2021-06-30-accounts

		Page
Report ofthe trustees
Auditor's report
Statement offinancial	activities
Balance sheet		12
Stateiment of casii flovvs
Notes to the financial	statements	14

1185978
Such charities	or for such exclusively		charitable	purposes	as
the trustees	may determine
UBP
Seymour Mews House
26-37 Seymour Mews
London
WI H 6BN
Dixon Wilson Audit Services		LLP
22 Chancery	Lane
London
WC2A ILS
Bates Wells
10Queen Street Place
London
EC4R IBE

					Unrestricted	Unrestricted
					Fund	Fund
					Period	Period
					I August 2020	24 October 2019
					to	to
					30June 2021	31July 2020
				Note	6
Income and endowments		from:
Donations					11,629,240	2,621,336
Total income and	endowments				I 1,629,240	2,621,336
Expenditure on:
Charitable activities					6,523,555	1,137,584
Total expenditure					6,523,555	I,l37,584
Net gains on investments					1,192,438	23,091
Net movement in funds					6,298,123	1,506,843
Reconciliation offunds:
Total funds brought	forward	at	I August 2020		1,506,843
Total funds carried forward		at	30June 2021		7,804,966	1,506,843

							Note	2021	2020
								6	6
Fixed assets
Investments							5	12,954, I45	2,072,283
Current assets
Debtors								9,998
Cash at bank	and in	hand						485,562	69,750
								495,560	69,750
Liabilities
Creditors: amounts		falling due within			one year			(I,823,989)	(453,800)
Net current	liabilities							(1,328,429)	(384,050)
Creditors: amounts		falling due after			one	year		(3,820,750)	(I8I,390)
Net assets								7,804,966	I,506,843
Represented	by:
Unrestricted	Fund							7,804,966	I,506,843
Total								7,804,966	I,506,843
The financial statements signed on their behalf by.'			on pages	I	I to	I8were approved	by the trustees	on + Qtxrv~p	2022 and

							Period	Period
							I August 2020	24 October 2019
							to	to
							30June 2021	31 July 2020
						Note
Net cash generated		by	oPerating activities				421,653	69,750
Cash flows from investing				activities
Proceeds	from sale of	investments					2,914,423
Purchase	of investments						(2,920,264)
Net cash used in investing				activities			(5,841)
Change	in cash and	cash		equivalents			415,812	69,750
Cash and	cash equivalents		brought		forward		69,750
Cash and	cash equivalents		carried		forward		485,562	69,750

Analysis of	charitable	charitable	charitable	expenditure	expenditure	Grants	Grants	Grants	Grants
								to		Support	Total	Total
						institutions				cos'ts	2021	2020
									E
Charitable activities
Health						31,719				18,593	50,312	601,480
Heritage						5,558,	195			89,028	5,647,223	470,417
Music						780,400				45,620	826,020	65,687
						6,370,3		I	4	153,241	6,523,555	1,137,584
Analysis ofsupport	costs
						Health				Heritage	Music	Total
									E	E	E
Consultancy fees						17,545				21,650	35,586	74,781
Bank charges							666			667	667	2,000
Advertising								32		5,529	776	6,337
General expenditure										104	15	120
Governance costs (see		note	3)				349			61,078	8,576	70,003
						18,593				89,028	45,620	153,241
3. Governance	costs										2021	2020
											E
Fees payable to the charity's			auditor for the audit of			the charity's			financial	statements	6,900	6,900
Fees payable to the charity's			auditor for accountancy			services					15,265	4,440
I egal and professional	fees										47,838	96,372
											70003	1077/2
4. Analysis ofgrants to institutions											2021	2020
											E
Cathedrals' Workshop		Fellowship		No	I						34,000
Cathedrals' Workshop		Fellowship		No	2						501,484
Cathedral's Workshop		Fellowship		No	3						696,871
Christian Medical College												18,243
Diocese of Leeds Grant											779,650
Georgian Theatre												375,000
Historic England Foundation											4,325,090	10,000
Liverpool Cathedral												24,000
Global Snakebite Initiative											I 1,998	110,000
University ofOxford												257,299
University ofSheRield												105,327
Venoms and Toxins 2021											16,721
											6,365,814	899,869
Donations and grants	of less		than	f.1,000							4,500	5,693
Total grants											6,370,314	905,562

5. Fixed asset investments	5. Fixed asset investments	5. Fixed asset investments			2021	2020
					6
Valuation at I August 2020					2,072,283
Additions at cost Proceeds on disposal					12,603,847 (2,914,423)	2,049, / 92
Net reaiised and unrealised		gains	on investments		1,192,438	23,091
Market value at 30June 2021					12,954,145	2,072,283
6. Debtors					2021	2020
					6
Other debtors					9,998
7. Creditors					2021	2020
						6
Amounts falling due	within one year
Grants payable					1,804,189	446,900
Accruals					19,800	6,900
Amounts falling due	after one year				1,823,989	453,800
Grants payable					3,820,750	181,390
					5,644,739	635,190
8. Reconciliation	ofnet movement			in funds to net cash flow	2021	2020
					6	6
Net movement in funds					6,298,123	1,506,843
Deduct donation in specie of investments Gains on investments Increase in debtors Increase in creditors					(9,683,583) (1,192,438) (9,998) 5,009,549	(2,049,/92) I'23,09I) 635,/90
Net cash generated by operating			activities		421,653	69,750

2021	2020
6	6
12,954,145	2,072,283