2021-12-31-accounts

			Page
Report ofthe	Trustees
Independent	Examiner's	Report
Statement of	Financial Activities
Balance Sheet
Notes to the Financial Statements

				2021			2020
		Notes	f		E	E	E
INCOME AND ENDOWMENTS
Voluntary Income:
Donations —General			1,210			2,070
Donations —50'" Anniversary		Appeal				2,245
			1,210			4,315
Legacies —General			135,000			68,074
					136,210		72,389
Income from activities in furtherance of	charitable
objects:
Members subscriptions			9,550			9,484
Meals and transport						2,134
					9,550		11,618
Income from activities for generating funds:
Other —General 50"Appeal					67 100		2,702
Investment income					5,989		9,455
Other operating income
Job retention scheme Infection Prevention Grants	grants &Control				13,760 6,000		23,612
TOTAL INCOME AND ENDOWMENTS					171,676		119,776
EXPENDITURE
Cost ofgenerating funds
Cost ofactivities for charitable objectives		2b(i)			54,208		56,895
Support costs		2b(ii)			4,491		6,095
TOTAL EXPENDITURE					58,699		62,990
GAINS AND LOSSESON INVESTMENTS
Net gain / (loss) on sale ofinvestment					(1,726)		(3,859)
Net gain / (loss) on revaluation		ofinvestments			21,971		(5,663)
TOTAL GAINS / (LOSSES) ON INVESTMENTS					20,245		(9,522)
NET INCOME/(EXPENDITURE)					133.222		47,264
NET MOVEMENT OF FUNDS					133.222		47,264
BALANCE AT 1JANUARY 2021					364,986		317,722
BALANCE AT31DECEMBER 2021					498,208		364,986

						2021	2020
					Notes	f	f
Fixed Asset Investments
Equities
	United Kingdom					19,737	55,167
	Europe excl. United		Kingdom			10,121
	North America					49,402
	Japan					4,627
	Asia excl. Japan					12,192
	Emerging	Markets				9,280	97,701
	Global					78,085
Bonds
	United Kingdom					20,940	55,517
	North America					37,234	11,285
	Emerging	Markets				10,555
	Global					18,150	12,168
Alternatives
	Property						30,988
	Hedge Funds					14,373
	Commodities					20,379	21,127
	Other					35,435	21,592
						340,510	305,545
	Schroder	Cash Deposit				8,475	24,685
						348,985	330,230
Current Assets
	Debtors					3,143	1,046
	Cash at bank and in		hand			147,205	40,034
						150,348	41,080
	Creditors	due within	one	year		1,125	6,324
Net Current Assets						149,223	34,756
Net Assets						498,208	364,986
Income Funds	- Unrestricted
	General	Funds				498,208	359,650
	50'"Anniversary Appeal			Fund			5,336
						498,208	364,986

(ij	Costs of	Activities for Charitable	objectives:
				2021	2020
				f	E
	Salaries and agency costs			52,638	52,456
	Members	meals and transport			2,482
	Functions			70	457
	Rent			1,500	1,500
				54,208	56,835

(II)	Support C	osts:
					2021	2020
					6	6
	Investment	advisor fee			1,734	1,510
	Office supplies				87	161
	Telephone/Broadband				1,147	1,207
	Insurance				593	899
	Volunteers	lunches				78
	Garden					47
	PPE					992
	Other				930	1,201
					4,491	6,095
GRANTS	AND DONATIONS
No grants	or donations		were made	in the year.
EMPLOYEES
Paid Employees:					2021	2020
					6	E
Gross Salaries					52,153	51,987
Employer's pension		contribution			485	469
Total Staff costs					52,638	52,456
					No.	No.
Engaged	in caring for clients				3	4
Management and Administration					1	1
Total

Market value at the beginning	ofthe year		305,545
Purchase ofinvestments		256 707
Sale proceeds		(241,987)
Profit/(Loss) on sale		~1726
			12,994
Net gain/(Loss) on Revaluation			21,971
Market value at the end ofthe year			340,510
Breakdown ofmarket value shown on the Balance Sheet:
Quoted investment			340,510
Cash held as part ofportfolio			8,475
			348,985
ANALYSIS OF DEBTORS AND PREPAYMENTS
		2021	2020
		6	E
Debtors		2,746	562
Prepayments		397	484
		3,143	1,046
ANALYSIS OF CREDITORS DIJE WITHIN ONE YEAR
		2021	2020
		E	E
Trade Creditors		1,125	6,324
		1,125	6,324