2021-04-05-accounts

			~Pa e
Report ofthe Trustees			2and3
Independent Examiner's		Report
Statement offinancial	activities
Balance Sheet
Notes to the flnanclal	statements		7to 10

				2021		2020
			Unrestricted	Restricted	Total	Total
		Note	Fundsf	Funds E	Fundsf	Funds 6
Income
Investment income			43,977		43,977	61,845
Total income			43,977		43,977	61,845
Expenditure
Raising funds
Investment management	costs		(4,204)		(4,204)	(5,469)
Charitable activities
Donations			(41,500)		(41,500)	(45,600)
Grants paid			(6,000)		(6,000)	(6,000)
Other costs			(4,989)		(4,989)	(6,440)
Total expenditure			(56,693)		(56,693)	(63,509)
Property revaluation						46,000
Net gains/(losses) on investments
Realised (losses)/gains		2	7,827		7,827	(175)
Unrealised (losses)/gains		6n	236,095		236,095	(224,341)
Net movement in funds			231,206		231,206	(180,180)
Reconciliation offunds:-
Funds brought forward			1,025,321	650,000	1,675,321	1,855,501
Total funds carried forward		10	1,256,527	650,000	1,906,527	1,675,321

									Page 6
THE NORMAN		TAYLOR EDUCATI		N	ND	AID FOR		E DERLY TRUST
		RE	ISTERED CHARITY		NUMBER' 284859
		BALANCE SHEET AT				P I	021
					2021				2020
		~No		E		F		8	8
Fixed assets
Tangible fixed assets						650,000			650,000
Investments						1,254,072			1,006,661
Total fixed assets						1,904,072			1,656,661
Current assets
Debtors				50,193				48,603
Bank and cash				19,102				38,871
Total current assets				69,295				87,474
Liabilities
Creditors: amounts	falling due
within one year		9		66,840				68,814
Net current assets						2455			18,660
Total assets less	current liabilities					1,906,527			1,675,321
The funds ofthe charity:
Unrestricted funds		10				1,256,527			1,025,321
Restricted funds		10				650,000			650,000
						1,906,527			1,675,321

	Profit/(Losses)	on sale	of investments
3.	DONATIONS
	Institutions
	David Taylor	Housing	Trust

2021	2020
9	9
2021	2020
	6

GRANTS PA	YA	BLE
						2021f	2020f
Individuals
Educational
The educational		grants	are made to individuals	in accordance	with	the objectives ofthe Charity.
OTHER COSTS
						2021	2020
						9	6
Governance	costs
Legal and administration			costs			2,709	2,646
Professional	valuation		fees				1,484
Accountancy	fees					2,280	2,280
Bank charges							30
						4,989	6,440

TANGIBLE FIXEDASSETS
	Freehold	land
	and buildings
Valuation		6
At 6th April 2020	650,000
Re-valuation
At 5th April 2021	650,000
Depreciation
At 6th April 2020 and 5th April 2021
Net book amount
At 5th April 2021
At 5th April 2020

Trustees have reviewed the current mark the fair value as at 5 April 2021.	Trustees have reviewed the current mark the fair value as at 5 April 2021.	Trustees have reviewed the current mark the fair value as at 5 April 2021.	et and condition	ofthe property and	consider the v	aluation to b
FIXED ASSET INVESTMENTS
All used	for charitable purposes		Brewer &	St.James	Total	Total
			Dolphin	Wealth	2021	2020
			6	6	6	6
Valuation	at 6th April 2020		425,633	581,028	1,006,661	1,246,564
Additions	at cost		120,894		120,894	87,663
Disposals	at market	value	(109,578)		(109,578)	(103,225)
Unrealised	gains/(losses)		157,830	78,265	236,095	(224,341)
Valuation	at 5th April 2021
Historical	cost at 5th April 2021
DEBTORS
Amounts	falling due within one year
				2021		2020
				6		6
Accrued investment		income		8,960		8,570
David Taylor Housing		Trust		41,233		40,033
				50,193		48,603
CREDITORS
Amounts	falling due within one year
				2021 6		2020f
Accrued expenses				4,040		6,014
David Taylor Housing		Trust		62,800		62,800
				66,840		68,814

		At					At
		6th April				Gains/	5th April
		2020	Income	Expenditure	Transfer	(losses)	2021
Unrestricted	funds
General fund		945,321	43,977	(56,693)		243,922	1,176,527
Designated	fund	80,000					80,000
		1,025,321	42,977	(56,693)		243,922	1,256,527
Restricted funds		650,000					650,000