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|||Page||
|---|---|---|---|
|Introduction
from the Chair||||
|Report ofthe Trustees|2|to|4|
|Report ofthe Independent
Auditors|5|to|6|
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Notes to the Financial Statements|9|to|18|
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|||FO|RTHE YEAR|ENDED 5AP|RIL 2021|||
|---|---|---|---|---|---|---|---|
|||||||5.4.21|5.4.20|
||||Unrestricted|Restricted|Endowment|Total|Total|
||||funds|fund|fund|funds|funds|
|||Notes||||||
|INCOME AND||||||||
|ENDOWMENTS FROM||||||||
|Investment
income|||251,487|||251,487|295,803|
|EXPENDITURE ON||||||||
|Raising funds|||||61,282|61,282|56,579|
|Charitable
activities||||||||
|Direct charitable
grants|||323,331|||323,331|353,088|
|Other|||27,702|||27,702|32,283|
|Total|||351,033||61,282|412,315|441,950|
|Net gains/(losses)
on||||||||
|investments|||||3,381,454|3,381,454|(1,303,791)|
|NET||||||||
|INCOME/(EXPENDITURE)|||(99,546)||3,320,172|3,220,626|(1,449,938)|
|Transfers
between funds||12|43,553||(43,553)|||
|Net movement
in funds|||(55,993)||3,276,619|3,220,626|(1,449,938)|
|RECONCILIATION|OF|||||||
|FUNDS||||||||
|Total funds brought forward|||73,632||10,266,312|10,339,944|11,789,882|
|TOTAL FUNDS CARRIED||||||||
|FORWARD|||17,639||13,542,931|13,560,570|10,339,944|
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||||5A|PRIL 2021||||
|---|---|---|---|---|---|---|---|
|||||||5.4.21|5.4.20|
||||Unrestricted|Restricted|Endowment|Total|Total|
||||funds|fund|fund|funds|funds|
|||Notes||||||
|FIXEDASSETS||||||||
|Investments|||||13,542,931|13,542,931|10,319,449|
|CURRENT|ASSETS|||||||
|Debtors||10|1,634|||1,634|5,470|
|Cash at bank|||27,669|||27,669|60,564|
||||29,303|||29,303|66,034|
|CREDITORS||||||||
|Amounts
falling due within one||||||||
|year||11|(11,664)|||(11,664)|(45,539)|
|NET CURRENT ASSETS|||17,639|||17,639|20,495|
|TOTAL ASSETSLESS||||||||
|CURRENT|LIABILITIES||17,639||13,542,931|13,560,570|10,339,944|
|NET ASSETS|||17,639||13,542,931|13,560,570|10,339,944|
|FUNDS||12||||||
|Unrestricted|funds|||||17,639|73,632|
|Endowment|funds|||||13,542,931|10,266,312|
|TOTAL FUNDS||||||13,560,570|10,339,944|
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|INVESTMENT INCOME|||
|---|---|---|
||5.4.21|5.4.20|
|UK stock exchange - Dividends|214,897|254,467|
|UK stock exchange - Fixed interest|36,590|38,994|
|Bank interest||2,342|
||251,487|295,803|
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|||5.4.21|5.4.20|
|---|---|---|---|
|Quaker Work &Witness||||
|Britain Yearly Meeting||50,000||
|Quaker Tapestry||10,000||
|Rookhow||5,000||
|Woodbrooke
Quaker Study Centre|||25,000|
|Glenthorne
Quaker Centre (forKindlers)|||5,000|
|1(I)Other grants up to $3,000each||2,000|1,000|
|||67,000|31,000|
|||5.4.21|5.4.20|
|Peace and Reconciliation||||
|Nuclear Education Trust (CND Peace|Education)|3,150||
|British American
Security Information|Council (BASIC)|3,000||
|British Shalom Salaam Trust||3,000||
|International
Refugee Trust||3,000||
|Peace Brigades International||3,000|3,000|
|British Friends ofQCEA|||3,000|
|Yachad|||3,000|
|3(5)Other grants up to K3,000each||5,250|8,895|
|||20,400|17„895|
|||5.4.21|5.4.20|
|Environmental
Action and Sustainability||||
|Friends ofthe Earth Scotland||5,000||
|Meanwood
Valley Urban Farm||5,000||
|Bumba Foundation||3,000||
|Friends ofMonze||3,000||
|Lake District Foundation||3,000||
|Life Cycle UK||3,000||
|Natural
History Consortium||3,000||
|Sunnyside
Rural Trust|||5,000|
|Feed the Minds|||3,000|
|Hope for the Future|||3,000|
|Little Ouse Headwaters
Project|||3,000|
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|Tuppenny
Barn Education||||3,000|
|---|---|---|---|---|
|UKHarvest LTD||||3,000|
|West Cumbria Rivers Trust||||3,000|
|2(5)Other grants up to X3,000each|||4,000|9,402|
||||29,000|32,402|
||||5.4.21|5.4.20|
|Social Action|||||
|Amantani
UK|||5,000||
|Carers Worldwide|||5,000||
|City ofSanctuary|||5,000||
|Create Recovery Ltd|||5,000||
|Dentaid|||5,000||
|ECPAT UK|||5,000||
|Frontier Youth Trust|||5,000||
|Happy Baby Community|||5,000||
|Hope for Kids|||5,000||
|Khulisa|||5,000||
|Norwich-Dedza
Partnership|||5,000||
|Quaker Service|||5,000||
|Quaker Social Action|||5,000||
|Redress Trust|||5,000||
|Scholarship 4 Street Kids|||5,000|4,854|
|START (Students and Refugees||Together)|5,000||
|Traveller Space|||5,000||
|StAugustine's
Centre Halifax|||4,917|3,000|
|Malawi Music Fund|||4,000||
|Medic to Medic|||3,910||
|Survivors Fund (SURF)|||3,684||
|Grand Union Studios|||3,380||
|Children
in Need India|||3„000|3,000|
|Faithworks
Wessex|||3,000||
|Five Talents UK|||3,000||
|Forward A&icaEducation|Trust||3,000||
|Give aBook|||3,000||
|Hello World|||3,000||
|Karen Hilltribes
Trust|||3,000||
|Kisumu Children|||3,000||
|Made in Hackney|||3,000||
|Nottinghamshire
Refugee Forum|||3,000|3,000|
|No Way Trust|||3,000||
|Peace Child International|||3,000||
|Pragya UK|||3,000||
|Raising Futures Kenya|||3,000||
|Routes to Roots (Poole)|||3,000||
|Salt ofthe Earth|||3,000|3,000|
|School Club Zambia|||3,000||
|Team Kenya|||3,000||
|Tools for SelfReliance|||3,000|3,000|
|Traidcraft Exchange|||3,000|3,000|
|Turning Point Trust|||3,000||
|Water Harvest|||3,000|3,000|
|Second Sight||||10,000|
|Together We Grow)
Calderdale
Commy Foundation (||||5,000|
|Edinburgh
Direct Aid||||5,000|
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|Feast Youth Project||||||5,000|
|---|---|---|---|---|---|---|
|Outside Edge Theatre|Co|||||5,000|
|Pecan||||||5,000|
|ReWork Ltd Bristol||||||5,000|
|West Yorkshire Community||Chaplaincy||Project||5,000|
|Create (Arts) Ltd||||||4,709|
|Peasholme
Centre York||||||4,500|
|Hope at Home||||||4,300|
|Livingstone
Tanzania|Trust|||||3,400|
|AdAmi Project||||||3,000|
|Advocacy Academy||||||3,000|
|African Outreach||||||3,000|
|Alternatives
Watford||||||3,000|
|Amigos Worldwide||||||3,000|
|BASED-UK||||||3,000|
|Baynards Zambia Trust||||||3,000|
|Changing
Tunes||||||3,000|
|CHASE A&ica||||||3,000|
|Child ofHope||||||3,000|
|Children ofRwanda||||||3,000|
|Cowcliffe Preschool||||||3,000|
|DEKILtd||||||3,000|
|Downs Syndrome
International||||||3,000|
|DZIFoundation||||||3,000|
|Forgiveness Project||||||3,000|
|Fresh Start (Scotland)||||||3,000|
|International
Association for||Human Values||||3,000|
|Keys Project||||||3,000|
|Kids Aid Tanzania||||||3,000|
|Kids Club Kampala||||||3,000|
|Learning Partnerships||||||3,000|
|Lorna Young Foundation||||||3,000|
|Makhad Trust||||||3,000|
|Medair UK||||||3,000|
|Nepal Youth Foundation||||||3,000|
|Oarsome Chance||||||3,000|
|On Call Africa||||||3,000|
|Orkid studio||||||3,000|
|Practical Tools Initiative||||||3,000|
|Purple Field Productions||||||3,000|
|Recovery Two||||||3,000|
|Redress Trust||||||3,000|
|Restore (Birmingham|Churches Together)|||||3,000|
|Saltbox||||||3,000|
|Sedgely and District Community|||Association|||3,000|
|STAR (Student Action|for Refugees)|||||3,000|
|Surrey Drug and Alcohol Care||||||3,000|
|Wycombe Youth Action||||||3,000|
|Young Ealing Foundation||||||3,000|
|Zambia Orphans Aid||||||3,000|
|IS(29)Other grants up to$3,000 each|||||36,040|61,02S|
||||||206,931|271,791|
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||||||5.4.21|5.4.20|
|---|---|---|---|---|---|---|
|Fees payable to the charity's|||auditors for the audit ofthe charity's|financial|||
|statements|||||3,550|3,740|
|Auditors'|remuneration|for|non audit work||1,910|2,020|
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|Trustees'|expenses|||
|---|---|---|---|
|||5.4.21|5.4.20|
|Trustees'|expenses|62|1,926|
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|STAFFCOSTS|||||||
|---|---|---|---|---|---|---|
||||||5.4.21|5.4.20|
|Wages and salaries|||||20,173|11,062|
|Other pension costs|||||1,008|541|
||||||21,181|11,603|
|The average monthly|number ofemployees||during the year was as follows:||||
||||||5.4.21|5.4.20|
|Administration|||||1|1|
|No employees
received emoluments||in excess of$60,000.|||||
|COMPARATIVES|FORTHE STATEMENT OFFINANCIAL ACTIVITIES||||||
||||Unrestricted|Restricted|Endowment|Total|
||||funds|fund|fund|funds|
|INCOME AND ENDOWMENTS||FROM|||||
|Investment
income|||295,803|||295,803|
|EXPENDITURE ON|||||||
|Raising funds|||||56,579|56,579|
|Charitable
activities|||||||
|Direct charitable
grants|||353,088|||353,088|
|Other|||32,283|||32,283|
|Total|||385,371||56,579|441,950|
|Net gains/(losses)
on|investments||||(1,303,791)|(1,303,791)|
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||FORTHE YEA|FORTHE YEA|FORTHE YEA|R ENDED 5APRIL 2021|R ENDED 5APRIL 2021|R ENDED 5APRIL 2021||
|---|---|---|---|---|---|---|---|
||COMPARATIVES FORTHE STATEMENT|||OF FINANCIAL ACTIVITIES - continued||||
|||||Unrestricted|Restricted|Endowment|Total|
|||||funds|fund|fund|funds|
||NET INCOME/(EXPENDITURE)|||(89,568)||(1,360,370)|(1,449,938)|
||RECONCILIATION|OF FUNDS||||||
||Total funds brought|forward||163,200||11,626,682|11,789,882|
||TOTAL FUNDS CARRIED FORWARD|||73,632||10,266,312|10,339,944|
|9.|FIXEDASSETINVESTMENTS|||||||
||||||||Listed|
||||||||investments|
||MARKET VALUE|||||||
||At 6April 2020||||||10,319,449|
||Additions||||||1,358,110|
||Disposals||||||(1,287,880 )|
||Revaluations
including|cash movement|||||3,153,252|
||At 5 April 2021||||||13,542,931|
||NET BOOKVALUE|||||||
||At 5 April 2021||||||13,542,931|
||At 5 April 2020||||||10,319,449|
||There were no investment||assets outside the UK.|||||
||The following
investments||have amarket value greater than 5%ofthe total portfolio|||oflisted investments.||
|||||||5.4.21|5.4.20|
||Brown Advisory Funds|||||1,081,722|742,558|
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|DEBTORS|:AMOUNTS FALL|ING DUE WITHIN ONE Y|EAR|||
|---|---|---|---|---|---|
|||||5.4.21|5.4.20|
|Prepayments|and accrued income|||1,634|5,470|
|CREDITORS: AMOUNTS FALLING DUK WITHIN ONE|||YEAR|||
|||||5.4.21|5.4.20|
|Social security and other taxes||||440|224|
|Pensions
payable||||125|281|
|Accrued expenses||||11,099|45,034|
|||||11,664|45,539|
|MOVEMENT IN FUNDS||||||
||||Net|Transfers||
||||movement|between|At|
|||At 6.4.20|in funds|funds|5.4.21|
|Unrestricted|funds|||||
|Income fund||73,632|(99,546)|43,553|17,639|
|Endowment|funds|||||
|Endowment|fund|10,266,312|3,320,172|(43,553)|13,542,931|
|TOTAL FUNDS||10,339,944|3,220,626||13,560,570|
|Net movement
in funds, included||in the above are as follows:||||
|||Incoming|Resources|Gains and|Movement|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|Income fund||251,487|(351,033)||(99,546)|
|Endowment|funds|||||
|Endowment|fund||(61,282)|3,381,454|3,320,172|
|TOTAL FUNDS||251,487|(412,315)|3,381,454|3,220,626|
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||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 6.4.19|in funds|5.4.20|
|Unrestricted|funds||||
|Income fund||163,200|(89,568)|73,632|
|Endowment|funds||||
|Endowment|fund|11,626,682|(1,360,370)|10,266,312|
|TOTAL FUNDS||11,789,882|(1,449,938)|10,339,944|
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|Unrestricted|funds||||||
|Income fund|||295,803|(385,371)||(89,568)|
|Endowment|funds||||||
|Endowment|fund|||(56,579)|(1,303,791)|(1,360,370)|
|TOTAL FUNDS|||295,803|(441,950)|(1,303,791)|(1,449,938)|
|A current year 12months||and prior year 12months|combined position is as follows:||||
|||||Net|Transfers||
|||||movement|between|At|
||||At 6.4.19|in funds|funds|5.4.21|
|Unrestricted|funds||||||
|Income fund|||163,200|(189,114)|43,553|17,639|
|Endowment|funds||||||
|Endowment|fund||11,626,682|1,959,802|(43,553)|13,542,931|
|TOTAL FUNDS|||11,789,882|1,770,688||13,560,570|
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|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|Income fund||547,290|(736,404)||(189,114)|
|Endowment|funds|||||
|Endowment|fund||(117,861)|2,077,663|1,959,802|
|TOTAL FUNDS||547,290|(854,265)|2,077,663|1,770,688|
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