2023-03-31-accounts

			Page
Reference and administrative	details ofthe Company,	its Trustees and advisers
Trustees' report
Independent examiner's report			7-8
Statement offinancial activities
Balance sheet			10
Statement ofcash flows
Notes to the financial statements			12-23

				Unrestricted	Total	Tofs!
				funds	funds	funds
				Period Ended	Period Ended	YearEnded
				31 INarch	31 March	30Ivovember
			Note	2023 6	2023 6	2021f
Income from:
Donations and	legacies			998,660	998,660	501,029
Total income				998,660	998,660	501,029
Expenditure on:
Chantable activities				689,032	689,032	535,951
Total expenditure				689,032	689,032	535,951
Net movement	in funds			309,628	309,628	(34,922)
Reconciliation	offunds:
Total funds brought		forward		(64,891)	(64,891)	(19,969)
Net movement	in funds			309,628	309,628	(34,922)
Total funds carried forward				254,737	264,737	(54,891)

	Unrestricted	Total
	funds	funds
	31 March	31 March
	2023	2023
		6
Donations	998,660	998,660
	Unrestncted	Total
	funds	funds
	YeerEnded	Year Ended
	30	30
	ivovember	Ivovember
	2021	2021
		6
Danations	501,029	501,029

							Grants to		Total
							Individuals		funds
							31 lillarch		31 INarch
							2023		2023
							6		6
Grants	made						674,142		674,142
The following		grants	were made during			the year;
Recipient									Amount
Ocean	Family	Foundation						5	103,618
Royal	Foundation								100,000
Cancer Research UK									80,000
Alfred	Ounhill	Links Foundation						6	50,000
Taigh	Nlar Faundatian							8	50,000
Greenhouse Sports			Limited					6	45,000
Yacht	Club Saint-Tropez								41,459
Weizmann Institute			Foundation					6	41,202
Lady Garden		Foundation						8	35,000
Grants	under	a materiality		threshold	of	520,000		6	127,863

		Grants to	Total
		indi vlduals	funds
		Year Ended	Year Ended
		30	30
		November	November
		2021	2021
		Z
Grants	made	525,259	525,259

Analysis ofg	rants (conti	nued)	nued)
The following	grants were	made during		the previous	year:
Recipient							Amount
Ocean Family	Foundation						126,746
The Hepworth	Wakefield						'l05,755
The Wellness	Foundation					E	54,707
UK Sailing Academy						E	50,000
Taigh Mor Foundation						E	50,000
Lighthouse Proiect (StTropez)						E	43,047
IViake a Wish	Foundation					E	30,000
The Princes Foundation						E	26,000
Grants under	a materiality	threshold	of	E20,000		E	36,001

		Unrestricted
		funds	Total
		31 March	31March
		2023	2023
		E	E
Support	costs	14,690	14,890
Grants	made	674,142	674,142
		669,032	669,032
		Unrestricted
		funds	Total
		Year Ended	Year Ended
		30	30
		November	November
		2021f	2021f
Support	costs	f0,692	10,692
Grants	made	525,259	525,259
		535,95f	535,951

		Grant
		funding of	Support	Total
		activities	costs	funds
		31 March	31 INarch	3'I March
		2023	2023	2023
			E	6
Support	costs		14,890	14,890
Grants	made	674,142		674,142
		674,142	14,890	689,032
		Granf
		funding of	Support	Total
		activities	costs	funds
		Year Ended	YearEnded	Year Ended
		30	30	30
		November	November	November
		2021	2021 5	2021f
Support	costs		10,692	10,692
Grants	made	525,259		525,259
		525,259	10,692	535,951

		Total
	Activities	funds
	31 March	31 March
	2023f	2023f
Insurance	4, 'l05	4,105
Legal fees	5,042	5,D42
Sub seri pti one	626	826
Accountancy	5,520	5,520
Bank charges	413	413
Foreign exchange differences	(816)	(816)
	14,890	14,890

		Total
	Activities	funds
	Year Ended	Year Ended
	30	30
	November	November
	2021	2021
	Z
Insurance	2,767	2,767
Legalfees	4,340	4,340
Subscriptions	279	279
Accountancy	2,460	2,460
Bank charges	369	369
Foreign exchange differences	477	477
	10,692	10,692

					Year Ended
					30
				31 INarch	Alevambar
				2023	2021
Fees payable to the Company's	independent	examiner	forthe independent
examination ofthe Company's	annual accounts			2,000	1,250
Fees payable to the Company's	independent	examiner	in respect of:
AII taxation advisory services nct included above				1,095	900

			30
		31 March	Afovambar
		2023	2021
Due within	one year
Prepayments	and accrued income		2,767
			2,767

			30
		31 March	November
		2023 E	2021 f
Trade creditors		6,000	3,667
Other creditors			57,557
Accruals and deferred	income	3,360	3,361
		6,360	64,585

						30
					31 March	fyovember
					2023	2021
						6
Financial	assets
Cash and	cash equivalents				263,097	6,927
Financial	assets	measured	at amortised	cost		2,767
					263,097	9,694
						30
					31 March	November
					2023	2021
Financial	liabilities
Financial	liabilities	measured	at amortised	cost	(8,360)	(64,585)

Summary	offunds - current period
		Balance at 1			Balance at
		December			31 March
		2021	tncome	Expenditure	2023
		5			5
General funds		(54,891)	998,660	(689,032)	254,737
Summary	offunds - prior period
					Balance at
		Balance at			30
		1December			November
		2020 B	Income B	Expenditure	2021f
General funds		(19,969)	501,029	(535,951)	(54,891)

Analysis	ofn	et ass	ets	between funds - current pe	riod
					Unrestricted	Total
					funds	funds
					31 March	31 March
					2023f	2023f
Current	assets				263,097	263,097
Creditors	due	within	one	year	(8,360)	(8,360)
Total					254,737	254,737

								Year Ended
								30
							31 March	November
							2023f	2021
Net income/expenditure		for the	period	(as per	Statement	of Financial
Actwities)							309,628	(34,922)
Adjustments for:
Decrease/(increase)	in debtors						2,767	(3/2)
(Decrease)/increase	in creditors						(56,225)	4f,/6f
Net cash provided	by operating		activities				256,170	5,927
Analysis ofcash and cash equivalents
								30
							31 March	/i/ovember
							2023f	2021 Z
Cash at bank and in hand							263,097	6,927
Total cash and cash equivalents							263,097	6,927