2021-09-29-accounts

			Page
Report ofthe	Trustees		1-3
Independent	examiner's	report
Statement of	Financial	Activities
Balance Sheet
Notes to the	accounts		7-9

					2021	2020
				Notes	E	E
Income from:
Donations					27,627	30,180
Investment income					11,653	16,707
Total income					39,26O	46667
Expenditure on:
Investment managers'		fees			(6,837)	(6,428)
Grants and donations					(35,523)	(34,000)
Bursaries					(3,639)
Management fee /	Bookkeeping			4,8	(3,000)	(3,000)
Independent Examiner		fees			(3,350)	(2,750)
Bank charges					(461)	(491)
Fund raising expenses					(264)
Total expenditure					/$3,074/	(46669/
Gains/(losses) on	investment		assets	6	98,927	/14,223/
NET INCOME/(EXPENDITURE)			FOR THE YEAR		85,133	(14,005)
RECONCIUATION	OF FUNDS
Fund balances at 30September			2020		722,987	736,992
Fund balances at	29September 2021				808,120	722,987

					2021		2020
			Notes		E		E
Fixed assets
Investments					801,170		713,929
Current	assets
Stock				595		595
Debtors			6	11,579		3,983
Cash at	bank and in	hand		51,184		8,080
				63,358		12,658
Creditors: amounts		falling due within one
year			7	(56,408)		(3,600)
Net current assets					6,950		9,058
Total assets less current liabilities					808,120		722,987
Funds
General	Fund				808,120		722,987

2	Donations
								2021	2020
						Note			E
	Individuals					9		27,627	30,180
								27,627	30,180
3	Investment income
								2021	2020
								E	E
	Income from listed investments							11,651	16,675
	Interest receivable							2	32
								11,653	16,707
	Analysis oftrustee remuneration			and expenses
	The trustees are considered to be			the key management		ofthe charity.		There are no	employees. None
	of the trustees (or	any	persons	connected	to them)	received	any	remuneration	or reimbursed
	expenses in the year.
5	Fixed asset investments
								2021	2020
								E	E
	Market value at 29 September 2020							713,929	717,907
	Capital invested/(withdrawn)							(16,500)
	Income reinvested							11,651	16,673
	Investment managers' fees							(6,837)	(6,428)
	Increase/(Decrease)	in market value						98,927	(14,223)
	Market value at 29	September 2021						801,170	713,929
	Cash							4,976	50,432
	Listed Investments							796,194	663,497
								801,170	713,929
	Historical costof listed		investments					652,292	579,937

						2021	2020
						E
	Assets comprising more than 5%		in value		are:
	110,000 Equity Income Trust					53,889	71,964
	350 Findlay Park American		Fund			47,264	80,647
	87,000 Schroder UK Alpha Income			Fund (less than 5% in 2021)			33,904
	381 Schroder Diversified	Alternative				42,702	37,577
	16,000 BlackRock European	Dynamic			Fund (less than 5% in 2021)		33,536
	1,475 iShares Physical Metals		PLC	(less than 5%in 2021)			42,360
6	Debtors
						2021	2020
							E
	Trade Debtors					80
	Debtors (Gift Aid)					4,419	1,679
	Prepayments					6,840	2,304
	Amounts due from The Worshipful			Company of Plumbers		240
						11,579	3,983
7	Creditors: amounts falling	due within one year
						2021	2020
						E	E
	Other Creditors and Accruals					7,823	1,600
	Raise the Roof Fundraiser					39,050
	Annual Lecture 2021					9,535
						56,408	1,600