| PATRON | The Viscountess de L'Isle |
|---|---|
| Mr Allan Mowatt OBE | |
| TRUSTEES | Mr Julian Kirkness |
| Mr Richard Wailer | |
| Mrs Elizabeth Jenkins | |
| Ms Philippa Lawrence |
|
| Mr Adrian Warm | |
| The Chairman ofKent County Council Mr Graham |
|
| Gibbens |
| REGISTERED | OFFICE | Sessions House |
|---|---|---|
| County Hall |
||
| Maidstone | ||
| Kent | ||
| ME14 1XQ | ||
| INDEPENDENT | Dynamix Accountancy | |
| EXAMINER | Dane John W'orks | |
| Gordon Road | ||
| Canterbury | ||
| Kent | ||
| CT1 3PP | ||
| BANKERS | Metro Bank | |
| 10Week Street | ||
| Maidstone | ||
| Kent |
| THE | KENT | FOUNDATION | FOUNDATION | FOUNDATION | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FINANCIAL | STATEMENTS | ||||||||||||||
| For | Sm year | ended | 31 March 2021 | FofIhe year 31 March |
ehd«I 2020 |
||||||||||
| R«an«ad | Ta«l funds | (ee | |||||||||||||
| funds | To«i funda | In«hence«) | |||||||||||||
| 5 | 5 | ||||||||||||||
| INCOME FROM: | |||||||||||||||
| Dohsbohs. lens«as Cherheble «NvMes |
srul nrahls | 51.357-0 | 3.000 -0 |
54.357 -0 |
54.045 1.142 |
||||||||||
| Ih bh4fes |
73 | -0 | 73 | 310 | |||||||||||
| TOTAL INCOME | |||||||||||||||
| Chsmsbls scaveu« | |||||||||||||||
| -Due« coals | -0 | -0 | -0 | 1,737 | |||||||||||
| - M nsgarnamhfld | hedterlmm | 77,122 | -0 | 77122 | 75.002 | ||||||||||
| Govern«un | 800 | -0 | 080 | 900 | |||||||||||
| TOTAL EXPENORURE | -0 | 77 | 702 | ||||||||||||
| NET INCOMEI)EXPENDITURE) | |||||||||||||||
| TOTAL FUNDS SROUGHT FORNMRD | 05701 | ~tgy | 525 | ||||||||||||
| TOTAL FUNDS CARRIED FURR«)ID | ~00 | Tg1 | |||||||||||||
| As el | 31M«eh 2IMI | As m | 31Mmch 2020 | ||||||||||||
| 2 | 5 | 2 | 2 | ||||||||||||
| CURRENT ASSETS | |||||||||||||||
| KCC general mv««nant | «xounl | 0 | 00.025 | ||||||||||||
| C«8 mb«Adlai«« | 10 | 31 | 145 | ||||||||||||
| ~st | 170 | ||||||||||||||
| TOTAL ASSETS | |||||||||||||||
| CREDITORS | |||||||||||||||
| Ahewlb fsb«0 dim«Nun | «ls ya« | 5.340 | 5,«$ | ||||||||||||
| NETASSETS | 701 | ||||||||||||||
| CHARITY FUNDS | |||||||||||||||
| llvesthcum | Ra«a«ad | ||||||||||||||
| full de | l ah de | Treat fluids | |||||||||||||
| helms« at I Aprb 2020 | 05,701 | -0 | 85,701 | 107,825 | |||||||||||
| N«movemant m runes Su«e year |
f20.352) | 3.000 | (23.352) | t22.124) | |||||||||||
| TOTAL CHARITY FUNDS | 05701 | ||||||||||||||
| Aeploved by Iha True«as |
on.jg) "1' | X ?land ngnad | on | Ih«r | bahae by |
| THE KENT FOUNDAllON | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ACCOUNTING POLICIES |
||||||||||||
| The acawnls have been red in accadance with the Charitie SORP R r5 Chsribes:~ofRecommended Pradics ' to |
FRS102 'Accounti charibss ri |
snd their accounh |
||||||||||
| ' | ||||||||||||
| in accordance wNh the Finanical rb Standard a ble in ' |
the | UK snd | R | of | Ireland | FRS 102 | ||||||
| ehsdlve 1 Janus 2019 Financial Shndard 102snd |
Nra CharNies | Act | 2011. | |||||||||
| sl sccounti licies have been consists |
||||||||||||
| a | Basis of arabon ofscawnh and acawnb convention |
|||||||||||
| The accourris am red under the hisbxical cost convenbw and chs ' 's ' which are~in the R ofthe Trushes |
aN | ofwhich am conbnu | ||||||||||
| Grants receivable and able |
||||||||||||
| Granh receivable sm induded in ths sbrismsnt offinancial adivibas on a acavable |
basis. | |||||||||||
| Grants able are induded when id or when commiked |
||||||||||||
| Income | ||||||||||||
| AN income ex for volun income and donations is induded |
||||||||||||
| Statwnent ofFinancial Acb'v'ties when ths chs ' is en55ad |
nt | |||||||||||
| csn be uantified with assonabh secure I~t income is indudad on an accruals basis. |
||||||||||||
| Volonte income and donabons am accounted for as received |
the ch | |||||||||||
| with the associated | cosh | induded | in | |||||||||
| fund m' ' cosh. No rmsnent endowmenh have been received in |
Nre | r. | ||||||||||
| Donations in Kind am seawater for on ths basis ofa ma |
||||||||||||
| rscbcsl todo so. Note 3to the accounts Nst Nrs mah illa m kind |
and | their | scorns. | |||||||||
| AN e ndkure isaccounted for on sn acausls basis. |
||||||||||||
| e | Liabil nibon LiabiTibes sm nised wham itismas ' than not that there ' |
is a | ' | Ior~ | ' | ' n | ||||||
| commtbn tha ch to out msources and the amount ofthe |
can be | measured | wkh | |||||||||
| Creditors are measured at set5ement amounts less a bade discounts. |
||||||||||||
| Debtors rrickld trade dstriors arid loans oslvsbls srs maasumd ori |
inkhl | nhixi | st | Nariieiri | ||||||||
| amountalleran tradediscountsoramountadvancedb thecha |
' .Su | the | ars measured | |||||||||
| st the cash or other conaderabon to be mceived. |
||||||||||||
| Funds | ||||||||||||
| The Trust's funds consist ofunresbided amounts. The Trust |
uss unrsrriridsd |
amounts | at | |||||||||
| ih discre5on. | ||||||||||||
| At the Nme ofa rov' these aaxwnts the Trusbws have a reasonable |
that | the | ||||||||||
| ' | ||||||||||||
| cha has uate resources to oonbnue in al exislsncs for the |
orsseeable | future. | ||||||||||
| ' | ' | |||||||||||
| Thus the Tnuriees continue to the concern basis ofaccou |
in |
| CASH FLOW STATEMENT | CASH FLOW STATEMENT | CASH FLOW STATEMENT | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| The cha ' has |
taken advs | of | the exe | ' n available | to | smafi charITIes | ||||||
| under SOR FRS |
102.Accord' | no cash | fimv statement | has been | ||||||||
| INCOME FROM | DONATIONS. LEGACIES AND | Resbkaad | ||||||||||
| GRANTS | funds | Total | Toial | |||||||||
| 49645 | ||||||||||||
| 557 | -0 | |||||||||||
| Total | 51 | 357 | ||||||||||
| INCOME FROM | CHARITABLE ACTIVITIES | Total | Total | |||||||||
| -0 | -0 | -0 | 1 142 | |||||||||
| Total | -0 | -0 | 1 142 | |||||||||
| CHARITABLE ACTIVITIES | direct | coats | Total | Total | ||||||||
| Mentori | -0 | -0 | ||||||||||
| A Blast | ||||||||||||
| You Business |
E | 1047 | ||||||||||
| Total | -0 | -0 | -0 | 1 737 | ||||||||
| MANAGEMENT | AND ADMINISTRATION | Total | Total | |||||||||
| 72 | 52 | -0 | 72252 | |||||||||
| Staff nses |
-0 | |||||||||||
| Miscefianaous | -0 | 118 | ||||||||||
| Telecommunicabons | 527 | -0 | 527 | |||||||||
| Wsb hosti de |
' | n &Social Media | -0 | |||||||||
| Finance &Bank | Cha | |||||||||||
| Ollice runni coats net of |
racks | I 014 | ||||||||||
| Total | -0 | 75892 | ||||||||||
| STAFF COSTS | Trnal | |||||||||||
| ' | 63699 | |||||||||||
| Social secu costs |
I | 786 | 1 786 | 2289 | ||||||||
| Pension costs definad couibufion | scheme | 2 | 258 | -0 | 2258 | 2 109 | ||||||
| Traal staff costs | 72 | 52 | -0 | 72252 | ||||||||
| Number of | who | received | benefits | exdud' | ||||||||
| for file fe Ifi |
ried ofInure than | 660000 | ||||||||||
| Nil | ||||||||||||
| GOVERNANCE | COSTS | |||||||||||
| Ind nt Examiner |
| 9. | KCC GENERAL ACCOUNT | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| This resents funds held b Kent |
Coun | Cocoa | I | for | short tenn | rn | the Council's | ||||||||||||||||
| tressu msn nt frrncbon. |
|||||||||||||||||||||||
| 10. | CASH AT BANK &IN HAND | ||||||||||||||||||||||
| Metro Bank accounts & cash |
31 145 | ||||||||||||||||||||||
| 11. | CREDITORS AND ACCRUALS | ||||||||||||||||||||||
| Taxahon snd social secu | 4,093 | ||||||||||||||||||||||
| NEST sions |
416 | 416 | |||||||||||||||||||||
| Accrued ex ness |
|||||||||||||||||||||||
| Total creditors | 5,340 | 5,469 | |||||||||||||||||||||
| 12. | KENT COUNTY COUNCIL | ||||||||||||||||||||||
| KentCou Councilis rovidin |
freeofchs | e | |||||||||||||||||||||
| -o5icers' time for direrriorial and |
administrabve | dudes | |||||||||||||||||||||
| -oBceaccomnxdsdon and misted |
senrices | ||||||||||||||||||||||
| -nike fumkure snd u' |
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| 13. | TRUSTEE REMUNERATION | BENEFITSAND | EXPENSES | ||||||||||||||||||||
| None ofthe trustees have been em nt with drs cha ' or a |
id an related |
remuneration en ' or id |
or received sn an ex ness. |
other beneRs from | an | ||||||||||||||||||
| 14. | EXEMPllON FROII TAXATION | ||||||||||||||||||||||
| Since The Kent Foundsdon is a |
istered cha | ' | the | Inland Revenue has | a | ||||||||||||||||||
| exe from tax under secdon 505 Income |
& | ' n Taxes Act | 1988. | ||||||||||||||||||||
| 15. | RELATED PARTY TRANSACTIONS | ||||||||||||||||||||||
| There were no related bansscdons |
duri | the | r. 2020 | 6 | nl | ||||||||||||||||||
| 15. | AVERAGE NUMBER OF EMPLOYEEB | ||||||||||||||||||||||
| du | ' | ths | rwas 2.2. | 2020 | 2.2 | ||||||||||||||||||
| 1T. | RESTRICTED FUNDS | ||||||||||||||||||||||
| The rsstrkried funds received du |
the | ar | relate | to | a | rant of63000from Kent Comnwn | Foundation | -E | biT | Skills & | |||||||||||||
| ' | |||||||||||||||||||||||
| E for a 'Pathwa to Self |
E | nt' | in | Dardord. | Due to Covid krckdowns | the | start of ths | was dele | from | ||||||||||||||
| Janus 2021 undl June 2021 wkh |
31st | March 2022.The | ' aims to |
18-30 whether | |||||||||||||||||||
| I' | loss due to Crnrid - 19lc | de | skEs and | ||||||||||||||||||||
| ' | |||||||||||||||||||||||
| ress towards ru Iheir own |
business asa | viaSe career | choice. |