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2021-04-05-accounts
| Trustees |
David Stables |
|
Rachel Stables |
|
AndrewWhitwam |
|
James Berry |
| Charity number |
1156863 |
| Independent examiner |
Richard Lewis FCCA |
|
RSM UK Taxand Accounting Limited |
|
CharteredAccountants |
|
Two Humber Quays |
|
Wellington StreetWest |
|
Hull |
|
HU1 2BN |
| Bankers |
Santander UK PLC |
|
2 Triton Square |
|
Regent's Place |
|
London |
|
NW1 3AN |
| Solicitors |
Rollits LLP |
|
Forsyth House |
|
Alpha Court |
|
Monks Cross |
|
York |
|
YO32 9WN |
| Investment advisors |
InvestecWealth & Investment Limited |
|
30 Gresham Street |
|
London |
|
EC2V 70N |
|
|
2021 |
2020 |
|
Notes |
£ |
£ |
| Income from: |
|
|
|
| Investments |
2 |
51,234 |
80,408 |
| Expenditureon: |
|
|
|
| Raisingfunds |
3 |
19,501 |
27,208 |
| Charitable activities |
4 |
258,991 |
936,778 |
| Total resources expended |
|
278,492 |
963,986 |
| Netgains/(losses) on investments |
8 |
353,141 |
(196,318) |
| Net movement in funds |
|
125,883 |
(1,079,896) |
| Totalfunds broughtforward |
|
2,330,131 |
3,410,027 |
| Total funds carried forward |
|
2,456,014 |
2,330,131 |
|
|
|
2021 |
|
2020 |
|
Notes |
£ |
£ |
£ |
£ |
| Fixed assets |
|
|
|
|
|
| Investments |
9 |
|
2,449,954 |
|
2,115,097 |
| Current assets |
|
|
|
|
|
| Debtors |
10 |
|
|
100 |
|
| Cash atbankand in hand |
|
56,011 |
|
231,535 |
|
|
|
56,011 |
|
231,635 |
|
| Creditors: amounts falling due within |
11 |
|
|
|
|
| one year |
|
(49,951) |
|
(16,601) |
|
| Netcurrentassets |
|
|
6,060 |
|
215,034 |
| Total assets less current liabilities |
|
|
2,456,014 |
|
2,330,131 |
| Income funds |
|
|
|
|
|
| Unrestrictedfunds |
|
|
2,456,014 |
|
2,330,131 |
|
|
|
2,456,014 |
|
2,330,131 |
| The financial statementswere approved bythe trustees on |
|
12/12/21
. |
|
|
|
| David Stables |
|
|
|
|
|
| Trustee |
|
|
|
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
| Income |
from investments |
50,369 |
80,165 |
| Interest |
receivable |
865 |
243 |
|
|
51,234 |
80,408 |
|
|
-- |
|
|
2021 |
2020 |
|
£ |
£ |
| Investmentmanagement |
19,501 |
27,208 |
|
19,501 |
27,208 |
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Expenditure in relation to open source software and projectmanagement |
252,208 |
928,608 |
|
Share ofgovernance costs (see note 5) |
6,783 |
8,170 |
|
|
258,991 |
936,778 |
| 5 |
Governance costs |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Accountancy |
4,980 |
4,680 |
|
Independentexaminationfees |
1,620 |
1,620 |
|
Bank charges |
83 |
290 |
|
Interest |
100 |
|
|
Meeting room rental |
|
1,580 |
|
|
6,783 |
8,170 |
|
Analysed between |
|
|
|
Charitable activities |
6,783 |
8,170 |
|
|
|
2021 |
2020 |
|
|
|
£ |
£ |
|
Change in fairvalue ofinvestments |
|
353,141 |
(196,318) |
| 9 |
Fixed asset investments |
|
|
|
|
|
Investments |
Cash in |
Total |
|
|
|
portfolio |
|
|
|
£ |
£ |
£ |
|
Cost or valuation |
|
|
|
|
At6April 2020 |
1,995,857 |
119,240 |
2,115,097 |
|
Additions |
1,411,047 |
(48,939) |
1,362,108 |
|
Change in fairvalue |
353,141 |
|
353,141 |
|
Income reinvested |
3,932 |
|
3,932 |
|
Equalisation |
1,424 |
|
1,424 |
|
Disposals |
(1,385,748) |
|
(1,385,748) |
|
At5April 2021 |
2,379,653 |
70,301 |
2,449,954 |
|
Carrying amount |
|
|
|
|
At5April 2021 |
2,379,653 |
70,301 |
2,449,954 |
|
At5April 2020 |
1,995,857 |
119,240 |
2,115,097 |
|
|
|
2021 |
2020 |
|
|
|
£ |
£ |
|
Investments atfairvalue comprise: |
|
|
|
|
UK Fixed Interest |
|
700,138 |
409,813 |
|
UK Quoted Equities |
|
227,317 |
232,019 |
|
UK UnitTrusts |
|
194,996 |
82,203 |
|
Real Estate InvestmentTrusts |
|
80,275 |
106,800 |
|
Overseas Fixed Interest |
|
630,170 |
335,919 |
|
Overseas Equities |
|
108,318 |
394,843 |
|
AlternativeAssets |
|
438,439 |
434,260 |
|
|
|
2,379,653 |
1,995,857 |
| 10 |
Debtors |
|
|
|
|
2021 |
2020 |
|
Amounts falling due within one year: |
£ |
£ |
|
Other debtors |
|
100 |
| 11 |
Creditors: amounts falling due within one year |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Accruals and deferred income |
49,951 |
16,601 |
|
|
|
Movement in funds |
Movement in funds |
|
|
|
|
Balance at 6 |
Incoming |
Resources |
Gains and |
Balance at 5 |
|
|
April 2020 |
resources |
expended |
losses |
April 2021 |
|
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted |
funds |
2,330,131 |
51,234 |
(278,492) |
353,141 |
2,456,014 |
|
|
2,330,131 |
51,234 |
(278,492) |
353,141 |
2,456,014 |
|
|
|
Movement in funds |
|
|
|
|
|
Balance at 6 |
Incoming |
Resources |
Gains and |
Balance at 5 |
|
|
April 2019 |
resources |
expended |
losses |
April 2020 |
|
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted |
funds |
3,410,027 |
80,408 |
(963,986) |
(196,318) |
2,330,131 |
|
|
3,410,027 |
80,408 |
(963,986) |
(196,318) |
2,330,131 |
| Analysis of net assets between funds |
|
|
Total |
|
£ |
| Fund balances at5April 2021 are represented by: |
|
| Investments |
2,449,954 |
| Currentassets/(liabilities) |
6,060 |
|
2,456,014 |