2021-04-05-accounts

				Page
Report ofthe	Trustees		1	to	2
Independent	Examiner's	Report
Statement of	Financial	Activities
Balance Sheet			5	to	6
Notes to the	Financial Statements		7	to	13
Detailed Statement ofFinancial Activities				14

Trustees
M N C Kerr-Dineen
J BMann
TW Lahaise
D P Malpas
G C Rothwell
Independent Examiner
Martin Field F C A
Chartered Accountant
Clifford Roberts
Chartered Accountants
Pacioli House
9 Brookfield
Duncan Close
Northampton
Northamptonshire
NN3 6WL
Investment manager
Vermeer Partners
130Jermyn Street
London
SW1Y4UR

			2021	2020
			Unrestricted	Total
			fund	funds
		Note	F
INCOME AND ENDOWMENTS		FROM
Donations and legacies			4,507
Investment income			24,437	22,604
Total income and	endowments		28,944	22,604
EXPENDITURE ON
Raising funds			2,536	968
Charitable activities
Donations			29,000	9,500
Other			1,641	1,452
Total expenditure			33,177	11,920
NET INCOMING/(OUTGOING)		RESOURCES	(4,233)	10,684
Net gains/(losses)	on investments		183,075	(118,028)
NET MOVEMENT	IN FUNDS		178,842	(107,344)
RECONCILIATION	OF FUNDS
Total funds brought forward			606,891	714,235
TOTAL FUNDS CARRIED FORWARD			785,733	606,891

The V	ermeer Partners Charitable Tru	ermeer Partners Charitable Tru	st
	Balance Sheet
	~5A	ril 2021
			2021	2020
			Unrestricted	Total
			fund	funds
	Note		P
FIXEDASSETS
Investments	10		741,165	534,541
TOTAL FIXEDASSETS			741,165	534,541
CURRENT ASSETS
Cash at bank			46,068	75,170
CREDITORS
Amounts falling due within one year			(1,500)	(2,820)
NET CURRENT ASSETS			44,568	72,350
NET ASSETS			785,733	606,891
FUNDS	12
Unrestricted funds			785,733	606,891
TOTAL FUNDS			785,733	606,891

	sentiment co	ncerning equities and within particular sector	or sub sectors.
	DONATIONS	AND LEGACIES
			2021	2020
			f
	Donations		4,507
3.	INVESTMENT INCOME
			2021	2020
	UK equities,	unit trusts and real estate	17,102	15,929
	Foreign equities and unit trusts		7,335	6,511
	Deposit account interest			164
			24,437	22,604

							Direct
							Costs (see
							note 5)
	Donations						29,000
5.	DIRECT COSTS OF CHARITABLE ACTIVITIES
	Analysis ofcharitable		expenditure
						2021	2020
							R
	Hornsby Professional	Cricketers		Fund			5,000
	Starfish Project						2,500
	Spinal Injuries Assoc						1,000
	Parkinson's UK						1,000
	NHS City I ivery Kitchen		and Our Time			15,000
	Longfield Hospice Care		(Roger Bramley)			1,000
	Cauldell Lyme Disease		Charity			1,000
	Design Museum					5,000
	Matt Ratana Rugby Foundation					2,500
	StJoseph's Hospice (Bowden)					1,500
	Consortium for Street	Children				1,000
	Imperial Health Charity		Re BGlasspole			1,000
	Cancer Treatment and		Research	re BGlasspole		1,000
						29,000	9,500
6.	SUPPORT COSTS
						Governance
					Finance	costs	Totals
					F	f	P
	Investment management		costs		2,536		2,536
	Other resources expended					1,641	1,641
					2,536	1,641	4,177

					2021	2020
			Investment	Other
			management	resources	Total	Total
			costs	expended	activities	activities
				F		F
Management	fees		2,536		2,536	968
Accountants'	fees- year end accounts
and Independent		Examination		1,500	1,500	1,452
Bank charges	and	interest		141	141
			2,536	1,641	4,177	2,420

			Unrestricted
			fund
INCOME AND ENDOWMENTS		FROM
Investment income			22,604
Total income and	endowments		22,604
EXPENDITURE ON
Raising funds			968
Charitable activities
Donations			9,500
Other			1,452
Total expenditure			11,920
NET INCOMING/(OUTGOING)		RESOURCES	10,684
Net gains/(losses)	on investments		(118,028)
NET MOVEMENT	IN FUNDS		(107,344)
RECONCILIATION	OF FUNDS
Total funds brought forward			714,235
TOTAL FUNDS CARRIED FORWARD			606,891

	The carrying amounts	The carrying amounts	ofthe charity's	ofthe charity's	ofthe charity's	ofthe charity's	financial	instruments	instruments	instruments	are as follows:	are as follows:	are as follows:
														2021		2020
	Financial	assets										See note				f
	Measured	at fair value	through			the statement		offinancial
	activities
	- Fixed asset listed investments													741,165		534,541
	Measured	at undiscounted			amount
	-Cash at	bank												46,068		75,170
	Financial	liabilities
	Measured	at undiscounted			amount
	-Accruals											10		1,500		2,820
	The income, expenses,			net gains			and losses attributable				to the charity's			financial		instruments are
	disclosed	in notes 2	to 7		and	all relate to financial				assets		measured	at	fair value	or undiscounted
	amount.
	The company's income,				expense,		gains	and	losses		in	respect	of	financial	instruments are
	summarised below:
														2021		2020
	Financial gains/(losses) On fixed asset investments				measured		at fair value							193,813		~189,743)
10.	FIXEDASSET INVESTMENTS
																Listed
																investments
	MARKET	VALUE
	At 6April	2020														534,541
	Additions															73,707
	Disposals															(60,896)
	Revaluations															193,813
	At 5 April	2021														741,165
	NET BOOK VALUE
	At 5 April	2021														741,165
	At 5 April	2020														534,541
	There were no investment				assets outside the			UK.
	Cost or valuation at 5		April		2021 is represented			by:
																Listed
																investments
	Valuation	in 2021														741,165

2021	2020
f.
1,500	2,820

11.	CREDITORS: AMOUNT	CREDITORS: AMOUNT	S FA	LLI	NG DUE WITHIN ONE YE	AR	2021 f.	2020
	Other creditors						1,500	2,820
12.	MOVEMENT	IN FUNDS
							Net
							movement	At
						At 6.4.20	in funds	5.4.21
	Unrestricted	funds
	General fund					606,891	178,842	785,733
	TOTAL FUNDS					606,891	178,842	785,733
	Net movement	in funds,	included		in the above are as follows:
					Incoming	Resources	Gains and	Movement
					resources f	expended	losses	in funds
	Unrestricted	funds
	General fund				28,944	(33,177)	183,075	178,842
	TOTAL FUNDS				28,944	~33,177)	183,075	178,842
	Comparatives	for movement		in	funds
							Net
							movement	At
						At 6.4.19	in funds	5.4.20
						P		F
	Unrestricted	funds
	General fund					714,235	(107,344)	606,891
	TOTAL FUNDS					714,235	~107,344)	606,891

		Incoming	Resources	Gains and	Movement
		resources	expended	losses f	in funds
Unrestricted	funds
General fund		22,604	(11,920)	(118,028)	(107,344)
TOTAL FUNDS		22,604	~11,920)	)118,028)	(107,344)

A curren	t yea	r 12months and prior year	12 months combined position is	as follows:
				Net
				movement	At
			At 6.4.19	in funds	5.4.21
Unrestricted		funds
General	fund		714,235	71,498	785,733
TOTAL	FUNDS		714,235	71,498	785,733

A current yea above are as	r 12 months and pr follows:	ior year 12 months combi	ned net movem	ent in funds, i	ncluded in t
		incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
				F
Unrestricted	funds
General fund		51,548	(45,097)	65,047	71,498
TOTAL FUNDS		51,546	~45,097)	65,047	71,498

		2021	2020
			F
INCOME AND ENDOWMENTS
Donations and legacies
Donations		4,507
Investment income
UK equities, unit trusts and	real estate	17,102	15,929
Foreign equities and unit trusts		7,335	6,511
Deposit account interest			164
		24,437	22,604
Total incoming resources		28,944	22,604
EXPENDITURE
Charitable activities
Donations		29,000	9,500
Support costs
Finance
Management fees		2,536	968
Governance costs
Accountants' fees- year end accounts and
Independent Examination		1,500	1,452
Bank charges and interest		141
		1,641	1,452
Total resources expended		33,177	11,920
Net (expenditure)/income	before gains
and losses		(4,233)	10,684
Realised recognised gains and losses
Realised gains/(losses) on fixed asset
investments		i10,738)	71,715
Net (expenditure)/income		i14,971)	82,399