| Trustees' Annual Report |
|---|
| Independent examiner's report to the trustees |
| Statement offinancial activities |
| Balance sheet |
| Notes to the financial statements |
| The trustees | The trustees | ||||
|---|---|---|---|---|---|
| The trustees | who served the Charity during the period were as | follows: | |||
| N Farrow | (Chairman) | ||||
| M Pudney | |||||
| RWatling | (Retired 31 December 2021) | ||||
| P Coward | |||||
| J Urquhart | |||||
| P Harper | (Appointed | 23 November | 2021) | ||
| Independent | examiner | Ward Williams | |||
| Chartered | Accountants | ||||
| Belgrave | House | ||||
| 39-43 Monument Hill |
|||||
| Weybridge | |||||
| Surrey | |||||
| KT13SRN | |||||
| Investment | adviser | Cazenove | Capital Management | ||
| 12 Moorgate | |||||
| London | |||||
| EC2R 6DA | |||||
| Solicitors | Bircham, | Dyson Bell | |||
| 50 Broadway | |||||
| London | |||||
| SW1H OBL |
| YEAR ENDED 31 DEC | EMBER 2021 | |||
|---|---|---|---|---|
| Total Funds | Total Funds | |||
| 2021 | 2020 | |||
| Note | 6 | |||
| INCONIE | ||||
| Donations and legacies |
2 | 262,440 | 97,759 | |
| Other fundraising activities |
3 | 5,348 | ||
| Investment income |
4 | 9,186 | 9,366 | |
| TOTAL INCOME | 276,974 | 107,125 | ||
| EXPENDITURE | ||||
| Investment management |
costs | 5 | (584) | (515) |
| Charitable activities |
6/7 | (117,526) | (83,869) | |
| Governance costs |
8 | (654) | (1,076) | |
| TOTAL EXPENDITURE | (118,764) | (85,460) | ||
| NET INCOMING RESOURCES BEFORE |
||||
| GAINS AND LOSSES ON INVESTMENTS | 9 | 158,210 | 21,665 | |
| Gain on investment assets |
11 | 14,076 | 5,952 | |
| NET MOVEMENT IN FUNDS |
172,286 | 27,617 | ||
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward |
14 | 309,942 | 282,325 | |
| TOTAL FUNDS CARRIED FORWARD | 6482,228 | f309,942 |
| 2. | DONATIO | NS AND LE |
GACIES | |||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Total Funds | ||||||
| Funds | 2021 | 2020 | ||||||
| f | ||||||||
| Donations | received | 262,440 | 262,440 | 97,759 | ||||
| 3. | OTHER FUNDRAISING | ACTIVITIES | ||||||
| Unrestricted | Total Funds | Total Funds | ||||||
| Funds 'f |
2021 f |
2020 f |
||||||
| Event income | 5,348 | 5,348 | ||||||
| 4. | INVESTMENT INCOME | |||||||
| Unrestricted | Total Funds | Total Funds | ||||||
| Funds f |
2021 f |
2020 f |
||||||
| Income from managed | investment | portfolio | 9,186 | 9,186 | 9,366 | |||
| 5. | INVESTMENT MANAGEMENT | COSTS | ||||||
| Unrestricted | Total Funds | Total Funds | ||||||
| Funds f |
2021 f |
2020 f |
||||||
| Investment | management | fees | 584 | 584 | 515 |
| COSTS OF CHARITABLE | ACTIVIT | IES BY | FUND TYPE | ||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Total Funds | |||
| Funds | 2021 f |
2020 | |||
| Grants (note 7) | 87,526 | 87,526 | 83,869 | ||
| Platinum Cross expenditure |
30,000 | 30,000 | |||
| 117,526 | 117,526 | 83,869 | |||
| COSTS OF CHARITABLE | ACTIVITIES BY | ACTIVITY TYPE | |||
| The total ofgrants paid to institutions |
during | the year was as follows: | |||
| 2021 | 2020 | ||||
| F | |||||
| ABFThe Soldiers Charity | 10,000 | ||||
| All Saints Church | 2,000 | ||||
| Baby Basics Norfolk | 2,000 | 2,000 | |||
| Bexley Snap | 3,500 | ||||
| Borrowdale Institute |
2,000 | ||||
| C M Alderton | 2,000 | ||||
| Christian Kitchen |
2,000 | ||||
| The Coastal Federation | 2,000 | ||||
| Clockwork | 2,000 | ||||
| Colchester & Ipswich Hospitals |
2,000 | ||||
| Cornwall Air Ambulance Trust |
2,000 | ||||
| Demelza Hospice |
2,000 | ||||
| Dereham & District TT League |
1,530 | ||||
| The Dovecot Foundation | 2,000 | ||||
| EACH | 1,038 | ||||
| ENO Development | 2,000 | ||||
| FSN | 2,000 | ||||
| First Story | 5,000 | ||||
| Greenwich Foodbank |
2,000 | ||||
| Helping Hands Community |
Project | 2,000 | |||
| Her Majesty's Chapel Royal | 1,000 | ||||
| Home Start Guildford | 1,000 | ||||
| Internal Donation from Tony |
Wheeler | 500 | |||
| Julia's House | 2,000 | ||||
| Khumba Sherpa Project |
2,000 | ||||
| Kings Lynn Foodbank | 2,000 | ||||
| LEAF | 11,000 | ||||
| Macmillan Cancer Research |
2,500 | ||||
| Maggie's Edinburgh |
2,000 | ||||
| Merlin MS Centre | 2,000 | ||||
| Metropolitan Public Gardens |
Association | 2,000 | |||
| Motor Neurone Disease |
2,000 | ||||
| Murray Hambo Racing | 1,400 | ||||
| National Literacy Trust |
8,000 | ||||
| Newham All Star Sports Academy |
2,000 | ||||
| Norfolk Blood Bikes | 2,000 | 2,000 | |||
| North Nibley Village Shop Association | 1,700 | ||||
| Pennypit Community |
2,000 | ||||
| Prince's Countryside Fund |
20,000 | ||||
| Purflect Trust | 2,000 |
| 2021 f. |
2020 f |
||||||
|---|---|---|---|---|---|---|---|
| QEST | 500 | ||||||
| Royal British Legion | in | Spain | 2,000 | ||||
| Salvesen Mindroom |
Centre | 2,000 | |||||
| Scottys Little Soldiers See Ability |
2,000 2,000 |
||||||
| Smart Choices | 2,000 | ||||||
| St Elizabeth Hospice |
1,596 | ||||||
| St John Ambulance | 2,000 | ||||||
| St Michaels Hospice | 2,000 | ||||||
| St Petroc's Society | 2,000 | ||||||
| Stables Horse | 2,000 | ||||||
| Star Throwers | 2,000 | ||||||
| Star Throwers CIO |
2,000 | ||||||
| Street Talk Donation | 2,000 | ||||||
| Swan Youth Project | 2,000 | ||||||
| The Chapel Royal |
2,000 | ||||||
| The Creative Dimension |
Trust | 2,000 | |||||
| The Kids Network | 2,000 | ||||||
| The Wiltshire Bobby |
Van | Trust | 2,000 | ||||
| Velindre Cancer Care Charity | 2,000 | ||||||
| Wells Community Hospital |
Trust | 2,000 | |||||
| West Norfolk Academies | Trust | 2,000 | 2,000 | ||||
| Yellow Submarine | 1,131 | ||||||
| Nelsons Journey | 2,000 | ||||||
| f87,526 | f83,869 | ||||||
| Grant | |||||||
| funding | Total Funds | Total Funds | |||||
| activitiesf | 2021f | 2020 f |
|||||
| Grants | 87,526 | 87,526 | 83,869 | ||||
| 8. | GOVERNANCE COSTS |
||||||
| Unrestricted | Total Funds | Total Funds | |||||
| Funds f |
2021 f |
2020 f |
|||||
| Independent examiner's |
fees | 600 | 600 | 600 | |||
| Other financial costs | 54 | 54 | 476 | ||||
| f654 | F654 | f1,076 | |||||
| 9. | TOTAL EXPENDITURE | ||||||
| This is stated after charging: | |||||||
| 2021 f |
2020 | ||||||
| Independent examiner's |
remuneration | 600 | 600 |
| Movement in |
market value | market value | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 2021 f |
2020 f |
||||||||
| Market value | at 1 January 2021 | 226,783 | 226,831 | ||||||
| Acquisitions at cost |
50,166 | ||||||||
| Disposals | (6,000) | ||||||||
| Net gain on investment | valuations | 14,076 | 5,952 | ||||||
| Market value | at 31 December 2021 | f291,025 | f226,783 | ||||||
| Historical cost at 31 December 2021 | f247,610 | f197,444 | |||||||
| Analysis of investments | at | 31 December 2021 | |||||||
| Total Funds | Total Funds | ||||||||
| 2021 f |
2020 f |
||||||||
| Schroder Charity Multi-Asset |
Fund | f291,025 | f226,783 | ||||||
| 12. | DEBTORS | ||||||||
| 2021 | 2020 | ||||||||
| Royal Warrant | Holders Association | ||||||||
| Other debtors | 28,750 | ||||||||
| f28,750 | |||||||||
| 13. | CREDITORS: | Amounts | falling due | within one year | |||||
| 2021 | 2020 | ||||||||
| Other creditors | and accruals | 6,763 | 728 | ||||||
| 14. | UNRESTRICTED INCOME FUNDS | ||||||||
| Balance at | |||||||||
| Balance at | Incoming | Outgoing 31 |
December | ||||||
| 1 January | 2021 | resources f |
resources f |
2021 f |
|||||
| General Funds | 309,942 | 291,050 | (118,764) | 482,228 |