## 

## 

|Trustees|F Cole|
|---|---|
||TWalker|
||HJ Porter|
||WJ Forrester|
||**MW** Jones|
|**Honorary Secretary**|A Hollands|
|**Charity number**|1190231|
|**Registered office**|11 WhitecroftWay|
||Beckenharn|
||Kent|
||8R3 3AQ|
|**Auditor**|RSM UK Audit LLP|
||Chartered Accountants|
||STC House|
||7 Elmfield Road|
||Bromley|
||Kent|
||BR11LT|
|**Bankers**|Coutts & Co|
||440 Strand|
||London|
||WC2R0QS|
|**Solicitors**|Hunters|
||Alour<br>uiaro|





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## RSM UK Audit LLP 


## 16/11/22 



## 

|||Unrestricted|Endowment|Total|
|---|---|---|---|---|
|||funds|funds|2022|
||Notes|£|£|£|
|Incomefrom:|||||
|Investments|3|1,317,743||1,317,743|
|**Expenditure**on:|||||
|Charitableactivities|**4**|(1,494,223)||(1,494,223)|
|Netgain on investments||364,542|524,586|889,128|
|**Net movement** infunds||188,062|524,586|712,648|
|Totalfunds broughtforward at 1April2021||18,608,674|24,470,025|43,078,699|
|Totalfundscarriedforward at31 March2022||18,796,736|24,994,611|43,791,347|
|**2021**|||||
|||**Unrestricted**|**Endowment**|Total|
|||funds|funds|**2021**|
||**Notes**|£|£|£|
|Incomefrom:|||||
|Donationsand legacies|2|6,087,702|36,538,134|42,625,836|
|Investments|3|17,579,198||17,579,198|
|Total income**and endowments**||23,666,900|36,538,134|60,205,034|
|**Expenditure**on:|||||
|Charitableactivities|**4**|(11,340)||(11,340)|
|Net losses on investments||(5,046,886)|(12,068,109)|(17,114,995)|
|**Net movement In funds**||18,608,674|24,470,025|43,078,699|
|Totalfundsbroughtforwardat 2July 2020|||||
|**Total funds carried forward at 31 March 2021**||18,608,674|24,470,025|43,078,699|





## 

## 

## 

|||`2022`|`2022`|`2021`|`2021`|
|---|---|---|---|---|---|
||**Notes**|£|£|£|£|
|**Fixed assets**||||||
|Investments|7||42,508,770||**41,464,466**|
|Tangible assets|**9**||314|||
||||42,509,084||**41,464,466**|
|**Current assets**||||||
|Debtors|**`10`**|124,002||1,504,666||
|Cash atbankand in hand||1,169,949||120,907||
|||1,293,951||1,625,573||
|**Creditors: amounts falling due within one year**|11|**(11,688)**||(11,340)||
|Netcurrentassets|||1,282,263||1,614,233|
|**Total assets less current liabilities**|||43,791,347||43,078,699|
|**Capital funds**||||||
|Endowmentfund|**12**||24,994,611||24,470,025|
|**Income funds**||||||
|Unrestrictedfund|**`12`**||18,796,736||18,608,674|
|**Total funds**|**`12`**||43,791,347||43,078,699|






## 

## 

## 

|||**2022**|**2022**|**2021**||
|---|---|---|---|---|---|
||**Notes**|£|£|£|£|
|**Cash flows from operating activities**||||||
|cash generated (used in)/fromoperations|15||(113,105)||41,121,170|
|**Investing activities**||||||
|Purchase ofinvestments||(155,176)||(58,579,461)||
|Fixed assets||(419)||||
|Investmentincomereceived||1,317,742||17,579,198||
|**Net cash generated by/(used in) from investing**||||||
|**activities**|||1,162,147||(41,000,263)|
|**Net increase in cash and cash equivalents**|||1,049,042||120,907|
|cash and cash equivalents atbeginning ofperiod|||120,907|||
|**Cash and cash equivalents at end of period**|||1,169,949||120,907|





## 

## 

## 



## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 

||**Unrestricted**|**Endowment**|Total|
|---|---|---|---|
||**funds**|**funds**|**2021**|
||£|£|£|
|Donations|6,087,702|36,538,134|42,625,836|
|**Donations**||||
|Incomefromotherrelated parties|5,037,206||5,037,206|
|Donation - Films& Equipmentslimited|177,000||177,000|
|Donation - Donald ForresterTrust|745,196|7,018,507|7,763,703|
|Donation - Gwyneth ForresterTrust|128,300|29,519,627|29,647,927|
||6,087,702|36,538,134|42,625,836|





## 

## 

||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**`2022`**|**`2021`**|
||£|£|
|Incomefrom listed investments|1,144,971|120,675|
|Incomefrom unlistedinvestments||17,414,700|
|Otherincome|152,711|43,591|
|Interestreceivable|20,061|232|
||1,317,743|17,579,198|
|**Expenditure on charitable activities**|||
||**`2022`**|**`2021`**|
||£|£|
|Grants|1,379,266||
|Supportand governance costs|114,957|11,340|
||1,494,223|11,340|



||**2022**|**2021**|
|---|---|---|
|Grants|£|£|
|Disaster Relief|185,000||
|Term Funding|250,000||
|Theme oftheYear|600,966||
|Smaller Grants|343,300||
||1,379,266||
|Supportand Governance costs|||
|Employmentcosts|72,388||
|Auditorsremuneration|10,000|6,600|
|Website|13,778||
|Legal and Professionalfees|4,013||
|Subscriptions|1,881||
|Officecosts|12,897|4,740|
||114,957|11,340|





## 

|Staffdetails||**2022**|**`2021`**|
|---|---|---|---|
|Number ofstaff||2||
|||£|£|
|Salaries||67,660||
|Social security costs||6,904||
|Employment Allowance||**(4,000)**||
|Pension costs||**1,824**||
|||**72,388**||
|**Fixed asset investments**||||
||**Listed**|**Unlisted**|**Total**|
||**investments**|**investments**||
||£|£|£|
|**Cost****_or_ valuation**||||
|At 2 July 2020||||
|Additions|**41,486,543**|17,092,918|58,579,461|
|Valuation (loss)/gain|(27,564)|(17,087,431)|(17,114,995)|
|At 31 March 2021|41,458,979|**5,487**|**41,464,466**|
|Additions|155,176||155,176|
|Valuation gain/(loss)|**889,128**||**889,128**|
|At 31 March 2022|42,503,283|5,487|42,508,770|






## 

## 

|7|**Fixed asset investments (Continued)**|||
|---|---|---|---|
|||**2022**|**2021**|
|||£|£|
||Investments atfairvalue comprise:|||
||Fixed income|2,970,699|4,629,332|
||Equities|29,575,824|29,875,799|
||Property|2,366,907|1,006,472|
||Alternative investments|5,384,718|3,336,020|
||Liquid assets|2,205,135|2,611,356|
||Unlisted investments|5,487|5,487|
|||42,508,770|**41,464,466**|



## 

|**Name of**|**Registered**|**Nature of**|**Class of**|**% Held**|
|---|---|---|---|---|
|**undertaking**|office|**business**|**shares held**|**directly**|
|Films& Equipments Limited|`UK`|Non-trading|Ordinary|100.00|



|**Name of undertaking**|**Profit/Loss**|**Capital and Reserves**|
|---|---|---|
|||£|
|Films& Equipments Limited||5,487|





## 

## 

## 

## 

||||2022|
|---|---|---|---|
||||£|
||Cost|||
||As at01.04.21|||
||Additions||419|
||As at31.03.22||419|
||Depreciation|||
||As at01.04.21|||
||Chargefortheyear||105|
||As at31.03.22||105|
||Netbookvalue|||
||As at01.04.21|||
||As at31.03.22||314|
|**10**|**Debtors**|||
|||**2022**|**2021**|
||**Amounts falling due within one year:**|£|£|
||Amounts duefromsubsidiaryundertakings|86,747|96,019|
||Amounts duefromrelated undertakings||873,497|
||Otherdebtors||489,277|
||Prepayments and accrued income|37,255|45,873|
|||124,002|1,504,666|





## 

## 

## 

|||**2022**|**2021**|
|---|---|---|---|
|||£|£|
||Other tax and social security|1,622||
||Accruals and deferred income|10,066|11,340|
|||11,688|11,340|
|**12**|**Analysis of net assets between funds**|||



||**Unrestricted**|**Endowment**|**Total**|
|---|---|---|---|
||funds|**funds**||
||£|£|£|
|Fund balances at 31 March 2022 are represented by:||||
|Investments|17,514,159|24,994,611|42,508,770|
|Fixed Assets|314||314|
|Current assets/(liabilities)|1,282,263||1,282,263|
||18,796,736|24,994,611|43,791,347|
|Fund balances at 31 March 2021 are represented by:||||
|Investments|16,994,441|24,470,025|41,464,466|
|Current assets/(liabilities)|1,614,233||1,614,233|
||18,608,674|24,470,025|43,078,699|





## 


||||||**Movement in **|**funds**||
|---|---|---|---|---|---|---|---|
||||**Balance**|**Incoming**|**Resources**|**Revaluations**|**Balance**|
|||01 April 2021||**resources**|**expended**|**gains and losses**|**31March 2022**|
||||£|£|£|£|£|
|Endowment|funds||24,470,025|||524,586|24,994,611|
|Unrestricted|fund||18,608,674|1,317,743|(1,494,223)|364,542|18,796,736|
||||43,078,699|1,317,743|(1,494,223)|889,128|43,791,347|
||||||**Movement in **|**funds**||
|||||**Incoming**|**Resources**|**Revaluations**|**Balance**|
|||||**resources**|**expended**|**gains and losses**|**31 March 2021**|
|||||£|£|£|£|
|Endowment|funds|||36,538,134||(12,068,109)|24,470,025|
|Unrestricted|fund|||23,666,900|(11,340)|(5,046,886)|18,608,674|
|||||60,205,034|(11,340)|(17,114,995)|43,078,699|



## 

## 

||**2022**|2021|
|---|---|---|
||£|£|
|Surplus forthe period|712,648|43,078,699|
|Adjustments for:|||
|Investment income recognised in statement offinancial activities|(1,317,742)|(17,579,198)|
|Fairvalue (gains) and losses on investments|(889,128)|17,114,995|
|Depreciation|105||
|Movements in working capital:|||
|Decrease/(Increase) in debtors|1,380,664|(1,504,666)|
|Increase in creditors|348|11,340|
|Cash**generated**(used in)/fromoperations|(113,105)|41,121,170|





## 

## 

## 

## 

|**DISASTER RELIEF**||
|---|---|
|British Red Cross-UkraineCrisis Appeal|100,000|
|DEC-Afghanistan Crisis Appeal|25,000|
|DEC-CoronavirusAppeal|50,000|
|International Rescue Committee-Afghanistan CrisisAppeal|10,000|
||185,000|



||£|
|---|---|
|**TERM FUNDING**||
|Bowel Cancer UK|25,000|
|Cathedral Archer Project|25,000|
|CellarTrust|25,000|
|CherryTrees|10,000|
|Children and FamiliesAcross Borders|25,000|
|Deafblind UK|25,000|
|Future Frontiers|25,000|
|HOPE International DevelopmentAgency|15,000|
|Tempus **Novo**|25,000|
|Time andTalentsAssociation|25,000|
|World Bicycle ReliefUK|25,000|
||250,000|





## 

## 

## 

## 

||£|
|---|---|
|**THEME OF THE YEAR**||
|Eggcup|40,000|
|Emmeline's Pantry|28,000|
|FaithworksWessex|40,000|
|FEASTWith Us|22,241|
|Feedthe Minds|30,173|
|ForRefugees|40,000|
|GroundworkSouth|39,200|
|MustardTree|40,000|
|North Bristol Advice Centre|20,000|
|PracticalToolsInitiative|25,000|
|Providence Row|40,000|
|Re-Cycle|14,000|
|RenewableWorld|25,000|
|SOFEA|40,000|
|StCuthbert'sCentre|37,000|
|Trowbridge Future|10,352|
|Up 'N Away|20,000|
|Young and Inspired|40,000|
|YoungWomen'sTrust|30,000|
|ZS.V.Trust|20,000|
||600,966|



||£|
|---|---|
|**SMALLER GRANTS**||
|Acacia FamilySupport|5,000|
|Adoption UK Charity|5,000|
|Agents ofChange Ltd|10,000|
|Ashanti Development|5,000|
|AutismAngels Ltd|5,000|





## 

## 

## 

## 

|**SMALLER GRANTS (Continued)**||
|---|---|
|Bacie-UpTrust|5,000|
|Basingstoke and Alton CardiacRehabilitation Charity|5,000|
|Blooming BlossomsTrust|5,000|
|British Stammering Association|5,000|
|BritishTinnitusAssociation|5,000|
|Bromleyand CroydonWomen's Aid|5,000|
|Bryncynon Community Revival Strategy|5,000|
|Change Foundation|5,000|
|Changing Faces|5,000|
|Connect: North Korea|**5,000**|
|Church Pastoral Aid Society|5,000|
|CongoleseAssociation ofMerseyside|5,000|
|CrescentSupportGroup|5,000|
|Drama Expressions|5,000|
|Ella's Home|5,000|
|Harrogate and District CommunityAction|5,000|
|HeadwayDarlington and District|5,000|
|Headway EastLondon|5,000|
|HeartforAfrica|5,000|
|Housingthe HomelessCentral Fund|5,000|
|ICARE DayCentreTrustLtd|5,000|
|JustKidding|5,000|
|KivuliTrust|5,000|
|LatinAmerican Foundationforthe Future|2,500|
|Liverpool Cares|5,000|
|MacularSociety|**5,000**|
|**MAIN -**TakingAutism Personally|5,000|
|MarafikiTrust|5,000|
|MeseretForWomen|6,000|
|MobilityTrust|5,000|
|Muscular DystrophySupportCentre|5,000|
|MuscularDystrophyUK|5,000|






||£|
|---|---|
|**SMALLER GRANTS (Continued)**||
|National Axial Spondyloarthritis Society|5,000|
|National Back Pain Association|5,000|
|NormandyCommunityTherapyGarden|**5,000**|
|North Kensington LawCentre|5,000|
|Nudeo Project|5,000|
|OurSpecial Friends|**5,000**|
|PeerTalkCharitable Foundation|5,000|
|Pregnancy CrisisCare (Plymouth & SE Cornwall)|**5,000**|
|Prevent2 Protect|**5,000**|
|Prisoners' Advice Service|**5,000**|
|Providence Row|5,000|
|Reach Volunteering|5,000|
|Reading List Foundation|5,000|
|Re-engage|5,000|
|Richard House Children's Hospice|**5,000**|
|Royal OsteoporosisSociety|**5,000**|
|Separated Child Foundation|5,000|
|Shift.ms|**5,000**|
|Sixty-One|5,000|
|Springboard Opportunity Group|**5,000**|
|StKentigern Hospice|**5,000**|
|St.Michael's Hospice North Hampshire|**1,300**|
|Strongmen Charitable Incorporated Organisation|5,000|
|SunnyDays Children's Fund|**5,000**|
|TheirVoice|**5,000**|
|Turning Corners|**4,500**|
|Turning PointTrust|5,000|
|UniteCarersin Mid Devon|5,000|
|Wetherbyin Supportofthe Elderly|**4,000**|
|Youth PWRCharity|5,000|
|Zambia OrphansAid UK|5,000|
|Zarach|5,000|
||343,300|