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|---|---|---|
|Reference and Administrative
Details ofthe Charity, its Trustees and Advisers|||
|Trustees'
Report||2-4|
|Independent
Examiner's|Report||
|Statement
of Financial|Activities||
|Balance Sheet|||
|Notes to the Financial Statements||8-18|
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||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
|||Note|2021
6|2021|2021
6|2020f|
|Income from:|||||||
|Charitable
activities|||3,847|25,896|29,743|34,535|
|Total income|||3,847|25,896|29,743|34,535|
|Expenditure
on:|||||||
|Charitable
activities|and Government||||||
|Costs||||25,282|25,282|33,598|
|Total expenditure||||25,282|25,282|33,698|
|Net Income before net gains/(losses)
on Investments|||3,847|614|4,461|837|
|Net gains/(losses)|on investments||20,399|26,376|46,775|(12,215)|
|Net income/(expenditure)|||24,246|26,990|51,236|(11,378)|
|Transfers
between|funds||(18,966)|18,966|||
|Net movement
In|funds||5,280|45,956|51,236|(11,378)|
|Reconciliation
of|funds:||||||
|Total funds brought|forward||140,432|123,951|264,383|275,751|
|Net movement
in funds|||5,280|45,956|51,236|(11,378)|
|Total funds carried forward|||145,712|169,907|315,619|264,383|
||||||Note||2021||2020f|
|---|---|---|---|---|---|---|---|---|---|
|Fixed assets||||||||||
|Investments|||||||305,259||257,928|
||||||||305,259||257,928|
|Current assets||||||||||
|Debtors: amounts|falling due within one year||||9|4,007||2,228||
|Cash at bank and|in|hand||||30,883||28,986||
|||||||34,890||31,214||
|Creditors: amounts||falling||due within one||||||
|year||||||(24,530)||(24,759)||
|Net current assets|||||||10,360||6,455|
|Total assets less|current|||liabilities|||315,619||264,383|
|Net assets excluding|||pension asset||||315,619||264,383|
|Total net assets|||||||315,619||264,383|
|Charity funds||||||||||
|Restricted funds|||||||145,712||140,432|
|Unrestricted
funds|||||||169,907||123,951|
|Total funds|||||||315,619||264,383|
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||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2021|2021|2021|2020|
||6||||
|C&ETrust|||||
|Dividends|3,847|3,382|7,229|7,644|
|Annual
Subscription||350|350|350|
|Sundry Donations||41|41|149|
|Bank Interest||||20|
|Sundry Income||||78O|
|C&ETrust - Total Income|3,847|3,773|7,620|8,943|
|BADA Friends|||||
|Annual
Subscription||12,375|12,375|12,520|
|Sundry Donations||640|640|784|
|Dividends||1,171|1,171|1,236|
|Income Tax||1,779|1,779|1,833|
|Lectures and Tours||6,158|6,158|9,219|
|Total 2021|3,847|25,896|29,743|34,535|
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021f|2021|2020f|
|C&ETrust|||||
|West Dean Student Scholarship||||6,000|
|Harold Davis Prize to Student||300|300|300|
|Geoffrey Moss Prize||300|300|300|
|Audit and Accountancy||2,400|2,400|2,420|
|||3,000|3,000|9,020|
|BADA Friends|||||
|Salaries||17,886|17,886|16,277|
|Postage,
printing|and stationary|1,255|1,255|1,198|
|Advertising
and PR||475|475|366|
|Travel||||60|
|Event Expenses||2,061|2,061|3,517|
|Bank Charges||48|48|34|
|Sundry Expenses||57|57|206|
|Charitable
Donations||500|500|1,000|
|||25,282|25,282|33,698|
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|6.|Staff costs|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021f|2020f|
||Wages and salaries|||||||17,886|18,277|
|||||||||17,886|I8,277|
||The average|number|of persons|employed||by|the Charity|during the year was as follows:||
||||||||||2021|
||||||||||No.|
||Employees|||||||||
||No employee|received|remuneration||amounting||to more|than f60,000 in either year.||
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|||Trade|
|---|---|---|
|||Investmentsf|
|Cost or valuation|||
|At 1 July 2020||257,927|
|At 30 June 2021||305,259|
|Net book value|||
|At 30June 2021||305,259|
|At 30June 2020||257,927|
|Valuation|||
|The Market Values of Investments|have been determined|from the report ofthe Fund Managers.|
##
|Fixed asset Investment|s
-continued|||
|---|---|---|---|
|||2021|2020f|
|Investments||||
|Narrow Range||||
|GCP Infrastructure
Ord|GBP0.01|3,036|3,356|
|iShares
III Pic Markit Iboxx GBP Corp bond Ex||3,362|3,407|
|NB Global Floating Red|C SHS NPV GBP|2,182|2,461|
|Real Est Credit
IN Ord|||1,500|
|Fil inv svc||5,449|5,391|
|Bio Pharma
Credit||1,608|1,817|
|Twentyfour
Income Ord|GBP0.01|3,583|3,351|
|Volta Finance
Ltd|||2,659|
|Wide Range||||
|Aberforth
Smaller Companies
Trust||5,738|3,465|
|Apax Global Alpha Ord|NPV|2,078|1,503|
|Artemis
FO MNGRS Income Inst. Inc|||12,401|
|Axa Framlington
Global|Technology
inc|4,565|3,367|
|Bacit (Syncona)
Ltd|||3,266|
|Baillie Gifford US Ord GBP0.01||2,990|4,558|
|BNY Mellon FM-Newton|Global Inc Inst Inc||2,940|
|Baillie Gifford American|W1|5,305||
|BBHealthcare
Trust||3,968|3,240|
|Blackrock FM Ltd||8,188|5,894|
|CF Miton UK Multi Cap||7,759|5,953|
|Charities
Property Fund|||4,237|
|Coupland
Cardiff||3,329|3,954|
|Cordiant
Digital
1 ord CSHS NPV||2,430||
|Findlay Park - American|Smaller Co's|11,759|9,556|
|Fidelity UCITS
ICA||12,520||
|First State Inv Stewart|Inv Asia Paci Ldrs||3,391|
|Hicl Infrastructure
Co Ltd||2,487|2,592|
|First Sentier Invr Stewart||5,496||
|Hipgnosis
Songs||2,620|2,500|
|Impax Enviro Mkts||2,378|3,150|
|Int Public Partner
Ord GBP0.0001||2,589|2,604|
|JP Morgan GBLEmerg|Ord GBP0,01|3,375|2,503|
|JP Morgan Euro IT Income Shares||4,666|3,510|
|Legg Mason GBL RD Royce US Small Cap||7,007|6,172|
|Jupiter UT MNGRS Bond||4,675||
|Legg Mason||2,238|2,198|
|Majedie Asset Mgt UK|Income XInc Nav||4,240|
##
||||NOTES TO THE FINANCIAL STATEMENTS|NOTES TO THE FINANCIAL STATEMENTS|||
|---|---|---|---|---|---|---|
||||FOR THE YEAR ENDED 30JUNE 2021||||
|8.Fixed asset investments|||-continued||||
|Marlborough
FD MGR|UK||Micro|Cap Growth|9,101|5,594|
|Mayfair Capital
In Prop|Inc||Trust|For Charitie|2,197|2,209|
|M&G Investment
Man|Charifund|||Inc|10,416|8,703|
|Mercantile
Investment|Ord||GBP0.25||7,740|5,682|
|Middlefield
Can IT Red|Ptg||Prf Shs GBP NPV||4,420|3,260|
|Miton Trust Miton Income||Instl Inc|||10,113|8,909|
|MSIM Fund|||||3,839|3,152|
|North American
Income Ord GBP0.25|||||7,700|6,518|
|Ninety one FD MGRS|||||3,350||
|Pantheon
int'I Participations|||Ord|GBP0.67||3,888|
|Perpetual
Growth|||||4,277|3,721|
|Pictet Asset Mgmt Robotics|||||2,390|1,807|
|Hiscox Ins P'folio R inc NAV)|||||2,817|2,500|
|Princess Private Eq Ord Eur0.001|||||6,644|5,181|
|Residential
Secure Ord GBP0.01|||||2,290|1,918|
|Schroder Oriental
Ord|||||6,800||
|Threadneedle
Inves UK Equity|||||4,905||
|Utilico Em Mkt Ltd Ord|GBP0.01||||3,375|2,670|
|Sequoia Economics||||||623|
|The renewables|||||2,214|2,187|
|Vanguard
Funds PLc|||||7,661|5,187|
|Vanguard
INV SER US Gov Bond|||||2,622||
|Tritax|||||3,327|2,458|
|JOAN EYLESFund|||||||
|COIF Charities
Investment|||Fund||69,679|60,585|
||||||305,259|257,928|
|Debtors|||||||
||||||2021|2020|
||||||6||
|Due within one year|||||||
|Other debtors|||||4,007|2,228|
##
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||||2021|2020f|
|---|---|---|---|---|
|Other creditors|||19,730|22,359|
|Accruals|and deferred|income|4,800|2,400|
||||24,530|24,759|
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||||||||Balance at|
|---|---|---|---|---|---|---|---|
|||Balance at 1|||Transfers|Gains/|30June|
|||July 2020|Income|Expenditure|in/out|(Losses)|2021|
|||6|K|F.|6|6|E|
|Unrestricted||||||||
|Funds||||||||
|Unrestricted||||||||
|Funds||82,674|25,896|(25,282)|||83,288|
|Investment||||||||
|Reserves||41,277|||18,966|26,376|86,619|
|||123,951|25,896|(25,282)|18,966|26,376|169,907|
|Restricted||||||||
|funds||||||||
|Restricted||||||||
|Investment|Fund|140,432|3,847||(18,966)|20,399|145,712|
|Total offunds||264,383|29,743|(25,282)||46,775|315,619|
##
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|Statement||of funds - prior|year||||||
|---|---|---|---|---|---|---|---|---|
|||||||||Balance at|
||||Balance at||||Gainer'|30June|
||||1 Ju/y 2019f|Income
f|Expenditure|f|(Losses)f|2020|
|Unrestricted||funds|||||||
|Unrestricted||Funds|81,837|30,570|(29,733)|||82,674|
|Investment||Reserves|54r077||||(12,800)|41,277|
||||135,914|30,570|(29,733)||(12,800)|123,951|
|Restricted||Funds|||||||
|Restricted|Investment||||||||
|Reserves|||139,847|3,955|(3,965)||585|140,432|
|Total offunds|||275,761|34,535|(33,698)||(12,215)|264,383|
##
|Summary|offun|ds - current year|||||||
|---|---|---|---|---|---|---|---|---|
|||||||||Balance at|
|||Balance at 1||||Transfers|Gains/|30June|
|||July 2020
6|Income
f|Expenditure|f|In/out
F|(Losses)f|2021f|
|Unrestricted|||||||||
|funds||123,951|25,896|(25,282)||16,966|26,376|169,907|
|Restricted|funds|140,432|3,847|||(18,966)|20,399|145,712|
|||264,383|29,743|(25,282)|||46,775|315,619|
##
|Summary|offunds - prior|year|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at|||Gainer|30June|
|||1July 2019f|Income
f|Expenditure
f|(Losses)|2020|
|Unrestricted|funds|135,914|30,570|(29,733)|(12,800)|123,951|
|Restricted|funds|139,847|3,965|(3,965)|585|140,432|
|||275,761|34,535|(33,698)|(12,215)|264,383|
##
|Analysis of net assets between
Analysis of net assets between|funds
funds|-current year||||
|---|---|---|---|---|---|
||||Restricted|Unrestricted|Total|
||||funds|funds|funds|
||||2021
F|2021
F|2021f|
|Trade investments|||140,353|164,906|305,259|
|Current assets|||5,359|29,531|34,890|
|Creditors due within one year||||(24,530)|(24,530)|
|Total|||145,712|169,907|315,619|
|Analysis of net assets between|funds|- prior year||||
||||Restricted|Unrestricted|Total|
||||funds|funds|funds|
||||2020
f|2020
f|2020f|
|Trade investments|||123,365|134,563|257,928|
|Current assets|||17,067|14,147|31,214|
|Creditors due within one year||||(24,759)|(24,759)|
||||140,432|123,951|264,383|