2022-04-05-accounts

			Page
Legal and	administrative	information
Trustees'	report		2-3
Independent auditors'		report	4-5
Statement	offinancial	activities
Balance sheet
Notes to	the financialstatements		8-12

Charity number	Charity number	280455
Date oftrust		10June 1980
Trustees		Mrs Jane Wells
		Mrs Cathy	Ingram
		Ms Francesca Unsworth
Registered	Office	9 Bonhill Street
		London
		EC2A 4DJ
Solicitors		Heydons
		23 Bentink	Street
		London
		W1U 2EZ
Auditors		Begbies Chartered		Accountants
		9 Bonhill Street
		London
		EC2A 4DJ
Investment	managers	Nedbank Private		Wealth
		Millenium	Bridge	House
		2 Lambeth	Hill
		London
		EC4V 4GG
		UBS Financial Services
		1285Ave ofAmericas
		15th, 16th,	17th,	18th &20th Floors
		New York
		NY 10019

						FOR THE YEAR ENDED 5TH APRIL 2022	FOR THE YEAR ENDED 5TH APRIL 2022
							Unrestricted	Unrestricted
							fund	fund
							2022	2021
							f	E
Income from:
Investments							67,458	49,755
Interest							7	97
Totalincome							67,465	49,852
Expenditure		on:
RRii tt	d
Investment		management		fees			27,366	26,509
Charitable	activites
Grants payable							226,142	188,459
0~th		dtt
Professional		fees					9,000	10,200
Other costs								120
Total expenditure							235,142	799,779
Currency exchange			gains /		(losses)		8,296	(24,797)
Exchange gain/(loss)			on translation			of Investments	75,376	(114,980)
Gain / (loss)		on investment			transactions		23,037	717,444
Net Income		/ (expenditure)					(88,335)	402,231
Total funds	brought		forward				2,800,927	2,398,696
Total funds	carried		forward				2,712,591	2,800,927

Grants	payable
			2022			2021
		No		E	No		E
UK			10	117,000		7	68,500
USA			11	109,142		10	119,959
				226,142			188,459

Details ofgrants	Details ofgrants	paid during the year are listed	in note 10
Other charitable		expenditure
				2022	2021
				E	6
Accountancy	fees			4,500	4,500
Audit fees				4,500	4,500
				9,000	9,000

Gains / (losses) on investments
			2022	2021
			E	f
Disposal proceeds			603,690	426,974
Original purchase cost			(451,598)	(328,758)
Unrealised gains to date			(109,053)	(49,024)
Realised gains/(losses) for year			43,039	49,192
Net gains/(losses) on revaluation		at 5th April 2022	(20,002)	668,252
Gains / (losses) on investments			23,037	717,444
Unrealised currency exchange	gains / (losses)		75,376	(114,980)
			98,413	602,464
Investments			2022	2022
			f	f
Market value at 6th April 2021			2,699,028	2,019,829
Additions at cost			222,959	503,709
Disposals at carrying value			(560,651)	(377,782)
Unrealised currency exchange	gains/losses		75,376	(114,980)
Net gains/(losses) on revaluation		at 5th April 2022	(20,002)	668,252
Market value at 5th April 2022			2,416,710	2,699,028
Historic cost at 5th April 2022			1,740,253	1,921,673
UK investments			1,143,749	1,213,082
US investments			1,272,960	1,485,945
			2,416,710	2,699,027

			2022	2021
The Growth	Fund ofAmerica		121,124	247,665
Wisdomtree	US Growth Fund			144,226
Invesco QQQ Trust			137,397	179,383
Ishare Trust	Core S&PSmall-Cap	ETF	151,925	150423
Ishare Trust	Core S&P500		176,590	151,162
Fundsmith	LLP		122,460
			709,497	872,859

Grants made to in	stitutions	were as follows:
					2022	2021
Recipient		Purpose ofgrant			E	f
Three Generations		Raising awareness	of crimes against humanity		85,383	107,587
The Tibet Fund		Preserve cultural identity ofTibetan people			7,425	768
Florence Buchanan		Documentary film	about tolerance		2,970
pioneer projects					1,000
The Merwin Conservancy		Inspiring innovation	in the arts		3,712	3,842
The Sanar Institute		Supports victims of interpersonal		violence	2,227
Four Way Books		Non-profit literary	organisation		7,425	7,761
Mozart to Maputo		Children's Programme in Mozambique			10,000	5,000
Caris Islington		Bereavement counselling			40,000	20,000
Highbury Vale Blackstock		Community centre			50,000	25,000
Museum of Homelessness		Social justice museum			1,000	1,000
Park Theatre		London theatre			5,000	5,000
BAATN		Black, African and	Asian Therapy	Network	10,000	10,000
Matsena Performance	Theatre	Contemporary Dance Project				2,500
					226,142	188,458