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2020-12-31-accounts

Report of the Trustees 1 to 3
Independent
Examiner's		 Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements 7 to 14
Detailed Statement
of		 Financial Activities 15

for the Year Ended 3 1 December 2020
31.12.20 31.12.19
Unrestricted Restricted Endowment Total Total
fund fund fund funds funds
Notes E E f. E E
INCOME AND ENDOWMENTS
FROM
Other trading activities 4,480 4,480 3,124
Investment
income		 19,865 19,873 27,249
Total 24,345 24,353 30,373
EXPENDITURE ON
Raising funds 4,013 5,241 9,254 22,790
Charitable
activities
Education 5,877 21,322 27,199 35,623
Total 9,890 26,563 36,453 58,413
Net gains on investments 736 12,116 12,852 102,006
NET INCOME/(EXPENDITURE) 14,455 736 (14,439) 752 73,966
Transfers between funds 14 2,400 (400) (2,000)
Net movement
in funds		 16,855 336 (16,439) 752 73,966
RECONCILIATION
OF FUNDS
Total funds brought forward 97,893 7,926 1,483,820 1,589,639 1,515,673
TOTAL FUNDS CARRIED
FORWARD 114,748 8,262 1,467,381 1,590,391 1,589,639
Balance Sheet
31 December 2020
31.12.20 31.12.19
Notes
FIXED ASSETS
Tangible assets 754,627 710,749
Investments 776,594 787,835
1,531,221 1,498,584
CURRENT ASSETS
Debtors 10 3,800 3,315
Investments 11 34,099 74,253
Cash at bank 25,471 16,806
63,370 94,374
CREDITORS
Amounts
falling due within one year		 12 (4,200) (3,319)
NET CURRENT ASSETS 59,170 91,055
TOTAL ASSETS LESSCURRENT LIABILITIES 1,590,391 1,589,639
NET ASSETS 1,590,391 1,589,639
FUNDS 14
Unrestricted
funds		 114,748 97,893
Restricted
funds		 8,262 7,926
Endowment
funds		 1,467,381 1,483,820
TOTAL FUNDS 1,590,391 1,589,639

31.12.20 31.12.19
E E
Wayleave 86 136
Rental income 4,394 2,988
4,480 3,124
3. INVESTMENT INCOME
31.12.20 31.12.19
E E
Dividend income 19,786 27,117
Deposit account interest 87 132
19,873 27,249

GRANTS PAYAB LE
31.12.20 31.12.19
E E
Education 3,500 13,700
The total grants paid to institutions during the year was as follows: 31.12.20 31.12.19
Staunton-on-Wye school 3,000
INDEPENDENT EXAMINERS' FEES
31.12.20 31.12.19
f.
Fees payable to the charity's auditors for the audit of the charity's financial
statements 2 37? 2,280

There
were
no
tru
31 December 2019.		 stees'
expenses
paid
for the
year
ended
3		 stees'
expenses
paid
for the
year
ended
3		 1 December
 2020 nor
for the		 year
ende
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Endowment Total
fund fund fund funds
E E E E
INCOME AND ENDOWMENTS FROM
Other trading activities 3,124 3,124
Investment
income		 27,115 134 27,249
Total 30,239 134 30,373
EXPENDITURE ON
Raising funds 18,254 4,536 22,790
Charitable
activities
Education 16,098 19,525 35,623
Total 34,352 24,061 58,413
Net gains on investments 1,339 100,667 102,006
NET INCOME/(EXPENDITURE) (4,113) 1,339 76,740 73,966
RECONCILIATION
OF		 FUNDS
Total funds brought forward 102,006 6,587 1,407,080 1,515,673
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Endowment Total
fund fund fund funds
E E E E
TOTAL FUNDS CARRIED FORWARD 97,893 7,926 1,483,820 1,589,639
TANGIBLE FIXEDASSETS
Staunton-on-Wye
Freehold Primary
property School Totals
E E E
COST
At 1 January 2020 84,000 746,125 830,125
Additions 60,000 60,000
At 31 December 2020 84,000 806,125 890,125
DEPRECIATION
At 1 January 2020 119,376 119,376
Charge for year 16,122 16,122
At 31 December 2020 135,498 135,498
NET BOOK VALUE
At 31 December 2020 84,000 670,627 754,627
At 31 December 2019 84,000 626,749 710,749

FIXED ASSET INVESTMENTS
Listed
investments
E
MARKET VALUE
At 1 January 2020 787,835
Additions 161,509
Disposals (206,659)
Revaluations 33,909
At 31 December 2020 776,594
NET BOOK VALUE
At 31 December 2020 776,594
At 31 December 2019 787,835
10. DEBTORS: AMOUNTS DEBTORS: AMOUNTS DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR FALLING DUE WITHIN ONE YEAR FALLING DUE WITHIN ONE YEAR FALLING DUE WITHIN ONE YEAR
31.12.20 31.12.19
E E
P repayments 3,800 3,315
11. CURRENT ASSET INVESTMENTS
31.12.20 31.12.19
E E
Brewin Dolphin capital account 25,221 66,113
COIF Charities deposit fund 616 614
Listed investments 8,262 7,526
34,099 74,253
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.20 31.12.19
E E
Other creditors 720 720
Accruals and deferred income 3,480 2,599
4,2QQ 3,319
13. ANALYSIS OF NET ASSETS BETWEEN FUNDS
31.12.20 31.12.19
Unrestricted Restricted Endowment Total Total
fund fund fund funds funds
E E E E
Fixed assets 754,627 754,627 710,749
Investments 35,00Q 741,594 776,594 787,835
Current assets 82,893 8,262 (27,785) 63,370 94,374
Current
liabilities		 (3,145) (1,055) (4,200) (3,319)
114,748 8,262 1,467,381 1,590,391 1,589,639
14. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.1.20 in funds funcls 31.12.20
E f. E E
Unrestricted funds
General fund 97,893 14,455 2,400 114,748
Restricted funds
Restricted
fund		 7,926 736 (400) 8,262
Endowment funds
Endowment fund 1,483,820 (14,439) (2,000) 1,467,381
TOTAL FUNDS 1,589,639 752 1,590,391

Net movement
in funds, included		 Net movement
in funds, included		 Net movement
in funds, included		 Net movement
in funds, included		 in the above in the above are as are as foHows:
Incoming Resources Gains and Movement
resources expended losses in funds
E E E E
Unrestricted funds
General fund 24,345 (9,890) 14,455
Restricted funds
Restricted fund 736 736
Endowment funds
Endowment fund (26,563) 12,116 (14,439)
TOTAL FUNDS 24,353 (36,453) 12,852 752
Comparatives
for movement		 in funds
Net
movement At
At 1.1.19 in funds 31.12.19
E E E
Unrestricted funds
General fund 102,006 (4,113) 97,893
Restricted funds
Restricted fund 6,587 1,339 7,926
Endowment funds
Endowment fund 1,407,080 76,740 1,483,820
TOTAL FUNDS 1,515,673 73,966 1,589,639
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
E f. f. E
Unrestricted funds
General fund 30,239 (34,352) (4,113)
Restricted funds
Restricted fund 1,339 1,339
Endowment funds
Endowment fund 134 (24,061) 100,667 76,740
TOTAL FUNDS 30,373 (58,413) 102,006 73,966

Net Transfers
movement between At
At 1.1.19 in funds funds 31.12.20
E E E E
Unrestricted funds
General fund 102,006 10,342 2,400 114,748
Restricted funds
Restricted fund 6,587 2,075 (400) 8,262
Endowment funds
Endowment fund 1,40?,080 62,301 (2,000) 1,467,381
TOTAL FUNDS 1,515,673 74,718 1,590,391
Incoming Incoming Resources Gains and Movement
resources expended losses in funds
E E E E
Unrestricted funds
General fund 54, 584 (44,242) 10,342
Restricted funds
Restricted fund 2,075 2,075
Endowment funds
Endowment fund 142 (50,624) 112,783 62,301
TOTAL FUNDS 54,726 (94,866) 114,858 74,718