## ## ## ## ## ## ## |`Trustees`||| |---|---|---| ||`MsLindseyAnderson`|| ||`MrJulianSainsbury`|| ||`MissJudithPortraitOBE`|| ||`MsJessicaSainsbury`|| |`Registered`|`ThePeak`|| |`Office`|`5WiltonRoad`
`-`|| ||`LondonSW1V1AP`|| |`Principal`|`MrsKarenEverett`|`ChiefOperatingOfficer`| |`Officers`|`MsThrisaHaldar`|`Executive`| ||`AllthePrincipalOfficersareemployedona part-timebasis.`|| |`Bankers`|`Child& Co`|| ||`1FleetStreet`|| ||
`LondonEC4Y1BD`|| |`Solicitors`
|
`PortraitSolicitors`|| ||
`21WhitefriarsStreet`|| ||
`LondonECAM7JW`|| |`Auditors`
|
`SafferyChampnessLLP`|| ||
`71QueenVictoriaStreet`|| ||
`LondonEC4V4BE`|| |`Investment`
|
`Schroder& CoLimited`|| |`Advisers`
|
`102Moorgate`|| ||
`LondonEC2R6DA`|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |`below:`||| |---|---|---| ||`GrantsApproved`|`£`| |`CivilLiberties& CommunityRelations`|`4`|`78,000`| |`General`|`3`|`33,000`| |`Jewish& IsraeliCauses`|`2`|`20,000`| |`Overseas`|`1`|`27,500`| |`YouthWork(includingart& education)`|`1`|`32,500`| |
`GrandTotal`
|
`11`
|
`191,000`
| ## ## ## # ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## # ## ## |||`Unrestricted`|`Expendable`|`Expendable`|`TotalFunds`||| |---|---|---|---|---|---|---|---| ||`Notes`|`Funds`|`Endowment`||`2021`||`2020`| |||
`£`|
`’`|
`£`|
`£`||
`£`| |`Incomefrom:`|||||||| |`Investments`|`3`|`464,079`||`-`|`464,079`||`575,666`| |`BankdepositInterestandotherincome`||`63`||`-`|`63`||`"1,326`| |`TotalIncome`||

`464,142`|
|

`-`|

`464,142`|
|

`576,992`| |`Expenditureon:`|||||||| |`Raisingfunds:`|||||||| |`Investmentmanagementfees`||`-`||`53,597`|`53,597`|`+`|
`56,350`| |`Charitableactivity:`|||||||| |`Grant-making:`|||||||| |`Grantexpenditure`|`4`|`191,000`||`-`|`191,000`||`518,426`| |`Grantrelatedsupportcosts`|`5`|`85,988`||`-`|`85,988`||`94,630`| |`TotalExpenditure`||
`276,988`||
`53,597`|
`330,585`||
`669,406`| |`NetOperatingSurplus/(Deficit)`||
`187,154`||
`(53,597)`|
`133,557`||
`(92,414)`| |`Netgains/{losses)oninvestmentassets:`||`-`||`3,360,270`|`3,360,270`||`(2,857,155)`| |`Transfersbetweenfunds`|`11`|`-`||`-`|`-`||`-`| |`Netmovementinfunds`||
`187,154`||
`3,306,673`|
`3,493,827`||
`(2,949,569)`| |`Reconciliationoffunds:`|||||||| |`Totalfundsbroughtforward`||`-`||`13,856,211`|`13,856,211`|`16,805,780`|| |`Totalfundscarriedforward`||
`187,154`
|
|
`17,162,884`
|
`17,350,038`
|
`13,856,211`
|| ## ## ## ## ## |||`Restated`| |---|---|---| ||`2021`|`2020`| ||
`£`|
`£`| |`Netcashusedinoperatingactivities`|
`(467,891)`|
`(668,376)`| |`Cashflowsfrominvestingactivities:`||| |`AdditionofFixedAssets`|`(4,118)`|`-`| |`Dividendsandinterestfrominvestments`|`459,653`|`575,666`| |`Purchaseofinvestments`|`(1,401,508)`|`(1,859,432)`| |`ProceedsfromSaleofinvestments`|
`1,163,690`|
`2,415,412`| |`Netcashprovidedby(usedin)investingactivities`|

`217,717`|

`1,131,646`| |`Changeincashandcashequivalents`|`(250,174)`|`463,270`| |`Cashandcashequivalentsbrought forward`|`671,931`|`208,661`| |`Cashandcashequivalentcarriedforward`|

`421,757`|

`671,931`| |`Reconciliationofnetcashusedinoperatingactivities`||| ||`2021`|`2020`| ||
`£`|
`£`| |`NetmovementinfundsasperStatementofFinancialActivites`|`3,493,827`|`(2,949,569)`| |`Dividendsandinterestfrominvestments`|`(459,653)`|`(575,666)`| |`(Gains)/Lossesoninvestments`|`(3,360,270)`|`2,857,155`| |`Depreciationcharges`|`1,498`|`910`| |`(Increase)/DecreaseinDebtors`|`(5,003)`|`16,865`| |`DecreaseinCreditors`|`(138,290)`

`(467,891)`
|`(18,071)`

`(668,376)`
| ## |`Analysisofthebalanceofcashasshowninthebalancesheet`|||| |---|---|---|---| ||||`Changein`| ||||`year`| ||
`2021`|
`2020`|| ||`£`|`£`|`£`| |`Cashatbankandinhand`|`183,408`|`144,042`|`39,366`| |`Cashbalancesheldbyinvestmentmanagerforreinvestment`|`238,349`|`527,889`|`(289,540)`| ||
`421,757`
|
`671,931`
|
`(250,174)`
| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |`ANTSPAYABLE(continued)`|||| |---|---|---|---| |`Theamountpayableintheperiodconsistedotthetoilowing:`|||| |`CivilUbertiesandCommunityRelations`|||`£`| |`BaobabCentreforYoungSurvivorsinExile`|||`20,000`| |`FreedomfromTorture(grantcancelled)`|||`(22,000)`| |`RefugeeandMigrantCentre(RMC)`|||`33,000`| |`RefugeesforJustice`|||`5,000`| |`RoomtoHeal`|||`20,000`| |`Overseas`|||| |`AshdenSustainablesolutions,betterlives`|`:`||`27,500`| |`YouthWork`|||| |`DreamBelteveAchleve(DBA)`|||`2,500`| |`SalmonYouthCentre`|||`18,000`| |`YoungFutures`|||`32,500`| |`JewishandIsraeliCauses`
`)`||`’`|| |`CouncilofChristians& Jews`|||`10,000`| |`WienerHolocaustLibrary`|||`10,000`| |`General`|||| |`AshdenSustainablesolutions,betterlives`|||`3,000`| |`PhoenixArchSchool- formerlyVernonHouseSchool`|||`1,500`| |`TheSainsburyArchive`|||`10,000`| |`UnitedSt.Saviours`|||`20,000`| |`TotalgrantspayableperStatementofFinanclalActivities`|||`191,000`| ## ## ## |`ALLOCATIONOFSUPPORTCOSTS`||||||| |---|---|---|---|---|---|---| ||`2021`|
`2021`|`2021`|`2020`|
`2020`|`2020`| ||`Grant-`|`Governance`|`Total`|`Grant-`|`Governance`|`Total`| ||`Making`||`Allocated`|`Making`||`Allocated`| ||
`£`|
`£`|
`£`|
`£`|
`£`|
`£`| |`Staffcosts`|`57,468`|`2,878`|`60,346`|`53,976`|`2,748`|`56,724`| |`Shareofjointofficecosts`|`12,926`|`-`|`12,926`|`16,292`|`-`|`16,292`| |`Directcostsincludingtravel`|`2,506`|`-`|`2,506`|`2,330`|`-`|`2,330`| |`Legalandprofessionalfees`|`2,898`|`-`|`2,898`|`14,558`|`-`|`14,558`| |`Depreciation`|`1,498`|`-`|`1,498`|`910`|`-`|`910`| |`Auditors’remuneration`|`-`|`5,814`|`5,814`|`-`|`3,816`|`3,816`| ||
`77,296`
|
`8,692`
|
`85,988`
|
`88,066`
|
`6,564`
|
`94,630`
| ## |`ANALYSISOFSTAFFCOSTS`||| |---|---|---| ||`2021`|`2020`| ||
`£`|
`£`| |`Salariesandwages`|`49,407`|`46,162`| |`Socialsecuritycosts`|`5,494`|`5,012`| |`Otherpensioncosts`|`5,445`|`5,550`| ||
`60,346`
|
`56,724`
| ## |`LeaseholdImprovements`||| |---|---|---| ||`2021`|`2020`| ||
`£`|
`£`| |`Cost`||| |`At6 April2020`
`Additions`|`9,100`
`4,118`|`9,100`
`=`| |`At5 April2021`|
`13,218`|
`9,100`| |`Depreciation`||| |`At6 April2020`|`7,280`|`6,370`| |`Chargefortheperiod`
`At5 April2021`|

`1,498`
`8,778`|

`910`
`7,280`| |`NetBookValue`||| |`At5 April2021`|`4,440`
|`1,820`
| ## ## ## |`FIXEDASSETINVESTMENTS`||| |---|---|---| ||`2021`|`2020`| ||
`£`|
`£`| |`Marketvalue6 April2020`|`13,463,177`|`16,876,312`| |`Less:disposalsatproceeds`|`(1,163,690)`|`(2,415,412)`| |`Add:Acquisitionatcost`|`1,401,508`|`1,859,432`| |`Netgains/(losses)oninvestments`|`3,360,270`|`(2,857,155)`| |`Marketvalue5 April2021`|

`17,061,265`|

`13,463,177`| |`Investmentcash`|`238,349`|`527,889`| |`Totalinvestments`|

`17,299,614`|

`13,991,066`| |`Theinvestmentsheldasat5 April`|`2021wereasfollows:`|||| |---|---|---|---|---| |||`2021`||`2020`| ||
`Cost`|
`Market`|
`Cost`|
`Market`| |||`Value`||`Value`| ||
`£`|
`£`|
`£`|
`£`| |`FixedInterest`|`1,835,189`|`1,867,511`|`1,835,188`|`1,737,733`| |`UKEquities`|`3,521,458`|`5,157,684`|`3,806,288`|`4,549,484`| |`OverseasEquities`|`3,876,042`|`6,971,220`|`3,862,023`|`4,748,640`| |`Alternatives`|`2,933,751`|`3,054,850`|`2,452,371`|`2,417,320`| |`SocialInvestment`|`10,000`|`10,000`|`10,000`|`10,000`| ||

`12,176,440`|

`17,061,265`|

`11,965,870`|

`13,463,177`| ## |`2021`|`2020`| |---|---| |
`£`|
`£`| |`50,467`|`45,464`| |
`50,467`|
`45,464`| ## |`CREDITORS- amountsfallingduewithinoneyear`||| |---|---|---| ||`2021`|`2020`| ||
`£`|
`£`| |`Grantspayablewithinoneyear`|`147,500`|`292,500`| |`Accruals`|`19,953`|`19,682`| |`Othercreditors`|`20,438`|`13,999`| ||
`187,891`
|
`326,181`
| ## ## ## |`LYSISOFNETASSETSBETWEENFUNDS`|||| |---|---|---|---| ||`Unrestricted`|`Expendable`|`Totals`| ||`Funds`|`Endowment`|`2021`| ||
`£`|
`£`|
`£`| |`Fundbalancesat5 April2021arerepresentedby:`|||| |`Tangiblefixedassets`|`-`|`4,440`|`4,440`| |`Investments`|`-`|`17,299,614`|`17,299,614`| |`Currentassets`|`360,792`|`(126,917)`|`233,875`| |`Currentliabilities`|`(173,638)`|`(14,253)`|`(187,891)`| |`Totalnetassets`|

`187,154`|

`17,162,884`|

`17,350,038`| |`Movementintheyear`|||| |`Openingbalanceasat5 April2020`|`-`|`13,856,211`|`13,856,211`| |`Totalincomeandendowments`|`464,142`|`-`|`464,142`| |`Costofraisingfunds`||`(53,597)`|`(53,597)`| |`Costofgrant-making`|`(276,988)`||`(276,988)`| |`Netgainsoninvestments`|`-`|`3,360,270`|`3,360,270`| |`Transfersbetweenfunds`|`-`|`-`|`-`| |`Closingbalanceasat5 April2021`|
`187,154`
|
`17,162,884`
|
`17,350,038`
| ||`Unrestricted`|`Expendable`|`Totals`| |---|---|---|---| ||
`Funds`|
`Endowment`|
`2020`| ||
`£`|
`£`|
`£`| |`Fundbalancesat5 April2020arerepresentedby:`|||| |`Tangiblefixedassets`|`-`|`1,820`|`1,820`| |`Investments`|`-`|`13,991,066`|`13,991,066`| |`Currentassets`|`326,181`|`(136,675)`|`189,506`| |`Currentliabilities`|`(326,181)`|`-`|`(326,181)`| |`Totalnetassets`|

`-`|

`13,856,211`|

`13,856,211`| |`Movementintheyear`|||| |`Openingbalanceasat5 April2019`|`-`|`16,805,780`|`16,805,780`| |`Totalincomeandendowments`|`576,992`|`-`|`576,992`| |`Costofraisingfunds`|`-`|`(56,350)`|`(56,350)`| |`Costofgrant-making`|`(613,056)`|`-`|`(613,056)`| |`Netlossesoninvestments`|`-`|`(2,857,155)`|`(2,857,155)`| |`Transfersbetweenfunds`|`36,064`|`(36,064)`|`-`| |`Closingbalanceas at5 April2020`
|
`-`

|
`13,856,211`

|
`13,856,211`

| ## ## ## ## ||||`Unrestricted`|`Expendable`||`TotalFunds`| |---|---|---|---|---|---|---| |||`Notes`|`Funds`|`Endowment`||`2020`| ||||
`£`|
`£`||
`£`| ||`Incomefrom:`|||||| ||`Investments`|`3`|`575,666`|`-`||`575,666`| |`"`|`Bankdepositinterestandotherincome`||`1,326`|`-`||`1,326`| ||`TotalIncome`||

`576,992`|

`-`|
|

`576,992`| ||`Expenditureon:`|||||| ||`Raisingfunds:`|||||| ||`Investmentmanagementfees`||`-`|`56,350`||`56,350`| ||`Charitableactivity:`|||||| ||`Grant-making:`|||||| ||`Grantexpenditure`|`4`|`518,426`|`-`||`518,426`| ||`Grantrelatedsupportcosts`|`5`|`94,630`|`-`||`94,630`| ||`TotalExpenditure`||

`613,056`|

`56,350`|

`:`|

`669,406`| ||`NetOperatingDeficit`||`(36,064)`|`(56,350)`||`(92,414)`| ||`Net(losses)/ gainsoninvestmentassets:`||`*`|`(2,857,155)`||`(2,857,155)`| ||`Transfersbetweenfunds`|`11`|`36,064`|`(36,064)`||`-`| ||`Netmovementinfunds`||
`-`|
`(2,949,569)`||
`(2,949,569)`| ||`Reconciliationoffunds:`|||||| ||`Totalfundsbroughtforward`||
`-`|
`16,805,780`||
`16,805,780`| ||`Totalfundscarriedforward`||
`-`
|
`13,856,211`
|
|
`13,856,211`
|