2022-01-31-accounts - The James Knott Family Foundation

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		Page
Trustees' report		1-4
Statement ofTrustees'	responsibilities
Independent auditor's	report
Statement offinancial	activities
Balance sheet
Statement ofcash flows
Notes to the financial	statements	10-16

			unrestricted
			funds
			2022
		Notes
Income
Donations and legacies			963,180
investment income			17,502
Total income			980,682
Expenditure
Raising funds			5,393
Charitable activities			132,825
Total resources expended			138,218
Net income before investment	gains		842,464
Net gains on investments			50,608
Net movement in funds			893,072
Fund balances at 31August 2020
Fund balances at 31January	2022		893,072

								2022
							Notes
Fixed assets
Investments							12		892,193
Current assets
Debtors								275
Cash at bank		and in	hand					8,759
								9,034
Creditors:	amounts		falling	due within	one year		14	(8,155)
Net current	assets								879
Total assets		less current liabilities							893,072
Income funds
Unrestricted		funds							893,072
									893,072
e accounts		were a prove		by the T	es on .............H'. .	. ~	&L
Miss LJ	ousi
Trustee

					2022
				Notes
Cash flows from operating		activities
Cash generated from operations				16		833,117
Investing	activities
Purchase	of investments				(1,019,645)
Proceeds	on disposal of investments				225,100
Investment	income received				17,227
Net cash	used in investing	activities				(777,318)
Net cash	used in financing	activities
Net increase in cash and cash equivalents						55,799
Cash and	cash equivalents	at beginning	of period
Cash and	cash equivalents	at end of	period			55,799

4	Investment income
				Unrestricted
				funds
				2022
	UK dividend income			14,222
	Foreign interest income			275
	Unit trust interest income			965
	REIT dividend income			682
	Foreign dividend income			1,358
				17„502
5	Raising funds
				Unrestricted
				funds
				2022
	Investment management		fees	5,393
6	Charitable activities
				2022
				F
	Grant funding of activities		(see note 8)	119,000
	Share of support costs (see note 7)			12,100
	Share ofgovernance	costs (see note 7)		1,725
				132,825

7	Support	cos	ts
							Support	Governance	2022
							costs	costs
							E
	Bank charges						40		40
	Management		and administration			fees	12,000		12,000
	LEI fees						60		60
	Audit fees							1,725	1,725
							12,100	1,725	13,825
	Analysed	between
	Charitable	activities					12,100	1,725	13,825
8	Grants payable
									2022
									f
	Grants to	institutions		(12grants):
	Education								52,000
	Overseas	hospitals		and medicine					28,000
	Children								18,000
	Hospices								5,000
	Food banks and community				projects				16,000
									119,000

				Unrestricted
				funds
				2022
				E
Gain	on	revaluation	of investments	39,864
Gain	on	sale of investments		10,744
				50,608

Fixed ass	et investments
		Listed	Cash in	Total
		investments	portfolio
		f.
Valuation
At 31August 2020
Additions		1,019,645		1,019,645
Unrealised	gain	39,864		39,864
Realised	gain	10,744		10,744
Cash invested			47,040	47,040
Disposals		(225,100)		(225,100)
At 31 January 2022		845,153	47,040	892,193

Investments representing more than 5%of	the portfolio's tot	al market value (	excluding cash):
Investment	Units	Market Value	%ofTotal Market
		E	Value
Brown Advisory Funds US Flexible	2,600	52,442	6.20%
Capita Financial Mgrs Trojan Global	35,000	45,535	5.39%
Fil Investment Services W Income	21,000	45,948	5.44%
Link Fund Solutions Trojan Income S	15,000	46,950	5.55%
M8 G Securities North American	48,00	63,350	7.50%
T Bailey Fund Evenlode Global	39,000	54,717	6.47%

13	Debtors
					2022
	Amounts	falling due	within one year:		E
	Dividends	due			275
14	Creditors:	amounts	falling due within one year
					2022
					F
	Investment	management		fees	430
	Trustee administration		fees		6,000
	Audit fees				1,725
					8,155


16	Cash gene	rated from operatio	ns			2022
						E
	Surplus for	the period				893,072
	Adjustments	for:
	Investment	income recognised	in statement	offinancial	activities	(17,502)
	Gain on disposal of investments					(10,744)
	Unrealised	gain on investments				(39,864)
	Movements	in working capital:
	Increase in	creditors				8,155
	Cash generated from operations					833,117
17	Analysis ofchanges in net funds/(debt)
	The Charity	had no debt during	the year.
18	Cash and	cash equivalents

			2022
Cash	at bank and	in hand	8,759
Cash	invested		47,040
			55,799

Donations made during	the year
			2022
			F
Arthur Rank Hospice			5,000
Candle for India (Deepti	Centre)		13,000
Centre for Theology 8 Community			8,000
Emmanuel College, Cambridge			18,000
Kings College Memorial	Service		2,500
Nzirambi Orphans Talent	Development	Centre UK (NOTDEC UK)	18,000
Refugee Education UK			2,500
Society of Friends of Mvumi Hospital			15,000
SPEAR			15,000
The Kite Trust			9,000
Trussell Trust			8,000
University of Cambridge	- Prizes		5,000
			119,000

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