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2021-04-05-accounts

		Page
Report ofthe Trustees	1	to	4
Report ofthe Independent Auditors	5	to	8
Statement ofFinancial Activities
Balance Sheet		10
Cash Flow Statement
Notes to the Cash Flow Statement		12
Notes to the Financial Statements	13 to		20

				5.4.21	5.4.20
				Unrestricted	Total
				fund	funds
			Notes
INCOME AND ENDOWMENTS FROM
Investment income				477/03	550,079
EXPENDITURE	ON
Raising funds				68,770	81,512
Charitable activities
Donations				492,600	554,350
Total				561470	635,862
Net gains/(losses)	on	investments		2,704,418	(2/35,892)
NET INCOME/(EXPENDITURE)				2,620451	(2,321,675)
RECONCILIATION		OF FUNDS
Total funds brought		fortvard		10,744/64	13,065,939
TOTAL FUNDS	CARRIED FORWARD			13/64,615	10,744/64

		5.4.21	5.4.20
		Unrestricted	Total
		fund	funds
	Notes
FIXEDASSETS
Investments		13/32,418	10,744,492
CURRENT ASSETS
Debtors	10		2,050
Cash at bank		54~3	22,106
		54/93	24,156
CREDITORS
Amounts falling due within one year		(22,796)	(24,384)
NET CURRENT ASSETS		32,197	(228)
TOTAL ASSETSLESSCURRENT
LIABILITIES		13464,615	10,744/64
NET ASSETS		13464,615	10,744/64
FUNDS	12
Unrestricted funds		13464,615	10,744264
TOTAL FUNDS		13464,615	10,744364

RECONCILIATION OFNET INCOME/( OPERATING ACTIVITIES	EXPENDITURE) TO	NET CASH FLOW	FROM
		5.421	5.4.20
		f.
Net income/(expenditure) for the reporting	period (as per the
Statement ofFinancial Activities)		2,620451	(2,321,675)
Adjustments for:
(Gain)/losses on investments		(2,704,418)	2/35,892
Interest received			(829)
Decrease/(increase) in debtors (Decrease)fincrease in creditors		2,050 (1~)	(1306) 2,525
Net cash used in operations		(83,605)	(85,393)

ANALYSIS OF CHANGES IN NE	T FUNDS
	At 6.4.20	Cash flow	At 5.4.21
Net cash
Cash at bank	22,106	32,887	54,993
	22,106	32,887	54~3
Total	22,106	32,887	54/93

INVESTMENT INCOME
	5.421	5.4.20
	f.
Income from inveslments
—UK fixed interest	40/47	71/68
-UK equities	195/34	346rt22
—UK other income	143,141	20,890
—Overseas equities	90,884	102,814
—Overseas other income	7,468	7@56
-Interest receivable fiom deposits	129	829
	477403	550,079

3.	RAISING	FUNDS
	Investment	management		costs
						5.4.21	5.4.20
							f.
	Costs ofgenerating		investment		income	63/10	76,120
	Support costs					5,460	5,392
						68,770	81,512

					5.4.21	5.4.20
					f
	Donations				492,600	554,350
	Grants payable to institutions			during the year were as follows:
					5.4.21	5.4.20
						f
					322400	418,700
	Grants payable to individuals			during the year were as follows:
					5.421	5.420
					170,400	135,650
6.	SUPPORT COSTS
					5.4.21	5.4.20
	Auditors'	Remuneration			2,780	2,746
	Accountancy		and legal fees		2,680	2,646
					5,460	5,392

8.	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted
				fund
				f.
	INCOME AND ENDOWMIPITS FROM
	Investment mcome			550,079
	EXPENDITURE	ON
	Raising funds			81,512
	Charitable activities
	Donanons			554,350
	Total			635,862
	Net gains/(losses)	on investments		(2735,892)
	NET INCOME/(EXPENDITURE)			(2,321,675)
	RECONCILIATION		OF FUNDS
	Total funds brought fortvard			13,065,939
	TOTAL FUNDS	CARRIED
	FORWARD			10,744,264

				Listed
				investments
MARKET VALUE
At 6April	2020			10,744,492
Additions				3,129,716
lyisposals				(2/79,404)
Revaluations				2,437,614
At 5April	2021			13/32,418
NET BOOKVALUE				f
At 5 April	2021			13@32,418
At 5 April	2020			10,744,492
Historical	Cost:	f
At 5April	2021	11,654/78
At 5April	2020	11,439/66
Managed	discretionary	portfolio at market value
			5.4.21	5.4.20
UK Fixed	Interest		973@72	739,530
UK Index	Linked		126,075	107,350
Alternative	Inveslments		163/00	2,048,784
UK Specialist Credit			2,035413	430,650
UK Equities			5,191,860	4,406,488
Overseas	Equities		4,782.836	2,490,038
Cash Instruments			59,682	521,652
			13/32,418	10,744,492

10.	DEBTORS:	AMOUNTS FALLING DUE WITHIN ONE YEAR	AMOUNTS FALLING DUE WITHIN ONE YEAR
				5.4.21	5.4.20
	Trade debtors				1,557
	Prepayments	and accrued income			493
					2,050
11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				5.4.21	5.4.20
				f
	Accruals			22,796	24/84
12.	MOVEMENT IN FUNDS
				Net
				movement	At
			At 6.4.20	in funds	5.4.21
	Unrestricted	funds
	General fund		10,744464	2,620451	13464,615
	TOTAL FUNDS		10,744/64	2,620/51	13/64,615

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		477/03	(561@70)	2,704,418	2,620/51
TOTAL FUNDS		477/03	(561@70)	2,704,418	2,620/51

			Net
			movement	At
		At 6.4.19	in funds	5.4.20
Unrestricted	funds
General fund		13,065,939	(2,321,675)	10,744/64
TOTAL FUNDS		13,065,939	(2,321,675)	10,744,264

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		550,079	(635,862)	(2,235,892)	(2,321,675)
TOTAL FUNDS		550,079	(635,862)	(2,235,892)	(2,321,675)

			Net
			movement	At
		At 6.4.19	in funds	5.4.21
Unrestricted	funds
General fund		13,065,939	298,676	13,364,615
TOTAL FUNDS		13,065,939	298,676	13,364,615

		Incoming	Resources	Gains and	Movement
		resoltrces	expended	losses	in funds
Unrestricted	funds
General fund		1,027,382	(1,197,232)	468,526	298,676
TOTAL FUNDS		1,027,382	(1,197,232)	468,526	298,676