||||Page||
|---|---|---|---|---|
|Reference and administrative
details|||||
|Report ofthe|trustees|2|to|4|
|Independeat|examiner's
report||||
|Statement of|financial activities||||
|Balance sheet|||||
|Notes to the financial statements||8|to|14|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||||||Expendable|||
|||||Unrestricted|Endowment|Total|Total|
|||||fund|Fund|funds|funds|
||||Notes||||6|
|INCOME AND ENDOWMENTS FROM||||||||
|Investment
income|||2|158,089||158,089|227,478|
|EXPENDITURE|ON|||||||
|Raising funds|||||123,045|123,045|118,039|
|Charitable
activities||||||||
|Support costs||||25,091||25,091|27,966|
|Grants||||77,500|20,000|97,500|257,500|
|Total||||102,591|143,045|245,636|403,505|
|Net gains/(losses)|on investnients||||4,919389|4,919,3811|~835 8133|
|NET INCOME/(EXPENDITURE)||||55,498|4,776,335|4,831,833|(1,014,840)|
|Transfers
between funds||||~55,4983|55,498|||
|Net movement
in|funds||||4,831,833|4,831,833|(1,014,840)|
|RECONCILIATION||OF FUNDS||||||
|Total funds brought||forward|||12,233,925|12,233,925|13,248,765|
|TOTAL FUNDS CARRIED FORWARD|||||17,1165,758|17,1165,758|1223',925|
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||||||2021|2020|
|---|---|---|---|---|---|---|
|||||Expendable|||
||||Unrestricted|Fndowment|Total|Total|
||||fuliil|Fultd|funds|funds|
|||Notes|f||||
|FIXED ASSETS|||||||
|Investments||||16,237,998|16,237,998|11,715,309|
|CURRENT ASSETS|||||||
|Debtors||||13,905|13,905||
|Cash at bank||||843,630|843,630|777,686|
|||||857,535|857,535|777,686|
|CREDITORS|||||||
|Aniounts
falling due withm|one year|10||(29,775)|(29,775)|(259,070)|
|NET CURREN'I' ASSI'.TS||||827,760|827,760|518,616|
|TOTAL ASSETSLESSCURRENT|||||||
|LIABILITIES||||17,065,758|17,065,758|12,233.925|
|NET ASSETS||||17,065,758|17065,758|12,233,925|
|FUNDS|||||||
|Endowment
funds|||||17,065,758|12,233.925|
|TOTAL FUNDS|||||17,065,758|12,233.925|
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|Raising d|onations
an|d legacies||||
|---|---|---|---|---|---|
|||||2021|2020|
|Stonehage|Fleming/R|F Trustee Co|fees|1,598|2,243|
|Rothschild|Investment|management|fees|121,447|115,796|
|||||123,045|118,039|
|GRANTS|PAYABLE|||||
|||||2021|2020|
|Grants||||97,500|257,500|
|The total grants paid to institutions|||during the year was as follows:|||
|||||2021|2020|
|||||8||
|Cambridge|House Opera Contpany||||15,000|
|Children's|Burns Trust||||25,000|
|Gerry's Pompeii|||||25,000|
|Hands Vp|Foundation|(Syria)|||15,000|
|New English Ballet Trust||||25,000|50,000|
|Other donations
made||(under $15,000)||37,500|127,500|
|Manchester|Global Foundation|||15,000||
|Museum ofMusic History||||20,000||
|||||97,500|257,500|
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||Governance||
|---|---|---|
|Finance|costs|Totals|
||5|5|
|228|24,863|25,091|
||2021|2020|
||Support|Total|
||costs|activities|
||228|200|
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|||||Expendable||
|---|---|---|---|---|---|
||||Unrestricted|Endowment|Total|
||||fund|Fund|funds|
|INCOME AND ENDOWMENTS||FROM||||
|Investment
income|||227,478||227,478|
|EXPENDITURE ON||||||
|Raising funds||||118,039|118,039|
|Charitable
activities||||||
|Support costs|||27,966||27,966|
|Grants|||207,500|50,000|257,500|
|Total|||235,466|168,039|403,505|
|Net gains/(losses)
on investments||||~838.8)3)|~838813)|
|NET INCOME/(EXPENDITURE)
Transfers
between
funds|||(7,988)
7.988|(1,006,852)
~7.988)|(1,014,840)|
|Net movement
in funds||||(1,014,840)|(1,014,840)|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought|forward|||13,248,765|13,248,765|
|TOTAL FUNDS CARRIED FORWARD||||12,233,925|12,233,925|
##
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|8.|FIXEDASSETINVESTMENTS|FIXEDASSETINVESTMENTS|FIXEDASSETINVESTMENTS|||||
|---|---|---|---|---|---|---|---|
||||||Listed|Unlisted||
||||||investments|investments|Totals|
||||||5|||
||MARKET VALUE|||||||
||At 6 April 2020||||11,163,685|5513624|11,715,309|
||Additions||||2,980,579|176,023|3,156,602|
||Disposals||||(2,553,381)|(267,468)|(2,820,849)|
||Revaluations
Reclassification/transfer||||4,615,415
~21,9)7)|(428,479)
21,917|4,186,936|
||At 5 April 2021||||161114381|53617|1623799~|
||NET BOOK VALUE|||||||
||At 5 April 2021||||16,184,381|53,617|16,237,998|
||At 5 April 2020||||11,163,685|551,624|11,715,309|
||Cost or valuation|at 5 April 2021 is represented||by:||||
||||||Listed|Unlisted||
||||||investments|investments|Totals|
||||||8|8||
||Historic cost
Valuation||||II9297981I
4,886, 5711|1049596
~5ll, 979)|11,402,407
4,835,591|
||||||16,184,381|53,617|16,237,998|
||DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
|||||||2021|2020|
|||||||8||
||Prepayments
and|accrued|income|||13,905||
|10.|CREDITORS: AMOUNTS FALI.ING DUE|||WITHIN ONE YEAR||||
|||||||2021|2020|
||||||||f.|
||Other creditors|||||29,775|259,070|
|11.|MOVEMENT IN FUNDS|||||||
||||||Net|Transfers||
||||||movement|between|At|
|||||At 6.4.20|in funds|funds|5.4.21|
||Unrestricted
funds|||||||
||General
fund||||55,498|(55,498)||
||Endowment
funds|||||||
||Expendable
Endowment||Fund|12,233,925|4,776,335|55,498|17,065,758|
||TOTAL FUNDS|||12,233,925|4,831,833||17,065,758|
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||||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|---|
||||||resources|expended|losses|in funds|
|||||||||6|
|Unrestricted||funds|||||||
|General
fund|||||158,089|(102,591)||55,498|
|Endowment||funds|||||||
|Expendable|Endowment||Fund|||(143,045)|4,919,380|4,776,335|
|TOTAL FUNDS|||||158,089|~245,636)|4&919,380|4,831,833|
|Comparatives||for movement||in funds|||||
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 6.4.19|in funds|funds|5.4.20|
|Unrestricted||funds|||||||
|General
fund||||||(7,988)|7,988||
|Endowment||funds|||||||
|Expendable|Endowment||Fund||13,248,765|(1,006,852)|(7,988)|12,233,925|
|TOTAL FUNDS|||||13.248.765|~3,434,8483||12233,925|
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|||||6|||
|Unrestricted|funds||||||
|General
fund|||227,478|(235,466)||(7,988)|
|Endowment|funds||||||
|Expendable|Endowment|Fund||(168,039)|(838,813)|(1,006,852)|
|TOTAL FUNDS|||227,478|(403,505)|(838,813)|(1,014,840)|
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