2021-12-31-accounts - The Savage Club Benevolent Fund

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			Page
Report ofthe Trustees		1	to	3
Independent Examiner's Report
Statement ofFinancial	Activities
Balance Sheet
Notes tothe Finandal	Statements	7	to	11
Detailed Statement ofFinancial Activities

			2021	2020
			Unrestricted	Total
			fund	funds
		Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies			2,967	12,416
Investment income			22 988	22 073
Total			25 955	34,489
EXPENDITURE ON
Raising funds
Raising donations and	legacies		1,646
Investment management	costs		2,203	2 015
			3,849	2,015
Charitable activities
Grants to individuals			13,810	29,861
Other			12357	9930
Total			30016	41,806
Net gains/(losses) on investments			33 109	~42,251
NET INCOME/(EXPENDITURE)			29,048	(49,568)
RECONCILIATION	OFFUNDS
Total funds brought forward			449,412	498,980
TOTAL FUNDS CARRIED FORWARD			478 460	449,412

	Balance Sheet 31December 2021
		2021	2020
		Unrestricted	Total
		fund	funds
	Notes
FIXEDASSETS
Investments		443,235	420,020
CURRENT ASSETS
Debtors		840	840
Cash at bank		37385	30052
		38,225	30,892
CREDITORS
Amounts falling due within one year		(3,000)	(1,500)
NET CURRENT ASSETS		35 225	29,392
TOTAL ASSETSLESSCURRENT
LIABILITIES		478,460	449,412
NET ASSETS		478 460	449412
FUNDS	10
Unrestricted funds		478460	449,412
TOTAL FUNDS		478,460	449,412

	Notes tothe Financial Statements - continued for the year ended 31December 2021	Notes tothe Financial Statements - continued for the year ended 31December 2021
6.	COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES
			Unrestricted
			fund
	INCOME AND ENDOWMENTS FROM
	Donations and legacies		12,416
	Investment income		22,073
	Total		34489
	EXPENDITURE ON
	Raising funds
	Investment management	costs	2,015
			2,015
	Charitable achvities
	Grants to individuals		29,861
	Other		9930
	Total		41,806
	Net gains/(losses) on investments		~42 251
	NET INCOME/(EXPENDITURE)		(49,568)
	RECONCILIATION	OFFUNDS
	Total funds brought forward		498,980
	TOTAL FUNDS CARRII&.DFORWARD		449,412
7.	FIXEDASSETINVESTMENTS
			Listed
			investments
	MARKET VALUE
	At 1January 2021		420,020
	Additions		53,445
	Disposals		(47,743)
	Revaluations		17513
	At 31December 2021		443 235
	NET BOOKVALUE
	At 31December 2021		443,235
	At 31December 2020		420 020

	FIXEDASSE	FIXEDASSE	TINVESTMENTS - continued	TINVESTMENTS - continued
	There were no		investment assets outside the UK.
	Cost orvaluation			at 31December 2021 isrepresented	by:
								Listed
								investments
	Brought fo~ard							524,923
	Additions							131,727
	Disposals							(169,031)
	Revaluations							~44 384
8.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
							2021	2020
	Other debtors
9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
							2021	2020
	Other creditors							~1
10.	MOVEMENT		IN FUNDS
							Net
							movement	At
						At 1.1.21	in funds	31.12.21
	Unrestricted	funds
	General fund					449,412	29,048	478,460
	TOTAL FUNDS					~44 ~4	~2~4	~4~49
	Net movement		in	funds, included in the above are as follows:
					Incoming	Resources	Gains and	Movement
					resources	expended	losses	in funds
	Unrestricted	funds
	General fund				25,955	(30,016)	33,109	29,048
	TOTAL FUNDS				2595

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
			f,	f,
Unrestricted	funds
General fund		34,489	(41,806)	(42,251)	(49,568)
TOTAL FUNDS		~44		~42 25~1	~4~8+

		Incoming	Resources	Gains and	Movement
			expended	losses	in funds
Unrestricted	funds
General fund		60,444	(71,822)	(9,142)	(20,520)
TOTAL FUNDS			Ql 8~222	~~142	~2~520

			The Savage Club Benevolent Fund
			Detailed Statement ofFinancial Activities
			for the year ended 31December 2021
				2021	2020
					E
INCOME AND ENDOWMENTS
Donations and legacies
Gifh					1
Donations				~2967	~12415
				2,967	12,416
Investment income
Other fixed asset invest		- FII		~22 988	~22 073
Total incoming resources				25,955	34,489
EXPENDITURE
Investment management			costs
Portfolio management				2,203	2,015
Charitable activities
Grants to individuals				13,810	28,232
Other
Administrative expenses				10,357	7,930
Watchmen expenses				2,000	~2000
				12,357	9,930
Support costs
Finance
Bank charges				146	66
Governance costs
Accountancy and legal fees				~1500	~1563
Total resources expended				30,016	41,806
Net expenditure before gains and losses				(4,061)	(7,317)
Realised recognised	gains		and losses
Realised gains/(losses)		on	fixed asset
investments				~15596	~8028
Net income				~11 535	711