2021-03-31-accounts - Combe Bank Educational Trust

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			Unrestricted	Unrestricted
			Funds	Funds
			31 March 2021f	31 March 2020 f
INCOME FROM
Investments			54,172	80,449
Other				18
Total Income			54,172	80,467
EXPENDITURE ON
Investment management		fee	37,300	37,817
Charitable activities			24,812	401,708
Total Expenditure			62,112	439,525
Net Expenditure before		gains and losses
on Investments			(7,940)	(359,058)
Other recognised	(losses)/gains:
Net gains/(losses)	on Investments		537,973	(167,378)
Net Income/(Expenditure)			530,033	(526,436)
Fund balance brought forward			3,144,160	3,670,596
Fund balance carried forward			3,674,193	3,144,160

					31	March 2021	31 March 2020	31 March 2020
						E		E
FIXEDASSETS
Investments						3,872,268		3,371,083
CURRENT ASSETS
Cash at bank and on	deposit				57,911		101,246
					57,911		101,246
Creditors: Amounts	falling
due within one year
Creditors					(255,986)		(78,169)
NET CURRENT (LIABILITIES)/ASSETS						(198,075)		23,077
Creditors: Amounts	falling due
over one year								(250,000)
TOTAL NET ASSETS						3,674,193		3,144,160
General unrestricted	funds					3,674,193		3,144,160
TOTAL CHARITY FUNDS						3,674,193		3,144,160
For the financial year	in question	the	company	was	entitled to exemption under section 477 of the			Companies
Act 2006 relating to small companies.			No members		have required	the company to	obtain an audit	of its
accounts for the year	in question	in accordance		with section 476 of		the Companies	Act 2006.The	trustees
acknowledge their responsibility		for complying		with	the requirements	ofthe Act with	respect to accounting
records and for the preparation		ofaccounts.

				Year	Year
				ended	ended
				31 March 2021f	31 March 2020f
UK Quoted investments				985,985	862,747
Overseas	quoted investments			2,183,875	1,564,735
Alternative	Investments			553,115	389,579
Cash held	as part of the invstment		portfolio	149,293	554,022
				3,872,268	3,371,083
Market value at 31 March 2020				2,817,061	3,444,353
Additions	at cost			1,622,911	1,443,751
Market Value of Disposals				(1,254,970)	(1,903,665)
Net (Losses)/gains on revaluation			and disposals	537,973	(167,378)
Market Value at 31 March 2021				3,722,975	2,817,061
Cash held	in the investment	poiffolio		149,293	554,022
				3,872,268	3,371,083
Income
UK quoted	investments			19,661	51,820
Overseas	quoted investments			34,511	28,629
				54,172	80,449

3	Analysis ofTotal Expenditure	Analysis ofTotal Expenditure	Analysis ofTotal Expenditure	Analysis ofTotal Expenditure	Analysis ofTotal Expenditure	Analysis ofTotal Expenditure	Year	Year
							ended	ended
						31 March 2021		31 March 2020
							E
	Donations (note 6)						7,600	386,000
	Bursary awarded (note 4)						9,780	8,479
	Governance			costs (note 5)			7,388	7,153
	Sundry						44	76
							24,812	401,708
	Investment		management			fee	37,300	37,817
							62,112	439,525
4	Bursaries
	The charity awarded a bursary to one pupil (2020:one) who attended Combe Bank School) during the 2020/21 academic year amounting						Radnor House Sevenoaks School (formerly in total to 69,780(2020:f8,479)
5	Governance			costs			Year	Year
							ended	ended
						31 March 2021		31 March 2020
							E	F
	Accountancy			and Secretarial fees			6,188	5,953
	Independant			Examiners'		fee	1,200	1,200
							7,388	7,153
6	Donations						Year	Year
							ended	ended
						31 March 2021		31 March 2020
							E	E
	Four Elms	Primary School						23,000
	Isaac Newton			Primary School				13,000
	Moor House			School	&College			250,000
	Limpsfield	Grange School					7,600
	Seal C of E		Primary		School			50,000
	Woodlea Primary School							50,000
							7,600	386,000
7	Creditors:		amounts		falling due within one year		Year	Year
							ended	ended
						31 March 2021		31 March 2020
							E	E
	Bursary						3,260	2,529
	Other Creditors						2,726	2,640
	Donations						250,000	73,000
							255,986	78,169