||||Page|| |---|---|---|---|---| |Reference and Administrative
Details||||| |Report ofthe|Trustees|2|to|3| |Independent|Examiner's
Report|||| |Statement of|Financial Activities|||| |Balance Sheet||||| |Notes to the|Financial Statements|7|lo|12| ||Elgar Family Charitable
Trust|Elgar Family Charitable
Trust|Elgar Family Charitable
Trust| |---|---|---|---| ||Reference and Administrative||Details| ||forthe Year Ended 5th April||2021| |TRUSTEES||N Snowball|| |||Miss H F Elgar|| |||Dr BG Watson|| |||M F Messenger|| |PRINCIPAL ADDRESS||cro Whatley Weston & Fox|| |||15&16The Tything|| |||Worcester|| |||WR1 1HD|| |REGISTERED|CHARITY NUMBER|1149600|| |INDEPENDENT|EXAMINER|The Richards Sandy Pannership|| |||Thomeloe House|| |||25 Barbourne
Road|| |||Worcester|| |||Worcestershire|| |||WR1 1RU|| |SOLICITORS||Whatley,
Weston|&Fox| |||15&16The Tything|| |||Worcester|| |||WR1 1HD|| |BANKERS||Brown Shipley|| |||Founders
Court|| |||Lothbury|| |||London|| |||EC2R 7HE|| ## ## ## ## ## ## ## ## ## ## ## |||f|or the Year Ended 5th April|2021|| |---|---|---|---|---|---| |||||2021|2020| |||||Unrestricted|Total| |||||funds|funds| ||||Notes|6|5| |INCOME AND ENDOWMENTS||FROM|||| |Investment
income||||52,243|60,538| |EXPENDITURE ON|||||| |Raising funds||||23,736|29,735| |Charitable
activities|||||| |Charitable
activities||||10,673|313,369| |Total||||34,409|343,104| |Net gains/(losses)
on investments||||441,233|(173,457)| |NET INCOME/(EXPENDITURE)||||459,067|(456,023)| |RECONCILIATION|OF FUNDS||||| |Total funds brought|forward|||2,074,643|2,530,666| |TOTAL FUNDS CARRIED FORWARD||||2,533,710|2,074,643| ## ||Elga|r Family Charitable
Trust||| |---|---|---|---|---| |||Balance Sheet||| |||5th April 2021||| ||||2021|2020| ||||Unrestricted|Total| |||Notes|funds
5|fundsf| |FIXEDASSETS||||| |Tangible|assets|11|504,176|504,176| |Investments||12|1,807,810|1,383,451| ||||2,311,986|1,887,627| |CURRENT ASSETS||||| |Debtors||13|12,521|14,564| |Cash at|bank||215,385|475,637| ||||229,005|490,201| |CREDITORS||||| |Amounts|falling due within one year|14|(7,282)|(303,185)| |NET CURRENT ASSETS|||221,724|187,016| |TOTAL|ASSETSLESSCURRENT LIABILITIES||2,533,710|2,074,643| |NET ASSETS|||2,533,710|2,074,643| |FUNDS||16||| |Unrestricted
funds|||2,533,710|2,074,643| |TOTAL|FUNDS||2,533,710|2,074,643| ## ## ## ## ## ## ## |transaction
co|transaction
co|st.||||| |---|---|---|---|---|---|---| |INVESTMENT||INCOME||||| ||||||2021|2020| ||||||8|6| |Royalties|||||22,007|18,250| |Dividends|received||||30,236|42,288| ||||||52,243|60,538| |RAISING|FUNDS|||||| |INVESTMENT||MANAGEMENT|COSTS|||| ||||||2021|2020| ||||||6|| |Stockbroker's||fees|||23,658|29,663| |Administrative||expenses|||78|72| ||||||23,736|29,735| |CHARITABLE||ACTIVITIES COSTS||||| |||||Direct|Support|| |||||Costs (see|costs(see|| |||||note 5)|note 7)|Totals| |||||6|6|fi| |Charitable|activities|||5,661|5,012|10,673| ## ## |DIRECT COSTSO|F CH|ARITABL|E ACTIVITIES||| |---|---|---|---|---|---| |||||2021|2020| |Rates and water||||2,810|2,421| |Insurance||||2,320|1,610| |Light and heat||||531|588| |Repairs and maintenance|||||1,242| |||||5,661|5,861| |GRANTS PAYABLE|||||| |||||2021|2020| |||||6|| |Charitable
activities|||||304,550| |The total grants paid to institutions|||during the year was as follows:||| |||||2021
K|2020f| |Autumn
in Malvern|Festival||||800| |Malvern Concert Club|||||3,750| |The National
Trust|||||300,000| ||||||304,550| |SUPPORT COSTS|||||| ||||||Governance| ||||||costs| ||||||E| |Charitable
activities|||||5,012| |Support costs, included||in the above, are as follows:|||| |||||2021|2020| |||||Charitable|Total| |||||activities|activities| |Legal fees||||4,200|2,160| |Independent
examiner||||812|798| |||||5,012|2,958| ## ## ## ## ## ## ## ## |10.|COMPARA|TIVES|F|OR THE ST|ATEMENT OF FINANCIAL ACTIVITI|ES| |---|---|---|---|---|---|---| |||||||Unrestdicted| |||||||fundsf| ||INCOME AND ENDOWMENTS||||FROM|| ||Investment|income||||60,538| ||EXPENDITURE ON|||||| ||Raising funds|||||29,735| ||Charitable|activities||||| ||Chantable
activities|||||313,369| ||Total|||||343,104| ||Net gains/(losses)||on investments|||(173,457)| ||NET INCOME/(EXPENDITURE)|||||(456,023)| ||RECONCILIATION|||OF FUNDS||| ||Total funds|brought||forward||2,530,666| ||TOTAL FUNDS CARRIED FORWARD|||||2,074,643| |11.|TANGIBLE|FIXEDASSETS||||| |||||||Freehold| |||||||property| |||||||5| ||COST|||||| ||At 6th April|2020 and 5th April 2021||||504,176| ||NET BOOK VALUE|||||| ||At 5th April|2021||||504,176| ||At 5th April|2020||||504,176| |12.|FIXEDASSETINVESTMENTS|||||| |||||||Listed| |||||||investments| |||||||5| ||MARKET VALUE|||||| ||At 6th April|2020||||1,383,451| ||Additions|||||246,942| ||Disposals|||||(265,373)| ||Revaluations|||||442,790| ||At 5th Apnl|2021||||1,807,810| ||NET BOOK VALUE|||||| ||At 5th April|2021||||1,807,810| ||At 5th April|2020||||1,383,451| ## ## ## ## |DEBTORS:AMOUNTS F|ALLING DUE WITHIN ONE YEAR||| |---|---|---|---| |||2021|2020| |||6|F| |Prepayments
and accrued|income|12,621|14,584| |CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR||| |||2021|2020| |Bank loans and overdrafts|(see note 15)|4,313|228| |Accrued expenses||2,969|2,957| |Grants payable|||300,000| |||7,282|303,185| ## ## ## |MOVEMENT|IN FUNDS|||| |---|---|---|---|---| ||||Net|| ||||movement|At| |||At8.4.20|in funds|5.421| |||8|8|F| |Unrestricted|funds|||| |General fund||2,074,643|459,067|2,533,710| |TOTAL FUNDS||2,074,643|459,067|2,533,710| ## |Net movemen|t
in funds,
included
in|the above are as follows:|||| |---|---|---|---|---|---| |||incoming|Resources|Gains and|Movement| |||resources|expended|losses|in funds| |||8|E||8| |Unrestricted|funds||||| |General fund||52,243|(34,409)|441,233|459,067| |TOTAL FUNDS||52,243|(34,409)|441,233|459,067| ## ## ## ## |Compar|atives|f|or movement
in fun|ds|||| |---|---|---|---|---|---|---|---| ||||||Net|Transfers|| ||||||movement|between|At| |||||At 6.4.19|in funds
f|funds|5.4.20
f| |Unrestricted||funds|||||| |General|fund|||2,335,397|(156,023)|(104,731)|2,074,643| |Defined|Purpose||Fund|195,269|(300,000)|104,731|| |||||2,530,666|(456,023)||2,074,643| |TOTAL|FUNDS|||2,530,666|(456,023)||2,074,643| |Compara|tive|net|movement
in funds,|included
in the above are as|follows||| |---|---|---|---|---|---|---|---| |||||Incoming|Resources|Gains and|Movement| |||||resources|expended|losses|in funds| |||||6|6||| |Unrestricted||funds|||||| |General|fund|||60,538|(43,104)|(173,457)|(156,023)| |Defined|Purpose||Fund||(300,000)||(300,000)| |||||60,538|(343,104)|(173,457)|(456,023)| |TOTAL|FUNDS|||60,538|(343,104)|(173,457)|(456,023)| ## ## ##