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|---|---|---|---|---|
|Reference and administrative||details ofthe Charity,|its Trustees and advisers||
|Trustees'
report||||2-10|
|Independent
auditors'|report|on the financial statements||11-14|
|Statement offinancial|activities|||15|
|Balance sheet||||16|
|Notes to the financial|statements|||17-27|
|Trustees|||Morris Peacock||
|---|---|---|---|---|
||||Alexander
Munro||
||||Graham
Tuttle||
||||Patrick Harris||
|Charity registered|||||
|number|||266842||
|Principal|office||Howes Percival||
||||Flint Buildings||
||||1 Bedding Lane||
||||Norwich||
||||NR3 1RG||
|independent||auditors|Larking Gowen LLP||
||||Chartered
Accountants||
||||King Street House||
||||15Upper
King Street||
||||Norwich||
||||NR3 1RB||
|Bankers|||Barclays Private|Bank|
||||1 Stanhope||
||||Mayfair||
||||London||
||||W1K 1AF||
|Solicitors|||Howes Percival|LLP|
||||Flint Buildings||
||||1 Bedding Lane||
||||Norwich||
||||NR3 1RG||
|Investment||advisor|Barratt &Cooke|Limited|
||||5 Opie Street||
||||Norwich||
||||NR1 3DW||
|Investment||advisor|Barclays Wealth||
||||1 Churchill
Place||
||||Canary Wharf||
||||London||
||||E145HP||
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||||||Unrestricted|Endowment|Total||Total|
|---|---|---|---|---|---|---|---|---|---|
||||||funds|funds|funds||funds|
|||||Note|2021
f|2021
f|2021
F||2020f|
|Income and endowments||from:||||||||
|Investments|||||346,318||346,318||446,651|
|Total income and|endowments||||346,318||346,318||446,651|
|Expenditure
on:||||||||||
|Investment
manager fees||||||12,800|12,800||14,590|
|Charitable
activities|||||350,767||350,767||446,644|
|Total expenditure|||||350,767|12,800|363,567||461,234|
|Net movement
in|funds before other|||||||||
|recognised
gains/(losses)|||||(4,449)|(12,800)|(17,249)||(14,583)|
|Other recognised|gains/(losses):|||||||||
|Gains/(losses)
on revaluation
assets|||offixed|||2,193,644|2,193,644|(1,683,429)||
|Net movement
in|funds||||(4,449)|2,180,844|2,176,395|(1,698,012)||
|Reconciliation
of|funds:|||||||||
|Total funds brought|forward||||10,000|12,142,381|12,152,381|13,850,393||
|Net movement
in funds|||||(4,449)|2,180,844|2,176,395|(1,698,012)||
|Total funds carried forward|||||5,551|14,323,225|14,328,776|12,152,381||
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||||Note||2021||2020f|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|Investments|||||14,253,600||12,118,771|
|Current assets||||||||
|Debtors|||9|63,901||52,795||
|Cash at bank and|in|hand||25,136||166,691||
|||||89,037||219,486||
|Creditors: amounts||falling due within one||||||
|year|||10|(13,861)||(135,876)||
|Net current assets|||||75,176||83,610|
|Creditors: amounts||falling due after more||||||
|than one year|||||||(50,000)|
|Net assets|||||14,328,776||12,152,381|
|Total net assets|||||14,328,776||12,152,381|
|Charity funds||||||||
|Endowment
funds|||||14,323,225||12,142,381|
|Unrestricted
funds|||||5,551||10,000|
|Total funds|||||14,328,776||12,152,381|
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|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2020|2020|
|||6|6|
|Income|from listed investments|446,364|446,364|
|Interest|on cash deposits|287|287|
|||446,651|446,651|
##
|||Grants to|Total|
|---|---|---|---|
|||Institutions|funds|
|||2021|2021|
|||F|E|
|Grants|payable|313,943|313,943|
|||Grants to|Total|
|||institutions|funds|
|||2020f|2020f|
|Grants|payable|407,562|407,562|
##
##
|||||||2021
5|2020
f|
|---|---|---|---|---|---|---|---|
|Name of institution||||||||
|46th Norwich Scout Group|||||||10,000|
|Build the Nest|||||||15,000|
|Caistor Roman Project Ltd|||||||5,000|
|EACH|||||||50,000|
|Fresh Start New Beginnings||||||5,000||
|Friends of Hewett||||||5,000||
|Harleston
Information|Plus|||||5,000||
|Leeway Domestic Violence||and Abuse||Services||5,000||
|MAP Youth Work||||||5,000||
|Matthew
Project||||||5,000|f9,252|
|Norfolk Community
Foundation|||(Millennium||Power Pack)||10,000|
|Norfolk and Norwich|Festival|||||10,000|5,000|
|Norfolk Wildlife Trust||||||5,000||
|Norwich
Cathedral|||||||10,000|
|Norwich
Quaker Meeting|||||||5,000|
|Pandora Project|||||||5,000|
|Shrublands
Youth &|Adult Centre Charitable||||Trust||5,000|
|Soul Foundation||||||10,000||
|The Big C Appeal
Ltd (Nearer|||to Home|Appeal)|||30,000|
|The Norfolk Hospice|- Tapping||House||||20,000|
|UEA - Covid 19Research||and|antibody|test|development||5,000|
|YMCA Norfolk|||||||50,000|
|||||||55,000|244,252|
|Other grants to institutions||(under 55,000)||||258,943|163,310|
|||||||313,943|407,562|
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|||Grant|||
|---|---|---|---|---|
|||funding
of|Support|Total|
|||activities|costs|funds|
|||2020f|2020f|2020|
|Grants payable||407,562|39,082|446,644|
|Analysis|ofsupport costs||||
|||Grants|Total|
|---|---|---|---|
|||payable|funds|
|||2021|2021|
||||5|
|Management|fees|29,324|29,324|
|Audit &accountancy||7,500|7,500|
|||36,824|36,824|
|||Grants|Total|
|---|---|---|---|
|||payable|funds|
|||2020f|2020f|
|Management|fees|30,078|30,078|
|Audit &accountancy||8,904|8,904|
|Professional|fees|100|100|
|||39,082|39,082|
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||||||2021|2020f|
|---|---|---|---|---|---|---|
|Fees payable|to the Charity's|auditor for the audit ofthe Charity's||annual|||
|accounts|||||7,500|6,000|
|Fees payable|to the Charity's|auditor|in respect of:||||
|Prior auditor|fees for prior period audit|||||2,904|
##
|During|the|year,|no Trustees received any remuneration|or other benefits (2020 - ANIL).|
|---|---|---|---|---|
|During|the|year|ended 5 April 2021, no Trustee expenses|have been incurred
(2020 - fNIL).|
##
||Listed|
|---|---|
||investments|
||6|
|Valuation||
|At 6 April 2020|11,808,226|
|Additions|1,615,406|
|Disposals|(1,597,719)|
|Revaluations|2,193,644|
|Cash held at brokers|234,043|
|At 5 April 2021|14,253,600|
|Valuation||
|At 5 April 2021|14,253,600|
|At 5April 2020|11,808,226|
##
|The porffolio was invested as follows:|||
|---|---|---|
||2021|2020|
||0/|0/|
|Gilts|7|7|
|Bonds|2|2|
|Unit trusts|37|32|
|Equities|52|56|
|Cash|2|3|
||100|100|
##
|||2021f|2020f|
|---|---|---|---|
|Due within|one year|||
|Prepayments|and accrued income|63,901|52,795|
|||63,901|52,795|
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|Creditor|s: Amounts|falling due within one year|||
|---|---|---|---|---|
||||2021|2020f|
|Other creditors|||3,000|22,000|
|Accruals|and deferred|income|10,861|23,876|
|Pledged|donations|||90,000|
||||13,861|135,876|
##
|2021f|2020f|
|---|---|
||50,000|
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||||Balance at 6|||Gains/|Balance at 5|
|---|---|---|---|---|---|---|---|
||||April 2020|Income
f|Expenditure
f|(Losses)
f|April 2021
f|
|General|funds||10,000|346,318|(350,767)||5,551|
|Endowment||funds|12,142,381||(12,800)|2,193,644|14,323,225|
||||12,152,381|346,318|(363,567)|2,193,644|14,328,776|
|Summary
offun|ds
- prior year||||||
|---|---|---|---|---|---|---|
||Balance at|||Transfers|Gains'|Balance at|
||1 April 2019f|Income
f|Expenditure
f|in/out
f|(Losses)
f|5April 2020
f|
|General funds|(445,230)|446,651|(446,644)|455,223||10,000|
|Endowment|||||||
|funds|14,295,623||(14,590)|(455,223)|(1,683,429)|12,142,381|
||13,850,393|446,651|(461,234)||(1,683,429)|12,152,381|
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|Analysis
Analysis|of net assets between
of net assets between|funds
funds|- current year||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Endowment|Total|
|||||funds|funds|funds|
|||||2021
f|2021
F|2021
F|
|Fixed asset investments|||||14,253,600|14,253,600|
|Current assets||||19,412|69,625|89,037|
|Creditors|due within one year|||(13,861)||(13,861)|
|Total||||5,551|14,323,225|14,328,776|
|Analysis|of net assets between|funds|- prior year||||
|||||Unrestricted|Endowment|Total|
|||||funds|funds|funds|
|||||2020
6|2020
f|2020
F|
|Fixed asset investments|||||12,118,771|12,118,771|
|Current|assets|||195,876|23,610|219,486|
|Creditors|due within one year|||(135,876)||(135,876)|
|Creditors|due in more than one year|||(50,000)||(50,000)|
|||||10,000|12,142,381|12,152,381|
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