2021-04-05-accounts

		Page
Trustees' Annual Report		1-5
Independent Auditor's	Report	6-7
Statement ofFinancial	Activities
Balance Sheet
Cash Flow Statement		10
Schedule ofInvestments and Income
Notes to the Financial	Statements	12 - 19

					2021	2021	2020
				Note	Unrestricted	Total	Prior year
					funds	funds	total funds
						8
Income from:
Invesnnents					635,666	635,666	680,502
Total					635,666	635,666	680,502
Expenditure	on:
Raising funds					269,109	269,109	230,635
Charitable activities					620,609	620,609	829,338
Total					889,718	889,718	1,059,973
Net income/(expenditure)					(254,052)	(254,052)	(379,471)
Gains/(losses)	on invesnnent		assets	10	2,594,575	2,594,575	(1,367,563)
Net movement	in funds				2,340,523	2,340,523	(1,747,034)
Reconciliation	offunds:
Total funds brought		forward			33,651,703	33,651,703	35,398,737
Total funds carried		forward			35,992,226	35,992,226	33,651,703

		AS AT 5APRI	L 2021
			Note	2021	2020
				Total	Prior year
				funds	funds
					g
Fixed Assets:
Heritage assets			11	17,273,835	17,273,435
Investment property			12	6,372,252	6,365,042
Investments			10	12,362,094	10,066,791
Total Fixed Assets				36,008,181	33,705,268
Current Assets:
Debtors			14	92,454	100,480
Cash at bank			15	451,037	238,647
Total Current Assets				543,491	339,127
Liabilities:
Creditors: Amounts	falling due within	one year	16	(559,446)	(392,692)
Net Current Assets	or Liabilities			(15,955)	(53,565)
Total Net Assets or	Liabilities			35,992,226	33,651,703
The Funds ofthe Charity:
Unrestricted funds				35,992,226	33,651,703
Total Charity Funds				35,992,226	33,651,703

					2021	2020
				Note	Total	Prior year
					funds	total funds
					g	g
Cash generate from operating	activities:
)yet cash provided by (used in) operating		activities		19	(710,955)	(1,124,292)
Cash flows from other sources:
Dividends, interest and rents from investments					635,666	680,502
Proceeds from sale ofinvestments					299,272	359,157
					934,938	1,039,659
Application ofcash:
Purchase ofproperty, chattels, plant and		equipment			(11,593)	(2,199)
Purchase ofinvestments
					(11,593)	(2,199)
Net increase/(decrease) in cash					212,390	(86,832)
Cash at bank and in hand less overdrafls		at	the beginning
ofthe year					238,647	325,479
Cash at bank and in hand less	overdrafts		at year end	20	451,037	238,647

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			FO	R	T	HE YEA	R	ENDED	5A	PRIL 202	1
4.	Investment income												2021	2020
													g
	Income from	investments											111,905	136,643
	Gross interest													504
	Rent from Business Centre												512,611	534,110
	Rent from 22 Cootham Green												11,150	9,245
													635,666	680,502
5.	Expenditure	on raising	funds										2021	2020
														g
	Expenditure	at Business Centre											262,841	222,350
	Investment management		fees										4,529	4,692
	Expenditure	at 22 Cootham Green											1,739	3,593
													269,109	230,635
6.	Charitable activities									Direct			Support
										costs			costs
										(see note 7)		(see note 8)		Total
														g
	Charitable expenditure									575,161			45,448	620,609
7.	Direct costs
	The Charity	undertook	no	direct		charitable		activities	but	awarded	grants		to two	institutions in
	furtherance ofits charitable objectives. These							are as follows:
	Parham Park	Limited												559,411
	Blockley and	District Allotment			Association									15,000
	The Cure Parkinson's Trust													750
	Total for the year													575,161
	Analysis ofgrants made									Grants to			Grants to
										institutions		individuals		Total
													g	g
	Advancement	ofhealth or the saving oflives								750				750
	Advancement	ofcitizenship		or community			development			15,000				15,000
	Advancement	ofthe arts,	culture,			heritage or		science		559,411				559,411
										575,161				575,161

Support costs					2021	2020
Administration	expenses				37,606	34,670
Legal fees						2,542
Bank charges					5	65
Legal Entity Identification			number	fee	70	75
Portfolio Stewardship		fees			7,767	]4,502
Other expenses						557
					45,448	52,411

10.	Fixed asset investments	2021	2020
	Market value brought forward	10,066,791	11,793,511
	Additions
	Less disposal proceeds	(299,272)	(359,157)
	Net gains/(losses) on investments	2,594,575	(1,367,563)
	Market value carried forward	12,362,094	10,066,791
	Geographical analysis	2021	2020
	United Kingdom investments	12,280,536	9,976,979
	Overseas investments	81,558	89,812
		12,362,094	10,066,791

	FORTHE Y	EAR ENDED 5	APRIL 2021
11.Heritage Assets		Parham	Parham
		Estate	Chattels	2021	2020
					g
Cost or valuation	at 6April 2020	4,634, 104	12,639,331	17,273,435	17,273,435
Additions			400	400
Less disposal proceeds
Cost or valuation	at 5 April 2021	4,634, 104	12,639,731	17,273,835	17,273,435

	The Parham	Estate is	leased to Parham	Park Limited (a	registered charity)	registered charity)	registered charity)	who is responsible for	who is responsible for
	preserving,	maintaining	and improving	the property. Parham		Park and its grounds are			opened to the
	general public from Easter to October each year.
12.	Investment	Property		Northwick
				Business	22	Cootham
				Centre		Green		2021	2020
				g					g
	Fair Value at 6 April 2020			6,085,042		280,000	6,365,042		6,362,843
	Additions			7,210				7,210	2,199
	Revaluation
	Fair Value	at 5 April 2021		6,092,252		280,000	6,372,252		6,365,042
	Cost at 5 April 2021			795,943		294,375		1,090,318	1,083,108

				FORTHE YEAR ENDED	5APRIL 2021
14,	Debtors					2021	2020
						8
	Trade debtors					104,755	97,133
	Provision for bad debts					(19,774)	(4,126)
	Tenants deposit	held				7,473	7,473
	Administration	Expenses				2,222
						94,676	100,480
15.	Cash at bank					2021	2020
							g
	Royal Bank of	Scotland		pic		88,141	107,754
	Schroder &Co	Limited				269,477	27,041
	Strutt &Parker					93,419	103,852
						451,037	238,647
16.	Creditors: Amounts		falling due within one year			2021	2020
	Trade creditors					24,639	35,414
	Tenants deposit	due				7,473	7,473
	Accruals and deferred		income			5,711	3,955
	Investment management			fees		70	75
	Grants to Institutions					523,775	345,775
						561,668	392,692
17.	Commitments	made			Annual	Number	Total
					value	ofyears
	No conditions attached:
	Parham Park Limited				n/a	n/a	523,775
							523,775

18.	Movement in funds								2021	2020
										8
	Unrestricted funds:
	Balance brought forward								33,651,703	35,398,737
	Net movement in funds								2,340,523	(1,747,034)
	Balance carried forward								35,992,226	33,651,703
	Net movement in funds included			in the above		are as follows:
									Gains and	Movement
							Income	Outgoings	losses	in funds
							g	8	g	8
	Unrestricted funds						634,419	(888,471)	2,594,575	2,340,523
19.	Reconciliation ofnet income/(expenditure)					to	net		2021	2020
	cash flow from Operating		Activities
									g	8
	Net income/(expenditure)		(as per	the Statement of					(250,069)	(379,470)
	Financial Activities)
	Adjustments for:
	Dividends, interest	and rent from investments							(635,666)	(680,502)
	(Increase)/decrease	in debtors							8,026	(25,969)
	Increase/(decrease)	in creditors							166,754	(38,351)
	Net cash provided by/(used		in) Operating		Activities				(710,955)	(1,124,292)
20.	Analysis ofcash at	bank	and in	hand less overdrafts					2021	2020
									g	g
	Cash at bank and in	hand							451,037	238,647
	Overdratb included	in bank loans		and overdralls			falling
	due within one year
									451,037	238,647