| Trustees | Fred Ashmore (re-appointed |
October 2020 | |||||
| to September 2026) | |||||||
| Kate Cargin (appointed | July | 2020 | to June | ||||
| 2026) | |||||||
| Hugh Corner (appointed | March 2020 to | ||||||
| September 2025) | |||||||
| Nick Davis (re-appointed | October | 2020 to | |||||
| September 2023) | |||||||
| Oli GrNiths (appointed |
May | 2019 | to | ||||
| September 2025) | |||||||
| John Irving (appointed | November | 2020 to | |||||
| October 2026) | |||||||
| Charity | number | 237243 | |||||
| Principal | address | Kingston Quaker Centre | |||||
| Fairlield East | |||||||
| Kingston upon Thames |
|||||||
| KT1 2PT | |||||||
| Independent | examiner | David Howard | |||||
| 1 Park Road | |||||||
| Hampton Wick |
|||||||
| Kingston Upon Thames |
|||||||
| KT1 4AS | |||||||
| Investment | Manager | Rathbone Greenbank |
Investments | ||||
| 10Queen Square | |||||||
| Bristol | |||||||
| BS14NT |
| Page | ||||
|---|---|---|---|---|
| Trustees' | report | 1 -2 | ||
| Independent examiner's |
report | |||
| Statement | of financial | activities | ||
| Balance sheet | ||||
| Notes to | the financial | statements |
| Unrestricted | Endowment | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2020 | 2020 | 2020 | 2019 | |||
| Notes | 6 | 'E | 2 | 6 | ||
| Investments | 2 | 45,832 | 45,832 | 57,557 | ||
| ~Edit | ||||||
| Raising funds | 3 | 24,478 | 24,478 | 23,280 | ||
| Charitable activities |
4 | 3,743 | 3,743 | 14,447 | ||
| Total resources expended | 28,221 | 28,221 | 37,727 | |||
| Net gains/(losses) | on investments | 289,864 | 289,864 | 536,210 | ||
| Net movement in |
funds | 17,611 | 289,864 | 307,475 | 556,040 | |
| Fund balances at 1 January 2020 | 95,527 | 3,434,726 | 3,530,253 | 2,974,214 | ||
| Fund balances at | 31 December 2020 | 113,138 | 3,724,590 | 3,837,728 | 3,530,254 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| Notes | 2 | |||||
| Rxed assets | ||||||
| Investments Current assets |
10 | 3,786,576 | 3,483,939 | |||
| Debtors | 11 | 771 | 11,227 | |||
| Cash at bank and in | hand | 12 | 53,385 | 38,008 | ||
| 54,156 | 49,235 | |||||
| Creditors: amounts | falling due within | |||||
| one year | 13 | (3,004) | (2,920) | |||
| Net current assets | 51,152 | 46,315 | ||||
| Total assets less | current liabilities | 3,837,728 | 3,530,254 | |||
| Capital funds | ||||||
| En wment fu |
- | ener I |
||||
| General endowment | funds | 15 | 3,724,590 | 3,434,727 | ||
| Income funds | 3,724,590 | 3,434,727 | ||||
| Unrestricted funds |
16 | 113,138 | 95,527 | |||
| 3,837,728 | 3,530,254 |
| 2020 | 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 6 | 2 | ||||||||
| Income from listed | investments | 31,480 | 46,694 | ||||||
| Interest receivable | (from Rathbone | Greenbank | Investment | funds) | 14,254 | 10,750 | |||
| Interest receivable | (from other cash deposits) | 98 | 113 | ||||||
| 45,832 | 57,557 | ||||||||
| 3 | Raising funds | ||||||||
| 2020 | 2019 | ||||||||
| 2 | |||||||||
| Rathbones Greenbank |
Investment | management | fees | 24,478 | 23,280 | ||||
| 24,478 | 23,280 | ||||||||
| 4 | Charitable activities |
||||||||
| 2020 | 2019 | ||||||||
| 6 | |||||||||
| Grant funding of activities (see note |
5) | 10,545 | |||||||
| Share of support costs (Administrative Share of governance costs (see note 6 |
costs ) ) |
845 2,898 |
1,082 2,820 |
||||||
| 3,743 | 14,447 |
| 5 | Grants payable | ||||||
|---|---|---|---|---|---|---|---|
| 2020 | 2019 | ||||||
| 6 | 6 | ||||||
| Grants to support the Kingston Local Meeting | House | 7,980 | |||||
| Grants to other Local Meetings of the Religious Society of Friends | 2,565 | ||||||
| 10,545 | |||||||
| 6 | Independent | Examiner's | remuneration | ||||
| 2020 | 2019 | ||||||
| Review of the | financial | statements | 1,449 | 1,410 | |||
| Accountancy | and other advisory services | 1,449 | 1,410 | ||||
| 2,898 | 2,820 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| 6 | ||||
| Revaluation | of | investments | 38,487 | 524,088 |
| Gain/(loss) | on | sale of investments | 251,377 | 12,122 |
| 289,864 | 536,210 |
| 2020 | 2019 |
|---|---|
| 771 | 11,227 |
| Cash in bank a | nd in han | d | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted fund |
Permanent Endowment |
Freehold Land and |
Expendable Endowment |
2020 | 2019 | ||
| fund | Property | fund | |||||
| fund | |||||||
| CafCash current | account | 2 | 2 | ||||
| The Affirmative Deposit Fund for Charities |
36,959 | 36,959 | 21,680 | ||||
| 16,426 | 16,426 | 16,328 | |||||
| 66 959 | 16,426 | 53385 | 38,008 |
| 2020 | 2019 |
|---|---|
| 6 | 2 |
| 3,004 | 2,920 |
| Analysis of net assets between funds | ||||
|---|---|---|---|---|
| Unrestricted Funds |
Endowment Funds |
Total | Total | |
| Fund balances at 31 December 2020 are represented by: |
2020 2 |
2020 | 2020 2 |
2019 |
| Investments | ||||
| Current assets/(liabilities) | 3,786,576 51,152 |
3,786,576 51,152 |
3,483,939 46,315 |
|
| 3,837,728 | 3,837,728 | 3,530,254 |
| Endowme | nt | funds | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Movement In funds |
|||||||||
| Balance at 1 | Incoming | ResourcesNet | Gains and | Balance at 31 | |||||
| January 2020 |
resources | expended | Losses | December 2020 | |||||
| Permanent Endowment Fund Freehold Land and Property Fund Expendable Endowment Fund |
6 354,180 2,551,762 528,785 |
6 | 6 40,130 238,050 11,683 |
6 394,310 2,789,812 540,468 |
|||||
| 3,434,727 | 289,863 | 3,724,590 |