|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|