2021-12-31-accounts

	Page
Trustees'report	1-4
Independentauditors'report	5-7
Statementoffinancialactivities
Balancesheet
Notestotheaccounts	10-21

Referenceandadministrativeinfo	rmation
Settlors	EleanorClarkRobertson
	MaryPriestmanLovell
	StephenClark
	PriscillaBrightJohnston
Charitynumber	211513
Principaladdress	c/oC&JClarkLtd
	40HighStreet
	Somerset
	BA160EQ
Accountants	WombleBondDickinson(UK)LLP
	TheSpark
	DraymansWay
	NewcastleHelix
	NewcastleuponTyne
	NE45DE
Auditors	HainesWattsBristolLtd
	BathHouse
	6-8BathStreet
	Bristol
	BS16HL
Bankers	NationalWestminsterBankPlc
	72HighStreet
	Somerset
	BA160EJ
Investmentadvisors	Berenberg
	60ThreadneedleStreet
	London
	EC2R8HP
	CCLA
	SenatorHouse
	85QueenVictoriaStreet
	London
	EC4V4ET
Solicitors	WombleBondDickinson(UK)LLP
	3TempleQuay
	TempleBackEast
	Bristol
	BS16DZ

		Unrestricted	Restricted	Total	Total
		Fund	Fund	2021	2020
	Notes	£	£	£	£
Incomefrom
Investmentincome	2	41,856	38,226	80,082	65,752
Bankandotherinterestreceivable	3	12	21	33	924
Totalincome		41,868	38,247	80,115	66,676
Expenditureon
Raisingfunds
Investmentmanagementcosts		5,163	28,752	33,915	35,305
Charitableactivities
Grantspayable	5	33,000	4,252,006	4,285,006	124,487
Supportandgovernancecosts	4	19,577	3,966	23,543	22,912
Totalcharitableexpenditure		57,740	4,284,724	4,342,464	182,704
Netgain/(loss)oninvestments	9	190,028	112,573	302,601	(4,831,700)
Netincome/(expenditure)		174,156	(4,133,904)	(3,959,748)	(4,947,728)
Otherrecognisedgains/(losses)
Gain/(loss)onforeignconversion		-	(4,695)	(4,695)	(2,238)
Netmovementinfunds		174,156	(4,138,599)	(3,964,443)	(4,949,966)
Fundbalancesat1January2021		1,997,360	4,739,442	6,736,802	11,686,768
Fundbalancesat31December2021		2,171,516	600,843	2,772,359	6,736,802

			2021		2020
	Notes	£	£	£	£
Fixedassets Investments	g		2,525,557		6,313,619
Currentassets
Debtors	11	18,117		176,328
Cashatbankandinhand		291,007		316,221
		309,124		492,549
Creditors:amountsfallingduewithin oneyear	~2	(62,322)		(69,366)
Netcurrentassets			246,802		423,183
Totalassetslesscurrentliabilities			2,772,359		6,736,802
Fundsofthecharity Unrestrictedfunds	13		2,171,516		1,997,360
Restrictedfunds			600,843		4,739,442

	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	funds	funds	2021	funds	funds	2020
	£	£	£	£	£	£
Dividendsfromlistedinvestments	39,525	10,983	50,508	19,391	12,377	31,768
Interestfromlistedinvestments	2,331	27,243	29,574	-	33,984	33,984
	47,856	38,226	80,082	19,391	46,361	65,752

	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	funds	funds	2021	funds	funds	2020
	£	£	£	£	£	£
NationalWestminsterBankplc	12	21	33	164	148	312
Berenburg	-	-	-	-	512	512
QuitterCheviot	-	-	-	100	-	100
	12	21	33	264	660	924

			Total			Total
	Governance	Support	2021	Governance	Support	2020
	£	£	£	£	£	£
Supportcosts
Secretarialexpenses	1,538	6,153	7,691	1,308	5,233	6,541
Stationery	-	-	-	-	59	59
	1,538	6,153	7,691	1,308	5,292	6,600

	Total	Total
	2021	2020
	£	£
Governancecosts
Accountancy-WBD(UK)LLP(unrestricted)	9,450	10,200
Auditfees	3,252	2,712
Accountancy-WBD(UK)LLP(restricted)	3,150	3,400
Supportcosts(perabove)	1,538	1,308
	17,390	17,620

Allocationofgovernanceandothersupportcosts:		Total		Total
	Recipients	2021	Recipients	2020
		£		£
Religiousgrants	7	5,710	10	2,673
Educationalgrants	3	2,447	12	3,207
Somersetgrants	4	3,263	10	2,673
Othergrants	10	8,157	40	10,692
RestrictedGrant	1	3,966	1	3,667
	25	23,543	73	22,912

	Grant	Supportand		Grant	Supportand
	Funded	Governance	Total	Funded	Governance	Total
	Activity	Costs	2021	Activity	Costs	2020
	£	£	£	£	£	£
Religiousgrants	12,000	5,710	17,710	22,500	2,673	25,173
Educationalgrants	6,000	2,447	8,447	14,800	3,207	18,007
Somersetgrants	2,000	3,263	5,263	6,500	2,673	9,173
Othergrants	13,000	8,157	21,157	23,300	10,692	33,992
Restrictedgrants	4,252,006	3,966	4,255,972	57,387	3,667	61,054
	4,285,006	23,543	4,308,549	124,487	22,912	147,399

Grantspayabletoinstitutions(>£1,500)
	2021	2020
Religiousgrants-7grants(2020-10)	£	£
QuakerCouncilforEuropeanAffairs	2,000	4,000
QuakerService	3,000	3,000
QuakerPeaceandSocialWitness	4,500	7,000
RetreatYorkLtd	1,500	3,000
Totalreligiousgrants<£1,500	1,000	5,500
	12,000	22,500
Educationalgrants-3grants(2020-12)	£	£
AHSS	4,000	8,000
MedicalAidforPalestinians	1,000	2,000
Totaleducationgrants<£1,500	1,000	4,800
	6,000	14,800
Somersetgrants-4grants(2020-10)	£	£
TotalSomersetgrants<£1,500	2,000	6,500
	2,000	6,500
Othergrants-10grants(2020-40)	£	£
BuildingofIreland	-	(10,000)
MedecinsSansFrontiers	1,000	2,000
OXFAM	5,000	6,000
TheSocietyforProtectionofAncientBuildings	2,000	4,000
VersusArthritis	-	2,000
Totalothergrants<£1,500	5,000	19,300
	13,000	23,300

Analysisofcharitableexpenditure	(Continued)
	2021	2020
	£	£
RestrictedFund-Grant
TheAlfredGillettTrust	4,252,006	57,387
TotalGrantsMade	4,285,006	124,487

	Unrestricted	Unrestricted	Restricted	Restricted	2021	2020
	Listed	Unlisted	Listed	Unlisted	Total	Total
	£	£	£	£	£	£
Marketvalueat1January2021	1,334,422	436,408	3,991,935	550,854	6,313,619	11,366,451
Acquisitionsatcost	1,483,596	-	1,335,503	-	2,819,099	1,473,937
Disposalsatmarketvalue	(1,448,501)	-	(4,380,325)	-	(5,828,826)	(2,290,159)
Cashmovementduringyear	(37,250)	-	(1,043,686)	-	(1,080,936)	595,090
Netgains/(losses)oninvestment
assets	190,028	-	112,573	-	302,601	(4,831,700)
Marketvalueat
31December2021	1,522,295	436,408	16,000	550,854	2,525,557	6,313,619

	Unrestricted	Restricted	2021	2020
	Listed	Listed	Total	Total
	£	£	£	£
Equities			-	2,250,534
Bonds			-	1,716,187
Alternativeinvestments			-	262,700
Collectives	1,522,295	-	1,522,295	-
Capitalcash	-	16,000	16,000	1,096,936
	1,522,295	16,000	1,538,295	5,326,357
Investmentsheldasat31December2021andthat	arematerialinthatthey	represent10%ormoreofthe		totalmarke
valueoftheCharity'sholdingsareasfollows:
			2021	2020
			£	£
C&JClarkLimited			987,262	987,262

11	Debtors	2021	2020
		£	£
	Berenberg-Accruedinterest	7,789	-
	QuilterCheviot-Dividends	-	1,328
	Otherdebtors-charitableloantoAlfredGillettTrust	-	175,000
	CCLA-Dividends	10,328	-
		18.117	176.328
12	Creditors:amountsfallingduewithinoneyear	2021	2020
		£	£
	Grants-commitmentsmade	45,000	48,800
	Othercreditors	17.322	20.566
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	Balanceat				Balanceat
	1January			Gains/31December
	2021	IncomeExpenditure		(Losses)	2021
	£	£	£	£	£
Unrestrictedfund	1,997,360	41,868	(57,740)	190,028	2,171,516
Restrictedfund	4.739.442	38.247	14.284.7241	107.878	600.843
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	Balanceat				Balanceat
	1January			Gains/	31December
	2020	Income	Expenditure	(Losses)	2020
	£	£	£	£	£
Unrestrictedfund	4,267,078	19,655	(121,650)	(2,167,723)	1,997,360
Restrictedfund	7,419,690	47,021	(61,054)	(2,666,215)	4,739,442
	11,686,768	66,676	(182,704)	(4,833,938)	6,736,802

Analysisofnetassetsbetweenfunds
	Unrestricted	Restricted	Total
	funds	funds	2021
Fundbalancesat31December2021representedby:	£	£	£
Investments	1,958,703	566,854	2,525,557
Currentassets	271,985	37,139	309,124
Creditors:amountsfallingduewithinoneyear	(59,172)	(3,150)	(62,322)
Creditors:amountsfallingdueaftermorethanoneyear	-	-	-
	2,171,516	600,843	2,772,359
	Unrestricted	Restricted	Total
	funds	funds	2020
Fundbalancesat31December2020representedby:	£	£	£
Investments	1,770,830	4,542,789	6,313,619
Currentassets	292,496	200,053	492,549
Creditors:amountsfallingduewithinoneyear	(65,966)	(3,400)	(69,366)
Creditors:amountsfallingdueaftermorethanoneyear	-	-	-
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16 Previousstatementoffinancialactivities		Unrestricted	Restricted	Total
		Fund	Fund	2020
	Notes	£	£	£
Incomefrom
Investmentincome	2	19,391	46,361	65,752
Bankandotherinterestreceivable	3	264	660	924
Totalincome		19,655	47,021	66,676
Expenditureon
Raisingfunds
Investmentmanagementcosts		35,305	-	35,305
Charitableactivities
Grantspayable	5	67,100	57,387	124,487
Supportandgovernancecosts	4	19,245	3,667	22,912
Totalcharitableexpenditure		121,650	61,054	182,704
Netlossesoninvestments	9	(2,167,723)	(2,663,977)	(4,831,700)
Gainonforeignconversion
Netmovementinfunds
Fundbalancesat1January2020
Fundbalancesat31December2020		1,997,360	4,739,442	6,736,802