| Page | |||
|---|---|---|---|
| Trustees' | annual report |
||
| Independent examiner's report tcthe trustees |
|||
| Statement | of financial | activities | |
| Statement | of financial | position | |
| Notes to the financial | statements |
| Reference and administrative | Reference and administrative | Reference and administrative | delsffs | |||
|---|---|---|---|---|---|---|
| Registered charity | name | Charles Newman |
Memorial | Fund | ||
| Charity registration | number | 270824 | ||||
| Principal office | C/o Kent House | |||||
| 14-17Market Place | ||||||
| London | ||||||
| Wtw 6AJ | ||||||
| The trustees | ||||||
| J Morgan | ||||||
| DOaks rvee | ||||||
| P Bouverat | ||||||
| R Owen | ||||||
| SFox | ||||||
| Independent | examiner | N Ruddick | FCASW Frankson 8 Co | |||
| 364 High Street | ||||||
| Harlington | ||||||
| Hayes | ||||||
| Middlesex | ||||||
| US3 5LF |
| Year ended 5April 2 | 021 | |||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Restricted | ||||||
| funds | Total funds | Total funds | ||||
| Note | 2 | 2 | ||||
| Income and endowments | ||||||
| investment income |
4 | 26,542 | 26,542 | 28,256 | ||
| Totat Income | 26,542 | 26,542 | 28.256 | |||
| Expenditure | ||||||
| Expenditure on raising funds; |
||||||
| Investment management costs Expenditure cn charitable activities |
5 6 |
(3,683) (27,8'I 7) |
(3,583) (27,817) |
(10,231) (127,893) |
||
| Total expenditure | (31,400) | (31,400) | (138,124) | |||
| Net gains/(losses) on inveslmenls |
7 | 196,731 | 196,731 | (92,523) | ||
| Net income/(expenditure) | and net movement | In funds | 191,873 | 191,873 | (202,391) | |
| Reconcalatlon offunds |
||||||
| Total funds brought forward |
926.304 | 926,304 | 1,128,695 | |||
| Total funds carried forward | 1,118,177 | 1,118,177 | 926,304 |
| 5Aprii 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||
| Note | 2 | 2 | ||||||
| Fixed assets | ||||||||
| Investmsnts | 1,127,408 | 1.059,414 | ||||||
| Current assets | ||||||||
| Cash at bank and | in hand | 44W3 | 28,692 | |||||
| CredltorS: amounts | telling | due | ||||||
| within one year | 12 | 53,694 | 161,802 | |||||
| Net current lfabilltles |
9,231 | 133,110 | ||||||
| Tote!assets less | current | liabilities | 1,'l18,177 | 926,304 | ||||
| Net assets | 1,'1 18,177 | 926,304 | ||||||
| Funds ofthe chsdty | ||||||||
| Restricted funds |
1,118,177 | 928,304 | ||||||
| Total charity funds | 13 | 1,118&177 | 926,304 |
| Inveetment income |
||||||
|---|---|---|---|---|---|---|
| Restricted | Total Funds | Restricted | Total Funds | |||
| Funds f |
2021 f |
Funds f |
2D2D f |
|||
| Income from listed investments | 24,962 | 24,962 | 25,408 | 25,408 | ||
| Income from cash held | in a UK | |||||
| investmenl portfolio |
1,573 | 1,573 | 2,795 | 2,795 | ||
| Bank interest receivable | 7 | 7 | 53 | 53 | ||
| 26,542 | 26,542 | 28,256 | 28,256 | |||
| Investment management |
costs | |||||
| Restncted | Total Funds | Restncted | Total Funds | |||
| Funds f |
2021 | Funds f |
202D | |||
| Portfolio management | 3,099 | 3,099 | 9.748 | 9,748 | ||
| Bank charges | 484 | 484 | 483 | 483 | ||
| 3,583 | 3,583 | 10,231 | 10,231 |
| Expenditure | on ch | arita | ble | acti | vities by f | und type | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted | Total Funds | Restricted | Total | Funds | |||||||
| Funds | 2D21 | Funds | 2020 | ||||||||
| 2 | |||||||||||
| Lighthouse | Construction | Industry | |||||||||
| Charity Support costs |
25,000 2,817 |
25,DOO 2,817 |
125,000 2,893 |
'125,DOD 2,893 |
|||||||
| 27,817 | 27,817 | 127,893 | 127,893 | ||||||||
| Net gains/(losses) | on Investments | ||||||||||
| Restricted | Total Funds | Restricted | Total | Funds | |||||||
| Funds | 2021 | Funds | 2020 | ||||||||
| 2 | 2 | ||||||||||
| Revaluation | gains/(losses) | on listed | |||||||||
| inveslmene | 225,922 | 225,922 | (75,707) | (75,707) | |||||||
| Disposal gains/(losses) investments |
on | listed | (29,191) | (29,191) | (16,816) | (16,816) | |||||
| 196,731 | 196,731 | (92,523) | (92,523) | ||||||||
| Independent | examination | fees | |||||||||
| 2021 | 2020 | ||||||||||
| 8 | |||||||||||
| Fees payable Independent |
to the independent examination of the |
examiner for: financial statements |
1 752 | 1 752 |
| Cash or cash | Listed | |||
|---|---|---|---|---|
| equivalents | investments | Total | ||
| 2 | ||||
| Cost or valuation | ||||
| At 6 April | 2020 | 35,090 | 1,024,324 | 1,059,414 |
| Additions | 67,558 | 67,558 | ||
| Disposals | (18,852) | (206,634) | (225,466) | |
| Other movements | 225,922 | 225,922 | ||
| At 5 April | 2021 | 16,238 | 1,111,170 | 1&127,408 |
| Impairment | ||||
| At 6April | 2020 and 5April 2021 | |||
| Carrying | amount | |||
| At 5 April | 2021 | 16,238 | 1,111,170 | 1,127,408 |
| At 5 April | 2020 | 35,090 | 1,024,324 | 1,059,414 |
| At | Gains and | At | |||||
|---|---|---|---|---|---|---|---|
| 6 | April 2020 | Income | Expenditure | losses | 5April2021 | ||
| 2 | |||||||
| General | funds | 926,304 | 26,542 | (31,400) | 196,731 | 1,118,1TT | |
| Al | Gams and | At | |||||
| 6 | April 2019 | Income 2 |
Expenditure | losses 8 |
5April 2020 | ||
| General | funds | 1,128,695 | 28,256 | (138,124) | (92,523) | 926,304 |