Charity no: 210563
## **EVA RECKITT TRUST FUND**
## **REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 DECEMBER 2021**
## **EVA RECKITT TRUST FUND**
|**CONTENTS**||
|---|---|
||Page|
|Legal and Administrative Information|3|
|Trustees’ Annual Report|4 - 7|
|Independent Examiner’s Report|8|
|Statement of Financial Activities|9 - 10|
|Balance Sheet|11|
|Notes to the Financial Statements|12 -21|
|Appendix A, Details of the Larger Grants Made|22|
2
## **EVA RECKITT TRUST FUND**
## **Legal and Administrative Information**
The Trust was established under a declaration of Trust dated 16 May 1940
Charity Commission Registration number: 210563
The Trustees are appointed by the Trustees in accordance with Clause 19 of the Trust Deed dated 16 May 1940
|
dated 16 May 1940||
|---|---|
|Manager|David Birch|
|Principal Address|44 Hambidge Lane|
||Lechlade|
||Glos. GL7 3BL|
|Bankers|CAF Bank|
||25 Kings Hill Avenue|
||Kings Hill|
||West Malling|
||Kent ME19 4JQ|
|Investment Managers|CCLA|
||One Angel Lane|
||London EC4R 3AB|
|Independent Examiner|Godfrey Wilson Limited|
||5thFloor Mariner House|
||62 Prince Street|
||Bristol|
||BS1 4QD|
|Trustees|David Birch|
||Anna Bunney|
||Diana Holliday|
||Meg Whittaker|
3
## **EVA RECKITT TRUST FUND**
## **Trustees’ Annual Report**
The Trustees present their report together with financial statements for the year ended 31 December 2021.
The financial statements comply with the current statutory requirements, the Trust Deed, the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities (effective January 2019).
The financial statements have been prepared on a historic cost basis with the exception of investments which are valued at the date of the balance sheet.
## **Objects of the Charity**
The Eva Reckitt Trust Fund was established under a declaration of Trust dated 16[th] May 1940 with the following objects:
- a. The relief of poverty amongst persons who have been in the service of the family of the founder.
- b. The publication and distribution of books, papers or periodicals directed towards the extension and development of education amongst the poor and the general betterment of their conditions.
- c. The promotion and encouragement of research into problems affecting the poor and the conditions in which they live.
- d. The relief of poverty and distress amongst persons who suffer as a result of national, international or industrial unrest political or legal injustice tyranny oppression or persecution.
- e. The relief of poverty amongst persons who suffer hardship as a result of war.
- f. The support and encouragement of movements having as their object the betterment and welfare of the poor.
## **Trustees**
David Birch Anna Bunney Diana Holliday Meg Whittaker
Trustees are appointed by the surviving trustees upon the death or retirement of a trustee in accordance with Clause 19 of the 1940 Trust Deed as modified by the 1959 Deed of Variation. Each trustee may nominate a replacement trustee who then, if not already known to the other
4
trustees, attends several trustees’ meetings as an ex officio member, and then the trustees decide on whether to appoint the proposed person as a trustee.
## **Responsibilities of the Trustees**
The Trustees are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees are to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing those financial statements the Trustees are required to:
- Select suitable accounting policies and then apply them consistently;
- Observe the methods and principles in the applicable Charities SORP;
- Make judgements and accounting estimates that are reasonable and prudent;
- State whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; and
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
The Trustees are members of the Charity, but this entitles them only to voting rights. The Trustees have no beneficial interest in the charity. The Trustees are responsible for making grants from the Trust funds in conformity with the Trust’s objects given above.
## **Activities for the Public Benefit**
The Trustees have continued to make grants within the objects of the Charity as stated above. A list of the 41 grants made during 2021 is included on pages 18 and 19 and details of the 5 largest grants, which amount to 38% of the total grants given in 2021, are given in Appendix A.
The Objects of the Trust are given above. The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on Public Benefit when
5
reviewing the Trust’s aims and objectives and in planning future activities and setting the grant making policy for the year.
The Trustees meet, usually quarterly, to discuss and agree matters affecting the Trust including its investments, financial statements and agree to make grants within the objects stated above. The Trustees also try and meet with a few of the main organisations that the Trust is helping to finance each year.
Requests for grants from the Trust are received in three main ways:
- Unsolicited requests from other charities and individuals, largely arising from the Trust’s entry in the Charity Commissioner’s web site and the Directory of Grant Giving Trusts.
- The Trust has supported a number of charities for a considerable period of years and requests are received from these for further funds.
- The Trustees themselves each have particular interests and are proactive between meetings in contacting organisations and charities within their areas of interest to see whether the trust can help such organisations.
At each of the meetings of the Trustees requests are considered and a unanimous decision reached as to which to support and how much grant to give each organisation.
The Trustees have a policy of generally not providing funds directly to individuals. This is because the Trustees do not have the resources to check the bona fides of such cases or to monitor the use of such grants. The exception to this is where individuals are known to the Trustees or contacts of the Trustees and whose requests comply with one of the Trust’s objectives. The Trust does however support individual cases through other charities which are able to monitor the use of the funds.
## **Review of Financial Position**
The financial statements for the year ended 31 December 2021 show an increase of expenditure over income of £8,560. After allowing for realised and unrealised gains on investments of £135,728 funds have increased by £127,168 in the year.
## **Reserves Policy**
The Trust’s investments are unrestricted. The Trust’s investments are held in selected funds by CCLA Investment Management Limited (Registered in England No. 2183088). The funds are selected to achieve a balance between capital appreciation/depreciation and income. The Trustees as a grant making trust hold the reserves to provide income for grants and the withdrawal of capital to enable them to distribute an annual level of grants which provide for the sustainable continuation of the Trust and which is currently considered to be about £50k. CCLA investments are highly ethical, one of the key reasons that the Eva Reckitt Trust has chosen CCLA for its investments.
6
## **Risk Assessment**
The Trustees have reviewed the major risks to which the Trust is exposed and are satisfied that systems are in place to mitigate the exposure to these risks.
For many charities the COVID-19 pandemic has been a major issue. However, for us CCLA have continued to perform well, with our investments showing a significant increase in 2020 and maintaining their value in 2021 to end August and our income from investments continues to hold up to similar levels as last year. Moreover, since we only spend what we earn from our income and some sales of increasing capital above inflation, COVID-19 is not a risk to the Charity and we are well able to continue as a going concern.
## **Investments**
The Trust holds its investments in several Funds held by CCLA. CCLA are specialist investment managers for charities, faith organisations, and local authorities that provide a range of funds designed specifically for charities and which is owned entirely by its charity, faith and local authority clients and managed exclusively for their benefit. CCLA Investment Management Limited is authorised and regulated by the Financial Services Authority.
The Trustees have arranged for CCLA to transfer the income from the investments held by CCLA quarterly to the Trust’s current account for use in paying out as grants and expenses.
Approved by the Trustees on 17[th] October 2022 and signed on their behalf by
David Birch Manager and Trustee
7
## **THE EVA RECKITT TRUST FUND**
## **INDEPENDENT EXAMINER’S REPORT ON THE FINANCIAL STATEMENTS**
I report to the trustees on my examination of the accounts of the Eva Reckitt Trust Fund for the year ended 31 December 2021, as set out on pages 9 to 21.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent Examiner’s Statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## William Guy Blake
William Guy Blake ACA For and on behalf of: Godfrey Wilson Limited 5[th] Floor Mariner House Prince Street Bristol BS1 4QD
Date: 18[th] October 2022
8
## **EVA RECKITT TRUST FUND**
## **Statement of Financial Activities for the Year Ended 31 December 2021**
|Note
**Income from:**
Investments
Donations
**Total income**
**Expenditure on:**
Charitable activities
4
**Total expenditure**
**Net income/(expenditure) before**
**gains and losses**
**Net gains/(losses) on investment**
**assets:**
Realised
Unrealised
**Net income/(expenditure)**
Transfers between funds*
**Net movement in funds**
**Reconciliation of funds:**
Fund balances brought forward
**Fund balances carried forward**
7|2021
Unrestricted
Funds
2021
Restricted
Funds
2021
Total Funds
£
£
£
33,809
0
33,809
0
14,223
14,223|
|---|---|
||33,809
14,223
48,032|
||42,369
14,223
56,592|
||42,369
14,223
56,592|
||(8,560)
0
(8,560)
(299)
0
(299)
136,027
0
136,027|
||127,168
0
127,168
200
(200)
0|
||127,368
(200)
127,168
952,822
0
952,822|
||1,079,990
0
1,079,990|
All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in note 7 to the accounts.
* 2020 Accounts showed £200 in restricted funds carried forward, this has been transferred to unrestricted with the permission of the donor during 2021.
9
## **EVA RECKITT TRUST FUND**
## **Statement of Financial Activities for the Year Ended 31 December 2020 (Prior Period)**
|Note
**Income from:**
Investments
Donations
**Total income**
**Expenditure on:**
Charitable activities
4
**Total expenditure**
**Net income/(expenditure) before**
**gains and losses**
**Net gains/(losses) on investment**
**assets:**
Realised
Unrealised
**Net movement in funds**
**Reconciliation of funds:**
Fund balances brought forward
**Fund balances carried forward**
7|2020
Unrestricted
Funds
2020
Restricted
Funds
2020
Total Funds
£
£
£
34,220
0
34,220
0
9,864
9,864|
|---|---|
||34,220
0
44,084|
||55,766
9,864
65,630|
||55,766
9,864
65,630|
||(21,546)
(0)
(21,546)
64
0
64
54,946
0
54,946|
||33,464
0
33,464
919,158
200
919,358|
||952,622
200
952,822|
10
## **EVA RECKITT TRUST FUND**
## **Balance Sheet as at 31 December 2021**
|Notes
2021
£
£
**FIXED ASSETS**
Investments
5
1,072,193
**CURRENT ASSETS**
Cash at Bank:
Current Account
8,320
COIF Charities Deposit
233
8,553
**CURRENT LIABILITIES**
Creditors - amount falling
due within 1 year:
Accountancy and Examiner's
Fees
(756)
(756)
Net Current Assets
7,797
**NET ASSETS**
8
1,079,990
Represented by:
Restricted Funds
0
Unrestricted Funds
1,079,990
**TOTAL CHARITY FUNDS**
1,079,990
Approved by the Trustees on 17thOctober 2022 and signed on their behalf by|2020
£
844
233|£
952,465
357|
|---|---|---|
||1,077||
||(720)||
||(720)||
||||
|||952,822|
|||200
952,622|
|||952,822|
||||
David Birch Manager and Trustee
11
## **EVA RECKITT TRUST FUND**
## **Notes to the Financial Statements for the Year Ended 31 December 2021**
1. Accounting Policies
- a. Basis of accounting
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
Eva Reckitt Trust Fund meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
- b. Going concern basis of accounting
The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves. The trustees considered the impact of the COVID-19 pandemic when assessing going concern. The trustees concluded that the charity was a going concern as it only spends what is earned from the investments. The trustees reviewed the investments and noted that they had maintained their value between the start of the year and the end of June and income has been similar to the prior year. Therefore, the trustees believe there are no material uncertainties about the charity's ability to continue as a going concern.
- c. Funds accounting
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.
- d. Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Investment income is recorded when receivable and deemed unrestricted and available for distribution.
12
**EVA RECKITT TRUST FUND Notes to the Financial Statements (Cont’d) for the Year Ended 31 December 2021**
- e. Expenditure and grants payable
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Expenditure on grants is recorded once the charity has made an unconditional commitment to pay the grant and this is communicated to the beneficiary or the grant has been paid, whichever is earlier.
## f. Support and governance costs
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs are the costs associated with the governance arrangements of the charity, including the costs of complying with constitutional and statutory requirements and any costs associated with the strategic management of the charity’s activities. These costs have been allocated in full to the charitable activities on the basis that all resources and time are spent in this area. No significant resources are directed towards raising funds.
- g. Investments
Investments are stated at market value at the balance sheet date. Realised and unrealised investment gains and losses that are made during the year are reflected in the Statement of Financial Activities. The types of investment are shown at note 5.
## h. Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
- i. Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
- j. Creditors
Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.
13
## **EVA RECKITT TRUST FUND Notes to the Financial Statements (Cont’d) for the Year Ended 31 December 2021**
## k. Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
- l. Accounting estimates and key judgements
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below.
## **Asset valuation**
As described in note 1(g) to the financial statements, investments are stated at market value at the balance sheet date.
14
## **EVA RECKITT TRUST FUND Notes to the Financial Statements (Cont’d) for the Year Ended 31 December 2021**
## 2. Employees
The Trust has no employees.
During the year, 4 trustees were paid fees totalling £400 (2020 £400, 4 trustees) as permitted by the charity’s Trust Deed. The trustees also received reimbursed expenses totalling £Nil (2020 £151, 4 trustees), related to travel and subsistence.
## 3. Related party transactions
There were no related party transactions during the year other than those disclosed in Note 2.
## 4. Total expenditure
|Grant payable (see note 6)
**Administration and management:**
Insurance and Zoom costs
Trustees’ fees and expenses
Independent examiners fees
Bank charges
**Sub-total**
Reallocation of support and governance costs
**Total Expenditure**|Charitable
activities
£
Support &
governance
costs
£
**2021**
**Total**
**£**
54,887
0
**54,887**
0
0
347
400
**347**
**400**
0
756
**756**
0
202
**202 **|
|---|---|
||54,887
1,705
**56,592**
1,705
(1,705)
**0**|
||**56,592**
**0**
**56,592**|
Governance costs for the year were £1,705 (2020: £1,766).
15
## **EVA RECKITT TRUST FUND Notes to the Financial Statements (Cont’d) for the Year Ended 31 December 2021**
## 4. Total expenditure (continued)
|**Prior period comparative:**
Grant payable (see note 6)
**Administration and management:**
Insurance
Trustees’ fees and expenses
Independent examiners fees
Bank charges
**Sub-total**
Reallocation of support & governance costs
**Total Expenditure**|Charitable
activities
£
Support &
governance
costs
£
**2020 Total**
**£**
63,864
0
**63,864**
0
210
**210**
0
551
**551**
0
720
**720**
0
285
**285**|
|---|---|
||63,864
1,766
**65,630**
1,766
(1,766)
**0**|
||**65,630**
**0**
**65,630**|
16
## **EVA RECKITT TRUST FUND Notes to the Financial Statements (Cont’d) for the Year Ended 31 December 2021**
|5.|Investments|||
|---|---|---|---|
|||**Holding**|**Value**|
||||**£**|
||COIF Charities Ethical Investment Fund|108,777.18|340,429|
||COIF Global Equity Fund|129,750.60|370,866|
||COIF Charities Property Fund|285,520.69|360,898|
||||**1,072,193**|
||**Summary:**|||
||The Movement in Market Value in the year was:|||
||Market value at 1 January 2021||952,465|
||Disposals proceeds||(16,000)|
||Realised gain / (loss) during the year||(299)|
||Unrealised gain / (loss) during the year||136,027|
||**Market value at 31 December 2021**||1,072,193|
||Historical cost of these investments £606,143|||
17
## **EVA RECKITT TRUST FUND Notes to the Financial Statements (Cont’d) for the Year Ended 31 December 2021**
## 6. Grants payable to institutions
Notes
- (1) See further description in Appendix A
- (2) Co-financed with Halcrow Foundation
|Notes
(1) See further description in Appendix A
(2) Co-financed with Halcrow Foundation||
|---|---|
|Object A||
|Nil||
|Object B||
|Laptops for Warneford School (1)|£5,997|
|Laptops for Watchfield School (1)|£5,600|
|Computer Aid International|£750|
|Book Aid|£750|
|TEMWA|£500|
|Object C||
|Jubilee Debt Campaign|£1,000|
|Salt of the Earth|£1,000|
|Object D||
|Equality in Tourism (1) (2)|£3,000|
|Reaching the Unreached|£1,000|
|CLAAS|£1,000|
|Bhopal Medical Appeal|£1,000|
|See Beyond Borders|£1,000|
|Forward Africa Education Trust|£1,040|
|Peace Direct|£1,000|
|Prisoners of Conscience Appeal Fund|£1,000|
|Seed|£1,000|
|Food Blessed|£1,500|
|Helen Bamber Foundation (1)|£2,500|
**Carried Forward**
**£30,637**
18
## **EVA RECKITT TRUST FUND Notes to the Financial Statements (Cont’d) for the Year Ended 31 December 2021**
6. Grants payable to institutions (continued)
|Grants payable to institutions (continued)||
|---|---|
|**Brought Forward**|**£30,637**|
|Object E||
|Medecins sans Frontiers (1)|£2,000|
|Object F||
|RNLI (for Bangladesh)|£750|
|Rise and Shine School|£1,500|
|Respite Association|£1,000|
|Healthy Living Project|£1,000|
|Water Harvest|£1,000|
|War on Want|£1,000|
|See Beyond Borders|£1,000|
|Mustard Tree|£1,000|
|The Matthew Trust|£750|
|Friends of Midnapore|£750|
|Project Harar|£750|
|Hands Up Foundation|£750|
|The Girl’s Network|£1,000|
|Sudden Productions|£1,000|
|York Women’s Counselling Service|£1,000|
|Anti Slavery|£1,000|
|Navjyoti|£1,000|
|Risha Education Centre (formally Rise and Shine School)|£1,000|
|The Music Works|£1,000|
|Home from Hospital Care|£1,000|
|Crisis|£1,000|
|The WSUP Charity (1)|£2,000|
|**Total**|**£54,887**|
19
## **EVA RECKITT TRUST FUND Notes to the Financial Statements (Cont’d) for the Year Ended 31 December 2021**
7. Movements in funds
|**Restricted funds**
Equality in Tourism
Laptops for local
schools
D Holliday, Samos
Volunteers *
**Total restricted funds**
**Unrestricted funds**
General funds
**Total funds**|At 1
January
2021
£
Income
£
Expenditure
£
Gains /
losses
£
Transfers
between
funds
£
**At 31**
**December**
**2021**
**£**
0
0
200
3,000
11,223
0
3,000
11,223
0
0
0
0
0
0
(200)
**0**
**0**
**0**|
|---|---|
||200
14,223
14,223
0
(200)
**0**
952,622
33,809
42,369
135,728
200
**1,079,990**|
||952,822
48,032
56,592
135,728
0
**1,079,990**|
Purposes of restricted funds:
- a. * The restricted funds for David Holliday/Samos Volunteers arise from a donation made to the ERT for this specific project and in 2022 this was moved to unrestricted with the permission of the donor.
- b. The funds for Equality in Tourism were received from the Halcrow Foundation for this specific purpose.
- c. For a description of the laptops for local schools see Appendix A.
## **Prior Period**
|**Prior Period**||
|---|---|
|**Restricted funds**
Equality in Tourism
D Holliday, Samos
Volunteers
**Total restricted funds**
**Unrestricted funds**
General funds
**Total funds**|At 1
January
2020
£
Income
£
Expenditure
£
Gains /
losses
£
**At 31**
**December**
**2020**
**£**
0
9,864
9,864
0
0
200
0
0
0
200|
||200
9,864
9,864
0
200
919,158
34,220
55,766
55,010
**952,622**|
||919,358
44,084
65,630
55,010
**952,822**|
20
## **EVA RECKITT TRUST FUND**
## **Notes to the Financial Statements (Cont’d) for the Year Ended 31 December 2021**
## 8. Net assets between funds
|Investments
Current assets
Current liabilities
**Net assets at 31 December 2021**|Restricted
funds
£
Unrestricted
funds
£
**Total**
**funds**
**£**
0
1,072,193
**1,072,193**
0
8,553
**8,553**
0
(756)
**(756)**|
|---|---|
||0
1,079,990
**1,079,990**|
## **Prior period comparative:**
|**Prior period comparative:**||
|---|---|
|Investments
Current assets
Current liabilities
**Net assets at 31 December 2020**
9. Financial instruments
Financial assets measured at fair value|Restricted
funds
£
Unrestricted
funds
£
**Total**
**funds**
**£**
0
952,465
**952,465**
200
877
**1,077**
0
(720)
**(720)**|
||200
952,622
**952,822**
**2021**
**£**
2020
£
**1,072,193**
952,465|
Financial assets measured at fair value comprise CCLA investments.
21
## **APPENDIX A – DETAILS OF THE LARGER GRANTS MADE**
## **1. Laptops for pupils at Local Schools (£11,597 object B)**
At the start of Covid lock down in 2021 one of the ERT Trustees and a friend decided to raise funds from friends and family to buy computers for poorer pupils in schools local to them, in order to facilitate them learning whilst having to be at home instead of school. A total of £11,597 was raised including Gift Aid and a small donation from the ERT. A total of 38 second hand laptops were purchased and were refurbished before being provided to the pupils through two local schools.
## **2. Equality in Tourism (£3,000, object D)**
The ERT contributed to Equality in Tourism’s Women Farmers Project in Tanzania which is helping small farmers develop their holdings and develop marketing links with the hotels nearby which serve the tourists visiting Mount Kilimanjaro. This year the Halcrow Foundation funded the ERT’s support to this Project.
**3. Medecins sans Frontiers (£2,000, object E)**
The ERT has continued to provide an annual unrestricted grant to Medecins sans Frontiers to assist them with their amazing work in areas devastated by war and natural disasters.
## **4. The WSUP Charity (£2,000, object F)**
The WSUP Charity works with Water and Sanitation for the Urban Poor (WSUP) and others to provide water, sanitation and hygiene education to poorer areas of large cities in Africa and Asia. The ERT provided an unrestricted grant to help with central overheads.
## **5. The Helen Bamber Foundation (£2,500, object D)**
The Helen Bamber Foundation works with refugees, particularly those affected by torture and provides them with legal and medical advice and assistance. The ERT continued its long term support to the Helem Bamber Foundation with a further grant intended to provide funds to enable the Foundation to provide small grants to their clients to be able to travel to the Foundation’s office.
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