| Statement ofOfficers | Page 1 | |
|---|---|---|
| Trustees' Report |
Page 2-3 | |
| Statement ofTrustees' | Responsibilities | Page 4 |
| Independent Examiner's |
Report | Page 5 |
| Statement of Financial Activities | Page 6 | |
| Balance Sheet | Page 7 | |
| Accounting Policies |
Page 8-9 | |
| Notes on the Accounts | Page 10 —11 |
| Registered | Registered | Number | 519203 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Trustees | FJ Muller | SCWalker - Chairman | ||||||||||
| JJ Hargan 5Page |
BJMassarella (appointed 12September 2020) 5 Davis (appointed 12September 2020) |
|||||||||||
| LP Merrick - Clerk and | Treasurer | L R Page | (appointed | 12September 2020) | ||||||||
| Principal | Address | The Clerk to | the Mount | St Mary's College Centenary | Further Education | Fund | ||||||
| 23 Orchard | Close | |||||||||||
| Barlborough | ||||||||||||
| Chesterfield | ||||||||||||
| 5434NX | ||||||||||||
| Principal | Banker | National Westminster | Bank pic | |||||||||
| 5 Market Place | ||||||||||||
| Chesterfield | ||||||||||||
| Derbyshire | ||||||||||||
| 540 1TJ | ||||||||||||
| Independent | Examiner | D A Kay FCA | ||||||||||
| Barlow Andrews | LLP | |||||||||||
| Carlyle House | ||||||||||||
| 78 Chorley New Road | ||||||||||||
| Bolton | ||||||||||||
| BL14BY |
| Unrestricted | Funds | |||||
|---|---|---|---|---|---|---|
| Note | 2021 | 2020 | ||||
| 6 | f | |||||
| Income | ||||||
| Donations and legacies Investment income |
37,077 9,601 |
50,619 12,909 |
||||
| Total income | 46,678 | 63,528 | ||||
| Expenditure | ||||||
| Raising funds: | ||||||
| Investment management |
fees | 2,913 | 3,121 | |||
| Charitable activities: |
||||||
| Student grants INeb hosting |
13,417 28 |
19,487 | ||||
| Accountancy | 720 | 720 | ||||
| Totalexpenditure | 17,078 | 23,328 | ||||
| Net income | 29,600 | 40,200 | ||||
| Net gains/(losses) | on investments | |||||
| Realised gains/(losses) | on | |||||
| investment assets |
18,880 | (368) | ||||
| Unrealised gains/(losses) |
on | |||||
| investment assets |
37,332 | (52,785) | ||||
| Net movement in funds |
85,812 | (12,953) | ||||
| Total funds brought | forward | 352,074 | 365,027 | |||
| Total funds carried | forward | 437,886 | 352,074 |
| Note | 2021 | 2020 | |
|---|---|---|---|
| f | f | ||
| Fixed assets | |||
| Investments | 2 | 324,313 | 265,123 |
| 324,313 | 265,123 | ||
| Current assets | |||
| Cash at bank Shortterm deposits |
3 | 103,658 10,663 |
80,687 6,984 |
| 114,321 | 87,671 | ||
| Current liabilities | |||
| Accrued expenses | (748) | (720) | |
| Net current assets | 113,573 | 86,951 | |
| Net assets | 437,886 | 352,074 | |
| The funds ofthe charity: | |||
| Unrestricted funds |
5 | 437,886 | 352,074 |
| Total charity funds | 437,886 | 352,074 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| 6 | 6 | |||||
| 1 | Donations and legacies |
|||||
| Legacy- Kenneth John Legacy —John Anthony |
McLaughlin deceased Harrison snell deceased |
37,077 | 13,619 37,000 |
|||
| 37,077 | 50,619 | |||||
| 2 | Fixed assets - Investments | |||||
| Cost/market value |
||||||
| Market value | At 6 April 2020 | 265,123 | 318,316 | |||
| Additions Proceeds |
220,872 (217,894) |
5,575 (5,615) |
||||
| 268,101 | 318,276 | |||||
| Realised gains/(losses) | 18,880 | (368) | ||||
| Net movement on revaluation |
37932 | (52,785) | ||||
| Market value | At 5 April 2021 | 324,313 | 265,123 | |||
| Historical cost | At 5 April 2021 | 311,784 | 289,926 | |||
| 3 | Short term deposits | |||||
| Funds held by stockbrokers | 10,663 | 6,984 | ||||
| 10,663 | 6,984 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| f | f | ||||
| 4 | Financial instruments | ||||
| Carrying amount of financial | assets | ||||
| Equity investments measured |
at market value | 324,313 | 265,123 | ||
| Carrying amount offinancial | liabilities | ||||
| Measured at amortised |
cost | 720 | |||
| 5 | Unrestricted funds |
||||
| Capital and Income Funds | |||||
| At 6 April 2020 | 352,074 | 365,027 | |||
| Realised gains/(losses) | 18,SSO | (368) | |||
| Net movement on revaluation |
37,332 | (52,785) | |||
| 408486 | 311,874 | ||||
| Net income for the year | 29,600 | 40,200 | |||
| At 5 April 2021 | 437,886 | 352,074 | |||
| Total Unrestricted Funds |
437,886 | 352,074 |