sr ANDAEvfs CIKIRCH HALL CHAiirrABLE TRusr
INDEPENDENT EXAMINER'S REPORT TOTHE TRUSTEES
OF ST ANDREW'S CHURCH HALL CHARABLE TRUST
FOR THE YEAR ENDED 5 APRIL 2023
I report on the acc¢unts of the chafity for the year ended 5 Aprl 2023, whith are set out on pages 5 kn &
RespeLti¥e re5ponsilMllties of twstees and examlner
The charivs tSteeS are responsilAe for the preparation of the accoun The tharitls trustees consider
that an audit is not required forthisyear under sertM)n 144121 of the Charities Art 2011 (the 2011 Act) and
that an independent examination is needed. It is my responsibility to:
examine the accounts under section 145 of the 2011 A
• to follow the procedures laid down in the general Dirertions given by the Charity
Cornmissioner under sertion 14515llbl of the 2011 Act: and
to state whether particular matters have ¢¢me to my attention.
Baslsof Indepettdént txamS report
My examination was carried out in accordance ¥rith the General Dwections given by the Charity
Commissioner. An examination includes a rèview of the accounting records kept by the charity and a
comparison of the accounts presented with thosè record& It also indudes consKleration of any unusual
items or disclosures in the accounts. and the seeking of Èxplanations from you as trustees cOnMing anv
suth rnatte. The procedures undertaken do not provide all the eden that would be required in an
auditand, consequently no opinion iSEiven as to whetherthe accounts present a'true and fair ¥ik and
the report is lirnktÈd to thosè matters set out in the ststernent below.
Independent examitterfs ststement
In connection with my examination, no matter has come to my attentM)n:
11) whKh me reasonable (ause to belie%t that, in any material respert. the
requirements-
- to keep xcounting records in accordance with section 130 of the 2011 Art; and
to prepare attounts ¥A)ith accord with the accounting records and to compty with
the accounting requirements of the 2011 Act have not been rnet: or
121 to Whh, in my opinion.attentx should be df8vm in order to enable a proper
understanding of the accounts to be reathed.
Heather Chee5man FCA
Chithester Accounting
104 Stockbridge Road
Chithester
West Sussex
P019 8QP
Date:
26LK sCvC
£014
|
|
2023 |
|
2022 |
|
Unrestricted |
Endowment |
Total |
|
|
Funds |
Funds |
Funds |
|
|
£ |
£ |
£ |
|
| INCOME |
|
|
|
|
| Interest received - DepositAccounts |
784 |
|
784 |
43 |
| Investment Income: |
|
|
|
|
| COIF Charities Ethical Investment Income Shares |
25,695 |
|
25,695 |
25,188 |
| CBF Investment Income Shares |
16,448 |
|
16,448 |
15,968 |
| CBF Property FundShares |
11,157 |
|
11,157 |
11,157 |
| TOTAL INCOME |
54,084 |
|
54,OS4 |
52,356 |
| EXPENDITURE |
|
|
|
|
| Charitable donations (Proposed): |
|
|
|
|
| The PCC of St Stephen with StJohn, Westminster |
26,567 |
|
26,567 |
26,003 |
| St Peter's, Eaton Square - Repairand Ministry Fund |
26,567 |
|
26,567 |
26,003 |
| Administration |
350 |
|
350 |
350 |
| independent examination |
600 |
|
GOO |
|
| TOTALEXPENDITURE |
54,084 |
|
54,084 |
52,356 |
| NET INCOME/EXPENDITURE BEFORE |
|
|
|
|
| RECOSNISED GAINSAND LOSSES |
|
|
|
|
| Netgains/losseson InvestmentAssets |
|
|
|
|
Unrealised gains
Unrealised tosses |
|
-129,308 |
-129,308 |
162,223 |
| NET MOVEMENT IN FUNDS |
|
-129,308 |
-129,308 |
162,223 |
| TOTAL FUNDS BROUGHTFORWARD |
|
1,756,017 |
1,756,017 |
1,593,794 |
| TOTAL FUNDS CARRIED FORWARD |
|
1,626,709 |
1,626,709 |
1,756,017 |
|
2023 |
|
2022 |
|
|
£ |
£ |
£ |
£ |
| FIXED ASSETS |
|
|
|
|
| fnvestments (Note 4) |
|
1,626,709 |
|
1,756,017 |
| CURRENT ASSETS |
|
|
|
|
| DepositAccounts |
53,856 |
|
52,172 |
|
| CurrentAccount |
227 |
|
184 |
|
|
54,083 |
|
52,356 |
|
| LESS LIABILITIES: AMOUNTS FALLING DUE |
|
|
|
|
| WITHIN ONE YEAR |
|
|
|
|
| Charitabfe donations |
53,134 |
|
52,006 |
|
| Administration and Governance |
950 |
|
350 |
|
|
54,083 |
|
52,356 |
|
| NETCURRENTASSETS |
|
|
|
|
| NET ASSETS |
|
1,626,709 |
|
1,756,017 |
| FUNDS |
|
|
|
|
| Unrestricted Fund (Note 5) |
|
|
|
|
| Endowment Fund (Note 5} |
|
1,626,709 |
|
1,756,017 |
|
|
1,626,709 |
|
1,756,017 |
| StatementofFinancial Activities. |
|
|
|
|
|
|
Number |
Cost |
MarketValue |
MarketValue |
Gain/Loss |
|
|
|
2022 |
2023 |
|
| COIF Charities Ethical Investment |
|
|
|
|
|
| Fund Income shares |
298,434 |
538,793 |
898,317 |
837,198 |
-61,119 |
| CBF Church of England Investmer |
|
|
|
|
|
| Fund Incomeshares |
26,613 |
302,741 |
594,781 |
567,279 |
-27,502 |
| CBF Church ofEngland Property |
|
|
|
|
|
| Fund Incomeshares |
171,383 |
195,188 |
262,919 |
222,232 |
-40,687 |
|
|
|
1,756,017 |
1,626,709 |
-129,308 |
| 5. ANALYSIS OF NETASSETS BY FUND |
S |
|
|
|
|
Unrestricted |
Endowment |
Total |
Total |
|
Fund |
Fund |
2022 |
2022 |
| Fixed Assets |
|
1,626,709 |
1,626,709 |
1,756,017 |
| Current Assets |
54,083 |
|
54,083 |
52,356 |
| Current Liabiiities |
-54,083 |
|
-54,083 |
-52,356 |
| Fund Balance |
|
1,626,709 |
1,626,709 |
1,756,017 |