2021-03-31-accounts

	Page
Reference and administrative details ofthe Trust, its Trustees and advisers
Trustees' report	2-8
Independent examiner's report	9-10
Statement offinancial activities
Balance sheet	12
Notes to the financial statements	13-22

Trustees	Sir A EHerber-Percy	Sir A EHerber-Percy	Sir A EHerber-Percy	KCVO JP, Chair	KCVO JP, Chair	KCVO JP, Chair
	Mr V Hunt (Vice		Chairman			ofShropshire	Council)
	Mrs C Paton-Smith
	Lady Lydia Forester
	Mrs S Reynolds		(Borough		of Telford and Wrekin)
	Mrs A Hartley	(Chairman			of Shropshire		Council)
	Mr BWilliams	(appointed			1	June 2022)
Charity registered
number	215479
Principal office	2 Breidden Way
	Bayston Hill
	Shrewsbury
	Shropshire
	SY3OLN
Clerk to the Trust	Mr E Hewitt
Accountants	WR Partners
	Chartered Accountants
	Belmont House
	Shrewsbury	Business		Park
	Shrewsbury
	Shropshire
	SY26LG
Bankers	Lloyds Bank	PLC
	1 Pride Hill
	Shrewsbury
	Shropshire
	SY1 1DG
Trustees Investments	Cazenove Capital
Advisors	Liverpool House
	Lower Bridge Street
	Chester
	CH1 1RS

						Restricted	Unrestricted	Total	Total
						funds	funds	funds	funds
						2021	2021	2021	2020
					Note
Income from:
Investments						11,316	124,660	135,976	175,808
Other income							500	500
Total income						11,316	125,160	136,4?6	175,808
Expenditure on:
Raising funds						2,293	30,226	32,519	36,869
Charitable activities							114,771	114,771	171,951
Total expenditure						2,293	144,997	147,290	208,820
Net income/(expenditure)				before net
gains/(losses)	on	investments				9,023	(19,837)	(10,814)	(33,012)
Net gains/(losses)		on investments				81,436	1,091,849	1,173,285	(604,799)
Net movement	in	funds				90,459	1,072,012	1,162,471	(637,811)
Reconciliation	of	funds:
Total funds brought			forward			393,237	5,013,594	5,406,831	6,044,642
Net movement	in funds					90,459	1,072,012	1,162,471	(637,811)
Total funds carried			forward			483,696	6,085,606	6,569,302	5,406,831

					2021		2020
			Note		f.
Fixed assets
Investments					6,353,376		5,014,538
					6,353,376		5,014,538
Current assets
Cash at bank and in hand				330,'l78		505,876
				330,178		505,876
Creditors: amounts	falling due within one
year			10	(114,252)		(113,583)
Net current assets					215,926		392,293
Total assets less current liabilities					6,569,302		5,406,831
Net assets excluding		pension asset			6,569,302		5,406,831
Total net assets					6,569,302		5,406,831
Charity funds
Restricted funds			12		483,696		393,237
Unrestricted funds			12		6,085,606		5,013,594
Total funds					6,569,302		5,406,831

		Unrestricted	Total	Total
		funds	funds	funds
		2021	2021	2020
Other	income	500	500
Total	2021	500	500
Total	2020

			Restricted	Unrestricted	Total	Total
			funds	funds	funds	funds
			2021	2021	2021	2020
			E
Investment	management	fees	2,293	30,226	32,519	36,869
Total 2021			2,293	30,226	32,519	36,869
Total 2020				36,869	36,869

	Grants to	Grants to	Total	Total
	Institutions	Individuals	funds	funds
	2021	2021	2021	2020
Schools 8 Other Organisations	71,777		71,777	126,628
Health 8 Disability	31,000		31,000	19,019
College Course		250	250	750
Music 8 Drama		7,334	7,334	10,450
University Course		2,000	2,000	5,000
Total 2021	102,777	9,584	112,361	161,847
Total 2020	145,647	16,200	164,847

The Trust has made the	fo	llo	wing material grants to institution	s during the year:
				2021	2020
Schools &Other Organisations
Pioneer Centre					1,000
Climbing Out				1,827	3,000
Education Kids Outdoors					3,000
Flaxmill Shrewsbury				50,000	50,000
Shropshire Youth Support					25,000
Marches Academy Trust					2,500
University Centre Shrewsbury					25,000
SSS&AAAA				4,000	4,000
Musuem ofthe Gorge					7,500
Educating Kids Outdoors				3,000	3,000
The Country Houses of	Shropshire				5,128
Shropshire Council Camping			equipment	500	500
Wilfred Owen Mural					(4,000)
VCH - Shropshire				5,000	5,000
Ironbridge Gorge Museum		Trust		5,000
Shrewsbury Childrens Bookfest				1,500
Shropshire Virtual Show				500
Shrewsbury &Oswestry	Crucial Crew			350
Casey Donnelly				100
				71,777	126,628
Health &disability grants				31,000	19,019
				102,777	145,647

							Restricted	Unrestricted	Total	Total
							funds	funds	funds	funds
							2021	2021	2021	2020
									E
	Audit and accountancy							3,350	3,350	3,180
	Sundry expenses							1,140	1,140	1,079
	Postage and	stationery						90	90	167
	Honararia							1,800	1,800	1,800
	Services provided		by Shropshire		Council			(4,000)	(4,000)	4,000
	Exchange rate (gains) 8 losses									(152)
	Bank charges							30	30
	Total 2021							2,410	2,410	10,074
	Total 2020						(142)	10,246	10,104
7.	Independent	examiner's		remuneration
									2021	2020
	Fees payable	to the Trust's independent				examiner	for the independent
	examination	ofthe	Trust's	annual	accounts				3,350	3,180

	Listed
	investments
Cost or valuation
At 1 April 2020	5,014,538
Additions	1,079,012
Disposals	(913,459)
Revaluations	1,173,285
At 31 March 2021	6,353,376
Net book value
At 31 March 2021	6,353,376
At 31March 2020	5,014,538

				2021	2020
					E
	Other creditors			8,237	12,237
	Accruals and deferred		income	3,350	3,180
	Grants accrued			102,665	98,166
				114,252	113,583
11.	Financial	instruments
				2021	2020
	Financial	assets
	Cash/Bank	balances		330,178	505,876

Statement offunds - current	year
					Balance at
	Balance at 1			Gains/	31 March
	April 2020	Income	Expenditure	(Losses)	2021
Unrestricted funds
General Funds - all funds	5,013,594	125,160	(144,997)	1,091,849	6,085,606
Restricted funds
Restricted Funds - all funds	393,237	11,316	(2,293)	81,436	483,696
Total offunds	5,406,831	136,476	(147,290)	1,173,285	6,569,302

Statement		offunds - prior ye	ar
							Balance at
			Balance at			Gains	31March
			1April 2019	Income	Expenditure	(Losses)	2020
			E
Unrestricted		funds
General Funds - all funds			5,624,800	161,591	(208,962)	(563,835)	5,013,594
Restricted		funds
Restricted	Funds - all funds		419,842	14,217	142	(40,964)	393,237
Total offunds			6,044,642	175,808	(208,820)	(604,799)	5,406,831

Analysis of net assets between funds -curre	nt year
	Resb icted	Unrestricted	Total
	funds	funds	funds
	2021	2021	2021
	E
Fixed asset investments	483,696	5,869,680	6,353,376
Current assets		330,178	330,178
Creditors due within one year		(114,252)	(114,252)
Total	483,696	6,085,606	6,569,302

Analysis of net assets between funds - prior	year
	Restricted	Unrestricted	Total
	funds	funds	funds
	2020	2020	2020
			E
Fixed asset investments	334,307	4,680,231	5,014,538
Current assets	58,930	446,946	505,876
Creditors due within one year		(113,583)	(113,583)
Total	393,237	5,013,594	5,406,831