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2021-04-05-accounts
9 December 2021
18 December 2021
|
|
|
Unrestricted |
Restricted |
|
|
|
|
Unrestricted |
Designated |
Endowment |
Total |
Total |
|
Notes |
Funds |
Funds |
Funds |
Funds |
Funds |
|
|
2021 |
2021 |
2021 |
2021 |
2020 |
|
|
£ |
£ |
£ |
£ |
£ |
| INCOMEfrom |
|
|
|
|
|
|
| Investment income: |
|
|
|
|
|
|
| Dividends |
|
|
|
|
|
|
|
|
120,641 |
7,772 |
|
128,413 |
179,476 |
| Interest |
|
|
|
|
|
|
|
|
410 |
|
|
410 |
1,751 |
| TOTAL INCOME |
|
|
|
|
|
|
|
|
121,051 |
7,772 |
|
128,823 |
181,227 |
| EXPENDITUREon |
|
|
|
|
|
|
| Cost of raisingfunds: |
|
|
|
|
|
|
| Investment management fees |
|
|
|
|
|
|
|
|
9,449 |
|
10,875 |
20,324 |
31,008 |
| Expenditure on charitable |
|
|
|
|
|
|
| activities |
3 |
73,086 |
110,653 |
|
183,739 |
280,916 |
| TOTAL EXPENDITURE |
|
|
|
|
|
|
|
|
82,535 |
110,653 |
10,875 |
204,063 |
311,924 |
| NET (EXPENDITURE)/INCOME |
|
38,516 |
(102,881) |
(10,875) |
(75,240) |
(130,697) |
| Transfer betweenfunds |
|
|
|
|
|
|
| Net realised gains/ (losses)on |
|
|
|
|
|
|
| investments |
|
324,744 |
397,377 |
82,946 |
805,067 |
(39,767) |
| Net unrealised gains/(losses) on |
|
|
|
|
|
|
| investments |
|
134,869 |
181,234 |
14,985 |
331,088 |
(767,737) |
| NET MOVEMENTS IN FUNDS |
|
498,129 |
475,730 |
87,056 |
1,060,915 |
(938,201) |
| RECONCILIATION OF FUNDS |
|
|
|
|
|
|
| TOTAL FUNDS BROUGHT FORWARD |
|
2,358,085 |
81,150 |
3,001,905 |
5,441,140 |
6,379,341 |
| TOTAL FUNDS CARRIED FORWARD |
|
2,856,214 |
556,880 |
3,088,961 |
6,502,055 |
5,441,140 |
9/12/21
|
2021 |
2020 |
|
£ |
£ |
| Unrestricted funds |
|
|
| Grants -6to institutions (2020: 5 to institutions) |
73,086 |
64,840 |
|
73,086 |
64,840 |
| Unrestricted designated fund |
|
|
| Fellowships- 1 to institutions (2020: 2 institution) |
84,939 |
181,703 |
| Administration and support service |
17,550 |
25,800 |
| Other expenses |
2,464 |
3,053 |
| Governance costs |
|
|
| Accountancy fees |
4,500 |
4,320 |
| Independent examinationfees |
1,200 |
1,200 |
|
110,653 |
216,076 |
|
183,739 |
280,916 |
| 4. |
INVESTMENTS |
|
|
|
|
|
|
|
|
Unrestricted |
Restricted |
|
|
|
|
Unrestricted |
Designated |
Endowment |
Total |
Total |
|
|
fund |
fund |
fund |
2021 |
2020 |
|
|
£ |
£ |
£ |
£ |
£ |
|
Market value at 6 |
|
|
|
|
|
|
April 2020 |
2,401,608 |
308,249 |
2,186,667 |
4,896,524 |
5,947,729 |
|
Additions at cost |
2,938,110 |
279,658 |
3,554,386 |
6,772,154 |
2,135,856 |
|
Proceeds on |
|
|
|
|
|
|
disposals |
(3,145,636) |
(390,983) |
(3,263,564) |
(6,800,183) |
(2,379,557) |
|
Net investment |
|
|
|
|
|
|
(losses)/gains |
|
|
|
|
|
|
-realised |
324,744 |
82,946 |
397,377 |
805,067 |
(39,767) |
|
-unrealised |
134,869 |
14,985 |
181,234 |
331,088 |
(767,737) |
|
|
2,653,695 |
294,855 |
3,056,100 |
6,004,650 |
4,896,524 |
|
Cash deposits |
123,999 |
|
|
123,999 |
249,730 |
|
Market value at 5 |
|
|
|
|
|
|
April 2021 |
2,777,694 |
294,855 |
3,056,100 |
6,128,649 |
5,146,254 |
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Unrestricted fund |
2,518,826 |
2,169,171 |
|
Unrestricted designated fund |
279,870 |
329,703 |
|
Restricted endowment fund |
2,898,696 |
2,416,778 |
|
|
5,697,392 |
4,915,652 |
| 5. |
CREDITORS: amounts falling duewithin oneyear |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Accountancy fees |
15,750 |
4,320 |
|
Independent examinationfees |
1,200 |
1,200 |
|
Grants |
|
64,840 |
|
Fellowships |
64,643 |
123,746 |
|
Othercreditors |
2,773 |
7,578 |
|
|
84,366 |
201,684 |
|
|
Unrestricted |
Restricted |
|
|
|
Unrestricted |
Designated |
Endowment |
Total |
Total |
|
funds |
funds |
funds |
2021 |
2020 |
|
£ |
£ |
£ |
£ |
£ |
| Investments |
2,777,694 |
294,855 |
3,056,100 |
6,128,649 |
5,146,254 |
| Net current assets |
78,520 |
262,025 |
32,861 |
373,406 |
294,886 |
| Total funds |
2,856,214 |
556,880 |
3,088,961 |
6,502,055 |
5,441,140 |
|
|
Unrestricted |
Restricted |
|
|
|
Unrestricted |
Designated |
Endowment |
Total |
Total |
|
funds |
funds |
funds |
2020 |
2019 |
|
£ |
£ |
£ |
£ |
£ |
| Investments |
2,651,338 |
308,249 |
2,186,667 |
5,146,254 |
5,982,798 |
| Net current assets |
(293,253) |
(227,099) |
815,238 |
294,886 |
396,543 |
| Total funds |
2,358,085 |
81,150 |
3,001,905 |
5,441,140 |
6,379,341 |
| 8 |
FUNDS |
Balance |
|
|
|
Realised/ |
Balance |
|
|
at 5April |
|
|
|
unrealised |
at 5April |
|
|
2020 |
Income |
Expenditure |
Transfer |
gains/ (losses) |
2021 |
|
|
£ |
£ |
£ |
£ |
£ |
£ |
|
Unrestricted Funds |
2,358,085 |
121,051 |
(82,535) |
|
459,613 |
2,856,214 |
|
Unrestricted Designated |
|
|
|
|
|
|
|
Funds |
81,150 |
7,772 |
(110,653) |
|
578,611 |
556,880 |
|
Restricted Endowment |
|
|
|
|
|
|
|
Funds |
3,001,905 |
|
(10,875) |
|
97,931 |
3,088,961 |
|
|
5,441,140 |
128,823 |
(204,063) |
|
1,136,155 |
6,502,055 |
| 8 |
FUNDS- |
|
Balance |
|
|
|
Realised/ |
Balance |
|
PREVIOUS |
YEAR |
at 5April |
|
|
|
unrealised |
at 5April |
|
|
|
2019 |
Income |
Expenditure |
Transfer |
gains/ (losses) |
2020 |
|
|
|
£ |
£ |
£ |
£ |
£ |
£ |
|
Unrestricted |
Funds |
2,650,240 |
174,866 |
(79,507) |
|
(387,514) |
2,358,085 |
|
Unrestricted |
|
|
|
|
|
|
|
|
Designated |
Funds |
318,609 |
6,361 |
(216,076) |
|
(27,744) |
81,150 |
|
Restricted |
|
|
|
|
|
|
|
|
Endowment |
Funds |
3,410,492 |
|
(16,341) |
|
(392,246) |
3,001,905 |
|
|
|
6,379,341 |
181,227 |
(311,924) |
|
(807,504) |
5,441,140 |