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|**Reference and administrative details of the Charity, Its Trustees and advisers**|**1**|
|**Trustees' report**|2−7|
|**Independent auditors' report on the financial statements**|8−11|
|**Statement of financial activities**|12|
|**Balance sheet**|13|
|**Statement of cash flows**|**14**|
|**_Notes_ to the financial statements**|15−26|
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|||**_Unrestricted_**|**_Endowment_**|**Total**|_Total_|
|---|---|---|---|---|---|
|||**funds**|**funds**|**funds**|_funds_|
|||**2021**|**2021**|**2021**|_2020_|
||**Note**|**£**|**£**|**£**|£|
|**Income and endowments from:**||||||
|Investments|4|**251,202**||**251,202**|_276,849_|
|Other income||**10,295**||**10,295**|_23,984_|
|**Total Income and endowments**||**261,497**||**261,497**|_300,833_|
|**Expenditure on:**||||||
|Raising funds|5|**23,677**|**3,501**|**27,178**|_36,145_|
|Charitable activities|_7_|**305,127**||**305,127**|_283,463_|
|**Total expenditure**||**328,804**|**3,501**|**332,305**|_319,608_|
|**Net expenditure before net**||||||
|**gains/(losses) on investments**||**(67,307)**|**(3,501)**|**(70,808)**|_(18,775)_|
|Net gains/(losses) on investments||**36,871**|**520,322**|**557,193**|_(285,709)_|
|**Net movement in funds before other**||||||
|**recognised gains**||**(30,436)**|**516,821**|**486,385**|_(304,484)_|
|**Other recognised gains:**||||||
|Gains on revaluation of fixed assets|11|−|**31,384**|**31,364**|**−**|
|**Net movement in funds**||**(30,436)**|**548,185**|**517,749**|_(304,484)_|
|**Reconciliation of funds:**||||||
|Total funds brought forward||**378,271**|**8,296,743**|**8,675,014**|_8,979,498_|
|Net movement in funds||**(30,436)**|**548,185**|**517,749**|_(304,484)_|
|**Total funds carried forward**||**347,835**|**8,844,928**|**9,192,763**|_8,675,014_|
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||||**2021**||**_2020_**|
|---|---|---|---|---|---|
||**Note**||**E**|||
|**Fixed assets**||||||
|**Investments**|**10**||**4,960,219**||**_4,479,044_**|
|**investment property**|**11**||**4,129,964**||**_4,098,600_**|
||||**9,090,183**||**_8,577,644_**|
|**Current assets**||||||
|**Debtors**|**12**|**51,493**||**_57,086_**||
|**Cash at bank and in hand**||**55,593**||**_44,664_**||
|||**107,086**||**_101,750_**||
|**Creditors: amounts falling due within one**||||||
|**year**|**13**|**(4,506)**||**_(4,380)_**||
|**Net current assets**|||**102,680**||**_97,370_**|
|**Total assets less current liabilities**|||**9,192,763**||**_8,675,014_**|
|**Total net assets**|||**9,192,763**||**_8,675,014_**|
|**Charity funds**||||||
|**Endowment funds**|**14**||**8,844,928**||**_8,296,743_**|
|**Restricted funds**|**14**|||||
|**Unrestricted funds**|**14**||**347,835**||**_378,271_**|
|**Total funds**|||**9,192,763**||**_8,675,014_**|
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||**Unrestricted**|**Total**|_Total_|
|---|---|---|---|
||**funds**|**funds**|_funds_|
||**2021**|**2021**|_2020_|
||**£**|**£**|**£**|
|Rent|119,642|**119,642**|_122,971_|
|Bank interest|76|**76**|_891_|
|Listed investments|131,484|**131,484**|_152,987_|
|**Total 2021**|251,202|**261,202**|_276,849_|
|_Total 2020_|_276,849_|_276,849_||
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||**Unrestricted**|**Endowment**|**Total**|_Total_|
|---|---|---|---|---|
||**funds**|**funds**|**funds**|_funds_|
||**2021**|**2021**|**2021**|_2020_|
||**£**|**e**|**e**|_£_|
|Investment management fees||648|**648**|_4,221_|
|Bank charges||296|**296**|_222_|
|Insurance||2,557|**2,557**|2,466|
|Property expenditure|13,615||**13,615**|_29,236_|
|Bad debts|10,062||**10,062**||
|**Total 2021**|23,677|3,501|**27,178**|_36,145_|
|_Total 2020_|_29,236_|_6,909_|_36,145_||
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||**Grants to**|**Total**|_Total_|
|---|---|---|---|
||**Individuals**|**funds**|_funds_|
||**2021**|**2021**|_2020_|
||**£**|**£**|£|
|Grants, Descendants|102,980|102,980|_95,769_|
|Grants, Old Catton Residents|47,996|**47,996**|_40,000_|
|Grants, Special Awards|122,172|**122,172**|/13,935|
|**Total 2021**|273,148|**273,148**|_249,704_|
|_Total 2020_|_249,704_|_249,704_||
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|Special Awards for the year e|nded 31 March 2|021 comprise:|
|---|---|---|
|**Recipient**||**Amounts Given**|
|1st Spixworth Scout Group||2,500|
|31st Norwich Rainbows|,|180|
|9th Norwich Rangers||180|
|Action Community Enterprises CIC||8,166|
|Asperger East Anglia||2,000|
|BREAK||5,000|
|Building Crafts & Conservation Foundation||5,000|
|Eating Matters||5,000|
|Friends of the Hewett School||5,000|
|ICENI Basketball||2,040|
|Mile Cross Phoenix Childrens|Project|5,350|
|Norfolk Family Carers||10,925|
|Norfolk Fire and Rescue Service||3,000|
|Norfolk SEN Network||2,331|
|Norwich Cathedral Music Appeal||5,000|
|Norwich City Community Sports Foundation||5,000|
|Norwich School||3,000|
|Open Road West Norfolk||5,000|
|Priscilla Bacon Norfolk Hospice Care||10,000|
|St Edmunds Society||6,000|
|The Garage||2,500|
|The Nancy Oldfield Trust||3,000|
|The Matthew Project||4,000|
|The Papillon Project||10,000|
|The Princes Trust||2,000|
|University of East Anglia||10,000|
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||**Grant**||||
|---|---|---|---|---|
||**funding of**|**Support**|**Total**|_Total_|
||**activities**|**costs**|**funds**|_funds_|
||**2021**|**2021**|**2021**|_2020_|
||**£**|**£**|**£**|£|
|Descendants|102,980||**102,980**|_95,769_|
|||,|||
|Old Catton Residents|47,996||**47,996**|_40,000_|
|Special Grants|122,172|−|**122,172**|_113,935_|
|Support costs|−|31,979|**31,979**|_33,760_|
|**Total 2021**|273,148|31,979|**305,127**|_283,463_|
|_Total 2020_|_249,704_|_33,760_|_283,464_||
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||**Charitable**|**Total**|_Total_|
|---|---|---|---|
||**activities**|**funds**|_funds_|
||**2021**|**2021**|_2020_|
||**£**|**e**|_£_|
|Clerkship and agency fees|20,516|**20,516**|/8,952|
|Registrar Honorarium|1,785|**1,785**|1,785|
|Other|1,306|**1,306**|_4,826_|
|Governance costs|8,372|**8,372**|_8,197_|
|**Total 2021**|31,979|**31,979**|_33,760_|
|_Total 2020_|_33,760_|_33,760_||
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||**Listed**|
|---|---|
||**investments**|
|**Cost or valuation**||
|At 1 April 2020|**4,479,044**|
|Additions|**465,910**|
|Disposals|**(389,433)**|
|Net unrealised gain on revaluation|**520,322**|
|Movement in cash held by broker|**(115,624)**|
|At 31 March 2021|**4,960,219**|
|**Net book value**||
|At 31 March 2021|**4,960,219**|
|_At 31 March 2020_|_4,479,044_|
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||**Freehold**|
|---|---|
||**investment**|
||**property**|
|**Valuation**||
|At 1 April 2020|**4,098,600**|
|Surplus on revaluation|**31,364**|
|At 31 March 2021|**4,129,964**|
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||**2021**|_2020_|
|---|---|---|
|**Due within one year**|||
|Rent receivable|**21,674**|_26,639_|
|Other debtors|**12,500**|_12,500_|
|Dividends receivable|**17,319**|/7,947|
||**51,493**|57,086|
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|||||**2021**|_2020_|
|---|---|---|---|---|---|
|Accruals|and|deferred|income|**4,506**|_4,380_|
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|**Statement of funds −current**|**year**|||||
|---|---|---|---|---|---|
||||||**Balance at**|
||**Balance at 1**|||**Gains/**|**31 March**|
||**April 2020**|**Income **|**Expenditure**|**(Losses)**|**2021**|
||**E**|**E**|**E**||**E**|
|**Unrestricted funds**||||||
|General Funds −all funds|**378,271**|**261,497**|**(328,804)**|**36,871**|**347,835**|
|**Endowment funds**||||||
|Endowment Funds −all funds|**8,296,743**||**(3,501)**|**551,686**|**8,844,928**|
|**Total of funds**|**8,675,014**|**261,497**|**(332,305)**|**588,557**|**9,192,763**|
|**Statement of funds −prior year**||||||
||||||_Balance at_|
||_Balance at_|||_Gains/_|_31 March_|
||_1 April 2019_|_Income_|_Expenditure_|_(Losses)_|_2020_|
|**Unrestricted funds**||||||
|General Funds−all funds|396,350|300,833|(312,699)|(6,213)|378,271|
|**Endowment funds**||||||
|Endowment Funds −all funds|_8,583,148_||_(6,909)_|_(279,496)_|_8,296,743_|
|**Total of funds**|_8,979,498_||_(319,608)_|_(285,709)_|_8,675,014_|
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|**Analysis of net assets between **|**funds −current**|**year**|||
|---|---|---|---|---|
|||**Unrestricted**|**Endowment**|**Total**|
|||**funds**|**funds**|**funds**|
|||**2021**|**2021**|**2021**|
|Fixed asset investments|||4,960,219|**4,960,219**|
|**Investment**property|||4,129,964|**4,129,964**|
|Current assets|S|352,341|(245,255)|**107,086**|
|Creditors due within one year||(4,506)||**(4,506)**|
|**Total**||347,835|8,844,928|**9,192,763**|
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|**Analysis of net assets between funds −pri**|**or year**|||
|---|---|---|---|
||_Unrestricted_|_Endowment_|_Total_|
||_funds_|_funds_|_funds_|
||_2020_|_2020_|_2020_|
|Fixed asset investments||_4,479,044_|_4,479,044_|
|Investment property||_4,098,600_|_4,098,600_|
|Current assets|_382,651_|_(280,901)_|_101,750_|
|Creditors due within one year|_(4,380)_||_(4,380)_|
||_378,271_|_8,296,743_|_8,675,014_|
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||||**2021**|_2020_|
|---|---|---|---|---|
||Net income/expenditure for the year (as
Activities)|per Statement of Financial|**486,385**|_(304,484)_|
||**Adjustments for:**||||
||Gains/(losses) on investments||**(557,193)**|_285,709_|
||Dividends, interests and rents from investments||**(251,202)**|(276,849)|
||Decrease in debtors||**5,593**|_2,470_|
||Increase in creditors||**126**|_125_|
||Other non−cash transaction||**653**|_385_|
||**Net cash used In operating activities**||**(315,638)**|_(292,644)_|
|**17.**|**Analysis of cash and cash equivalents**||||
||||**2021**|_2020_|
||Cash in hand||**55,593**|_44,664_|
||**Total cash and cash equivalents**||**55,593**|_4−4,664_|
|**18.**|**Analysis of changes In net debt**||||
|||**At 1 April**||**At 31 March**|
|||**2020**|**Cash flows**|**2021**|
||Cash at bank and in hand|**44,664**|**10,929**|**55,593**|
|||**44,664**|**10,929**|**55,593**|
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|At 31 March 2021 the Charity had commitments to make fut
cancellable operating leases as follows:|ure minimum lease payments|under non|
|---|---|---|
||**2021**|_2020_|
||**£**|£|
|Not later than 1 year|**340,970**|_340,970_|
|Later than 1 year and not later than 5 years|**608,178**|_903,198_|
|Later than 5 years|**36,725**|_53,675_|
||**986,873**|_1,297,843_|
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