2020-12-31-accounts - The Rockspring Charitable Trust

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CHARITY REGISTERED No.	CHARITY REGISTERED No.	1175442
TRUSTEES:		R.M. Plummer (Chairman)
		F.J.Plummer
		G.H. Carter
		S.E. Floyd
AUDITOR:		Dafferns LLP
		One Eastwood
		Harry Weston Road
		Binley Business	Park
		Coventry
		CV3 2UB
BANKERS:		NatWest Bank
		Royal Leamington Spa
		Royal Priors
		59The Parade
		Leamington Spa
		CV32 4ZX
INVESTMENT MANAGERS:		a) Close Brothers Asset Management 8'"floor
		10, Exchange Square
		Primrose Street,	London		EC2A 2BY
		b) Baillie Gifford	and Co Ltd
		Carlton Square
		1,Greenside Row, Edinburgh				EH1 3AN
		c) Psigma Investment		Management
		11,Strand, London WC2N 5HR
INVESTMENT ADVISOR:		Punter Southall	Financial		Management
		11Strand, London WC2N 5HR
SOLICITORS:		Wright Hassall
		Olympus Avenue
		Tachbrook Park
		Warwick
		CV34 6BF
CORRESPONDENCE	ADDRESS:	Wright Hassall
		Olympus Avenue
		Tachbrook Park
		Warwick
		CV34 6BF

			Expendable
		General	endowment	2020	2019
		fund	fund	Total	Total
	Notes		F	F	F
INCOME AND ENDOWMENTS:
Settlements by Mr 8 Mrs Plummer			417,612	417,612	405,402
Investment income	2	54,290		54,290	35,339
TOTAL INCOME AND ENDOWMENTS		54,290	417,612	471,902	440,741
EXPENDITURE ON:
Raising funds Investment management fees		11,878		11,878	5,457
Charitable Activities
Grant expenditure Grant related support costs	3 4	305,500 11,717		305,500 11,717	73,200 18,728
TOTAL EXPENDITURE		329,095		329,095	97,385
NET (EXPENDITURE)/INCOME
BEFOREOTHER RECOGNISED
GAINS &LOSSES		(274,805)	417,612	142,807	343,356
NET (LOSSES)/GAINS ON INVESTMENTS 5			1,076,761	1,076,761	157,783
TRANSFERS BETWEEN FUNDS		400,000	(400,000)
NET MOVEMENT IN FUNDS		125,195	1,094,373	1,219,568	501,139
RECONCILIATION OF FUNDS
Fund balances brought fowvard		(67,973)	4,521,791	4,453,818	3,952,679
Fund balances carried forward		57,222	5,616,164	5,673,386	4,453,818

				Expendable
			General	endowment	2019
			fund	fund	Total
		Notes	E	F
INCOME AND ENDOWMENTS:
Settlements by Mr 8 Mrs	Plummer			405,402	405,402
Investment income		2	35,339		35,339
TOTAL INCOME AND ENDOWMENTS			35,339	405,402	440,741
EXPENDITURE ON:
Raising funds
Investment management fees			5,457		5,457
Charitable Activities
Grant expenditure		3	73,200		73,200
Grant related support	costs	4	18,728		18,728
TOTAL EXPENDITURE			97,385		97,385
NET (EXPENDITURE)/INCOME
BEFORE OTHER RECOGNISED
GAINS 8 LOSSES			(62,046)	405,402	343,356
NET (LOSSES)/GAINS	ON INVESTMENTS			157,783	157,783
NET MOVEMENT IN FUNDS			(62,046)	563,185	501,139
RECONCILIATION OF	FUNDS
Fund balances brought forward			(5,927)	3,958,606	3,952,679
Fund balances carried forward			(67,973)	4,521,791	4,453,818

	GRANTS
	The following grants were awarded during	the	year:-
	Norwich-Dedza Partnership Towards construction ofa girls' dormitory	at Umbwi Secondary School			5,000
	Chipping Campden School Towards match funding raised for a performing		arts centre		200,000
	The Kensington and Chelsea Foundation Towards supporting front line charities working		in the community		85,500
	The Kensington and Chelsea Foundation Towards the Christmas Appeal				15,000
					305,500
4.	ALLOCATION OF SUPPORT COSTS
				2020	2019
					F
	Grant Making Legal and professional fees Accountancy Audit fee —governance cost Room hire			4,887 4,600 1,750 480	13,813 3,120 1,545 250
				11,717	18,728

No Trustee or person with family or business connections with the expenses during the year (2019:ENil).	Trustees received any remuneration or
INVESTMENT	2020
Quoted investments	E
Market value at 31 December 2019	3,336,767
Additions	878,228
Disposals Dividend reinvested	(227,321) 52,048
Management fees Investment gains Investment value adjustments	(11,728) 1,076,761 (33,295)
Market value at 31 December 2020	5,071,460
Quoted investments comprise: Cash and cash equivalents Listed investments	E 82,268 4,989,192
	5,071,460

2020	2019
E	F
4,655	15,808