| Page | ||||
|---|---|---|---|---|
| Legal and | administrative | information | ||
| 2-5 | ||||
| Trustees' | annual report |
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| Independent examiner's |
report | |||
| Statement | offinancial | activities | ||
| Balance Sheet | ||||
| 9-13 | ||||
| Notes to the financial | statements |
| Name: | Hele's Educational | Hele's Educational | Trust | Trust | |||||
|---|---|---|---|---|---|---|---|---|---|
| Registration | Number: | 810254 | |||||||
| Principal/Registered | Address: | Education and Learning |
Finance | ||||||
| Room 180 | |||||||||
| Devon County Council |
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| Topsham Road |
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| County Hall |
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| Exeter | |||||||||
| EX24QD | |||||||||
| Trustees: | Ackland —Hilary Ann | ||||||||
| Asvachin - Marina | |||||||||
| Atkinson - Yvonne | |||||||||
| Aves —Susanna | Mary Frances | ||||||||
| Sheldon - Gregory | |||||||||
| Hannaford —Robert |
Mark (Chairperson) | ||||||||
| Leadbetter - Andrew | |||||||||
| Prowse - Percy | |||||||||
| Whitton —Marilyn | Carol | (Vice Chairperson) | |||||||
| Day to day | administration | ||||||||
| Clerk to the | Trustees: | J Hatton | |||||||
| 123Hamlin Lane |
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| Exeter | |||||||||
| Finance | Education and Learning |
Finance Team | |||||||
| Corporate Resources | Directorate | ||||||||
| Room 180 | |||||||||
| Devon County Council |
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| County Hall |
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| Topsham Road |
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| Exeter | |||||||||
| EX24QD | |||||||||
| Bankers: | Lloyds Bank pic | ||||||||
| 234 High Street | |||||||||
| Exeter | |||||||||
| EX4 3NE | |||||||||
| Independent | Examiner: | John Coombs MA |
(Cantab) | FCA | |||||
| Simpkins Edwards |
LLP | ||||||||
| Chartered Accountants |
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| Michael House | |||||||||
| Castle Street | |||||||||
| Exeter | |||||||||
| EX4 3LQ | |||||||||
| Investment | Advisors | CCLA —Investment | Managers | ||||||
| Charles Stanley Investment | Managers |
| Note | Unrestricted | Endowment | 2021 Total | 2020 Total | |||
|---|---|---|---|---|---|---|---|
| Funds | Funds | ||||||
| Income and endowments | from: | ||||||
| Investment income |
67,650 | 67,650 | 77,348 | ||||
| Bank Interest | 6 | 6 | 10 | ||||
| Grants received | 400 | 400 | 800 | ||||
| Sundry Income |
1 | ||||||
| Total | 68,057 | 68,057 | 78,158 | ||||
| Expenditure on: |
|||||||
| Grants | 20,904 | 20,904 | 97,126 | ||||
| Clerks honorarium | and expenses | 1,500 | 1,500 | 3,274 | |||
| Professional fees |
4,920 | 4,920 | 4,920 | ||||
| Investment management |
charges | 7,427 | 7,427 | 7,657 | |||
| Accrued Interest | 126 | 126 | |||||
| Total | 34,877 | 34,877 | 112,977 | ||||
| Surplus/(Deficit) on |
fixed | assets | 33,180 | 33,180 | (34,819) | ||
| Assets (realised) | 3,806 | ||||||
| Assets (unrealised) | 356,282 | 360,088 | (132,885) | ||||
| Net income/(expenditure) | 33,180 | 360,088 | 393,268 | (167,704) | |||
| Transfers | 8,280 | (8,280) | |||||
| Net movement in funds |
41,460 | 351,808 | 393,268 | (167,704) | |||
| Reconciliation offunds |
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| Total funds brought | forward | 72,760 | 2,147,255 | 2,220,015 | 2,387,719 | ||
| Total funds carried | forward | 114,220 | 2,499,063 | 2,613,283 | 2,220,015 |
| 2. Grants Grants made in the year are analysed |
2. Grants Grants made in the year are analysed |
2. Grants Grants made in the year are analysed |
as shown | below:- | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
| To individuals | 500 | ||||||
| Study and support | 812 | 2,050 | |||||
| ICT Equipment | 30 | ||||||
| Activities Week | |||||||
| 812 | 2,580 | ||||||
| Toschools In the Exeter area Reading Support Residential visits Projects Rural Skills/Building Projects Library Bus ICT Equipment Equipment Purchase Library Stock Guided Reading Online Workshop Phonics System Outdoor Equipment Musical Instruments |
6,900 1,500 4000 499 6,000 2,365 |
9,330 4,106 46,753 9,040 957 12,199 7,000 3,431 510 |
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| School Repairs | 620 | ||||||
| Cancelled Residential |
Visits Covid-19 | (Cheques | Issued 2019/20) | (1,365) | |||
| Cancelled Musical Instruments |
(Creditor cancelled | from 2019/20) | (510) | ||||
| 19,389 | 93,946 | ||||||
| To other organisations | |||||||
| Chappel Bequest |
703 | ||||||
| Sponsorship of Farm |
Wise Devon | 600 | |||||
| 703 | 600 | ||||||
| 20,904 | 97,126 |
| invest | ment is valued |
on the published |
market price at 31 | March in eac |
h year. | ||
|---|---|---|---|---|---|---|---|
| Details | Number | Initial Cost | Value | Value | Increase/(decrease) | ||
| March 2021 | March 2020 | in annual | value of | ||||
| investments | |||||||
| 6 | |||||||
| COIF Income | Shares | 7,238,56 | 27,273 | 129,761 | 107,539 | 22,222 | |
| COIF Charity | Investment | 56,309,06 | 555,088 | 1,009,419 | 836,550 | 172,869 | |
| COIF Global Equity | 64,837,84 | 82,049 | 159,345 | 121,713 | 37,632 | ||
| COIF Property | 138,977,59 | 249,456 | 156,864 | 160,408 | (3,544) | ||
| Total COIF | 267,363,15 | 913,866 | 1,455,389 | 1,226,210 | 229,179 | ||
| Charles Stanley Cash Balance | 1328 | 2292 | (964) | ||||
| Total Charles | Stanley Porffolio | 866,208 | 1,042,346 | 918,753 | 123593 | ||
| Total Investments | 1,780,074 | 2,499,063 | 2,147,255 | 351 808 |
| Chq. Ref. | School Detail | Grant Detail | Chq. Total |
|---|---|---|---|
| 000522 | Ted Wragg MAT |
Laptop for RR 8 EW | E1,000 |
| 000520 | Stoke Hill Infants | 11 iPads + Guided Reading Books | E3,499 |