## |||||Page|| |---|---|---|---|---|---| |Report ofthe|Trustees||1|to|6| |Report ofthe|Independent|Auditors|7|to|9| |Consolidated|Statement ofFinancial Activities|||10|| |Consolidated|Balance Sheet||||| |Balance Sheet||||12|| |Consolidated|Cash Flow|Statement||13|| |Notes to the Consolidated||Cash Flow Statement||14|| |Notes to the Consolidated||Financial Statements|15|to|26| ## ## ## ## ## ## ## ## ## ## ## |The Edge Project (Charity Number
1085594)|||| |---|---|---|---| |2021 committed
installments||813,200|| |Further commitment||K8400|| |Sue Ryder Manorlands
(Charity Number
1052076)|||| |2021 installment||8115,182|| |Single grant||f60000|f60,000| |Marie Curie Bradford (Charity Number 207994)|||| |2021 Committed
installments||667,449|| |Further commitment||8145,185|| |Single grant||560 000|f60,000| |Bradford Food Bank (Charity Number
1126516)|||| |2021 committed
installments||K5,600|| |Single grant||Z2 400|K8,000| |Bradford Soup Run (Charity Number
1001738)|||X1,000| |Bradford City Disability
(Charity Number 1122310)|||K1,000| |Bradford Talking Media|||Z1,000| |Candlelighters
(Charity Number
1045077)|||616,000| |Dogs for Good (Charity Number 1092960)|||K4,000| |Equality Together (Charity Number 700084)
Hainworth
Community
Centre (Local Community|Group)||f10,000
I1,000| |Health Action Local Engagement
(Charity Number|1123542)||81,000| |Martin House Hospice (Charity Number 517919)|||I1,000| |National
Literacy Trust (Charity Number 1116260)
One In a Million (Charity Number
1122573)|||K1,000
f1,000| |Pauathlon
(Charity Number
1072638)|||f750| |Prism Youth Project (Company Number 523503)|||f,10,000| |Ravenscliffe
Community
Assoc (Charity Number|1099461)||810,000| |St.Gemma's
Hospice (Charity Number
1015941)|||f1,000| |The Breathing
Charity {Charity Number 327033)|||85,000| |The Cellar Trust (Charity Number 701982)
The Salvation Army (Charity Number 214779)|||810,000
I1,000| |Daybreak for the Elderly (Charity Number|||f,5,000| |1133373)|||| ||||2208 750| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||31.3.21|31.3.20| |---|---|---|---|---|---| |||||Unrestricted|Total| |INCOME AND|ENDOWMENTS FROM||Notes|funcl|funcls
6| |Donations
and legacies
Other trading activities||||2,473,929|| |Investment
income||||417,275|407,843| |||||38,354|41,858| |Total|||||| |||||2,929,558|449,701| |EXPENDITURE ON|||||| |Raising Funds|||||| |Property costs||||129,185|109,371| |Charitable
activities|||||| |Grants|||||| |||||208,750|72,950| |Other|||||| |||||9,800|5,150| |Total|||||| |||||347,735|187,471| |Net gains/(losses)|on investments|||633,397|~373,337| |NET INCOME|||||| |||||3,195,420|148,873| |Taxation charges||||(88,125)|(6,303)| |NET INCOME after taxation||||3,107,295|142,570| |RECONCILIATION||OF FUNDS|||| |Total funds brought forward||||7,057,794|6,915,224| |TOTAL FUNDS|CARRIED FORWARD|||10,165,089|7,057,794| ## ## |||31.3.21|31.3.20| |---|---|---|---| |||Unrestricted|Total| |||flliid|funds| ||Notes||| |FIXEDASSETS|||| |Investments|13|9,128,300|6,208,571| |CURRENT ASSETS|||| |Debtors
Cash at bank|14|104,515
1,469,429|93,222
1,479,670| |NET CURRENT ASSETS||1,573,944|1,572,892| |CREDITORS|||| |Amounts
falling due within one year|15|(309,838)|(505,256)| |NET CURRENT ASSETS||1,264,106|1,067,636| |TOTAL ASSETSLESSCURRENT|||| |LIABILITIES||10,392,406|7,276,207| |CREDITORS|||| |Amounts
falling due atter more than one year|16|(74,363)|(153,585)| |PROVISION FORLIABILITIES|17|(152,954)|(64,828)| |NET ASSETS||10,165,089|7,057,794| |FUNDS|18||| |Unrestricted
funds||10,165,089|7,057,794| |TOTALFUNDS||10,165,089|7,057,794| ## ## |||31.3.21|31.3.20| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| |FIXEDASSETS|Notes|6|6| |Investments|13|9,649,805|6,992,945| |CURRENT ASSETS|||| |Cash at bank||119,439|250,465| |CREDITORS|||| |Amounts
falling due within one year|15|(82,822)|(200,081)| |NET CURRENT ASSETS||36,617|50,384| |TOTAL ASSETSLESSCURRENT|||| |LIABILITIES||9,686,422|7,043,329| |CREDITORS|||| |Amounts
falling due aller more than one year|16|(74,363)|(153,585)| |NET ASSETS||9,612,059|6,889,744| |FUNDS|||| |Unrestricted
funds||9,612,059|6,889,744| |TOTAL FUNDS||9,672,989|6889,744| ## |||The Ha|The Ha|&Ma
Foundation|| |---|---|---|---|---|---| |||Consolidated||Cash Flow Statement|| |||for the|ear|ended 31March 2021|| |||Notes||31.3.21|31.3.20| |Cash flows from operating
activities|||||| |Cash generated
from operations
Tax paid||||2,257,534|(10,480)
~7,170)| |Net cash provided
by operating
activities||||2,257,534|~17.650)| |Cash flows from investing
activities|||||| |Purchase offixed asset investments
Sale offixed asset investments
Investment
income received||||(2,713,323)
413,650
31,898|(5,637)
38,867| |Net cash (used in)/provided
by investing||activities||2,267,775|33,230| |Change in cash and cash equivalents|in|the|||| |reporting
period
Cash and cash equivalents
at the beginning
ofthe reporting
period||||(10,241)
1,479,670|15,580
1,464,090| |Cash and cash equivalents
at the end|ofthe||||| |reporting
period||||1,469,429|1,479,670| ## |||Notes to the Cash Flow Statement
for the
ear ended 31March 2021|Notes to the Cash Flow Statement
for the
ear ended 31March 2021||| |---|---|---|---|---|---| ||RECONCILIATION|OFNET INCOME TO NET CASH FLOW FROM||OPERATING ACTIVITIES|| |||||31.3.21|31.3.20| ||Net iacome for the reporting
Activities)
Adjustments
for:||period (asper the Statement ofFinancial|3,195,420|148,873| ||(Gain)/losses
on investments||||| ||(Gains) on investment
properties
Profit on disposal ofinvestments
Investment
income|||(280,765)
(184,363)
(148,469)|113,357| ||Increase in debtors
Decrease in creditors|||(38354)
(11,293)
~274642|(41,858)
(23,325)
~267,727| ||Net cash provided by|operatioas||2257534|~10480)| |2.|ANALYSIS OF CHANGES IN NET FUNDS||||| ||||At 1.4.20|Cash flow|At 31.3.21| ||Net cash|||f.|| ||Cash at bank||1,479,670|~10,241|1,469,429| ||||1,479,670|~(10,241|1,469,429| ||Total||1,479,670|~10,241|1,469,429| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||31.3.21|31.3.20| |---|---|---|---| ||Property letting|417,275|407,843| |4.|INVESTMENT INCOME||| ||Income from listed investments|31.3.21
f
38,354|31.3.20
41,858| |5.|CHARITABLE ACTIVITIES COSTS||| ||||Grant| ||||funding of| ||||activities| ||||(see note| ||||6)| ||Grants||208,750| ## ## ||||||31.3.21|31.3.20| |---|---|---|---|---|---|---| ||Grants|||||| ||||||208,750|72,950| ||The total grants paid to||institutions|during the year was as follows:||| ||||||31.3.21|31.3.20| ||The Ear Project|||||| ||Sue Ryder, Manorlands
Marie Curie||||60,000|5,000
10,000| ||Bradford Nightstop||||60,000|10,000| ||Bardford Hospitals|||||20,000| ||Daybreak
Bradford Food Bank||||5,000|22,200
5,000| ||Bradford City Disability
Health Action Local Engagement
Panathlon||||8,000
1,000
1,000|750| ||Ravenscliffe
Community
The Cellar Trust||Association||750
10,000|| ||Prism Youth Project
Equality Together
The Salvation Army
St.Gemmas||||10,000
10,000
10,000
1,000|| ||Marlin House||||1,000|| ||Bradford Talking Media
The Breathing
Charity
Dogs for Good
Hainworth
Community
Centre
Candlelighters
One in a Million
National Literacy Trust
Bradford Soup Run||||1,000
1,000
5,000
4,000
1,000
16,000
1,000
1,000
1,000|| ||||||208,750|72,950| |7.|RAISING FUNDS|||||| ||||||31.3.21|31.3.20| ||Property cost||||59,216|| |8.|SUPPORT COSTS|||||| |||||||Governance| |||||||costs| ||Other resources expended|||||9800| ## ## ## ## ## ## ## ## |Consolidated|Investment|Listed|| |---|---|---|---| ||properties|investments|Totals| |MARKET VALUE|8||| |At 1 April 2020
Additions
Disposals
Revaluations|4,640,837
184,363|1,567,734
2,719,779
(265,181)
280,768|6,208,571
2,719,779
(265,181)
465,131| |At 31 March 2021|4,825,200|4,303,100|9,128,300| |NET BOOKVALUE|||| |At 31March 2021|4,825,200|4,303,100|9,128,300| |At 31 March 2020|4,640,837|1,567,734|6,208,571| |Charity|||| ||Shares in||| ||group|Listed|| ||undertakings|investments|Totals| |MARKET VALUE||8|| |At 1 April 2020
Additions
Revaluations|6,538,370|454,575
2,473,899
182,961|6,992,945
2,473,899
182,961| |At 31March 2021|6,538,370|3,111,435|9,649,805| |NET BOOK VALUE|||| |At 31March 2021|6,538,370|3,111,435|9,649,805| |At 31 March 2020|6,538,370|454,575|6,992,945| ## ## |DEBTORS:AMOUNTS FALL|ING DUE WITHIN ONE YEAR|ING DUE WITHIN ONE YEAR|||| |---|---|---|---|---|---| ||Consolidated|||Charity|| ||31.3.21|31.3.20|31.3.21||31.3.20| ||||I,||| |Trade debtors|35,652|13,750|||| |Other debtors|13,432|20,095|||| |Prepayments|55,431|59,377|||| ||104,515|93,222|||| ## ## |15.|CREDITORS: AMOUNTS FALLING D|UE WITHIN ONE YEAR|UE WITHIN ONE YEAR||| |---|---|---|---|---|---| |||Consolidated
31.03.21
31.3.20||Charity
31.03.21
31.3.20|| ||Other Creditors
VAT
Accrued expenses|39,064
34,040
236,734|41,112
35,626
428,518|82,822|200,081| |||309,838|505,256|82,822|200,081| |16.|CREDITORS: AMOUNTS FALLING DUE AFTER MORE||THAN ONE|YEAR|| |||Consolidated
31.03.21
31.3.20||Charity
31.03.21|31.3.20| ||Accrued expenses|74,363|153,585|74,363|153,585| |||74,363|153,585|74,363|153,585| |17.|PROVISIONS FORLIABILITIES||||| |||||Consolidation|| |||||31.3.21|31.3.20| ||Deferred tax||||| ||Gains on investments|||152,954|64,828| ||Consolidated||||| ||||||Deferred| ||||||tax| ||Balance at 1 April 2000||||| ||On acquisition
Movement
on gains||||64,828
88,126| ||Balance at 31March 2021||||~12954| ## ## ## |.
MOVEMEN||T IN FUNDS||||||| |---|---|---|---|---|---|---|---|---| |Consolidated|||||||Net|| ||||||||movement|At| |||||||At 1.4.20|in funds|31.3.21| |Unrestricted||funds||||||| |||General fund
Subsidiary's|retained||funds|6,551,663
506,131|2,451,147
656,148|9,002,810
1,162379| |TOTAL FUNDS||||||7,057,794|3,107,295|10,165,089| |Net movement||in funds, included||in|the above are as follows:|||| ||||||Incoming|Resources|Gains and|Movement| ||||||resources|expended|losses|in funds| |Unrestricted||funds||||||| |General
fund
Subsidiary's|retained funds||||2,486,736
442,822|(218,550)
(217,310)|182,961
430,636|2,451,147
656,]48| |TOTAL FUNDS|||||2,929,558|~435,860|613,597|3,107,295| |Charity|||||||Net|| ||||||||movement|At| |||||||At 1.4.20|in funds|31.3.21| |Unrestricted||funds||||||| |General
fund||||||6,889,744|2,722,315|9,612,059| |TOTALFUNDS||||||6,889,744|2,722,315|9,612,059| |Net movement||in funds, included||in the above are as follows:||||| ||||||Incoming|Resources|Gains and|Movement| ||||||resources|expended|losses|in funds| |Unrestricted|funds||||||6|| |General fund|||||2,757,904|(218,550)|182,961|2,722,315| |TOTAL FUNDS|||||2.757,904|~278,550|182,961|2,722,315| ## ## ## |Consolidated|||||||| |---|---|---|---|---|---|---|---| |Unrestricted||funds|||At 1.4.19
6|movement
in funds|At
31.3.20| |General fund|||||||| |Subsidiary's||retained|funds||6,671,450
243,774|(119,787)
262,357|6,551,663
506,131| |TOTAL FUNDS|||||6,915,224|142,570|7,057,794| |Net movement||in funds, included||in the above are as follows:|||| |||||Incoming|Resources|Gains and|Movement| |||||resources|expended|losses|in funds| |Unrestricted||funds|||||| |General fund
Subsidiary's|retained||funds|14,127
435,574|(78,100)
(115,674)|(55,814)
(57,543)|(119,787)
262,357| |TOTAL FUNDS||||449,701||113,357|142,570| |Charity|||||||| |||||||Net|| |||||||movement|At| ||||||At 1.4.19|in funds|31.3.20| |Unrestricted|funds||||||| |General fund|||||6,671,450|218,294|6,889,744| |TOTAL FUNDS|||||6,671,450|218,294|6,889,744| |Net movement||in funds, included||in the above are as follows:|||| |||||Incoming|Resources|Gains end|Movement| |||||resources|expended|losses|in funds| |Unrestricted|funds||||||| |General fund||||352,208|(78,100)|(55,814)|218,294| |TOTAL FUNDS||||352,208|(78,100)|(55,814)|218,294| ## ## ## ## ||||||Net|| |---|---|---|---|---|---|---| ||||||movement|At| |||||At 1.4.19|in funds|31.3.21| |Unrestricted||funds||||| |General
fund
Subsidiary's||retained|funds|6,671,450
243,774|2,331,360
918,505|9,002,810
1,162,279| |TOTAL|FUNDS|||6,915,224|3,249,865|10,165,089| ||||Incoming|Resources|Gains and|Movement| |---|---|---|---|---|---|---| |Unrestricted|funds||resources
6|expended|losses
8|in funds| |General fund
Subsidiary's|retained|funds|2,500,863
878,396|(296,650)
(332,984)|127,147
373,093|2,331,360
918,505| |TOTAL FUNDS|||3,379,259|~629,634)|500,240|3,249,865| |Charity||||||| ||||||Net|| ||||||movement|At| |||||At 1.4.19|in funds|31.3.21| |Unrestricted|funds|||||| |General fund||||6,671,450|2,940,609|9,612,059| |TOTAL FUNDS||||6,671,450|2,940,609|9,612,059| ## ## |||incoming|Resources|Gains and|Movement| |---|---|---|---|---|---| |||resources|expended|losses|in funds| |Unrestricted|funds|||f,|| |General fund||3,110,112|(296,650)|127,147|2,940,609| |TOTAL FUNDS||3 110,112|~296 650)|127,147|2,940,609| ## ## ## ||||Holmfirth|Blenheim| |---|---|---|---|---| ||||Properties|House| ||||Limited|Properties| |||||(Bradford)| |Company
Number|||01041624|Limited
00670117| |TUlllover||||| |Cost ofsales|||97,041|320,234| |Gross Profit||||| ||||97,041|320,234| |Other expenses
Other operating
income
Realised gains
Unrealised
gains/ (losses)|||(71,920)
25,547
25,547
270,304|(91,204)
148,469
11,863| |Tax on profit on ordinary
activities
Pmfit on ordinary
activities after tax|||52,805
268,167|35,320
387,981| |Qualifying
charitable
Retained profit for the|donation
period||60,508
207,659|210,660
387,981| |Tangible fixed assets
Net current assets
Provisions
Net Assets|||2,604,165
568,368
(78,]16)
3,094,417|3,412,700
659,1211
(74,838)
3,996,983| |Share Capital
Other Reserves
Profit and loss account|||1,000
777,465
2,315,952|100
534,494
3,462,389| |Shareholder's
funds|||3,094,417|3,996,983|