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|ACCOUNTS|Report ofthe|trustees|Pages|2-5|
|---|---|---|---|---|
||Independent|auditor's report to the trustees|Pages|6-9|
||Statement of|financial activities|Page|10|
||Balauce sheet||Page|11|
||Statement of|cashflows|Page|12|
||Notes to the financial statements||Pages|13-19|
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|2021|2020|
|Income and endowments|from:|||||
|Donations and grants||(3)|487,213|487,213|536,329|
|Investment
income and|interest||||31|
|Total income|||487,213|487,213|536,360|
|Expenditure
on:||||||
|Charitable
activities||(4)|109,506|109506|8,172|
|Other expenditure
/(income)||(5)|34,651|34,651|57,670|
|Total expenditure|||144,157|144,157|65,842|
|Net income/(expenditure)|||343,056|343,056|470,518|
|Net gains on disposal of|investments||||221,220|
|Net movements
in funds|||343,056|343,056|691,738|
|Reconciliation offunds:||||||
|Total funds brought forward|||8,680,543|8,680,543|7,988,805|
|Total funds carried forward|||E9,023,599|f.9,023,599|F.8,680,543|
|BALANCE SHEET AT5APRIL|2021||||
|---|---|---|---|---|
|||2021||2020|
|Fixed assets|||||
|Investments||9,603,957||9,603,957|
|Current assets|||||
|Cash at bank and on deposit||506,689|318,957||
|Creditors: amounts falling due|||||
|within one year|(8)|(87,047)|(242,371)||
|Net current (liabilities)/assets||419,642||76,586|
|Net assets less current IiabiTities||10,023,599||9,680,543|
|Creditors: amounts falling due|||||
|after one year|(9)|(1,000,000)|(1,000,000)||
|Net assets||E9,023,599|E|8,680,543|
|Funds|||||
|Restricted|(1)||||
|Unrestricted|(1)|9,023599||8,680,543|
|Total funds||9,023,599|68,680443||
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||||Notes|2021|2020|
|---|---|---|---|---|---|
|Cash flows from operating
activities||||||
|Net cash provided by operating
acdvities||||187,732|302,645|
|Cash flows froxn investing
activities||||||
|Dividends
and interest from investments|||||31|
|Payments to acquire investments|||||(1,168,106)|
|Proceeds on disposl ofinvestments|||||1,188,379|
|Net cash used in investing
activities|||||9,696|
|Change in cash and cash equivalents|in the year|||187,732|292,948|
|Cash and cash equivalents
at the beginning||ofthe||318.957|26;009|
|year||||||
|Cash and cash equivalents
at the end|ofthe|year|16|506,689|318,957|
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|3.|Incomin
resources - donations|Incomin
resources - donations|||2021|2020|
|---|---|---|---|---|---|---|
||Donations
from related entities||||f487,213|L536,329|
|4.|Direct charitable. ex enditure||||||
||||||2021|2~00|
||Imperial college London||||50,000||
||The PCC Ofthe Charltons-St|Mary the virgin Church|||27,000||
||Aurora Humanatarian
Aid||||15,234||
||NHS Support during Covid-19||||10,651||
||Mercy and Health||||5,621||
||Urology Cancer Research and|Education|||1,000||
||Future Talent|||||7,922|
||Grant ofless than f5,000|||||250|
||||||f,
'109,506|E8,172|
|5.|Other ex endituie||||2021|2020|
||Independent
auditor's
report||||3,676|2,400|
||Financial charges and interest||||55|1,822|
||Printing, postage and stationery||||150|4,967|
||Foreign exchange losses||||30,770|48,481|
||||||E34,651|657,670|
|6.|Avera
enumberof
em lo ees||||||
||During the year, the Foundation||had no.employees|(2020:nil).|||
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|||Investment
in a|Other||
|---|---|---|---|---|
|||Private company|Investments|Total|
||||E||
|Cost at 6April 2020||350,000|9,253,957|9,603,957|
|Addition ofunlisted investment|at cost||||
|Disposal proceeds|||||
|Unrealised
net gain|||||
|Cost at5April 2021||E350,000|L9,253,957|E9,603,957|
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|THE YEA|R ENDE|D 5AP|RIL 2021 CONTINUED|||
|---|---|---|---|---|---|
|Credi ors:|amounts|fallin|due|||
|with ha||||2021|2020|
|Accruals||||2.371|2.371|
|Other creditors||||24,676||
|Grant commitments||||60,000|240,000|
|||||687,047|f,'242371|
|Creditors:|amounts|fallin|due|||
|hatt r
a|ar|||2021|2020|
|Grant commitments||due greater than five years||61,000,000|E1,000,000|
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|15.|Reconciliation ofnet income|Reconciliation ofnet income|ex enditure|to net cash flow from o eratin
activities|to net cash flow from o eratin
activities|
|---|---|---|---|---|---|
|||||2021|2020|
||Net income/(expenditure)|||||
||Net cash provided
by operating||activities|343,056|691,738|
||Cash flows from investing|activities||||
||Dividends
and interest from investments||||(31)|
||Gains on investments||||(221,220)|
||Decrease in debtors||||12/158|
||Decrease in creditors|||155,324|180,000|
||Net cash used in investing|activities||187,732|302,645|
|16.|Anal
sis ofcash and cash e uivalents|||||
|||||2021|2020|
||||||E|
||Cash at bank|||506,689|318,957|
||Total cash equivalents|||506,689|318,957|