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|---|---|---|---|---|---|
|Report ofthe Trustees|||I|to|3|
|Independent
Examiner's||Report||||
|Statement ofFinancial||Activities||||
|Balance Sheet||||||
|Notes to the Financial|Statements||7|to|12|
|Detailed Statement of|Financial Activities|||13||
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||||||||31.12.20|31.12.19|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
|||||Notes|g||||
|INCOME AND ENDOWMENTS|||FROM||||||
|Investment
income||||2|25,087|17,411|42,498|46,701|
|KXPKNDITURK|ON||||||||
|Raising funds|||||12,363|6,961|19,324|13,316|
|Other|||||15,496|17,860|33,356|20,314|
|Total|||||27,859|24,821|52,680|33,630|
|Net gains/(losses)|on investments||||13,096|(28,680)|(15,584)|116,708|
|NKT INCOME/(EXPENDITURE)|||||10,324|(36,090)|(25,766)|129,779|
|Transfers
between
funds||||10|(515)|515|||
|Net movenient
in|funds||||9,809|(35,575)|(25,766)|129,779|
|RECONCILIATION||OFFUNDS|||||||
|Total funds brought||forward|||824,303|601,369|1,425,672|1,295,893|
|TOTAL FUNDS|CARRIED FORWARD||||834,112|565,794|1,399,906|1,425,672|
##
|||||31.12.20|31.12.19|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|8||||
|FIXEDASSETS||||||
|Investment
property|7|300,000||300,000|300,000|
|CURRENT ASSETS||||||
|Invesnnents|8|472,014|523,600|995,614|1,001,927|
|Cash at bank||63,023|42,709|105,732|125,185|
|||535,037|566,309|1,101,346|1,127,112|
|CREDITORS||||||
|Amounts
falling due ivithin one year|9|(925)|(515)|(1,440)|(1,440)|
|NETCURRENT ASSETS||534,112|565,794|1,099,906|1,125,672|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||834,112|565,794|1,399,906|1,425,672|
|NET ASSETS||834,112|565,794|1,399,906|1,425,672|
|FUNDS|10|||||
|Unrestricted
funds||||834,112|824,303|
|Restricted
funds||||565,794|601,369|
|TOTAL FUNDS||||1,399,906|1,425,672|
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|INVESTMENT INCOME|||
|---|---|---|
||31.12.20|31.12.19|
|Rents received|14,251|14,717|
|Deposit account uiterest|160|309|
|Dividends
received|28,087|31,675|
||42,498|46,701|
##
|Investment
management|costs|||
|---|---|---|---|
|||31.12.20|31.12.19|
|Portfolio management||12,641|11,865|
|Property repairs||6,683|1,451|
|||19,324|13,316|
##
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||||31.12.20|31.12.19|
|---|---|---|---|---|
|Administration|||I|1|
|No eniployees
received emoluments|in excess off60,000.||||
|COMPARATIVES FORTHE STATEMENT OF FINANCIAL||ACTIVITIES|||
|||Unrestricted|Restricted|Total|
|||funds|funds|full(la|
|INCOME AND ENDOWMENTS|FROM||||
|Investment
income||26,622|20,079|46,701|
|EXPENDITURE ON|||||
|Raising funds||6,832|6,484|13,316|
|Other||11,799|8,515|20,314|
|Total||18,631|14,999|33,630|
|Net gains on inveshnents||55,144|61,564|116,708|
|NET INCOME||63,135|66,644|129,779|
|Transfers
betiveen
funds||(515)|515||
|Net movement
in funds||62,620|67,159|129,779|
||COMPARATIVKS FOR THK STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVKS FOR THK STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVKS FOR THK STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVKS FOR THK STATEMENT OF FINANCIAL ACTIVITIES|- continued||
|---|---|---|---|---|---|---|
||||Unrestricted||Restricted|Total|
|||||funds|funds|funds|
|||||6|||
||RECONCILIATION|OF FUNDS|||||
||Total funds brought|forward||761,683|534,210|1,295,893|
||TOTAL FUNDS CARRIED FORWARD|||824,303|601,369|1,425,672|
|7.|INVESTMENT PROPERTY||||||
||FAIR VALUE||||||
||At 1 Januaty 2020||||||
||and 31 December 2020|||||300,000|
||NKT BOOK VALUE||||||
||At 31December 2020|||||300,000|
||At 31December 2019|||||300,000|
|8.|CURRENT ASSETINVKSTMKNTS||||||
||||||31.12.20|31.12.19|
||Listed investments||||995,614|1,001,927|
|9.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||||
||||||31.12.20|31.12.19|
|||||||I|
||Other creditors||||1,440|1,440|
|10,|MOVEMENT IN FUNDS||||||
|||||Net|Transfers||
||||movement||between|At|
|||At 1/1/20|in|funds|funds|31/12/20|
|||||I||I|
||Unrestricted
funds||||||
||S&LHowland
I|347,777|(7,213)||(1,075)|339,489|
||Churchlands|476,526|17,537||560|494,623|
|||824,303|10,324||(515)|834,112|
||Restricted
funds||||||
||S&LHowland
2|337,787|(29,010)||265|309,042|
||Wicken Tmst|263,582|(7,080)||250|256,752|
|||601,369|(36,090)||515|565,794|
||TOTAL FUNDS|1,425,672|(25,766)|||1,399,906|
##
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|Net movement|in funds, included|in funds, included|in the above are as follows:||||
|---|---|---|---|---|---|---|
||||Incoming|Resources|Gauss and|Movement|
||||resources|expended|losses|in funds|
|Unrestricted|funds||||||
|S&LHotvland|I||14,406|(21,619)||(7,213)|
|Churchlands|||10,681|(6,240)|13,096|17,537|
||||25,087|(27,859)|13,096|10,324|
|Restricted
funds|||||||
|S&LHosvland|2||10,555|(7,979)|(31,586)|(29,010)|
|Wicken Trust|||6,856|(16,842)|2,906|(7,080)|
||||17,411|(24,821)|(28,680)|(36,090)|
|TOTAL FUNDS|||42,498|(52,680)|(15,584)|(25,766)|
|Comparatives|for movement|in|funds||||
|||||Net|Transfers||
|||||movement|between|At|
||||At I/I/19|in funds|funds|31/12/19|
|Unrestricted|funds||||||
|S&LHowland|I||340,552|8,300|(1,075)|347,777|
|Churchfands|||421,131|54,835|560|476,526|
||||761,683|63,135|(515)|824,303|
|Restricted
funds|||||||
|S&LHowland|2||294,377|43,145|265|337,787|
|Wicken Trust|||239,833|23,499|250|263,582|
||||534,210|66,644|515|601,369|
|TOTAL FUNDS|||1,295,893|129,779||1,425,672|
##
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|Unrestricted|funds||||||
|S&LHowland|I||14,990|(6,690)||8,300|
|Churchlands|||11,632|(11,941)|55,144|54,835|
||||26,622|(18,631)|55,144|63,135|
|Restricted
funds|||||||
|S&LHowland|2||12,691|(10,367)|40,821|43,145|
|Wicken Trust|||7,388|(4,632)|20,743|23,499|
||||20,079|(14,999)|61,564|66,644|
|TOTAL FUNDS|||46,701|(33,630)|116,708|129,779|
|A current year|12months|and prior year 12months|combined|position is as follows:|||
|||||Net|Transfers||
|||||movement|between|At|
||||At I/I/19|in funds|funds|31/12/20|
|Unrestricted|funds||||||
|S&LHowland|1||340,552|1,087.|(2,150)|339,489|
|Churchlands|||421,131|72,372|1,120|494,623|
||||761,683|73,459|(1,030)|834,112|
|Restricted
funds|||||||
|S&LHokvland|2||294,377|14,135|530|309,042|
|Wicken Tmst|||239,833|16,419|500|256,752|
||||534,210|30,554|1,030|565,794|
|TOTAL FUNDS|||1,295,893|104,013||1,399,906|
##
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|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|S&LHotvland|I|29,396|(28,309)||1,087|
|Churchlands||22,313|(18,181)|68,240|72,372|
|||51,709|(46,490)|68,240|73,459|
|Restricted funds||||||
|S&LHotvland|2|23,246|(18,346)|9,235|14,135|
|Wicken Trust||14,244|(21,474)|23,649|16,419|
|||37,490|(39,820)|32,884|30,554|
|TOTAL FUNDS||89,199|(86,310)|101,124|104,013|
##
##
##
||||31.12.20|31.12.19|
|---|---|---|---|---|
|INCOME AND ENDOWMENTS|||||
|Investment
income|||||
|Rents received|||14,251|14,717|
|Deposit account interest|||160|309|
|Dividends
received|||28,087|31,675|
||||42,498|46,701|
|Total incoming resources|||42,498|46,701|
|EXPENDITURE|||||
|Investment
management||costs|||
|Portfolio management|||12,641|11,865|
|Property repairs|||6,683|1,451|
||||19,324|13,316|
|Other|||||
|Wages|||1,671|1,671|
|Insurance|||1,162|1,065|
|Computer
costs||||40|
|Clerks expenses|||54|658|
|Ashford PCC|||29,029|15,440|
||||31,916|18,874|
|Support costs|||||
|Governance
costs|||||
|Accountancy
and legal fees|||1,440|1,440|
|Total resources expended|||52,680|33,630|
|Net (expenditure)/income||before gains and|||
|losses|||(10,182)|13,071|
|Realised recognised|gains|and losses|||
|Realised gains/(losses)|on fixed asset investments||(15,584)|116,708|
|Net (expenditure)/inconie|||(25,766)|129,779|