| Page | |||||
|---|---|---|---|---|---|
| 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 of | Financial Activities |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Total | ||||
| fund | fund | fuilils | funds | ||||
| Notes | |||||||
| PlCOME AND ENDOWMENTS | FROM | ||||||
| [nvestment income |
54,530 | 54,530 | 60,490 | ||||
| EXPENDITURE ON | |||||||
| Raising funds | 16,991 | 16,991 | 16,492 | ||||
| Charitable activities |
|||||||
| Grant making | 56,614 | 56,614 | 34,373 | ||||
| Total | 56,614 | 16,991 | 73,605 | 50,865 | |||
| Net gains/(losses) on |
investments | 277,946 | 277,946 | (118,663) | |||
| NET INCOME/(EXPENDITURE) | (2,084) | 260,955 | 258,871 | (109,038) | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 147,588 | 1,987,950 | 2,135,538 | 2,244,576 | ||
| TOTAL FUNDS CARRIED FORWARD | 145,504 | 2,248,905 | 2,394,409 | 2,135,538 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | ||||||
| FIXEDASSETS | ||||||
| Investments | 2,184,056 | 2,184,056 | 1,876,128 | |||
| CURRENT ASSETS | ||||||
| Debtors | 3,786 | 47,814 | 51,600 | 96,491 | ||
| Cash at bank | 143,852 | 17,035 | 160,887 | 163,975 | ||
| 147,638 | 64,849 | 212,487 | 260,466 | |||
| CREDITORS | ||||||
| Amounts falling due within |
one year | (2,134) | (2,134) | (1,056) | ||
| NET CURRENT ASSETS | 145,504 | 64,849 | 210,353 | 259,410 | ||
| TOTAL ASSETSLESSCURRENT | ||||||
| LIABILITIES | 145,504 | 2,248,905 | 2,394,409 | 2,135,538 | ||
| NET ASSETS | 145,504 | 2,248,905 | 2,394,409 | 2,135,538 | ||
| FUNDS | ||||||
| Unrestricted funds |
145,504 | 147,588 | ||||
| Endowment funds |
2,248,905 | 1,987,950 | ||||
| TOTAL FUNDS | 2,394,409 | 2,135,538 |
| INVESTM | ENT INCOME | ||
|---|---|---|---|
| 2021 | 2020 | ||
| Investment | income | 54,530 | 60,454 |
| Deposit account interest | 36 | ||
| 54,530 | 60,490 |
| 2021 | 2020 |
|---|---|
| 16,991 | 16,492 |
| There were no tr 31 August 2020. |
ustees' expenses paid for the year ended 31 August 20 |
ustees' expenses paid for the year ended 31 August 20 |
21 nor for th |
e year ended |
|---|---|---|---|---|
| COMPARATIVES | FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||
| Unrestricted | Endowment | Total | ||
| fund | fund | funds | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Investment income |
60,490 | 60,490 | ||
| EXPENDITURE ON | ||||
| Raising funds | 16,492 | 16,492 | ||
| Charitable activities |
||||
| Grant making | 34,373 | 34,373 | ||
| Total | 34,373 | 16,492 | 50,865 | |
| Net gains/(losses) on |
investments | (118,663) | (118,663) | |
| NET INCOME/(EXPENDITURE) | 26,117 | (135,155) | (109,038) | |
| RECONCILIATION | OF FUNDS | |||
| Total funds brought | forward | 121,471 | 2,123,105 | 2,244,576 |
| TOTAL FUNDS CARRIED FORWARD | 147,588 | 1,987,950 | 2,135,538 |
| FIXEDASSET INVEST | MENTS | ||||
|---|---|---|---|---|---|
| Listed | |||||
| investments | |||||
| MARKET VALUE | |||||
| At 1 September 2020 | 1,876,128 | ||||
| Additions | 442,618 | ||||
| Disposals | (365,396) | ||||
| Revaluations | 230,706 | ||||
| At 31August 2021 | 2,184,056 | ||||
| NET BOOK VALUE | |||||
| At 31 August 2021 | 2,184,056 | ||||
| At 31 August 2020 | 1,876,128 | ||||
| There were no investment | assets outside the UK. | ||||
| Cost or valuation at 31 August 2021 is represented |
by: | ||||
| Listed | |||||
| investments | |||||
| Valuation in 2021 |
2,184,056 | ||||
| 7. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | ||||
| Funds with stockbroker | 19,262 | 70,733 | |||
| Funds with stockbroker | 32,338 | 25,758 | |||
| 51,600 | 96,491 | ||||
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2021 | 2020 | ||||
| Other creditors | 2,134 | 1,056 | |||
| MOVEMENT IN FUNDS | |||||
| Net | |||||
| movement | At | ||||
| At 1.9.20 | in funds | 31.8.21 | |||
| Unrestricted funds |
|||||
| General fund |
147,588 | (2,084) | 145,504 | ||
| Endowment funds |
|||||
| Capital Fund | 1,987,950 | 260,955 | 2,248,905 | ||
| TOTAL FUNDS | 2,135,538 | 258,871 | 2,394,409 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | |||
| Unrestricted | funds | |||||
| General fund | 54,530 | (56,614) | (2,084) | |||
| Endowment | funds | |||||
| Capital Fund | (16,991) | 277,946 | 260,955 | |||
| TOTAL FUNDS | 54,530 | (73,605) | 277,946 | 258,871 | ||
| Comparatives | for movement | in funds | ||||
| Net | ||||||
| movement | At | |||||
| At 1.9.19 | in funds | 31.8.20 | ||||
| Unrestricted | funds | |||||
| General fund | 121,471 | 26,117 | 147,588 | |||
| Endowment | funds | |||||
| Capital Fund | 2,123,105 | (135,155) | 1,987,950 | |||
| TOTAL FUNDS | 2,244,576 | (109,038) | 2,135,538 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 60,490 | (34,373) | 26,117 | ||
| Endowment | funds | ||||
| Capital Fund | (16,492) | (118,663) | (135,155) | ||
| TOTAL FUNDS | 60,490 | (50,865) | (118,663) | (109,038) |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.9.19 | in funds | 31.8.21 | ||
| Unrestricted | funds | |||
| General fund | 121,471 | 24,033 | 145,504 | |
| Endowment | funds | |||
| Capital Fund | 2,123,105 | 125,800 | 2,248,905 | |
| TOTAL FUNDS | 2,244,576 | 149,833 | 2,394,409 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 115,020 | (90,987) | 24,033 | ||
| Endowment | funds | ||||
| Capital Fund | (33,483) | 159,283 | 125,800 | ||
| TOTAL FUNDS | 115,020 | (124,470) | 159,283 | 149,833 |
| Detailed Statement ofFinancial Activities | Detailed Statement ofFinancial Activities | ||
|---|---|---|---|
| for the Year Ended 31Au | ust 2021 | ||
| 2021 | 2020 | ||
| INCOME AND ENDOWMENTS | |||
| Investment income |
|||
| Investment income |
54,530 | 60,454 | |
| Deposit account interest | 36 | ||
| 54,530 | 60,490 | ||
| Total incoming resources |
54,530 | 60,490 | |
| EXPENDITURE | |||
| Investment management |
costs | ||
| Portfolio management | 16,991 | 16,492 | |
| Charitable activities |
|||
| Grants to individuals | 55,000 | 32,800 | |
| Support costs | |||
| Governance costs |
|||
| Independent examination |
180 | 180 | |
| Accountancy | 900 | 862 | |
| Insurance | 534 | 531 | |
| 1,614 | 1,573 | ||
| Total resources expended |
73,605 | 50,865 | |
| Net (expenditure)/income | before gains and | ||
| losses | (19,075) | 9,625 | |
| Realised recognised gains |
and losses | ||
| Realised gains/losses on fixed asset investments |
47,240 | (18,322) | |
| Net income/(expenditure) | 28,165 | (8,697) |