2021-03-31-accounts - The Roan Charitable Trust

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		Page
Charity Information
Trustees' Report		2-4
Auditors' Report		5-7
Statement ofFinancial	Activities
Balance Sheet
Cash Flow Statement		10
Notes to the Financial	Statements	11-18

		THE ROAN CHARITABLE TRUST	THE ROAN CHARITABLE TRUST	THE ROAN CHARITABLE TRUST
		Charity Information
Charity	Number	1122g51(Registered in England)
Trustees		Lady Margaret Joan Jarvis CBE
		Mr Trevor John Swete
		Mrs Susan Mary Swete
		Mrs Amelia Jane Sugden
Address		PO Box2696
		Woodford Green
		IGS 1UF
Auditors		Somers Baker Prince Kurz LLP
		Chartered Accountants	and Chartered	Certified Accountants
		Chancellors House
		Brampton Lane
		London
		NW4 4AB
Bankers		HSBCBank Pic
		60 Queen Victoria Street
		London
		EC4N 4TR

				Statement ofFinancial Activities	Statement ofFinancial Activities
				for the year ended 31March 2021
					2021	2020
					Notes
Incoming resources
Incoming resources from		generated		funds:
Voluntary income:
Grants receivable
Investment income					214,091	283,898
Total incoming resources					214,091	283,898
Resources expended
Cost ofgenerating funds:
Investment management		costs			58,432	61,482
Charitable activities:
Grants payable					491,825	497,125
Other resources expended:
Governance costs					32,023	31,247
Total resources expended					582,280	589,854
Net expenditure before	investment		gains/gasses)		(368,189)	(305,956)
Net gains/(losses) on investments:
Realised gains/(losses) on investment			assets		626,683
Unrealised gains/(losses)	on investment			assets	918,714	(946,024
					1,545,397	(1,103,164)
Net movements in funds					1,177,208	(1,409,120)
Fund balances brought	forward				7,447,662	8,856,782
Fund balances carried forward					8,624,870	7,447,662
All funds are unrestricted.

			2021		2020
Cash Flow Statement
Net cash outflow from operating activities (note		1)	(364,576)		(307,796)
Capital expenditure aud financial investment
Purchase offixed asset investments			(5,956,022)		(4,476,285)
Proceeds from sale offixed asset investments			6,314,966		4,793,955
(Decrease)/Increase in cash in the year			(5,632)		9,874
Notes to the Cash Flow Statement
1.Reconciliation ofuet movements of	funds to net
cash outflow from operating activities
Net movement in funds			1,177,208		(1,409,120)
(Gains)/Losses on disposal offixed asset	investments		(626,683)		157,140
Unrealised (gaius)/losses on revaluation	offixed asset investments		(918,714)		946,024
Decrease/(increase) in debtors			3,244		(817)
Decrease in creditors			369		(1,023)
Net cash outflow from operating activities			(364,576)		(307,796)
2.Reconcfliation ofnet cash flow to movement		in net funds (note 3)
(Decrease)/Increase in cash in the year			(5,632)		9,874
Net funds at 1April 2020			26,487		16,613
Net funds at31March 2021			20,855		26,487
3.Analysis ofchanges in net funds
			Opening	Cash	Closing
			balance	flows	balance
					f.
Cash at bank			26,487	(5,632)	20,855


5.	Investment	income			2021	2020
	Dividends	-UK equities			143,643	178,488
	Dividends	-Foreign	equities		25,033	52,082
	Interest - Investment		and	corporate bonds, gilts and fixed interest securities	45,415	53,328
					214,091	283,898
6.	Investment	management		costs
					2021	2020
					Total	Total
	Investment	management		fees	58,432	61,482

Grants payable
			2021			2020
		No.	of	Total	No.	of	Total
		Grants		f.	Grants
During the year, the following grants were paid to registered
charities:
The Royal National Institute ofBlind People - Information,		I		75,000	I		75,000
support and advice to people with sight problems
Community Security Trust - Promoting good relations between		I		5,000	I		5,000
the Jewish Community and all other members ofsociety by
elimination ofracism in the form ofanti-semitism
Cancer Research UK - Protect and promote health ofthe public		I		100,000	2		100,000
by research into the nature, causes, diagnosis, prevention,
treatment and cure ofall forms ofcancer
Royal Opera House Covent Garden Foundation -Promoting	and	I		50,000	1		50,000
educating the public in the arts ofopera and ballet
Stroke Association - Provides support to those affected by stroke,		I		25,000	I		25,000
including families and carers
Jewish Care - Care and support to older people, holocaust		I		25,000	I		25,000
survivors, people with mental health needs, physical and sensory
disabilities in the Jewish community
REACT - Improving the quality oflife by providing basic		I		40700	1		35000
essential aid and equipment to families caring forachild living
with a life-limited illness
Guy's and StThomas' Charity - Relief ofsickness and illness	by	1		10,000
provision oftreatment and care to patients at Guy's and St
Thomas Hospoital
The Disability Foundation Limited - Reliefofpersons suffering		1		5,000	I		5,000
from any disability by providing advice, guidance, moral and
practical support for such persons, their family, carers and friends
Macmillian Cancer Support - Help improve the lives ofpeople		I		5,000	I		5,000
affected by cancer
Haven House Foundation - Cares for children and young people		1		5,000	1		5,000
with life-limiting/threatening conditions and their families by
providing respite care, community services, family support,
counselling and training to equip parents
Great Ormond Street Hospital Children's Charity - Relief of		I		20,000	I		20,000
sickness and illness by provision oftreatment and care to children
at the Great Ormond Street Hospital
Kamuli Friends - Relief ofsickness and illness by provision of					I		5,000
equipment, facilities and services at the Kamuli Hospital (Kamuli,
Uganda)

for the year ended 31M .....continued		rch	2021
					2021			2020
				No.	of	Total	No.	of	Total
				Grants			Grants
Volunteering Matters - Support communities through				I		15,000	I		15,000
volunteering
The Brooke Hospital for Animals - Relieve the suffering			of				I		10,000
working horses, donkeys and mules and improving the livelihoods
ofthe people who depend upon them
Peace Hospice Care - Operates a hospice called Peace		Hospice		1		5,000	I		5,000
Care for the provision ofspecialist palliative care
The Royal Maisden Cancer Charity - Carries out cancer	research,			I		20,000	I		20,000
diagnosis, treatment and care for its patients and cancer		patients
through the UK and worldwide
Women's Interfaith Network - Pmmotes religious harmony		for					I		10,000
public benefit by providing workshops, seminars and forming
interfaith groups within Greater London and surrounding	areas
Basingstoke and North Hampshire Medical Trust		Fund		1		10,000	I		10,000
Fundraising for the purpose ofpurchasing medical equipment			to
be used for the investigation and treatment of patients		in	the
Basingstoke Health District and further medical research
St Mungo Community Housing Association - Helping		people		I		5,000	I		5,000
sleeping rough off the street of London, preventing			of
homelessness and promoting recovery
Ebony Horse Club - Provides children ofBrixton an opportunity							I		10,000
to access the sport of horse riding and other related		social
activities
The Cayo Foundation -Provides grants to other organisations			and				1		5,000
sponsors or undertakes research
Mind (The National Association for Mental Health) - Promotes				I		20,000	I		20,000
the preservation of mental health and assist in relieving			and
rehabilitating persons suffering f'rom mental disorder
ICAN Charity - Provides specialist therapy and education			for	I		21,125	I		21,125
children with speech and language difiiculties
Cure EB - Assists those suffering from Epidermolysis		Bullosa		I		10,000	I		10,000
("EB")
The Chicken Shed Theatre Trust - Advancement ofeducation			in				I		1,000
the fields ofthe arts
Free The Bears - Works with governments and non government				I		5,000
partners throughout the world to protec, preserve and		end	the
exploitation ofbears

												2021	2021		2020	2020
												No. of	Total	No.	of	Total
												Greats		Grants
British Heart	Foundation		-	Advancement				in	the	prevention,		1	10,000
diagnosis and	treatment	ofheart and				circulatory diseases
Cure Leukaemia - Relief of			persons			suffering		fiom leukaemia			by	1	5,000
funding new	thempies,	treatments			and		research		into	and trials	of
such treatments and providing				personnel			and facilities			for such
purposes
												23	491,825	26		497,125
Governance	costs
													2021		2020
Grant advisory fees													18,078		18,078
Audit and accountancy		fees											13,800		13,200
Bank charges	and interest												130			125
Loss on exchange													15			156
													32,023		31,247

Fixed asset investments	Fixed asset investments		2021	2020
Movement	in fixed asset investments
At 1 April	2020		7,446,558	8,867,392
Additions	at cost		5,956,022	4,476,285
Disposals	at carrying value		(5,688,283)	(4,951,095)
Unrealised	gains/(losses) on revaluation		918,714	(946,024)
Market value at31March 2021			8,633,011	7,446,558
Investments at market value comprised:
Equiges			7,264,302	6,322,608
Fixed interest securities			1,196,000	936,640
Cash held	within the investment	portfolio	172,709	187,310
			8,633,011	7,446,558

	All investme	nts were held in	nts were held in	the UK and managed by HSBC Privat	e Bank (UK) Limited	.
	During the	year, investments		with original cost of65,688,283 were	sold realising again	off626,683.
lb.	Debtors
					2021	2020
					8	8
	Prepayments	and accrued income				3,244
						3,244
11.	Creditors:	amounts	falling	due within one year
					2021	2020
					8
	Accruals				28,996	28,627

Unrestricted funds
		2021	2020
At 1 April 2020		7,447,662	8,856,782
Net surplus/(deficit)	for the year	1,177,208	(1,409,120)
At 31March 2021		8,624,870	7,447,662
Incoming resources		214,091	283,898
Resources expended		(582,280)	(589,854)
Net gains/(losses) on	investments	1,545,397	(1,103,164)
Net surplus/(deficit)	for the year	1,177,208	(1,409,120)

	2021	2020
Fund balances at 31March 2021 are represented by:
Investments	8,633,011	7,446,558
Debtors		3,244
Cash at bank	20,855	26,487
Creditors	(28,996)	(28,627)
	8,624,870	7,447,662

On 5 July 2021,the trustees had made non-connactua amounting tof75,000 payable as follows:	l commitments to pay grants on future	dates
	2021	2020f
Within one year	25,000	20,000
After more than one year	50,000
	75,000	20,000