2021-03-31-accounts - Mrs Jane Cart's Trust

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			Unrestricted	Restricted	2021 Total	2020Total
			Funds	funds	Funds	Funds
						Note 3
Income from:
Investment income
Dividends			12,941	13,713	26,654	32,209
Bank interest received						37
Rent receivable			200,699		200,699	201,747
Insurance reimbursed			6,052		6,052	5,152
Loss on sale of investments			(6,388)	(15,098)	(21,486)	(3,963)
Total income			213,304	(1,385)	211,919	235,182
Expenditure on:
Raising funds: Investment management	fees		4,884	5,308	10,192	10,328
Charitable activities:
Grants clergy and their dependants Annual sermon			54,772		54,772	79,199 498
Church clock repairs						2,355
Covid Donations to clergy Grants to local organisations			24,797	26,250	24,797 26,250
Administration and management:
Clerk's fees			9,904	2,475	12,379	7,780
Governance costs —Audit	Fee		2,400	600	3,000	3,000
Legal and professional fees			4,317	2,612	6,929	8,966
Meeting expenses						229
Insurance			6,247		6,247	5,728
Miscellaneous			1,536	55	1,591	259
Total expenditure			108,857	37,300	146,157	118,342
Net gains on investments			185,870	166,865	352,735	(165,316)
Net income/(expenditure)			290,317	128,180	418,497	(48,476)
Transfers between funds
Gains/ (losses) on revaluation		of	1,130,000		1,130,000
fixed assets
Net movement in funds			1,420,317	128,180	1,548,497	(48,476)
Reconciliation offunds:
Total funds brought forward 1st April 2020			2,544,940	623,772	3,168,712	3,217,188
Total funds carried forward
31st March 2021			3,965,257	751,952	4,717,209	3,168,712

			Note		2021		2020
Fixed Assets
Investment property			2(g)		2,880,000		1,750,000
Other investments			4		1,550,409		1,201,272
					4,430,409		2,951,272
Current Assets
Prepayments and accrued income				5,272		4,555
Cash at bank				306,688		222,760
				311,960		227,315
Liabilities:
Creditors amounts	falling due
within one year				25,160		9,875
Net Current Assets					2 200		217,440
Net Assets					4,717,209		3,168,712
Funds
Unrestricted funds:
Income account					1,014,557		774,240
Investment property	revaluation	reserve			2,750,700		1,620,700
Investment property	reserve				200,000		150,000
					3,965,257		2,544,940
Restricted funds:
Mrs Jane Cart'6 Almshouses					751,952		623,772
					4,717,209		3,168,712

		Note	Unrestricted	Restricted	2020
			Funds	Funds	Total Funds
Income from:					s
Investment income
Dividends			15,553	16,656	32,209
Bank interest received			37		37
Rent received			201,747		201,747
Insurance reimbursed			5,152		5,152
Surplus on sale of investments			(2,120)	(1,843)	(3,963)
Total income			220,369	14,813	235,182
Expenditure on:
Raising funds: Investment management	fees		5,154	5,154	10,328
Charitable activities:
Grants to benefit clergy and their dependants Annual sermon Church clock repairs			79,199 498 2,355		79,199 498 2,355
Administration and management
Clerk's fees			6,224	1,556	7,780
Governance costs - Audit fee			2,400	600	3,000
Legal and professional Meeting expenses Insurance	fees		7,111 229 5,728	1,855	8,966 229 5,728
Miscellaneous			259		259
Total expenditure			109,157	9,185	118,342
Net (losses)/gains on investments			(90,357)	(74,959)	(165,316)
Net income /(expenditure)			20,855	(69,331)	(48,476)
Transfers between funds
Net movement in funds			20,855	69,331	48,476
Reconciliation offunds:
Total funds brought forward 1"April 2019			2,524,085	693,103	3,217,188
Total funds carried forward 31"March		2020	2,544,940	623,772	3,168,712

4.Other Investments	(Quoted)
		2021		2020
		Valuation	Income	Valuation	Income
		2		P.
Rathbones Porffolio		1,550,409	26,654	1,201,272	32,209
Summary
Market value at 1"April	2020	1,201,272
Acquisitions during the	year	236,343
Disposals during the year		(218,455)
Realised loss on disposals		(21,486)
Unreaiised gain on revaluation Market value at31"March 2021		352,735 1,550,409
				2021	2020
				2
Investments at 31st March 2021 comprise:
Equities				1,118,622	855,641
Fixed interest securities				246,922	219,215
Alternatives				184,865	126,416
				1,550,409	1,201,272
Historical cost				1,303,347	1,264,124
5.Creditors: amounts	falling due within one year			2021	2020
Accruals and deferred income				25,160	9,875