##
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|||Mr D N Shoesmith|Mr D N Shoesmith|(Chairman)|(Chairman)||
|---|---|---|---|---|---|---|
|||Mrs M A Neill (Deputy|||Chairman)||
|||Mrs J M Cramar|||||
|||Mrs E M Swayne|||||
|||Mr W Moore|||||
|||Mrs AWiggins|||||
|||Mra M E McHugh|||||
|||Mrs E Shoesmith|||||
|||Mrs J Codrington|||||
|||Mrs C Maore|||||
|Clerk to the|Trustees|Emma Legdon|||||
|Charity number||227469|||||
|Principal address||The Hart Shaw|Building||||
|||Europe Link|||||
|||Sheffield Business||Park|||
|||Sheffield|||||
|||S9 1XU|||||
|Independent|examiner|Jane Marshall
FCA DChA|||||
|||BHP LLP|||||
|||2 Rutland
Park|||||
|||Sheffield|||||
|||S102PD|||||
|Bankers||National Westminster|||Bank Pic||
|||City of London Office|||||
|||1 Princes Street|||||
|||London|||||
|||EC2R8BP|||||
|Solicitors||HLW Keeble Hawson|||||
|||Commercial
House|||||
|||14Commercial|Street||||
|||Sheflield|||||
|||S1 2AT|||||
|Investment|advisors|Investec Wealth|ft|Investment||Limited|
|||Beech House|||||
|||61 Napier Street|||||
|||Sheiffeld|||||
|||S11BHA|||||
##
||||Page|
|---|---|---|---|
|Trustees'|report||1-4|
|Independent
examiner's||report||
|Statement|of financial activities||6-7|
|Balance|sheet|||
|Notes to|the accounts||9-21|
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|||||Unrestricted
Unrestricted|Unrestricted
Unrestricted|Endowment|Total|Unrestricted|Unrestricted|Endowment|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds|funds||funds|funds|funds||
|||||general|designated|||general|designated|||
|||||2020|2020|||2019|2019|2019|2019|
||||Notes|6|6|||8|8|6|6|
|In
n
n|n|f||||||||||
|Charitable
activities||||||||||||
|Investment
income|||2|72,991|3,042||76,033|86.707|3.612||90,319|
|Other income|||3|107|||107|206|||206|
|Total Income||||73,098|3,042||76,140|86.913|3.612||90,525|
|Raising funds|||4|14,845|||14,845|16.035|||16,035|
|Charitable
activities|||5|32,298|257||32,555|52,454|957||53,411|
|Total expenditure||||47,143|257||47,400|66,489|957||69,446|
|Net (losses)/gains|on investments||9|(0,606)|(5,286)|(120,242)|(132,134)|6,287|8,288|190,604|207,179|
|Net incoming/(outgoing)||resources before||||||||||
|transfers||||19,349|(2,501)|(120,242)|(103,394)|26,711|10,943|190,604|228,258|
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|||||Unrestricted
Unrestricted|Unrestricted
Unrestricted|Endowment|Total|Unrestricted|Unrestricted|Endowment|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds|funds||funds|funds|funds||
|||||general|designated|||general|designated|||
|||||2020|2020|||2019|2019|2019|2019|
||||Notes|8|8|||8|8|Fc|Fc|
|Net Incorningl(outgoing)||resources before||||||||||
|transfers||||19,349|(2,$01)|(120,242)|(103,394)|26.711|10,943|190,604|228,258|
|Gross transfers|between funds||16|(18,390)|18,390|||(14,237)|14,237|||
|Net movement|In funds|||959|18,889|(120,242)|(103,394)|12.474|25.180|190,604|228,258|
|Fund balances|at 1 January|2D2D||106,973|248,010|3,098,240|3,453,223|94,499|222,830|2,907,636|3,224,965|
|Fund balances|at 31December 2020|||107,932|263,899|2,977,998|3,349,829|106,973|248,010|3,096,240|3,453,223|
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||||||||2020||2019|
|---|---|---|---|---|---|---|---|---|---|
|||||||Notes||||
|Fixed assets||||||||||
|Tangible assets||||||10||1,380,041|1.3M,041|
|Investments||||||11||1,839,230|1,986,209|
|||||||||3,199,271|3.346,250|
|Current assets||||||||||
|Debtors||||||13|2,939||3,252|
|Cash at bank and||in|hand||||161,350||114,117|
||||||||154,289||117,369|
|Creditors: amounts|||falling||due within|14||||
|one year|||||||(13,731)||(10,396)|
|Net current assets||||||||150,558|106,973|
|Total assets less||current||liabilities||||3,349,829|3,453,223|
|Funds||||||||||
|Permanent
endowment||||||||||
|Permanent|endowment||||funds||2,002,998||2,123,24D|
|Revaluation||reserve|||||975,000||975,DDD|
|||||||15||2,977,998|3,098,240|
|Unrestricted
funds||||||||||
|Designated||funds||||16|263,899||248,010|
|General
unrestricted||||funds|||107,932||106,973|
|||||||||371,831|364,983|
|Total charity funds||||||fa||3,349,829|3,453,223|
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||Unrestricted|Unrestricted|Total|Unrestricted|Unrestricted|Total|
|---|---|---|---|---|---|---|
||funds|funds||funds|funds||
||general|designated||general|designated||
||2020|2020||2019|2019|2019|
||6|6|||||
|Income from listed|||||||
|investments|72,991|3,042|76,033|86,707|3,612|90,319|
||||2020|2D19|
|---|---|---|---|---|
|||||6|
|Other Income|||107|206|
|Raising funds|||||
||||2020|2D19|
||||g|6|
|Investment|management|fees|14,845|16,D35|
##
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|Charitable
activities|||||||
|---|---|---|---|---|---|---|
||Costs ofGovernance||Total|Costs ofGovernance||Total|
||charitable|costs||charitable|costs||
||acthritiea|||activities|||
||2020||2020|2019||2019|
|||||0|||
|Light and heat|19,818||19,818|22,424||22,424|
|Rates and vrater|5,647||5,647|3,256||3,256|
|Repairs and renewals|20,D41||20,D41|23,435||23,435|
|Cleaning
and sunddes|2,544||2,544|2,340||2,340|
|Garden|2,898||2,898|3,864||3,864|
|General insurance|2,310||2,310|2,217||2,217|
|Trustee
indemnity|||||||
|insurance|291||291|291||291|
|Telephone|69||69|(7)||(7)|
|Less: Residents'|||||||
|oontributions|(44,928)||(44,928)|(41,985)||(41,985)|
|Clerk to the Trustees' fee||14,910|14,910||15,300|15,300|
|Travel expenses|||||||
|reimbursed
to Trustees|||||50|50|
|Independent
examiner's|||||||
|fee||1,542|1,542||1,452|1,452|
|Burveyors' fees||6,979|6,979||19,303|19,303|
|Bank charges||177|177||223|223|
|Other charitable|||||||
|expenditure|||||291|291|
||8,69D|23,608|32,298|15,835|36,619|52,454|
|Grant funding of activities|||||||
|(see note 6)|257||257|||957|
||8,947|23,608|32,555|16,792|36,619|53,411|
|Analysis
by fund|||||||
|Unrestricted
funds-|||||||
|general|8,69D|23,608|32,298|15,835|36,619|52,454|
|Unrestricted
funds-|||||||
|designated|257||257|957|||
||8,947|23,608|32,555|16,792|36,619|53,411|
|Grants payable|||||||
||||||2020|2019|
||||||f||
|Grants to individuals|||||257||
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||||Unrestrfoted
Unrestrfoted|Unrestrfoted
Unrestrfoted|Endowment|Total|Unrestttoted|Unresttioted|Endowment|Total|
|---|---|---|---|---|---|---|---|---|---|---|
||||funds|funds|funds||funds|funds|funds||
||||general|des igna ted|||general|designated|||
||||2020|2020|||2019|2019|2019|2019|
||||E|E|||||||
|Revaluation|of|investments|(1,402)|(1,122)|(25,518)|(28,042)|7,708|7,708|177,283|192,699|
|Gain/(loss)|on|sale of investments|(5,204)|(4,164)|(94,724)|(104,092)|579|580|13,321|14,480|
||||(6,606)|(5,286)|(120,242)|(132,134)|8,287|8,288|190,604|207,179|
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|10|Tangible fixed assets|||
|---|---|---|---|
||||Freehold properties|
||Land and buildings
at|Whirlow|1,350,000|
||Wood and plantations||5,000|
||Miscellaneous
ground|rents|41|
||Land adjacent to 4 Whinfeg Cottages||5,000|
||At 1January 2020 and at 31December 2020||1,350,041|
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|Movements|in fixed as|set investments|||
|---|---|---|---|---|
||||2020|2019|
||||6||
|Market value|at 1 January 2020||1,979,710|1,790,879|
|Disposals at|opening
book value||(488,$5$)|(234,032)|
|Acquisitions|at cost||370,892|230,164|
|Change
in value in the year|||(28,042)|192,699|
||||1,833,904|1,979,710|
|Cash held by investment||advisors|5,326|6,499|
|Market value at 31December 2020|||1,839,23D|1,986,209|
|Investments|at market value||2020|2019|
||||6||
|Fixed interest|||446,37D|367,669|
|Equities|||1,387,534|1.612,041|
|Cash held by investment||advisors|5,32$|6,499|
||||1,839,230|1,986,209|
|There are no i|There are no i|nvestments|which represent
over 5'fo ofthe p|orffogo. Ag investments
are listed.||
|---|---|---|---|---|---|
|Geographical||analysis of|investments|2020|2019|
|||||6|5|
|United|Kingdom|||1,032A87|1,251,961|
|United|States|||196,208|188,083|
|Europe||||61,618|113,589|
|Other||||543,591|426,057|
|||||1,833,904|1,979,710|
|Cash held by investment|||advisors|5,325|6,499|
|||||1,839,230|1.986,209|
|Historical cost||||1,603,576|1.659,140|
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|12|Financial instruments|Financial instruments||||||2020|2019|
|---|---|---|---|---|---|---|---|---|---|
||Carrying
amount|of|financial||assets|||||
||Debt instruments|measured||at arnortised||cost||161,652|117,369|
||Equity instruments|measured|||at fair value through||income and expenditure|1,839,230|1,986,209|
|||||||||2,000,882|2,103,576|
||Carrying
amount|of|financial||liabilities|||||
||Measured at amortlsed
cost|||||||13,731|10,396|
|13|Debtors|||||||||
|||||||||2020|2019|
||Amounts
falling|due|within||one year:|||6||
||Other debtors|||||||302|302|
||Prepayments
and|accrued income||||||2,637|2,950|
|||||||||2,939|3,252|
|14|Creditorsi
amounts||falling|due within one year||||||
|||||||||2020|2019|
||Other taxation and social security||||||||775|
||Trade creditors|||||||5,215|2,692|
||Aocruals and deferred||income|||||8,516|6,929|
|||||||||13,731|10,396|
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||||Movement|in funds||||Movement|in funds||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Balance at|Incoming|Resources|Transfers|Inveslmenls|Balance at|Incoming|Resources|Transfers|Inveelrnents||Balance at|
||1January sa1S|resources|expsiullnl||gains/tissues)1|January 2asa|resources|expended||gainsltlossss)||31Oscsrntrsr|
|||||||||||||2820|
||||||||||||8||
|Permanent|endowments||||||||||||
|Main Investment|||||||||||||
|Fund|1.070,831||||132,594|1,203,425|||(83.244j|||1,120,181|
|Capital Fund|394,041|||||394,041||||||394,041|
|Ellen Carter|||||||||||||
|Fund|||||56,010|525,774|||(36.998j|||488,776|
|Revaluation|||||||||||||
|reasfve|975,000|||||975,060||||||975,060|
||2,907,636||||190,604|3,898,240|||(120,242)|||2,977,998|
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|||||||Movement|in funds|||||Movement|in funds|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Balance at|Incoming|Resouroes|Transfers|Invesun|en to|Balance at|Incoming|Resouroes|Transfers|Investrnsnts|Balance at|
||||1|January 2019|resources|expended||garnslksses||1January 2090|luso lrroes|expended||g sin el losses|91Decerneer
2090|
||||||||||||||||6|
|Extraordinary||||||||||||||||
|Repair|Fund|||31,618||||||36,518|||||41,598|
|Cydical||||||||||||||||
|Maintenance||||||||||||||||
|Fund||||62,626|||8,020|||70,646|||8,310||78,956|
|Redevelopment||||||||||||||||
|Fund||||76,553|||1,317|||77,870|||5.000||82,870|
|Hafiis||||||||||||||||
|Educational||||||||||||||||
|Foundation||Fund||25,726|1,806|||4,144||31,676|1,521|||(2,643)|30,554|
|Jaaeph|Frith|||||||||||||||
|Charity|Fund|||26,307|1,806|(957)||4,144||31,300|1,521|(257)||(2,643)|29,921|
|||||222,830|3,612|(957)|14,237|8,288||248,010|3,042|(257)|18,390|(5,286)|263,899|
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||||General|Designated|Permanent|Total|General fund|Designated|Permanent||
|---|---|---|---|---|---|---|---|---|---|---|
||||fund|fund|endowment|||fund|endowment||
||||2929|2929|2929|2929|2019|2019|2019|2019|
||||8|8|8|8|E|E|E||
|Fund balances at 31 December 2020 are|||||||||||
|represented||by:|||||||||
|Tangible|assets||||1,380,941|1,380,941|||1,360,041|1,360,041|
|Investments||||221,273|1,617,957|1,839,239||248,010|1,738,199|1,986,209|
|Current|assets/(liabilities)||107,932|42,626|-|150,558|106.973|-|-|106,973|
||||107,932|263,899|2,977,998|3,349,829|106,973|248,010|3,098,240|3,453,223|
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