2021-06-30-accounts - Mctimoney Trust

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3.	Investment income
				2021	2020
	Investment income comprises:
	Bank interest			525	1,176
	Dividend income			1,086	1,512
				1,611	2,688
4.	Activities for generating		funds
				2021	2020
	Trust income			96,743	20,000
5.	Net expenditure
				2021	2020
	Net expenditure	is stated	after charging:
	Independent examiner's		fees	2,610	1,980

8.	Fixed asset investments	Fixed asset investments
							Shares in
							subsidiary
							companies
							E
	Cost
	At 1st July 2020 and
	at 30th June 2021						100
	Amounts written	off
	At 1st July 2020 and
	at 30th June 2021
	Net book values
	At 30th June 2021						100
	At 30th June 2020						100
		Country	of	Shareholding		Net assets at	Result for
	Company	incorporation		Class		30th June 2021	the year
	Subsidiary undertaking:
	McTimoney College
	Services Limited	England		Ordinary	100
	The company did not operate during		the year.
9.	Tangible fixed assets						Fixtures,
							Fittings 8
							Equipment f
	Cost
	At 1st July 2020						1,905
	At 30th June 2021						1,905
	Depreciation
	At 1st July 2020						1,260
	Charge						367
	At 30th June 2021						1,627
	Net book value at	30th June 2021					278
	Net book value at	30th June 2020					645

10.	Debtors
						2021	2020
						f	E
	Prepayments and accrued income					871	836
11.	Investments					2021	2020
							f.
	Quoted investments
	Market value at 1st July 2020					1,170,895	1,176,814
	Additions at cost					51,086	1,512
	Proceeds from disposals					(64,104)	(1,644)
	Increase in market value in the year					252,497	(5,816)
	Gain on disposals					3,829	29
	Market value at 30th	June 2021				1,414,203	1,170,895
	The historical cost of	the quoted	investments	was:		850,004	845,845
12.	Creditors: amounts within one year	falling due				2021f	2020
	Other creditors					2,496	5,641
	Accruals and deferred	income				2,900	2,208
						5,396	7,849
13.	Charity funds
	Current Year		At 1st	Interest	Transfers	Expended	At 30th
			July	on	between	in the	June
			2020 E	account	funds K	year f	2021
	Restricted funds
	Bronwen Herbertson	bursary
	Designated funds
	Barbara Minter prize fund		1,000				1,000