||||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)|