2020-12-31-accounts

			Page
Significant	information
Trustees' report			2-4
Statement	of Trustees'	responsibilities
Independent	auditors'	report	6-8
Statement	offinancial	activities
Balance sheet			10
Cash flow	statement
Notes to the accounts			12 —18

					General Endowment	General Endowment	Total	Total
					funds	funds	2020	2019
				Notes	f	f	f	f
co e wme
Donations and legacies								300
Investment Income					89,346		89,346	117,962
					89,346		89,346	118,262
Endowment funds withdrawn		as income			30,000		30,000
Total income					119,346		119,346	118,262
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Costs of raising funds
Investment management	costs					26,241	26,241	27,111
Expenditure on charitable		activities
Grants to individuals 8 administration			costs		121,955		121,955	122,296
Endowment funds withdrawn		as income				30,000	30,000
Donations					6,000		6,000	6,000
Cost of grant making					127,955	30,000	157,955	128,296
Total expenditure					127,955	56,241	184,196	155,407
Net income / (expenditure)		before gains		/ (losses) on
investments					(8,609)	(56,241)	(64,850)	(37,145)
Gains on investment assets						37,005	37,005	492,420
Net movement In funds					(8,609)	(19,236)	(27,845)	455,275
Fund balances at 1 January		2020			63,577	3,937,856	4,001,433	3,546,158
Fund balances at 31 December 2020					54,968	3,918,620	3,973,588	4,001,433

				2020		2019
			Notes	6
Fixed assets
Investments			10		3,909,232	3,928,843
Current assets
Debtors				3,918		4,207
Cash at bank and in	hand			70,375		78,695
				74,293		82,902
Creditors; amounts	falling	due within
one year			12	(9,937)		(10,312)
Net current assets					64,356	72,590
Total assets less current		liabilities			3,973,588	4,001,433
The funds ofthe charity
Endowment funds					3,918,620	3,937,856
Income funds
General funds					54,968	63,577
					3,973,588	4,001,433

			2020		2019
			6		6
Reconciliation of net movement in funds to
net cash flow from operating activities
Net movement in funds			(27,845)		455,275
Deduct investment income			(89,346)		(117,962)
Deduct donations received					(300)
Deduct gains/add losses on	investments		(37,005)		(492,420)
Decrease/(increase) in debtors			289		926
(Decrease)/increase in creditors			(375)		472
Net cash used in operating	activities		(154,282)		(154,009)
Cash flows from Investing	activities
Dividends and interest		89,346		117,962
Withdrawal from permanent	endowment	30,000
Proceeds from investment sales, net of
purchases and cash retained in portfolio		26,616	145,962	26,938	144,900
Changes in cash and cash equivalents
in the year			(8,320)		(9,109)
Cash and cash equivalents	brought forward		78,695		87,804
Cash and cash equivalents	carried forward		70,375		78,695

		2020f	2019f
Income	from listed Investments	89,333	117,880
Interest	receivable	13	82
		89,346	117,962

5	Expenditure
					2020	2019
						f
	Costs of raising funds
	Investment	management	costs		26,241	27,111
	Expenditure	on charitable		activities
	Beneficiary	payments			84,010	84,240
	Support costs (note 5)				37,945	38,056
	Total				121,955	122,296
	Endowment	funds withdrawn		as income	30,000
	Donations				6,000	6,000
					157,955	128,296
					184,196	155,407

6	Donations
					2020 6	2019f
	Kids Yorkshire and	the Humber			750	600
	Alcohol and drugs	service				600
	Daisy HEY Medical	Centre				600
	Hull Minster					600
	HullYFC					600
	Forget Me Not					600
	St. Mary's College					600
	Hessle Open Gateway					600
	EMS					600
	Sight and Support	Hull &East Riding			750	600
	CatZero Ltd				750
	Artllnk Centre				750
	St. Mary's College	/ St.Anthony's	Go,Grow	Play	750
	HEY Breast Friends				750
	Teenage Cancer				750
	Open Doors Hardship				750
					6,000	6,000
7	Support costs
					2020	2019
					6
	Pensions re former employees				7,991	8,206
	Management and	administration	fees		26,000	26,000
	Governance costs				3,954	3,850
					37,945	38,056
	All support costs are attributable		to General	Funds.

				Fixed Interest	UK Equities	Overseas	Cash	Total
						Equities
				6	6	E	8
Market value at	1	January
2020				1,117,023	1,531,708	1,192,779	87,333	3,928,843
Disposals at opening			book
value				(392,516)	(244,284)			(636,800)
Acquisitions at cost				422,842	67,163	78,675		568,680
Change In value	in the year			15,911	(109,707)	132,461	9,844	48,509
Market value at		31
December 2020				1,163,260	1,244, 880	1,403,915	97,177	3,909,232
The investment	assets are			held:
In the UK				806,848	1,244,880	169,488	97,177	2,318,393
Outside the UK				356,412		1,234,427		1,590,839
				1,163,260	1,244,880	1,403,915	97,177	3,909,232
Historical cost:
At 31 December		2020		1,121,770	729,190	803,439	97,177	2,751,576
At 31 December		2019		1,129,627	815,064	743,526	87,333	2,775,550
Endowment funds				1,163,260	1,244,880	1,403,915	97,177	3,909,232
General funds
				1,163,260	1,244, 880	1,403,915	97,177	3,909,232

11	Debtors						2020	2019
							f	f
	Other debtors						3,605	3,946
	Prepayments and accrued income						313	261
							3,918	4,207
12	Creditors: amounts		falling due within one year				2020 F.	2019 f
	Accruals						9,937	10,312
13	Analysis of net assets between			funds
						General	Endowment	Total
						funds	funds
						f	f.
	Fund balances	at 31 December 2020 are represented			by:
	Investments						3,909,232	3,909,232
	Current assets					58,207	16,086	74,293
	Creditors: amounts		falling due within one year			(3,239)	(6,698)	(9,937)
						54,968	3,918,620	3,973,588
	IJnrealised gains Included above:
	On investments						38,665	38,665
							38,665	38,665
	Reconciliation	ofgains on investment assets:
	On disposals in the		year				(1,660)	(1,660)
	On the revaluation of investments			held at the year end			38,665	38,665
	Total gains for	the year					37,005	37,005

14	Reconciliation of net cash flow to movement	Reconciliation of net cash flow to movement	in net funds	2020	2019
				5	6
	Decrease	ln cash		(8,320)	(9,109)
	Net funds	at 1 January 2020		78,695	87,804
	Net funds	at 31 December 2020		70,375	78,695