2022-03-31-accounts - The 3 Ts Charitable Trust

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		Page
General information
Report ofthe trustees		3-5
Statement oftrustees'	responsibilities
Independent auditors'	report	7-10
Statement offinancial	activities
Balance sheet		12
Cashflow		13
Accounting policies		14 - 15
Notes to the financial	statements	16-21

						Unrestricted	Expendable	Total	Tete	I
						Income	endowment	this year	ias(3	year
					Note	Fund	Fund	31.03.22	3t.3.2'i
Income resources
Voluntar)7 Income
Donations							1,261,111	1,261,111		1,379,280
Gift aid including refunds							375,000	375,000
Investment income					1	175,630	5,159	180,789		167,660
Total Incoming recourses						176,630	1,641,271	1,616601		1,546,939
Resources expended
Cost ofgenerating funds
Investment management	costs						105,371	105,371		91,319
Charitable activities
Grants and donations paid		out			3	1,643,009		1,643,009		1,540,090
Governance cost
Trust accounting/tax claims		fess			4	9,128		9,128		8,579
Non-recoverable Income	tax
Total resources expended						1,652,138	105,371	1,757,509		1,639,987
Net incoming/(outgoing)		resources				(1,476,508)	1,535,899	59,391		(93,049)
before transfers
Gross transfers between	funds				5	1,476,508	(1,476,508)
Net income/(outgoing)	resources before
other recognised gains	and		losses				59,391	59,391		(93,049)
Other recognised gains	and		losses
(Losses)/gains on investment			assets				585,160	585,160		2,147,603
Net movements in funds							644,551	644,551		2,054,554
Fund balance brought forward			at 31 March 2021				13,002,616	13,002,616	10,998,062
	(as previously			reported)
Prior period adjustment										(50,000)
Fund balance carried forward at 31				March 2022			13,647,167	13,647,167	13,002,616
						11

					Unrestricted	Expendable
					Income	Endowment	Total	Total
					fund	Fund	this year	last year
							31.3.22	31.3.2 I
				Note	f
Fixed assets
Investment	at market value					15115329	15115329	'13607214
Current assets
Debtors				7	3,350	75,000	78,350	7,801
Cash at bank					8,350	28,602	36,952	12,939
Creditors: amounts		falling due within one year		8	(11,700)	(616,764)	(628,464)	(325,340)
Net current	assets					~573,762	~573,762	~304,600
Total assets lese current liabilities						14,602,167	14,602,167	13,302,616
Creditors: amounts		falling due after one year		9		(955,000)	(955,000)	(300,000)
Net Assets						13,647,167	13,647,167	13,002,616
Funds
Expendable	endowment		fund				13,647,167	13,002,616
Unrestricted	income	fund
							13647,167	13,002,616

			Note	31.3.22
Net Income/(deficit) for the year				59,391	(93,049)
Adjustments for
Interest and dividends				(180,789)	(167,660)
Decrease/(Increase) in debtors				(70,549)	9,611
increase in creditors				958,124	544,040
Cash flows from operating	activities			766,177	292,942
Cash flows from investing	activities
Interest and dividends				180,789	167,660
Proceeds from sale of investments				4,718,654	7,995,934
Purchase of investments				(6,219,257)	(7,780,818)
Net cash used by investing	activities			(1,319,814)	382,776
Change in cash and cash equivalents				(553,636)	675,718
Cash and cash equivalents	brought	forward		1,235,484	559,766
Cash and cash equivalents	carried forward		12	681,848	1,235,484

												31.3.22	3103.21
												E	E
1 Investment income
UK Income	Interest											10,178	19,974
	Dividends											21,710	43,149
	Accumulated			Dividends			—Expendable			endowment		2,861	1,062
	Property											21,832	24,200
Overseas Income	Interest											48,417	38,722
	Excess reportable					income		—Expendable			endowment	2,298	4 595
	Dividends											73,493	35,958
	Property
Investment income is unrestricted					unless otherwise				stated			180,789	167,660
2 Raising Funds
Portfolio management Less repaid commission												107,733 ~2362	91,319
												105,371	91,319
3 Grants made
The total grants made to			institutions		during		the	years	was	as	follows:
Medecins San Frontieres												190,000	140,000
Supporting Dalit Children												50,000	25,000
Marie Curie Cancer	Care											130,000	125,000
Mary's Meals												105,000	50,000
St Mungo's												105,000	75,000
Breast Cancer Now												20,000	20,000
Prostate Cancer UK												140,000	20,000
Young minds												75,000	15,000
Fair Trials International												55,000	10,000
St Giles Trust												85,000	40,000
Hardman Trust												70,000	10,000
Anne Robson Trust												55,000	15,000
Mind												130,000	100,000
Royal Botanic Gardens		Kew											30,000
Unitas Youth Zones													150,000
Isabel Hospice													6,543
The London Community		Foundation											60,000
Herts Young Homeless												60,000	30,000
Hertfordshire Community			Foundation										30,000
Big Issue Foundation												45,000	50,000
Unitas Youth Zones													25,000
												Notes continued over

			31.3.22	31 0321
			8	8
Grants made....continued
Book Beyond Words				16,000
Unlock			10,000	10,000
Sidney Sussex	College			50,000
Harvard Business School				21,000
Cerabral Palsy	Alliance Reseach		509	547
APOPO				10,000
Footsteps Foundation				1,000
SCI Foundation			190,000	40,000
Himalayan Trust				45,000
Tottenham FC				45,000
Royal Marsden				60,000
Home Start Herts				90,000
Books Beyond Words				25,000
Kew				100,000
Tree Aid			25,000
Arrhythmogenic	Cardiomyopathy		500
Envision			1,000
The Haileybury	Youth Trust		5,000
Macmillian Cancer Support			5,000
John Clemments	Sports &Community	Trust	1,000
Isobel Hospice	Ltd		50,000
Haileybury Youth Trust			20,000
Samaritans			20,000
			1,643,009	1,540,090

							2022f	2021f
5 Analysis of	Funds			At	Income	Expenditure	Gains losses	At
				01-Apr-21			&transfers	31-Mar-22
				restated
				f	f	f	f
Unrestricted	income funds				175,630	(1,652,138)	1,476,508
Expendable	endowment	funds		13,002,616	1,641,271	(105,371)	(891,348)	13,647,167
				13,002,616	1,816,901	~7,757 509	585,160	13,647,167
				At	Income	Expenditure	Gains losses	At
				01-Apr-20 f	f	f	8 transfers f	31-Mar-21 f
Unrestricted	income funds			(36,867)	162,003	(1,548,669)	1,423,533
Expendable	endowment	funds		10,984,928	1,384,937	(91,319)	724,070	13,002,616
				10,948,062	1,546,940	/11639 988	2,147,603	13,002,616
6 Market value
Carry (market) value at		beginning		ofyear			12,384,669	10,452,182
Add Additions	at cost						6,219,257	7,780,818
Less disposals at carry		value					(4,718,654)	(7,995,934)
Add/(deduct)	net gain/(loss)		on revaluation				585,160	2,147,603
Carry (market) value at		end ofyear					14,470 432	12,3111669
Shares							14,470,432	12,384,669
Portfolio Cash							644,897	1,222,545
							15,115,329	13,607214
Realised gains/(loss)							499,123	611,880
Unrealised gains/(loss)		on revaluation					86,037	1,535,723
							585,160	2,147603

						, 585,160	,, 2,147603
	The historic		cost ofthese investments		was f12,321,275(2021:f10,563,519)
7	Debtors
	Prepayments		and accrued income			3,350	7,801
	Gift aid	refunds				75,000
						78,350	7,801
8	Creditors: amount falling due within				one year
	Accruals	and	deferred	income		38,464	35,340
	Donation	commitments				590,000	290,000
						628,464	325,340
					18

	Donation commitments			955,000	300,000
				955,000	300,000
10	Analysis of Net Assets between funds
	Fund balances as at 31 March 2022 are represented	by:		Expendable
			Unrestricted	endowment	Total
			Funds	Funds	Funds
			f		8
	Fixed assets			15,115,329	15,115,329
	Current assets		11,700	103,602	115,302
	Current liabilities		(11,700)	(616,764)	(628,464)
	Non-current liabilities			(955,000)	(955,000)
	Total net assets			13,647,167	13,647,167


Fund balances as at 31 March 2021 are represented	by:		Expendable
		Unrestricted	endowment	Total
		Fundsf	Fundsf	Fundsf
Fixed assets			13,607,216	13,607,216
Current assets		11,160	9,580	20,740
Current liabilities		(11,160)	(314,180)	(325,340)
Non-current liabilities			(300,000)	(300,000)
Total net assets			13002 616	13002 616

12	Analysis	ofcash and	ofcash and	cash equivalents				2022	2021
								E
	Cashin	hand						36,952	12,939
	Cash held within		investments				644,896		1,222,545
							681,848		1,235,484
13	Analysis	ofchanges		in net debt
					At 1 April	Cash flows	Other	non-	At 31 March
					2021		cash		2022
							Changes
							F
	Cash				12,939	24,013			36,952
	Cash equivalents				1,222 545	577,649			644,896
					1,235,484	(553,636)			681,848
	Loans falling due		within	one year
	Finance	lease obligations
					1,235,484	553636			681,848

St Giles Trust		75,000
St Mungo's		105,000
Young Minds		60,000
Prostate Cancer UK		105,000
SCI Foundation		150,000
Herts Young Homeless		60,000
Hardman Trust		60,000
Marie Curie		105,000
Fair Trials International		45,000
Mary's Meals		105,000
Mhdecins san Frontihres		150,000
Anne Robson Trust		45,000
Big Issue Foundation		45,000
Mind		105,000
Dalit Children		30,000
		1,245,000
Add pre-existing	commitments	300,000
		1,545,000

Year	ended	31	March	2023	590,000
Year	ended	31	March	2024	545,000
Year	ended	31	March	2025	410,000
					1,545,000

In the same period the trustees as shown below:	made	cash disbu	rsements against grant	commitments of
Unitas Youth Zones			50,000
RBG Kew - Friend &Supporters			60,000
Tottenham Hotspur Foundation			15,000
Himalayan Trust UK			15,000
Home Start Hertfordshire			30,000
Royal Marsden Cancer Charity			20,000
St Mungo's			25,000
Herts Young Homeless			15,000
Mary's Meals			25,000
Big Issue			10,000
Books Beyond Words			25,000	290,000
Grants paid in year:
Medecins San Frontieres			40,000
Supporting Dalit Children			20,000
Marie Curie Cancer Care			25,000
Breast Cancer Now			20,000
Prostate Cancer UK			35,000
Young Minds			15,000
Fair Trials international			10,000
St Giles Trust			10,000
Hardman Trust			10,000
Anne Robson Trust			10,000
Mind			25,000
Unlock			10,000
Cerebral Palsy Alliance Research			509
SCI Foundation			40,000
Tree Aid			25,000
Arrhythmogenic Cardiomyopathy			500
Envision			1,000
Haileybury Youth Trust			5,000
Macmillan Cancer Support			5,000
John Clemments Sports &Community		Trust	1,000
Isobel Hospice Ltd			50,000
Haileybury Youth Trust			20,000
Samaritans			20,000	398,009
Total grants made and disbursed	in year			688,009