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|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|
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|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|||
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|||||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|
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||||||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|||||||
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|Unrestricted|Total|Total|
|---|---|---|
|funds|funds|funds|
|2022f|2022|2021
E|
|2,900,000|2,900,000||
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|||||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||
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|2022|2021|
|---|---|
|f.|E|
|37,944|35,120|
|37,944|35,120|
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|||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||
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|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|
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|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|
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||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|
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||||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|
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|2022f|2021|
|---|---|
|113,265|26,811|
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|Creditors: Amounts
falling due within one yea|r||
|---|---|---|
||2022|2021|
||f.||
|Other creditors||808,376|
|Accruals|21,773|14,288|
||21,773|822,664|
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||||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|
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|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|
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||(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|
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