2022-04-05-accounts - The Crispin Davis Family Trust

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				Unrestricted	Expendable	Total	1otal
				Income	endowment	this year	last year
		Note		Fundf	Fundf	2022f	202 f
	Incoming resources
4
	inveslmentincome		1	228,459		228,459	238,869
	Total incoming resourses			228,459		228,459	238,869
	Resources expended
	Charitab/e activities
	Grant and donations			453,000		453,000	301,000
	Governance cost			5,580		5,580	6,420
	Total resources expended			458,580		458585	307,420
	Net incoming/(outgoing)	resources		(230,121)		(230,121)	(68,551)
	before transfers
	Gross transfers between	funds		229,572	(229,572)
	Net income/(outgoing) resources before
	other recognised gains	and losses		(549)	(229,572)	(230,121)	(68,551)
	Other recognised gains	and losses				549	(1,227)
	Gains/(losses)/gains on investments				585,677	585,677	1,810,297
	Net movements in funds				356,105	356,105	1,740,519
	Fund balance brought forward at 6 April 2021				8,277,631	8,277,631	6,537,112
	Fund balance carried forward at 5 April 2022				8,633,736	8,633,736	8,277,631

As at ended 5April 2022	As at ended 5April 2022	As at ended 5April 2022
					Total	Total
				Note	this year	last year
					2022	2021
Fixed assets
Investment at market value				4	8,52~ 421	8,157,744
Current assets
Debtors					54,747	59,153
Cash at Handelsbanken		Wealth	&Asset Mgt		46,678	142,393
Cash at Handelsbanken		Wealth	&Asset Mgt (USD account)		9469	8,921
					110,894	210,467
Creditors: amounts	falling due within one year			6	~5580	~90,580
Net current assets					105,314	119,887
Total assets less current liabilities..					8,633,736	8,277,631
Creditors: amounts	falling due after one year
Net assets					8,633,736	8,277,631
Funds
Expendable endowment		fund		8	8,633,736	8,277,631
Unrestricted income	fund			8
					8 633,736	8,277,631

			2022	2021
Net income for the year			(230,121)	(68,551)
Adjustments for
Interest and dividends			(228,459)	(238,869)
Decrease/(Increase) in debtors			4,406	828
(Decrease)/Increase in creditors			(85,000)	(89,352)
Cash flows from operating	activities		(539,174)	(395,944)
Cash flows from investing	activities
Interest and dividends			229,008	237,642
Proceeds from sale ofinvestments			6,877,138	200,000
Purchase ofinvestments			(6,662, 138)
Net cash used by investing activities			444,008	437,642
Change in cash and cash equivalents			(95,166)	41,698
Cash and cash equivalents	brought	forward	151,313	109,615
Cash and cash equivalents	carried forward		56,147	151,313

			2022f	2021 f
1 Investment income
COIF Charities Investment Fds Income Units			44,003	45,451
COIF Charities Global Equity	Income Fund Income	Units	15,150	14,530
COIF Charities Investment Fds Income Units				44,762
COIF Charities Global Equity	Income Fund Income	Units	15,061	15,061
COIF Charities Investment Fds Income Units				44,762
COIF Charities Global Equity	Income Fund Income	Units	45,071	15,150
COIF Charities Investment Fds Income Units				44,003
COIF Charities Global Equity COIF Charities Global Equity	Income Fund Income Income Fund income	Units Units	54,427 54,747 *	15,150
(tnvestment income is ad unrestricted	funds income)		225453	238,869
2 Grants made
Optimus Foundation			300,000	250,000
Outdoor Adventures for Girls			500
Game & Wildlife Conservation	Trust		7,500
Whizz-Kidz			100,000
Tushinde Children's Trust			40,000
Port Isaac Harbour Repairs			5,000
St Endellion Summer Festival				1,000
Cavoequiva				10,000
(Grant expenditure is all unrestricted	Fund expenditure)		453 000	261,000
Grants commitments
Tushinde Children's Trust				40,000
				40 000
3 Governance cost
Independent Audit fees-			1,500	1,500
Accountancy fees—			4,080	4,080
Assisting with 2019/20 Audit process				840
(Governance expenditure is aa unrestricted fund expenditure)			5,580	6,420
*Dividend distributions due but not paid at 5 April 2022

							2022f	2021f
4 Market value
Carry (market) value at beginning				of	year		8,157,744	6,547,447
Add Additions at cost							6,662,138
Less disposals at carry value							(6,877,138)	(200,000)
Add/(deduct) net gain/(loss) Add/(deduct) net gain/(loss)			on disposals on revaluation				896,693 ~311,018	42,242 1,768,055
Carry (market) value at end ofyear							11,528 421	8,157,744
Bank Charges 8 Exchange			rate	adjustments
Exchange rate variances	on		Dollar	account			549	(1,227)
							549	~1,227
Analysis of Investment
							*Mkt Value	*Mkt Value
							at year end	at year end
Fixed Assets
333,611.06COIF Charities		investment Funds				Income Units		5,980,445
885,945.01 COIF Charities		Global		Equity Income Fund Income Units			8,528,421	2,177,299
Total							8,528,421	8,157,744
(*Based on the mid market		valuations			provided	by CCLA)
5 Debtors
Dividends due but not paid		at 5 April 2021'					54,747	59,153
							54,747	59,153
6 Creditors: amount falling		due within one year
Accountancy fees-							4,080	4,080
Independent Audit fees—							1,500	1,500
Grants commitments								85,000
							5,580	90580
7 Creditors: amount falling		due after			one year
Grants commitments