| CONTENTS | |
|---|---|
| Page | |
| TRUSTEES' ANNUAL REPORT | |
| INDEPENDENT EXAMINER'S REPORT |
|
| STATEMENT OF FINANCIAL ACTIVITIES | |
| BALANCE SHEET | |
| NOTES ON ACCOUNTS | 7-9 |
| Principal aims and objectives | Principal aims and objectives | Principal aims and objectives | Principal aims and objectives | |||||
|---|---|---|---|---|---|---|---|---|
| The objscfives | ofthe Charity as set out in | the Trust Deed are the advancement | ofpublic benefit by such charitable | |||||
| purposes as the Trustees may decide, in | particular: | |||||||
| -provision | ofgrants | to charifies prindpslly | operating in and around |
Bethesda and Bangor, North Wales | ||||
| -provision | ofgrarris | to educational | charities in Jamaica |
|||||
| Tlllstsss | ||||||||
| The following | people have acted ssTrustees of | the charity during the yean | ||||||
| Richanl Douglas Pennant | ||||||||
| Andrew Penny |
||||||||
| Suzanne Williamson | ||||||||
| Michael Armstrong | (appointed | 19November 2020j | ||||||
| Professional | Advisors | |||||||
| Bankers: | C Hours &Co | |||||||
| 37Rest Street | ||||||||
| London | ||||||||
| EC4P4DQ | ||||||||
| Solicitors: | Forstsrs LLP | |||||||
| 31 Hill Street | ||||||||
| London | ||||||||
| WIJ 5LS | ||||||||
| Accountant snd independent | examiner. | Hazlewoods LLP |
||||||
| Staverton Court | ||||||||
| Stsverton | ||||||||
| Cheltenham | ||||||||
| GL51 OUX | ||||||||
| Slockbroke rsi | Quilter Cheviot | |||||||
| One Igngsway | ||||||||
| London | ||||||||
| WC2B 6AN |
| 2021 | 2020 | ||
|---|---|---|---|
| Note | 8 | ||
| Fixed assets | |||
| Investments | 1,247819 | M8 1 |
|
| Current assets | |||
| Cash atbank | 36,009 | 47,649 | |
| Cash held by stockbroker Gift aid debtor |
57,676 | 153,263 93,250 |
|
| 93,685 | 294,182 | ||
| Cunsnt liabiliTies | |||
| Trade creditors | 6,000 | ||
| Accruals | 5,328 | 2,040 | |
| (5,328) | (8,040) | ||
| Net cunent assets | 88,357 | 286,122 | |
| Net assets | 1,336,176 | 1,166,337 | |
| Represented by: Unrestricted funds |
1,336,176 | 1,166,337 |
| (continued) | ||
|---|---|---|
| Charitable activities expenditure |
2021f | 2020 6 |
| Grants | 52,500 | 6,000 |
| Accountancy Legal snd professional fees Investment management fees Independent Examiner's remuneration Bank charges |
2,840 13,152 6,829 540 321 75,982 |
1,590 7,440 540 30 15,600 |
| Net incoming resources forthe year | ||
| This is stated sflar charging: | 2021 8 |
2020 6 |
| Accountant's remuneration |
2,640 | 1,590 |
| Independent Examineris remuneration |
540 3,180 |
540 2,130 |
| The Charily isa registered charity and as such is not gen garne. |
erally liable to taxa5on on its inco |
me or capital |
|---|---|---|
| Fixed asset invesbnsnts | 2021 6 |
2020 6 |
| Market value at6April 2020 Additions during ths period Disposals during the period Equalisation Nst unreslissd investment (gain)/loss Market value at 5April 2021 |
880,215 265,689 (114,264) (13) 216,192 1,247,819 |
1,018,688 159,713 (154,999) (632) ~142.555 880,215 |
| Investment summary Quoted shares Unlisled shams |
1,237,819 10,000 1,247,819 |
870,215 10,000 880,215 |