due within one year|10|(2,749)|(2,749)|
|NET CURRENT ASSETS||169,990|238,833|
|TOTAL ASSETSLESSCURRENT LIABILITIES||1,701,172|1,911,890|
|NET ASSETS||1,701,172|1,911,890|
|FUNDS||||
|Unrestricted
funds||1,701,172|1,911,890|
|TOTAL FUNDS||1,701,172|1,911,890|
||||2021|2020|
|---|---|---|---|---|
|||Notes|||
|Cash flows from operating|activities||||
|Cash generated
from operations|||(210,718)|78,970|
|Net cash (used in)/provided|by operating|activities|(210,718)|78,970|
|Cash flows from investing|activities||||
|Impairment
offixed asset investments|||141,875|54,740|
|Net cash provided
by investing
activities|||141,875|54,740|
|Change
in cash and cash|equivalents|in|||
|the reporting
period|||(88,843)|133,710|
|Cash and cash equivalents|at the||||
|beginning
ofthe reporting|period||142,193|8,483|
|Cash and cash equivalents|at the end|of|||
|the reporting
period|||73,350|142,193|
##
||RECONCILIATION|RECONCILIATION|OF NET|OF NET|(EXPENDITURE)/INCOME|(EXPENDITURE)/INCOME|TO NET|CASH FLOW|FROM OPERATING|FROM OPERATING|ACTIVITIES|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2021||2020|
||||||||||E|||
||Net (expenditure)/income|||for the reporting||period (as|per the|||||
||Statement|ofFinancial Activities)|||||||(210,718)||123,498|
||Adjustments
for:|||||||||||
||Decrease|in creditors|||||||||(44,528)|
||Net cash|(used in)/provided|||by operations||||(210,718)||78,970|
|2.|ANALYSIS OF CHANGES|||IN NET FUNDS||||||||
|||||||||At 1.4.20|Cash flow|At31.3.21||
||Net cash|||||||||||
||Cash at bank|||||||142,193|(68,843)||73,350|
|||||||||142,193|(68,843)||73,350|
||Total|||||||142,193|(68,843)||73,350|
##
##
##
##
##
||||||Grant||||
|---|---|---|---|---|---|---|---|---|
||||||funding|of|||
||||||activities||Support||
|||||Direct|(see note||costs (see||
|||||Costs|4)||note 5)|Totals|
|||||F|||F||
|Expenditure|on Charitable|Activities|||227,800|||227,800|
|Expenditure|on governance|||7,843|||3,300|11,143|
|||||7,843|227,800||3,300|238,943|
|GRANTS PAYABLE|||||||||
||||||||2021|2020|
|||||||||F|
|Expenditure|on Charitable|Activities|||||227,800|466,410|
|The total grants paid to institutions|||were as follows:||||||
||||||||2019|2017|
|||||||||F|
||||||||884,369|1,302,760|
|SUPPORT|COSTS||||||||
|||||||||Governance|
|||||||||costs|
|||||||||F|
|Expenditure|on governance|||||||3,300|
##
##
##
##
##
|FIXEDAS|SET INVESTMENTS||
|---|---|---|
|||Shares
In|
|||Group|
|||Undertakings|
|Cost at 31|March 2020 and 31 March 2021|2,669,644|
|Impairments|at 31 March 2020|(996,587)|
|Irnpairments|in the year|(141,875)|
|Irnpairments|at 31 March 2021|222138482,|
|Net Book Value|||
|At March 2021||1,531,182|
|At March 2020||1,673,057|
|Year to 31 March 2021||||
|---|---|---|---|
|Income||44,944||
|Charitable
expenditure||(60,403)||
|Net Loss for the period||~18488||
|Tangible
fixed assets||1,145,979||
|Current assets||553,235||
|Current
liabilities||i1188 303322||
|Net assets||1 831182||
|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
|||2021|2020|
|Other debtors||99,389|99,389|
##
##
##
||||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||F|F|
||Other creditors||||||||||2,749|2,749|
|11.|MOVEMENT||IN FUNDS||||||||||
||||||||||||Net||
||||||||||||movement|At|
|||||||||||At 1.4.20|in funds|31.3.21|
|||||||||||F|F||
||Unrestricted||funds||||||||||
||General|fund||||||||1,911,890|(210,718)|1,701,172|
||TOTAL|FUNDS||||||||1,911,890|(210,718)|1,701,172|
||Net movement||in funds,|included|||in|the above|are as follows:||||
||||||||||Incoming|Resources|Gains and|Movement|
||||||||||resources|expended|losses|in funds|
||||||||||F|F||F|
||Unrestricted||funds||||||||||
||General|fund|||||||170,100|(238,943)|(141,875)|(210,718)|
||TOTAL|FUNDS|||||||170,100|(238,943)|(141,875)|(210,718)|
||Comparatives||for movement|||in|funds||||||
||||||||||||Net||
||||||||||||movement|At|
|||||||||||At 1.4.19|in funds|31.3.20|
||||||||||||F|F|
||Unrestricted||funds||||||||||
||General|fund||||||||1,788,392|123,498|1,911,890|
||TOTAL|FUNDS||||||||1,788,392|123,498|1,911,890|
||Comparative||net movement||in|funds,||included|in the above are as follows:||||
||||||||||Incoming|Resources|Gains and|Movement|
||||||||||resources|expended
F|losses
f|in funds
F|
||Unrestricted||funds||||||||||
||General|fund|||||||646,001|(467,763)|(54,740)|123,498|
||TOTAL|FUNDS|||||||646,001|(467,763)|(54,740)|123,498|
##
|A curren|t yea|r 12 months
and prior year 12|months
combined
position is as follow|s:||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.4.19|in funds|31.3.21|
||||F|E|F|
|Unrestricted||funds||||
|General|fund||1,788,392|(87,220)|1,701,172|
|TOTAL|FUNDS||1,788,392|(87,220)|1,701,172|
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||Iesources|expended|losses|in funds|
||||F||F|E|
|Unrestricted||funds|||||
|General|fund||816,101|(706,706)|(196,615)|(87,220)|
|TOTAL|FUNDS||816,101|(706,706)|(196,615)|(87,220)|
##
##
|||2021|2020|
|---|---|---|---|
|||F||
|INCOME AND ENDOWMENTS||||
|Donations
and legacies||||
|Donations||170,100|646,001|
|Total incoming resources||170,100|646,001|
|EXPENDITURE||||
|Charitable
activities||||
|Insurance||7,600||
|Bank charges||243|403|
|Grants to institutions||227,800|466,410|
|||235,643|466,813|
|Support costs||||
|Governance
costs||||
|Accountancy
and legal fees||3,300|950|
|Total resources expended||238,943|467,763|
|Net (expenditure)/income
before gains and||||
|losses||(68,843)|178,238|
|Realised recognised|gains and losses|||
|Realised gains/(losses)|on fixed asset|||
|investments||(141,875)|(54,740)|
|Net (expenditure)/income||(210,718)|123,498|