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2021-03-31-accounts
|
|
|
Expendable |
2021 |
2020 |
|
|
Unrestricted |
Endowment |
Total |
Total |
|
Notes |
Fund |
Fund |
Funds |
Funds |
|
|
£ |
£ |
£ |
£ |
| Income and Endowments from |
|
|
|
|
|
| Investments |
|
|
|
|
|
| Income from investment portfolio |
|
93,428 |
- |
93,428 |
121,581 |
| Deposit account interest |
|
120 |
- |
120 |
438 |
| Other ncome |
|
|
|
|
|
| Total Income |
|
93,548 |
|
93,548 |
122,019 |
| Expenditure on: |
|
|
|
|
|
| Raising funds |
|
- |
(21,687) |
(21,687) |
(22,416) |
| Charitable activities |
2 |
|
|
|
|
| Grants made |
3 |
(111.737) |
- |
(111,737) |
(82,285) |
| Support costs |
4 |
(18.920) |
|
(18,920) |
(19347) |
| Total Expenditure |
|
(130.657) |
(21.687) |
(152.344) |
(124.048? |
Change in fair value on
investments |
5 |
59.526 |
536.508 |
596,034 |
(366,698) |
| NET INCOMEI(EXPENDITURE) |
|
|
|
|
|
| AND NET MOVEMENT IN FUNDS |
|
22,417 |
514,821 |
537,238 |
(368,727) |
| Fund Balances at 1 April 2020 |
|
351 .345 |
2,739.773 |
3,091,118 |
3,459,845 |
| FUND BALANCES CARRIED |
|
|
|
|
|
| FORWARD AT 31 MARCH 2021 |
|
373.762 |
3.254.594 |
3.628.356 |
..3Q9jjj5 |
|
|
2021 |
2020 |
|
Notes |
£ |
£ |
| FIXED ASSETS |
|
|
|
| Investments |
5 |
3,622,768 |
2,94)817 |
| Cash held for investment |
|
2,104 |
108)00 |
|
|
3,624,872 |
3,049,917 |
| CURRENT ASSETS |
|
|
|
| Short term deposits |
|
102,047 |
101,927 |
| Cash at bank and in hand |
|
100,289 |
49.771 |
|
|
202,336 |
151,698 |
| Creditors: Amounts falling due witnir one year |
Ba |
(198,852) |
(98,997? |
| NET CURRENT ASSETS |
|
3,484 |
52.701 |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
|
3,628,356 |
3,102,618 |
| Creditors: Amounts falling due after one year |
|
|
|
| Grant commitments |
6b |
|
(11.500) |
| NET ASSETS |
|
3.628.356 |
3.091.118 |
| FUNDS |
|
|
|
| Unrestricted funds |
|
373,762 |
351,345 |
| Expendable endowment fund |
|
3.254,594 |
2.739,773 |
| TOTAL FUNDS |
8 |
3.628.356 |
3,091.11.S |
|
2021 |
2020 |
|
£ |
£ |
| Grants made (note 3) |
111,737 |
82,285 |
| Support and administration costs (note 4) |
18,920 |
19,347 |
|
130.657 |
101.632 |
| GRANTS COMMIUED DURING THE YEAR |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Advancing the science and art of nursing |
|
|
| Florence Nightingale Foundation |
- |
34,500 |
| Angela RusKin University |
- |
26.662 |
| Oxford University Hospital NHS Trust |
- |
36.381 |
| Midlands Partnership NHS Foundation Trust |
39,106 |
- |
| University College London |
38,746 |
- |
| South West Yorkshire NHS Trust |
33,885 |
|
| Total granted |
111,737 |
97,543 |
| Less cancelled |
|
|
| The Christie School of Oncology |
- |
- |
| Florence Nightingale Foundation |
- |
(15,000) |
| Underspent grants |
- |
(258) |
| Total per statement of financial activities |
111.737 |
82.285 |
|
|
2021 |
2020 |
|
|
£ |
£ |
| Secretarial and other fees |
|
12,000 |
11,750 |
| Grant |
supervision costs |
704 |
970 |
| Travel |
and subsistence |
- |
645 |
| Printing, postage. stationery and telephone |
|
126 |
434 |
| Miscellaneous |
|
720 |
88 |
| Governance: |
|
|
|
|
Independent examination |
3,420 |
3,300 |
|
Accountancy |
1,950 |
2,160 |
| Total |
|
18.920 |
19,347 |
| FIXED ASSET IN |
VESTMENTS |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
| Quoted Investments |
|
|
|
| Market value as at |
1 April 2020 |
2,941,817 |
3.389,068 |
| Additions |
|
734,754 |
228,669 |
| Disposals |
|
(649,837) |
(309,222) |
| Change in fair value |
|
596.034 |
(366.698) |
| Market value as at |
31 March 2021 |
3.622.768 |
2.941.817 |
| CREDITORS: AMOUNTS FALLING DUE W |
ITHIN ONE YEAR |
|
|
2021 |
2020 |
|
£ |
£ |
| Other creditors |
8,340 |
8.160 |
| Grant commitments (note 7) |
184,962 |
85.287 |
| Investment manager’s fees |
5.550 |
5,550 |
|
198.852 |
98.997 |
| CRED |
ITORS: AMOUNTS FALLING DU |
E AFTER ONE YEAR |
|
|
|
|
2021 |
|
2020 |
|
|
£ |
|
£ |
| Grant |
commitments |
|
- |
11,500 |
|
|
|
- |
11.500 |
|
2021 |
2020 |
|
£ |
£ |
| Grants payable: |
|
|
| Opening balance at 1 April 2020 |
96,787 |
89,791 |
| Granted during the year |
111,737 |
94543 |
| Grants cancelled/underspent |
- |
(15,258) |
| Payments made |
(23,562) |
(75.289) |
| Payable at 31 March 2021 |
|
96.787 |
| 2021 |
|
|
|
|
Expendable |
Unrestricted |
Total |
|
Endowment |
Funds |
2021 |
|
£ |
£ |
£ |
| Investments |
3.260:144 |
364,728 |
3,624,872 |
| Current assets |
- |
202,336 |
202,336 |
| Current liabilities |
(5.550) |
(193.302) |
(198,852) |
| Long term liabilities |
- |
|
|
|
3,254.594 |
373.762 |
3.628.356 |
| 2020 |
|
|
|
|
Expendable |
Unrestricted |
Total |
|
Endowment |
Funds |
2020 |
|
£ |
£ |
£ |
| Investments |
2.745.323 |
304594 |
3,049,977 |
| Currentassets |
- |
151698 |
151.698 |
| Current liabilities |
(5,550) |
(93.447) |
(98.997) |
| Long term liabilities |
- |
(11.500) |
(11,500) |
|
2.739773 |
351,345 |
3,091,118 |
9.
FI |
NANCIAL INSTRUMENTS |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
| Financial |
assets measured at amortised cost |
202,336 |
151,698 |
| Financial |
liabilities measured at amortised cost |
(198,852) |
(110,497) |
| Financial |
assets measured at fair value |
3,624,872 |
3,049,917 |
|
2021 |
2020 |
|
£ |
£ |
| Interest income and expense: |
|
|
| Interest income |
120 |
438 |
| Dividend income |
93,428 |
121,581 |
|
|
|
Expendable |
2020 |
|
|
Unrestrictea |
Endowment |
Total |
|
Notes |
Fund |
Fund |
Funds |
|
|
£ |
£ |
£ |
| Income and Endowments from |
|
|
|
|
| Investments |
|
|
|
|
| Income from investmentportfolio |
|
121,581 |
- |
121,581 |
| Deposit account interest |
|
438 |
- |
438 |
| Otherincome |
|
|
|
|
| Total Income |
|
122.019 |
- |
122,019 |
| Expenditure on: |
|
|
|
|
| Raising funds |
|
- |
(22,416) |
(22,416) |
| Charitable activities |
2 |
|
|
|
| Grants made |
3 |
(82,285) |
- |
(82,285) |
| Supportcosts |
4 |
(19.347) |
- |
(19.347) |
| Total Expenditure |
|
1101.632) |
(22.416) |
(124,048) |
| Change in fair value on |
|
|
|
|
| investments |
|
136.225) |
(330.473) |
(366.698) |
| NET INCOME/(EXPENDITURE) |
|
|
|
|
| AND NET MOVEMENTIN FUNDS |
|
(15,838) |
(352,889) |
(368,727) |
| FundBalances at I April2019 |
|
367,183 |
3,092,662 |
3.459,845 |
| FUND BALANCES CARRIED |
|
|
|
|
| FORWARDAT3I MARCH2020 |
|
351.345 |
2,739.773 |
3.091.118 |