2021-03-31-accounts

CONTENTS			PAGE
Trustees' Report			1-5
Independent	Examiner's	Report
Statement of	Financial	Activities
Balance Sheet
Notes to the Financial Statements			9-15

			'O
		Note	9r3 g 5 'o I ~ u C	e E0 e 0 m 'o ruu c	66ic 46 55r 046 0 C7 r 05I		577 L 0 9S O r4I 0 C3
			8
Income and endowments from:
Donations and legacies
Investments		2	29,658		29,658		37,381
Total	income		29,658		29,658		37,381
Expenditure on:
Raising funds
Charitable activities		3	33,550		33,550		250,798
Total expenditure			33,550		33,550		250,798
Net gains/(losses) on investments		6 -	14,506		14,506	-	17,692
Net income/(expenditure)			18,398		18,398	-	231,109
Transfers between funds
Other recognised gains/(losses)
Net movement	in funds		18,398		18,398	-	231,109
Reconciliation offunds:
Total Funds brought forward			83671	634080	718,551		049,659
Total Funds carried	forward		65,273	634,880	700,153		718,551

					Unrestricted	Unrestricted	Endowment	Total funds	Total funds	Total funds	Total funds
			Note		Funds		Funds	2021		2020
								5		5
Fixed assets
Investments				6	7213		634,880	642,093		656,599
Total fixed assets					7	213	634880	642	093	656,599
Current assets
Debtors and prepayments
Cash at bank and	in	hand			58,360			58,360		62,252
Total current assets					58	360			5		5
Liabilities
Creditors: Amounts		falling due within one year		7		300			300		300
Net current assets		or liabilities			55	050			0	50
Total assets less	current liabilites				65473		634,880	700,153		718,551
The funds ofthe charity:
Endowment funds							634,880	634,880		634,880
Unrestricted funds					65	273				55
Total charity funds					65	273	634880			5

2	Investment Income										2021	2020
	UK dividends received										29,582	36,408
	Deposit interest received										76	973
											29,658	37,381
	All ofthe investment	income		is attributable			to unrestricted		funds.
3	Analysis ofexpenditure		on charitable		activities and			support costs
					Grant		funded	Support		and	2021	2020
	Activity or programme					activity		governance			Total	Total
									costs
	Grants promoting and	supporting					33,250				33,250	250,498
	loral nrganisations
	Independent examiner									300	300	300
							33,250			300	33,550	250,798
4	Analysis ofgrants										Authorised	Grants to
												institutions
	Analysis											E
	Digby Hall										21/10/2020	20,000
	Running costs ofthe	Digby		Hall and	Library		2020/21
	Sherborne Town Council		(re	Tennis Club)							30/10/2017	5,000
	Towards the refurbishment			of the Tennis		Courts at the Terrace
	Playing Fields (year five offive)
	Sherborne Town Council		(re	Top-dresser)							21/10/2020	8,250
	Towards the purchase ofa			new Top-dresser for grounds
	maintenance at the	Terrace Playing			Fields
	Total											33,250

Movement in fixed asset listed investments	Movement in fixed asset listed investments	2021		2020
		f		f
Market value	at 31/03/2020	656,599		674,291
Additions
Disposals
Net unrealised	gains/(losses)	14,506	—	17,692
Market Value	at 31/03/2021	642 093		656599
Historical Cost as at 31/03/2021		666 QQQ
HistoricalCost	as at 31/03/2020			650,000
		2021		2020
Investments	at Market Value comprised:	f		f
DK Property Fund		642 093		656599

The Trust held the following materialinvestments (over 5%oft	he portfo	lio by value).
COIF Charities Property Fund	f	642,092.60
Investment values are stated inclusive ofaccrued interest.
Analysis ofcurrent liabilities
		2021	2020
		f	f
Grants awarded but not paid in year
Other creditors		300		300
		300		300

Fund name		Fund balances	Income	Expenditure	Expenditure	Gains and	Fund balances
		brought				(losses)	carried forward
		forward f					f
Permanent		634,880					634,880
endowment
Unrestricted	funds	83,671	29,658	-	33,550	14,506	65,273
Total funds		718,551	29,658	—	33,550 -	14,506	700,153