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|Trustees||||Dr Kenneth
Gray (Chair) - resigned|Dr Kenneth
Gray (Chair) - resigned|Dr Kenneth
Gray (Chair) - resigned|Dr Kenneth
Gray (Chair) - resigned|5 December 2021|5 December 2021|
|---|---|---|---|---|---|---|---|---|---|
|||||John Attree||||||
|||||Gise la Gledhill||||||
|||||Basil Postan||||||
|||||Roderick Smith||||||
|||||Kathryn
Uhde||||||
|||||Brendan
Finucane,|QC|(Chair)|—appointed||26 July 2022|
|Registered||Office||13Lincoln's
Inn Fields||||||
|||||London||||||
|||||WC2A 3BP||||||
|Banker||||National
Westminster||Bank pic||||
|||||214 High Holborn||||||
|||||London||||||
|||||Wcjv 7BX||||||
|Independent||Auditor||Saffery Champness|LLP|||||
|||||71Queen Victoria|Street|||||
|||||London||||||
|||||EC4V 4BE||||||
|Investment||Manager||Sarasin 8 Partners|LLP|||||
|||||Juxon House||||||
|||||100St. Paul's Churchyard||||||
|||||London||||||
|||||EC4M BBU||||||
|Company|Registration||No.|07965957||||||
|Registered||Charity No.||1146195||||||
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||||All Unrestncted|All Unrestricted|
|||||Note|and Endowment|and Endowment|
||||||Funds|Funds|
||||||f|f|
|INCOME AND ENDOWMENTS|||FROM||||
|Donations
and||Legacies|||100|4,800|
|Investments|||||212,097|213,576|
|TOTAL|||||212,197|218,376|
|EXPENDITURE ON|||||||
|Charitable
Activities|||||164,383|137,266|
|TOTAL|||||164,383|137,266|
|Net Gains/(Losses)||on investments||10|504,364|384,673|
|NET INCOME/(EXPENDITURE)|||||552,178|465,783|
|RECONCILIATION|OF FUNDS:||||||
|Total funds brought||forward|||7,610,174|7,144,391|
|Total funds carried||forward|||8,162,352|7,610,174|
|||||Note|2021|2021|2020|2020|
|---|---|---|---|---|---|---|---|---|
||||||f|f|f|f|
|Fixed Assets||||||7,563,334||7,058,970|
|Investments||||10||7,563,334||7,058,970|
|Current Assets|||||||||
|Debtors|||||2,858||10,290||
|Cash at Bank|and|in Hand|||610,454||554,776||
||||||613,312||565,066||
|Creditors: amounts||falling due|within|12|||||
|one year|||||(14,294)||(13,862)||
|Net Current Assets||||||599,018||551,204|
|Net Assets||||||8,162,352||7,610,174|
|Represented
by:|||||||||
|Unrestricted|and|Endowment|Funds:||||||
|- Unrestricted|Fund||||137,950||90,136||
|- Endowment|Fund||||6,259,048||6,259,048||
|—Revaluation|Reserve||||1,765,354|8,162,352|1,260,990|7,610,174|
|Total Funds||||||8,162,352||7,610,174|
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|||Unrestricted|&|||
|---|---|---|---|---|---|
|2.Donations|and Legacies|Endowment||2021Total|2020Tota
I|
||||E|E|f|
|Other Donations|||100|100|4,800|
||||100|100|4,800|
|lready
been|accrued
in prior years (s|ee note 11).|||
|---|---|---|---|---|
|||Unrestricted
&|||
|3.Investments||Endowment|2021Total|2020Tota I|
|||f|f|E|
|Investment|income (net)|212,097|212,097|213,576|
|||212,097|212,097|213,576|
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|||Unrestricted 5|||
|---|---|---|---|---|
|7.Governance|costs|Endowment|2021Total|2020 Total|
|||E|f|f|
|Trustees' expenses||||554|
|External Auditor|fees|5,880|5,880|5,400|
|Other fees||26|26|4,852|
|||5,906|5,906|10,806|
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|||||2021Total|2020 Total|
|---|---|---|---|---|---|
|Net income is stated after charging:||||f|f|
|Auditor's
remuneration||||5,880|5,400|
|||||5,880|5,400|
|10.Investments||Unrestricted|8|||
|a. Fixed Assets —Investments||Endowment||2021Total|2020 Total|
||||E|f|f|
|Opening
Value at 1January||7,058,970||7,058,970|6,837,121|
|Purchases|||0|0|176,603|
|Sales Proceeds (Net)|||0|0|(339,427)|
|Realised gain on investments|||0|0|128,211|
|Unrealised
(loss)/gain|on investments|504,364||504,364|256,462|
|Value at 31December||7,563,334||7,563,334|7,058,970|
||||Value at|Value at|
|---|---|---|---|---|
||||31/12/2021|31/12/2020|
||||E|E|
|Sarasin Endowments|Class|A income Fund|7,563,334|7,058,970|
||||7,563,334|7,058,970|
|b. Cash at bank and|in hand - held with Sarasin||||
|Cash - Sterling Investment||Account|||
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||||||Unrestricted
R|||||
|---|---|---|---|---|---|---|---|---|---|
|11.Debtors|||||Endowment|2021Total||2020Tota|I|
||||||f||f|f||
|Accrued|Income||||2,858|2,858||2,290||
|Other Debtors||(Donations||- Deeds of||||||
|Pledges)||||||||8,000||
||||||2,858|2,858||10,290||
|ncluded|within|Debtors|is|an amount offnil (year ended 31December||2020:fnil)|due in more than|||
|ne year.||||||||||
|12.Creditors|||||Unrestricted 5|||||
||||||Endowment|2021Total||2020Total||
||||||f|f|||f|
|Accruals|||||14,294|14,294||13,862||
|13.Analysis of||Net Assets||between
Funds|Unrestricted 5|||||
||||||Endowment|2021Tota I||2020 Total||
||||||f|f||f.||
|Investments|||||7,563,334|7,563,334||7,058,970||
|Current Assets|||||613,312|613,312||565,065||
|Current
Liabilities|||||(14,294)|(14,294)||(13,861)||
|Balances|at 31December||||8,162,352|8,162,352||7,610,174||
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