2021-04-05-accounts

Trustees			Simon Lindley Keswick	Simon Lindley Keswick
			Emma Bridget Keswick
			Nick Goodson
Charity number			274117
Principal	address		Scottish Provident	Building
			3 Lombard Street
			London
			EC3V 9AQ
Auditors			Nexia Smith a Williamson
			4th Floor, Cumberland		House
			15-17Cumberland	Place
			Southampton
			Hampshire
			50152BG
Bankers			HSBC Private Bank	(UK) Limited
			8 Cork Street
			London
			W15 3LJ
Solicitors			Linklaters
			1 Silk Street
			London
			EC27 BHQ
Investment		advisors	HSBC Private Bank	(UK) Limited
			8 Cork Street
			London
			W15 3LI

		Page
Trustees' report		1-3
Independent auditors'	report	4-6
Statement of financial	activities
Balance sheet
Cash flow statement
Notes to the accounts		10 - 14

					2021	2020
				Note	E	E
Income:
Investment income					375,271	362,924
Expenditure:
Raising funds					603	813
Charitable activities	- grants				398,280	258,380
Charitable activities	- support		costs		18,791	10,302
Total					417,674	269,495
Net (expenditure)/income		before gains and losses on
investments					(42,403)	93,429
Gains/(losses) on investments					2,299,304	(2,600,121)
Net movement in funds					2,256,901	(2,506,692)
Total reconciliation	offunds;
Total funds brought	forward				11,195,775	13,702,467
Total funds carried	forward				13,452,676	11,195,775

					2021		2020
				r.	8		E
Fixed assets
Investments					13,384,603		11,085,299
Current assets
Cash at bank	and in	hand		76,663		118,776
Creditors: amounts		faiang due within one
year			9	(8,590)		(8,300)
Net current assets					68,073		110,476
					13,452,676		11,195,775
Income funds
Unrestricted	funds				13,452,676		11,195,775
					13,452,676		11&195,775

					2021		2020
			Note		E		E
Net cash oufflow from operating		activities	11		(417,384)		(269,235)
Cash flows from investing	activities:
Investment income				375,271		362,924
Total cash inflow from investing		activities			375,271		362,924
(Decrease)/increase in cash					(42,113)		93,689
Cash and cash equivalents	at the	beginning	ofthe year		118,776		25,087
Cash and cash equivalents	at the	end ofthe	year		76,663		118,776
Analysis of net funds
					At 6April	Cash	At 5April
					2020	flows	2021
Cash at bank and in hand					118,776	(42,113)	76,663

				2021	2020
				E	E
Dividend	income from		listed investments	375,271	362,868
Interest	receivable				56
				375,271	362,924
ExpendIture
				2021	2020
				E	E
Raising	funds:
Investment		management fees		603	813
Charitable		activities	- grants
Grants payable (see note 4)				398,280	258,380
Charitable		activities	- support costs
Support	costs (see note 5)			18,791	10,302
				417,674	269,495

4	Grants payable
								2021	2020
								E	E
	Grants to institutions (32	grants):
	Imperial College London							120,000	75,000
	The Cotswold School Academy		Trust					60,000
	Oxford Hospitals Charity							50,000
	Kate's Home Nursing							26,000	25,000
	Cheltenham Festivals							25,000
	Chapter of Gloucestershire	Cathedral						20,000
	The Mulberry Bush Organisation			Ltd				20,000	20,000
	The Garden Museum							13,500
	North Cotswold Foodbank							10,000
	The Mary Hare Foundation							10,000
	UWE Bristol							10,000	5,000
	Duchenne UK							5,000
	Insight - Counselling, Coaching		and		Su	pport Services		5,000
	The Royal Horticultural society							4,280	4,280
	ABF The Soldiers' Charity							2,000
	James Hopkins Trust							2,000
	Operation Smile UK							2,000	5,000
	Royal College of Surgeons	in England						2,000	1,000
	Scouts							2,000
	Upper Slaughter PCC							2,000
	The British Red Cross Society							1,500
	CRISIS UK							1,000
	Education for Everyone							1,000
	Farming and Wildlife Advisory		outh West Ltd Group 5					1,000
	Longborough Festival Opera							1,000
	The Medaille Trust Limited							1,000
	Rare Breeds Survival Trust							1,000
	Chances for Children UK								20,000
	Maggie Kenswick Jencks Cancer			Caring			Centres Trust England		20,000
	The Landmark Trust								15,000
	Age UK								10,000
	UK for UNHCR								6,000
	Alzheimers UK Research Education				and		Care Ltd		5,000
	MS Society								5,000
	Pallant House Gallery								5,000
	Rebuild Globally								5,000
	Spinal Injuries Association								5,000
	The Royal Marsen Cancer Charity								5,000
	The Smile Train UK								5,000
	Life Education								3,000
	Stow-On-The-Wold Almshouse		Charity						2,500
	The Smile and Olive Foundation			UK					2,000
	Insight Gloucestershire								1,800
	C F Dream Holidays								1,000

	Childrens and Families Across Borders	Childrens and Families Across Borders	Childrens and Families Across Borders	Childrens and Families Across Borders		1,000
	Cotswold Riding for the Disabled					1,000
	CRSP					1,000
	Designability					1,000
	Fine Cell Work					1,000
	Stroud Beresford Limited					1,000
	Penrith District Red	Squirrel		Group		500
	Dementia UK					200
	The David Nott Foundation					100
					398,280	258,380
5	Support costs
					2021	2020
					E	E
	Accountancy fees				985	950
	Audit fees (governance		cost)		7,605	7,350
	Trustees' remuneration				2,000	2,000
	Foreign exchange	losses			8,201	2
					18,791	10,302

Fixed	asset investments - listed
		2021	2020
		E	E
Market	value at 6April 2020	11,085,299	13,685,420
Change	in value in the year	2,299,304	(2,600,121)
Market	value at 5 April 2021	13,384,603	11,085,299

Creditors: amounts falling due within one y	ear
	2021	2020
	E	E
Accruals	8,590	8,300

Net cash fl	ow	s from operating activities
				2021	2020
				E	E
Net movement		in funds (as per the statement	of financial activities)	2,256,901	(2,506,692)
Investment	income			(375,271)	(362,924)
(Gains)/(osses		on investments		(2,299,304)	2,600,121
Increase in	creditors			290	260
				(417,384)	(269,235)