2021-12-31-accounts

	Page
CharityReferenceandAdministrativeDetails	1
CouncilMembers'AnnualReport	2-3
IndependentExaminer'sReport	4
StatementofFinancialActivities	5
BalanceSheet	6
NotestotheFinancialStatements	7-17

18 May 2022

		Unrestricted	Endowment	Total	Total
		funds	funds	funds	funds
		2021	2021	2021	2020
	Note	£	£	£	£
INCOMEFROM:
GrantsfromFriends oftheBritishLibrary	2	50,000		50,000	105,000
GrantfromtheBritishLibrary	3	20,000		20,000
Legacies					1,000
Investments		14,156		14,156	14,455
TOTALINCOME		84,156		84,156	120,455
EXPENDITUREON:
Charitableactivities		135,064		135,064	66,838
TOTALEXPENDITURE		135,064		135,064	66,838
NETINCOME/ (EXPENDITURE)BEFORE
INVESTMENTGAINS/(LOSSES)		(50,908)		(50,908)	53,617
Netgains/(losses)oninvestments	10	34,533	43,359	77,892	(59,164)
NETMOVEMENTINFUNDS		(16,375)	43,359	26,984	(5,547)
RECONCILIATIONOFFUNDS:
Totalfundsbroughtforward Netmovementinfunds		436,539 (16,375)	170,059 43.359	606,598 26,984	612,145 (5,547)
TOTALFUNDSCARRIEDFORWARD		420,164	213,418	633,582	606,598

	Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
	funds	funds	funds	funds	funds	funds
	2021	2021	2021	2020	2020	2020
	£	£	£	£	£	£
Grants	50,000		50,000	105,000		105,000
Total	50,000		50,000	105.000		105,000

	Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
	funds	funds	funds	funds	funds	funds
	2021	2021	2021	2020	2020	2020
	£	£	£	£	£	£
Grants	20,000		20,000
Total	20,000		20,000

	Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
	funds	funds	funds	funds	funds	funds
Dividend	2021	2021	2021	2020	2020	2020
income	£	£	£	£	£	£
Schroders	12,317	_	12,317	12,345	.	12,345
CAF	1,839	-	1,839	2,110	-	2,110
Total	14,156	-	14,156	14,455	-	14,455

	Grant			Grant
	fundingof	Support		fundingof	Support
	activities	costs	Total	activities	costs	Total
	2021	2021	2021	2020	2020	2020
	£	£	£	£	£	£
Supportofthe BritishLibrary	131,804	3,260	135,064	63,552	3,286	66,838

	GRANTSTOINSTITUTIONS	2021	2020
		£	£
	BritishLibrary
	IanFlemingpapers	10,000
	TwomanuscriptsfromtheDolmetschCollection	20,000
	ChristopherLoguearchive	5,000
	EndangeredArchiveProgramme	13,500
	HonresfieldLibrary	50,000
	NancyMitford/JoyLawcorrespondence	10,000
	Audio-visualarchivinginternship	27,304
	AccountofanexpeditionbyDrake&Norris	(4,000)	4,000
	Delacalongebook	-	1,500
	ScientificworksofLewisofCaerleon	-	20,750
	Sullivan'sSymphonyinEMajor	-	8,365
	FrancisWyndhamarchive	-	10,000
	CollinsCollection(MeynellTrust)	-	20,000
	OverprovisionofgrantforAngloSaxonConferencepublication	:	(1,063)
	Total	131,804	63,552
7.	SUPPORTCOSTS	2021	2020
		£	£
	Insurance	175	160
	Bankcharges	85	66
	Governancecosts	3,000	3,060
	Total	3,260	3,286
	GovernancecostsareanalysedinNote8.
8.	GOVERNANCECOSTS	2021	2020
		£	£
	IndependentExaminer- IndependentExamination	3,000	3,000
	IndependentExaminer- Priorperiod	;	60_
	Total	3,000	3,060

	Listed	Listed
	securities	securities
	2021	2020
	£	£
FairValue
At1January	384,118	443,282
Revaluations	77,892	(59,164)
At31December
	462,010	384,118
Investmentsatfairvaluecompromise:
	2021	2020
	£	£
UnittrustsquotedonLondonStockExchange	462.010	384.118

	2021	2020
	£	£
Accruedincome	20,000
	20,000

					2021	2020
					£	£
	Accruals				3,000	3,000
	Grantsaccrued-BritishLibrary				111,804	18,937
					114,804	21,937
13.	STATEMENTOFFUNDS- CURRENTYEAR
						Balanceat
		Balanceat				31
		1January			Gains/	December
		2021	Income	Expenditure	(Losses)	2021
		£	£	£	£	£
Unrestrictedfunds
GeneralFunds		436,539	84,156	(135,064)	34,533	420,164
Endowmentfunds
Endowment Funds		170,059	-	-	43,359	213,418
Total	offunds	606,598	84,156	(135,064)	77,892	633,582
13.	STATEMENTOFFUNDS- PRIOR	PERIOD
						Balanceat
		Balanceat				31
		1January			Gains/	December
		2020	Income	Expenditure	(Losses)	2020
		£	£	£	£	£
Unrestrictedfunds
GeneralFunds		409,543	120,455	(66,838)	(26,621)	436,539
Endowmentfunds
EndowmentFunds		202,602	-	-	(32,543)	170,059
Total	offunds	612,145	120,455	(66,838)	(59,164)	606,598

	Unrestricted	Endowment	Total
	funds	funds	funds
	2021	2021	2021
	£	£	£
Fixedassetinvestments	248,592	213,418	462,010
Currentassets	286,376	-	286,376
Creditorsduewithinoneyear	(114,804)	-	(114,804)
	420,164	213.418	633,582

	Unrestricted	Endowment	Total
	funds	funds	funds
	2020	2020	2020
	£	£	£
Fixedassetinvestments	214,060	170,058	384,118
Currentassets	244,417	-	244,417
Creditorsduewithinoneyear	(21,937)	-	(21,937)
	436,540	170,058	606,598

	2021	2020
	£	£
Cashinhand	266,376	244,417
Totalcashandcashequivalents	266,376	244,417

				At31
ENTYEAR	At	1January		December
		2021	Cashflows	2021
			£	£
		£
Cashatbankandinhand		244,417	21,959	266,376
		244,417	21,959	266,376
				At31
PERIOD	At	1January		December
		2020	Cashflows	2020
			£	£
		( £
Cashatbankandinhand		261,815	(17,398)	244,417
		261,815	(17,398)	244,417

		Unrestricted	Endowment	Total
		funds	funds	funds
		Period	Period	Period
		ended31	ended31	ended31
		December	December	December
		2020	2020	2020
	Note	£	£	£
INCOMEFROM:
GrantsfromFriendsoftheBritishLibrary		105,000		105,000
GrantfromtheBritishLibrary
Legacies		1,000		1,000
Investments		14,455		14,455
TOTALINCOME		120,455		120,455
EXPENDITUREON:
Charitableactivities		66,838		66,838
TOTALEXPENDITURE		66,838		66,838
NETINCOMEI (EXPENDITURE)BEFORE
INVESTMENTGAINS/(LOSSES)		53,617	-	53,617
Netgainsoninvestments	10	(26,621)	(32,543)	(59,164)
NETMOVEMENTINFUNDS		26,996	(32,543)	(5,547)
RECONCILIATIONOFFUNDS:
Totalfundsbroughtforward		409,543	202,602	612,145
Netmovementinfunds		26,996	(32,543)	(5,547)
TOTALFUNDSCARRIEDFORWARD		436,539	170,059	606,598