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|---|---|---|---|---|
|Reference and Administrative||Details ofthe Company,|its Trustees and Advisers||
|Trustees' Report||||2-5|
|Independent<br>Auditors'|Report|on the Financial Statements||6-9|
|Statement ofFinancial|Activities|||10|
|Balance Sheet||||11-12|
|Statement ofCash Flows||||13|
|Notes to the Financial|Statements|||14-21|





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|||||2022|2021|
|---|---|---|---|---|---|
|||||6|E|
|Cash flows from operating|activities|||||
|Donations<br>received||||979,965|361,969|
|Donations<br>paid||||(526,752)|(786,548)|
|Staffcosts||||(2,563)|(1,631)|
|Interest paid||||(5,563)|(2,144)|
|Governance<br>costs||||(19,806)|(10,237)|
|Other creditors|||||(99,310)|
|Foreign exchange||||47,436|26,623|
|Net cash (used in) from operating<br>activities||||472,717|(51,277)|
|Cash flows from investing|activities|||||
|Interests<br>from investments||||34,565|12,908|
|Proceeds from sale of investments||||12,318,310|10,290,548|
|Purchase<br>of investments||||(12,939,329)|(9,573,892)|
|Net cash (used in)/provided|by|investing|activities|(586,454)|729,564|
|Net cash provided<br>by financing||activities||||
|Change<br>in cash and cash|equivalents<br>in||the year|(113,737)|218,286|
|Cash and cash equivalents|at the|beginning|ofthe year|601,705|383,419|
|Cash and cash equivalents|at the end of||the year|487,968|601,705|
|The notes on pages 14to 21 form||part ofthese financial statements||||





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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022|2022|2021|
|||E|E|E|
|Staff salaries||89,079|89,079|65,503|
|Staff national|insurance|2,481|2,481|2,507|
|Staff pension|costs|1,231|1,231|715|
|I oan interest||4,696|4,696|2,144|
|Foreign exchange||(47,435)|(47,435)|(24,270)|
|Computer expense||824|824|1,254|
|Bank charges||1,022|1,022|3,103|
|Audit fees||3,420|3,420|4,740|
|Travel||4,771|4,771||
|Advertising||6,589|6,589|1,664|
|Staff Recruitment||5,400|5,400||
|||72,078|72,078|57,360|



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||||Other fixed||
|---|---|---|---|---|
||Listed|Unlisted|asset||
||investments|investments|investments|Total|
||E|E|E|E|
|Cost or valuation|||||
|At 1 January 2022|8,234,971|1,067,400|99,597|9,401,968|
|Additions|2,407,132||3,213,088|5,620,220|
|Disposals|(98,297)||(3,312,686)|(3,410,983)|
|Revaluations|412,016|||412,016|
|At 31 December 2022|10,955,823|1,067,400||12,023,223|
|Net book value|||||
|At 31 December 2022|10,955,823|1,067,400||12,023,223|
|At 31December 2021|8,234,971|1,067,400|99,597|9,401,958|



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||2022|2021|
|---|---|---|
||E|E|
|Due within one year|||
|Accrued income|5,808|9,680|
|Tax recoverable|175,000|143,125|
||180,808|152,805|





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|Pension|fund payable||
|---|---|---|
|Other creditors|||
|Accruals|and deferred|income|




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|Stateme|nt of|funds - current ye|ar|||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||Balance at 1||||31|
||||January|||Gains/|December|
||||2022<br>E|Income<br>6|Expenditure<br>6|(Losses)<br>6|2022f|
|Unrestricted||funds||||||
|General|Funds - all funds||9,665,754|3,099,080|(598,830)|393,570|12,559,574|
|Statement of||funds - prior year||||||
||||||||Balance at|
||||Balance at||||31|
||||1January|||Gainer|December|
||||2021<br>6|Income<br>f|Expenditure<br>6|(Losses)<br>6|2021<br>E|
|Unrestricted||funds||||||
|General|Funds - all funds||10008 087|433 900|(843908)|67675|9665,754|





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|Analysis of net assets between funds - current ye|ar||
|---|---|---|
||Unrestricted|Total|
||funds|funds|
||2022<br>6|2022f|
|Fixed asset investments|12,023,223|12,023,223|
|Current assets|668,776|668,776|
|Creditors due within one year|(132,425)|(132,425)|
|Total|12,559,574|12,559,574|





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|Analysis of net assets between funds (continued)<br>Analysis of net assets between funds - prior year|||
|---|---|---|
||Unrestncted|Total|
||funds|funds|
||2021<br>E|2021f|
|Fixed asset investments|9,401,969|9,401,969|
|Current assets|754,510|754,510|
|Creditors due within one year|(490,725)|(490,725)|
|Total|9,665,754|9,665,754|



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