## ## |||Page| |---|---|---| |Report ofthe Trustees||1 to 3| |Statement
of Financial
Activities||| |Statement
ofcomprehensive|income|| |Balance Sheet||| |Notes to the financial statements||7to 11| |Analysis
ofexpenditure||12| |Rental income schedule||13| |Summary
ofshare investments|and income|14| |Report ofthe independent
examiner||15to16| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |for the year ended 31 December 20|20|||| |---|---|---|---|---| ||Unrestricted|Endowment|Total|| ||Funds|Funds|Funds|| ||2020|2020|2020|2019| ||E|E|f|6| |Incoming
resources||||| |Investment
income||||| |Dividends
(page 14)|4,127||4,127|8,211| |Interest (page 10)|80||80|13| |Other trading
activities|30,036||30,036|29,301| |Total incoming
resources|34,243||34,243|37,525| |Charitable
expenditure||||| |Direct - re rental income (page 12)|(6,059)||(6,059)|(14,183)| |Investment
management
costs
Indirect - general (page 12)
Total resources
expended|(1,034)
~8,973
16,066||(1,034)
~6973
~16,966|(996)
~8.846
~23,824| |Gains on investments
on valuation|9,039|13,462|22,501|30,653| |Gains on property
revaluation||||60,000| |Net movement
in funds for the year|27,216|13,462|40,678|104,354| |Total funds at 1 January 2020|241,671|950,100|1,191,771|1,087,417| |Total funds at 31 December 2020|268,887|963,562|1,232,449|1,191,771| ## ## |||2020|2019| |---|---|---|---| ||||6| |Surplus for the financial year||18,177|13,701| |Other comprehensive
income|||| |Gain on valuation|of listed shares|22,501|30,653| |Gain on revaluation|of land and buildings||60,000| |Funds generated|in year as shown on SOFA|40,678|104,354| ## ## |as at 31 December|20|20|||||||| |---|---|---|---|---|---|---|---|---|---| ||||Notes||||2020||2019| ||||||||||6| |Fixed assets|||||||||| |Investment
assets|||||||815,000||815,000| |Share investments|||||||373,655||347,857| ||||||||1,188,655||1,162,857| |Current assets|||||||||| |Debtors||||10||2,066||2,047|| |Cash at bank and in hand||||||64,938||51,253|| |||||||67,004||53,300|| |Current liabilities||||10|(23,210)|||(24,386)|| |Net current assets|||||||43,794||28,914| |Total assets less current||liabilities|||||1,232,449||1,191,771| |Funds|||||||||| |Permanent
endowment|fund|||8|||963,562||950,100| |Unrestricted
fund||||8|||268,887||241,671| ||||||||1,232,449||1,191,771| |Approved
by the Trustees||on:|go,|~q, r|0|& I|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |for|the year ended 31 December 2020||||| |---|---|---|---|---|---| |4|Employees|||2020|2019| |||||E|E| ||Average
number ofpersons employed|by the company|||| |5|Tangible fixed assets||||| |||||Fixtures|| ||||Investment|and|| ||||properties
f|fittings
E|Total
E| ||Cost or valuation||||| ||At 1 January 2020||815,000|966|815,966| ||At 31 December 2020||815,000|966|815,966| ||Depreciation||||| ||At 1 January 2020||||| ||At 31 December 2020||||| ||Net book value||||| ||At 31 December 2020||815000||815,000| ||At 31 December 2019||815,000||815,000| ## |||2020||2019|| |---|---|---|---|---|---| ||||Market||Market| |||Costf|Valuef|Costf|Value
E| |Capital fund||126,844|141,242|124,691|131,722| |Repairs fund||11,410|12,704|10,657|11,827| |Accumulation|fund|197,314|219,709|193,362|204,308| |||335,568|373,655|328,710|347,857| ## |||||Unrestricted|Unrestricted|funds|||| |---|---|---|---|---|---|---|---|---|---| |||||General||repairs||Total|Funds| |||||8|||||| ||Income (page 4)
Expenditure
(page 11)|||34,243
~16,066||||34,243
~16.066|| |||||18,177||||18,177|| ||Opening
value as previously||stated|229,844||11,827||241,671|950,100| ||Funds available
for use|||248,021||11,827||259,848|950,100| ||Net investment
(losses)/gains|||8,162
56, 83|877
~1,2|||9039|13662| |8|Analysis ofFund Balances||between|the Net Assets|||||| |||||Unrestricted||funds|||| |||||||Extra||Permanent|| |||||||ordinary||Endowment|| |||||||repairs||funds|Total| ||Fixed assetsfinvestmsnt|properties||||||815,000|815,000| ||Share investments|||219,709||12,704||141,242|373,655| ||Net current assets|||36,474||||7,320|43,794| |||||256,183||12,704||963,562|1,232,449| |9|Analysis ofIncome||||||||| |||||||||2020|2019| ||Other interest on deposits|||||||60|| |10|Analysis ofDebtors and|Creditors|||||||| |||||||||2020|2018| ||Debtors||||||||| ||Rent deposit held by Solicitors
Insurance
etc prepaid|||||||1,000
1,000
1,066
1,047
~K~2|| ||Creditors||||||||| ||Garden
maintenance|||||||120|| ||Heat and light|||||||80|80| ||Accountancy
fees|||||||1,260|1,056| ||Deferred income|||||||20,750|22,250| ||Deposit held re Tennis Courts|||||||1,000|1,000| ## ## ## |Balance|as at 1 January 2020|22,250| |---|---|---| |Released|to SOFA in the year|1,500| |Balance|as at 31 December 2020|20,750| ## |The Basil Hamilton|The Basil Hamilton|Whiteford|Whiteford|Charity for Poor||| |---|---|---|---|---|---|---| |Analysis
of Expenditure||||||| |for the year ended 31|||December 2020|||| ||||||2020|2019| ||||||6|| |Direct expenses
-|Rental|||||| |Repairs and renewals|||||1,836|10,953| |Insurances|||||1,065|1,121| |Alarm System|||||681|669| |Garden
Maintenance|||||2,477|1,440| ||||||6,059|14,183| |Indirect expenses|-general|||||| |Clerk - salary|||||7,200|7,200| |Travelling
and sundry expenses|||||381|293| |Accountancy
fee|||||1,392|1,152| |Investment
management|||costs||1,034|996| ||||||10,007|9,641| |Total expenses|||||16,066|23,824| ## |for the|year ended 31 De|cember 2020|||| |---|---|---|---|---|---| ||||Lockington||| ||||Avenue||| ||||Tennis|Total|| |||Edenside|Courts|2020|2019| |||Hartley|Hartley||| |||6|6||| |Income|||||| |Rents received||28,536|1,500|30,036|29,301| |Less: expenses|||||| |Repairs|and renewals|1,836||1,836|10,953| |Insurances||1,065||1,065|1,121| |Call alarm system||681||681|669| |Garden|maintenance|2,477||2,477|1,440| |||6,059||6,059|14,183| |Net surplus/(shortfall)||22,477|1,500|23,977|15,118| ## ## |for the year ende|d 31 December|2020||||| |---|---|---|---|---|---|---| ||||||Income|| |||Nominal|Cost at|Valuation
at|2020|2019| |||Holdings|31.12.20|31.12.20||| |PERMANENT
ENDOWMENT
FUND||||||Old| |7IM AAP Moderately|Adventurous|||||| |Dublin C Grp Acc|||||0|2,273| |7IM AAP Moderately|Adventurous|||||| |C Grp Acc||23772|43,766|46,617|0|0| |7IM Sustainable
Balance CAcc||50370|83,078|94,625|1,560|739| ||||126,844|141,242||| |EXTRAORDINARY|REPAIRS FUND|||||| |Extraordinary
repairs fund||||||| |7IM AAP Moderately|Adventurous|||||| |Dublin C Grp Acc||||||| |7IM AAP Moderately|Adventurous|||||| |C Grp Acc||2138|3,937|4,193||| |7IM Sustainable
Balance C Acc||4531|7,473|8,511||| ||||11,410|12,704||| |ACCUMULATED
INCOME FUND - Unrestricted||||||| |7IM AAP Moderately|Adventurous|||||| |Dublin C Grp Acc|||||0|3,984| |7IM AAP Moderately|Adventurous|||||| |C Grp Acc||36978|68,081|72515|0|0| |7IM Sustainable
Balance CAcc||78353|129,233|147,194|2,567|1,215| ||||197,314|219,709||| |Total|||335,568|373,655|4,127|8,211| ## ## ##