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2021-12-31-accounts

Richard Porters School Foundation Richard Porters School Foundation
Statement offlnandal activities forthe year ended $1December 2021
2021 2020
incoming
resources
Poor Land Trust rent 152 148
Slatter rent 818 826
Wayleave 33 29
COIF interest 52,248 51,037
Total incoming resources 53,251 52,040
Resources expended
Grants
Mickleton
Primary School
6,495 6,253
Student Grants - Mickleton Primary School 4,250 5,000
Student Grants- Further education 44,200 43,650
Other grants 886
Operating expenses
Trustee expenses 350
Training costs 52
independent
examination
900 900
Insurance 231 231
Professional costs 180 59
Sundryexpenses 200
Total outgoing resources 56,806 57,381
Net (outgoing) resources (3,555) (5,341)
IJnrealised
gains on investments
272,891 203,823
Surplus 269,336 198,482
Balance at1January 2021 1,970,238 1,771,756
Balance at 31December 2021 62,239,574 61,970,238

Quoted investments Quoted investments
At market value At cost
At31January 2021 1,833,127 894,807
increase
in market value in
the year 272,891
At 31December 2020 E2,106,018 E894,807
The following investments individually form more than 5%ofthe total value ofthe portfolio at
31December 2020and are included above.
At market value At cost
COIF Charities Investment Fund Income Units 1,025,705 434,211
COIF Charities Global Equity Income Units 1,0S0,313 460,596
E2,106,018 E894,807
4.Fixed assets
At valuation
Asat 1January 2016 37,500 37,500
Surplus on revaluation asat 31December 2016 87,500 87,500
E125,000 E125,000