| ORIGINS OF THE CHARITY. | |
|---|---|
| STRUCTURE AND GOVERNANCE | |
| ACHIEVEMENTS AND PERFORMANCE |
|
| FINANCIAL REVIEW | |
| TRUSTEE RESPONSIBILITIES. | |
| INDEPENDENT AUDITOR'S REPORT | . |
| STATEMENT OF FINANCIAL ACTIVITIES. | |
| BALANCE SHEET. | |
| NOTES TO THE FINANCIAL STATEMENTS . | |
| REFERENCE AND ADMINISTRATION | DETAILS |
| has significantly improved compared |
to the position reporte | d twelve |
months ago. | |
|---|---|---|---|---|
| 2020/21 | 2019/20 | |||
| 3year | 5year | 3year 5 |
year | |
| City ofLondon Charities Pool | 5.04% | 7.19% | -2.44% | 1.37% |
| FTSEAll Share | 3.19% | 8.29% | 4.24% | 0.57% |
| Fund oulperformance | 1.85% | 0.90% | 1.80% | 0.80% |
| Urseslrlctsd | Endowment | 2020/21 | 2019/20 | |||||
|---|---|---|---|---|---|---|---|---|
| Notes | FUIKIS | Funds | Total Funds | Tolal Funds | ||||
| K | 2 | 6 | 2 | |||||
| Income from: | ||||||||
| twestmenls | 121,391 | 121,$91 | 102,785 | |||||
| Olher | 312,502 | |||||||
| Total Income | 121,391 | 121.$91 | 415,287 | |||||
| Expenditure on: | ||||||||
| Chsn1able acavltles | 43,096 | COBB | 37,197 | |||||
| Total endsure |
43,096 | 4$,098 | 37,197 | |||||
| Net gains/(losses) | on Invssaneras | 7 | 226/a)3 | 336,548 | 58$,0$1 | (480,978) | ||
| Nst aine/losses |
shcrttermde | sit | 382 | $82 | ||||
| Net Income/(expenditure) | and | net | ||||||
| movement In funds |
305,160 | 336,548 | 641,708 | (102,888 | ||||
| Net movement In |
funds | 305,160 | 336,548 | 841,708 | (102,888) | |||
| Reconcilhdlon offunds: |
||||||||
| Total funds brought | forward | 9 | 1250,259 | 1,368,785 | 2819044 | 2,721,932 | ||
| Total funds carried forward | 9 | 1,555,419 | 1,705,333 | 3 80752 | 2,619,044 |
| AS AT 31 | MARCH 2021 | |||
|---|---|---|---|---|
| Notes | 2021 | 2020 | ||
| Total | Total | |||
| R | ||||
| Fixed assets | ||||
| InNestments | 2,852,951 | 2,269,920 | ||
| Total fixed | assets | 2,852,951 | 2,269,920 | |
| Current assets | ||||
| Cash at bank and in hand | 407801 | 329,124 | ||
| Total current assets | 407,801 | 329,124 | ||
| Totalnetassets | 3,260,752 | 2,619,044 | ||
| The funds | ofthe charity: | |||
| Endowment | funds | 1,705,333 | 1,368,785 | |
| Unrestricted | income funds | 1,555/19 | 1,250,259 | |
| Total funds | $250752 | 2,619,044 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2020/21 | 2019/20 | ||
| 5 | E' | ||
| hvessnent | income | 117,857 | 101,693 |
| hterest | 3,734 | 1,092 | |
| Total | 121,391 | 102,785 |
| Total | Total | |
|---|---|---|
| 2020/21 | 2019/20 | |
| Transfer offunds from cbsed charities: | 5 | 2 |
| The Ada Lewis Winter Distress Fund | 259,470 | |
| Mansion House Staff Fund | 53,032 | |
| Total | 312,502 |
| E | XPEN | DITURE ON CHAR | ITABLE ACTIVITIES | |
|---|---|---|---|---|
| Unrestricted | Unrestricted | |||
| funds | funds | |||
| 2020/21 | 2019/20 | |||
| k | ||||
| Lady | Dacre | Pensions | 35,249 | 34,799 |
| Legal | fees | 7)847 | 2,398 | |
| Total | 43,096 | 37,197 |
| The value ofinvest | ments held by the charity |
are as follows: | |
|---|---|---|---|
| 2021 | 2020 | ||
| 8 | E | ||
| Market value 1 April | 2,289,920 | 2,566,741 | |
| Additions | 204,157 | ||
| Gain/ Loss forthe | ar | 563,031 | 480,978 |
| Market value 31 March | 2,852,951 | 2,289,920 | |
| Cost 31 March | 2,836,717 | 2,636,717 | |
| Units held in Charities | Pool | 322,659 | 322,659 |
| Held in the | Held ouhride | Total at31 | Held Inthe | Held outside | Total at31 | |||
|---|---|---|---|---|---|---|---|---|
| UK | the UK | March 2021 | UK | the UK | March 2020 | |||
| E | f | 8 | F | 5 | ||||
| Equities | 2,329,953 | 331,548 | 2,661,501 | 1,767,818 | 265,631 | 2,033,449 | ||
| Pooled Units | 152,617 | 152,617 | 164,874 | 164,874 | ||||
| Cash held | Fund Mana | er | 38,833 | 38 33 | 91,597 | 91,597 | ||
| Total | 2521 0$ |
S31548 | 2852951 | 2,024,289 | 265,631 | 2,289,920 |
| At $1 March 2021 | At $1 March 2021 | Unresbictsd General |
income funds Designated |
income funds Designated |
Endowment funds |
Endowment funds |
Endowment funds |
Total at31 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| funds | Funds | March 2021 | ||||||||
| 8 | 8 | 8 | f | |||||||
| Fixed assets - Inwrstments | 1,147,618 | 1,705,333 | 2,852,951 | |||||||
| Current assets | 407801 | 407801 | ||||||||
| Total | 1555419 | 1,705 | 333 | 3,260752 | ||||||
| AtS1March 2020 | Unrestricted | income funds | ||||||||
| Designated | Endowment funds |
Total at 31 | ||||||||
| General funds | Funds | March 2020 | ||||||||
| 8 | 8 | 5 | E | |||||||
| Fixed assets - Irwsstmenls | 104,393 | 816,742 | 1,368,785 | 2,289,920 | ||||||
| Current assets | 329,124 | 329,124 | ||||||||
| Total | 433,517 | 816,742 | 1,368 | 785 | 2619044 | |||||
| MOVEMENT | IN FUNDS | |||||||||
| Total as at | ||||||||||
| Tolal as at 1 | Gains | & | $1 March | |||||||
| At31March 2021 | April 2020 | Income Expenditure |
(losses) | Transfers | 2021 | |||||
| E | F. | E | E | 8 | ||||||
| Permanent endowment |
funds | 1,368,785 | 336,548 | - | 1,705433 | |||||
| Unrestricted ireome funds: |
||||||||||
| General funds | 433,517 | 121,391 | (43,096) | 226,865 | 816,742 | 1,555,419 | ||||
| Desi nated funds |
816,742 | (816,742) | ||||||||
| Total unrestricted | income | |||||||||
| fixxts | 1,250,259 | 121,391 | 43,096 | 226,865 | 1,555r419 | |||||
| Total funds | 2,619,044 | 121,391 | 4$,09 | 863413 | - | $,260,752 |
| Total asat | ||||||||
|---|---|---|---|---|---|---|---|---|
| Total asat 1 | Gairs & | 31 March | ||||||
| At31 March 2020 | April 2019 E |
hcome E |
Experditure E |
(losses) E |
Transfers E |
2020 f |
||
| Permanent | endowmentfrnds | 1,482,071 | 165,191 | (278,477) | - | 1,368,785 | ||
| Ursestricted | income funds: | |||||||
| Genensl finds | 236,344 | 250,096 | (37,197) | (15,726) | 433,517 | |||
| Desi rlated |
funds | 1,003,517 | 186,775) | 816,742 | ||||
| Total unrestricted | income | |||||||
| fuxls | 1,239,861 | 250,096 | (37,197) | (202,501) | - | 1,250,259 | ||
| Total finds | 2,721,932 | 415,287 | 37,197 | (480,978 | 2,619,044 |