# # ## ||||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| ||||||I Q
IC 4I IC
II
Cta
C 0
0 0
0eaI|I Q
IC 4I IC
II
Cta
C 0
0 0
0eaI|QE||Ft
OI
CI
CI
CO|||||||L4!00ce0C||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||"0 II||tll|||||||||4||||||| ||||||0|C-||||||||||||||||| ||||||||||||||||||||CO|||| ||||||||||||||||||||CI|||| ||||||||||||||||||||CV|||| |||||||||||||||||ClOl|||C|||| ||||||||Cll|||||||||||||||| |||||NllC
4
C|~4I
c
I-
Cl|0|EEI||CO||EO
EO|||Ollt
Ctt
IA
CV||'O
CO
C
IC|||0E
40||NOl
D
ClD|| ||||||||||EQo|||||||EC
4l|||N8||m
DC|| ||||||||||||||||||||||ttl|| |||||||||||||||||0|||CI
4l||0|| ||||||Ql IC
c 4I
E 0
Qo
L0 0||ttt||CO
CI
'll04||CI
CI
IA||||CO
CI
CC|C0
EC
Cl0e|||N00
0|||| ||||||||||||||||||||N|||| ||||||'M
El
0|a
a
CC
0|ttt|||||||CO
IA
Ctt
Ol||I
4I
IC
C
40||Cl
O!
C
EC
2|0
0
0
0||L0
0e
IP
0|| |Ci
IUDZI-Z0
O
CCII-Z
LUK
LU
N|45
Ol
04
I2
O
LLI
LLI||CI
0
ECe
ND
0
N0
Ne
0'0
0C|ICDC
4
C|"D 0
C 4I
Cl SI
CC
4I
Cl
ClC
I
CID
EC 0
0 44c
00 X
0
CC Il
c 00
60 00
c 0
-L||Ell
QC
Cll||||CV
CQ
CI
CIo
IA
EO
CI
CI
IA|||Ol
IA||0
N
Cl
400E
8
0
N
Cl
Cl0Ke
4l
N
IbC
I
N4I
N|QI|Cl
0e
m
00
4lL
'8
4I
Ql
m
N
Cl|m
m
e
Ol
C
5
O
Ce
IQ
'C
Cl
Ncl
C
4
IC
LE
Cl2
N4l
C0||C
Cl
4!
4l0e
m
e0
cl
m
C
4!
4Ie
Cb
m0
IQD
C|CE| |LlZ
~CZ
IUZI-0I-
CCI
IUI-0Z|Ci
Q
UI
IIL'
LLI
IL0|lc
N
e|IC
0
tc
0
N'0
C
4eE00C
e
c||Cl
II
IC
ct|0
a
IC
lt||C0
cl0
'O
UI|CQ
CI
o
CO
0O.
CL|EO
Ol
OI
C0
EON'e
DQRN
ma.
N||IC
OI
S
EO 0
EC
Nt
m
mlm||e
2
CI|o
OI
CII|Ca
EC0
'0
III
D
C
e
0
0
0
CO
m|4!L0
IC0
4l
0
e
0
0
0
R|Cl
CLa
a.
I
N
OlL'0
5
IXI
DC
m
DCcl|I
C
'0
L
m|e e
cl
0 E
C C
CI e
9e
N
N
kg
C
cmc
m
m
I
I-||| ## ## ## |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| ## ##