The Charity Registration Number is :- 264119
Paul Lunn-Rockliffe Charitable Trust
Report and Accounts
5 April 2021
## **Paul Lunn-Rockliffe Charitable Trust**
## **Report and accounts for the year ended 5 April 2021**
## **Contents**
||**Page**||
|---|---|---|
|**Charity information**||1|
|**Trustees' Annual Report**||2|
|**Statement of trustees' responsibilities**||5|
|**Independent Accountant's Report**||6|
|**_Funds Statements:-_**|||
|Statement of Financial Activities||8|
|Statement of Financial Activities - Prior Year statement||9|
|Statement of total recognised gains and losses||10|
|Movements in funds||11|
|Income and Expenditure account||12|
|**Balance sheet**||13|
|**Notes to the accounts**||14|
## **Paul Lunn-Rockliffe Charitable Trust**
## **Trustees' Annual Report for the year ended 5 April 2021**
The Trustees present their Report and Accounts for the year ended 5 April 2021.
## **Reference and administrative details**
## _**The charity name.**_
The legal name of the charity is:- Paul Lunn-Rockliffe Charitable Trust
The charity is also known by its operating name, Paul Lunn-Rockliffe Charitable Trust
## _**The charity's areas operation and UK charitable registration.**_
The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 264119
## _**Legal structure of the charity**_
The governing document of the charity is the Trust Deed establishing the charity.
The Governing Document is dated 13 April 1972
The trustees are all individuals.
## **The principal operating address, telephone number, email and web addresses of the charity are:-**
Address - 42, Manor Lane, Slyne, Lancaster LA2 6JE Telephone - 02380 001049 Voicemail only Email Address - plrcharitabletrust@gmail.com Website - www.plrtrust.uk
## **The Trustees in office on the date the report was approved were:-**
Mr J Lunn-Rockliffe Mr G Hampshire Ms L Lunn-Rockliffe Ms C Lunn-Rockliffe Dr S Lunn-Rockliffe
1
## **Paul Lunn-Rockliffe Charitable Trust**
## **Trustees' Annual Report for the year ended 5 April 2021**
## **Objects and activities of the charity**
## _**The purposes of the charity as set out in its governing document.**_
## **Mission Statement**
To make a positive difference to a development project that will change lives and enable people to live more sustainably.
## **Description**
## Values
The original charity deeds were founded on Christian principles. This ethos is still important to the trustees of the PLR Trust and we are motivated by this in our decision making processes.
## Relationship building - Connecting - People orientated
As trustees we value building relationships between individuals and wider communities. In light of this, we are keen to fund projects that understand the needs of communities and how and why it is important to connect people and encourage inclusion. We have particular but not exclusive interest in working with organisations that support the elderly, those in financial difficulties, the disabled, children and refugees. We are also committed to building a rapport with the charities that we support and would be willing to engage with developing their projects.
## Making a difference – Sustainable change - Large and Small
We believe in long term sustainable impact. We wish to support ideas that not only make a difference in people’s lives but will be able to run without our financial aid in the future. Additionally, we wish to support projects that promote building positive and sustainable environmental futures. These projects could operate in international, regional or local contexts. Furthermore, we value ideas that will make a difference not just for the official beneficiaries, but also for the running of the project.
## Trust - Integrity - Honesty - Accountability
We value honesty in order to build our trust in different projects and wish to work with organisations that have a clear decision making structure. We support organisations that provide accountability for funding received and demonstrate how this is positively impacting the project as a whole. Given that projects may change significantly throughout their lifetime, we value the integrity and transparency of decision making processes rather than the meeting of specific end results.
## Creative - Imaginative - Interesting
As a Trust, we value the importance of being creative and thinking imaginatively. In light of this, we encourage projects to apply for funding which have innovative and authentic ideas for bringing about positive change in the world.
## Grant Support
We offer grants which may run up to 3 years, for pivotal change within a given charity’s activities, but not towards repeating or ongoing operational activity.
2
## **Paul Lunn-Rockliffe Charitable Trust**
## **Trustees' Annual Report for the year ended 5 April 2021**
## _**The main activities undertaken during the year to further the charity's purpose for the public benefit, achievements and performance, the difference made to beneficiaries and the degree to which the achievements and performance during the year have benefited wider society.**_
The Charity over this financial year has been challenged by Covid and has responded by offering support to a number of smaller local charities supporting needs local to Trustees, as well as some larger funds providing emergency support to international organisations.
This has been in addition to moving forward with its new practice towards processing applications via its website with individual approaches based on Expressions of Interest submissions. This process is still evolving but overall the direction it has taken has allowed Trustees to have a direct engagement with those it is supporting. It is expected that over the next year this will become the principal means by which grants will be made to charitable purposes.
By necessity the historical smaller sums which have been given out to charities on a rolling basis has been phased out to concentrate on intermediate projects where the outcomes can be more easily supported and for special one-off causes.
The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.
## _**Grant making policies and how these contributed to the achievement of the charity's aims and objectives during the year.**_
All applications for grant funding are reviewed by the trustees to ensure that the organisation is within the charitable objectives. The charity has a policy of providing grants large enough to be significant to the recipient and to as many organisations as funds permit.
## **Structure, governance and management of the charity**
## _**The methods used to recruit and appoint new charity trustees.**_
The board of trustees are responsible for selecting and appointing any new trustees after consideration of their skills ans suitability for the position.
Bankers Handelsbanken, 1 Crown Walk, Jewry Street, Winchester SO23 8BB Solicitors Dutton Gregory, 23 St Peter Street, Winchester SO23 8BT K J Stratton, FMAAT, Brewery House, High Street, Twyford, Winchester SO21 Independent Examiner 1RF
3
## **Paul Lunn-Rockliffe Charitable Trust**
## **Trustees' Annual Report for the year ended 5 April 2021**
## **Financial review**
## _**The charity's financial position at the end of the year ended 5 April 2021**_
The financial position of the charity at 5 April 2021 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-
|**Total Funds**
**Net expenditure**
Unrestricted Revenue Funds available for the
general purposes of the charity|**2021**
**£**
(86,191)
2,150,104
**2,150,104**|**2020**
**£**
(70,119)
1,879,447
**1,879,447**|
|---|---|---|
## _**Financial review of the position at the reporting date, 5 April 2021 .**_
The trustees consider the financial performance by the charity during the year to have been satisfactory.
## _**Policies on reserves.**_
The charity's policy on reserves is to maintain sufficient investments to produce an income that supports the level of grants agreed by the trustees.
## _**Availability and adequacy of assets of each of the funds**_
The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of the general fund.
4
## **Paul Lunn-Rockliffe Charitable Trust**
## **Trustees' Annual Report for the year ended 5 April 2021**
## **Statement of Trustees's Responsibilities**
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015 (as amended by the Bulletin issued in February 2016) .
In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Trustees are required to :-
- to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
- select suitable accounting policies and apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;
- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements;
The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.
This report was approved by the board of trustees on 17 November 2021.
James Lunn-Rockliffe Trustee
5
## **Paul Lunn-Rockliffe Charitable Trust**
## **Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 5 April 2021**
I report on the financial statements of the charity on pages 8 to 17 for the year ended 5 April 2021 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) adapted to meet the needs of unincorporated organisations, as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015 (as amended by the Bulletin issued in February 2016) published by the Charity Commission in England & Wales (CCEW) , effective January 2015 (The SORP), under the historical cost convention and the accounting policies set out on page 14.
## **Respective responsibilities of the Trustees and the Independent Examiner**
As described on page 5, the charity's Trustees are responsible for the preparation of the accounts.
The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the Governing Document for the conducting of an audit. As a consequence, theTrustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the charity is not subject to audit under any legal provision, or otherwise, and is eligible for independent examination, it is my responsibility to:-
a) examine the accounts under Section 145 of the Act;
b) follow the procedures in the General Directions given by the Charity Commission under section 145(5)(b) of the Act and;
- c) state whether particular matters have come to my attention.
## **Basis of Independent Examiner's Statement and scope of work undertaken**
I conducted my examination in accordance with the General Directions given by the Charity Commission under section 145(5)(b) of the Act, setting out the duties of an Independent Examiner in relation to the conducting of an Independent Examination. An Independent Examination includes a review of the accounting records kept by the charity and of the accounting systems employed by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, asTrustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that the financial statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements.
The procedures undertaken do not provide all the evidence that would be required in an audit , and information supplied by theTrustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
I planned and performed my examination so as to satisfy myself that the objectives of the Independent Examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.
6
## **Paul Lunn-Rockliffe Charitable Trust**
## **Independent Examiner's Statement, Report and Opinion**
Subject to the limitations upon the scope of my work as detailed above , in connection with my examination, I can confirm that :-
This is a report in respect of an examination carried out under 145 of the Act and in accordance with General Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;
and that no matter has come to my attention in connection with my examination which gives me reasonable cause to believe that in any material respect the requirements :-
to keep accounting records in accordance with with Section 130 of The Charities Act 2011;
when preparing accounts on an accruals basis, to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the Act and the Regulations setting out the form and content of charity accounts;
have been prepared in accordance with The Charities Act 2011. and with the methods and principles set out in the FRS102 Statement of Recommended Practice - Accounting and Reporting by Charities (effective January 2016)
have not been met or to which, in my opinion, attention should be drawn in my report in order to enable a proper understanding of the accounts to be reached;
K J Stratton - Independent Examiner
FMAAT
Brewery House High Street Twyford Hampshire SO21 1RG
This report was signed on 17 November 2021
7
## **Paul Lunn-Rockliffe Charitable Trust - Statement of Financial Activities for the year ended 5 April 2021**
## _**Statement of Financial Activities for the year ended 5 April 2021**_
|**Income & Endowments from:**
Investments
A4
**Expenditure on:**
Charitable activities
B2
**Total expenditure**
**B**
Net gains on investments
B4
**Net income/(expenditure) for the year**
**Net income after transfers**
**A-B-C**
**Reconciliation of funds:-**
**E**
**Total funds brought forward**
**Total funds carried forward**
**SORP**
**Ref**
**Net movement in funds**|**Current year**
**Unrestricted Funds**
**2021**
**£**
42,467
(128,658)
**(128,658)**
357,848
**271,657**
**271,657**
**271,657**
1,878,447
**2,150,104**
|**Current year**
**Restricted Funds**
**2021**
**£**
-
-
**-**
-
**-**
**-**
**-**
-
**-**|**Current year**
**Total Funds**
**2021**
**£**
**42,467**
**(128,658)**
**(128,658)**
**357,848**
**271,657**
**271,657**
**271,657**
**1,878,447**
**2,150,104**|**Prior Year**
**Total Funds**
**2020**
**£**
56,466
1,007
**1,007**
(125,578)
**(70,119)**
**(70,119)**
**(70,119)**
1,948,566
**1,878,447**|
|---|---|---|---|---|
The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.
A Statement of Total Recognised Gains and Losses is included as a primary statement in these accounts.
All the prior year transactions were unrestricted items, and no further analysis is required
All activities derive from continuing operations
**The notes attached on pages 14 to 17 form an integral part of these accounts.**
8
## **Paul Lunn-Rockliffe Charitable Trust - Statement of Financial Activities for the year ended 5 April 2021**
|**Income & Endowments from:**
Donations & Legacies
A1
Charitable activities
A2
Other trading activities
A3
Investments
A4
Legacy
A5
**Total income**
**A**
**Expenditure on:**
Raising funds
B1
Charitable activities
B2
Other
B3
Tax on surplus on ordinary activiti
B3
**Total expenditure**
**B**
B4
**Net expenditure for the year**
**Net income after transfers**
**Other recognised gains/(losses)**
D1
D2
D3
D3
**Reconciliation of funds:-**
**E**
**Total funds brought forward**
**Total funds carried forward**
Net gains on revaluation of fixed
assets
Net gains on investments
**SORP**
**Ref**
Net actuarial gains on defined
pension benefit schemes
**Net movement in funds**
Costs of fundamental
reorganisation or restructuring
Extraordinary items|**Prior Year**
**Unrestricted Funds**
**2020**
**£**
-
-
-
56,466
56,466
-
(1,007)
-
-
**(1,007)**
(125,578)
(70,119)
(70,119)
-
-
-
-
**(70,119)**
1,948,566
**1,878,447**|**Prior Year**
**Restricted Funds**
**2020**
**£**
-
-
-
-
-
-
-
-
-
-
**-**
-
-
-
-
-
-
-
-
**-**
-
**-**|**Prior Year**
**Total Funds**
**2020**
**£**
**-**
**-**
**-**
**56,466**
56,466
**-**
**(1,007)**
**-**
**-**
**(1,007)**
**(125,578)**
**(70,119)**
(70,119)
**-**
**-**
**-**
**-**
**(70,119)**
**1,948,566**
**1,878,447**|
|---|---|---|---|
**All activities derive from continuing operations**
9
## **Paul Lunn-Rockliffe Charitable Trust - Statement of Financial Activities for the year ended 5 April 2021**
## **Statement of Total Recognised Gains and Losses for the year ended 5 April 2021**
**----- Start of picture text -----**
2021 2020
£ £
(Deficit)/surplus for the year :-
Net excess income from operations before tax (86,191) 55,459
Income from operations before tax in the Statement of Financial Activites (86,191) 55,459
Add/(deduct) non income and expenditure items:-
Unealised gains/(losses) on investments 357,848 (125,578)
Net Movement in funds before taxation 271,657 (70,119)
Funds generated in the year as shown on Statement of Financial Activities 271,657 (70,119)
The notes attached on pages 14 to 17 form an integral part of these accounts.
Paul Lunn-Rockliffe Charitable Trust - Resources applied in the year ended 5 April 2021 towards fixed
assets for Charity use:-
2021 2020
£ £
Funds generated in the year as detailed in the SOFA 271,657 (70,119)
Net resources available to fund charitable activities 271,657 (70,119)
**----- End of picture text -----**
**The notes attached on pages 14 to 17 form an integral part of these accounts.**
10
## **Paul Lunn-Rockliffe Charitable Trust - Statement of Financial Activities for the year ended 5 April 2021**
## **Movements in revenue and capital funds for the year ended 5 April 2021**
## **Revenue accumulated funds**
|Accumulated funds brought forward
**Closing revenue funds**
**Summary of funds**
Revenue accumulated funds
Recognised gains and losses before
transfers|**Unrestricted**
**Funds**
**2021**
**£**
1,878,447
271,657
**2,150,104**
**2,150,104**
**Unrestricted**
**and**
**Designated funds**
**2021**
**£**
2,150,104|**Restricted**
**Funds**
**2021**
**£**
-
-
**-**
**-**
**Restricted**
**Funds**
**2021**
**£**
-|**Total**
**Funds**
**2021**
**£**
1,878,447
271,657
**2,150,104**
**2,150,104**
**Total**
**Funds**
**2021**
**£**
**2,150,104**|**Last year**
**Total Funds**
**2020**
**£**
1,948,566
(70,119)
**1,878,447**
**1,878,447**
**Last Year**
**Total Funds**
**2020**
**£**
1,878,447|
|---|---|---|---|---|
**The notes attached on pages 14 to 17 form an integral part of these accounts.**
11
## **Paul Lunn-Rockliffe Charitable Trust - Statement of Financial Activities for the year ended 5 April 2021**
## **Paul Lunn-Rockliffe Charitable Trust**
**Income and Expenditure Account for the year ended 5 April 2021 as required by the Companies Act 2006**
|**_Income_**
Income from investments, other than interest receivable
Interest receivable
**Gross income in the year before exceptional items**
**Gross income in the year including exceptional items**
**_Expenditure_**
Charitable expenditure, excluding depreciation and amortisation
Governance costs
Realised losses on disposals of social investments which are programme related
**Total expenditure in the year**
Tax on surplus on ordinary activities
**Retained surplus for the financial year**
**Net income after tax in the financial year**
**Net income before tax in the financial year**
Investment income|**2021**
**£**
42,374
93
**42,467**
**42,467**
126,288
2,370
-
**128,658**
(86,191)
-
**(86,191)**
**(86,191)**|**2020**
**£**
56,129
337
**56,466**
**56,466**
507
500
-
**1,007**
55,459
-
**55,459**
**55,459**|
|---|---|---|
All activities derive from continuing operations
In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.
**The notes attached on pages 14 to 17 form an integral part of these accounts.**
12
## **Paul Lunn-Rockliffe Charitable Trust - Balance Sheet as at 5 April 2021**
|Note
**SORP**
**Ref**
**Fixed assets**
A
Investments held as fixed assets
6
A4
**Current assets**
B
Cash at bank and in hand
B4
**Creditors: amounts falling due within one**
**year**
7
C1
**Net current assets**
**The total net assets of the charity**|
**2021**
**£**
1,992,282
158,322
(500)
157,822
2,150,104|**2020**
**£**
1,634,435
244,512
(500)
244,012
1,878,447|
|---|---|---|
## **The total net assets of the charity are funded by the funds of the charity, as follows:-**
|**Unrestricted Funds**
Unrestricted Revenue Funds
9
D3
**Total charity funds**|2,150,104
2,150,104|1,878,447
1,952,454|
|---|---|---|
The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..
The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts.
The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 7.
TheThe Trustees are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.
## **James Lunn-Rockliffe**
Trustee Approved by the board of trustees on 17 November 2021
**The notes attached on pages 14 to 17 form an integral part of these accounts.**
13
## **Paul Lunn-Rockliffe Charitable Trust**
## **Notes to the Accounts for the year ended 5 April 2021**
## **1 Accounting policies**
## _**Policies relating to the production of the accounts.**_
## **Basis of preparation and accounting convention**
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015 (as amended by the Bulletin issued in February 2016) published by the Charity Commission in England & Wales (CCEW) ,effective January 2016, (The SORP), and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015 (as amended by the Bulletin issued in February 2016) in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.
## **Risks and future assumptions**
The charity is a public benefit entity. There are no significant adjustments to the entries in these accounts arising from judgements or assumptions made by the Trustees and no entries which may require adjustment in future periods.
## **Fixed Asset Investments**
Fixed asset investments in quoted shares, traded bonds, investment properties and similar investments are shown initially at cost upon acquisition and at their market value at the balance sheet date at the end of the financial period. Investment properties are not depreciated.
Fixed asset investments in unlisted equities are shown at the balance sheet date at the best estimate of their market value, where practicable. Where valuation techniques are considered unreliable or where, in the opinion of the trustees, the costs outweigh the benefits to the users of the accounts, the investment is included at cost, and a review is undertaken at each year end as to whether the asset should be written down.
All gains on fixed asset investments, whether realised or unrealised, are included in row B4 of the Statement of Financial Activities.
## **Debtors**
Debtors are measured at their recoverable amounts at the balance sheet date.
## **Cash and bank balances**
Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.
## **2 Liability to taxation**
The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.
## **3 Winding up or dissolution of the charity**
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
14
## **Paul Lunn-Rockliffe Charitable Trust**
## **Notes to the Accounts for the year ended 5 April 2021**
## **4 Investment gains**
|**_Unrealised gains /(losses) and writing down of carrying_**
Listed investments - Unrealised
**Total unrealised gains/(losses) etc**
**Total realised and unrealised gains**|**Current year**
**Unrestricted**
**Funds**
**2021**
**£**
**_values_**
357,847
**357,847**
**357,847**|**Current year**
**Restricted**
**Funds**
**2021**
**£**
-
**-**
**-**|**Current year**
**Total Funds**
**2021**
**£**
**357,847**
**357,847**
**357,847**|**Prior Year**
**Total Funds**
**2020**
**£**
(125,578)
**(125,578)**
**(125,578)**|
|---|---|---|---|---|
No employees received emoluments (excluding pension costs) in excess of £60,000 per annum.
## **5 Remuneration and payments to Trustees and persons connected with them**
The trustees receive expenses reimbursements when claimed and there were no amounts paid (£318 in 2020) from the charity during the year. They did not receive any remuneration from the charity.
15
## **Paul Lunn-Rockliffe Charitable Trust**
## **Notes to the Accounts for the year ended 5 April 2021**
## **6 Investments held as fixed assets**
|**Carrying values of investments**
At 6 April 2020
Revaluation at 5 April 2021
**At 5 April 2021**
**Analysis between fair value and historical cost**
Investments as above held at fair value
**7 Creditors: amounts falling due within one year**
Accruals|**£**
-
-
**-**
-
**Investments in**
**subsidiaries**|**Listed**
**investments**
**£**
1,634,434
357,847
**1,992,281**
1,992,281|**Other**
**Classes of**
**Investment**
**£**
-
-
**-**
-
**2021**
**£**
500|**Total**
**£**
1,634,434
357,847
**1,992,281**
1,992,281
**2020**
**£**
500|
|---|---|---|---|---|
## **8 Particulars of how particular funds are represented by assets and liabilities**
|**_At 5 April 2021_**
Investments at valuation:-
_Fixed asset investments_
Current Assets
Current Liabilities
**At 6 April 2020**
Investments at valuation:-
Fixed asset investments
Current Assets
Current Liabilities|**Unrestricted**
**funds**
**£**
1,992,281
158,323
(500)
**2,150,104**
**Unrestricted**
**funds**
**£**
1,634,435
244,512
(500)
**1,878,447**|**Designated**
**funds**
**£**
-
-
-
**-**
**Designated**
**funds**
**£**
-
-
-
**-**|**Restricted**
**funds**
**£**
-
-
-
**-**
**Restricted**
**funds**
**£**
-
-
-
**-**|**Total**
**Funds**
**£**
**1,992,281**
**158,323**
**(500)**
**2,150,104**
**Total**
**Funds**
**£**
**1,634,435**
**244,512**
**(500)**
**1,878,447**|
|---|---|---|---|---|
16
## **Paul Lunn-Rockliffe Charitable Trust**
## **Notes to the Accounts for the year ended 5 April 2021**
**9 Change in total funds over the year as shown in Note 8 , analysed by individual funds**
|**_Unrestricted and designated funds:-_**
Unrestricted Revenue Funds
**Total unrestricted and designated funds**
**Total charity funds**|**£**
1,878,447
**1,878,447**
**1,878,447**
**Funds brought**
**forward from**
**2020**|**See Note 10**
**£**
271,657
**271,657**
**271,657**
**Movement in**
**funds in 2021**|**£**
-
**-**
**-**
**Transfers**
**between**
**funds in 2021**|**£**
**2,150,104**
**2,150,104**
**2,150,104**
**Funds**
**carried**
**forward to**
**2022**|
|---|---|---|---|---|
## **10 Analysis of movements in funds over the year as shown in Note 9**
|**_Unrestricted and designated funds:-_**
Unrestricted Revenue Funds|**Income**
**2021**
**£**
42,467
**42,467**|**Expenditure**
**2021**
**£**
(128,658)
**(128,658)**|**Other**
**Gains &**
**Losses**
**2021**
**£**
357,848
**357,848**|**Movement**
**in funds**
**2021**
**£**
**271,657**
**271,657**|
|---|---|---|---|---|
## **11 The purposes for which the funds as detailed in note 9 are held by the charity are:-**
## _**Unrestricted and designated funds:-**_
Unrestricted Revenue Funds
These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and, subject to charity legislation, are free from all restrictions on their use.
## **12 Ultimate controlling party**
The charity is under the control of its trustees.
17