## |||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| ##