2022-06-30-accounts - The Foundation Of Saint François

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		Page
Reference and administrative details
Report ofthe trustees	2	to	3
Independent examiner's report
Statement offinancial activities
Balance sheet
Notes to the financial statements	7	to	12
Detailed statement offinancial activities		13

TRUSTEES		S P Weil
		A De La Rochfoucauld
		S De La Rochfoucauld
		XJJP De La Rochfoucauld
PRINCIPAL ADDRESS		c/o Charles Russell Speechlys LLP
		5 Fleet Pace
		Farringdon
		London
		EC4M 7RD
REGISTERED	CHARITY	1165715
NUMBER
INDEPENDENT	EXAMINER	Berringers LLP
		Chartered Accountants
		Lygon House
		50 London Road
		Brom icy
		Kent
		BR1 3RA
SOLICITORS		Charles Russell Speechlys LLP
		5 Fleet Place
		London
		EC4M 7RD

	30	June 2022
				2022	2021
		Unrestricted	Contingency	Total	Total
		fund	Fund	funds	funds
	Notes	K
FIXEDASSETS
Investments			324,688	324,688	351,159
CURRENT ASSETS
Debtors	9		5,000	5,000
Cash at bank	10		426,020	426,020	377,070
			431,020	431,020	377,070
CREDITORS
Amounts falling due within one year			(3,800)	(3,800)	(5,772)
NET CURRENT ASSETS			427,220	427,220	371,298
TOTAL ASSETSLESSCURRENT
LIABILITIES			751,908	751,908	722,457
NET ASSETS			751)908	751,908	722,457
FUNDS	12
Restricted funds				751,908	722,457
TOTAL FUNDS				751,908	722,457

2022	2021
75,112	74,211

INVESTMEN	T INCOME
				2022	2021
					f
Income from	investments			2,719	3,069
Deposit account interest					1,002
				2,719	4,071
GRANTS PAYABLE
				2022	2021
Grants				43,000	20,000
The total grants paid to institutions		during the year was as follows:
				2022	2021
Our Lady ofWalsingham				10,000	10,000
StMargaret's	and All Saints Catholic Church			25,000	10,000
Our Lady Help ofChristians				8,000
				43,000	20,000
SUPPORT COSTS
				Governance
			Finance	costs	Totals
Support costs			152	3,050	3,202

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Contingency	Total
		fund	Fund	funds
INCOME AND ENDOWMENTS		FROM
Donations and legacies			74,211	74,211
Investment income			4,071	4,071
Total			78,282	78,282
EXPENDITURE	ON
Raising funds			3,942	3,942
Charitable activities
Grants			20,000	20,000
Support costs			8,879	8,879
Total			32,821	32,821
Net gains/(losses)	on investments		~17,113)	~17,113)
NET INCOME			28,348	28,348

	COMPARATIVES	COMPARATIVES	FOR THE STATEMENT	FOR THE STATEMENT	OF FINANCIAL ACTIVITIES -continued	OF FINANCIAL ACTIVITIES -continued
					Unrestricted	Contingency	Total
					fund	Fund	funds
	Other recognised	gains/(losses)
	Gains on revaluation		offixed assets			95,785	95,785
	Net movement in	funds				124,133	124,133
	RECONCILIATION			OF FUNDS
	Total funds brought			forward		598,324	598,324
	TOTAL FUNDS	CARRIED FORWARD				722,457	722,457
8.	FIXEDASSET INVESTMENTS
							Listed
							investments
	MARKET VALUE
	At I July 2021						351,159
	Revaluations						~26,471)
	At 30June 2022						324,688
	NET BOOK VALUE
	At 30 June 2022						324,688
	At 30 June 2021						351,159
	Cost or valuation	at 30 June 2022 is represented			by:
							Listed
							investments
							8
	Historic cost						185,126
	Valuation						139,562
							324,688
	Investments are managed by UK fund manager				and are comprise of:
						2022	2021
							f
	UK Equities					5,452	5,474
	Overseas Equities					319,236	345,685
	Total tnarket value at			30June 2022		324,688	351,159

9.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
							2022	2021
							f.
	Other debtors						5,000
10.	CASH AT	BANK
							2022	2021
							Total	Total
							funds	funds
							8	f
	Metro bank	(5)					388	388
	Metro bank	(Euro)					607	759
	Rathbones	Invest Mgntt	(6)				58	53
	Rathbones	Invest Mgmt	(USD)				279,221	170,924
	Rathbones	Invest Mgmt	(EURO)				145,645	204,883
	Rathbones	Invest Mgmt	(AUSD)				101	63
	Total						426,020	377,070
11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
							2022	2021
							8
	Other creditors						3,800	5,772
12.	MOVEMENT IN FUNDS
							Net
							movement	At
					At	1.7.21	in funds	30.6.22
						5
	Restricted	funds
	Contingency	Fund			722,457		29,451	751,908
	TOTAL FUNDS				722,457		29,451	751,908
	Net movement in funds,		included	in the above are as follows:
				Incoming	Resources		Gains and	Movement
				resources	expended		losses	in funds
	Restricted	funds
	Contingency	Fund		77,831	(50,849)		2,469	29,451
	TOTAL FUNDS			77,831	~50,S49)		2,469	29,451

		Incoming	Resources	Gains and	Movement
		resources	expended f	losses	in funds
Restricted	funds
Contingency	Fund	78,282	(32,821)	78,672	124,133
TOTAL FUNDS		78,282	~32,821)	78,672	124,133

	DETAILED	STATEMENT OF FINANCIAL ACTIV	ITIES
		for the year ended 30June 2022
			2022	2021
			f,
INCOME AND ENDOWMENTS
Donations and legacies
St Benedict ofNursia	Foundation		75,112	74,211
Investment income
Inconie from investments			2,719	3,069
Deposit account interest				1,002
			2,719	4,071
Total incoming resources			77,831	78,282
EXPENDITURE
Raising donations and legacies
Rathbones Investment	Management		4,647	3,942
Charitable activities
Grants to institutions			43,000	20,000
Support costs
Finance
Bank charges			152	199
Governance costs
Independent examination			800	750
Legal Jr professional	fees			1,782
Accountancy fees			2,250	6,148
			3,050	8,680
Total resources expended			50,849	32,821
Net income before gains and losses			26,982	45,461
Realised recognised	gains and losses
Realised gains/(losses)	on fixed asset
investnients				8,597
Foreign exchange gains/ (losses)			28,940	(25,710)
Net income			55,922	28,348