2021-09-30-accounts

Trustees			hire L N Kaye	hire L N Kaye		(Appointed	30July 2020)
			Ms E MKaye			(Appointed	30July 2020)
			Ms LCTVan Der Heijden			(Appointed	3DJuly 2020)
			Mr BBaker			(Appointed	30July 2020)
			MrA Sternberg			(Appointed	3DJuly 2020)
Charity	number		1190648
Registered		offfoe	Stonehage	Fleming
			15Suffolk &rect
			London
			SW1Y4HG
Autgtor			Azets Audit	Services
			Aehcombe	Court
			Woolsack Way
			Godelming
			Surrey
			GUT 1LCt
Investment		managers	Stonehage	Fleming	Investment	Management
			1SSuffolk Street
			London
			SW1Y4HG

		Page
Trustees' report		1-3
Independent auditor's	report	4-7
Statement of finandal	actlvifies
Balance sheet
Statement ofcash flows		1D
Nates to the financial	statements	11 ~ 18

		Unrestrtcted
		funds
		2021
	Notes	6
Donalions and legades	3	9,322,600
Inveslrnenls	4	1,306
Other income	5	11,518
Total income		9,335,424
Ettgttgfl~ Charitable acgvfties	6	45,161
Net gains((losses) on investments	10	43,052
Net incoming resources		9,330,315
Other recognised gains and losses
Revaluation of tangible fixed assets	11	1,617,141
Net movement in funds		10,947,456
Fund balances at 30July 2020
Fund balsnoes et 30September 2021		10,947,456

							2821
Fixed assets
Tangible assets					12		8,907.265
Investments					13		1,887.687
							10,794,952
Current assets
Cash at bank and in	hand						163,904
Creditors: amounts	falling due within		one year		18		(11.400)
Net current assets							152,504
Total assets less current liabiliTies							10,947,456
Income funds
Mtggtdgtggj'gggg
General unrestricted	funds						9,330,315
Revaluation reserve							1,517,141
							10,947,456
							10,947.456
				20July 2022
The financiat statements		were approved	by the Trustees on .				44 5~
Mrs L N Kaye						Mr	ASternberg
Trustee						Trustee

					2021
					6
Cash Saws from operating		activities
Cash generated froml(absorbed by) operaiions				18		570.522
Investing	actlvlttea
Purchase	oftangible fixed assets				(694.265)
Purchase	oi investments				(1,966,827)
Praceeds	on disposal of investments				2.253.168
Investment	income received				1,306
Net cash	used in investing	actlvtdes				(406,6181
Net cash	used in financing	activities
Net increase in cash and cash equivalents						163,904
Cash and	cash equivalents	at beginning	ofperiod
Cash and	cash equivalents	at end oi	period			163,904

4	Investments
				Unrestricted
				funds
				2021
	Dividend income			1,277
	Interest receivable			29
				1,306
5	Other income
				Unrestricted
				funds
				2021f
	Other income			11,518
6	Charitable	actlvldes
				Advancement of
				music
				2921f
	Ivlusical instrument		repair costs	12,018
	Share ofsupport costs &see note 7&			29,243
	Share ofgovernance		costs (see note 7)	6,900
				48,161

Support	costs
				Support	Governance	2021
				costs	coals
				8	f	8
Insurance				12,754		12,754
Valuation	fees					600
Trust administration		fees		15.207		15,207
Irwestment	transaclion		fees	269		259
Bank charges				423		423
Audil fees					6,900	6,900
				29.243	6.900	36,143
Ana lysed	be(vain
Charitable	activilies			29.243	6.900	36,143

			Unrestricted
			funds
			2021
Unrealised	gains rm revaluation	offixed asset investments	60,938
Realised	loss on sale of investments		(17,886)
			43,052

12	Tangible fixed assets	Tangible fixed assets
			Musical	maire rrvvus
	Costor valuation
	Additions			7,290,124
	Revaluallon			1,617,141
	At 30September	2021		8,907,265
	Carrying amount
	At 30September	2021		8,907,265

Fixed ass	et inves	tments
			Listed
			investmeM
			6
Costor valuation
At 30July	2020
Additions			4,097,803
Vatuagon	changes		43,052
Disposale			(2,253.168)
At 30September		2021	1,687,687
Carrying	amount
At 30September		2021	1,887,687
			2621
			6
Invsstrnenls at fair value comprise:
Listed investments			1,667,687

14	Financial Instruments				2021f
	Carrying amount offinancial assets
	Instruments measured	at fair value through	pmfit orloss		1,997,597
15	Creditors: amounts	falling due within one year
					2021f
	Accruals and deferred	income			11,400
16	Analysis ofnet assets between funds
					Unrestricted
					funds
					2621
					6
	Fund balances at30September 2021 are		represented	by:
	Tangible assets				6,907,265
	Investments				1,997,697
	Current assets/(liabilities)				152,504
					10,947,456

18	Cash generated from operations				2921f
	Surplus forthe period				9,330,315
	Adjustments for.
	Investment income reoognised	in statement		offinancial acdvities	(t,306)
	Donated fixed assets				(6,595,859)
	Donated gxed asset investrnenls				(2, t30,976)
	Loss on disposal ofinveslrnsrm				17,886
	Fair value gains and losses on	investments			(60,938)
	Movements ln working capital:
	Increase in creditors				tt,rf00
	Cash generated froml(absorbed		by) operations		570,522
19	Analysis ofchanges in net funds/(debt)
	The charity had no debt during	the	year.