| Report ofthe Trustees | 1 | to | 3 | |
|---|---|---|---|---|
| Independent Examiner's Report |
||||
| Statement ofFinancial | Activities | |||
| Balance Sheet | ||||
| Notes to the Financial | Statements | 7 | to | 13 |
| Detailed Statement of | Financial Activities | 14 |
| The total grants awarded | during this financial year can be summarised as follows:- |
during this financial year can be summarised as follows:- |
during this financial year can be summarised as follows:- |
during this financial year can be summarised as follows:- |
during this financial year can be summarised as follows:- |
|
|---|---|---|---|---|---|---|
| Institutions | Individuals | |||||
| Education in the Wendover | Conununity | 628,004 | 617,319 | |||
| Medical dc elderly welfare | in the Wendover | Community | 614,409 | 67,755 | ||
| Other areas that benefit | the | Wendover | Community | 655,506 | 63,356 | |
| 697,919 | 628,430 |
| 30.11.20 | 30.11.19 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Total | ||||
| fund | fund | funds | funds | ||||
| Notes | g | ||||||
| INCOME AND ENDOWMENTS FROM | |||||||
| Investment income |
2 | 192,110 | 192,110 | 228,349 | |||
| EXPENDITURE | ON | ||||||
| Raising funds | 3 | 48,314 | 2,772 | 51,086 | 79,460 | ||
| Charitable activities |
|||||||
| Education | 50,524 | 50,524 | 32,276 | ||||
| Medical dt Elderly | Welfare | 23,465 | 23,465 | 32,342 | |||
| Other areas ofbenefit | 62,546 | 62,546 | 52,457 | ||||
| Total | 184,849 | 2,772 | 187,621 | 196,535 | |||
| Net gains/(losses) | on investments | (16,40$) | (16,408) | 31,020 | |||
| NET INCOM E/(EXPENDITURE) | 7,261 | (19,1$0) | (11,919) | 62,834 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought forward | 147,553 | 4,110,006 | 4,257,559 | 4,194,725 | |||
| TOTAL FUNDS | CARRIED FORWARD | 154,814 | 4,090,826 | 4,245,640 | 4,257,559 |
| Balance Sheet 30November 2020 |
|||||
|---|---|---|---|---|---|
| 30.11.20 | 30.11.19 | ||||
| Unrestricted | Endowment | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | 6 | ||||
| FIXEDASSETS | |||||
| Investments | |||||
| Investments | 9 | 362,564 | 362,564 | 373,048 | |
| investment property |
10 | 21,248 | 3,721,294 | 3,742,542 | 3,742,542 |
| 21,248 | 4,083,858 | 4,105,106 | 4,115,590 | ||
| CURRENT ASSETS | |||||
| Debtors | 30,656 | 30,656 | 21,149 | ||
| Cash at bank | 140,494 | 6,968 | 147,462 | 141,159 | |
| 171,150 | 6,968 | 178,118 | 162,308 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
12 | (27,584) | (27,584) | (20,339) | |
| NKT CURRENT ASSETS | 143,566 | 6,968 | 150,534 | 141,969 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 164,814 | 4,090,826 | 4,255,640 | 4,257,559 | |
| CREDITORS | |||||
| Amounts falling due after more than one year |
13 | (10,000) | (10,000) | ||
| NKT ASSETS | 154,814 | 4,090,826 | 4,245,640 | 4,257,559 | |
| FUNDS | 14 | ||||
| Unrestricted ftmds |
154,814 | 147,553 | |||
| Endowment funds |
4,090,826 | 4,110,006 | |||
| TOTAL FUNDS | 4,245,640 | 4,257,559 |
| INVESTMENT INCOM | E | |||
|---|---|---|---|---|
| 30.11.20 | 30.11.19 | |||
| Rents received | 183,048 | 217,797 | ||
| Dividends | 9,035 | 10,465 | ||
| Deposit account interest | 27 | 87 | ||
| 192,110 | 228,349 | |||
| RAISING FUNDS | ||||
| Investment managemeat |
costs | |||
| 30.11.20 | 30.11.19 | |||
| Portfolio management | 2,772 | 2,684 | ||
| Rent collection | 23,575 | 25,452 | ||
| Property repairs | 12,416 | 3$,724 | ||
| Insurance | 7,525 | 6,834 | ||
| Survey k Professional Fees | 2,243 | |||
| Bad Debts | 3,600 | (1,524) | ||
| Other | 1,198 | 5,047 | ||
| 51,0$6 | 79,460 | |||
| CIIARITABLE ACIIVITIES COSTS | ||||
| Grant | ||||
| funding of | ||||
| activifies | Support | |||
| (see note | costs (see | |||
| 5) | note 6) | Totals | ||
| Education | 45,323 | 5,201 | 50,524 | |
| Medical &Elderly Welfare | 22,164 | 1,301 | 23,465 | |
| Other areas ofbenefit | 58,$62 | 3,684 | 62,546 | |
| 126,349 | 10,186 | 136,535 |
| GRANTS PAYABL | E | |||
|---|---|---|---|---|
| 30.11.20 | 30.11.19 | |||
| g | ||||
| Education | 45,323 | 26,453 | ||
| Medical &Elderly Welfare | 22,164 | 29,915 | ||
| Other areas ofbenefit | 58,862 | 46,634 | ||
| 126,349 | 103,002 | |||
| The total grants paid | to institutions | during the year was as follows: | ||
| 30.11.20 | 30.11.19 | |||
| Education | 6,004 | 19,0$9 | ||
| Medical &Elderly Welfare | 9,409 | 11,235 | ||
| Other areas ofbenefit | 19,506 | 22,767 | ||
| John Colet - Lecture | Theatre | 22,000 | ||
| Florence Nightingale | Hospice | 5,000 | ||
| Wendover Youth Centre |
30,000 | 10,000 | ||
| WRAP - Syrian Family | 6,000 | |||
| 97,919 | 63,091 |
| The total grants paid to individuals during the y |
ear was as follows: | ||
|---|---|---|---|
| 30.11.20 | 30.11.19 | ||
| Education | 17,319 | 7,364 | |
| Medical &Elderly Welfare | 7,755 | 18,6$0 | |
| Other areas ofbenefit | 3,356 | 13,867 | |
| 28,430 | 39,911 | ||
| SUPPORT COSTS | |||
| Human | |||
| resources | Other | Totals | |
| 6 | |||
| Education | 2,942 | 2,259 | 5,201 |
| Medical &Elderly Welfare | 735 | 566 | 1,301 |
| Other areas ofbenefit | 2,083 | 1,601 | 3,684 |
| 5,760 | 4,426 | 10,186 |
| Support costs, included in th | e above, are as foll | ows: | |||
|---|---|---|---|---|---|
| 30.11.20 | 30.11.19 | ||||
| Medical dt | Other | ||||
| Elderly | areas of | Total | Total | ||
| Education | Welfare | benefit | activities | activities | |
| Honoraria - Support | 2,942 | 735 | 2,0$3 | 5,760 | 7453 |
| Honoraria - Governance | 1,470 | 368 | 1,042 | 2,880 | 3,627 |
| Examiners Fee for external | |||||
| Scrutiny | 591 | 148 | 419 | 1,158 | 2,376 |
| Sundry Expenses | 198 | 50 | 140 | 388 | 331 |
| AGM Costs | 486 | ||||
| 5,201 | 1,301 | 3,684 | 10,186 | 14,073 |
| COMPARATIVES F | ORTHE STATEME | NT OFFINANC | IAL ACTIVITIES | ||
|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | |||
| fund | fund | funds | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Investment income |
228,349 | 228,349 | |||
| EXPENDITURE ON | |||||
| Raising funds | 76,776 | 2,684 | 79,460 | ||
| Charitable activities |
|||||
| Education | 32,276 | 32,276 | |||
| Medical dt Elderly Welfare | 32,342 | 32,342 | |||
| Other areas ofbenefit | 52,457 | 52,457 | |||
| Total | 193,$51 | 2,684 | 196,535 | ||
| Net gains on investments | 31,020 | 31,020 | |||
| NET INCOME | 34,498 | 28,336 | 62,834 | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 113,055 | 4,081,670 | 4,194,725 | |
| Pae10 | continued. .. |
| for th | e Year Ended 30November 2020 | e Year Ended 30November 2020 | e Year Ended 30November 2020 | e Year Ended 30November 2020 | |
|---|---|---|---|---|---|
| 8. | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -continued | ||||
| Unrestricted | Endowment | Tend | |||
| fund | fund | funds | |||
| 6 | f. | ||||
| TOTAL FUNDS CARRIED FORWARD | 147,553 | 4,110,006 | 4,257,559 | ||
| 9. | FIXEDASSET | INVESTMENTS | |||
| Listed | |||||
| investxnents | |||||
| MARKET VALUE | |||||
| At I December 2019 | 373,048 | ||||
| Additions | 8,696 | ||||
| Disposals | (2,772) | ||||
| Revaluations | (16,408) | ||||
| At 30November | 2020 | 362,564 | |||
| NET BOOKVALUE | |||||
| At 30November | 2020 | 362,564 | |||
| At 30November | 2019 | 373,048 |
| 2020 | 2019 | ||
|---|---|---|---|
| Listed Investments | 349,095 | 344,571 | |
| Cash held with investment | portfolio | 13,469 | 28,477 |
| 362,564 | 373,048 |
| INVESTMENT | PROPERTY | |
|---|---|---|
| FAIRVALUE | ||
| At I December 2019 | ||
| and 30November | 2020 | 3,742,542 |
| NET BOOKVALUE | ||
| At 30November | 2020 | 3,742,542 |
| At 30November | 2019 | 3,742,542 |
| 11. | DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | AMOUNTS FALLING DUE WITHIN ONE YEAR | AMOUNTS FALLING DUE WITHIN ONE YEAR | AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|---|---|---|
| 30.11.20 | 30.11.19 | ||||||
| Trade debtors | 20,623 | 11,276 | |||||
| Prepayments | and accrued income | 10,033 | 9,873 | ||||
| 30,656 | 21,149 | ||||||
| Other debtors | include KnE due after more then one | year (2019- foil) | |||||
| 12. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||
| 30.11.20 | 30.11.19 | ||||||
| Accruals and | deferred income | 27,584 | 20,339 | ||||
| Defened income arises on rentals | paid in advance. | ||||||
| 13. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE | THAN ONE | YEAR | ||||
| 30.11.20 | 30.11.19 | ||||||
| Accruals and | deferred income | 10,000 | |||||
| 14. | MOVEMENT IN FUNDS | ||||||
| Net | |||||||
| At | movement | At | |||||
| 1.12.19 | in funds | 30.11.20 | |||||
| I | |||||||
| Unrestricted | funds | ||||||
| General fund | 147,553 | 7,261 | 154„814 | ||||
| Endowment | funds | ||||||
| Endowment | Fund | 4,110,006 | (19,180) | 4,090,826 | |||
| TOTAL FUNDS | 4,257,559 | (11,919) | 4,245,640 | ||||
| Net movement in funds, included |
in the above are | as follows: | |||||
| Incoming | Resources | Gains and | Movement | ||||
| resources | expended | losses | in funds | ||||
| 6 | |||||||
| Unrestricted | funds | ||||||
| General fund | 192,110 | (184,849) | 7,261 | ||||
| Endowment | funds | ||||||
| Endowment | Fund | (2,772) | (16,408) | (19,180) | |||
| TOTAL FUNDS | 192,110 | (187,621) | (16,408) | (11,919) |
| Net | ||||
|---|---|---|---|---|
| At | movement | At | ||
| 1.12.18 | in funds | 30.11.19 | ||
| Unrestricted | funds | |||
| General fund | 113,055 | 34,498 | 147,553 | |
| Endowment | funds | |||
| Endowment | Fund | 4,081,670 | 28,336 | 4,110,006 |
| TOTAL FUNDS | 4,194,725 | 62,834 | 4,257,559 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | lll fullds | ||
| 6 | |||||
| Unrestricted | funds | ||||
| General fund | 228,349 | (193,851) | 34,498 | ||
| Endowment | funds | ||||
| Endowment | Fund | (2,684) | 31,020 | 28,336 | |
| TOTAL FUNDS | 228,349 | (196,535) | 31,020 | 62,834 |
| forthe Year Ended 30 | Nov | ember 2020 |
||
|---|---|---|---|---|
| 30.11.20 | 30.11.19 | |||
| INCOME AND ENDOWMENTS | ||||
| Investment income |
||||
| Rents received | 183,048 | 217,797 | ||
| Dividends | 9,035 | 10,465 | ||
| Deposit account interest | 27 | 87 | ||
| 192,110 | 22$,349 | |||
| Total incoming resources | 192,110 | 228,349 | ||
| EXPENDITURE | ||||
| Investment management |
costs | |||
| Portfolio management | 2,772 | 2,684 | ||
| Rent collection | 23,575 | 25,452 | ||
| Property repairs | 12,416 | 3$,724 | ||
| Insurance | 7,525 | 6,834 | ||
| Survey k.Professional | Fees | 2,243 | ||
| BadDebts | 3,600 | (1,524) | ||
| Other | 1,198 | 5,047 | ||
| 51,0$6 | 79,460 | |||
| Charitable activities |
||||
| Grants to institutions | 97,919 | 63,091 | ||
| Grants to individuals | 28,430 | 39,911 | ||
| 126,349 | 103,002 | |||
| Support costs | ||||
| Human resources |
||||
| Honoraria - Support | 5,760 | 7,253 | ||
| Other | ||||
| Honoraria - Governance | 2,880 | 3,627 | ||
| Examiners Fee for external Scrutiny | 1,158 | 2,376 | ||
| Sundry Expenses | 388 | 331 | ||
| AGM Costs | 486 | |||
| 4,426 | 6,820 | |||
| Total resources expended | 187,621 | 196,535 | ||
| Net income before gains | and losses | 4,489 | 31,814 | |
| Realised recognised gains and losses | ||||
| Realised gains/(losses) | on | fixed asset investments | (16,408) | 31,020 |
| Net (expenditure)/income | (11,919) | 62,834 |