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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|||||||
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|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||
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|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|
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|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|
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||||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|
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|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|
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|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|
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||||||||||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|
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||||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|
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|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|
##
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|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|
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|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|
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|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|
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|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|
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|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|
##
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|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|
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