## ## ## ## |||||||Pages| |---|---|---|---|---|---|---| |Trustees' annual'report|(incorporating||the|director's|report)|1to 6| |Independent
auditor's|report to|the members||||Tto10| |Statement offinancial|activities|(including||income and||| |expenditure
account)||||||| |Statement offinancial|position|||||12| |Statement ofcash flows||||||| |Notes to the financial|statements|||||14to 22| ## ## ## ## ## ## # ## ## ## |||||Lee|Abbey Househol|Abbey Househol|d|d|Communities|Communities|| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||Company
Limited||by||Guarantee||| |Trustees'||Annual|||Report (Incorporating||||the Director's Report) (continued)||| |||||||Year ended 30|April 2022||||| |Reference|and administrative|||||details|||||| |Registered|charity||name|||Lee Abbey Household||Communities|||| |Charity registration|||number|||1053813|||||| |Company|registration|||number||03137720|||||| |Principal office and|||registered|||Lee Abbey|||||| |office||||||Lynton|||||| |||||||Devon|||||| |||||||EX356JJ|||||| |The trustees|||||||||||| |||||||SEdmondson||||Chair|| |||||||Revd M C Bishop|||||| |||||||Revd Dr G RCappleman|||||| |||||||Ven Dr AJJolley|||||| |||||||Revd C Mcllroy|||||| |||||||Mr R Pool||||(Resigned|4 December 2021)| |||||||Mr D Hase||||(Appointed|2 February 2022)| |||||||Ven A D Wooding Jones||||(Appointed|23 November 2021)| |Company|secretary|||||CLC Secretarial Services Limited|||||| |Auditor||||||Westcotts (SW) LLP|||||| |||||||Chartered
accountants||&statutory||auditor|| |||||||47 Boutport Street|||||| |||||||Barnstaple|||||| |||||||Devon|||||| |||||||EX31 1SQ|||||| |Bankers||||||Lloyds Bank Pic|||||| |||||||207 High Street|||||| |||||||Erdington|||||| |||||||Birmingham|||||| |||||||B236SZ|||||| |Solicitors||||||Carter Lemon Camerons|||LLP||| |||||||3"Floor, 20 King Street|||||| |||||||London|||||| |||||||EC2V 8EG|||||| # ## ## ## # ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Year end|ed 30April|2022||| |---|---|---|---|---|---|---|---| ||||||2022||2021| |||||Unrestricted|Restricted||| ||||Note|funds|funds|Total funds|Totalfunds
f| |Income and endowments|||||||| |Donations
and legacies
Chaiitable
activities
Investment
income||||28,776
15,339|38,174|66,950
15,339|46,992
25,695
63| |Total income||||44,115|38,174|82,289|72,750| |Expenditure
Expenditure
on charitable|activities||8,9|45,858|19,648|65,506|62,202| |Total expenditure||||45,858|19,648|65,506|62,202| |Net income and net movement||in|funds|(1,743)|18,526|16,783|10,548| |Reconciliation
offunds
Total funds brought
forward||||416,794|28,373|445,167|434,619| |Total funds carried forward||||415,051|46,899|461,950|445,167| ## ## ## ## |||30April|2022|||| |---|---|---|---|---|---|---| |||||2022||2021| ||||Note|6||E| |Fixed assets||||||| |Tangible fixed assets|||14||340,182|349,831| |Current assets||||||| |Debtors|||15|850||160| |Cash at bank and|in|hand||123,215||97,026| |||||124,065||97,186| |Creditors: amounts||falling due within one year|16|(2,297)||(1,850)| |Net current assets|||||121,768|95,336| |Total assets less|current liabilities||||461,950|445,167| |Net assets|||||461,950|445,167| |Funds ofthe charity||||||| |Restricted
funds|||||46,899|28,373| |Unrestricted
funds|||||415,051|416,794| |Total charity funds|||17||461,950|445,167| ## ## ## ## ||Year en|ded 30April 202|2|| |---|---|---|---|---| ||||2022|2021| ||||5|| |Cash flows from operating
Net income|activities||16,783|10,548| |Adjustments
for:
Depreciation
oftangible
fixed
Other interest receivable snd
Accrued expenses|assets
similar income||9,649
447|9,649
(63)
150| |Changesin:
Trade and other debtors|||(690)|53| |Cash generated
from operations|||26,189|20,337| |Interest received||||| |Net cash from operating
activities|||26,189|20,400| |Net increase
in cash and cash equivalents
Cash and cash equivalents
at beginning||ofyear|26,189
97,026|20,400
76,626| |Cash and cash equivalents|at end ofyear||123,215|97,026| # ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## # ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Donations|and legacies|||| |---|---|---|---|---| |||Unrestricted|Restricted|Total Funds| |||Funds
E|Funds
f|2022
8| |Donations
Donations
Donations|from Lee Abbey Movement|13,329
15,447||13,329
15,447| |Grants
Grants receivable - Diocese ofExeter|||38,174|38,174| |||28,776|38,174|66,950| |||Unrestricted|Restdicted|Total Funds| |||Funds|Funds|2021| ||||8|8| |Donations
Donations
Donations|from Lee Abbey Movement|7,992
22,000||7,992
22,00'0| |Grants
Grants receivable —Diocese ofExeter|||17,000|17,000| |||29,992|17,000|46,992| ## ## ## ## ## ||||Unrestricted|Total Funds|Unrestricted|Total Funds| |---|---|---|---|---|---|---| ||||Funds|2022|Funds|2021| ||||6|6||6| ||Contdbutions|from Communities|15,339|15,339|25,695|25,695| |7.|Investment|income||||| ||||Restricted|Total Funds|Restricted|Total Funds| |---|---|---|---|---|---|---| ||||Funds
f|2022
f|Funds
6|2021
f| |Bank interest||receivable|||63|63| ||||||/|| |Expenditure||on charitable|activities by fund type|||| |||||Unrestricted|Restricted|Total Funds| |||||Funds|Funds|2022| |||||6||6| |Christian
Support|faith
costs|ministries||41,468
4,390|19,648|61,116
4,390| |||||45,858|19,648|65,506| |||||Unrestricted|Restricted|Total Funds| |||||Funds
8|Funds
6|2021
f| |Christian
Support|faith
costs|ministries||44,608
8,142|9,452|54,060
8,142| |||||52,750|9,452|62,202| ## ## |Expendit|ure|on charitable acti|vities by activity typ|e||||| |---|---|---|---|---|---|---|---|---| ||||Activities|||||| ||||undertaken|||Total|funds|Total fund| ||||directly
6|Support|costs
6||2022
f|2021| |Christian|faith|ministries|61,116||4,390||65,506|62,202| ## ## ## ## ## |Analysis of|supp|ort costs|||| |---|---|---|---|---|---| ||||Analysis of||| ||||supportcosts
activity
1|Total 2022|Total2021| ||||6|6|| |Premises
Communications
Human
resources||and IT|1,990
2,400|1,990
2,400|1,950
3,792
2,400| ||||4,390|4,390|8,142| |Net income|||||| |Net income|is stated after charging/(crediting):|||2022|2021| |||||6|6| |Depreciation|oftangible fixed assets|||9,649|9,649| ## ## ## ## ## ## ## |14.|Tangible fixed asse|ts||| |---|---|---|---|---| |||||Land and| |||||buildings| ||Cost|||| ||At 1 May 2021 and 30April 2022|||426,830| ||Depreciation|||| ||At 1 May 2021
Charge for the year|||76,999
9,649| ||At 30April 2022|||86,648| ||Carrying
amount|||| ||At 30April 2022|||340,182| ||At 30April 2021|||349,831| |15.|Debtors|||| ||Other debtors||2022
f
850|2021
5
160| |16.|Creditors: amounts|falling due within one year||| ||||2022|2021| ||Accruals and deferred|income|2,297|1,850| ## ## ## ## ## ## ## ## ## ## ## ## |18.|Analysis ofnet as|se|ts between funds|||| |---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total Funds| ||Tangible fixed assets
Current assets
Creditors less than
1||year|Funds
8
340,182
77,166
(2,297)|Funds
f
46,899|2022
6
340,182
124,065
(2,297)| ||Net assets|||415,051|46,899|461,950| |||||Unrestricted|Restricted|Total Funds| |||||Funds|Funds|2021| ||Tangible fixed assets
Current assets
Creditors less than
1||year|349,831
66,963|28,373|349,831
95,336| ||Net assets|||416,794|28,373|445,167| |19.|Analysis ofchanges||in net debt|||| |||||At||At| |||||1 May 2021|Cash flows|30 Apr 2022| ||Cash at bank and in|hand||97,026|26,189|6
123,215| ## ## ## ## ## ## ## |||2022|2021| |---|---|---|---| |||6|5| |Income and endowments|||| |Donations
and legacies|||| |Donations
Donations
from Lee Abbey Movement
Grants receivable —Diocese ofExeter||13,329
15,447
38,174|7,992
22,000
17,000| |||66,950|46,992| |Charitable
activities|||| |Contributions
from Communities||15,339|25,695| |Investment
income|||| |Bank interest receivable|||63| |Total income||82,289|72,750| |Expenditure|||| |Expenditure
on charitable|activities||| |Wages and salaries
Rates and water
Repairs and maintenance
Other establishment
Legal and professional
fees
Other office costs
Depreciation
Contribution
to Lee Abbey Movement
Bank Charges||17,453
8,112
9,974
15,595
1,990
177
9,649
2,400
156|9,452
8,719
11,987
12,303
1,950
5,592
9,649
2,400
150| |||65,506|62,202| |Total expenditure||65,506|62,202| |Net income||16,783|10,548|