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||||Page|
|---|---|---|---|
|Report ofthe Trustees||1|to 3|
|Independent
Examiner's|Report|||
|Statement ofFinancial|Activities|||
|Balance Sheet||6|to 7|
|Notes to the Financial Statements||8to15||
|Detailed Statement of Financial Activities||16 to 17||
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|for the Year Ended|31 Ma
2021|||||
|---|---|---|---|---|---|
|||||31.5.21|31.5.20|
|||||Unrestricted|Total|
|||||funds|funds|
||||Notes||E|
|INCOME AND ENDOWMENTS||FROM||||
|Charitable
activities|||3|||
|Individual
grants|||||6,090|
|Investment
income||||24,927|27,129|
|Total||||24,927|33,219|
|EXPENDITURE ON||||||
|Raising funds||||9,811|10,094|
|Charitable
activities||||||
|individual
grants||||2,640|2,520|
|Institutional
grants||||10,620|45,500|
|Other||||782|765|
|Total||||23,853|58,879|
|Net gains/(losses)|on investments|||81 206|6104|
|NET INCOME/(EXPENDITURE)||||82,280|(31,764)|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought forward||||862,529|894,293|
|TOTAL FUNDS CARRIED FORWARD||||~944809|~862 529|
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|Balance Sheet
~31 M
2021||||
|---|---|---|---|
|||31.5.21|31.5.20|
|||Unrestricted|Total|
||Notes|funds
f|funds
f|
|FIXEDASSETS||||
|Investments||||
|Investments|8|629,054|541,622|
|Investment
propertY|9|220,000|220,000|
|Social investments|10|88,D77|88 D77|
|||937,131|849,699|
|CURRENT ASSETS||||
|Debtors|||6,610|
|Prepa Yments and accrued income||443|422|
|Cash at bank||8,017|4,563|
|||8,460|13,595|
|NET CURRENT ASSETS||8,460|13,595|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||945,591|863,294|
|ACCRUALS AND DEFERRED INCOME|12|(782)|(765)|
|NET ASSETS||944809|882829|
##
|~31 M
2221|||||
|---|---|---|---|---|
|FUNDS||13|||
|Unrestricted|funds:||||
|General fund|||828,961|818,729|
|Revaluation|Reserve||115.848|43,800|
||||944.809|862.529|
|TOTAL FUNDS|||944,809|862,529|
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|2.|INVESTMENT INCOME|INVESTMENT INCOME|INVESTMENT INCOME|||
|---|---|---|---|---|---|
|||||31.5.21|31.5.20|
|||||F|F|
||Rents received|||12,180|12,055|
||Rent rec'd|program|development||104|
||Dividends|received||12,747|~14970|
|||||24,927|27,129|
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|for|he Year En|ded 31 Ma
2021|ded 31 Ma
2021|ded 31 Ma
2021|ded 31 Ma
2021|||
|---|---|---|---|---|---|---|---|
|3.|INCOME|FROM CHARITABLE ACTIVITIES||||||
|||||||31.5.21|31.5.20|
|||||Activity||||
||Exceptional
items|||Individual|grants||6,090|
|4.|RAISING|FUNDS||||||
||Investment
management|||costs||||
|||||||31.5.21|31.5.20|
||Portfolio|management||||6,524|7,114|
||Administrative
expenses||||||80|
||Rent collection|||||1,570|1,603|
||Properly|repairs||||1,073|687|
||Insurance|investment|property|||644|610|
|||||||~9811|~10094|
|6.|GRANTS|PAYABLE||||||
|||||||31.5.21|31.5.20|
|||||||K||
||Individual|grants||||2,640|2,520|
||Institutional
grants|||||10,620|45,500|
|||||||13,260|48,020|
||The total|grants paid to institutions|||during the year was as follows:|||
|||||||31.5.21|31.5.20|
|||||||f||
||Hope Trust|||||4,790|42,000|
||Walton Parish Nursing|||||2,830|2,000|
||Capel Parish Nurses|||||3,000|1,500|
|||||||10,620|45,500|
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|FIXEDASSET INVESTMENTS||
|---|---|
||Listed|
||investment
f|
|INARKET VALUE||
|At 1 June 2020|541,622|
|Additions|104,103|
|Disposals|(88,719)|
|Revaluations|72,048|
|At 31 May 2021|~629054|
|NET BOOK VALUE||
|At 31 May 2021|~629054|
|At 31 May 2020|541,622|
||||Listed|
|---|---|---|---|
||||investment|
|Valuation|in|2021|~629054|
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|for t|he Year Ended 31 Ma
2021||
|---|---|---|
|9.|INVESTMENT PROPERTY||
||FAIR VALUE||
||At1 June2020||
||and 31 May 2021|220000|
||NET BOOKVALUE||
||At 31 May 2021|220,000|
||At 31 May 2020|220,000|
##
||Fenning,
Mr E.Jack and|Mr W. Elphick as trustee ofThe Golden S|unset Homes Tr|ust.|
|---|---|---|---|---|
|11.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
||||31.5.21|31.5.20|
||||6|8|
||Other debtors|||8,610|
|12.|ACCRUALS AND DEFERRED INCOME||||
||||31.5.21|31.5.20|
||||F|E|
||Accruals and deferred income||782|765|
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|MOVEM|ENT|IN FUNDS||||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.6.20|in funds|31.5.21|
|||||f||
|Unrestricted||funds||||
|General|fund||818,729|10,232|828,961|
|Revaluation||Reserve|43,800|72,048|115,848|
||||862,529|82,280|944,809|
|TOTAL|FUNDS||~862 529|~82280|~944809|
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|Net mov|emen|t
in funds,
included|in the above are as f|ollows:|||
|---|---|---|---|---|---|---|
||||Incoming|Resources|Gains and|Movement|
||||resources|expended|losses
f|in funds|
|Unrestricted||funds|||||
|General|fund||24,927|(23,853)|9,158|10,232|
|Revaluation||Reserve|||72 048|72 048|
||||24927|~23,853|~81 206|~82 280|
|TOTAL|FUNDS||24,927|23853|81.206|~82 280|
##
||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.6.19|in funds
f|31.5.20
f|
|Unrestricted|funds||||
|General fund
Revaluation|Reserve|843,109
51,184|(24,380)
~7384)|818,729
43,800|
|||894,293|~31,764|862,529|
|TOTAL FUNDS||894,293|~31,764)|~862 529|
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|Comparative|net movement
in f|unds, induded
in the ab|ove are as fol|lows:||
|---|---|---|---|---|---|
|||Incoming|Resources|Gains and|Movement|
|||resources
f|expended|losses|in funds
f|
|Unrestricted|funds|||||
|General fund||33,219|(58,879)|1,280|(24,380)|
|Revaluation|Reserve|||~7,384|~7,384)|
|||33219|~58879|6104|31764|
|TOTAL FUNDS||~33 219|~58 879|~6104|~31 764)|
|A current yea|r 12months
and prior yea|r 12months
combined
position|is as follows|:|
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.6.19|in funds|31.5.21|
|||f|||
|Unrestricted|funds||||
|General fund||843,109|(14,148)|828,961|
|Revaluation|Reserve|~51 184|~64 664|~115848|
|||894293|50516|944809|
|TOTAL FUNDS||894293|50516|944809|
|A current ye
in the above|ar 12 months
and p
are as follows:|rior year 12 months
co|mbined
net m|ovement
in fu|nds,
included|
|---|---|---|---|---|---|
|||Incoming|Resources|Gains and|Movement|
|||resources|expended
f|losses|in funds
f|
|Unrestricted|funds|||||
|General fund
Revaluation|Reserve|58,146|(82,732)|10,438|(14,148)
64.'664|
|||58,146|~82,732|75,102|~50516|
|TOTAL FUNDS||58,146|82,732|75,102|50,516|
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|Golden Sunset Trust|||||
|---|---|---|---|---|
|Detailed Statement
of|Financial Activities||||
|forthe Year Ended 31|Ma|2021|||
||||31.5.21
f|31.5.20
f|
|INCOME AND ENDOWMENTS|||||
|Investment
income|||||
|Rents received|||12,180|12,055|
|Rent rec'd program
development||||104|
|Dividends
received|||12,747|14,970|
||||24,927|27,129|
|Charitable
activities|||||
|Exceptional
items||||6090|
|Total incoming
resources|||24,927|33,219|
|EXPENDITURE|||||
|Investment
management||costs|||
|Porffolio management|||6,524|7,114|
|Administrative
expenses||||80|
|Rent collection|||'l,570|1,603|
|Property repairs|||'l,073|687|
|Insurance
investment|property||644|610|
||||9,811|10,094|
|Charitable
activities|||||
|Grants to institutions|||10,620|45,500|
|Grants to individuals|||2,640|2,520|
||||13,260|48,020|
|Support costs|||||
|Governance costs|||||
|Independent
examiner|||782|765|
|Total resources expended|||23,853|58,879|
|Net income/(expenditure)||before gains|||
|and losses|||1,074|(25,660)|
##
|Golden Sunset Trust|Golden Sunset Trust|Golden Sunset Trust|Golden Sunset Trust|||
|---|---|---|---|---|---|
|Detailed Statement
ofFinancial Activities||||||
|for the Year Ended 31 Ma||2021||||
|||||31.5.21|31.5.20|
|Realised and unrealised||recognised|gains and losses|||
|Realised and unrealised|gains/(losses)||on|||
|fixed asset investments||||81,206|~6,104|
|Net income/(expenditure)||||~82 280|~31 764|