2022-03-31-accounts

Contents	Page
ReportoftheTrustees	2
lndependentExaminer's ReporttotheTrustees	7
StatementofFinancialActivities	8
BalanceSheet	9
Notesto theFinancial Statements	10

Date: 1 February 2023

		Unrestricted	U	nrestricted			2022	202L
	Note	GeneraI		Des¡Bnated	Restr¡cted	lindowment	Total	Total
		f		f	Ê	f	r	Ê
lneomefrom
eharitable aetivities:
TheDulwichEstate: Annual Payment	a-f	50,000					50,000	30,000
ContributionfromParish&Schools		8,862					8,862	6,854
lnvestments:
Rent receivable		T6,228					T6,228	14,000
lnvestmentincome		14,7LT					14,7LL	L2,67L
Donations	9				30s		305	50
Total lneome		89,80L			305		90,106	63,s75
Ëxpenditure on:
Charitable activities:
Maintenance ofChrist'sChapel
as aplaceof worship	2	68,452		11,630	336		80,418	109,946
Raisingfunds:
Rentedpropertycosts		r,695					1,695	4,738
Total Expenditure		70,L47		1r.,630	336		B2,tL3	Lr4,684
Net income/(expenditure) before
Gainsoninvestments		L9,654		(L1,630)	(31)		7 993	(s1,109)
Gainson ¡nvestments Net income	Ã	L9,654		(r.1,630)	(31)	_ _,Þq,q46 56,646	lq64q_ 64,639	4s,qz8 63,969
TransfersbetweenFunds	s,10,11_(??]p.6)			22,51,1,	_(3!rì
Net movement inFunds		(2,5s21		10,881"	(336)	56,646	64,639	63,969
Fund balancesbrought forward at1Aprìl		67,963		36,3r,9	6,386	624,828	735,496	671,,527
r:u¡rdhalancescarriedforwardat31"Mareh		*g!g+_	*Jåry& =:&Sg			Jg&K-.gggjfg,T::_ætr9L

Balance S	heetasat3L	March20	22
		2022		202L
	Note	Ê.	Ê	ç_	€
Fixed Assets	3		346,744		315,905
lnvestments	4		472,582		41,5,936
CurrentAssets
Debtors	5	1,6,251,		7,456
Cashatbank and ondeposit	6	20,767		46,947
		37,01,8		54,403
Less:CurrentL¡ab¡l¡t¡es
Creditors:amounts falling duein
lessthan one year	7	(s6,209)		(5O,748)
Net Current(Liabilities)/Assets			(19,191)		3,655
NetAssets			800,135		735,496
FinancedBy:
Permanent EndowmentFund:	8		681,474		624,828
RestrictedFundsl	9		6,050		6,386
UnrestrictedFund:	10		65,47L		67,963
Designated Fund:	'1,1,		47,200		36,319
			800,135		735,496

2	Hxpenditure				2022	202L
		Unrestrieted	Restrieted	Designated	Total	Total
		f	Ê	c	E	tL
	eharitable activity
	Maintenance ofChrist's Chapel
	asa placeforworship:
	Building runningcosts	31,,954			31.,954	26,3s0
	Repairsand maintenance
	CyclicaI			444	444	39,368
	Other	8,249			8,249	5,329
	DiocesanMinistryFund	1"2,285			L2,28s	1_1",965
	Depreciation		336	1"1",1,86	1"1",522	11.,522
	TheDulwichEstate recharge	7,733			7,733	7,467
	Governance costs
	TheDulwichEstate recharge	3,867			3,867	3,733
	lndependentExaminerfee	!,194_			___4,3_6_L	,-a,?t?
		68,452	336	11.,630	BO,41B	1,09,946
	TotaåËxpenditure	74,L47	336	11,630	82,LLs	114,684

Fixed Assets
	2022	202r
	f	€
Cost:
At1Apríl-	440,674	440,674
Add¡t¡ons inyear	42,361,
At31 March	483,035	44O,674
Depreciation:
AtlApril	1,24,769	1,L3,247
Chargeforyear	1,1",522	1,1,522
At 31March	L36,29t	L24,769
NetBookValue:
At 31March	346,744	31s,905

DepreciationonthePianoisbeing chargedonastraight li lnvestments	nebasisover20 yearsfromtJan2020	.
	2422	t^t1
	f	f
Summaryof Movementsduring the year:
lnvestments at market value1April	4I5,936	300,858
lnvestmentga¡n	56,646	LL5,O78
lnvestments at market value 31March	472,582	4L5,936

Holdings:	2022		202L
	Costor	Market	Costor	Market
	Book	Value	Book	Value
	Value		Value
EndowmentFund	f	f	r.	ç.
SchroderCharity EquityFund	321,,000	472,582	321,000	415,936
Total lnvestments	321,000	472,592	321,000	41s,936

		2022	2021
		r	f.
5	Debtors
	StBarnabasParish	L2,055	4,943
	Sundrydebtors	4,L96	,51'3
			,
		16,25X	7,456
6	eashatEankand on Deposit
	Cashatbank	20,767	1?,?:-l
		20,767	46,947
7	ereditors
	Tradecreditors	31,267	2,434
	The DulwichEstate	13,643	38,183
	Sundry accruals	1"r,299	1_0,L31"
		56,209	50,748
B	Fermanent ËndowmentFund
	BalanceatlApril	624,828	509,750
	Gainoninvestmentassets	56,646	___l,1Þ.qz_q_
	Balanceat 31 March	681,474	:*]3,W

9	RestrictedFunds	2022	2021
		f	f.
	Tha Flarnrr¡{ l/lrili Frrn¡l
	Balanceat1April	86	86
	Balanceat 3l- March	86	86
	Donations
	Balanceat1April	6,300	6,636
	Donations received duringtheyear	305	50
	Expenditureinyear	(336)	(336)
	TransfertoUnrestrictedFund	305	(s0)
	Balanceat 3L March	s,964	6,300
	Total	____9919_	____tt!g_

UnrestrictedFund
AccumulatedSurplus	2022	202L
	r_	f
Balanceat1Apr¡l	67,963	90,693
Netmovementinfundbefore transfers	19,654	(26e)
Nettransfers to otherfunds	(22,206|(22,461)
Balanceat 3LMarch
		---6'1,g63-

DesignatedFund
	Fixed		Cyclical
	Asset	Maintenance		Total
	2022		2022	2022	202t
	f		f.	f	r-
Balanceat1April	1,2,656		23,663	36,319	64,362
Donations
TransfersfromUnrestricted &RestrictedFunds	10,51"1		12,000	22,51,1,	22,57L
Expenditure in year	(i1,186)		(444)	(11,630)	(s0,ss4)
Balanceat 31March	___$,9q1		_Ð?19-	__4r,2ot	____ggÉ19_

ÅnaNysisofNet AssctsbetwcenFund	s
	Fixed		Inter-funcl	Neteurrent
	Assetslnvestments		loan	(Liabilities)/	Tntal
				Assets
	f,f		L	f	f
Permanent EndowmentFund	-	472,582	208,892		_þ!1,41!
Desígnated Fund
Fixed Asset Fund	340,780		(328,799|	11,981
CyclicalMaintenanceFund				35,219	_lÞ,?19
RestrictedFunds	5,964			86	6,050
UnrestrietedFund			1.L9,907	(s4,496)	65,41"1
	346,744472,582			(19,191)	800,135

2022	Unrestricted	Unrestricted	Restricted	Restricted	Designated	Endowment	Total
		f		f	f	f	E
lncome:
TheDulwichEstate:AnnualPayment		50,000					50,000
ContributionfromParish		8,862					8,862
Rent receivable		1,6,228					1,6,228
lnvestment income		14,711,					1,4,71,1
Donations				305			305
Expenditure:
Charitable activity	(7O,7471			(336)	(11,630)		(82,113)
	_19q!1__É1).				__!1,6191_		7,993
202L	Unrestricted		Restr¡cted		Designated	Endowment	Total
		f		f	f	f	f
lncome:
TheDulwichEstate:AnnualPayment		30,000					30,000
ContributionfromParish		6,854					6,854
Rent receivable		L4,000					14,OOO
lnvestment income		L2,677					1,2,671,
Donations				50			50
Expenditure:
Charitable activity	(63,7s4)			(336)	(s0,ss4)		(1.L4,684l
	::::	(26e1		(286)	(s0,ss4)		(51,109)