RwJl•*r•d C(¥npany: 11217433 Ch•rlty Number. 01177527 HARBORNE s￿ETH￿cK CHARrrABLE TRUST (A ¢ompany Ilmltod ty guar•ntso1 TRUSTEES, REpoKfAND FINANCIAL STATEMENT8 FOR THE YEAR ENDED JO JUNE 2021 HARBoR￿ AND SMEfHWICK CHARrrABLE TRLKST (A compny Ilmlt•d by gu•rnnt••) CONTENTS Tru8tg85' R8FWYt 3.31 IndowdentA￿1rW1 Roptyt c(￿￿1￿ted T￿1 Ch*ty 37 Note8 to tm FiMrKaal Stthn HARBORNE AND SMETTrMICK CHARITABLE TRUST IA comp•ny Ilmlt•d by gu•r•n￿) REFERENCE AND ADMINISTRATIVE DEfALS OF THE CHARITY, rrs TKBTEES AND ADVISERS FOR THE YEAR ENDED 30 JUNE 2021 Chaty Name Mart￿ arrtl SmetrtAld( Charitsble Tn￿1 Chanty R￿l¥trth Numb 01177527 Numb 11217433 Pl￿paI Office 1L* Court Oak Rofid 8knikngh•m B17 approved Am.. Mrs B Ch6ty8￿d¥ Mr 8thva Dha Clr P Fcthler Mr G &4 Mr O Jeff•ry Mr8 P Lea{1￿ ktr8 R &lb MrVSNwtorMBE Mr N ThornpK MrFW Ch•lrnMn: ktrDJthy Ext•rn•l Audtorn: RuOaThl HoJs8 148 Edmund blreel miSnghwn B32FD Banknrn: Natth81 We81rn***r P 4th Fknjr 2 St ptwlb'8 Plac• BKmsngham B3 2R8 HARBORNE AND SMETHbMCK CHARrrABLE TRUST (A ¢ompany Ilmlt•d by gu•rant•o) REFERENCE AND ADIAINISTRATIVE DEfAILS OF THE CHARITY, rr3 TRUSTEE8 AND ADVISERS (continu8d) FOR THE YEAR ENDED 30 JUNE 2021 Sollcltorn ory Cc4kn8 rmin &3 2ES TYr￿al￿A￿ Edgba8t Blrmirgharn B17 8BY HhJ9B & Sth Brk8rt8y Hlll Webt MbJWrf DY5 1LX 42 Bull Street In¥••1￿ advllorn FILKY rninrtom &3 2&J Irbt•rn•l iudlthr• 30 Camp Road F&n￿rOU Hamp8hire GU14 8EW Pwje 2 HARBORNE AND ￿m￿CK CHARITABLE TRL (A eomp•ry Ilmlt•d by guaran*J•l TRUSTEES. REPORT FOR THE YEAR ENDED XI AINE 2021 Ch•lrn¥n'8 r•port 12 rnOn￿ ago. we slill in tho t•8th •KI tr) re8tiScliw. l imaglne that m061 of us th0￿ht that by be back to'fyymaf. To ￿ extent trArt rw infa*tin8 are sts"Il high ar*J the ImFod of thè nvw'omlcxom. v8riant remain8 lo be seerL Th8 tibJ drflerarte has beon ts rawd roll out of lh• vwn8*on prwamme and Ihe majonty of c¥J rwidents jabbed Or￿8, ￿le8 8nd the Desth the lar-ranwg proNem8 by CvAd Ihe value cl ow8188ts, parttrxw inv•strnwts have Thjt beDn Impxted and. has ￿lU￿lY inc¥8awI. Tr inoyn8 tr{￿ thom rthipw rerrt5 on InV￿lm￿l propwles has ￿10 ¢onb"rwJ•tO SUFPYI ow resKlerrts provid8 no&Jed fuTra8 to be￿fft tho new in the wg9r#8atK￿I #nd IrbJMdu•l$. Beca(￿ 8ome prc*cts and property Improvements b8•n put on hold, not $F¢nt ag as antiU'FQted In t￿ Wrth the redwlkn in r8stFKaiont I￿Ve been *810 rK(MnrNJnce hmrted 1ri8rt8 to iTrJividul8 arwj orrJgnl8aYons ￿ have apF41￿1 for grnnts. TN8 has gi￿ u¥ the to ￿ wiftlwrt in thoir probty. 0￿r the ytsw ther• trov• been mary Ind t*• b•w tt4K•rMd ￿￿)114U08 *1th Thè 0È41ty ofour re8lderts to IN? indepwdenty. aTrJ v*twt b￿2m•S cltlwn when Ilw are not. D•aling volth- &xtsnded rtrletlrnu to &xtra Irr￿￿1 In and dffirJJty finthng lu1￿0 now r88i¢*nt8. It hos be￿ 8 fru8tr8lng ITh• lor r￿dèrtI tIKry Ilme b￿n9 tlw 4r• •bl• to ￿>all￿e, and a(liv￿8$ hwo recoMenc•J on a limited basi& Wlh a tsXe4pv￿U un¢Jgrstocé al Ihe variou• meBsuro5 Ihat hav• had to imF*xe frorr lirne to th"m?- it 18 t06tsmw* to their that we hav• h•J no eVhY￿ af infeo*Dn b•'r4 at wry oflm S x*rn. Durin9 t￿ yearwo havo loet Kerry 8ollthrt••lKJ Iwj (yxrtiTh*J lo Iwp evfll after reilwin9 0$ 4 full truBteo. wldanc• and d•Fth d kn￿￿edge pwti(xtsty hw mater8 helErf￿. Wo dBO rec4vad gnatb)n of Bawg Dhollu a nomin￿¥& trusts& frcrfn Sand4wI MBC- he be nw88&18l Bo8rd Mgetings and th8 commlttees that in. Wè hab? b•8n Tr)tifigJ ol a nominee wll b6 goltVJ thrO￿ah Ih8 n•cu58ry pr¢*edum 8OC¥L Bowd cornrnKt•• ffl•8b'n98 have trthtirwjod tho ZOOM wll (k$ 80 until 2Q2. Al boot I Iwg fel tow•*lhe ¢)ffic• forth• W c￿￿OffiX￿tts-With mask8 a)d t￿nFw￿1r0 theck AS evgr In th18 repL¥t eath y￿r tt l• my to you rny￿ aThJ, ￿ boh1￿ ol all of the tru8tee8, to tts fjtoff oftho Charfty. are ¥ery luckyth* Iwe. In Strnn a CEOfrJr ￿rtm)m Pwith Lw•JJ Charity li totalty commffw to ￿ Chanty ￿rkS often th• nLYmal *￿Iki￿J day. Thi8 has a pgrtularfy trU5tra￿n9 year Ipr him 8n¢J h18 Staff de*iro th a fth¥ very dlffiDJY< wlth reshl￿ts vtho e8ts kYobknm8 for themsefva and a totsl l* of Supwyt trcm the various stat￿ry agena•s sh¢JJJ deallng wrth thern. On top of ￿ he has had to ¢opo With wc*>lems rdairy to t1￿ averthwng rub6 ro18ting lo M￿ng S￿1 Cowd, wci11￿5 th our ￿ 8ysteTll, ntrw t￿1086 of our propwfy managor and 8 host of cther dre•JLI He to ￿licIPal& comry and deal witt) tlwm aCLxYdirvJty. HAR80RNE Afrx) SMEfHWICK cHARr[A￿ TRL {A Compary Ilrnhod by TRUSTEES, REPORT (wtsnu8d) FOR THE YEAR ENDED 30 JUNE 2021 Ch•lmwn'• Iwrt. eontlnu•d Hth￿Ver, every memk*r Oltr￿ ￿Off has te8n impthd ty alk*J8d io an irnydlnakn ol tirm and energy h88 hod to be expeThded in dealingwiththem. They remain steadfast in bwng ￿n$rtIVe and eariTrJ 8nd thdr prOts$￿OnaliSffl IB kn be 8PFAavJtA ttay to day running sxthecharity oJnllrNJas unabated aTr everyone ha8 ojped o¥Ir￿lin8rty vdl de8yts V)68e adW burd•1￿. F*￿ty. Ixn l thank my felowtru•1￿ fOrTr￿1r c4rnkn1•rt oTrJ atlyKknce at Lx>ard & crynmtio• moth"ng8, albeit Zc4)m. ￿rticulty V4tsy( R￿h￿ Sl*w. Mc Syl¥e5tw arnl N*1 thoir Ih• 4 D•vld HAR8ORNE AND SMEfHWICK CHARrrA8LE TRLBT (A ¢omp•ny Ilmltsd by guanYrtMI TRUSTEES, REPORT {¢Mthu8d) FOR THE YEAR ENDED JO JUNE 2trI1 Objecllvm and Acll¥llle Hart*)me ar*J SmthvKk cfAril¥tile Trust Irknd to 8TrJ the sol• trusts• of Ihe Hwbome Pwl$h Lar Ch8Ity and w8s8nty us•s the re80Lrn stall of that ¢h¥rty to delivw 8har8d obJ'•kns. Harbcffle and Srneth*w* Charita￿$ TN8t Is 8 r•gL818r*l tharity a ￿rnparry limrtfrj ty guarantee. Hart•yn• and SmthV￿￿ Charitable Tru8t a c1J￿•)￿te lo the mLth ￿&b￿n• p￿Sh Lands Charty. The origin8 of the Hart)omè P¥i8h Latth CtrAIty are kAt in Ihe of time. but rt wos méntlcx& in a dCom•ntda￿j 1840 wvj m8y ¢Jate trom a b&]ue8t by Mr8 Ek2*8th Cw Idk98 Plddoc*l i) 1576. Tctyjw the thanty vaTrJu5 1nv•itin￿ts together wth ekn$hou88 prryrli85 wre port fvndèd ty th• then H￿n9 C¢Jpxabon. The of is the P8rlth of H¥tr￿, w In the County Of￿&t Midkgnd8 and th& bon￿Clari@S are tho alm8Fv4? newJ t￿lhin the parish. Th• uoation of th8 Harbjme Sm6tfvi*k ChariW)le Tr(*t enab￿ th8 Btaff and trpAt•8s of the HartK¥nè P8dsh LAnds Ch81ty to mcthi80 Ih•ir 9￿marr4j arrarvJerI￿ts sllll tr￿ to Ihè v￿￿•5 •rKI ainwj of tho orfglnol gifA. fvTnMteo8' RepJrthtr¢8ftor, an L￿M￿ntsry rtyarthrvjthe aLthitki¥, ￿rfOrTr￿Tr￿ and p081tk*n ofthe group relat• lo tr* wJtyng olthe HartTh￿ PAri8h Land& Charity. ObJ•¢lh•• 3.1 ObJ•¢tl¥ The Harb0￿ smell￿ thri18blg TrLMtwas set th• wblc or or rdlef of poveity aTrJ the reli•f ofthoa• kn r••J. or of È•nol The Ch¥ltatA• gmup do￿ ty.. Pthdiry c¢ fflwwglrg h￿81￿￿ WXIrm￿ tot1* of p￿￿nI In r￿rnStanCe8 #re Inhabttwts oftho wea of ben8f* PfoMdirYJ Support to Fer8on8 rnSKl•rt ￿ Ihe m of V*tto gre In ¢￿nd￿'on ef need, hards or thBtre88 by maknng grants of mw or for or paytrg for itemi. w1￿CeS or fac4litle• cd(aA#t•a to redL** tr* n•8d h•rdthp ¢X thotr8# Of•￿￿ Thè area of b&)•fft ￿r￿s￿ of 12 Fw*l*•. wl** tr)gBttw m•k• Parknh of H8thm•. Thele gro.. Sl 8onifxe Q￿rrtOn Ro8d W8st 1BffnliW￿I) Sl Faith and St Lauren￿ IHartorr*) Sl Jthn {Harbw￿) St Peigr IH4rt¢yrnl St Alb&r* St Chad ISrn¢lfthlckl St Mary l&nethw(*l st M8ithe44 ISrno￿dr) St Mthael and AJI ATrae15 {&nOir￿) st stephww (Smoth￿￿¢} St Pgul ISmelhvKkl Crfd Chwth Ismethvrtk) This gecSraphi￿ am (>)mprf8e8 most crf HartKKne and som8 diJJinton in lh8 Cty of ￿rnIngham ￿ ￿11 as mo* of Sm&lhwb* aThl a sm81 part crf BeaThvcoJ in SwKfrA¢ll metr(P)lit￿ Borough CoLhK41. HARBORNE APa> SIAETHWICK CHARrrABLE TRUST IA ¢omp•ny Ilmllod ty guarnntsfrl TRUSTE&8' REPORT (¢Mtsnu FOR THE YEAR ENDED 30 JUNE 2tr21 32 Actlvlvw •nd Structs To ￿hleve these Ob￿￿￿e$ tr* owity ￿￿k?18 a team cl 11 pwlo tre ¢*arity tho Hartun Pan'sh Lan¢$ Charty. Th• Tnthas ￿e aFw4ntsd a thiBf exeortNe to rtm the Har￿￿￿ Pwhh L￿d$ Chanty on a * to day tM6iB. Through ￿ HOrt￿rne Parish L8rKI8 Charity. C￿e6 Se alm¥hous08 In fve y£hBrnes lo aLtomrTh)daYM lotWwhowTrX Mgett￿roWn hC￿n9 need8. E8th almsho￿1& a ￿￿-cOn￿￿e￿ one t4droom lor In excéFlJ'onal two Wro￿￿) fi* ￿ cottw in 8 8￿mered I￿51￿ 8chemo. 8tham ha￿ ctffimunal to en8we ¢yw reBiderts f•el saf• and So￿le and pull systems to help wlth rr*)m¢nts ol uisis. Thè #lmBhtyJ8e8 are r•spoMtrf'lty ofa Housing M8nag8r. who is 8UPPDrt•d by a Poly and Infcrfmalon Okn S￿l0r BLldng Mwger. Each 8cknm• ha8 a Bullding Manager wh) 16 re8W18ible for pro¥ldww tho inknnsivo housing ma￿9￿M•￿t Servi￿ at that 8them•. TM d)arty al employs a &Jpport OINcer to help ow ￿mSh¢X￿ res1(￿￿ IN8 ind0p*￿*nty for lonLw and an PLtivty C ordlnator lo wovlda a wcgramme of 8Umulating aGt"viti"es wxl trlps Ihat iTh703s6 wr m￿d￿nts, qualNy of Ibts. dean, and 8810. Th• ftharty In¥lt81 th• Parish of to ap￿ for gr￿• to 8upp)rt pU￿1C groups in ne•d. Th charity 8•ts ￿ amual grant 8tr8kn by rw*M¢vJtho no&J# Intr￿ 8nc*nt parish throLyh dal8 th wdlgt49 and though eO)ThJM￿ rffld pkqns. oryanI￿tIOn8 Jr• then InvSt¢d to appty for grants in of 4 ty 5 t￿1 ar8a8 wJc* ￿ thild F¢¥wty. dabt m#nagem6nt, (oo and hou8ehc4d gtX#Js distn.bu￿￿. ¢JhJer F*xyl8 th.￿ng SC#ial W•b"on or youn9er peopl• at risk of bKomirvJ NEET (Not in Emtyoyrn•nL Ethjcabon orTrainingl. Grant typlicthons are asse￿d In lour r￿n￿5 each year and apptylrg org8nkryat*Jn3 are ajkqd to delall the group they *i8h to with, the outo)me8 thry grn expectlng to ￿10¥& and vthy thii L% to the oftt)g wbllc as a After month8 Icy ￿G￿er 6f the prolect the Chty co￿lu¢#I a po8t grant mO￿tLY1￿j •x•rci89 to en8uro thè money wa• sport on the 8t8ted wrpo8• and th& axpthj reButs xkniovod. The Aim8 to grant fiJThJlng oryan1sol￿¥ to addrom tm •tructhl IS￿ tr•t cart• or from F¢¥wty In ana•nt partsh of Harbfft. Fin•ly, t￿ cNqrty wn$ ￿ IrNdfvhJ￿I gr8N¥ tr#xe kn knm•¢l*• poNwty Lyth. RefeTha thi$ pr•dorninanOy ¢omo thrwgh Ihlrd pty a98rKae8 Indmduals 88 heghh workers, 18mlly 8UPP)rt ￿rkerS hwslng Indiwithwl grants *ill nL￿alY •xcagd £WJ p h￿Sehol# gnd could be ftjra ¢thvwse r8ngeofbmthat￿I•Ye n*J (annLNbe &￿ty￿nded elJvwher•. Exampl•s indude the Fur￿￿ ofwhite gwJ$ or essenlial fumiture. a Grants Offlcfjr to manage And monitor gr8nt8 to organthlM8 #nd delNef cwr Ind.*￿dUaI gran18 wffjramm•. The charty aim8 to ustr ft8 IrthithJAI prcgrwnm? to tsr m¢rt ￿te WKI inrnedl*. indM¢JJalk88(1 •ff•X8 of o￿Ar vtho arg juFP￿￿j ty tr* 6ervpx cl a pwt4wn• FirwN* Mamgor frorn ts J•rfcPK* F￿1nd•t￿. Thè koy managam•nt oft￿ P•ith Chwlty Ihat on beh￿1 of fv H&rbL and Smetrthl¢k Charitable Tnmt are.. HARBORNE AND SMErTrriKK CHARITA￿ TRiMT (A ¢omp•rry Ilmft•d by guarnni••l TRUSTEES. REPORT (tiy)tinu• FOR THE YEAR ENDED 30 JUNE 2021 str￿n Slmp•on, Ch￿1 Exeafft St8vgn joined th8 cth81ity In Jarwjory 2014 8erMY nthnal r￿e%￿lh Rempllyy Ltd and the JericlKJ FourKI￿. Steven Is resFonsible for wrykirvJ with the board to set thè strateglc of the L*arity aThY •nauring tha charTty meets ts c*)JeL*beB. Steven has #n degree in h18W and is member of Ihe Chartwed 1rn8tstute of Hous1￿. A8 th'ef ?￿￿e Stew is respon8lN• for wcth'ng v*ith the board to 8et fv 8tr8t•gK th? dwity. thiB 8trategy Is ￿ cwrabon•l ￿an and th en￿￿r￿j hs deliv￿￿. C•rolyn Arnol¢ Hcmjsing Manag Cardyn I￿ned in 2￿7 and has kn • nurfkner of tekn bdng A￿oIntsd HouslrvJ Manager in Marth 2016. Cardyn A r•8F*JMibl• fof tho th¥ty'8 ￿u￿rg and related aeTric8B. C￿lyn is 8 mgmt¢r ol Ih of GIIM•n Rlgty. Info￿atiOn And Poky OfficAr Gill has ovw20y•8rs olhousiig rnanggement eyperleru and Pddsdegr￿$ In p0ffta18￿I* and Glll18 8180 a ffl*Ytsr of Charter•J kn8tth of H￿$rt. manag•s th¥ ¢harty'8 dats, translates govwnm•* Wl¢y a￿1 wklarK* in ￿8(*•1 •￿T￿lI•S m•ry ofth cawrlty'• p31￿0* procdwe& Tory Vlhltshou••, Soniy BulhJlThJ Manag Tony h9• over 30 yearn ol trade exFthwKe IrKI￿ rmir 20 yew8 rnAlrrtainlrKJ HPLC propert￿$ on bahalfof ￿ of the charTty'3 ctsknQLY8. H8w'ng In 2012 Tony was awarded the pg8rton of Sgr4or 8uilding Manager kn 2018. T¢Jry18 resp*$ibk lortho t￿nIC￿ of managing the th8rity'8 •lc¢k induding p￿nn￿ maiFrt•nanc• 8TKI marwerrt ol mw le￿rt￿Shrn•ra8. Nl¢k Willac•, Finartt Mawer Nidtlolned th•charty in May 2017 aftwth•r4lYwr*rtollhectsty'8 thous man￿OrAL￿n Perter. NK* h88 over 17 yeaJ5of¢xWor￿￿v￿ng*Ith rtwltwwrnfvwest Midlands aThJ M al80tho FingrThi Manager fer th• 8Krningh8m t￿ed Jeritho Ni¢* 18 resFeJ. Tree key pu8￿1 IDrm a SèrkK IAar#yment Tean (Swry th•t b8¥J& the charty thrwh m9Ic rewsibilty forthe thrty'8 obpkns ￿dBUFwrt oF•r8tions. meetryKe a morrth ￿ monwor flnanclal and no￿hnaThiaI peth)mwnc•. legr51aiNe diwo. di[￿l￿)n, *ff dov8lr¢)mrt 8tratfrw. r*g8lth and ￿1•ty, ICT And olhw ￿rning lsJw& HARBORNE AND sIEfHSIICK CTr14RITABLETRUST (A ¢ompAny Ilnblt•d by guwant••) TRUSTEE8' REPORT {C￿rtMU￿dj FOR THE YEAR ENt)ED 30 JLIIE 2021 4. G¢yMminc• 4.1 Gov•ftlffj Do¢um•nts HarbTh 4ThJ SmetlNit* Chorttth Tru8Ys key g¢Mrtig dI￿￿nt l¥ 6ts Memmn¢*Jm and AJtith• 1rKOrp￿a￿ on 21 Febriw 2018. In 2019 ts tru$tees of ts HgrbJrn• Parip* LarKl$ Charity pass*1 Charty. 42 TnMIM• H8rt1)m• and Smettrf•Ack Charitabl6Ttwt ha8 12 Intstee r*xfa"¢M. t*v oflthom ar• r￿nin￿ted ty Santhv81 M8C and tho Cty of ￿M)Ir¥ah￿rn un(ler Importfra nomlnatKJn rights Irtym Hartjxne pwlsh land8 Charfty. tsu8tee$ 8eThe fcrf a twm of fow yw8. Th8 r0rn8inlng wght InJ8tae8 or• cAe tr•lrry Chwlty Cornml81iM and tsrm tralniryd tthugh the thrty's FYcrf888iwI mambeThNp as th? M•c•Sgkn ¢KAtsecth￿n ofchart8￿a F￿r¥jalk￿l HARBORNE A14D SMETHbMCK cHARTr￿ TRU8T IA company Ilmlt•d by quarwrtw) TRUSTEES, REPORT (ctypDnu8dJ FOR THE YEAR ENDED 30 JUNE 2021 4A Pty •nd R•munèrntlon Trwtees ofts Hartrrfrw gnd PAnell￿ TnAt rnt Pshl IKY•*Wtr Ilw may ddm e4p8n8￿. The ¢h•lty h06 a (1c￿rn8ntsd pdicy for ts d#kniThJ of tr￿.$ expen8e5 ikntsiling may b• dalm lor aThJ vthal is regmd to daim The tru8lee6 olthe Hwbcme end Sm6tlritk Chw*abI8TTL￿I pay orKJ condttk)rffj lor Harbome P8r* Larth cfwty annualty at F8trfu￿y rneetlng ol h Fi￿nCe fv￿dit CC￿mitte• vkno then mako recomrnendatbn8 to the fiAI t&Jard regarding f)X Lrf li¥irvJ IF*Je86e8, F•fAknn ¢￿trIbu￿or* and èddttknrAI b8r*fft8. The ar￿181 ravi￿ of pay condljorn is appli•1 eqLWty to a115taff and 18 ImFd•rnen￿ Iho follo￿n9 4x11. Th? charlty h48 8 ￿(￿mI￿￿ed r￿Y 8L*. Thè pay 8c* d&t&"b 8rx •laff, offwr, 8anior offiew, manager, ex¢raJtve and th18 y￿1 a train•8 b￿￿ was Tr*8e b8r•is CM•SFoThJ to tholgvel of management re$ponBI￿Ity and Sca￿n￿bI1￿Y Fost trdds. Eoth band ha¥ a *¥al 8•t in relAOon t* e otr•r bond8. Wthln ea¢* band thw• are bur i￿Thr￿. Norm*y, am 6taff afe aFP)intod cm thg IrA￿&t *thmont and to th• naxt increm￿rt take8 F4ac• at tho di8(¥thn ofthe ImstsO6 in r••Mrd for a member of 8tsff elfvr I￿nIfi￿lty irKXtWffd tmor 8kll• Iv4d. LY athJrfloMI r•spOn￿bIlti￿ that we 8tll commen6urate th8¥ b￿dIng. JI dlglble thff ar• ￿l011•d In m aukn ¢xxnpl*il *KI th& c>)thbut•• 5% of stsff •am*ws lo b)18• 8thm•s. The ol *Jdltic¢)81 ben•fts tr) ￿ 8laff Includng partwipatsji In a cydfjhvk 8c*em&, In Aprfl 2020 tNry trustses uTrJertoc* to &xletKI ts 81th.t￿m, non￿¥￿. pon81￿ fjccelorator sc1￿￿• originalty undert&len in 2017 yem. The tnMtse8 W that thk8 Will ew*xJrage the staff to save m￿¢ tr t￿1r let1rnm￿L mal**s *8ff pwx¥wl ctffrtrt*LrtTryrf ￿ lo an 8ddttlon 5% overlhe ¢c￿tra￿d 5%. Staff expenBeB are pwd in wr•w8 on ol*¥idwu of u. WMFN tB an ￿thbliSh￿l to pyovldo an &xd)8ngè ol Intelllgence. and È•st fLmthrvJ organisabons In Iho W•8t MldlrA)ds. UnfcA1unat•ty. duotothe ongotng panderTvcall e￿rtS In 21r20r21 ￿lIu81 ar￿ iThs￿led di8(*8$lon8 abo Dfvgrsty, equality, tyimty ar￿ In&￿C￿. oarty to ts¢*llng p*w•rty and thsathantage and what ge￿ g0vWn￿c1fj looks I'ke. The dwrrty's link8 th Welt Midl￿d# FurM1•rs N•tsvrk hove boen ￿1th￿r enha￿e￿ kn 2020r21 astt* chwty'8 Grarts Offiw, Peter Hardisty. is in • voluntsry cap** •¥ the Tre88ure ofWFN. ACF Is 8 n&K)no1 wnbrfla bc#* forlnJ8ts w(J Iwndthi$ tw donat8 momy, goc¥J8 or 8eThices. ACF p￿)*•h a ol m•Jgztsw• onkno tWlvJht bgBt prathce within the Pwl8h Land8 Charity As a rnern￿r oftr* Nobon4 HrAMThJ F•JBratK*n INHF) and at 4 morn Iixal levd, th• BIrmIngh￿ &rial Hcwing IBSHPI and ￿ Wgst MldlpAKIs Small Hou8iThJ Auco'ations chm8rking Group IWMSHA8GI wn by Acuty. BSHP 18 an organisabonlhat acts as 8n umtrnlL8 for all reg18tered 80(yal18ndlor(Is In Bimryh8m Ih•t •m$ lo toagther to infiuence prA6Gy in th• . BSHP is &'rmingham Clty CoLmryl's for the ri*8se ol knforrnaticfi. WMSHABG 14 kxal WDwder8 %bTth le$8 th￿ 1(n) unts of Tr￿U$￿9 and works tcg•th•r to compare performanc* data, 8hwe InldlgerK* regardivJ conlrac*m, s&aor trerth 8nd market COnd￿On￿, r•portiry and vthere pJ8sible jc¥nty prcrw• Cf BeThic8s. ￿ ¢twty oThJ IK18ts th• San(hvell cou￿1 Soc481 Lwdbrd$ Gr￿P. This wup r￿priSO8 al Krt8reth 8cwl LqnJlwdB *ilh houslng st￿k In s8nd￿M and 18 the primary knrum to rvr*¥• Lpjates on tdh p&Ytyrnonce and fijiure th8ng9$ from the Court41, The c*#rity 18 0180 4 n￿mt￿r of Ihe AmohM• As8oLl￿b)n Is Tegi6tw•d wlh the Housing In ad¢lUon to these me¢¢ fomKg1 arr8ng•nwrts Ihe trustees th inlcrfmJly *ith Yardley Great Twrt Sir Jc6iah MaBon Tru5t?nd Le￿'STrUst1o shthp be8t andioN*try W0aJr￿$rK￿¢e $ervi(x5. Forthe past 4 y88r8 th¢ p8rtnership ha6 in gjoint r￿1]errt 8c¥ubry ponel 8nd gppoirrted an extsrnal faalittitor to run It. panel been fO￿n￿ in resporte to SeC￿ri￿j resiL*nt InpLrt Irom our small (M powlations. By *thing Org￿tsatiOn rs able to brfrt Irom ￿ increa￿1 ￿sIdent pool of potentsal particAFonts WKI compare rtrsp)nw *ithin the gr(w. Unfortun810ty, the pand￿￿ h¥5 to make it fc¢ sLY￿ny panel lo meet hC￿￿er Page 10 HARBORNE AKI SMETHMCK CHARITA￿ TRUST IA ¢omp•ny Ilmltsd ty guarnnts•) TRUSTEES. REPORT (Cc￿n{￿d) FOR THE YEAR ENDED 30 JUNE 2021 6RI• uslng the ch8nty's risk register. The trust￿ rmk rwJi5ter tsvk* a year. Financ4al risk¥ Btr888 tethj to ￿derStand wh81 le￿ of ￿n￿l￿1 1$ rwuir*l, *hfiat Imp8& the rl8k ¥&ill hava ond htrwsever• ts Situation 4wyJhJ have to bth ￿ rt8k cwkl rh) longer b• manag&J. On the th r•>* th• likd•Ktsl of rlBk• hb rthj a tlmple rxrnic 1 r4 ￿lIkelY and 3 is probgble. The Irn￿ of al ri8k8 18 tw 8ssws&g' again LWVJ a num•rfc 8c* 1 is Imp&X and 3 18 high Impact E8¢h numt4r ¥ multi￿1￿￿ ty the oiherto we a rl8k rntwig #c4ye tétswon 1 ond 9. Ithere 1 l• a rfsk oflryAf ￿(XIty and 9 18 a ii•k• x¥thg 6ormore ￿ r•p>tsd bth. In th? 202Cf21 frnrthl yew. th• prirn￿ Mk¥ bth• hw• bwL' Chang88 to tM bw•ffts systwn WMC o)l&c Failur• of thè invè8tment ptsYcdk* to g￿er* •ypthJ Lo88 of comm•ryi•l ￿t through vomtis: lThx¥rfTrJ 8ub2lantial noTrbJdW•d LOC￿ of att￿¢6 #t trL¢ts• m8•b"nqs', Swlw8 Dam8g8 to Property.. unt￿rtaInty rol￿r& frtyn th• Unrt•d ￿n￿.8 d8d•lon to b8¥e the EurC0￿ Unbn., and TrGk)to1 th(¥19 PaTrJ8micwtith Impac*"ng. Stsff wd*a'ng, r68￿j0ntMfjl1bOITrJ. rgrrt81 IrK£*m, Thwe risks r•prewKrtrAI on tho ri6k as fckn.. Page11 HARBORNE AhD SMEfHWICK CHARrrA8LE TRU8T IA company Ilmknd by &Mmnth•l TRUSTEES. REPORT (GThrytsnu6d) FOR THE YEAR ENDED 30 JUNE 2tr11 frrffl and r•rn Page 12 HARBORNE AND ￿METH￿cK CHARITABLE TrU8T IA company Ilmlt•d by guaran*￿) TRUSTEES. REPORT fctxthnu& FOR THE YEAR ENDED 30 XINE 2021 I•JBk the Uthj Ijtyd￿r¥th•kty 11 Is un8urpri8irg that the rfsk w*h greatest overal p￿er•J.￿ impgrt ￿ tho dwrty 18 Ihè Covld-19 pgndomk. The ￿ndern￿ ha8 4rrtl knflu•nc*d •*WI Single am of the thwity's (ywatlon Irom ￿T 8eMca ddN8ry to ojr governan￿ aThl fr(Yn inveslmenl M￿￿eMert to our day to dwy nnencial transgction8. OPW8tbn¥. P48 13 HAR8ORNE AND SMETHWICK CHARITABLE TRUST IA compwry Ilmlt•d by quararrt••) FOR THE YEAR ENDED JO JUNE 2021 The numbw 01p￿P1? in IM oifry. TTwlh'rKJ to frcth wxk.. Mo￿n9 arauTrJ sw8.. M8lntaining i*8tsrnaThJ'. Meeting face to kn: Cmimunal 8T￿., Cbonlng: HygberMJ'. Personal Prot•clw Equpm•rt IPPEI.. Communl¢8Uon•'. WorkJ"ThJ from hom•.. Impgcled ffinandal pwfDmiarK*, that requir• hom• ¥￿.. SY•ff rn￿￿￿1 R18kn are aB868e•d u￿rYd thè wne Tr￿tr￿)￿ thwity'• prknw rfik •••g•wn*i Rl$ 8cYrfrvJ e or higher are 08thil8 bekm. bJMr4 *LXJ)4a•J. mL¥t •J Page 14 HARBORNE AND SMEfHMCI( CHARrrABLE TRUST (A ¢4ynpany Ilmft•d by 9￿￿￿￿•1 TRUSTEES. REPOIU (corknu8 FOR TrIE YEAR ENOED ￿ JLME 2021 COM￿1• r•1 Managlng tho L*ority'8 0)mrNnal •nd ts rl8ks to rnsidants L8 8 c*albrvJlng wot4em. Comrnurwl I￿ge$ ad￿￿• #m$moU *•n¢* SP￿ ationfor lapjegrou ofp•opl•. Thiscoukl b& mitrJated Lry th8maxinum nurnber ofowjants butlhat*vuldthon require 8laff reBwr¢e8 to P)11￿ th• Spac￿ aTrJ er*ur• ￿￿n￿lIan￿¥A1h rtrwnJ88. TN8 stsff tirn• Is wuirod to koop e88enUal c￿mmUn￿ 8P8ce8 as the laundry greas. c>Midor8 wrtrance doAn arK1 disinfected ond w it has teen ￿¢￿698ry to ¢k￿£r￿m￿al loung?$ arKI kthns to r68idwts. AS inf•ction rntes charty V*ill need to p￿0t Itj 0F￿t￿l •KI that the Impoct of i8c49Yon from th& c*Jsuro of tr C4Jmmunal 6px*8 does Itart to •xc••J the of OFthThJ up Ilx>t• 9)•￿. Thi• t￿1 a vory thlknlt dgmert cdl on the p8rt ofthe dief ex￿ tru&eei. OUt￿de cl covir>19 PWNI￿n￿ Iho *lth tro 201V20 the M•k by unc¢rtainty and di*uOlon r￿j￿r9 from the Unll&J lfjr*Jom'8 •xh from the Europoon Unkm. This rffjk w ffr8t Identlfted on the 201PJ19 rf8k wlstsr. &￿*{￿#t￿"m0 ts IM￿01 Brwt has bxom• inoxtrfcal* linked to tha impxt of lh• pandemlc staff 8Wes 8UPFty have b￿ne a koy fèature of theworfd we ar• OFwatlrvJ In. rn081 hig1￿p[ofikn $fJaor eyrientyThJ 8t8ff 8horfa988 l¥ b3iStrs land th18 has had a SvJnffi￿nt lrnpao* on 8Lwty of parts for Syst￿ $uch a8 the V*Brden ¢011 or 11ft81 tho greatesl knpaL* of these st8ff Sh￿ tr the dwwrty is likety to be in hoalth eare secior th•￿ ¥• bats￿￿n 1￿,￿) ar*J 150,C(KJ unfillffl ¥Ka￿l￿B. It Lq th9t Ihi$ VAII Boon Iff￿ting th8 a￿Illy ofcare lo carn p•*e8 vthKth to 8n eXFecbOw ￿ the p8rt of the d)arity re$id9nts that we Vlill be able to stap in and tsl(h3e 9gp. Thg Btaff at thé chaty are nether 4(1eqLthty trained ￿8￿jr¢*I to arKI al *aff VAI naed to wovkle a cwrdlnat&J r88PWJ• ile slll to fnj artemakn* wov￿8 crf ddivary medHniwn5 ILV thal Care. It is tt￿0 Ilkdy that J8 care p8&ages hardwto delNwlhat more residwis ￿11 b8 distharpj frorn Ipjspital vth un$uit8b or inapprowate aff￿gements for hcffle WPF*Jt" stsff at fv ¢tharity wll rwd to a tightropp bewn balanang the and time avail*le ts an mvjert ofts reshjent ￿¥￿1&00ft 86 a whole and the Mks of r88kI￿rt iwry ￿ deatr. Page 15 HARBORNE AND SMETWIICK CHARITABLE TRLBT IA Gompany Ilmtt•d by gu•rnnt•e) TRUSTEES. REPORT (G(¥rfinu8dJ FOR THE YEAR ENDED 30 JUNE 2021 Refomu lo w•W8re SyBtwn a¥thnue to repre$￿t a wgnthcant Mk,. a nBk Ihat t4￿Me8 irKreasingly dnYLyJtt to manage 88 goveffrfn•nt 8trate¢ies Tryorlin9 h￿￿ng and best a6 fluky. Over the18st 5 y8W8 the clwty has contended *ith 5 dN•rènt ￿￿￿Ing ministers, 4 w8taries ofstate for Howlng commun￿&8 WM1 Local govorrffjent arvj 3 MIn￿terS ¢lwtys1o F#JSt ncyw aboli8had aThJ merged wllh DeFarbment for DigTtal. C￿re, Medm aThJ Sp)rt). This ¢￿stan0Y (￿1￿j laThJscape has re8uW In Ilue in thè *ey of ￿l￿t￿M plaMin& fjubjty has ￿èn ftjrther •xacerbatsd ty tro priority gfftn to tm COMD.19 panderTK and the dathjing cri￿5 has rdegated i88u86 th8t war•. until 2019, IrryLvlont to the b8ck ￿mIr. In a(kJrfcn. at a level th& 8ituthn is lusl a$ opaquè *lth SJc41 aLttK4lbe8 pllot¥ig ydectsth* defir￿ and expand th• swof8UPF#Yt¢d exgw accOmmoda￿n alcYgBiJtr prole¢t8 de6Ianed to reduee IM c£¢t of fv)u%ng 8nd remove that 8UPFthtsd exempt 8tAtU8. Futur• anning h88 tocorno dmost IrnFm￿b10 in this ￿￿1&xl asBeB8￿￿ thè *npoct of L*aTYJ6$ t￿￿e thanges 4r& rwty detailed, 80me from frults'cffj subject to toc4Mne8 Vme con8umlng and 1n8ffoCt￿. In thi¥ ￿mr￿Ment the thnty ean Lxrtir￿8 to lrnpaLt of prc4ectsd %wrnt- ca8e 8¢en8rf08', 8ven rf the rappiry of Hw$ing Beneft to Ictsl HcoJ8ww Alry+Var￿ rate$ hab be8n 8¢r¥ppod * must assume A x*ome ￿th o wmilar pthY818•thr*3 lo Ihe 8tste IB for ￿ luture. Th• charity think8 to contiNe to fore¢8$18 £2CI).C(Q rath￿0n in ￿SIr$ benefft Incom8 in the WKI to malnt8kn • of£2W,IM)to ony tranlthrn 4.7 Cad• Gf gov•rn•n Tho ch•lty u8•8 ts Notlonal Fedwalth'8 Cod8 frf Qthwn•r￿. Thfr dwity a￿0 mo98um h• The ¢harfty Is regintw•d wlth the Fundra￿1￿￿ W•4w, the dwity ¢*d not und•rt8k• ory fijndraisiig advlU•s fft 20W21 eilher or thr￿￿ a P party orgoniMtth. Tho d)aity dk4 not employ jny pro1088ional fiJndr818ers ¥n¢J ￿ chorlty has nfA rtc*l¥•d ary c￿p1a￿ts about rts fiJndrai8ing acbwt•. In Ihkq oyJnt•xt the has rKrt no￿•d to tskg arty alalcn to vulnwatle pecple hthwver Bhodd fundr8blng b￿0m? 8 fvlty I) the firtU￿ th6 dwrity *dl ansur• li haa rcbust mth)d8 fc¢ prot*ln9 Vulnoffj￿ pwl• withkn o)ntsxtoffuF*** 48 Ini•rn•l control Tr* Tru81ee& hav• overnl r•8w*Ity for the d*ity'8 vJntrd and th FlnatK• arKI Audlt Cunmittee revth¥ th• •*tiv•n88B oltheue 3yStem8 amualty tlwough tha rtsrlty'8 finance and oudlt cthnmkne. Th• ¢hgrtVs Internal sy8twns dewknd n th? financi￿ r(*8 oThJ reguL4tion8 and ryjnslst ot. A d￿rIY defined wfilth ddfr3*es &Atr￿ty, •rK1 •yxxwthilty for flnfjn( •aNity itKlu*Jlro rnspmsibilty fty Intwr*l ¢(rt￿. A dw and effth preA*88 tr budg•try rewlirvj. MKlgets aggMt them, 8r• monltortsa through t•th the finance and wjt CA)rnrnthe tho luN iwd oflruste•'8 mwty8. e4b7)•nt ￿al￿a￿on c498r performirt* bertharks aThJ Indicatw. ReguL8r ￿k wew procx888 that detaH the we8 of rlBk a￿1 the 81ythe thgrty aThJ tru8lws h t•kgn to mrfgoie th08e ri8k8. The thorty'8 app￿rrt￿ intsm81 •Jc4lorHak*sWatb asFecfs ofthe d￿r￿s{nI¥M41 I￿rrtY0188nnu8l1Y. Hcwever, COVID-19 pandemic the Auditors frorn attwK1ing ￿ charty'8 k¥￿￿18&8 aB tsy nomalty In March tt Aprtl. Tha tharty ha8 Mjwked v**h Halnos Watts ts) refinp atyjrt briefB for r•mots nspection and antiapat¢$ eX￿1￿￿j kry ￿n￿l¥al t￿. IT systems arMJ kn￿StMerrt m8nagwnent before the end olthe C4￿1￿r yw. Page 16 HARBORNE AND SIAErbr•iicK cHARrrABLETRI￿T (A company Ilmlthd by guarnnt8e} TRU8TEE8' REPORT (G(rtnuerfJ FOR THE YEAR ENDED 30 ￿l￿E 2021 4.9 Publk B•n•fft The tru8t•es of t￿* ￿¥t￿ Ch•rita148 Tn*t erALre• that dl dec1s1o￿ w• m&J8 in acCorda￿with the ch8rW8 pufpoBe. for benefrt{wih lh8 exCepY￿ of Inthidual grnntapproval81. tske into cons*Jerati¢n Ihe CW Ccthmtss￿n'5 gLu*j￿Cts ¢)n wbh'c benef* wd we in artsxdarNx wtth th• Chonty ccmmi6¥￿'$ general fram•Aryk lor trusts8 dx1sM￿ rnakw￿. d)ar4ty Mak￿ tJed$irffj8 Inww that ii&ksu hwm to thed)8rlty (ts t*ntharles o)rolstenl wlth th8 pur￿Se olthed)arttyand IDwwurothrt •JtsK*oftha in¢knvoJud ry•)t programmè, no F4r80nal benefft 18 mrje than ThB OtP4i¢)u• frxwtic￿ the ¢*AW8 kKYvhX•l prtprrq•nm• of£23.gNl*thlth rAtrlded rdldb) In p￿ty LYiSiS in th•aw8nt p￿"Sh OIHart￿￿. D￿11Th mad8bytr* trustee8Tegarding th8 ir*Jividual grant programme ar6 8ti11 c*N'8t•rt wllh the charty's pw• but ￿tisfy the 'benthf a5P8¢t of Ihe putASc b￿offt rewtr•mort a• ¢JotsllfAI in Clwity C¢Mnni88ion 9￿08r￿. O. A¢hl•¥•m•nt• P•rfonT 6.1 Alm•hou•M P•rfonn 1118 not an under8t8tement tO8aythal 2W21 has bwn the M0￿challengIng yaor ￿ fecud fc)m￿ CIo8lng ell crAnmun81 IcthJ88 and kltchvrn to r•8itsrt•.' Suspgnding 811 grant makjng adMty'. Rode￿0Y1n9 the kl'vity Cc*)rfdn*u, Grants Olf￿￿, AdM￿￿trave￿ Otsr, SUFWI Offlw Into o rw rgsi¢Jenl 6upM team to W0￿de mtensN8 rB6i¢knt fr￿e￿ 8ert*8.' CAlling ￿1 re8idenls on a dallrf t491•lo wf4ur• thry h￿1 8(xlal crxrt•Xd￿lng natAThl Ic#* aTrJ penod8 cf roth(clkx$' kn8ng'ThJ forthe dehv*y C*f or c*Jle¢t•J aTrJ de&¥erfjd ljr ahns1m￿se ffj8Klents,' Enwjring thgt resldwts h•J ￿C￿st0 fc¥)d parc*(8 ar￿ (x)MF4•t￿ strKppirvJ trips tr rwljents who *tre vuln￿atIe but nol pwt ofth? sh￿Ir￿￿ group.. ImF4ementing a new dwityj retym• tlwl en8umJ dl ha￿11*14 *)d mnmuno11ourth or•oB ware di8lnfected and dewRd ￿*th ar￿￿1r£I agerrt¥ 8t 1986t tsM¢e o doy and that cornmon wlntj Auth 88 dwrenty pwW8 ¢*Jor horthswYr• cknedwilh aF￿￿ra1 agerrts. o￿nI more freq￿tty., Gl¥ing the charty'8 deaner a nvw Tots ihat c£(rffi￿ tCUL* prArrt8 ¢￿ane￿ over th• Closlng t1￿ L*wty'8 tr) t1￿ rnwk'rvJ ￿J1 l*trmetw z(Th• •T￿nd th• (emalnlng 68sertk81 work8tsbon8 a6knNJ all otrer ataff to wcrfk from kane. Concdllng dl Intern￿ ￿kS atthough stat￿ory. $8fety ￿ •xteml *rrk• O￿lnU&1'. ¥wJ Adao'ng void Wo￿68¢810 en8urelhat orty on• o)ntr¥thrwa8 kn a vc4d Ilatal time and thgt8PW$ adewty vfjntrfalwj oTrJ cknan&J ith and 811erMI*8 •xI vlwAlng8. mea8urg8 c4y4iMty h•J on impa(* cn Il* c*arity8 ty to day op•rthons and Irnp8c*ed ry asp&a ofthe than￿8 pwfomanc*. Vcid b.rnes have lThY￿ed from 20 days in 201912010 22 (Ws in 2020r21 aNJ thwe have been 7 vold prc¢*rb"es. 8 rth¥ resid￿ts have teen 8dm(rt•d to thg charity'8 8c*emes. IAtrile th18 Ferfcfflan￿ a litue shy ofU￿ ¢hanty's intwnal target of 21 d8yS the trustws it I ￿pr￿¥￿e con8kjen.ng the re•tr1th￿ p￿1 m(V¥Yd IM•* Pwt otllp year. P48 17 {A compary Ilmlknd by yrants•) TRU8TEES' REPORT ((xMbnu8d) FOR THE YEAR ENDED 30 JUNE 2tr21 In 2￿1 ch¥rty has hij) ¢w* r#xolrvJ tr 112 L￿aT￿. Ttte ¢h8rity'8 tr•a8ury mAnw8nt ha8 remawKd rolxrnt when ttrfnpareAI to peer group, best In da8B. For the Iirth yeor in a Th n6w arrears have be￿ 0.0% Nffrort tenwrt arears hgve r•Juced to 0.37% Ofannu￿ chargas.. b)th Within th? trustws tw of 2.S%. V¢id L0$888 bad dates remained Irm at 0.34%. While tixs IJ a mw9•W (x) Lg8t ythrn of 0.32% bt IB 8011 conskjwabty ah8ad of the tr￿8t¢85 t8rg8t 014%. th• pondemr r•thK•J ERF and CMF wt*rk8 that rg)uld bo undertaken the th8rty •UII mAnapJ to 8P•KI WJ,797 thts 202￿21. M4Dr ￿rkS of rtr indude.. F￿￿ear frxed maln$ •*ctrl¢al te$1hig #ny a8&*Y8t•J rnc*fukn at all Ext•rnal ¢J*xrnbng at HwbJTh H￿j￿. Flrs Clc4• and Dore HouBe. Repalrfng and pwirfTrJ railko ￿ fenc•s * H&rt*Yré H￿•. cl￿nIng cfjrF•ts and In ujmmthal 8F¢ces at HArbJma ar￿ Flrs Clow they ￿ r￿¢ In u8e. Replacknj and rofuthhlro tth OynM￿￿l bolfrf<#m al Fks Ctr)80 ¥h4be n¢X In u00. Rernovlng dd 8h** frorn tho fmal 10 donTKr 91 Ftrs Cloa• that rsad ryjl refiJrb*hed aThY r•F44¢ry rt wllh a ILry lastirKJ UFVC 8*8mativ•. Strfpplng and r•dacor8tir8 the t￿rtyard firg at HwbJm8 Cwei. Renew￿9 all gutl•ring at Cottw. Poliqrdkng tr••8 in tho wdern at L8r.ksfield. Th& cf•rty'i COVlt>19eontrol8 Onty 10 rnsiJert• (9.WA ofts roIhJ￿t populgJonl had a confimed ca¥• ol COV1[￿19 r•8utsy in 615.5%) twrtolisatign$ 2 deth$11.8% of reBiderrtbl. It 16 8180 worlh notirg that 811 ofthe rewdefts tthen 111 wlth COVltk19 contr8d•J lha vinJ8 from ¢xrt8itJe of th• arNy'BschBmes15W• c¢ntr•Xed COVltk19tl*oL4h tslrftm1￿￿ support tyJbtAes %th11850% contractsa the vlruswhik• in ho8FJtsD. Thethty has not h9d a 8inglo case oforward tran$mlw￿ d8swte thalknngirvj ￿T￿mstanCeS as whjents dl8charg8d from to the ctkgW• thrnes Ithiki COVID.19 POBTtN d r￿mn9 (￿lpleX pothagesthat ut11￿ ohw•J *4ii88 8uth ai IwrKtri￿. Imile ti18 deeply up9thTrJ trwt 8rry ol th? c*8rity'8 had Io BIMIT￿ to tr¥¥ droad￿l Mrus an8(>Jotal lenco tolls ￿ Ihal the ¢*orty'8 fatslty rate L8 lcrw than othor c£ffjP3r•b￿ orggnl8gtioni. Naturally tholWN8 olall rfthe •WwKI aff&*ed f•nlle•. Ihfftde redeployed the tharrty coMrk19 188m r￿Mpl￿j an eslmatsd 12,ffQ *rylI￿n0 c81 tE* re8kJgrt8 that trwvo, Ki sytyidwj a le￿dents only Intwgdx)n during the rwtional k)ck drhvnB an otsnoled ebsortial 8hopFthg tr¢*. 5.2 Ch•r11￿1• Athlty P•rf¢rm In 2020r21 the (*arrty Mmm5tted £119.￿ to 2,318 b8nefdth. ty3,rxn gT•nts rnadè V+*re to oryanrdaborffj 8F4it acmsB four p￿￿1￿¢8., £14,185 wa8 8yint 012 grants SLwporUThJ detl and monvy rnwiagThrt Be￿ts,. £10,924 was SFont on a 81ngle fft su¢wtin9 and ￿)(￿hCld 9)>a¥ di5triLnffjon 3￿CeS,. £10,894 was spent M 2 grarts syortJ"ThJ proViSK￿ for 1&24 year NEET (Not In Educati¢)n. EM￿0Yrn￿rt or Tr•knJl prOvLw￿ or pro¥lgb)n lorthoso al r*k of tJeconwThA NEET. PwJe 18 HARBORNE AND SIIJEfHMCK CHARrrABLE TRUST (A ¢(￿P•￿T Ilmlknd by g￿Nni¢•I TRU8TEES' REPORT {LYxthuad) FOR THE YEAR ENDED 30 JUNe 2021 £T3.￿ w88 SFént tho KK1p•*J￿1 wartrW￿rnO.. £10,948 8UPFQrted 1CQ t*nefidane8 of vi BIrm#)￿Wm. aThY Total grydnt ￿n￿n9 has iru8a8ed ffl8Tgln8ly ovw the 2019r20 figurn of É117,kYJ8. fyarrt maklng nuod to be harnthTrJ ty the eff•#s of the parKl8m* 8r*J thi$ rgJLKIkn In grant fuThlwYd th r•flthe of. I￿0 org￿l68b0￿0 in 8 ¢￿tr"0n to submit 8PF4iCal￿ wen thg18181l at homo ¢Ydtrs In lorce for 6 months ol thi$ fina￿81 year any mary orga￿8811￿ lorcod to c*48,' tha inabilty of the (>ant Offic*r to saldy homé ¥?61ts ha8 to the dwrTty wtstraLrlng a lthlfviduol grant e4J to holp fflwlh• fr8t*J making to ¥bJi*hju￿a whose ￿d& e4nrtrJt be veffflwj.. Th pand￿￿ ha8 ImF•(*r•J al 12 of thi& fir￿nti#l year 4• oppc4•d to lust 5 month• of 'ng fina￿%81 y••r. Th• chorty'B fpur Wt *w•'. C•p• Cornmunlty C•M tkny C•ntr• {¢CaK) The centre day.tw cathtrb858d Sérvi￿ (fr* rneg1¥ thdr lundwon ￿￿, 8fts and g8nle exerdBel elderfy 8TrJ wlnwable. Thty 8180 ky0￿d• m8aL8 cn vtheels for tho8•vtho ore h0￿ebOUr￿l. Tr certh IB open 3 day8 a **•k a￿1 rt 8nww that F¢L¥lo lus isclated and ran ary prctlomw188ue8 bkny may h8¥e. The* 8erfvicè u8er8 irdo*ndenl and m￿fj ￿￿r*￿en1 gnd Gan wdal&Te. Th6y repyl tmt d8ffl<kq•frxu￿￿ aff￿t 070% ofth8* clents. CCCDC a￿ed a grant to ¥rno Ccthnator rd• rwiibkn tty 41 of t￿ trolrlrvJ, HR and mostoflhe admlnl8tra1ion ofth• day ¢w• 8•Tric88. She •l&o (knl¢¥s tho to megt the n¢e(18 oftho ugrf8. They wkly slnthro cIac*ivib￿to knclude (nfts, gonU• •xwd8e. c(K4(wJ meaL8 lor thro8 ty8yth￿k. t*fri￿d 814)Ftsl and slKJppintywescrfpb'on ￿41￿1￿)n. Ajso, tr*y dellv qu8rt¢rty Boaal ¢yJiing6, lo atlmulg1• Mort￿ wr11￿￿0 (a0d￿￿[n9 d8m•ntial, and h•lp 18d(le sc¢io1 18c4alon. In addition, they f8cllrtate oiiwent6' $UFforL on kni'rg ho0￿￿1 to a str￿9 wppKJrt nelwth, and 8lwpo8th.ro to heatth w¥ic•8 10 8volJ tomi is8￿. W. a montlty Pdmary care r¥1￿ 18 availaNo wfth COMrn￿￿ty Nurno6, b) o*k t)ky>J premwe, Diab•t•8, m•rf1L¥ti￿ rA*ck8 ar r•f•rTa18. Ittt P•1 ofth• rw8teAI grant Is (Dr u￿kIllI￿j 8 D￿￿￿ne￿ Man•aw tomanag• and tsjld On￿lsting s￿5￿#18 Ihgt ojrenty rm fv. seqk new emerr•'ng rJ)mmunty 8tr8am8 the c•ntr•. The rde wll irKI￿a8 ￿rne of lh8 *1m1ThBtr￿loft dths, rn1ov•nt HR a88oxbJ r•for￿￿8. and chargo rat08 pwtslnlng to s•r¥Th> pr￿d￿l 6t.. 8Th1 lo wwre 8488b)ro w• communNy l&J. Styn• orth• fijnding 18 lor ￿ In(¥ea8gJ stroTrJfJ1wokn88￿nd rokn ol 8otrJrty arKI genwl mawrten8fK*, and also to fund a cArrtrts d•8ner as C•rrtr8 needs a of orKillary swrrt Th& Socurty aBFvato fiJnding wgs Pwt of thelr gr￿* Sn th• bast Ihrno ￿rn. so1￿ and Vlthrkn Frf•nd• •nd N•lgll)ow• cic (s￿aN> SVF&N S￿r#￿t utillw a commLwwty de¥eloFffiWrt approfy*, wth a good knohl&$39 gr#J und¥Btsnding cf Ihe needs of t￿1 (￿MMU1￿ty, ￿Ning to erwgJ in dwdoFlng their (wn grass rDJts netrths and mutu81 $UPF¢rL on a tradfocn n S8th¥ell ofdOs&kn*c￿rnunffO"￿. The CIC was Set up in 2011 to supwlthe okler resKlents s￿m￿S￿ck¥￿o rnay b8￿1ng isoLg1ion Ihe comrnunty IrKAu￿C￿. SVF&N are drawiThJ up F4an8 lo •xpaTrJ th8ir ser¥iceB to 6UPPQrt NEET8hi8k4- NEETswillinthe commLwyty. may b& olo)nsdet*onv*Tth rgJwtstoftlure lundiw 4)plication$ mgde to HPLC. P4e 19 HAR80RNE ANO ￿ET￿rI11¢￿ CHARITA￿ TRiJ8T IA Ilmttgd by gu•r•nts•l TRUSTEES. REPORT {c￿)nu•S1 FOR THE YEAR ENDED 30 2021 The focu8 of ￿&N past fi￿r ythrs ts8 to th8 55s. They want to Use the ofts ￿ent to hjnd ￿ ¢knga¢h Wther Ix yoar thy wll c4Jntinuo to 8WIFQrt older 8•Nb useT8 resident In the An0￿¢ Parfsh though a range of swethining, as 8af8ty in the I￿￿￿, savlrtrj mtmey, redudng Isolation. hearth and 4wM-beiThJ. eMF*YApm￿ a￿, nBNs 8ThJ r8lerral¥ to olher ¢)rgth88ion8. Some of t￿ grant wil bo to co4v ￿nIng cthts and s￿￿oN￿r￿￿ a The Outre•Ji W)rkw. lundwj ty HPLC. succas8fi* pilLtsJ to'hdp pecyla to supp)rt thwn8efve•' through tho wiJ¥A'Ju8t The Co¥rf. hub as a re80urca trK e4jrnmu￿ frem more wlated pecplè can b& and able tr* 8cc468 Through thl tsutre￿h IMY rfr•*d fflor• i8ol*d obJ8r FwF4e dc4W to ￿￿rfj M fvo. Tho aFPro￿h usod hai prnvKJusty b8en 8UC(m8fv1. thus 4¢m￿tra￿rg perfom)anc* tra￿ I￿￿[d. Thvrf kYevDusty id&ntifi•d Parti￿￿￿r hut* where re8trje￿ Iwe portvJ4r ideas they want to d8velro, stLh 8B the Rtygnt Street'one 6tOP 6hcp' u81ng the l¢cal Bapty$t thurth Pfem*•8 88 o ba8e from t•*hirJ) 1801at8d pecplt can xce •ervTh#, parti￿18ty allMng Fttpla In rvw h(wiThJ In ts wea rthv4uikl 08t*eB, currerty cArt off Irom (aal￿•$ 8nd local nets￿rks. lo be •(whtsl, Ind *18h to dwdop the￿ fvrlher. W••t 8nwth*lck Ent•vpi*• F•rnlly C•ntrn IW8EFC) WSEFC 18 8 chty b8wJ In Srneth*ic* w88 eJtat4*hod In 1984 to wrve tho ¢crfnrNnNy, wlth partthar refwenc4 to the ov•r5& and rTh8th¢xA thil¢hn12-Syearsl. Tlw 6) tho*rJrk on behaw ofvlut Smethwlck M•thc4Jist Chur<* a¥ms vdu88 of Tho ¢hgrlty ftrjr wliNn SmetlMth, offering freo and Affordabl• thlldcwe to tr￿56 in Sgnthwl. WSEFC hgw (kknred a 8U¢￿s￿l F8mity Supp)rt ovw ts Lqsl yw8. •UPFth"ng famlll68 with 8 rang& of Short and bng te dfficufa'os. 8u¢h ￿ hw5ing is6￿, ￿ne[ts, fine￿81 d￿￿￿11'e8 par•nts'ng SUFP)rt as ￿11 os worklrwJ do8ety wlth other In parlKaJlw SeNc88, 8(h¢kn, h•aNh ￿, EArty Y•¥rs and ChSklron Centr•s. A8 8 of rthanges to un￿￿$87 cr￿1( adthl¢tyd b8n•fft c4p8. On￿0￿ flnanckgl dÈftbJth'e•. lot of Iheir p8rJcular fcu8 Q4•r Iho I￿￿nt year8 ha$ ￿ WO￿*¥j v•ith lacAng fina￿#1 hgrd¥hlp. WSEFC have 8 Famity Suppjrt servi￿ OFw4llng from ts ce*r4 ofon8 Famity Support W￿kar three Chlld Development Thdr fiJTrJ'rvJ is Supp)rt ￿kor$, WIMde v8lu*>l• lo kx81 f¥mllw on debt vwarene88 man•g•mwrt ttwough ard or*wtwn• suppJr( relevant r*ded the imF4em8rknl*)n ol Unlvw8al CreAit •y068 boruugh. These seNc4 uws will bB id*)tined 1hrwgh WSEFC'S vwn wo-sth¢>)18 vAthin Smetrthlr* and Ihqr own intemal f•nity SUFPOrt r•f•rro1$. IhEEFC has IWJ 8lmllar furMlirwJ befu￿, and as a result pr•¥b)￿ ee￿ce u8ers hav¢ been abkn to mak• Irfflg 8￿trInable rthge$ w8rd$ to thglr financAI pablty inevitabty h•$ thelr qualty ol I'te. Th8 th*ider￿e 8hu*7 ttlis h08 had 8 FO8rt ImF*Gt on the 18mMy 8fKI ￿ tum wnpgcts the vhKJIB ￿n¥1)unIty. ￿1r untrrnpwd service uller8 find tw ￿ focus C￿ lob Iwthng are rBa¢* lo Siwt t•Krfking awn, grooyy bDnoffting th& famlty, tho communty as a whokn. arKI greaty 8ltrlatirrfJ lcd aThJ re8our￿. HARBORNEAhD PAIErTrrMcK CHARIT￿LE TRUST IA company 1Smttod by guOT•nts•) TRU8TEE8' REPORT f¢ontinu80) FOR THE YEAR ENDU) 30 ￿lNE 2021 Br￿1￿trok•S Communlty Prol¢¢t BnJ8h8troke8 ofkr supportto th& mc*t resh*rts of&ndli*rt ty frAxI. ￿81￿, 8 bthending seNice. aThJ a(fv1(t on area8 such as emthmw)( h￿ing, d$rf and thJrne8tic abw. Tl distrib￿• fotsl, h￿eh￿d item8. and dcthps lo the vvlnerobk*, p￿￿Ul￿lY those are d8Bthts and hom8k%8, a8ylwn 8eekw8 and r*wromers with recc*Jrne lo PUL1￿ funds. Th¥e18 still high demand for Icx)d @nd 0th8r itwn8,' ttw ctte the 8tati&lic that hcffle to over of th• infiux to lrnmlgrarrt communities a8 8 drtvlng f8dor tha massN8 ri88 in ￿ dernaTrJ fvr Imir 8WVtes. BrushstrfA•a 81$0 conts'nug to dWi¥er ts￿r fy￿¢e for the prev8nl*)n of inf•tt mortalty for Santh¥￿1 8TrJ &'rrnin•)am CCG. but tl a le38er extènt 88 the lundlrYJ Ths rè linked to basic baty P8cks th&y wovido to ne* mothers to bg, ￿re 8et UPWTth tho hdp (* N181tcn. wrfl thrO￿hr¥rtthe wovbJ$ ywtt hAv8 halpod D￿r &J with b* equlpwonL 88 a Te8ult ol marty benefft doknants 8WitchiTrJ to UniveA&l Crert and r￿1bth to mory that ware oTh)) 8totutory trLrt 8rg ye, haNY wen 8 Mas￿ l•evwd.fvJld) In dom•nd thdr •ervk•B. To ￿.3 8nd. thoy have cthn tarpts to 1,235 seThir7J users to t• vhth thli 8UPPgrt The greater part ol Ihe grant Fdy frA the Rts)urc* A88istsnt in FQ8t. rcAe IB lo recei Iha do￿len8 and d18trfbute1￿n bthos• in In addrtion. thisye8Y8 funding wlll gotoward$ conJnu8d 8UPP(vt d 8 R¢s￿r¢0 C(￿Ordin￿Or {lunded In 2018 ty Big Lottery). olong$lde th8 R880wca A88l*ant. Th• 8m•ll rwnalTrJ•r be pry il* FhRESHPRE sub8ulpOon. vthK ensur•8 Ihat they 981 the regular d•fv•ry of fr•th foc¥J Ix ￿ fc•xI ienk. Thoy havo ju81 devol0￿d Cunrnunity Café u81ng dC￿*d Iuod from 8Lporniwkets rd at itB ,u*tyI￿ty' dat•, ￿dIng ID￿1 peoF4e a (#*8tylrne nUti1b￿J1 rrod, 410 to •odal Iwlallon. and acce•8 to 8ig)pc4ting 8eMc•8. four 18rge8t grwts ky £51.823 (43%) f¥•rrt Wind 1,gJg185%101 tt flriari08 r8acI)ed. Page 21 HAR80RNE AND SMETHMCK CHARITA￿ TRUST IA C(*n￿nY Ilmlt•d by guarwntso) TRUSTEES. REPORT (¢Y>thued) FOR THE YEAR ENDED 30 ￿NE 2021 6. Plrnnttlal Rwl•w .1 Flnand•l Po•ltlon Ffjn•r￿ InW•l￿t IrYJ)r £124,791 É162N £889,937 £47,617 Oth•r £1,4S3,0 £1,278,718 ea1•n￿ 8h••t Y•kn ¢1•¥￿* (IM• b•krtT Ir¥J Prowrt r#J, & fftOn9• Inwtyi*it818tock• and •h•••) 3.826,091 624M19 Tj8￿16 Inwthnl pwop•rtA• 10211 20.4DZ.312 Cumt ILqbllth• 1.018217 Cr•L*in (due mornthan OM >wl ie6.310) 21184.219 HARBORNE AND SAIEfHY•lCK CHARITA￿ TRLtsT IA ¢ornpany Ilmltod by guarwth•l TRUSTEES. REPORT (c>￿Trn￿ FOR THE YEAR ENDED 30 JUNE 2021 6.2 CommDnt•ry on Iho A¢¢ounts Despite an increAliily financ£8 have remair￿ rprnarkabiy tKsskn"ve. Totsl has reM￿n&j 8t8t4e in wl twm$ at £1,453,078 la G 1.5% iW88s8 ovorthe2019f20 fvjwe of£1,431,30n arwwal expendlbjre has r￿JU￿ 6￿ghtty to £1,278,718. Th8 ch8ritys housing team have On￿ agan twnBd Wb ￿ ¢Xtsta￿ FerfCfflla￿ In thè f8c• of adv•rsty. Inccrfne hag eX¢8wJed b￿3et by £43,265 vrtwle eyndthre wa8 £54,220 1gs8 thgn bLtrJW. Thrtsughtsut 2020r21 COV1[￿1$ 8afety I￿tri￿On8 prv4ent&d t1￿ te￿ from Unde￿r0 fflary moro ¢ompr•tronsivo or Intemal irry)rrNemènt8 to our h1X￿n9 this for muo* ofthfr rtduc•l eX￿￿￿rtUra. ￿lIe gov•mm•nt p8rvJemic civtroL8 have increas•J th• for Ilats to 35 day8 vold and orrvar mangggment ¢xffitinues to bo cl886 *adiNJ ranklTrJ 1¥ in gw pw syoup rl 14 similor hLwlng 86WAation8 tr18 yw. Thls •olhJ r•K4t ha8 ￿lu1•y a ot*)le lIn￿￿￿￿ pl*t￿M al cllm thwitls thli y•ar. Tho tharlty'6 flnano81 Inve8knents habyt pWr￿m&￿ th*ll slob&l disruption thlth ￿ irwm Inel of fe881 of £94,586. While th8 is Mty 87% of * r4 4 ￿m￿rat￿ety strMg [￿forMar￿ gN the global economic OyrEum6tsr￿. 1118 nth'ng thai for 12-mr*th •nding 3) Jun& 2021 th0 (*arty's ha6 generated a gro83 ￿rt￿rnar￿ 0118.8%. w•tt abch* thè benchmark fiwr• 0115.2%. Inde•J, ovw di time trame8 •xc•pting 6 rnorths thè diwty'8 Imsbm•nts ha￿ ex¢xeded benthmgrk rftyman¢* kn bcth gr018 •nd net tm. Prop•rty invgstmwts hove aL80 ￿erf￿rned *ith a net Inc¢Thi of £278,￿9 or 93% of th• figure. This perfcman¢x ha8 been xhkwed d•spit• Thjmber of r•nt rehf rtyuests mg(li ty tho L*8rity ten8nt8 and grantsa In 8UPF*Yt ofthe Truste￿ ID tx •'gDod 8tewwd dthe P•*b 6tr*rf. St•ft and cul• h8¥e rernaThAI ￿ itak exc¢pl*ii addiional Cov1&19 rèLqted expendituro i( PPE. ￿ner9eft￿ IT equlpm•nl ¢JeAn*ig rn&wial• 01 £13.282 In Ihis finaniaal yw I £30,1f2 ovw th• lilg 01 the p8ThJwntl. 6.3 R•••r¥ 11 is th• chanty'8 ￿liCY to hold e month8. •XFmllum1£639,359} and 12 month*, Maintw￿n¢O 0x￿d￿rel£221,8￿ in re•w¥e In Ih• forrn olc88h. A801 Xl JU￿2￿20 chadty WOB holding£1.880,2S6 In cath and fj total of£7.018,274 In •llhw cA•h tt•aly hryld•t•d Tho hdds £221,￿ oftN$ ￿¥h and ￿21.￿ oltrth• Iqiidatod hvelbmwts a• a dw*n8t&J plonned rn￿ntenar￿ luThJ. hile c*arity'8 fe8eNe8 and F4ann•J MaInlen￿¢t fiJnth th cals for £881.18S of cash •)d furthor U21.Kfj of easly Ilquldat&J investrnents tho tru8kn•J Ihlnk it ryud8nt to hokj mcf? in antiopgtson rf not onty ary Wwrtb81 ¢J)sts 888ttiated with the m8Jof risks eArt￿r in this rewt Iylndpalty w•ifar• refDWrn and likety to cost £2CQ.cwI txrt d80 Ihe hith of refvrbithing 8cme of the charity'3 old 1118 alBowcrth noting thattho healthy TEBerv8 ￿ Of￿ ¢W h89 enfa)Ip4J itio bettw rxJp•wth th• COMO. 19 pandemic has had both ￿ lThJknct 1rnp￿t throwJh matfjrKql arK11gbour ojsts as well as ¥ dlrfLt imp8d through red￿￿ IrLxJrne and o￿ThIN1T8 as PPE. In Ilght of f&*C￿ th8 ¢*)8s rKrt oxc•s8rn. Page 23 HARBORNE AW S￿ETH￿K CHARITA￿ TRLtsT {A ¢ornp•ny Ilmlt•d try gu•rants•) TRUSTEES, REPORT (contsiJl￿dJ FOR THE YEAR ENDED 30 JUNE 2 6.4 Inv••tmwts The finandol Investmarts hm ptsI￿d *Yll giwl the gww8ting ￿ Inccm8 01 £124,791 belore o)sts Inccrfne ol £ff2.516. Tr totA of the investynent Frfxtrolo had Increas&1 10 £5,734018 21J21 frcffl £5.225.420 in kn• 2020. As of tho 30 jur￿ 2021 ￿ [￿kn) was invested In.. UKE¢wty Over8w Ewty 38.6% 11.5% 10.9% 15% C8 UK Pmperty Ihe finn thè lo11ry4lng oblaL*p4W.' The ueaycffj ofa wffldwrt fln￿all1 rkn tro C￿rIty to cwry out o118dh*y Intem￿on. The rnaintenance athan(￿ent clllw inv￿m￿lt o¥w th8 long term. To otlaTri a rwonatA• balavj c4ptsl grr￿￿h iTr>yne •0 that th8 Chirlty can moot ftrtur• 88 a& cuTr¢frt needs. To malntaln • rned1￿ AS oftho 30 Jwe J)21 the pcthio tt88 wrform*l well agaln8t b￿l*m￿k 3 mrth (5.5% agaln8t t4n¢hmarf( Igur• 014.9%18nnuoliwd over 3 ye8rB18.1% 8Wrot a blnthmwk flgurn of 6.1%10nd 5 yw8 19.5% ag•ln8t a b8rKhmwk flgure d 7.7%). the fiJTrJ has gewatgd an annuall6•d r•lurn of 9.8% 8g91￿t a b￿L*M4rK flw• ofO.l% and 8 of223.8% *nut a t￿￿mOrk of 198.9%. The TN$ta•s' polcy 16 in mlx ol real a••* le. gquw, ft)ff#))Il•• rn•thngi ty th• fvll t¢)¥d on a qu8rt•ty basis. Fl Inanoal rule$ and regulatiLm. I￿r r•ttwns cfi IrNeslmgrt we b8ncfvnark•d 80 *A* can b8 cortain t our8tttk8 ard 8har•$ we opprowlate 4r￿ FerfomiiThJ EX[￿ agwn6t txmlgotforall charty18 chrthj monthty by tr* S•nior ManBgwn•tt Te￿. 8UTe a heaRly oflrwm arKI kygtem uae Co alm8￿￿￿e1. und8rtxwlwd EmphJyMent8￿I S￿118 Plan. knyapF4iratson8 mode to the thrlty ara 8sseswl apr￿t priorrbes *)d orty apF4N2bc￿S that demonstrate ￿ abilty to and cl￿para the c4Jsts of ea(* intervwth a￿t the ol benefic>￿e6 suppNt•J the irnpKt Oth￿¥8d. (A ¢ompny Ilmthl trsT gUaMnts•) TRU8TEES' REPORT {cC￿nU FOR THE YEAR ENDED 30 JIJNE 2021 7.2 B•ncPwnarktng Ranklng Tha ch¥ty has compared its ¢*wlt*s thatfrym ￿ SPBM Benthm*￿￿j grwp has a ¢Xsmbln8Ion of rn8ndatory metrk3 from th8 R•3ul8￿f0r IRSHI and r)thef8 rnelricB Ih18 group to as8888 ts feLth• porftymance. The msuA8 of this ojmwi are detalled In th• tabkn bekv yearn cc¥npares to lasi and giving A Shyt ll8rr*'v& exF4an8bon of melrfc means aml pwINMar￿ is ¥th•t * is. Flnaty, tho charty i￿￿ed Is oltr* 14 SPBM n￿￿)￿5.. l￿d￿Nd￿th• 1711 Iwr•* Ur*l h•• Irt*w*J 40 14 17 90 *th*figurn¢ts nEllrK4Lth 111 (RSH 1011 iii r**rfYswratkY* Cuitiffj Wtrr• HARBCAiI4E AND SMEfHMCK CHARITABLE TRUST (A ¢omp•ny Ilmlt•d by guarnnt••) TrUSTEES' REpofff (rAthu8d) FOR THE YEAR ENDED 30 JUNE 2021 et I￿Nd ty th• 018H 1 iii 11 E9[T￿ MRI Iu • IR8H 1CO) 111 4r* (Tr8M2Q3) ngun SH ¥J41 Ir IRSH 4A9 HARBORNE AND 8MEfHWICK CHARITABLE TRUST IA Ilmltsd ty yr•its•l TRUSTE£8' REPORT [¢￿tinU&d) FOR THE YEAR ENDED 30 JUNE 2 •PBM R•r ulthrlor8od IR¢¢E) ¥.91% 41 (RSN 4011 11 111 £11$12 £10.146 12 11 8. Plrn forth• fiAur• ere 2Q20r21 I￿8 of hope thot p8thnk *il mwg•J overc evaryto* tryth8t 2021122 a rettwn to a mN• ncYm•l way 010￿ratIrw￿. UnlOI the Staff continue to ￿d0 th• wsorfal ¢Aeaninq. 8LxYal •s8•ntkil s￿86 that our ro8OO¢nts aThl b•neffloorles have fwnd to 688enUal. that lcd JJiéualiM IM slaff rAKI thB truste89 oflh6 charity m•ry Ily vrnh to athlm. Ch•rftabl• *ctMty The th8rity hoFV to Irmase the #mwrt c￿l￿￿tr￿j to ￿8ftt maknig to We-pan(knit by th8 2022r23 C4miryJ yesrn. The charrty Wslo re51wt ￿dividU￿ gr*tt in 2021rr2 ir¥balty in forn ofdow8tep thatwlll h8¥) us to b818Tr2 Ihe riuk¥ of fraud aWn5t the ii8k8 of COWt>19 infg*)ns 81ow L*e 1rust￿ to feel ccffik>rt*kn irxws*wJ ts irthidL41 lknl HARBORNE AND SMETfrfMCK cHARrrA￿ TR[￿T (A comp•ny Ilmlt•d by guarnnt••l TRUSTEES. REPORT (c¥wthu8d) FOR THE YEAR ENDED 30 ￿lNE 2021 AlM•1M￿* Ttr￿ alrnho￿a impK¢Mmert prOg￿rne t¥202LW2118 •xpwl•d lotold £179,￿ and In(*JY•&' Hathrr* Hme Relurbthmert ol tho w pwk: RO4ang darnaged ceillng b'l Planed repairn and M•nten0r￿ to Fir• OLW sky￿ *)d Fknng r￿1￿(￿8 to 01 ground ffoor ￿oF￿. Upgrading the CCTV to indudg more ¢amw88 for téttor hKdher ￿ght¥￿(￿l camara8,' ar R•p)irrting WKI mwr*•nwK*fr)tho r•np actM8 cw RwlntirvJ ti188 hip •ThJ8 on th8 r￿ts: Redec4r8OThJ th• 1oixhSy rc¢ffis $tyè Tr￿8.. bgck. OlwdlTrJ maKrt*rnn9 tho tr￿ 8n¥Jnd K**m8. R￿KIng th• hall c* Swey and rep8lr slon• *ryk," R&d8corating th• intsmal commwwl ¥AC￿,. •yJ *fjod•n rk￿dd Upjrading the 89tdiite Idthi18kn 8ysl8rn to awl Sky Q W*tsll*lNffj: and R￿￿lmIng oThJ h* layLXrt arfAmd 8c*th)•. Firn Ckxe Pc4rting, reFO¥8to tho crO￿rg. pclkqrdlng or artbryJ bac* tr•88 in tr* The er￿ oflate 2021 h•6 made rt dfflcuyl trth• renew118 gas wrthcts at rats•. Th? th8rity W• to rFnegoVate thow oJr#•ls in 2021r22. ￿￿6 Iyed that lh• r•wo1 wll gNg the th• opb'on to it8 by pW¢h9￿ ￿￿rOnl￿n￿IY fri8rwJy 'green' g8& al a L¥Jmpetfv¢ wc•. Th& 8180 hopes to begNI a gr￿ aLk1it of 81 $d￿Me6 werni8es not ¢Awrendy olKtrt81ty heated with a ￿•¥19 fiThJlng ￿e[￿Y effiC￿t ar¥J K￿nd ways of h8airg them vthen exi8tiTrJ oquipmort Btart8 to explre. HARBORNE AND 8MEfH4MCK CHAPJTABLE TRL￿T (A ¢omp•ry Ilmtt•d ty gu•r•nts•) TRU8TEeS' REPORT (eonbnu8dJ FOR THE YEAR ENDED 30 JUNE 2021 FIMnc• and Inv••tmwrt Man•wi The chwty ib 6WI ￿nc￿n•￿ rogardlrvJ the frag￿ty ofth• rtht COIN￿19 rKovery WMI the urKlerfying lrnpaL* ollhe ul¢s￿ltfrOffl the ELry*4n Urne￿. P4 a r•sdL the inwtmgrt 5tTatOW V+lll remain un¢kngod wlth 28% of the pcthio In￿$t¢¢ kn UK 3￿7% held In o4ukn"eB. Thè dwity ￿17 nue to exp￿￿ the oFthns presen￿ by alt•mgtive 8888ts to m•rrtaln inccfflo leveL8 In thls markoL Th8 charity ij tho InUe88*Y￿ t£rte￿ Ihe ImpA(* th&t inffaion aTrJ Jwugrrt highly Inlvmt rat•s cAJuld have the in¥¢81m￿l pKJrtlclio in thè CJJning yaw. The thatfjty Itlwough itB In¥￿tsment oker81 wll b8 c*refvlty moThtoriro Ihe 0f￿j ex4K*Ut•to bonds ond gullt8 in Ihis env7rorwn￿l to w$w• th• ¢honty IB negatWy Irnpodod. Th8 d)aty V*ll moratorthe kyoperty mArk•t faNrA*Abl• c4yKIl￿ns thwn8ehjtho arty may pur¢ha80 arth•r reside￿ wop•ty th8 8rrtk1p8￿ Inv88ting heavily In &yU￿ng hcwlng 8tc¢k as regUl8￿j ler4nci8s rwh 8Ut41*￿'s1 refurttshrn￿ts ore r•wThJ. Pla￿ refiJrb*hment8 the reThy4*Th ollK) prowb•8 n thè of Harbyno antKAp*d to ¢o•t •pproxirnaleiy £280,sfjo. Th• charty hope# lo fin6•h tho FKOC4•• (rf ty urthtyrq both Hwbome Srnthick Chartsbl Trust aTKI Hartome Pgrtth LaThl# Clwty with adee(l L*wit•d dY8¢ath th•lty cDrnmluk￿ Ma￿￿d futur• 8cwunts WKI subrriuw)ns ea$lw. Infommtlon Conwnunk•Jorn T•chnology {ICTI Durfng 2022 the tharity how$ to in81all B•rffi ar￿ dl.8it• back4418ystm at Holllnwrth Haum and Hart¢me Fl>J8e to glrw mom rdlaw vrt¥hing KJlthion8 and allw ts thwlty iw998• In 2019 th• dwrity a sthc? Ilo pft>gramm• on all ¥ith o>mwrt•r8 in u8e aw$$ tIK• ¢harlty off￿￿￿.. In 2022 the clwrty •nlldrAt•s c5xnm￿Cthg a re*Xm￿t &Yowamme that wll fflnally r•t*e •qulpfflent and better Integrate de8ktop, home *Dthing and mrt*il• cèmmunicalbnj oqulprn•rt Motle phcrn8 TIKI dwktiw Pc'swil be at ti*• Ym•. TIP tharity ant￿P•tO$ r•F4KAng and nlwntrxryr of reldent PC'J w¥olat4• at bcth Hal￿)0 Hou8• end Flrs d¢w wlth a target of at Iwt thr8e mad**s at 09th site. Th& ctr•rfty olw Intend￿ k) n￿m*th8 •yikn18 cm lite rep*c•fv wwifiplg ISDN a sin&48 unrf*d IP system that all¢yKo tr bott•r connethty al *•. Wo aloo hcpo thAt th18 will ggwate a 8ignifi(xni lik¢ lor bk• Mviry ¢￿trAdI. HARBOIINE AK) S￿ETH￿cK CHARITA&E TRUST IA comp•ry Ilmlt•d by gu•rnnts•) TRUSTEES. REPORT (6%￿￿￿1 FOR THE YEAR ENDED 3D JUNE W21 The TruBtee8 ar8 r68p)nslbL• ki pr8pariThJ the TnJBtees' Re￿y1 8nd Ihe f￿￿￿#al 8tatem•nts in xojrdance Ih 8Fplic8￿• l•* and Urited lQngdom S￿ards {Unit&J lQnQJC￿ Geroraly Nttept•d A¢￿Un￿￿3 Prthl. appl¢a￿e trj tharibé8 in ENJland & W8le8 ￿￿lre8 th8 Truth88 to y•par• final￿[ Biat￿eThts each finand81 Y￿ wlich gwe 8 true f*r view of tlk* $t*• d kn'rs of the clty and of bts irKomlng re8c￿r￿ applicabon d re8rMJrc￿, its IrK(Th exwthre. for that pert(xi In pf•p9 Ihe80 finarthl statern￿, the tr￿1¥88 we wu¥ed to... observe the meth)d6 and principkn ol the Charrtws SORP IFRS 1(r2): m*¢ Ilwjgn￿ts and ar￿1￿4￿j eslim•tss Ihot we reason￿kn arwj prud•nt'. •t*e whethw aptyic8t4• UK I1£￿ntir$ Standards {FRS 1021 have bmn fc11¢h￿￿, any d•p8rture th•clxed and expwned In Btatsm•tt8.' and pf￿ra th8 finar￿al on ttte bA818 Is iMFvoprfat• iv Fve•urn• that the charty ￿11 (￿￿nu8 li Tr* Tru8teeB &r• re6pthMlt4•for k￿PIr9 adequate T￿)rdSth81arn sullldentto shN 8xpldn the th8rfty'6 Iranucticns and wllh r•gwngble gcaw * ary tine th8 ￿an¢481 ￿11￿.(￿ of th¢ ¢harty en*40 them to grtyjre tlwt Ihe 8t8lem•rts cunpty *iih the Charile8 Act 2011, t Chaity {l£aJunts Repcrtts) RryuL•llorf6 2CQ8 arnl the F¥ow8bn8 of ts trL*t deDd. Th￿Y aro al•0 r•sponsible the 8BWs ol thè Cli¥lty hwK• tr ￿lYj r￿￿nOble •ty the pro￿tiOn 8rKI dthtion of fr**J and irwilenbe8. D￿clo•u￿ ol Infornlthn to •uthlor Each Of1￿ ar• tr￿t￿l •ttr*lkno th*TnMtses' Repryt b aPpr￿d c£rfrrnrAI th#L' So lara8 th¢ Tn#t*￿ ar• a4•w•. tw• Lq ￿ r•l8vart I￿11 Irrfrffiwkn of*h*lthth• pthknr 18 un8war•,' and The Twthes ha￿ tak*) 811 th• •ly that w to havo tsB￿ a• a Tru¥teè In order lo b Audiior Th? auditcf, MHA MrAantyrn trfvA80n, ￿￿¢￿ted thdr to L)ythu• In dfjr*. Tho Truglws will prokwe a motion rngFfKJlnYThJ the ￿1knr 818 m••OrvJ ofth8 Tr ApyLwed ty (Kdwcltho mwnbern ofth• 0fTnA￿ WKI thew b*•Yty".. D•vld Trust Date.. PwJ• 31 HARBORNE AND SMETHMCK CHARITABLE TRUST {A ¢ompany Ilmlt•d INDfPENDEpif AUDITOR'S REPORT TO THETRLrn OF HARBORNE AIKI 8MEfifthCK CHARITABLE TRUST Oplnlon W• PA¥• aud￿lthe￿na￿I8l stBt8mrtsol Ha￿￿r• Sm8tW Chwilth TrLOt{the iw•ntthwtt*Jle company) 8ThJ itB 8Ut¢idi•ry fft group'l fDrlhe yew eThJed ￿ JU￿ 2021 whth ccrfnprise th? cOn￿1h￿a￿l 8tatem8nl of firKqndo1 thitses, the f>MsrAidal8d and ￿ bal￿ fJ)o8t and the 0)n8011(tst8d 8t*ement of cash flo￿ and re18t•d th. Ind￿jirvd 8 Summary ol ￿X)un￿9 FLI1rn8. The financA reFthrg that has tsen ljww ￿tion is ap￿¢9t￿¢ law and United lfjnqdc outhng Stsndard8, ir￿￿¢1￿ Finanaal Roptyt¥ig Standard 102 'Th8 Fin8rLsal RepNting &andard •FvIlca￿e In h UK and Rwtilic crf Ifm>l¢m Gwwaty 4k£4Fleil Pr•*icel. The flnanc4d statements have tjeen In knuntiNJ aTrJ R•pcAYr4 by Chwits¢8 preparfng thdf ac£tsJrt8 In aLKJxdm thè Fln•Kd RepNting StwbJwd8 *FpItsNe In tho UK and Rfjpubl￿ of Irdand IFRS 1021 in weference to ts ￿tt￿ntIr￿ Rewtwy ty Charib88'. Stole￿￿nt Ree4)mMer￿ad Prxli(¥ 1 WI 2CK6 1$ rekrT•J trj in the 8>tsnl rtyulation8 trArt ha8 b￿n Th8 h•8 bwi doM #i to a Ink• AThJ falrvlN kn &£c*dgnc*t•+*h th• 13•nwdty AuxFtsJ knjunlng Practi¢• 8ff•th• IN FwkMl8 orts 1 Janu￿ 2015. our opinion th• 6tat8mwth'. GN• a tm arml fthr ofth8 8lBts ofth• grw'8 ¥#J clwrf8 affatrn •8 8t 2tr21 of th• group's irK¢mlng f•81M*e48 and apF4r4kn olr•ww forlhe yogr then eAthJ'. Have ￿en pro￿ p¥war•J In wth Url*AI Genry￿ty P£c•O•d Acox*itlng Have be•n in •xtydm¥thith ts I•4￿ ofthè Chwkw 2011. BMI• for ¢pknlon We our In T*lth Intomatkx•l st￿ ￿ Audw {UK) 11&48) {UK) Ind apFI￿#blO law. CJJr ress>J)$lbllkntt urhjer Ihcffje stsrthrds are furth8r deBcribed In Auditr• 8ponsibilit￿ awlit of the fina￿81 slatsfflertB of our rwt. We are indepeTrJont of the grcup and pawl ￿riti￿e ojmpyy in accorda1￿ *fjth th8 et￿1 r•w*emert8 relevant to our aLxI(t of th8 statsmerts In the United ￿r¥dorn. IndLTrJiny tre FinBn(y•l R*po￿ng CouThYI's Ethkxl Standard, have ￿lfilled rAJr olhw ethlc41 re8p)nO1￿1ttses wlth Ih88e rnquirernents. W• beliew thai th• eVpjw￿ hm to ￿de a ba•18 *>r our O￿nIOn. Conclu•loM rnl•llng to golivJ ¢4)n￿￿ We nothirvJ to repr￿ in ofthe 1dkfv￿r$ malkn to the ISfv4 IUKJ r•qLare us io Tn*tee8 ule ofthe golTrJ c•rMxm try￿10n ofts fir￿91 st8tem•nts is r>)t apwoprth." or The Trustees have rb)t ¢*'8do8&J kn the fin￿1￿1 stst•ments •ry Idenlifigj m*•rial ￿cert￿n￿o8 that may rxl douL* 8b￿rt th8 wcw'8 or pwwit thariiAtrAe cx4npary'8 &)ilty to o)ntinue lo ad￿)1 going cfjnwn b•$$ of acrnunling a pul￿1 d at Ib981 from the dato the fina￿￿ staterfflnts w• 8Ethons•l Olher Infom•tlon The TnAtoas are responsible *x the olher The otrw Infumakn the Information indude(J in the R8por¢ tt)an Slateff￿ts arnl ¢xr Aiditorfs report thereon. Ow opinlen on lh8 ￿a￿al siattsmonts dLw8 ts)bw ts Lthr Wiftyn￿ft aThJ we ncl ¢xpro5s any frym of 438uranc8 cOThJL*i￿ th•rwrL HARBORNE AK) SMETHWICK CHARrrABLE TRUST IA compary Ilmll•d by quarnni••l INDEPENDENT AUDITOR'8 REP(hRTTOnE TRUSTEES OF HARBORNE AND SMETHMCK CHARITABLE TRUST fcarybnu In connedon wlth Dur8udil oftt* st818n￿ts. wrespcrnibilty 18 to read trTre Glher infumattrjn and, In doing 80, ¢X￿$￿Ier¥￿thtrthe other infMn8tbn ti)wsl•n¢ fin￿81 statemont8 our k￿￿?￿ge obtsirwj in aLvJrt ry ottwm.sg appogrs to be mgterialty rniB8tat&J. 11 * k1enth.fy suth material incon8iStenLye5 cf apFthnt m8tsrial mi88tatemert8. #re r4Lw•J to ¢J*wrnSne vthether there ' materid rni55latement in the finawal statemwtts (Y a materlgl mi88latsmert of the Jher irtfNmat￿n. If. bas•J on th8 work VM p8rfonn•d, ￿ ¢xnduts thal thfrn ￿ a matsnal mi5Statwenl Of this ¢ther Informab'on. ure rw4uir•J to rwJt th8if•* Ivtr h•ra nothing ID Tewt in We have nothkng to r•port In rn8p•c* ol tho mgtlw8 lh• Charlllu l*AyJ￿nts ￿ Reptytsl R¢gulallon$ 2CfJ8 r￿U*88 LM to rewtto you if, in our0F1￿￿'. lh• inform4kn g￿n kn the Tr￿1*￿. in m4tortal lh• lknarm 8tstomont8', 8uffioent 4c¢ourttlryJ reth8 not twn kept (x the fineTraal 8tatsm•nts are ncl •) agrnomwl •c£owlir¥ and r•bJrM,' Ix R••pwwlbllHlw oltnAtM• AB èx￿#1￿1 more fulty In the TrtAt￿. ithF#>)*blNl8• •l*•mwl, Tw8￿ •rn r••￿n￿blè the preparatv)n of tre flnandal whth a truo and fwr vitr•l, fc* l+)t•m•l t>)ntrol as Ihe Tru8teeB detemlm Lry ne(w8Wy to ￿na￿e the offin*K* stat￿entS M are frao from materfal misstatem￿tt, due to traud or In th• ffnaNal 8t•t¥n￿1l, TnMt•M w• r88FKM￿b1o tr the groLV'$ pam¢ ¢h¥ltabk WM[￿.9 8bilty to cortinuea8 a cx)n¢xm. (￿se1081r￿j. 88 opF4cgbl•, mattw8 rdat•d togolng corThm ¢Aing the golng bo8b& of ￿4Jrty ttrk• Tr￿te•S ether Intend to liquidate tr Audlloe• rn•POn￿bIII￿￿ lorth• audt ofth• fln•nthl •tatsm•nts We havo t*•n 8Fpolnted a8 •Aknr urth 8e¢lon 144 cl Clwltiw Pa 20118nd In ￿))r￿ar w*h kt and rebvani r•guldon• m* w I￿¥￿vd •fftLtthr1￿Mth. fr•8 frorn rnaterfal mWatemrt whthr du? to T￿Jd or error. and to issug on repcrt that kndudes our oplii(m. R￿s￿8b1¢ a$8uranco h*h IMI d assuTWTh, its r¥)t a guwantstr th81 an 8u(It oJTrJuLted In •c￿dEnCe *ith IW IUK) *il aW8 detect g fflisstatemnt V+tsn It &xl$ts. Mlsstat•mwts Can wi8• from fraud cy •fft>r WKI wo If, IndI￿d￿lty rA in the oggregato. fina￿81 Alurthef dewlptk)) CloUrr￿p￿￿JI￿&8 kn thj cltho fir￿Kaal 8tatemenlB h loo¥ted cm tho Fln9ni?al RgpydThJ th￿1,0 ￿bsIte & www.fracrg.UklwJituBroip￿I*tI1itIe& Th18 *J88crirthi fums part of our Audrtty'8 rwjt HARBORNE AND sMErH￿K CHARrrABLE TRUST (A compary Ilmlt•d by gu•rnnt••) INDEPENDENT AUDITOR'S REPORT TO THETRLtsTES OF HARBORNE AND SMETHMCK CHARITABLE TRUST (cxwts"nugdJ U*0 Of tyjr Y•port Th[$ report 18 rnade sowy to ts dwilth compwrfi In￿6¥. •14 btr*. In Part 4 cf Charities IAcc4Wrts and Rewrtsl R&Jukn'ons 2CQ8. Ow aL*Jit work has bwn uTrJertsken so that we might stBts to the tharrtat40 c4mpany's IDJ6tees m*terB ￿ are required to state to th8m In an report and no LMh8r PLWFQSB. To the fullest extent F•rnitt*l ty Itw. do nL* 8euFI of wume resyjnsèilty lo anycffte then th• cth8r*th ￿InP8ry WKI its tr￿1•*. as a tN)dy. foy wr wdf( for this r8POrt, or for the ￿Ve fDnr&l. MHA Madntyr• Hud•on ststutory Audl RutlaTrJ 148 Edmund Str•Ot Binnir4Mrn B32FD Dat•.. 28 March 2022 MHA Mxlntyre Hlld￿n we dlg'bknto •a fjj wJik¥8 kn twm1 of•¢dkn 1212 of tho Comp•ni89 A¢t 21￿. HARBORNE AND SMETHWICK CHARITABLE TRIIST IA company Ilrrdted by g¢wr4ntwl CONSOUDATED STATEMENT OF FINAKIAL ACTIVrnES FOR THE YEAR ENDED 30 JUNE 2021 T¢>t•l Total F￿dI 20 2020 Incom• and •nda*Th•rtfund• Charitabla actNitsas Inveslments 870.￿5 S￿1.023 870,￿ 850,959 SXJ,023 5B7,(r29 Totsl Inc¢)m• and •ndo*Th•nts Exp•ndltur• oft: RalslrvJ fjJn(J8 Charrtable activit*.' Hc4J8Sng a¢tMtl Grants for rel￿1 In nwl 175.707 198.674 741,￿5 1e2.4 128,242 .937 1e2.4 820.541 182.23) Totsl •xp•ndltur• Net mov•ment In fund• b8forn GOIn￿lIals￿l on inveslmants Net11018esllgairw on Investrn￿l 478,￿ 1303,949) 174.3 139,994 N•t mov•m•nt kn fuAd# ROCO￿111110n olfurKI•: Tolal fvnd8 brLwght forwwd Net movwnert In fwds 5.187. 16.078.978 21.286,943 21,225,435 Tatsl fund• c•nl•d fon¥Anl 8tatement of fin￿￿81 actiiilm irK*Jl8s am gawis aTrJ r&x¥Jrf*Èed m Ihè yèar. HARBORNE AND SMEfHWICK CHARITABLE TRUST {A cOM￿nY Iln4t•d by 9uarnnt••l CONSOLIDATED AND CHARrrf &4LANCE SfrEEr AS AT 30 JUNE 2021 20 GNP Flx•d aowts TarKJble fix•d as88ts 12 13 14 4NSO,710 6.n8.018 213 4,￿2.845 10,213,584 InvvBtments 20A01312 ,CO1,849 15 219.071 118,294 Caoh at bgnk ofKI kn hvKI 10g•A27 1,723,702 Cr•drtorn'. amounts falllNJ **hin one year 18 TO1￿ 4•••ts IM• ¢uff•rt 21,ts3.937 Crnditofs.. 4mount8 falling dub aftw more than cm year n•t M••1• 17 10 Ch•rMy fvnd• En¢SMnerrt ftmdi Unre8trkted 19 19 18.rn.394 18.078,978 The cornwy enutlad to 8x•mpbon frun wjtht $ec*on olthe Ccmp•rleo kt but ￿ th 9￿p 18 a charit8bk group, rf< is sutwct to wjbt urmkn the Chpth kl 2011. mwnbw• not rnq￿Ied Ccmpwry to pwk)d in gu￿tIc￿ #) I￿*￿￿￿nC￿￿Ih •ethon 476 0lth• cCrfnpanl￿ 2￿. TnMtee5 &￿n￿Me￿ge thor r•8pMbiI￿e3 Ix oynWlryJ tho of tho kt with re•p• ofaccounlJTrJ prepwatilx) 011kn￿l￿ Statom￿. flnandal st*ments haNY tthn mr•d li ￿0)rdar1￿ apr*8￿0 to •nthle$ 8ubiK* the Imall 0)M￿nIel reglnw. fir￿d￿ Btaternents 8Th1 *Ahcff*•d the and Alw￿1 on belwll by: The notss on w8s 38 to 53 fm pwtofttwe HARBORNE AND SIIEThMCK CHARITA￿ TRiK8T IA comp*ny Ilmlt•d ty gUarwrt￿> CONgOLIDATED STATEMENT OF CASH FLOW8 FOR THE YEAR ENDED 30 JUNE 2021 20 2020 Cuh fl¢M fvom op•l￿n9 xtlvlu Net C88h in 0￿r&t￿￿j 21 4580,023 592,487 13.118 575.083 1184,c*)51 Prcte8d8 trom th• sale oftwy'ble 88xts Prc¢•ed8 from the sale of In￿b￿ar￿5 wotthty Purthise of tangit4• fiKoJ a88ets Purchase of In￿trn8rrtts and k)V•Str￿ 132.7461 N•1 ca•h provld•d ty Inv••tlw •¢d¥ltl•• Cmh 110￿ from fin•Kkng a¢**llO R8paymertB of borrvthng N•t ca•h In Ilmnelw ￿lMu Ch•ng• In ¢￿h and ￿*h •qufv•l•nl• In th• ymr Cash 8nd c4$h e￿￿￿￿1• ot tho b89'MirYJ of th• yeor 238,•49 53.077 Cuh w)d ¢￿h •qU￿lInts •¢ •nd al th•y•ar Thè ThJte8 M ￿g•S 38 to 53 form pwl of11￿• ffin￿ Pa￿ 37 HARBORNE AND SMEfH¥MCK CHARITA￿ TRUST IA eomp•ny Ilmlt•d by quaranl¢•) NOTES TO THE FINANCIAL 8TATEMEpir8 FOR THE YEAR ENDED 30 JUNE 2021 G•n•rnl Inform￿0 Th8 Hart￿ and SmthAck Charitable Tn*t ￿ 8 ojnpany limited ty gLHf8r*ee registerod the Chertw CcmmY88ion and C(¥npqrm H(MAe ￿ En*nd and W*s. Its reothwj offic£ 18 Ice Court Oak RO￿1, H8rt*yrw, Bymingham. B17 9A Aceourtlng poll¢l•• Ba•kn of pl?￿r￿On offin￿Ckn1 •tst•Mnts T￿ finar￿￿ ha￿ b••n wwed In rAxxKd8ru wilh tha Ch•rrtl•s SORP IFRS 1021- *AY￿ntIng and Rem'ng ty CIwfo￿". Ststement ol RKornmend•A Practke 8ppllrabl& to charrtin WlFqrfng their ￿lInts in ac￿￿￿ with the Flnartol ReportirYJ Stsnd8rd applica1￿0 In the VKand Reputlk of Ir￿￿ IFRS 1021 l•ffedw 1 January 2019), FIn¥￿1￿1 RewVrwJ Starthrd 8Fglr•bl• in the UK and Rewt4k of trd•nd IFRS 1021 aryl fv Companles P£t 201X Th•finanthl 8t*•m1￿ hMlJ0¢n F*•p•r•dto knand faYtlewarMJ tw•dow1•J frcffj tr* I￿￿￿ntI aTra Rwsl R•J(￿IC￿8 2OJ8 onty to thè •xtsnt r•quirgJ tp pr￿d0 • 'tn* viw*. Th8 d&parbj￿ the ChwiboB SORP {FRS wbli8W In O¢thw2019 r8thw than the AC£r¥j￿.￿9 and Reportiro by Ch8ritio1: st•temant0lR8CAHnm￿dOd Pfft#KYoff•Xve 1 2(K6t*thith ha8 wlthdr&vn. Sm¢tlwc*CtrKqrltsNeTnMt meets the d8fflnrtl￿ ofa pl￿11¢?)•nQft0nt1￿urllQI FRS 102. *Asets and Ilabd*i•s arts rnc£gntygJ at lwstsul c¥8t or tranBa(*on vak Harbom• and SmetlTh*K* ChorW)le Tnxt tho ￿10 (YYFV8te TnAte• of H*txJm* P8rfsh Land8 Charlty wlth eff￿ttrryn 13 JLTh 2019. I￿￿nting ha8 be•n treated as a ￿¥j therofoo trffjrKa81 inlrThithn at4Jut Ih? Grow> IB rye8•nt¥d 08 If It h• akyays exiltsd All ofthe oTh1 res8rnw t•lgte to HwL¥Jrrn Parish Londs Charty, obJ'Kts cl tth thorfa&8 •re th•Mm•. Th¢ C￿l￿Ad01¢￿ st*omèrt ol flnwv)al 8clMOeB WKI ttwlid8t•d balonc• lh￿1 con8c4idat8thefin8￿*l 8tstemer*• ofthethth tts•thkllwy und*tsklThJ. Th• ofthe 5Ut4idiary arn c￿s01￿￿ated m a Ilne t￿15. Comr￿19$ Psi8, irrtjwjty c£*ts InvthJ In undort8￿n9 wkch advtty. Dlrnct costs attribut8ble lo • thlty lu￿•t￿Y dir￿l01￿ a•. Shar•J costs to rrKYe than ontr gurp)rt c(6ts v*fith are not 8tlribJl*Jb to Jle 8clvty are aFwrfloned t•fvrten IW on a ￿9¢& ccnjlslentwlth the u8e of rwrcx8. C•rTtral slaff are 4c*4ted on of time 6Frt aTh1 depreoau SuppNt thofjè coth iTh>Jr&3 dk•* Ki S￿ort CA 9Xpend￿re on th• objoc*8 of Ilw tharty. Govwrw¢e cc&ts art h>Jrnd *4th AlmI￿*tration ol the indudlThJ SUFWt tt4t8 o)sts r¢*wJ of the d*rly gPPDrllorrfd to t￿ offer is CIJnd￿'c¥k8l. s￿h gr8nts bang rwinlsthl as eXPend￿re lh8 ¢))ndttlon$ attathiTVJ are ft￿￿lled. Gtarts offwtrJ s￿'￿t to ()￿￿￿3n8 wNcth ha￿ nrA bBen mgt al the Al expr#Jtsn Is ol VAT. HARBORNE AND SMEfFhyicK CHAI11T￿ TRL IA company Ilmltod by gu•r•n(¢•) NOTES TO THE FINANCIAL STATHIEIIT8 FOR THE YEAR ENLIED 30 JUNE 2021 T•NJknl• flx•d ••••ts and d•prncl•llon Tangit4È fj¥ed #888ts hc*nknJ pr4￿r￿s) Carri￿ at c£*t (ty ¢¢étl, of depyeciaticffl and arry ￿$[On for ￿ 1rn￿l￿r￿n￿ Cc4t I￿1￿YeS costs direcyjy altrt)utaL4e lo mthing th• w•t ¢3pat4e of oper*iw as Irrt￿l￿￿ suth a8 tho ￿$1 of uiring laThJ bu1￿•r1￿$, dthlopxent C•xts, int8fe8t tharges on Ic4ns durirg the d￿l0￿￿￿t ¥*J expon¢hkn cn ryro¥wnerts. EXp￿￿lIVr• on Im$x￿erts only be 8pitalised ¥then It r88dts in w>xoment4 f￿ bwofits s￿h 88 intyeawro rentsl incomè. kn'ng M￿nten•￿ta)￿ ¢xr•k*lrvJ kn a 0xtw￿cffi olthg wfiJl ￿L¥￿ilC Ih ollh8 w0￿rty. on those as•ets is nfA Ltiitil ty ¥e tr*ougM into LM. ￿￿Or compxwrts of woi>wti6•. 8Lb* 081fft8 •nd worden alann sy8t•m8 hov• b88n Atu￿n{ed for dW￿d frcffl tho propety, ovor thdr F*cied u•oftd ecOrKJM￿ Irth. Thts LwfLI KononK 114•8 of t￿￿le flx•a asB•ts ar• hb c*wged ao 86 th• ¢x•t ol taWbk• f(x•J as8ets IN• Ihdr ￿IdUal value ow thwestim8t•d I1￿￿. 0•￿)1*¢ThIs woylded cn th• fc4kx*y baae8.' OffirA bulldl Fi￿rI6 and fltUTh> Coryuter equlpmert HO￿Ing.. Rool8irLtLYe arKI . 1S% Inè -3yws Heating -8-15yew8 MKhanlc .40y LI18 2.6 Inv••lrnnl• Fix￿ awt IrNe•lmwts aro a tomi offinanclgl in8trwmwrt are iThti8ly fec(MJn18&J 8ttt*ir tr8ng**n coBt 3ub8¢q￿ty meaBLwed 8t far Val￿ at bgbn¢¢ sheet d8ts, un tho Val￿ ranncé be m&¥8ur•J rdi8tly case it 18 m•88urnd at cost Impaimient In￿8￿ment galns and losses. ￿**ther ￿11$¢d c¢ ￿e011￿j are Lxjmb'ned ￿ present•d a$'GaIn￿lL¢￿e9) WThPstrn￿. In tr* st*m8rtoffin*>*l thftjes. In￿b￿￿tI at cx*t for irnpaim*rt P￿e 40 HARBORNE AND S&IETTrfiiicK CHARrrABLE TRLtsT (A Compny Imtted by guarnnte•} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JJIIE 2021 A¢eauntlng pollel•• leantlrn 2.7 Inb••lm•nt proprty JI inveslmwrt prcyths are at rTwket val￿. Ary cW$ ￿ tsir val[* •re ProFat*8 rented lo wo¥lde ￿lAirWj aro tra￿d •# knGlbl& fix•d ass* Th)t Trad& ar￿ oth•r detAcKs at th?a1thr￿￿uUrt. Prep￿M￿nts arn vdu•d Ca•h •t b•nk artd In h•nd C•sh atb•nk •id In h8nd IrKkKl¢sc4•h •Kl•lKxt.trAm IWJNY inv••trnwls ¥&Tth 8 rity of thr88 rnonihb c¥ kn88 from d•b of or oF4nlrvJ of the or 8imllor ac(¥Jurt 2.10 LF•blllllM •nd provtslon• UablliUe8 are recogniwj WhentI￿ Os at tho balan￿ lhoot dats a8 a r•MAt of a pa•t V4enL It ￿ pr¢Oable Ilmt a tranth of￿￿1¢ I￿￿•d In letu￿Ort the ￿Unt clts ietoernent o¥n be esb'mated rellgbty. L*tsIO•8 w• at Ihg thut th? Charty ￿ticIPat•￿ tt t•AI pay to Bott￿ tr detl •nTrJthit JI h88 r•c4k4•1 foT t￿ e•th8 A mu•t Fxovkje. P￿*0￿ m¢awrtrJ •t11Kry b￿teStImath oftt* amtxmt8fwthJtO 88tU•the cljlipfjon. i•re Ihe effect of ihé Ilme ofmMtry 1$ makn"o1. is based (¥) the we8ert v91￿01 It￿8 amwnts. dlsLw*od gt th• wtrlax d￿tr￿n1 r8tethat r•fl*tsifo rl$k8 ydl trj tho liabllty. The of the di8CW)t rd r￿￿ed kn the Statwnent of finandal 2.12 FIMn¢l•l In•tYumwts The group h98 ffin0￿ WKI of * ￿rrtI tr￿t quallfy as baelc nanu81 in#Jum*Jts. Ba8lcfflnvLial instNm8nts are Inmlaltry Twni5ed attranSa￿On vglu• a￿1 subw4uenty rnea8uredat their s81110￿ ¥￿ue Mllh th• •xc•rthn ofbank loans wh 2.13 P•Mlon• The 9￿p operate$ 8 ¢effir￿d p￿ron 8¢I￿ne and th• pgnslon thargg r4¥e8ents Ihe by tho wi to Ihe fund ofthe Y￿r. Page 41 HARBORNE AND SMETHbMCK CHARITABLE TRUST IA ￿Mp*nY IlmSt•d by gurants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED JO JLINE 21)21 A¢eounllrt• poll¢l•• (¢onth 2.14 F￿d accow￿n9 Genergl ftmd5 uNeth¢X*J knds *l*h we avalaile lty u•• at th& disf¥Bkn of th• Trustees in TwthofaTKe of the gener4 ot4edfve8 of th8 Chwty arvj v*t¥th have not been En￿**d thJnd8 we those IwvJ¥ are 4v81i able for use #) wlth the w8h•8 olthe knndef or WLd8tor bc•*. EThJ(y￿rWrt ljnds wgsent ￿ Itherethe ar￿m8 bo Income gerwat•J ￿rM￿rIty a$8•t8 tb allctated lo unrestricbj incom6. Golrrfd and 108888 on 888* arn to th8 8TrJ>rt fiffid. lkner• fvThd8 ar? used to bulbj, extend or iny¢MJ are prwtl68 ¢X C41 fiJr*J. mate• and1￿)m￿th w• wvj oth•r f4rtorn, lTrSthJrvJ of thot are bolltytsj to be r•*ywblo undor tr clrcuM8tsnC￿. The has m&le tr• following Osb'rnates •*J #wt hwm a 91￿￿e8n1 Impgci on the U￿1 cl ￿l[lIng¢ aThJ Ihi$18 8B8088*1 b#8ed •KI bNt pr8cY In ￿Or. Tho usthil Irth #re r•wl¥ty rwthd. of inv•strn•irt wyOei- fwr l• t48•J M a eA>Mbindl￿ of wofe8thMI Crfk818rn8s ofjudfv." erthwmant - Ikn tr) 11* 01 sttsA*ary th•r#J89 In IT*)￿n r•Julation. the trust￿ arn aw￿ thal it 18 dffirArtt to agxrtainwrth ¢￿t￿￿ty th8 ab8c4ub value8 and cOn￿￿￿tr cl tho pwmowt erbj1y*￿ fut)d•. Tlw have aFplkdJudgmwl to spir( of 8$8ots gThJ gllo2tion 4)Ftltlonm•nt of gligille c￿ts to furxts bas&1 ¢Jn h18*￿¢ #vider￿ and HARBORNE AND SI*TTrhMCK CHARITABLE TRUST {A ￿rnp•ry Ilffltt6d by Ou￿tr•) NOTES TO THE FINANCIAL 8TATEI*NT3 FOR THE YEAR ENDED JO Jih4E 2021 Fun fvnd• 20 tharge8 52(569 254917 255,917 Uulitws rthrg68 Totsl 2021 Tot*1 fund• 2020 R*)t chwg# 515. 251,2e4 515,339 251,258 Utllilin redwrg88 2020 30 2021 ¥*re 99 KoJnnb>Jalkn1202fr. 991. Inv••tsTr•nt Inc( Total fund• 2021 Fund• 2021 R•rtsl ir£une from inve8trnent wopwl*8 DivKlend¥ and interest receivoL4e 455,232 124 484232 Totsl 2021 Unr••tricl•d Fund• Total fund• 433,547 433,S47 Cthdgnds and knrterest r￿￿9 T￿al 2020 HARBORNE AND SMEfHWICK CHARrrABLE TRUST IA comp•ny Ilmlt•d by guaraniw) NOTES TO THE FINANCIAL 8TATEIEpirs FOR THE YEAR ENDED 30 JUNE 2021 fundB 20 fvnd• )21 101,436 In8ur8n 7,418 714 758 17.912 23.782 28.181 n¢'B ctfflml￿ Inv85kn*tt marogoment f•• 24,425 12.293 Totsl 2021 fund8 2020 2020 4106 164084 7,103 24.068 1TO, 190 7,323 24.810 25.316 31.403 In•uranc* 744 ient's C￿MisS Investrnw* mewoment fee Vddl 14622 T¢)ts12020 8umm•ry ty fund typ• Totsl fund• J21 Hou8ing •ctNit Gr8nts fcf rdl8f rl ne•J 789,312 128.242 917,664 Totsl X121 mm•ry by fund tyP• fund8 2020 Ho￿Ing ￿￿"¥￿.¢8 Gr8nts for rdiel li ne•J 748,6ts7 12Q913 875,582 Total 2020 Ind￿￿j wtrin IKI￿Trj Is rl É47.617 (M.. W040). Sg• nL*e 9 fur dth'ls. HARBORNE AND SMEfHV•lCK CHARITABLE TRUST IA comp•ry Ilmttod ty gu•rani••) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021 Anatyjh of gr•nl• Totsl Fund8 In•lli￿￿ Indlvlduth 20 X121 Gr8nis for rel*1 In nÉ&l GMts b Grants lo Fund& 2020 2020 Gr8nts for roll￿ in need thJthgtM y•ér, 7212W2tr. 261 tr￿d￿d￿ refeff•dtotr* tharfty ty agende• In Blmlngham and SaThh￿. 1 fftJ8s dg18*B lo 0[￿16abon9 In tho An•ty41• of•xpwd1￿r• by *¢lk41 Mhrt•k•n fundlng 01 dlY•cty actl¥ltl•• Support Total fund• 20 20 HoLBing athlUè8 Gr•nts tr rdld th n•ed 47,617 917,654 Totsl 2021 Grant KknakM lunthig of Sw¥wt 202 2020 Hou8kvJ ac0V￿?0 Grants for rdief In noad 82Q.542 55.040 874582 T(ts12020 HARBORNE AND SMEfH¥MCK CHARrrABLE TRUST {A com￿nY Ilmlt•d by guarnnts•) NOTE8 TO THE FIPIANCIAL STATEkEpirs FOR THE YEAR ENDED 30 JUNE 2021 A￿1¥ ofexp•ndltsw• by •¢tlvld•B I￿ntIn￿dI Ar*•l• ol dlrnGt co•ts Hou8lng actmtl 2021 Totsl lund• 2021 Stsff eo6ts OF*kn'ng coots Intore6t payable 291.820 571,210 291,820 6T1,210 Totsl 2021 An•ty•l• of dk•ct¢o•ts H(￿SIn0 2020 265.541 264541 548.029 548,029 OFer8Ong Inter•8t p￿able To1812020 An•ty•h of •upport ca•ts Gr•Dl• I r•ll•f In Hmlng •ctfvld Tol•l fund• 2021 20 Stsff c4)8ts 42,527 41527 T•t•l 2021 An•ty¥￿ ol •upport ¢(*t• 2020 a)20 2020 40.318 740 3.263 44318 740 3,263 l aThJ prc4tMiord fees Prwni8•8 and Offi￿ runnbng exwt Tc*al 2(I20 HARBORNE AND 8METHbMCK CHARITABLE TRLMT {A ¢ompany Ilmlt•d ty I￿￿nI0•) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021 Trt*l fund• 2021 fvnd• ￿￿j1￿￿6 fwnunwation 0￿r Ly)8ts Pr•mw8 offK¥ rumiThJ eypenses Wages aTha 8alaMs Naticml In8urAn(* P￿slOn c(•t 13.808 13,8 1.311 19.187 1,311 19,187 1063 Totsl 3121 fund8 2020 2020 Itorf8 remunwol 18,3 18.3L 8,040 Legal pr¢rfeMiond ¢mts Pre￿￿8 #nd offic* runniry expw and 8alari N￿Onal IrvJuraTK• 4.106 19.045 2.074 4,108 19.045 Z074 Tthl 2020 11. 3t*ll co•ts 2020 282,4ee 21,781 Socaal 8ecudty L))*A Fenlicffl costs 24,080 ntmber of ty tt* thfryo9rw￿ al fdlu4Y4.'. 2021 Mo. 2020 Employed on h￿sing athTbe8 Employed on IbJusiTw thNie8. ryant aThJ g(Y*4rnnr k• •mOtyte8 r•murvakn am(Xw￿￿jto m¢ye IPAn ￿l.C￿ ￿ ther Y￿r. 4gregate ￿￿nera￿)n aThJ t￿effl5 r￿eN*y mwnMt li￿lUdIng ￿knY•r n11c￿ contrltryjtK)￿, nalional and bengfits) arnujnted to É174,4Va12021Tr. £179.5631. Kw p¥￿nn* the Trustees, Exec¥tNe. HW51r￿ Managar. Senic Buikling Managwond Infrymabon Offic*r. T￿8t￿5 recave Tr) re￿l￿￿tion ￿ beneffts. P*Je 47 HARBORNE AND SIJEfHWCK CHAiufABLE TRLL8T (A Ilmltod by gu•r•ntr•) NOTE8 TO THE FINANCIAL STATVEPIrn FOR THE YEAR ENDED 30 JUNE 2021 12. TAnglbl•llx•d *#4ts Grow> Total Co•t orv*l￿tI1?Th At 1 July 2020 99,327 5.953,350 8.710,170 At 30 Jw• 47 D•prncl•tlon At 1 July 2020 CIwg0 ILY tho y•or .088 2,026.615 2.147.325 At 30 2021 N•1 book ￿lu• At 30 2021 Al 2020 Ch•rfty The Charty d￿0 Mt rKld ary f￿j aMJl•. 11 hw••tm•nt prnpwty Fywhobd Inv••tmont pmp•rty Gro V•luatlon At 1 Juty 2020 AI JO Jun• 2021 The WNti8trnontprffjwY# 4*lwlA8 at￿Jur￿20I9. ¥rA￿li(￿S￿£￿ m•Je Wllson IMRICSI ol Bnrton KThp•kn. own mwk8tt4th*. TM TDJth$ c¢n8ldgrlhis volu&fjc to te 8ppropriat8. Th• ma￿rity d the80 wowrbe8 *we L￿￿Th￿d￿)￿* c**1ty A￿d1¥Y y80rn ago and the histon'eAI c*xt olthtt• wopwli08 18 kn(r•m. HARBORNE 8AIETHWICK CHARrrABLE TrIIST IA cOm￿nY Ilmlt•d by gumntwl NOTES TO THE FINANQAL sTATEl￿FI￿ FOR THE YEAR ENDED 30 JUNE 2021 Cuh h•kl Inv••tmDnt •Kwltlw m•n•yr Tolal Grnip Co•t ory￿u￿1on 1 July 2020 dill Di•Ft4al8 R6veluatlons Management f Transfèr to rnaln knk ar•￿￿1908 th111¥ 5,041, 184,052 5,221420 IW.$941 1.070.932 732, 732,936 133,8841 148841 47 47 AI JO ￿n• 2021 Ch•r The Charty do88 rnt wy 888ot The H8rbcrfro Pfjri8h Land8 Chorty Irjwty ￿rnber 21￿1). an ￿)irL￿at￿Y rfrJi8tgr¢d dwrity ll IIKry 8ub8xliary urtrtsrtaklng 0ftr￿ c£fflFaw. 18 th? sol&tr￿le¢. rdtal ol need in the parfsh ol Hart*)me trmugh th8 Fw0¥￿IDn ty •kn8h￿s# arKI WO￿•10n ol wanls to 1ndN￿uaIs and ¢)rgthulJ"LY4 Y)atsuwytllThe in n*d. A th• ￿mpatywas dom)*rtth￿*￿ts yew. the f8sth we8•lt•Y Intro 118t￿￿nto1fl￿IdaI 8th1￿¢8 are ofthe sublldlary of Hrrtrfjme P8rf8h Lwds Cfr*. 15 D•btov• httilty 2020 2020 Du• *lthln ¢)n• y•ar Trad¢ dettrs Rents hekl by marni?rs Other deb 7M14 1N345 210 4.28T 71,578 HARBORNE AND SMEfHWICK CHARrrABLETRUST (A company Ilmltod by guwant*) NOTES TO TrIE FINANCIAL STATEIEpifs FOR THE YEAR ENDED XI JiA4E 2021 16 Cr￿11¢￿. Arn￿nts l*llrvJ du• TAlthln • yoar 2020 2021 2020 Otsr10ons Trade crndttor8 r arml s￿1 88rJJrly 18,416 J.687 119.751 6.37T 329,670 Grants pJy4b Induded wthin accnAs and d¢fw*J rentd in atfvanca of £74.859 (2020.. £58,824). 17. ¢r•dllorn: Arnunt• f•lllng (k• •ftw mor•than ofi• y•M 2021 2020 Ottw loam ob¢y4e Iw I￿s￿led in u•JAbr8 %4thln ￿8￿on• y•ar is by a charge ovor Hart￿me H(xA•, cffle ofthe GroLV'$ wyues. The h)an ts ryygbl• in rAtslments ovw a t•mi of eo yw ar￿1ng en 31 J￿￿ 2044. Th• irt•r8st a¢ • rnt• of 10.2YA. Th• lo￿ repYe8•rts .1%12020.. £8.0%) ollhe tKK& oftho Wwty. 18. FlTrmd•l Fln•Kl•l nandal a86ets meaAK•J at f*v8kn Ilwh ir*A¥￿ •yr#allur• F1M￿al a8oet• m••Knd at f* WKxJme K*d &Kwnthr• (%4nprf8• I1￿•d IrNe8trnerts. HARBORIIE AND SMETH￿CK CHARrrABLETRLtsT (A company Ilmlt•d by guiralliBe) NOTES TO THE FINANCIAL STATEIEpif8 FOR THE YEAR ENDED 30 JIAIE 2021 19. 81thM￿OI Fund• 8•lanc• It 30 Jun• 20 Iv EndO*rn•rrtl￿d• B•l•ne• •¢ GOIn￿ *Jun• 20 lJuty Chailty The Charity dc￿ Thjt Iw)Id ILmd8 f Prye51 HARBORNE AND SMETFhYICK CHARITABLETRiBT IA company Kmmed by guar•ntr•) NOTES TO THE FINANCIAL STATEMENTS FOR The YEAR ENDED 30 JUNE 2021 20. An*•l• af n•t a•••t• b•t*T•n fund• An￿*1$ 01 rtu•6t• bèt*wn funth-cuTh*rty Group lund• funds >)21 lund* 20 Tangible fijed a88e18 FL¥od assot investyn￿kn 4442.416 2P35.3n 521,W 9M92,8 1099,327 IWJ,B50) 4,450,710 5,738,018 10,211684 1099,327 1251.110) (16,3101 Current a88et8 CrfJJttcrf8 due wrtlxn year CrtsJKr*8 duo Tlbr than yev 166,3101 Totsl 2021 2020 TW• ￿ed￿Sets Flxedassgl hvostmerrf8 In￿StManIpro cU￿rta¥S*￿ 13,239 3.W.674 521,084 1,r23,702 {*1.0541 4.549,8 2.128,746 9,692.X 4,582,84S 5,22S,420 10,213,584 1,723.702 1391,814} (e8,9941 ie6,Wl Tolal 202Q Ch•rlty Tho Charfty ¢Jce• Thx IA (Mn (vJhL 2020 Net irKA>ne ts th• p•ric41 {a# pw Statwnert cl fvthftth) A4u•im•ni• for. Depreciation chwges Gainsllbs88s} on inveBtrnents Dv4id8nts, intwest 8ThJ rerts frorn irr¥*8tn 1448B1 144,825 1546,401) 313.094 1580,023) (592,468) I1￿,777) 24,871 140 Intr¢a8e In ¢reditors HARBORNE AFX> SMErTrr￿K CHARITA￿ TRL IA ¢ompany Ilmlt•d lry guir4rt••1 NOTES TO THE FINANCIAL STATEMEpif8 FOR THE YEAR ENDED 30 JUNE 2021 ol ca*h ca•h •qutrnlent• 2020 Group Ca8h kn hand 1.800.266 1,69&408 The Charrty dow not cash LY ￿8h wrth)l& Anal0• of ¢hngM In n•td•bt At1 Al 2020 C••h flo*T JO ￿n• 2021 Cath at t￿k aThd In tAr Debt due wlthin on8 year duo all•r on• yow 1.￿5.408 15&)1 274.848 1,880.2S8 24. P•Mlon con*nltyn•nt• group operates 4 defrnd O￿ltA￿lon8 The a8wets rA the 8thamo are 8¢P8rntetyfrom thca• ofth• g￿p h ￿ irKlewdenty athiTh8ttt&1 knd. Tr8 Fenslon L¥)sttharg• repre5errt6 (>xtritrArtkn8 poyat4• ty th8 g￿￿Pt0 th?fvnd and 9mourrt•J to £28,534 {2ff20.' £24.598). Contr*ubon8 totslllng £3,20712CQO'. £2,979) payat4e to h l￿d 8t ts baknco th•ot dai• ar￿ are Induded *ilhin uthr8. (202tr. £NII. Th¢to1￿ rdnountofexp¥¢e8 reknbLn•Jt0tr￿te•￿￿tslrd rdatKin totru•t•e•' experY& wa8 £NII year I￿2tr. £329). Therevnre rK* lurM trw••*kM wilh related dwlr¥ ts yo•r12020: £NIQ.