CORNWALL LEUKAEMIA TRUST ANNUAL REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2020
| Page | |||
|---|---|---|---|
| Trustees' Annual Report |
1-3 | ||
| Independent Examiner's |
Report | ||
| Statement of Financial |
Activities | ||
| Balance Sheet | |||
| Notes to the Accounts | 7-9 |
| YEAR ENDED 31 DECEMBER | 2020 | |||
|---|---|---|---|---|
| Unrestricted | funds | |||
| 2020 | 2019 | |||
| E | F | |||
| Income from: | ||||
| Donations | 7,975 | 17,609 | ||
| Gift Aid | 693 | |||
| Investment income |
19,568 | 29,550 | ||
| Total | 28,236 | 47,159 | ||
| Expenditure on: |
||||
| Charitable activities |
||||
| Patient grants | 10,181 | 13,556 | ||
| Sundry expenses | 172 | 45 | ||
| Website expense | 2,042 | |||
| Bank charges | 13 | |||
| Professional | charges | 10,325 | 10,927 | |
| Salary contribution | 15,350 | 19,919 | ||
| Honorarium | 500 | 500 | ||
| Donation | 50,000 | |||
| Total | 88,570 | 44,960 | ||
| Net (expenditure) | / income | (60,334) | 2,199 | |
| Other recognised | gains and losses | |||
| Unrealised and realised gains/(losses) |
||||
| on investment | assets | (3,639) | 88,588 | |
| Net movement in |
funds | (63,973) | 90,787 | |
| Fund balance brought | forward at 1 January 2020 | 951,327 | 860,540 | |
| Fund balance carried forward at 31 December 2020 | 887,354 | 951,327 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| Note | ||||||
| Fixed | assets | |||||
| Investments | 840,464 | 916,292 | ||||
| 840,464 | 916,292 | |||||
| Current assets | ||||||
| Debtors and prepayments | 1,548 | 1,478 | ||||
| Short term deposits | ||||||
| Monies held with | investment | managers | 28,971 | 24,759 | ||
| Cash at bank and | in | hand | 20,442 | 23,251 | ||
| 50,961 | 49,488 | |||||
| Current liabilities |
||||||
| Creditors and accruals |
(4,071) | (14,453) | ||||
| Net current assets | 46,890 | 35,035 | ||||
| Total | assets less current | liabilities | 887,354 | 951,327 | ||
| Funds | ||||||
| Unrestricted | 887,354 | 951,327 |
| Listed Investments | ||||
|---|---|---|---|---|
| Market value at 1 January 2020 | 916,292 | |||
| Additions | at cost | 85,466 | ||
| Disposal | proceeds | (157,655) | ||
| Unrealised | and realised | gain on revaluation | and disposal | (3,639) |
| Market value at 31 December 2020 | 840,464 |
| Market value a | t 31 Decemb | er 2020 | er 2020 | 840,464 | |
|---|---|---|---|---|---|
| The cost ofthe | investments | at31December 2020amounted | tof689,506 | (2019- f761,793). | |
| The individual | market values ofthe investments | were: | 2020 | 2019 | |
| E | |||||
| Insight Inv. UK |
Government | 15,760 | 14,527 | ||
| Royal Dutch Shell | 18,576 | 33,033 | |||
| BHP Billiton | 13,475 | 12,438 | |||
| Glaxosmithkline | 17,178 | 27,397 | |||
| Vodafone Group | 12,538 | ||||
| Artemis Europe |
14,068 | ||||
| Artemis US |
24,899 | 21,657 | |||
| Dodge 8 Cox JP Morgan US Equity Income Aviva —UK US Equity |
12,169 69,167 15,753 |
12,192 73,523 16,816 |
|||
| Allianz Global | 20,467 | 23,434 | |||
| HSBC | 10,358 | ||||
| First Sentier | 19,664 | 23,634 | |||
| Jupiter | 14,989 | 14,564 | |||
| Informa | 12,067 | ||||
| Aegon AM | 15,174 | 14,340 | |||
| Muzinich | 14,284 | 19,504 | |||
| PIMCO Global | 19,514 | 29,982 | |||
| CF Milton | 21,878 | 21,021 | |||
| BNY Mellon Fund | 14,243 | 14,099 | |||
| BNY Melion Fund: Global | 12,243 | 12,392 | |||
| StJames' Place | 13,683 | ||||
| invesco Perpetual | 20,487 | ||||
| British Land | 10,412 | ||||
| Henderson | 19,701 | 22,752 | |||
| Ferguson Reckitt Benckiser |
16,435 9,813 |
12,673 14,403 |
|||
| Rio Tinto | 19145 | 15761 | |||
| 404,527 | 543,755 |
| The individual market v |
alues | ofth | e investm | ents were ( |
continued): | |
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| E | E | |||||
| 3I Group | 18,401 | 17,447 | ||||
| Blackrock Investments | 14,152 | |||||
| BP | 5,032 | 9,314 | ||||
| Diaego Experian |
14,246 15,829 |
15,842 21,054 |
||||
| Fil Inv | 14,908 | 14,262 | ||||
| Findlay Park IGNIS Asset Management |
22,031 | 19,870 10,302 |
||||
| Ninety One Managers | Diversified | Income | 15,188 | 15,103 | ||
| Legg Mason M8G UK |
12,820 10,801 |
10,527 10,485 |
||||
| Morgan Stanley Investment | Management: | Asia | 23,767 | 16,137 | ||
| National Grid |
9,775 | 10,671 | ||||
| TR Property SSGA |
16,190 20,972 |
19,090 17,650 |
||||
| Schroder | 14,848 | 14,698 | ||||
| Unilever | 13,615 | 13,487 | ||||
| Baillie Gifford American | 22,657 | |||||
| JP Morgan AM UK |
11,357 | 9,998 | ||||
| JP Morgan Global Emerging | Fund | 10,618 | 9,892 | |||
| Legal and General | 10,275 | |||||
| Lindsall Train |
16,098 | |||||
| Premier Porffolio European | 14,336 | |||||
| Twenty Four Global Others less than f10,000 |
20,580 101,593 |
102,556 | ||||
| 840,464 | 916,292 | |||||
| CREDITORS | ||||||
| 2020 | 2019 | |||||
| E | ||||||
| Accruals | 4,071 | 13,823 | ||||
| Trade Creditors | 630 | |||||
| 4,071 | 14,453 |