| 31.12.20 | 31.12.19 | |||
|---|---|---|---|---|
| Unrestricted | Total | |||
| fund | funds | |||
| Note | ||||
| INCOME AND ENDOWMENTS FROM | ||||
| Investment income |
92,760 | 132,059 | ||
| Total | 92,760 | 132,059 | ||
| EXPENDITURE ON | ||||
| Raising funds | 31,045 | 32,014 | ||
| Charitable activities |
||||
| Grants and donations | 56,577 | 120,729 | ||
| Charitable expenditure | 12,437 | 14,064 | ||
| Total | 100,059 | 166,807 | ||
| Net gains/(losses) on investments |
158,848 | 805,835 | ||
| NET INCOME/(EXPENDITURE) | 151,549 | 771,087 | ||
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward | 5,614,224 | 4,843,137 | ||
| TOTAL FUNDS CARRIED FORWARD | 5,765,773 | 5,614,224 | ||
| CONTINUING OPERATIONS |
||||
| All income and expenditure has arisen Irom |
continuing | activities. |
| BALANCE SHEETAT | |||||
|---|---|---|---|---|---|
| 31DECEMBER2020 | |||||
| 31.12.20 | 31.12.19 | ||||
| Unrestricted | Total | ||||
| fund | funds | ||||
| Note | |||||
| FIXEDASSETS | |||||
| Investments | 5,665,561 | 5,427,055 | |||
| CURRENT ASSETS | |||||
| Debtors | 10 | 16,205 | 21,107 | ||
| Cash at bank | 94,189 | 178,938 | |||
| 110,394 | 200,045 | ||||
| CREDITORS | |||||
| Amounts falling due within one year |
(10,182) | (12,876) | |||
| NET CURRENT ASSETS | 100,212 | 187,169 | |||
| TOTAL ASSETSLESS | CURRENT | ||||
| LIABILITIES | 5,765,773 | 5,614,224 | |||
| TOTAL FUNDS | 5,765,773 | 5,614,224 | |||
| FUNDS | |||||
| Unrestricted funds |
12 | 5,765,773 | 5,614,224 | ||
| TOTAL FUNDS | 5,765,773 | 5,614,224 | |||
| The financial statements |
were approved | by the board oftrustees | on | 20.05. 2021 |
and were |
| signed on its behalfby: |
| 2. | INVESTMENT IN | COM | E | ||||
|---|---|---|---|---|---|---|---|
| 31.12.20 | 31.12.19 | ||||||
| UK investment income |
49,801 | 75,428 | |||||
| Overseas investment | income | 26,628 | 38,791 | ||||
| Fixed interest and alternatives | investment | income | 16,236 | 17,085 | |||
| Interest receivable | 95 | 755 | |||||
| 92,760 | 132,059 | ||||||
| 3. | RAISING FUNDS | ||||||
| Investment management |
costs | ||||||
| 31.12.20 | 31.12.19 | ||||||
| Portfolio management | 31,045 | 32,014 |
| 4. | CHARITABLE ACTIVITIES COSTS | |||
|---|---|---|---|---|
| Grant | ||||
| funding of | ||||
| activities | Support costs | Totals | ||
| (Seenote 5) | (Seenote 6) | |||
| Grants and donations | 56,577 | 56,577 | ||
| Charitable expenditure | 12,437 | 12,437 | ||
| 56,577 | 12,437 | 69,014 | ||
| 5. | GRANTS PAYABLE | |||
| 31.12.20 | 31.12.19 | |||
| Grants and donations | 56,577 | 120,729 |
| The total grants paid to | The total grants paid to | institutions | during the year were as follows: | ||
|---|---|---|---|---|---|
| 31.12.20 | 31.12.19 | ||||
| Autistica | 2,510 | ||||
| Active Hope Ltd. | 1,840 | ||||
| Birmingham Children's |
Hospital Charity | 5,000 | |||
| Blooming Blossoms Trust | 4,000 | ||||
| Brighton Table Tennis Club | 7,020 | ||||
| Children Cystic Fibrosis |
3,160 | ||||
| Coach Core Foundation | 1,775 | ||||
| Durham Association ofBoys &Girls |
Clubs | 2,950 | |||
| Essex Boys A Girls Clubs | 3,000 | ||||
| 4 Cancer Group | 3,000 | ||||
| Gospel Oak Community | Centre | 2,000 | |||
| Highlights (A World for |
Girls) | 3,300 | |||
| In TouchfKids United |
2,665 | ||||
| Island Trust Ltd. | 5,000 | ||||
| Islington Boat Club | 5,080 | 5,080 | |||
| Kinship Care Northern Ireland Ltd. |
1,095 | ||||
| Lindley Educational Trust |
8,866 | ||||
| Lothian Autistic Society | 3,000 | 3,000 | |||
| Off the Record | 2,500 | ||||
| One in aMillion | 3,096 | ||||
| Outward Bound Trust |
19,110 | ||||
| Panathlon Foundation |
2,250 | ||||
| Pelton Community Centre |
3,500 | ||||
| Perry RDA Ltd. | 2,736 | ||||
| Phab Ltd. | 4,500 | 3,000 | |||
| Resources for Autism | 5,000 | ||||
| Royal Dart Youth Sailing | Trust | 2,000 | |||
| Sailability @White friars | Sailing Club | 5,000 | |||
| Sailors Children's Society |
1,500 | ||||
| Splash | 3,900 | ||||
| Sport 4 Life UK | 4,692 | ||||
| Trail Blazers Mentoring | 2,500 | ||||
| UK Sailing Academy | 5,000 | ||||
| UK Windsurfing Association |
7,581 | ||||
| Up N Away | 5,000 | ||||
| Valley Kids | 5,000 | ||||
| Venture Scotland | 5,000 | ||||
| Warwickshire Wheelchair |
Basketball | Academy | 2,850 | ||
| Young Gloucestershire | 5,000 | ||||
| Youth Space | 3,250 | ||||
| 56,577 | 120,729 |
| Governance | ||||||||
|---|---|---|---|---|---|---|---|---|
| Finance | Other | costs | Totals | |||||
| Charitable expenditure | 1,992 | 9,845 | 600 | 12,437 | ||||
| Support costs, included | in the | above, are as follows | ||||||
| 31.12.20 | 31.12.19 | |||||||
| Charitable | Charitable | |||||||
| expenditure | expenditure | |||||||
| Finance | ||||||||
| Accountancy | 1,992 | 2,700 | ||||||
| Other | ||||||||
| Consultancy | fees | 9,533 | 10,364 | |||||
| Postage and stationery | 52 | 250 | ||||||
| Sundry costs | ||||||||
| IT &database | expenses | 192 | 130 | |||||
| Bank charges | 60 | 15 | ||||||
| 9,845 | 10,759 | |||||||
| Governance | Costs | |||||||
| Independent | examination | fee | 600 | 600 | ||||
| Trustees' meetings |
costs | |||||||
| 600 | 605 | |||||||
| 7. | AUDITORS' REMUNERATION | |||||||
| 31.12.20 | 31.12.19 | |||||||
| Independent examiner's |
fee | 600 | 600 |
| 11. | CREDITORS: AMOUNTS FALLING DUE WIT | HIN ONE YEAR | |
|---|---|---|---|
| 31.12.20 | 31.12.19 | ||
| Trade creditors | 580 | ||
| Accrued expenses | 10,182 | 12,296 | |
| Accrued expenses | 10,182 | 12,876 | |
| 12. | MOVEMENT IN FUNDS |
| MOVEMEN | T IN FUNDS | ||||
|---|---|---|---|---|---|
| Net | |||||
| movement | in | ||||
| At 01.01.20 | funds | At 31.12.20 | |||
| Unrestricted | funds | ||||
| General fund | 5,614,224 | 151,549 | 5,765,773 | ||
| TOTAL FUNDS | 5,614,224 | 151,549 | 5,765,773 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 92,760 | (100,059) | 158,848 | 151,549 | |
| TOTAL FUNDS | 92,760 | (100,059) | 158,848 | 151,549 |
Pa8¢ 13