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| ## ## ## ## ## ## ##