2021-03-31-accounts - The Sheffield Bluecoat And Mount Pleasant Educational Foundation

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Trustees				Mrs M A Neill MBE- Chair
				Col JC V Hunt
				Mrs M Roberts
				Mrs S Hewson
				Mr SFowler
Charity number				529351
Secretary	and principal		office	Ms S M Greaves
				c/o Wrigleys Solicitors LLP
				Derwent House
				150Arundel Gate
				SheAield
				South Yorkshire
				S1 2FN
Charity administrator				Mrs G Mills
Independent		examiner		RJGivans BA FCA
				UHY Hacker Young
				6Broadfield Court
				Broadfield Way
				Sheffield
				Sg OXF
Solicitors				Wrigleys Solicitors LLP
				Derwent House
				150Arundel Gate
				Sheffield
				South Yorkshire
				S1 2FN
Investment	advisors			lnvestec Wealth and investment	Ltd
				Beech House
				61 Napier Street
				SheAield
				SI 1 8HA

		Page
Trustees'report		1-8
Independent examiner's	report
Statement offinancial activities		10
Balance sheet
Statement ofcash flows		12
Notes to the accounts		13 - 23

			Unrestricted	Endowment	Terai	Unrestricted	Endowment
			funds	Funds	2021	funds	funds	2020
		Notes
~nco 8 front; Investments			67,723		67,723	68,596		68,596
~E~ndi llfg on:
R~i' r
Costs ofgenerating investment income		4	1,769		1,769	16,813		16,813
Investment management				12,409	12,409		13,038	13,038
			1,769	12,409	14,178	16,813	13,038	29,851
Charitable activities		5	42,943		42,943	53,161		53,161
Total resources expended			44,712	12,409	57,121	69,974	13,038	83,012
Net gains/(losses) investments	on	10	1,942	184,645	186,587	(2,451)	(165,541)	(167,992)
Gross transfers
between funds						1,506	(1,506)
Net movement	in funds		24,953	172,236	197,189	(2,323)	(180,085)	(182,408)
Fund balances at I April 2020			93,543	1,440,760	1,534,303	95,866	1,620,845	1,716,711
Fund balances March 2021	at 31		118,496	1,612,996	1,731,492	93,543	1,440,760	1,534,303

					2021		2020
			Notes
Fixed assets
Investment Investments	properties		11 12		375,000 1,240,194		375,000 1,072,927
					1,615,194		1,447,927
Current assets
Debtors Cash at bank and in hand			13	13,158 124,794			6,759 96,983
Creditors:	amounts	falling due within	14	137,952			103,742
one year				(21,654)			(17,366)
Net current	assets					116,298	86,376
Total assets	less current liabilities				1,731,492		1,534,303
Capital funds
Endowment funds Income fuads					1,612,996		1,440,760
Unrestricted	funds					118,496	93,543
					1,731,492		1,534,303

		2021		2020
	Notes
Cash flows from operating	activities
Cash absorbed by operations	17		(58,965)		(118,809)
Investing activities
Purchase of investments		(224,771)		(104,948)
Proceeds on disposal of investments		243,824		104,019
interest received		67,723		68,596
Net cash generated from investing activities			86,776		67,667
Net cash used in financing	activities
Net increase/(decrease) in equivalents	cash and cash		27,811		(51,142)
Cash and cash equivalents at beginning ofyear			96,983		148,125
Cash and cash equivalents	at end ofyear		124,794		96,983

			tlnrestricted	tlnrestricted	Endowment	Tutal	Unrestricted	Endowment	Tutal
			funds		funds	2021	funds	fnlltls	2020
~ct f e'
Other fundraising	costs			1,769		1,769	16,813		16,813
Investment mana	ement				12,409	12,409		13,038	13,038
				1,769	12,409	14,178	16,813	13,038	29,851
Rental expenses								2021	2020
Repairs, maintenance Rates and utilities		and	insurance					1,699	9,817 93
Surveyors and professional Bank charges			fees					70	6,843 60
								1,769	16,813
Charitable activities
								2021	2020
Grant funding ofactivities Share ofgovernance costs			(see note 6) (see note 7)					20,463 22,480	33,441 19,720
								42,943	53,161

Grants payable
			2021	2020
				g
Grants to institutions	(12	grants):
British Dyslexics			1,000		1,000
Meadowhead Community		Learning Trust			1,000
Action Tutoring			1,000
Listening Books			1,500		1,500
Hesley Wood Scouts			1,000
Music in the Round			1,000
Street League			2,000
Guild ofStGeorge					1,000
Sheffield Methodist					1,000
Whirlow Hall Farm			1,000		1,000
CRESST					1,000
Easy Street Westwood 2015 Ltd			1,296		3,000 1,000
Tapton Youth Brass Family Action Boys and Girls Club	Band		500 1,750 1,750		1,000 1,750 1,750
ZEST			1,311
			15,107		16,000
Grants to individuals	(7grants)		5,356		17,441
			20,463		33,441

	Listed
	investments
Cost orvaluation
At I April 2020 Additions Valuation changes Disposals	1,072,927 224,771 174,898 (232,402)
At 31 March 2021	1,240,194
Carrying amount
At 31 March 2021	1,240,194
At 31 March 2020	1,072,927

Debtors	Debtors
Amounts falling due within one year:		2021 g	2020
Trade debtors Other debtors Prepayments	and accrued income	6,150 4,888 2,120	788 4,312 1,659
		13,158	6,759

Creditors: amounts	falling due within	one year
					2021	2020
Trade creditors						2,730
Accruals and deferred	income				21,654	14,636
					21,654	17,366
Analysis ofnet assets between funds
	Unrestricted	Endowment	Total	llnrestricted	Endowment	Total
	fund	fund		fund	fund
	2021	2021	2021	2020	2020	2020
Fund balances at 31
March 2021 are
represented by: Investment properties Investments	12,641	375,000 1,227,553	375,000 1,240, 194	10,699	375000 1,062,228	375000 1,072,927
Current assets/ (liabilities)	105,855	10,443	116,298	82,844	3,532	86,376
	118,496	1,612,996	1,731,492	93,543	1,440,760	1,534,303

	There were no disclosable related party transactions during the year (20	20 - none).
17	Cash generated from operations	2021	2020
	Surplus/(deficit) for the year	197,189	(182,408)
	Adjustments for: Investment income recognised in statement of financial activities (Gain)/loss on disposal of investments Fair value gains and losses on investments	(67,723) (11,422) (174,898)	(68,596) 4,387 163,605
	Movements in working capital: (Increase)/decrease in debtors Increase/(decrease) in creditors	(6,399) 4,288	3,599 (39,396)
	Cash absorbed by operations	(58965)	(118809)