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|---|---|---|---|
|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|
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||||||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funds withdrawn||as income|||30,000||30,000||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|
|mEtgnfLitggg|||||||||
|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funds withdrawn||as income||||30,000|30,000||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|
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|||||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|
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||||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|
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|||2020f|2019f|
|---|---|---|---|
|Income|from listed Investments|89,333|117,880|
|Interest|receivable|13|82|
|||89,346|117,962|
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|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|
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|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.|||
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|||||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|
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|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|
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|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|
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