## 



## 

||||Page|
|---|---|---|---|
|Legal and administrative|information|||
|Report ofthe trustees|||3 —4|
|Report ofthe independent|examiner|||
|Statement offinancial activities||||
|Balance sheet||||
|Notes forming part ofthe|financial|statements|8 —10|
|Detailed statement offinancial activities||||





## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 

## 




## 

## 

||||2021|2021|||||2020|
|---|---|---|---|---|---|---|---|---|---|
||||Unrestricted||Funds||||Total|
|Note|||Capital||Income||Total||Funds|
||INCOMING RESOURCES|||||||||
|2|Legacy received<br>Investment<br>income||||41,658||41,658||25,859<br>49,425|
||Total incoming<br>resources||||41,658||41,658||75,284|
||RESOURCES EXPENDED|||||||||
|3<br>4|Costs ofgenerating<br>funds<br>Charitable<br>activities|(|9P60)|(|56,532)|(<br>(|9,260)<br>56,532)|(<br>(|8,828)<br>46,912)|
||Total resources<br>expended||9260)|~56,532||)|65 792)|6|55,740)|
||NKT INCOMING RESOURCES|(|9,260)|(|14,874)|(|24,134)||19,544|
||OTHER RECOGNISED LOSSES Ec GAINS|||||||||
|7|Gains/(losses)gains<br>on investments||488,081||||488 081|(|336,707)|
||NKT MOVKMKNT IN FUNDS||478,821|(|14,874)||463,947|(|317,163)|
||Funds brought<br>forward||1,246,896||118,014||1,364,910||1,682,073|
|10|FUNDS CARRIED FORWARD||1,725,717||103,140||1,828,857||1,364,910|





## 

## 

|||Balance She|et as at 5th A ri|l 2021|||
|---|---|---|---|---|---|---|
|Notes||||2021||2020|
||FIXEDASSETS||||||
|7|Investments||||1,763,044|1477403|
||CURRENT ASSETS||||||
|8|Debtors|||1,734||2,077|
||Cash at bank|and on deposit||69,235||9tl 371|
|||||70,969||92,448|
||CURRENT|LIABILITIES|||||
|9|Creditors||(|5,156)||4,741|
||NET CURRENT ASSETS||||65,813|87,707|
|10|NKT ASSETS||||1,828,857|1,364,910|
||FUNDS||||||
|11|Unrestricted|capital|||1,725,717|1746,896|
|11|Unrestricted|income|||103,140|118,014|
||||||1,828,857|1,364,910|







## 

## 

## 

## 



## 

## 

||Notes formin<br>art of|the financial statements<br>for th|e<br>ear ended 5th A ril 2|021|
|---|---|---|---|---|
||||2021|2020|
|2.|Investment<br>income||||
||Dividends —UK and overseas equities||33,673|43,008|
||Dividends —UK unit trusts||2,949|2,909|
||Interest —UK and overseas fixed interest securities||5,036|3,505|
||Interest on cash deposits|||3|
||||41,658|49,425|
|3.|Cost ofgenerating<br>funds||||
||Investment<br>management<br>fees||9460|8,828|
|4.|Charitable<br>activities||||
||Grants paid:||||
||pupils at King Edward VI School<br>pupil at StSwithen's<br>School||43,854<br>4,000|31,630|
||Special needs and other grants||5,378|12,016|
||Governance<br>(note 5)||3,300|3,266|
||||56,532|46,912|
|5.|Governance||||
||Independent<br>examiners<br>fee||1,250|1/12|
||Accountancy<br>and administration<br>VAT|fees|1,583<br>467|1,595<br>459|
||||3,300|3,266|



## 

||The trustees <br>(2020:fNil)|received no remuneration<br> during the year.<br>Mr NI|received no remuneration<br> during the year.<br>Mr NI|nor received any other benefits (2020:ENil) and no expenses were reimbursed<br>Lapage was paid 6500(2020:f500)for the provision ofbookkeeping<br>services.|nor received any other benefits (2020:ENil) and no expenses were reimbursed<br>Lapage was paid 6500(2020:f500)for the provision ofbookkeeping<br>services.|nor received any other benefits (2020:ENil) and no expenses were reimbursed<br>Lapage was paid 6500(2020:f500)for the provision ofbookkeeping<br>services.|nor received any other benefits (2020:ENil) and no expenses were reimbursed<br>Lapage was paid 6500(2020:f500)for the provision ofbookkeeping<br>services.|
|---|---|---|---|---|---|---|---|
||||||2021||2020|
|7.|Investments|||||||
||Market value at 6th April<br>Acquisitions<br>at cost<br>Proceeds fiom disposals<br>Gains/(losses)<br>in the year|||(|1,2777.03<br>38,989<br>41,229)<br>488,081|(<br>(|1,603,230<br>83,533<br>72,853)<br>336,707)|
||Market value|at 5th April|||1,763,044||1777,203|
||Historical cost at 5th April||||1,102,686||1,100,039|
|8.|Debtors|||||||
||Prepayments|and accrued income|||1,734||2,077|
|9.|Creditors|||||||
||Accruals||||5,156||4,741|





## 

||No es formin<br>art ofthe financial stat|ements<br>f|or the<br>ear e|nde|d 5th A ril|202|1|
|---|---|---|---|---|---|---|---|
|10|Analysis oftotal net assets by fund||Unrestricted||Unrestricted|||
||||capital||income||Total|
||Fixed assets<br>Net current assets|1,763,044<br>7~37 327|||103,140||1,763,044<br>63 373|
||||1,725,717||103,140||1,828,857|
|11.|Outline summary<br>offunds movements||||||f|
||Fund balances brought<br>forward||1346,896||118,014||1,364,910|
||Incoming resources||||41,658||41,658|
||Outgoing<br>resources|(|9360)|(|56,532)|(|65,792)|
||Gains and losses||488,081||||488,081|
||Fund balances carried forward||1,725,717||103,140||1,828,857|