## ||Page| |---|---| |Report of the Trustees|1 to 3| |independent Examiner's Report|4| |Statement of Financial Activities|5| |Balance Sheet|6 to 7| |Notes to the Financial Statements|8 to 13| |Detailed Statement of Financial Activities|14| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |
**FOR THE YEAR ENDED 5 APRIL 2021**|||| |---|---|---|---| |||**2021**|2020| |||**Unrestricted**|Total| |||**funds**|funds| ||Notes||| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||10,000|| |Investment income|2|**173,632**|110,640| |Other income||**161**|103| |**Total**||**183,793**|110,743| |**EXPENDITURE ON**|||| |Raising funds|3|**11,845**|3,168| |**Charitable activities**|||| |Payments||**46,047**|65,013| |Other||**14,416**|2,150| |**Total**||**72,308**|70,331| |Net gains/(losses) on investments||**(71,015)**|(92,651)| |**NET INCOME/(EXPENDITURE)**||**40,470**|(52,239)| |**RECONCILIATION OF FUNDS**|||| |**Total funds brought forward**||**1,820,842**|1,873,081| |**TOTAL FUNDS CARRIED FORWARD**||**1,861,312**|1,820,842| ## |**i3ALANCE SHEET**
**5 APRIL 2021**|||| |---|---|---|---| |||**2021**|2020| |||**Unrestricted**|Total| |||funds|funds| ||Notes||| |**FIXED ASSETS**|||| |**Investments**|||| |Investments|6|272,477|340,346| |Investment property|7|**1,280,900**|1,280,900| |||1,553,377|1,621,246| |**CURRENT ASSETS**|||| |Debtors|8|**84,280**|7,069| |Cash at bank||**261,030**|224,027| |||345,310|231,096| |**CREDITORS**|||| |Amounts falling due within one year|9|(37,375)|(31,500)| |**NET CURRENT ASSETS**||**307,935**|199,596| |**TOTAL ASSETS LESS CURRENT**|||| |**LIABILITIES**||**1,861,312**|1,820,842| |**NET ASSETS**||**1,861,312**|1,820,842| |**FUNDS**|11||| |Unrestricted funds||**1,861,312**|1,820,842| |**TOTAL FUNDS**||**1,861,312**|1,820,842| ## ## ## ## ## ## ## ## ## |**2.**
**INVESTMENT INCOME**||| |---|---|---| ||**2021**|2020| |Rents received|**156,795**|88,000| |Other fixed asset invest - Fll|**13,059**|18,030| |Other fixed asset inv - UnFll|**3,213**|4,047| |Deposit account interest|**565**|563| ||**173,632**|110,640| |**RAISING FUNDS**||| |**Investment management costs**||| ||**2021**|2020| |Portfolio management|**11,845**|3,168| ## ## ## ||Unrestricted| |---|---| ||funds| |**INCOME AND ENDOWMENTS FROM**|| |Investment income|110,640| |Other income|103| |Total|110,743| |EXPENDITURE ON|| |Raising funds|3,168| |Charitable activities|| |Payments|65,013| |Other|2,150| |**Total**|70,331| |Net gains/(losses) on investments|(92,651)| |**NET INCOME/(EXPENDITURE)**|(52,239)| |**NOTES TO THE FINANCIAL STATEMENTS - continued**
**FOR THE YEAR ENDED 5 APRIL 2021**|| |---|---| |5.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|| ||Unrestricted| ||funds| |**RECONCILIATION OF FUNDS**|| |**Total funds brought forward**|1,873,081| |**TOTAL FUNDS CARRIED FORWARD**|1,820,842| |**FIXED ASSET INVESTMENTS**|| ||Listed| ||investments| |**MARKET VALUE**|| |At 6 April 2020|**340,346**| |Additions|**3,146**| |Revaluations|**(71,015)**| |At 5 April 2021|**272,477**| |**NET BOOK VALUE**|| |At 5 April 2021|**272,477**| |At 5 April 2020|340,346| |There were no investment assets outside the UK.|| |Cost or valuation at 5 April 2021 is represented by:|| ||**Listed**| ||**investments**| |Valuation in 2021|**272,477**| |**INVESTMENT PROPERTY**|| ||**E**| |**FAIR VALUE**|| |At 6 April 2020|| |and 5 April 2021|**1,280,900**| |**NET BOOK VALUE**|| |At 5 April 2021|**1,280,900**| |At 5 April 2020|1,280,900| ## |**FOR**|**THE YEAR ENDED 5 APRIL 2021**|| |---|---|---| ||**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|| |||**2021**2020| ||Other debtors|**84,280**
7,069| ||**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|| |||**2021**2020| ||Bank loans and overdrafts (see note 10)|**30,900**
30,900| ||Other creditors|**5,875**| ||Accrued expenses|**600**600| |||**37,375**
31,500| |**10.**|**LOANS**|| ||An analysis of the maturity of loans is given below:|| |||**2021**2020| ||Amounts falling due within one year on demand:|| ||Bank overdrafts|**30,900**
30,900| |**11.**|**MOVEMENT IN FUNDS**|| |||Net| |||movement
At| |||At 6.4.20
in funds
5.4.21| ||**Unrestricted funds**|| ||General fund|**570,842**
**40,470**
**611,312**| ||Designated fund|**1,250,000**
**1,250,000**| |||**1,820,842**
**40,470**
**1,861,312**| ||**TOTAL FUNDS**|**1,820,842**
**40,470**
**1,861,312**| ||Incoming
Resources
Gains and
Movement| |---|---| ||resources
expended
losses
in funds| ||£| |**Unrestricted funds**|| |General fund|**183,793**
**(72,308)**
**(71,015)**
**40,470**| |**TOTAL FUNDS**|**183,793**
**(72,308)**
**(71,015)**
**40,470**| ## ## |||Net|| |---|---|---|---| |||movement|At| ||At 6.4.19|in funds|5.4.20| ||E|E|E| |**Unrestricted funds**|||| |General fund|623,081|(52,239)|570,842| |Designated fund|1,250,000||1,250,000| ||1,873,081|(52,239)|1,820,842| |**TOTAL FUNDS**|1,873,081|(52,239)|1,820,842| ||Incoming
Resources
Gains and
Movement| |---|---| ||resources
expended
losses
in funds| ||E
E
E
E| |**Unrestricted funds**|| |General fund|110,743
(70,331)
(92,651)
(52,239)| |**TOTAL FUNDS**|110,743
(70,331)
(92,651)
(52,239)| |||Net|| |---|---|---|---| |||movement|At| ||At 6.4.19|in funds|5.4.21| ||E|E|| |**Unrestricted funds**|||| |General fund|623,081|(11,769)|611,312| |Designated fund|1,250,000||1,250,000| ||1,873,081|(11,769)|1,861,312| |**TOTAL FUNDS**|1,873,081|(11,769)|1,861,312| |
are as follows:||||| |---|---|---|---|---| ||Incoming|Resources|Gains and|Movement| ||resources|expended|losses|in funds| ||E|E|E|E| |**Unrestricted funds**||||| |General fund|294,536|(142,639)|(163,666)|(11,769)| |**TOTAL FUNDS**|294,536|(142,639)|(163,666)|(11,769)| ## ## ## |**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**FOR THE YEAR ENDED 5 APRIL 2021**||| |---|---|---| ||2021|2020| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Grants|**10,000**|| |**Investment income**||| |Rents received|**156,795**|88,000| |Other fixed asset invest - Fll|**13,059**|18,030| |Other fixed asset inv - UnFll|**3,213**|4,047| |Deposit account interest|**565**|563| ||**173,632**|110,640| |**Other income**||| |Royalty payment|**161**|103| |**Total incoming resources**|**183,793**|110,743| |**EXPENDITURE**||| |**Investment management costs**||| |Portfolio management|**11,845**|3,168| |**Charitable activities**||| |Sundries|**110**|| |Grants to institutions|**45,924**|65,000| ||**46,034**|65,000| |**Other**||| |Legal fees|**13,325**|1,070| |Independent examiner's fee|**1,020**|1,020| |Bank charges|**71**|60| ||**14,416**|2,150| |**!Support costs**||| |**Management**||| |1 Sundries|**13**|13| |11-otal resources expended|**72,308**|70,331| |1Net**income**|**111,485**|40,412|