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2022-03-31-accounts

Contents ofthe Financial Statements
for the Period
1 A		 ril 2021 to 30March 2022
Page
Report ofthe Trustees 1 to 6
Report ofthe Independent
Auditors		 7 lo 8
Statement ofFinancial Activities
Balance Sheet 10
Cash Flow Statement
Notes to the Cash Flow Statement 12
Notes to the Financial Statements 13 to 20

for t he Period
1 A		 ril 2021 to 30M arch 2022
Period
1.4.21
to Year Ended
30.3.22 31.3.21
Unrestricted Restricted Endowment Total Total
fund fund fund funds funds
Notes E F
INCOME AND ENDOWMENTS
FROM
Donations
and legacies		 2 202,405 25,973 2,460,438 2,688,816 64,772
Other trading
activities		 17,110 17,110 8,863
Investment
income		 6 32,775 32,781 36
Other income 150 150 50
Total 219,671 25,973 2,493,213 2,738,857 73,721
EXPENDITURE ON
Charitable
activities
Preserving
and maintaining		 Fort
Amhe rat 168,100 20,473 188,573 57,918
Other 24,985 24,985 30,005
Total 193,085 20,473 213,558 87,923
Net gains/(losses) on
investments (100) 40,082 39,982
NET INCOME/(EXPENDITURE) 26,486 5,500 2,533,295 2,565,281 (14,202)
Other recognised
gains/(losses)
Gains on revaluation offixed
assets 190,760 45,000 235,760 54,261
Net movement
in		 funds 26,486 196,260 2,578,295 2,801,041 40,059
RECONCILIATION OF FUNDS
Total funds brought forward 103,180 2,178,384 2,281,564 2,241,505
TOTAL FUNDS CARRIED
FORWARD 129,666 2,374,644 2,578,295 5,082,605 2,281,564

2022 2021
Unrestricted Restricted Endowment Total Total
fund fund fund funds funds
Notes f. F E 6
FIXEDASSETS
Tangible assets 11 7,211 12,806 20,017 16,459
Heritage assets 12 2,367,976 45,000 2,412,976 2,177,216
Investments 13 201 2,480,518 2,480,719 301
7,412 2,380,782 2,525,518 4,913,712 2,193,976
CURRENT ASSETS
Debtors 14 56,287 56,287 33,890
Cash at bank and in hand 91,421 32,799 52,777 176,997 102,620
147,708 32,799 52,777 233,284 136,510
CREDITORS
Amounts
falling due within one
year 15 (25,454) (30,834) (56,288) (40,499)
NET CURRENT ASSETS 122,254 1,965 52,777 176,996 96,011
TOTAL ASSETS LESS
CURRENT LIABILITIES 129,666 2,382,747 2,578,295 5,090,708 2,289,987
CREDITORS
Amounts
falling due after more
than one year 16 (8,103) (8,103) (8,423)
NET ASSETS 129,666 2,374,644 2,578,295 5,082,605 2,281,564
FUNDS 17
Unrestricted
funds		 129,666 103,180
Restricted
funds		 2,374,644 2,178,384
Endowment
funds		 2,578,295
TOTAL FUNDS 5,082,605 2,281,564

Cash Cash Flow Statement
for the Period 1 A ril 2021 to 30 March 2022
Period
1.4.21
to Year Ended
30.3.22 31.3.21
Notes F
Cash flows from operating activities
Cash generated
from operations		 1 (437) 10,162
Net cash (used in)/provided by operating activities (437) 10,162
Cash flows from investing activities
Purchase
oftangible
fixed assets		 (10,744) (7,912)
Purchase offixed asset investments (2,480,518)
Sale offixed asset investments 40,182
Sale ofinvestment property (100)
Interest received 6
Dividends
received		 32,775
Net cash used
in investing		 activities (2,418,399) (7,876)
Cash flows from financing activities
Income attributable to endowment 2,493,213
Net cash provided by financing
activities		 2,493,213
Change
In cash and cash		 equivalents In
the reporting
period		 74,377 2,286
Cash and cash equivalents
at the
beginning
ofthe		 reporting period 102,620 100,334
Cash and cash equivalents
at the end		 of
the reporting
period		 176,997 102,620

RECONCILIATION
ACTIVlllES		 OF NE T I NCOME/(EXPE NDITURE)
TO NET		 CASH FLOW F ROM OPERATIN G
Period
1.4.21
to Year Ended
30.3.22
f		 31.3.21
f
Net Income/(expenditure) for the reporting period (as per the
Statement ofFinancial Activities) 2,565,281 (14,202)
Adjustments
for:
Depreciation
charges		 7,186 6,296
Losses on investments (39,982)
Interest received (6) (36)
Dividends
received		 (32,775)
Income attributable to endowment (2,493,213)
(Increase)/decrease in debtors (22,397) 3,139
Increase
in creditors		 15,469 14,965
Net cash (used ln)/provided by operations (437) 10,162
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.21
f		 Cash flow
f		 At 30.3.22
f
Net cash
Cash at bank and in hand 102,620 74,377 176,997
102,620 74,377 176,997
Total 102,620 74,377 176,997

2. DONATIO N S
AND LEGACIES
Period
1.4.21
to Year Ended
30.03.22 31.03.21
F
Donations 2,531,733 450
Gift aid 111,444 19,102
Grants 45639 45 220
2688816 64 772
Grants include Period
1.4.21
to Year Ended
30.03.22 31.03.21
CJRS 11,241
Kent Community
Medway
Council		 5,000
21,051
Medway Council restart 8,000
S106Kitchener 9,000
Architectural Heritage 10,003
Cannon Carriage works 5,500
Other small grants 13136 7928
45639 45 220
3. OTHER TRADING ACTIVITIES
Period
1.4.21
to Year Ended
30.3.22 31.3.21
f
Hiring 14,205 7,413
Paranormal 2,905 1,450
17,110 8,863
4. INVESTMENT INCOME
Period
1.4.21
to Year Ended
30.3.22 31.3.21
E
Other Sxed asset invest - FII 32,775
Deposit account interest 6 36
32,781

Support
Direct costs (see
Costs note 6) Totals
E F
Preserving and maintaining Fort
Amherst 155,550 33,023 188,573
SUPPORT COSTS
Information Human
Finance technology resources
F E E.
Other resources expended 20 778 803
Preserving and maintaining Fort Amherst 15,514
15,534 778
Governance
Other costs Totals
F f E
Other resources expended 7 14,298 15,906
Preserving and maintaining Fort Amherst 17,509 33,023
31,807 48,929
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated aRer charging/(crediting):
Period
1.4.21
to Year Ended
30.3.22 31.3.21
Auditors' remuneration 3,000
Depreciation -owned assets 7,186 6,296
Hire ofplant and machinery 3,720 780

Period
1.4.21
to Year Ended
30.3.22 31.3.21
E F
Wages and salaries 5,359 17,744
5,359 17,744

The average
monthly
number of		 emp loyees
du		 ring the period was as follows:
Period
1.4.21
to Year Ended
30.3.22 31.3.21
General
administration		 1 1
No employees
received emoluments		 in excess ofE60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Endowment Total
fund fund fund funds
f. F E
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 58,157 6,615 64,772
Other trading
activities		 8,863 8,863
Investment
income		 36 36
Other income 50 50
Total 67,106 6,615 73,721
EXPENDITURE ON
Charitable
activities
Preserving
and maintaining
Fort Amherst		 51,177 6,741 57,918
Other 30,005 30,005
Total 81,182 6,741 87,923
NET INCOME/(EXPENDITURE) (14,076) (126) (14,202)
Other recognised
gains/(losses)
Gains on revaluation
offixed assets		 54,261 54,261
Net movement
in funds		 (14,076) 54,135 40,059
RECONCILIATION
OF FUNDS
Total funds brought
forward		 117,256 2,124,249 2,241,505
TOTAL FUNDS CARRIED FORWARD 103,180 2,178,384 2,281,564

TANGIBLE FIXEDASSETS
Plant and
machinery
F
COST
At 1 April 2021 79,821
Additions 10,744
At 30 March 2022 90,565
DEPRECIATION
At 1 April 2021 63,362
Charge for year 7,186
At 30March 2022 70,548
NET BOOK VALUE
At 30March 2022 20,017
At 31 March 2021 16,459
HERITAGE ASSETS
Total
F
MARKET VALUE
At 1 April 2021 2,177,216
Revaluations 235,760
At 30 March 2022 2,412,976
NET BOOK VALUE
At 30 March 2022 2,412,976
At 31 March 2021 2,177,216

FIXEDASSET INVESTMENTS
Shares
in
group Listed
undertakings investments Totals
F E F.
MARKET VALUE
At 1 April 2021 301 301
Additions 2,480,518 2,480,518
Disposals (100) (100)
At 30 March 2022 201 2,480,518 2,480,719
NET BOOK VALUE
At 30 March 2022 201 2,480,518 2,480,719
At 31 March 2021 301

Fort Amherst Limited Limited
Registered
office: Fort Amherst,		 Dock Road, Chatham, Kent ME4 4UB
Nature of business: Trading activities at Fort Amherst site.
Class ofshare holding
Ordinary 100
31.3.22 31.3.21
f f
Aggregate
capital and reserves		 280 280
Fort Amherst Events 8 Weddings Limited
Registered
office: Fort Amherst,		 Dock Road, Chatham, Kent ME4 4UB
Nature ofbusiness: Trading activities at Fort Amherst site.
0/
Class ofshare holding
Ordinary 100
31.3.22 31.3.21
f f
Aggregate
capital and reserves		 47 (698)
Profit/(loss)
for		 the year 745 (698)
Fort Amherst Halloween Limited
Registered
office: Fort Amherst,		 Dock Road, Chatham, Kent ME4 4UB
Nature of business: Trading activities at Fort Amherst site.
0/
Class ofshare holding
Ordinary 100
31.3,22
f		 31.3.21
Aggregate
capital and reserves		 100 (2,108)
Profit/(loss)
for		 the year 2,208 (2,106)
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
f f
Trade debtors 7,115 1,921
Amounts
owed		 by group undertakings 26,752 29,298
Other debtors 170
Accrued income 20,000
Prepayments 2,420 2,501
56,287 33,890

for the Period
1 A
ril 2021 to 30		 for the Period
1 A
ril 2021 to 30		 for the Period
1 A
ril 2021 to 30		 for the Period
1 A
ril 2021 to 30		 March 2022
CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE YEAR
2022 2021
E
Trade creditors 11,108 4,665
Social security and other taxes 117
Other creditors 400
Deferred income 4,350 7,860
Accrued expenses
Deferred grants		 9,879
30,834		 3,038
24,536
56,288 40,499
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022
E		 2021
f
Deferred grants 8,103 8,423
MOVEMENT
IN FUNDS
Net
movement At
At 1.4.21 in funds 30.3.22
E E f
Unrestricted
funds
General fund 103,180 26,486 129,666
Restricted funds
Restricted 2,178,384 196,260 2,374,644
Endowment
funds
Mid Kent College 2,578,295 2,578,295
TOTAL FUNDS 2,281,564 2,801,041 5,082,605
Net movement
in funds,		 included in the above are as follows:
Incoming Resources Gains and Movement
resoul ces expended losses
E		 in funds
f
Unrestricted
funds
General fund 219,671 (193,085) (100) 26,486
Restricted funds
Restricted 25,973 (20,473) 190,760 196,260
Endowmentfunds
Mid Kent College 2,493,213 85,082 2,578,295
TOTAL FUNDS 2,738,857 (213,558) 275,742 2,801,041

Comparatlves for moveme nt
in funds
Net
movement At
At 1.4.20 in funds 31.3.21
f f
Unrestricted funds
General fund 117,256 (14,076) 103,180
Restricted funds
Restricted 2,124,249 54,135 2,178,384
TOTAL FUNDS 2,241,505 40,059 2,281,564
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources
f		 expended
f		 losses
f		 in funds
f
Unrestricted funds
General
fund		 67,106 (81,182) (14,076)
Restricted funds
Restricted 6,615 (6,741) 54,261 54,135
TOTAL FUNDS 73,721 (87,923) 54,261 40,059