| Table ofContents | Page | ||
|---|---|---|---|
| Reference and Administrative | Information | ||
| Report ofthe Trustees | 4 —9 | ||
| Independent Examiner's |
Report | 10-11 | |
| Statement ofFinancial | Activity | 12 | |
| Balance Sheet | 13 | ||
| Notes to the Accounts | 14-15 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| Fund | Fund | |||
| Notes | 2021 | 2020 | ||
| Income | ||||
| Donations | 125,000 | 125,002 | ||
| Investment Income |
2,961 | 2,899 | ||
| Total Income | 127,961 | 127,901 | ||
| Expenditure | ||||
| Direct Charitable | Expenditure | 75,750 | 89,027 | |
| Support Expenditure | 810 | 506 | ||
| Total Expenditure | 76,560 | 89,533 | ||
| Net Income (before net investment | gains) | 51,401 | 38,368 | |
| Net investment | gains | 6,671 | 1,541 | |
| Funds at Start | ofYear | 403,641 | 363,732 | |
| Funds at End ofYear | 461,713 | 403,641 |
| At 28February 20 |
21 | |
|---|---|---|
| Notes | 2021 | 2020 |
| Fixed Assets | ||
| Investments | ||
| Catnbridge 4 Counties Bank Fixed Term Bond | 90,734 | 88,776 |
| Current Assets | ||
| Investments | ||
| Shambrook Bank Fixed Tenn Bond | 77,966 | 76,963 |
| CAF Managed Portfolio | 78,016 | 71,345 |
| 155,982 | 148,308 | |
| Cash at bank | 214,997 | 171,757 |
| Total Current Assets |
370,979 | 320,065 |
| Current Liabilities | ||
| Creditors - accruals | 0 | 5,200 |
| Net Current Assets | 370,979 | 314,865 |
| Total Net Assets | 461,713 | 403,641 |
| Funds | ||
| Unrestricted Funds |
461,713 | 403,641 |
| Total Funds | 461,713 | 403,641 |
| 2. | Donations | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Donations | 100,000 | 100,002 | |||
| Gift Aid | 25,000 | 25,000 | |||
| Total Donations | 125,000 | 125,002 | |||
| 3. | Investment | Income | |||
| Shawbrook | Bank | 1,003 | 988 | ||
| Cambridge | k Counties | 1,958 | 1,911 | ||
| Total Investment | Income | 2,961 | 2,899 |
| 2021 | 2020 | ||
|---|---|---|---|
| 4. | Direct Charitable Expenditure Student Bursaries |
75,000 | 80,011 |
| Grants | 8,716 | ||
| Other Student Awards | 750 | 300 | |
| Total Direct Charitable Expenditure |
75,750 | 89,027 | |
| 5. | Support Expenditure Bank Charges ITCosts |
66 744 |
60 446 |
| Total Support Expenditure | 810 | 506 | |
| 6. | Transactions with Trustees |
||
| No remuneration or expenses were paid to trustees |
during the years ended 29February | ||
| 2020 and 28February 2021. | |||
| 7. | Current Asset Investment | ||
| Value at beginning ofyear Additions to investments |
71,345 | 45,804 24,000 |
|
| Net gain on revaluation | 6,671 | 1,541 | |
| Value at end ofyear | 78,016 | 71,345 |