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2021-04-05-accounts

page
Trustees, officers and advisers
Trustees'
annual
report
4-6
Report ofthe independent examiner
Statement offinancial activities
Balance sheet
Notes to the accounts 10-12

Charity number Charity number 299197
Trustees E C Carlton-Smith
BC Gilbey
T H Martin
P W Nicholson
Trust address 36Walpole Street
London
SW3 4QS
Bankers Barclays Bank
UK Banking
One Churchill
Place
London
E145HP
Solicitors and accountant Penningtons
Manches Cooper LLP
125Wood Street
London
EC2V 7AW
Investment manager Cazenove
Capital
Schroder &Co. Limited
1 London Wall Place
London
EC2Y 5AU
Independent examiner Angels
Ktistakis,
ACA, FCCA
GMAK Chartered Accountants
5/7 Vernon Yard
Portobello
Road
London
W11 2DX

Note 2021 2020
F
Incoming
resources
Income resources from generated funds
Donations
received
90,000 195,258
Investment
income
1,483 3,936
Total incoming
resources
91,483 199,194
Resources expended
Charitable
activities:
Grants to charities 115,400 102,179
Governance
costs
2,864 4,028
Total resources
expended
118,264 106,207
Net income before other recognised gains and losses ~126,761 92,987
Gains/(losses)
on investment
assets
Realised
during
the year
Unrealised
during the year
129,006 (58,103)
Net movement
in funds
102,225 34,884
Funds brought
forward
778,427 743,542
Funds carried forward 880,652 778,427

Current Assets
Cash at bank and investment manager 290,643 310,979
896,657 788,087
Creditors
Amounts falling due within one year j9,660)
Total Net Assets

2. Donations
received
2021 2020
F 6
Martin's
Investment
Holdings Ltd 90,000 195,000
Martin's
Properties
Holdings Ltd 258
90,000 195,258
3.Investment
Income
/
Recei ts
2021 2020
6 5
Unit Trust dividends received 1,483 3,936
1,483 3,936
4. Grants
The charity
undertakes
its charitable activities
through
grant making and awards
grants
to a number
of
institutions
in furtherance
of its charitable objectives.
Grant funded Grant funded
activities activities
2021 2020
Analysis F F
Kensington
& Chelsea Foundation
(reg. charity 1125940) 18,800 16,045
Tommy's
(reg. charity 1060508)
50,000 50,000
Rainbow
Trust Children's
Charity (reg. chanty 1070532)
1,000 10,000
Abling International CIC (reg. CIC ref 12142706) 16,600 23,000
Elifar Foundation (reg. chanty 1152416) 2,500
Macmillan
Cancer
Support (reg. charity 261017) 330 244
St Christopher's
Hospice (reg. chanty
210667) 390
The Helen Bamber Foundation (reg. charity 1149652) 8,000
Chelsea Westminster NHS Trust (reg. charity 1169897) 10,000
The Trussell Trust (reg. charity 1110522) 7,500
Greenhouse
Sports
(reg. charity 1098744) 170
Jamie's Farm (reg, charity 1129544) 3,000
115,400 102,179
5. Governance
Costs
2021 2020
F E
Bank charges 19 18
Legal fees 600
Accountancy
fees
2, 520 3,060
Compliance
fees
325 350
2,864 4,028

6 . Fixed Asset In vestments
2021 2020
6 6
Historical cost at 6th April 2020 533,736 533,739
Additions at cost
Disposals at cost (3)
Historical cost at 5th April 2021 533,736 533,736
Cumulative unrealised gains/(lossses) at 5th April 2021 72,378 (56,628)
Market Value as
er
Balance Sheet 606,114 477,108
Structure of the
ortfolio b
market value
Multi-asset funds 100% 100%
Material Investments as %of ortfolio of5%or above
MFH Long Term Growth
Fund
100% 100%
7. Cash at bank and investment mana er
2021 2020
F 6
Trustees bank account 283,743 305,661
Investment manager bank account 6,801 5,318
290,543 310,979
8. Creditors: amounts
fallin
due within one ear 2021 2020
6 6
Legal and Accountancy
fees
3,025 3,085
Reimbursement
payable
12,980 6,575
16,005 9,660