## |Trustees|Trustees|||Mrs S Badland| |---|---|---|---|---| |||||Mr R Binks| |||||Mr BBroughton| |||||Mr C Gough| |||||Mrs C Corbett| |||||Mr D Porter| |||||Mrs
I Simpson| |||||Mr P Steele| |Chair||||Mr D Porter| |Vice Chair||||Mr C Gough| |Honorary||Treasurer||Mr R Binks| |Secretary||||Mrs J Bohan| |Charity|Number|||222819| |Principal|office|||Silverwell
House| |||||Silverwell Street| |||||Bolton| |||||BL1 1PT| |Independent|||examiner|Simon Worswick BAFCA| |||||R P Smith 8 Co Limited| |||||Hamill House| |||||112-116Chorley New Road| |||||Bolton| |||||BL1 4DH| |Bankers||||yorkshire
Bank pic| |||||17-21 Oxford Street| |||||Bolton| |||||BL1 1RD| |Solicitors||||Fieldings Porter| |||||Silverwell
House| |||||Silverwell
Street| |||||Bolton| |||||BL1 1PT| |Investment|||advisors|W H Ireland
Ltd| |||||11StJames's Square| |||||Manchester| |||||M2 6WH| ||||Page| |---|---|---|---| |Trustees'
report|||1 —3| |Independent
examiner's||report|| |Statement
of financial|activities||| |Balance sheet|||| |Notes to the accounts|||7-15| ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Endowment|Total|Total| |---|---|---|---|---|---|---| |||Notes|Funds|Fundsf|2020
8|2019f| |Income and endowments|from:|||||| |Income from investments|||31,018||31,018|37,672| |Charitable
activities|||750||750|250| |Donations|||14||14|| |Total income|||31,782||31,782|37,922| |Expenditure
on:||||||| |Investmsnt
management|costs||3,335|4,267|7,602|4,751| |Charitable
activities|||35,470||35,470|49,394| |Total expenditure|||38,805|4,267|43,072|54,145| |Net income Iexpenditure|||(7,023)|(4,267)|(11,290)|(16,223)| |Gains / (Losses) on investment||||||| |assets||||||| |On revaluation|||(26,823)|(17,180)|(44,003)|82,218| |On disposal|||12,754|(54,617)|(41,863)|2,843| |Net movement
in funds|||(21,092)|(76,064)|(97,156)|68,838| |Fund balances at 27 October 2019|||488,701|651,597|1,140,298|1,071,460| |Fund balances at 26 October 2020|||467,609|575,533|1,043,142|1,140,298| |||2020||2019|| |---|---|---|---|---|---| ||Notes||||| |Fixed Assets|||||| |Tangible
Fixed Assets|10|780||780|| |Investments||1,009,524||1,109,422|| ||||1,010,304||1,110,202| |Current Assets|||||| |Debtors|12|753||392|| |Cash at Bank and in Hand|13|55,727||56,832|| |||56,480||57,224|| |Current
Liabilities|||||| |Creditors|14|(23,642)||(27,128 3|| |Net Current Assets|||32,838||30,096| |Total Net Assets|||1,043,142||1,140,298| |The Funds ofthe Charity|||||| |Endowment
Funds|15||575,533||651,597| |Unrestricted
Funds|||467,609||488,701| |Total Charity Funds|||1,043,142||1,140,298| ## ## ## ## ## ## |2 Investment
|income||||||| |---|---|---|---|---|---|---|---| |||||Unrestricted
Fund|Endowment
Fund|Total 2020|Total 2019| |Rental income||||528||528|278| |Income from listed investments||||24,088||24,088|33,096| |Interest receivable||||6,402||6,402|4,298| |||||31,018||31,018|37,672| |3Income from|charitable||activities unrestricted|funds|||| |||||||2020|2019| |Unclaimed
grants (note||9)||||750|250| |4 Donations|||||||| |||||Unrestricted
Fund|Fund|Total 2020|Total 2019| |Paypal
Giving|Fund|||14||14|| |5 Costs of generating||funds|||||| |||||Unrestricted
Fund|Fund|Total 2020|Total 2019| |Investment
management|||costs|3,335|4,267|7,602|4,751| ## ## |8 Expenditure
on cha|rI|table
|activities|unrestricted
f|unds|||| |---|---|---|---|---|---|---|---|---| ||||||||2020|2019| |Costs relating
to Grants||payable comprise:||||||| |Grants payable (note 9)|||||||26,854|41,898| |Room hire and related|office services||||||1,210|1,210| |Management
and administration|||||||5,437|4,368| |Website and advertising||costs|||||20|88| |Rent commission|||||||95|50| |Independent
Examiner's||fse|||||1,440|1,440| |Postage and stationery|||||||102|84| |Insurance|||||||228|175| |Sundry expenses|||||||84|81| |Legal and professional|fees|||||||| |Bank charges||||||||| ||||||||35,470|49,394| |9 Grants payable unrestricted|||funds|||||| |||||2020|||2019|| ||Organisations|||Individuals|Total|Organisations|Individuals|Total| |Number of grants|||23||24|49||52| |Trips &Xmas
Parties|||1,146||1,146|6,931||6,931| |Equipment|||16,462||16,462|13,027||13,027| |Running
Costs|||3,200|446|3,646|10,577||10,577| |Training
&
Workshops|||3,100||3,100|7,000||7,000| |Tuition Fees &
Costs|||2,500||2,500|1,330|3,033|4,363| ||||26,408|446|26,854|38,865|3,033|41,898| ## |9Grants payable unrestricted
fund|s|(cont.)|||||| |---|---|---|---|---|---|---|---| |||||||2020|2019| |Grants payable
to organisations|||||||| |Bolton Hospice —towards
the purchase||of new mattresses|||||1,500| |Bolton Symphony
Orchestra —towards ths purchase||||ofpercussion|equipment||2,000| |Fortalice —towards
the Domestic Abuse||programmss|||||2,000| |Octagon Theatre —towards
the Youth|Academy||programme|||2,500|2,500| |Bolton FM —towards
the purchase
of|radio equipment|||||1,962|| |Harwood
Methodist
Church —towards|the purchase|||ofcafe furniture||1,500|| |Bolton Mountain
Rescue —towards
ths purchase|||of|a new rescue vehicle||2,000|| |Bibby's Farm Ltd (Bolton Scout Trust)
equipment|—towards||the|purchase ofsound||1,500|| |Citizens Advice Bury & Bolton —towards||temporary||front fins advisors||1,500|| |Trust Music —towards
music bursary|programme|||||2,500|| |Other grants below 61,500||||||12,946|30,865| |||||||26,408|38,865| |Reconciliation
of grants payable|||||||| |Grants awarded
in the year||||||26,854|41,898| |Grant conditions
not met during the year||||||(750)|(250)| |Grants paid during the year||||||(29,426)|(28,066)| |Grants payable at 27 October 2019||||||22,332|8,750| |Grants payable at 26 October 2020||||||19,010|22,332| ## |



accrued as expenditure.
10Tangible fixed assets||
|| |---|---|---|---| ||Unrestricted|Endowment|| ||Fund
Ground|Fund
Ground|Total| ||Rents|Rents|| |Market value at 27 October 2019||780|780| |Market value at 26 October 2020||780|780| |Historical cost:|||| |At 26 October 2020||780|780| |At 26 October 2019||780|780| ## |11Fixed asset|Inve|stmen|ts|||||| |---|---|---|---|---|---|---|---|---| |||||||Unrestricted|Endowment|| |||||||Fund|Fund|| |||||||Investment|Investment|Total| |||||||Share|Share|| |||||||Holdings|Holdings|| |UK listed investments||||||||| |Market value at 27 October||||2019||478,520|630,902|1,109,422| |Disposals at opening||book||value||(74,857)|(171,656)|(246,513)| |Acquisitions
at cost||||||67,175|155,670|222,845| |Change
in value|in the year|||||(14,409)|(61,821)|(76,230)| |Market value at|26|October 2020||||456,429|553,095|1,009,524| |Historical cost:||||||||| |At 26 October 2020||||||356,553|572,226|928,779| |At 26 October 2019||||||351,821|632,854|984,675| |12Debtors unrestricted|||funds|||||| ||||||||2020|2019| |Prepayments
(Unrestricted||||funds)|||753|392| |13Cash at bank||||||||| ||||||Unrestricted
funds|Endowment
funds|Total 2020|Total 2019| |Yorkshire Bank|||||19,744||19,744|27,763| |W H Ireland|||||14,326|21,657|35,983|29,069| ||||||34,070|21,657|55,727|56,832| |14Creditors||||||||| ||||||Unrestricted|Endowment|Total|Total| ||||||funds|funds|2020|2019| |Grants payable|||||19,010||19,010|22,332| |Trade creditors|||||1,403||1,403|1,438| |Accruals|||||3,229||3,229|3,358| ||||||23,642||23,642|27,128| ## ||||||||Unrestricted|Endowment|Total| |---|---|---|---|---|---|---|---|---|---| ||||||||funds|funds|| |Fund balances||at 26 October 2020 are|||||||| |represented|by:||||||||| |Tangible lixed||assets||||||780|780| |Investmsnts|||||||456,429|553,095|1,009,524| |Current assets|||||||34,822|21,658|56,480| |Creditors: amounts|||falling|due within one year|||(23,642)||(23,642)| ||||||||467,609|575,533|1,043,142| |Unrealissd|gains included|||above:|||||| |On investments|||||||99,875|(19,131)|80,744| |Reconciliation||of movemsnts
in unrealised|||||||| |gains|||||||||| |Unrealised|gains at||27 October||2019||126,698|(1,951)|124,747| |Net gains on revaluations||||in year|||(26,823)|(17,180)|(44,003)| |Unrealissd|gains at||26 October||2020||99,875|(19,131)|80,744| |16Movement||in funds|||||||| ||||||Balance at||Movement
in funds||Balance at| ||||||26 October|Incoming|Resources|Gains I|26 October| ||||||2019|resources|expended|Losses|2020| |Endowment|Funds||||651,597||(4,267)|(71,797)|575,533| |Unrestricted|Funds||||488,701|31,782|(38,805)|(14,069)|467,609| ||||||1,140,298|31,782|(43,072)|(85,866)|1,043,142| ## ## |
Statement of Financial
|Activities|||| |---|---|---|---|---| |||Unrestricted
Funds|Endowment
Funds|Total 2019| |Income and endowments|from:|||| |Income from investments||37,672||37,672| |Charitable
activities||250||250| |Donations||||| |Total Income||37,922||37,922| |Expenditure
on:||||| |Investment
management|costs|1,852|2,899|4,751| |Charitable
activities||49,394||49,394| |Total expenditure||51,246|2,899|54,145| |Net income Iexpenditure||(13,324)|(2,899)|(16,223)| |Gains I(Losses) on investment||||| |assets||||| |On revaluation||21,421|60,797|82,218| |On disposal||29,807|(26,964)|2,843| |Net movement
in funds||37,904|30,934|68,838| |Fund balances at 27 October 2018||450,797|620,663|1,071,460| |Fund balances at 26 October 2019||488,701|651,597|1,140,298| |Investment
income||||| |||Unrestricted
Fund|Endowment
Fund|Total 2019| |Rental income||278||278| |Income from listed investments||33,096||33,096| |Interest receivable||4,298||4,298| |||37,672||37,672| ## |
Costs of generating
fun|ds||||| |---|---|---|---|---|---| |||Unrestricted
Fund|Endowment
F
d|T t
0|l 2019
a| |Investmsnt
management|costs|1,852|2,899||4,751| |Cash at bank|||||| |||Unrestricted
funds|Endowment
funds|Total 2019|| |Yorkshire
Bank||27,763|||27,763| |W H Ireland||9,154|19,915||29,069| |||36,917|19,915||56,832| |Tangible fixed assets|||||| |||Unrestricted
Fund Ground
Rents|Endowment
Fund Ground
Rents||Total
2019| |Market value at 27 October 2018|||780||780| |Market value at 26 October 2019|||780||780| |Historical cost:|||||| |At 26 October 2019|||780||780| |At 26 October 2018|||780||780| |Fixed asset investments|||||| |||Unrestricted|Endowment||| |||Fund
Investment
Share|Fund
Investment
Share||Total
2019| |||Holdings|Holdings||| |UK listed Investments|||f||| |Market value at 27 October 2018||337,792|671,635|1,009,427|| |Disposals at opening book value||(96,462)|(104,393)|(200,855)|| |Acquisitions
at cost||203,237|33,272|236,509|| |Change
in value
in the year||33,953|30,388||64,341| |Market value at 26 October 2019||478,520|630,902|1,109,422|| |Historical cost;|||||| |At 26 October 2019||351,821|632,854|984,675|| |At 26 October 2018||232,514|734,383|966,897|| ||||||Balance at|Balance at||Movement
In funds||Balance at| |---|---|---|---|---|---|---|---|---|---|---| ||||||26 October||Incoming|Resources|Gains I|26 October| |||||||2018|resources|expended|Losses|2019| |Endowment||Funds||||620,663||(2,899)|33,833|651,597| |Unrestricted||Funds||||450,797|37,922|(51,246)|51,228|488,701| |||||||1,071,460|37,922|(54,145)|85,061|1,140,298| |Analysis of||net assets between||||funds||||| |||||||||Unrestricted|Endowment|Total| |||||||||funds|funds|2019| |Fund balances at 26 October 2019are||||||||||| |represented||by:||||||||| |Tangible fixsd assets|||||||||780|780| |Investments||||||||478,520|630,902|1,109,422| |Current assets||||||||37,309|19,915|57,224| |Creditors: amounts|||falling|due within one year||||(27,128)||(27,128)| |||||||||488,701|651,597|1,140,298| |Unrsalised|gains included|||above:||||||| |On investments||||||||126,698|(1,951)|124,747| |Reconciliation||ofmovsmsnts
in|||unrealissd|||||| |gains||||||||||| |Unrealised|gains at||27 October||2018|||105,278|(62,748)|42,530| |Nst gains on||revaluations||in year||||21,420|60,797|82,217| |Unrealised|gains at||26 October||2019|||126,698|(1,951)|124,747|