| The names of the Trustees are: | R D Smith(Chairman) | CHARITY COMMISSION |
|---|---|---|
| Mrs H R J Barker | ||
| EzeScanEzeScan | C A Smith | |
| R W Smith (To 26 March 20 S H Smith |
1 9OCT202i | |
| Mrs J HNewman | ||
| S R H Smith R V Dyer |
ACCOUNTS RECEIVED |
| Notes | 2021 | 2020 | |
|---|---|---|---|
| Incoming Resources | |||
| Voluntary contributions | 4 | 32,693 | 41,119 |
| Investment income | 5 | 26,785 | 27,571 |
| Total Incoming Resources | £59,478 | £68,690 | |
| Resources expended | |||
| Charitable activities | 6 | 72,569 | 63,394 |
| Total resources expended | £72,569 | £63,394 | |
| Net outgoing/incoming resources before other | |||
| recognised gains | −£13,091 | £5,296 | |
| Realised Losses on Investments | 7 | −5,065 | −7,483 |
| Unrealised gains/losses on investment assets | 9 | 228,491 | −123,881 |
| Net movement on funds | 210,335 | −126,068 | |
| Fund balance brought forward 6 April 2020 | 1,285,658 | 1,411,726 | |
| Fund Balance carried forward at 5 April 2021 | £1,495,993 | £1,285,658 |
| Notes | 2021 | 2020 | |
|---|---|---|---|
| Fixed Assets | |||
| Freehold Property | 8 | 243,087 | 243,087 |
| Investments | 8 & 10 | 1,159,754 | 755,198 |
| 1,402,841 | 998,285 | ||
| Current Assets | |||
| Debtors | 11 | 7,415 | 164,898 |
| Short term deposit | 50,220 | 63,994 | |
| Cash at Bank | 37,317 | 59,631 | |
| Total Current Assets | 94,952 | 288,523 | |
| Liabilities: | |||
| Creditors falling due within one year | 12 | 1,800 | 1,150 |
| Net Current Assets | £93,152 | £287,373 | |
| Net Assets | £1,495,993 | £1,285,658 | |
| Unrestricted Funds | £1,495,993 | £1,285,658 |
| The remuneration payable to H Mercer, Chartered Accountant for examination of the financial statements was £750 (2020 −£750) |
||
|---|---|---|
| 2021 | 2020 | |
| Note 4 −Voluntary Contributions | ||
| Donation from a charity | 6,000 | |
| Gift Aid donations | 32,693 | 35,119 |
| £32,693 | £41,119 | |
| Note 5 −Investment Income | ||
| Deposit interest | 62 | |
| Dividends | 26,255 | 27,509 |
| £26,255 | £27,571 | |
| Note 6 — Charitable Activities | ||
| Grants made | 57,998 | 53,328 |
| Support costs: | ||
| Portfolio management fees | 7,645 | 5,938 |
| Grove Airfield expenses | 3,873 | 2,467 |
| Office and administration | 2,303 | 911 |
| Independent examination | 750 | 750 |
| £72,569 | £63,394 | |
| Note 7 — Realised gains/losses on Investment Assets | ||
| Cost of investments realised | 43,867 | 72,408 |
| Realisation proceeds | 38,802 | 64,925 |
| −£5,065 | −£7,483 |
| 2021 | 2020 | |
|---|---|---|
| Note Unrealised gain on Investment Assets |
||
| Value of land at 6 April 2020 | 243,087 | 243,087 |
| Value of land at 5 April 2021 | 243,087 | 243,087 |
| Increase in valuation | ||
| Value of investments held at 6 April 2020 | 755,198 | 790,422 |
| Cost of investments made during the year | 219,932 | 161,065 |
| Cost of investments sold during the year | −43,867 | −72,408 |
| 931,263 | 879,079 | |
| Value of investments held at 5 April 2021 | 1,159,754 | 755,198 |
| Unrealised gains/losses during the year | 228,491 | −123,881 |
| Total investment assets | £1,402,841 | £998,285 |
| Note 9 −Investment Property | ||
| 8.103 acres of land −Grove Airfield−at cost | £7,301 | £7,301 |
| Note 10 — Investment Assets at Cost | ||
| Portfolio managed by Quilter Cheviot | £1,018,390 | £840,874 |
| The investments are all in companies quoted on the London | ||
| Stock Exchange. | ||
| Note 11 — Sundry Debtors | ||
| Land Pooling Trust | 6,836 | 2,705 |
| Income tax repayment | 49 | 49 |
| Qui!ter Cheviot | 530 | 479 |
| Persimmon Homes | 161,665 | |
| £7,415 | £164,898 | |
| Note 12 −Sundry Creditors | ||
| Accrued expenses | £1,800 | £1,150 |