| Page | |||
|---|---|---|---|
| Trustees' annual report |
|||
| Independent examiner's |
report to the trustees | ||
| Statement offinancial |
activities | ||
| Balance sheet | |||
| Notes to the financial | statements |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Endowment | |||||
| funds | funds | Total funds | Total funds | |||
| Note | F | |||||
| Income and endowments | ||||||
| Investment income |
4 | 33,933 | 33,933 | 33,854 | ||
| Total income | 33,933 | 33,933 | 33,854 | |||
| Expenditure | ||||||
| Charitable activities |
5 | (38,685) | (38,685) | (27,404) | ||
| Total expenditure | (38,685) | (38,685) | (27,404) | |||
| Net income/(expenditure) | and net | |||||
| movements in funds before gains and |
||||||
| losses on investments | (4,752) | (4,752) | 6,450 | |||
| Net gains/(losses) on investments |
197,586 | 197,586 | (31,049) | |||
| Net income/(expenditure) | and net | |||||
| movement in funds |
(4,752) | 197,586 | 192,834 | (24,599) | ||
| Reconciliation offunds |
||||||
| Total funds brought forward |
116,040 | 917,150 | 1,033,190 | 1,057,789 | ||
| Total funds carried forward | 111,288 | 1,114,736 | 1,226,024 | 1,033,190 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Note | |||||||
| Fixed assets | |||||||
| Investments | 10 | 1,152,063 | 954,477 | ||||
| Current assets | |||||||
| Debtors | 9,478 | 9,272 | |||||
| Cash at bank and | in | hand | 65,818 | 70,689 | |||
| 75,296 | 79,961 | ||||||
| Creditors: Amounts | falling due within | ||||||
| one year | 12 | (1,335) | (1,248) | ||||
| Net current assets | 73,961 | 78,713 | |||||
| Total assets less | current liabilities | 1,226,024 | 1,033,190 | ||||
| Net assets | 1,226,024 | 1,033,190 | |||||
| Funds ofthe charity | |||||||
| Endowment funds |
1,114,736 | 917,150 | |||||
| Unrestricted funds |
111,288 | 116,040 | |||||
| Total charity funds | 13 | 1,226,024 | 1,033,190 |
| Investment income |
||||
|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2021 | Funds | 2020 | |
| F | ||||
| Income from listed investments | 33,921 | 33,921 | 33,832 | 33,832 |
| Bank interest receivable | 12 | 12 | 22 | 22 |
| 33,933 | 33,933 | 33,854 | 33,854 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
|---|---|---|---|---|---|---|
| Funds | 2021 | Funds | 2020 | |||
| F | F | F | ||||
| Christmas | distributions | 10,970 | 10,970 | 8,175 | 8,175 | |
| Grants to | individuals | 23,266 | 23,266 | 14,889 | 14,889 | |
| Rent | 300 | 300 | 300 | 300 | ||
| Clerks fees | and expenses | 1,716 | 1,716 | 2,331 | 2,331 | |
| Other | 792 | 792 | 50 | 50 | ||
| Office Equipment | 423 | 423 | ||||
| Governance | costs | 1,641 | 1,641 | 1,236 | 1,236 | |
| 38,685 | 38,685 | 27,404 | 27,404 |
| Net gains/(lo | sses) on in |
vestment | s | |||||
|---|---|---|---|---|---|---|---|---|
| Endowment | Total Funds | Endowment | Total Funds | |||||
| Funds | 2021 | Funds | 2020 | |||||
| F | F | F | ||||||
| Gains/(losses) | on other investment | |||||||
| assets | 197,586 | 197,586 | (31,049) | (31,049) | ||||
| Independent | examination | fees | ||||||
| 2021 | 2020 | |||||||
| F | ||||||||
| Fees payable | to the independent | examiner | for: | |||||
| Independent | examination | ofthe financial | statements | 1,641 | 1,236 |
| Investments | |
|---|---|
| Listed | |
| investments | |
| Cost or valuation | |
| At 1 April 2020 | 954,477 |
| Additions | |
| Fair value movements | 197,586 |
| At 31 March 2021 | 1,152,063 |
| Impairment | |
| At 1 April 2020 and 31 March 2021 | |
| Carrying amount |
|
| At 31 March 2021 | 1,152,063 |
| At 31 March 2020 | 954,477 |
| historical cost of inves | tments was f200,200 (2020:f200,200). |
|||
|---|---|---|---|---|
| 11. | Debtors | |||
| 2021 | 2020 | |||
| Accrued income and | other debtors | 9,478 | 9,272 | |
| 12. | Creditors: Amounts | falling due within one year | ||
| 2021 | 2020 | |||
| Accruals and deferred | income | 1,335 | 1,248 |
| Gains and | At 31 Mar | ||||||
|---|---|---|---|---|---|---|---|
| At 1 Apr 2020 | Income | Expenditure | losses | 2021 | |||
| F | F | ||||||
| General funds | 116,040 | 33,933 | (38,685) | 111,288 | |||
| Year ended 31 March 2020 | |||||||
| Gains and | At 31 Mar | ||||||
| At 1 Apr 2019 | Income | Expenditure | losses | 2020 | |||
| F | F | ||||||
| General funds | 109,590 | 33,854 | (27,404) | 116,040 | |||
| Endowment | funds | ||||||
| Year ended 31 March 2021 | |||||||
| Gains and | At 31 Mar | ||||||
| At 1 Apr 2020 | Income | Expenditure | losses | 2021 | |||
| F | F | F | |||||
| Perm Endowment | Fund | 917,150 | 197,586 | 1,114,736 | |||
| Year ended 31 March 2020 | |||||||
| Gains and | At 31 Mar | ||||||
| At 1 Apr 2019 | Income | Expenditure | losses | 2020 | |||
| F | F | F | |||||
| Perm Endowment | Fund | 948,199 | (31,049) | 917,150 |
| As at 31 March 202 | 1 | |||
|---|---|---|---|---|
| Unrestricted | Endowment | Total Funds | ||
| funds | funds | 2021 | ||
| F | F | |||
| Investments | 37,327 | 1,114,736 | 1,152,063 | |
| Current assets | 75,296 | 75,296 | ||
| Creditors less than | 1 year | (1,335) | (1,335) | |
| Net assets | 111,288 | 1,114,736 | 1,226,024 | |
| As at 31 March 2020 | ||||
| Unrestricted | Endowment | Total Funds | ||
| funds | funds | 2020 | ||
| F | F | |||
| Investments | 37,327 | 917,150 | 954,477 | |
| Current assets | 79,961 | 79,961 | ||
| Creditors less than | 1 year | (1,248) | (1,248) | |
| Net assets | 116,040 | 917,150 | 1,033,190 |