2021-04-08-accounts - The Verina Black Charitable Trust

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	Page	Page
Report ofthe Trustees	1	to	3
Report ofthe Independent Auditors	4	to	6
Statement of Financial Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow Statement		10
Notes to the Financial Statements	11	to	15

	BALANCE SHEET 8 APRIL 2021
		2021	2020
		Total	Total
		funds	funds
	Notes	E
FIXEDASSETS
Investments	10	1,759,409
CURRENT ASSETS
Cash at bank		8,500
CREDITORS
Amounts falling due within one year		(10,643)	(3)
NET CURRENT ASSETS/(LIABILITIES)		(2,143)	(3)
TOTAL ASSETS LESSCURRENT
LIABILITIES		1,757,266	(3)
NET ASSETS/(LIABILITIES)		1,757,266	(3)
FUNDS	12
Unrestricted funds		1,757,266	(3)
TOTAL FUNDS		1,757,266	(3)

			CASH FLOW STATEMENT	CASH FLOW STATEMENT
		FOR	THE YEAR ENDED 8 APRIL		2021
			Notes		2021 E	2020 f
Cash flows from	operating	activities
Cash generated from operations			1	1,492,320
Net cash provided	by operating activities			1,492,320
Cash flows from	investing	activities
Purchase offixed	asset investments			(1,494,275)
Interest received					10,455
Net cash (used in)/provided		by investing	activities	(1,483,820)
Change in cash	and cash	equivalents
in the reporting	period				8,500
Cash and cash equivalents		at the
beginning ofthe	reporting	period
Cash and cash equivalents		at the end
ofthe reporting	period				8,500

at their settle	at their settle	ment amount after a	ment amount after a	llo	wing for any trade discounts	due.
DONATIONS		AND LEGACIES
								2021	2020
								E
Legacies								1,520,000	75,190
INVESTMENT INCOME
								2021	2020
								F	F
Interest and		dividends						10,455
All investment		income is	denved	from assets held in the United		Kingdom.
RAISING FUNDS
Investment		management	costs
								2021	2020
								E	F
Portfolio management								16,180
CHARITABLE ACTIVITIES COSTS
						Grant
					funding		of
						activities		Support
					(see note			costs (see
						6)		note 7)	Totals
						F		E	E
Charitable	activities					11,500		10,640	22,140
GRANTS PAYABLE
								2021	2020
								F	F
Charitable	activities							11,500	70,840
The total grants paid to institutions					during the year was as follows:
								2021	2020
								E
Chaddleworth		Primary School							36,240
The Church		in Shefford Woodlands							34,600
Rowans Hospice								1,000
Hambledon		Pre-School						2,500
West Somerset Railway			Association					2,000
The Mount	Elgin Foundation							1,000
Mary Arming		Rocks						5,000
								11,500	70,840

	Analysis	of investments	of investments	of investments	type:
									2021	2020
										6
	Equities								1,573,583
	Fixed interest		securities						151,112
	Cash held within the investment					portfolio			34,714
									1,759,409
	Cost or valuation			at 8 April	2021	is represented	by:
										Listed
										investments
										F
	Valuation	in 2021								265,134
	Cost									1,494,275
										1,759,409
11.	CREDITORS:		AMOUNTS		FALLING DUE WITHIN ONE YEAR
									2021	2020
									F	E
	Other creditors								10,643	3
12.	MOVEMENT		IN FUNDS
									Net
									movement	At
							At	9.4.20	in funds	8.4.21
								E	E
	Unrestricted		funds
	General	fund						(3)	1,757,269	1,757,266
	TOTAL	FUNDS						(3)	1,757,269	1,757,266

Net mov	ement	in funds, included	in the above are as follo	ws:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
			F	E	F	E
Unrestricted		funds
General	fund		1,530,455	(38,320)	265,134	1,757,269
TOTAL	FUNDS		1,530,455	(38,320)	265,134	1,757,269