2020-12-31-accounts

									Restricted	Permanent	Total	Total
									Income	Endowment	Funds	Funds
								Notes	Funds	Funds	2020	2019
									(Note 2)
Incoming resources
Incoming resources	from	generated				funds
Investment income
COIF									32,283		32,283	32,304
Rathbones									20,307		20,307	23,524
Bank interest									49		49	94
Farm land rent									1,000		1,000	1,000
				Total incoming			resources		53,639		53,639	56,922
Resources expended
Costs ofgenerating	funds
Investment management				costs
Insurance									419		419	421
Investment managers			fees							5,670	5,670	5,687
									419	5,670	6,089	6,108
Charitable activities
Local trustees' distributions									25,038		25,038	23,587
Central trustees'	grants		ft	donations
Welfare distributions			to institutions						1,400		1,400	2,660
Grants to local schools									9,190		9,190	11,640
Education grants to		individual				students			2,000		2,000	2,500
									37,628		37,628	40,387
Governance costs
Clerks' fees (incl disbursements)									9,455		9,455	9,372
Accountancy 0independent				examination					3,330		3,330	3,150
Sundries (incl Trustees'		meetings)							755		755	911
									13,540		13,540	13,433
				Total		resources expended			51,587	5,670	57,257	59,928
Net incoming/(outgoing)		resources				before other			2,052	(5,670)	(3,618)	(3,006)
				recognised gains 0losses
Other recognised gains 8 losses
Realised gain on	investments									(19,783)	(19,783)	8,691
Unrealised (loss)/gain		on revaluation ofinvestments						4		109,331	109,331	206,776
					Net	movement	in funds		2,052	83,878	85,930	212,461
Reconciliation offunds
Total funds brought	forward								64,628	1,791,261	1,855,889	1,643,428
			Total		funds carried forward				66,680	1,875,139	1,941,819	1,855,889

					Notes	2020		2019
								E
Fixed Assets
Investments
Freehold	land						73,625		73,625
Other investments							1,805,249		1,721,371
		Total fixed assets					1,878,874		1,794,996
Current Assets
Cash at bank						66,949		64,707
		Total current assets				66,949		64,707
Liabilities
Creditors:	Amounts			falling due
		within	one year		7	(4,004)		(3,814)
		Net current assets					62,945		60,893
		Net assets					1,941,819		1,855,889
The Funds		of the	charity
Endowment		fund					1,875,139		1,791,261
Restricted		income	funds:
Estate of		mixed	account (Incl. local
Trustees'		funds)				44,287		44,100
Welfare	fund					4,569		3,985
Lathom	educational			foundation		17,824		16,543
							66,680		64,628
							1,941,819		1,855,889

Analysis of	Income	Fund	s
				Estate or	Lathom	Welfare	Total
				Mixed	Educational	Fund
				Account	Foundation
Income				53,639	0	0	53,639
Investment	management		costs	(419)			(419)
Charitable	activities			(25,038)	(11,190)	(1,400)	(37,628)
Governance	costs			(13,540)			(13,540)
Net Income				14,642	(11,190)	(1,400)	2,052
Transfers between		funds		(14,455)	12,471	1,984
Funds b/fwd				44,100	16,543	3,985	64,628
Funds c/fwd				44,287	17,824	4,569	66,680

Unreal	ised	gain and (losses)
			2020	2019
			E	E
Other	Investments		109,331	206,776
			109,331	206,776
Freehold		land and buildings	2020	2019
			E	E
Charity	Farm Land		73,625	73,625
			73,625	73,625

The Charity owns 14.73acres ofagricultural	The Charity owns 14.73acres ofagricultural	land and this has been valued in the	land and this has been valued in the	land and this has been valued in the	Balance Sheet	Balance Sheet
at E73,625 by the Trustees	in 2010.The trustees still		consider this	to be a reasonable		valuation.
Other Investments		Charities	Official	Rathbones		Total
		Investment		Portfolio
			Fund
			E	E		E
Market value as at 31 December 2019			1,005,185	716,186	1,721,371
Additions				105,261		105,261
Disposal proceeds				(101,118)	(101,118)
Net cash movement				(9,813)		(9,813)
Reaiised (loss)				(19,783)		(19,783)
Unrealised profit			54,513	54,818		109,331
Market value as at 31 December 2020			1,059,698	745,551	1,805,249
Cost as at 31 December 2020			144,415	577,474		721,889

7.	Creditors:	amounts	falling due within one year	2020	2019
				E	E
	Accruals			4,004	3,814
				4,004	3,814
8.	Analysis of	Net Assets by Fund

Analysis of	Net Assets by Fund
		Restricted	Permanent	Total
		Income	Endowment
		Funds
		E
Fixed Asset	Investment		1,878,874	1,878,874
Net Current	Assets	66,680	(3,735)	62,945
		66,680	1,875,139	1,941,819

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