##
##
|Trustees||Timothy G Freshwater,|Timothy G Freshwater,|Timothy G Freshwater,|Trustee|
|---|---|---|---|---|---|
|||David G Lovell,|Chair|||
|||Guy Reynolds,|Trustee|||
|Charity registered||||||
|number||1184963||||
|Principal office||London Wall Partners|||LLP|
|||Salisbury House||||
|||London Wall||||
|||London||||
|||EC2M 5QQ||||
|Independent|auditor|Sayers Butter worth||LLP||
|||Chartered
Accountants|||8 Statutory Auditors|
|||3rd Floor||||
|||12 Gough Square||||
|||London||||
|||EC4A 3DW||||
|Bankers||Cater Allen||||
|||9 Nelson Street||||
|||Bradford||||
|||BD1 5AN||||
|Investment|Manager|Embark
Investment||Services Ltd||
|||100Cannon Street||||
|||London||||
|||EC4N 6EU||||
|Investment|Advisor|London Wall Partners|||LLP|
|||Salisbury House||||
|||London Wall||||
|||London||||
|||EC2M 5QQ||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2021|2021|2020|
||||Note||||
|Income from:|||||||
|Donations
and|legacies|||||4,605,500|
|Investments||||41,093|41,093|18,651|
|Total income||||41,093|41,093|4,624,151|
|Expenditure
on:|||||||
|Raising funds:|Investment|management||754|754|615|
|Charitable
activities|||6|1'043'533|1'043'533|37,186|
|Total expenditure||||1,044,287|1,044,287|37,801|
|Net (expenditure)/income||before net gains on|||||
|investments||||(1,003,194)|(1,003,194)|4,586,350|
|Net gains on investments||||706,159|706,159|110,080|
|Net movement|in funds|||(297,035)|(297,035)|4,696,430|
|Reconciliation|offunds:||||||
|Total funds brought
forward||||4,696,430|4,696,430||
|Net movement|in funds|||(297,035)|(297,035)|4,696,430|
|Total funds carried forward||||4,399,395|4,399,395|4,696,430|
##
||||||Balance sheet|Balance sheet||||
|---|---|---|---|---|---|---|---|---|---|
||||||As at 30June 2021|||||
||||||||2021||2020|
||||||Note||f'.||E|
|Fixed assets||||||||||
|Investments|||||||5,129,682||4,624,075|
||||||||5,129,682||4,624,075|
|Current assets||||||||||
|Debtors||||||7,170||||
|Cash at bank|and|in hand||||69,143||78,355||
|||||||76,313||78,355||
|Creditors: amounts||falling||due within one||||||
|year|||||12|(206,600)||I'6,000}||
|Net current|liabilities||lassets||||(130,287)||72,355|
|Total assets|less|current||liabilities|||4,999,395||4,696,430|
|Creditors: amounts||falling||due after more||||||
|than one year|||||||(600,000)|||
|Net assets excluding|||pension asset||||4,399,395||4,696,430|
|Total net assets|||||||4,399,395||4,696,430|
|Charity funds||||||||||
|Restricted
funds||||||||||
|Unrestricted|funds||||||4,399,395||4,696,430|
|Total funds|||||||4,399,395||4,696,430|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Total|
|---|---|---|---|---|
||||funds|funds|
||||2020|2020|
||Donations||4,605,500|4,605,500|
|5.|Investment|income|||
|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2021|2021|
|Income|from listed investments|41,093|41,093|
|||Unrestricted|Total|
|||funds|funds|
|||2020|2020|
|Income|from listed investments|17,296|17,296|
|Interest|receivable|1,355|1,355|
|||18,651|18,651|
##
|Activities|Grant||
|---|---|---|
|undertaken|funding
of|Total|
|directly|activities|funds|
|2021|2021|2021|
||F||
|38,533|1,005,000|1,043,533|
##
##
##
|Expenditure|on charitable|activities|
|---|---|---|
|Analysis of|direct costs||
|Activities||
|---|---|
|undertaken|Total|
|directly|funds|
|2020|2020|
|37,186|37,186|
||||||||Total|
|---|---|---|---|---|---|---|---|
|||||||Activities|funds|
|||||||2021|2021|
||Governance|costs||(note 8)||38,533|38,533|
||||||||Total|
|||||||Activities|funds|
|||||||2020|2020|
||Governance|costs||||37,186|37, '/86|
|7.|Grants to institutions|||||||
|||||||2021|2020|
||Emmanuel|College||in the University|of Cambridge|1,000,000||
||The Wheelyboat||Trust|||5,000||
|||||||1,005,000||
##
##
##
|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2021|2021|
|Audit remuneration||4,224|4,224|
|Accountancy fees||2,376|2,376|
|Legal and professional|fees|31,908|31,908|
|Bank charges||25|25|
|||38,533|38,533|
|||Unrestricted|Total|
|||funds|funds|
|||2020|2020|
|Audit remuneration||3,840|3,840|
|Accountancy fees||2,160|2,160|
|Legal and professional|fees|31,136|31,136|
|Bank charges||50|50|
|||37,186|37,186|
##
##
##
##
|||Listed|
|---|---|---|
|||investments|
|Cost or valuation|||
|At 1 July 2020||4,624,075|
|Acquisitions
at cost||1,178,733|
|Disposal proceeds||(1,379,285)|
|Unrealised
gain on revaluations|in year|536,318|
|Realised gain on disposal||169,841|
|At 30June 2021||5,129,682|
|Net book value|||
|At 30June 2021||5,129,682|
|At 30June 2020||4,624,075|
##
|||2021|2020|
|---|---|---|---|
|Due within|one year|||
|Prepayments|and accrued income|7,170||
|||7,170||
##
##
||||2021f|2020|
|---|---|---|---|---|
|Accruals|and deferred|income|6,600|6,000|
|Accrued|grants payable|to institutions|200,000||
||||206,600|6,000|
##
##
##
|Stateme|nt of|funds - c|urrent year||||||
|---|---|---|---|---|---|---|---|---|
|||||||||Balance at|
||||Balance at 1||||Gains/|30June|
||||July|2020
F|Income|Expenditure|(Losses)
f|2021|
|Unrestricted||funds|||||||
|General|Funds||4,696,430||41,093|(1,044,287)|706,159|4,399,395|
|Statement of||funds - prior year|||||||
|||||||||Balance at|
||||||||Gainsi|30June|
||||||Income|Expenditure|(Losses)|2020|
|Unrestricted||funds|||||||
|General|Funds||||4,624,151|(37,801)|110,080|4,696,430|
##
##
##
##
##
|Analysis|of n|et assets between funds - current year|||
|---|---|---|---|---|
||||Unrestricted|Total|
||||funds|funds|
||||2021|2021|
|Fixed asset investments|||5,129,682|5,129,682|
|Current|assets||76,313|76,313|
|Creditors|due|within one year|(206,600)|(206,600)|
|Creditors|due|in more than one year|(600,000)|(600,000)|
|Total|||4,399,395|4,399,395|
##
|Analysis|of net assets between funds - prior year|||
|---|---|---|---|
|||Vnrestricted|Total|
|||funds|funds|
|||2020|2020|
|Fixed asset investments||4,624,075|4,624,075|
|Current|assets|78,355|78,355|
|Creditors|due within one year|(6,000)|(6,000)|
|Tl||4,696,430|4,696,430|
##