2022-03-31-accounts

CONTENTS		PAGE
Report ofthe Trustees
Statement of Financial	Activities
Balance Sheet
Notes to the Accounts
Report ofthe Auditors

KYTES EXECUTIVE COMMITTEE REPORT OF THE TRUSTEES YEAR ENDED 31STMARCH 2022	KYTES EXECUTIVE COMMITTEE REPORT OF THE TRUSTEES YEAR ENDED 31STMARCH 2022	KYTES EXECUTIVE COMMITTEE REPORT OF THE TRUSTEES YEAR ENDED 31STMARCH 2022	KYTES EXECUTIVE COMMITTEE REPORT OF THE TRUSTEES YEAR ENDED 31STMARCH 2022
REFERENCE AND ADMINISTRATIVE INFORMATION
Registered	Charity Number	223067
Registered	Name	Kytes
Office Address		P.O.Box 12369
		Bishops Stortford
		CM23 9JZ
Trustees		The Order of	St.John ofJerusalem
		Mr. B.Wingate BSc(Hons)		(Chairman)
		Dr. D.Taverner
		Co-opted
		Mr. M.Fox		(Vice-Chairman)
		Mr. T. O'Brien	BCOM FCA
		Mrs. T.Smith
		Mrs. N. Stout
		Mrs. J.Cox
Secretary	/ Treasurer	Mr. D.Ogilvie
Solicitors		Womble Bond	Dickinson
		St Ann's Wharf, 112Quayside
		Newcastle Upon Tyne
		NE1 3DX
Auditors		FKCA Limited
		260 —270 Butterfield
		&eat Marlings
		Luton, Beds.
		LU2 8DL
Bankers		Barclays Bank	Plc
		32, Clarendon	Road
		Watford, Herts.
		WD1 1BZ
Investment		Cazenove Capital
Managers		12Moorgate
		London
		EC2R 6DA

			Note		2022	2021
UNRESTRICTED	FUNDS
Income from:
Investments					67,817	69,323
Expenditure on:
Charitable activities					(71,959)	(76,016)
Net gains / (losses)	on investments
Realised gains on investments						11
Unrealised gains / (losses) on investments				65,941		283,237
					65,941	283,248
Net movement in funds					61,799	276,555
Reconciliation offunds:
Total funds brought	forward	1st April 2021			1,828,156	1,551,601
Total funds carried forward
31stMarch 2022					1,889,955	1,828,156

		Note	2022	2021
FIXEDASSETS
Investments			1,864,627	1,735,235
CURRENT ASSETS
Investments			24,193	69,176
Cash at bank and in	hand		4,231	26,751
			28,424	95,927
Creditors: amounts	falling due within
one year			3,096	3,006
NET CURRENT ASSETS			25,328	92,921
TOTAL ASSETSLESSCURRENT
LIABILITIES			1,889,955	1,828,156
FUNDS			1,889,955	1,828,156

			2022	2021
2.	EXPENDITURE
	Charitable activities
	Grants payable		8,295	20,345
	Grants reimbursed			(1,100)
	Special donations		52,638	46,332
	Secretary / treasurer	honorarium	3,000	3,000
	Governance costs: audit fees		3,096	3,006
	Printing, postage and	stationery	488	448
	Bank charges		92	69
	Investment management fees		4,350	3,916
			71,959	76,016
3.	FIXEDASSETINVESTMENTS
	At 1st April 2021		1,735,235	1,475,179
	Income reinvested		67,801	69,241
	Liquid funds transfer			(88,517)
	Realised gains on disposals			11
	Unrealised net gains	/ (losses) on revaluation	65,941	283,237
	Management fees		(4,350)	(3,916)
	At 31stMarch 2022		1,864,627	1,735,235

	were then recovered in the first quarter ofthe year t the gain off283,237 shown for the 2021 accounts.	were then recovered in the first quarter ofthe year t the gain off283,237 shown for the 2021 accounts.	o 30th June 2020 and form	a large element o
	Investments at 31stMarch 2022 comprise:
	Listed investments		1,864,627	1,718,908
	Cash held within investment	portfolio		16,327
			1,864,627	1,735,235
	Historical cost at 31stMarch	2022	1,748,299	1,684,580
4.	CURRENT ASSETINVESTMENTS
	Cash or cash equivalents		24,193	69,176
5.	CREDITORS
	Amounts falling due within	one year
	Accruals		3,096	3,006

			Unrestricted
6.	FUNDS		funds
	At 1st April 2021		1,828,156
	Net movement	in funds	61,799
	At 31stMarch	2022	1,889,955

								2022	2021
8.	FINANCIAL INSTRUMENTS
	The carrying amounts		of the		charity's		financial
	instruments	are as follows:
	Financial	assets:
	Measured	at fair value through		net income		/ expenditure:
	Fixed asset listed investments			(note 3)				1,864,627	1,735,235
	The net	gains attributable		to the	charity's		financial
	instruments	are summarised	as	follows:
	Net gains	(including changes	in fair value)					65,941	283,248