2021-12-31-accounts - The Saintbury Trust

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Legal and administrative details	Legal and administrative details
Trustees' report		2-4
Trustees' responsibilities statement
Independent auditor's	report	6-9
Statement ofllnancial	activities	IO
Balance sheet
Notes to the financial	statements	12-17

Year ended 31Dece		mber 2021
						Total	Total
						Unrestric-	Unrestric-
				Income	Capital	ted Funds	ted Funds
			Note	fundf	fund	2021 f	2020 f
Income
Income from generated		funds
Investment income
Investment income				288,182	5	288,187	247,713
Intermt receivable				4		4	939
Income tax recoverable				2,570		2,570	1,690
Realised loss on investments					(311,553)	(311,553)	(178,197)
Unrealised gain on investments					1,601,365	1,601,365	582,339
Total income				290,756	1~,817	1~,573	654,484
Cost ofgenerating funds
Investment management	costs			54,553		54,553	48,752
Charitable activities
Grants payable			5	263,000		263,000	260,000
Governance costs			6	12,060		12,060	11,100
Support costs			6	1324		1,224	995
Total expenditure				330)837		330,837	320,847
Net (expenditure)/income				(40,081)	1489dt17	1+49,736	333,637
Net movemeat in funds
Balances brought forward		at I January		157,409	14,191,225	14,348,634	14,014,997
Balances carried forward		at 31December		117428	15,481,042	15,5914370	14v348,634

						Page	Page		2021	2020	2020
								Number	Amount	Number	Amount
Grants (note 11)							10	68	263,000	63	260,000
SUPPORT AND GOVERNANCE COSTS
								Page		2021 f	2020 f
Governance costs
Fees for audit services										4300	3,900
Fees for other accountancy			services							7,560	7,200
Fees —underprovision	in	previous		year						300
								10		12,060	11,100
Support costs
Offtce costs										1,034	995
Trustees expenses										190
								10		1,224	995
INVESTMENTS
								Page		2021f	2020f
Market value at 1 January										13,882,219	12,793,165
Additions at cost										1,000,640	4,394,423
Sale proceeds Som disposals										(1,084,572)	(3,709,511)
Realised loss								13		(311,553)	(178,197)
Unrealised gain on revaluation								13		1,601,365	582,339
Market value at 31 December										15,088,099	13,882219
Historical cost at 31 December										10,101,947	9,873,385
Total investments
Listed investments										15,088,099	13,882,219
Cash deposits held as	part		ofinvestment		portfolio					298,300	257,840
										15,386,399	14,140,059
The trustees consider	individual			investment		holdings		in excess of	5%ofthe portfolio to be material. The
following investment at market value, represents							greater than 5%of		the market value	ofthe portfolio:
506,200 Taylor Wimpey		ordinary		shares							888,381

&	LIABILITIES:AMOUNTS FALLING DUE	WITHIN ONE YEAR	WITHIN ONE YEAR
			Page		2021 f	2020
	Accountancy and audit charges				11,760	11,100
	Expenses due				656	781
					12,416	11,881
9.	ANALYSIS OFASSETSBETWEEN FUNDS
					Total	Total
					Unrestric-	Unrestric-
	Page		Capital	Income	ted Funds	ted Funds
			fundf	fundf	2021f	2020f
	Listed investments		15,088,099		15,088,099	13,882,219
	Funds held by stockbrokers		298,300		298,300	257,840
	Dividends receivable			26,560	26,560	18,376
	Income tax recoverable			4,260	4,260	1,690
	Cash at bank and in hand		94,643	98,924	193,567	200,390
			15,481,042	129,744	15,610,786	14,360,515
	Less liabilities			(12,416)	(12,416)	(11,881)
		11	15,481,042	117,328	15,598,370	14,348,634

Prevention or Relief ofPoverty	Prevention or Relief ofPoverty
Entraide (Mutual Aid)					3,000
Family Action					2,000
Spitfue Support and Advice Services			Limited		3,000
The Refugee and Migrant Centre					3,000
Total						11,000
The Advancement ofEducation
Sandwell Asian Development	Association				2,000
WE:ARE Women's Empowerment		And Recovery Educators			3,000
Total						5,000
The Advahcement ofHealth	or the		Saving ofLives
The Air Ambulance Service					5,000
Alzheimer's Research UK					20,000
Birmingham Women's and Children's			Hospital	Charity	5,000
Cobalt Health					7,000
Total						37,000
The Advancement ofCitizenship		or	Community
Development
The Dorothy Parkes Centre					2,000
Total						2,000
The Advaacement ofArts, Culture,			Heritag	eor Scieace
A&lean Cultural Exchange Limited					3,000
B:Music					15,000
Birmingham Cathedral					3,000
Birmingham Opera Company					6,000
Birmingham Repertory 'lheatre					10,000
Birmingham Royal Ballet					3,000
Black Country Living Museum	Trust				5,000
Broadway Arts Festival					1,000
City ofBirmingham Symphony	Orchestra				5,000
Coventry City ofCulture Trust					3,000
ExCathedra					2,000
Legacy WM					3,000
Longborough Festival Opera					1,000
Motionhouse					2,000
National Youth Orchestra ofGreat		Britain			3,000
Royal Birmingham Society of	Artists				2,000
St.Michael's Church, Quarley					5,000
SAMPAD (South Asian Arts Development)					5,000
Severn Valley Railway Charitable		Trust			2,000
The Orchestra ofThe Swan					3,000
Total						82,000

6.	The Advancement ofEavironmental	The Advancement ofEavironmental	The Advancement ofEavironmental	Protection or
	Improvement
	Progressive Farming Trust				5,000
	The Warwickshire Wildlife	Trust	Limited		5,000
	The Wildfowl and Wetlands	Trust			3,000
	The Wildlife Trust for Birmingham		and	the Black Country	5,000
	Warley Woods Community	Trust	Limited		2,000
	Total						20,000
7.	The Relief ofthose in Need by reason			ofYouth, Age,
	III-Health, Disability, Financial Hardship orOther
	Disadvantage
	ym Careofthe Dying
	Acorns Children's Hospice Trust				5,000
	Longfield Hospice Care				3,000
	St.Mary's Hospice Limited				6,000
	St.Richard's Hospice Foundation				10,000
	'Ihe Shakespeare Hospice				2,000
	yh, Childhood h Youth
	Ackers Adventures				3,000
	Bentley Beginnings				1,000
	Missing People Limited				5,000
	Street Teams				2,000
	Stnke A Light (Gloucester)				2,000
	The Birmingham Settlement				5,000
	The Jericho Foundation				2,000
	Walsall Bereavement Support Services				2,000
	Tc,DlsabNlty h III-health
	Acacia Family Support				2,000
	ASPIE Limited				2,000
	Birmingham Centre for Arts	Therapies			2,000
	Birmingham Disability Resource Centre				2,000
	Carrs Lane Counselling Centre				3,000
	CASBA				1,000
	Coventry Resource Centre for the		Blind		2,000
	Disability Challengers				5,000
	Friends ofVictoria School				2,000
	Martineau Gardens				2,000
	Stroud Valleys Project				2,000
	The Enham Trust				10,000
	The Foundation for Conductive Education				10,000
	Wildgoose Rural Training				1,000
						46,000