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|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|3|
|Report ofthe Chair ofthe Trustees|4|to|5|
|Report ofthe Independent
Auditors|6|to|7|
|Statement of Financial Activities||||
|Balance Sheet||||
|Cash Flow Statement||||
|Notes to the Cash Flow Statement||||
|Notes to the Financial Statements|12|to|15|
|Detailed Statement ofFinancial Activities||16||
|Appendix to the Chair ofthe Trustees report|17|to|19|
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|||||FOR THE|YEAR ENDED 31 DECEMB|ER 2020||
|---|---|---|---|---|---|---|---|
||||||||Period|
||||||||1.1.18|
|||||||Year Ended|to|
|||||||31.12.20|31.12.19|
|||||||Unrestricted|Total|
|||||||fund|funds|
||||||Notes||F|
|INCOME|AND ENDOWMENTS|||FROM||||
|Donations|and legacies|||||82,241|1,614,712|
|investment|income|||||37,168||
|Total||||||119,409|1,614,712|
|EXPENDITURE ON||||||||
|Charitable|activities|||||||
|Charitable|Activities|||||80,882|110,461|
|Other||||||4,625|2,085|
|Total||||||85,507|112,546|
|Net gains|on investments|||||85,261|9,986|
|NET INCOME||||||119,163|1,512,152|
|RECONCILIATION||OF FUNDS||||||
|Total funds brought|||forward|||1,512,152||
|TOTAL FUNDS CARRIED FORWARD||||||1,631,315|1,512,152|
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|31|DECEMBER 2020|||
|---|---|---|---|
|||2020|2019|
|||Unrestricted|Total|
|||fund|funds|
||Notes||E|
|FIXEDASSETS||||
|Investments||1,632,415|1,509,986|
|CURRENT ASSETS||||
|Cash at bank||700|3,966|
|CREDITORS||||
|Amounts
falling due within one year||(1,800)|(1,800)|
|NET CURRENT ASSETS||~1,100)|2,166|
|TOTAL ASSETS LESSCURRENT LIABILITIES||1,631,315|1,512,152|
|NET ASSETS||1,631,315|1,512,152|
|FUNDS||||
|Unrestricted
funds||1,631,315|1,512,152|
|TOTAL FUNDS||1,631,315|1,512,152|
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||||FOR|T|HE YEAR ENDED|31 DECEMBER 2020||
|---|---|---|---|---|---|---|---|
||||||||Period|
||||||||1.1.18|
|||||||Year Ended|to|
|||||||31.12.20|31.12.19|
||||||Notes||E|
|Cash flows from|operating||activities|||||
|Cash generated
from operations||||||33,902|1,503,966|
|Net cash provided|by operating
activities|||||33,902|1,503,966|
|Cash flows from
Purchase offixed|investing
activities
asset investments|||||~37,168)|~1,500,000)|
|Net cash used in|investing|activities||||~37,168)|~1,500,000)|
|Change
in cash|and cash||equivalents|in||||
|the reporting
period
Cash and cash equivalents|||at the|||(3,266)|3,966|
|beginning
ofthe|reporting||period|||3,966||
|Cash and cash equivalents|||at the end|of||||
|the reporting
period||||||700|3,966|
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|RECONCILI|ATION|OF NET I|NCOME TO NET CASH FLOW FROM OPERAT|ING ACTIVITIES||
|---|---|---|---|---|---|
||||||Period|
||||||1.1.18|
|||||Year Ended|to|
|||||31.12.20
f|31.12.19
f|
|Net income|for the|reporting|period (as per the Statement ofFinancial|||
|Activities)||||119,163|1,512,152|
|Adjustments|for:|||||
|Gain on investments
Increase
in creditors||||(85,261)|(9,986)
1,800|
|Net cash provided||by operations||33,902|1,503,966|
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|ANALYSIS OF CHANGES
IN NET FUN|DS|||
|---|---|---|---|
||At 1.1.20|Cash flow
f|At 31.12.20
f|
|Net cash||||
|Cash at bank|3,966|~3,266)|700|
||3,966|(3,266)|700|
|Total|3,966|~3,266)|700|
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|INVEST|ME|NT INCOME||||
|---|---|---|---|---|---|
||||||Period|
||||||1.1.18|
|||||Year Ended|to|
|||||31.12.20
f|31.12.19
E|
|Investment||income||37,168||
|NET INCOME/(EXPENDITURE)||||||
|Net income/(expenditure)|||is stated after charging/(crediting):|||
||||||Period|
||||||1.1.18|
|||||Year Ended|to|
|||||31.12.20|31.12.19|
|Auditors'|remuneration|||1,800|1,800|
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|COMPAR|ATIVES FOR THE ST|ATEMENT OF FINANCIAL ACTIVITI|ES|
|---|---|---|---|
||||Unrestricted|
||||fund|
||||F|
|INCOME|AND ENDOWMENTS|FROM||
|Donations|and legacies||1,614,712|
|EXPENDITURE ON||||
|Charitable|activities|||
|Charitable|Activities||110,461|
|Other|||2,085|
|Total|||112,546|
|Net gains|on investments||9,986|
|NET INCOME|||1,512,152|
|TOTAL FUNDS CARRIED FORWARD|||1,512,152|
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|FOR THE YEAR ENDED 31 DE
FIXEDASSET INVESTMENTS|CEMBER 2020|
|---|---|
||Listed|
||investments|
||F|
|MARKET VALUE||
|At 1 January 2020
Additions
Revaluations|1,509,986
37,168
85,261|
|At 31 December 2020|1,632,415|
|NET BOOK VALUE||
|At 31 December 2020|1,632,415|
|At 31 December 2019|1,509,986|
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|Fixed income||||219,239|
|---|---|---|---|---|
|Equities||||1,150,561|
|Property
Alternative
investments||||40,954
130,820|
|Liquid assets||||90,842|
|Total||||1,632,415|
|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
||||2020|2019|
|||||E|
|Accruals and deferred|income||1,800|1,800|
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|MOVEMENT|IN FUNDS||||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.1.20|in funds|31.12.20|
|||E|F|F|
|Unrestricted|funds||||
|General fund||1,512,152|119,163|1,631,315|
|TOTAL FUNDS||1,512,152|119,163|1,631,315|
|Net mov|ement|in funds,
included
in|the above are as follows:||||
|---|---|---|---|---|---|---|
||||Incoming|Resources|Gains and|Movement|
||||resources|expended|losses|in funds|
||||E|||E|
|Unrestricted||funds|||||
|General|fund||119,409|(85,507)|85,261|119,163|
|TOTAL|FUNDS||119,409|~65,507)|85,261|119,163|
||||Net||
|---|---|---|---|---|
||||movement|At|
||||in funds|31.12.19|
||||E||
|Unrestricted||funds|||
|General|fund||1,512,152|1,512,152|
|TOTAL|FUNDS||1,512,152|1,512,152|
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|Compara|tive|net movement
in fund|s,
included
in the above are|as follows:|||
|---|---|---|---|---|---|---|
||||incoming|Resources|Gains and|Movement|
||||resources|expended|losses|in funds|
||||||E||
|Unrestricted||funds|||||
|General|fund||1,614,712|(112,546)|9,986|1,512,152|
|TOTAL|FUNDS||1,614,712|~112,546)|9,986|1,512,152|
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||FOR THE YEAR ENDED 31|
DECEMBER 2020||
|---|---|---|---|
||||Period|
||||1.1.18|
|||Year Ended|to|
|||31.12.20|31.12.19
f|
|INCOME AND ENDOWMENTS||||
|Donations
and legacies||||
|Gifts||81,000|1,614,562|
|Donations||1,241|150|
|||82,241|1,614,712|
|Investment
income||||
|Investment
income||37,168||
|Total incoming
resources||119,409|1,614,712|
|EXPENDITURE||||
|Charitable
activities||||
|Care fees support||80,882|110,461|
|Support costs||||
|Management||||
|insurance||1 213||
|Repairs and renewals||520||
|||1,733||
|Finance||||
|Sundries||1,092|255|
|Bank charges|||30|
|||1,092|285|
|Governance costs||||
|Auditors'
remuneration||1,800|1,800|
|Total resources expended||85,507|112,546|
|Net income before gains and losses||33,902|1,502,166|
|Realised recognised|gains and losses|||
|Realised gains/(losses)|on fixed asset|||
|investments||85,261|9,986|
|Net income||119,163|1,512,152|
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