2022-04-05-accounts

			Page
Legal and	Administrative	Information
Trustees'	Report		2to3
Statement	ofTrustees'	Responsibilities
Report of	the Independent Examiner to the Trustees
Statement	of Financial	Activities
Balance Sheet
Notes to the Financial Statements			8to 1B

			Note	2022	2021
				E	f
					(unrestricted)
INCOME
Investment income				74,340	72,605
Other income - insurance		claim			1,586
Total income				74,340	74,191
EXPENDITURE
Raising funds			3	10,256	20,648
Charitable activities			4	43,500	41,690
Governance and support costs			5	9,860	14,174
Total expenditure				63,616	76,512
Net income/(expenditure) on investments		before gains		10,724	(2,321)
Net gains on investments				256,920	56,517
Net income				267,644	54,196
Net movement in funds				267,644	54,196
Reconciliation offunds				2,532,142	2,477,946
Total funds brought	forward
Total funds carried	forward			2,799,786	2,532,142
There were no movements		on restricted	funds during the year

					2022	2021
			Note		6	6
Fixed assets
Tangible assets			9		80,102	80,102
Investment properties			11		2,295,000	2,105,000
Other fixed asset investments			12		426,959	357,264
Total fixed assets					2,802,061	2,542,366
Current Assets
Debtors			13		16,311	16,311
Cash at bank and in	hand				11,418	2,565
Total current assets					27,729	18,876
Creditors - amounts one year	falling due	within	14		(30,004)	(29,100)
Net Current (liabilities)					(2,275)	(10,224)
Total net assets					2,799,786	2,532,142
The funds ofthe charity
Total charity funds -	unrestricted	funds			2,799,786	2,532,142
Signed on behalf of	the Board ofTrustees.
Mrs Muriel Beck				Mr	zh an	Sepahzad
Treasurer and Trustee				Trustee

2. Investm	ent Income
						2022		2021
								E
Rental income from investment			properties			64,745		61,767
Dividends	received from listed		investments			7,340		8,984
Interest received and other		investment		income		2	255	1854
						74	340	72 605
Investment	income arose as follows:
Investment	assets situated	in the United		Kingdom		72,674		70,838
Investment	assets situated	outside the		United	Kingdom	1	666	~1767
						74	340	~72 605
3. Costs of raising funds
						2022		2021
						E
Property repairs, maintenance			and insurance			10	256	20 648
4. Charitable Activities
						2022		2021
						E		E
Grants paid	to individuals					43,000		41,690
Other charitable expenditure							500
						43	500	41690

					2022	2021
					E	f
Legal fees					980
Independent	examiner's			fees	5,400	6,000
Travel, subsistence,			motor and general
administrative		expenses.			3480	8~174
					9860	14174
6. Net income
The net income		is stated		after charging:
					2022	2021
					f	E
Independent	examiner's			fees	~5400	6000

			2022	2021
			f	f
Travelling,	administrative	and property
maintenance expenses			~3480	8 174
Number of	trustees to whom expenses were reimbursed		1

			2022	2021
			f	f
Unrealised	gains on revaluation	of
listed investments Unrealised gains on revaluation		ofinvestment	66,922	56,517
properties			~189998
Total gains			~256 920	56517

			Office
	Musical		equipment
	instruments	Motor	fixtures and
	(Note 10) f	Vehicles f	fittings f	Total E
Cost or valuation
At 6 April 2021	80,100	7,650	3,897	91,647
At 5April 2022	80,100	7,650	3,897	91,647
Depreciation
At 6 April 2021		7,648	3,897	11,545
At 5 April 2022		7,648	3,897	11,545
Net book value
At 5 April 2022	80,100			80,102
At 5 April 2021	80,100			80,102
Historical cost
At 5 April 2022	51,979			51,981
At 5 April 2021	51,979			51,981

						Fair value		Historical	cost
					At 5		At 5	At 5	At 5
					April		April	April	April
					2022		2021	2022	2021
Cello	by	Charles	Adolphe	Maucotel,
made	in	1847			80,000		80,000	51,888	51,888
Flute						100	100	91	91
					80,100		80,100	51,979	51,979

11.Investment Properties
	Freehold
	and
	leasehold
	land and
	buildings
	f
Fair value
At 5April 2022	2295 OM
At 5 April 2021	2 1D5 ODO
Historical cost
At 5 April 2022	1867921
At 5 April 2021	1867921

			Fair	value	Historical	cost
Name of property			At 5	At 5	At 5	At 5
			April	April	April	April
			2022	2021	2022	2021
Freehold properties:
57 Bowens Wood, Addington, Croydon CRO 9LQ			410,000	380,000	240,525	240,525
1910sward, Court Wood Croydon CRO 9HF		Lane,	390,000	350,000	346,970	346,970
143Middlefields, Croydon,		CRO 9U	390,000	350,000	357,080	357,080
5 Fairacres, Bardolph Croydon CR09JY	Avenue,		390,000	350,000	382,487	382,487
12 Fairacres, Bardolph Croydon, CR09JY	Avenue,		390,000	350,000	370,298	370,298
Leasehold property:
12Holmbury Grove, Addington, Surrey, CRO 9AN			325,000	325,000	170,561	170,561
			E2,295,000	E2,105,000	E1,867,921	E1,867,921

12.Fixed a	sse	t investme	nt
					2022	2021
					E	E
Market value		at 6 April	2021		357,264	313,334
Additions					2,773	2,413
Disposals						(15,000)
Net unrealised		investment gains			66 922	56517
Market value		at 5 April	2022		4~26 959	~357 264
Historical cost		at 5 April 2022			296 750	293977
Listed investments are represented				by:
Equity shares					95,954	73,195
Investment	trusts and unit trusts				~331005	284 069
Total					426959	357 264
					2022	2021
					E	E
Fixed asset	investments		are held as follows:
Investments	held within		the UK		204,785	203,678
Investments	held outside the UK				~91965	~90299
Total					296750	~293 977

				2022	2021
				E
Tax Credit Relief on investment			income	1,311	1311
Other debtors				15000	15000
				16311	16311
14.Creditors: amounts		falling due within one year
				2022	2021
				E	E
Accrued	expenses			5,400	6,000
Amount	owed to trustee	Mrs M C Beck (Note 15)		24 604	~23 100
				30004	29 100

wh	o are related parties	ofthe Fund, being clos	e family me	mbers	oftrustees of	the Fund.
		Trustees	Relationshi	p
	Name	connected with	to trustee		2022	2021
					f	6
K	Sepahzad	M Sepahzad	Daughter			15,690
J	R Hewitt	M Sepahzad	Grandson		11,000
A	Kirk	S Kirk	Son
		M C Beck	Grandson			2,000
8	Kirk Emes	S Kirk	Son		6,000	6,500
		M C Beck	Grandson
A	Atkinson	SWhitebloom	Son		10,000
A	Atkinson	5Whitebloom	Son		6,000
F	Atkinson	5Whitebloom	Son		5,000
					38,000	24,190