2021-04-05-accounts - The Guy And Elinor Meynell Charitable Trust

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Description ofthe charity's tru	sts
Type of governing document	Trust deed dated 5'" October 2011
How the charity is constituted	Trust
Trustee selection methods	Trustees appointed by existing trustees
Additional governance issues	(Optional information)
You may choose to include additional information, where relevant, about:	The Trust is a registered charity, number 1144221, and is constituted under a trust deed dated 5'" October 2011. The Trust was established by Elinor Wray Meynell seeking to create a lasting legacy on behalf of herself and her late husband for various charitable organisations.
~ policies and procedures adopted for the induction and training oftrustees;	The Trust does not actively fundraise and seeks work desired by the donor through the careful	to continue stewardship		the charitable of its existing
	resources.
~ the charity's organisational
structure and any wi«r network with which the charity	New trustees are appointed by existing trustees and provides for a minimum of three trustees.		the		Trust Deed
works;
~ relationship with any related
parties;
~ trustees' consideration of
major risks and the system
and procedures to manage
them.
	~ ~
Summary ofthe objects ofthe charity set out in its governing document	To advance the education ofthe public in understanding and appreciation of the arts by the provision of such grants and donations for such charitable associations, bodies and organisations as the Trustees in their absolute discretion shall think fit.
	December 2021

Summary ofthe main achievements ofthe charity during the year	Summary ofthe main achievements ofthe charity during the year	The Trustees have continued the support ofthe chosen charities with consideration of specific projects within those organisations to ensure the charity's funds are targeted appropriately.	The Trustees have continued the support ofthe chosen charities with consideration of specific projects within those organisations to ensure the charity's funds are targeted appropriately.
		As noted above the Trustees were pleased to identify the Astor
		Community Theatre as another local project and to support their
		adaptation ofa virtual offering in view ofthe challenges faced by	their
		community as a result ofthe Covid 19Pandemic.

				Receipts and payments	Receipts and payments	Receipts and payments	accounts	accounts		CC~sa
			Forthe period from			To		ul	'
		~	~
			Unrestricted funds		Restricted funds	Endowment funds		Total	funds	Last year
			to	the nearest 6	to ths nearest 6	to the nearest	6	to the nearest 6		to the nearest 6
A1 Recei
Investment Income				45,122					45,122
Sub total (Gross	income for AR)			45,122					45,122
A2 Asset and investment sales,
(seetable).
LGT Vestra Portfolio disposals				810,186					810,168
	Sub total			810,166					810,186
Total receipts				866,288		-	-		855,288
A3Pa ants
Investment Management Fees				38,014					38,014
Trustee and legal fees				17,070					17,070
Charitable donations				81,000					81,000
	Sub total			136.084					136,084
A4 Asset and investment
purchases, (see table)
LGT Vestra Porifollo additions
				768,783					768,783
	Sub total			768,783					788,783
Total payments				904,867			-		904,867
Net ofreceiptsf(payments)				49,579					49,579
A5 Transfers between	funds
A6 Cash funds last year end				139,457					139,457
Cash funds this	year end			69,878					89,878

							~	~		~ ~	~		~ ~
									Unrestricted		Restricted				Endowment
										funds	funds					funds
									io	nearest f	io	naarasl f			io	nearest	f
Bt Cash	funds				LGT Vcsira	LLP Capital a/c				82,810
					LGTVesira	LLP Income a/c				7,268
							Total cash funds			ee,ere
					(sores balances		with receipts and payments
								account(s))
									Unrestricted		Restricted				Endowment
										funds	funds					funds
									to	nearest f	to nearest f				io	nearest	f
B2Other	monetary assets
					Details				Fund lo which asset balan		Cost	(optional)			Current value 0 lional
63Investment		assets			LGT Veslra	LLP Pcrffo)ic			Unrestricted				1,974,309
									Fund to which asset balan		Cost	(optional)			Current value 0 onai
B4Assets retained for				the
charity's	own	use
									Fund to which		Amount dua				When dus
					Details				liabil	relates	0		lone)			anal
B5Liabilities
Signed by one or two trustees behalf of all the trustees				on		Signature				Print	Name				Date of a rove)
										KAREN	METHOLD
										JOHN	BERGER
															December 2021
CCXX RP	nrrni/nfs		/SS)								Iiil	II	D	i r	p D	i	one'I

		Page
Trustees' report		1-2
Independent examiner's	report
Statement offinancial activities
Balance sheet
Notes to the financial statements		6-10

			Unrestricted	Unrestricted	Total	Total
			funds	funds	2021	2020
		Notes	Trust Income Trust Capital 6 f
lngglmfuun'
Investment income			47,872		47,872	59,881
UK tax credits			(518)		(518)	(312)
Overseas tax credits			(2,232)		(2,232)	(2,254)
Total income			45,122		45,122	57,315
Mgggiflh~o
Donations			51,000	50,000	101,000	35,000
Governance costs				54,104	54,104	51,479
Total resources expended			51,000	104,104	155,104	86,479
Net gains/(losses)	on investments			610,226	610,226	(99,829)
Net movement in	funds		(5,878)	506,122	500,244	(128,993)
Fund balances at 6April 2020			91,884	2,645,933	2,737,817	2,866,809
Fund balances at	5April 2021		86,006	3,152,055	3,238,061	2,737,816

	Trust	Trust	Total	Total
	Income	Capital
	fund	fund	2021	2020
Professional fees		15,000	15,000	14,202
Accountancy fees		1,080	1,080	1,080
Bank charges		10	10
Investment manager fees		38,014	38,014	36,197
		54,104	54,104	51,479
Forthe year ended 5April 2020	15,282	36,197		51,479
Net gains/(losses) on investments
			Restricted	Restdcied
			funds	funds
			2021 6	2020f
Revaluation of investments			398,728	(113,360)
Gain/(loss) on sale ofinvestments			211,498	13,531
			610,226	(99,829)
Fixed asset investments
				Unlisted
				investments
Cost or valuation
At 6April 2020				2,631,269
Additions				768,784
Valuation changes				398,728
Disposals				(598,669)
At 5April 2021				3,200,112
Carrying amount
At 05April 2021				3,200,112
At 05April 2020				2,631,269

Analy	sis ofnet assets between funds
			Unrestricted	Restricted	Total
			funds	funds
			8	6
Fund	balances at 5April 2021 are represented	by:
Trust	Capital Fund		3,152,055		3,152,055
Trust	Income Fund		86,006		86,006
			3,238,061		3,238,061