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||||||Page|
|---|---|---|---|---|---|
|Reference and administrative<br>details of||the Charity,||its Trustees and advisers||
|Trustees'<br>report|||||2-3|
|Trustees'<br>responsibilities<br>statement||||||
|Independent<br>auditors'|report on the financial statements||||5-8|
|Statement offinancial|activities|||||
|Balance sheet|||||10|
|Notes to the financial|statements||||11-18|
|The following pages do|not form part ofthe|statutory|financial statements:|||
|Charity Detailed income and expenditure||account|and summaries|||





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||||Endowment|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2021|2021|2021|2020|
|||Note|8|8|||
|Income and endowments|from:||||||
|Donations<br>and legacies|||100,000|3,127|103,127|600,000|
|Investments||||33,087|33,087|33,869|
|Total income and endowments|||100,000|36,214|136,214|633,869|
|Expenditure<br>on:|||||||
|Raising funds|||9,267||9,267|6,808|
|Charitable<br>activities||||40,368|40,368|30,529|
|Total expenditure|||9,267|40,368|49,635|37,337|
|Net income/(expenditure)<br>gains on investments|before net||90,733|(4,154)|86,579|596,532|
|Net gains on investments|||182,045||182,045|47,634|
|Net movement<br>in funds|||272,778|(4,154)|268,624|644,166|
|Reconciliation<br>offunds:|||||||
|Total funds brought<br>forward|||1,844,497|23,168|1,867,665|1,223,499|
|Net movement<br>in funds|||272,778|(4,154)|268,624|644,156|
|Total funds carried forward|||2,117,275|19,014|2,136,289|1,867,665|





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||||||2021||2020|
|---|---|---|---|---|---|---|---|
||||Note||6||5|
|Fixed assets||||||||
|Investments|||||2,017,024||1,652,615|
||||||2,017,024||1,652,615|
|Current assets||||||||
|Debtors||||974||2,268||
|Cash at bank and in hand||||154,031||218,251||
|||||155,005||220,519||
|Creditors: amounts|falling|due within one||||||
|year|||9|(35,740)||(5,469)||
|Net current assets|||||119,265||215,050|
|Total assets less current||liabilities|||2,136,289||1,867,665|
|Total net assets|||||2,136,289||1,867,665|
|Charity funds||||||||
|Endowment<br>funds|||10||2,117,275||1,844,497|
|Restricted<br>funds|||10|||||
|Unrestricted<br>funds|||10||19,014||23,168|
|Total funds|||||2,136,289||1,867,665|





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||Endowment|Unrestricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2021|2021<br>8|2021f|
|Donations|100,000|3,127|103,127|



|Endowmeni|Total|
|---|---|
|funds|funds|
|2020f|2020f|
|600,000|600,000|



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|Unrestricted|Total|
|---|---|
|funds|funds|
|2021|2021f|
|33,087|33,087|





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|Unrestricted|Total|
|---|---|
|funds|funds|
|2020f|2020f|
|33,869|33,869|



|Endowment|Total|
|---|---|
|funds|funds|
|2021|2021|
||6|
|9,267|9,267|



||||||||
|---|---|---|---|---|---|---|
||Portfolio|management|||9,267|9,267|
||||||Endowment|Total|
||||||funds|funds|
||||||2020<br>E|2020f|
||Portfolio|management|||6,808|6,808|
|5.|Auditors'|remuneration|||||
||||||2021|2020f|
||Fees payable to the Charity's||auditor for the audit of the Charity's|annual|||
||accounts||||2,500|2,000|



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||Listed|
|---|---|
||investmentsf|
|Cost or valuation||
|At 1 January 2021|1,652,605|
|Additions|355,764|
|Disposals|(173,400)|
|Revaluations|182,055|
|At 31 December 2021|2,017,024|
|Net book value||
|At 31 December 2021|2,017,024|
|At 31December 2020|1,652,605|
||2021f|
|Fixed interest|344,848|
|UK Equities|768,787|
|Overseas equities|903,389|
||2,017,024|



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|8.|Debtors|||||
|---|---|---|---|---|---|
|||||2021f|2020|
||Due within|one year||||
||Prepayments|and accrued income||974|2,268|
|||||974|2,268|
|9.|Creditors: Amounts||falling due within one year|||
|||||2021|2020f|
||Other creditors|||35,740|5,469|





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|Stateme|nt|offunds|- current year|||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||Balance at 1||||31|
||||January|||Gains/|December|
||||2021|Income|Expenditure|(Losses)|2021|
||||||6|||
|Unrestricted||funds||||||
|General|Funds||23,168|36,214|(40,368)||19,014|
|Endowment||funds||||||
|Endowment||Fund|1,844,497|100,000|(9,267)|182,045|2,117,275|
|Total of|funds||1,867,665|136,214|(49,635)|182,045|2,136,289|
|Statement offunds|||-prior year|||||
||||||||Balance at|
||||Balance at||||31|
||||1January|||Gains/|December|
||||2020|income|Expenditure|(Losses)|2020|
|||||8|6|||
|Unrestricted||funds||||||
|General|Funds||19,829|33,869|(30,530)||23,168|
|Endowment||funds||||||
|Endowment||Fund|1,203,670|800,000|(6,808)|47,635|1,844,497|
|Total of|funds||1,223,499|633,869|(37,338)|47,635|1,867,665|





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|Summary|offunds - current y|ear|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at 1||||31|
|||January|||Gains/|December|
|||2021|Income<br>6|Expenditure<br>f|(Losses)|2021<br>6|
|General funds||23,168|36,214|(40,368)||19,014|
|Endowment|funds|1,844,497|100,000|(9,267)|182,045|2,117,275|
|||1,867,665|136,214|(49,635)|182,045|2,136,289|
|Summary|offunds - prior year||||||
|||||||Balance et|
|||Balance at||||31|
|||1January|||Geinsr|December|
|||2020|Income|Expenditure|(Losses)|2020|
|||E|||||
|General funds||19,829|33,869|(30,530)||23,168|
|Endowment|funds|1,203,670|600,000|(6,808)|47,635|1,844,497|
|||1,223,499|633,869|(37,338)|47,635|1,867,665|



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|Analysis|ofnet assets between fund|s -current year||||
|---|---|---|---|---|---|
|||Endowment|Restricted|Unrestricted|Total|
|||funds|funds|funds|funds|
|||2021|2021|2021|2021|
||||5|||
|Fixed asset investments||2,017,024|||2,017,024|
|Current assets||106,078||48,928|155,006|
|Creditors|due within one year|(35,740)|||(35,740)|
|Difference||29,914||(29,914)||
|Total||2,117,276||19,014|2,136,290|





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||Endowment|Unrestricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2020f|2020f|2020f|
|Fixed asset investments|1,652,615||1,652,615|
|Current assets|197,351|23,168|220,519|
|Creditors due within one year|(5,469)||(5,469)|
|Total|1,844,497|23,168|1,867,665|



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||||2021|2021f|2020<br>6|2020<br>6|
|---|---|---|---|---|---|---|
|Income|||||||
|Donations|||100,000||600,000||
|Other investment<br>income|||33,087||33,869||
|Gifts / Donations|||3,127||||
|||||136,214||633,869|
|Gains on investments|||||||
|Gain/(Loss)<br>on investment|||182,045|182,045|47,634|47,634|
|Gross income<br>in the reporting||period||318,259||681,503|
|Less:|||||||
|Portfolio management|||9,267||6,808||
|Grants to institutions|||25,000||25,000||
|||||34,267||31,808|
|Support and governance|costs||||||
|Bank charges|||98||60||
|Office costs|||470||469||
|RCDC Office Costs|||10,000||||
|Accountancy|||2,300||2,500||
|Bookkeeping<br>services|||2,500||2,500||
|||||15,368||5,529|
|Total expenditure||||49,635||37,337|
|Net income for the reporting||period||268,624||644,166|
|Surplus for the reporting|period|||268,624||644,166|
|The notes on pages 11 to 18form part ofthese|||financial statements.||||