VYbJsk9un*urnTransorbc Ref. 5PVR4A9G448QH % Jan 2023 22..34..38 GMTIUTC +0) D 111 P 1178 Charity number: 277309 DR RICHARD SOLOMONS. CHARITABLE TRUST UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022
VYbJsk9un*urnTransorbc Ref. 5PVR4A9G448QH % Jan 2023 22..34..39 GMTIUTC +0) D 111 P W78 DR RICHARD SOLOMONS. CHARITABLE TRUST CONTENTS Page Reference and administrative details of the Charity. its Trustees and advisers Trustees. report Independent examinerfs report Statement of financial activities Balance sheet Notes to the financial statements 8-16
VYbJsk9un*urnTransorbc Ref. 5PVR4A9G448QH % Jan 2023 22..34..39 GMTIUTC +0) D 111 P 3178 DR RICHARD SOLOMONS. CHARITABLE TRUST REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 5 APRIL 2022 The Dr Richard Solomons. Chaiitable Trust was set up by Dr Richard ScAomons for Charitable purposes by means of a deed dated 9 November 1978. Trustees Richard Edgar Bethel Sdomcfis Zachary Julian Bethel Solomons Zoe Jessica Bethany Solomons Saskia Caitlin Mayne Sok)mons Charity registered number 277309 Principal office Fell Edge Farm Straight Lane Addingham Moorside Ilkley LS29 9JY Accountants James Cowper Kreston Chartered Accountants Reading Bridge House George Street Reading RG18LS Bankers Triodos Bank Deanery Road Bristol BS15AS Solicitors Forsters LLP 31 Hill Street London W1J 5LS Investmenl managers JMFinn&Co 4 Coleman Street London EC2R STA Page 1
VYbJsk9un*urnTransorbc Ref. 5PVR4A9G448QH % Jan 2023 22..34AO GMTIUTC +0) D 111 P4178 DR RICHARD SOLOMONS. CHARITABLE TRUST TRUSTEES. REPORT FOR THE YEAR ENDED S APRIL 2022 The Trustees present their annual report together wth the financial statements of the Charity for the year 6 April 2021 to 5 April 2022. The Charity also operates under the name The Stella Charitable Trust. Objectives and activities Policies and objectives The Trustees stand possessed of the Trust Fund and the income thereof upon trust to pay the same at their discretion lo charitable organisations or individuals lor educational purposes or for relief by reason of poverty, sickness, age. accident or disaster, or for charitable purF)oses generally. In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit. including the guidance 'Public benefit.. running a charity IPB2)'. Achievemonts and pèrformance Main achievements of the Charity The Charity maintains il's aims of support to smaller charrties that are secular, generally with incomes below £700,000 a year, and overheads below 16% of inme, that spend a major proportion of their administrative lunds In the county In whlch they operate io reduce povety In a sustalnable manner and where local partners participatè and havè some control over thè choieè and implèmentation of programmès. We have supported irrigation and dean water prcgrammes that are fundamental to the health and well- beiThJ of the communities they serve. We have continued to support Bees Abroad which is community focussed and has Particular low overhead costs. We have also conts'nued to support Chase Africa and their projects in family planning and in community trefrplanling. Previously start-up funding was granted to Tierra Roja and we have supported them again this year. This year. we have supported four new charities who weren't supported last year, Children of Rwanda, Disability Africa, Eco-Logic Development Fund and NORCA & Sistema. Financial review . oveieW The attached financial statements show the financial resutts of the charity for the year. Income from stock Maet investments for the year amounted lo £15,451 12021.. £10,995) as detailed in the accounts. Grants made during the year amounted to £56,000 {2021: £45,500). b. Going conc8rn After making appropriate enquiries. the Trustees have a reasonable expectation that the Charity has adequate resources lo ojntinue in operational existence for the foreseeable future. For this reason, they continue lo adopt the going conrn basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting poliues. Page 2
VYbJsk9un*urnTransorbc Ref. 5PVR4A9G448QH % Jan 2023 22..34AO GMTIUTC +0) D 111 P 5178 DR RICHARD SOLOMONS. CHARITABLE TRUST TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 5 APRIL 2022 c. Reserves policy The Trustees wish to retain suffiaent reserves lo continue the current level of grant making. Having rewewed The Charl$ finances the Trustees consider this can be achieved by maintaining the existing level of investments. The Trustees consider all funds to be unrestrtcted and that grants from the capital fund would be made if a specrfic need arose. d. Investments policy The Trustees. with the admce of their investsnent managers. have 0pted a medium risk policy wth an aim of income generation. The investment policy excludes amaments or military companies and those trading in tobacco. Principal risks and uncertainties The Trustees have reviewed the risks faced by the charity and consider their existing systems minimise these risks. The Trustees consider that the major risk faced by the charity is the fluthation in the value of, and the income generated by, rts investments. The Trustees have mitigated this risk by using the seryices of a leading invesknenl manager, J M Finn and Co. Structure. govomance and management Constiiution Dr Richard Solomons. Charitable Trust is a registered tharity, number 277309. and is constituted under a Twsl deed dated 9 November 1978. The Setuor is Richard Edgar Bethel Solomons. The Trust is usually referred lo as The Stella Chanlable Trust. The Trust teminates on 9 November 2058. or such eartier date as the Trustees in their absolute discretion may detemiine. b. Methods of appointrnent or election of Trustee5 New or additional trustees may be appointed by the settlor during his lifetime and thereafler by his eldest child. The maximum number of trustees is five. The day lo day running ol the charity and sUggeStn5 for the recipient and timing of grants are made by Dr Richard Solomons. Material decisions, approval of grants. policy changes and the approval of the trustees rewt and annual accounts are made by all trustees. Page 3
VkiuaBunatLnTrarffjxlvM Ref. SPVRgG44BQH 28kn 2023 22..34..41 Gwf (UTC +0) D 111 PWI8 DR RICHARD SOLOMONS. CHARrrABLE TRUST TRUSTEES. REPORT {CONTINUED FOR THE YEAR ENDED 5 APRIL 2022 ststement of Trustees. responsibilities The Trustees are responsible for preparing the Trustees, report and the financial statements in accordance wtth applicable law and United Kingdom Accounting Stsndards (United Kingdom Genefally Accepted Accounting Practice}. The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources. including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required lo= select suitable accounting policies and then apply them consistently,. observe the methods and principle5 of the Charitie5 SORP {FRS 1021.. make judgments and accounting estimates that are reasonable and prudent" state whether applicable UK Accounting Standards {FRS 1021 have been followed, subject to any material departures disclosed and explained in the financial ststements.. prepare the financial statements on the Ing concern basis unless it is inappropriate to presume that the Charty wll continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Chantys transactions and disclose wth reasonable accuracy at any time the financial posth.on of the Charty and enable them lo ensure that the financial statements comply wth the Charities Act 2011, the Charty (Accounts and Reports) Regulations 2008 and the provtsions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees and signed on their behalf by.. Richard Edgar Bethel Solomons Dale: 26 January 23 Page 4
VYbJsk9un*urnTransorbc Ref. 5PVR4A9G448QH % Jan 2023 22..34A1 GMTIUTC +0) D 111 P 7178 DR RICHARD SOLOMONS. CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED S APRIL 2022 Independent Exarninerfs Report to the Trustees of Dr Richard Solomons. Charitable Trust Ilhe Charity) I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 5 April 2022. Responsibilities and Basis of Report As the Trustees of the Charity you are responsible for Ihe preparation of the accounts in accordance with the requirements of the Charities Act 2011 1.the 2011 ACY). I report in respect of my examination of the Charitys accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Direcb"ons given by the Charlty Commission under section 14515)Ibl of the 2011 Act. Independent Exarninerfs Statement Your attention is drawn lo the fact that the Charity has prepared the accounts in accordance wqth Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) in preference lo the AcuntIng and Reporting by Charities= Statement of Recommended Practice issued on 1 April 2005 which is referred lo in the extsnt regulations bul has been wthdrawn. l understand that this has been done in order for the accounts to provide a tfue and fair view in accordance Moth the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act., or the accounts do not accord wrih those records; or the accounts do not comply with the applicable rUirementS conceming the form and content of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fair, view which is not a matter )nsidered as part of an independent examination. I have no concerns and have come across no other matters in connection wqth the examination to which attention should be drawn in this report in order to ergble a proper understanding of the accounts to be reached. This report is made solely to the Charity's Trustees, as a body, in accordance wth Part 4 of the Charities {Account5 ar Repxjrts) Regulations 2008. My work has been undertaken so that I might state to the Charitys Trustees those matters l am required to state to them in an Independent examinerts report and for no other purpose. To the fullest extent perniitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charitys Trustees as a body, for my'work or for this report. Signed= Dated.. 27 January 2023 Darren O'connor Bsc (Hons) FCCA ACA (Senior Statutory Auditor) James Cowper Kreston Audit 2 Communications Road Greenham Business Park Greenham Newbury RG19 6AB Page 5
VYbJsk9un*urnTransorbc Ref. 5PVR4A9G448QH % Jan 2023 22..34A1 GMTIUTC +0) D 111 p e118 DR RICHARD SOLOMONS. CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED S APRIL 2022 Unrestricted Endowment funds funds 2022 2022 Total funds 2022 Total funds 2021 Note Income and endowmènis from: Donations and legacies Investsments other income 157.370 15,451 157,370 15.451 7,500 10,995 24 Total income and endowrnents 172.821 172,821 18.519 Expenditure on: Investrment management costs Charitable actimties 2.398 2.398 60.373 2,129 49,081 60,373 Total expenditure 60,373 2.398 62,771 51.210 Net incomellexpenditure) before net gain$ on investments Nel gains on investments 112.448 {2,398) 8,230 110.050 8,230 (32,691) 105,014 Net movement in funds 112,448 5,832 118.280 72,323 Reconciliation of funds: Total funds brought forward Nel movement in funds 64,526 112.448 403.074 5.832 467,600 118.280 395.277 72.323 Total funds carried forward 176.974 408.906 585.880 467,600 The Statement of Financial Activities in¢ludes all gains and1055es reccgnised in the year. The notes on pages 8 to 16 fomi part of these financial statements. Page 6
VkiuaBunatLnTrarffjxlvM Ref. SPVRgG44BQH 28kn 2023 22..34..42 Gwf (UTC +0) D 111 P 9118 DR RICHARD SOLOMONS. CHARrrABLE TRUST 8ALANCE SHEEr AS AT 5 APRIL 2022 2022 2021 Note Fixed assets Investments 10 505.959 423. 135 505.959 423. 135 Current assets Debtors 11 21,474 66.319 1,500 50.837 Cash at bank and in hand 87.793 52.337 Credrtors= amounts falling due wthin one year 12 17,8721 (7,872) Net current assets 79.921 44,465 Total net assets 585.880 467.600 Charity funds Endowment funds Unrestricted fLinds 13 13 408.906 176.974 403,074 64,526 Total funds 585,880 467.600 The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.. Richard Edgar Bethel Solomons Dale: 26 January 223 The notes on pages 8 to 16 ft)Tm part of these financkgl stalements. Page 7
VYbJsk9un*urnTransorbc Ref. 5PVR4A9G448QH % Jan 2023 22..34A2 GMTIUTC +0) D 111 P 10118 DR RICHARD SOLOMONS. CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2022 General inforrnation The Dr Richard Solomons, Charitable Trust is a registered charity in England and Wales. The address of ils registered office is Fell Edge Fami, Straight Lane, Addingham Moorside, Ilkley, LS29 9JY. Accounting policies 2.1 Basis of preparaiion of financial statements The financial statements have been prepared in accordance Mryth the Charitie5 SORP {FRS 1021- Accounting and Reporbng by Charities= Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191, the Financial Reports"ng Standard applicable in the UK and RepublÈc of Ireld IFRS 1021 and the Charities Act 2011. The financial statements have been prepared to give a 'true and fairf view and have departed from the Charities IAccounts and Reports) Regulations 2008 only to the extent required to provide a Irue and fair. view. This departure has involved following the Charilies SORP IFRS 1021 published in October 2019 rather than the Accounting and Reporting by Charities.. Statemenl of Recommended Practice effective from 1 April 2005 which has since been wthdrawn. Dr Richard Solomons, Charitsble Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recogni5ed at historical c05t or transaction value unless othermse stated in the relevant accounting p)lTrcy_ 2.2 Incom8 Al income is recogni5ed once the Charity has entitlement to the income, it is probable that the income wll be received and the amount of income receivable can be measured reliably. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the lime of the donab"on. other income is recognised in the period in which rt is receivable and to the extent the gcM)ds have been provided or on completion of the service. 2.3 Expenditure Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit to a third party. it is probable that a transfer of economic benefrts wtll be required in settlement and the amount of the obligation can be measured reliably. EXTlI1Ure on raising funds includes all expenditrjre incurred by the Charity to raise funds for its charitable purpose5 and include5 Costs of all fundraising activities event5 and non-Charitae trading. Expenditure on charitable actiwties is incurred on diredy undertaking the activities lch further the Charitys objectives, as well as any assouated support costs. Grants payable are charged in the year Nthen the offer is made except in those cases where the offer is condits'onal, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commiknent. but not accrued as expendilure. AJI expenditure is indusive of Irrecoverab VAT. Page 8
VYbJsk9unurnTransorbc Ref. 5PVR4A9G448QH % Jan 2023 22..34A3 GMTIUTC +0) D 111 P 11118 DR RICHARD SOLOMONS. CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2022 Accounting policies Icontinuedl 2.4 Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity- this is normally upon notification of the interest paid or payable by the institution wth whom the funds are deposited. 2.5 Investments Fixed asset investments are a fomi of financial instrument and are inilialty recognised al their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in Mthich case il is measured at cost less impairment. Investsment gains and losses. whether realised or unrealised, are ccmbined and presented as 'Gainsl{Lossesl on investments, in the Statement of financial activities. 2.6 Debtors Trade and other debtors are recognised at the Settlement amount after any trade discount offered. Prepayment5 are valued at the amount prepaid net of any trade discounts due. 2.7 Cash at bank and in hand Cash at bank and in hand indudes cash and short-temi highly liquid investments wqth a short malurty OT three months or less ITOM the dale of acqulsltson or openlng OT the dep)slt OT slmllar account. 2.8 Liabilities and provisions Liabilib"es are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit wll be required in settlement, and the amount of the settlement can be estimated reliably. 2.9 Fund accounting The unrestricted income fund of the chanty is available for any charitable purpose at the discretion of the trustees. The capital endowment fund is an expendable endowment and is a150 unrestricted. It is to invested and the income used for any charitable purpose al the discretion of the trustees. The trust deed permits the trustees at their discretion to apply the capital of the charity to charitable purposes. Page 9
VYbJsk9un*urnTransorbc Ref. 5PVR4A9G448QH % Jan 2023 22..34A3 GMTIUTC +0) D 111 P 1¥18 DR RICHARD SOLOMONS. CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2022 Income frorn dollations and legacies Unrestricted funds 2022 Total funds 2022 Total funds 2021 Donations 157.370 157,370 7,500 Total 2021 7,500 7.500 Investment income Unrestricted funds 2022 Total funds 2022 Total funds 2021 Income from investrments 15.435 16 15.435 16 10.972 23 Interest income 15.451 15.451 10,995 Totsl 202t 10,995 10,995 Analysis of expenditure on charitable activities Summary by fund type Unrestricted funds 2022 Total 2022 Total 2021 Direct costs 60,373 60.373 49.081 Total 2021 49,081 49,081 Page 10
VYbJsk9un*urnTransorbc Ref. 5PVR4A9G448QH % Jan 2023 22..34A4 GMTIUTC +0) D 111 P 12118 DR RICHARD SOLOMONS. CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2022 Analysis of expenditure by activities Grant funding ol activities Support costs 2022 Total funds 2022 Total funds 2021 2022 Direct Costs 56.000 4.373 60,373 49,081 Total 2021 45,500 3,581 49,081 Analysi5 of support cost5 Total funds 2022 Total funds 2021 Activities 2022 Accountancy Independent examination Bank charges 3,552 768 3.552 76B 3,552 53 29 4,373 4,373 3,581 Total 2021 3,581 3,581 Page 11
VYbJsk9un*urnTransorbc Ref. 5PVR4A9G448QH % Jan 2023 22..34A4 GMTIUTC +0) D 111 P 14118 DR RICHARD SOLOMONS. CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2022 Analysis of grants 2022 2021 Bees Abroad Chase Africa 4,500 4.500 4.500 4,500 4.500 Children of Fèwanda Dig Deep (Africa) Disability Africa Eco-Logic Development Fund Joliba Trust Labour Behind the Label 4,500 4,500 4,500 4,500 4,500 5,000 4.500 Light Without Borders NORCA & Sistema (Banana Link) Tierra Roja Cuxtitali Tcx)Is for Self Reliance 2.000 4.500 4,500 4,500 4,500 4.500 4,500 4,500 4,500 4,500 4.500 Village Aid WaterHarvest Work Aid 56,000 45,500 Indapondent examiner's remuneration The independent examine¢s remuneration ani)unts to an independent examiner fee of £76812021- £ -). Trustees. remuneration and expenses During the year, no Tfustees received any remuneration or other benefits (2021- £NIL). During the year ended 5 April 2022. no Trustee eXnseS have been incurred (2021- £NILJ. Page 12
VYbJsk9un*urnTransorbc Ref. 5PVR4A9G448QH % Jan 2023 22..34A4 GMTIUTC +0) D 111 P 1&18 DR RICHARD SOLOMONS. CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2022 10. Fixed asset investments Listod investments Cost or valuation At 6 April 2021 Additions 423,135 102,116 (27,5791 8,287 Disposals Revaluations At 5 April 2022 505,959 Not book value At 5 April 2022 505,959 At 5 Apn-12021 423. 135 The historical cost of the investment portfolio at 5 April 2022 was £404,726 (2021.. £330,189). 11. Debtors 2022 2021 Due within one year other debtors 21,474 1,500 21,474 1,500 12. Creditors: Amounts falling due within one y8ar 2022 2021 Trade credrtors Accruals and deferred income 3,552 4,320 4,320 3.552 7,872 7.872 Page 13
VYbJsk9un*urnTransorbc Ref. 5PVR4A9G448QH % Jan 2023 22..34AS GMTIUTC +0) D 111 P 16f18 DR RICHARD SOLOMONS. CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2022 13. Statement of funds Statement of funds - Current year Balance at 6 April 2021 Gainsl Balance at 5 (Losses) April 2022 Income Expenditure Unrestricled funds Unrestricted Income Fund 64,526 172,821 160,373) 176,974 Endowment funds Capital Endowment Fund 403.074 12.398) 8.230 408,906 Total of funds 467,600 172,821 (62.771) 8.230 585,880 ststement of funds - prior year Balance at 6 April 2020 Gains/ Balance at (Losse5) 5April 2021 Income Expenditure Unrestricted funds Unrestricted Income Fund 95.088 18.5t9 (49.081) 64.526 Endowment funds Capital EndowTnenl Fund 300, 189 (2. 129) 105,014 403,074 Total of funds 395,277 18,519 (51,210) 105,014 467,600 Page 14
VYbJsk9un*urnTransorbc Ref. 5PVR4A9G448QH % Jan 2023 22..34AS GMTIUTC +0) D 111 P 17118 DR RICHARD SOLOMONS. CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2022 14. Summary of funds Summary of funds - current year Balance at 6 April 2021 Gainsl Balance at 5 (Losses) April 2022 Income Expenditure General fvnds Endowment funds 64,526 403.074 172,821 (60,373) {2.398) 176,974 408,906 8.230 467,600 172,821 162,771) 8,230 585,880 Summary of funds- prioryear Balance at 6 April 2020 Gains/ Balance at (Losses) 5 April 2021 Income Expenditure General funds Endowment funds 95,088 300, 189 18.519 (49,081) (2, 129) 64,526 403,074 105,014 395.277 18.519 (51.210) 105.014 467.600 15. Analysis of net assets between funds Analysis of net assets between funds- current year Unrestricted Endowment funds funds 2022 2022 Total funds 2022 Fixed asset investments 97.053 87,793 17,8721 408,906 505,959 87,793 (7,8721 CurTenl assets Creditors due wthin one year Total 176,974 408,906 585,880 Page 15
VYbJsk9un*urnTransorbc Ref. 5PVR4A9G448QH % Jan 2023 22..34A6 GMTIUTC +0) D 111 P 18118 DR RICHARD SOLOMONS. CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2022 15. Analysis of net assets between funds {conlinuedl Analysis of net assets between funds- prior year Unrestricted Endowment funds funds 2021 2021 Total funds 2021 Fixed asset investments Current assets 20,061 52,337 (7,872) 403,074 423, 135 52,337 (7.872J Creditor5 due within one year Total 64,526 403,074 467.600 16. Related party transactions DuTing the year a donation of £51,523 12021: £3,000), without conditions, was received from Richard Solomons. During the year a donation of £31,373 12021: £3,CQO}. wqthout conditions. was received from Saskia Solomons. During the year a donation of £3,00012021.' £nill, without conditions, was received from Zoe Solomons. During the year a donation of £50,000 12021= £nil). without conditions, was received from Gilbert Edgar Fund Limited. Page 16