## ## ## ## ## ## ## ## |||Page| |---|---|---| |Report ofthe Trustees||1-3| |Independent
Examiner's|Report|| |Statement ofFinancial|Activities|| |Balance Sheet||| |Notes to the financial
statements||7-9| |Charitable
donations
made in year||10-11| ## ## ## ## ## The Maurits Mulder Canter ChAritable Trust Ch2ri tr8tion Number 266006 1973 Drt of the Trustee5 for the ear ended 31st December 2020 Contillued... Investment Policy It sbouId be noted that Vartan RaveL￿r0ft Stockbrokers manage the invested ￿¢ts on an advisory b&sis. The value of the inveslmenl portfolio as of 31 December 2020 was considerably lower than the previous year. While we had rccouped earlier losses in the l&st year. CV19 has knocked our perfomiance back down. Looking fonvard to the remainder of 2021, the TnLSt is happy to retK)rt that we are regaining ground on our10&8es with the diligent work from Silnon and Varten RavenscroÈl The investrnents remain in line with the TTr￿tee.S balanced attitude to investment risk, and the charity retains at least one year's donations on deposit to fall back on if required (over and above the income payments received from the inv&stments throughout the year, which are ￿Sed towards the annual donations). In additio￿ the charity bank and savings accounts hold enough to cover any incidental costs throughout the year. On this winL it should be noted that the T￿￿teeS continue to fill￿ their trdvel expenses. Reserves Policy Cash are held to cover at le&%t the costs of one year's annual donations and athninistration costs. Risk Management As the trust bas no operationaj activities. th¢ ll￿]n risk to the charity relates to the management of the endowment fund and the misuse of the trust income. The Truste¢s have established management procedures and controls in line with the recommended best practice of the Clwities Commissiow including regular reporting to mininllse these risks. The risk management ftam¢work and key risks werc reviewed and updated. Given the e£onotnic and environmental issues impacting UK Europe. and Global investments. we remain guided by Vartan Ravenscroft on maintsining an appropriafr balance to th¢ investsn¢nt portfolio. We have proper controls to . pffsent misuse of funds, and two signatur¢s or digital approvals arc required on all payments. Risk management is considered and review¢d on an annual basis. Thc co￿eSpondence address of the charity is LillibrcK)k¢, Station Road, Woolhampton RG7 5SQ. On behalf of the Tntst¢es MTS K A Hume CA Dated I 1° August 2021 ## ## ## ## ## ## ## ||||2020 Total|2019Total| |---|---|---|---|---| ||||Unrestricted|Unrestricted| ||||Funds|Funds| |Incomin
resources||||| |Interest Received|||781|336| |Interest from Investments|||31,544|36,679| |Income from Tax Recoverable||||| |Incoming resources from|charitable|activities|32,325|37,015| |Donations||||| |Total incoming
resources|||32325|37.015| |Resources ex ended||||| |Stockbrokers Fees|||1,800|1,146| |Donations|||31,000|38,000| |Accountancy
Fee|||650|650| |Professional
Fees||||| |Bank Fees|||161|62| |Sundry Management||||| |Total resources expended|||33,611|39,858| |Net incomin
out oin|resources||(1,286)|(2,843)| |Gains/
losses
on investments||||| |Realised|||15,595|(65)| |Unrealised|||(74,425)|73,111| |Net Movements
in Funds|||60 116|70203| |Total funds brought forward at 31/12/19|||789,205|719,002| |Total funds carried forward at 31/1||2/20|729,089|789,205| The Maurfts Mulder Cgnter Charltsble Trust Balanee Sheet to 31" December 2020 2020 Total 2019 Totgl Fixed Assets Investments (note 2) 665,349 724,721 Current Assets Debtors Cash at Bank and in hand 64.390 64,390 65.134 65,134 Creditor5 Amoullts falling due within one year (note 3) 650 650 Net Current Assets 63.740 64.484 Net Assets 729 089 789 05 Funds of the Ch2ri Unrestricted income funds 729,089 789205 The financial statements were approved by the trustees on i ith August 2021 on thelr behalf by Trustee Mrs. K Hume CA ## ## ## ## ## |2.Investments||||||| |---|---|---|---|---|---|---| ||||||2020|2019| |Investments
listed on a recognised UK Stock|||Exchange||665,349|725,064| |Cash held by Stockbrokers|for Investment|||||| ||||||665,349|724,721| |Investments
Listed on a recognised
follows: Valuation
at 1"January||Stock Exchange||are as|725,064|652,023| |Acquisitions
at cost|||||138,339|31,664| |Disposals at valuation
or cost during||the year|||(137,454)|(31,669)| |Cash movements|||||343|65| |Net gains/losses
on investments|||||(60,943)|73,111| |Valuation at31"December|||||665,349|725,064| |Cash held by Stockbrokers|for Investment|||||343)| ||||||665,349|724,721| |Gains/Losses
on Investments||||||| |Realised losses|||||15,595|(1,945)| |Unrealised
gains (losses)|||||(74967)|74,921| |Net Movements
in Funds|||||59,372|72 976| |Total funds at 31/12/19|||||724,721|651,745| |Total funds at 31/12/20|||||665,349|724,721| |3.Creditors: Amounts
fallin|due within one||ear|||| ||||||2020|2019| |||||||f,| |Accruals|||||650|650| ## ## ## |||Brought|Incoming|Outgoing|Unrealised|Carried| |---|---|---|---|---|---|---| |||forward|resources|resources|/realised|forward| ||||||gains|| |General|fund|789,205|32325|+33,611)|(58,830)|729,089| |||789,205|32,325|33,611|(58,830)|729,089| ##