2021-07-31-accounts - The Trust For Sir Neil And Ladies Sheila And Elizabeth Thorne Limited

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	Page	Page
Report ofthe Trustees	1 to	2
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet	5 to	6
Cash Flow Statement
Notes to the Cash Flow Statement
Notes to the Financial Statements	9 to	15
Detailed Statement of Financial Activities	16

				2021	2020
				Unrestricted	Total
INCOME AND ENDOWMENTS Donations and legacies Investment income		FROM	Notes	fund 412,607	funds 783,065
Total				14,384	7,515
				426,991	790,580
EXPENDITURE ON
Raising funds
Charitable activities				4,005	2,530
Grants to Institutions
Other				3,783	37,468
Total				421	1,359
Net gains on investments				8,209	41,357
NET INCOME				146,350	11,305
				565,132	760,528
RECONCILIATION	OF FUNDS
Total funds brought	forward			759,033	(1,495)
TOTAL FUNDS CARRIED FORWARD
				1~324~165	759,033

			2021	2020
			Unrestricted	Total
FIXEDASSETS		Notes	fund E	funds
Investments
Investments Investment property		11 12	866,643 400,000	692,597
CURRENT ASSETS			1,266,643	692,597
Cash at bank
CREDITORS			58,722	67,299
Amounts falling due within	one year	13	(1,200)	(863)
NET CURRENT ASSETS
			57,522	66,436
TOTAL ASSETS LESSCURRENT
LIABILITIES
			1,324,165	759,033
NET ASSETS
FUNDS Unrestricted funds		14	1,324,165	759,033
TOTAL FUNDS			1324 165	759 Q33
			1,324,165	759g033

	2021	2020
Cash flows from operating activities Cash generated from operations Net cash provided by operating activities	419,119 419,119	745,086 745,086
Cash flows from investing activities Purchase offixed asset investments Purchase of investment property Sale offixed asset investments Net cash used in investing activities	(82,028) (400,000) 54,332 (427,696)	(712,091) 30,799 (681,292)
Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning ofthe reporting period Cash and cash equivalents at the end ofthe reporting period	(8,577) 67,299 58,722	63,794 3,505 67,299

	RECONCILIATION		OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTXVXTXES	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTXVXTXES	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTXVXTXES	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTXVXTXES	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTXVXTXES
						2021	2020
	Net income forthe Financiai Activities) Adjustments for: Gain on investments		reporting	period (as per	the Statement of	565,132	f 760,528
	Increase/(decrease) Net cash provided	in creditors by operations				(146,350) 337 '419,119	(11,305) (4,137) 745,086
2.	ANALYSIS OF CHANGES IN NET FUNDS
	Net cash				At 1.8.20 f	Cash flow	At 31.7.21 E
	Cash at bank
					67,299	(8,577j	58,722
	Total				67,299	(8,577)	58,722
					67,299	(8,577)	58,722

SUPP	ORT COSTS
			Governance
		Finance	costs	Totals
Other Grants	resources expended to Institutions	85	336	421
			2.233	2.233
		85	2,569	2,654

The average m	The average m	The average m	onthly number of employees during the year was as follows:	onthly number of employees during the year was as follows:	onthly number of employees during the year was as follows:
No employees			other than trustee/director			2021	2020
							2
No employees			received emoluments		in excess ofE60,000.
COMPARATIYES FOR THE STATEMENT OF FINANCIAL ACTIYITIES
							Unrestricted
							fund
INCOME	AND		ENDOWMENTS	FROM
Donations	and		legacies
							783,065
Investment		income
Total							7,515
							790,580
EXPENDITURE			ON
Raising funds
							2,530
Charitable	activities
Grants to Institutions
							37@1GG
Other
							1,359
Total
							41,357
Net gains on		investments
							11,305
NET INCOME
							760,528

RECONCILIATION	OF FUNDS
Total funds brought	forward

Total funds brought forward TOTAL FUNDS CARRIED FORWARD FIXEDASSETINVESTMENTS	(1,49 759,033
	Listed
	investments
MARKET VALUE
At 1st August 2020
Additions	692,597
Disposals	82,028
Revaluations At 31st July 2021	(60,907) 152,925
	866,643
NET BOOK VALUE
At 31stJuly 2021
At 31stJuly 2020
	692,597

Compar	ative	net movement in fu	nds, included in the above	are as follows:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
Unrestricted		funds
General	fund		790,580	(41,357)	11,305	760,528
TOTAL	FUNDS		79D,58D	(41,357)	11,305	760,528

			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
Unrestricted		funds
General	fund		1,217,571	(49,566)	157,655	1,325,660
TOTAL	FUNDS		1,217,571	(49,566)	157,655	1,325,660

			2021	2020
INCOME AND ENDOWMENTS
Donations and legacies Donations
Legacies			412,607	30,703
				752,362
Investment income			412,607	783,065
Portfolio Investment	income
Total incoming resources			14,384	7,515
			426,991	790,580
EXPENDITURE
Investment management Portfolio management		costs
Charitable activities			4~005	2,530
Grants to institutions
Support costs			1,550	37,468
Finance
Bank charges
				60
Governance costs
Accountancy and legal fees Total resources expended Net income before gains and losses Realised recognised gains and losses Realised gains/(losses) on fixed asset			2,569 8,209 418,782	1,299 41,357 749,223
investments
Net income			(6,575)	(5,359)
			412,207	743,864