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|Contents||||
|---|---|---|---|
||||Page|
|Report ofthe Trustee|||2|
|Independent<br>auditor's|report to the Trustee of Colston's|Hospital Trust||
|Statement offinancial|activities|||
|Balance sheet|||12|
|Principal<br>accounting|policies||13|
|Notes to the financial|statements||15|





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|||||||Permanent|||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|endowment|2020|2019|
|||||funds|fund|fund|Total|Total|
||||Note|6|||E||
|Income from:|||||||||
|Investment|income||1|26,337|13,555||39,892|46,917|
|Total income||||26,337|13,555||39,892|46,917|
|Expenditure|on:||||||||
|Charitable|activities||||||||
|Education:|||||||||
|Colston's School|||2|(17,293)|(11,493)||(28,786)|(35,082)|
|Colston's<br>Girls' School|||2|(4,323)|(1,768)||(6,091)|(7,409)|
|Total charitable|||||||||
|activities||||(21,616)|(13,261)||(34,877)|(42,491)|
|Other||||(4,721)|||(4,721)|(4,331)|
|Total resources|||||||||
|expended||||(26,337)|(13,261)||(39,598)|(46,822)|
|(Loss)/gain|on||||||||
|revaluation|of||||||||
|investments|||||(38,809)|(75,401)|(114,210)|172,638|
|Net|||||||||
|(expenditure)/income|||||||||
|being net movement<br>funds||in|10||(38,515)|(75,401)|(113,916)|172,733|
|Reconciliation of|||||||||
|funds:|||||||||
|Total funds|brought||||||||
|forward|||||429,320|834,940|1,264,260|1,091,527|
|Total funds|carried||||||||
|forward|||10||390,805|759,539|1,150,344|1,264,260|





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|t 31 De|cembe|r|2020||||||
|---|---|---|---|---|---|---|---|---|
|||||||2020||2019|
|||||Notes|||||
|Tangible assets|||||||||
|Investments||||||1,143,139||1,257,349|
|Current assets|||||||||
|Debtors|||||8,336||11,005||
|Cash|||||8,002||6,791||
||||||16,338||17,796||
|Creditors:|amounts|falling due|||||||
|within one|year||||(9,133)||(10,885)||
|Net current|assets|||||7,205||6,911|
|Net assets||||||1,150,344||1,264,260|
|Funds|||||||||
|Unrestricted|fund||||||||
|Restricted funds||||||390,805||429,320|
|Permanent|endowment||fund|9&10||759,539||834,940|
|||||10||1,150,344||1,264,260|





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|Inco|ming resources|||
|---|---|---|---|
|||2020|2019|
||||F|
|Investment|income|||
|Distributions|from MVCIP|39,882|46,896|
|Bank interest||10|21|
|||39,892|46,917|



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|2<br>A|nalysis oftota|l resources ex|pended||||
|---|---|---|---|---|---|---|
|Donations|from the unrestricted|fund comprise:|||||
||||Direct|Support|||
||||costs|costs|2020|2019|
||||||8|8|
|Colston's|School||15,960|1,333|17,293|21,318|
|Colston's|Girls' School||3,990|333|4,323|5,329|
||||19,950|1,666|21,616|26,647|



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|||||2020|2019|
|---|---|---|---|---|---|
|||||8|8|
|Audit fee||||2,340|2,340|
|Professional||Fees||2,370|1,980|
|Trustee's|indemnity||insurance|11|11|
|||||4,721|4,331|





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|for the year ended 31 December 2020 (continued|for the year ended 31 December 2020 (continued|)|
|---|---|---|
|4<br>Tangible fixed assets|||
|||Freehold|
|||land and|
|||buildings|
|||8|
|Cost or valuation|||
|As at 1 January|and 31 December 2020|6,693,509|
|Accumulated|depreciation||
|As at 1 January|and 31 December 2020|(6,693,509)|
|Net book value as at 31 December 2020|||
|Net book value|as at 31 December 2019||



|5<br>Fixed asset investments|5<br>Fixed asset investments||
|---|---|---|
|||Investments|
|||in MVCIP|
|||E|
|Cost|||
|As at 1 January<br>and 31 December 2020||735,048|
|Revaluations|||
|Unrealised<br>gains at 1 January 2020||522,301|
|Loss arising on revaluation<br>in the year||(114,210)|
|Unrealised<br>gains at 31 December 2020||408,091|
|Net book value at 31 December 2020||1,143,139|
|Net book value at 31 December 2019||1,257,349|
|All investments<br>are held<br>in the MVCIP.|The porffolio for MVCIP was structured|as follows at 31 December|
|2020:|||
|Investment<br>assets<br>in the UK||41.9|
|Investment<br>assets outside the UK||42.8|
|Alternatives<br>& Multi-Asset||14.2|
|Cash|||
|||100|





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|||2020<br>f|2019<br>f|
|---|---|---|---|
|Colston's|School|5,122|6,583|
|Colston's|Girls' School|1,050|1,341|
|Other creditors||2,961|2,961|
|||9,133|10,885|



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|Restricted funds|||||
|---|---|---|---|---|
||||Decrease|As at|
||As at|Net|in market|31|
||1 January|incoming|value of|December|
||2020f|resourcesf|investment<br>f.|2020f|
|RSW Clarke|55,755||(5,064)|50,691|
|CCS Trusts|18,097||(1,644)|16,453|
|CCS Prize|18,896||(1,716)|17,180|
|CCS Bursaries and Scholarships|226,679||(20,590)|206,089|
|F A Clark|98,650||(8,961)|89,689|
|A M McWatters|11,243|61|(601)|10,703|
||429,320|61|(38,576)|390,805|





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|||||Permanent||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|endowment||
|||funds|funds|fund|Total|
|||E|E.|E|E|
|At 1 January 2020|||429,320|834,940|1,264,260|
|Net movement|in funds||(38,515)|(75,401)|(113,916)|
|At 31 December 2020|||390,805|759,539|1,150,344|
|Represented|by|||||
|Investments|||388,447|754,692|1,143,139|
|Current assets|||5,130|11,208|16,338|
|Current<br>liabilities|||(2,772)|(6,361)|(9,133)|
||||390,805|759,539|1,150,344|



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