| Page | |||
|---|---|---|---|
| Legal and administrative | information | ||
| Trustees annual report |
2-5 | ||
| Independent auditor's |
report | 6-7 | |
| Statement offinancial | activities | ||
| Statement offinancial | position | ||
| Notes to the accounts | 10 —14 |
| Trustees | Mrs J Hayward, | Senior Trustee | |||
|---|---|---|---|---|---|
| Mrs S Knight, | Honorary Treasurer | ||||
| Ms J Dunham | |||||
| Mrs SVening | |||||
| Mr S Collins | |||||
| Mr P Summerfield | |||||
| Auditors | Branston Adams | ||||
| Chartered Certified Accountants |
|||||
| Suite 2 Victoria | House | ||||
| South Street | |||||
| Farnham | |||||
| Surrey | |||||
| GU9 7QU | |||||
| Principal | registered | address | Clare Pegden | ||
| Administrator | |||||
| P0Box2 | |||||
| Liss | |||||
| Hampshire | |||||
| GU33 6YP |
| 236782 | ||
|---|---|---|
| Cazenove | Capital Management | (Schroders) |
| 1 London Wall Place | ||
| London | ||
| EC2Y 5AU | ||
| Kidd Rapinet | ||
| Sovereign | House | |
| 19South Street | ||
| Farnham | ||
| Surrey | ||
| GU9 7QU | ||
| Cazenove | Capital Management | (Schroders) |
| 1 London Wall Place | ||
| London | ||
| EC2Y 5AU |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Note | ||||||
| INCOMING RESOURCES |
||||||
| Investment income |
2 | 68,379 | 76,581 | |||
| Interest Receivable | 3 | 802 | 3,616 | |||
| Rental income | 244,823 | 262,226 | ||||
| TOTAL INCOMING RESOURCES |
314,004 | 342,423 | ||||
| RESOURCES EXPENDED | ||||||
| Costs ofgenerating funds: |
||||||
| Rental expenses | 4 | 81,798 | 83,021 | |||
| Charitable activities |
5 | 154,000 | 333,000 | |||
| Governance costs |
||||||
| Management and adminisration |
6 | 41,110 | 35,912 | |||
| TOTAL RESOURCES EXPENDED | 276,908 | 451,933 | ||||
| NET RESOURCES EXPENDED BEFORE | ASSET DISPOSAL | 37,096 | (109,510) | |||
| Gains/(Loss) on disposals of |
property assets | |||||
| Gains/(Loss) on disposals of |
investment | assets | ||||
| NET RESOURCES EXPENDED BEFORE | REVALUATIONS | 37,096 | (109,510) | |||
| Gains/(Loss) on revaluations |
of property | assets | ||||
| Gains/(Loss) on revaluations |
of investment | assets | 261,648 | (250,797) | ||
| NET MOVEMENT IN FUNDS |
FOR THE | YEAR | 298,744 | (360,307) | ||
| Total funds at 1 April 2019 | 6,913,409 | 7,273,716 | ||||
| TOTAL FUNDS AT 31 MARCH 2020 | 7,212,153 | 6,913,409 |
| 2. | INVESTMENT INCOME | ||
|---|---|---|---|
| 2021 | 2020 | ||
| UK quoted investments |
68,379 | 76,581 | |
| 3. | INTEREST RECEIVASLE | ||
| 2021 | 2020 | ||
| Interest receivable | 802 | 3,616 | |
| 4. | RENTAL EXPENDITURE | ||
| 2021 | 2020 | ||
| Community charges and general rates Agent's fees |
1,707 30,346 |
118 33,416 |
|
| Repairs and maintenance Service charges Light 8 heat and insurance |
35,373 6,751 7,621 |
34,210 7,919 7,358 |
|
| 81,798 | 83,021 |
| Grants | Grants | Grants | 154,000 |
|---|---|---|---|
| Grants were made as follows in the year ended 31 March |
2021: | ||
| 10/06/2020 | Prison Phoenix Trust | 7,000.00 | |
| 10/06/2020 | Rokpa —KSD Edinburgh |
3,000.00 | |
| 17/07/2020 | Ridley Hall | 4,000.00 | |
| 17/07/2020 | Peace Hospice Care | 10,000.00 | |
| 17/09/2020 | A Rocha Uk | 10,000.00 | |
| 17/09/2020 | Norwich Zen Buddhist | Priory | 2,000.00 |
| 17/09/2020 | Trinity Hall Development |
3,000.00 | |
| 06/10/2020 | Gaia House | 10,000.00 | |
| 06/10/2020 | Dent Meditation Centre |
10,000.00 | |
| 23/11/2020 | Walk Ministries | 10,000.00 | |
| 23/11/2020 | PCC St Michael 8 All Angels | 5,000.00 | |
| 23/11/2020 | A Rocha Uk | 5,000.00 | |
| 23/11/2020 | Wesley House Cambridge | 5,000.00 | |
| 21/12/2020 | Children's Hospice South West |
11,000.00 | |
| 21/12/2020 | East Anglia Children's | Hospice | 11,000.00 |
| 21/12/2020 | Ellenor | 3,000.00 | |
| 24/03/2021 | Rookhow | 12,000.00 | |
| 24/03/2021 | St Clare West Essex Hospice Care Trust | 18,000.00 | |
| The Rokpa Trust —Loan Converted | 15,000.00 | ||
| Total | F154,000.00 |
| ERNANCE C |
OST | S | |||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Management | and | administration | costs | ||
| Professional | and legal fees | 12,818 | 5,531 | ||
| Accountancy | fees | 2,464 | 2,316 | ||
| Audit fees | 2,600 | 2,600 | |||
| Staff salaries | 17,633 | 19,690 | |||
| Pension | 318 | 340 | |||
| Travel, stationery, | postage and office expenses | 5,277 | 5,435 | ||
| 41,110 | 35,912 |
| The average number ofperso |
n's employed |
dur | ing the year was | 1 (2020-1) | |
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Staff costs were as follows: | |||||
| Staff salaries | 16,885 | 18,559 | |||
| Social security costs | 748 | 1,131 | |||
| 17,633 | 19,690 | ||||
| No Employee or Trustee received emoluments | above f60,000. | ||||
| TANGIBLE FIXEDASSETS | |||||
| 2021 | 2020 | ||||
| Freehold and leasehold | investment | property | |||
| As at 1 April 2020 | 4,880,000 | 3,805,000 | |||
| Additions | 1,267,500 | 1,700,000 | |||
| Disposals | 625,000 | ||||
| Revaluations | |||||
| Balance as at 31 March | 2021 | 6,147,500 | 4,880,000 |
| STMENTS | |||
|---|---|---|---|
| 2021 | 2020 | ||
| Investments | Valuation | ||
| Market value | as at 1 April 2020 | 1,311,378 | 1,562,174 |
| Additions | |||
| Disposals | |||
| Revaluations | (293,352) | (250,797) | |
| Market value | as at 31 March 2021 | 1,018,026 | 1,311,378 |
| Charity he |
ld the foll | owing mate |
rial UK investment |
portfolios as at 31 Ma |
|---|---|---|---|---|
| 2021 | ||||
| Material | LIK Investments | |||
| Cazenove | Income | Maximiser | Fund | 194,265 |
| Cazenove | Charity | Multi-Asset | Fund | 823,761 |
| Market value as at | 31 March | 2021 | 1,018,026 |
| TORS | |||
|---|---|---|---|
| 2021 | 2020 | ||
| Trade | debtors | 2,404 | 2,617 |
| Loans | to charities | 0 | 15,000 |
| Other | debtors | 5,000 | 5,000 |
| 7,404 | 22,617 |
| 2021 | 2020 | |
|---|---|---|
| Social security 8 other taxes | (5) | 502 |
| Pension | 804 | 62 |
| Accruals | 4,000 | 4,000 |
| 4,799 | 4,564 |