| CONTENTS | Page |
| Reference and administrative details |
|
| Trustees' annual report |
|
| Independent Examiner's Report |
|
| Statement offinancial activities | |
| Balance sheet | |
| Notes to the financial statements | 8-12 |
| 31JANUARY 202 | 1 | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Unrestricted | Unrestricted | ||||
| Funds | Funds | ||||
| Note | |||||
| Income and endowments | from: | ||||
| Investments | 83,281 | 115,175 | |||
| Donations | 1,800 | ||||
| Total income and endowments | 85,081 | 115,175 | |||
| Expenditure on: |
|||||
| Raising funds | (14,782) | (9) | |||
| Charitable activities |
(74,800) | (155,920) | |||
| Total expenditure | (89,582) | (155,929) | |||
| Net gains on | |||||
| Investments | 369,006 | 571,929 | |||
| Net income and | |||||
| net movement in funds |
364,505 | 531,175 | |||
| ReconciTiation offunds: |
|||||
| Total funds brought | forward | 10 | 5,518,914 | 4,987,739 | |
| Total funds carried forward | 10 | 5,883,419 | 5,518,914 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| Fixed asset investments | ||||||
| 7 | Quoted | 5,864,102 | 5,505,370 | |||
| Current assets |
||||||
| 8 | Debtors | 19,645 | 8,300 | |||
| Cash at bank | 1,683 | 8,935 | ||||
| 21,328 | 17,235 | |||||
| Creditors: amounts | falling due | |||||
| 9 | within one year |
(2,011) | (3,691) | |||
| Net current assets | 19,317 | 13,544 | ||||
| Total net assets | 5,883,419 | 5,518,914 | ||||
| Charity Funds | ||||||
| 10 | Unrestricted funds |
5,883,419 | 5,518,914 | |||
| Total charity funds | 5,883,419 | 5,518,914 |
| 3 | Income from | investments | 2021 | 2020 | |
|---|---|---|---|---|---|
| Income from | quoted investments | 83,260 | 114,736 | ||
| Bank and other interest | 21 | 693 | |||
| (Loss) / profit on foreign | exchange | (254) | |||
| 83,281 | 115,175 | ||||
| 4 | Expenditure | on raising | funds | 2021 | 2020 |
| Investment management |
costs | 14,782 | 9 | ||
| 5 | Expenditure | on charitable activities |
2021 | 2020 | |
| Independent | examination | fees | 3,000 | 2,640 | |
| Administrative | expenses | 1,800 | 1,680 | ||
| Grants to institutions | 70,000 | 151,600 | |||
| 74,800 | 155,920 |
| 7 | Fixed asset investments | Fixed asset investments | 2021 | 2020 | |
|---|---|---|---|---|---|
| Movement | in fixed asset investments | ||||
| Market value at 1 February 2020 | 5,505,370 | 4,750,879 | |||
| Additions | to investments at cost |
4,960,656 | 1,524,543 | ||
| Disposals | at carrying value |
(5,151,195) | (1,268,560) | ||
| Unrealised | gains on investments | 549,271 | 498,508 | ||
| Market value at 31January 2021 | 5,864,102 | 5,505,370 | |||
| All fixed asset investments are listed. |
|||||
| Net gains | on investments are made up of: |
||||
| Realised (losses) I gains on disposals ofinvestments | (180,265) | 73,421 | |||
| Unrealised | gains on investments | 549,271 | 498,508 | ||
| 369,006 | 571,929 | ||||
| 8 | Debtors | 2021 | 2020 | ||
| Investment | capital held by stockbrokers | at the year end | 19,645 | 8,300 | |
| 9 | Creditors | 2021 | 2020 | ||
| Accruals | 2,011 | 3,691 |
| Balance at | |||||
|---|---|---|---|---|---|
| I | Balance at | ||||
| February | Gains on | 31January | |||
| 2020 | Income | Expenditure | investments | 2021 | |
| Unrestricted | |||||
| funds | 5,518,914 | 85,081 | (89,582) | 369,006 | 5,883,4i9 |