2021-04-05-accounts - The Tompkins Foundation

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19	January	1980	The sum of £50,000
			(including the £1,000 referred to above) gifted by G R F
			Tompkins
19	January	1981	389 Ordinary shares of £1 each in GRFT Holdings Limited
			(comprising 48.625% of the equity of that company) gifted
			by Mrs E N Tompkins

Audit procedures performed by the engagement team included:

discussions with management, including considerations of known or suspected instances of non-compliance with laws and regulations and fraud;
gaining an understanding of management's controls designed to prevent and detect irregularities; and
identifying and testing journal entries.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council's website at: https://www.frc.org.uk/Our-Work/AudiUAudit-andassurance/Standards-and guidance/Standards-and-guidance-for-auditors/Auditors-responsibilities-for audiUDescription-of-auditors-responsibilities-foraudit.aspx. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Mercer & Hole, Statutory Auditor Date: 25 January 2022

& Mercer Hole is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.

Steve Robinson Senior Statutory Auditor For and on behalf of Mercer and Hole Chartered Accountants and Registered Auditors St Albans AL 1 1NS

		2021	2021	2021	2020
	Note	Unrestricted	Unrestricted	Total	Total
		Income	Capital	Funds	Funds
		Funds£	Funds£	£	£
Income and Endowments
Investment income	2	248,168		248,168 _!	340,090
Total income		248,168		248,168	340,090
Expenditure
Cost of raising funds: Investment managers fees		143,368		143,368	143,706
Charitable activities	5,6	346,450		346,450	302,869
Total expenditure		489,818		489,818	446,575
Net income/(expenditure)
before gains and losses on investments		(241,650) - (241,650)			(106,485)
Other recognised gains and
losses
Net gains/(losses) on investments	8		2,380,133	2,380,133	(1,525,273)
Net income/ (expenditure)
after gains and tosses on investments		(241,650)	2,380,133	2,138,483	(1,631,758)
Transfer between funds		241,650	(241,650)
Net movement in funds			2,138,483	2,138,483	(1,631,758)
Total funds brought forward		91,910	11,529,710	11,621,620	13,253,378
Total funds carried forward		91,910	13,668,193	13,760,103	11,621,620

			2021		2020
		£	£	£	£
FIXED ASSETS
Investments 8			13,767,575		11,627,764
CURRENT ASSETS
Cash at bank and in hand		35,498		31,949
		35,498		31,949
LIABILITIES
Creditors falling due within one
year 9		42,970 )		38,093
Net current assets			(7,472)		(6,144)
TOTAL ASSETS
LESS CURRENT LIABILITIES			13,760,103		11,621,620
NET ASSETS			13,760,103		11,621,620
Represented by:
CAPITAL FUND
Unrestricted	10/11		13,668,193		11,529,710
INCOME FUND
Unrestricted	10/11		91,910		91,910
Total Charity Funds	10/11		13,760,103		11,621,620
Approved by the Trustees	on ('S. i. fU\^

	2021£	2020 £
Listed equities Income from fixed interest securities	177,429 70,739	279,870 57,043
Interest received on short term deposits		3,177
Other income
	248,168	340,090

ll distributions were made to institutions as follows:
2021£	2020 £
Arthroplasty for Arthritis 25,000 Childhood First 25,000	25,000 25,000
City of London School 75,000	25,000
Coronary Flow Trust 25,000
Douglas Macmillan Hospice 5,000	5,000
Families United Network	5,000
Guide Dogs for the Blind 20,000 Maggie's 10,000	10,000
Pancreatic Cancer UK 10,000
Royal Marsden Cancer Charity	25,000
St Johns Hospice 25,000	25,000
St Mary's Coronary Flow Trust	25,000
The Foundation of Nursing Studies 20,000	25,000
The Leonard Cheshire Foundation 25,000	25,000
The National Rheumatoid Arthritis Society	1,000
The Passage 25,000	25,000
The Police Foundation 25,000	25,000
Willow Foundation 25,000	25,000
340,000	296,000

	2021£	2020 £
Bank charges and interest	30	29
Audit	6,420	6,840
	6,450	6,869

	UK Listed Cash
	Investments deposits	Total
	£ £	£
Market value 6 April 2020	10,793,117 834,647' y	11,627,764 ^
Additions	825,804 1,786,367	2,612,171^
Disposal proceeds Revaluation to market value	(1,527,951) , (1,324,542) 2,380,133^	(2,852,493)^ 2,380,133^
Market value at 5 April 2021	12,471,103 ^ 1,296,472 ^	13,767,575^
Historical cost at 5 April 2021	10,724,355 ' 1,296,472^	12,020,827^

ITORS - Falling due within one year
	2021£	2020 £
Accruals	42,970 1	38,093
	42,970	38,093

					Gains/
					(losses) on	Transfer
		At 6 April	Income	Expenditure	investments	Between At 5 April
		2020				funds 2021
		£	£	£	£	£ £
Income		91,910	248,168	(489,818)		241,650 91,910
Capital	11,529,710				2,380,133	(241,650) 13,668,193
Total funds		11,621,620	248,168	(489,818)	2,380,133	13,760,103

	Unrestricted	Unrestricted
	Income fund Capital fund £ £		Total£
Investments	99,382	13,668,193	13,767,575
Short term deposits	35,498		35,498
Creditors	(42,970)		^42^970)
	91,910	13,668,193	13,760,103