2021-09-30-accounts

Trustees:		RJ Martin			Chairman
		J Etheridge			Vice-Chairman
		A M Gayler			Hon Treasurer
		P A Dunn			Hon Secretary
		R M SAllanson
		SJ Barke(Dr)
		N SCrane
		A C Dracoulis
		DJ Edwards
		RJGooderson
		FA P McCombie
		C Odegaard
		A R Pickering K.A Smith			Deceased 2"' April 2021
		N D Somers
Address:		Whitg it't School,
		Haling Park,
		South Croydon,
		Surrey, CR2 6YT.
Independent	examiner:	Peter L.Wallyn,	FCA
		Thornton Springer,		LLP
		Chartered Accountants,
		67, Westow Street,
		London, SE193RW.
Charity number:		210978
Bankers:		CAF Bank Limited,
		PO Box289,
		West Mailing,
		Kent, ME194TA.

				Unrestricted	Unrestricted
				Funds	Funds
				2021	2020
			Notes
Income from:
Voluntary income				9,432	6,551
Investment income				30990	34936
Total income				40,422	41,487
Expenditure on:
Charitable activities				26,901	17,051
Support costs				1 618	1 702
Total expenditure				28,519	18,753
Excess ofincome over expenditure				11,903	22,734
Other recognised gains and		losses:
Net unrealised gain / (loss) on		investments		139697	~139055
Net income I(expenditure)	for
the year and net movement		in funds		151,600	(116,321)
Balance at 1"October 2020				870344	986665
Balance at 30~ September	2021			1 021 944	870 344

		Notes			2021f		2020f
Fixed assets
Investments		6	900,174			710,478
Secured loans		7	28,447			29,647
Unsecured loans		8	29565			57412
					958,186		797,537
Current assets
Debtors			1,274			1,000
Cash at bank			64254			72 610
			65 528			73610
Deduct: Current	liabilities:
Creditors due within one year		10	1 770			803
Net current assets					63758		72 807
Net Assets				1	021 944		870344
Funds
Unrestricted general fund				1	021 944		870344

oluntary Income
	2021	2020
	E
Subscriptions	6,214	5,751
Donations	3218	800
Total	9,432	6,551

nvestment income nvestment income comprises:
	2021	2020
Dividends	30,990	34,936
Total	30,990	34,936

4	Charitable activities
				2021	2020
	Grants made for the benefit of pupils ofWhitgift School			7,397	11,849
	Grants made to others within the	beneficial class		3012	4 560
				10,409	16,409
	Increase / (decrease) in provision	for irrecoverable	loans	16492	642
	Total			26 901	17051
5	Supportcosts
				2021	2020
	Independent examination			1,000	1,200
	Sundry expenses			298	152
	Trustees' insurance			320	350
	Total			1 618	1 702
6	Fixed asset investments
				2021	2020
	Quoted investments Market value at 1"October			710,478	849,533
	Additions			50,000
	Disposals
	Revaluation Gain / (Loss)			139696	~139055
	Market value at 30~ September			900 174	710478
	Historical cost at 30"September			500 832	450 832

				2021	2020
SUTL Cazenove	Charity Equity	Fund Income Units		216,405	148,357
M&G Charibond	Income Shares			102,743	105,351
M&G Charifund	Income Units			312,640	244,772
Schroders Multi-Asset Fund Distribution			Units	117,502	106,475
BlackRock Charinco Common		Investment	Fund Income	98,713	105,523
Units
Rathbones Core	Investment Fund for Charities Income Units			52,171
Market value at	30~ September			900,174	710,478

ssistance given by the Society. Interest, wh ovements in the year were as follows:	ere appropriate, is credited to in	come when
	2021	2020
Balance 1"October	29,647	31,297
Advances
	29,647	31,297
Repayments	(1,200)	(1,650)
Balance 30~ September	28,447	29,647

	Movements	in the year were as follows:	in the year were as follows:
				2021	2020
	Balance	1"October		124,201	111,233
	Advances			2,000	18,815
				126,201	130,048
	Repayments Net adjustments			(9,568) ~3,787	(5,147) ~700
				112,846	124,201
	Provision	for irrecoverable	loans	(83,281)	(66,789)
	Balance	30~ September		29,565	57,412
9	Debtors
				2021	2020
	Gift aid receivable			1 274	1 000
10	Creditors due within one year
				2021	2020
	Trade Creditors			1,770	770
	Grants Payable
	Trustee's	Expenses		0
				1 770	803