2020-12-31-accounts

	Page
Reference and administrative details of the Charity, its Trustees and advisers	1
Trustees' report	2- 4
Independent examiner's report	5
Statement of financial activities	6
Balance sheet	7
Notes to the financial statements	8- 17

		Unrestricted	Total	Total
		funds	funds	funds
		2020	2020	2019
	Note	£	£	£
Income from:
Investments	2	29,979	29,979	42,490
Charitable activities		1,410	1,410	3,138
Total income		31,389	31,389	45,628
Expenditure on:
Investment management	3	9,027	9,027	9,145
Charitable activities	5	23,491	23,491	42,596
Total expenditure		32,518	32,518	51,741
Net income/(expenditure) before net gains/(losses)
on investments		(1,129)	(1,129)	(6,113)
Net gains on investments	10	54,718	54,718	154,926
Net movement in funds		53,589	53,589	148,813
Reconciliation of funds:
Total funds brought forward		1,417,185	1,417,185	1,268,372
Net movement in funds		53,589	53,589	148,813
		1,470,774	1,470,774	1,417,185

			2020		2019
	Note
Fixed assets
Investments	10		1,380,566		1,336,870
			1,380,566		1,336,870
Current assets
Debtors	11	1,408		3,062
Cash at bank and in hand		94,338		82,479
		95,746		85,541
Creditors: amounts falling due within one
year	12	(5,538)		(5,226)
Net current assets			90,208		80,315
Total assets less current liabilities			1,470,774		1,417,185
Total net assets			1,470,774		1,417,185
Charity funds
Restricted funds	13
Unrestricted funds	13		1,470,774		1,417,185
Total funds			1,470,774		1,417,185

	Unrestricted	Total	Total
	funds	funds	funds
	2020	2020	2019
	£	£	£
Income from listed investments	29,979	29,979	42,490
Total 2019	42,490	42,490

	Unrestricted	Total	Total
	funds	funds	funds
	2020	2020	2019
	£	£	£
Investment management fees	9,027	9,027	9,145
Total 2019	9,145	9,145

	Grants to	Grants to	Total	Total
	Institutions	Individuals	funds	funds
	2020	2020	2020	2019
	£	£	£	£
Grants	13,422	2,108	15,530	34,438
Total 2019	30,694	3,744	34,438

	Unrestricted	Total	Total
	funds	funds	funds
	2020	2020	2019
	£	£	£
Grants	15,530	15,530	34,438
Support costs	7,961	7,961	8,158
	23,491	23,491	42,596
Total 2019	42,596	42,596

	Grant
	funding of	Support	Total	Total
	activities	costs	funds	funds
	2020	2020	2020	2019
	£	£	£	£
Grants	15,530		15,530	34,438
Support costs		7,961	7,961	8,158
	15,530	7,961	23,491	42,596
Total 2019	34,438	8,158	42,596

		Total	Total
		funds	funds
		2020	2019
		£	£
	Staff costs	5,250	5,229
	Sundry	953	1,225
	Governance costs	1,758	1,704
		7,961	8,158
7.	Independent examiner's remuneration
		2020	2019
		£	£
	Fees payable to the Charity's independent examiner for the independent
	examination of the Charity's annual accounts	1,758	1,704

	2020	2019
	£	£
Honorarium for clerk	5,000	5,000
Pension costs	250	229
	5,250	5,229
The average number of persons employed by the Charity during the year was as follows:
	2020	2019
	No.	No.

	Listed
	securities
Market value
At 1 January 2020	1,336,870
Additions	299,178
Disposals	(310,199)
Revaluations	54,717
At 31 December 2020	1,380,566

		2020	2019
		£	£
	Investment income receivable	1,408	3,062
12.	Creditors: Amounts falling due within one year
		2020	2019
		£	£
	Accruals and deferred income	5,538	5,226

Statement of funds - current	year
					Balance at
	Balance at 1				31
	January			Gains/	December
	2020	Income	Expenditure	(Losses)	2020
	£	£	£	£	£
Unrestricted funds
Designated funds
Designated Funds - all funds	1,261,550				1,261,550
Other Designated Funds	(9,145)				(9,145)
	1,252,405				1,252,405
General funds
General Funds - all funds	161,748			54,718	216,466
Other General Funds	3,032	31,389	(32,518)		1,903
	164,780	31,389	(32,518)	54,718	218,369
Total Unrestricted funds	1,417,185	31,389	(32,518)	54,718	1,470,774

						Balance at
	Balance at					31
	1 January			Transfers	Gains/	December
	2019	Income	Expenditure	in/out	(Losses)	2019
	£	£	£	£	£	£
Unrestricted
funds
Designated
funds
Designated
Funds - all funds	1,261,550					1,261,550
Other
Designated
Funds	(9,145)					(9,145)
	1,252,405					1,252,405
General funds
General Funds -
all funds	6,822				154,926	161,748
Other General
Funds		45,628	(51,741)	9,145		3,032
	6,822	45,628	(51,741)	9,145	154,926	164,780
Total
Unrestricted
funds	1,259,227		(51,741)	9,145	154,926	1,417,185

	Unrestricted	Total
	funds	funds
	2020	2020
	£	£
Fixed asset investments	1,380,566	1,380,566
Current assets	95,746	95,746
Creditors due within one year	(5,538)	(5,538)
Total	1,470,774	1,470,774

	Unrestricted	Total
	funds	funds
	2019	2019
Fixed asset investments	1,336,870	1,336,870
Current assets	85,541	85,541
Creditors due within one year	(5,226)	(5,226)
Total	1,417,185	1,417,185