||||Page|| |---|---|---|---|---| |Reporl ofthe Trustees||1|tc|4| |Independent
Examiner's|Report|||| |Statement ofFinancial|Activities|||| |Balance Sheet||||| |Notes to the Financial Statements||8 to||14| |Detailed Statement of Financial Activities|||15|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |F|ORTHE|YEAR EN|DED 31DECEM|BER 202'I||| |---|---|---|---|---|---|---| ||||||2021|2020| ||||Unrestricted|Endowment|Total|Total| ||||funds|fund|funds|funds| |||Notes|2||8|| |INCOME AND ENDOWMENTS|FROM|||||| |Investment
Income|||32,046||32,046|33,701| |EXPENDITURE ON||||||| |Charitable
activities
Education
Grants
Relief in need|||51,054
11,523||51,054
11,523|52,191
10,590| |Total|||62,577||62,577|62,781| |Net gains/(losses)
on investments||||105,209|105,209|(16,784)| |NET INCOME/(EXPENDITURE)|||(30,531)|105,209|74,678|(45,864)| |RECONCILIATION
OF FUNDS||||||| |Total funds brought forward|||295,049|1,290,187|1,585,236|1,631,100| |TOTAL FUNDS CARRIED FORWARD|||264,518|1,395,396|1,659,914|1,585,236| ## |FIXEDASSETS|Notes|Unrestdcted
funds
6|Endowment
fund
E|2021
Total
funds
8|2020
Total
funds
5| |---|---|---|---|---|---| |Investments|||||| ||||'f,151,813|1,151,613|1,022,009| |CURRENT ASSETS|||||| |Cash at bank||268,658|243,583|512,241|567,188| |CREDITORS|||||| |Amounts
falling due within one year|8|(4,140)||(4,140)|(3,961)| |NET CURRENT ASSETS||264,518|243,583|508,10'I|563,227| |TOTAL ASSETS LESSCURRENT|||||| |LIABILITIES||264,518|1,395,396|1,659,914|1,585,236| |NETASSETS||264,518|1,395,396|1,659,914|1,585,236| |FUNDS|||||| |Unrestricted
funds|||||| |Endowment
funds||||264,518|295,049| |||||1,395,396|1,290,187| |TOTAL FUNDS|||||| |||||1,659,914|1,585,236| ## ## ## ## ## ## ## ## |INVESTMENT INCOME|INVESTMENT INCOME|||| |---|---|---|---|---| |Dividend
income
Deposit account interest
Charities deposit fund Interest|||2021
8
30,590
1,445
11|2020
f
31,831
1,634
236| ||||32,046|33,701| |CHARITABLE ACTIVITIES COSTS||||| |||Grant||| |||funding of||| |||activities||| |||(see note|Support|| |Education
Grants
Relief In need||4)f
47,018
6,467|costs
8
4,036
5,056|Totals
8
51,054
11,523| |||53,485|9,092|62,577| ## ## ## ## |GRANTSPAYABLE||||| |---|---|---|---|---| ||||2021|2020| |Education
Grants
Relief in need|||47,018
6,467|48,500
5,904| ||||53,485|54,404| |The total grants paid to institutions|during|the year was as follows:|2021|2020| ||||F|| |Education grants to local schools
Education grants to local trainees at college and university
WBOS Youth Theatre
Boys and Girls Brigade's
W BDartmouth
Cdcket Club
Bloomfield Over 50's Club
Friends of Dartmouth
Park
Charlemont
Star Football Club
Charlemont
Dramatic Society
BUDS
West Bromwich Brownies
West Bromwich
Rainbows
Yendy's
Netball
Club
Ryders Green Methodist
Day Centre
Fusion Dance
West Bromwlch
Guides
Voice of Hope Choir
African Speaking Support
Singh Sabha FC
Cameo Friendship
Group
Hope Church
PoliceCcmmunity
Clubs ofGB
West Brom Rambling
Club
Yendeys
Netball Club
Charlemont
Methodist
Church
Dartmouth
Ladies Bowling Club|||13,120
18,703
1,500
350
600
725
545
800
750
1,500
1,500
750
500
525
700
2,400
1,000
400|1,650
24,520
11,300
1,000
530
1,000
760
1,500
(400)
(160)
650
1,200
2,400
1,000
500
300
750| |Grandparents
plus||||| ||||250|| |Headway
Black Country
Kaleidoscope
Group
West Brom Baptist Church
Brandhall
colts East U9s
Canal River Trust|||250
250
500
600
500|| |Dartmouth
Central Club|||400|| |Sandwell
&West Birmingham
hospitals||trust|250|| ||||49,368|48,500| ## ## ## ## ## |There were no trustees
31 December 2020.|There were no trustees
31 December 2020.|'
expenses
paid for the year ended 31 December|'
expenses
paid for the year ended 31 December|'
expenses
paid for the year ended 31 December|2021 nor for|the year
ende| |---|---|---|---|---|---|---| |COMPARATIVES FOR||THE STATEIIIIENT OF FINANCIAL ACTIVITIES||||| |||||Unrestricted|Endowment|Total| |||||funds|fund|funds| |INCOME AND ENDOWMENTS|||FROM|||2| |Investment
income||||33,701||33,701| |EXPENDITURE ON||||||| |Charitable
activities||||||| |Education
Grants
Relief in need||||52,191
10,590||52,191
10,590| |Total||||62,781||62,781| |Net gains/(losses)
on|investments||||(16,784)|(16,784)| |NET INCOME/(EXPENDITURE)||||(29,080)|(16,784)|(45,864)| |RECONCILIATION
OF FUNDS||||||| |Total funds brought|forward|||324,129|1,306,971|1,631,100| |TOTAL FUNDS CARRIED FORWARD||||295,049|1,290,187|1,585,236| |FIXEDASSETINVESTMENTS||||||| |||||||LIsted| |||||||investments| |MARKET VALUE||||||| |At 1 January 2021
Additions
Disposals
Revaluations||||||1,022,009
24,056
(7,808)
113,556| |At 31 December 2021||||||1,151,813| |NET BOOKVALUE||||||| |At 31 December 2021||||||1,151,813| |At 31 December 2020||||||1,022,009| |There were no investment||assets|outside the UK.|||| |||||||continued. ..| ## ## ||||||Listed| |---|---|---|---|---|---| ||||||investmsnts| ||||||f| ||Valuation
in 2021
Cost||||328,034
823,779| ||||||1,151,813| |8,|CREDITORS:|AMOUNTS|FALLING DUE WITHIN ONE YEAR|2021
f|2020
f| ||Other creditors|||4,140|3,961| |9.|MOVEMENT|IN FUNDS|||| |||||Net|| |||||movement|At| ||||At 1/1/21
f|in funds|31/12/21
f| ||Unrestricted
funds
Education
Fund
Relief in Need||55,614
239,435|(25,418)
(5,113)|30,196
234,322| ||||295,049|(30,531)|264,518| ||Endowment
funds
Endowment
Fund||1,290,187|105,209|1,395396| ||TOTALFUNDS||1,585,236|74,678|1,659,914| |Net movemsnt
In funds, included|In the above are as follows|:||| |---|---|---|---|---| ||Incoming|Resources|Gains and|Movement| ||resources
f|expended
f|losses
f|in funds
f| |Unrestricted
funds||||| |Education
Fund
Relief in Need|25,636
6,410|(51,054)
(11,523)||(25,418)
(5,113)| ||32,046|(62,577)||(30,531)| |Endowment
funds
Endowment
Fund|||105,209|105,209| |TOTAL FUNDS|32,046|(62,577)|105,209|74,678| ## ## ## ||||||Net|| |---|---|---|---|---|---|---| ||||||movement|At| |||||At 1/1/20|in funds|31/12/20| |Unrestricted|funds|||||| |Education
Fund
Relief in Need||||119,137
204,992|(35,341)
6,261|83,796
211,253| |Endowment|funds|||324,129|(29,080)|295,049| |Endowment|Fund|||1,306,971|(16,784)|1,290,187| |TOTAL FUNDS||||1,631,100|(45,864)|1,585,236| |Comparative|net movement|in funds, Included|in the above|are as follows:||| ||||Incoming|Resources|Gains and|Movement| ||||resources|expended|losses|in funds| ||||F|||| |Unrestricted|funds|||||| |Education
Fund
Relief in Need|||16,850
16,851|(52,191)
(10,590)||(35,341)
6,261| |Endowment|funds||33,701|(62,781)||(29,080)| |Endowment|Fund||||(16,784)|(16,784)| |TOTALFUNDS|||33,701|(62,781)|(16,784)|(45,864)| |A current year 12months
and pdor year|12months combined
position
is as|follows:|| |---|---|---|---| |||Net|| |||movement|At| ||At 1/1/20|in funds|31/12/21| |Unrestricted
funds|2|8|2| |Education
Fund
Relief in Need|119,137
204,992|(60,759)
1,148|58,378
206,140| |Endowment
funds|324,129|(59,611)|264,518| |Endowment
Fund|1,306,971|88,425|1,395,396| |TOTAL FUNDS|1,631,100|28,814|1,659,914| ## ## ## |A current
year 12 months
and pd
above are as follows:|or year 12months
combi|ned
net movem|ent
in funds,
i|ncluded
in th| |---|---|---|---|---| ||Incoming
resources|Resources
expended|Gains and
losses|Movement
in funds| ||6|6||| |Unrestricted
funds
Education
Fund
Relief in Need|42,486
23,261|(103,245)
(22,113)||(60,759)
1,148| ||65,747|(125,358)||(59,611)| |Endowment
funds
Endowment
Fund|||88,425|88,425| |TOTAL FUNDS|65,747|(125,358)|88,425|28,814| ||THE|THE|GEORGE &THOMAS HENRY SALTER TRUST||| |---|---|---|---|---|---| |||DETAILED STATEMENT OF FINANCIAL ACTIVITIES|||| ||||FOR THE YEAR ENDED 31 DECEMBER 2021||| |||||2021|2020| |||||6|| |INCOME AND ENDOWMENTS|||||| |Investment
income|||||| |Dividend
income
Deposit account interest
Charities deposit fund Interest||||30,590
1,445
11|31,831
1,634
236| |||||32,046|33,701| |Total incoming
resources||||32,046|33,701| |EXPENDITURE|||||| ||'||||| |Charitable
activities|||||| |Grants to institutions
Grants to individuals||||49,368
4,117|48,500
5,904| |||||53,485|54,404| |Supportcosts|||||| |Governance costs|||||| |Secretartal Fees
Clerks fess
Accountancy
Other administration|costs|||1,020
2,950
4,200
922|995
2,700
3,912
770| |||||9,092|8,377| |Total resources expended||||62,577|62,781| |Net expenditure
before gains|||and losses|(30,531)|(29,080)| |Realised recognised|gains|and losses|||| |Realised gains/(losses)|on fixed||asset||| |Investments||||105,209|(16,784)| |Net income/(expenditure)||||74,678|(45,864)|