## 

# 

## 

## 



## 

|Structure,|Structure,|Governance<br>and Management|Governance<br>and Management|3to 6|
|---|---|---|---|---|
|Trustees'||report||7to18|
|Trustees'||responsibilities|in relation to the financial statements|19|
|Auditor's||report||20to 23|
|Audited|annual accounts|||24to 44|





## 

## 

## 

## 



## 

|Professional<br>advisors 8|agents||||
|---|---|---|---|---|
|Auditors|Bankers|Asset|Mana|ers|
|Griffin Stone Moscrop &Co<br>21-27 Lamb's Conduit Street|HSBC<br>69Pall Mall|Brewin Dolphin<br>2"'Floor|||
|London WC1N 3GS|London SW1Y5EY|5 Callaghan|Square||
|||Cardiff CF10SBT|||
||NATWEST||||
||9~ Floor, Bishopsgate||||
||London EC2M 4RB||||
|IT/IS Consultants|Insurance<br>Consultants|HR Consultants|||
|Tier One<br>Admiral<br>House|Marsh Commercial<br>1"Floor Gail House|WorkNest<br>PO 1051|||
|Fleet|Lower Stone Street|Horsham|||
|Gu51 4YA|Maidstone<br>ME156NB|West Sussex RH12||9WN|
||Gallagher||||
||7<br>Floor||||
||Temple Point||||
||1 Temple Row||||
||Birmingham<br>B25LG||||



## 



## 



## 



## 

## 

||E7,346,963|f10,360,933|E3,99b,845|E10,597,580|
|---|---|---|---|---|
|to|local charitable|to beneficiaries of|to Campden|to beneficiaries of|
||organisations|pension age|scholars &other|working age|
||||young people||





## 



## 

## 

## 

## 

## 

## 



## 

## 

## 



## 

## 



## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 



## 




|REFERRALS|||||
|---|---|---|---|---|
|AN-NISA Society||||1,500|
|Avondale<br>Park School||||4,500|
|Baraka Community<br>Association||||6,000|
|Clement James Centre||||4,500|
|Colville Primary School||||4,500|
|Dadihiye<br>Somali Development||||3,000|
|Evolve Housing<br>and Support||||4,000|
|Field Lane Foundation||||5,500|
|Hestia Housing||||21,500|
|Home Start Westminster||||1,000|
|Kensington<br>&Chelsea CAB||||10,500|
|Kensington<br>&Chelsea Foodbank||||1,500|
|Kids On The Green||||1,500|
|Latimer Community<br>Art|Therapy|||3,000|
|Look Ahead Housing<br>&Care||||3,000|
|MINDS United<br>Football|Club|||3,000|
|Mongolian<br>Community|Organisation|||7,500|
|MO1YOUTHS Limited||||1,500|
|North Kensington<br>Hearts & Minds CIC||||1,500|
|Octavia Foundation||||1,500|
|Response<br>Community|Projects|||1,500|
|Richmond<br>Fellowship||||1,500|
|Salvation<br>Army Housing|Association|||9,000|
|SMART (St Mary Abbots Rehabilitation<br>training)|||and|3,000|
|Solidarity Sports||||1,500|
|The Learning<br>Club Community||Association||3,000|
|The Space||||1,000|
|UnityGrove<br>C.I.C.||||1,500|
|Women's<br>Pioneer||||1,000|
|||||113,550|





## 

|||||15/16|16/12|12/16||16/19|16/19|16/19||'|||19/20|19/20|20/21|21/22|~<br>Cumulative|~<br>Cumulative||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||||||||Totals||
||||||||||1|~|~|||1|~|||||||
|||Individuals<br>who me<br>basic criteria<br>Initial home visits||||||||||||||422~<br>509~||449<br>261|'.|3,011<br>1<br>2,054,||
|||Other home|visits|||||||||||||367||341,'||2.472|1|
|||No, ofgrants||||||||||||||526||346|',,|3,029||
|||awarded to|new|||||||||||||||||||
|||beneficiaries||||||||||||||||||||
|||No. ofnew|||||||.268|||||||287||250|'|1,845|I|
|||applicants<br>awarded||||||||||||||||||||
|||a grant||||||||||||||||||||
|||*Sustaining||||||||||||||||58|l|438|I|
|||Employment||||||||||||||||||||
|||*Employment||||-~v91v|—||-102-:|||||||73||73||528|I<br>l|
|||Routes||||||||||||||||||||
|||*Campden||||||||||||||32||7||176|~|
|||Scholarship<br>*Gateways|—unable|||14-|=-.||-' 74|||||||65~||37|'|468|l|
|||to work||||||||||||||||||||
|||*Gateways—||||||||20||||||||||81|l|
|||preparing to work||||||||||||||||||||
|||*Young People' s||||||||||||||45||62|1|166||
|||Grant Programme||||||||||||||||||||
|||||||~|t|~|1||||t|||||||||
|||Individuals||||9|.=-|'<br>=|136-|||||||182||99|.|851|I|
||||||||||||||||||||t|||
|||supported|into|||||||||||||||||||
|I||training/study||||||||||||||||||||
|||Individuals||||-'4'|-||.'|45||||||75||38|.'|357|i|
|||completing||||||||||||||||||||
|||training/study||||||||||||||||||||
|||Individuals||||t2+|-,—.|||12||||||19||9|I|107|I|
|||supported|into|||||||||||||||||||
|||voluntary<br>work||||||||||||||||||||
||||||||||||||||~|t||||||
|||New Scholars||||||||35||||||||30:.||258|I|
|||Students who||||||||||||||||||35|i|
||||||||||||||||||||||l|
||I|progressed|to the|||||||||||||||||||
|||Scholarship||||||||||||||||||||
|||Programme|from||||||||||||||||||I|
|||YPG||||||||||||||||||||
||L|||||||||||||||||||||
||i|Continuing|Scholars|||||||27||-'||||27||69|"|297|l|
||||||||||||||||||||||I|
|||Scholars who||||||||||||||19||24|':|151||
||||||||||||||||||||||]|
|||graduated||||||||||||||||||||





||15/16|16/17|17/18|||18/19|18/19|';|||19/20|20/21|21/22|'|Cumulative|I||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||||Totals|||
|||||~|~|~|||4||I<br>~|4||||||
|New Students|||||||||||49||64||177|I||
|Continuing<br>Students|||||||||||||42|||||
|Progressed to|||||||||||||16,<br>'|||||
|Scholarship||||||||||||||||||
|Programme||||||||||||||||||
||||||~|~||||||||||||
|||||||||||||||'||||
|Actively looking for|4 ~||03 ..-,:==..=,.||||:.-'109|.,|||148||139|||||
|work||||||||||||||||||
|Gained employment<br>Progressed<br>within|||6'|~<br>~<br>'.81="<br> .,:;:.<br>---.':=:-;--;--:37=,||||||~|~ S2~<br>42~||47 <br>21|'<br>-'|406<br>289|||
|the programme<br>Achieved<br>sustainable|||||||||||24~||7||72||I|
|employment||||||||||||||||||
|Progressed<br>within|||||||||||84||41|':|S22.|||
|the programme|||||||||||||||||I|
|Grants approved|||;" 41.|-"' '--:|||2i088|=-|||2,292||1,785|'|14,099|||
|Individuals<br>receiving|||406.|':.=='-. - =1,183 =.|||||||1,218||1,244||8,497|||
|a grant||||||||||||||||||
|Total amount||||||,669,106||—,||f1,912,437|||f1,600,478:||f11,034,34?|||





## 



## 

## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 



## 



## 

||||||Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|2022|2021|
|||||Note||||F|
|Income and endowments||from:|||||||
|Donations<br>and legacies||||||||14|
|Charitable<br>activities|||||43,976||43,976|93,043|
|Investments||||||3,356,038|3,356,038|2,951,156|
|Other|||||5,932||5,932|4,351|
|Total income and endowments|||||49,908|3,356,038|3,405,946|3,048,564|
|Expenditure<br>on:|||||||||
|Raising funds|||||||||
|Investment<br>management|||costs|7||801,565|801,565|740,217|
|Charitable<br>activities||||8|2,675,534||2,675,534|2,350,326|
|Other costs||||9|303,510||303,510|308,639|
|Total resources expended|||||2,979,044|801,565|3,780,609|3,399,182|
|Net income/(expenditure)<br>before<br>other recognised<br>gains and losses|||||(2,929,136)|2,554,473|(374,663)|(350,618)|
|Net gains/(losses)<br>on investments||||13||7,702,819|7,702,819|12,449,857|
|Net income/(expenditure)|||||(2,929,136)|10,257,292|7,328,156|12,099,239|
|Transfer between funds||||15|2,554,473|(2,554,473)|||
|Other recognised<br>gains/(losses):|||||||||
|Gains/(losses)<br>on revaluation|||of||||||
|operating<br>premises|||||||||
|Net movement<br>in funds|||||(374,663)|7,702,819|7,328,156|12,099,239|
|Reconciliation<br>offunds:|||||||||
|Total funds brought<br>forward|||||1,209,101|160,718,825|161,927,926|149,828,687|
|Total funds carried forward|||||834,438|168,421,644|169,256,082|161,927,926|





## 




## 

|||2022f||2021|
|---|---|---|---|---|
|Cash flows from operating<br>activities:<br>Net cash usedin<br>operating<br>activities||(3,587,046)||(3,203,716)|
|Cash flows from investing<br>activities:|||||
|Dividends,<br>interest and rents from|||||
|investments|3,166,821||3,019,297||
|Purchase<br>of property,<br>plant and equipment<br>Proceeds from sale of investments|(14,816)<br>38,577,767||(20,624)<br>18,087,085||
|Purchase<br>of investments|(38,905,618)||(17,099,134)||
|Net cash provided<br>by investing<br>activities||2,824,154||3,986,624|
|Cash flows from financing<br>activities:|||||
|Net cash provided<br>by (used in)|||||
|financing<br>activities|||||
|Change in cash equivalents<br>in the||(762,892)||782,908|
|period<br>Cash and cash equivalents<br>at 1April||2,040,016||1,257,108|
|2020|||||
|Cash and cash equivalents<br>at31March<br>2021||1,277,124||2,040,016|
|Reconciliation<br>ofcash flows from|||||
|operating<br>activities<br>Net incomel(expenditure)<br>for the year||7,328,156||12,099,239|
|Adjust for:<br>Depreciation<br>charges<br>(Gains)/losses<br>on investments||9,524<br>(7,702,819)||7,093<br>(12,449,857)|
|Dividends,<br>interest and rents from<br>investments||(3,356,038)||(2,951,156)|
|Loss/(profit)<br>on sale offixed assets<br>(Increase)/decrease<br>in debtors<br>Increase/(decrease)<br>in creditors||127,563<br>6,568||14,500<br>16,047<br>60,418|
|Net cash usedin operating<br>activities||(3,587,046)||(3,203,716)|
|Analysis ofcash and cash equivalents<br>Cash in hand||66,640||207,389|
|Overdrafts|||||
|Cash equivalents<br>on deposits||1,210,484||1,832,627|
|Total cash and cash equivalents||1,277,124||2,040,016|





## 

## 

|Analysis ofchanges|Analysis ofchanges|in net debt|||||||
|---|---|---|---|---|---|---|---|---|
|||At 1|April|Cash flows|New|Fair value|Other|At 31 March|
||||2021||finance|movements|non-cash|2022|
||||||leases||changes||
|||||F|||F|F|
|Cash||207,389||(140,749)||||66,640|
|Overdrafts|||||||||
|Cash equivalents|on|1,832,627||(622,143)||||1,210,484|
|deposits|||||||||
|||2,040,016||(762,892)||||1,277,124|
|Financial lease|obligations||||||||
|||204001,6~, 762692,||||||1 277 124|





## 

## 

## 

## 



## 

## 

## 



## 

## 

## 

## 



## 

||||||Unrestricted|Unrestricted|Endowment|Endowment|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds||Funds|2021|
|||||||||f||
|Income and endowments|||from:|||||||
|Donations<br>and legacies||||||14|||14|
|Charitable<br>activities||||||93,043|||93,043|
|Investments||||||||2,951,156|2,951,156|
|Other||||||4,351|||4,351|
|Total income and endowments||||||97,408||2,951,156|3,048,564|
|Expenditure<br>on:||||||||||
|Raising funds||||||||||
|Investment<br>management||||costs||||740,217|740,217|
|Charitable<br>activities||||||2,350,326|||2,350,326|
|Other costs||||||308,639|||308,639|
|Total resources expended||||||2,658,965||740,217|3,399,182|
|Net income/(expenditure)<br>before<br>other recognised<br>gains and losses|||||(2,561,557)|||2,210,939|(350,618)|
|Net gains/(losses)|on investments|||||||12,449,857|12,449,857|
|Net income/(expenditure)|||||(2,561,557)|||14,660,796|12,099,239|
|Transfer between|funds|||||2,210,939||(2,210,939)||
|Other recognised|gains/(losses):|||||||||
|Gains/(losses))<br>on|revaluation|||of||||||
|Operating<br>premises||||||||||
|Net movement<br>in|funds|||||(350,618)||12,449,857|12,099,239|
|Reconciliation<br>of|funds:|||||||||
|Total funds brought|forward|||||1,559,719|148,268,968||149,828,687|
|Total funds carried forward||||||1,209,101|160,718,825||161,927,926|
|3<br>Income from donations||||and|legacies|||||
||||||Unrestricted|Endowment||Total|Unrestricted/|
||||||Funds||Funds|Funds|Total Funds|
|||||||||2022|2021|
|Donations|||||||||14|





## 

## 

|||||Unrestricted|Endowment|Endowment|Total Funds|Unrestricted/|
|---|---|---|---|---|---|---|---|---|
|||||Funds||Funds|2022|Total Funds|
|||||||||2021|
||||||||F|E|
|Relief of Need|||||||||
|Returned|grants|||43,976|||43,976|93,043|
|5<br>Investment||income|||||||
|||||Unrestricted|Endowment||Total Funds|Endowment/|
|||||Funds||Funds|2022|Total Funds|
|||||||||2021f|
|Income from investment|||||||||
|properties<br>Income from listed||investments||||2,451,995<br>904,028|2,451,995<br>904,028|2,094,768<br>855,409|
|Interest income||||||15|15|979|
|||||||3,356,038|3,356,038|2,951,156|
|Operating|leases|||Not later than|one<br>year|Later than one<br>year and not later||Later than five<br>years|
|||||||than|five years||
||||||||E||
|Investment|properties||on leases|1,129,948|||4,060,581|20,436,359|



## 

|||Unrestricted|Endowment|Total Funds|Unrestricted/|
|---|---|---|---|---|---|
|||Funds|Funds|2022|Total Funds|
||||||2021|
||||||E|
|Charity discounts||4,000||4,000|4,000|
|Insurance|and other claims|1,932||1,932|351|
|||5,932||5,932|4,351|





## 

## 

||||Unrestricted|Endowment|Total Funds|Endowment/|
|---|---|---|---|---|---|---|
||||Funds|Funds|2022|Total Funds|
|||||||2021|
|||||f||E|
|Property management||fees||123,193||130,806|
|Legal fees||||8,343||6,230|
|Irrecoverable|VAT|||64,090||62,299|
|Property management<br>expenditure||||388,881|388,881|348,242|
|Bad debt written<br>off||||10,425|10,425|4,121|
|Refurbishment|of properties||||||
|Investment<br>management<br>administration<br>costs||||206,633|206,633|188,519|
|||||801,565|801,565|740,217|



## 

|8<br>Details|ofcharitable<br>ac|tivities|||||
|---|---|---|---|---|---|---|
|||Grant|Direct|Support|Total|Total|
|||funding<br>of|Services|costs|2022|2021|
|||activities|allocatedf|allocatedf|f.|f|
|Relief of Need||1,283,220|199,284|120,271|1,602,775|1,359,004|
|Advancement|ofEducation|753,204|199,284|120,271|1,072,759|991,322|
|||2,036,424|398,568|240,542|2,675,534|2,350,326|



|Direct Services costs|Direct Services costs|Relief of|Advancement|Total|Relief of|Advancement|Total|
|---|---|---|---|---|---|---|---|
|||Need|ofEducation|2022|Need|ofEducation|2021|
|||f|f|f.|f|f||
|Employment|costs|199,284|199,284|398,568|172,632|172,632|345,264|
|Support costs||Relief of<br>Need|Advancement<br>ofEducation|Total<br>2022|Relief of<br>Need|Advancement<br>ofEducation|Total<br>2021|
|||f.|E|f|f|f|f.|
|Employment|costs|90,213|90,213|180,426|96,207|96,207|192,414|
|Office expenses||27,677|27,677|55,354|22,399|22,399|44,798|
|Depreciation|of tangible|2,381|2,381|4,762|1,773|1,773|3,546|
|fixed assets||||||||
|||120,271|120,271|240,542|120,379|120,379|240,758|





|Grant making||Grants to<br>institutions|Grants to<br>individuals|Total<br>2022|Grants to<br> institutions|Grants to<br>individuals|Total<br>2021|
|---|---|---|---|---|---|---|---|
|||||F|f,|||
|Relief of Need||449,380|833,840|1,283,220|358,000|707,993|1,065,993|
|Advancement|of Education||753,204|753,204|64,000|634,311|698,311|
|||449,380|1,587,044|2,036,424|422,000|1,342,304|1,764,304|



## 

||||Unrestricted|Endowment|Total|Unrestnctedl|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Total Funds|
||||||2022|2021|
||||||f.||
|Governance|costs:||||||
|Employment|costs||193,296||193,296|184,878|
|Establishment|costs||22,869||22,869|21,644|
|Office expenses|||36,286||36,286|32,876|
|Irrecoverable|VAT||17,194||17,194|22,944|
|Trustee expenses||||||106|
|Auditors'<br>remuneration|||7,500||7,500|8,000|
|Legal and professional||costs|21,603||21,603|20,144|
|Depreciation|oftangible|fixed|4,762||4,762|3,547|
|assets|||||||
||||303,510||303,510|294,139|
|Loss on disposals of||fixed||||14,500|
|assets|||||||
||||303,510||303,510|308,639|



|Operating|leases|Not|later|than|one<br>year|Later <br>and|than <br> not|one year<br> later than|Later than five<br>years|
|---|---|---|---|---|---|---|---|---|---|
|||||||||five years||
|Operating|equipment||||344|||||





## 

## 

|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|Travel <br>Other|expenses<br> expenses|on|behalf|ofthe|Charities||106|
||||||||106|



|11<br>Net expenditure||||
|---|---|---|---|
|Net expenditure<br>is stated after charging:||||
|||2022|2021|
|Auditors'<br>remuneration|- audit services|7,500|8,000|
|Depreciation<br>of owned|assets|9,524|7,093|



## 

||||2022|2021|
|---|---|---|---|---|
||||No.|No.|
|Grant making|and advice to beneficiaries||11|9|
|Management|and administration|ofthe charity|4|4|
||||15|13|



|||2022|2021|
|---|---|---|---|
|||F||
|Wages <br>Social <br>Other|and salaries<br> security<br> pension costs|686,569<br>55,581<br>30,140<br>772,290|608,426<br>55,372<br>58,758<br>722,556|





## 

## 

|2022|2021|
|---|---|
|No.|No.|



## 

## 

|2022|2021|
|---|---|
|No.|No.|



## 

## 

|||Unrestricted|Endowment|Total funds|Endowment/|
|---|---|---|---|---|---|
|||Funds|funds|2022|Total funds|
||||||2021|
|Gains/(losses)|on disposal of|||||
|investment<br>properties<br>Gains/(losses)<br>on disposal of|||1,808,804|1,808,804|1,700,637|
|investments||||||
|Gains/(losses)|on revaluation||3,320,250|3,320,250|13,560,739|
|of investments||||||
|Gains/(losses)|on revaluation||2,573,765|2,573,765|(2,811,519)|
|of investment|properties|||||
||||7,702,819|7,702,819|12,449,857|





## 

## 

||||||Unrestricted|Endowment|
|---|---|---|---|---|---|---|
||||||Funds|funds|
||||||F|F|
|Allocation|ofthe|unapplied|total|return|2,554,473|(2,554,473)|



## 

|16<br>Tangible fixed assets|||||
|---|---|---|---|---|
||Long leasehold|Plant and||Total|
||and other interests|machinery|||
||in land and|including|motor||
||buildings<br>E|vehiclesf|||
|Cost or valuation:|||||
|As at 1 April 2021|2,200,000||99,870|2,299,870|
|Revaluation|||||
|Additions|41,693||1,041|42,734|
|Disposals|||||
|As at 31 March 2022|2,241,693||100,911|2,342,604|
|Depreciation:|||||
|As at 1 April 2021|||78,080|78,080|
|On disposals<br>Charge for the year|||9,524|9,524|
|As at 31 March 2022|||87,604|87,604|
|Net book values:|||||
|As at 31 March 2022|2,241,693||13,307|2,255,000|
|As at 31 March 2021|2,200,000||21,790|2,221,790|





## 

## 

||Investment|Listed|Total|
|---|---|---|---|
||properties|investments||
||F|||
|Market value:||||
|As at 1 April 2021<br>Revaluation|88,966,962<br>2,573,765|69,632,023<br>3,320,251|158,598,985<br>5,894,016|
|Additions|4,035,811|38,469,315|42,505,126|
|Disposals|4,800|40,343,122|40,347,922)|
|As at 31 March 2022|95,571,738|71,078,467|166,650,205|
|Net book value||||
|As at 31 March 2022|95,571,738|71,078,467|166,650,205|
|As at 31 March 2021|88,966,962|69,632,023|158,598,985|





## 

## 

|Movements<br>in the Tota|l Return<br>Fund|for the|yea|r:|||
|---|---|---|---|---|---|---|
||||||2022|2021|
|Opening<br>value of permanent<br>endowment|||||160,718,825|148,268,968|
|Less: amount<br>maintained|in permanent|endowment||fund|25,028,740|25,028,740|
|Unapplied<br>total return as at 1 April 2021|||||135,690,085|123,240,228|
|Investment<br>return —net|income/(expenditure)||||10,257,292|14,660,796|
|Allocation of unapplied<br>return|||||(2,554,473)|(2,210,939)|
|Revaluation<br>ofoperating|premises||||||
|Unapplied<br>total return as at 31 March 2022|||||143,392,904|135,690,085|
|Add: amount<br>maintained|in permanent|endowment||fund|25,028,740|25,028,740|
|Permanent<br>endowment|fund including<br>unapplied||total return||||
|as at 31st March 2022|||||168,421,644|160,718,825|
|Statement<br>of Unapplied|Total Return|since March 2009|||||
||||||F|f|
|Unapplied<br>total return<br>brought<br>forward<br>Total return for the year|||||91,388,595<br>10,257,292|78,938,738<br>14,660,796|
|Less: total return<br>applied|for the year||||(2,554,473)|(2,210,939)|
|Revaluation<br>ofoperating|premises||||||
|Unapplied<br>total return as at 31 March 2022|||||99,091,414|91,388,595|
|18<br>Debtors|||||||
||||||2022|2021|
||||||E||
|Other debtors|||||194,048|170,187|
|Prepayments<br>and accrued income|||||140,169|150,844|
||||||334,217|321,031|
|19<br>Current assets investments|||||||
||||||2022|2021|
|||||||F|
|Cash equivalents<br>on deposits|||||1,210,484|1,832,627|





## 

## 

|||2022|2021|
|---|---|---|---|
||||F|
|Bank loans and overdrafts||||
|Grants payable||579,439|535,665|
|Other creditors||226,468|224,835|
|Accruals and deferred|income|446,774|450,084|
|||1,252,681|1,210,584|



|Deferred|income|reconciliation|2022|2021f|
|---|---|---|---|---|
|Balance|at 1 April||277,349|347,776|
|Amount|released|to income|277,349|347,776|
|Amount|deferred|in the year|367,778|277,349|
|Balance|at 31 March||367,778|277,349|



## 

||||||2022|2021|
|---|---|---|---|---|---|---|
||||||F|f.|
|Multi-employer|pension|scheme|deficit|charges|7,783|43,312|





## 

## 

## 

## 

||At 1 April|Total income|Total|Net gains/|Other|Transfer|At 31 March|
|---|---|---|---|---|---|---|---|
||2021|and|expenditure|losses|recognised|between|2022|
|||endowments|||gains/<br>losses<br>funds|||
|||E||||||
|Unrestricted||||||||
|Funds||||||||
|Unrestricted||||||||
|income fund|1,209,101|49,908|(2,979,044)|||2,554,473|834,438|
|Endowment||||||||
|Funds||||||||
|Permanent||||||||
|endowment|160,718,825|3,356,038|(801,565)|7,702,819||-~2,554,473|166,421,644|
||161,927,926|3,405,946|(3,780,609)|7,702,819||-|169,256,082|






## 

||||||2022|2021|
|---|---|---|---|---|---|---|
||||||F|F|
|Pensions and Relief of Need|||||||
|At 1 April 2021|||||||
|Moiety surplus<br>for the year|||||830,880|706,843|
||||||830,880|706,843|
|Less: Expenditure|on Pensions||and||||
|Relief of Need|||||1,283,220|1,065,993|
||||||(452,340)|(359,150)|
|Transfer from general reserve|||||452,340|359,150|
|At 31 March 2022|||||||
|Advancement<br>ofEducation|||||||
|At 1 April 2021|||||||
|Moiety surplus<br>for|the year||||830,881|706,843|
||||||830,881|706,843|
|Less: Expenditure|on Advancement|||of|||
|Education|||||753,204|698,311|
||||||77,677|8,532|
|Transfer to general|reserve||||(77,677)|(8,532)|
|At 31 March 2022|||||||
|Summary<br>ofRevenue Reserve|||||||
|At 1 April 2021|||||1,209,101|1,559,719|
|Profit/(loss)<br>for the|year||||(374,663)|(350,618)|
|At 31 March 2022|||||834,438|1,209,101|
|Trustees<br>have designated||the|uses|ofthe|||
|Revenue<br>Reserves to be:|||||||
|Contingency<br>against loss ofincome|||||754,438|1,129,101|
|Sinking fund for equipment||replacement|||80,000|80,000|
|At 31March 2022|||||834,438|1,209,101|





## 

## 

|||Unrestricted|Endowment|Total Funds|
|---|---|---|---|---|
|||Funds|Funds|2022|
|||F|f||
|Tangible assets||13,307|2,241,693|2,255,000|
|investments|||166,650,205|166,650,205|
|Current assets||2,081,595|(470,254)|1,611,341|
|Creditors: Amounts|falling due||||
|within one year||(1,252,681)||(1,252,681)|
|Creditors: Amounts|falling due||||
|after more than one|year|(7,783)||(7,783)|
|Net assets||834,438|168,421,644|169,256,082|



|||Unrestricted|Endowment|Total Funds|
|---|---|---|---|---|
|||Funds|Funds|2021|
|||||F|
|Tangible assets<br>Investments||21,790|2,200,000<br>158,598,985|2,221,790<br>158,598,985|
|Current assets||2,441,207|(80,160)|2,361,047|
|Creditors: Amounts|falling due||||
|within one year||(1,210,584)||(1,210,584)|
|Creditors: Amounts|falling due||||
|after more than one|year|(43,312)||(43,312)|
|Net assets||1,209,101|160,718,825|161,927,926|





## 

## 

|||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
||||||||||F|
|Financial assets that are debts instruments|||measured|||at fair||||
|value:||||||||||
|Listed Investments||||||||71,078,467|69,632,023|
|Financial assets that are debts instruments|||measured|||at||||
|amortised cost:||||||||||
|Other Debtors||||||||194,048|170,187|
|Financial assets that are debts instruments|||measured|||at cost:||||
|Current Asset Investments|in Cash|||||||1,210,484|1,832,627|
|Cash at bank and<br>in hand||||||||66,640|207,389|
|Financial assets that are debts instruments|||measured|||at cost||1,277,124|2,040,016|
|Financial<br>liabilities measured<br>at amortised|||cost:|||||||
|Grants Payable||||||||579,439|535,665|
|Other Creditors||||||||226,468|224,835|
|Total financial<br>liabilities measured||at amortised||cost||||805,907|760,500|
|Income, expense, gains or|losses,|including|changes|||in fair||||
|value, recognised<br>on:||||||||||
|Financial assets measured|at fair value|||||||6,033,082|16,116,785|
|Interest Income||||||||15|979|
|Total income, expense, gains or losses, including<br>fair value|||||changes||in|6,033,097|16,117,764|