Charlty number: 311740
Company Number: 00462901
Cathèrina Gracè Trust
(A Company Limited by Guarantee)
Trustees. report and financial statements
For the year ended 31 August 2022

CA THERINE GRACE TRUST
CONTENTS
Page
Legal and administratwe informalFon
Report of the Ttustees
Independent Auditof s Report
Statement of Flnanclal Adivitles
Balan￿ Shèet
12
Cash Flow Statement
13
Notes to the Financial Statements
14

ATHERINE GFiACE TRUST
LEGAL AND ADMINISTFL4TIVE INFORMATION
Rè
istered office
Ruskin Mill
Millbottom
Nailsworth
Stroud
Gloucestershire
GL6 OLA
Princi
al office
Catherine Gr*e Trust
Grace Garden School
Canford Lane
Westbury on Trym
BS9 3PE
Trustees
Helen Kippax
Domntia Neagu
Aonghus Gordon OBE
Tara Gratton
Conslanlin Court
Susan Garner
Gerhard Meyer- resigned 15th September 2022
Davld Wrayg
Com
Secreta
Elisabeth Johnson
emenl Personnel
Aonghus Gordon OBE- Founder & Executive Chair
Ffan¢es¢a Meynell- Executive PrinGipal
Tara Gratton- Director of Schools and Rise
Shazuli Iqb81- Chief Financial Officer
Lindsay Wilkinson- Trust Head of Human Resources
Auditors
Grant Thornton UK LLP
Chartered Accountants & Statutory Auditor
17Ikn Floor
103 Colmore Row
Birmingham
B3 3AG
BankeTS
Lloyds Bank PIC
12 Rowcroft
Stroud
Gloucestershire
GL5 3BD
Solicitors
RWK Goodman
69 Carter Lane
London
EC4V 5Ea

CATHERINE GRACE TRUST
REPORT OF THE TRUSTEES
The Tru5tee5'. are also Elirect¢xs of the charity for the purposes of the Companies Act 2006, pre¥ent
their rept)rt with the financial statements of Ihe tharty for the year to 31 August 2022.
Governlng document
Calherine Grace Trust is a reglstered chaTlty (registe￿d no. 311740) and a company limTted by
guarantee {re9istered no. 004629011. a5 defined by the Companies Act 2006. Its Governing Instrument
Is the Memor3ndiJm & Artlcles of Associallon dated 24th June 1998. as amended on 22nd March 2010
and 24th July 2019.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Group Stru¢ture
Ruskin Mill Trust Ltd is the sole member of Catherine Grace Trusl. Catherine Grace Trust is part of the
Ruskin Mill Tru8t Group.
Catherine Grace Trust's charitable objects are.lo advance the edLFcalion and lo preserve the health of
Indiwduals by providing therapeutic support, education and ¢arÈ irt a¢cord3nce wth the principles,
methods and philosophy of RudoM Steiner. In May 2021, Grace Garden School was opened on the 18
acre site. located on Canford Lane. Westbury on Trym. Cathellne Grace Trust wll ftjffil its ¢h¥ntabl8
objects by operating Gra￿ GaTden School from the Site.
The registered of Catherine Grace Tru51 is Ruskin Mill, Millbottom. Nailsworth, Stroud. GL6 OLA
and the piinctpal office is catheri￿ Grace Trust. Canford Lane, Westt)ury on Trym, BS9 3PE.
Recruitmant and appointm&nt of ngw Trustaes
The charity's praCkn"￿ regarding recTUrtmenl has been for members of the Board to make
commendations for surtably skilled and experienced people who are then appraised by Ruskin Mill
Trust's Board of Trustees vthich makes the final decision. In March 2021 David Wragg was invited to
join the Board of Catherine Grace Trust followng approval from the Ruskin Mill Trust 8oard.
Induction and training are caffled out during the meeting cycle, and members are also invited lo
training at Ruskin Mill Trust's other ¢entres. During the year, individual Truslees undertook a range of
appropriate training.
Organisational Management
The trustee5 delegate the day to day running of the provision lo a lo¢al management team who
oversee operalions and which reports to Ruskin Mill Trust's Director of Schools and Rise. The key
management personnel are listed on page 1. The Iiuslees did not r￿e•ve any remuneration from
Catherine Grace Trust in the current or previous period.
Directors and Tfustses
The Trustees during the period are list8d on page 1.
OWECTS AND AIMS
Objects
The charity's Objects are..
The Trust's objects are restricted. for the public benefit, to advance the education and to preserve the
atth of individuals by providing therapeutic 5UPPOrt, education and care in accordance with the
principles, methcKls and philosophy of Rudolf Stelner. Nothing in these articles shall authorise an
application of the property of the fTUSt for purposes which are not charitable in accordance with any
statutory prowyion regarding the meaning of the word"ch3ritablè" or the words"charitablÈ purposes" in
force in any part of the United Kingdom.

CATHERINE GRACE TRUST
Aims
Catherine Grace Trust is the propriet￿ of Grace Garden School whi¢h offers specialist èdutation to
children aged 9- 16. The $Ghool opened in hnay 2021, and during its firsl full academic year grewto
13 pupils.
Public bènèfft
In carying out its activities in the year under review. the Trustees confirm that they have complied with
their duty under seCt￿n 17 of the Charities A¢1 2011 to have regard to the public benefft guidance
issued by the Charity Commission for England and Wales.
STRATEGIC REPORT
A¢hlevoments & Perfomiance
Gra￿ Garden School had a successfvl first fvll year and grew in pupil numbers to 18 by June 2022.
The School continue5 to have a strong admissions pipeline and Iheie is a lol of interest from parents.
The school had a lol of additional renovations over the summer which has resulted in high quality
teaching spaces as well as easily aC￿SsIble gardens. The children arrive each momir)g and assist
th caring for the 3nim31s and harvesting food for the lunch before starting their sessions. Class
teachers work alongside craft luiors to ensure a varied curriculum thal meets national curriculum
requirements. Grace Garden School was inspected by Otsted in May 2022 anQ a¢hieve(l Good in all
areas. which is a signifKanl achievement for a sGhool in rts first yeai of operab"on.
Flnancial Review
Rosults
Tnjstees value the surplus of £632,407 made thjring the period to 31 August 202212021.. defKit of
£592,773).
Fundrals5ng
Fundraising throughout the Ruskwi Mill Trust Gioup is wnanayed by an in-house Fundraising
Department which is led by a Director of Fundraising. No use is made of any extemal.
professional ftjndraiser or any commerctal parbcipator, so no fundraising activities were carried
out on Calherine Grace Trusvs beha￿ during the year nor weie sny approachès made to
vulnerable individuals in pursuit of the raising of funds for the charity-
Catherine Grace Trust's parent charity, Ruskin Mill Trust, has Signed up lo the Fundrais￿9
Regulalorfs Code of Fundraising Practice and it pays an annual levy to the Regulator. During
the year t￿re was no lailure to comply wilh a scheme or standard cited nor were any
complaints received about the fundraising aclivibes conducted by the Ruskin Mill Trust.
Money raised by Calhertne Gr8¢e Trust through fundraising aetivitiès are used by il as agreed
with the donor and compty with any conditions attached by the donor.
Reserves
The trustees review the charity's financial plans and results regularly throughout the year. This 18
done through monftoring irKome and expenditure against bud9el foreGasls and monitoiing ¢ash
Ilow.
The tiuslees feel it prudent to buld the level of réseNè$ on an anNJ31 basis th8 purpose of
ensuring that the charity has sufficient reserves to act as a buffer against unexpected drops in
income or increases in expendituTe. The reserves currently held are unreslrKted fut)ds £1.577,215
(2021.. £956,074) and restricted fund5 £16,35412021.. £5,089).
Rlsks & Uncertaintios
The trustees revtewthe risks to V4hich the charity exposed s￿h a5 the heatth and safety of servi
usets, vi$)tors. volunteers and staff ort an on-going basis and arè satisfied that systems are in place to
manage exposure to th8 major risks. They maintain appropriate levels ol insurance cover for all
foreseeable risks.

CATHERINE GRACE TRUST
Spedfic areas of risk and uncertainty are..
Finan¢lal VlabllSty:
Catherine Grace Trust has launched a new school in Ihe Bristol area. The project required some
Initial Investment to adapt the sile for th¢ s¢hool and had initial Stsff and operational costs before
the income from pupil placement5. The school has seen significant growth in the fstst year and
whilst there have been significant ¢apilal costs as well, bècause of thè high levels ol interest in the
school, financial risk is mitigated. The school has recently submitted a request for Material
Change to the DfE to grow to 35 pupi15 and this has been suc¢e58ful. The gr￿h will be stagèd.
Poor Inspectton rosult".
Grace Garden School had a successful Otsted Inspecbon in May 2022. The Director of Schools
and senior leader5 are continually working on quality assurance lo fvrther improve the provision
and there has beèn a specifjc tea¢her training developed for the staff to ensure they have the
necessary skills and knowledge.
Regulatory non.complianco:
The risk of regulatory non-compliance requires constant review and the upskilling of staff and
Iruslees to meet an ever-¢hanging regulatory landscape and student profile. Specifically.-
Ke•plng servlce useTs 5afe- The potential risks assoGialed with keeping service u$eTS
across the whole of the Ruskin Mill Trust Group safe has required conlinuedvigilance
and miligalion by robusl risk assessment and action plans, assessments. appropriate
training, the appointrnent of safeguarding managers at each of the main eentres and
improved inteinal meeting and reporkn.ng arrangements. The Trust Head of Safeguarding
$ working effectively wth Designated safeguarding leads across all siles as well as
Headleachers and the Directors lo ensure that each centre is compliant The Head of
Safeguarding is part ol the Civil SeNieÈ and theref(Ye works eollaboratDiely with other
key fu￿tionS including HR, ITIMIS. H&S. and staff training lo provide high quality
support. In addition. a Ruskin Mill Trust TTusl&e holds lead responsibilty for maintain￿g
oversight of Safe9uarding and Health & Safety across the Group.
GDPR: A rigorous programme of cross-Trusl training continues lo be implernenterl lo
ensure compliance. all overseen by Ruskin Mill rtust's Head of Legal servi￿$. An
exlemal agency has been contractÈd to deliver training and site audtts across the Trust.
Charity Law: To assist compliance 59ith Charity Law, Ruskin Mill Trust's Hea(J of Legal
Services provides Tw5tees wrth regular Charity Law Updates whi¢h are supplemented
by adviGe on further provisions as they come in lo for¢e. As an example. in order to
comply wlh statutory chan9es made lo the auiomalic disqualification rules for eharity
Iruslees, a new Trustee Eligibilty Declaration proceduie 15 being introduced.
Recruitmant of staff:
As the school grows, there wll need to be recnmtment of additional staff. Bristol offers a ￿de and
diverse workforce, however. there are stil challenge$ lo recnjiling ¢ertain posts, such as support
staff. The Tvust has employed a team of spe¢ialisl recruiters to help mitigate the risk.
IT disaster:
The charity continues to monitor and improve IT Gyber se¢urty arrangements to ensure a
robuslness and preparedness for any future attacks. Catherine Grace Trust Ltd benefits from
lechnical and MIS services and support provhled by Ruskln Mill Trust's Central seDJkes.
Reputational Risk:
The Thsk of repjtational harni is being mrftigaled through the vigilance of the charity including
ongoing monitoring of the Tru3t's Risk Register implementing a Code of c￿￿￿¢1 and ?nsuring
staff are suitsbly $upported and trained.
Risks to Ruskin Mill Trust Group's M8thod IPSTEI..
Vigilance ¢ontinues to be needed to ensure that the Ruskin Mill Trust Group's edL￿tIonal method
is not compromised. The Trust invests in staff training and research to support the method.

CATHERINE GRACE TRUST
Future Plans
Grace Garden School started the 2021122 academic year with 10 pupils. The plan is to grow the
school lo 35 pupils following a $u¢¢es$ful spplicalion to the Department for Education, and there are
currendy high levels of interest in school pla¢ements. The school is frtusing on day placements and is
investing in infrastructure developments to enable the school to grow. In addition. the Truyt is exploring
another l¢iEal Srte that could be used as a Lower &hwl, operated undet the same leadership team. but
offerin9 placements for children aged 7- 10.
In May 2022, the trustèés af the Helios Trust decided lo rn￿ge it with the Catherine Gracè Trust, thèreby
becoming part ofthe Ruskin Mill Trust Group. The Helios trustees are now looking al developing a Hea5th
Centre together wfth an opportunlty for taklny In chlldren from 7-10 years old on the Helios sile, whi¢h is
a 10 minute drtve from Grace Garden School.

CATHERINE GRACE TRUST
STATEMENT OF TRUSTEES RESPONSIBILITIES
The Trustees {who are also directors of Catherine Grace Trust Limited for the purposes of company law)
are responsSble for preparing the Report of the Trustees and the Flnancial Slalements in accordance vAth
appli¢abl& law and Unit8d Kingdom Gen8rally Accapt8d Accounting Practice {Unit8d Kingdom Accounting
Standards}.
Company law requires the Trustees to prepare financial statements for each financial year. Under
company law, the Trustee5 must not approve the financial 51alemer)t5 unles5 they are satisfied that they
give a true and fair view of the stste of affairs of the charitable company and of the Incomlng resources and
application of resources. including the income and expendilure, of the chariiabl& company for that period.
In prepartng these financial statements. the trustees are required to=
select suitab]e accounts'ng policies and then appty them consislentty,.
observe the method5 and prtnciples in the Charities SORP and FRS 102..
make judgments and estsmates that are reasonable and prudent.,
state whether applicable UK accounting standards hav8 be6n followed, subject to any material
departures disdosed and explained in the financial statements.. and
p￿pare the financial statements on the going concern basis unkss rt 18 1118PPTopriate to p￿SUMe
that the charitable company will continLbe in business.
The tnjslees are responsible for keeping adequatè attoLtnting records thal are sufficiènt to show and
explain the chariiable company's transactions, disdose with reasonable accuracy at any time the financial
position of the charitable company ar7d enable them lo ensure that the financial statements comply ￿th the
Companies Act 2006 and the provisions of the charity's constitution. They are also responsible for
saleguarding the assets of the charity and hence for taking reasonable steps for the prevention and
deleGtion of fraud and other irregulaTitie&
Provlslon of Inforn)atlon to Audltor
Each of the persons who are trustees at thè time this Report of the Trusteés is appraved has
confirmed thal..
so far as that trustee is aware. there is no relevant audit infomation of whKh the ¢haritsble
company's audttor is unaware.. and
that trustee has taken all the slep5 that ought to have been taken as a trustee in order lo be
aware of any information needed by the charitablè company's auditor in connèction with
preparing its report and lo establish that the charitable company's auditor is aware of that
information.
Qualifying third party indemnity provisions
Trustees, indemnity insurance indemnifying each director against lability lo third parties. ha5 been in
place throughout the year ended 31 Augusl 2022 and up to the date of approval ofthis reFQrt.
Auifitor
The auditor. Grant Thomlon UK LLP. will be proposed for reappointment al the Annual General
Meeting.
In p￿Paring this report. the trustees have taken advantage ofthe 3maN companies, exemptions
provided by S¥Ylion 415A ol the Companies Act 2006.
Approved by the tnjslees on 27 Mar¢h 2023 and signed on their behalf by".
Helen KIFJP
Trustee

CATHERINE GRACE TRUST
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CATHERINE GRACE TRUST
Opinion
We have audited the fin8neial Statements of Calherirte Grace Trust (the'charrtable ¢ompany) for the year
ended 31 August 2022. which comprise the Statement of Financial Activities (Nel Income and Expenditure
Account}. the Balan￿ Sheet. the Cash Flow Slalement and notes to the financial statements, including a
summary of signrficant a¢¢ounling policies. The financial reporting framework that ha5 been applied in their
preparation is applicable law and United Kingdom Accounting Standards including Flnandal Reportlng
Standard 102., The Financial Reporting Standard applicable in the UK and Republic of Ireland (United
Kingdom Generalty Acceptèd Aecounting Praeticel.
In our opinion, tre financial statements..
give a true and fair view of the state of the charitable company'$ affair8 as at 31 August 2022 and of its
Incoming resources and applicatlort of Te$our¢es including. its ineorne and expenditure for the year then
ended.,
have been properly prepared in accordance with United Kingdom Generalty Accepted Accounting
Practice.. and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basls for oplnlon
We have been appointed as auditor under the Companies Act 2006 and report in accordance with
regulations madÈ under that Act. We conductsd our audit in accordance wlh International Standards on
A￿lIting (UK) IISAS (UKI} and applicable law. Our responsibilities underthose Stsndards are further
described in the 'Auditor's responsibilities for the audit of the financial statements sedion, of our report. We
are independent of the Gharitsble company in acGordanGe wth the ethical requirements that are relevant lo
our audit of Ihe financial slalements in the UK, including the FRC'S Ethical Stsndard, and we have fulfilled
our other ethical iesponsibilliies ir* accordance ￿4th these requirements. W8 b8li8V8 that tha audit evidence
we have obtainèd is sufficient and appropriate lo provide a b8si$ for our opinion.
Conclusions relating to golng concam
We are responsible for conGluding on the appropriateness of Ihe trustees. Use of the going Goncein basis
of accounting and, based on the audit evidence oblained. whether a material uncertainty exists related to
events or conditions that may cast signi)Icant doubt on the charrtable company's abilty to continue as a
g0ir¥J concern. If we conclude that a material uncertainty exists, we are required to draw 3ttÈntion in our
report lo the related disclosures in the financial statements or, if such disdosures are inadequate, to
modify the 8uditof$ opinion. Our c(￿ClusionS are based on the audit evHlence obtained up to the Itale of
our report. However. future events or conditions may cause the company to cease lo continue as a going
concein.
In our evaluation of the Injstees, conclusions, we considered the inherent risks associated with the
charitable company's business model induding effects arising from macr{Feconom￿ uncertainties such as
the cost of living crisis. we assessed and challenged the reasonableness of estimates made by the
trustees and the related disclosures and analysed how those risks might affect the charitable company's
financial resource8 or ability to cor)tinue operations over the going concem period.
In altdriing the financial statements. we have conchjded that the trustees. use of the going concern basis of
a￿OUntIng in the preparation of the ftn3nc]al statements Is appropriate.

CATHERINE GRACE TRUST
Based on the work we have performed, we have not identified any material uncertainties relating to events
IX ¢ondilion$ that, individuany or Colle￿ive1Y, may ¢a$t significant doubl on the charitable company'$ ability
lo continue as a going concern for a period of at least Iwelve monlhs from when the finan¢ia] stalemenls
are auihorised fvr issue.
Our responsibil￿reS and the responsibilitie$ of the directors vlth resped lo going concem are de$cribefl in
the relevant seBtions of this report.
Other infomation
The other information comprises the information included in the Trustees. Report, other than the financia]
statements and our audito¢s report Ihereon. The trustees are responsible for the other infoTmation contained
within the Trustees, Rewt. Our opinion on the finan￿al 51atemenls does not cover the other infotmalion
and, except to the extent otherM$e explicitly stated in our report. we do not express any fomi of assurance
eondusion thereon.
Our re8ponsibility is to read the other informab.on and. in doing 8u, consider whether the otheT information is
materially inconsistent wth the financial statements or our knowledge obtained in the audit or otherwisè
appears lo be materially Mi￿lated. If we id¢ntify such malerial inGonsislenGie$ or apparent maleiial
misstslements, we are required to delemiine whether there is a material misstatement in the finan¢ial
$18lements themselves. If, based on the work we have performed. we CO￿l￿de that there is a material
mis51alemenl of this other information. we are required to ieport that fact.
We have nothing lo report in this regard.
Opinion on other matters prescribed by the Companles Act 2006
In our o￿niOn, based on the work undertaken in the course of the audit..
the information given in the Strategic Report and the OirectOTS' Report. prepared forthe purposes of
company law, included in the Trustees, Report foT the )Inancial year for which the financial statements
ale p￿Pared is ¢onsK%tent the financial statements.
the Strategic Report and the Directors. Report included in the Trustees. Report have been prepared in
accor(lance with applicable legal ￿qUIreMents.
Matter on which we are requlred to rèport undèr the Companlg$ Aet 2006
In thé light ofthe knompledge 8nd understsnding of the charitable ¢¢mp8ny and 11$ environment obtained in
the course oflhe audit. we have not identified material misstatements in the Strategic Report or the
Directors. Report included in the Trustees. Report.
Matters on whlch we are requlred to report by exc8ptlon
We have nothing lo report in respert of the foll¢)wing matters in relation lo which the Companies Act 2006
require5 U5 to report to you if, in our opinion..
adequate accoLmting records have not been kept. or returns adequate for our audit have not been
recetved from branches not visited by us", or
the financial stslements are nol in agreement with the accounting records and returns- or
certain disclosures of trustees, ￿e￿U￿e￿ation specifieil by law are not made," or
we havè not received 811 the infomiation and explanat￿nS we require for our audit.

CATHERINE GRACE TRUST
Rosponslbllltle$ of trust•o$ for tho financial statoments
As explained more fulty in the Statement of Trustees. Responsibilities. the trustees {who are also the
di￿¢101$ of Ihe charitable company for the purposes ofcompany lawl are responsible for the preparation
ol the financial statements and for being satisfied that they give o true and fair view, and for such inlemal
control as the trustees determine is necessary to enable the preparatton of financia statement5 that aTe
free from material misstatement, whether due to fraud or Èrror.
In preparing the financial statements, the Ifustees are responsible for assessing the chaiitable compan￿8
abilty lo continue as a going con¢em. disclosing, a¥ applicable. matters ￿lated lo going concern and
using the going concern basis of accounting unless the trustees either intend to liquidate the charitable
Company or to cease operations, or have no realistiG alternative but to do so.
AudIt0￿$ regponslbllltlès for the audlt of th• financial $tat•m•nts
Our objective5 are lo obtain reasonable assurance about whether the financial statements as a Who￿ are
free from material mis$tslemenl, whether tlue lo fraud or error. and lo issue an auditor's report that
In¢￿deS our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an
Jdil conducted in accordance with ISAS (UK) will always delect a material misslatemenl when il exists.
Misststemenl$ can arise from ffaud or error and are consl(lered material if, Indlvidualty or In the aggregate,
they could reasonabty be expected lo inlJuenGe the economic decisions ol users taken on the basis of
these financial Slatemenls.
Iiregularities. including fraud. are instances of ngn-wmpltance wth laws and regulations. The extent to
whKh our procedures are capable of detecting itregularib"e5. including fraud, 15 detailed below..
We Obta￿ed an understanding of the legal and regulatory frameworks that are applicable to the
chaiitable company and the sector in which il operates. We detemiined that the following laws and
regulatsons were most significant.. The Financial Reporting Standard applicable in the UK and the
Republi¢ of Ireland IFRS 1021, Charrties SORP IFRS 1021, the Cornpanies Act 2006 and Charities AGt
2011..
We understood how the charitsble company is comptying wth thèse lèg31 and regulatory framèworks by
making inquiries of management and those char9ed with governan￿. We enquirecl of mana9emenl and
those charged with govemance whether there were any instances of non-compliance with laws and
regulations, orwhether they had any knowledge of actual or suspected fraud. We corroborated the
results of OLtr enquiries Ihrough our review pf board and other minutes and Ihrc)ugh our legal and
professional expenses review.
We assessed the susceptibility of the charitable company's financial statements lo material
misstatement, induding how fraud might occur and the risk of m8teri81 override of controls. Audit
procedurey performed by the engagement team included..
Idenlifying and assess￿9 the design effectiveness of Gertain rontrgls management ha5 in plaGe to
prevent and detect fraud
Challenging assumptions and judgements made by management in its signifE¢8nt ac¢ounting policies
Identifying and tesling joumal enfries. with a focus on manual postings. jOUTna15 that directy impacted
on the surplus reported in the slatement of financial activiti8s and joumal 8ntri8s posl8d in th8 closing
and accL)unls preparation period
Identifying and testing related paty transactions
InSpec￿ng the board and other commiltee minutes
A88e88ing the extent of compliance ￿th the relevant laws and regulations as part of our procedures
on the related financial statement item

CATHERINE GRACE TRUST
Th&se audit procedures w8r8 designed to provide reasonable assurance that the financial statements
were free from fraud or error. The risk of not detecting a material misstatement due to traud is higher
than the risk of not detecting one resulting from error and detecting iT￿g￿laritIes that result from fraud is
inherently more difficult than detecting those that result from error, as fraud may involve collusion,
deliberale concealment, forgery or intentional mi8repre¥entalions. Also. the further removed non-
¢ompliance with laws regulations is from events and transactions reflected in the financial
stalemenls, the less likely we would become aware of tt-
Assessment of the appropriateness of Ihe collective competence and capabilities of the engagement
learn in¢luded con$i(Jeralion of the ertgagement leam'$_'
understanding of. and practical experience with audit engagements of a similar nalure and complexity
thTough appropriate training and participation
knowledge of the charity, education and care sector
underStand￿g of the legal and regulatory requirements Specific lo the challlable company including..
the provisions of the appIl￿ble legislation
guidance issued by the Chanties Commission.
The team communications In resped of potential non-compliance With relevant laws and regulations
induded the potential for fraud in revenue through manipulation of income and management override of
controls., and
In asse55ing the potential risks of matsfial misstatement, we obtained an underslanding of-
the chartiable ¢ompany's operations, including the nature of its income and expenditure and ils
services and of its objoctives and strategies to understancl the dasses of transactions, account
balances, expected financial statement disclosures and busine55 wisks tral may result in risks of
material misstatem6nt.
the charitable company's control environment. including-.
the poliGie5 alld PT￿edUleS implemented by the Gharitable ￿MpanY tr) ensure compliance wth the
quirements of the financial reporting fr8mewark and relÈvant laws and regulations
the adequacy of procedures for auihorisalion of transactions and review of management accoun15
wocedures to ensure that possfbje breaches of laws and regulations are appropriately resolved.
A further description of our responsibilfÉies for the audit of the financial ststements is located on the
Financial Reporting Coun¢il'$ website at.. WVAV.fr¢.org.uklaudilorsresponsibih'tses. This description form5
part of our aL￿ltor'S report.
Use of our report
This report is made solety lo th¢ charitable company's members, as a body. in accordance with Chapter 3
of Part 16 of the Companie5 Act 2006. Our audit work has been undertaken so that we might stsle lo the
charllable company's members those matters we a￿ required lo stale to them in an audilor's report and
for no other PUTpose. To the fullest extent permitted by law. we do not accept or assume responsibility to
anyone other th8n the ¢h8ri18ble company and the ¢harilable eompany's members as a body. for our audit
work, for this report, or for the opinions we have formed.
Iliam Devill BS¢ FCA OChA
Senior Statutory Auditor
for and on behalfof Grant Thornton UK LLP
Slatulory Auditor. Chartered A¢¢ounlanls
Bimiingham
Date." 28 March 2023
10

CATHERINE GRAGE TRUST
STATEMENT OF FINANCIAL ACTNITIES
(NET INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 AUGUST 2022
Total
Funds
PtTiod to
31.8.22
Total
Funds
Perlod to
31.8.21
Unrestricted
Fund8
Restrictèd
Fund$
Nots$
INCOME FROM:
Donations and legacies
Charitsble activities
Invesiments
Other
725.194
1,134,676
2,518
2.466
30.765
75S.959
1,134.676
2,518
2.466
6.339
44.625
3,564
150
TOTAL INCOME
1864 854
1895 619
54,678
EXPENDITURE ON:
Chaiitable a¢tivilies
(1.243,387)
119.5001
{1,282.887}
1651.276)
TOTAL EXPENDITURE
1262 887
651276
NET INCOME
IIEXPENOITUREI FOR
THE Y&4R BEFORE GAIN
ON INVESTMENTS
621.467
11.265
632.732
1596.598)
ILossyGain on investments
11
325
325
NET
INCOMEIIEXPENDITUREI
821.142
11.265
632N07
{592.7731
Transfers b8twaén fijnds
NET MOVEMENT IN FUNDS
621.142
11.265
632A07
(592,7731
RECONCILIATION OF
FUNDS
Totsl fund8 brought forwrard
Total funds carriad fOr￿ard
17
17
956.073
1577.215
5,089
16.354
961,1fj2
1 593.569
1 $53 935
981.162
The nole8 on pages 14 to 26 fomi part of these financial statements.

CATHERINE GRACE TRUST
BALANCE SHEET
AS AT 31 AUGUST 2022
REGISTERELI COMPANY NUMBER: 00462901
31 August
2022
31 August
2021
FIXED ASSETS:
Tangible assets
Investments
10
11
227,870
754,990
982,860
155.879
30.121
186,001
CURRENT ASSETS:
Debtors
Cash al bank and in hand
12
140.840
1A44.150
1,584.990
42,626
1.483,656
1,528,282
LIABILITIES:
Creditors falling du8 wilhin onè yéar
13
1921.2811
(617.171}
NET CURRENT ASSETS
663,709
909,111
Credtiors falling due in over one year
14
(53,000)
1133.9501
NET ASSETS
1,593,569
961,182
FUNDS
Unrestricted funds
Reslricled funds
1.577.215
16,354
1,593,569
956.073
5,089
9S1,162
17
The financial 8tal8menls have been prepar8d in accordance With the Companles Att 2006.
Th• financial statements were approved by the Board of Trustees on 27 March 2023 and werB
sign8d on its behalf by-
He18n Kippa¥
Twstee
The notes on pages 14 to 26 form part of these financtal statem8nt
12

CATHERINE GRACE TRUST
CASH FLOW
STATEMENT
AS AT 31 AUGUST 2022
REGISTERED COMPANY NUMBER.. 00462901
Year to
31
August
2022
Y8ar to 31
August
2021
Note
Cash tlows from oporatlng activities:
Net cash pmvid8d byoperatlng activltles
19
762 611
18.196
Cash flows from invosting 2¢tivitiès
Investment income
Purth8se ¢f tangible fixed assets
Payments to acquire fixed asset investsnenls
2,193
179.1161
1725,194)
7.389
(156.1591
Net used by invg$tlng a¢tlvftle$
802 117
148,770
Change In cesh andcash equlvalents In the
repO￿ng peiiod
a7sh and cash equfvalents at the bewnning of the
reporting period
ash and cash equlva1e￿ts at the end of t
repo￿n9 p8riod
{39.5051
(130,5741
1614.230
150
1.483.655
The noles on pages 14 to 26 form part of those financial statem8nt
13

CATHERINE GRACE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022
ACCOUNTING POLICIES
Legal $tatU8 of the Charlty
Cath8rine Grace Trust ¥￿a8 illCOTporated England and Wales as 8 company limited by
guarantee (iegistered no. 00462901) anfl ha8 no share capital.
Catherine Grace Trust is also regi$t•reLI as a charty wth tho Charrty Commission
{registered no. 311740).
Reg181ered and prin¢lpal offi¢*
The iegistered Offi￿ of Cathewine Grace Trust is Ruskin Mill. Millbottorn, Nailsworth. stro￿1.
Gloucestershire. GLe OLA.
The principal office of Calherine GTrce TTU51 15 GiacÈ Garden School. Canford Lane.
W8Stbury on Trym. BS9 3PE.
Basis of accourEting
The financial statemBnts have been prepaied in 8ccordance wth Accounting and
R¢porting by Charities. Statement ol Recommgnd8d Practice applicable to charitl85
preparing their a￿ount$ in a¢¢ordanc& wlh the Financial R&porting Standard applicable
in thg UK and Republi¢ of Ireland IFRS 102) (effective 1 January 20191- {Charities
SORP {FRS 102)) arFd the Financial Reporling Slandaid appjicable in the UK and
Republi¢ of Ireland (FRS 102}.
The financi8151atements have beBn prepared under the historical c051 convention.
Thefinan¢lal ststements a￿ presented in sterllng l£}whlch Is the fun¢tlonal (￿e￿YOf the
charity. Catherine Grace Trust meets the definits.on ol a public benefitentity under FRS
102.
Catherine Grace Tw$t has taken advantage of the exemption from the ￿qUIreMent to
prepare a
statement of cash flows in accordance wth section 7 of FRS 102. Th8
statement of cash flows is included within the pafent ¢ompany's financial statements.
Going concern
The charitable company meets its finan¢in9 reouirementthrou9h fundin9 provided by other
gfDUP companies, and Ruskin Mill Trust Ltmited, the ulbfflate parent undertakin9, has
provided a55urances that such group financÉal support will conbnug to be made availablè.
Working alongsid8 Ruskin Mill Trust Lirnit8d. robust budgets aro sel, and the actual spond
against these budget5 15 analyself on a monthly basi5 by both the Executive Team and tha
Board of Trustees Financ8 su￿COMmIttee. Th8 full Board also r8ceiv8S the monthly
managemenl accounts and reviews them on a tw(pmonthly cyde. The charitablB company
s currently rtegokn"atlng fee Increases with local authorities to mitigate the impact of Inflation
on its expendtture.
The group, h8aded by Ruskin Mill Trust Limited. has substantial net aSS8ts.
14

CATHERINE GRACE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 3q AUGUST 2022
ACCOUNTING POLICIES ICONTINUEDI
After making detailed enquiries and taking into account the factors di$¢u$sed above, the
eoaid is confident that the chaiitable company has adequate scope to continue its
operational existence for the fortsseeable future. There arts no material uncertainties
surrounding going concern 8nd accordingly the charitable company Continues lo
prepare the financial statements on a going con¢em basis.
Flx•d a$$•ts and d•pr•¢latlon
Assels with a cost b81ow £SOO are not capitalis8d_
D8prÈci2tion is provided èt th8 following annual rates in order to writ8 off each asset OV8r
its estimated useful life..
Leasehold property
Equipment
F￿lureS andfittings
Motor vehicles
-2% pa
25Vk pa
pa
25% pa
d¢pre¢iated in lino with lifetime of the lease
straight line
straight line
straight line
Depr￿all0n is not Charged gn a¥sets under ￿n¥tr￿￿On.
Incomè
Donations are credited to revenue when the charitable company has entitlement to the funds, any
performance conditions att8ch8d to the it&mlsl of incorne have been met. it is probable that th8
incomts wll be ￿CeIved. and the amount can be fflea5ur8d reliabty.
Income from ¢haritable and other trading octivities 1$ a￿OUnted for in the period in which the
incomg is eamed.
Inv•stm8nt income is aceounled for on an accruals basis.
Cash and cash eqtsKvalents
The cash And eash equivalents ol Catharints Gra¢0 Trust, currèntly comprists$ Of ¢a$h in hand,
bank deposits and short temi dtsposits ngt tsf bank overdrafts.
Expendlture
All expenditure 15 accounted for on an accnjals basis aTrd has been classified under
headings that agg￿gate all ¢o$t$ related to th? ¢8tegory. Where co$t$ cannot be directly
attributed to particular headings, they have been aMoc8t8d to activities on a basi
consistent wth the u$0 of resour¢e$.
T•rminatton payrnènts
Termlnats"on payments ale accounted for as soon as the ¢haritable ¢ompany 18 aware
of th8 obligation to make the payrnent.
Penslon co¥ts
Thg ¢haritable Company contribute8 to a defined contribution ¥¢heme. Amounts paid in
relation to this scheTne ale charged to the Statement of Financial Activities when they
fall due. Al pension costs are allocated to unrestYict8d fund$.
D4btorn
Short term debtors are initialy measured at tr8rÈ$2¢tton price. 18$$ any impaimient_
Prepayments are measured at the amount prepaid.
15

CATHERINE GRACE TRUST
NOTES TO THE FINANGIAL STATEMENT5
FOR THE YEAR ENDED 31 AUGUST 2022
ACCOUNTING POLICIES {CONThNUEDI
rodltors
Creditors and provisions are recognised where tho charity has a present obligation
r8sulb.ng from a pasl ev8nt that will probably result in th8 transfer of funds to a third party
and the awnount due to settle the obligation can be measuTed or estimated reliabty.
Creditors and provisions are re¢ogni$ed at their Settlement amount after allowing for any
tradB Eliscounts due.
Funds
Unrestricted funds can be v¥ed in a￿Or￿anCe with the ¢harilable obje¢tives at th8
discretion of the Trustees.
R8Strictedfunds can only b8 used forp8rticular r85tricted purpos8S Within the objects ofth&
Charity. Re$tri¢tion$ arise when specilied by the donor or when funds are raised for
particular restricted purposes.
Further explanation of the nature and purpose of 8ach fund is included in note 17 of these
nancisl statements.
Flnanclal Instrurnents
Cathewine Gracg Trust only h85 financial assets and f¢nancial li&bTrlities of a kind that qualify
as basic financlal instruments. Deblors and creditor5 are initially re¢ogni$ed at tiansaction
value and sub58qu8ntly measured at their settlement value. Financial investments ar•
Initially mpasured at their transactloll C05t and 5ub5equently measurpd at fair value al tha
balan¢e Sheet datg. Pl8a$e $ee note 16.
Investment8
Listed inve$tment$ are stated at market value at the balance sheet date. Investments in
subsidiary companies are accounted for at cosl less any impaimient at the balance sheet
ate. The SOFA includes the net gains and losses arisin9 on revaluation and disposal
throL¢ghout the year.
Slonlficant estlmates and Judgom•nts
Estimates and jud98mènts are continually èvaluatèd and are basèd on historical
experience and other factors. including •xpectations of future tv•nts ththt are befieved to
be reasonable uhder the circumst2ncès. Th& items in the financTal statèments where
Ihese estimates and judgement5 have beÈn made indude the following..
Op9rdting l•as8S
Rentals applicabltt to operatin9 leases where substantialty al the bonef￿*$ and rlsks of
owneiship remain with the lessor are charged to the Ststement of Financial Activities on
straight-tine ba$ls over the tenx of the lease. Lease In¢entlve$ are re¢ogni$ed over th8
life of the ltsaso on a $traight- l i n 8 basi5 as 4 reduction to the expense.
Taxailon
The company is ¥ registered charity anLI as such is entitles to tax exemption on 811 its
income and gain$. properly appliod foi bl¥ charitable purpo$¢8.
Long Term Penskjn LlabllFty
rhe Trust make5 pension payrnents to certain fornier employees under an unfunded
pension arrangement. The valuB of thtr ￿nSIOn fund has been Galculated by usin9 the
date of births of the former employees and an estimats of how long Ihis will be paid out.
Impalrment of Debtors
The Gioup makes an estimate of the recoverable value oftrade and other debtors. When
a¥¥g5$ing impaimient of fee and other debtors. management constders fa¢tor$ including
thtr Current credit rating of the (lebtor. the ageing profile of debt015 hisloiical
expariencg.
16

CATHERINE GFiACE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR to 31.8.21
Unrestricted
Funds
Restiicted
Funds
Total Funds
Year to
31.8.21
Notes
INCOME FROM.
Oon3tions and legacses
Charitable activaties
1.250
44,625
5.089
8.339
44.625
3.564
150
Invostment income
Other
150
TOTAL INCOME
49,589
5,089
54.678
EXPEND3TURE ON:
Charitablg aCt￿VitieS
(651.2761
(651,2761
TOTAL ExpeNCITURE
e51 276
651 276
NET IEXPENDITUREVINCOME
FOR THE YEAR BEFORE GAIN
ON INVESTMENTS
{601,e87)
S.089
1596.5981
Gain on investments
11
3.825
3,825
NET IEXPENDITURE)IIACOME
ANO MOVEMENT IN FUNDS
1597.8621
5.089
{592,7731
RECONCILIATIOt40FFUNDS
Totalfurtds broughtforward
17
1,553.935
1,553.935
Total funds ca￿1&d forward
17
956.073
5,089
961.162
17

CATHERINE GRACE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022
INCOME
Ygar to 31
August
2022
Yearto31
August
2021
Donation incorne
755.959
6.339
Charitable activities
Fees
1.134.676
44.625
Other trading activities
Sale of Goods
2A66
150
1.893.101
51,114
Investment incorno
Listed Investments
Bank Int8r05t
1325J
3.825
2.193
7.389
TOTAL INCOME
1.895.294
58,503
EXPENDITURE
Direct
cost8
{S•o Not•
5}
Support
Costs (See
Note 8)
Year to
31 August
2022
Y8arto
31 August
2021
Charstablg activititrs
Teaching and educational
costs
1.161.173
101.714
1,262.887
651.276
TOTAL EXPENDITURE
1.181,In
101.714
1.262,887
651.276
18

CATHERINE GRACE TRUST
NOTES TO THE FINANGIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022
DIRECT COSTS OF CHARITABLE ACTIVITIES
Yoar
Endtrd 31
August
2022
Year
End&d31
AugusÈ
2021
Staff costs
Olhei Staffing
AdministratNe costs
EquIp￿nt and supplies
Wetfarè and training rA)sts
665,082
185,205
213,847
54,381
251.005
24.794
215,620
60,705
1 161,173
566,943
SUPPORT COSTS
Total Yaar
to31
Augutst 2022
Flnanco
other
Depreclatlon
Administration costs
94.S89
7.126
101.714
Finaneo
Olh8r
Depreeiation
Totsl YeaT
1031
August 2021
Admlnlstration costs
84.054
279
84.333
19

CATHERINE GRACE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022
NET INCOME
Net income is Stated aft•r charyln9'.
Yoar
Ended 31
Year
Endgd 31
August
2021
2022
AU￿10￿5 femungrstion forthe provisu)n of.
statutory audit
Oppratin9 lease payrnents
Depr8Ci2tion- owned asset8
4.000
192.624
7,126
3.500
144,393
279
STAFF COSTS
Yo#r
endod 31
Au9Ll$t
2022
Year
Entlgd 31
Arjgusl
2021
staff G¢ytsts:
Wa9e$ and Salari45
SOCI￿ securty costs
Pen510ri costs
60S.111
47,467
225.188
21,392
665 062
The monthly avÉrage he3dcourrt number of employees ¢Juring the period wa5 as follows-.
Year
Ended 31
August
2022
Year
Ended 31
August
2021
No
Administrati
Education
Therapy
14
The numbers of employees eamlng In ex¢es$ of £60,000 Ilncludlng employer Nl and èxcluding
pension costs) were-
Ye•rt¢) 31
Augu$t 2022
Yearlo 31
August2￿21
£60,CK11 - £70.￿0
No key management personnel recelveé iemuneratlon In the current or previous period.
20

CATHERINE GRACE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022
TRUSTEES. REMUNERATION AND BENEFITS
No TEU¥tee8 re¢eived ￿muneratIon in the CUTfent or previous period. No Trustae expen$98 werg
reimbursed in the current or prÈvious period_
10.
TANGIBLE FIXED ASSÈTS
Freehold
Land &
8uilding8
EquliJm•nt
Motor
V•hidgs
Fixtures
As89ts
and
under
Fittings constructlon
Total
At I Sgpl8mber
2021
Adthts"ons
81,723
611
1,827
71.998
156.159
26￿70
4.615
31A15
16.116
79,118
At 31 August
2022
108.693
5.226
31A15
1.827
88.114
235.275
Dèpretiation
At I S8pfember
2021
Charge for the
year
89
190
1,859
634
4,176
457
7,126
At 31 August
2022
1.859
723
,176
7.405
NBV
At 31 August
2022
At I $8ptsmber
2021
106,834
4,503
27339
1.180
88.114
227.870
81,723
1,522
71,998
155.879
INVESTMEPITS
31 August 2022
31 Augusl 2(J21
Lmted Inv•sthonts:
Mathet value at Stsrt of peri¢xl
Gains in peri4yJ
Loss in period
Mawket value at end of period
Jnvostmont8 In 8vbsldlarlès:
Heli05 Twust
30,121
26.296
3.825
32S
29,796
30.121
725.194
754.990
21

CATHERINE GRACE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022
11.
INVESTMENTS (CONTINUED)
The following investments représent morè than 5% of the totsl mark•t value..
31 August
2022
31 August
2021
Thmadn88d18
H&ndersDn
Invesco
6,499
4.835
19,463
5,890
5,962
18,270
12.
DEBTORS: AMOUNTS DUE W]THIN ONE YEAR
31 Auuutst
2022
31 Augtjst
2C121
Tr&le Debtor8
Prepayments
Other Debiors
136.708
1.353
2,779
37,924
1,557
3,146
13.
CREDITORS:AMOUNTSFALLINGDUEWITHINONEYEAR
31 August
2022
31 Augu$t
2021
Trade creditors
Amounts owed lo parent undertakings
Socral security and oth8rtaxes
Lease liability
Accma15 and defeffe£l inc4me
55.959
824485
30J14
9,678
203,379
385,391
25,91X)
2,501
617,171
24.281
22

ATHERINE GRAGE TRUST
NOTES TO THÉ FINANCIAL STA TEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022
14.
CREDITORS:AMOUNfsFALLING DUEAFTER MORE
THANONÈYEAR
31 August 31 August
2022
2021
Pension ￿abilIty
63.000
133,950
63.000
133.950
OPERA TING LEASE COMMrrMENTS
At the period end th8 charitable company has total commitments du& under non-canc8llabl&
operating leases. for land and building$ onty. a$ set out below-.
Year
Ended 31
August
2022
Year
End6d 31
Augusé
2021
(*)erating L&a$e comrnitrnents du8..
Ihin 1 year
thin 2- 5 years
Over 5 years
192.524
192,524
770.095
770.095
625.702
818.226
1,588.321 1,780.845
16.
FINANCLAL INSTRUMENTS
31 August
2022
31 Atwust
2021
Financial as5et5 vneasured at settlement value
Financial a$sots MeasU￿d at fair value
F￿anCIal liabilities measured at 5ett]ement value
2,308,830
29,797
943,957
1,524,778
30.121
725.221
Financial assets measu￿￿ at settlem•nt valu• Comprise cash, trade debtors, other debtors,
mount5 due from group undert8king8. and investments in subsidiarias.
23

CATHERINE GRACE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022
17.
RECONGILIATION OF MOVEMENT IN FUNDS
At 31 August
2021
At 31 August
2022
Expendituro
Gains
Unr•stri¢tsd funds
General lund
956.073
1.864.529
11,243J871
1,577,216
R•$triet•d funds
Eleclric vehide
Play Equipment
0￿r fund¥
20,000
10,000
765
119.5001
600
10.000
5.854
8.089
TOTAL
1 282,887
1,593
A £20.1]00 Llonal%)n has been re￿1VE￿ from John James Bristol Foundation for the purchase olan electric
VÈhlC￿.
A dgnati¢M of £10,ODO has been recoNed frorn lh8 St8rlin9 Charity. This donation is to go towards th8
pufthase ol play equipment.
Teseo Comrnunty Grant has donatsd £500 to go towards ts Kunekune Pig Project.
A donakn'on of £265 has been rec8ivad the WDrshipftJl Ccpmpany of Woolman lo be used towards the
purchase of three Shelland Sheep.
At 31 August
2020
At 31 Auwst
2021
In¢om•
Exp8nditur8
Gain5
Unr•stri¢ted funds
General fund
1,553,935
53.414
1651,2781
956,073
Restrlcted funds
Other funds
5,089
TOTAL
1.553,935
58,503
651,276
961,162
A grant ol £5.089 was t8C8N8d from Nin8v8h Charitsble Trust 10 8Stablish th8 Kunkune pig proiect at Grar
Garden SchooL
24

CATHERINE GRACE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022
18.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
2022
Inveslmonts
Fix•d A$$fjts
Net Current
Assets
Fund
Balance
Unrestricted
funds
R&strict8d Funds
754.990
227,870
694.355
I￿77.216
1£,354
16.354
754 990
610 709
1693 S69
2024
Unrestricted
Fund5
Re5tithd Funds
30.121
155.879
770,073
956.073
5,089
5,089
30.121
155.679
775 162
961 162
19.
CASH FLOWS FROM OPERATING A¢TivinES
31
August
2022
31
August
2021
Net movement In funds
Lossllgainl on investrnents
Investment income
Dppreci3tion
Ilnw¥eydeciease in debtors
Incfease in credf(ors
Net ush provldod by opgrating activities
632A07
325
{2.1931
7.126
198,2141
221160
781611
1592,773
13,8251
17,389)
279
7.224
614.680
18,196
25

CATHERINE GRACE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOEI THE YEAR ENDED 31 AUGUST 2022
20.
ULTIMATE PARENT COMPANY AND CONTROLLING PARTY
Rusksn Mill Trust Limited ITegister8d in England and Wales.. comp8ry number.. 07252866 and
charity number.. 11371671 is thè sol& member and controlllng party of Catherine Grace Trust.
The objects of Rusktn Mill Trust Limitad include the 8dvancement of the education of youn9
People with 18aming diificLJlti8s andl or behavloural problems or spedal educatlonal needs., the
promotion of rtssoarch intts the praciice and development of those 8reas of education,. and the
promotion of Rudolf Steiner education &stablishm8nts_ The charitable company iuns 51X SPEcial
educational needs s¢hoolsl¢olleges. A Copy of their financial statements can be obtained from
the Registrar of Companies, Companies HoiJs&. Crown Way. Catdtff, CF14 3UZ.
21. RELATED PARTIES
During the current 2nd prior year. the Executlve Chalf was the dire¢tOf and sole corporate
Trust88 of Ruskin Mill Land Trust IRMLTI. There hav8 also purchases of £192,524 (2021.-
£144.393)- These purchase5 relate to the annual rental of Cherry Orchards. Th8 balanc8 Owgd
to RMLT at the end of Ihe year 1$ £16.044.
26