| /ncoine | Capital | ||||
|---|---|---|---|---|---|
| Notes | Fund | Account | 2020 | 2019 | |
| INCOME FROM: | |||||
| In vestments | |||||
| Income from UK investments Income I'rom foreign investments HSBC bank interest |
292,045 98,668 383 |
292,045 98,668 383 |
458,826 96,717 675 |
||
| Total income | 391,096 | 391,096 | 556,218 | ||
| EXPENDITURE ON: | |||||
| Raising funds- | |||||
| Investment management costs Charitable activities- |
40,308 | 40,308 | 41,686 | ||
| Grants payable in furtherance |
|||||
| ofcharity*s objectives Support costs ofcharitable activities |
2 3 |
391,155 47,235 |
391,155 47,235 |
430,841 47,224 |
|
| Total expenditure | 478,698 | 478,698 | 519,751 | ||
| Net (expenditure) / income |
(87,602) | (87,602) | 36,467 | ||
| Net (losses) / gains on investments- | |||||
| Realised (losses) / gains on sale of | |||||
| fixed asset investments Unrealised (losses) / gains on fixed asset |
(7,890) | (95,132) | (103,022) | 39,799 | |
| investments | 4 | 3,078 | (547,870) | (544,792) | 2,313,924 |
| Transfer between funds |
(6,882) | 6,882 | |||
| Net movement in funds in year |
(99,296) | (636,120) | (735,416) | 2,390,190 | |
| Total funds brought forward | 525,198 | 14,377,184 | 14,902,382 | 12,512,192 | |
| Total funds carried forward | 425,902 | 13,741,064 | 14,166,966 | 14,902,382 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| Fixed assets | |||||
| Investments | 4 | 13,917,909 | 14,596,227 | ||
| Current assets | |||||
| Debtors | 5 | 178 | 443 | ||
| Short term deposits | 6,585 | 18,769 | |||
| Cash at bank | 260,846 | 316,253 | |||
| 267,609 | 335,465 | ||||
| Creditors: amounts | falling due within | one year | 6 | (3,552) | (14,310) |
| Net current assets | 264,057 | 321,155 | |||
| Grants conditionally | payable | 7 | (15,000) | (15,000) | |
| Net assets | 14,166,966 | 14,902,382 | |||
| Funds | |||||
| Capital funds | 8 | 13,741,064 | 14,377,184 | ||
| Income funds | Unrestricted | 8 | 425,902 | 525,198 | |
| Total funds | 14,166,966 | 14,902,382 |
| 2020 | 2079 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | ||||||||
| Cashflowe from operating | activities | |||||||
| Net cash usedin operating |
activities | 10 | (489,192) | (519,572) | ||||
| Cash flows from investing | activities: | |||||||
| Dividends and interest fiom investments |
391,096 | 556,218 | ||||||
| Proceeds from sale ofinvestments | 630 701 | 479 958 | ||||||
| Purchase ofinvestments | (673,394) | (319,699) | ||||||
| Net cash provided by operating activiti |
es | 348,403 | 716,477 | |||||
| Change in cash and cash equivalents |
in the | reporting | period | (140,789) | 196,905 | |||
| Cash and cash equivalents | at the beginning | ofthe reporting | period | 483,767 | 286,862 | |||
| Cash and cash equivalents | at the end | ofthe | reporting | period | 342,978 | 483,767 | ||
| Analysis ofcash and cash | equivalents | |||||||
| Cash at bank | 260,846 | 316,253 | ||||||
| Short term deposits | 6,585 | 18,769 | ||||||
| Long term deposits | 75,547 | 148,745 | ||||||
| Total cash and cash equivalents | 342,978 | 483,767 |
| Section 2 e Em lovment | and | and | and | avment ofnurses | avment ofnurses | avment ofnurses | |
|---|---|---|---|---|---|---|---|
| Willow Burn Hospice | 14,000 | ||||||
| Marie Curie Cancer Care | 5,000 | ||||||
| 19,000 | |||||||
| Section 2 Charitable Or |
anisations | ||||||
| Age UK Sunderland | 4,000 | ||||||
| Alice House Hospice | 5,700 | ||||||
| Barnardos North East | 2,000 | ||||||
| Blind Veterans UK | 5,000 | ||||||
| Blue Watch Youth Centre | 1,500 | ||||||
| Carers UK | 3,000 | ||||||
| Caudwell Children |
2,000 | ||||||
| Centre for Health &Pastoral | Care | 3,000 | |||||
| Church Army City ofSunderland YMCA |
1,500 2,200 |
||||||
| Cleveland Youth Association |
3,000 | ||||||
| Clowns In The Sky | 800 | ||||||
| Community Foundation for the High Sheriffs Corporation ofthe Sons ofthe Clergy |
Fund Tyne and Wear | 3,000 1,500 |
|||||
| Deafblind UK |
4,000 | ||||||
| Dream Holidays | 4,500 | ||||||
| Durham Association ofBoys | and Girls Clubs | 7,500 | |||||
| Durham Choristers School |
2,000 | ||||||
| Durham High School |
4,700 | ||||||
| Durham School |
3,500 | ||||||
| Durham School Bursaries |
2,000 | ||||||
| Durham Scout County |
2,700 | ||||||
| Durham Wildlife Trust |
1,500 | ||||||
| Family Holiday Association | 2,000 | ||||||
| Finchale Group | 1,000 | ||||||
| Framwellgate Moor Youth & Friends ofBarbara Priestman |
Community Academy |
Ass | ociation | 5,355 1,000 |
|||
| George Hudson's Charity |
8,500 | ||||||
| Happy Days | 4,000 | ||||||
| Heartbeat | 3,000 | ||||||
| Innervation Trust |
1,000 | ||||||
| Kepier Trust | 5,000 | ||||||
| Lambton Street Youth Centre | 3,300 | ||||||
| Leonard Cheshire | 2,000 | ||||||
| Listening Books | 3,000 | ||||||
| Living Paintings | 1,500 | ||||||
| Motor Neurone Disease Association |
4,000 | ||||||
| National Police Community | Trust | 2,400 | |||||
| Newlife the Charity for Disabled Children | 5,000 | ||||||
| North East Disabilities Resource Centre North ofEngland District Boys Brigade |
2,000 2,000 |
||||||
| Carried forward | 126,655 |
| Brought forward | 126,655 | ||||||
|---|---|---|---|---|---|---|---|
| Northern Counties Children's |
Benevolent | Foundation | 2,350 | ||||
| Northumbria Deaf Mission |
3,000 | ||||||
| NSPCC Bishop Auckland | 3,300 | ||||||
| NSPCC Sunderland Branch |
3,300 | ||||||
| Outward Bound Trust |
2,000 | ||||||
| Parkinson's UK |
3,000 | ||||||
| PDSA Sunderland | 3,300 | ||||||
| Place2Be | 5,000 | ||||||
| Queen Street Heritage Trust | 10,000 | ||||||
| Refuge | 2,000 | ||||||
| ROCSOLID | 7,000 | ||||||
| Royal British Legion Poppy | Day Appeal | 3,300 | |||||
| Royal National Lifeboat Institution | —Sunderland | 2,500 | |||||
| Sailors Children's Society |
2,000 | ||||||
| Salvation Army, Sunderland | 2,700 | ||||||
| Samaritans ofSunderland | 2,200 | ||||||
| SSAFA Tyne &Wear | 3,000 | ||||||
| StJohn Ambulance | 2,200 | ||||||
| Stella Maris | 2,000 | ||||||
| Sunderland &Durham Royal |
Society ofthe | Blind | 5,000 | ||||
| Sunderland Guild ofHelp |
3,000 | ||||||
| Sunderland Maritime Heritage |
5,000 | ||||||
| Sunderland North Division |
Girl Guide Association | 2,700 | |||||
| Sunderland Scout Council |
2,700 | ||||||
| Sunderland South Division |
Girl Guide Association | 2,700 | |||||
| The British Polio Fellowship | Sunderland | 2,000 | |||||
| The Camphill Village Trust, |
Botton | 3,300 | |||||
| The Children's Foundation |
4,000 | ||||||
| The Guide Association Durham |
2,500 | ||||||
| The Sick Children's Trust |
5,000 | ||||||
| The Sunderland Orphanage |
and | Educational | Foundation | 8,500 | |||
| The Wildlife &Wetlands Trust |
1,850 | ||||||
| TURN2US | 2,000 | ||||||
| Vision Learning Trust |
5,000 | ||||||
| Washington Riding Centre |
1,500 | ||||||
| Wear Valley Women's Aid | 5,000 | ||||||
| Weardale Museum |
8,000 | ||||||
| World Cancer Research Fund | 2,000 | ||||||
| Zoe's Place Baby Hospice | 5,000 | ||||||
| 267,555 | |||||||
| Grants approved cancelled |
in the year | ||||||
| Sunderland Victims Support |
Scheme | (3,300) | |||||
| 264,255 |
| Grants (continued) |
||||
|---|---|---|---|---|
| Section 2 1 Maintenance |
ofChurches | and Church Buildin | s | |
| All Saints Preston PCC | 3,000 | |||
| Burythorpe Village Church Council |
7,000 | |||
| Churches Conservation Trust |
10,000 | |||
| Friends ofDurham Cathedral |
4,000 | |||
| Greatham PCC |
6,000 | |||
| Holy Trinity Micklegate PCC | 5,000 | |||
| Holy Trinity Wensley Friends | 8,000 | |||
| Middleton Tyas Parish Church |
Committee | 6,000 | ||
| PCC ofKirbymisperton | 7,000 | |||
| St Catherine's Church New Brancepeth |
5,000 | |||
| StHelen's PCC | 5,000 | |||
| StLawrence PCC | 5,000 | |||
| StMary's Church Development | Appeal | 8,000 | ||
| StMarys Church, Wycliffe | 5,000 | |||
| StPeter's Bentley PCC | 2,000 | |||
| StPeter's Church Brafferton PCC | 7,000 | |||
| 93,000 |
| Section 2 2 Relief and Maintenance |
ofCler | /Church | Officials and their families | |
|---|---|---|---|---|
| Bishop of Durham's Discretionary Board |
3,100 | |||
| Church ofEngland Pensions Board | 3,000 | |||
| Clergy Support Trust | 2,000 | |||
| Durham Diocesan Board ofFinance |
6,800 | |||
| 14,900 | ||||
| Total ofall grants paid or conditionally | payable | in the year | 391,155 |
| Support cost | s of | charitable activities |
||
|---|---|---|---|---|
| 2020 | 2079 | |||
| Legal and professional | fees | 43,420 | 43,215 | |
| Audit fees (for audit services) | 3,648 | 3,552 | ||
| Cost ofTrustees' | meetings | 15 | 129 | |
| Bank charges | 152 | 328 | ||
| 47,235 | 47,224 |
| Investments | ||||
|---|---|---|---|---|
| 2020 | 2019 | |||
| Quoted investments | 13,842,362 | 14,447,482 | ||
| Cash equivalents on deposit |
75,547 | 148,745 | ||
| 13,917,909 | 14,596,227 | |||
| Quoted investments | ||||
| 2020 | 2019 | |||
| Market value at I January 2020 | 14,447,482 | 12,254,018 | ||
| Less Disposals based on market value at 1 | January 2020 | (945,519) | (440,159) | |
| Add Acquisitions at cost |
885,191 | 319,699 | ||
| Net unrealised (losses)/gains |
on revaluation | at 31December 2020 | (544,792) | 2,313,924 |
| Market value at31December | 2020 | 13,842,362 | 14,447,482 | |
| Historical cost at 31December 2020 | 6,302,782 | 6,249,248 |
| Debtors | ||
|---|---|---|
| 2020 | 2019 | |
| McKenzie Bell | 178 | 193 |
| Bank charges refund receivable | 250 | |
| 178 | 443 |
| 2020 | 2019 | ||
|---|---|---|---|
| Governance | costs accrual | 3,552 | 3,455 |
| McKenzie | Bell | 7,650 | |
| Stephenson | Coates | 3,205 | |
| 3,552 | 14,310 |
| 7. | Grants conditionally payable |
|||||
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| Balance at I January 2020 | 15,000 | 15,000 | ||||
| Grants approved but not paid during the | year | 5,000 | ||||
| Grants approved in a prior year and paid |
during the | year | (5,000) | |||
| Balance at 31December 2020 | 15,000 | 15,000 | ||||
| 8. | Analysis ofnet assets between |
funds | ||||
| Capital | Income | |||||
| fund | fund | Total | ||||
| Fund balances at 31 December 2020 are | represented | by: | ||||
| Fixed asset investments | 13,741,064 | 176,845 | 13,917,909 | |||
| Debtors | 178 | 178 | ||||
| Cash at bank and short term deposits | 267,431 | 267,431 | ||||
| Creditors | (3,552) | (3,552) | ||||
| Deferred grants | (15,000) | (15,000) | ||||
| Total net assets | 13,741,064 | 425,902 | 14,166,966 | |||
| Analysis ofnet assets between funds —previous year | ||||||
| Capital | Income | |||||
| fund | fund | Total | ||||
| Fund balances at 31December 2019are | represented | by: | ||||
| Fixed asset investments | 14,169,548 | 426,679 | 14,596,227 | |||
| Debtors | 443 | 443 | ||||
| Cash at bank and short term deposits | 207,636 | 127,386 | 335,022 | |||
| Creditors | (14,310) | (14,310) | ||||
| Deferred grants | (15,000) | (15,000) | ||||
| Total net assets | 14,377,184 | 525,198 | 14,902,382 |
| activities | |||
|---|---|---|---|
| 2020 | 20/9 | ||
| Net (expenditure)/income for the reporting |
period | (735,416) | 2,390,190 |
| Adjustments for: |
|||
| Losses/(gains) on investments |
647,814 | (2,353,723) | |
| Dividends and interest from investments |
(391,096) | (556,218) | |
| Decrease/(increase) in debtors |
265 | (121) | |
| (Decrease)/increase in creditors |
(10,759) | 300 | |
| Net cash used in operating activities |
(489,192) | (519,572) |