``` REGISTERED CHARITY NUMBER: 1148548 ``` ``` Report of the Trustees and ``` ``` Unaudited Financial Statements for the Year Ended 31 October 2020 ``` ``` for ``` ``` The Antony Boot Charitable Trust ``` ``` Griffith, Williams & Co Chartered Accountants ``` ``` 36 Stryd Fawr Pwllheli Gwynedd LL53 5RT ``` ``` The Antony Boot Charitable Trust ``` ``` Contents of the Financial Statements for the Year Ended 31 October 2020 ``` |||`Page`|| |---|---|---|---| |`Report of the Trustees`|`1`|`to`|`7`| |`Independent Examiner's Report`||`8`|| |`Statement of Financial Activities`||`9`|| |`Balance Sheet`||`10`|| |`Notes to the Financial Statements`|`11`|`to`|`15`| |`Detailed Statement of Financial Activities`||`16`|| ``` The Antony Boot Charitable Trust ``` ``` Report of the Trustees for the Year Ended 31 October 2020 ``` ``` The trusteespresenttheir reportwith the financialstatementsof the charityfor the yearended31 October2020.The trustees haveadoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicable to charitiespreparingtheiraccountsin accordancewith the FinancialReportingStandardapplicablein the UK andRepublic of Ireland (FRS 102) (effective 1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ``` OuraimsandobjectivesremainthesameaswhentheCharitywasfirstfounded:ToadvancetheChristianfaithfor the benefit of the public in England and Wales in such ways as the Charity Trustees think fit, especially by (but not exclusively): ``` - `a) Organising programmes of physical education and other activities for children, young people and adults. b) To provide advice and support for young people; and to c) Promote residential holidays within a Christian setting` ``` We areverythankfulforcontributionsmadebyvariousindividuals.We havebenefitedfromdonationsmadebyone-off gifts and also by regular monthly giving. ``` ``` IncomefrominvestmentsheldintheCharity'snamestillprovidesthebulkofourregularincome.Dividendsare received twice a year; usually in May and October. ``` ## **`Public benefit`** ``` The Trustees have had regard to the Charity Commission's guidance on public benefit. ``` ``` During the period1st November2019 and 31st October2020 we were againable to awardamountsto Tywyn Baptist Church to assist with funding required for Children's' Christmas Party.. ``` ``` We awardedthe OYES! Youth Group from Tywyn an amount to boost the funds they were raisingtowardssendinga group of olderyouthto Mexicoin Apr '20to embarkon a house-buildingproject.The Corona-viruspandemiccausedthe mission trip to be postponed and then, subsequentially cancelled. The ABC trust also facilitates other youthwork in the Gwynedd Area. ``` ``` InSeptember'20weagreedfundingforayeartocoverthesalaryofa'pre-schoolchildren's&familiesworker'at Tywyn BaptistChurch.Despitethe restrictionsanddifficultiesthisyearhas seen,the Familiesworkerwe helpedto fundhas assisted many families who were struggling with the pressures of home schooling and anxiety related issues. ``` ``` Overthe period1st November2019to 31stOctober2020,we wereableto grantbursariesto assisttwo familieswith funding foraChristianholiday.Thesebursariesgenerallygotofamilieswhowouldnototherwisebeabletoaffordafamily holiday. Sadly, due to the Coronavirus pandemic, these families were not able to take up the holidays that they had hoped to have. ``` ``` Page 1 ``` ``` The Antony Boot Charitable Trust ``` ``` for the Year Ended 31 October 2020 ``` ## `Report of the Trustees` ## **`ACHIEVEMENT AND PERFORMANCE`** ## **`Charitable activities`** ``` Clearly the events taking place after March '20 have had a significant impact on the way we have been able to operate. ``` ``` The periodof Nov '19to Oct'20,whilsthavingmanyobstaclesto overcomehas not beenwithoutits successes.Much regular youth & children'swork was possiblebeforeMarch'20;indeed,one of the Clubswe help to resourcewon a regionalaward in February '20 for its contribution within the community. ``` ``` ThefundingawardedtotheChildren'sandFamilyWorkerhasseenmanyfamilieswhowouldotherwisehave struggled, receivesupportand assistanceat a time when it was most needed,and ongoingcontactwith all ages of childrenand youth has helped maintain a sense of well-being throughout an otherwise particularly challenging time for them all. ``` ``` Obviously,thishasbeenaverydifferentyearworkingwiththeyoungpeople.Notbeingabletorunourusualyouth groups and events has been very difficult, but we have tried hard to keep contact and encourage our young people as best as we can. ``` ## **`Activities & Events - all ages`** ``` A few thingsthat we have done over the pandemicis send out lettersand packagesto the youngeryouth.We have done this a few times. Some things that we have includedin the packageshave been things like arts and crafts,chocolates,and bible verses and some books/booklets with Christian messages in. ``` ``` OverthesummerwealsomanagedtoseeafewoftheyoungpeopleupatMin-Y-Don.WehadafewBBQswiththe older youth(OYES!ExtraTime)andhadabonfireatMin-Y-DonChristianAdventureCentrewiththemintheautumn.We also saw a few of the young people when their families came up for some of the activity days that Min-Y-Don were running. ``` ``` Sincethebeginningofthefirstlockdown,wehavealsobeenhavingZoomsessionswiththeOYES!ExtraTimegroupon a fairly regular basis and we have been looking at some of the pick and mix zoom sessions that are on the Energize website. ``` ## **`Mexico`** ``` DuetothepandemicwewereunabletogoonourtriptoMexicowiththeyoungpeople.Unfortunately,thetriphas also been cancelledfor 2021.The Charityhas donated£5,000towardsthis trip.Not beingable to go was incredibly disappointing for the youngpeopleas theyhad put in such an enormouseffortto raisemoneyto be ableto go. The grantthe Charity made towardsthistripwasrepaidby TywynBaptistChurchin November2020.We havebeenableto put almostall of that money back into youth funds and are hoping to be able to use it for future summer camps and hopefully towards a trip in the future. ``` ## **`Sunday morning youth group sessions`** ## **`Junior Church 9-11's Sunday School Group`** ``` Apartfroma few regularSundaymorningsessionsat the verystartof the year,the remainderof the time has been carried out withremotelearning.Clearlythishasbeenexceedinglydifficultforthosefromthegroupastheywouldmuchrathermeet in person. ``` ``` Wehaveendeavouredtostayintouchasmuchaswecanwiththosefromthegroup.Tobeginwithweprepared and uploadedmaterialto the church'swebsite,but we gatheredaftera while that this wasn'treallywhat the group seemedto want. Since then, we have maintained contact in other ways and include these youngsters in mailings that we send out regularly. ``` ``` Weverymuchlookforwardtoresumingthegroupsessionsasbeforeandcontinuingtobuildgoodrelationshipswith the youngsters whom we miss greatly. ``` ``` Page 2 ``` ``` The Antony Boot Charitable Trust ``` ``` Report of the Trustees for the Year Ended 31 October 2020 ``` ## **`Older Youth Sunday School Group`** ``` ThisgroupisthesamepeopleasformtheOYES!ExtraTimegroupandasyoucanreadinthemainYouthReport,we have stayed in touch mainly through Zoom sessions on Sunday evenings. ``` ``` Thesehavebeen quite productivebut, likeall other groups,especiallyyouthgroups,so much hingeson building relationships through spending time together. ``` ``` Whennotinlockdown,wehavemetwiththegroupwheneverwecan.BBQsandcampfireswerefeaturesofourtimein the autumn.Welookforwardtoothersuchopportunitiescoming-hopefullysoon.Pleaseprayforalltheyouthinvolvedas we want so much to see them develop and stay strong in their faith. ``` ## **`Toddler and pre-school groups`** ``` A relativelynew featureof the work of the Trust is to supportand help run groups set up for parentsto bring along pre-school children.Asmentioned,previouslywehaveagreedtohelpprovidefundingforaFamily'sworkertoworkforalocal church, providingactivities,eventsandsupportforparents.FromNovemberuntilthemiddleofMarchtheseactivitieswereable to take place normally. ``` ``` This involved three groups: A Toddler Group; a Baby-club for parents with new-borns; and a Toddler singing group. ``` ``` TheseactivitiesarerununderthebannerofTywynBaptistChurchbutwithMinyDonStaffsupportedbyfundsfrom the Trust providing additional & essential staffing. ``` ``` We see an enormousbenefitin being able to serve whole families.Many of the familiesthat can be welcomedand caredfor as partofthechurch,whenbringingtheirveryyoungchildren,willalsocontinuetohavetheirchildreninvolvedwithyouth & children's work events when they are older. ``` ``` This way we can get to know & serve more families in the locality. ``` ## **`Pastoral care`** ``` Key to the effectivenessof any youth work is the abilityto providepastoralcareto the youngpeoplewhen necessary.This care is regularbut not alwaysat pre-setregulartimesandmayinvolvesimplylisteningto a youngperson'sworriesandfears,it may beanopportunitytoofferadviceorsometimesitcancloserresemblealongtermmentoringrelationship(see above). Whateverthenatureofthispastoralcare,itisalwayscarriedoutsensitivelybysenioryouthworkersandinaccordance with safeguarding & social networking policies. ``` ## **`Investment performance`** ``` ThecharityholdssharesinHenryBootPlc.Ourobjectiveforthisinvestmentistoprovidethecharitywitharegular and relatively predictable income by way of dividends. This year this objective was realised. ``` ## **`Internal and external factors`** ``` We are able to measure the performance of the charity and consider its activities a success if: ``` ``` 1. There have been a number of programmes run for children, young people and adults which have been well attended. ``` ``` 2. Overt opportunities have been created for young people to seek advice and support. ``` ``` 3.Ifthecharityhasbeenabletofinanciallysupportchildren,youngpeopleand/oradultstoattendaresidential holiday within a Christian setting. ``` ``` Page 3 ``` ``` The Antony Boot Charitable Trust ``` ``` for the Year Ended 31 October 2020 ``` ## `Report of the Trustees` ## **`FINANCIAL REVIEW`** ## **`Financial position`** ``` RegulargivingandincomefromsharesinHenryBootplchasbeenreducedbut,duetohavingconsiderablyfewer outgoings thetotalintheCharity'saccountisactuallyhigherthanitwouldnormallybe.Wewerealsoabletoreclaimasubstantial gift aidamount.Wehavealsobenefitedgreatlyfromasignificantcontributioneachmonthfromoneparticularfamily that wished to support the work. ``` ``` One off donationsremainharderto predictbut have broughtthe charityextremelyuseful amountsof incomethis year. There havebeentwosignificantpaymentsmadebythecharitythisyear;onetoTywynBaptistChurchYouthfundforthe Mexico mission, which was subsequently returned and the other by way of contribution to the Children's & Family's worker salary. ``` ``` Wehavenotidentifiedsignificantrisksoruncertaintiesthatarecurrentlyfacingthecharity.Thereisinevitablyadegree of uncertaintyconcerningtheexactamountofincomethatbothdonationsandincomefromsharesinHenryBootplc will bring, however this uncertainty is not currently considered to be of any concern. ``` ## **`Principal funding sources`** ``` The charities income from the year primarily came from three sources: ``` `1. Regular giving from supporters` `2. One off donations` `3. Dividends from the shares in Henry Boot plc.` ``` Eachofthesesourcesareimportantastheregulardonationsprovideasourceofpredictableincome,oneoffdonations this year provedto be a significantsourceof income,and the dividendspaid were both an anticipatedsourceof incomeand also a significant sum. ``` ``` Thiscombinationofsourcesofincomeallowsthecharitytoinvestinprojectswhilstbeingreasonablyconfidentthat funds will continue to be available to serve other causes that fit with the charity's purposes at a later date. ``` ## **`Secondary funding sources`** ``` RealisationofsomeofourshareinvestmenttomeetongoingTrustobjectives,shouldtheprincipalfundingsources be insufficient to meet the needs of the Charity. ``` ## **`Investment policy and objectives`** ``` ThecharityholdssharesinHenryBootPlc.Ourobjectiveforthisinvestmentistoprovidethecharitywitharegular and relativelypredictableincomebywayofdividends.Thisyear,despitemanycompaniesbeingunabletopaydividends, Henry Boot pls was able to pay a reduced dividend to its shareholders. ``` ``` Page 4 ``` ``` The Antony Boot Charitable Trust ``` ``` Report of the Trustees for the Year Ended 31 October 2020 ``` ## **`FINANCIAL REVIEW`** ## **`Reserves policy`** ``` The reservesthat we haveset asideprovidefinancialstabilityand the meansfor the developmentof our principalactivity. We intend to maintain our reserves at a level which is at least equivalent to £5,000 in our bank current account. ``` ``` The trustees intend to use the reserves in the following manner: ``` - `a. To meet payment deadlines for youthwork services` - `b. To honour any bursary authorised` - `c. To meet any payment deadlines for administrative or accounting fees.` ``` The Trusteesreviewregularlythe amount of reservesthat are requiredto ensure that they are adequateto fulfilour continuing obligations. ``` ``` None of the charities funds are restricted. ``` ## **`Going concern`** ``` There are no material uncertainties about the charity's ability to continue as a going concern. ``` ``` Page 5 ``` ``` The Antony Boot Charitable Trust ``` ``` Report of the Trustees for the Year Ended 31 October 2020 ``` ## **`FUTURE PLANS`** ## **`Youth and children's work`** ``` At the time of writing, we are still waiting for clearance to resume children & youth activities. ``` ``` Ina similarfashionto somesessionswe ranat Miny Don in betweenlockdownsin 2020,we imaginethatoutdoor meetings are the right startingpoint. This would appearto be the best way to get going again.These sessionsmay have to be for younger childrento begin with and then, as staffingimprovesextendthis through the other age ranges.Many of our regular volunteers are away from the area at the moment. ``` ``` Once we can meet indoorsagain,we can look to resume regularmeetings.We estimatethat this will be in Septemberafter the summer break. ``` ## **`Summer Camp`** ``` Thisisusuallyamainfeatureofouryear,butwehaveseennoadvertisingforChristiancampsanywhereforthis coming summer.In additionto supplyingstaffingand takingon the administration,financial& logisticalorganisationof getting over sixty youngsters away for a residential experience, we also usually fund the ventures from the Charity's account. ``` ``` Naturally,this is havingmajorimplicationsfor us as Trustees,both in terms of what we can contributefinanciallyand in time & effort.Thisremainsfrustratingasthereareadequatefundsto supportsuchventures.We remainreadyto respondif these ventures look like being a realistic option. ``` ## **`Bursaries`** ``` WeanticipateanotheryearofrequestsfromneedyfamiliesseekingtoaffordaholidayataChristianholidayvenue.We are motivatedto keepenablingas manyfamiliesas we can to be able to havethe opportunityto enjoytime awaytogether.We are thankfulforthemanywewitnessedwhobenefitedenormouslyfromtheopportunitiesassistancewithfundingbrought to them. ``` ## **`Recruitment of additional Trustee/s`** ``` ItremainsourintentiontorecruitadditionalTrusteestotheCharity.Oncewecanmeettogetheranddiscussthisrole more easily, we hope to find the right person (s) who will bring the necessary gifting and heart for young people to the role. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` The Charity is controlled by its governing document (a deed of trust) and constitutes an unincorporated Charity. ``` ## **`Recruitment and appointment of new trustees`** ``` All three of the Trusteesof the Antony Boot CharitableTrust have remainedconstant;those being: Antony Boot, Peter Cook, and Susan Cook. ``` ``` AlltrusteesmustbeappointedbyaresolutionoftheTrusteespassedataspecialmeeting.TheTrusteesmusthaveregard to the skills, knowledge and experience needed for the effective administration of the charity. ``` ## **`Decision making`** ``` Applicationstothecharityforfundingarediscussedandreviewedbyalltrusteesandarenormallyapprovediftheyboth fit withcharity'skeyobjectivesandthefundsrequestedareavailableyetwouldnothaveadetrimentaleffecton other commitments (both current & anticipated). ``` ``` Page 6 ``` ``` The Antony Boot Charitable Trust ``` ``` Report of the Trustees for the Year Ended 31 October 2020 ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Induction and training of new trustees`** ``` Currentlythe charity'strusteesdo not undergoanyformaltraining.Rathertheyarein partselectedbasedupontheir existing knowledgeandexperience.New trusteesareableto askquestionsanddiscussanyissuesregardingthe workingsof the charity withexistingtrustees.AdviceisalsoreadilyavailablefromGriffith,Williams&Co.whoprovideuswithcharity related services. ``` ``` Newtrusteesareselectedinpartbasedupontheirexistingknowledgeandexperience.Asthecharityoutsourcesmuchof its work,inductionandtrainingcanbekeptto a minimum.Traininggivenmayinclude'shadowing'existingtrustees, discussing indetailthecharity'sobjectivesandthemechanismbehindfulfillingthem,andencouragingquestions.Thereare also excellent resources available through the Charities Commission outlining the roles and responsibilities of trustees. ``` ## **`Systems and management`** ``` UndertheguidanceofGriffith,Williams&Co.,Pwllheli,NorthWaleswehaveimplementedasystemofcontrols for approving of invoices received for youthwork services carried out in the local area on behalf of the Trust. ``` ``` The organisationprovidingthe staffingfor Youthwork(Min y Don ChristianAdventureCentre)has establisheda method for verifyingtheirinvoicingandloggingofyouthworkevents.Griffith,Williams&Co.actasanindependentassessor and verifierofallinvoicesraisedbyMinYDonChristianAdventureCentretotheTrust.Thishasenabledustoputinto place systems that allow the ABC Trust to function efficiently. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number`** ``` 1148548 ``` ## **`Principal address`** ``` Min Y Don Arthog Gwynedd LL39 1BZ ``` ## **`Trustees`** ``` A C Boot Mrs S J H Cook P F Cook ``` ## **`Independent Examiner`** ``` Griffith, Williams & Co Chartered Accountants 36 Stryd Fawr Pwllheli Gwynedd LL53 5RT ``` ``` Approved by order of the board of trustees on ............................................. and signed on its behalf by: ``` ``` ............................................................................. Trustee ``` ``` Page 7 ``` ``` Independent Examiner's Report to the Trustees of The Antony Boot Charitable Trust ``` ## **`Independent examiner's report to the trustees of The Antony Boot Charitable Trust`** ``` IreporttothecharitytrusteesonmyexaminationoftheaccountsofTheAntonyBootCharitableTrust(theTrust)for the year ended 31 October 2020. ``` ## **`Responsibilities and basis of report`** ``` AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the requirements of the Charities Act 2011 ('the Act'). ``` ``` I reportin respectof my examinationof the Trust'saccountscarriedout undersection145of the Actandin carryingout my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ``` ## **`Independent examiner's statement`** ``` Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattentioninconnectionwith the examination giving me cause to believe that in any material respect: ``` `1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or` `2. the accounts do not accord with those records; or` `3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.` ``` I haveno concernsandhavecomeacrossno othermattersin connectionwiththe examinationto whichattentionshould be drawn in this report in order to enable a proper understanding of the accounts to be reached. ``` ``` Sian M. Williams FCA MBA Griffith, Williams & Co Chartered Accountants 36 Stryd Fawr Pwllheli Gwynedd LL53 5RT ``` ``` Date: ............................................. ``` ``` Page 8 ``` ``` The Antony Boot Charitable Trust ``` ## `Statement of Financial Activities` ``` for the Year Ended 31 October 2020 ``` |`Notes`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`Investment income`
`2`
**`Total`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`Charitable activities`
`Other`
**`Total`**
`Net gains/(losses) on investments`
**`NET INCOME/(EXPENDITURE)`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`TOTAL FUNDS CARRIED FORWARD`**|`31.10.20`
`Unrestricted`
`fund`
`£`
`38,415`
`17,504`
`55,919`
`42,144`
`4,935`
`47,079`
`(15,000)`
`(6,160)`
`1,284,034`
`1,277,874`|`31.10.19`
`Total`
`funds`
`£`
`37,915`
`47,500`| |---|---|---| |||`85,415`
`61,548`
`5,164`| |||`66,712`
`(72,500)`| |||`(53,797)`
`1,337,831`| |||`1,284,034`| ``` The notes form part of these financial statements ``` ``` Page 9 ``` ``` The Antony Boot Charitable Trust ``` ## `Balance Sheet` ## `31 October 2020` |`Notes`
**`FIXED ASSETS`**
`Investments`
`5`
**`CURRENT ASSETS`**
`Debtors`
`6`
`Cash at bank`
**`CREDITORS`**
`Amounts falling due within one year`
`7`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`NET ASSETS`**
**`FUNDS`**
`8`
`Unrestricted funds`
**`TOTAL FUNDS`**|`31.10.20`
`Unrestricted`
`fund`
`£`
`1,235,000`
`5,575`
`43,601`
`49,176`
`(6,302)`
`42,874`
`1,277,874`
`1,277,874`
`1,277,874`
`1,277,874`|`31.10.19`
`Total`
`funds`
`£`
`1,250,000`
`6,930`
`35,648`| |---|---|---| |||`42,578`
`(8,544)`| |||`34,034`| |||`1,284,034`| |||`1,284,034`| |||`1,284,034`| |||`1,284,034`| ``` The financialstatementswereapprovedby the Boardof Trusteesandauthorisedforissueon ............................................. and were signed on its behalf by: ``` ``` ............................................. Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 10 ``` ``` The Antony Boot Charitable Trust ``` ``` Notes to the Financial Statements for the Year Ended 31 October 2020 ``` ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeenprepared in accordancewith the CharitiesSORP (FRS 102)'Accountingand Reportingby Charities:Statementof Recommended PracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReporting Standard applicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)',FinancialReportingStandard 102 'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andtheCharitiesAct2011. The financialstatementshavebeenpreparedunderthehistoricalcostconvention,withtheexceptionof investments which are included at market value, as modified by the revaluation of certain assets. ``` ## **`Income`** ``` AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesare recognisedas expenditureas soon as there is a legalor constructiveobligationcommittingthe charity to thatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlementandtheamount of theobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisandhasbeen classified underheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributedto particular headings they have been allocated to activities on a basis consistent with the use of resources. ``` ``` Grants offeredsubjectto conditionswhich have not been met at the year end date are noted as a commitmentbut not accrued as expenditure. ``` ## **`Taxation`** ``` The charity is exempt from tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. ``` ``` Restrictedfunds can only be used for particularrestrictedpurposeswithinthe objectsof the charity.Restrictions arise whenspecifiedbythedonororwhenfundsareraisedforparticularrestrictedpurposes.Therearecurrently no restricted funds. ``` ``` Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ``` ``` continued... ``` ``` Page 11 ``` ``` The Antony Boot Charitable Trust ``` ## `Notes to the Financial Statements - continued` ``` for the Year Ended 31 October 2020 ``` ## **`2. INVESTMENT INCOME`** |**`INVESTMENT INCOME`**||| |---|---|---| ||`31.10.20`|`31.10.19`| ||`£`|`£`| |`Dividend income`|`17,500`|`47,500`| |`Interest receivable - trading`|`4`|`-`| ||`17,504`|`47,500`| ## **`3. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31October2020norfortheyear ended 31 October 2019. ``` ## **`Trustees' expenses`** ``` There were no trustees' expenses paid for the year ended 31 October 2020 nor for the year ended 31 October 2019. ``` ## **`4. ACCOUNTANCY FEES`** |`During the year the Charity paid Griffith, Williams and Co the following sums:`|| |---|---| |`Accountancy`|`2250.00`| |`Other support work`|`1080.00`| |`Independent examination`|`1440.00`| ||| ||`4770.00`| ## **`5. FIXED ASSET INVESTMENTS`** |**`MARKET VALUE`**
`At 1 November 2019`
`Revaluations`
`At 31 October 2020`
**`NET BOOK VALUE`**
`At 31 October 2020`
`At 31 October 2019`|`Listed`
`investments`
`£`
`1,250,000`
`(15,000)`
`1,235,000`
`1,235,000`
`1,250,000`| |---|---| ``` There were no investment assets outside the UK. ``` ``` The investmentis regardingsharesheldin HenryBootPlc.The basisfordeterminingthe fairvalueof the investment is using the quoted market price as at the year end. ``` ``` continued... ``` ``` Page 12 ``` ``` The Antony Boot Charitable Trust ``` |`Notes to the Financial Statements- continued`
`for the Year Ended 31 October 2020`
**`6.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade debtors`
**`7.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade creditors`
**`8.`**
**`MOVEMENT IN FUNDS`**
`At`
`1.11.19`
`£`
**`Unrestricted funds`**
`General fund`
`1,284,034`
**`TOTAL FUNDS`**
`1,284,034`
`Net movement in funds, included in the above are as follows:`
`Incoming`
`Resources`
`resources`
`expended`
`£`
`£`
**`Unrestricted funds`**
`General fund`
`55,919`
`(47,079)`
**`TOTAL FUNDS`**
`55,919`
`(47,079)`
**`Comparatives for movement in funds`**
`At`
`1.11.18`
`£`
**`Unrestricted funds`**
`General fund`
`1,337,831`
**`TOTAL FUNDS`**
`1,337,831`|`31.10.20`
`£`
`5,575`
`31.10.20`
`£`
`6,302`
`Net`
`movement`
`in funds`
`£`
`(6,160)`
`(6,160)`
`Gains and`
`losses`
`£`
`(15,000)`
`(15,000)`
`Net`
`movement`
`in funds`
`£`
`(53,797)`
`(53,797)`|`31.10.19`
`£`
`6,930`
`31.10.19`
`£`
`8,544`
`At`
`31.10.20`
`£`
`1,277,874`
`1,277,874`
`Movement`
`in funds`
`£`
`(6,160)`
`(6,160)`
`At`
`31.10.19`
`£`
`1,284,034`
`1,284,034`| |---|---|---| ``` continued... ``` ``` Page 13 ``` ``` The Antony Boot Charitable Trust ``` ``` Notes to the Financial Statements - continued for the Year Ended 31 October 2020 ``` ## **`8. MOVEMENT IN FUNDS - continued`** ``` Comparative net movement in funds, included in the above are as follows: ``` |`Incoming`
`Resources`
`resources`
`expended`
`£`
`£`
**`Unrestricted funds`**
`General fund`
`85,415`
`(66,712)`
**`TOTAL FUNDS`**
`85,415`
`(66,712)`
`A current year 12 months and prior year 12 months combined position is as follows:`
`At`
`1.11.18`
`£`
**`Unrestricted funds`**
`General fund`
`1,337,831`
**`TOTAL FUNDS`**
`1,337,831`|`Gains and`
`losses`
`£`
`(72,500)`
`(72,500)`
`Net`
`movement`
`in funds`
`£`
`(59,957)`
`(59,957)`|`Movement`
`in funds`
`£`
`(53,797)`
`(53,797)`
`At`
`31.10.20`
`£`
`1,277,874`
`1,277,874`| |---|---|---| ``` Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheaboveare as follows: ``` ||`Incoming`|`Resources`|`Gains and`|`Movement`| |---|---|---|---|---| ||`resources`|`expended`|`losses`|`in funds`| ||`£`|`£`|`£`|`£`| |**`Unrestricted funds`**||||| |`General fund`|`141,334`|`(113,791)`|`(87,500)`|`(59,957)`| |**`TOTAL FUNDS`**|`141,334`|`(113,791)`|`(87,500)`|`(59,957)`| ``` continued... ``` ``` Page 14 ``` ``` The Antony Boot Charitable Trust ``` ``` Notes to the Financial Statements - continued for the Year Ended 31 October 2020 ``` ## **`9. RELATED PARTY DISCLOSURES`** ``` Duringtheyear£32,316.84wasinvoicedfromMinyDonChristianAdventureCentretotheCharity,for services providedtotheCharity.Ofthisamount£2,411.28wasoutstandingattheyearend.Threeofthetrusteesof the Charity are partners in Min y Don Christian Adventure Centre (namely P Cook, S Cook and A Boot). ``` ``` Page 15 ``` ``` The Antony Boot Charitable Trust ``` ``` Detailed Statement of Financial Activities for the Year Ended 31 October 2020 ``` |`Detailed Statement of Financial Activities`
`for the Year Ended 31 October 2020`||| |---|---|---| ||`31.10.20`|`31.10.19`| ||`£`|`£`| |**`INCOME AND ENDOWMENTS`**||| |**`Donations and legacies`**||| |`Donations`|`30,785`|`30,985`| |`Gift aid`|`7,630`|`6,930`| ||`38,415`|`37,915`| |**`Investment income`**||| |`Dividend income`|`17,500`|`47,500`| |`Interest receivable - trading`|`4`|`-`| ||`17,504`|`47,500`| |**`Total incoming resources`**|`55,919`|`85,415`| |**`EXPENDITURE`**||| |**`Charitable activities`**||| |`Procurement of services for charitable activities`|`32,317`|`59,610`| |`Bursaries and grants paid`|`9,759`|`1,938`| ||`42,076`|`61,548`| |**`Support costs`**||| |**`Information technology`**||| |`Website costs`|`130`|`125`| |**`Governance costs`**||| |`Auditors' remuneration`|`1,440`|`1,320`| |`Auditors' remuneration for non audit work`|`3,398`|`3,684`| |`Administration`|`35`|`35`| ||`4,873`|`5,039`| |`Total resources expended`|`47,079`|`66,712`| |**`Net income`**|`8,840`|`18,703`| ``` This page does not form part of the statutory financial statements ``` ``` Page 16 ```