COMBE BANK EDUCATIONAL TRUST
REGISTERED CHARITY NO- 1007871
REGISTERED COMPANY NO: 1067557
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Haysmacintyre LLP
10 Queen Street Place
London
EC4R 1AG

COMBE BANK EDUCATIONAL TRUST
CONTENTS
Pag•
Trustees. Report
Independont Examinerfs ReF#Yt
Stslemenl of Finanual Actiwl
Balance Sheet
Notes to the Finanoal ststen￿ftts
8-11

COMBE BANK EDUCATIONAL TRUST
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022
Comba Bank Educational Trust is a private company limited by guarantee and a registered charity. Tha
directors vtho are also the charty tnjstees will be ￿ferred to 8s'lrustees' 8rKJ the company as the
'charity" throughoul these finarKial slatements. The trustees wesenl Iheir annual report and accAyJnts
for the y8ar &nd8d 31 March 2022.
The a¢wints have been wopared in accordance the accc*Jnting pdici8s sel out in note 1 to the
accounts, Acc¢)unling 8NI RekxNb"ng by Chanb"es.. Ststemeni of RÈCx)mMènd￿ Practicè applicèblè to
charities preparing Iheir accounls in accordance wilh the Financsal Repcwtiro StarKlaTd appl￿ble in the
UK and Re￿￿1C of I￿land IFRS 102> and the CoMpan￿S Act 2006.
Referen¢¢ and Admlnlstratlve de￿￿1$
Registration Numb•rs
Company registration number 1067557
Charity regislratth rnmber 1￿7871
Prlncipal and Roglstsr￿ ollleè
10 Queen Slreel PL8ce. London EC4R 1AG
r•ctors and Trustees
The directoTr of the company, who we a150 the charity truslees and are refsrred to thrrwghcwl Ihssg
financial statements as Irustees". who served duriThJ the were:
MrsA Gilbert
P H Dithnson (Chainwn and C￿anY Sec¥elary)
N Keen
J D Mamham
Admlnislrators and accountants
Haysmadntyra LLP. 10 Queen Street Pla¢8, London EC4R 1AG
Indgp•nd•nt Examln
Jane ￿k¢wAcA
Haysmadntyr8 LLP. 10 Que8n Street ￿aCe. LorKlon EC4R 1AG
Soli¢tors
Wfj(Ilake Bell LLP. 71 Queen IActoria Street. London EC4V 4AY
Invutm•nt managers
Jam¥s Hambro & Partners LLP. 45 Pal m￿1. London SW1Y &IG
Bankers
Lbyds Bank Plc. 15 Blackheath Wdlage. B￿heath. LoThkn. SE3 9LH

COMBE BANK EDUCATIONAL TRUST
TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022
Structure. govemance and manaym•nl
Constitutlon
Combe Bank EducatsMI Trust bs 8 c(Ynpany in¢xJrpordted underthe C<>mpaniesAct is a register8d
charity. The company i8 limiled by guarantee. does not have a Sha￿ capiial and Ihe liability of its
rnembers. the trvstees. is limrted lo £1 eath. The Companys goveming do¢um&nt is itsArtidtrs of
Association wh￿h were adopted by members by a speaal resolutson on 22 October 2015. These
cles ofAssociation ￿p1a￿ tha compan¥s fomi8r Memorandum and Artidas ofAss0¢rat￿n of 24
August 1972 as amended on 23 June 1997 and 29 January 2007.
The trustees. who do not r8ceive any refflunwation. are respx)nwble for the operation of the charity.
Recrurtment of new trustees wll be undertaken by the existing InJstees as vacancies arise. When
recruiting new trustee5 the trustees look for indNiduals skills and experience which are of value to
the ¢hacity. Any potential trustee will be interviewed by thg oxisting trustees and if appoinlod will be
provide¢J with a pack of informatv)n induding a copy of the acu)unts arKI Artides ofAss(Kiatson.
The trustees con&der Ihe board of Iruslees lo be the key rnanagemenl personnel of the charity in
charge of directing and controlliro, TunniThJ and 0￿rating the Charity on a day to day basi8. All trustè8S
give of their time frèèly and no trustèè rèceived remuneralion in the year. Detsils of tnjslees expenses
and related party transacticffjs a￿ di5c*Jsed in note 10 to the accounts. The Charity has no employe8s.
Obj•ctives. activities and achievements
Th• Charity's obJ8ctN8S. as set out in itsArtides OfA$￿7allc￿. arg to pronN)ta aTrJ provld8 for the
adv8n¢ement of edu¢ation and in to support the work of education establlshments and lo fund
or assist in the lundiro of educat'on for L*ildren and young people in England.
In addrtion lo di5trilxJling the charity's availalje irwme the trustees are prepared to distribute some of
its unrestricted fuTrJs if Suitab￿ applICat￿nS are T￿l¥ed.
During the year the charity awarded one off donal*)ns to Activiteens £10.OIY). St Mary's Primary SchoDI
£10,000 and Teen Action £10.(K)O. In addib.on a donat￿ of £47.103 was awarded lo Limpsfield Grange
Schod for the o)nvers1￿ of an exi5b'r¥J buildirrfJ inlo a new dassrcom and £27,351 to Hever Church of
England Primary sct￿l for new IT equipment and buihjing work. The donation to New Hortzons
Seaside Primary School towards the wnstruct￿n of a Heatthy Heats Sports hall . which was shown last
year as a contingent Ikability, is shown in these accounts as a currenl liability as all perfomianc8
conditions have rK)w been m81 . Thè wtènb.al donabon of £200,000 to Gunnerslxjry calFK)I￿ School
towards the cOnstruct￿n of a dassrTr)m block is 5ti11 sh(Mn a5 a cnntingent liaknlily, note 11. as
certaln pgrfomiancg 0)ndits￿S romain wtslanding.
The trustees. objective for the comirwJ year is to wpport edUca￿nal cau$es at leasl to t￿ exlsnl of the
charitys lotsl net ir(£fft for th? Y￿r. rf suitsbkn aP￿1¢at￿ffj a￿ r￿1ved from the charity's gen8ral
fvnds.
The trustees confimi Ihat Ihey have complied wryth the duty ￿ Section 4 of the Chariti&s Act 2011 lo have
due regar(J to the publK guidan(* publisw by the Charity ComffNssKM wh8n reviewng the charity's
aim5 and objectives and in ￿anning fvlure a(*"wb"es.
Inv•stm•nt Policy and P•rfornMne•
The Articles ofA9￿18￿"0n empower the truste￿ io invest in such stocks, investments property as
they see fit and wthin ihe kqw to apwnt an investment manager.
The trustsos eng8ye Jam¢s Hamlyo & Parbwrs LLP as investmerrt managers w?th the investment briof
to adopt a medium risk inveslment slT#tegy. The Trustees have agreed benchmarks by which to judg8
investment perfomiance and the performance ach￿ed for the year fell b81(Yw the agreed benchmarks.
The trustegs urKJer5la￿1 reasons forthe slight underForformanc8 and b8Ji8Ve that an appropriat9
invesbnent $tr8tegy has b88n a(S)pted f¢x the longer lem.

COMBE BANK EDUCATIONAL TRUST
TRUSTEES. REpoirf FOR THE YEAR ENDED 31 MARCH 2022
Financial Revlèw
Investment incomè for the year of £63.32512021- £54.1721 in(*eased by £9,153 lh8 previous year,
reflectirKJ a bounce back on the r￿alIVe impad the pandemic had the ability ol companies lo
maintain Ihè1o¥el of their dividerKJ distribuiions in preTrrnxJ$ yoars. Total irw)mè for the year amount
to £63,32512021- £54.1721. ChariratAe expÈnditure for the year amtyjnted to £457,641 (2021-
£24,812) which vthen added to the investment managèment fee of £38,31512021- £37,300) msulted in
nel expenditure l¢x the year 01 £432.631 {2021- £7.9401 baforè net gains on investrnents.
The Un￿alISed and realised gains a￿1 loss￿ on the revalu8ti(m aThJ disposal of investment assets for
the year was a net gain of £157.W {2021- £537,973} results'ng in an overall net expenditure for the
ye8r of £274,66712021 - income £530,033). The net assets al Ihe balan¢* shéet date amounted to
£3,399,52612021- £3,674.1931 induding inveSts￿ts and cash at bank of £3.740,831 12021-
£3,930.1791.
Fundraislng
The Arbdes ofAsso¢iatm Ihe tntstees lo invest in such stods. investments afKI prop8ty as
they see fft and within tho law and to appoint an investment manager. The charity th)es not fundraise
frtyn any other source.
Reserv￿ r•Yiew and poll¢y
The ch8rity has a Strong balance sheet at 31 March 2022 unreslricte(I funds of £3.399.526
£3.674.1931. Thè trustees, polifyy going forward will be to keep suffiuent reserves lo be able to any
financial commitments arising from th8 lulfilment of the charity's objectivès.
Going Concem
All of the charlty's dbStribubon$ ar8 discre11￿ary and rf required can be mad8 as distributions from the
charity's unre51rKtgd fvnd. The market value of the charity's investmenl FQrtfolio which underfies the
unrestri¢t&d fund was £3.248.674 at 17 October 2022. a consequen¢& gÉven the solid 18vel of the
charity's unrestricted fund. the discretionary nature of the charity's distributK)ns and in the absence of
any material uncertainties the tW$t￿ consider the charity to be 8 g(Mng con￿rn for the forthcomiThJ
year and th8 fofeseeable future.
Rl8k M•nagemtnt
The trustees have asse&s8d the rTM3jor risks to whith the charity 15 exws8d. in parti¢ular those related to
the operatitv) aThJ finances of tho charity. and are satisfied that SyStem5 are in place to mitigatg
extx)sure to the major risks. The trustees consKler that the key risks relate to the tharivs banking arKI
investment operations tx)th of whiL* aro caffb8d out on ￿hall ofthe charity by independent rogulated
entitios and Its trustees also perform Iheir indeFendent checks in ihese areas.
Plans for thè futu
The charity is managed a ￿e￿ io it able to conlinue ils chaiitaNe activit*s kn the years lo
come.
Slat•ffl•nt of Trust••s' Responslbilili
The Trustees are responsible for preparirKJ the Trustees. ReFM)rt and the finanfy81 statements in
accordance with applicable law Unibj Kingdc¥)) ActwntirrfJ Stsndards (United KIn￿10M Ggneral
Accepted Ac(x)unting Practii*l.
Th8 law appli￿ble to charities in Er@land & Wales requires the trustees to prepare financial statements
fof each financial yè8r which give a trt￿ and fair viow of Ihe stale of affairs of the charity and ol Ihe
ir￿Orning resources and ap￿ica￿On of r¢sources ol the Charity for that peric*1. In preparir4J these
financial stslements. the 1rUst￿ are requirod to..
sdect suitabl8 accounting P￿ieleS and appty them o)n3istenty.
Obserye the mothods and twinoples ￿ Ihe Charib8s SORP,
Make judgements and esb"mates Ihat 8re reasonable pnx1enL

COMBE BANK EDUCATIONAL TRUST
TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2022
Stat•ment of Tn￿. Responsibilrlies Iconl)
Stat8 whether applicable accounting standards have been foll¢Md. SUbi￿t to material departuras
disclosed and explained in the finanoal statements..
Prep8￿ the thnanaal statemants on th• goir¥J con¢em bw"s unless it Is in8ppropriat8 to prèsum• that
the charty will ￿tinue in ￿si￿ss.
The trustees are responsknle for kwThJ proper acccNJnting rec(xds that di%ch)se Te8son8ble
acwra¢y at any time the financial pwtion of the charity and ena￿e them to ensure that the financial
stalemenls comply with the compan￿ACt 20￿. They are also re5pork8ible lor safoguarding Ihe
assats ol the charity and hence lor takiThJ reasonable steps forthe preVen￿n and detection of fraud and
other irregularitw.
18 October 2022
P H DICKINSON
on behaff of the Iruslees

COMBE BANK EDUCATIONAL TRUST
INDEPENDENT EXAMINERS REPORT
I report lo the Trustees on my examinalion of ￿ a(s)unts of CoTrts B8nk Et1urational Trusi f￿ year ended 31
March 2022 bthich are set out on pages 6 to 11.
Re8ptctlve rospon$lbllltl•s of Trustw and Examlnw
The trustees Iwho are 8150 the direclor5 of the cornpany the purpose5 of cornpany18wl are responsible for the
prÈpar8tion ol the accounts in accordance with the requirements of the Companies Acl 20061.the 2006 Act'l. The
Irustees are satisfièd that ￿ audit is not r4uir8d f¢y this year under s8(*"on 144121 of Ihe Charikn"esAct 2011 (the
2011 Act) and have chosen inslead to have an independ8nl 8xarnination.
Having satisfied myself that the acc(xJnts of th8 charitstAe ￿MpanY a￿ Th)t required lo be atjoiled urnler Part 16 of
the 2006 Act and are eloible for irKlepeThYent exarn1natk￿. I report in resFeCt of my examination of the charitable
company's accounts as carried out under sedion 145 of thè 2011 Act. In cal￿Try out my gxamination I havè followed
the requiTernents of the applicab￿ Direuions given by the Charity commi￿on undor section 14515)Ibl of the 2011
Independènt E￿mInI￿5 Statem￿rt
Since the charity has Pf8par8d its acLounts on an acuuals basis I can confirm Ihal l am quafifiod to und8rtake Ihe
examination becaus8 l am a ￿giSter9d momb8r of ICAEW whth Ks of Ihe listgd b(xlies.
I have completed my examination. l o)nfim that rK) matters hav¢ com$ to my attenti￿ gfvirKJ me causg lo believe
that In any material respect".
11 accounting reconjs were not kgpt fft rospgct Lrfthe CtyTyary as requir￿ by seclion 386 of th$ 2CL16
Actr, or
21 tho accounts do r￿1 accord ￿th those records: or
31 the accounts do not comF4y the ac￿u￿ting requKerTwts of sectK)n 396 of the 2006Acl olher
than any requirèm8nt that thè accounts gNe a Irue and fair view whKh is ￿t a matter cOn￿dered as
part of an independent examination- or
the acccyjnts have not been prepared in acwdance 7hith the ff*tlKxJs and Princi￿8$ of the
Statement of Recommgndgd PraGtice for accounting and rewling by charilw.
I have no ¢orKems And have come a¢Joss no olher matters in connection with the examination to
attention
should be drawn in this rep)rt in orferto enat￿8 a kYc4)er understa￿lIng of a1￿Unts to b& reached.
Signatura.
2711012022
Jane AskewACA
Chartered Accountant
Haysrnauntyre LLP
10 Queen Street Place
London
EC4R 1AG

COMBE BANK EDUCATIONAL TRUST
STATEMENT OF FJNANCIALAcrivrriES ￿ncl￿dI￿g In¢om¢ *Thl Ex￿ndIt￿re St*ttmtnt)
FOR THEYEAR ENDED 31 MARCH 2022
Unr8strlct•d
Fund$
31 Mareh 2021
Funds
31 Mar¢h 2022
INCOME FROM
Investm8nts
63.325
$4,172
Total Income
63.325
54,172
EXPENDITURE ON
Investrnenl management fee
Charilable activiU8s
38.315
457,641
37,300
24,812
Total Expend5￿1•
495.956
62,112
Net Expenditure bel￿e gains and losses
on Investments
1432.631)
17.9401
othor r•¢OgnIs￿ Iloss0sygain$-
Nel gains on Investments
157,964
537,973
Nel 1￿me/{EXPenditiJr8)
1274.667)
530,033
Fund balanc8 brought fmvard
3.674.193
3,144,160
Fund bakqnce carried fO￿ard
3.399,526
3,674.193
l transactKJns are derived from ccffltinuing activths.
There are no recognisèd gains or losses ot￿r than ￿ results frjr Ihe year as set out aLx)ve.
The notes on pages 8 to 11 fomi part of Ihese financial stalements.

COMBE BANK EDUCATIONAL TRUST
BALANCE SHEET
AT 31 MARCH 2022
Com
Number 1007557
31 M4rch 2022
31 March 2021
FIXED ASSETS
Invostments
3,712,021
3,872.268
CURRENT ASSETS
Cash al bar* aThJ on de￿￿1
28.810
57,911
28.810
57.911
Credltors: Amounts lalllng
due wlthln om y•ar
Creditors
{341.305)
1255,986)
CURRENT ILIABILITES
(312,495}
{198.0751
TOTAL NET ASSETS
3.399.526
3.674.193
General unresln.cted fur¥ls
3.399.526
3,674.193
TOTAL CHARITY FUNOS
3.399.526
3,674,193
For the financial year in quests'on the company was entiued to exemption under sectKJn 477 01 the Companies
Act 20￿ relab.ng lo small companies. No members have required Ihe company to obtsin an audit of Its
accounts for the year in que5b.on in accordarKe with section 476 of the Companies Act 2006. The trustges
acknovAedge their reSP)n￿bIlIty for comp￿Tra with the requIren￿ts of the Act ￿ respect to accounting
rewrds and for the preparati￿ of a¢xounts.
These ac(xJunts have been FryHred in ￿(Moan￿ tt)0 kwovtsiL￿ applKable to companie5 subFCt to the
small (¥)mpanies' regirne.
The financial ststements on pages 6 to 11 were appyoved WKI aLrthorised for issue by truste&s on 18
Octob8r 2022 and signed on its bghalf by:
P H DICKINSON
Chairn￿ of TDJst￿S
Thg notès on pa99s 8 10 11 fom) part of fman(i81 statsrn8nts.

COMBE BANK EDUCATIONAL TRUST
NOTES TO THE FINANCIALSTATEMENTS
Principal A¢¢ountifig Poll¢i
princip81 a￿Unting policies. judgements a￿1 key SIXJr￿ of e￿Imati￿ adoptsd kn th8 preparation of the fin0n¢ial
statements are a5 fc41ows.'
la)
Basls of accounting
The finan081 statements haNp been prepared in acc4)rdance with FRS102 The Finanual Reporting
Standard ap￿lea￿e in the UK and Republ￿ of Ireland" I'FRS102'1. Accounting and Reporting by
Chariti"gs.' Ststement of Reo)mrwMled Pra(*ce for Charities ISe¢xnd Edition, effective 1 January 2019),
and tho Compan*s Act 2006.
The charity meets th8 dèfinitit)n of a public beneffil enttty ijnder FRS 102. Ass8ts and Ilabillti$s
are initialty re¢¢rfJnised at historical Cost or transactpJn value unless otherwise stated in the
rdevant xcounting pdicy notes.
Golng Cone•rn
AJI ol the chanty's dislribu￿ons arg dis(xvtKXWy 8ThJ rf requlred v*ill be mad? as distrIbutic￿ from the
charity's unrestricted fund. Thè charity's investwrEnt portfolK), whKh undedies thè unrestricted lur7d, had a
market value of £3.248.674 at 17 October 2022. The charity has no di%tribution comrnitments apart from
those disck)sed in the accounts. induding in note 11. all of whith be paid from realising indiwdual
holdings in thg In￿stment porffdio. As suth given the 501id ￿Ve1 of th& tharills unreslricled fund ,the
discretionary natLEre of the Charit￿s distr1tr￿IIonS and in the absence of any material uncertainties th
trustees consider the tharity. 1$ a public bengfft entity. to be a u)ncem for thè forthcoming
year and Ihe foreseeable fvture.
In¢om•
Income is wxwnted lor on a receivab￿ b89S.
Exp8ndltur•
Expenditurg is recoJnis8d on an accruals ba￿s. Govomance costs compris8 thos8 for the rLtrnning of the
charity.
Bursarl•s
BursarE5 are awartled for01￿ year arKI are subject to a revivw of the pupifs financial
circumstances and an assessment by the schcd concemed. Bursafies are pakl temty and an accrual is
made in tha accounts for Ihe summ&r term oNnmilmgnl.
Ibl
Ic)
lal
ifj
Donation$
Donation$ aro ¢harggd to tho Sla19mgnt of Finan¢ial Ath"vitios whgn tho charity h8$ communicated its
de¢i510n to award a donation to the re¢ipient before the year end and any Ferforrnance conditions
attached to the award have been ￿￿1. If the ￿rforrnance conditions have not yet been met the polenlS81
donation is shown as a ¢￿ting￿nI Iwbility rftho trust￿$ o)nsK1er il than likety that thè tlonalion wtii
ventually be paid.
Investrn•nts
Investmenis are stated at the m*jd￿ market vaSu8s wling at thg balance shoèt dats.
A¢￿tinUouS revaluati￿ approach Trs adoptgd for Investmenl assets. ￿1 unrealL￿1 and realised gains
and kjsses on Ihè revaluatK•n and dksposal of inve5trnenl assets are included as a single row on the
Statement of Financtal Ac*vilie5 ar*J in tho notes to Ihe acC￿nts.
Ig)
(h}
R•s•rve
Unrastri¢t8(1 fvrwts arg 8v&lable as ggngral funds.
Crndltors and provlslon
c￿lIOrS and provision5 are reTr>Jni5ed where the charity has a present ot4igation rasulting from a pBst
event that wll probably resuft in the transfer of funds to a third paty and the 8mount due to selue the
obligatitin (3n ￿ mèasured (* Èstim*ed rdi8￿Y.
Cash and cash equivalents
Cash and cash equivalent5 ind￿je3 cash aTrJ bank (W'ts 7Mth maturity of threa mnths or less Irom
the date of opening of Ihe deposit.
For•lgn Currnncy
Transaclions in loreign currerw are recoynised at the rate of exchange at Ihe date of the transaction.
Assets I￿ld in loreign tsjrrerw are tran￿atert inlo 5terfing at the excharKdè rate at the balance sh881 dats.
l exchange rate thfferences are recognis&J through ts slatement offinanckgl adivtle&
(i)
(kl

COMBE BANK EDUCATIONAL TRUST
NOTES TO THE FINANCIALSTATEMENrs
Principal Accountlng Poll¢l•s {Conl1
Financlal Instrument
The ¢h8rity only has finan(ial assets IfA"l financial liabilities I"FL-l of a kind that qualify as basi¢
finanaal instruments. Basic financial instruments I￿uding cash. trade and other debtors, credilors, that
arg payable within one year 8n¢J (k)natK)n$ p3ydiAe after one year are measured Initially and subsequenty
81 the undiscounte(l amount of cash or other cons*Jeration expected to be received or pa¢d 1'AM￿tised
Cost"). Lisled investments a￿ rr￿S￿￿d to market value I"Fair Value-l at each balance Sheet dale and
the ￿ulling gains or k)sses on ￿rneasurement are re¢tyJnised in the Stslement of Financial Activities.
31 March 2022
31 March 2021
FA held at amortised o)st
FA held at fair value
FL hell al amortised u)st
222.721
3.S18.110
1341.305)
207.204
3,722.975
1255,9861
3.399,526
3,674,193
Investments
The charitls inveslryEnls are registered in the name of S G HambrDS ILorKlon), the nornir￿ company of the charitys.
investment managers.
Investments 8r& revalugd by refgrgnce to mid market values as at 31 March 2022.
Investm￿ts comwise the follovn'ng:
Year
•nded
31 March 2022
Year
ended
31 M•rch 2021
UK I)Joted investments
Overseas quoted investments
Altemative quoted Invesiments
Cash held as part of the invstmenl F*Nttdio
897.713
1.977.074
643,323
193,911
985,985
2.183.875
553,115
149.293
3.712.021
3.872,268
Market value at 31 March 2021
Additions at cost
Market Value of Disposals
Net gains on rev81uatk)n disposals
3.722.975
659.232
{1,022.0611
157,964
2.817.061
1,622,911
11.254.970)
537.973
Market Value 8t 31 Mar¢h 2022
Cash held in the invèstment FY3rtfdhJ
3.518,110
193,911
3.722,975
149,293
3,712,021
3.872.268
In¢omg
UK quoted investments
Overs8as quot8d inv8stm8nts
28.682
34.643
19.661
34.511
63.325
54,172

COMBE BANK EDUCATIONAL TRUST
NOTES TO THE FINANCIALSTATEMENTS
Analys1$ olTotal Expendlture
Year
ded
31 March 2022
Ygar
endod
31 March 2021
Donations Inoie 61
Bursary awarded (note 4}
Governanc8 costs {note 5)
Sundry
437.654
10.275
9.618
7,600
9.780
7.388
44
457,641
38.315
24.812
37.300
Inveslment management fee
495.956
62.112
Bursarf•s
The charity awarded a bursary to one pupil12021". one} who attend8d Radnor HOU￿ SèvèM8ks School Iformerfy Combe
Bank Sch¢￿)11 during the 2021122 academic year anw)unting in tolal to £10.27512021 ." £9,780)
Gov•rnanc• Costs
Year
end¢d
31 PAarch 2022
Y•ar
•nde(I
31 March 2021
Accountsncy and Seuetarial lees
Independant Examiners, fee
Legal Fees
6.188
1.21]0
1.320
1.800
9,618
7,388
Donatlons
Ye•r
•Dd¢d
31 March 2022
Y•ar
ended
31 March 2021
Activiteens
Limpsfield Grange S¢h(M)E
St Mary's Primary Sd)o
Taan Action
Hevgr Church of England Primary Sthool.
Ngw Horkons Sèa%d8 Primary SdKM)I
10.OIJO
47,103
10.0
10.000
27.351
333.200
7.600
437.654
7.600
Crgdltors: amounts falllng due fthln on• y
Year
•nd•d
31 March 2022
Y•ar
ond¢d
31 March 2021
Bursary
Other Crsditors
Donations
3.425
4.680
333.2
3,260
2,726
250,000
341,305
255.986
10-

COMBE BANK EDUCATIONAL TRUST
NOTES TO THE FINANCIAL STATEMENTS
Reconcllallon of movemènt In r•ser¥
Unrestrl¢tod
Funds
Total Y•arTotal Year endad
ended
31 March 2022 31 MBrch 2021
1 April 2021
Net Incomellexpenditurel the y
3.674.193
1274,6671
3.674,193
1274,6671
3.144.160
530,032
31 MBreh 2022
3.399.526
3,399,526
3,674.193
Sh8rn Capltsl
The chanty is i[￿1pOrat&d under the Companies Act as a Private company limited by guarantee and doe5 not have any
Sha￿ ￿p1th1. The liability of members is limited to a sum not exceeding £1.00 being the anK)unl each member undertakes
to contribute to t1￿ assets of thè charity in the event of it being w(yJnd up.
10 Truste•$ R•munwatlon and related party Iransactlons
None of the truslo0s have been paid any renwjneration ￿ receNed arry oiher t￿efft3 from an eM￿OyM￿nI with their
charity or a related enlty. No trustse expenses have been reimtwrsed.
11 Contlngent LlabllltS•8
The charity has a constmclN8 oblig8tiM to a schx)I for a dc#)ation of £200.OCrf) which is subject to certain perfomwnc
conditions which have not yet been mel. Thè trustees believe it more than likdy that the (x)ndilKx)s relating lo Ihis
donation will eventually ￿ m8t and the donation paid. The payment will be made from the charitys investment portfolio
which had a market value of £3.248.674 at 17 IXaob8r 2022.
11