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|Reference and administrative||information||
|Trustees'
Report|||2 —5|
|Independent
examiners'|report|||
|Statement ofFinancial|Activities|||
|Balance Sheet||||
|Notes to the Financial|Statements||9 —13|
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|arket|value|s as follows:|||
|---|---|---|---|---|
||||MARKET|VALUES|
||||At 31.3.2]|At 31.3.20|
||||f.'000|K'000|
|Total|ofall|investments|4,996|4,025|
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|The details|are|shown on|page 9and note 3. The main items are as follows:|page 9and note 3. The main items are as follows:|page 9and note 3. The main items are as follows:||
|---|---|---|---|---|---|---|
||||||2020/21|2019/20|
||||||f'000|f'000|
|Investment|income||||170|198|
|Grants payable|||||(132)|(182)|
|Administration||and management||expenses||9|
|Surplus on|Accumulated||Income|Fund|30|7|
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|2016/2017|151,000|
|---|---|
|2017/2018|166,200|
|2018/2019|158,500|
|2019/2020|181,800|
|2020/2021|132,250|
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||||Unrestricted|Unrestricted|Funds 2021|Funds 2021|Unrestricted|Unrestricted|Funds 2020|Funds 2020|
|---|---|---|---|---|---|---|---|---|---|---|
||||Accum-|||2021|Accum-|||2020|
||||ulated|Capital||Total|ulated|Capital||Total|
||||Income||||Income||||
|||Notes|||||||||
|Income from|||||||||||
|Investment
income (gross)|||||||||||
|- investments|||169,930|||169,930|197,430|||197,430|
|- bank and other interest|||20|||20|109|||109|
|Total income|||169,950|||169,950|197,539|||197,539|
|Expenditure
on|||||||||||
|Cost ofraising funds|||||||||||
|Investment
management|fees|||9,670||9,670||11,269||11,269|
|Expenditure
on charitable|activities||||||||||
|Cost ofgrant making||3/4|139,952|||139,952|191,019|||191,019|
|Total expenditure|||139,952|9,670||149,622|166,144|11,269||202,288|
|Net income/(expenditure)|and net||||||||||
|movement
in funds before gains|||29,998|(9,670)||20,328|6,520|(11,269)||23,690|
|and losses on investments|||||||||||
|Other recognised
gains|and losses||||||||||
|Net gains/(losses)
on investments||5|2,270|1,029,235||1,031,505|1,235|842,881||841,646|
|Net Movement
in Funds|||32,268|1,019,565||1,051,833|7,755|(854,150)||(846,395)|
|Reconciliation ofFunds|||||||||||
|Total Funds brought
forward|||257,529|3,990,195||4,247,724|249, 774|4,844,345||5,094,119|
|Total Funds carried forward|||289,797|5,009,760||5,299,557|257,529|3,990,195||4,247,724|
|All activities are continuing.|||||||||||
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||||||2021||2020|
|---|---|---|---|---|---|---|---|
||||Note|||||
|Fixed Assets||||||||
|Investments|||||4,995,584||4,025,143|
|Current
Assets||||||||
|Bank balance|and other deposits|||311,322||229,855||
|Creditors amounts||falling due||||||
|within one year||||||||
|Other creditors
—accruals||||7,349||7,274||
|Net Current|Assets||||303,973||222,581|
|Net assets|||||5,299,557||4,247,724|
|Unrestricted|funds|||||||
|Designated
Capital Fund|||||5,009,760||3,990,195|
|Accumulated|Income|Fund|||289,797||257,529|
||||||5,299,557||4,247,724|
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|2
Investment|2
Investment||management|management|costs|||||
|---|---|---|---|---|---|---|---|---|---|
||||||||2021||2020|
|Investment
management||||fees|||9,670||11,269|
|3
Grants Payable||||||||||
||||||||2021||2020|
|Schools and Training Institutions||||||||||
|Oxford Centre for||Mission Studies||||0||20,000||
|Trinity College,|Bristol|||||15,000||20,000||
|Langham
Research|||Scholarships|||12,000||15,000||
|WTC||||||5,000||5,000||
|Bristol Neurological|||Institute|||0||4,800||
||||||||32,000||64,800|
|Organisations|for||Care|and Training ofYoung||People||||
|Easton Families|Project|||||0||15,000||
|YMCA Bristol||||||4,000||4,000||
|Schoolreaders||||||5,000||0||
|Incredible Kids||||||5,000||5,000||
|Bristol Schools|Connection|||||5,000||0||
||||||||19,000||24,000|
|Support ofthe|Marginalised|||||||||
|inHope/Crisis
Centre Ministries||||||15,000||14,000||
|Changing
Tunes||||||6,000||6,000||
|Wheels Project||||||7,500||7,500||
|Bristol Hospitality||Network||||15,000||15,000||
|Feeding Bristol||||||0||7,500||
|Regenerate||||||0||5,000||
|Feelgood Community||||||6,000||0||
|Network||||||2,000||0||
|Sixty-One||||||4,000||4,000||
|Beloved||||||4,750||9,500||
|Hope's Place||||||6,000||6,000||
|Prodigal Arts||||||0||5,000||
|Life Cycle||||||0||7,500||
|Support through|Courts/Personal||||Support Unit|3,500||3,500||
|Bristol aAer Stroke||||||5,000||0||
|CHAS||||||2,500||2,500||
|Filwood Hope||||||4,000||0||
||||||||81,250||93,000|
|Total Grants|||||||132,250||181,800|
|Governance
and support||||costs|—note 4 below||7,702||9,219|
|Total Cost ofGrant Making|||||||139,952||191,019|
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|||||2021||2020|
|---|---|---|---|---|---|---|
|Mazars ILP
- Independent|Examination||1,500||1,615||
|-VAT thereon|||300||323||
|||||1,800||1,938|
|Secretary|||||||
|—Honorarium|||5,400||5,400||
|-VAT thereon|||0||0||
|||||5,400||5,400|
|Web-site||||427||1,807|
|Other costs|||||||
|Stationery,
postage, telephone,||fax, etc.||75||74|
|Bank Charges||||0||0|
|||||7,702||9,219|
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||||||2021|2020|
|---|---|---|---|---|---|---|
|Market value at|beginning ofyear||||4,025,143|4,904,002|
|Unrealised
gain/(loss)||on investments||held at end ofyear|966,498|(873,939)|
|Realised (loss)/gain
on
Proceeds not reinvested||investments|sold during the year||65,007
~61,064|32,292
~37,212|
|The investments|at market value (38|||holdings; 2020: 38holdings)|4,995,584|4,025,143|
|Gains/(Losses)|have been apportioned|||in SOFA as follows:|||
|Income Fund|||||2,270|1,235|
|Capital Fund|||||1,029,235|~852,882|
||||||1,031,505|841,647|
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|6
Bank balance and other deposits|6
Bank balance and other deposits|6
Bank balance and other deposits|6
Bank balance and other deposits|6
Bank balance and other deposits|6
Bank balance and other deposits|||||
|---|---|---|---|---|---|---|---|---|---|
||||||||2021||2020|
|National
Westminster||Bank Plc|||||180,037||145,840|
|Smith &Williamson||Investment||Managers|||131,255||83,985|
|The Central|Board ofFinance of|||the Church|of|||||
|England —deposit fund|||||||30||30|
||||||||311,322||229,855|
|Held as to:||||||||||
|Designated|Capital Fund||||||96,780||45,386|
|Accumulated|Income Fund||||||207,193||177,195|
|Current Liabilities||||||||||
|Professional|fees (including||VAT)|||1,800||1,800||
|Grants||||||0||0||
|Management|and administration|||expenses||5,549||5,474||
||||||||7,349||7,274|
||||||||311,322||229,855|
|7
Analysis of Net assets between|||||Funds|||||
|||||||A.ccumulated||Designated||
|||||||Income|Fund|Capital|Total|
|||||||||Fund||
|Investments|||||||82,604|4,912,980|4,995,584|
|Other net assets||||||207,193||96,780|303,973|
|At 31March 2021||||||289,797||5,009,760|5,299,557|
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