2021-10-31-accounts

THE RIVER TRUST STATEMENT OF FINANCIAL sTATEME￿r$ FOR THE YEAR ENDED 31 OCTOBER 2021

				Page
Trustees'	Report			1-3
Independent Examiner's			Report
Statement	of Financial		Activities
Balance Sheet
Notes to	the Financial	Statements		7-13

					Note		2021		2020
							2		2
Fixed Assets
Investments							403,949.77		391,645.96
Current	Assets
Debtors								270.23
Cash at	Bank						791.84	7,744.43
Loans							40,000.00	40,000.00
							40,791 84	48,014.66
Less:
Current	Liabilities
Creditors, amounts		falling due
within one year					10		1,314.00	8,676.00
Net Current Assets							39,477.84		39,338.66
Assets	less Current		Liabilities'				6443,427.61		2430,984.62
Capital	Fund
Expendable Endowment							513,854.99		489,675.49
Income	Fund
Unrestricted Fund							(70,427.38)		(58,690.87)
							2443,427.61		2430,984.62
Tx 9	I tt		t	ts	dbyth	L	t~rV4	2022
i	~		~C.~
avina	Irwin-Clark

			Note	Unrestricted Fund E	Expendable Endowment E,	Expendable Endowment E,	Total 2021 E	Total 2020 E
Income and Endowments
Donations Received			2	104,729.77			104,729.77	70,000.00
Investment Income			3	12,062.72			12,062.72	14,982.42
Total Income and Endowments				E116,792.49		E116,792.49		E84,982.42
Expenditure
Cost of raising funds:
SG Kleinwort Hambros	Investment		Management	Fees	4,882.19		4,882.19	5,737.06
Expenditure on Charitable		Activities:
Donations			4	122,670.00			122,670.00	94,225.00
Support Costs			5	5,859.00	12,300.00		18,159.00	14,373.00
Total Expenditure				E128,529.00	E17,182.19	E145,711.19		E114,335.06
Net Expenditure				(E11,736.51)	(E17,182.19)	(E28,918.70)		(E29,352.64)
Net Gains/(Loss) on	Investments
Reahsed Gain/(Loss)					6,189.27		6,189.27	(20,316.47)
Unrealised Gain/(Loss)					35,172.42		35,172.42	(28,694.20)
					41,361.69		41,361.69	(49,010.67)
Net Movement in Funds in		the Year		(E11,736.51)	E24,179.50		E12,442.99	(E78,363.31)
Funds
At 3I October 2020				(58,690.87)	489,675.49		430,984.62	509,347.93
Net Movement of Resources		in the	Year	(11,736.51)	24,179.50		12,442.99	(78,363.31)
At 31 October 2021				(E70,427.38)	E513,854.99	E443,427.61		E430,984.62

2	Donations Received	Donations Received				2021	2020
						8	2
	Ernest Kleinwort Charitable			Trust		105,000.00	70,000.00
	Prior year Gift Aid tax credit			written	off	(270.23)
						2104,729.77	270,000.00
3	Investment Income					2021	2020
						f
	Income from Investments					12,062.72	15,237.57
	Duplicate Dividend	Reversed					(255.15)
						211,792.49	214,982.42
4	Donations to Charitable		Institutions			2021	2020
						2	2
	Advancement of Christian			Faith -	(6Donations)
	Christian Vision for	Men				1,000.00
	Penny Trust					1,000.00	1,000.00
	St Peter's Brighton					2,000.00
	Stewards Trust					4,500.00
	Stewardship					11,500.00	7,515.00
	Youth With A Mission					8,720.00	15,370.00
						28,720.00	23,885.00
	Church Funds - (1	Donation)
	Barcombe Parochial	Church		Council		12,000.00	10,000.00
						12,000.00	10,000.00

Missionary Work - (8 Donations)	Missionary Work - (8 Donations)
African Enterprise		1,000.00	1,000.00
Church Pastoral Aid Society		3,000.00
Footsteps Foundation	International	2,000.00
Innovista International		2,000.00	2,000.00
International Justice Mission		3,000.00
Operation Mobilisation	UK	2,000.00	2,500.00
Pioneers UK Ministnes		2,000.00
StStephens Society		2,000.00	2,000.00
		17,000.00	7,500.00
Religious Education	-(9Donations)
Ashburnham Christian	Trust (ACT)	3,000.00	2,100.00
Bible Society		2,500.00	2,500.00
CARE		6,500.00	6,525 00
Chasah Trust		5,500.00	5,500.00
Haggai Institute		1,000.00
Eurasia Education Foundation			500.00
Lighthouse Central		1,000.00
Scripture Union (SU)		5,000.00
UCCF: The Christian	Unions	1,500.00	1,500.00
Wycliffe Bible Translators		1,500.00	1,000.00
		27,500.00	19,625.00
Religious Welfare Work - (9Donations)
Beauty from Ashes		1,000.00	1,000.00
Care for the Family		5,500.00	5,250.00
CMS		2,000.00
Open Doors UK		2,000.00	2,000.00
Relationships Foundation		1,000.00	2,000.00
Release International		1,000.00	1,000.00
The Marriage Foundation		2,000.00
The Micah Trust			1,000.00
The Prison Fellowship		1,450.00	1,450.00
ZANE		2,000.00	1,500.00
		17,950.00	15,200.00
Miscellaneous -(9Donations)
African Pastors		1,500.00	1,500.00
Allnations			2,000.00
Chestnut Tree House			2,000.00
Chloe Talitha		2,000.00
HoverAid Trust			1,500.00
London City Mission		1,500.00
Morning Star			1,000.00
SABRA		1,500.00
Sat-7		1,000.00	1,000.00
Soldiers and Airmen			1,000.00

	St Barnabas Hospices Sussex	St Barnabas Hospices Sussex	St Barnabas Hospices Sussex	St Barnabas Hospices Sussex		2,000.00
	St Luke's Healthcare						1,015.00
	St Peter & St	James	Hospice			1,500.00	1,500.00
	Sussex Community		Foundation			6,000.00	3,000.00
	Tear Fund					2,500.00	2,50000
						19,500.00	18,015.00
	Total Donations					Et22,670.00	794,225.00
5	Support Costs					2021	2020
						2	2
	Unrestricted	Fund
	SG Kleinwort	Hambros		Trust Company	(UK) Limited Fees	5,859.00	4,662.00
						5,859.00	4,662.00
	Expendable	Endowment:
	SG Kleinwort	Hambros		Trust Company	(UK) Limited Fees	10,881.00	8,658.00
	SG Kleinwort	Hambros		Trust Company	(UK) Limited ARC Fees		15.00
	Independent	Examiner's		Fees		1,314.00	1,038.00
	Bank Charges					105.00
						12,300.00	9,711.00
	Total Support	Costs				218,159.00	214,373.00

7	Investments quoted	on	on	a recognised	a recognised	a recognised	a recognised	Stock Exchange	Stock Exchange	2021	2020
										2	9
	Market Value Brought		Forward							381,772.55	460,403.55
	Purchases									102,489.49	165,824.28
	Disposals									(129,909.17)	H 95,444.61)
										354,352.87	430,783.22
	Realised Gain/(Loss)									6,189.27	(20,316.47)
	Unrealised Gain/(Loss)									35,172.42	(28,694.20)
	Market Value									395,714.56	381,772.55
	Cash on SG Kleinwort		Hambros			Account				8,235.21	9,873.41
	Total Investments									6403,949.77	2391,645.96
	Investments comprising			greater			than		5/o of the Portfolio	2021	2020
											o/o
	Artemis Income Fund		Income		Un~ts					5.78	5.90
	BNY Mellon Fund Managers									6.94	6.10
	Invesco Asset Managers									6.95	7.60
	JupiterJapan									5.33
	M&G Charifund									6.04
	M&G Securities										5.10
	Multi Units Luxembourg			Core						9.12	15.30
	Multi Units Luxembourg			S&P 500						5.12	9.10
	Standard Life									7.15	5.20
	Threadneedle Investment			UK	Equity Inc				Zni Nav	5.99	5.50
9	Loans									2021	2020
	Interest Free									2	6
	Youth With A Mission:		repayable				on demand			40,000.00	40,000.00
										640,000.00	240,00000
10	Creditors, amounts	falling due				within			one year	2021	2020
										2
	Independent Examiner's			Fees						1,314.00	2,076.00
	SG Kleinwort Hambros		Trust Company					(UK) Limited Fees			6,600.00
										21,314.00	28,676.00

11	Expendable	Endowment
	Movement	in Funds	2021	2020
			8	K
	Balance at	31 October 2020	489,675.49	554,134.22
	Gains and Transfers		24,179.50	(64,458.73)
	Balance at	31 October 2021	6513,854.99	F489,675.49

12	Unrestricted	Fund
	Movement in	Funds					2021		2020
							6
	Balance at 31October		2020				(58,690.87)		(44,786.29)
	Gains and Transfers						(11,736.51)		(13,904.58)
	Balance at 31 October		2021				(670,427.38)		(658,690.87)
	The income funds of the charity will be			allocated	by the trustees		towards charities	and chantable	activities, as
	set out in the	Trustees'	Report attached	to these	financial	statements.
13	Analysis of net assets		between funds
	Expendable	Endowment					2021		2020
							2		2
	Investments						395,714.56		381,772.55
	Cash at bank						8,235.21		9,873.41
	Other net current assets/(liabilities)						109,905.22		98,029.53
							6513,854.99		2489,675.49
	Unrestricted	Fund
	Investments
	Cash at bank						791.84		7,744.43
	Other net current assets/(liabilities)						(71,219.22)		(66,435.30)
							(270,427.38)		(658,690.87)
	Total
	Investments						395,714.56		381 772 55
	Cash at bank						9,027.05		17,617.84
	Other net current assets/(liabilities)						38,686.00		31,594.23
							6443,427.61		6430,984.62