| Page | ||
|---|---|---|
| Trust information | 2-3 | |
| Trustee repoit | 4-8 | |
| Independent auditors' |
report | |
| Statement offinancial | activities | 10 |
| Balance sheet | ||
| Notes to the financial | statements | 12-18 |
| 2021 | 2021 | 2021 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | |||||
| funds | funds | fund | funds | funds | |||||
| Note | f. | ||||||||
| Income and endowinents | from: | ||||||||
| Investment income |
2 | 33,811 | 62,792 | 96,603 | 105,408 | ||||
| Total Incoine | 33,811 | 62,792 | 96,603 | 105,408 | |||||
| Expenditure on: |
|||||||||
| Investment management |
costs | 3 | 20,661 | 20,661 | 19,313 | ||||
| Charitable activities |
4 | 30,731 | 62,792 | - | 93,523 | 108,053 | |||
| Total Expenditure | 30,731 | 62,792 | 20,661 | 114,184 | 127,366 | ||||
| Net income/expenditure) | |||||||||
| before investment | gains | and losses | 3,080 | (20,661) | (17,581) | (21,958) | |||
| Net realised and unrealised | gains/(losses) | ||||||||
| on investment portfolios |
1,035,566 | 1,035,566 | (491,715) | ||||||
| Net income aad movement | in funds | 3,080 | 1,014,905 | 1,017,985 | (513,673) | ||||
| Total funds brought | fonvard | at I April | 13,596 | 3,564,479 | 3,578,075 | 4,091,748 | |||
| Total funds carried | forward at 31March | 16,676 | 4,579,384 | 4,596,060 | 3,578,075 |
| 2021 | 2021 | 2020 | 2020 | ||||
|---|---|---|---|---|---|---|---|
| Note | f, | ||||||
| Fixed assets | |||||||
| Investment property |
at market value | 15,000 | 15,000 | ||||
| Investment portfolio |
at market value | 4,562,085 | 3,545,791 | ||||
| 4,577,085 | 3,560,791 | ||||||
| Current assets |
|||||||
| Debtors | 15,466 | 12,231 | |||||
| Cash on deposit | 31,823 | 31,785 | |||||
| Cash at bank and in hand | 52,750 | 61,232 | |||||
| 100,039 | 105,248 | ||||||
| Creditors: Amounts |
falling due | ||||||
| within | one year | (81,064) | (87,964) | ||||
| Net current assets | 18,975 | 17,284 | |||||
| Total net assets | 4,596,060 | 3,578,075 | |||||
| Represented by: |
|||||||
| Funds and reserves | |||||||
| Permanent endowment |
fund | 8 | 4,579,384 | 3,564,479 | |||
| Restricted funds |
9 | ||||||
| Unrestricted fund |
10 | 16,676 | 13,596 | ||||
| Total funds | 4,596,060 | 3,578,075 |
| 2021 | 2021 | 2021 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Kndowrnent | Total | ||||||
| funds f |
fund | funds e |
fuadsf | ||||||
| 2. | Investment | income | |||||||
| Dividends | and distributions | &om | 33,793 | 62,758 | 96,551 | ||||
| investment | portfolio | ||||||||
| Interest on | cash on deposit | and at bank | 18 | 34 | 52 | ||||
| 33,811 | 62,792 | 96,603 | |||||||
| 2020 | 2020 | 2020 | 2020 | ||||||
| Unrestricted | Restricted | Endowment | Total | ||||||
| funds | fund | funds | funds | ||||||
| f. | |||||||||
| Investment | income | ||||||||
| Dividends | and distributions | fi'om | |||||||
| investment | portfolio | 36,802 | 68,347 | 105,149 | |||||
| Interest on | cash on deposit | and at bank | 91 | 168 | 259 | ||||
| 36,893 | 68,515 | 105,408 | |||||||
| 2021 | 2020 | ||||||||
| Total | Total | ||||||||
| funds | funds | ||||||||
| f. | |||||||||
| Investment | management | costs | |||||||
| Investment | management | 0:es | 20,661 | 19,313 |
| 2021 | 2021 | 2021 | 2021 | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Kndowment | Total | ||||
| fund | funds | fund | fuads | ||||
| f. | |||||||
| 4. | Charitable | activities | |||||
| Grants allocated | 29,100 | 59,764 | 88,864 | ||||
| Support costs; | |||||||
| Staffcosts | 1,050 | 1,950 | 3,000 | ||||
| Independent | Examination | fee | 557 | 1033 | 1590 | ||
| Bank charges | 24 | 45 | 69 | ||||
| 30,731 | 62,792 | 93,523 |
| to the fi | nancial sta | tements -31M |
arch 2021 | |||
|---|---|---|---|---|---|---|
| 2020 | 2020 | 2020 | 2020 | |||
| Unrestricted | Restricted | Endowment | Total | |||
| fund | funds | fund | funds | |||
| Charitable | activities - continued | |||||
| Grants allocated | 37,690 | 65,083 | 102,773 | |||
| Support costs: | ||||||
| Staffcosts | 1,050 | 1,950 | 3,000 | |||
| Independent | Examination | fee | 777 | 1,443 | 2,220 | |
| Bank charges | 21 | 39 | 60 | |||
| 39,538 | 68,515 | 108,053 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Total | Total | |||
| funds | fundsf | |||
| Fixed assets —investment | property | |||
| Freehold property | at market | value | 15,000 | 15,000 |
| 2021 | 2020 | ||
|---|---|---|---|
| Total | Total | ||
| funds | funds | ||
| f. | |||
| Fixed assets —investment | portfolio | ||
| Market value at I April 2020 | 3,545,791 | 4,057,643 | |
| Add; Purchases at cost |
1,362,989 | 1,370,538 | |
| Less: Sales proceeds | (1,340,571) | (1,464,881) | |
| Net realised gains | 43,581 | 21,765 | |
| Net unrealised gains/(losses) |
991,985 | (513,480) | |
| Movement in cash held as part ofportfolio |
(41,690) | 74,206 | |
| Market value at 31 March 2021 | 4,562,085 | 3,545,791 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Total | Total | |||
| funds | funds | |||
| f. | ||||
| Creditors: Amounts | falling due within | one year | ||
| Grants to be distributed | 73,364 | 78,683 | ||
| Accruals | 7,700 | 9,281 | ||
| 81,064 | 87,964 |
| 2020 | 2021 | 2021 | |||
|---|---|---|---|---|---|
| Total | Movement | Total | |||
| funds | in Year | funds | |||
| f. | f. | ||||
| Permanent | endowment | fund | 3,564,479 | 1,014,905 | 4,579,384 |
| 2019 | 2020 | 2020 | |||
| Total | Movement | Total | |||
| funds | in Year | funds | |||
| f. | f | ||||
| Permanent | endowment | fund | 4,075,507 | (511,028) | 3,564,479 |
| 2020 | 2021 | 2021 | 2021 | |||
|---|---|---|---|---|---|---|
| Total | Income | Expenditure | Total | |||
| funds | funds | |||||
| f. | I | f. | ||||
| City University | of London | 45,972 | (45,972) | |||
| StEthelburga's | Centre for Reconciliation | and Peace | 13,792 | (13,792) | ||
| 59,764 | (59,764) | |||||
| 2019 | 2020 | 2020 | 2020 | |||
| Total | Income | Expenditure | Total | |||
| funds | funds | |||||
| f. | f. | |||||
| City University | ofLondon | 50,064 | (50,064) | |||
| StEthelburga's | Centre for Reconciliation | and Peace | 15,019 | (15,019) | ||
| 65,083 | (65,083) |
| Unrestri | cted fund |
||||
|---|---|---|---|---|---|
| 2020 | 2021 | 2021 | 2021 | ||
| Total | Income | Kxpeaditure | Total | ||
| funds | funds | ||||
| General | fund | 13,596 | 33,811 | (30,731) | 16,676 |
| 2019 | 2020 | 2020 | 2020 | ||
| Total | Income | Expenditure | Total | ||
| funds | funds | ||||
| f. | |||||
| General | fund | 16,241 | 36,893 | (39,538) | 13,596 |
| Analysis | ofnet assets behveen funds |
||||
|---|---|---|---|---|---|
| 2021 | 2021 | 2021 | 2021 | ||
| Permanent | |||||
| eadowmeat | Restricted | Uarestricted | Total | ||
| fund | funds | fund | funds | ||
| f. | |||||
| Investment | property | 15,000 | 15,000 | ||
| Investment | portfolio | 4,562,085 | 4,562,085 | ||
| Debtors | 10,053 | 5,413 | 15,466 | ||
| Cash on deposit and at bank | 2,299 | 54,716 | 27,558 | 84,573 | |
| Creditors | (64,769) | (16,295) | (81,064) | ||
| At 31 March 2021 | 4,579,384 | 16,676 | 4,596,060 | ||
| 2020 | 2020 | 2020 | 2020 | ||
| Permanent | |||||
| endowment | Restricted | Unrestricted | Total | ||
| fend | funds | fundf | funds f |
||
| Investment | property | 15,000 | 15,000 | ||
| Investment | portfolio | 3,545,791 | 3,545,791 | ||
| Debtors | 7,950 | 4,281 | 12,231 | ||
| Cash on deposit and at bank | 3,688 | 63,166 | 26,163 | 93,017 | |
| Creditors | (71,116) | (16,848) | (87,964) | ||
| At 31 March 2020 | 3,564,479 | 13,596 | 3,578,075 |