2020-12-31-accounts

Huddersfield War Memorlal Trust Fund Trustees, report and accounts 31 December 2020

Trustees and	advisers
Report of the	trustees
Statement of	trustees'	responsibilities	in respect of the accounts
Receipts and	payments	account
Statement of	assets and liabilities
Nates to the	accounts
Independent	Examiner	's Report		10

Income and Expenditure	Account
Statement offinancial activities
for the year ended 3I December	202D

or the year en		ded 3I D	ecember 202D
				Note	2020 E	2019 E
Income Income from investments					27,021 41	33,048 66
gank interest
					27,062	33,114
Grants Grants paid					(30,750)	(29,750)
Net (defkit)/income before revaluations and disposals of Investments					(3,688)	3,364
Investments -		unrealised	revaluations		(105,683)	97,772
Net movement		In funds			(109,371)	101,136
Funds brought		forward			722,602	621,466
Funds carried		forward			613,231	722,602
Of which: investment Other	revaluation				527,233 85,998	632,916 89,686
					613,231	722,602

		Note		2020		2019	E
Fixed assets Investments				576,895			682,578
Cash and bank deposits				36,336			40,024
HSBC
				613,231			722,602
Funds Investments	revaluation			527,233			632,916
reserve
Other reserves: - Opening balance - arising In year			89,686 (3,688)	85,998	86,320 3,366		89,686
				613,231			722,602

2 Investments
			Units
M Er GThe Equities Investment Total at 31 December 2020		Fund for Charities	37,875				33,390
			Cost	Market	Value	2020	2019
				31.12.20	31.12.19	Income	Income
			E	E	E	E	E
Wider Range
M ft G The Equities 37,875 Income units	Investment Fund for Charities (see note) 1,372.57p (2019:		33,390	519,863	628,9&9	25,376	31,436
1,660.69p)
Charities Ofhclal Investment 2,940.68 income shares 232.05 income shares		Fund	15,082 1,190	52,861 4, 171	49,670 3,919	1,525 120	1,494 118
			49,662	576,895	682,578	27,021	33,048
Movement In Year	- (Decrease) rlncrease			(E105,683)	197,772

Total market value at 31 Dece	mber be	n 1 the twel	ve years to 3	ece		er
						E
E 31 December 2009 429,916 31 December 2010 460,976 31 December 2011 437,169 31 December 2012 480,052 31 December 2013 573,191 31 December 2014 574,565			31 December 2015 31 December 2016 31 December Z017 31 December Z018 31 December 2019 31 December 2020			573,438 615,025 658,854 584,806 682,578 576,895
Distributions per unit have been as foaows 1n the last ten years:- Quarterly distributions 2020								Quarterly distributions 2019 E
							E
67.OOp ZOZO
83.OOp 2019
79.00p 2018
74.75p 2017
71.00p 2016
69.00p 2015
66.50p 2014
63.58p 2013
61,71p 2012
57.70p 2011
		Quarter	1 2 3 4	14.00 19.00 17.00 17.00		5,302.52 7,196.28 6,438.77 ~d438.77		13.50 5 113.14 19.50 7,385.65 19.50 7,385.65 ~30 50 ~1551 92
				67.00		25,376.34		83.00 31,436.36
3 Grants								2020			2019
								E			E
Huddersfield and District Army Royal British Legion Soldiers' Sailors' and Airmen's Kirkwood Hospice Brltlsh Red Cross Macmillan Cancer Support Huddersfield Samaritans West Yorkshire Forget Me Not Holly Bank Trust West Yorkshire Veteran Coin		Veterans' Association Families Association Trust Searchers						11,000 11,000 1,250 1,500 1,000 1,000 1,000 2,000 1,000			10,000 10,500 1,250 1,500 1,000 1,000 1,000 2,000 1,000 500
								30,750			29,750