| Page | |||
|---|---|---|---|
| Trust information | 2-3 | ||
| Trustee report | 4-7 | ||
| Independent examiner's |
report | ||
| Statement offinancial | activities | ||
| Balance sheet | 10 | ||
| Notes to the financial | statements | 11-20 |
| 2021 | 2021 | 2021 | 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | |||||||
| funds | fund | funds | funds | funds | |||||||
| Note | f. | f. | |||||||||
| Income and endowments | from: | ||||||||||
| Voluntary income |
2 | 20,000 | 20,000 | 20,750 | |||||||
| Investment income |
3 | 29,319 | 29,319 | 31,953 | |||||||
| Total income | 29,319 | 20,000 | 49,319 | 52,703 | |||||||
| Expenditure on: |
|||||||||||
| Investment management |
costs | 4 | 6,268 | 6,268 | 5,859 | ||||||
| Charitable activities |
5 | 11,153 | 16,027 | — | 27,180 | 49,743 | |||||
| Total expenditure | 11,153 | 16,027 | 6,268 | 33,448 | 55,602 | ||||||
| Net income before | investment | gains and losses | 18,166 | 3,973 | (6,268) | 15,871 | (2,899) | ||||
| Net unrealised and realised |
gains/(losses) | ||||||||||
| on investments | 314,145 | 314,145 | (149,164) | ||||||||
| Net income and movement | in | funds | 18,166 | 3,973 | 307,877 | 330,016 | (152,063) | ||||
| Total funds brought | forward | at | I April | 17,476 | 4,073 | 1,080,195 | 1,101,744 | 1,253,807 | |||
| Total funds carried forward | at 31March | 35,642 | 8,046 | 1,388,072 | 1,431,760 | 1,101,744 |
| 2021 | 2021 | 2021 | 2021 | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | |||
| funds | fund | funds | funds | |||
| f. | f. | |||||
| 2. | Voluntary | income - 2021 | ||||
| Grants received | 20,000 | 20,000 | ||||
| Donations | ||||||
| 20,000 | 20,000 |
| 2020 | 2020 | 2020 | 2020 | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | ||
| funds | fund | funds | fundsf | ||
| Voluntary | income -2020 | ||||
| Grants received | 20,000 | 20,000 | |||
| Donations | 750 | 750 | |||
| 750 | 20,000 | 20,750 |
| 2021 | 2021 | 2021 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | |||||
| funds | fund | funds | funds | |||||
| f. | ||||||||
| 3. | Investment | income | —2021 | |||||
| Dividends | and distributions | fiom | ||||||
| investment | portfolio | 26,085 | 3,215 | 29,300 | ||||
| Interest on | cash on deposit | and at bank | 19 | 19 | ||||
| 26,104 | 3,215 | 29,319 |
| 2020 | 2020 | 2020 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted Endowment | Total | ||||||
| funds | fund | funds | funds | |||||
| f. | ||||||||
| Investment | income -2020 | |||||||
| Dividends | and | distributions | from | |||||
| investment | portfolio | 28,398 | 3,500 | 31,898 | ||||
| Interest on | cash on deposit | and at bank | 55 | 55 | ||||
| 28,453 | 3,500 | 31,953 | ||||||
| 2021 | 2021 | 2021 | 2021 | |||||
| Unrestricted | Restricted | Endowment | Total | |||||
| funds | fund | funds | funds | |||||
| Investment | ruanagement | costs - 2021 | ||||||
| Investment | management | fees | 6,268 | 6,268 | ||||
| 2020 | 2020 | 2020 | 2020 | |||||
| Unrestricted | Restricted | Endowment | Total | |||||
| funds | fund | funds | funds | |||||
| f, | f. | |||||||
| Investment | management | costs - 2020 | ||||||
| Investment | management | fees | 5,859 | 5,859 | ||||
| 2021 | 2021 | 2021 | 2021 | |||||
| Unrestricted | Restricted | Endowment | Total | |||||
| funds | fund | fuads | funds | |||||
| f. | f. | |||||||
| Charitable | activities - 2021 | |||||||
| Grants payable | 5,723 | 16,027 | 21,750 | |||||
| Support costs: Staffcosts |
4,109 | 4,109 | ||||||
| Printing and |
stationery | 91 | 91 | |||||
| Travelling expenses Professional fee |
1,230 | 1430 | ||||||
| 11,153 | 16,027 | 27,180 |
| 2020 | 2020 | 2020 | 2020 | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | |||
| funds | fund | funds | funds | |||
| Charitable | activities -2020 | |||||
| Grants payable | 22,614 | 20,292 | 42,906 | |||
| Support costs; | ||||||
| Staifcosts | 4,312 | 4,312 | ||||
| Printing and |
stationery | 305 | 305 | |||
| Travelling | expenses | 1,002 | 1,002 | |||
| Professional | fee | 1,218 | 1,218 | |||
| 29,451 | 20,292 | 49,743 |
| 2021 | 2020 | ||
|---|---|---|---|
| Total | Total | ||
| funds | funds | ||
| f. | |||
| Fixed assets —investment | portfolio | ||
| Market value at I April 2020 | 1,075,664 | 1,230,937 | |
| Add: Purchases at cost |
413,470 | 415,760 | |
| Less: Sales proceeds | (406,885) | (444,380) | |
| Net realised gains | 13,222 | 6,603 | |
| Net unrealised gains/(losses) Movement in cash held as part ofportfolio |
300,923 (12,432) |
(155,767) 22,511 |
|
| Market value at 31 March 2021 | 1,383,962 | 1,075,664 | |
| Cost at 31March 2021 | 1,193,896 | 1,181,089 |
| 2021 | 2020 |
|---|---|
| Total | Total |
| Funds | funds |
| f. | |
| 4,702 | 8,053 |
| to the financial | statements -31March 2021 |
||
|---|---|---|---|
| 2021 | 2020 | ||
| Total | Total | ||
| Funds | funds | ||
| Creditors: Amounts | falling due tvithin one year | ||
| Accruals | 3,601 | 3,268 | |
| Sundry creditors | 300 | 4,312 | |
| Deferred income | 15,000 | 15,000 | |
| 18,901 | 22,580 |
| 2020 | 2021 | 2021 | |||||
|---|---|---|---|---|---|---|---|
| Movement | |||||||
| Total | in Year | Totnl | |||||
| f. | |||||||
| Permanent | endowment | funds | - | 2021 | 962,101 | 274,097 | 1,236,198 |
| 2019 | 2020 | 2020 |
|---|---|---|
| Movement | ||
| Total | in Year | Total |
| 1,100,115 | (138,014) | 962,101 |
| 2020 | 2021 | 2021 | ||||
|---|---|---|---|---|---|---|
| Movement | ||||||
| Total | In Year | Total | ||||
| f. | f | |||||
| Expendable | endowment | fund | 118,094 | 33,780 | 151,874 | |
| Expendable | endoivment | fund | -2020 | |||
| 2019 | 2020 | 2020 | ||||
| Moveraent | ||||||
| Total | In Year | Total | ||||
| f. | ||||||
| Expendable | endowment | fund | 135,103 | (17,009) | 118,094 |
| Restricted | fund - 202 | 1 | |||||
|---|---|---|---|---|---|---|---|
| 2020 | 2021 | 2021 | 2021 | 2021 | |||
| Transfer | |||||||
| Total | Income | Expenditure | between | Total | |||
| funds | funds | funds | |||||
| f. | f, | ||||||
| City & Guilds Bursary | fund | 4,073 | 20,000 | (16,027) | 8,046 | ||
| Restricted | fund - 2020 | ||||||
| 2019 | 2020 | 2020 | 2020 | 2020 | |||
| Transfer | |||||||
| Total | Income | Expenditure | between | Total | |||
| funds | f | funds I |
funds | ||||
| City &Guilds Buruuy | fund | 4,365 | 20,000 | (20,292) | 4,073 |
| 2020 | 2021 | 2021 | 2021 | 2021 | |||
|---|---|---|---|---|---|---|---|
| Transfer | |||||||
| Total | Income | Expenditure | between | Total | |||
| funds | funds | funds | |||||
| f | f. | f, | f. | ||||
| Millennium | Apprenticeship | Scheme | 3,215 | (2,952) | (263) |
| Unrestricted | funds-designa | ted fund -2020 |
|||||
|---|---|---|---|---|---|---|---|
| 2019 | 2020 | 2020 | 2020 | 2020 | |||
| Transfer | |||||||
| Total | Income | Expenditure | between | Total | |||
| funds | funds | funds | |||||
| f. | |||||||
| Millennium | Apprenticeship | Scheme | 3400 | (6,076) | 2,576 |
| Unrestri | cted funds-general fund |
-2021 | ||||
|---|---|---|---|---|---|---|
| 2020 | 2021 | 2021 | ||||
| Transfer | ||||||
| Total | Income | Expenditure | between | Total | ||
| funds | f. | funds | fundsI | |||
| General | fund | 17,476 | 26,104 | (8,201) | 263 | 35,642 |
| 2019 | 2020 | 2020 | 2020 | 2020 | ||
|---|---|---|---|---|---|---|
| Transfer | ||||||
| Total | Income | Expenditure | between | Total | ||
| funds | funds | fundsf | ||||
| General | fund | 14,224 | 29,203 | (23,375) | (2,576) | 17,476 |
| Analysis | of | net assets between | funds —2021 |
||||||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | |||||||||
| Permanent | Expendable | ||||||||
| endowment | endowment | Restricted | DesignatedUnrestricted | Total | |||||
| funds | fund | fund | fund | fund | funds | ||||
| f. | f | 8 | f. | ||||||
| Investment | portfolio | 1,232,088 | 151,874 | 1,383,962 | |||||
| Stock | 1,126 | 1,126 | |||||||
| Debtors | 516 | 4,186 | 4,702 | ||||||
| Cash on deposit and at bank | 4,110 | 23,046 | 33,715 | 60,871 | |||||
| Creditors | (15,000) | (1,642) | (2,259) | (18,901) | |||||
| At 31March 2021 | 1,236,198 | 151,874 | 8,046 | 35,642 | 1,431,760 | ||||
| Analysis | of | net assets between | funds -2020 | ||||||
| 2020 | |||||||||
| Permanent | Expendable | ||||||||
| endowment | endowment | Restricted | DesignatedUnrestricted | Total | |||||
| funds | fund | fund | fund | fund | funds | ||||
| f, | f. | ||||||||
| Investment | portfolio | 957,646 | 118,018 | 1,075,664 | |||||
| Stock | 1,126 | 1,126 | |||||||
| Debtors | 406 | 44 | 7,603 | 8,053 | |||||
| Cash on deposit and at bank | 4455 | 76 | 18,667 | 517 | 15,766 | 39,481 | |||
| Creditors | (15,000) | (1,687) | (5,893) | (22,580) | |||||
| At 31March | 2020 | 962,101 | 118,094 | 4,073 | 17,476 | 1,101,744 |