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|---|---|---|
|CONTENTS||PAG|
|Trustees'
Annual
Report||1-4|
|independent
Examiner's|Report||
|Statement
of Financial Activities|||
|Balance Sheet|||
|Notes forming part ofthe|Financial Statements|8-12|
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|Trustee Name|Office||
|---|---|---|
|N. Law|Chairman||
|S, Brownwood|Treasurer||
|Dr. H. IVIiller|Trustee||
|T. Poole-Nandy|Trustee|Resigned 31"October 2020|
|E.Schofield|Trustee||
|A Coyle|Trustee||
|P C Holmes|Trustee|Resigned 8'" August 2020|
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|||Notes|Restricted Total|Restricted Total|
|---|---|---|---|---|
||||Funds 2021|Funds 2020|
||||E||
|INCOME AND EXPENDITURE|||||
|Income and Endowments|||||
|Investment
income|||19,'I54|21,559|
|Other incoming
resources|||12000|12000|
|Totallncoming
Resources|||31154|33 559|
|Expenditure|||||
|Investment
management|cost||1,809|432|
|Charitable
activities|||47,994|80,288|
|Governance
costs|||~9919|11440|
|Total Expenditure|||59 722|92 160|
|Net (outgoings)
before|other||||
|recognised
gains and losses|||(28,568)|(58,601)|
|OTHER RECOGNISED GAINS AND LOSSES|||||
|Gains on investment|||||
|Net realised gains|||3,822|8,701|
|Net unrealised
(losses)/|gains||22~1487|~209 782|
|NET MOVEMENT
IN FUNDS|||196,741|(159,682)|
|Reconciliation
ofFunds|||||
|Fund balances brought|forward 1stAprii 2020||856104|1015786|
|Fund balances carried forward at31stMarch||2021|||
|||||Notes||2021|2020||
|---|---|---|---|---|---|---|---|---|
|FIXED ASSETS|||||||||
|Tangible assets
investments||||6
7||t
49,086
994 '5'5|' 51,5'IO
Z9~2||
||||||]~0&~35&L1||8~45 8'&Q||
|CURRENT ASSETS|||||||||
|Debtors
Cash at bank|||||10|15+2+|3,000
QQ~8g||
|TOTAL CURRENT ASSETS||||||15 624|138 0||
|LIABILITIES|||||||||
|Creditors:
Amounts
within|falling due
one year|||||||(6,320)-|
|(3,608)
Net Current Assets|||||||.QiglJJ)||
|TOTAL ASSETS LESS||CURRENT LIABILITIES|||||~05
845||
|55kl94|||||||||
|The funds ofthe charity:|||||||||
|Restricted income|funds|||||~152 845|||
|Total Charity Funds||||||MiZJ8h|||
|Approvedgy, the Board of Trustees|||on|||and signed on its behalf by|||
|j r'|||||||||
|||Trustee|||||||
|||Trustee|||||||
|The notes on pages||8 to 12form|part|of these|accounts||||
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|Investments
quoted
on|a recognised|a recognised|stock exchange|stock exchange|are valued|at market|value at the year end.|value at the year end.|
|---|---|---|---|---|---|---|---|---|
|Other investment
assets|are|included|at trustees'|best|estimate of market value.||||
|INVESTMENT INCOME|||||||2021|2020|
||||||||f|f|
|Dividend —U.K. Equities,|Overseas Securities and|||interest||19,150||21,422|
|Bank interest|||||||4|19|
|Gain on foreign currency|exchange rate|||||||118|
|||||||19154||21559|
|ANALYSIS OF EXPENDITURE|||||||||
|INVESTMENT MANAGEMENT||COSTS|||||||
|Investment
management|fees|||||~1809||~43|
|Charitable
Activities|||||||||
|Grant making||||||||80 288|
|GOVERNANCE
COSTS|||||||||
|Advertising
costs||||||||1,500|
|Depreciation
(note 6)||||||2,424||2,428|
|Insurance|||||||685|619|
|Donation|||||||500||
|Secretary's
Remuneration|—Mrs. A.Alderson|||||3,500||3,500|
|Independent
Examiner's|charges (note||5,1)|||2,520||2,760|
|Bank charges|||||||48|85|
|Printing, postage and stationery|||||||188|404|
|Sundries|||||||54|144|
|||||||9919||11440|
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|5.|DETAILS|OF CERTAIN ITEMS OF EXPENDITURE|OF CERTAIN ITEMS OF EXPENDITURE|OF CERTAIN ITEMS OF EXPENDITURE|||||
|---|---|---|---|---|---|---|---|---|
||5.1|Fees for examination
of|the accounts||2021|||2020|
||||||f|||E|
|||Independent
examiner's|fees for reporting||||||
|||on the accounts|||450|||450|
|||Other fees paid to the independent||examiner|2070||2310||
||||||~2520||~2760||
|6.|TANGIBLE ASSETS||||||||
|||||Land and|Furniture|and|||
|||||Buildings|Equipment||Tota I||
||Cost:|||E|||E||
||Balance|at 1st April 2020|||||||
||and 31stMarch 2021|||120553|13160||134|113|
||Depreciation:||||||||
||Brought|forward
at 1stApril 2020||69,600|13,003||82,603||
||Charge|for the year||~2400|24||~2424||
||Carried|forward at 31stMarch 2021||72000|13027||65|027|
||Net book value as at 31stMarch||2021||132||||
||Net book value as at 31stMarch||2020|~51353|156||51|510|
||Depreciation
rate|||2%SL|15%RB||||
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|||NOTES TO THE ACCOUNTS
CONTINUED|NOTES TO THE ACCOUNTS
CONTINUED|NOTES TO THE ACCOUNTS
CONTINUED|NOTES TO THE ACCOUNTS
CONTINUED|FOR|THE YEAR|ENDED 31STMARCH|2021|
|---|---|---|---|---|---|---|---|---|---|
|7.|INVESTMENT ASSETS|||||||2021|2020|
|||||||||f|f|
||7,1|Fixed Asset Investments||||||||
|||Market value 1stApril 2020||||||794,313|793,593|
|||Additions|||||||940,110|
|||Disposals||||||(25,167)|(838,309)|
|||Net realised
gains||||||3,822|8,701|
|||Net unrealised
gains/(losses)||||||221487|~109782|
|||Market value 31stMarch 2021||||||$9~~45|794313|
|||Cost as at 31st March 2021|||||||900663|
||7.2|Analysis of Investments||||||Market Value|at year end|
|||Investments
listed on a recognised|||stock|||||
|||exchange or held
in common|investment|||||||
|||funds, open ended investment||companies,||||||
|||unit trusts or other collective|investment|||||||
|||schemes.||||||994,455|7947313|
|||Cash held as part ofthe investment|||portfolio|||518|~8010|
|||Total||||||994~|802 323|
||7.3|Material Investment
Holdings||||||||
|||No investments
were above the materiality|||||rate of|||
|||5%ofthe value ofthe portfolio||other than investments||||in Unit Trusts.||
|8.|DEBTORS|||||||2021|2020|
||Rent||||||||3,000|
||||||||||3000|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||f||
|9.|CREDITORS: AMOUNTS|||FALLING|DUE|||
|||WITHIN ONE YEAR||||||
||Accrued:|||||||
||Independent
Examiner's|||charge||2,520|2,520|
||National|Westminster|Bank —Current Account|||2,799|1,088|
||Credit Card Account|||||1001||
|||||||~6320|36 8|
|10.|CASH AT|BANI&||||||
||National|Westminster|Bank —Business Reserve Account|||15,106|2,880|
||Rathbone|Investment|Management||—Dealing Account|518|8010|
|||||||~166 4|~0+90|
|11.|TRUSTEE|EXPENSES AND||REMUNERATION||||
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