2021-03-31-accounts

			Page
Report ofthe Trustees		1	to	2
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements		6to12
Detailed Statement of Financial Activities

	FOR THE	YEAR ENDED 31 M	ARCH 2021
			2021	2020
			Unrestricted	Total
			fund	funds
		Notes		E
INCOMING RESOURCES FRONI
Investment income			53,520	51,495
RESOURCES EXPENDED ON
Costs of generating funds			16,099	20,795
Charitable activities
Charitable distributions			20,000	38,353
Advertising				246
Total			36,099	59,394
Net gains/(losses) on	investments		126,266	~57,808)
NET INCOME/(EXPENDITURE)			143,687	(65,707)
RECONCILIATION OF FUNDS
Total funds brought	forward		1,117,101	1,182,808
TOTAL FUNDS CARRIED FORWARD			1,260,788	1,117,101

	Balance Sheet. 31 MARCH 2021
		2021	2020
		Unrestricted	Total
		fund	funds
	Notes		E
FIXEDASSETS
Investments		1,250,533	1,107,733
CURRENT ASSETS
Cash at bank		13,255	12,368
CREDITORS
Amounts falling due within one year	7	(3,000)	(3,000)
NET CURRENT ASSETS		10,255	9,368
TOTAL ASSETS LESSCURRENT
LIABILITIES		1,260,788	1,117,101
NET ASSETS		1,260,788	1,117,101
FUNDS
Unrestricted funds		1,260,788	1,117,101
TOTAL FUNDS		1,260,788	1,117,101

2.	INVESTME NT INCOME
								2021		2020
								E
	Rental profit							27,400		27,204
	Dividend Income							26,120		24,291
								53,520		51,495
3.	COSTS OF GENERATING			FUNDS
	Costs ofgenerating	voluntary			income
								2021		2020
								E		E
	Support costs							6,512		11,783
	Investment management			costs
								2021		2020
	Portfolio management							9,587		9,012
	Aggregate amounts							16,099		20,795
4.	TRUSTEES' REMUNERATION				AND BENEFITS
	Trustees' expenses
	During the year under		review		travelling	expenses	of F112.70 were	paid	to Mr A. Elston
	(2020:F2,182.60).
5.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

COMPARA	TIVES F	OR THE STATEMENT OF FINANCIA	L ACTIVITIES
			Unrestricted
			fund
			E
INCOMING	RESOURCES FROM
Investment	income		51,495
RESOURCES EXPENDED ON
Costs of generating		funds	20,795
Charitable	activities
Charitable	distributions		38,353
Advertising			246
Total			59,394

			F	F	OR THE YEAR ENDED 31 MARCH	2021	2021
	COMPARATIVES		FOR		THE STATEMENT OF FINANCIAL	ACTIVITIES -continued
							Unrestricted
							fund
	Net gains/(losses)		on investments				E ~57,808)
	NET INCOIVIE/(EXPENDITURE)						(65,707)
	RECONCILIATION			OF FUNDS
	Total funds	brought		forward			1,182,808
	TOTAL FUNDS CARRIED
	FORWARD						1,117,101
6.	FIXEDASSET INVESTMENTS
						2021 f	2020 E
	Shares					607,735	481,468
	Other					642,798	626,265
						1,250,533	1,107,733
	Additional information			as	follows:
							Listed
							investments
	MARKET VALUE
	At 1 April 2020						481,468
	Additions						91,397
	Disposals						(44,301)
	Revaluations						79,171
	At 31 March	2021					607,735
	NET BOOK	VALUE
	At 31 March	2021					607,735
	At 31 March	2020					481,468
	There were	no investment			assets outside the UK.

Investments	(neithe	r listed nor unlisted) were a	s follows:
			2021	2020
				E
Investment	properties		580,001	580,001
Cash at Investment		broker	62,797	46,264
			642,798	626,265

CREDITORS	: AMOUNTS	FALLING DUE WITHIN ONE YEAR
			2021	2020
			E	E
Other creditors			3,000	3,000
MOVEMENT	IN FUNDS
			Net
			movement	At
		At 1.4.20	in funds	31.3.21
		E	E
Unrestricted	funds
General fund		1,117,101	143,687	1,260,788
TOTAL FUNDS		1,117,101	143,687	1,260,788

Net mov	ement	in funds, include	d in the above are as	follows:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
			E	E	E	E
Unrestricted		funds
General	fund		53,520	(36,099)	126,266	143,687
TOTAL	FUNDS		53,520	~36,099)	126,266	143,687

Compar	atives	for movement in fu	nds
					Net
					movement	At
			At 1.4.19		in funds	31.3.20
			E			E
Unrestricted		funds
General	fund		1,182,808	'	(65,707)	1,117,101
TOTAL	FUNDS		1,182,808	~85,707)		1,117,101

Comparative	net movement in	funds, included in the	above are as	follows:
		Incoming resources	Resources expended	Gains and losses	Movement in funds
		F	F	.E	F
Unrestricted	funds
General fund		51,495	(59,394)	(57,808)	(65,707)
TOTAL FUNDS		51,495	~59,394)	(57,808)	(65,707)

A current yea	r 12months and prior	year 12 months combined posit	ion is as foll	ows:
			Net
			movement	At
		At 1.4.19	in funds	31.3.21
		F	F
Unrestricted	funds
General fund		1,182,808	77,980	1,260,788
TOTAL FUNDS		1,182,808	77,980	1,260,788

included	in th	e above are as fo	llows:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
					F	E
Unrestricted		funds
General	fund		105,015	(95,493)	68,458	77,980
TOTAL	FUNDS		105,015	~95,493)	68,458	77,980

	FOR THE YEAR ENDED	31 IIARCH 2021
		2021	2020
		E	E
INCOIVIING RESOURCES
Investment income
Rental profit		27,400	27,204
Dividend Income		26,120	24,291
		53,520	51,495
Total incoming resources		53,520	51,495
RESOURCES EXPENDED
Investment management	costs
Portfolio management		9,587	9,012
Charitable activities
Advertising			246
Grants to individuals		20,000	38,353
		20,000	38,599
Supportcosts
Trustees' expenses		113	2,183
Legal Fees		3,399	6,600
Accountancy		3,000	3,000
		6,512	11,783
Total resources expended		36,099	59,394
Net income/(expenditure)		17,421	~7,899)