2021-12-31-accounts - The Shanly Foundation

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		Page
Trustees' Report	I	to	3
Report ofthe Independent Auditors	4	to	7
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement		10
Notes to the Financial Statements	11	to	19
Detailed Statement ofFinancial Activities		20

					31.12.21	31.12.20
					Unrestricted	Total
					fuud	funds
			Notes		8
INCOME AND ENDOWMENTS FROM
Donations					551@39	1,552,485
Investment income					16@34	28,028
Total					567)673	1,580,513
EXPENDITURE ON
Charitable activities
Costs ofgrant making					842,597	971,230
NKT INCOME/(EXPENDITURE)					(274)124)	609@83
RECONCILIATION	OF	FUNDS
Total funds brought fortvard					3,551)809	2,942,526
TOTAL FUNDS CARRIED FORWARD					3,276)885	3,551,809
CONTINUING OPERATIONS
All income and expenditure		has arisen from	continuing	activities.

F	n in ' nm BalaacM~ 31stDecember 2021	nil
		31.12.21	31.12.20
		Unrestricted	Total
		fund	funds
	Notes
CURRENT ASSETS
Debtors		11/95	9,012
Cash at bank		3,521,904	3,801,106
		3/33)199	3,810,118
CREDITORS
Amounts falling due within one year	12	(226)814)	(196,809)
NET CURRENT ASSETS		3@06385	3,613,309
TOTAL ASSETSLESSCURRENT LIAB~		3P06$85	3,613,309
CREDITORS
Amounts falling due after more than one year	13	(29,500)	(61,500)
NET ASSETS		3,276,885	3,551,809
FUNDS	14
Unrestricted funds		3/76)885	3,551,809
TOTAL FUNDS		3476i885	3,551,809

					Cgsh FJgz fi(glnmmnt	Cgsh FJgz fi(glnmmnt
			for	he Y	En e 31st	mber	2021
							31.12.21	31.12.20
				Notes
Cash flows from operating	activities
Cash generated from operations				17			(295,536)	660,099
Net cash (used in)/provided	by	opemting	activities				(295,536)	660,099
Cash flows from investing	activities
Interest received							16,334	28,028
Net cash provided by investing		activities					16@34	28,028
Change in cash and cash equivalents			in
the reporting period							(279,202)	688,127
Cash and cash equivalents	at	the
beginning ofthe reporting	period						3,801r106	3,112,979
Cash and cash equivalents	at	the end	of
the reporting period							3,521,904	3,801,106

							31.12.21	31.12.20
	Deposit account interest						16,013	25/42
	Loan interest						321	2,786
							16/34	28,028
4.	CHARITABLE ACTIVITIES COSTS
						Grant
						funding of
						activities	Support
						(see note	costs (see
						5)	note 6)	Totals
								f,
	Costs ofgmnt making					801)624	40,973	842,597
5.	GRANTS PAYABLE
							31.12.21	31.12.20
								f.
	Costs ofgrant making						801,624	943,166
	Material grants payable to institutions				in support oftheir charitable	causes are as	follows:
							2021	2020
								f,
	Adoption UK Charity							50,000
	Kings College, London						59,000
	Citizens Advice Windsor		and Maidenhead					2000
	Jumbulance Trust						10,000	260
	Marlow Town Council - Christmas			lights			10,000	10,000
	Thames Hospice						100	82,250
	SATRO							68,723
	Meals (rom Marlow						20,000	25,000
	Thames Traditional BoatRally						10)000
	RHS Wisley						50,000
	Marlow Opportunity	Playgroup						10,000
	Windsor Lions						10,000
	Maidenhead Rowing	Club					10,000
	Outward Bound Trust						20,000
	Thames Valley Adventure		Playground				13)000
	MRUFC Youth							7,850
	2nd Amersham on the Hill		Scout Group					10,000
	Other grants						589,524	677,083
							801,624	943,166

Governan	ce costs
			31.12.21	31.12.20
			Costs of
			grant	Total
			making	activities
			8
Auditors'	remuneration		7&140	6,600
Legal and	professional	fees	1/96
			8,736	6,600
NKT INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated afier charging/(crediting):
			31.12.21 f	31.12.20
Auditors'	remuneration		7&140	6,600

					31.12.21	31.12.20
					g	f.
Wages and salaries					27,504	14,925
Social security	costs				2,608	1,454
Other pension	costs				561	448
					30,673	16,827
'Ihe average monthly		number ofemployees		during the year was as follows:
					31.12.21	31.12.20
Admin staff					I	1
No employees	received emoluments		in excess off60,000.

			o	hFi	m	-	nin
			f r	Y	Ended 31stDeca	b	2021
10.	COMPARATIVES	F'ORTHE STATEMENT OFFINANCIALA~S
									Unrestricted
									Rnd
	INCOME AND ENDOWMENTS FROM
	Donations								1,552,485
	Investment income								28,028
	Total								1,580,513
	EXPENDITURE ON
	Charitable activities
	Cosm ofgrant making								971,230
	NET INCOME								609,283
	RECONCILIATION		OFFUNDS
	Total funds brought	fortvard							2,942,526
	TOTAL FUNDS CARRIED FORWARD								3,551,809
11.	DEBTORS:AMOUNTS FALLING DUE WffHIN ONE YEAR
								31.12.21	31.12.20
								f
	Other debtors							11+95	9,012
12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE					YEAR
								31.12.21	31.12.20
								f
	Trade creditors							3416
	Social security and other taxes							595	735
	Grants payable							214,834	185,965
	Accrued expenses							8&169	10,109
								2269814	196,809

								Net
								movement	At
						At 1.1.20		in funds	31.12.21
						f			f
Unrestricted	funds
General fund						2,942,526		334,359	3,276,885
TOTAL FUNDS						2,942,526		334,359	3,276,885
A current year 12 months		and prior year		12 months	combined	net movement	in	funds, included	in the above
as follows:
						Incoming		Resources	Movement
						resources		expended	in funds
								f,
Unrestricted	funds
General fund						2,148,186		(1,813,827)	334,359
TOTAL FUNDS						2,148,186		(1,813,827)	334,359
RELATED PARTY DISCLOSURES
During the period the corporate			donations	receivable	to the charity were as follows:
								2021	2020f
Sorbon Group Limited (formerly			Sorbon	Homes Limited)				550,000	1,550,000
								550,000	1,550,000

OPERATING ACTIVITIES
		31.12,21 f	31.12.20
Net (expenditure)/income for the reporting	period (as per the
Statement ofFinancial Activities)		(274 tt24)	609283
Adjustments for:
Interest received		(16834)	(28,028)
(increase)/decrease in debtors		(2)283)	47,883
(Decrease)f ncrease in creditors		(1,995)	30,961
Net cash (used in)/provided by operations		(295,536)	660,099