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





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Date: 1 February 2023 



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|||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||<br>11,630|336||80,418|109,946|
|Raisingfunds:|||||||||
|Rentedpropertycosts||r,695|||||1,695|4,738|
|Total Expenditure||70,L47||<br>1r.,630|336||B2,tL3|Lr4,684|
|Net income/(expenditure) before|||||||||
|Gainsoninvestments||L9,654||(L1,630)|<br>(31)||7 993|(s1,109)|
|Gainson ¡nvestments<br>Net income|Ã|L9,654||(r.1,630)|(31)|_ _,Þq,q46<br>56,646|lq64q_<br>64,639|4s,qz8<br>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|<br>624,828|735,496|671,,527|
|r:u¡rdhalancescarriedforwardat31"Mareh||*g!g+_|*Jåry& =:&Sg|||_Jg&*K*_-.gggjfg,T::_ætr9L|||





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|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|




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|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|





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|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|



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|DepreciationonthePianoisbeing chargedonastraight li<br>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|





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|||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_|





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|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|<br>6,300|
||Total|____9919_|____tt!g_|



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|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-|



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|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_|





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|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|



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|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)|<br>(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)|<br>(s0,ss4)||(1.L4,684l|
||::::|(26e1||(286)|<br>(s0,ss4)||(51,109)|