2020-08-31-accounts - Mary Lidstone Trust

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Report ofthe Trustees		I	to	2
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial Statements		6	to	10
Detailed Statement ofFinancial Activities

				2020	2019
		Unrestricted	Endowment	Total	Total
		fund	fund	funds	funds
	Notes
FIXEDASSETS
Investments			1,876,128	1,876,128	2,054,107
CURRENT ASSETS
Debtors Cash at bank		3,245 145,399	93,246 18,576	96,491 163,975	55,384 137,115
		148,644	111,822	260,466	192,499
CREDITORS
Amounts falling due within one year		(1,056)		(1,056)	(2,030)
NET CURRENT ASSETS		147,588	111,822	259,410	190,469
TOTAL ASSETSLESSCURRENT
LIABILITIES		147,588	1,987,950	2,135,538	2,244,576
NET ASSETS		147,588	1,987,950	2,135,538	2,244,576
FUNDS
Unrestricted funds Endowment funds				147,588 1,987,950	121,471 2,123,105
TOTAL FUNDS				2,135,538	2,244,576

INVESTM
	2020	2019
Investment income Deposit account interest	60,454 36	71,336 38
	60,490	71,374

Investme	nt management costs
		2020	2019
Portfolio	management	16,492	16,517

There were no tr 31 August 2019.	ustees' expenses paid for the year ended 31 August 20	ustees' expenses paid for the year ended 31 August 20	20 nor for th	e year ende
COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Endowment	Total
		fund	fund	funds
INCOME AND ENDOWMENTS FROM
Investment income		71,374		71,374
EXPENDITURE ON
Raising funds			16,517	16,517
Charitable activities
Grant making		56,526		56,526
Total		56,526	16,517	73,043
Net gains/(losses) on	investments		(5,777)	(5,777)
NET INCOME/(EXPENDITURE)		14,848	(22,294)	(7,446)
RECONCILIATION	OF FUNDS
Total funds brought	forward	106,623	2,145,399	2,252,022
TOTAL FUNDS CARRIED FORWARD		121,471	2,123,105	2,244,576

for t	he Year Ended 31Au ust 2020	he Year Ended 31Au ust 2020
6.	FIXEDASSETINVESTMENTS
					Listed
					investments
	MARKET VALUE
	At 1 September 2019				2,054,107
	Additions				458,838
	Disposals Revaluations				(536,476) (100,341)
	At 31August 2020				1,876,128
	NET BOOK VALUE
	At 31August 2020				1,876,128
	At 31August 2019				2,054,107
	There were no investment	assets outside the UK.
7.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
				2020	2019
	Funds with stockbroker			70,733	36,788
	Funds with stockbroker			25,758	18,596
				96,491	55,384
S.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2020	2019
	Other creditors			1,056	2,030
9.	MOVEMENT IN FUNDS
				Net
				movement	At
		At 1.9.19		m funds	31.8.20
	Unrestricted funds
	General fund		121,471	26,117	147,588
	Endowment funds
	Capital Fund	2,123,105		(135,155)	],987,950
	TOTAL FUNDS	2,244,576		(109,038)	2,135,538

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		71,374	(56,526)		14,848
Endowment	funds
Capital Fund			(16,517)	(5,777)	(22,294)
TOTAL FUNDS		71,374	(73,043)	(5,777)	(7,446)

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		131,864	(90,899)		40,965
Endowment	funds
Capital Fund			(33,009)	(124,440)	(157,449)
TOTAL FUNDS		131,864	(123,908)	(124,440)	(116,484)

for the Year Ended	31 Au	ust 2020
			2020	2019
INCOME AND ENDOWMENTS
Investment income
Investment income Deposit account interest			60,454 36	71,336 38
			60,490	71,374
Total incoming resources			60,490	71,374
EXPENDITURE
Investment management		costs
Portfolio management			16,492	16,517
Charitable activities
Grants to individuals			32,800	55,000
Support costs
Governance costs
Independent examination			180	180
Accountancy			862	840
Insurance			531	506
			1,573	1,526
Total resources expended			50,865	73,043
Net income/(expenditure)		before gains and
losses			9,625	(1,669)
Realised recognised	gains	and losses
Realised gains/losses	on fixed asset investments		(18,322)	15,515
Net (expenditure)/income			(8,697)	13,846