2020-12-31-accounts - Guildford Poyle Charities

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Trustees				Dr lan Christopher	Dean (Chair of	the Trustees,	Chair from May
				2020)
				Mrs Deborah Drury
				Mr Mike Evans
				Ms Nicola Freeman
				Mr Matthew Gray
				Ms Debbie Hustings
				Mr Barry Marshall	(Deputy Chair from April 2020)
				Mrs Moyra Matravers
				Mr Tim Meston
				Mr Paul Mitchell
				Dr Jonathan Norris
				Mr Gordon Reid (Chair ofFinance		&General Purposes	Committee)
				Mr Tony Rooth
				Mrs Liz Westwood
Charity	number			1145202
Company		number		07867602
Registered			office	208 High Street
				Guildford
				Surrey
				GU1 3JB
Independent			examiner	Stephen Meredith	FCA DChA
				Alliotts LLP
				Friary Court, 13-21 Friary Court
				Guildford
				Surrey
				GU1 3DL

			Page
Trustees' report			1-7
Independent examiner's report
Statement offinancial	activities
Summary income and	expenditure	account	10
Balance sheet			11-12
Notes to the financial	statements		13-24

				Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
				funds	funds		funds	funds
				2020	2020	2020	2019	2019	2019
			Notes		8		E	6	8
Igggmgftgm;
Donattons and legacies			3	13,130		13,130	17,870		17,870
investments			4	15,956	104,233	120,189	54,706	143,824	198,530
Other income			5	120,000	(120,000)		150,000	(150,000)
Total income				149,086	(15,767)	133,319	222,576	(6,176)	216,400
Emsmt(@mum
Raising funds			6	5,548	25,660	31,208	5,756	33,540	39,296
Charitable activities				133,535		133,535	189,202		189,202
Total resources
expended				139,083	25,660	164,743	194,958	33,540	228,498
Net gains/(losses)		on
investments			12	(2,508)	(104,580)	(107,088)	5,488	329,786	335,274
Net movement	in	funds		7,495	(146,007)	(138,512)	33,106	290,070	323,176
Fund balances	at 1
January 2020				103,050	4,664,113	4 767,163	69,944	4,374,043	4,443,987
Fund balances	at	31
December 2020				110,545	4,518,106	4.628,651	103,050	4,664,113	4,767,163

			All income funds
			2020	2019
Gross income			149,086	222,576
(Losses)/gains	on investments		(2,508)	5,486
Total income	in the reporting	period	146,578	228,064
Total expenditure from income funds			139,083	194,958
Net income for the year			7,495	33,106

							2020		2019
						Notes	f		f
Fixed assets
Tangible assets						13		43,062		551,526
Investment	properties					14		557,941		50,000
investments						15		4,017,444		4,164,654
								4,618,447		4,766,180
Current assets
Debtors						17			2,902
Cash at bank		and	in	hand			21,185		32,994
							21,185		35,896
Creditors:	amounts			falling	due within
one year						18	(10,981)		(34,913)
Net current	assets							10,204		983
Total assets		less	current		liabilities			4,628,651		4,767,163
Capital funds
Endowment		funds	- general			19		4,518,106		4,664,113
Income funds
Unrestricted		funds						110,545		103,050
								4,628,651		4,767,163

						Unrestricted	Unrestricted
						funds	funds
						2020	2019
						6	6
Donations	and gifts					13,130	17,870
Investments
		Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
		funds	funds		funds	funds
			general			general
			2020 6	2020f	2019 6	2019 6	2019 6
Rental income		13,450		13,450	40,555		40,555
Income from listed
investments		2,500		2,500	13,898		13,898
Income from listed
investments			104,233	104,233		130,801	130,801
Interest				6	170	13,023	13,193
Service Charge					83		83
		15,956	104,233	120,189		143,824	198,530

			Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
			funds	funds		funds	funds
				general			general
				2020		2019	2019	2019
				E		E	E	E
Released	from
Unapplied	Total	Return	120,000	(120,000)		150,000	(150,000)
Raising funds
			Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
			funds	funds		funds	funds
				general			general
				2020	2020	2019	2019	2019
				E	E	E	E	E
	nd	ii
Investment fees	management		615	25,660	26,275	685	33,540	34,225
Support costs			4,933		4,933	5,071		5,071
			5,548	25,660	31,208	5,756	33,540	39,296

				UnrestrlctedUnrestricted	UnrestrlctedUnrestricted
				Funds	Funds
				2020	2019
				E	E
Grant	funding	ofactivities (see note 8)		95,660	147,596
Share	ofsupport costs (see note 9)			31,905	36,330
Share	ofgovernance		costs (see note 9)	5,970	5,276
				133,535	189,202

									Unrestricted
									Funds
									2020
									6
Grants to organisations		(24 grants):
Burpham Assoaation	Supported				Independent		Living		5,000
CHIPS									750
Church Homeless Trust									4,000
Citizens Advice Waverley									5,000
Delight, Boxof Delight									4,000
Emerge Advocacy									7,500
Guildford Shakespeare		Company							5,600
Headway Surrey									3,000
Oakleaf (2 Grants)									8,500
Salvation Army Housing		Association							500
South West Surrey Association				for Mental		Health		Ltd	5,000
St Catherines National		Probation			Service				1,000
St Saviour's Church									2,500
Stoke Community Support			inconjunction			with	foodwise		7,500
Stonham Home group									450
TALK Surrey CIO									3,000
The Eikon Chanty									5,000
The Halow Project Belong 2020									5,000
The Matnx Trust									6,000
Weyfield Primary Academy									695
YMCA									5,000
Total Grants to organisations									84,995
Grants to individuals									19,861
Grants written back									(9,196)
									95,660

Support costs	Support	Governance	2020	Support	Governance	2019
	costs	costs		costs	costs
	f	f		5	f	6
Staff costs	27,439		27,439	31,122		31,122
Office administrative
expenses	3,974		3,974	5,307		5,30/
Oflice Expenses	3,055		3,055	4,972		4,972
Repairs and renewals	2,370		2,370
Independent Examination		2,244	2,244		1,800	1,800
Accountancy		2,216	2,216		1,780	1,780
Legal and professional		1,510	1,510		1,696	1,696
	36,838	5,970	42,808	41,401	5,276	46,677
Analysed between
Fundraising	4,933		4,933	5,071		5,071
Charitable activities	31,904	5,970	37,874	36,330	5,276	41,606
	36,838	5,970	42,808	41,401	5,276	46,677

The average monthly number ofemployees during	the year was:
	2020	2019
	Number	Number
Employment costs	2020f	2019
Wages and salaries Other pension costs	27,002 437	30,687 435
	27,439	31,122

			Unrestricted	Unrestricted	Endowment	Total	Unrestricted	Unrestricted	Endowment	Total
				funds	funds			funds	funds
					general				general
				2020	2020	2020		2019	2019	2019
				E	E	E		E	6	E
	Revaluation	of
	investments			(2,508)	(104,580)	(107,088)		5,488	299,786	305,274
	Revaluation	of
	investment properties								30,000	30,000
				(2,508)	(104,580)	(107,088)		5,488	329,786	335,274
13	Tangible fitted assets
							Freehold	land	computers	Total
							and bugdlnga		and office
									eoulpment
									E
	Cost
	At 1 January	2020					550,000		1,570	551,570
	Transfer lo investment		property				(507,941)			(507,941)
	At 31 December 2020						42,059		1,570	43,629
	Depreciation	and impairment
	At 1 January	2020							44	44
	Depreciation	charged	in the year						523	523
	At 31 December 2020								567	567
	Carrying amount
	At 31 December 2020						42,059		1,003	43,062
	At 31 December 2019						550,000		1,526	551,526
14	Investment	property
										2020
										E
	Fair value
	At 1 January	2020								50,000
	Transfers from owner-occupied			property						507,941
	At 31 December 2020									557,941

						2020	2019
						E	E
	Freehold					557.941	50,000
	Long leasehold
	Shortleasehold
15	Fixed asset investments
					Listed	Cash in	Total
					investments	portfolio
					E
	Cost or valuation
	At 1 January 2020				4,088,620	76,034	4,164,654
	Additions				655,574	14,044	669,618
	Unrealised Ireahsed	gains (losses)			(107,088)		(107,088)
	Disposals				(709,740)		(709,740)
	At 31 December 2020				3,927,366	90078	4,017,444
	Canying amount
	At 31 December 2020				3,927,366	90,078	4,017,444
	At 31 December 2019				4,088,620	76,034	4,164,654
16	Financial instruments					2020	2019
						E	E
	Carrying amount of	financial assets
	Instruments measured		at fair value through	profit or loss		3,927,366	4,088,620

17	Debtors
				2020
	Amounts falling due		within one year:	0
	Prepayments	and accrued income
18	Creditors: amounts		falling due within one year
				2020
	Accruals and	deferred	income	10,901

objects ofth	e chari	ty and is includ	ed as unrestr	icted income	. Any capital	gains or loss	es arising on th	e assets form	part ofthe	fund.
				Movement	in funds				Movement	in funds
	l	Balance at January 2019	Incoming resources	Resources expended	Transfers	Revaluations gains and1 losses	Balance at January 2020	Incoming resources	Resources expended	Transfers	Revaluations gains and losses	Balance at 31December 2020
				6	E	f	K			E	8	f
Permanent	endowments
Endowment	fund	4,374,043	(6,176)	(33,540)		329,786	4,664,113	(15,767)	(25,660)		(104,580)	4,518,106
		4,374,043	(6,176)	(33,540)		329,786	4,664,113	(15,767)	(25,660)		(104,580)	4,518,106

Analysis ofnet assets	Analysis ofnet assets	between funds
		Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
		funds	funds		funds	funds
		2020	2020	2020	2019	2019	2019
		6	6	8	E	8
Fund balances at 31
December	2020 are
represented	by
Tangible assets		1.003	42.059	43.062	1,526	550,000	551.526
Investment	properties		557,941	557,941		50,000	50,000
Investments		94,102	3,923,342	4,017,444	97,550	4,067,104	4,164,654
Current assets/(liabilities)
		15,440	(5,236)	10,204	3,974	(2,991)	983
		110,545	4,518,106	4.628,651	103,050	4,664.113	4,767,163

Total Return					Endowment	Unapplied	Total
						Total
						Return
						6
At 1January 2020
Trust for Investment					2,425,155	0	2,425,155
Unapplied Total	Return				0	1,638,958	1,638,958
Total					2,425,155	1,638,958	4.064,113
Movements in reporting		period
Investment return	Dividends		and Interest			104,233	104,233
Investment return	Realised		and Unrealised	gains and
(losses)						(104,580)	(104,580)
Less: investment	managers		costs			(225660	~25660
Total						(26,007)	(26,007)
Unapplied Total	Return allocated to income			in the reporting	period	(120,000)	(120,000)
Net movements period	in reporting				0	~146,007	~146,007
At 31 December	2020
Trust for Investment					2,425,155		2,425,155
Unapphed Total	Return					1,492,951	1,492,951
Total					2,425,155	1,492,951	3,918,106