##
##
##
||||Page|
|---|---|---|---|
|Reference and administrative||details ofthe charity, its trustees and advisers||
|Trustees' report||||
|Independent
auditors'|report||7-10|
|Statement offinancial|activities|||
|Balance sheet|||12|
|Notes to the financial|statements||13-22|
##
|REFERENCE AND|REFERENCE AND|ADMINISTRATIVE|ADMINISTRATIVE|DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS|DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS|DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS|
|---|---|---|---|---|---|---|
|||FOR THE YEAR|||ENDED 31 DECEMBER 2021||
|Trustees||Mr E Whitley|||||
|||Mrs P A Whitley|||||
|||Mr EJ Whitley||OBE|||
|||Mr J Whitley|||||
|||Mrs V Thompson|||||
|Charity registered|||||||
|number||236746|||||
|Principal office||9Corve Street|||||
|||Ludlow|||||
|||Shropshire|||||
|||SY8 1DE|||||
|Secretary||Mrs SSmith|||||
|Independent|auditors|WR Partners|||||
|||Chartered
accountants|||||
|||Belmont House|||||
|||Shrewsbury|Business||Park||
|||Shrewsbury|||||
|||Shropshire|||||
|||SY26LG|||||
|Bankers||National Westminster|||Bank PLC||
|||217Dean Street|||||
|||The Telford|Centre||||
|||Telford|||||
|||Shropshire|||||
|||TF34BT|||||
|Solicitors||mfg Solicitors LLP|||||
|||9Corve Street|||||
|||Ludlow|||||
|||Shropshire|||||
|||SY8 1DE|||||
|Investment|Advisors|Cannaccord|Genuity Wealth|||Limited|
|||41 Lothbury|||||
|||London|||||
|||EC2R 7AE|||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||General|Total|Total|
|---|---|---|---|---|---|---|
||||Capital fund|fund|funds|funds|
||||2021|2021|2021|2020|
|||Note|||||
|INCOME AND ENDOWMENTS|FROM:||||||
|investments||||370,841|370,841|296,766|
|TOTAL INCOME AND ENDOWMENTS||||370,841|370,841|296,766|
|EXPENDITURE ON:|||||||
|Raising funds
Charitable
activities||||51,923
245,064|51,923
245,064|46,055
274,438|
|TOTAL EXPENDITURE||||296,987|296,987|320,493|
|NET INCOME
/ (EXPENDITURE) BEFORE|||||||
|OTHER RECOGNISED GAINS|AND||||||
|LOSSES||||73,854|73,854|(23,727)|
|Gains/(losses)
on investments|||1,045,645||1,045,645|(132,874)|
|NET MOVEMENT
IN FUNDS|||1,045,645|73,854|1,119,499|(156,601)|
|RECONCILIATION
OF FUNDS:|||||||
|Total funds brought
forward|||10,554,930|251,372|10,806,302|10,962,903|
||||11,600,575|325,226|11,925,801|'/0, 806,302|
|TOTAL FUNDS CARRIED FORWARD|||||||
##
||||2021||2020|
|---|---|---|---|---|---|
||Note|||||
|FIXEDASSETS||||||
|Investments|||11,600,515||10,554,934|
|CURRENT ASSETS||||||
|Debtors||348||331||
|Cash at bank and in hand||346,421||279,272||
|||346,769||279,603||
|CREDITORS: amounts|falling due within|||||
|one year|12|(21,543}||(23,235)||
|NET CURRENT ASSETS|||325,226||256,368|
|TOTAL ASSETSLESS|CURRENT LIABILITIES||11,925„801||10,811,302|
|CREDITORS: amounts|falling due after|||||
|more than one year|13||||(5,000)|
|NET ASSETS|||11,925,801||10,806,302|
|CHARITYFUNDS||||||
|Capital fund|14||11,600,575||10,554,930|
|General fund|14||325,226||251,372|
|TOTAL FUNDS|||11,925,801||10,806,302|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||General|Total|Total|
|---|---|---|---|---|
|||fund|funds|funds|
|||2021|2021|2020|
|Equities and unit trusts||273,001|273,001|201,140|
|U.K. Government|Stocks|||5,532|
|Other fixed interest||97,840|9?,840|88,374|
|Bank interest - gross||||'l,720|
|||3?0,841|370,841|296,766|
|Total 2020||296,766|296,766||
##
##
##
|3.|ANALYSIS|OF EXPENDI|TURE|BYEXPENDITUR|E TYPE|||
|---|---|---|---|---|---|---|---|
||||||Other costs|Total|Total|
||||||2021|2021|2020|
|||||||F||
||Expenditure|on investment|management||51,923|51,923|46,055|
||Costs ofraising funds||||51,923|51,923|46,055|
||Direct costs|- Activities|||245,064|245,064|274,438|
||||||296,987|296,987|320,493|
||Total 2020||||320,493|320,493||
|4.|INVESTMENT MANAGEMENT|||COSTS||||
||||||General|Total|Total|
||||||fund|funds|funds|
||||||2021|2021
f.|2020f|
||Investment|management|fees||51,923|51,923|46,055|
||Total 2020||||46,055|46,055||
|ANALYSIS|OF EXPENDITURE B|YACTIVITIES||||
|---|---|---|---|---|---|
|||Grant||||
|||funding
of|Support|||
|||activities|costs|Total|Total|
|||2021|2021|2021|2020f|
|Charitable|expenditure|222,975|22,089|245,064|274,438|
|Total 2020||250,000|24,438|274,438||
##
##
##
##
|ANALYSIS|OF GRANTS||||||
|---|---|---|---|---|---|---|
|||||Grants to|||
|||||Institutions|Total|Total|
|||||2021|2021|2020|
|Grants,
Institutional||||222,975|222,975|250,000|
|Total 2020||||250,000|250,000||
||||||2021|2020|
|Whitley
Fund for Nature|||||132,475|145,000|
|Oxford WILDCRU|||||25,000|25,000|
|Sustainable|Inshore Fisheries|Trust|||23,000|22,500|
|Game and|Wildlife Conservation||Trust - Curlew Country||20,000|30,000|
|Blue Marine|Trust||||5,000|5,000|
|COAST|||||5,000|5,000|
|Fauna and|Flora International|-General|||5,000|5,000|
|RSPBScotland - Capercaillie|||||2,500|5,000|
|Scottish Seabirds Centre|||||2,500|5,000|
|Association|for the Protection|of Rural Scotland|||2,500|2,500|
|Total|||||222,975|250,000|
##
|SUPPORT C|OSTS|||||
|---|---|---|---|---|---|
|||||Total|Total|
||||Activities|2021|2020|
|||||F|E|
|Auditor's
remuneration|||6,480|6,480|5,958|
|Accountancy|services||9,048|9,048|8,350|
|Legal fees|||5,730|5,730|9,322|
|Bank charges|||12|12|41|
|Trustee's
indemnity||insurance|819|819|767|
||||22,089|22,089|24,438|
|Total 2020|||24,438|24,438||
##
##
##
##
##
|FIXEDASSE|T INVESTMENTS||||
|---|---|---|---|---|
|||Listed|Other||
|||securities|investmentsf|Total|
|Market value|||||
|At 1 January|2021|9,707,596|847,338|10,554,934|
|Additions||622,431|(280,554)|341,877|
|Disposals||(341,881)||(341,881)|
|Revaluations||1,045,645||1,045,645|
|At 31 December 2021||11,033,791|566,784|11,600,575|
|Investments|at market value comprise:||||
||||2021|2020|
|Listed investments|||11,033,791|9,707,592|
|Other fixed asset investments|||566,784|847,338|
|Total market|value||11,600,575|10,554,930|
##
##
##
##
##
|||||2021|2020|
|---|---|---|---|---|---|
||Accruals and deferred
income|||16,543|18,235|
||Grants accrued - institutional|(included|in Notes 5 8 6)|5,000|5,000|
|||||21,543|23,235|
|13.|CREDITORS: Amounts
falling due after more than one year|||||
|||||2021|2020|
||Grants accrued - institutional|(induded|in Notes 58 6)||5,000|
##
##
##
##
|STATEMEN|T OF FUNDS - CURRENT Y|EAR|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at||||31|
|||1January|||Gains/|December|
|||2021|Income|Expenditure|{Losses)|2021|
|General fund|||||||
|General Funds||251,372|3?0,841|{296,987}||325,226|
|Capital fund|||||||
|Endowment|Funds|10,554,930|||'I,045,645|11,600,575|
|Total offunds||10,806,302|370,841|{296,987)|1,045,645|11,925,801|
|STATEMENT OF FUNDS - PRIOR YEAR|||||||
|||||||Baiance at|
|||Baiance at||||31|
|||1January|||Gains/|December|
|||2020|Income|Expenditure|(Losses)|2020|
||||||E||
|General Funds||276,635|296,766|(320,493)|(1,536)|251,372|
|Endowment|Funds|10,686,268|||(131,338)|10,554,930|
|Total offunds||10,962,903|296,766|(320,493)|(132,874)|10,806,302|
##
##
##
|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at||||31|
|||1 January||Expenditur|Gains/|December|
|||2021|Incomef|e|(Losses)|2021f|
|General|fund|251,372|370,841|(296,9&7)||325,226|
|Capital|fund|10,554,930|||1,045,645|11,600,575|
|||10,806,302|370,&41|(296,987)|1,045,645|11,925,801|
|SUMMARY OF FUNDS - PRIOR YEAR|||||||
|||||||Balance at|
|||BaIance at||||31|
|||1January|||Gains/|December|
|||2020|Income|Expenditure|(Losses)|2020|
|General|fund|276,635|296,766|(320,493)|(1,536)|251,372|
|Capital|fund|10,686,268|||(131,338)|/0,554,930|
|||10,962,903|296,766|(320,493)|(132,874)|10,806,302|
##
##
##
##
|ANALYSIS OF NET ASSETS BETWEEN FUND|S -CURRENT YEAR|||
|---|---|---|---|
|||General|Total|
||Capital fund|fund|funds|
||2021|2021f|2021|
|Fixed asset investments
Current assets|11,600,575|346,769|11,600,575
346,769|
|Creditors due within one year||(21,543)|(21,543)|
||11,600,575|325,226|11,925,801|
##
|ANALYSIS OF NET ASSETSBETWEEN FUNDS -|PRIOR YEAR|||
|---|---|---|---|
||Capital fund|General fund|Total|
||||funds|
||2020|2020|2020|
|Fixed asset investments|10,554,930||10,554,930|
|Current assets||279,603|279,603|
|Creditors due within one year
Creditors due in more than one year||(23,231)
(5,000)|(23,231)
(5,000)|
||10,554,930|251,372|10,806,302|
##