2022-03-31-accounts

	Page
Report ofthe Trustees	1to3
Report ofthe Auditors	4to 6
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements	9to14
Detailed Statement of Financial Activities	15

						2022	2021
						Unrestricted	Unrestricted
						funds	funds
					Notes	E	E
INCOME AND ENDOWMENTS				FROM
Investment income						158	2
Other income						45,030	20,000
Total						45,188	20,002
EXPENDITURE ON
Property and professional			costs (2021 —net credit)		4	11,434	(6,652)
Charitable activities
Support costs						6,849	(935)
Total						18,283	(7,587)
						26,905	27,589
RECONCILIATION	OF	FUNDS
Profit on disposal	of	property				4,270,853
Write-off balance	due from
Christ Church, St Leonards			Old	Buildings Trust		(679,784)
NET INCOME						3,617,974	27,589
Total funds brought		forward				677,838	650,249
TOTAL FUNDS CARRIED FORWARD						4,295,812	677,838

				2022	2021
				Unrestricted	Unrestricted
				funds	funds
			Notes	f	f
FIXEDASSETS
Tangible assets
Investment property					180,000
					180,000
CURRENT ASSETS
Debtors: amounts	falling due within	one year	10	491	15,463
Debtors: amounts	falling due after more than
one year			10		679,784
Cash at bank				4,482,459	12,510
				4,482,950	707,757
CREDITORS
Amounts falling due within one year				(187,138)	(84,919)
NET CURRENT ASSETS				4,295,812	622,838
TOTAL ASSETS LESS CURRENT LIABILITIES				4,295,812	802,838
CREDITORS
Amounts falling due after more than		one year	12		(125,000)
NET ASSETS				4,295,812	677,838
FUNDS			13
Unrestricted funds				4,295,812	677,838

2.	INVESTMENT	INCOME	INCOME
					2022	2021
					E	E
	Deposit account		interest		158
	corn
3.	OTHER INCOME
					2022	2021
	Extension fees				45,000	20,000
	Sundry in	e			30
					45,030	20,000
4.	PROFESSIONAL		FEES
					2022	2021
					E	f
	Property costs				11,434
	Professional	fees (2021 —net		credit)		(6,652)
					11,484	(6,652)
5.	SUPPORT COSTS
					2022	2021
					E	E
	Management	costs			1,429	1,515
	Governance	costs:
	Accountancy				1,000	1,150
	Auditor's remuneration				2,400
	Administrator		costs		2,020	(3,600)
					6,849	(935)
6.	PROFIT ON DISPOSAL OF PROPERTY
	Sale of property		at Holmhurst,	St Mary
					2022	2021
					E	E
	Sale proceeds		(net)		4,450,853
	Book value				(180,000)
					4,270,853

Items on Loan
The Mother Agnes	Trust	has numerous			items	on loan to Tinsley		House	Chapel, the Chapel of	the Immigration
Centre at Gatwick	Airport. These			items, of		no significant	value	being	made of base metal,	are covered for
insurance purposes	by the contents			insurance		ofthe Chapel.
INVESTMENT PROPERTY
FAIR VALUE
At 1April 2021										180,000
Disposal										(180,000)
At 31March 2022
NET BOOK VALUE
At 31March 2022
At 31March 2021										180,000
DEBTORS
									2022	2021
									E	E
Amounts falling due	within one year:
Debtors										15,000
Prepayments and accrued		income							491	463
									491	15,463
Amounts falling due	after	more than		one year:
Loan to Christ Church, St Leonards			Old Buildings Trust re Old				Buildings			679,784

CREDITORS: AMOUNTS FALLING DUE WITHIN ON	E YEAR
	2022	2021
	E	E
Trade creditors	35,262	43,944
Otherloans	135,000
Other creditors	11,430	4,475
Accruals	5,446	1,500
Deferred income		35,000
	187,138	84,919

CREDIT	ORS:	AMOUNTS FALLING DUE AFTER	MORE THAN ONE YEAR
				2022	2021
				f	E
Other loans					125,000
MOVEMENT		IN FUNDS
				Net
				movement	At
			At 1.4.21	in funds	31.3.22
			E	E	E
Unrestricted		funds
General	fund		677,838	3,617,974	4,295,812
TOTAL	FUNDS		677,838	3,617,974	4,295,812

			Incoming	Resources	Movement
			resources	expended	in funds
			f	E	f
Unrestricted		funds
General	fund		4,316,041	698,067	3,617,974
TOTAL	FUNDS		4,316,041	698,067	3,617,974

Compar	atives	for movement in funds for th	e year ended 31March 2021
				Net
				movement	At
			At 1.4.20	in funds	31.3.21
				f	f
Unrestricted		funds
General	fund		650,249	27,589	677,838
TOTAL	FUNDS		650,249	27,589	677,838

		Incoming	Resources	Movement
		resources	expended	in funds
		f	f	f
Unrestricted	funds
General fund		20,002	(7,587)	27,589
TOTAL FUNDS		20,002	(7,587)	27,589

			2022	2021
			f	f
INCOME AND	ENDOWMENTS
Investment income
Deposit account		interest	158
Other income
Extension fees			45,000	20,000
Other income			30
Total incoming		resources	45,188	20,002
EXPENDITURE
Property costs			11,434
Professional fees				(6,652)
			11,434	(6,652)
Support costs
Management
Insurance			954	904
Loan interest			443	625
Telephone				(94)
Sundry expenses			32	80
			1,429	1,515
Governance	costs
Auditor's remuneration			2,400	1,150
Accountancy	fees		1,000
Administrator	costs		2,020	(3,600)
			6,849	(2,450)
Total resources	expended		18,283	(7,587)
			26,905	27,589
Profit on disposal			4,270,853
Loan write-off			(679,784)
			3,617,974	27,589