## 

## 

|Legal and administrative|information||
|---|---|---|
|Trustees'<br>report||2-3|
|Independent<br>auditors'|report|4-6|
|Statement<br>of financial|activities||
|Balance sheet|||
|Notes to the financial statements||9-16|





## 

## 

|Charity number|Charity number|276372|||
|---|---|---|---|---|
|Date of trust||29 March 1976|||
|Trustees||The Hon. D.S.Bernstein|||
|||Caroline Moorehead|||
|||Mr Jonathon<br>Bond|||
|Registered|office|9 Bonhill Street|||
|||London|||
|||EC2A 4DJ|||
|Bankers||Hoare<br>Ik Co|||
|||37 Fleet Street|||
|||London|||
|||E4CP 4DQ|||
|Solicitors||Speechly Bircham|LLP||
|||6 New Square|||
|||London|||
|||EC4A 3LX|||
|Auditors||Begbies Chartered|Accountants||
|||9 Bonhill Street|||
|||London|||
|||EC2A 4DJ|||
|Investment|managers|Julius Baer International||Ltd|
|||1St Martin's<br>Le Grand|||
|||London|||
|||EC1A 1HQ|||





## 

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## 

||FOR|THE YEAR ENDED 5TH APRIL 2022|THE YEAR ENDED 5TH APRIL 2022||
|---|---|---|---|---|
|||Notes|Unrestricted|Unrestricted|
||||Fund|Fund|
||||2022|2021|
|||||E|
|Income from:<br>Investments|||62,300|64,910|
|Total income|||62,300|64,910|
|Expenditure<br>on:|||||
|~Rit<br>t<br>c<br>Investment<br>manager's<br>fees|||20t813|14,205|
|Charitable<br>activities<br>Grants payable|||260,014|119,252|
|~0th<br>Ctt<br>Currency exchange<br>(gains) / losses<br>Audit and accountancy<br>fees<br>Miscellaneous<br>expenses|||(11,351)<br>6,000<br>942|15,034<br>5,400<br>990|
|Total expenditure|||276,418|154,881|
|Gains / (losses) on|investments||135,766|593,826|
|Net income / expenditure|||(78,352)|503,855|
|Total funds brought|forwards||3,410,147|2,906,292|
|Total funds carried|forwards||3,331,795|3,410,147|









|FOR THE YEAR ENDED STH APRIL 2022|
|---|
|Accounting<br>policies|
|Accounting<br>convention<br>The accounts<br>have been prepared<br>in accordance<br>with<br>applicable<br>accounting<br>standards<br>under<br>the<br>historical<br>cost convention,<br>modified<br>to include<br>the<br>revaluation<br>of listed<br>investments<br>to fair value.<br>In<br>preparing<br>the<br>accounts<br>the<br>charity<br>has<br>followed<br>best|
|practice<br>as set out<br>in<br>the<br>Accounting<br>and<br>Reporting<br>by<br>Charities:<br>Statement<br>of<br>Recommended<br>Practice Applicable<br>to Charities<br>preparing<br>their accounts<br>in accordance|
|with the Financial<br>Reporting<br>Standard<br>for applicable<br>in the<br>UK and Republic of ireland|
|(FRS102), the Charities<br>Act 2011 and UK Generally<br>Accepted Accounting<br>Practice.|
|The financial<br>statements<br>are prepared<br>on a going concern<br>basis as the trustees<br>believe|
|the charity's<br>susbstantial<br>reserves<br>means that no material<br>uncertainties<br>exist regarding|
|the charity's<br>ability to continue<br>as a going concern.|
|The financial statements<br>are prepared<br>in sterling<br>and rounded<br>to the nearest E.|
|The charity constitutes<br>a public benefit entity as defined<br>by FRS 102.|
|Cash Flow<br>The Fund<br>qualifies<br>as a small<br>charity<br>under<br>the terms of the Charities<br>Act 2011, As a|
|consequence<br>it is exempt from the requirement<br>to publish<br>a cash flow statement.|
|Income|
|Income<br>from<br>listed<br>investments<br>is accounted<br>for by reference<br>to the date on which|
|distributions<br>are receivable. Interest<br>is accounted<br>for on an accruals basis.|
|Expenditure<br>Expenditure<br>is accounted<br>for on an accruals<br>basis, Grants are accounted<br>for when the<br>trustees<br>have agreed to pay the grant without<br>condition<br>or any conditions<br>attached to|
|the grant are not in control ofthe trustees.|
|Investments|
|Investments<br>are included<br>in the accounts at market value at the end of the financial year|
|less a provision<br>for any permanent<br>diminution<br>in value.<br>Realised<br>and unrealised<br>gains<br>and losses are credited<br>or debited to the statement<br>of financial<br>activities<br>in the year in|
|which they arise.|
|Foreign currencies<br>Monetary<br>assets<br>and<br>liabilities<br>denominated<br>in foreign<br>currencies<br>are translated<br>into<br>sterling<br>at the rates<br>of exchange<br>prevailing<br>at the<br>accounting<br>date. Transactions<br>in<br>foreign currencies<br>are recorded at the date ofthe transactions.<br>All differences<br>are taken|
|to the SOFA.|
|Page 10|





## 

## 

|Taxation<br>The trust<br>is <br>taxation.|a registered<br>charity under t|he Charities Act 2011and is not sub|ject to|
|---|---|---|---|
|Investment|income|2022<br>E|2021<br>6|
|Equities||62,300<br>62,300|64,910<br>64,910|



## 

|Grantspayable|||||
|---|---|---|---|---|
||2022||2021||
||Number|E|Number|E|
|Drug and Alcohol Rehab<br>Asylum Seekers 8 Refugees<br>Criminal Justice / Youth at risk<br>Other|11<br>18<br>61<br>14|37,000<br>36,000<br>108,093<br>78921|6<br>19<br>23<br>5|25,500<br>33,500<br>46,331<br>13,921|
||104|260,014|53|119252|



## 



|Investments||||
|---|---|---|---|
|||2022|2021|
|||E|E|
|Market value at 6th April 2021||3 205 137|2,704,360|
|Additions<br>at cost||425,874|2,082,857|
|Disposals at carrying value<br>Net gain/(loss)<br>on revaluation|at 5th April 2022|(647,095)<br>84,592|(1,826,554)<br>244,474|
|Market value at 5th April 2022||3,068,508|3,205237|
|Historic cost at 5th April 2022||2,777,467|2,965,095|



||2021 or|5th April 2|022||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||2022||2021|
|||||||||f||E|
||Treasury|Stock 0.125%||2026||||156,626|||
|||||||||156,626|||
|7|Gains /|(losses) on|investments||||||||
|||||||2022|||f|2021<br>f|
||Disposal <br>Original|proceeds<br>purchase|cost|||613,502|698,269||2,065,679<br>2,175,906||
||Unrealised<br>gain/(losses)||||to date|33,593|||(239,125)||
||||||||(647,095)|||(1,826,5541|
||Realised|gains/(tosses)||for year|||51,174|||349,352|
||Unrealised<br>gains/(losses)||||for year||84,592<br>135,766|||244,474<br>593,826|





|8|Reconciliation<br>in movements|Reconciliation<br>in movements|Reconciliation<br>in movements|in unrealised|in unrealised|gains / (losses)|gains / (losses)||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||E|f|
||Unrealised<br>gains at 6th April|||2020|||240,042|(243,557)|
||Unrealised<br>(gains)/losses||crystallised||on disposals||(33,593)|239,125|
||Net gains on revaluation||at 5th April||2021||84,592|244,474|
||||||||291,041|240,042|
|9|Creditors: amounts|falling due within one||||year|||
||||||||2022|2021|
||||||||E|E|
||Accrued accountancy<br>and||audit||||10,320|10I320|
||||||||10,320|57,820|
|10|Grant Commitments||||||||
||||||||2022|2021|
||||||||E|f|
||At 6th April 2021|||||||11,000|
||Grants paid in year|||||||(11,000)|
||Grants written<br>off in year||||||||
||Charged to SOFA in|year|||||||
||At 5th April 2022||||||||





|12|Grants agreed during|the year|Charity no|2022||2021||
|---|---|---|---|---|---|---|---|
|||||E|E|E|E|
||Drug and Alcoholic Rehab|||||||
||Adapt||1182087|5,000||||
||Brynawel<br>House||1113952|||5,000||
||Faithwork<br>Wessex||1108714|3,000||||
||Hebron Trust||1020095|||5,000||
||The Keys Project||1154263|3,000||3,000||
||MYPAS||1161284|1,000||||
||Pathways<br>for All People||1154530|3,000||||
||The Matthew<br>Project||1122801|||5,000||
||New Note Orchestra||1161284|2,500||2,500||
||Recovery Cymru||1154530|5,000||||
||Spitalfields<br>Crypt Trust||1075947|5,000||||
||Surrey Drug and Alcohol Care||1151494|1,500||||
||The Amber Foundation||1051388|5,000||||
||Tower Hamlets<br>Mission||1154842|3,000||5,000||
||||||37,000||25,500|
||Asylum<br>Seekers &Refugees|||||||
||Access||1186714|1,000||||
||Action for Refugees|in Lewisham|1116344|2,000||||
||Article<br>I||1124746|||4,000||
||Asylum Welcome||1092265|||4,000||
||BACA Charity||1124569|||2,000||
||Birbeck College||RC00048|||2,000||
||Boaz Trust||1110344|1,500||1,000||
||Citizens Advice South Lines||9935120|2,000||||
||Coventry<br>Refugee Migrant Centre||1090123|1,000||||
||Entraide<br>UK||1142919|2,000||||
||Groundworks<br>London||291558|2,000||||
||Hear Me Out<br>Music||1119049|3,000||||
||Helen Bamber Foundation||1149652|4,000||4,000||
||Home Start UK||1108837|1,000||||
||Hope For The Young<br>Islington<br>Centre for|Refugees|1127017<br>1135205|||2,500<br>3,000||
||8 Migrants|||||||
||Migrants<br>Organise||1077116|2,000||2,000||
||Migrateful||1180110|3,000||||





## 

|FOR THE YEAR ENDED STH APRIL 2022||||
|---|---|---|---|
|Grants agreed during the year<br>Charity no<br>2022<br>f|f|2021<br>E|f|
|Asylum Seekers Ik Refugees (conitnuedj<br>Morton<br>Hall Detainee Visitor<br>1174085||1,500||
|Centre<br>Music in Detention<br>New Vic Theatre<br>Pecan<br>Refugee 8 Migrant<br>Centre<br>Refugee Info Bus<br>Seperated<br>Child Foundation<br>Shropshire<br>Supports<br>Refugees<br>The Destitution<br>Project<br>Together<br>Now<br>Waterloo<br>Comm Counselling<br>Women's<br>Health Matters<br>1119049<br>253242<br>2,000<br>801819<br>1104779<br>2,000<br>1168538<br>1120669<br>1,500<br>1196673<br>1,000<br>1109703<br>11183639<br>3,000<br>1045444<br>1000<br>2048788<br>1,000|36,000|1,500<br>2,000<br>2,000<br>1,000|32,300|
|Criminal justice / Young offe<br>2MakelT<br>All Saints Youth Projects<br>Aspire Oxfordshire<br>Back On Track<br>Bang Edutainment<br>Barnabus<br>Manchester<br>Bede House Association<br>Bentley Beginnings<br>Bethany Christian<br>Trust<br>Birmingham<br>Centre for Arts<br>Brighton Oasis project<br>Bristol Childrens<br>Help Society<br>CHESS Homeless<br>Chapter 2<br>Children<br>Ahead<br>Climbing<br>Out<br>Clapton Common<br>Boys<br>Communigrow<br>Criminon<br>UK<br>Derventio<br>Charitable<br>Trust<br>Ditch The Label<br>Eastside Community<br>Trust<br>Eating Matters<br>nders and Youth<br>1157740<br>1136158<br>1117726<br>1169764<br>1086541<br>1055993<br>303199<br>1081484<br>SC003783<br>1051570<br>269167<br>1092921<br>1093901<br>1177011<br>1138140<br>1145023<br>802717<br>1159534<br>1098120<br>1142979<br>1156329<br>1081691<br>1003974<br>at Risk<br>2,000<br>1,000<br>1,000<br>1,000<br>1,000<br>1,000<br>3,000<br>1,000<br>2,000<br>1,000<br>1,000<br>1,000<br>2,000<br>1,000<br>1,000<br>3,403<br>2,000<br>1,000<br>1,000<br>1,500||1,000<br>1,000<br>2,000<br>3,000<br>1,000<br>2 731||





|Grants agreed during the|year||Charity no|2022<br>E|E|2021<br>E|E|
|---|---|---|---|---|---|---|---|
|Criminal justice / Young|offen|ders (contlnuedj||||||
|ENYP|||1089474|1,000||||
|Families Outside|||SC025366|1,000||||
|Finding Rhythms<br>Fine Cell Work|||1151872<br>1049095|1,500<br>5,000||||
|Get Set Girls<br>Give a Book|||1089566<br>1149664|2,000<br>2,500||7,500||
|Grove Adventure<br>Playground|||1124802|1,000||||
|Halow Birmingham|||1150445|1,000||||
|Home Link Family Support|||SC001360|2,000||||
|Hope, Housing,<br>Training|||1133284|1,000||||
|gr Support<br>Key4Life<br>Kids N Action<br>Kids Out UK|||1152426<br>1096182<br>1075789|1,000||3,000<br>2,500||
|Kids Space<br>Kingswood<br>Trust<br>Kol Boniach|||1175338<br>1149688<br>1147599|2,500<br>2,087<br>1,000||||
|Lending Hope<br>Live Unlimited<br>Loughborough<br>Junction|Action||1179132<br>1176418<br>1150852|3,500<br>2,500||1,000||
|Group<br>The Koestler Trust|||1105759|||1,000||
|Linden Church Trust|||1053050|2,000||||
|Music Relief<br>NACOA<br>Narthex<br>Sparkhill|||1100358<br>1009143<br>1100358|2,500<br>2,000||1,000<br>1,000||
|NEPACs<br>The No Way Trust<br>North<br>London<br>Hill Club<br>Oarsome<br>Chance|||1088051<br>1049059<br>1191936<br>1167787|1,000<br>1,000<br>2,500||2,000<br>2,500||
|Open Door Exmouth<br>Pennywell<br>Youth Project<br>Police Community<br>Club of GB|||1094599<br>1143789<br>1079612|1,000<br>1,000||500||
|Power House Community|||1107472|2,500||||
|Prevent<br>2 Protect|||1188884|1,000||||
|Prisoners<br>Abroad|||1093710|7,500||||
|Prodigal Arts<br>Resolve West<br>Safe Families|||1169287<br>1000641<br>1150405|1,000<br>1,000||1,000||
|Sapphire<br>Community|Trust||1196142|2,000||||
||||Page 16|||||





|FOR TI-IE YEAR ENDED STH|FOR TI-IE YEAR ENDED STH|FOR TI-IE YEAR ENDED STH|FOR TI-IE YEAR ENDED STH|APRIL 2022|||||
|---|---|---|---|---|---|---|---|---|
|Grants agreed during|the year||Charity no|2022|||2021||
|||||E||E||E|
|Criminal justice / Young||offenders|(continued)||||||
|St Edmonds Society|||1157532|1,000|||||
|Stonebridge<br>City Farm|||1125245|||2,000|||
|Sudden<br>Productions|||1018887|1,000|||||
|Healthy<br>Livings Project|||1087256|2,000|||||
|Tall Ships Youth Trust|||314229|2,000||2,100|||
|The Gifted Organisation|||1151327|1,000|||||
|The Kingswood<br>Trust|||1149688|||2,000|||
|The New Bridge Foundation|||1103511|2,000||2,000|||
|The RAW Workshop|||1014416|1,000|||||
|The Tavistock 8 Portman||Charity|1191405|2,603|||||
|The Upper Room|||1174700|2,000|||||
|The Venture Trust|||285891|||2,500|||
|Total Insight Theatre|||1184076|1,000|||||
|Voices From Care|||1108430|||1,000|||
|Volunteering<br>Matters|||291222|2,000||2,000|||
|Wellspring<br>Counselling|||1042995|1,000|||||
|Wycombe<br>Youth Action|||287035|1,000|||||
|Youth On The Move|||1171778|1,000|||||
||||||108,093|||47,331|
|Other|||||||||
|African Prisons Project|||1121764|||1,000|||
|Arts At The Old Fire Station|||1140525|2,921||2,921|||
|Anthony<br>Matsena||||||1,500|||
|Cardinal<br>Hume Centre|||1090836|||1,000|||
|Centre for Social Justice||||10,000|||||
|Disasters Emergency|Committee||1062638|25,000|||||
|CRESS UK|||1141343|1,000|||||
|Glyndebourne|||243877|10,000|||||
|Hazara Charitable<br>Trust|||1100194|5,000|||||
|ITSchools Africa|||1146157|2,000|||||
|La Nuova<br>Musica|||1144998|10,000||7,500|||
|Medical Aid for Palestinians|||1045315|10,000|||||
|Tibet Watch|||1114404|3,000|||||
||||||78,921|||13,921|
||||||260.014|||119,252|