| The Scarr-Hall Memorial Trust |
UNAUDIT |
|---|---|
| CONTENTS | |
| LEGAL AND ADMINISTRATIVE INFORMATION |
|
| REPORT OF THE TRUSTEES | 2-3 |
| ACCOUNTANT'S REPORT TO THE TRUSTEES OF |
|
| THE SCARR-HALL MEMORIAL TRUST | |
| STATEMENT OF FINANCIAL ACTIVITIES | |
| BALANCE SHEET | |
| ACCOUNTING POLICIES |
7-8 |
| NOTES TO THE FINANCIAL STATEMENTS |
9-12 |
| TRUSTEES | I S carr-Hall | |||
|---|---|---|---|---|
| R Scarr-Hall | ||||
| Rev MM Hall | ||||
| K Scarr-Hall | ||||
| RA Scarr-Hall | ||||
| REGISTERED | ADDRESS | Amhuinnsuidhe | Castle | |
| Amhuinnsuidhe | ||||
| Harris | ||||
| HS3 3AS | ||||
| CHARITY NUMBER | 328105 | |||
| ACCOUNTANTS | RSM UK Tax | and Accounting | Limited | |
| Chartered Accountants |
||||
| Festival Way | ||||
| Stoke on Trent | ||||
| Staffordshire | ||||
| STI 5BB | ||||
| BANKERS | Barclays Bank | pic | ||
| 36Town Road | ||||
| Han Icy | ||||
| Stoke-on- Trent | ||||
| Staffordshire | ||||
| STI 2JQ | ||||
| SOLICITORS | Freeths LLP | |||
| Federation House |
||||
| Station Road | ||||
| Stoke-on-Trent | ||||
| Staffordshire | ||||
| ST4 2SA | ||||
| INVESTMENT | BROKERS | Charles Stanley | and Co Limited | |
| 55 Bishopsgate | ||||
| London | ||||
| EC2N 3AS | ||||
| GOVERNING | INSTRUMENT | Trust Deed dated 5 December | 1988 |
| Unrestricted | Funds | ||||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Note | f | f | |||||
| INCOME AND ENDOWMENTS | |||||||
| Investment income |
16,678 | 29,579 | |||||
| TOTAL INCOME | 16,678 | 29,579 | |||||
| EXPENDITURE | |||||||
| Expendirure on charitable activities: |
|||||||
| Grants | 18,414 | 29,692 | |||||
| TOTAL EXPENDITURE | 18,414 | 29,692 | |||||
| NET EXPENDITURE AND NET MOVEMENT | IN | ||||||
| FUNDS BEFORE | GAINS/(LOSSES) | ON | |||||
| INVESTMENTS | (1,736) | (113) | |||||
| Realised/unrealised | gains/(losses) | on investments | 343,984 | (161,847) | |||
| NET MOVEMENT | IN FUNDS | 342,248 | (161,960) | ||||
| Total funds brought | forward | 721,592 | 883,552 | ||||
| TOTAL FUNDS CARRIED FORWARD | 1,063,840 | 721,592 |
| 3 | INVESTM | ENT INCO | ME | ||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Dividends | received: | ||||
| Charles Stanley portfolio | 16,676 | 29,572 | |||
| Bank interest received | 2 | 7 | |||
| 16,678 | 29,579 | ||||
| 4 | GRANTS | ||||
| 2021 | 2020 | ||||
| Direct charitable expenditure: |
|||||
| Grants to | individuals | —6(2020: 11) | 5,000 | 14,500 | |
| 5,000 | 14,500 | ||||
| Governance | costs (see | note 5) | 13,414 | 15,192 | |
| 18,414 | 29,692 |
| ALLOCAT COSTS |
IO | N OF GOVERNANCE AND OT |
HER SUPPORT | |
|---|---|---|---|---|
| 2021 | 2020 | |||
| Accountancy | fees | 1,260 | 1,260 | |
| Independent | examination | 42 | 1,500 | |
| Bank charges | 450 | 73 | ||
| Travel and | subsistence | 300 | ||
| Marketing | 196 | |||
| Investment | broker fees | 11,662 | 11,863 | |
| 13,414 | 15,192 |
| 8 | FIXEDASSET INVES | TMENTS | ||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Movement infixed asset | investments | |||||
| Market value brought forward at I |
April 2020 | 650,491 | 895,576 | |||
| Additions to investments |
at cost | 356,229 | 95,209 | |||
| Disposal proceeds | (290,939) | (178,447) | ||||
| Realised/unrealised (losses)/gains |
on investments | 343,984 | (161,847) | |||
| Market value as at 31 March 2021 | 1,059,765 | 650,491 | ||||
| Market | Market value | |||||
| Cost at 31 | Value 31 | 31 March | ||||
| March 2021 | March 2021 | 2020 | ||||
| K | ||||||
| Listed investments: | ||||||
| United Kingdom quote ofinvestments |
827,503 | 1,059,765 | 650,491 | |||
| 9 | CASH AT BANK AND | IN HAND | ||||
| 2021 | 2020 | |||||
| Barclays Bank pic | 6,924 | 2,634 | ||||
| SITSavings account | (8) | (8) | ||||
| Charles Stanley account | 2,193 | 74,919 | ||||
| 9,109 | 77,545 | |||||
| 10 | CREDITORS: Amounts | falling due within one year | ||||
| 2021 | 2020 | |||||
| Accruals | 1,260 | 2,670 | ||||
| Loan | 3,774 | 3,774 | ||||
| 5,034 | 6,444 |
| MOVEMENT IN FUNDS |
||
|---|---|---|
| Unrestricted | Funds | |
| General | Fund | |
| 2021 | 2020 | |
| Brought forward | 721,592 | 883,552 |
| Incoming | 360,662 | 29,579 |
| Outgoing | (18,414) | (191,539) |
| Carried forward | 1,063,840 | 721,592 |