2021-03-31-accounts

			Page
Report ofthe Trustees		1	to	3
Report ofthe Independent Auditors			to	5
Statement of Financial Activities
Balance Sheet		7	to	8
Notes tothe Financial Statements		9	to	11
Detailed Statement ofFinancial	Activities		12

					Unrestricted
					fund
			Notes		6
INCOME AND	ENDOWMENTS	FROM
Donations and	legacies				16,761
Investment income					92,257
Total					109,018
EXPENDITURE	ON
Charitable activities
School support					78,427
Other					29,853
Total					108,280
Net gains/(losses) on investments					~87)
NET INCOME					651
Other activity
Transfer of reserves from previous			Foundation	entity	10,654,701
Net movement	in funds				10,655,352
TOTAL FUNDS	CARRIED FORWARD				10~655,352

		Unrestricted
	Notes	fundf
FIXED ASSETS
Tangible assets		135,859
Investment property		8,000,000
		8,135,859
CURRENT ASSETS
Debtors		13,317
Cash at bank		2,522,276
		2,535,593
CREDITORS
Amounts falling due within one year		(16,100)
NET CURRENT ASSETS		2,519,493
TOTAL ASSETSLESSCURRENT
LIABILITIES		10,655,352
NET ASSETS		10,655,352
FUNDS
Unrestricted funds		10,655,352
TOTAL FUNDS		10,655,352

			f
Rents received			90,363
Investment income			203
Deposit account interest			1,691
			92,257
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated after charging/(crediting):
			f
Auditors remuneration			1,545
Depreciation- owned assets			6,205
TRUSTEES' REMUNERATION		AND BENEFITS
There were no trustees'	remuneration		or other benefits for the period ended 31 March 2021,
Trustees' expenses
There were no trustees'	expenses		paid forthe period ended 31 March 2021.
TANGIBLE FIXEDASSETS
			Freehold
			property
			5
COST
Additions			142,064
DEPRECIATION
Charge for year			6,205
NET BOOK VALUE
At 31 March 2021			135,859
INVESTMENTPROPERTY
FAIRVALUE
Additions			8,000,000
At 31 March 2021			8,000,000
NET BOOK VALUE
At 31 March 2021			8,000,000

7.	DESTORS:	AMOUNTS F	ALLING DUE WITHIN ONE YEAR
					8
	Other debtors				13,317
8.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
					E
	Other creditors				12,501
	Accrued expenses				3,599
					16,100
9.	MOVEMENT	IN FUNDS
				Net
				movement
				in funds	At 31.3.21
				8	E
	Unrestricted	funds
	General fund			10,655,352	10,655,352
	TOTALFUNDS			10,655,352	1D.655,352

Net movemen	t in funds, included	in the above are as fol	lows:
		Incoming	Resources	Gains and	Movement
		resources	expended	losses	infunds
		E	8	E	E
Unrestricted	funds
General fund		109,018	(108,280)	10,654,614	10,655,352
TOTAL FUNDS		1DD,D10	~200200)	10,604614	10655352

INCOME AND ENDOWMENTS	INCOME AND ENDOWMENTS	INCOME AND ENDOWMENTS
Donations and legacies
Donations			5,000
Other income			11,761
			16,761
Investment income
Rents received			90,363
Investment income			203
Deposit account interest			1,691
			92,257
Total incoming resources			109,018
EXPENDITURE
Charitable activities
Grants to institutions			78,427
Support costs
Finance
Bank charges			34
Other
Legal and professional fees Freehold property depreciation			5,865 ~6205
			12,070
Governance costs
Auditors' remuneration			1,545
Insurance			16,204
			~17749
Total resources expended			108,280
Net income before gains and losses			738
Realised recognised	gains and losses
Realised gains/(losses) property		on investment	~87)
Net income			651