| CONTENTS | PAGE | |
|---|---|---|
| Report ofthe Trustees | ||
| Statement of Financial |
Activities | |
| Balance Sheet | ||
| Notes to the Accounts | ||
| Report ofthe Auditors |
| KYTES EXECUTIVE COMMITTEE REPORT OF THE TRUSTEES YEAR ENDED 31STMARCH 2021 |
KYTES EXECUTIVE COMMITTEE REPORT OF THE TRUSTEES YEAR ENDED 31STMARCH 2021 |
KYTES EXECUTIVE COMMITTEE REPORT OF THE TRUSTEES YEAR ENDED 31STMARCH 2021 |
Page | |
|---|---|---|---|---|
| REFERENCE AND ADMINISTRATIVE INFORMATION | ||||
| Registered | Charity Number | 223067 | ||
| Registered | Name | Kytes | ||
| Office Address | P.O.Box 12369 | |||
| Bishops Stortford | ||||
| CM23 9JZ | ||||
| Trustees | The Order of St.John ofJerusalem | |||
| Mr. B.Wingate BSc(Hons) | (Chairman) | |||
| Dr. D.Taverner | ||||
| Co-opted | ||||
| Mr. M.Fox | (Vice-Chairman) | |||
| Mr. T. O'Brien BCOM FCA | ||||
| Mrs. T.Smith | ||||
| Mrs. N. Stout | ||||
| Mrs. J.Cox | (Appointed | 15th February 2021) | ||
| Secretary | / Treasurer | Mr. D. Ogilvie | ||
| Solicitors | Womble Bond Dickinson | |||
| St Ann's Wharf, 112Quayside | ||||
| Newcastle Upon Tyne |
||||
| NE1 3DX | ||||
| Auditors | FKCA Limited | |||
| 260 - 270 Butterfield | ||||
| Great Marlings | ||||
| Luton, Beds. |
||||
| LU2 8DL | ||||
| Bankers | Barclays Bank Plc | |||
| 32, Clarendon Road |
||||
| Watford, Herts. | ||||
| WD1 1BZ | ||||
| Investment | Cazenove Capital | |||
| Managers | 12Moorgate | |||
| London | ||||
| EC2R 6DA |
| Note | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|
| UNRESTRICTED | FUNDS | |||||
| Income from: | ||||||
| Investments | 69,323 | 70,432 | ||||
| Expenditure on: |
||||||
| Charitable activities |
(76,016) | (116,972) | ||||
| Net gains / (losses) | on investments | |||||
| Realised gains on investments | 11 | 16 | ||||
| Unrealised gains / (losses) on investments |
283,237 | (181,673) | ||||
| 283,248 | (181,657) | |||||
| Net movement in funds |
276,555 | (228,197) | ||||
| Reconciliation offunds: | ||||||
| Total funds brought | forward | 1stApril 2020 | 1,551,601 | 1,779,798 | ||
| Total funds carried | forward | |||||
| 31stMarch 2021 | 1,828,156 | 1,551,601 |
| Note | 2021 | 2020 | ||
|---|---|---|---|---|
| FIXEDASSETS | ||||
| Investments | 1,735,235 | 1,475,179 | ||
| CURRENT ASSETS | ||||
| Investments | 69,176 | 69,094 | ||
| Cash at bank and in | hand | 26,751 | 10,244 | |
| 95,927 | 79,338 | |||
| Creditors: amounts |
falling due within | |||
| one year | 3,006 | 2,916 | ||
| NET CURRENT ASSETS | 92,921 | 76,422 | ||
| TOTAL ASSETSLESSCURRENT | ||||
| LIABILITIES | 1,828,156 | 1,551,601 | ||
| FUNDS | 1,828,156 | 1,551,601 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| 2. | EXPENDITURE | |||
| Charitable activities |
||||
| Grants payable | 20,345 | 32,900 | ||
| Grants reimbursed | (1,100) | (2,067) | ||
| Special donations | 46,332 | 72,590 | ||
| Secretary / treasurer |
honorarium | 3,000 | 6,000 | |
| Governance costs: audit fees |
3,006 | 2,918 | ||
| Printing, postage and |
stationery | 448 | 491 | |
| Bank charges | 69 | 80 | ||
| Investment management fees |
3,916 | 4,060 | ||
| 76,016 | 116,972 | |||
| 3. | FIXEDASSETINVESTMENTS | |||
| At 1stApril 2020 | 1,475,179 | 1,703,385 | ||
| Income reinvested | 69,241 | 70,011 | ||
| Liquid funds transfer | (88,517) | (112,500) | ||
| Realised gains on disposals | 11 | 16 | ||
| Unrealised net gains |
/ (losses) on revaluation | 283,237 | (181,673) | |
| Management fees |
(3,916) | (4,060) | ||
| At 31stMarch 2021 | 1,735,235 | 1,475,179 |
| element ofthe gain off283,237 shown for the 2021 a | element ofthe gain off283,237 shown for the 2021 a | ccounts. | ||
|---|---|---|---|---|
| Investments at 31stMarch 2021 comprise: |
||||
| Listed investments | 1,718,908 | 1,435,671 | ||
| Cash held within investment |
portfolio | 16,327 | 39,508 | |
| 1,735,235 | 1,475,179 | |||
| Historical cost at 31stMarch | 2021 | 1,684,580 | 1,707,761 | |
| 4. | CURRENT ASSETINVESTMENTS | |||
| Cash or cash equivalents | 69,176 | 69,094 | ||
| 5. | CREDITORS | |||
| Amounts falling due within |
one year | |||
| Accruals | 3,006 | 2,916 |
| Unrestricted | |||
|---|---|---|---|
| 6. | FUNDS | funds | |
| At 1stApril 2020 | 1,551,601 | ||
| Net movement | in funds | 276,555 | |
| At 31stMarch | 2021 | 1,828,156 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| 8. | FINANCIAL INSTRUMENTS | |||||
| The carrying amounts of the |
charity's | financial | ||||
| instruments are as follows: |
||||||
| Financial assets: | ||||||
| Measured at fair value through net income / |
expenditure: | |||||
| Fixed asset listed investments (note |
3) | 1,735,235 | 1,475,179 | |||
| The net (losses) / gains attributable to |
the | charity's | ||||
| financial instruments are summarised |
as follows: | |||||
| Net (losses) and gains (including changes in |
fair | value) | 283,248 | (181,657) |