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|||Page|
|---|---|---|
|Report ofthe Trustees||1 to 2|
|Independent
Examiner's|Report||
|Statement of Financial Activities|||
|Balance Sheet|||
|Cash Flow Statement|||
|Notes to the Cash Flow|Statement||
|Notes to the Financial Statements||8 to 12|
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||||FOR T|HE YEAR ENDED 313ULY|2020||
|---|---|---|---|---|---|---|
|||||||Period|
|||||||4.7.18|
||||||Year Ended|to|
||||||31.7.20|31.7.19|
||||||Unrestricted|Total|
|||||Notes|fund
E|fundsI|
|INCOME AND ENDOWMENTS|||FROM||||
|Donations|and legacies||||783,065||
|Investment|income||||~7515||
|Total|||||790,580||
|EXPENDITURE ON|||||||
|Raising
funds|||||2,530||
|Charitable|activities||||||
|Grants to|Institutions||||37,468||
|Other|||||~1359|~1495|
|Total|||||41,357|1,495|
|Net gains|on investments||||~11305||
|NET INCOME/(EXPENDITURE)|||||760,528|(1,495)|
|RECONCILIATION||OF FUNDS|||||
|Total funds brought||forward|||(1,495)||
|TOTAL FUNDS CARRIED FORWARD|||||~759033|~1495)|
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||||BALANCE SHEET
313ULY 2020|||
|---|---|---|---|---|---|
|||||2020|2019|
|||||Unrestricted|Total|
|||||fund|funds|
||||Notes|E|E|
|FIXEDASSETS||||||
|Investments||||692,597||
|CURRENT ASSETS||||||
|Cash at bank||||67,299|3,505|
|CREDITORS||||||
|Amounts
falling|due within|one year|12|(863)|(5,000)|
|NET CURRENT|ASSETS/(LIABILITIES)|||66436|~14955|
|TOTAL ASSETS LESS CURRENT||||||
|LIABILITIES||||759,033|(1,495)|
|NET ASSETS/(LIABILITIES)||||759033|~14955|
|FUNDS
Unrestncted
funds
TOTAL FUNDS|||13|759033
759033|~14955
~14955|
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|FOR|THE YEAR ENDE|D 313ULY 2020||
|---|---|---|---|
||||Period|
||||4.7.18|
|||Year Ended|to|
|||31.7.20|31.7.19|
||Notes|E|5|
|Cash flows from operating
activities
Cash generated
from operations
Net cash provided
by operating
activities|1|7~45 086
7~45 086|~3505
~3505|
|Cash flows from investing
activities
Purchase
of fixed asset investments
Sale of fixed asset investments||(712,091)
~30 799||
|Net cash (used in)/provided
by investing|activities|(6~81 292||
|Change
in cash and cash
equivalents
in the reporting
period
Cash and cash equivalents
at the
beginning
ofthe reporting
period||63,794
~3505|3,505|
|Cash and cash equivalents
at the
end ofthe reporting
period||~67 299|~3505|
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|OPERATING ACTIVIT|IES||||||
|---|---|---|---|---|---|---|
|||||||Period|
|||||||4.7.18|
||||||Year Ended|to|
||||||31.7.20|31.7.19|
||||||E|E|
|Net income/(expenditure)
for the reporting
the Statement
of Financial Activities)
Adjustments
for:
Losses on investments
(Decrease)/increase
in creditors
Net cash provided
by operations|||period (as per||760,528
(11,305)
~3)
545 556|(1,495)
5 Ooo
3 505|
|ANALYSIS OF CHANGES IN NET FUNDS|||||||
|||||At 1.8.19|Cash flow|At 31.7.20|
|||||E|E|E|
|Net cash|||||||
|Cash at bank||||~3505
~3505|~63 794
~63 794|~67 299
~67 299|
|Total||||~3505|~63 794|~67 299|
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|||||||Period|
|---|---|---|---|---|---|---|
|||||||4.7.18|
||||||Year Ended|to|
||||||31.7.20|31.7.19|
||||||E|E|
|Porffoho Investment||income|||~7515||
|RAISING FUNDS|||||||
|Investment
management|||costs||||
|||||||Period|
|||||||4.7.18|
||||||Year Ended|to|
||||||31.7.20|31.7.19|
||||||E|E|
|Portfolio management|||||~2530||
|CHARITABLE ACTIVITIES|||COSTS||||
|||||||Grant|
|||||||funding
of|
|||||||activities|
|||||||(see note|
|||||||6)|
|||||||E|
|Grants to Institutions||||||~37468|
|GRANTS PAYABLE|||||||
|||||||Period|
|||||||4.7.18|
||||||Year Ended|to|
||||||31.7.20|31.7.19|
||||||E|E|
|Grants to Institutions|||||37468||
|SUPPORT COSTS|||||||
||||||Governance||
|||||Finance|costs|Tota Is|
||||||E|E|
|Other resources|expended|||60|~1299|~1359|
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||The average
mont|hly
n|umber
of em|ployees
dunng
the year was as follows:|||
|---|---|---|---|---|---|---|
|||||||Period|
|||||||4.7.18|
||||||Year Ended|to|
||||||31.7.20|31.7.19|
||No employees
other than trustee/director||||2|2|
||No employees
recewed||emoluments|in excess ofI60,000.|||
|10.|COMPARATIVES|FOR|THE STATEMENT OF FINANCIAL ACTIVITIES||||
|||||||Unrestricted|
|||||||fund|
|||||||5|
||EXPENDITURE ON||||||
||Other|||||~1495|
||NET INCOME/(EXPENDITURE)|||||(1,495)|
||TOTAL FUNDS CARRIED FORWARD|||||~1495)|
|11.|FIXED ASSET INVESTMENTS||||||
|||||||Listed|
|||||||investments|
|||||||5|
||MARKET VALUE||||||
||Additions
Disposals
Revaluations|||||712,091
(36,158)
~16664|
||At 31)uly 2020|||||~692 597|
||NET BOOK VALUE||||||
||At 31)uly 2020|||||~692 597|
||At 31)uly 2019||||||
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|CREDI|TORS:|AMOUNTS|FALLI|NG DUE WITHIN
ONE YEAR||||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|Trade creditors
Other creditors
Accrued expenses||||||E(1)
864
863|E
5,000
~5000|
|MOVEMENT||IN FUNDS||||||
|||||||Net||
|||||||movement|At|
||||||At 1.8.19|In funds|31.7.20|
|||||||E|E|
|Unrestricted||funds||||||
|General|fund||||(1~495)|760/528|759,033|
|TOTAL|FUNDS||||~1495)|~760 528|~759 033|
|Net movement||in funds,|included|in the above are as follows:||||
|||||Incoming|Resources|Gains and|Movement|
|||||resources|expended|losses|in funds|
|||||E|E|E|E|
|Unrestricted||funds||||||
|General|fund|||790,580|(41,357)|11,305|760,528|
|TOTAL|FUNDS|||~790580|~41357)|~11305|~760 528|
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|Compar|atives|for movement
in funds|||
|---|---|---|---|---|
||||Net||
||||movement|At|
||||in funds|31.7.19|
||||E|E|
|Unrestricted||funds|||
|General|fund||(1,495)|(1,495)|
|TOTAL|FUNDS||~1495)|~1495)|
|Compara|tive|net movement
in funds,
includ|ed
in the above are as follows:|||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||||E|E|E|
|Unrestricted||funds||||
|General|fund|||(1,495)|(1,495)|
|TOTAL|FUNDS|||~1495)|~1495)|
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