THE VICTOR ADDA FOUNDATION
FINANCIAL STATEMENTS
FOR THEYEAR ENDED 31 MARCH 2021

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|||Page|
|---|---|---|
|Trustees'<br>Report||1-3|
|Independent<br>Examineds|Report||
|Statement ofFinancial Activities|||
|Balance Sheet|||
|Notes to the Financial Statements||7-9|





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|||||||||31/03/2021|31/03/2020|
|---|---|---|---|---|---|---|---|---|---|
||||||||Note|Unrestricted|Unrestricted|
|||||||||Fund|Fund|
|||||||||6||
|Income||||||||||
|Investment<br>Income<br>Investment<br>Ex Gratia Receipt|||||||3|50,694.62|61,612.59<br>377.84|
|Total Income||||||||||
|||||||||50,694.62|61,990.23|
|Expenditure||||||||||
|Costs ofraising|funds:|||||||||
|SG Kleinwcn<br>Hambros|||investment||Management|Fees||11,344.83|10,204.60|
|Expenditure<br>on|Charitable|||Activities:||||||
|Donations||||||||||
|Support Costs||||||||35,035.00<br>7,620.00|30,000.00<br>5,280.00|
|Total Expenditure||||||||53,999.83|45,484.60|
|Net Income/(Expenditure)||||Before|Gains and|||||
|Losses on investmsnts||||||||(3,305.21)|16,505.63|
|Nst (Losses)/Gains||on|Investments|||||||
|Realised||||||||||
|Unrealised<br>Accnred Income<br>Book Cost Adjustment||||re Union Bsncaire||||30,283.56<br>132,634.91<br>328.73<br>(3,034.39)|(27,434.34)<br>(153,867.65)<br>510.53|
|||||||||160,212.81|(180,791.46)|
|Net Movement|in Funds||in|the Year||||156,907.60|(164,285.83)|
|Funds||||||||||
|At 1 April 2020||||||||1,524,274.09|1,688,559.92|
|Net Movement<br>ofResources||||in the Year||||156,907.60|(164,285.83)|
|At 31 March 2021||||||||61,681,181.69 61,524,274.09||





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|3|I<br>|I<br>|I<br>||||
|---|---|---|---|---|---|---|
||nvestment<br>Income<br>Income from UK Listed Securities<br>Investment<br>Ex Gratia Receipt||||2021f<br>50,694.62|2020<br>6<br>61,612.59<br>377.64|
||||||250,694.62|661,990.23|
|4|Donations|to Charitable<br>Institutions|||2021|2020|
||The Fan Museum<br>Trust<br>Karen Kagan||||6<br>30,000.00<br>5.035.DD|9<br>30,000.00|
||||||635,035.00|230,000.00|
|5|Analysis of|Governance<br>and Support||Costs|||
||||||2021|2020|
||Governance <br>SG Kleinwort<br>SG Kleinwort|Costs:<br>Hambros<br> Hambros|Trust Company<br>Trust Company|(UK) Limited Fess<br>(UK) Limited ARC Fees|6<br>6,420.00|6<br>4,020.00<br>60.00|
||Independent|Examiner's|Fees||1,200.00|1,200.0D|
||||||27.620.00|65,280.00|



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|Itt|lid|||
|---|---|---|---|
|nvesmens|ste on a recognised Stock Exchange|2021|2020|
|Market Value|Brought Forward|1,249,903.24|6<br>1,614,668.24|
|Purchases<br>Disposals||553,188.20<br>(391,385.67)|206,151.18<br>(389,614.19)|
|||1,411,705.77|1,431,205.23|
|Realised Gain/(Loss)<br>Unrsalissd<br>Gain/(Loss)||30,283.56<br>132,634.91|(27,434.34)<br>(153,857.65)|
|Market Value|Carried Forward|21,574,624.24|21~9,903.24|





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|8|Debtors||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||Accrued Income<br>Dividends<br>Due<br>Tax Reclaimable||||8<br>73.00<br>660.00<br>11,571,62|8<br>130.00<br>4,291.77<br>11,571.62|
||||||8f2,304.62|8I5,993.39|
|9|Creditors, amounts|falling due within||one year|2021|2020|
||||||8||
||Independent<br>Examiner's<br>SG Kleinwort<br>Hambros||Fee<br>Trust Company|(UK) Limited Fees|2,400.00<br>2,025.00|2,400.00<br>2,025.00|
||||||54,425.00|84,425 00|