2021-04-05-accounts - The James And Ada Robb Charity

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

						2020
			Income	Capital	Total	Total
			8		8	8
incoming resources
Chmitable activities
Rcsidcntd contributions			55,650		55,650	54,600
Investment income
Dividend and interest payments			3,468		3,468	3,918
Voluntary income
Charitable gmnts			3,000		3,000	2,000
Total incoming resources			62,118		62,118	60,518
Rcsourccs expended
Investment management		costs
Portfolio management			1,806		1,806	1,637
Charitable activities
Property expenses			27,802		27,802	25,694
Christmas gifts to	residents		1,130		1,130	1,130
			28,932		28,932	26,824
Supporl costs
Administration			2,014		2,014	2.058
Cost ofCharitable	activities		30,946		30,946	28,882
Ciovemancc
Accountancy			1,000		1,000	1,000
Independent examiner's		fee	1,250		1,250	1,166
Total resources expeaded			35,002		35,002	32,685
Net incoming
resources for the	year		27,116		27,116	27,833
Recognised gains	aad (losses)
investmcnts
Realised			2,392	224	2,616	(1,254)
Unreal ised			23,922	2,236	26,158	(21,261)
Net movement in funds			53,430	2,460	55,890	5,318
Balances at 6April	2020		183,251	1,217,130	1,400,381	1,395,063
Balances at 5April 2021			6236,681	fl,219,590	81,456,271	61,400,38)

BALANCE SIIKKT	BALANCE SIIKKT	5April 2021	5April 2021
					Notes			2020f
Fixed Assets
Freehold PropertY					If	1,200,000		1,200,000
Investments					4	221,302		160,864
						1,421,302		1,360,864
Current Assets
Debtors Bank Balances					5		6,213 33,982	6,812 37,803
							40,195	44,615
Creditors: amounts	falling due
within one year
Sundry creditors					6		5,226	5,098
Net Current Assets							34,969	39,517
Total Assets less Current			Liabilities			f1,456,271		f1,400,381
Unrestricted Funds
Capital Fund					7	1,219,590		1,217,129
Income Funds
Major Repairs Reserve Accumulated Income					7 7	53,115 183,566		46,445 136,807
						f1,456,271		f1,400,381
The company is entitled to the exemption contained in section 477ofthe Companies 5 April 2021.No member ofthe company				from the audit requirement Act 2006 for the year ended has deposited anotice, pursuant			to
Section 476,requiring		an audit ofthese accounts.

Investments
					2020f
Cost
At 6April 2020				129,319	124,776
Acquisitions				76,791	58,478
Disposals				(15,261)	(53,935)
At 5 April 2021				190,849	129,319
Surplus on revaluatioa
At 6 April 2020				3,279	24,540
Increase/(Decrease) during the year				26,158	(21,261)
At 5 April 2021				29,437	3,279
Market Value At 5 April 2021				f220,286	f132,598
Investments at Market Value comprised:
Fixed interest				27,925	26,154
UK Equities & funds				62,637	40,892
Overseas Equities &funds				92,498	46,136
Alternative assets				29,878	11,890
I'roperty funds				7,348	7,526
				220,286	132,598
Uninvested cash				1,016	28,267
				f221,302	f160,865
At 5 April 2021 the charity held the following		investments	individually
representing in excess	of558ofthe total value	ofthe portfolio:
					Market
			o/o	Costf	Value I,
Artemis Institutional income I'und
2,900Income units			6.60	13,722	14,531
BNY Mellon Newton	Global Income Fund
7,507 U Income units			8.33	12,238	18,356
Fil UK Global Dividend I'und
9,400 W Income units			8.89	17,931	19,590
Fortem Capital Progressive Grovvth Fund
9,900 units			520	10,776	11,464
Lindsell Train UK Equity Fund 5,775 Income units			8.60	17,747	18,960
Link Fund Sol Ltd
]0,000Trojan income units			5.21	10,994	11,470
1P Morgan UK Equity Income Fund 2,000 C Income units			5.94	7,971	13,088
Fundsmith LLP Equity			6.92	15,160	15,252
3000Income Units

7.Movements in Funds
	Capital	Major	Aceumulstcd
	Fund	Repairs	Income	Total
				8
At 6April 2020	1,217,129	46,445	136,807	1,400,381
Net movement in funds
for the year (page 5)	2,461	6,670	46,759	55,890
At 6April 2021	81,219,590	f53,115	8183,566	1,456,271
8.Analysis ofAssets between Funds
	Capital	Major	Accumulated
	Fund	Repairsf	Income	Total
At 5April 2021
Freehold properties Listed investments	1,200,000 19,589	53,115	147,582	1,200,000 220,286
Uninvested cash			1,016	1,016
Bank balances			33,982	33,982
Debtors			6,213	6,213
	1,219,589	53,115	188,793	],461,497
Less Creditors			(5,226)	(5,226)
	f1,219,589	f53,115	183567 KI 456 271
At 5AprB 2020
Freehold properties Listed investments Uninvested cash	1,200,000 17,129	46,445	69024 28,267	1,200,000 132598 28,267
Bank balances Debtors			37,803 6,812	37,803 6,812
	1,217,129	46,445	141,906	1,405,480
Less Creditors			(5,099)	(5,099)
	81,217,129	646,445	f136,807	51,400,381