2020-12-31-accounts

					Page
Legal and Administrative Information					2-3
Statement of	Trustees	Responsibilities		for the Accounts
Incorporated	Trustees'	Report			5-6
Stockbroker's	Annual	Investment	Review
Independent	Auditors'	Report
Statement ofFinancial		Activities
Balance Sheet					10
Notes to the	Financial	Statements			11 - 15

	THE KIN BUR CHARITY	THE KIN BUR CHARITY	THE KIN BUR CHARITY	THE KIN BUR CHARITY
	LEGAL AND ADMINISTRATIVE INFORMATION				Continued
	F R	E	ED31 TDE	MBER	020
REGISTERED	ADDRESS:		29Bowater	Close
			Kingsbury
			London
			NW9 OXD
HON. SECRETARY:			Mrs. P.Hughes
HON. TREASURER:			P.Day
			HSBCBank pic
			544 Kingsbury Road
			Kingsbury
			London
			NW9 9EE
INVESTMENT	MANAGERS:		Investec Wealth 8r Investment			Limited
			30 Gresham Street
			London
			EC2V 7QN
SOLICITORS:			Camerons	Iones
			Television	House
			269Field End Road
			Ruislip
			Middlesex
			HA4 9XA
AUDITORS and ACCOUNTANTS:			Landmark	Audit Limited
			Chartered	Accountants	and Statutory Auditors
			Leavesden	Park
			5 Hercules	Way
			Watford
			Hertfordshire
			WD25 7GS

	THE GSBURY CHARITY	THE GSBURY CHARITY	THE GSBURY CHARITY	THE GSBURY CHARITY
	STATEMENT OF FINANCIAL ACTIVITIES
	FORT	YEARKNDED31	TDE MBER 2020
	Note	9 ~l&	Restricted ~Fun	8848 4 2020	Total Fuads 201
INCOME AND ENDOWMENTS	FROM:
Investment Income		57,724	165,927	223,651	328,293
Charitable activities		101,354		101,354	97,096
Total Income		159,078	165,927	325,005	425,389
EXPENDITURE ON:
Raising funds Charitable activities Governance costs		39,360 232,281 30,450	30,973	39,360 263454 30,450	42,821 370,067 30,010
Total Expenditure		302091	30,973	333064	442 898
NET INCOME Gross transfers between funds	14	(143,013) 90560	134,954 90560	(8,059)	(17,509)
NET INCOME/EXPENDITURE		(233,573)	225,514	(8,059)	(17,509)
GAINS/LOSSES ON FIXEDASSETS Gains/(losses) on investments 10		118039	13720	104319	1 298669
Net movement offunds		(115,534)	211,794	96,260	1,281,160
Reconciliation of Funds Total funds brought forward Total funds carried forward	14	2 508 675 2393,141	10,742 149 10953,943	13250 824 13347,084	11969,664 13250 824

	THE KINGSBURY CHAR	THE KINGSBURY CHAR	ITY
	BALANCE SHEET
	AS AT 31STD	CEMBER	2020
			2020		2019
	Note
FIXEDASSETS
Tangible assets Investments	9 10			1,888,053 9 106,115 10,994,168		1,888,053 9,113,906 11,001,959
CURRENT ASSETS
Debtors Cash at bank and in hand	11 12	3,819 2,369+02 2,373,021			8,461 2,265 445 2,273,906
CURRENT LIABILITIES
Creditors payable within one year	13	20	105		25 041
NET CURRENT ASSETS				2,352,916		2,248,865
TOTAL ASSETS LESSCURRENT	LIABILITIES			13347,084		13,250,824
FUNDS
Restricted Unrestricted	14 14			10,953,943 2,393,141		10,742, 149 2,508,675
TOTAL CHARITY FUNDS				13347 084		13,250,824

2	INVESTMENTINCOME
				2020	2019
				f
	Interest receivable Dividends receivable			57,330 166,321	62,574 265,719
				223,651	328,293
3	INCOMING RESOURCES FROM CHARITABLE ACTIVITIES
		Stubbs	Bowater	Total	Total
		Close	Close	2020	2019
				f
	Contributions trom residents	32,919	68,435	101,354	97096
4	CHARITABLE EXPENDITURE			2020	2019
				f	f
	Council tax and rates Light and heat Property repairs and maintenance Garden maintenance			7,001 13,977 141,654 9,980	20,837 12,505 260,432 6,536
	Insurance			4,043	5,269
	Harmw Careline Caretaker and secretary costs Sundry expenses			2,679 670	2,755 781 902
				180,004	310,017
	Grants and donations Grants to institutions			83,250	60,050
	Total Charitable Expenditure			263454	370067
5	OTHER EXPENDITURE			f	f
	Treasurer's honorarium			8/50	8,160
	Secretary's honorarium Travel expenses Printing, postage and stationery Audit fee			12,840 169 7,800	12,600 175 110 7,800
	Sundry expenses			1,391	1,165
				30,450	30010

FIXEDASS	ET INVESTMENTS
		Capital	Accumulated	Extraordinary	Total
		Fund	Income Fund f	Repair Fund f
Market value	at 1st January 2020	6,823,440	2,066,744	223,722	9,113,906
Acquisitions	at cost	831,894	415,171		1,247,065
Sales proceeds &om disposals		(906,221)	(452,954)		(1,359,175)
Gain/(Loss)	in the year	(11,514)	118,039	(2,206)	104,319
Market value at 31st December 2020		6,737599	2 147000	221 516	9,106115

11	DEBTORS
															2020		2019
	Prepayments and accrued			income											3,819		8,461
12	CASH AT BANK	AND IN				HAND
	Short term deposits														2,144,333		2,067,285
	Cash at bank and in		hand												224,869		198,160
															2,369,202		2,265,445
13	CREDITORS: Amounts			falling due within one					year
	Accruals and other	creditors													20,105		25,041
14	MOVEMENT IN	FUNDS
						At 1st										At 31st
					January		Incoming				Outgoing	Investment				December
						2020	Resources				Resources	Gain/(Loss)		Transfers			2020
						f.
	Restricted Funds
	Capital					9,368,751	165,927					(11,514)				9,523,164
	Extraordinaty Repair					991,126						(2,206)			21,920	1,010,840
	Cyclical Maintenance					197,155					(21,197)				37,680		213,638
	Routine Maintenance					185,117					(9,776				30,960		206,301
	Total Restricted Funds				10,742,149		165,927				(30,973	(13,720			90,560	10,953,943
	Unrestricted Funds					2,508,675	159,078				302,091	118,039			(90,560	2,393,141
	Total Funds				13,250,824		325,005				333,064	104,319				13,347,084
	Transfers between	funds are				carried out	in accordance				with Almshouse	Association	guidance,		as noted in	notes	1 (k), (1)
	and (m).
15	DONATIONS PAYABLE
															2020		2019
															f,		f
	Grants and donations		made		to institutions										832.50		60,050
	The total grants and	donations				paid to institutions		during			the year was as	follows:
	Institution						Use ofthe		funds
	Ashford Place						Homeless		charity						40,000		20,000
	St.Luke's Hospice						Hospice								15,000		15,000
	Sudbuty Neighbourhood						Community			centre for the elderly					15,000		15,000
	Elders Voice						Careers and			aid	for those in need						10,000
	Almshouse Association						Donation								50		50
	The Salvation Army						Donation								6,000
	Lindsay Park						Donation								2,200
	Aspire Spinal Unit						Donation								5,000
															83,250		60,050