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|Trustees:|Mrs.M.J.Elater|||
|---|---|---|---|
||Mr.N.O.Tyler|||
||Lady C.Venables|Llewelyn||
|Managing Agents:|Messrs. Rees Richards 6 Partners|||
||Chartered<br>Surveyors,||Land &Estate Agents|
||Druslyn<br>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<br>Morgan|Limited||
||Chartered<br>Accountants|||
||Druslyn<br>House|||
||De la Beche Street|||
||Swansea|||
||SA1 3HJ|||





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|||Page|
|---|---|---|
|Accountants'|report||
|Profit and loss|account||
|Balance sheet|||
|Notes to the accounts|||





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||||Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
|||Notes|||2021<br>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<br>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<br>and grants||(8)|16,000||16,000|15,457|
|Other expenditure:|||||||
|Management<br>and administration|||||||
|Repairs and property<br>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<br>and other fees|||37,671||37,671|28,910|
|Accountancy<br>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<br>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|






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||||||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|





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|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|





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|3|INVESTMENTS||2021f|2020<br>f|
|---|---|---|---|---|
||General||||
||Barclays Bank pic Treasury Deposit|||1,600,000|
||Swansea<br>Building Society Premier Account||500,000|500,000|
||80,000 'A' Shares <br>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|



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|DONATIONS||2021f|2020<br>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<br>Gardens|Scheme||1,860|
|Shakespeare<br>Link||3,000|3,000|
|Wales Air Ambulance||2,000|745|
|XLWales, Swansea||1,000|1,000|
|Calf0 Gwmpas|||2,851|
|Radnorshire<br>Wildlife Trust||1,000||
|Llandrindod<br>Wells|Feedback|3,000||
|Builth Wells Cricket Club||1,000||
|||16,000|15,457|



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