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2022-04-05-accounts
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Page |
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| Report ofthe Trustees |
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1 |
to |
2 |
Independent
Examiner's |
Report |
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| Statement ofFinancial |
Activities |
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| Balance Sheet |
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| Notes to the Financial Statements |
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6 |
to |
9 |
| Detailed Statement ofFinancial Activities |
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10 |
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|
Statement ofFinancial Activities |
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for the Year Ended 5th A ril 2022 |
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2022 |
2021 |
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Unrestricted |
Total |
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|
fund |
funds |
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|
Notes |
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| INCOME |
AND ENDOWMENTS |
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FROM |
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| Investment |
income |
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|
52,951 |
59,508 |
| EXPENDITURE ON |
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|
|
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|
| Raising funds |
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|
|
743 |
767 |
| Charitable |
activities |
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|
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| Grants |
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|
55,000 |
40,000 |
| Other |
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|
302 |
3,879 |
| Total |
|
|
|
|
56,045 |
44,646 |
| Net gains!(losses) on |
|
investments |
|
|
(202,804) |
345,178 |
| NET INCOME/(EXPENDITURE) |
|
|
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|
(205,898) |
360,040 |
| RECONCILIATION |
|
OF FUNDS |
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| Total funds |
brought |
forward |
|
|
2,119,169 |
1,759,129 |
| TOTAL FUNDS CARRIED FORWARD |
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|
|
1,913,271 |
2,119,169 |
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Balance |
Sheet |
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~5th A |
il 2022 |
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2022 |
2021 |
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Unrestricted |
Total |
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|
fund |
funds |
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|
Notes |
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| FIXEDASSETS |
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| Investments |
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|
1,861,466 |
2,064,270 |
| CURRENT |
ASSETS |
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| Cash at bank |
|
|
|
|
51,805 |
54,899 |
| NET CURRENT ASSETS |
|
|
|
|
51,805 |
54,899 |
| TOTAL ASSETSLESSCURRENT LIABILITIES |
|
|
|
|
1,913,271 |
2,119,169 |
| NET ASSETS |
|
|
|
|
1,913,271 |
2,119,169 |
| FUNDS |
|
|
|
|
|
|
| Unrestricted |
funds |
|
|
|
1,913,271 |
2,119,169 |
| TOTAL FUNDS |
|
|
|
|
1,913,271 |
2,119,169 |
|
|
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|
|
2022 |
2021 |
| Support costs |
|
|
|
|
743 |
767 |
| GRANTS PAYABLE |
|
|
|
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|
|
|
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|
2022 |
2021 |
| Grants |
|
|
|
|
55,000 |
40,000 |
| The total grants paid to institutions |
|
|
during |
the year was as follows: |
|
|
|
|
|
|
|
2022 |
2021 |
| South West Scotland Piping &Drumming |
|
|
|
Academy |
35,000 |
30,000 |
Wynifred
Keswick |
Memorial |
Trust |
|
|
10,000 |
10,000 |
| Game & Wildlife |
Conservation |
Trust |
|
|
10,000 |
|
|
|
|
|
|
55,000 |
40,000 |
| There were |
no trustees' expenses paid for the year ended 5th April 2022 nor for the year ended 5th April 2021. |
no trustees' expenses paid for the year ended 5th April 2022 nor for the year ended 5th April 2021. |
|
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
|
|
|
|
|
|
Unrestricted |
|
|
|
fund |
| INCOME |
AND ENDOWMENTS |
FROM |
|
| Investment |
income |
|
59,508 |
| EXPENDITURE ON |
|
|
|
| Raising f'unds |
|
|
767 |
| Charitable |
activities |
|
|
| Grants |
|
|
40,000 |
| Other |
|
|
3,879 |
| Total |
|
|
44,646 |
| Net gains on investments |
|
|
345, 178 |
| NET INCOME |
|
|
360,040 |
| COMPARATIVES |
FORTHE STATEMENT OF FINANCIAL ACTIVITI |
ES - continued |
|
|
Unrestricted |
|
|
fund |
| RECONCILIATION |
OF FUNDS |
|
| Total funds brought |
forward |
1,759,129 |
| TOTAL FUNDS CARRIED FORWARD |
|
2,119,169 |
| FIXEDASSET INVESTMENTS |
|
|
|
|
Listed |
|
|
investments |
| MARKET VALUE |
|
|
| At 6th April 2021 |
|
2,064,270 |
| Revaluations |
|
(202,804) |
| At 5th April 2022 |
|
1,861,466 |
| NET BOOK VALUE |
|
|
| At 5th April 2022 |
|
1,861,466 |
| At 5th April 2021 |
|
2,064,270 |
| MOVE |
MEN |
T IN FUNDS |
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|
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|
Net |
|
|
|
|
|
|
movement |
At |
|
|
|
|
At 6.4.21 |
in funds |
5.4.22 |
| Unrestricted |
|
funds |
|
|
|
|
| General |
fund |
|
|
2,119,169 |
(205,898) |
1,913,271 |
| TOTAL |
FUNDS |
|
|
2,119,169 |
(205,898) |
1,913,271 |
| Net movement |
|
in funds, included |
in the above are as follows: |
|
|
|
|
|
|
Incoming |
Resources |
Gains and |
Movement |
|
|
|
resources |
expended |
losses |
in funds |
| Unrestricted |
|
funds |
|
|
|
|
| General |
fund |
|
52,95] |
(56,045) |
(202,804) |
(205,898) |
| TOTAL |
FUNDS |
|
52,951 |
(56,045) |
(202,804) |
(205,898) |
|
|
|
|
|
|
|
Net |
|
|
|
|
|
|
|
|
movement |
At |
|
|
|
|
|
|
At 6.4.20 |
in funds |
5.4.21 |
| Unrestricted |
|
funds |
|
|
|
|
|
|
| General |
fund |
|
|
|
|
1,759,129 |
360,040 |
2,119,169 |
| TOTAL |
FUNDS |
|
|
|
|
1,759,129 |
360,040 |
2,119,169 |
| Comparative |
|
net movement |
in funds, |
included |
in the above are as follows: |
|
|
|
|
|
|
|
|
Incoming |
Resources |
Gains and |
Movement |
|
|
|
|
|
resources |
expended |
losses |
in funds |
| Unrestricted |
|
funds |
|
|
|
|
|
|
| General |
fund |
|
|
|
59,508 |
(44,646) |
345,178 |
360,040 |
| TOTAL |
FUNDS |
|
|
|
59,508 |
(44,646) |
345,178 |
360,040 |
|
|
The Scotbel |
e Charitable |
Trust |
|
|
|
|
Detailed Statement ofFinancial Activities |
|
|
|
|
|
|
for the Year |
Ended 5th A |
ril 2022 |
|
|
|
|
|
|
|
2022 |
2021 |
| INCOME AND ENDOWMENTS |
|
|
|
|
|
|
Investment
income |
|
|
|
|
|
|
Dividend
income |
|
|
|
|
52,951 |
59,508 |
Total incoming
resources |
|
|
|
|
52,951 |
59,508 |
| EXPENDITURE |
|
|
|
|
|
|
Charitable
activities |
|
|
|
|
|
|
| Grants to institutions |
|
|
|
|
55,000 |
40,000 |
| Support costs |
|
|
|
|
|
|
Governance
costs |
|
|
|
|
|
|
| Accountancy |
|
|
|
|
1,140 |
1,140 |
Investment
manager |
fees |
|
|
|
743 |
767 |
| Exchange rate loss |
|
|
|
|
|
2,739 |
| Exchange Rate Gain |
|
|
|
|
(838) |
|
|
|
|
|
|
1,045 |
4,646 |
| Total resources expended |
|
|
|
|
56,045 |
44,646 |
| Net (expenditure)/income |
|
|
|
|
(3,094) |
14,862 |