2022-12-31-accounts

Trustees		Sr P M Conroy
		Sr A M Murillo Arevalo
		Sr G M Nabuurs
		Sr M 0 Babic (resigned		14February 2023)
		Sr I Neculai (appointed		14February 2023)
		Sr0 O' Shea (appointed		23 February 2023)
Secretary		L&PTrustee Services		Limited
Charity number		1178995
Company	number	10851948
Registered	address	34Chepstow Villas
		London
		W112QZ
Auditors		Sanders
		1Bickenhall Mansions
		Bickenhall Street
		London
		W1U 6BP
Investment	Manager	Cantor Fitzgerald	Ireland
		23 StStephens Green
		Dublin 2
Bankers		Lloyds Bank
		25 Gresham Street
		London
		EC2V 7HN
		Allied irish Banks
		3rd Floor
		1Adelaide Road
		Dublin 2

		Page
Trustees' Report		1-9
Independent Auditor's	Report	10-13
Statement ofFinancial	Activities	14
Statement of Financial	Position	15
Statement ofCash flows		16
Notes tothe Financial	Statements	17 —25

						2022	2021
						g	g
Cashflow	from Operating		Activities
Net cash	provided by operating activities				12	3,748,028	22,266,420
						3,748,028	22,266,420
Cashflow	from investing	activities
Cost ofgenerating funds		paid out ofinvestments				247,430	195,888
Charitable	activities					56,165
Purchases	ofinvestments					(5,104,320)	(42,042,863)
Proceeds	from sale of investments						20,815,935
Net cash	used by investing		activities			(4,800,725)	(21,031,040)
Changes	in cash and cash		equivalent	in the	year	(1,052,697)	1,234,380
Cash and	cash equivalent		at 1January			2,501,017	1,265,637
Cash and	cash equivalent		at 31December		13	1,448,320	2,501,017

			Unrestricted	Funds General
			2022	2021
			8	8
Donations	and	gifts	6,898,952	23,508,637

					Unrestricted	Funds General
					2022	2021
					E	E
	Income from	listed investments			720,646	692,566
	Interest receivable				67	13
					720,713	692,579
5.	CHARITABLE	ACTIVITY EXPENDITURE
					Unrestricted	Funds General
					2022	2021
					E	E
	Donations				6,062,710	1,253,986
	Support costs				123,702	76,279
	Governance	costs - auditor's	remuneration	for
	audit services				24,322	22,296
	Governance	costs —auditor's	remuneration	for
	other services				43,912	62,365
	Other currency exchange movements				55,718	111,297
					6,310,364	1,526,223

RAISING	F	UNDS
					Unrestricted	Funds	General
					2022		2021
					E		E
Investment		Management		fees	197,609		144,177
Financial	management		fees		6,035		6,409
Company		secretarial	fees		7,145		7,412
					210,789		157,998

	2022	2021
	E	E
Wages and Salaries	46,029	50,469
Pension costs	3,614	2,754
Social welfare costs	19,681	15,748
	69,324	68,971

NET GAI	NS/(LOSSES)	ON INVESTMENTS
			Unrestricted	Funds General
			2022	2021
Realised	Ik Unrealised	(losses)/gains	(3,887,756)	5,440,015
Exchange	losses on investments			(2,405,116)
			(3,887,756)	3,034,899

FIXED ASS	ET INVEST	MENTS
			2022	2021
			E	E
Market Value 1January			46,194,090	21,435,585
Additions	during the	year	5,104,320	42,042,863
Sold during the year				(20,815,935)
			51,298,410	42,662,513
Investment	income		720,646	692,566
Charitable	activities	paid out of investments	(56,165)
Cost ofgenerating funds paid			(247,430)	(195,888)
Unrealised	(losses)/gains		(3,887,756)	3,034,899
Market Value 31December			47,827,705	46,194,090

	Investments		at fair	value comprises	value comprises	value comprises		2022	2021
								E	6
	Equities							21,758,981	19,987,818
	Securities							22,415,852	25,459,378
	Bonds							2,409,739
	Cash within		investment		portfolio			1,243,133	746,894
								47,827,705	46,194,090
10.	DEBTORS
								2022	2021
									E
	Prepayments								1,536
11.	CREDITORS:		AMOUNTS		FALLING	WITHIN	ONE YEAR
								2022	2021
								E	E
	Other Creditors							4,170,557	808,720
	Included in	Other Creditors are amounts					payable to connected charities,		see related party
	note 16for	further		information.
12.	RECONCLILIATION			OF NET INCOME/(EXPENDITURE)				TO NET CASH FLOW FROM
	OPERATING		ACTIVITIES
								2022	2021
								E	E
	Net movement in			funds				(2,782,455)	25,551,894
	Investment		Income					(720,646)	(692,566)
	Decrease	in	debtors					1,536	6,408
	Increase/(decrease)			in creditors				3,361,837	435,583
	Gains/(losses) in investments							3,887,756	(3,034,899)
	Net cash provided			by operating		activities		3,748,028	22,266,420

13.	ANALYSIS OF CASH AND CASH EQUIVALENTS
				2022		2021
				6		E
	Cash in hand			1,448,320		2,501,017
	Total cash	and cash equivalents		1,448,320		2,501,017
14.	FUNDS RECONCILIATION
				Unrestricted	Funds
				2022		2021
				6		6
	Balance as	at 1January		47,887,923		22,336,029
	Net income			1,105,301		22,405,698
	Unrealised	investment	(losses)/gains	(3,887,756)		3,034,899
	Other currency exchange movement			0		111,297
	Balance as	at 31December		45,105,468		47,887,923
15.	ANALYSIS OF NET ASSETS BETWEEN FUNDS
				Unrestricted		Funds
				2022		2021
				6		6
	Fixed asset investments			47,827,705		46,194,090
	Current	assets		1,448,320		2,502,553
	Current	liabilities		(4,170,557)		(808,720)
				45,105,468		47,887,923