||||Page|| |---|---|---|---|---| |Report ofthe Trustees||1|to|2| |Independent
Examiner's|Report|||| |Statement
ofFinancial|Activities|||| |Balance Sheet||||| |Notes to the Financial Statements||6|to|10| |Detailed Statement ofFinancial Activities||||| ## ## ## ## ## ## ## ## ## ## ## ## ||||fo|r the Year Ended 31December|2021|| |---|---|---|---|---|---|---| ||||||31.12.21|31.12.20| ||||||Unrestricted|Total| |||||Notes|fundf|fundsf| |INCOME|AlvD ENDOWMENTS||FROM|||| |Donations|and legacies||||98,534|9,528| |Investment|income||||22,246|19,836| |Total|||||120,780|29,364| |EXPENDITURE ON||||||| |Charitable|activities|||||| |Chaditahle|activities||||57,696|36,000| |Other|||||36,424|27,212| |Total|||||94,120|63,212| |Net gains|on investments||||77,248|114,847| |NET INCOME|||||103,908|80,999| |RECONCILIATION||OF FUNDS||||| |Total funds brought||forward|||2,991,841|2,910,842| |TOTAL FUNDS CARRIED FORWARD|||||3,095,749|2,991,841| ||The M|argaret Igtlbery Foundation|argaret Igtlbery Foundation||| |---|---|---|---|---|---| |||Balance Sheet|||| |||31December|2021||| |||||31.12.21|31.12,20| |||||Unrestricted|Total| |||||fund|funds| |||Notes||2|9| |FIXEDASSETS|||||| |investments||||2,227,209|2,141,699| |CURRENT ASSETS|||||| |Debtors||||21,227|1,906| |Cash at|bank|||852,623|859,284| |||||873,850|861,190| |CREDITORS|||||| |Amounts|tailing due within one year|||(5,310)|(11,048)| |NET CURRENT ASSETS||||868,540|850,142| |TOTAL|ASSETSLESSCURRENT LIABILITIES|||3,095,749|2,991,841| |NET ASS=TS||||3,095,749|2,991,841| |FUNDS|||||| |Unrestricted
funds||||3,095,749|2,991,841| |TOTAL|FUNDS|||3,095,749|2,991,841| ## ## ## ## ## ## ## ## ## ## ## ## |31.12.21|31.12,20| |---|---| |6|| |22,246|19,836| ## ## ## |CONlPAR|ATIVES
F|OR THE ST|ATEMENT OF FINANCIAL ACTIVITIES|| |---|---|---|---|---| |||||Unrestricted| |||||fund| |INCOME|AND ENDOWMENTS||FROM|| |Donations|and legacies|||9,528| |Investment|income|||19,836| |Tota||||29,364| |EXPENDITURE ON||||| |Chariitable|activities|||| |Chartable|activities|||36,000| |Othe-||||27,212| |Vota||||63,212| |Net caine|on investments|||114,847| |NET INCOME||||80,999| |RECONCILIATION||OF FUNDS||| |Total funds brought||forward||2,910,842| |TOTAL FUNDS CARRIED FORWARD||||2,991,841| ## ## ## |||||||||||||Cash and||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||Listed||settlements||| |||||||||||investments
f||pending
6||Totals
6| |MARKET VALUE||||||||||||||| |At 1 January|2021|||||||||1,991,549||150,150|2,141,699|| |Additions||||||||||436,005||55,718||491,723| |Disposals
Rev"luations||||||||||(488,475)
82,262||||(488,475)
82,262| |At 31 December 2021||||||||||2,021,341||205,868|2,227,209|| |NET BOOK VALUE||||||||||||||| |At 31 December 2021||||||||||2,021,341||205,868|2,227,209|| |At 31 December 2020||||||||||1,991,549||150,150|2,141,699|| |There were no investment|||assets|outside|the|UK.||||||||| |Cost or valuation||at 31 December||2021 is represented||||by:||||||| |||||||||||||Cash and||| |||||||||||Listed||settlements||| |||||||||||investments||pending||Totals| |||||||||||2||F||6| |Valuation
in 2021||||||||||78,178||||78,178| |Valuation
in 2022||||||||||82,262||||82,262| |Cost||||||||||1,860,901||205,868|2,066,769|| |||||||||||2,021,341||205,868|2,227,209|| |Iffixed asset|investments||had not|been revalued|||they would have been|||included|at the following
historical||cost:|| |||||||||||||31.12.21||31.12.20| |Cost||||||||||||1,860,901|1,913,371|| |Fixec asset|investments||were|valued|on|an|open|market|basis|basis
on|31 December
2021||by|Berenberg| |Partnership.||||||||||||||| |DEBTORS:AMOUNTS|||FALLING DUE WITHIN||||ONE|YEAR||||||| |||||||||||||31.12.21||31.12.20| |||||||||||||f||f| |Other debtors||||||||||||21,227||1,906| ## ## ## ## ## |||||31.12.21|31.12.20| |---|---|---|---|---|---| |||||F|5| |Other creditors||||5,310|11,048| |LEASING AGREEMENTS|||||| |Minimum
lease payments|under non-cancellable|operating|leases fall due as follows:||| |||||31.12.21|31.12.20| ||||||f| |Within one year||||23,933|23,670| |Between one and five years||||20,083|42,434| |||||44,016|66,104| ## |MOVEM|ENT|IN FUNDS|||||||| |---|---|---|---|---|---|---|---|---|---| |||||||||Net|| |||||||||movement|At| ||||||||At 1.1.21|in funds|31.12.21| ||||||||f||5| |Unrestricted||t'unds|||||||| |General|fund||||||2,991,841|103,908|3,095,749| |TOTAL|FUNDS||||||2,991,841|103,908|3,095,749| |Net novement||in funds,|included||in the above|are as follows:|||| |||||||Incoming|Resources|Gains and|Movement| |||||||resources
F|expended
5|losses
f|in funds
2| |Unrestricted||funds|||||||| |General|fund|||||120,780|(94,120)|77,248|103,908| |TOTAL|FUNDS|||||120,780|(94,120)|77,248|103,908| |Comoaratives||for movement||in|funds||||| |||||||||Net|| |||||||||movement|At| ||||||||At 1.1.20|in funds|31.12.20| ||||||||F|f|9| |Unrestricted||funds|||||||| |General|fund||||||2,910,842|80,999|2,991,841| |TOTAL|FUNDS||||||2,910,842|80,999|2,991,841| ## ## ## |Comoara|tive
|net moveme|nt
in funds,
included
in th|e above are as foll|e above are as foll|ows:||| |---|---|---|---|---|---|---|---|---| |||||Incoming||Resources|Gains and|Movement| |||||resources
5||expended
f|losses|in funds
f| |Unrestricted||funds||||||| |General|fund|||29,364||(63,212)|114,847|80,999| |TOTAL|FUNDS|||29,364||(63,212)|114,847|80,999| |A current year||12 months|and prior year 12 months|combined|position|is as follows:||| ||||||||Net|| ||||||||movement|At| |||||||At 1.1.20|in funds|31.12.21| |||||||F|f|f| |Unrestricted||funds||||||| |General|fund|||||2,910,842|184,907|3,095,749| |TOTAL|FUNDS|||||2,910,842|184,907|3,095,749| ||||incoming|Resources|Gains and|Movement| |---|---|---|---|---|---|---| ||||resources
f|expended
8|losses
f|in funds| |Unrestricted||funds||||| |General|fund||150,144|(157,332)|192,095|184,907| |TOTAL|FUNDS||150,144|(157,332)|192,095|184,907| ## ## ## |||||Detailed Statement of Financial Activities||| |---|---|---|---|---|---|---| |||||for the Year Ended 31December 2021||| ||||||31.12.21f|31.12.20
6| |INCOME AM3 ENDOWMENTS||||||| |Donations
and|legacies|||||| |Donations|||||79,213|7,622| |Gift aid|||||19,321|1,906| ||||||98,534|9,528| |Investment
income||||||| |Listed investment|income||||22,246|19,836| |Total incom ng|resources||||120,780|29,364| |EXPENDITURE||||||| |Charitable
activities||||||| |Grants to ins. itutions|||||57,696|36,000| |Support costs||||||| |Governance costs||||||| |Rent|||||25,404|7,622| |Rates|||||1,371|698| |Website|||||235|| |Bank charges|||||90|72| |Sundries|||||392|354| |Accountancy|||||2,160|4,168| |Investment
management|||fees||6,772|14,298| ||||||36,424|27,212| |Total resources|expended||||94,120|63,212| |Net income/iexpenditure)|||before gains|and||| |losses|||||26,660|(33,848)| |Realised recognised||gains and losses||||| |investments|||||77,248|114,847| |Net income|||||103,908|80,999|