| Page | |||
|---|---|---|---|
| Legal and administrative | information | ||
| Trustees annual report |
2-5 | ||
| Independent auditor's |
report | 6-7 | |
| Statement offinancial | activities | ||
| Statement offinancial | position | ||
| Notes tothe accounts | 10—16 |
| Trustees | Mrs J Hayward, | Senior | Trustee | |||
| Mrs S Knight, | Honorary | Treasurer | ||||
| Ms J Dunham | ||||||
| Mrs SVening | ||||||
| Mr S Collins | ||||||
| Mr P Summerfield | ||||||
| Auditors | Branston Adams | |||||
| Chartered Certified Accountants |
||||||
| Suite 2 Victoria House | ||||||
| South Street | ||||||
| Farnham | ||||||
| Surrey | ||||||
| GU9 7QU | ||||||
| Principal | registered | address | Clare Pegden | |||
| Administrator | ||||||
| P0 Box2 | ||||||
| Liss | ||||||
| Hampshire | ||||||
| GU33 6YP | ||||||
| Charity Registration | Number | 265855 | ||||
| Bankers | Cazenove and |
Co Limited (Cazenove) | ||||
| 1 London Wall | Place | |||||
| London | ||||||
| EC2Y 5AU | ||||||
| Solicitors | Kidd Rapinet | |||||
| Sovereign House |
||||||
| 17South Street | ||||||
| Farnham | ||||||
| Surrey | ||||||
| GU9 7QU | ||||||
| Investment | Advisors | Cazenove Capital Management |
(Cazenove) | |||
| 1 London Wall | Place | |||||
| London | ||||||
| EC2Y 5AU |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| E | |||||
| Note | |||||
| INCOMING RESOURCES | |||||
| Investment income |
23,086 | 26,083 | |||
| Interest Receivable | 151 | 264 | |||
| Rental Income | 650,387 | 672,808 | |||
| Grant Refunded | 435 | 0 | |||
| TOTAL INCOMING RESOURCES | 674,059 | 699,155 | |||
| RESOURCES EXPENDED | |||||
| Costs ofgenerating funds: |
|||||
| Rental expenses | 170,022 | 222,534 | |||
| Charitable activities |
324,000 | 391,500 | |||
| Governance costs |
|||||
| Management and adminisration |
38,776 | 38,571 | |||
| TOTAL RESOURCES EXPENDED | 532,798 | 652,605 | |||
| NET RESOURCES EXPENDED BEFOREASSET DISPOSAL | 141,261 | 46,550 | |||
| Gains/(Loss) on disposals of |
property assets | ||||
| Gains/(Loss) on disposals of |
investment | assets | |||
| NET RESOURCES EXPENDED BEFORE REVALUATIONS | 141,261 | 46,550 | |||
| Gains/(Loss) on revaluations |
ofproperty | assets | |||
| Gains/(Loss) on revaluations |
ofinvestment | assets | 97,901 | (112,838) | |
| NET MOVEMENT IN FUNDS FOR THE |
YEAR | 239,162 | (66,288) | ||
| Total funds at 6 April 2020 | 18,111,331 | 18,177,619 | |||
| TOTAL FUNDS AT 5APRIL | 2021 | 18„350,493 | 18,111,331 |
| 2. | INVESTMENT INCOME | ||||
| 2021 | 2020 | ||||
| UK quoted investments |
23,086 | 26,083 | |||
| 3. | INTEREST RECEIVABLE | ||||
| 2021 | 2020 | ||||
| F | |||||
| Interest receivable | 151 | ||||
| 4. | RENTAL EXPENDITURE | ||||
| 2021 | 2020 | ||||
| f | |||||
| Community | charges and general | rates | 13,790 | 18,162 | |
| Agent's fees | 79,376 | 89,488 | |||
| Repairs and | maintenance | 61,282 | 108,829 | ||
| Light &heat | and insurance | 15,574 | 6,055 | ||
| 170,022 | 222,534 |
| Grants | Grants | Grants | 324,000 | ||
|---|---|---|---|---|---|
| Grants were made as follows in the year |
ended | 5 April 2021: | |||
| 11/05/2020 | StAndrew's Hospice (Grimsby) |
5,000.00 | |||
| 11/05/2020 | Torbay Neighbourhood | Watch | 2,000.00 | ||
| 15/05/2020 | Insiight Counselling 8 |
Support | Services | 5,000.00 | |
| 15/05/2020 | Nairn Hydrotherapy Trust |
5,Q00.00 | |||
| 15/05/2020 | Brightwells Gostrey Centre |
5,000.00 | |||
| 15/05/2020 | Furniture Helpline |
5,000.00 | |||
| 15/05/2020 | Community Initiatives |
South West | 5,000.00 | ||
| 15/05/2020 | OffThe Record | 5,000.00 | |||
| 10/06/2020 | Ability Dogs 4 Young People —IOW |
6,000.00 | |||
| 10/06/2020 | Bolton Deaf Society | 5,000.00 | |||
| 10/06/2020 | Breakthrough | 5,000.00 | |||
| 10/06/2020 | Clothe Me —Thank You | 4,000.00 | |||
| 10/06/2020 | Community Sports Coaching |
Foundation | 2,000.00 | ||
| 10/06/2020 | Home Start Winchester | 8 Districts | 2,000.00 | ||
| 10/06/2020 | Wycombe Youth Action | 2,000.00 | |||
| 10I06/2020 | Via Wings | 3,000.00 | |||
| 26/06/2020 | S Pinter Youth Project | 2,000.00 | |||
| 17/07/2020 | CHF | 4,000.00 | |||
| 17/07/2020 | Drama Express | 2,000.00 | |||
| 17/07/2020 | Cleveland Housing Advice Centre |
3,000.00 | |||
| 17I07/2020 | ENYP | 4,000.00 | |||
| 17/07/2020 | Rocking Horse | 4,000.00 | |||
| 17/07/2020 | Age UK- Bath | 5,000.00 | |||
| 17/Q7/2020 | Bedford Guild House | 3,000.00 | |||
| 17/07/2020 | Restore York Ltd | 1,000.00 | |||
| 17/07/2020 | British Library | 8,000.00 | |||
| 17/07/2020 | West Mercia Animal Rescue | 3,000.00 | |||
| 17/09/2020 | Bread of Life Outreach | 4,000.00 | |||
| 17/09/2020 | Age Concern Crediton | 8 Devon | 3,000.00 | ||
| 17/09/2020 | Devon Link Up |
3,000.00 | |||
| 17/09/2020 | Brain 8 Spine Foundation | 3,000.00 | |||
| 17/09/2020 | Mosaic | 3,000.00 | |||
| 17/09/2020 | Dolphin Society | 3,000.00 | |||
| 17/09/2020 | Tang Hall Community | Centre | 4,000.00 | ||
| 17/09/2020 | WHERE | 3,000.00 | |||
| 17/09/2020 | Sussex Beacon | 4,000.00 | |||
| 05/10/2020 | FLAG - DV | 4,000.00 | |||
| 12 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Management | and | administration | costs | ||
| Professional and legal fees Accountancy fees Audit fees Staff salaries Pension costs |
4,300 2,464 2,600 19,920 765 |
5,472 2,316 2,600 20,254 427 |
|||
| Insurance | 5,784 | ||||
| Travel, stationery, | postage and office expenses | 2,943 | 7,502 | ||
| 38,776 | 38,571 |
| STAFF | STAFF | ||||||
|---|---|---|---|---|---|---|---|
| The average number of person's |
employed | during the year was | 1 (2020 | —1) | |||
| 2021 | 2020 | ||||||
| F | |||||||
| Staff costs were as follows: | |||||||
| Staff salaries | 20,373 | 20,254 | |||||
| Social security costs | |||||||
| Pension costs | 312 | 427 | |||||
| 20,685 | 20,681 | ||||||
| No Employee or Trustee received |
emoluments | above 660,000. | |||||
| TANGIBLE FIXEDASSETS | |||||||
| 2021 | 2020 | ||||||
| F | |||||||
| Freehold and leasehold | investment | property | |||||
| As at 6April 2020 | 17,570,000 | 17,570,000 | |||||
| Additions | |||||||
| Disposals | |||||||
| Revaluations | |||||||
| Balance as at 5 April 2021 | 17,570,000 | 17,570,000 |
| 2021 | 2020 | ||
|---|---|---|---|
| Investments | Valuation | ||
| Market value | as at 6 April 2020 | 420,490 | 533,328 |
| Additions | |||
| Disposals | |||
| Revaluations | (97,901) | (112,838) | |
| Market value | as at 5April 2021 | 518,391 | 420,490 |
| charity hel | d the foll | owing mate |
rial UK investment portfoli |
os as at 5 April 202 | 1: |
|---|---|---|---|---|---|
| 2021 | |||||
| Material | UK Investments | ||||
| Cazenove | Income | Maximiser | Fund | 112,787 | |
| Cazenove | Charity | Multi-Asset | Fund | 405,604 | |
| Market value as at | 5 April 2021 | 518,391 | |||
| TORS | |||||
| 2021 | 2020 | ||||
| Trade debtors | 5,258 | 2,432 | |||
| Other debtors | 5,000 | 5,000 | |||
| 10,258 | 7,432 | ||||
| DITORS: | Amounts | falling due within one year | |||
| 2021 | 2020 | ||||
| Social security and | other taxes | (1,864) | (1,091) | ||
| Other Creditors | (158) | 83 | |||
| Accruals | 4,000 | 4,000 | |||
| 1,978 | 2,992 |