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2022-08-31-accounts

Reference and Administrative	Reference and Administrative	Details	Details
Trustees' Report
Independent Auditor's	Report.
Statement ofFinancial	Activities		....,
Balance Sheet.
Notes to the Financial	Statements

					Expendable
			Unrestricted	Restricted	Endowment
			funds	funds	funds	2022	2021
		Note
Income from
Donations			159,736	97,618		257,354	354,455
Gift ofexpendable					495,618	495,618	3,000
endowment
Investment income			32 380			32,380	13 102
Total Income			192,116	97 618	495,618	785,352	370557
Expenditure on:
Charitable activities			(24,499)	(187,946)	(2,863)	(215,308)	(167,263)
Raising funds			32,486			32 486	2 217
Total Expenditure			(56,985)	(187,946)	2,863)	247,794)	(169,480)
(Loss)/gain on Investments					(317,533)	(317,533)	183,078
Transfers
Net movement in funds			135,131	90328	175,222	220 025	384 155
Reconciliation offunds
Total funds brought	forward	11,12	222,256	159,091	1,469,796	1,851,143	1,466,988
Total funds carried	forward	11, 12	357,387	68,763	1,645 018	2,071 168	1,851 143

						2022	2021
					Note
Fixed Assets
Investments						1,678,139	1,466,796
Current assets
Cash at bank						514,985	474,416
						2,193,124	1,941,212
Creditors:	Amounts	falling due within		one year	10	121,956	90069
Net assets						2,071,168	1,851,143
Unrestricted	income	funds				357,387	222,256
Restricted	funds					68,763	159,091
Expendable	endowment		funds			f,645 018	I 469796
Total funds					11, 12	2,071,168	1,851,143

			Unrestricted	Restricted	Endowment	2022	2021
			funds	funds	funds
Grants	and	donations	159,776	97,618	495,578	752,972	357,455

3		Investment	income
							2022	2021
	Income	fiom investments					32,167	13,100
	Interest	fiom cash deposits					213	2
							32,380	13,102
4		Expenditure	on charitable	activities
					Unrestricted	Restricted	2022	2021
					funds	funds
	Donations					154,170	154,170	112,396
	Suppoit	costs (see note 4.1)			21,499	33,776	55,275	51,867
	Governance costs (see note 4.1)				3 000		3,000	3,000
					24,499	187,946	212,445	167,263

2022:
					Support	Governance	2022
					costs	costs
Administration			costs		34,426		34,426
Auditors'		remuneration		non —audit services	3,300		3,300
Auditors'		remuneration		- audit services		3,000
Investment		management		fees	16,447		16,447
Printing,	postage and stationery				54		54
Website	design				288		288
Bank charges					760		760
Total					55,275	3,000	58,275
2021:

2021:
			Support	Governance	2021
			costs	costs
Administration costs			29,435		29,435
Auditors'	remuneration	non —audit services	3,720		3,720
Auditors'	remuneration	- audit services		3,000	3,000
Consultancy fees			678		678
Investment management		fees	15,380		15,380
Printing,	postage and stationery		60		60
Website	design		2,399		2,399
Bank charges			195		195
Total			51,867	3 000	54,867

		Unrestricted	Restricted	2022	2021
		funds	funds
Event	costs	32,486		32,486	2,217

			2022	2021
Accountancy		fees	3,300	3,720
Auditor's	remuneration		3,000	3,000

		Listed	Total
		Investments
Market value
As at 1 September 2021		1,466,796	1,466,796
Additions		60,000	60,000
Disposals		(178,531)	(172,532)
Revaluation		(284,122)	(284,122)
Movement	in cash available to invest	613,996	613,996
Net book	value
As at 31 August 2022		1,678,139	1,678,139

			UK	Overseas		Total
Listed	investments		935,086			935,086
Cash	deposits		743,053			743,053
		I	678,139		I	678,139

				2022
Edgewood	Global Equity			130,282
Vontobel	Global Income			98,461
Polen Capital Investment		Funds		134,688
Fundsmith	LLP Sustainable		Equity	135,102
Guardcap	ICITS Funds			118,185

			2022	2021
				K
Grant creditors			72,732	27,618
Other creditors			8,683	11,031
Accruals	and deferred	income	40,541	51 420
			121,956	90,069

11 Funds	11 Funds	11 Funds	Balance at I	Incoming	Resources	Transfer	Balance at 31
			September	resources	expended		August 2022
			2021				K
Unrestricted		income fund	222,256	192,116	(56,985)		357,387
Restricted	funds (see note		159,091	97,618	(187,946)		68,763
12.1)
Endowment		funds	1,469,796	495,618	(320,396)		1,645,018
Total funds			1,851 143	785,352	565,327		2071,168

			Balance at I	Incoming	Resources	Transfer	Balance at 31
			September 2020	resources	expended		August 2021
Unrestricted		funds
Unrestricterl		general fitmls
Unrestricted		income fund	189,868	193,972	(49,866)	(111,718)	222,256
Restricted	funds (see note		105,120	173,585	(119,614)		159,091
12.1)
Endowment		funds	1,172,000	186,078		111,718	1,469,796
Total funds			1,466,988	553,635	169,480		1,851,143

1.1 Res	tricted funds
					Transfer
		Balance at 1	Incoming	Resources	from	Balance at 31
		September	resources	expended	unrestricted	August 2022
		2021	K
Core costs		18,922				18,922
Kensington	Aldridge
Academy		140,169	97,618	(187,946)		49,841
Total funds		159,091	97,618	187,946		68,763

	2022	2021
Performing k Creative Arts (PCA)	52,069	20,665
Wellbeing	55,693	34,841
Life Skills	17,555	14,941
Sport	28,853	8,849
Covid-19		23,211
Other	33,776	17,107
	167966	119614

						Transfer
		Balance	at 1	Incoming	Resources	from	Balance at 31
		September	2020	resources	expended	unrestricted	August 2021
Core costs		18,922					18,922
Kensington	Aldridge
Academy		86,	198	173,585	(119,614)		140,169
Total funds		105,120		173,585	119,614		159,091

2	Analysis ofnet assets bet	ween funds
		Unrestricted	Restricted	Endowment	Total
		funds	funds	Funds	funds
Investments		33,121		1,645,018	1,678,139
Cash		339,248	175,737		514,985
Current	liabilities	(14,982)	(106,974)		(121,956)
Total		357,387	68,763	1,645,018	2,071,168