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||||||||||Restricted|Permanent|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Income|Endowment|Funds|Funds|
|||||||||Notes|Funds|Funds|2020|2019|
||||||||||(Note 2)||||
|Incoming resources|||||||||||||
|Incoming resources|from|generated||||funds|||||||
|Investment<br>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<br>management||||costs|||||||||
|Insurance|||||||||419||419|421|
|Investment<br>managers|||fees|||||||5,670|5,670|5,687|
||||||||||419|5,670|6,089|6,108|
|Charitable<br>activities|||||||||||||
|Local trustees'<br>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<br>grants to||individual||||students|||2,000||2,000|2,500|
||||||||||37,628||37,628|40,387|
|Governance<br>costs|||||||||||||
|Clerks' fees (incl disbursements)|||||||||9,455||9,455|9,372|
|Accountancy 0independent||||examination|||||3,330||3,330|3,150|
|Sundries<br>(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<br>gains 8 losses|||||||||||||
|Realised gain on|investments|||||||||(19,783)|(19,783)|8,691|
|Unrealised<br>(loss)/gain||on revaluation<br>ofinvestments||||||4||109,331|109,331|206,776|
||||||Net|movement|in funds||2,052|83,878|85,930|212,461|
|Reconciliation<br>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|





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|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<br>in the|land and this has been valued<br>in the|land and this has been valued<br>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<br>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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