2020-12-31-accounts

	Page
Report of the Trustees	1to3
Independent Examiner's Report	4
Statementof Financial Activities	5
Balance Sheet	6 to 7
Notesto the Financial Statements	8to 11
Detailed Statement of Financial Activities	12

3 June 2021

		2020	2019
		Unrestricted	Unrestricted
		fund	fund
	Notes	£	£
INCOMING RESOURCES
Incoming resourcesfrom charitable activities
Donationsandgift aid	2	179,911	13,903
Investment income	3	47,684	60,782
Total incoming resources		227,595	74,685
RESOURCES EXPENDED
Grants payable	4	688,020	684,186
Charitable activities		6,883	4,080
Legal and administrative costs	5	43,292	77,268
Total resources expended		738,195	765,534
NET (OUTGOING)/INCOMING RESOURCES
BEFORE OTHER GAINS AND LOSSES		(510,600)	(690,849)
Profit on disposal of investment assets		-	620,908
Net gains on revaluation of investment assets		459,070	570,123
Foreign exchangegain		238	-
Net movementin funds		(51,292)	500,182
RECONCILIATION OF FUNDS
Total funds brought forward		4,686,994	4,186,812
TOTAL FUNDS CARRIED FORWARD		4,635,702	4,686,994

		2020	2019
		Unrestricted	Unrestricted
		fund	fund
	Notes		£
FIXED ASSETS
Investments	7	4,518,493	4,529,861
CURRENTASSETS
Debtors	8	34,523	400
Cash at bank		84,966	158,893
		119,489	159,293
CREDITORS
Amounts falling due within one year	9	2,280	2,160
NET CURRENT ASSETS		117,209	157,133
TOTAL ASSETS LESS CURRENTLIABILITIES
		4,635,702	4,686,994
NET ASSETS		4,635,702	4,686,994
FUNDS	10
Unrestricted funds		4,635,702	4,686,994
TOTAL FUNDS		4,635,702	4,686,994

VOLUNTARYINCOME
	2020	2019
	£	£
Donations	145,250	12,138
Gift Aid	34,661	1,765
	179,911	13,903
INVESTMENT INCOME
	2020	2019
	£	£
Investment income	47,684	60,782
GRANTS PAYABLE
	2020	2019
	£	£
Grants payable	688,020	684,186
The total grants paid to institutions during the year wasasfollows:
Animal welfare and conservation	688,020	684,186
LEGAL AND ADMINISTRATIVE COSTS
	2020	2019
	£	£
Rent	-	19,500
Administration support	18,000	16,944
Independent examination fee	2,640	2,520
Investment manager fees	18,122	18,541
Bank charges	621	1,178
Consultancy costs	3,909	18,585
	43,292	77,268

		Cash and
	Listed	settlements
	Investments	pending	Totals
	£	£	£
MARKET VALUE
At 1 January 2020	4,170,746	359,115	4,529,861
Acquisition at cost	300,235	868,884	1,169,119
Disposals at opening book value	(798,034)	(818,357)	(1,616,391)
Net gains on revaluations at year end	435,904	-	435,904
At 31 December 2020	4,108,851	409,642	4,518,493
NET BOOK VALUE
At 31 December 2020	4,108,851	409,642	4,518,493
At 31 December 2019	4,170,746	359,115	4,529,861
		2020	2019
		£	£
Historical cost		3,340,456	3,838,254
DEBTORS: AMOUNTSFALLING DUE WITHIN ONE YEAR
		2020	2019
		£	£
Other debtors		34,523	400
CREDITORS: AMOUNTSFALLING DUE WITHIN ONE YEAR
		2020	2019
		£	£
Othercreditors		2,280	2,160

				Net
				movement
			At 01.01.20	in funds	At 31.12.20
			£	£	£
	Unrestricted funds
	General fund		4,686,994	(51,292)	4,635,702
	TOTAL FUNDS		4,686,994	(51,292)	4,635,702
	Net movementin funds, included in the aboveareasfollows:
		Incoming	Resources	Other	Movement
		resources	expended	gains	in funds
		£	£	E	£
	Unrestricted funds
	General fund	227,595	738,195	459,308	(51,292)
	TOTAL FUNDS	227,595	738,195	459,308	(51,292)
	MOVEMENTIN FUNDS — PRIOR YEAR
				Net
				movementin
			At 01.01.19	funds	At 31.12.19
			£	£	£
	Unrestricted funds
	General fund		4,186,812	500,182	4,686,994
	TOTAL FUNDS		4,186,812	500,182	4,686,994
	Net movementin funds, included in the aboveare as follows:
		Incoming	Resources	Other	Movement
		resources	expended	gains	in funds
		£	£	£	£
	Unrestricted funds
	General fund	74,685	765,534	1,191,031	500,182
	TOTAL FUNDS	74,685	765,534	1,191,031	500,182
11.	ULTIMATE CONTROLLING PARTY

	2020	2019
INCOMING RESOURCES
Incoming resources from charitable activities
Donations and Gift Aid	179,911	13,903
Investment income	47,684	60,782
Total incoming resources	227,595	74,685
RESOURCES EXPENDED
Charitable activities	6,883	4,080
Grants	688,020	684,186
Legal and administrative costs Rent Administration support Independent examination fee Bankcharges Consultancy costs Investment manager’s fees	18,000 2,640 621 3,909 18,122	19,500 16,944 2,520 1,178 18,585 18,541
	43,292	77,268
Total resources expended	738,195	765,534
Net income	(510,600)	(690,849)