| STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 | STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 | STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 | STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 | SEPTEMBER | 2021 | ||
|---|---|---|---|---|---|---|---|
| TotalFunds | Total Funds | ||||||
| Note | 2021 | 2020 | |||||
| INCOME | |||||||
| Incoming resources from generating | funds: | ||||||
| Investment income |
248,198 | 243,468 | |||||
| TOTAL INCOME | 248,198 | 243,468 | |||||
| EXPENDITURE | |||||||
| Costs ofcharitable activities |
-251,328 | -235,353 | |||||
| TOTAL EXPENDITURE | -251,328 | -235,353 | |||||
| NET (OUTGOINGI/INCOMING | RESOURCES | ||||||
| BEFORERECOGNISED GAINS | AND | LOSSES | -3,130 | 8,115 | |||
| RECOGNISED GAINS AND LOSSES | |||||||
| Unrealised Gains on investment |
assets | 1,051,410 | 282,986 | ||||
| NET MOVEMENT IN FUNDS | 1,048,280 | 291,101 | |||||
| RECONCILIATION OF FUNDS |
|||||||
| Total funds brought forward | 8,234,454 | 7,943,353 | |||||
| TOTAL FUNDS CARRIED FORWARD | E | 9,282,734 | E | 8,234,454 |
| BALANCE SHEET AT30SEPTEMBER 2021 | BALANCE SHEET AT30SEPTEMBER 2021 | |||||
|---|---|---|---|---|---|---|
| Note | 2020 | 2019 | ||||
| E | E | |||||
| FIXEDASSETS | ||||||
| INVESTMENTS AT MARKET | VALUE | 160 99 | ||||
| CURRENTASSETS | ||||||
| CASH | ||||||
| CCIA Deposit Account | 63,414 | 65,716 | ||||
| Lloyds Bank Current Account | ~10331 | ~11187 | ||||
| ~73745 | ~76903 | |||||
| TOTAL CURRENT ASSETS | 73,745 | 76,903 | ||||
| DEDUCT: CURRENT LIABILITIES | ||||||
| ACCRUED CHARGES | ||||||
| Professional fees &Room |
Hire | -2 520 | ~2548 | |||
| -2520 | -2548 | |||||
| NET CURRENT ASSETS | ~71225 | ~74355 | ||||
| NET ASSETS | E | 9,282,734 | E | 8,234,454 | ||
| Representing: | ||||||
| THE FUNDS OF THE CHARITABLE TRUST | ||||||
| UNRESTRICTED GENERAL FUNDS | ||||||
| INCLUDING REVALUATION |
RESERVE | 9,282,734 | 8,234,454 |
| 2 | INVESTMENTS | Market | Value | Market | Value | ||
|---|---|---|---|---|---|---|---|
| 30.09.21 | 30.09.20 | ||||||
| Analysis ofinvestments | 0/o | 6 | E | ||||
| Units in COIF Charities |
Investment | Fund | 100 | 9,211,509 | DD | 8, ,099 |
|
| Market Value brought | forward | 8,160,099 | 7,877,113 | ||||
| Gain in year | 1,051,410 | 282,986 | |||||
| Market Value carried forward | ,»,DD | 8,180,09 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| sfi | |||||
| Overseas Equities |
66.1 | 62.4 | |||
| UK Equities | 10.6 | 10.1 | |||
| Property/Other | Assets | 17.2 | 17.4 | ||
| Fixed Interest | 0.5 | ||||
| Cash | 6.1 | 9.6 | |||
| DD.D | .D |
| Cumulatrve | ||||||
|---|---|---|---|---|---|---|
| Unrealised | ||||||
| Movement ofinvestments | BookValue | Market Value | Profit | |||
| f | f | f | ||||
| Investments | at 30September 2020 | 5,869,510 | 8,160,099 | 2,290,589 | ||
| Investments | at 30September 2021 | 5,869,510 | 9,211,509 | 3,341,999 | ||
| 3 | INVESTMENT | INCOME | 2021 | 2020 | ||
| f | f | |||||
| Distributions | from COIF Investment | Fund | 248,194 | 243,311 | ||
| Deposit interest and other income | 4 288,188 |
157 2, 8 |
| NOTES TO THE ACCOUNTS FOR | NOTES TO THE ACCOUNTS FOR | THE YEAR ENDED 30SEPTEMBER2021 | THE YEAR ENDED 30SEPTEMBER2021 | THE YEAR ENDED 30SEPTEMBER2021 | THE YEAR ENDED 30SEPTEMBER2021 | ||
|---|---|---|---|---|---|---|---|
| 5 CHARITABLE | ACTIVITIES | 2021 | 2020 | ||||
| f | |||||||
| Grants made | 229,550 | 213,500 | |||||
| Governance | costs: | ||||||
| Independent | examination | and accountancy fees | 2,520 | 2,520 | |||
| Correspondent's fees |
19,008 | 19,008 | |||||
| Sundry expenses | 250 251.5 |
325 235,353 |
|||||
| 1.The grants | made during | the year | amounted | tof229,550 | |||
| 2.Materialgrants made during the year: |
|||||||
| Greggs Foundation f5,000 | per | quarter (f20,000 in total) | |||||
| Funding Information |
North | East f4,000(4 Payments off1,000) |
| 3.Summary | ofgrants | made during the year: | ||
|---|---|---|---|---|
| No. | Total value | |||
| f | ||||
| Social Welfare | 59 | 71,500 | ||
| Youth charities | 45 | 52,500 | ||
| Disabled/Elderly | 44 | 44,050 | ||
| Education/Arts | 23 | 22,500 | ||
| Greggs | Foundation | 4 | 20,000 | |
| BAME | 4 | 5,000 | ||
| Women's charities | 6,500 | |||
| Environment | 7 | 7,500 | ||
| 193 | 229,550 | |||
| 4.Value of | individual | grants made during the year: | ||
| No. | Total value | |||
| f | ||||
| f5,000 | 4 | 20,000 | ||
| f2,500 | 1 | 2,500 | ||
| f2,000 | 31 | 62,000 | ||
| f1,500 | 5 | 7,500 | ||
| f1,200 | 1 | 1,200 | ||
| f1,000 | 122 | 122,000 | ||
| f800 | 1 | 800 | ||
| f500 | 27 | 13,500 | ||
| f50 | 1 | 50 | ||
| 5,555 |
| 6 | NET OUTGOING RESOURCES FOR |
THE PERIOD | THE PERIOD | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|---|---|---|
| This is stated after charging: | |||||||||
| Independent Examiner's fee |
|||||||||
| 7 | KEY MANAGEMENT PERSONNEL AND TRUSTEE REMUNERATION |
AND EXPENSES | |||||||
| The key management personnelof |
the charity comprises | solely of the trustees. Afee of61,584 per month |
was paid | ||||||
| to Pauline Dodgson, one ofthe trustees, |
in recognition | of her work as correspondent tothe trust. At 30September |
|||||||
| 2021. No sum was owing in respect of this work |
(2020: Enil). No | expenses were paid to any ofthe trustees | during | ||||||
| the year. The charity did not have | any employees | during | the | year. | |||||
| 8 | CREDITORS: amounts falling due within |
one year | 2021 | 2020 | |||||
| E | 6 | ||||||||
| Accruals and deferred income |
|||||||||
| 9 | ANALYSIS OF CHARITABLE FUNDS | ||||||||
| 2021 | 2020 | ||||||||
| GeneralFunds | E | 6 | |||||||
| As at 1October 2020 | 8,234,454 | 7,943,353 | |||||||
| Income | 248,198 | 243,468 | |||||||
| Expenditure | -251,328 | -235,353 | |||||||
| Recognised gains | 1,051,410 | 282,986 | |||||||
| As at 30September | 2021 | 9,282,734 | 8,234,454 | ||||||
| 10 | ANALYSIS OF NET ASSETSBETWEEN FUNDS | Net current | |||||||
| assets / | |||||||||
| Investments | (liabilities) | Total | |||||||
| 6 | 6 | f | |||||||
| Unrestricted general funds |
|||||||||
| 11 | RELATED PARTY TRANSACTIONS |
| THE HADRIAN TRUST | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| NOT PART OF ACCOUNTS | SET | ||||||||
| CAPITAL ACCOUNT FOR THE YEAR ENDED | 30SEPTEMBER | 2020 | |||||||
| 2021 | 2020 | ||||||||
| E | E | ||||||||
| Balance at 30September 2020 | 8,234,454 | 7,943,353 | |||||||
| Increase in cumulative | unrea lised profit | on investments | 1,051,410 | 282,986 | |||||
| Transfer (from) to income account | -3,130 | 8,115 | |||||||
| BALANCE AT30SEPTEMBER2021 | 9 | 9.». | 6 | 8,234,454 | |||||
| MOVEMENT OF INVESTMENTS -SUMMARY | Cumulative | ||||||||
| Market | Unrealised | ||||||||
| Cost | Value | Profit (Loss) | |||||||
| E | |||||||||
| Investments at30September 2020 |
6 | 5,869,510 | 8,160,099 | 2,290,589 | |||||
| Investments at 30September 2021 |
6 | 5,869,510 | 9,211,509 | 3,341,999 | |||||
| INCOME | |||||||||
| 2021 | 2020 | ||||||||
| E | |||||||||
| Dividends and interest |
on investments | (gross) | 248,198 | 243,468 | |||||
| 248,198 | 243,468 | ||||||||
| OUTGOINGS | |||||||||
| Correspondent's fees |
19,008 | 19,008 | |||||||
| Association of Charitable Foundations |
subscription | ||||||||
| Professional charges Other Expenses |
2,520 250 |
2,520 32529, |
| THE HADRIAN TRUST | NOT PART OF ACCOUNTS | SET | |||
|---|---|---|---|---|---|
| INCOME ACCOUNT FOR THE YEAR ENDED 30SEPTEMBER2021 | |||||
| 2021 | 2020 | ||||
| E | 6 | ||||
| NET INCOME FOR THE YEAR | 226,420 | 221,615 | |||
| Add: Prior year adjustments: | |||||
| Returned grants |
|||||
| INCOME AVAILABLE FOR DISTRIBUTION | 226,420 | 221,615 | |||
| GRANTS TO CHARITIES | -229,550 | -213,500 | |||
| EXCESSOF AVAILABLE INCOME OVER GRANTS | |||||
| COVERED BYTRANSFER (FROM)/TO | CAPITAL ACCOUNT | F | -3,130 | E | 8,115 |