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|Trustees||Steve Walker|(Chair)|(Chair)||
|---|---|---|---|---|---|
|||Jon Dunn||||
|||John Fuller||||
|||Janice Hoole||||
|||Bill Hui||||
|||Liz Murray||||
|||Jon Smith||||
|||Peter Stubbs||||
|||Lynne Urpeth||||
|Charity number||232351||||
|Independent|examiner|Sutton McGrath||Hartley||
|||5Westbrook|Court|||
|||Sharrow Vale|Road|||
|||Sheffield||||
|||$11SYZ||||
|Bankers||Royal Bank ofScotland pic||||
|||5Church Street||||
|||Sheffield||||
|||S1 1HE||||
|Investment|advisors|Investec Wealth||and investment|Limited|
|||Beech House||||
|||61 Napier Street||||
|||Sheffield||||
|||S11SHA||||
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||||Page|
|---|---|---|---|
|Trustees'
report|||1-3|
|Independent
examiner's||report||
|Statement offinancial|activities|||
|Balance sheet||||
|Notes to the accounts|||7-20|
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|||Unrestricted
funds
general|Unrestricted
funds
designated|Restricted
funds|Restricted
funds|Total
2020|Total
2019|
|---|---|---|---|---|---|---|---|
||Notes|||||||
|Income from:||||||||
|Donations and legacies|3|1,743|||0|1,743|1,623|
|Charitable
activities||18,000|||0|18,000|18,000|
|Investments||33,382|||0|33,382|44,093|
|Total income||53,125|||0|53,125|63,716|
|~Edit||||||||
|Charitable
activities|6|129,061|||0|129,061|170,239|
|Total resources expended||129,061|||0|129,061|170,239|
|Net gains on investments|11||27,274||0|27,274|154,609|
|Net gain on revaluation|12|||||0|489,454|
|Net incoming
(outgoing)
resources before transfers||(75,936)|27,274||0|(48,662)|537,540|
|Gross transfers
between
funds||45,000|(45,000)|||||
|Net movement
in funds||(30,936)|(17,726)||0|(48,662)|537,540|
|Fund balances at 1January
2020||527,789|1,300,463||0|1,828,252|1,290,712|
|Fund balances at 31
December 2020||496,853|1,282,737||0|1,779,590|1,828,252|
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||||||2020||2019||
|---|---|---|---|---|---|---|---|---|
|||||Notes|||||
|Fixed assets|||||||||
|Tangible assets||||12||483,750||498,750|
|Investments||||13||1,282,737||1,300,463|
|||||||1,766,487||1,799,213|
|Current assets|||||||||
|Debtors||||15|2,584||3,354||
|Cash at bank and|in|hand|||27,133||30,379||
||||||29,717||33,733||
|Creditors: amounts||falling|due||||||
|within one year|||||(16,614)||(4,694)||
|Net current assets||||||13,103||29,039|
|Total assets less|current liabilities|||||1,779,590||1,828,252|
|Income funds|||||||||
|Restricted funds||||17|||||
|Unrestricted
funds:|||||||||
|Designated
funds||||18|1,282,737||1,300,463||
|General unrestricted||funds|||496,853||527,789||
|||||||1,779,590||1,828,252|
|||||||1,779,590||1,828,252|
|These accounts were||approved|by|the Trustees|on 5 July 2021.||||
|Jon Sm
h (Treasurer)|||||||||
|Date:
4l'1/2.||(|||||||
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|3|Donations|Donations|and legacies|and legacies||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2020|2019|
|||||||||9|8|
||Donations||and gifts|||||1,620|1,501|
||Annual|subscriptions||||||123|122|
|||||||||1,743|1,623|
||In 2019, all||donations|and legacies income received related to unrestricted|||funds.|||
|4|Charitable||activities|||||||
|||||||||2020f|2019|
||Rent|||||||18,000|18,000|
||In 2019, all||rental income received related to unrestricted|||funds.||||
|5|Investments|||||||||
|||||||||2020|2019|
|||||||||8|8|
||Income|from listed investments|||- dividends|||31,916|40,960|
||Income|from listed investments|||-interest|||1.452|3,087|
||Interest|receivable||||||14|46|
|||||||||33,382|44,093|
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|||||Grants|Direct|Total|Total|
|---|---|---|---|---|---|---|---|
|||||payable|charitable|2020|2019|
||||||expenditure|||
|||||K||||
|Depreciation|and impairment|||0|15,000|15,000|6,639|
|Miscellaneous|expenditure||on behalf of|||||
|Cherrytree
Support Services Limited||||0|200|200|200|
|Maintenance|expenditure|on behalf ofCherry tree||||||
|Support Services Limited||||0|13,240|13,240|73,805|
|||||0|28,440|28,440|80,644|
|Grant funding|ofactivities|(see note 7)||97,851|0|97,851|85,024|
|Share ofgovernance
costs|||(see note 8)|0|2,770|2,770|4,571|
|||||97,851|31,210|129,061|170,239|
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|||2020|2019|
|---|---|---|---|
||||8|
|Grants to|institutions:|||
|Cherrytree|Support Services Limited|97,851|85,024|
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|Support|costs||||||
|---|---|---|---|---|---|---|
|||Support|Governance|2020|2019|Basis ofallocation|
|||costs|costs||||
|||E|E||||
|Independent
examiner|||2,400|2,400|3,300|Governance|
|General expenses|||370|370|1,271|Governance|
||||2,770|2,770|4,571||
|Analysed|between||||||
|Charitable|activities||2,770|2,770|4,571||
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|Net gains o|n investments|||
|---|---|---|---|
|||2020|2019|
|||E|E|
|Revaluation|ofinvestments|27,274|154,609|
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|12|Tangible fixed assets|Tangible fixed assets||
|---|---|---|---|
||||Land 8 buildings|
||||F|
||Cost|||
||At 1 January 2020
Revaluation||689,141
0|
||At 31 December 2020||689,141|
||Depreciation
and impairment|||
||At 1 January 2020||190,391|
||Depreciation
charged|in the year|15,000|
||At 31 December 2020||205,391|
||Carrying
amount|||
||At 31 December 2020||483,750|
||At 31 December 2019||498,750|
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|13|Fixed asset investments|||
|---|---|---|---|
||Current financial year||Listed|
||||investments|
||||6|
||Cost orvaluation|||
||At 1 January 2020||1,300,463|
||Additions||73,556|
||Valuation
changes||27,274|
||Disposals||(118,556)|
||At 31 December 2020||1,282,737|
||Carrying
amount|||
||At 31 December 2020||1,282,737|
||At 31 December 2019||1,300,463|
||Prior financial year|||
||Cost or valuation|||
||At 1 January 2019
Additions
Valuation changes
Disposals||1,230,854
59,864
154,609
(144,864)|
||At 31 December 2019||1,300,463|
||Carrying
amount|||
||At 31 December 2019||1,300,463|
||At 31 December 2018||1,230,854|
|||2020|2019|
||||6|
||Investments
at fair value comprise:|||
||UK
Foreign|795,739
486,998|838,538
461,925|
|||1,282,737|1,300,463|
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|14|Financial|instruments|instruments|||||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|||||||6||
||Carrying|amount|offinancial assets|||||
||Debt instruments
Equity instruments||measured
measured||at amortised cost
at fair value|2,584
1,282,737|3,354
1,300,463|
||Canying|amount|offinancial
liabilities|||||
||Measured|at amortised||cost||16,614|4,694|
|15|Debtors|||||||
|||||||2020|2019|
|||||||8|8|
||Amounts|falling|due|within|one year:|||
||Other debtors|||||2,584|3,354|
|18|Creditors:|amounts
falling|||due within one year|||
|||||||2020|2019|
|||||||8|8|
||Amounts
owed to Cherrytree
Support Services Limited
Accruals and deferred
income|||||14,214
2,400|1,454
3,240|
|||||||16,614|4,694|
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||Movement|in funds||
|---|---|---|---|
|Balance at|Resources|Transfers|Balance at 31|
|1January|expended||December|
|2020|||2020|
|Link|building|||||||
|---|---|---|---|---|---|---|---|
|||Movement||in funds|- previous|year||
|||Balance at|Resources||Transfers|Balance|at 31|
|||1January|expended|||December||
|||2019|||||2019|
|||8|||8||8|
|Link|building|588||(588)|0||0|
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|||||Movement|Movement|in funds|||
|---|---|---|---|---|---|---|---|---|
|||Balance at|Incoming|Resources||Transfem|Gains|Balance at 31|
|||1January|resources|expended||||December|
|||2020||||||2020|
|Income|support||||||||
|reserve||1,300,463||0|0|(45,000)|27,274|1,282,737|
||||Movement
in||funds - previous||year||
|||Balance at|Incoming|Resources||Transfers|Losses|Balance at 31|
|||1January|resources|expended||||December|
|||2019||||||2019|
|Income|support||||||||
|reserve||1,230,854||0|0|(85,000)|154,609|1,300,463|
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