|Address:|||3 Thurnham||Oast,|||| |---|---|---|---|---|---|---|---|---| ||||Atdington|Lane||||| ||||Maidstone|||||| ||||Kent|||||| ||||ME14 3LL|||||| |Trustees:|||R Law (Chairman)|||||| ||||A Bunting|||||| ||||R Barton|||||| ||||J Moore (retired 15March||||2023)|| ||||M Startup|||||| ||||K Movie|||||| ||||A Adams|||||| ||||P Jones OBE|||||| ||||N Clark|||||| ||||R Piggott (appointed|||15March 2023)||| |Associate trustees:|||E Leitch|||||| ||||N St.John|Paul (appointed|||15March|2023)| |Treasurer:|||M Startup|||||| |Independent||examiner:|BCuddington||FCA|||| ||||Pennine
Bower|||||| ||||16Lancet|Lane||||| ||||Maidstone|||||| ||||Kent
ME159RX|||||| |Bankers|||Barclays Bank Pic|||||| ||||Maidstone|-|North Kent Group|||| ||||Leicester|||||| ||||LE87288|||||| |Discretionary||Fund||||||| |Manager|||Rathbone|Investment||Management||Limited| ||||8 Finsbury|Circus||||| ||||London|||||| ||||EC2M 7AZ|||||| |Registered|Charity No.||307891|||||| ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Permanent|Total|Total funds| |---|---|---|---|---|---|---| |||Notes|funds|endowment|funds|31.08.2022| |INCOME||||||| |Investment
income||||58,590|58,590|34,405| |Total income applied to||||||| |unrestricted
funds|||84,000|(84,000)||| |Total income resources|||84,000|(25,410)|58,590|34,405| |EXPENDITURE||||||| |Charitable
activities||||||| |Grants for charitable
purposes|||83,536||83,536|99,549| |Investment
management|fees|||20,497|20,497|22,964| |Other charitable
expenditure|||3,548||3,548|4,399| |Total resources expended|||87,084|20,497|107,581|126,912| |NET EXPENDITURE BEFORE||||||| |INVESTMENT GAINS AND|LOSSES||(3,084)|(45,907)|(48,991)|(92,507)| |(LOSSES)/GAINS ON INVESTMENTS||||7,851|7,851|(396,436)| |NET MOVEMENT
IN FUNDS|||(3,084)|(38,056)|(41,140)|(488,943)| |TOTAL FUNDS BROUGHT|FORWARD||20,138|2,941,331|2,961,469|3,450,412| |TOTAL FUNDS CARRIED FORWARD|||E17,054|E2,903,275|E2,920,329|E2,961,469| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Rowhill School||1,350| |---|---|---| |The Countryside|Alliance, Kent|3,000| |Bower Grove School||2,760| |The Roundhouse|Trust|3,500| |Surrey Care Trust||4,000| |De La Warr Pavilion||4,000| |Greatwood
Charity||6,320| |Cycle Community||3,500| |Cambridge
Junction||2,500| |Leap||2,500| |Youth and Family|Matter|3,184| |The Chain Reaction Theatre Co.||4,995| |Free to be Kids||2,700| |St.Anthony's
School||2,000| |Blue Smile Project||4,000| |Lyric Theatre||1,650| |Solent Academies||5,000| |Kite College||5,500| |Florish Mentors||6,477| |Roots 4 Learning||5,000| |Childrens
House|Montessori|3,000| |Sunbeams||3,000| |Challenger
Troop||3,600| |||E83,536| ## ## ## ## ## |||Unrestricted|Unrestricted|Permanent|| |---|---|---|---|---|---| ||||Funds|endowment|31.08.2023| |Independent|examination|fee|360||360| |insurance|||399||399| |Administration|costs||2,789||2,789| ||||E3,548||E3,548| ## ## |||||31.08.2023|31.08.2022| |---|---|---|---|---|---| |Market value||at 1September|2022||| |Investments||||2,718,621|3,345,111| |Acquisitions||||1,050,667|887,914| |Disposals||||(949,922)|(1,117,968)| |Revaluation|to market value|||7,851|(396,436)| |Market value||at 31August 2023||2,827,217|2,718,621| |Cash||||66,058|212,710| |||||E2,893,275|E2,931,331| |Investments
at market value comprised:||| |---|---|---| ||31.08.2023|31.08.2022| |Equities|2,269,892|2,173,682| |Fixed interest securities|449,592|385,792| |Gold|107,733|159,147| |Cash|66,058|212,710| ||E2,893,275|E2,931,331| ## ## |Investments
that accounted|for more than 596ofthe total were as follows:|for more than 596ofthe total were as follows:|| |---|---|---|---| |||31.08.2023|31.08.2022| |J P Morgan Asset Managers|||| |UK Equity Care E Net income||196,225|192,428| |Lazard Fund Managers|||| |UK Omega
EA Inc||175,336|162,215| |Ninety One Fund Managers|||| |Series 1 UK Alpha J net income|||227,551| |IShares Pic|||| |Core FTSE100Shares Income||157,097|| |SPDR Series Trust|||| |5&P500 ETF||209,070|189,220| |T Bailey Fund Managers|||| |Evenlode Income
C Income||181,978|| ## ||||Balance|Balance||||(Losses)/Gains
on|Balance| |---|---|---|---|---|---|---|---|---|---| |||01.09.2022||||Income|~Ex enses|investments|31.08.2023| |Unrestricted|fund||20,138|||84,000|(87,084)||17,054| |Permanent|||||||||| |Endowment|fund||2,941,331|||58,590|(20,497)|7,851|2,903,275| |Applied to income||||||(84,000)|||| |||E2,961,469||||E58,590|E(107,581)|E7,851|E2,920,329| |Movement|in funds for||the year|ended||31August|2022||| ||||Balance|||||Losses 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)|2,941,331| |Applied to income||||||(84,000)|||| |||E3,450,412||||E34,405|E(126,912)|E(396,436)|E2,961,469| |TOTAL RETURN|||||||||| |||||||Permanent||Unapplied|Total| |||||||endowment||total return|endowment| |At 1September||2022|||||||| |Trust for investment||||||2,955,000|||2,955,000| |Unapplied|total|return||||||(13,669)|(13,669)| |Total||||||2,955,000||(13,669)|2,941,331| |Movements|in reporting
period||||||||| |Investment|return: dividends
and||||interest|||58,590|58,590| |Investment|return: realised and|||unrealised|||||| |gains and (losses)||||||||7,851|7,851| |Less: Investment||management||costs||||(20,497)|(20,497)| |Total||||||||45,944|45,944| |unapplied|total|return|allocated||to permanent||||| |Endowment
in the reporting
period|||||||||| |Unapplied|total|return|allocated||to income||||| |in the reporting||period||||||(84,000)|(84,000)| |Net movement||in the|reporting||period|||(38,056)|(38,056)| |At end ofthe reporting|||period||||||| |Trust for investment||||||2,955,000|||2,955,000| |Unapplied|total|return||||||(51,725)|(51,725)| |At 31August 2023||||||E2,955,000||E(51,725)|E2,903,275| ## ## ##