## 



## 

## 

|Trustees|||Douglas Miller||
|---|---|---|---|---|
||||Luciano Balbo||
||||Stephen Dawson||
||||Audrey Miller||
||||Eric Miller||
||||Jodi Minots||
|Secretary|||Douglas Miller||
|Charity number|||1105785||
|Company|number||05018032||
|Registered||office|Quadrant<br>House - Floor 6||
||||4 Thomas More Square||
||||London||
||||E1%'1YW||
|Independent||examiner|UHY Hacker Young||
||||Quadrant<br>House||
||||4 Thomas More Square||
||||London||
||||E1W 1YW||
|Bankers|||HSBC Bank Plc||
||||Church Street||
||||Weybridge||
||||Surrey||
||||KT138DF||
|Investment||advisors|Merrill Lynch,|Pierce, Fenner 4 Smith Incorporated|
||||One Federal Street, 24th Floor||
||||Boston||
||||Massachusetts|02110|
||||USA||





## 

## 




## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2022|2021|
|||Notes|||
|Income from:|||||
|Donations<br>and|legacies|||10,478,025|
|Investments|||93,387|7,118|
|Total income|||93,387|10,485,143|
|Ex enditure on:|||||
|Raising funds|||61,406|5,645|
|Charitable<br>activities|||700,007|680,250|
|Total resources expended|||761,413|685,895|
|Net (losses)/gains<br>on investments|||(376,555)|87,051|
|Net movement|in funds||(1,044,581)|9,886,299|
|Fund balances|at 1 July 2021||10,246,614|360,315|
|Fund balances|at30June 2022||9,202,033|10,246,614|





## 

## 

## 

||||2022||2021|
|---|---|---|---|---|---|
|||Notes|f.|||
|Fixed assets||||||
|Investments||10||7,868,171|8,212,745|
|Current assets||||||
|Debtors falling due|after one year||12,000||12,000|
|Debtors falling due|within one year||22,507||40,000|
|Cash at bank and in|hand||1,315,847||1,988,869|
||||1,350,354||2,040,869|
|Creditors: amounts|falling due within|||||
|one year||12|(16,492}||(7,000)|
|Net current assets||||1,333,862|2,033,869|
|Total assets less current liabilities||||9,202,033|10,246,614|
|Income funds||||||
|Unrestricted<br>funds||||9,202,033|10,246,614|
|||||9,202,033|10,246,614|





## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

|Total|Unrestricted|
|---|---|
||funds|
|2022|2021|
||10,478,025|





## 

## 

## 

## 

|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2022|2021|
|Income|from listed investments|93,387|7,111|
|Interest|receivable||7|
|||93,387|7,118|



## 

||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2022|2021|
|Investment|management|charges|61,406|5,645|
||||61,406|5,645|





## 

## 

|||||2022|2021|
|---|---|---|---|---|---|
|Promotion ofventure|||philanthropy|||
|Consultancy||||82,698|232,074|
|Legal fees|||||1,680|
|Loss on foreign|exchange|||1,232|209,891|
|Bank charges||||755|683|
|Donations<br>made|to|EVPAAISBL||76,773||
|Donations toAVPN||||115,500|40,425|
|Donations to IVPC||||249,322|182,389|
|Donations toAVPA||||73,000||
|Other charitable|donations|||91,107||
|Sundry expenses|||||6,108|
|||||690,387|673,250|
|Share ofgovernance||costs (see note 6)||9,620|7,000|
|||||700,007|680,250|



|Support|c|osts|||||||
|---|---|---|---|---|---|---|---|---|
||||Support|Governance|2022|Support|Governance|2021|
||||costs|costs||costs|costs||
|Audit fees|||||||7,000|7,000|
|Accountancy||||4,220|4,220||||
|Independent||examiner's|||||||
|fees||||5,400|5,400||||
|||||9,620|9,620||7,000|7,000|
|Analysed|between||||||||
|Charitable||activities||9,620|9,620||7,000|7,000|





## 

## 

## 

## 

||||Unrestricted|Unrestricted|Unrestricted|
|---|---|---|---|---|---|
||||funds||funds|
||||2022||2021|
|Revaluation|ofinvestments||(293,164)||87,497|
|Loss on sale ofinvestments|||(83,391)||(446)|
||||(376,555)||87,051|
|Fixed asset investments||||||
|||Listed|Cash in||Total|
|||investments|portfolio|||
|Cost or valuation||||||
|At 1 July 2021||2,425,729|5,787,016||8,212,745|
|Purchases||6,133,841|(6,133,841)|||
|Sales proceeds||(1,102,845)|1,102,845|||
|Unrealised|losses|(1,240,358)|||(1,240,358)|
|Realised losses||(83,391)|||(83,391)|
|Foreign exchange differences||693,857|253,337||947,194|
|Investment|income||93,387||93,387|
|Investment|portfolio charges||(61,406)||(61,406)|
|At 30June|2022|6,826,833|1,041,338||7,868,171|
|Carrying|amount|||||
|At 30June|2022|6,826,833|1,041,338||7,868,171|
|At 30June|2021|2,425,729|5,787,016||8,212,745|





## 

## 

|11|Debtors||||
|---|---|---|---|---|
||||2022|2021|
||Amounts<br>falling due|within one year:|||
||Other debtors||22,507|40,000|
||||2022|2021|
||Amounts<br>falling due|after more than one year:|||
||Other debtors||12,000|12,000|
||Total debtors||34,507|52,000|
|12|Creditors: amounts|falling due within one year|||
||||2022|2021|
||Accruals and deferred|income|16,492|7,000|



## 

## 



## 

## 

##