| Year ended 5April | 2021 | |
|---|---|---|
| Page | ||
| Report ofthe Trustees | 2-6 | |
| Independent Fxaminer's |
Report | |
| Statement of Financial | Activities | |
| Balance Sheet | ||
| Notes to the Accounts | 10-16 |
| Mrs Margaret Elizabet |
h Jane Webber | h Jane Webber | |
|---|---|---|---|
| The following amounts |
have been added to the settlement: | ||
| 23September 1997 | 650,000 | ||
| 11 December 1997 | f14,935 | ||
| 12April 2000 | 6776 Lucent Tech Inc | shares | |
| 2April 2002 | 980,000 | ||
| 7 May 2015(Mrs EA | Brougham) | 610,000 | |
| 9June 2015 | 6150,000 | ||
| 10June 2015 | 19,000The European | Inv Tr Ord 25p | |
| 29 March 2017 | 2,000 Electra Private Equity 25p Ord | ||
| 29 March 2017 | 6,000Diageo 28 101/108p Ord | ||
| 29 March 2017 | 43,000 Fidelity Special | Values 5p Ord | |
| 5April 2017(Mrs M EJWebber) | 5160,000 | ||
| 5April 2017 (Mrs M EJWebber) |
5322,488 2,000shares Private Equity Ord 25p |
in Electra shares, 6,000 |
|
| shares in Diageo Ord 28p 101/108p |
|||
| shares and 43,000shares in Fidelity |
|||
| Values Ord 5p shares | |||
| 28 August 2018 (Mrs | M EJWebber) 6400,233 | ||
| 28 August 2018(Mrs | IVI EJWebber) 8115,174 | ||
| 3January 2019(Mrs M EJWebber) 630,000 |
| Trustees: | Mrs M EJWebber | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mr JAWWebber | |||||||||||||
| Mr M D R Shapley | |||||||||||||
| Principal Address: | 1 King's Arms Yard | ||||||||||||
| London, EC2R 7AF | |||||||||||||
| Trustees Selection Method: | Existing Trustees have power to appoint | new | trustees. | ||||||||||
| Appointment | and training | of | |||||||||||
| Trustees: | There are no plans to appoint further Trustees. No formal training |
is given to | |||||||||||
| new Trustees but they are briefed thoroughly |
as to the | charity's | activities. | ||||||||||
| All expenditure is fully approved by the board of Trustees |
before | being | |||||||||||
| undertaken. | |||||||||||||
| Investment | Advisors: | Alder Investment Management Limited |
|||||||||||
| 1 King's Arms Yard | |||||||||||||
| London, EC2R 7AF | |||||||||||||
| Accountants: | Alder Asset Management Limited |
||||||||||||
| 1 King's Arms Yard | |||||||||||||
| London, EC2R 7AF | |||||||||||||
| Independent | Examiners". | Price Bailey LLP | |||||||||||
| 24 Old Bond Street | |||||||||||||
| London | |||||||||||||
| W1S4AP | |||||||||||||
| Reserves Policy: | The Trustees distribute the majority of the investment |
income | during | the | |||||||||
| year. On occasions the trustees will reduce the overall fund once |
the income | ||||||||||||
| has been exhausted forthe year for further |
distributions. | At 5April 2021 total | |||||||||||
| reserves were 62,273,931 (202061,623,231). | |||||||||||||
| Going concern: | The trustees have reviewed the current |
financial | headroom | as well as | |||||||||
| expected future cash flows and believe the | charity can | continue | for at | least | |||||||||
| 12months from the date of signing ofthese |
financial | statements. | No | further | |||||||||
| disclosures relating to the trusts ability to |
continue as a | going concern need | |||||||||||
| to be made in the financial statements. |
|||||||||||||
| Grant Making | Policy: | Trustees joint decision. | |||||||||||
| Investments | Selection Policy: | A balanced return from income and capital growth. |
|||||||||||
| Risk management: | The Trustees have examined the principal |
areas of | the | charity's | operations | ||||||||
| and considered the major risks faced in each |
ofthose areas. In | the opinion | |||||||||||
| of the Trustees the charity has established |
the | resour'ces | and | review | |||||||||
| systems which, under normal circumstances, |
should | allow these | risks to be | ||||||||||
| mitigated to an acceptable level in its day |
to | day operations. |
| Unrestricted | Endowment | 2D21 | 2020 | ||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Total | Total | ||||
| 6 | 6 | E | 6 | ||||
| Note | |||||||
| Income: | |||||||
| Investments | 50,018 | 50,018 | 62,599 | ||||
| Donations and |
legacies | 125,000 | 125,000 | 37,500 | |||
| Total income | 175,018 | 175,018 | 1D0,099 | ||||
| Expenditure: | |||||||
| Charitable activities |
49,000 | 49,000 | 41,000 | ||||
| Support costs | 2,488 | 2,488 | 2,548 | ||||
| Raising funds | 3,928 | 3,928 | 4,196 | ||||
| Total expenditure | 55,416 | 55,416 | 47,744 | ||||
| Net income | 119,602 | 119,602 | 52,355 | ||||
| Net (losses)/gains | on | ||||||
| investments | 531,098 | 531,098 | (324,369) | ||||
| Transfers | (36,283) | 36,283 | |||||
| Net movement | in | funds | 83,319 | 567,381 | 650,700 | (272,014) | |
| Reconciliation | of | funds: | 10 | ||||
| Total funds brought | forward | 18,227 | 1,605,004 | 1,623,231 | 1,895,245 | ||
| Total funds carried forward | 101,546 | 2,172,385 | 2,273,931 | 1,623,231 |
| THE GOOD LUCK | THE GOOD LUCK | CHARITABLE | TRUST | |||
|---|---|---|---|---|---|---|
| Balance Sheet | ||||||
| At 5 April | 2021 | |||||
| 2021 | 2020 | |||||
| 6 | k | |||||
| Note | ||||||
| Fixed Assets | ||||||
| Investments | 2,172,385 | 1,605,004 | ||||
| Current Assets | ||||||
| Cash at bank | 70,828 | 12,455 | ||||
| Debtors | 32,500 | 7,500 | ||||
| Current Liabilities |
||||||
| Creditors | ||||||
| (1,782) | (1,728) | |||||
| Net Current | Assets | 101,546 | 18,227 | |||
| Nst Assets | 2,273,931 | 1,623,231 | ||||
| Funds ofthe Charity | 10 | |||||
| Unrestricted | funds | 101,546 | 18,227 | |||
| Endowment | funds | 2,172,385 | 1,605,004 | |||
| 2,273,931 | 1,623,231 |
| 2. Income from Investments | 2. Income from Investments | 2. Income from Investments | 2. Income from Investments | 2021 | 2020 | ||
|---|---|---|---|---|---|---|---|
| E | E | ||||||
| Dividend income Bank interest |
50,004 14 |
62,280 319 |
|||||
| 50,018 | 62,599 | ||||||
| All relate | to unrestricted | funds | in both years | ||||
| 3. Donations and |
Legacies | 2021 E |
2020 E |
||||
| Monetary | donations | (including | Gift Aid) | 125,000 | 37,500 | ||
| 125,000 | 37,500 | ||||||
| AII relate | to unrestdicted | funds | in both years | ||||
| 4. Charitable Activities |
|||||||
| 2021 | 2020 | ||||||
| E | E | ||||||
| Grants to institutions (note 6) Support costs -governance costs |
49,000 2,488 |
41,000 2,548 |
|||||
| 51,488 | 43,548 |
| 5. Raising | funds | 2021 E |
2020 E |
|
|---|---|---|---|---|
| Investment | management | costs | 3,928 | 4,196 |
| 6. Grants to Institutions | 2021 | 2020 | ||
|---|---|---|---|---|
| 6 | 5 | |||
| Finchcocks | 5,000 | 5,000 | ||
| Parkinson's disease Society |
5,000 | 5,000 | ||
| The Bromley & District Talking | Newspaper | Association | 3,000 | 3,000 |
| Alzheimer's Research Trust |
5,000 | 5,000 | ||
| Sierra Leone Cancer Charity (VIJI) | 2,000 | |||
| Embrace the Middle East | 1,000 | 1,000 | ||
| Everyone Matters |
5,000 | 5,000 | ||
| International Liberty Association |
5,000 | 2,000 | ||
| Shelter | 2,000 | 2,000 | ||
| Robes Project | 2,000 | 2,000 | ||
| Bromley Cats Protection League |
6,000 | |||
| WATCH (Women and the Church) | 3,000 | |||
| RNLI | 4,000 | 4,000 | ||
| Anglican Society for the Welfare ofAnimals |
1,000 | 1,000 | ||
| The David Nott Foundation | 1,000 | 'l,000 | ||
| Four Paws | 1,000 | 1,000 | ||
| Hogarth Charitable Trust |
1,000 | 1,000 | ||
| 49,000 | 41„000 | |||
| 7. Fixed Asset Investments | 2021 | 2020 | ||
| 6 | 6 | |||
| At market value as at 5 April | 2,172,385 | 1,605,004 | ||
| Analysis of investments: | 2021 5 |
2020 6 |
||
| Brought forward Additions at cost |
1,605,004 518,596 |
1,762,071 32'I,590 |
||
| Sales proceeds | (482,313) | (154,288) | ||
| Realised and unrealised (loss) |
on investments | 531,098 | (324,369) | |
| Carried forward | 2,172,385 | 1,605,004 | ||
| 2021 | 2020 | |||
| 8 | 8 | |||
| Historical cost | 1,935,681 | 1,826,519 |
| 11.Analysis ofNet Assets between | Funds | ||
|---|---|---|---|
| Unrestricted | Endowment | ||
| Funds | Funds | Total | |
| 2021 | F | 8 | 5 |
| Investments | 2,172,385 | 2,172,385 | |
| Debtors | 32,500 | 32,500 | |
| Creditors | (1,782) | (1,782) | |
| Bank | 70,828 | 70,828 | |
| Total Net Assets | 101,546 | 2,172,385 | 2,273,931 |
| Unrestricted | Endowment | ||
| 2020 | Funds | Funds | Total |
| 5 | 8 | ||
| Investments | 1,605,004 | 1,605,004 | |
| Debtors | 7,500 | 7,500 | |
| Creditors | (1,728) | (1,728) | |
| Bank | 12,455 | 12,455 | |
| Total Net Assets | 18,227 | 1,605,004 | 1,623,231 |