DoGuSign Envelope ID". 89D7B8F3-731A4DB4.963C-3DA713B20BEO CRAPS CHARITABLE TRUST ANNUAL REPORT • Year ended 5 April 2021 • Charity number.. 271492 DoGuSign Envelope ID". 89D7B8F3-731A4DB4.963C-3DA713B20BEO CRAPS CHARITABLE TRUST CONTENTS Section Page Report of the Trustees Independent Auditor's Report Statement of Financial Activities Balance Sheet Notes to the Accounts 10-13 Schedules of Investments 8nd Income.. Unquoted 14 Cazenove Investment Manager 15-25 Julius Baer 26-41 DoGuSign Envelope ID". 89D7B8F3-731A4DB4.963C-3DA713B20BEO CRAPS CHARITABLE TRUST REPORT OF THE TRUSTEES For the year endod 5 April 2021 The Trustees present an annual report and financial slalements for the year ended 5 April 2021. The financial statements are prepared in accordance with the accounting policies in note 2. Constitution Craps Charitable Trust is constituted by a Declaration of Trust dated 4 March 1976 and registered with the Charity Commission under registration number 271492. Trustees The Trustees, who served throughout the year, were." Mr Jonathan Paul Maurice Dent Miss Caroline Sarah Dent Miss Louisa Rachel Dent Neither the Trustees nor any persons connected with them received any remuneration or reimbursement of expenses during the year. Independent Auditor Grant Thornton UK LLP, Stalulory Auditor and Chartered Accountants and address for communication Victoria House, 41h Floor, 199 Avebury Boulevard, Central Milton Keynes, MK9 1AU Investment Advisers Cazenove Capitsl 1 London Wall Place London, EC2Y SAU Julius Baer 1 St Martin's Le Grand London, EC1A 4AS Objective5 and Grant Making Policy The Trustees have broad discretion to apply the capital and income of the Trust in the form of gonts lo any one or more of the following. The Friends of the Hebrew University of Jerusalem. Children and Youth Aliyah Committee for Great Britain. Norwood Home for Jewish Children (Jewish Orphanage). The British Technion Society. The Society of Friends of Jewish Refugees. The Home and Hospital for Jewish Incurables. Joint Palestine Appeal. The Board of Guardians and Trustees for the Relief of the Jewish Poor Registered. Such other Charities situated within the United Kingdom of Great Britain and Northern Ireland and elsewhere as the Trustees In their absolute discretion may select. Public Benefit In the past twelve months we have reviewed our aims and objectives and in undertaking this exercise we have considered the Charity Commission's guidance on public benefit. ## _Reserves Policy_ ## _Investment Powers and Policy_ ## _Risk Management_ DoGuSign Envelope ID". 89D7B8F3-731A4DB4.963C-3DA713B20BEO CRAPS CHARITABLE TRUST REPORT OF THE TRUSTEES For the year endod 5 April 2021 statement of Trustees. Responsibilities The Trustees are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and regLJlalions. The Charities Act 2011 requires the Trustees to prepare financial statements for each financial year. The Trustees have lo prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Pmctice (United Kingdom Accounting Standards and applicable lawl, including FRS102 The Financi81 Reporting Standard applicable in the UK and Republic of Ireland. The Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these financial stalemenls, the Trustees are required lo". select suitable accounting policiès and then apply them consistently", observe the methods and principles in the applicable Charities SORP IFRS1021', make judgements and accounting eslimales that are reasonable and prudent., state whether applicable UK Accounting Standards have been followed, subject lo any material departures disclosed and explained In the financial stalemenls., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain the charity's transactions and disclose with reasonable accuracy at any lime the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the charity and hence ft)r tsking reasonable steps for the prevention and detection of fraud or other irregularities. Approved by the Trustees on 241112022 and signed on their behaW by. JPMDent Trustee DoGuSign Envelope ID". 89D7B8F3-731A4DB4.963C-3DA713B20BEO CRAPS CHARITABLE TRUST Independent auditor's report to the trustees of Craps Charitable Trust Opinion We have audited the financial statements of Craps Charitable Trust (the 'charity'l for the year ended 5 April 2021, which comprise the Statement of Financial Activities, the Balance Sheet and notes to the financial statements, including 8 summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102., The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally AC￿pted Accounting Practice). In our opinion, the financial stalemenls.. give a true and fair view of the state of the charity's affairs as at 5 April 2021 and of its incoming resources and application of resources for the year then ended", have been properly prepared in accordan￿ with United Kingdom Generally Accepted Accounting Practi￿,. and have been prepared in 8ccord8nce with the requirements of the Charities Aet 2011. Basis for opinion We have been appointed as auditor under section 145 of the Charities Act 2011 and report in aecord8nce with regulations made under section 154 of that Act. We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the 'Audilorfs responsibilities for the audit of the financial stalemenls, section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant lo our audit of the financial slalemenls in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in 8ecord8nce with these requirements. We believe that the audit evidence we have obtsined is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern We are responsible for concluding on the appropriateness of the trustees, use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability lo continue as a going GOn￿rn. If we conclude that a material uncertainty exists, we are required to draw attention in our report lo the related disclosures in the financial slalemenls or, if such disclosures are inadequate, to modify the auditor's opinion. Our conclusions are based on the audit evidence obtsined up lo the dale of our report. However, future events or conditions may cause the charity to cease lo continue a5 a going concern. In our evaluation of the Iruslees, conclLJsions, we considered the inherent risks associated with the charity's business model including effects arising from macro*conomic uncertainties such as Brexit and Covid-19, we assessed and challenged the reasonableness of eslimales made by the Iruslees and the related disclosures and analysed how those risks might affect the charity's financial resources or ability lo continue operations over the going concern period. 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 doubl on the charity's ability to Continue as a going concern for a period of at least Iwelve months from when the financial statements are authorised for issue. In auditing the financial slalements, we have concluded that the Iruslees, use of the going con￿rn basis of accounting in the preparation of the financial stslements is appropriate. The responsibilities of the trustees with respect to going concern are described in the 'Responsibilities of Iruslees for the financial statements, section of this report. DoGuSign Envelope ID". 89D7B8F3-731A4DB4.963C-3DA713B20BEO CRAPS CHARITABLE TRUST Other information The trustees are responsible for the other information. The other information comprises the information included in the Trustees, Annual Report, other than the financial statements and our auditor's report Ihereon. Our opinion on the financial statements does not cover the other information and, except lo the extent otherwise explicitly slated 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 lo read the other information and, in doing so, consider whether the other information is materially inconsislenl with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstsled. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required lo 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 lo report to you if, in our opinion. the information given in the Trustees, Annual Report is inconsistent in any material respect with the financial stalemenls,. or the charity has not kept sufficient awounling records., 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. Responsibilities of trustees for the financial Statements As explained more fully in the Trustees, Responsibilities Slalement set out on page 3, the Iruslees are responsible for the preparation of the financial statements which give a true and fair view, and for such intemal control as the Iruslees determine is necessary lo enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial stalemenls. the Iruslees are responsible for assessing the charity's ability lo continue as a going concern, disclosing, as applicable, matters related to going coneern and using the going concem basis of accounting unless the Iruslees either intend lo liquidate the charity or lo cease operations, or have no realistic alternative bul to do so. Audltor's responslbllltles for the audlt of the flnanclal statements Our objectives are to obtain reasonable assurance about whether the financial stslements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assuran￿ is a high level of assurance but is not a guarantee that an audit conducted in accordan￿ with ISAS IUKI will always delecl a material misstalemenl 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 tsken on the basis of these financial statements. 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.or .uklauditorsres onsibilities. This description forms part of our auditor's report. DoGuSign Envelope ID". 89D7B8F3-731A4DB4.963C-3DA713B20BEO CRAPS CHARITABLE TRUST Explanation as to what extent the audit was considered Capable of detecting irregularities, including fraud Irregularities, including fraud, are instsnTrs of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to delecl material misstatements in respect of irregularities, including fraud. Owing to the inherent limitations of an audit, there is an unavoidable risk that material misstalemenls in the financial statements may not be detected, even though the audit is properly planned and performed in accordance with the ISAS IUKI. The extent to which our procedures are capable of detects'ng irregularities, including fraud is detailed below.. We obtained an understanding of the legal and regulatory frameworks that are applicable to the charitable company and the sector in which il operates. We determined that the following laws and regulations were most significant." The Financial Reporting Standard applicable in the UK and the Republic of Ireland IFRS 1021, Charities SORP IFRS 1021, Charities Act 2011 and Data protection Act2018. We communicated relevant laws and regulations and potential fraud risks lo all engagement team members and remained alert lo any indications of fraud or non-eompliance with laws and regulations throughout the audit. We enquired of management and those charged with governan￿, concerning the Charity's policies and prO￿dureS relating lo.. o the identification, evaluation and compliance with laws and regulations., and the detection and response lo the risks of fraud. We enquired of management and those charged with governan￿, whether they were aware of any instances of non-compliance with laws and regulations or whether they had any knowledge of actual, suspected or alleged fraud. We corroborated the results of our enquires lo relevant supporting documentation. We assessed the susceptibility of the Charity's financial ststemenls to material misstatement, including how fraud might occur and the risk of management override of controls. Audit procedures performed by the engagement team included.. Identifying and assessing the design effectiveness of certain controls management has in place lo prevent and delecl fraud", o lesling manual journal entries, in particularjournal entries relating to management estimates and entries determined to be large or relating to unusual Iransaclions", o identifying and testing related party transactions. Assessment of the appropriateness of the collective Competen￿ and capabilities of the engagement team included consideration of the engagement team's.. o understanding of, and practical experience with audit engagements of a similar nature and complexity through appropriate training and participation", knowledge of the industry in which the client operates., o understanding of the legal and regulatory requirements specific lo the Charity including.. the provisions of the applicable legislation., the applicable slatulory provisions. We did not identify any matters relating lo non-complian￿ with laws and regulation and fraud. In assessing the potential risks of material misstatement, we obtained an understanding of.. the Charity's operations, including the nature of its revenue sources and of its objectives and strategies lo understand the classes of Iransaclions, account balances, expected financial slalemenl disclosures and business risks that may result in risks of material misstatement., the applicable statutory provisions", DoGuSign Envelope ID". 89D7B8F3-731A4DB4.963C-3DA713B20BEO CRAPS CHARITABLE TRUST the Charity's control environment, including the policies and procedures implemented to comply with the requirements of its regulator, the adequacy of prO￿dureS for authorisalion of Iransaclions, Internal review procedures over the Charity's compliance with regulatory requirements. Use of our report This report is made solely lo the charity's trustees, as a body, in accordance with Section 154 of the Charities Act 2011. Our audit work has been undertaken so that we might slate to the charity's Iruslees those matters we are required to stale to them in an auditorfs 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 and its trustees as a body, for our audit work, for this report, or for the opinions we have formed. Grant Thornton UK LLP statutory Auditor, Chartered Accountants Milton Keynes Dale 25/1/2022 Grant Thornton UK LLP is eligible lo act as an auditor in terms of section 1212 of the Companies Act 2006 DoGuSign Envelope ID". 89D7B8F3-731A4DB4.963C-3DA713B20BEO ILAPS CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES For the year ended 5 April 2021 Unrestrlcted Funds Unrestrlcted Funds Note 2021 2020 Incomlng resourceg Inv&slmenl income Other income 170,781 236,837 100 Totsl Incomlng resources 170,781 236.937 Resources expended Cost ol r81sing funds Investment tnanagement costs Charitable acti￿lieS Grants alld donations Audilor's remuneration Legal fees 138,6941 142.0971 5,12 1185,5001 111,1001 1185.5001 15.4001 Totsi 8xponditur8 235,294 232.997 Net lexpenditurevincome before gain5 IIIw8881 on Invo8im8nts 64,513 3.940 Galns I (Ios8981 on Investsngnts Reali5ed gains Dn inveslmeTrts Realised gainslllosses) on foreign exchange Unrealised gain￿{1D$SeSI on invesknenls Unre81ised g81n￿{lOSsE$I on foreign exchange 113,288 28.766 654,244 12,6201 1604.9381 2.373 Net mo¥ement in funds 700,398 1569.8541 Fund balances brouyhtforward at 6 Aprll 2020 4.170,400 4,740.254 Fut)d balan¢88 ¢aYrl8d foré4ard at 5 Aprll 2021 4.870,798 4,170,400 JI results relate lo conlinulng 8Ctlvitles. There are no recogni5ed gains or losses other Ihsn Ihose shown in the Slalemenl of Financi81 Aclivilies. The noles on p8ges 10 to 13 fomi part of these Financial Slalements. DoGuSign Envelope ID". 89D7B8F3-731A4DB4.963C-3DA713B20BEO CRAPS CHARITABLE TRUST BALANCE SHEET For the year ended 5 April 2021 Unr88trlct8d Funds Unrostrlctod Funds Note 2021 2020 Fixed Asset Investments Unli$led InvÈslments Listed Inveslwnls 15.0 4.209.534 4.224.534 15,000 3,852,421 3,867,421 Current As88ts Debtors and prep3yrrEnls Bank balance Cash balantrs held by InvestnEnl Managers 8,287 97.229 554,588 660.104 2.339 141,535 180,214 324,088 Current Liabilitiots Creditors and accrued charges 113.8401 121,1091 Nèt Currént Assèts 646.264 302,979 Net Assets 4.870.798 4,170,400 Ropr8sentlng'. UnrÈslricted funds 4.870.798 4,170,400 Total Funds 4.870.798 4,170,400 Th& financial ststÈmènts were approved by the Board ofTm$leÈs on 241112022 by.. and signed on its behalf QL JPMDent Trusteè CSDont Trustee LRDènt Tru8t80 The notes on pages 10 10 13 fotrn part of Ihese Financial Statetnents. DoGuSign Envelope ID". 89D7B8F3-731A4DB4.963C-3DA713B20BEO CRAPS CHARITABLE TRUST NOTES TO THE ACCOUNTS For ihe yearended 5 Awil 2021 Gwor81 Informabon The charity's registered offiGe addres5 is Victona House, 41h floDr, 199Avebury B￿leVard, Ceniral Mill Keynes. MK9 1AU. A¢eounting Poli¢i•¥ Basss of prepa￿￿0￿ The actounls lfinanclal statements) h£ve been prepared under the hL£Lorical cost convenbon wllh rtems re¢ognised *1 ¢osi or tran$¥￿1¢￿ value unles$ $￿ted In the rdevant notSl$l 10 these a¢¢ounis. The financial slatstnents h?ve bepn prepared In aG￿rdance the Slatetnenl of R8commended Prad1￿." Accounbng arbd Reporting by Charities preparing their a(Lounts in accordance the Financial Rewrting standard aprAicable In the UK and RepuLlic ol Ireland IFRS 1021 issued in March 2018 Ihe Financi Rewrting Standard aPKAicable In the United Kinodom and Republic ol Irel8nd IFRS 1021 Issued In Ociober 2019 and Ihe charities A¢t 2011 The charity mn5ti1ule5 a public b￿efit entitya5 defiTbed by FRS 102. The ¢h8rity'$ furthon818nd presentsb¢nal ￿￿ncY 1$ GBP. Golng COr￿ern The trus￿eS consider that there a￿ no material Un￿rtainlIeSAtrthl the Trusis abiliiy ￿ continue as A wing ¢on¢em ftyai least 12 month$ from the re[￿ing d81e and h8ve¢0nside￿d the imp8¢t of Covid-19 In m8knng thi$ ssesstnetrt. Investment is contiDuousfrom Ihp InveslmeDI portrolio heb wlh brokeTS ?s listed during Ihp year. The Injst remains In a p0511ive net position, desprte a r*uction In fund balance5 due lothe iTnpaGt of Cow&19 on Investmenlvalualions. Accordingly we have considered ihe ITU5ton a going cancem basis. Fin4nci81 instwrntnt Other than listed Investmen15. which are accounted foralfairvalue and Include noTFbasicfinancial instruments, the chariiy only enters Inio ￿%cfln8n￿al In51rumenLS transactions that resuli In the recognition of financial assets and li8bilitie$ like debtorsand ¢redittyS, 8nd Inve#mentS In non-puttableordinary $h8re$. Financial assets that are rneasured al Cost amortised cost are assessed althe eDd of each rewrting period for objective eviderbce of ImpaiTment. If obl￿tiVe evidence of impairmentis found. an impairment loss Is reco9niged In the Siatemenl ol FinancialAdivilie5 Forfinancial assets tneasureo at?rnortised mst, the irnpaiTTnent loss Is rnea5ured aslhp differen￿ between an asser5 ￿TryIng amountand Ihp present Value of eslimaled ￿sh flowsdiscounled al the asset's onginal effective Interest rate. 11 a financial asset ha5 a Variab￿ Interest rate, the discount rate forffl￿a9￿l1￿g any impairmenl1055 Is the current effecbve Interest raie determined under the conlracL Forfinancial assets tneasured atcost le5S irnP3ittnenl, the irnp3ittnent loss is tnea5ured a8 the difference between an a55etS (HTrying amount and best estimate of the recoverable amount. which Is an approximation or the amounlthatlhe Company would rettive for the asset il Il were lo be SO￿ atthe balan￿ sheel ￿te. Finan¢i818s*1$ and l￿bilitIeS ar¥ offs¥t 8no Iht rh¥t amount rtport*d in the B8lan¢t $h*i vthon th$r6 i$8n enfor￿able righllo sel oftlhe wnised amount8 and there Is an inlentiDn to setue OD a nel basis orto rea115e the asset and settlelhe liability sirnultaneou51y. Income All Incoming resources are Induded In the Slaiementof Finanual Activities when Ihecharily has enlillefflenl to the funds, re￿IpL Is probab￿ and the amount can be measured with Sufticieni Iiabiliiy Dividendsare recwnised in the penod in whi¢h the dividend De¢omes payable. Resourc$s EX￿nd•d Expenditure Is accounted for on an acuuals basis has been IndUd￿ underexpense categories that agoregaiedl eosls for allocation to ￿h￿bes. If> Investments Listed IDvestsnents are slated in the ao)JuDts at Ihpir market v￿ue ￿ Ihp b3lance sheet date. The resuhaDt unreali5ed sutplu5 Qr deficit 15 (xedited or debited to the operating fund. Unlisted Investments are stated al their cost. Recognition of Liabilities Liabilities are reGo9nised as resources expended as scw as ihere Is p legal orconslrucbve obligation ¢otntnitting the tharilylo the exwndilure. Prowsion8 t(￿ gr?nls are m?de ￿en the intention lo tnake grart has 0)mmuni￿le￿ lo the r￿lple￿L Operating exF￿nSeS o)mprise those msts dir￿tlY aitrithtsble to Managi￿ ihe Investment portfolio and raising Investment Income. Galns and Losses on Investments All gains and losses are taken lo the statement of fiThanual actr￿lieS a5 they arise. Realised gains and k>sses on Investments are calculaied as the differen￿ between sales proceeds and opening mathel value Iwrchase dale If laierl- Unr￿lISed gains and losses are calcul2tdd as the differents bet￿eTh the markei valuè ai ihe year ènd and openiw Ma￿tt value lor pur¢h8sed81e rf18terl. Fund AccountSng Operating funds are unre5trided fundswhich are awaI￿Ne for use althe dis(xetion of the TrusteeB In furtheran of the general objectives ol Ihe charity and which have not been designatsd for any other wrpose. 10 DoGuSign Envelope ID". 89D7B8F3-731A4DB4.963C-3DA713B20BEO CRAPS CHARITABLE TRUST NOTES TO THE ACCOUNTS IGontsnuedl For the year ended 5 April 2021 Inv8stm8nt Income Investment income is anatysed below.. 2021 2020 Nèt income from listed Inv&slments NÈt income from unlisted invÈstm&nls Interest on depDSitS 80.623 90.000 158 170 781 115.783 120,000 1,054 236 837 Inv8Stmont management C08ts Fee$ 0$ % of funds Fees as % 2020 of funds 2021 Investment m8nagemenl fees- Cazenove Investment management fees- Julius Baer 23,780 14,914 1.02% 0.80% 25.540 16,557 1.22% 0.940 38.694 42.097 Grarts and donation5 Donations have been made in accordance with the Trust Deed. A sch8dul& of donations can be found in no18 12 on page 13. Investment portlollo A5 al 5 April 2021, the investment portfolio corNpri5ed a diverse mix of lislell equilie5 and 5ecurilie5 managed by Cazenove and Julius Baer, and is 5umm¥ri5ed below.. Annual Yleld on Income marftet IN8tl valu8 Cost Markot value Cazenove Investment Manager UK Fixed Interest Owers8a8 Fix8d Interest UK Equities Overseas Equili&s All&malives 412,945 245,911 284,310 609.446 293.209 442.943 238.272 328.168 996.611 333.782 299 0.070 0.01, 7.33. 1.20. 1.24. 24.054 11.917 4.155 1 845 821 2 339 776 40,439 Annual Yield on Income Tnarket INet value C05t Market value Juliu$ Baer UK Fixed Interest Over5ea5 Fixed Interest UK Equities Overseas Equities All8malives 380.857 233,495 608,012 371,100 381.276 230.806 721.400 414.102 122 174 1,869.758 1.350 0.35% 20,277 18,275 282 40.184 2.810 4.410 0.23, 1,707,467 Totsl listed equities and securities 3,553.288 4,209.534 80.623 1.92% Cash balances held by Inveslfflenl Managers Annual Yleld on Income mark•t INoti value Cost Market value Cazenove Inv&slment Manager Julius Baer 285,842 268,747 285,842 268.747 554,589 554,589 DoGuSign Envelope ID". 89D7B8F3-731A4DB4.963C-3DA713B20BEO CRAPS CHARITABLE TRUST NOTES TO THE ACCOUNTS Icontinuodl For the year ended 5 April 2021 Inve8tmeThl portlolio Icontinuedl Totsl investsnent portfolios heb by the Investment Managers Alarket value Annual Income Cost (Neti Cazenove Julius Baer 1.845.821 1.707.4e7 2,339.776 1,869.758 40,439 40,184 3.553.288 4.209.534 80,623 An analysis of the investment movement during the year follows.. Juliu8 Baer Cazenove Total Market value al beginning of year 1.752.123 2,100,298 3,852,421 Pro￿edS of sale Cost of purchases Realised gain Change in ￿n￿alised gains 11,060.2931 851,924 34.134 291.870 1995.0741 12.055.367) 793,024 1,644,948 79,154 113,288 362,374 654,244 Movement in year 117,635 239,478 357,113 Market value at end of year 1.869.758 2,339.776 4.209,534 Co$t at end ol year 1.707.467 1.845.821 3,553.288 Unrealised loss on Foreign exchange 2021 2020 Foreign exchange gainlllossl 12.6201 2,373 2.620 2,373 Debtors and prepayments 2021 2020 Income lax recoverable Amount due from Investrnent Manager 2,339 5,948 2,339 8,287 2,339 Creditors and accrued charges 2021 2020 Donations paid post year*nd Investment managers, charges Independent audilor'slaccounlanls fee 3,000 6.040 4.800 13.840 13,000 6,309 1,800 21,109 10. Auditorfs remuneration 2021 2020 Charity Auclil Preparation of accounts Under accrued fees In prior year VAT 4.750 2,250 2.250 1.850 11,100 4,500 900 5,400 12 DoGuSign Envelope ID". 89D7B8F3-731A4DB4.963C-3DA713B20BEO CRAPS CHARITABLE TRUST NOTES TO THE ACCOUNTS Icontlnuedl For the year ended 5 April 2021 11. Trust Funds The operating fund comprises the accumulated resour￿$ of the Charity. which may be expended without r8Striction in the furtherance of th8 Charity's objectiVe5. 12. Dlstrlbutlons For the year ended 5 April 2021 Charity Number 2021 2020 Acadernic Study Group Anglo Israel Association Amnesty International Ben-Gurion University Foundation B'nai B'rith Hillel Foundation Univ8rsity of Haif8. UK British Friends of Hetzog Hospital Technion UK CBF World Jewish Relief Community S8curity Trust Emunah Friends of the Royal Botanic Gardens Kew WIZO UK Friends of th8 Hebr8w University Nightingale Home lor Aged Jews Jerusalem Foundats'on Jewish Care Fr88doffl from Tortur8 Motor Neurone Disease Associats"on National Theatre Prisoners of Conscience Norwood Ravenswood Save the Children Shaare Zedek UK Shelter The Friends of Th8 J8ru5a18rn Botanical Gard8n5 The New Israel Fund The United Jewish Israel Appeal Teach2Teach 1191067 313523 1051681 276203 313503 270733 1024814 1092207 290767 1042391 215398 803428 1125012 20g691 207316 258306 802559 1000340 294354 224223 213766 1059050 213890 1143272 263710 1151347 1060081 1060078 1175660 3,000 1,000 1,000 4,000 1,000 4,000 4,000 25,000 5,000 1,500 1,000 1,000 16,000 14,000 16,000 13,000 20,000 3,000 2,000 1,000 1,000 4,000 2,000 4,000 1,000 16,000 13,000 3,000 5,000 3.000 1,000 1,000 4.000 1.000 4,000 4,000 25.000 5.000 1,500 1,000 1.000 16.000 14,000 16,000 13.000 20.000 3,000 2,000 1.000 1.000 4,000 2,000 4.000 1.000 16,000 13,000 3.000 5.000 Totsl Dlstrlbutlons 185 500 185500 13. Related Partie$ The Claps Charitab18 Tiust and C8Iu5 Holdings Limited ale r81at8d partie5 because they have common TrusteeslDirectors. The Craps Charitable Trust owns 12Q/o of the ordinary share capital of Celus Holdings Limited, dividends ￿ceiVed in the year to 5 April 2021 totalled £90,00012020- £120,000). 13 The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdinsr 6 ApTII 2020 Book Value Additions Di&posg]s QUa￿￿ty PruLrcd¥ Profit Holdinsr 5 Aprfl 2021 Book Voiue Marketvfjiue Net Income 6April 2020 Qudn¢ity Cu¥1 5 Aptll 2021 5 Aprll Z021 Ilthquoted InvC¥tiiients Unqvlli¢d Invc*Tm¢nT* I￿,000.00 14- The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 Cfjzcnnye Invcglment mona￿er UK 18,144.21) 25,571..11 i42.62 6,5 222IIG.CMJ HIRrkriKk Fund ffAd 5B,571.i￿Tr 10.1iifj.(Ni(N)o 23.-1¥.￿5 6.94fi 511 22,3111.11(N)cii 37,142. 55,62 15- The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 670 25.773.83 2.￿) 19,2.5-..71 7,9y7.72 7,997.12 5.1197.Y 5.1197.Y 21b9 78 16- The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 .182.711 4.5.242..57 714.47 45,242.57 11,Tr411.251 4Q,412.11[￿ 59,1112..14 2,684.LN) 928￿.31 2,684.(R) 9,28U.31 2.5.546.97 2.5.%48.97 17- The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 34.764.-, 33.1611 ?8.374,75 IpmDikian ilE%ct L'k LEd -37247 5.3 18- The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 26,￿72..12 3,478 62,273.14 GJ,50G 121.8.44.1.3 9N?4 62274.14 41.489.68Q 62.27.1.14 19- The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 .35U 4.-1¥7.UW(R] 2.1,WO..I -39.65 4..387.(JrNI 2.3.391.2 25.154 20- The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 44.i27.23 44,521.21 blidltrE Incntnc 62.211.10 12?.-421.1 I4￿ 99 44.114.5 21f)IK) bChI￿r￿ Llnit Tt715t5 21 The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 21),327.7 1.1,721.46 1.1,721.46 22- The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 11)1.784.24 1.5,187.85 23- The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 88.6 25.386.113 25.3¥6.113 Vibdi)niTrcc Ci]JP HcdKcd 94.2.48 Cgzenoye Investment MgnwrUK 1,84fi.917.91 79.1,011.87 8.18,757.39 44,6.￿.29 1.845,82D.68 2J40,714 39,695.11 24- The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 Cfjzcnnye Invcglment mona￿er OYcr%co8 ',9.7fi Cu*cnnvc Invcfiimcni MunxRcr OYcrn¢D 12t.799.39 156J16.67 34.517.28 743.00 25- The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 Jiili114 UK fixed intcre8t 35¥ .3.5 12.￿24.14 3.444.4 4,4?4.7 9,4X2.2fi 15,B12.6J i.J3 2.11)lJ3.*) P.281 4.49 26- The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 4.152.84 .54 LnitL'ol Kin￿1)n14 437.OLK) 142.¥3 C.Ivb..Il Funds 25,5¥7.7l) 33- The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 2fy.￿24.43 12,336.66 12,33B.06 LS High I'ILld BiinLI Id I',]111 Hd¥ 27,81IY.48 488.411 34- The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 28.4¢Trf¥.H7 42 ..L￿￿ 41 1,&35 35- The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 2.565.8 4,448.-.8 12,495 1(),384..11 2n2 Juliu¥ Bact UK Eqiiltlr¥ 923,672.08 165,763.97 336J31.06 {34,755.79} 718,349.20 825J21 25,540.91 36- The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 Jiili114 OYer8ea8 F. 59.917 33,142.58 18.IW.49 59,?.49 .Ixll Funds IJ lan2Kcmciit 5a LS I Ig,h Iirld Hnd. I CJHP Inc 27.5Y8.C 2A.5Y2 37- The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 12.56 1&8 I-.RH 21.g¢A.83 72 i?,b66.36 24,352 4111.(X) 21.616.27 282 16.3J.3U 178.U5 4.4Cb 279 16.149.65 432.00 38- The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 61237..54 127• iJ2) 2..32 2.4 18,326.45 67211(Xl(X) 2.623..19 456 46.827 79 32 3.326.34 45,64.1.30 424 39- The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 2.440.&5 75,8.37 2(Tr,1()7 44 2.70 2.1,518.82 2.4,8Y5 Ilnbcco LiixcrnbTrurkT 51 -40- The Craps Charitable Trust Accounts for the year ended 5 Aptil 2021 Schedule of investments and income Holdin8 6 ApTII 2020 Book Vlllue Addition8 Di8posals Quanflty PTUL¢cdi Profit HoldinR 5 Aprll 2D21 Book Vllliie Market VAliie Net Income 6Aprll 2A120 Quiin¢Sty Cusl 5 Aptll 2D21 5 Aprll 2021 4.-34H.42 i6.78 Tr.40 Jiiliu$ Barr OvcfBcaB Ilqul¢lrS 648,943.2J 459,552.29 433,195.74 61,4M.JS 73&760.JJ 795,277 13,081.41 TOTAL. 3,865,419.51 1,644,947.81 2,055,792.96 113,713.66 3,568,288. 4210,470 170,622.85 41