## ## ## ## ## ## |Name of|charity|charity||The Foulkes Foundation||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Governing||instrument||Deed dated 26 September|1974|||||||||| |Charity|registration||number|265166||||||||||| |Trustees||||The Trustees as at the date of||these financial||||statements||are:-||| |||||Mrs Maureen
Foulkes-Hajdu||(Executive|||Chairman)|||||| |||||Mr Andrew J Hall (Secretary)||||||||||| |||||Mrs Georgina Benton (Registrar)||||||||||| |||||Sir Walter Bodmer||||||||||| |||||Mr Simon Ellen||||||||||| |||||Mr Nicolas Hajdu||||||||||| |||||Professor Muzlifah
Haniffa||||||||||| |||||Professor Sir Alex Markham||||||||||| |||||Professor Colin Self||||||||||| |||||The power ofappointing|new|Trustees||is|vested||in the continuing|||Trustees.| |Advisory||panel -United Kingdom||Professor Eileen Joyce - Chair
Professor Alastair Compston CBE||||||||||| |||||Professor Andrew
Copp||||||||||| |||||Professor Denis Talbot||||||||||| |||||Professor John Williams|CBE|||||||||| |Advisory||panel - Israel||Professor Moshe Oren -|Chair|||||||||| |||||Professor Yehudit Bergman||||||||||| |||||Professor Ohad Birk||||||||||| |||||Professor Lior Gepstein||||||||||| |||||Professor Yossi Shiloh||||||||||| |Principal||address||37 Ringwood
Avenue,
London|||N2 9NT|||||||| |Specific|investment||powers|The Trustees have unfettered
by Mr Andrew
J Hall
and||investment
Mr Simon|||powers
Ellen||and are currently
advised
on the
overall
investment|||| |||||strategy offunds held.||||||||||| |Secretary||||Mr Andrew J Hall||||||||||| |Bankers||||National
Westminster
Bank pic||||||||||| |||||Moorgate||||||||||| |||||London EC2M 6UR||||||||||| |Brokers||||Sarasin k, Paitners LLP||||||||||| |||||London EC4M 8BU||||||||||| |Auditors||||West Wake Price LLP||||||||||| |||||The Mezzanine
Floor||||||||||| |||||68 Cornhill||||||||||| |||||London EC3V 3QX||||||||||| ## ## ## ## ## ## ## ## ||2022|2021| |---|---|---| |Fixed Income|7.00|11.03| |Equities
Property
Alternative
Investments|69.80
5.60
12.70|72.64
2.43
8.02| |Liquid Assets|4.90|5.88| ## ## ## ## ## ## ## ## |||||Notes||2022||2021| |---|---|---|---|---|---|---|---|---| |Fixed assets||||||||| |Tangible fixed assets||||||3.00||3.00| |Investments||||||2,140,134.00||2,135,293.00| |||||||2,140,137.00||2,135,296.00| |Current
assets||||||||| |Debtors||||8|1,242.50||2,797.50|| |Cash at bank|||||111,856.82||94,355.00|| |Sarasin &Partners|income and investment||account||1,103.21||0.32|| ||||||114,202.53||97,152.82|| |Liabilities:
amounts
Grants payable|falling due within|one|year|12|37,214.26||40,500.00|| |Net current assets||||||76,988.27||56,652.82| |Total assets less current liabilities||||||2,217,125.27||2,191,948.82| |Liabilities:
amounts
Grants payable|falling due aAer|one year||12||15,713.10||18,835.68| |Total net assets||||||K2,201,412.17||X2,173,113.14| |Total charity funds||||||X2,201,412.17||K2,173,113.14| ## ## ## ||||FOR TH|E YEAR ENDED 5AP|RIL 2022|| |---|---|---|---|---|---|---| |||||Notes|2022|2021| |Income||||||| |Non-Gift aid donations|||||1,000.00|1,500.00| |Gift aid donations|||||4,770.00|10,990.00| |Gift aid tax reclaim|||||1,192.50|2,753.75| |Miscellaneous
income|||||1,117.98|993.76| |Incomeft om investments:||||||| |Dividends
from UK Companies||||||26,257.04| |Dividends
from non-UK|Companies|||||4,079.63| |Gross investment
income|||||58,746.32|42,992.17| |Interest from interest bearing||bank accounts|||9.76|25.06| |Interest from interest bearing||broker accounts|||2.46|15.79| |Total income|||||66,839.02|89,607.20| |Expenditure||||||| |Cost ofraising fimdst||||||| |Invesnnent
management|charges||||15.00|5,747.52| |Expenditure
on charitable||activities||||| |Grant and Prizes|||||56,241.68|54,285.68| |Support costs|||||24,434.40|22,875.00| |Publicity costs|||||3,110.32|3,174.90| |Management
and administration|||ofcharity||9,579.59|9,672.70| |Total expenditure|||||93,380.99|95,755.80| |Net expenditure
before|gains and losses on|||investments|(26,541.97)|(6,148.60)| |Net gain/(loss)
on investments|||||54,841.00|309,493.89| |Net income/(expenditure)||for|the year||28,299.03|303,345.29| |Reconciliation offitnds||||||| |Total funds brought
forward|||||2,173,113.14|1,869,767.85| |Total funds carried forward|||||f2,201,412.17|K2,173,113.14| ## ## ## ## ## ## ## ## ## ## |Tangible fixed assets|Computer,
accessories|Office
Equipment|Portrait|Total| |---|---|---|---|---| |Cost or valuation
Balance 6 April 2021|1,095.96|204.96|1,137.15|2,438.07| |Additions
for the year
Balance 5 April 2022|f.1,095.96|f204.96|KI,137.15|X2,438.07| |Accumulated
depreciation
Balance 6 April 2021|1,094.96|203.96|1,136.15|2,435.07| |Charge for the year
Balance 5 April 2022|KI,094.96|X203.96|KI,136.15|K2,435.07| |Net book value 5 April 2022|KI.OO|KI.OO|KI.OO|53.00| |Net book value 5 April 2021|KI.OO|XI.OO|KI.OO|f.3.00| |Fixed asset investments
Market value 6 April 2021||||2,135,293.00| |Additions
during the year at cost
Disposals
during the year at market value
Realised gains/(losses)
on disposals
Unrealised
gains/(losses)
on investments||||(50,000.00)
2,172.16
52,668.84| |Market value 5 April 2022||||K2,140,134.00| |Historical cost at 5 April 2021||||2,384,167.92| |Book value of additions
Book value ofdisposals||||(45,945.19)| |Historical cost at 5 April 2022||||K2,338,222.73| ||The Trustees consider individual|The Trustees consider individual|investment
holdings|in excess of5%ofthe portfolio|in excess of5%ofthe portfolio|value to be material|and they are:| |---|---|---|---|---|---|---|---| |||||Value|||| ||Sarasin|Endowment
Funds||2,140,134|100.00||| |||||||2022|2021| |4.|Grants|8r, prizes to individuals|||||| ||Grants:
Paid to
Paid to
Prizes:|U.K.Fellows
Israeli Fellows
Paid to UK Fellow - The 2021 Foulkes Foundation
Medal
Paid to The Foundation's
New Pre-Selector||||25,500.00
26,666.68
1,500.00
75.00|30,000.00
24,285.68| |||Paid to Israeli Fellow -2021 Research Prize||||2,500.00|| |||||||556,241.68|f54,285.68| ## ## ## ## ## ## ## |During the year ended 5April 2022, thefollowing
amounts
w|ere paid to Fellows:-||| |---|---|---|---| ||United||| ||Kingdom|Israeli|| ||Grants|Grants|Total| |Balance brought forward
—committed
Amounts
falling due within one year
Amounts
falling due after more than one year|(23,000.00)
(11,050.00)|(17,500.00)
(7,785.68)|(40,500.00)
(18,835.68)| |Grants commencing
30 September 2018|1,000.00|1,500.00|2,500.00| |Grants commencing
30 September 2019|10,000.00|6,000.00|16,000.00| |Grants commencing
30 September 2020|12,000.00|10,000.00|22,000.00| |Grants commencing
30 September 2021|10,575.00|7,500.00|18,075.00| |Balance carried forward-
committed
Amounts
falling due within one year
Amounts
falling due after more than one year|20,500.00
5,475.00|16,714.26
10,238.10|37,214.26
15,713.10| ||f25,500.00|f26,666.68|f.52,166.68| |Current
commitments
to Fellows as at 5April 2022|||| ||United||| ||Kingdom|Israeli|| ||Grants|Grants|Total| |Grants
corn&nencing 30September 2018|||| |Last payments
falling due on 30 June 2021|||| |Grants commencing
30September 2019|||| |Last payments
falling due on 30June 2021
Last payments
falling due on 30 June 2022|2,050.00|1,000.00|3,050.00| |Grants commencing
30September 2020
Last payments
falling due on 30 June 2022
Last payments
falling due on 30June 2023|1,500.00
7,500.00|1,428.58
5,357.10|2,928.58
12,857.10| |Grants commencing
30September 2021
Last payments
falling due on 30June 2022
Last payments
falling due on 30 June 2023
Last payments
falling due on 30June 2024|1,050.00
10,500.00
3,375.00|4,166.65
15,000.03|1,050.00
14,666.65
18,375.03| |Total current
commitments|525,975.00|f26,952.36|652,927.36| |Amounts
falling due within one year|f20,500.00|f16,714.26|f37,214.26| |Amounts
falling due aAer more than one year|f5,475.00|f10,238.10|f15,713.10| ## ## ## ## ## ## ## ## ## ## ##