| Contents | Page | |
| Reference and Administrative Information |
||
| Trustees' Report |
2-8 | |
| Independent Examiner's |
Report | |
| Statement of Financial |
Activities | 10 |
| Balance Sheet | ||
| Notes to the Financial Statements | 12-15 |
Charity number 224193
| Unrestricted | Contingency | Contingency | Endowment | Total funds | Total funds | ||||
|---|---|---|---|---|---|---|---|---|---|
| Note | funds | funds | funds | 2020 | 2019 | ||||
| Income and expenditure | |||||||||
| Incoming resources from | |||||||||
| generated funds |
|||||||||
| Activities for generating | funds: | ||||||||
| Rents received | 20 | ||||||||
| Dividends received |
36,135 | 36,135 | 47,170 | ||||||
| Interest received | 600 | 600 | 498 | ||||||
| Total incoming resources |
36,735 | 36,735 | 47,689 | ||||||
| Resources expended | |||||||||
| Charitable expenditure |
10,424 | 10,424 | 24,875 | ||||||
| Support costs | 16,334 | 16,334 | 18,380 | ||||||
| Governance costs |
225 | 225 | 720 | ||||||
| Total resources expended | 26,983 | 26,983 | 43,975 | ||||||
| Net (outgoing)/incoming | |||||||||
| resources and movement |
in | 9,752 | 9,752 | 3,714 | |||||
| funds | |||||||||
| Transfer between funds |
|||||||||
| Investment gains in year: |
|||||||||
| Realised | (34,445) | (34,445) | (4,839) | ||||||
| Unrealised | (26,441) | (26,441) | (31,249) | ||||||
| Balances brought forward |
at | 75,237 | 126,719 | 1,244,413 | 1,446,369 | 1,478,743 | |||
| 31stAugust, 2019 | |||||||||
| Balances carried forward | at | 84,989 | 126,719 | 1,183,527 | 1,395,235 | 1,446,369 | |||
| 30th August, 2020 |
| Note | 2020 | 2019 | ||||
|---|---|---|---|---|---|---|
| Fixed assets | ||||||
| Tangible fixed assets | 2,261 | 2,261 | ||||
| Investments | 1,233,584 | 1,309,439 | ||||
| Investment | Dealing | Account | 12,852 | 4,634 | ||
| 1,248,697 | 1,316,334 | |||||
| Current assets | ||||||
| Cash at bank and | in | hand | 146,538 | 131,785 | ||
| 146,538 | 131,785 | |||||
| Liabilities: | Amounts | falling due within one year | 1,750 | |||
| Net assets | 1,395,235 | 1,446,369 | ||||
| Funds | ||||||
| Unrestricted | 84,989 | 75,237 | ||||
| Contingency | 126,719 | 126,719 | ||||
| Endowment | 1,183,527 | 1,244,413 | ||||
| 1,395,235 | 1,446,369 |
| Total | Total | |||
|---|---|---|---|---|
| 2020 | 2019 | |||
| Charitable expenditure |
||||
| Grants awarded: | ||||
| Individuals | 5,109 | 5,475 | ||
| Special Fund for | individuals | 1,000 | 1,000 | |
| Social Worker teams | 300 | 900 | ||
| Other charitable | organisations | 4,015 | 17,500 | |
| 10,424 | 24,875 | |||
| Total | Total | |||
| 2020 | 2019 | |||
| Support costs | E | |||
| Service Contract | 7,000 | 8,750 | ||
| Investment manager's |
fees | 9,084 | 9,479 | |
| Travel expenses | 250 | |||
| Insurance | 151 | |||
| 16,334 | 18,380 |
| Total | Total | |||
|---|---|---|---|---|
| 2020 | 2019 | |||
| Governance | costs | |||
| Accountancy | fees | 720 | ||
| Legal fees | 225 | |||
| 225 | 720 | |||
| Total | Total | |||
| 2020 | 2019 | |||
| 6. | Trustees expenses | |||
| Total amount | paid | 250 |
| Investment assets |
2020 | 2019 | |
|---|---|---|---|
| Market value: | |||
| At 31stAugust 2019 | 1,309,439 | 1,346,617 | |
| Additions | 204,402 | 169,521 | |
| Proceeds of investments | sold | (219,371) | (170,611) |
| Net loss —realised | (34,445) | (4,839) | |
| Net loss - unrealised | (26,441) | (31,249) | |
| At 30'" August 2020 | 1,233,584 | 1,309,439 |
| Individual | investments | exceeding 5% by value of the | portfolio were as follows: | |
|---|---|---|---|---|
| 2020 | 2019 | |||
| Castlefield | Managed | Multi Asset Fund | 162,739 | 174,706 |
| Mayfair Capital Property | 88,953 | 94,363 | ||
| 251,692 | 269,069 |
| Unrestricted | Contingency | Endowment | Total | |||
|---|---|---|---|---|---|---|
| Funds | fund | fund | Funds | |||
| Funds | ||||||
| At 31st August, | 2019 | 75,237 | 126,719 | 1,244,413 | 1,446,369 | |
| Incoming resources for the year |
36,735 | 36,735 | ||||
| Outgoing resources for the year |
(26,983) | (26,983) | ||||
| Transfers between funds |
||||||
| Realised gains | on investments | (34,445) | (34,445) | |||
| Unrealised gains on investments |
(26,441) | (26,441) | ||||
| At 30th August, | 2020 | 84,989 | 126,719 | 1,183,527 | 1,395,235 | |
| Represented | by: | |||||
| Tangible fixed | assets | 2,261 | 2,261 | |||
| Investments | 71,921 | 1,161,663 | 1,233,584 | |||
| Cash held as part of investment | fund | 12,852 | 12,852 | |||
| Current assets | 91,740 | 54,798 | 146,538 | |||
| Current liabilities |
(6,751) | 6,751 | ||||
| 84,989 | 126,719 | 1,183,527 | 1,395,235 |