CHARITY REGISTRATION NUMBER: 801461 John Risebrow's Charity Unaudited financial statements 30 April 2021
John Risebrows Charity Financlal statements Year endod 30 Aprll 2021 Pa9e Tnjsteès, annu81 report Independent examinerfs report lo the Imstee$ Statement of financial ¥ClI1e$ Balance sheet Notes to Ihg ffinanciat statements
John Risebrov¥s Charity Trustees, annual report Year ended 30 April 2021 The trustèes present their report and the unaudrted financial statements of the charTty for thè year trnded 30 April 2021. The financial statements have been prepared in accordan¢è wilh the accounting policias Sèl out in notes to the accounts and comply wrth the charilys goveming document. the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the FinanrAal Rewr1ing Standard applicable in the UK and RepU1C of Irèland. R•f•r•nc• and admlni•tratlve detslls R•gl•ter•d charbty nam• John Risebrow's Charty Charlty r•gl¥trtlon numb•1 801461 Prfnclp•l offic• The Alnum Sl. George's Streel NOrwh Nortolk NR3 1AB Th• tru•t• The Iruslees who 8erved during the year and al the dale of approval were a$ follow8.' Mrs Z Hammond {Chairl- resign•d 20 Juty 2021 The Revd. Canon E Cart•r (Ex-offiuol Mr D Corbett Mr G Loades CBE Mrs B Millef MBE- lo l Decémber 2021 Mr T J L Wilson On 1 DMtr 2021 Mrs 8 mArdi0. Th8 trusts•s r•cW thi$ great arKI have r•fl•ct•d with gratitLJd8 on thè many years. seM(t Ihat she provi(SÈd to this tharity and to many other oryanisat+ons. 11 1$ Cur intention to mark this more lulty in thè truslees report lor Ihe year eThJing 30 4)ri12022. The trustee body is èlao very gratslul for the seThice gN•n by Mrs Z HammoTrJ as Chair of thè th¥rity. Ind•p•nd•nt •xmln•r Frank Shippam Bsc FCA DCI MA Parlneis LLP 7 The Close NorWh Norfolk NR14DJ Inve•tm•nt advlsor Barratt & Cooke Stockbrokars 5 Opie stet NOTh¥ Norlolk NR1 30W Bankers Barcl8ys Bank PIC
7 Red Lion Street Norwich Norfolk NR130H
John Risebrow's Charity Trustees. annual report (contin¢MdJ Year ended 30 April 2021 ObS•ctlv•$ and activitl•s The charity's oty'ècts've 1$ the promotson ofeducalion in the Ecdesiastical Parish of Sl Peter Mancroft. Norwich, the City of Notwich. and the Ecdesiastical Parishe5 of Costessey, Eartham, Helle5don, Catton. Sprowston, Thorpe St Andrew and Trowse wrth Newton and Cringlefofd. 11 and in $0 far as income in any year is not r&quir&d lor application in thè manner aforesaid the TrtssteÈs may apply the same in making grants for the purpose of helping and édu¢atin9 young persons of th& follong da55es and in the following order ol priority so to develop thèir physical. mental and Slmritual capaThbes that Ihey may 9row lo maturity bolh 85 individuals and as members of Society and that thèir Conditions of lrfe may be imwoved." al Young persons who or whose parents are &ither r&$idenl in the Ecclesiastical Parish of Sl Peter Mancroft, Nol¢h. or on the elecloral roll of Ihtr Parish Church of that parish". bl Young persons who or vthose parents are oither resident in the area of b&nefil or on thg •le¢toral roll of a Parish Church in one of the other ecd8Siaslal parishè8 in the area of benefit. The Truslees shall havg regard lo the promolion ol edLJc81ion in accordance with the prinrApl&s gnd doctrines of the Church ol England. Publ1¢ b•n•fft The Trustees confirm that they have paid due regard lo lh& Charity Commission's guidance on public benefit. In promoting education and helping and educatin9 young people as above. thg Trusiees consider that the charity's fund$ are applied lor the public benefil. as all young people in th¥ area Ctsuld polantially benefil. A¢hl•v•m•nt• and p•rforniin Investment income has fallen to £103.958 12020." £123.3711. reftecting reduced dividend yields rèlating to disruption caused by the Covid-19 pandemi¢. Net grants committed amounted lo £113,30012020.. £118,500). While the majofily of granl lunding is made to relaled parlies, Sl Pelef Man¢roft PCC and Mancroft Advice Project. Tru51ees are keen to emphasise that applicabons arg also invited from othèr bodies seeking fttnding for 8clivilies thal comply with Ihe chariws objectives. Such 8ppli¢ab'on5 can b8 made by wrrting lo our office address on page 1. Refer to note 5 to Ihe financial slatements for details ol grant recipients. Flnan¢lal r•vl•w Ilncludlng ¢omm•nt on COVID-191 The charity received invè$lmenl income of £103.95812020. £123.3711 and after lolal expendilufe of £117,848 12020.. £123.9721, gains on inveslments of £7,445 12020.. losses 01 £1.3181, the net general fvnd deficit for the year amounted lo £6.445 12020.. £1.9191. During and subsequent lo the year ended 30 April 2021 we have seen a dUCed level of grant applications. This appears lo be in part a reflection of disruption caused by the ongoing pandemic. The endowment fund Increa by £330.126 (2020.. docr8asg of £101.C611. This is 8$ a resuh of nel gain8 12020.. losses) on investmènts. The gains experienced in the yeaT ended 30 April 2021 refled a rebound of values following the falls caused by the Covi¢*19 pandèmi¢. Prlnclpal fundlng $our¢es The Charitys income is wholty from investments, and Ma1 con$ists of dividends from the charity's portlolio ol Iisled inveslrnents and inlerest ceIVable. Inveslmentpolicy There a no restrrclion$ on the charitys power to invest. The inveslment policy is sel by the Twslees after taking adwce from the charity's stockbrokers who attend each IfU5tees' meeting. The Trustees consider the income requirements, the risk profile and the sloGkbrokers' vivw of the market piospects in the medium term.
John Risebrows Charity Trustees, annual report {conknwd) Year ended 30 April 2021 Flnan¢ial review (tontinugdj ReseTh•s poll¢y It is Ihè policy of the charrty lo rnaintain frèe reserves at a levèl equal to one yearfs expenditure on grants, which amounts to approximately £100.000. lo provide suffirienl fvnds to respond to emèr9ency applications for grants which may arise from time Its lime. The free reserves in the genefal fvnd at 30 April 2021 amounted to £260,862 12020. £267.307}. The Iru5tees recognise that the level of reserves 1$ higher than that targeted and continue lo encourage applicants to appty for grant fundin9 in line with the charity's objects, SLtch that r&serves may reduce towards the targeted level. The endowment fvnd represenls the oiiginal capital of the charity which has been invested lo maintain sufficAent in¢oming resourcès lo ¢over charitable èxwnditure. 11 is non-expendable. Pl•n• for futurn p•rlod$ The chanty's future activities will ntinue to be on a milar basis, th& aim lo moinlain a balanced budget on the 9en¥ral fvnd. Truslees are exploring way$ lo whlen the reach of the charity's benefil, while adhering to its objeds. TrnJte•s The Trusle8s who Served during the year and up lo the dale of this r¢port are sel out on page 1. Stru¢tur•, gov•mn¢• and manaoom•nt Gov•mlng do¢um•nt Th• chanty was approv•d as a tharrty commission scheme on 23 Apfil 1981 and is govern8d by the scheme rules. The charity was Cleated under th& will ol Aklean Jthn Risebrow. Recrultm•nt and •ppolntm•nt of Tntst••$ In looking lor new Trustees of the Board the Trustees will bear in mind Ihe experience and qualification of po$$ible Candidates. Thg $uccessfvl candidates are elected by a meeting ol the existing Trustees. Tn•Jt•• inductlon •nd trnlnlng New Trustaes ar& provided with ¢opi&s of.. The s¢heme rules The latest accounts ollhe charty And are encoufaged to read Charty Commission guidance notes CC3 - 'The Essential Trustèe.. what you need lo know. whal you need lo do" In addition Trust¥&$ are encoura9Èd lo read Charity Commission and other newsletters and lo attend courses designed to keep them abr6asl of their dulles and iesponsibilibes. Rls* management The Trustees have 8$sessed th8 major risks to which the ¢h8rity is exposod, in particular those ¥elaled to operations and finances of the charty. and are satisfied that systems are in place to mitigate exposure lo the major risks. The fv40 prinapal ri$ks identffied are.. Inv•stment manag•ment •nd custody.. Appropriate Pfofessiot)al advice is taken with regard to Ihè management of inveslmenl assets in ordei lo appropriately balance rtsk and relum to ensure futu and ¢urrenl beneficiaries are eq¢Jally considered. All investments are under the management of a regulatèd lockbroker (Barratt & Cooke) from whom regular updates ale ieceived wncerning the perfomiance thereof.
John Risebrows Charity Trustees. annual report (tominugd) Year ended 30 April 2021 Stru¢ture. governanc• and man•gement (ctyilinu•d) Risk manag•m•nt {¢ontinued) Appropr141te applieallon ollncome.. In making grants the trusleès ensure that the charity's objects are mel and that where appropriate, stn"clIons are stipulated wrth regar¢J to how lunds should be expendgd by the reapienl. Organlsatlonalstructur• The scheme requires that the board of Truslees should. whèn ¢omplete. consist of five Trustees. being an Ex-officio Trustee, who shall be the Vicar lor the time being ol the Ecdesiasti¢al P*rish of Sl Peter Manuofi, Norwich, and fv40 Nominative and Covoplative TnJst&&s. The Trustees shall hold 01 least tsvo of{nary meetings in •ach year. Every mottor shall b& delerrnined by the majority of voles of the tnjslees Pf•s8nl and voting on the question. In caso ol equality ol votes the chairman ol the meeting shall have a ¢asbng vote whelh&r he has or has nol voted previously on the same qLte51ion bul no Truslee in any other ctr¢umslance$ shal give more than one vole. R•l•t•dpartle¥ Underlhe rules oflh& schtsme governing the charity. on& oflh¢ Tnjslees known as an exthoffi¢io Trustee musl be the Vicar ol the Ecclesiasbcal Parish of Sl Peter Man¢roft. Norwich. Tha rules of the s¢h&me also rwulre that Iwo trusl89$ are nominated by the PCC ol St Peter Mancroft. Norwich. Under thè objeclives of th¢ dwrty, some of the lunds arising wll be 8pplied to banefrt young people in tho Parish of St Peter Mancrofl. No b8nefil is derwed by Ihe ex-offityo or nominative trustaès under th8s9 directives. No one Trustee has the control lo determme how the fund$ of the charty are lo applied. This is governed by Ihe scheme rules. The ¢harily mak8S gronls lo Mancroft Adwe Pmjtsd. a r•giStorfj(l ¢harity. 01whh Mrs B Miller was a IrLtsl until 1 December 2021. The charity also makes grants lo Sl Peter Mancrofl PCC, of which G Loades Inominative Irustgel and The Revd. Canon E Carter lex-officio trusleel are mgmbers. The Iruslees, annual report was approved on 16 February 2022 and signed on behalf of the board ol Irustegs by.. hairnian) u$lee
John Risebrows Charity Independent examiner's report to the trustees of John Rlsebrow's Charity Year ended 30 April 2021 I report lo the charity tnjslees on my eXaminaln of the financial statements of the charity for th8 yèar ended 30 April 2021. R•$ponlbllities and ba$ls of r•port As Ihe chantys Irusleès you are responsible for the preparation of ihe finantyal statement$ In a¢Idance with the rgquirements ofthe Charities Ad 2011 I'the Act'i. I report in respect of my examinab.tsn of the charity's finanaal slalernents carried out under section 145 01 the Act and in carrying out my examinaknon I have followed all the applicable oirecb.ons given by th$ Chaiity Commission under sedion 14515llbl of the Ad. Ind•p•nd•nt •x4mln•rfs stat•m•nt Your attention 1$ drawn lo Ihtt fact Ihat Ihe Chanty has prepad the acKounts in è¢eordance wrth AuntIng and Reporting by Charities.. Statemenl ol Re¢ommended Practs'ce applicable lo charibes preparing their accounts in 8¢cordance wrth the Financial ReportiThJ Standard applicable in the UK and Republic of Ireland IFRS 102} in preference lo Ihe A¢¢ounbng and Reporling by Charitiès Slalement of Rècommended Practice issued tsn l Aprd 2005 which is releThed lo in the extanl re9ulalioAs but has been withdrawn. l underslarsd that this has been done in order for Ihe accounts lo provide a Iru¥ and faiT view In acrdanCe with the Gon¢rally Accepled Accounting Pra¢li¢e effeclive for reporling pgriods beginnin9 on or after 1 January 2015. I have completed my •xamin8lion. I confirrn that no malerial matters have come lo my attention in connedon with the examinalion giving me cause lo believe thal in any material respect.. ac¢ounling recoids wer& nol kepl in r•spe¢t ol the charity a$ required by etion 130 of the Act,. or tho financial $lalements do not accord with those r•¢ord8'. or the ffinan¢ial 51alements do ComY the applicat0 requirements conc•min9 the form and conlenl ol accounls set OLrt th& Charities (Accounts and Reports) Regulations 2008 other than any requirement that thé a¢¢ounls give a 'true and fairf view which is not a matter considered as part of an ind8pendenl examination. I have no conc6ms and have Comè across no other malters in ctsnnection with Ihè examination lo whlth attenlion should be drawn in this rwort in order to able a Proper und•rsl8nding of the gccounls lo be reached. This report is madè to the Chanty's Injslees as a bc. in ac£ordar Part 4 of the ChArib•s IA¢cgunts and Reportsl R•gulation5 2008. My work has undertaken so IAa( I may start mvjht ststts to th8 Charity's Trusle6S thosè rnatters l am requiredto stats to lIrn in an Independent &Yaminèrs Report and for no other purpos8. To thè lullesl extent pemiitted by the law. I do not accept or assume responsibilty to anyone othèr than the Charity 8nd the Chanty's trustses as body. for rny WO OT lor Ihis rèpo Flank Shippam Bsc FCA DC1 Independent Examiner MA Partners LLP 7 The Close Norwich Norfolk NR14DJ 08 March 2022
John Risebrows Charity Statement of financial actlvlties Year ended 30 April 2021 2021 Unr&stn"ded Endowment funds funds Totsl funds 2020 Total fttnds Nots Incom• and •ndofftnts Investment brvjme 103,958 103,958 123.371 Total Incom• 103,958 103.958 123,371 Exp•ndlture Raisin9 funds Expenditure on charrtable actiwties Totsl •xp•ndlture (708) 1117.140) 1117,848} 1708) 1117,1401 1117.8481 11,5721 1122,4001 1123.972) N•t Incomoll•xp•ndltur•l •nd net mov•m•nts In funds bofor• gSn• and 101•fr8 on Inv•$trn¢nts 113,8901 113.8901 {6011 Nel gains on investments 7.445 330.126 337.571 {102,3791 N•t Incom•ll•xp•ndStur•l b•fow• tran•hr of lund8 {6.4461 30,126 323,681 1102.9801 Transfers behyeen funds N•t mov•m•nt In lundi 16.446} 330.126 323.681 1102,9801 R•con¢llltlon of funds Total fund5 brought fOard Total fund• ¢•rrl•d lorward 267,307 3,897.077 3.964.384 4,067,364 260,862 4,027,203 4.288,065 3,964.384 The slalemènl of financial a¢tiwlies indudes all gains and los recognised in the year. All Income and exnditure derive from continuing ¥¢ts"wiie5. The not•S on pa9ety 8 to 13 forni part of these financial ststements.
John Rlsebrow's Charlty Balance sheet 30 April 2021 2021 2020 Flx•d a•••t• Invostm8nts 4.109.391 3.772.$28 Curr•nt •$8ets Debtors Cash at bank and in hand 10 1.080 195,224 181.30S 182.214 196.304 Crndltor•'. Amount• lalllng du• wllhln on• year 13.5401 N•t curr•nt 178.674 191.856 Totsl M••ts IM• curr•nt Ilabllltl• 4.288,065 3.964,384 N•t a•••ts 4.288,065 3.964.384 Fund8 of tho charlty Endry•menl funds Vnr8strictod funds 4.027,203 2fA).862 3,697,OT7 267.307 Total ch•rlty fund• 12 4.288,065 3,964,384 Th8$9 flnan¢lal statements wer• opprov•J by th8 of tNstots and aulhrylsl for on 18 F•bN8ry 2022. antl ar• sl9ne•J on bphallol tho board by.. son Ichalrma rGL Trusta• slee Th• not¥ on p•w 8 to 13 fmn part ol thme Ilnanel•l JtenKnt•.
John Risebrows Charity Notes to the financial statements Year ended 30 April 2021 G•n•ral infommtlon The charty is a registered charity in England and Wales and is unincorporated. The 8ddfess of the principal offKe is The Atn"um. St Georgg's Streei, Norwi¢h. Norfolk, NR3 1AB. Stat•mgnt of compllant• These financial $tal&men15 have been wepared in compliance wilh FRS 102. The Financial Reporting Standard appli¢able in the UK and the Republic of Ifeland., Ihe Slalemenl ol Recommended Pra¢li¢e applicable to chan$S Preparing their accounts in a¢¢ordance wilh the Financial Reporiing Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Charilig$ A¢1 2011. The charity has applied Update Bulletin 1 as p(knli$hed on 2 F8bnJ8ry 2016. The financial slalernents hav& been prepared to give a Irue and lair vi•w' and have departed from the Charili•s IA¢¢ounls and Reports} Regulations 2008 onty to èxtent required lo provid8 a 'lrue and fair vi•v/. This departure has invofved lollow4ng the Accounting and Reporting by Charilies". Slalement ol Re¢ommended Pra¢tice applicable lo ¢h8rilie5 preparing their accKJunls in accordance wilh the Financial Reporting Standard applbI* in the UK and Republic of Ireland IFRS 1021 issued on 16 Juty 2014 rather than the Accounting and Reporling by Chanbtrs.. Slalem&nl ol Recommènded Pracllcè effeclive from 1 April 2005 which has since be8n wrthtjrawn. The Ghathy constitLrtes a public benefft enlity as dfrffinèd by FRS 102. A¢¢ountlng polleh• (•) Bisl• ol pr•p•rntloTr The financial statemènts have been preparetj on a goin9 ¢on¢em basi$ under the historical cost convtrnlion. modified lo Indude certain items at tsir value. The financial slalernenls are presented In sleding which 1$ the lunclional currency of thè entity and rounded to the nearest £. Ibl Golng ¢onc•rn Th¥re are no material uncertainlies ab04rt Ihe charity's ability tts continue. 11 continves lo hold subslanlial lev61 of invèslmenls and has suffient cash in hand lo meel day-lTrday expenses for thè loreseeabl6 lulure. {cl Fund •¢¢ountlng Unrg$lri¢ted lunds are avail¥bk for use at the drs¢retion of Ihe trustees to fvrther any of the charity's purpo$•$. The endowment lund represents Ihosè assets which must be held pemianently by the charity, principalty investments. Income arising on the endowment fund ¢an be used in a¢¢ordance with the objecls of Ihe charty and is included as unreslncled income. Any capital gains or losses arising on inv&slments form part of the endowment fund. Idl In¢om• All income is included in the statement of financial acts'vits when entitlement has passed to Ihe charity, il is probable that the economic benèffts associated with the Iransaclion will flow lo the charity and Ihe arnounl can be reliabty measured. The following speafic poltcie5 are applied to particular categories of income.. - Investment income is Iluded when re¢eivable.
John Risebrow's Charity Notes to the financlal statements (¢onitnu•dJ Year ended 30 April 2021 A¢¢ovnting polici•s (eontin4r•dJ lel Expendltur¥lgr4nts Expenditure 15 recognised on art accruals basis as a liabilty is incuThed. Expendilure includes any VAT which cannot be fully recovered. and is classifieil under headings of the statement of financial activities lo which il relat&s. Expendrture on ¢harilable acbVeS indutl&s all costs in¢urr&d ty a Charity in undertaking acti115 that lurther its charitable aims lor thè btrnefil of ils benèficiaries. including Ih05e support costs and costs relatjng lo the govemance of the charity apporlioned lo char¢lable activities. All sls are allocated lo expèndrture categories relleding the use ol the rèsouice. Direct ¢osls attributablè lo a single activity are alltscated directly lo Ihat activity. Shared costs are apportiontrd beh¥een the activities thèy contribute lo on a rea$onabltr. justifiab and consistent basis. Grant commilmenls are account for at the poinl a conslru¢tive obligation has béen cr8al•d l.è. once Ihe intention lo make a granl has been communi¢aled lo the recipient. Inv••tm•nts Listad investments are measured 81 lair value wth chanps in foir value b&ing fecognisod In Income or gxptndilure. Igi Fln•nGIAI IMlrum•nts A financi* ass or a finanual liabilrty is recognised only when the entty COmeS a pariy lo the ¢onlradual provisions of the inslrumenl. Basic financial inslrum&nl$ a initially recogni$•d al the amounl receivable or payab including any related transaction Costs. unless Ihe arrangernenl constrtulè$ a ffinancing tran$a¢tion, wh8r& il is recognised al th¢ present value ol Ihe lulvre payments discounted 81 a market rale of inler$sl for a similar debt instrument. Current assels and curr&nl liabililies are subsèquenuy measured at lh& cash or other consideration ¥xpÈcted lo be paid or re¢eived and not lSUnIed. Debt instruments are subsequently measured al amorfis•d cosL Inv••tm•nt Incom• Vnresiricted Totsl Fund¥ Unreslricted Total Funds Funds 2021 Fund5 2020 Dividènd incorne Interest- Charitses Deposrt FuThl 101.733 2.225 101.733 2.225 120.826 2.545 120,828 2,545 103,958 103.958 123.371 123.371 Inv&slmenl management loe$ were irKuffed in the year ended 30 Apn'l 2021 of £70812020.. £1,572).
John Risebrows Charity Notes to the financial statements fcontynu•dJ Year ended 30 April 2021 ExndItUre on ¢h•ritable actlvttl•s Grant funding of actiwties Support c$t$ Total funds 2021 Total fund 2020 Sl Peter Mancroft P.C.C.- Youth aNI Music and Vicars List Mancroft Advice Project School Readers Eating Matters Musical Key$ YMCA Musical Keys Norfolk Family Mediation Connects & Co Ealtsn Vale Scouts Sl Peter Man¢roft~ Organist burs8ry St Peter Mancroft- Creating Space Easl Norwich Youth Partnership Cancèllation ol Pfior year grant Inolg 111 Gov•rnance costs 45.000 57,000 2,5 2.sr 45.000 57,000 2.500 2.500 2,500 3.000 1,300 45,000 57,000 2.500 1,300 2.000 2.500 2,500 500 4,000 1500) 15001 3.84CI 3.840 3,900 113.300 117,140 122,400 An•tyil• ol gov•m•nc• ¢o•t•: Unre$ln"¢ted Funds R8stri¢ted Tolal Funds Total Funds lunds 2021 2020 Independent examinalion lèes Clerks fèts 1,740 2,100 1,740 2,100 1,800 2,100 3,840 Not o•ln¥ on In¥••bn•nts unrestri9 Endowment Totsl Funda Funds Funds 2021 Gainslllos$8s) on listed in¥e$lments 7.445 330,126 337,571 Unrestriclfjd Endowmenl Total Funds Funds Funds 2020 Gainslllosses) on listed investments {1,3181 1101,0611 1102,3791 Indop•nd¢nt examlnatlon fee• 2021 2020 Fee$ paYae to the independent examinef for-. Independent examination of thè financial statements 1,740 1,800 Trust•• rèmuneratlon and expens•s No salaries. wages or expenses havè been paid to truslees. durin9 the year. The charity has no employees. 10-
John Risebrows Charity Notes to the financial statements (continu¥dJ Year ended 30 April 2021 Inv•$tments Cash or cash equivalfrnts Lisled investments Total Cmt or valuation Al 1 May 2020 Additions Disposals Nel gains I Ih)sses> At 30 April 2021 Impalm•nt At 1 May 2020 and 30 Aprfl 2021 Carrylng amount At 30 Aprll 2021 AI 30 April 2020 101.224 660,067 1690,632 3.671.304 3,772.528 689.924 1.349.991 1635,3031 11,325.935} 312.807 312.807 70.659 4.038,732 4,109.391 70,659 4.089,967 4.160,628 101.224 3.671.304 3.772.528 All invaslmenl$ shown above are held al valuation. In the yèar èndgd 30 April 2018 the endowment fund portlolio and unrestricted fund portfolio were consolidated to rationalistr their administration and r8du¢e the lolal level of chargés payable. Al the dale of consolidation 98% olthe funds relaled lo the andowmenl fund. In allocating perwl ¥nd inveslrnenl values this perctrnlage continu8s lo be applied, wilh undtrrtying movements allocatgd lo nèl gains on inv6stm8nls. Flnancl•l ••••ts h•ld at falr val Thè fair value of lisled $ecunlies is detennined by reference lo the quoted pri¢e for Ihesa assets In an active market at th¥ balance sheet dale. No on• investment exceeded 5% ofthe lotal listed invesimgnl portfdio as 4130 April 2021 or 2020. 10. D•btorn 2021 2020 Trade deblors 909 1,080 11. Cr•dltorn: Amounts falllng due wllhln on• y•ar 2021 2020 Grants payaNe A¢¢Nals and deferred incorr $48 3.900 3.540 3,540 4,448 Subsequènt lo 30 April 2020. £500 of the grants payable balancè has been cancelle(J due to Covid rèlated travel restrictions preventin9 the rerApienl's intended application ol the funds. 11
John Risebrows Charity Notes to tho financial statements (conunued) Year ended 30 April 2021 12. Analpl$ ot Charltab lunds Unrestricted funds- year •nd•d 30 April 2021 Balanc• at 1 May 2020 Expendltur• In¢ome l Transf•rn Gains and Balanc• #t los¥¥ 30 Apr 2021 Unr•8trlctod fvnd 267,307 103.958 (117.848) 7,445 260,862 Endowmont lunds - y•ar end•d 30 Aprll 2021 Balanc• at 1 May 2020 Exp•hdrtur• Galn• and Bal4nc• at Incom• l TrnMfern k¥•se• 30 Apr 2021 Endowm•nt fund 3,697.077 330,126 4.027,203 Unro¥trlct•d fund•- y•ar •nd•d 30 Aprll 2020 Bal4n¢• at 1 My 2019 Exwndltur• Galn• and Balan¢• at Incom• l Trnn•f•r• I8• 30 Apr 2020 Unr••trfct•d fund 269.220 123.371 1123.9721 11,3181 267,307 Endowmont lund• - y•ar •nd•d 30 Aprll 2020 BalDc• at 1 May2019 Exp•ndltur• Galn• and BAl•n¢• *t lrtom• l Trnn•f¢rn lo$•e8 30 Apr 2020 Endowm•nt fund 3,798,138 (101,0611 3,697,077 13. Analy•l¥ of n•t a8••ts htw••n funds 30 Aprll 2021 Unv•8trTr¢t End(¥wm•nt Tot•1 fund• lunds fund$ 2021 Inveslmtsnls Current assets Cwedilors due wrthin one year N•t as$¢ts 83.188 4,027,203 4,109.391 182,214 182.214 {3,5401 13,5401 260,862 4.027.203 4,288,06S 30 Aprll 2020 Unr•strictèd Endowmènt Totsl fund8 lund• funds 2020 Investments Currenl assets Creditors due within one year N•t as¥ets 75.451 3,897,077 3.772,528 196.304 196,304 14,448} 14.4481 267,307 3.697,077 3,964.384 12-
John Risebrows Charity Notes to the financlal statements (coDITnu•d) Year ended 30 April 2021 14. Financlal Instruments Th& carrying amount fof eath cate90ry ol financial inslrumenl is as folb)ws'. 2021 2020 Financ5al as¥ets m•asur•d at fair valu• Invèstments (note 91 4,109.391 3.772,528 15. R•lat•d partl Under th& wles of tha scheme govemin9 Ihe thanty. on8ofthe Tru51ees known as an ex-officio Tfuslee musl be the Vicar of the ECdeSias'cal Parish ol St Pèter Mancroft. Norwich (Revd. Cannon E Carterl. Also under the wles ol the scheme. the nominabve tnjslees IG Loades and Mrs B Millèrl are nominated by Ihtr PCC of St Peter Mancfoft, Norwich. Revd. Cannon E Cart¥r and G Loade5 ar6 truslees ol the PCC ol St Peter Mancroft. Ncmch. Under the objectives of the charity, some ol Ihe lund$ arising will be applied lo ben&fil youn9 people in the Parish of Sl Peter Mancroft. No benefit is derivefl by the ex-offiao or nominative twslees under these dir8dwes. The charty made grant$ of £45.04812020." £45.(} lo St Peter Mancrofl PCC. The grants lo St Peter an¢roft PCC are then dislTibLrted at their dIScon, in part lo thoral scholars. Al 30 April 2021 no amounts were owed lortrom Sl Pet8f Mancroft PCC12020". £481. During the year. the chanty made granls to Moncroft Advice Project. a registored charity, of which Ihg Revd. Cannon E Carter and Mrs B Miller werè trustees. of £57,00012020'. £57,000). At 30 April 2021 no amounts were owed loArom Mancroft Advice Proj8ct12020". £nill. No one Trustaa has thè control lo delennine how Ihe funds of th& charity arg lo btr applied. This 1$ governed by the charitys rules. 13