2020-10-31-accounts

			Page
Report ofthe Trustees		1	to	4
Report ofthe Independent	Auditors	5	to	6
Statement of Financial Activities
Balance Sheet		8	to	9
Cash Flow Statement			10
Notes to the Financial Statements		11	to	18

FOR THE YEAR END	ED 31 OC	TOBER 2	020
				2020	2019
				Unrestricted	Total
				fund	funds
			Notes		5
INCOME AND ENDOWMENTS		FROM
Donations and legacies				392,836	320,391
Charitable activities
Support for Education				237,211	237,733
Investment income				28,389	38,332
Other income					130
Total				658,436	596,586
EXPENDITURE ON
Raising funds				10,062	8,893
Charitable activities
Support for Education				632,050	895,090
Total				642,112	903,983
Net gains/(losses) on	investments			~13,1791	89,989
NET INCOME/(EXPENDITURE)				3,145	(217,417)
RECONCILIATION OF FUNDS
Total funds brought	forward			1,688,408	1,905,825
TOTAL FUNDS CARRIED FORWARD				1,691,553	1,688,408

BALANCE SHEET
31OCTOBER 2020
			2020		2019
		Unrestricted			Total
			fund		funds
	Notes		5		F
FIXEDASSETS
Tangible assets Investments	13 14	1	69,621 379827	1	73,538 436 263
		1,449,448		1,509,801
CURRENT ASSETS
Debtors	15		29,020		57,543
Cash at bank			257,367		151,829
			286,387		209,372
CREDITORS
Amounts falling due within one year	16		(44,282)		(30,765)
NET CURRENT ASSETS			242,105		178,607
TOTAL ASSETS LESSCURRENT
LIABILITIES		1,691,553		1,688,408
NET ASSETS		1,691,553		1,688,408
FUNDS	17
Unrestricted funds		1	691553	1 688408
TOTAL FUNDS		1691553		1,688408

FOR THE YEAR ENDED 3	1 O	CTOBE	R 2020
				2020	2019
			Notes		6
Cash flows from operating	activities
Cash generated from operations			19	36165	(391,309)
Net cash provided by/(used	in)	operating	activities	36 165	(391,309)
Cash flows from investing	activities
Purchase oftangible fixed assets				(2,274)	(575)
Purchase offixed asset investments				(152,949)	(316,017)
Sale offixed asset investments				196,207	529,777
Interest received				214	327
Dividends received				28 175	38005
Net cash provided by investing		activities		69373	251 517
Change in cash and cash	equivalents
in the reporting period				105,538	(139,792)
Cash and cash equivalents	at	the
beginning ofthe reporting	period			151829	291 621
Cash and cash equivalents	at	the end
ofthe reporting period				257,367	151,829

NOTES TO THE FINANCIAL STATEMENTS - continued	NOTES TO THE FINANCIAL STATEMENTS - continued	NOTES TO THE FINANCIAL STATEMENTS - continued	NOTES TO THE FINANCIAL STATEMENTS - continued	NOTES TO THE FINANCIAL STATEMENTS - continued	NOTES TO THE FINANCIAL STATEMENTS - continued	NOTES TO THE FINANCIAL STATEMENTS - continued	NOTES TO THE FINANCIAL STATEMENTS - continued	NOTES TO THE FINANCIAL STATEMENTS - continued
FOR	THE YEAR ENDED 31OCTOBER 2020
2.	DONATIONS AND LEGACIES
											2020	2019
											6	6
	Gift aid										55,692	51,693
	Friends of Hamilton	Trust									337144	268 698
											392836	320 391
3.	INVESTMENT INCOME
											2020	2019
											6	6
	Other fixed asset invest -		Fll								28,175	38,005
	Deposit account interest										214	327
											28 389	38332
4.	INCOME FROM CHARITABLE				ACTIVITIES
											2020	2019
				Activity							6	6
	Royalties			Support		for Education					237,211	237,733
5.	RAISING FUNDS
	INVESTMENT MANAGEMENT				COSTS
											2020	2019
											6	6
	Portfolio management										10062	8893
6.	CHARITABLE ACTIVITIES			COSTS
									Grant
									funding	of
									activities		Support
								Direct	(see note		costs (see
								Costs 6	7) 6		note 8) f	Totals
	Support for Education							557,863	70 082		4,105	632,050
7.	GRANTS PAYABLE
											2020	2019
											6
	Support for Education										70,082	77,446
	Analysis ofgrants'
											2020	2019
											6	6
	ULT Pegasus Primary School											3,300
	Citizens' Climate										1,000
	Full Circle										1,600
	Marlborough LitFest											500
	The Merchants' House Trust										2,000	2,000
	The Oxford Academy	- Accelerated				learning	Project					1,250
	Oxford Brookes University		-Gaza Scholarship					Fund			1,000	1,000

GRANTS PAY	ABLE - continued
Peeple			10,000	10,000
The Iris Project				500
The University	ofOxford - Oxford	for Oxford Initiative	45,151	49,849
Trinity College	Dublin - Hamilton	Internships	9,331	9,046
			70,082	77 446
SUPPORT COSTS

SUPPORT COSTS
			Governance
			costs
Support for Education			4 105
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated after charging/(crediting):
		2020	2019
Auditors' remuneration		3,000	3,000
Depreciation - owned assets		6,191	5,621

		2020	2019
		6	6
Wages	and salaries	228,719	312,422
Social	security costs	15,923	23,602
Other	pension costs	10521	11,065
		255,163	347,089

The average	month	ly numb	er of employees during the	year was as follows:
				2020	2019
Administrative	and	support	staff	8	10

		2020	2019
Wages		204,836	296,245
Redundancy	payments	23,883	16,177
Social security costs		15,923	23,602
Pension contributions		10,521	11,065
		255,163	347,089

COMPARATIVES F	OR THE ST	ATEMENT OF FINANCIAL ACT	IVITIES
			Unrestricted
			fund
INCOME AND ENDOWMENTS		FROM
Donations and legacies			320,391
Charitable activities
Support for Education			237,733
Investment income			38,332
Other income			130
Total			596,586
EXPENDITURE ON
Raising funds			8,893
Charitable activities
Support for Education			895,090
Total			903,983
Net gains on investments			89,980
NET INCOME/(EXPENDITURE)			(217,417)
RECONCILIATION OF FUNDS
Total funds brought	forward		1,905,825
TOTAL FUNDS CARRIED FORWARD			1,688,408

FOR	THE YEAR ENDED 31 OCTOBER 202	0
13.	TANGIBLE FIXEDASSETS
		Freehold	Motor	Computer
		property 6	vehicles f	equipment F	Totals f
	COST
	At 1 November 2019	83,406	10,976	8,895	103,277
	Additions			2,274	2,274
	At 31 October 2020	83,406	10,976	11,169	105,551
	DEPRECIATION
	At 1 November 2019	13,524	8,232	7,983	29,739
	Charge for year	2254	2744	1 193	6,191
	At 31 October 2020	15,778	10,976	9,176	35,930
	NET BOOK VALUE
	At 31 October 2020	67,628		1,993	69,621
	At 31 October 2019	69,882	2,744	912	73,538
14.	FIXEDASSET INVESTMENTS
					Listed
					investments
	MARKET VALUE
	At 1 November 2019				1,436,263
	Additions				152,949
	Disposals Revaluations				(196,206) ~13,179)
	At 31 October 2020				1,379,827
	NET BOOK VALUE
	At 31 October 2020				1,379,827
	At 31 October 2019				1,436,263

DEBTORS:AMOU	NTS FALLING DUE WITHIN O	NE YEAR
		2020	2019
			E
Trade debtors		21,919	24,518
Other debtors			1,600
Gift aid		6,143	4,556
Hamilton Education	Ltd		25,911
Prepayments		958	958
		29,020	57,543

FOR	THE YEAR ENDED 31OC	THE YEAR ENDED 31OC	THE YEAR ENDED 31OC	TOBER 2020
16.	CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
					2020	2019
						6
	Trade creditors				21,490	8,071
	Social security and other			taxes	4,463
	VAT				13,581	19,694
	Pensions	payable			1,748
	Accruals	and deferred	income		3,000	3000
					44282	30,765

MOVEM	ENT	IN FUNDS
				Net
			At	movement	At
			1/11/19	in funds	31/10/20
			6	f	6
Unrestricted		funds
General	fund		1,688,408	3,145	1,691,553
TOTAL	FUNDS		1,688,408	3,145	1,691,553

Net mov	emen	t in funds, included	in the above are as follo	ws:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
						F
Unrestricted		funds
General	fund		658,436	(642,112)	(13,179)	3,145
TOTAL	FUNDS		658,436	(642,112)	(13,179)	3,145

				Net
			At	movement	At
			1/11/18	in funds	31/10/19
			6		E
Unrestricted		funds
General	fund		1,905,825	(217,417)	1,688,408
TOTAL	FUNDS		1,005,825	~277,4177	1,588,408

Compar	ative	net movement in fu	nds, included in the abov	e are as follows:
			Incoming	Resources	Gains and	Movement
			resources f	expended f	losses f	in funds f
Unrestricted		funds
General	fund		596,586	(903,983)	89,980	(217,417)
TOTAL	FUNDS		596,586	(903,983)	89,980	(217,417)

					Net
				At	movement	At
				1/11/18 f	in funds	31/10/20 f
Unrestricted		funds
General	fund		1,905,825		(214,272)	1,691,553
TOTAL	FUNDS		1	995,925	~274 2721	1,991,555

above a	re as	follows:			,
			Incoming	Resources	Gains and	Movement
			resources	expended f	losses f	in funds f
Unrestricted		funds
General	fund		1,255,022	(1,546,095)	76,801	(214,272)
TOTAL	FUNDS		1,255,022	(1,546,095)	76,801	F14,272)

RECONCILIATION ACTIVITIES	OF NET	INCOME/(EXPE	NDITURE) TO NET CAS	H FLOW FROM	OPERATING
				2020	2019
				F	6
Net income/(expenditure) for the reporting Statement ofFinancial Activities)			period (as per the	3,145	(217,417)
Adjustments for:
Depreciation charges				6,190	5,621
Losses/(gain) on investments				13,179	(89,980)
Interest received				(214)	(327)
Dividends received				(28,175)	(38,005)
Decrease/(increase)	in debtors			28,523	(17,087)
Increase/(decrease)	in creditors			13517	~34,114)
Net cash provided	by/(used	in) operations		36 165	(391,309)

	At 1/11/19	Cash flow	At 31/10/20
	E	E	F
Net cash
Cash at bank	151829	105538	257,367
	151,829	105,538	257,367
Total	151,829	105,538	257367