| Trustees and professional | Trustees and professional | advisors | |||
|---|---|---|---|---|---|
| Report ofthe Trustees | and | Statement | ofTrustee's | Responsibilities | 2-4 |
| Report ofthe Independent | Examiner | ||||
| Statement of Financial | Activities | ||||
| Balance Sheet | |||||
| Notes and Accounting | Policies | 8-12 |
| Notes | Year Ended | Year Ended | ||||
|---|---|---|---|---|---|---|
| 31 | March 2021 | 31 | March 2020 | |||
| f | f | E | ||||
| Incoming resources | 1.3 | |||||
| Incoming resources from generated | funds: | |||||
| Voluntary income: Donations |
575 | 410 | ||||
| Legacies | 500 | |||||
| 1,075 | 410 | |||||
| Investment income |
27,046 | 47,880 | ||||
| Total incoming resources | 28,121 | 48,290 | ||||
| Resources expended | 1.4 | |||||
| Costs ofgenerating funds |
||||||
| Investment management |
costs | 5,014 | 5,174 | |||
| Charitable activities |
||||||
| Grants | 1.7 | 52,000 | 44,900 | |||
| Other resources expended | ||||||
| Governance costs |
2,690 | 3,675 | ||||
| Total resources expended | 59,704 | 53,749 | ||||
| Net (outgoing) resources | (31,583) | (5,459) | ||||
| Net (loss) / gains on investments | 197,685 | (157,771) | ||||
| Net movement in funds |
166,102 | (163,230) | ||||
| Reconciliation offunds | ||||||
| Fund balance brought forward |
1,254,356 | 1,417,586 | ||||
| Fund balance carried forward | 1,420,458 | 1,254,356 |
| Investment | inco | me | |||
|---|---|---|---|---|---|
| Year ended | Year ended | ||||
| 31/03/2021 | 31/03/2020 | ||||
| f | f | ||||
| Listed investment | income | 27,046 | 47,880 | ||
| Investment | Management | Costs | |||
| Portfolio Management | 5,014 | 5,174 |
| 2021 | 2020 | ||
|---|---|---|---|
| f | f | ||
| Administration | 1,010 | 960 | |
| Meetings | 1,035 | ||
| Accountancy | 1,680 | 1,680 | |
| 2,690 | 3,675 | ||
| Analysis of | Grants | ||
| Retirement | Grants | 52,000 | 43,000 |
| Sickness Grants | 1,900 | ||
| 52,000 | 44,900 |
| 7. | Fixed Asset Investments | 2021 | 2020 | ||
|---|---|---|---|---|---|
| Market Value as at 1April | 2020 | 1,200,044 | 1,362,989 | ||
| Additions to investments | at cost | 398,825 | 20,310 | ||
| Disposals at carrying value | (447,656) | (25,484) | |||
| Net gain / (loss) on revaluation | 197,685 | (157,771) | |||
| 1,345,898 | 1,200,044 | ||||
| Investments at market value |
comprised: | ||||
| Equities | 1,243,784 | 647,770 | |||
| Fixed Interest Securities | 88,734 | 536,872 | |||
| Cash held within Investment |
Portfolio | 16,380 | 15,402 | ||
| 1,348,898 | 1,200,044 | ||||
| 8. | Creditors: Amounts falling due within one year |
||||
| Other Creditors | ~1680 | 1680 | |||
| Movement in Funds |
|||||
| Unrestricted Funds |
|||||
| Balance at 1"April 2020 | 1,254,356 | ||||
| Movement in funds in the year |
166,102 | ||||
| Balance at 31"March 2021 | 1,420,458 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| Resources | Expended | Losses | in Funds | |||
| f | f | f | f | |||
| Unrestricted | Funds | |||||
| General | Fund | 28,121 | (59,704) | 197,685 | 166,102 | |
| Total Funds | 28,121 | (59,704) | 197,685 | 166,102 |