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|
##