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2021-04-05-accounts

		Page
Charity information
Trustees' report		2-3
Independent auditors'	report	4-7
Statement offinancial	activities
Balance sheet
Statement ofcash flows		10
Notes tothe financial	statements	11-16

						Unrestricted	Restricted	Total	Total
						funds	funds	funds	funds
						2021	2021	2021	2020
					Notes	E	E	E	E
Income from
Donations	and		legacies			6,255	1,171,583	1,177,838	1,328,921
Investments						337,613		337,613	294,384
Total						343,868	1,171,583	1,515,451	1,623,305
Expenditure		on
Charitable	activities				2	121,951	189,000	310,951	192,241
Total						121,951	189,000	310,951	192,241
Gain/(loss)		on	investments			1,974,499		1,974,499	(748,766)
Net movement			in funds			2,196,416	982,583	3,178,999	682,298
Reconciliation			offunds:
Total funds		brought		forward		3,681,741	4,169,062	7,850,803	7,168,505
Total funds		carried		forward	7	5,878,157	5,151,845	11,D25,8D2	7,850,805

					2021	2020
				Notes	f.	E
Cash generated from operating
activities					1,196,575	1,413,309
Cash flows	from investing	activities
Purchase of investments					(1,200,000)	(3,200,000)
Cash used	in investing activities				(1,200,000)	(3,200,000)
Cash flows	from financing	activities
Increase in	cash and cash	equivalents
in the year					(3,425)	(1,786,691)
Cash and cash equivalents		at the
beginning	ofthe year				441,761	2,228,452
Total cash	and cash equivalents		at the	end
ofthe year					438,336	441,761

2	Charitable	activities		Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
				2021	2021	2021	2020
				E	E	E	f
	Donations	to Ashmolean	Museum	106,000	189,000	295,000	187,318
	Governance	costs (note	3)	15,951		15,951	4,923
				121,951	189,000	310,951	192,241

3	Governance	costs				Unrestricted	Unrestricted	Unrestricted	Restricted	Total	Total
							funds		funds	funds	funds
							2021		2021	2021	2020
								f	f	f	f
	Lega Ifees							714		714	335
	Audit fees						9,810			9,810	9,810
	Bank charges							941		941	1,068
	Foreign exchange		(gain)/loss				4,486			4,486	(6,290)
							15,951			15,951	4,923
	The audit fee represents				costs relating to	the provision		of audit services and		accounts production.
	Governance	costs	were		fully unrestricted	in both	the current		and prior years.
4	Fixed asset investments									2021	2020
											f
	Cost
	Market value	at 6	April		2020					7,400,827	4,949,593
	Acquisitions	at cost								1,200,000	3,200,000
	(Loss) / Gains on investment									1,974,499	(748,766)
	Market value	at 5	April		2021					10,575,326	7,400,827
5	Debtors									2021	2020
										f	f
	Prepayments	and	accrued income							35,760	27,565
6	Creditors: amounts			falling due within one year						2021	2020
										f	f
	Trade creditors and			accruals						19,620	19,350

Funds
			Unrestricted	Restricted	Total
			funds	funds	funds
			2021	2021	2021
			f		f
As at 6	April 2020		3,681,741	4,169,062	7,850,803
Income			6,255	1,171,583	1,177,838
Expenditure			(121,951)	(189,000)	(310,951)
Realised gains			337,613		337,613
(Loss) /	gain on investments		1,974,499		1,974,499
As at 5	April 2021		5,878,157	5,151,645	22,029,802
Prior period comparative
			Unrestricted	Restricted	Total
			funds	funds	funds
			2020	2020	2020
As at 6	April 2019		4,307,788	2,860,717	7,168,505
Income			20,576	1,308,345	1,328,921
Expenditure			(192,241)		(192,241)
Realised gains			294,384		294,384
(Loss) /	gain on investments		(748,766)		(748,766)
As at 5	April 2020		3,681741	4,169062	7850803
Analysis ofnet assets between		funds
			Unrestricted	Restricted	Total
			funds	funds	funds
			2021	2021	2021
				f	f
Fixed assets			5,423,681	5,151,645	10,575,326
Current	assets		474,096		474,096
Current	liabilities		(19,620)		(19,620)
			5,878,157	5,151,645	11,029,802

		As restated	As restated
		Unrestricted	Restricted	Total
		funds	funds	funds
		2020	2020	2020
		E	E	E
Fixed assets		3,231,765	4,169,062	7,400,827
Current	assets	469,326		469,326
Current	liabilities	(19,350)		(19,350)
		3,681,741	4,169,062	7,850,803

11	Reconciliation ofne	t movement in	funds to net cash flow fro	m operating ac	tivities
					2021	2020
					E	E
	Net movement in funds				3,178,999	682,298
	Investments movement				(1,974,499)	748,766
	Decrease/(increase)	in debtors			(8,195)	(27,565)
	(Decrease)/increase	in creditors			270	9,810
	Net cash generated	from operating	activities		1,196,575	1,413,309
12	Analysis ofchanges	in net debt			Foreign
					exchange
			At 6April 2020	Cashflow	movements	At 5April 2021
			E		E
	Cash at bank and in	hand	441,761	1,061	(4,486}	438,336
			441,761	1,061	(4,486)	438,336

Comparativ		e s	tatem	ent offinancial activities
					Unrestricted	Restricted	Total
					funds	funds	funds
					2020	2020	2020
					E	E	E
Income from
Donations	and		legacies		20,576	1,308,345	1,328,921
Investments					294,384		294,384
Total					314,960	1,308,345	1,623,305
Expenditure		on
Charitable		activities			192,241		192,241
Total					192,241		192,241
Gains on investments					(748,766)		(748,766)
Net movement			in funds		(626,047)	1,308,345	682,298
Reconciliation			offunds:
Total funds		brought		forward	4,307,788	2,860,717	7,168,505
Total funds		carried forward			3,681,741	4,169,062	7,850,803