| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Statement ofFinancial Position | |||
| Notes to the Financial Statements | 7 | to | 13 |
| Detailed Statement ofFinancial Activities | 14 | ||
| Appendices | 15 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Total | Total | |||
| Unrestricted | Endowment | Endowment | ||
| fund | funds | funds | ||
| Notes | ||||
| INCOME AND ENDOWMENTS FROM | ||||
| Investment income |
39,379 | 39,379 | 52,685 | |
| Other income | 10624 | 10624 | 625 | |
| Total | 50,003 | 50,003 | 53,310 | |
| EXPENDITURE ON | ||||
| Raising funds | 38,344 | 38,344 | 42,346 | |
| Charitable activities |
||||
| Direct charitable expenditure |
6,548 | 6,548 | 35,172 | |
| Total | 44,892 | 44,892 | 77,518 | |
| Net gains/(losses) on investments |
~82,316) | ~82,316) | ~406) | |
| NET INCOME/(EXPENDITURE) | (77,205) | (77,205) | (24,614) | |
| Other recognised gains/(losses) |
||||
| Gains on revaluation offixed assets | 61,258 | 61,258 | 141,388 | |
| Net movement in funds |
(15,947) | (15,947) | 116,774 | |
| RECONCILIATION OFFUNDS | ||||
| Total funds brought forward | 1,875,598 | 1,875,598 | 1,758,824 | |
| TOTAL FUNDS CARRIED FORWARD | 1 859 651 | 1 859651 | 1 875598 |
| 31December 20 | 20 | |||
|---|---|---|---|---|
| 2020 | 2019 | |||
| Total | Total | |||
| Unrestricted | Endowment | Endowment | ||
| fund | funds | funds | ||
| Notes | ||||
| FIXEDASSETS | ||||
| Tangible assets | 355,235 | 355,235 | 356,701 | |
| Investments | 1457,916 | 1 457916 | 1493023 | |
| 1,813,151 | 1,813,151 | 1,849,724 | ||
| CURRENT ASSETS | ||||
| Debtors | 10 | 2,955 | 1,548 | |
| Cash at bank | 78408 | 78408 | 59 114 | |
| 81,363 | 81,363 | 60,662 | ||
| CREDITORS | ||||
| Amounts falling due within one year |
(34,863) | (34,863) | (34,788) | |
| NET CURRENT ASSETS | ~34 863 | 46 500 | 25 874 | |
| TOTAL ASSETSLESSCURRENT | ||||
| LIABILITIES | 1,859,651 | 1,859,651 | 1,875,598 | |
| NET ASSETS | 1859651 | 1 859651 | 1 875 598 | |
| FUNDS | 12 | |||
| Unrestricted funds |
1 859651 | 1,875,598 | ||
| TOTAL FUNDS | 1 859651 | 1,875 598 |
| Total | |||
|---|---|---|---|
| Unrestricted | Endowment | ||
| filnd | funds | ||
| INCOME AND ENDOWMENTS FROM | |||
| Investment income |
52,685 | 52,685 | |
| Other income | 625 | 625 | |
| Total | 53,310 | 53,310 | |
| EXPENDITURE ON | |||
| Raising funds | 42,346 | 42,346 | |
| Charitable activities |
|||
| Direct charitable expenditure |
35,172 | 35,172 | |
| Total | 77,518 | 77,518 | |
| Net gains/(losses) on |
investments | ~406 | ~406 |
| NET INCOME/(EXPENDITURE) | (24,614) | (24,614) | |
| Other recognised gains/(losses) |
|||
| Gains on revaluation | offixed assets | 141,388 | 141388 |
| Net movement in funds |
116,774 | 116,774 | |
| RECONCILIATION | OFFUNDS | ||
| Total funds brought | forward | 1,758,824 | 1,758,824 |
| TOTAL FUNDS CARRIED FORWARD | 1 875,598 | 1,875,598 |
| for the Year Ended 31Decem | for the Year Ended 31Decem | ber 2020 |
|||
|---|---|---|---|---|---|
| S. | TANGIBLE FIXEDASSETS | ||||
| Land | Buildings | Totals | |||
| E | |||||
| COST | |||||
| At 1 January 2020 and 31 | December 2020 | 311256 | 73299 | 384 555 | |
| DEPRECIATION | |||||
| At 1January 2020 | 27,854 | 27,854 | |||
| Charge for year | 1466 | 1 466 | |||
| At 31December 2020 | 29320 | 29 320 | |||
| NKT BOOK VALUE | |||||
| At 31December 2020 | 311256 | 43 979 | 355 235 | ||
| At 31December 2019 | 311256 | 45 445 | 356 701 | ||
| All the axed assets owned | are held for charitable purposes. | ||||
| 9. | FIXEDASSETINVESTMENTS | ||||
| Cash and | |||||
| Listed | settlements | ||||
| investments | pendnlg | Totals | |||
| f, | |||||
| MARKET VALUE | |||||
| At 1 January 2020 | 1,454,669 | 38,354 | 1,493,023 | ||
| Additions | 198,865 | 251,582 | 450,447 | ||
| Disposals | (296,115) | (250,697) | (546,812) | ||
| Revaluations | 61258 | 61 258 | |||
| At 31December 2020 | 1 418677 | 39,239 | 1,457,916 | ||
| NET BOOKVALUE | |||||
| At 31December 2020 | 1418677 | 39239 | 1457916 | ||
| At 31December 2019 | 1,454,669 | 38 354 | 1,493023 | ||
| There were no investment | assets outside the UK. | ||||
| 2020 | 2019 | ||||
| f. | |||||
| Historical Cost | 1,212 036 | 1 226 810 |
| DEBTORS: | AMOUNTS FALLING DUE %ITIII | N ONK YEAR | ||
|---|---|---|---|---|
| 2020 | 2019 | |||
| Trade debtors | ~2955 | ~1548 | ||
| CREDITORS: AMOUNTS FALLING DUK WITHIN ONE YEAR | ||||
| 2020 | 2019 | |||
| Trade creditors | 11,210 | 10,511 | ||
| Accruals and | deferred income | ~23 653 | ~24277 | |
| ~34 863 | ~34 788 | |||
| MOVEMENT IN FUNDS | ||||
| Net | ||||
| movement | At | |||
| At 1/1/20 | in funds | 31/12/20 | ||
| Unrestricted | funds | |||
| General fund | 1,816,484 | (15,947) | 1,800,537 | |
| Designated fund - Billinge Hill |
59114 | 59114 | ||
| 1 875 598 | ~15,947 | 1 859651 | ||
| TOTAL FUNDS | 1 875598 | ~15947) | 1 859651 |
| Net moveme | nt | iu funds, include | d in the abov | e are as follows: | |||
|---|---|---|---|---|---|---|---|
| Incoming | Resources | Gains aud | Movement | ||||
| resources | expended | losses | ln funds | ||||
| Unrestricted | funds | ||||||
| General fund | 50,003 | (44,892) | (21,058) | (15,947) | |||
| TOTAL FUNDS | 50,003 | ~44,892) | ~21,058 | ~15 947 | |||
| Comparatives | for movement | in funds | |||||
| Net | Transfers | ||||||
| movement | between | At | |||||
| At 1/1/19 | nl funds | fllnds | 31/12/19 | ||||
| Unrestricted | funds | ||||||
| General fund | 1,706,982 | 116,774 | (7,272) | 1,816,484 | |||
| Designated | fund - Billinge Hill | 51 842 | 7272 | 59 114 | |||
| 1 758 824 | 116774 | 1 875 598 | |||||
| TOTAL FUNDS | 1 758 824 | 116774 | 1 875598 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 53,310 | (77,518) | 140,982 | 116,774 | |
| TOTAL FUNDS | 53310 | ~77,518 | 140,982 | 116774 |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1III19 | in funds | funds | 31!12/20 | ||
| f. | |||||
| Unrestricted | funds | ||||
| General fund | 1,706,982 | 100,827 | (7,272) | 1,800,537 | |
| Designated | fund - Billinge Hill | 51 842 | 7 272 | 59 114 | |
| 1 758 824 | 100827 | 1 859651 | |||
| TOTAL FUNDS | 1 758,824 | 100827 | 1 859,651 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 103,313 | (122,410) | 119,924 | 100,827 | |
| TOTAL FUNDS | 1~03313 | (1~22 410 | 1~19 924 | 1~00 827 |
| DETAILED STATEMENT OFFINANCIAL ACTIVITIES | ||||
|---|---|---|---|---|
| for the Year Ended 31December 2020 | ||||
| 2020 | 2019 | |||
| INCOME AND ENDOWMENTS | ||||
| Investment income |
||||
| Income &om UK listed investments | 38,837 | 50,317 | ||
| Interest receivable | 542 | 2,368 | ||
| 39,379 | 52,685 | |||
| Other income | ||||
| Other income | 624 | 625 | ||
| Government income |
~10 000 | |||
| 10,624 | 625 | |||
| Total incoming resources | 50,003 | 53,310 | ||
| Charitable activities |
||||
| Donations (see Appendix 3) | 6,548 | 35,172 | ||
| Support costs | ||||
| Governance costs |
||||
| Insurance | 4,805 | 4,232 | ||
| Accountancy | 2,880 | 2,880 | ||
| Investment management |
fees | 13,293 | 13,890 | |
| Secretaries fees | 15,900 | 19,878 | ||
| Freehold property depreciation | ~1466 | ~1466 | ||
| ~38 344 | ~42 346 | |||
| Total resources expended | 44,892 | ~77518 | ||
| Net income/(expenditure) | before gains and | |||
| losses | 5,111 | (24,208) | ||
| Realised recognised Realised gains/(losses) |
gains and losses on fixed asset investments |
f82,316) | ~406) | |
| Net expenditure | ~77205) | ~24614) |
| 3OHN EDDLESTON'S CHARITY | 3OHN EDDLESTON'S CHARITY | 3OHN EDDLESTON'S CHARITY | 3OHN EDDLESTON'S CHARITY | 3OHN EDDLESTON'S CHARITY | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PROI/IT/(LOSS) ON EAIEOFINVESTMENIE |
|||||||||||||||
| For | EmYearEmlml 31December 2020 | ||||||||||||||
| Iysa2019 UNITS |
13sa2019 COST 8 |
BOUGHT UMTS |
BOUGHT COST |
mwrger~ Eariy Rdeceyia Uairs Costs |
SOLD UNITS |
SOLD COST 8 |
OTBER UNITS |
OTHER COSTS 8 |
31Dcc2019 UNIIS |
31Dee 2019 COST 8 |
MARKET VAI.UE I |
||||
| Ahccastive Lhpddhy Feed Ltd | 3,286 | 4,034 | ( 62) | 3+86 | 3,972 | isa | |||||||||
| Artemi ~Global Jneome | 26,000 | 2$,872 | ( | 26,NO) | ( 25,872) | ||||||||||
| 6,102 | 200 | 6,102 | 14,648 | ||||||||||||
| Avivs | 2,000 | 7,665 | 2,000 | 7,66$ | 6,504 | ||||||||||
| Bsrolsys Burton Soltwt IGBpInc Bsmm Devriolnnm |
6PZS 700 |
18,224 15,810 |
1,500 | 10,133 | ( 6,875) | ( 1$,224) | 700 1,300 |
1$,$10 10,133 |
33,705 10,050 |
||||||
| Blsohrech Continental Eurepcsn Jecome D hm BPNc |
31,000 3,400 |
48,320 14,950 |
2,000 | $,174 | (6,000) | ( 9,352) | 2$,000 5,4N |
38,968 20,124 |
43,97$ 13,759 | ||||||
| BTCreep | 2,313 | 10,016 | 3,6$3 | 4P2$ | 6,000 | 14,243 | 7P3$ | ||||||||
| Canlalm Mcnagcmeat Glsamere Property GSFJNC lao Civi/sc Social - Ord ip Ccnvcatam Lyrical S CRH |
225 30,000 320 |
14PIN 28,842 33,971 |
5N | 11,577 | ( 120) | ( 12,739) | 225 30,000 |
14309 28,M2 21,732 11,577 |
5 31,440 24,059 15,290 |
||||||
| CS117$FISF/Shp 500Dehasivs Autocsg ($354) EIS DB(PAM) Sicsv Abmhae Divmmocd CLSD DBPMW Brigsh Real Estate BIsc |
32,500 40 175 725 |
32,500 443 9,426 12,038 |
32paa 40 175 715 |
M,500 443 I/,426 12,038 |
34,434 266 0 6,018 |
||||||||||
| Btptiaid Gresy ETFSPhysical Gom GBP (Wisdomtnn Physical Cold) FPWhcb astaisaMty Fidriity Emcrghg bhuhets WAcc Fidriity Cdobal Glsxennitbhliue |
6,071 250 |
IIPI0 17,027 15,$1i 22,145 |
20,000 11,000 |
38215 21,710 |
6,071 750 20,000 9,990 11,000 1,8$0 |
11,510 17,027 38,215 15.$74 21,710 22 145 |
6.702 32,870 41,034 21,1M 22,506 25230 |
||||||||
| Goldmsn SecbcStmling iupdd resnves Heoderen Global Tcheology Headcnca Smaller Compnn IT Hembnea Strategic Btnd Ilae JBCL~ HSBCHoMlngs lbB |
1,400 2,$20 35,000 14„0N 2,000 1,000 |
8,465 20,010 48,797 21„430 14,$18 10,$69 |
50,000 | 30,000 | ( | $0,000) ( 700) |
( 50,000) (4233) |
( 112) | 700 2,520 3$,000 14,000 2,000 1,000 |
4,233 20,010 48686 21,430 14,518 i0,$69 |
24.031 26,611 52,045 24P60 7,577 11,650 |
||||
| intemsricori peblie ertuctrMJu |
14,000 | 16,125 | 14,000 | 16,12$ | 23,$28 | ||||||||||
| Jnnrm perpcnm Cmpcrsm Bond2Iuc Iavceuu Divcnigcd Inooms J2Jao (Nmety Oae Diversignl Jaeo |
30,NO 3$,020 |
$0,401 34,950 |
(61) | 30,000 35,020 |
$0,401 34,889 |
67.443 35,$07 |
|||||||||
| ISHS$TPS 0-5 laborer SZJPS 0.5UCITS ETF | 3,000 | 18,42$ | ( $,000) | ( 18,425) | |||||||||||
| ISHARES FfSB250 UCJTSETF | 1P30 | 39,972 | 1,930 | 39,922 | 37,384 | ||||||||||
| 5,500 | 10,276 | (5,500) | (10,276) | ||||||||||||
| H%f975FfSE 100/Emnaoxx 50lacome Amocsg | 40,000 | 40,000 | (40,000) | (40,000) | |||||||||||
| JPMUSEgrity Iaeome CJnc Earner fvcymty lecamo PAIFBGrass INC (Aegen prepmty) Legs!RGeeersl Grasp LPMutant Wright Nippus Yirid Blne Lieatmri Mnddy Iaccmc Bead BGross Inc Lleyds Ranldng Grouy Lyxor Coro US Tips ETFHedged Msygdr Cspi/al Property Income Treat bBTwentygn Dyasmic BndINct Meadi Ptc |
10,000 23,000 6,500 25,000 56P24 520 800 |
29,658 24,14$ 6,046 24,939 50,477 14,951 50,007 56„173 $„184 |
173 | 19,293 | ( 47) | 10,000 23,000 8,500 50,000 173 56P24 520 $N |
29,65$ 24,145 6,046 24,939 50,430 14,951 IOP93 50,007 $6,173 $,1$4 |
34,330 19,465 17,303 27,360 51,1$5 9,110 19,523 45,631 59,603 13,756 |
|||||||
| Reebrit Benridtm Gmup ~guetrucnc Group RioTinto |
300 175 20,000 5N |
15,221 6,42S 19,945 6,343 |
17$ 20,000 | 15P21 6,42$ 19,945 6,343 |
2143$ 11,4I9 25,560 27350 |
||||||||||
| Royal Detch ShcBB Scbrodcr Orienta income Fund |
IPN 14,3N |
25,468 26,675 |
1,260 14,300 |
2$,468 26,675 |
15,868 37,395 |
||||||||||
| Sebrodcn | 4N | 11,601 | 11,601 | I3P48 | |||||||||||
| Sudth BNcybew SPDR Sgrp lgl Dividcud Aririoerms ETPGSP Stewart Jnmsttn Asia PeciacBlac |
Soa 12,000 |
14,32$ 4,1M | I„ON | 13,086 | 1,000 12,0N |
13,086 14P28 4,!86 |
15,100 34,100 32,222 |
||||||||
| TcscoPic | 6,000 | 12,792 | 6,000 | 12,792 | 13,884 | ||||||||||
| Tressury UK(Govt oo 47571SNR 070320 Troy Asset Maaagemcnt limited - Troy Trojsa XInc Uniaxn UKJamsae BIuc |
20,aoa 40,138 g,aoo |
23,192 3S,686 19P36 |
(20,0N) | (73,192) | 40,138 S,ooo |
38,686 19936 |
46,071 19P58 |
||||||||
| Unihnr | 4N | ia,o52 | 4N | 10,052 | IZP68 | ||||||||||
| Vodegme Group | 6,552 | 16,619 | 6,557 | 16,619 | 7,924 | ||||||||||
| Weir Greep | 500 | IP91 | ($00) | ( 1,991) | 12,6$8 | 12,4N | |||||||||
| 461,191 | I,lgth456 | 96PSS | 39$P65 | (N, | (63„192) | (IN,695) | (151,112) | - | (219) | SSR754 | 1,172;NZ | ||||
| 3,079 | 3,079 | 67,$13 | |||||||||||||
| 1,193P35 | 117 6 |
1,41 670 | |||||||||||||
| Marhct valse b/fwd | 1,454,670 | ||||||||||||||
| Additioas | 198,865 | ||||||||||||||
| Dispessh | ( 294,115) | ||||||||||||||
| Chsage in valustioa | 61,258 | ||||||||||||||
| Msrhct vshe r/fwd | 1,418,678 |
| For the Yea | r Ended 31Decem | ber 2020 | ||||
|---|---|---|---|---|---|---|
| COST | VALUATION | |||||
| COST | VALUATION | PROCEEDS | PROFIT | PROFIT | ||
| f | f | (LOSS) f |
(LOSS) | |||
| Arb."mls Global Income | 25,872 | 21,876 | 22/26 | (3,647) | 350 | |
| Barclays | 18,224 | 6,470 | 6,693 | (11,531) | 223 | |
| Blackrock Continental | European Income D inc | 9,352 | 49,786 | 10,127 | 775 | (39,659) |
| Conventum Lyncal S |
12,739 | 31,559 | 12,706 | (33) | (18,853) | |
| Goldman Sachs Sterling liquid reserves | 50,000 | 50,000 | 49,993 | (7) | (7) | |
| Henderson Global Technology |
4,233 | 43,750 | 21,770 | 17,537 | (21,980) | |
| ISHS $TPS 0-5 Ishares | $TIPS 0-5 UCITS ETP | 18,425 | 19,845 | 19/52 | 827 | (593) |
| ITV | 10/76 | 4,107 | 3,516 | (6,761) | (591) | |
| lPM 975PTSE 100/Eurostoxa 50Income Autocall | 40,000 | 41,027 | 40,000 | (1,027) | ||
| Treasury UK (Govt of) | 4.75%SNR 07.03.20 | 23,192 | 20„147 | 20,000 | (3,192) | (147) |
| Weir Group | 1,991 214/05 |
7,548 296,115 |
7,516 ?13,799 |
5,525 (507) |
(32) (82@16) |
| 2020 | 2019 | ||
|---|---|---|---|
| Donations | |||
| John Eddleston Field | Society | 6,548 | 33,639 |
| Billinge Horticultural | Society | ||
| Parish Church ofStAidans | 833 | ||
| Other | 700 | ||
| 6,548 | 35,172 |
| INCOME AND EXPENDITURE ACCOUNT | INCOME AND EXPENDITURE ACCOUNT | ||
|---|---|---|---|
| for the year ended 31December 2020 | 2020 | 2019 | |
| Income | |||
| Investment income |
1,952 | 1,913 | |
| Distributions | |||
| Vicarage monies paid to the | Vicar ofBillinge | ||
| BALANCE SHEET | |||
| as at31December 2020 | 2020 | 2019 | |
| Investments | |||
| Charities Of5cial Investment | Fund | ||
| 3,765Income Shares | 3,765 | 3,765 |