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|---|---|---|---|
|Administrative|details|||
|Report ofthe|trustees|||
|Independent|Auditor's|report||
|Statement of|financial|activities 2021||
|Statement of|financial|activities 2020||
|Balance sheet|||10|
|Notes to the financial||statements||
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||||Expendable|||
|---|---|---|---|---|---|
|||General|endowment|2021|2020|
||Notes|fund
F|fund
f|Total
f|Total
E|
|INCOME AND ENDOWMENTS:||||||
|Settlements
by Mr & Mrs Plummer|||418,433|418,433|417,612|
|Investment
income|2|55,270||55,270|54,290|
|Other income||110||110||
|TOTAL INCOME AND ENDOWMENTS||55,380|418,433|473,813|471,902|
|EXPENDITURE ON:||||||
|Raising funds||||||
|Investment
management
fees||16,731||16,731|11,878|
|Charitable
Activities||||||
|Grant expenditure|3|362,710||362,710|305,500|
|Grant related support costs|4|15,821||15,821|11,717|
|TOTAL EXPENDITURE||395,262||395,262|329,095|
|NET (EXPENDITURE)/INCOME||||||
|BEFORE OTHER RECOGNISED||||||
|GAINS 8 LOSSES||(339,882)|418,433|78,551|142,807|
|NET (LOSSES)/GAINS
ON INVESTMENTS 5|||(623,907)|(623,907)|1,076,761|
|TRANSFERS BETWEEN FUNDS||300,000|(300,000)|||
|NET MOVEMENT
IN FUNDS||(39,882)|(505,474)|(545,356)|1,219,568|
|RECONCILIATION
OF FUNDS||||||
|Fund balances
brought
forward||57,222|5,616,164|5,673,386|4,453,818|
|Fund balances carried forward||17,340|5,110,690|5,128,030|5,673,386|
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||||Expendable||
|---|---|---|---|---|
|||General|endowment|2020|
|||fund|fund|Total|
||Notes|F|F||
|INCOME AND ENDOWMENTS:|||||
|Settlements
by IVir & Mrs Plummer|||417,612|417,612|
|Investment
income|2|54,290||54,290|
|TOTAL INCOME AND ENDOWMENTS||54,290|417,612|471,902|
|EXPENDITURE ON:|||||
|Raising funds|||||
|Investment
management
fees||11,878||11,878|
|Charitable
Activities|||||
|Grant expenditure||305,500||305,500|
|Grant related support costs|4|11,717||11,717|
|TOTAL EXPENDITURE||329,095||329,095|
|NET (EXPENDITURE)/INCOME|||||
|BEFOREOTHER RECOGNISED|||||
|GAINS &LOSSES||(274,805)|417,612|142,807|
|NET (LOSSES)/GAINS ON INVESTMENTS|||1,076,761|1,076,761|
|TRANSFERS BETWEEN FUNDS||400,000|(400,000)||
|NET MOVEMENT
IN FUNDS||125,195|1,094,373|1,219,568|
|RECONCILIATION
OF FUNDS|||||
|Fund balances
brought
forward||(67,973)|4,521,791|4,453,818|
|Fund balances carried forward||57,222|5,616,164|5,673,386|
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||||BALANCE|SHEET|SHEET|||
|---|---|---|---|---|---|---|---|
|||as|at 31December||2021|||
||||||2021|2020||
|||Notes||E|||E|
|INVESTMENT ASSETS||||||||
|Investment|||||4,592,938|5,071,460||
|CURRENT ASSETS||||||||
|Debtors and prepayments||||16||222||
|Bank balances|||587,296|||606,359||
||||587,312|||606,581||
|LIABILITIES:Amounts|falling due|||||||
|within one year:|||(52,220)|||(4,655)||
|NET CURRENT ASSETS|||||535,092|601,926||
|NET ASSETS|||||5,128,030|5,673,386||
|FUNDS OF THE CHARITY:||||||||
|Expendable
endowment|fund||||5,110,690|5,616,164||
|General fund|||||17,340|57,222||
|TOTAL CHARITY FUNDS|||||5,128,030|5,673,386||
|The financial statements|on pages 8|to 14were|approved|by the|z ~ Qc~W
trustees on .................2022 and signed||by:-|
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||GRANTS|GRANTS||||
|---|---|---|---|---|---|
||The following
grants were awarded
during the||year:|||
||Chipping
Campden
School|||||
||Towards match funding
raised for a performing||arts centre||240,000|
||The Kensington
and Chelsea Foundation|||||
||Towards supporting
front line charities working||in the community||106,720|
||Reach Arts|||||
||Top up funding
to reopen programme||||5,490|
||Norwich-Dedza
Partnershi p
Towards
girls dormitory at Umbwi Secondary||School||10,500|
||||||362,710|
|4.|ALLOCATION OF SUPPORT COSTS|||||
|||||2021|2020|
||||||F|
||Grant Making|||||
||Legal and professional
fees|||5,149|4,887|
||Accountancy
and advisory|||8,776|4,600|
||Audit fee —governance
cost|||1,850|1,750|
||Bank charges|||46||
||Room hire||||480|
|||||15,821|11,717|
||No Trustee or person
with family or business|connections||with the Trustees received any|remuneration
or|
||expenses
during the year (2020:fNil ).|||||
||INVESTMENT||||2021|
||Quoted investments|||||
||Market value at 31 December 2020||||5,071,460|
||Capital additions||||718,433|
||Acquisitions||||215,055|
||Disposals||||(834,670)|
||Dividend
reinvested||||55,168|
||Management
fees||||(12,296)|
||Investment
gains||||(622,094)|
||Investment
value adjustments||||1,882|
||Market value at 31 December 2021||||4,592,938|
||Quoted investments
comprise:||||f|
||Cash and cash equivalents||||74,286|
||Listed investments||||4,518,652|
||||||4,592,938|
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