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2021-03-31-accounts

		Page
Reference and Administrative Details
Trustees' Report	2	to	4
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes tothe Financial Statements	8	lo	12
Detailed Statement of Financial Activities	13 to		14

								2021	2020
						Unrestricted	Endowment	Total	Total
					Notes	fund 6	fund f	funds 8	fundsf
INCOME AND ENDOWMENTS				FROM
Donations and legacies									320
Investment income					2	137,233	29,52'7	166,760	127,584
Total						137,233	29,527	166,760	127,904
EXPENDITURE ON
Raising funds
Investment management			costs		3	25,517		25,517	21,691
						25,517		25,517	21,691
Charitable activities
Grants Paid						102,881		102,881	66,435
Other						8,570		8,570	6,605
Total						136,968		136,968	94,731
Net gains((losses)	on	investments				10,769	144,648	155,417	(24,971)
NET INCOME						11,034	174,175	185,209	8,202
RECONCILIATION	OF		FUNDS
Total funds brought		forward				335,581	1,868,643	2,204,224	2,196,022
TOTAL FUNDS CARRIED FORWARD						346,615	2,042,818	2,389,433	2,204,224

				2021	2020
		Unrestricted	Endowment	Total	Total
		fund	fund	funds	funds
	Notes	5	8	5	6
FIXEDASSETS
Investments
Investments	5	204,809	828,091	1,032,900	877,483
Investment property	6		1,161,064	1,161,084	1,161,064
		204,809	1,989,155	2,193,964	2,038,547
CURRENT ASSETS
Debtors Cash at bank	7	44,726 223,051	53,663	44,726 276,714	35,029 213,419
		267,777	53,663	321,440	248,448
CREDITORS
Amounts falling due within one year	8	(125,971)		(125,971)	(82,771)
NET CURRENT ASSETS		141,806	53,663	195,469	165,677
TOTAL ASSETSLESSCURRENT
LIABILITIES		348,815	2,042,818	2,389,433	2,204,224
NETASSETS		346,615	2,042,818	2,389,433	2,204,224
FUNDS
Unrestricted funds				346,615	335,581
Endowment funds				2,042,8'l8	1,868,643
TOTALFUNDS				2,389,433	2,204,224

								2021	2020
						Unrestncted	Endowment	Total	Total
						funds	funds	funds	funds
						6	9	6	F
Rents received						88,685		88,685	85,159
Lease extensions		on	ground	rents		47,325		47,325	10,520
Income	from investments					1,220	29,523	30,743	31,875
Deposit	account	interest				3	4	7	30
						137,233	29,527	196,287	127,584
INVESTMENT MANAGEMENT					COSTS
								2021	2020
						Unrestricted	Endowment	Total	Total
						funds	funds	funds	funds
						f	f	6	f
Rates. water and		insurance				8,592		8,592	10,670
Property	management		fees			7,449		7,449	5,964
Repairs	and renewals					5,736		5,736	3,943
Supportcosts						3,740		3,740	1,114
						25,517		25,517	21,691

FIXEDASSET INVESTMENTS
	Listed
	investments
MARKET VALUE
At 1 April 2020	877,483
Revaluations	155,417
At 31 March 2021	1,032,900
NET BOOK VALUE
At 31 March 2021	1,032,900
At 31 March 2020	877,483

FIXEDAS	SET IN	VESTMENTS - continued
				Shares	2021	2020
Share type				No		6
COIF Income Units				2,331	41,781	34,626
Alpha CIF	for Endowments			659,300	786,310	848,817
Alpha CIF	for Income and Reserves			180,000	204 809	194040
					1,032,900	877,483
Cost or valuation		at 31 March 2021 is represented	by:
						Listed
						investments f
Valuation	in 2021					1,032,900

FAIR VALUE
At 1 April 2020
and 31 March 2021	1,161,064
NET BOOK VALUE
At 31 March 2021	1,161,064
At 31 March 2020	1,161,064

DEBTORS
		2021	2020
		6	F.
Amounts falling due within one year:
Other debtors		4,500	4,500
Pennycuick	Collins	31,635	22,102
Prepayments	and accrued income	3,991	3,827
		40,126	30,429

7.	DEBTORS -	continued
									2021	2020
									5	E
	Amounts falling due after			more than one year.
	Other debtors								4,600	4,600
	Aggregate amounts								44,726	35,029
8.	CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
									2021 f	2020 f
	Other creditors								125,971	82,771
9.	MOVEMENT	IN FUNDS
									Net
									movement	At
								At 1.4.20 5	in funds 5	31.3.21 f
	Unrestricted	funds
	General fund							335,581	11,034	346,615
	Endowment	funds
	Endowment	Fund					1,868,643		174,175	2,042,818
	TOTAL FUNDS						2,204,224		185,209	2,389,433
	Net movement in funds,		included		in the above	are as follows:
						Incoming	Resources		Gains and	Movement
						resources	expended		losses	in funds
						5		5	5	6
	Unrestricted	funds
	General fund					137,233	(136,968)		10,769	11,034
	Endowment	funds
	Endowment	Fund				29,527			144,648	174,175
	TOTAL FUNDS					166,760	(136,968)		155,417	185,209

Comparative	s for moveme	nt in funds
					Net
					movement	At
				At 1.4.19	in funds	31.3.20
				6	f	8
Unrestricted	funds
General fund				306,188	29,393	335,581
Endowment	funds
Endowment	Fund			1,889,834	(21,191)	1,868,643
TOTAL FUNDS				2,196,022	8,202	2,204,224
Comparative	net movement	in funds, included	in the above	are as follows:
			Incoming	Resources	Gains and	Movement
			resources 6	expended 8	losses f	in funds 8
Unrestricted	funds
General fund			127,904	(94.731)	(3,780)	29,393
Endowment	funds
Endowment	Fund				(21,191)	(21,191)
TOTAL FUNDS			127,904	(94,731)	(24,971)	8,202

					2021	2020
			Unrestricted	Endowment	Total	Total
			funds	funds	funds	funds
			E	6	5	6
INCOME AND ENDOWMENTS
Donations and legacies
Donations						320
Investment income
Rents received			88,685		88,685	85,159
Lease extensions on	ground	rents	47,325		47,325	10,520
Income from investments			1,220	29,523	30,743	31,875
Deposit account interest			3	4	7	30
			137,233	29,527	166,760	127,584
Total incoming resources			137,233	29,527	166,760	127,904
EXPENDITURE
Investment management		costs
Rates, water and insurance			8,592		8,592	10,670
Property management	fees		7,449		7,449	5,964
Repairs and renewals			5,736		5,736	3,943
			21,777		21,777	20,577
Charitable activities
Grants to institutions			102,475		102,475	61,016
Grants to individuals			406		406	5,419
			102,881		102,881	66,435
Support costs
Management
Advertising			240		240	282
Governance costs
Accountancy			2,890		2,890	2,767
Professional fees			5,680		5,680	1,154
Clerk's salary			3,500		3,500	3,516
			12,070		12,070	7,437
Total resources expended			136,968		136,968	94,731
Net income/(expenditure)		before gains
and losses			265	29,527	29,792	33,173

				2021	2020
		Unrestricted	Endowment	Total	Total
		funds	funds	funds	funds
		f	F	f	6
Realised recognised	gains and losses
Realised gains/(losses)	on investment
property					13,500
Net income/(expenditure)		265	29,527	29,792	46,673