Charity number. 516954 THE GEORGE WARD CHARITABLE TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021
| Page | |||||
|---|---|---|---|---|---|
| Reference and administrative | details ofthe charity, its trustees | and advisers | |||
| Trustees' report |
2-4 | ||||
| Independent examiner's |
report | ||||
| Statement offinancial activities | |||||
| Balance sheet | |||||
| Statement ofcash flows | |||||
| Notes to the financial statements | g-17 | ||||
| The following pages do not |
form | part ofthe statutory | financial statements: | ||
| Schedule ofinvestments | 17-23 |
| Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2021 | 2021 | 2020 | ||||
| Note | E | E | ||||
| INCOME FROM: | ||||||
| Donations and legacies |
150 | 150 | 219 | |||
| Investments | 38,923 | 38,923 | 39,969 | |||
| TOTAL INCOME | 39,073 | 39,073 | 40,188 | |||
| EXPENDITURE ON: | ||||||
| Investment management |
costs | 7,636 | ?,636 | 8,658 | ||
| Charitable activities |
7,130 | 7,130 | 63,509 | |||
| TOTAL EXPENDITURE | 14,766 | 14,766 | ?2,167 | |||
| NET INCOME / (EXPENDITURE) BEFOREINVESTMENT |
||||||
| GAINS | 24,307 | 24,307 | (31,979) | |||
| Net gains on investments | 73,406 | 73,406 | 16,991 | |||
| NET INCOME / (EXPENDITURE) BEFOREOTHER |
||||||
| RECOGNISED GAINS | AND | LOSSES | 97,713 | 97,713 | (14,988) | |
| Gains/(losses) on revaluations |
offixed assets | 218,537 | 218,537 | (199,676) | ||
| NET MOVEMENT IN FUNDS |
316,250 | 316,250 | (214,664) | |||
| RECONCILIATION OF FUNDS: |
||||||
| Total funds brought forward |
1,087,621 | 1,087,621 | 1,302,285 | |||
| 1,403,871 | 1,403,871 | 1,087,621 | ||||
| TOTAL FUNDS CARRIED FORWARD |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Note | E | ||||||
| Cash flows from operating | activities | ||||||
| Net cash | used in operating |
activities | (11,616) | (77,948) | |||
| Cash flows from investing | activities: | ||||||
| Dividends | and interest from | investments | 38,923 | 39,969 | |||
| Proceeds | from sale of investments | 351,316 | 336,306 | ||||
| Purchase | of investments | (390,824) | (296,336) | ||||
| Net cash | (used in)/provided | by investing | activities | (585) | 79,939 | ||
| Change | in cash and cash | equivalents | in | the year | (12,201) | 1,991 | |
| Cash and | cash equivalents | brought forward |
36,224 | 34,233 | |||
| Cash and cash equivalents | carried forward | 12 | 24,023 | 36,224 |
| INCOME FROM DONATIONS AND |
LEGACIES | ||
|---|---|---|---|
| Unrestricted | Total | Total | |
| funds | funds | funds | |
| 2021 | 2021 | 2020 | |
| F | |||
| Donations | 150 | 150 | 219 |
| Total 2020 | 219 | 219 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Age UK - Barwell - Social Event | 500 | |||||
| Age UK - Earl Shilton - Social Event | 1,000 | |||||
| Barwell and Earl Shilton Disability Group - Social Event | 750 | |||||
| Barwell Bloomers | 300 | |||||
| Barwell Outdoor Bowling Club |
5,000 | |||||
| Barwell Methodist Church |
1,000 | |||||
| Barwell PCC | 5,000 | |||||
| British Dyslexics - Hickley 8 Bosworth | area | 1,600 | ||||
| Contact the Elderly - Hinckley | 175 | |||||
| DLRAA | 2,000 | |||||
| Earl Shilton in Bloom |
300 | |||||
| George Ward Table Tennis Club | 2,500 | |||||
| Harvey House, Barwell Home for the | Elderly - Comforts | Fund | 750 | |||
| Hinckley 8 Bosworth Ada Lovelace | 250 | |||||
| Hinckley 8 District Mencap Society |
1,000 | |||||
| Hinckley 8 District Museum Limited |
1,500 | |||||
| Hinckley Homeless Group |
3,000 | |||||
| Leicester Hospital's Charity |
1,000 | |||||
| Leukaemia Research - Hinckley |
8 Bosworth Branch | 750 | ||||
| LOROS | 1,000 | |||||
| Mayflower Court Residence Association - Comforts |
Fund | 750 | ||||
| Meadow Road Community Centre, Barwell |
300 | |||||
| Menphys Nursery Burbage |
750 | |||||
| Parkinsons Disease Society - Hinckley 8 District Branch |
750 | |||||
| ProstAid | 1,000 | |||||
| Rainbows Children Hospice |
1,000 | |||||
| SNIPS | 500 | |||||
| St Francis Scout Group | 250 | |||||
| St Marys Church Barwell |
3,000 | |||||
| Stoke Golding Garden Show | 500 | |||||
| The George Ward Centre | 1,000 | |||||
| The Limes Home for the Elderly, | Hinckley - Comforts | Fund | 750 | |||
| The Royal British Legion, Barwell | 750 | |||||
| The Salvation Army, Hinckley Branch |
1,500 | |||||
| The Trees, Hinckley Residential | Home | 750 | ||||
| Tom Eatough Court Trust - Comforts |
Fund | 750 | ||||
| VISTA - Social group | 500 | |||||
| Total | 41,925 |
| SUPPORT COSTS | ||||
|---|---|---|---|---|
| Unrestricted | Total | Total | ||
| funds | 2021 | 2020 | ||
| F | ||||
| Overdale House Ltd |
2,300 | |||
| Independent examiners fee |
575 | 575 | 575 | |
| Accountancy and general administration |
fees | 6,515 | 6,515 | 15,919 |
| Committee members' expenses |
2,750 | |||
| Data protection register fee |
40 | 40 | 40 | |
| Support costs total 2021 | 7,130 | 7,130 | 21,584 | |
| Support costs total 2020 | 21,584 | 21,584 |
| Listed | |||
|---|---|---|---|
| securities | |||
| E | |||
| Market value | |||
| At 6April 2020 | 1,060,627 | ||
| Additions | 390,824 | ||
| Disposals | (351,316) | ||
| Net investment | gain | in the year | 291,943 |
| At 5 April 2021 | 1,392,078 |
| 7. | CREDITORS: Amounts | CREDITORS: Amounts | falling due within one year | ||
|---|---|---|---|---|---|
| 2021f | 2020 | ||||
| Accruals and deferred | income | 12,230 | 9,230 |
| STATEMENT | OF FUNDS - CUR | RENT YEAR | ||||
|---|---|---|---|---|---|---|
| Balance at | Gains/ | Balance at | ||||
| 6April 2020 | Income | Expenditure | (Losses) | 5April 2021 | ||
| E | E | |||||
| Unrestricted | funds | |||||
| General Funds - all funds | 1,087,621 | 39,073 | (14,766) | 291,943 | 1,403,871 | |
| STATEMENT | OF FUNDS - PRIOR YEAR | |||||
| Balance at | Gains/ | Balance at 5 | ||||
| 6April 2019 | Income | Expenditure | (Losses) | April 2020 | ||
| E | F | |||||
| General Funds | - all funds | 1,302,285 | 40,188 | (72,167) | (182,685) | 1,087,621 |
| Total offunds | 1,302,285 | 40,188 | (72,167) | (182,685) | 1,087,621 | |
| SUMMARY OF FUNDS - CURRENT YEAR | ||||||
| Balance at | Gains/ | Balance at | ||||
| 6April 2020 | Income | Expenditure | (Losses) | 5April 2021 | ||
| E | f, | E | E | |||
| General funds | 1,087,621 | 39,073 | (14,766) | 291,943 | 1,403,871 | |
| SUMMARY OF FUNDS - PRIOR YEAR | ||||||
| Balance at | Gains/ | Balance at 5 | ||||
| 6April 2019 | Income | Expenditure | (Losses) | April 2020 | ||
| F | E | f. | ||||
| General funds | 1,302,285 | 40,188 | (72,167) | (182,685) | 1,087,621 |
| Unrestricted | Total | |||||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | |||||||
| 2021f | 2021 F |
|||||||
| Fixed | asset investments | 1,392,078 | 1,392,078 | |||||
| Current assets | 24,023 | 24,023 | ||||||
| Creditors due within | one year | (12,230) | (12,230) | |||||
| 1,403,871 | 1,403,871 | |||||||
| ANALYSIS OF NET ASSETS | BETWEEN FUNDS - PRIOR YEAR | |||||||
| Unrestricted | Total | |||||||
| funds | funds | |||||||
| 2020 | 2020 | |||||||
| Fixed | asset investments | 1,060,627 | 1,060,627 | |||||
| Current assets | 36,224 | 36,224 | ||||||
| Creditors due within | one year | (9,230) | (9,230) | |||||
| 1,087,621 | 1,087,621 | |||||||
| 11. | RECONCILIATION | OF NET | MOVEMENT | IN FUNDS TO NET CASH FLOW FROM OPERATING | ||||
| ACTIVITIES | ||||||||
| 2021 | 2020 | |||||||
| E | E | |||||||
| Net income/(expenditure) | for the year (as | per Statement | of Financial | |||||
| Activities) | 97,713 | (14,988) | ||||||
| Adjustment | for: | |||||||
| Dividends and interest from investments |
(38,923) | (39,969) | ||||||
| Losses/gains | on the sale of investments | (73,406) | (16,991) | |||||
| Increase/(decrease) | in creditors | 3,000 | (6,000) | |||||
| Net cash used in operating | activities | (11,616) | (77,948) | |||||
| 12. | ANALYSIS OF CASH AND CASH EQUIVALENTS | |||||||
| 2021 | 2020 | |||||||
| E | ||||||||
| Cash in hand |
24,023 | 36,224 | ||||||
| Total | 24,023 | 36,224 |