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||||Unrestricted
funds|Endowment|7 tai F||
|---|---|---|---|---|---|---|
|||Notes|5|E||6|
||||2020|2020|2020|2019|
|INCOME|||||||
|Income from charitable
activities|||||||
|Grants||2a|50,000||50,000|50,000|
|Income from investments||2b||7,920|7,920|35,338|
|Other income|||||||
|Total income|||50.000|7,920|57,920|85,338|
|EXPENDITURE|||||||
|Investment
management|costs|||10,706|10,706|23,329|
|Expenditure
on charitable|adivities|3a|311,490|-|311,490|617,122|
|Total expenditure|||311,490|10,706|322,196|640,451|
|Net income/(expenditure)|before transfers||||||
|between funds|||(261,490)|(2,786)|(264,276)|(555,113)|
|Gross transfers
between|funds||350,000|(350,000)|||
|Net income/(expenditure)|before gains||||||
|and losses on investments|||88,510|(352,786)|(264,276)|(555,113)|
|Net gainer(losses)
on investments||7I&||21,973|21,973|200.909|
|NET MOVEMENT
IN FUNDS|||88,510|(330,813)|(242,303)|(354,204)|
|Fund balances brought
forward|||185,107|815,232|1,000,339|1,354,543|
|Fund balances cerned
forward|||273,617|484419|758036|1000339|
|||||||2020||2020|2019|
|---|---|---|---|---|---|---|---|---|---|
|||||Notes||E||5|5|
|FIXEDASSETS||||||||||
|investments||||||||||
|||||||||I 238 887|I 569 698|
|||||||||I 230 887|I 569,698|
|CURRENTASSETS||||||||||
|Debtors||||||||||
|Cash al bare and in|hand|||||10754|||19958|
|||||||22 101|||96023|
|||||||32855|||115981|
|CREDITORS: Amounts||faS(ng due within one year||10||(345 463)||||
|NET CURRENT LIABILITIES||||||||||
|||||||||(312. 08)|(251 792)|
|Credtlors;
Amounts|Ia0(ng||duo greater than ono year|||||(168.243)|(317567)|
|NET ASSETS||||||||||
|||||||||758,036|1 000,339|
|FUNDS||||||||||
|General
unreslnrned
Endowment
tunes|fund|||12
12||||273.617
404,419|185 107
815232|
|||||||||758,036|1 000339|
|Tne accounts were approved
by Ihe Boartt o(Trustees on
~Lc(4orng+or||||.5........).|f|2/..and signed|by|||
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|||||||Unrestricted
funds|Unrestricted
funds|Endowment
funds|TotalFunds|
|---|---|---|---|---|---|---|---|---|---|
|||||||2019||2019|2019|
||||||||6|E|6|
|INCOME||||||||||
|Grants|||||||50,000||50,000|
|Investment|income||||||4|35,334|35,338|
|Other income||||||||||
||||||||50004|35334|85338|
|EXPENDITURE||||||||||
|Investment|management||costs|||||23,329|23,329|
|Charitable|activities|||||617122|||617122|
|||||||617,122||23,329|640,451|
|Transfer between funds||||||420,000||(420,000)||
|Net gains/(losses)
on investments||||||||200,909|200,909|
|NET MOVEMENT IN FUNDS||||||147,118||207,086|354,204|
|5. STAFF|COSTS|||||||||
|||||||||2020|2019|
|||||||||6|6|
|Salaries||||||||24,422|16,512|
|Pensions||||||||404|283|
|||||||||24,826|16,795|
|No employee||earned over|660,000|(including|taxable benefits but excluding|employer|pension|contributions)|during the|
|year.||||||||||
|The average||number ofemployees||during the|year was as follows'.|||||
|||||||||2020|2019|
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|(a)Valuation ofliste|d in|v|estm|ents|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2020|2019|
||||||||||5|5|
|Market value at 1 January|||2020||||||1,535,249|1,574,610|
|Additions
at cost|||||||||58,285|405,219|
|Disposals at opening|market value||||||||(382,144)|(645,491)|
|Net unrealised
gain/(loss)|||on investment||revaluation||||18,041|200,911|
||||||||||1,229,431|1,535,249|
|Cash held by investment||advisors|||||||9,456|34,449|
|Market value at 31 December||||2020|||||1238887|1569698|
|(b)Total gains/(losses)||on listed invesbnents|||||||||
||||||||||2020|2019|
||||||||||E|6|
|Proceeds from disposal|||||||||386,076|645,489|
|Canying
value ofdisposed|||investments||||||382,144|645,491|
||||||||||3,932|(2)|
|Unrealised
gains/(losses)|||||||||18,041|200,911|
|Total gains/(losses)|||||||||21,973|200,909|
|(c)Analysis
between|listed investments||||||||||
||||||||||2020|2019|
||||||||||8|E|
|UK investments|||||||||1,238,887|880,949|
|Rest ofthe world investments||||||||||688,749|
||||||||||1,238,887|1,569,698|
|The trustees consider|individual|||investment||holdings||in excess of 5'/o ofthe market|value ofthe portfolio to be|material,|
|each ofthe following|holdings|||have a material|||value.||||
||||||||||2020|2019|
||||||||||6|f|
|HSBC Holdings
Pic|||||||||68,193|106,542|
|Scottish 8 Southern
Energy||||||||||105,335|
||||||||||68,193|211,877|
|Investments
where holding|||is less than||5'%%d|ofthe total market value|||1,170,694|1,357,821|
||||||||||1,238,887|1,569,698|
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|Unrestricted|Endowment|
|---|---|
|funds|funds|
|6|6|
|350,000|(350.000)|
|350,000|350,000|
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|9. DEBTORS|||||
|---|---|---|---|---|
||||2020|2019|
||||6|6|
|Prepayments|||10,256|16,431|
|Other debtors|||498|3,527|
||||10,754|19,958|
|10. CREDITORS:|AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
||||2020f|2019
6|
|Trade creditors|||5,868|5,803|
|Accrued educational|expenses||327,713|349,180|
|Other accrued expenses|||11,882|12.790|
||||345.463|367,773|
|11.CREDITORS:|AMOUNTS|FALLING DUE AFTER ONE YEAR|||
||||2020|2019|
||||6|6|
|Accrued educational|expenses||168,243|317.567|
||||168,243|317,567|
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|12. FUNDS|||||||
|---|---|---|---|---|---|---|
||||||Transfer||
||||Brought|Movement|between|Carried|
||||forward
6|in funds
6|fundsf|forward
f|
|Unrestricted|funds||185,107|(261,490)|350,000|273,617|
|Endowmentfunds|||815,232|19,187|(350,000)|484,419|
|Gamed forward|||1.000,339|242,303||758,036|
|Analysis of|movement|In funds|||||
||||Incoming|Outgoing|Gains 8|Movement
in|
||||Resources|Resources|losses|funds|
||||E|E|E|6|
|Unrestricted
funds
Endowmentfunds|||50,000
7,920|(311,490)
(10,706)|21,973|(261,490)
19,187|
||||57,920|322,196|21,973|242,303|
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