2021-08-31-accounts

Address:			Globe House, Eclipse	Globe House, Eclipse	Globe House, Eclipse	Park,
			Sittingbourne		Road
			Maidstone
			Kent
			ME14 3EN
Trustees:			R Law (Chairman)
			A Bunting
			R Barton
			J Moore
			M Startup
			K Moule
			A Adams
			PJones OBE
			SPrendergast
			N Clark
Associate	trustees:		R Piggott
			E Leitch
Treasurer:			M Startup
Independent		examiner:	BCuddington FCA
			Pennine Bower
			16Lancet	Lane
			Maidstone
			Kent ME15 9RX
Bankers			Barclays Bank Pic
			Maidstone	- North Kent Group
			Leicester
			LE872BB
Discretionary		Fund
Manager			Rathbone	Investment		Management	Limited
			1Curzon Street
			London
			W1JSFB
Registered	Charity No.		307891

			Unrestricted	Permanent	Tota I	Total funds
		Notes	funds	endowment	funds	31.08.2020
INCOME
Investment income			27,451	21,950	49,401	67,318
Total income applied to
unrestricted funds			21,000	(21,000)
Total income resources			48,451	950	49,401	67,318
EXPENDITURE
Charitable activities
Grants for charitable purposes		2	70,482		70,482	92,252
Investment management	fees			22,550	22,550	21,354
Other charitable expenditure		3	3,783		3,783	4,866
Total resources expended			74,265	22,550	96,815	118,472
NET EXPENDITURE BEFORE
INVESTMENT GAINS AND	LOSSES		(25,814)	(21,600)	(47,414)	(51,154)
GAINS/(LOSSES) ON INVESTMENTS				458,778	458,778	(62,940)
NET MOVEMENT IN FUNDS			(25,814)	437,178	411,364	(114,094)
TOTAL FUNDS BROUGHT	FORWARD		65,900	2,973,148	3,039,048	3,153,142
TOTAL FUNDS CARRIED FORWARD			E40,086	E3,410,326	E3,450,412	E3,039,048

GRANTS FOR CHARITABLE	PURPOSES
The Centre School, Cambridge		1,730
Countryside Alliance, Kent		2,250
Sandwich Infant School		3,700
Homewood School		6,500
Transforming Lives for Good		4,900
Step by Step Nursery		3,000
Childhood First		5,000
Wilderness Foundation		3,850
EDT		1,700
Children's House, Birling		3,500
Ashford Oaks Community	Primary School	5,000
Tower Tiny Tots		2,162
Goldilocks Nursery		2,500
Hythe Bay Nursery		1,000
Blue Smile		2,500
Eastry Church ofEngland	Primary School	2,850
Oarsome Chance		4,000
Arts Depot		2,300
The Young VicTheatre		2,500
Playbox Day Nursery		700
Biddenden Playschool		3,700
Little Explorers Nursery		3,840
Wye Under Fives Pre-School		1,300
		E70,482

		Unrestricted	Unrestricted	Permanent
			Funds	endowment	31.08.2021	31.08.2020
Independent	examination	fee	360		360	360
Insurance			1133		1.133	1,098
Administration	costs		2,290		2,290	3,408
			E3,783	E-	E3,783	E4,866

			31.08.2021	31.08.2020
Market value		at 1September 2020:
Investments			2,883,170	2,860,143
Acquisitions			2,491,563	1,031,302
Disposals			(2,488,400)	(945,335)
Revaluation	to market value		458,778	(62,940)
Market value		at31August 2021	3,345,111	2,883,170
Cash			65,214	89,978
			E3,410,325	E2,973,148
Investments		at market value comprised:
			31.08.2021	31.08.2020
Equities			2,914,357	2,017,176
Fixed interest		securities	430,754	865,994
Cash			65,214	89,978
			E3,410,325	E2,973,148

Investments that accounted for more than 55Softhe total were as follows:	Investments that accounted for more than 55Softhe total were as follows:
	31.08.2021	31.08.2020
J P Morgan Asset Managers
UK Equity Care E Net income	248,308	161,161
Lazard Fund Managers
UK Omega EAinc	174,143
Ninety One Fund Managers
Series 1UK Alpha Jnet income	253,071
Findlay Park Pic
American Fund	182,289
SPDR Series Trust
5& P500 ETF	198,187
J P Morgan Assets Managers
Japan Net C Income	219,266
J P Morgan Asset Managers
US Equity Inc Hgd Net K		245,951
SPDR Series Trust
5&P US Div Aristocrats		271,742
Link Fund Solutions
Trojan Inc 5 Inc		191,838
Aberdeen Standard Fund Managers
Global index Linked Bond		14,807
Twenty-four Global Funds
Corporate Bond 1Dist.		157,880
	E1,275,264	E1,043,379

		Balance			Gains on	Balance
		01.09.2020	Income	~Ex enses	investments	31.08.2021
Unrestricted	fund	65,900	48,451	(74,265)		40,086
Permanent
Endowment	fund	2,973,148	950	(22,550)	458,778	3,410,326
		E3,039,048	E49,401	E(96,815)	E458,778	E3,450,412
Movement	in funds	for the year ended	31August	2020
		Balance			Losses on	Balance
		01.09.2020	Income	~Ex enses	investments	31.08.2021
Unrestricted	fund	95,700	67,318	(97,118)		65,900
Permanent
Endowment	fund	3,057,442		(21,354)	(62,940)	2,973,148
		E3,153,142	E67,318	E(118,472)	E(62,940)	E3,039,048

OTAL RETURN
				Permanent	Unapplied	Total
				endowment	total return	endowment
At date ofadoption 31	March	2021
Trust for investment				2,861,998		2,861,998
Unapplied total return					111,150	111,150
Total				2,861,998,.	111,150	2,973,148
Movements in reporting	period
Investment return: dividends		and interest			21,950	21,950
Investment return: realised and			unrealised
gains and losses					458,778	458,778
Less: Investment management		costs			(22,550)	(22,500)
Total					458,178	458,178
Unapplied total return allocated			to income
in the reporting period					(21,000)	(21,000)
Net movement in the reporting			period		437,178	437,178
At end ofthe reporting	period
Trust for investment				2,861,998		2,861,998
Unapplied total return					548,328	548,328
				E2,861,998	6548,328	E3,410,326