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||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|
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|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|||||||
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|||||||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|
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021|2020|
|Other|income|500|500||
|Total|2021|500|500||
|Total|2020||||
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||||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||
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||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||
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|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|
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||||||||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|
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||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|
##
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|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|
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|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|
##