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||||||Page|
|---|---|---|---|---|---|
|Reference and administrative||details ofthe charity,|its trustees|and advisers||
|Chair's statement||||||
|Trustees'<br>report|||||3-12|
|Independent<br>auditors'|report||||13-16|
|Statement offinancial|activities||||17|
|Income and expenditure<br>account|||||18|
|Balance sheet|||||19|
|Statement<br>ofcash flows|||||20|
|Notes to the financial|statements||||21-49|





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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|
|||2021|2021|2021|2020|
||Note||6|f|E|
|INCOME FROM:||||||
|Donations<br>and legacies|||659,007|659,007|112,000|
|Investments||620,356|68,731|689,087|874,453|
|Charitable<br>activities||976,400||976,400|1,022,304|
|Other income||133,840||133,840|15,737|
|TOTAL INCOME||1,730,596|727,738|2,458,334|2,024,494|
|EXPENDITURE ON:||||||
|Raising funds|6|23,998|1,813|25,811||
|Other charitable<br>activities|8|1,363,546|131,212|1,494,758|1,540,602|
|TOTAL EXPENDITURE|11|1,387,544|133,025|1,520,569|1,540,602|
|NET INCONIE BEFORE INVESTMENT||||||
|GAINS / (LOSSES)||343,052|594,713|937,765|483,892|
|Net gains/(losses)<br>on investments|20|3,452,605|412,433|3,865,038|(1,968,095)|
|NET INCOME<br>/ (EXPENDITURE)||||||
|BEFORETRANSFERS||3,795,657|1,007,146|4,802,803|(1,484,203)|
|Transfers<br>between<br>Funds|25|(17,304)|17,304|||
|NET INCOME<br>/ (EXPENDITURE)||3,778,353|1,024,450|4,802,803|(1,484,203)|
|Total funds at 1 April 2020||17,369,909|2,566,933|19,936,842|21,421,045|
|TOTAL FUNDS AT 31 MARCH 2021||21,148,262|3,591,383|24,739,645|19,936,842|





## 

## 

|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds|Funds|
|||||2021|2021|2021|2020|
||||Note||f|f||
|Income||||1,730,596|727,738|2,458,334|2,024,494|
|Gains/Losses)<br>on|investments||20|3,452,605|412,433|3,865,038|(1,968,095)|
|GROSS INCOME|IN THE|REPORTING||||||
|PERIOD||||5,183,201|1,140,171|6,323,372|56,399|
|Less: Total expenditure|||11|1,387,544|133,025|1,520,569|1,540,602|
|NET INCOME<br>/ (EXPENDITURE) FOR||||||||
|THE YEAR BEFORETRANSFERS||||3,795,657|1,007,146|4,802,803|(1,484,203)|
|Transfers<br>between|Funds||25|(17,304)|17,304|||
|Net income<br>/ (expenditure)||for the year||||||
|after transfers||||3,778,353|1,024,450|4,802,803|(1,484,203)|
|NET INCOME<br>/ (EXPENDITURE) FOR||||||||
|THE FINANCIAL|YEAR|||3,778,353|1,024,450|4,802,803|(1,484,203)|





## 

||||2021|||2020|
|---|---|---|---|---|---|---|
|||Note|f|||f|
|FIXEDASSETS|||||||
|Tangible assets||17|1,610,281|1,061,909|||
|Heritage assets||18|||||
|Investment<br>property||19|2,052,000|1,900,000|||
|Total tangible assets|||3,662,281||2,961,909||
|Investments||20|23,012,353||18,079,691||
||||26,674,634||21,041,600||
|CURRENT ASSETS|||||||
|Debtors||21|809,610|916,938|||
|Cash at bank and in hand|||962,033|2,007,286|||
||||1,771,643|2,924,224|||
|CREDITORS: amounts|falling due within||||||
|one year||22|(1,051,107)|(1,315,748)|||
|NET CURRENT ASSETS|||720,536||1,608,476||
|TOTAL ASSETS LESSCURRENT LIABILITIES|||27,395,170||24,|171,886|
|CREDITORS: amounts|falling due after||||||
|more than one year||23|(2,655,525)||(2,699,058)||
|PROVISIONS FOR LIABILITIES|||||||
|Other provisions||24||||(14,176)|
|NET ASSETS|||24,739,645||19,936,842||
|CHARITY FUNDS|||||||
|Restricted funds||25|3,591,383||2,566,933||
|Unrestricted<br>funds||25|21,148,262||17,369,909||
|TOTAL FUNDS AT 31|MARCH 2021||24,739,645||19,936,842||
|he financial<br>statements|were approved|by the Trustees|on 23July 2021 and signed|on their behalf,|by:||
||||4AA||||
|r AP<br>utton (Chair)||Ms|ims||||





## 

||||||2021|2020|
|---|---|---|---|---|---|---|
|||||Note|6||
|Cash flows from operating||activities|||||
|Net cash|provided<br>by operating<br>activities|||27|777,255|563,604|
|Cash flows from investing||activities:|||||
|Proceeds|from sale offixed|assets|||83||
|Purchase|ofproperty,<br>plant|and equipment|||(602,967)|(470,693)|
|Proceeds|from sale of investments||||2,204,541||
|Purchase|ofinvestments||||(3,424,165)|(208,143)|
|Net cash|used in investing|activities|||(1,822,508)|(678,836)|
|Change|in cash and cash|equivalents|in the year||(1,045,253)|(115,232)|
|Cash and|cash equivalents|brought forward|||2,007,286|2,122,518|
|Cash and cash equivalents||carried forward||28|962,033|2,007,286|





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|.<br>INCOME FR|OM D|ONATIONS|AND LEGACIES|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|Funds|Funds|
|||||2021|2021|2021|2020|
|||||K|K|E||
|Sector 13landscaping||commuted|capital sum||659,007|659,007|112,000|
|Total donations|and legacies||||659,007|659,007|112,000|



## 

||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|Funds|Funds|
||||||2021|2021|2021|2020|
||||||6|K|K|E|
|Bank deposit interest|||||7,583|2,286|9,869|22,040|
|Investment<br>income:|||||||||
|Dowry fund|||||289,728||289,728|381,641|
|Pembroke<br>fund|||||149,482||149,482|199,085|
|Starfish Play Area fund||||||7,590|7,590|9,789|
|Community<br>Centre endowment|||fund|||4,510|4,510|6,137|
|Shark Park Play area|fund|||||1,783|1,783|2,691|
|Marine<br>Infrastructure|reserve fund||||5,649||5,649|5,038|
|SMI Medium Term reserve fund|||||10,919||10,919|10,839|
|Tadpole Play Area fund||||||1,913|1,913|2,582|
|Island Way Loop Road||endowment||fund||42,054|42,054|59,477|
|Sector 3landscaping|endowment|||fund||5,067|5,067|3,333|
|Sector 5 landscaping|endowment|||fund||852|852|899|
|Sector 13landscaping||endowment||fund||2,676|2,676|908|
|Rents from investment|properties||||156,995||156,995|169,994|
||||||620,356|68,'731|689,087|874,453|





## 

## 

|.<br>INCOME|FROM CHARITABL|E AC|TIV|ITIES|||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||Funds|Funds|Funds|Funds|
||||||2021|2021|2021|2020|
||||||K|K|K|K|
|Service charge income|||||313,832||313,832|400,816|
|Transfer from service charge advance|||payment||43,533||43,533|43,533|
|Rent charge|income||||455,528||455,528|486,450|
|Community|centre hire income||||4,679||4,679|66,163|
|Watersports|centre income||||6,644||6,644|11,101|
|Transfer from S.106watersports||advance||payment|152,184||152,184|14,241|
||||||976,400||976,400|1,022,304|



## 

|.<br>OT|HER|INCOME|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||Funds|Funds|Funds|Funds|
||||2021|2021|2021|2020|
||||K|K|K|K|
|Sundry|income||14,025||14,025|15,737|
|Grant|from|Living River Foundation|1,815||1,815||
|Grant|from|Sport England|50,000||50,000||
|Coronavirus||Business Support Grants|40,386||40,386||
|Coronavirus||Job Support Scheme|27,614||27,614||
||||133,840||133,840|15,737|





## 

## 

||||||||Unrestricted|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Funds|Funds|Funds|Funds|
|||||||||2021|2021|2021|2020|
|||||||||f|f|f|f|
|Dowry fund||||||||15,843|767|16,610||
|Pembroke|fund|||||||7,388||7,388||
|Restricted|fund||||||||1,813|1,813||
|||||||||23,231|2,580|25,811||
|The Trust's|investment||funds are||invested|into a Non-UCITS||Retail Scheme from which investment||||
|managemen|t|fees are|deducted|at source||out ofcapital.||||||
|n 2021 estimated fees deducted<br>from capital were f69,693 <br>nd f7,740(2020:f14,724) in respect of restricted funds.||||||||(2020:f66,919)in respect||ofunrestricted|funds|
|.<br>GRANTS||TO INSTITUTIONS||||||||||
||||||||Unrestricted||Restricted|Total|Total|
|||||||||Funds|Funds|Funds|Funds|
|||||||||2021|2021|2021|2020|
|||||||||f|f|f|f|
|Community||Fund expenditure||||||19,716||19,716|20,000|
|St Mary's|Island Youth Club sponsorship|||||||3,203||3,203|2,338|
|||||||||22,919||22,919|22,338|
|n 2020, of|the total of||grants to|institutions,||f22,338was|from unrestricted||funds and fNil was from||restricted|
|unds.||||||||||||
|.<br>ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES||||||||||||
||||||||Unrestricted||Restricted|Total|Total|
|||||||||Funds|Funds|Funds|Funds|
|||||||Note||2021f|2021|2021<br>f|2020<br>f|
|Activities|undertaken||directly|||9||767,549|122,471|890,020|891,573|
|Supportcosts||||||10||573.078|8,741|581,819|626,691|
|Grants to|institutions|||||7||22,919||22,919|22,338|
|||||||||1,363,546|131,212|1,494,758|1,540,602|



## 

## 



## 

## 

## 

|9.<br>DIRECT COSTS|||||
|---|---|---|---|---|
|||Activities|||
|||undertaken|Total|Total|
|||directly<br>f|2021f|2020<br>f|
|Rent charge expenditure||264,020|264,020|215,319|
|Service charge expenditure||244,515|244,515|295,169|
|Public areas expenditure||325,005|325,005|294,660|
|Community<br>centre|expenditure|51,234|51,234|77,762|
|Watersports<br>centre|expenditure|5,246|5,246|8,663|
|||890,020|890,020|891,573|
|10.SUPPORT COSTS|||||
|||Support|Total|Total|
|||costs|2021|2020|
|||f|f|f|
|Administration<br>expenses||81,510|81,510|126,234|
|Legal and professional||22,512|22,512|50,232|
|Irrecoverable<br>VAT||(6,175)|(6,175)|3,713|
|Community<br>centre||1,235|1,235|2,115|
|Trustee costs||2,021|2,021|4,962|
|Auditors<br>remuneration||9,500|9,500|13,030|
|Wages and salaries||363,179|363,179|335,656|
|National<br>insurance|contributions|32,337|32,337|31,235|
|Pension costs||17,558|17,558|16,482|
|Death<br>in service scheme||3,631|3,631|3,781|
|Depreciation||54,595|54,595|39,251|
|Profit on disposal offixed assets||(83)|(83)||
|||581,819|581,819|626,691|





## 

## 

||||Staffcosts|Depreciation|Other|Total|Total|
|---|---|---|---|---|---|---|---|
||||||costs|2021|2020|
||||||K|6|E|
|Investment|management|fees|||25,811|25,811||
|Costs ofgenerating<br>funds|||||25,811|25,811||
|Charitable|activities:|||||||
|Activities<br>undertaken<br>directly|||||890,020|890,020|891,573|
|Supporicosts|||416,705|54,595|110,519|581,819|626,691|
|Grants to institutions|||||22,919|22,919|22,338|
|Subtotal charitable<br>activities|||416,705|54,595|1,023,458|1,494,758|1,540,602|
||||416,705|54,595|1,049,269|1,520,569|1,540,602|
|2. ANALYSIS OF EXPENDITURE|||BYACTIVITIES|||||
||||Activities|||||
||||undertaken|Support|Grants to|Total|Total|
||||directly|costs|institutions|2021|2020|
|||||K|K|K|E|
|Rent charge|expenditure||264,020|201,792||465,812|432,986|
|Service charge expenditure|||244,515|130,346||374,861|468,476|
|Public areas|expenditure||325,005|123,563|19,716|468,284|445,803|
|Community|centre expenditure||51,234|62,631|3,203|117,068|144,359|
|Watersports|centre expenditure||5,246|62,087||67,333|48,978|
||||890,020|581,819|22,919|1,475,298|1,540,602|



## 



## 

## 

|his is sta|ted after charg|ing:||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||8||
|Depreciation<br>oftangible||fixed assets||54,595|39,251|
|Auditors'|remuneration|||9.500|13,030|
|Auditors'|remuneration|-non-audit|services||13,430|
|Pension|costs|||17,558|16,482|



|uring the year, n|o Trustees<br>have claimed expenses o|r had their expens|es<br>met by the T|rust (2020: 1|Trustee):|
|---|---|---|---|---|---|
|||Reimbursed|Paid|Total|Total|
|||to Trustees|Directly to<br>3"parties|||
||||2021|2021|2020|
||||8|8||
|Travel expenses|(0Trustee; 2020: 1 Trustee)||||700|
|Accommodation|costs (0Trustee; 2020: 1 Trustee)||||605|
||||||1,305|



## 



## 

|taff co|sts were as follows:|||
|---|---|---|---|
|||2021|2020|
|||8||
|Wages|and salaries|363,179|335,656|
|Social|security costs|32,337|31,235|
|Other|pension costs|17,558|16,482|
|||413,074|383,373|



|||2021|2020|
|---|---|---|---|
|||No.|No.|
|Office and management||8|g|
|The number of higher paid employees|was:|||
|||2021|2020|
|||8|f|
|In the band E60,001 - f70,000||1|2|



## 



## 

|17.TANGIBLE FIXEDA|SSETS||||||
|---|---|---|---|---|---|---|
||Freehold|Buildings|Plant and|Fixtures|Office|Total|
||property|under|machinery|and|equipment||
|||construction||fittings|||
|||6||8|||
|Cost|||||||
|At 1 April 2020|325,000|642,874|183.068|9,937|56,706|1,217,585|
|Additions|560,838||12,997|1,285|27,847|602,967|
|Disposals||||(728)|(14,608)|(15,336)|
|Transfers|642,874|(642,874)|||||
|At 31 March 2021|1,528,712||196,065|10,494|69,945|1,805,216|
|Depreciation|||||||
|At 1 April 2020|32,500||62,752|8,255|52,169|155,676|
|Disposals||||(728)|(14,608)|(15,336)|
|Charge for the year|22332||27,479|481|4,303|54,595|
|At 31 March 2021|54,832||90,231|8,008|41,864|194,935|
|Net book value|||||||
|At 31 March 2021|1,473,880||105,834|2,486|28,081|1,610,281|
|At 31 March 2020|292,500|642,874|120,316|1,682|4,537|1,061,909|



## 



## 

## 

## 

|9. INVESTMENT PROPERTY||
|---|---|
||Freehold|
||investment|
||property|
|Valuation||
|At 1 April 2020|1,900,000|
|Surplus<br>on revaluation|152,000|
|At 31 March 2021|2,052,000|



## 

## 

|0. FIXEDASSET INVESTMENTS<br>Fixed asset investments<br>at market value|comprise:|||
|---|---|---|---|
||Global|||
||Equities|2021|2020|
||K||E|
|Market value||||
|Dowry Fund|13,799,347|13,799,347|12,803,917|
|Pembroke<br>Fund|6,406,300|6,406,300|5,275,774|
|Restricted<br>Fund|2,806,706|2,806,706||
|Total market value|23,012,353|23,012,353|18,079,691|
|Historical cost||||
|Dowry Fund|11,146,828|11,146,828|12,378,559|
|Pembroke<br>Fund|5,090,606|5,090,606|5,031,523|
|Restricted<br>Fund|2,394,322|2,394,322||
|Total historical cost|18,631,756|18,631,756|17,410,082|





## 

## 

## 

|DOWRY FUND||Capital|Income|Total|Total|
|---|---|---|---|---|---|
|||Accountf|Account<br>f|2021<br>f|2020<br>f|
|Market value||||||
|At 1 April 2020||12,801,243|2,674|12,803,917|14,081,159|
|Additions/Transfers|in|410,342|367,286|777,628|746,926|
|Disposals/Transfers|out|(1,643,023)|(367,678)|(2,010,701)|(609,764)|
|Revaluations||2,228,503||2,228,503|(1,414,405)|
|At 31 March 2021||13,797,065|2,282|13,799,347|12,803,917|
|Historical cost||11,144,546|2,282|11,146,828|12,378,559|
|PEMBROKE FUND||Capital|Income|Total|Total|
|||Accountf|Accountf|2021f|2020<br>f|
|Market value||||||
|At 1 April 2020||5,274,383|1,391|5,275,774|5,784,415|
|Additions/Transfers|in|64,338|160,482|224,820|364,627|
|Disposals/Transfers|oul|(5,130)|(161,266)|(166,396)|(293,646)|
|Revaluations||1,072,102||1,072,102|(579,622)|
|At 31 March 2021||6,405,693|607|6,406,300|5,275,774|
|Historical cost||5,089,999|607|5,090,606|5,031,523|
|RESTRICTED FUND||Capital|Income|Total|Total|
|||Account|Account|2021|2020|
|||f|f|f|f|
|Market value||||||
|At 1 April 2020||||||
|Additions/Transfers|in|2,394,263|27,454|2,421,717||
|Disposals/Transfers|out|(593)|(26,851)|(27,444)||
|Revaluations||412,433||412,433||
|At 31 March 2021||2,806,103|603|2,806,706||
|Historical cost||2,393,719|603|2,394,322||





|21. DEBTORS|||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||8|E|
|Trade debtors|||||629,851|559,028|
|Other debtors|||||996|1,992|
|Other taxation<br>and|social security|||||77,220|
|Prepayments<br>and accrued||||income|178,763|278,698|
||||||809,610|916,938|
|22. CREDITORS|||||||
|Amounts<br>falling due|||within|one year|||
||||||2021|2020|
||||||6||
|Trade creditors|||||173,170|281,137|
|Other taxation and|social security||||84,575|8,910|
|Other creditors|||||21,327|25,302|
|Accruals|||||148,658|145,106|
|Deferred income|||||623,377|855,293|
||||||1,051,107|1,315,748|
|Deferred income:|||||||
|Deferred income at||1 April||2020|855,293||
|Resources deferred|||during|the year|623,377||
|Amounts<br>released|from previous years||||(855,293)||
|Deferred income at||31 March 2021|||623,377||





## 

|mounts|falling du|e after|more than one year|||
|---|---|---|---|---|---|
|||||2021|2020|
|||||f|f|
|Deferred|income:|||||
|Advance|payment|ofservice charges||2,655,525|2,699,058|
|Deferred|income:|||||
|Deferred|income at 1 April||2020|2,699,056||
|Resources deferred||during|the year|||
|Amounts|released|from previous years||(43,533)||
|Deferred|income at 31 March 2021|||2,655,525||



## 

|||Provisions|
|---|---|---|
|At 1 April|2020|14,176|
|Additions|||
|Expended|in year|(14,176)|
|At 31 March 2021|||





## 

## 

## 

|UMMARY|||||||||
|---|---|---|---|---|---|---|---|---|
||||Brought|Incoming|Resources|Transfers|Gains/|Carried|
||||Forward|Resources|Expended|in/out|(Losses)|Forward|
||||1 April|||||31 March|
||||2020f|||||2021<br>f|
|Designated||funds|4,221,046|435,113|(197,781)|42,925|1,195,219|5,696,522|
|General funds|||13,148,863|1,295,484|(1,187,184)|(60,229)|2,379,041|15,575,975|
|Unrestricted||funds (A)|17,369,909|1,730,597|(1,384,965)|(17,304)|3,574,260|21,272,497|
|Restricted|funds (B)||2,566,933|727,737|(135,604)|17,304|290,778|3,467,148|
||||19,936,842|2,458,334|(1,520,569)||3,865,038|24,739,645|
|NRESTRIC||TED FUNDS|(A)||||||
||||Brought|Incoming|Resources|Transfers|Gains/|Carried|
||||Forward|Resources|Expended||(Losses)|Forward|
||||1 April|||||31 March|
||||2020f|||||2021<br>f|
|Designated||funds|||||||
|Community||fund|2,705||(19,716)|19,716||2,705|
|Marine Infrastructure|||||||||
|reserve|||332,244|22,350|(296)||42,711|397,009|
|SMI Medium||Term|||||||
|Infrastructure||reserve|714,380|10,919|(560)|23,209|80,406|828,354|
|Pembroke|fund||||||||
|reserve|||3,071,690|193,015|(109,331)||1,072,102|4,227,476|
|Watersports||Reserve|100,027|208,829|(67,878)|||240,978|
||||4,221,046|435,113|(197,781)|42,925|1,195,219|5,696,522|
|General funds|||||||||
|Dowry Fund||reserve|12,389,994|385,889|(273,311)||2,227,041|14,729,613|
|Revaluation||reserve|42,771||||152,000|194,771|
|General reserve|||716,098|909,595|(913,873)|(60,229)||651,591|
||||13,148,863|1,295,484|(1,187,184)|(60,229)|2,379,041|15,575,975|
|Total Unrestricted|||||||||
|funds|||17,369,909|1,730,597|(1,384,965)|(17,304)|3,574,260|21,272,497|





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|6. ANAL|YSIS OF NET|ASSETS BETWEEN|FUNDS||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total||
||||funds|funds|funds|Total funds|
||||2021|2021|2021|2020|
||||6|K|K|5|
|Tangible fixed assets|||1,610,281||1,610,281|1,061,909|
|Heritage assets|||||||
|Investment|properties||2,052,000||2,052,000|1,900,000|
|Fixed asset investments|||19,420,970|3,591,383|23,012,353|18,079,691|
|Current assets|||1,771,643||1,771,643|2,924,224|
|Creditors|due within one year||(1,051,107)||(1,051,107)|(1,315,748)|
|Creditors|due after more than one year||(2,655,525)||(2,655,525)|(2,699,058)|
|Provisions|for liabilities|and charges||||(14,176)|
||||21,148,262|3,591,383|24,739,645|19,936,842|





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## 

||||||2021f|2020<br>f|
|---|---|---|---|---|---|---|
|Net income for the year (as per Statement of Financial||||Activities)|4,650,803|(1,484,203)|
|Adjustment<br>for:|||||||
|Depreciation<br>charges|||||54,595|39,251|
|(Profit)/loss<br>on sale|offixed assets||||(83)||
|(Gains)/losses<br>on investments|||||(3,713,038)|1,994,027|
|Decrease/(increase)||in debtors|||107,328|(182,200)|
|(Decrease)/increase||in creditors|||(322,350)|196,729|
|Net cash provided|by operating||activities||777,255|563,604|
|28. ANALYSIS OF CASH AND CASH EQUIVALENTS|||||||
||||||2021|2020|
||||||f|f|
|Cash at bank and in||hand|||962,033|2,007,266|
|Total|||||962,033|2,007,266|



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## 

|e<br>minimum<br>rentals payable<br>under non|-cancellable<br>operating<br>leases|are as foll|
|---|---|---|
||2021|2020|
||f|f|
|Within one year|5,120|7,625|
|In two to five years|7,334|12,454|





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|Amounts<br>paid to and|balances|owing||to Chatham|Marit|ime|Trust were as|fo|llows:|
|---|---|---|---|---|---|---|---|---|---|
||||||||2021||2020|
||||||||8||f|
|St Mary's<br>Island|rentcharges||||||110,000|160,000||
|South Maritime|service charges||||||55,232||75,718|
|Reimbursement|of professional|||fees|||||10,230|
||||||||165,232|245,948||
|Balance due at|31 March||||||116,392|179,362||
|Medway Council is|one offour|member organisations||||ofChatham<br>Maritime|||Trust a|
|Board by its nominated<br>'U' Trustees|||Cllr HO Tejan||and|Cllr|VS Maple.|||
|Amounts<br>paid by and|balances|owing||by Chatham|Maritime||Trust were as follows:|||
||||||||2021||2020|
||||||||6||E|
|Business rates|||||||||2,950|
|Balance due at|31 March||||||||1,217|
|Amounts<br>paid to and|balances|owing||to Chatham|Maritime||Trust were as follows:|||
||||||||2021||2020|
||||||||6||E|
|Covid-1 9Business support||grants|||||40,387|||
|Balance due at|31 March|||||||||





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|The carrying<br>amounts<br>ofthe charit<br>FINANCIAL ASSETS|The carrying<br>amounts<br>ofthe charit<br>FINANCIAL ASSETS|The carrying<br>amounts<br>ofthe charit<br>FINANCIAL ASSETS|The carrying<br>amounts<br>ofthe charit<br>FINANCIAL ASSETS|The carrying<br>amounts<br>ofthe charit<br>FINANCIAL ASSETS|y's<br>financial<br>instruments<br>a|y's<br>financial<br>instruments<br>a|y's<br>financial<br>instruments<br>a|re as follows:||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Measured<br>at fair value through|||||net income/expenditure|||||2021|2020|
||||||||||||f|
|Fixed asset listed investments||||||||||23,012,353|18,079,691|
|Debt instruments<br>measured||||at|amortised|cost||||2021|2021|
|||||||||||f|f|
|Trade debtors||||||||||629,851|559,028|
|FINANCIAL LIABILITIES||||||||||||
|Measured<br>at amortised||cost||||||||2021f|2020<br>f|
|Trade creditors||||||||||173,170|281,137|
|Other creditors||||||||||21,327|25,302|
|Total||||||||||194,497|306,439|
|The income, expenses,|net||gains and net losses||||attributable|to the charity's|financial|instruments<br>are||
|summarised<br>as follows:||||||||||||
|Income and expense||||||||||||
|||||||||||2021|2020|
|||||||||||f|f|
|Financial assets measured|||at|fair value through|||net income/expenditure|||669,067|874,453|





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## 

|Business support|Business support|grants||16,000|
|---|---|---|---|---|
|Cancellation|ofbusiness||rates|1,045|
|Coronavirus|Job|Support|Scheme|4,500|
|||||21,545|



## 

## 

|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||Funds|Funds|Funds|
|||2020|2020|2020|
||Note|f|f|f|
|INCOME FROM:|||||
|Donations<br>and legacies|||112,000|112,000|
|Investments||784,570|89,883|874,453|
|Charitable<br>activities||966,584|55,720|1,022,304|
|Other income||15,737||15,737|
|TOTAL INCOME||1,766,891|257,603|2,024,494|
|EXPENDITURE ON:|||||
|Raising funds|||||
|Other charitable<br>activities||1,412,718|127,884|1,540,602|
|TOTAL EXPENDITURE||1,412,718|127,884|1,540,602|
|NET INCOME BEFORE INVESTMENT|||||
|GAINS/(LOSSES)||354,173|129,719|483,892|
|Net gains/(losses)<br>on investments|20|(1,613,149)|(354,946)|(1,968,095)|
|NET INCOME/(EXPENDITURE)|||||
|BEFORETRANSFERS||(14,280)|14,280||
|Transfers<br>between<br>Funds|24|(1,273,256)|(210,947)|(1,484,203)|
|NET INCOME/(EXPENDITURE)||(1,273,256)|(210,947)|(1,484,203)|
|Total funds at 1 April 2019||18,643,165|2,777,880|21,421,045|
|TOTAL FUNDS AT 31 MARCH 2020||17,369,909|2,566,933|19,936,842|





## 

## 

|SUMMARY|||||||||
|---|---|---|---|---|---|---|---|---|
||||Brought|Incoming|Resources|Transfers|Gains/|Carried|
||||Forward|Resources|Expended|in/out|(Losses)|Forward|
||||1 April|||||31 March|
||||2018|||||2020|
||||8|||||E|
|Designated||funds|4,254,486|459,131|(154,484)|3,423|116,522|4,679,078|
|General funds|||13,774,341|1,378,222|(1,384,011)|(17,647)|213,182|13,964,087|
|Unrestricted||funds (A)|18,028,827|1,837,353|(1,538,495)|(14,224)|329,704|18,643,165|
|Restricted|funds (B)||2,453,018|375,241|(110,623)|14,224|46,020|2,777,880|
||||20,481,845|2,212,594|(1,649,118)||375,724|21,421,045|
|(A)<br>UNRESTRICTED|||FUNDS||||||
||||Brought|Incoming|Resources|Transfers|Gains/|Carried|
||||Forward|Resources|Expended||(Losses)|Forward|
||||1 April|||||31 March|
||||2018|||||2020|
|||||||||8|
|Designated||funds|||||||
|Community||fund|4,722||(18,722)|17,547||3,647|
|Marine Infrastructure|||||||||
|reserve|||300,056|24,123|||2,710|326,889|
|SMI Medium||Term|||||||
|Infrastructure||reserve|652,724|38,550|||5,823|697,097|
|Pembroke|fund||||||||
|reserve|||3,296,984|239,083|(102,050)|(14,224)|107,989|3,527,782|
|Watersports||Reserve||157,375|(33,712)|||123,663|
||||4,254,486|459,131|(154,484)|3,423|116,522|4,679,078|
|General funds|||||||||
|Dowry Fund||reserve|12,835,364|513,747|(449,821)||213,182|13,112,472|
|Revaluation||reserve|42,771|||||42,771|





## 

|A co|mpany<br>limited|by guarantee)||||||
|---|---|---|---|---|---|---|---|
|Profit|&Loss A/c|896,206|864,475|(934,190)|(17,847)||808,844|
|||13,'774,341|1,378,222|(1,384,011)|(17,647)|213,182|13,964,087|
|Total|Unrestricted|||||||
|funds||18,028,827|1,837,353|(1,538,495)|(14,224)|329,704|18,643,165|



## 

||||Brought|Incoming|Resources|Transfers|Gains/|Carried|
|---|---|---|---|---|---|---|---|---|
||||Forward|Resources|Expended||(Losses)|Forward|
||||1 April|||||31 March|
||||2020|||||2021|
||||6|||||5|
|Restricted|funds||||||||
|Starfish Play||Area|290,946|9,329|(4,002)||5,360|301,653|
|Tadpole Play||Area|60,047|2,660|(2,256)||1,471|61,922|
|Community|centre||||||||
|endowment|||180,180|6,134|(8,741)||3,524|181,097|
|Shark Park|Play Area||53,506|3,094|(9,764)||1,665|48,501|
|SOS Reserve||Fund|141,137|58,469||14,224||213,830|
|Leviathan<br>Way/|||||||||
|Western Ave|||||||||
|Landscaping||Reserve|64,400||(4,800)|||59,600|
|Island Way|Loop||||||||
|Road fund|||1,662,802|59,930|(67,750)||34,100|1,889,082|
|Sector 3 Landscaping|||||||||
|Reserve||||208,659|(13,310)||388|195,737|
|Sector 5 Landscaping|||||||||
|Reserve||||26,966|||(508)|26,458|
|Total Restricted|||||||||
|funds|||2,453,018|375,241|(110,623)|14,224|46,020|2,777,880|