2021-12-31-accounts

		Page
General information
Report ofthe Trustees
Auditors' report
Statemenc offinandal	activities
Balance sheet		10
Statement ofcash flows
Notes to the financial	stacements	12

							2021	2020
				Unrestricted	Restricted	Endowment
				Fund	Funds	Fund	Total	Total
Income and endowments		from:	Note	6	6	6	6	6
Investment income Donations snd legacies Bank Interest received			2 3	122,190 8	3753RO	406.250	122,190 781,250 8	76,6$1 1,250,000
Total Incoming resources				122,198	375,000	406,750	903,448	IJ26,6$1
Expenditure on:
Charitable activities			4	10,871	375,000		3853171	40,763
Tntal expenditure				10,871	375,000		385,8/ I	40,763
Net gains on mvastmant	swats						846,654	44,9$7
Net Income				111,327		1,252,904	1,364231	1330,845
Transfer between funds
Net movement In funds				111.327		1.252,904	1,364.231	1,330,845
Recondliadon offunds:
Fund balance brought forward		at
I January 2021				353RB		5,061,103	5,096.991	3,766,146
Fund balance carried forward		at
31 December 2021				147215		6,314,007	6,461,222	$.096,991

					2021			2020
				Note	6			6
Fixed assets
Investments					6,444,809			5,069,715
Current assets
Cash at bank	and in hand				28,643		34,449
Liabilities
Creditors: Amounts		falling due
within one year				6	(12,230)		f7,173)
Net current	assets				16,413			27,276
Total assets	less current			liabilities	6,461,222			5,096,991
Net assets					6,461,222			5,096,991
The funds ofthe charltyt
Expendable endowment			fund		6,314,007			5,061,103
Unrestricted	fund				147,215			35,888
					6,461,222			5,096,991
The financial	statements		on	pages 9to 15were approved	by the board of trustees	on		2022 and
were signed on its behalf			by:-

			202 I	2020
			Total	Total
			6	E
Net cash provided by aperadag acdvidec			400,436
Cash /laws «nm Invasdng	ecrlvidec.
Incerest received				l0i
Purchase ofinvastmancs			(406,250)	(i,ppe so/)
Net cash (used in)/provided		by investing activities	(5,006)	(6s,e40)
Change In cash and cash	equivalencs		(5306)	(6s,edo)
Cash and cash equlvalencs		browst forward	34,449	/00.209
Cash and cash equivalents		carried forward	28,643	34,449

							2021	2020
Grunts made Io charitable insritutians
Glyndebourne Productions Ltd						375,000
De Havillsnd Aircraft Museum								3,000
Kids on Track								7300
The Trusseg Trust								I0,000
The Woodland Trust								3,000
Watlington Hospital Charitable	Trust							7,500
St Peter's Church, Hammersmith								3,000
						375,000		34,000
Governance costs allocated tu charitable			actintles:
Consultancy costs							9,845	5,755
Independent wmininer's fees							966	9ig
Bank charges							60	90
Total expenditure on charitable	activities					385,871		40,763
Expenditure on charitable activities,			610,871 (2020 - 640,763) was		attributable	to the	unrestricted	fund and
6375,000 (2020 —Enil) was attributable			to the restricted	fund.
S. Fixed asset investments							2021	2020
							6	6
Quoted investments
Market value at start ofyear						5,069,715		2,949,707
Additions						406,250		1,998,50I
Accumulation dividends reinvested						122.190		76,550
Net unreallsed gains on investment		assets				846,654		44,957
Market value at end ofyear						6,444,809		5,069,715

falling	due	within	one	year	2021	2020
					E	6
					12,230	y,l73
					12.230	7,173

7. Analysis ofnet assets between funds
		Unrestricted	Expendable	Total
		Income	Endowment
		funds	funds	2021
			E	E
Fund balances as at 31 December 2021 are represented	by:
Cash and Debtors			442,938	442,938
Creditors		(426,525)		(426,525)
		(426,525)	442,938	16,413
Investments		198,740	6,246,069	6,444,809
		(227,785)	6,689,007	6.461,222

Iteconcglatlon ofnet		movement	in funds iu net cash 4uw from operating activities
			2021	2020
			E
Net movement in	funds		1,364,231	/,330,845
Deduct gains on investments			(846,654)	(44,957)
Deduct income from investments			(122.198)	(76,65I)
Increase/(decrease)	In creditors		5,057	(25,177)
(Increase)/decrease	in debtors			748,500
Net cash provided	by operating	activities	400,436	1,932,560