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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||
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##
|||||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|
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||||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|
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||Notes|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|
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||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|
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|2.|DONATIONS|AND|LEGACIES|LEGACIES|||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||Donations||||||||
||Legacies||||||412,607|30,703|
|||||||||752,362|
||||||||412,607|783,065|
|3.|INVESTMENT INCOME||||||||
||Portfolio Investment||income||||2021
f|2020|
||||||||14,384|7,515|
|4.|RAISING FUNDS||||||||
||Investment|management||costs|||||
||Portfolio management||||||2021
f
4,005|2020
2,530|
|5.|CHARITABLE|ACTIVITIES||COSTS|||||
||||||Grant||||
||||||funding|of|||
||||||activities
(see note
6)||Support
costs (see
note 7)|Totals|
||Grants to Institutions||||1,550||2I233|E
3,783|
|6.|GRANTS PAYABLE||||||||
||Grants to Institutions||||||2021
f|2020
f|
||||||||1,550|37,468|
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|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|
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|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|
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##
|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|
|12.|INVESTMENT PROPERTY|INVESTMENT PROPERTY|INVESTMENT PROPERTY|INVESTMENT PROPERTY|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||FAIR VALUE||||||||||
||Additions||||||||||
|||||||||||400,000|
||At 31st July|2021|||||||||
|||||||||||400,000|
||NET BOOK|VALUE|||||||||
||At 31st July|2021|||||||||
|||||||||||400,000|
||At 31stJuly|2020|||||||||
|13.|CREDITORS: AMOUNTS|||FALLING DUE WITHIN||ONE YEAR|||||
||||||||||2021|2020|
||Trade creditors||||||||||
||Accrued expenses||||||||1,200|(&)
864|
||||||||||1,200|863|
|14.|MOVEMENT|IN FUNDS|||||||||
||||||||||Net||
||||||||At|1.8.20|movement
in funds|At
31.7.21|
||Unrestricted|funds||||||||f|
||General
fund||||||759~033||565g132|1324 165|
||TOTAL FUNDS||||||759,033||565,132|1,324,165|
||Net movement|in funds,|included||in the above are as|follows:|||||
||||||Incoming||Resources||Gains and|Movement|
||Unrestricted|funds|||resources
f||expended
f||losses|in funds|
||Genera
I fund||||426,991||(8,209)||146,350|565,132|
||TOTAL FUNDS||||426,991||(8,2D9)||145,350|565,132|
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##
|||||Net||
|---|---|---|---|---|---|
||||At 1.8.19|movement
in funds|At
31.7.20|
|Unrestricted||funds|||f|
|General|fund||(1,495)|760,528|759,033|
|TOTAL|FUNDS||(1,495)|760,528|759,033|
|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|
|||||Net||
|---|---|---|---|---|---|
||||At 1.8.19|movement
in funds|At
31.7.21|
|Unrestricted||funds||||
|General|fund||(1,495)|1,325,660|1,324,165|
|TOTAL|FUNDS||(1,495)|1,325,660|1,324,165|
||||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|