2022-08-31-accounts

Address:			3Thumham	3Thumham	Oast,	Oast,
			Aldington	Lane
			Maidstone
			Kent
			ME14 3LL
Trustees:			R Law (Chairman)
			A Bunting
			R Barton
			3 Moore
			M Startup
			KMovie
			A Adams
			PJones OBE
			N Clark
Associate trustees:			R Piggott
			E Leitch
Treasurer:			M Startup
Independent		examiner:	8 Cuddington			FCA
			Pennine Bower
			16Lancet	Lane
			Maidstone
			Kent ME159RX
Bankers			Barclays Bank			Pic
			Maidstone	-	North Kent Group
			Leicester
			LE87288
Discretionary		Fund
Manager			Rathbone	Investment			Management	Umited
			1Curzon	Street
			London
			Wll SFB
Registered	Charity No.		307891

	Notes	Unrestricted funds	Permanent ~dt	Total fgitds	Total funds 31.08.2021
INCOME
Investment income			34,405	34,405	49,401
Total income applied to
unrestricted funds		84,000	(84,000)
Total income resources			(49,595)	34,405	49,401
EXPENDITURE
Charitable activities
Grants for charitable purposes		99,549		99,549	70,482
investment management	fees		22,964	22,964	22,550
Other charitable expenditure		4,399		4,399	3,783
Total resources expended		103,948	22,964	126,912	96,815
NET EXPENDITURE BEFORE
INVESTMENT GAINS AND	LOSSES	(19,948)	(72,559)	(92,507)	(47,414)
(LOSSES)/GAINS ON INVESTMENTS			(396,436)	(396,436)	458,778
NET MOVEMENT IN FUNDS		(19,948)	(468,995)	(488,943)	411,364
TOTAL FUNDS BROUGHT	FORWARD	40,086	3,410,326	3,450,412	3,039,048
TOTAL FUNDS CARRIED FORWARD		E20,138	E2,941,331	E2,961,469	E3,450,412

Littlegreen Academy	2,050
The Countryside Alliance, Kent	3,000
Bethersden Playschool	2,132
The John Wallis Academy	3,500
Surrey Care Trust	4,000
GASP Motor Project	4,005
Greatwood	4,740
Cycle Community	5,000
Cambridge Junction	5,000
Leap	2,000
Youth and Family Matters	3,068
Little Angles Theatre	2,500
Rusthall St.Pauls CE Primary School	5,000
St.John's CoE Primary School	4,984
Blue Smile Project	2,000
The Arts Depot	2,365
The Chickenshed Theatre	3,500
Oarsome Chance	3,600
Florish Mentors	4,896
The Music Well	5,000
Childrens House Montessori	8,425
Goldilocks Sittingbourne	1,695
Tallships	3,000
East Stour Primary School	2,476
St.Anthony's School	2,988
Sunbeams	2,025
ChallengerTroop	6,600
	E99,549

		Unrestricted	Unrestricted	Permanent
			Funds	endowment	31.08.2022	31.08.2021
Independent	examination	fee	360		360	360
Insurance			1,458		1,458	1,133
Administration	costs		2,581		2,581	2,290
			E4,399		E4,399	E3,783

FIXED ASSET	S	INVESTMENTS
			31.08.2022	31.08.2021
Market value		at 1September 2021:
Investments			3,345,111	2,883,170
Acquisitions			887,914	2,491,563
Disposals			(1,117,968)	(2,488,400)
Revaluation	to market value		(396,436)	458,778
Market value		at 31August 2022	2,718,621	3,345,111
Cash			212,710	65,214
			E2,931,331	E3,410,325

Investments at market value comprised:
	31.08.2022	31.08.2021
Equities	2,173,682	2,914,357
Fixed interest secudties	385,792	430,754
Gold	159,147
Cash	212,710	65,214
	E2,931,331	E3,410,325

Investments	that accounted for more than 596	ofthe total were as follows:
		31.08.2022	31.08.2021
J P Morgan	Asset Managers
UK Equity Care E Net income		192,428	248,308
Lazard Fund	Managers
UK Omega	EA Inc	162,215	174,143
Ninety One	Fund Managers
Series 1 UK Alpha J net income		227,551	253,071
Findlay Park Pic
American	Fund		182,289
SPDR Series Trust
5 82 P500	ETF	189,220	198,187
J P Morgan	Assets Managers
Japan Net	C Income		219,266

		Balance			(Losses)/Gains on	Balance
		01.09.2021	Income	~Ex enses	investments	31.08.2022
Unrestricted	fund	40,086	84,000	(103,948)		20,138
Permanent
Endowment	fund	3,410,326	34,405	(22,964)	(396,436)	2,941331
Applied to	income		(84,000)
		E3,450,412	E34,405	E(126,912)	E(396,436)	E2,961,469
Movement	in funds	for the year ended	31August	2021
		Balance			Losses 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

OTALRETURN
					Permanent ~dt	Unapplied total return	Total endowment
At 1September	2021
Trust for Investment					2,861,998		2,861.998
Unapplied total	return					548,328	548,328
Total					2,861,998	548,328	3,410,326
Movements In	reporting	period
Investment return: dividends			and interest			34,405	34,405
Investment return: realised and unrealised
gains and (losses)						(396,436)	(396,436)
Less: Investment	management			costs		(22,964)	(22,964)
Total						(384,995)	(384,995)
Unapplied total	return allocated			to permanent
Endowment in	the reporting		period		93,002	(93,002)
Unapplied total	return allocated			to income
in the reporting	period					(84,000)	(84,000)
Net movement	In the reporting			period	93,002	(561,997)	437,178
At end ofthe reporting		period
Trust for investment					2,955,000		2,955,000
Unapplied total	return					(13,669)	(13,669)
At 31August 2022					E2,955,000	E(13,669)	E2,941,331