##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||2021|2020|
|---|---|---|---|---|---|
|||||Unrestricted|Total|
|||||fund|funds|
||||Notes|E|E|
|INCOME AND ENDOWMENTS||FROM||||
|Investment
income||||1,224,513|1,242,260|
|EXPENDITURE ON||||||
|Raising funds||||169,272|163,677|
|Charitable
activities||||||
|Grants payable||||791,438|883,404|
|Support costs||||69,364|69,748|
|Governance
costs||||3,960|4,239|
|Total||||1,034,034|1,121,068|
|Net gains/(losses)|on investments|||11,777,119|(5,700,2321|
|NET INCOME/(EXPENDITURE)||||11,967,598|(5,579,040)|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought forward||||40,812,338|46,391,378|
|TOTAL FUNDS CARRIED FORWARD||||52,779,936|40,812,338|
##
||||2021|2020|
|---|---|---|---|---|
||||Unrestricted|Total|
||||fund|funds|
|||Notes|f|f|
|FIXEDASSETS|||||
|Investments|||51,451,186|39,838,922|
|CURRENT ASSETS|||||
|Debtors||12|81,030|78,347|
|Cash at bank|||1,364,128|1,096,571|
||||1,445,158|1,174,918|
|CREDITORS|||||
|Amounts
falling due within one year||13|(1164408)|(201,502L|
|NET CURRENT ASSETS|||1,328,750|973,416|
|TOTAL ASSETS LESSCURRENT LIABILITIES|||52,779,936|40,812,338|
|NET ASSETS|||33,3 9,936|49.3»,339|
|FUNDS||14|||
|Unrestricted|funds||5237794936|40812338|
|TOTAL FUNDS|||,»9,936||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||f|E|
|Quoted investments||-dividends||||1,182,336|1,193,343|
|Quoted investments||- CPF||||41,709|45,565|
|Short term|cash deposit||interest|||468|3,352|
|||||||1,224,513|1,242,260|
|RAISING FUNDS||||||||
|INVESTMENT MANAGEMENT||||COSTS||||
|||||||2021|2020|
|||||||f|E|
|Investment|management||fees|||169,272|163,677|
|CHARITABLE ACTIVITIES|||COSTS|||||
||||||Grant|||
||||||funding of|||
||||||activities|Support||
||||||(see note|costs (see||
||||||6)|note 7)|Totals|
||||||E|E|E|
|Grants payable|||||791,438||791,438|
|Support costs||||||69,364|69,364|
|Governance|costs|||||3,960|3,960|
||||||792d438|73,324|864,762|
|GRANTS PAYABLE||||||||
|||||||2021|2020|
|||||||f|E|
|Grants paya|ble|||||792ASB|883A04|
##
|6.|GRANTS PAYABLE - continued|||||
|---|---|---|---|---|---|
|||||2021|2020|
||||||E|
||Balance brought
forward|||6,000|19,910|
||Com
uni
Pro acts and lnt|ation||||
||Ackers Adventure,
Birmingham||||5,000|
||Age Concern
Birmingham|||5,000||
||Betel UK|||5,000||
||Bike Project||||3,000|
||Birmingham
Children's
Community||Venture||5,000|
||Birmingham
City Mission||||5,000|
||Birmingham
People's Centre|||3,000||
||Bromsgrove
Minibus Appeal||||3,000|
||Bromsgrove
United Charities||||3,000|
||Bryony House, Selly Oak|||5,000||
||Caring for Communities
and People||||5,000|
||Climbing
Out|||3,875||
||Community
Link (Stafford &District)||||3,000|
||Cystic Fibrosis Holiday
Fund||||3,000|
||Dodford Children's
Farm, Bromsgrove||||3,000|
||Emmanuel
New Life Community|Church||5,000||
||Friends World Committee
for Consultation||||5,000|
||Hearing Dogs for Deaf People||||3,000|
||Heart of England
Community
Foundation|||50,000|50,000|
||Heaven Gate Centre, Birmingham||||3,000|
||Hill Street Youth and Community||Centre, Coventry||50,000|
||Home-Start
Derby||||5,000|
||Immanuel
Church,
Highters
Heath|||5,000||
||Jericho Foundation,
Birmingham||||5,000|
||Kidderminster
Baptist Church|||3,000||
||KIDS|||5,000||
||Maggs Day Centre, Worcester||||5,000|
||Malvern
Special Families||||3,000|
||Marine Society and Sea Cadets||||10,000|
||Martineau
Gardens,
Birmingham||||5,000|
||National Star||||25,000|
||Oldbury
New Testament
Church|ofGod||5,000||
||StChad's Church,
Rubery|||3,000||
||St Chad's Church, Sutton Coldfield|||5,000||
||StGermain's
Church, Edgbaston|||10,000||
||StJohn's Church, Bromsgrove|||5,000||
||StJohn the Baptist Church, Eastnor|||5,000||
||StLaurence Church,
Northffeld|||5,000||
||StMary's Youth Project, Cleobury||Mortimer|3,000||
||St Michael and All Angels Church,||Thurmaston|5,000||
||Sandwell
Asian Development
Association||||5,000|
||Sandwell
Churches
Link||||5,000|
||Scouts: 2nd Brewood Scout Group||||3,000|
||Balance carried forward|||141,875|239,910|
|6.|GRANTS PAYABLE - continued||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||E|E|
||Balance brought
forward||||141,875|239,910|
||Scouts: 7th Wyre Forest Scout Group|||||4,000|
||Sea Cadets: Birmingham
Vernon||Unit|||3,000|
||Smethwick
Church Action Network|||||3,000|
||Sport4Life||||5,000|3,000|
||StFrancis Youth and Community||Centre, Bournville|||3,000|
||St Mark's
All Together
in One Place,|||Stoke||3,000|
||Variety, the Children's
Charity|||||5,000|
||Warwickshire
(2nd) Sea Scouts||||4,000||
||Windmill
Community
Church, Wolverhampton|||||5,000|
||Worth Foundation
Ltd
Plus 11/44 grants ofless than f3,000||||21,898|3,000
75,350|
||Conservation
and Environment||||||
||Avoncroft Museum of Buildings||||500|10,000|
||British Trust for Ornithology|||||3,000|
||Ironbridge
Gorge Museum Trust||||50,000||
||Lapel Canal Trust|||||5,000|
||Nottinghamshire
Wildlife Trusts|||||3,000|
||StGeorge's Church, Edgbaston|||||4,000|
||Shrewsbury
Abbey||||5,000||
||Staffordshire
Wildlife Trust||||5,000||
||Warwick Quaker Meeting
Plus 0/8 grants ofless than f3,000||||3,000|14,074|
||Corn
asslonate
Su
ort||||||
||ARCOS||||5,000||
||Autistica|||||5,000|
||Beating Time|||||3,000|
||Bethel Health and Healing||||5,000||
||Big Issue||||5,000||
||Birmingham
City Mission||||5,000||
||Birmingham
Community
Healthcare|||Trust|5,000||
||Birmingham
St Mary's Hospice|||||5,000|
||Birmingham
Samaritans||||5,000||
||Birmingham
Women's
Hospital|Charity||||100,000|
||British Red Cross||||4,500|5,000|
||Broardening
Choices|||||5,000|
||Castel Froma, Leamington
Spa||||5,000||
||Cavell Nurses||||5,000||
||Chris Westwood
Charity for Children|||||3,000|
||Cruse Bereavement
Care, Shropshire|||||6,000|
||Cystic Fibrosis Trust|||||5,000|
||Balance carried forward||||280,773|523,334|
##
|6.|GRANTS PAYABLE - continued|||||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||||E|E|
||Balance brought forward|||||280,773|523,334|
||Dimbleby Cancer Care Map||||||10,000|
||Family Action|||||10,000||
||Family Society|||||5,000||
||Father Hudson's
Society|||||20,000||
||FoodCycle|||||10,000||
||Hereford
shire
Samaritans|||||5,000||
||Hope Support Services|||||3,000||
||House of Bread|||||5,000||
||LawWorks|||||5,000||
||Macintyre|||||3,600||
||Macular Society||||||3,000|
||Marie Curie Cancer Care||||||7,800|
||Mary Stevens Hospice, Stourbridge|||||20,000|5,000|
||Myton Hospices|||||5,000||
||Neuromuscular
Centre Midlands||||||5,000|
||Primrose Hospice, Bromsgrove||||||5,000|
||Redthread
Youth Ltd||||||5,000|
||Re-Engage|||||5,000||
||St Basils|||||20,000||
||StJohns Ambulance|||||5,000||
||Samaritans
Birmingham||||||5,000|
||Sandwell
and West Birmingham|Hospitals|||NHS Trust|5,000||
||Sandwell
Homeless/Resettlement||Project||||11,000|
||St Martin's
Centre for Health and||Healing,||Birmingham|5,000|5,000|
||Shrewsbury
Ark||||||5,000|
||Shrewsbury
Samaritans|||||5,000||
||SIFA Fireside|||||20d000||
||Signal||||||3,000|
||South Warwickshire
NHS Foundations|||Trust||5,000||
||Stroke Association||||||3,500|
||University
Hospitals
Birmingham|Charity||||5,000||
||University
Hospitals of North Midlands|||||5,000||
||Walsall Society for the Blind|||||5,000||
||West Mercia Rape &Sexual Abuse||Support||||3,000|
||Worcester Samaritans|||||5,000||
||Worcestershire
Acute Hospitals|Charity||||5,000||
||YMCA Sutton CoIdfield|||||5,000||
||Zoe's Place Baby Hospice, Coventry||||||10,000|
||Plus 6/29 grants ofless than E3,000|||||8,900|46,070|
||dodd
dd|||||||
||Access Project||||||5,000|
||Albrighton
Trust||||||5,000|
||Archbishop ofYork Youth Trust||||||5,000|
||Balance carried forward|||||481,273|670,704|
##
##
|6.|GRANTS PAYABLE - continued|GRANTS PAYABLE - continued||||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||||f|E|
||Balance brought
forward|||||481,273|670,704|
||Birmingham
Disability
Resource Centre|||||5,000||
||BJCooper Bequest Trust|(Chadsgrove||School)|||5,000|
||Bryntail Cottage Charity|||||10,000||
||Central
England Quakers: Peacemakers||||||5,000|
||Criminon
UK|||||3,000||
||Dodford Children's
Farm, Bromsgrove|||||3,000||
||Fort Royal Primary School (Friends of)|||||3,000||
||Hardman
Trust||||||5,000|
||Home for Good||||||4,000|
||Insight|||||3,000||
||Listening
Books||||||3,000|
||Longlands|||||5,000||
||Martineau
Gardens,
Birmingham|||||5,000||
||New College Worcester||||||4,200|
||New Model Institute for|Technology|and Engin||eenng|53,165||
||No Way Trust||||||5,000|
||Normandy
Day UK|||||2,000||
||Queen Alexandra
College||||||5,000|
||Royal National
College for the Blind||—Hereford||||4,000|
||St Basils (Halam Youth Village)|||||50,000||
||SENSETouchbase Centre,|Birmingham||||50,000|75,000|
||Sight Concern, Worcestershire||||||5,000|
||Steps Conductive
Education Centre|||||3,000||
||Trailblazers
Mentoring||||||4,000|
||Wildgoose
Rural Training|||||5,000||
||Woodbrooke
Quaker Study Centre:||W|Littleboy|s bursaries||8,000|
||Young People First Midlands||||||5,000|
||Plus 4/18 grants of less than E3,000|||||7,000|36,000|
||Interfaith
and Multifaith|Relations||||||
||The Feast Youth Project||||||3,000|
||Plus 0/1 grant ofless than E3,000||||||1,000|
||Research|||||||
||Action Medical Research|||||10,000||
||Alzheimer's
Research
UK|||||10,000||
||Bone Cancer Research Trust|||||5,000||
||Brain Tumour||||||10,000|
||DEBRA|||||50,000|25,000|
||Diabetes
UK|||||10,000||
||Organic Research Centre|||||3,000||
||The Scar Free Foundation|||||15,000||
||Plus 0/1 grant of less than|E3,000||||||
||Total of104/193 grants payable|||||791,438|883,404|
##
|||||Information|Governance||
|---|---|---|---|---|---|---|
|||Management|Finance|technology|costs|Totals|
|||E|E|E|E|f|
|Support costs||68,905|129|330||69,364|
|Governance|costs||||3,960|3,960|
|||88,905|129|330|3,960|73,324|
##
|||2021|2020|
|---|---|---|---|
|||Support|Total|
|||costs|activities|
|||E|E|
|Wages||54,298|53,350|
|Social security||2,279|3,171|
|Pensions||5,435|5,345|
|Rent||9,243|8,750|
|Insurance||5,434|4,700|
|Telephone||1,867|1,258|
|Postage and stationery||1,238|1,550|
|Subscriptions||595|588|
|Legal and professional||1,412|1,847|
|Sundries||754|1,871|
|Administration|fee|(13,650)|(13,500)|
|||68,905|68,930|
|FINANCE||||
|||2021|2020|
|||Support|Total|
|||costs|activities|
|||6|f|
|Bank charges||129|260|
##
##
##
|INFORMA|TION|TECHNOLOGY|||
|---|---|---|---|---|
||||2021|2020|
||||Support|Total|
||||costs|activities|
||||E|f|
|ITcosts|||330|558|
|GOVERNANCE||COSTS|||
||||2021|2020|
||||Governance|Total|
||||costs|activities|
||||6|E|
|Auditors'|remuneration||3,960|4,028|
|Sundries||||211|
||||3,960|4,239|
##
##
##
##
|STAFF COSTS|||||
|---|---|---|---|---|
||||2021|2020|
||||E|E|
|Wages and salaries|||54,298|53,350|
|Social security costs|||2,279|3,171|
|Other pension costs|||5,435|5,345|
||||62,012|61,866|
|The average monthly|number ofemployees|during the year was as follows:|||
||||2021|2020|
|Management|||1|1|
##
|10.|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES||
|---|---|---|---|
||||Unrestricted|
||||fund|
||||E|
||INCOME AND ENDOWMENTS|FROM||
||Investment
income||1,242,260|
||EXPENDITURE ON|||
||Raising funds||163,677|
||Charitable
activities|||
||Grants payable||883,404|
||Support costs||69,748|
||Governance
costs||4,239|
||Total||1,121,068|
||Net gains/(losses)
on investments||(5,700,232)|
||NET INCOME/(EXPENDITURE)||(5,579,040)|
||RECONCILIATION
OF FUNDS|||
||Total funds brought forward||46,391,378|
||TOTAL FUNDS CARRIED FORWARD||48,812,338|
##
##
##
|||2021|2020|
|---|---|---|---|
|||E|f|
|Market value at 6April 2020||39,416,760|44,941,137|
|Additions|at cost|15,839,563|19,869,624|
|Sale proceeds on disposal||(15,637,272)|(19,693,769)|
|Gain/(loss)|in the year:|||
|-realised|and unrealised|11,777,119|(5,700,232)|
|||51,396,170|39,416,760|
|Cash on deposit as at 5April 2021||55,016|422,162|
|Market value at 5April 2021||51,451,186|39,838,932|
|Historic cost at 5April 2021||42,737,235|40,934,985|
|ANALYSIS|OF INVESTMENTS|||
|||2021|2020|
|||f.|f|
|UK gilts|||1,274,674|
|UK quoted|equities|24,222,985|20,199,342|
|Non-UK quoted equities and bonds||24/004801|15,520,075|
|UKquoted|bonds|2,772,384|2,422,679|
|Cash||55,016|422,162|
|||~1,451, 86|59,838,982|
##
|Individu|al
in|vestme|nts|in exce|ss ofSNofthe total portfolio va|lue consist ofthe following.||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||||f|f|
|Findlay|Park|Funds|pic|(2020:|6.02%)||2,398,904|
||||||||2,398,994|
##
|13.|CREDITORS:|AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||f|E|
||Other creditors||||116,408|201,502|
|14.|MOVEMENT|IN FUNDS|||||
||||||Net||
||||||movement|At|
|||||At 6.4.20|in funds|5.4.21|
|||||E|E|E|
||Unrestricted|funds|||||
||General fund|||40p812p338|1lg967p598|52p779 936|
||TOTAL FUNDS|||40p812y338|11~967p598|52~779~936|
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|||E|E|E|E|
|Unrestricted|funds|||||
|General fund||1,224,513|(1,034,034)|11,777,119|11,967,598|
|TOTAL FUNDS||.H4,
1|(,0%4,03~I|11,777,119|11,961,598|
##
||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 6.4.19|in funds|5.4.20|
|||E|E|E|
|Unrestricted|funds||||
|General fund||46,391,378|(5,579,040)|40,812,338|
|TOTAL FUNDS||46,391,378|(5,579,040)|40,812,338|
##
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
||||E|E|E|
|Unrestricted|funds|||||
|General fund||1,242,260|(1,121,068)|(5,700,232)|(5,579,040)|
|TOTALFUNDS||1,242,260|(1,121,068)|(5,700,232)|(5,579,040)|
||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 6.4.19|in funds|5.4.21|
||||E|6|
|Unrestricted|funds||||
|General fund||46,391,378|6,388,558|52,779,936|
|TOTALFUNDS||46,391,378|6,388,558|52,779,936|
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|||E|E|f|E|
|Unrestricted|funds|||||
|General fund||2,466,773|(2,155,102)|6,076,887|6,388,558|
|TOTALFUNDS||2466773|(2 155102)|6076887|6~388558|
##
##
##
##
|RECONCILIATION|RECONCILIATION|OF NET INCOME/(EXPENDITURE)|OF NET INCOME/(EXPENDITURE)|OF NET INCOME/(EXPENDITURE)|OF NET INCOME/(EXPENDITURE)|TO NET CASH|FLOW FROM|OPERATING ACTIVITIES|OPERATING ACTIVITIES|
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020|
|||||||||E|E|
|Net income/(expenditure)||||for the reporting|period|(as per the||||
|Statement of|Financial Activities)|||||||11,967,598|(5,579,040)|
|Adjustments|for:|||||||||
|(Gain)/losses|on investments|||||||(11,777,119)|5,700,232|
|Interest received||||||||(468)|(3,352)|
|Dividends
received||||||||(1,224,045)|(1,238,908)|
|(Increase)/decrease|||in debtors|||||(2,683)|43,461|
|(Decrease)/increase|||in creditors|||||(85,094)|157,798|
|Net cash used|in operations|||||||(1,121,811)|(919,809)|
|ANALYSIS OF|CHANGES|||IN NET FUNDS||||||
||||||||At 6.4.20|Cash flow|At 5.4.21|
||||||||E|E|E|
|Net cash||||||||||
|Cash at bank|||||||1,096,571|267,557|1,364,128|
|Cash with investment|||manager||||422,162|(367,146)|55,016|
||||||||1,096,571|(99,589)|1,419,144|
|Total|||||||1,096,571|~99,999|1,419,144|
##
##
||2021|2020|
|---|---|---|
||E|E|
|Within one year|9,250|9,073|
|Between two and five years|2,965|12,215|
|In more than five years|||
||12,215|21,288|