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|Incoming res|Incoming res|ources
and forwa|rd
commitments||||||
|---|---|---|---|---|---|---|---|---|
|The Trustees||do not anticipate|additional
resources
being|put into|the Trust, other than||very small|royalty|
|payments.|At|the year end the|Trust
had
future
conditional|grant|commitments|of approximately||f40,422|
|(2019 - F30,000).|||||||||
|REFERENCE||AND ADMINISTRATIVE
DETAILS|||||||
|Registered||charity number|265856||||||
|Trust secretary|||Daphne RWassermann||||||
|Registered||office|51 Westbourne
Gardens||||||
||||Glasgow G12 9XF||||||
|Trustees|||Daphne Wassermann||||||
||||Carolyn
Hayman
OBE||||||
||||Charlotte Wassermann||||||
||||Ruth Wassermann||||||
||||Fran Bury||||||
||||Ellie Bury||||||
||||Sheila Hayman
(observer)||||||
|Solicitors|||John Byme and Co||||||
||||Sheraton
House||||||
||||Castle Park||||||
||||Cambridge
CB3 OAX||||||
|Investment||manager|Waverton
Investment
Management||Limited||||
||||16Babmaes Street||||||
||||London SW1Y6AH||||||
|Bankers|||Co-operative
Bank pic||||||
||||PO Box250 Delf House||||||
||||Southway
Skelmersdale||||||
||||Lancashire
WN8 6GH||||||
|Independent||Examiner|Mr D Terry FCA||||||
||||Ramon Lee Ltd||||||
||||93Tabernacle Street||||||
||||London
EC2A 4BA||||||
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|||||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Notes|Funds|Funds|2020|2019|
||||||||||8|f||
|Income||||||||||||
|Donations||||||||2,302||2,302||
|Investment|income|||||||42,033||42,033|43,562|
|Total income||||||||44,335||44,335|43,562|
|Expenditure||||||||||||
|Cost of raising|||funds|||||23,409||23,409|18,453|
|Expenditure||on|charitable||activities|||68,317||68,317|71,750|
|Total expenditure||||||||91,726||91,726|90,203|
|Net Income||I(expenditure)||||&net||||||
|movements||in|funds before|||gains &losses||(47,391)||(47,391)|(46,641)|
|Net gains/losses|||on|investments|||7|115,605||115,605|246,603|
|Net movement|||In funds|||||68,214||68,214|199,962|
|Reconciliation||offunds||||||||||
|Total funds,||brought||forward||||1,771,667||1,771,667|1,571,705|
|Total funds,||carried||forward||||1,839,881||1,838,881|~1,777, 87|
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|||Notes||2020|||2019|
|---|---|---|---|---|---|---|---|
|||||||6||
|Fixed assets||||||||
|Investments|||||1,753,242||1,754,799|
|Current assets||||||||
|Cash at bank and in hand|||107,417|||18,068||
||||107,417|||18,068||
|Liabilities||||||||
|Creditors
falling due with|in one year|8|(20,778)|||(1,200)||
|Net current assets|||||86,639||16,868|
|Net assets|||||1,839,881||~7,777,6 7|
|The funds ofthe charity||||||||
|Unrestricted
funds|||||1,839,881||1,771,667|
|Restricted
funds||||||||
|Total charity funds|||||1,839,881||1,771,667|
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|INCOMIN|G RESOURCES FROM CH|ARITABLE|ACTIVITIES|ACTIVITIES|||
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted||Total|Total|
|||Funds
f||Funds
f|2020
f|2019f|
|CAF from|Walter Haymen|2,302|||2,302||
|||2,302|||2,302||
|NVESTM|ENT INCOME.||||||
|||Unrestricted||Restricted|Total|Total|
||||Funds|Funds|2020f|2019|
|Dividend|income from listed investments||40,182||40,182|42,229|
|Interest from Bonds|||1,250||1,250|1,250|
|Royalties|||601||601|83|
||||42,033||42,033|43,562|
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|EXPENDIT|URE ON|C|HARITABLE A|CTIVITY||||
|---|---|---|---|---|---|---|---|
|||||Raising||Total|Total|
|||||Fundsf|Donationsf|2020f|2019f|
|Grants and|donations|(Note 6)|||68,317|68,317|71,750|
|Investment|management||fees|21,458||21,458|16,745|
|Governance|cost (Note||5)|1,320||1,320|1,200|
|Support cost (Note 5)||||631||631|508|
|||||23,409|68,317|91,725|90,203|
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||||General||||
|---|---|---|---|---|---|---|
||||Support|Governance|Total|Total|
||||Costsf|Costs|2020f|2019f|
|Subscription|||631||631|500|
|Bank charges||||||8|
|Independent|examination|fees||1,320|1,320|1,200|
||||631|1,320|1,951|1,708|
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|Grants wer|e payable
to charitable
bodies within the|Trust's focus areas as follows:||
|---|---|---|---|
|||2020|2019|
||||6|
|Climate change||43,500|67,000|
|Individuals|in need|650|1,250|
|Peace and|recondllation||3,500|
|Refugees|in the UK|22,000||
|Education||2 167||
|||577377||
|charitable
organisa|tions
and individuals.||
|---|---|---|
|Beneficiary:||Amount|
|Ashanti||2,500|
|Life Mosaic||10,000|
|Hackney
Migrant|Project|4,400|
|Lewisham
Refugee||4,400|
|Refugee Survival|Trust|4,400|
|The Destitution
Project||4,400|
|Hope Projects||4,400|
|Tiyeni||15,000|
|Birkbeck College|via DRW for Nalougo fees|2,167|
|Groundswell
international||15,000|
##
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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|Market value,|brought|forward||||1,754,799|1,489,639|
|Additions||||||379,261|410,154|
|Disposals||||||(496,424)|(391,597)|
|Net realised/unrealised||investment||gains||115,605|246,603|
|Market value,|carried|forward||||~1,753, 42|1,754,799|
|Historical cost||||||1,320,802|1,406,709|
|All investments|are quoted||on a recognised||Stock Exchange|and comprise of:||
|UK Equities||||||136,993|177,147|
|UK Fixed Interest Stocks||||||107,290|155,420|
|UK Bonds||||||25,000|25,000|
|Overseas
Equities||||||1,259,586|1,154,579|
|Alternatives||||||224,374|242,653|
|||||||1,753,242|1,754,799|
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|LIABILITI|ES:AMOUN|TS
FALLING DUE WITHIN|ONE YEAR||
|---|---|---|---|---|
||||2020|2019|
||||6|6|
|Accruals:|||||
|Independent|examintaion|fees|1,320|1,200|
|Investment|management|fees|4,458||
|Grant|||15,000||
||||20,778|1,200|
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|MOVEMENT|OF FUNDS||||||
|---|---|---|---|---|---|---|
|||Balance|||Gain/(Loss)
on|Balance|
|||at 01.01.20
F|Income
6|Expenditure
6|Investments
f|at 31.12.20
6|
|Unrestricted|funds||||||
|General Funds||1,771,667|44,335|91,726|115,605|1,839,881|
|Total funds||1,771,667|44.335|91,726|115,605|~1,839,88|
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||||Balance|||Gain/(Loss)
on|Balance|
|---|---|---|---|---|---|---|---|
||||at 01.01.19|Income|Expenditure|Investments|at 31.12.19|
||||F||E|||
|Unrestricted||funds||||||
|General|Funds||1,571,705|43,562|90,203|246,603|1,771,667|
|Total funds|||1,571,705|43,562|90,203|246,603|1,771,667|
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|ANALYSIS OF NET ASSET|S BETWEEN FUNDS||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||Funds|Funds|2020|2019|
||E||6|6|
|Fixed Asset Investments|1,753,242||1,753,242|1,754,799|
|Net current assets|86,639||86,639|16,868|
||||1,839,881|1,771,667|
|Analysis ofnet assets between funds —previous year|||||
||Unrestricted|Restricted|Total|Total|
||Funds
6|Funds
6|2019f|2018|
|Fixed Asset Investments|1,754,799||1,754,799|1,489,638|
|Net current assets|16,868||16,868|82,067|
||1,771,667||1,771,667|1,571, 05|
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