2021-03-31-accounts

Contents	Page
Trustees' Annual Report and Accounts
Objectives and activities
Public benefit
Achievements and performance
Structure, governance and management
Reference and administrative information
Financial review
Policy on reserves
Responsibility for the accounts
Report ofthe independent examiner
Statement ofFinancial Activities
Balance Sheet
Statement ofCash Flow
Notes to the Financial Statements	10-17

Achievemen	ts and perfo	ts and perfo	rmanc	e	e
The Trustees	made a total		of 35	unrestricted		grants	in	2020-21		(2019-20:33). Restricted
grants were	made to 5 beneficiaries				(2019-20: 4) totalling				R1,350. JSBF responded				to 1
disaster appeal		(R2,000 to the		Disasters		Emergency		Committee's			global	coronavirus
appeal). The	categories and		amounts		are summarised		as follows:
			Recipient							%total
Cate o				s	Amount		reci ients			rants		2019-20
Arts & Music						5,000		14.3		15.4			2,800
Environment						4,600		14.3		14.2			4,800
Health, welfare,		social justice
UK				13		12,200		37.1		37.7	14		11,600
Health, welfare,		social justice
W				12		10,600		34.3		32.7	10		9,200
Sub-totals				35		32,400		100		100	33		28,400
Emergency						2,000							0
Restricted						1,350							1,000
Bank charges						46							66
Investment units		purchased				7000							7000
Totals						42,646							36,466

				Unrestricted	Restricted	Total	Total
			Notes	Funds	Funds	Funds	Funds
						2021	2020
						5	5
Income
Gifts 5donations			2a	12,433	1,350	13,783	21,429
Investment income			2b	14,717		14,717	16,432
Unrestncted Fund Received			2c	603,020		603,020	0
Other income —bank	interest		2d	11		11	86
Total income				630,181	1,350	631,531	37,947
Expenditure
Charitable activities			3a	(35,219)	(1,350)	(36,569)	(36,466)
Total expenditure				(35,219)	(1,350)	(36,568)	(36,466)
Net income/(expenditure)				594,962	0	584 862	1 481
Gains on Investment	assets A		9	72,411	0	72,411
Gains on Investment	assets 8		9	55,951	0	SS,sat
Gross Transfers between		funds		0	0	0
Net movements in funds				723,324	0	723,324	1,461
Total funds brought forward	at 6	April 2020	9	365,179	0	365,178	363,598
Total funds carried forward	at	31 INarch 2C21		1,088,503	0	1,088,503	365,179

				2020
		Notes		5
Fbred Assets
Invsstmsnt assets	A —Unrestricted		423,010	343,599
Invsatmsnt assets	I}—Unrestricted		658,97'I
Total ffrred ssseta			1,0S1,8S1	343,599
Current Assets
Debtors			1,013	0
Deposit account			648	19.835
Cash atbank and	m hand		5,813	1,945
Total Current Assets				21,580
Current Liabilities
Creditors amounts	failing dus within ons year		(750}
Nat current assets			SJI22
Total Assets fess Cancer Llsbffftfea			1,066 ray}	385.179
Funds
Unrestricted funds			1,088,503	355,179
Total itrnda			1,088,503	385,179

Statement ofCash Flow	Statement ofCash Flow	Statement ofCash Flow
Forthe period 6April 2020to31 March 2021				Period to
				31.03.2021
Net cash from/(used in) operating activities				(23,049)
Cash flows from investing actlvhies
Interest and income from investments			14,728
Purchases of investment/equipment			(7,000)
Net cash provided by/(used in) investing
activities				7,728
Change in cash and cash equivalents	in the			(15,321)
reporting period
Cash and cash equivalents at beginning		ofyear		21,580
Cash and cash equivalents at year end				6,259
Reconciliation ofnet income/(expenditure)
before investment gains
Net income before investment gains	at year end			594,962
Adjustments for:
Depreciation charges				0
Interest and income from investments				(14,728)
Decrease/(increase) in debtors				(1,013)
(Decrease)/increase in creditors				750
Decrease/(increase) in Fixed Assets				(603,020)
Net cash provided by/(used in) operating
activities				(23,049)
Analysis ofcash and cash equivalents
Cash at bank and in hand				648
Short term deposits				5,613
				6,259

2	Income
						Total	Total
				Unrestricted	Restricted	Funds	Funds
			Notes	funds	funds	2021	2020
					5	f
2a	Gifts &donations
	Gifts &donations			7,642	1350	8,992	14,789
	Give As You Eam			350		360	3,210
	Gift Aid			4,431		4,431	3,430
				12,433	1,350	13,783	21,429
2b	Investmentincome
	Dividends	Income		14,717		14,717	16,432
				14,717	0	14,717	16,432
2c	Unrestricted	funds received
	Bequest from John Bowers			503,020		603,020	0
				603,020	0	603,020
2d	Otherincome
	Bank Interest					11	86
					0	11	86
	Total Income			630,181	1,350	631,531	37,947

3	Expenditure
						Total	Total
				Unrestricted	Restricted	Funds	Funds
				funds	funds	2021	2020
				f		f
3a	Charitable activities
	Grants made to beneficiaries:
	Arts & Music			5000		5,000	2800
	Environment			4,800		4,600	4,800
	Health, welfare, social justice UK			12,200		12,200	11,600
	Health, welfare, social iustice Overseas			10,800		10,600	9,200
	Disaster emergency	grants		2,000		2,000
	Restricted grants				1,350	1,350	1,000
	Bank charges			89		69	88
	Accountancy &examiner's		fees	750		760	0
	Investment purchase						7,000
	Total expenditum			35,219	1,350	36,569	38,460

the period 06Apra 2020to 31 March 2021	the period 06Apra 2020to 31 March 2021
Fixed assets investments					Total	Total
		Unrestricted	Unrestricted		Funds	Funds
		funds	Funds		2021	2020
		Investment	Investment
		assets A	assets	8
		E		E
Unrestricted funds
Market value at 06 April	2020	343,599		0	343,599
Purchase ofinvestments	from the will ofthe late John Bowers		603,020		603,020
Purchase ofinvestment	—Transfer from bank current account	7,000			7,000
Change in market value		72,411	55,951		128,362
		423,010	656,971		1,061,981	343,599
Investment Income		14,717		0	14,717	16,432
Investment Income - transfer to bank current account		(14,717)			(14,717)	(16,432)
Total value as at 31 March 2021		423,010	656,971		1,081,981	343,599
Investment assets comprise:
COIF Ethical Fund		194,669			194,668	154,356
M&G Chariiifund		127,467			127,467	96,613
Rathbone Ethical Bonds		100,674			100,874	92,616
Rathbone Greenbank Investments			658,971		668,871
Total value as at 31 March 2021		423,010	658,971		1,081,981	343,599

6	Debtors					2021	2020
	Gla aid receivable					1,013	0
	Prepayments and accrued income					0	0
						1,013
7	Creditors:	amounts		falling due within one year
						2021	2020
						6
	Accruals					750	0
	Other creditors					0	0
						750
8	Analysis	of Net assets by fund
					Unrestricted		Total
					Funds		2021
					8		6
	Net current	assets			6,622		6,522
	investment	assets	A		423,010		423,010
	Investment	assets	8		668,971		668,871
	At 31 March 2021				1,088,503		1,088,503
	At 05 April	2020			366,179		365,179

9	Statement		offunds
				Balance			Gain on		Balance
				b/fwd	Income	Expenditure	Investment	Transfers	c/Iwd
				6Apr 2020					31 Mar 2021
	Unrestricted		funds	6
	General fund			21,580	27,161	(35,219)		(7,000)	6,522
	Investment		assets A	343,599	1,350	(1,350)	72,411	7,000	423,010
	Investment	assets 8		0	603,020	0	55,951	0	658,971
	TotalFunds			365,179	631,531	(36,569)	128,362	0	1,088,503

10 Comparative Statement		ofFinancial Activities Year	ofFinancial Activities Year	ofFinancial Activities Year	Ended	Unrestricted	Unrestricted	Restricted	Total
05April 2020 analysed	by tund		type.			dagda	~Fund	Funds	Funds
						General	Investment		2020
						Fund	assets A
						6	6
Income
Gifts &donations					2a	20,429	0	1,000	21,429
investment income					2b	16,432			16,432
Other income —bank interest					2c	86			86
Total income						36,947	0	1,000	37,947
Expenditure
Charitable activities					sa	(35,466)	0	(1,000)	(36,466)
Total expend(tore						(35,466)	0	(1,000)	(36,466)
Net Income/(expenditure)						1,481			1,481
Gains l(loss)on investment		assets				0	(40,989)-		(40,989)
Gross Transfers between		funds				0	0		0
Net movements In funds						1,461	(40,989)	0	(39,508)
Total funds brought forward at 6	April 2019- General			fund		20,099			20,099
Total funds brought forward at6	April 2019-Investment			assets A			384,588		384,588
Total funds carried forward at	05April		2020			21,580	343,599	0	366,179