## ## |Reference and|Administration
Details||||||||| |---|---|---|---|---|---|---|---|---|---| |The Registered|charity number is 224727||||||||| |Governors|The Right Honourable|The|Earl||of Derby||Ex- Officio||| ||Mrs S Birtles JP DL||||||Chairman||| ||Mr PH Townley FRICS|||||Treasurer|||| ||Mrs M Lucas JP||||||||| ||Doctor H Weinstock||||||||| ||Doctor S Chouksey JP||||||||| ||Ms J O' Connor JP|||||Vice||Chairman|| ||Mr M Hardacre||||||||| ||Rev Canon A. Servant||||||||| ||Mr P Nott||||||||| |Auditors|Royce Peeling Green Limited,||||||||| ||The Copper Room,||||||||| ||Deva Centre,||||||||| ||Trinity Way,||||||||| ||Manchester
M3 7BG||||||||| |Bankers|Royal Bank of Scotland|PLC.,|||CCLA Investment|||Management|Limited,| ||StAnn Street,||||COIF Charity||Funds||| ||Manchester
M60 2SS||||Senator House, 85 Queen Victoria Street||||| ||||||London|EC4V 4ET|||| |Stockbrokers|Brewin Dolphin Securities||Limited,||||||| ||1 The Avenue,
Spinningfields|||Square|||||| ||Manchester
M3 3AP||||||||| |Secretary and|Principal Address||||||||| ||Nicholas Stockton BA., FCA.,||||||||| ||Azets||||||||| ||5th Floor||||||||| ||Ship Canal House||||||||| ||98 King Street||||||||| ||Manchester
M2 4WU||||||||| ## ## ## |The following
table show
contribution
to our costs.|s
t|he|number
of|beneficiaries
in|recent years|,
their cost|to|the Fun|d
and their| |---|---|---|---|---|---|---|---|---|---| |||||2016|2017|2018||2019|2020| |Number
of holiday beneficiaries|||||||||| ||||||8|||f|8| |Total cost ofconvalescence||||3,240|1,240|1,790||2,490|798| |Contributions
by beneficiaries||||320|240|240||240|0| |Net cost to the Fund||||2,920|1,000|1,550||2,250|798| |All of the grant recipients|were||in receipt ofF45 - 550 per month,
representing
a weekly|||||grant of210.96.At|| |31 December 2020, 15of|the|recipients were male and 18were female.|||||||| |The number
of beneficiaries||in|recent years|and their cost to the Fund is||as follows:|||| |||||2016|2017|2018||2019|2020| |Number
of grant cases at|start||ofyear|38|38|37||33|31| |Number
of grant cases admitted||||7|16|12||8|15| |Number
of deaths||||0|0|0||0|0| |Number
discontinued||||7|17|16||10|13| |Number
of grant cases at|year||end|38|37|33||31|33| |Yearly amount
distributed||||823,455|f22,978|828,554|f20,751||872,648| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Note||2020||2019| |---|---|---|---|---|---|---| ||||Unrestricted|Permanent|Total|Totat| ||||Funds|Endowments||| ||||f|||| |Income and endowments||||||| |Income from investments|||34,890||34,890|41,484| |Beneficiary contributions|||0||0|240| |Total income and endowments|||34,890|0|34,890|41,724| |Expenditure
on Raising funds||||||| |Stockbroker's
management|fees||0|7,520|7,520|9,020| |Expenditure
on Charitable
activities||||||| |Recipients'
accommodation|||798|0|798|2,490| |Payments
to beneficiaries|||72,648|0|72,648|20,751| ||||73,446|0|73,446|23,241| |Governance
Costs||||||| |Secretarial
and accountancy|charges||8,160||8,160|8,160| |Data protection fee|||35||35|35| |Audit fee|||1,440||1,440|1,440| |Governors'
travelling
expenses|||0||0|0| |Governors'
indemnity
insurance|||235||235|235| |Website costs|||1,525||1,525|0| |Sundry expenses|||12||12|89| ||||11,407|0|11,407|9,959| |Net (losses)
/ gains on investments||||||| |Realised (losses) / gains on|sale of investments||0|(13,988)|(13,988)|7,680| |Equalisation||2|0|(129)|(129)|(214)| |Unrealised
(losses) / gains on investments||2|0|(37,608)|(37,608)|103,069| ||||0|(51,725)|(51,725)|110,535| |Net movement
in funds|||(49,963)|(59,245)|(109,208)|110,039| |Total funds
brought forward|||134,959|1,077,027|1,211,986|1,101,947| |Total Funds carried forward|||84,996|1,017,782|1,102,778|1,211,986| ## ||Note||2020||2019| |---|---|---|---|---|---| ||||E||E| |||Unrestricted|Permanent|Total|Total| |||Funds|Endowments||| |||F|E||| |Fixed Assets|||||| |Investments||0|1,031,667|1,031,667|1,108,124| |Current Assets|||||| |Debtors||1,301|30,928|32,229|15,723| |Cash at bank||64,470|(42,917)|21,553|67,842| |Cash at COIF||26,000|0|26,000|26,000| |Total Current Assets||91,771|(11,989)|79,782|109,565| |Creditors: payable within one year|||||| |Creditors and accruals||(6,775)|(1,896)|(8,671)|(5,703)| |Net Current Assets||84,996|(13,885)|71,111|103,862| |Net Assets||84,996|1,017,782|1,102,778|1,211,986| |Capital Funds|||||| |Permanent|endowments|0|1,017,782|1,017,782|1,077,027| |Income Funds|||||| |Unrestricted||84,996|0|84,996|134,959| |||84,996|1,017,782|1,102,778|1,211,986| ## ## ## ## ## ## |2|Fixed Asset Investments|Fixed Asset Investments|Fixed Asset Investments|||2020|2019|| |---|---|---|---|---|---|---|---|---| ||Quoted Investments|||||Total|Total|| ||||||||2|| ||Market value at I January|||||1,108,124|1,004,143|| ||Add acquisitions
at cost|||||189,000|190,287|| ||Less disposals|||||(213,229)|(196,841)|| ||Realised (losses) I gains|||||(13,988)|7,680|| ||Movement
of unrealised||(losses) I gains|||(37,608)|103,069|| ||Fees|||||(503)||| ||Equalisation|||||(129)|(214)|| ||Market value at 31 December|||||1,031,667|1,108,124|| ||Historical cost at 1 January|||||990,831|988,324|| ||Add acquisitions
at cost|||||189,000|190,287|| ||Less disposals|||||(213,229)|(196,841)|| ||Realised gains|||||13,031|9,275|| ||Fees|||||(502)||| ||Equahsation|||||(129)|(214)|| ||Historical cost at 31|December||||979,002|990,831|| ||Individual
investment|holdings||in excess of5%|of the total portfolio||value are.|| ||UK unit trusts||Artemis FD managers||global|||67,643| ||||Majedie asset management|||income||61,666| ||||BNY Mellon FD manager|||||64,731| ||||Pimco|Global||||52,626| ||||JP Morgan
Funds|||||75,902| ||||Marian|GBL US equity||||60,686| |||||||||383,254| ## ## ## ## ##