| Trustees: | Mrs.M.J.Elater | ||
|---|---|---|---|
| Mr.N.O.Tyler | |||
| Lady C.Venables | Llewelyn | ||
| Managing Agents: | Messrs. Rees Richards 6 Partners | ||
| Chartered Surveyors, |
Land &Estate Agents | ||
| Druslyn House |
|||
| De la Beche Street | |||
| Swansea | |||
| SA1 3HH | |||
| Bankers: | Barclays Bank pic | ||
| 262 Oxford Street | |||
| Swansea | |||
| Solicitors: | Morgan La Roche | ||
| Bay House | |||
| Phoenix Way | |||
| Swansea | |||
| SAT QYT | |||
| Accountants: | Butterfield Morgan |
Limited | |
| Chartered Accountants |
|||
| Druslyn House |
|||
| De la Beche Street | |||
| Swansea | |||
| SA1 3HJ |
| Page | ||
|---|---|---|
| Accountants' | report | |
| Profit and loss | account | |
| Balance sheet | ||
| Notes to the accounts |
| Unrestricted | Endowment | Total | Total | |||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |||
| Notes | 2021 6 |
2020f | ||||
| INCOMING RESOURCES | ||||||
| Rents and ground rents | 114,367 | 114,367 | 109,322 | |||
| Profit / (Loss) on granting | ofleases | (1,096) | (1,096) | 18,390 | ||
| Investment income |
36,906 | 36,906 | 39,665 | |||
| Other income | 1,535 | 1,535 | 6,163 | |||
| 152,808 | (1,096) | 151,712 | 173,540 | |||
| RESOURCES EXPENDED | ||||||
| Direct charitable expenditure- | ||||||
| Donations and grants |
(8) | 16,000 | 16,000 | 15,457 | ||
| Other expenditure: | ||||||
| Management and administration |
||||||
| Repairs and property upkeep |
60,675 | 60,675 | 66,554 | |||
| Rates and insurance | 8,412 | 8,412 | 5,988 | |||
| Wages | 31,619 | 31,619 | 31,875 | |||
| Estate management and other fees |
37,671 | 37,671 | 28,910 | |||
| Accountancy and taxation |
fees | 2,214 | 2,214 | 2,196 | ||
| Sundry trust expenses | 12,635 | 12,635 | 9,177 | |||
| Profit / (Loss) on disposal of listed investments | 36,517 | 36,517 | 13,051 | |||
| Depreciation | 2,478 | 2,478 | 1,089 | |||
| TOTAL EXPENDITURE | 208,221 | 208,221 | 174,297 | |||
| NET INCOMING/(OUTGOING) | ||||||
| RESOURCES BEFORETRANSFERS | (55,413) | (1,096) | (56,509) | (757) | ||
| Gross transfers between |
funds | (1,096) | 1,096 | |||
| TOTAL FUNDS BROUGHT | FORWARD | (63,892) | 4,445,667 | 4,381,775 | 4,382,532 | |
| TOTAL FUNDS CARRIED FORWARD | (120,401) | 4,445,667 | 4,325,266 | 4,381,775 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Notes | 6 | 6 | ||||
| Fitted assets | ||||||
| Tangible assets | 1,154,771 | 1,220,941 | ||||
| Investments | 2,007,305 | 3,052,869 | ||||
| 3,162,076 | 4,273,810 | |||||
| Current assets | ||||||
| Trade debtors | 37,395 | 44,196 | ||||
| Prepayments | 3,542 | 5,488 | ||||
| Cash at bank and | in hand | 1,147,289 | 90,019 | |||
| 1,188,226 | 139,703 | |||||
| Current liabilities | ||||||
| Creditors and accrued charges | 25,036 | 31,738 | ||||
| Net current assets | 1,163,190 | 107,965 | ||||
| Total assets less | current liabilities | 4,325,266 | 4,381,775 | |||
| ENDOWMENT | FUNDS | 4,445,667 | 4,445,667 | |||
| UNRESTRICTED | INCOME FUNDS | (120,401) | (63,892) | |||
| 4,325,266 | 4,381,775 |
| TANGIBLE FIXEDASSET | S | ||||
|---|---|---|---|---|---|
| Investment | Garden | Motor | |||
| Properties | Improvements | Equipment | Vehicle | Total | |
| Cost orvaluation | |||||
| As at06.04.20 | 1,211,146 | 22,790 | 21,074 | 1,255,010 | |
| Additions | 5,994 | 5,994 | |||
| Disposals | (69,686) | (69,686) | |||
| As at 05.04.21 | 1,141,460 | 22,790 | 21,074 | 5,994 | 1,191,318 |
| Depreciation | |||||
| As at 06.04.20 | 15,445 | 18,624 | 34,069 | ||
| Charge forthe year | 690 | 290 | 1,498 | 2,478 | |
| As at 05.04.21 | 16,135 | 18,914 | 1,498 | 36,547 | |
| Net Book Values | |||||
| As at 05.04.21 | 1,141,460 | 6,655 | 2,160 | 4,496 | 1,154,771 |
| As at 06.04.20 | 1,211,146 | 6,900 | 2,895 | 1,220,941 |
| 3 | INVESTMENTS | 2021f | 2020 f |
|
|---|---|---|---|---|
| General | ||||
| Barclays Bank pic Treasury Deposit | 1,600,000 | |||
| Swansea Building Society Premier Account |
500,000 | 500,000 | ||
| 80,000 'A' Shares Estates Limited |
of25p each in Penllergaer | 20,000 | 20,000 | |
| Shares acquired | via Stockbrokers | 1,487,305 | 932,869 | |
| 2,007,305 | 3,052,869 |
| 4 | DEBTORS | 2021f | 2020 |
|---|---|---|---|
| Rental income debtors | 37,395 | 38,202 | |
| Other debtors | 5,994 | ||
| 37,395 | 44,196 | ||
| 5 | CREDITORS | 2021 | 2020 |
| f | f | ||
| Taxation and Social Security | |||
| Accruals | 25,036 | 31,738 | |
| 25,036 | 31,738 |
| DONATIONS | 2021f | 2020 8 |
|
|---|---|---|---|
| Cancer Research | 1,001 | ||
| CARAD | 3,000 | 3,000 | |
| Mid Wales Music | Trust | 1,000 | 1,000 |
| Montgomeryshire | Youth Theatre | 1,000 | 1,000 |
| National Gardens |
Scheme | 1,860 | |
| Shakespeare Link |
3,000 | 3,000 | |
| Wales Air Ambulance | 2,000 | 745 | |
| XLWales, Swansea | 1,000 | 1,000 | |
| Calf0 Gwmpas | 2,851 | ||
| Radnorshire Wildlife Trust |
1,000 | ||
| Llandrindod Wells |
Feedback | 3,000 | |
| Builth Wells Cricket Club | 1,000 | ||
| 16,000 | 15,457 |