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|Reference and Administrative|Reference and Administrative|Details||
|---|---|---|---|
|Trustees' Report|||2 to 9|
|Independent
Auditors'|Report||10to 12|
|Statement ofFinancial|Activities||13to 14|
|Balance Sheet|||15|
|Cash Flow Statement|||16|
|Notes to the Financial|Statements||17to 28|
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||||||||Unrestricted|Total|
|---|---|---|---|---|---|---|---|---|
||||||||funds|2020|
|||||||Note|||
|Income and Endowments||from:|||||||
|Donations
and legacies|||||||572,149|572,149|
|Investment
income|||||||863,909|863,909|
|Total Income|||||||1,436,058|1,436,058|
|Expenditure
on:|||||||||
|Raising funds||||||5|(93,718)|(93,718)|
|Charitable
activities||||||4|(2,144,134)|~(2,144 134|
|Total Expenditure|||||||2,237,852|~2,237.332)|
|Net income/(expenditure)||before|gains/posses)||on investments||801,794|(801,794)|
|Realised gains/losses
on investment
assets
Unrealised
gains/(losses)
on investment
assets|||||||(1,305,624)
~(7),727)|(1,305,624)
(171,720)|
|Net movement
in funds|||||||(2,279,138)|(2,279,138)|
|Reconciliation
offunds|||||||||
|Total funds brought|forward||||||38,087,260|38,087,260|
|Total funds carried|forward||||||35,808,122|35,808,122|
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|||||||Unrestricted|Total|
|---|---|---|---|---|---|---|---|
|||||||funds|2019|
||||||Note|||
|Incorue and Endowments|from:|||||||
|Donations
and legacies||||||541,442|541,442|
|Other trading activities||||||221,059|221,059|
|Investment
income||||||1,144,618|1,144,618|
|Total Income||||||1,907,119|1,907,119|
|Expenditure
on:||||||||
|Raising funds|||||5|(382,987)|(382,987)|
|Charitable
activities|||||6|(2,005,231)|(2,005,231)|
|Total Expenditure||||||(2,388,218)|(2,388,218)|
|Net income/(expenditure)|before|gains/(losses)||on investments||~481,099|~481,tl99|
|Realised gains/losses
on investment||assets||||117,349|117,349|
|Unrealised
gains/(losses)|on investment||assets|||3,248,509|3,248,509|
|Net movement
in funds||||||2,884,759|2,884,759|
|Reconciliation
offunds||||||||
|Total funds brought
forward||||||35,202,501|35,202,501|
|Total funds carried forward|||||16|38,087,260|38,087,260|
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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
||||||Note|||
|Cash flotvs from operating|activities|||||||
|Net cash (expenditure)/income||||||(2,279,138)|2,884,759|
|Adjustments
to cash flows from non-cash|||items|||||
|Depreciation
and impairment||||||24,278|24,196|
|Investment
income|||||4|(863,909)|(1,144,618)|
|Revaluation
ofinvestments
Loss on disposal offixed assets held for the|||charity's|own use||171,720
239|(3,248,509)
~634|
|||||||(2,946,810)|(1,484,206)|
|Working capital adjustments||||||||
|Decrease/(increase)
in debtors
Increase/(decrease)
in creditors|||||13
14|116,171
89,002|(470,417)
~332,849|
|Net cash flows fiom operating||activities||||~62,743,637|~33,967,472|
|Cash flotvs from investing
activities||||||||
|Interest receivable
and similar||income|||4|15,333|15,068|
|Purchase oftangible
fixed assets|||||11|(6,270)|(26,785)|
|Sale oftangible
fixed assets||||||586,677|435,742|
|Purchase ofinvestments|||||12|(4,824,688)|(2,365,974)|
|Sale ofinvestments||||||5,651,561|1,394,015|
|Income fiom dividends||||||848,576|1,129,550|
|Net cash flows from investing||activities||||2,271,189|581,616|
|Net decrease in cash and cash|equivalents|||||(470,448)|(1,385,856)|
|Cash and cash equivalents
at|I|January||||1,625,001|3,010,857|
|Cash and cash equivalents
at 31December||||||1,154,553|1,625,001|
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||||||||Unrestricted|||
|---|---|---|---|---|---|---|---|---|---|
||||||||funds|||
|||||||||Total|Total|
||||||||General|2020|2019|
|Donations||and legacies;||||||||
||Donations||fiom|individuals|||||2,453|
||Legacies||||||||8,475|
|Gifts - Covenanted||||pensions|and|salaries|572,149|572,149|530,514|
||||||||572,149|572,149|541,442|
|3|Income||from|other trading||activities||||
|||||||||Total|Total|
|||||||||2020f|2019|
|Trading income;||||||||||
||Residential||care|home fees|||||221,059|
||||||||||221,059|
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||||Unrestricted|||
|---|---|---|---|---|---|
||||funds|||
|||||Total|Total|
||||General|2020|2019|
|Income &om dividends;||||||
||Income &om listed investments||762,028|762,028|1,032,090|
||Income I'rom other unlisted|investments|86,548|86,548|97,460|
|Interest receivable
and similar income;||||||
||Interest receivable on bank|deposits|1,048|1,048|4,197|
||Other interest receivable||14,285|14,285|10,871|
||||863,909|863,909|1,144,618|
|5|Expenditure
on raising funds|||||
|a) Costs o|ftrading activities|||
|---|---|---|---|
|||Total|Total|
|||2020|2019|
|Wages and|salaries||167,135|
|StaffNIC|||11,579|
|Staffpensions|||2,894|
|Stafftraining|||4,293|
|Rates|||720|
|Water rates|||2,566|
|Light and heat|||11,298|
|Insurance|||5,439|
|Recreational|facilities||1,753|
|Repairs and|maintenance||45,768|
|Telephone|||1,994|
|Household|and provisions||13,898|
|Hire ofequipment|||6,069|
|Printing,
postage and stationery|||1,410|
|Medical supplies|||1,366|
|Advertising|||341|
||||278,523|
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||||||||Unrestricted|||
|---|---|---|---|---|---|---|---|---|---|
||||||||funds|||
|||||||||Total|Total|
||||||||General|2020|2019|
|Other investment|||management|||costs;||||
||Costs of|obtaining||investment||advice|93,718|93,718|104,464|
||||||||93,718|93,718|104,464|
|||||||||Total|Total|
||||||||Direct costs|2020|2019|
||||||||f||f|
|Costs oftrading|||activities||||||278,523|
|Investment||management|||costs||93,718|93,718|104,464|
||||||||93,718|93,718|382,987|
|6|Expenditure||on|charitable||activities||||
||||||||Unrestricted|||
||||||||funds|||
|||||||||Total|Total|
||||||||Geaeral|2020|2019|
|Charity
and||donations|||||526,217|526,217|649,510|
|Grant funding ofactivities|||||||44,000|44,000|47,000|
|Allocated support|||costs||||323,896|323,896|41,221|
|Governance||costs|||||1,250,021|1,250,021|1,267,500|
||||||||2,144,134|2,144,134|2,005,231|
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|||Activity|||
|---|---|---|---|---|
|||undertaken|Total|Total|
|||directly|2020|2019
f|
|Grants paid||44,000|44,000|47,000|
|Charity
and donations||526,217|526,217|649,510|
|Bank charges||||235|
|Motor and travel expenses||||1,513|
|General expenses||||3,308|
|Legal and professional|fees|||2,709|
|Loss on disposal offixed assets||323,896|323,896|33,456|
|||894,113|894,113|737,731|
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|||||Unrestricted|||
|---|---|---|---|---|---|---|
|||||funds|||
||||||Total|Total|
|||||General|2020f|2019|
|Staff costs|||||||
|Wages and|salaries|||666,545|666,545|628,870|
|Social security||costs||49,612|49,612|47,085|
|Pension costs||||9,060|9,060|8,813|
|Audit fees|||||||
|Audit and|accountancy||fees|20,466|20,466|25,020|
|Legal fees||||35,349|35,349|52,143|
|Depreciation,|amortisation||and other similar costs|24,516|24,516|24,162|
|Other governance||costs||444,473|444,473|481,407|
|||||1,250,021|1,250,021|1,267,500|
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|||2020f|2019
f|
|---|---|---|---|
|Staffcosts during|the year were:|||
|Wages and salaries||666,545|628,870|
|Social security costs||49,612|47,085|
|Pension costs||9,060|8,813|
|||725,217|684,768|
|the year expre|ssed
as full time equivalents
was as fo|llows;||||
|---|---|---|---|---|---|
|||2020||2019||
|||No||No||
|Management|staff||6||6|
|Administration|staff||14||8|
|Domestic staff|||Il||13|
|Care staff|||13||13|
||||44||40|
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|11 Tangible fixed assets|||||
|---|---|---|---|---|
||Land and|Furniture
and|Motor||
||buildings|equipment
f|vehicles
f|Total
f|
|Cost|||||
|At 1 January 2020|6,624,135|361,949|137,486|7,123,570|
|Additions
Disposals|~583.605|6,270
(16,315)|(11,086)|6,270
(611,006)|
|At 31December 2020|6,040,530|351,904|126,400|6,518,834|
|Depreciation|||||
|At
1 January 2020||255,237|103,899|359,136|
|Charge for the year
Eliminated
on disposals||16,001
~33,485|8,277
~30,605|24,278
~24,090|
|At 31December 2020||257,753|101,571|359,324|
|Net book value|||||
|At 31December 2020|6,040,530|94,151|24,829|6,159,510|
|At 31December 2019|6,624,135|106,712|33,587|6,764,434|
|12 Fixed asset investments|||||
||||2020|2019|
||||f|f|
|Other investments|||28,182,884|29,181,477|
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|Other investments||||
|---|---|---|---|
||l.isted|Unlisted||
||investments|investments|Total|
|Cost or Valuation||||
|At
1 January 2020|26,030,691|3,150,786|29,181,477|
|Revaluation|(701,972)|530,252|(171,720)|
|Additions|4,676,213|148,475|4,824,688|
|Disposals|(5,651,561)||~5,651,561)|
|At 31 December 2020|24,353,371|3,829,513|28,182,884|
|Net book value||||
|At 31December 2020|24,353,371|3,829,513|28,182,884|
|At 31 December 2019|26,030,691|3,150,786|29,181,477|
|Significant
holdings||||
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|13 Debtors||||
|---|---|---|---|
|||2020|2019|
|Trade debtors||1,164|1,164|
|Prepayments||68,542|137,831|
|Other debtors||425,322|472,204|
|||495,028|611,199|
|Debtors includes f393,321(2019:f429,333)receivable|after more than one year.|||
|||2020|2019|
||||f|
|Other debtors||393,321|429,333|
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|14 Creditors:|amounts
falling due within
one year|||
|---|---|---|---|
|||2020|2019|
|Other taxation|and social security|10,996|14,696|
|Other creditors||832|578|
|Accruals||172,025|79,577|
|||183,853|94,851|
##
|16 Funds|||||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at 1|||Other|31|
|||January|Incoming|Resources|recognised|December|
|||2020f|resources|expended
f|gains/(tosses)
f|2020|
|Unrestricted|funds||||||
|General||38,087260|1436058|~02237, 852|3)477344)|35,81)8,122|
##
|||Unrestricted||
|---|---|---|---|
|||funds||
|||General|Total funds|
|||f||
|Tangible|fixed assets|6,159,510|6,159,510|
|Fixed asset investments||28,182,884|28,182,884|
|Current
Current|assets
liabilities|1,649,581
(183,853)|1,649,581
~)83,853)|
|Total net assets||35,808,122|35,808,122|
##
|18 Analysis ofnet funds||||
|---|---|---|---|
||At 1January||At 31December|
||2020|Cash flow|2020|
|||f||
|Cash at bank and in hand|1,625,001|(470,448i|1,154,553|
|Net debt|1,625,001|(470,448l|1,154,553|