|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|6|
|Report ofthe Independent
Auditors|7|to|9|
|Statement ofFinancial Activities||10||
|Balance Sheet||||
|Cash Flow Statement||12||
|Notes to the Cash Flow Statement||13||
|Notes to the Financial Statements|14|to|21|
|Detailed Statement ofFinancial Activities||22||
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|||||2021|2020|
|---|---|---|---|---|---|
|||||Unrestricted|Total|
|||||fund|funds|
||||Notes|||
|INCOME|AND ENDOWMENTS FROM|||||
|Donations|and legacies|||340,250|1,730,718|
|Investment|income|||85,550|74,812|
|Total||||425,800|1,805,530|
|EXPENDITURE ON||||||
|Charitable|activities|||||
|Grants and|donations|||605,920|1,007,564|
|Other||||49,631|55,757|
|Total||||655,551|1,063,321|
|Net gains/(losses)
on investments||||221,893|(93,746)|
|NET INCOME/(EXPENDITURE)||||(7,858)|648,463|
|RECONCILIATION||OF FUNDS||||
|Total funds brought||forward||1,157,130|508,667|
|TOTAL FUNDS CARRIED FORWARD||||1,149,272|1,157,130|
||||2021|2020|
|---|---|---|---|---|
||||Unrestricted|Total|
||||fullil|funds|
|||Notes|||
|FIXEDASSETS|||||
|Tangible
assets||10|26,991|26,991|
|CURRENT ASSETS|||||
|Debtors||11|25,187|178,675|
|Investments||12|1,647,960|650,239|
|Cash at bank|||273,019|1,294,735|
||||1,946,166|2,123,649|
|CREDITORS|||||
|Amounts
falling due within|one year|13|(661,142)|(583,750)|
|NET CURRENT ASSETS|||1,285,024|1,539,899|
|TOTAL ASSETSLESSCURRENT LIABILITIES|||1,312,015|1,566,890|
|CREDITORS|||||
|Amounts
falling due after more than one year||14|(162,743)|(409,760)|
|NET ASSETS|||1,149,272|1,157,130|
|FUNDS||15|||
|Unrestricted
funds|||1,149,272|1,157,130|
|TOTAL FUNDS|||1,149,272|1,157,130|
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|||||2021|2020|
|---|---|---|---|---|---|
||||Notes|||
|Cash flows from operating|activities|||||
|Cash generated
I'rom operations||||(331,438)|181,858|
|Net cash (used in)/provided|by operating|activities||(331,438)|181,858|
|Cash flows from investing|activities|||||
|Purchase ofcurrent asset investments||||(775,828)||
|Sale ofcurrent asset investments|||||893,302|
|Interest received||||85,550|74,812|
|Net cash (used in)/provided|by investing|activities||(690,278)|968,114|
|Change
in cash and cash equivalents||in the||||
|reporting
period||||(1,021,716)|1,149,972|
|Cash and cash equivalents|at the beginning||of|||
|the reporting
period||||1,294,735|144,763|
|Cash and cash equivalents|at the end|ofthe||||
|reporting
period||||273,019|1,294,735|
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|ACTIVITIES|||||
|---|---|---|---|---|
||||2021|2020|
|Net (expenditure)/income|for the reporting|period (as per the Statement of|||
|Financial Activities)|||(7,858)|648,463|
|Adjustments
for:|||||
|(Gain)/losses
on investments|||(221,893)|93,746|
|Interest received|||(85,550)|(74,812)|
|Decrease/(increase)
in debtors|||153,488|(150,615)|
|Decrease in creditors|||(169,625)|(334,924)|
|Net cash (used in)/provided|by operations||(331,438)|181,858|
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|||At 1.4.20|Cash flow|At 31.3.21|
|---|---|---|---|---|
|Net cash|||||
|Cash at bank||1,294,735|(1,021,716)|273,019|
|||1,294,735|(1,021,716)|273,019|
|Liquid resources|||||
|Deposits included|in cash||||
|Current asset investments||650,239|997,721|1,647,960|
|||650,239|997,721|1,647,960|
|Total||1,944,974|(23,995)|1,920,979|
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|DONATIO|NS
AND LEGACIES|||
|---|---|---|---|
|||2021|2020|
|Donations||340,250|1,730,718|
|INVESTMENT INCOME||||
|||2021|2020|
|||E||
|Deposit account interest||252|1,400|
|Other interest|||62|
|Dividends|and interest on investments|85,298|73,350|
|||85,550|74,812|
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|CHARITA|B|LE ACTIVITIES|COSTS|||
|---|---|---|---|---|---|
||||||Grant|
||||||funding of|
||||||activities|
||||||(see note|
||||||5)|
|Grants and|donations||||605,920|
|GRANTS|PAYABLE|||||
|||||2021|2020|
|Grants and|donations|||605,920|1,007,564|
|Analysis of||grants||Grants to|Grants to|
|||||institutions|individuals|
|Medical, Health and Wellbeing||||380,861||
|Education||||50,200|43,000|
|Religious||||25,506|1,100|
|Community||and General||40,105||
|Arts, Cultural||and Heritage||44,889||
|Discounting||movement ofthe balances due &I year||20,259||
|||||561,820|44,100|
|Analysis of||major institutional|grants|||
|Childhood|Eye Cancer Trust||||50,000|
|Cobalt Health|||||225,000|
|Other institutions
&f50,000|||||286,820|
||||||561,820|
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|SUPPORT COSTS||||||
|---|---|---|---|---|---|
|||||Governance||
|||Management|Finance|costs|Totals|
|Other resources expended
fi||43,472|3|6,156|49,631|
|NET INCOME/(EXPENDITURE)||||||
|Net income/(expenditure)||is stated atter charging/(crediting):||||
|||||2021|2020|
|Auditors'
remuneration||||3,576|2,800|
|Auditors'
remuneration|for|non audit work||2,580|2,324|
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|||2021|2020|
|---|---|---|---|
|Amounts|falling due within one year:|||
|Other debtors||17,117|168,675|
|Loans||5,500|4,500|
|||22,617|173,175|
|Amounts|falling due after more than one year:|||
|Loans||2,570|5,500|
|Aggregate|amounts|25,187|178,675|
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||||2021|2020|
|---|---|---|---|---|
|Listed investments|||1,647,960|650,239|
|Current asset investments||comprise:|||
||||Market Value|Market Value|
||||2021|2020|
|UK - fixed interest|||794,268|204,942|
|UK - preference|shares||64,282||
|UK - equities|||789,410|445,297|
||||1,647,960|650,239|
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||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||Grants and donations||||||649,372|566,506|
||Accrued expenses||||||11,770|17,244|
||||||||661,142|583,750|
|14.|CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN|||||ONE YEAR|||
||||||||2021|2020|
||Grants and donations||due 1-5years||||162,743|409,760|
|15.|MOVEMENT
IN FUNDS||||||||
||||||||Net||
||||||||movement|At|
|||||||At 1.4.20|in funds|31.3.21|
||Unrestricted|funds|||||||
||General
fund|||||1,157,130|(7,858)|1,149,272|
||TOTAL FUNDS|||||1,157,130|(7,858)|1,149,272|
||Net movement|in funds, included||in the above|are as follows:||||
||||||Incoming|Resources|Gains and|Movement|
||||||resources|expended|losses|in funds|
||Unrestricted|funds|||||||
||General
fund||||425,800|(655,551)|221,893|(7,858)|
||TOTAL FUNDS||||425,800|(655,551)|221,893|(7,858)|
##
|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1.4.19|in funds|31.3.20|
|Unrestricted||funds||||
|General|fund||508,667|648,463|1,157,130|
|TOTAL|FUNDS||508,667|648,463|1,157,130|
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|General fund||1,805,530|(1,063,321)|(93,746)|648,463|
|TOTAL FUNDS||1,805,530|(1,063,321)|(93,746)|648,463|
|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1.4.19|in funds|31.3.21|
|Unrestricted||funds||||
|General|fund||508,667|640,605|1,149,272|
|TOTAL|FUNDS||508,667|640,605|1,149,272|
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|Unrestricted||funds|||||
|General|fund||2,231,330|(1,718,872)|128,147|640,605|
|TOTAL|FUNDS||2,231,330|(1,718,872)|128,147|640,605|
##
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|||||2021|2020|
|---|---|---|---|---|---|
|INCOME AND ENDOWMENTS||||||
|Donations
and legacies||||||
|Donations||||340,250|1,730,718|
|Investment
income||||||
|Deposit account interest||||252|1,400|
|Other interest|||||62|
|Dividends
and interest|on investments|||85,298|73,350|
|||||85,550|74,812|
|Total incoming
resources||||425,800|1,805,530|
|EXPENDITURE||||||
|Charitable
activities||||||
|Grants to institutions||||605,920|1,007,564|
|Support costs||||||
|Management||||||
|Management
fees||||42,250|48,000|
|Sundries||||1,222|2,624|
|||||43,472|50,624|
|Finance||||||
|Bank charges||||||
|Governance
costs||||||
|Auditors'
remuneration||||3,576|2,800|
|Auditors'
remuneration||for non audit work||2,580|2,324|
|||||6,156|5,124|
|Total resources expended||||655,551|1,063,321|
|Net (expenditure)/income|||before gains and losses|(229,751)|742,209|
|Realised recognised|gains||and losses|||
|Current asset investments|||||9,031|
|Net (expenditure)/income||||(229,751)|751,240|