| Trustees: | lan R Dewhirst | ||
|---|---|---|---|
| Rozanne Cosgrove | |||
| Yorke J J Eaton | |||
| Principal Office: | Addleshaw Goddard |
LLP | |
| 3Sovereign Square | |||
| Sovereign Street | |||
| Leeds | |||
| LS1 4ER | |||
| Independent | Auditors: | Hawsons Chartered |
Accountants |
| Statutory Auditors | |||
| Pegasus House | |||
| 463a Glossop Road | |||
| Sheffield | |||
| S102QD | |||
| Bankers: | HSBC | ||
| 33Park Row | |||
| Leeds | |||
| West Yorkshire | |||
| LS1 1LD | |||
| Legal Advisors: | Addleshaw Goddard |
LLP | |
| 3Sovereign Square | |||
| Sovereign Street | |||
| Leeds | |||
| LS14ER | |||
| investment | Manager: | Cazenove Capital Management |
|
| 12Moorgate | |||
| London | |||
| EC2R 6DA |
| Unrestricted | funds | ||||
|---|---|---|---|---|---|
| Note | 2020f | 2019f | |||
| Income | |||||
| Investment income |
42,210 | 57,910 | |||
| Expenditure | |||||
| Charitable activities |
|||||
| Support Costs | 16,155 | 12,868 | |||
| Governance Costs |
2,900 | 2,340 | |||
| Grants payable | 32,000 | 31,000 | |||
| Total expenditure | 51,055 | 46,208 | |||
| Net (Expenditure)/ | Income | (8,845) | 11,702 | ||
| Net (loss)/ gain on | investments | (2,557) | 138,131 | ||
| Net (Expenditure)/ | Income | (11,402) | 149,833 | ||
| Net movement in |
funds | (11,402) | 149,833 | ||
| Reconciliation of |
funds | ||||
| Total fund balances | brought | forward | 1,872,946 | 1,723,113 | |
| Total fund balances carried | forward | 1,861,544 | 1,872,946 |
| Fixed assets | Note | 2020 | 2019 | |||
|---|---|---|---|---|---|---|
| Investments | 1,338,255 | 1,544,019 | ||||
| Current assets | ||||||
| Cash at bank | and in | hand | 528,119 | 343,091 | ||
| Creditors —amounts | falling due within one | |||||
| year | (4,830) | (14,164) | ||||
| Net current assets | 523,289 | 328,927 | ||||
| Total assets | less current | liabilities | 1,861,544 | 1,872,946 | ||
| Charity funds | ||||||
| Unrestricted | funds | 1,861,544 | 1,872,946 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| f | f | ||||
| Investment Income |
|||||
| Interest on cash deposits | 337 | 748 | |||
| Interest and dividends | received | 41,519 | 55,340 | ||
| Accumulated income |
354 | 1,822 | |||
| 42,210 | 57,910 | ||||
| Support Costs | |||||
| Cazenove —Management | fees | 8,848 | 8,969 | ||
| LEI Fee | 75 | 84 | |||
| HSBC —Bank Charges | 25 | 25 | |||
| Legal fees (Addleshaw | Goddard | LI P) | 7,207 | 3,790 | |
| 16,155 | 12,868 | ||||
| Governance Costs |
|||||
| Audit fee | 2,900 | 2,340 | |||
| Staff Particulars | |||||
| The Trust has no employees |
| Notes forming part |
ofthe financial statements Grants Payable |
for the yea | r ended 31 Dece | mber 2020 continue | d: | |
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| ~Cate o | Local/Re ional Charities |
|||||
| Children 8 Youth | Appleton and Welbury Cubs |
500 | 500 | |||
| Appleton Wiske Pre School Group |
1,000 | 1,000 | ||||
| Durham Association of |
Clubs for Young People | 4,000 | 4,000 | |||
| 1st Great Smeaton Scouts | 500 | 500 | ||||
| St Leonard's church, Welbury |
1,000 | 1,000 | ||||
| Welbury Guides |
500 | 500 | ||||
| Community Development |
Welbury Village Hall |
2,000 | 2,000 | |||
| Education/ | ||||||
| Science/Tech | Highfield Community Primary School |
3,000 | 3,000 | |||
| Ex-Services | RAF Benevolent Fund |
500 | 500 | |||
| SSAFA | 1,000 | 1,000 | ||||
| Health | Motor Neurone Disease | Association | 7,000 | 7,000 | ||
| Addenbrookes Hospital |
Oncology | Department | 2,000 | 1,000 | ||
| Hospices | St Cuthberts Hospice |
2,000 | 2,000 | |||
| Garden House Hospice | 2,000 | 2,000 | ||||
| Religious | Durham Cathedral |
3,000 | 3,000 | |||
| Drganisations | Friends ofSSPeter and | Paul | 1,000 | 1,000 | ||
| Brancepeth Parochial Council |
1,000 | 1,000 | ||||
| 32,000 | 31,000 | |||||
| Investments | ||||||
| Valuation brought forward |
1,544,019 | 1,551,831 | ||||
| Acquisitions | 232,876 | 1,822 | ||||
| Disposals | (436,083) | (147,765) | ||||
| Increase/(Decrease) in value |
3,425 | 134,265 | ||||
| Profit/(Loss) on disposal |
on investments | (5,982) | 3,866 | |||
| Valuation carried forward |
1,338,255 | 1,544,019 | ||||
| Schedule ofAssets —See appendix | 1 | |||||
| Creditors —Amounts falling due within one year |
||||||
| Accruals | 4,830 | 14,164 | ||||
| 4,830 | 14,164 |