2021-01-31-accounts - The Thompson Family Charitable Trust

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TRUSTEES AND	P.THOMPSON CBE
CUSTODIAN TRUSTEES	D.B.THOMPSON CBE(deceased 29th December		2020)
	K.P. WOODWARD
	R.B.COPUS
ADDRESS	HILLSDOWN COURT
	15TOTTFRIDGE COMMON
	lDNDON
	N20 SLR
REGISTERED NUMBER	Charity Number 32680l
AUDITORS	RSM UK AUDIT LLP. 25 Faningdon	Street. London, EC4A 4AB
BANKERS	BARCLAYS BANK PLC, I Churchill	Place, London, F145HP.
	COI rl I'S Ec CO.,~Strand, London,	WC2R OQS
STOCKBROKERS AND	WALKER CRIPS INVESTMENT MANAGEMENT		LIMITED
CUSTODIANS OFTRUST ASSETS	l28 Queen Victoria Street. London EC4V 4BJ.
	CANACCORD GENUITY WEALTH MANAGEMENI
	4l Lothbury, i~ndon EC2R 7AE.
SOLICITORS	SOLOMON TAYLOR 8r. SHAW, 3 Coach House Yard, Hampstead			High Street,
	London NW3 IQl'.

		2021	2020
		Untestricted Funds	Unrestricted Funds
	Notes
INCOME FROM:
Investmcnt		7,336,271	7,541,076
Total income		7,336,271	7,541,076
EXPENDITURE ON:
Charitable activities
Charitable donations and grants		(18,088.000)	(6,9S4.500)
Suppon and governance costs		(7,540)	(7,280)
Total expenditure		(18,095,540)	(6,961.780)
NET INCOME / (EXPENDITURE) AND NET
MOVEMENT IN FUNDS BEFORE GAINS
AND LOSSES ON INVESTMENTS		(10,759,269)	579,296
Gains / (losses) on investments		1,432,114	13,290,713
NET MOVEMENT IN FUNDS		(9,327,155)	13,870,009
RECONCILIATION OF FUNDS
Total funds brought forward		123,108,712	109,238,703
TOTAL FUNDS CARRIED FORWARD		113,781,557	123,108,712

					2021	2021	2020	2020
				Notes
FIXEDASSETS
Investments						111,125,529		122.870,902
CURRENT ASSETS
Debtors					337,487		302.529
Cash at bank					14,482.684		82 490
Total current assets					14,820,171		385.019
CURRENT LIABILITIES
Creditors I'ailing due within		one year		7	(12,164.143)		&147,2091
NET CURRENT	ASSETS					2,656,028		237,810
NET ASSETS						113,781,557		123,108,712
FUNDS OF THE	CHARITY
Unrestricted funds						113,781,557		123,108,712
TOTAL CHARITY FUNDS						113,781.557		)23,108,712
Registered Charity	in England		and Wales	Number	326801

			2021	2021	2020	2020
			f		f
OPERATING ACTIVITIES
Donations paid			(6,093.000)		(7,554,500)
Administmtion and governance	costs		(8,040)		(6.780)
Cash used in operating activities				(6,IOI.040)		(7,56I .280)
INVFSTING ACTIVITIES
lllte&sl and similar income received			7,307,I23		7.456,629
Property income recei ved			l6,624		84.I70
Purchase of investments					(399.087)
Disposal ofinvestments			I3,I77,487		3IZ.I30
Net cash provided by investing	activities			20,50I,234		7,453,842
CHANGE IN CASH AND CASH
EQUIVALENTS IN THE YEAR				I4.400, I94		(I07,438)
Cash and cash equivalents brought		forward		82,490		189,928
CASH AND CASH EQUIVALENTS CARRIED			FORWARD	I4482.684		82,490

2	INVESTMENT INCOM										2021	2020
											f	f
	lnteiest received on cash deposits										20,861	35,004
	Income from quoted fixed	interest		securities & prcfetence						shares	7.265,410	7,409,895
	Operating net lease rentals	received		on	investment				properties		50,000	96,177
											7,336.271	7.541,076
3	CHARITABLE DONATIONS		AND		GRANTS						2021	2020
											f	f
	Action on Addiction											200,000
	Acti ve Arts Castle Vale											5,000
	Ambitious about Autism										100.000	100.000
	BAFTA										100,000	100,000
	Beyond Autism										35,000
	Birmingham Ormiston Academy		Theatre								5,000
	Birmingham Women's & Children's			Hospital			Charity				S,OOO	5,000
	Break - Changing Young Lives										50.000	50,000
	British Horse Society										10,000	10,000
	British Racing School Education										20.000
	British Thoroughbred Retniining		Centre									S0,000
	Cambridge Women's Aid										S0,000	50,000
	Cardboard Citizens											30.000
	Carcrs in Hertfordshire										30.000	50.000
	Cancer Support Centre. Sutton Coldfield										S,OOO
	Centrepoint										100.000	100,000
	Chickenshed Theatre Trust											50,000
	Deborah Rogers Foundation										25,000	25,000
	Devon Freewheeiers										10,000
	Donmar Warehouse Projects										100,000	100,000
	fmst Anglia's Children's Hospiccs										300,000	300,000
	East Anglian Air Ambulance										1,000
	The Fncephalitis Society											20,000
	Felix Project										100.000	50,000
	Forward Trust										50,000	50,000
	Great Ormond Street Hospital Children's					Charity					200,000	200,000
	Greenhouse Sports										SO,OOO	50,000
	Headway: the Brain injury	Association			(2	grants		in	2020)		50,000	50,500
	Injuiud Jockeys Fund										100,000	100,000
	Institute of Cancer Research										5,000
	Kettering General Hospital
	King Edward Vll Hospital										12.000.000
	John Taylor Hospice Charity										S,OOO
	Longborough I-estival Opera										10.000	S.OOO
	Love Burnt Oak										IS,OOO	20,000
	Macmillan Cancer Support	(2 grants		in	2020)						300,000	305,000
	Mary Hare Foundation											50,000
	Mind										50,000	100,000
	Multiple Sclerosis Society										100,000	100,000
	National Gallery										300,000	250,000
	National Horseracing Museum											5,000
	National Literacy Trust											50,000
	( arried forward										14281000	2631000

CHARITABLE DONATIONS	CHARITABLE DONATIONS	CHARITABLE DONATIONS		AND	AND	GRANTS (CONTINUED)	2021	2020
								f,
From page 10							14.281.000	2.631.000
National Youth Orchestra								100,000
Newmarket Day Centre							10,000
North London Hospice							50,000	50,000
Openr North							5,000	5,000
Outward Bound Trust							SO.OOO	50,000
Oxford Philharmonic Orchestra			Trust					30,000
Oxford Playhouse Trust							15,000	25.000
The Passage							100,000	50,000
Placc2be							50,000	50.000
Pmt Foundation Trust								50,000
Primary Shakespeare Company							50,000	50,000
Queensbury School								10,000
Queen's Club l.oundation							10,000
Racing Welfare							100.000	100,000
Retraining of Racehorses (2	grants			in	2020)			17,500
Royal Academy of Music							300.000	250,000
Royal Albert Hall							S00,000	500,000
Royal Ballet School							250.000	250,000
Royal Brompton & Harefield		Hospitals				Charity	50,000
Royal Commonwealth Society for the						Blind	5,000
Royal Foundation							500,000	500,000
Royal National Institute for	the		Blind					50,000
Royal National Theatre (2 grants			in 2020)				500,000	600,000
Royal Opera House Covent	Galen Foundation						100,000	105,000
Royal Osteoporosis Society								50,000
Royal Society of Medicine (2		grants			in	2021)	101,000
St. Andrew's (.hurch, Totteridge							100,000	50,000
St. Andrew's Primary School								50,000
St. Giles Hospice								5,000
St.John's College Oxford							250,000	250,000
St, Mary's Church, Cheveley							1,000	1,000
Scene and Heard							50,000	50,000
Silver Line Helpline								100,000
Snow Sports Foundation							50,000	100,000
Spinal Injuries Association							50,000
Sports Aid Trust							100.000	100,000
Tender							SO,OOO	50,000
Tottendge Manor Association								100,000
University College London	Hospitals				Charitv		50,000
University of Exeter								10.000
Urology Foundation (2 grants		in	2020)				300,000	305,000
Victoria and Albert Museum								100,000
War Child							S0.000	50,000
We Are All Making a DiA'erence			Charitable 1rust				S,OOO
Welbeing of Women								50,000
Working Chance								50,000
World Horse Welfare							5.000	10,000
							18.088,000	6,954,500

FIXED	ASSET INVESTMENTS	ASSET INVESTMENTS	ASSET INVESTMENTS	Freehold	Quoted	Cash	Total
				properties f	investments	dqmsiis f	investments
Market	value at 1st February	2020		S75,000	118,781,075	3,514,827	122,870,9K
Additions at cost
Disposal	proceeds				(9.727444)	(3450.043)	(13,177,487)
Gains /	(losses) in the year				1,432.114		1.432.114
Market	value at 31stJanuary		2021	S7S,OOO	I 10,485,745	64.784	111,125,S29
Historied cost at 1st Februar)		2020		2.248,125	102,914,451	3,S14.827	108,677,403
Historical cost at 31stJanuary			2021	2,248.125	9S.2S4,022	64,784	97,566,931

7	CREDITORS FALLING DUE WITHIN	CREDITORS FALLING DUE WITHIN	CREDITORS FALLING DUE WITHIN	CREDITORS FALLING DUE WITHIN	CREDITORS FALLING DUE WITHIN		2021	2020
	ONE YEAR						f
	Rents and other property			income received	in advance		61,151	39.709
	Donations pledged		but not yet paid at year			end	12,095,000	100,000
	Accruals						7,000	7,500
	VA'I payable						992
							12,164,143	147.209
	There are no	capital	or other commitments			at 31st January	2021 (2020: anil).
8	FUNDS						2021	2020
							f
	Unrestricted	funds	brought	forward			!23.108.712	109,238.703
	Net increase	I (decrease) for the year					(9,327,155)	13,870,009
	I.)ntestricted	funds	buried	forward			113,781,557	123,108.712

I'INANCIAL INSTRUMENTS	I'INANCIAL INSTRUMENTS	2021	2020
measured
Financial assets at fair value
Quoted investments		I 10,48S,745	118,781,075
Financial assets that am debt instruments
at amottised	cost
Cash deposits inc)uded	in inv~tments	64,784	3,514,827
Accrued income mcei vable		279,376	300,228
Balance due from stockbroker		I	I
Other remi vables		58,110	2,300
		402,271	3,817,356
Financial liabilities
measured at amortised	cost
Donations pledged but	not yet paid at year end	12,09S.OOO	100,000
Other cteditors		7,000	7,500
		12,102,000	107,500

			2021	2020
				f
Receivable	within	one year	50.000	50,000
Receivable	later than one year and not later than five years		200,000	200,000
Receivable	in five	yeais or more	75,000	l25,000
			325,000	375.000