| Page | ||
|---|---|---|
| Trustees' report | 1-2 | |
| Statement oftrustees' | responsibilities | |
| Independent auditor's |
report | 4-6 |
| Statement offinancial |
activities | |
| Balance sheet | ||
| Statement ofcash flows |
||
| Notes to the financial | statements | 10-16 |
| Unrestricted | ||||
|---|---|---|---|---|
| funds | ||||
| 2021 | ||||
| Notes | f | |||
| Income and endowments | from | |||
| Donations and legacies |
3 | 2,372,634 | ||
| Investments | 4 | 40,635 | ||
| Other income | 5 | 51,467 | ||
| Total income | 2,464,736 | |||
| ~E» ttt |
||||
| Charitable activities |
6 | 34,289 | ||
| Net income for the period/ | ||||
| Net movement | in funds | 2,430,447 | ||
| Fund balances at 26August | 2020 | |||
| Fund balances | at 5April 2021 | 2,430,447 |
| 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Notes | 6 | |||||||
| Fixed assets | ||||||||
| Investment properties |
10 | 1,750,000 | ||||||
| Investments | 11 | 669,022 | ||||||
| 2,419,022 | ||||||||
| Current assets | ||||||||
| Debtors | 5,458 | |||||||
| Cash at bank and in | hand | 11,967 | ||||||
| 17,425 | ||||||||
| Creditors: amounts | falling due within | one year | 14 | (6,000) | ||||
| Net current assets | 11,425 | |||||||
| Total assets less current | liabilities | 2,430,447 | ||||||
| Income funds | ||||||||
| Unrestricted funds |
2,430,447 | |||||||
| 2,430,447 | ||||||||
| The financial statements | were approved | by the Trustees on ......................... | ||||||
| Mr D P Kramer | Mr A M | Lesser | ||||||
| Trustee | Trustee |
| 2021 | |||||
|---|---|---|---|---|---|
| Notes | |||||
| Cash flows from operating | activities | ||||
| Cash generated from/(absorbed |
by) | 16 | |||
| operations | 2,338,887 | ||||
| Investing | activities | ||||
| Proceeds | on disposal ofintangibles | 51,467 | |||
| Purchase | ofinvestment property |
(1,750,000) | |||
| Purchase | ofother investments | (669,022) | |||
| Investment | income received | 40,635 | |||
| Net cash | used in investing | activities | (2,326,920) | ||
| Net cash | used in financing | activities | |||
| Net increase in cash and cash |
equivalents | 11,967 | |||
| Cash and | cash equivalents | at beginning | ofperiod | ||
| Cash and | cash equivalents | at | end of | period | 11,967 |
| 4 | Investments | Investments | ||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | ||||
| 2021 | ||||
| F | ||||
| Rental income | 35,281 | |||
| Investment | Portfolio | Income | 5,354 | |
| 40,635 | ||||
| 5 | Other income | |||
| Unrestricted | ||||
| funds | ||||
| 2021 | ||||
| 6 | ||||
| Unrealised | gains on | investments | 51,467 | |
| 6 | Charitable | activities | ||
| 2021 | ||||
| 6 | ||||
| Donations | ||||
| 13,000 | ||||
| Share ofgovernance | costs (see note 7) | 21,289 | ||
| 34,289 |
| Support | Governance | 2021 | ||
|---|---|---|---|---|
| costs | costs | |||
| 6 | ||||
| Audit fees | 6,000 | 6,000 | ||
| Legal and | professional | 12,486 | 12,486 | |
| Property Repairs | 2,761 | 2,761 | ||
| Bank Charges | 42 | 42 | ||
| 21,289 | 21,289 | |||
| Analysed | between | |||
| Charitable | activities | 21,289 | 21,289 |
| Employees | ||||||
|---|---|---|---|---|---|---|
| There were | no employees | whose annual | remuneration | was more than f60,000. | ||
| 10 | Investment | property | ||||
| 2021f | ||||||
| Fair value | ||||||
| At 26August | 2020 | |||||
| Additions through external |
acquisition | 1,750,000 | ||||
| At 5April 2021 | 1,750,000 |
| 11 | Fixed asset investme | nts | (Continued) | |
| Unlisted | ||||
| investmentsf | ||||
| Cost or valuation | ||||
| At 26August 2020 | ||||
| Additions | 669,022 | |||
| At 5April 2021 | 669,022 | |||
| Carrying amount |
||||
| At 05April 2021 | 669,022 | |||
| 12 | Financial instruments |
2021f | ||
| Carrying amount of |
financial assets | |||
| Instruments measured |
at fair value through | profit or loss | 669,022 | |
| 13 | Debtors | |||
| 2021 | ||||
| Amounts faIling due |
within one year: | |||
| Other debtors | 5,458 | |||
| 14 | Creditors: amounts | falling due within one year | ||
| 2021 | ||||
| 6 | ||||
| Accruals and deferred | income | 6,000 | ||
| 15 | Related party transactions |
| 16 | Cash generated from |
Cash generated from |
operations | operations | 2021 | |||
|---|---|---|---|---|---|---|---|---|
| 6 | ||||||||
| Surplus for | the period | 2,430,447 | ||||||
| Adjustments | for: | |||||||
| Investment | income recognised | in | statement | offinancial | activities | (40,635) | ||
| Gain on disposal ofintangible | assets | (51,467) | ||||||
| Movements | in working | capital: | ||||||
| (Increase) | in debtors | (5,458) | ||||||
| Increase in |
creditors | 6,000 | ||||||
| Cash generated from/(absorbed |
by) operations | 2,338,887 |