2021-01-31-accounts

Trustees			Deborah Jane	Cox
			lan Henry Ross
			Kenneth George Armis
Charity number			1101771
Principal	address		Onslow House
			Onslow Street
			Guildford
			Surrey
			GU1 4TL
Accountants			Smith Et Williamson		LLP
			Accountants
			Onslow House
			Onslow Street
			Guildford
			Surrey
			GU1 4TL
Independent		examiner	Jeffrey Selden	FCA
			Smith Et Williamson		LLP
			Accountants
			Onslow House
			Onslow Street
			Guildford
			Surrey
			GU1 4TL
Bankers			HSBC
			8 Canada Square
			London
			E14 5HQ
Investment		advisors	Charles Stanley	BCo. Limited
			55 Bishopgate
			London
			EC2N 3AS
			Quilter Cheviot	Limited
			Senator House
			85 Queen Victoria Street
			London
			EC4V 4AB

			Page
Trustees' report			1-4
Independent	examiner's	report
Statement of	financial	activities
Balance sheet
Notes to the accounts			8-14

			Unrestricted	Endowment	Total	Total
			funds	funds	2021	2020
		Notes	E	E	E	E
Income
Income from raising funds:
Investment income			47,560		47,560	60,895
Total income			47,560		47,560	60,895
Expenditure
Costs of raising funds:
Investment management	fees			30,751	30,751	36,776
Expenditure on charitable	activities		177,592		177,592	168,896
Total expenditure			177,592	30,751	208,343	205,672
Transfers between funds			350,000	(350,000)
Net income/(expenditure)	before gains on
investments			219,968	(380,751)	(160,783)	(144,777)
Net gains on investments				89,636	89,636	211,977
Net movement in funds			219,968	(291,115)	(71,147)	67,200
Total funds brought forward			(200,223)	2,657,146	2,456,923	2,389,723
Total funds carried forward			19,745	2,366,031	2,385,776	2,456,923

									2021		2020
							Notes		E		E
Fixed assets
Investments									2,306,155		2,327,838
Current assets
Cash at bank		and in	hand					219,895		179,085
Liabilities
Creditors:	amounts		falling		due	within	9
one year								(60,274)		(50,000)
Net current		assets							159,621		129,085
Creditors:	amounts		falling		due	after	10
more than one year								(80,000)
Net assets									2,385,776		2,456,923
Other funds
Unrestricted		income	funds						19,745		(200,223)
Expendable	endowment			funds					2,366,031		2,657,146
Total charity		funds							2,385,776		2,456,923

		2021	2020
		E	E
Dividends		47,498	60,664
Bank interest	receivable	62	231
		47,560	60,895

3	Total expenditure	Total expenditure	Total expenditure
						2021	2020
						E	E
	Costs of raising		funds:
	Investment	management		fees		30,751	36,776
						30,751	36,776
	Expenditure	on	charitable		activities:
	Grants payable		(note 4)			170,486	162,315
						170,486	162,315
	Support costs:
	Governance	costs (note		5)		7,000	6,450
	Bank charges					106	69
	Trustees' fees						62
						7,106	6,581
						208,343	205,672

										2021	2020
										E	E
	Angels international									19,486	118,823
	Springboard									120,000
	Strongbones	Children's		Charitable		Trust					22,294
	Tatirano Social Enterprise,				Madagascar					21,000	21,198
	Blind Veterans UK									10,000
										170,486	162,315
	Reconciliation of		grants payable
	Commitments	charged		to the statement			offinancial		activities	170,486	162,315
	Grants paid	during	the	year						(76,986)	(227,315)
	Commitments	at 1	February		2021					40,000	105,000
	Commitments	at 31 January			2021					133,500	40,000
	Commitments	at 31 January			2021	are payable		as follows:
	Grants due within		one	year						53,500	40,000
	Grants due after more			than	one year					80,000
										133,500	40,000
5	Governance	costs
										2021	2020
										E	E
	Independent	examiner's		fees						2,400	2,400
	Accountancy	fees								4,600	4,050
										7,000	6,450

8	Fixed asset investments						2021	2020
							E	E
	Balance brought forward	at cost at		1 February 2020			2,327,838	2,236,080
	Acquisitions at cost						369,603	349,733
	Disposals at opening value						(411,257)	(442,296)
	Change in value in the year						19,971	184,321
	Market value at 31 December		2021				2,306,155	2,327,838
	Proceeds from sales of	investments					480,922	469,952
	Disposals at opening value						(411,257)	(442,296)
							69,665	27,656
	All investments are held	to provide		an investment	return.
	No single investment exceeded		5%of the total investment			value (2020: nil)
	Analysis of investments	by category of holding
	Fixed interest						364,639	399,706
	Equities						1,349,842	1,529,378
	Alternative investments						591,673	398,754
							2,306,155	2,327,838
	Analysis ofinvestments	by location
	Investments held in the	UK					1,235,019	1,358,456
	investments held outside	the UK					1,071,136	969,382
							2,306, 155	2,327,838

			2021	2020
			E	E
	Accruals		6,774	10,000
	Grants payable (see	note 4)	53,500	40,000
			60,274	50,000
10	Creditors: amounts	falling due after more than one year
			2021	2020
			E	E
	Grants payable (see	note 4)	80,000
			80,000

11 Fund analysis	11 Fund analysis
							Net
						Fixed	current	Fund
						assets	assets	balance
						E	E	E
Expendable	endowment	funds				2,306,155	59,876	2,366,031
Unrestricted	income funds						19,745	19,745
						2,306,155	79,621	2,385,776
							Transfer	Balance
		Balance at				Gains on	between	at 31
		1 February	Income	Expenditure	investments		funds	January
		2020						2021
		E						E
Expendable	endowment
funds		2,657,146		(30,751)		89,636	(350,000)	2,366,031
Unrestricted	income
funds		(200,223)	47,560	(177,592)			350,000	19,745
Total funds		2,456,923	47,560	(208,343)		89,636		2,385,776