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|Table ofContents|Page|
|Trustees'
Annual Report.||
|Independent
Auditor 's Report.||
|Statement ofFinancial Activities. .||
|Balance Sheet. .|....10|
|Cash Flow Statement.||
|Notes to the Financial Statements. .|. .12|
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|||||Notes|2020|2029f|
|---|---|---|---|---|---|---|
|Income from:|||||||
|Investments|||||||
|Investment
income||||4|90,680|164,836|
|Total Income|||||90,680|164,836|
|Expenditure
on:|||||||
|Charttab!e activities|||||||
|Grants payable||||2|4,004|10,997|
|Management
and Administration||||5|5,500|8,250|
|Governance
costs —audit fee|||||5,500|5,500|
|Total expenditure|||||15,004|24,747|
|Net income|||||75,676|140,089|
|Other recognised
gains and losses|||||||
|Realised and unrealised||gains and losses on investment|assets|3|(229,169)|58,135|
|Net movement
in fund|||||(153,493)|198,224|
|Reconciliation
of Funds|||||||
|Total funds brought|forward||||3,408,371|3,210,147|
|Total funds carried|forward||||3,254,878|3,408,371|
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|||||2020|2tt29|
|---|---|---|---|---|---|
||||Notes|||
|Fixed assets||||||
|Investment|assets||3|3,000,252|3,210,153|
|Current assets||||||
|Investment|income|due|6|57,606|38,058|
|Prepayments|||||1,375|
|Cash at bank and in||hand||215,345|178,110|
|||||272,951|217,543|
|Creditors:|Amounts|falling due within one year|7|(18,325)|(19,325)|
|Net cunent|assets|||254,626|198,218|
|Net assets||||3,254,878|3,408,371|
|Total charity funds||||||
|Unrestricted|fund|||3,254,878|3,408,371|
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|||||2020|2019|
|---|---|---|---|---|---|
||||Notes|||
|Net cash outflow from operating|activities|||(34,177)|(19,247)|
|Investing
activities||||||
|Investment
income
Sale ofinvestments|||4
3|71,412
-|151,629
4|
|||||71,412|151,633|
|Increase in cash||||37,235|132,386|
|Cash at 1 October 2019and
1 April|2018|||178,110|45,724|
|Cash at 30September 2020 and 30|September 2019|||215,345|178,110|
|a) Reconciliation
ofnet rnrpendlture||resources to||||
|net cash outflow from operating|activities|||||
|Net income
/ (expendimre)||||75,676|140,089|
|(Decrease) / Increase in creditors||||(1,000)|6,875|
|Decrease
/ (Increase) in debtors||||(18,173)|(1,375)|
|Investment
income||||(90,680)|(164,836)|
|Net cash outflow fiom operating|activities|||(34,177)|(19,247)|
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||Material
g|ran|ts ma|de du|ring
t|he per|iod ar|e as|follow|s'.||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||2020|2019|
|||||||||||||f|f|
||Others:|||||||||||||
||Bolton Brass||Fund|||||||||2,750|5,500|
|||||||||||||2,750|5,500|
||Other grants||less than f1,000|||||||||1,254|5,497|
|||||||||||||4,004|10,997|
|3|Investment||assets|||||||||||
|||||||||Market|||||Market|
|||||||||value||Purchases|Disposats|Changein|value|
||||||||||at|at cost||Market|at|
||||||||30.09.19|||||value|30.09.20|
||||||||||||||f|
||Pooled Investment|||Vehicles|||3,210,153|||19,268||(229,169)|3,000,252|
||The above|is|reflected in||the analysis||ofPooled Investment
Vehicles||||following:|||
|||||||||||||2020|2019|
||||||||||||||f|
||Henderson|Cautious||Managed||Fund|A Class income|||||2,032,012|2,257,028|
||Henderson|Multi-Manager|||Absolute||Return|Fund A||Class accumulation||637,941|628,478|
||IPIF (formerly||Falcon Property|||Unit|Trust)|||||330299|324,647|
|||||||||||||3,000,252|3,210,153|
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|Investme|nt
income||||
|---|---|---|---|---|
||||2020|2019|
||||f|f|
|Henderson|Cautious Managed|Fund|81,557|151,106|
|IPIF (formerly Falcon Property||Unit Trust)|9,123|13,730|
||||90,680|164,836|
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|||2020|2019|
|---|---|---|---|
|Administration|expenses|5,500|8,250|
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|||Debtor|Receipts/|Income|Debtor|
|---|---|---|---|---|---|
|||Position|Reinvested|Recognised|Position|
|||30.09.19|||30.09.20|
|Debtors|position|38,058|(71,132)|90,680|57,606|
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|||2020f|2019f|
|---|---|---|---|
|Audit fee||5,500|5,500|
|Amounts|due to Hoover Ltd|9,625|10,625|
|Grants payable||3,200|3,200|
|||18,325|19,325|
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