|||Page||
|---|---|---|---|
|Report ofthe Trustees||1 to|3|
|Independent<br>Examiner's|Report|||
|Statement of Financial Activities||||
|Balance Sheet||||
|Cash Flow Statement||||
|Notes to the Cash Flow|Statement|||
|Notes to the Financial Statements||9 to|12|





## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 



## 

## 

## 




## 

## 

## 

## 




## 

||||Unrestricted|
|---|---|---|---|
||||fund|
|||Notes|E|
|INCOME AND ENDOWMENTS|FROM|||
|Donations<br>and legacies|||2,521,700|
|Investment<br>income|||17,588|
|Total|||2,539,288|
|EXPENDITURE ON||||
|Raising funds|||10,139|
|Charitable<br>activities||||
|Grants paid in the year|||85,000|
|Other|||20,635|
|Total|||115,774|
|Net gains on investments|||5,589|
|NET INCOME|||2,429,103|
|TOTAL FUNDS CARRIED FORWARD|||2,429,103|





||THE PHIL|IP L CONNIE PHILLIPS FOUNDATION||
|---|---|---|---|
|||Balance Sheet||
|||31st March 2021||
||||Unrestricte|
||||fund|
|||Notes|E|
|FIXEDASSETS||||
|Investments|||2,015,993|
|CURRENT ASSETS||||
|Cash at bank|||420,425|
|CREDITORS||||
|Amounts<br>falling due within one year||10|(7,315)|
|NET CURRENT ASSETS|||413,110|
|TOTAL ASSETS LESSCURRENT LIABILITIES|||2,429,103|
|NET ASSETS|||2,429,103|
|FUNDS||||
|Unrestricted|funds||2,429,103|
|TOTAL FUNDS|||2,429,103|







## 

||||Notes||
|---|---|---|---|---|
|Cash flows from operating|activities||||
|Cash generated<br>from operations||||2,413,241|
|Net cash provided<br>by operating<br>activities||||2,413,241|
|Cash flows from investing|activities||||
|Purchase offixed asset investments||||(2,113,039)|
|Sale offixed asset investments||||102,635|
|Interest received||||191|
|Dividends<br>received||||17,397|
|Net cash (used in)/provided|by investing||activities|(1,992,816)|
|Change<br>in cash and cash equivalents||in the|||
|reporting<br>period||||420,425|
|Cash and cash equivalents|at the beginning||||
|ofthe reporting<br>period|||||
|Cash and cash equivalents|at the end|of|||
|the reporting<br>period||||420,425|





## 

## 

|Net income for the|reporting|period (as per the Statement of Financial||
|---|---|---|---|
|Activities)|||2,429,103|
|Adjustments<br>for:||||
|Interest received|||(191)|
|Dividends<br>received|||(17,397)|
|(Gains)/Losses<br>on investments|||(5,589)|
|Increase in creditors|||7,315|
|Net cash provided|by operations||2,413,241|



## 

||At 17.6.20|Cash flow|At 31.3.21|
|---|---|---|---|
||E|f|E|
|Net cash||||
|Cash at bank||420,425|420,425|
|||420,425|420,425|
|Total||420,425|420,425|





## 

## 

## 

## 

## 

## 

## 



||for the|for the|p|eriod 17th June 2020to 31st March 2021||
|---|---|---|---|---|---|
|2.|DONATIONS<br>AND LEGACIES|||||
||||||E|
||Legacies||||2,521,700|
|3.|INVESTMENT INCOME|||||
||||||E|
||Dividends<br>received||||17,397|
||Deposit account interest||||191|
||||||17,588|
|4.|RAISING FUNDS|||||
||Investment<br>management|costs||||
||||||E|
||Portfolio management||||10,139|
|5.|CHARITABLE ACTIVITIES COSTS|||||
||||||Grant|
||||||funding of|
||||||activities|
||||||(see note|
||||||6)|
||||||f|
||Grants paid<br>in the year||||85,000|
|6.|GRANTS PAYABLE|||||
||||||E|
||Grants paid in the year||||85,000|
||The total grants<br>paid to institutions|||during the period was as follows:||
||British Heart Foundation||||15,000|
||Bromley,<br>Lewisham<br>& Greenwich||Mind Ltd||15,000|
||Kent, Surrey &Sussex Air|Ambulance||Trust|15,000|
||The Royal National<br>Lifeboat Institution||||15,000|
||Cats Protection||||5,000|
||Prostate Cancer<br>UK||||10,000|
||Macmillan<br>Cancer Support||||10,000|
||||||85,000|





## 

## 

||||Information||Governance||
|---|---|---|---|---|---|---|
||||technology|Other|costs|Totals|
||||f|f|f|f|
|Other|resources|expended|9,225|1,825|9,585|20,635|



## 

## 

## 

## 

|FIXEDASSET INVESTMENTS||
|---|---|
||Listed|
||investments|
||f|
|MARKET VALUE||
|Additions<br>at cost|2,113,039|
|Disposals at carrying value|(100,485)|
|Net gain on revaluation|3,439|
|At 31st March 2021|2,015,993|
|NET BOOK VALUE||
|At 31st March 2021|2,015,993|
|Investments<br>comprise of:||
|Fixed interest securities|289,082|
|Equities|1,134,617|
|Alternatives|384,075|
|Cash|208,219|
||2,015,993|





## 

## 

## 

|MOVEMENT|IN FUNDS|||
|---|---|---|---|
|||Net||
|||movement|At|
|||in funds|31.3.21|
|||E|E|
|Unrestricted|funds|||
|General fund||2,429,103|2,429,103|
|TOTAL FUNDS||2,429,103|2,429,103|



|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|||f|E|E|E|
|Unrestricted|funds|||||
|General fund||2,539,288|(115,774)|5,589|2,429,103|
|TOTAL FUNDS||2,539,288|(115,774)|5,589|2,429,103|



## 

##