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|PRINCIPAL|ADVISERS|||||
|---|---|---|---|---|---|
|BANKERS|||FUND MANAGERS|AUDITOR||
|Clydesdale|Bank pic||I M Finn &Co Ltd|Crowe L.K.|LLP|
|146—158Kensington||High Street|4 Coleman Street|55 Ludgate|Hill|
|London|||London|London||
|WB 7RL|||EC2R STA|EC4M 7JW||



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||||FOR THE YEAR ENDED|31AUGUST 2|020||
|---|---|---|---|---|---|---|
|||||Notes|2020<br>E|2019f|
|Income and||endowments|from:||||
|Donations|||||10,000|0|
|Investments|||||31,001|35,108|
|TOTAL|||||41,001|35,108|
|Expenditure||on:|||||
|Raising funds|||||||
|Investment|management||costs||4,595|4,900|
|Charitable|activities||||||
|Legal Fees|||||0|0|
|Benevolent|grants||||100,000|350,000|
|TOTAL|||||104,595|354,900|
|OPERATING||SURPLUS / (LOSS)|||(63,594)|(319,792)|
|Net realised||and unrealised|gains on investments||(5,661)|36,356|
|NET INCOME||/ (EXPENDITURE)|||(69,255)|(283,436)|
|NET MOVEMENT<br>IN FUNDS|||||(69,255)|(283,436)|
|FUNDS|||||||
|Balance at|1|September 2019|||1,025,105|1,308,541|
|BALANCE AT||31AUGUST 2020|||955,850|1,025,105|





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||||2020|2019|
|---|---|---|---|---|
||Notes||f|f|
|FIXEDASSET INVESTMENTS|||||
|Quoted securities at market value|||890,177|1,050,433|
|Costf652,061(2019:f752,886)|||||
|CURRENT ASSETS|||||
|Debtors||0||615|
|Cash at bank||65,923||24,057|
|||65,923||24,672|
|CURRENT LIABILITIES|||||
|Sundry creditors||250||50,000|
|NET CURRENT ASSETS|||65,673|(25,328j|
|TOTAL ASSETS|||955,850|1,025,105|
|Represented<br>by:|||||
|UNRESTRICTED FUNDS|||955,850|1,025,105|





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|INVESTMENTS||2020|2019|
|---|---|---|---|
|||f|f|
|Market value at 1September 2019||1,050,433|1,270,711|
|Less: Disposal proceeds||(286,842)|(355,991j|
|Add: Acquisitions<br>at cost||132,247|99,357|
|Net realised<br>and unrealised|gains/(losses)|(5,661)|36,356|
|Market value at 31August|2020|890,177|1,050,433|
|Cost at31August 2020||652,061|752,886|



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