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I reckon your best bet is an EOS500 for <£30 and either an EF 50mm f1.8 or the 40mm f2.8 pancake for £50-100. Proper SLR functionality and nice lenses and almost the size of a compact.
All the 90s plastic stuff is very unfashionable but IME works great and is dirt cheap.
XA? Welcome to borrow mine.