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|CONTENTS|||
|---|---|---|
|ORIGINS OF THE CHARITY|||
|TRUSTEE'S ANNUAL REPORT.|||
|ACHIEVEMENTS
AND PERFORMANCE|||
|FINANCIAL REVIEW|||
|TRUSTEE'S RESPONSIBILITIES..|||
|INDEPENDENT AUDITOR'S REPORT|||
|STATEMENT OF FINANCIAL ACTIVITIES..||13|
|BALANCE SHEET..||.14|
|NOTES TO THE FINANCIAL STATEMENTS .||155|
|REFERENCE AND ADMINISTRATION|DETAILS .|255|
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||||||||Combined|
|---|---|---|---|---|---|---|---|
|||||||2020/21|2019/20|
|||||Unrestricted|Endowment|Total|Total|
||||Notes|Funds|Funds|Funds|Funds|
|||||||8|f|
|Income and endowments||from:||||||
|Volunlary
income|||2||||37,500|
|Investments|||3|159,973||159,973|148,950|
|Other|||4||2,851|2,851||
|Total income||||159,973|2,851|162,824|186,450|
|Expenditure
on:||||||||
|Charitable
activities|||5|138,443|105,568|244,011|163,582|
|Other|||6||7,090|7,090|20,369|
|Total e
nditure||||138,443|112,658|251,101|183,951|
|Net gains/(losses)|onirwsstments||9|22,746|725,567|748,313|(740,940)|
|Fair Value Movamenta||||(21)|319|298||
|Net Income/(expenditure)||and net||||||
|movement
in funds||||44,255|616,079|880,334|738,441|
|Reconcilialon
of||||||||
|total funds:||||||||
|Brought forward|||11,12|125,608|3,136,478|3482,088|4,000,527|
|Carried forward|||11,12|169,863|3,752,557|3,922/20|3,262,086|
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|||||Combined|
|---|---|---|---|---|
||||Endowment|Endowment|
||||funds|funds|
||||2020/21|2019/20|
||||E|E|
|Donations|ard|legacies||37,500|
|Total||||37,500|
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||||Combined|
|---|---|---|---|
|||Unrestricted|unrestricted|
|||funds|funds|
|||2020/21|2019/20|
|||E|E|
|lrwestment|income|157,477|147,829|
|Interest||2498|1,121|
|Total||159973|148,950|
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|OTHER INCOME|||
|---|---|---|
|||Combined|
||Endowment|endowment|
||funds|funds|
||2020/21|2019/20|
||E||
|Transfer offunds from closed charities:|||
|SirRobert Peel Statue|2,851||
|Total|2,851||
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|EXPEND|ITURE ON CH|ARITABLE ACTIVIT|IES||
|---|---|---|---|---|
|||Uraestricted|Erdowment||
|||funds|funds||
|||Direct|Direct|Combined|
|||costs|costs|2020/21|
|||E|E|R|
|Bursaries|awarded|138,443|105,568|244,011|
|Total||138,443|105,568|244,011|
|||Uraestlicted|Endowment||
|||funds|funds||
|||Direct|Direct|Combined|
|||costs|costs|2019/20|
|||E|E|E|
|Bursaries|awarded|123,565|40,017|163,582|
|Total||123,565|40,017|163,582|
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|The value of investments
held by the charit|y are as follows:||
|---|---|---|
||Total|Combined|
||2020/21|2019/20|
||8||
|Market value 1 April|3,201,996|3,810,161|
|Additions||132,775|
|Transfened|1233||
|Disposals|(265,577)||
|Gain/(loss)
forthe year|748,313|(740,940)|
|Market value 31 March|3,685,985|3,201,996|
|Total cost31 March|2,245,793|2,561,939|
|Total units held in Charities Pool|416,870|451,176|
|||Combined|Combined|
|---|---|---|---|
|||31 March|31 March|
|||2021|2020|
|||R|E|
|Equities||3,439,005|2,840,170|
|Pooled Units||195,356|217,736|
|Cash held b|Fund Manager|51604|144,090|
|Total||3685,965|3,201,996|
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|CREDIT|ORS —AMOUNTS
DU|E WITHIN ONE YEAR||
|---|---|---|---|
|||Combined|Combined|
|||31 March|31 March|
|||2021|2020|
|||R|F.|
|Bursaries|awarded|87880|60,085|
|Total||87,880|60,085|
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|At 31M|arch 2021||Endow|ment|||
|---|---|---|---|---|---|---|
|||Unrestricted|Permanent|Expendable|Total 31|Total 31|
|||funds|Funds|Funds|March 2021|March 2020|
|Fixed assets-
investments||116,256|299,125|3,271,584|3,685,965|3,201,996|
|Current|assets|64,607||269,728|324,3SS|120,175|
|Current|liabilities|||(87,880)|87,880|(60,085)|
|Total||169,863|299,125|3,453,432|3,922,420|3,262,086|
|At 31 March 2020|||Endowment||||
|||Unrestricted|Permanent|Expendable|Total 31|Total 31|
|||funds|Funds|Funds|March 2020|March 2019|
||||F.|E|f||
|Fixed assets-
investments||92,509|240,092|2,869,395|3,201,996|3,810,161|
|Current|assets|33,099||87,076|120,176|232,778|
|Current|liabilities|||(60,085)|60,085|(42,412)|
|Total||126,608|240,092|2,896,386|3,262,086|4,000,527|
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|At 31March||Total||||Total|
|---|---|---|---|---|---|---|
|2021||1 April|||Gains &|31 March|
|||2020
f|hcome|Expenditure
f|(losses)|2021
f|
|Endowment|||||||
|funds:|||||||
|Expendable||2,896,386|2,851|(112,658)|666,853|3,453,432|
|Permanent||240,092|||59,033|299,125|
|Unrestricted|||||||
|funds:|||||||
|Designated|funds|96,325|2,169|(2,840)|22,725|118,379|
|General funds||29,283|157,804|(135,603)||51,484|
|Total funds||3,262,086|162,824|(251,101)|748,611|3,922,420|
|At 31 March|2020|Total||||Total|
|||1 April|||Gains &|31 March|
|||2019
f|hcome
f|Expenditure|(losses)
f|2020|
|Endowment|||||||
|funds:|||||||
|Expendable||3,579,159|41,713|(60,386)|(664,100)|2,896,386|
|Permanent||294,998|||(54,906)|240,092|
|funds:|||||||
|Designated|funds|126,370|4,169|(12,280)|(21,934)|96,325|
|General funds|||140,568|(111,285)|-|29,283|
|Total funds||4,000,527|186,450|(183,951)|(740,940)|3,262,086|
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||||Charity
1|Charity 2|Charity||
|---|---|---|---|---|---|---|
||||(prs-|(prs-|(post-|Combined|
||||merger)|merger)|merger)|total|
||||||E|8|
|Total|income||83,513|34,201|45,110|162,824|
|Total|expenditure||176,608|1,136|73,357|251 101|
|Net income/ e||nditurs|93,095|33,065|28,247|88,277|
|Other|sine/ losses||402,127|170,778|175,706|748,611|
|Net movementln||funds|309,032|203,843|147,459|860,334|
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||||||Combined|
|---|---|---|---|---|---|
||||Charity
1|Charity 2|total|
||||E|E|6|
|Total|income||145,448|41,002|186,450|
|Total|expenditure||176,446|7,505|183,951|
|Net income/ ex||enditure|(30,998)|33,497|2,499|
|Other|aine/(losses)||(536,339)|(204,601)|740,940|
|Net movement||in funds|(567,337)|(171,104)|738W1|
|Total|funds brought forward||2,880,251|1,120,276|4,000,527|
|Total|funds carried forward||2,312,914|949,172|3,262,086|
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|Analysis o|fnet assets at the|date ofthe merger|||
|---|---|---|---|---|
|||||Combined|
|||Charity
1|Charity 2|total|
|||f.||6|
|Net assets||2,621,946|1,153,015|3,774,961|
|Represented|by:||||
|Unrestricted|funds|114,287|62,946|177,233|
|Restricted funds|||146,358|146,358|
|Endowment|funds|2,507,659|943,711|3,451,370|
|Total funds||2,621,946|1,153,015|3,774,961|
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