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2021-12-31-accounts

Page
Reference and administrative details ofthe Charity, its Trustees and advisers
Trustees'
report		 2-9
Independent
examiner's
report		 10
Statement offinancial activities
Balance sheet 12
Notes to the financial statements 13-23
Trustees Paul Oldham, Chairman Chairman and and Settlor (appointed 21 October 1995)
Michael Ocock (appointed 21 October 1995,deceased 14 February 2022)
Judy Moore (appointed 16June 2013)
Steven Songhurst
(appointed		 16June 2013)
Peter Coulling (appointed 14 September 2021)
Charity registered
number 1050734
Registered address 2 Pembury
Gardens
Maidstone
Kent
ME16 8AR
Clerk Neil Harris (appointed 1 October 2021)
Independent Examiner Duncan Cochrane-Dyet BSc BFP FCA
MHA Maclntyre Hudson
Victoria Court
17-21Ashford Road
Maidstone
Kent
ME14 5DA
Bankers National
Westminster		 Bank pic
3 High Street
Maidstone
Kent
ME14 1XU

Unrestricted Total Total
funds funds funds
2021 2021 2020
Note E F
Income from:
Donations
and legacies		 105,025 105,025 104,120
Investments 132,807 132,807 93,659
Total income 237,832 237,832 197,779
Expenditure
on:
Charitable
activities		 212,099 212,099 12,264
Total expenditure 212,099 212,099 12,264
Net income before net gains on investments 25„733 25,733 185,515
Net gains on investments 747,513 747,513 1,279,654
Net movement
in funds		 773,246 773,246 1,465,169
Reconciliation
offunds:
Total funds brought
forward		 6,595,131 6,595,131 5,129,962
Net movement
in funds		 773,246 773,246 1,465,169
Total funds carried forward 7,368,377 7,368,377 6,595,131

Unrestricted Total Total
funds funds funds
2021 2021 2020
F E
Donations 105,025 105,025 104,120
Total 2020 104,120 104,120

Unrestricted Total Total
funds funds funds
2021 2021 2020
f. E
Investment income - dividends 132,807 132,807 93,659
Total 2020 93,659 93,659

Grants to Total Total
Institutions funds funds
2021 2021 2020
F F
Grants 205,900 205,900 6,987
Total 2020 6,987 6,987
2021 2020
E E
Grants to Institutions
The Canterbury
Archaeologist		 Trust 3,500
Boughton
Malherbe		 Late Bronze Age Hoard 1,200
Medway Valley Project 2,287
Holmesdale School, Snodland (STEM Enrichment Day) 2,000
Holmesdale School, Snodland (Outside Amphitheatre) 60,000
Maidstone Grammar School for Girls (WW2 Visitor Centre) 17,500
Maidstone Grammar School for Girls (Careers and Apprentice Fair) 2,500
Aylesford
and Eccles		 Project - framing of historical pictures of Aylesford
Priory 400
Teston Village Hall 6,750
Rochester Cathedral (restoration of Bishop's Gate) 2,000
Wadham
College, Oxford		 10,000
Romano
British Villa		 and Anglo Saxon Cemetery 1,500
Eccles Book Launch 3,250
Maidstone Borough Council (new archaeological gallery) 100,000
205,900 6,987
2021 2020
f.
Grants
by type
The promotion ofeducation
in the Maidstone		 area generally 82,000
The provision offinancial assistance towards the maintenance and
development ofWadham
College, Oxford		 10,000
The community
and individual
inhabitants
ofthe Parishes of Barming and
Teston 6,750
The promotion and development
ofthe study		 ofthe archaeology and history
ofthe Historic County of Kent and ofplaces and people within the County 105,150 6,987
The preservation,
protection
and improvement		 for the public benefit of
historic buildings,
churches
and graveyards
in the Historic County of Kent		 2,000
205,900 6,987

Unrestricted Total Total
funds funds funds
2021f 2021
E		 2020
Charitable activities 212,099 212,099 12,264
Total 2020 12,264 12,264

Grant
funding
of		 Support Total Total
activities costs funds funds
2021 2021 2021 2020
E
Charitable activities 205,900 6,199 212,099 12,264
Total 2020 6,987 5,277 12,264

Total Total
Activities funds funds
2021 2021 2020
E f.
Administrative charge 25 25 23
Governance costs 6,174 6,174 5,254
Total 2021 6,199 6,199 5,277
Total 2020 5,277 5,277
8. Governance costs
2021f 2020
E
independent examiner's fees 5,094 5,254
Clerk's fees 1,080
6,174 5,254
9. Independent examiner's remuneration
2021 2020f
Fees payable to the Charity's independent examiner Iauditors in respect of:
The preparation
of Charity's		 annual accounts and annual return 3,108 2,916
Independent examination 1,284 1,200
Taxation compliance services 462 462
All other services not included above 240 676

Listed Unlisted
investments investments Total
E
Cost or valuation
At 1 January 2021 5,973,371 450,024 6,423,395
Additions 514,916 10,000 524,916
Disposals (396,586) (396,586)
Revaluations 745,513 2,000 747,513
At 31 December 2021 6,837,214 462,024 7,299,238
Net book value
At 31 December 2021 6,837,214 462,024 7,299,238
At 31December 2020 5,973,371 450,024 6,423,395
All the fixed asset investments are held in the UK.

2021 2020
Due within one year
Prepayments and accrued income 4,086 3,952
Tax recoverable 621 515
4,707 4,467

2021 2020
F
Accruals and deferred income 4,140 3,870
Grants accrued - institutional 194,003 28,500
198,143 32,370

2021 2020
F
Financial assets
Financial assets measured at fair value through income and expenditure 7,299,238 6,423,395

Balance at
Balance at 1 31
January Gains/ December
2021 Income Expendituref (Losses)
f.		 2021f
Unrestricted funds
General Funds - all funds 6,595,131 237„832 (212,099) 747,513 7,368,377
Statement of funds - prior year
Balance at
Balance at 31
1January Gains/ December
2020 Income Expenditure (Losses) 2020
E E
Unrestricted funds
General Funds - all funds 5,129,962 197,779 (12,264) 1,279,654 6,595,131

Unrestricted Total
funds funds
2021f 2021
f.
Fixed asset investments 7,299,238 7,299,238
Current assets 267,282 267,282
Creditors due within one year (198,143) (198,143)
Total 7,368,377 7,368,377

Analysis
of net assets between funds -prior year
Unrestricted Total
funds funds
2020 2020
E
Fixed asset investments 6,423,395 6,423,395
Current assets 204,106 204,106
Creditors due within one year (32,370) (32,370)
Total 6,595,131 6,595,131