##
|||||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|