2020-12-31-accounts

Reference and Administrative Details	Reference and Administrative Details	Reference and Administrative Details
Trustees' Report			2to5
Independent Examiner's		Report
Statement ofFinancial		Activities
Balance Sheet
Notes to the Financial	Statements		9to 13

ACHIEVEMENTS AND PERFORM	ANCE
The Trustees applied the income ofthe	Mountsorrel	Educational	Fund in 2020 as follows:
Schedule ofGrants Paid			No Grants	Grant Paid
Clause 21(A)
Christ Church and St Peters Primary	School			31,907
Clause 21(B)
Higher Education and Training			66	78,600
A Level College Students			32	9,600
Grants - Music			12	1,621
Grants - Other			3	(80)
Total			116	121,648

cidental to, the	y administration and management	ofthe Charity.
		31Dec 2020	31 Dec2019
Total incoming	resources	229867	153,197
Resources used		(123,807)	(146,573)
Net Surplus/ (Detlcit)		105,560	6,624

						(As restated)
					Total	Total
				Unrestricted	2020	2019
			Note	g	t	g
Income and Endowments		from:
Investment income				129,367	129,367	130,885
Other income				100,000	100,000	100
Total Income				229,367	229,367	130,985
Expenditure on:
Raising funds						(195)
Charitable activities			3	(123,807)	(123,807)	(124,166)
Total Expenditure				3)23.807)	~123,807)	(124,361)
Net movement in funds				105,560	105,560	6,624
Reconciliation offunds
Total funds brought	forward			154,013	154,013	147,389
Total funds carried	forward		12	259,573	259,573	154,013

		Balanc	e Sheet as at 3	1December	2020
					2020	2019
				Note		g (As restated)
Current assets
Debtors				9	124,860	114,831
Cash at bank	and in hand			10	135,529	39,986
Creditors: Amounts		falling due within	one year		260,389 ~(81'	154,817 ~8fl4
Net assets					259,571	154,013
Funds ofthe charity:
Unrestricted	income	fuads
Unrestricted	funds				259,573	154,013
Total funds				12	259,573	154,013

2 In	vestment	Inc	ome
						Unrestricted
						funds	Total
						General	2020
						g	8
Other	income	from	fixed	asset	investments	129,367	129,367
						l29,367	l29.367
						Unrestricted
						funds	Total
						General	2019
						s	8
Other	income	from	fixed	asset	investmcnts	130,885	130,885
						130,885	130,885

3 Exp	enditure on charitable activities
		Unrestrictel
		funds	Total
		General	2020
		K	8
Grants	made	121,648	121,648
Clerks	fees	1,277	1,277
Sundry	expenses	61	61
Bank charges		5	5
		122,991	122,991
		Unrestricted
		funds	Total
		General	2019
		f
Grants	made	121,858	121,858
Clerks	fees	1,431	1,432
Sundry	expenses	72	72
		123,367	123,362

Governance	c	osts
					Unrestricted
					funds	Total
					General	2020
					f
Independent	examiner		fees
Examination		ofthe	financial	statements	816		816
					816		816
					Unrestricted
					funds	Total
					General	2019
						8
Independent	examiner		fees
Examination		ofthe	fmancial	statemeats
					804

Analysis of	grants
		Grants to	individuals
		2020	2019
		f
Analysis
Higher Education		78,600	82,200
A LeveV College Students		9,600	7,900
Educational	Trips	84	313
Music		1,621	1,355
Other		(164)	7,203
Christ Church &St Peters Primary School		31,907	22,887
		121,648	121,858

7 Independ	ent ex	aminer's	remuneration
				2020		2019
				8
Examination	ofthe	financial	statements		816

2020		2019
f,	8	(As restated)
124,860		114,831

						2020	2019
							f
Cash at	bank					35,534	39,986
Short-term		deposits				99,995
						233,329	39,986
11 Creditors: amounts			falling due withia	one year
						2020	2019
						f	f (As restated)
Accruals						8I6	804
12 Funds
							Balance at 31
			Balance at 1		Incomiag	Resoorces	December
			January 2020		resources	expended f	2020
Unrestricted
General				154.013	229,367	(123,807)	259,573
13 Analysis ofnet assets between fuads
						Unrestricted	Total funds at
						funds	31December
						General	2020
Current	assets					260,389	260,389
Current	liabilities					(816)	(816)
Total nct		assets				259,573	259,573