| Page | ||||
|---|---|---|---|---|
| Reference and administrative | details ofthe charity, its trustees | and advisers | ||
| Trustees' report |
2-5 | |||
| Independent auditors' |
report | |||
| Statement offinancial | activities | 10 | ||
| Balance sheet | ||||
| Statement ofcash flows | 12 | |||
| Notes to the financial | statements | 13-25 |
| Unrestricted | Endowment | Total | Tote/ | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| Note | 2021 6 |
2021 f |
2021 6 |
2020 5 |
||
| INCOME AND ENDOWMENTS | FROM: | |||||
| Investments | 2 | 126,446 | 126,446 | 159,011 | ||
| Other income | 3,131 | 3,131 | ||||
| TOTAL INCOII/IE AND ENDOWMENTS | 129,577 | 129,577 | 159,011 | |||
| EXPENDITURE ON. | ||||||
| Raising funds: | ||||||
| Investment management |
3 | 17,421 | 17,421 | 1R RR4 | ||
| Charitable activities |
5,6 7 | 79,161 | 3,960 | 83,121 | 154I/27 | |
| TOTAL EXPENDITURE | 7 | 79,161 | 21,381 | 100,542 | 173,011 | |
| NET INCOME / (EXPENDITURE) BEFORE |
||||||
| INVESTIi/IENT GAINS/(LOSSES) |
50,416 | (21,381) | 29,035 | (14,000) | ||
| Net gains/(losses) on investments |
775,194 | 775,194 | (570,829) | |||
| NET INCOME / (EXPENDITURE) BEFORE | ||||||
| OTHER RECOGNISED GAINS AND LOSSES | 50,416 | 753,813 | 804,229 | (584,829) | ||
| NET MOVEMENT IN FUNDS |
50,416 | 753,813 | 804,229 | (584,829) | ||
| RECONCILIATION OF FUNDS: |
||||||
| Total funds brought forward |
39,473 | 3,450,757 | 3,490,230 | 4,075,059 | ||
| 89,889 | 4,204,570 | 4,294,459 | 3,490,230 | |||
| TOTAL FUNDS CARRIED FORWARD |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Note | 8 | ||||||
| FIXEDASSETS | |||||||
| Investments | 4,196,229 | 3,262,909 | |||||
| CURRENT ASSETS | |||||||
| Debtors | 12 | 18 | |||||
| Cash at bank and | in hand | 17 | 114,152 | 251,285 | |||
| 114,152 | 251,303 | ||||||
| CREDITORS: amounts | falling due within | ||||||
| one year | 13 | (15,922) | (23,982) | ||||
| NET CURRENT ASSETS | 98,230 | 227,321 | |||||
| NET ASSETS | 4,294,459 | 3,490,230 | |||||
| CHARITY FUNDS | |||||||
| Endowmentfunds | 14 | 4,204,570 | 3,450,757 | ||||
| Unrestricted funds |
14 | 89,889 | 39,473 | ||||
| TOTAL FUNDS | 4,294,459 | 3,490,230 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Note | 6 | p | ||||
| CASH FLOWS FROM OPERATING | ACTIVITIES | |||||
| Net cash | provided by/(used In) operating activities |
16 | 20,992 | (16,232) | ||
| Proceeds | from sale of investmonts | 745,242 | 455,013 | |||
| I urcnase | or investments | (903,36/I | tries, era) | |||
| NET CASH USED IN INVESTMENT | ACTIVITIES | (168,126) | (391,360) | |||
| CHANGE | IN CASH AND CASH EQUIVALENTS | IN THE YEAR | (137,133) | (407,592) | ||
| Cash and | cash equivalents brought |
forward | 251,285 | 658,877 | ||
| CASH AND CASH EQUIVALENTS | CARRIED FORWARD | 114,152 | 251,285 |
| INVESTME | NT INCOME |
||||
|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Total | ||
| funds | funds | funds | funds | ||
| 2021 E |
2021 E |
2021 E |
2020f | ||
| Investment | income - listed investments | 126,425 | 126,425 | 158,655 | |
| Investment | income - local cash | 21 | 2'I | 956 | |
| 126,446 | 126,446 | 159,011 | |||
| Total 2020 | 159,011 | 159,011 |
| Unrestricted | Endowment | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2021 f |
2021 | 2021f | 2020f | |||
| Investment | management | fees | 17,421 | 17,421 | 18,984 | |
| Total 2020 | 18,984 | 18,984 |
| Unrestricted | Endowment | Total | Total | |
|---|---|---|---|---|
| funds 2021 f. |
funds 2021 f |
2021 f. |
2020f | |
| Donations | 50,000 | 50,000 | 130,500 | |
| Total 2020 | 130,500 | 130,500 |
| SUPPOR | T COSTS - | CHARITABLE | ACTIVITIES | |||
|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Total | |||
| funds 2021f |
funds 2021f |
2021f | 2020f | |||
| Trustees' | professional | fees | 13,218 | 13,218 | 12,507 | |
| Total 2020 | 12,507 | 12,507 |
| Unrestricted | Endowment | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | runrls | |||
| 2021 F |
2021f | 2021 5 |
2020f | |||
| Aiiditors' remuneration |
3,540 | 3,540 | 3,240 | |||
| Accountancy Subscription and other charges Management Legal 5 professional |
3,000 110 9,293 3,960 |
3,000 110 9,293 3,960 |
3,000 107 4,674 |
|||
| 19,903 | 19,903 | 11.021 | ||||
| Total 2020 | 11.021 | 11,021 | ||||
| ANALYSIS | OF EXPENDITURE BY EXPENDITURE TYPE | |||||
| Resources | ||||||
| expended | Total | Total | ||||
| 2021f | 2021f | 2020f | ||||
| Expenditure | on investment | management | 17,421 | 17,421 | 18,984 | |
| Costs ofraising funds | 17,421 | 17,421 | 18,984 | |||
| Direct and support costs Expenditure on governance |
63,218 19,903 |
63,218 19,903 |
143,007 11,021 |
|||
| 100,542 | 100,542 | 173,012 | ||||
| Total 2020 | 173,012 | 173,012 |
| ANALYSIS OF EXPE | ND | ITURE BYACTI | VITIES | |||
|---|---|---|---|---|---|---|
| Activities | ||||||
| undertaken | Support | |||||
| directly | costs | Total | Total | |||
| 2021 | 2021 | 2021 | 2020 | |||
| E | E | E | ||||
| Direct costs - (Donations | to registered | |||||
| charities) | 50,000 | 50,000 | 130,500 | |||
| Trustees professional | fees | 13,218 | 13,218 | 12,507 | ||
| Total2021 | 50,000 | 13,218 | 63,218 | 143,007 | ||
| Total 2020 | 130,500 | f2,507 | 143,007 |
| 2021 E |
2020f | ||||
|---|---|---|---|---|---|
| Fees | payable to the | charity's | auditor and its associates for the | ||
| audit | ofthe charity's | annual | accounts | 3,540 | 3,240 |
| FIXEDASSET INVESTMENTS | |
|---|---|
| Listed | |
| securities | |
| E | |
| lillarket value | |
| At 1 April 2020 | 3,262,909 |
| Additions | 903,367 |
| Disposals | (745,242) |
| Revaluations | 775,195 |
| At 31 March 2021 | 4,196,229 |
| Historical cost | 3,617,864 |
| 2021 | 2020 |
|---|---|
| E | |
| 4,196,229 | 3,252.909 |
| 31 March | 31 March | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| E | E | |||
| European Equities |
93,604 | 149,971 | ||
| Hedge Funds and Alternatives International and Thermatic |
424,637 772,914 |
324,181 598,926 |
||
| International | Fixed Interest | 124,522 | 108,225 | |
| Japan, Far | East and Emerging | Markets | 435,572 | 246,902 |
| North American Equities |
464,623 | 344,208 | ||
| Property | 111,355 | 112,625 | ||
| Structured | Return | 508,252 | 352,735 | |
| UK Equities | and Unit Trusts |
984,262 | 758,324 | |
| UK Fixed Interest | 276,488 | 266,612 | ||
| 4,196,229 | 3,262,909 |
| 2021f | 2020f | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Accruals and | deferred | income | 15,922 | 23,982 | |||||
| 14. STATEMENT OF FUNDS |
|||||||||
| STATEMENT | OF FUNDS - | CURRENT YEAR | |||||||
| Balance at | |||||||||
| Balance at | Gains( | 31 March | |||||||
| 1 April 2020f | Income f. |
Expenditure | f | (Losses) f |
2021 f |
||||
| Unrestricted | funds | ||||||||
| General Fund |
39,473 | 129,577 | (79,161) | 89,689 | |||||
| Endowment | funds | ||||||||
| Endowment Fund |
3,450,756 | (21,381) | 775,194 | 4,204,569 | |||||
| Other Endowment | funds | 1 | 1 | ||||||
| 3,450,757 | (21,381) | 775,194 | 4,204,570 | ||||||
| Total of funds | 3,490,230 | 129,577 | (100,542) | 775,194 | 4,294,459 | ||||
| STATEMENT | OF FUNDS - | PRIOR YEAR | |||||||
| Balance ai | |||||||||
| Balance at | Gains) | 31 March | |||||||
| 1April 2019f | income | Expendituref | (Losses)f | 2020f | |||||
| General Fund |
34,490 | 159,011 | (154,028) | 39,473 | |||||
| Endowment Fund |
4, | 040,570 | (18,984) | (570,829) | 3,450,757 |
| Unrestricted | Endowment | Total | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | ||||||||
| gn21 f |
2n2t f |
onssf | ||||||||
| Fixed | asset investments | 4,196,229 | 4,196,229 | |||||||
| Current assets | 100,897 | 13,255 | 114,152 | |||||||
| Creditors due within | one year | (11,008) | (4,914) | (15,922) | ||||||
| 89,889 | 4,204,570 | 4,294,459 | ||||||||
| ANALYSIS OF NET ASSETS | BETWEEN FUNDS - PRIOR YEAR | |||||||||
| Unrestricted | Endowment | Total | ||||||||
| Funds | Funds | Funds | ||||||||
| 2020 | 2020 | 2020 | ||||||||
| Fixed | asset investments | 3,262,909 | 3,262,909 | |||||||
| Current assets | 59,054 | 192,250 | 251,303 | |||||||
| Creditors due within |
one year | (19,581) | (4,402) | (23,982) | ||||||
| 39,473 | 3,450,757 | 3,490,231 | ||||||||
| 16. | RECONCILIATION | OF | NET | MOVEMENT | IN FUNDS TO NET CASH FLOW | FROM OPERATING | ||||
| ACTIVITIES | ||||||||||
| 2021 | 2020f | |||||||||
| Net income/(expenditure) | for | the year (as per Statement | of | Financial | ||||||
| Activities) | 804,229 | (584,829) | ||||||||
| Adjustment | for: | |||||||||
| (Gain) Iloss | on investments | (775,195) | 570,629 | |||||||
| Decrease in |
debtors | 18 | 593 | |||||||
| Decrease in |
creditors | (8,060) | (2,825) | |||||||
| Net cash provided | byl(used | in) operating | activities | 20,992 | (16,232) | |||||
| 17. | ANALYSIS OF CASH AND CASH EQUIVALENTS | |||||||||
| 2021f | 2020 Z |
|||||||||
| Cash in hand | 114,152 | 251,285 | ||||||||
| Total | 114,152 | 251,285 |
| Donations to registere | d | c | hari | tie | s | ||||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||||
| F | f. | ||||||||
| African Children's Fund |
Ltd | 2 000 | |||||||
| Age UK Thanet Ltd | 3000 | ||||||||
| APT Action on Poverty | 1,500 | ||||||||
| Astor Commumty Arts |
Irust Ltd | 7.cuu | |||||||
| Back-Up Trust (The) | 2.250 | ||||||||
| Bees For Development | Trust | 1,500 | |||||||
| Rex(ay Churches Care |
Trust | 2.000 | |||||||
| Beyond Autism | 2,250 | ||||||||
| Bletchley Park Trust Limited | I,000 | ||||||||
| Rrent I ndge Bird &Wildlife |
Trust | 1,000 | |||||||
| British Stammering Assn (The) |
2.000 | ||||||||
| Caldecott Foundation Limited |
3,000 | ||||||||
| Cameo Aid | 2,000 | ||||||||
| Campaign for National |
Parks | 1 500 | |||||||
| Canterbury Theatre & Festival |
Trust | 3000 | |||||||
| Care international UK |
1,500 | ||||||||
| Catching Lives |
5,000 | ||||||||
| Child Rescue Nepal | 1,000 | ||||||||
| Child ln Need India |
2,000 | ||||||||
| Childhope (UK) |
2,000 | ||||||||
| Childnet | 1,500 | ||||||||
| Combat Stress | 2,000 | ||||||||
| Cruse Bereavement Care |
Scotland | 1,500 | |||||||
| Demand Design and Manufacture |
for Dis | ability | 3,000 | ||||||
| Dementia Support |
4,000 | ||||||||
| Dogs for Autism | 1,000 | ||||||||
| Duchenne UK |
2,500 | ||||||||
| Earth Trust | 1,500 | ||||||||
| East African Playgrounds | 2,000 | ||||||||
| Edinburgh Young Carers |
1,500 | ||||||||
| Educating The Children |
1,000 | ||||||||
| Farm Africa Limited | 2,000 | ||||||||
| Fauna and Flora International | 2,000 | ||||||||
| Fort Amherst Heritage |
Trust | 1,000 | |||||||
| Free the Bears | 1,500 | ||||||||
| Freshwater Habitats Trust |
1,500 | ||||||||
| Frozen Ark Prolect (The) | 2,000 | ||||||||
| Funzi and Bodo Trust | 1,000 | ||||||||
| Galapagos Conservation |
Trust | 1,500 | |||||||
| Giving World | 2,000 | ||||||||
| Goodwin Sands Conservation |
Trust | 500 | |||||||
| Great Ormond Street Hospital |
Children' s | Charity | 2,750 | ||||||
| Green Shoots Foundation | Limited | 2,000 | |||||||
| Grief Encounter | 1,500 | ||||||||
| Hearing Dogs for Deaf |
People | 1,500 | |||||||
| Hope for Tomorrow | 2,500 | ||||||||
| Hope International Development |
Agency | 1,750 | |||||||
| Hospice UK |
1,750 | ||||||||
| Humanitas Charity |
2,000 | ||||||||
| Inter Care Ltd | 1,500 | ||||||||
| International Rescue Committee |
UK (Th | e) | 2,000 |
| FOR | T | HE YEAR ENDED 31 MARCH | 2021 | ||||
|---|---|---|---|---|---|---|---|
| Joss Searchlight | 1,000 | ||||||
| Juvenile Diabetes Research | Foundation | 1,500 | |||||
| Kent Coast Volunteering | Ltd | 2,000 | |||||
| Kent County Scout Council | 2,000 | ||||||
| Kent Multiple Sclerosis Therapy | Centre Limited | 3,000 | |||||
| Kent Surrey &Sussex Air Ambulance | 2,000 | ||||||
| Kent Wild(ife Trust | 3,000 | ||||||
| Kisumu Children Trust |
1,000 | ||||||
| Limbless Association | 1,500 | ||||||
| Maidstone Churches Winter |
Shelter | 2,000 | |||||
| Makhad Trust |
1,500 | ||||||
| Medway Asthma Self Help |
Group | 1,250 | |||||
| Methodist Relief & Development |
Fund (The) | 2,000 | |||||
| Michael Yoakley's Charity |
2,000 | ||||||
| Mothers 2 Mothers | 2,000 | ||||||
| Movement for Non-Mobile |
Children | (The) (Whizz-Kidz) | 2,000 | ||||
| Music for Change | 3,000 | ||||||
| New Life Nyambene | 1,000 | ||||||
| Nowzad | 2,000 | ||||||
| Oasis Domestic Abuse Service | 2,000 | ||||||
| Porchlight | 2,000 | ||||||
| Prevent Breast Cancer Ltd | 1,500 | ||||||
| Read International | 1,000 | ||||||
| Refocus Project Ltd | 2,000 | ||||||
| Right To Play | 1,000 | ||||||
| Royal Society for the Protection | of Birds | 1,250 | |||||
| Safety Net (UK) | 1,000 | ||||||
| Samaritans | 1,500 | ||||||
| Seasfarers UK |
2,000 | ||||||
| Simien Mountains Mobile |
Medical | Service | 1,000 | ||||
| Solar Aid | 1,500 | ||||||
| Spaniel Aid UK | 2,000 | ||||||
| Speakers For Schools | 1,500 | ||||||
| Strongbones Childrens Trust |
1,000 | ||||||
| Surfers Against Sewage | 1,000 | ||||||
| Support and Love via Education | International | 2,000 | |||||
| Tall Ships Youth Trust | 2,000 | ||||||
| Thanet Community Development |
Trust Ltd | 3,000 | |||||
| The Cheer-Up Squad |
1,000 | ||||||
| The Counselling Centre |
1,500 | ||||||
| The Maytree Respite Centre | Ltd | 1,000 | |||||
| The No Way Trust Ltd | 1&500 | ||||||
| Tiny Tim's Children Centre |
2,000 | ||||||
| Trussell Trust (The) | 2,000 | ||||||
| Trussell Trust (The) | 2,500 | ||||||
| West Faversham Community |
Association | 2,250 | |||||
| Wortd Child Cancer UK | 2,000 | ||||||
| Worldwide Veterinary Service |
2,000 | ||||||
| Total | 50,000 | 130,500 |