| FOR THE YEAR ENDED 31s | t | DEC | EMBER 2020 | |||||
|---|---|---|---|---|---|---|---|---|
| NOTES | UNRESTRICTED | FUNDS | UNRESTRICTED | FUNDS | ||||
| 2020 | 2019 | |||||||
| INCOME &ENDOWMENTS | FROM | |||||||
| Donations | 2,992 | 3,551 | ||||||
| Investment income |
||||||||
| Brewin Dolphin investment |
portfolio income | 5,229 | 5,542 | |||||
| Redemption of investments |
23,719 | 11,800 | ||||||
| Interest on cash deposits | ||||||||
| Central Board of Finance |
Deposit Fund interest | 1 | 28,949 | 50 | 17,392 | |||
| TOTAL INCOME | 31,941 | 20,943 | ||||||
| EXPENDITURE ON | ||||||||
| Charitable Activities |
||||||||
| Grants | 13,700 | 15,200 | ||||||
| Grants at Christmas | 5,900 | 19,600 | 5,600 | 20,800 | ||||
| Administrative expenses |
900 | 543 | ||||||
| Investment expenditure |
||||||||
| Purchase ofinvestments | 13,116 | 21,800 | ||||||
| TOTAL EXPENDITURE | 33,616 | 43,143 | ||||||
| NET EXPENDITURE BEFORE | ||||||||
| INVESTMENT GAINS/(LOSSES) | (1,675) | (22,200) | ||||||
| Old cheques written off | 400 | 300 | ||||||
| Gain/(loss) on investment |
assets | (14,320) | 25,109 | |||||
| NET MOVEMENT IN FUNDS |
(15,595) | 3,209 | ||||||
| TOTAL FUNDS BROUGHT FORWARD | 168,079 | 164,870 | ||||||
| TOTAL FUNDS CARRIED FORWARD | 152,484 | 168,079 | ||||||
| Accumulated income excluding |
legacies is as follows: | |||||||
| Balance at 1stJanuary 2020 | (17,479) | 4,421 | ||||||
| Net (expenditure)/income | for the year | (1,275) | (21,900) | |||||
| Balance at 31st December | 2020 | (18,754) | (17,479) |
| NOTTS. CLERGY WIDOWS 8E DEPENDA BALANCE SHEET |
NTS | FU | ND | |||
|---|---|---|---|---|---|---|
| As at 31st DECEMBER 2020 | ||||||
| NOTE | UNRESTRICTED | FUNDS | UNRESTRICTED | FUNDS | ||
| 2020 | 2019 | |||||
| FIXEDASSETS | ||||||
| Tangible assets | ||||||
| Investments | 5 | 148,948 | 163,268 | |||
| TOTAL FIXEDASSETS | 148,948 | 163,268 | ||||
| CURRENT ASSETS | ||||||
| Debtor | 222 | 651 | ||||
| Cash at bank and in hand | 3,313 | 4,239 | ||||
| TOTAL CURRENT ASSETS | 3,535 | 4,890 | ||||
| CREDITORS | ||||||
| Amounts falling due within one year |
(80) | |||||
| NET CURRENT ASSETS | 3,535 | 4,810 | ||||
| NET ASSETS | 152,484 | 168,079 | ||||
| FUNDS OF THE CHARITY | ||||||
| UNRESTRICTED FUNDS | ||||||
| Canon Stevens Bequest | 925 | 925 | ||||
| Heazell Bequest | 9,241 | 9,241 | ||||
| Collins Bequest | 4,356 | 4,356 | ||||
| Day-Lewis Bequest | 830 | 830 | ||||
| Ross Bequest | 1,515 | 1,515 | ||||
| Puddeford Bequest |
216 | 216 | ||||
| Miss M Edge —Gift |
500 | 500 | ||||
| Miss H Law Bequest | 500 | 500 | ||||
| Rev W LBoulton Bequest | 5,037 | 5,037 | ||||
| Mrs BJ Sands Bequest | 100 | 100 | ||||
| Mrs E D Russell Bequest | 1,043 | 1,043 | ||||
| Mrs Moss Bequest | 2,781 | 2,781 | ||||
| Clergy Pensions 5Aid Committee | 4,007 | 4,007 | ||||
| Henry Walters Charity | 356 | 31,407 | 356 | 31,407 | ||
| Main Fund | 121,077 | 136,672 | ||||
| TOTAL FUNDS | 152,484 | 168,079 | ||||
| Approved hy the Trustees on &W (tp(~/ |
(and signed on its behalf): |
| 2020 | 2020 | 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| E | f | |||||||||
| Southwell @Nottingham Diocesan Board of Finance |
||||||||||
| —preparation of accounts |
80 | 80 | ||||||||
| Investment Management costs - admin fees 5 LEI charge |
773 | 300 | ||||||||
| Sundry expenses | —postage 5 | printing | 47 | 163 | ||||||
| Bank charge | ||||||||||
| 900 | 543 | |||||||||
| 5. | INVESTMENTS | 2020 | 2019 | |||||||
| Nominal/ | Cost | Market | Income | Cost | Market | |||||
| shares | Value | Value | ||||||||
| f | E | E | E | f | ||||||
| All managed by |
Brewin Dolphin | |||||||||
| Fixed Interest | ||||||||||
| UK Government | Bonds | |||||||||
| 2.50%Index-Linked Stock 16/04/20 |
171 | 11,929 | 13,780 | |||||||
| 4.125%Index-Linked Stock 22/07/30 |
3,450 | 13,468 | 13,116 | 153 | ||||||
| 3.75%Treasury | Stock 07/09/19 | |||||||||
| 4.00%Treasury | Stock 07/03/22 | 11,800 | 12,014 | 12,373 | 472 | 12,014 | 12,690 | |||
| 5.00%Treasury | Stock 03/2025 | 11,224 | 14,314 | 13,617 | 561 | 14,314 | 13,738 | |||
| UK Equities | ||||||||||
| CBFCentral Board of Finance | ||||||||||
| investment Fund Income |
4,407 | 3,746 | 90,070 | 2,529 | 3,746 | 85,852 | ||||
| Charities Official |
Investment | Fund | ||||||||
| Investment Fund Income |
101.92 | 1,860 | 1,752 | |||||||
| MSG Investment | Management | |||||||||
| Charifund Income |
1,305 | 8,941 | 17,912 | 1,289 | 14,627 | 35,456 | ||||
| 52,483 | 148,948 | 5,229 | 56,630 | 163,268 | ||||||
| 6. | DEBTORS | 2020 | 2019 | |||||||
| E | E | |||||||||
| Investment income due from |
B D | 222 | 651 | |||||||
| 7. | CASH AT BANKAND IN HAND |
20 | 2019 | |||||||
| f | f | |||||||||
| Central Board of Finance Deposit Fund |
162 | 162 | ||||||||
| Lloyds TSBBank pic Business | account | 3,151 | 4,077 | |||||||
| Uninvested monies |
0 | |||||||||
| 3 | 313 | 4,239 | ||||||||
| 8. | CREDITORS | |||||||||
| Amounts falling |
due within | one year | 2020 | 2019 | ||||||
| E | f | |||||||||
| Southwell @Nottingham Diocesan Board of Finance |
||||||||||
| -preparation | ofaccounts | 80 | ||||||||
| 80 |