| Statement of Fina | ncial | Activity for the year | ended 31st Decembe | r 2020 | ||
|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | |||||
| Fund 2020 | Fund 2019 | |||||
| Note | ||||||
| Income | ||||||
| Donations - capital |
2457.87 | 2171,295.73 | ||||
| Scrip dividends | 1,009.45 | 0.00 | ||||
| Investment income |
||||||
| Gross dividends | 100,122.60 | 112,115.53 | ||||
| Gross interest | 1,322.20 | 1,322.20 | ||||
| Gross interest | 140.34 | 610.49 | ||||
| Gift Aid Payments | 170,000.00 | 172,750.00 | ||||
| Income tax recoverable | 42,500.00 | 43,187.50 | ||||
| Total income | f315,552.46 | F501,281.45 | ||||
| Expenditure | ||||||
| Raising Funds |
||||||
| Investment management |
costs | F1,200.00 | E1,200.00 | |||
| Charitable activities |
330,934.60 | 331,515.60 | ||||
| Total Expenditure | 6332,134.60 | F332,715.60 | ||||
| Net income/(expenditure) | before | E (16,582.14) | E | 168,565.85 | ||
| gains and losses | on investments | |||||
| Net gains/(losses) | on | |||||
| investment assets |
(404,181.89) | 341,380.67 | ||||
| Net Movement in Funds |
(420,764.03) | 509,946.52 | ||||
| Balance brought forward |
at | |||||
| 1st January 2020 | 3,059,648.52 | 2,549,702.00 | ||||
| Funds carried forward at | ||||||
| 31stDecember 2020 | F2„638,884.49 | f3,059,648.52 |
| Balance Sheet at 31 | stDecember 2020 | |||
|---|---|---|---|---|
| Note | ||||
| 2020 | 2019 | |||
| Fixed Assets | ||||
| UK Quoted Investments |
K2,316,474.99 | E2,696,600.80 | ||
| at current market value |
||||
| Current Assets | ||||
| Debtor | 2.83 | 80.89 | ||
| Cash at Bank | 305,594.03 | 319,474.91 | ||
| Cash with Broker | 18,328.24 | 45,007.52 | ||
| 323,925.10 | 364,563.32 | |||
| Liabilities | ||||
| Creditors: amounts | falling due | |||
| within one year | 1,515.60 | 1,515.60 | ||
| Net Current Assets | 322,409.50 | 363,047.72 | ||
| Total Assets less Current Liabilities | E2,638,884.49 | F3,059,648.52 | ||
| UNRESTRICTED FUND | E2,638,884.49 | F3,059,648.52 |
| The followi | ng gran |
ts were made in the year, all of them |
being made to institutions: |
|---|---|---|---|
| 2020 | |||
| Blindness | |||
| SeeAbility | 610,000 | ||
| ~Cerere/E | |||
| The Brendoncare | Foundation | 9,000 | |
| Dementia | Support | 10,000 | |
| Revi talise | Respite | Holidays | 5,000 |
| Rainbow Trust | 5,000 | ||
| Cttcrchee | |||
| St. Peter's | Church, | Acton Green | 2,500 |
| ~Dis led |
|||
| Challengers | 8,000 | ||
| Lord's Taverners | 5,000 | ||
| WheelPower | 7,500 |
| Whizz-Kidz | 8,000 | |||||
| 2020 | 2019 | |||||
| RHS Wisley | 5,000 | |||||
| RSPB | 6,500 | |||||
| South Downs National | Park Trust | 8,000 | ||||
| ~Hs ICBM |
||||||
| The Rosemary Foundation |
7,000 | |||||
| The Rowans Hospice | 7,000 | |||||
| Wessex Children's Hospice Trust, |
Naomi House | 7,000 | ||||
| Medi I ondition research/hos |
itals | |||||
| Brain Tumour Support |
5,000 | |||||
| Cardiac Rehab | 5,000 | |||||
| CLIC Sargent (Southampton | Hospital) | 5,000 | ||||
| Cystic Fibrosis Holiday | Fund | 8,000 | ||||
| Dystonia UK |
2,500 | |||||
| Hampshire 8 isle of Wight |
Air Ambulance | 5,000 | ||||
| Huntingdon's Disease Association |
5,000 | |||||
| London's Air Ambulance |
10,000 | |||||
| Parkinson's UK |
7,000 | |||||
| Penny Brohn Cancer Care |
22,000 | |||||
| Southampton Hospital |
Charity | 4,675 | ||||
| Victoria's Promise | 5,000 | |||||
| Men~tal han i~a |
||||||
| Apuldram Centre |
8,000 | |||||
| Country Trust |
4,620 | |||||
| Home Farm Trust | 73,024 | |||||
| Minstead Trust |
5,000 | |||||
| New Forest Mencap | 4,100 | |||||
| Oasis Down to Earth Farm | 5,000 | |||||
| Tuppenny Barn |
5,000 | |||||
| ~so s | ||||||
| The Golf Foundation | 25,000 | |||||
| Overs aid/in national |
||||||
| Fundatia Adept Limited |
5,000 | |||||
| F329,419.00 | 2330,000.00 | |||||
| Governance costs |
1,515.60 | 1,515.60 | ||||
| Charitable activities expenditure |
f330,934.60 | 2331,515.60 | ||||
| 3.Governance Costs |
| 2020 | 2019 | ||
|---|---|---|---|
| Legalfees | 2600.00 | F600.00 | |
| Accountancy | fees | 915.60 | 915.60 |
| E1,515.60 | E1,515.60 |
| UNRESTRICTED FUND | ||
|---|---|---|
| Listed | Listed | |
| investments | investments | |
| MARKET VALUE | 2020 | 2019 |
| Market Value at 1st January 2020 | E2,696,600.80 | F2,186,842.02 |
| Additions to investments at cost |
24,056.08 | 195,580.38 |
| Disposals at carrying value |
0.00 | (18,965.00) |
| Net Gain/(loss) on revaluation |
(404,181.89) | 333,143.40 |
| At 31st December 2020 | E2,316,474.99 | E2,696,600.80 |
| Investments re resentin |
more than 5%ofthe total | Market Value | ~Percenta e |
||
|---|---|---|---|---|---|
| 70,000 The Mercantile Investment Trust PLC Ord 2.5p 13,606 Royal Dutch Shell PLC BOrd 60.07 125,000 Witan Investment Trust PLC Ord 5p |
F173,250.00 F178,582.92 F288,125.00 |
7.48% 7.71% 12.44% |
|||
| 5. Net Current Assets | |||||
| CAPITAL | INCOME | TOTAL | 2019 | ||
| At 1st January 2020 increase/(decrease) |
f33,969.23 | 329,078.49 | 363,047.72 (40,638.22) |
f362,859.98 187.74 |
|
| Capital | (23,788.76) | ||||
| Income | (16,849.46) | ||||
| At 31st December 2020 | 210,180.47 | 312,229.03 | 322,409.50 | F363,047.72 |
| MOVEMENT IN FUNDS |
|||||
|---|---|---|---|---|---|
| CAPITAL | INCOME | TOTAL 2020 | TOTAL 2019 | ||
| At 1st January 2020 | E2,730,570.03 | 329,078.49 | 3,059,648.52 | F2,549,702.00 | |
| Net income/(expenditure) | 267.32 | (16,849.46) | (16,582.14) | 168,565.85 | |
| Gains/(losses) on investment |
assets | (404,181.89) | (404,181.89) | 341,380.67 | |
| At 31st December 2020 | E2,326,655.46 | 312,229.03 | 2,638,884.49 | E3,059,648.52 |
| 8. Reconciliation of net |
movement | in fund | s to net ca | shflow from o eratin | activities | |
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| E | f | |||||
| Net movement in funds |
(420,764) | 509,947 | ||||
| Removal of bank interest |
& dividends | shown | in statement | of cashflows | (101,585) | (114,048) |
| Deduct (gains)/add back losses in investments |
404,182 | (341,381) | ||||
| (Increase)/decrease in debtors |
78 | (2) | ||||
| Increase in creditors |
30 | |||||
| Net cash used in operating |
activities | (118,089) | 54,546 |