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

PDF
Markdown

2020-12-31-accounts

			Page
Reference and administrative		details ofthe charity, its Trustees and advisers
Trustees' report			2-4
Independent examiner's report
Statement offinancial	activities
Balance sheet
Notes to the financial	statements		8-16

Trustees		Linda Barker,	Linda Barker,	Chair
		Robert Craig,		Trustee
Company	registered
number		1159360
Charity regis tered
number		1159360
Principal	office	c/o Howard	Kennedy		LLP
		No.1 London		Bridge
		London
		SE19BG
Accountants		Nyman Libson		Paul LLP
		Chartered Accountants
		124 Finchley	Road
		London
		NW3 5JS
Bankers		CAF Bank Ltd
		25 Kings Hill	Avenue
		West Mailing
		Kent
		ME194JQ
Solicitors		Howard Kennedy LLP
		No.1 London	Bridge
		London
		SE1 9BG
Investment	Managers	NLP Financial		Management
		108-110Finchley Road
		London
		NW3 5JJ

			Unrestricted	Unrestricted	Total	Total
			capital funds	income funds	funds	funds
			2020	2020	2020	2019
		Note
Income and endowments	from:
Investments				33,677	33,677	29,687
Other income				138	138	460
Total income and endowments				33,815	33,815	30,147
Expenditure on: Investment management			11,807	8,561	20,368	7,491
Charitable activities:
Grants payable (note 7) Governance costs (note 8) Other expenditure			5,740	18,000 2,870	18,000 8,610	20,850 28,839 500
Total expenditure			17,547	29,431	46,978	57,680
Net (expenditure)/income before net (losses)/gains on investments			(17,547)	4,384	(13,163)	(27,533)
Net (losses)/gains on investments				(65,997)	(65,997)	47,378
Net movement in funds			(17,547)	(61,613)	(79,160)	19,845
Reconciliation offunds:
Total funds brought forward Net movement in funds			389,903 (17,547)	493,892 (61,613)	883,795 (79,160)	863,950 19,845
			372,356	432,279	804,635	883,795
Total funds carried forward

				Unrestricted
				income	Total
				funds	funds
				2020	2020
Income	from	listed	investments	33,677	33,677
				Unrestricted
				income	Total
				funds	funds
				2019	2019
					F
Income	from	listed	investments	29,687	29,687

		Unrestricted
		income	Total
		funds	funds
		2020	2020
Interest	receivable	138	138
		Unrestricted
		income	Total
		funds	funds
		2019	2019
			E
Interest	receivable	460	460

			Unrestricted
		Unrestricted	income	Total
		capital funds	funds	funds
		2020	2020	2020
			E
Advisory fees	payable	11,807	5,903	17,710
Commissions	payable		2,658	2,658
		11,807	8,561	20,368
			Unrestricted
		Unrestricted	income	Total
		capital funds	funds	funds
		2019	2019	2019
			E	F
Advisory fees	payable	4,316	2,158	6,474
Commissions	payable		1,017	1,017
		4,316	3,175	7,491

					Grants to	Total
					Institutions	funds
					2020	2020
					E	E
Donations	to	institutions	and	individuals	18,000	18,000
					Grants to	Total
					Institutions	funds
					2019	2019
					F
Donations	to	institutions	and	individuals	20,850	20 850

						Unrestricted
					Unrestricted	income	Total
					capital funds	funds	funds
					2020	2020	2020
Accountancy	and independent		examination	fees	(2,400)	(1,200)	(3,600)
Legal and professional		fees			8,100	4,050	12,150
Bank charges					40	20	60
					5,740	2,870	8,610
						Unrestricted
					Unrestricted	income	Total
					capital funds	funds	funds
					2019	2019	2019
Accountancy	and independent		examination	fees	2,400	1,200	3,600
Legal and professional		fees			16,823	8,411	25,234
Bank charges					4	1	5
					19,227	9,612	28,839

			Unrestricted	Total
			capital funds	funds
			2019	2019
			F
Loss	on	malfeasance	500	500

	Listed
	investments
	F
Valuation
At 1 January 2020	1,170,513
Additions at cost	528,007
Disposals at cost	(533,136)
Revaluation movements	(29,982)
At 31 December 2020	1,135,402
Net book value
At 31 December 2020	1,135,402
At 31 December 2019	1,170,513

	2020	2019
	E
Due within one year
Other debtors	285	284
	285	284

		2020	2019
			F
Trade creditors			7,800
Other creditors		500,000	500,000
Accruals and deferred	income	7,800	3,600
		507,800	511,400

										2020	2019
Financial	assets
Financial	assets	measured	at	fair	value	through	income	and	expenditure	1,135,402	1,170,513

Statement of general	funds - current year
					Balance at
	Balance at 1				31
	January			Gains/	December
	2020	Income	Expenditure	(Losses)	2020
	E		E
Income funds	493,892	33,815	(29,431)	(65,997)	432,279
Capital funds	389,903		(17,547)		372,356
	883,795	33,815	(46,978)	(65,997)	804,635
Statement of general	funds - prior year
					Balance at
	Balance at				31
	1 January			Gains/	December
	2019	Income	Expenditure	(Losses)	2019
Income funds	450,004	30,147	(33,637)	47,378	493,892
Capital funds	413,946		(24,043)		389,903
	863,950	30,147	(57,680)	47,378	883,795

			General	Total
			funds	funds
			2020	2020
				E
Analysis of net assets between	funds -current	period
Fixed asset investments			1,135,402	1,135,402
Current assets			177,033	177,033
Creditors due within one year			(507,800)	(507,800)
			804,635	804,635

	General	Total
	funds	funds
	2019	2019
	E
Analysis of net assets between funds - prior period
Fixed asset investments	1,170,513	1,170,513
Current assets	224,682	224,682
Creditors due within one year	(511,400)	(511,400)
	883,795	883,795