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2021-04-05-accounts

C~CTCLRRid&t	t~
for the3rear ended 5th April	2021
			Page
Reference and administrative details
Report ofthe trustees		2	to	4
Independent examiner's report
Statement offinancial activities
Balance sheet
Notes to the financial statements		8	to	12
Detailed statement offinancial activities			13

	ilf ~ f~	dAd lit p Dt9 dd ttLAA 0 D21
Trustees		Lord Portarlington
		Lady Portarkngton
		Lady M D Dawson-Darner
Principal address		Yuills Ltd
		104 Park Street
		London
		W1K 6NF
Registered	charity number	1097359
Independent	examiner	Rennie Welch LLP
		Academy House
		Shedden Park Road
		Kelso
		Roxburghshire
		TD5 7AL
Bankers		Coutts 8 Co
		440 Strand
		London
		WC2R OQS
Investment	managers	Rossie House Investment	Management
		Forgandenny
		Perth
		PH2 9EH

organisations, which is v	ery commendable,	and it is hoped that t	and it is hoped that t	his level ofgrant aid can	e maintain	ed in th	e future
The following charitable	grants were made	during the yean 6					F
Bethany Chnstian Trust Blood Cancer UK			1,100 1,000	Mypass Nordoff Robbins International			1,000 3,000
Blueprint Training Enterprises Brain Tumour Support Brainwave			1,000 1,500 3,000	Ormiston Families Plan Redthread			1,000 1,000 500
Brendon Care Clubs			2,000	Reengage			1,790
CHF			1,300	Riding for the Disabled			1,000
C Potential			500	Royal Hospice for Neuro-Disability			2,000
Cheshire and Warrington Carers Trust Clowns in the Sky Dogs for Good Dorset Natural History and Archaeologrca Edwards Trust		I Society	500 500 1,500 4,500 1,000	Royal Trinity Hospice Royal Voluntary Service Seeing Dogs Sight Support Derbyshire Soundabout			1,000 1,000 1,000 1,000 2,000
Epilepsy Action Havens Hospices Hot Line Meals Sennce			1,000 1,000 2,500	South Bucks Hospice StAndrews Club StCatherines Hospice			2,000 1,000 1,500
Joss Searchlight Kids N Action			2,500 2,000	St Wilfred's Hospice Strongbones Children's	Charitable	Trust	1,000 3,000
Lennox Children's Cancer Fund			1,000	Sunny Days Children's	Fund		500
Lewis Manning Hospice Life Education	Care		500 1,000	The Childhood Trust The Dash Charity			2,500 1,000
MERU MACS			1,000 1,000	The Oesophaegeal Patients Association The Rainbow Centre			1,000 1,500
Make then Smile Children's Charity Maytee Respite Centre Meningitis Now			2,638 1,000 1,000	The Honeypot Children's Thomley Zane	Charity		2,500 1,000 1,000

					f rth ear	n d5thA ril 2	021
								2021	2020
						Unrestricted	Restricted	Total	Total
						fund	fund	funds	funds
					Notes	9		9	E
Income and endowments				from
Investment	income				2	71,619		71,619	70,620
Expenditure	on
Charitable	activities
Grants awarded						73,828		73,828	65,750
Governance	costs					1,920	14,124	16,044	16,839
Total						75,748	14,124	89,872	82,589
Net gains/(losses)		on	investments				673,301	673,301	(448,346)
NET INCOME/(EXPENDITURE)						(4,129)	659,177	655,048	(460,315)
Reconciliation of		funds
Total funds	brought		forward			25,801	2,300,110	2,325,911	2,786,226
Total funds	carried		forward			21,672	2,959,287	2,980,959	2,325,911

T	h Gld ddh	h Gld ddh	lhl T
	Balance		Sheet
	~th A	r~il	021
				2021	2020
	Notes				8
Fixed assets
Investments				2,858,920	2,281,839
Current assets
Debtors Cash at bank				128,676	2,374 47,718
				128,676	50,092
Creditors
Amounts falling due within one year				(6,637)	(6,020)
Net current assets				122,039	44,072
Total assets less current liabilities				2,980,959	2,325,911
NET ASSETS				2,980,959	2,325,911
Funds
Unrestricted funds:
Income Fund				21,672	25,801
Restricted funds:
Capital Fund				2,959,287	2,300,110
Totalfunds				2,980,959	2,325,911


Comparatives for	the statement		offinancial activities
				Unrestricted	Restricted	Total
				fund	fund	funds
				F	6	6
Income and endowments		from
Investment income				70,620		70,620
Expenditure on
Charitable activities
Grants awarded				65,750		65,750
Governance costs				2,940	13,899	16,839
Total				68,690	13,899	82,589
Net gains/(losses)	on investments				(448,346)	(448,346)
NET INCOME/(EXPENDITURE)				1,930	(462,245)	(460,315)
Reconciliation of	funds
Total funds brought forward				23,871	2,762,355	2,786,226
Total funds carried forward				25,801	2,300,110	2,325,911

					Listed
					investments
					E
	Market value
	At 6th April 2020				2,281,839
	Additions				80,837
	Disposals				(100,204)
	Revaluations				596,448
	At 5th April 2021				2,858,920
	Net book value
	At 5th April 2021				2,858,920
	At 5th April 2020				2,281,839
	There were no investment		assets outside the UK.
				2021	2020
				E	E
	Market value			2,858,920	2,281,839
	Cost			1,825,834	1,845,201
6.	Debtors: amounts	falling	due within one year
				2021	2020
				E	E
	Other debtors				2,374
7.	Creditors: amounts	falling due within one year
				2021	2020
				E	E
	Other creditors			6,637	6,020

	Analysi	s o	f	net assets between	funds
							2021	2020
					Unrestricted	Restricted	Total	Total
					fund	fund	funds	funds
						8	f	6
	Investments					2,858,920	2,858,920	2,281,839
	Current	assets			24,612	104,064	128,676	50,092
	Current	iiabiiihes			(2,940)	(3,697)	(6,637)	(6,020)
					21,672	2,959,287	2,980,959	2,325,911
9.	Movement		in	funds
							Net
							movement	At
						At 6.4.20	in funds	5.4.21
							8	6
	Unrestricted			funds
	Income	Fund				25,801	(4,129)	21,672
	Restricted funds
	Capital	Fund				2,300,110	659,177	2,959,287
	TOTAL	FUNDS				2,325,911	655,048	2,980,959
	Net movement			in funds, included	in the above are as follows:
					Incoming	Resources	Gains and	Movement
					resources	expended	losses	in funds
						F		8
	Unrestricted			funds
	Income	Fund			71,619	(75,748)		(4,129)
	Restricted funds
	Capital	Fund				(14,124)	673,301	659,177
	TOTAL	FUNDS			71,619	(89,872)	673,301	655,048

Comparatives	for movement in funds
			Net
			movement	At
		At 6.4.19	in funds	5.4.20
		E	E	E
Unrestricted	funds
Income Fund		23,871	1,930	25,801
Restricted funds
Capital Fund		2,762,355	(462,245)	2,300,110
TOTAL FUNDS		2,786,226	(460,315)	2,325,911

Comparative	net movement in funds	, induded in the above are a	s follows
		incoming	Resources	Gains and	Movement
		r'esoufces	expended	losses	in funds
		F	E	E	E
Unrestricted	funds
Income Fund		70,620	(68,690)		1,930
Restricted funds
Capital Fund			(13,899)	(448,346)	(462,245)
TOTAL FUNDS		70,620	(82,589)	(448,346)	(460,315)

			Th	Th	Ql d	ddh	hl	T	t
			D t	ll	dhddtttt		F	til	tl d
				for the		ear ended	5th+~rjl 2021
										2021	2020
										E	6
Income and endowments
Investment income
Investment income										71,619	70,620
Total incoming resources										71,619	70,620
Expenditure
Charitable activities
Grants to institutions										73,828	65,750
Supportcosts
Governance costs
Accountancy fees										1,920	2,940
Investment manager's		fees								14,124	13,899
										16,044	16,839
Total resources expended										89,872	82,589
Net expenditure before		gains and losses								(18,253)	(11,969)
Net gains and losses
Unrealised gains/(losses)			on fixed asset
investments										596,448	(497,889)
Realised gain/(losses)	on		fixed asset
investments										76,853	49,543
Net income/(expenditure)										655,048	(460,315)