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|---|---|---|---|
|Trustees'<br>Annual<br>Report||||
|Independent<br>Examiner's||Report to the Trustees||
|Statement<br>offinancial|activities|||
|Balance sheet||||
|Notes to the financial|statements||10|





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|Year en|ded 30April|2021||||
|---|---|---|---|---|---|
|Solicitors||Nicholsons|LLP|||
|||23Alexandra||Road||
|||Lowestoft||||
|||Suffolk||||
|||NR32 1PP||||
|Principle|Bankers|The Co-operative|||Bank pic|
|||Kings Valley||Yew Street||
|||Stockport||||
|||Cheshire||||
|||SK42JU||||
|Surveyors||OA Chapman||8 Son||
|||9 Princes Street||||
|||Norwich||||
|||Norfolk||||
|||NR3 1AZ||||





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|||||2021|2021|2020|
|---|---|---|---|---|---|---|
|||||Unrestricted|||
|||||funds|Total funds|Total funds|
||||Note|||F|
|Income and endowments|||||||
|Investment|income||4|100,170|100,170|99,932|
|Total income||||100,170|100,170|99,932|
|Expenditure|||||||
|Charitable<br>activities|||5|(93,977)|(93,977)|(78,760)|
|Total expenditure||||(93,977)|(93,977)|(78,760)|
|Net income|and net movements|in funds before gains|||||
|and losses|on investments|||6,193|6,193|21,172|
|Net gains on investments|||7|451,146|451,146|23,305|
|Net income|and net movement|in funds||457,339|457,339|44,477|
|Reconciliation<br>offunds|||||||
|Total funds|brought<br>forward|||2,911,915|2,911,915|2,867,438|
|Total funds|carried forward|||3,369,254|3,369,254|2,911,915|





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|30April 2|021||||||||
|---|---|---|---|---|---|---|---|---|
||||||2021||2020||
|||||Note|||||
|Fixed assets|||||||||
|Investments||||10||3,031,091||2,579,945|
|Current assets|||||||||
|Cash at bank|and|in|hand||340,188||350,747||
|Creditors: Amounts|||falling due within||||||
|one year|||||2,025||18,777||
|Net current assets||||||338,163||331,970|
|Total assets|less|current liabilities||||3,369,254||2,911,915|
|Funds ofthe charity|||||||||
|Unrestricted|funds|||||3,369,254||2,911,915|
|Total charity|funds|||12||3,369,254||2,911,915|





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|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|
|||Funds|2021|Funds|2020|
|||F||F||
|Gross|rental income|15,300|15,300|15,444|15,444|
|Income|from other investments|84,621|84,621|82,957|82,957|
|Income|on deposits|249|249|1,531|1,531|
|||100,170|100,170|97,619|97,619|





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|Expendi|ture<br>on charitable<br>a|ctivities<br>by fund type||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|||Funds||2021|Funds||2020|
|||F|||F||F|
|Grants|payable|80,700||80,700|65,865||65,865|
|Support|costs|13,277||13,277|12,895||12,895|
|||93,977||93,977|78,760||78,760|



|help<br>maintain<br>services.<br>Below are<br>details<br>of the<br>activitie<br>authorised<br>ofF1,000 or more.|s<br>which<br>have<br>been<br>f|
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|Lowestoft Club for the Elderly|F1,000|
|SHOPMOBILITY|F2,000|
|Fisherman's<br>Mission|F10,000|
|Foodbank|F10,000|
|Kirkley St Peter and St John for Kirkley Pantry|F3,342|
|Disability Advice|F5,000|
|The Salvation<br>Army South Corps|F10,000|
|East Coast College for Sixth Form College|F4,000|
|East Coast College|F3,000|
|Red Oak Primary School|F2,500|



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|Analysis of||up|port cost|s||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|||
||||||||funds|Total 2021|Total 2020|
||||||||F||F|
|Communications|||and IT||||40|40|40|
|General office|||||||473|473|392|
|Governance|costs||||||996|996|977|
|Insurance|||||||||84|
|Clerical costs|||||||11,768|11,768|11,373|
||||||||13,277|13,277|12,866|
|Net gains on||investments||||||||
|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||Funds|2021|Funds|2020|
|||||||F||F|F|
|Gains/(losses)||on listed investments||||451,146|451,146|23,305|23,305|
|Independent||examination||fees||||||
|||||||||2021|2020|
||||||||||F|
|Fees payable||to|the independent||examiner for:|||||
|Independent||examination||ofthe|financial|statements||996|977|



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|Investments||
|---|---|
||Other|
||investments|
|Cost or valuation||
|At 1 May 2020|2,579,945|
|Additions||
|Other movements|451,146|
|At 30April 2021|3,031,091|
|Impairment||
|At 1 May 2020 and 30April 2021||
|Carrying<br>amount||
|At 30April 2021|3,031,091|
|At 30April 2020|2,579,945|



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|2021|2020|
|---|---|
|2,025|18,777|



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||||At|||Gains and|At|
|---|---|---|---|---|---|---|---|
|||1|May 2020|Income|Expenditure|losses|30April 2021|
||||F||||F|
|General|funds||2,911,915|100,170|(93,977)|451,146|3,369,254|
||||At|||Gains and|At|
|||1|May 2019|Income|Expenditure|losses|30April 2020|
||||F|F|F|F|F|
|General|funds||2,867,438|99,932|(78,760)|23,305|2,911,915|





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|Analysis of net assets between<br>funds|||
|---|---|---|
||Unrestricted|Total Funds|
||Funds|2021|
||F||
|Investments|3,031,091|3,031,091|
|Current assets|338,163|338,163|
|Net assets|3,369,254|3,369,254|
||Unrestricted|Total Funds|
||Funds|2020|
||F||
|Investments|2,579,945|2,579,945|
|Current assets|331,970|331,970|
|Net assets|2,911,915|2,911,915|