THE PORTA PIA 2012 FOUNDATION
TRUSTEES. REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Charity Registsation Number 1152582

THE PORTA PIA 21M2 FOUNDATION
TRUSTEES. REPORT AND FIMANCIAL STATEMENTS
FOR THE YEAR ENDED 310ECEMBER 2021
CONTENTS
PAGES
Trustees, Report
1104
Independent Examinerfs Report
5t06
Statement of finarK4al athibes
Bala￿e sheet
Notes to the financial statements
9t012

THE PORTA PIA 2012 FOIJNDAIKIN
IRU8TEES' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
Chanty Na
P(xla Pia 2012 Fr*Jthb"oTr
hatity Registratiw N￿[thI
1152582
Trustees
Mrs H L (YShÈa
MrJGIYSI
Mt5 J V Senrili
Prin0￿ Offi
Guad Hal H(¥u5e
EC2V 7NQ
IndepeTrJent EKami
Saty ApF4etoTh
Saffery ChatnprE55 LLP
Mitre House
Park Ro)1
HG1 5PX
8arters
CAF 88r&
25 HI A¥erKJe
Hil
Wesl MalliThJ
ME19 4JQ
Sdiators
Wey Hotse
Fatnhatn Road
Gwkif¢N
GU1 4YD
IrNestrn8nt Managers
Gukt Hal H￿se
85 Gresham Street
EC2V 7N¥)

THE PORTA PIA 2012 FOUNDATION
FOR TH£yE￿ ENDED 31 DECEMBER 2021
The TAtslees present tsr report arKI statements of Tr Porta Pia 2012 Fourxlation Ithp Tntstl for the year
eTrJed 31 December 2021. Tr fin*Mial 5tatemerrt5 have beetl try)ared in accNdance wilh attountirw ptslioes Set
out in note 1 to ttE accounts aTrJ comptyv+ith ￿ Trusl Oeed. the CharibÈS Ad 2011. Tequirernents of trE Statemenl
of Re¢0mMerKI￿ Practice." Accwnting Reportry ty charl￿ ac(xKHrts in accordartt %%ith
FIna￿A81 Rewrtir¥J Star￿ard atwicable in UK aTr1 Reput*¢ of IrdaTrJ IFRS 1021 aThl Reror
StsThJaTd awicable in United ￿ngdr￿n arwj Re￿￿1C of ItelarNI (FRS 1021.
infomath"or¢ on paJe I forn)s partofthr& Trustees, R
Structure. govèmanet and managèment
TtU5t is an WITKo￿￿aIed tr￿1 constituted uTrJera tnjst deed dated 17 JarKWy 2013 ￿ is registeredwth Ihe
haFty
The Ttv$t was estsb&slEd by an irubal settlerwt from Ihe Sethr. Tr Tntsl does not fvr￿r*e and seeks io continue
its philarthrowc grdnt4naknry 1hro￿hts cweftl stewardslup of its existir#J restyJces.
AppthnbnÈnt ofthÈ Tntstees 15 m•Je in acc(xdaKt *iJh tenns o(b￿ Tntst D*J. runber of Trustees nwst not
exceed S at arytime.
The Trustees keep the skd& traThvJ requi&y￿￿11erthtr trustee urthr current Trustees are famthar
ilh Ihe w)rk of the TruslaTrJ in adthtion ha%t professsonal Cf lay kn* olihe ¢)wation of IDJsls aThJ c*aribes.
TrainiTYJ OPPQrtunthe5 ate arwj taken approtxiate.
At quartedy meets"ThJs the Tntsiees agree a trfo*J stratew yr*rt rnakff￿. inye5tment re¥iew. reserve& 8TrJ risk
The Trust not employ any $1aff. its affa¥s bg¥rwJ mawrtained ar¥J •￿[￿ri￿tered bythe TtUSteE5.
Covld.19
Substsnti%t irfernatioTr came to Igm in eaty 2￿20 Yjenbfied a5 Co%•>19. Covid.19 has
continued lo be a disrupts"%E for* inthe runniry ofthe Tojst Ihoughwt ts year a[￿ Ihks distuptiw remaned untA all
rÈstThttiorts introduced by IIE UK G0￿r￿rrt we r*as&Y in Q121f22. kn9istic￿ is5￿ SU[ri)￿ding Trustee
meeliTrJs had delayed grant maknNJ ath7be$ in tt* yearerxkny 31 t)ecember21f20. %4fvch ￿tre mltigated in the year
eThYed 31 December 2021.
In¥e$tmenl incorne the vahJat¥M of irNestmenls have been Y￿atIe as a ol Covi&19 and ts Trustee5 meet
reg￿atywih Tnjsfs ins*stmeni rnanager5 ￿ (Kderto thal 5ufficEnt fvThJs are avaiaNe to mÈÈt th¥rgrant
Thjing
Risk Managoment
The Trustees have cortsKlered the rtsks lo￿¥th I￿ Trtst i4 ewOSe￿ aTrJ have feW￿d Iho$È risks and
established syslems and wocedwes to manage thosè tisks. The Ttustees consh1er Valia￿1￿ of inve5knent rettjms to
constitute rnajor r￿K and reviewlhe spread of in¥estments regLlaty freq￿nIty. Th impact of CovKI-19.
togelherwth gwdTbtal ssuÈs concÈtned *ith Ihp vor in UkrwrE Sir￿ ts ye¥ervJ. ha4E ciHtfrmed this vew.
WIEn rnakiry wants T￿￿eS cty avArd to tharitses re￿ *ilh Charitycommisshin aThJ
demonstrate gODd safeguardiThJ m.ce aThY effeth w ofward ftw.
Public Bon&fttstatemert
The Tnlstees a￿ aware of apprcpriate guHlaKX p￿Aished byttE Charity Corrynission and cortsklerthai they ha¥t
mplEd with Secthw 17 of the Charities Act 2011 regard to pulAK tset￿ The f(xxJ5 of the Tru51 rema￿8
Objectives and activities
In accgr(lance %Mth the Ttust A9￿￿￿tt, ￿ T￿L*twas f*ym&J to pay w apth the Tnjst intfft and Irf arrfj
Trustees in their discretion tlynk fftl al w ary patl OT pw15 of wlal to or lors￿￿ ex￿ d)ari¢able otieGts
purposes in any part ofthe ￿rkI as tt* TtUStees tnay ￿ tt*ir disc[eti￿ tiMr* fjL

THe PORTA PiA 21M2 FOUNDAIION
FOR THE YEAR ENOEO 31 DE¢EMBER 2021
Grant making policy
The Trustees detemine wthich grants slKxJkl madè its dwrtk5 wiste￿I￿lIh Ihe Chanty Commission. Urtsoliotwl
ap￿ICatiOnS to the Trusl a￿ considered at Ihe Trusiees. quartety meetirKJs. Hovfftrrnost gtwts made are to a variety
ofGharitie5 the TO￿tee$ hasr aTrJ person￿ kr￿. OrE eflhe Trustees IHL O'sheal is a trustee of
tth) al￿r d)arit*s". St VIr￿t de Pad s￿￿ty {Erylar￿ W*sl aThJ Depa￿ UK (see 91. Trre is no grart
application fomi. M applitAtions. I￿￿ted or ate ¢￿￿Ksere0 regard to need, inpacl and
SLk4tainaknlity.
Achiwements and Pgrlomwico
The Trust made grants in year I(￿a￿j £205.(m12020." £112.0￿1. TIE5e grants are ftsted in note 4 tot
account5. The Trustees have re￿￿rtd the perftrmarK* of chatiti& lo YAMch grants aTr made and, wttere
app￿priate. rewested arNJ deialed repcrts ￿ cfder to ertsLYe Ihatthe grants ¥e Ihe TIu5fs c*arilable
ains.
Flnanclal Revtew
Eyn(*twe incJJred in IheJEar eTrJÈtt 31 De￿Mt￿r2O2l aM0tht￿ to£239.WJ P020.. £145,295).
At 31 De(*mber 2021 Iht Tntst F*kl W fwmts ofQ993.346 (2W20: £2.951.3211.
The Trust is wrrtrolkn by the Trustees tth) are resp)nsiNe tor ts ftwods ofop*ation5 and pdKy. The TNslees in
office drring Ihe ￿rIOd are ￿ted w pa9e 1 ofts rewt aThJ acwjnts.
No TnL%(ee recei%td any reTrwern￿ d￿r¥j the yearaTrJ M T[￿Stee h*1 ary ￿rest in cothct withthe Tr￿St
Res8Thos pollcy
In order to meel therotye(#￿ arml aCkrvM￿1lwj ttE l￿restriCted nature oflhe Tnssvs fijrmts. ts Tru$iees aim
lo maintain free ieser¥es in unrestrided at a ￿ SLrffiaentto gerwale investmentgrrrtAh arK1 relL¥￿ in ortlèrthat
grants aThl awards may be Pa￿ ￿111￿)￿ ￿9￿￿ranty ditniTMShiThJ the furMIs setmpd on ￿ TrusL The Tru$Vs investment
managers enswetlwt £30,(K)O Fer quarter is avalatdeto fLDY 8￿rdS arwj meelU* Trusf$ 51VPOrt and go￿nd￿£
cosls. Tr¥s 15 rev1*A￿l w an ba515.
At 31 Det*mber 2021 the T￿￿t l%hJ total of£2.993.346 1202tr. Q.957.3211.
Inv05knent ￿cY
Tnajonty ofthe Tlusfs ln￿tMert rx)rtrtho is hekl in tr* fm of Stffk Market based in¥Estmerts. investrnent
pg1i¢y rectyJni5e5 the ne&1 regL¥ar cash11￿**11 sl expc6iNJ thÈfurKls lo b'mited risk. In 2020 the Trustees
tasked Tfttsi'$ In￿rr￿rt manager￿1th rv4isiTrJ b)e *Jbp¢b￿ in orderto ger￿￿ a reY￿r cashllow. ar￿Ing frcm
investment irKcme or Ca￿81 suffi(aert to meet ttE Tru5tees' grnnt makKw otrFcb¥es. maintairyng the
capital valLE of ts in￿llI￿nt put￿￿0.
TheTruslees meet *ilh Ihe Trusfs inknrsbnert markw ￿ a q￿[1￿ b3Y5 lo m¥estsi￿1t sxyttolio and
ben¢hmatk rfs agai￿1 Ihe sei arnl s*1sfi￿ that perfomiance.
Pla￿ forfuture periods
Tntslees wiierKJ Itr CLX)tinue 10 make gr*ts lo tharitaNe orgarlsatwts at Trustee5' dwebon to
make grants casMtrrtger*rated fri)rn th*strnÈnt ritAKne *KI wtal grcvkn frcrn In￿￿nentS.

The PORTA PLA 2012 FOUNDATION
FCfiThE YEAR ENDED 31 DECEIIBER X+21
Statement of Trustees. responsibilities
The Tr￿lee$ r*potJsiblp lor prepari￿ IIE y1￿￿tee$. ReK*Jrt IhefirwrKa4 sl*rnerts in aCcordarte￿Ih
athicabk law arKI United Kmgdom AtAxmtirnJ StaThlwls {Unit￿ Kwjcffl GeWIAtr¥ed Accounting Practice).
The law aprI￿ab[e to ch*rt￿ u) En*rNI arKJ Wales require5 fv T￿￿ee$ to wepare ffianC4￿ statemeryts for eac*
financial yearthKh gNe a true 8Th1 fair¥iew ofthe stale of affai[5 thariiy and of irKoM￿g resourTr5 arxl
ofre5owces forthal pernd. In wep8nr*J b￿r￿n¢421 staleMe￿. tt* Tr￿tee¥ are required to:
. Select surtatle potLaes aTrJ IIEn
- Observe the met￿¥ prinurAes ￿ the Charibe5 SORP FRS 102>..
. Make aNI estimates th* are reasrxwble pDJYent'.
. Stale %4tsther app￿¢4b￿ UKAcc(xJthrvJ St*Mlatth have bew follLy*vJ. sutylto any materlal L*partwes d￿￿oSed
and exrlained in the finarKial statemenis..
. Prepare the slatements g(¥ThJ it ￿ itwpprowidte Io K￿lM￿ that tharftab
tnk%t coniiNJe in trttsiw.
The Tru51ees are re5rffi5ible for kee￿9 proper aCcO￿l￿g rec(*ts Ihat d1sdt)sei￿th teasonable ac￿raCY at any tthe
the financial p0s￿On oftr* dwriiy and enabk Ihwn to ensure ttBI financk?I state￿￿t$ tompty ¥￿th CharrtEs Act
2011, applicable ac0)unIF￿ regkn atHI pm1s1(￿ oftrE TnLSt deed. TW are also reSpOrtsit)￿ for 5afeguardu
the assets of the tharity ￿ hence laknrKJ reasonth steps lorlhe prevwDon arnj (klection of tra￿1 and
irregLAarities.
Independent Examlnatlon
Glven the soe of ts Trusl an audrt rerw¢J. Trustees h8SE decpjed lo hab* ￿ IIthFErxlvrt Examination in
Flace of an audiÉ fc¢lhe year ended 31 Decembw 2021.
AFwro%ed by Tntstees
411n1￿￿_
Semitt
TNstee
H (Y&Ea
Trn￿tee

THE PORTA 2012 FOUNDATION
INDEPENDENT EXAIIINeR'S REPORTTOTHE TRUSTEES
YEAR ENDED 31 DECEMBER 2021
Indepond•nt •xamin•fs Trport to the Irustees of The Porta Pia 2012 Foundation
I report tothé trustea8 on my gxaminatKJn ofthe accounts otThe Fknrta 2012 FoundalkM ItheTwsllforthe yearended
31 D￿mber 2021.
R•s[￿￿1¥e responsibilities of trustees and examiner
As the charity tnjstees of the Trust you are T￿1x)￿l￿e br the preparation of the *XXMJnts in ￿)rdan￿ with the
requirements of Challb"8s Ad 2011 Ilhe ACYI.
I report in respect of rny examination ofthe T￿l'S accounts carried out undersection 145 ofthe 2011 Act and in earyiro
out tny exarnination I have folk)%%Ed all the aWICab￿ ch"￿t￿)rts gwen by the Charity Commission under section 14515Mb)
of the Act.
Basis of independent examinerfs rEport
My examination Was carried out in accl)rdan￿ wlh general DIT￿￿On5 gNen by Ihe Charity C4)tnrnission. An
examination indudes a rewewol the a(xx)untrng r&)Yds kept by the charty and a cOrnpari￿n of the aco)unts p￿ented
th those rewrds. It also indudes considetstion of any unusu81 item5 or di8d09J￿ in the ac(x)unts. and ￿k1Trg
èxplanation5 from you as trustees o)ncemiw any such Tnatte￿. The prr¢&lures undertaken do not proMde all the
evidence that would ￿ required in an audit and rx)nS&]u￿(ty Th) ow"nw)n is giv￿ as to whether the accounts present a
rue and fatrvv* the rekKJrt is lim￿ to thctse malters set out in the 5tsternent telow.
Independentexaminerfs stalement
I have completed rny exarnination. l (xjnfimi that ro material matters have wme to my attention Én cx)nnectKJn with the
examination giving rne cause to believe that in any Materi￿ reSp￿L
1. a(tountiw records were n(rt kept in resp8(a ofthg Tnjst as requir&J by s￿l￿)n 130 of th8 Arl or
2. th8 8¢xounts do rM)t aco)rd th)se I￿rdS.. or
3. the acu)unts do not Comp￿ ￿th the appli(able reqUireM￿ts ￿ncern1r0 the fomi and o)ntent of ￿Tts set oul in
the Ch8rtb"e5 IAco)unts and ReFOrtsl Re9(￿abOns 2(X)8 otherthan any requirement that tha ac¢ounts give a 'true and fair
ew, whith is not a rnatter considered as part ol an irthperwknt èxarninab"on.

THE PORTA PLA2012 FOUNDAmfx4
INDEPENOEMT EXAMINER'S REPORTTO ThETRLL8TEES
YEAR ENDED 31 DECEklBER 2021
I have no concems and have com &ross no other matters in vthh the e￿aMInatIon io whith attention should
be drawn in th￿ report in orderto enable a ￿￿Per understandiro of the axxunts to be re8thed.
5* 4pW
Sally Appkton
Institute ol Chart￿￿ Actountsnts EngL4rKI and W*$
Saffery Champness LLP
Chartered Actountants
Mitre HoLJse
North Park Road
Harrogate
HG1 5RX
Date..
13 October 2022

The PORTA PiA 2frf2 FOUNDAIiON
FOR IHE YEAR ENDED 31 DECEMBER 2021
2021
2020
Incomè
Inve5trTEnt incorrE
27.694
74,805
Total It)c(thè
28.694
74.805
ExpÈndilurÈ
Costs ofraisity lthts
InNT5trnent Mantyemenl Costs
(31.4W4
130,127)
1209,4011
1115.1681
Total *xpenditu
1240.8931
1145.295)
Net expendituro befwe gairns and 10s8es on
1212.1991
ITO.4901
Net ga¥¢l(105sesl ¢M inlt5tTh￿nl5
248224
156,2511
Not Incom￿(9Xp0ndttUI8j and net movem
In lunds fortheJ*ar
36.025
1126.7411
Reconciliation tslfunds
FuThls brougm for%Yard
Total funds tarrfed foThwd
2.957?21
2.993.346
8.084.(￿2
2.957,321
AJ operats.ons *e conbNiffj
AJ reC￿r¥sed g*n$ and ltssses durirwJ tsye¥ we the S¢atemeM of FinaThial Acbmtses. ThÈ
accompanwng wles fcfm an Integr￿ partolthese ￿antial slaien*rrfs.

THE PORTA PIA2012 FOUNDAnoN
BALfvA¢E SNE
AS AT 31 DECEMBER 2021
2021
2020
assèts
InvestrY&tt$
2.994,036
2.876.604
¢uffentassets
Debtors
Cash al ba￿ ￿ in h
2,823
2.218
4,485
91.937
5.041
96,422
Uabllttl8S
1S.TJ11
115.7051
eurrent Oia*lttiEsyossets
16901
80,717
2.993.346
2,957.321
Represented ty:
Unrestricted Fund5
2.993.346
2.957.321
Total Funds
2.993.346
2.951.321
71IDI*)
aTrJ svJned on tsr
Hoshea
Ttustee
TtU5tee
¢hawlty Rogl8tration Number 1152582

THE PORTA PIA21M2 FOUNOAIION
NOIES TO ThE FIIiAJ4ClhL STATEMENTS
FOR THE YEOJI ENDED 31 DECEIIBER 2021
Pplnclpal aecountlng poll¢les
The principal accounting are 5wnmar*ed tdyw. The acccrt￿ pcth.oes hame been aKWied
Il￿ghtsUtthe year.
Bas￿ of Accounting
The finanual sl8temeThts have prepared ¥Tr1ert￿ histuical cJ)51 con￿￿(￿ as mod￿1 bythe indugon of fixed
asset Inve51Jnent5 at tnatket vth. financiJ 5talernenls ha￿￿ been wepared in acccrfla￿e ¥￿th the Statement of
RecommeNled Pracbo". Act￿nting arml RepDtkng ty char￿e5 wepariry trEir accwnts in accordance the
FinarK481 Reportir*J Standard *icable in the UK aTrJ Rewbk of I￿lar*I (FRS 1021, Its SOFtPI. the Finanual
RepDrtsry Standard appficaNe in the UThted aThJ oflreland IFRS 10218rn1 Chartses Act 2011.
The TnL8t eort6tstutes a tenefft enbty as defir*d try FRS 102.
The financial $18tements have been ￿P￿ed to gnts a a[￿ far viewatxl have depatted from the Charities (Accwnts
Reports) Regulatio￿ 2008 to ￿ extent reqLDred to prov¥Je a lftÈ aThl farmew. This departure has invc4wed
follryhirvJ SORP rattEr than AccO￿ti￿ Charii*s.' slateMe￿ OfRetoM￿ Pradte IrÈwsed
20051 which has been *I￿raV￿L
Fund a¢￿untIng
AJI fuThls are c(x)sidered to be unrestritted. UntE5trithl funds arè a*diWÈfot ￿ at ts thscretion oYlheTDJstees in
erance of the ge￿ra1 objecthts ofthe Chanty.
Incomè ￿t￿gnItiO
l incomiw resour￿5 are irthjed in Ihe ststemert offfinarKsal aclith w)en the Tnjst is entitled to the incm, it is
wobabk that the incomewll be reca*d aThJ Ihe amurt Can be wantiw reasonab￿ aL*JJracy.
Donated servKes
Fattl￿eS and 5ÈMtÉ$ wowded to Ihe Tftjst by arÈ ind￿kn1 in trEStat￿nt offThnral activIt￿S as
donthns on a bw$. a CwEs￿lnY 5urn i￿￿ed a5 Go￿Tranc£ Costs. These donated seNtces are
valwl a$ IhE amOunt￿￿th Tr￿$t have to seTvKe5 in ￿ cyen m•keL
ExpenJture is reccgnised on bays as socffi astr*re is a kgal or cwtstructive obl¥JaliDn C¢)Tnmitling tr
harity to that ewKJiture. it is wobable Ihal 5eldement*il te required aThY Ihe amoLmt of IhÈ otAw)ation be
measured reliably. ExpeThJitwe in(kne$ any VAT. rK)t rEc¢)NWar￿ tythe Trust. 8ThJ is repo￿ as part ofthe
e%￿rt￿e lo rt relates.
charitab￿ ewenditure e¢)mtrises grants and ￿r￿S made ty Ihe TnJst*s. Grants PtydNe are rewi%d th an
undertaking to pay thÈ gtant has b￿￿ ente￿ inlo.
Go%wna￿e wsts indLhYes thc6e costs 8ssor*ated vAth mee¢ry ts ¢xJnsts￿￿￿￿ 8rKI statrtry w￿remerIts ofb
Tntsl aThl i￿knde ts IndeKwxknt examinatiw fees ofttE TrL￿.
Investrnents
I￿￿$t￿￿nts are ￿d￿jed in Ihe aCcO￿ts at ts bh1 price al Ihe end oftr* financial year. Real￿ed and Ur￿liSed gai
losses are reco9rMsed in S¢atem** OfFina￿l Ai*ts year in tw arise.
Going
tru5tee5 cO￿K1Pr￿al tIEre are M materia ￿erta￿ aboultr* TDJsfs aL*to (Xjrtir￿ a5 a goiw ￿nce￿￿
HaviryJ cortsideRd Ihe ￿paCt ￿ in¥estr))ent fluctukn **yth kn8￿ a￿n both from CovO.19 aTrJ getrpolitical iss
surrounding IhewEr in UkrairE, Ihe T￿L8tee8 are satisftd Ihal tt* Tfttst has ￿1￿llate lutmts ￿ ￿de[tO meet its
Obl￿ationS and continuelo adoptthe gcry b8sis in Ihe preparakn ofthese financi￿ statements.
Finan¢iol in5twuments
ThÈ Trust only has finantial assets atKI T￿￿tial Df a knrKI that quaffy as basic finan<4al instDJrrMb. Basic
fina￿al inslnjments are inrtkity le￿nISed at transacti￿ suttsequenty rneasur&l altheir 5elYemenl val￿.

ThE PORTA PIA 2012 FOUNDAMON
NOTES TO THE FINANCINL STATEIIENTS CDnOnyed
FOR THE YEAR ENDED 31 DECEIIBER 21121
1 Prln¢lW accountlng policies I￿￿￿￿￿9￿)
Estlmates and Judgements
With respect to the r*xt reportin9 wod. J*ar erNliNJ on 31 Dewnber 2Ot2. Ihe rnosl s￿nfftant areas of
uncertainty that affect IrE canwng Val￿ of 8ssets Trust ate the ofinyestmwl retum and perfom8nce
of investrn•t marke15 (see irwestment pow aTrJ ￿erfO￿nar￿£ iisk secti(xts ofts* trustees. anr￿1 Tewt
ror mLYe Infom)21ionl. tr￿tee5 tpMewthi5 on an baw5.
2 Inve5tmoDt incomg
2021
2020
Income from IL%ted irA*strY*nts
Total in￿lMent income
27.694
27.694
74.805
74.805
D¢n•tion%
2021
2020
Donated acCo￿nry seNc
TO￿ donated set*ices
2021
2020
Grant ILm￿d acti￿ I[￿4)
Govemarte costs Inote 51
Total expendtiure on charitaNe act
205.000
3,401
208.401
112,000
3.168
115,168
Grafft funded acthi
Duriry yeaTttE fo4oKfflg grwts ar¥J (k)nati￿￿Ere payat4e:
2021
2020
Stvmcent De Pa￿ So• ak)J Wales)
Depaul UK
The Samaritans
Crisis
The Pas$age
streetd￿
The Hope Foundation
PapyTUS
CALM
Play Acbon Intemational IFormerty Ea5tAlrKan Play￿)
Why tne UK
Maytree
Isliryton Centrefor Reft
Depaul Inlernational
H* for Musiuar
Acti￿ lor Chlk1ren
35.L¥)D
20.wo
20.0)0
20.￿0
20.IX)O
10.WD
10.IY)D
10,WO
10,QOO
lO.￿D
10.Ix)D
lo.￿0
10.WO
s.￿0
35,000
15.000
15.000
10,OOD
5.1)00
5.000
Zerv 9rwts of £3.(M)O or k5s121r20'. 11
2.000
112.QOO
205,￿0
10

The PORTA PIA 2012 FOUNDATION
IIOTES TO ThE FINWICIAL STATEMENTS Icontlnwd)
FOR THE YEAR ENDED 31 DECEIIBER 2021
6 Governanco costs
2021
2020
Ir￿lependent exwninatiM fees VAT)
Bank charges
78
1.000
4.401
3.188
in fixed assel ifftstrnents
2021
2020
Market value at 1 JawJy
Addition5 to investrnents at cost
Disposals at carying V￿￿e
Movemerrt on cash
Unrealised Gan on
2,876.604
529.394
1457.5701
1180.8381
226.446
3.080.744
1,167.659
11.743,6241
96,853
274,972
Markel Val￿ as at 31 D￿MLer
2.g94.036
2.87e,604
Nel Cash rthased frC￿ in¥eslments ye¥wd5 £128.46712020.. £1W2.460I.
IrNeslments at market co
2021
2020
UK listed investmwtS
US lisled investments
Cash
2,572.097
350.951
70.988
2.994.036
2.314.590
310.188
251.826
2.876.804
Net gair&lOossesl oftt* txjtlfolo arE a5 fcknA'.
20
2020
Realised gair￿{lO¥se8>
Unrealised gairn5
Net gainslllosses)
21.778
1331,2331
274.972
158.2611
8 Debtohs
2021
2020
2.823
4.485

THE PORTA PIA2012 FOUNDATION
NOTES TO THE FINANCIAL STATEWE14TS lcontlhuedl
FOR ThE YEAR ENDED 31 DECEMBER 2021
9 ¢redltors: thounts falling duè*lthin year
2021
2020
tuals
Grant5 payable
5.731
5.705
10.000
15.705
5,731
10 Rolatsd partytransa¢tlo
During the yeartlE TrLEt paKI £35.IKK>12020.' £35.OW ts stvlncem de P*A SWY (En*ThY aThJ Waksl aTrJ £20,C¢IO
12020". £20.0(￿>t￿ Dep3d UK Tlwe dwi1￿ arv Con5bJe￿a to t¢ rdaled a6 H L os￿ a T4UStee of tr*)th and
Tntslee of the TftJsL
At Yearer￿ £rylvrds to Stvmcent de Sc• IEWAI W*sl P020: £1￿).
H L (Yshea i8 rb)t inyoNtd in de{aSw￿ makry regardwvJ grartslollw rygarx5atior
11 Trustees and employees
Trustees wt rece￿￿ rern￿r￿on Ihey Krfwere ￿ exwbe5 teimiu5ed12020.. £niD.
12