## ## ## ## |||Page| |---|---|---| |Trustees'
annual
report||| |Independent
examiner's
report to the trustees||| |Statement offinancial|activities|| |Statement of financial|position|| |Notes to the financial|statements|| ## ## ## |Registered|charity|name|William
Kenneth|William
Kenneth|Hutchings|Charitable|Trust| |---|---|---|---|---|---|---|---| |Charity registration||number|1136841||||| |Principal office|||Hartford House
Southemhay
Gardens||||| ||||Exeter||||| ||||EX1 1NP||||| |The trustees|||J Hawkins||||| ||||CP Marshall||||| ||||G Marshall||||| |Independent|examiner||Mrs SLWatts
5West Street|FCCA DChA|||| ||||Okehampton||||| ||||Devon||||| ||||EX20 1HQ||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Year ended 30June|202|1|||||| |---|---|---|---|---|---|---|---| ||||||2021||2020| |||||Unrestricted|Endowment||| |||||funds|funds|Totalfunds|Total funds| ||||Note||6|6|F| |Income and endowments
Investment
income|||4|22,287||22,287|25,234| |Total income||||22,287||22,287|25,234| |Expenditure|||||||| |Expenditure
on raising funds:|||||||| |Costs of raising donations
and
legacies
Investment
management
costs
Expenditure
on charitable
activities|||5
6
7|78
6,258
31,916||78
6,258
31,916|78
6,605
29,497| |Total expenditure||||38,252||38,252|36,180| |Net gains on investments|||9|84,517||84,517|(43,364)| |Net expenditure||||68,552||68,552|(54,310)| |Transfers
between
funds||||(76,742)|76,742||| |Net movement
in funds||||(8,190)|76,742|68,552|(54,310)| |Reconciliation
offunds
Total funds brought
forward||||17,260|671,480|688,740|743,050| |Total funds carried forward||||9,070|748,222|757,292|688740| ## ## ## |Statement ofFin
30June 2021|ancial Position|||| |---|---|---|---|---| ||||2021|2020| |||Note|6|| |Fixed assets
Investments||13|748,222|671,480| |Current assets
Cash at bank and in hand|||10,515|20,150| |Creditors: amounts|falling due within one year|14|1,445|2,890| |Net current assets|||9,070|17,260| |Total assets less current liabilities|||757,292|688,740| |Net assets|||757,292|688,740| |Funds ofthe charity
Endowment
funds
Unrestricted
funds|||748,222
9,070|671,480
17,260| |Totalcharityfunds||15|757,292|688,740| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |4.|Investment|income|||||| |---|---|---|---|---|---|---|---| |||||Unrestricted|Total Funds|Unrestricted|Total Funds| |||||Funds|2021
f|Funds|2020| ||Income from|listed investments||22,287|22,287|25,234|25,234| |5.|Costs ofraising donations||and|legacies|||| |||||Unrestricted|Total Funds|Unrestricted|Total Funds| ||Subscriptions|||Funds
f
78|2021
78|Funds
f
78|2020
F
78| |6.|Investment|management|costs||||| |||||Unrestricted|Total Funds|Unrestricted|Total Funds| |||||Funds|2021|Funds|2020| ||||||8|F|| ||Portfolio management|||6,258|6,258|6,605|6,605| ## ## ## ## |7.|Expenditure
on charitable|activities by fund type|activities by fund type|activities by fund type|||| |---|---|---|---|---|---|---|---| ||Grants payable
Support costs||Unrestricted
Funds
6
28,000
3,916
31,916||Total Funds
2021
28,000
3,916
31,916|Unrestricted
Funds
6
26,000
3,497
29,497|Total Funds
2020
26,000
3,497
29,497| |8.|Analysis ofgrants||||||| |||||||2021|2020| |||||||E|E| ||Grants to institutions
WESC Foundation
Exeter Royal Academy for
Living Paintings
SENSE
RSBC|Deaf||||11,500
11,500
1,000
3,000
1,000|12,000
10,000
3,000
1,000| |||||||28,000|26,000| ||Grants to individuals||||||| ||Grants to individuals||||||| ||Total grants|||||28,000|26,000| |9.|Net gains on investments||||||| ||||||Unrestricted|Endowment|Total Funds| ||||||Funds
6|Funds
f|2021
6| ||Gains/(losses)
on listed investments||||84,517||84,517| ||||||Unrestricted|Endowment|Total Funds| ||||||Funds|Funds|2020| ||||||6|E|E| ||Gains/(losses)
on listed investments||||(43,364)||(43,364)| |10.|Independent
examination|fees|||||| |||||||2021|2020| |||||||6|6| ||Fees payable to the independent
Independent
examination
ofthe||examiner for:
financial statements|||1,435|1,445| ## ## ## ## ## ## ## |Investments|| |---|---| ||Listed| ||investments| |Cost or valuation
At 1 July 2020
Additions
Disposals
Fair value movements|671,480
41,246
(51,221)
86,717| |At 30June 2020|748,222| |Impairment
At 1July 2020 and 30June 2021|| |Carrying
amount
At 30June 2021|748,222| |At 30June 2020|671,480| ## |2021|2020| |---|---| |8|E.| |1,445|2,890| ## ## ## ## |Analysis ofcharitab|le
funds||||| |---|---|---|---|---|---| |Unrestricted
funds
General funds|At
1 Jul 2020
f
17,260|Income
f
22,287|Expenditure
f
(38,252)|Transfers
(76,742)|Gains and
At
losses 30 Jun 2021
84,517
9,070| |Endowment
funds
Endowment
Fund|At
1 Jul 2020
671,480|Income
F|Expenditure
f|Transfers
8
76,742|Gains and
At
losses 30Jun 2021
f
8
748,222| ## |Analysis of net as|sets between|funds|||| |---|---|---|---|---|---| |Investments
Current assets
Creditors less than|1 year|Unrestricted
Funds
F
10,515
(1,445)|Endowment
Funds
5
748,222|Total Funds
2021
6
748,222
10,515
(1,445)|Total Funds
2020
F
671,480
20,150
(2,890)| |Net assets||9,070|748,222|757,292|688,740| ##