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|Trustees'
Annual|Report|1to4|
|Auditors'
Report||5to 7|
|Statement of Financial Activities|||
|Balance Sheet|||
|Statement ofCash Flows||10|
|Notes||11 to 19|
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|||||Unrestricted|Expendable|2021|2020|
|---|---|---|---|---|---|---|---|
|||||Income|Endowment|||
|||||Fund|Fund|Total|Total|
||||Note||E||F|
|INCOME AND ENDOWMENTS|FROM:|||||||
|Investments||||1,335,855||1,335,855|1,610,699|
|Returned
Grants||||50,000||50,000||
|TOTAL INCOME AND ENDOWMENTS||||1,385,855||1,385,855|1,610,699|
|EXPENDITURE ON:||||||||
|Raising Funds||||||||
|Investment
Management
Costs||||91,639|91,638|183,277|158,784|
|Property Expenses||||67,344||67,344|39,923|
|||||158,983|91,638|250,621|198,707|
|Charitable
Activities||||||||
|Charitable
Grants||||1,080,200||1,080,200|1,334,308|
|Cost ofGrant Making||||||||
|Grant related support costs||||87,123||87,123|103,861|
|||||1,167,323||1,167,323|1,438,169|
|TOTAL EXPENDITURE||||1,326,306|91,638|1,417,944|1,636,876|
|NET INCOME / EXPENDITURE||||||||
|BEFOREOTHER RECOGNISED||||||||
|GAINS AND LOSSES||||59,549|(91,638)|(32,089)|(26,177)|
|OTHER RECOGNISED GAINS AND||LOSSES||||||
|Unrealised
Gain/ (Loss) on Revaluation|||ofProperty||972,242|972,242|(460,000)|
|Realised
Gain/ (Loss) on Investment||Assets|||1,353,542|1,353,542|(675,647)|
|Unrealised
Gain/ (Loss) on Investment|||Assets||4,609,989|4,609,989|(4,357,164)|
||||||6,935,773|6,935,773|(5,492,811)|
|NET MOVEMENT
IN FUNDS||||59,549|6,844,135|6,903,684|(5,518,988)|
|RECONCILIATION
OF FUNDS||||||||
|Total Funds Brought Forward||||1,181,907 42,584,348 43,766,255 49,285,243||||
|Total Funds Carried Forward||||1,241,456 49,428,483 50,669,939 43,766,255||||
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||AS|AT 5APRIL 2021|||
|---|---|---|---|---|
|||2021||2020|
||Note|F|E||
|FIXEDASSETS|||||
|Investments||43,375,020||35,702,402|
|Investment
Properties||7,087,500||5,158,592|
|Tangible Fixed Assets||500||1,000|
|Total Fixed Assets||50,463,020||40,861,994|
|CURRENT ASSETS|||||
|Debtors|10|329,677|229,726||
|Cash at bank and
in hand|11|1,266,212|4,246,019||
|Total Current Assets||1,595,889|4,475,745||
|CREDITORS|||||
|Amounts
falling due within one year|12|(1,168,481)|(972,875)||
|NET CURRENT ASSETS||427,408||3,502,870|
|TOTAL ASSETSLESSCURRENT|LIABILITIES|50,890,428||44,364,864|
|CREDITORS|||||
|Amounts
falling due after|||||
|more than one year||(220,489)||(598,609)|
|NET ASSETS||50,669,939||43,766,255|
|FUNDS|||||
|Expendable
Endowment|14|49,428,483||42,584,348|
|Unrestricted
Income|14|1,241,456||1,181,907|
|TOTAL CHARITY FUNDS||50,669,939||43,766,255|
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|||Note|2021||2020f|
|---|---|---|---|---|---|
|CASH FLOW FROM OPERATING ACTIVITIES||||||
|Net Income/(Expenditure)
for year (as per||SOFA)|(32,089)||(26,177)|
|Adjustment
for:||||||
|Dividends,
interest and rents from|investments||(1,335,855)||(1,610,699)|
|Depreciation
charge foryear|||500||502|
|(Increase)
/ decrease
in debtors|||(99,951)||201,113|
|Increase
/ (decrease)
in creditors|||(182,514)||439,506|
|Net cash provided
(for) / by operating|activities||(1,649,909)||(995,755)|
|CASH FLOW FROM INVESTING ACTIVITIES||||||
|Sale of investments|||21,470,660||13,304,715|
|Dividends,
interest and rents from investments|||1,335,855||1,610,699|
|Additions
to property,
plant and equipment|||(956,666)||(2,111,161)|
|Purchase ofinvestments|||(24,202,070)||(14,697,727)|
|NET CASH FLOWS FROM||||||
|INVESTING ACTIVITIES|||(2,352,221)||(1,893,474)|
|CHANGE
IN CASH AND CASH EQUIVALENTS|||(4,002,130)||(2,889,229)|
|Cash and cash equivalents
brought forward|||6,251,562||9,140,791|
|CASH AND CASH E
UIVALENTS||||||
|CARRIED FORWARD|||2,249,432||6,251,562|
|Anal sis ofchan es in net debt:|||5April 2020|Cashflows|5April 2021|
|||||E|E|
|Cash and cash equivalents|||6,251,562|(4,002,130)|2,249,432|
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|||FOR|THE YE|AR ENDED 5AP|RIL 2021|||
|---|---|---|---|---|---|---|---|
|RETURNED GRANTS||||||||
|||||||2021
F|2020
f|
|Footprints
Capital Grant||||||50,000||
|PROPERTY EXPENDITURE||||||||
|||||||2021|2020|
|||||||E||
|Light, Heat, Rates and Water||||||2,280|872|
|Insurance
and Security||||||11,360|7,337|
|Professional
Fees and Advertising||||||35,688|12,695|
|Service charges||||||7,374|18,028|
|Refurbishment||||||10,642|991|
|||||||67,344|39,923|
|Investment
property expenses||relate solely to the Unrestricted|||Income Fund|in the current and preceding||
|year.||||||||
|CHARITABLE GRANTS|||||||2021|
||||||||E|
|Purposes
Beneficial to the|Community|||||||
|Autistic Nottingham|||||||4,000|
|Big Issue Foundation
(Notts.|Office)||||||7,500|
|Citizens' Advice Ashfield|||||||2,700|
|Citizens' Advice Bassetlaw|||||||5,000|
|Citizens' Advice Broxtowe|||||||5,000|
|Citizens' Advice —Sherwood|&|Newark|||||5,000|
|Emmanuel
House Support Centre|||||||20,000|
|Equation|||||||4,000|
|Hareham
Garden Allotments|||||||3,000|
|Hope Community
Services|||||||5,000|
|Host Nottingham|||||||3,000|
|Huthwaite
Hub|||||||2,300|
|ISAS|||||||12,000|
|Lenton Centre|||||||4,000|
|Mansfield
&District Citizens' Advice|||Bureau||||8,000|
|NIDAS|||||||5,000|
|Nottingham
Narrow Boat|||||||5,000|
|Nottingham
Women's
Centre|||||||7,000|
|Oasis Community
Centre|||||||30,000|
|Open Minds|||||||8,500|
|Peter Le Merchant Trust|||||||2,500|
|Pulp Fiction CIC|||||||3,000|
|Remar Association
UK|||||||3,000|
|Riding for Smiles|||||||2,500|
|Rosiemay
Foundation|||||||5,000|
|Rucksack Project Nottm. University|||Students'|Union|||300|
|SHE UK|||||||5,000|
|St.Peter's United Charities|||||||5,000|
|Support Through
Court Nottingham|||||||5,000|
|Summerwood
Lane Community||Garden|||||3,400|
|Trinity Centre|||||||14,000|
|Unanima
Theatre|||||||2,000|
|Vineyard Arches Trust|||||||2,500|
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|CHARITABLE GRANT|S|CONT|...||
|---|---|---|---|---|
|||||2021|
|||||E|
|Relief ofSickness or|Disability: General||||
|Action for A-T||||4,500|
|Barn ado's||||5,000|
|Beaumond
House Hospice Care||||25,000|
|Bipolar UK||||1,500|
|Deafblind
UK||||1,000|
|Headway
UK||||12,000|
|Leicester Hospitals
Charity||||3,500|
|Marie Curie Cancer Care||||5,000|
|Motor Neurone Disease Association - MNDA||||5,000|
|Multiple System Atrophy||Trust||1,000|
|Newlife||||5,000|
|Nottingham
Hospitals
Charity||||103,000|
|Nottinghamshire
Hospice||||25,000|
|Rainbows
Children's
Hospice||||(12,500)|
|Treetops Hospice Care||||25,000|
|Trent Community
First|Responders|||3,000|
|||||212,000|
|Welfare ofthe Aged|||||
|Age UK Nottingham
&|Notts|||5,000|
|Golf in Society CIC||||1,000|
|Helpful Bureau||||5,000|
|MHA —Southwell
& District Live|||at Home Scheme|2,500|
|Radford Care Group||||15,000|
|Vine Community
Centre||||4,000|
|Wainman
Trust||||5,000|
|||||37,500|
|Welfare ofthe Young|||||
|Breaking Bamers Building Bridges||||5,000|
|Children's
Bereavement||Centre||5,000|
|First Steps Derbyshire||||5,000|
|Fundays
in Nottinghamshire||||5,000|
|Greenway
Centre||||5,000|
|Indigo Brave||||5,000|
|Little Hearts Matter||||5,000|
|Moo Haven||||4,000|
|Nottingham
& Nottinghamshire|||Refugee Forum|3,000|
|Nottinghamshire
Clubs|for Young People|||2,500|
|NSPCC - Nottinghamshire||||5,000|
|PASIC||||5,000|
|Peter Le Merchant
Trust||||2,500|
|Pintsize Theatre||||5,000|
|Positively Empowered|Kids CIC|||4,500|
|Safer Living Foundation||||5,000|
|Sneinton
Town FC||||1,000|
|Switch Up CIC||||1,500|
|Walesby Forest||||8,000|
|Wolfpack Project||||5,000|
|YHA (England
&Wales)||||4,000|
|||||91,000|
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||||||||||2021f|
|---|---|---|---|---|---|---|---|---|---|
|Accommodation||||||||||
|Betel of Britain|||||||||200,000|
|REACH Learning|||Disability||||||225,000|
||||||||||425,000|
|Education||||||||||
|IntoUniversity|||||||||5,000|
|Rise Learning Zone||||CIC|||||5,000|
|Welbeck Primary|||School||||||10,000|
|Wild Things|Ecological Education||||||Collective||5,000|
||||||||||25,000|
|Heritage||||||||||
|Framework
Knitter's||||Museum|||||85,500|
|Other||||||||||
|Nottinghamshire||Community||||Foundation|||5,000|
||||||||||1,080,200|
|SUPPORT COSTS||||INCLUDING|||GOVERNANCE COSTS|2021|2020|
|||||||||F||
|Legal Fees||||||||16,011|28,424|
|Administration,||Accountancy||||and|Taxation Fees|57,640|53,397|
|Audit Fee||||||||3,395|4,200|
|Sundries||||||||25|67|
|Investment
advice||||||||8,250|16,000|
|Printing,
postage,|||stationery|||and|office consumables|1,302|1,271|
|Depreciation||||||||500|502|
|||||||||87,123|103,861|
|INVESTMENTS|||||||||2021|
||||||||||F|
|Market Value|at|6|April 2020||||||33,696,859|
|Additions|||||||||24,202,070|
|Disposals|||||||||(21,440,929)|
|Equalisation|Income||||||||(29,731)|
|Realised and|Unrealised||||Profit||||5,963,531|
|Market Value|at|5|April 2021||||||42,391,800|
|Cash held for Investment|||||Purposes||||983,220|
|Total|||||||||43,375,020|
||||||||Page 15|||
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|Analysis|ofInvestments|||2021|2020|
|---|---|---|---|---|---|
|Quoted Investments|||||E|
|Bonds||||9,359,274|10,978,394|
|Equities||||27,444,498|17,322,878|
|Alternative|Investments|||5,197,535|3,391,193|
|Property||||390,493|801,692|
|Money Market|||||1,202,702|
|||||42,391,800|33,696,859|
|Cash held|for Investment|Purposes||983,220|2,005,543|
|||||43,375,020|35,702,402|
|The historical cost ofinvestments|||at 5April 2021 was f37,800,502.|||
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|INVESTMENT PROPERTIES||
|---|---|
||2021|
|At Cost or Valuation|E|
|As at 6 April 2020|5,158,592|
|Additions|956,666|
|Revaluation|972,242|
|As at 5 April 2021|7,087,500|
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|TANGIBLE FIXEDASSETS|||
|---|---|---|
||~Com|uter|
|Cost|||
|At 06 April 2020||1,502|
|At 05April 2021||1,502|
|Depreciation|||
|At 06 April 2020||502|
|Charge for year||500|
|At 05April 2021||1,002|
|Net BookValue|||
|At 05April 2021||500|
|At 06 April 2020||1,000|
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|10.|DEBTORS|DEBTORS||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
||Rents Receivable|||||||302,414|226,162|
||Other Debtors|||||||27,263|3,564|
|||||||||329,677|229,726|
|11.|CASH BALANCES|||||||||
|||||||||2021|2020|
|||||||||E||
||Cash at|Bank||||||1,209,444|4,106,257|
||Cash Held by Investment||Advisors|||||56,768|139,762|
|||||||||1,266,212|4,246,019|
||Analysis|Of Cash And Cash Equivalents||||||||
||Cash held for investment||purposes|||||983,220|2,005,543|
||Cash at|bank and in hand||||||1,266,212|4,246,019|
|||||||||2,249,432|6,251,562|
|12.|CREDITORS|||||||2021|2020|
||Amounts|falling due within|one year||||||F|
||VAT|||||||17,360|17,672|
||Grants Committed|||||||951,118|780,450|
||Deferred|Income||||||81,761|81,783|
||Accruals|||||||65,816|42,239|
||Deposit Repayable|||||||50,731|50,731|
||Service Charge|||||||1,695||
|||||||||1,168,481|972,875|
||Amounts|falling due after|more than|one year||||||
||Grants Committed|||||||220,489|598,609|
||Deferred|income relates to property||income received|in advance.|||||
|||||||Under|1 year|Over 1 year|Total|
|||||||E||F|E|
||At 6April|2020||||81,783|||81,783|
||Additions|in year||||81,761|||81,761|
||Amounts|released to income||||(81,783)|||(81,783)|
||At 5 April|2021||||81,761|||81,761|
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||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||E||
||Within one|year|||||446,525|313,367|
||Between one||and|five years|||1,347,157|800,899|
||In over five|years|||||890,752|739,660|
||||||||2,684,434|1,853,926|
|14.|ANALYSIS|OF NET ASSETS BETWEEN FUNDS||||Unrestricted|Expendable|Total|
|||||||Income|Endowment|Funds|
||||||||f.|F|
||Investment|Assets||||1,012,537|49,450,483|50,463,020|
||Current Assets|||||1,595,889||1,595,889|
||Creditors|||||(1,366,970)|(22,000)|(1,388,970)|
||Net Assets|at 5April 2021||||1,241,456|49,428,483|50,669,939|
|15.|GRANT COMMITMENT||||RECONCILIATION||||
||||||||2021|2020|
||Commitment||at the start||ofthe year||||
||Payable||in less than once year (Note 12)||||780,450|700,000|
||Payable||in more than one year (Note 12)||||598,609|272,500|
||||||||1,379,059|972,500|
||Grants committed|||during|the year (Note 5)||1,080,200|1,334,308|
||Grants paid|during||the year|||(1,287,652)|(927,749)|
||||||||1,171,607|1,379,059|
||Commitment||at the end||ofthe year||||
||Payable||in less than one year (Note 12)||||951,118|780,450|
||Payable||in more than one year (Note 12)||||220,489|598,609|
||||||||1,171,607|1,379,059|
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