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2020-12-31-accounts

Page
Reference and administrative details ofthe Charity, its Trustees and advisers
Trustees'
report		 2-7
Independent
auditors'		 report on the financial statements 8-11
Statement offinancial activities 12
Balance sheet
Statement ofcash flows 14
Notes to the financial statements 15-25

REFERENCE AND REFERENCE AND REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2020
Trustees DJ Banister
E D Banister
E M Banister
E F Cairns
L P Glaister
Charity registered
number 00275487
Principal office Tees Law
Tees House
95 London Road
Bishop's Stortford
Hertfordshire
CM23 3GW
Independent auditors Price Bailey LLP
Chartered
Accountants
Causeway
House
1 Dane Street
Bishop's Stortford
Hertfordshire
CM23 3BT
Solicitors Tees Law
Tees House
95 London Road
Bishop's Stortford
Hertfordshire
CM23 3GW

Unrestricted Total Total
funds funds funds
2020 2020 2019
Note 8 6
Income from:
Donations 3,950,753
Investments 357,234 357,234 817,182
Total income 357,234 357,234 4,767,935
Expenditure
on:
Raising funds 4 118,976 118,976 80,487
Charitable
activities		 1,729,164 1,729,164 2,501,891
Total expenditure 1,848,140 1,848,140 2,582,378
Net (expenditure)/income before net (losses)/gains
on investments (1,490,906) (1,490,906) 2,185,557
Net (losses)/gains on investments (2,643,116) (2,643,116) 6,251,397
Net (expenditure)/income for the year (4,134,022) (4,134,022) 8,436,954
Net movement
in		 funds (4,134,022) (4,134,022) 8,436,954
Reconciliation
of		 funds:
Total funds brought forward 33,205,440 33,205,440 24,768,486
Net movement
in funds		 (4,134,022) (4,134,022) 8,436,954
Total funds carried forward 29,071,418 29,071,418 33,205,440

2020 2019
Note 6 6
Fixed assets
Investments 27,740,980 31,737,132
Current assets
Debtors 10 1,677,953 2,375,730
Cash at bank and in hand 14 644,914 217,507
2,322,867 2,593,237
Creditors: amounts falling due within one
year 11 (645,579) (784,789)
Net current assets 1,677,288 1,808,448
Total assets less current liabilities 29,418,268 33,545,580
Creditors: amounts falling due after more
than one year 12 (346,850) (340,140)
Total net assets 29,071,418 33,205,440
Charity funds
Restricted funds
Unrestricted
funds		 29,071,418 33,205,440
Total funds 29,071,418 33,205,440
FOR THE YEAR ENDE D 31 DECEMBER 2 020
2020f 2019f
Cash flows from operating activities
Net cash used
in operating		 activities (see note 13) (106,260) (2,230,964)
Cash flows from investing activities
Dividends, interests
and rents from investments		 357,234 817,182
Proceeds from sale of investments 8,446,796 8,151,557
Purchase of investments (8,270,363) (7,101,845)
Net cash provided
by investing
activities		 533,667 1,866,894
Cash flows from financing activities
Net cash provided
by financing
activities
Change in cash and cash equivalents
in		 the year 427,407 (364,070)
Cash and cash equivalents at the beginning ofthe year 217,507 581,577
Cash and cash equivalents at the end of the year 644,914 217,507
The notes on pages 15to 25 form part of these financial statements

Unrestricted Total Total
funds funds funds
2020 2020 2019
6 8 F
Donations 3,950,753
3. Investment income
Unrestricted Total Total
funds funds funds
2020 2020 2019
F 6 8
UK listed investments 335,161 335,161 783,252
Foreign listed investments 22,073 22,073 33,930
357,234 357,234 817,182
Total 2019 817,182 817,182
4. Investment management costs
Unrestricted Total Total
funds funds funds
2020
6		 2020
8		 2019f
Investment management fees 118,976 118,976 80,487
Total 2019 80,487 80,487

Institutional Grants Support Total
grants
f		 to individuals
f		 costsf 2020f
Grants made:
Educational projects 515,164 13,800 43,319 572,283
Educational projects encompassing world
peace 45,000 3,813 48,813
Overseas education 1,024,315 83,753 1,108,068
1,584,479 13,800 130,885 1,729,164

Institutional Grants Support Total
grants
f		 to individuals
f		 costsf 2019f
Grants made:
Educational projects 752,090 70,630 73,044 895,764
Educational projects encompassing world
peace 158,000 8,253 166,253
Overseas education 1,395,857 44,017 1,439,874
2,305,947 70,630 125,314 2,501,891

Grants to institutions
2020 2019
8
Educational
bodies
London School of Hygiene &Tropical Medicine 50,000 50,000
Loughborough
University		 60,000
Kings College London 50,000
Barnardo's 20,000
National
Deaf Children's		 Society 15,000
Royal Northern
College		 of Music 20,000
Royal Shakespeare
Company		 100,000
Sidney Sussex College- Cambridge 50,000 100,000
City of Birmingham
Symphony		 Orchestra 20,000
University
of Oxford		 40,160
University
of Nottingham		 30,000 30,000
University
of Leeds		 45,725 45,810
The Old Vic 50,000
Glasgow School of Art 15,000 15,000
BOAS 50,000 50,000
Institute of Development Studies 50,000
University
of Sheffield		 50,000 50,000
University
of Manchester		 57,730
Other 19,279 133,550
515,164 752,090
2020 2019
8 8
Educational
projects encompassing		 the promotion ofworld peace
Freedom
from Torture		 15,000
Conciliation
Resources		 30,000
Saferworld 80,000
Quakers
in Britain		 15,000
Conflict Resolution
Education		 in Sheffield Schools Training 10,000
West Midlands
Quaker		 Peace Education Project 15,000
Peace Brigades International 20,000
Fight for Peace International 10,000
Trust for Research and Education on Arms Trade 8,000
45,000 158,000

2020 2019
6 F
Overseas Education
International
Needs
UK		 25,000
ChoraChori 15,000
Royal National
Lifeboat Association		 15,000
CAMFED 25,000
Hope International
Development		 Agency UK 15,000
East Africa Character Development Trust 25,000
Just a Drop 15,000
The Henry Van Straubenzee Memorial Fund 15,000
The Gurkha Welfare Trust 35,000
Motivation 15,000
Build Aid 16,000
Shared Interest Foundation 20,000
Promoting
Equality
in		 African Schools 20,000
Signpost
International		 20,000
SolarAid 20,000
Traidcraft Exchange 75,000
The One Foundation 20,000
Classrooms
for Malawi		 20,000
FacilitAid
UK		 22,780
Pragya
UK		 20,000
Build
It International		 25,000
Excellent Development 20,000
Harpenden
Spotlight		 on Africa 25,000
The Hailer Foundation 16,000
Liverpool School ofTropical Medicine 25,000
East African Playgrounds 15,000
Book Aid International 30,000
African Adventures
Foundation		 15,000
Teach a Man to Fish 30,000
Afghanaid 30,000
Safe Child Thailand 15,000
Africa Educational
Trust		 30,000
S.A.F.EArts for Education 25,000
Water Witness
International		 25,000
Tearfund 20,000
Hand
in Hand
International		 20,000
SeeBeyondBorders 20,000
CAFOD 20,000
Edukid 15,000
Firefly International 20,000

NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
Community
Action		 Nepal 19,000
World Association of Girl Guides and Girl Scouts 18,000
Tools for Self Reliance 16,000
Acct UK (AIDS Care Education and Training) 15,182
Pebbles Project UK Limited 15,000
Self Help Africa (UK) 15,000
The Virtual Doctors 15,000
Scottish Love in Action 15,000
AfriKids
Limited		 15,000
Feed the Minds 15,000
Help2Read 15,000
Human
Appeal		 15,667
Action Village india 16,000
Right to Play UK 20,000
SOS Children's
Villages		 20,000
The TAG Foundation for Social Development 23,723
Peace Child International 25,000
School Aid 25,000
World Vision UK 25,000
Restless Development 25,000
Sightsavers 25,000
Opportunity
International		 UK 25,505
Children
on the Edge		 26,551
Hope for Children 29,287
Leonard Cheshire Disability 33,337
ADD International 35,000
Street Child 40,000
Unicef 50,000
Farm Africa 60,000
AMREF 200,000
Other Grants 385,133 247,007
1,024,315 1,395,857

Support Total Total
Governancef costs
6		 2020f 2019
F
Legal and administration charges 124,221 124,221 116,940
Website development 420 420 1,488
Auditors fees for audit services 6,100 6,100 6,750
Other charges 144 144 136
130,321 564 130,885 125,314
Total 2019 123,690 1,624 125,314
Support Costs (comparative)
Support
Governance costs
2019 2019
6 6
Legal and administration charges 116,940
Website development 1,488
Auditors fees for audit services 6,750
Other charges 136
123,690 1,624
7. Auditors' remuneration
2020 2019
6 6
Auditors remuneration 6,100 6,750

Total
funds
2019
Listed Cash
investments
8		 depositsf Total
6
At January 2019 29,716,274 29,716,274 24,514,588
Additions 8,270,363 8,270,363 7,101,845
Disposals (8,446,796) (8,446,796) (8,151,556)
Revaluations (2,643,116) (2,643,116) 6,251,397
Cash balance 844,255 844,255 2,020,858
Total2020 26,896,725 844,255 27,740,980 31,737,132
The ma
follows:		 rket value of investme nts
individually
constituting
more than		 5'/o ofthe total por
31 December 31 December
2020 2019
Informa pic 6,442,525 10,072,372

2020
6		 2019
f
Due within one year
Other debtors 1,677,953 2,375,730
1,677,953 2,375,730
Creditors: Amounts falling due within one year
2020f 2019f
Accruals
and deferred		 income 52,280 28,829
Grants payable 593,299 755,960
645,579 784,789

12. Creditors: Amounts falling due after more than one y ear
2020f 2019
5
Grants payable 346,850 340,140
13. Reconciliation
ofnet movement		 in funds to net cash flow from operating activities
2020f 2019
6
Net income/expenditure
for the period (as per Statement		 of Financial
Activities) (4,134,022) 8,436,954
Adjustments
for:
(Gains)/losses
on investments		 2,643,116 (6,251,397)
Dividends
received		 (357,234) (817,182)
(Increase)/decrease in cash investments 1,176,603 (2,020,858)
Decrease/(increase) in debtors 697,777 (1,644,299)
Increase/(decrease) in creditors (132,500) 65,818
Net cash used
in operating		 activities (106,260) (2,230,964)
14. Analysis
ofcash and cash		 equivalents
2020f 2019
6
Cash in hand 644,914 217,507
Total cash and cash equivalents 644,914 217,507
15. Analysis ofchanges in net debt
At 31
At 1 January December
2020
5		 Cash flows
6		 2020f
Cash at bank and in hand 217,507 427,407 644,914
217,507 427,407 644,914