NMAN CHARITY
ANNUAL REPORT AND ACCOUNTS
31ST DECEMBER 2021
PAYNE HICKS BEACH
Solicitors
10 New Square
Lincoln's Inn
London WC2A 3QG
PAC29D.XLS12021

THE INMAN CHARITY
CONTENTS
Adminislralive information about th8 charity. ils Iruslee and advisers
DirectOfS' ￿Port
9-12
Independent auditor's report
Acco
13
Slalemenl of financial aclivllies
14
Comparative Ststemenl of financial aclivili88
15
Balance sheet
16-20
Principal accounting pollclgs
Notes lo the accounts
endix
28
GranL8 made

THE INMAN CHARirY
ADMINISTRATIVE IN
ORMATION ABOUT THE CHARITY ITS TRUSTEE AND ADVISERS
CORPOFIATE TRUSTEE
Inman Charity Trustees Llmited
DIRECTORS OF THE CORPORATE TRUSTEE
THE DIRECTORS
A.L. Walkgr
Miss 8.M.A. Slrother
M.R. Math8WS
J.D. Langdon
N.J. Wing8r8lh (appointed 20 Octobgr 20211
PRINCIPALADDRESS
10 New Square
Llncoln's Inn
London WC2A 30G
WEBSITE ADDRES&
www.1nmancharily.org
RITY REGISTRATION NUMBER
261366
UDITOR
Buzzacott LLP
130 Wood Slreet
London EC2V 6DL
INV
STMENT MANAGER
Quilter Chevlot
Senaior Houso
85 Queen Vlctorla Streel
London EC4V 4AB
NKERS
CAF Bank
25 Klngs Hill Avenue
Kings Hill
West Malllng
K9nt ME19 4JQ
SOL5C'ITORS AND ADMINISTRAT
Payn8 Hid(s B88ch
10 New Square
Lincoln'5 Inn
London WC2A 3QG

THE INMAN CHARI
DIRECTORS. REPORT- 31ST DECEMBER 2021
The directors ol the corporate trustee (the diTectorsl present their stalulory report logelhfjr with the
accounts of The Inman Charity for the year ended 31st December 2021.
The accounts have been prepared in accordance with th8 8ccounting policles set out on pages 16
10 20 of th8 attached accounts and comply with the Charity's trust doed. appllcable laws.
accounting standards Iunited Kingdom Generally Accepted Accounting Practic81, and Accountlng
nd Reporting by Charities.. Staternent of Recommendgd Praetlce appllcable to charities preparing
their accounts in 8ccord8nce with the Financial Reporting Standard applic.able in the United
Kingdorv. and Republic ol Ireland IFRS 1021. Second edition (October 20191.
GOVERNANCE, STRUCTURE AND MANAGEMENT
Governon¢e
The Inman Charity is governed by a trust deed dated 16th Jung 1970. The charlty is registered
under the Charlties Act 2011, Chanly Registration Number 261366.
The statutory power ol appointrnent of new dlredors of Ihe corporatg trustee by the continuing
directors applies.
The names of the directors who served during tho year ara set out as part of the administrative
Information on page 1 OT this Annual Report and Accounts, Bri81 biographical details are given
bel<)w.'
A.L. Walker
A.L. Walker was appolnted a director in February 1981. Hè is a relired Chariered Tax Adviser. He
was lor many years employgd as 8 prlneipal in the Private Clignt Department of Payne Hicks
Beaoh.
Ml•s B.M.A. Strother
Miss B.M.A. Strother was appointed a director in March 1998. She has work8d for many years in
heallh, social care and the older people's charitable sectoi and Is a Trustee ol Healthwatch Cily ol
London.
M.R. Mathews
M.R. Mathews was appointed a d1￿CtOr in November 2000. He Is a IBtired solicitor. H8 was lor
many years a partner in Clifford Chance and is also a former Presid8nt ol the Law Society.
J.D. Langdon
J.D. Langdon was appointed a dirgctor In November 2002. He is Emeritus Professor of
Maxillolacial Surgery al King's Colleg& London.

INMAN CHARITY
Pa
DIRECTORS, REPORT- 31ST DECEMBER 2021
GOVERNANCE, STRUCTURE AND MANAGEMENT Icontlnuedl
N.J. Wlngerath
N.J. Wingerath was appointed a dir8Ctor In October 2021. He is a retired Trust and Tax
PTaclition8r and was Head ol the Trust and Tax Department of Payne Hlcks Beach prior lo his
retirement.
On agreeing to their appointtnent. the directors are thoroughly briefed by Ihgir co-directors on Ihg
history ol the charity. the day-to-day management, the respon8ibilities of the dire¢lors, the current
objectives and the fLJture plans ol th8 charity.
Dlrector8' responslbllltles slatgment
The directors are responsiblg lor preparing Ihe directors. report and accouryts in accordance With
applicable law and United Kingdom Accounting Standards IU4ited Klngdom Generally Accepted
Accounling Practic8}.
Charity law in England and Wales requires Ihg dir$ctors of the corporate trustee (the directors) to
prepare accounts for each financial ygar which give a true and fair view of th8 State of affalrs of
Ihe eharily al the year end and ol ils incorlle and expenditure during that year. In preparing
accounts. glvin9 a true and fairview the directors are requlred to..
Selecl suitable 3¢counting policies and Ih8n apply them ¢onsislendy',
Observe the methods and prlnciples ol Acwunting and Reporting by Charities.. Statemenl of
R8commended Practice applicab5e to charities preparing their account5 in accordance with
the Financlal Reporiing Standard applicable in the UK and Republic of Ireland IFRS 1021.
Make judg8tnants and eslimales Ih8t are reasonable and prudent.,
State whèther applicable United Kingdom Accounting Standard5 have been followed, 8ubj@et
to any.mat&rial departures disclosed and explained in the accounts- and
Prepa￿ the accounts on the going concern basis unless il is inappropriate to presumg that
th8 charily will continue lo operate.
The directors arg r85ponsible for keeping proper accounling records whlch disclose wilh
reasonable accuracy al any time the financial p051tlon ol Ihe Charily and which enable thom to
ensure that the accounts comply with the Charities Act 2011. applicable Charily (Accounts and
Reports) Regulations and the provisions ol the trust deed. They are also responsiblg lor
safeguarding th8 assets of the charity and hence for laking reasonable steps lor the prevention
8nd detectlon of fraud and other irregularities.
The directors are iesponsible for th8 maintonance and integrity of the charlly and linanci&l
Information included on the charitls website. Legislation in the United Kingdom governing
Pieparation and dissemination ol èccounts may differ from legislation in other jurisdictions.

THE INMAN C
ARIT
Pa
DIRECTORS, REPORT- 31ST DECEMBER 2021
GOVERNANCE. STRUCTURE AND MANAGEMENT {Continugdl
structure and rn#nag•mont reportlng
The dlrectors are ultimately responsible for the policies, acliviligs and assets ol the charity. They
meet twic6 a year to review the development5 Wlth regard to the charity, its grant giving aclivilie
and make any important dgoisions. When necessary, the directors seek advice and 5UPPOrt from
the charitrfs professional advisers inclLiding the inveslmenl manager, 501ieitors and accountants.
Thg day to day management ol the charity's activities, and the implernentation ol policies, is
delegated to the Privat¢ Client Department ol Payne Hicks Beach. The Department 8n5ures that
grant appliealions are processed and presented to the diredors as appropriate., il administers
payments and keeps the books and records of th8 eharity.
Al Iheir meetings the directors rgV18W the investment perlorrn8nce. and a represenlalive ol the
investment manager aliends the meetings to update the directors in detall on the porlfolio. The
directors review the proposa15 ft)r grants lo be m3de and approve such grant5 as appropriat8.
RSsk management
In line wlth the requirement loi charlty trustees to undertake a rlsk assessment 6xercise and report
on th8 sarn8 in the.ir annual report, the directors have looked at the risks The Inman Charity
currently laces and have reviewed the safeguards in place. or needing to be put in place, to de41
with them. In addllion lo the risk5 asso-lated with COVID-19 Is66 below), th8 directors have
identified thre8 rna1n areas where risks may occur..
Govern8nc8
Operational
Flnanclal
Governanc8 looks at the continuity ol trusteeship, the skills and background of the directors and
the policies ol regular meetSngs of the directors lo review Iheir aims and activities.
Operational looks at the Tisk inhorent in the delegalion of 81atuttsry and legal requir8ments ol the
charity, ils management and secretarial functions and delegation ol ￿rtain ol those lunclions, 8nd
its grant giving activities.
Flnan¢lal risks includ8 thos8 inherent in delegation of investment management and euslody lo an
indep8ndent investment manager, the operation ol the bank acwunts. the financial record keeping
of the charity. its investment policy, audit and review procedures.
Havlng assessed the major risks to which the charity 18 exposed. In particular thos8 relating to Its
investrnent5 and its finances, the dirgctors believe that by ensuring ctsnlrols exist over key
financial syslem5 incorporatlng the systerns and controls Implemented by Payne Hicks 8each, and
by delegating the invèstment management function to an investment manager, subject to regular
onitoring, including periodic reviews ol performance against bgn¢hm8rk, they have eslablish9d
efleotive Systems to mitigaie those risk8. In reachlng this conclusion, th8 directors have
COn5idored the impact on the charity of the COVID-19 pandemic.
The key risks faced by th8 Charity, as Identified by the director5, are descrfbed below together with
the principal ways in which they are rniligated.

AN CHARITY
DIRECTORS. REPORT- 31ST DECEMBER 2021
GOVERNANCE, STRUCTURE ANO MANAGEMENT Icontinugdl
Risk manag•mgnt Icontlnuedl
The charity's princlpal asset comprises listed investrnents, the value ol which is depend8nt on
movements in VK and world stock markets. The investmgnts ale managed by reputabl8
Investment managers who adher8 to a policy agreed by the director8, The directors meet twice
y8ar with the Investment managers and the manager's perf0m￿nCe and that ol the portfolio are
rnonitowd. The investment strategy is assessed r8gularly to ensure it remains 8ppropriale to the
charitls needs- both now and in the future.
The charity carries out ils objectives by providing grants to institutions that are also UK registered
¢h8rilies, whose oblects comply with th8 charitls criteria. There is a risk that a grant provid8d by
the charity may not r88ch the intended recipient andlor may be used for purtx)8e5 not consislenl
wilh the charity's objects. Whilst the directors are mindful ol th8ir own obligation lo ensure that the
charity benefits the public generally, they take some assuran￿ from the fact that recipients ol
granls are themselv88 rg9ulÈted to ensure that they op8r8te lor the public benefit.
Potential r8cipienis ol grants are idenlifigd by the directors individually in areas where il is
percelved that public benefit will be achieved. The opportunity to benefit is not restricted in any
way oxcept that grants are reslrict8d to bodies registered in the UK, not least to lacilitale the
directors being 8bl8 to follow up on the eflicacy of the grants made. In Ihg other respects grants
are not limited in ap.y way except that the ￿CipIents should have a charitab18 need.
Risks are kept under regular revlew and lully reass8SS8d every three years.
ACTIVITIES, SPECIFIC OBJECTIVES AND RELEVANT POLICIES
Actlvltles and spgcitie obl•ctlves
The directors operBte a grant givir4J policy. provldlng funds for such charitable object or institution
as the director8 thlnk flt.
In 8dditlon to suppOr￿ng a wido range of charitable organisations, the charity makes a regular
payment to the Vlotor Inman Bursary Fund I'the Fund'l al Uppingham School of which the 58tt1or
had been a lif8lon9 SUPPOrter. The charity makes a payment of £25,000 per annum and this is
reviewed annually.
Institutions intending to maka an appeal are directed to the webslte www.inmancharity.tsrg where
mortr detailed information concerning particular areas ol support. appllcation guidelines.
exclusion5 and grants awarded can b8 found.
The directors aim to make gr8nts totalling approximately £350.000 per annum in accordanc8 wilh
Ihe guidelines Set out in the grant giving policy 8$ summarised on the charity'5 Website. bul du8 10
the effects ol Ihts COVID-19 pandemic, limited don8tions were made during 2021.
The directors confirm thal trey hav8 r8ferred to the guidance contained in the Charity
Cornmission'5 guidance on public benefit when roviewing the charity's aims and objectives and in
planning fulurg 8clivilies ai)d settlng the grant rnaking policy lor the year.
The directors therefore con8idor that the eharllys activities are for th8 bènefit of the public
generally.

THE INMAN CHARITY
IRECTORS. REPORT- 31ST DECEMBER 2
21
ACTIVITIES, SPECIFIC OBJECTIVES AND RELEVANT POLICIES Icontlnuedl
Key managernent
The directors consid8r the diredors ol th8 corporate trustee eomprlse the key management
personnel of the charity in charge of ¢Jirecling and controlling, running and operating the charity on
a day to day basis. All d1￿CtOrS give ol their lime freely and no director received any r&mun8rallon
in lh8 year. D8t8ils ol 15ir8Gtors' expenses and rèmuneratlon and any related party Iran8aclions ar&
disclosed in note 4 to the a¢¢ounls12021 no expenses paid). A8 noted above. Ihe day or day
managernent of the chaflty's aolivities. and the implementaiion ol policie5, is delegated to the
Private Client Departrnent of Payne Hlcks Beach.
Investment policy
Thè charity has a portfolio ol listed investments with 8 market value as al 31st December 2021 of
£6.298,086.
There ar8 no restrictions on tho charity's power to invest. The inveslfflenl strategy is agreed
be￿een the directors and the investment manager. and is regularly ￿VIewed. This 15 the subject
of a policy statement which has been completed by the diredor5 and forms an integral part ol the
agreement with the investrnent manager to provlde investment mana9ement service5.
'rhe more 8ignific8nl pThnciples in the statemenl are..
Ih8t thts investment manager shall have due regard lo thg ne8d fr>r diverslfication.
to piovid8 a benchmark lor performance of such 8 slruclured portfolio a composite index is
ulilised, incorporating 25Dlo MSCI UK IMI. 45Q/o MSCI AC World ex VK, 12QA iBoxx £ UK Gills,
10°/o comprised ol iBoxx £ Gilt 1-5yr150Wol and MSCI AC World Index IACWII150%1, 5.5%
18oxx Sterling Corporates. 2.5Yo Bank of England Base Rate.
The new perforffiance benchmark detailed above does not include th6 two property 0011eclives,
being Ihe'chariligs Prop8rty Fund Income. and'mayfair Capital Investment Litniied Property
Income Trust for Charib'es" as Quilter Cheviot dotss not have discretion on these investmènts.
The investment manager is invited lo attend each forrnal meeting of the dlrectors to provlde a
report on the performance ol the portfolio, comparison against the b&nchrnark Ènd general market
issues. The dire¢tor8' invgStm8nt policy was reviewed and adjusled in December 2021.
ACHIEVEMENTS AND PERFORMANCE
Revlew of a¢tlvitig$
Total Investment Income received in th8 year (including interest reeeivablel amounted to
£159,949. which equates to a yield 012.5% (based on the market v8lu8tion of the Investmenl
S88ts at the year endl. There was a net loss of £1.679 on the income received in thg y88f on the
Royal Albert Hall Debentur8 (du8 to COVID-19 rèstrictions and the closure ol the Royal Albert
Hall). The directors awarded grants totalling £230,000 during the year in aoeordance with the
charitvs grant giving policy set out above. A detailed list of all gr8nts and cornmltments made in
the year Is Included In the Appendlx on page 28.
The director8 maintain a lisl of charitable organisations which the charity regularly supports and
this is reviewed at their half yearly meetings.
The dlrectors feel that their objectives have been adequately mel this year.

THE INMAN CH
IRECTORS, REPORT- 31ST DECEMBER 2021
ACHIEVEMENTS AND PERFORMANCE (Continued)
R•vi8w of actlvities Iconllnuedl
However, the directors are aware that there are external factors, which could affect the
achievements ol their objectives as a significant part of the charity's asSBts are made up of
investments and cash, the result ol which are depefjdonl on the general performance of the UK
and overseas Stock markets. As noted above under risk management, In order to mlnimise this.
the dire¢lors have sel prudent investment policSes and place reliance on the investment manager
to monltor and advise on the necessary investment changes and suitable asset allocation. These
aelions have bgen particularly relevant given the impact ol COVID-19.
Inv•stm•nt performance
During lh8 y8ar the charity's listed inveslmenls achieved an income yield o12.5¥. (based on the
valuation ol investment assets at the year endl and, a capital incre8se 0113%. Th8 investment
manager continued lo invest in accord8nce with the directors. investment policy 8$ reviewed and
sel out earlier in Ihis report, Al the end ol the year the charitys portfolio ol investments comprised
of 10% lixed interest, 18% property collectives. 28Vo UK equltie5 and 44Yo overseas equitles and
fixed interest.
The Royal Albert Hall Dehenlure experienced a nel loss in income due lo exceptional
circumslances.
The directors are satisfied with Ihe performancè of tha invèstm8nts and ar9 satisliEd that Ihalr
SnvestrnEnt objectives will be mpl over the medium term.
FINANCIAL REVIEW
Results for the year
A summary of the yearfs results can be found on page 13 of this ￿pOri and accounts.
During th8 year ended 31st December 2021, lolal income amounted to £163,06512020-
£128,942), being income arising from the charilrfs investments and cash depDsIIs.
The director&awarded grants tolalllng £230,00012020- £50.0001. incuried investment
management costs of £25,99412020- £23,786), granl administration ¢0sts 01 £39,99712020-
£37,756), governance costs of £3,144 j2020- £3,048) and a net loss on the Royal Alberi Hall
debenluro of £1,679. Total expenditure was £300.81412020- £114.5901.
There were net inve5ttnent gains during the year of £726.47812020. gains £228.8541.
Thls results in a n8t incr88se in funds during the year of £588.72912020- Increase £243.2061.
Reserves pollcy and flnaneial posllion
ReseNgs polley
Th8 8ndowm8nl fund represents the dlsposal prtsce¢d$ ol 8 property which was received by ¢he
charity on the death of the settlor. The directors have the p¢)wer lo meet adminislralive expenses
Irorn this fund and may apply thg income Irom Ihe fund towaras the general purp088s of th8
charity.

THE INMAN CHARITY
DIRECTORS. REPORT- 31ST DECEMBER 2021
FINANCIAL REVIEW Icontlnuedl
Reserrffrs pollcy (contlnued)
The eharity is operated as a grant giving ¢harily, and the diredors. policy is lo administer Ihe
investment assets OT) an absolute relum basis and usually seek to distribute £350,000 in grants in
each financial year.
Flnanclalposlllon
The balance sheet shows total funds of £6,793.887 comwising gndowment funds of £5.123,201
and unrostrided funds of £1.670,686. The unrestricted fund comprises amounts which ultimately
are free reserves but whieh are held by the directors for investment so as to ensure the continued
generalion ol in¢omg in future pgriods, Ihergby helping 10 safeguard Ihg lon9 tgrm $xislen¢g of the
charily and the achievement of Its oblectives. The size ol the unrestrlcted fund sustains and
supports the levels ol donations which th8 diiect015 wish to rnaintain and enhance over lime. The
dir8otors consider freg reserve5 to b8 adequate bul not excessive in the light of itt8 tharity's
serves policy set out abrlve.
Future plans
The directors do not anlicipale any significant changes to the charity or ils aclivilies over the next
Iwo to fiv& years. It is their intention to mget the following objgCtiV8S'.
To ensure the investment performance achieves the criteria sel by them so Ihal there are
sulficlent funds lo meèt their grant giving policles.
To conts'nue lo make grants al a similar. if not higher, level.
In response to the COVID-19 outbieak. the eharity is proacttvely reviawing grant msklng actlvlties
to onsure continued support to benefic4aries.
The directors have reviewed the rlsks that COVID-19 poses to the charity and concluded that the
d)arily is In a strong linaneial and op8ralion81 position and can ¢ontinu9 10 8UPPOrt bèneli¢laries
now and for the foreseeable future.
Signed on behalf of the directors ol the corporate trustee..
Directors ol the Co
Approved by the directors of the corFK)rate trustee on..
25A.
.2022

THE INMAN CHARITY
Pa
DEPENDENT AUDITOR'S REPORT. 31ST OECEMBER 2021
INDEPENDENT AUDITOR'S REPORT TO THE OIRECTORS OF THE CORPORATE
TRUSTEE OF THE INMAN CHARITY
OPINION
We have audited the accounts of th6 Inman Charity Ilhe'charity'l for th& year ended 31 December
2021 which comprSs& the statèment ol financial activities, the balanco sheet, the prlncipal
ac¢ountlng pollcles and the notes to the accounts. The Iln8n¢ial reportlng framework that has
been applled in their preparation is applicable law and UnStfjd Klngdom Accounting Slandaids,
includlng Flnancial Reporting Standard 102 'The Financlal Reportlng Standard applicable in the
UK and Republic ol Ireland, {Uniled Kingdom Gengially Accepled Accounting Piaclic81.
In our oplnlon. the accounts-.
gSv8 a tnfre and fair view of the stale of the ¢hafity's allalrs as al 31 De￿rnber 2021 and ol ils
Income and expenditure for th& year then onded..
have b&&n properly prepared In accordance with Unlled Klngdom Generally Accepted
Accountlng practi￿.. and
have been prepared In accordance with the requirements of ¢hg Chariti&s Act 2011.
BASIS FOR OPINION
We conducted our audlt In accordance wilh International Standards on Auditing IUKI IISAS IUKII
and appli¢8ble law. Our responsibllllies under those standards ar6 further described in Ihg
audltorfs responslbilities for the audit of the ac¢ounts section of our report. We are Independent ol
the charity in accordance with the 8thi¢al requlrements that are relevant to our audll ol the
8ecounls in the UK, including the FRC'S Elhlc81 Standard. and we have fulfilled our other ethical
responsibilities in accordance wth lhasa requirements. We be15eve that the aiJdSt evldence w8
have obtained is sufficlent and appropriatè to provide a bas18 for our oplnlon.
CONCLUSIONS RELATING TO GOING CONCERN
In audltlng the accounts, we have concluded that the directors. usè of the going concem basis ol
accountlng In thg preparation ol the accounts is appiopiiat&.
Based on the work we have performed, we have not Idenllflèd any material uncert8lnlles relalSng
to events or condillons that, individualty or collecllvely, may cast significant doubl on the charlly's
ability to continue as a going con¢6rn for a period of at least twelve rnonlhs from whgn the
accounts are aulho[Ised for Issue.
Our re8ponsibilllles and the responslbllities of the directors wlh respect to golng concem are
descrfbed In th& rèlevant sectlons ol this report.
OTHER INFORMATION
The dirgclors ale r8sponslblfy for ihe olher Informallc*n. The other information comprlsgs the
Inlormatlon Included in the annual report and accounts other than the accounts 8nd our auditor's
report thereon. Our oplnion on the accounts does not cover Ihe other Informatlon and we do not
express any form of assurance conclusion Ihereon.

THE INMAN CHARITY
Pa
elo
DE
DEN
AUDITOR'S REPORT- 31ST DECEMBER 2021
INDEPENDENT AUDITOR'S REPORT TO THE DIRECTORS OF THE CORPORATE
TRUSTEE OF THE INMAN CHARITY
OTHER INFORMATION Icontlnuedl
In connection wllh our audlt of Ihe accounts, our responslbilily Is to rg8d th6 othèr Snfomialion and,
In dolng so. consid8r whether the other information is materially In¢onslstent with the accounts or
our knowledga obtained in the audit or olhermse appeals lo bo materSally rnisstaled. If we idenllfy
such mat&rlal inconsistencies or apparent maleiial missl8ltsM&nis, we are required lo determine
whtrlhgr thèrè Is a material misslalemenl in the aocounls or a materlal misstatement of th8 Other
Information. 11. based on the work we have p8rfortned, we conclude that there is a maltsrlal
mlsstatem&nt ol this other information, we are requlred lo report that fact.
We have nothlng to report In this regard.
MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION
We have nothing lo report In respect of the followng matlers in relation to whlch tha ChaTilies Act
2011 requires us lo report to you If, in our oplnion=
the information given In the dlrector's annual report is inconsistent In any material respect
with the accounts., or
8uffl¢ient accounting records have not been kept; or
the accounts are not In agreement with the accounting records and relums: or
Wg hav@ not received all the information 8nd 8xplan8lons we require for our audlt.
RESPONSIBILITIES OF DIRECTORS
As explained more fully in the dirgctors. r8sponsibililies statement, the dlre¢tors are responsible for
the preparation ol Ihts 8¢¢ounts and for being satisfied that they give a true and fair view. and for
such internal ¢ontrol as thè directors deiermine is necessary to enable the preparation of 8c¢ounls
Ihat are free from material misstalemenl, whelhor due to fraud or error.
In preparing the accounts, thè dlrectors arg rèsponslble lor assessing the chaiity's ablllty to
continue as a going con¢tsm, dls¢loslng. as applicable, mallers related lo golng concern and using
the going ¢on¢trrn basls ol accounllng unless the directors either Intend to liquidate the charilyor
lo ctrase operallons, or havo no realisllc allernalive bul lo do so.
AUDITOR'S RESPONSIBILITIES FOR THE AUDIT OF THE ACCOUNTS
Our objectives are lo obtain reasonable assuran¢e about whether thè accounts as a whole ar8
free frorn material mlsstalemenl, whelhor (Sue to fraud r)r error. and lo issue an auditor's report that
includes our opinion. Rtsasonablo assurance Is a high level of assurance, bul is not a guarantae
that an audlt ¢onducted In accordance with ISAS IUKI will always delecl a malerlal mlsstat&ment
whgn il oxlsts. Mlsstatèments can arlse from fraud or error and are considered materlal il.
Indlvldually or In the aggregalg, they could reasonably be expected lo Inllu8ncè thè economic
declslons ol users taken on the basis of these accounts.

THE INMAN CHARITY
Pa
e11
INDEPENDENT AUDITOR'S REPORT- 31ST DECEMBER 2021
INDEPENDENT AUDITOR'S REPORT TO THE DIRECTORS OF THE CORPORATE
TRUSTEE OF THE INMAN CHARITY
AUDITOR'S RESPONSIBILITIES FOR THE AUDIT OF THE ACCOUNTS IContlnued}
IrregularSties. Includlng fraud. ar8 instances of non-compliance with laws and regulations. We
design procedures In Ilne ￿th our responslbilill85, oulllned above, lo delect material
rnisslatements in respect ol irregularitles, Sncluding fraud. Th8 oxl&nl to whl¢h our procedures ar8
¢apable of delecling Ir￿gUIanties. including fraud is deialled below..
Our approach to Identlfying and assessing the Ilsks of material misslalernenl in respect of
iriegularities. Sncludlng fraud and non-compliance with laws and regulations. was as follows..
the engagemgnl partner ensured that the engagement learn collectively had the appropriate
eomptstence, capabilities and skills lo identify or recognise non-cornpliance wih applicable
laws and r8gulalions'
we obtalned an understanding of the legal arsd Tegulalory fi8rneworks that are applicable lo
the ¢harltable company and delermin8d that the most significant frameworks which are
dSrectly rolovant lo specific assertions in the financial staternenls are those that relate lo the
reportSng Ir8mewoTk {Slalemenl of Recommended Practice.. Accounting and Reporting by
CharStles prepailng Ihtrir accounts in accordance with the Financial Reporting Standard
applicable In Ihe Unlled Klnfjdom and Republlc of Ireland IFRS 10218nd the Charilios A¢1
20111 and Ihose that relate lo data protection (General Data Protection Reaulationl.
identified laws and regulations were communlcaled wlhln the audit team regularly and the
team rernained alert lo instances of non-cornpllance throughout the audlL
We assessed the susceplibilily ol the companys financial statemanis to matèrial misstal8menl.
Inclu(Jing obtaining an understanding ol how fraud might occur. by..
making enquiries of managem8nt as to th&lr knowlèdge of 8¢tU81, suspe¢lgd and alleg8d
fraud.. and
conslderlng tho Internal controls In place to mlligale risks of fraud and non-compliance with
laws and regulations.
To address the risk of fraud through managemerbt bias and override of controls. we..
performed analytical procedures lo Identify any unusual or unexpgclod relallonships;
assess&d whether judgements and assumptions made In deterrnlnlng th& accountlng
estimatos were Indicative of potential bias,.
lesled aulhorisalion controls on expondlluie Items, ensuring all expenditure was approved in
Ilne with the charitable company's financlal proc¢duros,' and
P8rfomi&d substantive lesling on grant expenditure lo ensure Ihg expendlture Incurred
complied with the fundlng agrèèmtrnls

THE INMAN CHARITY
Pa
e12
INDEPENDENT AUDITOR'S REPORT-
1ST DECEMBER 2021
INDEPENDENT AUDITOR'S REPORT TO THE DIRECTORS OF THE CORPORATE
TRUSTEE OF THE INMAN CHARITY
AUDITOR'S RESPONSIBILITIES FOR THE AUDIT OF THE ACCOUNTS Icantlnuodl
In responsg to Ihg r16k of Irregularities and non-compliance with laws and regulations. we designed
procedures whlch In¢luded, bul were not lirniled lo..
agreelng financial statement disclosures to underfwng supportlng docum8ntatlon'
readlng the mlnules of meellngs of those charged with governance..
enqulrlng of managernenl as to actual and polenllal liligalion and claims.
There are inherent limitations in OLJI audit procedures descrlbed abovg. Tho more removed that
18ws and r8gulalions are from financial transactions, the less likely It is thal we would become
8waie of non-compliance. Auditing standards also limit the audit procedures required to identify
non-compllance with laws and regulations lo enquiry of the directors and other management and
th8 Inspection of rogulalory arid legal correspondence. if any.
Mat&rial mlsstatem6nts that arise due to fiaud can be harder lo delecl than those that arise from
error as they may involve dèllbÈrat6 con¢oalmant or collusion.
A further description of OUT responsibilities for the audit ol the accounts is located on the Financial
Reporting Council's website al wN.frc.org.uklaudliorsresponslbS1itles. Thls d&scrlptlon forms patl
of our auditor's report.
USE OF OUR REPORT
Thi8 report is made solely to the charity's dlrectors, as a body, In accordance with section 145 of
th8 Char51ies Act 2011 and with regulations made under section 154 01 that Acl. Our audil work
has been undertaken so that we might slate lo Ihe charity's direetors those matters we ar&
roqulrod lo slate lo them In an audilorfs report and for no other purpose. To the fullest extent
permitled by law. wo do not accept or assume responsibility lo anyone other than the charily and
the charity's directors as a body. for our audll work, lor thls report, or for the opSnlons we have
fomied.
Buzzacotl LLP
Statutory Aiidilor
130 Wood Street
London
EC2V 6DL
Date.. 27 October 2022
Buzzacoll LLP is eligible to act as an audltor In tem)s of se¢tion 1212 of the Companies Act 2006

THE INMAN CHARITY
STATEMENT OF FINANCIAL ACTIVITIES
R THE. YEAR ENDED 31ST DECEMBER 2021
Unrestrlcted Endowment
Nolas Fund
Fund
Total 2021
INCOME AND ENDOWMENTS FROM..
Investrnenls
Investment income
Interest receivable
Swiss lax reclaim
159.949
29
3,087
159.949
29
3,087
TOTAL INCOME AND ENDOWMENTS
163,065
163.065
EXPENDITURE ON..
Raising funds
Investment managemenl ¢osls
Charitable activities
Promoting and gnhandng
charllable work
5,262
20,732
25,994
241,210
31,931
273,141
Royal Abert Hall Debenture
1,679
1.679
TOTAL EXPENDITURE
248,151
52,663
300.814
NET EXPENDITURE BEFORE
INVESTMENT GAINS
{85,086)
152,6631
1137.7491
Investment gainsllossgs
Reallsèd
Unrealised
72,045
114,028
140,528
399,877
212,573
513,905
NET INCOME AND NET MOVEMENT
IN FUNDS
10D,987
487.742
588.729
RECONCILIATION OF FUNDS
Total funds brought fOn￿ard
al 1st January 2021
1,569.699
4.635.459
6.205.158
Total funds carried forward
al 31 sl December 2021
1,670,686
5.123.201
6.793.887
I rgcognised gains and losses are included In th6 abovo statement of financial acliwlies.
l of the charills aclivilies derivgd from continuing operations during the above
rinancial years.

THE INMAN CHARITY
Pa
814
COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST DECEMBER 2020
Unrestrlcted Endowment
Notes Fund
Fund
Total 2020
INCOMEAND ENDOWMENTS FROM..
Investm&nt8
Investment income
Inlerest rec&ffvable
Earlieryears lax repaymanl written off
Royal Albert Hall D8benture
126,949
107
(57)
1,943
126.949
107
(57)
1.943
TOTAL INCOMEAND ENDOWMENTS
128,942
128,942
EXPENDITURE ON..
Raising funds
Inveslmenl man8gemgnl Gosts
Gharitab18 &Glivities
Promoting and onhancing
charitable wo
4,546
19,240
23,786
60.855
29,949
90,804
TOTAL EXPENDITURE
65.401,
49,189
t14,590
NETINCOME/fEXPENDITURE)
BEFORE INVESTMENTLOSSES
63,541
(49.189)
14.352
Inv8slment gains
Reali$8d
Unrealised
37.584
56,550
(16.004)
150.724
21,580
207,274
NETINCOMEAND NET MOVEMENT
IN FUNDS
75T.675
85,531
243,206
RECONCILIA TION OF FUNDS
To181 funds brought fO￿ard
at 1st January 2020
1,412,024
4,J49,928
5.961,952
Total funds carried fonv8rd
al 31st DeGembgr 2020
1,569,699
4,635,459
6.205,158
All rgcognised gains 8nd losses are Included in the above stslen7ent of fin&ncial activili6s.
All of the charitys activilies derived from conllnuing operations dunng the above Iwo
finanCial￿ar$.

THE INMAN CHARITY
Pa
BALANCE SHEET- 31ST DECE
2021
2020
20
Nolos
2021
2021
FIXED ASSETS
Investments
5,662,823
280,000
Listed Investments
6,298,086
Royal Albart Hall Debenture
280.000
5.942,823
6.578.086
URRENT ASSETS
1,007
305.798
Debtors
Cash at bank and in hand
4,229
296,336
306.805 TOTAL CURRENT ASSETS
300,565
LIABILITIES..
Creditors.. Amounts falling due
within one year
{26,4701
165.7641
280,335
NET CURRENT ASSETS
234,801
6.223,158
TOTAL ASSETS LESS CURRENT LIABILITIE
CREDITORS..
6,812,887
Amounts falling due after more
than one year
{18,000}
10
(19,0001
6,205,158
NET ASSET
6,793.887
THE
UNDS OF THE C
TY
Capital Fund
Endowment Fund
4.635,459
11
5,123,201
Income Funds
Unreslricled Fund
1,569.699
12
1,670,686
6,205.158
TOTAL CHARITY FUNDS
6,793,887
Approved by the directo
Ihe corporate iruslee and signed on thèlr behalf by..
Directors of th
orporale Trustee
Date of Appi'oval..
25A.
thsE
. 2022

THE INMAN CHARITY
Pa
e16
PRINCIPAL ACCOUNTING POLICIES- 31ST DECEMBER 2021
The principal accounting policies adopted, judgernenls and key sources of estimation
uncertainly in the preparation of th8 accounts a￿ laid out below.
Basls of preparation
These accounts have been prepared for the year to 31st December 2021 with comparalivp
informauon given In respect to the year to 31st De¢ember 2020.
The accounts have been prepared under the historical cost convention with items recognised
al cost or transaction value unless otherwise sialed in the rel&vanl accounting policlès below
or the nolas of thgse accounts.
The accounts have been pr8pared In accordance with Accounting and Reporting by Charities:
Statement of Recommended Practice applicable lo charilies proparing their accounts in
accordancè with the Financial Reporting Standard applicable iri the United Kingdom and
Republic of Ireland (Charities SORP FRS 1021 second e(SiliDn issued in Octobar 2019, Iho
Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 and the
Charitlos Act 2011.
The charity conslilules a public benefit entity as defSned by FRS 102.
The accounts are presgnlgd In sltsrling and are rounded lo Ihg nearest pound.
Crltlcal accounting estlmatos and ar•a$ of ludgement
The lull impact following the 8m8rgence of the global Cofonavirus pandemic is still unknown.11
is therefore not currently posslble lo evaluate all the potential impli¢atSons for the charity's
activities, beneliciarl8s and the wider economy. Estimales usfjd in the accounts are subject lo
a greal8r degroe of uneertainly and volatilily. As s$1 out in thes8 accounting policies under
'going ¢oncern' the directors have ¢onsidgFed the impact of the pandemic on the charity and
ha¥'e concluded that although Iheie fflay be some negative CDnsequencgs. It is approtxialts lor
the charity lo ¢onlinue lo prepare ils accounts on the going concern basis.
Preparation of the accounts requires the Irusiees to makg significantjudgemenls and
eslimales.
The ilemg in the accounts whgrg these judgements and eslimales have been made include..
6slimatfjn9 the liability for mulli-yeai grant commitmgnls.
eslimaling the deemad market value of the Royal Albert Hall Dgbenluro.
eslimaling future income and expenditure flows with a view lo assèssing golng concem.

THE INMAN CHARITY
e17
PRINCIPAL ACCOUNTING POLICIES. 31ST DECEMBER 2021
Assessment of golng concern
The directors have assessed whether the use ol the going concern assumption Is appropriate
in preparing these accounts. The directors have made this assgssmenl In respect of a period
of one year from the dale of approval of these accounts.
The directors have concluded that there are no Tnalerial unceriaSntS05 related lo events or
conditions Ihal may cast significant doubl on the abilily of tho charity lo continue as a going
concern. The full impact following the recent emergence of the global coronavlrus pandernic
is still unknown. 11 is therefore not curr¢ntly possible lo evaluate all Iho potential irnplications
for the ¢harSly's aclivilies. baneliciarigs and the wider economy. Eslimales used in the
accounts. particularly with respect lo the value of the Royal Albert Hall deb8nlure 58als are
subject lo a greater degree of uncertainty and volalilily. As set out In the89 accounting policies
under'going concern. the directors have considered the impact of the pandemic on the
charity and have concluded that although there may be some negative consequancgs, It Ss
appropriate for Ihe charity lo Continue lo preparg 115 accounts on the going ¢on¢&rn basis.
The directors arg of the opinion that the charity will have sufficiant iesources to meg1 ils
liabilitias as they fall due and ther0fore despite the global LJncert8inly in relation lo COVID-19,
there are no concerns regarding the charills ability to Continue as a going concern. The most
significant areas of judgement that aflect itèms in the account are detall$d above. With
regard lo the next accounting ￿riOd, the year ending 31 sl De¢$mber 2022, the most
slgnificanl areas that alle¢t the carrying value ol tho assets held by the charily are the level of
investment relurn and the performance ol the investment markets Iso9 tho investrnenl policy
and the risk management sections of the direclors, report for more informalionl.
Income recognltlon
Incom6 is recognised in the period In which the charity has enlitl¢menl lo the income, the
amount of income can be measured reliably and il is probabl8 that the income will be
received.
Income comprises donations. Invoslment incorne from investm6nl¥ and interest from
daposits.
Donallons are recognised when Ihe charity has conlirmatSon of both the amount and
selllemenl date. In the event of donations pledged bul not received, the amount Ss accrued for
where the receipt IS Considered probabl&. In the event that a donatlun Is subjecl to conditions
that require a lovel of performance before the charity is enlilled to the funds, the income is
deferred and not recognised until oithol those conditions ar& lully mel, or the fullilmènl of
those conditions is wholly within the control ol Ihg Gharfty and il is probable that thos
conditions will be fulfilled in the reporting period.
Investment income is recognlsed once the Income has been declared and nolificalion has
been received of the amount due.

THE INMA
CHARITY
Pa
e18
PRINCIPAL ACCOUNTING POLICIES- 31ST DECEMBER 2021
Income ro¢ognltlon Icontlnuedl
Interest on funds held on deposit is includ8d when receivable and the amount can be
measured reliably by the charity,. IhSs Ss normally upon notllication of the inlgiest pald or
payable by thè bank.
Expenditure recognltlon
Liabilitles are recognisfjd as expenditure as soon as there is a18gal or constructive obligation
committing the charity lo make a payment lo a third party, il is probable Ihat a transfer ol
economi¢ bgnolils will be required in settlement and the amount of the obligations can be
moasured reliably.
All expenditure is accounted for on an accruals basis. Expenditure comprises diieGI costs
and support costs. All expenses, including support costs, ale allocated or apportioned to the
applicable gxpendilure headings. The classification between the aclivi11gs 15 as follows..
la} Expenditure on raising funds includes all exp8ndlture associated with raising funds for
tho charity. This includes the fees paid to the investment manager in connection with the
management of the charitls1Ssl&d inveslmenl$.
Ibl Expenditure on charitable activili&s includes all ￿$ts associated with furthgring the
charitable purposes ol tho charity through thè provision of its charitsble aclivilies. Such
costs include charitsble grants payable in promoting and enhancing charitable work
carried out by other charitabl6 organisalions, and related support costs includlng the
cost of admini81erinq the aclivi118s of the charity and ￿0vernanCe costs.
Grants payable are included Sn the slalement of financial activities whèn approved and when
the intended recipient has either received th8 funds or been informed of the decision lo mak8
the donation and ha5 satisfied all r&lal8d conditions. Grants approved bul not paid al the end
of the financlal year are accrued for. Grants wher8 the beneficiary has not been informed or
has to meet certain condllions before the grant is released are not accrued lor bul are noted
as linancial commitments in the not8s lo the accounts.
All expendllure is staled incluslve of irrgcoverable VAT.
Allocatlon of support and governance ¢osts
Support costs represent indirect charitsble expenditure. In ord81 lo carry out th& primary
purposes of tho charity it is n6¢èssary lo provide support in the form of adminislralion
services.
Governance costs comprise the costs involving the publlc accountability of tho Charity
lincluding audit c08181 and costs Sn respect of its Compliance with regulation and good
practice.
Support costs and g0veman￿e costs are apportioned dlr8ctly lo the ong charitable aclivily.

THE INMAN CHARITY
Pa
PRINCIPAL ACCOUNTING POLICIES- 31ST DECEMBER 2021
Flxed assot investments
Listed Investm•nt5
Listed inv8stmenls are a form ol b8sic financial instrument and are initially rècognised at their
transaction value and subsoquenlly measured Bt their fair value as at the balance sheet dat0
using the closing quoted market price.
Th8 chartly does not acquire pul options. derivatives or other complex flnancial instruments.
As noted above the maln form of financial risk faced by the charlly is that a volatility in fjquily
markets and invgslmonl markets due to wder economic conditions. the altitude of investors lo
investment rlsk, and changes in sfjnlirnenl concerning gquilies and within particular sectors or
sub soclors.
Royal Albert Hall Debonture
Two debenture seats were donated to th8 chailly in the year ended 31st December 2017.
The debentures were initially r8cognised at deemed market value. The directors used thg
average sale price of debenture seats in a one year poriod lo provide an estimate of the
deemed market value of the debentures. The directors, policy is lo ievalue the debenlur8s
every three ygais.
Gains and losses
R8allsed gains (or losses) on inveslrnent assets are calculated as the dlfference between
disposal proceeds and their opening carrying value or their pur¢ha8e value is acquired
subsequent to the first day of the financial year. Unrealisad gains and losses aro Calculated
as the diffgrence between the fair value al the year end and their carrying value al that dale.
Realisgd and unrealised Investment gains lor10ssgs1 are credited lor debiledl in the
stalernenl of financial activities in the ygar In which they arise.
Debtors
Debtors are rgcognised at their sottlemenl amount, lèss any provision for non-rgcovgiability.
They have beèn discounted to the present valug of the lulure cash r¢ceSpl where such
discounting is material.
Cash In bank and In hand
Cash at bank and in hand represents such a¢¢ounts and instrumenls that are avaijablo on
demand or have a maturity of less than thrga months from the dale ol acquisition.

THE INMAN CH
RITY
PRINCIPAL ACCOUNTING POLICIES- 31ST DECEMBER 2021
Creditors and provl$lons
Crgdilors and provisions are r$cognised when there Is an obligation al the balanc9 sheet dale
as a result of a past event, il is probabl8 that a transfer of economic benefit will be required in
selllem8nt, and the amount of the selllemenl can be estsmatfjd reliably. Creditors and
provisions are recognised al the amount the charity anticipates il will pay to settle Ihe debt.
They havg been discounted lo the present value of the future cash payment where such
discounllng Is matefial.
Fund ac¢ountlng
The endowmant fund comprises monles which musl be held indafinitely as capital although
certain adminislralive expenses may be mel by the fund. In¢ome Iherefiom is credited to the
unreslricled fund and applied foi general purpos8S.
The unrestricted fund represents funds available for the general chai'itable purposes ol the
charily which may be applied at the dS8crelion ol the directors.
Cash flow
The accounts do not include a cash flow statement because th8 charity Is exempl from the
requir6menl lo prepare such a sialemenl under the Charities SORP IFRS 1021 Update
Bulletin 1.

THE INNfjAN CHARITY
Pa
921
OTES TO THE ACCOUNTS- 31ST DECEMBER 2021
1 INVESTMENT INCOME
Unrestrlct•d
Fund
2020
Unreslrlcted
Fund
2021
57,092 UK equlllgs and collectives
Property collectives
The Charity Property Fund Unlts
MayfaSr Capital Investment Management Ltd.
Property Income Trust for Charities
75,300
15,894
17,484
17.264
18,458
35,942
17,033
29,689
1,985
13.305 UK Govemmenl and Ilxgd Interest securities
20.442 Overseas equities and collèctlves
2.952 Oveiseas fixed interest
126.949
159.949
2 PROMOTING AND ENHANCING CHARITABLE WORK
2021
Total
Fund$
Unrostrlcted Endowmont
Fund
Fund
Grants payable lo inslilulions
Grant adminlslrallon costs
Governance costs (note 31
230,000
9,638
1,572
230.000
39.997
3,144
30,359
1,572
2021 Total funds
241,210
31,931
273,141
2020
Total
Funds
Unrestrl¢ted Endowment
Fund
und
Grants payabl& to Insliluliivjs
Grant adminislralion ¢osts
Govemance Gosts (not8 4)
50,000
9,331
1.524
50,000
37.756
3,048
28,425
1.524
2020 Total ftinds
60,855
29,949
90,804
A dotalled list of tha grants payable to Institutions is glven In the appendix to thgse accounts.

THE INMAN CHARITY
Pa
e22
NOTES TO THE ACCOUNTS- 31ST DEGEM8ER 2021
2 PROMOTING AND ENHANCING CHARITABLE WORK (Contlnuedl
A reconclllallon of the grants payable and grant ¢ommilmenls figures shown In these accounts
Is as follows..
Unrestrlctod
Fund
2020
Unrestrlcted
Fund
2021
31,000 Grant commltment5 al 1st January 2021
55,000 Grants agreed durlng the year
15,0001 Less refund donation no longer rgqulrtsd
24.000
230,000
230.000
81,000 Grants payable
157.0001 Grants pald durlng th8 year
254.000
1222,0001
24,000 Grant commllrnenls al 31st Dè¢8mb&r 2021
32.000
3 GOVERNANCE COSTS
2021
Total
Funds
Unrestrlcted Endowment
Funds
Fund
Stalutory audit fee
1,572
1,572
3,144
2020
Total
Funds
Unrestrlcted Endowment
Funds
Fund
Statutory audit f8e
1.524
1,524
3.048
4 STAFF COSTS. DIRECTORS. REMUNERATION, AND OTHER RELATED PARTY
TRANSACTIONS
The Charily èmployed no staff durlng the wr12020- None).
No dlre¢lor of the corporat8 trustee received any remuneration in respect ol th&lr services
during th& year12020 £nill.
No directors were relmbLJrsed for expendilura Sn¢urred in the performance of thèir duties
during th¢ year12020- £nil for four direclorsl.

THE INMAN CHARITY
e23
NOTES TO THE ACCOUNTS- 31ST DECEMBER 2021
4 STAFF COSTS. DIRECTORS. REMUNERATION, AND OTHER RELATED PARTY
TRANSACTIONS (Continued)
The key managem&nl personnel of the ¢harily in charge of dlre¢lSng and controlling. the charlty
Comprise the directors ol the corporate trusteo.
The total rgmungration lincludSng taxable benefits bul ex¢luding employer's penslon conlribulions}
of the key managèment personnel for th8 year was £nil12020 - £nlll.
Payne Hicks Beach conducted the day lo day admlnlslralion of the charlty durlng the year. The lolal
fees charged for the year18xcluding VAT and disbursfjmenlsl were £33.00012020- £31,000), all of
which remained oulslanding al the year end12020 £9,250).
There w8r8 no other related party transacllons during the y&ar of report12020- Nonel.
S TAXATION
Th& InThan Charity is a registered charity and. thèrefore, Is not liable lo Income tax or corpL)ralion
tax on Incomg or galns derived from its charitable activities as they fall within the exemptions
available to registered charities.
6 INVESTMENTS
2020
2021
LISTED INVESTMENTS
Movèmènts in listed investments duilng the year were as follows..
5,550,551 Markot Value al 1st January 2021
2.751,104 Addllions al cost
12.846.106) Dlsposals al book valu&
Iproc&eds'. £2,129,268.. realised g8lns £212,573)
207,274 Nel unreallsed galns in year
5,662.823
2,038.053
11,916,695)
513,905
5,662,823 Market valua al 3181 Decembei 2021
6,298,086
4,397.329 Cost al 3181 December 2021
5.225.617

THE INMAN CHARITY
e24
NOTES TO THE ACCOUNTS- 31ST DECEMBER 2021
INVESTMENTS Icontlnuedl
All investménts were dealt in on a re¢ognl8ed stock exchange..
2020
2021
Llsted Investments held al 3181 December 2021 comprSse the
followng..
Invèslmenls listed on a UK 81ock exchange
UK aqullies
UK Government and Ilxed interest securities
Propgrty collectives
1,747,352
769,121
827,126
1.756,343
633,351
1,160,347
3.343,599
3,550.041
Overseas Investments
Overseas 8quilies and collectives
Fixed interost
2,174,083
145,141
2.676,487
71.558
2,748,045
5,662,823
6,298,086
Al 31st Decembgr 2021 the follo￿ng Indlvldual holdings had a materlal maikel
value in th8 conlgxl of the enti¥e portlollo..
%of
Portfollo
Value
The Charities Property Fund Units
459,520
Mayfali C&plt81 Investment Managoment Ltd.
Property Income Trust for Charflies
428,589
7 DEBTORS
2020
2021
Dividends awaStlng rocelpl
1.007 A¢¢rued income
Tax repayable
144
998
3.087
1,007
4.229

THE INMAN CHARITY
Pa
e25
NOTES TO THE ACCOUNTS- 31ST DECEMBER 2021
8 CASH AT BANK AND IN HAND
2020
2021
224,823 CAF Bank
79,032 Quilter ChevS01
1,943 Payne Hicks Beach
259.232
35.840
1.264
305,798
296,336
9 CREDITORS,. AMOUNTS FALLING DUE WITHIN ONE YEAR
7.020
2021
11,286 Grant admSnlslralion costs
Slalulory audlt foos
For the year trnded 31 De￿mber 2020
For the year ended 31 December 2021
39,868
3,048
3,048
3,144
6.192
6.586
6,136 Investment managels fees
Grants
Inman Charity Und6rgraduale Dental Research Award
lal King's College London)
Inman Charity Medical Research Fund
lat Klng's College London)
Payment recelved in error by CAF Bank Account
6.000
6,000
7,000
118
26,470
65.764
10 CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR
2020
2021
Inman Charity Undergraduate Dental Research Award
lat Klng's College London)
Inman Charity Mgdical Research Fund
lal King's College London)
18,000
12,000
7,000
18,000
19,000

THE INMAN CHARITY
e26
NOTES TO THE ACCOUNTS- 31ST DECEMBER 2021
11 ENDOWMENT FUND
At 1 January
2021
Investment
enditure Gainsl
Ioss8S
At 31 December
2021
Incoma
4.635,459
152,6631
540,405
5,123,201
At l January
2020
Investment
Ex
Income ￿￿dIlure Gains/
losses
At 31 December
2020
4,549,928
f49. 189)
134, 720
4.635.459
The endowment fund represents the disposal proceeds of a propgrty which was re￿IVed by the
Charity on th8 dèath of the Settlor. The directors have the Power lo Me8t adtninislralive expenses
from the endowmenl and the income may be applied towards the 98ngral objects of the charily.
12 UNRESTRICTED FUND
At 1 January
2021
Investment
gndlture Gainsl
losses
At 31 Dè¢embtrr
2021
Income
Ex
1,569,699 163,065
1248,1511
186.073
1.670,686
At l January
2020
Investment
ndlture Gains/
losses
At 31 De¢ember
2020
Income
Ex
1,412.024 128,942
(65,401)
94,134
1.569.699
Tho unrgslricled fund includes monies sel aside by the directors for the purpose of providing a
continulng source of income lo the charity, thereby safeguarding its future.
13 ANALYSIS OF NET ASSETS BETWEEN FUNDS
Funds balance$ at 31st December 2021 are represented by..
Unrestrlcted Endowment
Fund
Fund
Total
Funds
Listed invtsslments
Royal Albèrt H811 Debenture
Current assats
Creditors= amounts falling due within one year
amount falling due after one year
1,093,816
280,000
342,894
127.0241
119,0001
5.204,270
6,298,086
280,000
300,565
(65.7641
119.0001
142.3291
138,7401
1,670,686
5,123.201
6,793.887

E INMAN CHARITY
e27
NOTES TO THE ACCOUNTS- 31ST DECEMBER 2021
13 ANALYSIS OF NET ASSETS BETWEEN FUNDS (Continued)
Unrestricted Endowment
Fund
Fund
Total
Funds
Unraalised gains on listed investments
199.739
872.730
1,072.469
Reconciliation of movements in
unrealised gains on investment assets
Unrealisgd gains al 1st January 2021
Adjusted in respo¢t of disposals in year
295,984
1210,273}
969,511
1496.658)
1,265.495
1706.9311
85,711
472,853
558,564
Less.. Nel gains arising on
inveslrnenl revaluation in year
114,028
399,877
513,905
Unrealised gains al 31st December 2021
199.739
872,730
1,072,469
Funds balanGgs at 31st D$cember 2020 are represenled by..
Unrestricted Endowment
Fund
Fund
Total
Funds
Lisled invBslments
RoyalAlb8rt Hall D8b8nlure
Current assels
Cr8dilor8.- amounts falling due within one year
amount falling due after one year
989, 124
280,000
330, 733
fll,558)
(18,000)
4.673,699
5.662.823
280,000
306,805
(26,470J
(f 8,OOOJ
(23,328)
(14,912)
1,569,699
4.635.459
6.205.158
Unr881i$8d gains on listed investments
295,984
969,511
1.265,495
Re¢onGili&lion of movements in
unroalisfyd geins on invgslmenl assets
Unrealised gains al Isl J&nuary 2020
Adjusted in respect of disposals In y&ar
647,480
f408,046)
1.484.894
(666, IOT)
2. 132.374
(1.OT4, 153J
239,434
818, T8T
1.058.221
Less.. Net galns arising on
investment revaluation in ye8r
56.550
150, 124
207,274
Unr881i8ed gaAns al 31sl December 2020
295,984
969.511
1.265.495

THE INMAN CHARITY
Pa
e28
APPENDIX TO THE ACCOUNT
1ST DECEMBER 2021
GRANTS AGREED DURING THE YEAR..
ount
Btsrsary Fund
Victor Inman Bursary Fund at Uppingham School
Medical. Research
Bowel Cancer UK
Macular Society
St Maik's Foundation
National Eye Re588rch Centre
All of us Versus Arthritis
Pr()5t8te Cancer Research Centrg
Muscular Dystrophy UK
Kings College London- Inman Charfty Medical Research Fund
2021
2022
2023
25,000
6,000
6,000
6,000
6,000
6,000
6,000
6,000
7,000
7.0(X)
7,000
21,000
10,000
Roy Castle Lung Cancer Foundation
Soclal- Hospices
Hospice UK
Woking & Sam Bear8 Hospice and Wellbeing Care
North LoTFdon Hospice
Gr831 Oaks- Doan Forest H08pice
The Norfolk Hospic8- Tapping House
FlO￿nCe Nightingale Hospice Charity
S¢¢ial- Older People
FISH Neighbourhood Voluntary Care Schetne
Dern8ntia Support- Chlchester Wesl Sussex
Woslwood - Sheffield
So¢lal. Deaf and 81ind
Deal Blind UK
BID S$rvices- Deaf Eldèrs SetWC8S
Wallhew House
Oxfordshir8 Association for the Blind
Listening Books
Soclal- Dlsabl8d and Welfare
Samaritan5
Queen Elizabeth's Foundation for Disabled People
Bi8hop Creighton Hou88
The AHOY Centre
Carer5 N81work
Changin9 Faces
Hol Line Meals Servi
MaY1￿e Respitè Centre
General and Armèd Foregs
Royal 8ritish LegSon
Combat Stress
Royal Albert Hall
The Royal Marsden Cancer Charity
10,000
3,000
5.000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
4,000
5,000
5,000
5.000
5.000
5.000
5.000
5,000
s.000
5.000
5.000
5.000
5,000
5,000
5,000
5.000
230.000
Total grants and donations paid to Inslitutions during 2020 amounted lo £ILQQQ.