2021-03-31-accounts - Three Monkies Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

						Page		General	Expendable	Total	Total
								Fund	Endowment	2021	2020
									Fund
								6	E	6	8
Income and endowments			from:
Donations (note 2) Investments (note 3)						10 10					2,402,018 115
Total income											2,402,133
Expenditure on:
Charitable activities (note 4)						10		284,820		284,820	147,419
Total expenditure								284,820		284,820	147,419
Net (expenditure)/income				before
net gains on investment		assets						(284,820)		(284,820)	2,254,714
Net gains/(losses)	on	investments
(note 5)									2,139,023	2,139,023	(261,194)
Net transfer between	funds							200,000	(200,000)
Net movement in funds								(84,820)	1,939,023	1,854,203	1,993,520
Reconciliation of funds:
Total funds brought 2020	forward		at	1 April				544,436	8,851,440	9,395,876	7,402,356
Total funds carried	forward			at	31
March 2021						7	6	459,616	610,790,463	f11,250,079	69,395,876

CHARITABLE ACTI	VITIES	VITIES	VITIES	VITIES	VITIES
The following grants	were awarded to charitable					institutions	during the year ended 31 March			2021:
Grants awarded to charities registered			throughout			England	&Wales	279,950		137,616
Grants awarded to charities registered			in	Scotland						5,500
Total grants payable								279,950	F	143,116
The awards granted	above are	attributable		to	the	following	areas offocus to the charity:
Music and Arts								251,000		117,026
Children and young people								21,750		20,590
Other								7,200		3,500
Affordable accommodation										2,000
								279,950		143,116
Less: Net finance	expense	arising		on	unwinding
discounts on long term grant commitments								(146)		189
								279,804	F	143,305
Governance costs
Accountancy fee								4,800		3,400
Sundry expenses								126		537
Bank charges								90		177
								5,016		4,114
Total charitable activities								284,820	R	147,419

					Page	Total		Total
						2021		2020
5.	FIXEDASSET INVESTMENTS					6		E
	Quoted investments
	Market value 1 April 2020					9,191,409		6,369,080
	Additions at book cost					10,701,514	27,994,640
	Sale proceeds					(11,484,190)	(24,911,117)
	Net realised gain for the	year				611		19,396
	Net unrealised gain / (loss) for the			year		2,138,412		(280,590)
						10,547,756		9,191,409
	Cash held as part ofthe	investment		porffolio		660,007		137,332
	Market value 31 March	2021			7	f11,207,763	E	9,328,741
	Historical cost 31 March		2021			87,947,277	F	8,728,512
	Net gain / (loss) on investment assets
	Net realised gain					611		19,396
	Net unrealised gain / (loss)					2,138,412		(280,590)
					6	62,139,023	F	(261,194)
6.	CASH AT BANK
	C Hoare &Co.account				7	6 69,570	6	84235
7.	CREDITORS —amounts		falling due within one year
	Donation commitments	(note 9)				14,000		13,500
	Accountancy fee					8,400		3,600
					7	6 22,400	6	17,100