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2020-12-31-accounts

Page
Trustees' report 1-5
Statement oftrustees' responsibilities
Independent
auditor's		 report 7-10
Statement offinancial activities
Balance sheet 12
Notes to the financial statements 13-22

Restricted Restricted Total Restricted Restricted Total
funds funds funds funds
Land & Educational Land & Educational
Buildings Purposes Buildings Purposes
Notes 2020
6		 2020
6		 2020
F		 2019
6		 2019f 2019
F
Igg~mfrom:
Donations
and legacies		 3 8,866 8,866 1,500 1,500
Investments 4 500 25,842 26,342 500 31,778 32,278
Total income 500 34,708 35,208 500 33,278 33,778
gZpgftgiirn:
Raising funds 4,494 4,494 5,031 5,031
Charitable
activities		 6 615,111 16,544 631,655 635,004 93,917 728,921
Total resources
expended 615,111 21,038 636,149 635,004 98,948 733,952
Net gains/(losses) on
investments 10 (8,936) (8,936) 78,382 78,382
Net tncomtngi
(outgoing) resources
before transfers (614,611) 4,734 (609,877) (634,504) 12,712 (621,792)
Gross transfers
between
funds		 13,835 (13,835) 33,728 (33,728)
Net income/(expenditure)
for the year/
Net movement in funds (600,776) (9,101) (609,877) (600,776) (21,016) (621,792)
Fund balances at 1
January 2020 38,045,717 809,693 38,855,410 38,646,493 830,709 39,477,202
Fund balances at 31
December 2020 37,444,941 800,592 38,245,533 38,045,717 809,693 38,855,410

2020 2019
Notes f K
Fixed assets
Tangible assets 11 37,444,941 38,045,717
Investments 12 792,654 806,243
38,237,595 38,851,960
Current assets
Debtors 14 6
Cash at bank and in hand 172,595 139,626
172,595 139,632
Creditors: amounts falling dus within
one year 15 (164,657) (136,182)
Net current assets 7,938 3,450
Total assets less current liabilities 38,245,533 38,855,410
Income funds
Restricted funds - Educational Purposes 16 800,592 809,693
Restricted funds - Land & Buildings 17 37,444,941 38,045,717
38,245,533 38,855,410

Restricted Restricted Total Restricted Restricted Total
funds funds funds funds
Land 8 Educational Land & Educational
Buildings Purposes Buildings Purposes
2020 2020 2020 2019 2019 2019
6 8 6 6 6
Rental income 500 500 500 500
Dividends 25,811 25,811 31,695 31,695
Interest receivable 31 31 83 83
500 25,842 26,342 500 31,778 32,278

Restricted Restdcted
funds funds
Educational Educational
Purposes Purposes
2020 2019
6 5
4,494 5,031
4,494 5,031

2020 2019f
Support for Education 16,371 90,198
Support for Schools - Land & Buildings 605,563 608,396
Support for Other Trust Property 3,964 1,470
625,898 700,064
Share ofsupport costs (see note 7) 1,197 22,857
Share ofgovernance costs (see note 7) 4,560 6,000
631,655 728,921
Analysis
by fund
Restricted funds - Land & Buildings 615,111 635,004
Restricted Funds - Educational Purposes 16,544 93,917
631,655 728,921

Support cost s
Support Governance 2020 Support Governance 2019
costs
f		 costs f costs
F		 costs
f		 f
Insurance 1,184 1,184 2,566 2,566
Sundries 13 13 291 291
Administration costs 20,000 20,000
Audit fees 4,560 4,560 6,000 6,000
1,197 4,560 5,757 22,857 6,000 28,857
Analysed between
Charitable activities 1,197 4,560 5,757 22,857 6,000 28,857

10 Net gains/(tosses)
on		 investments
Restricted Restricted
funds funds
Educational Educational
Purposes Purposes
2020
8		 2019f
Gain/(loss)
on sale of		 investments (8,936) 78,382
11 Tangible fixed assets
Freehold land and buildings
8
Cost or valuation
At 1 January 2020 39,810,500
At 31 December 2020 39,810,500
Depreciation
and impairment
At 1 January 2020 1,764,783
Depreciation
charged		 in the year 600,776
At 31 December 2020 2,365,559
Carrying
amount
At 31 December 2020 37,444,941
At 31 December 2019 38,045,717

12 Fixed asset investmen ts
Listed Cash in Total
Investments portfolio
6
Cost or valuation
At 1 January 2020 801,473 4,770 806,243
Additions 252,806 (252,806)
Valuation
changes		 (8,936) (8,936)
Cash movement (4,653) (4,653)
Disposals (261,238) 261,238
At 31 December 2020 784,105 8,549 792,654
Carrying
amount
At 31 December 2020 784,105 8,549 792,654
At 31 December 2019 801,473 4,770 806,243
13 Financial
instruments		 2020 2019
8
Carrying
amount offinancial assets
Instruments
measured		 at fair value through profit or loss 784,105 801,473
14 Debtors
2020 2019
Amounts
falling due		 within one year:
Other debtors

15 Creditors: amounts falling due within one year
2020 2019
6 6
Other creditors 164,657 136,182
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18 Analysis ofnet assets Analysis ofnet assets between funds
Restricted - Restrlcted- Total Restricted- Restricted- Total
Land & Educational Land & Educational
Buildings Purposes Buildings Purposes
2020 2020 2020 2019 2019 2019
E E E F E E
Fund balances at 31
December 2020 are
represented by:
Tangible assets 37,444,941 37,444,941 38,045,717 38,045,717
Investments 792,654 792,654 806,243 806,243
Current assets/
(liabilities) 7,938 7,938 3,450 3,450
37,444,941 800,592 38,245,533 38,045,717 809,693 38,855,410