Registered Charity No. 1167221
CAMERON GRANT MEMORIAL TRUST REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2021
CAMERON GRANT MEMORIAL TRUST
INDEX
FOR THE YEAR ENDED 31 AUGUST 2021
| Pages | |
|---|---|
| Legal and Administrative Details | 1 |
| Trustees’ Annual Report | 2 – 6 |
| Independent Examiners Report | 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Notes to the Accounts | 10 - 15 |
Page 1
CAMERON GRANT MEMORIAL TRUST
CHARITABLE INCORPORATED ORGANISATION INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2021
TRUSTEES: Evan Grant (Chairman) Carol Grant Alastair Grant John Scott Alan Flack Frances George CHARITY REGISTERED NUMBER: 1167221 LEGAL STATUS: Charitable Incorporated Organisation (“CIO”) PRINCIPAL ADDRESS: 23 Belle Vue Terrace Hampton-in-Arden Solihull B92 0AR WEBSITE ADDRESS: www.camgrant.org.uk BANKERS: HSBC Bank plc 34 Poplar Road Solihull West Midlands B91 3AF
Page 2
CAMERON GRANT MEMORIAL TRUST
TRUSTEES’ ANNUAL REPORT
FOR THE YEAR ENDED 31 AUGUST 2021
The Trustees present their Annual Report together with the Financial Statements for the period ended 31 August 2021.
Structure, governance and management
The Charitable Incorporated Organisation (“CIO”) is registered in accordance with the Charities Act 2011 and was entered on the Central Register of Charities on 19 May 2016. It is governed by a Constitution dated 18 May 2016.
Trustees
The following Trustees held office during the period to the date of this report:
Evan Grant (Chairman) Alastair Grant Carol Grant John Scott Alan Flack Frances George
Objectives and activities
The objectives of the Charitable Incorporated Organisation are the preservation and protection of good mental health in particular in young people (without prejudice to the generality) through:
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Raising awareness of young suicide;
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Urging all who are suffering in silence to speak up and ask for help;
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Supporting all who are fighting to overcome poor mental health, especially young people, and especially where this can be done through outdoor activities like hill-walking and the Duke of Edinburgh’s award; and
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Assisting in the provision of education and support that will help to increase awareness and knowledge of the issues around mental health and well-being for all and especially amongst young people.
When planning expenditure, the Trustees have considered the Charity Commission’s guidance on public benefit.
Achievements and performance
Awareness of mental health problems in the UK has continued to rise and the stigma has reduced. While the challenge may now be recognised more widely, huge problems remain; in 2020, 6221 suicides were registered in the UK, a decrease of 463 compared to the previous year, (Samaritans: Latest suicide data). Any decrease in suicides is always very welcome. For 2020 the Office for National Statistics reports that the decrease is likely to be driven by two factors; a decrease in male suicides at the start of the coronavirus (COVID 19) pandemic, and delays in death registrations because of the pandemic (Suicides in England and Wales: 2020 registrations). Nevertheless, this still means that on average 17 people per day – one person every 84 minutes - take their own lives in the UK.
Cameron fought a silent battle with depression for over 7 years before he died; we only know this through the letter he left us, as he hid his depression successfully from everybody who knew him. We set up the Cameron Grant Memorial Trust in Cameron’s memory especially to help others in these circumstances.
Page 3
CAMERON GRANT MEMORIAL TRUST
TRUSTEES’ ANNUAL REPORT
FOR THE YEAR ENDED 31 AUGUST 2021
(Continued…)
Our aim is that the Cameron Grant Memorial Trust will make a difference to the number of people, and especially young people, suffering from poor mental health and improve outcomes for sufferers. The Trust works to raise awareness of young suicide; to urge all who are suffering in silence to speak up and ask for help, to support those are fighting to overcome poor mental health, especially where this can be done through outdoor activity
In support of our goal to encourage all to speak up and ask for help rather than to soldier on battling mental distress on their own, we created Cameron’s Coasters; these are simple drink mats which carry the message “There is always someone you can talk to” on one side, and contact details for people who can help on the other. We have worked with universities, colleges & schools and workplaces, especially in the emergency services, to customise Cameron’s Coasters so that they carry the help details most important for each place where they are used. We also produce Cameron’s Cards, a ‘business card’ version of the coasters, with similar help information, but in a form that is more enduring and can easily be kept in a wallet. Further information can be found on our website: camgrant.org.uk/coasters and camgrant.org.uk/cards
The beautiful Wellbeing Postcards drawn by Cameron’s cousin Kirsty Ferguson and introduced last year are increasingly popular, especially in schools. As ever, we print helpline information on the reverse side of the postcards and you can see them all on our website: camgrant.org.uk/postcards. In the year to 31 August 2021, we sent out 140,750 Coasters and this included our 1 millionth Coaster on 4 April 2021! We also sent out 48,000 Cards and 18,500 Postcards. All of these were sent free of charge.
A theme which connects many of our projects is that we provide physical “signposts” which carry help information for those in mental distress in the community where the “signpost” is used. We learnt that those who sleep rough are one of the groups most likely to suffer from poor mental health, yet we knew that Cameron’s Coasters, Cards and Postcards would not be useful. We also learnt that dehydration is a problem for those living on the streets, so we worked with Coventry City Council to develop a reusable aluminium water bottle with appropriate help details for rough sleepers in Coventry. We distributed 200 water bottles through the council in the summer of 2021 and feedback was strong. We are now repeating this project with Telford & Wrekin Council and hope to do this with many other councils too. Reusable water bottles are, naturally, more expensive than Coasters and Cards so we will seek grant funding for each new water bottle project. For more information see our website - camgrant.org.uk/water-bottles - and this press release from Coventry City Council: Life-saving message on a bottle Shout has grown in the UK, and as a free, 24/7 text service, Shout complements what is offered by others such as Samaritans (free and 24/7 but not widely available by text) and PAPYRUS HOPELINEUK (free and with a text contact option, but not 24/7). Cameron Grant Memorial Trust is delighted to be a Keyword Partner of Shout enabling us to offer the CAM Support Messenger service: “Text CAM to 85258 for confidential, free support at any time of day or night”. We use this on as many of our Coasters, Cards and Postcards as possible.
We started Cameron’s Coasters to encourage people to ask for help rather than to suffer in silence as Cameron did. If you know of a community that might benefit from Cameron’s Coasters, Cards, Postcards or Water Bottles, then please get in touch on info@camgrant.org.uk.
In September 2020, John Scott (Trustee), his daughter Laura and I cycled Coast to Coast with 27 others to raise money for the Trust. We organised this ride together with Paul Ebrey and Gareth Thomas of The Hampton Health & Fitness Club and Imp Adventures. We rode the Way of the Roses from Morecambe to Bridlington, and it was an amazing experience, not least for me as I only started cycling again after a 35 year gap on 5 June 2020. It was late 2019 when we chose the dates for our Coast to Coast challenge in September 2020 and we were extremely fortunate that the dates happened to fall in a gap between lockdowns though we were required to ride as 5 “sociallyisolated bubbles of 6”. This adventure raised over £30,000 for Cameron Grant Memorial Trust and we are very grateful to all who took part and to all who made it possible.
Page 4
CAMERON GRANT MEMORIAL TRUST
TRUSTEES’ ANNUAL REPORT
FOR THE YEAR ENDED 31 AUGUST 2021
(Continued…)
As 2020 progressed it quickly increasingly clear that the pandemic was creating a huge extra burden for mental health services that were already badly stretched. So, we sought to use our limited funds to encourage innovation that might help address this load. On 11 January 2021 we launched Cameron Grants for Innovation in Mental Health, to offer ‘seed-funding’ of between £100 & £2,500 to individuals or organisations who needed money to trial new ways to support those in need.
We were immediately deluged with applications and by the time we closed the scheme to new applications on 9 April, we had received 375 applications! Special thanks to Trustees Alan Flack, Alastair Grant and Carol Grant who reviewed them all, and to volunteer Harriet Matthews whose support of the process was invaluable. After careful consideration we awarded 29 grants worth a total of £51,352 to novel projects that inspired us the most.
We were delighted with the imagination, thought and care that went into the applications and there were several good ideas that we’re convinced will go on to make a difference:
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Lion’s Barber Collective: training barbers to spot tell-tale signs of an impending mental health crisis
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Give your Worries the Boot: art, craft and song-based ways to help kids recognise and manage worry better.
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EmoTee: t-shirts whose design can be changed to reflect the wearers current mood using velcro emojis.
Our efforts now are on working with the projects we have supported. As they conclude we will review the programme and consider opening Cameron Grants for a new round of applications.
We organise an annual Night Walk on a Friday close to 10 October, Cameron’s birthday; we do this to remember Cameron, to raise some money, and to have some fun! We did not hold the Night Walk in October 2020 because of the pandemic restrictions but were able to hold it successfully again in October 2021. We look forward to the next one on 7 October 2022.
After a pause through the various lockdowns, I am again visiting schools to give talks based on Cameron’s story. I highlight the importance of good mental health and looking out for your friends. In 2021 I took part as a Peer Researcher in a project run jointly by The University of Strathclyde and the Mental Health Foundation. This was a study of the effects of bereavement by suicide for people in later life and led to this recent publication: “It’s a Living Experience”: Bereavement by Suicide in Later Life
I continue to serve on the Solihull Suicide Prevention Group run by Solihull Metropolitan Borough Council, and I represent our Trust on the Birmingham and Solihull Third Sector Mental Health Forum. Cameron Grant Memorial Trust is a member of The Alliance of Suicide Prevention Charities (TASC), the National Suicide Prevention Alliance (NSPA) and the Support After Suicide Partnership (SASP). This helps us keep current with other initiatives and programmes, and the latest research, and gives us another means of communicating what we do. It also allows us to check we are not duplicating work done by others. In June 2022, I was elected to the Steering Group of the National Suicide Prevention Alliance.
Cameron Grant Memorial Trust is also a member of the Zero Suicide Alliance (ZSA). We strongly believe in the power of a Zero Suicide ambition to change culture and hugely reduce the number of deaths by suicide. We urge everyone over 16 to take the free online suicide prevention training from the Zero Suicide Alliance. It takes only 20 minutes, and it might just save a life: www.zerosuicidealliance.com/training
Page 5
CAMERON GRANT MEMORIAL TRUST
TRUSTEES’ ANNUAL REPORT
FOR THE YEAR ENDED 31 AUGUST 2021
(Continued…)
We are very grateful for all donations given to us by many groups and individuals and all the fundraising efforts made by so many throughout the year. In addition to the Coast to Coast Cycle Ride, we would like to highlight: Peak District Challenge (Evan & Alastair Grant) - £2,161; Saving Harry’s Mullet (Harry Jones) - £1,439; Virtual Edinburgh Marathon (Jimmy Christian) - £1,294; Co-op Local Community Fund - £1,150; Hampton-in-Arden Parish Church - £1,000; Everest Base Camp Trek in Edinburgh (Kirsty Ferguson) - £630; Hampton-in-Arden Calendar (Peter Green and Adam Paintain) - £600; Knowle and Dorridge Round Table - £500; and Road to the Olympics Step Challenge (Solihull MBC) - £500.
This year I’d again like to make special mention again of Kirsty Ferguson, Cameron’s Cousin, who, as well as creating the Wellbeing Postcards, and completing a “virtual trek” to Everest Base Camp to raise funds, has continued to work with her mother, Tamara Ferguson, Carol’s sister, to produce beautiful greeting cards for Cameron Grant Memorial Trust.
In addition to Cameron Grants covered above, through the year we made donations to: Shine Youth - £4,000; Northumbria University (Walk My Doggie project) - £1,300; PAPYRUS - £1,000; Coventry Mind - £1,000; Shout 85258 - £1,000; Sport in Mind - £1,000; Kaleidoscope Plus - £1,000; and Moodlifter (neurodiverse exercise classes) - £612.
Poor mental health can affect anyone and there is no shame in seeking help for any illness, physical or mental. We hope that by spreading this message openly and honestly, we can help many others in Cameron's memory. We miss Cameron an unbelievable amount and we so wish that he had asked for help.
Appointment of Trustees
Trustees are appointed by members at the Annual General Meeting. Additional trustees may be co-opted between AGMs. The minimum number of trustees is three and the maximum number of trustees is twelve.
Investment policy
The trustees’ policy is to invest operating funds in easy access and relatively low risk bank accounts to meet expenditure over the next 12 months with the balance held in return yielding assets that will at least offset the effects of inflation.
Reserves policy
The trustees’ reserves policy is to manage the reserves in such a way as to have sufficient funds available for the orderly winding up of the charity without liability should its future income be in such doubt that this is the only credible course of action.
The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
Page 6
CAMERON GRANT MEMORIAL TRUST
TRUSTEES’ ANNUAL REPORT
FOR THE YEAR ENDED 31 AUGUST 2021
(Continued…)
Trustees’ responsibilities in relation to the financial statements
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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Observe the methods and principles in the Charities Statement of Recommended Practice SORP 2015 (FRS102);
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees on 28 June 2022 and signed on their behalf by
Signed on behalf of the Trustees
Evan Grant – Chairman
Page 7
CAMERON GRANT MEMORIAL TRUST
INDEPENDENT EXAMINERS REPORT
FOR THE YEAR ENDED 31 AUGUST 2021
Independent Examiner's Report to the Trustees of Cameron Grant Memorial Trust
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 August 2021 which are set out on pages 8 to15.
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Paul Mannion FCA FCCA for and on behalf of BK Plus Limited Chartered Certified Accountants 2 Highlands Court Cranmore Avenue Solihull B90 4LE
28 June 2022
Page 8
CAMERON GRANT MEMORIAL TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 AUGUST 2021
| Note Unrestricted Funds 2021 £ Income: Donations and legacies 2 11,146 Other trading activities 3 39,462 Total incoming resources 50,608 Expenditure: Expenditure on Charitable activities 4 80,697 Other trading activities 5 1,549 Total expenditure 82,246 Net surplus/(deficit) (31,638) Net gains on investments 7,682 Net movements in funds during the year (23,956) Funds brought forward 149,192 Total funds carried forward 8 - 9 125,236 |
Restricted Funds 2021 £ - - - 1,384 - 1,384 (1,384) - (1,384) 1,560 176 |
Total Funds 2021 £ 11,146 39,462 50,608 82,081 1,549 83,630 (33,022) 7,682 (25,340) 150,752 125,412 |
Total Funds 2020 £ 14,459 24,569 |
|---|---|---|---|
| 39,028 | |||
| 19,773 2,137 |
|||
| 21,910 | |||
| 17,118 - |
|||
| 17,118 133,634 |
|||
| 150,752 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derives from continuing activities.
Page 9
CAMERON GRANT MEMORIAL TRUST
BALANCE SHEET
FOR THE YEAR ENDED 31 AUGUST 2021
| Note Fixed Assets Fixed asset investments 6 Current Assets Prepayments Cash at bank and in hand Liabilities Creditors falling due within one year 7 Net Current Assets Net assets Unrestricted funds 8 Restricted funds 9 Total funds |
21 68,011 68,032 (302) |
2021 £ 57,682 67.730 125,412 125,236 176 125,412 |
16 155,390 155,406 (4,654) |
2020 £ - 150,752 |
|---|---|---|---|---|
| 150,752 | ||||
| 149,192 1,560 |
||||
| 150,752 |
The financial statements were approved and authorised for issue by the Trustees on 28 June 2022.
Signed on behalf of the Trustees;
Evan Grant Chairman
The notes on pages 10 to 15 form part of these financial statements.
Page 10
CAMERON GRANT MEMORIAL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2021
1. Accounting policies
a) Basis of preparation
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland’, the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice.
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’:
- The requirements of Section 7 Statement of Cash Flows
b) Fund Accounting
General funds are unrestricted funds that are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
c) Incoming resources
- All incoming resources are included in the SOFA when the Charitable Incorporated Organisation is legally entitled to the income and the amount can be quantified with reasonable accuracy. Details of incoming resources are shown below.
d) Resources expended
All expenditure is accounted for on a payments basis and has been classified under headings that aggregate all costs relating to the category. Where costs cannot directly be attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.
Page 11
CAMERON GRANT MEMORIAL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2021
e) Support costs allocation
Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs, administrative and management payroll costs. They are incurred directly in support of expenditure on the objects of the charity. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent the charity’s income profile.
f) Grants
Grants are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the asset. Grants towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred. Grants towards capital for on lending are released to restricted capital reserves when the funds are utilised in accordance with the company's principal activity.
g) Investments
Investments are recognised initially at fair value which is normally the transaction price excluding any transaction costs. Subsequently, they are measured at fair value with changes recognised in ‘net gains / (losses) on investments in the Statement of Financial Activities if the shares are publicly traded or their fair value can otherwise be measured reliability. Other investments are measured as cost less impairment.
Mixed motive investment
Mixed motive investments are made by the charity to generate a financial return and also contribute to the charity’s objects. Such investments are valued at fair value which represents the bid price of the investment on the market in which it is listed. Any changes in the fair value of mixed motive investments are recognised in ‘net gains / (losses) on investments in the Statement of Financial Activities
2.
| Donations and legacies Unrestricted Funds 2021 £ Grants 1,151 Donations 5,793 Gift Aid 4,202 11,146 Donations and legacies Unrestricted Funds 2020 £ Grants 751 Donations 6,837 Gift Aid 5,311 12,899 |
Restricted Funds 2021 £ - - - - Restricted Funds 2020 £ 1,560 - - 1,560 |
Total Funds 2021 £ 1,511 5,793 4,202 |
|---|---|---|
| 11,146 | ||
| Total Funds 2020 £ 2,311 6,837 5,311 |
||
| 14,459 |
Page 12
CAMERON GRANT MEMORIAL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2021
| 3. Other trading activities Unrestricted Funds 2021 Fundraising: £ Craft cards 359 Trek to Everest base Camp 630 Coast 2 Coast Cycle 29,354 Peak District 60 miles walk 2,161 Amazon Smile & Facebook 2,050 Virtual Edinburgh Marathon 1,294 Other 3,614 39,462 Other trading activities Unrestricted Funds 2020 Fundraising: £ Craft cards 496 Night Walk 4,569 Trek to Everest base Camp 8,292 Pantomime 280 Kelly’s Run Royal Holloway 1,689 Matt Parker’s Half Marathon 1,735 Amazon Smile & Facebook 2,193 Other 5,315 24,569 |
Restricted Funds 2021 £ - - - - - - - - Restricted Funds 2020 £ - - - - - - - - - |
Total Funds 2021 £ 359 630 29,354 2,161 2,050 1,294 3,614 |
|---|---|---|
| 39,462 | ||
| Total Funds 2020 £ 496 4,569 8,292 280 1,689 1,735 2,193 5,315 |
||
| 24,569 |
Page 13
CAMERON GRANT MEMORIAL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2021
| 4. Expenditure on Charitable activities Unrestricted Funds 2021 £ Merchandise costs 9,391 Design fees 295 Post and stationery 520 Advertising and marketing 3,713 Internet 280 Grants and donations 64,019 Delivery charge 897 Insurance 252 Sundries 1,330 80,697 Expenditure on Charitable activities Unrestricted Funds 2020 £ Merchandise costs 7,061 Design fees 845 Post and stationery 274 Advertising and marketing 4,760 Internet 180 Grants and donations 5,062 Delivery charge 563 Travel expenses 349 Insurance 162 Sundries 517 19,773 |
Restricted Funds 2021 £ 1,384 - - - - - - - - 1,384 Restricted Funds 2020 £ - - - - - - - - - - **- ** |
Total Funds 2021 £ 10,775 295 520 3,713 280 64,019 897 252 1,330 |
|---|---|---|
| 82,081 | ||
| Total Funds 2020 £ 7,061 845 274 4,760 180 5,062 563 349 162 517 |
||
| 19,773 |
Page 14
CAMERON GRANT MEMORIAL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2021
| 5. Other Unrestricted Restricted Funds Funds 2021 2021 £ £ Fundraising costs 1,549 - 1,549 - Other Unrestricted Restricted Funds Funds 2020 2020 £ £ Fundraising costs 2,137 - 2,137 - 6. Fixed asset investments Mixed Motive Investment £ Cost or valuation At 1 September 2020 - Additions 50,000 Revaluation 7,682 At 31 August 2021 57,682 Impairment At 1 September 2020 - At 31 August 2021 - Carrying amount At 1 September 2020 - At 31 August 2021 57,682 |
Total Funds 2021 £ 1,549 |
|---|---|
| 1,549 | |
| Total Funds 2020 £ 2,137 |
|
| 2,137 | |
| Total 2021 £ - 50,000 7,682 57,682 - - - 57,682 |
The trustees are of the opinion that fixed asset investments totalling £57,682 are disclosed at fair value.
Page 15
CAMERON GRANT MEMORIAL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2021
| 7. Creditors Trade creditors Accruals and deferred income 8. Unrestricted funds Balance brought forward at 1 September 2020 Incoming resources Resources expended Net gains on investments Balance carried forward at 31 August 2021 9. Restricted Funds Balance brought forward at 1 September 2020 Incoming resources Resources expended Balance carried forward at 31 August 2021 |
2021 £ 302 - 302 2021 £ 149,192 50,608 (82,246) 7,682 125,236 Restricted Funds 2021 £ 1,560 - (1,384) |
2020 £ 1,684 2,970 |
2020 £ 1,684 2,970 |
|
|---|---|---|---|---|
| **4,654 ** | ||||
| 2020 £ 133,634 37,468 (21,910) - |
||||
| 149,192 | ||||
| Restricted Funds 2020 £ - 1,560 - - |
||||
| 176 | - |
Restricted Grant – IBM
To fund a project to enable the Charity to work with front-line charities that provide services to the homeless, to improve mental health and reduce the prevalence of suicide amongst homeless and ‘street’ communities via the provision of durable, reusable water bottles to the homeless, in Brighton & Hove.
10. Trustees emoluments
The trustees did not receive any remuneration during this period (2020: £nil).
Expenses totalling £nil were reimbursed to the trustees during this period (2020: £nil).