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||`Page`|
|---|---|
|Trustees'report|1-4|
|Independentauditors'report|5-7|
|Statementoffinancialactivities||
|Balancesheet||
|Notestotheaccounts|10-22|
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|Settlors|EleanorClarkRobertson|
|---|---|
||MaryPriestmanLovell|
||StephenClark|
||PriscillaBrightJohnston|
|Charitynumber|211513|
|Principaladdress|c/oC&JClarkLtd|
||40HighStreet|
||Somerset|
||BA160EQ|
|Accountants|WombleBondDickinson(UK)LLP|
||OneTrinity|
||BroadChare|
||NewcastleuponTyne|
||NE12HF|
|Auditors|HainesWattsBristolLtd|
||BathHouse|
||6-8BathStreet|
||Bristol|
||BS16HL|
|Bankers|NationalWestminsterBankPlc|
||72HighStreet|
||Somerset|
||BA160EJ|
|Investmentadvisors|QuitterCheviot|
||QueensQuay|
||33-35QueenStreet|
||Bristol|
||BS14LU|
||Berenberg|
||60ThreadneedleStreet|
||`London`|
||EC2R8HP|
|Solicitors|WombleBondDickinson(UK)LLP|
||3TempleQuay|
||TempleBackEast|
||Bristol|
||BS16DZ|
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||`Fund`|`Fund`|`2020`|
`2019`|
||Notes|
£|£|£|£|
|Incomefrom||||||
|Investmentincome|2|19,391|46,361|65,752|160,026|
|Bankandotherinterestreceivable|3|264|660|924|2,720|
|Totalincome||19,655|47,021|66,676|162,746|
|Expenditureon||||||
|Raisingfunds||||||
|Investmentmanagementcasts||35,305|-|35,305|34,771|
|Charitableactivities||||||
|Grantspayable|5|67,100|57,387|124,487|341,541|
|Supportandgovernancecosts|4|19,245|3,667|22,912|23,928|
|Totalcharitableexpenditure||121,650|61,054|182,704|400,240|
|Netlossesoninvestments|9|(2,167,723)|(2,663,977)|(4,831,700)|(4,872,236)|
|Gain/(Loss)onforeignconversion||-|(2,238)|(2,238)|
1,008|
|Netmovementinfunds||(2,269,718)|(2,680,248)|(4,949,966)|(5,108,722)|
|Fundbalancesat1January2020||4,267,078|7,419,690|11,686,768|16,795,490|
|Fundbalancesat31December2020||1,997,360|4,739,442|6,736,802|11,686,768|
##
||||`2020`||`2019`|
|---|---|---|---|---|---|
||Notes|£|£|`£`|`£`|
|Fixedassets||||||
|Investments|9||6,313,619||11,366,451|
|Currentassets||||||
|Debtors|11|176,328||1,807||
|Cashatbankandinhand||316,221||398,406||
|||492,549||400,213||
|Creditors:amountsfallingduewithin||||||
|oneyear|12|(69,366)||(59,896)||
|Netcurrentassets|||423,183||340,317|
|Totalassetslesscurrentliabilities|||6,736,802||11,706,768|
|Creditors:amountsfallingdueafter||||||
|morethanoneyear|13||-||(20,000)|
|Netassets|||6,736,802||11,686,768|
|Fundsofthecharity|14|||||
|Unrestrictedfunds|||1,997,360||4,267,078|
|Restrictedfunds|||4.739.442||7,419,690|
||||||11,686,768|
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||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
||`funds`|
`funds`|`2020`|
`funds`|
`funds`|
`2019`|
||£|£|£|£|£|£|
|Dividendsfromlistedinvestments|19,391|12,377|31,768|27,579|20,574|48,153|
|Dividendsfromunlistedinvestments|-|
-|-|
28,387|36,000|64,387|
|Interestfromlistedinvestments|-|
33,984|33,984|-|47,486|47,486|
||19,391|46,361|65,752|55,966|104,060|160,026|
||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
||`funds`|
`funds`|`2020`|
`funds`|`funds`|`2019`|
||£|£|£|
£|£|£|
|NationalWestminsterBankplc|`164`|
`148`|`312`|
759|376|1,135|
|Berenburg||`512`|`512`|
-|1,568|1,568|
|QuitterCheviot|`100`|
`-`|`100`|
`17`|
`-`|`17`|
||`264`|
`660`|`924`|
776|1,944|2,720|
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||||`Total`|||`Total`|
|---|---|---|---|---|---|---|
||Governance|Support|2020|Governance|Support|2019|
||£|£|£|£|£|£|
|Supportcosts|||||||
|Secretarialexpenses|1,308|5,233|6,541|1,557|4,885|6,442|
|Stationery|-|59|59|-|2|2|
|Travelexpenses|-|-|-|268|67|335|
||1,308|5,292|6,600|1,825|4,954|6,779|
|Expenditureonstationeryisasupportcost.|||
|---|---|---|
||Total|Total|
||`2020`|`2019`|
||`£`|`£`|
|Governancecosts|||
|Accountancy-WBD(UK)LLP(unrestricted)|10,200|14,601|
|Auditfees|2,712|2,538|
|Accountancy-WBD(UK)LLP(restricted)|3,400|-|
|Supportcosts(perabove)|1,308|1,825|
|BankCharges|-|10|
||17,620|18,974|
||||||
|---|---|---|---|---|
|Allocationofgovernanceandothersupportcosts:||Total||Total|
||Recipients|2020|Recipients|2019|
|||£||£|
|Religiousgrants|10|2,673|15|6,188|
|Educationalgrants|12|3,207|15|6,188|
|Somersetgrants|10|2,673|12|4,951|
|Othergrants|40|10,692|15|6,188|
|RestrictedGrant|1|3,667|1|413|
||73|22,912|58|23,928|
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||Grant|Supportand||Grant|Supportand||
|---|---|---|---|---|---|---|
||`Funded`|`Governance`|Total|Funded|Governance|Total|
||Activity|Costs|2020|Activity|Costs|2019|
||£|£|£|£|£|£|
|Religiousgrants|22,500|2,673|25,173|24,500|6,188|30,688|
|Educationalgrants|14,800|3,207|18,007|32,900|6,188|39,088|
|Somersetgrants|6,500|2,673|9,173|8,000|4,951|12,951|
|Othergrants|23,300|10,692|33,992|16,000|6,188|22,188|
|Restrictedgrants|57,387|3,667|61,054|260,141|413|260,554|
||124,487|22,912|147,399|341,541|23,928|365,469|
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|Grantspayabletoinstitutions(>£1,500)|||
|---|---|---|
||`2020`|`2019`|
|Religiousgrants-10grants(2019-15)|£|£|
|QuakerCouncilforEuropeanAffairs|4,000|4,000|
|QuakerService|3,000|4,000|
|QuakerPeaceandSocialWitness|7,000|7,000|
|RetreatYorkLtd|3,000|3,000|
|Totalreligiousgrants<£1,500|5,500|6,500|
||LL,bUU|Z4,5UU|
|Educationalgrants-12grants(2019-15)|£|£|
|AHSS|8,000|8,000|
|MedecinsSansFrontieres|-|2,000|
|MedicalAidforPalestinians|2,000|2,000|
|StreetQuaker|-|10,000|
|TheSocietyfortheProtectionofAncientBuildings|-|4,000|
|WestofEnglandFHS|-|2,000|
|Totaleducationgrants<£1,500|4,800|4,900|
||14,800|32,900|
|Somersetgrants-10grants(2019-12)|£|£|
|TotalSomersetgrants<£1,500|6,500|8,000|
||b,5uu|u,uuu|
|Othergrants-40grants(2019-15)|£|£|
|ArthritisResearchUK|-|2,000|
|BuildingofIreland|(10,000)|-|
|MedecinsSansFrontiers|2,000||
|OXFAM|6,000|6,000|
|TheSocietyforProtectionofAncientBuildings|4,000|-|
|VersusArthritis|2,000|-|
|Totalothergrants<£1,500|19,300|8,000|
||23,300|16,000|
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||||
|---|---|---|
|Analysisofcharitableexpenditure|(Continued)||
||`2020`|`2019`|
||`£`|
`£`|
|RestrictedFund-Grant|||
|TheAlfredGillettTrust|57,387|260,141|
|TotalGrantsMade|124,487|341,541|
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||Unrestricted|
Unrestricted|Restricted|Restricted|2020|
2019|
|---|---|---|---|---|---|---|
||Listed|
Unlisted|Listed|Unlisted|Total|
Total|
|||`£`|
`£`|
£|£|
£|
|Marketvalueat1January2020|1,244,289|2,703,829|4,005,435|3,412,898|11,366,451|16,424,785|
|Acquisitionsatcost|239,826|`-`|`1,234,111`|-|1,473,937|1,533,379|
|Disposalsatmarketvalue|(235,235)|
-|(2,054,924)|-|(2,290,159)|(2,061,734)|
|Cashmovementduringyear|(14,156)|
-|609,246|-|595,090|
342,257|
|Netgains/(losses)oninvestment|||||||
|`assets`|99,698|(2,267,421)|198,067|(2,862,044)|(4,831,700)|(4,872,236)|
|Marketvalueat|||||||
|31December2020|1,334,422|
436,408|3,991,935|550,854|6,313,619|11,366,451|
||Unrestricted|Restricted|2020|2019|
|---|---|---|---|---|
||Listed|Listed|Total|Total|
||£|£|£|£|
|Equities|1,297,172|953,362|2,250,534|2,270,032|
|Bonds|-|1,716,187|1,716,187|2,236,264|
|Alternativeinvestments|-|262,700|262,700|241,582|
|Capitalcash|37,250|1,059,686|1,096,936|501,846|
||1,334,422|3,991,935|5,326,357|5,249,724|
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|`2020`|
`2019`|
|---|---|
|Marketvalue|Market|
|£|value£|
|987,262|6,116,727|
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|`11`|`Debtors`|`2020`|`2019`|
|---|---|---|---|
|||`£`|`£`|
||QuitterCheviot-Dividends|1,328|1,807|
||Other debtors-charitableloantoAlfredGillettTrust|175,000||
|||176,328|1,807|
|12|Creditors:amountsfallingduewithinoneyear|2020|2019|
|||`£`|`£`|
||Grants-commitmentsmade|48,800|38,800|
||Othercreditors|20,566|21,096|
|||69,366|59,896|
|13|Creditors:amountsfallingdueaftermorethanoneyear|2020|2019|
|||`£`|`£`|
||Grantspayable|-|20,000|
##
||Balanceat||||Balanceat|
|---|---|---|---|---|---|
||1January|||Gainsl31December||
||`2020`|`Income`|`Expenditure`|`(Losses)`|`2020`|
||£|£|£|£|£|
|Unrestrictedfund|4,267,078|19,655|(121,650)|(2,167,723)|1,997,360|
|Restrictedfund|7,419,690|47,021|(61,054)|(2,666,215)|4,739,442|
||11,686,768|66,676|(182,704)|(4,833,938)|6,736,802|
||Balanceat||||Balanceat|
|---|---|---|---|---|---|
||1January|||Gains/31December||
||2019|Income|Expenditure|(Losses)|2019|
||£|£|£|£|£|
|Unrestrictedfund|6,515,263|56,742|(116,223)|(2,188,704)|4,267,078|
|Restrictedfund|10,280,227|106,004|(284,017)|(2,682,524)|7,419,690|
||u:~r~:Hx~i~~i:~arci~ci~i~~r~i~~cai~w~.c:~~r~zi:~riz:~|||||
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||Unrestricted|Restricted|Total|
|---|---|---|---|
||`funds`|`funds`|`2020`|
||£|£|£|
|Fundbalancesat31December2020representedby:||||
|Investments|1,770,830|4,542,789|6,313,619|
|Currentassets|292,496|200,053|492,549|
|Creditors:amountsfallingduewithinoneyear|(65,966)|(3,400)|(69,366)|
|Creditors:amountsfallingdueaftermorethanoneyear|-|-|-|
||1,997,360|4,739,442|6,736,802|
||Unrestricted|Restricted|Total|
||funds|funds|2019|
||£|£|£|
|Fundbalancesat31December2019representedby:||||
|Investments|3,948,118|7,418,333|11,366,451|
|Currentassets|398,856|1,357|400,213|
|Creditors:amountsfallingduewithinoneyear|(59,896)|-|(59,896)|
|Creditors:amountsfallingdueaftermorethanoneyear|(20.0001|-|(20.0001|
||4,Lti/,U(tf|/,4ly,tiyU|l l,ti256,/Eiii|
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|
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|---|---|---|---|---|
|16
Previousstatementoffinancialactivities||Unrestricted|Restricted|Total|
|||`Fund`|`Fund`|`2019`|
||Notes|£|£|£|
|Incomefrom|||||
|Investmentincome|2|55,966|104,060|160,026|
|Bankandotherinterestreceivable|3|776|1,944|2,720|
|Totalincome||56,742|106,004|162,746|
|Expenditureon|||||
|Raisingfunds|||||
|Investmentmanagementcosts||11,308|23,463|34,771|
|`LElfees`||`-`|`-`|`-`|
|Charitableactivities|||||
|Grantspayable|5|81,400|260,141|341,541|
|Supportandgovernancecosts|4|23,515|413|23,928|
|Totalcharitableexpenditure||116,223|284,017|400,240|
|Netlossesoninvestments|9|(2,188,704)|(2,683,532)|(4,872,236)|
|Gainonforeignconversion||-|1,008|1,008|
|Netmovementinfunds||(2,248,185)|(2,860,537)|(5,108,722)|
|Fundbalancesat1January2019||6,515,263|10,280,227|16,795,490|
|Fundbalancesat31December2019||4,267,078|7,419,690|11,686,768|
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