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2021-07-29-accounts

Charity number: 217301

The John Avins Trust

Report and financial statements For the year ended 29 July 2021

The John Avins Trust

Contents

For the year ended 29 July 2021

Reference and administrative information ...................................................................................... 1 Trustees’ annual report .................................................................................................................. 2 Independent examiner’s report ...................................................................................................... 7 Statement of financial activities (incorporating an income and expenditure account) ..................... 8 Balance sheet ................................................................................................................................. 9 Notes to the financial statements ................................................................................................. 10 Appendix – detail of grants made ................................................................................................ 17

The John Avins Trust

Reference and administrative information

For the year ended 29 July 2021

Charity number 217301
Registered office The Estate Office
Wharf Cottage
Broombank
Tenbury Wells
Worcestershire
WR15 8NY
Country of
registration England & Wales
Trustees Trustees who served during the year and up to the date of this report were
as follows:
Professor D Cox Chairman
V C Sharma
Mrs F Collins
Mrs J Millward
J Russell
M Straker-Welds
Secretary/Clerk Ms C Norgrove
Bankers CAF Bank Limited
25 Kings Hill Avenue
West Malling
ME19 4JQ
Solicitors Shakespeare Martineau LLP
No 1 Colmore Square
Birmingham
B4 6AA
Investment Advisers Brewin Dolphin Limited
9 Colmore Row
Birmingham
B3 2BJ
Independent Sayer Vincent LLP
Examiner Chartered Accountants
Invicta House
108-114 Golden Lane
London
EC1Y 0TL

1

The John Avins Trust

Trustees’ annual report

For the year ended 29 July 2021

The trustees present their report and the financial statements for the year ended 29 July 2021.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the charity's trust deed, the Charities Act 2011 and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Objectives and activities

The charity’s constitution restricts its grant making to medical charities in or near Birmingham and certain non-medical charities named in the Will of John Avins, of which The Birmingham Blue Coat School and Focus Birmingham (as successor to The Birmingham Royal Institution for the Blind) still exist. The Trustees also provide a yearly sum, to be determined by the Trustees from time to time, to be applied for Science Scholarships at the University of Birmingham and for the Eliza Avins Music Scholarship for pupils or former pupils of secondary schools in Birmingham. The Music Scholarships are paid through the Birmingham Conservatoire.

In respect of the grants given to charities (apart from those specified in the Will), the Trustees only repeat grants for three years at a time, although new applications are considered after a reasonable gap. In reviewing applications, they only consider grants to medical charities providing benefit to individuals living in or near Birmingham. They consider that research and administration in the medical field fulfil these criteria. In considering applications from national charities, the Trustees wish to be assured that the money will be spent or the benefit provided in Birmingham.

The Trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Charity’s aims and objectives and planning future activities. In particular, the Trustees have considered how planned activities will contribute to the aims and objectives set.

Purposes and aims

The trustees review the aims, objectives and activities of the charity each year. This report looks at what the charity has achieved and the outcomes of its work in the reporting period. The trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the trustees ensure the charity's aims, objectives and activities remained focused on its stated purposes.

Achievements, performance and financial review

The charity's main activities and who it tries to help are described above. All its charitable activities focus on grant-making and are undertaken to further The John Avins Trust’s charitable purposes for the public benefit.

2

The John Avins Trust

Trustees’ annual report

For the year ended 29 July 2021

The income of the Trust for the year ended 29 July 2021 amounted to £45,001 (2020: £51,664). Administration and governance costs that have been absorbed total £5,937 (2020: £5,855) leaving £39,064 (2020: £45,809) for distribution.

£9,000 (2020: £9,000) was disbursed for scholarships and £40,500 (2020: £41,260) was distributed by way of charitable grants.

At 29 July 2021 the value of the Trust’s investments, including cash awaiting investment, amounted to £1,831,157 compared with £1,583,012 at the previous year end.

The Trustees are satisfied that the Balance Sheet as at 29 July 2021 discloses funds adequate to fulfil the obligations of the Trust.

Principal risks and uncertainties

The Trustees have reviewed the major strategic and operational risks to which the charity is exposed and are satisfied that management reporting systems are in place to minimise the effects of such risks as may exist.

The Trustees have looked at risks associated with the reputation, purposes, local relevance and financial status of organisations receiving John Avins Trust grants. Applications and annual accounts of the charities and projects concerned are scrutinised by the Trustees at a Board meeting and follow up enquiries made when deemed necessary.

The Trustees consider that the main risk to the charity arises from the performance of its investment portfolio as a result of the combination of uncertain investment markets and volatility in yield. The charity is reliant on dividend yield to finance its work. Liquidity risk is anticipated to be low as all assets are traded. The charity's investments are mainly traded in markets with good liquidity and high trading volumes. The charity has no material investment holdings in markets subject to exchange controls or trading restrictions.

The charity manages these investment risks by retaining expert advisors and operating an investment policy that provides for a high degree of diversification of holdings within investment classes that are quoted on recognised stock exchanges. The charity does not make use of derivatives and similar financial instruments as it takes the view that investments are held for their longer term yield total return and historic studies of quoted financial instruments have shown that volatility in any particular 5-year period will normally be corrected.

Investment Policy

The Trustees have appointed Investment Managers on a discretionary basis who produce regular reports for consideration by the Trustees and who attend at least one meeting per year to discuss investment performance and strategy and the outlook for world economies.

3

The John Avins Trust

Trustees’ annual report

For the year ended 29 July 2021

There are no restrictions on the Trustees’ powers to invest, although they operate an ethical policy and do not invest directly in tobacco companies.

The Trustees' objectives are:

The Trustees' policy is to invest in an appropriate mix of assets e.g. property, equities, fixed interest and monetary assets. The Trustees recognise that the returns on equities, while expected to be greater over the longer-term than those of fixed interest and monetary assets, are likely to be more volatile. Investment in a mix of asset classes should nevertheless provide the levels of return required and mitigate volatility for the Trust to achieve its objectives.

Reserves policy and going concern

It has been the policy of the Trustees in previous years to reduce unrestricted reserves, the charity’s undistributed income, to a minimum and to maintain them at this level. At 29 July 2021 undistributed income amounted to £38,128 (2020: £48,564).

Plans for the future

The Trustees plan to continue their policy of maximising the Trust’s income with a view to at least maintaining the level of grants awarded.

Structure, governance and management

The Trust is an unincorporated charity and was founded in 1891 under the Will of John Avins as The John Avins Trust and is governed by a scheme of 23 February 1976 as amended by an order dated 31 August 1977 and further schemes of 5 April 1982 and 2 February 2011. The Trustees were incorporated under the Charitable Trustees Incorporation Act 1872 by an order of the Charity Commissioners on 17 April 1959.

All matters of policy and management are determined by the Trustees who meet annually and at such other times as circumstances require. The Trustees discuss investment matters with the Trust’s investment advisers, Brewin Dolphin Securities Limited, who have been given authority to manage the portfolio on a discretionary basis.

4

The John Avins Trust

Trustees’ annual report

For the year ended 29 July 2021

The charity does not employ staff and hence has no key management personnel. The day-to-day affairs of the charity are administered by the secretary and clerk to the trustees and the cost of this service is detailed on the Statement of Financial Activities.

All trustees give their time voluntarily and receive no benefits from the charity. No expenses are reclaimed from the charity.

Appointment of trustees, trustee induction and training

The Trustees have power to appoint new Trustees. Prospective Trustees are invited to meet fellow Trustees and, if appointed, are provided with information relating to the aims of the charity and are made aware of the responsibilities that Trusteeship involves. The Trustees take such action as they consider necessary to keep themselves informed of changes to charity law and governance.

Related parties and relationships with other organisations

The Trustees have disclosed their interests held in the charities with which the Trust cooperates in the pursuit of its charitable objectives in Note 7 of the accounts.

Statement of responsibilities of the trustees

Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the period and of its financial position at the end of the period. In preparing financial statements giving a true and fair view, the trustees should follow best practice and:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

5

The John Avins Trust

Trustees’ annual report

For the year ended 29 July 2021

The trustees’ annual report has been approved by the trustees on 1 November 2021 and signed on their behalf by

Professor D Cox Chairman

6

Independent examiner’s report

To the members of

The John Avins Trust

I report to the trustees on my examination of the accounts of John Avins Trust for the year ended 29 July 2021.

This report is made solely to the trustees as a body, in accordance with the Charities Act 2011. My examination has been undertaken so that I might state to the trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the trustees as a body, for my examination, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

Name: Fleur Holden FCA

Address: Sayer Vincent LLP, Invicta House, 108-114 Golden Lane, London, EC1Y 0TL Date: 19 November 2021

7

The John Avins Trust

Statement of financial activities

For the year ended 29 July 2021

Income
funds
Note
£
Income from investments:
44,997
4
45,001
3
9,000
3
40,500
2,274
82
-
401
3,180
55,437
8
-
(10,436)
Reconciliation of funds:
48,564
38,128
Investment income
Bank interest
Total income
Expenditure on:
Investment management charges
Total expenditure
Net (expenditure) before net gains/(losses) on
investments
Charitable activities
Grants
Clerk's fees
Accountancy and independent examination
Support costs
Governance costs
Clerk's fees
Net gains/(losses) on investments
Bank interest
Scholarships
(10,436)
Total funds brought forward
Total funds carried forward
Net movement in funds (being net
(expenditure)/income for the year)		 Income
funds
Note
£
Income from investments:
44,997
4
45,001
3
9,000
3
40,500
2,274
82
-
401
3,180
55,437
8
-
(10,436)
Reconciliation of funds:
48,564
38,128
Investment income
Bank interest
Total income
Expenditure on:
Investment management charges
Total expenditure
Net (expenditure) before net gains/(losses) on
investments
Charitable activities
Grants
Clerk's fees
Accountancy and independent examination
Support costs
Governance costs
Clerk's fees
Net gains/(losses) on investments
Bank interest
Scholarships
(10,436)
Total funds brought forward
Total funds carried forward
Net movement in funds (being net
(expenditure)/income for the year)		 Restricted
Capital
funds
£
-
-
2021
Total
£
44,997
4		 Income
funds
£
51,585
79		 Restricted
Capital
funds
£
-
-
2020
Total
£
51,585
79
45,001 - 45,001 51,664 - 51,664
9,000
40,500
2,274
82
-
401
3,180		 -
-
-
-
11,886
-
-		 9,000
40,500
2,274
82
11,886
401
3,180		 9,000
41,260
2,274
60
-
401
3,120		 -
-
-
-
11,077
-
-		 9,000
41,260
2,274
60
11,077
401
3,120
55,437 11,886 67,323 56,115 11,077 67,192
260,032
(11,886)		 260,032
(22,322)		 -
(4,451)		 (85,251)
(11,077)		 (85,251)
(15,528)
(10,436)
48,564		 248,146
1,582,203		 237,710
1,630,767		 (4,451)
53,015		 (96,328)
1,678,531		 (100,779)
1,731,546
38,128 1,830,349 1,868,477 48,564 1,582,203 1,630,767

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 12 to the financial statements.

8

The John Avins Trust

Balance sheet

As at 29 July 2021

Note
Fixed assets:
8
Current assets:
Current liabilities:
9
10
12
Total unrestricted funds
Total charity funds
Listed investments
Cash at bank
Funds held by investment manager
Unrestricted income funds:
General funds
The funds of the charity:
Total net assets
Restricted capital funds
Creditors: amounts falling due within one year
Net current assets		 £
2,903
47,043		 2021
£
1,831,157		 671
59,650		 2020
£
1,583,012
1,831,157
37,320		 1,583,012
47,755
49,946
(12,626)		 60,321
(12,566)
38,128 48,564
1,868,477 1,630,767
1,830,349
38,128		 1,582,203
48,564
1,868,477 1,630,767

Approved by the trustees on 1 November 2021 and signed on their behalf by

Professor D Cox Chairman

9

The John Avins Trust

Notes to the financial statements

For the year ended 29 July 2021

1 Accounting policies

a) Statutory information

The John Avins Trust is an unincorporated charity registered with the Charity Commission in England & Wales. The registered office address is The Estate Office, Wharf Cottage, Broombank, Tenbury Wells, WR15 8NY.

b) Basis of preparation

The accounts (financial statements) have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP FRS 102) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

The accounts (financial statements) have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

c) Public benefit entity

The charity meets the definition of a public benefit entity under FRS 102.

d) Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

e) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Investment income is earned through holding assets for investment purposes such as shares. It includes dividends and interest. Where it is not practicable to identify investment management costs incurred within a scheme with reasonably accuracy, the investment income is reported net of these costs. it is included when the amount can be measured reliably. Interest income is recognised using the effective interest method and dividend income is recognised as the charity's right to receive payment is established.

10

The John Avins Trust

Notes to the financial statements

For the year ended 29 July 2021

1 Accounting policies (continued)

f) Expenditure

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably.

The cost of charitable activities includes grants made and an apportionment of support costs.

Governance comprises all costs involving the public accountability of the Charity and its compliance with regulation and good practice. These costs include those related to statutory examination and an apportionment of support costs. The apportionment is based on the Trustees’ best estimate of time spent and is applied on a reasonable and consistent basis.

Expenditure includes VAT which cannot be recovered and which is reported as part of the expenditure to which it relates.

g) Scholarships and grants payable

Grants payable are made to third parties in furtherance of the charity's objects. Single or multi-year grants are accounted for when either the recipient has a reasonable expectation that they will receive a grant and the trustees have agreed to pay the grant without condition, or the recipient has a reasonable expectation that they will receive a grant and that any condition attaching to the grant is outside of the control of the charity.

Provision is made in the financial statements for the Science Scholarship and the Eliza Avins Music Scholarship should these not have been paid during the year. Other grants made by the Trustees are accounted for in the year in which they are paid.

h) Listed investments

Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. Any change in fair value will be recognised in the statement of financial activities. Investment gains and losses, whether realised or unrealised, are combined and shown in the heading “Net gains/(losses) on investments” in the statement of financial activities. The charity does not acquire put options, derivatives or other complex financial instruments.

The main form of financial risk faced by the charity is that of volatility in equity markets and investment markets due to wider economic conditions, the attitude of investors to investment risk, and changes in sentiment concerning equities and within particular sectors or sub sectors.

i) Debtors

Debtors are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

j) Cash at bank

Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

k) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

11

The John Avins Trust

Notes to the financial statements

For the year ended 29 July 2021

1 Accounting policies (continued)

l) Financial instruments

The charity only has both basic and non-basic financial assets and financial liabilities. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. Non-basic financial instruments are measured at fair value with any gain or loss going to the statement of financial activities. Full details are given in the financial instruments note.

m) Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Permanent endowed funds represent donations made to the charity that are held as permanent endowments at the request of the donor. The interest and investment income generated is then spent on the purpose for which the gift was made. The trustees will seek to maintain the capital and, through prudent investment management, increase it. The capital and capital growth are both protected and cannot be spent on the purpose for which the gift was made.

Expendable endowed funds represent donations made to the charity that are held as endowments, either at the request of the donor or the decision of the trustees. The interest and investment income generated is then spent on the purpose for which the gift was made. The trustees will, in general, seek to maintain the capital and, through prudent investment management, increase it. However, the capital and any capital growth will be reviewed annually by the trustees and, at their discretion, some of the capital and / or capital growth can be spent on the purpose for which the gift was made.

2 Charitable status

The Trust is a registered charity, number 217301, and is exempt from income, corporation and capital gains tax provided its income and gains are applied for charitable purposes.

12

The John Avins Trust

Notes to the financial statements

For the year ended 29 July 2021

3 Scholarships and grant making

Scholarships and grant making
The University of Birmingham
Birmingham Conservatoire
Scholarships awarded:
Total scholarships payable during the year		 2021
£
4,500
4,500		 2020
£
4,500
4,500
9,000 9,000

In addition to the Science Scholarships payable to The University of Birmingham and the Eliza Avins Music Scholarship payable to The Birmingham Conservatoire, the following grants were made in accordance with the Trust’s objects:

the Trust’s objects:
2021 2020
Number Amount Number Amount
£ £
Organisations 35 40,500 37 41,260

Full details of material grants made to organisations during the year are shown in the Appendix.

This is stated after charging:

This is stated after charging:
2021 2020
£ £
Independent examination fees (excluding VAT) 2,650 2,600

The charity trustees were neither paid nor received any benefits from employment with the charity in the year (2020: £nil). No charity trustee received payment for professional or other services supplied to the charity (2020: £nil). No expenses were paid to, or on behalf of any trustee (2020: £nil).

The sum of £2,675 (2020: £2,675) was paid to Garrad Enterprises Ltd for the services of the Secretary / Clerk in accordance with the charging clause included in the original will.

6 Employees

There were no full time or part time employees during the year.

13

The John Avins Trust

Notes to the financial statements

For the year ended 29 July 2021

7 Related party transactions

During the year a grant of £2,000 (2020: £2,000) was awarded to Blue Coat School. One trustee, Fiona Collins, is an Honorary Governor of the school.

During the year a grant of £2,000 (2020: £2,000) was awarded to The Association of Chaplaincy in General Practice. One trustee, Fiona Collins, disclosed this as a related party.

During the year a grant of £2,000 (2020: £1,000) was awarded to the Foundation for Conductive Education (NICE). One trustee, Councillor Martin Straker-Welds, is a trustee of this charity.

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

8 Listed investments

Listed investments
Listed shares
Cash
Cash held by investment broker pending reinvestment
Fair value at the end of the year
Investments comprise:
Fair value at the start of the year
Additions at cost
Disposal proceeds
Net (loss)/gain on change in fair value		 2021
£
1,529,600
186,531
(185,573)
260,032		 2020
£
1,659,675
368,866
(413,690)
(85,251)
1,790,590
40,567		 1,529,600
53,412
1,831,157 1,583,012
2021
£
1,790,590
40,567		 2020
£
1,529,600
53,412
1,831,157 1,583,012

The fair value of listed investments is determined by reference to the quoted price for identical assets in an active market at the balance sheet date.

All investments are carried at their fair value. Investments in equities and fixed interest securities are all traded in quoted public markets, primarily the London Stock Exchange. Holdings in common investment funds, unit trusts and open-ended investment companies are at the middle market price. The basis of fair value for quoted investments is equivalent to the market value, using the bid price. Asset sales and purchases are recognised at the date of trade at cost (that is their transaction value).

14

The John Avins Trust

Notes to the financial statements

For the year ended 29 July 2021

9
Creditors: amounts falling due within one year
10
Cash at bank
Analysis of net assets between funds (current year)
Current liabilities
Net assets at 29 July 2021
Scholarships awarded and paid after date
Accruals: independent examination fees
Accruals: charity management fees
Listed investments
Funds held by investment manager		 General
unrestricted
£
-
3,712
47,043
(12,626)		 2021
£
9,000
3,180
446		 2020
£
9,000
3,120
446
12,626 12,566

Restricted
£
1,790,590
-
-
-		 Total funds
£
1,790,590
3,712
47,043
(12,626)
38,129 1,790,590 1,828,719
11
Cash at bank
Listed investments
Funds held by investment manager
Current liabilities
Net assets at 29 July 2020
Analysis of net assets between funds (prior year)		 General
unrestricted
£
-
1,480
59,650
(12,566)
Restricted
£
1,529,600
52,603
-
-		 Total funds
£
1,529,600
54,083
59,650
(12,566)
48,564 1,582,203 1,630,767

15

The John Avins Trust

Notes to the financial statements

For the year ended 29 July 2021

12a Movements in funds (current year)

Movements in funds (current year) ear)
At 30 July
2020
£
1,265,888
316,315
Total restricted funds
1,582,203
General funds
48,564
48,564
1,630,767
At 30 July
2019
£
1,214,545
463,986
Total restricted funds
1,678,531
General funds
53,015
53,015
1,731,546
Restricted capital funds:
Restricted capital funds:
Revaluation reserve
Total unrestricted funds
Total funds
Movements in funds (prior year)
Total unrestricted funds
Total funds
Endowed capital
Revaluation reserve
Endowed capital		 At 30 July
2020
£
1,265,888
316,315
Income
£
-
-		 Expenditure
£
(11,886)
-		 Gains /
(losses) on
revaluation
£
-
260,032

At 29 July
2021
£
1,254,002
576,347
1,582,203 - (11,886) 260,032 1,830,349
48,564 45,001 (55,437) - 38,128
48,564 45,001 (55,437) - 38,128
1,630,767 45,001 (67,323) 260,032 1,868,477

Income
£
-
-		 Expenditure
£
(11,077)
-		 Gains /
(losses) on
revaluation
£
62,420
(147,671)

At 29 July
2020
£
1,265,888
316,315
1,678,531 - (11,077) (85,251) 1,582,203
53,015 51,664 (56,115) - 48,564
53,015 51,664 (56,115) - 48,564
1,731,546 51,664 (67,192) (85,251) 1,630,767

12b Movements in funds (prior year)

16

The John Avins Trust

Notes to the financial statements

For the year ended 29 July 2021

Appendix - detail of grants made

The following material grants were made to organisations during the year:

The following material grants were made to organisations during the year:
Association of Chaplaincy in General Practice
Asthma Relief
Autistica
Birmingham Disability Resource Centre
Birmingham Community Healthcare NHS Foundation Trust
Birmingham Jewish Community Care
Birmingham Settlement
Brain Tumour Charity
British Liver Trust
CBSO
CleanUp UK
Combat Stress
Contact
Happy Days Children's Charity
Kenelm Youth Trust
Marie Curie
Mercia Accident Rescue Service (MARS)
Muscular Dystrophy Support Centre
Music of Life
Norman Laud Association
Restore - Churches Together
Risingbridge Riding for the Disabled
The Society for Mucopolysaccharide Diseases
Spinal Injuries Association
Sport 4 Life
Target Ovarian Cancer
Tastelife UK
West Midlands Central Accident Resuscitation Emergency (CARE) Team
Sub-total
Motor Neurone Disease Association
Neurofibromatosis Association
Children's Liver Disease Foundation
Juvenile Diabetes Research Foundation (JDRF)
Focus Birmingham
Freedom from Torture
Foundation for Conductive Education (NICE)
Interact Stroke Support
React
Birmingham Royal Ballet
Total
Grants under £1,000
Willow Foundation
Well Being of Women
Acacia Family Support
Acorns Children's Hospice
Birmingham St Mary's Hospice
Blue Coat School
Breast Cancer Haven
British Disabled Angling Association (BDAA)
Karis Neighbour Scheme
Listening Books
Lupus UK
Martineau Gardens
Cavell Nurses Trust
Dream Makers Charity
George Coller Memorial Fund
Huntingdon's Disease Association		 Number of
grants
1
1
1
1
1
1
-
-
1
1
-
1
1
-
-
-
-
-
1
1
1
-
1
1
1
-
1
1
1
-
-
1
1
1
1
1
1
-
-
-
-
-
-
1
1
-
1
1
1
1
1
-
1
1
2021
£
1,000
2,000
1,000
1,000
1,000
1,000
-
-
1,000
1,000
-
2,000
2,000
-
-
-
-
-
1,000
1,000
1,000
-
1,000
2,000
2,000
-
1,000
1,000
1,000
-
-
1,000
1,000
1,000
1,000
2,000
1,000
-
-
-
-
-
-
1,000
1,000
-
1,000
1,000
1,000
1,000
1,000
-
1,000
1,000		 Number of
grants
1
-
-
1
1
-
1
1
-
1
1
1
-
1
1
1
1
1
1
-
-
1
-
1
1
1
1
1
-
1
-
1
-
-
1
-
1
1
1
1
1
1
1
-
-
1
1
1
-
-
1
-
-
2020
£
1,000
-
-
1,000
1,000
-
1,000
1,000
-
1,000
2,000
2,000
-
1,000
1,660
2,000
1,000
1,000
1,000
-
-
1,000
-
2,000
1,000
1,000
1,000
1,000
-
1,000
-
1,000
-
-
1,000
-
1,000
1,000
1,000
1,000
2,000
1,000
1,000
-
-
1,000
1,000
1,000
-
-
1,000
-
-
34
1		 40,000
500		 34
3		 39,660
1,600
35 40,500 37 41,260

17