| Trustees | Mr M J Baunton, CBE | Mr M J Baunton, CBE | |||
|---|---|---|---|---|---|
| Mr R G Smith, OBE | |||||
| Mr T L Evans | |||||
| Sir I G McAllister, CBE |
|||||
| Mr W Parfitt, CBE | |||||
| Baron George Simpson of Dunkeld | |||||
| Mr T C Bonner, CBE | |||||
| Mr D N Reilly, CBE | |||||
| Mr J Greenwell, CBE |
|||||
| Mr J M Neill, CBE | |||||
| Mr TAbbott | |||||
| Mr G P Jones | |||||
| Mr TWalker, CBE | |||||
| Mr G Gillespie, OBE | |||||
| Mr D Morris | |||||
| Mr AJ Barratt | |||||
| Dr S Hoffmann | |||||
| Mr R Shaw | |||||
| Mr M Flanagan (appointed |
16 | September 2020) | |||
| Mr G Saint (appointed |
16 | September 2020) | |||
| Charity number | 209852 | ||||
| Registered | office | 71 Great Peter Street | |||
| London | |||||
| SW1P 2BN | |||||
| Auditors | Ensors Accountants | LLP | |||
| Cardinal House |
|||||
| 46 St Nicholas Street | |||||
| Ipswich | |||||
| IP1 1TT | |||||
| Bankers | National Westminster |
Bank | pic | ||
| 38 Strand | |||||
| London | |||||
| WC2N 5JB | |||||
| CCLA Investment Management |
Ltd | ||||
| COIF Charity Funds | |||||
| 80 Cheapside | |||||
| London | |||||
| EC2V 6DZ | |||||
| Investment | advisors | HSBC Global Asset Management | |||
| 78StJames' Street | |||||
| London | |||||
| SW1A 1HL |
| Page | |||
|---|---|---|---|
| Trustees' report |
3-7 | ||
| Statement ofTrustees' |
responsibilities | ||
| Independent examiner's |
report | ||
| Statement offinancial |
activities | 10 | |
| Balance sheet | |||
| Notes to the accounts | 12-17 |
| The reserves and its policy | ar | e | set out as follo | ws: | ||
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| F | ||||||
| Fund Balance as at beginning | ofthe year | 1,543,187 | 1,363,186 | |||
| Restricted Designated Funds: |
||||||
| Unrestricted Funds |
1,543,187 | 1,363,186 | ||||
| Profit/(Loss) from Investments |
3,462 | 207,623 | ||||
| Admin Expenses | (8,158) | (10,228) | ||||
| Funding Mission Motorsport |
(40,000) | |||||
| Grants to Individuals (BEN) |
2,654 | (4,664) | ||||
| Funding Enthuse |
(2,600) | |||||
| The Institution of Engineering |
and Technology | Bursaries | (3,300) | (3,300) | ||
| Funding YMCA Derbyshire |
(Toyota Working Assets Programme) | (2,000) | (2,000) | |||
| Funding Green Power Project |
(7,430) | |||||
| Total Funds at the end of | the | year | 1,493,245 | 1,543,187 |
| Unrestricted | Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2020 | 2019 | |||||
| Notes | ||||||
| Income from: | ||||||
| Investments | 37,683 | 44,764 | ||||
| Ex enditure on: | ||||||
| Raising funds | 5,878 | 7,858 | ||||
| Charitable activities |
47,526 | 19,764 | ||||
| Total resources | expended | 53,404 | 27,622 | |||
| Net gains/(losses) | on investments | 10 | (34,221) | 162,859 | ||
| Net movement | in | funds | (49,942) | 180,001 | ||
| Fund balances | at 1 January 2020 | 1,543,187 | 1,363,186 | |||
| Fund balances | at | 31 December 2020 | 1,493,245 | 1,543,187 |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | f. | ||||||
| Fixed assets | |||||||
| Investments | 1,315,699 | 1,465,702 | |||||
| Current assets | |||||||
| Debtors | 13 | 102,530 | 2,465 | ||||
| Cash at bank and | in | hand | 86,553 | 86,556 | |||
| 189,083 | 89,021 | ||||||
| Creditors: amounts | falling due within | 14 | |||||
| one year | (11,537) | (11,536) | |||||
| Net current assets | 177,546 | 77,485 | |||||
| Total assets less | current liabilities | 1,493,245 | 1,543,187 | ||||
| Income funds | |||||||
| Unrestricted funds |
1,493,245 | 1,543,187 | |||||
| 1,493,245 | 1,543,187 |
| 2020f | 2019f | ||
|---|---|---|---|
| Income | from listed investments | 37,626 | 44,643 |
| Interest | receivable | 57 | 121 |
| 37,683 | 44,764 |
| 2020 | 2019 |
|---|---|
| E | E |
| 5,878 | 7,858 |
| 5,878 | 7,858 |
| 2020f | 2019f | ||||
|---|---|---|---|---|---|
| Grant | funding | ofactivities (see note 6) | 45,246 | 17,394 | |
| Share | ofgovernance | costs (see note 7) | 2,280 | 2,370 | |
| 47,526 | 19,764 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Grants to | institutions: | |||
| Greenpower Project |
7,430 | |||
| Mission Motorspoit | 40,000 | |||
| The Institution of Engineering |
and Technology | 3,300 | 3,300 | |
| YMCA Derbyshire | 2,000 | 2,000 | ||
| Enthuse | 2,600 | |||
| 47,900 | 12,730 | |||
| Grants to | individuals | (2,654) | 4,664 | |
| 45,246 | 17,394 | |||
| Support costs | ||||
| 2020 | 2019 | |||
| Audit fees | 2,220 | 2,310 | ||
| Bank charges | 60 | 60 | ||
| 2,280 | 2,370 | |||
| Analysed | between | |||
| Charitable | activities | 2,280 | 2,370 |
| 2020 | 2019 | ||
|---|---|---|---|
| Revaluation | of investments | (65,988) | 97,795 |
| Gain on sale | of investments | 31,767 | 65,064 |
| (34,221) | 162,859 |
| Fixed asset investments | |||
|---|---|---|---|
| Listed | Cash in | Total | |
| investmentsf | porffolio | ||
| Cost or valuation | |||
| At 31 December 2020 | 1,437,962 | 27,740 | 1,465,702 |
| Additions | 924,439 | (924,439) | |
| Valuation changes |
(65,988) | 31,748 | (34,240) |
| Disposals | (997,584) | 881,821 | (115,763) |
| At 31 December 2020 | 1,298,829 | 16,870 | 1,315,699 |
| Carrying amount |
|||
| At 31 December 2020 | 1,298,829 | 16,870 | 1,315,699 |
| At 31 December 2019 | 1,437,962 | 27,740 | 1,465,702 |
| 12 | Financial | instruments | instruments | 2020 | 2019 | |||
|---|---|---|---|---|---|---|---|---|
| E | ||||||||
| Carrying | amount | offinancial | assets | |||||
| Debt instruments | measured | at amortised | cost | 102,530 | 2,465 | |||
| Equity instruments | measured | at cost less | impairment | 1,315,699 | 1,465,702 | |||
| Carrying | amount | offinancial | liabilities | |||||
| Measured | at amortised cost |
11,537 | 11,536 |
| 13 | Debtors | |||
|---|---|---|---|---|
| 2020 | 2019 | |||
| Amounts falling due |
within one year: | |||
| Other debtors | 102,530 | 2,465 | ||
| 14 | Creditors: amounts | falling due within one year | ||
| 2020 | 2019 | |||
| E | ||||
| Accruals and deferred | income | 11,537 | 11,536 |