## **THE ALISTER HARDY TRUST**
## **Accounts**
**for the year ended 31 July 2020**
## **Charitable Trust No. 1164168**
**ERYL JONES ACCOUNTANT**
**THE ALISTAIR HARDY TRUST TRUSTEES REPORT FOR THE YEAR ENDED**
## **31 July 2020**
The Trustees have pleasure in presenting their Report and Accounts for the year ended 31 July 2020
## **ACTIVITIES**
The Trust funds the research and study of religious and spiritual experience, and encourages the dissemination of information through lectures, newsletters and books.
## **FINANCIAL REVIEW**
During the year, a total deficit of £16,288 arose. The notes to the accounts include additional information on financial performance.
The Trust is able to meet all its financial obligations.
## **TRUSTEES**
The following served as Trustees during the year:
Andrew Burns (Hon. Secretary) The Revd. Professor June Boyce-Tillman (resigned) Dr. Tom Farley Dr Mark Fox The Revd. Canon Professor Leslie Francis (Chairman) John Franklin Tanya Garland Dr David Greenwood (Hon. Treasurer) Professor John Harper Dr David Rousseau Mike Rush The Revd Professor Andrew Village (Vice Chairman)
## **DIRECTORS**
The following served as Directors during the year:
Alison Harding Marianne Rankin Dr Bettina Schmidt, RERC Lampeter
On behalf of the Trustees
D. Greenwood (Hon. Treasurer)
**THE ALISTER HARDY TRUST**
## **Accountants' Report on the Unaudited Accounts**
In accordance with your instructions we have compiled these unaudited accounts from the accounting records and information and explanations supplied to us.
Eryl Jones
Chartered Certified Accountant 12 Station Terrace Llanybydder Carmarthenshire SA40 9XX
## **THE ALISTER HARDY TRUST**
|**Fixed Assets**
Tangible Assets
**Current Assets**
Stock
Debtors ( note 7 )
Bank Account - General Fund
UWL - AH Research Account
WC Investment Account ( note 6 )
**Current Liabilities**
Creditors ( note 1 )
**Net Current Assets**
**Total Assets Less Current**
**Liabilities**
**Capital Account**
Brought forward at 1 August 2019
General Funds Surplus/(Deficit)
Portfolio Appreciation ( note 6 )|**Balance Sheet**
**as at 31 July 2020**
**2020**
**£**
**£**
50,535
599
511
13,015
443
303,195
317,763
3,698
314,065
364,600
401,455
)
(16,288
)
(20,567
364,600|**Balance Sheet**
**as at 31 July 2020**
**2020**
**£**
**£**
50,535
599
511
13,015
443
303,195
317,763
3,698
314,065
364,600
401,455
)
(16,288
)
(20,567
364,600|**2019**
**£**
637
440
28,114
443
323,762
353,396
2,488|**£**
50,547
350,908
401,455
434,381
)
(32,753
)
(173
401,455|
|---|---|---|---|---|
|||
**2020**
**£**
599
511
13,015
443
303,195
317,763
3,698|||
## **Approved by :**
_______________________________
## **Honorary Treasurer**
## **THE ALISTER HARDY TRUST**
## **Income and Expenditure Account for the year ended 31 July 2020**
|**Income**
Subscriptions
Gift Aid
Sale of Publications
Members Day
Donations ( note 3 )
Royalties
Investment Income ( note 6 )
**Cost of sales**
Opening Stock
Closing Stock
**Gross surplus**
**Administrative expenses**
Staff & Volunteers Expenses
Trustees Meeting Costs
Postage
Printing and Stationery
Members Day
50th Anniversary Conference
Donations ( note 4 )
Accountancy Charges
Professional Fees ( note 5 )
Bank Charges
Depreciation - Plant & Equipment
**Net surplus/(deficit)**|**2020**
**£**
637
)
(599
1,051
1,729
140
1,414
1,277
-
23,977
720
2,793
52
12|**£**
4,055
512
96
1,360
826
22
10,044
16,915
38
16,877
)
(33,165
)
(16,288|**2019**
**£**
647
)
(637
1,318
1,723
153
721
963
3,624
35,499
720
3,619
42
15|**£**
3,867
440
20
725
477
-
10,125
15,654
10
15,644
)
(48,397
)
(32,753|
|---|---|---|---|---|
## **THE ALISTER HARDY TRUST**
## **Schedule of Movements of Fixed Assets for the year ended 31 July 2020**
||**Art Works**|**Library**|**Computer**|**Total**|
|---|---|---|---|---|
|||**Books**|**equipment**||
||**£**|**£**|**£**|**£**|
|**Cost**|||||
|At 1 August 2019|||||
|At 31 July 2020|4,000|46,500|602|51,102|
|**Depreciation**|||||
|At 1 August 2019|-|-|555|555|
|Charge for the year|-|-|12|12|
|At 31 July 2020|-|-|567|567|
|**Net Book Values**|||||
|At 31 July 2020|4,000|46,500|35|50,535|
|At 31 July 2019|4,000|46,500|47|50,547|
## **THE ALISTER HARDY TRUST**
## **NOTES TO ACCOUNTS**
1. The trade creditors balance is as follows:
- a) £2,270 for the balance owing on the donation for the RERC staff.
- b) £720 accountancy fee.
- c) £408 membership secretary fee.
- d) £300 honorarium
2. The provision of accommodation and some associated overheads by the UWTSD has not been charged and represents a significant saving on the cost that otherwise would have been incurred by the organisation.
3. No donations in excess of £1,000 were received during the year.
4. A donation of £15,470 was made to the UWTSD, in support of the RERC library staff.
The following honoraria were paid during the year:
a) £300 to Ms Patricia Murphy.
b) £600 to Mrs Jean Matthews.
c) £300 to Rhonda Riachi
The balance of £7,907 relates to the sponsership of PHD at Warwick University being the fees, plus £4,000 maintenance, plus expenses.
## **THE ALISTER HARDY TRUST**
## **NOTES TO ACCOUNTS**
5. The following professional fees were paid:
i) £1,311 to Rankin Associates
ii) £1,482 to Margaret West.
The payment to Rankin Associates coveres administration, contact with membership (in conjunction with membership secretary), events and other queries about the AHT, dealing with any printing (e.g. AGM papers), working within the AHT - arranging events and liasing between the people involved, drawing up and getting publicity material printed and disseminated, postage costs, publicising the AHT and its events by email and through attendance at conferences, speaking about the work of the AHT for like-minded organisations.
6. During the year, investment income of £10,044 was received from Walker Crips.
The portfolio was valued at £303,195 at the year end which represented a decrease of £20,567 for the year.
7. The debtors figure relates to gift aid.