2021-04-05-accounts - The Bacon Charitable Trust

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

		Page
Report ofthe Trustees		1-2
Independent examiners'	report
Balance sheet
Statement offinancial activities
Notes to the accounts
Schedule ofInvestments

							2021		2020
						Unrestricted	Expendable	Total	Total
						income fund	endowment
							fund
					Notes
Incoming	resources
Incoming	resources from generated			funds
Voluntary	income
		-Donations				3,725	18,338	22,063	10,081
		-Legacy
Investment		income
		-Bank income (gross)
		-Accrued Interest
		-Dividend income (net)
Total incoming resources						3,725	18,338	22,063	10,081
Resources		expended
Direct charitable expenditure
		-Donations made			3	23,645		23,645	20,869
		-Property repairs				2,680		2,680	762
		- Sundry expenses				995		995	1,465
						27,320		27,320	23,096
Cost ofgenerating funds
		- Investment management		fees
Governance		costs
		-Independent examiners'		fees		600		600	600
		-Legal fees
						600		600	600
Total resources expended						27,920		27,920	23,696
Net incoming/(outgoing) resources						(24,195)	18,338	(5,857)	(13,615)
Transfer to		income account				24,195	(24,195)
Realised foreign exchange gains/(losses)
Gains/(losses) on investment			assets:
Realised
Unrealised							114,460	114,460	(22,699)
Net movement in funds							108,603	108,603	(36,314)
Fund balances brought forward							343,097	343,097	379,411
Fund balances carried forward							451,700	451,700	343,097

Tangible fixed assets				Freehold
				property
Cost
At 6 April 2020				126,212
Additions in the year
At 5 April 2021				126,212
Net book value
At 5 April 2021				126,212
At 5 April 2020				126,212
Donations made
			2021	2020
RHS Fellows			4,280	4,280
The Buckingham Emergency	Food Appeal (BEFA)		2,500	700
Priscilla Bacon Hospice			6,500
British Library Fellows			1,250
Norton Chapel			40
Norwich Theatre Royal			5,000
Papillon Project			1,000
Red Squirrel Survival Trust			1,000
Songbird Survival Trust			1,000
The Yare Boat Club			500
Kerrie Sheppard -Community	Enterprise		200
Rachel Hutchinson -Community		Enterprise	200
Jennifer Wright - Community	Enterprise		175
East Anglian Air Ambulance				100
Raveningham Church				4,914
Norwich Cathedral Organ Appeal				1,000
Balance Carried Forward			23,645	10,994

Donations made	(Cont'd)
				2021	2020
Balance Brought	Forward			23,645	10,994
The Regal Marsden Cancer Charity					500
The River Trust					5,000
NCFB GolfDay					100
Hobart High School - Community			Enterprise		500
Sophie Campbell	-Community	Entrerprise			300
Hales 8c Loddon Cricket Club					600
Imogen McGregor - Community			Enterprise		375
Raveningham PCC					2,500
				23,645	20,869
Analysis offund	assets and liabilities
			Unrestricted	Expendable	Total
			income fund	endowment
				fund
Tangible Fixed Assets				126,212	126,212
Investments				299,290	299,290
Current assets				28,310	28,310
Current liabilities				(2,112)	(2,112)
				451,700	451,700