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|Reference and Administrative|Reference and Administrative|Details||
|---|---|---|---|
|Trustees' Report|||2to lo|
|Independent
Auditors'|Report||11to 13|
|Statement ofFinancial|Activities||14to 15|
|Balance Sheet|||16|
|Cash Flow Statement|||17|
|Notes to the Financial|Statements||18to29|
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|Statement o|f|Financ|ial|Activitie|s for the Yea|r Ended|31December||
|---|---|---|---|---|---|---|---|---|
||||||||Unrestrtcted|Total|
||||||||funds|2021|
|||||||Note|||
|Income and Endowments
Donations
and legacies
Investment
income||from:|||||499,855
1,062,426
669|499,855
1,062,426
669|
|Other income|||||||||
||||||||1,562,950|1,562,950|
|Total Income|||||||||
|Expenditure
on:
Raising funds
Charitable
activities|||||||(106,258)
(2,275,495)|(106,258)
(2,275,495)|
|Total Expenditure
Net income/(expenditure)
Realised gains/losses
on
Unrealised
gains/(losses)|before gains/(losses)
investment
assets
on investment
assets||||on investments||(2,381,753)
(818,803)
1,318
2,590,020|(2,381,753)
(818,803)
1,318
2,590,020|
|Net movement
in funds|||||||1,772,535|1,772,535|
|Reconciliation
offunds|||||||||
|Total funds brought
forward
Total funds carried forward|||||||35,808,122
37,580,657|35,808,122
37,580,657|
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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||||||||(93,718)|(93,718)|
|Charitable
activities||||||||(2,144,134)|(2,144,134)|
|Total Expenditure||||||||(2,237,852)|(2,237,852)|
|Net income/(expenditure)|||before|gains/(losses)||on investments||(801,794)|(801,794)|
|Realised gains/losses|on investment|||assets||||(1,305,624)|(1,305,624)|
|Unrealised
gains/(losses)||on|investment||assets|||(171,720)|(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||||||16|35,808,122|35,808,122|
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|||Balance|Sheet as at 31D|ecember 2021|||
|---|---|---|---|---|---|---|
||||2021||2020||
|||Note|||g||
|Fixed assets
Tangible assets
Investments||11
12||6,145,591
30,468,162
36,613,753||6,159,510
28,182,884
34,342,394|
|Current
assets
Debtors
Cash at bank and in hand||13|471,884
607,907||495,028
1.154553||
||||1,079,791||1,649,581||
|Creditors: Amounts|falling||||||
|due within one year
Net current assets||||966,904
37,580,657||7,465.728
35,808, 122|
|Net assets|||||||
|Funds of the charity:|||||||
|Unrestricted
income
Unrestricted
funds
Total funds|funds|16|37,580,657|37,580,657|35.808.122|35,808,122|
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|Cash Flow|Statement|for th|e Year En|ded 31De|cember 2021||
|---|---|---|---|---|---|---|
||||||2021|2020|
|||||Note|||
|Cash flows from operating
activities|||||||
|Net cash income/(expenditure)|||||1,772,535|(2,279,138)|
|Adjustments
to cash flows from non-cash||items|||||
|Depreciation
and impairment|||||20,733|24,278|
|Investment
income||||3|(1,062,426)|(863,909)|
|Revaluation
ofinvestments|||||(2,590,020)|171,720|
|Loss on disposal offixed assets|held for the|charity's|own use||987|239|
||||||(1,858, 191)|(2,946,810)|
|Working capital adjustinents|||||||
|Decrease in debtors||||13|23,144|116,171|
|(Decrease)/increase
in creditors||||14|(70,966)|89,002|
|Net cash flows from operating|activities||||(1,906,013)|(2,741,637)|
|Cash flows from investing
activities|||||||
|Interest receivable
and similar|income|||3|12,740|15,333|
|Purchase oftangible
fixed assets||||11|(9,801)|(6,270)|
|Sale oftangible
fixed assets|||||2,000|586,677|
|Purchase ofinvestments||||12|(2,599,290)|(4,824,688)|
|Sale ofinvestments|||||2,904,032|5,651,561|
|Income from dividends|||||I 049 686|848,576|
|Net cash tlows from investing|activities||||1,359,367|2 271 189|
|Net decrease
in cash and cash equivalents|||||(546,646)|(470,448)|
|Cash and cash equivalents
at I|January||||1,154,553|1,625,001|
|Cash and cash equivalents
at 31 December|||||607,907|1,154,553|
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|2
Income|f|rom|donations|and legacies||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|||
||||||funds|||
|||||||Total|Total|
||||||General|2021|2020|
|Donations
and legacies;
Donations
from individuals
Gifts -Covenanted
pensions||||and salaries|60,001
439,854|60,001
439,854|572,149|
||||||499,855|499,855|572,149|
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|3
Investment
income|||||
|---|---|---|---|---|
|||Unrestricted|||
|||funds|||
||||Total|Total|
|||General|2021|2020|
|Income from dividends;
Income from listed investments
Income from other unlisted
investments||962,340
87,346|962,340
87,346|762,028
86,548|
|Interest receivable
and similar
Interest receivable on bank
Other interest receivable|income;
deposits|73
12,667
1,062,426|73
12,667
1,062,426|1,048
14,285
863,909|
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|a) Investment
m|ana|gement
c|osts||||
|---|---|---|---|---|---|---|
|||||Unrestricted|||
|||||funds|||
||||||Total|Total|
|||||General|2021|2020|
|||||f.|||
|Other investment
management
Costs of obtaining
investment|||costs;
advice|106,258
106,258|106,258
106,258|93,718
93,718|
||||||Total|Total|
|||||Direct costs|2021|2020|
|||||106,258|106,258|93,718|
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|6
Expen|di|ture
on charitable
activities||||
|---|---|---|---|---|---|
||||Unrestricted|||
||||funds|||
|||||Total|Total|
||||General|2021|2020|
|Charity and||donations|923,329|923,329|526,217|
|Grant funding ofactivities|||62,000|62,000|44,000|
|Allocated|support costs||||323,896|
|Governance||costs|1,290,166|1,290,166|1,250,021|
||||2,275,495|2,275,495|2,144, 134|
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|||Grant funding|Total|Total|
|---|---|---|---|---|
|||ofactivity|2021|2020|
|Grants paid||62,000|62,000|44,000|
|Charity|and donations|923,329|923,329|526,217|
|Loss on|disposal offixed assets|||323,896|
|||985,329|985,329|894,113|
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|||||Unrestricted|||
|---|---|---|---|---|---|---|
|||||funds|||
||||||Total|Total|
|||||General|2021|2020|
|Staff costs|||||||
|Wages and|salaries|||688,952|688,952|666,545|
|Social security||costs||51,360|51,360|49,612|
|Pension costs||||11,237|11,237|9,060|
|Stafftraining||||960|960||
|Audit fees|||||||
|Audit and accountancy|||fees|23,466|23,466|20,466|
|Legal fees||||34,344|34,344|35,349|
|Depreciation,|amortisation||and other similar costs|21,720|21,720|24,516|
|Other governance||costs||458,127|458,127|444,473|
|||||1,290,166|1,290,166|1,250,021|
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|9
Staff costs
The aggregate
payroll
costs were as follows:|||
|---|---|---|
||2021|2020|
|Staffcosts during the year were:|||
|Wages and salaries|688,952|666,545|
|Social security costs|51,360|49,612|
|Pension costs|11,237|9,060|
|Other staff costs|960||
||752,509|725,217|
|the year expre|ssed
as full time equivalents
was as fo|llows:||||
|---|---|---|---|---|---|
|||2021||2020||
|||No||No||
|Management|staff||6||6|
|Administration|staff||3||14|
|Domestic staff|||9||11|
|Care staff|||13||13|
||||31||44|
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|11 Tangible
fixed assets|||||
|---|---|---|---|---|
||Land and|Furniture
and|Motor||
||buildings|equipment|vehicles|Total|
|Cost|||||
|At
1 January 2021
Additions
Disposals|6,040,530|351,904
9,801
(7,931)|126400
(11,189)|6518834
9,801
(19,120)|
|At 31December 2021|6,040,530|353,774|115,211|6,509,515|
|Depreciation
At 1 January 2021
Charge for the year
Eliminated
on disposals||257,753
14,666
(5,507)|101,571
6,067
(10,626)|359,324
20,733
(16,133)|
|At 31December 2021||266,912|97,012|363,924|
|Net book value|||||
|At 31December 2021|6,040,530|86,862|18 199|6 145 591|
|At 31 December 2020|6,040,530|94,151|24,829|6,159,510|
|12 Fixed asset investments|||||
||||2021|2020|
||||30,468, 162|28,182,884|
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|Other investments||||
|---|---|---|---|
||Listed|Unlisted||
||investments|investments|Total|
|Cost or Valuation||||
|At 1 January 2021
Revaluation|24,379,842
2,253,765|3,803,042
336,255|28,182,884
2,590,020|
|Additions|2,308,867|290,423|2,599,290|
|Disposals|(2,467,840)|(436 192)|(2 904 032)|
|At 31December 2021|26,474,634|3,993,528|30,468, 162|
|Net book vattte||||
|At 31 December 2021|26,474,634|3,993,528|30,468, 162|
|At 31 December 2020|24,379,842|3,803,042|28,182,884|
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|13 Debtors|||
|---|---|---|
||2021|2020|
||g||
|Trade debtors||1,164|
|Prepayments
Other debtors|75,281
396,603|68,542
425,322|
||471 884|495 028|
|Debtors includes 057,988(2020:f393,321)receivable after more than one year.|||
||2021|2020|
||357,988|393,321|
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|14 Creditors:|amounts|falling due within|one year|||
|---|---|---|---|---|---|
|||||2021|2020|
|Other taxation|and social|security||11,589|10,996|
|Other creditors|||||832|
|Accruals||||101,298|172,025|
|||||112,887|183,853|
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|16 Funds|||||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at I|||Other|31|
|||January
2021|Incoming
resources|Resources
expended|recognised
gains/(losses)|December
2021|
|Unrestricted|funds||||||
|General||35,808, 122|1,562,950|(2,381,753)|2,591,338|37,580,657|
|17 Analysis ofnet assets between
funds|||
|---|---|---|
||Uarestricted||
||funds||
||General|Total funds|
|Tangible fixed assets
Fixed asset investments|6,145,591
30,468, 162|6,145,591
30,468, 162|
|Current assets|1,079,791|1,079,791|
|Current liabilities|(112,887)|(112,887)|
||37580657|37580.657|
|Total net assets|||
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|18 Analysis ofnet funds||||
|---|---|---|---|
||At 1January
2021|Cash flow|At 31 December
2021|
|||K||
|Cash at bank and in hand|1,154,553|(546,646)|607,907|
|Net debt|1,154,553|(546,646)|607,907|