THE RIVER TRUST STATEMENT OF FIPIANCIAL STATEMeNTS FOR THE YEAR ENDED 31 OCTOBER 2020 ## ## |||Page| |---|---|---| |||1-3| |Trustees'
Report||| |Independent
Examiner's|Report|| |Statement of Financial|Activities|| |Balance Sheet||| |||7-13| |Notes to the Financial|Statements|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||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| ## ## |||Movement|in|| |---|---|---|---|---| |||Funds||| ||Balance|Gains and||Balance| |31|October 2019|Transfers||31October| |||||2020| ||E|||| ||554,134.22|(64,458.73)||489,675.49| |||Movement|in|| |---|---|---|---|---| |||Funds||| ||Balance|Gains and||Balance| |31|October 2019|Transfers||31October| |||||2020| |||||E| ||(44,786.29)|(13,904.58)||(58,690.87)|