|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| ## ## ##