## |||Page|| |---|---|---|---| |Report ofthe Trustees|i|to|4| |Report ofthe Independent
Auditors|5|to|7| |Statement ofFinancial Activities|||| |Balance Sheet|||| |Cash Flow Statement||10|| |Notes to the Cash Flow Statement|||| |Notes to the Financial Statements|l2|io|17| |Detailed Statement efFinancial Activities||18|| ## ## ## ## |making. ss stated above, and meets the additional

unrestricted:|goal of 2'/e ofnet investment
assets.|Gnmts
wer| |---|---|---| |||6| |Nonh Paddingum
Food Bank
Henley Festival Trust
Medicins Sans Frontieres|May 2020
Feb 2021
Msr 2021|1300
3,000
25,000| |Macmillan
Cancer Suppon
Nonh Paddington
Food Bunk|Mar 2021
Apr 2021|IO.NO
1,600| ## ## ## ## ## ## |Assets|a/o|ofPortfolio| |---|---|---| |Bonds||31?/o| |Equitics||50.2'/o| |Alternatives||4.3/o| |Cash||14.3%| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||ForThe Period 6April 2020t|o31July 2021|| |---|---|---|---| |||Period|| |||6.4.20|| |||to|Year Ended| |||31.7?I|5.4.20| |||Unrestricted|Total| |||fund|funds| ||||as restated| ||||f| |INCOME AND ENDOWMENTS FROM|||| |Donations and legacies||25,078|1,524837| |investment
income||18%6|| |||43.334|1,525,233| |EXPENDITURE ON|||| |Charitable
activities
Charitable
Governance costs||43,098|2,000
1,920| |Total||43,098|| |Net gains on investmcnts||15382|209,458| |NETINCOME||15JII8|1,730,771| |RECONCILIATION|QF FUNDS||| |Total funds brought
As previously
reported
Prior year adjustment|fortrard|2,403,802
(381,122)|291,909| |||2,022,68D|291,909| |TOTALFUNDSCA|RRIEDFORWARD|2,038,298|2,022,6SO| ## ## ||||||Balaace|Sheet|||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||31Jsly|2021|||||||| |||||||||||31.7.21||5.4.20|| |||||||||||Unresnicted||Total|| |||||||||||lund||funds|| |||||||||||||es fcsuncd|| |||||||||||||E|| |FIXKDASSETS|||||||||||||| |Invcsuncnts||||10||||||1,749,083||1,734,043|| |CURRENT ABETS|||||||||||||| |Geh at bank||||||||||291,134||671,679|| |CREDITORS|||||||||||||| |Ammmts
falling due within one year||||||||||(1,919)||l383,042)|| |||||||||||289,21S||288,637|| |TOTAL ASSETSLESSCURRENT|||||||||||||| |l,lABILITIKS||||||||||2,038.298||2,0222010|| |NKT ASSETS||||||||||2,038.298||2,022,680|| |FLNDS
Unrestricwl
ftmds||||12||||||2.038~||2,022,680|| |TOTAI. FUNDS||||||||||2,038,298||2,022.680|| |Thc
fmwtcisi|suttcments|warn|apptuued|by|the|Board|of|Trustees|snd|authorised|for|Issue|on| ||..~....and were signed on its behalf by:||||||||||||| ## ||F|orThe Period 6April|2020to31July 2021|| |---|---|---|---|---| ||||Period|| ||||6,4.20|| ||||to|Year Ended| ||||31.721|5.4.20| |||||as resuued| |||Notes||| |Cash Bows fr»m operating|activities|||| |Cash generated
fium operations||I|(399,143)|1,903,659| |Net cash (used in)/provided|by operating|activities|(399,143)|1,903,659| |Cash Bows from investing activides
Purchase oflixed asset investmtmts|||(1.416293)|(1824.485)| |Saleoffixed asset invmunents|||1,416,635|| |interest received|||144|| |Dividends
received|||18.112|| |Net cash pmvidcd
by/(used|in) investing|activities|18,598|(1,523,789)| |Change in cash aud cash equivalents
the reporting period||in|(380445)|3793170| |Cash and cash equivalents
beginning ofthe repordng|at tbe
period||671,679|291,809| |Cash and cash equivalents
the reporting peried|at the end|of|291,134|671J)79| ||||Notes to the Cash Flow Statement
forThe Period 6April 2020to31July 2021|Notes to the Cash Flow Statement
forThe Period 6April 2020to31July 2021|Notes to the Cash Flow Statement
forThe Period 6April 2020to31July 2021|Notes to the Cash Flow Statement
forThe Period 6April 2020to31July 2021| |---|---|---|---|---|---|---| ||RECONClLIATION||OF NKT INCOME TO NKT CASH FLOW FROM OPERATING ACTIVITIES
Period|||| ||||||6.4.20|| ||||||to|Year Ended| ||||||7.21
31.|5.4.20| |||||||as Icsmted| ||||||8|8| ||Net income for the
Activities)|reporthtg||period (asper the Statement ofFinancial|15,618|1,730.771| ||Adjustments
for:
Gain on investments
Intctest received
Dividends
received
(Decrease)/increase|in|creditors||(15,382)
(144)
(1$,112)
(381,123)|(209.458)
(696)
3$3,042| ||Net cash (used in)/providel|||hy operations|(399.143)|1,903,659| |2.|ANALYSIS OF CHANGES|||IN NKT FUNDS||| |||||At6.4.20|Cash flow|At 31.7.21| |||||6|E|6| ||Net cash
Cash at bank|||671,6/9|(380,545)|291,134| |||||671,679|(380845)|291,134| ||Total|||671.679|(380,545 )|291,134| ## ## ## ## ## ## ## ## ## ## ||||||||Period|| |---|---|---|---|---|---|---|---|---| ||||||||6.4.20|| ||||||||to|Ymr Ended| ||||||||31.7.21|5.4.20| |||||||||as restated| ||||||||f|| ||Donations||||||25,078|1,524,486| ||GIRaid|||||||51| ||||||||25,078|1.524,537| |3.|INVESTMENT INCOME|||||||| ||||||||Period|| ||||||||6.4.20|| |||||||||Year Ended| ||||||||31.7.21|5.4.20| |||||||||as restated| ||||||||f|f| ||Dividends
rcccived
Deposit account interest||||||18,112
144|| ||||||||18,256|| |4.|CHARITABLE ACfIVITIKS COSTS|||||||| |||||||Grant||| |||||||funding of||| |||||||actlvlttcs|Support|| |||||Direct||(see note|costs (see|| |||||Costs
f||5)f|note 6)
f|Totalsf| ||Charitable||||78|41,100|1,920|43,098| |5.|GRANTS|PAYABLK|||||Pcriod|| ||||||||6.4.20|| |||||||||Year Ended| ||||||||31.721|5.4.20| |||||||||as restated| ||||||||f|f| ||Chariuthte||||||41,100|2.000| ||The total grants paid to institutions|||during the period was|as follows:||Period|| ||||||||6.4.20|| ||||||||lo|Year Ended| ||||||||31.7.21|5.4.20| |||||||||as restated| ||||||||f|f,| ||Macmillan
Cancer Support
Henley Festival
Medicine Sans Fronticrcs
North Paddington
Food Bank||||||10,000
3,000
25,000
3,100|2,000| ||||||||41,100|| ## ## ## ## ## |Tfllsteel
axpcllscs||| |---|---|---| |There were no trustees'|expenses paid for the period ended 31 July 2021 nor for the year ended 5 April 2020.|| |COMPARATIVES FOR THK STATEMENT OF FINANCIAL ACTIVITIES||| |||Unrestricted| |||fund| |||as restatedf| |INCOME AND ENDOWMENTS FROM
Donations and legacies||1,524,537| |lnvestmem
income||| |Tousl||1.525,233| |EXPENDITURE ON||| |Charitaide
activithn
Charitable
Governance costs||2,000
1,920| |Tatal||3,920| |Net gains on investments||209,458| |NET INCOME||1,730,771| |RECONCILIATION|OF FUNDS|| |Total funds brought|forward|| |TOTAL FUNDS CARRIED FORWARD||2,022,680| ## ## |10.|FIXEDA|SSET|INVESTMENTS||||| |---|---|---|---|---|---|---|---| ||||||||Listed| ||||||||investments| ||MARKET|VALUE|||||| ||At6 April
Additions|2020|||||1,734,043
1,416,293| ||Disposals||||||(1.416.635)| ||Revaluauons||||||15,382| ||At 31 July|2021|||||1,749,083| ||NKT BOOKVALUE||||||| ||At 31 July|2021|||||1,749,083| ||At 5 April|2020|||||1,734,043| ||The investment||assets are domiciled|in Ireland.|||| ||Cost or valuation||at 31July 2021 is|represented|by:||| ||||||||Listed| ||||||||lnvcsnnents| ||||||||8| ||Valuaticm
Valuation
Cost|in 2020
in 2021|||||97,421
15,382
1.636380| ||||||||1,749,083| |11.|CREDITORS:||AMOUNTS FALLING DUE||WITHIN ONE YEAR|31,7.21|5.4.20| ||||||||as restated| ||||||||8| ||Other creditors|||||1,919|383,042| ## |It&OVEMKNT|IN FUNDS||||||||| |---|---|---|---|---|---|---|---|---|---| ||||||||Prior|Net|| ||||||||yOII'|movenumt|At| ||||||At 6.4.20||adjustment
f|in funds|31.7.21| |Unrestricted
Generai
fund|funds||||2,403.802||(381.122 )|15,618|2,038&8| |TOTAL FUNDS|||||2,403,802||(381,122)|15,61$|2,038498| |Net movement|in funds, included|||in the above|am ss|follows:|||| |||||||incoming
resources||Gains and
losses|Movement
in funds| |||||||f|||E| |Unrcstricted
General fund|funds|||||43,334|(43,098)|15,382|15,618| |TOTALFUNDS||||||43,334|(43.09$)|15,3$2|15,618| |Comparativcs|for movement||in|funds|||||| |||||||||Net|| |||||||||movement|At| ||||||||At 6.4.19|in funds|5.4.20| ||||||||E|E|E| |Unrestricted
General
fund|funds||||||291,909|1,730,771|2,022,6&0| |TOTAL FUNDS|||||||291.909|1,730,771|2,022,6$0| |Comparative|net movement|in|funds. included||in the above are as follows:||||| |||||||Incoming
resources|Resomccs
expended|Gains and
losses|Movement
in funds| |||||||f|E|E|| |Unrestricted
General
fund|funds||||I&25&3||(3.920)|209,458|1,730,771| |TOTAL FUNDS||||||I„525233|(3,920)|209,458|1,730,771| ##