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|||||Page|
|---|---|---|---|---|
|Reference and administrative||details ofthe Charity,|its Trustees and advisers||
|Trustees'
report||||2-7|
|Independent
auditors'|report|on the financial statements||8-11|
|Statement offinancial|activities|||12|
|Balance sheet|||||
|Statement ofcash flows||||14|
|Notes to the financial|statements|||15-25|
##
|REFERENCE AND|REFERENCE AND|REFERENCE AND|ADMINISTRATIVE|DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS|
|---|---|---|---|---|
||||FOR THE|YEAR ENDED 31 DECEMBER 2020|
|Trustees|||DJ Banister||
||||E D Banister||
||||E M Banister||
||||E F Cairns||
||||L P Glaister||
|Charity registered|||||
|number|||00275487||
|Principal|office||Tees Law||
||||Tees House||
||||95 London Road||
||||Bishop's Stortford||
||||Hertfordshire||
||||CM23 3GW||
|Independent||auditors|Price Bailey LLP||
||||Chartered
Accountants||
||||Causeway
House||
||||1 Dane Street||
||||Bishop's Stortford||
||||Hertfordshire||
||||CM23 3BT||
|Solicitors|||Tees Law||
||||Tees House||
||||95 London Road||
||||Bishop's Stortford||
||||Hertfordshire||
||||CM23 3GW||
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|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2020|2020|2019|
||||Note|8|6||
|Income from:|||||||
|Donations||||||3,950,753|
|Investments||||357,234|357,234|817,182|
|Total income||||357,234|357,234|4,767,935|
|Expenditure
on:|||||||
|Raising funds|||4|118,976|118,976|80,487|
|Charitable
activities||||1,729,164|1,729,164|2,501,891|
|Total expenditure||||1,848,140|1,848,140|2,582,378|
|Net (expenditure)/income||before net (losses)/gains|||||
|on investments||||(1,490,906)|(1,490,906)|2,185,557|
|Net (losses)/gains|on investments|||(2,643,116)|(2,643,116)|6,251,397|
|Net (expenditure)/income||for the year||(4,134,022)|(4,134,022)|8,436,954|
|Net movement
in|funds|||(4,134,022)|(4,134,022)|8,436,954|
|Reconciliation
of|funds:||||||
|Total funds brought|forward|||33,205,440|33,205,440|24,768,486|
|Net movement
in funds||||(4,134,022)|(4,134,022)|8,436,954|
|Total funds carried forward||||29,071,418|29,071,418|33,205,440|
##
|||||||2020||2019|
|---|---|---|---|---|---|---|---|---|
|||||Note||6||6|
|Fixed assets|||||||||
|Investments||||||27,740,980||31,737,132|
|Current assets|||||||||
|Debtors||||10|1,677,953||2,375,730||
|Cash at bank and|in|hand||14|644,914||217,507||
||||||2,322,867||2,593,237||
|Creditors: amounts||falling|due within one||||||
|year||||11|(645,579)||(784,789)||
|Net current assets||||||1,677,288||1,808,448|
|Total assets less|current||liabilities|||29,418,268||33,545,580|
|Creditors: amounts||falling|due after more||||||
|than one year||||12||(346,850)||(340,140)|
|Total net assets||||||29,071,418||33,205,440|
|Charity funds|||||||||
|Restricted funds|||||||||
|Unrestricted
funds||||||29,071,418||33,205,440|
|Total funds||||||29,071,418||33,205,440|
|||FOR THE|YEAR ENDE|D 31 DECEMBER 2|020||
|---|---|---|---|---|---|---|
||||||2020f|2019f|
|Cash flows from operating||activities|||||
|Net cash|used
in operating|activities (see note 13)|||(106,260)|(2,230,964)|
|Cash flows from investing||activities|||||
|Dividends,|interests
and rents from investments||||357,234|817,182|
|Proceeds|from sale of investments||||8,446,796|8,151,557|
|Purchase|of investments||||(8,270,363)|(7,101,845)|
|Net cash|provided
by investing
activities||||533,667|1,866,894|
|Cash flows from financing||activities|||||
|Net cash|provided
by financing
activities||||||
|Change|in cash and cash|equivalents
in|the year||427,407|(364,070)|
|Cash and|cash equivalents|at the beginning|ofthe year||217,507|581,577|
|Cash and cash equivalents||at the end of|the year||644,914|217,507|
|The notes on pages 15to 25 form part of these financial||||statements|||
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||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2020|2020|2019|
||||||6|8|F|
||Donations||||||3,950,753|
|3.|Investment||income|||||
||||||Unrestricted|Total|Total|
||||||funds|funds|funds|
||||||2020|2020|2019|
||||||F|6|8|
||UK listed|investments|||335,161|335,161|783,252|
||Foreign|listed investments|||22,073|22,073|33,930|
||||||357,234|357,234|817,182|
||Total 2019||||817,182|817,182||
|4.|Investment||management|costs||||
||||||Unrestricted|Total|Total|
||||||funds|funds|funds|
||||||2020
6|2020
8|2019f|
||Investment||management|fees|118,976|118,976|80,487|
||Total 2019||||80,487|80,487||
##
##
||||Institutional|Grants|Support|Total|
|---|---|---|---|---|---|---|
||||grants
f|to individuals
f|costsf|2020f|
|Grants made:|||||||
|Educational|projects||515,164|13,800|43,319|572,283|
|Educational|projects encompassing|world|||||
|peace|||45,000||3,813|48,813|
|Overseas|education||1,024,315||83,753|1,108,068|
||||1,584,479|13,800|130,885|1,729,164|
##
||||Institutional|Grants|Support|Total|
|---|---|---|---|---|---|---|
||||grants
f|to individuals
f|costsf|2019f|
|Grants made:|||||||
|Educational|projects||752,090|70,630|73,044|895,764|
|Educational|projects encompassing|world|||||
|peace|||158,000||8,253|166,253|
|Overseas|education||1,395,857||44,017|1,439,874|
||||2,305,947|70,630|125,314|2,501,891|
##
##
|Grants to institutions|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
|||||||||8|
|Educational
bodies|||||||||
|London School of Hygiene||&Tropical|||Medicine||50,000|50,000|
|Loughborough
University|||||||60,000||
|Kings College London|||||||50,000||
|Barnardo's|||||||20,000||
|National
Deaf Children's|Society||||||15,000||
|Royal Northern
College|of Music|||||||20,000|
|Royal Shakespeare
Company||||||||100,000|
|Sidney Sussex College-|Cambridge||||||50,000|100,000|
|City of Birmingham
Symphony|||Orchestra||||20,000||
|University
of Oxford|||||||40,160||
|University
of Nottingham|||||||30,000|30,000|
|University
of Leeds|||||||45,725|45,810|
|The Old Vic||||||||50,000|
|Glasgow School of Art|||||||15,000|15,000|
|BOAS|||||||50,000|50,000|
|Institute of Development|Studies|||||||50,000|
|University
of Sheffield|||||||50,000|50,000|
|University
of Manchester||||||||57,730|
|Other|||||||19,279|133,550|
||||||||515,164|752,090|
||||||||2020|2019|
||||||||8|8|
|Educational
projects encompassing|||||the promotion|ofworld peace|||
|Freedom
from Torture||||||||15,000|
|Conciliation
Resources|||||||30,000||
|Saferworld||||||||80,000|
|Quakers
in Britain|||||||15,000||
|Conflict Resolution
Education|||in Sheffield Schools Training|||||10,000|
|West Midlands
Quaker|Peace Education Project|||||||15,000|
|Peace Brigades International||||||||20,000|
|Fight for Peace International||||||||10,000|
|Trust for Research and|Education|||on|Arms Trade|||8,000|
||||||||45,000|158,000|
##
||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|
||||||||6|F|
|Overseas Education|||||||||
|International
Needs
UK|||||||25,000||
|ChoraChori||||||||15,000|
|Royal National
Lifeboat Association||||||||15,000|
|CAMFED|||||||25,000||
|Hope International
Development|||Agency|||UK||15,000|
|East Africa Character|Development|||Trust|||25,000||
|Just a Drop||||||||15,000|
|The Henry Van Straubenzee||Memorial|||Fund|||15,000|
|The Gurkha Welfare|Trust||||||35,000||
|Motivation||||||||15,000|
|Build Aid||||||||16,000|
|Shared Interest Foundation|||||||20,000||
|Promoting
Equality
in|African|Schools||||||20,000|
|Signpost
International|||||||20,000||
|SolarAid||||||||20,000|
|Traidcraft Exchange||||||||75,000|
|The One Foundation||||||||20,000|
|Classrooms
for Malawi|||||||20,000||
|FacilitAid
UK||||||||22,780|
|Pragya
UK|||||||20,000||
|Build
It International||||||||25,000|
|Excellent Development|||||||20,000||
|Harpenden
Spotlight|on Africa|||||||25,000|
|The Hailer Foundation|||||||16,000||
|Liverpool School ofTropical||Medicine||||||25,000|
|East African Playgrounds|||||||15,000||
|Book Aid International||||||||30,000|
|African Adventures
Foundation|||||||15,000||
|Teach a Man to Fish|||||||30,000||
|Afghanaid|||||||30,000||
|Safe Child Thailand||||||||15,000|
|Africa Educational
Trust|||||||30,000||
|S.A.F.EArts for Education|||||||25,000||
|Water Witness
International|||||||25,000||
|Tearfund|||||||20,000||
|Hand
in Hand
International|||||||20,000||
|SeeBeyondBorders|||||||20,000||
|CAFOD|||||||20,000||
|Edukid||||||||15,000|
|Firefly International|||||||20,000||
##
||||NOTES TO THE FINANCIAL STATEMENTS|NOTES TO THE FINANCIAL STATEMENTS|||
|---|---|---|---|---|---|---|
||||FOR|THE YEAR ENDED 31 DECEMBER 2020|||
|Community
Action|Nepal||||19,000||
|World Association of Girl|||Guides and Girl Scouts||18,000||
|Tools for Self Reliance|||||16,000||
|Acct UK (AIDS Care Education||||and Training)|15,182||
|Pebbles Project UK Limited|||||15,000||
|Self Help Africa (UK)|||||15,000||
|The Virtual Doctors|||||15,000||
|Scottish Love in Action|||||15,000||
|AfriKids
Limited|||||15,000||
|Feed the Minds||||||15,000|
|Help2Read||||||15,000|
|Human
Appeal||||||15,667|
|Action Village india||||||16,000|
|Right to Play UK||||||20,000|
|SOS Children's
Villages||||||20,000|
|The TAG Foundation||for|Social|Development||23,723|
|Peace Child International||||||25,000|
|School Aid||||||25,000|
|World Vision UK||||||25,000|
|Restless Development||||||25,000|
|Sightsavers||||||25,000|
|Opportunity
International|||UK|||25,505|
|Children
on the Edge||||||26,551|
|Hope for Children||||||29,287|
|Leonard Cheshire|Disability|||||33,337|
|ADD International||||||35,000|
|Street Child||||||40,000|
|Unicef||||||50,000|
|Farm Africa||||||60,000|
|AMREF||||||200,000|
|Other Grants|||||385,133|247,007|
||||||1,024,315|1,395,857|
##
##
||||||Support|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Governancef|costs
6|2020f|2019
F|
||Legal and administration||charges|124,221||124,221|116,940|
||Website|development|||420|420|1,488|
||Auditors|fees for audit|services|6,100||6,100|6,750|
||Other charges||||144|144|136|
|||||130,321|564|130,885|125,314|
||Total 2019|||123,690|1,624|125,314||
||Support|Costs (comparative)||||||
||||||||Support|
|||||||Governance|costs|
|||||||2019|2019|
|||||||6|6|
||Legal and administration||charges|||116,940||
||Website|development|||||1,488|
||Auditors|fees for audit services||||6,750||
||Other charges||||||136|
|||||||123,690|1,624|
|7.|Auditors'|remuneration||||||
|||||||2020|2019|
|||||||6|6|
||Auditors|remuneration||||6,100|6,750|
##
##
##
|||||Total|
|---|---|---|---|---|
|||||funds|
|||||2019|
||Listed|Cash|||
||investments
8|depositsf|Total
6||
|At January 2019|29,716,274||29,716,274|24,514,588|
|Additions|8,270,363||8,270,363|7,101,845|
|Disposals|(8,446,796)||(8,446,796)|(8,151,556)|
|Revaluations|(2,643,116)||(2,643,116)|6,251,397|
|Cash balance||844,255|844,255|2,020,858|
|Total2020|26,896,725|844,255|27,740,980|31,737,132|
|The ma
follows:|rket value of investme|nts
individually
constituting
more than|5'/o ofthe total por|
|---|---|---|---|
|||31 December|31 December|
|||2020|2019|
|Informa|pic|6,442,525|10,072,372|
##
||||2020
6|2019
f|
|---|---|---|---|---|
|Due within one year|||||
|Other|debtors||1,677,953|2,375,730|
||||1,677,953|2,375,730|
|Creditors: Amounts||falling due within one year|||
||||2020f|2019f|
|Accruals
and deferred||income|52,280|28,829|
|Grants|payable||593,299|755,960|
||||645,579|784,789|
##
##
##
|12.|Creditors: Amounts|falling|due|after more than one y|ear|||
|---|---|---|---|---|---|---|---|
|||||||2020f|2019
5|
||Grants payable|||||346,850|340,140|
|13.|Reconciliation
ofnet movement|||in funds to net cash|flow from operating|activities||
|||||||2020f|2019
6|
||Net income/expenditure
for the period (as per Statement||||of Financial|||
||Activities)|||||(4,134,022)|8,436,954|
||Adjustments
for:|||||||
||(Gains)/losses
on investments|||||2,643,116|(6,251,397)|
||Dividends
received|||||(357,234)|(817,182)|
||(Increase)/decrease|in cash|investments|||1,176,603|(2,020,858)|
||Decrease/(increase)|in debtors||||697,777|(1,644,299)|
||Increase/(decrease)|in creditors||||(132,500)|65,818|
||Net cash used
in operating||activities|||(106,260)|(2,230,964)|
|14.|Analysis
ofcash and cash||equivalents|||||
|||||||2020f|2019
6|
||Cash in hand|||||644,914|217,507|
||Total cash and cash equivalents|||||644,914|217,507|
|15.|Analysis ofchanges|in net|debt|||||
|||||||||||At 31|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||At|1|January||December|
|||||||||2020
5|Cash flows
6|2020f|
|Cash|at|bank|and|in|hand|||217,507|427,407|644,914|
|||||||||217,507|427,407|644,914|
##
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