| Unrestricted | Endowment | Total Funds | Total Funds | |||||
|---|---|---|---|---|---|---|---|---|
| Notes | Fund | Fund | 2021 | 2020 | ||||
| F | ||||||||
| Income and endowments | ||||||||
| Investment Income: |
||||||||
| Dividends - UK 8 Overseas |
Equities | 8,337 | 22,126 | 30,463 | 25,902 | |||
| Interest —UK 8 Overseas | Fixed Interest | 2,949 | 8,055 | 11,004 | 13,131 | |||
| Interest on cash deposits | 10 | 10 | 45 | |||||
| Donations | ||||||||
| Total income | 11,296 | 30,181 | 41,477 | 39,078 | ||||
| Expenditure | ||||||||
| Cost ofraising funds: | ||||||||
| Investment management |
costs | 2,043 | 5,496 | 7,539 | 7,452 | |||
| Expenditure on charitable |
activities: | |||||||
| Conference | ~310 | |||||||
| Grants to institutions | 121,500 | 121,500 | 103300 | |||||
| Support costs | ?,786 | 7,786 | 15,572 | 12,'856 | ||||
| Total expenditure | 131,329 | 13,282 | 144,611 | 123,918 | ||||
| Net (expenditure)/income | ||||||||
| before investment gains/(losses) |
(120,033) | 16,899 | (103,134 | (84,840) | ||||
| Net (losses)lgains on investments |
44,928 | 125,454 | 170,382 | (35,830) | ||||
| Net Income/(expenditure) | (75,105) | 142,353 | 67,248 | (120,670) | ||||
| Transfers between funds |
92,113 | (92,113) | ||||||
| Net movement in funds |
17,008 | 50,240 | 67,248 | (120,670) | ||||
| Reconciliation offunds |
||||||||
| Total funds brought forward |
493,910 | 1,325,552 | 1,819,462 | 1,940,132 | ||||
| Total funds carried forward | F510,918 | E1,375,792 | F1,886,710 | E1,819,462 |
| Notes | 2021 | 2020 | |
|---|---|---|---|
| FIXEDASSETS | |||
| Investments | 1,880,582 | 1,813,730 | |
| CURRENT ASSETS | |||
| Debtors | 718 | ||
| Cash at bank —current account Cash at bank —deposit account |
7,510 | 1,000 6,666 |
|
| LIABILmES | 8,228 | 7,666 | |
| Creditors: amounts falling due within one year |
2,100 | 1,934 | |
| NET CURRENT ASSETS | 6,128 | 5,732 | |
| TOTAL ASSETSLESSCURRENT LIABILWES | 1,886,710 | 1,819,462 | |
| Provisions for liabilities and charges | |||
| NETASSETS | 10 | R1,886,710 | R1,819,462 |
| The funds ofthe CharIty | |||
| Endowmentfunds —Permanent Unrestricted income funds |
1,375,792 510,918 |
1,325,552 493,910 |
|
| TOTAL CHARITY FUNDS | f1,886,710 | F1,819,462 |
| The types ofinv | estments held at 31 D |
ecember 2021 and 2020 | and their market values | were: |
|---|---|---|---|---|
| 2021 | 2020 | |||
| Shares in public |
limited companies | 901,648 | 848,894 | |
| Unit Trusts | 454,745 | 417,882 | ||
| Fixed Interest | 501,023 | 528,360 | ||
| 1,857,416 | 1,795,136 | |||
| Cash held by Quilter Cheviot | 23,166 | 18,594 | ||
| f1,880,582 | E1,813,730 | |||
| Historical cost | F1,279,071 | F1,3,360 | ||
| The investments | are held in the UK. | |||
| The movement | in market value during | the year was: | ||
| Market value at | 1 January 2021 | 1,813,730 | 1,917,012 | |
| Disposals at cost | (120,332) | (167,371) | ||
| Acquisitions at cost |
60,472 | 105,590 | ||
| Change in value |
in the year | 122,140 | (35,185) | |
| Increase/(Decrease) in cash awaiting |
investment | 4,572 | (6,316) | |
| Market value at | 31 December 2021 | E1,880,582 | E1,813,730 |
| DEBTORS | ||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Prepay ments | 718 | |||
| Outstanding | dividends | and other debtors | ||
| F718 | ANIL |
| Amounts | falling due within one year | ||
|---|---|---|---|
| 2021 | 2020 | ||
| Accruals | 240 | ||
| Auditors' | Remuneration | 1,860 | 1,800 |
| E2,100 | K1,800 |
| The investment fund |
and application | and application | and application | and application | and application | oftotal | return to | return to | 2021 | 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| permanent endowment |
funds: | |||||||||
| Unapplied total return |
1,125,552 | 1,210,727 | ||||||||
| Add: Investment return: |
Dividends | and interest | 30,181 | 28,373 | ||||||
| Realised | and | unrealised | gains/(losses) | 125,454 | (26,710) | |||||
| 1,281,187 | 1,212,390 | |||||||||
| Less: Investment management |
costs | (5,496) | (5,465) | |||||||
| Support costs | (7,786) | (6,428) | ||||||||
| Unapplied total return |
before transfer | to income | 1,267,905 | 1,200,497 | ||||||
| Less: Unapplied total |
return applied |
(92,113) | (74,945) | |||||||
| Subtotal: Unapplied |
total return | as | at | 31 December 2021 | 1,175,792 | 1,125,552 | ||||
| Original value of gift | 200,000 | 200,000 | ||||||||
| Permanent endowment |
including | unapplied | total | return as at | F1,375,792 | f1,325,552 | ||||
| 31 December 2021 |
| Charitable | ||||||
|---|---|---|---|---|---|---|
| Commitments | ||||||
| Accrued | ||||||
| 2021 | 2020 | |||||
| F | ||||||
| Material provisions and movement |
in provisions | during the year | ||||
| Commitments outstanding |
at 1 January 2021 | |||||
| New commitments | charged | to the SOFA in the year | 121,500 | 103,300 | ||
| Grants paid in the | year | (121,500) | (103,300) | |||
| Amount ofthe commitments | at 31 December 2021 | FNIL | FNIL |
| Unrestricted | Endowme | ||
|---|---|---|---|
| Fund | Fund | Total | |
| F | |||
| Investments Current assets Creditors |
504,790 8,228 (2,100) |
1,375,792 | 1,880,582 8,228 (2,100) |
| F510,918 | F1,375,792 | F1,886,710 |
| Unrestricted | Endowment | ||
|---|---|---|---|
| Fund | Fund | Total | |
| F | |||
| Investments Current assets Creditors |
488,178 7,666 (1,934) |
1,325,552 | 1,813,730 7,666 (1,934) |
| 8493,910 | F1,325,552 | F1,819,462 |