2023-01-31-accounts

Trustees		Mr Jeremy Michael Sacher
		Hon Mrs Rosalind Eleanor Cameron Sacher
		Mrs Elisabeth Jane Sacher
Charity number		206321
Registered	offlce	62 Harts Grove,
		Woodford
		London
		IGBOBN
Accountant		Ragini Majithia
		62 Harts Grove,
		Woodford
		London
		IGB OBN
Bankers		HSBC Bank Pic
		90Baker Street
		London
		W1U 6AX
Investment	advisors	JM Finn
		4Coleman Street
		London
		EC2R STA
		Rothschild lk Co
		StJulian's Court
		St Julian's Avenue
		StPeter Port
		Guernsey
		Gyi 3BP

Trustees' report	Trustees' report
Statement of	trustees'	responsibilities
Independent	examiner's	report
Statement of	financial activities
Balance sheet
Notes to the financial statements

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2023	2023	2023	2022	2022	2022
		Notes	6	6		6	6	6
Donations and	legacies			2,500	2,500		2,500	2,500
investments			42,665		42,665	45,994		45,994
Total income			42,665	2,500	45,165	45,994	2,500	48,494
Raising funds		9	23,754		23,754	27,767		27,767
Charitable activities		6	301,046	2,500	303,546	338,575	2,500	341,075
Total resources expended			324,800	2,500	327,300	366,342	2,500	368,842
Net gains/(lasses) on
investments		11	(463,914)		(463,914)	228,950		228,950
Net outgoing resources			(746,049)		(746,049)	(91,398)		(91,398)
Other recognised gains and		losses
Other gains or	losses	12				1,433		1,433
Net movement	in funds		(746,049)		(746,049)	(92,831)		(92,831)
Fund balances	at 1February
2022			7,381,014		7,381,014	7,473,845		7,473,845
Fund balances	at31
January 2023			6.634,965		6,634,965	7,381,014		7,381,014

			Restricted	Restricted
			funds	funds
			2023	2022
			g	5
Donations	and	gifts	2,500	2,500

4	Investments
		Unrestricted	Unrestricted
		funds	funds
		2023	2022
		E	E
	Interest and dividends	42,660	45,994
	Interest receivable	5
		42,665	45,994

5	Raising funds	Raising funds
			Unrestdicted	Unrestricted
			funds	funds
			2023	2022
			E
	Investment	management	23,754	27,767
			23,754	27,767

				Support mst	Governance	Total	Support cost	Gavernance	Total
					mst			cast
				2023	2023	2023	2022	2022	2022
				E	E	E	E	E	E
Grant funding ofactivities (see
nate 7)				299,300		299,300	337,005		337,005
Share of	governance		casts (see
note 8)					4,246	4,246		4,070	4,070
				299,300	4,246	303,546	337,005	4,070	341,075
Analysis	by fund
Unrestricted		funds	—general	296,800	4,246	301,046	334,505	4,070	338,575
Restricted funds				2,500		2,500	2,500		2,500
				299,300	4,246	303,546	337,005	4,070	341,075

			Support cost	Support cost
			2023	2022
			E	E
Grants	to institutions:
Grants	payable	in	299,300	337,009
year
			299,300	337,005

Support cost	s
			Governance		Governance	2022
			costs		costs
Accountancy	fees		4,107	4,107	2,860	2,860
Bank charges			139	139	10	10
Independent	examiner's	fee			1,200	1,200
			4,246	4,246	4,070	4,070
Analysed between
Charitable activities			4,246	4,246	4,070	4,070

			Unrestricted	Unrestricted
			funds	funds
			general	general
			2023	2022
			E
	Revaluation	ofinvestments	(474,096)	171,443
	Gain/(loss)	on sale of investments	10,182	57,507
			463,914
12	Other gains	or losses
			2023	2022
			E	E
	foreign exchange (losses)/gains			(1,433)

			Usted	Cash ln portfogo	total
			investments
			6
	Cost orvaluation
	At 1Feb rua ry 2022		7,118,933	8,801	7,127,734
	Additions		18,157	(18,157)
	valuation changes		(474,096)		474,096
	Cash withdrawn			(100,000)	(100,000)
	Dividend income			42,660	42,600
	Investment manager	fees		(23,754)	(23,754)
	Gain on sale ofinvestments		10,182		10,182
	Disposals		(180,000)	180,000
	At31January 2023		6,493,175	89,550	7,127,734
	Carrying amount
	At31January 2023		6I493,175	89,550	6,582,725
	At 31January 2022		7,118,933	89,55D	7,127,734
14	Debtors
				2023	2022
	Amounts falling due within one year:			6
	Other debtors
15	Creditors: amounts	faglng due within one year
				2023	2022
				6	6
	Accruals			3,847	3,875
16	Related party transactions