| Pages | ||||||
|---|---|---|---|---|---|---|
| Trustees' annual report |
(incorporating | the | director's | report) | 1 to | |
| Error! | ||||||
| Bookmark | ||||||
| not | ||||||
| defined. | ||||||
| Independent examiner's |
report to the | trustees | ||||
| Statement offinancial | activities (including | income and | ||||
| expenditure account) |
||||||
| Statement offinancial | position | |||||
| Notes to the financial | statements | 7to 13 |
| Registered | charity | name | name | The Lady Tangye Trust Limited | The Lady Tangye Trust Limited | The Lady Tangye Trust Limited | The Lady Tangye Trust Limited | |
|---|---|---|---|---|---|---|---|---|
| Charity registration | number | 1158139 | ||||||
| Company | registration | number | 09130167 | |||||
| Principal office and | registered | 413Bournville | Gardens | |||||
| office | 49 Bristol Road | South | ||||||
| Birmingham | ||||||||
| B31 2FT | ||||||||
| The trustees | ||||||||
| BJ Gregory | ||||||||
| MH J Plaut | ||||||||
| RJ Reading | ||||||||
| C F Smith | ||||||||
| Independent | examiner | Hannah Justice |
FCA FCCA | |||||
| BSN Associates | Limited | |||||||
| Chartered Accountants |
||||||||
| 3BSwallowfield | Courtyard | |||||||
| Wolverhampton | Road | |||||||
| Oldbury | ||||||||
| West Midlands | ||||||||
| B692JG | ||||||||
| Solicitors | Anthony Collins |
Solicitors LLP | ||||||
| 134Edmund | Street | |||||||
| Birmingham | ||||||||
| B32ES | ||||||||
| Bankers | CAF Bank | |||||||
| 25 Kings Hill |
Avenue | |||||||
| Kings Hill |
||||||||
| West Mailing | ||||||||
| Kent | ||||||||
| ME194JQ | ||||||||
| Investment | managers | Brewin Dolphin | ||||||
| 9Colmore Row | ||||||||
| Birmingham | ||||||||
| B32BJ |
| Year ended | 31Januar | y 2021 | y 2021 | ||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Unrestricted | |||||||
| funds | Total funds | Total funds | |||||
| Note | |||||||
| Income and endowments | |||||||
| Investment income |
5 | 39,788 | 39,788 | 51,011 | |||
| Total income | 39,788 | 39,788 | 51,011 | ||||
| Expenditure | |||||||
| Expenditure on raising funds: Investment management |
costs | 7 | 9313 | 9,313 | 10,854 | ||
| Expenditure on charitable |
activities | 8,9 | 34,528 | 34,528 | 33,271 | ||
| Total expenditure | 43,841 | 43,841 | 44,125 | ||||
| Net gains on investments | 10 | 28,453 | 28,453 | 150,342 | |||
| Net income and net movement | in funds | 24,400 | 24,400 | 157,228 | |||
| Reconciliation offunds |
|||||||
| Total funds brought forward |
1,490,787 | 1,490,787 | 1,333,559 | ||||
| Total funds carried forward | 1,515,187 | 1,515,187 | 1,490,787 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Note | |||||||
| Fixed assets | |||||||
| Investments | 13 | 1,438,103 | 1,440,309 | ||||
| Current assets | |||||||
| Debtors | 14 | 1,810 | 1,834 | ||||
| Investments | 15 | 34,282 | 12,201 | ||||
| Cash at bank and | in | hand | 42,741 | 38,185 | |||
| 78,833 | 52,220 | ||||||
| Creditors: amounts | falling | due within one year | 16 | 1,749 | 1,742 | ||
| Net current assets | 77,084 | 50,478 | |||||
| Total assets less | current | liabilities | 1,515,187 | 1,490,787 | |||
| Net assets | 1,515,187 | 1,490,787 | |||||
| Funds ofthe charity | |||||||
| Unrestricted funds |
1,515,187 | 1,490,787 | |||||
| Total charity funds | 17 | 1,515,187 | 1,490,787 |
| Investment | in | come | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Funds | Unrestricted | Total | Funds | |||||
| Funds | 2021 | Funds | 2020 | |||||||
| Dividends | and | interest | from | UK | ||||||
| investments | 33,881 | 33,881 | 45,370 | 45,370 | ||||||
| Dividends | and | interest | from | overseas | ||||||
| investments | 5,907 | 5,907 | 5,641 | 5,641 | ||||||
| 39,788 | 39,788 | 51,011 | 51,011 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
|---|---|---|---|---|---|---|
| Funds | 2021 | Funds | 2020 | |||
| Administration | of | investments | 9313 | 9313 | 10854 | 10854 |
| Expenditure on charitable |
activities by fund type |
|||
|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2021 | Funds | 2020 | |
| F | E | |||
| Grant making | 33,000 | 33,000 | 31,730 | 31,730 |
| Support costs | 1,528 | 1,528 | 1,541 | 1,541 |
| 34,528 | 34,528 | 33,271 | 33,271 |
| Expenditure on c |
h | aritable | activitie | s by activity type |
|||
|---|---|---|---|---|---|---|---|
| Grant funding | Support | Total funds | Total fund | ||||
| of activities | costs | 2021 | 2020 | ||||
| F | 'E | ||||||
| Grant making | 33,000 | 33,000 | 31,730 | ||||
| Governance | costs | 1,528 | 1,528 | 1,541 | |||
| 33,000 | 1,528 | 34,528 | 33,271 | ||||
| Grants to institutions | can be analysed | as follows: | |||||
| 2021 | 2020 | ||||||
| F | |||||||
| Birmingham Boys |
and Girls | Union | 2,000 | 1,500 | |||
| Chaplaincy Plus |
5,000 | 5,000 | |||||
| Cymru Leadership |
Trust | 3,000 | 5,000 | ||||
| Just Earth | 10,000 | ||||||
| New Wine Cymru | 3,000 | 8,000 | |||||
| Oxford Churches | Debt Centre | 2,000 | |||||
| The Divine Love Community | 6,000 | 6,000 | |||||
| Warley Woods Community | Trust | 1,230 | |||||
| Message Wales | 2,000 | 5,000 | |||||
| Total grants | 33,000 | 31,730 | |||||
| There are no support costs | linked to | any grants made. | |||||
| Support costs can | be analysed as follows: | ||||||
| 2021 | 2020 | ||||||
| F | |||||||
| Independent examination |
575 | 575 | |||||
| Accountancy and |
taxation | 457 | 474 | ||||
| Indemnity insurance |
432 | 432 | |||||
| Other costs | 64 | 60 | |||||
| Total support costs | 1,528 | 1,541 |
| Net gains on | inve | stmen | ts | |||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Funds | Unrestricted | Total Funds | ||||
| Funds | 2021 | Funds | 2020 | |||||
| F | E | F | ||||||
| Gains/(losses) | on | listed | investments | 28,453 | 28,453 | 150,342 | 150,342 |
| Independent | examinatio | n fees |
||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Fees payable | to the independent | examiner for: | ||||
| Independent | examination | ofthe | financial | statements | 575 | 575 |
| Other financial services | 457 | 474 | ||||
| 1,032 | 1,049 |
| Investments | |
|---|---|
| Listed | |
| investments | |
| Cost or valuation | |
| At 1 February 2020 | 1,440,309 |
| Additions | 264,477 |
| Disposals | (294,865) |
| Fair value movements | 23,534 |
| Equalisations | (271) |
| Realised gain on disposal | 4,919 |
| At 31January 2021 | 1,438„103 |
| Carrying amount |
|
| At 31January 2021 | 1,438,103 |
| At 31 January 2020 | 1,440,309 |
| Debtors | |||
|---|---|---|---|
| 2021 f |
2020 | ||
| Prepayments | and accrued income | 1,759 | 1,783 |
| Other debtors | 51 | 51 | |
| 1,810 | 1,834 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| 'E | |||||
| Short-term | deposits | 34,282 | 12,201 | ||
| 16. | Creditors: | amounts | falling due within one year | ||
| 2021 | 2020 | ||||
| E | |||||
| Accruals and deferred | income | 1,749 | 1,742 |
| At | At | |||||
|---|---|---|---|---|---|---|
| 1 February | Gains and | 31January | ||||
| 2020 | Income | Expenditure | losses | 2021 | ||
| F | E | |||||
| General | funds | 1,490,787 | 39,788 | (43,841) | 28,453 | 1,515,187 |
| At | At | |||||
| 1 February | Gains and | 31 January | ||||
| 2019 | Income | Expenditure | losses | 2020 | ||
| F | F | F | ||||
| General | funds | 1,333,559 | 51,011 | (44,125) | 150,342 | 1,490,787 |
| Analysis of net as | sets between funds | ||
|---|---|---|---|
| Unrestricted | Total Funds | ||
| Funds | 2021 | ||
| F | |||
| Investments | 1,438,103 | 1,438,103 | |
| Current assets | 78,833 | 78,833 | |
| Creditors less than | 1 year | (1,749) | (1,749) |
| Net assets | 1,515,187 | 1,515,187 | |
| Unrestricted | Total Funds | ||
| Funds | 2020 | ||
| E | |||
| Investments | 1,440,309 | 1,440,309 | |
| Current assets | 52,220 | 52,220 | |
| Creditors less than | 1 year | (1,742) | (1,742) |
| Net assets | 1,490,787 | 1,490,787 |