| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Incoming resources | |||||
| Poor Land Trust rent | 148 | 129 | |||
| Slatter rent | 826 | 766 | |||
| MEBwayleave | 29 | 40 | |||
| COIF interest | 51,037 | 50,450 | |||
| Totalincoming resources |
52,040 | 51,385 | |||
| Resources expended | |||||
| Grants | |||||
| Mickleton Primary School |
Contributions | towards | new library | 6,253 | 7,348 |
| Contributions | towards | swimming | 1,655 | ||
| Student Grants —Mickleton |
Primary School | 5,000 | 4,500 | ||
| Student Grants- Further education | 43,650 | 40,200 | |||
| Other grants | 886 | 619 | |||
| Operating expenses | |||||
| Trustee expenses | 350 | 350 | |||
| Training costs | 52 | ||||
| Independent examination |
900 | 900 | |||
| Insurance | 231 | 231 | |||
| Professional costs |
59 | 94 | |||
| Total outgoing resources | 57,381 | 55,897 | |||
| Net (outgoing) resources | (5,341) | (4,512) | |||
| Unrealised gains on investments |
203,823 | 275,959 | |||
| Surplus | 198,482 | 271,447 | |||
| Balance at 1January 2020 | 1,771,756 | 1,500,309 | |||
| Balance at 31December 2020 | f.1,970,238 | E1,771,756 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| 3.Investment | ||||||
| Quoted investments | ||||||
| At market value | At cost | |||||
| At 31January 2020 Increase in market value |
in the year | 1,629,304 203,823 |
894,807 | |||
| At 31December 2020 | E1,833,127 | E894,807 | ||||
| The following 31December |
investments individually form more than 5%ofthe total value 2020and are included above. |
ofthe portfolio at | ||||
| At market value | At cost | |||||
| COIF Charities | Investment | Fund Income Units | 899,574 | 434,211 | ||
| COIF Charities | Global Equity Income Units | 933,553 | 460,596 | |||
| E1,833,127 | E894,807 | |||||
| 4.Fixed assets | ||||||
| At valuation | ||||||
| As at 1January 2016 Surplus on revaluation |
as | at31December 2016 | 37,500 87,500 |
37,500 87,500 |
||
| f125,000 | E125,000 |