| CONTENfS | ||
|---|---|---|
| Pages | ||
| 34 | Tructees'Report | |
| 5 | IndependentExaminer's Report | |
| 6 | Statementof FinancialA&ivities | |
| 6 | OtherComprehensiveIncome | |
| 7 | StatementofFinancialPosition | n |
| I | StatsmentofChangesin Equity | |
| 9-14 | Notes to theFinancialStatements |
| Note | 2021 | 2020 | |
|---|---|---|---|
| g | t | ||
| INCOMINGRESOURCES | |||
| Investment Income | 2 | 42,045 | 47,082 |
| Otherincoming resollrcss | 3 | 29324 | 37,241 |
| TOThL INCOMINGRESOURCES | 71369 | 84,323 | |
| E)(PENI}ITURE | |||
| Properlyexpenses | 69,854 | 73,188 | |
| Management and adminishation | 849 | 1,350 | |
| Pmfessionalfees | 4 | 4rffi6 | 9,928 |
| Grants payable | 5 | ll,714 | 13,175 |
| TOIhLEXPENDTIURE | 87,A73 | 97,641 | |
| NET (EXPENDITUREY INCOMEANIDNETMOYEMENT | |||
| INFUNDSBEFOREGAINSANDLOSSESON | |||
| Ih[YESTMENTS | (15,654) | (13,318) | |
| NetGaiffi (Losses)on invesfirrentassets | zta,4t4 | (24,072) | |
| ][ETMOYEMENTINFI}NDS | 194,760 | (j7,3e0) | |
| NET TUNDS FORTEEFINAIICIALYEAR | f,194,760 | f(s7,390) |
STATEMENTOFFINANCIAL |
BOSTflONA |
T3IMAR | CH2021 | ||
|---|---|---|---|---|---|
| Note | 2021 | 2020 | |||
| t | f | ||||
| FTXEI}ASSETS | |||||
| Property,plantandequipment | 1,6{13,$00 | 1,603,000 | |||
| Investuents heldasfixedassets | L3s7$87 | t,146,873 | |||
| 21960,2W | 2.749.873 | ||||
| CURRENTASSETS | |||||
| Debtors | 128,9M | 98,596 | |||
| Cashatbankandin hand | 52,543 | 88,468 | |||
| l8l,M7 | 186,664 | ||||
| CREDffORS:AnounBfallingduewithiu{meyeer | 10 | 19,555 | 9,118 | ||
| NETCI]RRENTASSETS | 16t,892 | 177,546 | |||
| NETASSETS | f, | 3,122,179 | f | 2,927,419 | |
| RESTRICTEDRESERYES | |||||
| Revaluatioareserve | (seepage8) | u8,714 | 448,714 | ||
| EndowmentFunds | (seepage 8) | 2,6731465 | 2,478,705 | ||
| TOIALFT'NDS | g | 3,122,179 | t | 2,927,4t9 | |
| w[,* | |||||
| Richard Morse,Trustee |
| FORTITEYEAR | ENDED31MARCH | 2021 | ||
|---|---|---|---|---|
| Rcvaluation | Reteined | Totsl | ||
| re3er9e | eamilgs | equrq | ||
| t | €f | |||
| At31MalEe 2019 aadIApril2019 Lmsfortheyear |
448,714- | 2,516,095 (37390) |
2,964,809 (37,390) |
|
| At3lMuch202OaldIAFdl2020 | M&,714 | ?A78;7A5 | 2,927119 | |
| h,ofitfortbeysar | 194,7ffi | 194.760 | ||
| At31 Milc'h2021 | t | 448,714i |
2"673,465t | 3,122,t19 |
| II\IVESTMENTINCOME | ||
|---|---|---|
| 2g2t f |
2020 i |
|
| Interest onCashDeposits | 164 | |
| Dividendsreceivedfrom COIF CharityFuuds | 42,013 | 46,91I |
| 42,M5 | 47,082 |
| FOR THEYEAREND OTHERINCOMINGRESOURCES |
ED31MARC | H2021 | |
|---|---|---|---|
| 2021 f |
202t) t. |
||
| Renls | 29,324 | 37.24t | |
| 29,324 | 37,241 | ||
| PROFESSIONALFEES | |||
| 2021 | 2020 | ||
| *, | {, | ||
| Legalfees-leasedilapidationsand reatreviews | 4,440 | ||
| Professionalfees-chariered surveyorsleasedilapidatiors Professionalfees- grazinglicence |
I | 3,336 24A |
4,528 |
| Indepandentexamination ofthefinancialstatements | 1,030 | 1.004 | |
| 4,606 | 9,928 | ||
| GRANTSPAYABTE | |||
| 2021 | 2020 | ||
| f | f. | ||
| Toh.lgrantspayable | 11,714 | ti,t75 |
| PROPERIY,PLA}ITAI\IDEQUIPMENT | ||
|---|---|---|
| Freehold | Total | |
| Land& | ||
| Buildings ff |
||
| Valuation | ||
| AtIApri12020 | 1,603,0001,603,000 | |
| At31March2021 | 1,603,0001"603,000 | |
| Depreciation | ||
| At3lMarch2021 | ||
| NetBookAmounts | ||
| At31March2021 At31March 2020 |
ryjj98 f,1,603,000f1,603,000 |
| INVESTMENTSIIELDASFIXEDASSETS | ||
|---|---|---|
| COIF | ||
| Charity | ||
| Funds | Totel | |
| *, | f, | |
| Coetorvaluation | ||
| AtI April2020 Revaluation (loss)lgain |
1,146,873 210,414 |
1,146,973 2t0Ar4 |
| At3lMarch2021 | 1,357,287 | 1,357,287 |
| Amountswrittenoff | ||
| At3lMarch2021 | ||
| NetBookAmsunts | ||
| At31March2021 | f,1,357,287 | f,1,357,287 |
| At31Mareh 2020 | f"1,146,873 | t1,146,873 |
| 9. | DEBTORS | 2021 t |
2020 { |
|
|---|---|---|---|---|
| Amountsfatlingduewithinone year: | ||||
| Other debtors | 33,904 | 3.596 | ||
| f,33,9M | 3,596 | |||
| Amouatsfallingdue afrer more than oneyear: | ||||
| Amsrmtsowed by related companies(seenote12) | 95,000 | 95,A00 | ||
| f | 95,000 | f,9s,000 |
| CREDITORS:AMOUNTSFALLINGDUEWTTHIN | GNEYEAR | |||
|---|---|---|---|---|
| 2021 f |
2020 t, |
|||
| Other creditorsand accnrals | 19,555 | 9,118 | ||
| f, | 19,555 | f. | 9,118 |