2021-04-05-accounts - The Ratcliffe Charitable Trust

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			Page
Report ofthe	Trustees		to	2
Independent	Examiner's	Report
Statement of	Financial	Activities
Balance Sheet			5to6
Notes tothe	Financial Statements		7 to	16
Detailed Statement ofFinancial Activities			17 to	18

		~6A ril 2021
			2021	2020
			Unrestricted	Total
			fund	funds
		Notes
FIXEDASSETS
Tangible assets				34'l,335
Investments
investments		9	547,570	424,586
Investment property		10	500,000	470,000
			1,386,501	1,235,921
CURRENT ASSETS
Debtors: amounts	falling due viithin one
year			1,567	9,037
Cash at bank			766	13,55 I
				22,588
CREDITORS
Amounts falling due within one year			(5,646}	(6,645)
NET CURRENT ASSETS			(3,313)	15,943
TOTAL ASSETS	LESSCURRENT
L!ABILITIES			'l,383,188	1,251,864
NET ASSETS			1,383,188	1,251,864

INVESTMENT INCOME
	2021	2020
Rents received	17,979	22,499
Income from listed investments	8,577	11,544
Interest received gross		7
	26,556	34,050
RAISING FUNDS
	2021	2020
Portfolio management	4,688	3,573
Rent collection	3,417	3,125
Property repairs	9,841	1,231
Insurance	1;245	857
Interest payable and similar charges	8	20
	19,199	8,806
GRANTS PAYABLE
	2021	2020
	E
Charity donations	28,250

Grants to Institutions		Amount paid
Challengers		R2,000
Community Foundation	for Surrey	F4,000
Haste/Royal Surrey		F1,000
Kent, Surrey 8 Sussex Air Ambulance		F2,000
Linkable		E2,000
Lion Food Bank		E.500
Oakleaf Enterprise		f.1,00Q
Phyllis Tuckwell Hospice		62,000
Step ByStep		f4,000
The Eikon Charity		82,000
The Orchard Community	Pre-School	2?50
The Prostate Project		E1,000
White Lodge Centre		K2,000
VVoking 8 Sam Beare Hospices		E4,000
		828,250

Additional information as follows:
	Listed
	investments
MARKET VALUE
At 6April 2020	405,881
Additions	59,242
Disposals	(53,388)
Revaluations	123,191
At 5 April 2021	534,926
NET BOOKVALUE
At 5April 2021	534,926
At 5 April 2020	405,881

Invest	ments	(	neither listed nor unlisted) were as	follows.
				2021	2020
Cash	held	for	investment	12,644	16,705

		NOTES TO THE FINANCIAL STATEMENTS - contin forthe ear ended 5A rii 2021	NOTES TO THE FINANCIAL STATEMENTS - contin forthe ear ended 5A rii 2021	NOTES TO THE FINANCIAL STATEMENTS - contin forthe ear ended 5A rii 2021	ued
12.	CREDITORS:	AMOUNTS FALLING DUE WITHIN ONE YEAR
					2021	2020
					E
	Other creditors				5,646	6,645
13.	MOVEMENT	IN FUNDS
					Net
					movement	At
			At	6.4.20	in funds	5.4.21
				F
	Unrestricted	funds
	General fund		1,251,864		131,324	1,383,188
	TOTAL FUNDS		1,251,864		131,324	1,383,188
	Net movement	in funds, included	in the above are as follows:

Comparative	net movement in f	unds, included in the ab	ove are as follo	ws:
		Incoming	Resources	Gallls and	Movement
		resources	expended	losses	ln funds
					E
Unrestricted	funds
General fund		34,050	(17,858)	(63,389)	(47, 'I 97)
TOTAL FUNDS		34,050	(17,858)	(63,389)	(47, 'I 97)

			2020
			E
iNCOME AND ENDOWMENTS
Investment Income
Rents received		17,979	22,499
Income from listed investments		8,577	1'1,544
Interest received gross			7
		26,556	34,050
Total incoming resources		26,556	34,050
EXPENDITURE
Investment management	costs
Portfolio management		4,688	3,573
Rent collection		3,417	3,125
Property repairs		9,841	1,231
Insurance		1,245	857
Investment charges		8	20
		19,199	8,806
Charitable activities
Freehold property depreciation		2,404
Grants to institutions		28,250
		30,654	2,404
Support costs
Management
Legal fees		6,129	2,488
Governance costs
Independent Examiner's fees		1,800	1,800
Ind Examiner's fees —non-exam		1,680	1,860
Legal fees		500	500
		3,980	4,160
Total resources expended		59,962	17,858
Net {expenditure)iincome	before gains
and losses		(33,406)	16,192