2021-04-05-accounts - The Four Lanes Trust

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		Page
Report ofthe Trustees		3-7
Independent Examiner's	Report
Statement of Financial	Activities
Salance Sheet		10
Notes to the Financial Statements		11-17

			Unrestricted	Endowment	Total	Total
			Funds	fund	2021	2020
Income			s
Investment income (Note 2)			28,667		28,667	43,006
Donation						60,000
Realised investment gains				18,353	18,353	58,933
Total			28,667	18,353	47,020	161,939
Expenditure
Charitable Activities I Note 3)			(47,041)		(47,041)	(42,764)
Investment management		fees		(12,937)	(12,937)	(12,871)
Total			(47,041)	(12,937)	(59,978)	(55,635)
Net income/(expenditure)			(18,374)	5,416	(12,958)	106,304
Other recognised	gains	and losses
(note 9)
Increase/(Decrease)	in value ofinvestments			185,996	185,996	(89,576)
Net movement in	funds		(18&374)	191,412	173,038	16,728
Reconciliation offunds
Balances brought	forward		20,117	1,395,302	1,415,419	1,398,691
Balances carried	forward		1,743	1,586,714	1,588,457	1,415,419

t 5April 20	21
		Notes	2021		2020
Fixed Assets
Investments	at market value	10		1,529,004		1,337,591
Current Assets
Debtors- investment income receivable			7,997		10,541
Cash atbank		11	77,748		79,866
			85,745		90,407
Current liabilities
Creditors due with one year		13	(26492)		(12,579)
Net current	assets			59,453		77,828
Net assets				1,588,457		1,415,419
Funds
Um'estricted	income fund	14		1,743		20,117
Endowment	(Capital) fund	14		1,586,714		1,395,302
				1,588,457		1,415,419

2	Investment income
				2021	2020
	Quoted investments
	Interest and dividends			28,562	42,793
	Other investment income
	Bank deposit interest			105	213
				28,667	43,006
3	Resources expended	on charitable	activities
				2021	2020
	Grants payable			36,778	34,823
	Support costs related to grant making:
	Staffcosts (note 6) Postage, stationery	and printing		7,047 280	6,070 212
	ITcosts			800
	Telephone and internet			736	421
	Examination and accountancy			1,000	1,000
	Bank charges			190
	Sundry			210	238
				47,041	42,764
4	Grants payable
				2021	2020
	Grants written back			(2,4951	(1,649)
	Grants approved in	year (note 5)		39,273	36,472
				36,778	34,823

Notes	to the financial statements-	to the financial statements-	to the financial statements-	continued
5	Grants approved in year
					2021	2020
	Grants for education
	Little Apples ofBramley				746
	Cranbourne School				2,400
	KIDS Basingstoke				1,400
	StMark's Primary School				989
	Costello Technology College				1,170
	Tadley Primary School					1,500
	Fairfields Primary School					1,500
	Life Education Wessex					630
	Rucstall Primary School					1,500
	The Lighthouse Learning		Hub			1,056
	Brighton Hill Community		College			1,000
	Kingsclere Village Bunnies and			Toddlers		799
					6,705	7,985
	Grants for the arts
	Fluid Motion Theatre				1,470
	Top ofthe Town Studios		and Galleries		1,400
	Pied Piper Theatre Company				300
	Destination Basingstoke				2,400
	Top ofthe Town Studios Kala the Arts					650 500
	Basingstoke ACF Corps	ofDrums				622
	Pied Piper Theatre Company					300
	Head to Head Theatre					525
	Scratch Built Productions					702
	The Grange Community	Opera				2,000
	New Projects Association					935
	Market Chambers Cultural		Hub			1,000
	Ooh Mama Ladies Choir					1,200
					5,570	8,434
	Grants for social and community			action
	Overton Tennis Club				750
	Julian House				400
	Basingstoke &District Young Carers				1,949
	St Mark's Church				1,000
	Telegu				363
	Tadley CAB				1,000
	Money Lifeline Basingstoke				2,000

Notes to the financial	statements-	statements-	statements-	statements-	conti	conti	nued	2021	2020
Grants for social and community				action		continued		g
MHA 'Live at home scheme'								1,700
The Warren Youth Club								500
Spotlight UK								1,000
Tadley Community Centre								400
Kingsclere Village Club								837
Basingstoke &District	Young Carers							1,750
Oakley Stitchers								400
Red Cross Basingstoke								2,000
Basingstoke Counselling		Service						1,200
Heath End Village Hall								500
Brighton Hill Football Club								2,500
Overton Cricket Club								750
Read Easy								1,000
Bessom								5,000
BVA									500
Bishops Green Village	Hall								700
Kingsclere Community		Association							750
Basingstoke and Deane		Voluntary			Sports		Council		879
The Irish Centre									1.000
Challengers									500
Wessex Heritage Trust									820
Sycamore Halls Community			Association						500
Seeability									500
You Trust (Basingstoke		Time Bank							1,000
8a Basingstoke Scouts									540
The Safe									1,000
Homestart NW Hants									1,000
Samaritans									1,024
Basingstoke Hate Crime		Working		Group					900
YPI Counselling									2,400
The Pink Place									1,100
Sherfield on Loddon Village			Hall						750
Read Easy Basingstoke									900
Herriard Parish Council									500
Asthma Relif									950
Spotlight UK									840
Pamber Heath Scouts									500
Overton Cricket Club									500
								26,999	20,053
Total Grants approved	in year							39273	36472

10	Investments at market value
		2021	2020
	Wavetton Investments portfolio	1,529,004	1,337,591
11	Cash at bank and in hand
		2021	2020
	Cash at bank and on deposit	77,748	79,866
12	Grants outstanding
		2021	2020
	Grants outstanding at start ofyear	11,579	15,002
	New grants offered in year	39,274	36,471
	Less grants not required	(2,495)	(1,648)
	Less grants paid in year	(23,066)	(38,246)
	Grants outstanding at end ofyear	25,292	11,579
13	Creditors: Amounts falling due within one year
		2021	2020
	Grants outstanding	25,292	11,579
	Accountancy and examination fees	1,000	1,000
		26,292	12,579

Analysis ofnet assets between funds	Analysis ofnet assets between funds
		Unrestricted	Endowment	Total
		Income fund	Fund
Investments			1,529,004	1,529,004
Debtors		7,997		7,99'7
Cash		17,748	60,000	77,748
Creditors		(26,292)		(26,292)
Inter-fund	balance	2,290	(2490)
		1,743	1,586,714	1,588,457