| Pages | |||||
|---|---|---|---|---|---|
| Legal and administrative | information | ||||
| Report ofthe Council | |||||
| Statcmcnt oftrustees' | responsibilities | ||||
| Independent Examiner's |
report | ||||
| Statement offinancial | activities | ||||
| Balance sheet | 9-10 | ||||
| Notes to the financial | statements | 11-17 | |||
| The following pages |
do | not form part ofthe statutory | financial | statements: | |
| Schedule ofdonations | and grants | 18-21 | |||
| Schedule ofinvestments | 22-25 |
| Legal and | administrative | administrative | information | |||
|---|---|---|---|---|---|---|
| Charity registration | number | 231907 | ||||
| Company | registration | number | 00389833 | |||
| Coun«il | P RMoore | (Chair) | ||||
| C3George | ||||||
| A N Little | ||||||
| W Carver | ||||||
| G Cowan | ||||||
| R Whittle | ||||||
| Company | secretary | E Hanson | ||||
| Registered | oNce | 7"Floor, Suite A | ||||
| City Gate East House | ||||||
| Tollhouse | Hill | |||||
| Nottingham | ||||||
| NG1 SFS | ||||||
| Independent | examiner | UHY Hacker Young | ||||
| 14Park Row | ||||||
| Nottingham | ||||||
| NG1 6GR | ||||||
| Investment | manager | Brewin Dolphin Ltd | ||||
| Wstert'runt | House | |||||
| Water&out | Plaza | |||||
| 35Station | Street | |||||
| Noningham | ||||||
| NG2 3DQ | ||||||
| Bankers | Barclays Bank pic | |||||
| High Street | ||||||
| Nottingham | ||||||
| NG1 6FF |
| Old age | 8,300 | ||
|---|---|---|---|
| Physical and mental |
health and handicap | 27,600 | |
| General medical and ambulance Protection and welfare ofwomen |
and children | 9,000 18,000 |
|
| Youth organisations | 28,200 | ||
| Reliefofpoverty | 36,400 | ||
| Educafional | 14,000 | ||
| Miscellaneous | 61,900 | ||
| 203,400 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| NIIIC | |||||
| Income and endowments from: |
|||||
| Investments —listed securities investments —other interest received |
146,707 34 |
217,330 546 |
|||
| Voluntary income —members' |
subscriptions | 12 | 6 | ||
| Total income and endowments | 146,753 | 217,882 | |||
| Expenditure on: |
|||||
| Charitable activities |
3 | (235,814) | (214,009) | ||
| Net income/(expenditure) | (89,061) | 3,873 | |||
| Unrealised (losses)/gains on investment assets Realised (losses)/gains on investment assets Capital reorganisation and asset movement |
10 11 11 |
725,693 231,077 (2,899) |
(831,535) (29,019) 14,474 |
||
| Net movement in funds |
864,810 | (842,207) | |||
| Reconciliation offunds: | |||||
| Total funds brought forward |
9 | 4,732,740 | 5,574,947 | ||
| Total funds carried forward | 9 | 5,597,550 | 4,732,740 |
| 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| f | f | ||||||||
| Fixed assets investments | |||||||||
| Listed securities at market | value | 5,619,253 | 4,729,226 | ||||||
| Current assets |
|||||||||
| Debtors | 6 | 6 | |||||||
| Cash at bank and in | hand | 77,180 | 19,578 | ||||||
| 77,186 | 19,584 | ||||||||
| Creditors: amounts | falling | due within one | (98,889) | (16,070) | |||||
| year | |||||||||
| Net current assets | (21,703) | 3,514 | |||||||
| Total assets less current | liabilities | 5,597,550 | 4,732,740 | ||||||
| Charity fuads: | |||||||||
| Unrestricted funds —unrealised (revalua(ion reserve) |
fund | 10 | 1,211,710 | 258,305 | |||||
| Unrestricted funds —realised |
fund | 4,385,840 | 4,474,435 | ||||||
| Total charity funds | 5,597,550 | 4,732,740 |
| greater (han f3,000 were | made to the fol | lowing charities; | |
|---|---|---|---|
| 2021 | |||
| f | |||
| Children's Bereavement |
Centre | 5,000 | |
| Elizabeth Finn Trust |
4,850 | ||
| Harmless CIC | 4,000 | ||
| Hope Community Service, Worksop |
4,000 | ||
| Mothers Union Southwell | ds Nottingham | Diocese | 4,000 |
| Nottingham Clubs for Young People |
3,300 | ||
| Nottingham Community |
Foundation | 4,000 | |
| Oasis Community Centre |
10,000 | ||
| Open Homes Nottingham | 4,000 | ||
| Open Minds | 4,000 | ||
| Oxygen Centre | 4,000 | ||
| The Friary | 4,000 | ||
| The Helpful Bureau |
4,000 | ||
| Walesby Forest Scout Centre | 5,000 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Direct costs: | ||||||
| Old age | 8,300 | 4,300 | ||||
| Physical health and handicap |
27,600 | 30,200 | ||||
| General medical | and ambulance | 9,000 | ||||
| Protection and welfare ofwomen |
and children | 18,000 | 20,500 | |||
| Youth organisations | 28,200 | 26,200 | ||||
| Reliefofpoverty | 36,400 | 51,900 | ||||
| Educational | 14,000 | 13,000 | ||||
| Miscellaneous | 61,900 | 30,400 | ||||
| 203,400 | 176,500 | |||||
| Support costs: | ||||||
| Accountancy and |
trust administration | 15,720 | 20,536 | |||
| Bank charges | 152 | 124 | ||||
| Investment manager's |
fees | 14,077 | 14,189 | |||
| Reimbursed expenses |
185 | 440 | ||||
| Governance costs |
—independent | examiner's | remuneration | 2,280 | 2,220 | |
| 32,414 | 37,509 | |||||
| 235,814 | 214,009 |
| Nau | 2021 | 2020 | |||
|---|---|---|---|---|---|
| f | |||||
| Nct income/(expenditure) | for the year is stated aflcr charging: | ||||
| Independent | examiner's | remuneration | 3 | 2,280 | 2,220 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| 8 | |||||||
| Market value | of | investments | brought | forward | 4,729,226 | 5,571,510 | |
| Less: unrealised | appreciation | in value | brought | forward | (444,609) | (1,276,144) | |
| Cost brought | forward | 4,284,615 | 4,295,366 | ||||
| Additions | 1,521,252 | 974,818 | |||||
| Disposals | (1,365.077) | (990,352) | |||||
| Deposit account movement Capital reorganization and asset movement |
11,061 (2,899) |
(9,691) 14,474 |
|||||
| Cost carried | forward | 4,448,953 | 4,284,615 | ||||
| Add: unrealised | appreciation | in value | carried | forward | 1,170,302 | 444,609 | |
| Market value | of | investment | camed forward | 5,619,253 | 4,729,226 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Market | Proportion | Market | Proportion | ||||
| value | ofportfolio | valuef | ofportfolio | ||||
| UK government | stocks | 313,236 | 6 | 492,705 | 10 | ||
| Other fixed | interest stocks | 209,210 | 4 | 419,702 | 9 | ||
| VK equities | 1,420,242 | 25 | 1,578,749 | 33 | |||
| International | aquinas (see note | below) | 3,402,439 | 60 | 1,977,441 | 43 | |
| Property funds |
154,109 | 3 | 151,673 | 3 | |||
| Cash held within | the investment | portfolio | 120,017 | 2 | 108,956 | 2 | |
| 5,619,253 | 4,729,226 |
| 2021f | 2020 |
|---|---|
| 98,889 | 16,070 |
| 98,889 | 16,070 |
| Net | |||||||
|---|---|---|---|---|---|---|---|
| At 6Aprg | outgoing | Gains/ | At 5 Aprg | ||||
| 2020 | resourcesf | (Losses)f | Transfers | 202l g |
|||
| Unrestricted | funds: | ||||||
| Unrealised fund (revaluation |
reserve) | 258,305 | 725,693 | 227,712 | 1,211,710 | ||
| Realised fund |
4,474,435 | (89,061) | 228,178 | (227,712) | 4,385,840 | ||
| Total funds 2021 | 4,732,740 | (89,061) | 953,871 | 5,597,550 | |||
| Comparative | year |
| Net | ||||||||
|---|---|---|---|---|---|---|---|---|
| At 6April | incomiag | Gains/ | At 5 April | |||||
| 2019 | resources | (losses) | Traasfers | 2020 | ||||
| 5 | 5 | g | ||||||
| Unrestricted | funds: | |||||||
| Unrealised | fund (revaluation | reserve) | 258,305 | (831,535) | 47,901 | 258,305 | ||
| Realised fund |
4,533,008 | 3,873 | (14,545) | (47,901) | 4,474,435 | |||
| Total funds | 2020 | 5,574,947 | 3,873 | (846,080) | 4,732,740 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| g | g | |||||||
| Balance | brought forward |
258,305 | 1,041,939 | |||||
| Unrealised losses/(gains) |
in prior year, realised | on disposal | 227,712 | 47,901 | ||||
| Increase/(decrease) in |
unrealised | appreciation | ofinvestments | in year | 725,693 | (831,535) | ||
| 1,211,710 | 258,305 | |||||||
| 11 | Realised fund | |||||||
| 2021 g |
2020f | |||||||
| Balance | brought forward |
4,474,435 | 4,533,008 | |||||
| Surplus/(deficit) for the year |
(89,061) | 3,873 | ||||||
| Transfer realised |
from revaluation on disposal |
reserve —unrealised | (losses)/gains | in prior year, | (227,712) | (47,901) | ||
| (Losses)/gains realised |
for year | 231,077 | (29,019) | |||||
| Capital | reorganisation | and asset movement | (2,899) | 14,474 | ||||
| 4,385,840 | 4,474,435 |