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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