| Page | |||
|---|---|---|---|
| Reference and Administrative | Information | ||
| Trustees Report | |||
| Independent Examiners Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Accounts | |||
| Schedule 1to the accounts is |
for the Trustees | information | |
| only and does not form part ofthe statutory | accounts | ||
| Schedule 1 —Investment Portfolio |
13 |
| Unrestricted | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| Income | Expendable | Funds | Funds | ||||
| Funds | Endowment | 2021 | 2020 | ||||
| Notes | |||||||
| INCOME FROM: | |||||||
| Investments | |||||||
| Dividends | 92,346 | 92,346 | 111,076 | ||||
| Interest on Securities Bank and stockbroker |
interest | 21,589 11 |
21,589 11 |
8,557 1,110 |
|||
| TOTAL INCOME | 113,946 | 113,946 | 120,743 | ||||
| EXPENDITURE ON: | |||||||
| Raising funds | |||||||
| Investment management |
costs | 33,031 | 33,031 | 32,390 | |||
| Administration costs |
11„319 | 11,319 | 10,774 | ||||
| Charitable activities |
|||||||
| Project grants | 8 | 135,660 | 135,660 | 85,700 | |||
| TOTAL EXPENDITURE | 180,010 | 180,010 | 128,864 | ||||
| NET EXPENDITURE | BEFORE | ||||||
| INVESTMENT (LOSSES)/ GAINS | (66,064) | (66,064) | (8,121) | ||||
| (Losses) / gains on investments | |||||||
| Realised on sale Unrealised |
433,066 1,045,303 |
433,066 1,045,303 |
(28,133) (806,892) |
||||
| NKT (EXPENDITURE) / | INCOME AND | ||||||
| NET MOVEMKNT IN | FUNDS | (66,064) | 1,478,369 | 1,412,305 | (843,146) | ||
| Reconciliation offunds: |
|||||||
| TOTAL FUNDS BROUGHT FORWARD | 300,029 | 4,035,660 | 4,335,689 | 5,178,835 | |||
| TOTAL FUNDS CARRIED FORWARD | f.233,965 | K5,514,029 | f.5,747,994 | f.4,335,689 |
| BALANCE SHEET | ||||
|---|---|---|---|---|
| AS AT 5APRIL 2021 | ||||
| 2021 | 2020 | |||
| Note | ||||
| FIXEDASSETS | ||||
| Investments | 5,783,087 | 4,317,532 | ||
| CURRENT ASSETS | ||||
| Accrued income | 208 | |||
| Cash at bank | ||||
| Deposit account | 27,060 | 33,363 | ||
| Capital account | 1,000 | 1,000 | ||
| Cash at stockbrokers | ||||
| Capital account | 34,163 | 77,960 | ||
| Income account | 4,176 | 3,779 | ||
| USD Capital account | 22,553 | |||
| 89,160 | 116,102 | |||
| CREDITORS: Amounts | falling due within | |||
| one year | 94,253 | 97,945 | ||
| NET CURRENT (LIABILITIES) / ASSETS | (5,093) | 18,157 | ||
| TOTAL ASSETSLESSCURRENT LIABILITIES | 5,777,994 | 4,335,689 | ||
| CREDITORS: Amounts | falling due after | |||
| more than one year | 30,000 | |||
| NET ASSETS | K5,747,994 | K4,335,689 | ||
| CHARITY FUNDS | ||||
| Unrestricted funds |
10 | 233,965 | 300,029 | |
| Endowment funds |
||||
| Expendable endowment |
10 | 5,514,029 | 4,035,660 | |
| TOTAL CHARITY FUNDS | f,5,747,994 | f4,335,689 |
| 6. | INVESTMENTS | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Listed investments | ||||
| Stocks and shares | 5,783,087 | 4,317,532 | ||
| Movements in fixed asset investments: |
||||
| Market value at 6 April 2020 | 4,317,532 | 5,137,402 | ||
| Additions at cost |
2,310,827 | 3,635,831 | ||
| Disposal proceeds | (2,323,641) | (3,620,676) | ||
| Realised gain/(loss) on disposal |
433,066 | (28,133) | ||
| Unrealised revaluation gain/(loss) |
1,045,303 | (806,892) | ||
| Market value at 5 April 2021 | 5,783,087 | 4,317,532 | ||
| Historical cost as at 5 April 2021 | 4756 940 | 4397081 | ||
| Investments can be summarised |
as follows: | |||
| UK stocks | 3,327,026 | 2,765,718 | ||
| Foreign stocks | 2,456,061 | 1,551,814 | ||
| Market value at 5 April 2021 | 5,783,087 | 4,317,532 |
| 2021 | 2020 | ||
|---|---|---|---|
| Amounts | falling due within one year | ||
| Grants payable | 82,500 | 85,000 | |
| Accruals | 11,753 | 12,945 | |
| 94,253 | 97,945 | ||
| Amounts | falling due after more than one year | ||
| Grants payable | 30,000 | ||
| 30,000 |
| GRANTS | ||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Charitable grants made to institutions |
during the period comprise: | |||
| All Saints Church Caldecote | 4,000 | |||
| All Saints Church Houghton | Conquest | 5,000 | ||
| All Saints Church Queens Park Bedford | 10,000 | |||
| Asthma Relief | 1,900 | |||
| Barton Scouts and Guides | 500 | |||
| Bedford Guild House | 4,000 | |||
| Bedfordshire County Scout Council |
5,000 | |||
| Beds Prostate Cancer Support | Group | 400 | ||
| Country Days |
1,000 | |||
| Dallow Development Trust Ltd |
4,000 | |||
| Elizabeth Curtis Riding for the Disabled | 4,000 | |||
| Elstow Abbey Hillersden Hall Project |
7,500 | |||
| Elstow Bunyan Memorial Hall | 10,000 | |||
| Families United Network | 3,000 | |||
| Goldington PCC |
4,000 | |||
| Harrold Centre |
2,000 | |||
| Keech Hospice | 50,000 | |||
| Kids in Action | 10,000 | |||
| Kids Out | 2,160 | |||
| Luton Cultural Services Trust |
5,000 | |||
| MAGPAS Air Ambulance | 1,250 | |||
| Music 24 | 3,000 | |||
| Newlife the Charity for Disabled Children | 3,000 | |||
| Oakley Pre-school Building | 10,000 | |||
| OPDA | 500 | |||
| Reclaim Life | 3,000 | |||
| Riseley Village Hall | 3,000 | |||
| St Andrews Parish Church, Langford |
7,500 | |||
| St Lawrence's Church, Steppingley |
4,000 | |||
| StMary Magdalene Parish Church, Melchbourne |
8,000 | |||
| StMary Magdalene Parish Church, Roxton |
2,000 | |||
| StMary the Virgin, Clophill | 2,000 | |||
| StPeter's Church, Sharnbrook | 5,000 | |||
| StPeter's Church, Wrestlingworth | 7,000 | |||
| Streatley Village Hall Management | 5,000 | |||
| The Artwell Project 229 | 650 | |||
| The Chellongton Centre |
10,000 | |||
| The Kings Arms Project | 2,000 | |||
| The Mintridge Foundation |
2,000 | |||
| The Reading List Foundation | 1,000 | |||
| The Need Project | 4,000 | |||
| Thurleigh Playing Field Association |
2,000 | |||
| Transitions UK |
1,500 | |||
| Warden Abbey Vinyard | 500 | |||
| 135,660 | 85,700 |
| ANALYSIS OFNET ASSETSBYFUND | |||
|---|---|---|---|
| Income | Expendable | 2021 | |
| Fund | Endowment | Total | |
| Fixed asset investments | 269,058 | 5,514,029 | 5,783,087 |
| Current assets |
89,160 | 89,160 | |
| Current liabilities | (94,253) | (94,253) | |
| Creditors more than one year | (30,000) | (30,000) | |
| 233,965 | 5,514,029 | 5,747,994 | |
| Income | Expendable | 2020 | |
| Fund | Endowment | Total | |
| Fixed asset investments | 281,872 | 4,035,660 | 4,317,532 |
| Current assets | 116,102 | 116,102 | |
| Current liabilities | (97,945) | (97,945) | |
| 233,965 | 4,035,660 | 4,335,689 |
| Unrestricted | 2021 | 2020 | ||
| Income fund | at 6April 2020 | 300,029 | 308,150 | |
| Net income | / | (expenditure) for the year |
(66,064) | (8,121) |
| Income fund | at 5April 2021 | 233,965 | 300,029 |
| Restricted | 2021 | 2020 | ||
|---|---|---|---|---|
| Expendable | endowment | fund at 6April 2020 | 4,035,660 | 4,870,685 |
| (Losses) / gains | 1,478,369 | (835,025) | ||
| Expendable | endowment | fund at 5April 2021 | 5,514,029 | 4,035,660 |
| The carrying amount ofthe C |
harity's finan |
cial instruments are as follo |
ws: | |
|---|---|---|---|---|
| 2021 | 2020 | |||
| Financial assets | ||||
| Measured at fair value through | net income | / expenditure: | ||
| Fixed asset listed investments | (note 6) | 5,783,087 | 4,317,532 |