OpenCharities

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

2021-03-31-accounts

Note 2021 2020
Investments
(held in the name ofBrewin
Nominees
Limited)
General Fund 4,847.908 3,664282
Endowment Ftmds 123460 95.8&2
Restricted Funds 50,269 33,572
5,021,437 3,793.736
Current Assets:
Cash at bank:
Current account 1,815 6,0&2
Deposit accounts 237,916 221,468
239,731 227,550
Current Liabilities
Amounts
falling due within		 one veer 61,202 15,421
Net Curvent Assets 178,529 212.129
Net Assets 51 915,55
General Fund Capital - Unrestricted 4.1 4,838,084 3,706,689
General Fund Accumulated Income 147,423 131.475
Endowment
Funds Capital		 5.1 112,092 85,568
Endowment
Funds Accum		 Income - Unrestricted 5.2 29,716 27.574
Restricted Funds 6 72,651 54559
5,599954 4595.555

l.'nrestricted Funds Restrtcted End mvment Total Total
AccIncome Fumls Funds 2021
Income and Endoumems from
Stocks and sharm 135.619 1,913 3.137 140,669 160.018
Deposit mterest 220 228 842
Donations
Total Income and Endowments 135.844 1816 3,142 140,902 160.860
Kspenditare
on
Charitable
activities (notes 5.2and 8)		 (119.896) (1,000) (120.896) (164,008)
Generating
funds
investment
management		 charges (1E308) (15308) (19,911)
Nct gams (losses) oaim estmeuts 1,146,703 16,176 26,524 1,189,403 (647,590)
Net Incom&(espendluuv) 1.131.395 15.948 18,092 28,666 1.194,101 (670.649)
Other gains/losses
Net kdov emeat m Funds 1.131395 15.948 18,092 28,666 1,194,101 (670,649)
Fund balances brought forsvard 3,706,689 131,475 54,559 113,142 4,005,865 4,676.514
Fund balances carried forward. 4.838.084 72,651 141,808 5.199.966 4,005.865

()noted Investments ()noted Investments Trust Pool Ttttst
Apportioned Benveen Pool Pool
General Endoivment Rmtricted Total Total
Fund Funds Funds 2021 2020
Market Value at31March 2020 3,664~o82 33.572 3.793.736 4,464.726
Add: Additions atcost 455.087 10,526 6,420 472,033 665980
Less: Disposals (418,164) (9.672) (5,899) (433,735) (689380)
Gain/(Loss) on revaluation 1.146.703 26,524 16,176 1.189A03 (647390)
Market Value at31March 2020 4,847,908 123260 50269 5.021,437 3,793.736
UK equities and unit trusts 1.574,984 1.154.837
Overseas equities and unit trusts 2208.585 1.504330
Fixed interest 445,885 499,880
Other 791,983 634889
5.021.437 3,793.736
Historic Cost at31March 3,189,419 3.111.665

2021 2020
3.Current Liabilities
Grants and au ards 57,690 9,100
Professional fees 1380 1.344
Investment management charges 'i 132 4.977
6l 0
4.Geneiul
liund
4.1Capital
Balance at 1April 3,706.689 4351.330
Gain '(Loss) on revaluation 1.146,703 (624.730)
Investment management charges (15308) (19911)
Balance at 31March
4.2 Accumulated
Income
Balance at IApril 131,475 138,601
Surplus/(deficit)
for the		 year 15.948 (7.126)
Balance at 31Match ,e 131,475
General Fund Total at31 Mmvh 4,985.507 3.838.164

5.1Capital
Goin on Balance
ptxsul I April 2020 Revaluation 31!liar2021
I
Jolm Goodfellotv Prize 19,648 6,066 25,714
James Turner Prize 31,000 9,635 40,635
David Fuller Memorial 10,347 33]] 13.558
Girdlestone Society-R BDuthie Fund 24.573 7,612 32.185
85.568 26,524 112.092
5.2Accumulated
Income
Balance Income Expenditure Baatnce
I April 2020 31Elar 2021
John Goodfellotv Prize 8.148 721 8.869
James Turner Prize 8,117 1,138 9"55
David Fuller Memorial Fund ]B02 380 1.682
Girdlestone Society RBDutluelund 10,007 903 (1,000) 9,910
27,57-'1 3.142 (1,000) 29.716
2021 2020
Total Endowment Fuads at31March 141.808 113.142
6.Restricted Fund
Balance Income Loss on Expeaditure Balance
1Apra 2020 31Mar 2021
Theatres (Biomet) Fund 2353 2353
John Spivey Prize 52.206 16,176 1,916 70.298
54,559 16.1'76 1,916 72.651

8.Analysis ofCharitable
Ezpenditur		 e
2020
Grants snd awards (note 9) 110,575 153,440
Other charitable
expenditure
(note 10)		 9,321 8.868
ll .I86 36 .363
9.Grants end Awards
2021
Lord Nuffteld
Scholarship
in orthopaedic		 surgery 323550 32.550
Girdlestone
Memorial
scholarship
in		 orthopaedic surgeO 32.550 32.550
Additional
scholarships		 3Q,665
Research grants 19,425 19A25
Total orthopsedic
scholarships		 84,525 115.190
Kenwright
Prize		 500
Lord Nuffteld
scholarship
in aftercare		 600
FeiIden nursing
scholarship		 600
Elizabeth Handfield
Jones traielling		 scholarship 600
Girdlestone
Memorial
nursing
scholarship		 600
Coiirse, coiiferetice alai navel grailts
Nuffield Dept. ofOrthopaedic
Surgery		 research assistant 30.850 30.850
Grant forjournals
and professional
publications
Joseph Trusts prize		 3,QOO
1,500
Unpaid prizes relating to earlier rema (5,300)
Grants and Awards from the General Fund ".3
Total Grants and Awards
for the tear
General fund Note 8 119.896 162,308
Endowment
funds - Capital		 Note 5.1
Accumulated Income Note 5.2 1,000 700
Restricted
funds		 Note 6 1.000
120.896 3
.
3

2021 2020
E E
Trustees meetings
Salary ofsecretary 7.665
Audit'Independent examination fee 1.380 1.152
Office expenses 276 51
9921 8.868

12.Staff Costs
2020
Salaries 7,665 7,665
National insmance costs
7.665 7.665
The Trust has one part-time emplo) ee
13.Ana tyuis ofAssets and LiabiTities
l:nreetrieted nocti'letml Kndoument Total Total
Funds Sunda Funds 2S2S telo
Investments 4,847.908 50269 123760 5.021,437 3,793,736
Current assets 198.801 22382 18.548 239,731 227.550
Current liabilities (61?02) (61202) (15.421)
4,985507 72.651 141,808 5.199,966 4.005.865

Unrestricted Funds Restricted Endoument Total
Capital Acc Income 2020
Income and Endearments from
Stoclu and shares 154369 '2,112 3.537 160.018
Deposit interest 813 18
Total Income and Endouvnents 155.182 2,123 3655 160.860
Expenditure
on
Charitable
activities		 (162.308) (1,000) (700) (164.008)
Generating
funds
Investment
management		 (19.911) (19.911)
Net gains'(tosses)
on investments		 (624,730) (8/48) (14@12) (647,590)
Net Incomel(espenditure) (644„641) (7.126) (7,425) (11,457) (670,649)
Other gains losses
Net Movement
in Funds		 (644,641) (7,126) (7,425) (11.457) (670.649)