| INDER | ||
|---|---|---|
| Page | ||
| Trustees' Annual Report |
1-2 | |
| Independent Examiner's |
Report | |
| Receipts and Payments | Account | |
| Statement ofAssets and Uabilities | ||
| Notes tothe Accounts | ||
| Schedule ofinvestments |
| The charity's | advisers | during the year ended 9October 2021were: | |||
|---|---|---|---|---|---|
| Solicitors | Hallmark Hulme LLP, 3-5 Sansome Place, |
Worcester, WR1 1UQ | |||
| Administrator | Bryony Gaskell, 7 Swan Orchard, Alfrick, | Worcestershire, | WR6 SHZ | ||
| Bankers | Lloyds Bank pic, The Cross, Worcester, WR1 | 3PY | |||
| Stockbrokers | Canaccord Genuity Wealth Management, | Princes Drive, | |||
| Worcester, WR1 2AB | |||||
| Independent | Examiner | R.l.Richards, The Richards Sandy Partnership | Limited, Chartered | ||
| Certified Accountants, Thorneloe House, |
25 | Barbourne | Road, | ||
| Worcester, WR1 1RU |
| FORTHE YEARENDED | 9 OCTOBER | 2021 | ||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| UNRESTRICTED | RESTRICTED | TOTAL | TOTAL | |||
| INCOME | FUND | CAPITAL FUND | FUNDS | FUNDS | ||
| f | f | f | f | |||
| Receipts | ||||||
| Investment income: |
||||||
| Dividends and interest |
from | |||||
| listed investments | 25,655 | 779 | 26,434 | 24,225 | ||
| Bank and other deposit interest | 6 | 194 | ||||
| Proceeds ofsale ofinvestments | 176,980 | 176,980 | 98,799 | |||
| Total receipts | 25,661 | 177,759 | 203,420 | 123,218 | ||
| Payments | ||||||
| Direct charitable expenditure: | ||||||
| Grants to students | 25,192 | 25,192 | 26,113 | |||
| Investment management |
charges | 3,780 | 3,780 | 3,609 | ||
| Administration | 1,500 | 1,500 | 3,000 | 4,590 | ||
| Independent Examination |
420 | 420 | 420 | |||
| Purchase ofinvestments | 186,612 | 186,612 | 84,191 | |||
| Total payments | 27,112 | 191,892 | 219,004 | 118,923 | ||
| Net receiptsl(payments) | forthe year | (1,451) | (14,133) | (15,584) | 4,295 | |
| Bank balances at9October 2020 | 55,159 | 19,290 | 74,449 | 70,154 | ||
| Bank balances at9October 2021 | 53,708 | 5,157 | %S,865 | 74,449 |
| ASAT9OC | TOBER2021 | |||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| RESTRICTED | ||||||
| UNRESTRICTED | CAPITAL | TOTAL | TOTAL | |||
| INCOME | FUND | FUND | FUNDS | FUNDS | ||
| E | E | E | E | |||
| Cash and bank deposRst | ||||||
| Bank current | account | 10,959 | 10,959 | 3,798 | ||
| Stockbroker | deposit account | 263 | 3,444 | 3,707 | 16,459 | |
| Charities deposit fund | 42,486 | 1,713 | 44,199 | 54,192 | ||
| 53,755 | 5,157 | 55,855 | 74,449 | |||
| Investment | assets: | |||||
| Investments | at market value (see page 7) | 622,872 | 622,872 | 575,235 | ||
| Uabilities: | ||||||
| independent | Examiner's fees | 432 |
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