##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Endowment|Total|Total|
||||||fund|funds|funds|funds|
|||||Notes|||||
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations
and legacies|||||||||
|Investment
income|||||242,855||242,855|265,205|
|Total|||||242,855||242,855|265,205|
|EXPENDITURE ON|||||||||
|Raising funds|||||2,906||2,906|2,692|
|Charitable
activities|||||||||
|Restoration ofChichester||Cathedral|||281,000||281,000|1,196|
|Total|||||283,906||283,906|3,888|
|Net gains/(losses)
on|investments|||||1,419,139|1,419,139|~727,0883|
|NET INCOME/(EXPENDITURE)|||||(41,051)|1,419,139|1,378,088|(465,741)|
|RECONCILIATION|OF FUNDS||||||||
|Total funds brought|forward||||1,725,583|6,584,754|8,310,337|8,776,078|
|TOTAL FUNDS CARRIED FORWARD|||||1,684,532|8,003,893|9,688,425|8,310,337|
##
##
|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Endowment|Total|Total|
|||fund|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Investments||||||
|Investments|8|1,597,557|7,642,907|9,240,464|7,778,130|
|Deeds ofgift|9|-|365,000|365,000|365,000|
|||1,597,557|8,007,907|9,605,464|8,143,130|
|CURRENT ASSETS||||||
|Debtors
Cash at bank|10|3,040
89,039|~4,0)4)|3,040
85,025|1,920
169,415|
|||92,079|(4,014)|88,065|171,335|
|CREDITORS||||||
|Amounts
falling due within one year||(5,104)||(5,104)|(4,128)|
|NET CURRENT ASSETS||86,975|~40)4)|82,961|167,207|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||1,684,532|8,003,893|9,688,425|8,310,337|
|NET ASSETS||1,684,532|8,003,893|9,688,425|8,310,337|
|FUNDS|12|||||
|Unrestricted
funds||||1,684,532|1,725,583|
|Endowment
funds||||8,003,893|6,584,754|
|TOTAL FUNDS||||9,688,425|8,310,337|
##
||||2021|2020|
|---|---|---|---|---|
|||Notes|||
|Cash flows from operating
activities
Cash generated
from operations|||~284,050)|~3,093)|
|Net cash used
in operating|activities||~284,050)|~3,093)|
|Cash flows from investing|activities||||
|Purchase offixed asset investments|||(931,504)|(450,563)|
|Sale offixed asset investments|||888,309||
|Interest received|||10,100|8,258|
|Dividends
received|||232,755|256,947|
|Net cash provided
by/(used|in) investing|activities|199,660|~)85,358)|
|Change in cash and cash equivalents||in|||
|the reporting
period|||(84,390)|(188,451)|
|Cash and cash equivalents|at the||||
|beginning
ofthe reporting|period||169,415|357,866|
|Cash and cash equivalents|at the end|of|||
|the reporting
period|||85,025|169,415|
##
|OPERATING ACTIVITIE|S||||
|---|---|---|---|---|
||||2021|2020|
|Net income/(expenditure)|for the reporting|period (as per the|||
|Statement ofFinancial Activities)|||1,378,088|(465,741)|
|Adjustments
for:|||||
|(Gain)/losses
on investments|||(1,419,139)|727,058|
|Interest received|||(10,100)|(8,258)|
|Dividends
received|||(232,755)|(256,947)|
|Increase
in debtors|||(1,120)|(489)|
|Increase
in creditors|||976|1,284|
|Net cash used in operations|||(284,030)|~3,093)|
##
|ANALYSIS OF CHANGES
IN NET|FUNDS|||
|---|---|---|---|
||At 6.4.20|Cash flow|At 5.4.21|
|Net cash||||
|Cash at bank|169,415|~84,390)|85,025|
||169,415|~84,390)|85,025|
|Total|169,415|$84,390)|85,025|
##
##
##
##
##
##
##
##
|DONATIONS
AND|LE|G|ACIE|S||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|Other donations||||||||
|Gift aid||||||||
|Major donations
received|||to 5 April 2021|||||
|||||||As of||
|||||||5.4.2021|As of 5.4.2020|
|Ian Watt Legacy||||||100,000|100,000|
|Lewis and Jacqueline|Golden|||||250,100|250,100|
|Jeremy and Rona Smith||||||106,000|106,000|
|David and Mary Bowerman||||||250,000|250,000|
|Hans and Marit Rausing||||||129,870|129,870|
|The Ernest Kleinwort|Charitable|||Trust||225,000|225,000|
|Cecil Gordon Brown||||||200,000|200,000|
|Gloria Abbey||||||100,000|100,000|
|Ian Askew||||||100,000|100,000|
|Richard Tompkins||||||107,651|107,651|
|The Monument
Trust||||||100,000|100,000|
|Alan and Ann Bayne||||||102,841|102,841|
|Max and Caroline Egremont||||||100,000|100,000|
|Denise L Patterson||||||100,000|100,000|
|Terence and Rita Morrison-Scott||||||100,779|100,779|
|John and Jill Harris||||||91,042|91,042|
|Charles
Hunnisett||||||100,000|100,000|
|Christian
and Gabriel|Reed|||||100,000|100,000|
|The West Sussex County||Council||||100,000|100,000|
|Kathleen
Judd||||||100,000|100,000|
|Hugh
and Jane Wyatt||||||89,040|89,040|
|Michael Power||||||100,000|100,000|
|David and Prue Hopkinson|||via The Poling Charitable||Trust|379,230|379,230|
|Mary Frances Clare Feaver|||Legacy|||20,000|20,000|
|Patricia Routledge||||||25,000|25,000|
|Donald Buttress||||||10,000|10,000|
|||||||3,186,553|3,186,553|
|Deeds ofGift||||||||
|Verity Gunnery||||||100,000|100,000|
|Bryan and Tessa Pascoe||||||100,000|100,000|
|Patricia Routledge||||||75,000|75,000|
|Donald
and Eisa Buttress||||||90,000|90,000|
|||||||365,000|365,000|
|||||||3,551,553|3,551,553|
##
||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||Dividend
income||||||232,755|256,947|
||Deposit account interest||||||372|1,311|
||Investment|manager|refunds||||9,728|6,947|
||||||||242,855|265,205|
|4.|RAISING|FUNDS|||||||
||Investment|management|||costs||||
||||||||2021|2020|
||Investment|custody costs|||||2,871|2,692|
||Support costs||||||35||
||||||||2,906|2,692|
|5.|CHARITABLE ACTIVITIES COSTS||||||||
|||||||Grant|Support||
|||||||funding of|costs (see||
|||||||activities|note 5)|Totals|
||Restoration|ofChichester|||Cathedral|280,000|1,000|281,000|
|6.|SUPPORT|COSTS|||||||
|||||||||Management|
||Investment|management||costs||||35|
||Restoration|ofChichester|||Cathedral|||1,000|
|||||||||1,035|
||Support costs, included|||in|the above, are as follows:||||
|||||||Restoration|||
||||||Investment|of|2021|2020|
||||||management|Chichester|Total|Total|
||||||costs|Cathedral|activities|activities|
||Insurance|||||||54|
||Contribution|towards|administration|||1,000|1,000|1,000|
||Data protection
fee||||35||35|35|
||Trustees'
remuneration|||etc||||107|
||||||35|1,000|1,035|1,196|
##
##
|Trustees'
expenses|||
|---|---|---|
||2021|2020|
|Trustees'
expenses||107|
|FIXEDASSET INVESTMENTS|||
|||Listed|
|||investments|
|MARKET VALUE|||
|At 6th April 2020||7,778,130|
|Additions||931,504|
|Disposals||(833,316)|
|Revaluations||1,364,146|
|At 5th April 2021||9,240,464|
|NET BOOK VALUE|||
|At 5th April 2021||9,240,464|
|At 5th April 2020||7,778,130|
##
||||Market value|Market value|
|---|---|---|---|---|
||||at 5.4.2021|at 5.4.2020|
|EcCuit|Funds||||
|MkG|- Charifund|||752,384|
|Sarasin|Endowments|Class A|7,642,907|5,465,988|
|BlackRock Sterling||Liquid Fund - Accrued|1,597,557|1,559,758|
||||9,240,464|7,778,130|
##
##
|9.|DEEDSOFGIFT|DEEDSOFGIFT||||||
|---|---|---|---|---|---|---|---|
||Major donations
payable||on or before the death of||the donors|||
|||||||2021|2020|
||Verity Gunnery|||||100,000|100,000|
||Bryan and Tessa Pascoe|||||100,000|100,000|
||Patricia Routledge|||||75,000|75,000|
||Donald and Eisa Buttress|||||90,000|90,000|
|||||||365,000|365,000|
|10.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
|||||||2021|2020|
||Other debtors|||||3,040|1,920|
|11.|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||
|||||||2021|2020|
||Chichester
Cathedral|Restoration & Development|||Trust|4,413|3,413|
||Accruals
and deferred|income||||691|715|
|||||||5,104|4,128|
##
##
|MOVEME|NT IN FUN|DS||||||
|---|---|---|---|---|---|---|---|
|||||||Net||
|||||||movement|At|
||||||At 6.4.20|in funds|5.4.21|
|Unrestricted|funds|||||||
|Accumulated|Income Fund||||1,725,583|(41,051)|1,684,532|
|Endowment|funds|||||||
|Major donations|||||3,536,789||3,536,789|
|Other donations|||||176,753||176,753|
|Gift Aid|||||59,937||59,937|
|Investment|income||||830,365||830,365|
|Accumulated|realised gains/(losses)||on|||||
|investments|||||637,421|54,991|692,412|
|Accumulated|unrealised|gains/(losses)||on||||
|investments|||||1,343,489|1,364,148|2,707,637|
||||||6,584,754|1,419,139|8,003,893|
|TOTAL FUNDS|||||8,310,337|1,378,088|9,688,425|
||||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|---|
||||||resources|expended|losses|in funds|
|Unrestricted|funds||||||||
|Accumulated|Income Fund||||242,855|(283,906)||(41,051)|
|Endowment|funds||||||||
|Accumulated|realised gains/(losses)||on||||||
|investments|||||||54,993|54,993|
|Accumulated|unrealised|gains/(losses)||on|||||
|investments|||||||1,364, 146|1,364, 146|
||||||||1,419,139|1,419,139|
|TOTAL FUNDS|||||242,866|~283,906)|1,419,139|1,378,088|
##
|||||||Net||
|---|---|---|---|---|---|---|---|
|||||||movement|At|
||||||At 6.4.19|in funds|5.4.20|
|Unrestricted|funds|||||||
|Accumulated|Income Fund||||1,464,266|261,317|1,725,583|
|Endowment|funds|||||||
|Major donations|||||3,536,789||3,536,789|
|Other donations|||||176,753||176,753|
|Gift Aid|||||59,937||59,937|
|Investment|income||||830,365||830,365|
|Accumulated|realised gains/(losses)||on|||||
|investments|||||637,421||637,421|
|Accumulated|unrealised|gains/(losses)||on||||
|investments|||||2,070,547|~727,058)|1,343,489|
||||||7,311,812|727,058|6,584,754|
|TOTAL FUNDS|||||8,776,078|~465,741)|8,310,337|
|||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|
|||||resources|expended|losses|in funds|
|Unrestricted|funds|||||||
|Accumulated|Income Fund|||265,205|(3,888)||261,317|
|Endowment|funds|||||||
|Accumulated|unrealised|gains/(losses)|on|||||
|investments||||||(727,058)|(727,058)|
|TOTAL FUNDS||||265,205|~3,888)|~727,058)|~465,741)|
##
##
|||||||Net||
|---|---|---|---|---|---|---|---|
|||||||movement|At|
||||||At 6.4.19|in funds|5.4.21|
|Unrestricted|funds|||||||
|Accumulated|Income Fund||||1,464,266|220,266|1,684,532|
|Endowment|funds|||||||
|Major donations|||||3,536,789||3,536,789|
|Other donations|||||176,753||176,753|
|Gift Aid|||||59,937||59,937|
|Invesment
income|||||830,365||830,365|
|Accumulated|realised gains/(losses)||on|||||
|investments|||||637,421|54,991|692,412|
|Accumulated|unrealised|gains/(losses)||on||||
|investments|||||2,070,547|637,090|2,707,637|
||||||7,311,812|692,081|8,003,893|
|TOTAL FUNDS|||||8,776,078|912,347|9,688,425|
||||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|---|
||||||resources|expended|losses|in funds|
|Unrestricted|funds||||||||
|Accumulated|Income Fund||||508,060|(287,794)||220,266|
|Endowment|funds||||||||
|Accumulated|realised gains/(losses)||on||||||
|investments|||||||54,993|54,993|
|Accumulated|unrealised|gains/(losses)||on|||||
|investments|||||||637,088|637,088|
||||||||692,081|692,081|
|TOTAL FUNDS|||||608,060|~287,794)|692,081|912,347|
##
##
##
|||||2021|2020|
|---|---|---|---|---|---|
|INCOME AND ENDOWMENTS||||||
|Investment
income||||||
|Dividend
income||||232,755|256,947|
|Deposit account interest||||372|1,3I I|
|Investment
manager|refunds|||9,728|6,947|
|||||242,855|265,205|
|Total incoming
resources||||242,855|265,205|
|EXPENDITURE||||||
|Investment
management|||costs|||
|Investment
custody costs||||2,871|2,692|
|Charitable
activities||||||
|Grants to CCRDT||||280,000||
|Support costs||||||
|Management||||||
|Insurance|||||54|
|Contribution
towards||administration||1,000|1,000|
|Data protection
fee||||35|35|
|||||1,035|1,089|
|Governance
costs||||||
|Trustees'
expenses|||||107|
|Total resources expended||||283,906|3,888|
|Net (expenditure)/income|||before gains and|||
|losses||||(41,051)|261,317|
|Realised recognised|gains||and losses|||
|Realised gains/(losses)||on|fixed asset investments|54,993||
|Net income||||13,942|261,317|