| Page | |||||
|---|---|---|---|---|---|
| Reference and administrative | details ofthe charity, | its Trustees | and advisers | ||
| Trustees' report |
5 | ||||
| Independent auditors' |
report | on the financial statements | 6-10 | ||
| Statement offinancial | activities | ||||
| Balance sheet | 12 | ||||
| Statement of cash flows |
|||||
| Notes to the financial | statements | 14-26 |
| Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2021 | 2021 | 2020 | ||||
| Note | f000 | 5000 | EOOO | |||
| Income from: | ||||||
| Charitable actwities |
560 | |||||
| Investments | 2,608 | 2,808 | 3314 | |||
| Other income | 52 | 52 | 15 | |||
| Tota I income | "..420 | 3,420 | 3.329 | |||
| Expenditure on: |
||||||
| Raising funds | 796 | 796 | 744 | |||
| Charitable activities |
5.774 | 5 774 | 186.352 | |||
| Total expenditure | 6,57i3 | 6 570 | 187096 | |||
| Net expenditure before net gains/(losses) |
on | |||||
| investments | (3.150) | )3 150) | (183767) | |||
| Net gains)(lossesj | on mvestments | 30.127 | 30127 | (14316) | ||
| Net movement in |
funds before other recognised | |||||
| gains | 2697( | 26 c77 | (198.0831 | |||
| Other recognised | gains: | |||||
| Foreign exchange | gainsillossesj | 141 | 141 | |||
| Net movement in |
funds | 2).118 | 27118 | (198053) | ||
| Reconciliation of |
funds: | |||||
| Total funds brought | fonvard | 207 361 | ?07,361 | 405,414 | ||
| Net movement in funds |
27.116 | 27 118 | (198053) | |||
| Total funds carried forward | 234.479 | 234479 | 207 361 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Note | FOOO | EOOO | ||||||
| Fixed assets | ||||||||
| Tangible assets | 1 453 | 1,453 | ||||||
| Hentage assets | 10 | 47 000 | 47 000 | |||||
| Investments | 11 | 147200 | 115568 | |||||
| l5 6s3 | 164 021 | |||||||
| Current assets | ||||||||
| Debtors | 12 | 4 989 | 4.856 | |||||
| Investments | 45 | |||||||
| Cash at bank and in | hand | 34 108 | 38684 | |||||
| 39097 | 43 585 | |||||||
| Creditors amounts |
falhng cue within | one | ||||||
| year | I271 | i | (2451 | |||||
| Net current assets | 38 826 | 43 340 | ||||||
| Total net assets | 234479 | 207 361 | ||||||
| Charity funds | ||||||||
| Unrestn ted funds |
234 479 | 207 361 | ||||||
| Total funds | 234 479 | 207 361 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Note | 8000 | 6000 | ||||||
| Cash flows from operating | activities | |||||||
| Net cash | used in operating |
activities | 18 | (6.065 i | 35202 | |||
| Cash flows from investing | activities | |||||||
| Investment | income | 2 808 | 3,314 | |||||
| Purchase | ol tangible fixed assets |
(103) | ||||||
| Proceeds | from sale of investments | 21.161 | 29 709 | |||||
| Purchase | of investments | (22633, | (57,185) | |||||
| Gain on currency transactions |
1J3 | 30 | ||||||
| Net cash | provided by)(used |
in) investing | activities | 1,489 | (24.235) | |||
| Change in cash and cash |
equivalents | in | the year | (4 576) | 10,967 | |||
| Cash and | cash equivalents | at the beginning | of the year | 38684 | 27,717 | |||
| Cash and | cash equivalents | at the end | of | the year | 34,108 | 38684 |
| Unrestricted | Total | Tot aI | |
|---|---|---|---|
| funds | funds | funds | |
| 2021 | 2021 | 2020 | |
| f000 | FOOO | EOOO | |
| Legacy | 560 | 560 | |
| Paae 16 |
| Unrestricted | Tota I | Total | |||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||
| 2021 | 2021 | 2020 | |||||
| f000 | f000 | f000 | |||||
| Listed | ntvestment | income | —dividends | and niieiest | 2 784 | 7.c84 | 3.215 |
| Bank | and otner | inter. st | 24 | 24 | gg | ||
| 2 808 | 2 808 | 3 314 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | fcinds | |
| 2021 | 2021 | 2020 | |
| EQOO | FOOO | EOOO | |
| Income tax recoveraoie | 3i | 37 | 17 |
| Rent receivable | 15 | 15 | 3 |
| 5 | 57 | 15 |
| Unrestricted | Tota I |
Tota I |
|---|---|---|
| funds | funds | funds |
| 2021 | 2021 | 2020 |
| EOOO | EOOO | EOOO |
| 798 | 795 | 744 |
| Unrestncted | Total | Tota I | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2021 | 2021 | 2020 | ||
| f000 | f000 | EOOO | ||
| Support of Tlie Ramsbury | Manor Foundation | 5 520 | 5 520 | 186078 |
| Other Donations | 254 | 254 | 274 | |
| 5 774 | 5 774 | 186352 |
| Activities | |||||
|---|---|---|---|---|---|
| undertaken | Support | Total | Total | ||
| directly | costs | funds | funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| EOOO | f000 | 6000 | EOOO | ||
| Suppoit of The Ramsbury | Manor Foundation | 5 299 | 221 | 5 520 | 186078 |
| Other Donations | 254 | 254 | 274 | ||
| 5 453 | 2?1 | 5 774 | 186,352 |
| Support of | |||||
|---|---|---|---|---|---|
| The | |||||
| Ramsbury | |||||
| Manor | Total | Total | |||
| Foundation | funds | fi.intls | |||
| 2021 | 2021 | 2020 | |||
| 6000 | 5000 | 6000 | |||
| Insurance | costs | ||||
| Consultancy | fees | 3 I | 3 r | 38 | |
| Sundry expenses | |||||
| Storage costs | 35 | 35 | 35 | ||
| Goveinance | costs | 139 | 139 | 104 | |
| 221 | 22 "I | 192 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| 5000 | EOOO | |||||||
| Fees payable | to the | chanty's | auditor for the audit of ttte chaiity's | annual | ||||
| accounts | including | irrecoverable | VAT | 24 | 24 |
| Freehold | ||
|---|---|---|
| Investment | ||
| property | ||
| EOOO | ||
| Cost or | valuation | |
| At 6 Am | il 2020 | I 453 |
| Revaluations | ||
| At 5 Apnl 2021 | 1 453 | |
| Net book value | ||
| At 5 Apnl | 2021 | 1.453 |
| At 5 Apnl | 2020 | 1 453 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| EOOO | EOOO | |||
| Freehold | property | 1 | 304 | 1 30r- |
| Page 19 |
| 2021 f000 |
2020 f000 |
2019 6000 |
2018 f000 |
2017 f000 |
|||
|---|---|---|---|---|---|---|---|
| Donations received |
|||||||
| Works of art | 121 264 | 61 250 | |||||
| Ramsbury Manor Estate |
28 000 | ||||||
| Manor furniture | contents | and | |||||
| garden items |
37832 | ||||||
| Hentage cars and boats | 6 BBZ | ||||||
| Total additions | 165978 | 28 000 | 61.250 | ||||
| Donations made |
|||||||
| iWorks of art | (135.514) | ||||||
| Ramsbury Mianor |
Estate | (28 000) | |||||
| Manor furniture | contents | and | |||||
| garden items |
(37,832 i | ||||||
| Hentage cars and beats | (6882) | ||||||
| Total disposals | (180.228) | (28 000) |
| 11. | Fixed asset investments | Fixed asset investments | Fixed asset investments | |||
|---|---|---|---|---|---|---|
| Listed | Unlisted | |||||
| mvestments | investments | Total | ||||
| 6000 | 6000 | 6000 | ||||
| Cost or | valuation | |||||
| At 6 Apnl | 2020 | 11 113 | 4 455 | 115568 | ||
| Additions | 22 662 | 22 662 | ||||
| Disposals | , 18 196i | I18,196l | ||||
| Revaluations | 27.167 | 27 157 | ||||
| At 5 Apnl | 202r | l42 745 | 4455 | 'l47 200 | ||
| 12. | Debtors | |||||
| 2021 | 2020 | |||||
| 6000 | FOOO | |||||
| Due within one year | ||||||
| Othei debtors | 4.989 | 4 853 | ||||
| Prepayments and accrued income |
||||||
| 4 98cg | 4.656 | |||||
| 13. | Current | asset investments | ||||
| 2021 | 2020 | |||||
| 6000 | 6000 | |||||
| Unlisted | investments | |||||
| 14. | Creditors: Amounts | falling due within one year | ||||
| 2021 | 2020 | |||||
| 6000 | 6000 | |||||
| Accruals | and deferrocl | income | 271 | 245 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| 8000 | 8000 | |||||||
| Financial | assets | |||||||
| Financial | assets measured | at fair value through | income and expenditure | 38,562 | 43,184 | |||
| Financial | assets that are debt instuments | measured | at amortised cost | 4,952 | 4,841 | |||
| 43 514 | 48 025 | |||||||
| 2021 | 2020 | |||||||
| EOOO | f000 | |||||||
| Financial | liabilities | |||||||
| F nancial | habilities | measured | at amorttsed | cost | (271i | (245) |
| Statement | of | funds | ||||||
|---|---|---|---|---|---|---|---|---|
| Statement | of | funds | -current year | |||||
| Balance at 6 | Transfers | Gains) | Balance at 5 | |||||
| April 2020 | Income | Expenditure | In/otlt | iLosses) | April 2021 | |||
| 6000 | f000 | 6000 | 5000 | 6000 | 6000 | |||
| Designated | ||||||||
| funds | ||||||||
| yyorks of art | 47,000 | 47 000 | ||||||
| Capital | ||||||||
| investment | ||||||||
| fund | 117,213 | 2 808 | (796) | (2,038) | 30,231 | 147,418 | ||
| 164213 | 2,808 | (79c) | f2.038) | 30231 | 194418 | |||
| General funds | 43,148 | 612 | f5,774) | 2 038 | 37 | 40,061 | ||
| Total funds | 207.361 | 3,420 | i6,570) | 30268 | 234479 |
| Statement | offunds | (continued) | |||||
|---|---|---|---|---|---|---|---|
| Statement | offunds | - prior year | |||||
| Balance at | Transfers | Gains( | Balance at | ||||
| 6 | April 2019 | Income | Expenditure | in(out | (Losses) | 5 April 2020 | |
| EOOO | EOOO | EOOO | E.OOO | EOOO | EOOO | ||
| Designated | |||||||
| funds | |||||||
| Works of art | 61.250 | (135.5'l4) | 121,264 | 47 000 | |||
| Capital | |||||||
| investment | |||||||
| fund | 101,696 | 3.314 | (744) | 27,282 | (14335) | 117.213 | |
| 162.946 | 3,314 | ('l36 258) | 148 54o | (14.335) | 164213 | ||
| General funds | 242.468 | 15 | (50838) | (148,546) | 49 | 43,148 | |
| Total funds | 405,414 | (187,096) | (14,286) | 207 361 |
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| designated | general | Total | Total | ||
| funds | funds | funds | funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| f000 | f000 | f000 | f000 | ||
| Tangible | fixed assets | 1.453 | 1 453 | 1.453 | |
| Fixed asset investments | 142,717 | 4,455 | 147 172 | 115.568 | |
| Hernage | assets | 47,000 | 4/ QQQ |
47,QQQ | |
| Current | assets | 4 701 | 34424 | 39,125 | 43 585 |
| Creditors | due within one year | (271) | (271I | (245) | |
| 194,418 | 40,061 | 234 479 | 207,361 |
| Reconciliation of n |
et | movem | ent | in fun | ds | t | o net | cash flow | from | operating | activities | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||||||
| f000 | f000 | |||||||||||
| Net mcome/expend/ture |
for | the | year | (as | per | Statement | of | Fjnanmal | ||||
| Activitjesj | 26 977 | (198,083) | ||||||||||
| Adjustments for: |
||||||||||||
| /Gajns)/losses on /rjv |
stments | (30 127) | 14316 | |||||||||
| Investment nrome |
(2.808) | !3,314) | ||||||||||
| Decrease/(increase) | /n | debtors | (133) | 42,031 | ||||||||
| Increase jn cree/ters |
26 | 46 | ||||||||||
| Donated hentage assets |
180228 | |||||||||||
| Other asset donations | 8 | |||||||||||
| Net cash provided | by/(used | in) | operatmg | activities | (6065) | 35.202 |
| 19. | Analysis | ofcash snd | cash equivalents | ||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| EOOO | f000 | ||||
| Cash in | hand | 29,407 | 32 584 | ||
| Notice deposits | 4 701 | 6.100 | |||
| Total cash and cash | equivalents | 34108 | 38,684 | ||
| 20. | Analysis | ofchanges | in net debt |
| At 6 April | At 5 April | ||||
|---|---|---|---|---|---|
| 2020 | Cash flows | 2021 | |||
| EOOG | EOOO | ||||
| EOOO | |||||
| Cash | at bank and | in hand | 38,684 | H,576) | 34,108 |
| Liquid | investme~ts | 45 | (45) | ||
| 38,729 | (4 621) | 34,108 |