2021-04-05-accounts

	The Metcalfe Charitable	Trust
	Contents
Charity information
Report ofTrustees			2-6
Independent Examiners	report
Statement of financial	activities
Balance sheet
Notes to the financial statements			10-16

Trustees		Mr C Harrison
		Mr SJ Wiles (resigned)
		Mrs P Backhouse
		Mrs D Alty
		Mr RScott
		Mrs J Bere
Principal Ofgce		9The Paddocks
		Lound
		Retford
		DN22 8RR
Solicitors		Sills & Betteridge
		46Silver Street
		Lincoln
		LN2 1ED
Bankers		I-ISBC Bank pic
		31Carolgate
		Retford
		Notts
		DN22 6DA
Independent	Examiner	Amanda Mansell	ACA
		Darbys Limited
		Chartered Certified Accountants
		19The Square
		Retford
		Nottinghamshire
		DBI22 6DQ

		2021	2020
Endowment	Fund	138,812	138,812
Unrestricted	Fund	3,260,720	2,417,642
Tots I		3,399,532	2,556,454

					The Iyletcalfe Charitable	The Iyletcalfe Charitable	Trust
					Statement of Financial Activities for
					the year ended 5 April		2021
								2021	2020
						Unrestricted	Endowment	Total	Total
						Funds	Funds	Funds	Funds
Incoming		resources
					Note
Incoming		resources from
generated		funds:
Donations,		legacies 84	grants			22,438		22,438	3.,884
Club contributions						2,838		2,838	7,731
Investment		income
		Rent receivable				7,412		7,412	7,222
		Marketable	securities			26,992		26,992	78,861
		Bank interest				423		423	47
Totalincoming resources						60,103	0	60,103	95,746
Resources		expended
Cost ofgenerating funds
		Property				1,280		1,280	4,331
		Recreation	committee			4,077		4,077	20,036
		Investment	costs			12,637		12,637	10,000
Charitable		activities
		Village institute		and
		recreation	ground			90,671		90,671	68,992
30th November 2021						108,666		108,666	103,359
Net income/(expenditure)						(48,563)		(48,563)	(7,612)
Transfers	between funds
Gains/(Losses) on investment				assets		891,641		891,641	(698,974)
Net movement in funds					10	843,078		843,078	(706,586)
						2,417,642	138,812	2,556,454	3,263,040
Totalfunds		carried forward				3,260,120	138,812	3,399,532	2,536,454

				Balance Sheet	Balance Sheet
				asat 5April	Z021
					2021			2020
			h!ote	f
Fixed assets
Tangible assets						102,842			101,863
Investments						3,238,064			2,389,609
						3,340,906			2,491,472
Current assets
Debtors				2,262			2,117
Sank accounts				57,264			63,765
				59,525			65,882
Creditors
Amounts falling due within
one year							900
Net current	assets					58,625			64,982
Total assets	less current	Babilities				3,399,532			2,556,454
Net assets						3,399,532			2,556,454
30th November 2021
Endowment	Fund					138,812			138,812
Unrestricted	funds					524,745			573,308
Unrestricted	revaluation	fund				2,735,975			1,844,334
Total funds						3,399,532			2,556,454

		for the yea	r ended 5	April 2021
2. Resources expanded		Cost	of	Direct
		Generated		charitable	Total		Total
		Funds		activity	2021		2020
		E		f	f		f
~pro ert
Letting Commission			S54			854	1,791
Insurance			0			0	0
Repairs and Cleaning			426			426	1,320
Professional Fees			0			0	0
Rates			0			0	1,220
Legal fees property	sale		0			0	0
			1,280		1,280		4,331
Irletca eRecreation Committee
Repairs and Maintenance			335			335	3994
Water			1,061		1,061		804
Light & Heat			4SB			488	266
Rates			0			D	418
Vpkeep ofinstitute			0			0	0
Repairs and Irfafntenonce			855			855	1,198
Holi repairs paid from main fund			0			0	4,923
yyoter			260			260	214
Light tFi Heat			461			461	1,393
Performing Rights Society			0			0	125
Rates			0			0	123
Secretary's Office Allowance			543			543	250
Gifts			75			75	250
Payroll			0			0	5,136
Sundry expenses			0			0	940
30th hlovember 2D21			4,077		4,077		20,036
Investment costs
Fund manager fees		12,637			12,637		10,000
Charitable activities
Payroll				13,736	13,736		0
Groundsman Fees				22,585	22,585		22,877
Csretakers and Cleaners				2,126	2,126		3,790
Repairs ta Property	&Grounds			38,107	38,107		24,947
Depreciation				2,876	2,876		4,490
Accountancy				996		996	900
Professional Fees				1,915	1,915		2,137
Insurance				7,087	7,087		6,049
Secretarial Sundries				1,244	1,244		1,317
Repairs to Equipment				0		D	2,485
				90,671	90.671		68,992
Total resources expended			.99	99.971	108,666		103,358

3.	St	aff costs
										2021	2020
	Staff Costs were:									E	f
		Honoraria and Fees								2,126	3,790
	The average weekly		number	ofstaff employed		by the	charity			2021	2020
		during the year was as follows
		Direct Charitable	Work
		No Trustee received any		remuneration.	No	amounts	were	reimbursed	to them for travel expenses.
4.	Tangible fixed assets							Freehold		Plant 8	Tots I
								Land &		Equipment
								Buildings
	Cost
	At	6 April 2020						122,698		30,365	153,063
		Addition - Laptop								562	562
		Addition CClV								3,293	3,293
	At	5 April 2021						122,698		34,220	156,918
	~9
	At	6April 2020						22,246		28,954	51,2DD
	Charge							2,063		813	2,876
	At	5 April 2021						24,309		29,767	54,076
	Net book value
	At	6April 2020						100,452		1,411	101,863
	At	5 April 2021						98.389		. 3	102,842

	institute Everton	-Original				44,446
		-2010Alteration				49,578
		—2011Alter ation				969
	Pine Cottage	-Original				16,007
		-2010Alteration				10,752
		—2012Alteration				576
	Thompson Land					37D
	Cost at 5 April 2021					122,698
The net book value at 5 April 2021represents fixed assets			used for:
		Endowment
		Fund
		Freehold	Un-restricted	Un-restricted
		Land and	I.and and	Plant	and
		Property	Property	Equipment		Total
		f				f
Charity Activity
Purposes		63,825	34,564	4,453		102,842
estments
		Investment	Marketable
		Properties	Securities	2021		2020
		f	f	f		f
Market Value at 6April 2020			2,389,609	2,389,609		2,871,498
Additions			1,430		1,430	217,085
Disposals			R4,616	-44,616		0
(Loss)/Profit	on investments				0	0
Revaluation	ofinvestments		891,641	891,641		-698,974
Market Value at 5 April 2D21			3,238,D64	3,238,064		2,389,609

6	. Debtors and prepayments	. Debtors and prepayments
	Amounts falling due within		one	year:		2021	2020
						f	E
	Managing Agents
	Prepayments					2,262	2,117
						2,262	2,117
7.	Cash at	bank and in hand
						2021	2020
							f
	Deposit Account Balance		- Recreation Committee			4,482	4,472
	Deposit Account Balance		- Trust
	Current Account - Recreation			Committee		9,490	10,113
	Current Account - Trust					5,159	2,065
	Cash	Account - Recreation Commictee				371	308
	Aegon Cash Funds					37,761	46,807
						57,264	63,765
8.	Creditors
						2021	2020
						f	f
	Amounts	falling due within one		year:
	Accrued	expenses - Accountancy				900	900
						900
9,	Analysis	ofnet assets between		funds
				Unrestricted	Endowment	Total	2020
	Tangible	fixed assets		3,239,856	101,050.62	3,340,906	2,491,472
	Current	assets		21,764	37,761	59,525	65,882
	Current	liabilities		(900)		(900)	(900)
				3,260,720	138,812	3,399,532	2,556,454

					-16-
				The Metcalfe Charitable		Trust
				Notes to the financial statements
				forthe year ended 5 April		2021
10.		Movement	in funds
				As at	Incoming	Outgoing	Transfers		As at
				06/04/20	resources	resources			05/04/21
Endowment		Funds
Permanent		Endowment	Fund	138,812					138,812
				138,812					138,812
Unrestricted		Funds
Designated		Fund
General	Fund			573,308	60,103	108,666			524,745
									0
Revaluations		Fund		1,844,334	891,641				2,735,975
				2,417,642	951,744	108,666		0	3,260,720
Total Funds				2,556,454	951,744	108,666			3,399,532