2021-04-05-accounts - The Pontoon Trust

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					Unrestricted	Expendable	Total	To0e I
					Income	endowment	this period	Isst year
			Nots		Fund	Fund	2021	2020
					6	F	6	7-
Incoming resources
Voluntary Income
Donations						2,719,980	2,719,980	1,500,000
Tax refund due on gift aid						679,995	679,995	375,000
Investment income					55,604		55,604	43,850
Total incoming resourses					55,604	3,399,975	3,455,579	1,918,850
Resources expended
Cost ofgenerating funds
Investment management	costs
Charitable aclivilies
Grants made				3	2,500,000		2,500,000	280,000
Other
Audit fees					1,380		1,380	2,640
Accountancy and advice	fees				6,000		6,000	6,000
Bank charges					43		43	1
Total resources expended					2,507,423		2507423,	288,725
Net incoming/(outgoing)	resources				(2,451,819)	3,399,975	948,156	1,630,125
before transfers
Gross transfers between	funds				2451,819	~2451 819
Net income/(outgoing)	resources before					948,156	948,156	1,630,125
other recognised gains	and	losses
Other recognised gains	and	losses
(Losses)/gains on investment		assets				1,224,299	1,224,299	(574,424)
Net movements in funds						2,172,455	2,172455	1,055,702
Fund balance brought forward						4606940	4606940	3551,239
Fund balance carried forward at 5 April			2021			6,779395	6,779395	4606,940
					11

				2021	2020
Net income for the year				948,156	1,630,125
Ad/ustments for
Interest and dividends				(55,604)	(43,850)
Decrease/(Increase) in debtors				375,000	(375,000)
Increase in creditors				60	2,639
Cash flows from operating		activities		1,267,612	1,213,914
Cash flows from investing		activities
Interest and dividends				55,604	43,850
Proceeds from sale of investments				700,000
Purchase of investments				(1,719,230)	(1,498,973)
Net cash used by investing		activities		(963,626)	(1,455,123)
Change in cash and cash equivalents				303,986	(241,209)
Cash and cash equivalents	brought		forward	271,188	512,396
Cash and cash equivalents	carried forward			575,174	271,187

As at 5 April 2021	As at 5 April 2021
										2021f	2020
1 Income
Gift Aid donations										2,719,980	1,500,000
(Donations and	related tax refunds		are all		expendable		endowment		fund income)
										2 719980	1,500,000
2 Investment	income
Handelsbanken interest										318	915
LF Hb Balanced		Multi Asset		Fund	I inc dividend			distributions		55,285	42,935
(tn47estment income is all unrestricted				funds income)						55,604	43,850
3 Grants
Grief to Grace										150,000	50,000
Royal Opera	House									2,100,000	180,000
Opera RARA										250,000	50,000
(Grant expenditure is		all unrestricted		Fund	expenditure)
										2 500 000	280,000
4 Other
Audit fees											2,640
Accountancy	and	Wealth advice fees to 31					March 2020				6,000
		(Handelsbanken				Wealth		Mgt)
Bank charges
Audit fees for	2020-2021									1,380
Accountancy	and	Wealth advice fees to 31					March 2021			6,000
		(Handelsbanken				Wealth		Mgt)
Bank charges										43
(other expenditure	is all unrestricted			fund expenditure)						7423	8,641
5 Fixed asset investments
Market value
Carrying (market)		value at beginning ofyear								3,967,712	3,043,163
Add Additions	at cost									1,719,230	1,498,973
Less disposals at carry value Add/(deduct) net gain/(loss)			on revaluation							700,000 1,224299	~574,424
Carrying (market)		value at end ofyear								6,211,241	3,967,712