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|Trustees'
report|||
|Statement oftrustees'|responsibilities||
|Independent
auditor's|report|5-7|
|Statement offinancial|activities||
|Balance sheet|||
|Notes to the financial|statements|10 - 21|
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||||Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|
||||funds|funds|funds|||
||||2021|2021|2021|2021|2020|
|||Notes|E|6||8|6|
|Income from:||||||||
|Income from charitable|activities|3|193,347|||193,347|217,519|
|Investments||4|19,014|12,311||31,325|33,521|
|Total income|||212,361|12,311||224,672|251,040|
|E~*di1||||||||
|Raising funds|||||4,271|4,271|3,914|
|Charitable
activities||6|117,381|||117,381|179,104|
|Total resources expended|||117,381||4,271|121,652|183,018|
|Net gains/(losses)
on investments||11|4,076||248,853|252,929|(158,125)|
|Net incoming/(outgoing)|resources||99,056|12,311|244,582|355,949|(90,103)|
|Other recognised
gains and losses||||||||
|Revaluation
oftangible|fixed assets||||(21,209,059)|(21,209,059)||
|Net movement
in funds|||99,056|12,311|(20,964,477)|(20,853,110)|(90,103)|
|Fund balances at 1 September 2020|||642,963|51,320|24,605,922|25,300,205|25,390,308|
|Fund balances at 31August 2021|||742,019|63,631|3,641,445|4,447,095|25,300,205|
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||||||2021||2020|
|---|---|---|---|---|---|---|---|
|||||Notes|6|6|6|
|Fixed assets||||||||
|Tangible assets||||13||80,000|21,480,000|
|Investment|properties|||14||2,325,001|2,065,000|
|Investments||||15||1,244,285|1,064,679|
|||||||3,649,286|24,609,679|
|Current assets||||||||
|Debtors||||17|46,975||62,684|
|Investments||||18|1||1|
|Cash at bank and in||hand|||795,922||688,282|
||||||842,898||750,967|
|Creditors:
one year|amounts|falling|due within|19|(45,089)||(60,441)|
|Net current|assets|||||797,809|690,526|
|Total assets less current|||liabilities|||4,447,095|25,300,205|
|Capital funds||||||||
|Endowment|funds -|eneral||||||
|General endowment||funds|||3,641,445||20,517,402|
|Revaluation|reserve||||||4,088,520|
||||||3,641,445||24,605,922|
|Permanent|endowment||||3,103,916||24,149,283|
|Expendable|endowment||||537,529||456,639|
|||||20||3,641,445|24,605,922|
|Income funds||||||||
|Restricted|funds|||21||63,631|51,320|
|Unrestricted|funds|||||742,019|642,963|
|||||||4,447,095|25,300,205|
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|||
|||2021|2021|2021|2020|
|||6|6|6|6|
|Income from listed investments||4|11,111|11,115|11,649|
|Income from unlisted|investments|18,925||18,925|18,662|
|Interest receivable||85|1,200|1,285|3,210|
|||19,014|12,311|31,325|33,521|
|Forthe year ended|31August 2020|20,703|12,818||33,521|
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|||2021|2020|
|---|---|---|---|
|||6|6|
|Investment|management|4,271|3,914|
|||4,271|3,914|
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|||||Property|Prize Fund|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Rental|Activities|2021|2020|
|||||2021|2021|||
|||||6|6|||
|Insurance
Repairs
Repairs to Flats 1-3||Coventry Street||4,112
14,885||4,112
14,885|3,867
3,991
2,182|
|Archiving
software and consumables||||798||798|798|
|Surveyor and property consultants
Rent and lease fees|||fees|5,496
7,600||5,496
7,600|9,037
3,519|
|Electricity
Professional
Prizes
Awards
Letting agent|fees
fees|||1,741
5,031
5,974|9,310|1,741
5,031
9,310
5,974|2,223
11,972
9,091
2,256
2,137|
|||||45,637|9,310|54,947|51,073|
|Grant funding
ofactivities (see note 7)
Share ofgovernance
costs (see note 8)||||62,434||62,434|100,250
27,781|
|||||108,071|9,310|117,381|179,104|
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|Support costs|||||
|---|---|---|---|---|
||Support|Governance|2021|2020|
||costs|costs|||
||8|6|||
|Audit fees
Accountancy
Legal and professional
Recharges||3,800
4,000
54,634|3,800
4,000
54,634|3,800
4,660
14,146
5,175|
|||62,434|62,434|27,781|
|Analysed
between|||||
|Charitable
activities||62,434|62,434|27,781|
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||||Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|||
|||||general|||
|||||2021|2021|2020|
|||||8|8|8|
|Revaluation
Revaluation|ofinvestments
ofinvestment|properties|4,076|179,793
69,060|183,869
69,060|6,875
(165,000)|
||||4,076|248,853|252,929|(158,125)|
|For the year|ended 31August||||||
|2020|||502|(158,627)||(158,125)|
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||2021|2020|
|---|---|---|
|||6|
|In respect of:|||
|Property|21,209,059||
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|Tangible fixed assets|Tangible fixed assets|||||
|---|---|---|---|---|---|
||||Land and|Oil Palntlna|Total|
||||buadinaa|||
||||6|5||
|Cost||||||
|At 1 September 2020|||21,400,000|80,000|21,480,000|
|Transfer to investment||property|(190,941)|-|(190,941)|
|At 31August|2021||21,209,059|80,000|21,289,059|
|Depreciation|and impairment|||||
|Impairment
losses|||21,209,059||21,209,059|
|At 31August|2021||21,209,059||21,209,059|
|Carrying
amount||||||
|At 31August|2021|||80,000|80,000|
|At 31August|2020||21,400,000|80,000|21,480,000|
|14|Investment|property||||
|---|---|---|---|---|---|
||||||2021|
||||||6|
||Fair value|||||
||At 1 September 2020||||2,065,000|
||Transfers
from owner-occupied|||property|190,941|
||Net gains or|losses through|fair|value adjustments|69,060|
||At 31August|2021|||2325001|
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|16|Financial|instruments|instruments|instruments||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
|||||||||6|6|
||Carrying|amount|of|financial||assets||||
||Debt instruments||measured||at|amortised cost||46,975|62,684|
||instruments|measured||at fair value through|||profit or loss|1,244,286|1,064,680|
||Carrying
amount||of|financial||liabilities||||
||Measured|at amortised cost||||||45,089|60,441|
|17|Debtors|||||||||
|||||||||2021|2020|
||Amounts|falling|due within||one year:|||6|6|
||Rent &insurance||recharges|||||24,975|37,684|
||Other debtors|||||||22,000|25,000|
|||||||||46,975|62,684|
|18|Current asset investments|||||||||
|||||||||2021|2020|
|||||||||6|6|
||Unlisted
investments|||||||||
|19|Creditors:|amounts||falling|due within one||year|||
|||||||||2021|2020|
|||||||||6||
||Other creditors|||||||45,089|60,441|
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|unrestricted||incom|e.|Any|capital|gai|ns or losse|s a|rising on the|rising on the|ass|ets for|ets for|m|part o|fthe fund.||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Movement||in|funds||||||
|||||Balance at||1|Transfers|Revaluation|||Investment||||Investments
Balance at 31|||
|||||September|||||offreehold||management||||gains/losses||August 2021|
||||||2020||||land|and|||fees|||||
||||||||||buildings|||||||||
||||||||6|||8|||||8|6|8|
|Permanent||endowments||||||||||||||||
|Land and|buildings|||21,480,000|||(190,941)||21,209,059||||||||80,000|
|Investments|||||129,493|||||||||||23,003|152,496|
|Deposit acccount|||||12,468||||||||||||12,468|
|Scott Educational||||||||||||||||||
|Foundation|||||46,714|||||||||||6,906|53,620|
|Dr Roy Bequest|||||415,607||||||||(4,271)|||68,995|480,331|
|Investment||property||2,065,000|||190,941|||||||||69,060|2,325,001|
|Expendable||endowments||||||||||||||||
|Investments|||||456,640|||||||||||80,889|537,529|
|||||24,605,922||||(21,209,059)|||||(4,271)|||248,853|3,641,445|
|Restricted||funds||||||||||||||||
|The income||funds|ofthe||Charity|include restricted|||funds|comprising|||the|following||unexpended|balances
of|
|donations|and grants|||held|on trust for specific|||purposes:||||||||||
||||||||||Movement|||||||Movement||
|||||||||||in funds||||||In funds||
||||||||Balance at|||Incoming|||Balance at|||Incoming|Balance at|
||||||||1 September
2019|||resources|||1September
2020|||resoomes|31August
2021|
||||||||||6||||||6||8|
|Platt Library||Fund|||||||926|||7|||933|7|940|
|Scott Educational|||Foundation|||||4,744||1,170|||||5,914|1,193|7,107|
|Dr Roy||||||||32,833||11,641||||44,473||11,111|55,584|
|||||||||38,503||12,818||||51,320||12,311|63,631|
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|Analysis o|fnet ass|ets between|funds|||||
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Total|Total|
||||funds|funds|funds|||
||||2021|2021|2021|2021|2020|
||||6|6||8|8|
|Fund balances at 31||August||||||
|2021 are represented||by:||||||
|Tangible assets|||||80,000|80,000|21,480,000|
|Investment|properties||||2,325,001|2,325,001|2,065,000|
|Investments|||27,091|940|1,216,254|1,244,285|1,064,679|
|Current assets/(liabilities)|||714,928|62,691|20,190|797,809|690,526|
||||742,019|63,631|3,641,445|4,447,095|25,300,205|
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