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|---|---|---|---|
|Reference and Administrative<br>Details ofthe Charity,||its Trustees and Advisers||
|Trustees'<br>Report|||2-4|
|Independent<br>Auditors'|Report on the Financial Statements||6-8|
|Statement of Financial|Activities|||
|Statement ofFinancial|Position||10|
|Statement ofCash Flows||||
|Notes to the Financial|Statements||12-19|





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||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2021|2021|2020|
|||||Note|8|6||
|Income from:||||||||
|Donations<br>and|legacies|||3|1,015,200|1,015,200|1,992,400|
|Investments||||4|||8,651|
|Total income|||||1,015,200|1,015,200|2,001,051|
|Expenditure<br>on:||||||||
|Charitable<br>activities:||||||||
|Grants|||||1,004,596|1,004,596|1,822,859|
|Support costs|||||59,251|59,251|51,448|
|Governance|costs||||3,330|3,330|2,310|
|Total expenditure|||||1,067,177|1,067,177|1,878,617|
|Net gains/(losses)||on investments|||433,012|433,012|(41,651)|
|Net movement|in|funds|||381,035|381,035|82,783|
|Reconciliation|of|funds:||||||
|Total funds brought|||forward||2,344,604|2,344,604|2,261,821|
|Net movement|in funds||||381,035|381,035|82,783|
|Total funds carried|||forward||2,725,639|2,725,639|2,344,604|





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|||||STATEMENT OF CASH FLOWS|STATEMENT OF CASH FLOWS|||
|---|---|---|---|---|---|---|---|
||||FOR THE YEAR ENDED 31 MARCH 2021|||||
|||||||2021|2020|
||||||||E|
|Cash flows from operating||activities||||||
|Net cash|used in operating|activities||||384,047|124,249|
|Investing|activities|||||||
|Donation|received<br>in shares|||||(1,015,200)|(1,992,400)|
|Profit on|disposal oflisted investments|||||(433,012)||
|Proceeds|from sale ofinvestments|||||2,263,434|1,945,043|
|Change|in cash and cash|equivalents||in the year||1,199,269|76,892|
|Cash and cash equivalents||at the|beginning||ofthe year|1,629,220|1,452,328|
|Cash and cash equivalents||at the end ofthe year||||2,728,489|1,529,220|
|The notes on pages 12to 19form|||part ofthese financial statements|||||





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|Unrestricted|Total|
|---|---|
|funds|funds|
|2020|2020|
|E|8|
|8,651|8,651|



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|||Grants to||
|---|---|---|---|
|||Institutions|Total|
|||&Charities|funds|
|||2021|2021|
|||K|8|
|University|of Cambridge|176,407|176,407|
|University|of Bath|80,025|80,025|
|Grants to|Charities|748,072|748,072|
|Total 2021||1,004,504|1,004,504|



||||Grants to||
|---|---|---|---|---|
||||Institutions<br>&|Total|
||||Charities|funds|
||||2020|2020|
||||6||
|University|of Cambridge||135,000|135,000|
|University|of Bath||35,000|35,000|
|Grants to Chanties|||1,652,259|1,652,259|
|Grants to Global Innovation||Forum Ltd|600|600|
|Total2020|||1,822,859|1,822,859|





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||||||Unrestricte|Total|
|---|---|---|---|---|---|---|
||||||d funds|funds|
||||||2021|2021|
||||||6||
|University<br>of Cambridge|||||176,407|176,407|
|University<br>of Bath|||||80,025|80,025|
|Grants to charities|||||748,072|748,072|
|Bank charges|||||92|92|
|Consultancy|||||48,316|48,316|
|Other support costs|||||10,935|10,935|
|Auditors<br>remuneration|||||3,330|3,330|
|Tots I2021|||||1,067,177|1,067,177|
||||||Unrestricted|Total|
||||||funds|funds|
||||||2020f|2020f|
|University<br>ofCambridge|||||135,000|135,000|
|University<br>ofBath|||||35,000|35,000|
|Grants to charities|||||1,652,260|1,652,260|
|Global Innovation|Forum|Ltd|||600|600|
|Bank charges|||||434|434|
|Consultancy|||||42,708|42,708|
|Other support costs|||||8,305|8,305|
|Auditors<br>remuneration|||||2,310|2,310|
|Total 2020|||||1,876,617|1,876,617|
|Auditors'<br>remuneration|||||||
||||||2021|2020|
|||||||5|
|Fees payable to the Charity's|||auditor for the audit ofthe Charity's|annual|||
|accounts|||||3,330|2,310|





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||Listed|
|---|---|
||investments|
||5|
|At 1 April 2020|815,222|
|Additions|1,015,200|
|Disposals|(1,830,422)|
|At 31 March 2021||
|Net book value||
|At 31 March 2021||
|At 31 March 2020|815,222|



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|||||2021|2020|
|---|---|---|---|---|---|
||||||2|
||Prepayments|and accrued income|||2,532|
|11.|Creditors: Amounts||falling due within one year|||
|||||2021|2020|
|||||5|F|
||Accruals and|deferred|income|2,850|2,370|





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|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at 1|||Gains/|31 March|
|||April 2020<br>K|Income<br>f|Expenditure<br>E|(Losses)<br>E|2021<br>K|
|General|funds|2,344,504|1,015,200|(1,057,177)|433,012|2,725,539|
|Summary offunds - prior year|||||||
|||||||Balance at|
|||Balance at|||Gains/|31 March|
|||1 April 2019<br>E|Income<br>E|Expenditure<br>E|(Losses)<br>6|2020f|
|General|funds|2,261,821|2,001,051|(1,876,617)|(41,651)|2,344,604|



|Analysis|of net assets between funds - current year|||
|---|---|---|---|
|||Unrestricte|Total|
|||d funds|funds|
|||2021|2021|
|||E|E|
|Current|assets|2,728,489|2,728,489|
|Creditors|due within one year|(2,850)|(2,850)|
|Total||2,725,639|2,725,539|
|Analysis|of net assets between funds - prior year|||
|||Unrestricted|Total|
|||funds|funds|
|||2020|2020|
|||E|E|
|Fixed asset investments||815,222|815,222|
|Current assets||1,531,752|1,531,752|
|Creditors|due within one year|(2,370)|(2,370)|
|Total||2,344,604|2,344,604|



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