2022-06-30-accounts

					Page
Reference and administrative		details ofthe Charity,		its Trustees and advisers	1-2
Trustees' report					3-11
Independent auditor's	report	on	the financial statements		12-15
Statement offinancial	activities				16
Balance sheet					17
Statement ofcash flows					18
Notes to the financial	statements				19-37
			I

Reference	and Administrative Details of	and Administrative Details of	the Charity,	the Charity,	its Trustees and Advisers	its Trustees and Advisers
for the year ended 30June 2022
Governor		The Rt Revd and		Rt Hon Lord Chartres		KCVO DD FSA
Directors	(Trustees)	LJ Du Cane, Deputy Governor
		G R Rubython,	Treasurer
		EC A Martineau,		Secretary
		C E M Martineau,		Quarterly	Committee	Chairman
		J0 Cash
		PJ Duval
		Emma, Lady Monson
		Mrs P C Ouvry-Johns
		AJ Gillett .
		Dr G Fargher
		N B Ruth
		EC P Lefroy
Directors	(non-Trustees)	J G Ouvry
		J P AOuvry
		C K Cash
		J C BSouth (deceased 12			June 2022)
		J G Lefroy
		C Duval
		RW Place
		The 9th Earl of	Radnor
		The Very Rev,	H	EC Stapleton
		Wing Commander		D V Duval
		A J Houssemayne		de Boulay (deceased 4 February 2022)
		Mrs ES Leonard
		Mrs JS Darwin
		Mrs L McCarraher
		Ms C E South
		Dr TV Murdoch
		Mrs TA Letheren
		A E Duval
		Mrs PJ Hoffmann-Becking
		R C Gamier
		C P D Grellier
		D I Beeby
		H L Mallalieu
		C A M Boileau
Honorary	Director	Duke of Buccleuch and Queensberry,				KT, KBE
Charity registered
number		219318
Principal	office	41 La Providence
		Rochester
		Kent
		ME1 1NB

Independent	auditor	Kreston Reeves	Kreston Reeves	LLP	LLP
		Chartered Accountants
		. Statutory Auditor
		Montague Place
		Quayside
		Chatham Maritime
		Chatham
		Kent
		ME4 4QU
Bankers		The CAF Bank
		25 Kings Hill	Avenue
		Kings Hill
		West Mailing
		ME194TA
		Lloyds TSB
		Week Street
		Maidstone
		ME14 1RW
Solicitors		Bates Wells	8 Braithwaite London					LLP
		10Queen Street Place
		London
		EC4R 1BE
Chartered	Building	JA Warner	Ltd
Surveyor		The Joiners	Shop
		The Historic	Dockyard
		Chatham
		Kent
		ME4 4TZ
Clerk to the Trustees		I W Mackenzie		(retired		22 August		2021)
		C H Parker (appointed				23August		2021)
Chaplain		Rev A Lawal	(deceased			15October 2021)
		Rev B Beckhelling			(appointed		1 August 2022)
Steward		J Corrigan
Investment	Manager	Cazenove Capital
		1 London Wall Place
		London
		EC2Y 5AU
Investment	Manager	Brewin Dolphin		Ltd
		12Smithfield	Street
		London
		EC1A9BD
Head ofEngagement		Mrs N Tegg
and Deputy Clerk

for the year ended	30	June 20	22
			Endowment	Restricted	Unrestricted	Total	Total
			funds	funds	funds	funds	funds
		Note	2022f	2022 f	2022 f	2022	2021
Income and
endowments from:
Donations and legacies		4			55,183	55,183	25,487
Charitable activities		5			373,857	373,857	352,122
Investments			4,266	12,560	212,725	229,551	207,294
Total income and
endowments			4,266	12,560	641,765	658,591	584,903
Expenditure on:
Raising funds		7,8			38,705	38,705	25,404
Charitable activities		9		808	512,878	513,686	511,926
Total expenditure				808	551,583	552,391	537,330
Net income before
net (losses)/gains
on investments			4,266	11,752	90,182	106,200	47,573
Net (losses)/gains	on
investments			(166,220)	(39,576)	(189,965)	(395,761)	574,510
Net movement in
funds			(161,954)	(27,824)	(99,783)	(289,561)	622,083
Reconciliation of
funds:
Total funds brought
forward			669,588	224,949	4„817,593	5,712,130	5,090,047
Net movement in funds			(161,954)	(27,824)	(99,783)	(289,561)	622,083
Total funds carried
forward			507,634	197,125	4,717,810	5,422,569	5,712,130

Fixed assets				Note		2022 E		2021 F
Tangible assets Investments Investment property				12 14 13		461,723 3,686,066 1,096,235		816,408 3,814,144 793,637
Current assets						5,244,024		5,424,189
Stocks Debtors Cash at bank and in hand				15 16	4,969 21,551 238,379		5,084 40,317 306,394
					264,899		351,?95
Creditors: amounts	falling due within one
year				17	(86,354)		(63,854)
Net current assets						178,545		28?,941
Total net assets						5,422,569		5,712,130
Charity funds
endowment funds Restricted funds Unrestricted funds				18 18 18		507,634 197,125 4,717,810		669,588 224,949 4,817,593
Total funds						5,422,569		5,712,130
The financial statements signed on their behalf by:		were approved	and	authorised	for issue by the	Trustees on	25 March	2023 and
~~ owSi
JDuCane Deputy Governor					G R Rubython Treasurer

for the year ended 30June		2022
			2022	2021
Cash flows from operating		activities
Net cash used in operating	activities (note 22)		(29,883)	(104,097)
Cash flows from investing		activities
Dividends, interests and rents from investments			229,551	207,294
Proceeds from sale of investments			643,456	1,605,967
Purchase ofinvestments			(911,139)	(1,757,129)
Net cash (used in)/provided		by investing activities	(38,132)	56,132
Change in cash and cash		equivalents in the year	(68,015)	(47,965)
Cash and cash equivalents		at the beginning ofthe year	306,394	354,359
Cash and cash equivalents		at the end ofthe year (note 23)	238,379	306,394
The notes on pages 19to 37form part ofthese financial statements

	Unrestricted	Total	Total
	funds	funds	funds
	2022	2022	2021
Donations	52,373	52,373	21,102
Legacies			2,000
Friends' income	2,810	2,810	2,385
	55,183	55,183	25,487
Total2021	25,487	25,487

			Unrestricted	Total	Total
			funds	funds	funds
			2022f	2022	2021
Almshouse	contributions	receivable	373,857	373,857	352,122
Total 2021			352,122	352,122

	Endowment	Restricted '	Unrestricted	Total	Total
	funds	funds	funds	funds	funds
	2022	2022	2022	2022	2021
Rent			133,199	133,199	130,370
Income from listed investments	4,266	12,560	79,462	96,288	76,780
Interest receivable			64	64	144
	4,266	12,560	212,725	229,551	207,294
Total 2021	3,772	897	202,625	207,294

			Unrestricted	Total	.	Total
			funds	funds		funds
			2022f	2022		2021
Fundraising	expenses	~	18,228	18,228		9,180
Total 2021			9,180	9,180

			Unrestricted	Total	Total
			funds	funds	funds
			2022	2022	2021
					F
investment	management	fees	20,477	20,477	16,224
Total 2021			16,224	16,224

			Direct	Support	Total	Total
			costs	costs	funds	funds
			2022	2022f	2022	2021
Charitable		activities	478,235	25,451	503,686	511,926
Ukraine	DEC appeal donation		10,000		10,000
			488,235	25,451	513,686	511,926
Total 2021			483,319	28,607	511,926

	Restricted	Unrestricted	Total	Total
	funds	funds	funds	funds
	2022	2022	2022	2021
Repairs and maintenance		104,648	104,648	93,690
Accountancy		720	720	700
95 High Street - direct costs		31,048	31,048	69,128
Administration	808	23,129	23,937	18,314
Utilities and rates		52,881	52,881	48,473
Insurance		12,577	12,577	12,035
Wages and salaries		182,152	182,152	170,787
National insurance		11,847	11,847	11,196
Pension costs		6,338	6,338	6,421
Depreciation		52,087	52,087	52,575
	808	477,427	478,235	483,319
Total 2021	500	482,819	483,319

		Unrestricted	Total	Total
		funds	funds	funds
		2022	2022f	2021
Auditors'	remuneration	6,660	6,660	6,530
Professional fees		18,791	18,791	22,077
		25,451	25,451	28,607
Total 2021		28,607	28,607
Staff costs
			2022f	2021
Wages	and salaries		182,152	170,787
Social security costs			11,847	11,196
Pension	costs		6,338	6,421
			200,337	188,404

2022	2021
No.	No.

	La		95 High
	Providence	Lifts	Streetf	Total
Cost or valuation
At 1 July 2021	1,494,160	70,367	415,456	1,979,983
Transfers between classes			(415,456)	(415,456)
At 30June 2022	1,494,160	70,367		1,564,527
Depreciation
At1 July2021	1,002,712	55,941	'l04,922	1,163,575
Charge for the year	41,336	2,815	7,936	52,087
Transfers between classes			(112,858)	(112,858)
At 30June 2022	1,044,048	58,756		1,102,804
Net book value
At 30June 2022	450,112	11,611		461,723
At 30June 2021	491,448	14,426	310,534	816,408

		Freehold
		investment
		property
Valuation
At 1 July 2021		793,637
Transfers	between classes	302,598
At 30June 2022		1,096,235

	Listed
	investments
Cost or valuation
At 1 July 2021	3,814,144
Additions	911,139
Disposals	(454,764)
Revaluations	(584,453)
At 30June 2022	3,686,066
Net book value
At 30June 2022	3,686,066
At 30June 2021	3,814,144

					2022
	Cazenove	Multi-Asset	Fund		1,137,809
					1,137,809
15.	Stocks
				2022	2021
	Anniversary	books stock		4,969	5,084

		2022	2021
			E
Due within one year
Trade debtors		4,126	24,155
Prepayments	and accrued income	17,425	16,162
		21,551	40,317

				2022	2021
Trade creditors				16,889	16,834
Other taxation and		social security		3,194	3,454
Other creditors				66,271	43,566
				86,354	63,854
Deferred	income
				2022	2021
Deferred	income at 1 July 2021			31,567	33,226
Resources deferred		during the year		32,348	31,567
Amounts	released	from previous	periods	(31,567)	(33,226)
Deferred	income at 30June 2022			32,348	31,567

						Balance at
	Balance at 1			Transfers	Gains/	30June
	July 2021f	Income	Expenditure	in/out	(Losses)	2022f
Unrestricted
funds
Designated
funds
Cyclical
Maintenance
Fund	240,000			48,000		288,000
General funds
General Fund	4,536,277	641,765	(551,583)	(48,000)	(189,965)	4,388,494
Friends ofLa
Providence	41,316					41,316
	4,577,593	641,765	(551,583)	(48,000)	(189,965)	4,429,810
Total
Unrestricted
funds	4,817,593	641,765	(551,583)		(189,965)	4,717,810
Endowment
funds
Endowment
Fund	669,588	4,266			(166,220)	507,634
Restricted
funds
Trust Fund
Capital	134,599				(39,576)	95,023
Trust Fund
Income	73,468	12,560	(808)			85,220
Betard Bequest	16,882					16,882
	224,949	12,560	(808)		(39,576)	197,125
Total offunds	5,712,130	658,591	(552,391)		(395,761)	5,422,569

Statement offun	ds - prior year
						Balance at
	Balance at			Transfers	Gains/	30June
	1 July 2020	Income	Expenditure	in/out	(Losses)	2021
		E		F
Unrestricted
funds
Designated
funds
Cyclical
Maintenance
Fund	192,000			48,000		240,000
General funds
General Fund	4,021,714	580,194	(536,830)	(36,002)	507,201	4,536,277
Friends ofLa
Providence	41,276	40				41,316
	4,062,990	580,234	(536,830)	(36,002)	507,201	4,577,593
Total
Unrestricted
funds	4,254,990	580,234	(536,830)	11,998	507,201	4,817,593
Endowment
funds
Endowment
Fund	611,437	3,772			54,379	669,588
Restricted
funds
Trust Fund
Capital	130,623			(8,954)	12,930	134,599
Trust Fund
Income	76,115	897	(500)	(3,044)		73,468
Betard Bequest	16,882					16,882
	223,620	897	(500)	(11,998)	12,930	224,949
Total offunds	5090,047	584,903	(537,330)		574,510	5,712,130

each	Trust	in proportion to	the original cos	t there	of.
					Market value				Market value
					at 30June	Gains /			at 30June
					2021	(losses)	Transfers	out	2022
Outgift					134599	~39576)	5	218	F 95023
Trust	fund	income
			Balance	at 30	Reinvested	Distributed in			Balance at 30
			June	2021	income	year	Transfers	out	June 2022
Outgift			73	f 468	12560	~808)	f ~500)		85 220

Summary	offun	ds - current year
									Balance at
		Balance at 1					Transfers	Gains/	30June
		July 2021f	Income f	Expenditure	f		in/outf	(Losses) f	2022
Designated
funds		240,000					48,000		288,000
General funds		4,577,593	641,765	(551,583)			(48,000)	(189,965)	4,429,810
Endowment
funds		669,588	4,266					(166,220)	507,634
Restricted	funds	224,949	12,560	(808).				(39,576)	197,125
		5,712,130	658,591	(552,391)				(395,761)	5,422,569
Summary	offunds - prior year
									Balance at
		Balance at					Transfers	Gains/	30June
		1 July 2020f	Income f	Expenditure		f	in/out	(Losses)	2021f
Designated funds		192,000					48,000		240,000
General funds		4,062,990	580,234	(536,830)			(36,002)	507,201	4,577,593
Endowment
funds		611,437	3,772					54,379	669,588
Restricted	funds	223,620	897	(500)			(11,998)	12,930	224,949
		5,090,047	584,903	(537,330)				574,510	5,712,130

Analysis of net assets between fund	s - current year
	Endowment	Restricted	Unrestricted	Total
	funds	funds	funds	funds
	2022f	2022	2022f	2022f
Tangible fixed assets			461,723	461,723
Fixed asset investments	507,634	76,752	3,101,680	3,686,066
Investment property			1,096,235	1,096,235
Current assets		120,373	144,526	264,899
Creditors due within one year			(86,354)	(86,354)
Total	507,634	197,125	4,717,810	5,422,569

Analysis of net assets between funds	- prior year
	Endowment	Restricted	Unrestricted	Total
	funds	funds	funds	funds
	2021	2021	2021	2021
	E		E
Tangible fixed assets			816,408	816,408
Fixed asset investments	669,588	134,599	3,009,957	3,814,144
Investment property			793,637	793,637
Current assets		90,350	261,445	351,795
Creditors due within one year			(63,854)	(63,854)
	669,588	224,949	4,817,593	5,712,130

											2022	2021
												F
	Net income/expenditure		for	the	year	(as	per	Statement	of	Financial
	Activities)										(289,561)	622,083
	Adjustments for:
	Depreciation charges										52,087	52,574
	Gains/(losses) on investments										395,761	(574,510)
	Dividends, interests	and	rents	from	investments						(229,551)	(207,294)
	Decrease in stocks										115	68
	Decrease in debtors										18,766	7,391
	Increase/(decrease)	in creditors									22,500	(4,409)
	Net cash used in operating			activities							(29,883)	(104,097)
23.	Analysis ofcash and cash equivalents
											2022 f	2021
	Cash in hand										238,379	306,394