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