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2020-12-31-accounts

Pacle
Reference and administrative information
Report of the Trustees 3-9
Report of the Independent Examiner 10
Statement of financial activities
Balance sheet 12
Notes forming
part of
the financial statements 13-18

Total Total
funds funds
Note 2020 2019
Fixed assets
Tangible assets 9 270 540
Investments 10 3,707,478 4, 141,379
Total Fixed Assets 3,707,748 4, 141,919
Current assets
Debtors 858 234
Cash at bank and in hand 77,467 74,002
Total Current Assets 78,325 74,236
Liabilities
Creditors:amounts falling due 12
within one year 2,673 -3,552
Net Current Assets 75,652 70,684
Net assets 3,783,400 4,212,603
The funds ofthe charity
Unrestricted income funds 75,922 71,224
Restricted income funds 3,707,478 4, 141,379
Total charity funds 13 3,783,400 4,212,603

Investment
inc
ome
2020 2019
F
M&G Charifund —Unit Trust 119,968 148,372
CCLA Charifund - Unit Trust 35,897 35, 184
Interest on cash deposits 134 457
155,999 184,012

Cost type Total allocated Governance Other support apportionment
F E E
Staff costs 28,472 9,965 18,507 Staff time
Employer's
Liability
Insurance 397 139 258 Staff time
Office expenses 3,407 1,192 2,214 Staff time
Website and appeal 20 7 13 Staff time
Sundry
administrative
costs 461 161 300 Staff time
32,757 11,465 21,292
Governance costs 2020 2019
Travel and meetings costs 2,616
Accountancy fees 2,052 2,112
Legal fees 1,620
Support costs 11,465 9,889
15,137 14,617
The ch arit y undertakes
its cha
ritable
activities
t
hrough
grant
making
and awarde
making
and awarde
d
gran
ts to indiv iduals
and
Grant funded Support and
activity governance costs Total Total 2019
E
Grants to individuals 114,900 36,429 151,329 182,982
114,900 36,429 151,329 182,982

Analysis ofgrant s
Grants to Grants to
institutions individuals
Post graduate
grants
114,900
114,900
2020 2019
Grants to individuals
Originally awarded 129,900 761,000
Grants not taken up/withdrawn 15,000 - 11,000
Total for the year 114,900 150 000
Number of awards taken up 113 148
Analysis ofstaff costs
2020 2019
F
Salary: Administrator 26,579 22, 394
Employer's
National
Insurance
Pension contributions 1,693 1,434
28,472 23,828

Tangible fixed assets 2020 2019 2019 2019
F F
Office equipment
Cost
At 1 January 2020 1,549 739
Additions
for the year
810
At 31 December 2020 1,549 1 549
~De recieiicc
At 1 January 2020 1,009 739
Charge for the year 270 270
At 31 December 2020 1,279 1,009
Net book value
At 31 December 2020 270 540
At 1 January 2020 540
Fixed Asset Investments
Direct investments
in listed
securities No.of units 2020 2019
M&G Charifund F
Movement
in fixed asset investments
Market value brought
forward
at 1 January 2020 178,803 2,969,364 2,544, 680
Less: withdrawals
from investments
at cost
Add: additions
to investments
at cost 459 6,225 1,650
Net gain/ (loss) on revaluation 515,084 423, 034
Market value as at 31 December 2020 179,262 2,460,505 2,969,364
No.of units 2020 2019
CCLA COIF Investment
Fund
F
Movement
in fixed asset investments
Market value brought
forward
at 1 January 2020 69,232 1,172,015 994,233
Add: additions
to investments
at cost
Net gain/ (loss) on revaluation 74,958 177,782
Market value as at 31 December 2020 69,232 1,246,973 1,172,015
All investments
are carried at their market value. Asset
sales and purchases are recognised
at the date of
trade at cost (that is their transaction value).
Historic cost of investments
carried
forward 3,707,478 4,141,379
Analysis ofcurrent assets 2020 2019
F
Prepayments 858 234
Cash at bank
Current accounts 41,889 51,322
Short term cash deposits 35,577 22, 680
78,325 74 236

FOR THE YEAR ENDED 31 D ECEMBER 2020
Analysis ofcurrent liabilities 2020 2019
F
Salaries 121
Accruals 2,052 2,052
Grant for 2020 paid in 2021 500 1500
2,673 3,552

Analysis ofc haritable funds
Analysis of
fund Gains and
movements Balance b/fwd Income Expenditure losses Fund c/fwd
Unrestricted
funds 71,224 162,252 157,554 75,922
Restricted
funds 4,141379 6,225 440,126 3,707,478
Total 4,212,603 168,477 - 157,554 - 440,126 3,783,400