## 

## 

|Nominated|Trustees||||||
|---|---|---|---|---|---|---|
|As appointee|ofthe Leicestershire||County|Mrs C Redford|||
|Council|||||||
|As appointee|ofOsgathorpe|Padsh|Council|M Buczkiewicz|||
|As appointee|of Bishop of Leicester|||AWessel|||
|Co-opted Trustees||||Rev'd Canon P Hackwood|||
|||||G R Phillipson|||
|||||T Higgins|||
|||||CYoung|||
|||||Mrs G Newcombe|||
|||||P Sergeant|||
|Receiver &|Clerk|||Ms SStevenson|||
|Charity number||||500537|||
|Principal address||||C/o Charity<br>Link|||
|||||20a Milestone|Lane||
|||||Leicester|||
|||||LE1 5JN|||
|Investment|managers|||CCLA|||
|||||Senator House|||
|||||85 Queen Victoria||Street|
|||||London|||
|||||EC4V 4ET|||
|Auditor||||Newby Castleman||LLP|
|||||6 Forest Road|||
|||||Loughborough|||
|||||Leicestershire|||
|||||LE11 3NP|||
|Bankers||||Barclays Bank|Pic||
|||||Market Place|||
|||||Leicester|||
|||||LEST2BB|||





## 

## 

|||Page|
|---|---|---|
|Trustees'<br>report||1-4|
|Independent<br>auditor's|report|5-7|
|Statement<br>offinancial|activities||
|Balance sheet|||
|Notes to the accounts||10-19|





## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 



## 

## 



## 

## 

## 

## 

## 

## 

## 



## 



## 

## 

||||Unrestricted|Restricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||funds|funds|funds|2021|2020|
|||||Charitable|Educational|||
|||||Branch|Branch|||
|||Notes||6||||
|Income from:||||||||
|Charitable<br>activities||||7,052|500|7,552|4,884|
|Investments|||290,377|||290,377|280,494|
|Other income|||28|||28||
|Total|||290,405|7,052|500|297,957|285,378|
|Expenditure<br>on:||||||||
|Charitable<br>activities||6|24,944|154,300|64,854|244,098|207,234|
|Net gains on investments||10|1,823,865|||1,823,865|(265,177)|
|Net incoming/(outgoing)||||||||
|resources before|transfers||2,089,326|(147,248)|(64,354)|1,877,724|(187,033)|
|Transfers<br>between|funds|17|(265,460)|199,095|66,365|||
|Net movement<br>in funds|||1,823,866|51,847|2,011|1,877,724|(187,033)|
|Fund balances at 1 April 2020|||8,455,264|303,411|368,289|9,126,964|9,313,997|
|Fund balances at|31 March 2021||10,279,130|355,258|370,300|11,004,688|9,126,964|





## 

## 

## 

|||||||||2021|2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Notes||6|||
|Fixed assets|||||||||||
|Investment<br>properties|||||||11||746,800|602,800|
|Investments|||||||12||9,906,136|8,087,627|
|Investment<br>deposits|||||||||102,289|102,168|
||||||||||10,755,225|8,792,595|
|Current assets|||||||||||
|Debtors|||||||14|73,142||73,117|
|Cash at bank and|in||hand|||||325,753||267,305|
|||||||||398,895||340,422|
|Liabilities|||||||||||
|Creditors: amounts||falling||due|within one||15||||
|year||||||||(5,432)||(6,053)|
|Net current assets|||||||||393,463|334,369|
|Total assets less|current|||liabilities|||||11,148,688|9,126,964|
|Provisions<br>for liabilities|||||||||(144,000)||
|Net assets|||||||||11,004,688|9,126,964|
|Total funds ofcharity|||||||||||
|Restricted<br>funds|||||||||||
|Educational<br>Branch||||||||103,500||101,489|
|General restricted|funds|||||||355,258||303,411|
|Fair value reserve|-|Educational|||branch|||266,800||266,800|
|||||||17|||725,558|671,700|
|Unrestricted<br>funds|||||||||||
|General unrestricted|||funds|||||7,440,678||7,292,322|
|Fair value reserve||||||||2,838,452||1,162,942|
||||||||||10,279,130|8,455,264|
||||||||||11,004,688|9,126,964|
|The financial<br>statements||||were|approved|and|authorised|by the board|of trustees|on%...kt,...BIand are|
|signed<br>on its behalf||by:|||||||||



## 



## 

## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

|||Restricted|Restricted|||
|---|---|---|---|---|---|
|||funds|funds|||
|||Charitable|Educational|Total|Total|
|||Branch|Branch|2021|2020|
||||6|||
|Charitable|rental income||450|450|4,834|
|Other income||7,052|50|7,102|50|
|||7,052|500|7,552|4,884|
|Unrestricted|funds||||1,524|
|Restricted|funds||||3,360|
||||||4,884|



|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|2021|2020|
|Income from|listed investments|287,151||287,151|279,457|
|Interest receivable||3,226||3,226|1,037|
|||290,377||290,377|280,494|
|Unrestdcted|funds||||280,494|
|Restricted funds||||||
||||||280,494|
|Other income||||||
|||||2021|2020|
|Other income||||28||



## 



## 

## 

## 

||||||General|Charitable|Educational|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||charitable|branch|branch|2021|2020|
||||||expenditure|||||
|Clerk fees|||||5,178|||5,178|9,766|
|Repairs to|investment||properties||10,769|||10,769|14,017|
|Insurance|||||||2,551|2,551|2,186|
|Audit fees|||||3,000|||3,000|3,000|
|Legal and|professional||fees||5,997|||5,997||
||||||24,944||2,551|27,495|28,969|
|Grant funding||ofactivities (see note 7)||||154,300|62,303|216,603|178,265|
||||||24,944|154,300|64,854|244,098|207,234|
|Unrestricted||funds|||24,944|||24,944|14,206|
|Restricted|funds - Charitable|||Branch||154,300||154,300|129,654|
|Restricted|funds - Educational|||Branch|||64,854|64,854|63,374|
||||||24,944|154,300|64,854|244,098|207,234|





## 

## 

## 

|||Charitable|Educational|Total|2020|
|---|---|---|---|---|---|
|||branch|branch|||
|||f||6||
|Grants to institutions:||||||
|Stephenson<br>College|||3,500|3,500||
|Stephenson<br>Studio School|||2,000|2,000||
|Forest Way School|||11,000|11,000|6,322|
|Whitwick St. John the Baptist C|of E Primary School||6,400|6,400|6,500|
|T.E.C.K (Teaching<br>Educationally|Creative Kids)||5,000|5,000|5,000|
|The Castle Rock School|||6,000|6,000||
|Broom Leys Primary School|||3,300|3,300||
|All Saints C of E Primary School|||(446)|(446)|446|
|King Edward<br>Vll Sports &Science College|||||6,000|
|Griffydam<br>Primary School|||7,500|7,500|1,000|
|Iveshead<br>School|||||380|
|Swannington<br>C of E Primary School|||667|667||
|Thringstone<br>Primary<br>School|||||7,000|
|Newbridge<br>High School|||||5,530|
|Newbold<br>Cof E Primary School|||5,000|5,000||
|Belton C of E Primary School|||5,031|5,031||
|Ivanhoe College|||2,456|2,456||
||||57,408|57,408|38,178|
|Grants to individuals||154,300|4,895|159,195|140,087|
|||154,300|62,303|216,603|178,265|



## 

## 



## 

## 

## 

|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|2021|2020|
|||||||6|F|
||Revaluation|of investments||1,675,509||1,675,509|(265,177)|
||Gain/(loss)|on sale of investment|properties|148,356||148,356||
|||||1,823,865||1,823,865|(265,177)|
||Unrestricted|funds|||||(265,177)|
||Restricted|funds||||||
||||||||(265,177)|
|11|Investment|property||||||
||||||||2021|
||Fair value|||||||
||At 1 April 2020||||||602,800|
||Additions||||||144,000|
||At 31 March 2021||||||746,800|



## 

||Listed|
|---|---|
||investments|
|Cost or valuation||
|At 31 March 2021|8,087,627|
|Additions|143,000|
|Valuation<br>changes|1,636,223|
|At 31 March 2021|9,866,850|
|Carrying<br>amount||
|At 31 March 2021|9,866,850|
|At 31 March 2020|8,087,627|





## 

## 

|13|Financial|instruments||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||E|E|
||Carrying|amount offinancial|assets|||||||||
||Debt instruments<br>measured<br>at amortised|||cost||||||73,142|73,117|
||Equity instruments<br>measured||at fair value|||||||9,906,136|8,352,804|
||Carrying|amount offinancial|liabilities|||||||||
||Measured|at amortised<br>cost||||||||5,432|6,053|
||Financial|assets measured<br>at|amomsed|cost comprise|prepayments||and accrued|||income.||
||Financial|assets measured<br>at|a revalued|amount comprise||listed investments||and investment|||property|
||Financial|liabilities<br>measured|at amortised|cost comprise accruals and deferred|||||income.|||



|14|Debtors||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||Amounts|falling due||within one year:|||
||Prepayments||and accrued income||73,142|73,117|
|15|Creditors:|amounts||falling due within one year|||
||||||2021|2020|
||||||F||
||Accruals and deferred|||income|5,432|6,053|
|16|Provisions||for liabilities||2021|2020|
|||||||6|
||Other provisions||||144,000||
||Movements||on provisions:||||
||Movements||in the year|||144,000|





## 

## 

## 

||||Movement|in funds Year|Ended 31||
|---|---|---|---|---|---|---|
|||||INarch 2021|||
|||Balance at 1|Incoming|Resources|Transfers|Balance at 31|
|||April 2020f|resources<br>6|expended<br>6|6|March 2021<br>E|
|Educational|Branch|101,489|500|(64,854)|66,365|103,500|
|Charitable|Branch|303,411|7,052|(154,300)|199,095|355,258|
|Fair value|reserve - Educational||||||
|branch||266,800||||266,800|
|||671,700|7,552|(219,154)|265,460|725,558|
||||Movement|in funds Year|Ended 31||
|||||March 2020|||
|||Balance at 1|Incoming|Resources|Transfers|Balance at 31|
|||April 2019|resources|expended||March 2020|
|||||6||E|
|Educational|Branch|94,550|3,360|(63,374)|66,953|101,489|
|Charitable|Branch|232,206||(129,654)|200,859|303,411|
|Fair value|reserve - Educational||||||
|branch||266,800||||266,800|
|||593,556|3,360|(193,028)|267,812|671,700|





## 

## 

## 

|Analysis|of net assets between funds Year|E|nded 31 March|2021||||
|---|---|---|---|---|---|---|---|
||||Unrestricted|Charitable||Educational|Total|
|Fund balances at 31 March 2021 are||f|funds<br>6|Branch||Branchf||
|represented|by:|||||||
|Investment|properties||480,000|||266,800|746,800|
|Investments|||9,906,136||||9,906,136|
|Investment|deposit fund||102,289||||102,289|
|Current assets/(liabilities)|||(209,295)|355,258||103,500|249,463|
||||10,279,130|355,258||370,300|11,004,688|
|Analysis of net assets between funds Year||||||||
|Ended 31|March 2020|||||||
||||Unrestricted|Charitable||Educational|Total|
||||funds|Branch||Branch||
|Fund balances at 31 March 2020 are||6|6||6|||
|represented|by:|||||||
|Investment|properties||336,000|||266,800|602,800|
|Investments|||8,087,627||||8,087,627|
|Investment|deposit fund||102,168||||102,168|
|Current assets/(liabilities)|||(70,531)|303,411||101,489|334,369|
||||8,455,264|303,411||368,289|9,126,964|