| CONTENTS | |||
|---|---|---|---|
| Page | |||
| Report of the Directors | and Trustees | ||
| Independent Examiner's |
Report | ||
| Statement of Financial |
Activities | ||
| Balance Sheet | |||
| Notes to the Financial | Statements | 10 | |
| Assets Held as Trustee | 12 |
Rewrtarl laxwnts2)21 Pdy2d13
| FOR THE | YEAR ENDED 31 DEC | EMBER | 2021 | |||||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||
| Income | ||||||||
| Property | and in-house legal fees |
15,103 | 21,949 | |||||
| Administration charges - Finance |
10,628 | 10,215 | ||||||
| Total Charitable activities |
25,731 | 32,164 | ||||||
| Investment Income |
||||||||
| CCLA Investment rebate |
38,560 | 33,113 | ||||||
| Bank and other deposit income | 59 | 761 | ||||||
| 38,619 | 33,874 | |||||||
| Total Income | 64,350 | 66,038 | ||||||
| Expenditure on: |
||||||||
| Charitable | activities | |||||||
| Contribution to office costs/salary |
costs | 31,000 | 41,000 | |||||
| Directors' Expenses | 0 | 0 | ||||||
| Officers' Fees and Expenses | 28,101 | 22,649 | ||||||
| Professional fees relating | to casework | 219 | 156 | |||||
| Insurance | 1,090 | 1,089 | ||||||
| Computer and Software support |
2,905 | 4,329 | ||||||
| Telephone/Postage/Stationery | 1,080 | 849 | ||||||
| Courier | 23 | 130 | ||||||
| Independent Examination |
fees | 3,312 | 3,120 | |||||
| Professional Subscriptions |
and Training | 2,035 | 1,733 | |||||
| Companies House/ICO |
48 | 48 | ||||||
| Bank charges | 664 | 853 | ||||||
| Sundries | 345 | |||||||
| Total Expenditure | 70,822 | 75,956 | ||||||
| Deficit/surplus for the year |
(6,472) | (9,918) | ||||||
| Reserves | brought forward at 1 January 2021 |
75,659 | 85,577 | |||||
| Reserves | carried forward 31 December 2021 | 69,187 | 75,659 |
| Note | 2021 E |
2020f | ||
|---|---|---|---|---|
| Fixed assets | ||||
| Current Assets | ||||
| Debtors | 24,691 | 14,791 | ||
| Prepayments | 1,081 | 1,089 | ||
| Cash on short term | deposit | 46,775 | 62,899 | |
| 72,547 | 78,779 | |||
| Creditors: Amounts | falling due within one year | |||
| Accruals | (3,360) | (3,120) | ||
| Net current assets | 69,187 | 75,659 | ||
| Net assets | 69,187 | 75,659 | ||
| Reserves | ||||
| General funds | 69,187 | 75,659 |
| Note | 2021 | 2020 | ||
|---|---|---|---|---|
| F | F | |||
| Fixed assets | ||||
| Investments | at market value | 32,190,889 | 29,281,972 | |
| Current assets | ||||
| Cash on short term deposit | A | 10,578,534 | 12,251,141 | |
| Cash at bank | A | 440,527 | 183,763 | |
| 11,019,061 | 12,434,904 | |||
| Total assets | 43,209,950 | 41,716,876 |
| CASH | ON SHO | RT TERM DEPOSIT ORAT BANK | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| F | F | |||
| Short | term deposits held on behalf of:- |
|||
| Thames | North Synod | 157,335 | 1,880,360 | |
| Others | 10,421,199 | 10,370,781 | ||
| 10,578,534 | 12,251,141 | |||
| Cash | at bank held on behalf of:- | |||
| Thames | North Synod | 113,779 | (34,984) | |
| Others | 326,748 | 218,747 | ||
| 440,527 | 183,763 |
| Summary by Beneficiary |
Thames | Churches | Others | Total |
|---|---|---|---|---|
| North Synod | ||||
| At cost | ||||
| At 31 December 2020 | 10,720,616 | 7,414,639 | 428,771 | 18,564,026 |
| Transfer | ||||
| Additions:- | ||||
| New funds | 406,775 | 406,775 | ||
| Reinvestment | 1,426,761 | 117,229 | 1,543,990 | |
| Disposals | (1,007,634) | (561,635) | (105,090) | (1,674,359) |
| At 31 December 2021 | 9,712,982 | 8,686,540 | 440,910 | 18,840,432 |
| At market value | ||||
| At 31 December 2020 | 15,661,100 | 12,898,278 | 722,594 | 29,281,972 |
| At 31 December 2021 | 16,585,210 | 14,843,607 | 762,072 | 32,190,889 |
| Summary by Type |
Unit Trusts, | Government | Listed | Total |
| Common | Stocks | Investments | ||
| Investment Funds |
||||
| At cost | ||||
| At 31 December 2020 | 18,560,544 | 3,482 | 18,564.026 | |
| Additions:- | ||||
| New funds | 406,775 | 406,775 | ||
| Reinvestment | 1,543,990 | 1,543,990 | ||
| Disposals | (1,674,359) | (1,674,359) | ||
| At 31 December 2021 | 18,883,949 | 3,482 | 18,840,432 | |
| At market value | ||||
| At 31 December 2020 | 29,240,811 | 41,161 | 29,281,972 | |
| At 31 December 2021 | 32,142,119 | 48,770 | 32,190,889 |