CHARrrY REGISTRATION NUMBER: 1053102 St Lazarus Community of East London Trust Unaudited Financial Statements 31 December 2021 ER Chartered Certified Accountants Ground Floor East 3040 Eastcheap City of London London EC3M 1HD
St Lazarus Community of East London Trust FinancEal Statements Year ended 31 December 2021 Pages 1to3 Trustees, annual report Independent examinerfs report to the trustees Statement of tinancial athities Statement of financial position Notes to the financiat statsm8rrts 7t016
St Lazarus Community of East London Trust Trustees, Annual Raport Year ended 31 December 2021 The trustses present their report and the unaudited financial statements of the ¢harity tor the year ended 31 December 2021. Reference and admlnlstratlve detalls Regist•r8d eharlty name St Lazarus Community ol East London Trust Charlty registratlon numbor 1053102 Prlnclpal offlce St. Lazarus and St. Andrews Church Rutland Road Forest Gale London E7 8PH The trustees His Eminence Archbishop Nikitas Loulias Mr Alexandros Pe10a5 Mr Angelos Zacharia Mr Panayiolis Fokou Mr Chris Alexandrou Mr AleGOS Lysardrou Mr Panawolis Kourtis Mr Peter Zenios Independent oxamlner David Kay Chartered Certrfied Accountants Ground Floor East 30-40 Eastcheap City ol London London EC3M 1HD
St Lazarus Community of East London Trust Trustees. Annual Report (conthMK Year ended 31 December 2021 Structure, governance and man•geirn Legal and Administrative The chartty is controlw by a deed of tru which sets the basis on which trustees op8rate and cont1 the Irust.The tnjst is an urMncorwrat&l entty arxl govem&J by trust deed. Governance The trust is controlled arKI operated in the interest of the Ial community by e80 Iwstees.The trustees are appointed for a ts¥ee month pericxj after whi¢h they may be re-electwj. The trustees meet on a quartedy bas lo deliberats on the Current issues make aFpfcfJriate and majorty decisions concerning the charS finanod and socia] affalrs. Risk Management The trustees have a duty to safeguard the charlS assets and to wEur¢ that the charity has adequale lunds to meet JI ils Cent and future commthents. The trustees ensure that the current procedures in place are able to meet ihe aLxJve duties and are wewed regulady lo ensure they remain effective and relevanL obctIVeS and a¢llvllles General Objectwes The objects of the charity are to advance the Greek Orth(xhJx faith.to advance public education.to relieve povety,sickness and iJslress and to proVe facilities in the interest of the Sla1 wettare lor reCreatn and leisure time acbvities vthh the am of improwng the coThJikn"on ol lil8 for Ihe inhakntants of Ihe London &)rough of Newham and rts environs. Wethming and HosFitalty The charity has aclively encouraged implemented a policy which welcomes everloody regardless of ethnicity and social background who yh to Voorship and actNely parbcipate in the charws current and future ath"vities. FurKI raising a1VitieS A sponsored walk held annUty whwe members of the congregation and other volunteers parhcipalo. An annuai fete is hekl at the church premises where ev¢ryLx)dy is In1 to participale. Members of the committee and those from Si. Martha aThY Maria Charity OTganisation prepare food and assort1 sweets which is sold lo guests. SuFWrters and other rnemrs ol the public are inwted to sponsor those parbupaliro. Other actNibes under COllSKJeration are sponsored fwe side football toumaments and annual day trips.Th8 Committee 15 open aThJ wel(x)mes new hleas to improve and increase lurKI raising. Improng communicatM)n The charty is hoping to bu1 a website whth rl hcS will improve (£Mnmunuticn belln the charity and the rxjblic and to bettor promote the charills ctyecbves.
St Lazarus Community of East London Trust Trustees, Annual Report (conthK*è) Year ended 31 December 2021 Achtevements and perfornwnce During the Current year the trustees worked to mwntain the focus of the trusvs acbvlbes as laid oul in its objectives. These objectives are the provisN)n of services for the local community, the understanding of Greek Orthrxkjx faith. the teachirwj arKI promolion ol Gfeek language, cumure and ethos. 11 also provxles SUFWrt to members of the community in need throLMJh the work of the Ladies Auxiliary committee which PTOVKles meals to Ihose in ng&1 and SitS and comforts pwile in hosptals. Flnanclal review Current Resuhs The results for the period are shown on pages 5 10 6 tr4olher the attached notes on pages 7 10 11 in the accounts. The charity has register a net surplus 01 £130 of donations red over expendilu incurred which was offset agn$t the charitls unreslricted reserves. Flnanclal Instruments The charity has a loan from the Saint Mcholas EdtIonal Trust whh it Ik out in April 2017 and 1$ paying bad( in monthly installments. The trustees. annual report was aFv0v1 on 20 DMb8T 2022 and signed on behalf ol the board of trustees by". Mr Aexandros PekJpKlas Trustee Mf Aroekns Zacharia Tnjstee
St Lazarus Community of East London Trust Independent Examiner's R8POrt to Ihe Trustees of Sl Lazarus Community of East London Trusl Year ended 31 D8c8mbor 2021 I report to lh8 trustees on my examinalion of the financial slalements of St Lazarus Community of East London Trust I'the Charity) lor the year ended 31 December 2021. Re$pon$lbllltles and ba818 01 report As the trustees of the charity you are responsible for Ihe preparation of the financial statements in accordanee with the requirements of thg ChaTilies AGt 20111lhe Acr}. I report in respect ol my examination ol the charity's linancial stalemenls carried out under Section 145 of the 2011 Act and in carrwng out my Èxamination I have followed all the applicable DireGtions given by the Charty Commission under section 14515llbl ot the Act. Independent examlner's statomont I have completed my examination. I confirm Ihat no material matters have come to my attention in conneclion wilh the oxaminalion giving me cause lo believe that in any material respect.. accounting record5 We not kept in respect 0¢ the ¢harity as required by section 130 of the Act., or the financial statements do not accord with those reGords' or the finanGial statements do not comply th the applicable requirements concerning the form and content ol accounts set out in the Charities IAecounts and Reports) Regulations 2008 olher than any requirement that the amunls give a 'lrue and fair. view which is not a matter Considered as part ol an indepondenl examinalion. I have no concerns and have come across no other matters in connection with th8 examination lo which attention should be diawn in this report in order lo enable a proper understanding ol the accounts lo be reached. Damd Kay Chartered Cett'fied Accounlanls Indettndent Examiner Ground Floor East 30-40 Easlcheap City of London London EC3M 1HD
St Lazarus Communlty of East London Trust Statemenl of Flnancial Activllles Year ended 31 December 2021 2021 Unrestricted funds Total lunds Total funds 2020 Income and endowments Donab"ons and legacies Other trading activities Investment incorne 57.940 3.095 57,940 3.095 31,149 3,872 41 Total incom? 61.040 61,040 35,082 Expendlture Expenditure on raising funds.. Costs ol raising donations and legacies Total oxpendlture 60,910 60,910 60,910 60,910 61,299 61,299 Net in¢omel{expenditure) 130 126,2371 Other recognlsed gains and losses Gains from revaluation of fixed assets 161,600 Net movement In lunds 130 130 135,363 Re¢onclllallon ot funds Total funds brought forward as previously reported Prior year adjustment Tolal lunds brought forward as re51ated Totsl funds carrl8d forward 1,771,926 912 1,771,926 912 1.636,563 1,772,838 1.772,968 1,772,838 1,772,968 1,638.563 1,771,926 The statement ol finanGial a¢livilies includes all gains arKI l(%ses recognised in the year. All income and expenditure derivg from continuing activities. Tho not•s on pages 7 to 16 form part of these fln8nclal statsmènts.
St Lazarus Communlty of East London Trust Statement of Flnancial Position 31 December 2021 2021 2020 Flxed assets Tangible fixed assets Heritage assets 12 13 1,572.360 189,020 1.741,380 1,576.821 169,020 1.745,841 Curront assets Stocks Cash at bank and in hand 14 4.250 54,869 59,119 3,260 53,854 57.114 Credltors: amounts lalllng due withln one year Net currgnl 8s$el$ 15 27,347 31,772 31,029 26.085 1.771,926 Total assets18ss current Ilabllllle8 1,773,152 Creditors: amounts falling duo aftèr more Ih8n one year Net assgts 16 1,772,968 1,771,926 Funds of the ¢harlty Unrestricted funds.. Revalualion reserve Other unrestricted income funds 161.600 1,611,368 1,772,968 1,772,968 161,600 1,610,326 1,771,926 1.771,926 Total unrestrieted funds Total charlty funds 19 These financial statements were approved by the board of trustees aTrY authorised lor issue on 20 De¢ember 2022, and are stgned on behalf of the Lx)ard by.. Mr Alexandros Pelopidas Trustee Mr Angelos Zacharia Trustee T ne9 on pago9 7 to 16 form part of thete IlnAnclal ststgmants.
St Lazarus Community of East London Trust Notss to the Financial Ststements Year ended 31 December 2021 General Informatlon The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal otrice is Sl. Lazarus and St ANlr8ws Church, Rijtland Road, Forest Gate, London. E7 8PH. Ststgment of ¢ompllance These financial slatemenls have been prepared in compliance with FRS 102, Yhe Financial Reporting Standard gpplicable in the UK and the Republic ol Ireland., the Statement of Recommended Practice appiCable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in tho UK and Republic of Ireland IFRS 1021 Icharilies SORP IFRS 10211 and the Gharilies Act 2011. Ac¢ountlng pollcles Bas18 of proparatlon The financial slalements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and inveslmenl properbes measured at lair value through income or expenditure. The financial statements are prepared in sterling, which Is the functional currency ol the entity. Golng concem There are no material uncertainties about the charity's ability to continue. Judgements and key sources ol estimatlon uncertalnty Judgements 1. The ¢arrwng values of PToperty. plant and equipment and intangible assels are ass8ssod annually or more frequently if warranted by a change in circumstance. If it is detsmined that the carrying values ol assets ¢annot be recovered. the ungovernable amounls aro charged against current earnings. Eslimation Uncertainty The useful life of key assets are estimated having regard to such factors as asset mntenanCe and usage. The useful lives of key assets are reviewed annually. Fund accounting Unrestri¢ted fuNls are available lor use at the discretion ol the twslees 10 further any of the charlS purposes. Designated funds are unrestricted funds earmarked by the trustees lor particular futsjre project or commitment. Restricted funds are subjected lo reslriclions on thwr expenditure dgclared by the donor or through the term5 01 an appeal, and fall into one ol Iwo sub-classes= restricted income tunds or endowmenl funds.
St Lazarus Community of East London Trust Noles lo the Financial Statements (eontinued) Year ended 31 December 2021 Accounting pollcle$ (conllnwd) Incoming rgsourGg8 All incoming resources are included in the slalemenl ol financial activities when entitlement has passed lo the ¢harity- il is probable that the eGonomic benefits associated wlh the Iransaction wl flow lo the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income.. income from donations or grants is recognised when there is evidence of gntitlement lo the gill, receipt is probable and its amount can be mgasured reliably. legacy income is recognised when receipt is probablg and entitlement is estaEJished. income from donated goods is measured at the lair value ol the goods unless this is impractical to measure reliably, in which case the value is deriv&l from the cost to the donor or the eslimaled resale value. Donated faolities and services are Tecognised in the accounts when received il the value can be reliably measured. No amounts are included for the contribution ol general voluntoers. income from contracts lor the supply ol semces is recognised with the delivery ol the contracted seNice. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expendod Expenditure is recognised on an accwals basis as a liability is incurred. Expenditure includes any VAT which cannot bg lully recovered, and is classified under headings ol the slalement of financial activities to which it relates.. expenditure on raising lurKls includes the costs of all fundraising acliwb"es, events, non- charitable trading activitie$, and the sale ol donated go¢xls. expgndilure on charitable activthes includes all costs incurred by a charity in L¢ndertaknng aclivf(ies that further ils charitable aims fer the benefit of its beneticiaries, in¢luding those SUPFX)rt costs and costs relating to the governan ol Ihe charity apportioned to charitable aclivrties. other expenditure includes all expenditure that is neither relat to raising fvnds tor the charty nor part ol ils expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the us8 of the resource. Direct costs attributable to a single activity are allocated directly lo that activity. Shared costs are apFX)rboned between the activities they contribute lo on a reasonable, justiftable and consistent basis. Tangibl• assets Tangible assets are initially recorded at cosl, and subsequenlly Stat al cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the lair value at tho date ol revaluation less any subsequent accumulated deprecialion and subsequent accumulat impaimient losses.
St Lazarus Community of East London Trusl Noles to Ihe Finan¢lal Statements Year ended 31 December 2021 AccountlrvJ pollclo8 (CL Tanglble assets An increase in the carying amounl of an asset as a resuh ol a Yevalualion. is recognised in olher recognised gains arKi loss88, unSS il reverses a charge for impaimienl that has previously been recogne as exwndiluTe wlhin the slalomonl of financial aclivib"e$. A decrease In the carrying amount of an assel as a result ol revalualion, is recogntsed in other recognised gains and losses, except lo which rt oftsats any previous revaluation gain, in which case the loss is shown within other recognised gnS and losses on the statemerrt of finawd acbvities. Depreclatlon D•pr¢¢ialion is Calculat so as to writs off cost or valuation of an asseL less its residual value, Over the useful economic lrfe of that asset as follows". Land £1,250.000 rnt depreciated. Building £300,C) is dweciatfrJ at 1% S% r&Jucing balar Fwhokl Fixlures and fittings Hwltay as8Ot• The charity holds herltsg8 assels,wtTrich are tangible fixed assets ol hislori¢al,artistic or sci8ntifl¢ importanc8 that are hekl lo advanca pf8vents.on and coseNab"on objects'v8s ol lh8 ¢harity. Newly purchased heritage assats ara cathlised and included at cost in¢IlIng any incwjental 8xpens08 of acquisilion. Where heritage assots were a1rj in past accounting p9rths and caphali88d, il can be dillicuh or costly to attritxjlo a ¢osl or value to Ihem. In such cases. these assets are excIted from the blan¢e sheet rf reliable cost information 1$ noi available and conventional valualion approaches lack suff icient reliaknlty or significanl costs are invofved in the reconslruclion or analysis ol past accountiro records or in valuation. which are onerous tr)mpared with tho additional benefit derivèd by users ol the accounts in aSSeng Ihe trustees stewardship ol the assets. The very long expectwj lives ol heritage assets, due lo fvir nature, value and need to be protscted and preseNed me8ns that deprjaIljn is rh)t materid arKI L8,thorefore,nol provided. Impalmient ol flxod as*•ti A review lor indicators of impaimient is caffied ovl al each reporting data. Wth tho recoveTabKg amount being estr'maled where such IndtOrS exist. Where the carryng value exce&Ys the recoveraEAe amount. the asset is imPrj accorth'roty. Prf impwrm&nts aro also rewewed lor poSsie revers ai èach reporting date. For the rFe$ of Im1rMenI tosting. it is not k•)ssle to eSMate tho re¢overabk8 amount ol an ifKlivkJual asseL an est'male is made of the recoverable amounl of the cash. generabng unit to which the asset beiory. The cash-generabng unil is the smallest identtfiable group of assets that inclLKles the asset and generates cash infbws It@t largely independent ol the cash inflows from other assets or groups of assets. For impairment testing ot gcM)dw'sll, the gtjxtsI1 acquired in a tSInesS Comlj.nath is, from th8 acquisitson date, allocated to each of the cash-generating units that are expected lo bgnefil from the synergies ol the combinatj'on, irrespeciive ol whether other assets or lialylilies ol the charity are aswgned to those unrts.
St Lazarus Communlty of East London Trust Notes to the Financlal Statements Year ended 31 December 2021 AccountlNJ pollcleg Sto¢k$ Stocks are measured al the h)wer of cost and estimaled selling pite less costs lo complete and sell. Cosl includes costs of purchase. Costs of convetsion and other (yjsts in¢ufred in bringing the stock lo its presenl location condition. Govomm•nt grants Governmwl gfants arè reCnIsed at tha taif value of thg assel or roceivablg. Grants are not recognised unlil there is reasonable assurance thal tho charity will comply with the coTrJth'on$ atta¢hing to them arnl the grants will be re1ved. Where the grant does r1 impose specified luture performance-relalod conditions on the recipient. it is rOgniSed in income when th8 grant prcKeeds are received or rg¢eivable. Where Ihe grant does imp)se ¥cified future pertormance-relat&l conditions on the r1plent, il is recognised in income only wthen the porformanc0-relai condsti'ons havg been mel. Where grants received ar• prior lo salislw'ng the revenue recc¥Jnition criteria, they are recognised as Flnanclal Instrumonts A financial asset or a financial li8bility is reoJgnk8ed only the d)arity Lw)m88 a party to the contractual pwsb)n$ of the instrument. Basic financial instruments are initially al tha amount receivable or payabl6 Including any rglatsd Iransa¢bon costs. Current assets arKI wrrent liabilibes aro subsequenty maasurl at tho ¢ash or othar con5id¢ralion expected lo bo w"d or received arKI not discounted. Debt instruments are sULwnuY Measur al amort189d o)st. Where investments in shares are puuidy traded or their fair value can Othe$8 b8 measurod relably, the investment is subsequerrtly measured al lair value wlh changes in lair value recognised in income and expeTrYrture. All other such investrnents are SLI)swuenUy measurfyj at cost sess impaifment. Other financial inslruments, In¢lj1 dwivaiw86, are Inmally rwnised at fdr value, un1888 payment lor an asset is d8leryed bgyond nomial SinesS terms or linancod al a rale of interest that 15 nol a market rate. in which case the assel is measured at tho pregenl value of the future payments discounled at a market ralo 01 interest for a similar debt instrument. Olher tinancial instruments are subsequentty measur&J at fwr value, with any changes recognised in the statemeni of flnancial aclivili¢s. wilh the exception of hedging instruments in a deggnated hedging relatk)nship. Financial assets that are measured at (x)st or amortised (x)sl are rewewed for objective evKlence of impairment at the erKI of each reporbng date. 11 tre ts ObltIVe ewdgnGe ol impairment. an impairment loss is recognis8d ur¥Jer the appryriate headirtg in Ihe ststement of tinancial aclmties in which the initial gain 8s r6rconiS. 10
St Lazarus Community of East London Trust Notes to the Flnancial siatements (wJlb¥•l) Year ended 31 December 2021 Accountlryj poll¢loS Flnanclal Instwmonts Iconth For all equty instwments r&Jardless of signthcance. and othw financi assets that are individually signiticanl, these are assessed indNiduaily frN impairmenl. Oiher financial assets are either assessed indivKlually or groyd on the basis ol similar credri risk characterisli¢s. Any reversaL8 of impairmerrt are rwnised imme(lial8ty, to the extent that the roversal ¢kses not result in a carrying amount of the financial assot that exc88ds wfftat the Carrying amount Vdould have been had the impairment not previously teen recognised. Dofln8d contrltArtlon plan• Contributions lo dolined contributn plans ara reCognisl as an expense in Ihe pa0d in which the related service is pr0vhdè. Pre conlrthb.ons are recry3nised as an ass81 to the extent that the prepayment will lead to a redu¢tion In fthuro payments or a cash refund. Whèn conlribubons af8 nol expect•J to be settled wholly wbltwn 12 months ol the end of the r¢porting dale in which the omployees render th• relal&J service, the liability is measured on a discounted present value basis. Th¢ unwindir¥J ol the di$Unt i8 rwnis¢d as an expenso in lh8 period in which rt arises. Donollons and1ogacle• Unrestrictod Totsl Fund• Unrestrict•Y Total Fund8 Funts Funds 2020 Donatlons Congregation conlribution & Donallons Sp)nsored Walk 52.989 2,865 25,092 1,100 25,092 1,100 2,865 Grnnts Governm¢nt grant income 2,086 57.940 4.957 31.149 4,957 31.149 57.940 Oth0r trodlng acllvltl•• Unrestricted Total Funds unr1cted Totd Funds FuThJs Funds 2020 Fu1raising events Parking Income 935 2,160 2,160 3,872 3,872 3,872 3,872
St Lazarus Community of East London Trust Noles to the Flnancial Stalemenls Year ended 31 December 2021 Investfflent Incomfr untrIcted Totsl Funds UnStriCted Total Funds Funds Funds 2020 Bank interest r8wvatle 41 41 Cost8 ol ralslng donat10 and1ogado• Unrestricted Totsl Fund• Unrestricted Totl Funds Funds Funds 2020 Costs ol raisiro donations aThJ18gaoes - Donabons 60.910 60,910 61.299 61,299 Net Incom•l(oxporKlrturn) Net Incomellexpan(ffture} is stated after char{Cled1llngl.' 21721 2020 Depi8Thabon ol tsnlible fixed assets 4.461 4.569 Indopond•nl •xamlnaUon f• 2020 Feès payable lo the inthndent examiner for.. IrKlependent examination of the linancid statements 432 10. Staff ¢osts The total Staff costs aThl em0ye9 b•nelrts for th& reportlng Ncj are analysed as follows.. 2021 2020 Wages and salarios Ernplor contributions to pension plans 16,985 50 15,200 100 17,035 1 S,300 The average head ¢wnt of empbye8s during ts >ear was 2 (2020: 4). No employee re¢4vgJ employee L0 of more Ihan £60,(W duriNJ the ypar12020.. Nil). 11. Truslw r•munernllon and oxpuile No remuneratKJn. expgrtses OT other bgneffts from th8 charity ere recwvwj by the trustees. 12
St Lazarus Communlty of East London Trust Noles to the Financlal Statements (contlnued) Year ended 31 December 2021 12. Tanglble flxed a880ts Freehold Fixtures and property fittings Totsl Cost At 1 January 2021 and 31 Decamber 2021 Depreclatlon At 1 January 2021 Charge for the year At 31 Deeember 2021 1,550,000 90.713 1,640,713 3,000 2,970 5,970 60,892 1,491 63,892 4,461 62,383 68,353 Carrylng amount At 31 December 2021 1,544,030 1,547.000 28.330 29,821 1.572,360 1,576,821 A131 December 2020 13. Herltsge assets The heritage assets are the sculptures, icons and other religious ornaments made trom precious metals that are utilised in the chur¢h. These items are acquired by the trustees and are looked after and mainlained by a group 018 volunteers. Herltage asset 1 Cost or valuatlon At 1 January 2021 and 31 December 2021 A¢¢umulated depreciation At 1 January 2021 and 31 Decembèr 2021 Carrylng amount Al 31 December 2021 169,020 169,020 169,020 At 31 DecgmbeT 2020 The statues, icons and ornaments have all been reported at cost. 13
St Lazarus Community of East London Trust Notes to the Financial Slatements Year ended 31 December 2021 13. Horftago assots (con11N) Herltage assots rocognlgod at ¥aluAllon In respect ol ritage assels recognised at valuab"on. Ihe aggr&Jale cost, depreciation and comparable Carrng arnnI that would have b88n r8cs)gnised il Ihe assets had been carried under the historical cost mcrfjd are as folbws.. Horltage awt1 Al 31 Oec•mbor 2021 Aggregate cost Aggregate depreoalion Carrylng value 169,020 169.020 Al 31 December 2020 Aggr¢gale ¢osl Aggregat8 depwiab'on Carrying value 169.020 169,020 14. Stock• 2020 Raw matorlals and consumab8 4,250 3,260 15. Crodllors: 4mount8 f•lllng due wtthln ono year 2020 Bank loan8 arKI overdrafts Trade creditors AccNab and deferred irwme 25,901 25,900 2,761 2.368 31,029 27,347 1& Credltor8: amount8 lalllng du• allor moro Ihan ono 2020 Social security and other tsxes 17. Pen81ons and other post retlremerrt bonoffts Deflned conlrlbutlon pla The amount rwnised in income or experKlIra as an expense in relation to delin ntribution plans was £50 {2020: £1LKII. 14
St Lazarus Communily of East London Trust Noles to the Financial Stalements (conllnuod) Year ended 31 December 2021 1& Government grants The amounts rec(¥Jnised in the financial statements for governmenl grants are as lollows.. 2021 2020 Rec(xJnised in income from donations and legacies.. Government grants income 2,086 4,957 19. Analysis of charltablg lunds Unrestrl¢ted funds Gains and Prior year losses adjuslmerrts31 De¢ 2021 1 Jan 2021 Income Expendtture Genèral funds Revaluation reserve 1,610,326 61,040 160,910) 912 1,611.368 161,600 161.600 1,771.926 61.040 160,9101 912 1,772,968 At 1 Jan 2020 Gains and Prior year At losses adjustrnonts 31 Dec 2020 Income Expenditure General funds Revaluation resetVO 1.636,563 35.062 161.2991 1,610,326 161.600 161,600 1.771.926 1,636,563 35,062 161,2991 161.600 20. Analysis of ngt assets betweon funds Unrestricted Totsl Funds Funds 2021 Tangible fixed assets Heritage assets Net as8et8 1.572,360 169,020 1,741,380 1,572,360 169,020 1,741.380 Unrestricted Total Funds Funds 2020 Tangible lixed assets Heritage assets Net et9 1,576,821 169,020 1,576,821 169,020 1,745,841 1,745,841 15
St Lazarus Community of East London Trust Notes to the Financial Statements (C Year ended 31 December 2021 21. Flnanclal Instruments The carThJ amount for each catry of finarKial instrum•tt is as follows.. 2020 Flngnclal Il•bllttles meosured at falr lu? through Ineome and exPdIture Financial liabilities measured al IWT value Ihrough income and expenrfrtUT8 25.900 25,9C The loan will b& dare¢opniwl ow il has en paKJ off in frjll. The Current caryng value ot ihe ban to Swnt Nicholas Ed(ational Trust i8 £25.900. 16