Registered Charity number: 1155582 CHARLES AND JULIA HENRY FUND ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021 CHARLES AND JULIA HENRY FUND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2021 The Trustees present their annual report and financial statemen15 of the tharTty for the year ended 31 July 2021. The financial statements have been Prepared in accordance with the accounting policies set out in Nole I to the accounts and comply with the charit(s trust deed. the Charities Act 2011 and Accounting and Reporting by Charities- Statement of Recommended Practice ISORPI applicable to charitres preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 Isecond edttion of the charities SORP IFRS1021 October 2019, effective I january 20191. OBJEcfs AND AUIWTtES OF THE FUND FOR THE PUBLIC BENEF In accordance with the governing documents, the objective of the Henry Fund is to provide scholarships IHenry Fellowships) to UK and to American studenls to study for one academic year at the Universities of Harvard, Yale, Cambridge and Oxford. The Fellow5hip5 provide full university and college tuition fees for the course of study approved by the Trustees and any requisite student health insurance, a stipend for living costs, and a grant for travel. They enable a small number of Brlt15h and American Unlversity graduates to take advantage of particular educational opportunities and are awarded annually. in competr¢ion. In fulfilling their obligaiions, the Trustees have had regard to the guidance Issued by the Charity Commisslon on public benefit. ACHIEVEMENTS AND PERFORMANCE Henry Fellowshlps S¢heme For 2020121, the Trustees pursued the Fund's objectrves by agreeing to use its fund5 to award five Henry Fellowships of good value.. one at Harvard and two at Yale, filled by competition from eligible students based in the UK. and two al Oxford or Cambrid8e at the preference of the candidale, one nominated by the HaTrard Trustees and one nominated by the Yale Trustees. The Trustees determined that the level of maintenance grant for 2020121 should be.. $34,000 for the Henry Fellows at Harvard and Yale.. £23.3cKI for ihe Henry Fellow5 at Oxford or Cambridge. The Henry Fund also met the tuition fees for the four Fellows, and provided each with a travel grant of £2,500. UK students to Harvard and Ycle. 2020/21 The eligibility criteria for the Fellowships were. following the Resolution of December 2013 referred to above. were that candidates musl be'.- lal enrolled as full-time 51udents at universities in the Brttish Isles including all universities and equivalent higher education instttutions with deBree-awarding powers in the United Kingdom of Great Britain and Northern Ireland and in the Republic of Ireland Ithe'quolifying HEls' for the purp￿e$ of condition Ibl belowl- and either undergraduates of a qualifying HEI who had completed at least two year5 undergraduate work on l January 2020, or lill graduates of a quolifying HEI who were in their first year of postgraduate sludy in a quolifying HEI in the academic year 2019-20- and who were normalty of not more than one yea¢s standing from the time of taking their first degree of equNalent at the quulifying HEI. While 3 very high. and sustained, standard of academic achievement is required of successful UK candidates. the Trustees also attach importance to other attainments and personal qualities relevant to the Founder's intentions. Candidates are therefore required to provide evidence of full engagement in the broader intellectual lrfe of their university. and of participalion- and achievement- in relevant non-academic activilies, for instance in the wider cultural. social. and community life of their university. In essence. the Trustee5 W15h a150 to consider the Fellow's potential for fLtII invofvement in the intellectual. s¢xial and communal life of the h05t Amerltan university, and their fulure promise to make a mark in public life or for leadership. Candidates must produce evidence of character and intellectual ability, and fflu5t also submit a definite scheme of stltdy or research to be carried out at the American unNersities. The Trustees must be sat15fied that the proposed work falls wkthln ordlnary unlversity facilities. In February 2020, at a meettn8 of the trustees, twelve outstanding candidates were called for nteNiew and three candidates selected for nominatlon to Henry Fellowships- one at Harvard. two at Yale. The Henry Fellows appointed for 2020121 were.. At Horvord.. Rachel Tustin lex Peterhouse, Cambridgel- deferred place to 2021-22 due to pandemic Charles Mann lex University Colle8e. London) Emil Sands lex Christ's College, Cambrid8el- deferred place to 2021-22 due lo pandemic At Yole: US students to Cambridge or Oxford. 2020121 Nominations to Henry Fellowships to be held Jt Oxford or Cambrid8e universities by graduates of Harvard and Yale were made separately by the two universities on the authority respertively of the HaNard and Yale Trustees. through the established Harvard OT Yale open competition machlnery for post8raduate visiting awards. The Henry Fellows appointed for 2019120 were: At 8rosenose College, OxAord- Isabel Bemhard (reading for the Master of Sciente in Latln American Studies). the nominee of Harvard Universitv At King's College, Combridge- Shady Qubaly (readin8 for the MPhil in Development Studies), the nominee of Harvard Universily Pn>rter Fellowships (Princetonj The Henry Trustees made two nominatlons to the Princeton University authorities- Jonathon Turnbull IKin8's College, Cambridge) and Luke Ilott Ichrist's College. Cambridge). Due to the pandernic Luke and Jonathon are still waiting to take up their places as Princeton currently will not accept visiting students. They hope to attend Princeton UnNersity in August 2022. Choote Fellowship {Horwordl The Henry Trustees advised the University of Cambridge on a nomination to Harvard for appointment to the Choate Fellowship: Marcel Hedman lex Churchill College. Cambridge). FINANCIAL REVIEW Financlal summary and perfornian¢e For the year ended July 2021. The Henry Fund had a loss before investment gain of £145.994. compared with a surplus of £39.641 for the year erbded 31 July 2020. The income from investments wa5 £174.75912020.. £224,786) and there were net gain on investments in the year of 1,375,647 12020: £510,066 Ios51. Year end funds amounted to £9.155,32512020.. £7,925,672). Oetails of the Henry Fund's financial activities and performance can be found in the accounts and financial statements of the charity for the year ended 31 July 2021, whKh were subject to an Independenl Examination. Reserves Policy The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately six months of unrestricted charitable expenditure. The Trustees Consider that this level will ensure that there are sufficient funds available to meet their commitment to fund ihe Henry Fellowships scheme. support and governance costs. Reserves include investments valued at £9.078.480 which are used to generate the income to allow the grant awards to be paid. The Trustees review reserve levels annually when deciding how many Henry Fellowships to award at interview. Investment management The Fund's investments have been managed by Cazenove Capital Management Isehroder & Co. Ltd) slnce April 2014. Investment Pollcy Cazenove Capital Management arts as investment adviser to the Henry Fund and manages its funds. There are no restridions on the charity's power to invest. The portfolio aims to 5UStain the level of income in real terms, whilst maintaining the capital value. This has been achieved throu8h balanced risk portfolio of pooled equity and fixed income funds. The portfolio allocates a high weighting to equity in order to support the income requirements. The investment policy is reviewed annu81ty. STRucfuRE, GOVERNANCE & MANAGEMENT The Foundation The Charles and Julia Henry Fund Ithe'Henry Fund'l is governed by the Will dated 7 February 1927 of Lady Julia Lewisohn Henry and was set up by her'in the earnest hope and desire of cementing the bonds of friendship between the British Empire and the United States of America, Income from the Henry Fund provides for Fellowship5 for British subjects to study for a year at Harvard or Yale UnNersities, and for American subjects to study for a year at Oxford or Cambridge Universities. By resolution dated 20 December 2013 the Trustees amended ihe purposes of the Fund. specifitally changing the references to n3tionallty in Clause 11131 of the Will of Lady Julia Henry119271: We. Iht under5ign¢d TTus1¢¢5 of the Charles Julia Ilenry Fund Flenr> Fund, in exercise of the power of am¢ndm¢nt * Clause 11191 of the Will dat¢d 7 February 1927 of Lady Julia Lewisohn Henry and being mindful of ihe sp￿lf1¢%11ott in Clause 11131 a5 lo the ￿1¢YaNt American and En81ish univer5ilie5. re501ve to athjpt. Ivith effect from 20 Ikc¢mb¢r 2013, th¢ following revised wording aliering the PUTP)ses. stated al th¢ ¢ommeThcemeni of Clause I l of the Will, for whirh the income of the Fund shall be applicable with respect to providing Scholarships ai American and English L'niversiiies.. Scholarthips ienable ai ih¢ Univ¢TSities of Harvard and Yale for siud¢nis currently enrolled at univ¢rsiiies in Ihe Brili5h Isles: holarship5 tenable at ihe UniversitlC5 of Oxford and Cambrid8t for 5ludent5 rurrently enrolled at universities in Ihe United Stales ofAmerica. For ihe piiii)oses olptstUgTuph luj. 'iiniwrsiiies in ihe Ilriiixh Isles. shull in¢.lud¥ ull ￿￿11'V•&iti￿ts oml vquivul¥ni hi%￿r ethkuiion 1nsiiitsiio￿ Miih Ikgree-thvui'dinR powers ihe OniiL.d AinkFdom t)f 6reJt Briluin urnl.lorihern Irelundand in IIMP RepybliL oflrelund Charltable status Because of the nature of its activities and its connection with the universities of Oxford and Cambridge the Henry Fund has since its establishment been treated as an exempt charlty. During 2013114 the English Trustees sought registration with the Charity Commission. The Henry Fund secured registration with the Charity Commission with effect from 31 January 2014- ReBistered Charity Number 1155582 - Charles and Julia Henry Fund. Or84n•satlon Strurture The Will provides that the Fund shall be administered by twelve Trustees, three appointed by each of these four universities.. University of Oxford.. University of Cèmbrid8e' Harvard Universily I'the Hatvard Trustees'l,. Yale Universlty I'the Yale Trustees'l. The six Trustees appointed by the universities of Oxford and Cambridge- referred to as'the English Trustees. _ are appointed a5 individuals for whatever period. if any. the appointing Unlverslty determines. They are normally heads of Colleges, or senior professors or off iters, and afe appointed after consultation with the other Engllsh Trustees. so that an appropriate balante of distiplines can be assured for the 5È1ection of Fellows. The Harvard and Yale Trustees are normally appointed ex officio, being the President. the Dean of the undergraduate College or School. and the Secretary of each respective University. The six are referred to as 'the American Trustees,. The Chairman is one of ihe Englbsh Trustees, appointed by ihem. The Secretary is normally an officer of the University of Oxford or of the University of Cambrldge. approved by the English Trustees. A Deputy Secretary may abso be approved. Flnance and Investment Because the Henry Fund is a UK foundation the twelve Trustees delegate financial and investment management to the six English Trustees. The English Trustees appoint investment managers andlor investment advisers, and if necessary investment custodians. The English Trustees appoint the Independent Examiner annually Icurrently Peters. Elworthy and Moore, Cambrid8el. Routine financial administration under the difection of the Trustees is undertaken by the Finance Divlsion of the University Offices. the University of Cambridge. on payment of an annual charge. Payments and other transactions from the Henry Fund are made on the instrurtion5 of a Trustee or the Secretary lor the Deputy Secretary): no such person can authori5e a payment to himself or herself. Fellowships S¢heme Henry Fellowships held ot Horvord ond Yole Nominations to Fellowships to be held at Harvard and Yale by graduates of UK universities are made collectively by the English Trustees after national advertisement and competitbon. Each Fellow nominated must be accepted by the University authoritie5 concerned at HaNard or Yale. The HaNard and Yale Trustees respectivety use their best endeavours to ensure acceptance. Henry Fellowships held t>t Oxford and Combridge Nomlnations to Fellowships to be held at Oxford and Cambridge by graduates of Harvard and Yale re made separately by the latter two universities on the authority respectively of the Harvard and Yale Trustees, through the established HaNard or Yale selection machinery for postgraduate visiting awards. Each Fellow so nominated must be accepted by a College in Oxford or Cambridge, and if necessary by the UnTrver5ity authorlty conterned (for example. in the case of postgraduate courses). The English Truslees use their best endeavouTS lo ensure acceptance. Prinfeton Unlverslty, Graduate School- Procter Fellowships By arrangement with the unNersf(ies of Oxford and Cambrid8e, the English Trustees recommend- as part of the national competition relerred to above- candidates for nomination Iformally. by the two universities) to the Graduate School of Princeton University for appointment to Jane Eliza Procter and William Cooper Procter Fellowships I'Procter Fellowships'l held in the Graduate School. The final appointment is made by Princeton University, after review and approval by the appropriate academic department of the Unfversity. Harvard Unlverslty, Joseph Hod8es Choate Memorial Fellowshlp The Choate Fellowship was established in 1919 by members of the Harvard Club of New York City in memory of Joseph Hod8es Choate, US Ambassador to the UK 1899-1905. It is awarded each year by Harvard Untversity on the recommendation of the Vice-chancellor of the University of Cambridge, for study in any Department of Harvard UnNersity,' under the terms of the Harvard trust only candidates from the University of Cambrid8e are in practice elvdible. By arrangement wlth the University of Cambridge, the English Trustees on occosion recommend- as part of the national competltion referred to above,- a candidate for nomination to the Harvard authorities. Coronavlrus potential impart The Coronavirus pandemic has undoubtedly affected the charivs financial investments and charitable activities goin8 forward. As the charit￿$ investments are actively managed by a professional investment managemeni company, this should minimize the impact of the financial downturn. As for its charitable activities, the application process for student awards proceeded a5 normal in 2021 and 2022. However. it 15 anticipated that sludent applications are affected by the uncertainty surrounding the epidemic- particularly the problems with travelling. The Trustees will consider how the Charity can help existing and future awar¢lees, erfther with additional funds or with flexibility in the timing of their awards. Annual meetin8 The English Trustees hold an annual meeting. which considers in particular matters concerning finance and investment, and the Henry Fellowships scheme. A governarbce statement is reviewed annually by the English Trustees and re-adopted. following any necessary change5. STATUS & ADMINISTRATION The Foundation of the Henry Fund The Charles and Julia Henry Fund Ithe'Henry Fund'l 15 governed by the Will dated 7 February 1927 of lady Julia Lewisohn Henry and was set up by her in order to provide lil Fellowships for British subjects to study at Harvard and Yale universities and lill for American subject5 to study at Oxford and Cambridge universities. The Trustees The Trustees who seThed during the year were.. University of Combridge.. Professor Lord Eatwell, P￿S￿lent of Queens. College IChairmanl- reslgned September 2020 Mr Alan Bookbinder. Master of Downing College- appointed September 2021 Lord Smiih of Fin5bury, Master of Pembroke College Dame Fiona Reynolds, Master of Emmanuel College- resi8ned September 2021 Ms Bridget Kendall, Master an(J Fellows of Peterhouse- appointed September 2020 University oAOxford.' Professor David Clary, President of Magdalen College- resiBned September 2020 Mr Will Hutton, Principal of Hertford College- resigned September 2020 Barones5 Royall of Blaisdon PC, Principal of SomeNille Colle8e Ms Dlnah Ross, The College of St Mary MaBdalene- appointed September 2020 Mr Tom Fletcher- appointed September 2020 Horvard Untversity.. Mr Lawrence S. Bakow. President of Harvard Unbversity Mr Mart Goodheart. Vice President and Secretary of Harvard University Professor Rakesh Khurana, Danoff Dean of Harvard College Yale University.. Professor Peter Salovey. President of Yale University Ms Kimberley Goff-crews, Secretary and Vice PresKlent for Student Life. Yale University Professor Marvin M. Chun. Dean of Yale College Secretaries Jesslca Barritk. Deputy Head Finance and Studentship5, University of Cambridge Isecrelaryl The day-to-day running of the Trust is managed by the Secretary. Principal Address The Charles and julia Henry Fund University of Cambridge Student Funding Team Student Services Centre Bene't Street Cambridge CB2 3PT Website-. htt v4ww.hen rocter-choale.fund.£am.ac.u Independent Examiner Mrs K Bretherick FCA Peters, Elworthy & Moore Chartered Attountants Salisbury Hoijse Station Road Cambridge CBI 2LA Bankers Barclays 8ank plc 9- 11 St Andrews Street Cambridge CB2 3AA Accountancy Servlces Finance Division- Treasury & Investments Universrty of Cambridge Greenwich House Madingley Road Cambridge CB3 OTX Investment Mana8ers Cazenove Capital Management Sthroder & Co. Limited l London Wall Place EC2Y SAU Statement of Trustees. Responslbllities The Trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accountin8 Practice). Law applicable lo charitles In En8lan(J and Wales requires the Trustees to prepare financi81 statements lor each financial year which give a true and fair view of the state of affairs of the charity and of the incomlnB resources and application of resources of the charity for that period. In preparing these financial statements, the Trnstees are requlred to: select sultable accounting policies and then appty them consistently- observe the meth¢xls and principles in the Charities SORP,. make judgements and estimates that are ￿3$onable and prudent: state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statement5,' prepare the financial statements on the going concern basis unle$5 it is inappropriate to presume that the charity will continue in operation. The Trustees a￿ responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the finantial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. the Charity (Accounts and Reportsl Regulations 2008 and the provisions of the tnjst deed. They are also responsible for safeguarding the asset5 of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. For and on behalf of the Trurtees of the Charles and Julia Henry Fund Professor Lordsmith Chalmi•n Date: 31 2oii INDEPENOENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 JULY 2021 Ind•pgnd•nt Examln•rf• Report to th• Trust•o0 of Tho Ch*rf•• and Julla H•nry Fund Ithe'charity'l I report lo the chanty Trustees on my examin*ion of the accounts of the Chanty for the year ended 31 Juty 2021. This report is made solely to the Charity's Tnjstees. as a body, in xcordance wrth Part 4 of the charities IAe¢ounls and Reportsl Regulations 2008. My work has been undertaken so Ihal I might slate lo the Charty's Trustees those matter5 1 arn required to state lo them in an Independent examinerfs report and for no other purpose. To the fullest extent pemrtted by law, I do not accept or assume responsibility lo anyone other than The Chades and Julia Henry Fund and the Chanty's Trustees as a body. for my work or for this report. RESPONSIBILITIES AND BASIS OF REPORT As the Trustees of The Chades and Julia Henry Fund you are responsible for the preparation of the accounts In accordance with the requI￿rnents ol Ihe Chanties Act 2011 1.the 2011 Adl. I report in respect of my examinatK*n of the Charity's accounts carried out under section 145 of the 2011 Act and in Carrying out my examination I have followed all the applicablè Directions givèn by the Charity Commission under sedion 1451511bl of the 2011 Act. INDEPENDENT EXAMINER'S STATEMENT Your attenlbon is drawn to the lact Ihal Ihe Charity has prepared the accounts in accordance with Aceounling and Reporting by Chanlies." Slalemenl of Recommended Pradice apPI￿able lo charit￿S preparing their accounts aceordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland IFRS 1021 in prefer6nee lo the AccoLbnting and Reporting by Charrties. Slalemenl of Recommended Practice Issued on 1 April 2¢Jos wh￿h is ￿ferred to in the extant regulations bul has been wrthdrawn. l understand that this has been done in order for the accounts to proV￿e a Irue and fair view in accordance wrth the Generally Accepled Accounting Practice effeth.ve for reporb'ng periods beginning on or after 1 January 201 S. I have completed my examination. I can confim that no matters have come to my attention in Conn￿110￿ with the ex•min81ion giving me cause lo beI￿ve that in any material respect.. accounling records were not kept in resped of the Charty as requirèd by SeCt￿fi 130 of tha 2011 Act,. or the accounts do not accord wrth those reccvds.. or the accounts do not compty with the applicabk requirements con¢eming the fomi and content of aceounls sel out In the Chanlies (Accovnts and Reports) Regulations 2008 other than any requirement that the aceounls give a Inje and fairf view which is nol a matter considered as part of an independent examination. I have no concern$ and have come across no other matters in connection wrth the examinatson to which attention should be dr•¥n in this rewt In order to enable a proper understanding of the accounts lo be reached. lÈp4t*oA Mrs K Br•th•dek FCA for and on b•h•ll of Peter5 Ehvorthy & Moor Chart8r8d Accounlanis Cambn¢Jge Date. 23 May 2022 CHARITY COMMISSION FOR ENGLANO ANO WALES Ch3".ly N Charle5 and Julia Hen Fund Annual accounts for the 1155582 eriod Perithy eTrJ dale PerK#Y stsrt da To 31Jul-21 Section A Statement of financial activities RMth"ct•d Incom• lundi R•comrn•nd•d cat•gorl•• by aetfvity Unr•striet•d fvnd• End0wm￿t fvnd$ Prlor y8ar lund8 Totsl fund• Incoming resourtes (Note 3} Incomo and •ndoMI￿nts from: and Wc40• Chantatle •cbvths her F01 F02 F03 F04 FOS S03 174,759 174 7S9 224,786 S•yraw nworigl her sos Total Rfjsources •xyndgd {No18 6 Exp•ndltur• on.. R*iiry fundi CMdtat40 sol 174 759 174 759 224 786 42.244 42,244 278 509 39,006 146 139 sio Othpr rotal $12 320 753 320 753 185 145 Nat Incom•llexp•nditurel before I￿V￿lM￿nI galn8111085•81 S13 145.994 1.375,647 1.229,653 145,994 1,375,647 1.229,653 39,641 510.066 470,425 Ntrt gainPJI￿s￿3I an $14 $15 S16 Net Ineomellexpendlturnl Extraordinary itsms Transfern betw•en funds Other recognlsed galnsllloss•sl: S17 ns and k)it•4iM Thx•d A•••tsfty L4• ¢Jher oainslllosseBI Net movement In lunds S18 $19 $20 1229 653 1 229 653 470 425 Reconciliation of lunds.. Tot•1 lun0$ )r￿ght foNard Total funds carrled fonvard 7,925.672 9 155,324 7,925,672 9,155,324 8,396,097 7 925 672 S22 Section B Balance sheet Unr8stricted furNI income fund End¢)wm?nt Total thls funds year Fixed assets Intangiblg assets Tanglble assets HerStage assets Invfrstments F01 F02 F03 F04 (Note 15 (Note 141 (Noto 161 (Note 17} Total fixed assets 9,078.480 ,078,480 9,078,480 Current assets Stock3 {Not• 181 Debtorn {Note 191 Investments (Note 17.41 Cash •t bank and In hond (Note 24) Total cunFnt ass•ts 355.206 35S,206 810 55.2 Credltors.. amounts falllng due wlthln one yoar (Note 20) 278,361 278,361 Net cumnt assets/(Ilabllltles) 812 Total assets less current Ilabllltles 813 Creditors., amount• lalllng du• aft•r one year {Note 20 Provlslons for Ilabiliti08 815 Total n•t •ss•ts orllabllltles Net incomellexpenditure) Endowment funds INot• 271 Restrlcted Ineome fund8 (Nat• 271 Unrèstricted funds Revaluation rnserv• 810 9,155.324 9.155.324 817 BIB 819 9.155,324 9,155,324 Totsl fund$ 5,324 Sign8d by (x)e or hyo Iruslees on behalf of all the trustees S*3n8lu Print Name CC17a (Excel) 17103r2022 Totsl bast year F05 7.889.868 7,889,868 166.135 166.135 130.331 35.804 7,925.672 7.925.672 7,925.672 7,925,672 Dale of apwoval ddlm CC17a (Excell 17103r2022 cctNIE** Section C Notes to the accounts Not8 2 2.2 INCOME AGGountyng polKie8 V*t*)xbe Yes Yes Nia pwm*ied FRS SORP ty FRS 102 Yes Nl GrnM* ar￿•￿1•1￿%• rn1115.to b) 5 12 FRs1o2￿pI Nl• •rtyowAn**•n the p•trmDrrn Wlldbj￿1 ¥• motl5 11 FRS 102 SORPI Ye6 NIA thfres￿ •nd thÈWy•re tr* Yes T4A ¢ontr•clu•l Ineom• If￿ th￿￿Jded WALW• mfr£hwtyhw Y¢& Pwa Yès No W• Ye$ No Nla •1 On Is •¥•th• is •yhiit lrt4rp1•frthmothlrtr￿ Yes No Nl Ye$ NO N14 Yes No Nl f•cHM•• Yes No Nl• SOFA Yes No Sllpport¢••ts roy41I••4na dfvk11nd• ￿lre¥￿ted tehBtIy Wè No Yes No OTe mEtI5 10b 5.12 FRS102 SORPl¥rrfJ •EV￿1￿*£l5 Jn ￿(41*r Ye5 NO 2.3 EXPENDITURE AND LIABIUTIES Lhbilty Lkngtxlthes are reu4novd Yes NO No Nla Wnw• tr• • gr•m*tho>ithtsorn%ftyrtsp•ryl bmry * No NIB tondi￿0¥ Grnrt• ￿￿•bI•￿1th¢Art p•rf¢rni•￿• ¢¢￿d￿¢ Yes Nl• Y&s No Nl• Yè• No Nl• No Nli Cr•dho Yès No Nl• PW4W•Ph 10 7 FPS102 SORP SL*MOJ￿1M•lWj1 13 I7￿￿0 bJlance*heet AD•lysts olcunwrt auqt •sh soc￿1 knv4•tyn¥ Tokil 17.$Ouarnrt• •4•• prob*d•d•ts*4nd4nbJuAtol•Dy guirnTrt•• mid•fo orw W*lol•th*O P• thom T•rrn• Ind •9 Iniiv••tr•*. ••¢urtty V*wol•ny GoTrGM•lw•rylD•n•**Kh h b••n commthd bu¢ Troit•knTr vp•tth• d•t• Vy*bh 1 >wt p•y•oh •fvrfflor•ih•Th i fv4t Ib IK•iv*bknTthin 1 17.7Aot1￿fi•1 c17•¢E￿WI m¥ket$. Lonth) S*l ffi¥•#m•ni fflath•is Y Th• i*nerow• Wkqthdiy•nd hvJh Th• no m¥•knWthL*JtyS m m4th¢tl Wjts ffiThbn¢i•i orp•rtom*h¢• •B. 4 na9• rtxk. I 01 hOthl9* ano *)th For•• n*4•UrnO b)• b••* IOrd•i•im*iirffj th• ¥#￿•.1￿C￿￿￿ iTry ￿n￿￿•. forrn ol••curtty.th•cw￿y￿ •fflOuni (4th• nci•i ••••i •Kullty•Tha th• t•rrni CC17AIE¥&*l 1710Y20 Section C Notes to the accounts Icontl Note 19 Debtors and propayments Please complete thls note M the charfty has any d•btorn orprepayménts. 19.1 Analysls ol debtors Thls yoar Last y￿r Tradg d•btors Prepayments and accryed Income Other debtors 24.594 330.612 24,581 141.554 Totsl Ploase compl8t• 19.2 wh•rn a m•t•rlal debtor Is recovernble more than a yew aftor the reportlng date. 19.2 An•ly$ls of debtorJ recoverable In more than 1 yèar Ilncluded In debtorn al￿¥•) Thls year Last ygar Trado debtorn Prepayments and accru￿ Incorne Other debtorn Total Nèt iFKom?Ilexpenditurel CC17a (Excell 16 1710312022 Soction C Notes to the accounts Icontl Nott 20 Creditors and accruals Please Complete thls note if the charity has any Crnditors oraccwals. 20.1 Analys18 of credltors Amounts falling due withln one ear Thls y8ar Last yoar Amounts falllng due after more than one ear Thls ygar Last year Accruals for grants payable Bank loans and 0¥ordrafts Trade credlto Payments recelved on account for Contracts or perfornianco-rolat•d grnnts Accruals and deforred Income Taxation and soclal Securfty Other credltor8 258.789 111.458 19,572 18.873 Total 278,361 130,331 20.2 Defèrred Income Pleose compl•t• thls not•11 tho ch•rlty h•$ deferred In¢om•. Please explaln th• rnasons why Income Is me account Net IncomellexrRnditurel Balance at the start of the reporting period Amounts added In currènt period Amounts released to incomo from prevkius wrfods Balance at the end of the reporting pgr#)d Thls year La8t yèar CC17a IEx¢ell 17 1710312022 Section C Not• 24 ¢Mh •1 b•nk •nd In h•nd ymr La¥t ￿*T Short t•fft ¢••h Inv•thi•nts 3 mtyblh• m•tuth d•t•l Short Ivm d•pMrt• Cash •¢ b•nk •nd on h•nd Oth•r Totsl CC174 IExL*I 18 17I0Y2022 Section C Notes to the accounts {cont Note 25 Fair value of assets and Ilabilltles 25.1 Please provide details of the charity's exposure to credit risk Ilho rlsk of Incurrlng a loss duo lo a debtor not paylng what Is owed) , liquldity risk (the rlsk of not belng able to meet short tern) financial demands) and market rlsk {the risk that the value of an investmanl will fall due to changes In thg market) arlslng from financlal Instruments to whlch the charity is exposed al the end of the reporting period and explain how the charlty manag•1 tho#• rlsks. The Charity has very few debtors and cash forecasts are provKled lo detemiine any pOtent￿nal shortfalls. The ehanty is exposed to mafket risk through its Investments ¢)wned The ri5k5 are managed by investing through a fund managef reports directly lo the charity each morth. 26.2 Pleas• glve dgtslb of th• amount ol change In the falr value of baslc financlal Instruments (debtors. creditOf5, Investmènts Is•e soctlon 11, FRS 102 SORPII m￿Ured at falr value through the SOFA that Is attrlbutable to changes In crodlt rljk. Net incomellexpenditurel CC17a (Excell 19 1710312022 1111111111 111111111111 1111111111 Iliiiiiiiiii 1111111111 11111111111 Noto 28 ¥vith tr￿tt*S athj rekted porty• TrUE Th1¥ TQTNL *ffl•r"F•lJ•". L*ty•w YOT 21.3 Trnrffj•rUrml•l wlth r•1th￿ d￿n9 CC17a¢￿i 17Isr1022 Section C Notes to the accounts (conti Note 29 Additional Disclosures The followlng are slgnlficant matters which aye not covered In other notes and need to be included to provide a proper understandlng of the accounts. 11 there Is Insufficlent room here. please add a separate Sheet. CC17a (Excell 22 1710312022