2021-12-31-accounts

		Page
Reference and Administrative Details
Report ofthe Trustees	2	to	3
Report ofthe Independent Auditors	4	to	5
Statement of Financial Activities
Balance Sheet
Cash Flow Statement
Notes tothe Cash Flow Statement
Notes tothe Financial Statements	10	to	14
Detailed Statement of Financial Activities		15

TRUSTEES	Kj Fiddes BDS Chair of jj Moates	Trustees
	K M Chapman Treasurer
	A Wishart
	Sir P Beresford
PRINCIPAL ADDRESS	Chapel &York Ltd, Unit	12
	Lady Cross Business Park
	Hollow Lane
	LINGFIELD
	RH7 6PB
REGISTERED CHARITY NUMBER	328373
AUDITORS	Richardson jones
	Chartered Accountants	&.
	Registered Auditors
	Mercury House
	19-21Chapel Street
	Marlow
	Buckinghamshire
	SL7 3HN
BANKERS	Lloyds Bank Plc
	39 Piccadilly
	London
	Wlj OAA

						31.12.21	31.12.20
				Unrestricted	Restricted	Total	Total
				fund	fund	funds	funds
			Notes	E	E	E	E
INCOME AND ENDOWMENTS		FROM
Donations and legacies				276	1,550,000	1,550,276	2,444
Investment income				18		18	19
Other income				3,600		3,600
Total				3,894	1,550,000	1,553,894	2,463
EXPENDITURE ON
Charitable activities
Otago University NZ				6,600	1,550,500	1,557,100	29,103
Other				135		135	465
Total				6,735	1,550,500	1,557,235	29,568
NET INCOME/(EXPENDITURE)				(2,841)	(500)	(3,341)	(27,105)
RECONCILIATION	OF FUNDS
Total funds brought forward				4,756	625	5,381	32,486
TOTAL FUNDS CARRIED FORWARD				1,915	125	2,040	5,381

					31.12.21	31.12.20
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes	E	E	E	E
CURRENT ASSETS
Debtors		10	3,600		3,600
Cash at bank			1,915	800,125	802,040	5,381
			5,515	800,125	805,640	5,381
CREDITORS
Amounts falling due within	one year		(3,600)	(800,000)	(803,600)
NET CURRENT ASSETS			1,915	125	2,040	5,381
TOTAL ASSETS LESSCURRENT		LIABILITIES	1,915	125	2,040	5,381
NET ASSETS			1,915	125	2,040	5,381
FUNDS		12
Unrestricted funds					1,915	4,756
Restricted funds					125	625
TOTAL FUNDS					2,040	5,381

	FOR	THE YEAR ENDED 3	1STDECEMBER 2021
			31.12.21	31.12.20
		Notes	E	E
Cash flows from operating	activities
Cash generated from operations		1	796,641	(27,124)
Net cash provided by/(used in) operating		activities	796,641	(27,124)
Cash flows from investing	activities
Interest received			18	19
Net cash provided by investing	activities		18	19
Change in cash and cash equivalents		in
the reporting period			796,659	(27,105)
Cash and cash equivalents	at the
beginning ofthe reporting	period		5,381	32,486
Cash and cash equivalents	at the end of
the reporting period			802,040	5,381

		FO	R THE YEAR ENDED 31STDECEMBER 202	R THE YEAR ENDED 31STDECEMBER 202	1	1
RECONCILIATION		OF NET	EXPENDITURE TO NET CASH FLOW FROM		OPERATING ACTIVITIES
					31.12.21	31.12.20
					E	f
Net expenditure	for the reporting			period (as per the Statement of
Financial Activities)					(3,341)	(27,105)
Adjustments for:
Interest received					(18)	(19)
Increase in debtors					(3,600)
Increase in creditors					803,600
Net cash provided		by/(used	in) operations		796,641	(27,124)

ANALYSIS OF CHANGES IN NET FU	NDS
	At 1.1.21	Cash flow	At 31.12.21
	E		E
Net cash
Cash at bank	5,381	796,659	802,040
	5,381	796,659	802,040
Total	5,381	796,659	802,040

DONATIONS	AND LEGACIES
		31.12.21	31.12.20
		E	E
Donations		233	2,444
Gift aid		43
Legacies		1,550,000
		1,550,276	2,444

			F	OR THE YEAR ENDED 31STDECE	MBER	2021
3.	INVESTMENT		INCOME
							31.12.21	31.12.20
							E	E
	Deposit account		interest				18	19
4.	CHARITABLE ACTIVITIES			COSTS
					Grant
					funding	of
					activities		Support
					(see note		costs (see
						5)	note 6)	Totals
						E	E	E
	Otago University		NZ		1,553,500		3,600	1,557,100
5.	GRANTS PAYABLE
							31.12.21	31.12.20
								E
	Otago University		NZ				1,553,500	29,103
6.	SUPPORT COSTS
							Governance
					Finance		costs	Totals
						E	E	E
	Other resources		expended			135		135
	Otago University		NZ				3,600	3,600
						135	3,600	3,735
7.	AUDITORS'	REMUNERATION
							31.12.21	31.12.20
							E	E
	Fees payable	to	the charity's	auditors for the audit ofthe charity's	financial
	statements						3,600

	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31STDECEMBER 2021	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31STDECEMBER 2021	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31STDECEMBER 2021	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31STDECEMBER 2021	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31STDECEMBER 2021
	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
					Unrestricted	Restricted	Total
					fund	fund	funds
					E	E	E
	INCOME AND ENDOWMENTS			FROM
	Donations and legacies				1,569	875	2,444
	Investment income				19		19
	Total				1,588	875	2,463
	EXPENDITURE ON
	Charitable activities
	Otago University NZ					29,103	29,103
	Other				465		465
	Total				465	29,103	29,568
	NET INCOME/(EXPENDITURE)				1,123	(28,228)	(27,105)
	RECONCILIATION	OF FUNDS
	Total funds brought forward				3,633	28,853	32,486
	TOTAL FUNDS CARRIED FORWARD				4,756	625	5,381
10.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
						31.12.21	31.12.20
							E
	Prepayments and accrued		income			3,600
11.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
						31.12.21	31.12.20
						E	E
	Other creditors					803,600
12.	MOVEMENT IN FUNDS
						Net
						movement	At
					At 1.1.21	in funds	31.12.21
					E	E	E
	Unrestricted funds
	General fund				4,756	(2,841)	1,915
	Restricted funds
	Restricted funds				625	(500)	125
	TOTAL FUNDS				5,381	(3,341)	2,040

					Incoming	Resources	Movement
					resourcesf	expended	in funds f
Unrestricted funds
General fund					3,894	(6,735)	(2,841)
Restricted funds
Restricted funds					1,550,000	(1,550,500)	(500)
TOTAL FUNDS					1,553,894	(1,557,235)	(3,341)
Comparatives	for movement		in funds
						Net
						movement	At
					At 1.1.20	in funds	31.12.20
					E	E	E
Unrestricted funds
General fund					3,633	1,123	4,756
Restricted funds
Restricted funds					28,853	(28,228)	625
TOTAL FUNDS					32,486	(27,105)	5,381
Comparative net	movement	in funds,		included	in the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
					E	E	E
Unrestricted funds
General fund					1,588	(465)	1,123
Restricted funds
Restricted funds					875	(29,103)	(28,228)
TOTAL FUNDS					2,463	(29,568)	(27,105)

					Net
					movement		At
				At 1.1.20	in funds	31.12.21
				E	E		E
Unrestricted	funds
General fund				3,633	(1,718)		1,915
Restricted funds
Restricted funds				28,853	(28,728)		125
TOTAL FUNDS				32,486	(30,446)		2,040
A current year	12 months	and prior year 12 months	combined	net movement	in funds, included	in the	above a
as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
				E	E		E
Unrestricted	funds
General fund				5,482	(7,200)		(1,718)
Restricted funds
Restricted funds				1,550,875	(1,579,603)	(28,728)
TOTAL FUNDS				1,556,357	(1,586,803)	(30,446)

	FOR THE YEAR ENDED 3	1STDECEMBER 2021
		31.12.21	31.12.20
		E	E
INCOME AND	ENDOWMENTS
Donations and	legacies
Donations		233	2,444
Gift aid		43
Legacies		1,550,000
		1,550,276	2,444
Investment income
Deposit account	interest	18	19
Other income
Otago University	NZ Funding	3,600
Total incoming	resources	1,553,894	2,463
EXPENDITURE
Charitable activities
Grants to institutions		1,553,500	29,103
Support costs
Finance
Bank charges		135	15
Governance	costs
Auditors' remuneration		3,600
Accountancy and legal fees			450
		3,600	450
Total resources	expended	1,557,235	29,568
Net expenditure		(3,341)	(27,105)