2021-08-31-accounts

Trustees			R Hardingham
			Rev N R Gallagher
			H Hume
			H McG ill
			A Musker
			KRess
			C Showell
			J van Eyssen
			M Beckett
Secretary			JAngell-Payne		BScACA DChA
Charity	number		1089801
Company		number	04259130
Registered		office	Priory Cottage
			Romford Road
			Pembury
			Kent
			TN2 4JD
Auditor			Norman Cox &Ashby
			Grosvenor Lodge
			72 Grosvenor	Road
			Tunbridge Wells
			Kent
			TN12AZ
Bankers			National Westminster			Bank pic
			High Street
			Cranbrook
			Kent TN17 3EA
			Scottish Widows		Bank	Pic
			PO Box 12757
			67 Morrison Street
			Edinburgh EH3		SYJ
			CCLA
			Senator House
			85 Queen Victoria Street
			London EC4V	4ET
Investment		advisors	Brewin Dolphin		Limited
			12Smithfield Street
			London EC1A9BD

				Page
Trustees' report				1-5
Statement oftrustees'		responsibilities
Independent auditor's		report		7-10
Consolidated statement		of financial	activities
Balance sheets				12
Statement ofcash flows
Notes to the financial	statements			15-23

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Group					2021		2020
				Notes	6		E
Fixed assets
Investments						5,579,654		4,718,468
Current assets
Investments					172,308		53,338
Cash at bank and		in	hand		85,928		230,180
					258,236		283,518
Creditors: one year	amounts		falling due within	12	(167,111)		(139,618)
Net current	assets					91,125		143,900
Total assets less		current liabilities				5,670,779		4,862,368
Creditors: more than	amounts one year		falling due after	13				(17,534)
Net assets						5,670,779		4,844,834
Capital funds Endowment funds		—general				5,654,288		4,311,729
Income funds
Restricted	funds					16,491		16,488
Unrestricted	funds							516,617
						5,670,779		4,844, 834

Company	Company				Notes	2021 E	2020 f
Fixed assets
Investments						5,579,654	4,718,468
Current assets
Investments						172,308	53,338
Cash at bank and		in	hand			85,928	230,180
						258,236	283,518
Creditors:	amounts		falling due within
one year					12	(167,111)	(139,618)
Net current	assets					91,125	143,900
Total assets less		current		liabilities		5,670,779	4,862,368
Creditors:	amounts		falling	due after
more than	one year				13		(17,534)
Net assets						5,670,779	4,844,834
Capital funds
Endowment	funds	- general				5,654,288	4,311,729
Income funds
Restricted	funds					16,491	16,4ee
Unrestricted	funds						516,617
						5,670,779	4,844,834

Group				2021		2020
			Notes	5
Cash flows from operating		activities
Cash absorbed by operations			20		(286,200)		(170,501)
Investing	activities
Investment	income received			141,948		274,161
Net cash activities	generated from investing				141,948		274,161
Net cash	used in financing	activities
Net (decrease)/increase in equivalents		cash and	cash		(144,252)		103,660
Cash and	cash equivalents	at beginning	ofyear		230,180		126,520
Cash and	cash equivalents	at end of	year		85,928		230,180

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2021 8	2021	2021	2020 6	2020f	2020 6
Investment	income	141,945		141,945	274,081		274,081
Interest receivable				3		80	80
		141,945	3	141,948	274,081	80	274,161

Analysis o	f Expenditure
			Activities
			undertaken	Support
			directly	costs	Total	Total
					2021	2020
			6	6	6	6
Expenditure	on raising funds		39,625	5,132	44,757	34,572
Grant making			128,488	16,686	145,174	119,596
Old school			2,388	3,853	6,241	6,028
Total			170,501	25,671	196,172	160,196
~n~iof	actcjtjaa.	Raising funds	Grant making	Old school
New grants	awarded		119,917		119,917	96,364
Software licenses			3,923		3,923	3,797
Insurance			1,656	504	2,160	1,879
Rent and other costs			2,992	1,884	4,876	2,875
Investment	fees	39,625			39,625	29,395
Total		39,625	128,488	2,388	170,501	134,310
Analysis ofsupport costs:
Audit and legal fees		870	2,829	653	4,352	4,000
Finance		21	68	16	105	123
Office costs		303	989	229	1,521	2,087
Staff costs		3,938	12,800	2,955	19,693	19,676
Total		5,132	16,686	3,853	25,671	25,886

GRANT MOVEME	NT	RECONCILI	ATION
			Programme	Grants to	Total	Total
			for individuals 6	organisation 6	2021f	2020
Movement
Grant liabihty brought -Within twelve months		forward:	128,883		128,883	117,658
-More than twelve	months		17,534		17,534	17,052
New grants awarded			101,669	40,649	142,318	126,080
Grants withdrawn	or refused		(22,401)		(22,401)	(29,716)
Grants paid					11000	84657
Total liability at 31	August 2021					4 41
Grant liability -Within twelve months			152,726	3,600	156,326	128,883
-More than twelve	months
Total			15		156326

2021	2020
Number	Number

Net gains/(lo	sses) on in	vestments
		Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
		funds	funds		funds	funds
			general			general
		2021	2021			2020	2020
		6	6			6	6
Revaluation	of
investments		51,900	828,269	880,169	(5,182)	(123,826)	(129,008)
Fixed asset	investments
							Listed
						investments
Cost or valuation
At 1 September 2020							4,718,468
Valuation changes							880,169
Other movements							(18,983)
At 31August	2021						5,579,654
Carrying amount At 31August 2021							5,579,654
At 31August	2020						4,718,468

10	Financial	instruments			2021	2020
						6
	Carrying amount of Instruments measured		financial assets at fair value through	profit or loss	5,751,962	4,771,806
11	Current	asset investments
					2021	2020
					6	6
	Unlisted	investments			172,308	53,338

12	Credi	tors: amounts	falling due within one year
				2021	2020
				8	8
	Grant	liability		156,326	128,883
	Other	creditors		900	1,575
	Accruals and deferred		income	9,885	9,160
				167,111	139,618
13	Creditors: amounts		falling due after more than one year
				2021	2020
				E	8
	Other	creditors			17,534

Funds
		At 31Aug and1 Sept 2020	Incoming Resources	Resources Expended	Net Gain on Assets	Transfer to Total Return	At 31Aug 2021
Unrestricted	fund:
General fund		516,617	141,945	158,103	51,900	(552,359)
Restricted	Fund:
Emma-Marie		16,488					16,491
Endowment	Funds:
Permanent Fund Trust for Investment		4,311,729		38,069	828,269	(5,101,929) 3,745,987	3,745,987
Unapplied Total Return						1,908,301	1,908,301
		4 844 834	141 948	196 192	880 169

20	Cash generated from operations	Cash generated from operations			2021 9	2020
	Surplus/(deficit) for the year				825,945	(15,043)
	Adjustments for:
	Investment income recogmsed	in statement	offinancial	activities	(141,948)	(274,161)
	Fair value gains and losses on	investments			(980,156)	107,167
	Movements in working capital:
	Increase in creditors				9,959	11,536
	Cash absorbed by operations				(286,200)	(170,501)