2021-03-31-accounts - Leicestershire, Leicester And Rutland Community Foundation

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			PAGE
Reference and administrative		details
Trustees Report			2-9
Independent Auditor's	Report		10-13
Statement of Financial	Activities
Balance Sheet			15
Statement of Cash Flows			67
Notes to the accounts			17-31

		Note	Unrestricted	Restricted	Endowment	Total	Total
			Funds	Funds	Funds	2021	2020
Income and endowments	from					f.	6
0onations and legacies			34,788	221,051	26,572	282,411	93,140
Investment income			2,335		106,468	108,803	117,816
Charitable activities			43,807	1,444,469	104,300	1,592,576	627,612
Other			4,000	5,000		9,000	3,708
Total inmme and endowments			84,930	1,670,520	237,340	1,992,790	842,276
Expenditure on
Raising funds			44,250	1,079		45,329	51,883
Charitable activities			52,277	1,617,527		1,669,804	638,786
Totalexpenditure			96,527	1,618,606		1,715,133	690,669
Net gains/(losses) on investments		15	231		645,119	645,350	(174,175)
Net inmme/(expenditure)			(11,366)	51,914	882,459	923,007	(22,568)
Transfers between funds		20/21	57,527	72,567	(130,094)
iset movements offunds			46,161	124,481	752,365	923,007	(22,568)
Reconciliation offunds
Total funds brought forward			63,398	304,584	2,594,913	2,962,895	2,985,463
Total funds carried forward				. 65	3,34 . 78	3.68,96»,96, 95

				2021		2020
			Note			6
FaceAssets
Tangible assets			14		826		824
Investments			15		3,441,962		2,689,385
					3,442,788		2,690,209
Current Assets
Debtors			16	1,325		1,735
Cash atbank and in		hand		492497		374,889
				493.922		376,624
Liabigties
Creditors: amounts		fa 1 ling
due within one year			17	(50A08)		(103,938)
Net Current	Assets				443,114		272,686
					3,885,902		29623!95
Total Assets	less Current Uabl8tles				3,885,902		2362895
Funds
Unrestricted	funds		19		209459		63/98
Restricted funds			20		429,065		304&gn
Endowment	fund		21		3347.278		ZS94,913
Total Funds					3,885902		2,962+95

			2021	2020
		Note	f	f
Cash flow from operating activities		22	116,762	130,995
Cash flow from investing activities
Interest and dividends			108,803	117,816
Payments to acquire tangible	fixed assets		(630)
Payments to acquire investments			(126,217)	(88,802)
Proceeds from sale ofinvestments			18,990	24,227
Net cash flow from investing activities			946	53,241
Net increase/(decrease) in	cash and cash equivalents		117,708	184,236
Cash and cash equivalents	at 1April 2020		374,889	190,653
Cash and cash equivalents	at31March 2021		492,597	374,889
Cash and cash equivalents	consists of:
Cash at bank and in hand			492,597	374,889
Cash and cash equivalents	at31March 2021		492,997	974,889

2. DONATIONS AND LEGACIES	2. DONATIONS AND LEGACIES	2. DONATIONS AND LEGACIES	2021	2020
			E	E
Donations (including	gift aid receivable)		282,411	93,140
			282,411	93,140
Oftotal income from	donations	and legacies 634 788(20206105)was unrestricted,		6221051(2020673607)
was restricted and f26,572(2020:f19,428) was endowment.
3. INVESTMENT INCOME			2021	2020
			E	E
Bank interest received			277	457
Dividends from listed	investments		108,526	117,359
			108,803	117,816

Grants received		2021	2020
Restri cted Funds:		6	6
DCMS Fund		283,910
LLR Coronavirus	Fund	25,700
Mars			6,438
Women in Philanthropy			10,000
Building Stronger	Britain Together	7,574	238,562
Tampon Tax		131	55,380
NETCovid 19		747,476	50,000
Other Expendable	Funds	379,678	154,773
		1,444,469	515,153
Unrestricted		43,807	45,170
Endowment Funds		104,300	67,289
Tata I ofgrants received		1,592,576	627,612

				2021	2020
				6	6
HMRC	Employment	Al	Iowa nce	4,000	3,000
Grant	return (restricted		funds)	5,000	708
				9,000	3,708

Raising funds	Unrestricted	Restricted	Endowment	Total	Unrestricted	Restricted	Endowment	Total
	funds	funds	funds	2021	funds	funds	funds	2020
	E	E	E	E	E	f	E	f
Staff costs	42 rt56			42,956	47,055			47,055
Advertising and promotion	1,294			1,294	4,311			4,311
Office, premises andIT		1,079		1,079		424		424
Travel expenses						93		93
	44,250	1,079		45,329	51,366	517		51,883

Charitable act	hd	ties
			Unrestricted	Restricted	Endowment	Total	Unrestrided	Restricted	Endowment	Total
			funds	funds	funds	2021	funds	funds	funds	2020
			f	f	f	f	E	E	E	E
Grants (see note 10)				1,535,571		1,535,571		533,209		533,209
Staff costs				77,812		77,812		46,174		46,174
Office, premises		and IT	11,073	30		11,103	16,958	2,507		19,465
Travel expenses			108			108		4,044		4,044
Professional	fees		4,117			4,117
Depreciation			628			628	466			466
Support costs	- see note 8		36,351	4,114		40,465	45,830	(10,402)		35,428
			52,277	1,617,527		1,669,804	63,254	575,532		638,786
8. ANALYSIS OF SUPPORT			COSTS
Governance		costs			2021	2020
					E	f
Staff costs					34,603	29,355
Trustees expenses					822	1,033
Audit and	aceounta ncY				5,040	5,040
					40,465	35,428

		Umastrided	Umastrided	htmsrrirB	Bmearch	leicmlenhim	UB	DCAB	Builrlnda	IUarnenin	BEI	UBCF -	Ole	Tomh
			funds	Impact	preled	Fmri		Fund	Slrmler	Flitenthmpy	enid	Tampan	Ixpendahle	1011
							Fund		Britain		29	Tm	Funrh
									Traelhr
Grants						5,0I5	62097	259,410	0,702	6,097	760,174		429,566	1535,571
Staffcosts			73,4I5	24A93	3,IU2			14,500			14,901	01	24,ai9	155,371
Aduertisin4 and
premodon														1&I
Office pmmises	and IT		11,83										1,Ã1	12102
Tmml expenses														300
Depredation
Trustees expenses
Consultancy			3,365											3,365
Oualityacrredtatron			752											nil
Audithaccountancy			5,040											5,D40
			%527	24093	3,032	5445	I218	273910	12702	6,139	775OTS	131	455076	1715,133
10.GRANTS TO0RGANISATIONS									2021		2020
												E
DCMS Fund									259,410
Leicestershire		Fund							5,445		25,890
LLR Coronavirus		Fund							62,097
Tampon Tax											52,384
Women in	Philanthropy								6,097		23,353
NET Covid	19Fund								760,174
Building a	Stronger		Britain	Together					12,782		221,197
Other Expendable			Funds						429,566		210,385
									1,535,571		533,209

Total staff numbers	Total staff numbers	2021	2020
		6	6
Salaries and wages		113,590	103,812
Contractworker	fees	22,040	1,992
Social security	costs	10,760	8,670
Pension costs		8,981	8,110
		155,371	122,584

	Computer	Office
	Equipment	Furniture	Total
	6
Cost
At 1April 2020	5,424	712	6,136
Additions	630		630
Disp os a Is
Adjustment
At 31March 2021	6,054	712	6,766
Depreciation
At 1Apri I 2020	4,752	560	5,312
Charge for the year	605	23	628
Eliminated on disposal
At31March 2021	5,357	583	5,940
Net book value
At31March 2021			826
At31March 2020	672	152	824

				E
Market value at 1		April 2020		2,689,385
Additions				126,217
Disposal	proceeds			(18,990)
Net investment gains/(I osses)				645,350
Marketvalueat31		March 2021		3,441ri62
Historical	costat 31March 2021			2,496,429
Investments are represented			by:
UK fixed	interest investments			84,714
Property				261,046
Structural	products			3,096,202
				3,441,962

COIF	Charities	Global Equity Fund		50.61%
M&G	Charifund			21.75%
COIF	Charities	Ethical Investment	Fund	7.43%
COIF	Charities	Property Fund		6.74%

	2021	2020
	f	f
Accrued income	1,325	1,735
Other debtors
	1,325	1,735

	2021	2020
Trade creditors
Accruals	5,928	5,928
Deferred grant income (see note 18)	41,666	83,333
Other creditors	3,214	14,677
	50.000

					2021	2020
					f	f
Deferred	grant	income		brought forwa rd	83,333	1,444
Amount	released		to income		(41,667)	(1,444)
Amount	deferred		in year			83,333
					.666	8,

19. FUNDS
	Unrestricted	Restncted	Endowment	Total Funds
	Funds	Funds	Fund	2021
				f
Tangible fixed assets	826			826
In vestments	84,784		3,357,178	3,441,962
Net current assets	23,949	429,065	(9,900)	443,114
	III0,5	.	3.347.278

		At 1April				At 31March
		2020	Income	Expenditure	Transfers	2021
				(note 9)
				E
Measuring Impact		24,893		(24,893)
Comic Relief (Large Grants)		1,812				1,812
Comic Relief(Local	Communities)	839				839
Leicestershire Fund		27,594		(5,445)	1,464	23,613
Mars		7,719				7,719
Research project		3,032		(3,032)
Women in Philanthropy		10,207	15,070	(6,140)	1,265	20,402
Building a Stronger	Britain Together	3,801	8,336	(12,782)		(645)
UKCF - Tampon Tax			131	(131)
NETCovid		47,500	747,476	(775,075)		19,901
DCMS			283,910	(273,910)		10,000
LLRCoronavirus Emergency Support			88,020	(62,123)		25,897
Other Expendable	Funds	177,187	527,577	(455,075)	69,838	319,527
		304,584	1,670,520	(1,618,606j	72,567	429,065

							At 1	Income	Gains/(losses)	Transfem	At 31
							April		on investments		March
							202D				2021
							6	E	E	E	E
The Arts Fund							3,339	149	876	(160)	4,204
Apex Works Fund							38,333	1,415	10,146	(1,415)	48,479
Richard Bonney Fund							13,225	1,785	2,614	(365l	17,259
SirTimothy Brooks Fund							124,349	5,433	30,826	(5,940)	154,668
Byrch's Charity Fund							57,557	2,140	15,291	(2,149)	72,839
Children on the Edge
(formerlyApopted Childrens						Fund)	169,323	7,006	44,984	(7,733)	213,580
City ofLeicester Education					Fund		180,063	6,649	47,525	(6,649)	227,588
Sheila CoHard Fund							5,633	247	1,484	(282)	7,082
William Colton Youth	Sport				Fund		135,201	5,018	36,937	(6,604)	170,552
DesorFoundation							1,049	39	277	(39)	1,326
Bobby Oh an)el Foundation							18,610	1,899	4,443	(658)	24,294
Efficient Charitable Portfolio							13,009	489	3,352	(352)	16,498
Hanwil I Fund							68,123	3,949	16,954	(4,639)	84,387
High Sheriff of Rutl and's				Fund			4, J64	176	1,264	(176)	6,028
Hi)l Osborne Fund							43,125	2,361	10,136	(2,311)	53,311
The Hive Foundation	(in		memory
ofGrant Wilkinson)							3,446	133	860	(139)	4,300
Hope Fund							1,436	180	335	(55l	1,896
Huntley & Pal mere Fund								104,300	(2,951)		101,349
Barbara Keene Fund							4,683	288	1,236	(395)	5,812
LABA Heritage Fund							5,575	13,562	1,058	l289)	19,906
Ben lazarus DMU Fund							42,190	1,554	11,264	(1,554)	53,454
Leicestertearning Fund							247,638	9,651	42,033	(9,651)	289,671
Leicesters hire Fund							27,008	1,869	8,026	(2,196)	34,707
Leicesters hire Police	Chief
Constable's Chaditable		Trust					33,358	1,214	8,784	(1,214)	42,142
Jamie Lewis Fund							15,247	694	4,014	(757)	19,198
Lord Lieutenant's Fund		for
Leicestershire &Rutland							9,919	450	2,126	(438)	12,057
LRCF Endowment Fund							157,607	6,804	39,668	(7,349)	196,730
Market Overton Pa rochi el				Fund			10,707	394	2,823	(394)	13,530
lan &Caroline McAlpine			Fund				152,480	6,510	39,067	(6,510)	191,547
Meggitt Trust Fund							85,235	4,666	20,033	(4,568)	105,366
Mental Health, WeHbeingand
Learning DisabilitySociel				Enterprise
Fund							2,219	96	567	NSl	2,787
Mukti Foundation							3,668	138	977	(2391	4,644
Neil Murphy Animal Welfare						Fund	26,037	991	7,095	(1,009)	33,114
The Oaktree Fund							44,479	1,640	11,824	(1,640)	56,3D3
Precision Facilities								2,519	(42)	(19)	2,458
Richi Rootr Foundation							2,606	96	690	(96)	3,296
Jean Richmond Memorial				Fund			110,267	3,949	32,734	(3,949)	143,001
Rutl and gr Melton Training				Fund			456,073	16,403	118,060	(35,393)	555,143
John Salmon Fund							130,803	6,994	30,028	(6,994)	160,831
Surviving Winter Fund							4,861	299	1,284	(410)	6,034
Sycamore Fund							14,967	497	3,553	(497)	18,520
Rebecca Winand Fund							52,021	1988	13,324	(1,850)	65,483
Women in Philanthropy							74,679	10,706	19,540	(3,022)	101903
							2,594,913	237,340	645,119	(130,094)	3,347,278

				2021	2020
				6	E
Net income for year				923,007	(22,568)
Deduct interest shown		on investment	activities	(108,803)	(117,816)
Add losses/(gains)	on	investments		(645,350)	174,175
Depreciation oftangible fixed assets				628	466
(Increase)/decrease	in	debtors		410	2,727
(Decrease)/increase	in	creditors		(53,130)	94,011
Net cash flow from	operating activities			»6. 6	1 . 6