Tanaka UK Japan Educational Foundatlon Limitsd
Trustees. Report and Independ•ntly Examlnod Financial Statements
For the Year Ended 30 Septemb•r 2021
(Charlty Commlsslon No. 1137714)
(Company No. 07032612)

Tanaka UK Japan Educational Foundatlon Llmlted
Contents for the Flnanclal Statomonts
For th• Y•ar End•d 30 S•ptèmb•r 2021
PA
Reference and Administrallve Informatlon
Tru81888' Report
Independent Examlners, Report
Statement of Financial Activities
Balance Sheot
Notes lo Financial Statement8
14

Tanaka UK Japan Edueatlonil Found•tion Limitsd
Reference and Admlnlstratl* Infom)atlon
For th• Yoar Ended 30 8•pt•mbor 2021
Charity Numbor..
1137714
Company Numb*'.
07032612
Tru81eeslDifectors'.
Mrs Makiko Ueshlma
Mrs Kimiko Taki
Mr Giles Henderson
Ms Fumiko Oanno
Mr Takeshi UeBhima
Compary Secr8tary'.
Mr T8k98hl U6shlma
Prlncipal office..
Flat 7 Elton Lodg9
20-22 Florence Road
London
W5 3TX
Reglslernd Olllc8'.
10 Q(￿an Str88t Placg
London
EC4R 18E
Soll¢llorn'.
Bates Wells and Bralthw8lt8 London LLP
10 Quten Street Plxe
Lon(Jon
EC4R 1BE
A(wuntants'.
Moorfj Klngslon Smllh LLP
Orbital House
20 Eastern Roa(J
Romford
Ess8x
RM13PJ
Propety Managers..
Larnbgrt Srnlth Harnpton
City Gale East
Tollhouge Hill
Nottingham
NG1 5FS

Tanaka UK Japan Educatianal Faundatlon LSmlted
Trustees, Report
For the Year Ended 30 S•ptèmbér 2021
The Trustees, who are also Directors of the Charity for the purposes of th8 Comp8ni&s A¢1 2006, Pfesant th&r
8nnu81 report And the financkal statements for the year ended 30 Septern￿r 2021. The Tru81998 have 8dopted
the provi8ions of the Statement ol Recommended Practice ISORPI'Accounting and RepoitiryJ by Charitie5"
(revised January 20151.
3TRUCTURE, GOVERNANCE AND MANAGEME+JT
Introduction
Tanaka UK Japan EdwAtion Found81ion Limitsd (the 'Company'l wag Incorporated on 28 September 2009 and
WAS established to Support and fund the advancement of ￿lUcation in Japan. the Unrted Kingdom. and other
English 8p¢akirg ¢ountrfe8. The Company was ￿giStered 88 a Chanty on 2 September 2010.
Gov•rnlng Document
Tanaka UK JApan Educational Foundation Limited 18 a Company limited by gu8r8n100 ènd hAs no sharè capitol.
It is conBtilut8d und8r itg Momordndum and Articl65 ol Asswatson dated 28 September 2009 88 8mend#d by
two Special Resolutions d818d 22 July 2010 1ra9i81grsd at Companies House on 6 August 20101 and 7 Juty 2016
Ireglstarad ot Companies House on 14 July 20161. 11 1$ a reyi31ofyI Company under Company numb8r 07032612
ard a r8glst8fed ChArfty under CharSty ragistration number 1137714.
R•crultm•nt •nd Tr•lnSng of TruBt•••
In accordanc8 iha Memorandum and ArUcle8 of A88￿latIon, the Trustees aro apwlnlod by the membars of
the Company. Tho TN8t098 havg o Ilmltgd power to oppolnt Trustees to swve until Ihe followiwvJ Annual Genernl
Mgeting.
Th& Tru81e¢8 Ihg yg8r, who arg 0199 the Olreciors of the Company, are shry￿n on page ono.
Th8 Trugt8a8 ghall never be le88 than thrt8 In numbor and ¢h8ffj are cuffently flvg.
M•n•9•m•nt
The Trusteeg ora uRlrnotely re8ponslble for the poli¢iè8, aCtlvltla8. And a88at8 of th8 Compary.
The Trustee3 rneet 81 le881 onca 8 yéar and ar& m2POn81bl8 lor rgvkniro the annual account3. pollcl68 8n
prC￿edUreS In respect of Iniernal financial contro18. and the pollcy In r8laUon to Inv8stmant9.
Rl•k M•nag•m•nt
The Tmste88 have exarnined ihe Major 51ralegic, busine88, 8nd opgralional risks Ihat the Company18 oxposed
10 8nd these 8r8 r8Vi8W8d fegularty. The TrLtstees are satisfied that adequale procedur08 are in pl8¢e lo mitigat8
exposure lo these ri8k5, amhough il 18 r8cogni88d that systems con only provldg reasonable, not absolute,
8$8uranc8. They have idenlifi&J the followng risks and taken to miliggle guch risks..
Inveslmenls wlll (Jrop In value.
- Vanguard, a welkeslablished 8888t man8ger, h88 beèn engaged
by the Directors 8inc8 2015 to manage a s￿￿￿11c￿nt Propo￿on of the
amounts the Company has available for invegtrnent. Th6
8M)roprl8tenes8 a￿1 productlv8n898 of thi8 oroagemenl Is
reviewed on an annual b8BI8.

Tanaka UK Japan Educatlonal Foundatlon Llmlt•d
Trustees. Report
For tho Year Ended 30 S•pt8mb8r 2021
- Grdnvdonations madg will ￿t be spent
lor tho charilable purposes for vthich they
were made.
- Each grdni is made subject to the Cornpanls siandard temis and
conditions ol grant, %thi¢h provi¢J& robust protection$ and remgdièg for
thg Company. includiThJ cl8wb8d( of funds. In 8ddition. the Tru8teg$
undert8ko proporDon8te chgck3 on e8th p¢Xenlial reclpient In 8dv8n
so that th8y C8n be satisfied a5 to th￿r suitability. The Trustees al80
aGtivety review Iheir actwe grants and require regular updates and
ports frclm recipientg 10 onsure the grant monlas Are being u$8d as
On￿8898￿ Iwhlch are rgqulromenl3 under the condllions of grant), an
so that the Comp8ny can take action ￿018 n8ce8sary.
- Intemal control risks.
. Structufgd pro¢odure$ lor 8Uthortgatlon ol 011 transoctk)n$ 8rrfJ
kyojecls.
Risks related lo the maintenance and
upkeep ol the occtsp￿d premi888 In
Oxford.
The Cornpany obtains rèlèvant legal and Insurance advice aThJ other
appropriate consultsney support as neèded from tlmo to time lo ensur8
any r&Lgv8nt ri8k3 to the Company are properly considered and
addressed. In relation to any works undertaken at the premlseg, only
appropriatè well-established controctor8 of good standiThJ will Used
with 8ppropriatoly robujl leg81 conlr8¢tu81 documentation Under￿n￿lre
the wixks vthich Prolecl the Cornpanl5 inleresls.
- Covld-19
- The Trustees have con￿1$r&I tho ptstenti81 Impact ol the Coronavirus.
and the various measures taken io contsbn it, on Ihe operations of the
ch8rlly in Iho near lulurg. In th8 event Income IB 8lgnllthnlly Impacted
then the charlty ￿11 ¢￿SIder co81 cuwng mga8yrg$ In ordgr to gn$ure
long lemi v4ablllly.
K•y Man•g•m•nt P•r•onn•l
The board of Truslees and the 8gnlor man8gemenl tgom ¢fmprf88 the key managornent per80nnel of tho
Cornpany In charge ol dlrgctlng, controlling, running, 8nd opor8UThJ the Company on 8 day to day b8818. AI
Trusiees glve their Ilrno freely and no trustee received remuneration In the yaor. Deta118 01 Trustees. expen988
and re18ted porty transactions ar8 dlgc1088d In noleg 11 and 12 to th8 Aceounls.
Inwa•tm•nt Pollcy and R•vl8w
The Company has power to Inv8st In 8uch a890ts 98118888 Ilt. Tho Company8 polley ha8 bean to rataln thé
Incomè188 e88h on Int8r88t b8Ariw Bccoun181 in 11ght of the volaulily 8ffe¢ling other form8 01 investmènt. The
m8rkets bec&me 8t8ble in October 2015 and the Truytees started to invest som0 cash in an EquitylBond fund
on 14 October 2015 run by Varouard.
The rèturns from Ihtr Compan18 investments wwe broadty in Ilno wlth the adopted b8nchmark. Th8
Trustees actwety monitor the results achieved by Vanguor¢J and arg ¢onl&nl thal they und¢rsl8nd Ihg roason
for the hlslori¢ perfomianc81ov01$. They believe that an appropriate investmenl strdtegy in ￿ace lor the mediuwn
lo lory term.
08JECTIVES, AIMS AND ACTIVITIES
Obj•¢¢1￿8
The obj8ctiv88 of thè Company are tho advancement of e(J￿￿On ol Ihe public In Japan. the Unlted I￿ngdOM,
8nd other Ewlish speaking countries by tho provlsiThi of oducational or finBnclal 8UPPOrt Ilncludlng, but wthoui
preludic8 to, tho generality of thè forogoiw m8king grants, bur88rie$, or ￿hOlarshipS) to Ihe proviL18rs of
edv¢ation or 8tud&nl8 undert8king studies in the Japan￿￿ or EThJlish language. literature, cJJlture. arts. or
5dence.

Tanaka UK Japan Educ•tlono1 Found#tlon Llmlt•d
Trustees, Report
For the Yeor Ended 30 September 2021
Grant-maklng Pollcy
Grants a￿ made in line with the obj￿11¥9￿ of the Cornpany to education prowidars, Such as unlvwsltles And
schools. to achigve the Company's educational objectsves for public b8nefil. Thg beneficiaries of the Comp8rw'g
gignt-making programmes are ultimaiely sludents undgrtaking studie8 in Ihe Japanese or Engli8h language,
lfter81ure, culture, ans. or sciences.
Gr•nt-Making ActI￿tIO0
Th& Trustees have continued to exploro grant-making OPkX)rtunitigs and co￿￿9re￿ a number of applications thi8
y88r. In p8rticu18r, a grant h8s been made In furtherance of th& Charitys purposes to Unlver8Sly of Oxford.
Pembroke College (the Oriental Ins¢rtuto1- for r88garch lellowships, scholarshlps and an academic symposlum.
FINANCIAL REVIEW
Since 2014 the Corrpany h88 begn a tenan¢ ol T8n8ka Iku8lk8i Education81 Foun(Jation 8nd gntilbd lo
receive rent on the property (The Old Building and The Annex of 66 88nbury Road, Oxford) until 9 March 2027
and 6 M8y 2022 (re8￿ct￿elyl In re8PeCt ol $ub.leases granted 10 8chools ond other education providers. The
Trustees of Tanak8 UK J8P8n Educ8tion81 Foun¢J81ion Limited h8v& not recordgd the valug ol th08e leo898 on
Iha balance sheet but record the rental incorne each year throwh ils 8tatement of finanryal 8clivi1￿8
All funds are un￿stricted. 11 18 intèndéd that ¢h& invègtm&nt portfolio ￿11 gen8rale Income whkh wlll be uged
lowards satssty'ng the grant-ni8kiro policy in accord8nce with the objeclives ol the Comp8ny.
Tolal income In the period ending 3Q September 2021 w88 £236,38812020,' £207,726).
Thè financial stataments show investm8nts al morket value. The unrealised and r881i8gd gains and bsue8 on thé
r•valv81ion of invgstrnenl 88sel$ for Iho ygar wa¥ 8 ng1 ggln of £116,35212020. £2,018).
R•￿T¥•$ Pollcy
The Company's rssèNas comptl88 unf88trlct8d lund8. Fraa ro9orves are un￿StrIcted lunds lesj amounts lied up
In fixed assetB, which are freely 8vailable tts ¥pgnd on any of tha Compan18 purpos88. Fr88 ra88Th85 provid¥ tho
worklng capital of iha Company, whilst providirrfJ liquld funds in ca88 of any unexpecled lulure def￿11￿. Tho
Tru61888 have r8viow8d thè raquSr&m8nt lor fraa r￿r¥s¥ and based on thalr rovlw they need an arnounl al lea8t
aqual to operallTrJ expenditure. The Tru81eès h8v• w8mingd th8 CompanV8 r8qulr8manls for rogarv88 In light of
th8 maln ri8ks to tha organisalkin.
The Company has unreslricied re8erveB of £2,523.004 88 at 30 Seplemb8r 202112020". £2,146,76718nd frea
reseNe8 of £527,462 as al 30 September 202112020.. £636,994). The K8vel of free reserves a8 al 30 Seplember
2021 equal95 to In exce35 of one y&ar8' runnlng costs.
PUBLIC BENEFIT STATEMENT
The over8reJ)ing objectlve of the TnJste8 grant-maklng strategy is to ber￿fil a wide cross-5ectlon ol IhB
comrnunily through supwjrting sullab18 8ducatlonal provid8rs. The Truste&s have referred to Ihe Charily
Commi98ion's guidonce on publlc benefit when reviewng their 8im5 8n(l obJ8cUvg9 8nd pl8nnlng Iheir fvlure
acbvrtie5. The Trust888 b81i8vè that thèir stratagic gront.making actlviiles meet the oblecuve of benefitlng a
de cross.secb'on ol the cornrnunity. The Tru3tee5 ensure that 8 robusl monitoring systern is in plac8 to
83tabli5h the benefbt derived from e8ch grant In order to be confident of meeting their public benefrt oblig8tions.
In accordanc¥ ￿th their duligs to prov¥Je put4ic benef￿ in furtherance of the Company'8 charitatAe purposes,
hO￿uT￿n9 Ihe guKleline3 ol thg Charity Comrni5sion, th8 Tru5t88s hav8 Continu￿ to reviaw potantial grant.making
opportunibe$ this year and, In particular, have made one significant grdnl 85 detailed 8bove.
FUTURE PLANS
After Nvo dmicult years of the COVID-19 pandemic. the charity h88 high hopes thai operation$ are ￿lUmIng lo nom181.
In light ol this optimlsm, the foundauon is invillng proposals Irom ¢he UK and Japan once rnore Ihis year Such
proposals will evalu8led by th8 trustees in th8 usual coursè as they are re￿ived. The irustees are looking fcThard to
supporting the relevant project pro￿s818 which are in 81wnrn8nt ¥wth thè charitys st8tÉ(I goals and obpclives. In
addition, the building owned by the charity has undergone signfficant Maintenance work 8nd renovations which have
grealty irnproved the pr8mi585. Th8 truste8s ar8 rA8asad io report thls oThJoing majorwork improving the building has
been perforrned wiihoul interrupts'on to ¢he tenan15' operaty'on$.

Tanaka UK Japan Educatlonal FoundatSon Umlted
Trusts¢s' Report
For th? Year Ended 30 S•pt•mb•r 2021
STATEMENT OF TRUSTEES. REPONsI81L￿lEs
Th& Trustees ar8 reswn8ible for preparirvj (he Trusiees, Report and the lIna￿￿1 ststernonts In accordance wth
applicable law 8nd regulauons.
Company law requlres th¢ Twsle88 lo prepare financial slalement8 for eath financial year The Tru8le98 have
81gcled to pr8p8rg tha fi'nancial 8talement3 in accordance with United Kingdom Generalty Accepled Accounts'ng
prd￿¢9 Iunited Kingdorn AccountirvJ Standards and applicable lawl. Under Compony law th& Tru8lae$ must
not approve the finanaal stalements unless they Are 9gli$fi8d that they glvg a Irug and f8ir view of the 8¢3le of
offalrs of the Company 8nJ of ltte proflt 8nd 108s of ihe Company for th8t period. In preparing Ihwde fi'nanri81
gtslemenl8. tho Truslees are required to..
. sdect 8ultable accountlng pdloe8 8nd then apply con8i8t8nUy.'
• obseNe the method5 Bnd prin￿pIeS in tho Ch8rit185 SORP.,
• make judgernents 8nd estimales (hat are re880nable and prudent.,
* State vthether applicable UK occountSrvJ 9tandardg have boen lollow8d, sub*t to any malertal dèparturos
dlsc109ed and explained In thè fln&nci815t8ternents,' an
' prep8re th8 finar￿al￿taternents on a Consistent and ongoiThJ baBig unle8B il is inapproprSatg to prasum8 that
thè Cornp8ny will continue to operate.
Tru81088 ar8 r89pon￿ble for ke¢pitYd 8deou8tO 8ccountsrvJ reo)rd8 that are sufficienl to show and explain the
Company's Ir8n$a¢tion8 and di8clo88 with reasonable accuracy at any ISrne ihe flnanclal posltlon of the Compony
and enab18 the Trustees lo onsuro that tho 1Snanclal statements comply Ihe Compani98 A¢1 2006. They aro
also r8sF4)nslbl8 lor Safèguardi￿ tha as$&l8 of Ihg Comp8ny 8fKJ hen¢e for taklng rea80nable steps for the
pr8vènts.on and dele¢lbn of fraud and ￿er Irregularfues.
So far as oach of th8 Tru8t88818 Aware at tha Ilme tho ￿p)rtIS approved..
there Is no Televant Infornalion ol whlch the Compan18 Independent ex8mlner8 are ungware.. and
b tho TruBte08 have taken all 8teps that they ought to have tskon lo mak• them8dv08 awar8 of any rel8vanl
Infofm8Jon.
Approved by Ihe Trustee8 and 81gned on beh8W ofth9 Tryo1908 by..
May 3, 2022
Mr Takashl Uo8him8
on behalf of Ihtr Tru3leeB
Date

Tanaka UK Japan Educatlonal Foundatlon Llmlted
Independent Examlnor's Rgport to the Trustoos of Tanaka UK Japan Educational Foundation Llmlted
For thè Year Ended 30 September 2021
l ￿pOrt on the accounts of the Company for the year ended 30 September 2021 which are Set out on page5 7 10 14.
Rosponsibilitios and Ba818 of Roport
As the Trustees (who are 81so the Charitys Directors) of the Company you are responsible for the preparation
of the accounts in accordance with the requirements of the Companies Act 2006 Ilhe 2006 Acl'}.
Having satisfied myself that the ￿￿Ounts of the Company are not required lo be audited under Part 16 of the
2006 Act and are eliglble for independent examination, I report in respect of my examinallon of your Charills
accounts as carried out und8r section 145 of th8 Charitie5 Act 20111'lhe 2011 AGVI. In Garrying out my
examinalK>n I have followed the directions given by the Charlty commission under sectson 145{51 (b) of the
2011 Act.
Independent Examlner'8 Statement
Since the Company's gross income exceeded £250,000 your examiner musl be a member or a body listed in
8eclion 145 of the 2011 Acl. I confirm that l am qualified lo undertake the examlnallon because18m a member
of ICAEW, which is one of the listed bodies.
I have completed my examlnallon. I confirm that no mallers have come to my allenlion in connection with the
examlnation giving me c8US8 lo beli8ve'.
1 } accountlng records were not kept In respect of the Company as required by section 386 of
Ihe 2006 Acl., or
2} the accounts do not accord with those records; or
3) the accounts do nol comply with the accounting requirements of seclitin 396 of the 2006 Act
other than any requirement that the acGoun15 give a 'tru8 and fairf view which is not 8 matter
considered a5 parl of an indepandenl examination.. or
4} Ihe accounts have nol been prepared in accordance with the methods and principl88 of the
Statement of Recommended Pracllce for accounting and r8POrting by charllles appllcable lo
charities preparing their accounts in accordance wlh tho Financial Reporting Standard applicable
in the UK and Republic of Ireland IFRS 102).
I have no concems and have wme across no other maller8 In connection wth the examination lo which
allenlion should be drawn in this report In order lo enable a proper understanding of the accounts lo be reached.
4 May 2022
Karen Wardell, FCCA ICAEW
For and on behalf of Moore Klngston Smlth LLP
Charterod Accountants
Orbital House
20 Easlem Road
Romfor
Essex RM1 3PJ

Tanaka UK Japan Educatlonal Foundatlon Llmited
Statement of FinanGial Activitles
For the Year Ended 30 September 2021
Notes
2021
Total
Funds
2020
Total
Funds
Incom• from:
Investments
236.388
236,388
207,726
207.726
Expondlturo on:
Raising funds
Charitable activiti88
15,978
20.525
36,503
32,840
72,224
105,064
Nèt incomlng rn•ourc81 b￿orn
other rncognljad galn8 and1088•8
199,885
102,662
Gain on investment assets
N•t mov•mant in funds
176.352
378,237
2.018
104,680
R•con¢lllatlon of fund$
Total funds brought forward
Total fund8 carried foMard
2,148.767
2,523,004
2,042,087
2,146,767
14
All activities are conlinuing. There are no recognlsed galns or Ios8es other than as dlsclosed above.
The Statement of Fln8nclal Actlvltles Incorporates an income and expenditure a¢counl.
The note5 on pages 9 10 14 form part of the flnanc1818talemenl8,

Tanaka UK Japan Educatlonal Foundallon Llmlted
Balanco Sh¢•t
For the Yoar Ended 30 Septembgr 2021
Not08
2021
2021
2020
2020
Fixed assets
Investments
1,756.407
1,509,773
Curront ass•ts
Debtors.. amounts falling due within one year
C88h al bank
117,093
682,528
799,621
652,062
852,062
Ctsrrent Ilabllltle8
Creditor5'. amounts falling due within one yaar
33,024
33,024
15,068
15,068
Not current aS8•t•
Not
786,597
2,523,004
636,994
2.146.767
R•pr•untad by
Unrestricted fund8
14
2,523,004
2 523 004
2,146,767
2 146 767
For the financial year ended 30 September 2021 the Company was entitled to exemplion from audlt under se¢bon 477 of
the Componios Act 2006.
The Member8 have not requlffjd the Company lo ob18in an 8udil In accord8nce wllh 88ction 476 of the Companles Act
2006.
The Tru818es acknO￿edge their responsibilities for coMpl￿ng wllh requirements of the Act wllh re8peGt to accountSng
records and the preparation of financial ststemenls.
These accounts have been prepared in accordance with the provisions applicable lo wmpanie5 subjeGI lo the ¥mall
companies. reglmg Wthin part 15 of lh9 Compani8s AGI 2006.
The Ilnancial st8tsments ￿re approved for issue by the Board on
behalf by..
3May
2022 and slgnad ￿ its
Mr Takeshi U8shima
on behalf of the Trustees
Company Règistration No. 07032612

Tanaka UK Japan Educatlonal Foundatlon Limlted
Notes to the Flnanclal Statements
For th• Yaar Ended 30 Soptsmb•r 2021
1. kcountlng pollcles
Company Informatlon
Tanak8 UK Japan Educational Foundation Limited is a private company limited by guarantee, doMi￿le￿ Bnd
incorporalgd in England and Wal8s. The registered office 10 Quoen Street Place, London, EC4R 18E and the
principal office 15 Flat 7 Elton Lodge, 20-22 Florence Road. London, W5 3TX.
{al Basis of preparation
The financi81 slalemenls have b8en prepared under the historfc81 cost convention, wlh tha exceptlon of Ilsted
invaslments vthich 8re includad at Ih6ir market value. The fin8ncial stslèmanls havè beèn preparéd in accordance
th the Statement of Re¢¢mmended Pra¢b¢e appli¢ablg lo Gharilies preparing their a¢¢ounts in a¢¢ordan¢a with
the Financial Reporting Standard applicable in the UK and Republic of Ireland effeth've 1 January 2015 (The
FRS 102 Charities SORPI, the Companies Act 2006 and Charities Act 2011.
The TNslees confimi that the Comp8ny meets the d8flnllion of a public entity under FRS 102.
(b) Incomlng r••our¢
All incoming resourc8s are included in the Statement of Fin8nci81 Activities when the Company is enlilled lo recelve
the income and the amount can be quantified with r8880nable accuracy. The followng policies are applied lo
partlcular categories of inccffle..
Voluntary Income is received by way ol grants, donations and glfts and18 includad In fvll the Slalement of
Flnancial Acllvllles when r8C8lvable. Grants. where enlillemenl Is not condlllonal on the dellvery ol a speclfic
perfomiance by the Company, are recognlsed %then the Company bgcomes uncondllionally enlilled lo the grant.
Donated 8ervice8 and facilitie8 8re included 81 the value lo the Company where this can be quantified. The value
of services provided by volunteer8 has not been Included In these financlal statement8,
Inve8lm8nl in¢ome 1$ induded when racaivablo.
1¢) Rè•our¢•8 •xpèndod
Expenditure is recognised on an accrual b8818 as a liability Is Incurred. Expendllure inclLtde8 VAT, and 18
raported as part of the expendllur8 lo whlch it r8laleB'.
- Costs of ralsing funds comprise the Costs as80Giated wlth allracllng voluntary Income.
Charitsble expenditure comprlses those cos18 Incurred by the Company in the delivery of its aclivilles and
servlces for its beneficlades. 11 includgs both costs that can be alloG8led direclly lo such aGtivilies and those
cosis of an indirect nature necessary lo support th8m.
Chadlable expenditure includes grants payable whlch ara charged in the y88r In whlch the offer is conveyed lo
the re¢ipienl, ex¢ept where the grant is ¢ondilional, in whi¢h ¢a$e the expendituffj 1$ re￿￿nISed when th&
onditions of such grants arg fulfilled,
- All costs are allocated between the expenditure categories of the Stslemenl of Finan￿81 Aclivities on a basis
désigned to roflocl the use of tha rasourco.
(d) Going concern
While the spread of the coronaviN8 has a negative impact on bu8ines8 acbvities. il is currently not possible to
make a reliable eslim81e on the depth of the impact on business activities. Al the time of approving the
Directors have 8 reasonable gxpectation that th8 Company has adequate resources lo conlinug in opgralional
existen￿ for the foreseeable future. Thus the Directors continue lo adopt the going concern basis of accounting in
preparing the financial slalemgnts,

Tanaka UK Japan Educatlonal Foundatlon Llmlted
Notes to the Financial Statements {contlnued)
For the Year End￿ 30 September 2021
1. kcountlng pollclas (contlnued}
{•) Flxed Inv•stm•nts
Investments are a form of basic financial instruments and are inits'ally Shown in the fi'nanGial stslements al market
value. Changes in the market values of investments ore shown as unr8alised gains and Iossas in the Slalement
of Fin8ncial Acuvilies.
Profits and losses on the realislion of investments 8re shown as re81ised gains and losses in the Slalemenl of
Financial Aclivili8s. Realis8d gains 8nd losses on investments ar8 C81culaled b8twa8n sales proca6ds and Ihalr
opening carrying values or their purchase value if acquired subsequent lo thè first day of the financial yèar.
Unrealised gains and losses are calGulaled as Ihe differenGe be￿09n the fair value al the year end and their
Car￿ng value. Re81i8ed and unreali8ed investment gains and losses are combined in the Statement of Financial
Aclivilies.
{fj Flnanclal Instruments
The Company has elected lo apply th• provisions of S•¢tion 11 'B8si¢ Fin8n¢ial Inslrumenls, and Section 12
'Olh8r Financial InslTurnents Issues, ol FRS 102 to 811 of 115 financi81 inslrum8nls.
888ic financlal ags8ls. whlch Include trade and other receiv8bles, cash and bank balance8, are ini118lly me88ured
at Iransa¢lion pri¢e in¢luding Iran8actlon costs and are Subsequanlly carried al amortlsed c081 uslng Ihe effective
inlgr951 method. unless Ihg arrang8rnent conslllules a financing Iransactlon. whare tha tran88cllon18 me88ur8d
at the pre59nl value of the futuro receipts discounlod at market rale of interest.
(g) Cash and cash •qulvalent8
Cash and cash equivalents Includes cash In hand, deposits held al call wSlh banks, other short-lemi liquld
invgStm8nl8 with original malurille3 01 three months or18s5. and b8nk oveTdT8ft5. 88nk ov8rdrafls are shown
thin borrowings in current liabilities.
(h) Unr•strlct•d fund•
These ¢omprise those funds whlch the Trnslees are Iree Io u88 in accordance with the charitable oblecllv88,
%thich 8T9 shown on the Ststemenl of Flnanclal Acllvllles and Balance Sheet. The Comp8ny does not mainlaln
any other lunds.
2. E6tlmat•• and ludggm•nts
In the application ol the Company's a¢counling poli¢ies. the Truste8$ are requlrèd lo make judgements, esllmal88
and assumptions about the Carr￿ng amount of assets and li8bililies that are not readily opp8renl from other
sources. The esllmales 8nd assodaled a8sumptlon8 are based on hi8torlcal experience and other factors th81
are considered lo be relevant. Actu81 results may differ from these estimates.
The e81im8le8 and underlying 8S8umplions are reviewed on an ongoing basS8. Revi8lon8 to accountlng estlmales
arg r¢cognised in the period in which the estimate is revised where the revision affects only that period, or in the
period of tho revision and future periods where the r&vi5ion affgcls both current and lulure periods.
The Trus1885 do not consider there to ba any malerlal esllmales or judgements.
10

Tanaka UK Japan Educational Foundation Limit•d
Notes to the Financial Statom¢nts l¢ontinuodl
For th• Year Endad 30 September 2021
3. Investment Income
8y virtue of subleases signed on 9 March 2012 and 20 December 2013 Tanaka UK Japan Educational Foundation
Limit8d became the lessee of The Old Building and The Annex of 66 Banbury Road Oxford on 24 July 2014 and is
entitled lo receive rent on the property until 9 March 2027 and 6 May 2022 re8peclively, whereafter the leasas svill
revert back lo the Tanaka Ikueik8i Educ8tion81 Foundation. The Trusl8e5 of Tanaka UK Japan Educational
Foundation Limited have not rècorded tha v81ua of these leases on the balanc8 sheet bul record th8 rental inGome
each year through the Company's Statement of Financial Activitses.
Durlng the year ended 30 September 2021 T8n8ka UK Japan Educational Foundation Limited received the
followng income..
2021
2020
Dividend8
Rent- The Old 8uilding
Rent- The Annex
Other income - Utility payment8
20,282
101,106
115,000
24,396
67,404
115,000
926
4, Ral8lng lunds
2021
2020
Property manag8menl Gh8rg•6
Repair$ 8nd maintenance
Ulilily costs
9,374
3.906
28,934
6,604
5. Charltable aCt5￿tle9
From 1 October 2020 10 30 September 2021 the Company made gr8n18 totslling £3.000 {2020.. £53,215110 tha
in81ilulion8 88 lislad below..
2021
2020
Grants made
Madborough College
Inlgmab'onal House of Japan
P8mbroke College
3,000
10,000
43.200
53,200
3.000
Legal lees
Trustee remunerallon
Trustee expenses
10.778
1.000
581
12,359
12.245
1.000
731
13,976
ernance costs
Accountancy faes
Independent examin0rf8 fags
Bank charges
1,900
3,260
1.900
3,092
56
5,048
5,166

Tanaka UK Japan Educatlonal Foundatlon Llmltod
Not05 to the Financial Statements {contlnued}
For tha Yaar Endod 30 Septembor 2021
6. Membèrship
The Company is limited by guarantee and has five members.. ea¢h member guarantees an amount not
exceeding £10 in the event of the winding up of the Company.
7. Investmgnt aosets
2021
2020
Market V81ue blfvvd
Add..
Acquisitions at cost
Dividend income for the year
Net gain8 on revalu81ion
1.509.773
50.000
20,282
176,352
1,756.407
1,483.359
24,396
2,018
1,509,773
Histoncal c08t
1.178071
1.128.071
Malerlal investments valued 8t more th8n 5% of the portfolio 8r8'.
Vanguard LlleSlr8lagy
1.756.407
1000
8. D•btor•: Amounts f•llSng du• wlthln ono ￿ar
2021
2020
Accrued inGom•
other debtor8
101,108
15,987
117093
9. Cf•dltors'. Amounts falllng du• wlthln one y•ar
2021
2020
Acwunlancy fees
Deferred income {renl in advanGel
Servlce charge
4,274
28,750
4,274
10,794
33,Q24
10. Movement In dgferr•d In¢omo
2021
2020
Deferred income brought fo￿ard
Incoming funds released lo Stalemont of Financi81
Activities
Amount deferred thi8 yaar
62,452
162.4521
28,750
28,750
28.750
62.452
12

Tan•ka UK Japan Educatlonal Foundatlon Llmlted
Notes to the Flnanclal Statements (continued)
For thg Yoor Endod 30 Soptfrmbgr 2021
11. Trustees. remuneratlon and expenses
Ms Fumiko Danno was remunerated £1.00012020.. £1,000) during the year in relation to administration and
management. 0th8rwi59 no Trust09 or member of thg managgmenl Gommillee were paid any remuneration during
the period.
Expenses were reimbursed lo INK)12020'. one) Tnjstees in the year lotalling £58112020-. £7311 relating lo
travel and accomodaty'on costs.
No Tru8tee or other person related lo the Company had any personal Interest ￿n any contact or tr8n88clion
entered into by the Company during the period.
12. Ralated party transactlons
During the year, the company paid £nil12020.. £53.2151 lo the Tanak8 Ikueik8i Educational Foundation
(Technos College). The Tanaka Ikueik8i Educational Found81ion owns 99 out of 100 membarship 'shares' in Technos
International (Oxford) Limited. 8 Company under Gommon Control.
13. Analy81• of n•t b•twoen fund#
Unr•strlct•d
Funds
2021
UnroStrlct•d
Funds
2020
Total
2021
Total
2020
Flxed a88e18
Current a8sel8
Current liabilitSe8
1,756,407
799.621
33.024
2 523 004
1,758,407
799,621
33,024
2 523 004
1,509,773
6S2.062
15.068
2 146 767
1,509,773
652,062
15,068
2 146 767
14. Mov•m•nt In fund•
Incomlng
r••ourc
Outgolng
r••ourc••
At30
$•pt•mber
2021
Octob•r
2020
Tran•f•rn
Unrostrlctod funds:
General funds
2, 146,767
412,740
36,503
2,523,004
Total funds
2 146 707
2 523 004
Movem•nt in fund$ in respgGt of the Gomparalive pgrlod..
Incoming
resources
Outgoing
res¢urce8
At30
September
2020
October
2019
Transfers
UnreBtri¢tgd fundj:
Gener81 funds
2,042,087
209.744
105.064
2,146.767
Total funds
2 042 087
2 146 767
13

Tanaka UK Japan Educ8tlonal Foundation Llmlted
N¢)t•s to th• Financial Stat?monts {continuod)
For the Year Ended 30 SePt￿bar 2021
15. Flnanclal commltments
The charity has financial commltmen18 of £239.13512020.- £239,135) In relatlon to property repaSr co818.
16. COmpar￿v• 8tst•m•nt of Fin•nGlal ktlvltios
All Incomé and 8xp&nditum in re18tion to tha prlor period was Un￿￿trIcted.
14