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||||Page|
|---|---|---|---|
|Reference and Administrative||Details ofthe Charity, its Trustees and Advisers||
|Trustees'<br>Report|||2-6|
|Independent<br>Auditors'|Report|on the Financial Statements|7-10|
|Statement of Financial|Activities|||
|Balance Sheet|||12|
|Notes to the Financial|Statements||13-19|





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|Trustees|||Andrew<br>Elder,|Chair|Chair||||
|---|---|---|---|---|---|---|---|---|
||||Lindsay Elder||||||
||||Thomas<br>Elder||||||
||||Geoff Stead||||||
|Charity|registered||||||||
|number|||1176650||||||
|Principal|office||13Hammersmith||Terrace||||
||||London||||||
||||W6 9TS||||||
|Independent||auditors|Warrener<br>Stewart||||||
||||Chartered<br>Accountants||||||
||||Registered<br>Auditors||||||
||||Harwood<br>House||||||
||||43 Harwood<br>Road||||||
||||London||||||
||||SW6 4QP||||||
|Bankers|||SG Kleinwort|Hambros|||Bank (Cl)|Limited|
||||SG Hambros|House|||||
||||18Esplanade||||||
||||St Helier||||||
||||Jersey||||||
||||JE46PR||||||
|Stockbrokers|||Genesis Investment|||Management||LLP|
||||21 Grosvenor|Place|||||
||||London||||||
||||SW1X 7HU||||||





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|||||||Unresbf cted|Total|Tote/|
|---|---|---|---|---|---|---|---|---|
|||||||funds|funds|funds|
|||||||2021|2021|2020|
||||||Note|6|6|5|
|Income from:|||||||||
|Donations<br>and|legacies|||||||1,442,809|
|Investments||||||5,350|5,350|3,366|
|Total income||||||5,350|5,350|1,446,175|
|Expenditure<br>on:|||||||||
|Charitable<br>activities||||||262,641|262,641|64,750|
|Total expenditure||||||262,641|262,641|64,750|
|Net (expenditure)/income||||before net gains/(losses)|||||
|on investments||||||(257,291)|(257,291)|1,381,425|
|Net gains/gosses)||on investments||||1,096,840|1,096,840|(21,582)|
|||||||839,549|839,549|1,359,743|
|Net movement|in|funds|||||||
|Reconciliation|of|funds:|||||||
|Total funds brought|||forward|||5,785,705|5,785,705|4,425,962|
|Net movement|in funds|||||839,649|839,549|1,359,743|
|Total funds canted|||forward|||6,625,254|6,625,254|5,785,705|





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|||Note||2021f||2020|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Investments||||3,030,289||4,788,251|
|||||3,030,289||4,788,251|
|Current assets|||||||
|Cash at bank and|in hand||3,600,005||1,007,534||
||||3,600,005||1,007,534||
|Creditors; amounts|falling due within one||||||
|year||9|(5,040)||(10,080)||
|Net current assets||||3,594,965||997,454|
|Total net assets||||6,625,254||5,785,705|
|Charity funds|||||||
|Restricted funds|||||||
|Unrestricted<br>funds||||6,625,254||5,785,705|
|Total funds||||6,625,254||5,785,705|





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||||Unrestricted|Total|
|---|---|---|---|---|
||||funds|funds|
||||2021|2021|
||||5|5|
||Donations||||
||||Unrestricted|Total|
||||funds|funds|
||||2020f|2020<br>5|
||Donations||1,442,809|1,442,809|
|4.|Investment|income|||
||||Unrestricted|Total|
||||funds|funds|
||||2021|2021|
||Bank interest||5,350|5,350|
||||Unrestricted|Total|
||||funds|funds|
||||2020|2020|
||||6||
||Bank interest||3,366|3,366|





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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2021<br>6|2021|2020f|
|Grants made|||158,054|158,054|60,620|
|Audit fee|||5,040|5,040|5,040|
|Legal and|professional|fees|||(910)|
|Bank charges|||180|180||
|Investment|transaction|fees|4,824|4,824||
|Loss on foreign exchange|||94,543|94,543||
||||262,641|262,641|64,750|



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||Listed|
|---|---|
||investments|
||6|
|Cost or valuation||
|At 1 July 2020|4,788,251|
|Disposals|(2,854,802)|
|Revaluations|1,096,840|
|At 30June 2021|3,030,289|
|Net book value||
|At 30June 2021|3,030,289|
|At 30June 2020|4,788,251|



|||2021f|2020f|
|---|---|---|---|
|Trade creditors|||5,040|
|Accruals and deferred|income|5,040|5,040|
|||5,040|10,080|





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|||||||||Balance at|
|---|---|---|---|---|---|---|---|---|
||||Balance at 1||||Gains/|30June|
||||July 2020f|Income<br>f|Expenditure|f.|(Losses)<br>F|2021f|
|General funds|||5,785,705|5,350|(262,641)||1,096,840|6,625,254|
|Summary|offunds|- prior year|||||||
|||||||||Balance at|
||||Balance at||||Gains/|30June|
||||1Ju/72019f|Income<br>f|Expenditure|f|(Losses)f|2020f|
|General funds|||4,425,982|1,446,175|(64,750)||(21,682)|5,785,705|





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||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2021|2021|
||6|E|
|Fixed asset investments|3,030,269|3,030,289|
|Current assets|3,600,005|3,600,005|
|Creditors due within one year|(5,040)|(5,040)|
|Total|6,625,254|6,625,254|



|Analysis<br>ofnet assets between funds - prior year|||
|---|---|---|
||Vnrestricted|Total|
||funds|funds|
||2020|2020|
||5||
|Fixed asset investments|4,788,251|4,788,251|
|Current assets|1,007,534|1,007,534|
|Creditors due within one year|(10,080)|(10,080)|
|Total|5,785,705|5,785,705|



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