OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

Pages
1 - Reference and Administrative Details 1-2
2 - Trustees'
Annual
Report		 3-7
3- Distributors'
Annual
Report		 8-25
4 - Statement
ofTrustees'
Responsibilities		 in
Respect ofthe Accounts 26
5 - Independent
Report of the Auditor		 27-29
6 - Statement
of Financial Activities		 30
7 - Balance Sheet 31
8- Statement
ofCash flows		 32
9- Notes to the Accounts 33-53

W TWhittle Co-optative Trustee Chairman
RJWeston Co-optative Trustee Vice Chairman
R P Kershaw Co-optative Trustee
A G Dewhurst Co-optative Trustee
R Fildes Co-optative Trustee
J M Shelmerdine Co-optative Trustee
P Qkell Co-optative Trustee
J C Willis, CBECPFA Nominative Trustee
Mrs 8 Griffin, MBE Nominative Trustee
P Loftus Co-optative Trustee
J Tully Co-optative Trustee

investment
g		 ains.
The i		 nvestment
por		 ffolio is weighted with medium appetite for r isk. isk.
Performance ofthe fund managers
to		 31"March 2021 measured
on		 Total Return is summarised below:
1 Year Benchmark Funds under Management as at 31"March 2021
to 31"March 2021 Elder's Grandson's Total Income
CPI +3% 3.7%
FTSEAfl-Share Index 26.7%
Rathbones 26.8% 20.6% f.13.1m f13.1m f308k
Smith &Williamson 30.7% 19 7'/ f9.4m f4.1m f13.5m f240k
Total Funds f22.5m f4.1m f26.6m f548k

THE BOOTH CHARITIES DISTRIBUTORS, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2021 The Charlty sets pay and remuneralion of key management personnel (the Chlof Ex6culive and Accountanll by benchmarklng against the charllab16 sector. Th6 flv& Oblecls of Distribution ara set out in Stalulory Instrument 1985 No. 1935.. Tha Charlllas (Booth Charitlasl Order 1985 and are geared to benafiting the Inh8bll8nts of Salford - the Charllies, area of benefit. In reporting and accounllng records maintained throughout the year and mad9 avallable for audit scrutiny, grant distribution approvals wer& Ilnk8d to the Obl8cI{sl und8r whlch they were approved. Acting in compll8nc8 wlth the Ch8rilles Act 2011 and th8 Gov6rnlng Order, th& Charltl8s ensured that thelr operational focus throughout the year was geared to public benefit. Via the triennial review of the Distribution strategy 202012023 th6 Distributors look the opw)rtunily to maintain the level of distribution to meet Incr8aslng need in Ihe City. CORONAVIRUS {Covld.19) Duo lo th8 unprecedented circumslancos relallng to Covld-19 an Imm6diale grant of £40,140 was made avallable to Salford City Counal (Education, Works and Skllls Dlrectorat6) to fund tho purchas8 of 202 éigital devices lo facilitate on-Iln616amlng for Salford school children. In thanking the Charity the following messages were recelved.. 'Thank you for your very generous donation of digital devices lo support our students.11 means so much and is greatly appreciated in these tough times." .1 want to say a big thank you to Booth Charitlas for your g&nerou8 donation of laptop8 for schools In Salford. Many disadvantaged families have benefitted from the grant enabling many students to access e18ctronic remote learning which was previously out of their reach." Ovèrvlew Impact Me8summ8nt Is an Integral part of th8 grant monliorlng procedures rigorously adopted by th8 Distributors. 11 is reflocled throughout the documontatw)n designed lo capture information regarded as essential to Distributors, declslon maklng and Is a facet of their good stewardship, su81ainability and scruliny of grant applicallons. Th8 distinction between inlenlion and outcome in order to measure impact Is recognlsed, and Is addressed a'.- grant monllorlng vlslts- evaluation reports., pholographlc ev￿enCe., and

The City of Salford is divided The City of Salford is divided into twenty electoral Wards as into twenty electoral Wards as into twenty electoral Wards as outlined outlined outlined below which takes account below which takes account of the review of the review
ofthe Local Government Boundary Commission for England in 2018/19 ofthe Salford Ward Boundaries. The
table below shows the Wards and the number
ofgrants approved		 per Ward.
Salford Wards Number ofResponsive and Number ofAccredited Grants
Small Grants approved
Ward		 per approved
psr Ward for the
three year period 1' April,
2020,to 31"March
2023
Barton and Winton
Boothstown
and Ellenbrook
Blackfriars and Trinit
Brou
hton
Cadishead
and Lower Irlam
Claremont
Eccles
Hi her irlam and Peel Green
Kersal & Brou
hton		 Park
Little Hulton
Ordsall
Pendlebur
and Clifton
Pendleton
and Charlestown
Qua s
Swinton
Park
Swinton and Wardle
Walkden
North
Walkden
South
Weaste and Seedle
Worsle
and Westwood		 Park
*Other 14 10
Total 28 20

Quantitative
and Qualitative
Impact Measurement
The Booth Centre —Accredited
Grant (Object 2)
Year 1 Evaluation —1"April, 2020to 31"March, 2021
Background
The Booth Centre was awarded
accredited
grant funding
for		 the three year period 2020 to 2023.
The funding
was approved
towards
continuation
ofthe general		 running costs and drop
in advice
hub.
The Booth Centre has been
in receipt ofaccredited
grant		 funding since the inception of
accreditation
by the Distributors
in 2007.
Aim ofthe Project
The Booth Centre is a community
centre run with, and for, people affected by homelessness.		 The
Centre provides a warm welcome,
an opportunity
to belong,		 to gain a purpose
and		 rebuild
lives.
Outcomes —between
April 2020 and INarch 2021
Throughout
the coronavirus
pandemic
the Centre continued		 to operate throughout the lockdown
periods and remained
open throughout
the crisis.
1,180people accessed the Centre during
the year
371 people took part
in the Activities
Programme
improving
people's		 skills, confidence, self-esteem
and well-being.
700 individuals
received remote support,
including
the virtual		 Job Club, Activity Packs and regular
telephone
calls and check-in texts.
427 people were supported
to move into emergency
or temporary
accommodation.
66 people were supported
to access permanent,
secure homes.
38people were supported
to return
home or reconnect
with friends and family.
55 people were supported
to access health services
including		 GPs, drug, alcohol and mental
health support.
22 people undertook
work placements
at the Centre or with businesses		 in the City.
111people gained 144 nationally
recognised
qualifications.
64 people were helped to get back into employment
with 38 sustaining		 their new job roles
for three months
or more.
30people from the Centre took part in strategic work,
Influencing
policies to bring about positive
change for people affected by homelessness,
forever.

pivotal
in streamlining
remote home working
for them
during
the various
lockdown		 periods periods
ensuring
the valuable
work ofthe Charity continued.
GDPR
Following
the introduction
ofthe GDPR legislation
on the 25
May, 2018, work continues		 to
maintain
full compliance
across the Charity's
activities.
Training
Throughout
the reporting
period, the Charity's
personnel
have attended
relevant		 "virtual" webinars
and have actively sought guidance
in relation to the Covid-19 pandemic
from the		 Gov.UK, Public
Health
England
and Charity Commission
websitss.
Sacred Trinity Church:
Humphrey
Booth Commemoration
Service		 I
In response to the evolving
Covid-19 pandemic
The Humphrey
Booth Commemoration
scheduled
to be held on Sunday, 19'"July, 2020, at Sacred Trinity Church, Salford, was		 Service
cancelled.
Humphrey
Booth the Elder funded
the building
ofthe Church
in 1635and
it is maintained		 from
Humphrey
Booth the Grandson's
Charity established
for the purpose.
Subject to Government
guidance
for Church Services
in 2021, a provisional
date		 for the
Humphrey
Booth Commemoration
Service has been arranged
for the Service to take place
on Sunday, 18'"July, 2021, at Manchester
Cathedral
to enable social distancing
to be
observed.
IPO~48%8TA'fE
E,T~W~l::,":-. „tTSLTJ58==-'=.
==,=".'.-':~=-'===.-;==-"::W:.m~~„-"-:=='~~~,'="=.=-.-~~M
1. Objects of Distribution
As set out in Statutory
Order 1985—No. 1935,vtz.:-
1.
The relief ofthe aged, impotent
or poor inhabitants
including
the payment		 of
pensions to and the provision
and maintenance
ofalmshouses
for poor inhabitants
with a preference
for such poor inhabitants
who are over sixty years ofage;
2.
The relief ofdistress and sickness among the inhabitants;
3.
The provision
and support
(with the object of improving
the conditions
of		 life for the
Inhabitants
in the interests ofsocial welfare) offacilities for recreation
and other
leisure-time
occupation;
4.
The provision
and support ofeducational
facilities for the inhabitants;
and
5.
Any other charitable
purposes
(whether or not ofa nature
similar to any ofthose
hereinbefore
specified) for the benefit of the inhabitants.
(Note: The "inhabitants"
In the five object clauses are the Inhabitants
ofthe City		 of
Salford).
Decision making
In considering
Grant Applications
and awards,
the Distributors
have regard to the		 following:-
~
all Grants must fall within one or mors ofths Charity's
Statutory Objects of Distribution;
~
benefictaries
must be Salford inhabitants;
~
whether
the application
has merit;
~
whether
there are sufficient funds;
~
an assessment
ofthe Grant benefit
in terms ofthe "greatest good for the greatest
number";

eneficiaries
per Ward.		 eneficiaries
per Ward.
Salford Wards Number ofChristmas Grants Total Number of Beneficiaries
er Ward er Ward
Barton and Winton 146
Boothstown
and Ellenbrook		 40
Blackfriars and Trinit
Brou
hton		 105
Cadishead
and		 Lower Irlam
Claremont
Eccles 16
Hi her lrlam and Peel Green 23
Kersal & Brou hton Park
Little Hulton 464
Ordsall
Pendlebu
and		 Clifton 71
Pendleton
and		 Charlestown 318
Qua s
Swinton
Park		 139
Swinton
and Wardle
Walkden
North
Walkden
South
Weaste and Seedle 200
Worsle
and Westwood		 Park 24
*Other 1,582
Total 23 3133

GRANT DIS TRI BUTION —ACTIVIT Y DATA
TYPE OF GRANT NUMBER OF NUMBER OF NUMBER OF NUIIIIBEROF
GRANTS GRANTS GRANTS NOT GRANTS
CONSIDERED APPROVED APPROVED DEFERRED OR
WITHDRAWN
ACCREDITED GRANTS 20 - approved
for the period 1"April, 2020,to 31' March, 2023as shown
the Financial Statements
for the financial year ended 31' March, 2020		 in
RESPONSIVE GRANTS 16 14
GRANTS &f3,000 19 14
TOTAL 55 48

TYPE OF GRANT OBJECT 1 OBJECT2 OBJECT3 OBJECT4 OBJECT 5
ACCREDITED GRANTS
RESPONSIVE GRANTS
GRANTS &E3,000
TOTAL 26 13 13

Designated Funds Permanent 2021 2020
Unrestricted Discretionary Extraordinary Endowment Funds Funds
Notes Funds Capital Repairs Funds Total Total
fOOO f000 FOOO f000 f000 f000
Income from:
Invsstmsnts 1,283 118 71 1,472 1,580
Other 47 47 52
Tote I Income 3 1,330 118 71 1,519 1,632
Expenditure
on:
Raising funds 4 329 15 164 35 543 725
Charitable
activities		 5,6 &7 468 2 470 1,273
Total Expenditure 797 15 166 35 1,013 1,998
Net gains on Investments 54 1,647 942 2,925 5,568 (2,478)
Net Income/(expenditure) 587 1,750 847 2,890 6,074 (2,844)
Transfers
between		 funds 8 118 (118)
NET MOVEMENT OF FUNDS 705 1&632 847 2,890 6,074 (2,844)
Fund balances
brought forward		 761 5,554 3,237 32,745 42,297 45,141
Fund balances carried forward 1,466 7,186 4,084 35,635 48,371 42,297

As at 31stMarch As at 31st March
2021 2020
6000 FOOO
Notes
Fixed assets
Invsstmsnt
properties		 13 20,445 20,217
Invsstmsnts 14 26,244 20,688
Fund manager
deposits		 371 741
Total fixed assets 47,060 41,646
Current assets
Debtors 15 391 383
Short term investments 513 250
Money market and bank deposits 100 100
Cash at bank and cash equivalents 1,445 1,136
Total current assets 2,449 1,869
Liabilities:
Creditors
falling dus within one year		 16 (816) (658)
Net current assets 1,633 1,211
Total assets less current liabilities 48,693 42,857
Creditors:
amounts
falling due after one year		 16 (322) (560)
Total net assets 48,371 42,297
Funds ofthe Charities
Restricted
Permanent
Endowment		 18 35,635 32,745
Unrestricted
Designated
Extraordinary		 Repair 19 4,084 3,237
Designated
Discretionary		 Capital 20 7,186 5,554
General 21 1,466 761
Total unrestricted
funds		 12,736 9,552
Total funds ofths charities 17 48,371 42,297

Total Funds Total Funds
2021 2020
F000 6000
Net cash used in operating
activities:		 (1,054) (1,800)
Cash flows from investing
activities:
Dividends,
Interest		 and rents from investments 1,472 1,580
Proceeds from the sale ofinvestment
assets		 154 288
Purchase of investment
property assets
Net cash provided by InvestIng
activities		 1,626 1,868
Change
In cash and cash equivalents		 in the year 572 68
Cash and cash equivalents
brought
forward		 1,486 1,418
Cash and cash equivalents
at the end of		 the year 2,058 1,486
Analysis ofcash and cash equivalents:
Cash at bank and cash equivalents 1,445 1,136
Money market,
bank deposits and short term investments		 613 350
Total cash and cash equivalents 2,058 1,486
Reconciliation
of		 net income to net cash flow from operating activities
Net (expenditure)/Income
for the reporting		 period (as per SOFA): 6,074 (2,844)
Ad)usted
for:
Losses/(gains)
on		 investments
assets		 (5,568) 2,478
DMdends,
interest		 and rents from investments (1,472) (1,580)
(Increase)/decrease in debtors (8) (62)
Increase/(decrease) In creditors (80) 208
Net cash used in operating
activities		 (1,054) (1,800)

2021
Elder's Grandson's Distributors Total
6000 6000 6000 6000
Income from
Investments 1,391 81 1,472
Other 35 12 47
Total Income 1,426 81 1,519
Expenditure
on:
Raising funds 34 2 543
Charitable
activities
Transfers
between		 Charities 800 23
52		 447
~552		 470
Total Expenditure 1,307 109 (403) 1,013
Net gains on Investment assets 4,720 794 54 5,568
Net income 4,839 766 469 6,074
Transfers
between		 funds
Net movement
of		 funds 4,839 766 469 6,074
Fund balances
brought		 forward 38,827 3,417 53 42,297
Fund balances carried forward 43,666 4,183 522 48,371

Analysis of Income by fund
Funds Funds
Designated Designated
Funds Discretionary Extraordinary 2021 2020
Unrestricted Capital Repairs Total Total
f000 6000 6000 6000 6000
Rents 924 924 911
Dividends - Equities 319 109 52 480 578
Fixed Interest income 40 9 19 68 89
Bank Interest 12 12 16
VAT recovered 35 35 38
Total Income 1,330 118 71 1,519 1,632

Analysis of Income by Charity
2021 2020
Elder's Grandson's Distributors Total Total
6000 f000 6000 f000 6000
Rents 924 924 911
Dividends - Equities 403 77 480 578
Fixed Interest Income 64 4 68 89
Bank Interest 12 12 16
VAT and Income Tax recovered 35 35 38
Total Income 1,426 81 12 1,519 1,632

Unrestricted Designated Designated Permanent 2021 2020
funds discretionary extraordinary endowment Funds Funds
capital funds repair funds funds Total Total
FOOO FOOO f000 f000 f000 F000
Investment management fees 52 15 17 35 119 120
Property management fees 58 58 63
Insurance ofassets (net) 17 17 13
Property repairs
& provisions		 33 147 180 323
Legal &professional fees 47 47 69
Trustees' Governance costs 122 122 137
Total costs for raising funds 329 15 164 35 543 725
Elder's Grandson's Distributors 2021 2020
Total Total
f000 f000 FOOO FOOO FOOO
Investment
management
fees		 99 18 119 120
Property management
fees		 58 58 63
Insurance
ofassets (net)		 17 17 13
Property repairs
& provisions		 180 180 323
Legal & professional
fees		 44 3 47 69
Trustees'
Governance
costs		 109 13 122 137
Total costs for raising funds 507 34 2 543 725

5. Analysis of charitable activi ties
Grants to Grants to Support 2021 2020
institutions Individuals costs Total Total
6000 f000 f000 f000 f000
Distributors
Relief of aged, impotent or poor 27 13 41 144
Relief ofdistress and sickness 131 59 190 692
Provision
and support offacilities
recreation
and other leisure time		 for
occupation		 49 22 71 183
Provision
and support		 ofeducational facilities 83 38 121 190
Other charitable
purposes		 14 6 20 39
Grandsons
Sacred Trinity Church
and repairs		 stipend, insurance 23 10 33 27
Direct charitable
activities		 327 148 476 1,275
Grants under-dalmed, refunded or amended (6) (6) (2)
Total charitable
activities		 321 1 148 470 1,273
6. Analysis ofsupport and governance costs
2021 2020
Total Total
6000 f000
Staff costs 114 118
Office costs 29 30
Sundry expenses 5 6
Total distributors'
support costs		 148 154
Trustee fees 15 15
Trustee meetings 1 3
Audit and accountancy 39 35
Legal and professional fees 65 83
Insurances 2 1
Total trustees'
governance		 costs 122 137

Charitable Grants expenditure Grants expenditure Grants expenditure
1. Distributors'
analysis of		 grants by number and value per category ofob/ect
Number Number
ofgrants 2021
f		 ofgrants 2020f
Object 1: Relief ofaged, impotent or poor
Individuals 22 1,143 8 992
Institutions 25 26,710 28 126,037
47 27,853 36 127,029
Object 2: Relief ofdistress and sickness
Institutions 17 131,268 18 608,068
Object 3: Recreation and leisure
Institutions 5 48,915 11 160,507
Object 4: Educational facilities
Institutions 2 82,997 1 167,352
Object 5: Other
institutions 2 13,978 8 34,096
Total grants
by distributors		 73 305,011 74 1,097,052
Charitable grants by Humphrey Booth the Grandson
Sacred Trinity Church 1 23,271 1 23,620
Gross 9rants expended 74 328,282 75 1,120,672

7. Charitable
Grants expenditure
2.
Detailed analysis ofgrants
**single projects grant funded
over		 2objects 2021
E
Grants to Individuals
Object 1 - Relief ofaged, impotent
or		 poor
Benefits - payments
to 2 Individuals,		 the maximum benefit to them being f106 162
TV licences - these comprise of payments made to 20 individuals, the
maximum
being 8157.50, 3 licenses		 for the Estate Community
Centres and a		 981
Motion Picture Licence.
Total grants to individuals 1,143
Grants to institutions
Object 1 - Relief ofaged, impotent or poor
Christmas
grants (23 individual
institutions
Booth Housing
Chanb')		 and 42 residents
of Humphrey		 21,180
Salford Ceremonial
Mayor's Charity		 Appeal 2020/2021 5,000
Age UK Salford, Humphrey
Booth Day Centre		 530
Total to institutions 26,710
Object 2 - Relief ofdistress
and		 sickness
Salford Royal NHS Foundation
Trust		 33,000 33,000
Ths Multiple Sclerosis Therapy Centre (NW) 15,000
Maggie's Manchester 15,000
StJames' Parish Church and Community Food Project 10,000
StJames' Parish Church and Community Food Project 3,000 13,000
The Tatton, Ordsall 10,478
Ronald McDonald
House Charities
(UK)		 9,750
Ronald McDonald
House Charities
(UK)		 1,872 11,622
The Manchester
YMCA		 9,920
The Lowry Centre Trust 7,500
Chatsworth
Multi Academy Trust		 3,000
Salvation
Army,
Swinton
North		 3,000
Salford Baby Bank 2,973
St Ann's Hospice,
Little Hulton		 2,817
The Federation
ofJewish Services (The FED)		 1,500
Live Music Now 1,458
This is it, Salford 1,000
131,268

7. Charitable
Grants expenditure
**single projects grant funded
over 2 obJects		 Charitable
Grants expenditure
**single projects grant funded
over 2 obJects		 Charitable
Grants expenditure
**single projects grant funded
over 2 obJects		 Charitable
Grants expenditure
**single projects grant funded
over 2 obJects
2021
F
Object 3- Recreation
and		 Leisure
Royal Horticultural
Society -		 RHS Garden Brklgswater 15,900
Lledr Hall Outdoor Education Centre 15,000
Access Sport CIO 8,515
Salford Ceremonial
Mayor's		 Charity Appeal 2020/2021 5,000
The Federation
ofJewish Services		 (The FED) 1,500
Kings Square Library 1,500
100th Salford Scout Group 1,500
Total to institutions 48,915
Object 4 - Educational
facilities
Salford City Council (Education
Directorate)		 40,140
Royal Horticultural
Society-		 RHS Garden Bridgewater 15,900
Challenge 4 Change 10,000
The Lowry Centre Trust 7,500
Salford Ceremonial
Mayor's		 Charity Appeal 2020/2021 5,000
Kings Square Library 66 1,500
100th Salford Scout Group 1,500
Live Music Now 1,457
Total to Institutions 82,997
Object 5 - Other
The Tatton, Ordsall 10,478
Veterans Garage Limited 3,000
Seedlsy and Langworthy
in Bloom		 500
Total to Institutions 13,978
Total grants to institutions 383868
Total grants to individuals 1,143
Total grants by Distributors 305,011
Charitable
grant by Humphrey		 Booth the Grandson
503%ofcost ofstipend ofSacred Trinity Church 18,491
Sacred Trinity Church repairs 1,500
Insurance
ofSacred Trinity		 Church 3,280
Total grants by Humphrey Booth the Grandson 23,271
Total grants by Distributors
& Humphrey		 Booth the Grandson 328,282

7. Charitable
Grants		 expenditure 2021f
3. Grants under-claimed,
refunded		 or amended regarding previous years
This relates to grants previously
provided		 for but which have been under-
clalmed,
refunded		 or amended
Total Grants under-claimed,
refunded		 or amended 6,072
4.Grants to Connected
Charitable		 Organisations
Distributors
declarin		 an interest 2021f
LLedr Hall Outdoor Education
Centre		 Coundllor Joan Welsh 615000
Lowry Centre Trust Mr J C Willis, CBE 615000
Royal Horticultural Society Councillor D A Lancaster, MBE g31 800
Salford Ceremonial Mayor's Charity Appeal 2020/21 Councillor D A Lancaster, MBE 615000
The Tatton, Ordsall Mr P M McNamara F20956

Linrestrlcted Designated Designated Permanent 2021 2020
Funds Discretionary Extraordinary Endowment Total Total
6000 Capital Funds
f000		 Repair Funds
FOOO		 Funds
FOOO		 Funds
6000		 Funds
6000
Investment properties 20,445 20,445 20,217
Investments 6,917 4,060 15,267 26,244 20,688
Fund manager
deposits		 229 49 93 371 741
Total fixed assets 7,146 4,109 35,805 47,060 41,646
Debtors 334 9 48 391 383
Intra fund accounts 183 39 (21) (201)
Cash 2,058 2,058 1,486
Current assets 2,575 48 (21) (153) 2,449 1,869
Current
liabilities		 (787) (8) (4) (17) (816) (658)
LiabUIUes & 1 year (322) (322) (560)
Total net assets 1,466 7,186 4,084 35,635 48,371 42,297
2021 2020
Elder's
6000		 Grandson's
f000		 Distributors
f000		 Adjustments
6000		 Total
f000		 Total
f000
Investment properties 20,443 2 20,445 20,217
Investments 22,305 3,939 26,244 20,688
Fund manager
deposits		 217 154 371 741
Total fixed assets 42,965 4,095 47,060 41,646
Debtors 370 5 20 (4) 391 383
Cash 696 110 1,252 2,058 1,486
Current assets 1,066 115 1,272 (4) 2,449 1,869
Current
liabilities		 (365) (27) (428) 4 (816) (658)
LlabUities & 1 year (322) (322) (560)
Total net assets 43 666 4s183 522 48 371 42 297

13. Investment properties Permanent Endowment Fund
Elder's Grandson's Total
f000 f000 f000
Balance at 1 April 2020 20,215 2 20217
Revaluation of property
Acquisition of property 228 228
Disposal of property
Balance as at 31 March 2021 20,443 2 20,445

Unrestricted- Unrestricted- Permanent 2021 Unrestricted- Permanent 2020
Deslgnsted Endowment Totsl Designated Endowment Total
Funds Funds Funds Funds Funds Funds
8000 6000 f000 6000 8000 6000
Market value at 1 April 2020 8,458 12,230 20,688 9,351 13,549 22,900
Additions 1,143 2,722 3,865 1,350 1,427 2,777
Dlspossls at market value (1,033) (2,352) (3,385) (1,187) (1,336) (2,523)
Net unrealised
investment		 gains 2,409 2,667 5,076 (1,056) (1,410) (2,466)
Market value at 31 March 2021 10,977 15,267 26,244 8,458 12,230 20,688
The Investments comprise:
UK equities 2,519 6,189 8,708 2,088 4,536 6,624
Non U.K.equities 1,436 1,506 2,942 1,223 581 1,804
U.K.Government securities 685 685 761 761
Other fixed Interest 1,148 1,221 2,369 923 1,031 1,954
USA Government securities 86 86 88 88
Trackerfunds 35 35 163 35 198
Open Ended Investment
Companies		 5,788 5,631 11,419 3,973 5,286 9,259
Total market value of Investments 10,977 15,267 26,244 8,458 12,230 20,688
Market value of investments greater than 3% oftotal investments
Unrestrlcted- Permanent 2021 Unrestrlcted- Permanent 2020
Deslgnated Endowment Total Designated Endowment Total
Funds Funds Funds Funds Funds Funds
8000 f000 8000 f000 f000 6000
JP Morgan 342 811 1,153 286 645 931
Schroders 484 496 980 211 345 556
Baillie Gifford 574 228 802 399 161 560

Unrestricted Designated Designated Permanent 2021 2020
Funds Discretionary Extraordinary Endowment Total Total
Capital Funds Repair Funds Funds Funds Funds
f000 FOOO 6000 f000 6000 f000
Rent debtors * 256 256 203
Amount
owed tc/from
funds		 Group 183 39 (21) (201)
Accrued income 19 31 142 i )
Other debtors 59 45 104 38
Total debtors 517 48 (21) (153) 391 383

Current asse ts - debtors by ch arity
2021 2020
Elder's Grandson's Distributors Total Total
6000 FOOO 6000 FOOO 6000
Rent debtors * 256 256 203
Accrued income 26 31 142
Other debtors 84 20 104 38
Total debtors 366 20 391 383

Liabilities
by fund
Unrestricted Designated Designated Permanent 2021 2020
Funds Discretionary Extraordinary Endowment Total Total
Capital Funds Repair Funds Funds Funds Funds
f000 f000 f000 f000 f000 f000
Less than 1 year
Prepaid
rental Income		 * 276 276 284
Accruals 92 17 121 112
Grants committed 419 419 262
787 8 4 17 816 658
More than 1 year
Grants committed 322 322 560
Total liabilities 1,109 17 1,138 1,218
Liabilitie s
by charity
Elder's Grandson's Distributors Distributors 2021 2020
«1 year « 1 year « 1 year & 1 year Total Total
f000 f000 f000 f000 f000 f000
Prepaid rental income * 276 276 284
Accru ale 89 23 121 112
Amounts
charities		 owed to group (4)
Grants committed 419 322 741 822
361 27 428 322 1,138 1,218

Summary
 offunds
Transfer
Balance between Net Balance at
at 1 April Unrestricted Invsstmsnt 31 March
2020 Income Expenditure Funds Gains 2021
6000 f000 6000 6000 6000 f000
Elder's charity 38,827 1,426 (507) (800) 4,720 43,666
Grandson's charity 3,417 81 (57) (52) 794 4,183
Distributors 53 12 (449) 852 54 522
42,297 1,519 (1,013) 5,568 48,371

Booth Char ities
Order 1		 985.
Transfer
Balance between Net Balance at
at 1 April Unrestricted Investment 31 March
2020 Income Expenditure
Funds		 Gains 2021
6000 6000 6000
FOOO		 6000 6000
Elder's permanent
endowment		 30,836 (30) 2,532 33,338
Grandson's
endowment		 permanent 1,909 (5) 393 2,297
32,745 (35) 2,925 35,635

Sacred Trinit y, Salford and the fitting, furniture
an		 d ornaments
th		 erein.
Transfer
Balance between Net Balance at
at 1 April Unrestricted Investment 31 March
2020 Income Expenditure Funds Gains 2021
8000 8000 6000 6000 6000 6000
Elder's extraordinary
repair fund		 3,151 68 (164) 914 3,969
Grandson's
extraordinary repair 3 (2) 28 115
fund
3,237 71 (166) 942 4,084

may at any t ime apply the capital ofth ese funds f or the purposes ofthe Charitie s.
Transfer
Balance between Net Balance at
at 1 April Unrestricted Investment 31 March
2020 Income Expenditure Funds Gains 2021
FOOO 6000 f000 6000 6000 6000
Elder's discretionary
capital fund		 4,186 91 (12) (91) 1,274 5,448
Grandson's
discretionary capital 1,368 27 (3) (27) 373 1,738
fund
5,554 118 (15) (118) 1,647 7,186

Elder's and Grandson's
 Charities
fo		 r grant making activities.
Transfer Transfer
Balance from between Net Balance at
at 1 April Designated Unrestricted Investment 31 March
2020 Income Expenditure Funds Funds Gains 2021
8000 f000 6000 f000 8000 6000 6000
Elder's
charity		 654 1,267 (301) 91 (800) 911
Grandson's
charity		 54 (47) 27 (52) 33
Distributors 53 12 (449) 852 54 522
761 1,330 (797) 118 54 1,466

Designated Designated Permanent 2020
Unrestricted Discretionary Extraordinary Endowment Funds
Funds Capital Funds Repair Funds Funds Total
f000 fOOO f000 f000 fOOO
Income from:
Investments 1,321 165 94 1,580
Other
Total Income		 52
1,373		 165 94 52
1,632,
Expenditure
on:
Raising funds 555 15 121 34 725
Charitable
activities		 1,271 2 1,273
Total expenditure 1,826 15 123 34 1,998
Net gains on Investment assets (13) (716) (391) (1,358) (2,478)
Net Income/(expenditure) (466) (566) (420) (1,392) (2,844)
Transfers
between		 funds 165 (165)
Net movement of funds (301) (731) (420) (1,392) (2,844)
Fund balances brought forward 1,062 6,285 3,657 34,137 45,141
Fund balances carried forward 761 5,554 3,237 32,745 42,297