REGISTERED CHARTTY NUMBER: 1165474
Report of Éh¢ Trwt¢es and
Unaudited Flnatt¢l*l StatrmeDts for th¢ Year EDded 31 AUg￿8t 2021
ror
Th¢ Ajhfonl Sehool Fouttd•ti0o

Th¢ Ashford Sehwl FotAndgtkn
Contents of the FIDa#el#l St*tsmeAts
for tb¢ Year Ended JI August 2021
Report of the Trustees
Independent Examlner'$ Report
StatttheDt of Finanel*l Artlvtti¢s
Balance Sheet
Notes to the Flnao¢lo1 Statemellts
6 to 10
Detslled Stat¢ment of Fln*ncAal A¢tlvltles

The Ashford School Foulldatio
Report of the Trustees
for the Year Ended 31 August 21)21
REFERENCE AND ADMINIST114TIVE DETAIIS
Regtst¢red Ch*rhy ￿ll￿ber
1165474
Reglstered offlce
The Foundation Office
Ashford Sch￿1
Easl Hill
Ashford
Kent
rN24 8PB
Trustees
The Venerable R¢v¢Tend Stephen Taylor- Chairnian
Michael Hall- Head Teach¢r of Ashfiyd School
Nicola Brigh¢lin
Rory Montgomerie
Sarah Ker5haw
Katherine Floyd- appointed 24 FetAWy 2021
Independent Examlner
Sarah Adamson
Digges Barn
Out Elmstead Lane
Barham
Canierbury
Keni
CT4 6PH
Sollcltors
Stone Kin8
13 Queen Square
Baih
BAI 2HJ
Investment MAni8ers
Brooks Macdonald
72 Welbeck Street
London
WIGOAY
Approved by ord¢rof the oftrweeson................ ........................
sign&J on its behalf by:
TheV¢
rable Reverend Steph
ayltr MBE- Chair of Trustees

Independettt ExamiDer's Report to the of
The Ashford School FoulldatiOD
Independe￿t exsmlner's report to the trustees of Th¢ Ashford ￿￿001 FouDd8tion {'the Compally,)
I report to the charity ttwrees on my ¢xamination of the accounts for the year ended 31 August 2021.
Re5PODsibllltles *nd ba$ts ofrnport
As the cbariW5 ttustees you are responsible for pre1¥￿0￿ of the aceovDts tn accordance with the ro4uir¢ments of
the Chari¢ies Act 2011 (Ihe Ad).
I relxirt in respect of my examination of yow cbarity's ￿o￿lts as carried out U￿]er Section 145 of the Charities Act
2011. In ¢arrying out my examination I have follow￿ the DiTeCtI￿ given by the Charity Commission under sKiion
145{5) (b) of the 2011 Act.
IDdepettdent eiamlner'g st*temeDt
I have completed my examination. l ¢onfinn that no maners have come to my attention in conn￿lon with th¢
c￿arnIn4t10n giving me ¢ause to believe that in any mwerial rwect:
the accounting records were not kept in x¢orda￿e with section 130 of the Charities Ac¢ or
the accounts did not accord with the a¢￿u￿tIng records. or
the accounts did not comply with the applicable wuirem¢rtts concerntng the forn] and content of the
a¢counts set oul in the Chariiies (Acc(NJnts and Re￿1￿} Regulation 2(K)8 other than any requiremeni that the
accounts give a'true and fair. view which is Dot a matter coL8idered &4 part of In independeni ¢xomin4tion
I have no concerns ond have come a¢r0s5 no other matters in comiection with th¢ examin*ion to which attention Should
be drawn in this rewi in order to ¢nable a proFYr UDdersrandin8 of the be reached.
Sarah Adamson
Di￿ge5 Barn
Out Elmstead Lane
Barham
Canteloury
Kent
CT4 6PH
Page 3

The Ashford S¢hool Foundatm
Statement of Financial A¢tfvilies
for the Yur Ended 31 Aws¢ 2021
2021
2020
Total
funds
Unrestricted Restricted
fimd
fi￿dS
funds
Notes
INCOME AND ENDOWMENfs FROM
Donations and legacies
1.547
I 1387
7.656
Investtnent incthne
17.859
Totsl
10.459
1&165
28.624
25,515
EXPENDITURE ON
Raising ￿ndS
2.516
2,578
4.715
Ch•rltable oetlvltles
Bursary to senior school pupils
Grant for Capit￿ expendiwre
1.070
4.452
21,862
6.429
22.932
10,881
23,490
her
250
750
750
Tot*1
8288
31.369
39,657
28,955
Gains on sales of inyestments
NET INCOMEI(EXPENDITURE)
8.IIY2
(7.664)
438
3,518
Gainsl(low) (m revaluation of investsnents
26.588
24.839
31.427
(6,923)
34,69)
17.175
51.865
(3.405)
RECONCILIATION OF FUNDS
Totsl tUDds brought forward
326297
241.323
567,620
571.025
TOTAL FUNDS CARRIED FORWARD
238 498
567 620
The n(rtes fomi F￿rt of these fmancial #atements
Page 4

The Ashford SehoDI FouDdatio
Balance Sheet
31 A¥gu$t 2021
2021
2020
Total
funds
fimd
funds
FIXED ASSETS
Investmen
296.893
277J68
574261
508,939
CURRENT ASSETS
Cash in hand
65.414
3.492
68,906
82.921
CREDITORS
Amounts falling due wtthin one year
(lJ20)
(21362)
(23,682)
(24,240)
NET CURREiYf A&SETS
45224
58.681
TOTAL ASSETS LESS CURRENT
LIABILITIES
360.987
258,498
619.485
567,620
NET ASSETS
258,498
619485
567.620
Unrestricted fimd5
Restricted fi]nds
360.987
258 498
326.297
241.323
TOTAL FUNDS
619485
567.620
The notes forni of these fubancial stateM￿ts
Page S

The Ashford Sch￿1 FouDd8¢10
Note$ to the FAn8ncial Statew¢Dts
for tbe Ye•r Ended 31 August 2021
ACCOUNfiNG POLICIES
Basis off prep¥4riDg the Ilnincial st*tem¢nts
The financial Suements of the ¢harity. which TS a public ttnefit entity und¢r FRS 102, have been prepared in
accordanc¢ with the Charilies SORP IFRS 102) 'Accountxng and Reporting by Chariti¢s: Statemeni of
Recommended Practice applicable to chariti¢S pr¢wing their accounts in accordance with the Finan¢ial
Reporting Standard applicable in the UK and Republie of Ireiand (FRS 102) {¢ffective l January 2019),.
Financial Reporting Stsndard 102 The Financial Reporting Standard applicable in th¢ UK and Republic of
¢land'. The finan¢ial statements have been Fyepared under th¢ historical c4JSt conventiffi, with the excewion of
investsnents which are included at motk# valu
Ineotne
All income 1$ rwised in the StytMn¢nt of Ftnancial A￿1vItieS onrx the charity ¢nti¢l¢mcnt to the fund& 1¢
is probable that the in¢ome will be re¢eivryJ and the amowii can ￿ mwured reliabty.
Expendltllr¢
Liabilities are recognised &$ expenditure as soon Ls thtre is a legal or construciive obligation committtng the
harity to thai expenditure. it is PTobable that a trnnsf¢r of economic benefits will be r¢quir¢d in settlement and
the amount of the obligalion can be mt05ured reliably. Expthditure is I￿oWIt?￿ for on an accntal$ b&si5 and has
been classified under headings th* a88regate all cost rel￿ed to the category. Where ¢osts cannot be dir¢¢tly
a¢tribut¢d to parti¢ular headings they hav¢ be￿ allocated to xtiviti¢s on a basis ¢onsistent with th¢ use of
r¢sources.
Taxatlon
The chariiy is exempt from corrx)raticrf) tsx on its chritable a¢tiviiies.
Fund *¢countln8
Unrestricted funds can be used in accordan￿ with the charitabl¢ obj¢¢tive8 at the dixretion of the tN$tee$.
Restricted fith(ts can onty be used fcrf particular restrict￿ purrM)w within the objects of the ¢haTity.
Restrictions arise when specifi￿ by the thDor(r whffi fimds are rnised fw particulAT restrieted PUT[￿¢5.
The Bratby-malpas fund is restricted io providing bursary wisthnce to students who attended th¢ junior school.
The &%si5ted places fI￿d 1$ restricted to providing financial assistance towards school and the capital
proj￿l% fund reflects donations given specifically wwards development of school faciliiies.
INVESTMENT INCOME
2021
2020
Dividends
RAISING FUNDS
2021
2020
Investment management
Donation ¢051e¢tion fees
4.833
261
4,456
259
Page 6
continu¢d..

The A51tford Sebool FoundatloD
Notes to the FiTranciai StsteJDtDts- eO#tinued
for the Year Ended 31 August 21r21
NET INCOMEI(EXPENDITURE)
N¢t iDcomel(exk￿￿IlU[e) is ststed after chargin￿((￿litID8).
2021
2020
750
750
TRUSTELS. REMUNERATION AND BENEFITS
There were llo tru5tees' remunernion or other benefity ts the year ended 31 Augusi 2021 nor for the year ¢n(kd
31 Au8USt 2020.
Trustees, ¢xpenses
Th¢re were no tnLSte¢s' expeDS¢S poid for the year ended 31 Augu5t2021 nor for the year ended
31 August 2020.
COMPARATIVES FOR THE STATEMENf OF FINANCIAL AcfiviTIES
Unrutricted
fund
Restricted
fund$
Totsl
fijnds
INCOME AND ENDOWMEiYfs FROM
Donations ond legacies
2.364
5.292
7,656
Investment incom¢
626
Total
11.597
13.918
25.515
EXPENDITURE ON
Raising fund5
2.384
2,331
4.715
Chthrftsbk actlvltles
Bursary to senior school pupils
14,436
9.054
23,4
Other
232
518
750
TotAI
17.052
11,903
28.955
Net gains on investments
18
17
35
NET INCOMFJ(EXPENDITURE)
(5.437)
2,032
(3,405)
RECONCILIATION OF FUI¥DS
TotAI fvnds brought fornrd
331.734
239291
571.025
TOTAL FUNDS CARRtED FORWARD
326
241323
Pa8¢ 8
ontinued...

The Ashford Sehool FovDd*tioD
Notes to the FlniTrci&l StstemeDts- eontiBued
for the Year Ended 31 August 2021
FIXED ASSET INVESTMEiYrs
Listed
investments
MARKET VALUE
At I September 2020
Additions
Disposals
481,565
140.897
127,002
At 31 August 2021
495 460
PROVISIONS
At I September 2020
Ftrovision for year
(27,374)
At 31 August 2021
78.801)
NET BOOK VALUE
At 31 August 2021
574 261
At 31 Augus¢ 2020
508 939
There were no invutment a&sets outsid¢ the UK.
CREDrroRS: Amouiyfs FALLING DUE WITHtN ONE YEAR
2021
2020
Accrued expenses
MOVEMENT IN FUNDS
Net
rnovem¢nt
At
31.821
At 1.9.20
Unrestricted funds
General fund
326297
34,690
360,987
Restricted funds
Bntby-malpas fijnd
Capital projects fund
236.490
4.833
22,008
258.498
241
17,175
258.498
TOTAL FUNDS
567 620
619485
Pa8e 8
¢olltinue41..

Tb¢ Ashford S¢bool FO￿ndati
Notes to the Financial StsteJDeDts- ¢oDtinued
for tbe Year Ended 31 A￿g￿$t 2021
MOVEMENT IN FUNDS- co#ti4ued
Net movement tn included in the above ar¢ as follows:
Incoming
Gains and
losses
Movement
in funds
ex￿nded
Unre5tri¢ted funds
Generdl fimd
10,459
(8,288)
32.519
34,690
Restrktsd funds
Brdtby-malpas fund
Assistrd places fimd
Capitsl projects fund
8J25
8,075
(16,696)
{8.075)
30.379
22.008
4.833)
30.379
TOTAL FUNDS
28.624
39.657)
Comparatlves for movemelll ID
N¢1
movem¢nt
in fimd5
At
31.8.20
At 1.9.19
Unrestricted
General fi￿d
331,734
(5.437)
326,297
Restricted fulld$
Br#tby-Malpas fimd
Capital projects fijnd
236.490
236,490
2.032
241.323
TOTAL FUI¥DS
571025
567 620
Comparative movenient fiJDd& ith¢luded in the above as follows:
IncomiDg
Resources
eX[￿d
Gains and
105ses
Movement
in fi]nds
Unrestrieted funds
G¢n¢ra] fund
l iJ97
(17.052)
18
{5.437)
Re$tTiCted funds
Bratby-Malp&8 fi]nd
Assisted places fimd
Capitsl projects fi]nd
8,626
2,952
2.340
(8,643)
(2,952)
308
17
2.032
13.918
11.903
17
TOTAL FUNIYS
25.515
28.955)
35
3.405)
Pa8¢ 9
continued...

The A8bford S¢bool Foundatio
Notes to the FTnan¢i*l StaleTreDts- eottthilled
for the Year Ended 31 Augujt 2021
MOVEMENT ll¥ FUNDS- contlDued
A ¢UTrentyear 12 months and wior year 12 tnonttLS Cotnbined w)sition is follows:
Net
movement
At
31.821
Ai 1.9.19
Unrestricteil thnds
G￿traI fiuHI
331.734
29253
360.987
Restrieted funds
Brdtby-Maip&5 fimd
Capital Projects fund
236,490
2.801
22,008
2,801
258.498
239
19207
258,498
TOTAL FUNDS
571,025
48.460
619485
A current year 12 m¢)nths and Pri￿ year 12 months combined net movemellt in fthids, included in the above aTe
&s follows..
Incomillg Resources Gains and
tesvjrtes expended
losses
Movement
in fimds
Unrestrieted hnds
General fijnd
22,056
(25J40)
31537
29.253
Restricted fundi
B￿by-MaIp￿ filltd
Assisted places fimd
Capital proj¢¢ts fund
16.951
11,027
{25J39)
(11,02D
30)
22,008
.801
43
72
19207
TOTAL FUNDS
54.139
68.612
48.460
io.
RELATED PARTY DISCLOSURES
There were r¢lat¢d paty transactions for the year ended 31 August 2021.
Page 10
This rAg¢ does not fwm part of the slatuiory fin#n¢ial &atements
Pagell