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2021-06-30-accounts

CONTENTS Page
LegalandAdministrativeInformation 2
ReportoftheDirectorsandTrustees 3-8
IndependentAuditors’Report 9-11
StatementofFinancialActivities 12
BalanceSheet 13
CashFlowStatement 14
NotestotheFinancialStatements 15-22

STAUGUSTINE’SCHAPEL CHARITY
BALANCESHEET
ASAT30JUNE2021

Note

2021

2020
£ £ & £
FIXEDASSETS
Tangibleassets 8 5,671,395 5,750,165
Investments 9 700,632 620,199
6,372,027 6,370,364
CURRENTSASSETS
Debtors 10 12,138 18,237
Cashanddeposits 22,455 14,313
34,593, 32,550
CURRENTLIABILITIES
Creditorspayablewithinoneyear il (19,004) (25,309)
NETCURRENTASSETS 15,589 7,241
NETASSETS 6,387,616 6,377,605
REPRESENTEDBY:
UnrestrictedFunds 6,387,616 6,377,605
TOTAL FUNDS 12 6,387,616 6,377,605
Thenotesonpages15to22formpartofthesefinancialstatements.
Thefinancialstatementsonpages12to22wereapprovedby theTrustees on25March 2022andweresignedon their
behalfby:
ACMoote
Trustee

Note 2021 2021 2020
£ £
CASHOUTFLOWFROMOPERATINGACTIVITIES 14a (2,867) (88,184)
CASHFLOWFROMINVESTINGACTIVITIES
Purchaseofinvestments 9 (396,395) (399,465)
Saleofinvestments
Investmentincome
390,370
17,034
376,565
19,927
Netcashprovidedbyinvestingactivities 11,009 (2,973)
INCREASE/ (DECREASE)INCASHINTHEYEAR 8,142 (91,157)
Thenotesonpages15to22formpartofthesefinancialstatements.

2 = Criticalaccountingjudgementsandkeysources ofestimationuncertainty(continued)
CriticaljudgementsinapplyingtheCharity'saccountingpolicies
Therearenocriticalaccountingjudgementsin2021 or2020,
Criticalaccountingestimatesandassumptions
Therearenocriticalaccountingestimatesorassumptionsin2021ot2020.
3 - VoluntaryIncome 2021 2020
Chapelcollections- suspendedinyear £
0
£
11,698
Donationsfromothercharities 50,000 40,000
Sundrydonations 4,386 4,999
FurloughGrant 7,533 6,229
OtherGrantFunding 0
61,919
14,294
77,220
annem
4 InvestmentIncome 2021
2020
&
IncomefromFixedInterestinvestments
IncomefromEquities
2,235
14,799
5,875
14,052
17,034 19,927
5 Analysisoftotalexpenditure 2021 2020
£
Costsofraisingfunds
Investmentmanagementfees 4,498 5,050
Totalcostsofraisingfunds 4,498 5,050
Charitableexpenditure:
Donationsfromcollections- suspendedinyear 0 11,042
Governance 3,990 3,918
Depreciationofbuildings 78,770 78,770
Chapelmaintenanceandrunningcosts 56,092 153,299
Totalcharitableexpenditure 138,852 247,029
Totalexpenditure 143,350 252,079
ennnnesetotband
2021 2020
£
AuditfeesincludedinCharitableexpenditure
Remunerationpaidtoauditorforauditservices 3,990 3,918
17
13 Analysisofmovementinfunds At Transfers&
1July2020 Income Expenditure
Investment
Total
Gains/(Losses) 30June2021
Unrestricted & & &
&
£
Designatedfunds:
AdministrationFund 550,600 17,034 0 88,587 656,221
RebuildingFund 5,767,005 0 (78,770)
(16,840)
5,671,395
GeneralFund- freereserves 60,000 61,919 (64,580)
2,661
60,000


6,377,605


78,953


(143,350)



74,408


6,387,616
Yearended30June2020
At Transfers&
1July2019 Income Expenditure
Investment
Total
Gains/(losses) 30June2020
Unrestricted £ &
&
&
Designatedfunds:
AdministrationFund 663,122 19,927 0
(132,449)
550,600
RebuildingFund 5,845,775 0 (78,770)
0
5,767,005
GeneralFund- freereserves 60,000 77,220 (173,309)
96,089
60,000


6,568,897


97,147


(252,079)



(36,360)


6,377,605
la Reconciliationofnetincometonetcash fromoperating activities
2021 2020
£ £
Netincome/ (expenditure) 10,011 (191,292)
Investmentincomereceived (17,034) (19,927)
Realised(gains)/ lossesoninvestments (17,827) 14,382
Unrealised(gains)/ lossesoninvestments (56,581) 21,978
Depreciation 78,770 78,770
Decreaseindebtors 6,099 5,001
(Decrease)/ increaseincreditors (6,305) 2,904
Netcashusedinoperatingactivities (2,867) (88,184)
14b
Analysisofchangesinnetdebt
At
Cashflows

Other
Balance
1July2020 changes 30June2021
& &
&
&
Cashinhandandatbank 14,313
8,142

0
22,455
21