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||||||Period to|Period to|Period to|Period to|
|---|---|---|---|---|---|---|---|---|
||||||313'March,|31"March,|31*'March,|31"March,|
||||||2021|2021|2021|2021|
|||||Note|Unrestricted|Restricted|Endowment|Total funds|
||||||income fund|income fund|funds||
||||||E|E|E||
|Incoming resources|||||||||
|Investment
income|||||||53,694|53,694|
|Donations||||||32500||~32500|
|Total incoming resources||||||32500|53 694|86194|
|Resources expended|||||||||
|Administration
costs||||4|3,384|11,499||14,883|
|Charitable
activities||||5|6000|~55 000|—|61000|
|Total resources expended|||||9384|66 499|-|~75883|
|Net (outgoing)/
incoming||resources|||||||
|before transfers|||||9384|33999|53694|10311|
|Transfers-
annual
endowment|||spend|6|5,793|48,792|(54,585)||
|contribution
to endowment||||||~50000|~50000||
|Net (outgoing)/incoming||resources|||||||
|before other recognised|gains||and||||||
|losses|||||3591|~35 207|49 109|10311|
|Realised and unrealised|(losses) on||||||||
|investment
assets|||||||364 578|364 578|
|Net movement
in funds|||||3591|~33237|413637|374889|
|Reconciliation
offunds|||||||||
|Total funds brought
forward|||||42,566|33,246|1,509,985|1,585,797|
|Total funds carried forward||||10|38975|~1961|1923672|1963686|
##
|||||Period to|Period to|Period to|Period to|
|---|---|---|---|---|---|---|---|
|||||5m April,|5c0April,|5'"April,|5'"April,|
|||||2020|2020|2020|2020|
||||Note|Unrestricted|Restricted|Endowment|Total funds|
|||||income fund|income fund|funds||
|||||f|f|f||
|Incoming resources||||||||
|Investment
income||||||53,322|53,322|
|Donations|||||30000||~30000|
|Total incoming resources|||||30000|53322|~83322|
|Resources expended||||||||
|Administration
costs|||4|1,883|||1,883|
|Charitable
activities||||7085|||~47 085|
|Total resources expended||||8968|~40000||~48968|
|Net (outgoing)/
incoming||resources||||||
|before transfers||||~8968|~10000|53 322|34354|
|Transfers|||6|10076|10000|~20 076||
|Net (outgoing)/incoming||resources||||||
|before other recognised||gains and||||||
|losses||||1108||33246|34354|
|Realised and unrealised|(losses) on|||||||
|investment
assets||||||~221 040|~222 040|
|Net movement
in funds||||1108||~87794|~86 686|
|Total funds carried forward|||10|42 566|33 246|1509985|1585 797|
##
||||31"March,|31"March,|31"March,|313'March,|313'March,|
|---|---|---|---|---|---|---|---|
||||2021||2021|2021||
|||Note|Unrestricted||Restricted fund|Total funds||
||||fund|||||
||||E|||||
|Fixed assets||||||||
|Heritage asset||7|||75,000|75,000||
|Investments||8|189|703|1 6'l7 014|1836|717|
|Total fixed assets|||189|703|1722014|1911717||
|Current assets||||||||
|Prepayments||||296|||296|
|Cash at bank|||44|135|8767|52|902|
|Total current|assets||44|431|8767|53|198|
|Liabilities||||||||
|Creditors falling due within one||||||||
|year||9|47229|||4,229||
|Net current assets|||40|202|8767|48|69|
|Total assets|less current|||||||
|liabilities|||229|905|173D781|1960|686|
|Creditors falling due after more||||||||
|than one year||||||||
|Net assets|||229|905|1730781|196D|686|
|Funds ofthe|charity|||||||
|Endowment
Income funds|funds||190,930
38975||1,732,742
~1961|1,923,672
36560||
|Total charity|funds|10|229|905|173D781|1960|686|
##
||||sr0 April,|sr0 April,|5'"April,|5'"April,|
|---|---|---|---|---|---|---|
||||2020||2020|2020|
|||Note|Unrestricted||Restricted fund|Total funds|
||||fund||||
||||E||||
|Fixed assets|||||||
|Heritage asset||7|||75,000|75,000|
|Investments||8|152|556|1282 429|1434985|
|Total fixed assets|||152556||1357429|1509 985|
|Current assets|||||||
|Prepayments||||394|||
|Cash at bank|||43|372|33246|76 618|
|Total current|assets||43|766|33246|77012|
|Liabilities|||||||
|Creditors falling due within one|||||||
|year|||(1,200)|||(1,200)|
|Net current assets|||42|566|33246|75812|
|Total assets less current|||||||
|liabilities|||195122||1390675|1585 797|
|Creditors falling due after more|||||||
|than one year|||||||
|Net assets|||195122||1390675|1585797|
|Funds ofthe|charity||||||
|Endowment|funds||152,556||1,357,429|1,509,985|
|Income funds|||42|566|33246|75 812|
|Total charity|funds|10|195122||1390675|1585797|
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||||2021|2021||2020|2020|
|---|---|---|---|---|---|---|---|
||||f|||f||
|Independent|examiner|||1,200||1,200||
|Website||||738|||459|
|Bank charges||||99|||79|
|Investment|management||12,846|||||
|Library|||||||145|
||||14883|||1|883|
|In 2019/ 20|investment|management|costs were not|separately|id|entified.||
##
||||2021|2020|
|---|---|---|---|---|
||||f|f|
|Unrestricted|fund||||
|London Youth|Rowing- 2021grant||3,000|3,000|
|commitment||for 2022 grant|3,000||
|LSE Rowing Club||||4,085|
|Restricted fund|||||
|Leander Club|||55 000|~40 000|
||||61000|47 085|
##
||Unrestricted|Restricted|Restricted|
|---|---|---|---|
||f|f||
|Opening
value ofendowment||||
|funds as at 6'" April, 2020|152556|1|337423|
|A(i(I:||||
|investment
income|5,673||48,021|
|investment
gains/
(losses)|38,494||326,084|
|Contribution
to endowment|||50,000|
|Transfer to income fund|(5,793)||(48,792)|
|Closing value ofendowment||||
|funds as at31"March, 2021|190930|1|732 742|
##
|7.|Fixed assets: heritage asset|||
|---|---|---|---|
||At fair value:|||
||at 5'" April, 2020|75000|75000|
||at 31"March 2021|75000|75000|
##
|||2021|2020|2020||
|---|---|---|---|---|---|
|||f|f|||
|Opening
market|value as at 6'" April|1,434,985||1,556,025||
|Additions
at cost||50,000||||
|Investment
management
fees||(12,846)||||
|Gains/ (losses) in|period|~364578||121040||
|Closing market value as at 31"March||1836111||1434983||
|(2020, 5'" April)||||||
|Investments
are|all invested
in the Sarasin Endowments
Fund, an||authorised||u|
|fund
authorised|by the Financial
Conduct
Authority
and registered|||with the||
|Commission.
The Fund seeks to allocate its assets as to 70per cent. in shares||||||
|100companies
listed on major stock exchanges||around the world,||as to 15|p|
|in bonds, as to 5|per cent. in real estate investments,
and as to 10per cent.||||in|
|alternatives.||||||
|Creditors||||||
|||2021||2020||
|||f||f||
|falling due within one year||||||
|Accruals||4,229||1,200||
##
##
##
|(a) Fund|movements
—cu|movements
—cu|movements
—cu|rrent period||||||
|---|---|---|---|---|---|---|---|---|---|
|Fund|Balance|||Incoming|Resources|Transfers/|Gains and|Fund||
||b/fwd|||resources|expended|contribution|losses|c/fwd||
||f|||f|f|f|f|f||
|(i) Endowment:|1,357,429|||48,021||(48,792)|326,084|1,732,742||
|restricted||||||50,000||||
|(ii) Endowment:||||||||||
|unrestricted||152,556||5,673||(5,793)|38,494||190,930|
|(iii) Restricted||||||||||
|income||33,246||32,500|(66,499)|48,792|||(1,961)|
|||||||(50,000)||||
|(iv) Unrestricted||||||||||
|income||42|566|-|~9384|5 793|||38975|
|Total|1585||797|86194|~75 883||~364578|1,960,686||
|Fund|movements||—prior period|||||||
|Fund|Balance|||Incoming|Resources|Transfers/|Gains and|Fund||
||b/fwd|||resources|expended|contribution|losses|c/fwd||
||f|||f|f|f|f|f||
|(i) Endowment:|1,438,069|||47,608||(20,076)|(108,172)|1,357,429||
|restricted||||||||||
|(ii) Endowment:||||||||||
|unrestricted||159,710||5,714|||(12,868)||152,556|
|(iii) Restricted||||||||||
|income||33,246||30,000|(40,000)|10,000|||33,246|
|(iv) Unrestricted||||||||||
|income||41458||-|~8968|10076|||42 566|
|Total|1|672|483|83 322|~4&968||~222 040|1|585 797|
##