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|---|---|---|
|General
information|||
|Report ofthe Trustees|||
|Auditors' report|||
|Statemenc offinandal|activities||
|Balance sheet||10|
|Statement ofcash flows|||
|Notes to the financial|stacements|12|
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||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|||
|||||Fund|Funds|Fund|Total|Total|
|Income and endowments||from:|Note|6|6|6|6|6|
|Investment
income
Donations
snd legacies
Bank Interest received|||2
3|122,190
8|3753RO|406.250|122,190
781,250
8|76,6$1
1,250,000|
|Total Incoming resources||||122,198|375,000|406,750|903,448|IJ26,6$1|
|Expenditure
on:|||||||||
|Charitable
activities|||4|10,871|375,000||3853171|40,763|
|Tntal expenditure||||10,871|375,000||385,8/ I|40,763|
|Net gains on mvastmant|swats||||||846,654|44,9$7|
|Net Income||||111,327||1,252,904|1,364231|1330,845|
|Transfer between
funds|||||||||
|Net movement
In funds||||111.327||1.252,904|1,364.231|1,330,845|
|Recondliadon
offunds:|||||||||
|Fund balance brought forward||at|||||||
|I January 2021||||353RB||5,061,103|5,096.991|3,766,146|
|Fund balance carried forward||at|||||||
|31 December 2021||||147215||6,314,007|6,461,222|$.096,991|
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||||||2021|||2020|
|---|---|---|---|---|---|---|---|---|
|||||Note|6|||6|
|Fixed assets|||||||||
|Investments|||||6,444,809|||5,069,715|
|Current assets|||||||||
|Cash at bank|and in hand||||28,643||34,449||
|Liabilities|||||||||
|Creditors: Amounts||falling due|||||||
|within one year||||6|(12,230)||f7,173)||
|Net current|assets||||16,413|||27,276|
|Total assets|less current|||liabilities|6,461,222|||5,096,991|
|Net assets|||||6,461,222|||5,096,991|
|The funds ofthe charltyt|||||||||
|Expendable
endowment|||fund||6,314,007|||5,061,103|
|Unrestricted|fund||||147,215|||35,888|
||||||6,461,222|||5,096,991|
|The financial|statements||on|pages 9to 15were approved|by the board of trustees|on||2022 and|
|were signed on its behalf|||by:-||||||
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||||202 I|2020|
|---|---|---|---|---|
||||Total|Total|
||||6|E|
|Net cash provided
by aperadag acdvidec|||400,436||
|Cash /laws «nm Invasdng|ecrlvidec.||||
|Incerest received||||l0i|
|Purchase ofinvastmancs|||(406,250)|(i,ppe so/)|
|Net cash (used in)/provided||by investing activities|(5,006)|(6s,e40)|
|Change
In cash and cash|equivalencs||(5306)|(6s,edo)|
|Cash and cash equlvalencs||browst forward|34,449|/00.209|
|Cash and cash equivalents||carried forward|28,643|34,449|
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||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
|Grunts made Io charitable
insritutians|||||||||
|Glyndebourne
Productions
Ltd||||||375,000|||
|De Havillsnd
Aircraft Museum||||||||3,000|
|Kids on Track||||||||7300|
|The Trusseg Trust||||||||I0,000|
|The Woodland
Trust||||||||3,000|
|Watlington
Hospital
Charitable|Trust|||||||7,500|
|St Peter's Church,
Hammersmith||||||||3,000|
|||||||375,000||34,000|
|Governance
costs allocated
tu charitable|||actintles:||||||
|Consultancy
costs|||||||9,845|5,755|
|Independent
wmininer's
fees|||||||966|9ig|
|Bank charges|||||||60|90|
|Total expenditure
on charitable|activities|||||385,871||40,763|
|Expenditure
on
charitable
activities,|||610,871 (2020 - 640,763) was||attributable|to the|unrestricted|fund
and|
|6375,000 (2020 —Enil) was attributable|||to the restricted|fund.|||||
|S.
Fixed asset investments|||||||2021|2020|
||||||||6|6|
|Quoted investments|||||||||
|Market value at start ofyear||||||5,069,715||2,949,707|
|Additions||||||406,250||1,998,50I|
|Accumulation
dividends
reinvested||||||122.190||76,550|
|Net unreallsed
gains on investment||assets||||846,654||44,957|
|Market value at end ofyear||||||6,444,809||5,069,715|
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|falling|due|within|one|year|2021|2020|
|---|---|---|---|---|---|---|
||||||E|6|
||||||12,230|y,l73|
||||||12.230|7,173|
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|7.
Analysis ofnet assets between
funds|||||
|---|---|---|---|---|
|||Unrestricted|Expendable|Total|
|||Income|Endowment||
|||funds|funds|2021|
||||E|E|
|Fund balances as at 31 December 2021 are represented|by:||||
|Cash and Debtors|||442,938|442,938|
|Creditors||(426,525)||(426,525)|
|||(426,525)|442,938|16,413|
|Investments||198,740|6,246,069|6,444,809|
|||(227,785)|6,689,007|6.461,222|
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|Iteconcglatlon
ofnet||movement|in funds iu net cash 4uw from operating
activities||
||||2021|2020|
||||E||
|Net movement
in|funds||1,364,231|/,330,845|
|Deduct gains on investments|||(846,654)|(44,957)|
|Deduct income from investments|||(122.198)|(76,65I)|
|Increase/(decrease)|In creditors||5,057|(25,177)|
|(Increase)/decrease|in debtors|||748,500|
|Net cash provided|by operating|activities|400,436|1,932,560|
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