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|---|---|---|---|---|
|Trustees|Annual
Report|||1-4|
|Independent||Examiner's|Report||
|Statement of||Financial|Activities||
|Balance|Sheet||||
|Notes to|the Accounts|||8-14|
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|Trustees:||||||
|---|---|---|---|---|---|
|- Co-opted|||Mrs. A. Heath
- (Chair)|||
||||Mrs. L. Hodgkin|||
||||Mrs. I. Morrow|||
||||Mrs. M. Smith|||
||||Mrs. D. Wermann
(from 15/06/2020)|||
||||Mr. C. Homent
-(retired 14/09/2020)|||
||||Mr. W. Parrish
- (retired 14/09/2020)|||
||||Mrs. S.Bishop - (from 15/09/2020)|||
|Ex-officio|||The Rector of Henley
- Revd J.C.Tayler|||
||||The Mayor of Henley
— Cllr. Mr. K. Arlett|(until 13/05/2021)||
||||The Mayor of Henley
— Cllr. Ms. S. Miller|(from 13/05/2021)||
|Nominative|||Mr.T.Arnison|||
||||Cllr. Miss
K. Hinton|||
||||Cllr. Mrs. M.Thomas|||
|Clerk:|||Mrs. C. Gosby|||
|Registered||Office:|1A ColdharbourClose,
Henley on Thames,|Oxon. RG9 1QF||
|Bank;|||Barclays Bank pic, 10Hart Street, Henley on Thames, Oxon. RG9 2AX|||
|Solicitor:|||Mercers, 50 New Street, Henley on Thames, Oxon., RG9 2BX|||
|Investment||Adviser:|Mr. N. McGregor MCSI|||
||||Redmayne-Bentley
LLP, 43 Market Place,|Henley on Thames,|RG9 2AA|
|Property|Adviser:||Mr.T.B.Dunn
MRICS|||
||||Simmons
&Sons, 32 Bell Street, Henley on Thames, Oxon., RG9 2BH|||
|Independent||Examiners|Mr. J.C. R. Lawrence-Archer
FCA|||
||||Bruton Charles, The Coach House, Greys Green Business Centre,|||
||||Henley on Thames, Oxon., RG9 4QG|||
|Charity Number:|||309237|||
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||||Income|Endowment|Total||
|---|---|---|---|---|---|---|
|||Note|Fund|Funds|2021|2020|
||||E|6|E|E|
|INCOMING
RESOURCES|||||||
|Rents|||56,750||56,750|61,750|
|Dividends
and Interest|||71,520|578|72,098|95,429|
|Reimbursement
ofproperty|insurance||616||616|596|
|Donation|||||||
|Prior period rent|||||||
|Total incoming
Resources|||128,886|578|129e464|157e775|
|RESOURCES EXPENDED|||||||
|Charitable
Activities:|||||||
|Grants payable
in furtherance|ofobjects|3|115,196|250|115,446|130,740|
|Cost ofGenerating
Funds:|||||||
|Investment
management|||15,795||15,795|12,687|
|Property management|||1,290||1,290|5,929|
|Property
insurance|||616||616|596|
||||17,701||17,701|19,212|
|Governance
costs||4|6,874||6,874|6,575|
|Total Resources Expended|||139,771|250|140,021|156e527|
|Net Outgoing
Resources|||-10,885|328|-10,557|1,248|
|Net gain (loss) on sale of investments||8||15,813|15,813|-2,654|
|Net gain (loss) on revaluation|of investments|8||289,569|289,569|-256,402|
|Net Movement
in Funds|||-10,885|305,710|294,825|-257,808|
|Total funds brought
forward|||251,565|3,409,380|3,660,945|3,918,753|
|TOTAL FUNDS CARRIED FORWARD||9|240,680|3,715,090|3,955,770|3,660,945|
##
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||Note|Note||2021||2020|
|---|---|---|---|---|---|---|
||||E|E|E|E|
|FIXED ASSETS:|||||||
|Investments||||3,857,179||3,592,628|
|CURRENT ASSETS:|||||||
|Debtors||6|11,003||11,344||
|National
Savings Investment|||42,156||41,855||
|Cash at bank & in-hand|||51,030||18,663||
|Vouchers|||90||135||
||||104,279||71,997||
|CURRENT LIABILITIES|||||||
|Creditors:|||||||
|Amounts
falling due within one year||7|5,688||3,680||
|NET CURRENT ASSETS||||98,591||68,317|
|TOTAL ASSETS LESSCURRENT LIABILITIES||||3p955,770||3,660,945|
|THE FUNDS OF THE CHARITY,'|||||||
|Unrestricted
Income Fund||||240,680||251,565|
|Endowment
Funds||||3,715,090||3,409,380|
|||||3,955,770||3,660,945|
|Signed on behalf ofthe Board of Trustees|||||||
||Ivtr|. A.|Heath (chair)||||
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|||||2021|2020|
|---|---|---|---|---|---|
|||||E|E|
|Dividends|and Interest:|||||
|Dividends
from
UK securities||||45,253|60,150|
|Interest|on fixed interest stock|||26,269|34,332|
|Interest|on COIF deposit funds|||275|615|
|Interest|on bank and NS&l|deposits||301|332|
|||||72,098|95,429|
|Apportioned:||||||
|Brakspear
Prize Fund||||289|288|
|Mary Clarke Music Award||||289|288|
|||||578|576|
|Income|Fund|||71,520|94,853|
|||||72,098|95,429|
|3.DIRECT CHARITABLE EXPENDITURE||||||
|||||2021|2020|
|||||E|E|
|Grants:|section 28(2)(b)|(see note 10)||17,880|19,047|
||section 28(3)|||15,856|19,605|
||section 28(4)|||~81460|~92088|
|||||115,196|130,740|
||Brakspear
Prize Fund||(see note 10)|250||
||Mary Clarke Music|Award||||
|||||115,446|130,740|
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|RNANCE
CO|STS||||
|---|---|---|---|---|
||||2021|2020|
||||f|E|
|Bank charges||||8|
|Independent|Examiner's|fee|1,200|1,396|
|Insurance|||568|571|
|Office sundries|||693||
|Salary|||1,533|4,600|
|Professional|fees - clerk||2,880||
||||6,874|6,575|
##
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|ORS|||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||E|E|
|Investment||manager|re investment|income|2,237|3,665|
|Interest|accrued||||8,243|7,161|
|Property|insurance||paid in advance||145|140|
|insurance||paid in advance|||378|378|
||||||11,003|11,344|
|7.CREDITORS|||||||2021|||2020|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||E|||E|
|Independent
Examiner's||||fee|||1,200|||1,200|
|HMRC|||||||1,302|||996|
|Grants:||Section 28(3)|||||3,041|||594|
|Property||Insurance|received||||145|||140|
|Property||management|||||0|||750|
||||||||5,688|||3,680|
|8.FIXEDASSET|INVESTMENTS||||||||||
|All investments|were held in the|||UK and can be analysed||as follows:|||||
|||||Cash|Investment||UK Listed|2021||2020|
|||||~De osit||~Pro ert|Investments|Total||Tota I|
|||||E||E|E|E||E|
|Valuation
at 1April 2020||||241,706||875,000|2,475,922|3,592,628|3,845,452||
|Movement
during||year:|||||||||
|interest||||9,418||||9,418||9,578|
|invested||||0|||445,178|445,178||218,654|
|withdrawn||||-50,250|||-445,177|-495,427|-222,000||
|net gain
net gain|(loss) on sale
(loss) on revaluation||||||15,813
289,569|15,813
289,569|-2,654
-256,402||
|||||-40,832||0|305,383|264,551|-252,824||
|Valuation
at 31|March 2021|||200,874||875,000|2,781,305|3,857,179|3,592,628||
|Equities|||||||876,898|||749,581|
|Fixed Interest and||Managed|Funds||||1,904,407
2,781,305||1,726,341
2.
,9»||
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|MENTS
ON|FUNDS||||||
|---|---|---|---|---|---|---|
||2020|||||2021|
||Fund b/fwd|Incoming|Outgoing|Transfers|Net gain (loss|Fund c/f|
|||resource|resource||on investments||
|Endowment|Funds||||||
|Periam|3,390,693||||302,014|3,692,707|
|Brakspear|9,344|289|250||1,684|11,067|
|M Clarke|9,343|289|||1,684|11,316|
||3,409,380|578|250||305,382|3,715,090|
|Unrestricted|Funds||||||
|Income|251,565|128,886|139,771|||240,680|
||3,660,945|129,464|140,021||305,382|3,955,770|
|PRIOR YEAR|||||||
|Endowment|Funds||||||
|Periam|3,649,219||||-258,526|3,390,693|
|Brakspear|9,321|288|||-265|9,344|
|M. Clarke|9,320|288|||-265|9,343|
||3,667,860|576|||-259,056|3,409,380|
|Unrestricted|Funds||||||
|Income|250,893|157,199|156,527|||251,565|
||3,918,753|157,775|156,527||-259,056|3,660,945|
##
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|10.GRANT DETAIL||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||E|E|
|Section 28(2)(b) - special|benefit for||schools (see Trustees Report)|||||
|Badgemore||||||2,160|2221|
|Crazies
Hill||||||257|250|
|Nettlebed||||||513|250|
|Sacred Heart||||||3,935|4291|
|Trinity||||||6,737|7,560|
|Valley Road||||||4,278|4,475|
|||||||17,880|19,641|
|Section 28(3l - individuals|in need|||||||
|80 individual
grants (2019:67)||||||15,856|19,698|
|Section 28(4) - wider educational||support||||||
|Gillotts Academy||||||18,140|21,356|
|Henley College||||||8,170|9,082|
|Henley Cricket Club|||||||2,000|
|Henley Schools Partnership|||- counselling||service|55,150|55,150|
|Henley Schools|Environmental|||Science|Project -write bacl||-500|
|Henley Youth Festival|||||||5,000|
|||||||81,460|91,988|
|Sub-Total - Income Fund as above)||||||115,196|130,737|
|Brakspear Prize Fund||||||250||
|Mary Clarke Award
Total Grants and Awards||||||115,446|130,737|