| Page | ||||||
|---|---|---|---|---|---|---|
| Report of | the Trustees | 1 | to | 4 | ||
| Report of | the Independent | Auditors | 5 | to | 6 | |
| Statement | of Financial | Activities | ||||
| Balance Sheet | ||||||
| Notes to the Financial | Statements | 9 | to | 14 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Unrestricted | Total | ||||
| fund | funds | ||||
| Notes | E | ||||
| INCOME AND ENDOWMENTS | FROM | ||||
| Investment income |
158,639 | 160,918 | |||
| EXPENDITURE ON | |||||
| Raising funds | 129,805 | 35,530 | |||
| Charitable activities |
|||||
| Grants payable | 75,500 | 77,000 | |||
| Other | 2,160 | 2,160 | |||
| Total | 207,465 | 114,690 | |||
| Net gains on investments | 141,578 | 185,936 | |||
| NET INCOME | 92,752 | 232,164 | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 8,499,315 | 8,267,151 | ||
| TOTAL FUNDS CARRIED FORWARD | 8,592,067 | 8,499,315 |
| BALANCE SHEET 30 November 2020 |
|||
|---|---|---|---|
| 2020 | 2019 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | E | F | |
| FIXEDASSETS | |||
| Investments | |||
| Investments Investment property |
2,946,991 5,512,000 |
2,887,913 5,512,000 |
|
| 8,458,991 | 8,399,913 | ||
| CURRENT ASSETS | |||
| Debtors Cash at bank |
4,068 164,023 |
3,860 124,434 |
|
| 168,091 | 128,294 | ||
| CREDITORS | |||
| Amounts falling due within one year |
10 | (35,015) | (28,892) |
| NET CURRENT ASSETS | 133,076 | 99,402 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 8,592,067 | 8,499,315 | |
| NET ASSETS | 8,592,067 | 8,499,315 | |
| FUNDS | |||
| Unrestricted funds |
8,592,067 | 8,499,315 | |
| TOTAL FUNDS | 8,592,067 | 8,499,315 |
| INVESTMEN | T INCOME | |||
|---|---|---|---|---|
| 2020 | 2019 | |||
| E | ||||
| Rents received | 72,778 | 76,852 | ||
| Royalties | 1,384 | 1,186 | ||
| Dividends | 84,442 | 82,764 | ||
| Deposit account interest | 35 | 116 | ||
| 158,639 | 160,918 | |||
| RAISING FUNDS | ||||
| Investment | management | costs | ||
| 2020 | 2019 | |||
| F | ||||
| Rent collection | 8,180 | 8,186 | ||
| Property repairs |
9,317 | 10,234 | ||
| Maintenance | charges | 3,288 | 3,415 | |
| Insurance | 6,434 | 7,331 | ||
| Council tax | 1,391 | 400 | ||
| Bank charges | 262 | 251 | ||
| Heat and Light | 81 | 68 | ||
| Professional | Fees | 5,852 | 5,267 | |
| Sundry Expenses | 378 | |||
| Surrender of |
Tenancy | 95,000 | ||
| 129,805 | 35,530 | |||
| AUDITORS' | REMUNERATION | |||
| 2020 f |
2019 F |
|||
| Fees payable | to the charity's | auditors for the audit ofthe charity's | ||
| financial statements | 1,800 | 1,800 |
| Unrestricted | |||||
|---|---|---|---|---|---|
| fund | |||||
| INCOME AND | ENDOWMENTS | FROM | |||
| Investment income |
160,918 | ||||
| EXPENDITURE ON | |||||
| Raising funds | 35,530 | ||||
| Charitable activities |
|||||
| Grants payable | 77,000 | ||||
| Other | 2,160 | ||||
| Total | 114,690 | ||||
| Net gains on investments | 185,936 | ||||
| NET INCOME | 232,164 | ||||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 8,267,151 | |||
| TOTAL FUNDS | CARRIED FORWARD | 8,499,315 | |||
| FIXEDASSET INVESTMENTS | |||||
| 2020 | 2019 | ||||
| E | |||||
| Shares | 2,784,491 | 2,737,913 | |||
| Loans | 162,500 | 150,000 | |||
| 2,946,991 | 2,887,913 | ||||
| Additional information |
as follows: | ||||
| Listed | |||||
| investments | |||||
| F | |||||
| MARKET VALUE | |||||
| At 1 December 2019 | 2,737,913 | ||||
| Disposals | (92,986) | ||||
| Revaluations | 139,564 | ||||
| At 30 November | 2020 | 2,784,491 | |||
| NET BOOK VAI | UE | ||||
| At 30 November | 2020 | 2,784,491 | |||
| At 30 November | 2019 | 2,737,913 |
| Other | ||
|---|---|---|
| loans | ||
| At 1 December 2019 | 150,000 | |
| Other movements | 12,500 | |
| At 30 November | 2020 | 162,500 |
| INVESTMENT PROPERTY | |
|---|---|
| FAIR VALUE | |
| At 1 December 2019 | |
| and 30 November 2020 | 5,512,000 |
| NET BOOK VALUE | |
| At 30 November 2020 | 5,512,000 |
| At 30 November 2019 | 5,512,000 |
| 2020 | 2019 | |
|---|---|---|
| E | ||
| Other debtors | 52 | 52 |
| Prepayments | 4,016 | 3,808 |
| 4,068 | 3,860 |
| CREDIT | ORS: AMOU | NTS FALLING DUE WITHIN ON |
E YEAR | |
|---|---|---|---|---|
| 2020 | 2019 | |||
| Accruals | and deferred | income | 11,350 | 16,733 |
| Accrued | expenses | 23,665 | 12,159 | |
| 35,015 | 28,892 |
| MOVEMENT | IN FUNDS | |||
|---|---|---|---|---|
| Net | ||||
| At | movement | At | ||
| 1.12.19 | in funds | 30.11.20 | ||
| Unrestricted | funds | |||
| General fund | 8,499,315 | 92,752 | 8,592,067 | |
| TOTAL FUNDS | 8,499,315 | 92,752 | 8,592,067 |
| Net movement | in funds, includ |
ed in the abo |
ve are as follow | s: | ||
|---|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | |||
| resources | expended | losses | in funds | |||
| F | E | |||||
| Unrestricted | funds | |||||
| General fund | 158,639 | (207,465) | 141,578 | 92,752 | ||
| TOTAL FUNDS | 158,639 | (207,465) | 141,578 | 92,752 | ||
| Comparatives | for movement | in funds | ||||
| Net | ||||||
| At | movement | At | ||||
| 1.12.18 | in funds | 30.11.19 | ||||
| Unrestricted | funds | |||||
| General fund | 8,267,15 I | 232,164 | 8,499,315 | |||
| TOTAL FUNDS | 8,267,151 | 232,164 | 8,499,315 |
| Compar | ative | net movement in fun |
ds, included in the above |
are as follows: | ||
|---|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | |||
| resources | expended | losses | in funds | |||
| f' | ||||||
| Unrestricted | funds | |||||
| General | fund | 160,918 | (114,690) | 185,936 | 232,164 | |
| TOTAL | FUNDS | 160,918 | (114,690) | 185,936 | 232,164 |
| A curren | t yea | r 12months and prior year |
12months combined position is as |
follows: | |
|---|---|---|---|---|---|
| Net | |||||
| At | movement | At | |||
| 1.12.18 | in funds | 30.11.20 | |||
| E | P | ||||
| Unrestricted | funds | ||||
| General | fund | 8,267,151 | 324,916 | 8,592,067 | |
| TOTAL | FUNDS | 8,267,151 | 324,916 | 8,592,067 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| E | |||||
| Unrestricted | funds | ||||
| General fund | 319,557 | (322,155) | 327,514 | 324,916 | |
| TOTAL FUNDS | 319,557 | (322,155) | 327,514 | 324,916 |