| FOR THE YEAR ENDED 31STDECEMBER 2021 | FOR THE YEAR ENDED 31STDECEMBER 2021 | FOR THE YEAR ENDED 31STDECEMBER 2021 | FOR THE YEAR ENDED 31STDECEMBER 2021 | FOR THE YEAR ENDED 31STDECEMBER 2021 | |
|---|---|---|---|---|---|
| REFERENCE AND ADMINISTRATIVE INFORMATION |
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| Trustees: | Kay Ball (Chairman) | ||||
| Sujata Banerjee (resigned | 5th February 2021) | ||||
| Jill Bush | |||||
| Jacqueline Ferguson |
|||||
| Peter Malcolm | Hill | ||||
| Elisabeth Swan |
(Administrator) | ||||
| Charity Number: | 1161055 | ||||
| Address: | 28 Prykes Drive | ||||
| Chelmsford | |||||
| CMI 1TP | |||||
| Solicitors: | GBH Law Limited | ||||
| 7/8 Innovation | Place | ||||
| Douglas Drive | |||||
| Godalming | |||||
| GU7 1JX | |||||
| Independent | Examiner: | Nigel A Prentis | FCA | ||
| Prentis &Co LLP | |||||
| Chartered Accountants |
|||||
| 115cMilton Road | |||||
| Cambridge | |||||
| CB41XE | |||||
| Bankers: | CAF Bank Ltd | ||||
| 25 Kings Hill | |||||
| West Mailing | |||||
| Kent | |||||
| ME194JQ | |||||
| National Westminster |
Bank | ||||
| Moorgate (A) Branch | |||||
| PO Box712 | |||||
| 94 Moorgate | |||||
| London | |||||
| EC2M 6UR | |||||
| Investment | Managers: | Charles Stanley | &Co | Limited | |
| 55 Bishopsgate | |||||
| London | |||||
| EC2N 3AS |
| YEAR ENDED 31ST DECEMBER 2021 | YEAR ENDED 31ST DECEMBER 2021 | YEAR ENDED 31ST DECEMBER 2021 | YEAR ENDED 31ST DECEMBER 2021 | YEAR ENDED 31ST DECEMBER 2021 | ||||
|---|---|---|---|---|---|---|---|---|
| Notes | 2021 | 2020 | ||||||
| g | ||||||||
| Income | ||||||||
| Investment income |
18,593 | 10,288 | ||||||
| Donations | 5,000 | 505 | ||||||
| Total Income | 23,593 | 10,793 | ||||||
| Expenditure | ||||||||
| Expenditure on |
charitable | activities | 35,407 | 9,433 | ||||
| Total Expenditure | 35,407 | 9,433 | ||||||
| Net Movement | in | Funds | (11,814) | 1,360 | ||||
| Net gains/(losses) | on investments | 44,922 | (12,933) | |||||
| 33,108 | (11,573) | |||||||
| Total Funds Brought Forward | 539,002 | 550,575 | ||||||
| Total Funds Carried Forward | 572,110 | 539,002 | ||||||
| All I'unde are unrestricted. | ||||||||
| The accompanying | notes form part ofthese accounts. | |||||||
| Balance Sheet | ||||||||
| At 31stDecember 2021 | ||||||||
| Notes | 2021 | 2020 | ||||||
| f | ||||||||
| Fixed Assets | ||||||||
| Investments | 440,409 | 401,278 | ||||||
| Current Assets |
||||||||
| Cash at bank and | in | hand | 131,701 | 137,724 | ||||
| Total Net Assets | 572,110 | 539,002 | ||||||
| The Funds ofthe | Charity: | |||||||
| Unrestricted Income |
Funds | 572,110 | 539,002 | |||||
| These financial statements |
were approved | by the Board ofTrustees on | ( —(o —9M | and were | signed | |||
| on its behalf by. ' |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Net cash used in operating | activities | (30,407) | (8,928) | |||
| Cash flows from investing | activities: | |||||
| Interest and dividends | 18,593 | 10,288 | ||||
| Net sale/(additions) ofinvestments |
6,579 | (6,244) | ||||
| Cash reinvested | (788) | 12,955 | ||||
| Net cash provided by Investing |
activities | 24,384 | 16,999 | |||
| Change in cash and cash equivalents |
||||||
| in the reporting period |
(6,023) | 8,071 | ||||
| Cash and cash equivalents | at the | |||||
| beginning ofthe reporting |
period | 137,724 | 129,653 | |||
| Cash and cash equivalents | at the | |||||
| end ofthe reporting period |
131,701 | 137,724 | ||||
| RECONCILIATION OF |
INCOME TO NET CASH FLOW FROM OPERATING | |||||
| ACTIVITIES | ||||||
| 2021 | 2020 | |||||
| Net income for the reporting | period (as | per page 5 - SOFA) | (11,814) | 1,360 | ||
| Adj ustments for; |
||||||
| Dividends and interest l'rom |
investments | (18,593) | (10,288) | |||
| Net cash provided by/(used |
in) operating | activities | (30,407) | (8,928) |
| 2.Expendit | ure | on Ch | aritabl | e | Activities - current year | Supportand | ||||
| Charitable | Governance | 2021 | ||||||||
| Activities | Costs | Total | ||||||||
| g | g | g | ||||||||
| Grants | 26,509 | 26,509 | ||||||||
| Trustees expenses | and | remuneration | 775 | 775 | ||||||
| Accountancy | 780 | 780 | ||||||||
| Administration | costs | 97 | 97 | |||||||
| Investment | management | fees | 5,770 | 5,770 | ||||||
| Legal fees | 1,476 | 1,476 | ||||||||
| 26,509 | 8,898 | 35,407 | ||||||||
| Expenditure | on Charitable | Activities - prior year | Support and | |||||||
| Charitable | Governance | 2020 | ||||||||
| Activities | Costs | Total | ||||||||
| g | ||||||||||
| Grants | 2,000 | 2,000 | ||||||||
| Trustees expenses | and | remuneration | 305 | 305 | ||||||
| Accountancy | 750 | 750 | ||||||||
| Adminisnation | costs | 135 | 135 | |||||||
| Investment | management | fees | 5,343 | 5,343 | ||||||
| Legal fees | 900 | 900 | ||||||||
| 2,000 | 7,433 | 9,433 |
| NOTES TO THE ACCOUNTS (Fanning part ofthe financial statements) |
||
|---|---|---|
| 3. Investments | 2021 | 2020 |
| Market value at 1st January 2021 | 392,279 | 398,968 |
| Additions | 27,163 | 106,710 |
| Disposals | (33,742) | (100,466) |
| Net realised gains/(losses) | 7,302 | (30,715) |
| Net unrealised gains/(losses) |
37,620 | 17,782 |
| Market value at 31st December 2021 | 430,622 | 392,279 |
| Cash held at brokers | 9,787 | 8,999 |
| Total investments at 31st December 2021 |
440,409 | 401,278 |
| Historical cost at 31stDecember 2021 |
348,575 | 343,985 |
| Reimbursed | 2021 | |||
|---|---|---|---|---|
| Current Trustee |
year | Remuneration f |
Expenses | total |
| E Swan | (Administrator) | 775 | 775 | |
| Reimbursed | 2020 | |||
| Prior year Trustee |
Remuneration | Expenses | total f |
|
| E Swan | (Administrator) | 305 | 305 |