2020-12-31-accounts - The Shanly Foundation

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		Page
Trustees' Report	I	to	4
Report ofthe Independent Auditors	5	to	8
Statement ofFinancial Activities
Balance Sheet		10
Cash Flow Statement
Notes to the Financial Statements	12	to	20
Detailed Statement ofFinancial Activities		21

					T~bS	T~bS	h 6 F d	h 6 F d
					Statement		ofFinancial Activities
			co	oratin		an Income and Ex		n iture Ac ount
				for	e	Year	Ended 31st Decemb r2020
										Period
										13.7.18
									Year Ended	to
									31.12.20	31.12.19
									Unrestricted	Total
									fund	funds
						Notes
INCOME Donations	AND ENDOWMENTS FROM								1,552,485	3,472,217
Investment	income								~28 028	~1780
Total									1,580,513	3,473,997
EXPENDITURE ON
Charitable activities Costs ofgrant making									971,230	531,471
NET INCOME									609,283	2,942,526
RECONCILIATION		OF	FUNDS
Total funds brought		forward							2,942,526
TOTAL FUNDS CARRIED FORWARD									~3551809	~2942 526
CONTINUING OPERATIONS
All income	and expenditure		has arisen &om		continuing		activities.

The Shanl Fo	undation Re 'stared number' 114	64054
	Balance Sheet
	31st December 2020
		31.12.20	31.12.19
		Unrestricted	Total
		fund	funds
	Notes	8	f.
CURRENT ASSETS
Debtors Cash at bank		9,012 ~3801106	56,895 ~3112979
		3,810,118	3,169,874
CREDITORS
Amounts falling due within one year	12	(196,809)	(191,348)
NET CURRENT ASSETS		~3613309	~2978 526
TOTAL ASSETSLESSCURRENT
LIABILITIES		3,613,309	2,978,526
CREDITORS
Amounts falling due afier more than one year	13	(61,500)	(36,000)
NET ASSETS		~3551809	~2942 526
FUNDS	14
Unrestricted funds		~3551809	~2942 526
TOTAL FUNDS		~3551809	~2942 526

				for the Year Ended 3	1st December 2020
						Period
						13.7.18
					Year Ended	to
					31.12,20	31.12.19
				Notes		6
Cash flows from operating activities Cash generated &om operations				17	~660 099	~3111199
Net cash provided	by operating		activities		~660 099	~3111199
Cash flows from Interest received	investing	activities			~28 028	~1780
Net cash provided	by investing		activities		~28 028	~1780
Change in cash and cash reporting period		equivalents		in the	688,127	3,112,979
Cash and cash equivalents ofthe reporting period		at	the beginning		~3112979
Cash and cash equivalents reporting period		at	the end	ofthe	~3801 106	~3112979

									Period
									13.7.18
								Year Ended	to
								31.12.20 f	31.12.19 f,
	Corporate donations Other donations							1,550,001 ~2484	1,597,200 ~1875017
								~1552485	3 472 217
3.	INVESTMENT INCOME
									Period
									13.7.18
								Year Ended	to
								31.12.20	31.12.19
									f,
	Deposit account interest							25,242	510
	Loan interest							~2786	1270
								~28 028	~1780
4.	CHARITABLE ACI'IVITIES COSTS
							Grant
							funding of
							activities	Support
							(see note	costs (see
							5)	note 6)	Totals
	Costs ofgrant making						~943 166	~28 064	~971230
5.	GRANTS		PAYABLE
									Period
									13.7.18
								Year Ended	to
								31.12.20 f	31.12.19
	Costs ofgrant making							~943 166	~513 553
	An analysis		ofmaterial	grants payable to institutions			in support oftheir charitable	causes is as follows:
								2020f	2019 f
	Adoption	UK Charity						50,000
	Beech Lodge School								81,250
	Citizens Advice Windsor				and Maidenhead			2,000	10,000
	Jumbulance		Trust					260	11,900
	Marlow Town Council			—Christmas		lights		10,000	10,000

GRANTS PAYAB	LE - continued
Thames Hospice SATRO			82,250 68,723
Meals &om Marlow			25,000
Thames Traditional Sayers Croft Marlow Opportunity MRUFC Youth	Boat Rally Playgroup		10,000 7,850	10,000 15,000
2nd Amersham on Other grants	the Hill Scout Group		10,000 677933	~375 403
			943 166	513 553
An analysis ofgrants by nature of project being supported		is as follows:	2020	2019
Community Disability Education			357,486 97,790 124,066	170,614 73,250 174,179
Health &Welfare			347,454	93,510
Religion Wildlife &Conservation			7,500 ~8870	~2000
			~943 166	~513 553

9.	STAFF CO	ST	S
									Period
									13.7.18
							Year Ended		to
							31.12.20		31.12.19
							8
	Wages and salaries Other pension costs						16,379 448
							~16	827
	The average	monthly		number ofemployees		during the year was as follows:
									Period
									13.7.18
							Year Ended		to
							31.12.20		31.12.19
	Admin staff							I
	No employees		received emoluments		in excess off60,000.
10.	COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES
									Unrestricted
									fund
	INCOME AND ENDOWMENTS				FROM
	Donations								3,472,217
	Investment	income							~1780
	Total								3,473,997
	EXPENDITURE ON
	Charitable	activities
	Costs ofgrant		making						531,471
	NET INCOME								2,942,526

10.	COMPARATIVES FORTHK STATEMENT OF F	INANCIAL AC	TIVITIES	-continued
					Unrestricted
					fund
	TOTAL FUNDS CARRIED FORWARD				2 942 526
11.	DEBTORS
				31.12.20	31.12.19
				8
	Amounts falling due within one year:
	Other debtors			~9012
	Amounts falling due atter more than one year:
	Other debtors				~56 895
	Aggregate amounts			~9012	~56 895
12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				31.12.20	31.12.19
				8
	Social security and other taxes			735
	Grants payable			185)t65	184,748
	Accrued expenses			~10109	~6600
				~196809	191348
13.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN		ONK YEAR
				31.12.20 f	31.12.19 6
	Grants payable			~61 500	~36 000
14.	MOVEMENT IN FUNDS
				Net
				movement	At
		At 1.1.20		in funds	31.12.20
			f.	f.
	Unrestricted funds
	General fund	2)942&526		609,283	3,551,809
	TOTAL FUNDS	~2942 526		~609 283	~3551809

					Net
					movement	At
					in funds	31.12.19
						f.
Unrestricted			funds
General	fund				2,942,526	2,942,526
TOTAL		FUNDS			~2942 526	~2942 526
Comparative			net movement	in funds, included in the above are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
				f.	f.
Unrestricted			fends
General		fund		3,473,997	(531,471)	2,942,526
TOTAL		FUNDS		~3473997	~531471)	~2942 526

During	the period t	the charity were as follows:
		2020	2019
		f
Sorbon Sorbon	Homes Limited Investments Limited	1,550,000	1,550,000 47 200
		1500 11110	I 507 2110

					Period
					13.7.18
				Year Ended	to
				31.12.20	31.12.19
Net income	for the	reporting	period (as per the Statement ofFinancial
Activities) Adjustments	for:			609,283	2,942,526
Interest received Decrease/(increase) Increase in creditors		in debtors		(28,028) 47,883 ~30961	(1,780) (56,895) 227 348
Net cash provided		by operations		~660 099	~3111199
ANALYSIS	OF CHANGES		IN NKT FUNDS
			At 1.1.20	Cash flow	At 31.12.20
				f.	f
Net cash
Cash at bank			~3112979	~688 127	~3801106
			~3112979	~688 127	~3801106
Total			3,112,979	688,127	3,801&106

		Detailed Statement ofFinanci
		for the Year Ended 31st December 2020
				Period
				13.7.18
			Year Ended	to
			31.12.20	31.12.19
			f,	f,
INCOME AND	ENDOWMENTS
Donations
Corporate donations Other donations			1&550,001 ~2484	1,597,200 ~1875017
			1,552,485	3,472,217
Investment income
Deposit account Loan interest	interest		25&242 ~2786	510 ~1270
			~28 028	~1780
Total incoming	resources		1,580,513	3,473,997
EXPENDITURE
Charitable activities
Grants to institutions			943,166	513,553
Support costs
Other
Wages Pensions			16&379 448
Sundries			689	417
Advertising Bank charges			3,599 349	10,798 103
			21,464	11,318
Governance costs Auditors' remuneration			~6600	~6600
Total resources	expended		~971 30	~531 471
Net income			~609 283	~2942 526