## ## ## ||||||Page| |---|---|---|---|---|---| |Reference and administrative
details ofthe Charity, its Trustees and advisers|||||| |Trustees'
report|||||2-3| |Trustees'
responsibilities
statement|||||| |Independent
auditors'|report on the financial statements||||5-8| |Statement offinancial|activities||||| |Balance sheet|||||10| |Statement
ofcash flows|||||| |Notes to the financial|statements||||12-24| |The following
pages do|not form part ofthe|statutory|financial|statements:|| |Charity Detailed income and expenditure||account|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Endowment|Total|Total| |---|---|---|---|---|---|---| ||||funds|funds|funds|funds| ||||2021|2021|2021|2020| |||Note|E|E|E|6| |Income and endowments||from:||||| |Investments|||53,418||53,418|176,031| |Other income|||88,361||88,361|20,129| |Total income and|endowments||141,779||141,779|195,160| |Expenditure
on:||||||| |Chadtable
activities:||||||| |Grant making|||762,991|425,722|1,188,713|1,419,158| |Total expenditure|||762,991|425,722|1,188,713|1,419,158| |Net expenditure|||(621,212)|(425,722)|(1,046,934)|(1,222,998)| |Transfers between|funds|13|621,212|(621,212)||| |Net movement
in funds before other
recognised
gains/(losses)||||(1,046,934)|(1,046,934)|(1,222,998)| |Other recognised|gains/(losses):|||||| |Net gain/(losses)
on investments||||24,630,245|24,630,245|(6,901,530)| |Net foreign exchange (losses)/ gain on
investments||||(4,681,013)|(4,681,013)|2,423, 756| |Net movement
in|funds|||18,902,298|18,902,298|(5, 700,772)| |Reconciliation
of|funds:|||||| |Total funds brought|forward|||45,482,227|45,482,227|51,182999| |Net movement
in funds||||18,902,298|18,902,298|(5, 700,772)| |Total funds carried forward||||64,384,525|64,384,525|45,482,227| |The Statement
offinancial||activities includes|all gains and losses|recognised
in the year.||| ## ||||BALANCE SHEET|BALANCE SHEET|||| |---|---|---|---|---|---|---|---| ||||AS AT 5 APRIL 2021||||| ||||||2021||2020| ||||Note||6||| |Fixed assets|||||||| |Investments|||||50,748,223||43,316,557| ||||||50,746,223||43,316,567| |Current assets|||||||| |Debtors|||10|22,962||1,133,995|| |Cash at bank|and in|hand||13,670,436||1,790,694|| |||||13,693,398||2,924,689|| |Creditors: amounts
year||falling due within one|11|(57,096)||(759,029)|| |Net current|assets||||13,636,302||2,165,660| |Total assets|less current liabilities||||64,384,525||45,482, 227| |Total net assets|||||64,384,525||45,482,227| |Charity funds|||||||| |Endowment|funds||13||64,384,525||45,482 227| |Unrestricted|funds||13||||| |Total funds|||||64384525||45,482,227| |||||||||2021|2020| |---|---|---|---|---|---|---|---|---|---| ||||||||Note|5|| |Cash flows from operating||activities|||||||| |Net cash|used in operating|activities|||||15|(1,395,389)|(760,537)| |Cash flows from investing||activities|||||||| |Dividends|and interest
from|investments||||||52,556|161,447| |Proceeds|from sale of investments|||||||51849065|| |Purchase|of investments|||||||(38,220,456)|(10)| |Interest received||||||||862|14,584| |Net cash|provided
by investing
activities|||||||13,682,027|176,021| |Change|in cash and cash|equivalents||in the year||||12,286,638|(584,616)| |Cash and|cash equivalents|at the beginning|||ofthe year|||1,790,694|2,375,310| |Change
in cash and cash equivalents|||due to exchange|||rate movements||(406,896)|| |Cash and cash equivalents||at the end||of|the year||16|13,670,436|1,790,694| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||Unrestricted|Total|Total| |---|---|---|---| ||funds|funds|funds| ||2021|2021|2020| |||E|| |Income from UK listed investments|52,556|52,556|161,447| |Bank interest receivable|862|862|14,584| ||53,418|53,418|176,031| |Total2020|176,031|176031|| ## ## |||Unrestricted|Total|Total| |---|---|---|---|---| |||funds|funds|funds| |||2021|2021|2020| ||||E|| |Foreign exchange|gains|||20,129| |Gift aid receivable||88,361|88,361|| |||88,361|88,361|20,129| |Total2020||20,129|20,129|| ## ## ## |||Grant|||| |---|---|---|---|---|---| |||funding
of
activities|Support
costs|Total
funds|Total
funds| |||2021
6|2021|2021|2020f| |Grant|making|728,400|460,313|1,188,713|1,419,158| |Total|2020|1,376,699|42459|1,419,158|| |Analysis ofsupport costs|Analysis ofsupport costs|||| |---|---|---|---|---| |||Grant|Total|Total| |||making|funds|funds| |||2021|2021|2020| ||||6|6| |Accountancy|fees|6,965|6,965|10,127| |Auditors
remuneration||5,640|5,640|5,190| |Professional|costs|21,986|21,986|17,666| |Bank charges||18,826|18,826|9,475| |Foreign exchange losses||406,896|406,896|| |Total 2021||460,313|460,313|42459| |Total 2020||42459|42,459|| ## ## ||||||||2021
6|2020f| |---|---|---|---|---|---|---|---|---| |Grants to institutions|||||||728400|1376699| ||||||||728,400|1,376,699| |The total grants paid to institutions||||during||the year was as follows:||| ||||||||2021|2020| ||||||||E|| |Community|development|||||||| |Busoga Trust
COESA|||||||253,000|330,000
24,499| |Health and|welfare|||||||| |Acorns Children's
Hospice||Trust|||||20,000|20,000| |Centrepoint|Soho||||||28600|26000| |Helen and Douglas House|||||||18,700|17,000| |NSPCC|||||||18,700|17,000| |Royal British Legion
Shelter|||||||6,600
17,600|6,000
16,000| |The Trussell|Trust||||||100,000|| |Environment|and heritage|||||||| |The Woodland
Trust|||||||16,500|15,000| |Education||||||||| |St Edmund|Hall - Emergency||Building||Repair Appeal 2020||107,700|| |St Edmund|Hall - Student|Recruitment/Data||||Analyst|50,000|50,000| |St Edmund|Hall - Tutorial|Fellowship||||||697,700| |The King's School Worcester|||—Bursary||Funds||91,000|157,500| ||||||||728,400|1,376,699| ## ## ## ## ||||||2021|2020| |---|---|---|---|---|---|---| ||||||6|| |Fees payable
accounts|to the Charity's|auditor|for ihe audit of the Charity's|annual|5,640|5,190| |Fees payable
Accountancy|to the Charity's
services|auditor|in respect of:||3,930|3,930| |All non-audit|services not included
above||||4,320|| ## |Fixed asset investments|||| |---|---|---|---| ||Listed|Unlisted|| ||investments|investments|Total| ||6|6|6| |Cost or valuation|||| |At 6 April 2020|3,348,064|39,968,503|43,316,567| |Additions||38,220,456|38,220,456| |Disposals
Revaluations|(3,348,064)|(32,932,972)
5,492,236|(36,281,036)
5,492,236| |At 5April 2021||50,748,223|50,748,223| ## ## |The following|investments|were unlisted
outside the UK||| |---|---|---|---|---| ||||2021f|2020
8| |Market value at 6 April 2020|||38,203,929|42 889,044| |Net unrealised|investment|gain/(loss)|5,323,983|(4,585,115)| |Additions|||38,220,456|| |Disposals|||(32,932,972)|| ||||48,815,396|38,203,929| |Historical cost|at 5 April 2021||43,417,696|37,931,911| ## |Debtors||| |---|---|---| ||2021|2020| ||F|| |Due within one year||| |Other debtors|22,962|1,133,995| ||22,962|1,133,995| ## ## ## |2021
6|2020f| |---|---| |57,096|759,029| ## |Financial|instru|ments||||||||| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||2021f|2020| |Financial|assets|||||||||| |Financial|assets|measured|at|fair|value|through|the|SoFA|50,746,223|43,316,567| ## ## ## ## ## |Statement
of fu|nds - prior year|||||| |---|---|---|---|---|---|---| ||Balance at
1April 2019
E|Income
f|Expenditure|Transfers
inlout
8|Gainer
(Losses)|Balance at
5April 2020
5| |Unrestricted||||||| |funds||||||| |Unrestricted||||||| |income fund||196,160|(1,409,682)|1,213,522||| |Endowment||||||| |funds||||||| |Endowment
Fund|51,182999||(9,476)|(1,213,522)|(4477774)|45482227| |Total of funds|51,182,999|'I96,160|(1,419,158)||(4,477,774)|45,482227| ||Unrestricted|Endowment|Total| |---|---|---|---| ||funds|funds|funds| ||2021|2021|2021| ||6|E|6| |Fixed asset investments||50,748,223|50,748,223| |Current assets|57,096|13636302|13,693,398| |Creditors due within one year|(57,096)||(57,096)| |Total||64,384,525|64,384,525| ## ## ||Analysis
of net|as|sets betw|een
f|unds - prior year|||| |---|---|---|---|---|---|---|---|---| |||||||Unrestricted|Endowment|To/a/| |||||||funds|funds|funds| |||||||2020
f|2020
f|2020f| ||Fixed asset investments||||||43,316,567|43,316,567| ||Current assets|||||759,029|2,165,660|2,924,689| ||Creditors due within||one year|||(759,029)|-|(759,029)| ||||||||45,482 227|45,482,227| ||Total|||||||| |15.|Reconciliation|of net movement|||in funds to net cash flow from operating||activities|| ||||||||2021f|2020f| ||Net expenditure|for|the year (as per Statement of Financial|||Activities)|(1,046,934)|(1,222 998)| ||Adjustments
for:|||||||| ||Dividends,
interests||and rents|from|investments||(53,418)|(176,031)| ||Increase/(decrease)||in creditors||||(701,933)|638,392| ||Loss on foreign|exchange|||||406,896|| ||Net cash used|in operating||activities|||(1,395,389)|(760,637)| |16.|Analysis ofcash and cash equivalents|||||||| ||||||||2021|2020| ||Cash
in hand||||||13,670,436|1,790,694| ||Total cash and|cash equivalents|||||13,670,436|1,790,694| ## ## ## ## ## ##