2021-03-31-accounts - Rycroft Children's Fund

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RYcRo CHILDRENS FUND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31sr MARCH 2021

		Notes			2021	2020
			Unrestricted	Capital	Total
			Funds	Fund
INCOMING RESOURCES
Donations received
Interest received			793		793	777
Investment income			32,905		32,905	39,060
Gains/(losses) on realisation ofinvestments		2		48,339	48,339	(2,755)
			33,698	48,339	82,037	37,082
RESOURCES EXPENDED
Direct charitable expenditure:
Donations			35,701		35,701	35,960
Other expenditure:
Administration charges			4,421		4,421	4,840
Investment managers	charges			9,521	9,521	9,758
Accountancy			780	-	780	780
			5,201	9,521	14,722	15,378
TOTAL RESOURCES	EXPENDED		40,902	9,521	50,423	51,338
Net incoming/(outgoing)	resources for the year		(7,204)	38,818	31,614	(14,256)
Other recognised gains	and losses:
(Decrease)/Increase in	market value
ofinvestments				241,996	241,996	(119,420)
			(7,204)	280,814	273,610	(133,676)
Fund balance brought forward			2,113	1,209,906	1,212,019	1,345,695
Fund balance carried forward			(5,091)	1,490,720	1,485,629	1,212,019

		Notes	2021	2020
FIXEDASSETS
			Market	Market
			Value	Value
Investments
Units			1,389,510	1,133,295
CCLA investments			27,146	22,497
Cash held by agent -	capital		69,461	56,601
			1,486,117	1,212,393
CURENT ASSETS
Cash at bank and on deposit:
Current account - income			10,601	2,835
Deposit account - income
Current account - capital
Accrued income
			10,601	2,835
AMOUNTS FALLING	DUE WITHIN
ONE YEAR
Sundry creditors			(11,089)	(3,209)
			(488)	(374)
NET ASSETS			1,485,629	1,212,019
REPRESENTED BY
Capital account			1,490,720	1,209,906
Unrestricted funds			(5,091)	2,113
			1,485,629	1,212,019
The financial statements	were approved	by the trustees on ..~ CI.....1. .and signed ~~ gl&t		on their behalfby

3.	INDEPENDENT ACCOUNTANTS	FEES
						2021	2020
	The total paid to the independent accountants		by the
	charity related to the following services: Accountancy					780	780
4.	INVESTMENTS - MARKET VALUE
				Treasury	Units	CCLA	Total
				Stock
	Market value at 1st April 2020				1,133,295	22,497	1,155,792
	Additions				221,094		220,986
	Disposals including unrealised profit/loss
	as at 1stApril 2020				(250,565)		(250,565)
	Change in market value				237,347	4,649	241,996
	Realised gains/(loss) on disposals				48,339		48,339
	Market value at 31stMarch 2021				1,389,510	27,146	1,416,656
	Unrealised profit(loss) at 31st March 2021				217,396	22,649	240,045
	Unrealised profit(loss) at 31stMarch 2020				(19,951)	18,000	(1,951)
	Movement charged to statement of	financial
	activities				237,347	4,649	241,996
	Original cost				1,172,114	4,497	1,176,611