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|||Page|
|---|---|---|
|Trustees'
annual
report||1-4|
|Independent
examiner's
report to the trustees|||
|Statement offinancial|activities||
|Statement offinancial|position||
|Notes to the financial|statements||
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|The trustees|present|their report and the unaudited|their report and the unaudited|their report and the unaudited|financial|financial|statements|of the charity for the year|
|---|---|---|---|---|---|---|---|---|
|ended 31 March 2021.|||||||||
|Reference and administrative|||details||||||
|Registered|charity name||The Pearn Chaditable|||Trust|||
|Charity registration||number|203720||||||
|Principal office|||Pearn Day Centre||||||
||||Eggbuckland|Road|||||
||||Plymouth||||||
||||PL35JP||||||
|The trustees|||lan David Rawlings||||||
||||Dr Nicolas Ring||||||
||||Gail Biddulph||||||
||||Margaret
Clinton||||||
||||Brian Fisher||||||
||||Nigel Smith||||||
|Independent|examiner||Peter Webb|FCA|||||
||||Thomas Westcott||||||
||||Chartered
Accountants||||||
||||Plym House||||||
||||3Longbridge|Road|||||
||||Marsh
Mills||||||
||||Plymouth||||||
||||Devon||||||
||||PL6 8LT||||||
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|with their date ofappointment
a|nd the expiry date of their current term|s, are listed below:-|
|---|---|---|
|Trustees
Name|Date Appointed|Term due to expire|
|lan David Rawlings
Gail Biddulph
Dr Nicolas Ring
Margaret
Clinton
Brian Fisher|January 1990
November 2012
December 2016
October 1998
January 2018|18January 2022
17September 2024
17September 2024
26 October 2022
January 2022|
|Nigel Smith|February 2018|February 2022|
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||||||2021|2021|2020|
|---|---|---|---|---|---|---|---|
||||||Unrestricted|||
||||||funds|Total funds|Total funds|
|||||Note|f.||F|
|income and endowments||||||||
|Investment
Income
Rents receivable||||4
5|49,318
8130|49,318
8130|48,355
34,362|
|Total income|||||57,448|57,448|82,717|
|Expenditure
Expenditure
on charitable||activities||6|31,968|31,968|34,140|
|Total expenditure|||||31,968|31,968|34,140|
|Net gains/(losses)|on investments|||9|289,062|289,062|(45,741)|
|Net income and net movement|||in funds||314,542|314,542|2,836|
|Reconciliation
of|funds|||||||
|Total funds brought|forward||||1,884,695|1,884,695|1,881,859|
|Total funds carried forward|||||2,199,237|2,199,237|1,884,895|
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|31 March|2021|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Note||2021
f|2020
F|
|Fixed assets||||||||||
|Investment
Property
Investments||||||13
15||375,000
1,687,898|375,000
1,398,836|
|||||||||2,062,898|1,773,836|
|Current assets||||||||||
|Debtors|||||||14|801|3,744|
|Cash at bank|and|in|hand|||||137,214|108,525|
|||||||||138,015|112,269|
|Creditors: amounts|||falling due within||one year||16|1,676|1,410|
|Net current|assets|||||||136,339|110,859|
|Total assets|less|current liabilities||||||2,199,237|1,884,695|
|Net assets||||||||2,199,237|1,884,695|
|Funds ofthe charity
Unrestricted
funds||||||||2,199,237|1,884,695|
|Total charity|funds||||||17|2,199,237|1,884,895|
|These
financial
~'&
~
~
~ ~
~~
~ ~ ~||at|ents were
signed o|appr
d by the board
alf ofthe board by:||of trustees|and|authorised|for issue
on|
|I D Ra
gs||||||||||
|Trustee||||||||||
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||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|---|---|
||||||Funds|2021|Funds|2020|
||||||E|E|E||
|Dividends|||||||||
|COIF Charities|||Investment|Fund|49,301|49,301|48,331|48,331|
|Bank interest|||receivable||17|17|24|24|
||||||49,318|49,318|48,355|48,355|
|Rents receivable|||||||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2021|Funds|2020|
|||||||E|E|E|
|Mannamead||Lawn Tennis||Club|3,163|3,163|3,163|3,163|
|Assistant
At
Maintenance||Hand
and Recharges|||1,700
3,267|1,700
3,267|26,000
5,199|26,000
5,199|
||||||8.130|8,130|34,362|34,360|
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|Expenditu|re
on charitable
a|ctivities
by fund type||||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2021|Funds|2020|
||||E|E|E|
|Charitable|activities|30,450|30,450|32,700|32,700|
|Support costs||1,518|1,518|1,440|1,440|
|||31,968|31,968|34,140|34,140|
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|Analysis ofCharitable
Activities|||
|---|---|---|
||2021|2020|
|Salaries and wages
Light and heat
Repairs &maintenance
Insurance
Postage and stationery
Telephone
Advertising
Grants paid
Sundry expense
Debtor write-off|11,971
2,679
7,018
1,571
231
487
4,327
2,166|12,196
(3,978)
7,611
1,562
169
478
204
14,408
50|
||30,450|32,700|
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|||||Analysis of|||
|---|---|---|---|---|---|---|
|||||support costs|Total 2021|Total 2020
f|
||Independent
Payroll costs|examination||1,194
324|1,194
324|1,092
348|
|||||1,518|1,518|1,440|
|9.|Net gains/(losses)||on investments||||
|Net gains/(lo|sses)
on investment|s||||||
|---|---|---|---|---|---|---|---|
||||Unrestricted|Total Funds
Unrestricted|||Total Funds|
||||Funds||2021
f|Funds|2020|
|Gains/(losses)|on listed investments||289,062||289,062|(45,741)|(45,741)|
|Independent|examination
fees|||||||
|||||||2021|2020|
|Fees payable
Independent|to the independent
examiner for:
examination
ofthe financial statements|||||1,000|950|
|Staffcosts||||||||
|The total staff costs and employee||benefits for the reporting|||period are analysed as
2021||follows:
2020|
|Wages and salaries||||||11,971|12,196|
|The average|head count ofemployees||during the year|was|1 (2020:1).|||
|No employee|received employee|benefits of more than||f60,000 during the||year (2020: Nil).||
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|Investments||
|---|---|
||Investment|
||properties|
|Cost orvaluation||
|At 1 April 2020 and 31 March 2021|375,000|
|Impairment||
|At 1 April 2020 and 31 March 2021||
|Carrying
amount
At 31 March 2021|375,000|
|At 31 March 2020|375,000|
|All investments
shown above are held at valuation.||
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|14.|All investments
shown
Debtors|above are held at valuation.|||
|---|---|---|---|---|
||||2021|2020|
||||E||
||Prepayments
and accrued income||801|3,744|
|15.|Investments||||
||||Listed||
||||investments|Total|
||Cost orvaluation||||
||At 1 April 2020||1,398,836|1,773,836|
||Additions||||
||Fair value movements||289,062|289,062|
||At 31 March 2021||1,687,898|2,062,898|
||Impairment||||
||At 1 April 2020 and 31 March 2021||||
||Carrying
amount
At 31 INarch 2021||1,687,898|2,062,898|
||At 31 March 2020||1,398,836|1,773,836|
|16.|Creditor: amounts|falling due within one year|||
||||2021|2020|
||Accruals and deferred|income|1,676|1,410|
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||||At|||Gains and||At|
|---|---|---|---|---|---|---|---|---|
|||1|April 2020|Income|Expenditure|losses|31 INarch|21|
||||F|||F|F||
|General|funds||1,884,695|57,448|(31,968)|289,062|2,199,237||
||||At|||Gains and||At|
|||1|April 2019|Income|Expenditure|losses|31 March|20|
||||F|F|F|F|F||
|General|funds||1,881,859|82,717|(34,140)|(45,741)|1,884,695||
##
|Analysis ofnet as|sets between funds|||
|---|---|---|---|
|||Unrestricted|Total Funds|
|||Funds|2021|
|||F||
|Tangible fixed assets
Investments||375,000
1,687,898|375,000
1,687,898|
|Current assets||138,015|138,015|
|Creditors less than|1 year|(1,676)|(1,676)|
|Net assets||2,199,237|2,199,237|
|||Unrestricted|Total Funds|
|||Funds|2020|
|||F||
|Tangible fixed assets
Investments||3?5,000
1,398,836|375,000
1,398,836|
|Current assets||112,269|112,269|
|Creditors less than|1 year|(1,410)|(1,410)|
|Net assets||1,884,695|1,884,695|