| Page | |
|---|---|
| Reference and Administrative Information |
|
| Trustees' Annual Report |
2 —4 |
| Independent Examiner's Report |
|
| Statement ofFinancial Activities | |
| Balance Sheet | |
| Notes to the Financial Statements | 8-13 |
| Unrestricted | Funds | |||||
|---|---|---|---|---|---|---|
| Expendable | Total | Total | ||||
| NOTE | Endowment | Income | 2021 | 2020 | ||
| E | 6 | 6 | ||||
| INCOME | ||||||
| Investment Income |
53,258 | 53,258 | 66,569 | |||
| TOTAL INCOME | 53,258 | 53,258 | 66,569 | |||
| EXPENDITURE | ||||||
| Costs of generating | funds | 4 | 11,627 | 11,627 | 11,524 | |
| Charitable activities |
5,7 | 4,732 | 70,621 | 75,353 | 78,477 | |
| TOTAL EXPENDITURE | 16,359 | 70,621 | 86,980 | 90,0015 | ||
| NET EXPENDITURE | (16,359) | (17,363) | (33,722) | (23,432) | ||
| Gains/(Losses) on investments |
||||||
| Realised | 3,006 | 3,006 | (253) | |||
| Unrealised | 434,004 | 434,004 | (361,382) | |||
| NET MOVEMENT | IN FUNDS | 420,651 | (17,363) | 303,288 | (385,067) | |
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 1,824,641 | 182,933 | 2,007,574 | 2,392,641 | |
| BALANCE CARRIED FORWARD | 2,245,292 | 165,570 | 2,410,862 | 2,007,574 |
| 2021 | 2020 | ||
|---|---|---|---|
| Income | from Investments | 53,187 | 66,311 |
| Interest | on cash deposits | 71 | 258 |
| 53,258 | 66869 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Investment | Management | Fee | (after fee adjustment/rebates) | 6,779 | 6,885 |
| Custodian | and Administration | Fees | 4,848 | 4,639 | |
| 11,627 | 11,524 |
| 2021 | ||
|---|---|---|
| Give a Child a Brighter Future | 5,000 | |
| StMary's Chiddingstone | 4,000 | |
| StLukes Chiddingstone | Causeway | 3,000 |
| Arundel Cricket Foundation |
2,000 | |
| Hackney City Farm | 2,000 | |
| Heather Trust | 2,000 | |
| Hebridean Trust |
2,000 | |
| Prisoners Education Trust | 2,000 | |
| Royal Caledonian Education Trust |
2,000 | |
| StMichaels Clifton Hampden | 2,000 | |
| StMungo's | 2,000 | |
| The Garden Museum | 2,000 | |
| Donations under 62,000 | 37,850 | |
| Total donations | 67,850 | |
| Support and Governance | Costs (note 7) | 7,503 |
| Total | 75,353 |
| 2021 | 2020 | 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| No. | No. | 6 | |||||||
| The prevention of |
relief ofpoverty | 5 | 9 | 6,300 | 7,050 | ||||
| The advancement | of | education | 8 | 8 | 10,000 | 7,700 | |||
| The advancement | of | religion | 6 | 5 | 9,400 | 5,500 | |||
| The advancement | of | health or | the saving | oflives | 12 | 19 | 13,350 | 26,250 | |
| The advancement | of | citizenship | or community | 2 | 2,000 | ||||
| The advancement | of | the arts, culture, heritage, or | 7 | 5 | 7,300 | 5,000 | |||
| science | |||||||||
| The advancement | of | amateur sport | 3 | 1 | 3,500 | 1,000 | |||
| The advancement | of | environmental | protection or | 8 | 10 | 9,500 | 7,200 | ||
| improvement | |||||||||
| The relief of those | in | need by reason of | youth, age, | 1 | 7 | 1,000 | 6,000 | ||
| ill-health, disability, |
financial | hardship | or other | ||||||
| disadvantage | |||||||||
| The advancement | of | animal welfare | 5 | 4 | 5,500 | 4,000 | |||
| 57 | 68 | 67,850 | 69,700 |
| SUPPORT AND GOVERNANCE | SUPPORT AND GOVERNANCE | SUPPORT AND GOVERNANCE | COSTS | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | |||||||
| Expendable | Unrestricted | 2021 | 2020 | ||||
| Endowment | Income | Total | Total | ||||
| 6 | |||||||
| Independent | Examiner | Fee: | |||||
| —current year | 2,700 | 2,700 | 2,640 | ||||
| -prior year under accrual | 1,240 | ||||||
| Legal and Professional | Fees | 4,732 | 4,732 | 4,786 | |||
| Bank Charges | 71 | 71 | 50 | ||||
| Sundry Charges | 61 | ||||||
| To Charitable | activities | (4,732) | (2,771) | (7,503) | (8,777) | ||
| FIXEDASSETINVESTMENTS | |||||||
| Movement in |
fixed asset investments | ||||||
| Unlisted | Securities | Listed Securities | Total | Total | |||
| 2021 | 2020 | 2021 | 2020 | 2021 | 2020 | ||
| 6 | 6 | ||||||
| Market Value Brought | 41,018 | 81,701 | 1,637,877 | 1,973,322 | 1,678,895 | 2,055,023 | |
| Forward | |||||||
| Acquisitions at Cost |
(1,570) | 40,935 | 250,683 | 39,365 | 250,683 | ||
| Less Disposal Proceeds | (48,212) | (38,000) | (216,964) | (38,000) | (265,176) | ||
| Realised Gains/(losses) | 3,059 | 3,006 | (3,312) | 3,006 | (253) | ||
| on disposals | |||||||
| Net Boss)/gain | on | (7,199) | 4,470 | 441,203 | (365,852) | 434,004 | (361,382) |
| revaluation | |||||||
| Market Value | at 5 | 32,249 | 41,018 | 2,085,021 | 1,637,877 | 2,117,270 | 1,678,895 |
| April | |||||||
| Histori col Costs | at5 | 28,846 | 29,585 | 1,692,918 | L688829 | 1,721,764 | 1,718,514 |
| April | |||||||
| Geographical | Analysis | ||||||
| UK investments | 32,249 | 41,018 | 2,004,935 | 1,566,276 | 2,037,184 | 1,607,294 | |
| Overseas investments | 80,086 | 71,601 | 80,086 | 71,601 | |||
| 32,249 | 41,018 | 2,085,021 | 1,637,877 | 2,117,270 | 1,678,895 |
| Investments | Holding | Value | |
|---|---|---|---|
| (6) | |||
| Stonehage Fleming Global Equities Fund II | 260,106 | 661,969 | |
| Stonehage Fleming UK | Equip Income Fund | 128,991 | 214,253 |
| Pimco Global Advisors | IRLLtd | 18,635 | 195,298 |
| TBailey Evenlode Global Income | 141,305 | 182,213 | |
| Bluebay Fund Management CoSA GBL |
1,340 | 152,455 | |
| Artemis Fund Manager | Global Units | 119,833 | 124,674 |
| Man Fund Management | UK Man GLG UK | 94,538 | 107,679 |
| EBTORS | ||
|---|---|---|
| 2021 | 2020 | |
| Total | Total | |
| Fee Rebate Due | 326 | 243 |
| Income Due | 5,652 | |
| 5,978 | 243 |
| Unrestricted | |||
|---|---|---|---|
| Expendable | Unrestricted | 2021 | |
| Endowment | Income | Total | |
| 6 | 6 | 6 | |
| 4,757 | 2,700 | 7,457 | |
| 4,757 | 2,700 | 7,457 | |
| Unrestricted | |||
| Expendable | Unrestricted | 2020 | |
| Endowment | Income | Total | |
| 6 | |||
| 3,848 | 2,640 | 6,488 | |
| 3,848 | 2,640 | 6,488 |
| NALYSIS OF CHARITABLE | FUNDS | ||
|---|---|---|---|
| Unrestricted | |||
| Expendable | Unrestricted | 2021 | |
| Endowment | Income | Total | |
| 8 | |||
| Investments | 2,117,270 | 2,117,270 | |
| Cash at bank | 132,453 | 162,618 | 295,071 |
| Debtors | 326 | 5,652 | 5,978 |
| Creditors | (4,757 | (2,700) | (7,457 |
| 2,245,292 | 165+70 | 2,410,862 | |
| Unrestricted | |||
| Expendable | Unrestricted | 2020 | |
| Endowment | Income | Total | |
| Investments | 1,678,895 | 1,678,895 | |
| Cash at bank | 149,351 | 185,573 | 334,924 |
| Debtors | 243 | 243 | |
| Creditors | (3,848) | (2,640) | (6,488) |
| 1,824,641 | 182,933 | 2,007874 |