2021-03-31-accounts

Trustees	NJones
	TWalker
	HJPorter
	WJForrester
	MW Jones
HonorarySecretary	AHollands
Charitynumber	1190231
Registeredoffice	11WhitecroftWay
	Beckenharn
	Kent
	BR33AQ
**Auditor **	RSMUKAuditLLP
	CharteredAccountants
	STCHouse
	7ElmfieldRoad
	Bromley
	Kent
	BR11LT
Bankers	Coutts&Co
	440Strand
	London
	**WC2R0QS **
Solicitors	Hunters
	9NewSquare
	LincolnsInn
	London
	**WC2A3QN **
Investment advisors	Sarasin andPartnersLLP
	JuxonHouse
	100StPaul'sChurchyard
	London
	**EC4M 8U **

		**Unrestricted **	**Endowment **	**Total **
		funds	funds	**2021 **
	Notes	£	£	£
Incomefrom:
Donationsandlegacies	2	6,087,702	36,538,134	42,625,836
Investments	3	17,579,198	-	17,579,198
Total incomeandendowments		23,666,900	36,538,134	60,205,034
Expenditureon:
Charitable activities	4	11,340		11,340
Netlossesoninvestments		{5,046,886)	(12,068,109)	(17,114,995)
Net movement in**funds **		18,608,674	24,470,025	43,078,699
Totalfundsbrought forward at2July2020
**Total fundscarried forward at 31 March 2021 **		18,608,674	24,470,025	43,078,699

			2021
	Notes	£	£
Fixedassets
Investments	7		41,464,466
Current assets
Debtors	9	1,504,666
Cash atbankandinhand		120,907
		1,625,573
Creditors: amountsfalling due within one year	**10 **	(11,340)
Netcurrentassets			1,614,233
Total assetslesscurrent liabilities			**43,078,699 **
**Capital funds **
Endowmentfunds-general	**11 **		**24,470,025 **
**Income funds **
Unrestrictedfunds	**11 **		**18,608,674 **
**Total funds **	**11 **		**43,078,699 **

			**2021 **
	Notes	£	£
Cash flowsfrom operatingactivities
Cash generatedfrom/(usedin)operations	**14 **		41,121,170
Investing activities
Purchaseofinvestments		(58,579,461)
Investmentincomereceived		17,579,198
Net cash usedininvesting activities			(41,000,263)
Net cash usedinfinancing activities
Net increaseincash andcash equivalents			120,907
Cashandcashequivalentsatbeginningofperiod
**Cash and cash equivalents at endof period **			120,907

	**Unrestricted **	**Endowment **	Total
	**funds **	**funds **	**2021 **
		**general **
	£	£	£
Donations	6,087,702	36,538,134	42,625,836
**Donations **
Incomefrom otherrelated parties	5,037,206		5,037,206
Donation-Films&EquipmentsLimited	177,000		177,000
Donation-DonaldForresterTrust	745,196	7,018,507	7,763,703
Donation-GwynethForresterTrust	128,300	29,519,627	29,647,927
	6,087,702	36,538,134	42,625,836

	**Unrestricted **	**Endowment **	**Total **
	**funds **	funds	**2021 **
		**generaJ **
	£	£	£
Incomefromlistedinvestments	120,675		**120,675 **
Incomefromunlistedinvestments	**17,414,700 **		17,414,700
Otherincome	43,591		43,591
Interestreceivable	**232 **		**232 **
	**17,579,198 **		**17,579,198 **
**Expenditure on charitable activities **
			**2021 **
			£
Supportandgovernance costs(seenote5)			**11,340 **

	Support	**Governance **	**2021 Basis of allocation **
	costs	**costs **
	£	£	£
Auditfees		6,600	6,600Governance
Accountancyservices		4,740	4,740Governance
		11,340	11,340
Analysed between
Charitableactivities		11,340	11,340

	Listed	Unlisted	**Total **
	investments	investments
	£	£	£
Costorvaluation
At2July 2020
Additions	41,486,543	17,092,918	58,579,461
Valuationchanges	(27,564)	(17,087,431)	(17,114,995)
At31March 2021	41,458,979	5,487	41,464,466
**Carryingamount **
At31March 2021	41,458,979	5,487	41,464,466
			**2021 **
			£
Investmentsatfairvaluecomprise:
Fixedincome			4,629,332
Equities			29,875,799
Property			1,006,472
Alternativeinvestments			3,336,020
Liquid assets			2,611,356
Unlistedinvestments			5,487
			41,464,466

	**Name of undertaking **	**Profit/(Loss) **	**Capitaland **
			Reserves
		£	£
	Films& EquipmentsLimited	2,361,595	5,487
9	Debtors

9	Debtors
				2021
	**Amountsfalling due within one year: **			£
	Amountsduefromsubsidiaryundertakings			96,019
	Amountsduefromrelatedundertakings			873,497
	Otherdebtors			489,277
	Prepaymentsandaccruedincome			45,873
				1,504,666
1 O	**Creditors: amountsfallingdue within one year **
				2021
				£
	Accrualsand deferredincome			11,340
				11,340
11	**Analysis of net assetsbetween funds **
		**Unrestricted **	**Endowment **	**Totai **
		**funds **	**funds **
			**general **
		£	£	£
	Fundbalancesat31March2021arerepresented by:
	Investments	16,994,441	24,470,025	**41,464,466 **
	Currentassets/(liabilities)	1,614,233		1,614,233
		18,608,674	_9A _A7 n9 aytttira	_A_n72a0 a«torrsororr

**Analysis of charitable funds **
	Movementinfunds
	**Incoming **	**ResourcesRevaluations, **		**Balance at **	**31 March 2021 **
	**resources **	**expended **	gains and
			losses
	£	£	£		£
Endowmentfundsgeneral	36,538,134	-	(12,068,109)		24,470,025
Unrestrictedfund	23,666,900	(11,340)	(5,046,886)		18,608,674
	60,205,034	(11,340)	(17,114,995)		43,078,699
**Taxation **
TheForresterFamilyTrustisaregisteredcharity,andas suchitsincome and				gainsfalling	withinSections
471to489oftheCorporationTax	Act2010orSection 256TaxationandChargeableGainsAct1992are
exemptfrom corporationtaxtothe	extentthattheyareappliedtoitscharitable			objectives.
Cashgenerated from operations					**2021 **
					£
Surplusfortheperiod					43,078,699
Adjustmentsfor:
investmentincomerecognisedinstatementoffinanciaiactivities					(17,579,198)
Fairvaluegainsandlossesoninvestments					17,114,995
Movementsinworking capital:
(Increase)indebtors					(1,504,666)
Increaseincreditors					11,340
Cash generatedfrom/(used in)**operations **					41,121,170