HONOURABLE SOCIETY OF KNIGirrs OF THE ROUND TABLE ENEVOLENT FUND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 ljbdel Pg¢ 2 Trysteu Adviws ge5 Imdepetht EumiDer's Reptsrt Page 6 Stst¢mett¢ of Ftha•ell Aetlvldu P*xe 7 B•JaMtr Sheet Pages &IO Notes to the FI•¢111 Ststemettts
HONOURABLE SOCIKry OF ILNIGHTS OFTHE ROUND TABI BENEVOLENT FUND R#¢v41 (kntty N•. 212217 TRusfELS DURINC 20211 Tre olthe Charity are the •ewbtT••f Ikp•ty Presldttht DHA Joncs FRCS Membtt5•f ThApt¢rAmd Truste A T Clark¢ TPhiip Flics cPLmaPCA Dfjrahame OBE P WT wi1km FRSA A G willb0ch MA BANKERS l Hion Garden lknIFE1p IDV lthMk)n WC2A IQH INDEPENDENf EXAMINERS Gillxn All•) & Co Tothi KelltTN9 INK
HONOVRABLE S(KIETY OF KNIGin30FTHE ROUND TABLE BEfiEVOLENf FUND TRISSTELS. REPORT Th¢T14¢e5 wetyt thdr report and Stat&hm ts thEYeendl 31 De&xnbu 2020. l. ObJeetlv¢• aAd Artivltl Tr 0bjtttl of the is the pyovision of Èxhibilion4 buraari¢s and scholarships for the pu4tse ofeducation ond tr8Ènin& The Tmstees three time5 a year to approve the FinwKial ststeM and g)nsider the Icvd of awards by 4sulwJmmitt TheTrustres hold a numberof dinners eath ye4r 8twhicth awordees a ablcth me4nbus of a number of proftssions who may be Bble to help them in their fUIts careu. The Ftsttd is re8i#ued thealty Cthnmissiofy r¢8ithtioR number212217. l A¢hievements Attd FID•Deial Rewie The results forthe yer are shown on page 6. 8rnts tothlling£49.000 were m {2019: £40.500). Th¢Truses coniinued to introducc n¢w Krti¥ And to en¢our88¢ ail Kni8htsto take thjvantage of Gift Aid Tn order to maintsirt thzritable dtI¢)n$ to the mLximLtyn. Th¢ fun<& of the Clwitywere £192W67 at the end ofthEye4r(2019: £205.742} The T ue satisfied with th¢s ofthe Ch8ritys affaits. 3. Trnstw AdvLwi 4. Iivutment Pollry Tr TnL%te¢s re]y oth the Énve¥thKnt malw1 ofCOIF 2nd M&G to m>vide balanced invesane risk In 2009. theTh]stees 0¢ 8 review ofthe Fwmfs invests1 11¢Y in the li8htofth¢ twbulenl finEal and wrte sat1sfiedththe quo ShId Ee m8intaineA. TheThLe¢s reg8rd the unr¢ricbJ as a fi]]Ml kn provid¢ incc4n¢to Me th¢ Fun(fs objex¢iYc5 and. although (x)uld h•ve recotsrs¢ to ic th¢y do rX Liquid fluth ar¢ rethin&1 to ¢¥wre th•t they are 4vail8bk for¢urrent wntE. Th¢ Knights of the RO Tabl¢ knevol¢nt Fund e#abIishut on 29 Peivw 1992 UTtha De¢]aratioo of Trust ¢stsblishin8the Fwwj 8sachwi1Ittru&l Th¢ fund byLuthin ¥rKmlxts of the Honournble &ricty ofKnights of th¢ Round TAble (a company limited by Wrane No.. ¥29635) in Orthrto ftYmalis¢ the dwilablc activitiu administued by thc &Kidy for & lea4 the rKeviou5 1110 yem. 7. Rtsk The Tntytees have exDmined the Jor strgi¢ bu5itw and othet0P1on2l risks th¢ Fund faces arml Confirm that thty h•ve 5*PS to rnItiga risks as f8r45 pxsible. Ther¢ are m¢¢till85 of th¢Truxttts to kcq> risk r¢view.
i*t 27.7.21
INDEfEJI DE[ EXAMINER'S REPORT TO THE TRU£8 OF THE HONOURABLE SOaETY OF KNICHTS OF THE ROUND TABLE BENEVOLENT Fb]4D Indepthdent ¢urntDer'i report to the tnisteu of The Hollourable &iety ofKni¥hts of the Round Tab I report to the trustees on my examin&tion of thewunts of Tr Honowable knidy of Knights of th¢ Round Table (the Cknity) ftsrthe entsl 31 Decembvr 21Y20 wljith are set ort F•Tr 6t0 10. equirunrnls of the Charitits Act 2011 {Ihe Art'l I rep)rt in Tts of my exnination of the Charity's w¥unts Lwritsl out seaion 145 of th¢ 2011 Ad ond ith erryin8 tyJt rny exami10 I hav¢ followcd all th¢ appliLxble Direaio]]s giverts by thechwity Cunmissioo 145(5Xb) oftheA IDdeptDdeDt exndD¢r'i th¢¢iihtht the ¢xthin•tiM BivÉn8 me cgwe to belie¥ that in •y rnteti re5peLM: l. rec0 wuc not iD r¢grffl of the Ctiwrty ts TWEr by Scitic 130 ofth¢ A¢ ¢ 3. th¢ CoUnts do not MplY with the appliLthle TeguirEmertS COnLwun8 th¢ forni and cotttnt of Iitlts 5Ct out in Ch0titie5 and Repcrfts) Regul10$ 21M)8 other th8n Any requiretnmt that thents wv¢ a and fair wi which is wt amatrLY)nsideted as part of8n itKleP¢nd¢ I have no ¢oncents gnd havec(¥ne v4Dss Doottw rnatttts in connejxion wth ts examinatioty to which attulti should be this TqX)rt in order w enabk a FyOPEruntktsndj8 of the coUts be re¢ JohD FCA Gllbtrt AUeD & Co Chartered A¢¢ollDtats Churokdovn ChL*bb•v• )rdyk¢ Tonbrid¥e TN9 INR
HONOURABLE SOCIETY OF KNIGHTS OFTHE ROUND TABLE BENEVOLENf FUND STATEME1 OF FINANCIAL A1VmF5 For the ytar ethded 31 D¢¢ewb¢r 202 Unrejtrlettd Furyd 2019 Ftslld Fund I 2020 r4ot INCOME AND ENDOWMENfs FROM 25J30 7296 31626 Investm 25J30 7296 32.626 33.859 7.769 41.628 EXPENDryURE ON o) 49.SXO S) 50.080 44.051 49.580 soo 50.080 44.051 (16.954) (500) {17AS4) (2.423) Net Goi{Lo&¥) InV¢5tt1ts 3.779 34274 N¢t IDwmellExp¢ndltur¢) {13.175) (5(Kl) (13.675) 31.851 Net Movement ID FuDds {13.175) (s> (13.675) 31.851 Rffonelliatlott •f FundL" 201242 4J 205,742 173,891 Totsj ¢Aled fornmrd £18&067 A.(W £192.067 £205,742
NEvOLL T•W zvjii 1143 2213 l&143 l7J67 21311 51 51 IIU67 11&067 )124T £III? W•) £141067 W742 CPLM*k¢ 7 11
HONOURABLE SOCIETY OF KNIGHTS OFTHE ROUND TABLE BENKVOLEiYf FUIYD NOTES IY) THE FINANCIAL sfATEmErs Fortke y¢•rend¢d 31 De¢embtr 2020 l. AccouiYfiNG POLICIES (i) Bsii of prep•ratlo• imd Me8Snlltof 1¥ •Mte Pjxtice.. AccouDtithgatHI RerthiDg by Charities rryingtheiraccou#ts in x¢ord wth thE VthwKiai R¢porting Standd appli¢able in the Uk 2nd Republic of Irel8nd (FRS 102) on 16 July 2014 and lh¢ Financial Rerthling Stsnd8Td appli¢Jble in the Unitel Killgd Republic of Ireland (FRS 102) and the CIEaritie5 Art2011. ThrtnL%ttts rA)[ld¢rthQf thr are no thKertwNie$ 8iX)the Tntst'$ •biltyto ¢ontinue as a 8oin8 con¢¢m- set4]80 io. (ri) l#¢ome t•x The BenevoleThi Fund is able to T0Ver InmeX rffi giftaid ththtiotLS. Credit 1st1 for incomE tax rewvmble in theyear in wich li is (iii) IDeome retog•ltlo• Ino)me is rew8nised the charity h&8 ¢#tltle4neI to the IT tt is ryohbletttthe itwme will be Ye1¥EdaTrd th¢ amtyjllt of income ¢•n be measured reliably. (Iv) Expendltsre retopitio Liabilities v¢ reco8nised as expendilure &5 Soon as th#¢ isa legal or¢otL8tructiv¢ obliwion committin8 th¢ Fund to that expendibJr< it i5 probable that5eul&httrt will be ttquircd and the attount of obligation ¢4D be mt15wed reli•bly. (v) Aliocatlo of govern•nce co Gov¢rnllnce costs have bren 8lloc•t¢d kn Lftri¢aNe XiVilia in fvll. (vi) Charit4bl¢ ctivitl¢% ChaTiTrble aaivitiu irKludc grants ¢LW5 of the dinnerfor Tmpl¢ts of th¢4wud8 and (vii) ReAli5ed y1#$ lojses All 8gins and losses are thk¢n to th¢ of Fi[wKI ALliviti¢& (SOFA) 8s th¢y aris snd their openlng canythg value or w¢he valu¢. UnTesltsd 8ains and lo are tcul as the diffeMc¢ brtweeTh the fatr vajue ¥theyear end and their yIng tlUC. l<¢alisd and unTe&lLd invtstmert gains •nd loss¢sare combiwl in the SOF 2. TRUSTEES. REMVNERATION AND EXPENSES Tnstees r¢¢¢ive no remunetation or expetws fortheir s¢rviw. ANALYSIS OF CHARITABLE AcfiviTIL8 U#r¥¢rk¢•d Iltt¢rtthd F•nd Fund I 2020 202• Totsj Toll 2020 20J9 Dinnw8LSts 3,257 40.5) (175) 469 £44,051 485¢)0 5th) 49.IXA) Bank compu110 480 £49J80 480 £50,080 £5(
HOF40URABLE SOCIETY OF KNIGHTS OFTH£ ROUND TABLE BENEVOLENT FUND NOTES TOTHE FIP4ANCJAL ATmEr5 cowrD Fortheytsr ended 31 Deber 2020 RECONCILIATiof4 OF MARKETVALUE OF INVLSIMENTS Uthrutrl¢ted Unrellrkttd Futtd 2019 valup of ittve51mts 1¢ l Jam]4ry21)X Addiiifms Di]S Unrealised 8ains Ma)et ucorirtV¢5wXn¢s at 31 Dwx¥nber2020 227,811 198.537 (1893) 1.672 £226.5 {6,4151 30,089 £227.811 RECONCILIATION OF GA1N4IA)Ss) or4 INVKmqEFrfs unrem UnrosiTthd F FHDd 2019 Unroali8•J 8] Rcalised gait 1.672 1107 £3.779 30.089 3.585 £34274 & DEBTOK8 Unrestricted Fund 2019 Futtd 2420 AMYrds paid in 15.IXKI 143 £15.143 12,500 .159 £13.659 7. eREDrroiL8 Fmnd 2019 Sunthy ji.wj 43.0(XJ £51.8 £43,880 & ANALYSIS OF ntND MOVEMElYts Ullytsirkled Rtthrtel Tot•1 Fwnd Fund I T•tl 19 Balance at i Jat)uary 2(b20 Ineom¢ EXndItre ILts5Q5yGains Bd¥nce at 311)¢1her 2020 201242 32.626 149J801 3.779 £18&067 4JlXI 205,742 32.626 (50.0801 3.779 £4XKNI £19llk37 ITJ.891 41.028 144.0511 34274 £205,742 (511)) R¢strict&l FWMI l frxHMS Ih5hu aId wilh)Ywn8 ptsyle.
io HONOURABLE socIErY OF KNIGH75 OF IIIE ROUNDTABIX NOTES TO THE FINAfCJAL STATEMEKi8coNfD For th¢ye•r eodcd 31 Dettth2Q211 & ANALYSIS OF FUND MOVEMENTS a)pmr4UED CompArnflv¢ 2019 Futtd 2019 Fulld I 2019 Dd2 2019 2019 B•larn% at l 2019 163.tyl 41MX 11&5511 34274 _ £201242 5JXW 5.IXKI 173.891 41.628 144.051) 34274 r205.742 L¥p¢nditutr {L0sNG8jA% Ball[¢ 31 D£Mber20l9 IJiX)1 (S.(} £4.5 9. SCHEDULK OF INVESTMF Holdly at 1.12• U41ts t31.122• M•rknt Vlue COIF CbarftiE5 InVestr1 Fyr•J IQ828 IiA013 12gJl 11893) IOJ38 105.120 189J15 3JJl M&G Charifimd 1679 1679 3&775 1.79$ £13&013 £135.120 £24590 £7.296 10. GOING COI¥CZRN In awssln8the FthMI'¥ ability asapiD8 theTn]shthY its liquid5ty The h&4 a Si]rI pmfojio w draw 1th )Id txsh now rwutrthrMt