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2021-07-31-accounts

Page
Trustees'
report
1-2
Statement
ofTrustees'
responsibilities
Independent
examiner's
report
Statement offinancial activities
Balance sheet
Notes to the financial statements 7-12

Unrestricted Endowment Tots)Unrestricted Tots)Unrestricted Endowment Total
funds funds funds funds
Notes 2021
8
2021
8
2021
6
2020 2020
6
2020f
n
me
nd endowm
n fr
Donations
and
legacies 3 156 156 32 32
Investments 4 45,259 45,259 42,065 42,065
Other income 5 16,000 16,000 16,000 16,000
Total income 61,415 61,415 58,097 58,097
Exxt~i~
Cbgtitgblgggtiyitiga
Direct costs
61,357 1,200 62,557 30,031 1,200 31,231
Support costs
1,800 1,800 1,800 1,800
Total charitable expenditure 63,157 1,200 64,357 31,831 1,200 33,031
Net gains/(losses) on
investments 9 158.744 158,744 26,059 26,059
Net incoming/(outgoing)
resources before transfers 157,002 (1,200) 155,802 52,325 (1,200) 51,125
Gross transfers
between
funds
(1,200) 1,200 (1,200) 1,200
Net movement in funds 155,802 155,802 51,125 51,125
Fund balances at 1 August
2020 1,394,885 20,000 1,414,885 1,343,760 20,000 1,363,760
Fund balances at 31July
2021 1,550,687 20,000 1,570,687 1,394,885 20,000 1,414,885

2021 2020
Notes 6 E
Fixed assets
Investments 10 1,569,688 1,410,944
Current assets
Debtors 6,164 164
Cash at bank and in hand 20,231 39,173
26,395 39,337
Creditors: amounts falling due within
one year 12 (25,396) (35,396)
Net current assets 999 3,941
Total assets less current liabilities 1,570,687 1,414,885
Capitaltunds
Endowment
funds -
general 13 20,000 20,000
Income funds
iLnnealggigtUIInds
Designated
funds
14 324,493 324,493
General
unrestricted
funds 1,226,194 1,070,392
1,550,687 1,394,885
1,570,687 1,414,885

Unrestricted Unrestricted
funds funds
2021f 2020f
Donations and gifts 31 32
Legacies receivable 125
156 32

4 Investments
2021 2020
Dividends - UK equities 45,259 42,065
5 Other income
2021 2020
Contribution
from General Fund
6,000 6,000
Loan write down 10,000 10,000
16,000 16,000

Direct costs Support Total Total
costs 2021 2020
Bursaries (Endowment) 1,200 1,200 1,200
Bursaries 61,357 61,357 30,031
62,557 62,557 31,231
Accountancy and legal fees 1,800 1,800 1,800
62,557 1,800 64,357 33,031

Unrestricted Total
funds
2021
8
2020f
158,744 26,059
Fixed asset investments
Listed
investments
Cost or valuation
At 1 August 2020 1,410,944
Valuation
changes
158,744
At31 July2021 1,569,688
Carrying
amount
At 31 July 2021 1,569,688
At 31 July 2020 1,410,944
Debtors
2021 2020
Amounts falling due within one year: 6 6
Other debtors 6,164 164

12 Creditors: amounts falling due within one year
2021 2020
8
Other creditors 23,596 33,596
Accruals and deferred income 1,800 1,800
25,396 35,396

Movement in funds
Balance at 1 Incoming Resources Balance at 31
August resources expended July 2021
2020f
20,000 1,200 (1,200) 20,000
20,000 1,200 (1,200) 20,000

Movement Movement
in funds in funds
Balance at Incoming Balance at incoming Balance at
1 August 2010 resources 1 August 2020 resources 01 July 2021
6 5 6 6
David Ellis Fund 324,493 324,493 324,493
324,493 324,493 324,493