2022-04-05-accounts - The Comino Foundation

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			Page
Report of	the Trustees		1 to	5
Report of	the Independent	Auditors	6 to	8
Statement	of Financial Activities
Balance Sheet			10
Notes to the Financial Statements			11 to	16

					2022	2021
					E	E
	Portfolio management				27,358	25,928
4.	GRANTS PAYABLE
					2022	2021
					E	E
	General				347,441	378,184
	The total grants paid	to institutions	during	the year was as
	follows:
					2022	2021
					E	E
	Opening Grant Commitments				(348,961)	(225,874)
	Closing Grant Commitments				398,283	348,961
	Ideas Foundation					16,064
	5x5x5 = Creativity					20,500
	Potential Trust				12,000	6,000
	RSA Tipton Acadamy					38,250
	Potential Plus UK				17,860	13,925
	The RSA				56,000
	University of Manchester				40,000	26,500
	Made Here Now				3,000
	Craft Council				5,000
	Pepperneck					3,000
	Knowle West Media Centre Parliament 5Scientific Committee				63,011	31,534 1,200
	The OT Company				3,600
	Cheltenham Festival
						4,000
	National Association	for Special Educational		Needs		12,500
	Centre for Real World	Learning			30,000	43,500
	NWCCC				56,248	38,124
	Bristol Education Partnership				11,400
					347,441	378,184

6.	COMPARATIVES	COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES
							Unrestricted
							fundf
	INCOME AND	ENDOWMENTS			FROM
	Investment income						98,340
	EXPENDITURE	ON
	Raising funds						25,928
	Charitable activities
	General						421,018
	Other						39,783
	Total						486,729
	Net gains on investments						1,022,026
	NET INCOME						633,637
	RECONCILIATION			OF FUNDS
	Total funds brought			forward			3,179,435
	TOTAL FUNDS	CARRIED FORWARD					3,813,072
7.	FIXED ASSET	INVESTMENTS
							Listed
							investments
							E
	MARKET VALUE
	At 6 April 2021						3,919,538
	Additions						475,558
	Disposals						(598,440)
	Revaluations						148,357
	At 5 April 2022						3,945,013
	NET BOOK VALUE
	At 5 April 2022						3,945,013
	At 5 April 2021						3,919,538
						2022	2021
						E	E
	Historical cost as		at	5 April 2022		2,642,340	2,844,814
	Investments are		listed on a recognised			stock exchange at market value as follows
						2022	2021
						E	E
	UK equity investments					1,735,050	1,707,597
	Non-UK equity	instruments				1,538,358	1,551,751
	UK fixed interest		investments			215,050	281,681
	Property					195,170	169,404

10.	CREDITORS:	CREDITORS:	AMOUNTS	FALLING DUE AFTER MORE THAN ONE YEAR	FALLING DUE AFTER MORE THAN ONE YEAR
					2022	2021
					E	E
	Other creditors				162,000	72,025
11.	MOVEMENT IN FUNDS
					Net
					movement	At
				At 6.4.21	in funds	5.4.22
				E	E	E
	Unrestricted		funds
	General	fund		3,813,072	(186,173)	3,626,899
	TOTAL	FUNDS		3,813,072	(186,173)	3,626,899

Net mo	vement	in funds, included	in the above are as foll	ows:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
			E	E	E	E
Unrestricted		funds
General	fund		98,341	(432,871)	148,357	(186,173)
TOTAL	FUNDS		98,341	(432,871)	148,357	(186,173)

Compar	atives	for movement in fund	s
				Net
				movement	At
			At 6.4.20	in funds	5.4.21
			E	E	E
Unrestricted		funds
General	fund		3,179,435	633,637	3,813,072
TOTAL	FUNDS		3,179,435	633,637	3,813,072

Compara	tive	net movement in fu	nds, included in the abov	e are as follow	s:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
			E	E	E	E
Unrestricted		funds
General	fund		98,340	(486,729)	1,022,026	633,637
TOTAL	FUNDS		98,340	(486,729)	1,022,026	633,637

A curren	t yea	r 12 months and prior yea	r 12 months combined position is	as follows:
				Net
				movement	At
			At 6.4.20	in funds	5.4.22
Unrestricted		funds
General	fund		3,179,435	447,464	3,626,899
TOTAL	FUNDS		3,179,435	447,464	3,626,899