# ## ## |||Page| |---|---|---| |Trustees'
report||2-4| |Independent
auditor's|report|5-8| |Statement of financial|activities|| |Balance sheet||10| |Statement of cash flows||| |Notes to the financial|statements|12-17| ## ## |Charity number|Charity number|Charity number|1187179|||| |---|---|---|---|---|---|---| |Company|number||CE020177|||| |Trustees|||Iris Gibbor|||| ||||Mark Gibbor|||| ||||Luke Gibbor|||| ||||John Smith|||| |Principal|address||CP House
Oticrspool Way|||| ||||Watford|||| ||||WD25 8JJ|||| |Accountants|||Slick Rothenberg|Limited||| ||||Chartered
Accountants|||| ||||16 Great Queen Street|||| ||||Covent Garden|||| ||||London|||| ||||WC26 5AH|||| |Auditor|||Blick Rothenberg|AudK LLP||| ||||16Great Queen Street|||| ||||Covent Garden|||| ||||London|||| ||||WC2B 5AH|||| |Bankem|||Barclays Bank pic|||| ||||1 Churchig Place|||| ||||London|||| ||||E145HP|||| |Investment||advisors|Barciays Investment||Solutions|Limited| ||||1 Churchill
Place|||| ||||London|||| ||||E145HP|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted
fund| |---|---|---|---|---| |||||2020| ||||Notes|8| |Income from:|||2|4,330,431.60| |Legacies
investment
income|||3|8,727.57| |||||4,339,159.17| |Total||||| |Expenditure
Raising funds
Charitah(e
activities||||(2,270.64)
(118,212.31)| |||||(120,482.95)| |Total||||| |Net income||||4,218,676.22| |Net gains on revaluation||of investments||106,472.21| |Net movement|in funds|||4,325,148.43| |Fund balances|carried|forvvard||4,325,'(48 43| ## ## ## |||||2020|2020| |---|---|---|---|---|---| |||||6|6| |Cash Rows from operating
Net income forthe reporting|activities
period||||4,325,148.43| |(increase)
in debtors
Increase
in creditors
Donations
&legacies
Investment
income
inierestincorne
Gain on revaluation
of investments||||(2,330,431.60)
8,400.71
(2,000,000.00)
(8,201 05)
(526.52)
(106,472.21)|| ||||||(4,437,230.67)| |Net cash used in operating|activities||||(112,082.24)| |Cash flows from investing
Investment
income|activities|||8,201.05
526.52|| |Interest income
Donations
8 legacies
Purchase of investments||||2,000,00000
(1,490,935.80)|| |Net cash generated
from|Inveedng|acuvltlee|||517,791.77| |Change
In cash and cash|equivalents||in the period||40570953| |Cash and cash equivalents
at end of|||period||405,709.53| |Analysis of net funds|||||| |Cash at bank and in hand
Cash held by fund managers|||||402,171.46
3,538.07| |Total cash and cash equivalents|||||405,709.53| |The notes on pages 12to|17form part||ofthese financial statements.||| ## ## ## ## ## ## ## ## ## ## |4|Raising funds|||| |---|---|---|---|---| |||||Unrestricted| |||||funds| |||||2D20| ||Investment
management|fees||2,162.64
108.00| ||LEI registration
fees|||| |||||2,270.64| |5|Charitable
acdvities|||| ||Anatysis ofcharitable|activities||| |||||Total| |||||2020| |||||5| ||Grants
Governance
costs||(5.1)
(5.2)|102,556.00
15,656 31| |||||118,212.31| |||||Total| ||5.1 Grants payable|||2020f| ||Grants during the year comprise:|||3,000.00| ||3H Fund
Ambulance
Staif Chenty|||3,000.00
1,000.00| ||Biesma
Cerlisle Youth Zone
The Cheer Up Squad
Children Ahead|||2,5DO.00
2,000.00
2,000.00
2,500.DO| ||Church Army
Clacton Common
Boys Club
The Community
Hub
Cruse Bereavement
Care|||2,000.00
3,000.00
5,0D0.00
1,000.00| ||Drama Express
Edinburgh
Young Carers
Exodus Project
Goundwork
London|||3,000.00
1,000.00
3,000.00
3,000.0D| ||Headway|||2,000.00| ||Kids in Action|||| ||Balance carried forward|||39,00000| ## ## |5|Charitable
activities|||| |---|---|---|---|---| |||||Total| ||5.1 Grants payable (continued)|||2020| ||Balance brought
forward
Manchester
Foundation
Trust Charity
Marlineau
Gardens|||39,000,00
2,500,00
3,000.00
3,000.00| ||MedEquipsktds
Mind
in Mid Herts
Moira Andersan
Foundation|||5,000.00
3,000.00
5,000.0D| ||MS LIK|||2,000.00| ||Naa Girls
Panathian
Challenge|||1,000.DO
5,00D.DD| ||Project Lily
Raphael Jewish Counselling
React
Snawdan
Trust
Soundweil
Music Therapy Trust
Talk Listen Change
Tilehouse
Counselling
University
College of Osteopathy
Waterloo Community
Counselling
Winstan's
Wish
Wycornbe
Youth Action
Yad Vaezer Helping
Hands UK
Young snd Inspired|||' 3,000.00
2,556.00
3,000.00
3,000.00
2,500.00
5,000.00
3,000.0D
5,000,00
3,000.00
1,D00.00
2,000.00
1,000.00| |||||102,556.00| ||5.2Governance
costs|||| ||The breakdown
of support costs snd how these are allocated between Governance||and Charitable|| ||Activities is shown
in the table below.|||| ||Cost type
Governance
costs|Charitable
activities||Total| ||2020||2020|2020| ||6||6|6| ||Website development
and ITcosts||730.31
175.00|730.31
175.00| ||Marketing
costs
Accountancy
fees
Audit fees
Legal fees
3,000.00
4,200.00
7,551.00|||3,000.00
4,200.00
7,551.00| ||14,751.00||906.31|15,656.31| ## ## |6||Trustees||||||||| |---|---|---|---|---|---|---|---|---|---|---| |||None
of the Trustees
(or|any persons|connected|with|them)|received|any|remuneration|or benefds
or| |||expenses from the Charity|during the period.|||||||| |7||Employees||||||||| |||There were no employees|during the period.|||||||| |8||Fixed asset investments|||||||Listed|| ||||||||||investments|Total| ||||||||||2020|2D20| ||||||||||6|6| |||Additions
Gain on revaluation|||||||1,490,935.60
106,472.21|1,490,935.80
106,472.21| |||Market Value at 31 December 2020|||||||1,597,408.01|1,597,408.01| |||Hlstoricsl cost of investments
at 31||December 202D||||||1,494,473.87| |||Investments
held are analysed asfollows:|||||UK
2020||Ovemeas
202D|Total
2D20| |||||||||2|5|E| |||Multi asset fund|||||1,597,406.01|||1,597,408.01| |||Investments
comprising|5% or mora ofthe total market|||value|ofinvestments||sre as follows:|| |||Barclays Charity
Fund -|R distribution|shares|||100.00|||| ||9|Debtors: amounts
falling due within||one year||||||2020| |||||||||||f| |||Amounts
due from the Estate ofthe late Lady Schreier||||||||2,330,431.60| ||10|Creditors: amounts
falling due within one year||||||||2020| |||||||||||E| |||Accruals||||||||8,400.71| ## ## |11|Movement|in funds|Opening
funds|Incoming
resources|Resources
expended|Net gains I
(losses) on|Closing
funds| |---|---|---|---|---|---|---|---| |||||||investments|| ||||2020|2020|2020|2020|2020| ||||6|6|6|6|| ||Unrestricted|funds|-|4,339,159.'I7|(120,482.95) 106,472,21||4,326,148.43| ||f assetsbetweenfunds||| |---|---|---|---| |nalysis|onet||Umestrlcted| ||||functs| ||||2020| ||||6| |Fund balances at 31 December 2020 are represented||by:|1,597,406.01| |Investments
Current assets
Current
liabilities|||2,736,141.13
(6,400.71)| ||||4,325,148.43|