## |QN|I|I NAN|I NAN|I NAN|||The William Barrow's Charity|The William Barrow's Charity|||| |---|---|---|---|---|---|---|---|---|---|---|---| |A Charitable|||||I co|orated|Charities Commission:
Registered|||number:|1172933| |QZynis~igg|||||||Companies
House:|Registered|number:||CE009923| |Address|||||||c/o Clerk to the Trustees,||||| ||||||||43Park Road,||||| ||||||||Sittingboume,||||| ||||||||Kent.|ME10 1DY|||| |Trustees|||Names||||Mr. S.C. Batt (Chair|ofTrustees)|||| ||||||||Mr. G.A. Wetherell|(Vice Chair|ofTrustees)||| ||||||||Mr. D. Dewar-Whalley||||| ||||||||Mr. R.P.R. Dixon||||| ||||||||Mr. E.G. Doubleday||||| ||||||||Mrs. C.Ford||||| ||||||||Mr. G. Herbert - appointed 01October 2021||||| ||||||||Fr. R.D. Lane||||| ||||||||Mr. J.Mair - appointed
01 October|||2021|| |A~giinte|||I|Trusts||8|Nominated
Trustee|- Kent County Council (No.1)- Vacant|||| ||||||||Ex-officio Trustee -|The Vicar ofBorden (No.1)- Fr. R.D. Lane|||| ||||||||Co-opted Trustees|- by appointment||(Nos.8)|| |I~IAd|||I||||Brachere||||| ||||||||Somerfield
House||||| ||||||||59,London Road||||| ||||||||Maidstone|ME168JH|||| |inineg~end||||01|||||||| |Auditors|||||||JADAudit
Ltd||||| ||||||||Chartered
Accountants||||| ||||||||4, Bloors Lane,||||| ||||||||Rainham,||||| ||||||||Giiling
ham,||||| ||||||||Kent|ME8 7EG|||| |Bankers|||||||Handelsbanken||||| ||||||||Suite 5, 2nd Floor North,||||| ||||||||Fitted Rigging House,||||| ||||||||The Historic Dockyard,||||| ||||||||Chatham,||||| ||||||||Kent|ME4 4TZ|||| |Invesm||||tA|vi ers||Charles Stanley &Co Limrted||||| ||||||||55, Bishopsgate,||||| ||||||||London|EC2N 3AS|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Restricted||Total|Total| |---|---|---|---|---|---|---|---|---| |||||Income|Income|Endowment|Funds|Funds| |||||Fund|Fund|Fund|31/12/2021|31/12/2020| ||||Note||5|f|5|f| |Income||||||||| |Rents and other property income||||||||| |receivable||||249,078|||249,078|256,927| |Investment
income||||21,872|||21,872|20,897| |Donation|||||||0|25,000| |Total||||270,950|||270,950|302,824| |~Edit||||||||| |Charitable activities||||||||| |Educational
grants||||||||| |Clause 3(2)aSchool grants||||33,538|||33,638|33,000| |Clause 3(2)b Individual||grants||27,000|||27,000|45,000| |Hardship
grants||||||||| |Clause 3(1)aGrants lo||pensioners||16,500|||18,500|12,000| |Clause 3(1)a Grants to||younger||||||| |persons||||14,100|||14,100|21,150| |Clause 3{1)cGrants to||bodies||14,405|||14,405|7,000| |Governance costs||||44,479||4,860|49,339|33,978| |||||150,122||4,88Q|154,982|152,12$| |Cost ofraising funds||||||||| |Property management|including|||||||| |repairs and professional||costs||108,940|||108,940|163,172| |Investment
management||costs||12,432|||12,432|10,649| |Total||||271,494||4,860|276,354|325,94$| |Net income/(expenditure)||before||||||| |investment
gains/(losses)||||(544)||(4,860)|{5,404)|(23,125)| |Surplus/(deficit)
on disposal of||||||||| |investments||||2,527||127|2,654|8,326| |Surplus/(deficit)
on revaluation|||of|||||| |investments||||29,193||44,297|73,490|69,470| |Surplusl(deficit)
on disposal of||||||||| |property||||||{114,625)|(114,625)|| |Surplus/(deficit)
on revaluation|||of|||||| |property||||||3,088,200|3,088,200|28,000| |filet gains/(losses)
on investments||||31,720||3,017,999|3,049,719|105,796| |Net movementin
funds||||31,176||3,013,139|3,044,315|82,871| |Total Funds at 01January||2021||984,112|25,000|8,487,620|9,496,732|9,414,061| |Total Funds at 91December 2021||||1,015,288|25,000|11,500,759|12,541,047|$„496,732| ## |THE WILLIAII BA
954)li(tfgg 8~HE|RROVIPS CHARITY|RROVIPS CHARITY|||||| |---|---|---|---|---|---|---|---| |F|NDED 31DE EIIB||2021||||| ||||||2021||2020| ||||Note||E||F| |Fixed Assets|||||||| |Tangible fixed assets|||8||||4,860| |Investment
properties|||9||10,893,200||8,185,000| |Investments|||10||976,614||912,568| ||||||11,869,814||9,102,428| |Current Assets|||||||| |Cash at bank||||705,847||437,292|| |Debtors|||11|15,857||13,506|| |||||721,704||450,798|| |Creditors - amounts||falling due|||||| |within one year|||12|(50,471)||(56,494)|| |Net current assets|||||671,233||394,304| |Total Net Assets|||13||12,541,047||9,496,732| |n
fthe Chari|||||||| |Unrestricted
Income||Fund|14||1,015,288||984,'i12| |Restricted Income|Fund||15||25,000||25,000| |Endowment
Fund|||||11,500,759||8,487,620| |Total Funds|||||12,541,047||9,496,732| ## ## ## ## |||2021|2020| |---|---|---|---| |||f|F| |Listed|investments|21,872|20,290| |Bank|interest||607| |||21,872|20,897| ## ||||||||2021|2020| |---|---|---|---|---|---|---|---|---| ||||||||f|E| ||Parochial
Parish ofBorden||||||7,000|7,000| ||Sittingbourne
Scouts||||||1,800|| ||Borden Sports Association||||||5,605|| ||||||||14,405|7,000| |8|Governance costs|||||||| ||||||Unrestricted||2021|2020| ||||||Income|Endowment|Total|Total| ||||||Fundf|Fundf|Fundsf|Fundsf| ||Clerk's salary||||19,200||19,200|19,200| ||Barrow Room expenses||||1,152||1,152|425| ||Accountancy
fees||||3,800||3,800|4,250| ||Auditors' fee||||5,400||5,400|5,700| ||Professional fees||||7,500||7,500|1,258| ||Web hosting||||1,197||1,197|385| ||Publication
costs|||||||(77)| ||Website depreciation|charge||||4,860|4,860|2,777| ||Sundry expenses||||6,230||6,230|60| ||||||44,479|4,860|49,339|33,978| |7|Auditors'
remuneration|||||||| ||||||||2021|2020| ||Fees payable to the Charity's|||auditor and its associates for||||| ||the audit ofthe Charity's||annual||financial statements||5,400|5,700| ## ## |FO|RTHE YEA
ND D31D
M|||| |---|---|---|---|---| |8|Tangible fixed assets|||| ||Website||2021|2020| ||||6|6| ||Cost at01 January 2021 and 31 December 2021||13,885|13,885| ||Depreciation
at01 January 2021||9,025|6,248| ||Charge for the period||4,860|2,777| ||Depreciation
at 31December 2021||13,885|9,025| ||Net book value at 31 December 2021|||4,860| |8|Investment
properties|||| |||Unrestricted||| |||Income|Endowment|2021| |||Fund|Fund|Total| |||F|6|| ||Valuation at 01 January 2021|285,000|7,900,000|8,185,000| ||Transfer at valuadon|(285,000)|285,000|| ||Disposai at valuation||(380,000)|(380,000)| ||Revaluation
surplus
in year||3,088,200|3,088,200| ||Valuation at 31 December 2021||10,893,200|10,893,200| ## |financial statements.
Invimtments||| |---|---|---| ||2021|2020| ||6|6| |Endowment
Fund||| |[see Note 10(a)]|494,031|455,659| |Unresb icted Income Fund||| |[see Note 10(b)]|482,583|456,909| ||976,614|912,568| ## ## ||representing
aE194,581 surplus|on co|st (2020:E116,|068surplus
on co|st).|| |---|---|---|---|---|---|---| ||||||Unrestricted|| |||||Endowment|Income|2021| |||||Fund|Fund
E|Totalf| ||Valuation at01 January 2021
Additions
in year at cost
Disposals at valuation
Revaluation
surplus
in year
Cash movements|||455,659
19,379
(9,408)
44,297
(15,896)|456,909
13,495
(12,994)
29,193
(4,020)|912,568
32,874
(22,402)
73,490
(19,916)| ||Valuation at 31 December 2021|||494,031|482,583|976,614| |10|(a) Investments - Endowment|Fund||||| ||||Cost|Value|Cost|Value| ||||2021|2021|2020|2020| ||||E.p.|F.p.|E.p.|E.p.| ||49,177.23 Charles Stanley Monthly|||||| ||High Income||50,328.86|48,007.70|50,328.86|47,866.31| ||2,500Scottish Mortgage
Inv Trust|||||| ||Ord GBP0.05||10,557.50|33,437.50|10,557.50|30,350.00| ||4,500Centrica pic Ord GBP|||||| ||0.061728395||||5,902.65|2,097.00| ||1,768.43Jupiter
Unit Trust Managers|||||| ||Financial Opportunities||10,358.69|16,222.87|10,358.69|15,145.24| ||3,500 Vodaphone
Group Ord|||||| ||$0.2095238||7,308.00|3,929.10|7,308.00|4,232.90| ||500 Diageo Ord GBP0.28101/108||12,265.00|20,180.00|12,285.00|14,390.00| ||2,000 HSBC Holdings
PLC Ord|USD||||| ||0.50||14,742.00|8,973.00|14,742.00|7,577.00| ||750 Royal Dutch Shell BOrd 60.07||17,208.75|12,168.00|17,208.75|9,445.50| ||270 British American Tobacco Ord|||||| ||GBP0.25||||12,614.40|7,311.60| ||1,054 National
Grid Ord|||||| ||GBP0.12431289||9,745.28|11,170.29|9,745.28|9,117.10| ||1,100Aberforth
Smaller Cos Trust|||||| ||Ord GBP0.01||14,388.00|16,104,00|14,366.00|13,728.00| ||1,365 Herald investment
Trust Ord|||||| ||GBP0.25p||15,001.35|34,193.25|15,001.35|30,644.25| ||340.305Findlay Park Funds Pic|||||| ||American GBP Hedged||18,393.49|34,149.61|18,393.49|27,050.84| ||10,000Blackrock Frontier Markets|||||| ||Inv Tst USD 0.01||14,900.00|13,175.00|14,900.00|11,850.00| ||5,2103i Infrastructure
Ord NPV||12,823.80|18,469.45|12,823.80|16,046.80| ||Carried forward||207,998.72|270,179.77|226,515.77|246,852.54| ## |10|ta) Investments
-Endowm|ent|Fund (|continued)|||| |---|---|---|---|---|---|---|---| |||||Cost|Value|Cost|Value| |||||2021|2021|2020|2020| |||||E.p.|E.p.|Ep.|E.p.| ||Brought forward|||207,998.72|270,179.77|226,515.77|245,852.54| ||8,200 invesco Bond Income Plus Ltd||||||| ||Ord NPV|||16,174.50|15,354.50|16,174.50|15,559.50| ||6,445 Fidelity Special Vaiues Ord||||||| ||GBP0.05|||15,677.46|19,431.68|15,677.46|15,693.58| ||2,350AVI Global Trust Pic Ord GBP||||||| ||0.10|||16,297.25|25,427.00|16,297.2S|20,727.00| ||1,650 Biotech Growth Trust Ord||GBP||||| ||0.25|||13,612.50|19,602.00|13,612.50|26,004.00| ||1,150Legal &General GO|UCITS|||||| ||ETF Solutions pic|||9,543.56|21,624.59|9,543.56|19,909.38| ||4,700Vinacapital
Vietnam|Opp Fnd|||||| ||Ord USD 0.01|||14,989.30|24,252.00|14,989.30|19,975.00| ||15,829.14Henderson
Investment||||||| ||Funds Ltd Strategic Bond|||19,525.68|21,638.43|19,525.68|22,305.00| ||650First Trust Global Funds pic||FT||||| ||Dow Jones|||10,158.30|15,262.00|10,158.30|14,080.63| ||7,472 Octopus Renewables|Infra|TR||||| ||pic GBP0.01|||7,472.00|8,278.98|7,472.00|8,499.40| ||4,331Atrato Onsite Energy|pic Ord|||||| ||GBP0.01|||4,331.00|4,742.45||| ||9,000 Montanaro
Asset Management||||||| ||;Ltd Better World|||15,048.00|18,080.10||| ||Cash on Capital Account|||30,156.40|30,156.97|46,053.27|48,053.27| |||||380,984.67|494,030.47|396,019.59|455,659.30| |10|(b)Investments
-Unrestricted||Income|Fund|||| |||||Cost|Value|Cost|Value| |||||2021|2021|2020|2020| |||||E.p.|E.p.|E.p.|E.p.| ||1,500 Murray
International|Trust|Ord||||| ||GBP0.25|||17,820.00|17,340.00|17,820.00|16,950.00| ||1,381Tesco pic Ord GBP0.063333|||3,275.13|4,003.52|3,275.13|4,049.50| ||675 BHP Group pic USD0.50|||||8,872.88|12,993.75| ||650 GlaxoSmithKline
Ord GBP0.25|||9,675.25|10,442.90|9,675.25|8,723,00| ||200 Reckitt Benckiser Group Ord||||||| ||GBP 0.10|||13,626.00|12,684.00|13,626.00|13,084.00| ||Carried forward|||44,396.38|44,470.42|53,269.26|55,800.25| ## |10|(b)Investments
-Unrestricted|(b)Investments
-Unrestricted|Income Fund (continued)|Income Fund (continued)|Income Fund (continued)||| |---|---|---|---|---|---|---|---| |||||Cost|Value|Cost|Value| |||||2021|2021|2029|2020| |||||R.p.|E.p.|Ep.|8.p.| ||Brought forward|||44,396.38|44,470.42|53,269.26|55,800.25| ||1,860 Murray Income Trust|Ord|||||| ||GBP0.25|||23,812.50|17,074.80|23,812.50|15,475.20| ||300 Rio Tinto Ord GBP0.10|||10,419.00|14,676.00|'l0,419.00|16,410.00| ||692 Babcock tntl Grp Ord GBP60p|||5,726.30|2,204.71|5,726.30|1,936.91| ||44,903.7987Aviva Investors|UK|||||| ||SVCS Ltd Strategic Bond|||45,559.20|45,595.32|46,559.20|45,954.55| ||7,8943i infrastructure
Ord NPV|||19,430.00|27,984.23|19,430.00|24,313.52| ||Investment
Trust Ord GBP0.05|||20,949.50|42,185.00|20,949.50|31,735.00| ||5,000 Schroder Oriental Income||Fund||||| ||Ord GBP0.01|||12,537.50|13,425.00|12,537.50|13,075.00| ||1,000 Polar Cap Technology|Trust|||||| ||GBP0.25|||10,490.00|27,280.00|10,490.00|23,050.00| ||5,000JP Morgan Euro Discovery||||||| ||Trust PicOrd GBP0.05|||19,687.50|27,250.00|19,687.50|24,050.00| ||3,500 Schroder Asia Pacific|Ord GBP|||||| ||0.10|||14,910.00|20,650.00|14,910.00|21,490.00| ||9,500 Biackrock Continental|Eur|Inc||||| ||D Units|||15,200.00|'I8,282.75|15,200.00|16,724.75| ||1,750 BAE Systems Ord GBP 0,025|||11,051.25|9,621.50|11,051.25|8,554.0G| ||25,000 Miton UK Microcap Trust||Ord||||| ||GBP0.001|||15,750.00|22,375.00|15,750.00|17,400.0G| ||2,000Monks Investment
Trust Ord||||||| ||GBP0.05|||14,090.00|27,480.00|14,090.00|27,200.00| ||41,000 Schroder Unit Trust|Strategic|||||| ||Credit|||40,352.20|39,593.70|40,352.20|39,753.60| ||6,000 Baillie Gifford Shin Nippon||Ord||||| ||GBP0.02|||11,041.00|13,260.00|11,041.00|16,020.00| ||7,472 Octopus Renewables|Infra|||||| ||TRPLC GBP0.01|||7,472.00|8,278.98|7,472.00|8,499.40| ||10,000 FIL Investment
Services (UK)||||||| ||Ltd Global Dividend|||13,587.00|15,710.00|13,587.00|14,320.00| ||10,000Greencoat Wind pic|Ord|||||| ||GBP0.01|||13,495.24|14,060,00||| ||Cash on Capital Account|||31,126.02|31,126.02|35,146.74|35,146.74| |||||401,082.59|482,583.43|400,480.95|456,908.92| ## ## |11|Debtors||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||2021|2020| ||Prepayments||and accrued income|||||||15,857|13,506| |12|Creditors||||||||||| |||||||||||2021|2020| ||Accruals and||deferred||income|||||31,794|37,800| ||Tenants' deposits|||||||||18,677|18,694| |||||||||||60,471|56,494| |13|Analysis offund assets and|||||liabilities|||||| |||||||Unrestricted||Restricted||2021|2020| |||||||Income||Income|Endowment|Total|Total| |||||||Fund||Fund|Fund|Funds|Funds| |||||||||6|K|E|F| ||Charity website||||||||||4,860| ||Investment|properties|||||||10,893,200|10,893,200|8,185,000| ||Investments|||||482,584|||494,030|976,614|912,568| ||Cash at bank|||||567,318||25,000|113,529|705,847|437,292| ||Debtors|||||15,867||||15,857|13,506| ||Creditors|||||(50,471)||||(50,471)|(56,494)| |||||||1,015,288||25,000|11,500,759|12,541,047|9,496,732| |14|Unrestricted||Income||Fund||||||| |||||||||||Unrestricted|Unrestricted| |||||||||||Income|Income| |||||||||||Fund|Fund| |||||||||||2021
6|2020f| ||At 01 January||2021|||||||984,112|993,335| ||Net income|after||management||and governance|costs|||105,099|72,802| ||Charitable|expenditure||||||||(105,643)|(118,150)| ||Surplus an|disposal of|||investments|||||2,527|177| ||Surplus/(deficit)|||on revaluation||of investments||||29,193|35,948| ||At 31 December|||2021||||||1,01i5,288|984,112| ## ## ## |THE WILLIA
BARROW'S CHARIlY
INCOM
AND EXPENDITU
A C
UNT
F
TH
Y
EC||| |---|---|---| ||31December 2021f|31December 2020
6| |RECEIPTS EARNED FROM ASSETS||| |RENTAL INCOME||| |House and cottage rents|206,904|201,888| |Farm and other rents|41,837|54,651| |Wayleaves|337|388| ||249,078|256,927| |Less Dirac't Property expendlture. "-||| |Insurance
premium|9,704|9,704| |Agent and surveyors fees|39,971|46,772| |Property Repairs:||| |Ridtlles Farmhouse|1,510|40,275| |Riddles Cottage|4,205|5,185| |Barrow House and Forge House|3,951|2,069| |3,The Street|1,057|2,659| |1,The Street|273|482| |9, Maylam Gardens|14,595|1,959| |37, Maytam Gardens|185|1,877| |51,Mayiam Gardens|333|622| |53, Mayfam Gardens|6,664|10,766| |75, Mayiam Gardens|481|537| |77, Mayiam Gardens|553|2,481| |8, Russeil Close|668|9,445| |267, Park Road|375|1,115| |Rose Cottage|1,432|2,741| |Hooks Hole Farm|4,151|1,064| |Land at Apple Tree Cottage|2,670|2,963| |Land at Riddles|1,333|985| |The Forge|3,909|1,610| |Flat 1,Forge House|1,199|651| |Flat 2, Forge House|410|1,742| |Flat 1, Barrow House|2,777|1,486| |Flat 2, Barrow House|956|2,421| |Flat 1,118High Street|308|2,012| |Flat 2, 118High Street|1,464|3,350| |Flat 3,118High Street||632| |116/118, High Street|2,183|2,596| |7, Barn Close||2,948| |Others|1,623|23| ||(108,940)|(163,172)| |TOTAL NET PROPERTY INCOME - carried forward|140,138|93,755| ## ## |NDITU
C
NT c
YEAR ENDE
3|ontinu||| |---|---|---|---| ||31December 2021|31December|2020| ||E|f|F| |RECEIPTS EARNED FROM ASSETS- continued|||| |TOTAL NET PROPERTY INCOME - brought|forward
140,138||93,755| |INVESTMENT INCOME|||| |Dividends
from investments|21,872|20,290|| |Bank Deposit accountinterest||607|| ||21,872|20,897|| |Investment
manager's
fees|(12,432)|(10,649)|| |NET INVESTMENT INCOME|9,440||10,248| |TOTAL NET INCOME|149,578||104,003| |Donation|||25,000| ||149,578||129,003| |Less: Management
and Administration|||| |Clerk's salary|19,200|19,200|| |Barrow Room expenses|1,152|425|| |Accountancy fees|3,800|4,250|| |Auditor's fee|5,400|5,700|| |Insurance
brokers fee|850|840|| |Legal fees|882|418|| |Other professional
fees|5,768||| |Bank charges|60|60|| |Website depreciation
charge|4,860|2,777|| |Web hosting|1,197|385|| |Book net (income)/costs||(77)|| |Additional
security measures|6,170||| ||(49,339)||(33,978)| |CHARITY'S INCOME FORTHE YEAR|100,239|0|95,025|