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||||Page|
|---|---|---|---|
|Reference and administrative||details ofthe charity, its Trustees and advisers||
|Trustees' report|||2-4|
|Independent
auditor's|report|on the financial statements|5-8|
|Statement offinancial|activities|||
|Balance sheet|||10|
|Notes to the financial|statements||11-19|
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|Trustees||Professor|A Augusti|A Augusti|||
|---|---|---|---|---|---|---|
|||Professor|J Durell||||
|||Mr B Fulion (appointed|||22 April 2021)||
|||Mrs K Goldstone|||||
|||Professor|J Jones,|Chairman|||
|||Professor|SPalmer||||
|||Mr SPrendiville|||||
|Charity registered|||||||
|number||209746|||||
|Principal office||37Caledonian
Road|||||
|||London|||||
|||N1 9BU|||||
|Independent|auditor|Kresion Reeves LLP|||||
|||Chartered|Accountants||||
|||Montague|Place||||
|||Quayside|||||
|||Chatham|Maritime||||
|||Chatham|||||
|||Kent|||||
|||ME4 4QU|||||
|Bankers||Barclays Bank PLC|||||
|||Maidstone|2||||
|||Leicester|||||
|||LE872BB|||||
|Investment|managers|Savills Investment||Management||(UK) Limited|
|||33Margaret Street|||||
|||London|||||
|||W1G OJD|||||
|||Vanguard|Investments||UK Limited||
|||PO Box10315|||||
|||Chelmsford|||||
|||CM99 2AT|||||
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2021|2021|2021|2020|
||||Note|6|8|8|E|
|Income from:||||||||
|Donations
and legacies||||7,445||7,445|11,570|
|Investments||||37,226||37,226|30,934|
|Total income||||44,671||44,671|42,504|
|Expenditure
on:||||||||
|Charitable
activities||||45,619||45,619|54,146|
|Total expenditure||||45,619||45,619|54,146|
|Net expenditure|before net gains on|||||||
|investments||||(948)||(948)|(11,642)|
|Net gains on investments||||301,859||301,859|109,557|
|Net income||||300,911||300,911|97,915|
|Transfers
between||funds|12|(1,317)|1,317|||
|Net movement
in||funds||299,594|1,317|300,911|97,915|
|Reconciliation
of||funds:||||||
|Total funds brought||forward||1,719,173|101,300|1,820,473|1,722,558|
|Net movement
in|funds|||299,594|1,317|300,911|97,915|
|Total funds carried forward||||2,018,767|102,617|2,121,384|1,820,473|
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||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2021|2021|2020|
|||6||
|Donations|7,445|7,445|11,570|
|Total 2020|11,570|11,570||
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||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2021
6|2021f|2020f|
|Income from listed investments|37,228|37,226|30,934|
|Total 2020|30,934|30,934||
|Analysis ofgrants||||
||Grants to|Total|Total|
||Individuals|funds|funds|
||2021|2021|2020|
||6|6|E|
|Grants to individuals|31,411|31,411|39,801|
|Total 2020|39,801|39,801||
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||Grant||||
|---|---|---|---|---|
||funding
of|Support|Total|Total|
||activities|costs|funds|funds|
||2021|2021|2021|2020|
|Support costs||14,208|14,208|14,345|
|Grants|31,411||31,411|39,801|
||31,411|14,208|45,619|54,146|
|Total 2020|39,801|14,345|54,146||
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|||||||Total|Total|
|---|---|---|---|---|---|---|---|
||||||Activities|funds|funds|
||||||2021|2021|2020f|
|Legal and|professional||fees||35|35|35|
|Trustees'|and|officers'|expenses||619|619|171|
|Bank charges|||||84|84|78|
|Management||and administration||costs|9,270|9,270|9,861|
|Auditors'|remuneration||||4,200|4,200|4,200|
||||||14,208|14,208|14,345|
|Total 2020|||||14,345|14,345||
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||Listed|
|---|---|
||investments|
|Cost or valuation||
|At 1 January 2021|1,690,372|
|Revaluations|301,859|
|At 31 December 2021|1,992,231|
|Net book value||
|At 31 December 2021|1,992,231|
|At 31 December 2020|1,690,372|
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||2021|2020|
|---|---|---|
||6|E|
|Due after more than one year|||
|Interest free loans|22,400|18,500|
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|||2021|2020|
|---|---|---|---|
||||E|
|Other creditors||1,000||
|Accruals and deferred|income|4,200|4,200|
|||5,200|4,200|
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|||||||Balance at|
|---|---|---|---|---|---|---|
||Balance at 1|||||31|
||January|||Transfers|Gainsi|December|
||2021|Income|Expenditure|In/out|(Losses)|2021|
||E|E||E|E|E|
|Unrestricted|||||||
|funds|||||||
|General
Fund|1,568,801|44,671|(45,619)|(1,317)||1,566,536|
|Investment|||||||
|Revaluation|||||||
|Reserve|150,372||||301,859|452,231|
||1,719,173|44,671|(45,619)|(1,317)|301,859|2,018,767|
|Restricted|||||||
|funds|||||||
|Roland Dobbs|||||||
|Bursary Fund|101,300|||1,317||102,617|
|Total offunds|1,820,473|44,671|(45,619)||301,859|2,121,384|
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|Statemen|t offun|ds - prior year||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
|||Balance at|||||31|
|||1 January|||Transfers|Gains/|December|
|||2020|Income|Expenditure|in/out|(Losses)|2020|
||||6|6|6||6|
|Unrestricted||||||||
|funds||||||||
|General|Fund|1,564,278|42,504|(54,146)|16,165||1,568,801|
|Investment||||||||
|Revaluation||||||||
|Reserve|||||(17,465)|109,557|150,372|
|||1,622,558|42,504|(54,146)|(1,300)|109,557|1,719,173|
|Restricted||||||||
|funds||||||||
|Roland Dobbs||||||||
|Bursary|Fund|100,000|||1,300||101,300|
|Total of|funds|1,722,558|42,504|(54,146)||109,557|1,820,473|
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|Summary offun|ds - current year||||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||Balance at 1|||||31|
||January|||Transfers|Gains/|December|
||2021|Income|Expenditure|in/out|(Losses)|2021|
||6|6|6|6|6|6|
|General funds|1,719,173|44,671|(45,619)|(1,317)|301,859|2,018,767|
|Restricted funds|101,300|||1,317||102,617|
||1,820,473|44,671|(45,619)||301,859|2,121,384|
|Summary offunds - prior year|||||||
|||||||Balance at|
||Balance at|||||31|
||1 January|||Transfers|Gains/|December|
||2020|Income|Expenditure|in/out|(Losses)|2020|
||K|5||6|5|F|
|General funds|1,622,558|42,504|(54,146)|(1,300)|109,557|1,719,173|
|Restricted funds|100,000|||1,300||101,300|
||1,722,558|42,504|(54,146)||109,557|1,820,473|
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|Analysis ofnet assets between funds - current|year|||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||2021|2021|2021|
||6|6||
|Fixed asset investments|1,992,231||1,992,231|
|Debtors due after more than one year|22,400||22,400|
|Current assets|9,336|102,617|111,953|
|Creditors due within one year|(5,200)||(5,200)|
|Total|2,018,767|102,617|2,121,384|
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|Analysis ofnet assets between funds - prior ye|ar|||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||2020|2020|2020f|
|Fixed asset investments|1,690,372||1,690,372|
|Debtors due after more than one year|18,500||18,500|
|Current assets|14,501|101,300|115,801|
|Creditors due within one year|(4,200)||(4,200)|
|Tl|1,719,173|101,300|1,820,473|
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