2022-04-05-accounts

			Page
Reference and administrative		details ofthe Charity, its Trustees and advisers
Trustees' report			2-5
Trustees' responsibilities statement
Independent auditors'	report	on the financial statements	?-10
Statement offinancial	activities
Balance sheet
Statement ofcash flows
Notes to the financial	statements		14-23

REFERENCE AND	REFERENCE AND	REFERENCE AND	ADMINISTRATIVE	DETAILS	OF THE CHARITY, ITSTRUSTEES AND ADVISERS
			FOR THE YEAR ENDED 5APRIL 2022
Trustees			Anthony Coren
			Walter Stanton	(deceased	28August 2021)
			Graham Weinberg
			Stephen Stanton (appointed 29October 2021)
Charity registered
number			1160879
Principal office and			Winston House
registered	address		303Dollis Park
			London
			N3 1HF
Independent		Auditor	MHA Maclntyre	Hudson
			Chartered Accountants
			2 London Wall Place
			London
			EC2Y 5AU
Investment		advisers	Canaccord Genuity Wealth		Limited
			41 Lothbury
			London
			EC2R 7AE

				Unrestricted	Endowment	Total	Total
				funds	funds	funds	funds
				2022	2022	2022	2021
			Note		f.
Income from:
Donations				2„900,000		2,90Q,000
Investments				75,553		75,553	72,486
Total income				2,975,653		2,975,553	72,486
Expenditure on:
Ralslflg funds				37,944		37„944	35,120
Charitable activities				145,064		145„Q64	73,012
Total expenditure				183,008		183,008	108,'l32
Net income1(expenditure)		before net
gains on investments				2,792,545		2,792„546	(35,646)
Net gains on investments				144,251		144,251	317,004
Net movement in funds				2,936,796		2,936,796	281,358
Reconciliation offunds:
Total funds brought	forward			239,909	1,843,021	2,082,930	1,801,572
Net movement in funds				2,936,796		2,936,796	281,358
Total funds carried forward				3,176,705	1,843,021	5,019,726	2,082,930

					2022	2021
				Note	f.
Cash flows from operating	activities
Net cash used in operating	activities			16	1,916,101	702,827
Cash flows from investing	activities
Dividends and interest from	investments				75,553	72,486
Proceeds from sale ofinvestments					201,536	22'I,f27
Purchase ofinvestments					(77,570)	(460,792)
Net cash provided byl(used in) investing			activities		199,519	(167,179)
Change in cash and cash	equivalents	in	the year		2,115,620	535,548
Cash and cash equivalents	at the beginning		ofthe year		917,847	382,$99
Cash and cash equivalents	at the end	of	the year	17	3,033,457	9f7,847
The notes on pages 14to 23 form part ofthese financial statements

Unrestricted	Total	Total
funds	funds	funds
2022f	2022	2021 E
2,900,000	2,900,000

				2022	2021
				f.
UK and other companies			and unit trusts net dividends	49,775	46,947
UK Government		stock and other interest (gross)		11,632	11,915
Overseas	dividends			4,522	4,2e1
Overseas	interest			9„621	9,343
Interest				3
				75,553

2022	2021
f.	E
37,944	35,120
37,944	35,120

		Grant
		funding of	Governance	Total	Total
		activities	costs	funds	funds
		2022	2022	2022	2021
		f.		f.
Charitable	activities	135,000	10,064	145,064	T3,012
Total 2021		70,000	3,012	73,012

Grants paid	to Institutions
		2022f	2021
Better World	Charity		3,000
British Blind	Sport		3,000
CPRE			3,000
CRISIS			3,000
Tony Coren	Gategi Project	100,000
JTrails			12,000
Kisharon			3,000
National Trust			3,000
Charitable gifts via Smart Giving		5,000	40,000
UK Toremet	Limited	30,000
		135,000	?0,000

Governance	costs
			2022	2021
				E
Independent	auditor -Accountancy	services	2,440
Independent	auditor - Audit services		7,500
Independent	Examiners fee			2,540
Bank charges			124	12
			10,064	3,012

	Listed
	investments
	f.
Valuation
At 6April 2021	1,987,747
Additions	7?,570
Disposals	{188,923)
Revaluations	131,638
At 5April 2022	2,008,032

			2022f	2021
Listed	equities,	unit trusts and OEICS	1,559,016	1,516,605
Fixed	interest	securities	449„016	471,142
			2,008,032	1,987,747

2022f	2021
113,265	26,811

Creditors: Amounts falling due within one yea	r
	2022	2021
	f.
Other creditors		808,376
Accruals	21,773	14,288
	21,773	822,664

			Balance at 5			Gainsl	Balance at 5
			April 2021	Income	Expenditure	(Losses}	April 2022
			f.		E
Unrestricted	funds
General Fund			239,909	2,975,663	(183,008)	144,251	3,176,705
Endowment	funds
Expendable	endowment	fund	1,843,021				1„843,021
Total offunds			2,082,930	2„975,553	(183,008)	144,251	5,019„726
Statement offunds - prior year
			Balance at			Gains/	Balance at
			1Apni 2020	income	Expenditure	(Losses)	5April 2021
Unrestricted	funds
General Fund				72,486	(108,132)	2?5,555	239,909
Endowment	funds
Expendable	endowment	fund	1,801,572			41,449	1,843,021
Total offunds			1,801,572		$108,132)	317,004	2,082,930

Analysis ofnet assets between funds - cur	rent year
	Unrestjicted	Endowment	Total
	funds	funds	funds
	2022	2022	2022
Fixed asset investments	165,011	1,843,021	2,008,032
Current assets	3,033,467		3,033,467
Creditors due within one year	{21,773)		(21,773}
Total	3,176,705	1,843,021	5,019,726

	(Jnrestr/cted	Endowment	Tote/
	funds	funds	funds
	2021	2025	2021
Fixed asset investments	144,?26	5,843,025	1,987,747
Current assets	917,847		917,847
Creditors due within one year	(822,664)		(822,664)
Total	239,909	'/,843,021	2,082,930

Reconciliation ofn	et movement	in fund	s to net cash flow from oper	ating activities
				2022	202'/
Net income for the year (as per Statement			ofFinancial Activities)	2,936,796	281,358
Adjustments for:
Gains on investments				(144,251)	(357,004)
Dividends and interest from investments				(75,553)	(72,486)
Decrease in debtors					1,657
(Decrease)/ increase	in creditors			(&00,&91 }	809,302
Net cash provided	by operating	activities		1,916,101	702,827