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|||||Note|Unrestricted|Expendable|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||||endowment|||
|Income|||||funds|funds|2022
E|2021f|
|Donations|||||||||
|Investments|||||233,120||233,120|242,237|
|Total income|||||233,120||233,120|242,237|
|Expenditure|||||||||
|Raising funds||||5|20,124||20,124|19,429|
|Charitable
activities||||6|1,194,523||1,194,523|(294,949)|
|Total expenditure|||||1,214,647||1,214,647|(275,520)|
|Net income/(expenditure)|||||(981,527)||(981,527)|517,757|
|Transfers
between|funds||||1,186,749|(1,186,749)|||
|Net income/(expenditure)||before|||205,222|(1,186,749)|(981,527)||
|investment
gains/(losses)|||||||||
|Other recognised|||||||||
|(losses)/gains|||||||||
|Net gains/(losses)|on investment||||73,579|419,921|493,500|1,491,224|
|assets|||||||||
|Net income and movement|||in||278,801|(766,828)|(488,027)|2,008,981|
|funds|||||||||
|Reconciliation
of|funds:||||||||
|Total funds at 1 May 2021|||||1,164,088|6,643,583|7,807,671|5,798,690|
|Total funds at 30|April 2022||||1,442,889|5,876,755|7,319,644|7,807,671|
##
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||||Note|2022|2022|2021|2021|
|---|---|---|---|---|---|---|---|
|||||F||E||
|Fixed assets||||||||
|Investments|||||8,279,734||7,625,941|
|Current assets||||||||
|Debtors||||59,140||42,868||
|Current asset investments||||||2,040,804||
|Cash at bank||||579,135||10,724||
|||||638,276||2,094,395||
|Creditors: amounts|falling due|||||||
|within one year|||10|(405,333)||(468,101)||
|Net current assets|||||232,943||1,626,294|
|Total assets less current||||||||
|liabilities|||||8,512,677||9,252,235|
|Creditors: amounts|falling after|||||||
|more than one year||||||||
|Grants payable|||||(1,193,033)||(1,444,565)|
|Total net assets|||||7,319,644||7,807,671|
|Represented
by:||||||||
|Charity funds||||||||
|Unrestricted
funds|||13||1,442,889||1,164,088|
|Expendable
endowment||funds|13||5,876,755||6,643,583|
|Total funds|||||7,319,644||7,807,671|
##
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||||||2022|2021|
|---|---|---|---|---|---|---|
||||||E|E|
|Cash flows from operating
activities|||||||
|||||Note|||
|Net income and movement
in funds|||||(488,027)|2,008,980|
|Investment
management
fees|||||20,124|19,429|
|Dividends
received|||||(205,417)|(172,793)|
|Interest received|||||(6,628)|(52,114)|
|Decrease/ (increase)
in receivables|||||(16,272)|6,902|
|Increase
/ (decrease)
in payables|||||(314,300)|(2,654,169)|
|Unrealised
(gains)
/ losses on investments|||||(452,264)|(1,470,343)|
|Net cash generated
from
/ (expended|by) operating||activities||(1,462,784)|(2,314,109)|
|Cash flows from investing
activities|||||||
|Dividends
received|||||205,417|26,726|
|Investment
management
fees|||||(20,124)|(19,429)|
|Proceeds from sale of investments|||||357,289|1,579,713|
|Purchase of investments|||||(480,688)|(1,595,004)|
|investment
in fixed term deposits||||||(2,040,804)|
|Proceeds from maturity
offixed term deposits|||||2,047,432|4,369,098|
|Net cash (invested
in) / received from|investing|activities|||2,109,326|2,320,301|
|Change
in cash and cash equivalents|in the year||||646,542|6,193|
|Cash and cash equivalents
brought
forward|||||208,235|202,042|
|Cash and cash equivalents
carried forward||||15|854,777|208,235|
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##
|Investment
income||||
|---|---|---|---|
|||2022|2021|
|||F||
|Distributions
reinvested:||||
|Schroder Charity|Equity Fund|196,518|163,396|
|Julius Baer Fund||29,974|26,726|
|Interest on cash|deposits|6,628|52,114|
|||233,120|242,237|
|Raising fun|ds||||||
|---|---|---|---|---|---|---|
||||||2022f|2021
E|
|Investment|manager charges||||20,124|19,429|
|Other costs|||||||
||||||20,124|19,429|
|n 2022 ofthe total costs||relating|to raising funds,|anil (2021:anil) was unrestricted.|||
|Charitable|activities||||||
||||||2022|2021|
|Expendable|endowment|funds|||||
|Summary
ofcharitable||activity:|||||
|Educational|projects|||||(310,646)|
|Social projects||||||0|
|||||||(310,646)|
|Unrestricted|funds:||||||
|Summary
of charitable||activity:|||||
|Educational|projects||||1,140,749||
|Social projects|||||46,000||
||||||1,186,749||
##
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|Support|costs:||||
|---|---|---|---|---|
|Foreign|exchange (gains)/losses|||8,659|
|Bank interest and charges|||40||
|Securities registration||fee|78|78|
|Auditor's|fee for audit|services|||
||current year||7,656|6,960|
||prior year||(0)|(0)|
||||1,194,523|(294,950)|
|||||2022|2021f|
|---|---|---|---|---|---|
|Educational
projects:||||||
|MIT —Kresge auditorium|fund|||||
|Zoological Society of London||||1,000,000||
|Foreign exchange differences||arising on unpaid|grant commitment|140,749|(310,646)|
|||||1,140,749|(310,646)|
|||||2022|2021|
||||||F|
|Social projects:||||||
|Women's
India Association||||10,000||
|Baroness Pola Uddin||||1,000||
|Unicef India Emergency|Fund|||25,000||
|Unicef Ukraine
Crisis||||10,000||
|||||46,000||
##
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##
|ixed asset investm|ents||||||
|---|---|---|---|---|---|---|
||||Securities|Unlisted|Cash held for|Total|
|||||securities|reinvestment|investments|
||||||f.|F|
|Market Value as at|1 May 2021||7,428,430||197,511|7,625,941|
|Purchases|||275,271||(275,271)||
|Sales|||(357,289)||357,289||
|Distributions
reinvested|||205,417|||205,417|
|Funds withdrawn|||||(25,000)|(25,000)|
|Other fund outflows|and||||(20,124)|(20,124)|
|expenses|||||||
|Unrealised/realised|(loss)/gain|in the|452,264||41,236|493,500|
|year|||||||
|Market value as at|30April 2022||8,004,093||275,641|8,279,734|
|Historical cost as at 30April 2022|||2,997,365||275,641|3,273,006|
|||||2022|2021|
|---|---|---|---|---|---|
||Schroder Charity||Equity Fund|5,711,332|4,954,508|
|8|Debtors|||||
|||||2022|2021|
||||||f,|
||Dividends|receivable||59,140|38,065|
||Interest receivable||||4,803|
|||||59,140|42,868|
##
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##
||||2022|2021|
|---|---|---|---|---|
|||||E|
|Fixed|term|deposits||2,040,804|
|||||2,040,804|
|10|Creditors: amounts|falling due in less than one year|||
|---|---|---|---|---|
||||2022|2021f|
||Accruals||7,656|6,960|
||Grants payable||397,677|461,141|
||||405,333|468, 101|
##
|Credit|ors: amounts
falling due in more than|one year||
|---|---|---|---|
|||2022f|2021|
|Grants|payable|1,193,033|1,444,565|
|||1,193,033|1,444,565|
##
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##
||||||2022f|2021
f.|
|---|---|---|---|---|---|---|
|Financial|assets measured||at fair value through|income and expenditure|8,858,870|9,677,469|
|-Securities, cash||and current asset investments|||||
|Financial|assets measured||at amortised
cost -|Other debtors and|59,140|42,868|
|accrued|income||||||
||||||8,918,010|9,720,337|
|Financial|liabilities|measured|at fair value —Accruals and grant creditor||1,553,783|1,912,666|
##
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##
##
|||Unrestricted|Endowment|Total|
|---|---|---|---|---|
|||funds|Funds|Balance|
|Investments||1,703,295|6,576,439|8,279,734|
|Current asset investments||(891,026)|891,026||
|Cash||579,136||579,136|
|Debtors||59,140||59,140|
|Creditors:|||||
|Amounts|due in less than one year|(7,656)|(397,677)|(405,333)|
|Amounts|due in more than one year||(1,193,033)|(1,193,033)|
|At 30April 2022||1,442,889|5,876,755|7,319,644|
|Prior year|||||
|||Unrestricted|Endowment|Total|
|||fundsf|Funds|Balance
E|
|Investments||921,314|6,704,627|7,625,941|
|Current asset investments||296,143|1,744,662|2,040,805|
|Cash||10,724||10,724|
|Debtors||42,868||42,868|
|Creditors:|||||
|amounts|due in less than one year|(106,960)|(361,141)|(468,101)|
|amounts|due in more than one year||(1,444,565)|(1,444,565)|
|At 30April 2021||1,164,088|6,643,583|7,807,671|
##
##
##
|Analy|sis ofcash|and cash equivale|nts||||
|---|---|---|---|---|---|---|
||||||2022f|2021
f'.|
|Cash|at bank and|in hand|||579,136|10,724|
|Cash|held as part|ofthe Foundation's|investment|strategy|275,641|197,511|
||||||854,777|208,235|
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