Charfty nurnber: 326898
THE BORIS KARLOFF CHARITABLE FOUNDATION
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022

THE BORIS I(ARLOFF CHARrrABLE FOUNDATION
CONTENTS
Page
Refer•Trce and administratlve dotails of the Charlty, its Trustee$ and adv15ers
Trusteos. report
Independent examinees report
Stat¢m¢nt of flnanclal aGtfvitle8
Balance shoBt
Notes to the flnancial $tstements
9-17

THE BORIS KARLOFF CHARITABLE FOUNDATION
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARrrY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 5 APRIL 2022
Trustees
J Fairclough
O M Lewis
C Fairclough
Charity regl$tgred
number
326898
Principal office
2 Putney Hill
London
SW156AB
Indepondent examlner
MHA Maclnwe Hudson
Charter8d Accountsnts
2 London Wall Place
London
EC2Y SAU
Bankars
Coutts & Co
440 Strand
London
WC2R OQS
SoliGilors
Russell-cooke LLP
2 Putney Hill
London
SW15 6AB
Invgstmont Manager
Investec Weaiih & Investsnent Limited
100 Wood Street
London
EC2V 7AN

THE BORIS KARLOFF CHARITABLE FOUNDATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 5 APRIL 2022
The Trustees present their annual report together wth the financial statements of the Charity for the year from 6
April 2021 to 5 April 2022. The Trustees have adopted the provlslons ol the Statement of Recommended
Practice ISORPI 'Accountirkg and Reporting by Charities. IFRS 102) in preparing the annual report and financial
statements of the Charity.
Obje¢tives and actlvltles
a Pollcles and oblectlvos
The principal obiect and purpose of the Charity, as per its governing document, is for the benefit of such
exdusively tharitable objects and purposes as the Trustees in their absolute discretion think f
Th& Trustees are empowered to pay or apply income and catital of the Charlty for the benefit of such charitsble
objects as the Trustees d8cide.
b. Aclivitles undertakon to achleve objectlves and to fvrth9r the Charity's purposes for the public benefit
The main activities undertaken in relation lo the purposes of the Charity, as per its goveming document, are as
follows-
The Charity provldes grants lo other charitable organisalions with particular emphasis on those connectgj wth
the perfomiing arls and the promotion of cficket. The t￿rfOrming arts support the well-being of citizens.
c. Statemont on publlc beneflt
In setting objectives and planning for current and fulure activities, the Trustees have given due consideration to
general guidance published by the Charity Commission relating to public benefit, indudlng the guidance 'Public
benefit- running a charity IPB2)'.

THE BORIS KARLOFF CHARITABLE FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2022
A¢hlev¢ments and perfomiance
a. Revlew of a¢tivities and achiovoments
The Charity received a considerable number of reouesls for donations and grants which have all been c8refvlly
considered by the Trustees, but, in view of the income of the Charrty, support has been restrlcted lo those
Charities as set out in Note 5 of these accounts. A subslanlial proportion of gfanls made a￿ related lo the
perfonning arts.
The grants that the Charity gave enabled perfomiing arts organisations to extend their projects lo benefit mre
parkncipants and in some cases to benefit the wider public. Grants were given to individual drama students from
disadvantaged backgrounds who were selected by their colleges. Money was given to theatre projects lo
subsidise Seat prices to reach those who seldom have Ihe op￿￿)rtUnitY to visit a performing arts venue. Money
was also given lo small theatre companies to enable them to run projects in schools to bring an appreciabon of
the perfomiing arts to young p8ople. Other Courses gave disabled aclors a chance to perform. Writers,
composers. a¢tors. directors. singers and technicians in the theatre were all supported al 8 time when public
money for the perfomiing arts 15 severely limited.
Unlike previous years, grants were not all paid at the beginning of Ihe financial year but a$ and when
organisations were able to put in ￿a¢e their origillal projects or suitably aijapted ones after Covid restrictions.
Those involving theatres and schools were particularly affected. However, all the ring-fenced grants were
8V8nlually paid except for t￿0, Almeida Theatre and Tobacco Factory, where planned Iheatre projecls wero
cancelled. One grant, Create, a proje￿ in a prison which could not go ahead, and on&, Troupe, a theatre
production so also delayed that the grant was paid out of Ihe following year's budget. One interesting positive
outcome of the adaptions during Covid wa5 the use of online work and streaming. For example, one organisation
which works on promoting th8 appreciation of drama in schools has now gone back to live performances but is
also using streamed performances to reach many mre school$.
b. Inveslment policy and pgrfomiance
The Trustees hove very vmde ranging investment powers under the Trust deed. The TTUStees have appointed
Inveytec Wealth & Investment Limited to act as fund manager on their beh*f. Investment Managets hold the
fund on an advisory basis. The Trustees monitor inveslment perfonnance.
Flnanclal revlew
a. Golng concern
After making appropiiate enquiries. the Twslees hav& a reasonable expectation that the Charity has adequate
resources to continue in operatyonal existence for the foreseeable future. For this reason, they conts'nue to
adopt the going concem basis in preparing Ihe financial statements. Further details regarding the adoption of
the going concem basis can be found in the accounting policies.

THE BORIS KARLOFF CHARITABLE FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2022
b. Finan¢lal rnvigw
During the year the Charity received total income of £71,825 {2021- £62,130). The majority of this came from
the Chaiitls income from investments which totaled £71.821 12021- £61,896). Tho remainder of the income
came from Bank interest receivable of £4 {2021- £201 and Rordlty income of £Nil (2021- £214>.
Totsl expenditure for Ihe year was £73,24612021- £84.3281- Of this the Charity provided Grants to institutions
totaling £51,53812021- £63,220>. Details ol the grant ￿Cip[ents can be found in Note 5. Investment
management costs totaled £13.73912021- £14,347) whilst other Support costs totaled £7.969 {2021- £6,761)-
A breakdown of these costs Gan be seen in the Statement of Financial Activities.
The net expendlture for the year before investment gains and losses was £1,421 12021- not expendlture
£22,198). During the year the Charit￿$ investments recorded a revaluation gain of £95.628 {2021- gain of
£733,847) resulting in an overail net suwus after investment gains of £94.20712021- nel surplus of £711,649).
. R¢servos policy
The Charity is a granl rna￿ng Charity and its income generating assets are held 8$ investments and cash
deposits. The Trustees apply the income derived Ihrough giving grants to charitable bodies. It is the Trustees,
pclicy to utilise all income arising, allhough in any given year a surplus or deficit may arise and the srze of any
surplus or deficit will vary according to the liming of grant pa￿nents. The Trustees alway5 relain in the Coutts
account sufficient reserves lo cover any expenses for the following year. During the current year the expenditure
lotalled £73,246. The Gash held in the Coutts accounl as al the year4nd was £72.660 and is therefore
considered lo b& in the appropriate range.
The General fund has been established lo recognise all inrJJme and expanditure In respect of activities
undertaken by the Charity outsKI8 the ErKlowment fund. At the year end, the balance held in this fund amounted
to £81,399 {2021- £69,081 }.
The Endowment fund is expendable in nature. and is considered to consist of the value of the investrnents,
induding the capital bank account. Where ne￿SSary funds are Iransferred to the Unrestricted fund to support
the grant giving. At the year end. the balance held in the endowmenl fund amounted 10 £3.286.06612021-
£3.204,177).
Structure, gov•rnance and management
a. Conslltutlon
A Deed of Setllemenl dated 18 June 1985 estsblished this Charttable Trust. On 1 June 1993 Mrs E Kadoff died
and under the lemis of her wdl. the residue of her eslate was bequeathed to the Trustees. The Charity is
registered with the Charity Comrnission Icharity registration number 326898) in England and Wales.
The Deed empowers the Trustegs to retain the capital and pay or'appV the inwme. However il also allows the
Trustees the option of spending Ihe whole or such part or parts of the capital of the Trust Fund as the TTUStees
in their absolute digcretion think fit..
b. Methods of appointment or eloction of Trustees
The management of the Foundalion is th8 responsibility of the Trustee$ who are elected and CO￿pted under the
lemis of the Trust deed. The power of appointing new Tnjstees is vested in the Trustees.

THE BORIS KARLOFF CHARITABLE FOUNDATION
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 5 APRIL 2022
stNcture. governance and manag•rnent (conllnued)
c. Flnanclal risk management
The Trustees have assessed the major risks to which the Charity is exposed. in particular those ralated to the
operations and financos of the Charity, and are satisfied that syslems and procedu￿¥ are in ￿8¢e to mltigale
exposure to the major risks.
Approved by order of Ihe members of the board of TNstees and signed on Iheir behalf by:
O M Lewls
Trustee
Date.. 4és4 2 a2Z

THE BORIS KARLOFF CHARITABLE FOUNDATION
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 5 APRIL 2022
Independent examlnerf8 report to the Trustees of The Borl$ Karloff Charitable Foundation {Yh¢
Charlty'}
I report to the charity Trustees on my examination of the accounts of the Chanty for the year ended S Apn'l 2022,
whiGh are sel out on pages 6 to 16.
R•sponslbilltles and ba61s of report
As the Trustees of the Charity you are responsible for the preparalKJn of the accounts in accordance with the
requirements of Ihe Charlties Aci 2011 Ilhe 2011 ACVI.
I report in respect of my examination of the Charitys a¢counts carried out under section 145 of the 2011 Act and
In caTrying out my examination I have followed the applicable Directions given by the Charity Commission under
section 145{51{bl of the 2011 Act.
Indopond•nt examlnerfs statement
Your attention is drawn to the facl that the Charity has prepared the accounts in accordance wth Accounting and
Reporling by Charities: Slatement of Recommended Practice applicable to charities preparing their accounts in
ac￿rdanC0 Wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in
preference to the Accounting and Rewrting by Chatities: Statemenl of Recommended Practice issued on 1 April
2005 whith is referred to in the extant regulations but has been withdrawn.
l understand Ihat this has been done in order for the accounts to provide a true and fair view in accordance with
the Generally Acceptsd Accounling Practu effective for reporting periods beginning OTb or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connect¢on wlth the
examination giving me cause to believe that in any material respect:
a￿oUntIng records were not kept in respect of the Charity as ￿quired by section 130 of the 2011 Actr. or
the accounts do not accord wth those records; or
the accounts do not comply with the applicable requirements conceming the form and content of
accounts sel out In the Charities (Accounts and Reports) Regulations 2008 other than any requlrement
that the gccounls give a Irue and fairf view which is not 8 matter consi(Jered as part of an independent
examination.
I have no concems and have come across no olher matters in o)nnection wtlh the examination lo which
attention should be drawn in this report in order to enabl& a proper understanding of the aGcounts to be rea¢hed.
Signed:
Dated: 1910712022
Stuart McKay Bsc FCA DChA
MHA MaCin￿e Hudson. Chartered Acwuntsnts, 6th Floor, 2 London Wall Place, EC2Y SAU

THE BORIS KARLOFF CHARITABLE FOUNDATION
STATEMENT OF FINANCIAL ACTMTIES
FOR THE YEAR ENDED 5 APRIL 2022
Unrestricted Endowmenl
funds
funds
2022
2022
Total
lunds
2022
Total
fijnds
2021
Note
Incom• from:
Dividends and interest from
investments
Bank interest receivable
Roydlties receNable
71.821
71.821
61,896
20
214
Total in¢om•
Expenditure on:
Grants to inslilulions
Legal and prof6ssional fees
Bank charges
Independent examSnation
Other expenses
Invgstmont management costs
71.825
71.825
62,130
51,538
3.600
507
51,538
3.600
S07
3,792
70
13.739
63,220
3,113
515
2,808
325
3,792
70
13.739
14,347
Total expenditurg
59.507
13.739
73.246
84,328
Nat Incomellexpendituro) before net
gains on investments
12,318
113,739)
95.628
11,4211
95,628
(22, 198)
733,847
Net gains on investments
Other reGognlsed galns:
Net movement in funds
Reconcllialion of funds:
12,318
81,889
94,207
711,649
Total funds brought forward
69,081
3,204,177
3,273,258
2,561.609
Net movement in funds
12.318
81.889
94.207
711,649
Totsl funds carried fo￿ard
81.399
3.286,066
3,367,465
3,273,258
The Statement of financial activities indudes all gains and losses re￿nIsed in the year.
In the prior year investrnent mana￿ment costs of £14.347 were allocated to the Endowment funds. All other
inGome and expenditure recognised in the year was allocated to l from Unreslricled funds.
The notes on pages 9- 17 fomi part of these financial statements.

THE BORIS I(ARLOFF CHARITABLE FOUNDATION
BALANCE SHEET
AS AT 5 APRIL 2022
2022
2021
Nole
Flxed asse1$
Investments
3,025,303
3.117.862
3,025,303
3.117.862
Current assets
Debtors
Cash at bank and in hand
12,531
334,423
10.525
173,803
346.954
184,328
Creditors: amounts falling due within one
year
(4.792)
(28.932)
Net current assèts
342.162
755,396
Total net assets
3.367.465
3,273,258
CharFty funds
Endowment funds
Unrestricted funds
3.286.066
81.399
3,204, 777
69,081
Totsl funds
3.367,465
3.273.258
The financial statements were approved and aulhorised for issue by the Trustees and signed on their behalf by.
wis
Trustee
Dale..
* J-42d?z
The notes on pages 910 17 fonn part of these financial statefflenls.

THE BORIS KARLOFF CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
General Inforn￿tiOn
The Boris Karloff Charitable Foundation is a registered charitable Trust {Charity registered number
326898) with the Charity Commission in England and Wales.
The address of the registered office is given in the Foundation information on page 1 of these financial
stalements.
The nature of the Foundation operations and principal activity is for the benefit of such exclusively
tharilable obleets and purposes as the Trustees in their absolute discretion think fit
Accounting pollcles
2.1 8a$is of preparntlon of financlal statements
The financial statements have prepared in accordance with the Charities SORP IFRS 102) -
Accounting and Reporting by Chafilies- Statement of Recommended Practice applicable to charities
preparing their accounts in accordance wrth the Financial Reporting Standard appl￿ble in the UK
and Republic of Ireland {FRS 1021 and the Charities Act 2011.
The financial slalements have been prepared lo glve a 'true and f8ir' vrew and have departed from
the Charities (Accounts and Reports) Regulations 2008 only to the extent required lo provide a %rLbe
and fairf view. This departure has involved following the Charities SORP IFRS 1021 published in
October 2019 rath8r than the Accounting and Reporting by Charittes.. Statement of Recommended
Practice effective from 1 April 2005 which has since been withdrawn.
The Boris Karfoff Charitable Foundation meets the definition of a public benefft entity under FRS 102.
Assets and liabilities are iniltally recognised at historical cost or transaction value unless othe￿188
stated in the relevant accounling policy.
The financial statements are prepared in pounds sterling which is both the fvnctional and
presentational currency of the Foundation and are rounded to the nearesl pound sterling.
The 8ignfficant accounting wlicies applied in the preparalion of these financial statements are set out
below. These policies have been conslslen￿Y applied to all years presented unless otherwise staled.
2.2 Going concern
The financial statements have been prepared on a going concem basis as Ihe Trustees believe that
no material un￿rtaInlieS exist. The Trustees have considered the 18vel of funds held and the
expected level of income and expenditure for 12 months from autho￿51n9 these financi81 statements.
The budgeted inwme and expondilure is sufficient wilh the level of reseTh6s for the Foundation lo be
able to continue as a going concem.
2.3 Income
All income is recognised once the Charity has entitlement to the incom¢, it is probable that th8
income will be received and the amount of In￿Me receivable can be measured reliably.
Income tax recoverable in ￿atIon to investment income is recognised at the time the investment
income is receivable.

THE BORIS KARLOFF CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
Accounting pollcie5 (contlnued)
2.4 Expendlture
Expenditure 1$ recognised once there is a legal or constru¢tive obligation lo transfer eGonomiG benefrt
lo a third paty, it is probable that a transfer of economic benefits will ￿ required in settlement and
Ihe amount of the obligation can be measured reliably.
There were no staff costs incurred in either period.
Expenditure on charitable activities is incufred on directFy undertaking the acllvilies vthlch further the
Charitys objectives. as well a5 any associated support costs.
Grants payable are charged in the year when the offer 1$ made except in those cases where the offer
is conditional, such grants being recognised as expenditure when the conditions attaching are
fulfllled. Grants offered subject to condiltons which have not been met at the year end are noted as a
commitment. but not accru8d as expenditure.
AJI expenditu￿ is inclusive of irrecoverable VAT.
2.5 Investments
Fixed asset investments are a form of basic financial instrument and are initialty recognised at their
trans8Ct¥on cost and subsequently Gontinuously measured al fair value using the dosir¢g quoled
market price at the Balance Sheet date using the mark to market basis of valualion. All gains and
losses are taken to the Statement of Financial Acbvities 89 they ari9e.
The Ststement of Flnancial Activtties Indude$ the net gains and losses arfslng on revaluatlons and
disposals throughout the year. As investments are revalued to fair value continuously, no realised
gains or losses arise.
The Foundalion does not acquire or hold put options, derivatives, or other complex financial
inslruwnents.
2.6 Debtors
Trade and other debtors are recognised at the setttement amount aftgr any trade discount offered.
Prepayments a￿ valued at the amount prepaid net of any trade di$wunts due.
2.7 Cash at bank and in hand
Cash at bank and in hand Indudes cash and short-lerm highly liquid investments with a short malurity
of three months or fess from the date of acquisition or opening of the deposit or similar account.

THE BORIS KARLOFF CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
AcGountlng policles {continuod}
2.8 Llabilltles and provlslons
Liabilities are recognlsed when there is an obligation at the Balan￿ sheet dale as a result of a past
event, it is probable thal a transfer of economic benefit will be Tequirod in setuemenl, and the amount
of the settlement Gan be estimated reliably.
Liabilities are recognised at the amovnt that the Charty antiripales il will pay to settle the debt or the
amount it has received as advanced payments for the goods or services it must provide.
Provislons are measured al the best estimate of the omounts requlred to settle the obligation. Where
the effect of ihe Ilme value of money is material, Ihe provision is based on the present value of those
amounts, discounted al the pre-tax discount rate that refiects the risks specific lo the liability. The
nwinding of the discount is recognised in the Statement of financial activitie5 as a finance cost.
2.9 Flnanclal Instrumonts
The Charity only holds basic financial inslrumenls. The financial assets and financial liabilities of the
Charity are as follows..
Debtors - sundry debtors and accrned income are basic financial instruments and are debt
instruments measured at amortised cosl as detailed in Note 7. Prepayments are not financial
instruments.
Cash at bank- is dassified as a basic financial instrument and is measured at face value.
Lfablllties - accruals and other credÈtors a￿ classffj￿d as flnan¢ial instruments and are measured at
amorbsed cost as detsiled in Note 8.
2.10 Fund accountlng
General funds 8r8 unrestricted funds which are available for us8 al the discrotion of Iho Twstees in
furtherance of the general objectwes of the Charity and which have not been designated for other
purposes.
ExpetTrdabfe End0y￿ent funds repr&senl those as5els which must be held by the Foundation but can
bg appl￿d on charitable activities at the discretion of the Trustees. Income arising on the endowment
funds can be used in a￿rdance wth the objects of the Foundation and is included in unrestricted
in(x)me. Investhienl management costs are deducted directly from the endowm8rsl fund.
Investment in(x)me, gains and losse5 are allocated to the appropriate fund.

THE BORIS KARLOFF CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
Independgnt examlnees remuneratlon
2022
2021
Fees pa￿ble to the Charitys independent examiner for the independent
examination of the Charitys annual accounts
Over-ac(¥ual of the prior year examination fees
3,792
3,732
(924)
Trustees. remuneration and expenses
During the year. no Trustees, who comprise all the Key Management Personnel of the Foundallon,
neither received or waived any remuneration or other benefits12021- £NILI.
During the year ended 5 April 2022, 1 Trustee was reifflbursed expenses of £70 for travel and
subsiSten￿l202l- £76 reimbursed to 1 Truslee)-

THE BORIS KARLOFF CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDÉD 5 APRIL 2022
Grants to Institutlong
2022
2021
Alive and Kicking Theatre
Almeida Theatre
Arundel Caslle Cri¢ket Foundation
Barblcan Centre Trust
Bishop Monkton CC
Blind Cridoet England and Wal8S
Box Clever Theatre
British Youth Musè Centre
Bush Theatre
Carousel
Cherw811 Theatre Company
Chickenshed Theatre
Circus Staf
Clowns in the Sky
The Core al Corby Cube Cury (Curry Cube Theatre TNst)
Create
Donmar Theatre
English Touring Opera
Framllngton Are8 Youth Action Partnership
Gabrieli Theatre
Gallions
Golden Toad Theatre
Interact Stroke
Iri5 Theatre Company
Kandinsky
Kiln Theatre
Krazy Kat Theatre
The London Academy of Music and Dramatlc Art (LAMDAI
London Bubble Theatre
London sInf(￿letIa
Masterdags
National Youth Theatre
The Nucleo Project
PapaTango Theatre Company
1.000
(1.500}
5.1)00
1,000
1,500
5.000
1.500
1,000
500
1,000
1,000
1,000
750
1.500
7,000
1,000
600
{1.0001
1.000
1,1)00
1.188
1.000
1,000
2,000
1,000
2,OlXI
2,000
6,000
1,500
1,000
2,0110
SU￿t0￿1 carrled fonyard
32,038
31,000

THE BORIS KARLOFF CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
Grants to Instltullons (continued)
2022
2021
Sub-total brought forward
Philharmonia Orchestra
Pleasance London Youth Theatre
Polka Theatre
RADA (The Boris Kadoff Scholarship Fund)
The Royal Haymarftet Masterdass Trust
Stsne and Heard
Sound and Music
Soulhwark Pla￿)0USe
Sudden Productions
Theatre Royal Strafford East
Tobacco Theatre
32.038
1.OOQ
3t,000
1,000
1.000
6,000
6,000
1,500
1,500
1,000
1,620
1.500
1,000
(1.000}
1.000
2,000
2,000
7,000
Told by an Idiot
Two's Company
Two Moors Festival
Unicom Theatr&
Wilton'$ Music Hall Trust
The Yard Theatre Ltd
The Young Vic Company
Yvonne Amaud Th8alre Management Ltd
1,000
1,000
2,000
12,600
2,000
1,000
2.000
51.538
63,220

THE BORIS KARLOFF CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
Flxed asset Investments
Ltsted
Inv•$tments
Cost or valuation
At 6 April 2021
Additions
Disposals
Revaluations
3,117.862
262,129
(450.316)
95.628
At S Aprll 2022
3.025.303
Net book value
At 5 Aprll 2022
3,025,303
At 5 Apnl 2021
3,117,862
The fair value of listed investments is detemiined by reference to the quoted price for identical assets in
an active markel at the balance sheet dale.
Induded within Cash at Bank and in Hand is the Capital Cash account of £63,933 (2021 - £89,915).
Debtors
2022
2021
Duo wlthln tsne year
Prepayments and accnjed income
12.531
10,525
12,531
10,525
Creditors: Amounts falling due vAthln one year
2022
2021
AccnJals
4792
7,332
21,600
Grants accrued
4.792
28,932

THE BORIS KARLOFF CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
Statement of funds
Statement ol funds - ¢urrent year
Balance at 6
Aprll 2021
Galnsl Balance at 5
(Losses) Aprll 2022
Income Expendlture
Unr•strlcted funds
General fvnds
69.081
71,825
{59.507)
81,399
Endowment lunds
Expendable Endowmenl fund
3,204,177
113,739)
95,628
3,286,066
Totsl of fund$
3.273.258
71.825
173.246)
95.628
3.367.465
Statemenl of funds - prlor year
Balance at
1 April 2020
GainFJ
Balance al
(Losses) 5 Apnl 2021
Income Expenditure
Unre$tricted funds
General funds
76.932
62,130
(69.981)
69,081
Endowment funds
Expendabla Endowment fund
2.484,677
(14.347)
733,847
3.204, 177
Totsl of funds
2,561,6Q9
62,130
(84,328)
733,847
3,273.258
The General lund has been eslablished lo r8cognis& all income and expendlture in respert of aclivilTes
undertaken by the Charity outside tho Endowment fund.
The Ersdowment fund is expendable in nalure. and is considered to consist of the value of the
investments, induding the capital bank account. Where necessary funds are transfe￿ed to the
unrestricted fund lo support the grant giving.

THE BORIS KARLOFF CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
10. Analysis of net assets between funds
Analysis of ngt assets b8tween funds- currenl yoar
Unrostricted Endowment
funds
funds
2022
2022
Totsl
funds
2022
Fixed asset investments
Current assets
Creditors due within one year
3.025,303
261,763
11,0001
3.025.303
346.954
{4.7921
85,191
13,792}
Total
81,399
3,286.066
3,367,465
Analysis of nèt assets botween funds- prlor year
un￿Stricted Endowment
funds
lunds
2021
2021
Total
funds
2021
Fixed asset investments
Current assots
Cfedilors due wlthin one year
3,117.862
89.915
(3.6001
3,117,862
184.328
{28.932)
94.413
125.3321
Total
69.081
3.204.177
3,273,258
11. Related party tran8ACtions
Olher than Trustee and Key Management Personnel transactions detailed in Note 4. there were
related party transactions during the perfod12021 - None).