| STATEMENT OF FINA Forthe Year Ended |
NCIAL 31Marc |
ACTIVITIE h 2021 |
S | |||
|---|---|---|---|---|---|---|
| NOTE | General Fund |
Designated Fund f |
Restricted Funds f |
2021 Total Fundsf |
2020 Total Fundsf |
|
| Incoming Resources Rents Investment Income, Donation & Interest Total Income |
2 | 285,941 39979 325,920 |
0 | 0 | 285,941 39979 325,920 |
301,808 35 173 336,981 |
| Resources Expended | ||||||
| Casts ofgenerating /ands: Investment management COStS |
46,541 | 41,236 | 87,777 | 100,331 | ||
| Cbariteble Activities: Grants |
4 | 151,832 | 56,006 | 207,838 | 217,831 | |
| 2,340 ' | 1,960 | |||||
| Governance | 21340 | |||||
| Management 8 Administration Total Resources Expended Sub Total |
16599 217312 108,608 |
41236 0 (41,236) |
56006 0 (56,006) |
314554 16599 11,366 |
350124 30002 (13,143) |
|
| Other Recognised Gains and (Losses) Property Investments Net Incoming/ |
0 43,585 152,193 |
(41,236) | 0 338,355 282,349 |
0 381,940 393,306 |
0 (218,740) (231,883) |
|
| (Outgoing) Resources Before Transfers |
||||||
| Transfers between Funds |
8/9 | (150,959) | 50,000 | 100,959 | ||
| NET MOVEMENT IN FUNDS Fund Balances Brought forward at 01.04.20 Fund balances carried forward at 31.03.21 |
1,234 144634 f145+68 |
8,764 46819 f55,583 |
383,308 7804 863 F8,188,171 |
393,306 7996 316 f8,389,622 |
(231,883) 8228 199 f7.996,316 |
| BALANCE SHEET As At31 March 202 |
1 | |||||
|---|---|---|---|---|---|---|
| NOTE | General Fund |
Designated Fund |
Restricted Funds |
2021 Total Fundsf |
2020 Total Fundsf |
|
| FIXEDASSETS | ||||||
| Tangible assets —Freehold property Cazenove Investments |
6 7 |
0 0 0 |
6,201,067 1,772,738 7,973,805 |
6,201,067 1,772,738 7,973,805 |
6,201,067 1,459,586 7,660,653 |
|
| CURRENT ASSETS Debtors Cazenove Investment Cash at Sank |
10 7 |
0 396,682 (210,781) 185,901 |
0 0 55,583 55~3 |
0 0 214,366 214,366 |
0 396,682 59,168 455450 |
0 337,764 63,067 400431 |
| CURRENT LIABILITIES | ||||||
| Creditors (Amounts falling due within one year) |
11 | 40 033 | 0 | 40033 | 65 168 | |
| Net Current Assets / (idabilities) NET ASSETS |
14S,868 f145+68 |
55i583 f55583 |
214I366 f8188 171 |
415I817 f&i389622 |
335,663 f7i996 316 |
|
| REPRESENTED BY: General Fund Designated Fund Restricted Funds |
12 | 145,868 0 0 f145+68 |
0 55,583 0 f55583 |
0 0 8,188,171 f8188 171 |
145,868 55,583 8,188,171 f8389I622 |
144,634 46,819 7,804,S63 f7996316 |
| INVESTMENTS | ||||
|---|---|---|---|---|
| General | Restricted | 2021 | 2020 | |
| Fund | Funds | |||
| E | E | |||
| Market Value at 01.04.2020 Investments listed on a recognised |
336,509 | 1,429,969 | 1,766,478 | 1,965,115 |
| stock exchange Cash held as part ofthe Investment |
1,255 | 29,617 | 30,872 | 53,982 |
| portfolio Acquisitions in the Year Disposals in the Year Cash movements in the Year Net gain/(loss) Transfer between Funds |
337,764 172001 509,765 209775 299,673 43585 34}3,258 53424 299,990 ~317 |
1,459,586 435935 1,895,521 475 294 1,487,807 338355 1,826,162 ~53424 1,420,227 67 58D |
1,797,350 607936 2,405,286 685069 1,787,480 381940 2,169,420 0 1,720,217 67 263 |
2,019,097 636065 2,655,162 615962 2,039,200 ~23 110 2,016,090 ~218 740 1,797,350 0 |
| Market Value at 31.03.2021 Investments listed on a recognised |
395,78}4 | 1,675,541 | 2,071,285 | 1,766,478 |
| stock exchange Cash held as part ofthe Investment portfolio |
938 396682 |
97,197 1772 738 |
98,135 E2169 420 |
30,872 E1979 350 |
| Historical Cost ofInvestments | E3468247 | E174477448 | 187963695 | E1,760,888 |
| asat31.03.2021 | ||||
| Note: 15.70% ofthe assets ofthe charity are invested 9.50% ofthe assets ofthe charity are invested |
in Charity Equity Income. in Majedie UK Equity Fund. |
|||
| PROPERTY MAINTENANCE RESERVE |
||||
| 2021 | 2020 | |||
| E | E | |||
| Balance as at 1April 2020 | 46,819 5D 000 |
46,552 50 QDD |
||
| Add Transfer in the Year Less Expenditure in the Year |
96,819 41236 ~E55 583 |
96,552 49733 ~E46 819 |
||
| Balance as at 31March 2021 |
| PROPORTION of NET INCOME forthose | in | NEED | 2021f | 2020 f | |||
|---|---|---|---|---|---|---|---|
| One third of the net income, calculated as follows, transf'errable restricted fund for the relief of persons in "need, hardship |
iothe or |
||||||
| distress" Total Incoming Resources Other realised (losses)!gains on Investment Less: Management and Administration Less: Property Maintenance Reserve |
Assets | 325,920 43585 369,505 16,599 50000 E3D2900 |
336,981 ~62 289 274,962 30,002 50000 E194600 |
||||
| ~6300059 | ~E84897 | ||||||
| One third therefore | |||||||
| DEBTORS | 2021 | 2020f | |||||
| Pre-payments and accrued Income |
0 | 0 fo |
|||||
| CREDITORS (Amounts falling due within | one year) | 2021 f |
2020 f |
||||
| 40 033 | 65 168 | ||||||
| Other Creditors | 640033 | E65,160 | |||||
| RESTRICTED FUNDS | |||||||
| Endowment Fundf |
In Need Fundf |
Total Fundsf |
|||||
| Balance brought forward at 1 April 2020 Grants given in the year to 228 clients Other remgnised gains/(losses) Allocations for the year to 31March 2021 Balance carried forward at31March 2021 |
f7 | 7,659,891 0 338,355 0 99& 246 |
144,972 (56,006) 0 100959 f189925 |
7,804,863 (56,006) 338,355 100959 f818& 171 |