Charity Registration No. 1085553
THE GEOFF & FIONA SQUIRE FOUNDATION
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021

THE GEOFF & FIONA SQUIRE FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
G Wsquire
F P SqLJire
B G Peerless
Charity number
1085553
Principal address
18 Henry Moore Court
Manresa Road
London
SW3 SAS
Auditor
Alliotts LLP
Friary Court
13-21 High Street
Guildford
Surrey
GU1 3DL
Accounlanls
Lane Monnington Welton
R1verside View
Basing Road
8asingstoke
Hampshire
RG24 7AL
Bankers
Weatherbys Bank
Sander5 Road
Wellingborough
NN8 4BX
Solicitor5
Charles Russell Speechlys LLP
5 Fleet Place
London
EC4M 7RD

THE GEOFF & FIONA SQUIRE FOUNDATION
CONTENTS
Pag8
Trustees, report
Slalemenl of Iruslees, responsibilities
Independent auditor's report
Slalemenl of financial activities
Balance sheet
Statement of cash flows
io
Notes ID the financial statements

THE GEOFF & FIONA SQUIRE FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2021
The Irustees present their report and financ1315talements for Ihe year ended 31 Maich 2021.
The financial statement5 have been prepared In accordance with the accounting policies set out In note 1 to
the financial statements and comply with the charity's trust deed, the Charities Act 2011 and "Accounting and
Reporting by Charities Statement of Recommended Practice applicable lo charities preparing their aGcoun15
in accordance with the Financial Reportln9 Standard applicable In the UK and Republic ol Ireland IFRS 1021
(effective 1 January 20191
Objectlves and actlvitl85
The charity has general chaiitable obieclives. It was sel up following a one off donation by GW Squire to
provide funds to other charitable bodies In particular IbLJt not exclusively) those Involved In the fields of
medicine, education, disability 8nd the welfare and healthcare of children. The charity carries out Its aims by
making grants to registered charities in these fields and there has been no change In these during the year.
The Iruslees have paid due regard to guidance Issued by the Charity Commission in deciding what activities
the charity should undertake lo further the charity's objectives for public benefit
The Iru5tees believe that based on the grants given lo reg15tered charities In the current year Ithe complete
li5115 set out In the notes to the Financial Statementsl. the charity has clearly mel ils responsibilities to provide
benefit lo the public whilst carrying out its charitable aims.
Examples of such benefits inclLJde".
relief ol sickness. e.g. supporting Edinburgh Children's Hospital Charity, Leeds Care5. Basingsloke &
Alton Cardiac Rehab and Lucy Air Ambulance for Children,
dvancement ol education". e.g supporting The Deal Academy, Read for Good, New College
Worcester and Friends of St Luke's Redbourn.,
sport, e g making donations to Bright Ideas for Tennis, Disabled Sailors Association, Panathlon and
Climbing Out.
promotion of the arts, supporting Music For Youth and helping lo fund participalive Singing in schools
via Piffllico Opeia'5 Piimary Robins
Grant making policy
The trustees will only consider organi5ations or groups which are Gharilable as defined by UK charity law and
whose alTMS and objectives fall within the scope ol the charity's own charitable otiiecls. in particular. but not
exclusively, In the fields of medicine. education, disability and the welfare and healthcare of children.
Applications from any geographical area within ihe UK are eligible for consideration.
All applications from previous grant holders wll be considered by the Iruslees on their own merits.
The charity will work in partnefship with other oig3nisalions t(> fund initiatives beyond the financial means ol a
single organisation.
Grant holders will be expected to co-operate with the charity in providing details tsl how grant money has been
spent andlor applied in furtherance of ils objects and lo comply with Charity Commission andlor statutory audit
reqLJirements

THE GEOFF & FIONA SQUIRE FOUNDATION
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
Achievèments and p•rformanc•
The trustees noted a significant Increase In the capital value of the Investments during the year. They remain
satisfied that in spite ol current conditions they can relain a well diveisified and prudent investment strategy.
In the current year the ¢harity provided grants lolalling £762.160 to 65 different registered charities.
Financial review
The trustees report that Ihe lolal funds of the Gharity have inGieased from £8.027m lo £9.13m during the year
due mainly to the absolute return of the investment portfolios.
1115 the policy ol the charity that liquid unrestricted funds which have nol been de51gnated for a specific use
should be maintained at a level equivalent lo between three and six month's expenditure. The trustees
consider that reserves al this level will ensure that, In the event of a significant drop In capital values ol andlor
income from investments, they will be able lo continue the Gharily'5 curient activities while consideration is
given to way5 In which additional fund5 may be raised. This level of reseNes has been maintained throughout
the year.
The balance sheet shows net assets of approximately £9.13m. The Trustees Intend to continLJe to make
donations al their discretion and to maintain the current level of ¢harilable giving if possible.
The charily's investment objectives are lo balance current and lulure beneficiary needs by.
mainlairiing, and If po551ble, inGrea51ng the value ol the investmenls in the future.
producing a consistent and sustainable return to support charitable expenditure". and
delivering these objectives with1n acceptable levels of Iisk
The Investment performance is monitored by the trustees. Al the year end the rnarket value ol investments
was approximately £9m. showing an increase from the pievious year. However, during the year £144k ol
income was generated which has fallen from the previous year. This Is due mainly lo holding more cash lo de-
risk the investment portfolios.

THE GEOFF & FIONA SQUIRE FOUNDATION
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
The Iruslees have a55essed the Tmajor risks to which the charity 15 exposed. and are satisfied that systems are
In place lo mitigate exposure to major risks.
The Iru5tees have a prudent policy of risk management, as evidenced by the holdin9 of at least a year of
estimated forward expenditure In cash, cash equivalents or liquid assets. and the selection ol appropriate risk
managemenl fflandates lor the various fund managers. The trustees confirm that they have examined the
major risks which the charity faces and confirm that Systems have been established to enable these risks lo
be mitigated.
The Impact of Covid-19
Prior to the date that the financial statements were approved. the Coronavirus Icovid-191 outbreak
had spread worldwide and cauged disruptions lo businesses as well as economic activity globally including
the UK.
The trustees have considered the effects of the 2020 outbreak ol Covid-19 on the charity's operations and
have concluded that the impact on them 15 likely to be limited. The trustees acknowled9e and recognise
that there might be a potential Impact of the Covid-19 pandemic on the future operations ol the chaiily.
Ils beneficiaries, partners and siakeholders and on wider society. due to the general risk lo health, and also
the charity may105e planned Income as a fesult Of the general effect on the economy and Investment returns.
However, it Is not anlicipaled al the cuirent time Ihat the overall financial position of the charity will be
significantly adversely affected or Ils financial solvency threatened.
The trustees do not foresee significant change5 in the ch3rity'5 policies, with the investment in capital markets
and donations to other charitable bodies expected lo continue for the foreseeable future
Structure. gov&rnance and management
The charity was constituted on 24 January 2001 and has general charitable object5.
The Iruslees who served during the year and up lo the date of signature ol the financial statements weie..
G W Squire
F P Squife
B G Peerless
The founding Iru5tee5 are GW & FP Squire and BG Peerless Future trustees may be appointed al the
discretion of GVV & FP Squire and otherwise al the discretion ol the existing trustees from lime lo Iirne.
The charity Is managed by its trustees who meet regularly.
Due lo the nature ol the charity, as described below. formal training Is not given. bul 15 available on request lo
trustees who feel Il would assist with the perforrnance of their dutie5. The trustees are involved in all aspect5
tsf the charity and accordingly there are no other management or staff levels reporting Into them.
The trustees, report was approved by the Board of Trustees.
F P Squire
Trustee

THE GEOFF & FIONA SQUIRE FOUNDATION
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2021
The trustees are responsible for preparing the Trustees. Report and the financial statements in accordance with
applicable law and United Kingdom Acc()unting Standards Iunited Kingdom Generally Accepted Accounting
Practice).
The law applicable lo charities In England and Wales requires the Iruslees to prepare financial statements for
each financial year which give a true and f311 view of the state ol affairs of the charity and of the Incoming
resources and application ol resources ol the charity lor that year.
In preparing these financial stalemenls, the trustees are required to..
select suitable accounting policies and then apply them consistently.
observe the methods and principles In the Charities SORP".
make judgements and estimates that are reasonable and prudent,
slate whether applicable accounting standards have been followed. subject to any material departures
disclosed and explained in the financial stalemenls. and
prepare the financial statements on the going concern basis unless It is Inappropriate lo presume that the
charity will continue ID operation.

THE GEOFF & FIONA SQUIRE FOUNDATION
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF THE GEOFF & FIONA SQUIRE FOUNDATION
Opinion
We have audited the financial statements ol The Geoff & Fiona Squire Foundation (the 'charily'l for the year
ended 31 March 2021 which comprise the statement ol financial 3Ctivities. the balance sheet. the statement of
cash flows and the notes to the Iinancial 5t3tements, Including 51gnilicanl accounting policies. The fillancial
reporting framework that has been applied in their preparation Is applicable law and United Kingdom Accounting
Standards, Including FRS 102 The Financial Reporting Standard applicable iii Ihe UK and Republic ol Ireland
(United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial slatemenl5-.
give a true and lair view of the slate of the charity's affairs as at 31 March 2021 and of ils incoming
resources and application of iesources, lor the year then ended,
have been properly prepared In accordan¢e with United Kingdom Generally Accepted Accounting Practice,
and
have been prepared in accoidance with the requirements of the Charities Act 2011
Basis for opinion
We conducted our audit In accordance with International Standards on Auditing IUKI IISA5 IUKII and applicable
law. Our responsibilities under those standards are further described In the Audilor's re5ponsibililies for Ilie aiidil
offhe ffiiiaiicial slalemenls section of otji report We are independent ol the charity In accordance with the ethical
requirements that are ielevant lo our audit ol the financial statements In the UK, including the FRC'S Ethical
Standard. and we have fulfilled our other elhic31 responsibilities In accordance with these requirements. We
believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis foi our opinion.
Conclusions relatlng to golng concern
In auditing the financial statements, we have concluded that the trustees, use ol the going concern ba515 01
accounting in the preparation ol the financial statements Is appropriate.
Based or) the work we hav& performed. we have not Identified any material uncertainties relating lo events or
Gonditions that. individually or collectively, may cast significant doubt on the chaiily's ability lo continue as a
going concern for a period of al least twelve months frorn when the financial statements are authorised loi Issue.
Our responsibilities and the responsibilities ol the trustee5 Wlth respect to going concern are described in the
relevant sections of this report.
Other information
The other Information comprises the information Included In the annual report other than the financial statements
and our auditor's report thereon. The Iruslees are responsible lor the other Information contained within the
annual report. Our opinion on the financial ?latemenls tloes not ¢over the other information and we do ntst
express any form of assurance conclusion Ihereon. Our respon51bilily is to read the other Information and, in
doing so, consider whether the other Information Is materially inconsistent with the financial slalemenls or our
knowledge obtained in the course ol the audit, or otherwise appears lo be materially tnisstated. 11 we identify
such material Inconsistencies or apparent material misslatemenls, we are reouired lo determine whether this
gives rise to a material mis5t31emenl in the financièl statemenls Ihemselves. If, based on the work we have
performed, we conclude that Iheie Is a material misstatement of th15 other Information, we are required to report
that fa¢l.
We have nothing to report in this regard.

THE GEOFF & FIONA SQUIRE FOUNDATION
INDEPENDENT AUDITOR'S REPORT ICONTINUEDI
TO THE TRUSTEES OF THE GEOFF & FIONA SQUIRE FOUNDATION
Matters on which we are rgquirgd to report by exception
We have nothing to report In respect of the following matters in relation to which the Charitie5 (Accoun15 and
Reports) Regulations 2008 require us lo report to you Il, In our opinion
the information given in the financial statements is inconsistent in any material respect with the trustees,
report, or
sufficient accounting iecords have not been kept. or
the Iinancial statements are not In agreement with the accounting records, or
we have not received all the Information and explanations we require lor our audit.
Responsibilities of trLb$tées
As explained more fully In the slalemenl of Iiustees, responsibililies, the Iruslees are responsible for the
preparation ol the financial statements and for being satisfied that they give a true and fair view, and for such
internal control as the trustees determine Is necessary to enable the preparation ol financial statements that are
free from material migstatemenl, whether due lo fraud or errol
In preparing the financial statements. the trustees are responsible lor assessing the charity's ability to continue
as a going concern. disclosing, as applicable. matters related to going concern and using the going concèrn
basis ol accounting unless Ihe trustees either Intend to cease operations, or have no realistic alternative but to
do so.
Auditor's responsibilitiès for the audit of the financial statements
We have been appointed a5 auditors under section 144 01 the Charities Act 20 11 and report in accordance with
the Act and relevant regulations made or having effect Ihereunder.
Our objectives are lo obtain reasonable a55urance about whether the financial statements as a whole are free
from malerial m155talement, whether due lo fraLJd or error, and to Issue an auditor's report that InclLJdes our
opinion Reasonable assurance Is a high level of assurance bul 15 not a guarantee that an audit conducted in
accordance with ISAS IUKI will always detect a material misstatement when il exists. Misstatements can arise
from fraud or error and ale considered material if, individually or In the aggregate, they could re350nably be
expected lo influence the economic decisions of users taken on the basis of these financial statements.
Irregulaiilies. Including fraud, are instances ol non-compliance with laws and regulations. We design prtscedures
in line with our responsibilities, outlined above, lo detect tnaterial misstatements in respect of irregularities,
including fraud. The extent lo which our procedures are capable of detecting Irregularitie5. Including fraud. 15
detailed below.

THE GEOFF & FIONA SQUIRE FOUNDATION
INDEPENDENT AUDITOR'S REPORT {CONTINUED)
TO THE TRUSTEES OF THE GEOFF & FIONA SQUIRE FOUNDATION
Our approach to Identifying and assessing the risks of material rnisslatement In respect of irregularitie5. including
fraud and non-compliance with laws and regulations, was as follows
the engagement partner ensured that the engagement team collectively had the appropriate
competence, capabilities and skills lo identify or recognise non-compliance with applicable laws and
regulations,
e identified the laws and regulations applicable lo the charity Ihiough discu5510n5 Wlth Trustees and
other management. and from our knowledge and experience ol the nol-lor-profil sector..
we focused on specific laws and regulations which we considered may have a diiecl material effect on
the financial slalemenls or the operations of the charity, Including the Charities Act 2011 the Charities
SORP. and data protection. anli-bribery. employment, environmental and health and safely legislation,.
we assessed the extent of compliance wilh the laws and regulalions Identified above through making
enquiries ol managelnenl and Inspecting legal correspondence, and
identified laws and regulation5 weie commLJnicated within the audit team regularly and the team
remained alert lo Instances of non-compliance throughout the audit
We assessed the susceplibilily of the charity's financial statements to materi31 misslalemenl, Including obtaining
n understanding ol how fraud might occur, by.
making enquiries of Trustees and management as to where they considered there was susceptibility to
fraud, their knovAedge o13Ctual, suspected and alleged fraud.,
Considering the Internal controls In place lo mitigale risks of fraud and non-compliance with laws and
regulations.
To address the r15k ol traud through management bias and override of controls, we.
performed analytical procedures lo identify any unusual or unexpected rel8lionships'.
tested journal entries lo Identify unusual transactions,
assessed whether judgements and assumptions made in determinin9 the accounting estimates were
Indicative of potential bias, and
Investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations. we desisned procedures
which included, bul were not limited to..
agreeing financial statement disclosures to underlying supporting documentation,
leading the minutes of meetings ol the board ol Trustees.
enquiring of management a5 10 actual and potential litigation and claims, and
reviewing correspondence with HMRC, relevant regulators and the charity's legal advisors.
There are Inherent limitations in our audit procedures described above. The more removed that laws and
regulations are from financial transaction5, the less likely Il Is Ihat we would become aware Df non-compliance.
Aud11ing slandaids also Iimil the audit procedures required lo identify non-compliance with laws and regulations
lo enquiry ol the Tiustees and other management and Ihe Inspection ol regulatory and legal correspondence. Il
any.
Material misslalements that arise due to fraud can be harder to detect than those Ihal arise from error as they
may involve deliberate concealment 01 collusion.
A further deseriplion ol our responsibilities Is available on the Financial Reporting CounGIl'5 website at-. https 11
ww.Irc.org.uklauditorsresponsibililies. This description loim5 part ol our auditOl'5 report.
Jan 13, 2022
Alliotts LLP
Charterèd Accountants
statutory Auditor
Friary Court
13-21 High Street
Guildlord
Surrey
GUI 3DL
Alliotts LLP Is eligible foi appointment a% auditor of the charity by virtue ol its eligibility for appointment as auditor
of a company undei of section 1212 of the Companies Act 2006.

THE GEOFF & FIONA SQUIRE FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2021
2021
2020
Not9$
nc
Investments
144,447
185.495
en
Raisin
funds
Trading cos15
Investment management fees
18,023
69,029
16,878
68.092
87,052
84.970
Charitable activities
762 160
844,491
Total expenditure
849.212
929,461
Net gain5 on investments
1,807,985
1914,6341
Net movement in funds
1,103,220 11,658,600)
Fund bal3ncES at 1 April
8,026.835 9,685,435
Fund balances at 31 March
9.130.055 8.026.835
The statement of financial aclivilie5 Includes all gains and losse5 recognised in the year.
All income and expenditure derive from continuing activities.

THE GEOFF & FIONA SQUIRE FOUNDATION
BALANCE SHEET
AS AT 31 MARCH 2021
2021
2020
Notes
Fixèd assets
Inveslfflenls
Current assets
Cash at bank and In hand
10
8,995,104
7,306.495
157,346
794,886
Creditors.. amounts falling due within
one year
12
122,3951
174.5461
Net cuirenl assets
134.951
720.340
Total assèts lèss currènt liabilitias
9.130.055
8,026.835
Income funds
Unrestricted lunds
9,130,05S
8.026,835
9,130,055
8,026,835
The ac¢oLJnts were approved by the Trustees on
G W Squiie
Trustee
F P Squire
Trustee
BGP
Truste
erless

THE GEOFF & FIONA SQUIRE FOUNDATION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2021
2021
2020
Notes
Cash flows from op•rating activities
Cash absorbed by operations
14
1901,3631
1878,1431
Invèsting activities
Purchase of Investments
Proceeds on disposal of Investments
Intere51 received
16,449,1741
6,568,550
144,447
11.723,3171
2.662.627
185.495
Net cash generated from investing
activities
263,823
1, 124.805
Nèt ¢ash usod in financlng activities
Net Idecreasellincrease in cash and cash
equivalents
1637.5401
246,662
Cash and cash equivalents al beginning of year
794.886
548,224
Cash and cash equivalents at end of year
157.346
794,886
10

THE GEOFF & FIONA SQUIRE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Accounting policies
Charity information
The Geoff & Fiona Squire Foundation is a charity Constituted by trust deed. wth general charilable
biectives. The principal addiess 15 18 Henry Moore Court. Manresa Road, London. SW3 6AS.
1.1 Accounting convention
The accounts have beer? prepared In accordance with the charity's tru51 deed, the Charitie5 Act 2011 and
Accounting and Reporting by Charities. Statement ol Recommended Practice applicable lo charities
preparing their accounts In accordance with the Financial Reporting Standard applicable In the UK and
Republic ol Ireland IFRS 1021" la5 amended lor accounting periods commencing from 1 January 20191.
The charity Is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared In sterling which Is the functional currency of the charity. Monetary
amounts In these finan¢i31 statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention, modified to include the revaluation
ol Investments at lair value. The principal a¢counling policies adopted ale sel out beltsw
1.2 Going concern
At the time of approving the financi31 statements. the trustees have a reasonable expectation that the
charity has adequate resources to continue in operational existence for the foreseeable lulure. Thus the
trustees continue to adopt the going concern basis ol accounting In preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion ol the trustees in furtherance ol their charitable
obieclives.
1.4 Income
Income is iecognised when the charity 15 legally entitled lo it after any performance condition5 have been
met. the amounts can be measured reliably, and Il Is probable that inccTrme will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been
notified of the donation, Unless perforrnance conditions require deferral of the amount. Income lax
recoverable reSatlDn to donation5 received under Gift Aid or deed5 01 covenant Is recogn15ed al the time
ol the donation.
Investment Income is Included when receivable by the charity.
1.5 Expenditure
Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation
committing the charity lo the expendituie and It call be measured reliably. All expenditure is accounted lor
on an accruals basis and has been classified under headings that aggregate all costs related to the
category.
Costs of raising funds are those costs incurred in investment management.
Grants payable are paymen15 made to third parties in furtherance of the charitable objectives of the Trust.
The grants are accounted lor where either the Tiustees have agreed to pay the grant without condition or
the recipient has a reasonable expectation that they will receive a grant.
All expendituie 15 directly attributable lo specific acliv11ies and ha5 been Included in those cost categories lo
which it relates

THE GEOFF & FIONA SQUIRE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2021
Accounting policies
Icontinuedl
1.6 Fixed asset investments
Fixed 355et investments are Initially measured at transaction price excluding transaction costs. and are
subsequently measured al fair value at each reporting dale. Changes In fair value are recognised In nel
incomellexpenditurel loi the year. Tiansaclion costs are expensed as Incurred.
1.7 Cash and cash èquivalènts
Cash and cash equivalents Include cash In hand. deposits held al call with banks, other sh(>rt-lerm liquid
investments with original maturities ol three months 01 less. and bank overdrafts. Bank overdrafts are
shown within borrowings In current liabilities.
1.8 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Olher Financial Instfuments Issues, of FRS 102 to all of Il5 financial in5trufnent5.
Financial Instruments are recognised In the charity's balance sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and Iiabililies are offset, with the net amounts presented in the financial statements. when
there Is a legally enfoiceable right lo sel off the recognised amounts and there Is an Intention lo settle on a
net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which InclLJde debtors and cash and bank balance5. are Inittally me35ured at
transaction price including transaction costs and ale subsequently carried at amortised cost using the
effective interest method unless the arrangement conslitules a financing transaction. where the transaction
is measured at the present value of the future receipts discounted al a market rate of Interest. Financial
assets classified as receivable within tsne year are not amortised.
Basic financial liabilities
Basic financial Iiabililie5, Including creditors and bank loans are Initially recognised at transaction price
unle55 the airangemenl con5tilules a financing Iran5aclion, where the debt Inslrurnent Is measured al the
present value ol the future receipts discounted at a market rale ol Interest. Financial liabilities classifie(S as
payable within one year are not amortised.
Debt instrufnents are subsequently carried at amortised cost. using the effective inleresl rate method.
Trade creditors are obli93tions lo pay lor goods or services that have been acquired in the ordinary course
ol operations from 5upplieis. Amoun15 payable are classified as current liabilities if payment Is due within
one year or less. If not, they are presented as non-current Iiatiililies. Trade creditors are recognised Initially
at trans3clion price and svbsequenlly measured at amortised cost using the effective Interest method.
Derecognition of financial liabilities
Financial liabilitie5 are deiecogn15ed when the chaiily's conlraclual obligation5 exp¢re or are discharged or
cancelled.
12

THE GEOFF & FIONA SQUIRE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEO)
FOR THE YEAR ENDED 31 MARCH 2021
Critical accounting estimates and judgements
In the application of the charity's accounting policies, the trustees are required to make iudgemenls,
estimates and assumptions about the carryin9 amount of assets and Iiabililies that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and
other factors that are considered to be relevant. Actual results may differ from these estimates.
The estlTNates and underlying assumptions ale reviewed on an ongoing basis Revisions to aceounling
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or In the period of the revision and future periods where the revision affects both CUTrenl and future
periods.
Invèstmènts
2021
2020
Income from listed inve5tmen15
Interest receivable
144.415
32
185.211
284
144,447
185,495
Raislng funds
2021
2020
Investment management lees
Support costs
Governance costs
69,029
40
17,983
68,092
51
16,827
87,052
84,970
Grants payable
2021
2020
Grants to institutions..
Au115m Bedlordshire
Autism Inclu51ve
Basingstoke & Alton Cardiac Rehab
Boccia England
Braille Chess Association
2.500
3.600
942
5,000
3,000
Sub-total
10.042
5,000
13

## **THE GEOFF & FIONA SQUIRE FOUNDATION** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ 

## **5 Grants payable** 

## **(Continued)** 

|Continued from previous page<br>Bright Ideas for Tennis<br>British Disabled Angling Association<br>Cerebral Palsy Plus<br>CHCD Charitable Trust<br>Children's Heart Federation<br>Children's Trust<br>Climbing Out<br>Clothing Solutions<br>Deaf Blind UK<br>Demand - Design & Manufacture for Disability<br>Designabilty - Wizzybugs<br>Disabled Sailors Association<br>Douglas Bader Foundation<br>Down Syndrome Development Trust<br>Dressability<br>Dunedin School<br>Edinburgh Children's Hospital Charity<br>Firefighters Charity<br>Friends of Castle School Cambridge<br>Friends of St Luke's, Redbourn<br>Gloucester Rugby Foundation<br>Great Western Air Ambulance Charity<br>Handicapped Children's Action Group<br>Heart Heroes<br>Horatio's Garden<br>Honeypot Children's Charity<br>Hope for Tomorrow<br>Horsley & Bookham RDA<br>Imperial Health Charity<br>Islington Boat Club<br>Jubilee Sailing Trust<br>Kids in Action<br>King's College Hospital Charity<br>Leeds Cares - Leeds Hospitals Charity<br>Lindsay Leg Club Foundation<br>London's Air Ambulance<br>London Hearts<br>London Wheelchair Rugby<br>Lord's Taverners<br>Lucy Air Ambulance for Children<br>Murray Parish Trust<br>Sub-total|10,042<br>3,260<br>-<br>5,000<br>-<br>1,300<br>-<br>10,000<br>500<br>-<br>5,000<br>14,550<br>15,000<br>5,000<br>5,000<br>-<br>350<br>67,300<br>5,000<br>-<br>25,000<br>-<br>10,695<br>4,878<br>5,000<br>35,000<br>2,000<br>20,000<br>16,000<br>1,500<br>1,000<br>4,000<br>5,000<br>-<br>13,542<br>-<br>-<br>3,000<br>-<br>34,538<br>4,250<br>25,000<br>357,705|5,000<br>-<br>3,000<br>-<br>4,200<br>-<br>50,000<br>-<br>500<br>2,000<br>5,000<br>-<br>-<br>5,000<br>-<br>500<br>-<br>-<br>8,500<br>10,000<br>-<br>5,000<br>-<br>-<br>-<br>47,500<br>2,000<br>-<br>-<br>-<br>-<br>50,000<br>-<br>75,000<br>-<br>5,000<br>12,040<br>-<br>7,500<br>124,157<br>-<br>-|
|---|---|---|
|||421,897|



- 14 - 



## **THE GEOFF & FIONA SQUIRE FOUNDATION** 

## **NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_ 

|**5**<br>**Grants payable**<br>Continued from previous page<br>Music for Youth<br>New College Worcester<br>Newlife, the charity for Disabled Children<br>Orpheus Centre<br>Panathlon<br>Pimlico Opera<br>Positive Path Foundation<br>Queen Elizabeth's Foundation for Disabled People<br>RC Diocese of Shrewsbury<br>Read for Good<br>Regain<br>Royal Brompton & Harefield Hospitals Charity<br>Royal Horticultural Society<br>Royal National College for the Blind<br>Ruby's Fund<br>Ruskin Mill Land Trust<br>RVC Animal Care Trust<br>Salisbury District Hospital Charity<br>SNAPS Yorkshire<br>Southampton Hospital Charity<br>Special Effect<br>Spread A Smile<br>Stable Family Home Trust<br>Support Dogs<br>Teenage Cancer Trust<br>The Deaf Academy<br>The Seashell Trust<br>The Sequal Trust<br>The Theodora Children's Charity<br>Thumbs Up Club<br>Treloar's<br>UCLH Charity<br>Variety - The Children's Charity<br>Vision Foundation<br>Wallis & Gromit's Children's Foundation<br>Wessex Children's Hospice Trust<br>West Berkshire Mencap<br>Wetwheels Foundation<br>Whizz Kidz<br>Willow Foundation<br>Wiltshire Air Ambulance<br>Winchester Hospice|**(Continued)**<br>357,705<br>421,897<br>10,000<br>-<br>5,000<br>-<br>12,500<br>12,500<br>15,000<br>-<br>1,230<br>-<br>5,000<br>7,500<br>2,500<br>-<br>-<br>17,500<br>50,000<br>-<br>21,867<br>-<br>5,000<br>3,000<br>-<br>29,500<br>15,000<br>-<br>8,000<br>-<br>2,500<br>-<br>5,000<br>-<br>9,829<br>17,395<br>-<br>35,000<br>500<br>-<br>-<br>25,000<br>-<br>8,000<br>-<br>5,000<br>27,000<br>-<br>21,040<br>-<br>68,919<br>55,000<br>10,000<br>-<br>4,950<br>-<br>5,000<br>-<br>5,000<br>-<br>5,520<br>-<br>-<br>30,000<br>-<br>50,000<br>-<br>9,250<br>19,400<br>5,000<br>5,000<br>-<br>30,000<br>57,449<br>5,000<br>-<br>-<br>50,000<br>-<br>5,500<br>10,000<br>-<br>3,500<br>-<br>15,200<br>-<br>762,160<br>844,491|**(Continued)**<br>357,705<br>421,897<br>10,000<br>-<br>5,000<br>-<br>12,500<br>12,500<br>15,000<br>-<br>1,230<br>-<br>5,000<br>7,500<br>2,500<br>-<br>-<br>17,500<br>50,000<br>-<br>21,867<br>-<br>5,000<br>3,000<br>-<br>29,500<br>15,000<br>-<br>8,000<br>-<br>2,500<br>-<br>5,000<br>-<br>9,829<br>17,395<br>-<br>35,000<br>500<br>-<br>-<br>25,000<br>-<br>8,000<br>-<br>5,000<br>27,000<br>-<br>21,040<br>-<br>68,919<br>55,000<br>10,000<br>-<br>4,950<br>-<br>5,000<br>-<br>5,000<br>-<br>5,520<br>-<br>-<br>30,000<br>-<br>50,000<br>-<br>9,250<br>19,400<br>5,000<br>5,000<br>-<br>30,000<br>57,449<br>5,000<br>-<br>-<br>50,000<br>-<br>5,500<br>10,000<br>-<br>3,500<br>-<br>15,200<br>-<br>762,160<br>844,491|
|---|---|---|
|||844,491|



- 15 - 



THE GEOFF & FIONA SQUIRE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
Support costs
Support Governance
osts
osts
2021
2020
Bank charges
40
40
51
Audit fees
Acctsuntancy
Legal and professional
4,440
2,850
10,693
4.440
2,850
10,693
4,290
3,000
9,537
40
17.983
18.023
16,878
Analysed between
Costs ol raising funds
40
17.983
18.023
16.878
Governance cosls includes payments to the auditors of £4.440 12020 £4,290) lor audit lees and
paymen15 to Charles Russell Speechlys LLP of £10,693 12020 £9.5371 8 G Peerless 15 a partner al
Charles Russell Speechlys LLP and Is also a trustee of the charity.
Tiustees
None ol the Iruslees lor any persons connecled with them) received any remuneration or benefits from the
charity during the year.
Employees
The average monthly number of employees during the year was..
2021
Number
2020
Number
Total
Net gainslllossesl on investments
2021
2020
Revaluation of investments
Gainlllossl on sale of Investments
978,737
829,248
1841,9051
172,7291
1.807.98S
1914,6341
16_

THE GEOFF & FIONA SQUIRE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
10 Fix8d asset investmefits
Listed
inv•stm•nts
Cost or valuation
At 1 April 2020
Additions
Valuation changes
Disposals
7.306,495
6.449,174
978,737
15.739.302)
At 31 March 2021
8.995,104
Carrying amount
Al 31 March 2021
8,995,104
At 31 March 2020
7,306,495
11 Financial instruments
2021
2020
Carrying amount of financial asset5
Instruments measured at fair value through profil or loss
8,995,104
7.306 495
12 Creditors.. amounts falling due within one year
2021
2020
Trade creditors
Other creditors
Accruals and deferred income
14.925
17,046
50,000
7,500
7,470
22.395
74,54S
13 Post Balance Sheet Events
The worldwide outbreak ol the coronavirus pandemic Icovid-191 h35 caused exten51ve disruptions to
organisalions globally with major implications lor operations as well as finances The Iruslees acknowledge
and recognise, as set out In the trustees, report, the impact of the Covid-19 pandemic on the operations of
the charity, its beneficiaries. partner5, stakeholders and on the wider Society. and have en5ure(I that both
resources and processes are In place to mitigate any disruption to the operations for the financial year end
2022. As a result, the impact ol Covid-19 pandemic does not warrant any adjustments lo these financial
stalemenl5.
17

THE GEOFF & FIONA SQUIRE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2021
14 Cash generated from operation
2021
2020
Surpluslldeficill for the year
1, 103.220
11,658,600)
Adjustments for.
Inve51menl income iecogni5ed in statement ol financial activities
(Gainllloss or) disposal of Inve5tmen15
Fair value gains and losses on investments
1144,4471
1829,2481
1978,7371
1185,4951
72.729
841,905
Movements in working capital.
(Decreasellincrease In ciedilors
152,1511
51,318
Cash absorbed by operations
1901.3631
1878,1431
18