Charity No. 1167249 THE INCE GROUP CHARITABLE FOUNDATION REPORT & FINANCIAL STATEMENTS 31 MARCH 2021 The Ince Group Charitable Foundation Report and financial statements For the year ended 31 March 2021 Contents Page: Independent Examiner's Report to the Trustees Trustees, Annual Report Statement of financial activities Balance sheet The Ince Group Charitable Foundation Independent Examinerts Report to the Trustees of The Paphitis Charitable Trust For the year ended 31 March 2021 I report to the Irustees on my examination of the accounts of the Foundalion for the year ended 31 March 2021. This report is made solely to the charity's trustees, as a body, in accordance with Regulation 31 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state lo the charity's trustees those matters l am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity's trustees as a body, for my work, for this report, or for the statement I have made. Responsibilities and basis for report As the charity trustees of the Foundation you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the ACT) I report in respect of my examination of the Foundation's accounts carried out under section 145 of the 2011 Acl and in carrying oul my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5){bl of the Act. Independent examlner's statement I have completed my examination. I confimi that no malerial malters have come to my attention in connection with the examination giving me cause to believe= accounting records were not kept in respect of the tTrustl as required by section 130 of the Act- or 2. the accounts do not accord wth those records- or 3. the accounts do not comply with the accounting requirements concerning the form and content of the accounts set out in the Charities (Accounts and Reports1 Regulations 2008 other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination; or 4. the account5 have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities. I have no concern5 and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. DocuS*Mdty'. DA15AED75D45453 Heather Wheelhouse ACA Bristol, UK Date: 30 January 2022 BDO LLP is a limited liability partnership registered in England and Wales Iwith registered number OC3051271. (NARNY (Ow1￿0￿ Trustees. Annual Report for the period Period $tsrt date Period end date 31 arch From 2020 2021 Section A Reference and adniinistration details Charlty namè The Ince Group Charitable Foundation Other names charlty Is known by Registered charity number (if any) 1167249 Charity's principal address Aldgate Tower 2 Leman Street London Postcode E18QN Names of tho charlty trustees who manage tho charity D•tes actsd if not for whol• year Whole year Whole Year Trusts• name Office1Sf jny) Chaimian Trustee Nam• l**funds**
**to the nearest £**
**113,766**
**113**
**5,023**
**-**
**-**
**-**
**-**
**-**
**118,902**
**5,135**
**-**
**5,135**
**124,037**|**Unrestricted**
**funds**
**to the nearest £**
**113,766**
**113**
**5,023**
**-**
**-**
**-**
**-**
**-**
**118,902**
**5,135**
**-**
**5,135**
**124,037**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**113,766**
**113**
**5,023**
**-**
**-**
**-**
**-**
**-**
**118,902**
**5,135**
**-**
**5,135**
**124,037**|**Total funds**
**to the nearest £**
**113,766**
**113**
**5,023**
**-**
**-**
**-**
**-**
**-**
**118,902**
**5,135**
**-**
**5,135**
**124,037**|**Last year**
**to the nearest £**| |---|---|---|---|---|---|---|---|---|---| |Donations and legacies|**113,766**||||||||**102,149**| |Interest on deposit accounts|**113**||||||||**-**| |Dividends on investments|**5,023**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| ||**-**||||||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**118,902**||||||||**102,149**| ||||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||||| |Sale of investments|**5,135**||||||||| ||**-**||||||||**-**| |**_Sub total_**|**5,135**||||||||**-**| |**_Total receipts_**
**A3 Payments**|||||||||| ||||||||||**102,149**| ||||||||||| |Grants and donationspaid|**69,450**||**-**||**-**||**69,450**||**32,018**| |Bank interest|**116**||**-**||**-**||**116**||**108**| |Investment management costs|**1,635**||**-**||**-**||**1,635**||| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_ **|**71,201**||**-**||**-**||**71,201**||**32,126**| ||||||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||||||| |Purchase of investments|**67,673**||||||||**151,979**| ||||||||||**-**| |**_Sub total_ **|**67,673**||||||||**151,979**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||||| ||||||||||**184,105**| ||||||||||| ||**- 14,837**||**-**||**-**||**- 14,837**||**- 81,956**| ||**-**||**- **|
|**-**||**-**||**-**| ||**107,159**||**-**||**-**||**107,159**||**189,115**| ||**92,322**||**-**||**-**||**92,322**||**107,159**| 18 CCXX R1 accounts (SS) 26/01/2022 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Cash at bank
Investment cash account
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|Cash at bank
Investment cash account
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**Unrestricted**
**funds**
**to nearest £**
**78,562**
**13,760**
**-**
**92,322**
OK
**Unrestricted**
**funds**
**to nearest £**|**Unrestricted**
**funds**
**to nearest £**
**78,562**
**13,760**
**-**
**92,322**
OK
**Unrestricted**
**funds**
**to nearest £**|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Restricted**
**funds**
**to nearest £**|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Restricted**
**funds**
**to nearest £**|**Endowment**
**funds**
**to nearest £**| |---|---|---|---|---|---|---|---| ||||||||**-**| ||||||||**-**| ||||||||**-**| ||||||||**-**| ||||||||OK| ||||||||**Endowment**
**funds**
**to nearest £**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||Signature
**Details**
**Details**
**Details**
Other investments- Vermeer Partners
Investment Holdings||**Fund to which**
**asset belongs**
**Cost (optional)**
**Unrestricted funds**
**216,663**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name||||**Current value**
**(optional)**| ||||||||**245,282**| ||||||||**-**| ||||||||**-**| ||||||||**-**| ||||||||**-**| ||||||||**Current value**
**(optional)**| ||||||||**-**| ||||||||**-**| ||||||||**-**| ||||||||**-**| ||||||||**-**| ||||||||**-**| ||||||||**-**| ||||||||**-**| ||||||||**-**| ||||||||**When due**
**(optional)**| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||Date of
approval| ||||||||| ||||||||| CCXX R2 accounts (SS) 26/01/2022 92