| 202,0 | 2019 | ||||
|---|---|---|---|---|---|
| Notes | General | Endowment | Total | Total | |
| Funds | Funds | Funds | Funds | ||
| INCOMING RESOURCES | |||||
| Donations, Grants Er, Events |
2 | ||||
| Donations | 7,844 | 7,844 | 6,976 | ||
| Events | 4,382 | 4 382 | 3 263 | ||
| 12.226 | 12,226 | 12,239 | |||
| Investment Income |
|||||
| Undesignated | 17,970 | 17,970 | 27,563 | ||
| Davies Bequest | 4,083 | 4,083 | 4,956 | ||
| Samaritan Fund |
832 | 832 | 1,013 | ||
| Tomkins Benefaction | 291 | 291 | 353 | ||
| 17.970 | 5,206 | 23,176 | 33,885 | ||
| Other Income | 62 | 62 | 103 | ||
| Total Incoming Resources | 30,258 | 5,206 | 35,464 | 46,227 | |
| RESOURCES EXPENDED | |||||
| Direct Charitable Expenditure |
|||||
| Annuities and Grants |
66,098 | 5,206 | 71,304 | 67,892 | |
| Management &Admin |
17,374 | 17,374 | 19,331 | ||
| Total Resources Expended | 83,472 | 5,206 | 88,678 | 87,223 | |
| Net (outgoing) resources | (53,214) | (53,214) | (40,996) | ||
| Gains/(Losses) on investments |
6 | ||||
| Unrealised Gains/(Losses) |
(66,969) | (20,392) | (87,361) | 76,787 | |
| Realised loss on Sales | 13,943 | (13,943) | 6,555 | ||
| (80,912) | (20,392) | (101,304) | 83,342 | ||
| Net movement in funds |
(134,126) | (20,392) | (154,518) | 42,346 | |
| Balances brought forward |
726,168 | 135,963 | 862, 131 | 819,785 | |
| Balances at year end | 592,042 | 115,571 | 707,613 | 862, 131 |
| Notes | 2020 | 2019 | ||
|---|---|---|---|---|
| Fixed Assets | ||||
| Computer Equipment |
384 | 768 | ||
| Investments at Market Value |
||||
| Designated Fund |
548,213 | 679,125 | ||
| Unrestricted —Davies |
Bequest | 90,794 | 106,754 | |
| Restricted —Samaritan | Fund | 18,356 | 21,643 | |
| Unrestricted —Tomkins Benefaction |
6421 | 7566 | ||
| 663,784 | 815,088 | |||
| Total Fixed Assets and Investments | 664,168 | 815,856 | ||
| Current assets and liabilities |
||||
| Bank Deposits | 40,022 | 35,008 | ||
| Cash and Bank Balances | 3,876 | 12,767 | ||
| 43,898 | 47,775 | |||
| Deferred Income k creditors | 453 | 1500 | ||
| Net current assets | 43,445 | 46,275 | ||
| Assets Employed | 707 613 | 862 131 | ||
| Represented by Funds |
||||
| Unrestricted fund |
592,042 | 726,168 | ||
| Endowment Funds |
115,571 | 135,963 | ||
| 707,613 | 862,131 |
| Income from donations, | Income from donations, | grants and events came from the following | sources: | |
|---|---|---|---|---|
| 2020 | 2019 | |||
| Donations | ||||
| Presidents | Appeal | 7,844 | 6,976 | |
| Events | ||||
| Golf Championship | 3,000 | |||
| Luncheon | Raffle | 1,460 | 7,775 | |
| Donations | 2,922 | 488 | ||
| 4,382 | 5,263 | |||
| 12,226 | 12,239 |
| Investment income during |
the year came from the following | the year came from the following | sources: | |
|---|---|---|---|---|
| 2020 | 2019 | |||
| k | ||||
| Endowment Fund Income |
||||
| MAG dividends | 5,206 | 6,322 | ||
| General Fund Income | ||||
| Black Rock dividends | 6,629 | 9,346 | ||
| Schroders dividends | 11,341 | 18.217 | ||
| 17,970 | 27,563 | |||
| 23,176 | 33,885 | |||
| DIRECT CHARITABLE EXPENDITURE | ||||
| 2020 | 2019 | |||
| Annuities 4 Grants | ||||
| Annuitant payments |
67,590 | 65,770 | ||
| Grants | 1,840 | 280 | ||
| Hampers | 1,874 | 1,842 | ||
| 71.304 | 67,892 | |||
| Management &Administration |
||||
| Secretarial, Treasurer and governance | fees | 13,995 | 14,200 | |
| Rent ofofhce | 1,404 | 2,808 | ||
| Printing, postage, stationery |
and telephone | 1,168 | 1,398 | |
| Travel and bank charges | 231 | 569 | ||
| Annual geneml meeting |
(340) | |||
| Fundraising and website |
192 | 312 | ||
| Depreciation ofcomputer equipment | 384 | 384 | ||
| 17,374 | 19,331 |
| IBLE FIXEDASSETS | ||
|---|---|---|
| Computer | ||
| Etluipment | Total | |
| Cost | ||
| At 1January 2020 | 1,152 | 1,152 |
| Additions | ||
| At 31December 2020 | 1,152 | 1,152 |
| Depreciation | ||
| At 1January 2020 | 384 | 384 |
| Charge forthe year | 384 | 384 |
| At 31December 2020 | 768 | 768 |
| Net Bookvalue | ||
| At 31December 2020 | 384 | 384 |
| At 31December 2019 | 768 | 768 |
| Fund Name | Fund Name | Opening | (Sales)/ | Realised | Revaluation | Closing | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Balance at | Purchases | Gain/(Loss) | Gains/ | Balance at | ||||||
| 1 | Jan 2020 | in year | on sales | (Losses) | 31Dec 2020 | |||||
| Endowment | ||||||||||
| MAG Charibond | Fund | 17,274 | 199 | 17,473 | ||||||
| M&G Charifund | Fund | 118,689 | 20,591 | 98,098 | ||||||
| 135,963 | (20+92 | 115 71 | ||||||||
| Unrestricted | ||||||||||
| BlackRock | Charities UK | Bond Fund | 39,158 | 1,315 | 40,473 | |||||
| BlackRock | Charities UK | Equity Fund | 258,728 | (17,316) | 241,412 | |||||
| Schroders Charity | Equity | Fund | 381,239 | 50,000 | (13,943 | 50,968 | 266,328 | |||
| 679,125 | 50,000 | 13/43 | 66+69 | 548/13 | ||||||
| Portfolio Total | 815,088 | 50000 | 13@43 | 87 61 | 663,784 | |||||
| 7 | DEFERRED INCOME k CREDITORS | |||||||||
| 2020 | 2019 | |||||||||
| 2021 | Cycling | deposits | 433 | 1,200 | ||||||
| Independent | examination | fees | 20 | 300 | ||||||
| 453 | 1,500 |