2022-12-31-accounts

Legal and	Ad	ministrative	Information
Trustees			RA Fitzalan Howard Esq.
			Baron A Gvon Boeselager
			Count M LWFKHenckel von	Donnersmarck
			Mrs L S-C Simpson
			Prince D L G J M de La Rochefoucauld-Montbel
Chief executive			J SSimpson Esq. (from March	2022)
Charity number			1148427
Company number			08107614
Registered	office		30Upper High Street
			Thame
			Oxfordshire
			OX9 3EZ
Correspondence		address	Studio 1
			240 Portobello Road
			London
			W111LL
Auditor			Richardsons
			30Upper High Street
			Thame
			Oxfordshire
			OX9 3EZ
Bankers			C.Hoare S.Co.
			37Fleet Street
			London
			EC4P 4DQ
Solicitors			Stone King LLP
			91Charterhouse Street
			London
			EC1M 6HR
Investment	advisors		Cazenove Capital Management	Ltd.
			1London Wall Place
			London
			EC2Y 5AU

	Page
Trustees' report	4-8
Statement oftrustees' responsibilities
Independent auditor's report	10-12
Statement offinancial activities	13
Balance sheet	14
Statement ofcash flows	15
Notes tothe financial statements	16-27

				Unrestricted	Restricted	Endowment	Total	Total
				funds	funds	funds
				2022	2022	2022	2022	2021
			Notes	$	$	$	$	$
Donations and legacies				656,554	2,739,461		3,396,015	3,172,624
Investments				33,222			33,222	17,981
Other income				75,919			75,919	33,971
Total income				765,695	2,739,461		3,505,156	3,224,576
Ex enditure on:
Raising funds				146,321			146,321	116,563
Charitable activities				998,892	2,688,906		3,687,798	3,265,813
Total resources expended				1,145,213	2,688,906		3,834,119	3,382,376
Net gains/(losses)	on investments		13	(445,536)			(445,536)	35,359
Net (outgoing)/incoming				(825,054)	50,555		(774,499)	(122,441)
resources before transfers
Gross transfers between		funds		77,892		(77,892)
Net movement in	funds			(747,162)	50,555	(77,892)	(774,499)	(122,441)
Fund balances at 1	January 2022			1,687,089	469,032	1,358,880	3,515,001	3,637,442
Fund balances at31December				939,927	519,587	1,280,988	2,740,502	3,515,001
2022

					2022		2021
			Notes
Fixed assets
Tangible assets			14		3,180		3,467
Investments			15		1,543,742		1,859,424
					1,546,922		1,862,891
Currentassets
Debtors			17	320,088		48,943
Cash at bank	and in	hand		2,102,397		2,930,795
				2,422,485		2,979,738
Creditors: amounts		falling due within	18
one year				(1,228,905)		(1,327,628)
Net current assets					1,193,580		1,652,110
Total assets	less current liabilities				2,740,502		3,515,001
Capital funds
Endowment	funds -	general			1,280,988		1,358,880
Income funds
Restricted funds			19		519,587		469,032
Unrestricted	funds				939,927		1,687,089
					2,740,502		3,515,001

					2022		2021
				Notes
Cash flows from operating		activities
Cash absorbed by operations				23		(841,764)			(463,847)
Investing activities
Purchase oftangible fixed	assets				(1,629)			(2,304)
Proceeds from disposal oftangible fixed assets					185
Interest received					14,810			963
Net cash generated from/(used in) investing						13,366			(1,341)
activities
Net cash used in financing		activities
Net decrease in cash and	cash equivalents					(828,398)			(465,188)
Cash and cash equivalents	at	beginning	ofyear			2,930,795			3,395,983
Cash and cash equivalents		atend ofyear				2,102,397			2,930,795

		Unrestricted	Restricted	Total	Total
		funds	funds
		2022	2022	2022	2021
		$	$	$	$
Donations	and gifts	656,554	2,739,461	3,396,015	3,172,624
Forthe year ended 31December 2021		617,786	2,554,838		3,172,624
Investments
				Unrestricted	Unrestricted
				funds	funds
				2022	2021
				$	$
Investment	income			18,412	17,018
Interest receivable				14,810	963
				33,222	17,981

					Unrestricted	Unrestricted
					funds	funds
					2022	2021
					$	$
	Amounts	recharged to other entities			75,919	33,971
6	Raising funds
					Unrestricted	Unrestricted
					funds	funds
					2022	2021
					$	$
	Fundraisin	and	ublici
	Support costs				132,602	101,205
	Investment mana		ement		13,719	15,358
					146,321	116,563
7	Charitable activities
					2022	2021
					$	$
	Grant funding ofactivities (see note 8)				3,232,805	2,821,079
	Share ofsupport costs (see note 9)				302,580	272,215
	Share ofgovernance			costs (see note 9)	152,413	172,519
					3,687,798	3,265,813
	Analysis	by fund
	Unrestricted funds				998,892	583,325
	Restricted	funds			2,688,906	2,682,488
					3,687,798	3,265,813

		2022	2021
		$	$
Lebanese Association/Medicines	for Lebanon	224,663	141,400
Romanian Relief Service		520,844	257,479
Italian Association			39,363
Albanian Relief Service		303,297	242,578
Brazilian Association		65,900	112,693
Colombian Association			42,558
Lithuanian Relief Service		200,665	159,779
Holy Family Hospital, Palestine		20,976
Latvian Relief Service		125,270
The Nehemiah Project (BASMOM)		71,820	91,107
South African Relief Service		54,168
French Association		1,006,108	1,031,390
Malteser International Germany		100,343
Mexican Association		77,590	120,388
Slovakian Relief Service			142,375
Polish Association		59,383	83,008
Portuguese Association			84,008
Embassy to Morocco		25,000
British Association (BASMOM)		25,685
Ukrainian Relief Service		137,480
Forgotten Children (see note 17)		145,840
Other		67,317	272,407
		3,232,805	2,821,079

Support	costs
		Support	Governance	2022	Support	Governance	2021
		costs	costs		costs	costs
		$	$	$	$	$
Staffcosts		245,141	77,413	322,554	240,254	96,992	337,246
Depreciation		1,731		1,731	1,842		1,842
Exchange	(gains)/ losses	(2,716)		(2,716)	2,022		2,022
Communications		7,129	2,251	9,380	1,041	421	1,462
Travel		21,663	6,841	28,504	10,980	4,433	15,413
Sundry expenses		2,394	756	3,150	4,308	1,739	6,047
Office costs		86,402	27,285	113,687	89,313	36,057	125,307
Bad debts		16,260		16,260
US recharge		57,178	18,056	75,234	23,660	9,552	33,212
Audit fees			11,614	11,614		9,914	9,914
Accountancy			3,278	2,278		2,751	2,751
Legal and	professional		4,919	4,919		10,660	10,660
		435,182	152,413	587,595	373,420	172,519	545,939
Analysed	between:
Fundraising		132,602		132,602	101,205		101,205
Charitable	activities	302,580	152,413	454,993	272,215	172,519	444,734
		435,182	152,413	587,595	373,420	172,519	545,939

Fees payable to the Fund's auditor and associates:	Fees payable to the Fund's auditor and associates:	2022	2021
		$	$
Audit ofthe Fund's	annual accounts	11,614	9,914
Non-audit services
All other non-audit	services	3,278	2,751

		2022	2021
		Number	Number
Employment	costs	2022	2021
		$	$
Wages and salaries		288,762	300,010
Social security	costs	26,833	29,780
Other pension	costs	6,959	7,456
		322,554	337,246

Net gains/(	loss	es) on investments
			Unrestricted	Unrestricted
			funds	funds
			2022	2021
			$	$
Revaluation	of	investments	(549,635)	19,506
Gain/(loss)	on	sale ofinvestments	104,099	15,853
			(445,536)	35,359

14	Tangible fixed assets
				Computers
	Cost
	At 1January 2022			8,590
	Additions			1,629
	Disposals			(1,548)
	At 31December 2022			8,671
	Depreciation and impairment
	At 1January 2022			5,123
	Depreciation charged in the year			1,731
	Eliminated in respect ofdisposals			(1,363)
	At 31December 2022			5,491
	Carrying amount
	At 31December 2022			3,180
	At 31December 2021			3,467
15	Fixed asset investments
				Listed
				investments
				$
	Costorvaluation
	At 1January 2022			1,859,424
	Additions			518,677
	Valuation changes			(314,323)
	Loss on foreign exchange			(86,641)
	Net income			198,156
	Disposals			(631,551)
	At 31December 2022			1,543,742
	Carrying amount
	At 31December 2022			1,543,742
	At 31December 2021			1,859,424
16	Financial instruments		2022	2021
			$	$
	Carrying amount offinancial assets
	Instruments measured at fair value through	profit or loss	1,543,742	1,859,424

Debtors
								2022		2021
Amounts falling due	within one year:							$		$
Pledged donations receivable								342,004		13,532
Bad debt provisions								(162,044)
Other debtors								123,996		27,913
Prepayments and accrued income								16,092		7,498
								320,088		48,943
The bad debt provision	relates to a drawdown		ofa	restricted	donation,	requested		by the Fund in October 2022, but
which has not yet been received. This donation			was made to the Grand			Magistry		(the central body ofthe Order of
Malta), with the express restriction that itshould be				drawn down bythe		Fund	over	several years forprojects		working
with "Forgotten Children". However,		following	a change ofgovernment			at the Grand Magistry, these			funds	had not
een received atthe reporting date, in		contradiction		todonor wishes and		the	practice for eight previous		draw-downs.
The trustees therefore	consider it prudent to recognise abad				debt provision		against unrestricted resources.
Creditors: amounts	falling due within one year
								2022		2021
								$		$
Other taxation and social security								10,760		11,212
Trade creditors										2,807
Other creditors								1,198,405	1,294,886
Accruals and deferred	income							19,740		18,723
								1,228,905	1,327,628

				2021Movement in funds	2021Movement in funds	2021Movement in funds
			Balance at	Incoming	Resources	Adjustment	Balance at
			1january 2021	resources	expended		31December
							2021
Prison ministry	fund		406,842		(190,222)		216,620
Social and humanitarian			15,141	1,374,126	(1,389,072)		195
Elderly people	fund		173,305	360,000	(410,512)		122,793
Forgotten children		fund		559,088	(599,088)
Cuba			1,394		(1,394)
Medicines for Lebanon				104,087			104,087
Other restricted	funds			116,671	(110,464)		6,207
Vision 2050				40,866	21,736		19,130
			596,628	2,554,838	(2,682,488)		469,032

				2022 Movement in funds	2022 Movement in funds	2022 Movement in funds
			Balance at	Incoming	Resources	Adjustment	Balance at
			1January 2022	resources	expended		31December
							2022
Prison ministry	fund		216,620		(71,820)	99,156	243,956
Social and humanitarian			185	1,373,203	(1,373,398)
Elderly people	fund		122,739	297,000	(419,739)
Forgotten children		fund		389,427	(389,427)
Medicines for Lebanon			104,087	44,368	(20,046)		128,409
Other restricted	funds		6,207	61,692	(50,744)		17,155
Vision 2050			19,130	125,309	(64,454)		79,985
Ukraine				448,462	398,379		50,083
			469,032	2,739,461	(2,788,061)	99,156	519,587

Analysis of	net assets between funds
		Unrestricted	Restricted	Endowment	Total
		2022	2022	2022	2022
			$	$	$
Fund balances at31December 2022 are
represented	by:
Tangible assets		3,180			3,180
Investments		262,754		1,280,988	1,543,742
Current assets/(liabilities)		673,993	519,587		1,193,580
		939,927	519,587	1,280,988	2,740,502
		Unrestricted	Restricted	Endowment	Total
		2021	2021	2021	2021
		$	$	$	$
Fund balances at31December 2021are
represented	by:
Tangible assets		3,467			3,467
Investments		500,544		1,358,880	1,859,424
Current assets/(liabilities)		1,183,078	469,032		1,652,110
		1,687,089	469,032	1,358,880	3,515,001

the Fund in 2022 (2021:none	).
The Fund works closely with	The Global Fund	for Forgotten			People Inc., a	USA-incorporated 501(c)3("the US
Fund"), a charity which also	raises funds for and makes			grants to projects		that work with people		who would
otherwise be forgotten. The two organizations		are separate and independent,				but benefit from shared objectives,
processes and administrative	functions. Administrative		and overhead expenses				that are re- charged	between the
two entities on a recurring basis. The expenses incurred				by	the Fund on behalf ofthe US Fund were $76,377
(2021:$33,971)for the year	ended December	31,2022. The			expenses incurred		by the US Fund on behalf ofthe
Fund were $23,447 (2021:$10,849) for the year ended			December 31,2022.The US Fund owed $52,930(2021:
$23,122)to the Fund as ofDecember 31,2022.
Cash generated from operations							2022	2021
							$	$
Deficit for the year							(774,499)	(122,441)
Adjustments for:
Investment income recognised	in statement offinancial		activities				(33,222)	(17,981)
Gain on disposal ofinvestments							(104,099)	(15,853)
Fair value gains and losses on	investments						424,474	(61,329)
Depreciation and impairment	oftangible fixed assets						1,731	1,842
Investment manager fees							13,719	15,358
Movements in working capital:
(Increase)/decrease in debtors							(217,145)	72,108
(Decrease) in creditors							(98,723)	(335,551)
Cash absorbed by operations							(841,764)	(463,847)