##
##
##
|INTRODUCTION||||3|
|---|---|---|---|---|
|REPORT OF THE TRUSTEES.||||5|
|OBJECTIVES OFTHE CHARITY AND||ACTIVITIES FOR THE PUBLIC BENEFIT .||5|
|WHAT WE PLANNED TO DO, WHAT|WE||ACHIEVED, WHAT WE LEARNED. .|5|
|CHARITABLE ACTIVITIES ..||||.7|
|Public Benefit.||||. 7|
|Direct Grants .||||. 7|
|Rent Subsidies||||.8|
|Monitoring
Achievement.
CHARITABLE ACTIVITIES ..||||. 8
9|
|Child Support Grants. .
Indi vidual Education
Grants.|.|||. 10
. 11|
|Regularly Funded Organisations
Crisis Grants. .|||(RFOs) ..|. 11
12|
|COVID-19 (C-19)Emergency
Project Funding
.
Crossroads
Care .||Fund ..||12
13
15|
|Charitable
Activity Funding|2020-2021 .|||16|
|PROPERTY REVIEW..||||17|
|FINANCIAL
REVIEW ..||||19|
|Overview.||||19|
|Personnel
and Remuneration.||||19|
|Total Return.||||19|
|Investment
Policy
Reserves Policy.
Risk management.
.
PLANS FOR THE FUTURE.||||19
19
20
20|
|Core Funding
Programme.
Education
and employment.||||20
21|
|Exceptional
Spend.
Grant Management
System
Technology.
oneRichmond
.|(GMS)..|||21
21
21
21|
|Partnerships
.
Queen's Road Development.||||21
21|
|Strategic Plan .
STRUCTURE, GOVERNANCE
AND MANAGEMENT.||||21
22|
|ADMINISTRATIVE
INFORMATION.||||23|
|STATEMENT OF TRUSTEES RESPONSIBILITIES .||||24|
##
##
##
##
##
##
##
##
##
##
##
##
|nd add|itional
counselling
and therapies|may also be need|ed.||||
|---|---|---|---|---|---|---|
||Barnes Primary School||||1,890||
||Christ's CofESchool||||15,120||
||Darell Primary School||||5,940||
||Deer Park School||||810||
||East Sheen Primary School||||3,375||
||Grey Court School||||14,310||
||HolyTrlnity
C ofE Primary School||||5,805||
||Kew Riverside
Primary School||||4,455||
||Lowther Primary School||||7,425||
||Marshgate
Primary School||||5,265||
||Meadlands
Primary School||||4,995||
||Richmond
Park Academy||||12,960||
||Sheen Mount Primary School||||2,835||
||StElizabeth RC Primary School||||1,080||
||St Mary Magdalen's
Primary||||3,375||
||StOsmund's
Catholic Primary||||1,215||
||St Richard's
Primary School||||7,425||
||The Queen's CofE Primary||||2,430||
||The Russell School||||4,860||
||Thomson
House School||||4,455||
||Vineyard
Primary School||||2,295||
||Windham
Nursery||||1,485||
||||||113,805||
|"Wewere really pleased to be able to direct some ofthe money to support catch up booster classes for
pupils
most affected
by the Lockdown.
This has enabled
us to offer some one-to-one
catch up. Our
evaluations
ofthe impact ofthe first term ofthis has been very encouraging
with some children
making
up for more than the 12weeks of school they missed. "
StRichard's
Primary School|||||||
##
##
##
##
|Achieving
for Children (9)||119,$00|Mor tleke Community
Association (2l|Mor tleke Community
Association (2l|Mor tleke Community
Association (2l|14,998|
|---|---|---|---|---|---|---|
|Action Attainment
(2)||16,847|Multi oultural Rlohmond|||7.600|
|ADHD Richmond
9rKingston||9.696|My Life Films (3)|||39,865|
|Age UK. Riohmond
ArtsrSoul
(2)||32,200
15,820|Off the Reoord (41
oneRlchmond|||49.678
20,679|
|ASCA Addiotion Support||20,795|Orange Tree Theatre(2)|||26.000|
|Barn as Community
Arts Centre||20.000|Otaker KrausMusio
Therapy(4)|||22,473|
|Barnes Community
Association||3.263|Pensford Tennis Club|||2,000|
|Beautifully Made Foundation||13,840|Petersham
fk Ham Scouts|||10.000|
|Brighter Together||7.437|Plctologue
(2)|||20.000|
|Cambrian Centre (2)||53,000|Princess Alice Hospice (2)|||44,992|
|Cassel Hospital||5.925|RAKAT Aooesslble Transport|||19.$95|
|Castelnau
Community
Centre|(2)|27,234|RBMind (3)|||53,646|
|Central 9rCeoll Housing (3l
Citizens Advice Bureau (2)||12,850
$5.634|Rlohmond
AID(3)
Riohmond Carers Centre (3)|||54.204
54,618|
|Cluster Group ofHeadteaohers||9.000|Richmond CVS|||14.775|
|Collective Arts||9,636|Riohmond
EALFriendship
Group|||10,000|
|Crossroads Care (3)||51,288|Richmond
Furniture Scheme (2)|||6.750|
|Crossw ay Pregnanoy (3)
Dawel Primary School
(2)||27,000
2.300|Richmond Good Neighbours
Richmond Menoap (2)|||10,000
26,793|
|Deer Park Sohool||1.000|Richmond Musio Trust|||20.000|
|Dose ofNature (3l||70.000|Richmond
Rugby Club (2)|||25.440|
|DSSport
EastSheen Primary
Sohool
FiSH,Barnes 6rMortlake (2)||10,000
9.475
5,500|Richmond Users Independent
River Thames BoatPro)cot
Riverbank
Trust (3)|Living||18,542
$,000
35,900|
|Friends ofMeadlands||5.000|RNLI|||1$.000|
|Grey Coun Soho of
Ham 9rPetersh
am SOS||11,298
11.100|Room for Work(2)
Royal Botanic Gardens (2)|||12,388
26.6$8|
|Holy Trinity Primary School
Home Stat (2)
Integrated
Neuro. Semloes (3)||17,138
16,100
59.107|Skylarks (2)
Smallpeice Trust
SPEAR(4)|||19,832
6,000
96.000|
|Intergenerational
Muslo||5,000|St.Richards Primary School PTA|||33,726|
|Kew Neighbourhood
(2)||25.700|South West London Stroke Club|||6,000|
|Kew Riverside Primary School||5,000|Spaoe2Grieve|||19.940|
|Klok Academies
(2)
Kingston Advooaoy Group
LBRuT||43,227
3,000
10.000|TAGYouth Club(4)
The Conservation
Volunteers
The Harlequtns
Foundation|||3$,069
9.600
10,000|
|Learn English at Home||25,000|The Mulberry Centre|||12,000|
|Let's GoOutside
8rLearn||20.515|The Real Junk Food Pro(sot|||950|
|Locality Group of Headteaohers||15,000|The Russell Sohool|||4.516|
|Lowther Primary School
LYATrust (3)||25.000
39,543|Thomson House Sohool
Through the Noise|||1,800
3.600|
|Marble Hill Play Centre
Marshgate
Primary School||15.000
10.000|Vineyard Community
Centre (4)
Voloes ofHope (2)|||$5,230
35,000|
|Meadlands
Primary Sohool||5,314|Weloare (2)|||12,475|
|MiD Mediation (2)||16,000|Westerley Ware Association|||250|
|Middlesex Assn. Iorthe Blind||6,500|Prior year adlustment|||65|
|Sub-total||998,782|Sub-total|||1,031.717|
|Eduoatlon grants to indivldua|Is|53,386|Total direct grants toorganisatlons|||2.030.499|
|Crisis Grants
Grants to individuals||148,275
199.661|Child Suppon Grants
Grants toOrganisations|||113,805
2.144.304|
|Grants toindividuals||199,661|Rent subsidies - families|||478.543|
|Grants to organlsations||2.144.304|Rent subsidy - charity||shop|11.669|
|Total direct grants||2.343.965|Total rent subsidies|||490.212|
|Total Charitable
Activities||2.834,177|||||
##
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##
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##
##
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##
##
##
##
|Income and Expenditure|||Note|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds
6|funds|2021f|2020
6|
|Income||||||||
|Donations
and gifts|||||39,984|39,984||
|Charitable
property|||2|777,009||777,009|780,579|
|Investment
property||||393,125||393,125|456,963|
|Investment
income|||3|1,519,284||1,519,284|1,507,109|
|Gain on disposal of property|||7||507,140|507,140||
|Total income||||2,689,418|547,124|3,236,542|2,744,615|
|Expenditure||||||||
|Cost of raising funds:||||||||
|Investment
property||||186,007||186,007|219,857|
|Management
fees|||||163,909|163,909|154,622|
|Loss on disposal of property|||||||2,492|
|||||186,007|163,909|349,916|376,971|
|Charitable
activities|||4|2,924,413|500,000|3,424,413|2,931,515|
|Total expenditure|||4|3,110,420|663,909|3,774,329|3,308,486|
|Net expenditure
before other||||||||
|recognised
gains and losses||||(421,002)|(116,785)|(537,787)|(583,835)|
|Net gain/(loss)
on investments||||5,725|4,301,616|4,307,341|1,182,323|
|Unrealised
gain on revaluation||of||||||
|property|||||4,103,500|4,103,500|7,554,300|
|Net income before transfers||||(415,277)|8,288,331|7,873,054|8,172,788|
|Transfers
between
funds||||79,335|(79,335)|||
|Net movement
in funds||||(335,942)|8,208,996|7,873,054|8,172,788|
|Total funds carried forward|1 July|||||||
|2020|||12|2,110,746|105,507,428|107,618,174|99,445,386|
|Total funds carried forward||||||||
|30June 2021|||12|1,774,804|113,716,424|115,491,228|107,618,174|
|||Note|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|2021|2020|
||||E|E|E|E|
|Fixed assets|||||||
|Freehold
land and|buildings|||55,893,750|56,893,750|54,055,250|
|Investment
properties||||11,589,255|11,589,255|13,547,822|
|Other investments|||44,705|45,394,352|45,439,058|38,992,350|
|Other fixed assets|||||||
||||44,706|113,877,357|113,922,063|106,595,432|
|Current assets|||||||
|Debtors||10|657,090|19,992|587,082|480,347|
|Cash at bank and|in hand||1,320,574||1,320,574|800,154|
||||1,987,664|19,992|2,007,656|1,280,501|
|Current
liabilities|||||||
|Creditors
and accruals|||(257,565)|(180,925)|(438,491)|(257,759)|
||||(257,566)|(180,925)|(438,491)|(257,759)|
|Net current assets|||1,730,098|(160,933)|1,569,165|1,022,742|
|Total net assets||13|1,774,804|113,716,424|115,491,228|107,618,174|
|Represented
by:|||||||
|Restricted funds:|||||||
|Endowment
fund||12||113,553,373|113,553,373|105,330,947|
|Barnes Charities|funds|12||123,057|123,057|178,481|
|oneRichmond
fund||12||39,984|39,984||
|Unrestricted
funds:|||||||
|General reserves||12|1,774,804||1,774,804|2,055,378|
|Barnes charities||12||||55,368|
|Total funds||12|1,774,804|113,716,424|115,491,228|107,618,174|
##
|||Note|Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|2021|2020|
|||||C|6|6|
|Cash flows from operating|||||||
|activities|||||||
|Net cash utilised
by operating|||||||
|activities||16|(2,038,407)|(355,678)|(2,394,085)|(1,902,930)|
|Cash flows from investing|||||||
|activities|||||||
|Rent from investment
properties|||393,125||393,125|456,963|
|Dividends
received|||1,518,003||1,518,003|1,503,505|
|Interest received|||1,281||1,281|3,604|
|Land and buildings
planning|and||||||
|development
cost||||(21,433)|(21,433)|(30,514)|
|Sale of land and buildings||||3,252,140|3,252,140|640,358|
|Purchase ofinvestments|||(9,695)|(3,484,800)|(3,494,495)|(627,577)|
|Sale ofinvestments|||881,115|384,769|1,265,884||
|Net cash provided
by investing|||||||
|activities|||2,783,829|130,676|2,914,505|1,946,339|
|Cash flows from financing|||||||
|activities|||||||
|Increase
in cash and cash|||||||
|equivalents
in the year|||745,422|(225,002)|520,420|43,409|
|Cash and cash equivalents|at the||||||
|beginning
ofthe year|||575,152|225,002|800,154|756,745|
|Cash and cash equivalents|at||||||
|the end ofthe year|||1,320,574||1,320,574|800,154|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|
||||funds|funds|Total|Total|
||||2021
8|2021|2021f|2020
8|
|Residential|income||718,087||718,087|712,276|
|Non-residential||income|58,922||58,922|68,303|
||||777,009||777,009|780,579|
##
|||Unrestricted|Endowment|||
|---|---|---|---|---|---|
|||funds|funds|Total|Total|
|||2021
8|2021
5|2021f|2020
5|
|Income|from investments|1,518,003||1,518,003|1,503,505|
|Money|market interest|1,281||1,281|3,604|
|||1,519,284||1,519,284|1,507,109|
##
##
|le
and other activities ar|le
and other activities ar|e as follows:|||||
|---|---|---|---|---|---|---|
|Unrestricted
funds:||||Other|||
||||Staffcosts|expenditur|Total|Total|
|||||e|||
||||2021|2021f|2021|2020|
|Cost of Raising Funds:|||||||
|Investment
property|costs:||||||
|Direct costs||||135,909|135,909|166,638|
|Support costs|||32,579|17,519|50,098|53,219|
|Total cost of raising|funds||32,579|153,428|188,007|219,857|
|Charitable
activities:|||||||
|Grants expenditure:|||||||
|Direct grants expenditure||(note 5)||2,343,965|2,343,965|1,760,742|
|Support costs|||101,298|43,798|145,096|108,270|
||||101,298|2,387,763|2,489,061|1,869,012|
|Charitable
property|expenditure;||||||
|Direct costs||||319,110|319,110|397,818|
|Support costs|||49,460|17,519|66,979|90,678|
||||49,460|336,629|386,089|488,496|
|Governance:|||||||
|Support costs|||40,503|8,760|49,263|54,007|
||||40,503|8,760|49,263|54,007|
|Total charitable
activities|||191,261|2,733,152|2,924,413|2,411,515|
|Total expenditure|from||223,840|2,888,580|3,110,420|2,831,372|
|unrestricted
funds|||||||
##
##
|||||||
|---|---|---|---|---|---|
|Resources expende|d|(continued)||||
|||||Total|Total|
|Endowment
funds:||||2021|2020|
|||||F|F|
|Cost ofGenerating|Funds:|||||
|Investment
management||costs||163,909|154,622|
|Depreciation||||500,000|520,000|
|Loss on disposal of|property||||2,492|
|Total expenditure|from endowed||funds|663,909|677,114|
|Total expenditure||||3,774,329|3,308,486|
##
|Charitable|ac|tiv|ities|||
|---|---|---|---|---|---|
|||||Total|Total|
|||||2021f|2020
8|
|Organisations,|||2021 Awards 110(2020 —96)|||
|Regularly|funded||organisations|419,712|437,110|
|Projects||||886,030|750,985|
|C OVID||||618,503|193,788|
|Child support||||113,805|89,040|
|Other||||106,254|81,630|
|||||2,144,304|1,552,553|
|Individuals,||2021 Awards 472 (2020 —426)||||
|Crisis||||146,275|142,297|
|Education||||53,386|65,892|
|Direct grants||expenditure||2,343,965|1,760,742|
|subsidies
gran|ted
to charitable
tenants
when setting the|ir current charitable
rents.||
|---|---|---|---|
|Reconciliation|of grants payable:|Total|Total|
|||2021|2020|
|||6|6|
|Commitments|brought
forward|11,266||
|Commitments|made
in the year|2,343,965|1,760,742|
|||2,355,231|1,760,742|
|Grants
paid during
the year||(2,279,041)|(1,749,476)|
|Commitments|carried forward|76,190|11,266|
##
##
|Employees'|emoluments|2021|2020|
|---|---|---|---|
|||E|E|
|Wages and|salaries|190,559|193,823|
|Social security costs||16,852|8,552|
|Pension costs||16,429|15,914|
|||223,840|218,289|
##
|reimbursed
ex|penses
in the year (2020-FNil)|||
|---|---|---|---|
|||2021|2020|
|Management|emoluments|E|E|
|Wages and salaries||114,146|114,319|
|Social security|costs|12,972|12,079|
|Pension costs||10,163|10,114|
|||137,281|136,512|
##
##
|pment
which has been valued|at cost as it is curre|ntly
an asset in the co|urse of constructio|n.|
|---|---|---|---|---|
|||Residential|Other||
|||properties|charitable|Total|
||||8|F|
|Endowment
Fund: Charitable|Properties:||||
|Valuation|||||
|At 1 July 2020||42,930,250|11,125,000|54,055,250|
|Disposal||(2,055,000)||(2,055,000)|
|Revaluation
of properties||5,008,500|(108,000)|4,900,500|
|Valuation
at 30June 2021||45,883,750|11,017,000|56,900,750|
|Depreciation|||||
|At 1 July 2020|||||
|Disposal|||||
|Charge for the year||(493,000)|(7,000)|(500,000)|
|Written back on revaluation||493,000||493,000|
|Depreciation
at 30June 2021|||(7,000)|(7,000)|
|Net book value|||||
|At 30June 2021||45,883,750|11,010,000|56,893,750|
|At 30June 2020||42,930,250|11,125,000|49,223,800|
##
##
|Restricted|Restricted|funds:|Investment|Investment|||||
|---|---|---|---|---|---|---|---|---|
|Properties|||||Vestry &||||
||||||Dickson|Residential|Queen's
Road||
||||||Houses|Propertiesf|Development
8|Total|
|Valuation||at 1 July|2020||3,235,000|10,050,000|262,822|13,547,822|
|Planning|and development|||costs|||21,433|21,433|
|Additions|||||||||
|Disposals||||||(690,000)||(690,000)|
|Revaluation|||||(455,000)|(835,000)||(1,290,000)|
|Cost and|valuation||at 30|June 2021|2,780,000|8,525,000|284,255|11,589,255|
##
##
|ovements|in the inve|stments
have been|as follows:|||||
|---|---|---|---|---|---|---|---|
|||2021|2021|2021|2020|2020|2020|
|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|Valuation|brought|||||||
|forward||||||||
|Unrealised
prior year|appreciation,|1,313,006
(406,783)|37,679,354
(2,694,231)|38,992,360
(3,101,014)|1,278,845
(377,419)|35,903,615
(1,541,272)|37,182,460
(1,918,691)|
|Cost brought
forward||906,223|34,985,123|35,891,346|901,426|34,362,343|35,263,769|
|Additions|at cost|9,695|3,484,800|3,494,495||||
|Disposals|at cost|(881,115)|(384,769)|(1,265,884)|4,797|622,780|627,577|
|Cost carried forward||34,803|38,085,154|38,119,957|906,223|34,986,123|35,891,346|
|Unrealised|appreciation,|9,902|7,309,198|7,319,100|406,783|2,694,231|3,101,014|
|current year||||||||
|Valuation|carried|44,706|45,394,352|45,439,058|1,313,006|37,679,354|38,992,360|
|forward||||||||
|ments
at|the balance|sheet date comprise:||||||
|||2021|2021|2021|2020|2020|2020|
|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|Listed securities||||||||
|Other fixed interest||||||||
|COIF||44,706|202,402|247,108|38,981|176,481|215,462|
|Equities||||||||
|||44,706|202,402|247,108|38,981|176,481|215,462|
|Unit trusts|and funds||45,189,858|45,189,858|1,265,505|37,437,587|38,703,092|
|Cash held|by||2,092|2,092|8,520|65,286|73,806|
|investment|managers|||||||
|Total investments||||||||
|at market value||||||||
|||44,706|45,394,352|45,439,058|1,313,006|37,679,354|38,992,360|
##
##
##
|10|Debtors||||
|---|---|---|---|---|
||||2021|2020|
|||||F|
||Amounts|due within one year:|||
||Unrestricted
funds||||
||Rent and|service charges|62,273|47,768|
||Amounts|in hands ofagents|60,687|36,569|
||Dividends|and interest receivable|303,931|326,940|
||Interfund|debtor|180,925||
||Other debtors and prepayments||59,274|69,070|
||||667,090|480,347|
||Restricted funds||||
||Other debtors and prepayments||19,992||
|11|Creditors|and accruals|||
||||2021|2020|
||||6||
||Amounts|due within one year:|||
||Unrestricted
Funds||||
||Trade creditors||33,792|27,869|
||Taxation|and social security costs||3,957|
||Deferred|income|73,935|78,872|
||Sundry creditors and accruals||149,839|147,061|
||||257,566|257,759|
||Restricted
Funds||||
||Interfund|creditor|180,925||
||Sundry creditors and accruals|||4,010|
||Total||180,926|4,010|
##
##
|Unrestricted
funds|Unrestricted
funds|Brought|||Gains/|Transfers|Carried|
|---|---|---|---|---|---|---|---|
|||Forward|Income|Expenditure|(losses)|in/(out)|Forward|
|||E|E|E|E|E|E|
|General funds||||||||
|General reserves||2,055,378|2,680,697|(2,961,271)|||1,774,804|
|Barnes charities||55,368|8,721|(149,149)|5,725|79,335||
|||2,110,746|2,689,418|(3,110,420)|5,725|79,335|1,774,804|
|Total unrestricted||||||||
|funds||2,110,746|2,689,418|(3,110,420)|5,726|79,335|1,774,804|
|Endowment
funds||||||||
|Permanent
endowment||||||||
|fund||69,889,159||||700,000|70,589,159|
|Unapplied
total return||35,441,788|507,140|(663,909)|8,379,195|(700,000)|42,964,214|
|Barnes Charities|funds|176,481|||25,921|(79,335)|123,067|
|Other||||||||
|oneRichmond
fund|||39,984||||39,984|
|Total restricted|funds|105,507,428|547,124|(663,909)|8,405,116|(79,335)|113,716,424|
|Totalfunds||107,618,174|3,236,542|(3,774,329)|8,410,841||115,491,228|
##
|Unrestricted
funds|Unrestricted
funds|Brought|||Gains/|Transfers|Carried|
|---|---|---|---|---|---|---|---|
|||Forward|Income|Expenditure|(losses)|in/(out)|forward|
|||E|E||E|E|E|
|Generalfunds||||||||
|General reserves||1,904,361|2,738,054|(2,615,224)|28,187||2,055,378|
|Barnes charities||63,742|6,597|(16,148)|1,177||55,368|
|||1,968,103|2,744,651|(2,631,372)|29,364||2,110,746|
|Total unrestricted||||||||
|f Vitri s||1,968,103|2,744,661|(2,631,372)|29,364||2,110,746|
|Endowrnentfunds||||||||
|Permanent
fund||68,856,159||||1,033,000|69,889,159|
|Unapplied
total return||28,449,973||(677,114)|8,731,293|(1,033,000)|35,441,788|
|Barnes Charities||171,151|||5,330||176,481|
|Total endowment|funds|97,477,283||(67?,114)|8,736,623||105,507,428|
|Total funds||99,445,386|2,?44,651|(3,308,486)|8,736,623||107,618,174|
##
##
##
##
##
|und ba|lances a|t 30June 2021|are represented|by:||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Endowment|2021|Unrestricted|Endowment|2020|
|||Fundsf|funds
8|Total
E|funds
8|funds
6|Total
8|
|Tangible|fixed|||||||
|assets|||68,483,005|68,483,005||67,603,072|67,603,072|
|Investments||44,706|45,394,352|45,439,058|1,313,006|37,679,354|38,992,360|
|Current|assets|1,987,664|19,992|2,007,656|1,055,499|225,002|1,280,501|
|Current|liabilities|(257,566)|(180,925)|(438,491)|(257,759)||(257,759)|
|Total net assets||1,774,804|113,716,424|115,491,228|2,110,746|105,507,428|107,618,174|
##
##
##
|16|Cash|||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Endowment|2021|2020|
|||||funds|funds|Total|Total|
|||||E|E|E||
||Net cash provided|by operating||||||
||activities|||||||
||Net income /(expenditure)|||(335,942)|8,208,996|7,873,054|8,172,788|
||Depreciation||||500,000|500,000|520,000|
||Property
loss (gain)|on disposal|||(507,140)|(507,140)|9,642|
||Rent from investment|properties||(393,125)||(393,125)|(456,963)|
||Dividends
receivable|||(1,518,003)||(1,518,003)|(1,503,505)|
||Interest receivable|||(1,281)||(1,281)|(3,604)|
||(Gains)/ losses on investments|||396,880|(4,614,967)|(4,218,087)|(1,182,323)|
||(Gains)/ losses on revaluation||of||(4,103,500)|(4,103,500)|(7,561,450)|
||fixed assets|||||||
||(Increase)/ decrease|in debtors||(206,735)|(19,992)|(226,727)|63,159|
||Increase/ (decrease)|in creditors||19,799|180,925|200,724|39,326|
||Net cash provided|by operating||||||
||activities|||(2,038,407)|(355,678)|(2,394,085)|(1,902,930)|
|17|Analysis ofchanges
in funds||||At start of|Cash-flows|At end of|
||||||year||year|
||||||F|||
||Cash||||800,154|520,420|1,320,574|
##
##
##
|18
Statement of Financial Activities, Year|18
Statement of Financial Activities, Year|ended 30June|2020||
|---|---|---|---|---|
|llnoorne and Expenditure|Note|Unrestricted|Endovnnent|Tots'I|
|||fund s|fund s|2020|
|||8|6|6|
|Ilncome and endowments|from:||||
|Charitable
property|2|780,579|||
|investment
pre perty|||||
|Inve»tment
mcome|3|1,567,199|||
|Gain on disposal af property|||||
|Tofal incan»a||2,744,651||2,744,651|
|Expenditure
on:|||||
|Cost of raising funds:|||||
|InveDment
propedy||21I9,857||2'I9,857|
|Management
fee»|||154,622|154,622|
|Lass on dispasel
of property|||2,492|2,492|
|||219,857|157,1"l4||
|Charihrbte
acttvttias|||529,()06|2,931,515|
|Trrtal expenditu, re|4|2,631,372|677,114|3,398,486|
|Nst income before other|||||
|recognised
gaiins and losses||113)278|(677,114)|(583,835)|
|Nlet geinl,'loss) cn inveslmenis||29,364|1.152,959|1.182,323|
|Unreelised
gain(loss) on|||||
|revaluation
ofgxed assets|||7,554,390|7,554,390|
|Net incarne before transfers||142,643|8,939,145|8,172,788|
|Transfers bebveen
funds|||||
|Net movement
in funds||142,643|8,639,II45|8,172,788|
|Total funds carried fonverd|'il July||||
|2919|12|ti,968,193|97,477,283|99,445,386|
|Total funds carried forward|||||
|39June 292ti|12|2,119,746|195,507,428|197,618,174|
##
##
##
##
##
##