||||Page| |---|---|---|---| |Report ofthe Trustees|||2 to 7| |Independent
Examiner's||Report|| |Statement ofFinancial||Activities|| |Balance Sheet|||10| |Statement ofCashflow|||| |Notes to the Financial|Statements||12 to 20| |Detailed Statement of|Financial Activities||21| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Restricted|31.12.20|31.12.19| |---|---|---|---|---|---|---|---| |||||funds|funds|Total funds|Totalfunds| ||||Notes||||| |INCOME|||||||| |Donations
and Legacies||||27,461|6,075|33,536|88,382| |Investments||||168|46,170|46,338|39,469| |Total income||||27,629|52,245|79,874|127,851| |EXPENDITURE|||||||| |Raising funds|||||14,217|14,217|12,688| |Charitable
activities||||26,339|93,992|120,331|155,434| |Total expenditure||||26,339|108,209|134,548|168,122| |Net (gains) on investments|||||(179,134)|(179,134)|(252,835)| |NET INCOME||||1,290|123,170|124,460|212,564| |RECONCILIATION||OF FUNDS|||||| |Total funds brought|forward|||85,506|2,378,884|2,464,390|2,251,826| |TOTAL FUNDS CARRIED FORWARD||||86,796|2,502,054|2,588,850|2,464,390| |||Unrestricted|Restricted|31,12.20|3!.12.19| |---|---|---|---|---|---| |||funds|funds|Total funds|Totrdfunds| ||Notes||||| |FIXEDASSETS|||||| |Investments|||2366,596|2,366,596|2,199,027| |CURRENT ASSETS|||||| |Debtors
Cash at bank||882
87,293|146,593|882
233 886|11,944
273,101| |||88,175|146,593|234,768|285,045| |CREDITORS|||||| |Amounts
falling due within one year|10|(1,379)|(11,135)|(12,514)|(19,682)| |NET CURRENT ASSETS||86,796|135,458|222,254|265,363| |TOTAL ASSETSLESSCURRENT|||||| |LIABILITIES||86,796|2,502,054|2,588,850|2,464,390| |NET ASSETS||ft6,796|2502 054|2~588 850|2,464,590| |FUNDS|||||| |Unrestricted
funds
Restricted funds||||86,796
2,502 054|85,506
2,378,884| |TOTAL FUNDS||||2,588,850|2,464,390| ||2020|2019| |---|---|---| |CASH FLOWS FROM OPERATING ACTIVITIES:||| |Net cash (used in) operating
activities (see below)|(97,118)|(85,073)| |Cash flows from investing
activities:||| |Dividends
and interest &om invesbuents|46,338|39,469| |Proceeds from sale ofinvestments|26,940|73,158| |Prn chase ofinveshnents|(15,375)|(320,797)| |Net cash provided
by (used in) investing activities:|57,903|(208,169)| |Change
iu cash and cash equivalents
in the year|(39,215)|(293,242)| |Cash and cash equivalents
at the beginning ofthe year|273,101|566,343| |Cash snd cash equivalents
at the end ofthe year|233,886|273,IOI| |RECONCILLATION
OFNET INCOME/(EXPENDITURE)||| |TO NET CASH FLOW FRO1VIOPERAIING ACTIVTIIES||| |Net income for the year|124,460|212,564| |per the statement offinancial activities||| |Adjustments
for:||| |(Gains) on inveshuents|(179,134)|(252,835)| |Dividends
and interest horn investments|(46,338)|(39,469)| |(Increase)I decrease iu debtors|11,062|(II,944)| |increase/
(decrease)
iu creditors|(7,168)|6,61I| |Net cash (used in) operatiug
activities|(97,118)|(85,073)| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |DONATIO|NS
AND LEGACIES||||| |---|---|---|---|---|---| |||||31.12.20|31.12.19| |||Unrestricted|Restricted|Total|Total| |Donations|and Legacies||||| |Membership|Subscription|22,481|100|22,581|20,962| |Donations||1,640|5,975|7,615|9,065| |Other Income|||||40| |Gift Aid||290||290|312| |Legacies||3,050||3,050|58,003| |2020||27,461|6,075|33,536|88,382| |2019||22,332|66,050|88,382|| |INVESTMENT INCOME|||||| |||||31.12.20|31.12.19| |||Unrestricted|Restricted|Total|Total| |Investment|Income||||| |Dividends|||46,170|46,170|38,723| |Deposit Account Interest|||||534| |Bank Interest||168||168|212| |2020||168|46,170|46,338|39,469| |2019||212|39,257|39,469|| ## ||||||31.12.20|31.12.19| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Total|Total| |Charitable
Activity||||||| |Gifts and Donations||||1,140|1,140|| |Grants to Individuals||||35,355|35,355|55,099| |Grants to Organisations:||||||| |FN Museum
Trust||||||10,000| |||||36,495|36,495|6'5,099| |Support Costs||||||| |Management
Charge|||13,636|31,852|45,488|42,638| |Journal publications|||8,057|18,543|26,600|26,134| |Travelling||||(34)|(34)|3,303| |Trustee Meetings|||1,543|1,255|2,798|7,947| |Print Post Stationery|Storage||2,310|3,729|6,039|4,050| |Gifts and Donations|||110|700|810|1,238| |Website and IT|||151|433|584|3,331| |Bank Charges|||60||60|238| |Governance
Costs||||||| |Legal|||||16|16| |Audit/
Independent|examination|fee|437|1,019|1,440|1,440| |Professional
Fees|||35||35|| |Expenditure|||26,339|57,497|83,836|90,335| |2020 Total expenditure|||26,339|93,992|120,331|155,434| |2019Total expenditure|||27,942|127,492|155,434|| ## ## ## ## |The Nightingale|Fellowship|(Assoc) General Fund|91,763| |---|---|---|---| |The Nightingale|Fellowship|(Assoc) Restricted Fund|89,825| |Benevolent
Fund|Restricted|for benevolence|2,971,092| |Esmond Bequest|Restricted|fund|510,742| |Esmond Bequest|Sir Geof&ey Bateman Restricted||17,156| |fund|||| ||||3,680,578| ## ## |Listed investments|||| |---|---|---|---| |||31.12.20|31.12.19| |MARKET VALUE|||| |At 1 January 2020
Sale ofinvestments||2,199,027
(26,940)|1,698,554
(73,158)| |Purchase Investments||15,375|320,797| |Realised/unrealised|gains or losses|179,134|252,835| |At 31December 2020||2,366,596|2,199,027| |NET BOOK VALUE|||| |At 31December 2020||2,366,596|2,199,027| ## ## ## |DEBTORS:AMOUNTS FALLI|NG DUE WITHIN ONE YEAR||| |---|---|---|---| |||31.12.20|31.12.19| |Gift aid Unrestricted||602|312| |Accrued membership
subscriptions|Unrestricted|280|| |Accrued dividends
Restricted|||11,632| |||882|11,944| |CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||| |||31.12.20|31.12.19| |Accrued grants Restricted||4,310|2,300| |Accrued expenses Unrestricted||1,379|4,217| |Accrued expenses Restricted||6,825|13,165| |||12,514|19,682| ## |||Net movement|| |---|---|---|---| ||At 01.01.20|in funds|At 31.12,20| ||E|E|| |Unrestricted
funds|||| |General fund|85,506|1,290|86,796| |Restricted funds|||| |Restricted fund|2,378,884|123,170|2,502,054| |TOTAL FUNDS|2,444,390|124,460|2 588,850| |||||Income|Expenditure|Net|Movement
in| |---|---|---|---|---|---|---|---| |||||||Gain|funds| ||||||8|E|| |Unrestricted|funds||||||| |General fund||||27,629|(26,339)||1,290| |Restricted funds|||||||| |Restricted fund||||52,245|(108,209)|179,134|123,170| |TOTAL FUNDS||||79,874|(134,548)|179,134|124,460| |12.
ACTIVITY|BYFUND||||||| ||||Gifts and|||Gain on|| |||Income|Grants|Expendltnre|Governance|Iavest2nents|Total| |General Funds||27,629||(25,867)|(472)||1,290| |Unrestricted
Fnnds Total||27,629||(25,867)|(472)||1,290| |Benevolent Fund||41,705|(35,534)|(57,498)|(875)|159,429|107,227| |Esmond Bequest Fund||5,540|(961)|(2,561)|(144)|19,705|21,579| |Sir Geoff'rey Bate2nan|Fund|5,000|||||5,000| |Perseverance
Trust Fund||||(105636)|||(105636)| |Restrdcted Funds Total||52,245|(36,495)|(70,695)|(1,019)|179,134|123,170| |Grand Total||79&874|(36,495)|(96,562)|(1,491)|179,134|124,460| ## ## |13.
Comparative
Statement ofFinan
for the Year Ended 31December|cial Activities
2019||| |---|---|---|---| ||||31,12.19| ||Unrestricted|Restricted|Total| ||funds|funds|funds| ||||E| |INCOME|||| |Donations
and Legacies|22,332|66,050|88,382| |Investments|212|39,257|39,469| |Other Income|||| |Total income|22,544|105,307|127,851| |EXPENDITURE|||| |Raising funds||12,688|12,688| |Charitable
activities|27,942|127,492|155,434| |Total expenditure|27,942|140,180|168,122| |Net (gains) on investments||(252,835)|(252,835)| |NET INCOME|(5,398)|217,962|212,564| ## ## ||||31,12.19| |---|---|---|---| ||Unrestricted|Restricted|Total| ||funds|funds|funds| |FIXEDASSETS|||| |Investments||2,199,027|2,199,027| |CURRENT ASSETS|||| |Debtors
Cash at bank|312
89411|11,632
183,690|11,944
273,101| ||89,723|195,322|285,045| |CREDITORS|||| |Amounts
falling due within one year|(4,217)|(15,465)|(19,682)| |NET CURRENT ASSETS|85,506|179,857|265 363| |NET ASSETS|85,506|2,378,884|2,464,390| ## |||||||31.12.20|31.12.19| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||funds|funds|funds|funds| |INCOME|||||||| |Donations
and Legacies||||27,461|6,075|33,536|88,342| |Investment
Income|||||46,170|46,170|38,723| |Interest||||168||168|746| |Other Income|||||||40| |Total income||||27,629|52,245|79,874|127,851| |EXPENDITURE|||||||| |Raising funds|||||||| |Fund Manager Fees|||||14,217|14,217|12,688| |Charitable
activities|||||||| |Gifts and Donations|||||1,140|1,140|| |Grants|||||35,355|35,355|65,099| |Charitable
Expenditure|||||36,495|36,495|65,099| |Support Costs|||||||| |Management
Charge||||13,636|31,852|45,488|42,638| |Journal publications||||8,057|18,543|26,600|26,134| |Travelling|||||(34)|(34)|3,303| |Trustee Meetings||||1,543|1,255|2798|7947| |Print Post Stationery||Storage||2,310|3,729|6,039|4,050| |Gifts and Donations||||110|700|810|1,238| |Website and IT||||151|433|584|3,331| |Bank Charges||||60||60|238| |Charitable
Expenditure||||25,867|56,478|82,345|88,879| |Governance
Costs|||||||| |Legal||||||16|16| |Audit/
Independent||examination|fee|437|1,019|1,440|1,440| |Professional
Fees||||35||35|| |Total governance|costs|||472|1,019|1,491|1,456| |Total expenditure||||26,339|108,209|134,548|168,122| |Net gains on investments|||||179,134|179,134|252,835| |NET INCOME||||1,290|123,170|124,460|212,564|