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2021-12-31-accounts

Trustees		Mr A R Tulloch
		AVinchel
		M Vinchel
		I Makhrachev
Charity number		1162681
Company	number	09383412
Registered	office	4 Hill Street
		London
		W1J 5NE
Auditor		Critchleys Audit LLP
		Beaver House
		23-38 Hythe Bridge Street
		Oxford
		OX1 2EP
Investment	advisors	Goldman Sachs International

			Page
Trustees' report			1-2
Statement oftrustees'	responsibilities
Independent auditor's	report		4-7
Statement offinancial	activities
Summary income and	expenditure	account
Balance sheet			10
Notes to the financial	statements		11 - 16

				Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
				funds	funds		funds	funds
					general		as restated	as restated	as restated
				2021	2021		2020	2020	2020
			Notes
Investments				136,647		136,647	135,922		135,922
Ex en	r	n:
Raising funds					63,911	63,911		54,494	54,494
Charitable	activities			145,330		145,330	110,177		110,177
Total expenditure				145,330	63,911	209,241	110,177	54,494	164,671
Net gains/(losses)			on
investments			10		1,100,850	1,100,850		543,882	543,882
Net movement		in	funds	(8,683)	1,036,939	1,028,256	25,745	489,388	515,133
Fund balances		at 1 January
2021				88,379	10,871,777	10,960,156	62,634	10,382,389	10,445,023
Fund balances		at	31
December	2021			79,696	11,908,716	11,988,412	88,379	10,871,777	10,960,156

			All income funds
			2021f	2020
Gross income			136,647	135,922
Total expenditure	from income funds		145,330	110,177
Net (expenditure)/income		for the year	(8,683)	25,745

				2021	2020
					as restated
			Notes
Fixed assets
Investments				12,052,473	10,962,216
Current assets
Creditors:	amounts	falling due within
one year			13	(64,061)	(2,060)
Net current	liabilities			(64,061)	(2,060)
Total assets less current liabilities				11,988,412	10,960,156
Capital funds
Expendable	endowment		14	11,908,716	10,871,777
Income funds
Unrestricted	funds			?9,696	88,379
				11,988,412	10,960,156

3	Investments	Investments
			Unrestricted	Unrestricted
			funds	funds
				as restated
				2020
	Dividends	from listed investments	61,883	67,999
	Income from fixed interest securities		74,764	67,923
			136,647	135,922
4	Raising funds
			Endowment	Endowment
			funds	funds
			general	general
			2021	2020
			f	f.
	Investment	management	63,911	54,494
			63,911	54,494
5	Charitable	activities

				Endowment	Endowment
				funds	funds
				general	general
				2021	2020
				f	f.
Investment	management			63,911	54,494
				63,911	54,494
Charitable	activities
				Unrestricted	Unrestricted
				funds	funds
				2021	2020
				E
Grant funding		ofactivities (see note 6)		131,755	105,599
Share ofsupport costs (see note 7)				5,655	4,578
Share ofgovernance			costs (see note 7)	7,920
				145,330	110,177

				Unrestricted	Unrestricted
				funds	funds
				2021	2020
Grants to	institutions	(to assist those blind/visually	impaired)
Geography	ofGood			20,968
Sozidanie				56,805	50,831
Sensor-Tech				53,982	32,935
Volunteers	help orphans				21,833
				131,755	105,599

Support	co	sts
			Support	Governance	2021	Support	Governance	2020
			costs	costs		costs	costs
						F	F
Consultancy		fees	3,755		3,755	2,518		2,518
Accountancy		fees	1,900		1,900	2,060		2,060
Audit fees				7,920	7,920
			5,655	7,920	13,575	4,578		4,578
Analysed	between
Charitable	activities		5,655	7,920	13,575	4,578		4,578

						Endowment	Endowment
						funds	funds
						general	general
						2021	2020
						f	E
	Revaluation of investments					949,758	493,656
	Gain/(loss) on sale of		investments			151,092	50,226
						1,100,850	543,882
11	Fixed asset investments
					Listed	Cash in	Total
					investments	portfolio
	Cost or valuation
	At 1 January 2021				10,842,721	119,495	10,962,216
	Additions				2,017,382	(2,017,382)
	Valuation changes				1,100,850		1,100,850
	Cash movement					(10,593)	(10,593)
	Disposals				(1,970,988)	1,970,988
	At 31 December 2021				11,989,965	62,508	12,052,473
	Carrying amount
	At 31 December 2021				11,989,965	62,508	12,052,473
	At 31 December 2020				10,842,721	119,495	10,962,216
12	Financial instruments					2021	2020
						E
	Carrying amount of	financial assets
	instruments measured		at fair value through	profit or loss		11,989,965	10,842,721
13	Creditors: amounts	falling due within one year
						2021	2020
							E
	Grants payable					53,981
	Accruals and deferred		income			10,080	2,060
						64,061	2,060

			Balance	Balance	at	Expenses	Revaluations	Balance at	Expenses	Revaluations	Balance at
			1January	2020			gains and1	January 2021		gains and	31December
							losses			losses	2021
								E
	Expendable	endowments
	2017
	donation		10,382,389			(54,494)	543,882	10,871,777	(63,911)	1,100,850	11,908,716
			10,382,389			(54,494)	543,882	10,871,777	(63,911)	1,100,850	11,908,716
15	Analysis of	net assets		between		funds
					Unrestricted Endowment			Total	Unrestricted	Endowment	Total
						funds	funds		funds	funds
						2021	2021	2021	2020	2020	2020
						f.
	Fund balances		at 31
	December 2021 are
	represented	by:
	Investments				143,757		11,908,716	12,052,473	90,439	10,871,777	10,962,216
	Current assets/(liabilities)				(64,061)		-	(64,061)	(2,060)	-	(2,060)
						79,696	11,908,716	11,988,412	88,379	10,871,777	10,960,156