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|Reports|||
|---|---|---|
|Legal and administrative<br>information|||
|Report ofthe trustees||2-6|
|Independent<br>auditor's|report|7-9|
|Accounts|||
|Statement<br>offinancial|activities|10|
|Statement<br>offinancial|position||
|Notes to the accounts||12-19|





|Reference|Reference|and administrative|and administrative|information|||
|---|---|---|---|---|---|---|
|Patron||||HRH The Prince of|Wales, KG||
|Trustees||||John Fda Luz Camacho|||
|||||Alessandra<br>Vinciguerra|||
|||||Caroline<br>Howard|||
|Registered||Office||89 Judd Street|||
|||||London|||
|||||WC1H 9NE|||
|Charity|Registration||Number|289605|||
|Auditors||||TC Group|||
|||||76 New Cavendish|Street||
|||||London|||
||||W1G 9TB||||
|Bankers|||Charities<br>Aid Foundation|||Bank Limited|
||||25 Kings<br>Hill Avenue||||
|||||Kings<br>Hill|||
||||West Mailing||||
||||Kent||||
||||ME194JQ||||





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|||||2020|2019|
|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|
|||||Funds|Funds|
||||Notes|E|E|
|Income and endowments|from:|||||
|Donations<br>and legacies||||20,000|15,000|
|Investments||||16,807|19,656|
|Other||||908|1,371|
|Total income and endowments||||37,715|36,027|
|~E»<br>dit||||||
|Raising funds||||(7,506)|(6,246)|
|Charitable<br>activities||||(15,476)|(17,200)|
|Total expenditure||||(22,982)|(23,446)|
|Gains and losses on investments:||||||
|Unrealised<br>gains/(losses)|on revaluation|of||||
|Investments||||23,093|56,424|
|Realised gains on sale of|investments|||952|50,867|
|Net gains/(losses)<br>on investments||||24,045|107,291|
|Net income/(expenditure)|and|||||
|Net movement<br>in funds||||38,778|119,872|
|Reconciliation<br>offunds:||||||
|Balances brought forward||||||
|At 1 January<br>2020||||3,405,459|3,285,587|
|Balances carried forward||||||
|At 31 December 2020||||3,444,237|3,405,459|





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||||2020|2019|
|---|---|---|---|---|
|||Notes|K|E|
|Fixed assets|||||
|Tangible assets||10|2,455,680|2,455,680|
|Investments||11|957,151|927,835|
||||3,412,831|3,383,515|
|Current assets|||||
|Debtors due within one year||12|16,448|14,432|
|Cash at bank and in|hand||25,116|17,670|
|Creditors: Amounts|falling due||||
|within one year||13|(10,158)|(10,158)|
|Net current assets|||31,406|21,944|
|Total assets less current liabilities|||3,444,237|3,405,459|
|Represented<br>by:|||||
|Funds and reserves|||||
|Unrestricted<br>funds|||3,444,237|3,405,459|







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|3.|Income from Investments|Income from Investments|||
|---|---|---|---|---|
||||2020|2019|
||Interest receivable||2,179|3,680|
||Dividends||12,618|13,716|
||Charities<br>Property|Fund distributions|2,010|2,260|
||||16,807|19,656|
|4.|Other Income||||
||||2020|2019|
|||||E|
||Royalty income||908|1,371|
|5.|Raising funds||||
||||2020|2019|
||Investment<br>management<br>costs||7,506|6,246|
|6.|Charitable<br>activities||||
||||2020|2019|
||||E|E|
||Grants payable (see note 7)||||
||Support costs (see|note 8)|15,476|17,200|
||||15,476|17,200|
|7.|Grants payable||||





|8.|Support costs|Support costs|||
|---|---|---|---|---|
||||2020|2019|
|||||E|
||Artists, concerts and consultancy||198|198|
||Governance|costs:|||
||Audit fees||7,968|7,968|
||Accountancy|fees|1,992|1,992|
||Legal fees||||
||Miscellaneous|expenses|5,783|6,447|
||Exchange<br>(gain)/loss||(465)|595|
||||15,476|17,200|



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|ous exemptions<br>available to registered<br>c<br>Tangible fixed assets|harities.|||
|---|---|---|---|
||Land at|Greek Theatre &||
|Land and buildings|Ischia|remedial work|Total|
||E|E||
|Cost at 1 January 2020 &||||
|31 December 2020|717,800|1,737,880|2,455,680|
|Depreciation<br>at 1 January 2020 &||||
|31 December 2020||||
|Net book value at 1 January 2020 8||||
|31 December 2020|717,800|1,737,880|2,455,680|





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|||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|---|
|||||||||E|E|
||Listed investment|||and cash held for||re-investment||||
||Listed investments|||||||||
||Market value|at 1|January|||||889,582|788,844|
||Additions<br>at|cost||||||204,271|316,586|
||Disposal|||||||(185,735)|(272,272)|
||Net unrealised<br>investment||||gain/(losses)|||23,093|56,424|
||Market value|at 31||December||||931,211|889,582|
||Cash held by investment||||managers|for|re-investment|25,940|38,253|
|||||||||957,151|927,835|
||Cost of listed|investment|||at 31 December|||827,295|821,072|
|All|listed investments||were dealt on recognised||||stock exchanges.|Listed investments|held at|
|31|December 2020 comprised||||the following:|||||
|||||||||2020|2019|
|||||||||E||
||UK equities|||||||201,064|230,954|
||Overseas equities|||||||348,517|332,864|
||Fixed interest|||||||253,686|208,922|
||Unit trusts|||||||52,606|54,000|
||UK property|funds||||||||
||Cash for re-investment|||||||25,940|38,253|
||Commodities|||||||75,338|62,842|
|||||||||957,151|927,835|
|12.|Debtors|||||||||
|||||||||2020|2019|
|||||||||8|E|
||Due within one year|||||||||
||Charity repayment|||claim||||10,853|10,854|
||Accrued investment|||income||||572|572|
||Dividends|||||||5,023|3,006|
|||||||||16,448|14,432|





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|13.Creditors: amounts|falling due within one year|||
|---|---|---|---|
|||2020|2019|
|||E|E|
|Accruals —audit &accountancy||10,158|10,158|



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