||||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|
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|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|
##
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##
|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|