## **Lord Barnby's Foundation**
**Annual Report and Financial Statements**
**Year Ended 31 March 2021 Charity Number 251016**
## **Lord Barnby's Foundation**
Year Ended 31 March 2021
## Contents
||**Page**|
|---|---|
|Legal and Administrative Details|1|
|Trustees' Annual Report|2|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Accounts|8|
|Schedule of Grants and Donations|10|
|Schedules of Investments|14|
|Schedule of Investment Income Receivable|15|
## **Lord Barnby's Foundation**
## Legal and Administrative Details
## Year Ended 31 March 2021
Lord Barnby's Foundation is a registered charity (no. 251016). It was created and is governed by the Trust Deed dated 29 September 1966.
The principal address of the charity is Lord Barnby's Foundation PO Box 442 Market Drayton TF9 9EQ
Main agents:
## **Independent Examiner**
D Leslie FCA Francis Clark LLP Chartered Accountants North Quay House Sutton Harbour Plymouth PL4 0RA
## **Bankers**
C Hoare & Co 37 Fleet Street London EC4P 4DQ
## **Investment Advisor**
M&G Securities Limited M&G House Victoria Road Chelmsford CM5 1FB
## **Secretary**
Mrs Catherine Thomason PO Box 442 Market Drayton TF9 9EQ
1
## **Lord Barnby's Foundation**
Trustees' Annual Report
## Year Ended 31 March 2021
The Trustees present their report for the year ended 31 March 2021.
## **Trustees**
The Trustees who served during year are as follows:
The Countess Peel Mrs Laura Greenall The Hon George Lopes Mr David Cecil Mr Algy Smith-Maxwell
## **Background and Constitution**
The Settlor of the charity was the late The Rt Hon Vernon, Baron Barnby, who settled under the terms of the Trust Deed a portfolio of investments. Following the death of Lady Barnby on 2 November 1988 the residue of her estate, after payment of certain legacies, was added to the charity.
The appointment of new Trustees is exercisable by the continuing Trustees. Any new Trustees will be chosen for the skills and expertise they can bring to the charity. Training needs will be assessed on an individual basis.
## **Public benefit**
The trustees have reviewed the objects, goals, services and objectives of the charity and can confirm that Lord Barnby's Foundation serves the public benefit. This trustees' annual report continues to evidence how the charity strives to meet need.
The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Aims and Objectives**
The Trust assets are held in two Funds. The General Fund is not subject to any restrictions, and the capital and income of the Fund can be applied for charitable purposes in the United Kingdom or elsewhere, at the discretion of the Trustees.
The Appointed Fund was created by the Deed dated 3 September 1981 between the Settlor and the Trustees, under which certain investments were set aside, the income of which was to be applied for the charitable purposes of the Textile Institute, being a body incorporated by Royal Charter. Subject to this the Appointed Fund is to be held for such institutions as are connected with the textile industry. The Trustees also have power at their discretion to apply the capital for the same purposes.
The Trust Deed gives the Trustees wide powers of investment at their own discretion. The portfolio of investments is managed by M & G Securities Ltd, of M & G House, Victoria Road, Chelmsford, CM5 1FB. Trust assets are invested in M & G Charifund.
The objective of the charity is to manage the portfolio of investments to produce a balance of income generation and long term capital appreciation.
## **Policy on reserves**
The Trustees normally restrict distributions for charitable purposes to the level of the annual income of the charity, but will consider supplementary distributions from capital if the net income falls below a yield of approximately 4 **%.**
The Trustees have established a permanent list of charities which, subject to periodic review, they support every year. Otherwise the Trustees do not have a prescriptive policy towards donations, but will only consider applications in writing accompanied by a set of the latest accounts. The Trustees do not make donations to individuals.
2
## **Lord Barnby's Foundation**
Trustees' Annual Report _(continued)_
Year Ended 31 March 2021
## **Activities and Financial Performance**
The income available for distribution in the year to 31 March 2021 amounted to £217,739 on the General Fund and £9,917 on the Appointed Fund. The total donations amounted to £206,250 from the General Fund and £5,600 from the Appointed Fund. These donations were distributed to those charitable organisations listed in the accounts.
The investments held increased in value during the year by £977,476 this representing an increase of 23.16%.
## **Officers and key personnel**
The day to day management of the charity is carried out by the secretary, Mrs C Thomason who receives remuneration for this service.
## **Trustees' Responsibilities**
The Trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Risk Management**
The major risk to which the charity is exposed is poor performance of the investments held. Actual performance is regularly reviewed against established benchmarks.
## **Going concern**
The Covid - 19 pandemic has impacted many areas of society and businesses including the stock market and in turn the charity's investment values. However, the announcement of the vaccine in November 2020 has seen an improvement in the stock market and whilst dividend income received by the charity during the year has seen a fall and as a result donations to institutions have also fallen, it is anticipated that this will reverse in the future.The accounts have therefore been prepared on a going concern basis.
Approved by the Trustees and signed on their behalf by
## _**The Countess Peel**_
Date 3 December 2021
3
## **Lord Barnby's Foundation**
Independent Examiner's Report to the Trustees of Lord Barnby's Foundation
Year Ended 31 March 2021
I report to the Trustees on my examination of the accounts of Lord Barnby’s Foundation (the Trust) for the year ended 31 March 2021.
## **Responsibilities and basis of report**
As the Trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). You are satisfied that the accounts of the Trust are not required by charity law to be audited and have chosen instead to have an independent examination.
I report in respect of my examination of the accounts. I have carried out my examination under section 145 of the 2011 Act. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently I express no opinion as to whether the accounts present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner’s statement.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records with respect to the Trust were not kept as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
## _**D Leslie FCA**_
Francis Clark LLP Chartered Accountants North Quay House Sutton Harbour PLYMOUTH PL4 0RA Date: 22 December 2021
4
## **Lord Barnby's Foundation**
## Statement of Financial Activities
Year Ended 31 March 2021
**----- Start of picture text -----**
Unrestricted Restricted 2021 Unrestricted Restricted 2020
Funds Funds Funds Funds
Income Income Expendable Endowment Income Income Expendable Endowment
General Appointed General Appointed General Appointed General Appointed
Notes Fund Fund Fund Fund Total Fund Fund Fund Fund Total
£ £ £ £ £ £ £ £ £ £
Income and Expenditure
Income and endowments from:
Investments 11 217,739 9,917 - - 227,656 281,880 12,838 - - 294,718
Expenditure on:
Charitable activities 2 (220,061) (5,600) (225,661) (317,747) (12,000) (329,747)
Net (expenditure)/income before (2,322) 4,317 - - 1,995 (35,867) 838 - - (35,029)
other recognised gains/(losses)
Revaluation of
investment assets: 9/10 - - 934,896 42,580 977,476 - - (1,159,691) (52,818) (1,212,509)
Net (expenditure) / income (2,322) 4,317 934,896 42,580 979,471 (35,867) 838 (1,159,691) (52,818) (1,247,538)
Transfer between funds - - - - - - - - - -
Net movement in funds (2,322) 4,317 934,896 42,580 979,471 (35,867) 838 (1,159,691) (52,818) (1,247,538)
Reconciliation of funds:
Total funds brought forward 65,942 4,775 4,035,677 186,569 4,292,963 101,809 3,937 5,195,368 239,387 5,540,501
-
Total funds carried forward 63,620 9,092 4,970,573 229,149 5,272,434 65,942 4,775 4,035,677 186,569 4,292,963
**----- End of picture text -----**
5
## **Lord Barnby's Foundation**
## Balance Sheet
Year Ended 31 March 2021
**----- Start of picture text -----**
Unrestricted Restricted 2021 Unrestricted Restricted 2020
Funds Funds Funds Funds
Income Income Expendable Endowment Income Income Expendable Endowment
General Appointed General Appointed General Appointed General Appointed
Notes Fund Fund Fund Fund Total Fund Fund Fund Fund Total
£ £ £ £ £ £ £ £ £ £
Fixed assets:
Investments 9/10 - - 4,970,573 226,384 5,196,957 - - 4,035,677 183,804 4,219,481
Current assets:
Cash at bank and in hand 66,620 9,092 - 2,765 78,477 71,242 4,775 - 2,765 78,782
Total current assets 66,620 9,092 - 2,765 78,477 71,242 4,775 - 2,765 78,782
Creditors 3,000 - - - 3,000 5,300 - - - 5,300
Net current assets 63,620 9,092 - 2,765 75,477 65,942 4,775 - 2,765 - 73,482
Total assets less
current liabilities 63,620 9,092 4,970,573 229,149 5,272,434 65,942 4,775 4,035,677 186,569 4,292,963
The funds of the charity:
Unrestricted 63,620 - - - 63,620 65,942 - - - 65,942
Restricted - 9,092 4,970,573 229,149 5,208,814 - 4,775 4,035,677 186,569 4,227,021
63,620 9,092 4,970,573 229,149 5,272,434 65,942 4,775 4,035,677 186,569 4,292,963
**----- End of picture text -----**
The financial statements were authorised for issue by the Trustees on 3 December 2021
Approved by the Trustees and signed on their behalf by
_**The Countess Peel**_
6
## **Lord Barnby's Foundation**
## Balance Sheet Schedules
Year Ended 31 March 2021
**----- Start of picture text -----**
Unrestricted Restricted 2021 Unrestricted Restricted 2020
Funds Funds Funds Funds
Income Income Expendable Endowment Income Income Expendable Endowment
General Appointed General Appointed General Appointed General Appointed
Notes Fund Fund Fund Fund Total Fund Fund Fund Fund Total
£ £ £ £ £ £ £ £ £ £
Cash
C. Hoare & Co
Appointed Fund - 9,092 - 2,765 11,857 - 4,775 - 2,765 7,540
General Fund 66,620 - - - 66,620 71,242 - - - 71,242
66,620 9,092 - 2,765 - 78,477 71,242 4,775 - 2,765 78,782
-
Creditors
H M Revenue & Customs - - - - - 800 - - - 800
Accruals 3,000 - - - 3,000 4,500 - - - 4,500
3,000 - - - 3,000 5,300 - - - 5,300
**----- End of picture text -----**
7
## **Lord Barnby's Foundation**
Notes to the Accounts
Year Ended 31 March 2021
## **1. Accounting policies**
## **Statement of compliance**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Charities Act 2011. The following principal accounting policies have been applied:
## **Basis of preparation**
Lord Barnby's Foundation meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Impact of Coronavirus**
The Covid - 19 pandemic has impacted many areas of society and businesses including the stock market and in turn the charity's investment values. However, the announcement of the vaccine in November 2020 has seen an improvement in the stock market and whilst dividend income received by the charity during the year has seen a fall and as a result donations to institutions have also fallen, it is anticipated that this will reverse in the future.
## **Fund accounting**
The Charity maintains General and Appointed Funds. The income on the General Fund is unrestricted, and is expendable at the discretion of the Trustees in the furtherance of the objects of the Charity. The income of the Appointed Fund is subject to restrictions. The Capital (endowment) Funds are expendable at the Trustees' discretion. They are shown as restricted Funds in these accounts.
## **Income**
All income is recognised in the Statement of Financial Activities when the conditions for receipt have been met and there is reasonable assurance of receipt.
Investment income is accounted for when receivable.
## **Expenditure**
Expenditure is recognised on an accruals basis as a liability is incurred. The Trust is unable to recover Value Added Tax and accordingly expenses are shown inclusive of Value Added Tax.
Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly and such activities and those costs of an indirect nature necessary to support them.
Governance costs include the costs attributable to the Charity's compliance with constitutional and statutory requirements.
## **Fixed Asset Investments**
Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charged or credited to the Statement of Financial Activities in the period of disposal.
Unrealised gains and losses represent the movement in market values during the year and are credited or charged to the Statement of Financial Activities based on the market value at the year end.
## **Financial instruments**
## **Classification**
Financial assets and financial liabilities are recognised when the Charity becomes a party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
## **Recognition and measurement**
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the Charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the Charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the Charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
8
## **Lord Barnby's Foundation**
Notes to the Accounts
## Year Ended 31 March 2021
## **2. Expenditure on charitable activities**
|Donations to institutions (note 6)
Support Costs (note 3)
**3.**
**Support Costs**
**Governance Costs**
Trustees' fees and expenses
Audit services
Accountancy services
Secretarial expenses
Bank charges|**General**
**Fund**
**£**
**4,000**
**-**
**3,180**
**6,329**
**302**
**13,811**|**Appointed**
**Fund**
**£**
**-**
**-**
**-**
**-**
**-**
**-**|**2021**
**£**
**211,850**
**13,811**
**225,661**
**2021**
**Total**
**£**
**4,000**
**-**
**3,180**
**6,329**
**302**
**13,811**|2020
£
313,000
16,747
329,747
2020
Total
£
5,201
3,120
1,560
6,776
90
16,747|
|---|---|---|---|---|
## **4. Trustees' remuneration and expenses**
There were no employees in the year or prior year.
Under the terms of the governing document Trustees are able to be remunerated for their services. The following Trustees received remuneration for their services as a Trustee during the year:
||The Countess Peel
The Hon George Lopes
Mrs Laura Greenall
Mr David Cecil|**2021**
2020
**£**
£
**1,000**
1,000
**1,000**
1,000
**1,000**
1,000
**1,000**
1,000|
|---|---|---|
|||**4,000**
4,000|
|**5.**|Expenses totalling £nil (2020: £1,201) were paid to 4 Trustees for
**Net outgoing resources**
Net outgoing resources for the year include:
Audit fees|reimbursement of travel expenses.
**2021**
2020
**£**
£
**-**
3,120|
|**6.**|**Related party transactions**||
|**7.**|There were no related party transactons that require disclosure.
**Investments held as fixed assets**
Fair value at 1 April
Disposals at opening market value
Acquisitions at cost
Net unrealised investment gains/(losses) on revaluation|**2021**
2020
**£**
£
**Listed**
Listed
**Investments**
Investments
**4,219,481**
5,431,990
**-**
-
**-**
-
**977,476**
(1,212,509)|
||Fair value at 31 March|**5,196,957**
4,219,481|
||Cost at 31 March|**3,143,730**
3,143,730|
9
## **Lord Barnby's Foundation**
Notes to the Accounts
Year Ended 31 March 2021
|**8.**
**Grants and Donations**
**General Fund**
**Permanent Donations**
Ashtead PCC
Blyth PCC
Gurkha Welfare Trust
**Discretionary Donations**
2 Makeit
3rd Knaphill Brownies
Age UK
Agoonoree Scout Camp
Arkbound Foundation
Aspire Oxford
Atlantic Salmon Trust
Aurora
Autism Inclusive
Barnby Memorial Hall
Barts Charity
Bickleigh PCC
Braille Chess Association
Brain Tumour Charity
Bridewell Gardens
Bridgend Carers Centre
British Red Cross
Brunswick Youth
Calon RDA
Calvert Trust
Carers UK Covid 19
Caring for Life
Cavell Nurses
Centrepoint
Clean Up UK
CLIC Sargent
Cliffe Village Institutes
Clothing Solutions
Combat Stress
Coram Beanstalk
Country Food Trust
Countryside Learning
Crisis
Cry
Derby Museum
Disabled sailors association
Dogs for Good
Douglas Bader Foundation
E:merge
East London Cares
Fairshare Sussex
Farms For City Children
Fishing for Schools
Flow County Rivers Trust
Friends of Polish Veterans
Balance carried forward|**2021**
**£**
**500**
**500**
**2,000**
**3,000**
**2,000**
**-**
**-**
**-**
**1,000**
**1,000**
**-**
**2,500**
**2,000**
**5,000**
**10,000**
**500**
**-**
**500**
**-**
**-**
**-**
**2,000**
**2,000**
**10,000**
**3,000**
**-**
**-**
**-**
**3,000**
**-**
**-**
**2,000**
**-**
**-**
**10,000**
**10,000**
**-**
**-**
**-**
**2,000**
**-**
**3,000**
**-**
**2,000**
**1,000**
**-**
**3,000**
**1,000**
**-**
**78,500**|2020
£
500
500
2,000
3,000
-
1,000
12,000
2,500
-
-
2,000
-
-
-
-
-
1,000
-
1,000
2,000
12,000
-
-
-
-
1,000
12,000
12,000
-
1,000
2,000
-
2,000
3,000
-
10,000
12,000
500
5,000
-
1,000
-
2,000
-
-
5,000
-
-
2,000
104,000|
|---|---|---|
10
## **Lord Barnby's Foundation**
Notes to the Accounts
Year Ended 31 March 2021
|**Grants and Donations****_(continued)_**
**General Fund**
**Discretionary Donations****_(continued)_**
Balance brought forward
Game and Wildlife Conservation Trust
Gellideg Foundation
Get Kids Going
Goadby Marwood PCC
Gurkha Welfare Trust
Guy's & St Thomas' Charity
Hands On
Headway
Healthy Living Project
Hearing Dogs for the Deaf
Heel and Toe Childrens Charity
Helping Disabilities
Heriot Hospice Homecare
Horatio's Garden
I can dance
Independent Arts
Just Rifles
Kate's Home Nursing
Kings Arms Project
Little Treasures
Llamau
Lucy's Air Ambulance
Marie Collins Foundation
Marie Curie
Masham Sports Association
Milenhall Parochial Church Council
Mulberry Bush
Myeloma UK
Myriad Centre
NARA
National Brain Appeal
Newton Ferrers PCC
Norfolk Churches
Nurture through Nature
Oarsome Chance
One 25
Our Only World
Penine Lancashire Community Farm
Prisoners Education Trust
Prodigal Arts
Project 6
RABI
Racing Welfare Trust
Rainbows Hospice
Rainbows Trust
RDA Bedale
Red Squirrel Trust
Reengage
Refuge Covid 19
Resume Foundation
Balance carried forward|**2021**
**£**
**78,500**
**-**
**-**
**-**
**-**
**2,000**
**12,000**
**-**
**-**
**-**
**2,000**
**5,000**
**1,000**
**-**
**-**
**-**
**-**
**-**
**750**
**-**
**-**
**2,000**
**5,000**
**5,000**
**12,000**
**-**
**2,000**
**-**
**-**
**-**
**-**
**-**
**500**
**1,000**
**-**
**3,000**
**-**
**3,000**
**-**
**-**
**2,000**
**1,000**
**-**
**5,000**
**-**
**-**
**1,500**
**10,000**
**1,000**
**5,000**
**-**
160,250|2020
£
104,000
10,000
2,000
500
2,000
-
-
2,000
2,000
1,000
-
-
-
3,000
5,000
3,000
2,000
2,000
-
2,000
2,000
-
-
-
-
500
-
1,500
1,000
3,000
3,000
1,000
-
-
2,000
-
2,000
-
2,000
2,000
-
-
5,000
-
6,000
5,000
-
10,000
-
-
3,000|
|---|---|---|
|||189,500|
11
## **Lord Barnby's Foundation**
Notes to the Accounts
Year Ended 31 March 2021
|**Grants and Donations****_(continued)_**
**General Fund**
**Discretionary Donations****_(continued)_**
Balance brought forward
Reubens Retreat
Ripon Cathedral
Ripon Community Link
Royal Hospital Chelsea Appeal Ltd
Royal Medical Benevolent Fund
Safety Net UK
Sahara Coventry
Selby Abbey
Sheffield and Rotheram Wildlife Trust
Shine
Sportability
St John Ambulance
St Lukes Hospice
St Michaels
St Peters Wilcote
Starlight
Stick n Step
Street League
Streets of Growth
The Cellar Trust
The Garden Classroom
The Georgian Theatre Royal
The Greenwich Foundation
The Guards Chapel Trust
The Heart of England Community Boxing Club
The Kepplewray Centre
The Keys Project
The Listening Place
The Poppy Factory
The Royal British Legion
Tong PCC Good Neighbours Project
Trussell Trust
War Memorials Trust
Waveney Stardust
Wheelpower
Whizz Kidz
Wild About Clifford
Ybont
YESS
**Total General Fund Donations**|**2021**
**£**
**160,250**
**2,000**
**2,000**
**3,500**
**-**
**-**
**3,000**
**2,000**
**-**
**-**
**2,000**
**-**
**-**
**-**
**500**
**1,000**
**-**
**-**
**2,000**
**-**
**5,000**
**2,000**
**-**
**-**
**-**
**-**
**4,000**
**1,000**
**3,000**
**2,000**
**5,000**
**-**
**-**
**-**
**-**
**2,000**
**-**
**-**
**1,000**
**-**
**203,250**
**206,250**|2020
£
189,500
-
-
-
5,000
12,000
-
-
3,000
1,000
-
5,000
12,000
2,000
-
5,000
2,500
-
10,000
-
-
500
5,000
5,000
10,000
-
-
-
-
-
2,000
12,000
10,000
2,000
-
3,000
1,000
-
500
298,000
301,000|
|---|---|---|
12
## **Lord Barnby's Foundation**
Notes to the Accounts
Year Ended 31 March 2021
|**Grants and Donations****_(continued)_**
**Appointed Fund**
**Donations**
Royal School of Needlework
Textile Institute
The Woolmens Company Charitable Trust
**Total Donations**|**2021**
**£**
**-**
**5,000**
**600**
**5,600**
**211,850**|2020
£
3,000
8,000
1,000
12,000
313,000|
|---|---|---|
13
## **Lord Barnby's Foundation**
## Notes to the Accounts
Year Ended 31 March 2021
|**Investments h**
**9. UK Unit Trusts**
**Holding**
**General Fund**
**M & G Charifund**
Investment Fund
**337,581**
*** = Adjusted, if necessary, for the c**
**Investments h**
**10. UK Unit Trusts**
**Holding**
**Appointed Fund**
**M & G Charifund**
Investment Fund
**15,375**|**Acquisitions/(disposals)**
**eld at 1 April 2020**
**Profit/ (Loss) on:**
**Market**
**Cost/**
**Cost**
**Value**
**Date**
**Holding**
**(Proceeds)**
**£**
**£**
**£**
**2,981,739**
**4,035,677**
**-**
**-**
**2,981,739**
**4,035,677**
**-**
**ost of subsequent additions.**
**Acquisitions/(disposals)**
**eld at 1 April 2020**
**Profit/ (Loss) on:**
**Market**
**Cost/**
**Cost**
**Value**
**Date**
**Holding**
**(Proceeds)**
**£**
**£**
**£**
**161,991**
**183,804**
**-**
**-**
**161,991**
**183,804**
**-**|**Cost**
**£**
**-**
**-**
**Cost**
**£**
**-**
**-**|**Investments h**
**2020**
**Holding**
**Value***
**£**
**-**
**337,581**
**-**
**Investments h**
**2020**
**Holding**
**Value***
**£**
**-**
**15,375**
**-**|**eld at 31 March**
**Cost**
**£**
**2,981,739**
**2,981,739**
**eld at 31 March**
**Cost**
**£**
**161,991**
**161,991**|**2021**
**2020**
**Value***
**£**
**4,035,677**
**4,035,677**
**2021**
**2020**
**Value***
**£**
**183,804**
**183,804**|**Market**
**Value**
**£**
**4,970,573**
**4,970,573**
**Market**
**Value**
**£**
**226,384**
**226,384**|**Unrealised**
**Profit/(Loss)**
**£**
**934,896**
**934,896**
**Unrealised**
**Profit/(Loss)**
**£**
**42,580**
**42,580**|
|---|---|---|---|---|---|---|---|
- **= Adjusted, if necessary, for the cost of subsequent additions.**
14
## **Lord Barnby's Foundation**
Notes to the Accounts
Year Ended 31 March 2021
|**11. UK Unit Trust investment income**
**Holding**
**Date**
**General Fund**
M & G Charifund
Investment Fund
337,581
31-May
30-Aug
13-Dec
28-Feb
Total income general fund
2020 total income general fund
**Appointed Fund**
M&G Charifund
Investment Fund
15,375
31-May
30-Aug
13-Dec
28-Feb
Total income appointed fund
2020 total income appointed fund
**Total investment income**
2020 total investment income|**Gross**
**2021**
**£**
64,140
57,389
57,389
38,821
217,739
281,880
**2021**
**£**
2,921
2,614
2,614
1,768
9,917
12,838
**227,656**
294,718|
|---|---|
15