|||Page|
|---|---|---|
|Report ofthe Trustees||1to5|
|Statement
ofTrustees'|Responsibilities||
|Report ofthe Independent
Auditors||7to9|
|Statement of FinancialActivities||10|
|Balance Sheet||11to 12|
|Notes to the Financial|Statements|13to 21|
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|||||||31.3.21|31.3.20|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total funds|Total funds|
|||||funds|funds|||
||||Notes|E|E|E|E|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||27,265|137,468|164,733|143,030|
|Charitable
activities||||||||
|Undertakings
to repay|||||||39,249|
|Investment
income||||120,804|140,716|261,520|266,593|
|Total||||148,069|278,184|426,253|448,872|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|General||||165,344|232,617|397,961|369,225|
|Total||||(17,275)|45,567|28,292|79,647|
|Net gains/(losses)
on|investments|||644,525|826,071|1,470,596|(757,690)|
|NET INCOME/(EXPENDITURE)||||627,250|871,638|1,498,888|(678,043)|
|RECONCILIATION
OF|FUNDS|||||||
|Total funds brought|forward|||3,340,449|3,881,132|7,221,581|7,899,624|
|TOTAL FUNDS CARRIED FORWARD||||3,967,699|4,752,770|8,720,469|7,221,581|
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|||||||31.3.21|31.3.20|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total funds|Total funds|
|||||funds|funds|||
||||Notes|E|f|||
|FIXED ASSETS||||||||
|Tangible assets|||||23,746|23,746|24,146|
|Investments||||3,630,526|4,301,566|7,932,092|6,352,609|
|||||3,630,526|4,325,312|7,955,838|6,376,755|
|CURRENT ASSETS||||||||
|Debtors|||10|5,378||5,378|53,500|
|Cash at bank||||334,795|434,499|769,294|801,784|
|||||340,173|434,499|774,672|855,284|
|CREDITORS||||||||
|Amounts
falling|due within|one year||(3,000)|(7,041)|(10,041)|(10,458)|
|NET CURRENT ASSETS||||337,173|427,458|764,631|844,826|
|TOTAL ASSETS LESSCURRENT LIABILITIES||||3,967,699|4,752,770|8,720,469|7,221,581|
|NET ASSETS||||3,967,699|4,752,770|8,720,469|7,221,581|
|FUNDS|||12|||||
|Unrestricted
funds:||||||||
|General fund||||||3,967,699|3,340,449|
|Restricted funds:||||||||
|Robert Freeman|Master's|Fund||||164,034|137,171|
|Welfare Fund||||||4,588,736|3,743,961|
|||||||4,752,770|3,881,132|
|TOTAL FUNDS||||||8,720,469|7,221,581|
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|Incoming|Resources|||||31.3.21|31.3.20|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|Funds|Funds|
|||||f|E|f|E|
|Voluntary|income|||||||
|Donations||||27,265|137,468|164,733|143,030|
|Investment|income|—Bank interest received|||||450|
|Investment|income|||120,804|135,594|256,398|260,594|
|Robert Freeman
Master's|||Fund||5,122|5,122|5,549|
|||||148,069|278,184|426,253|409,623|
|Income from Charitable|||Activities|||||
|Undertakings
to repay|||||||39,249|
|||||148,069|278,184|426,253|448,872|
|3.|INVESTMENT INCOME|INVESTMENT INCOME|||
|---|---|---|---|---|
||||31.3.21|31.3.20|
||||f|f|
||Investment|income|261,520|266,143|
||Deposit account interest|||450|
||||261,520|266,593|
|||f|f|or th|e yea|r ended|31st March 20|21||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|4.|CHARITABLE ACTIVITIES|COSTS||||||||||
||Charitable
activities|||||||||31.3.21|31.3.20|
||||||||Unrestricted|Restricted||Total|Total|
||||||||Fund|Fund||Funds|Funds|
||||||||f|f||f|E|
||Grants and donations|||||||||||
||Sevenoaks School Music|award|||||||||500|
||Pembroke
College Settlement||||||30,000|||30,000|30,000|
||Arundel
Castle Cricket Foundation||||||10,000|||10,000|10,000|
||Guildhall
School of Music and||Drama||||20,000|||20,000|20,000|
||Riding and Carriage
Driving for the|||Disabled||Barrow||||||
||Farm||||||10,000|||10,000|10,000|
||Sheriffs' and Recorder's|Fund|||||10,000|||10,000|10,000|
||Royal British Legion||||||500|||500|500|
||Clergy Support Trust||||||500|||500|500|
||The London Regiment Welfare Fund||||||2,500|||2,500|2,500|
||St Lawrence Jewry||||||1,000|||1,000|1,000|
||Physics Partners||||||10,000|||10,000|10,000|
||ABFThe Soldiers' Charity||||||1,000|||1,000|1,000|
||The Company of Hackney Carriage|||Drivers'|||||||1,400|
||Charitable
Trust (Magical|Taxi|Tour|Disney)||||||||
||Bobath Centre||||||10,000|||10,000|10,000|
||Mark Evison Foundation||||||10,000|||10,000|10,000|
||St. Paul's Cathedral
Foundation||||||1,000|||1,000|1,000|
||Katherine
Low Settlement||||||10,000|||10,000|5,000|
||Spitalfields
Crypt Trust||||||11,000|||11,000|11,000|
||Welfare fund|||||||||||
||Maintenance
grants|||||||27,300||27,300|25,600|
||Pensions and general
relief|||||||46,575||46,575|45,165|
||One off Grants|||||||15,161||15,161|30,576|
||Welfare Assistance|||||||24,146||24,146|31,489|
||TV Rentals and Licences|||||||7,584||7,584|6,647|
||Christmas
and Birthday Gifts|||||||25,215||25,215|23,659|
||House Insurance|||||||1,169||1,169|952|
||Deprecation
of Buildings||||||||400|400|400|
||Robert Freeman Master's
Fund|||||||||||
||The London
Nautical School||||||||||1,000|
||The Temple Church||||||||||500|
||The Wellington
Trust||||||||||250|
||Irish Guards Association|Benevolent||Account|||||||500|
||Iron Bridge Gorge Museum||||||||||250|
||Sevenoaks School Foundation||||||||||2,500|
||All Hallows
by the Tower||||||||||250|
||Cambs East Guides||||||||750|750||
||Cheveley
Primary School|PT&FA||||||1,000||1,000||
||Co of Pikemen
&Musketeers||Charitable||Trust|||1,000||1,000||
||East Anglian
Air Ambulance||||||||500|500||
||Gurka Welfare Trust||||||||500|500||
||Newmarket
District Scouts Council||||||||750|750||
||||||||137,500|152,050||289,550|304,138|
##
|||||||31.3.21|31.3.20|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||Fund|Fund|Funds|Funds|
|||||f|f|f|f|
|Grants and donations||||137,500|152,050|289,550|304,138|
|Support|costs and governance|||||||
|Auditors'|remuneration|||3,000|3,000|6,000|6,000|
|Investment
management|||fees|19,160|21,607|40,767|5,582|
|Trustees'|indemnity|insurance||626||626|620|
|Administration
fees||||4,600|45,400|50,000|47,292|
|Office costs and bank charges||||458|6,797|7,255|3,052|
|House repairs|||||3,747|3,747|338|
|Sundries|||||16|16|2,203|
|||||27,844|80,567|108,411|65,087|
|Total||||165,344|232,617|397,961|369,225|
##
|Net incom|e/(e|xpenditure|)
is stated after charging/(creditin|g):||
|---|---|---|---|---|---|
|||||31.3.21|31.3.20|
|||||f|f|
|Auditors'|remuneration|||6,000|6,000|
|Depreciation||—owned|assets|400|400|
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|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||f|f|f|
||INCOME AND ENDOWMENTS||FROM||||
||Donations
and legacies|||31,876|111,154|143,030|
||Undertakings
to repay||||39,249|39,249|
||Investment
income|||122,578|144,015|266,593|
||Total|||154,454|294,418|448,872|
||EXPENDITURE ON||||||
||Charitable
activities||||||
||General|||148,702|220,523|369,225|
||Net gains/(losses)
on investments|||(339,110)|(418,580)|(757,690)|
||NET INCOME/(EXPENDITURE)|||(333,358)|(344,685)|(678,043)|
||RECONCILIATION
OF|FUNDS|||||
||Total funds brought|forward||3,673,807|4,225,817|7,899,624|
||TOTAL FUNDS CARRIED FORWARD|||3,348,443|3,881,132|7,221,381|
|8.|TANGIBLE FIXED ASSETS||||||
|||||||Freehold|
|||||||property|
|||||||f|
||COST||||||
||At 1st April 2020 and|31st March 2021||||40,178|
||DEPRECIATION||||||
||At 1st April 2020|||||16,032|
||Charge for year|||||400|
||At 31stMarch 2021|||||16,432|
||NET BOOK VALUE||||||
||At 31st March 2021|||||23,746|
||At 31stMarch 2020|||||24,146|
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|.|FIXED ASSET I|NVEST|M|ENTS||||
|---|---|---|---|---|---|---|---|
||||||||Listed|
||||||||investments|
||||||||f|
||MARKET VALUE|||||||
||At 1st April 2020||||||6,352,609|
||Additions||||||1,037,049|
||Disposals||||||(835,968)|
||Revaluations||||||1,378,402|
||At 31st March|2021|||||7,932,092|
||NET BOOK VALUE|||||||
||At 31stMarch|2021|||||7,932,992|
||At 31st March|2020|||||6,352,609|
||64%ofthe investments|||held were inside the UK.||||
||Cost or valuation
at 31st March 2021 is represented||||by:|||
||||||||Listed|
||||||||investments|
||||||||f|
||Valuation
as at 2021||||||2,610,337|
||Cost||||||5,321,755|
||||||||7,932,092|
||Revaluations|||||||
|||||||31.3.21|31.3.20|
|||||||f|f|
||Realised investment||gains|||92,194|64,085|
||Unrealised
gains / (losses)|||||1,378,402|(821,775)|
|||||||1,470,596|(757,690)|
|10.|DEBTORS:AMOUNTS|||FALLING DUE WITHIN ONE|YEAR|||
|||||||31.3.21|31.3.20|
|||||||f||
||Other debtors|||||5,378||
||Prepayments|and accrued income|||||53,500|
|||||||5,378|53,500|
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|CREDITORS: AMOUNT|S
FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|
|||31.3.21|31.3.20|
|||E||
|Trade creditors||4,041||
|Accruals and deferred|income|6,000|10,458|
|||10,041|10,458|
##
|MOVEMENT|IN|FUNDS|||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement
in||
|||||At 1.4.20|funds|At 31.3.21|
|||||f|f|E|
|Unrestricted|funds||||||
|General fund||||3,340,449|627,250|3,967,699|
|Restricted funds|||||||
|Robert Freeman||Master's|Fund|137,171|26,863|164,034|
|Welfare Fund||||3,743,961|844,775|4,588,736|
|||||3,881,132|871,638|4,752,770|
|TOTAL FUNDS||||7,221,581|1,498,888|8,720,469|
|||||Incoming|Resources|Gains and|Movement
in|
|---|---|---|---|---|---|---|---|
|||||resources|expended|losses|funds|
|||||E|E|E|E|
|Unrestricted|funds|||||||
|General fund||||148,069|(165,344)|644,525|627,250|
|Restricted funds||||||||
|Robert Freeman||Master's|Fund|5,122|(5,303)|27,044|26,863|
|Welfare Fund||||273,062|(227,314)|799,027|844,775|
|||||278,184|(232,617)|826,071|871,638|
|TOTAL FUNDS||||426,253|(397,961)|1,470,596|1,498,888|
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||||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|---|
||||||resources
f|expended
f|losses
f|in funds
f|
|Unrestricted||funds|||||||
|General|fund||||154,454|(148,702)|(339,110)|(333,358)|
|Restricted funds|||||||||
|Robert|Freeman||Master's|Fund|5,549|(5,363)|(13,208)|(13,022)|
|Welfare|Fund||||288,869|(215,160)|(405,372)|(331,663)|
||||||294,418|(220,523)|(418,580)|(344,685)|
|TOTAL|FUNDS||||448,872|(369,225)|(757,690)|(678,043)|
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