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|Trustees|MrJ Peace||
|---|---|---|
||Rsv A Pollington||
||Mr PR Thompson||
||Mr G Young||
||MrJWotton||
||MrSHolden||
||MrT Mulline||
||Mr A Cragg||
||Mr C May||
|Charity number|290237||
|Principal address|Cranbrook<br>School||
||Waterloo Road||
||Cranbrook||
||Kent||
|Auditor|Baxter tt Co||
||Lynwood<br>House||
||Crofton Road||
||Orpington||
||Kent||
||BR6 BQE||
|Bankers|BR6 SQE||
||National<br>Westminster|Bank Pic|
||High Street||
||Cranbrook||
||Kent||





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|||Page|
|---|---|---|
|Trustees'<br>report||1-2|
|abatement<br>of Trustees'|responsibilities||
|Independentauditor's|report||
|Statement offinancial|activities|6-7|
|Balance sheet|||
|Statement ofcash flows|||
|Notes to the financial|statements|1D-22|





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|Current financial year|Current financial year|Current financial year|||||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|Total|Total|
|||||funds|funds|funds|||
|||||2021|2021|2021|2021|2020|
||||Notes|8|6|8||6|
|Income and endo||ments from:|||||||
|Donations<br>and|legacies||||30,663||30,663|52,756|
|Charitable<br>activities||||93,929|||93,929|103.648|
|Other trading activities||||7,691|||7,691|192,935|
|Investments||||6,453|8,084||14,537|18,477|
|Other Income||||68|||68|159|
|Total Income||||1D8,141|38,747||146,888|367,975|
|E~Cht|||||||||
|Raising funda||||8,338|||8,338|111,127|
|Charitable<br>activities||||20,378|54,647||75,025|160,586|
|Totalresources|expended|||28,716|54,647||83,363|271,713|
|Net gains/(losses)||on investments|13|14,214|21,596|68,099|103,909|(45,851)|
|Net movement|In|funds||93,639|5,696|68,099|167,434|5D,411|
|Fund balances|at 1 April 2020|||1,090,884|645,204|17,251,877|18,987,965|18,937,554|
|Fund balances|at|31 March 2D21||1,184,523|650,900|17,319,976|19,155,399|18,987,965|





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|Prior financial year|||||||
|---|---|---|---|---|---|---|
||||unreatricted|Restricted|Endowment|Total|
||||funda|funds|funds||
||||2020|2020|2020|2020|
|||Notes|E|E|E|E|
|income snd endowments|ro||||||
|Donabons and legades<br>Chsritsble<br>activities<br>Other trading<br>activities|||103,648<br>192,935|52,756||52,756<br>103,848<br>192.935|
|InvestITlsnts<br>Other income|||6,676<br>159|11,801||18,477<br>159|
|Total Income|||303,418|64,557||367,975|
|~F<br>"dh|||||||
|Raising funds<br>Charitable<br>activities||8<br>9|111,127<br>51,805|1D8,781||111,127<br>160,586|
|Total resources expended|||162,932|108.781||271,713|
|Net gains/(losses)<br>on investments||13|(12,899)|(14,148)|(18,804)|(45,951)|
|Net movement<br>in funds|||127,587|(58,372)|(18,804)|5D,411|
|Fund balances at 1 April 2019|||963,297|703,576|17,270,681|18,937,554|
|Fund balances at 31 March|2020||1,090,884|645,204|17,251,877|18,987,965|





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||||||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Notes||||||6|6|6|
|Fixed assets|||||||||||||||
|Tangible assets|||||||14||||||17,546,190|17,546,190|
|Investments|||||||15||||||558,832|454.924|
||||||||||||||18,105,022|18,001,114|
|Current assets|||||||||||||||
|Stacks|||||||16||||1,523|||2,835|
|Debtors|||||||17||||6,824|||37,097|
|Gash at bank||and in||hand||||||1,063.755||||981,943|
|||||||||||1,072,102||||1,021,875|
|Creditors:|amounts|||faliing|due within||||||||||
|one year|||||||18||||(21,725)|||(35,024)|
|Net current|assets||||||||||||1,050,377|986,851|
|Total assets||less current|||gabilities||||||||19.155.399|18,987,965|
|Capital funds|||||||||||||||
|E<br>o menf|||ds-|ene|I||||||||||
|Endowment|funds|||||||||13,929,648||||13,861,549|
|Revaluation|reserve|||||||||3,390,328||||3,390,328|
||||||||'I9||||||17,319,976|17,251,877|
|Income funds|||||||||||||||
|Restricted|funds||||||19||||||650,900|645,204|
|Unrestricted||funds|||||19||||||1,184,523|1,090,884|
||||||||||||||19,155,399|18,987,965|
|||||||||||2.I|||||
|yh|t<br>t|t|t|\|dd|thy th|E|t||pC,||47,,2y|||
|rd peace|||||||||Mr|W|||||
|Trustee|||||||||Tru|e|||||





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|||||||2021||2020||
|---|---|---|---|---|---|---|---|---|---|
|||||Notes|6|||8||
|Cash flows from operating||activities||||||||
|Cash generated<br>from operations||||22|||67,2'75||72,207|
|Investing|actlvlgres|||||||||
|Purchase <br>Dividend|oftangible fixed assets<br>and Interest received||||14,537|||(246,348)<br>18,47'7.||
|Net cash|generated<br>from/(used||in)|||||||
|investing|activities||||||14.537||(227,871)|
|Net cash|used in financing|activities||||||||
|Net increase/(decrease)<br>In||cash|snd|cash||||||
|equivalents|||||||81,812||(155,664)|
|Cash and|cash equivalents|at beginning||ofyear|||981,943||1,137,607|
|Cash and|cash equivalents|at end of||year|||1,063,755||981,943|





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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2021|2020|
||||6|6|
|Stationary shop income|||192|160|
|Summer|lettings income|||132,835|
|Letlings|income||5,539|28,628|
|Queens|Hall|events income|(37)|18,912|
|Other income|||1,997|12,400|
|Other trading||acdviTies|7,691|192,935|



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|||Unrestricted|Restricted|Total|Unrestricted|Reslri cted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||2021|2021|2021|2020|2020|2020|
|||6|6|6|6|6||
|Dividend|income|6,416|7,718|14,134|6,185|10,251|16,436|
|Interest|receivable|37|366|403|491|1.550|2,041|
|||6,453|8,084|14.537|6,676|11,801|18.477|
|Other income||||||||
|||||||Unrestricted|Unrestricted|
|||||||funds|funds|
|||||||2021|2020|
|||||||6|6|
|Olher income|||||||159|





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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2021|2020|
|||6|6|
|T~Ch||||
|Stationary<br>shop expenses<br>Summer lettings expenses||(22)|791<br>72,575|
|Lettings expenses<br>Queens<br>Hall event expenses<br>Otherexpenses<br>Share ofgovernance<br>costs (see note 10)||2,150<br>3,541<br>1,669<br>1.000|10,583<br>25,980<br>198<br>1,000|
|||8,338|111,127|



## 

|||Charitable|Charitable|
|---|---|---|---|
|||Expenditure|Expenditure|
|||2921<br>6|2020<br>f|
|Salary recharge-<br>Clerk to Trustees<br>Fees remission<br>claim<br>Cranbrook School Donations||11,028<br>52,750|11,1D3<br>22,397<br>1D4,090|
|Awards and prizes<br>Other expenses||7,747|17,997<br>494|
|||71,525|156,081|
|Share ofgovernance|costs (see note 10)|3,500|4,5D5|
|||75,025|160,586|
|Analysis<br>by fund||||
|Unrestricted<br>funds<br>Restricted funds||20,378<br>54,647|51,8D5<br>106,781|
|||75,025|16D,586|





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|Support c|osts|||||||
|---|---|---|---|---|---|---|---|
|||Support|Governance|2021Support costs||Governance|2020|
|||costs|costs|||costs||
|||E|E|E|E|E||
|Audit fees|||4,500|4.500||4,505|4,505|
|Other||||||1,000|1,000|
||||4,500|4,500||5,505|5,505|
|Anslysed|between|||||||
|Fundraislng|||1,000|1,00D||1,000|1,0DO|
|Charitable|activities||3,500|3,500||4,505|4,505|
||||3,5DO|4,500||5,5D5|5,5D5|



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|2021|202D|
|---|---|
|Number|Number|



## 

|Net gains|/(lo|sses)<br>on Investments|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Sndowment|Total|
||||funds|funds|funds||
||||||general||
||||2021|2021|2D21|2021|
||||E|E|E|E|
|Valuation|of|investments|14,214|21,596|68,099|103,909|
||||14,214|21,596|68,099|103,909|





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|||t)nrestrictsd|Restricted|Endowment|Total|
|---|---|---|---|---|---|
|||funds|funds|funds||
|||||general||
|||2020||2020|2020|
|||E||8||
|Valuation|ofinvestments|(12,899)|(14,148)|(18,804)|(45,851)|
|||(12,899)|(14,148)|(18,804)|(45,851)|



## 

|Tangible|fixed assets||
|---|---|---|
|||Freehold<br>land snd|
|||buildings|
|||8|
|Cost|||
|At 1 April|2020|17,546,190|
|At 31 March 2021||17,546,190|
|Carrying|amount||
|At 31 March 2021||17,546,190|
|At 31 March 2020||17,546,190|





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|Financial|assets||||||
|---|---|---|---|---|---|---|
||||Canying|amount||Original cost|
||||2021|2020|2021|2020|
||||8|6|8|8|
|Unrestricted<br>Unrestricted<br>Restricted <br>Restricted<br>Restricted <br>Endowment|-Williain Rootss GiR Fund<br>-Vickers Fund<br> -Webster Exhibition<br>Fund<br>—SEF<br> - General<br>Fund<br>-Army Prize||33,983<br>43,795<br>29,041<br>30,926<br>53,940<br>1,146|27,591<br>35,973<br>24,067<br>23,829<br>44,415<br>950|16,818<br>30,000<br>3,217<br>12,835<br>8,082<br>50D|16.818<br>30,000<br>3,217<br>12,835<br>8,082<br>500|
|Endowment<br>Endowment <br>Endowment <br>Endowment|-Joss Prize<br> - SEF<br> - Congreve<br>-Other||4.446<br>76,410<br>12,135<br>273,010|3,685<br>62,132<br>9,968<br>222,314|3,000<br>21,925<br>4,000<br>57,08D|3,000<br>21,925<br>4,000<br>57,080|
||||558,832|454,924|'f57,457|157,457|
|Stocks|||||||
||||||2021|2D20|
||||||8|8|
|Stationery and other stock|||||1.523|2,835|
|Debtors|||||||
|Amounts<br>falling due within one year:|||||2021<br>5|202Df|
|Trade debtors<br>Other debtors|||||1.185<br>5,639|9,626<br>27,471|
||||||6,824|37,097|







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|Credi|tors: amounts<br>falling due within one year|||
|---|---|---|---|
|||2021f|2920f|
|Trade|creditom|13,368|3,335|
|Other|creditors|8,357|31,688|
|||21,725|35,024|



|19|Funds||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Balance at<br>1April 222S|Incoming<br>resources|Resources<br>expended|Transfers|Revaluations,<br>gales and<br>losses|Balance et<br>31Inarch 2021|
||||||f|f|f|f|8||
||Restricted funds||||||||||
||Building extension||fund||397,242|31,025|(46,902)|||381,365|
||Property<br>renewal||fund||150,0DD|||||150,000|
||Prize and gift fund||||60,082|2,836|(7,745)||14,498|69,671|
||Scholarship<br>fund|endowment|||30,670|4,454|||7,098|42,222|
||Congreve<br>exhlbigon|||fund|7,210|432||||7,642|
||||||645,204|38,747|(54,647)||21,596|650,900|
||Endowment|funds|||||||||
||Permanent|endowment|||||||||
||fund||||17,251,877||||68,D99|17,319,976|
||||||17,251,877||||68,D99|17,319.976|
||Unrestricted|funds|||||||||
||Unrestricted|Qerleral||fund|1,090884|108141|(28 716)||14,214|1,184,523|
||||||1,090,884|108,141|(28,716)||14,214|1,184,523|
||Total funds||||18,987,965|146,888|(83,363)||103,909|19,155,399|





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|||||Balance et|Incmnlne|Reaeurcee|Transfers|Ravaiuatiene,|Balance at|
|---|---|---|---|---|---|---|---|---|---|
|||||1 Aprn zeta|recourses|expended||same and|31March Zozo|
|||||||||ieeeae||
||||||E|8|E|6|8|
|Restricted|funds|||||||||
|Building extension<br>fund<br>Property<br>renewal<br>fund<br>Prize and gift fund<br>Scholarship<br>endowment||||433,682<br>150,000<br>79,009|4,407<br>54,345|(17,996)<br>(90,785)||(5,338)|397,242<br>150,000<br>60,082|
|fund<br>Congreve<br>exhibition|||fund|34,171<br>6,714|5.309<br>498|||(S,S10)|30,670<br>7,210|
|||||703,576|84,557|(108,781)||(14,148)|645,204|
|Endowrnentfunds||||||||||
|Permanent|endowment|||||||||
|fund||||17,270.681||||(18,804)|17,251,877|
|||||'i7,270,681||||(18,804)|17,251,877|
|Unrestricted|funds|||||||||
|Unrestricted|general||fund|g63,297|303,655|(163,169)||(12,899)|1,090,884|
|||||963,297|303,655|(163,169)||(12.899)|1,090,884|
|Total funds||||18,937,554|368,212|(271,950)||(45,851)|18,987,965|





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|Analysis of net assets between funds|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Endowment|Total|
||funds|funds|funds||
||2021|2021|2021|2021|
||f|6|9|6|
|Fund balances at 31 March 2021 are|||||
|represented<br>by:|||||
|Tangible fixed assets|594,550||16,951,640|17,546,190|
|Investments|77,778|113,907|367,147|558,832|
|Current assets/(liabilities)|512,195|536,993|1,189|1,050,377|
|Total net assets|'l,184,523|650,900|17,319,976|19,155,399|





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|||Unrestricted|Restrikded|Endowment|Total|
|---|---|---|---|---|---|
|||funds|funds|funds||
|||2020|2020|2020|2020|
|||E|E|E|E|
|Fund balances|at 31 March 2020 are|||||
|represented<br>by:||||||
|Tangible fixed assets<br>Investments<br>Current<br>assets/(liabilities)||594,550<br>63,564<br>432,770|92,311<br>552,893|16,951,540<br>299,049<br>1,188|17,546,190<br>454,924<br>986,851|
|Total net assets||1,090,8S4|645,204|17,251,S77|18,987,965|



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|Chd<br>||||
|---|---|---|---|
|as generate<br>from operati|ns|2021|2020|
|||E|E|
|Surplus for the year||167,434|50,411|
|Adjustments<br>for.||||
|Investment<br>income recognised<br>Fair value gains and losses on|in statement offinancial activities<br> investments|(14,537)<br>(103,909)|(18,477)<br>45,851|
|Movements<br>in working capital:||||
|Decrease<br>in stocks<br>Decrease/(increase)<br>in debtors<br>(Decrease)<br>in creditors||1,312<br>30,273<br>(13,298)|449<br>(5,333)<br>(694)|
|Cash generated<br>from operations||67.275|72,2D7|





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|23|Trading Account|Trading Account||||||||
|---|---|---|---|---|---|---|---|---|---|
||||Stationary shop|Summer|l.ettlhgs|rtueen's|Hall|taso|Total|
|||||lettiegs||events||||
||||2021<br>E|2021f|2021<br>E||2021<br>E|2021f|2021<br>E|
||Income|||||||||
||Sales||192||5,539||(37)|1.997|7,691|
||||192||5,539||(37)|1,997|7,691|
||0lrect costs|||||||||
||Opening stock<br>Purchases||(22)||2,835<br>1,940||||2,835<br>1,918|
||Closing Stock||||(1,523)||||(1,523)|
||||(22)||3,252||||3,230|
||Gross profit||214||2,287||(37)|1,997|4,461|
||Expenses<br>Salary recherges|||||1,980|||1,980|
||Catering|||||||1,165|1,185|
||Utility charges||||7D||||7D|
||Advertising/Printing|||||1,'l23|||1,123|
||Accountancy|snd audit||||||1,000|1,DOD|
||Worldpay charges|||||||358|358|
||Website costs||||||290||290|
||Miscellaneous||||140||148|148|434|
||||||210|3,541||2,669|6,420|
||Net surplus oftrading<br>activities||214||2,077|(3,578)||(672)|(1,959)|