## ||||Page| |---|---|---|---| |Legal and administrative||information|| |Trustees
report|||2-6| |Independent
examiners'||report|| |Statement offinancial|activities||| |Balance sheet|||| |Notes to the financial|statements||10-15| ## ## |Charity number|Charity number|306613|| |---|---|---|---| |Registered|Office|University
of Plymouth|| |||New Cooperage|Building| |||Royal William Yard|| |||Plymouth|| |||Devon|| |||PL4 8AA|| |Secretary||Professor
M Fuller|| |Trustees nominated||Mr M Pearson (Chair)|| |by Plymouth|University|Professor J Roberts|| |Trustees Co-opted||Dr P Le Grice|| |||Dr A Jellings|| |||Sir H Studholme|| |||Ms C Drummond|MBE| |Accountants||Wills Accountants|Limited| |||2 Endeavour
House|| |||Parkway
Court|| |||Longbridge
Road|| |||Plymouth|| |||PL6 8LR|| |Bankers||HSBC Bank PLC|| |||4 Old Town Street|| |||Plymouth|| |||PL1 1DD|| |Solicitors||Osborne Clarke|| |||2Temple Back East|| |||Temple Quay|| |||Bristol|| |||BS16EG|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Restricted|2021|2020| |---|---|---|---|---|---|---| ||||funds|funds|Total|Total| |||Notes|||E|F| |Income from:||||||| |Charitable
activities|||671||671|544| |Investments|||54,298||54,298|53,260| |Total|||54,969||54,969|53,804| |Expenditure
on:||||||| |Charitable
activities|||68,150||68,150|63,269| |Total|||68,150||68,150|63,269| |Net (expenditure)/income|||(13,181)||(13,181)|(9,465)| |Net gains on investments||||285,136|285,136|4,583| |Net movement
in|funds||(13,181)|285,136|271,955|(4,882)| |Reconciliation
offunds:||||||| |Total funds brought|forward||3,972|1,734,301|1,738,273|1,743,155| |Transfer between
funds||12|12,300|(12,300)||| |Total funds carried forward|||3,091|2,007,137|2,010,228|1,738,273| ## |Balance
as at 31|sheet
July 2021|||||| |---|---|---|---|---|---|---| |||Notes||2021f||2020
E| |Fixed Assets||||||| |Investments||||2,010,637||1,744,301| |Current Assets||||||| |Cash at bank and in hand|||28,562||52,772|| |Creditors:|amounts|||||| |falling due|within one|||||| |year|||(28,971)||(58,800)|| |Net Current Assets||||(409)||(6,028)| |Net Assets||||2,010,228||1,738,273| |Funds||||||| |Restricted|income funds|11||2,007,137||1,734,301| |Unrestricted|income funds|10||3,091||3,972| |Total funds||||2,010,228||1,738,273| ## ## ## ## ## ## ## |Note|s to financial s|tatem|ent|s
for t|he y|ear en|ded 31 July 2|02|1|| |---|---|---|---|---|---|---|---|---|---|---| |1.5.|Related parties|||||||||| ||Related party transactions||have been identified|||where|significant
influence|is|considered|to exist.| |1.6.|Estimates
and judgements|||||||||| ||Estimates
and judgements||are|included|in the|narrative|within the accounting||policies and the notes to|| ||the financial statements.|||||||||| |2. Charitable
income - by fund||||type||||||| |||||||Unrestricted|||2021|2020| ||||||||Funds||Total|Total| ||||||||E||E|K| ||Grants repayable||||||671||671|| ||||||||671||671|| |3. Investment
income||||||||||| |||||||Unrestricted|||2021|2020| ||||||||Funds||Total|Total| ||||||||||E|K| ||Dividends
on investments||||||54,297||54,297|53,229| ||Interest on cash deposits|||||||||31| ||||||||54,298||54,298|53,260| |4. Costs ofcharitable||activities||by fund|type|||||| |||||||Unrestricted|||2021|2020| ||||||||Funds||Total|Total| |||||||||||f| ||Grants payable||||||62,258||62,258|57,182| ||Trustees and secretary expenses|||||||||65| ||Administration
charge||||||4,920||4,920|4,920| ||Accountancy fees||||||672||672|648| ||Other expenses||||||300||300|454| ||||||||68,150||68,150|63,269| ## ## ## |ts|payable||||||| |---|---|---|---|---|---|---|---| ||||||||Total| |~|Insect pollinator
density||||||9,500| |~|Targeted P: Improving
the||sustainability|of phosphorus
use|in farming||9,989| |~|Capturing
diffuse pollution:||Optimizing
seagrass
meadow
restoration|||to|9,911| ||mitigate the effects of agricultural
fertilisers
in coastal waters||||||| |~|Pathways
of pollution
from||Farming:
Understanding
the fate||of metal||9,492| ||contaminants
in agricultural||catchments|to improve water quality|||| |~|High throughput
screening||to assist the|genetic improvement|ofdiverse fungi||7,323| ||relevant to agriculture||||||| |~|Development
and validation||of high-demensional
biological||monitodng||8,043| |~|Organised
crime, farming|and community||policing|||2,000| ||||||||56,258| ## ||||||||2021|2020| |---|---|---|---|---|---|---|---|---| ||||||||Total|Total| ||||||||E|E| |Expenses|paid|to|trustees|and|Trust|secretary||65| |||||||||65| ## |er recogn|ised
gains and|losses|||| |---|---|---|---|---|---| ||||Restricted|2021|2020| ||||Funds|Total|Total| |||||f|| |Realised gain on sale of units|||9,273|9,273|| |Unrealised
investments|gain on valuation|of Fixed Asset|275,863|275,863|4,583| ||||285,136|285,136|4,583| ## ## ## |||||||||||2021|2020| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||F| |Valuation|at 1 August|||||||||1,744,301|1,739,718| |Sale of income units||||||||||(18,800)|| |Realised|gain on sale of units|||||||||9,273|| |Revaluation
as at 31 July (unrealised)||||||||||275,863|4,583| |Valuation|at 31 July|||||||||2,010,637|1,744,301| |Valuation|taken from|statement||provided||by the fund||manager|CCLA.||| |editors:|amounts|falling due within||||one|year||||| |||||||||||2021|2020| |||||||||||f.|F| |Accruals||||||||||28,971|58,800| |||||||||||28,971|58,800| |This includes
F4,920 owing|||to|the|University||of Plymouth||for financial|and
administrative|services| |provided|(2020:F4,920), and F23,379owing to||||||the University||of Plymouth|for grants
not yet|paid (2020| |F53,232).|||||||||||| |alysis
of net assets between funds|||||||||||| |||||||||Unrestricted||Restricted|Total| |||||||||Funds||Funds|Funds| |||||||||||E|F| |Fund balances at 31 July 2021|||||||||||| |as represented
by:|||||||||||| |Fixed Asset investments||||||||||2,010,637|2,010,637| |Current|assets|||||||28,562|||28,562| |Current|liabilities|||||||(28,971)|||(28,971)| |Transfer|between
funds|||||||3,500||(3,500)|| |||||||||3,091||2,007,137|2,010,228| ## ## ## ## |10.Unrestricted|10.Unrestricted||funds||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||At|1 August|Incoming|Outgoing|At 31July| |||||||||2020|Resources|Resources|2021| |||||||||E|f|K|f| ||Unrestricted||Funds|||||3,972|67,269|68,150|3,091| |Included|within
incoming|||resources||ofthe unrestricted|||funds is the 212,300|transfer from restricted funds.|| |11.Restricted funds|||||||||||| ||||||||At|1 August|Incoming|Outgoing|At 31July| |||||||||2020|Resources|Resources|2021| |||||||||E||F|| ||Restdcted|Funds||||||1,734,301|285,136|(12,300)|2,007,137| |12.Total return|||||||||||| |||||||||||Unapplied|Total| ||||||||||Trust for|Total|Endowment| ||||||||||investment|Return|Fund| ||||||||||f|F|| ||At 1stAugust 2020:||||||||||| ||Gift component
ofthe permanent||||||endowment||850,000|0|850,000| ||Unapplied|total return|||||||0|884,301|884,301| ||||||||||850,000|884,301|1,734,301| ||Movements||during the||year:||||||| ||Investment||return:|dividends||and|interest||||| ||Investment||return:|realised gains||||||9,273|9,273| ||Investment||return:|unrealised||gains||||275,863|275,863| ||Unapplied|total return allocated to income during|||||||||| ||the year|||||||||(12,300)|(12,300)| ||Net movements|||in the|year:|||||272,836|272,836| ||At 31July||2021:||||||||| ||Gift component
of permanent|||||endowment|||850,000||850,000| ||Unapplied|total return||||||||1,157,137|1,157,137| ||||||||||850,000|1,157,137|2,007,137| ||Unapplied||total return||represented|||by:|||| ||Cumulative||gains|equal|to inflation*|||||656,421|| ||Cumulative||gains|above|inflation|||||500,716|| |||||||||||1,157,137|| ## ## ## |Nature oftransaction|||||2021|2020| |---|---|---|---|---|---|---| ||||||F|| |Grants paid by the Trust|||||46,758|53,232| |Grants repaid to the Trust|||||671|| |Administration
charge payable to the University|||||4,920|4,920| |Catering charges paid to|University|Commercial||Services||154| |Plymouth
Limited||||||| |(a 100%owned subsidiary|ofthe University||of|Plymouth)||| ## |The following
pages do|The following
pages do|not form part of|not form part of|the statutory|accounts.|||| |---|---|---|---|---|---|---|---|---| |Detailed Statement of Financial Activities||||||||| |for the year ended 31July 2021||||||||| |||||||2021||2020| |||||||f.||f.| |Incoming
resources||||||||| |Incoming resources from||generating|funds:|||||| |Investment
income||||||||| |Dividends
on investments||||||54,297||53,229| |Interest on cash deposits||||||I||31| |||||||54,298||53,260| |Total incoming
resources||from generating||funds||54,298||53,260| |Total incoming
resources||||||54,298||53,260| |Resources expended||||||||| |Costs ofgenerating
funds||||||||| |Fundraising
trading||||||||| |Cost of goods sold and||other costs||||||| |Charitable
activities||||||||| |Grants payable||||||||| |Grant funding
activities||||||||| |Grants payable|||||62,258||57,182|| |Grants repayable|||||(671)||(544)|| |||||||61,587||56,638| |Grants payable total|expenditure|||||61,587||56,638| |Total charitable
activity|expenditure|||||61,587||56,638| |Governance costs||||||||| |Activities
undertaken|directly|||||||| |Trustees and secretary||expenses|||||65|| |Administration
charge|||||4,920||4,920|| |Accountancy
fees|||||672||648|| |Other expenses|||||300||454|| |||||||5,892||6,087| |Total governance
costs||||||5,892||6,087| |Net (outgoing)/incoming||resources|for the|year||(13,181)||(9,465)| |Total unrestricted
funds||brought forward||||3,972||3,437| |Transfer between funds||||||12,300||10,000| |Total unrestricted
funds||carried forward||||3,091||3,972|