2021-12-31-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

Trustees		Professor	A Augusti	A Augusti
		Professor	J Durell
		Mr B Fulion (appointed			22 April 2021)
		Mrs K Goldstone
		Professor	J Jones,	Chairman
		Professor	SPalmer
		Mr SPrendiville
Charity registered
number		209746
Principal office		37Caledonian Road
		London
		N1 9BU
Independent	auditor	Kresion 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		Management		(UK) Limited
		33Margaret Street
		London
		W1G OJD
		Vanguard	Investments		UK Limited
		PO Box10315
		Chelmsford
		CM99 2AT

				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
				2021	2021	2021	2020
			Note	6	8	8	E
Income from:
Donations and legacies				7,445		7,445	11,570
Investments				37,226		37,226	30,934
Total income				44,671		44,671	42,504
Expenditure on:
Charitable activities				45,619		45,619	54,146
Total expenditure				45,619		45,619	54,146
Net expenditure	before net gains on
investments				(948)		(948)	(11,642)
Net gains on investments				301,859		301,859	109,557
Net income				300,911		300,911	97,915
Transfers between		funds	12	(1,317)	1,317
Net movement in		funds		299,594	1,317	300,911	97,915
Reconciliation of		funds:
Total funds brought		forward		1,719,173	101,300	1,820,473	1,722,558
Net movement in	funds			299,594	1,317	300,911	97,915
Total funds carried forward				2,018,767	102,617	2,121,384	1,820,473

	Unrestricted	Total	Total
	funds	funds	funds
	2021	2021	2020
		6
Donations	7,445	7,445	11,570
Total 2020	11,570	11,570

	Unrestricted	Total	Total
	funds	funds	funds
	2021 6	2021f	2020f
Income from listed investments	37,228	37,226	30,934
Total 2020	30,934	30,934
Analysis ofgrants
	Grants to	Total	Total
	Individuals	funds	funds
	2021	2021	2020
	6	6	E
Grants to individuals	31,411	31,411	39,801
Total 2020	39,801	39,801

	Grant
	funding of	Support	Total	Total
	activities	costs	funds	funds
	2021	2021	2021	2020
Support costs		14,208	14,208	14,345
Grants	31,411		31,411	39,801
	31,411	14,208	45,619	54,146
Total 2020	39,801	14,345	54,146

						Total	Total
					Activities	funds	funds
					2021	2021	2020f
Legal and	professional		fees		35	35	35
Trustees'	and	officers'	expenses		619	619	171
Bank charges					84	84	78
Management		and administration		costs	9,270	9,270	9,861
Auditors'	remuneration				4,200	4,200	4,200
					14,208	14,208	14,345
Total 2020					14,345	14,345

	Listed
	investments
Cost or valuation
At 1 January 2021	1,690,372
Revaluations	301,859
At 31 December 2021	1,992,231
Net book value
At 31 December 2021	1,992,231
At 31 December 2020	1,690,372

	2021	2020
	6	E
Due after more than one year
Interest free loans	22,400	18,500

		2021	2020
			E
Other creditors		1,000
Accruals and deferred	income	4,200	4,200
		5,200	4,200

						Balance at
	Balance at 1					31
	January			Transfers	Gainsi	December
	2021	Income	Expenditure	In/out	(Losses)	2021
	E	E		E	E	E
Unrestricted
funds
General Fund	1,568,801	44,671	(45,619)	(1,317)		1,566,536
Investment
Revaluation
Reserve	150,372				301,859	452,231
	1,719,173	44,671	(45,619)	(1,317)	301,859	2,018,767
Restricted
funds
Roland Dobbs
Bursary Fund	101,300			1,317		102,617
Total offunds	1,820,473	44,671	(45,619)		301,859	2,121,384

Statemen	t offun	ds - prior year
							Balance at
		Balance at					31
		1 January			Transfers	Gains/	December
		2020	Income	Expenditure	in/out	(Losses)	2020
			6	6	6		6
Unrestricted
funds
General	Fund	1,564,278	42,504	(54,146)	16,165		1,568,801
Investment
Revaluation
Reserve					(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 of	funds	1,722,558	42,504	(54,146)		109,557	1,820,473

Summary offun	ds - current year
						Balance at
	Balance at 1					31
	January			Transfers	Gains/	December
	2021	Income	Expenditure	in/out	(Losses)	2021
	6	6	6	6	6	6
General funds	1,719,173	44,671	(45,619)	(1,317)	301,859	2,018,767
Restricted funds	101,300			1,317		102,617
	1,820,473	44,671	(45,619)		301,859	2,121,384
Summary offunds - prior year
						Balance at
	Balance at					31
	1 January			Transfers	Gains/	December
	2020	Income	Expenditure	in/out	(Losses)	2020
	K	5		6	5	F
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

Analysis ofnet assets between funds - current	year
	Unrestricted	Restricted	Total
	funds	funds	funds
	2021	2021	2021
	6	6
Fixed asset investments	1,992,231		1,992,231
Debtors due after more than one year	22,400		22,400
Current assets	9,336	102,617	111,953
Creditors due within one year	(5,200)		(5,200)
Total	2,018,767	102,617	2,121,384

Analysis ofnet assets between funds - prior ye	ar
	Unrestricted	Restricted	Total
	funds	funds	funds
	2020	2020	2020f
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)
Tl	1,719,173	101,300	1,820,473