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|Contents|||Page|
|---|---|---|---|
|Reference and administrative||information||
|Report ofthe directors|||2-5|
|Independent
auditor's|report||6-7|
|Statement offinancial|activities|||
|Balance sheet||||
|Statement
ofcash flows|||10|
|Notes to the financial|statements||11 —19|
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|Mrs C B Mallinokrodt|
|---|
|Mrs C L Fttzalan
Howard|
|Mr TBSchroder|
|Ms L K ESchroder|
|Mr J H FSchroder|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
||||Notes|Restricted|Unrestricted|funds|funds|
|||||6||6||
|Income from:||||||||
|Investments|||||525,391|525,381|534,605|
|Total|||||525,391|525,391|534,605|
|Expenditure
on:||||||||
|Raising funds —investmsnt
Charitable
activities||manager fees|||2,078
560,137|2,078
560,137|2,028
461,461|
|Total|||||562,215|562,215|463,489|
|Net (expenditure)/Income||before gains|||(36,824)|(36,824)|71,116|
|and losses on|Investments|||||||
|Net gains/(losses)|on investments||||3,96?,8'l5|3,957,815|(931,381)|
|Net Income/(expenditure)
In funds||and movement|||3,930,991|3,930,991|(860,265)|
|Fund balances|brought|forward|||11,645,002|11,645,002|12,505,267|
|Fund balances|carried forward||||15,576,993|15,575,993|11,645,002|
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|Balanc|e she|et as a|t 31 March 2021||||
|---|---|---|---|---|---|---|
|||||Notes|202'I|2020|
||||||8|8|
|Fixed assets|||||||
|Investments|||||15,234,569|11,234,240|
|Current assets|||||||
|Debtors||||10|324,708|324,654|
|Cash at bank and in||hand|||55,7SS|126,620|
||||||380,461|450,274|
|Creditors:|amounts|due within|1 year||(39,031)|(39,506)|
|Net cunsnt|assets||||341,430|410,768|
|Net assets|||||15,576,999|11,645,008|
|Financed by:|||||||
|Share capital||||12|||
|Funds|||||||
|Unrestricted|funds||||1S,575,993|11,645,002|
|Totalfunds||||13|15,575,999|11,646,008|
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||||||||Notes||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||8|6|
|Cash flows from operating|activities:||||||||||
|Net cash used in operating|activities||||||(s)||(562,742)|(465,709)|
|Cash flows from Investing|activities:||||||||||
|Dividends,
interest and rents from investments
Proceeds from sale ofinvestments|||||||||490,998
8,327|517,784
20,297|
|Purchase of investments|||||||||(8,445)|(16,400)|
|Change
in investment
cash|||||||||(3)|33|
|Net cash provided
by Investing
activities|||||||||492,877|521,714|
|Change
In cash and cash|equivalents|In the reporting||period|||||(89,885)|56,005|
|Cash and cash equivalents|at the beginning||ofthe reporting||period||(b)||125,620|69,615|
|Cash and cash equivalents|at the end|ofthe reporting|||period||(b)||65,755|125,620|
|(a) Reconciliation
of net income to net||cash flows from|||operating|activities|||||
|Net income/(expenditure)|for the reporting||period||||||3,930,991|(860,265)|
|Adjusbnents
fon|||||||||||
|(Ga/ns)/losses
on investments
Dividends
and Interest from investments|||||||||(3,967,815)
(525,391)|931,381
(534,605)|
|Increase
ln debtors|||||||||(52)|(8,787)|
|(Decrease)/increase
in creditors|||||||||(475)|6,567|
|Net cash used In operating|activities||||||||(582,742)|(465,709)|
|(b) Analysis ofcash and cash equivalents|||||||||||
|Cash in hand|||||||||55,755|125,620|
|Total cash and cash equivalents|||||||||55,755|125,620|
|(c) Analysis ofchanges
in|net debt:||||||||||
||||||1|April|||Non-cash|31 March|
|||||||2020|Cash|flows|movement|2021|
|||||||||9||6|
|Cash snd cash equivalents|||||125,620||(69,865)|||55,755|
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|Investment|Income|Income|||||2021
8|2020f|
|---|---|---|---|---|---|---|---|---|
|Dividends|||||||525,390|534,098|
|Bank interest|||||||1|507|
||||||||525,391|534,605|
|No restricted
Investment||||income wss received|In the year (2020: ENII).||||
|Raising funda -||costs|||||2021|2020f|
|Investment|management|||costs|||2,078|2,028|
||||||||2,078|2,028|
|All costs incurred||in both||2021 and 2020 were|in respect of unrestricted|funds.|||
|Charitable|activities||||||2021|2020f|
|Charitable|donations||(note 6)||||615,900|418,249|
|Administration|||||||33,887|36,132|
|Governance|||||||10,350|7,080|
||||||||560,137|461,461|
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||||||||||
|---|---|---|---|---|---|---|---|---|
|6.|Charitable
donations|||||||2021|
|Made to institutions:|||||||||
||Access Project, The|||||||4,000|
||Age UK Plymouth
I Plymouth|||Age Concern||||5,000|
||Age UK Bath and
N East|Somerset||||Limited||4,000|
||Amphibian
snd Reptile Conservation||||||Trust|3,000|
||Ampney
Crucis Church|||||||1,000|
||Andover
Mind|||||||4,000|
||Arts 4 Dementia|||||||5,000|
||Arts Taunton|||||||5,000|
||Attend|||||||4,000|
||Auditory
Verbal UK|||||||5,000|
||Blind in Business Trust|||||||3,500|
||Blood Bikes Scotland|||||||4,000|
||Biyth Star Enterprises
Limited|||||||4,000|
||Book Clubs in Schools|||||||5,000|
||Breaking Barriers|||||||5,000|
||Bridge (East Midlands),
The|||||||4,000|
||Bridges for Communities|||||||3,000|
||Bromley Homeless|||||||5,000|
||Bromsgrove
and Redditch||Network|||||2,600|
||Bumblebee
ConservsNon|Trust||||||5,000|
||Buty Metropolitan
Arts Association|||||||3,000|
||Cambridge
House and Talbot|||||||5,000|
||Care forthe Carers|||||||5,000|
||Care Network
Cambridgeshire|||||||3,000|
||Chsrnwood
20:20|||||||4,000|
||Chelsea Old Church|||||||1,000|
||Child and Family Connect|||||||3,000|
||Children
on the Edge|||||||3,000|
||Children's
Literacy Charity,
Clay Foundation,
The||The|||||4,000
5,0X|
||Clean Rivers Trust|||||||4,000|
||Compassionate
Friends, The|||||||3,000|
||Connecting
Communities
Cove Park|in Berkshire||||||4,000
4,0X|
||Differen Strokes (Trusfees)|||Limited||||4,0X|
||Domestic Abuse Volunteer||Support|||Services||5,000|
||Drunken
Chorus|||||||2,800|
||Durham
Wildlife Trust Limited|||||||5,000|
||Dyspraxta
Foundation|||||||5,000|
||Earth Trust|||||||3,000|
||Educate &Celebrate|||||||2,000|
||Emmsus
Gloucestershire|||||||5,000|
||Excel Women's
Association|||||||4,000|
||Exposure Organisstlon
Umited|||||||2,0X|
||FsrsShare|||||||5,000|
||Fetima Women's
Association|||||||4,000|
||Foundling
Museum,
The|||||||4,000|
||Future Trees Trust|||||||3,000|
||Giving World|||||||5,000|
||Good Morning
Service|||||||5,000|
||Gosport Voluntary
Action|||||||4,000|
||Green Team, The|||||||3,000|
||Gynaecology
Cancer Research||||Fund||(The Eve Appeal)|5,000|
||Half Moon Young People's||Theatre|||||4,000|
||HALOW (Birmingham)|||||||4,000|
||Helen Bamber Foundation|||||||5,000|
||Helix Arts|||||||4,000|
||Home for Good|||||||5,000|
||Hourglass
(Safer Ageing)|||||||3,000|
||ICUSteps|||||||2,000|
||Carried forward|||||||234,800|
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||Brought forward||||||234,800|
|---|---|---|---|---|---|---|---|
||Independent
Provider ofSpsoial Education||||Advice||4,000|
||Kaalmo Youth Development||Limited||||3,000|
||Katherine
Low Settlement|Limited|||||4,000|
||Leeds international
Pianoforte|||Competition|||5,000|
||Listening
Books||||||4,000|
||London
Youth Choir||||||5,000|
||Macular Disease Society, The||||||4,000|
||Marine Conservation
Sodety||||||5,000|
||Medair UK||||||4,000|
||Music in Detention||||||3,000|
||Mwezi Foundation,
The||||||4,000|
||National Excema Sodety||||||2,500|
||National Emergencies
Trust||||||75,000|
||New Deal ofths Mind||||||3,000|
||North East Youth Limited||||||3,500|
||New Brewery Arts Limited||||||2,200|
||Older Citizens Advocacy York||||||4,000|
||One25 Umited||||||5,000|
||Our Time||||||4,000|
||Penrith
District Red Squirrel||Group||||2,000|
||Peterborough
Asylum
and|Refugee Community||||Assodatlon|5,000|
||Positive East||||||3,000|
||Prisoners'
Advice Service||||||6,000|
||Prostate Cancer Research||||||4,000|
||Reach Volunteering||||||4,000|
||Read Easy UK||||||4,000|
||Reading
Mencap||||||3,000|
||Redthread
Youth Limited||||||5,000|
|.|Re-Engage
Limited||||||4,000|
||Refuge||||||10,000|
||Royal Chapel Windsor||||||400|
||Scottish Families Affected by Alcohol end
Separated
Child Foundation,
The
Shooting Star Children's
Hospices||||Drugs||4,000
4,000
5,000|
||Sight Support
Hull and East Yorkshire||||||5,000|
||Single Homeless
Project, The||||||5,000|
||Sixteen, The||||||5,000|
||Snowdrop
Project, The||||||3,000|
||Solicitors Pro Bono Group —Law Works||||||5,000|
||StAndreurs
Church
(Currey||Rival)||||1,000|
||St Andrew's
Club||||||5,000|
||St Jude's Church||||||600|
||Stay Up Late
Sudden
Productions||||||4,000
2,500|
||Sunderland
Women's
Centre||||||2,600|
||Surfers Against Sewage||||||5,000|
||Talking
Money||||||4,000|
||TBAlert||||||5,000|
||Together Collective||||||4,000|
||Tourettes Syndrome
(UK) Assodatlon||||||6,000|
||Unseen
UK||||||5,000|
||Vietnamese
Mental
Health|Services|||||4,000|
||Worldng
Rite||||||4,000|
||2021 total||||||616,900|
||2020 total||||||418,249|
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|Net Investment|gains/(losses)||2021|2020|
|---|---|---|---|---|
||||E|E|
|Realised gains
Unrsallssd
gains/(losses)|||1,359
3,966,458|708,057
(1,639,438)|
||||3,967,815|(931,381)|
|Net movement|in funds||||
|Nst movement|In funds Is stated aRer charging.|'|||
||||2021|2020|
||||E||
|Directors'
remuneration|||||
|Auditor's
remuneration|||||
|-as auditor|||9,600|5,400|
|-for accountancy
services||||1,500|
|Investments||2021|2020|
|---|---|---|---|
|||E||
|k/larket
value brought
forward||11,234440|12,152,697|
|Additions
at cost||40,838|1,557,050|
|Dlsposals proceeds
Net gains / (losses) on dlsposals|and revaluations|(8,327)
3,987,815|(1,544,126)
(93h381)|
|||15434,566|11,234,240|
|Portfolio cash held by investment|manager|3||
|Market value carried forward||15,234,569|11,234,240|
|Historic cost carried forward||13,056,518|13,017,149|
|Investments
comprise the following:||||
|||2021|2020|
|||E|E|
|Equities (listed)||15,184,386|11,178,982|
|Private
equity||50,200|55,258|
|||15,234,588|11,234,240|
|Debtors||2021|2020|
|||E|E|
|Dividends
receivable||324,706|324,654|
|||324,706|324,654|
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||Creditors:|amounts|amounts|amounts|falling due vnthin|falling due vnthin|one year|2021|2020|
|---|---|---|---|---|---|---|---|---|---|
|||||||||E|E|
||Accruals:|||||||||
||Investment||manager's|||charges||539|491|
||Administration|||of|the|Trust||28,142|32,116|
||Auditor's|remuneration||||||9,600|6,900|
||Accountancy|||fee||||750||
|||||||||39,031|39,506|
|12.|Share capital||||||||Allotted,|
||||||||||called up|
||||||||||and fully|
|||||||||Authorised|paid|
|||||||||6|E|
||Ordinary shares|||of|E1each|||100||
|13.|Analysis
of net assets between|funds -2021|Share|Restricted|Unrestricted|Total|
|---|---|---|---|---|---|---|
||||capital|funds|funds|funds|
||||E|E|E|E|
||Investments||||15,234,669|16,234,569|
||Net current assets||6||341,424|341,430|
||Net assets at the end ofthe year||||15,575,993|15,575,999|
|Analysis
of net assets between|funds - 2020|Share|Restricted|Unrestricted|Total|
|---|---|---|---|---|---|
|||capital|funds|funds|funds|
|||6|E|E|E|
|Investments||||11,234,240|11,234,240|
|Net current assets||||410,762|410,768|
|Net assets at the end ofthe year||||11,645,002|11,645,008|
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