2020-12-31-accounts - The Charity Of William Williams

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Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2 to 6
Statement ofTrustees'	Responsibilities
Independent Auditors'	Report	8to 11
Statement ofFinancial	Activities	12to 13
Balance Sheet		14
Cash Flow Statement		15
Notes to the Financial	Statements	16to 27

		The Charity ofWilliam	Williams	Williams	Williams
		Reference and Administrative		Details
Trustees		MrRCowley, (Chair and Nominee			Trustee for holding			property)
		Mrs C Sharp, (Vice Chair and		Nominee			Trustee for holding property)
		Mr RPrideaux-Brune
		Mr GRose
		Mr JD Thrift
		Mr A Chase
		Cllr H White, Blandford Form		Town		Council
		Cllr H JLacey, Sturminster	Newton		Town Council
Charity Registration	Number	202188
Principal Office		Stafford House
		10Prince ofWales Road
		Dorchester
		Dorset
		DT1 1PW
Auditor		Kennedy Legg
		Chartered Accountants and Statutory				Auditor
		Stafford House
		10Prince ofWales Road
		Dorchester
		Dorset
		DTI 1PW
Solicitors		Battens
		Mansion House
		54-58Princes Street
		Yeotdl
		Somerset
		BA20 1EP
Bankers		NatWest Bank Pic
		49South Street
		Dorchester
		Dorset
		DT1 1DW

Ofthe Charitable Grants made in the year (Includ	ing Instructions), the results are as fol	lows:
	Budget	Actual
Reliefofthose in need	200,000	132,898	(note 6)
Education	200,000	165,142	(note 6)
	400,000	298,040

Statem	ent	of	Financial	Activities for the	Year Ended	31December	2020
				Unrestricted	funds	Restricted	Total
				Designated	General	funds	2020
			Note		f.
Income and Endowments			from:
Donations and legacies						2,000	2,000
Investment income			3		399,532		399,532
Total Income					399,532	2,000	401,532
Expenditure on:
Raising funds				(6,722)	(68,082)		(74,804)
Charitable activities					(332,321)	(2,750)	(335,071)
Other expenditure					(23)		(23)
Total Expenditure				(6,722)	(400,426)	(2,750)	(409,898)
Gains/losses on investment
assets					(640,076)		~6640.076
Net expenditure				(6,722)	(640,970)	(750)	(648,442)
Gross transfers between		funds		(683,577)	683,577
Net movement in funds				(690,299)	42,607	(750)	(648,442)
Reconciliation offunds
Total funds brought	forward			1,067,159	7,199,889	15,560	8,282,608
Total funds carried	forward		16	376,860	7.242.496	14,810	7.634.166

Statement	of	Financial	Activities for the	Year Ended	31December 2	020
			Unrestricted	funds	Restricted	Total
			Designated	General	funds	2019
		Note
Income and Endowments		from:
Donations and legacies					5,060	5,060
Investment income		3		485,247		485,247
Total Income				485,247	5,060	490,307
Expenditure on:
Raising funds			(6,776)	(69,25I)		(76,027)
Charitable activities				(304,462)	(4,500)	(308,962)
Total Expenditure			(6,776)	(373,713)	(4,500)	(384,989)
Gains/losses on investment
assets				(658,381)		(658,381)
Net (expenditure)/income			(6,776)	(546,847)	560	(553,063)
Gross transfers between	funds		825,496	(825,496)
Net movement in funds			818,720	(1,372,343)	560	(553,063)
Reconciliation offunds
Total funds brought forward			248,439	8,572,232	15,000	8,835,671
Total funds carried forward		16	1,067,159	7,199,889	15,560	8,282,608

			Balance Sheet as at3	1December 20	20
					2020	2019
				Note
Fixed assets
Tangible assets				9	5,612,077	5,386,889
Investments				10	472,645	472,325
					6,084,722	5,859,214
Current assets
Debtors				12	11,983	16,501
Cash at bank	and	in hand		13	1,576,651	2,468,594
					1,588,634	2,485,095
Creditors: Amounts			falling due within one year	14	(39,190)	(61,701)
Net current	assets				1,549,444	2,423,394
Net assets					7.634.766	8,282,688
Funds ofthe charity:
Restricted income funds
Restricted funds					14,810	15,560
Unrestricted	income		funds
Unrestricted	funds				6,526,849	6,534,465
Revaluation	reserve				1,092,507	1,732,583
Total unrestricted		funds			7,619,356	8,267,048
Total funds				16	7,634,166	8,282,608

Cash Flow	Statement	for the Year E	nded 31j)e	eember 2020
				2020	2019
			Note
Cash flows from operating activities
Net cash (expenditure)/income				(8,366)	105,318
Adjustments to cash flows from non-cash items
Investment income			3	(399,532)	(485,247)
				(407,898)	(379,929)
Working capital adjustments
Decrease in debtors			12	4,518	4,633
(Decrease)/increase in creditors			14	(22,511)	46,301
Net cash flows from operating	activities			425,891)	(328,995)
Cash flows from investing activities
Interest receivable and similar	income			399,253	484,887
Purchase oftangible fixed assets				(865,584)
Income from dividends				279	360
Net cash flows from investing	activities			(466,052)	485,247
Net (decrease)/increase in cash	and cash equivalents			(891,943)	156,252
Cash and cash equivalents at I	January			2,468,594	2,312,342
Cash and cash equivalents at31December				1,576,651	2,468,594
Reconciliation ofnet cash flow to movement		in net funds
(Decrease)/increase in cash				(891,943)	156,252
Net funds at I January 2020				2,468,594	2,312,342
Net funds at 31December 2020				1,576,651	2,468,594

2 Incom	e fro	m donations and legacies
			Restricted	Total
			funds	funds
			g
Donations	and legacies;
Donations from individuals			2,000	2,000
Total for	2020		2,000	2,000
Total for	2019		5,060	5,060
3 Investment		income

				Unrestricted
				funds	Total	Total
				General	2020	2019
Income from	dividends;
Dividends	receivable		from other listed investments	279	279	360
Interest receivable and similar income;
Interest receivable		on bank deposits		10,161	10,161	23,168
Interest receivable		on other loans		7,110	7,110	6,750
Income from	rents			381,982	381,982	454,969
				399,532	399,532	485,247

									Unrestricted	funds		Total
									Designated	General		2020
												g
Other investment				management			costs;
Property		insurance costs								5,535		5,535
Property		repairs, renewals				and maintenance			6,722			6,722
Properly		management			commission,			legal fees
etc										61,880		61,880
Allocated	support			costs							667	667
									6,722	68,082		74,804
									Unrestricted	funds		Total
									Designated	General		2019
Other investment				management			costs;
Property		insurance costs								5,&91		5,891
Compensation for lease surrender										10,000		10,000
Properly		repairs, renewals				and maintenance			6,776			6,776
Property		management			commission,			legal fees
etc										53,320		53,320
Allocated	support			costs							40	40
									6,776	69,251		76,027
5 Expenditure			on charitable				activities
									Unrestricted
									funds	Restricted		Total
									General	fundsf		funds f,
Relief for	those in			need	- grants		to
individuals									46,867			46,867
Relief for	those in			need	- grants		to
institutions									86,031			86,031
Education		- grants		to individuals					162,392	2,750		165,142
Governance		costs							37,031			37,031
Total for	2020								332,322	2,730		335,071
Total for	2019 - (see analysis					below)			304,462	4,500		308,962

			Unrestricted
			funds	Restricted	Total
			General	funds	2019
Relief for those in need - grants to
individuals			58,812		58,812
Relief for those in need - grants to
institutions			53,572		53,572
Education -	grants to individuals		156,930	4,500	161,430
Governance	costs		35,148		35,148
			304,462	4,500	308,962
Governance	costs			2020	2019
Trustees expenses				99	98
Sundry and	other costs			178	710
Advertising	and promotion			320	1,548
Accountancy	and bookkeeping			13,712	12,836
Auditors' remuneration				5,100	2,280
Clerks and administration		fees		17,301	17,441
Trustees insurance				321	235
				37,031	35,148

Analysis ofgrants
	Grants to	institutions	Grants to	individuals
	2020	2019	2020	2019
	f
Analysis
Reliefofthose in need	86,031	53,572	46,867	58,813
Education			165,142	161,430
	86,031	53,572	212,009	220,243

Below are details ofmater	ial grants ma	de to institutions.
			2020	2019
Name ofinstitution		Activity	K
Blandford Opportunity Group		Reliefofthose in need	15,000	15,000
Blandford Lunch Club		Reliefofthose in need		2,000
Blandford Legiom Club		Reliefofthose in need		1,331
Blandford Rugby Club		Reliefofthose in need	2,000
Blandford - Age concern		Reliefofthose in need	5,000
Men in sheds project		Reliefofthose in need		2,000
Miscellaneous -under 61,000each		Reliefofthose in need	1,977	6,280
NOCS		Reliefofthose in need		5,000
Shaftesbury Bowls Club		Reliefofthose in need		2,000
Shaftesbury &District Carers (HOPE)		Reliefofthose in need	6,000	4,701
Shaftesbury Hospital		Reliefofthose in need	1,000	2,000
Shafiesbury School		Reliefofthose in need	9,000
Shaftesbuty Girl Guides		Relief ofthose in need	2,500
Sturminster Newton Youth Project		Reliefofthose in need		&,948
Sturminster Newton Age Concern		Reliefofthose in need		1,340
Sturminster High School		Reliefofthose in need	19,714
Sturminster -Friends ofStour Connect		Reliefofthose in need	1,000
Sturminster -Contribution repair	to pitch	Reliefofthose in need	1,590
Trinity Centre		Reliefofthose in need		2,972
Blandford school		Relief ofthose in need	21,250
			36,631	53,572

						2020	2019
Staff	costs	during	the	year	were:
Other	staff	costs				17,301	17,441

		2020	2019
		8
Audit ofthe financial	statements	5,100	2,280
Other fees to auditors
All other non-audit services		6,770	5,859

Investment
properties	Total
5,386,889	5,386,889
(640,396)	(640,396)
865,584	865,5&4
5,612,077	5,612,077
5,612,577	5,612,1177
5,386,8119	5,386,889

Other investments
	Listed
	investments	Total
		f.
Cost or Valuation
At I January 2020	11,325	11,325
Revaluation	320	320
At 31December 2020	11,645	11,645
Net book value
At 31December 2020	11.645	11.645
At I January 2020	11.325	11,325

Programme related investments
	Blandford
	Opportunity
	Group	Total
	g
Cost
At I January 2020	461,000	461,000
At 31December 2020	461,000	461,000
Provision
At 31December 2020
Net book value
At 31December 2020	461,0110	461,000
At I January 2020	~61,0011	461,000

12 Debtors
				2020	2019
Prepayments				11,983	16,501
13 Cash and cash equivalents
				2020	2019
Cash at bank				1,317,431	489,702
Short-term	deposits			259,220	1,978,892
				1,576,651	2,465,594
14 Creditors: amounts		falling due within	one year
				2020	2019
Trade creditors				23,938	42,803
VAT grant	repayable			6,552	8,998
Accruais				8,700	9,900
				39,199	61,701

16 Funds
		Balance at I Jan 2020	Incoming resources	Resources expended	T f . d Other ransfers recognised . gains/(losses)				Balance at 31 December 2p2p
Restricted	funds
Mr RConnell		3,560	2,000	(1,250)					4,310
M Owen bequest		12,000		(1,500)					10,500
		15,560	2,000	(2,750)					14,810
General funds
Unrestricted	income funds	7,199,889	399,532	(400,425)		695,802	(640,077)		7,254,721
Designated	funds
Property repairs fund		87,159		(6,722)		51,423			131,860
Committed	grants	980,000			(735,000)				245,000
		1,067,159		(6,722)	(683,577)			-	376,860
Total funds		8,282,608	401,532	(409,897)		12,225	(640,077)		7,646,391
		Balance at I Jan 2019	Incoming resources	Resources expended	Other Transfers recognised galas/(losses)				Balance at December
Restricted	funds
Mr RConnell			5,060	(1,500)					3,560
M Owen - bequesy		15,000		(3,000)					12,000
		15,000	5,060	(4,500)					15,560
Gerneral fund
Unrestricted	income fund	8,572,233	485,247	(373,714)	(825,496)		(658,381)		7,199,889
Designated	funds
Property repair funds		48,439		(6,776)		45,496			87,159
Committed	grants	200,000				780,000			980,000
		248,439		(6,776)		825„496			1,067,159
Total funds		8,835,672	490,307	(383,990)			(658,381)		8,282,608

Committed	grants:		2020	2019
Blandford	Youth Club		45,000	30,000
Shaitesbury	Community	Centre *	200,000	200,000
Sturminster	Newton Youth Project			750,000
			245,000	980,000

17 Analysis ofnet assets between funds
	Unrestricted		funds	Restricted
	General	Designated		funds
Tangible fixed assets	5,612,077				5,612,077
Fixed asset investments	11,645				11,645
Programme related investments	461,000				461,000
Current assets	1,209,189		364,635	14,810	1,588,634
Current liabilities	(39,190)				(39,190)
Total net assets	7,254,721		364,635	14,810	7,634,166
	Unrestricted		fund	Restricted	Total at 31 December
	General	Designated			2019
Tangible fixed assets	5,386,890				5,386,890
Fixed assetinvestments	11,325				11,325
Programme related investments	461,000				461,000
Current assets	1.,402,375		1,067,159	15,560	2,485,094
Current liabilities	(61,701)				(61,701)
Total net assets	7,199,889		1,067,159	15,560	8,282,608