2020-12-31-accounts

		Pac ee
Charity Particulars
Trustees' Annual Report		2 —4
Independent Examiner's	Report
Statement of Financial	Activities
Statement of Financial	Activities —prior year
Balance Sheet
Notes to the Financial	Statements	9-15

Trustees		Mr D Bendell
		Mrs G Brown —retired November 2020
		Miss D Harrison
		Mrs E Hemsley
		Councillor M Hulbert
		Mrs C Philipson
		Mr C Sewell —appointed	November 2020
		Councillor P Stead-Davis
		Revd P Watson
		Mr A Wheeler
Principal Address		20a Millstone Lane
		Leicester
		LE1 5JN
Bankers		NatWest
		13The Borough
		Hinckley
		LE10 1NL
Stockbrokers		CCLA
		Senator House
		85 Queen Victoria Street
		London
		EC4V4ET
Independent	Examiner	Mr A West FCA
		Somerbys Limited
		30 Nelson Street
		Leicester
		LE1 7BA
Administrator		Charity Link (Leicester Charity Organisation		Society)
		20a Millstone Lane
		Leicester
		LE1 5JN

					Note	Unrestricted	Endowment	Total	Total
						Funds	Funds	2020	2019
Income and		endowments
from:
Investments
Investment income						23,827		23,827	22,891
Allotment and	other		rents			2,338		2,338	2,181
Bank interest						322		322	313
Donations
Total						26,487		26,487	25,385
Expenditure on:
Charitable activities:
Grants					3	17,865		17,865	28,207
Support costs:
Management	and
administration	ofthe charity				4	7,412		7,412	6,925
						25,277		25,277	35,132
Net income/(expenditure)
before investment
gains/(losses) Net gains/(losses)		on				1,210		1,210	(9,747)
investments							40,199	40,199	40,000
Gains on revaluation			offixed
assets									98,175
Net income						1,210	40,199	41,409	128,428
Transfers between		funds
Net movement	in	funds				1,210	40,199	41,409	128,428
Fund balances	brought			forward
at 1 January 2020						20,849	766,176	787,125	658,697
Fund balances	carried			forward
at 31 December	2020					622,059	F806,475	8828,534	F787,125

				Unrestricted	Endowment	Total
Prior financial year			Note	Funds	Funds	2019
Income and endowments		from:
Investments
Investment income				22,891		22,891
Allotment and other	rents			2,181		2,181
Bank interest				313		313
Donations
Total				25,385		25,385
24,821
Expenditure on:
Charitable activity:-
Grants			3	28,207		28,207
Management and administration			of
the charity			4	6,925		6,925
Total				35,132		35,132
22,611
Net income/(expenditure)		before		(9,747)		(9,747)
investments
Gains on investments
Gains on revaluation	offixed assets				40,000	40,000
Unrealised gains/(losses)		on investments			98,175	98,175
Net income/(expenditure)				(9,747)	138,175	128,428
(12,248)
Reconciliation offunds
Fund balances brought	forward			30,596	628,101	658,697
at 1 January 2019
Fund balances carried	forward			820,849	8766,276	8787,125
at 31 December 2019

		Note		2020	2019
Fixed assets
Investments				792,312	712,113
Current assets
Cash at bank			39,661		82,732
Current liabilities
Creditors and accruals			3,439		7,720
Net current assets				36,222	75,012
Net assets				f828,534	F787,125
Capital fund
Endowment				806,475	766,276
Income fund
Unrestricted	funds			22,059	20,849
				6828,534	L787,125

Grants paid/payable		(continued)	(continued)
						No	2020	No	2019
Institutions:
Grants to individuals						8	2,845	20	11,557
Educational grants		via	Alderman	Newton's	Charity	13	8,020	13	8,900
							10,865		28,407
Total direct charitable			expenditure				617,865		228,207
Supportcosts
							2020		2019
Management and	administration			ofthe charity
Administration fees		and office codes					3,663		4,085
Audit and accountancy			fees				1,495		1,146
Legal and professional			fees						240
Allotment maintenance							1,703		1,026
Trustee indemnity	insurance						376		376
Other expenses							175		52
							E7,412		F6,925

6.	Fixed asset investments	Fixed asset investments	Fixed asset investments
				2020	2019
	Fixed asset investments
	Market value at 1 January 2020			712,113	613,938
	Additions			40,000
	Disposals —at opening		market
	Unrealised gains/(losses)			40,199	98,175
				F792,312	F712,113
7.	Current assets
				2020	2019
	NatWest Bank			13,117	16,188
	Market Harborough	Building Society		11,378	11,378
	COIF Deposit Fund			1,000	1,000
	Petty Cash			3
				825498	828569
	Capital funds held	as	cash
	Market Harborough	Building Society		14,163	14,163
	NatWest Bank (awaiting		transfer)		40,000
				F14,163	854,163
	Total cash held at year		end	639,661	882,732
8.	Creditors
				2020	2019
	Accruals			702	690
	Trade creditors			2,309	3,010
	Accrued grants			428	4,020
				L'3,439	F7,720

Analysis ofnet	assets between	funds
		Unrestricted	Endowment	Total	Total
		Funds	Funds	2020	2019
The constitution	ofthe funds at
31"December 2020 was as
follows:
Fixed asset investments			792,312	792,312	712,113
Current assets		25,498	14,163	39,661	82,732
Current liabilities		(3,439)		(3,439)	(7,720)
At 31"December	2020	22,059	806,475	828,534	787,125

nvestment	Schedul	e
							Market	Market
							Value	Value
						Cost	2020	2019
33,166.32	COIF	Charities	Investment		Fund	375,000	600,003	544,533
48,611.17	COIF	Charities	Property	Fund		75,000	53,783	56,642
42,750.52	COIF	Ethical Investment			Fund	88,533	138,526	110,938
						F583,553	8792,312	f712,113