| General | Endowment | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Note | Fund | Fund | Total | 2020 | |||||
| E | E | f | E | ||||||
| INCOME &ENDOWMENTS | FROM: | ||||||||
| Donations 8 Legacies |
600 | 600 | 650 | ||||||
| Investment income |
2.1 | 78,421 | 78,421 | 96,967 | |||||
| Total income | 79,021 | 79,021 | 97,617 | ||||||
| EXPENDITURE ON | |||||||||
| Raising Funds | 3 | 4,377 | 4,377 | 4,871 | |||||
| Charitable Activities: |
5 | 79,720 | 79,720 | 109,607 | |||||
| Total expenditure | 79,720 | 4,377 | 84,097 | 114,478 | |||||
| Net income/ (expenditure) |
for | the year | |||||||
| before gains (losses) on investments | (699) | (4,377) | (5,076) | (16,861) | |||||
| Net gains (losses) on investment | assets | 9 | 20,363 | 474,639 | 495,002 | (434,488) | |||
| Net Movement in the year |
19,664 | 470,262 | 489,926 | (451,349) | |||||
| Reconciliation offunds | |||||||||
| Totalfunds brought forward |
116,489 | E | 1,599,734 | 1,716,223 | 2,167,572 | ||||
| Total Funds carried forward | E | 136,153 | E | 2,069,996 | E | 2,206,149 E | 1,716,223 |
| 2 | DONATIONS | AND LEGACIES | 2021 | 2020 |
|---|---|---|---|---|
| E | E | |||
| Donations from individuals |
600 | 650 | ||
| 2.1 | INVESTMENT | INCOME | 2021 | 2020 |
| E | f | |||
| UK equities | 78,376 | 96,840 | ||
| UK Bank interest | 45 | 127 | ||
| 78,421 | 96,967 |
| 3 | COST OF RAISING FUNDS | 2021 | 2020 | |||||||||
| f | f | |||||||||||
| Investment managers safe custody fees* |
4,377 | 4,871 | ||||||||||
| Support costs | ||||||||||||
| 4,377 | 4,871 | |||||||||||
| *Charged against permanent | endowment | fund | ||||||||||
| 4 | ALLOCATION OF SUPPORT COSTS |
AND OVERHEADS | BETWEEN | FUNDS | ||||||||
| The basis and allocation ofsupport | cost is | as follows:- | ||||||||||
| Genera | I | Endowment | Total | |||||||||
| Funds | Fund | allocated | 2020 | |||||||||
| f | f | f | f | |||||||||
| Staff costs | Time | 14,000 | 14,000 | 14,000 | ||||||||
| Depreciation | usage | |||||||||||
| Other office costs | usage | 94 | 94 | 50 | ||||||||
| Independent Examiners Fee |
2,540 | 2,540 | 2,400 | |||||||||
| f | 16,634f | f | 16,634f | 16,450 | ||||||||
| 5 | CHARITABLE EXPENDITURE - GRANT MAKING | |||||||||||
| Institutions | Individuals | Tota I |
2020 | |||||||||
| f | f | f | f | |||||||||
| Grants (see note 5.1) | 0 | 63,086 | 63,086 | 93,157 | ||||||||
| Support costs | 0 | 16,634 | 16,634 | 16,450 | ||||||||
| f | 0f | 79,720 | f | 79,720f | 109,607 | |||||||
| 5.1 | ANALYSIS OF GRANTS FUNDED | |||||||||||
| Total income for grant distribution: | f62,387(2020-f81,167) | |||||||||||
| 2021 | 2020 | |||||||||||
| I | Major grants to institutions | f | f | |||||||||
| Read For Good | 2,000 | |||||||||||
| Barons Court Project | 3,000 | |||||||||||
| StJohns Hospice | 10,000 | |||||||||||
| Marie Curie Cancer Care | 4,000 | |||||||||||
| 19,000 | ||||||||||||
| II | Individual case grants -148(2020 - 143) |
62,536 | 73,607 | |||||||||
| III | Christmas gifts to former K&CONT |
staff (in | accordance | 550 | 550 | |||||||
| with clause 18ofthe Trust Deed) | ||||||||||||
| Total | f | 63,086 f | 93,157 | |||||||||
| At the year end date the Trust was | not committed | to pay | any further grants. |
| INVESTMENTS | 2021 | 2020 | ||
|---|---|---|---|---|
| E | E | |||
| Market Value as at 1stApril 2020 | 1,688,711 | 2,125,903 | ||
| Additions to investments | at cost | |||
| Disposals proceeds | (4,362) | (2,704) | ||
| Realised and unrealised | gains for the year | 495,002 | (434,488) | |
| 2,179,351 | 1,688,711 | |||
| Cash held with brokers | 1 | |||
| Market Value as at 31st | March 2021 | 2,179,351 | E | 1,688,712 |
| Investments at market value comprise: |
||||
| UK equities | 2,179,351 | 1,688,711 | ||
| Cash held with brokers | 1 | |||
| 2,179,351 | E | 1,688,712 | ||
| Historical cost as at 31st | March 2021 | 1,697,276 | E | 1,701,190 |
| YEAR ENDED 31ST | MARCH 20 | 21 | ||||||
|---|---|---|---|---|---|---|---|---|
| DEBTORS | 2021 | 2020 | ||||||
| E | E | |||||||
| Sundry debtors | and prepayments | 955 | 900 | |||||
| E | 955 | E | 900 | |||||
| CREDITORS - AMOUNTS | FALLING | 2021 | 2020 | |||||
| DUE WITHIN ONE YEAR | E | f | ||||||
| Grants payable | 2,507 | |||||||
| Other creditors | and accrual s | 4,326 | 4,366 | |||||
| E | 4,326 | E | 6,873 | |||||
| ANALYSIS OF NET ASSETS BETWEEN FUNDS | ||||||||
| General | Endowment | |||||||
| Funds | Funds | Tata I | ||||||
| E | E | E | ||||||
| Investments | 109,355 | 2,069,996 | 2,179,351 | |||||
| Fixed assets | ||||||||
| Current assets | 31,124 | 31,124 | ||||||
| Creditors | (4,326) | (4,326) | ||||||
| E | 136,153 | E | 2,069,996 | E | 2,206,149 |