## ## |||Page| |---|---|---| |General Information||| |Trustees'
Report||2-7| |Statement ofTrustees'|Responsibilities|| |Auditors'
Report||9-11| |Statement ofFinancial|Activities|12| |Balance Sheet||13| |Notes to the Financial|Statements|14-22| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Total|Total| |---|---|---|---|---|---|---| ||||Unrestricted|Capital|Year to|Year to| ||||Income Funds|Funds|5.4.21|5.4.20| ||Notes||g|g||g| |INCOME AND ENDOWMENTS|FROM:|||||| |Income from charitable
activities:||||||| |Grant expenditure
refunded|||5,000||5,000|| |Investments
and other income:||||||| |Investment
income||2|361,275||361,275|391,443| |Rental income|||39,206||39,206|46,055| |Total income and endowments|||405,481||405,481|437,498| |EXPENDITURE ON:||||||| |Raising funds|||90,122||90,122|86,878| |Charitable
activities:||||||| |Grant Giving||||||| |Grant expenditure|||460,862||460,862|415,900| |Grant related support costs|||103,739||103,739|95,409| |Property|||8,449||8,449|17,959| |Management
and administration|||28,146||28,146|27,697| |Total expenditure|||691,318||691,318|643,843| |Net income
/ (expenditure)
before||||||| |gains and losses on investments|||(285,837)||(285,837)|(206,345)| |Net gains/ (losses) on investments:||||||| |Realised on quoted investments||7||97,634|97,634|21,898| |Unrealised
on quoted investments||7||2,528,992|2,528,992|(566,817)| |||||2,626,626|2,626,626|(544,919)| |NKT INCOME
/ (EXPENDITURE)|||(285,837)|2,626,626|2,340,789|(751,264)| |Transfers between
funds|||285,837|(285,837)||| |NET MOVEMENT IN FUNDS||||2,340,789|2,340,789|(751,264)| |Reconciliation offunds:||||||| |Fund balances brought
forward||||||| |at 6a April 2020||||12,709,493|12,709,493|13,460,757| |FUND BALANCES CARRIED
FORWARD AT 5r" APRIL 2021||||15,050,282|15,050,282|12,709,493| |The notes on pages 14to 22 form part||ofthese accounts||||| ## ||||2021|2020| |---|---|---|---|---| |||Notes||| |FIXEDASSETS||||| |Tangible fixed assets|||869,704|869,400| |Investments|||14,212,730|11,835,557| |Total fixed assets|||15,082,434|12,704,957| |CURRENT ASSETS||||| |Debtors|||13,502|13,830| |Cash at bank and in hand|||60,224|59,205| |Total current assets|||73,726|73,035| |CREDITORS||||| |Amounts
falling due within|one year||(60,385)|(14,595)| |NET CURRENT ASSETS|||13,341|58,440| |PENSION LIABILITY||10|(45,493)|(53,904)| |NET ASSETS|||15,050,282|12,709,493| |FUNDS||||| |CAPITAL —Expendable|Endowment||15,050,282|12,709,493| |INCOME —Unrestricted||||| |TOTAL FUNDS|||15,050,282|12,709,493| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |2|INVESTMENT INCOME|||Year to||Year to| |---|---|---|---|---|---|---| |||||5.4.21||5.4.20| |||||||g| ||The income from investments|comprised|the following:|||| ||Gross income from investments|listed on||||| ||recognised stock exchanges|||361,022||390,952| ||Gross interest on cash held by|investment|managers|242||467| ||Gross interest on bank deposit|account||ll||24| |||||361,275||391,443| ||GRANTS MADE|||||| |||||Year to||Year to| |||||5.4.21||5,4.20| ||An analysis ofthe grants by category is as follows;|||||| ||ASYLUM SEEKERSAND REFUGEES|||||| ||Assist Sheffieid|||5,000||| ||Beyond the Page Ltd, Kent|||6,000||| ||Bradford City ofSanctuary|||5,000||| ||English for Action, London|||5,000||| ||Fightback Charity,
Sunderland|||5,000||| ||Happy Days Ministries UK, Halifax|||5,000||| ||Hodan Somali Community|||5,000||| ||Home4U Cardiff|||6,000||| ||Hull Women's
Centre|||6,000||| ||JCWI, London|||20,000||| ||Malvern Welcomes|||3,000||| ||Refugee Workers'
Cultural Association,||London|5,000||| ||Ruth Hayman
Trust, South Croydon|||6,000||| ||Samphire,
Kent|||7,500||| ||Slough Refugee Support|||6,000||| ||Soundmix,
Twickenham|||10,000||| ||The Forge Project, Scunthorpe|||5,000||| ||Tunbridge
Wells Welcomes Refugees (TWWR)|||5,000||| ||Voluntary
Action Coventry|||5,000||| ||Watford and Three Rivers Refugee Partnership|||8,250||| ||Welcome Group Halesowen|||5,000||| ||||||133,750|141,500| ||Carried forward||||133,750|141,500| ## |NOT|ES TO THE ACCOUNTS|||||||| |---|---|---|---|---|---|---|---|---| |FOR|THE YEAR ENDED 5 "APRIL|2021||||||| |||||||Year to||Year to| |||||||5.4.21||5.4.20| ||||||||5|| |3|GRANTS MADE (continued)|||||||| ||Brought forward||||||133,750|141,500| ||COMMUNITY BASEDINITIATIVES FOR|||||||| ||DISADVANTAGED
YOUNG PEOPLE|||AGED 16TO 25||||| ||Change Please Foundation,
London|||||5,000||| ||Communities
First Charitable
Foundation,|||London||||| ||(Committed
but not paid at year-end)|||||4,000||| ||Grennock Morton Community
Trust,||Wemyss Bay, Scotland|||5,000||| ||Health Energy Advice Team (HEAT), London|||||5,000||| ||Multi-Story
Music, Richmond|||||6,500||| ||Rubygirl
Ltd (Ruff and Ruby), Hanley|||||5,000||| ||Sister System, London|||||6,000||| ||Stonebridge
City Farm, Nottingham|||||5,000||| ||Swamp Circus Trust Ltd, Cornwall|||||5,000||| ||Swansea Music Art Digital|||||4,000||| ||||||||50,500|49,700| ||HOMELESSNESS|||||||| ||All People All Places, London|||||5,000||| ||Belfast and Lisburn Community
Project|||||4,000||| ||Coatham House, Redcar|||||5,000||| ||Daylight
Centre Fellowship,
Wellingborough|||||5,000||| ||High Peaks Homeless
Help Ltd, Buxton, Derbyshire|||||3,000||| ||Hope at Home, Bromsgrove|||||5,000||| ||Hope House Essex|||||5,000||| ||Inverness
Foodstuff|||||5,000||| ||Manna House (Kendal)|||||5,000||| ||Number
Eight (Tamworth)|||||6,000||| ||Riverside Community
Trust, Prestwick|||||5,000||| ||Safe Steps, Essex|||||5,000||| ||Shiloh Rotherham|||||5,000||| ||The Macari Foundation,
Stoke-on-Trent|||||2,500||| ||The Minehead
Hope Centre Trust|||||5,000||| ||The Sbrewsbury
Ark|||||5,000||| ||The Vine Centre, Aldershot|||||6,500||| ||The Woking Community
Furniture|Project||||1,000||| ||||||||83,000|55,000| ||PENALAFFAIRS|||||||| ||Aldates Community
Transformation||Initiatives||(ACT), Oxford|5,000||| ||CELLS Project CIC, Liverpool|||||5,000||| ||Cleveland
Housing Advice Centre|||||5,000||| ||Friends ofErlestoke Prison, Marlborough|||||6,000||| ||Kairos Women Working Together,|Coventry||||5,000||| ||Kestrel Theatre Company,
Oxford|||||10,000||| ||Project Colt, Elland Bridge|||||5,312||| ||Steps 2 Recovery, London|||||6,000||| ||||||||47,312|43,600| ||Carried forward||||||314,562|289,800| ## |NOTES TO THK ACCOUNTS|NOTES TO THK ACCOUNTS|||| |---|---|---|---|---| |FOR THK YEAR ENDED 5r" APRIL 2021||||| |||Year to||Year to| |||5.4.21||5.4.20| ||||5|| |3|GRANTS MADE (continued)|||| ||Brought forward||314,562|289,800| ||OVERSEAS DEVELOPMENT|||| ||UK Based Charities|||| ||Create International,
India|10,000||| ||Healthprom,
London —Afghanistan|7,500||| ||Livingstone
Tanzania Trust|4,000||| ||Margaret Pyke Trust, Uganda|10,000||| ||Sal's Shoes —Developing
Countries|5,000||| ||Tanzania
Development
Trust|15,000||| ||Wonder Foundation —India|5,000||| ||||56,500|53,000| ||Overseas Charities|||| ||Cricket Association ofthe Blind Nepal|5,000||| ||Hope Walks Zambia|5,000||| ||Save the Needy, Sierra Leone|3,000||| ||Welcome to My Yard Nepal|5,000||| ||||18,000|30,000| ||SPECIAL —Summer Play Schemes|||| ||Social Farms and Gardens|30,000||| ||Ten other smaller grants (2020:Twenty)|14,800||| ||||44,800|24,000| ||SPECIAL —Other|||| ||Barts Health NHS Trust, London|7,000||| ||George Padmore Institute,
London|10,000||| ||The Everyone Project SCIO, Edinburgh|5,000||| ||The Kingston
and District Welcare Association|5,000||| ||||27,000|19,100| ||||460,862|415,900| ## ## ## ## |5|INVESTMENT RELATED EXPENSES|INVESTMENT RELATED EXPENSES|INVESTMENT RELATED EXPENSES||| |---|---|---|---|---|---| |||||Year to|Year to| |||||5.4.21|5.4.20| |||||g|g| ||Investment|managers'|fees|90,122|86,878| ## ## ## |FO|R THE YEAR ENDED 5|r" AP|RIL|20|21|||| |---|---|---|---|---|---|---|---|---| ||||||||Year to|Year to| ||||||||5.4.21|5.4.20| ||||||||g|g| |7|FIXEDASSETINVESTMENTS|||||||| ||Quoted investments:|||||||| ||Market value 6o April 2020||||||11,741,356|12,576,982| ||Additions||||||37,300|54,772| ||Disposals||||||(330,000)|(238,026)| ||Net gains realised on disposals||||||97,634|21,898| ||Increase/ (Decrease) in net unrealised||||gains||2,528,992|(566,817)| ||Investment
management|fees deducted|||within|fund|(110,751)|(107,453)| ||Market value at 5n April|2021|||||13,964,531|11,741,356| ||Cost 5n April 2021||||||8,346,811|8,541,877| ||Investment
cash with investment|||managers:||||| ||At 6n April 2020||||||94,201|39,569| ||Additions||||||(37,300)|(54,772)| ||Proceeds ofdisposals||||||330,000|238,026| ||Reinvested
income||||||361,264|391,419| ||Net transfers to Fund's bank account||||||(520,250)|(540,000)| ||Bank charges||||||(10)|(20)| ||Investment
management|fees refunded|||||20,294|19,979| ||At 5'" April 2021||||||248,199|94,201| ||Total fixed asset investments||at market value at 5'" April 2021||||14,212,730|11,835,557| ||The quoted investments|held|at 5'" April 2021 comprised:|||||| ||Global balanced funds||||||13,964,531|11,741,356| ||Total quoted investments|at|market||value at 5'" April 2021||13,964,531|11,741,356| ## ## ||||Year to|Year to| |---|---|---|---|---| ||||5.4.21|5.4.20| |8|DEBTORS|||| ||Investment
managers'|fees rebate|5,488|5,153| ||Prepayments|||440| ||Accrued income||8,014|3,207| ||Pension debtor|||3,808| ||Sundry other debtors|||1,222| ||||13,502|13,830| |9|CREDITORS: falling|due within one year||| ||Accountant's
fees||4,800|4,200| ||Grants committed
but|not yet paid|37,000|| ||PAYE and MC creditor||907|1,769| ||Sundry other creditors||11,318|2,266| ||Rental deposits held||6,360|6,360| ||||60,385|14,595| ## |Changes in the present value oft|h|e defined benefit|deficit obligati|ons
were as follows|:| |---|---|---|---|---|---| |Provision at start ofperiod||||53,904|65,390| |Unwinding
ofthe discount factor||(interest expense)||1,210|828| |Deficit contributions
paid||||(11,177)|(10,852)| |Remeasurements
—impact ofany||change in assumptions||1,556|(1,462)| |Remeasurements
—amendments|to the contribution||schedule||| |Provision
at end ofperiod||||45,493|53,904|