| Page | ||
|---|---|---|
| Trustees'annualreport | ||
| Independent | auditor's report to the members | |
| Statement of | financial activities | |
| Statement of | financial position | |
| Notes to the | financial statements | 10 |
| Registered | charity name | charity name | The Ernest Mason Youth | Foundation | |
|---|---|---|---|---|---|
| Charity registration | number | 522858 | |||
| Principal office | Lifford Hall | ||||
| Lifford Lane | |||||
| Kings Norton | |||||
| Birmingham | |||||
| B303JN | |||||
| The trustees | |||||
| TBateman (Chairman) | |||||
| EJA Morrell (Treasurer) | Appointed | 5January 2021 | |||
| TLewis | |||||
| H Rattle | |||||
| LDee | Appointed | 5January 2021 | |||
| Auditor | David Wells | ||||
| Chartered Accountant &Statutory Auditor |
|||||
| 33Purnells Way | |||||
| Knowle | |||||
| Solihull | |||||
| West Midlands | |||||
| B939JN | |||||
| Bankers | HSBC Bank Pic | ||||
| 130New Street | |||||
| Birmingham | |||||
| West Midlands | |||||
| B24JU | |||||
| Investment | managers | Canaccord Genuity Wealth Management | |||
| Saggar House | |||||
| Princes Drive | |||||
| Worcester | |||||
| WR1 2PG |
| YEA | R END | ED 31MAR | CH 2021 | |||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Unrestricted | Restricted | |||||
| funds | funds | Total funds | Total funds | |||
| Note | ||||||
| Income and endowments | ||||||
| Donations and legacies |
4 | 3,305 | ||||
| Investment income |
5 | 26W2 | 26,502 | 27,894 | ||
| Total income | 26502 | 26W2 | 31,199 | |||
| Expenditure | ||||||
| Expenditure on charitable |
activities | 6,7 | 28,793 | 28,793 | 34,249 | |
| Total expenditure | 28,793 | 28,793 | 34,249 | |||
| Net (expenditure) | (2,291) | (2,291) | (3.050) | |||
| Net gains/(losses) on investments |
10 | 209,995 | 209,995 | (123,942) | ||
| Net income/(expenditure) | and net | |||||
| movement in funds |
207,704 | 207,704 | (126,992) | |||
| Reconciliation offunds |
||||||
| Total funds brought forward | 1,087,689 | 13,000 | 1,100,689 | 1,227,681 | ||
| Total funds carried forward | 1,295,393 | 13,000 | 1308393 | 1,100,689 |
| 2020 | ||||||
|---|---|---|---|---|---|---|
| Note | ||||||
| Fixed assets | ||||||
| Managed investments |
12 | 1,037&684 | 834,990 | |||
| Other investments | 13 | 77789 | 74,117 | |||
| 1,115,473 | 909,107 | |||||
| Current assets | ||||||
| Cash atbank and in | hand | 195,220 | 193,914 | |||
| Creditors: amounts | falling due | |||||
| within one year | 14 | (2300) | (~2) | |||
| Net current assets | 19?920 | 191,582 | ||||
| Total assets less current liabilities | 1,100,689 | |||||
| Net assets | 1,100,689 | |||||
| Funds ofthe charity | ||||||
| Restricted funds | 13,000 | 13,000 | ||||
| Unrestricted funds |
1,295393 | 1,087,689 | ||||
| Total charity funds | 15 | 1308393 | 1,100,689 |
| Donations and legacies |
|||||
|---|---|---|---|---|---|
| Unrestricted | Total | Funds | Unrestricted | TotalFunds | |
| Funds | 2021 | Funds | 2020 | ||
| E | 8 | ||||
| Donations | |||||
| Donations | 3305 | 3305 |
| Investment i |
ncome | ||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2021 | Funds | 2020 | ||
| E | |||||
| Income from | listed investments | 25,930 | 25,930 | 27,053 | 27,053 |
| Bank interest | receivable | 572 | 572 | 723 | 723 |
| Government | interest | 118 | 118 | ||
| 26402 | 26402 | 27,894 | 27,894 |
| Total | Total | |||||
|---|---|---|---|---|---|---|
| Unrestricted | funds | Unrestricted | funds | |||
| funds | 2021 | funds | 2020 | |||
| E | ||||||
| Donations | to CCS (Birmingham) | Ltd | 21,000 | 21,000 | 28,000 | 28,000 |
| Investment | management | 6,643 | 6,643 | 5,119 | 5,119 | |
| Governance | costs | 1,150 | 1,150 | 1,130 | 1,130 | |
| 28,793 | 28,793 | 34,249 | 34,249 |
| Grant | ||||||||
|---|---|---|---|---|---|---|---|---|
| funding of | Support | Total funds | Total fund | |||||
| activities | costs | 2021 | 2020 | |||||
| 6 | ||||||||
| Donations | to CCS (Birmingham) | Ltd | 21,000 | 7,793 | 28,793 | 34,249 | ||
| 8. | Analysis | ofgovernance | costs | |||||
| 2021 | 2020 | |||||||
| Auditors | remuneration | 1,150 | 1,150 | |||||
| Other costs | 150 | |||||||
| 1,150 | 1,300 | |||||||
| 9. | Analysis | ofgrants | ||||||
| 2021 | 2020 | |||||||
| Grants to | institutions | |||||||
| Donations | to youth centre | 21,000 | ||||||
| Total grants | 21,000 |
| Unrestricted | Total | Funds | Unrestricted | Total Funds | ||||
|---|---|---|---|---|---|---|---|---|
| Funds | 2021 | Funds | 2020 | |||||
| 6 | ||||||||
| Gains/(losses) | on | listed | investments | 209,995 | 209,995 | (123,942) | (123,942) |
| Cost or valuation | |
|---|---|
| At 1April 2020 | 834,990 |
| Fair value movements | 202,694 |
| At 31March 2021 | 1,037,684 |
| Impairment | |
| At 1April 2020and 31March 2021 | |
| Carrying amount |
|
| At 31March 2021 | 1,037,684 |
| At 31March 2020 |
| Other investments | |||
|---|---|---|---|
| CBFCofE | Charibond | Total | |
| 6 | 6 | ||
| Cost or valuation | |||
| At 1April 2020 | 13,057 | 61,060 | 74,117 |
| Revaluation | 2,033 | 1,639 | 3,672 |
| At 31March 2021 | 15,090 | 62,699 | 77,789 |
| Impairment | |||
| 1April 2020and 31March 2021 | |||
| Carrying amount |
|||
| At 31March 2021 | 15,090 | 62,699 | 77,789 |
| At 31March 2020 | 13,057 | 61,060 | 74,117 |
| 2021 | 2020 |
|---|---|
| 5 | |
| 2300 | 2332 |