OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

THE VICTOR ADDA FOUNDATION FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARCH 2021

Page
Trustees'
Report
1-3
Independent
Examineds
Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements 7-9

31/03/2021 31/03/2020
Note Unrestricted Unrestricted
Fund Fund
6
Income
Investment
Income
Investment
Ex Gratia Receipt
3 50,694.62 61,612.59
377.84
Total Income
50,694.62 61,990.23
Expenditure
Costs ofraising funds:
SG Kleinwcn
Hambros
investment Management Fees 11,344.83 10,204.60
Expenditure
on
Charitable Activities:
Donations
Support Costs 35,035.00
7,620.00
30,000.00
5,280.00
Total Expenditure 53,999.83 45,484.60
Net Income/(Expenditure) Before Gains and
Losses on investmsnts (3,305.21) 16,505.63
Nst (Losses)/Gains on Investments
Realised
Unrealised
Accnred Income
Book Cost Adjustment
re Union Bsncaire 30,283.56
132,634.91
328.73
(3,034.39)
(27,434.34)
(153,867.65)
510.53
160,212.81 (180,791.46)
Net Movement in Funds in the Year 156,907.60 (164,285.83)
Funds
At 1 April 2020 1,524,274.09 1,688,559.92
Net Movement
ofResources
in the Year 156,907.60 (164,285.83)
At 31 March 2021 61,681,181.69 61,524,274.09

3 I
I
I
nvestment
Income
Income from UK Listed Securities
Investment
Ex Gratia Receipt
2021f
50,694.62
2020
6
61,612.59
377.64
250,694.62 661,990.23
4 Donations to Charitable
Institutions
2021 2020
The Fan Museum
Trust
Karen Kagan
6
30,000.00
5.035.DD
9
30,000.00
635,035.00 230,000.00
5 Analysis of Governance
and Support
Costs
2021 2020
Governance
SG Kleinwort
SG Kleinwort
Costs:
Hambros
Hambros
Trust Company
Trust Company
(UK) Limited Fess
(UK) Limited ARC Fees
6
6,420.00
6
4,020.00
60.00
Independent Examiner's Fees 1,200.00 1,200.0D
27.620.00 65,280.00

Itt lid
nvesmens ste on a recognised Stock Exchange 2021 2020
Market Value Brought Forward 1,249,903.24 6
1,614,668.24
Purchases
Disposals
553,188.20
(391,385.67)
206,151.18
(389,614.19)
1,411,705.77 1,431,205.23
Realised Gain/(Loss)
Unrsalissd
Gain/(Loss)
30,283.56
132,634.91
(27,434.34)
(153,857.65)
Market Value Carried Forward 21,574,624.24 21~9,903.24

8 Debtors
2021 2020
Accrued Income
Dividends
Due
Tax Reclaimable
8
73.00
660.00
11,571,62
8
130.00
4,291.77
11,571.62
8f2,304.62 8I5,993.39
9 Creditors, amounts falling due within one year 2021 2020
8
Independent
Examiner's
SG Kleinwort
Hambros
Fee
Trust Company
(UK) Limited Fees 2,400.00
2,025.00
2,400.00
2,025.00
54,425.00 84,425 00