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|Trust Information||
|---|---|
|Trustees'<br>Annual<br>Report||
|Independent<br>Examiners'|Report|
|Statement of Financial Activities||
|Balance Sheet||
|Notes to the Accounts||



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|STATEMENT OF FINANCIAL|ACTIVITI|ES FOR THE|YEAR ENDED 3|1STDECEMB|ER 2020|
|---|---|---|---|---|---|
|||Income|Endowment|Total|Total|
||Notes|Fund|Fund|Funds|Funds|
|||||2020|2019|
|INCOME||||||
|Income||||||
|Donations<br>and legacies||||||
|Sir John Priestman<br>Charity Trust<br>Trustees ofthe late JSFrazer||2350<br>1000||2350<br>1000|2350<br>1000|
|Trustees of Melville Weir deceased||5000||5000|5000|
|Donations||2446||2446|1940|
|Investment<br>income||||||
|Dividends||79022||79022|82198|
|Bank interest||30||30|33|
|TOTAL INCOME||89848||89848|92521|
|EXPENDITURE||||||
|Investment<br>management<br>fees||4866||4866|5059|
|Charitable<br>activities||||||
|Education<br>and clothing grants||32466||32466|80293|
|Support costs||7523||7523|7523|
|Governance<br>costs||810||810|810|
|Other resources expended|2.|1872||1872|1872|
|||42671||42671|90498|
|TOTAL EXPENDITURE||47537||47537|95557|
|NET (EXPENDITURE) BEFORE||||||
|GAINS/LOSSES<br>ON INVESTMENTS||42311||42311|(3036)|
|Gains/(losses)<br>on investments||(7385)|(69543)|(76928)|226817|
|NET INCOME/(EXPENDITURE)||||||
|AND MOVEMENT<br>IN FUNDS||34926|(69543)|(34617)|223781|
|TOTAL FUNDS AT1STJANUARY2020||122402|1682108|1804510|1580729|
|TOTAL FUNDS AT31STDECEMBER 2020||157328|1612565|1769893|1804510|








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|Investments||||||
|---|---|---|---|---|---|
|||||2020|2019|
|Market value|at 1st January|2020||1861388|1674571|
|(Reduction)|in investments||||(40000)|
|Net investment<br>gains/(losses)|||(unrealised)|(42323)|150256|
|Net investment<br>gains/ (losses)|||(realised)|(34605)|76561|
|Market value|at 31stDecember 2020|||1784460|1861388|
|Cost at 31st|December 2020|||1708912|1703035|
|Unrestricted|funds|||||
|||||2020|2019|
|General fund||||146872|111946|
|Adamson<br>Memorial<br>Fund||||5866|5866|
|Adamson<br>Memorial<br>Chapel||Fund||4590|4590|
|||||157328|122402|





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|Reconciliation<br>of|funds for th|e<br>ear ended 31st Dece|mber 2020|||
|---|---|---|---|---|---|
||||Unrestricted|Permanent|Total|
||||funds|endowment||
|At 1st January 2020|||122402|1682108|1804510|
|Net movements|ofresources|in year|34926|(69543)|(34617)|
|Balance carried forward at 31stDecember 2020|||157328|1612565|1769893|
|Represented<br>by:||||||
|Investments|||171895|1612565|1784460|
|Net current assets|||36734||36734|
|Deferred grants|payable||(51301)||(51301)|
||||157328|1612565|1769893|