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||||Page|
|---|---|---|---|
|Trustees'|report||1-2|
|Statement|oftrustees'|responsibilities||
|Independent
auditor's||report||
|Statement|offinancial|activities||
|Balance sheet||||
|Notes to|the financial|statements|9-17|
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|Trustees||Mr M Muschamp|Mr M Muschamp|Mr M Muschamp||||
|---|---|---|---|---|---|---|---|
|||Mrs KHarwood||||||
|||Mrs P Stafford||||||
|||Mrs K Bromilow MBE||||||
|||Mr C N Calvert||||||
|||MrJ Child||||||
|Charity number||1143116||||||
|Principal address||Rushtons||||||
|||Shorrock|House|||||
|||1 Faraday||Court||||
|||Fulwood||||||
|||Preston||||||
|||Lancashire||||||
|||PR1 9NB||||||
|Auditor||Champion||Accountants||LLP||
|||Unit 2 Olympic Court||||||
|||Whitehills||Business Park||||
|||Blackpool||||||
|||Lancashire||||||
|||FY4 5GU||||||
|Bankers||NatWest pic||||||
|||35 Fishergate||||||
|||Preston||||||
|||Lancashire||||||
|||PR12GU||||||
|Solicitors||Napthens||LLP||||
|||7VAnckley||Square||||
|||Preston||||||
|||Lancashire||||||
|||PR1 3JD||||||
|Investment|advisors|Investec Wealth|||&investment||Limited|
|||Beech House||||||
|||61 Napier||Street||||
|||Shefgeld||||||
|||S118HS||||||
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||||tinrestricted
Endowment|tinrestricted
Endowment|Total|Unrestricted|Endowment|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2021|2021|2021|2020|2020|2020|
|||Notes|5|5|f.||E|6|
|come from:|||||||||
|Investments||2|199,671||199,671|200,830||200,830|
|~E*
Cht|||||||||
|Raising funds||||47,647|47,647||42,059|42,059|
|Charitable
activities||3|244,614||244,614|240,099||240,099|
|Total resources
expended|||244,614|47,647|292,261|240,099|42,059|282,158|
|Net gains/(losses)
investments||on
9||1,222,321|1,222,321||83,185|83,185|
|Net movement|in|funds|(44,943)|1,174,674|1,129,731|(39,269)|41,126|1,857|
|Fund balances|at 1||||||||
|January 2021|||125,923|10,688,327|10,814,250|165,192|10,647,201|10,812,393|
|Fund balances|at|31|||||||
|December 2021|||80,980|11,863,001|11,943,981|125,923|10,688,327|10,814,250|
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||||||2021|2020|
|---|---|---|---|---|---|---|
|||||Notes|F|6|
|Fixed assets|||||||
|Investments||||10|11,561,404|10,362,737|
|Current assets|||||||
|Debtors||||12|24,908|2,200|
|Cash at bank|and|in|hand||391,609|458,193|
||||||416,517|460,393|
|Creditors: amounts|||falling due within||||
|one year||||13|(33,940)|(8,880)|
|Net current assets|||||382,577|451,513|
|Total assets|less current liabilities||||11,943,981|10,814,250|
|Capital funds|||||||
|Endowment||s-|enera||||
|General endowment|||funds||11,863,001|10,688,327|
||||||11,863,001|10,688,327|
|Expendable|endowment||||11,863,001|10,688,327|
|||||14|11,863,001|10,688,327|
|Income funds|||||||
|Unrestricted|funds||||80,980|125,923|
||||||11,943,981|10,814,250|
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|||Unresb icted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2021|2020|
||||f|
|Income|from listed investments|199,599|200,621|
|Charities|Aid Foundation|67||
|Interest|receivable|5|209|
|||199,671|200,830|
##
|||||Charitable|Charitable|
|---|---|---|---|---|---|
|||||Expenditure|Expenditure|
|||||2021|2020|
|||||8|8|
|Bank|Charges|||16|31|
|Grant|funding|ofactivities (see note 6)||232,058|227,588|
|Share|ofgovernance||costs (see note 5)|12,540|12,480|
|||||244,614|240,099|
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|Endowment|Total|
|---|---|
|funds||
|general||
|2021|2020|
||8|
|47,647|42,059|
|47,647|42,059|
|Support|cos|ts|||||||
|---|---|---|---|---|---|---|---|---|
||||SupportGovernance||2021|Support|Governance|2020|
||||COStS|COStS||costs|costs||
||||6|5||5|5|F|
|Audit fees||||2,940|2,940||2,880|2,880|
|Accountancy||&trustee|||||||
|charges||||9,600|9,600||9,600|9,600|
|||||12,540|12,540||12,480|12,480|
|Analysed|between||||||||
|Charitable|activities|||12,540|12,540||12,480|12,480|
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|||||2021
5|2020
f|
|---|---|---|---|---|---|
|Grants to institutions:||||||
|Blackpool Music School||||18,336||
|Boathouse Youth||||26,500||
|Blackpool Carers|Centre|||28,590||
|Magic Club|||||10,000|
|Stanleys
Community
Centre|||||10,000|
|Carnforth
Rangers|||||25,000|
|Ridge Community|Centre||||19,837|
|Circus Starr||||7,607|10,789|
|Aspired
Futures|||||10,000|
|Aiming
Higher||||1,795|10,000|
|Salvation Army Morecambe/La|||ncaster||10,000|
|Homestart
Morecambe|||||10,000|
|Blackpool Carers|Centre||||10,000|
|Lytham StAnnes|RNLI||||10,000|
|Morecambe
RNLI|||||10,000|
|Millhead
Football|||||13,225|
|PDSA||||9,481|10,837|
|Fylde Rugby Community||Foun|dation|7,000|18,700|
|Loynes Specialist|School||||25,000|
|Salvation Army Camforth||||1,800||
|Strawberry
Fields|Training|||8,784||
|Omlet Ltd re RSPCA||||1,725||
|Crag Bank Park||||27,440||
|Easterleigh
Animal Sanctuary||||25,000||
|Boathouse Youth||||25,000||
|Kirkby Lonsdale
Rugby Club||||27,000||
|Bleasdale School||||16,000||
|Blackpool Grand|Theatre||||5,000|
|Fdends ofEast Pines Park|||||9,200|
|||||232,058|227,588|
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|2021|2020|
|---|---|
|Number|Number|
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|Net gains/(|loss|es)
on investments|||
|---|---|---|---|---|
||||Endowment|Endowment|
||||funds|funds|
||||general|general|
||||2021|2020|
||||6|F|
|Revaluation|of|investments|996,379|159,302|
|Gain/(loss)|on|sale ofinvestments|225,942|(76,117)|
||||1,222,321|83,185|
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|Fixed asset investments||
|---|---|
||Listed|
||investments|
||6|
|Cost or valuation||
|At 1 January 2021|10,362,737|
|Additions|824,195|
|Valuation changes|996,379|
|Dieposals|(621,907)|
|At 31 December 2021|11,561,404|
|Carrying
amount||
|At 31 December 2021|11,561,404|
|At 31 December 2020|10,362,737|
##
|11|Financial||instruments|||2021|2020|
|---|---|---|---|---|---|---|---|
||||||||6|
||Carrying|amount of||financial assets||||
||Instruments||measured|at fair value through|profit or loss|11,561,404|10,362,737|
|12|Debtors|||||||
|||||||2021|2020|
||Amounts||falling due|within one year:|||6|
||Other debtors|||||24,908|2,200|
|13|Creditors:||amounts|falling due within one year||||
|||||||2021|2020|
||||||||5|
||Accruals|and deferred||income||33,940|8,880|
##
|14|Endowment|funds|||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Movement|in funds|||||||||Movemsnt|In funds|||||||
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||||||E|||2||5||E|||E|||E||E||E|
|||10,647,201|||(42,058)|||||83,185|10,688,327||||(47,647)|||||1,222,321|11,863,001||
|||10,647,201|||(42,058)|||||83,185|1,068,327||||(47,647)|||||1,222,321|11,863,001||
##
|15|Analysis ofnet assets|Analysis ofnet assets|between funds||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Endowment|Total|Unrestricted|Endowment|Total|
||||funds|funds||funds|funds||
||||2021|2021|2021|2020|2020|2020|
||||6||6||6|8|
||Fund balances at 31||||||||
||December 2021 are||||||||
||represented|by:|||||||
||Investments|||11,561,404|11,561,404||10,362,737|10,362,737|
||Current assets/||||||||
||(liabiliides)||80,980|301,597|382,577|125,923|325,590|451,513|
||||80,980|11,863,001|11,943,981|125,923|10,688,327|10,814,250|
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