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|Reference snd Administrative
Details|Reference snd Administrative
Details||
|---|---|---|
|Trustees' Report||2 to4|
|Statement ofTrustees'|Responsibilities||
|Independent
Auditors'|Report|6to 8|
|Statement ofFinancial|Activities||
|Balance Sheet||10|
|Cash Flow Statement|||
|Notes to the Financial|Statements|12to 20|
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|Statem|ent of|Financial Activities|for the Year Ended|31December|2020|
|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|
|||||2020|2019|
||||Note||g|
|Income and Endowments||from:||||
|Donations
and legacies||||566,719|644,442|
|Charitable
activities||||69,660|185,530|
|Investment
income||||271,660|228,364|
|Total Income||||908,039|1,058,336|
|Expenditure
on:||||||
|Raising funds|||5|(23,339)|(7,330)|
|Charitable
activities
Governance
costs|||6
7|(476,864)
~(3472|(549,155)
~3334|
|Total Expenditure||||(503,675)|559,789|
|Gains/losses
on investment||assets||1,729,272|2,421,448|
|Net movement
in funds||||2,133,636|2,919,995|
|Reconciliation offunds||||||
|Total funds brought|forward|||23,864,179|20„944,184|
|Total funds carried|forward|||25,997,815|23,864,179|
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|||Balance Sheet as at3|1December|2020||
|---|---|---|---|---|---|
|||||2020|2019|
||||Note|||
|Fixed assets||||||
|Tangible assets|||10|3,529,304|3,530,146|
|Investments|||ll|20,894,602|19,020,702|
|||||24,423,906|22,550,848|
|Current
assets||||||
|Stocks|||12|174,165|167,153|
|Debtors|||13|18,758|27,887|
|Cash at bank|and in hand|||1,450,310|1,167,814|
|Creditors: Amounts||falling due within one year|34|1,643,233
~66,324|1,362,854
(49,523|
|Net current|assets|||1,573,909|1,313,331|
|Net assets||||25,997,815|23,864,179|
|Funds ofthe|charity:|||||
|Unrestricted|income|funds||||
|Unrestricted|funds|||25,997,815|23,864,179|
|Total funds||||25,997,815|23,864,179|
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||||2020|2019|
|---|---|---|---|---|
|||Note|s||
|Cash flows from operating|activities||||
|Net cash income|||2,133,636|2,919,995|
|Adjustments
to cash flows from aon-cash items|||||
|Depreciation||5|842|1,123|
|Investment
income
Revaluation ofinvestments||4|(271,660)
~3.723.272|(228,364)
~2.423.448|
||||133,546|271,306|
|Working capital adjustments|||||
|Increase in stocks||12|(7,012)|(3,186)|
|Decrease/(increase)
in debtors||13|9,129|(1,277)|
|Increase in creditors||14|19,801|19,388|
|Net cash flows &om operating|activities||155,464|286,231|
|Cash flows from investing
activities|||||
|Interest receivable and similar|income|4|271,660|228,364|
|Purchase oftangible
fixed assets
Purchase ofinvestments||10
11|~344,628|(6,897)
~237,626|
|Net cash flows &om investing|activities||127,032|16,159|
|Net increase in cash and cash|equivalents||282,496|270,072|
|Cash and cash equivalents
at|I January||1,167,814|897,742|
|Cash and cash equivalents
at|31December||1,450,310|1,167,814|
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|Voluntary|income|
|---|---|
|Donations
and legacies||
|Gift aid|reclaimed|
|Pensions||
|Royalties||
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||||Unrestricted||||
|---|---|---|---|---|---|---|
||||funds|Total|Total||
||||General
f|2020
f|2019
f||
|Other investment|management|costs;|||||
|Administration|ofthe investments||23,339|23,339||7,330|
||||23,339|23,339||7,330|
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|6|Expenditure|on|charitable|activities||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|||
|||||||Total|Total|
||||||General
f|2020f|2019
f|
|Bookshop|||||23,616|23,616|94,291|
|Activities undertaken|||directly||453,248|453,248|454,864|
||||||476,864|476,864|549,155|
||||||||Total|
||||||||expenditure|
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|Governance costs|||||
|---|---|---|---|---|
|||Unrestricted|||
|||funds|Total|Total|
|||General
f|2020f|2019|
|Audit fees|||||
|Audit ofthe financial|statements|3,472|3,472|3,304|
|||3,472|3,472|3,304|
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|10 Tangible fixed assets||||
|---|---|---|---|
||Land and|||
||buildings
f|Motor vehicles|Total
8|
|Cost||||
|At 1 January 2020|3,526,778|53,156|3,579,934|
|At 31December 2020|3,526,778|53,156|3,579,934|
|Depreciation||||
|At 1 January 2020||49,788|49,788|
|Charge for the year||842|842|
|At 31December 2020||50,630|50,630|
|Net book value||||
|At 31December 2020|3,526,778|2,526|3,529,304|
|At 31December 2019|3,526,778|3,368|3,530,146|
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||||||Listed|
|---|---|---|---|---|---|
|||||investments||
||||||8|
|Cost or Valuation||||||
|At I January 2020|||||19,020,702|
|Revaluation|||||1,729,272|
|Additions|||||144,628|
|At 31December|2020||||20,894,602|
|Net book value||||||
|At 31December|2020||||20,894,602|
|At 31December|2019||||19,020,702|
|||||2020|2019|
|Material
investments
included||therein were as follows:||K||
|British Government
Stocks||||1,597,989|1,618,508|
|M&G Charifund|Units|||326,024|837,016|
|JPMorgan Strategic Equity Institutional|||Income Shares|311,103|1,197,915|
|JPMorgan Europe Shares||||311,177|1,327,161|
|Natixis Loomis|Sayles US Equity Leaders Fund|||378,300||
|UBSUS Growth|Class C(Acc)|||376,606||
|HSBC American|Index C fisc)|||374,435||
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|12 Stock|||
|---|---|---|
||2020|2019|
|||f|
|Stocks|174,165|167,153|
|13Debtors|||
||2020|2019|
|||g|
|Trade debtors|3,212|862|
|Prepayments||2,025|
|Other debtors|15,546|25,000|
||18,758|27,887|
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|14 Creditors: amounts|falling due within one year|||
|---|---|---|---|
|||2020|2019|
||||f|
|Trade creditors||36,790|23,196|
|VAT||146|5,994|
|Other creditors||18,071|1,200|
|Accruals||14,317|19,133|
|||69,324|49,523|
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|16 Funds||||||
|---|---|---|---|---|---|
||||||Balance at|
||Balance at 1|||Other|31|
||January|Incoming|Resources|recogaised|December|
||2020f|resources
f|expended
f|gains/0osses)|2020|
|Unrestricted||||||
|General|23,864,179|908,039|(503,675)|1,729,272|25,997,815|
||||||Balance at|
||Balance at 1|||Other|31|
||January|Incoming|Resources|recognised|December|
||2019
f|resources
f|expended|gains/0osses)
f|2019|
|Unrestricted||||||
|General|20944,184|1,058336|~559789|2421,448|23,864,179|
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|Detailed St|atemen|t ofFinancitd Activities for th|e Year Ended 31Decem|ber 2020|
|---|---|---|---|---|
||||Total|Total|
||||2020|2019|
||||s|g|
|Income and Endowments||from:|||
|Donations
and legacies (analysed below)|||566,719|644,442|
|Charitable
activities|(analysed below)||69,660|185,530|
|Investment
income|(analysed below)||271,660|228,364|
|Total income|||908,039|1,058,336|
|Expenditure
on:|||||
|Raising funds (analysed below)|||(23,339)|(7,330)|
|Charitable
activities|(analysed below)||(476,864)|(549,155)|
|Governance
costs|||(3,472)|(3,304)|
|Total expenditure|||(503,675)|(559,789)|
|Gains/losses
on investment||assets (analysed below)|1,729,272|2,421,448|
|Net income|||2,133,636|2,919,995|
|Net movement
in funds|||2,133,636|2,919,995|
|Reconciliation offunds|||||
|Total funds brought|forward||23,864,179|20,944,184|
|Total funds cerned|forward||25,997,815|23,864,179|
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|Detaile|d Stateme|nt of|Financial Activities for|the Year Ended 31Decem|ber 2020|
|---|---|---|---|---|---|
|||||Total|Total|
|||||2020|2019|
|||||f.|f|
|Donations and legacies||||||
|Pensions||||20,383|28,494|
|Appeals and|donations|||526,852|569,298|
|Gift Aid tax|reclaimed|||13,912|39,621|
|Royalties||||5,572|7,029|
|||||566,719|644,442|
|Charitabk
acnvities||||||
|Sales ofpurchased
goods||||69,660|185,530|
|||||69,660|185,530|
|Investmentincome||||||
|Income fiom|other investments|||271,660|228,364|
|||||271,660|228,364|
|Charuable Activuks||||||
|Bookshop||||||
|Purchases||||23,616|94,291|
|||||23,616|94,291|
|Other charitabk
activities||||||
|Depreciation|ofmotor vehicles|||842|1,123|
|Property repairs||||169,121|89,877|
|Maintenance|charges|||61,907|71,186|
|Stafftraining||||2,984|1,326|
|Staffwelfare||||144,559|197,543|
|Equipment
repairs and renewals||||25,479|44,650|
|Exceptional
administrative||expenses||48,356|49,159|
|||||453,248|454,864|
|Charitable
Activities total||expenditure||476,864|549,155|
|Raising funds||||||
|Administration|ofinvestments|||23,339|7,330|
|||||23,339|7,330|
|Gains/losses|oninvestment|assets||||
|(Gain)/loss
on programme||related|investments|1,729,272|2,421,448|