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||SARNIA CHARITABLE TRUST|SARNIA CHARITABLE TRUST|SARNIA CHARITABLE TRUST|||||||
|---|---|---|---|---|---|---|---|---|---|
||Report and Financial Statements
for the year ended 5|||April|2021|||||
|Contents||||||||||
||Legal|and administrative
information||||||||
|2-4|Annual|Report of the Trustees||||||||
||Independent
examiners'
report|||||||||
||Statement
of Financial Activities|||||||||
||Balance Sheet|||||||||
|8-11|Notes|forming part ofthe F1nancial Statements||||||||
|Constitution||Sarnia
Charitable
Trust was established|under|Deed|of Trust||dated||25 July|
|||1979,followed
by a supplemental
Deed dated 23||September||1980.||||
|||The registered
number of the Charity 1s281417.||||||||
|Trustees||DrTimothy
Nigel Dexter Peet||||||||
|||Mrs Christina
Vanessa Elizabeth
Benfield||||||||
|||Mrs Josephine
Apsion||||||||
|||Miss Catherine Peet||||||||
|||Mr Robert Benfield||||||||
|Trust Administrator||800 LLP, Two Snowhill,
Birmingham,
84 6GA||||||||
|||and this is aiso the registered
address of the Trust||||||||
|Independent|Examiners|Mr RMacLaren of Michael
Dufty Partnership|Limited|||||||
|||The Counting
House, 61 Charlotte Street, St Paul's||Square, Birmingham,|||||P3 1PX|
|Bankers||Barclays Bank PLC, Edgbaston
Branch, 38 Hagley Road,|||Birmingham,|||816BNY||
|Investment|Advisors|Smith 8 Williamson
investment
Management,||3rd|Floor,|9|Colmore||Row,|
|||Birmingham,
8328J||||||||
|Solicitors|Shakespeare
Nlartineau
LLP, No 1 Colmore||Square,|Birmingham,||84 6AA||||
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||||||Unrestricted|fund|Unrestricted|fund|
|---|---|---|---|---|---|---|---|---|
||||||2021||2020||
|||||Note|E|E|E|E|
|INCOME AND ENDOWNMENTS||FROM:|||||||
|Investments||||||29,337||38,227|
|Donations
and legacies|||||||||
|TOTAL INCOME||||||29,337||38,227|
|EXPENDITURE ON:|||||||||
|Charitable
activities|||||||||
|Grant making||||3|11,000||21,400||
|Grant related support costs||||4|1,450||1,358||
|Cost of grant making||||||12,450||22,758|
|Other||||||7,675||7,189|
|TOTAL EXPENDITURE||||||20,125||29,947|
|NET INCOME/(EXPENDITURE)||||||9,212||8,280|
|GAINS/(LOSSES)
ON INVESTMENT ASSETS|||||||||
|Unrealised
(losses)/gains
on investments||||5||295,033||(206,104)|
|Realised (losses)/gains|on investment||assets|5||(3,362)||(12,356)|
|NET MOVEMENT
IN FUNDS||||||300,883||(210,180)|
|Total funds brought
forward|||||1,049,786||1,259,966||
|TOTAL FUNDS CARRIED|FORWARD||||1,350,669||1,049,786||
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|||||2021||2020||
|---|---|---|---|---|---|---|---|
|||Note|E|||||
|FIXEDASSETS||||||||
|investments|||||1,277,501||987,080|
|CURRENT ASSETS||||||||
|Debtors||6|9,207|||3,731||
|Cash at bank and in|hand||65,443|||60,643||
||||74,650|||64,374||
|LIABILITIES||||||||
|Creditors
- amounts|falling due within|||||||
|one year||7|1,482|||1,668||
|NET CURRENT ASSETS|||||73,168||62,706|
|NET ASSETS|||||1,350,669||1,049,786|
|THE FUNDS OF THE|CHARITY|||||||
|Unrestricted
funds|||||1,350,669||1,049,786|
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|INVESTM|E|NT INCOME|||
|---|---|---|---|---|
||||2021|2020|
||||E|8|
|Dividends|||29,319|38,202|
|Interest|-|gross|18|25|
||||29,337|38,227|
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|Kent Wildlife Trust|||1,000|
|---|---|---|---|
|Norfolk and Norwich|Naturalists|Society|3,000|
|Norfolk Wildlife Trust|||3,000|
|Ted Ellis Trust|||2,000|
|The Wildlife Trust|||2,000|
||||11,000|
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|||Basis of||||||
|---|---|---|---|---|---|---|---|
|||apportion-|Charitable||Total|Total||
|||ment|activity|Governance|2021|2020||
||||E|E|E|6||
|Independent|Examiner's fee|0/1||420|420||396|
|Other expenses||1/5|1,450|7,255|8,705|8,151||
||||1,450|7,675|9,125|8,547||
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||||2021|2020|
|---|---|---|---|---|
||||E|E|
|Quoted investments|||||
|Market value|6 April 2020||952,953|1,142,976|
|Additions|||176,073|143,064|
|Disposals|||(187,118)|(114,627)|
|Net realised
investment||(losses)/gains|(3,362)|(12,356)|
|Net unrealised|investment|(losses)/gains|295,033|(206,104)|
|Market value|5 April 2021||1,233,579|952,953|
|Uninvested
cash capital|||43,922|34,127|
||||1,277,501|987,080|
|Historicai
Cost at 5 April||2021|992,939|1,007,346|
|There a|re 6|2 investments
constituting
the Fund (exduding|the uninvested
cash capital):||
|---|---|---|---|---|
||||Market||
||||value||
|Fixed interest and stock - 19holding|||384,216|30.1|
|Equities|(all|based in the UK) - 30 holding|594,219|46.5|
|Equities|(overseas) - 13holding||255,144|20.0|
|Uninvested||cash capital|43,922|3.4|
||||1,277,501||
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|6.|DEBTORS|||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||E|E|
||Dividends|||||||||9,207|3,731|
|||||||||||9,207|3,731|
|7.|CREDITORS|||||||||2021|2020|
|||||||||||E|E|
||Independent||Examiner's fee|||||||420|396|
||Accountancy||Fees|||||||1,062|1,272|
|||||||||||1,482|1,668|
|8.|STATEMENT||OF MOYEMENTS|||ON UNRESTRICTED FUNDS||||||
||||||Balance|||Expenditure|||Balance|
||||||5 April|||gains|Et||5 Apni|
|||||||2020|Income|losses||Transfers|2021|
|||||||E|E|E||E|E|
||Investment|Fund||||987,080||||290~421|1~277'501|
||General
Fund|||||62,706|29,337|271,546||(290,421)|73,168|
||Total unrestricted|||funds|1,049,786||29,337|271,546|||1,350,669|
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