2020-07-31-accounts

		Page
Report ofthe Trustees		1 to 2
Independent Examiner's	Report
Statement of Financial Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow	Statement
Notes to the Financial Statements		8 to 12

			FOR T	HE YEAR ENDED 313ULY	2020
						Period
						4.7.18
					Year Ended	to
					31.7.20	31.7.19
					Unrestricted	Total
				Notes	fund E	fundsI
INCOME AND ENDOWMENTS			FROM
Donations	and legacies				783,065
Investment	income				~7515
Total					790,580
EXPENDITURE ON
Raising funds					2,530
Charitable	activities
Grants to	Institutions				37,468
Other					~1359	~1495
Total					41,357	1,495
Net gains	on investments				~11305
NET INCOME/(EXPENDITURE)					760,528	(1,495)
RECONCILIATION		OF FUNDS
Total funds brought		forward			(1,495)
TOTAL FUNDS CARRIED FORWARD					~759033	~1495)

			BALANCE SHEET 313ULY 2020
				2020	2019
				Unrestricted	Total
				fund	funds
			Notes	E	E
FIXEDASSETS
Investments				692,597
CURRENT ASSETS
Cash at bank				67,299	3,505
CREDITORS
Amounts falling	due within	one year	12	(863)	(5,000)
NET CURRENT	ASSETS/(LIABILITIES)			66436	~14955
TOTAL ASSETS LESS CURRENT
LIABILITIES				759,033	(1,495)
NET ASSETS/(LIABILITIES)				759033	~14955
FUNDS Unrestncted funds TOTAL FUNDS			13	759033 759033	~14955 ~14955

FOR	THE YEAR ENDE	D 313ULY 2020
			Period
			4.7.18
		Year Ended	to
		31.7.20	31.7.19
	Notes	E	5
Cash flows from operating activities Cash generated from operations Net cash provided by operating activities	1	7~45 086 7~45 086	~3505 ~3505
Cash flows from investing activities Purchase of fixed asset investments Sale of fixed asset investments		(712,091) ~30 799
Net cash (used in)/provided by investing	activities	(6~81 292
Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning ofthe reporting period		63,794 ~3505	3,505
Cash and cash equivalents at the end ofthe reporting period		~67 299	~3505

OPERATING ACTIVIT	IES
						Period
						4.7.18
					Year Ended	to
					31.7.20	31.7.19
					E	E
Net income/(expenditure) for the reporting the Statement of Financial Activities) Adjustments for: Losses on investments (Decrease)/increase in creditors Net cash provided by operations			period (as per		760,528 (11,305) ~3) 545 556	(1,495) 5 Ooo 3 505
ANALYSIS OF CHANGES IN NET FUNDS
				At 1.8.19	Cash flow	At 31.7.20
				E	E	E
Net cash
Cash at bank				~3505 ~3505	~63 794 ~63 794	~67 299 ~67 299
Total				~3505	~63 794	~67 299

						Period
						4.7.18
					Year Ended	to
					31.7.20	31.7.19
					E	E
Porffoho Investment		income			~7515
RAISING FUNDS
Investment management			costs
						Period
						4.7.18
					Year Ended	to
					31.7.20	31.7.19
					E	E
Portfolio management					~2530
CHARITABLE ACTIVITIES			COSTS
						Grant
						funding of
						activities
						(see note
						6)
						E
Grants to Institutions						~37468
GRANTS PAYABLE
						Period
						4.7.18
					Year Ended	to
					31.7.20	31.7.19
					E	E
Grants to Institutions					37468
SUPPORT COSTS
					Governance
				Finance	costs	Tota Is
					E	E
Other resources	expended			60	~1299	~1359

	The average mont	hly n	umber of em	ployees dunng the year was as follows:
						Period
						4.7.18
					Year Ended	to
					31.7.20	31.7.19
	No employees other than trustee/director				2	2
	No employees recewed		emoluments	in excess ofI60,000.
10.	COMPARATIVES	FOR	THE STATEMENT OF FINANCIAL ACTIVITIES
						Unrestricted
						fund
						5
	EXPENDITURE ON
	Other					~1495
	NET INCOME/(EXPENDITURE)					(1,495)
	TOTAL FUNDS CARRIED FORWARD					~1495)
11.	FIXED ASSET INVESTMENTS
						Listed
						investments
						5
	MARKET VALUE
	Additions Disposals Revaluations					712,091 (36,158) ~16664
	At 31)uly 2020					~692 597
	NET BOOK VALUE
	At 31)uly 2020					~692 597
	At 31)uly 2019

CREDI	TORS:	AMOUNTS	FALLI	NG DUE WITHIN ONE YEAR
						2020	2019
Trade creditors Other creditors Accrued expenses						E(1) 864 863	E 5,000 ~5000
MOVEMENT		IN FUNDS
						Net
						movement	At
					At 1.8.19	In funds	31.7.20
						E	E
Unrestricted		funds
General	fund				(1~495)	760/528	759,033
TOTAL	FUNDS				~1495)	~760 528	~759 033
Net movement		in funds,	included	in the above are as follows:
				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
				E	E	E	E
Unrestricted		funds
General	fund			790,580	(41,357)	11,305	760,528
TOTAL	FUNDS			~790580	~41357)	~11305	~760 528

Compar	atives	for movement in funds
			Net
			movement	At
			in funds	31.7.19
			E	E
Unrestricted		funds
General	fund		(1,495)	(1,495)
TOTAL	FUNDS		~1495)	~1495)

Compara	tive	net movement in funds, includ	ed in the above are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
			E	E	E
Unrestricted		funds
General	fund			(1,495)	(1,495)
TOTAL	FUNDS			~1495)	~1495)