| Page | |
|---|---|
| Report ofthe Trustees | 1to4 |
| Report ofthe Independent Auditors |
5to6 |
| Statement ofFinancial Activities | |
| Balance Sheet | |
| Notes tothe Financial Statements | 9to12 |
| Detailed Statement ofFinancial Activities | 13 |
| Unrestricted | Endowment | Total Funds | Total Funds | Total Funds | ||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2020 | 2019 | |||||
| Notes | E | E | E | |||||
| INCOME AND ENDOWMENTS FROM | ||||||||
| Investment income |
37,265 | 37,265 | 52,902 | |||||
| EXPENDITURE ON | ||||||||
| Raising funds —investment Charitable activities |
management | fees | 3 | 65902 | 5,694 | 5,694 659(2 |
8,415 63053 |
|
| Total | 65.902 | 5.694 | 71.596 | 71.468 | ||||
| Invcstmcnt gains/(losses) |
17005 | 17005 | 227951 | |||||
| NET INCOME | (65,902) | 48,576 | (17,326) | 209,385 | ||||
| Transfers between funds | 65,824 | (65,824) | ||||||
| Net movement in funds |
10 | (78) | (17,248) | (17,326) | 209,385 | |||
| RECONCILIATION OFFUNDS | ||||||||
| Total funds brought forward | 8165 | 75 222 | 1759387 | ~1,5 | 0 | |||
| TOTAL FUNDS CARRIED | FORWARD |
| Unrestricted | Endowment | Total Funds | Total Funds | ||
|---|---|---|---|---|---|
| Funds | Funds | 2020 | 2019 | ||
| Notes | E | E | E | E | |
| FIXEDASSETS | |||||
| Investments | 8 | 2,121 | 1,733,974 | L736,095 | 1,753,343 |
| CURRENTASSETS | |||||
| Debtors | |||||
| Cash at bank | 23658 | ||||
| 23,658 | 23,658 | 22,911 | |||
| CREDITORS Amounts falling due within one year |
9 | ~17692 | ~17692 | ~168 | |
| NET CURRENT ASSETS | 5966 | ||||
| TOTAL ASSETSLESSCURRENT LIABILITIES | 8087 | 1733974 | ~742061 | 1759387 | |
| NET ASSETS | |||||
| FUNDS | |||||
| Unrestricted funds |
8,087 | 8,087 | 8,165 | ||
| Endowment fund |
1251222 | ||||
| TOTALFUNDS |
| 31.1220 | 31.12.19 f |
|||||||
|---|---|---|---|---|---|---|---|---|
| Dividends | 37,265 | 52902 | ||||||
| 3. | CHARITABLE | ACTIVITIES COSTS | ||||||
| Direct costs | Support costs | Totals | ||||||
| (Seenote 5) | ||||||||
| E | E | E | ||||||
| Choristers' | school fees | grant | 64,000 | L902 | 65,902 | |||
| 4. | NET MOVEMENT ON INVESTMENTS | |||||||
| 31.1220 | 31.12.19 | |||||||
| E | E | |||||||
| Gains/(losses) | on investments | 17,005 | 227,951 | |||||
| Investment | management | fees | (5,694) | (8,415) | ||||
| 11,311 | 219,536 | |||||||
| 5. | SUPPORT | COSTS | ||||||
| Governance | ||||||||
| costs | ||||||||
| E | ||||||||
| Auditors | remuneration | 1.812 | ||||||
| Bankcharges | 90 | |||||||
| 1,902 |
| 31.12.19 | 31.12.19 | 31.12.19 | ||
|---|---|---|---|---|
| Unrestricted | Endowment | Total | ||
| Funds | Funds | funds | ||
| E | E | |||
| Investment income |
52,902 | 52,907 | ||
| Total | 52,902 | 52,902 | ||
| Raising Funds | ||||
| Investment management |
fees | 8,415 | 8,415 | |
| Charitable activRies |
||||
| Total | 63,053 | 8,415 | 71,468 | |
| Investment gains/(losses) |
227,951 | 227,951 | ||
| NET INCOME | (63,053) | 272,438 | 209,385 | |
| Transfers between funds | 61,468 | (61,468) | ||
| Net movement on funds |
(1.585) | 210.970 | 209,385 | |
| Tote Ifunds brought forward | 9,750 | 1,540,252 | 1,550,002 | |
| Total funds carried forward | 8,165 | 1,751,222 | 1,759,387 |
| FIXEDASSETINVE5TMENTS | |||
|---|---|---|---|
| Cash and | |||
| Listed | settlements | ||
| investments | pending | Totals | |
| E | 6 | ||
| MARKET VALUE | |||
| At 1January 2020 Additions |
1,751,455 470,692 |
1,888 | 1,753,343 470,692 |
| Disposals | (505,356) | (505,356) | |
| Gains on investments | 17,005 | 17,005 | |
| Movement on cash | 411. | 411 | |
| At31December 2020 | 1,733,796 | 2,299 | 1,736,095 |
| 31.1220 f |
31.12.19 f |
||||||
|---|---|---|---|---|---|---|---|
| Other creditors | 17,692 | 16,867 | |||||
| MOVEMENT | IN FUNDS | ||||||
| Net | Transfers | ||||||
| At1.1.20 | movement | in | between | At31.12.20 | |||
| f | funds f |
funds f |
|||||
| Unrestricted | funds | ||||||
| General fund | 8,165 | (65,902) | 65,824 | 8,087 | |||
| Endowment | fund | 1,751,222 | 48,576 | (65,824) | 1,733,974 | ||
| TOTAL FUNDS | 1,759,387 | (17,326) | 1,742,061 | ||||
| Net movement | in funds, included | in the above are asfollows: | |||||
| Income and | Expenditure | Gains and | Movement in |
||||
| endowmentsf | losses | funds f |
|||||
| Unrestffcted | funds | ||||||
| General fund | (65,902) | (65,902) | |||||
| Endowment | fund | 37,265 | (5,694) | 17,005 | 48,576 | ||
| TOTALFUNDS | 37,265 | (71,596) | 17,005 | (17,326) |