2020-10-31-accounts - The River Trust

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THE RIVER TRUST STATEMENT OF FIPIANCIAL STATEMeNTS FOR THE YEAR ENDED 31 OCTOBER 2020

				Note	Unrestricted	Expendable	Total	Total
					Fund	Endowment	2020	2019
					E	6	6	6
Income and	Endowments
Donations Received Investment income					70,000.00 14,982.42		70,000.00 14,982.42	70,000.00 17,713.71
Total Income	and Endowments				684,982.42		f84,982.42	687,713.71
Expenditure
Cost of raising	funds:
SG Kleinwort	Hambros	Investment		Management	Fees	5,737.06	5,737.06	5,693.74
Expenditure	on Charitable		Activities:
Donations Support Costs					94,225.00 4,662.00	9,711.00	94,225.00 14,373.00	127,965.00 13,996.00
Total Expenditure					698,887.00	615,448.06	2114,335.06	f147,676.74
Net Expenditure					(Et3,904.58)	(615,448.06)	(629,352.64)	(659,963.03)
Net (Loss)/Gains on Investments
Realised (Loss)/Gain Unrealised (Loss)/Gain						(20,316.47) (28,694.20)	(20,316.47) (28,694.20)	(1,680.58) 17,007.94
						(49,010.67)	(49,010.67)	15,127.36
Net Movement	in Funds	in	the Year		(613,904.58)	(664,458.73)	(678,363.31)	(644,835.67)
Funds
At 31 October	2019				(44,786.29)	554,134.22	509,347.93	554,183.60
Net Movement	of Resources		in the	Year	(13,904.56)	(64,456.73)	(78,363.31)	(44,835.67)
At 31 October	2020				(658,690.87)	6489,675.49	6430,984.62	6509,347.93

			Note		2020		2019
					E		E
Fixed Assets Investments					391,645.96		468,544.25
Current Assets
Debtors				270.23		270.23
Cash at Bank				7,744.43		1,571.45
Loans				40,000.00		40,000.00
				48,014.66		41,841.68
Less:
Current Liabilities
Creditors, amounts within one year	falling due		10	8,676.00		1,038.00
Net Current Assets					39,338.66		40,803.68
Assets less Current		Liabilities			8430,984.62		6509,347.93
Capital Fund Expendable Endowment					489,675.49		554,134.22
Income Fund Unrestncted Fund			12		(58,690.87)		(44,786.29)
					6430,984.62		6509,347.93

2	Donations Received	Donations Received			2020	2019
					E	E
	Ernest Kleinwort Charitable			Trust	70,000.00	70,000.00
					670,00000	f70,000.00
3	Investment Income				2020	2019
					f	Z
	Income from Investments				15,237.57	17,713.71
	Duplicate Dividend Reversed				(255.15)
					614,982.42	E17,713.71
4	Donations to Charitable		Institutions		2020	2019
					E	E
	Advancement of Christian			Faith - (3Donations)
	Penny Trust St Peter's Bnghton				1,000.00	1,000.00 15,000.00
	Stewards Trust					2,500.00
	Stewardship				7,515.00	9,515.00
	Youth With A Mission				15,370.00	12,825.00
	Youth With A Mission	- Scotland				1,000.00
	Youth With A Mission	- Bangkok				1,520.00
					23,885.00	43,360.00
	Church Funds - (1 Donation)
	Barcombe Parochial	Church		Council	10,000.00	10,00000
	Point Church					500.00
					10,000.00	10,500.00
	Missionary Work - (4 Donations)
	African Enterprise				1,000.00
	Footsteps Foundation	International				1,000.00
	Innovista International				2,000.00	2,000.00
	Operation Mobiksation	UK			2,500.00
	St Stephens Society				2,000.00	2,000.00
					7,500.00	5,000.00
	Religious Education	-(7	Donations)
	Ashburnham Christian	Trust (ACT)			2,100.00	2,100.00
	Bible Society				2,500.00	2,500.00
	CARE				6,525.00	6,525.00
	Chesah Trust				5,500.00	5,500.00
	Eurasia Education Foundation				500.00
	Scripture Union (SU)					2,500.00

UCCF. The Christian	Unions	1,500.00
Wycliffe Bible Translators		1,000.00	1,000.00
		19,625.00	20,125.00
Religious Welfare Work - (8 Donations) Beauty from Ashes Care for the Family Chnst with Israel		1,000.00 5,250.00	1,000.00 5,250.00 1,000.00
CMS			2,000.00
Open Doors UK Relationships Foundation Release International		2,000.00 2,000.00 1,000.00	2,000.00 2,000.00 1,000.00
The Micah Trust		1,000.00	1,000.00
The Prison Fellowship		1,450.00	1,450.00
Youtlt Ior Cltrist			2,000.00
ZANE		1,500.00	1,500.00
		15,200.00	20,200.00
Miscellaneous -(11 African Pastors	Donations)	1,500.00	1,500.00
Agape Ministries Allnations		2,000.00	1,000.00 2,000.00
Chestnut Tres House		2,000.00	2,000.00
Clean Sheet			2,000.00
Cress			300.00
Cye Sailing Centre Eurasian Ministnes			1,000.00 2,000.00
Holy Trinity Church			4,000.00
HoverAid Trust		1,500.00
Lambeth Conference			1,000.00
London City Mission Mercy Ships			1,000.00 2,000.00
Morning Star Sat-7		1,000.00 1,000.00	1,000.00
Soldiers and Airmen		1,000.00	1,000.00
Starfish Malawi			2,000.00
St Luke's Healthcare		1,015.00	1,000.00
St Peter &StJames	Hospice	1,500.00	1,500.00
Sussex Community Tear Fund	Foundation	3,000.00 2,500.00	2,500.00
		18,015.00	28,800.00
Total Donations		E94,225.00	2127,98500

	5 Support Costs							2020	2019
								6
	Unrestricted Fund
	SG Kleinwort Hambros	Trust Company		(UK) Limited		Fees		4,662.00	4,515.00
								4,662.00	4,515.00
	Expendable Endowment;
	SG Kleinwort Hambros SG Kleinwort Hambros	Trust Company Trust Company		(UK) Limited (UK) Limited		Fees ARC Fees		8,658.00 15.00	8,385.00 60.00
	Independent Examiner's Fees							1,038.00	1,038.00
								9,711.00	9,483.00
	Total Support Costs							614,373.00	613,998.00
	Related parties and trustees'		expenses		and remuneration
	The chanty does not have a relationship				with any other charity		or organisations.
	SG Kleinwort Hambros Trust Company (UK) Limited 2019)for its sennces as Corporate Trustee.					received	a fee off13,320.00 (612,900.00-
	The key management personnel ofthe chanty comprise solely have held office during the penod. Davina Irwin-Clark received expenses (2019.nil) during the year.						ofthe trustees of no remunerabon		the charity who (2019 nil) or
7 Investments quoted on a recognised				Stock Exchange				2020	2019
								6	6
	Market Value Brought	Forward						460,403.55	474,171.55
	Purchases							165,824.28	155,337.20
	Disposals							(195,444.61)	(184,232.56)
								430,783.22	445,276.19
	Reahsed (Loss)/Gain							(20,316.47)	(1,880.58)
	Unrealised (Loss)/Gain							(28,694.20)	17,007.94
	Market Value							381,772.55	460,403.55
	Cash on SG Kleinwort	Hambros	Account					9,873.41	8,140.70
	Total Investments							6391,645.96	6468,544.25

Investments comprising	greater	than	5'/o ofthe Portfolio	2020	2019
				o/o	0/
Artemis Fund Managers Artemis Income Fund Income Units				5.90	6.43 6.89
BNY Mellon Fund Managers Fil Investments				6.10	5.92 5.17
Invesco Asset Managers M&G Securities				7.60 5.10	6.83 5.88
Multi Units Luxembourg Multi Units Luxembourg				15.30 9.10	6,27 5.20
Royal London Equity Funds ICVC Standard Life				5.20	6.16 5.37
Threadneedle Investment	UK Equity Inc Zni Nav			5.50	5.98
Union Bancaire					5.31
8 Debtors				2020	2019
				E	E
Tax repayment due from	HM Revenue		&Customs	270.23	270.23
				f270.23	f270.23
9 Loans				2020	2019
Interest Free				E	F.
Youth With A Mission. repayable		on demand		40,000.00	40,000.00
				f40,000.00	f40,000.00
10Creditors, amounts falling due		within	one year	2020	2019
				E	E
Independent Examiner's	Fees			2,076.00	1,038.00
SG Kleinwort Hambros	Trust Company		(UK) Limited Fees	6,600.00
				f8,676.00	f1,038.00