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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|
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||||2021|2020|
|---|---|---|---|---|
||||Unrestricted|Total|
||||fund|funds|
|||Notes|f|E|
|INCOME AND ENDOWMENTS|FROM||||
|Donations
and legacies|||1,520,000|75,190|
|Investment
income|||10,455||
|Total|||1,530,455|75,190|
|EXPENDITURE ON|||||
|Raising funds|||16,180||
|Charitable
activities|||||
|Charitable
activities|||22,140|75,193|
|Total|||38,320|75,193|
|Net gains on investments|||265,134||
|NET INCOME/(EXPENDITURE)|||1,757,269|(3)|
|RECONCILIATION
OF FUNDS|||||
|Total funds brought forward|||(3)||
|TOTAL FUNDS CARRIED FORWARD|||1,757,266|(3)|
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||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||
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|RECONCILIATION
ACTIVITIES|OF|NET INCOME/(EXPE|NDITURE)
TO NET CAS|H FLOW FROM O|PERATING|
|---|---|---|---|---|---|
|||||2021|2020|
|||||8|5|
|Net income/(expenditure)||for the reporting|period (as per the|||
|Statement ofFinancial||Activities)||1,757,269|(3)|
|Adjustments
for:||||||
|Losses on investments||||(265,134)||
|Interest received||||(10,455)||
|Increase
in creditors||||10,640||
|Net cash provided|by operations|||1,492,320||
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|ANALYSIS OF CHANGES
IN NET F|UNDS|||
|---|---|---|---|
||At 9.4.20|Cash flow|At 8.4.21|
||5|E||
|Net cash||||
|Cash at bank||8,500|8,500|
|||8,500|8,500|
|Total||8,500|8,500|
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|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|
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|Support|costs, included|in the above, are as follows:|||
|---|---|---|---|---|
|Governance costs|||||
||||2021|2020|
||||Charitable|Total|
||||activities|activities|
||||6||
|Auditors'|remuneration||2,000||
|Legal fees|||8,640|4,353|
||||10,640|4,353|
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|COMPARATIVES FOR THE ST|ATEMENT OF FINANCIAL ACT|IVITIES|
|---|---|---|
|||Unrestricted|
|||fund|
|||E|
|INCOME AND ENDOWIIIIENTS|FRONI||
|Donations
and legacies||75,190|
|EXPENDITURE ON|||
|Charitable
activities|||
|Charitable
activities||75,193|
|NET INCOME/(EXPENDITURE)||(3)|
|TOTAL FUNDS CARRIED FORWARD||(3)|
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|FIXEDASSET INVESTMENTS||
|---|---|
||Listed|
||investments|
||F|
|MARKET VALUE||
|Additions|1,494,275|
|Revaluations|265,134|
|At 8 April 2021|1,759,409|
|NET BOOK VALUE||
|At 8 April 2021|1,759,409|
|At 8 April 2020||
||Analysis|of investments|of investments|of investments|by|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|
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|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|
##
|Compar|atives|for moveme|nt
in fun|ds||||
|---|---|---|---|---|---|---|---|
|||||||Net||
|||||||movement|At|
|||||||in funds|8.4.20|
|||||||F||
|Unrestricted||funds||||||
|General|fund|||||(3)|(3)|
|TOTAL|FUNDS|||||(3)|(3)|
|Comparative||net movement|in funds,|included|in the above are as follows:|||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
||||||E|F|E|
|Unrestricted||funds||||||
|General|fund||||75,190|(75,193)|(3)|
|TOTAL|FUNDS||||75,190|(75,193)|(3)|
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