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|||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|
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|||||||||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|
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|||||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|
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|||||||||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|
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|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|
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|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|
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|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|
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|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|
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|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|
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|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|
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||||||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|
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|||||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|