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|||Note|2020
f|2019
f|
|---|---|---|---|---|
|INCOME|||||
|Investments|||||
|Dividends|||28,999|40,071|
|Deposit Interest|||103|154|
|TOTAL INCOME|||29,102|40,225|
|EXPENDITURE|||||
|Raising Funds|||225|435|
|Charitable
Activities|||||
|Grants||3|12,000|25,000|
|Direct Costs||4|15,870|8,144|
|TOTAL EXPENDITURE|||28,095|33,579|
|NET MOVEMENT
IN|FUNDS||1,007|6,646|
|OTHER RECOGNISED GAINS AND LOSSES|||||
|Gains on Investment|Assets (2018:Losses)|6|(99,024)|136,643|
|NET MOVEMENT
IN|FUNDS||(98,017)|143,289|
|RECONCILIATION
OF FUNDS|||||
|TOTAL FUND BALANCE BROUGHT FORWARD|||||
|AT 1 JANUARY 2020|||1,933,451|1,790,162|
|TOTAL FUND BALANCE CARRIED FORWARD|||||
|AT 31 DECEMBER 2020|||f1,835,434|F1,933,451|
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||||2020||2019|
|---|---|---|---|---|---|
||Note|E||E|E|
|FIXEDASSETS||||||
|Tangible Assets|||952,876||952,876|
|Investments|||753,645||911,583|
|TOTAL FIXEDASSETS|||1,706,521||1,864,459|
|CURRENT ASSETS||||||
|Cash at Bank and in Hand||||||
|Current Account||5,612||3,968||
|Deposit Accounts||124,991||66,889||
|TOTAL CURRENT ASSETS||130,603||70,857||
|LIABILITIES||||||
|Creditors:||||||
|Amounts
falling due within one|year|||||
|Accruals||1,690||1,865||
|NET CURRENT ASSETS|||128,913||68,992|
|NET ASSETS|||F1,835,434||61,933,451|
|THE FUNDS OF THE CHARITY||||||
|Unrestricted
Income Fund|||1,835,434||1,933,451|
|TOTAL CHARITY FUNDS|||61,835,434||E1,933,451|
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|2|ANALYSIS OF COSTS OF RAISING FUNDS|||
|---|---|---|---|
|||2020f|2019|
||Nominee Charges|E225|E435|
||||Number of|||
|---|---|---|---|---|---|
||||Grants|||
|Ordinary|Grants to Institutions|||||
|Brighton|and Hove Town Mission|||500|500|
|Global Care||||500|500|
|Lindfield|Christian|Care Home||500|500|
|Mission|Care|||500|500|
|Open Doors||||500|500|
|Prison Fellowship||||500|500|
|West Watch Trust||||9,000|22,000|
|||||612,000|F25,000|
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|EXPENDITURE ON|CH|ARITABL|E ACTIVITIES|—DIRECT COSTS||
|---|---|---|---|---|---|
|Insurance||||4,728|4,810|
|Property Expenses||||8,946||
|Postage, Stationery|and|Travel||30|36|
|Administration||||23|20|
|Bank Charges||||60|10|
|Depreciation|||||1,200|
|Trustees'
Indemnity|Insurance|||398|398|
|Governance
Costs||||||
|Independent
Examiner's||Fee||750|750|
|Preparation
ofthe Accounts||||||
|by the Independent|Examiner's||Firm|935|920|
|||||615,870|68,144|
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|5|TANGIBLE FIXEDASSETS||||
|---|---|---|---|---|
||||2020|2019|
||||E|E|
||Freehold Land and Buildings|held for Charitable|Purposes||
||Valuation||||
||At 1 January 2020||||
||and at 31 December 2020||952,876|952,876|
||Furniture
and Equipment||||
||Cost||||
||1 January 2020
and at 31 December 2020||9,600|9,600|
||Depreciation
At 1 January 2020||9,600|8,400|
||Charge for the year|||1,200|
||At 31 December 2020||9,600|9,600|
||Net Book Value||||
||At 31 December 2020||||
||Summary||||
||Total Cost at 31 December 2020||962,476|962,476|
||Total Depreciation
at 31 December 2020||(9,600)|(9,600)|
||Total Net Book Value at 31 December 2020||F952,876|6952,876|
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|6|INVESTMENTS||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||2020||2019|
|||||||||6||F|
||Market Value||||||||||
||At 1 January 2020|||||||911,583||770,500|
||Additions at cost|||||||67,023||4,440|
||Disposal Proceeds|||||||(125,938)|||
||Net Gain/(Loss)
on Revaluation|||||||(99,023)||136,643|
||At 31 December 2020|||||||F753,645||F911,583|
||Cost||||||||||
||At 31 December 2020|||||||F586,482||F595,239|
||Net Gains on Revaluation|||for the|year||||||
||Unrealised
Gains/(Losses)|||||||(99,995)||136,643|
||Realised Gains/(Losses)|||||||971|||
|||||||||F(99,024)||F136,643|
||Net Unrealised
Gains||||||||||
||At 31 December 2020|||||||F167,174||F316,345|
||Investment
Assets
in the||United
Kingdom|||||F753,645||F911,583|
||All investments
are listed||on|the London Stock Exchange||||with the exception ofone unquoted|||
||investment
which cost 64,000 and||||which was valued||by the trustees||at anil at 31 December||
||2020 (2019:anil).||||||||||
||Included
in investments|are||the following,||which represent||more than|5% of the total market||
||value:||||||||||
|||||||||f|||
||AstraZeneca —Ordinary|Shares||||||65,916||8|
||Phoenix Group Holdings|—Ordinary|||Shares|||49,028|||
||Prudential —Ordinary
Shares|||||||47,145||63%|
||Rio Tinto —Ordinary
Shares|||||||54,208||7.2%|
||Segro —Ordinary
Shares|||||||66,332||8.8%|
||Tesco —Ordinary
Shares|||||||39,338||5.2%|
||Unilever —Ordinary
Shares|||||||70,272||9.3%|
||United
Utilities —Ordinary||Shares|||||64,440||8 6'/|
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