2021-03-31-accounts

				Page
Legal and administrative		information
Report ofthe	trustees
Statement of	financial	activities
Income and expenditure		account
Balance sheet
Notes terming	part ofthe financial		statements

				Unrestricted	Restr let ed	Endo w me	nt	2021	202D
				Funds	Funds	Funds		Tata l	Total
					f.	E		6	f.
Income and endowments
Donation				50				50	50
Other trading activities									300
Investment income					2,948	25,702		28,650	39,812
Transfer to Income				17,722		(17,722)
Total Income				17,772	2,948	7,980		28,700	40,162
									see ~e
Expenditure an raising		funds
Inve atm ent managemen t		costs			915	7,980		8,895	10,167
Expenditure on charitable			activities
Governance Costs				2,650				2,650	1,988
Education				23,002				23,002	4,300
Cost af grant matting				25,652				25,652	6,288
Total expenditure				25,652		7,980		34,547	16,455
Net income/(expenditure)			and
net movement In	funds	before
gains and losses	an investments			(7,880)	2,033			(5,847)	23,707
Net (tosses)/gains	on investments				21,731	189,453		211,184	(135,550)
Net Mavement in	funds			(7,880)	23,764	189,453		205,337	(111,843)
Reconciliatian of	Funds
Total Funds brought	forward			27,070	166,926	1,249,967	1,443,963		1,486,504
Total Funds carried forward				19I190	190I690	1I439I42D	1I649I30D		1I555I806

							202I	2020
						Notes
Income
Donations	and		legacies			2	50	50
Rent						3		300
Investment		income				4	28,650	39,812
							28,700	40,162
Charitable		expenditure
Expenditure		on	raising		funds		8,895	10,167
Management		(k	administration
expenses							2,650	1,988
Grants tL prizes							23,002	4,300
							34,547	16,455
Operating	(deficit)/profit				for the year		(5,847)	23,707
Gains/(Losses)			on	investments			211,184	(135,550)
Surplus/(Deficit)				for the year			205,337	(111,843)

						Total	Prior
			Unrestricted	Restricted	Endowment	Funds	Year
			Funds E	Funds f	Funds E	2021 E	2020 E
Fixed Assets
Tangible assets					214,362	214,362	214,362
investments				153,717	1,225,055	1,378,775	1,154,372
Total fixed Assets				153,717	1,439,420	1,593,137	1,368,734
Current Assets
Cash at bank			19,190	36,973		56,163	75,229
Debtors
			19,190	36,973		56,163	75,229
Liabilities
Creditors falling due	within
one year
Net Current assets			19,1.90	36,973		55,153	7$,229
Total assets less current
LIabi Ilt les			19,190	190,590	1,439,420	1,649,300	1,443,963
Creditors: Amounts	falling due
aher more than one	year
Provisions for liabilities		and
Charges
Net assetc			19,190	190,690	1,439,420	1,549,300	1,443,953
The funds ofthe charity
Endowment fund					1,439,420	1,439,420	1,249,967
Restdcted income funds				190,690		190,690	166,926
Unrestricted income	funds		19,190			19,190	27,070
Total charity funds			19,190	190,690	1,439,420	1,649,300	1,443,953

2	Donations and Legacies Income	Donations and Legacies Income	Donations and Legacies Income		2021	2020
	Oonations				50
3	Other trading activities
	Rent					300
4	Investment income
	Dividends and Interest on listed		Investments		28,650	39,812
S	Expenditure on raising	funds
	Investment management	costs			8,895	10,167
6	Governance costs
	Insurance				927	926
	Staff Retirements				1,301	1,005
	Prizegivlng expenses					57
	Legal fees				337
	Advertising				85
					2,650	1,988
7	Costs ofactivities in furtherance		of charitable	obfectives
	i ibrary Fund: Rosemary	Aitken	Bequest		1,000
	Lvckman Bequest					500
	Keswick Academy				22,002	3,800
					23,002	4,300

Tangible fixed assets
	Freehold
	Land and
	buildings	Tote I
	E	E
At cost
Balance at I April 2020	214,362	214,362
Balance at 31 March 2021	214,362	214,362
Depreciation
Balance at I April 2020
Charged In the year
Balance at 31 March 2021
Net book value
As at 31 March 2021	214,362	214,362
As at 31 March 2020	214,362	214,362

Land at Howrahs		50,000	50,000
Security fencing	Er canopy at Lairthwalte	78,328	78,328
Land at rear ofschool		86,034	86,034
		214,362	214,362

Analysis	ofMovements	on Investm	ents
			Unrestricted	Restricted	Endowment
			Funds	Funds	Funds	Total
			E		E
Carrying	value (market	value) at
beginning	ofyear			118,767	1,035,605	1,154,372
Acquisitions				13,219		13,219
Acquisitions				41,869	365,023	406,892
Profit on	revaluation			21,731	189,453	211,184
Disposal s				(41,869)	(365,023)	(406,892)
Carrying	value (market	value) at
end ofyear				153,717	1,225,058	1,378,775

					Unrestricted	Restricted	Endowment
					Funds	Funds	Funds	Total
					F.
Opening balance at 1 April				2020	27,070	166i926	1,249,967	1,443,963
Net (outgoing)/incoming			resources		before
transfers and investment			gains		(25,602)	2,033	17,722	(5,847)
Transfers:
Investment	Income arising			on endowment
funds for unrestricted		purposes			17,722		(17,722)
Investment	gains					21,731	189,453	211,184
Balance at	31March	2021			19,190	190,690	1,439,420	1,649,300
Represented	by:
Tangible assets							214,362	214,362
Investments						153,717	1,225,058	1,378,775
Net current	assets				19,190	36,973	-	56,163
					19i190	190i690	li439i420	1649300