##
#
##
##
|Trustees|||RD Leech|||||
|---|---|---|---|---|---|---|---|
||||AC Gifford|||||
||||DA Stabler|||||
||||8Wallace|||||
||||DA Wilkinson|||||
|Charity|number||1186957|||||
|Principal|address||cro Robson|Laidler Accountants|||Ltd|
||||Fernwood|House||||
||||Fernwood|Road||||
||||Jesmond|||||
||||Newcastle|upon|Tyne|||
||||NE2 1TJ|||||
|Auditor|||Robson Laidler Accountants|||Limited||
||||Statutory
Auditor|||||
||||Fernwood|House||||
||||Fernwood|Road||||
||||Jesmond|||||
||||Newcastle|upon|Tyne|||
||||NE2 1TJ|||||
|Solicitors|||Muckles
I LP|||||
||||Time Central|||||
||||32 Gallowgate|||||
||||Newcastle|upon|Tyne|||
||||NE1 ABF|||||
|Investment||managers|Investec Wealth||and Investment||Limited|
||||2 Gresham|Street||||
||||London|||||
||||EC2V 7QN|||||
##
|||Page|
|---|---|---|
|Trustees'
report|||
|Independent
auditor's|report|5-7|
|Statement offinancial|activities||
|Balance sheet|||
|Statement
ofcash flows||10|
|Notes to the financial|statements|11-19|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Unrestricted|Tota I|
|---|---|---|---|---|---|
||||funds|funds||
||||general|Lady Leech||
||||2021|2021|2021|
|||Notes|6|F||
|~l||||||
|Donations
and legacies||2|15,808,746|2,462,401|18,271,147|
|Investments||3|416,082|71,153|487,235|
|Total income|||16,224,828|2,533,554|18,758,382|
|Raising funds||4|93,447|15,974|109,421|
|Charitable
activities||5|627,996|59,310|687,306|
|Total resources expended|||721,443|75,284|796,727|
|Net gains/(losses)|on investments|9|2,856,532|544,102|3,400,634|
|Net movement
in|funds||18,359,917|3,002,372|21,362,289|
|Fund balances at 16December 2019||||||
|Fund balances at|31 March 2021||18,359,917|3,002,372|21,362,289|
##
##
##
||||||||2021|
|---|---|---|---|---|---|---|---|
|||||||Notes||
|Fixed assets||||||||
|Investment|properties|||||10|598,680|
|Investments||||||11|18,963,681|
||||||||19,562,361|
|Current assets||||||||
|Debtors||||||12|541,583|
|Cash at bank and||in||hand|||1,285,479|
||||||||1,827,062|
|Creditors:|amounts|||falling due within one year||13|(27,134)|
|Net current|assets||||||1,799,928|
|Total assets less||current|||liabilities||21,362,289|
|Income funds||||||||
|Unrestricted|funds|-|I|ady Leech|||3,002,372|
|Unrestricted|funds|-|general||||18,359,917|
||||||||21,362,289|
##
##
##
|||||||2021||
|---|---|---|---|---|---|---|---|
||||||Notes|||
|Cash flows from operating
activities||||||||
|Cash absorbed
by operations|||||16||(795,873)|
|Investing|activities|||||||
|Cash transferred
from old charity||||||982,814||
|Purchase|ofother investments|||||(2,867,860)||
|Proceeds|on disposal ofother investments|||||3,479,163||
|Investment|income received|||||487,235||
|Net cash|generated
from/(used|in) investing||activities|||2,081,352|
|Net cash|used
In financing
activities|||||||
|Net increase
in cash and cash||equivalents|||||1,285,479|
|Cash and|cash equivalents
at beginning||ofyear|||||
|Cash and|cash equivalents
at|end of|year||||1,285,479|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Concessionary|Concessionary|Concessionary|loans|are|initially|measured|measured|in the financial statements|in the financial statements|in the financial statements|at the amount
paid, adjusted|at the amount
paid, adjusted|at the amount
paid, adjusted|for any|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|amount|which||is deemed||irrecoverable.||Subsequent||valuations|are also at cost where advantage|||has been||
|taken of|the exemption|||available||to public||benefit organisations||not to discount such loans.|||||
|Donations||and legacies|||||||||||||
|||||||||||Unrestricted||Unrestricted||Total|
||||||||||||funds|funds|||
||||||||||||general|Lady Leech|||
||||||||||||2021|2021||2021|
||||||||||||E|6||6|
|Donations||and|gifts||||||||15,808,746|2,462,401|18,271,147||
|Donations||and gifts|||||||||||||
|William|Leech||Charity||||||||15,808,746|2,462,401|18,271,147||
||||||||||||15,808,746|2,462,401|18,271,147||
##
##
##
##
##
##
|||Unrestricted|Unrestricted|Total|
|---|---|---|---|---|
|||funds|funds||
|||general|Lady Leech||
|||2021|2021|2021|
|||f.|f||
|Rental|income|41,869||41,869|
|Income|from listed investments|373,531|71,149|444,680|
|Interest|receivable|682|4|686|
|||416,082|71,153|487,235|
##
|||||Unrestricted|Unrestricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds||
|||||general|Lady Leech||
|||||2021|2021|2021|
|||||f|f||
|~P|||||||
|General|property|running|costs|10,557||10,557|
|Agents commissions||||6,427||6,427|
|Insurance||||4,973||4,973|
|Legal fees||||10,035||10,035|
|Property|costs|||31,992||31,992|
|||||61,455|15,974|77,429|
|||||93,447|15,974|109,421|
##
##
##
##
|||||Grant|
|---|---|---|---|---|
|||||making|
|||||costs|
|||||2021|
|||||f|
|Secretarial|support|||111|
|Computer|costs|||9,322|
|Bookkeeping||and support||7,308|
|||||16,741|
|Grant funding||of activities (see note 6)||666,255|
|Share of support costs (see note 7)||||1,094|
|Share ofgovernance|||costs (see note 7)|3,216|
|||||687,306|
|Analysis|by|fund|||
|Unrestricted||funds -|general|627,996|
|Unrestricted||funds -|Lady Leech|59,310|
|||||687,306|
|Grants payable|||||
|||||Grant|
|||||making|
|||||costs|
|||||2021f|
|Grants to|institutions||(80 grants):||
|Main fund||||606,945|
|Lady Leech fund||||59,310|
|||||666,255|
##
##
##
|Support|costs||||
|---|---|---|---|---|
|||Support|Governance|2021|
|||costs|costs||
|||6|6||
|Legalfees||1,032||1,032|
|Bank charges||62||62|
|Audit fees|||3,216|3,216|
|||1,094|3,216|4,310|
|Analysed|between||||
|Charitable|activities|1,094|3,216|4,310|
##
##
||||Unrestricted|Unrestricted|Total|
|---|---|---|---|---|---|
||||funds|funds||
||||general|Lady Leech||
||||2021|2021|2021|
||||f|6||
|Revaluation|of|investments|2,743,827|522,634|3,266,461|
|Gain/(loss)|on|sale of investments|112,705|21,468|134,173|
||||2,856,532|544,102|3,400,634|
##
|Investment
property||
|---|---|
||2021|
||6|
|Fair value||
|At 16 December 2019||
|Additions|598,680|
|At 31 March 2021|598,680|
##
##
##
##
||||Listed|
|---|---|---|---|
||||investments|
||Cost or valuation|||
||At 16December 2019|||
||Additions||19,042,208|
||Valuation
changes||3,266,460|
||Disposals||(3,344,987)|
||At 31 March 2021||18,963,681|
||Carrying
amount|||
||At 31 March 2021||18,963,681|
|12|Debtors|||
||||2021|
||Amounts
falling due|within one year:|6|
||Northern
Homes & Estates||10,346|
||Concessionary
loans|to charities|122,000|
||Other debtors||53|
||Prepayments
and accrued income||35,184|
||||167,583|
||||2021|
||Amounts
falling due|after more than one year:|F|
||Concessionary
loans|to chanties|374,000|
||Total debtors||541,583|
|13|Creditors: amounts|falling due within one year||
||||2021|
||||6|
||Trade creditors||5,973|
||Accruals and deferred|income|21,161|
||||27,134|
##
##
##
|14|Analysis||of net assets between|funds|||||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Lady Leech|Tota I|
|||||||funds|fund||
|||||||2021|2021|2021|
||||||||6||
||Fund balances at 31 March 2021|||are represented|by:||||
||Investment||properties|||598,680||598,680|
||Investments|||||15,967,021|2,996,660|18,963,681|
||Current|assets/(liabilities)||||1,799,928||1,799,928|
|||||||18,365,629|2,996,660|21,362,289|
##
|16|Cash generated
from operations|Cash generated
from operations|||2021f|
|---|---|---|---|---|---|
||Surplus
for the year||||21,362,289|
||Adjustments
for.|||||
||Investment
income recognised|in statement|offinancial|activities|(487,235)|
||Non cash donation||||(18,271,149)|
||Gain on disposal of investments||||(134,173)|
||Fair value gains and losses on|investments|||(3,266,461)|
||Movements
in working
capital:|||||
||Decrease
in debtors||||9,177|
||(Decrease)
in creditors||||(8,321)|
||Cash absorbed
by operations||||(795,873)|
|17|Analysis ofchanges
in net funds/(debt)|||||
||The charity
had no debt during|the year||||
##
##
##
|Main fund|||||f.|
|---|---|---|---|---|---|
|Newcastle
University|||||348,682|
|The Gateway
Church|||||3,000|
|Henry Dancer Days|||||2,000|
|Womans Aid NE|||||500|
|Noah Evans|||||500|
|Age UK Northumberland|||||1,000|
|Crisis Skylight|||||2,000|
|Veterans at Ease|||||2,000|
|Blyth Star Enterprises|||||2,500|
|Support through
Court|||||1,000|
|Hopespring|||||1,500|
|93rd Newcastle
Scouts Group|||||2,000|
|Cowpen
Quay Community|||Association||1,500|
|Clowns
in the Sky|||||2,000|
|Blood Bikes|||||10,000|
|Tyneside
Womens
Health|||||1,000|
|The Parish of High Spen|||||500|
|Victims First Northumbria|||||800|
|British Dyslexics|||||1,000|
|The Bnttle Bone Society|||||800|
|Amble Community
Sports Development||||Centre|1,500|
|The Natural
History Trust|||||2,000|
|Sunderland
Amateur|Boxing Club||||3,500|
|Royal Theatre Sunderland|||||2,500|
|Blue Sky Trust|||||2,000|
|Sunderland
Maritime|||||1,000|
|Gateshead
and South|||||3,500|
|Bellingham
Parochial|Society||||4,000|
|Cleveland
Housing|||||1,000|
|STAGS|||||1,000|
|The Royal Airforce|||||2,000|
|Age UK Gateshead|||||2,000|
|Woodhouse
Close|||||2,000|
|Beyond
Limits|||||2,000|
|Dementia
Matters|||||3,000|
|Tall Ships Youth Trust|||||3,000|
|PDSA|||||1,500|
|Newcastle
City Centre||Chaplaincy|||1,000|
|Hunntingtons
Disease||Association|||2,000|
|LUPUS UK|||||2,000|
|Action for Children|||||3,000|
|St Bartholomew
Church|||||2,000|
|NC & EC - Shieldfield|||||2,000|
|St Oswald's
Hospice|Ltd||||35,000|
|Northern
Citrines
Marching|||Band||500|
|Ashington
Vetrans
and||Iders Institute|||1,500|
|Allington
House Community|||Associtation||1,000|
|Tees River Trust|||||1,000|
|Spennymoor
Town Band|||||1,000|
|Hexham Abbey|||||2,500|
|Blyth Resource
& Initiative|||Trust||2,000|
|Stamfordham
Playing||Field|and Village|Hall|2,500|
|NEPACS|||||2,500|
|The Almshouse
Association|||||2,000|
##
##
##
##
|Main fund continued|Main fund continued|Main fund continued||
|---|---|---|---|
|Special Play &
I eisure After School Hours||||
|Clervaux
Trust Ltd|||2,000|
|The Sick Childrens||Trust|2,500|
|Newcastle
NHS Foundation|||100,000|
|The Douglas Bader||Foundation|2,000|
|Gateway
North East|||5,000|
|Youth Ministry Trust|||5,000|
|Myaware|||1,000|
|NeuroActive
UK|||1,050|
|Teeside Hospice|||1,113|
|Total main fund|||606,946|
|Lady Leech|||6|
|Team Kenya|||3,000|
|UNICEF|||3,000|
|Ngorongori
Education|||1,000|
|COCO|||3,000|
|Aid For Relief|||5,000|
|The Shamba Trust|||2,000|
|The Northumberland||Magazine|2,000|
|The Peru Mission|||5,210|
|Trinity Church
Gosforth|||1,000|
|The Northumbrian|Chirapat||8,600|
|The Peru Mission|||22,500|
|Ghanaian
Childrens||Trust|3,000|
|Total Lady Leech|||59,310|
|TOTAL GRANTS PAYABLE|||666,255|