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2021-04-05-accounts

Page
Charity Particulars
Trustees' Report 2 —5
Auditor's Report 6 —8
Statement ofFinancial Activities
Balance Sheet 10
Notes ofthe Financial Statements 11 — 15

Trustees J.M. Waite
I.R, Johnson FCA
R.J.Bunting
P.M. Wallace
Mrs H. L, Johnson
M.C.Morris FCA (Chairman)
N. J.Doggett
Secretary J.M. Rea ACMA (Appointed 31 July 2020)
Charity Address PO Box 10952
Leicester
LE74XR
Solicitors Browne Jacobson LLP
Mowbray
House
Castle Meadow Road
Nottingham
NG2 1BJ
Auditor Somerbys
Limited
Chartered
Accountants
30Nelson Street
Leicester
LE1 7BA
Investment Advisors Quilter Cheviot
One Kingsway
London
WC2B 6AN

Current & Prior Financial Year Current & Prior Financial Year Note 2021 2020
Income and endowments
from:
Donations
and legacies
500 250
Investments
Bank interest- gross 135 548
Investment
income —gross
243,237 235,604
Total income f243,872 X236,402
Expenditure
on:
Charitable
activity —Supporting
people with
learning
disabilities
Direct charitable
expenditure
- grants payable 187,888 259,334
Support costs 11,373 11,201
Governance
costs
1,160 1,500
Total expenditure/cost
ofgrant
making Z200,421 $272,035
Net income/loss
before gains and losses on
43,451 (35,633)
investments
Net gains/losses
on investments
2,074,183 (1,227,050)
Investment
management
fees
(]3,983)
Net losses/income
and net movement
in funds 52,103,651 ($1,262,683)
Reconciliation
offunds
Balance brought
forward
on 6 April 2020
6,445,628 7,708,311
Balance carried forward at 5April 2021 K8,549,279 j6,445,628

Note 2021 2020
Fixed assets
Investments 8,145,709 6,288,103
Current
assets
Debtors 28,943 26,830
Cash at bank 380,472 136,281
409,415 163,111
Liabilities: amount falling due within one year
Creditors 5,845 5,586
Net current assets 403,570 157,525
Net assets X,8,549,279 K6,445,628
Funds
Unrestricted funds
Designated funds 179,000 274,000
General funds 8,370,279 6,171,628
K8,549,279 j6,445,628

Organisations 2021 2020
Apuldram
Centre
25,000 25,000
Avocet Trust 25,000 25,000
Halas Homes 25,000 25,000
Hft 25,000 25,000
Linkage Community Trust 25,000 25,000
Oaklea Trust 25,000 25,000
Style Acre 16,500 9,000
Green Lane Farm 3,500
Merseyside
Tuesday
Club 3,000 3,000
Nansa 2,428
Interest Links Borders 2,000
Stepping Stones 1,860
Diverse Abilities 1,800
My Life My Choice 1,800
Tall Ships Youth Trust 1,500 1,500
Growing
Community
Enterprises 500
Deda 2,000
FAIR 5,000
Harrogate
Skills 4 Living Centre
25,000
High Mead Farm 2,500

Scotts Project Trust Scotts Project Trust 25,000
Spadework
Ltd
5,000
Special Needs Enterprises Ltd 1,424
The Rossendale Trust 5,000
ValePlus 3,000
Waisingham
Support
21,000
Individuals 3,000 910
KI87,888 K259,334
3 Support Costs 2021 2020
Secretarial fees & expenses 7,478 6,922
Sundries 1,250 60
Insurance 1,068 1,060
Legal fees 720 900
Subscriptions 475 462
Postage &stationery 352 342
Meeting costs 329
Computer
costs
135
Trustees'
expenses
991
f.11,373 $11,201

5 Investments Investments 2021 2020
Market value at 6 April 2020 6,288,103 j7,377,021
Additions at cost 1,456,267 973,802
Disposals at opening book (1,267,069) (777,799)
Net unrealised profit (loss) on revaluation 1,668,408 (1,284,921)
K8,145,709 $6,288,103
Historical cost or donated value at 5 April 2021 F5,797,085 Z5,570,243
6 Debtors 2021 2020
Investment income receivable 27,526 25,115
Prepayments 1,367 1,476
Other 50 239
X,28,943 K26,830
7 Creditors 2021 2020
Accruals X5,845 $5,586
8 Funds reconciliation reconciliation
Unrestricted Funds
At 6April Income Expenditure Transfers Gains/ At 5
2020 losses April
2021
General funds 6,171,628 243,872 (44,404) (75,000) 2,074,183 8,370,279
Designated 274,000 (170,000) 75,000 179,000
funds
K6,445,628 f243,872 (f214,404) X2,074,183 Z8,549,279
At 6 Income Expenditure Transfers Gains/ At 5
April losses April
2019 2020
General funds 7,612,311 236,402 (176,035) (274,000) (1,227,050) 6,171,628
Designated 96,000 (96,000) 274,000 274,000
funds
$7,708,311 f236,402 (f272,035) (X1,227,050) X6,445,628