| Notes | 2021 | 2020 | ||
|---|---|---|---|---|
| F | ||||
| Fixed Assets | ||||
| Investments | 7&8 | F1,394,471 | E1,106,460 | |
| Total Fixed Assets | R1,394,471 | K1,106,460 | ||
| Current Assets | ||||
| Short term deposits | 486,914 | 482,654 | ||
| Cash at Bank and | in hand | 254,126 | 226,636 | |
| Total Current Assets | 741,040 | 709,290 | ||
| Liabilities: | ||||
| Creditors falling due within one year |
10 | 3,120 | 2,240 | |
| Net Current Assets | K737,920 | f707,050 | ||
| Net Assets | f2,132,391 | f.1,813,510 | ||
| Total Funds | f2,132,391 | K1,813,510 |
| Statement of Financial | Statement of Financial | Activities for the | ear | ended 5A ril 2021 |
|
|---|---|---|---|---|---|
| Notes | 2021 | 2020 | |||
| Incoming Resources: |
|||||
| investment income |
34,111 | 39,664 | |||
| Realised gains on investment | assets | 134,350. | 5,637 | ||
| Total Incoming Resources |
8168,461 | R45,301 | |||
| Resources expended | |||||
| Charitable activities |
14,830 | 14,823 | |||
| Total resources expended | K14,830 | 814,823 | |||
| Net incoming resources before other |
|||||
| recognised gains |
153,631 | 30,478 | |||
| Other recognised gains and losses |
|||||
| Unrealised (losses)/gains on |
investment | assets | 165,250 | -181,077 | |
| Net movement on funds |
318,881 | -150,599 | |||
| Fund Balance brought forward 6 April 2020 |
E1,813,510. | F1,964,109 | |||
| Fund Balance carried forward at 5April 2021 | R2,132,391 | K1,813,510 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| F | |||||
| Note 4 - Investment | Income | ||||
| Bank interest | 196 | 593 | |||
| Interest received on | short term deposits | 403 | 1,344 | ||
| Dividends | 33,512 | 37,727 | |||
| 634,111 | 839,664 | ||||
| Note 5 —Charitable | Activities | ||||
| Grants made | 1,000 | 500 | |||
| Support costs: | |||||
| Portfolio management | fees | 11,555 | 12,058 | ||
| Office and administration | 875 | 875 | |||
| Accountancy | fees | 1,400 | 1,390 | ||
| 214,830 | 214,823 |
| Note 6 - Realised gains | on | Investment | Assets | ||
|---|---|---|---|---|---|
| Valuation of investments |
realised at 6 April 2020 | 529,635 | 158,486 | ||
| Cost in year of investments | realised | 28,074 | 66,146 | ||
| Realisation proceeds |
692,059 | 230,269 | |||
| Realised gains | F134,350 | F5;637 |
| Note 7 - Unrealised | gains on | Investment | Assets | .2021 | 2020 |
|---|---|---|---|---|---|
| E | F | ||||
| Value of investments | held 6 April 2020 |
.1,106,460 | 1,258,352 | ||
| Cost of investments | made in the year |
680,470 | 253,817 | ||
| Value of investments | realised | in the year | -557,709 | .-224,632 | |
| 1,229,221 | 1,287,537 | ||||
| Value of investments | held 5 April 2021 | 1,394,471 | 1,106,460 | ||
| Unrealised gains/(losses) during the year |
F165,250 | -F181,077 | |||
| Note 8 - Investments | at Cost | ||||
| Portfolio managed by Barclays |
Private Bank | E1,225,127 | F1,143,808 | ||
| The investments managed by |
Barclays Private Bank are all | ||||
| in companies which are quoted |
on the London Stock Exchange. | ||||
| Note 9 - Short Term | Deposits | ||||
| Barclays Wealth | 13,115 | 9,258 | |||
| Barclays Bank Plc | 473,799 | 473,396 | |||
| E486;914 | E482,654 | ||||
| Note 10 - Sundry Creditors | |||||
| Accrued expenses | E3;120 | F2,240 |