2020-12-31-accounts

Incoming res	Incoming res	ources and forwa	rd commitments
The Trustees		do not anticipate	additional resources being	put into	the Trust, other than		very small	royalty
payments.	At	the year end the	Trust had future conditional	grant	commitments	of approximately		f40,422
(2019 - F30,000).
REFERENCE		AND ADMINISTRATIVE DETAILS
Registered		charity number	265856
Trust secretary			Daphne RWassermann
Registered		office	51 Westbourne Gardens
			Glasgow G12 9XF
Trustees			Daphne Wassermann
			Carolyn Hayman OBE
			Charlotte Wassermann
			Ruth Wassermann
			Fran Bury
			Ellie Bury
			Sheila Hayman (observer)
Solicitors			John Byme and Co
			Sheraton House
			Castle Park
			Cambridge CB3 OAX
Investment		manager	Waverton Investment Management		Limited
			16Babmaes Street
			London SW1Y6AH
Bankers			Co-operative Bank pic
			PO Box250 Delf House
			Southway Skelmersdale
			Lancashire WN8 6GH
Independent		Examiner	Mr D Terry FCA
			Ramon Lee Ltd
			93Tabernacle Street
			London EC2A 4BA

								Unrestricted	Restricted	Total	Total
							Notes	Funds	Funds	2020	2019
									8	f
Income
Donations								2,302		2,302
Investment	income							42,033		42,033	43,562
Total income								44,335		44,335	43,562
Expenditure
Cost of raising			funds					23,409		23,409	18,453
Expenditure		on	charitable		activities			68,317		68,317	71,750
Total expenditure								91,726		91,726	90,203
Net Income		I(expenditure)				&net
movements		in	funds before			gains &losses		(47,391)		(47,391)	(46,641)
Net gains/losses			on	investments			7	115,605		115,605	246,603
Net movement			In funds					68,214		68,214	199,962
Reconciliation		offunds
Total funds,		brought		forward				1,771,667		1,771,667	1,571,705
Total funds,		carried		forward				1,839,881		1,838,881	~1,777, 87

		Notes		2020			2019
						6
Fixed assets
Investments					1,753,242		1,754,799
Current assets
Cash at bank and in hand			107,417			18,068
			107,417			18,068
Liabilities
Creditors falling due with	in one year	8	(20,778)			(1,200)
Net current assets					86,639		16,868
Net assets					1,839,881		~7,777,6 7
The funds ofthe charity
Unrestricted funds					1,839,881		1,771,667
Restricted funds
Total charity funds					1,839,881		1,771,667

INCOMIN	G RESOURCES FROM CH	ARITABLE	ACTIVITIES	ACTIVITIES
		Unrestricted	Restricted		Total	Total
		Funds f		Funds f	2020 f	2019f
CAF from	Walter Haymen	2,302			2,302
		2,302			2,302
NVESTM	ENT INCOME.
		Unrestricted		Restricted	Total	Total
			Funds	Funds	2020f	2019
Dividend	income from listed investments		40,182		40,182	42,229
Interest from Bonds			1,250		1,250	1,250
Royalties			601		601	83
			42,033		42,033	43,562

EXPENDIT	URE ON	C	HARITABLE A	CTIVITY
				Raising		Total	Total
				Fundsf	Donationsf	2020f	2019f
Grants and	donations	(Note 6)			68,317	68,317	71,750
Investment	management		fees	21,458		21,458	16,745
Governance	cost (Note		5)	1,320		1,320	1,200
Support cost (Note 5)				631		631	508
				23,409	68,317	91,725	90,203

			General
			Support	Governance	Total	Total
			Costsf	Costs	2020f	2019f
Subscription			631		631	500
Bank charges						8
Independent	examination	fees		1,320	1,320	1,200
			631	1,320	1,951	1,708

Grants wer	e payable to charitable bodies within the	Trust's focus areas as follows:
		2020	2019
			6
Climate change		43,500	67,000
Individuals	in need	650	1,250
Peace and	recondllation		3,500
Refugees	in the UK	22,000
Education		2 167
		577377

charitable organisa	tions and individuals.
Beneficiary:		Amount
Ashanti		2,500
Life Mosaic		10,000
Hackney Migrant	Project	4,400
Lewisham Refugee		4,400
Refugee Survival	Trust	4,400
The Destitution Project		4,400
Hope Projects		4,400
Tiyeni		15,000
Birkbeck College	via DRW for Nalougo fees	2,167
Groundswell international		15,000

						2020	2019
Market value,	brought	forward				1,754,799	1,489,639
Additions						379,261	410,154
Disposals						(496,424)	(391,597)
Net realised/unrealised		investment		gains		115,605	246,603
Market value,	carried	forward				~1,753, 42	1,754,799
Historical cost						1,320,802	1,406,709
All investments	are quoted		on a recognised		Stock Exchange	and comprise of:
UK Equities						136,993	177,147
UK Fixed Interest Stocks						107,290	155,420
UK Bonds						25,000	25,000
Overseas Equities						1,259,586	1,154,579
Alternatives						224,374	242,653
						1,753,242	1,754,799

LIABILITI	ES:AMOUN	TS FALLING DUE WITHIN	ONE YEAR
			2020	2019
			6	6
Accruals:
Independent	examintaion	fees	1,320	1,200
Investment	management	fees	4,458
Grant			15,000
			20,778	1,200

MOVEMENT	OF FUNDS
		Balance			Gain/(Loss) on	Balance
		at 01.01.20 F	Income 6	Expenditure 6	Investments f	at 31.12.20 6
Unrestricted	funds
General Funds		1,771,667	44,335	91,726	115,605	1,839,881
Total funds		1,771,667	44.335	91,726	115,605	~1,839,88

			Balance			Gain/(Loss) on	Balance
			at 01.01.19	Income	Expenditure	Investments	at 31.12.19
			F		E
Unrestricted		funds
General	Funds		1,571,705	43,562	90,203	246,603	1,771,667
Total funds			1,571,705	43,562	90,203	246,603	1,771,667

ANALYSIS OF NET ASSET	S BETWEEN FUNDS
	Unrestricted	Restricted	Total	Total
	Funds	Funds	2020	2019
	E		6	6
Fixed Asset Investments	1,753,242		1,753,242	1,754,799
Net current assets	86,639		86,639	16,868
			1,839,881	1,771,667
Analysis ofnet assets between funds —previous year
	Unrestricted	Restricted	Total	Total
	Funds 6	Funds 6	2019f	2018
Fixed Asset Investments	1,754,799		1,754,799	1,489,638
Net current assets	16,868		16,868	82,067
	1,771,667		1,771,667	1,571, 05