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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|
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|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|
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|||||Total|Total|
|---|---|---|---|---|---|
|||||Unrestric-|Unrestric-|
|||||ted Funds|ted Funds|
||||Note|2021|2020|
|||||8||
|FIXEDASSETS||||||
|Investments||||15,088,099|13,882,219|
|CURRENT ASSETS||||||
|Debtors||||||
|Dividends|receivable|||26,560|18,376|
|Income tax|recoverable|||4460|1,690|
|Investments||||||
|Funds held|by stockbrokers|||298,300|257,840 '|
|Cash at bank and in hand||||193,567|200,390|
|||||522,687|478,296|
|CREDITORS: amounts||falling due||||
|within one year||||(12,416)|(11,881)|
|NET CURRENT ASSETS||||510,271|466,415|
|NET ASSETS||||15,598,370|14,348,634|
|The funds|ofthe charity|||||
|Capital||||15,481,042|14,191,225|
|Income||||117,328|157,409|
|||||15,598,370|14,348,634|
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|||||||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|
##
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|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||
##
|M Homelessness|||||
|---|---|---|---|---|
|St.Anne's
Hostel||4,000|||
||||4,000||
|7a OldAge|||||
|Better Understanding|ofDementia for Sandwell|2,000|||
|BIDServices||2,000|||
|Cotswold Friends||2,000|||
|Home From Hospital,|Care Aller Treatment|2,000|||
||||8,000||
|Total||||106,000|
|Total grants approved
in 2021||||263NO|