2021-06-30-accounts - The O'sullivan Family Charitable Trust

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Trustees		Finian O'Sullivan
		Diana O'Sullivan
		Emily O' Sullivan
		Sophie O' Sullivan
		Tessa Cartwright
Date ofsettlement		18March 2008
Charity number		1123757
Principal address		36 Edge Street
		London
		WB 7PN
Accountants		Smith Et Wiaiamson	LLP
		25 Moorgate
		London
		EC2R 6AY
Independent	examiner	Julie Mutton, FCA
		Smith Er Wiaiamson	LLP
		Cumberland House
		15-17Cumberland	Place
		Southampton
		50152BG
Investment	managers	IJBSAG
		1 Finsbury Avenue
		London
		EC2M 2AN

		Page
Trustees' report		1-3
Statement of trustees'	responsibilities
Independent examiner's	report
Statement of financial	activities
Balance sheet
Notes to the accounts		8-13

					Unrestricted	Endowment	Total	Total
					income funds	funds	2021	2020
				Notes	E	E	E	E
Income
Investment income					183,461		183,461	237,577
Deposit interest					1		1	228
HMRC interest								592
Donations								98
Total income					183,462		183,462	238,495
Expenditure
Raising funds				3	44,220		44,220	45,582
Charitable activities				2	319,284		319,284	299,728
Total expenditure					363,504		363,504	345,310
Net expenditure	before		gains and	losses on
investments					(180,042)		(180,042)	(106,815)
Net gains/(losses)	on investments			6	616,531		616,531	(554,486)
Net (losses)/gains		on	foreign	currency
transactions					(5,501)		(5,501)	80
Net income/(expenditure)			and movement
in funds					430,988		430,988	(661,221)
Fund balances brought		forward at 1 July 2020			4,467,384	512,250	4,979,634	5,640,855
Fund balances carried forward at				30June 2021	4,898,372	512,250	5,410,622	4,979,634

							2021		2020
					Notes		E		E
Fixed assets
Investments					6	5,336,410		4,757,696
							5,336,410		4,757,696
Current assets
Cash at bank	and in	hand				94,450		267,973
Debtors						6,964		20
						101,414		267,993
Current liabilities
Creditors: amounts		falling	due within	one
year					8	(27,202)		(39,208)
Net current	assets						74,212		228,785
Total assets	less current		liabilities				5,410,622		4,986,481
Creditors: amounts		falling	due after	more
than one year									(6,847)
Net assets							5,410,622		4,979,634
Represented	by:
Endowment	funds						512,250		512,250
Unrestricted	income	funds					4,898,372		4,467,384
							5,410,622		4,979,634

Grants payable
						2021	2020
Grants to institutions:						E	E
Canine Partners for Independence (Reg Charity No.	803680)					5,000	5,000
Carers Trust (Reg Charity No. 1145181)						2,000	3,000
Children with Cancer UK (Reg Charity No. 298405)							3,000
Clemens Reutter Memorial Trust (Reg Charity No. 1153793)						3,000	3,000
Countess Mountbatten Hospice Charity (Reg Charity		No.		1123304)		5,000
Deaf Blind (Reg Charity No. 802976)						5,000	3,000
Debra (Reg Charity No. 1084958)						15,000	15,000
Designability Charity Limited (Reg Charity No. 256335)						7,000	3,000
Emilie's Charity (Reg Charity No. 1108537)						3,000	3,000
Emmaus Hampshire (Reg Charity No. 1077264)						4,000
End Violence Against Women Coalition (Reg Charity	No.			1161132)		5,000
Facing the World (Reg Charity No. 1092772)							3,000
Friends of East Meru Community School (Reg Charity		No.			1168456)	3,000
Friends ofthe Calvert Trust (Lake District) (Reg Charity				No. 1067899)			3,000
Friends ofthe Family Winchester Limited (Reg Charity			1143462)			4,000	5,000
Galway University Foundation (Reg Charity No. 12894 -			Ireland)			20,000
Hampshire Cultural Trust (Reg Charity No. 1158583)							5,000
Haven Charity							3,000
Kids Charity (Reg Charity No. 275936)						3,000	5,000
Know Thyself Charitable Trust (Reg Charity No. 1192919)						5,000
Listening books (Reg Charity No. 264221)						2,000	5,000
Maggie's Centres (Reg Charity No. SC024414 - Scotland)						2,000	5,000
Marie Curie (Reg Charity No. 207994)						5,000	5,000
Roald Dahl's Marveaous Children's Charity (Reg Charity			No. 1137409)			3,000
Room to Read UK Limited (Reg Charity No. 1125803)							30,000
Rose Road Association (Reg Charity No. 276172)						3,000	3,000
Seenaryo (Reg Charity No. 1173822)							2,000
Shepherds Down School Fund (Reg Charity No. 298561)						10,000	10,000
Siblings together (Reg Charity No. 1137278)							3,000
Spinal Muscular Atrophy UK (Reg Charity No. 1106815)						5,000
Stable Family Home Trust (Reg Charity No. 1093672)						5,000	5,000
Step by Step (Reg Charity No. 7597656)						5,000	5,000
Stroke Association (Reg Charity No. 211015)						5,000	5,000
The Brickworks (Reg Charity No. 1127606)						15,000	25,000
The Honeypot Children's Charity (Reg Charity No. 1011672)						3,500
The Pinder Trust (Reg Charity No. 256519)						30,000
The Playhouse Foundation (Reg Charity No. 1164341)						94,175	94,125
The Royal National Institute of Blind People (Reg Charity					No. 226227)	4,000
The Salvation Army (Reg Charity No. 21479)						9,000	3,000
Trinity Winchester (Reg Charity No. 1074604)							5,000
Unique Charity (Reg Charity No. 1176695)						2,000	3,000
Wessex Cardiac Trust (Reg Charity No. 1116510)							5,000
Whizz Kidz (Reg Charity No. 802872)						5,000	5,000
Winchester Excavations Committee (Reg Charity No.		210455)				10,000
Women for Women (Reg Charity No. 11015109)							8,000
						306,675	288,125

2	Grants payable		(Continued)	(Continued)
	Reconciliation of grants payable
	Commitments made in the year		306,675	288,125
	Commitments made in previous years		28,676	28,676
	Grants payable in the year		335,351	316,801
	Grants paid during the year		(328,504)	(288,125)
	Commitments at 30June 2021		6,847	28,676
	Commitments at 30June 2021 are payable	as follows:
	Within one year		6,847	21,829
	After more than one year			6,847
			6,847	28,676
	Support costs
	Independent examiners fees (governance	costs)	2,400	2,112
	Accountancy fees (Smith Et Williamson)		10,060	9,340
	Bank interest and charges		149	151
			12,609	11,603
3	Costs of raising funds
			2021	2020
			E	E
	Investment management fees		44,220	45,504
	Legal entity identifier fee			78
			44,220	45,582

6	Fixed asset investments
							2021	2020
							E	E
	Market value at 1 July	2020					4,757,696	5,403,951
	Disposal proceeds						(5,577,933)	(3,286,648)
	Additions						5,540,116	3,194,879
	Net investment gains/(losses)						616,531	(554,486)
	Market value at 30June 2021						5,336,410	4,757,696
	Net realised gains on investments						57,267	5,232
	Net unrealised gains/(losses)		on	investments			559,264	(559,718)
							616,531	(554,486)
	Material holdings in excess of		5%of the portfolio			value were as fo((ows:-
	Capital International FUND SICAV New Perspective					SHS ZLD	826,247
	UBS Investment Funds ICVC V		Global Enhanced		Equity Income Cls Dist		790,965	734,979
	Morgan Stanley Funds (UK) GBLBrands Accum				shs	class	330,555
	DCI Ireland Fund PLC Investment			Grade Corporate		Bond Fund		272,126
							1,947,767	1,007,105
7	Debtors
							2021	2020
							E	E
	Gift aid						20	20
	Dividends received post	year	end				6,944
							6,964	20
8	Creditors: amounts falling due within one year
							2021	2020
							E	E
	Accountancy fees (Smith	Et Williamson)					6,600	5,000
	Independent examiner's	fees					2,160	1,920
	Investment management	fees					11,595	10,459
	Grants payable						6,847	21,829
							27,202	39,208

Credito	rs: amounts falling due after more than	one year
		2021	2020
		E	E
Grants	payable		6,847
			6,847

Analysis of	funds
			Fixed asset	Net current	Total
			investments	assets
			E	E	E
Unrestricted	income	fund	4,926,610	(28,238)	4,898,372
Endowment	fund		409,800	102,450	512,250
			5,336,410	74,212	5,410,622