2022-04-05-accounts

Trustees		Simon Lindley Keswick	Simon Lindley Keswick	Simon Lindley Keswick
		Emma Bridget Keswick
		Nick Goodson
Charity number		274117
Principal address		Scottish Provident	Building
		3 Lombard Street
		London
		EC3V9AQ
Auditors		CLA Evelyn Partners		Limited
		4th Floor, Cumberland		House
		15-17Cumberland	Place
		Southam pton
		Hampshire
		SO152BG
Bankers		HSBC Private Bank	(UK) Limited
		8Cork Street
		London
		W1S3LJ
Solicitors		Linklaters
		1Silk Street
		London
		EC278HQ
Investment	advisors	HSBC Private Bank	(UK) Limited
		8Cork Street
		London
		W1S3LJ

		Page
Trustees' report		1-3
Independent auditors'	report
Statement offinancial	activities
Balance sheet
Cash fLow statement
Notes to the accounts		10 - 14

				2022	2021
			Notes	E	E
Income:
Investment income				330,665	375,271
Expenditure:
Raising funds				571	603
Charitable activities	—grants			312,615	398,280
Charitable activities	- support	costs		17,237	18,791
Total				330,423	417,674
Net income/(expenditure)		before gains and losses
on investments				242	(42,403)
(Losses)/gains on investments				(1,298,149)	2,299,304
Net movement in funds				(1,297,907)	2,256,901
Total reconciliation	offunds:
Total. funds brought	forward			13,452,676	11,195,775
Total funds carried	forward			12,154,769	13,452,676

					2022		2021
			Notes		f
Fixed assets
Investments					11,987,925		13,384,603
Current assets
Cash at bank	and in	hand		176,294		76,663
Creditors: amounts		falling due within one
year				(9,450)		(8,590)
Net current	assets				166,844		68,073
Net assets					12,154,769		13,452,676
Income funds
Unrestricted	funds				12,154,769		13,452,676
					12,154,769		13,452,676

							2022		2021
					Note		f
Net cash	outflow from operating			activities	11		(329,563)		(417,384)
Cash flows from investing		activities:
Investment	income					330,665		375,271
Payments	to acquire investments					(566,827)
Receipts from saLes ofinvestments						665,356
Total.cash	infLow from investing		activities				429,194		375,271
Increase/(decrease) in cash							99,631		(42,113)
Cash and	cash equivalents	atthe		beginning	ofthe year		76,663		118,776
Cash and	cash equivalents	atthe		end ofthe	year		176,294		76,663
Analysis ofnet funds
							At 6April	Cash	At 5April
							2021	flows	2022
Cash at bank and in hand							76,663	99,631	176,294

					2022	2021
					E	E
	Dividend	income from listed investments			330,665	375,271
					330,665	375,271
3	Expenditure
					2022	2021
					E	E
	Raising	funds:
	Investment		management	fees	571	603
	Charitable		activities - grants
	Grants payable (see note			4)	312,615	398,280
	Charitable		activities - support costs
	Support	costs (see note 5)			17,237	18,791
					330,423	417,674

4	Grants payable
						2022	2021
							E
	Grants to institutions (31grants):
	Swell Cof E Primary School					105,000
	Oxford Hospitals Charity					50,000	50,000
	Turquoise Mountain Trust					25,275
	Kate's Home Nursing					25,000	26,000
	Headspace					20,000
	London Youth					20,000
	Maggie Keswick Jencks Cancer			Caring Centres Trust England		11,940
	Hammersley Homes Limited					10,000
	The National. Horseracing Museum					10,000
	Operation Smil.e United Kingdom					5,000	2,000
	WheelPower					5,000
	The Royal Horticultural society					4,280	4,280
	Pallant House Gallery					3,000
	Coram Life Education					2,000
	James Hopkins Trust					2,000	2,000
	Moreton in Marsh Show —Moreton Show					2,000
	The Garden Museum					2,000	13,500
	The Sunbeam Children's Trust					2,000
	Designability					1,000
	Great Western Air Ambulance		Charity			1,000
	MS Society					1,000
	Red Squirrel Survival. Trust					1,000
	The Grand Appeal					1,000
	The Royal Marsden Cancer	Charity				1,000
	Winston's Wish (a Grief Support			Programme	for Children)	1,000
	Naunton Dovecote Trust					500
	Clapton Common Boys Club					500
	Friends ofThe Royal Marsden,		Chelsea			120
	Imperial College London						120,000
	The Cotswold School Academy			Trust			60,000
	Cheltenham Festivals						25,000
	Chapter ofGloucestershire	Cathedral					20,000
	The Mulberry Bush Organisation			Ltd			20,000
	North Cotswold Foodbank						10,000
	The Mary Hare Foundation						10,000
	UWE Bristol						10,000
	Duchenne UK						5,000
	Insight —Counselling, Coaching		and Support		Services		5,000
	ABFThe Soldiers' Charity						2,000
	Royal College ofSurgeons	in England					2,000
	Scouts						2,000
	Upper Slaughter PCC						2,000
	The British Red Cross Society						1,500
	CRISIS UK						1,000
	Education for Everyone						1,000

						(Continued)
Farming	and	Wildlife Advisory		Group South West Ltd		1,000
Longborough		Festival Opera				1,000
The Medaille		Trust Limited				1,000
Rare Breeds		Survival. Trust				1,000
					312,615	398,280
Support	costs
					2022	2021
					f	f
Accountancy		fees			1,035	985
Audit fees (governance			cost)		8,415	7,605
Trustees'	remuneration				3,000	2,000
Foreign	exchange losses				4,787	8,201
					17,237	18,791

Fixed as	set investm	ents -listed
			2022	2021
				E
Market value at 6April 2021			13,384,603	11,085,299
Additions	at cost		566,827
Disposals at opening		market value	(665,350)
Change	in val.ue in the year		(1,298,155)	2,299,304
Market value at 5April 2022			11,987,925	13,384,603
Creditors: amounts		falling due within one year
			2022	2021
			f	E
Accruals			9,450	8,590

			2022	2021
				E
Net movement		in funds (as per the statement offinancial activities)	(1,297,907)	2,256,901
Investment	income		(330,665)	(375,271)
Losses/(gains)		on investments	1,298,149	(2,299,304)
Increase in	creditors		860	290
			(329,563)	(417,384)