REGISTERED CHARITY NUMBER: 256691
The Bluston Charitable Settlement of 15 March 1968
Report of the Trustees and
Financial Statements
for the Year Ended 5 April 2022
The Bluston Charitable Settlement of 15 March 1968
Contents of the Financial Statements for the year ended 5 April 2022
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Report of the Trustees | 2 to 3 |
| Report of the Independent Auditors | 4 to 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Cash Flow Statement | 9 |
| Notes to the Cash Flow Statement | 10 |
| Notes to the Financial Statements | 11 to 15 |
The Bluston Charitable Settlement of 15 March 1968
Reference and Administrative Details for the year ended 5 April 2022
| Principal address | 20 Gloucester Place |
|---|---|
| London | |
| W1U 8HA | |
| Settlor | Jack Bluston |
| Trustees | Anna Jacqueline Josse (appointed 16/3/2022) |
| Martin David Paisner CBE | |
| Daniel Isaac Dover | |
| Prism Trustees Limited (resigned 16/3/2022) | |
| Administrator | Prism the Gift Fund |
| 20 Gloucester Place | |
| London | |
| W1U 8HA | |
| Banker | Coutts & Co |
| 440 Strand | |
| London | |
| WC2R 0QS | |
| Independent auditors | Haines Watts |
| Statutory Auditor | |
| New Derwent House | |
| 69-73 Theobalds Road | |
| London | |
| WC1X 8TA | |
| Solicitors | Payne Hicks Beach |
| Lincoln's Inn | |
| 10 New Square | |
| London | |
| WC2A 3QG | |
| Investment Managers | Handelsbanken Wealth Management Limited |
| No 1 Kingsway | |
| London | |
| WC2B 6AN | |
| Registered charity number | 256691 |
Page | 1
The Bluston Charitable Settlement of 15 March 1968
Report of the Trustees for the year ended 5 April 2022
The Trustees present their report along with the financial statements of The Bluston Charitable Settlement of 15 March 1968 (''the Charity''), (''the Trust'') for the year ended 5 April 2022. The financial statements have been prepared in accordance with the accounting policies set out on pages 11-12 and comply with the Charity's trust deed and applicable law.
Constitution and objects
The Bluston Charitable Settlement is constituted under a trust deed dated 15 March 1968 and the Settlor is Jack Bluston. It is a registered charity no 256691.
The objects of the Charity are for the Trustees to hold the Trust Fund and the income thereof to or towards or for the benefit or in furtherance of such charitable purposes or charitable institutions as the Trustees shall in their absolute discretion think fit.
Grantmaking
The Trustees meet bi-annually to consider applications from a wide range of charities. During the year ended 5 April 2022, the Trustees have supported charities in the following areas:
-
Education of children
-
Capital expenditure projects for schools and other educational establishments.
-
Support for the welfare of the underprivileged
-
Support of hospitals and medical institutions
-
Universities for specific research projects
In addition to grants made in the year the Trustees have committed to future grants as shown in the accounts and detailed in note 8.
Organisation
The Trustees who have served during the year and since the year-end are set out on page 1.
The Charity has no employees. The Trustees are experienced professionals, selected for their experience and expertise. There are no plans to recruit new Trustees.
Financial review and investment policy
During the year, the Charity had total income of £528,931 (2021: £235,139) and the Trustees made donations of £393,000 (2021: £271,679). The Charity’s future commitments been determined by the Trustees, having taken into consideration the uncertainty of the current economic climate which could have an impact on the bi-annual dividends received. The Trustees will continue to monitor and review. The Trustees have included committed donations in these accounts of £387,500 (2021: £325,000).
The Trustees have funds under management with Handelsbanken Wealth Management Limited who operate the investment strategy on behalf of the Trustees.
The Trustees hold investments which generate income to meet the charitable objectives of the Charity.
Reserves policy
The intention of the Trustees is to retain the Bluston Securities Limited shares (which are not tradable) together with the other assets received from the Estate of the late Elizabeth Bluston, as long-term investments. They will distribute the Trust income within a reasonable period from each year end. Cash reserves are maintained in order to meet forthcoming commitments.
Safeguarding and other policies
The Charity has a set of policies that are regularly reviewed by the Trustees including a Safeguarding policy. The safety and welfare of any children, young people or vulnerable adults (collectively, 'vulnerable persons') assisted or otherwise impacted by the Charity's work or the activities and programmes it supports is of paramount importance to the Charity. Compliance with local legal and regulatory standards and best practice are considered the absolute minimum requirement and the Trust may seek assurances that higher standards are imposed.
Page | 2
The Bluston Charitable Settlement of 15 March 1968
Report of the Trustees for the year ended 5 April 2022
Risk management
The Trustees have not identified any specific risks that attach to the administration of the Trust.
Given that the worst of the impact of COVID-19 seems to be over, the Trustees believe that the risk of it impacting the Charity are negligible however, the Trustees will continue to monitor the situation as well as the wider economic climate.
Public Benefit
The Trustees are conscious of the Charity Commission guidelines on public benefit and these guidelines are applied when grants are considered.
Statement of Trustees' responsibilities
The Trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the Charity's financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the Trustees are required to:
-
Select suitable accounting policies and then apply them consistently;
-
Make judgements and estimates that are reasonable and prudent;
-
Observe the methods and principles in the Charity SORP;
-
State whether applicable accounting standards and statement of recommended practice have been followed subject to any 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 accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They 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.
Approved by order of the board of Trustees on 1 February 2023 and signed on its behalf by:
Martin D Paisner CBE - Trustee
Daniel I Dover - Trustee
Page | 3
Report of the Independent Auditors to the Trustees of The Bluston Charitable Settlement of
15 March 1968
Opinion
We have audited the financial statements of The Bluston Charitable Settlement of 15 March 1968 (‘‘the Charity'’) for the year ended 5 April 2022 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In our opinion the financial statements:
-
give a true and fair view of the state of the Charity's affairs as at 5 April 2022 and of its incoming resources and application of resources, for the year then ended;
-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-
have been prepared in accordance with the requirements of the Charities Act 2011
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.
Other information
The Trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities Act 2011 requires us to report to you if, in the opinion:
-
the information given in the Trustees' Annual Report is inconsistent in any material respect with the financial statements; or
-
sufficient accounting records have not been kept; or
-
the financial statements are not in agreement with the accounting records and returns; or
-
we have not received all the information and explanations we require for our audit
Page | 4
Report of the Independent Auditors to the Trustees of The Bluston Charitable Settlement of 15 March 1968
Responsibilities of Trustees
As explained more fully in the Statement of Trustees' Responsibilities, the Trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the Charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the Charity or to cease operations, or have no realistic alternative but to do so.
Our responsibilities for the audit of the financial statements We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
We gained an understanding of the legal and regulatory framework applicable to the Charity and the industry in which it operates, and considered the risk of acts by the Charity that were contrary to applicable laws and regulations, including fraud. We discussed with the Trustees the policies and procedures in place regarding compliance with laws and regulations. We discussed amongst the audit team the identified laws and regulations, and remained alert to any indications of non-compliance.
During the audit we focussed on laws and regulations which could reasonably be expected to give rise to a material misstatement in the financial statements, including, but not limited to, the Charities Act 2011, taxation legislation, employment and data protection. Our tests included agreeing the financial statement disclosures to underlying supporting documentation and enquiries with management.
Our procedures in relation to fraud included but were not limited to: inquires of management whether they have any knowledge of any actual, suspected or alleged fraud, and discussions amongst the audit team regarding risk of fraud such as opportunities for fraudulent manipulation of financial statements. We determined that the principal risks related to posting manual journal entries to manipulate financial performance and management bias through judgements in accounting estimates. We also addressed the risk of management override of internal controls, including testing journals and evaluating whether there was evidence of bias by the directors that represented a risk of material misstatement due to fraud.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
Page | 5
Report of the Independent Auditors to the Trustees of The Bluston Charitable Settlement of 15 March 1968
Use of our report
This report is made solely to the Charity's Trustees, as a body, in accordance with section 144 of the Charities Act 2011 and the regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the Charity's Trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity's Trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Haines Watts Statutory Auditor New Derwent House 69-73 Theobalds Road London WC1X 8TA
1 February 2023
Page | 6
The Bluston Charitable Settlement of 15 March 1968
Statement of Financial Activities for the year ended 5 April 2022
| Notes Income and endowments from Investment income 2 Expenditure on Charitable activities 3 Charitable Activities Support costs Future grant commitment movement Total Net gains on investments NET INCOME Reconciliation of funds Total funds brought forward Total funds carried forward |
2022 Unrestricted fund £ 528,931 393,000 41,167 62,500 496,667 5,031,196 5,063,460 21,210,600 26,274,060 |
2021 Total funds £ 235,139 271,679 42,416 15,821 329,916 255,673 160,896 21,049,704 21,210,600 |
|---|---|---|
Page | 7
The Bluston Charitable Settlement of 15 March 1968
Balance Sheet 5 April 2022
| Notes Fixed assets Investments 7 Current assets Cash at bank Creditors Amounts falling due within one year 8 Net current assets Total assets less current liabilities NET ASSETS Funds Unrestricted funds Total funds |
2022 Unrestricted Funds £ 26,224,264 444,496 (394,700) 49,796 26,274,060 26,274,060 26,274,060 26,274,060 |
2021 Total funds £ 21,193,068 349,732 (332,200) 17,532 21,210,600 21,210,600 21,210,600 21,210,600 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 1 February 2023 and were signed on its behalf by:
Martin D Paisner CBE - Trustee
Daniel I Dover - Trustee
The notes form part of these financial statements
Page | 8
The Bluston Charitable Settlement of 15 March 1968
Cash Flow Statement for the year ended 5 April 2022
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash used in operating activities Cash flows from investing activities Net cash from investments Interest received Dividends received Net cash provided by investing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
2022 £ (434,167) (434,167) - 36 528,895 528,931 94,764 349,732 444,496 |
2021 £ (312,820) (312,820) 250,000 - 235,064 485,064 172,244 177,488 349,732 |
|---|---|---|
Page | 9
The Bluston Charitable Settlement of 15 March 1968
Notes to the Cash Flow Statement for the year ended 5 April 2022
1. Reconciliation of net income to net cash flow from operating activities
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Net income for the reporting period (as per the Statement of Financial | |||
| Activities) | 5,063,460 | 160,896 | |
| Adjustments for: | |||
| Gain on investments | (5,031,196) | (255,673) | |
| Interest received | (36) | - | |
| Dividends received | (528,895) | (235,064) | |
| Increase in creditors | 62,500 | 17,021 | |
| Net cash used in operations | (434,167) | (312,820) | |
| Analysis of changes in net funds | |||
| At 6/4/21 | Cash flow | At 5/4/22 | |
| £ | £ | £ | |
| Net cash | |||
| Cash at bank | 349,732 | 94,764 | 444,496 |
| 349,732 | 94,764 | 444,496 | |
| Total | 349,732 | 94,764 | 444,496 |
2. Analysis of changes in net funds
Page | 10
The Bluston Charitable Settlement of 15 March 1968
Notes to the Financial Statements for the year ended 5 April 2022
1. Accounting policies
Accounting convention
The financial statements of the Charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
Preparation of consolidated financial statements
The financial statements contain information about The Bluston Charitable Settlement of 15 March 1968 as an individual charity and do not contain consolidated financial statements as the parent of the group. The Charity has taken the option under section 139 of the Charities Act 2011 not to prepare consolidated Financial Statements.
Financial instruments and critical accounting estimates and judgements
Basic financial instruments includes basic financial liabilities - other payables - which are recognised at transaction price.
Cash at bank includes cash held with banks other than short term investments.
In the application of the accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and assumptions are based on experience and other factors that are considered to be relevant. Actual result may differ from these estimates which are reviewed on an ongoing basis and recognised when appropriate.
Income recognition
All income is recognised in the Statement of Financial Activities once the Charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Investment income is accounted for in the period in which the Charity is entitled to receipt. Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.
Expenditure recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the Charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis.
Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs include the costs attributable to the Charity's compliance with constitutional and statutory requirements, including audit, strategic management and Trustee's meetings and reimbursed expenses.
Grants offered subject to certain conditions which have been met at the year end date are included as forward commitments.
Taxation
The Charity is exempt from tax on its charitable activities.
Fund structure
All funds are unrestricted.
Page | 11
The Bluston Charitable Settlement of 15 March 1968
Notes to the Financial Statements - continued for the year ended 5 April 2022
1. Accounting policies - continued
Fixed asset investments
Quoted investments are stated at their fair value at the balance sheet date and any gain or loss on revaluation is taken to the SOFA. The unquoted investments are stated at the most recently obtained or assessed market value, less provision for any permanent diminution in value.
Going Concern
The accounts are prepared on the basis that the Trustees have adequate resources to continue to operate. The Trustees have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment. This assessment covering a period of a minimum of twelve months from approval of these financial statements. Based on these assessments, the Trustees have concluded that they can continue to adopt the going concern basis in preparing the annual report and account.
2. Investment income
| Investment income | ||
|---|---|---|
| UK unquoted equities Deposit account interest |
2022 £ 528,895 36 528,931 |
2021 £ 235,064 75 |
| 235,139 |
3. Charitable activities costs
| Grant funding of activities Support (see notes costs (see 4 and 8) note 5) £ £ Charitable Activities 393,000 - Support costs - 41,167 Future grant commitment movement 62,500 - 455,500 41,167 |
Totals £ 393,000 41,167 62,500 |
|---|---|
| 496,667 |
Page | 12
The Bluston Charitable Settlement of 15 March 1968
Notes to the Financial Statements - continued
for the year ended 5 April 2022
4. Grants payable
Charity Number
| Beit Halochem UK 1146950 Beth Medrash Gevoh – Lakewood East 1023816 British Institute of International & Comparative Law British Library Camden Psychotherapy Unit 1112967 Chief Rabbinate Trust 1095878 Childhood Trust 1154032 Farms for City Children 325120 Golders Green Beth Hamedrash 1138578 Jaffa Institute 282049 Jewish Council for Racial Equality 1132666 Holocaust Educational Trust 327640 Jerusalem Foundation 258306 JW3 1117644 JJ Memorial Garden, Shalavim Yeshiva Kisharon 271519 Maccabi GB 1098206 Marie Curie 207994 Ohel Torah Beth David 327912 Prisoners Abroad 1093710 Rene Cassin 1117472 Weizmann Institute Foundation 232666 Yoni Jesner Foundation 1094798 |
2022 £ 18,000 10,000 50,000 10,000 10,000 50,000 10,000 - 20,000 25,000 10,000 25,000 - - - 10,000 5,000 25,000 30,000 25,000 - 50,000 10,000 393,000 |
2021 £ - - 50,000 10,000 10,000 50,000 - 5,000 10,000 25,000 - - 6,696 10,000 24.983 10,000 - - 30,000 - 10,000 - 20,000 271,679 |
|---|---|---|
5. Support costs
| Support costs Analysis of support costs Bank charges Auditors' fees Administration fee |
Governance costs £ 41,167 2022 2021 £ £ 367 416 7,200 8,400 33,600 33,600 41,167 42,416 |
|---|---|
Page | 13
The Bluston Charitable Settlement of 15 March 1968
Notes to the Financial Statements - continued for the year ended 5 April 2022
6. Trustees' remuneration and benefits
Anna Josse is a director of Prism Administration Limited, which provides administration and Trustee services to the Charity. During the year, the Charity paid the aforementioned company £33,600 (2021 - £33,600).
Trustees' expenses
There were no Trustees' expenses paid for the year ended 5 April 2022 nor for the year ended 5 April 2021.
7. Fixed asset investments
| Market value At 6 April 2021 Unrealised gain/(loss) on quoted investments Unrealised gain/(loss) on unquoted investments At 5 April 2022 Net book value At 5 April 2022 At 5 April 2021 |
Listed investments £ 1,193,068 31,196 - 1,224,264 1,224,264 1,193,068 |
Unlisted investments £ 20,000,000 - 5,000,000 25,000,000 25,000,000 20,000,000 |
Totals £ 21,193,068 31,196 5,000,000 26,224,264 26,224,264 21,193,068 |
|---|---|---|---|
There were no investment assets outside the UK.
Cost or valuation at 5 April 2022 is represented by:
| Valuation in 2020 Valuation in 2021 Valuation in 2022 |
Listed investments £ 1,187,395 5,673 31,196 1,224,264 |
Unlisted investments £ 20,000,000 - 5,000,000 25,000,000 |
Totals £ 21,187,395 5,673 5,031,196 |
|---|---|---|---|
| 26,224,264 |
In the year ended 5 April 2013 the Charity purchased a further 27,806 shares for consideration of £225,263 including costs. The unquoted investment held at 6 April 2012 was 916,800 Ordinary shares in Bluston Securities Ltd. Nexia Smith and Williamson Audit Limited valued the shares at £8.06 in connection with the purchase of the 27,806 shares. In 2006, 215,700 shares were received as part of a distribution from the Estate of the late Mrs E Bluston. The Trustees consider that a revaluation of the holding to £8.06 per share for the original 916,800 shares was appropriate at 5 April 2016. For the year ended 5 April 2022, the Trustees have valued the unquoted investments held at £25m (2021: £20m), having taken into consideration the net assets of Bluston Securities Ltd and the rental yields of certain investments it holds based on publically available information at the date of approving these financial statements. Martin D Paisner CBE is a director of Bluston Securities Limited.
The valuation is made in accordance with the Trustees' reporting obligation and the fair value of the Bluston Securities Limited shareholding for charity accounting purposes should not be treated as anything other than an expression of the opinion of the Trustees and not as a representation upon which any third party can or should seek to rely.
Page | 14
The Bluston Charitable Settlement of 15 March 1968
Notes to the Financial Statements - continued for the year ended 5 April 2022
8. Creditors: amounts falling due within one year
| Other creditors Included in other creditors are forward commitments 2022 to 2023: British Institute of International & Comparative Law British Library Chief Rabbinate Trust JW3 Maggies Prisoners Abroad Sadeh Variety Weizmann Institute Foundation Yoni Jesner Foundation |
2022 2021 £ £ 394,700 332,200 2022/23 2021/22 £ £ 50,000 50,000 - 10,000 - 50,000 - 10,000 187,500 125,000 25,000 - - 20,000 75.000 - 50,000 50,000 - 10,000 387,500 325,000 |
2021 £ 332,200 |
|---|---|---|
9. Related party disclosures
Other than those referred to within note 6, there were no related party transactions for the year ended 5 April 2022.
Page | 15