2022-06-30-accounts

				Page
Reference and administrative		details ofthe Foundation,	its Trustees and advisers
Trustees' report				2-7
Independent auditor's	report	on the financial statements		8-11
Statement offinancial	activities			12
Balance sheet				13
Notes to the financial	statements			14-21

fthe policy is	fthe policy is	outlined	below.	below.
Grant Makin		Polic	section		Summa
The fun din	riorities				As detailed in section 'a' above
Who can apply for a			grant		The Trustees will usually only award grants	to
					organisations that are either:
					~ registered as charities with the Charity
					Commission for England and Wales;
					~ other for purpose organisations based	in the UK;
					and
					~ registered as charities in Australia.
What type	of expenditure			can be funded	All grants awarded must be used to cover	costs that
					are directly connected to carrying out the charitable
					activities that the Trustees have agreed to	fund.
					The Trustees usually make grants ofbetween F5,000
					and E2000 000
How recipients		can apply		for a grant	All proposals must be submitted using the	online
					rocess, throu h the Foundation's website.
How the Foundation			makes decisions about grant		The Trustees have ultimate responsibility for all grant-
applications					making decisions. The policy outlines further specific
					details about decision makin considerations.
Reporting	requirements			and monitoring	The Trustees will take steps to monitor the	use ofthe
					grant and verify that the grant is used for the purposes
					that have been agreed. The arrangements	for
					monitoring will vary according to the nature	ofthe
					grant, but the Trustees will always seek to	ensure that
					the arran ements are a ro riate and ro	ortionate.

	Amount
MedGlobal inc	E1,000
United Kingdom for UNHCR	E10,000
Target Ovarian Cancer	E1,000
Bennelong Foundation Australia	E1,282,266
The Pedro Club	810,700"
ThinkForward UK	F10,000
Performance Plus Sport UK	F9,881
Jamal Edwards Delve	F10,000
Wild Young Parents Project	F8,200
Liskeard 8 Looe Foodbank	F11,200
Livewire Youth Music Project '	F10,600
Total —	F1,364,847

					Unrestricted	Total	Total
					funds	funds	funds
					Yearended	Yearended	Period ended
					30June	30June	30June
					2022	2022	2021
				Note	E	F	E
Income from:
Donations and	legacies						2,105,000
Investments					19,506	19,506
Total income					19,506	19,506	2,105,000
Expenditure on:
Charitable activities					1,377,431	1,377,431	63,169
Total expenditure					1,377,431	1,377,431	63,169
Net (expenditure)/income			before net losses on
investments					(1,357,925)	(1,357,925)	2,041,831
Net losses on	investments				(59,899)	(59,899)
Net movement	in funds				(1,417,824)	(1,417,824)	2,041,831
Reconciliation	offunds:
Total funds brought		forward			2,041,831	2,041,831
Net movement	in funds				(1,417,824)	(1,417,824)	2,041,831
Total funds carried		forward			624„007	624,007	2,041,831

			Note		2022f		2021f
Investments					352,613
					352,613
Current assets
Debtors			10	17,759
Cash at bank	and	in hand		275,112		2,049,631
				292,871		2,049,631
Creditors: amounts		falling due within one
year				(21,477)		(7,800)
Net current	assets				271,394		2,041,831
Total net assets					624,007		2,041,831
Charity funds
Restricted funds			12
Unrestricted	funds		12		624,007		2,041,831
Total funds					624,007		2,041,831

							Unrestricted	Total
							funds	funds
							Period ended	Period ended
							30June	30June
							2021	2021
Income	from	charitable	activities	-	Community	donations	2,105,000	2,105,000

				Unrestricted	Total	Total
				funds	funds	funds
				Yearended	Year ended	Period ended
				30 June	30June	30June
				2022	2022	2021
				E		F
Income	from	listed	investments	19,506	19,506

			Grant
			funding of	Support	Total
			activities	costs	funds
			Year ended	Yearended	Year ended
			30June	30June	30June
			2022	2022	2022
					E
Audit fees				5,460	5,460
Small grants				4,983	4,983
Subscriptions				103	103
Foreign exchange differences				(10,932)	(10,932)
Management	fees			394	394
Miscellaneous				36	36
Legal and professional		fees		12,540	12,540
Bennelong	Foundation	(Austrplia)	1,292,966		1,292,966
Small grants			12,000		12,000
Community	grants		59,881		59,881
			1,364,847	12,584	1,377,431

				Grant
				funding of	Support	Total
				activities	costs	funds
				Period ended	Period ended	Period ended
				30June	30June	30June
				2021	2021f	2021 F
Audit fees					4,200	4,200
ITSoftware	and Consumables				85	85
Lighthouse	Community		Centre	8,500		8,500
The Dracaena Centre				9,652		9,652
Performance	Plus Sport UK			9,881		9,881
Treyla				15,000		15,000
Devon and	Cornwall	Food Action Charity		10,000		10,000
Legal and professional			fees		5,214	5,214
Conference	fees				20	20
Subscriptions					117	117
Small grants				500		500
				53,533	9,636	63,169

Fees.	payable to	the	Foundation's	auditor	for	the	audit	of	the	Foundation's
annual	accounts

Year ended	Period ended
30June	30June
2022	2021
f	F
5,460	4,200

				Cash held
			Listed	for
			investments	investment	Total
	Cost or valuation
	Additions		396,247	16,264	412,511
	Revaluations		(59,898)		(59,898)
	At 30June 2022		336,349	16,264	352,613
	Net book value
	At 30June 2022		336,349	16,264	352,613
10.	Debtors
				2022	2021
					F
	Due within one year
	Other debtors			2
	Prepayments	and accrued income		17,757
				17,759

	2022	2021
	E	E
Trade creditors	4,983
Accruals and deferred income	16,494	7,800
	21,477	7,800

							Balance at
			Balance at 1			Gains/	30June
			July 2021	Income	Expenditure	(Losses)	2022
			E
Unresbicted		funds
General	Funds		2,041,831	19,506	(1,377,431)	(59,899)	624,007
Statement of		funds - prior year
							Balance at
							30June
					Income	Expenditure	2021
							F
Unrestricted		funds
General	Funds				2,105,000	(63,169)	2,041,831

Analysis	of net assets between funds - current ye	ar
		Unrestricted	Total
		funds	funds
		2022	2022
			E
Fixed asset investments		352,613	352,613
Current	assets	292,871	292,871
Creditors	due within one year	(21,477)	(21,477)
Total		624,007	624,007