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|||||Page|
|---|---|---|---|---|
|Reference and administrative||details ofthe charity, its trustees|and advisers||
|Council members'<br>report|||||
|Independent<br>auditors'|report|||7-9|
|Statement offinancial|activities|||10|
|Balance sheet|||||
|Notes to the financial|statements|||12-24|





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|Council m|e|mbers|||||
|---|---|---|---|---|---|---|
||||Lord Balniel||||
||||N J Barker||||
||||The Hon RJ E Elliott||||
||||SP Weil||||
||||The Earl ofWoolton||||
||||Dr W Zachs||||
|Company|registered||||||
|number|||02101229||||
|Charity registered|||||||
|number|||296766||||
|Registered||office|50 Broadway||||
||||Westminster||||
||||London||||
||||SW1H OBL||||
|Company|secretary||Broadway Secretaries||Limited||
|Independent||auditors|EQ Accountants|LLP|||
||||Chartered<br>Accountants||||
||||14 City Quay||||
||||Dundee||||
||||DD1 3JA||||
|Bankers|||The Royal Bank|of Scotland|||
||||Kirkcaldy Branch||||
||||23/25 Rosslyn Street||||
||||Kirkcaldy||||
||||Fife||||
||||KY1 3HW||||
|Solicitors|||Charles Russell|Speechlys|||
||||5 Fleet Place||||
||||London||||
||||EC4M 7RD||||
|Investment||managers|James Hambro<br>& Partners|||LLP|
||||45 Pall Mall||||
||||London||||
||||SW1Y5JG||||





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|FOR THE YEAR E|NDED 5|APRIL 2021||||||
|---|---|---|---|---|---|---|---|
||||||||As restated|
|||||Unrestricted|Endowment|Total|Total|
|||||funds|funds|funds|funds|
|||||2021|2021|2021|2020|
|||||E||E|E|
|Income and endowments||from:||||||
|Donations<br>and legacies|||2|15,513||15,513|41,603|
|Charitable<br>activities|||4||||8,469|
|Investments|||3|137,309||137,309|186,969|
|Other income|||5|16,577||16,577|36,120|
|Total income and|endowments|||169,399||169,399|273,161|
|Expenditure<br>on:||||||||
|Raising funds||||17,189|42,112|59,301|51,794|
|Charitable<br>activities|||8,7|232,846||232,846|214,489|
|Total expenditure||||250,035|42,112|292,147|266,283|
|Net income f(expenditure)||before||||||
|investment<br>gains/(losses)||||(80,636)|(42,112)|(122,748)|6,878|
|Net gains/(losses)|on investments||12||1,097,541|1,097,541|(454,244)|
|Net income I(expenditure)||before other||||||
|recognised<br>gains and losses||||(80,636)|1,055,429|974,793|(447,366)|
|Net movement<br>in|funds|||(80,636)|1,055,429|974,793|(447,366)|
|Reconciliation<br>of|funds:|||||||
|Total funds brought|forward|||749,075|5,592,450|6,341,525|6,788,891|
|Total funds carried forward||||668,439|6,647,879|7,316,318|6,341,525|





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|INCOME FR|OM|DONATIONS<br>AND LEG|ACIES||||
|---|---|---|---|---|---|---|
||||Unrestricted|Endowment|Total|Total|
||||funds|funds|funds|funds|
||||2021|2021|2021|2020|
|||||5|5||
|Lord Balniel|||13,253||13,253|4,428|
|Donations||||||2,175|
|The Lindsay|Trust|||||35,000|
|Coronavirus|Job Retention Scheme||2,260||2,260||
|Total donations||and legacies|15,513||15,513|41,603|
|Total 2020|||41,603||41,603||



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|Investment<br>income|||||
|---|---|---|---|---|
||Unrestricted|Endowment|Total|Total|
||funds|funds|funds|funds|
||2021|2021|2021|2020|
||6|5|5|E|
|Rent and service charge income|67,312||67,312|68,179|
|UK listed investments|30,649||30,649|78,255|
|Foreign listed investments|39,348||39,348|40,535|
||137,309||137,309|186,969|
|Total 2020|186,969||18S,9S9||



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|Income from charitable<br>acti|vities||||
|---|---|---|---|---|
||Unrestricted|Endowment|Total|Total|
||funds|funds|funds|funds|
||2021<br>6|2021<br>5|2021<br>5|2020f|
|Visiting groups||||8,469|
|Tolal 2020|8,469||8,469||





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|||Unrestricted|Endowment|Total||Total|
|---|---|---|---|---|---|---|
|||funds|funds|funds||funds|
|||2021<br>K|2021<br>F|2021f||2020f|
|Miscellaneous|Income|381|||381||
|Single farm payment||15,121||15,121||15,758|
|Reproduction|fees|1,075||1,075|||
|Venue hire||||||20,362|
|||16,577||16,577||36,120|
|Total 2020||36,'f20||36,|120||



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|||||||5 April|5April|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Endowment|Total|Total|
|||||funds|funds|funds|funds|
|||||2021<br>6|2021f|2021|2020|
|Investment|management||fees||42,112|42,112|40,728|
|Rental property||insurance||2,112||2,112|2,033|
|Rental property||repairs||15,077||15,077|9,033|
|Total||||17,189|42,112|59,301|51,794|





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|Direct|costs|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||Total|Total|
||||||||Activities|2021|2020|
||||||||6|6||
|Property|heat 6 light||||||18,375|18,375|14,955|
|Property|insurance||||||20,091|20,091|17,469|
|Property|repairs<br>&maintenance||||||71,769|71,769|58,461|
|Sundry|expenses||||||2,939|2,939|1,744|
|Garden|vehicle & machinery|||repairs|||5,704|5,704|1,522|
|Garden|sundry costs||||||8,222|8,222|10,055|
|Staff costs - council tax|||||||1,139|1,139|1,093|
|Conservation<br>&restoration|||||||2,843|2,843|2,358|
|Wages|and salaries||||||59,029|59,029|57,701|
|National|insurance||||||453|453|1,391|
|Pension|cost||||||2,335|2,335|2,249|
|Depreciation|||||||24,431|24,431|27,290|
||||||||217,330|217,330|196,288|
|Total 2020|||||||179,809|179,809||
|Governance costs||||||||||
||||||Unrestricted||Endowment|Total|Total|
||||||funds||funds|funds|funds|
||||||2021<br>6||2021<br>6|2021<br>6|2020f|
|Auditors'|remuneration||||7,100|||7,100|6,100|
|Auditors'|non audit costs||||4,700|||4,700|4,000|
|Telephone||||||328||328|242|
|Legalfees|||||3,059|||3,059|7,082|
|Sundry|expenses|||||329||329|777|
||||||15,516|||15,516|18,201|
|Net income/(expenditure)||||||||||
|This is stated after charging:||||||||||
|||||||||2021|2020|
|||||||||6|6|
|Depreciation<br>oftangible|||fixed|assets:||||||
|-|owned<br>by the charity|||||||24,430|27,290|
|Auditors'|remuneration|-|audit|||||7,100|6,100|



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|Staff costs<br>Staff costs were as follows:|||
|---|---|---|
||2021|2020|
||F|5|
|Wages and salaries|59,029|57,701|
|Social security costs|453|1,391|
|Other pension costs|2,335|2,249|
||61,817|61,341|



||2021|2020||
|---|---|---|---|
||No.|No.||
|Gardens|||2|
|Housekeeping|||1|





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|11.|Tangible fixed assets|||||||
|---|---|---|---|---|---|---|---|
|||Land &|||Tractors &|||
|||buildings|Tenant's|Tools &|motor|Heritage||
|||leasehold|imprvments|equipment|vehicles|assets|Total|
|||E|E|E|E|F|E|
||Cost|||||||
||At 6 April 2020 (as|||||||
||previously<br>stated)|234,158||30,351|34,005|108,862|407,376|
||Prior year adjustment||554,918||||554,918|
||At 6 April 2020 (as|||||||
||restated) and 5 April|||||||
||2021|234,158|554,918|30,351|34,005|108,862|962,294|
||Depreciation|||||||
||At 6 April 2020 (as|||||||
||previously<br>stated)|113,187||30,349|31,492||175,028|
||Prior year adjustment||293,227||||293,227|
||At 6 April 2020 (as|||||||
||restated)|113,187|293,227|30,349|31,492||468,255|
||Charge for the year|7,320|16,479|2|629||24,430|
||At 5 April 2021|120,507|309,706|30,351|32,121||492,685|
||Net book value|||||||
||At 5 April 2021|113,651|245,212||1,884|108,862|469,609|
||At 5April 2020(as|||||||
||restated)|120,971|251,691|2|2,513|10&862|494,039|





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||||||||Listed|
|---|---|---|---|---|---|---|---|
||||||||securities|
||||||||6|
|Market value||||||||
|At 6 April 2020|||||||5,828,194|
|Additions|||||||3,541,621|
|Disposals|||||||(1,860,969)|
|Revaluations|||||||910,176|
|Gain on disposals|||||||187,356|
|Movements|in|cash held within|the investment|portfolio|||(1,764,524)|
|At 5 April 2021|||||||6,841,854|
|Investments||at market value|comprise:|||||
|||||UK|Overseas|2021|2020|
|||||6|6|6||
|Listed investments||||2,603,482|4,238,372|6,841,854|5,828,194|
|Debtors||||||||
|||||||2021|2020|
||||||||8|
|Other debtors||||||11,373|18,364|
|Prepayments||and accrued income||||3,805|21,484|
|||||||15,178|39,848|



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|14.|Creditors: Amounts|falling due within one year|||
|---|---|---|---|---|
||||2021|2020|
||||6||
||Trade creditors||6,025|7,207|
||Other taxation and social security||1,106|1,119|
||Other creditors|||757|
||Accruals and deferred|income|24,057|21,568|
||||31,188|30,551|





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|Statement|offunds|- current year||||||
|---|---|---|---|---|---|---|---|
||||Balance at 6|||Gains/|Balance at 5|
||||April 2020|Income|Expenditure|(Losses)|April 2021|
||||E|E||E|E|
|Unrestricted|funds|||||||
|General<br>Funds - all||funds|749,075|169,399|(250,035)||668,439|
|Endowment|funds|||||||
|Endowment|fund||5,592,450||(42,112)|1,097,541|6,647,879|
|Total of funds|||6,341,525|169,399|(292,147)|1,097,541|7,316,318|
|Statement offunds||- prior year||||||
||||Balance et|||Gainer|Balance al 5|
||||5April 2019<br>f|Income<br>E|Expenditure<br>E|(Losses]|April 2020<br>E|
|General Funds - all||funds|701,469|273,161|(209,075)|(15,479)|749,075|
|Endowment||funds||||||
|Endowment|fund||6,087,422||(40,728)|(454,244)|5,592,450|





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||||Balance at 6|||Gains/|Balance at 5|
|---|---|---|---|---|---|---|---|
||||April 2020|Income|Expenditure|(Losses)|April 2021|
||||E|E|E|E|E|
|General funds|||749,075|169,399|(250,035)||668,439|
|Endowment|funds||5,592,450||(42,112)|1,097,541|6,647,879|
||||6,341,525|169,399|(292,147)|1,097,541|7,316,318|
|Summary||offunds - prior year||||||
||||Balance at|||Gains'|Balance at 5|
||||6April 2019|Income|Expenditum|(Losses)|April 2020|
||||E|E|E|E|E|
|General funds|||701,459|273,161|(209,07S)|(18,479)|749,075|
|Endowment|funds||6,087,422||(40,728)|(454,244)|5,592,450|
||||6,788,891|273,1S1|(249,804)|(470,723)|6,341,525|





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