| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Statement ofFinancial Position | |||
| Notes to the Financial Statements | 7 | to | 13 |
| Detailed Statement ofFinancial Activities | 14 | ||
| Appendices | 15 |
| for th | e Year Ended 31 | December 2021 | ||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Total | Total | |||||
| Unrestricted | Endowment | Endowment | ||||
| funds | funds | funds | ||||
| Notes | 6 | |||||
| INCOME AND | ENDOWMENTS FROM | |||||
| lnvestruent income |
43,611 | 43,611 | 39,379 | |||
| Other income | 624 | 624 | 10,624 | |||
| Total | 44,235 | 44,235 | 50,003 | |||
| EXPENDITI/RE | ON | |||||
| Raising funds | 44,318 | 44,318 | ' 38,344 |
|||
| Charitable activities |
||||||
| Direct charitable | expenditure | 14,670 | 14,670 | 6,548 | ||
| Total | 59,988 | 58,988 | 44,892 | |||
| Net gains/(losses) | on | investments | 13,656 | 13,656 | ~82,3263 | |
| NET INCOME/(EXPENDITURE) | (1,097) | (1,097) | (77,205) | |||
| Other recognised | gains/(tosses) | |||||
| Gains on revaluation | offixed assets | 103,886 | 103,886 | 61,258 | ||
| Net movement in funds |
102,789 | 102,789 | (15,947) | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 1,859,651 | 1,859,651 | 1,875,598 | ||
| TOTAL FUNDS | CARRIED FORWARD | 1962449 | 1 962,446 | 1,859 651 |
31December 2 |
021 | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Total | Total | ||||
| Unrestricted | Endotvment | Endowment | |||
| funds | funds | funds | |||
| Notes | f. | 8 | |||
| FIXEDASSETS Tangible assets Investments |
353,769 1.560,965 |
353,769 ~1560,965 |
355,235 ~)457 916 |
||
| 1,914,734 | 1,914,734 | 1,813,151 | |||
| CURRENT ASSETS Debtors Cash at bank |
10 | 3.185 77.441 |
3,185 77,441 |
2,955 ' 78,408 |
|
| 80,626 | 80,626 | 81,363 | |||
| CREDITORS Amounts falling |
due within one year | (32,920) | (32,920) | (34„863) | |
| NET CURRENT ASSETS | 47,706 | 47,706 | 46,500 | ||
| TOTAL ASSETS LESSCURRENT LIABILITIES |
1,962,440 | 1,962,440 | 1,859,651 | ||
| NKT ASSETS | ~1.962440 | 1.962,440 | ~1.859 651 | ||
| FUNDS Unrestricted funds |
12 | ~1962,440 | 1,859,651 | ||
| TOTALFUNDS | 1.962,440 | 1,859,651 |
| immediately in th |
immediately in th |
e profit or loss. | |||
|---|---|---|---|---|---|
| INVESTMENT | INCOME | ||||
| 2021 | 2020 | ||||
| Income from | UK | listed investments | 43,611 | 38,837 | |
| Interest receivable | 542 | ||||
| 43,611 | ~39379 | ||||
| 3. | OTHER INCOME | ||||
| 2021f | 2020 | ||||
| Other income | 624 | 624 | |||
| Government | income | 10,000 | |||
| 624 | 10,624 | ||||
| 4. | CHARITABLE | ACTIVITIES COSTS | |||
| Direct | |||||
| Costs (see | |||||
| note 5) f |
|||||
| Direct charitable | expenditure | ~14670 |
| Total | ||
|---|---|---|
| Unrestricted | Endowment | |
| funds | funds | |
| INCOME AND ENDOWMENTS FROM | ||
| Investment income |
39,379 | 39,379 |
| Other income | 10,624 | 10,624 |
| Total | 50,003 | 50,003 |
| EXPENDITURE ON | ||
| Raising funds | 38,344 | 38,344 |
| Charitable activities |
||
| Direct charitable expenditure |
6,548 | 6,548 |
| Total | 44,892 | 44,892 |
| Net gains/(losses) on investments |
~82,316) | ~82,316) |
| NET INCOME/(EXPENDITURE) | (77,205) | (77,205) |
| Other recognised gains/(losses) Gains on revaluation offixed assets |
~61 258 | ~61 258 |
| Net movement in funds |
(15,947) | (15,947) |
| RECONCILIATION OF FUNDS |
||
| Total funds brought forward | 1,875,598 | 1,875,598 |
| TOTAL FUNDS CARRIED FORWARD | 1,859,651 | 1,859,651 |
| for the Year En | for the Year En | ded 31Dece | mber 2021 | |||
|---|---|---|---|---|---|---|
| TANGIBLE FIXEDASSETS | ||||||
| Buildings | Totals | |||||
| COST | ||||||
| At 1 January 2021 and 31 | December 2021 | 311256 | ~73 299 | ~384 555 | ||
| DEPRECIATION | ||||||
| At 1 January 2021 | 29,320 | 29,320 | ||||
| Charge for year | ~1466 | 1,466 | ||||
| At 31December 2021 | 30,786 | ~30 786 | ||||
| NET BOOK VALUE | ||||||
| At 31December 2021 | 311,256 | 42,513 | ~353769 | |||
| At 31December 2020 | 311,256 | ~43979 | 355,235 | |||
| All the fixed assets owned | are held for charitable | purposes. | ||||
| 9. | FIXEDASSETINVESTMENTS | |||||
| Cash and | ||||||
| Listed | settlements | |||||
| investments | pending | Totals | ||||
| 6 | ||||||
| MARKET VALUE | ||||||
| At 1 January 2021 | 1,418,677 | 39,239 | 1,457,916 | |||
| Additions | 130,568 | 184,157 | 314,725 | |||
| Disposals | (104,159) | (211,403) | (315,562) | |||
| Revaluations | 103,886 | 103,886 | ||||
| At 31December 2021 | 1548972 | 11993 | 1568965 | |||
| NET BOOKVALUE | ||||||
| At 31December 2021 | 1 548 972 | 11,993 | 1,568,965 | |||
| At 31December 2020 | 1,418677 | 39239 | 1457916 | |||
| There were no investment | assets outside the UK. |
| Cash and | |||||
|---|---|---|---|---|---|
| Listed | settlements | ||||
| investments | pending | Totals | |||
| 6 | |||||
| Valuation | in | 2021 | 374,201 | 374,201 | |
| Cost | 1,174,771 | 11,993 | 1,186,764 | ||
| 1548,972 | 11,993 | 1,560,965 |
| 9. | FIXEDASSETINVESTMENTS - continued | FIXEDASSETINVESTMENTS - continued | FIXEDASSETINVESTMENTS - continued | FIXEDASSETINVESTMENTS - continued | FIXEDASSETINVESTMENTS - continued | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||||
| Historical Cost | 1,175,876 | 1212036 | ||||||||
| Investments are |
held prhnarily | to | provide an investment | return. | ||||||
| lb. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||||||
| 2021 | 2020 | |||||||||
| Tmde debtors | 3,185 | 2,955 | ||||||||
| 11. | CREDITORS: | AMOUNTS FALLING DUE WITHIN ONE | YEAR | |||||||
| 2021 | 2020 | |||||||||
| Tmde creditors | 9,890 | 11,210 | ||||||||
| Accruals and | deferred income | 23,030 | 23,653 | |||||||
| 32,920 | 34,863 | |||||||||
| 12. | MOVEMENT | IN FUNDS | ||||||||
| Net | ||||||||||
| movement | At | |||||||||
| At | 1/1/21 | in funds | 31/12/21 | |||||||
| 8 | 8 | |||||||||
| Unrestricted | funds | |||||||||
| General fund | 1,800,537 | 102,789 | 1,903,326 | |||||||
| Designated fund |
- Billinge Hill | 59,114 | 59 114 | |||||||
| 1859651 | 102789 | 1962440 | ||||||||
| TOTAL FUNDS | 1859651 | 102,789 | 1,962440 | |||||||
| Net movement | in funds, included | in the above are as follows: | ||||||||
| Incoming | Resources | Gains and | Movement | |||||||
| resources | expended | losses | in funds | |||||||
| g | ||||||||||
| Unrestricted | funds | |||||||||
| General fund | 44,235 | (58,988) | 117.542 | 102,789 | ||||||
| TOTAL FUNDS | 44 235 | ~58988) | 117,542 | 102,789 |
| Comparative | s for movement in funds |
|||
|---|---|---|---|---|
| Net | ||||
| movement | At | |||
| At 1/1/20 | in funds | 31/12/20 | ||
| Unrestricted | funds | |||
| General fund | 1,816,484 | (15,947) | 1,800,537 | |
| Designated | fund - Billinge Hill | 59,114 | 59 114 | |
| ~1875598 | ~15~947 | 1,859,651 | ||
| TOTAL FUNDS | 1 875 598 | ~15947) | 1 859651 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 50,003 | (44,892) | (21,058) | (15,947) | |
| TOTAL FUNDS | 50,003 | ~44,892) | (21,058) | ~15947) |
| A current ye | ar 12months and prior year 12month |
s combined position is as follo | ws: | |
|---|---|---|---|---|
| Net | ||||
| movement | At | |||
| At 1/1/20 | in funds | 31/12/21 | ||
| Unrestricted | funds | |||
| General fund | 1,816,484 | 86,842 | 1,903,326 | |
| Designated | fund - Billinge Hill | 59 114 | 59,114 | |
| 1,875 598 | 86 842 | 1 962,440 | ||
| TOTAL FUNDS | 1875598 | 86842 | 1,962,440 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses f |
in funds f, |
||
| Unrestricted | funds | ||||
| General fund | 94,238 | (103,880) | 96,484 | 86,842 | |
| TOTAL FUNDS | ~94 238 | ~103,880 | 96,484 | 86,842 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| INCOME AND ENDOWMENTS | |||||
| Investment income |
|||||
| Income &om UK listed investments | 43,611 | 38,837 | |||
| Interest receivable | 542 | ||||
| 43,611 | 39,379 | ||||
| Other income | |||||
| Other income | 624 | 624 | |||
| Government incotne |
~10000 | ||||
| 624 | ~10 624 | ||||
| Total incoming 1esources |
44,235 | 50,003 | |||
| EXPENDITURE | |||||
| Charitable activities |
|||||
| Donations (see Appendix |
3) | 14,670 | 6,548 | ||
| Support costs | |||||
| Governance costs |
|||||
| Insurance | 4,406 | 4,805 | |||
| Accountancy | 3,000 | 2,880 | |||
| Investment management |
fees | 14,446 | 13,293 | ||
| Secretaries fees | 21,000 | 15,900 | |||
| Freehold property | depreciation | 1,466 | 1466 | ||
| 44,318 | 38 344 | ||||
| Total resources expended | 58,988 | 44,892 | |||
| Net (expenditure)/income | before gains and | ||||
| losses | (14,753) | 5,111 | |||
| Realised recognised | gains and losses | ||||
| Realised gains/(losses) | on | fixed asset investments | ~13656 | ~82,316) | |
| Net expenditure | ~1,097) | ~77,205) |
| JOaN EDOLESTON'S CEARITV | JOaN EDOLESTON'S CEARITV | JOaN EDOLESTON'S CEARITV | JOaN EDOLESTON'S CEARITV | JOaN EDOLESTON'S CEARITV | JOaN EDOLESTON'S CEARITV | JOaN EDOLESTON'S CEARITV | JOaN EDOLESTON'S CEARITV | |||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PaoyITELOSSI ON SALE OF INVESTMENTS | ||||||||||||||||||||||||||||||||
| Te | tl 9 | ENM3(O | ~MTI | |||||||||||||||||||||||||||||
| IJ 2821 Uarro |
14 NI21 Door |
BOUGHT UMTB |
SDUSHT COST |
Ihd Ndh I R I dh U th NN |
SOLO UNITS |
Soho COST |
oraaa UNITS |
mhER COSTS |
a(o Nat IMITS |
ato MM COST |
MARKET VALUE |
|||||||||||||||||||||
| E | 6 | 5 | E | 4 | 0 | 0 | ||||||||||||||||||||||||||
| A 8 HM d/I |
m | PAIFSG | 23,80D | 24,145 | (1852S) | (118531 | 12,471 | 13,082 | 3.541 | |||||||||||||||||||||||
| Ah I Uo 'dtyF |
dUd | 3,200 | 3,872 | ( | 3,0721 | 3280 | 103 | |||||||||||||||||||||||||
| 280 | 0,102 | 288 | 8,102 | 17,350 | ||||||||||||||||||||||||||||
| 2,000 | r,ooe | 2.000 | 7,805 | 0200 | ||||||||||||||||||||||||||||
| Mdmfa p Sd dlOSPI OmaD dp a I MCMNIE M |
I | ~ I | TOD 1,50D 25,8N |
15JND 10,133 38288 |
708 IJa8 35.000 |
IS,810 ID,133 3lt,al8 |
37247 U220 40,075 |
|||||||||||||||||||||||||
| BPPl | 5,400 | 2D,I 24 | 5rao | 20,124 | 17047 | |||||||||||||||||||||||||||
| STG mp c d I M g G I ad IHN |
lol OPI |
PraMIGSPINCI | O,DN 225 30,880 |
14243 14,300 20842 |
1225) | (14,38R | O,NO 30,MO |
14243 28,342 |
ltt173 28870 |
|||||||||||||||||||||||
| DDD | 11577 | No | 11,077 | 19,500 | ||||||||||||||||||||||||||||
| C81175FTSFJMP508D | I | N | he | D(t!.35%)EIS | 32,5DO | 32500 | 32,50D | 32,580 | 40,404 | |||||||||||||||||||||||
| DB(PHA)a | At | NDHDI | da | OCLOO | ~0 | 4N | (40) | (443) | ||||||||||||||||||||||||
| DO PWN IMIO | R | I E4hdeS | I | 175 | 9,420 | 1176) | (9420) | |||||||||||||||||||||||||
| 725 | 12,838 | 470 | 1,000 | 1283 | 13,387 | |||||||||||||||||||||||||||
| Ea laoo | B,MI | 11,510 | (0,071) | (11,510) | ||||||||||||||||||||||||||||
| ETFsPMO IGddGBPgMM |
I | Phyd | Ioeld) | MO | 17,827 | (250) | (17,027) | |||||||||||||||||||||||||
| FiddNy E Nh 8 |
a | R | I | WA | 0,030 | 15,374 | 5,N3 | 108 | 15,073 | 10,842 | 21,4 4 | |||||||||||||||||||||
| Rddhy Glob I |
H,ooc | 21,7M | (131) | 11,08D | 21,570 | 2'J,TN | ||||||||||||||||||||||||||
| FPWh b OM | oallly | 28,NO | 38,215 | (153) | (508N | (3514) | 15,080 | 28,042 | 35,207 | |||||||||||||||||||||||
| Gbweh dhal |
I,BN | 22,145 | I BBD | 2!,145 | 30,204 | |||||||||||||||||||||||||||
| ~ d Gtd |
IT | d | looy | . | TN | 4,233 | 700 | L233 | ||||||||||||||||||||||||
| H d S dl |
cmp | imIT | 2,52a | 20,810 | 2520 | 20,BIO | 31,087 | |||||||||||||||||||||||||
| H ndem Obdeet HICLI hd d |
s | dtt | 14,NO | ~B,ON 21,430 |
3508D 14,880 |
21,43D | 50,435 31,724 |
|||||||||||||||||||||||||
| HOOCH Id O |
2,0M | 14,518 | 2ODD | 14,518 | 3,073 | |||||||||||||||||||||||||||
| IMl I hm I OP bl |
PM | nstp | 1,008 14,000 |
14,OIO 10,125 |
(300) | (3201) | 78D 14800 |
7,808 10,125 |
12,152 28,8N |
|||||||||||||||||||||||
| P pd |
I | CN | M | Smda | I | 30,804 | 50,401 | N, OOD | 50,4ttt | W,N3 | ||||||||||||||||||||||
| Phy IM | Gdd P-ETC | GBX | 25D | 3DJI75 | 250 | 38,3t5 | 32,825 | |||||||||||||||||||||||||
| I 8 HARES FTSE | 2OI | UC | ITS | ETF | I,NO | II,MD) | (25443l | 700 | 14,40D | 15,442 | ||||||||||||||||||||||
| JP MOrgen Oleo JPMUDEQ lyl |
I | E | glN a cia |
hm | I | Tmd | 14,NO | 29,058 | 20ODD | 30,DDI | 20,MD IO,DDD |
IO,ODI 28,853 |
28,D58 42,908 |
|||||||||||||||||||
| JPMGI ha a | Opp | 4 | t | C | 20000 | 58,02S | 58.025 | NI200 | ||||||||||||||||||||||||
| Legal 5 General | Omw | B,HIO | 8,5DD | Ie,aaa | ||||||||||||||||||||||||||||
| LF Momnl Wdoht | Mppen | yield | 8 | Ine | a,eoa | 24,IDII | 0,500 | 24,93II | 23.588 | |||||||||||||||||||||||
| bF dooLU UDHMI fthdmyl |
4 | dC | ph T I Ikaso |
XI | 40,130 58,088 |
30,M6 5O,438 |
40,138 50,8M |
30,NO 58,\33 |
51278 OI,020 |
|||||||||||||||||||||||
| Uod O NMGIoyp |
25,008 | 14,051 | 25,0N | 14,!dl | 11.058 | |||||||||||||||||||||||||||
| Ly C USIB ETFHNDM |
173 | 13,233 | 173 | 18,233 | «1,572 | |||||||||||||||||||||||||||
| Mafd C PDN fhd |
MI | T | MN4 | NI, OOT | NI,224 | 53278 | ||||||||||||||||||||||||||
| Ml Twentylenr Dynemie |
Se | d | I | a | I | 528 | Bt173 | 520 | 58,173 | 50,533 | ||||||||||||||||||||||
| M API |
Mo | S,NI4 | NO | S,IS4 | 14,088 | |||||||||||||||||||||||||||
| N I |
ao | 15,231 | (50) | (2,537i | 250 | 12.004 | 28275 | |||||||||||||||||||||||||
| Nlnelyc eDI ltl dl R hits N«G~ R hl I NNM |
G | J21 p |
38,028 175 20,000 |
m,oae 8223 NI,945 |
148!tD | I3240 | 2,880 | ( 44) 2,400 |
50,0DO 175 22,0DO |
58.0N 0,428 22,4N |
4I,570 II,ODQ Te,eoe |
|||||||||||||||||||||
| N Reh |
HIO | 0,343 | 500 | 0,343 | 24200 | |||||||||||||||||||||||||||
| R I I onehstwll Sha th tll |
o | F | 4 | 1200 14,300 |
25@le 26,07S |
1,2M 14,300 |
a,ols 26,675 |
28,442 98,988 |
||||||||||||||||||||||||
| MD | U,OOI | 408 | U,so1 | 14240 | ||||||||||||||||||||||||||||
| SmNh 4 NePhew a ohsapusa oh~i N |
Iammtho Nsrposp ANP DOI |
I,OOO OOD 12,000 |
13Ms 14,320 4,180 |
I,N4 804 12,IKO |
13,088 14,320 4,188 |
12,035 42244 36,121 |
||||||||||||||||||||||||||
| T emR4 U ' UKI |
SI | e,ooo e,ooo |
12,732 IO,ND |
( 1,204) | ( | 8,008) | I le,ll36) | 4,7M | 12,782 | 13,73D | ||||||||||||||||||||||
| Udl | 400 | 10,052 | ~DO | 10,052 | 15,702 | |||||||||||||||||||||||||||
| Utdefene O p |
8252 | 10,018 | O,N2 | 10810 | 7255 | |||||||||||||||||||||||||||
| W p» a el |
md | C | venlnmL)elmlVALUO | 200 | 21232 | 208 | 21JO2 | 31298 | ||||||||||||||||||||||||
| 48D | 12280 | 400 | 12,650 | 11OSD | ||||||||||||||||||||||||||||
| TOTAL | 5N 751 | I 172797 | O4 Slo | 126 148 | ( 4 | 450) | (25 ON) | (21110) | (09405l | 025411 | I 174771 | 1,471541 | ||||||||||||||||||||
| COIF | 3.DTO | 3,070 | 77433 | |||||||||||||||||||||||||||||
| 1,175,870 | 1,177,85D | 1,540e73 | ||||||||||||||||||||||||||||||
| Mea train | bihd | 1218078 | ||||||||||||||||||||||||||||||
| And | b | 188Mll | ||||||||||||||||||||||||||||||
| Dm Chat ~ |
I | 5 | (1841M) 18328S |
|||||||||||||||||||||||||||||
| Metltet yhltte | elfml | 1,540II73 |
| COST | VALUATION | |||||||
|---|---|---|---|---|---|---|---|---|
| COST | VALUATION | PROCEEDS | PROFIT | PROFIT | ||||
| (LOSS) | (LOSS) | |||||||
| 8 | I | I | ||||||
| DB(PAM) Sicav Absolute Diversid ed | CLSD | 443 | 277 | 443 | 166 | |||
| DBPWM British Real Estate BInc | 9,426 | 0 | 7,402 | (2,024) | 7,402 | |||
| Eouuuti | Group | 11,510 | 7,844 | 10,411 | (1,099) | 2,567 | ||
| ETFSPhysical Gold GBP(Wisdctnlree | Physical | Gol | 17,027 | 29295 | 30,169 | 13,142 | 874 | |
| FPWhab | Sustainabtlity | 9,514 | 11,293 | 11,924 | 2,410 | 631 | ||
| IMI | 3,261 | 4,980 | 5,365 | 2,104 | 385 | |||
| 'ISHARES FTSE250 UCITS ETP | 25,443 | 26,028 | 26,194 | 751 | 166 | |||
| Nas | 2,537 | 3,933 | 4,141 | 1,604 | 208 | |||
| Unicorn | UK income BIac | 19,936 | 20,509 | 21,767 | 1,832 | 1,259 | ||
| 99,095 | 104,159 | 1172136 | 18,720 | 13,658 |
| 2021 | 2020 | |
|---|---|---|
| Donations | ||
| John Eddleston Field Society | 12,955 | 6,548 |
| Mrs THolland | 200 | |
| Birchley StMary's School | 505 | |
| StAidan's Primary School | 505 | |
| Billing Chapel End School | 505 | |
| 14670 | 6,548 |