2022-12-31-accounts - Salisbury Diocesan Clergy Widows And Dependants Fund

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The	Revd	Peter Matthews	Widows' Oatcsr -	Sanlill
The	Revd	Makolm Hill		Dorset
The	Revd	OrJane Culllford	widows' oiiicsr -	Slierbofils
The	Revd	Jane Palmer	wtdoiwr ofitcsr -	Wilts	to Aug 2023
Mrs	Mary	Foskett	Widows' Rsixsssoisil vs		from Oct 2022

STATEMENT OF FINANCIAL	STATEMENT OF FINANCIAL	STATEMENT OF FINANCIAL	ACTIVITIES	ACTIVITIES	ACTIVITIES	ACTIVITIES	FOR	FOR	THE YEAR	THE YEAR	ENDED 31	DECEMBER 2022
							Unrsstrlded			Endowment		Total		Total
									Funds		Funds	Funds		Funds
				Note					2822		Z8(8(	2()22		2()r'81
INCOME FROM.' Dona5ons and legs des lrlvestrnsrlts									26 27,017			25 27,017		25 25,403
TOTAL INCOME									27,042			27,042		25 428
EXPENDITURE ON:
Charitable activities Grants payabls									17,154			17,154		14,308
TOTAL EXPENDITURE									17154			17154		14,308
NET INCOMEIEXPENDITURE BEFORE NET GAINSl(LOSSEB) ON INVESTIEENTS												9,886		11,120
Net gains/gooses) on investments					7				( 2,842)		( 96,486)	( 99,308)		106,309
NET MOVEMENT IN FUNDS									7,047		( 98,466)	( 89,420)		117,429
RECONCIUATION IN FUNDS: Total funds brought forward				11,13					89,985		622,900	912,886		795,455
Tolal funds cerned forward				10,12			f		97,032	f.	728,433 f 823 465		8	542,M4
		BALANCE		8HEET			AT	31 DECEMBER 2022
								Unrslrldsd		~nt		Total		Total
									Funds		Funds	Funds		Funds
					Note				2L22		2022	2022		~01
RXEDASSETS:
Investments Listed investments —CBFChurch of					7				21,405		726,433	747,838		847,146
England Funds									21,406		726,433	747,638		847,146
CURRENT ASSETS:
CBFDeposit Fund Cash held by Salisbury	DBF								74,875 2 328 77,203			74,875 2328 77203		65,857 2,351
UABILITIE6:
Creditors: amounts failing due olla year		within			9				( 1,576)			( 1,576)		( 2,470)
NET CURRENT ASSETB OR LIABILITIES									75,827			75627		85 288
TOTAL NET ABBETSOR	UABIUTIE8						f		97,032	f	726,433	f 823486		il 25M
THE FUNDS OF THE CHARITY:			1c,10,11,12,13
Endovmrint funda Unrestricted htnds TOTAL CHARIIY FUNDS							f		97,032 97032	f	726,433 726433	726,433 97,032 f 823465	822,900 89,985 2,885
These nnandat statements	were	approved	by the		Trustees on!&j.!8/43..and
signed on their behalf by:		Axdsrrrrric»				foErEE sdyPFTH6'»
n		, Trustee
		The notes	on pages			4to7		form pert of		these accounts

	Creditors are normally recogn	Creditors are normally recogn	is	ed at their sattlemsnt	amount.
m)	EJQRIgbtL[tbEQJQlgg[lk Fixed asset Investments are		a	form of basic financial	Instrument	and are		Initially recognised			at their transaction				cost
	and subsequently measured		at fair value at the Balance sheet date. Investment						gains and losses, whether				realised or
	unrealissd, are combined	and		shown In the heedlrrg	'Net gainer(losses)		on Investments'			In the		Statement	of	ananctsl
	activities.
2	Income from donations	and legacies
	Donations											25			25
										2		25	2		25
	All income from donations	In	both years was unrestricted.
3	Income from Investments
	Dividends										26,112			25,374
	Interest on cash deposits											905			29
											27	010	2	25403
	Atl Income from Invesbnents		in	both years wes unrestricted.
4.	Costs ofcharitable activities
												2[)22			RR1
									(Note 5)
	Grants to indMduals
	Bereavement grants	8[2021:8grants]				15,500			1,654		17,154			13,735
	Christmas grants Nil	[2021:I}													573
					2	155011		2	1664	8	17154		2.	14300
	Support costs are allocated between grant types based on the value ofeach grant type									swarded		in the year.
	All costs ofcharitable activities			In both years were charged to unrestricted				funds.
												~l
S.	Support costs											ggah.			99IEE
												29RR			2921
	Trustees' expenses											136			149
	Diocesan gnandel management			fees					676			676			763
	Independent examiner's fees					978		f	676	2	842 1664		2		896 1007

Fixed asset Investments -Usted Investments	Unrestricted	Unrestricted	Endowment	Total		Total
		funds	funds	funds		funds
		?922	202K	2()2Z		2E1
Market value at1 January		24,247	822,900	847,146		740JI36
Net Investment gain / (loss) on revaluation Market value at31 December	2	2842 2'I 4DS	96466 2 726 433	99308 2 747 838	4	ID6 309 847161
Original cost at31 December	7.	73	8 2181M	22D6 t	2	2208 I
Unreallsed gains at 31 December	2	18887	E 5083tS	6 626 M7	2	626276

	Fixed asset Investments						21,405		726,433	726,433	747,838
	Current assets Current llabllmss Total					E	77,203 1 676 67632	E	728	433	77,203 ~1,678 8 823486
14,	Analysis ofnst assets between		funds - previous year
									FuunF.
	Fixed asset investments						24,247		822,900		847,147
	Current assets Current liabilities Total						2 70				68,208 ~2478 6!12885
15.	Flnandal Instruments						Note			~22
	Financial assets measured	at fair	value through		profit and loss:
	Investments held at fair value								747838		647146
								E	747	8311	E 847.181
	Income, expense, gains or	losses,	including	changes In fair value		recognised	on:
	Gains/(Losses) on Financial assets measured				at fair value		7		( 99,308)		106,309
	Interest on cash deposits'						3			905	29
	Income from listed investments						3	28 ~72		112 D	25 374 E 131711