2020-12-31-accounts

			Page
Reference and administrative		details ofthe charity, its Trustees and advisers
Trustees' report			2-4
Independent auditor's	report	on the financial statements	5-8
Statement offinancial	activities
Balance sheet			10
Notes to the financial	statements		11-19

for the ye	ar ended 31	December 2020	December 2020	,
Trustees		DrJA Scott, Chairman		(until	November 2019)
		Professor SPalmer
		Professor JJones, Chairman			(from November 2019)
		Mr S Prendiville
		Professor J Durell
		Professor A Augousti
		Mrs KGoldstone
Charity registered
number		209746
Principal	office	37Caledonian Road
		London
		N1 9BU
Independentauditor		Kreston Reeves LLP
		Chartered Accountants
		Montague Place
		Quayside
		Chatham Maritime
		Chatham
		Kent
		ME4 4QU
Bankers		Barclays Bank PLC
		Maidstone 2
		Leicester
		LE872BB
Investment	managers	Savills Investment 33Margaret Street	Management		(UK) Limited
		London
		W1G OJD
		Vanguard Investments		UK Limited
		PQ Box10315
		Chelmsford
		CM99 2AT

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Note	2020f	2020f	2020f	2019f
Income from:
Donations and legacies			11,570		11,570	103,114
Investments			30,934		30,934	45,523
Total income			42,504		42,504	148,637
Expenditure on:
Charitable activities			54,146		54,146	76,585
Total expenditure			54,146		54,146	76,585
Net (expenditure)/income	before net
gains on investments			(11,642)		(11,642)	72,052
Net gains on investments			109,557		109,557	91,599
Net income			97,915		97,915	163,651
Transfers between funds		12	(1,300)	1,300
Net movement in funds			96,615	1,300	97,915	163,651
Reconciliation offunds:
Total funds brought forward			1,622,558	100,000	1,722,558	1,558,907
Net movement in funds			96,615	1,300	97,915	163,651
Total funds carried forward			1,719,173	101,300	1,820,473	1,722,558

				2020		2019
		Note		6
Fixed assets
Investments				1,690,372		1,580,815
				1,690,372		1,580,815
Current assets
Debtors: amounts	falling due after more than
one year		10	18,500
Debtors: amounts	falling due within one year	10			4,145
Cash at bank and	in hand		115,801		141,797
			134,301		145,943
Creditors: amounts	falling due within one
year		11	(4,200)		(4,200)
Net current assets				130,101		141,743
Total net assets				1,820,473		1,722,558
Charity funds
Restricted funds		12		101,300		100,000
Unrestricted funds		12		1,719,173		1,622,558
Total funds				1,820,473		1,722,558

	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	2020 9	2020 0	2020f	2019 5
Donations	11,570		11,570	3,114
Legacies				100,000
	11,570		11,570	103,114
Total 2019	3,114	100,000	103,114

	Unrestricted	Total	Total
	funds	funds	funds
	2020 5	2020	2019f
Income from listed investments	30,934	30,934	45,523
Total 2019	45,523	45,523

	Grants to	Total	Total
	Individuals	funds	funds
	2020	2020	2019
			6
Grants to individuals	39,801	39,801	55,963
Total 2019	55,963	55,963

	Grant
	funding of	Support	Total	Total
	activities	costs	funds	funds
	2020	2020	2020	2019
	6	6
Support costs		14,345	14,345	20,622
Grants	39,801		39,801	55,963
	39,801	14,345	54,146	76,585
Total 2019	55,963	20,622	76,585

						Total	Total
					Activities	funds	funds
					2020	2020	2019
						6	6
Legal and	professional		fees		35	35	3,029
Trustees'	and	officers'	expenses		171	171	2,043
Bank charges					78	78	137
Management		and administration		costs	9,861	9,861	11,213
Auditors'	remuneration				4,200	4,200	4,200
					14,345	14,345	20,622
Total 2019					20,622	20,622

	Listed
	investments
	6
Cost or valuation
At 1 January 2020	1,580,815
Revaluations	109,557
At 31 December 2020	1,690,372
Net book value
At 31 December 2020	1,690,372
At 31 December 2019	1,580,815

		2020	2019
		6	F
Due after more than one year
Interest free	loans	18,500
		2020	2019
Due within	one year
Prepayments	and accrued income		4,146

2020	2019
E
4,200	4,200

						Balance at
	Balance at 1					31
	January			Transfers	Gainsl	December
	2020 6	Income 8	Expenditure	in/out	(Losses)	2020 6
Unrestricted
funds
General Fund	1,564,278	42,504	(54,146)	16,165		1,568,801
Investment
Revaluation
Reserve	58,280			(17,465)	109,557	150,372
	1,622,558	42,504	(54,146)	(1,300)	109,557	1,719,173
Restricted
funds
Roland Dobbs
Bursary Fund	100,000			1,300		101,300
Total offunds	1,722,558	42,504	(54,146)		109,557	1,820,473

Statement offun	ds - prior year
						Balance at
	Balance at					31
	1 January			Transfers	Gains/	December
	2019	Income	Expenditure	in/out	(Losses)	2019
		6	6	6
Unrestricted
funds
General Fund	1,493,333	48,637	(76,585)	98,893		1,564,278
Investment
Revaluation
Reserve	65,574			(98,893)	91,599	58,280
	1,558,907	48,637	(76,585)		91,599	1,622,558
Restricted
funds
Roland Dobbs
Bursary Fund		100,000				100,000
Total offunds	1,558,907	148,637	(76,585)		91,599	1,722,558

Summary offun	ds - current year
						Balance at
	Balance at 1					31
	January			Transfers	Gains/	December
	2020 6	Income 8	Expenditure 6	in/out K	(Losses) 8	2020 6
General funds	1,622,558	42,504	(54,146)	(1,300)	109,557	1,719,173
Restricted funds	100,000			1,300		101,300
	1,722,558	42,504	(54,146)		109,557	1,820,473
Summary offunds -prior year
						Balance at
	Balance at					31
	1 January			Transfers	Gains/	December
	2019	Income	Expenditure 6	in/out 8	(Losses)	2019f
General funds	1,558,907	48,637	(76,585)		91,599	1,622,558
Restricted funds		100,000				100,000
	1,558,907	148,637	(76,585)		91,599	1,722,558

Analysis ofnet assets between funds - current	period
	Unrestricted	Restricted	Total
	funds	funds	funds
	2020	2020	2020
	6	8	5
Fixed asset investments	1,690,372		1,690,372
Debtors due after more than one year	18,500		18,500
Current assets	14,501	101,300	115,801
Creditors due within one year	(4,200)		(4,200)
Total	1,719,173	101,300	1,820,473

	Unrestricted	Restricted	Total
	funds	funds	funds
	2019	2019	2019
		6	6
Fixed asset investments	1,480,815	100,000	1,580,815
Current assets	145,943		145,943
Creditors due within one year	(4,200)		(4,200)
Total	1,622,558	100,000	1,722,558