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|CONTENTS||Page No|
|Report ofthe Trustees||1-7|
|Statement ofTrustees|Responsibilities|8-9|
|Independent
Auditors|Report|10 —13|
|Statement ofFinancial|Activities|14|
|Balance Sheet||15|
|Notes to the Financial|Statements|16-22|
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||||General|Reetncted|TOTAL|TOTAL|
|---|---|---|---|---|---|---|
||||Funds|Endowment
Funds|FUNDS|FUNDS|
|||Note|2020|2020|2020|2019|
|INCOME AND ENDOWMENTS|||||||
|Investment
Income and Interest||2|197,717||197,717|232,354|
|EXPENDITURE|||||||
|Charitable
expenditure:|||||||
|Central Property Costs||3|11,317||11,317|2,673|
|Grants/Pledges||4|200,500||200,500|377,404|
|Management
and Administration|ofthe Trust|5|38,006|36,500|74,506|73,852|
|Total expenditure:|||249,823|36,500|286,323|453,929|
|NET (EXPENDITURE) BEFORE|GAINS/LOSSES||||||
|ON INVESTMENTS|||(52,106)|(36,500)|(88,606)||
|Net Gains on Investment
assets||7|114,893||114,893|862,699|
|NET MOVEMENT
IN FUNDS|||62,787|(36,500)|26,287|641,124|
|RECONCILIATION
OF FUNDS|||||||
|FUNDS BROUGHT FORWARD|||6,238,122|1,352,500|7,590,622|6,949,498|
|FUNDS CARRIED FORWARD|||6,300,909|1,316,000|7,616,909|7,590,622|
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||Note|General
Fund|Restricted
Endowment
Fund|Total
2020|Total
2019|
|---|---|---|---|---|---|
|FIXEDASSETS||||||
|Tangible Assets|6||1,316,000|1,316,000|1,352,500|
|Investments:|7|6,081,908||6,081,908|5,891,442|
|TOTAL FIXEDASSETS||6,081,908|1,316,000|7,397,908|7,243,942|
|CURRENT ASSETS||||||
|Debtors|8|82,650||82,650||
|Cash at bank and in hand|9|376,065||376,065|604,393|
|||458,715||458,715|604,393|
|LIABILITIES||||||
|CREDITORS FALLING DUE
WITHIN ONE YEAR||(187,414)||(187,414)|(138,314)|
|NET CURRENT ASSETS||271,301||271,301|463,203|
|TOTAL ASSETS LESS
CURRENT LIABILITIES||6,353,209|1,316,000|7,669,209|7,710,022|
|CREDITORS: AMOUNTS||||||
|FALLING DUE AFTER|10|(52,300)||(52,300)|(119,400)|
|MORE THAN ONE YEAR||||||
|NET ASSETS||6,300,909|1,316,000|7,616,909|7,590,622|
|THE FUNDS OF THE||||||
|CHARITY||||||
|General
Fund|||1,316,000|1,316,000|6,238,122|
|Endowment
Fund||6,300,909||6,300,909|1,352,500|
|TOTAL CHARITY FUNDS||6,300,909|1,316,000|7,616,909|7,590,622|
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||||2020f|2019
f|
|---|---|---|---|---|
|2.|Investment
Income||||
||Dividends||||
||Other Income:||119,975|151,317|
||Rent receivable||75,000|75,000|
||Interest receivable||2,742|2,877|
||Plantation
receipts|||3,160|
||||6197,717|f232,354|
||All investment
income relates to investments|held on recognised|stock exchanges.||
||||2020f|2019
f|
|3.|Central Property Costs||||
||Buildings
Insurance||2,296|273|
||Maintenance
and repairs||9,021|2,400|
||||f11,317|f2,673|
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||FOR|THE YE|AR ENDED 31 DECE|MBER 2020||
|---|---|---|---|---|---|
|||||2020|2019|
|||||E|E|
||Grants/Pledges|||||
||Momentum|||41,800||
||Reigate 8 Banstead|||41,000|2,000|
||Homestart
Epsom||||45,000|
||Challengers|||30,000|16,563|
||Woking Scouts||||5,000|
||Breck Foundation|||9,900||
||StJohn's C ofE|||20,000||
||Walton
Leigh School|||8,200|8,500|
||Shooting Star|||600||
||Eikon Trust|||10,000|22,341|
||Clifton
Hill School||||3,000|
||White Lodge|||15,000||
||Loseley Fields School||||22,800|
||PSDS||||45,000|
||Delight
in Reading|||9,200|9,500|
||Ashcombe
School||||7,000|
||Brooklands School||||24,000|
||CHIPS (Guildford)||||3,000|
||Jigsaw Trust|||5,300||
||Helen Arkell Trust|||9,500|9,500|
||Homestart
East Surrey||||35,400|
||East Surrey YMCA||||21,000|
||Stripey Stork||||45,000|
||Forest Estate
8s Ashford||||2,800
50,000|
|||||f200,500|E377,404|
|||||2020|2019|
|||||E|E|
|5.|Management
and Administration||Expenses|||
||Audit Fees|||3,000|3,000|
||Investment
Management|Fees||34,861|34,163|
||Depreciation —Restricted|||36,500|36,500|
||Administrative
Expenses|||145|179|
||Bank Charges||||10|
|||||674,506|f73,852|
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|31 December 2
ofthe year.|004. The properties
have been|revalued
to thes|e amounts
at t|he beginning|
|---|---|---|---|---|
|||Freehold|||
|||Interest
in|||
|||Land and|Fixtures &||
|||Buildings|Fittings|TOTAL|
|||||K|
|Cost or Valuation|||||
|At 1 January 2020 and 31 December 2020||1,900,000|12,494|1,912,494|
|Depreciation|||||
|Brought forward|1 January 2020|547,500|12,494|559,994|
|Charge for year||36,500||596,494|
|Carried forward|31 December 2020|564,000|12,494|596,494|
|Net Book Value|||||
|As at 31 December 2020||1,316,000||1,316,000|
|As at 31 December 2019||1,352,500||1,352,500|
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|7.|Investments|||||2020|2019|
|---|---|---|---|---|---|---|---|
||Market value of Investments||at 1 January 2020|||5,891,442|4,974,900|
||Add investments
purchased|||||507,830|2,578,079|
||Less Investments
sold|||||(423,257)|(2,524,236)|
||Add Realised Profits on Sales|||||167,847|1,019,677|
||Less Unrealised
Losses on||Revaluation|at 31 December||(52,954)|(156,978)|
||2020|||||||
||Market Value of Investments||at 31 December 2020|||K6,081,908|85,891,442|
||Investments
represent|listed|securities|on recognised|stock|exchanges
and are|included as|
||fixed assets at their market value.|||||||
|||||||2020|2019|
|8.|Debtors|||||||
||Investment
Proceeds|||||81,733||
||Interest Receivable|||||917||
|||||||82 650||
|9.|Cash at Bank and in Hand|||||||
||Rathbone
Investment|Management||||||
||Capital Account|||||47,752|118,545|
||Income Account|||||381|1 780|
|||||||48,133|120,325|
||Others|||||||
||HSBC Current Account|||||155,567|226,192|
||Shawcross Bank||||||86,099|
||Skipton
Building Society|||||86,433|85,845|
||Nationwide
Building Society|||||85 932|85932|
|||||||8376075|6604393|
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||||FOR TH|E YEAR ENDED 31|DECEMBER 2020||
|---|---|---|---|---|---|---|
|10|Creditors||||2020|2019|
||||||K|E|
||Rent received||in advance||17,514|17,514|
||Brokers fees||||8,800|8,800|
||Audit||||3,000|3,000|
||Donations|Pledged due within||1 year|158,100|109,000|
||Donations|Pledged due after 1 year|||52,300|119,400|
||||||9239,714|9257,714|