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Royal Academy Trust
Trustees. Report
The tnJst8es are TeskX)nsit4e lor keqmng prD￿ recrwds ttpt dBclose wih ￿#Sonable accuracy at any
time the financial p0s￿On of the charity and enab￿ thwn to erk5ure that the financia ststements cA)mply wth the
Ch8rities Act 2011, the Chartty IA(xounts and Reports} Regulations 2LN)8 and Ihe rxowsKJns of the trust deed. They
ar8 also r8sp0nsi￿e for saleguaftling th8 awts of the thanty and her￿ for tskn.ng reasonatAe st8p8 for the
p￿vention and detechon of fraud and oth•r irr8gulaiilEs.
Audit infomiatbon
So tsr 8$ each of Ihe trustees atthe th9 tW3tees' rep)rt is approved ts awarn..
th8rg 18 no relevant infonnats.on ol whth the 8t￿[[0[5 are unaware.. and
th6y have taken all relevant steps th&y ought to ha￿ takén tt) rThake Ihgmsefves a￿r8 of any rèl8v8fit
a￿￿1t infom)ation and to establish Ih81 the auditors are aware ol that information.
On bghalf ol th• Board
yn•rs.
Page.. 8

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Royal Academy Trust
Balance Sheet as at 31 August 2020
2020
2019
Flxgd assets
Investsments
4Q333.75T
44,492,798
Current assets
Oeblors
Cash al bank and in harKI
12
185,884
$98,938
274,556
1,871.699
Total curr•nt ass¢ts
784.822
2.146.255
Llabllltlos
Creditors- amounts falling due V*ilhin Me year
13
452,316
84,8841
Net Current assets
332,506
2.061,371
148t assets
46,666.263
46,554,169
Th& funds of th• charty.
Endowment fvrtds
16
19.551.363
19.332.707
Restricted funds
17
tO.537.64f
11.223.043
Unrestricted funds..
Designate(I
Other
18
5.261
11,31{565
5,122,016
10.878,403
Total unrestricted funds
16.577.2S9
15,998,419
Total Charity funds
46.666.263
46,554,169
Approve(J by th8 Tnjstees arKI autFbyis&J for issue cffi ...cl." 1z.lo
Lady MJm8rs, c￿1r
Page.. 73

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