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|||PAGE|
|---|---|---|
|Annual
Report||1-4|
|Independent
Examiners|Report||
|Statement
of Financial|Activities||
|Balance Sheet|||
|Notes to the Accounts||8-10|
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|Trustees:|||||||||
|---|---|---|---|---|---|---|---|---|
|The Charity|trustees|who served|during|the year|are||||
|Mrs A J Reynolds||Chairman|||Co-opted||||
|The Lord Bishop of||Lichfield|||Ex officio||||
|Mrs D F Baker||Expired 17 May 2021|||Ex officio||||
|Dr D Brown||Expired 17 May 2021|||Ex officio||||
|||Appointed|14 July 2021||Co-opted||||
|Dr R W Henshaw|||||Co-opted||||
|Mr P Hitchman||Appointed|17 May 2021||Ex officio||||
|Dr C M Lockwood|||||Co-opted||||
|Mr R P Yardley||Appointed|17 May 2021||Ex officio||||
|Principal Address:|||||Mr S R James||||
||||||The Clerk to the|Trustees|||
||||||St Mary's Chambers||||
||||||5-7 Breadmarket|Street|||
||||||Lichfield||||
||||||Staffs||||
||||||WS136PD||||
|Registered|Charity|Number:|||215036||||
|Principal Bankers:|||||National
Westminster||Bank pic||
||||||Market Street||||
||||||Lichfield||||
||||||Staffs||||
||||||WS136LE||||
|Independent|Examiner:||||A P Morris FCA||||
||||||of Dains LLP||||
||||||Chartered
Accountants||||
||||||StJohns Court||||
||||||Wiltell Road||||
||||||Lichfield||||
||||||Staffs||||
||||||WS14 9DS||||
|Investment|Advisers:||||Brewin Dolphin|Securities||Ltd|
||||||9 Colmore
Row||||
||||||Birmingham||||
||||||B32BJ||||
|Solicitor:|||||Mr S RJames||||
||||||St Mary's Chambers||||
||||||5-7 Breadmarket|Street|||
||||||Lichfield||||
||||||Staffs||||
||||||WS136PD||||
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|YEAR ENDED 31|DECE||MBER 2021||||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Endowment|Total|Total|
|||||Notes|Income Funds|Fund|2021|2020|
||||||E|||E|
|Income and endowments|||from:||||||
|Investments|||||||||
|Income from listed investments|||||44,260||44,260|43,176|
|Deposit interest and similar income|||||6||6|111|
|Total income|||||44,266||44,266|43,287|
|Expenditure
on:|||||||||
|Charitable
activities|||||31,296||31,296|6,119|
|Clerk's salary|||||4,851||4,851|4,793|
|Independent
examiner's||fee|||995||995|966|
|Investment
management|||charges||715|9,713|10,428|9,469|
|Sundry expenses|||||100||100|886|
|Total|||||37,957|9,713|47,670|22,233|
|Net gains/(losses)|on investments||||24,988|191,147|216,135|249,420|
|Net income/expenditure|||||31,297|181,434|212,731|16,100|
|Net movement
in|funds||||31,297|181,434|212,731|16,100|
|Reconciliation
of|funds:||||||||
|Total funds
brought|forward||||214,621|1,604,816|1,819,437|1,803,337|
|Total funds carried forward|||||245,918|1,786,250|2,032,168|1,819,437|
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||||Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
||||Income Funds|Fund|2021|2020|
|||Notes|E||E|E|
|Fixed Assets|||||||
|Listed Investments|||178,775|1,785,193|1,963,968|1,718,400|
|Current Assets|||||||
|Debtors|||2,186||2,186|828|
|Balances at|Bank:||||||
|Deposit|||52,479||52,479|52,479|
|Current|||18,535|3,594|22,129|65,097|
|Total Current Assets|||73,200|3,594|76,794|118,404|
|Liabilities:|||||||
|Creditors
falling due within one year|||6,057|2,537|8,594|17,367|
|Net Current|Assets||67,143|1,057|68,200|101,037|
|Net Assets|||245,918|1,786,250|2,032,168|1,819,437|
|The funds
Permanent|ofthe charity:
endowment|||1,786,250|1,786,250|1,604,816|
|Unrestricted|income funds||245,918||245,918|214,621|
|Total charity funds|||245,918|1,786,250|2,032,168|1,819,437|
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|Charitable
activities||||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||F|F|
|Grants to Organisations||||26,500|3,167|
|Grants to 6 (2020-4) Individuals||||6,376|2,952|
|Less Lapsed grant||||(1,580)||
|||||31,296|6,119|
|Grants to organisations||are as follows:||||
|Citizen's Advice South|East Staffs|||16,000||
|Variety, The Children's|Charity re Saxon||Hill School|5,000||
|Lichfield Talking
News||||1,500||
|Lichfield Garrick Theatre||||4,000||
|St Giles Hospice|||||2,667|
|Lichfield Food Bank|||||500|
|||||26,500|3,167|
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|5 Listed|Investments|Investments||||||
|---|---|---|---|---|---|---|---|
|||||Income|Endowment|Total|Total|
|||||Fund|Fund|2021|2020|
|||||E|E|||
|Listed Investments||||167,537|1,763,704|1,931,241|1,682, 180|
|Investment||Portfolio Cash||11,238|21,489|32,727|36,220|
|||||178,775|1,785,193|1,963,968|1,718,400|
|Investments||held at 01.01.21||112,171|1,570,009|1,682,180|1,715,968|
|Additions|at|cost||49,408|129,434|178,842|151,205|
|Disposals|at carrying||value|(19,030)|(126,886)|(145,916)|(180,039)|
|Add net gain/(loss)
on revaluation||||24,988|191,147|216,135|(4,954)|
|Investments||held at 31.12.21||167,537|1,763,704|1,931,241|1,682,180|
|Asset sales|and pu|rchases
are recognis|ed
at the date|of trade at cost|(that is their tr|
|---|---|---|---|---|---|
|6 Debtors||||2021|2020|
|||||E|E|
|Investment|Income|||2,186|828|
|In 2020 all debtors||relate to unrestricted|income funds.|||
|7 Bank balances||||2021|2020|
||||||E|
|Deposit||||52,479|52,479|
|Current||||22,129|65,097|
|||||74,608|117,576|
|Unrestricted|income funds|||71,014|98,298|
|Endowment|fund|||3,594|3,083|
|||||74,608|117,576|
|8 Creditors||||2021|2020|
|||||E|F|
|Creditors
and accrued expenses||||3,529|3,867|
|Grants authorised||but not paid||5,065|13,500|
|||||8,594|17,367|
|Unrestricted|income funds|||6,057|15,034|
|Endowment|fund|||2,537|2,333|
|||||8,594|17,367|
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|10 Analysis
of Net Assets Between Funds||||
|---|---|---|---|
||Accumulated|Endowment|Total|
||Income Fund|Fund|2020|
||f|P|E|
|Fixed Assets|114,566|1,603,834|1,718,400|
|Current Assets|115,089|3,315|118,404|
|Current
Liabilities|(15,034)|(2,333)|(17,367)|
|Fund Balance|214,621|1,604,816|1,819,437|