THE ELLISON.CLIFFE CHARrrABLE TR
10
14
ENDE
FrEM

Bib￿c￿le TAS1 was eAlaLlsl& ty De￿ kn Ap• iYJ7 10 o)niirvR b> a
Fe￿￿￿p ar#J ￿ atth (apul Trw rh¥lth rnts.lu1￿rs or
TriisrEES
Dr l*lha lThiro (Ctslr) (ap[￿￿ 30 2021)
l* tan PA1ft￿ 9 P43rch 20221
I* Swiw Giw 2022)
Dr John
Mr Babuw
I* Kth 30 2ts22>
KtK* I)C*Wr LLP
) i(MyJ
ILB

PU•UC •EiIE•rr
Trwiea. ttry ¥Ah thE (kty%et the Charibts Art 201L
or r#)t * 15 aFporA&*e tts In*￿j ihs
Thè ThdY$ 145 i%en CUIID wtth tr*•fvinliiYJ
Ihe ira*qWg I￿￿¥￿S1* ￿ *fjl be as &y￿n ￿ Is safe to<ks w.
£3.396,429.
s *) thlr*va S￿l35￿•t•e whth a*0 as lar as Ihe c¥iial value

P•ge 3
Yio R(yal.gY* uf MedrLnEart 01￿ thènrok ¥ tle tr￿$ r*
MANCW RE¥￿w
Tntsi its frI￿￿on. resthal e51*e to Trust Ihs aou￿
2a20121 wa5 an urnsual IpAr fv Ilr. Tnrt. At tho *¥J d tht fmarxwl y&ir Prrltssor
dewrt thE T￿￿t a5 Is Ch* arKI a4 a irLStr•_ 71* Ike ro ￿(1)nJ ttwr
thafiks Ice lis ¥abJ7blE supw k￿Y1*.1￿ a5 Iyu51Ee antj Chay.
Ihe Iw h45 R(orted in th2 the fvNls tr￿n ￿(Cl¥￿j tv trd.
reAxts thè r￿f￿n[s￿ the of Re(tyi￿￿3 ITh fvt I TnEI
Ihrte tests kgid Iri 11th￿e. ￿￿0￿j*. trb2re s￿lent￿ts arwj Ihat th cc¥diior
In the Wil i*en Tnv

Poge 4
THEE
E YEAR E14DED
rEMBER
21
srAYEMENTOF TrusfEW RESPOIISIBIUTIES
èfe res￿r61t* fvr t¥epanr•) tt* insw. knldl stalw￿ts
acteftlaKe with a￿1￿•ble la¥• A￿¥•yj foar¥l* IUr*ed f*r*ral
law vth el s￿e of affais CA the 4tsrty ath] app￿at￿n
that the c¢Y1￿
cNirtty arnj &tyla￿ tkn to the fmarn*l O)rnp￿ whh tt% *£t 20114Th1
rtrJL4aibns Tlry art ajyi rwx&t42 kn safEwAwrhrKJ tl* assets trf tt* charlty aTr
ftr iaW the *xI ol fra￿j and othrr IwregularilKs.
21,
J￿2022.
Dr Melita Irving

Page 5
Opini
lye authted thE st3tLrynert£ d The Cl4riiat* Tr￿ (1￿.￿￿711￿ fDf Ihe ythr
erM*d 30 5eplemtv 2021 wlxh ¢0M￿￿e th sta1￿1 ol the SW ttt
ststemerrt of Cash io the staicjyw ItYILKlr¥J a SI￿rnary ol s¥JnIfir￿1Trt
aLrouniry ￿. The fran*w(¥k tl%)t has LEen app￿ in tlwy r*eparat*)n P*
Ip￿￿abk * arKI Llrrtay krou￿r￿j SlaThlyth. lThYudh¥J FinwKl￿ Rep)rtiW sian&ryrd 102
Tr FmwThl Rewtw aOK¢it4e ￿ t￿¢ LX RePJ￿￿ of IrcLiTh* {Unital Kiiwthm
. • tnt arnl f*r the #ate charW5 as at 30 Sojtenkn 2021 aryl 01 13
. ￿3Ve Qr¢wly accortkn ￿t()j K¥¥Jrknm Gerthly Acce.kxeJ
PfKtK¢ I[￿LX11[wJ FIn￿￿41 Reth"rwJ 102 Rwtyr¥J staN￿rd in the
UK the Repubk of Iff>nd; o
We COTIJ￿ awlit w*h Dn (UK) IIS4s (UK))
¥T￿rAble ki¥J. rSpJr￿I￿￿1its uth t1#￿ #atwJaryJ5 (*srtvJ kn the AuditDrf5
frr th2 ol afiaTKsal 5ts1rmts $eLl￿ (* ow wxyt. Wt a￿ Inde￿￿￿[71 of
thaiity In wlth thE Ith￿1 thot a￿ rd(warrt ￿ our of IhE Thnancw
ststur*nts Ir(ILKJ*q tlr FRC's El￿31 Srafmlinl. we have ftthYIL*J (¥Jr ￿t￿y tmh
In 0￿jrtI[￿j firkiFKkl ha¥t (orKkMJJJ W$￿e< we of tt* u>rKtm tr4515
oufttry m¥ratyJn ofll* 51ale￿￿￿5 is
Of c0rKlfrf￿S trt coKxtK*rf, ￿4Y s91￿ficant cknulK ￿ thE chonty's Jbi*y ID
(onvTrJe as a c4JThwn ts a &*rrJJ LY at rNJrtt6 frDm ¥*on f1th￿l1 6ta￿nt
rE aLth)rW (t)r s5￿.
r fesr•Jrvsts'1th5 ar¥J of tn61Ee5 VJ c(¥wn a￿ (ks(7itLNa In
reknnt lh& rep

F ThE INDEPEM
ELU
MTA
HE TrUSTEES
FE CHARrrABLE TRU
PTEM8
Ow ffsp)rtsibdity is ID read tl* Ott￿ MrfDrmthn ml In SD. cfATSthr wlthr t
ITrforInat￿n is matttMty Inrmi5w wth slattmuts or DW obtsinEd in Ihe
CDuf5e c¢ ttr aw#il ur rAte￿￿e apFeaf5 kn be Mtssla￿J. If we stKh matenjl
miotsteff*rt ￿ the Iln*td S￿￿n￿r*s 11. t￿5￿j work l*ve
Yie CO￿luth th# IIEFE fj a n¥Jler*l *e ae ￿Ul￿VI to Iwi
Ihat f&t.
WE rvAlw'rvJ to rEkKJrt kn r15￿ ftJ*xvhwJ rn&tus" Ki ￿ldt￿l lu awilies (Accounts
arnj Ryrts) 2008 rtspthe you if. kn ow (¢￿n..
5LrfIkn'ent aEcD￿yrWj have nnl r
•TvJ fail ¥lew. and far sth mtttna a5 tnste25 is ￿ tD ellab￿ th2
pwAtsJn d Tifflartsl ¥3t•r￿S are Iff£ IrDm ¢n*rkryl mI￿teM￿L due to fraud (x
Iri prerArfng tr* FMMrr.kil staiETh%rts. knvstrxs ￿ Yes￿r61b1¢ fc* assessry ttt ablity In
)Ir¥J cJ)rThn of arL￿n￿￿j ethEr wrtErMI tlr compwry LY th wse
or*.paikIr￿. tr Fo¥e alternatr+E to so.
ILths Our cfiriTh. Reaso￿￿￿ ttstl ofasswarK4 mt a an
au(SE In xiEh Ns (LIKI tknl a t ￿$1
can wise fmm eror aThJ are *, *Kh¥K￿allY cr n tr

P*¥Je ?
ii
Irre¢wWo4. frd¢gJ, &E wth aThJ rnJlaI￿Irts. We thswjn
ffaKI. eAts)t a￿ capat* of Irwuk￿es.
lrtkthyj ft•￿a 15 be**:
e thntr£d that tt* knjal crwr¥* was ol 5gnifurKZ.
We gdrnl an uThkn5l￿lmj c* TA*h A5 lryal regknry IraIT￿r
a4th wm. 15 e¥rethed aL41't chaittf5
ttst arty v*1 arm1 aA)wlJte ￿a5 charpl w thE clhirW5 luTr*. Th15
FinatKW Fi¢KM1iro CourKJI'i at: W4YW.rrt.or9.U￿￿￿h10￿rt¥￿W￿t¥k￿￿. ts ¢Je5ulpthJn fDnll5
ol our
IIM aloMrf•POrt
TN5 wr¢ ts made t4) ￿rV$ as a W. Part 4 of ￿ Char￿l
(Arwn15 and Rep)rts) RVJUIèthr￿ 20￿. vK*k wxlert*n, 9) rhx bttte
the IF4strzs rn•tlfJs Yrt are strdt2 iD tt￿1 in an aL*1itors aThJ IDr Th)
r wrpise. To lu1*5t extEnl Liw. ￿ (b a¢ttpt bj
anyo￿ other ttrkHfi C￿rity aThJ tr* tn•teEs as a txth. for th& IqXNt or
fvr we frm*d.
65 Lr•knknll gréd
EC3A 2AD
27 July 2022

P•Je 8
TA
F¥NIs
20>1
2020
F•iknAh
3.th.CO)
nk irterest
Totsl
3 400 C#)0
XPENDITIIRE ON:
Raisi￿ fiJnds
3.576
3.576
30.0(
Totyi
kM¥ime.nt 9airs
3JJ6,424
1394414
(30.0001
M•tg•hwl(IDW)•n
In¥•StM￿
N•t Ihwn•l(•xpwMkn)
30.815
NEF MfJvEMENfiM FUMDS
815

Pèae 9
FIXID ASSETS
Tangth AssEts
CURRtiir Asstys
Bank
cebiQ
815
815
3.4(1)I15
CrnYltor5: f4l*o d
Ithln tsnt
3.397.2J9
815
ET ASSErs
3.397,239
815
ErnlowfflerfL Fur￿5
3.3*424
Travfjll￿g Fdk)wJhlp Fq¥kl
815
815
8J5
815
3.397.239
815
The finarrial statwthts *twe arvml ty the ol TrwteES on Zi * 2022 athl Sh3rtoJ on 116
tewfty:
[¢thL k ! r..
h11r￿•ThI
Dr Melita Irving

P*Je io
IHE YEAR E
2021
20
CASM FLOWS PIMJN IJPEIIATI
Nel Irt4n￿l&Ipth1lI￿I) ftr IM ytar
139&424
{30.0001
Lots (ffj rti¢rAY41 rrt
[G&rt5llk)5Sts In¥e5thna*s
(I4(q(J)Ji
3,576
1rKrerflitr￿tl kncreArtDf5
(1396,424)
]o.o)o
14Ef CASH PROVIDEO ￿ (iISED
ZM) OPEIiATIHG ACTIVITIES
CAsM PLQWS FIiOM IMVEsllNG
AcirvrriE5
irtertsi aThJ
rd)¥•. a95e
purdkse Df iTitowiiAe Iked assets
AET CASH {USED Ipl) PROVIDID
•Y INVESTfiiG ACtivrriES
Cls1ty• kn ¢a5h iTrJ cash in
C05h ard ca51t at tl*
teglmWJ Df tlw ye
Gyh (¥￿1e￿5 at the
eftr*y

eli
cp￿j wrth th2 fFR5102) PufX4XWJ RepK)rtiFy i4f Ctsyrts..
th2 ￿4￿la1 RepJting siar•Janl apP1kab￿ w? thè UK (FRSI021. FI￿nc￿l
Sta￿all1 102. Tlt Fi￿n￿al sI￿Ja￿d the UK a)J Ir¢*nd'
J Ihe Cbaiitits ALI Xjll. Tr¢ flnDrKhA ststErrth5 have iw) hstoncal cost
The a(rnunts tr*n swaryi ￿ tye a èrnl fatr" vlciry (￿rt￿j Ihe Charth5
l*munL% aThJ Reihyts} ￿ul61￿c¢s 21XW lo th2 extent veqthl aThJ fair th..
folk)w14¥J the lattst Owit¥3 ￿Rp IFIIS 1021 2Q19 r41her tlwn tt
5thJ crthrit¥￿ ￿)Rp NhiLh wa5 2tl% 15 Sbl ￿le￿>￿ to n
The ILAtoMI 15 the £
£llwn£lfft ChwrkA>* Tnst Ir*as the (￿n￿ft ol • pAY£ rftsio2.
DonatiDn5 a￿ ￿lIfttr￿ for in swr in wl*th ￿e(￿j afKI arE a￿our￿l for
rrr ch)rty ¢rtthJ to 15 arnl t*rt
ra5(wbVehi¥rw
to be fWA¥oJ.
Grarts iD trts*ed a5 art ej li Il• aye
AdminiitAtM)n ol VAT. wh￿￿ ar*
In%tsIrt￿ts art i ft>rm d busk fir47￿171 arnl are iecf>JW at value
J sU1w￿nIIY at tar Yath as al slw u51rg thsiNJ qUEkntt markrt
PWKe. Tr 5tsterrth of flnaThJ)l t(kth5 1)ei oè¢6 WKI tsses arsing Dll ￿all*l￿}￿ arvl
Ileir caryhKJ val￿ or ttEw wwchas¢ ¥ak* * +XqUited Sut*Wnt tD the first day
ffiTwnthl y￿. lJThea1￿j arwj as tt* the far vduE at tr
vear a￿1 Ca￿VIr4 valle.

Page 12
THEA
Grnal •Te t*hth we fr¢ of tr% Tnthtea
hpen ra15ed Ctsrw IDr puryws. ￿ tym of •JminstrMt¥J s￿￿
fvrn2s are tl* ThE afv1 (* eKh fuNJ ts 4tt out Iri t
tes to ltr* finar<ièl

P•Je13
2021
20
3,4￿,¢
2020
Tr[￿J1￿J Felkn*sNp wants
SLWrt Custs Ir** 4)
30,1
1576
3.576
20
2020
3.576
3,4Cq(JJ)
115
81$
815
20
3.576

Pège 14
JOm9iJ)
wrnmertln JQlQ9111
3.39Q424
3.396,424
3.J9Q424
3,39A,4
fj•W(LD￿)
Prfory•w JoI(1*11g
A•J¥t•ntrtkn 3011)9120
th* yur
30109120
30109111
Tthollry FeJknw51*> FuTra
815
815
815
20
3Qi(*i
Exp•ndad 30iQg12
Trnve1￿ F￿￿¥01p FurAI
815
815
.J(L815
(30 ￿0)

Paye 15
SPLIT OF ASSETS OETIVEEII FI￿os
IrrèTslmerts
Cvrnrrt Assets
Ctsrrertt L￿￿'11t￿E5
3,1￿.000
(3,576)
3,400.815
13.5761
815
3.396.424
3.397.239
*t Ilb S•pt•rnb•r 20
Fundl
Inrtiiiejits
815
815
Cwrcrt ￿bI*
B15
815
TAusfEeS AEMUNEAATI(XI AND RtLATED PARTYTWISAcfYM5
Tl*rt tr￿[ee5. reTr¥JneTrlkn t4￿ ax1tsJ Xl Ser*amber 2021 [2020: rv)n•l.
Dr. Melts Irvirnj 15 aLso a At th2 awl thEwe isa b*rKe d £815 fyw(xl

16
R ENDED
SEPTEMBER 2021
LI. CYJMPARATZYE PtfjURfS VOR Tmf STATEMEMTOF FxMKMAcnvmES AS REQUJRED OY FRS 102
TMwItiAg
F¥n4kn
2020
INCOMINfj RESOIIRCES
8Bnk Irtere
Total
txPEI4D￿uR1 OM
fvr¥Js
Charltabk Ktt•*l•s
Total
Net ￿lM?}(￿l￿¥￿￿) bEkne (￿).￿￿1
(￿J,￿lI
Net 11Kry￿[exFQn￿AL￿t]
lis
815
¥L5