2020-12-31-accounts - The British Library Collections Trust

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		Page
Charity Reference and Administrative	Details	1-2
Council Members' Annual Report
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet
Statement ofCash Flows
Notes to the Financial Statements		9-19

		Unrestricted	Endowment	Total	Total
		funds	funds	funds	funds
					Period
					ended 31
					December
		2020	2020	2020	2019
	Note	f.
INCOME FROM:
Grants from Friends ofthe British Library		105,000		105,000	632,488
Grant from the British Library					50,000
Legacies		1,000		1,000
Investments		14,455		14,455	11,909
TOTAL INCOME		120,455-		120,455	694,397
EXPENDITURE ON:
Charitable activities		66,&38		66,838	88,046
TOTAL EXPENDITURE		66,838		66,838	88,046
NET INCOME I(EXPENDITURE) BEFORE
INVESTMENT GAINS/(LOSSES)		53,617		53,617	606,351
Net gains on investments	10	(26,621)	(32,543)	(59,164)	5,794
NET MOVEMENT IN FUNDS		26,996	32,543	5,547	612,145
RECONCILIATION OF FUNDS:
Total funds brought forward		409,543	202,602	612,145
Net movement in funds		26,996	(32,543)	(5,547)	612,145
TOTAL FUNDS CARRIED FORWARD		436,539	170,059	606,598	612,145

						2020	2019
				Note			f.
Cash flows from operating	activities
Net cash used in operating	activities				(	' )	249,906
Cash flows from investing	activities
Investment income						14,455	11,909
Net cash from investing activities						14,455	11,909
Change in cash and cash	equivalents	in	the year		(17,398)		261,815
Cash and cash equivalents	at the beginning		ofthe year		261,815
Cash and cash equivalents	at the end	of	the year	15	244.417

	Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
	funds	funds	funds	funds	funds	funds
				Period	Period	Period
				ended 31	ended 31	ended 31
				December	December	December
	2020	2020	2020	2019	2019	2019
Cash	105,000		105,000	211,000		211,000
Investments				237,683	199,850	437,488
Liabilities				(16,000)		(16,000)
Total	105,000		105,000	432,638	199,850	632,488

		Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
		funds	funds	funds	funds	funds	funds
					Period	Period	Period
					ended 31	ended 31	ended 31
					December	December	December
		2020	2020	2020	2019	2019	2019
Cash	Grant				50000		50,000
Total					50,000		50,000

GRANTS TO INSTITUTIONS				Period
				ended 31
				December
			2020	2019
British Library
Account of an expedition by Drake 8 Norris Delacalonge book			4,000 1,500
Scientific works of Lewis of Caerleon			20,750
Sullivan's Symphony in E Major			8,365
Francis Wyndham archive			10,000
Collins Collection (Meynell Trust)			20,000
Over provision of grant for Anglo Saxon	Conference	publication	(1,063)
Jane Austen letter				10,000
John Collins Collection				15,000
Performing the Archive, Peter Nichols				1,000
Account ofan expedition led by Sir Francis Drake Melford Hall manuscript of John Donne's poetry				4,000 22,000
Psalter ofthe 1480s, made in Bruges				20,000
Archive ofAndrea Levy				10,000
Poem on enamoured and mad love by Lucretia Marinella				2,952
Total			63,552	84,952

FIXEDASSE	T INVESTMENTS
		Listed	Listed
		securities	securities
		2020	2019
Fair Value
At 1 January		443,282
Grant from the Friends ofthe British Library			43?,488
Revaluations		(59,164)	5,794
At 31 December
		384,118	443,282
Investments	at fair value compromise:
		2020	2019

CREDITORS: Amounts falling due within one year
	2020	2019
Accruals	3,000	3,000
Grants accrued —British Library	18,937	89,952
	21,937	92,952

							Unrestricted	Endowment	Total
							funds	funds	funds
							2020	2020	2020
Fixed	asset investments						214,060	170,058	384,118
Current assets							244,417		244,417
Creditors due within one year							(21,937)		(21,937)
							436,540	170,058	606,598
ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR PERIOD
							Unrestricted	Endowment	Total
							funds	funds	funds
							2019	2019	2019
Fixed	asset investments						240,680	202,602	443,282
Current assets							261,815		261,815
Creditors due within one year							(92,952)		(92,952)
							409,543	202,602	612,145
14.	RECONCILIATION	OF NET MOVEMENT				IN FUNDS TO NET CASH FLOW		FROM OPERATING
	ACTIVITIES
									Period
									ended 31
									December
								2020	2019
	Net income for the period (as per Statement					of Financial	Activities)	5547	612,145
	Adjustments for:
	Investment income							(14,455)	(11,909)
	Losses / (gains) on	investments					10	59,164	(5,794)
	Grants from Friends		ofthe British Library		—Investments		10		(437,4&8)
	Increase / (decrease)		in creditors					(71,015)	92,952
	Net cash provided	by/(used		in) operating		activities		31,853	249,906

		Unrestricted	Endowment	Total
		funds	funds	funds
		Period	Period	Period
		ended 31	ended 31	ended 31
		December	December	December
		2019	2019	2019
	Note
INCOME FROM:
Grants from Friends ofthe British Library		432,638	199,850	632,488
Grant from the British Library		50,000		50,000
Investments		11,909		11,909
TOTAL INCOME		494547	199850	694,397
EXPENDITURE ON:
Charitable activities		88,046		88,046
TOTAL EXPENDITURE		88046	-	88046
NET INCOME I(EXPENDITURE) BEFORE
INVESTIIENT GAINSI(LOSSES)		406,501	199,&50	606,351
Net gains on investments	10	3,042	2,752	5,794
NET MOVEMENT IN FUNDS		409,543	202,602	612,145
RECONCILIATION OF FUNDS:
Total funds brought forward
Net movement in funds		409,543	202,602	612,145
TOTAL FUNDS CARRIED FORWARD		409,543	202,602	612,145