| Trustees | Professor M Basanez |
(President) | (President) | ||
|---|---|---|---|---|---|
| Professor C Sutherland | (Vice | ||||
| President) | |||||
| DrJ Pachebat (Honorary |
Treasurer) | ||||
| Professor KTyler (Honorary General |
|||||
| Secretary) | |||||
| Dr P McVeigh (Honorary | Meetings | ||||
| Secretary) | |||||
| Dr H Price (Ordinary Member) |
|||||
| Dr R Hirt (Ordinary Member) |
|||||
| Dr J LaCourse (Ordinary | Member) | ||||
| Professor D Robinson |
(Ordinary | ||||
| Member) | |||||
| DrJ QAcala (Ordinary | Member) | ||||
| DrJ Prada (Ordinary | Member) | ||||
| Charity | number | 1171659 | |||
| Principal | address | 87 Gladstone Street |
|||
| Bedfordshire | |||||
| MK41 7RS | |||||
| Independent | examiner | Matthew Cleghorn FCA |
BSc(Hone), Anova | ||
| The Barn, Meadow Court | |||||
| Faygate Lane | |||||
| Faygate | |||||
| Horsham | |||||
| West Sussex | |||||
| England | |||||
| RH12 4SJ |
| Page | |||
|---|---|---|---|
| Trustees' | report | 1-4 | |
| Independent examiner's |
report | ||
| Statement | offinancial activities | ||
| Balance sheet | |||
| Notes to | the financial statements | 8-15 |
| Unrestdcted | Unrestricted | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2020 | 2019 | |||||
| Notes | F. | 8 | ||||
| In and endo |
e | fr | ||||
| Donations and |
legacies | 25,252 | 27,649 | |||
| Charitable activities |
66,044 | 82,453 | ||||
| Investments | 6,876 | 8,210 | ||||
| Other income | 150 | |||||
| Total income | 98,172 | 118,462 | ||||
| ~E* it |
||||||
| Charitable activities |
7 | 98,023 | 125,161 | |||
| Net gains/(losses) | on investments | 12 | 53,758 | 76,517 | ||
| Net movement | in | funds | 53,907 | 69,818 | ||
| Fund balances | at 1 January | 2020 | 589,229 | 519,411 | ||
| Fund balances | at | 31 December 2020 | 643,136 | 589,229 |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | 5 | f | |||||
| Fixed assets | |||||||
| Tangible assets | 13 | 17 | 863 | ||||
| Investments | 14 | 575,696 | 525,828 | ||||
| 575,713 | 526,691 | ||||||
| Current assets | |||||||
| Debtors | 15 | 17,830 | 7,525 | ||||
| Cash at bank and in | hand | 66,306 | 73,052 | ||||
| 84,136 | 80,577 | ||||||
| Creditors: amounts | falling due within | ||||||
| one year | (16,713) | (18,039) | |||||
| Net current assets | 67,423 | 62,538 | |||||
| Total assets less current liabilities | 643,136 | 589,229 | |||||
| Income funds | |||||||
| Unrestricted funds |
643,136 | 589,229 | |||||
| 643,136 | 589,229 | ||||||
| The financial statements | were approved | by the Trustees | on ..X.~....~ g, ./ |
~~g.f |
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2020 | 2019 | ||||
| E | E | ||||
| Investment | portfolio | dividend | income | 6,864 | 8,153 |
| Investment | portfolio | interest | income | 12 | 57 |
| 6,876 | 8,210 |
| Total | Unrestricted | |||||
|---|---|---|---|---|---|---|
| funds | ||||||
| 2020 | 2019 | |||||
| E | E | |||||
| Processing | fee | for | NT19 | event | 150 |
| 2020 | 2019 | ||
|---|---|---|---|
| E | E. | ||
| Meeting costs | 50,865 | 82,634 | |
| Grant funding | of activities (see note 8) | 200 | 6,211 |
| Share of support costs (see note 9) | 46,958 | 36,316 | |
| 98,023 | 125,161 |
| Support c | osts | |||||
|---|---|---|---|---|---|---|
| Support | Governance | 2020 | 2019 | |||
| costs | costs | |||||
| E | E | |||||
| Depreciation | 846 | 846 | 1,584 | |||
| Bank and | credit card charges | 2,411 | 2,411 | 2,883 | ||
| Insurance | 937 | 937 | 942 | |||
| Computer | software expenses | 4,501 | 4,501 | 3,610 | ||
| Postage and stationery | 26 | 26 | ||||
| Affiliations | 770 | 770 | 760 | |||
| Legal and | professional | fees | 5,175 | 5,175 | 4,700 | |
| Independent examiner's |
remuneration | 2,292 | 2,292 | 2,280 | ||
| Trustees' expenses | 3,988 | |||||
| Secretariat | fees | 30,000 | 30,000 | 15,569 | ||
| 46,958 | 46,958 | 36,316 | ||||
| Analysed | between | |||||
| Charitable | activities | 46,958 | 46,958 | 36,316 |
| Net gains/( | loss | es) on investments |
||
|---|---|---|---|---|
| Unrestricted | Unrestricted | |||
| funds | funds | |||
| 2020 | 2019 | |||
| K | 5 | |||
| Revaluation | of | investments | 54,714 | 75,902 |
| Gain/(loss) | on | sale of investments | (956) | 615 |
| 53,758 | 76,517 |
| 13 | Tangible fixed assets | |||
|---|---|---|---|---|
| Computer | equipment | |||
| 8 | ||||
| Cost | ||||
| At 1 January 2020 |
6,035 | |||
| At 31 December 2020 | 6,035 | |||
| Depreciation and impairment |
||||
| At 1 January 2020 | 5,172 | |||
| Depreciation charged |
in the year | 846 | ||
| At 31 December 2020 | 6,018 | |||
| Carrying amount |
||||
| At 31 December 2020 | 17 | |||
| At 31 December 2019 | 863 |
| 14 | Fixed asset investme | n | ts | ||
|---|---|---|---|---|---|
| Listed | |||||
| investments | |||||
| 6 | |||||
| Cost or valuation | |||||
| At 1 January 2020 | 525,828 | ||||
| Additions | 110,005 | ||||
| Valuation changes |
54,714 | ||||
| Equalisations and adjustments |
1,935 | ||||
| Disposals | (116,786) | ||||
| At 31 December 2020 | 575,696 | ||||
| Carrying amount |
|||||
| At 31 December 2020 | 575,696 | ||||
| At 31 December 2019 | 525,828 | ||||
| 2020 | 2019 | ||||
| 6 | |||||
| investments at fair value comprise: |
|||||
| UK equities and other | investments | 137,983 | 142,338 | ||
| Overseas equities and | other investments | 303,666 | 253,924 | ||
| UK fixed interest securities | 134,047 | 129,566 | |||
| 575,696 | 525,828 | ||||
| 15 | Debtors | ||||
| Amounts falling due |
within one year: | 2020f | 2019 6 |
||
| Prepayments and accrued income |
17,830 | 7,525 | |||
| 16 | Creditors: amounts | falling due within one year | |||
| 2020 | 2019 | ||||
| 6 | 6 | ||||
| Trade creditors | 2,394 | ||||
| Other creditors | 10,612 | 10,515 | |||
| Accruals and deferred | income | 3,707 | 7,524 | ||
| 16,713 | 18,039 |