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2021-12-31-accounts

		Page
Reference and administrative	details ofthe Charffy, its Trustees and advisers
Trustees' report		2-11
Independent examiner's report		12
Statement offinancial activities		13
Balance sheet		14
Notes to the financial statements		15-28

Trustees		J Geoghegan
		C Chanda
		W Dear
		G Diblase
		V Kyte
		SC Mckeand-Han
		T Morrell
		E Patsalos
		CV Pocock
		A Singh
Charity registered
number		1140672
Principal offic		cio RPG Crouch	Chapman			LLP
		14-16 Dowgate	Hill
		London
		EC4R 2SU
Accountants		RPG Crouch Chapman			LLP
		14-16Dowg ate	Hill
		London
		EC4R 2SU
Bankers		HSBC
		Church Street
		Weybrldge
		Surrey
		KT138DF
Solicitors		Thomson Snell &Passmore
		3 I onsdale Gardens
		Tunbddge Wells
		TN1 1NX
Investment	Adivser	Verltas Investment		Management			LLP
		90Long Acre
		London
		WC2E 9RA
Independent	Examiner	Jeremy Tyrrell
		RPG Crouch Chapman			LLP
		14-16 Dowgate	Hill
		London
		EC4R 2SU

			Endowment	Unrestricted	Total	Total
			funds	funds	funds	funds
		Note	2021 f	2021 f	2021 Z	2020f
Income and endowments	from:
Donations and legades						50,000
Investments			5,039		5,039	7,920
Total income and endowments			5,039		5,039	57,920
Expenditure on:
Raising funds			1,857		1,857	10,706
Charitable activities				275,450	275,450	31'/,490
Total expenditure			1,857	275,450	277,307	322,196
Net income/(expenditure)	before net
gains on Investments			3,182	(275,450)	(272,268)	(264,276)
Net gains on investments			305,510	12,564	318,074	21,973
Net income/(expenditure)			308,692	(262,886)	45,806	(242,303)
Transfers between funds		17	(297,000)	297,000
Net movement in funds			11,692	34,114	45,806	(242,303)
Reconciliation offunds:
Total funds brought forward			484,419	273,617	758,036	1,000,339
Net movement in funds			11,692	34,114	45,806	(242,303)
Total funds carried forward			496,111	307,731	803,842	758,036

				2021		2020
		Note		E		6
Fixed assets
Investments		10		2,255,146		1,229,431
				2,255,146		7,229,431
Current assets
Debtors		11	6,406		10,754
Cash at bank and	in hand		84,990		31,557
			91,396		42,311
Creditors: amounts	falling due within one
year		12	(1,271,504)		(345,463)
Net current liabilities				(1,180,108)		(303,152)
Total assets hss	current liablgtles			1,075,038		926,279
Creditors: amounts	falling due after more
than one year		14		(271,196)		(168,243)
Total net assets						758,036
Charity funds
Endowment funds		17		496,111		484,419
Unrestricted funds		17		307,731		273,617
Total funds				803,842		758,036

			Unrestricted	Total
			funds	funds
			2021	2021
			E	E
Grants
			Unrestricted	Total
			funds	funds
			2020	2020
Grants			50,000	50,000
Investment		income
			Endowment	Total
			funds	funds
			2021	2021
			E	E
Income from		local listed investments	5,039	5,039
			Endowment	Total
			funds	funds
			2020	2020
				E
Dividends	and interest		7,920	7,920

			Endowment	Total
			funds	funds
			2021 f	2021 f
Investment	management	costs	1,857	1,857
			Endowment	Total
			I'unds	funds
			2020f	2020f
Investment	management	costs	10,706	10,706

	Unrestricted	Total
	funds	funds
	2021f	2021f
Admin and office costs	3,199	3,199
Bank and other charges	1,481	1,481
Governance costs	7,296	7,296
Grants to individuals	232,238	232,238
ITand software costs	5,015	5,015
Salaries gnck Nl)	25,068	25,068
Travel and subsistence	785	785
Gifts and entertainment	368	368
	275,450	275,450
	Unrestricted	Total
	funds	funds
	2020	2020f
Admin and olflce costs	9,952	9,952
Bank and other charges	2,971	2,971
Governance Costs	11,087	11,087
Grants to individuals	261,235	261,235
ITand software costs	1,354	1,354
Salaries (ind. Nl)	24,826	24,826
Travel and subsistence	65	65
Gifts and entertainment
	311,490	311,490

Governance	cos	ts
				Endowment	Unrestricted	Total
				Funds	Funds	Funds
				2021	2021	2021
				f	f	f
Accountancy	and	independent	examination		7,296	7,296
					7,296	7,296
				Endowment	Unrestricted	Total
				Funds	Funds	Funds
				2020	2020	2020
				f	f	f
Accountancy	and	Independent	examination		10,997	10,997
Professional	fees				90	90
					11,087	11,087

					2021f	2020f
Wages and	salaries				23,625	22,724
Social security costs					1,023	1,698
Contribution	to defined	contribution	pension	schemes	420	404
					25,068	24,826
The average	number ofpersons employed			by the Charity during the year was as follows:
					2021	2020
					No.	No.
Administration	and support

	Listed
	Investmentsf
Cost or valuation
At 1 January 2021	1,229,431
Additions	925,000
Dlsposals	(217,358)
Revaluations	318,073
At 31 December 2021	2,255,146
Net book value
At 31 December 2021	2,255,146
At 31December 2020	1,229,431

Breakdow	n ofgains/ (losses)
		2021f	2020f
Realised	gains/ (losses)	20,508	3,932
Unrealised	gains/ (losses)	297,567	18,041
		318,075	21,973

		2021 f.	2020 f
Due within one year
Other debtors		327	498
Prepayments	and accrued income	6,079	10,256
		6,406	10,754

	2021 E	2020f
Trade creditors	4,253	5,868
Other creditors	1,000,000
Accruals	267,251	339,595
	1,271,504	345,463

Accrued educational	expenses	256,295	327,713
Other accrued expenses		10,956	11,882
		267,251	339,595

				2021f	2020f
Accruals	and	deferred	income	271,196	168,243

										2021 6	2020f
Financial	assets
Financial	assets	measured	at	fair	value	through	Income	and	expenditure	2,255,146	1,229,431

						Balance at
	Balance at 1					31
	January			Transfers	Gains/	December
	2021	Income	Expenditure	In/out	(Losses)	2021
	6		6	6		6
Unrestricted
funds
Designated
funds
Designated
Fund	68,193		(29,737)	29,737	12,564	80,757
General funds
General Funds	205,424		(245,713)	267,263		226,974
Total
Unrestricted
funds	273,617		(275,450)	297,000	12,564	307,731
Endowment
funds
Endowment
Fund	484,419	5,039	(1,857)	(297,000)	305,510	496,111
Total offunds	758,036	5,039	(277,307)		318,074	803,842

Statement offun	ds - prior year
						Be)ance at
	Balance at					31
	1January			Transfers	Gains/	December
	2020	income	Expendituref	in(outf	(Losses)f	2020f
Unrestricted
funds
General Funds	185,107	50,000	(311,490)	350,000		273,617
Endowment
funds
Endowment
Fund	815,232	7,920	(10,706)	(350,000)	21,973	484,419
Total offunds	1,000,339	57,920	(322,196)		21,973	758,036

Analysis of net assets between funds Analysis ofnet assets between funds - current	year
	Endowment	Unrestricted	Total
	funds	funds	funds
	2021 f	2021 f	2021f
Fixed asset investments	488,114	1,767,032	2,255,146
Current assets	7,997	83,399	91,396
Creditors due within one year		(1,271,504)	(1,271,504)
Creditors due in more than one year		(271,196)	(271,196)
Total	496,111	307,731	803,842

Analysis of net assets between funds - prior y	ear
	Endowment	Unrestrtcted	Total
	funds	funds	funds
	2020 f	2020	2020f
Fixed asset investments	474,963	754,468	1,229,431
Current assets	9,456	32,855	42,311
Creditors due within one year		(345,463)	(345,463)
Creditors due In more than one year		(168,243)	(168,243)
Tl	484,419	273,617	758,036