2021-12-31-accounts - Warwick Provident Dispensary

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£iilo WARWICK PROVIDENT DISPENSARY FIf4ANCIAL STATEMENTS 31 DECEMBER 2021

				Unrestricted	Endowment	2021	2020
			Notes	Funds	Funds	Total	Total
INCOME AND ENDOWMENTS from:
Dividends from investments				25,322		25,322	24,205
Interest				111		111	39
TOTAL INCOME AND ENDOWMENTS				25,433		25,433	24,244
EXPENDITURE on:
Raising funds
Investment management		fees			6,092	6,092	5,286
Charitable activities
Grants awarded and paid				26,139		26,139	18,000
				26,139	6,092	32,231	23,286
Other costs
Clerk's fees				2,543		2,543	2,424
Independent Examiner's		fees		1,530		1,530	1,485
Accountancy				510		510	495
Professional fees							3,023
Sundries				66		66	25
				4,649		4,649	7,452
Total expenditure				30,788	6,092	36,880	30,738
NET (EXPENDITURE)		before gains/(losses)		(5,355)	(6,092)	(11,447)	(6,494)
Realised (losses)/gains on sale offixed assets					8,339	8,339	(24,780)
NET INCOME				(5,355)	2,247	(3,108)	(31,274)
Other recognised gains	and losses
Unrealised gains on revaluation offixed assets				3,305	89,329	92,634	51,905
NET MOVEMENT IN	FUNDS			(2,050)	91,576	89,526	20,631
RECONCILIATIONS	OF FUNDS:
TOTAL FUNDS BROUGHT FORWARD				40,980	988,735	1,029,715	1,009,084
TOTAL FUNDS CARRIED FORWARD			7/8	f38,930	f,1,080,311	K1,119,241	E,1,029,715

		Unrestricted	Endowment	2020
	Notes	Funds	Funds	Total
INCOME AND ENDOWMENTS from:
Dividends from investments Interest		24,205 39		24,205 39
TOTAL INCOME AND ENDOWMENTS		24,244		24,244
EXPENDITURE on:
Raising funds
Investment management fees			5,286	5,286
Charitable activities
Grants awarded and paid		18,000		18,000
		18,000	5,286	23,286
Other costs
Clerk's fees Independent Examiner's fees Accountancy Professional fees Sundries		2,424 1,485 495 3,023 25		2,424 1,485 495 3,023 25
		7,452		7,452
Total expenditure		25,452	5,286	30,738
NET (EXPENDITURE) before gains/(losses)		(1,208)	(5,286)	(6,494)
Realised (losses)/gains on sale offixed assets			(24,780)	(24,780)
NET INCOME		(1,208)	(30,066)	(31,274)
Other recognised gains and losses
Unrealised gains on revaluation offixed assets		1,401	50,504	51,905
NET MOVEMENT IN FUNDS		193	20,438	20,631
RECONCILIATIONS OF FUNDS:
TOTAL FUNDS BROUGHT FORWARD		40,787	968,297	1,009,084
TOTAL FUNDS CARRIED FORWARD		K40,980	E988,735	K1,029,715

	Notes		2021	2020
FIXEDASSETS
Tangible assets
Investments			1,093,926	969,318
CURRENT ASSETS
Debtors, amounts falling within one year		563		1,368
Lloyds Bank —Treasurers Account		5,993		10,364
COIF Deposit Account		10,353		10,352
Brewin Dolphin Capital Account		12,989		42,717
TOTAL CURRENT ASSETS		29,898		64,801
CREDITORS:
Amounts falling due within one year		(4,583)		(4,404)
CURRENT ASSETSLESSCURRENT			25,315	60,397
LIABILITIES
TOTAL ASSETSLESSCURRENT			1,119,241	1,029,715
LIABILITIES
NET ASSETS			E1,119,241	X1,029,715
THE FUNDS OF THE CHARITY
Restricted funds
Permanent Endowment	7/8		1,080,311	988,735
Unrestricted funds
General funds	7/8		38,930	40,980
TOTAL CHARITY FUNDS			$1,119,241	$1,029,715


GRANTS				2021	2020
During the year the trustees made the following			grants:
WNAA				5,000	3,000
Myton Hospice				5,000	5,000
The Graham Fulford Charitable		Trust		750	2,500
Citizens Advice Bureau					2,000
Springfield MIND				5,000	2,500
Warwick Ambulance Association				2,000	1,500
Warwickshire Vision Support				250
MacMillan Cancer	Support			1,500	1,500
Armonico Consort					1,000
Grant not claimed	—SW Heart				(1,000)
Parenting Project				3„000
Woodloes Primary	School			504
Individuals				3,135
				f26,139	f18,000

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FIXEDASSETINVESTMENTS				2021	2020
Market value	1 January 2021			969,318	983,046
Acquisitions	at cost:
Share Portfolio Purchases				178,059	256,495
Disposals of	Investments			(154,424)	(297,348)
Net gains on	revaluation	at	31December 2021	100,973	27,125
Market value	31December		2021	K1,093,926	K969,318
Investments comprise:
				Market	Market
				Value at	Value at
				31.12.20	31.12.20
10,509(2016	—10,509)COIF Charity Fund Income Shares			216,136	189,285
Brewin Dolphin Investment			Portfolio	877,790	780,033
				E1,093,926	$969,318

5.	DEBTORS	DEBTORS		2021	2020
	Amounts	falling due within one year:
	Dividend	income receivable		563	1,368
				1:563	X1,368
6.	CREDITORS			2021	2020
	Amounts	falling due within one year:
	Professional fees			4,583	4,404
				X4,583	Z4,404
7.	FUNDS		Permanent
			Endowment	General
			Fund	Fund	Total
	Balance at	1 January 2021	988,735	40,980	1,029,715
	Income in	year		25,433	25,433
	Unrealised	gains	89,329	3,305	92,634
	Realised gains		8,339		8,339
	Expenditure	in year	(6,092)	(30,788)	(36,880)
	Balance at	31December 2021	E1,080,311	f38,930	K1,119,241
			Permanent
			Endowment	General
			Fundf	Fund	Total
	Balance at	1 January 2020	968,297	40,787	1,009,084
	Income in year			24,244	24,244
	Unrealised	losses	50,504	1,401	51,905
	Realised gains		(24,780)		(24,780)
	Expenditure	in year	(5,286)	(25,452)	(30,738)
	Balance at 31December 2020		$988,735	$40,980	X1,029,715
.	ANALYSIS OF NET ASSETSBETWEEN FUNDS
			Permanent
			Endowment	General
			Fund	Fund	Total
			2021	2021	2021
	Fixed assets		1,067,322	26,604	1,093,926
	Cash and current investments		12,989		29,335
	Other current	assets/liabilities		(4,020)	(4,020)
			K1,080,311	E38,930	X1,119,241

This shows th	e	activities	ofthe charity in the	year and can be summ	arised as follows
				2021	2020
				F
Income				25,433	24,244
Expenditure:
Investment management			fees	(6,092)	(5,286)
Grants awarded		and paid		(26,139)	(18,000)
Other costs				(4,649)	(7,452)
Net expenditure		before gains/losses		(11,447)	(6,494)
Realised gains	on sale of		fixed assets	8,339	(24,780)
Net Income				(3,108)	(31,274)
Unrealised gains on Investments				92,634	51,905
Net movement	in funds			89,526	20,631