2022-04-05-accounts - The Van Neste Foundation

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			Page
Reference and Administrative		Details ofthe Charity, its Trustees and Advisers
Trustees' Report			2-4
Independent Auditors'	Report	on the Financial Statements	5-8
Statement of Financial	Activities
Balance Sheet			10
Statement ofCash Flows
Notes to the Financial	Statements		12-21

Trustees		B M Appleby	B M Appleby	B M Appleby
		L Appleby
		TAppleby
		M Delaney
		J Dickens
		J FJ Lyons
		J M Lyons
Charity registered
number		201951
Principal office		15Alexandra			Road
		Clifton
		Bristol
		BS82DD
Independent	auditors	Bishop Fleming				LLP
		Chartered		Accountants
		Statutory	Auditors
		10Temple		Back
		Bristol
		BS16FL
Bankers		Cater Allen
		9 Nelson Street
		Bradford
		BD1 5AN
Investment	Advisors	Rathbone		Greenbank
		10Queen		Square
		Bristol
		BS14NT

				Unrestricted	Total	Total
				funds	funds	funds
			Note	2022f	2022 F	2021 E
Income from:
Investments				233,650	233,650	216,022
Total income				233,650	233,650	216,022
Expenditure on:
Raising funds				51,184	51,184	45,359
Charitable activities				363,227	363,227	274,164
Total expenditure				414,411	414,411	319,523
Net expenditure	before net gains on investments			(180,761)	(180,761)	(103,501)
Net gains on investments				597,422	597,422	2,362,781
Net movement in funds				416,661	416,661	2,259,280
Reconciliation offunds:
Total funds brought		forward		10,359,872	10,359,872	8,100,592
Net movement in	funds			416,661	416,661	2,259,280
Total funds carried		forward		10,776,533	10,776,533	10,359,872

						2022	2021
					Note		E
Cash flows from operating activities
Net cash	used in operating	activities			15	(139,892)	(147,854)
Cash flows from investing		activities
Proceeds	from sale of investments					1,799,779	1,637,342
Purchase	and equalisation	of investments				(1,523,195)	(1,830,429)
Net cash	provided by/(used in) investing			activities		276,584	(193,087)
Change	in cash and cash	equivalents	in	the year		136,692	(340,941)
Cash and	cash equivalents	at the beginning		ofthe year		454,063	795,004
Cash and cash equivalents		at the end	of	the year	16	590,755	454,063
The notes on pages 12to 21 form part of			these financial statements

								Unrestricted	Unrestricted	Unrestricted	Unrestricted		Total	Total
										funds			funds	funds
										2022			2022	2021
													f.
Income from listed	investments									233,582			233,582	215,608
Interest receivable											68		68	414
										233,650			233,650	216,022
GRANTS PAYABLE
All grants payable	are made to	institutions.
RECIPIENTS
SOCIAL CHANGE
become		national	campaign			supporting				young carers				5,000
Regal Theatre Minehead		Community			Theatre and			education						10,000
Wimbledon Village	Hall	upgrade	of		village community					hall				7,500
Women's Aid Federation		support for			abused	young women								10,000
Life Education Wessex		Prevention		of substance				misuse in			Dorset			3,000
Trinity Community	Arts	Development			of community				garden		Easton	Bristol		8,200
		Providing		specialist		housing				advice	to people		in
CHAS		Bristol												22,500
Dogs for Autism		Dogs for Autism												2,500
		Developing			knowledge		and understanding					of	wildlife
Avon Wildlife Trust		and nature												10,000
		Total												78 700

Bath Area Play Project	Bath Area Play Project	provide a community playground for kids during holidays	provide a community playground for kids during holidays	provide a community playground for kids during holidays	provide a community playground for kids during holidays		the school	8,000
Eastside		Providing play facilities for kids in Bristol						5,000
Friends of Hanover	School	Providing summer camp for inner city kids						4,000
South Bristol Consortium		mentoring kids in year 9						10,000
Universal Church		working with young BME youths						5,000
Wonder Foundation		Support of young women on the ivory coast						5,000
Mendip Schools PTA		Provision of facilities for after school activities						1,680
Southway Playcare		Provision of playcare facility for young kids	in		Plymouth			2,000
Bristol Hub		Helping students interact with children in Bristol						3,295
Bristol Ensemble		introducing classical music to deprived kids	in	Bristol				10,000
Cirencester Housing		accommodation for vulnerable young people						5,000
Climate Charge All	Change	Environmental education for children						15,000
Lifecycle		Bike activity sessions for children in Bristol						8,000
Prisons Education	Trust	Education for people held in young offenders		institutions				10,000
Youth Adventure Trust		Adventure camps for Young people from west		country				5,000
Community of Purpose		Transforming futures for young people in Bristol						5,000
Aspiration Creation CIC	Elevation	Music and Media training for disadvantaged in Bristol	young				people	10,000
Charnwood 20:20		Working with teenage girls from ethnic background west midlands					in the	5,000
Cullompton Family	Centre	Club to support young mums and toddlers						2,000
Digilocal CIO		Tech clubs for young people in Bristol						8,000
Empire Fighting Chance		Boxing club for young people in Bristol						5,000
In2scienceUK. org		Helping disadvantaged young people to get into			science			7,250
Life and Soul Youth	Work	Supporting children in schools with counselling therapy			and play			2,500
The Door Youth Project		Youth work in Stroud area						5,000
Youth Moves		Youth clubs for teenagers in Bristol						7,000
Warsash Sea Scouts Group		Refurbishment of scout HQ						5,000
Gympanzees		providing accessible leisure facilities for disabled				children		10,000
Mazi		providing meals and rrealboxes to young people				in	Bristol	7,000
		Total						175725

RECIPIENTS
DEVELOPING WORLD
deki				raising microloans for African entrepreneurs					10,000
stay at school				school charity Nepal					3,000
Young Bristol				Providing youth clubs in deprived	parts	of	Bristol		3,000
Friends of Bethlehem				supporting young people in Palestine					7,500
Nicodemus				Working with Street children in Nicaragua					5,000
Friends of Marazion				Building a school in Nicaragua					8,000
Evergreen				Women's Health in Uganda					5,450
Evergreen				Women's Health in Uganda					50
African Children's		Trust		Working to help school age kids	in Africa				5,000
Thirst				Helping workers on tea plantations					5,000
Transforming	Burkina Fasa			Supporting school and school Children Fasa		in	Burkina		5,000
Temwa				Building sustainable farming communities			in	Africa	8,000
Bristol Palestinian		Film Festival		Developing Cultural understanding	of Palestine				7,000
Phase Worldwide				Maternal health in west Nepal					5,000
Porridge and	Pens	Ghana		supporting school kids in Africa					5,000
Team Kenya				Supporting school girls in west Nepal					5,000
Latin American	Foundation		for the
Future				Working to support vulnerable communities				in Peru	5,000
				Total					02 000
				Grand total					346426

	Grant
	funding of	Support	Total	Total
	activities	costs	funds	funds
	2022	2022	2022	2021
		E	f.	E
Grants and support costs	346,425	16,802	363,227	274,164
ANALYSIS OF SUPPORT COSTS

			Total	Total
			funds	funds
			2022	2021
Trustees'	fees		10,150	9,425
Auditors'	remuneration		2,975	2,700
Auditors'	non audit	costs	2,653	3,060
Trustees	expenses	reimbursed	1,024	249
Sundries				(97)
			16,802	15,337

	Listed
	investments
COST OR VALUATION
At 6 April 2021	9,959,641
Additions	1,523,185
Disposals	(1,640,847)
Revaluations	438,490
AT 5APRIL 2022	10,280,469
NET BOOK VALUE
AT 5APRIL 2022	10„280,469
AT 5APRIL 2021	9,959,641

	2022	2021
DUE WITHIN ONE YEAR
Accrued income	1,068
	1,068

CREDITORS: ANIOUNTS FALLING DUE WITHIN ONE YEAR
	2022	2021
Accruals and deferred income	28,759	18,832
Grants accrued - institutional	59,500	35,000
	88,259	53,832

						2022f	2021
	Accrued grants		payable to	institutions		7,500
13.	FINANCIAL	INSTRUMENTS
						2022	2021
	FINANCIAL	ASSETS
	Financial assets		measured	at fair value through	income and expenditure	10,280,469	9,959,641

STATEME	NT	OF	FUNDS - CUR	RE	NT YEAR
			Balance at 6					Transfers		Gains/	Balance at 5
			April 2021		Income f	Expenditure f		in/outf		(Losses) f	April 2022 f
UNRESTRICTED
FUNDS
Designated	funds		9,988,537					(268,444)		597,422	10,317,515
General funds			371,335		233,650	(414,411)		268,444			459,01&
			10,359,872		233,650	(414,411)				597,422	10,776,533
Designated	funds		are unrestricted		funds set	aside at the		discretion of	the	Trustees	for making
investments, is represented		in order to generate by investments of		investment income that can f10,280,469 and investment			be used to make cash off37,046.		grants. Designated funds
STATEMENT		OF	FUNDS -PRIOR		YEAR
			Balance at					Transfers		Gains/	Balance at
			6 April 2020f		Income f	Expenditure f		in/outf		(Losses) f	5 April 2021 f
UNRESTRICTED
FUNDS
Designated	funds		7,670,694					(44,938)	2,362,781		9,988,537
General funds			429,898		216,022	(319,523)		44,938			371,335
			8,100,592		216,022	(319,523)			2,362,781		10,359,872

		2022f	2021f
Net income for the year (as per Statement	of Financial Activities)	416,661	2,259,280
ADJUSTMENTS FOR:
(Gains)/losses on investments		(597,412)	(2,362,781)
Decrease/(increase) in debtors		(1,068)
Increase/(decrease) in creditors		41,927	(44,353)
NET CASH USED IN OPERATING ACTIVITIES		(139,892)	(147,854)

16.	ANALYSIS OF CASH AND	CASH EQUIVALENTS
			2022f	2021
	Cash in hand		590,755	454,063
	TOTAL CASH AND CASH	EQUIVALENTS	590,755	454,063
17.	ANALYSIS OF CHANGES	IN NET DEBT

At 6April		At 5April
2021 f	Cash flows f	2022f
454,063	136,692	590,755