##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|was made up as foll|ows:|||
|---|---|---|---|
|||2021|2020|
|||£|£|
|Net surplus on activities in the year
Increase/(Decrease)
in value of investments during the year||9,387
92,670|(26,533)
(48,034)|
|Increase/(Decrease)|in total net assets during the year|102,057|(74,567)|
##
##
##
##
##
##
##
##
##
##
##
##
#
##
##
##
##
##
||||Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|2021|2020|
||Notes||£|£|£|£|
|Income from:|||||||
|Investments||2|74,801||74,801|76,864|
|Expenditure|||||||
|Raising funds||3|15,897||15,897|19,078|
|Charitable activities||4|49,517||49,517|84,319|
|Total resources|expended||65,414||65,414|103,397|
|Net gains/(losses)|on investments|6||92,670|92,670|(48,034)|
|Net movement|in funds||9,387|92,670|102,057|(74,567)|
|Total funds broughtforward|||57,616|3,376,038|3,433,654|3,508,221|
|Total funds carried forward|||67,003|3,468,708|3,535,711|3,433,654|
##
##
||||2021||2020|
|---|---|---|---|---|---|
||Note|£|£|£|£|
|Fixed assets||||||
|Tangibleassets|7||1,778,706||1,778,706|
|Investment properties|8||794,251||794,251|
|Investments|9||930,622||839,599|
||||3,503,579||3,412,556|
|Current assets||||||
|Debtors|10|3,648||3,841||
|Cash at Bank and in hand||38,276||33,901||
|||41,924||37,742||
|Creditors:
amounts fallingdue||||||
|within one year|11|(9,792)||(16,644)||
|Net current assets|||32,132||21,098|
|Total assets
less current liabilities|||3,935,711||3,433,654|
|Capitaland reserves||||||
|Endowment funds|13||3,468,708||3,376,038|
|Unrestricted funds|14||67,003||57,616|
||||3,535,711||3,433,654|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Investments|||
|---|---|---|
||2021|2020|
||£|£|
|Dividends and interest receivable
Gross rents and ground rents receivable|28,416
46,385|31,223
45,641|
||74,801|76,864|
##
|||2021|2020|
|---|---|---|---|
|||£|£|
|Investment
propertyexpenses
Property insurance
Repairs||2,311
11,884|2,612
15,019|
|||14,195|17,631|
|Portfolio management fees||1,702|1,447|
|||15,897|19,078|
##
##
##
|Charitable Activities|||
|---|---|---|
||2021|2020|
||£|£|
|Insurance|854|760|
|Grants payable to Tanworth in Arden School
Grants payable to Salter Street School
Clerks' charges and expenses
Professional charges (governance costs)|19,333
19,333
3,430
6,567|32,765
38,000
5,000
7,794|
||49,517|84,319|
##
##
|Net Gains|/(Losses)on Investments|||
|---|---|---|---|
|||2021|2020|
|||£|£|
|Revaluation
Gain/(loss)|gains/(losses) of investments
on sale of investments|92,566
104|(47,911)
(123)|
|||92,670|(48,034)|
##
##
##
|TangibleFixed Assets||||
|---|---|---|---|
||Tamworth in|Salter Street|Total|
||Arden School|School||
||£|£|£|
|Cost||||
|At 1 January 2021|1,085,437|693,269|1,778,706|
|At 31 December 2021|1,085,437|693,269|1,778,706|
|Carrying Amount||||
|At 31 December 2021|1,085,437|693,269|1,778,706|
|At 31 December 2020|1,085,437|693,269|1,778,706|
##
|Fair|value|||||||
|---|---|---|---|---|---|---|---|
|At
1|January|2021|and|31|December|2021|794,251|
##
##
|9.|Fixed Asset Investments|Fixed Asset Investments|||||||
|---|---|---|---|---|---|---|---|---|
|||||||Listed|Monies held|Total|
||||||Investments||by portfolio||
||||||||manager||
|||||||£|£|£|
||Cost or valuation||||||||
||As at
1 January 2021|||||838,114|1,485|839,599|
||Valuationchanges|||||92,670||92,670|
||Management fees||||||(1,647)|(1,647)|
||Disposals|||||(1,872)|1,872||
||At 31 December 2021|||||928,912|1,710|930,622|
||Carrying Amount||||||||
||At 31 December 2021|||||928,912|1,710|930,622|
||At 31 December 2020|||||838,114|1,485|839,599|
||Listed investments|at market value|||||||
||The listed investments|can be|broken down||as follows:-||||
||||||||2021|2020|
||||||||£|£|
||Quoted securities managed by Barclays||||||||
||Wealth UK Equities|||||577,107||528,472|
||M & G Charifund Units|||||247,472||218,270|
||Charities' Official Investment Fund -|||Income|units|104,333||91,372|
||Total|||||928,912||838,114|
|10.|Debtors||||||||
||||||||2021|2020|
||||||||£|£|
||Amounts fallingdue within
one
Prepayments and accrued income|||year:|||3,648|3,841|
##
##
|11.|Creditors: amounts fallingdue within|Creditors: amounts fallingdue within|one year:|||
|---|---|---|---|---|---|
|||||2021|2020|
||Accruals and deferred income|||9,792|16,644|
|12.|Financial Instruments|||||
|||||2021|2020|
|||||£|£|
||Carrying amount
of financial|assets||||
||Debt instruments measured at amortised cost|||2,591|2,979|
||Equity instruments measured at|market value||930,622|839,599|
||Carrying amount of financial|liabilities||||
||Measured at amortised cost|||9,792|16,644|
##
|on the asset|s form|part of the f|und.|und.|||
|---|---|---|---|---|---|---|
||||Movements in funds||||
|||Balance at
1 January|Incoming
Resources|Resources
Expended|Revaluations
Balance at
Gains/ 31 December||
|||2021|||(Losses)|2021|
|||£|£|£|£|£|
|Endowment|fund|3,376,038|||92,670|3,468,708|
|||3,376,038|||92,670|3,468,708|
##
##
##
|Unrestricted|Funds|||||
|---|---|---|---|---|---|
||||Movements in|funds||
|||Incoming|Resources Revaluations||Balance at|
|||Resources|Expended|Gains & 31 December||
|||||Loss|2021|
|||£|£|£|£|
|Unrestricted|fund|57,616|74,801|(65,414)|67,003|
|||57,616|74,801|(65,414)|67,003|
##
|Analysisof Net Assets Between|Funds|||
|---|---|---|---|
||Unrestricted|Endowment|Total|
||Funds|Funds||
||£|£|£|
|Fund balances at 31 December 2021 are presented by:||||
|Tangibleassets||1,778,706|1,778,706|
|Investment properties||794,251|794,251|
|Investments|34,871|895,751|930,622|
|Current assets/(liabilities)|32,132||32,132|
||67,003|3,468,708|3,535,711|
##
|Analysisof net assets between|funds
- prioryear|||
|---|---|---|---|
||Unrestricted|Endowment|Total|
||Funds|Funds||
||£|£|£|
|Fund balances at 31 December 2020 are presented by:||||
|Tangibleassets||1,778,706|1,788,706|
|Investment properties||794,251|794,251|
|Investments|36,518|803,081|839,599|
|Current assets/(liabilities)|21,098||21,098|
||57,616|3,376,038|3,433,654|
#
##