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2021-12-31-accounts

Trustees: W G Oldfield W G Oldfield (Founding Trustee)
R G Munro
E Parry
Principal address: Kensington Cloisters
5 Kensington Church Street
London
W8 4LD
Bankers: HSBC Bank pic
25 Notting Hill Gate
London
W11 3JJ
Auditors: Wenn Townsend
Chartered Accountants
30St Giles
Oxford
OX1 3LE
Investment managers: Ennismore Fund Management
Kensington Cloisters
5 Kensington Church Street
London
W8 4LD

Expendable endowment
funds
Note 2021 2020
income and Endowments
Donations 346,113 200,000
Total income 346,113 200,000
Expenditure
Charitable
expenditure
Grants and donations 223,167 162,330
Other 1,220 1,160
Total expenditure 224,387 163,490
Net income/(expenditure) before gains and losses 121,726 36,510
on investments
Unrealised
gains/(losses)
on investments 2 1,424,205 (583,630)
Realised gains/(losses) on investments 2 6,633
Exchange loss on investments 2 99,360 (204,978)
Net movement
in funds
1,651,924 (752,098)
Total funds at 1stJanuary 2021 11,769,101 12,521,199
Total funds at 31stDecember 2021 13,421,025 11,769,101

Note 2021 2020
Fixed assets
Investments 11,617,845 11,654,245
Current assets
Debtors 5 344,953
Cash at bank 1,555,447 156,016
1,900,400 156,016
Liabilities: amounts falling due within one year 6 (67,220) (41,160)
Net current assets 1,833,180 114,856
Total assets less current liabilities 13,451,025 11,769,101
Liabilities: amounts falling due after more
than one year (30,000)
Net assets 13,421,025 11,769,101
Expendable endowment funds 13,421,025 11,769,101

2. Investments
2021 2020
Market value at 1stJanuary 2021 11,654,245 12,442,853
Disposals
in the year
(1,559,965)
(Decrease)/increase
in market value
in the year 1,424,205 (583,630)
(Loss) on foreign exchange 99,360 (204,9?8)
Market Value at 31stDecember 2021 11,617,845 11,654,245
Historical cost at 31stDecember 2021 4,644,656 4,838,568

Grants and donations
2021 2020
Grants and donations
include
the following:
The Funding
Network
122,500 33,330
Article 39 10,000
BirdLife International 10,000
The Orchid Project 30,000 30,000
Tiger Awareness 10,000 10,000
Battersea Dogs and Cats Home 2,000
Centre point 2,000
Buglife 1,000
The Lullaby Trust 1,000
World Land Trust 10,000
Enfance precoce en PACA 1,000
GAAP Orphanage
Foundation
2,000
Galapagos
Conservation
Trust 1,000
Kensington
Fields Community
Assoc 1,000
Children
with Cancer UK
5,000
Financial
Literacy 8 Inclusion
Campaign 1,000
Internet Archive 1,000 11,000
Leadership
Through
Sport 8 Business
1,000
Friends of Brooklands
School
Assoc 1,000 2,000
My Name'5 Doddie Foundation 1,000
Matt Hampson
Foundation
2,000
MIND 2,000
Cancer Research
UK
1,000 2,000
Friends ofFlamstead
School
2,667
Oxford Against Cutting 10,000
Plan International
UK
10,000
Smile Train 12,000
Sue Ryder 15,000
Ocean a 1,000
Oxfordshire
Community
Trust
15,000
Papyrus
Prevention
ofYoung
Suicide 1,000
SOS Children's
Villages
1,000
St.Joseph's Hospice Hackney 1,000
The Angel Network 13,000
Oundle
Mencap
1,000
Chelmsford
Cats Protection
2,000
National
Hospital for Neurology
8 Neurosurgery
Development
Foundation
1,000
Shelter 1,000
The Hawk Conservancy
Trust
1,000 2,000
British Heart Foundation 2,000
The Harpenden
Trust
1,000
The Trussell Trust 1,000
Refunds/withdrawals/amendments to previous period grants (15,000)
223,167 162,330

4. Governance costs
2021 2020
f
Auditor's
IAccountant's
remuneration 1,220 1,160
5. Debtors
Accrued income 344,953
6. Liabilities: amounts due within one year
Accruals 1,220 1,160
Grant commitments (see note 8) 66,000 40,000
67,220 41,160
7. Liabilities: amounts due after more than one year
Grant commitments (see note 8) 30,000
30,000

Payable in year Committed
to
Approved Paidl amended Committed
to
at01.01.21 in year
f
in year Deferred at31.12.21
2021 40,000 (40,000)
2022 96,000 (30,000) 66,000
2023 30,000 30,000
40,000 96,000 (40,000) 96,000