## 





## 

|Reports||
|---|---|
|Referenceandadministrativeinformation||
|Trustees’report||
|Independentauditor’sreport||
|Financialstatements||
|Statementoffinancialactivities|12|
|Balancesheet|13|
|Statementofcashflows|14|
|Principalaccountingpolicies|15|
|Notestothefinancialstatements|17|






|Trustees|CharlesBedford|
|---|---|
||DeanBowie|
||MarkHynd|
||ClivePavey|
||SimonRich|
|Principaloffice|ExchangePlace|
||PoseidonWay|
||Warwick|
||CV346BY|
|Charityregistrationnumber|1181336|
|Companyregistrationnumber|10801299|
|Auditor|BuzzacottLLP|
||130WoodStreet|
||London|
||EC2V6DL|
|Bankers|HSBC|
||21KingsMall|
||KingsStreet|
||*Hammersmith|
||London|
||W6OQF|





# 






# 









# 







10 August 2023 



|||||Unrestricted|Unrestricted|funds|
|---|---|---|---|---|---|---|
|||||||18month|
|||||Yearto31||periodto|
|||||December||31Dec|
|||||2022||2021|
|||<br>Notes|<br>|<br>£||<br>£|
|Incomefrom:|||||||
|Donationsandgrants|||1|33,500,000||12,500,000|
|Interestreceived||||15,299||-|
|Totalincome||||33,515,299|_|12,500,000|
|Expenditureon:|||||||
|Charitableactivities|||||||
|.Grantspayable|||2|26,694,010||4,998,390|
|.Supportandgovernancecosts||||54,665||31,014|
|Totalexpenditure|||229,748,675|||5,029,404|
|Netincomebeforeinvestmentlosses||||3,766,624||7,470,596|
|Unrealisedlossesoninvestments|||6|<br>(35,035)_||a|
|Netincomefortheyearandnetmovementinfunds||||3,731,589||7,470,596|
|Reconciliationoffunds:|||||||
|Fundbalancesbroughtforward|||||||
|at1January2021||||__7,486,909||16,313|
|Fundbalancescarriedforward|||||||
|at31December2022<br>||||11,218,498<br>||7,486,909<br>|
|Allofthecharitablecompany’sactivitiesderivedfromcontinuingoperationsduringthe||||||abovetwo|
|financialperiods.|||||||
|Allrecognisedgainsandlossesareincluded|intheabove|statement|offinancialactivitiesandall||||
|activitieswereunrestrictedinnatureinbothfinancialperiods.|||||||
|||National|AssistanceFund|||12|






|||2022|2021|
|---|---|---|---|
||<br>Notes|<br>£|<br>£|
|Fixedassets||||
|Investments|6|4,964,965|-|
|Currentassets||||
|Cashatbankandinhand||6,292,157|7,498,149|
|Creditors:amountsfallingdue||||
|withinoneyear|7|<br>(38,624)|(11,240)|
|Netcurrentassets||_6,253,533|7,486,909|
|Totalassetslesscurrentliabilities||11,218,498|7,486,909|
|Netassets||11,218,498|7,486,909|
|Representedby:||||
|Fundsandreserves||||
|Unrestrictedgeneralfunds||11,218,498|7,486,909|
|||11,218,498|7,486,909|











# 




# 



|Notestothefinancialstatements|<br>31December2022|||
|---|---|---|---|
|Incomefromdonations|andgrants|||
||||18month|
|||Yearto31|periodto|
|||December|31Dec|
|||2022|2021|
|||<br>£|<br>£|
|<br>Donationsreceived||<br>1,200,000|<br>4,500,000|
|Grantsreceived||32,300,000|8,000,000|
|||<br>33,500,000|<br>12,500,000|
|Charitableexpenditure||||
||||18month|
|||Yearto31|periodto|
|||December|31Dec|
|||2022|2021|
|||<br>£|<br>£|
|<br>Grantspayable(seebelow)||<br>29,694,010|<br>4,998,390|
|Bankcharges||988|1,186|
|Administrativecharges||10,592|8,023|
|Governance||||
|.Auditandaccountancy||10,719|10,500|
|.Legalfees||32,366|11,305|
|||<br>29,748,675|<br>5,029,404|
|Duringtheyear,theFundrnadethefollowinggrants:||||
|||2022|2021|
|||<br>£|<br>£|
|<br>Educationalfeereliefgrants||<br>1,886,822|<br>1,998,390|
|Educationalgrantstosupportschooloperations||27,807,188|3,000,000|
|||29,694,010<br>|4,998,390<br>|
|Allgrantscommittedduring|theyearto31December2022werepaidtotherecipient||organisation|
|duringtheperiod.<br>Asaresult,therearenograntcommitments||toreportat31December2022(18||
|monthperiodto31December2021:none).||||