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|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<br>S H Smith|**1 9OCT**202i|
||Mrs J **H**Newman||
||S R H Smith<br>R V Dyer|ACCOUNTS<br>RECEIVED|



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||**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**|





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||**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**|





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|The remuneration payable to H Mercer, Chartered Accountant for<br>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**<br>**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|