REPORT OF THE TRUSTEL8 AND
FOR
THE F￿uCAT0Bs TrUST
Spurlmg Cannotk
424 ko4d
Kcnt
12 &SJ

THE EDUCATORS TRUST
FOR THE YEAR ENDED 31 MARCH 2021
Pxge
Report orth¢ T￿$t￿l
I to 6
Indepettdent EJaJnltter'$ Report
Statemettl ofFlllandal A¢*iv£tk#
Bal•nce Sbed
Nots8 t• the FIBalld*l Ststemtmts
10 to 12
Detalled Sl#lemen* of Flb*ndal Activlths
13

THE EDUCATORS TRU
REPORT OF THE TrUSTELS
FOR THE YEAR LNDED 31 MARCH 2021
The Tr(tstees present their teport arwj finallcial ststen*nts for th¢ year ended 31 March 2021.
The fitkncial stat¢nMts comply with Trttsls conStstyts￿ C17ariues Act 2011. th¢ Cony80i¢s Act 2￿6 at
AccountiThg and Rq)ortin8 by Charitics.. SÈatewot of Recolljmended Pradic¢ applicable io Clwilie5 preparing their
s￿o￿nts in accordance the FiEJaocial R¢￿E￿n8 Staodord applicable in tht UK and Republic of Ireland {FRS 102)
{cff¢L*ive l J8aU8ry 2015).
We would liTre to speciat acktmwledgoxm to Michaeja Kalaria for kn eontributioo and support throuthout th¢
Objectives and acti￿tIeS
Th¢ objt¢ts of the Tnjst *e.'
a) Tts resvard trxccllence and innovation in their achievemeftt aad trainin8 tsn order to en￿￿￿¢ I￿ students and thetr
mentors to undenake, and the pthlic to appreciate, the work of educatNs
b) To ptOTttOte, bythe award of bllfsaries and and othtrapproprthte mean& the developE￿t of ea￿*torS through
research and that is appropriate to the prof￿10ft of eth*4tor and that increases ￿￿erStandI￿g of relevatrt
OPPOTtimitiu alld Evds
¢) To advarJ¢¢ th¢ ￿10￿ of the public in al) matters rElatsng to ea￿tion and its delivery thro￿ prony)tton of
publi¢ presetttsti0ts8 and di￿￿￿810￿8 of relevant developments. kttd the getieration of reports th poticy rr4kio8 bodi¢s
attd the general public.
Page I

THE EDUCATORS TRL'ST
REPORT OF THE TRiFSTELS
FOR THE YEAR ENDED 31 MARCH 2021
OBJECTIVLS AND ACTIvrtIES
ActRiqties PerformiNce
In 2021k21 theie wer¢ 22 &￿1Ve aw4rd% pr￿ledbY the Tn
The Master's Award. the aw￿ a￿￿ topic Chos￿ by th Mastr
Six Amied Forces Awards-
No.ZZ Group RAF Award foi an outstanding educatorltrainei from thc group.
Th￿C Cadet Vocatlou*l Quallfitatlon OYganlsztioB Aw#rds to outs#anth8 volwjtrcr aduh lead¢rs in FTont Line
Management (one from cAch of Ihe Army Ca¢kt Fot¢4 the RAF Air Cwjets, arml th¢ Sea C¥Scts).
The Defence Academy Award for an outstattding eth￿8￿￿.
The RAEC & ETC Assoclatlon for aTh outstsndiT2g &Ju¢ator.
Fow doDor.llamed awards, bursaries dedic￿ fi¢ld5 gencrousty r￿ded by1rdivith￿j Liveryuxu:
Gtoffyey Bo￿a Award In Art
Mary Lou Carrlngttsn Award for a bvslnesswomaR wh• u*de a signlfiuDt ￿ntrIbUtIOn to educAIJ•tt
Kelth Hutton Leg%cy Aw*rd fTrrTheatre and PerformiNg Arts
Peter Warren Award for Ettglneering p*ttttership with Clry aRd Gvll¢ts
Two Edueators Tru4t- city & Gullds jo1at-f￿ded bprsarie5 in voE*iotsal trainitt8
One Edu¢*tors Th1st-PrlsonerB' FAJveatloA Trust joint-fuTxkd aiyard forThe Prison Educa￿￿ of the Year.
Ei&ht Insplr*tlon#l Educator Aw4rd& awarthd w imprG*ive and inspiratiottal &Jv¢atOTS tbe field und£f a theEne
chosen ¢very year by the Trnstees. It was thcidcd kn f(KJJS on ¢thKation8] ex¢ellencc in cha]lenging a[￿ unconv¢fitioAal
seitings, In .020-21 th£ themc ￿lected wds ￿VEronMent91 education. The awdrds are us¢d by wit)￿ to pursue
professional developmeat their field& Thc Tn]st bas a paDel of three expLIt judges chaired by the Tn￿t Chaim)ao to
adjudicate aod approve the awards agaffinsi d¢fiDed critttia. Th¢ judges bave ¢xtensive kllowledge of and experience in
quality assUtaDce. evaluation artd ass¢ssTocnL Thi5 ycar a new rolc of Specialist Adviser was created. to provide the
judgcs with advic¢ on subject kllowledgc and pedagogy. Th"s was wy and the TrLtstees d¢cxdcd to rEttin it
for fo￿r¢ years.
A revi¢w of the Memorar5dwn of Un<l¢rstanding wth City & Guilds IC&GI was conducted and c4)ncluded thai the
¢urrent fomut for the Ihree nmlch-fi￿dCd bursaries vlas not meeiillg its objectives. A n¢w forn)at was agreed to jointly
nd a Peer Advi50r Progrdmrn¢ in prisons d¢livcred by St Giles TnLSL This will provide a ski51s development
progranune ITr m¢Trtal health and digital Skills 4mong the prisots populalion. U[thrt2k￿ by peer advisots. Since th¢
traI￿l￿g for each grow) 1&sts three rn0￿ th¢ fuodingwill rvdch E]Jar¥y n￿re traittts th8n the previous butsartes.
Lii'eryman P￿r Warren ll￿eed to tTaTL8fer his anmtal bursary to the new Scheme with C&G for want of quality
ttdidalc5 for bis existing engineerin8 awdt<L A th¢w Mou draw￿￿ and the thme sthrt¢d May 2021.
The Awdr& Dinner for the pres¢nt2Éion of the 2020-21 awards at a Livery Hall planned for 30th April 2021. Every
witmer and every nominaknr bad accepted the iDVitatiOK and exptesscd exciteD￿nt 8iy)w th¢ eveni. Untoriunately. thc
lockdown following the pandemic Cov￿19 prevented this being held. Winner5 and nominee5 w¢re Invited to the next
LIV￿ th'nnet allowed ty Covid rev￿atio￿.
A Simil￿ postwnemeni wzs lljade neCe￿ry of thc 8nnual scminar, to lockdowp. However, Tnjstees sought
an altemative way of celebratin8 the outstanding achieven￿nts of educatOTS in the increasingly importarrt area of
ellvironmen¢al ¢dttcatio￿ WinKs agreed to feature in an online event by presenting their work through ipidco
clips, stfrll photO8raplks, poM¢r ￿tTrts, artwork atxl so on It cknsed on a high with a challcDgiDg sp￿h by national
cxperL Prof Tim lang, who emphasisell that ellvtronffKlltal ed￿atio￿ whsle valuable. cannot alone solve the
envtrollmentsl issue5 th¢ Earth faces. Th¢ winner5 tram¢ from a]1 over Engl2t￿ and thEÈr projects werc varied from
wetland% and the Cornish coast to fami s¢h(KJls urban green spaccs. Over 40 people 30￿¢d the ev¢nt dnit more
watched lh¢ recording subsequeTr+ly. Requests have been n)adc for the Tn& to Fepeat tbis type of online showcage for
winne[5 in the fut￿e.
Page 2

THE EDUCATORS TRU
REPORT OF THE TRusfEES
FOR THE YEAR E*I)ED 31 MARCH 2021
HeadThy b¢eD mad¢ with the 2020-21 priorities..
- A major priority wgs the challenge of ￿1[￿1￿8 thE Tn￿, cTrAritablE acttvities uroJer the cotiditiofys of Covid
re8UtatioIis. Zoom Th used for Fw)8rd meetjngs lyjt also for a ￿LI1derable of iofotmal me¢iings to progres5
b￿1￿¢55. A malts obs(a¢k wa5 tIMt educational estsbljsbmeE￿& mainstream pn)vision a￿d charities, had skeleton staff
duty rota5. and email cOmrA￿c8t￿on was slow atKI often losL SitK¢ na)si of the prepara￿ry work for our awards is
persuaibng 5u¢h organisJti008 to ￿minate p￿lidateS for our awards, this was nwle very di￿l¢U11 and 3{du(￿s. As a
result. the of n¢)minalions was lower than previous yeaT4 but tbe quality maintained. Tbe only avwd that
failed to b¢ delivered was ow Prison Eth￿8￿￿ of the Year be￿se eth￿tion serviccs in prisons w
discontknued during thc pandenjic.
. The developmertt of the llew professiotml d￿￿1c￿Ment grartt b8s beett utrjerttho by 8 Tagk Group of Tn￿¢$.
Unlike oiher awards schemes organigyl by the TTUSL this is OA any particu18r ac*lemic subject Ot
professional disciplin< and it does not reqwe nomination from any ￿u¢￿10nal organTsation. It is open ts applic8ti0tt8
from individual educ*ional practition¢rs. fuU- or part4irne en)ployEes or free-lawe, frvm any Sect￿ of education and
trÈining. The only condition is that they must demnstrate the of up to £750 will be to pursue
d¢v¢lOp[￿nt oppotthnities that will S￿pOrt aThl enrtch their crn*tivity. ¢du¢ational skills aTKI kno￿￿ge in their
pmfessional field. ThE new grant fi￿0 w&s launch￿ on l (ktober 2021.
. The period of f￿tanCial 5UPPOrt from a donor for thtAward in Art IAS come to an end. However, the T￿￿ agreed to
rnaintsin and fitnd a dedica￿1 avard for educAtion ID thi4 fjeld b￿1 brnadertd its scope ￿ Art and Destgn. Speeialist
eolleges WAII be invited to rtomiJwt¢ outsi￿ ¢tiodidates from their educaiion fidl. or part4ime OI tutor
p¥actitioKers.
. The resignation of th¢ Hoaorarysecretary because of the ptessw¢ of hi5 proCessioD&l employn￿￿t, A￿attl that the
t¢¢ruitnMIt of a r¢pla¢en]¢nt a priority for Tnjstees. An appointDient W85 ID June 2020 of aD excdlent
¢andidat¢. & charity and eth￿ati(￿ts laThyer.
. Headway has be¢n I￿re&s]n8 the awaren￿ of ￿thbets of th¢ w￿biP￿1 Compaoy ofEdUca￿lS of th¢
tradttion of philanthropy in the Iwbrry Master of the CoryaDy thts y¢ar has been very 5UPPOrtive and
mad¢ r¢fer¢Dce to the charitable work of th¢ Tn￿1 in several of his speeches. There has been an increase in donatio
from aDd att in4)roved ¢ompl¢lioL rnt¢ of Gift Aid FornL4. Ho￿￿ver. a millotity of Compally Inemb￿S
hav¢ wwleted Gift Aid fonns and thc Tn￿t contimr its efforts to I￿¢￿¢•s¢ iM)th dotsats"oDs and GifiAid.
Thtbli¢ beB¢fit
Th¢ have cornplied with their (hrty to bave du¢ re8&d to the guida￿e on public bcnefit publis1￿d by the
Cbarity Comztussion ID ex¢rcisiD8 theÉr powtts alld dthies.
FiD4n£ial Reylew
The T¥usi continues to appeal for donations s¢parat¢ly from the ￿tIf￿atiOn for quartern8¢. Member& of the Company
are rcmindcd of the expectation of £lwitable activilie5 of livery ¢or4)anies. The impact of aw7rds atsd butsarirs on
pmtioug WiDm¢YS is htghlighted. The tolal donated to the by membe[5 of the Company dwing 2020-2021 was
£10,042. Th¥. number of 0￿Mbe￿ poyiog by JnoDlhty s￿￿dIng order dllfing thc y¢ar irycreased frorn aill¢ to ninete
with a number of members [r￿ingA one-off donation. This gurn does not Include Gift At
Investment & ReKr¥es Polley
The Twste¢$' policy for inv¢stment is to maximise the total rEtUnL The TnLStccs atm to build And thett DHirt8in reserves
of £1 nilltion to preserve the continuity of th¢ TrLESt for tbe foreseeable fjJtur¢.
The current policy* l¢v¢l of ittvestment #nd risk 4)p¢tite is considcrcd io be appropriats by the Tn]stee8 kn enable the
TNst to build its reserves and cottrin￿ with its grdnt fimding programnK.
This policywas reviewed and agreed by the TnL5tees thriD8 the year.
Page 3

ThE EDUCATORS TRU
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MAXCH 2021
FirruRE PLANS
The concern for the Im￿￿diate fi]tute is the swc¢thl launcb a￿* delivery of the Professiona] Development Grant
Sch¢rne as it Js new venture in typts of dwi18ble activity aitncd at awid¢T and dIve￿e constitscocy. The flrst year
will be treated a% a pilo¢ enluatedand amcfid￿ 8s appropriate. Focusing on prA¢(tslng edue*tor6 in any subject in any
Sector of education wi]1 make the grant hI￿lY dististhve among Iiw COEnpanies. as wryu its reach io edu¢ation
prof￿1011alS in the ie8toThs.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing docllment
The rh2rity is controlled by its 8overnillg d(KumcnL a de&1 of aDd cotistiDxion of a charitsblr A￿0[pOrdtCd
organisation.
Org4Di5ational Strncture
The Tr￿t is a charitabl¢ incorporated organi#tioA ￿1¢￿ v45 regist£ted with fhe Charsty Conmtssion on 26 July 2018.
The Trust is a suc¢¢s501 to The Educators. Tnst (chaiity 1104355). The assets of thc wedecessor charity weie
transf¢￿tI to the Tn& on l April 2020.
The ll*mbers of the Tn￿￿ are the TnL8tees for the time bein8.
The Trws*es marf8ge the affairs of T￿¢ armj exercise all thc po7hrts of the T[￿t as ￿ out in its IxFnstitLrtton.
has a minimum of thrtt and a maximum of twelve tr￿￿te￿. The T￿￿ wr¢rttty has ten tri￿¢¢$ who are
appoinied by the other trusM for a term of three years. Since 31st Maich 2021 four tNSt¢es have been appointed
and a fjfth has been rCap￿in[￿ for a fvrtber The new trust¢¢s werc recruited from amongst the members of Ihe
w0￿hlPful CompaDy of Educats)rs. An aDaly5is undertaken to identify the skills tseede(L Tk vacancies
advcrtised to all memb¢rs of the Company via its Thle11th5. Applications werc invited 3fyJ the Trustees evaluat￿{ the
applications basgl on the advert¥s¢d crittria. AppoiDtraenls wer¢ Collfirn￿ by Ihe Tn>ttes at a properly COllVCDed
mceting.
Tr￿stee meetings are held 4￿arterty aDd thi5 ye•r w¢r¢ ￿ld via Zoom tt£hnology to the Covid paJME¢mic.
The Master, the Imme¢thatc Past Mzstei and the Clerk of the Wor5bipfjJl Conwany of Edwtors are invitrd to 2ttend
-TntsL ¢XvoITIcitt with Ihe pr¢Y10￿% LThair ofthc Tntsi who.ws ￿Ven t1￿ lil1¥.e￿(tts￿ cy.siod_4 lor h¢r
knowledge of the history of the Tn￿ The Honorary Tream￿r atKI Honorary Secretory also attend meetings
officcis of the Tnksl. Othu than the Tn￿c￿ 311 o11w￿teudetS do so io a Thon vottng c&pacity.
New Tn]stees are provided with copies of kty Twhicb cxplaiD the baCkg[th￿ policie5 and proccdure5 of the
Trttst.
Compllahte
The Tn￿t do&% notusc rd prof￿]￿￿1 fithiwor wmftKrcial parti¢ipator. App¢als for donatio￿ are mad¢ only to
mb¢rs of the Worshipful Compatsyof FAIUCa￿r& The Trustees kecp up to date wtth regulatkons the Charity
Commissiofi atid Cnsure that the Tn￿ Corw)ll￿ wtth all relevant legisl•ioTr No failurts in cotrwliance have been noted
and no ¢ornplaints have be¢n rettived for thr perÉod covered by this reF￿. The Lltaimiall and the Honorary T￿aSurer
attend updating seminars for tr￿¢5 of ch3ritses on Slkch issuts ts: changi¥ in resulaiion, nN)vements in global market
invcstmeni v¢hi¢l¥% 2nd thcit re13five perfornwce. new iswes in ctOTtty invesimenL
REFERENCE AND ADMINISTRATIVE DETAILS
Regi$tertd Charlty Dumbtr
1179353
Prlllclp81 addr¢ss
8 Littlo Trinity L
London
EC4V 2AN
Page 4

THE EDUCATORS TRusr
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2021
Trnste¢
' B￿Ce.T[mVer (appoifjt¢d 2115r2020)
S Cousin
D Skithllore (appoitited 21412￿21)
B Bad¢r lappoitit¢d 214f2021)
P R WiUiattLs CBE
J Somerville Chatmmn
D Hopkin
P Bowrrs 15aacson (app)ittted 2J4r2021)
Y Burn¢ OBE {r¢5igned 301412021)
S Denny (rcsigned 25n12021)
D Taylor (resigned 301412021)
A WilleEthch (resi￿￿4125n￿021)
B Ward (appoi￿rd 119ll021)
E Weaver (appointed 119r202I)
HtsllorAry Seere¢*ry
G Stsnfield {￿£18￿ed 3 Inll020)
Butni8e (appoittted Iigr2f)20}
HoTror*ry Tre*wrer
S Dw (resigned 25rir2021)
M Collins (appointed 118r2021)
B4nk¢ri
HSBC UK Bank plc
I Centenary Square
Binningham
BI IHQ
Independent Eumltter
Spwling Cattn¢m
424 Margate Road
W¢stWM)od
Rat￿￿at¢
Kettt
CT12 6SJ
Page 5

THF. EDIICATORS TRiiST
kTr.PORT "I"HE I'RLSTEkS
TrOR TIIF. I-F...*R E.NDED 31 NIARCH 9021
srA TF.MF.NT OF TRIISTF.F.S' RE.SPI)N..STBILII'IE
TIIL, '1111siecs rL%Pt)IINiblL lil". PsepJri:iLr Ilii. Tri￿le.%, Repori aiid tlie fl1w￿l￿1 s13*mefit5 iii a¢¢(>rdaiic¢ with
appliLablL li￿ w and UiJitLyl K5Trgdom A(￿1}￿011n￿ Stsndgsd)- jUnilLd kingdom Genci.￿lI]S Acccplcd AcLoualinb Pi'RLIicL}.
The laii, ,11)plsL#blc lo Charities in England & Wales requirus thc Trusie£s lo picparL fiiiancial SiaEcn)etit¥ for
ye¢U ich gil'e a irLie and fair view nf ilk. St￿1C uf Ihe dffdirs ot. t4c Tfust aiid of tiJe inLomin8 f6&ouTCfS and
'.IppIILilii)n ol'rL'soufLLS 4)t-1￿. T￿￿t lor iljai pcfiod. In picparing finiiTrcial fiaienTrenTS. Ihe TfiistL*cbg 8Te rcqJiicd 10..
scle￿t suitabl.
2¢¢1)untlAg policics nd then arpl¥ thcm cnnsisieiiily.,
Clb£cii'c ilie TllCthi)ds and principlcs in thc ChJKili(3 50RP-
NJl4ike jii(Igir11¢4115 anil LStima(cs Il?ai arc rc2%onablt at%[ pnidillt
St21¥ ivlieihir api)liiable accounsing sthndatds hivc follow￿￿ subjed to ￿11.. i)wterial departur¢s disclosed aixl
eYplJin(,d tlie tin?n¢i&11 gtli tcrnerits-
Prep&iE thL fin(Ineial stalcnknis on Ihe going coo¢em bails iwliS> Jl Ès inappropiiatc lo prLsiime that thc Ti'ust wtll
The Trik%tc¢% Irc fLSPOAgible for kLYpsng propcr 3c¢oyntiDg rtior(ts tl)31 disclose with rvJsonable xccuraty at ai)v iiime
Ili= lindnci<il p04iiioll 0¢. Ib.L Ch1¥11y and itE2ble Ilieni iu i?%ill￿ Ihii I IhL finajicial SlalLmciiih cThiiJpIy ¥Vlth die Charili¥S
Illl ?0 I I, tbL Cliariw IAcLoun15 ynd R¢rrt)ris) Rcgulations ?￿08￿ 1 lid thc 2OViliiiJi¥ d(￿lIfl7￿51l. FhLI'" ¢lie AI&0 ￿&posI￿1￿1..
for S2i¢gul1 I"dint thL ass¢ts ol-llie Charilv and hen¢¢ for taking rc475onAbl¥ qtLV.s f(Ir thL prei'eiilton aiid dLtcctioa of frilid
ar.d o¥heY i[r￿gUI)i"lrtres.
Appi'oi.-ed by urder of thL boaid of Irust¢¢s oti
and g1_￿Ld ils behalt-by..
- T￿)1¢¢
Pa￿¢ 6

INDEPENDENT EXAMIYER'S REPORT TO THE TRUSTEES OP
THE EDiICATORS TRusr
Indepejdent ex4mkner's report to th¢ tnutea of The Educ#tors Tr¥st
I rcpjrt to charity t￿￿tE¢S (JKL w eXal￿nation of the xcouttts of The FA￿&¢0[£ TAtst (the Tntst) fw the year ended
31 Marcb 2021.
Rtsponsibflltles and ba515 of repbrt
As the charity t￿tee$ of the Tn]8t you resp)￿b￿ for the prepar8ti¢)n of a£ciMJots a￿OrdanCe wtth the
requiremerrts of the aw111￿ Act 2011 (Ihe Ace).
I report in re5￿t of my examinatiott of the TnL¢s accounts carTied out seLtion 145 of th¢ Act and in ¢arryitig out
rny examinatioTL I bave follovKd all applicable Di￿110￿$ givEn bythe tharity und¢r section 145(5Nb) of
the Acl.
Indepthhdefrt ex#mln¢r's ststem¢nt
I hxvt complet¢d my examinatioTh I confwm that material rnatt¢r5 come to my attention in connedion with the
couoting records ￿[e llot kept in respttt ofthe Tr￿%¢85 rryu￿ed bysectioD 130 of A¢L or
the acco¥mis do not accord with those r￿d5. or
th¢ a¢counts do rtoi ¢omply wtth th¢ 2ppli¢abk r¢quiKm¢nts cthi¢¢rnillg th¢ fomi and content of ac￿llnts set out
krt the a)arili&s (Accounts atbd Reports) Regul￿10n$ 2￿8 othei than any rquirement that the accounts give a
I have no ¢oThc¢rt]s aod hav¢ conx across no dh¢r matters in ¢onne¢uon with the exatiiin￿10n h) ￿L¢b attelltion slK)uld
b¢ drÈvm iu this r¢port in ord¢r ioenabl¢ a propu uthtsDding of th¢ to b¢ T¢act*
Sophie Grant
ACCA
Spurling Cannon
CThatter¢d cert￿ed Acco
424 Mar8ate Road
Ra￿￿82¢e
Kent
cr12 6SJ
Da*".
Ir./.o! .1..￿..%I....
Page 7

THE EDUCATORS TR17sr
FOR THE ITAR EIYDED 31 l¥fARCH 2021
Unrcstri¢ted
fuajd
INCOM£ AJ4D ENDOWMENTS FROM
Donations aDd l¢gacies
11.014
InVestn￿t iDCOm¢
16,176
27,1911
Charttable aftivitl¢s
Edtscators, Tn*t
IV2S
Nel gains Oll ttivestma
63013
NET INCOME
79378
RECONCILIATION OF FUNDS
Totsl fund5 brottght forw*rd
385￿17
TOTAL FUNDS CARRIED FORWARD
464,795
The noies formpart of these f￿a￿l21 statelnents
Pa8c 8

THE EDL.CATORS TRiiST
BALAPICE SHEET
31.%IARCH 2021
Ufft)t¢stiicted
f(md
Notes
FIXED ASSETS
Investrttctils
387,446
CiTRREYf ASSETS
G￿lj at bank
78,549
CREDITORS
Amounis falling due within one yeat
{1,200)
NET CURRENT A&SETS
77.349
TOI'AL ASSETS LESS CLIRRENT
,IABILITIES
41b4.79
NET ASSETS
464.71).
FUh'DS
IltirL'%tri¥*cd fu￿d5
.1th.1.71)5
TOTAL FIINDS
4114.79
The firtancial statements w¢re approved by the Board of Trt￿ee$ and aUt￿liSed for issue
. gDd were si8ned its bdjalf by."
on
ille- Trnbie¢
The notc5 forry) part of thcs¢ fin2n¢iai btstcmLrykt$
Page 9

THE EDLTCATORS TRUST
NOTES TO ThE FfNANaAL sfATEMEYrs
FOR THE YEAR ENDED 31 MARCH 2021
AccourfriNG POLICIES
Basis of preparlng the fihaneial statements
The financial stateTnents of ihe charFty, which is a pthlic ¢otity FRS 101 h3ve been wepared in
aecordance wiLh the Charities SORP IFRS 102) 'Accowiting and ReportiTr8 by Ch&riti¢5: Statement of
Recommended Practice applicable to ch&rities preyaring their attoutys in accordan¢e with the Financial
RqK)rting 8tsndard PAppli￿able the UK and Republic of Itel8rd IFRS 102) leffcctsve 1 5anuary 2019),.
Financial Rcportittg Standard 102 The Financial Reponing Siatmlard applicable in the UK and Repubikc of
Ireland, and the Cbarittes Act 2011. The fiEThncial stA￿￿nts have been prepared under thc historieal eost
convetttion. with the exception of inwstsFxnts which are irKI￿ded at maJ*et value, as nw)dified by the revaluatiOD
of c¢rtaitt a$5ets.
Income
All incofne is rrtognTsed in the Statement of Financial Activities once the charity has en¢itkm¢nt to the ￿nds, it
is probable that the income will be rtteived and the am¢)unt can be nrasured reliably.
Eypendlture
Liabilities are recognised as expendKts]re as S4)on as therE is a Iwl or co]k8tswtive obligation ¢ornmittsng th
¢harity to that expctMJittLre, 1¢ is probabk that a traDgfer of econonllc l*neffftts will be required i# settlE￿eftt and
the atnoutrt of the obligation Can ￿ M¢2$u￿ ieltabl>. Expendtiurt acc(>ullted for on an accntals basis and has
bccTr classifJe4 W￿er headiE2gs that agsrcg4te all cosi rcIat￿l to th¢ cat¢gory. Whcrc costs cannot b¢ dirxtly
attrtbuted to particu]ar h￿dingS thcy hav¢ bcen alliKat¢d t(J ¥tivÉties on a basis eonsisteni with the of
resources.
TaiAtIo
The charity is exempt from tax ott its cl)aritsbleacliviues.
Fund 8etOlllltlag
Unrestricted fimds cao be ￿9¢d in aecordaaKe with the ¢hzEÉthble objeeiives at the discfetion of th¢ tnL5te¢s.
Rcstricred funds ooly be fLKparticulat rc#ricted ￿￿pOSe$ within th¢ obj¢cts of the charity. Restrictions
arise wh¢n 4)ecified by the d(￿1 ot when fi]nds are taised for particulat F&%ttiued purposes.
Fllrt&tr cxplattationof the Dabjte aThJpwwJK of ¢8cb fimd is iiKludcd ia the notss to th¢ fuwicial statemellts.
Hlre purchase and leas1*% towmItn￿llts
R¢ntsls paid urtder op¢raUrA8 leases are cljarged to the Statement of Filw￿l#l Activities OD a strai￿t lin¢ basis
over the period of the lease.
DONATTOTrIS AND LEGACIF
S￿ndry donations
sW￿ry donaiioTLS- Tn￿ltts
Gifl aid
7965
2,077
972
11,014
?agelO
contin¥¢d...

THK KDUCATORS TRU
NOTFS TO THE FINANCIAL STATEN(EYfs. e•nthiued
FOR THE YEAR EI¥DED 31 MARCll 2021
INVESTMENT INCOME
fMv¢5tment inwm¢
1&176
investments
MARKET VALUE
Additions
RcvaEuatio
324.433
63.013
At31 M￿Ch2O21
387.446
Nrf BOOK VALUE
At 31 March 2021
387846
Cost orvaluationat 31 M#tth2021 is repre$￿ty.
IA5ted
Valuation in 2021
387.446
CREDfroRS: AMOIINfs FALLING DUE wrrHIN ONE YEAR
121)0
N#
At
3113r21
At 114120
iti fl￿dS
Unrestrlcted
General fiu
3W17
79,278
464,795
TOTAL FUNDS
385A17
79378
Pagell
continued...

THE EDUCATORS TRUST
OTLS TO TUE FINAF4CIAL STATEhlENfs. Cond#￿ed
FOR THE YEAJI ENDKD 31 MARCH 2021
MOVEMEFrr IN FUN￿￿. eontlwd
Net move1￿rt in imclptsj in thE alM)ve tre as follo￿.
TDcomt08
R¢80urccs Gains artd Movement
Unre%trlcted funds
G¢D¢fdl fimd
27.190
(10.925)
61013
79378
TOTAL FUNDS
27,190
{l•J25)
63,013
79378
The folloTring etitity k8 CODsider&l to be arelated pattyto th¢ Lbtity.
The Wor8bipfid Conwany of Educt￿rS
During the year the TnL*ees donat¢d a tt)ts101£2.077 (2020: to tl* Cbtirity.
Pag¢ 12

THF. EDUCATORS TRU
FOR THE YEAR LYDED 31 IKARCH 2021
Don*ttOnB a4d ]eycles
Sujjdry donatio]LS
7965
2,077
9T£
Gift #id
IIA114
Investment fneDme
Inve5ttRent income
IQ176
Tots] IAcomlnE rtsowees
27,190
Cha]Itable aettTIOos
Prize5 avrdrds
Support costs
Governin<¢ costs
Auditors. r¢muDVRtioll
1,200
4.000
828
258
499
Oth¢r c08ts
TTUSt fimd bookl
Proknional fees
6,785
10,925
16,265
Thi5 page does not fomi of the ststutory financial ststemu
Page 13