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2020-12-31-accounts

					Page
Reference and administrative		details ofthe Charitable	Company,	its Trustees and
advisers
Trustees' report					2-7
Trustees' responsibilities statement
Independent auditor's	report	on the financial statements			10-13
Statement offinancial	activities				14
Balance sheet					15-16
Statement ofcash flows					17
Notes to the financial	statements				18-26

Trustees
			Daniel Clifford	(appointed		26	November	2019,	resigned 22 April 2020)
			Ashley John Powell, Managing				Director	(appointed		21 June 2019)
			Juan Roberto Hernandez,			Director ofTemporal			Affairs (appointed		22 April 2020)
			Michael Kurt Dehner,		Director		(appointed	21 June		2019)
Company	registered
number			12063279
Charity registered
number			1185976
Principal	office and		187Penns Lane
registered	office		Sutton Coldfield
			West Midlands
			B76 1JU
Independent		auditor	Grant Thornton	UK LLP
			Chartered Accountants
			Colmore Plaza
			20 Colmore Circus
			Birmingham
			West Midlands
			B46AT
Bankers			HSBC
			34 Poplar Road
			Solihull
			West Midlands
			B91 3AF
			Citibank
			CitiGroup Centre
			33Canada Square
			London
			E145LB
Solicitors			Daniel Clifford Law LLP
			76 Caledonian	Road
			London
			N1 9DN

						Unrestricted	Total
						funds	funds	Total
						13months	13months	funds
						ended	ended	Period ended
						31 December	31 December	30November
						2020	2020	2019
					Note		K
Income from:
Donations and	legacies				3	105,086,485	105,086,485
Investments					4	5,113,819	5,113,819
Total income						110,200,304	110,200,304
Expenditure on:
Investment management				costs	5	1,360,797	1,360,797
Charitable activities					6	18,333	18,333
Total expenditure						1,379,130	1,379,130
Net movement gains/(losses)	in funds			before other recognised		108,821,174	108,821,174
Other recognised		gains/(losses):
Losses on revaluation			of	fixed assets		(1,368,941)	(1,368,941)
Net movement	in	funds				107,452,233	107,452,233
Reconciliation	of	funds:
Net movement	in funds					107,452,233	107,452,233
Total funds carried			forward			107,452,233	107,452,233

						31		30
						December		November
						2020		2019
				Note
Fixed assets
Investment property						102,500,000
						102,500,000
Current assets
Debtors					605,865		100
Cash at bank and	in	hand			6,016,083
					6,621,948		'/00
Creditors: amounts		falling due within one
year				10	(1,669,615)
Net current assets						4,952,333		'/00
Total assets less	current liabilities					107,452,333		100
Net assets excluding			pension asset			107,452,333		'/00
Total net assets						107,452,333		100
Charity funds
Restricted funds
Unrestricted funds
General funds					107,452,233
Share capital					100		'/00
Total unrestricted	funds					107,452,333		100
Total funds						107,452,333		'/00

						Period
					13months	ended
					ended	30
					31 December	November
					2020	2019
Cash flows from operating		activities
Cash flows from operating activities					109,885,024
Cash flows from investing		activities
Donation	of investment property				(103,769,108)
Purchase	oftangible fixed assets				(99,833)
Net cash	(used in)/provided	by investing		activities	(103,868,941)
Cash flows from financing		activities
Net cash	provided by financing activities
Change	in cash and cash	equivalents	in	the period	6,016,083
Cash and	cash equivalents	at the beginning		ofthe period
Cash and cash equivalents		at the end	of	the period	6,016,083

					Unrestricted		Total
					funds	Total	funds
					13months	funds	Period
					ended	13months	ended
					31	ended	30
					December	31 December	November
					2020	2020	2019
Donations
Donation	of investment		property		103,769,108	103,769,108
Donation	of pre-transfer		property	income	1,317,377	1,317,377
Total donations		received			105,086,485	105,086,485
					105,086,485	105,086,485

4.	Investment	income
			Unrestricted	Total	Total
			funds	funds	funds
			13months	13months	Period
			ended	ended	ended
			31	31	30
			December	December	November
			2020	2020	2019
			E
	Rental income		4,063,260	4,063,260
	Service charge income		1,050,559	1,050,559
			5,113,819	5,113,819

					Unrestricted	Total	Total
					funds	funds	funds
					13months	13months	Period
					ended	ended	ended
					31	31	30
					December	December	November
					2020	2020	2019
Utilities					250,384	250,384
Management		fees			60,000	60,000
General	building		supplies		(1,034)	(1,034)
Legal and professional				fees	20,750	20,750
Property	maintenance				601,627	601,627
Security					296,962	296,962
Property	rates				6,394	6,394
Insurances					42,721	42,721
Cleaning					82,993	82,993
Total 2020					1,360,797	1,360,797

	Unrestricted	Total	Total
	funds	funds	funds
	13months	13months	Period
	ended	ended	ended
	31	31	30
	December	December	November
	2020	2020	2019
Accountancy	6,202	6,202
Bank charges	131	131
Audit fees	12,000	12,000
	18,333	18,333

								13months	Period
								ended	ended
								31	30
								December	November
								2020	2019
								F
Fees payable to the Charitable			Company's			auditor and its associates	for
the audit ofthe Charitable		Company's			annual accounts			12,000
Fees payable to the Charitable			Company's			auditor and its associates	in
respect of:
All non-audit	services not	included		above				3,000

			Freehold
			investment
			property
			F
Valuation
Donated	property	received	103,769,108
Deficit on	revaluation		(1,368,941)
Additions			99,833
At 31 December		2020	102,500,000

		31	30
		December	November
		2020	2019
Trade debtors		584,917
Other debtors		100	100
Prepayments	and accrued income	20,848
		605,865	100

			31	30
			December	November
			2020	2019
Other taxation	and social security		179,470
Other creditors			305,550
Accruals and deferred		income	1,184,595
			1,669,615

				31	30
				December	November
				2020	2019
				F
100	Ordinary	shares	atF1.00 each	100	100
100	Ordinary	shares	were issued at par on incorporation.

12.	Reconciliation of net	Reconciliation of net	Reconciliation of net	movement	in funds to net cash flow from	operating	activities
							13months	Period
							ended	ended
							31	30
							December	November
							2020	2019
							F
	Net income for the period (as per				Statement of Financial Activities)	108,821,174
	Adjustments for:
	Increase	in debtors					(605,765)
	Increase	in creditors					1,669,615
	Net cash	provided	by operating		activities	109,885,024
13.	Analysis	ofcash and		cash equivalents
							31	30
							December	November
							2020	2019
							E
	Increase	in cash at	bank and at hand				6,016,083
	Total cash and cash			equivalents			6,016,083
14.	Analysis	ofchanges		in net debt

				At 31
				December
			Cash flows	2020
			F
Cash	at bank and	in hand	6,016,083	6,016,083
Cash	equivalents
			6,016,083	6,016,083