2022-02-14-accounts

		Page(s)	Page(s)	Page(s)
Reference and Administrative	Details
Report ofthe Trustees		2	to	5
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements		9	to	16
Detailed Statement ofFinancial	Activities		17
Investments (Appendix 1)		18	to	19

TRUSTEES	Mr Julian Courtauld,	Mr Julian Courtauld,	D.L.(Chairman)	D.L.(Chairman)	(deceased	(deceased	26'"
	November	2021).
	The Lord Lieutenant		ofEssex, Mrs Jennifer			Tollhurst.
	Lieutenant	General Sir Anthony		Denison-Smith,			K.B.E,,
	D.L.
	Mr Thomas	Julien Radclyffe Couitauld,			D.LJ,B.
	(Chairman).
	The Bishop	ofChelmsford, The		Right Reverend			Stephen
	CotterelL (resigned 2"s September 2021).
	Dr Lorraine	Emily Craig.
	Mrs Candida Natasha		Perina Mary Fenner-Robson.
	The Right Reverend		Guli Francis-Dehqani			(appointed		2's
	September	2021).
CLERK TO THE TRUSTEES	Miss Leah Woodnott
	1 Amphora	Place
	Sheepen Road
	Colchester
	Essex
	C03 3WG
PRINCIPAL ADDRESS	I Amphora	Place
	Sheepen Road
	Colchester
	Essex
	CO3 3WG
REGISTERED CHARITY	226217
NUMBER
INDEPENDENT EXAMINER	Seago and Stopps
	Chartered Certified Accountants
	61 Station Road
	Sudbury
	Suffolk
	CO102SP
BANKERS	National Westminster		Bank Pic
	High Street
	Halstead
	Essex
	CO9 2AG
INVESTMENT MANAGERS	Smith &Williamson		Investment	Management
	25 Moorgate
	London
	EC2R 6AY

						14,2.22	14,2,21
			Unrestricted	Restricted	Endowment	Total	Total
			funds	fund	fund	funds	funds
		Notes	f.	I
INCOME AND
ENDOWMENTS FROM
Donations and legacies		2	200			200	200
Investment income		3	53 852			53,852	54 717
Total			54,052			54,052	54,917
EXPENDITURE ON
Raising funds		4	8,290			8,290	7,583
Charitable activities
Charitable donations		7	42,400			42,400	42,200
Total			50,690			50,690	49,783
Unrealised investments
Gains/(losses)					142,518	142,518	(73,683)
Realised gains/(losses)					3 4911	3,498	2 042
NKT INCOME/
(EXPENDITURE)			3,362		146,016	149,378	(66,507)
RECONCILIATION	OF
FUNDS
Total funds brought
forward			67,168	50,000	1,472,583	1,589,751	1,656,258
TOTAL FUNDS
CARRIED FORWARD			70530	511000	1618599	1739129	1589751

						14.2.22	14.2.21
		Unrestricted	Restricted	Endowment		Total	Total
		funds	fund	fund		funds	funds
	Notes						f,
FIXEDASSETS
Investments	8	]4,969		1,618,599	1,633,568		1,491,050
CURRENT ASSETS
Debtors	9	5,360				5,360	5,360
Investments	10	21,213	30,000			51,213	46,645
Cash at bank		31,042	20,000			51 042	50,136
		57,615	50,000			107,615	102,141
CREDITORS
Amounts falling due within
one year	11	(2,054)				(2,054)	(3,440)
~ETEEEEEETASSETS		55 561	50tltltl			105 561	98701
TOTAL ASSETSLESS
CURRENT LIABILITIES		70,530	50,000	1,618,599	1,739,129		1,589,751
NKT ASSETS		70530	50000	1618599	1739129		15119751
FUNDS	12
Unrestricted funds						70,530	67,168
Restricted funds						50,000	50,000
Endowment funds					I	618599	1472583
TOTALFUNDS					1739,129		1589751

					14,2.22	14,2,21
Donations					200	200
INVESTMENT INCOME
					14.2.22	14,2.21
Investment	income	(Appendix	1)		47,583	49,185
Overseas	investment	income	(Appendix	I)	6,269	5,498
Smith & Williamson		interest				34
					53 852	~54 717

4.	RAISING FUNDS
	Investment management	costs
			14.2.22	14.2.21
	Administration charge		5,886	5,293
	Accountancy fees		1,554	1,440
	Website development		850	850
			~8290	7,583

Appeal			Amounts
Gino Watkins Memorial Fund			9,000
Essex Boys and Girls Club			6,000
Stubbers Adventure Centre			4,000
The Dews Hall Trust			3,000
The Cirdan Sailing Trust			2,000
Sea-Change Sailing Trust			2,000
Bishop ofChelmsford's Discretionary		Fund	1,500
Roman River Music			1,000
Open Road Visions			1,000
StClare West Essex Hospice Care Trust			1,000
Prader-Willi Syndrome Association	UK		1,000
Trust Links Limited			1,000
Corbets Tey School Parents and Friends Association			700
Essex Playing Fields Association			700
Lennox Children Cancer Fund			500
The Respite Association			500
Brentwood Catholic Children's Society			500
InterAct Chelmsford			500
The League ofFriends ofSt. Andrews		Church Halstead	500
Stepping Stones Play and Learn Group			500

7,	GRANTS MADE BYTHE TRU	STEES AT THEIR 2021	MEETING -continued
	StGiles Trust			500
	Braintree Youth Project Charity			500
	Open Arts			500
	Poppy Cross			500
	57 West Baptist Church			500
	Castle Point Social Car Scheme			500
	Living Paintings			500
	Support 4 Sight			500
	Braintree Area Foodbank Limited			500
	Stella Maris			500
	Barge Growler			500
				42,400
8.	FIXEDASSETINVESTMENTS
	See Appendix l.
9.	DEBTORS
			14.2,22	14,2.21
	Amounts falling due within one year;
	Income tax recoverable		1 259	1 259
	Amounts falling due atter more than one year;
	Other debtors		~4101	~4101
	Aggregate amounts		~5360	~5360
10,	CURRENT ASSET INVESTMENTS
			14.2.22	14.2,21
	Smith & Williamson —Investment	bank account	51 213	46,645

14,2.22	14.2.21
2,054	3,440

	Other creditors			2,054		3,440
12,	MOVEMENT IN FUNDS
				Net
			At	movement		At
			15.2.21	in funds		14.2.22
	Unrestricted funds
	Unrestricted income fund		67,168	3,362		70,530
	Restricted funds
	William Hunt Trust		50,000			50,000
	Endowment funds
	Permanent endowment	1,472,583		146,016	1,618,599
	TOTAL FUNDS	1	589 751	189 378	1	739 129

			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
Unrestricted		funds
Unrestricted		income fund	54,052	(50,690)		3,362
Endowment		funds
Permanent	endowment				146,016	146,016
TOTAL FUNDS			54,052	~50 690)	146,016	149378

				Net
			At	movement	At
			15.2.20	in funds	14,2,21
				8
Unrestricted		funds
Unrestricted		income fund	62,034	5,134	67,168
Restricted	funds
William Hunt		Trust	50,000		50,000
Endowment		funds
Permanent	endowment		1,544,224	(71,641)	1,472,583
TOTAL FUNDS			1 656 258	~66 567)	1588 751

			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
			8		f.
Unrestricted		funds
Unrestricted		income fund	54,917	(49,783)		5,134
Endowment		funds
Permanent	endowment				(71,641)	(71,641)
TOTAL FUNDS			54,917	~49,783)	~71,641)	~66 507)

				Net
			At	movement	At
			15.2.20	in funds	14.2.22
			f,	f.
Unrestricted		funds
Unrestricted		income fund	62,034	8,496	70,530
Restricted	funds
William Hunt		Trust	50,000		50,000
Endowment		funds
Permanent	endowment		1,544,224	74,375	1,618,599
TOTAL FUNDS			1,636238	82871	1739129

			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
Unrestricted		funds
Unrestricted		income fund	108,969	(100,473)		8,496
Endowment		funds
Permanent	endowment				74,375	74,375
TOTAL FUNDS			108969	~100473)	74 375	82,871

		14,2.22	14,2.21
			f.
INCOME AND ENDOWMENTS
Donations and legacies
Donations		200	200
Investment income
Investment income (appendix	1)	53,852	54,683
Smith & Williamson interest			34
		~53 852	~54 717
Total incoming resources		54,052	54,917
Investment management costs
Administration charge		5,886	5,293
Accountancy fees		1,554	1,440
Website development		850	850
		8,290	7,583
Charitable activities
Charitable donations		42 400	42 200
Total resources expended		~50 690	49,783
Net income before gains and	losses	3,362	5,134
Realised recognised gains and losses
Vnrealised investment gains (losses)		142,518	(73,683)
Realised gains/(losses)		~3498	~2042
Net income/(expenditure)		1~49 378	~66 507)

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