TKE HIGGS CHARITABLETRUST
FINANCIAL STATEMENT

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|FOR THE YEAR ENDED 11|TH|DECEMBER 202|1|||
|---|---|---|---|---|---|
|||||2021|2020|
|||||Unrestricted|Unrestricted|
||||Notes|||
|Incoming Resources||||||
|Investment<br>income||||35,284|31,204|
|Resources Expended||||||
|Costs ofgenerating<br>funds|||3|6,924|6,563|
|Charitable<br>expenditure||||||
|Grants payable||||21,000|30,100|
|Governance<br>costs||||930|6,456|
|Total Resources Expended||||28,854|43,119|
|Net incoming/(Outgoing)|Resources|||6,430|(11,915)|
|Gains/(Losses)<br>on investment||assets;||||
|Realised|||6|(2,540)|(3,586)|
|Unrealised|||6|157,985|28,986|
|||||155,445|25,400|
|Net Movement<br>in Funds||||161,875|13,485|
|Fund balances brought forward||||1,279,076|1,265,591|
|Fund balances carried forward||||1,440,951|1,279,076|





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|2|Investment|Investment|income|income|||||
|---|---|---|---|---|---|---|---|---|
||||||||2D21|2020|
||||||||6|6|
|||Investments||listed on a|recognised|stock exchange|35,284|31,204|
||||||||35,284|31,204|
||||||||2021|2020|
||||||||6|E|
|||Investment||management|fees||6,924|6,563|
||||||||2021|2020|
||||||||6|E|
|||Grants|||||21,000|30,100|
|5|~Su|ort Costs|||||||
||||||||2021|202D|
||||||||E|6|
|||Solicitors fees and expenses||||||4,882|
|||Independent||Examiners|fees and|accountancy|930|930|
|||Trustees|travel expenses|||||644|
||||||||930|6,456|





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|6|Investments||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||5|E|
||Listed UK Investments||||||
||Balance brought forward||||1,246,039|1,226,514|
||Additions||||103,337|118,753|
||Disposals||||(113,085)|(124,628)|
||||||1,236,291|1,220,639|
||Realised gain/(loss)|on sale|ofinvestments||(2,540)|(3,586)|
||Unrealised<br>gain/(loss)<br>on mvestments||||157,985|28,986|
||Balance carried forward||||1,391,736|1,246,039|
||Cash held for remvestment||||2,845|21|
||Total||||1,394,581|1,246,060|
||The Trust held the|following|investments|which represented|more than 5H ofthe total value of||
||investments<br>as at|the year|end date.||||



||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||E|6|
||Findlay Park Funds Pic American||||USD Dis||||81,930|64,637|
||IPMorgan Asset|Management||UK Ltd Emerging|||Markets|C Net Acc||66,450|
|7|Debtors||||||||||
||||||||||2021|2020|
||||||||||5|5|
||Other debtors||||||||1,016|585|
|8|Creditors:Amounts|fagin|due|wit~hie one||ear|||||
||||||||||2021|2020|
|||||||||||E|
||Other creditors||||||||2,460|4,993|
||||||||||2,460|4,993|
|9|Unrestricted<br>funds||||||||||
||||||||||2021|2020|
||||||||||E|5|
||Balance brought|forward|||||||1,279,D76|1,265,591|
||Surplus for the year||||||||161,875|13,485|
||Balance cerned|forward|||||||1,44D,951|1,279,076|