|Contents||Page| |---|---|---| |Charitable
Company|("The Foundation" ) Information|| |Trustees'
Report||| |Independent
Auditor's|Report|| |Statement
of Financial Activities||| |Balance Sheet||| |Cash Flow Statement||10| |Notes to these Financial Statements||| |Detailed Statement
of Financial Activities||17| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Total Funds|Total Funds| |---|---|---|---|---|---|---|---| ||||||General||| |||||~oe|Funds|31.03.21|31.03.20| ||||||||~ddi1
0| |INCOME|||||||| |Donations|||||1,223,350|1,223,350|8,573| |Total Income|||||1223350|1,223350|8 573| |EXPENDITURE|||||||| |Charitable
activities|||||608,085|608,085|7,309| |Total Expenditure||||4|508 085|608 085|7309| ||||||615,265|615,265|1,264| |Net gains/(losses)|||on||||| |investments|||||30,130|30,130|12,689| |Net income|for|the|year and|net|||| |movement|in funds||||645,395|645,395|13,953| |Reconciliation||offunds:|||||| |Total funds|brought||forward||8121792|806,792|792,839| |Total funds|carried||forward||1 452 187|1,452,187|806,792| |BALANCE SHEET
31 March 2021||||| |---|---|---|---|---| |||||Unaudited| ||||31.03.21|31.03.20| |||Notes||| |FIXEDASSETS:||||| |Investments|||1,461,284|809,702| |CURRENT ASSETS:||||| |Cash at bank|||11608|7 008| ||||11,608|7,508| |CREDITORS: Amounts|falling|||| |due within one year||8|~20 705|10418| |NET CURRENT||||| |LIABILITIES:|||(9,097)|(2,910)| |TOTAL NET ASSETS|||1~452 187|~806 792| |RESERVES:||||| |General
fund —Unrestricted|||1 452 187|806 792| |TOTAL CHARITY FUNDS|||1 452 187|806792| |CASH FLOW ST
31 March 2021|ATENIENT|||| |---|---|---|---|---| ||||Year Ended|Year Ended| ||||31.03.21|31.03.20| |||Notes||(Unaudited)
f| |Cash flows from operating
activities
Cash generated
from operations||10|~593898)|2,054| |Net cash provided|by operating
activities||~593898)|~2054| |Cash flows from|investing
activities|||| |Purchase
of fixed|asset investments||(1,219,450)|(114,375)| |Sale offixed asset investments|||1,817,448|| |Net cash provided|by investing
activities||~597998|~114375)| |Change
ln cash
In the reporting|and cash equivalents
period||4,100|(112,321)| |Cash and cash equivalents
at the
beginning
ofthe reporting
period|||~7508|119829| |Cash and cash equivalents
at the end||||| |ofthe reporting|period||11608|7,508| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||Total|Total| |---|---|---|---|---|---|---|---| |||||||31.03.21|31.03.20| ||||||||(Unaudited)
f| |Costs Directly Allocated||to|Grant and Donations||Activities||| |Grants and Donations||||||597,998|1,500| |||||||597 998|1 500| |An analysis
of material|grants||payable to institutions||in support or their|charitable causes is as follows:|| |||||||31.03.21|31.03.20| ||||||||(Unaudited)| |City Harvest
Ltd
Christian
Solidarity
Worldwide
Noah's
Ark Children's
Hospice||||||27,431
177,388
23,774|1,500| |OnSide Youth Zones||||||69,492|| |Peek Vision||||||69,492|| |Shelter||||||21,945|| |Women's
Aid||||||34,746|| |Trussell Trust||||||10,058|| |Hammersmith
& Fulham|||Food Bank|||10,058|| |Thomas's
Foundation||Summer Schools for Disadvantaged||||36,575|| |Children|||||||| |Girton College Bursaries|||forTalented Students||from Lower Income|67,663|| |Families, Cambridge||University|||||| |Somerville
College|Bursaries for Students|||from|Lesser Financial|49,376|| |Backgrounds,
Oxford||University|||||| |||||||~97 998|1 500| ## |nalysis|ofgrants
by nature of project being suppor|ted
is as follows:|| |---|---|---|---| |||31.03.21|31.03.20| ||||(Unaudited)
f| |Social|Welfare|138,984|| |Education||153,614|| |Health|& Medical Services|128,012|1,500| |Human|Rights|177,388
ass 998|1,500| ## |Paid from Unrestricted
Funds||||| |---|---|---|---|---| ||||31.03.21|31.03.20| ||||f|(Unaudited)
F| |Support Costs
Governance
Costs|||2,887
7,200|1,909
3,900| ||||10,087|5,809| |PERATING SURPLUS||||| |The operating
surplus
is stated|after charging|the following:|31.03.21|31.03.20| |||||(Unaudited)
f| |Independent
Examination
Auditors
Remuneration|fee||7,200|3,900| |Taxation services and secretarial fees|||2,887|1 909| ## ## ## |||||||31.03.21|31.03.20| |---|---|---|---|---|---|---|---| ||||||||(Unaudited)
f| |Cost or Valuation|||||||| |As at 1"April 2020||||||809,702|682,638| |Additions
in the|Year|||||2,438,900|114,375| |Disposals
Revaluations||||||(1,817,448)
30,130|12,689| |As at 31"March|2021|||||1 461 284|809702| |Cost or Valuation|at 31a||March 2021:||||| |||||||31.03.21|31.03.20| ||||||||(Unaudited)| ||||||||f| |Cost||||||1,557,148|693,537| |Net Gain/(Losses)
Investments|on|||||(95,864)|116,165| |As at 31"March 2021||||||1 461,284|809,702| |These are investments||in|commingled|vehicles and a limited|liability|partnership.|| |CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||| |||||||31.03.21|31.03.20| |||||||f|(Unaudited)
f| |Other creditors||||||12,496|6,409| |Accruals and Deferred||income||||8209|4 009| |||||||20708|10416| ## ## ## |||||||||31.03.21|31.03.21|31.03.20|31.03.20| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||(Unaudited)|| |||||||||F|||| ||Net income for the||reporting||period (as per the Statement|of|||||| ||Financial|Activities)||||||615,265||1,264|| ||Adjustments
for:||||||||||| ||Non-cash|donations||||||(1,219,450)|||| ||Increase|in creditors||||||10,287|||790| ||Net cash|provided|by operations|||||~593|898|3|054| |11.|ANALYSIS OF CHANGES|||IN|NET FUNDS||||||| |||||||At|1.04.20|Cash flow||31.03.21|| ||||||||6||F|8|| ||Net Cash||||||||||| ||Cash at bank||||||7,508||4,100|11,608|| ||Total||||||1508||4 100|11|508| |Year Ended|31 March 2021||||||| |---|---|---|---|---|---|---|---| ||||2021|||2020|| ||||||(Unaudited)
f||f| |Income|||||||| |Donations||1,223,350|||7,219||| |Gift Aid on Donations|||||1|354|| |||||1,223,350|||8,573| |Expenditure|||||||| |Legal and Professional||2,887|||1,909||| |Independent|Examiners fees||||3,900||| |Auditors
remuneration||7,200|||||| |Grants and Donations|||||||| |payable||597,998|||1,500||| |||||608,085|||7,309| |||||615,265|||1,264| |Gains/(losses)
on Investments|||||||| |Net gains on|investments|||30,130|||12,689| |Net Surplus|for the Year|||545 395|||13,953|