2021-12-31-accounts

			Page
Reference and Administrative Details
Report ofthe Trustees		2	to	7
Report ofthe Independent Auditors		8	to	11
Statement of Financial Activities			12
Statement of Financial Position			13
Statement ofCash Flows			14
Notes to the Statement ofCash	Flows		15
Notes to the Financial Statements		16 to		23
Detailed Statement of Financial	Activities		24

TRUSTEES		J M Alexandroff
		H J Grootenhuis
		B M McCorkell
REGISTERED	OFFICE	Third Floor
		20 Old Bailey
		London
		EC4M 7AN
REGISTERED	COMPANY	12552984 (England		and	Wales)
NUMBER
REGISTERED	CHARITY	1189201
NUMBER
AUDITORS		Knox Cropper	LLP
		Chartered Accountants			and Statutory	Auditors
		65 Leadenhall	Street
		London
		EC3A 2AD
BANKERS		C. Hoare 8 Co.
		37 Fleet Street
		London
		EC4P 4DQ
SOLICITORS		Withers LLP
		Third Floor
		20 Old Bailey
		London
		EC4M 7AN

						Period
						9.4.20
					Year Ended	to
					31.12.21	31.12.20
					Unrestricted	Total
					fund	funds
				Notes
INCOME AND ENDOWMENTS			FROM
Donations and legacies					10,913,068	482,599
Investment income					57,744
Total					10,970,812	482,599
EXPENDITURE ON
Raising funds					8,846
Charitable activities
Grant making					1,180,844	994,706
Total					1,189,690	994,706
Net gains on investments					739,145
NET INCOME/(EXPENDITURE)					10,520,267	(512,107)
RECONCILIATION	OF FUNDS
Total funds brought		forward			(512,107)
TOTAL FUNDS CARRIED FORWARD					10,008,160	~512,107)

			2021	2020
			Unrestricted	Total
		Notes	fund f	funds P
FIXEDASSETS
Investments			8,387,050
CURRENT ASSETS
Debtors		12	875	875
Cash at bank and	in hand		1,881,816	15,741
			1,882,691	16,616
CREDITORS
Amounts falling due within one year		13	(261,581)	(278,723)
NET CURRENT ASSETS/(LIABILITIES)			1,621,110	~252,107)
TOTAL ASSETS	LESSCURRENT
LIABILITIES			10,008,160	(262,107)
CREDITORS
Amounts falling due after more than one		year 14		(250,000)
NET ASSETS/(LIABILITIES)			10,008,160	~512,107)
FUNDS Unrestricted funds		15	10,008,160	~512,107)
TOTAL FUNDS			10,008,160	~512,107)

				Period
				9.4.20
			Year Ended	to
			31.12.21	31.12.20
		Notes		f.
Cash flows from	operating	activities
Cash generated from operations			1,804,653	15,741
Net cash provided	by operating activities		1,804,653	15,741
Cash flows from	investing	activities
Purchase offixed	asset investments		(251,679)
Sale offixed asset investments			255,357
Dividends received			57,744
Net cash provided	by investing activities		61,422
Change in cash in the reporting	and cash period	equivalents	1,866,075	15,741
Cash and cash equivalents		at the
beginning ofthe	reporting	period	15,741
Cash and cash equivalents ofthe reporting period		at the end	1,881,816	15,741

					Period
					9.4.20
				Year Ended	to
				31.12.21	31.12.20
Net income/(expenditure)		for the reporting	period (as per the
Statement of Financial		Activities)		10,520,267	(512,107)
Adjustments for:
Net gains on investments				(739,145)
Dividends received				(57,744)
Gifted investments				(7,651,583)
Increase in debtors					(875)
(Decrease)/increase	in creditors			~267,142)	528,723
Net cash provided	by operations			1,804,663	15,741

ANALYSIS OF C	HANGES IN NET FUNDS
		At 1.1.21	Cash flow	At 31.12.21
				f.
Net cash
Cash at bank and	in hand	15,741	1,866,075	1,881,816
		15,741	1,866,075	1,881,816
Total		15,741	1,866,075	1,881,816

DONATION	S AND LEGACIES
			Period
			9.4.20
		Year Ended	to
		31.12.21	31.12.20
		E	E
Gifted investments		7,651,583
Donations		3,261,485	482,599
		10,813,068	482,599
INVESTMENT INCOME
			Period
			9.4.20
		Year Ended	to
		31.12.21	31.12.20
			F
Dividends	received	57,744
RAISING FUNDS
Investment	related costs
			Period
			9.4.20
		Year Ended	to
		31.12.21 f	31.12.20
Investment	custodian fee	8,846

	Period
	9.4.20
Year Ended	to
31.12.21 f	31.12.20
8,846

				Grant
				funding	of
				activities		Support
				(see note		costs (see
				6)f		note 7) f	Totals
Grant making			1,156,112			24,732	1,180,844
GRANTS PAYABLE
							Period
							9.4.20
						Year Ended	to
						31.12.21 f	31.12.20 f
Grant making						1,156,112	952,889
						2021 f	2020
Blue Apple Theatre						15,000	15,000
Bumblebee Conservation		Trust				20,000	20,000
Cambridge Community		Services	NHS Trust				5,000
Charlie Wailer Memorial		Trust				20,000	20,000
CHASE Africa						20,000	20,000
Firefly International						30,000	30,000
Game Rangers	International					14,663	15,453
The Green Gecko Project Lilongwe Wildlife Trust						14,663	9,096 15,453
University of Bristol - Perivoli Africa Research Centre						50,000	750,000
University of Bristol - Research			ofa PHD student			67,000
Perivoli Okonjima Country School							7,887
Perivoli Climate	Trust (formerly		known as Perivoli Grasslands	Trust)		9,522
Cohere (formerly	known	as Xavier Project)				35,000	30,000
Perivoli Schools	Trust Malawi					435,871
Perivoli Schools	Trust Namibia					248,840
Perivoli Schools	Trust Uganda					14,169
Perivoli Schools	Trust Zambia					89,856
Vanessa Grant Girls School						15,000
Perivoli Schools	Trust overheads					56,528
						1,156,112	937,889
Grants to individuals							15,000
						1,156,112	952,889

SUPPOR	T COSTS
				Governance
				costs
Grant making				24,732
			2021	2020
Auditors' remuneration Bank charges			6,930 1,442	4,950 454
Unrealised Forex gain Accountancy and legal		fees	(25,412) 32,742	(1,727) 38,140
IT Costs			9,030
			24,732	41,817
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated after charging/(crediting):
				Period
				9.4.20
			Year Ended	to
			31.12.21	31.12.20
			F
Auditors'	remuneration		6,930	4,950

COMPARATIVES FOR THE ST	ATEMENT OF FINANCIAL ACT	IVITIES
		Unrestricted
		fund
INCOME AND ENDOWMENTS	FROM
Donations and legacies		482,599
EXPENDITURE ON
Charitable activities
Grant making		994,706
NET INCOME/(EXPENDITURE)		(512,107)

FIXEDASSET INVESTMENTS
	Listed
	investments
MARKET VALUE
Additions	7,903,262
Disposals	(255,357)
Unrealised gains/(losses) Realised gains/(losses)	785,077 ~45,932)
At 31 December 2021	8,387,050
NET BOOK VALUE
At 31 December 2021	8,387,050
At 31 December 2020

	2021	2020
Trade creditors		17,628
Grants payable	250,000	250,000
Accrued expenses	11,581	11,095
	261,581	278,723

CREDI	TORS: AMOUNTS FALLING DUE AF	TER MORE THAN ONE YEAR
		2021	2020
			E
Grants	payable		250,000

MOVEM	ENT	IN FUNDS
				Net
				movement	At
			At 1.1.21	in funds	31.12.21
			E	E
Unrestricted		funds
General	fund		(512,107)	10,520,267	10,008,160
TOTAL	FUNDS		~512,107)	10,520,267	10,005,160

Net movement	in funds, included	in the above are as follo	ws:
		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		E		F	F
Unrestricted	funds
General fund		10,970,812	(1,189,690)	739,145	10,520,267
TOTAL FUNDS		10,970,812	(1,189,690)	739,145	10,520,267

Compar	atives	for movement in funds
			Net
			movement	At
			in funds	31.12.20
Unrestricted		funds
General	fund		(512,107)	(512,107)
TOTAL	FUNDS		(512,107)	~512,107)

Compara	tive	net movement in funds, inc	luded in the above are as follows	:
			Incoming	Resources	Movement
			resources	expended	in funds
			F	F
Unrestricted		funds
General	fund		482,599	(994,706)	(512,107)
TOTAL	FUNDS		462,599	~994,706)	~512,1D7)

				Period
				9.4.20
			Year Ended	to
			31.12.21	31.12.20
				E
INCOME AND ENDOWMENTS
Donations and legacies
Gifted investments			7,651,583
Donations			3,261,485	482,599
			10,913,068	482,599
Investment income
Dividends received			57,744
Total incoming resources			10,970,812	482,599
EXPENDITURE
Investment related costs
Investment custodian fee			8,846
Charitable activities
Grants to institutions			1,156,112	937,889
Grants to individuals				15,000
			1,156,112	952,889
Support costs
Governance costs
Auditors' remuneration			6,930	4,950
Bank Charges			1,442	454
Unrealised Forex gain Accountancy and legal	fees		(25,412) 32,742	(1,727) 38,140
IT Costs			9,030
			24,732	41,817
Total resources expended			1,189,690	994,706
Net income/(expenditure) and losses		before gains	9,781,122	(512,107)
Realised and unrealised Unrealised gains		gains and losses	785,077
Realised gains/(losses) investments	on	fixed asset	~45,932)
Net income/(expenditure)			10,520,257	~512.107)