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|CONTENTS|||||
|---|---|---|---|---|
|||||Pages|
|Administrative
information|||||
|Trustees'
report including
statement|ofTrustees'||responsibilities|2 —5|
|Independent
examiners'
report|||||
|Statement offinancial
activities|||||
|(including
summary
ofincome &expenditure||account)|||
|Balance sheet|||||
|Notes to the financial statements||||g —13|
|||THE THOMAS GIBBINS CHARITY|||
|---|---|---|---|---|
|||ADMINISTRATIVE
INFORMATION|||
|Trustees:||DSJackson|||
|||J A Lomer|||
|||J Hipkiss|||
|Registered|office:|Kingsnorth
House|||
|||Blenheim Way|||
|||Birmingham|||
|||B448LS|||
|Bankers:||Virgin Money|||
|||138New Street|||
|||Birmingham|||
|||B24NS|||
|Accountants:||Malcolm
Piper 8 Company|Limited||
|||Kingsnorth
House|||
|||Blenheim Way|||
|||Birmingham|||
|||B448LS|||
|Investment|managers:|Brewin Dolphin|||
|||12Smithfield
Street|||
|||London|||
|||EC1A 9BD|||
|Registered|Charity number:|246451|||
|Enquiries||Mr DSJackson|||
|||C/o Malcolm
Piper &Company||Limited|
|||Kingsnorth
House|||
|||Blenheim Way|||
|||Birmingham|||
|||B448LS|||
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||||||Permanent|General|2021|Permanent|General|2020|
|---|---|---|---|---|---|---|---|---|---|---|
||||||fund|fund|Total|fund|fund|Total|
||||||K|E|F.||E|K|
|Income|||||||||||
|Investments|||||||||||
|Dividends
and income from|||||||||||
|investments||||||44,955|44,955||48,843|48,843|
|Rental income||||||43,200|43,200||43,200|43,200|
|Total income||||||88,155|88,155||92,043|92,043|
|Expenditure
on:|||||||||||
|Charitable
activities|||||||||||
|Donations,
grants||and other|||||||||
|benefits paid||||||(53,864)|(53,864)||(58,989)|(58,989)|
|Investment
management|||costs||(3,491)|(5,225)|(8,716)|(3,308)|(4,429)|(7,737)|
|Other|||||||||||
|Legal and other professional||||fees|||||||
|(note 2)||||||(8,311)|(8,311)||(8,637)|(8,637)|
|Total expenditure|||||3,491|67,400|70,891|3,308|72,055|75,363|
|Net (expenditure)||Iincome before|||||||||
|gains and losses|||||(3,491)|20,755|17,264|(3,308)|19,988|16,680|
|Net gains/(losses)|on investments||||68,514|97,967|166,481|(40,796)|9,376|(31,420)|
|Net surplus/(deficit)||and|||||||||
|Net movement
in|funds||||65,023|118,722|183,745|(44,104)|29,364|(14,740)|
|Total funds brought
forward|||||||||||
|at 1 January 2021|||||1,012,531|1,029,039|2,041,570|1,012,531|1,029,039|2,041,570|
|Total funds carried forward
At 31 December 2021|||||1,077,554|1,147,761|2,225,315|1,012,531|1,029,039|2,041,570|
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|AS AT 31 DE|CEMBER 2021|||
|---|---|---|---|
|||2021|2020|
||Note|E||
|MONETARY ASSETS||||
|Cash and bank account balances:||||
|Current account||84,872|128,857|
|||84,872|128,857|
|Other monetary assets:||||
|Indemnity
Insurance||1,998|709|
|Donations||12,251|13,820|
|Rent receivable||13,560|13,560|
|||27,809|28,089|
|Current liabilities:||||
|Accruals and other creditors
VAT||(4,300)
~1,375|(6,039)
~887|
|||5,675|7,026|
|Total monetary assets||107,006|149,920|
|INVESTMENT ASSETS||||
|Listed investments|6|1,678,994|1,385,084|
|Investment
property|5|406,074|406,074|
|Money held by brokers||29,739|42,829|
|Loans advanced|9|3,502|57,663|
|||2,118,309|1,891,650|
|Net assets||2,225,315|2,041,570|
|Charity Funds||||
|General
fund||||
|- net current assets||1,147,761|1,029,039|
|Permanent
fund||||
|- investments
at cost||406,074|406,074|
|- net current assets||671,480|606,457|
|Total Charity Funds||2,225,315|2,041,570|
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|AL AND OT|H|ER P|ROFE|SSIONAL FEES|||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||E|E|
|Independent||examiners||fee|1,750|1,750|
|Accounting|and company|||secretarial fees|4,400|4,400|
|Trustee indemnity|||insurance||2,137|1,094|
|Legal Fees|||||(292)|1,243|
|Travel, stationery|||and postage||136||
|Bank charges||paid|||180|150|
||||||8,311|8,637|
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|STMENT PROPERT|IES||
|---|---|---|
|||Freehold|
|||investment|
|||property|
|||5|
|Cost|||
|At1 January2021|and||
|At 31 December 2021||406,074|
|Net book value|||
|31 December 2021||406,074|
|31 December 2020||406,074|
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|||||Market|||||Market|
|---|---|---|---|---|---|---|---|---|---|
|||||value||||Change
in|value|
|||||b/fwd.||||market|c/fwd.|
|||||1.1.21|Additions
E||Disposals
6|value
6|31.12.21
f|
|General||Fund||798,763|142,499||(19,440)|97,967|1,019,789|
|Permanent|||Fund|586,321|10,000||(5,630)|68,514|659,205|
|Total Funds||||1,385,084|152,499||(25,070)|166,481|1,678,994|
|EMENT|OF||FUNDS|||||||
|||||At||||Net gain /|At|
|||||1 January||||(loss) on|31 December|
|||||2021|Income|Expenditure||Investments|2021|
||||||F||6|6||
|General|fund|||1,029,039|88,155||(67,400)|97,967|1,147,761|
|Permanent||fund||1,012,531|||(3,491)|68,514|1,077,554|
|Total funds||||2,041,570|88,155||(70,891)|166,481|2,225,315|
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|e Charity under
d
below:|non-cancellab|
|---|---|
|2021|2020|
|8|8|
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