| Page | |||
|---|---|---|---|
| Reportofthe Trustees |
1 | io | 4 |
| Report ofthe Independent Auditors |
5 | io | 6 |
| Statement of Financial Activities | |||
| Balance Sheet | |||
| Cash Flow Statement | |||
| Notes to the Cash Flow Statement | 10 | ||
| Notes to the Financial Statements | 11 | to | 15 |
| Detailed Statement ofFinancial Activities | 16 |
| Period | ||||||
|---|---|---|---|---|---|---|
| 15.3.19 | ||||||
| Year Ended | to | |||||
| 30.6.21 | 30.6.20 | |||||
| Unrestricted | Total | |||||
| fund | funds | |||||
| Notes | F | |||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
19,818,533 | |||||
| Investment income |
402,443 | 133,610 | ||||
| Total | 402,443 | 19,952,143 | ||||
| EXPENDITURE ON | ||||||
| Raising funds | 150,956 | 47,442 | ||||
| Charitable activities |
||||||
| Grant making | 622,836 | 671,136 | ||||
| Total | 773,792 | 718,578 | ||||
| Net gains/(losses) | on | investments | 2,454,552 | (43,850) | ||
| NET INCOME | 2,083,203 | 19,189,715 | ||||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 19,189,715 | ||||
| TOTAL FUNDS CARRIED FORWARD | 21,272,918 | 19,189,715 |
| 30June 2021 | |||
|---|---|---|---|
| 2021 | 2020 | ||
| Unrestricted | Total | ||
| Notes | fundf | funds | |
| FIXEDASSETS | |||
| intangible assets Investments |
11 12 |
9,160 17,259,779 |
10,234 14,603,227 |
| 17,268,939 | 14,613,461 | ||
| CURRENT ASSETS | |||
| Cash at bank | 4,093,234 | 4,580,159 | |
| CREDITORS | |||
| Amounts falling due within one year |
13 | (89,255) | (3,905) |
| NET CURRENT ASSETS | 4,003,979 | 4,576,254 | |
| TOTAL ASSETS LESSCURRENT LIABILITIES | 21,272,918 | 19,189,715 | |
| NET ASSETS | 21,272,918 | 19,189,715 | |
| FUNDS | 14 | ||
| Unrestricted funds |
21,272,918 | 19,189,715 | |
| TOTAL FUNDS | 21,272,918 | 19,189,715 |
| Period | ||||
|---|---|---|---|---|
| 15.3.19 | ||||
| Year Ended | to | |||
| 30.6.21 | 30.6.20 | |||
| Notes | E | F | ||
| Cash flows from operating | activities | |||
| Cash generated from operations |
1 | (687,368) | 19,104,366 | |
| Net cash (used in)/provided | by operating | activities | (687,368) | 19,104,366 |
| Cash flows from investing | activities | |||
| Purchase of intangible fixed |
assets | (10,740) | ||
| Purchase offixed asset investments | (202,000) | (14,647,077) | ||
| Interest received | 6,657 | 56,834 | ||
| Dividends received |
395,786 | 76,776 | ||
| Net cash provided by/(used |
in) investing | activities | 200,443 | (14,524,207) |
| Change in cash and cash |
equivalents | in | ||
| the reporting period |
(486,925) | 4,580,159 | ||
| Cash and cash equivalents | at the | |||
| beginning ofthe reporting |
period | 4,580,159 | ||
| Cash and cash equivalents | at the end | of | ||
| the reporting period |
4,093,234 | 4,580,159 |
| RECONCILIATION OF NE |
T | INCOME TO NET CASH FLOW FR | OM OPERATIN | G ACTIVITIES | |
|---|---|---|---|---|---|
| Period | |||||
| 15.3.19 | |||||
| Year Ended | to | ||||
| 30.6.21 | 30.6.20 | ||||
| Net income for the reporting Financial Activities) Adjustments for: |
period (as per the Statement of | 2,083,203 | Z 19,189,715 |
||
| Depreciation charges (Gain)/losses on investments Interest received Dividends received Increase in creditors |
1,074 (2,454,552) (6,657) (395,786) 85,350 |
506 43,850 (56,834) (76,776) 3,905 |
|||
| Net cash (used in)/provided | by operations | (687,368) | 19,104,366 | ||
| ANALYSIS OF CHANGES | IN | NET FUNDS | |||
| Ai 1.7.20 | Cash flow | At 30.6.21 | |||
| Net cash | E | L | E | ||
| Cash at bank | 4,580,159 | (486,925) | 4,093,234 | ||
| 4,580,159 | (486,925) | 4,093,234 | |||
| Total | 4,580,159 | (486,925) | 4,093,234 |
| Institution | Amount | ||||
|---|---|---|---|---|---|
| CDLS Hope for Hasti | 500 | ||||
| South Clifton Coronation | Hall | 8,000 | |||
| Rosie May Foundation | 12,000 | ||||
| Maggies Place | 500 | ||||
| Carriages Cafe | 5,000 | ||||
| Dogs Trust | 25,000 | ||||
| Salvation Army |
25,000 | ||||
| Lincoln Golf Club | Charity | Day | 3,000 | ||
| Warriner Trust | 5,000 | ||||
| Reach | 12,822 | ||||
| McMillan Cancer | Support | 25,000 | |||
| Nottinghamshire | Hospice | 110,228 | |||
| Hartsholme Academy |
9,000 | ||||
| Lets All Eat | 10,000 | ||||
| Bishop Alexander | Primary | School | 266 | ||
| Auditory Verbal |
6,800 | ||||
| EDAN Lines | 9,323 | ||||
| Beaumond House |
Community | Hospice | 60,914 | ||
| Childrens Hospital |
100,000 |
| Think Children | 331 | |
|---|---|---|
| Beanblock CIC Lincoln and Lindsey Blind School Nottingham High School Hope for Tomorrow Newark Parish Church CLIC Sargent Mobile Cancer Care Chetwynd Little Troopers Pre School Newark Town Bowls Club Defence Medical Rehabilitation Charity (Proposed) |
2,000 7,000 25,000 20,000 7,000 10,000 20,000 7,500 2,900 85,000 |
|
| Total | 615,084 |
| SUPPORT COSTS | ||||||||
|---|---|---|---|---|---|---|---|---|
| Information | Governance | |||||||
| Finance | technology | Other | costs | Totals | ||||
| Grant making | E 230 |
F 1,074 |
E 1,698 |
E 4,250 |
E 7,252 |
|||
| AUDITORS' REMUNERATION | ||||||||
| Period | ||||||||
| 15.3.19 | ||||||||
| Year Ended | to | |||||||
| 30.6.21 | 30.6.20 | |||||||
| Fees payable to the charity's | auditors | for | the audit ofthe charity's | financial | E | F | ||
| statements Auditors' remuneration |
for non audit | work | 2,250 2,000 |
2,000 1,900 |
| FIXEDASSET INVESTMENTS | |
|---|---|
| Listed | |
| investments | |
| MARKET VALUE | |
| At 1 July 2020 Additions |
14,603,227 |
| Revaluations | 202,000 |
| 2,454,552 | |
| At 30June 2021 | 17,259,779 |
| NET BOOK VALUE | |
| At 30June 2021 | 17,259,779 |
| At 30June 2020 | 14,603,227 |
| Listed | ||||||
|---|---|---|---|---|---|---|
| investments | ||||||
| Valuation | in 2020 | |||||
| Valuation Cost |
in 2021 | (43,850) 2,454,552 |
||||
| 14,849,077 | ||||||
| 17,259,779 | ||||||
| o/o | ||||||
| Anal sis offund | com | osition at 30June 2021 | ||||
| Cash Global Equities |
0 17,259,779 |
0.00 100.00 |
||||
| 17,259,779 | 100.00 | |||||
| CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||
| 2021 | 2020 | |||||
| Other creditors | 89,255 | E 3,905 |
||||
| MOVEMENT IN FUNDS |
||||||
| Net | ||||||
| movement | At | |||||
| At 1.7.20 | in funds | 30.6.21 | ||||
| Unrestricted funds |
E | |||||
| General fund | 19,189,715 | 2,083,203 | 21,272,918 | |||
| TOTAL FUNDS | 19,189,715 | 2,083,203 | 21,272,918 |
| Net movement | in funds, included in |
the above are as follows: | |||
|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | ||
| resources | expended | losses | in funds | ||
| F | F | ||||
| Unrestricted | funds | ||||
| General fund | 402,443 | (773,792) | 2,454,552 | 2,083,203 | |
| TOTAL FUNDS | 402,443 | (773,792) | 2,454,552 | 2,083,203 |
| Net | |||
|---|---|---|---|
| movement | At | ||
| in funds | 30.6.20 | ||
| F | |||
| Unrestricted | funds | ||
| General fund | 19,189,715 | 19,189,715 | |
| TOTAL FUNDS | 19,189,715 | 19,189,715 |
| Comparative | net movement in fund |
s, included in the above are a |
s follows: | ||
|---|---|---|---|---|---|
| incoming | Resources | Gains and | Movement | ||
| resources | expended | losses | in funds | ||
| E | F | E | |||
| Unrestricted | funds | ||||
| General fund | 19,952,143 | (718,578) | (43,850) | 19,189,715 | |
| TOTAL FUNDS | 19,952,143 | (718,578) | (43,850) | 19,189,715 |
for the Year Ended 3 |
0June 2021 |
|||
|---|---|---|---|---|
| Period | ||||
| 15.3.19 | ||||
| Year Ended | to | |||
| 30.6.21 | 30.6.20 | |||
| E | ||||
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies |
||||
| Donations | ||||
| 19,818,533 | ||||
| Investment income |
||||
| Investment income Deposit account interest |
395,786 6,657 |
76,776 56,834 |
||
| 402,443 | 133,610 | |||
| Total incoming resources | 402,443 | 19,952,143 | ||
| EXPENDITURE | ||||
| Investment management |
costs | |||
| Portfolio management | 150,956 | 47,442 | ||
| Charitable activities |
||||
| Grants to institutions Grants to individuals |
615,584 | 659,966 | ||
| 5,000 | ||||
| 615,584 | 664,966 | |||
| Support costs | ||||
| Finance | ||||
| Bank charges | 230 | 56 | ||
| Information technology |
||||
| Amortisation ofwebsite |
1,074 | 506 | ||
| Other | ||||
| Insurance | ||||
| Subscriptions Advertising |
1,220 478 |
854 478 |
||
| 376 | ||||
| 1,698 | 1,708 | |||
| Governance costs | ||||
| Auditors' remuneration Auditors' remuneration |
for | non audit work | 2,250 2,000 |
2,000 1,900 |
| 4,250 | 3,900 | |||
| Total resources expended | 773,792 | 718,578 | ||
| Net (expenditure)/income | (371,349) | 19,233,565 |