2021-04-05-accounts - The Walker 597 Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

	Page
Report ofthe Trustees'	I to 2
Independent Examiner's Report
Statement ofFina n cia IActivities
Balance Sheet
Notes to the Financial Statements	6to l0

					2021	2020
					Unrestricted	Unrestricted
					Funds	Funds
INCOMING RESOURCES				Notes	g
Incoming resources from generated			funds
Donations and legacies investment income					5 39,067	5 49,560
Total incoming resources					39,072	49,565
RESOURCES KKPKNDED
Costs ofraising funds —Investment Charitable activities		managets		fees	10,165	9,975
Direct charitable expenditure Governance costs				4 5	68,600 3,944	53,800 3,036
Total resources expended					82,709	66,811
NKT (OUTGOING) / INCOMING RESOURCES					(43,637)	(17,426)
Other recognised gains/losses
Gains/(losses) on investment	assets				253,777	(179,626)
Net movement in funds					210,140	(196,872)
RECONCILIATION OF FUNDS
Total funds brought forward					1,688,595	1885,467
TOTAL FUNDS CARRIED	FORWARD				1,89&,735	1,688,595

			2021	2020
		Notes
FIXEDASSETS
Tangtbte			541
Investments Investment property			894,535 130,000	730,156 130,000
			1,025,076	860,156
CURRENT ASSETS
Debtors Cash at bank		10	493,667 382,632	422,480 407„279
			876,299	829,759
CREDITORS
Amounts falling due within	one year		(2,640)	(1,320)
NET CURRENT ASSETS			873,659	828,439
TOTAL ASSETS LESSCURRENT
LIABILITIES			1,898,735	1,688,595
NKT ASSETS
			1,898,735	1,688,595
FUNDS		12
Unrestricted funds			1,898,735	1,688,595
TOTAL FUNDS			1,898,735	I 688,595

DONATIONS	AND LEGACIES
		2021	2020
Donations		5	5
Legacies
INVESTMENT	INCOME
		2021	2020
			8
Rents received Income from quoted investments Bank interest Other		52 30,662 8,353	20,050 20,695 8,815
		39,067	49,560
CHARITABLE	ACTIVITIES COSTS
		2021	2020
			8
Grants made during the period		68,600	53,800

		2021	2020
Professional Accountancy Depreciation	fees fees	2,416 1320 208	1,711 1,320
		3,944	3,031

			Computer
			Equipment
	COST
	At 6April 2020
	Additions		749
	Dispo sais
	At 5 April 2021		749
	DEPRECIATION
	At 6 April 2020
	Charge		208
	On disposals
	At 5 April 2021		208
	CARRYING VALUE
	At 5 April 2021		541
	At 5 April 2020
8.	FIXEDASSET INVESTMKNTS
			Listed
			Investments
			6
	MARKET VALUE
	At 6 April 2020		730,156
	Additions Revaluations		13,856 164,478
	Disposals		il3,955)
	At 5 April 2021		894,535
	CARRYING VALUE
	At 5 April 2021		894,535
	At 5 April 2020		730,156
	There were no investmentassets	outside the UK

		FOR THE YEAR E	FOR THE YEAR E	NDED 5APRIL 2021
9.	INVESTMENT	PROPERTY
					Investment
	MARKET VALUE				Property
	At 6 April 2020				130,000
	Additions
	Revaluations
	Disposals
	At 5 April 2021				130,000
	CARRYING VALUE
	At 5 April 2021				130,000
	At 5 April 2020				130,000
	The investmentproperties		held are listed below:
				2021
				f.
	The Tofts, Main	Road, Friskney		130,000
				130,000
	Although no extemalvaluationhasbeenundertaken,			the Trustees are ofthe opinion thatthecurrentmarketvalae
	ofthe property is 6130,000.
10.	ANAYLSIS OF CURRENT ASSSKTS
	DEBTORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
				2021	2020
	Other debtors			493,667	422,480
	AB current assets	in 2021	and 2020relate to unrestricted funds.
11.	ANALYSIS OF CURRENT LIABILTIES
	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2021	2020
				f.
	Other creditors			2,640	1,320
	All creditors in 2021 and		2020 relate tounrestricted	funds.