2021-04-05-accounts - The Hugh Symons Charitable Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			Page
Report ofthe Trustees		1	to	3
Report ofthe Independent	Auditors	4	to	5
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements		8	to	15

	FORT	HE YEAR	ENDED 5APR	IL 2021
					5.4.21	5.4.20
			Unrestricted	Endowment	Total	Total
			funds	fund	funds	funds
		Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies			42,500		42,500	122,720
Investment income			62,192		62,192	85,499
Total			104,692		104,692	208,219
EXPENDITURE ON
Raising funds				40,791	40,791	40,444
Charitable activities
Direct charitable grants			342,700		342,700	370,312
Other			4,063		4,063	3,470
Total			346,763	40,791	387,554	414,226
Net gains/(losses) on investments				1,114,230	1,114,230	(413,831)
NET INCOME/(EXPENDITURE)			(242,071)	1,073,439	831,368	(619,838)
Transfers between funds		10	186,838	(186,838)
Net movement in funds			(55,233)	886,601	831,368	(619,838)
RECONCILIATION	OF FUNDS
Total funds brought forward			65,936	4,885,401	4,951,337	5,571,175
TOTAL FUNDS CARRIED FORWARD			10,703	5,772,002	5,782,705	4,951,337

				5.4.21	5.4.20
		Unrestricted	Endowment	Total	Total
		funds	fund	funds	funds
	Notes
FIXEDASSETS
Investments			5,772,002	5,772,002	4,885,401
CURRENT ASSETS
Prepayments and accrued income		4,061		4,061	4,572
Cash at bank		24,033		24,033	74,593
		28,094		28,094	79,165
CREDITORS
Amounts falling due within one year		(17,391)		(17,391)	(13,229)
NET CURRENT ASSETS		10,703		10,703	65,936
TOTAL ASSETSLESSCURRENT
LIABILITIES		10,703	5,772,002	5,782,705	4,951,337
NET ASSETS		10,703	5,772,002	5,782,705	4,951,337
FUNDS	10
Unrestricted funds				10,703	65,936
Endowment funds				5,772,002	4,885,401
TOTAL FUNDS				5,782,705	4,951,337

INVESTMENT INCOME
	5.4.21	5.4.20
UK stock exchange - Dividends	37,853	62,109
UK stock exchange - Fixed interest	24,339	22,285
Bank interest		1,105
	62,192	85,499

Direct charitable		grants	were made to 22 (2020 - 38) different	were made to 22 (2020 - 38) different	institutions.	The grants
were made under		the following		categories to the bodies named below:-
					5.4.21	5.4.20
Health and Welfare
British Red Cross					55,000	50,000
MAP					15,000	7,000
Jamie's Farm					10,000
Lewis Manning	Hospice				7,000	2,000
Home Start					4,000
Crisis					2,500	2,500
Fare Share					2,000	7,500
Separated Child						5,000
University ofSheffield						5,000
Crisis at Christmas						2,000
Deafway						2,000
Dream Holidays						2,000
St.John's Ambulance						2,000
1 (4)Other grants		up to K1,000		each	500	3,500
					96,000	90,500
					5.4.21	5.4.20
Overseas Development			and Healthcare
Oxfam					77,500	50,000
Medecins Sans Frontieres					50,000	50,000
Action Aid					22,500	10,000
Christian Aid					9,000	5,000
Gospel ofGrace	Church				8,700
A&ican Promise					7,000	10,000
International Rescue Committee					5,000
Water Aid					5,000
Bhopal Medical	Appeal				2,500	2,000
Mercy Ships					2,500	2,000
UNHCR					2,500
ZANE: Zimbabwe		A National Emergency			2,500
Sight Savers					2,000
Children ofthe Mekong						5,000
Global Greengrants		Funds				5,000
Malaika Kids						5,000
Map Action						5,000
Plan International		UK				5,000
Street Child						5,000

Team Kenya						5,000
Mbeya Pastures						3,912
Microloan Foundation						3,000
Makhad						2,000
Trio Uganda						2,000
Lepra						1,500
0(1)Other grants	up to	X1,000 each				400
					196,700	176,812
					5.4.21	5.4.20
Environmental
WWF					50,000	100,000
Born Free						2,000
0(1)Other grants	up to	K1,000each				1,000
					50,000	103,000
Total grants for	year				342,700	370,312
AUDITORS' REMUNERATION
					5.4.21	5.4.20
Fees payable to the charity's			auditors for the audit ofthe charity's	financial
statements					2,020	1,830
Auditors' remuneration		for	non audit work		1,580	1,500

	NOTES TOTHE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 5APRIL 2021	NOTES TOTHE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 5APRIL 2021	NOTES TOTHE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 5APRIL 2021	NOTES TOTHE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 5APRIL 2021	NOTES TOTHE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 5APRIL 2021
	COMPARATIVES FORTHK STATEMENT OF FINANCIAL ACTIVITIES -continued
				Unrestricted	Endowment	Total
				funds	fund	funds
	Charitable activities
	Direct charitable grants			370,312		370,312
	Other			3,470		3,470
	Total			373,782	40,444	414,226
	Net gains/(losses) on investments				(413,831)	(413,831)
	NET INCOME/(EXPENDITURE)			(165,563)	(454,275)	(619,838)
	Transfers between funds			211,948	(211,948)
	Net movement in funds			46,385	(666,223)	(619,838)
	RECONCILIATION	OF FUNDS
	Total funds brought forward			19,551	5,551,624	5,571,175
	TOTAL FUNDS CARRIED FORWARD			65,936	4,885,401	4,951,337
S.	FIXEDASSETINVESTMENTS
						Listed
						investments
	MARKET VALUE
	At 6April 2020					4,885,401
	Additions					1,506,182
	Disposals					(1,340,982)
	Revaluations including	cash movement				721,401
	At 5 April 2021					5,772,002
	NET BOOKVALUE
	At 5 April 2021					5,772,002
	At 5 April 2020					4,885,401
	There were no investment		assets outside the UK.
	The following investments		have a market value greater then	5%ofthe total portfolio	oflisted investments.
					5.4.21	5.4.20
	iShares Physical Gold					303,230
	Lyxor Core US Tips					290,274
	Threadneedle UK					266,244
	Schroder Gl Sust Grwth				569,767	250,996

Analysis ofinvestments	value
		2021	2020
Equities		4,109,837	2,315,811
Fixed interest securities		1,389,612	2,228,947
Cash held within the investment	portfolio	272,553	340,643
		5,772,002	4,885,401

							5.4.21	5.4.20
Other creditors							17,391	13,229
MOVEMENT IN FUNDS
						Net	Transfers
						movement	between	At
					At 6.4.20	in funds	funds	5.4.21
Unrestricted	funds
Unrestricted	income fund				65,936	(242,071)	186,838	10,703
Endowment	funds
Unrestricted	expendable	endowment		fund	4,885,401	1,073,439	(186,838)	5,772,002
TOTALFUNDS					4,951,337	831,368		5,782,705
Net movement in funds, included			in	the above are as follows:
					Incoming	Resources	Gains and	Movement
					resources	expended	losses	in funds
Unrestricted	funds
Unrestricted	income fund				104,692	(346,763)		(242,071)
Endowment	funds
Unrestricted	expendable	endowment		fund		(40,791)	1,114,230	1,073,439
TOTALFUNDS					104,692	(387,554)	1,114,230	831,368

							Net	Transfers
							movement	between	At
						At 6.4.19	in funds	funds	5.4.20
Unrestricted	funds
Unrestricted	income fund					19,551	(165,563)	211,948	65,936
Endowment	funds
Unrestricted	expendable	endowment		fund		5,551,624	(454,275)	(211,948)	4,885,401
TOTAL FUNDS						5,571,175	(619,838)		4,951,337
Comparative	net movement		in funds, included		in the above are as follows:
						Incoming	Resources	Gains and	Movement
						resources	expended	losses	in funds
Unrestricted	funds
Unrestricted	income fund					208,219	(373,782)		(165,563)
Endowment	funds
Unrestricted	expendable	endowment		fund			(40,444)	(413,831)	(454,275)
TOTAL FUNDS						208,219	(414,226)	(413,831)	(619,838)
A current year 12months		and prior year 12months				combined position is as follows:
							Net	Transfers
							movement	between	At
						At 6.4.19	in funds	funds	5.4.21
Unrestricted	funds
Unrestricted	income fund					19,551	(407,634)	398,786	10,703
Endowment	funds
Unrestricted	expendable	endowment		fund		5,551„624	619,164	(398,786)	5,772,002
TOTAL FUNDS						5,571,175	211,530		5,782,705

				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
Unrestricted	funds
Unrestricted	income fund			312,911	(720,545)		(407,634)
Endowment	funds
Unrestricted	expendable	endowment	fund		(81,235)	700,399	619,164
TOTALFUNDS				312,911	(801,780)	700,399	211,530