| TrusteesAnnualReport | t |
|---|---|
| ReferenceandAdministrativeInformation | 4 |
| ReportofthelndependentAuditor | 6 |
| StatementofFinancialActivities | 9 |
| Balance Sheet | 10 |
| Statement ofCash Flows | LL |
| Notesto theFinancialStatements | t2 |
8th July 2021
| UnrestrictedEndowment | UnrestrictedEndowment | TotalFundsTotalFunds | TotalFundsTotalFunds | ||
|---|---|---|---|---|---|
| Note | Funds | Funds | 202L | 2020 | |
| f | f | f | E | ||
| (Note2) | |||||
| lncome | |||||
| lnvestment income | 303,643 | 303,543 | 303,954 | ||
| Transfer between funds | 303,643 | (303,643) | : | ||
| Total income | 303,643 | 303,643 | 303,954 | ||
| Expenditureoncharitable activities | |||||
| Children andYouth | 60,475 | 60,475 | 55,816 | ||
| Community | 133,561 | 133,551 | r44,880 | ||
| Cultural andEducation | 49,328 | 49,328 | 63,754 | ||
| Elderly | 11,906 | 11,905 | 24,270 | ||
| Medical andHealth | 23,5!2 | 23,5L2 | 25,6t4 | ||
| Overseas | 30,803 | 30,803 | 22,394 | ||
| Totalexpenditure | 309,585 | 309,585 | 336,728 | ||
| Netincome/(expenditure) before gainsandlossesoninvestments |
(5,942| | (s,9421(32,7641 | |||
| Net(loss)/gain on investments | 2,!22,6162,r22,6L6(397,7511 | ||||
| Netincome/(expenditure)andnet movementinfunds |
(5,942) 2,!22,616 | 2,LL6,674(430,525) | |||
| Reconciliation offunds | |||||
| Total funds boughtforward | 504,077 | 9,574,!38 | 1:O,078,2L510,508,740 | ||
| Total funds carriedforward | 498,135 | t!,696,754 | 12,L94,889t0,078,215 |
| ALANCESHEET ATsTHAPRIL2021 |
|||||
|---|---|---|---|---|---|
| Unrestricted | TotalFunds | Prioryear | |||
| FundsEndowment 202L | 2O2O |
||||
| f€f€ | |||||
| FixedAssets | |||||
| lnvestments | 385,950 | L1,696,754 | t2,o92,7o4 | 9,960,088 | |
| CurrentAssets | |||||
| Debtors | 76,577 | 76,577 | 76,342 |
||
| Cashatbankand inhand | 44,2t4 | 44,214 | 50,914 |
||
| Total CurrentAssets | t20,79L | t20,79t | t27,256 |
||
| Liabilities | |||||
| Creditors falling duewithinoneyear | (8,606) | (8,505) | (9,129) | ||
| Net CurrentAssets | ttz,t85 | tl2,t85 | tL8,t27 | ||
| NetAssets | 498,135 | lL,696,754 | L2,t94,889L0,078,2L5 | ||
| Funds | LT | ||||
| Expendableendowment | L]-,696,754 | t1,696,754 | 9,574,138 | ||
| Unrestricted income funds | 498,135 | 498,135 | 504,077 | ||
| Total CharityFunds | 498,135 | Lt,696,754 | L2,194,889L0,078,2L5 |
| Note | Totalfunds | Prior year | |
|---|---|---|---|
| 2021 | 2020 | ||
| f | t | ||
| Cashflows from operating activities; | |||
| Netcashused inoperating activities | L2 | (310,343) | (334,230) |
| Cashflowsfrominvestingactivities: | |||
| lnterest and dividends | 4 | 303,543 | 303,954 |
| Proceedsfromsaleofinvestments | 8 | 516,203 | |
| PurchaseofInvestments | 8 | (516,203) | |
| Netcashprovidedby investingactivities | 303,643 | 303,954 | |
| Changeincashandcashequivalents intheyear | (5,700) | (30,256) | |
| Cashand cashequivalent boughtforward | 50,914 | 81,180 | |
| Cashandcashequivalentscarriedforward | 44,2L4 | 50,914 |
| Unrestricted | Endowment | TotalFunds | |
|---|---|---|---|
| Funds f |
Funds f |
2020 f |
|
| lncome | |||
| lnvestment income | 303,964 | 303,964 | |
| Transferbetween funds | 303,964 | (303,964) | |
| Total income | 303,964 | 303,964 | |
| Expenditure on charitable activities | |||
| ChildrenandYouth | 55,815 | 55,816 | |
| Community | t44,gg0 | 144,880 | |
| Cultural andEducation | 63,754 | 63,754 | |
| Elderly | 24,270 | 24,270 | |
| MedicalandHealth | 25,614 | 25,574 | |
| Overseas | 22,394 | 22,394 | |
| Totalexpenditure | 336,729 | 336,728 | |
| Netincome/(expenditure)andnet movementinfunds beforegainsandlosseson investments |
(32,764) | (32,764) | |
| Net gainson investments | (397,767) | (397,761) | |
| Netmovementinfunds | (32,764) | (397,76L)(430,s2s) | |
| Reconciliation of funds | |||
| Total funds boughtforward | 536,841 | g,g7L,ggg10,50g,740 | |
| Total funds carriedforward | 504,077 | 9,574,t39t0,079,2t5 |
| Unrestricted | TotalFunds | TotalFunds | ||
|---|---|---|---|---|
| FundsEndowment | 2020 |
|||
| €€f | ||||
| FixedAssets | ||||
| lnvestments | 462,292 | 9,497,7969,960,088 | ||
| CurrentAssets | ||||
| Debtors | 76,342 | 76,342 | ||
| lnvestments | 50,914 | - | 50,914 | |
| Cashatbankand inhand | ||||
| 50,914 | 76,342 | L27,255 | ||
| Total CurrentAssets | ||||
| Liabilities | ||||
| Creditors falling duewithinoneyear | (9,L29) | (9,129) | ||
| Net CurrentAssets | 41,785 | 76,342 | tL8,L27 | |
| NetAssets | 504,077 | 9,574,t38 | tO,O78,215 | |
| Funds | ||||
| Expendableendowment | 9,574,1389,574,L38 | |||
| Unrestricted incomefunds | 504,077 | - | 504,077 | |
| Total CharityFunds | 504,077 | 9,574,138 | L0,O78,2L5 | |
| INVESTMENTINCOME | ||||
| 202L | 2020 | |||
| f | f | |||
| Accruedincome at5thApril2020 | (76.342) | (76,ss6) | ||
| lncome received inreportingperiod Accruedincome at5thAPril2021 |
303,408 76,577 |
304,t78 76,342 |
||
| lncome recognised intheStatement ofFinancialActivities | 303,643 | 303,964 | ||
| lnterestoncashdeposits received | ||||
| Other income received | ||||
| Totallncome | 303,543 | 303,964 |
| GOVERNANCEANDSUPPORTCOSTS | ||
|---|---|---|
| 202t | 2020 | |
| GovernanceCosts | f | f. |
| Audit fee and relatedcosts | 7,200 | 6,000 |
| Trustee meetings | 169 | 262 |
| Trustee expenses | 38 | |
| Total | 7,369 | 5,300 |
| SupportCosts | 202L | 2020 |
|---|---|---|
| f | f | |
| Secretarialfee | 20,o75 | t7,532 |
| Treasurerfee | 5,570 | 5,460 |
| Othersupportcosts | 1,32t | 2,096 |
| Total | 26,966 | 25,088 |
| TotalCosts | 202L | 2020 |
|---|---|---|
| f | E | |
| Governance costs | 7,369 | 6,300 |
| Supportcosts | 26,966 | 25,088 |
| TotalCosts | 34,335 | 31,388 |
| 2O2L | 2021Total | 2020 | 2020Total | |
|---|---|---|---|---|
| Numberof | Grants | Numberof | Grants | |
| Grants Paid |
f |
Grants Paid |
f |
|
| Children andYouth Community Culture andEducation Elderly Medical Overseas |
32 78 35 7 15 4 |
54,050 L17,900 42,300 10,500 20,500 30,000 |
42 113 48 15 18 3 |
50,300 130,040 57,450 22,300 23,250 22,000 |
| Total | t7t | 275,25O | 239 | 305,340 |
| alysisofExpenditure on Cha | ritableActivities | ||||
|---|---|---|---|---|---|
| Grant | Governance | Support | 2021Total | 2020Total | |
| Fundingof | Costs | Costs | |||
| Activities | |||||
| Children andYouth | 54,050 | 1,379 | 5,046 | 60,475 | 55,816 |
| Community | tt7,900 | 3,361 | 12,300 | 133,561 | L44,880 |
| Culture andEducation | 42,300 | 1,508 | 5,520 | 49,328 | 63,754 |
| Elderly | 10,500 | 302 | 1.,1.04 | 11,906 | 24,270 |
| Medical | 20,500 | 647 | 2,365 | 23,572 | 25,51,4 |
| Overseas | 30,000 | 172 | 631 | 30,803 | 22,394 |
| Total | 275,25O | 7,369 | 26,966 | 309,585 | 336,728 |
| Summary GrantsPaidbyRecipient Type | 202L f |
2020 f |
|---|---|---|
| lnstitutionaI | 274,950 | 304,540 |
| lndividual | 300 | 800 |
| Total | 275,250 | 305,340 |
| RecipientsoflnstitutionalGrants | 202t f |
2020 E |
| Christian Aid | 20,000 | 10,000 |
| AllWeCan | 10,000 | 10,000 |
| Narthex Sparkhill | 5,000 | 2,000 |
| StBasils | 5,000 | |
| StreetTeams | 5,000 | |
| EveBrookScholarshipFund | 4,850 | 3,000 |
| Anawim | 4,000 | |
| BirminghamSettlement | 4,000 | 3,OO; |
| StAnnes Hostel | 4,000 | 2,500 |
| StMartin'sYouth Centre | 4,000 | 3,000 |
| Sutton ColdfieldYMCA | 4,000 | |
| TheHavenWolverhampton | 3,500 | |
| Acacia | 3,000 | |
| BeyondtheHorizon | 3,000 | |
| Birmingham Centrefor ArtTherapies | 3,000 | 3,000 |
| BirminghamMethodistCircuit5/1 | 3,000 | 3,000 |
| BirminghamStMary'sHospice | 3,000 | 2,500 |
| BrierleyHillSamaritans | 3,000 | |
| CruseBereavementCare | 3,000 | |
| DarlastonBoysClub | 3,000 | 3,OO; |
| Home Start Birmingham North and lnner City | 3,000 | |
| The GapSutton Coldfield | 3,000 | 3,000 |
| TheUniversity ofWolverhampton | 3,000 | 2,500 |
| Welcome Group Halesowen | 3,000 | 2,500 |
| cBso | 2,s00 | |
| Homestart Birmingham Central and South West | 2,500 |
| 202L | 2020 | |
|---|---|---|
| f | e | |
| LozellsMethodistChurch | 2,500 | 2,500 |
| NewStarts | 2,500 | |
| RBSA | 2,500 | 2,500 |
| SevernValley Railway Charitable Trust | 2,s00 | 2,500 |
| AgeConcern Birmingham | 2,OOO | |
| Bethel Health and HealingNetwork | 2,000 | |
| Birmingham Churches TogetherRestore | 2,000 | |
| Birmingham City Mission | 2,000 | 2,O00 |
| BUDS | 2,OOO | 2,O00 |
| ChangeBirminghamBriefTherapy | 2,000 | |
| Cotteridge ChurchDayCentre | 2,O00 | |
| Dads LaneCommunity Association | 2,000 | |
| DisabilityResourceCentre | 2,O00 | |
| ExCathedra(SingingMedicine) | 2,000 | 5,000 |
| Father Hudson'sCare | 2,000 | |
| Foundation of Conductive Education | 2,000 | |
| Halas Homes | 2,O00 | |
| HolyAscensionChurch | 2,OO0 | |
| HomeStartBirmingham Consortium | 2,000 | |
| JohnTaylorHospice | 2,000 | 2,000 |
| KarisNeighbourScheme | 2,OOO | |
| Martineau Gardens | 2,000 | 2.000 |
| PPPCCofStMarks KingstandingDayCentre | 2,000 | |
| QueenSaloteCollegeFormer Students Association | 2,000 | 2,000 |
| RedditchWheels Project | 2,000 | 2,OO0 |
| Royal ShakespeareCompany | 2,000 | 2,OOO_ |
| Sandwell YouthinAction | 2,O00 | |
| Spitfire AdviceandSupport ServicesLtd | 2,000 | |
| Sport4Life | 2,000 | 2,000 |
| StGabriel's Centre | 2,000 | 2,000 |
| StGiles Hospice | 2,000 | |
| St Paul'sCommunity Development Trust | 2,000 | |
| Sudden Productions | 2,000 | |
| Sutton Coldfield United ReformChurch | 2,000 | 2,OOO |
| WarleVWoods Community Trust | 2,000 | |
| WayAhead SupportServices | 2,000 | 2,000 |
| West Midlands QuakerPeaceEducation Project | 2,O00 | |
| West MidlandsCareTeam | 2,000 | |
| Woodgate Valley Urban FarmLtd | 2,000 | |
| BirminghamWomen'sand Children's Hospital Charity | 5,OO; | |
| EmmanuelHouse | s,000 | |
| Walsall StreetTeams | s,000 | |
| GeeseTheatre Company | 3,500 | |
| HomefromHospitalCare | 3,500 | |
| lnUnity | 3,500 | |
| TheQueen's Foundation | 3,s00 | |
| BlackheathLiveatHome | 3,000 | |
| RydersGreenMethodistDayCentre | 3,000 | |
| TheGivingHandsMission | 3,000 | |
| EnterpriseSailingTrust | 2,500 | |
| The BlackCountry Living Museum | 2,500 | |
| ThelronbridgeGorge Museum Trust | 2,500 | |
| AgeUKDudley | 2,OOO | |
| Around Again Charity | 2,O00 | |
| Better Pathways | 2,000 | |
| BirminghamPHAB Camps | 2,000 | |
| Carrs LaneCounselling Centre | 2,000 | |
| Edward's Trust | 2,O00 | |
| Entraide | 2,000 | |
| Gilgal Birmingham | 2,000 | |
| Hope Projects | 2,000 | |
| MoseleyRoad Baths | 2,000 | |
| StMartin'sCentreforHealth and Healing | 2,000 | |
| TheBoysBrigade WestMidlandsDistrict | 2,000 | |
| TheCotteridgeChurch | 2,000 | |
| Thrive | 2,OOO | |
| Tipton FoodBank | 2,000 | |
| WAITS | 2,000 |
| Wellington MethodistChurch and Centre | 2,000 | |
|---|---|---|
| Grantsoflessthanf2,000notdetailed | 80,900 | 138,340 |
| Total Grants | 275,250 | 30s,340 |
| FIXED ASSETINVESTMENTS | ||
|---|---|---|
| 202t | 2020 | |
| f | f | |
| Cost | ||
| Quotedinvestments: 566,580.89 UnitsCOIFCharitieslnvestmentFund |
7,3t2,330 | 7,3!2,330 |
| Unquoted investments: | ||
| 25,000Ordinary1p sharesinKiteConnexionHoldingsLimited | 250 | 250 |
| Total investments at cost | 7,3t2,58O | 7,3t2,58O |
| 202t | 2020 | |
| f | f | |
| MarketValue | ||
| Quotedinvestments: COIFCharitieslnvestmentFundlncomeUnits |
Lt,552,704 | 9,465,088 |
| Unquoted investments: | ||
| At valuation(Seebelow) | 530,000 | 495,000 |
| Total market valueof investments | t2,082,7O4 | 9,960,088 |
| Quotedlnvestments | 202t | 2020 |
|---|---|---|
| f | f | |
| Valuationb/fwd | 9,465,088 | 9,918,849 |
| lnvestmentspurchased | - | 5L6,203 |
| lnvestmentssold | - | (516,203) |
| Realisedlosson saleof investments | - | (77,788) |
| Revaluation | 2,087,616 | (435,973) |
| Valuation atYearEnd | LL,552,704 | 9,465,088 |
| UnquotedInvestments | ||
| Valuationb/fwd Revaluation Valuation atYearEnd |
495,000 35,000 530,000 |
439,000 56,000 495,000 |
| DEBTORS |
| 202t | 2020 |
|---|---|
| f | f |
| 76,577 | 76,342 |
| 202t | 2020 |
|---|---|
| f | f |
| 8,506 | 9,t29 |
| AnalysisofFund | Balance | Gainsand | Balance | |||
|---|---|---|---|---|---|---|
| Movements | B/Fwd | lncomeExpenditure | Transfers | Losses | ClFwd | |
| f | ff | f | f | f | ||
| Expendableendowment | 9,574,138 | 303,643 | (303,643) | 2,722,6t6 | t],696,754 | |
| Unrestricted funds | 504,077 | - | (309,585) | 303,643 | 498,135 | |
| Total | LO,O78,215 | 303,543(309,585) | 2,L22,5L6 | L2,L94,889 |
| 202L | 2020 | |
|---|---|---|
| € | f | |
| Net movementinfunds | 2,!!6,674 | (430,525) |
| lnvestment dividends andinterestreceived | (303,643) | (303,964) |
| Deduct(gains)/addbacklosseson investments | (2,!22,6761 | 397,761 |
| Decrease/(increase)in debtors | (23s) | 214 |
| lncrease/(decrease)in creditors | (s23) | 2,284 |
| Netcash usedinoperating activities | (310,343) | (334,230) |