Wolborough Ecclesiastical Charity Annual Report Year Ended 31 December 2022 ## ## ## |Contents||Page| |---|---|---| |Reference and Administration
Details||| |Trustees'
Report||| |Independent
Examiner's
Report||| |Receipts and Payments
Account||| |Statement ofAssets and Liabilities||| |Non-Monetary
Assets held for investment|purposes|7-8| |Notes and Accounting
Policies||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Year Ended 31 Dec|embe|r 20|22|22|||| |---|---|---|---|---|---|---|---| ||||Permanent|||Year to|Yearto| ||||Endowment
Unrestricted|||31/12/2022|31/12/2021| ||||Notes|Fund|Fund|Total|Total| |Receipts||||6|K|6|| |Investment
Income receipts|||||||| |Dividends
and interest|||||59,113|59,113|61,386| |Rents|||||6,498|6,498|8,271| ||||||65,611|65,611|69,657| |Investment
sales (net ofcommission)||||294,722||294,722|431,517| |Total Receipts||||294,722|65,611|360,333|501,174| |Payments|||||||| |Grants paid|||2||60,000|60,000|71,250| |Clerk's salary and incidental||expenses|||5,560|5,560|2,586| |Independent
Examination|||||3,564|3,564|| |Stockbrokers fees||||17,167|132|17,299|17,556| |Insurance,
repairs and|legal|fees|||||| |Io rental
property|||||951|951|839| |||||17,167|70,207|87,374|92,231| |Investment
purchases|(net|ofcommission)||217,122||217,122|381,648| |Total Payments||||234,289|70,207|304,496|473,879| |Excess ofpayments|over receipts/||||||| |Net Receipts for the year before|||transfers|60,433|(4,596)|55,837|27,295| |Transfer between funds|||||||| |Excess ofpayments|over receipts/||||||| |Net Receipts for the|year|||60,433|(4,596)|55,837|27,295| |Cash and bank balances at 31 December 2021||||61,707|89,820|151,527|124,232| |Bank balances at 31|December||2022|122,140|85,224|207,364|151,527| ## ## |Year Ended 31 December 2022||| |---|---|---| ||31 December 2022|31December 2021| |Iylonetary Assets
Lloyds TSBCurrent Account
COIF deposit fund account
Stockbrokers
investment
account
Stockbrokers
surplus
income account
Stockbrokers
cumulative
income fund
Woollcombe Beer Watts' client account|8
48,926
29,066
122,140
4,195
1,265
1,772|8
54,463
29,067
61,707
4,210
898
1,182| ||207,364|151,527| |Split between:
Permanent
Endowment
Fund
General Purpose
Fund|122,140
85,224|61,707
89,820| ||207,364|151,527| |Debtors
Dividends
not banked
Rent|1,711
300|3,218
300| ||2,011|3,518| |Creditors amounts
falling due within one year:
Independent
examiners fees|1,824|3,564| |Grant payable - St Pauls and All Saints Church
Legal Fees||2,845| ||1,824|6,409| ## ## ## |ear Ended 31 December 2022
eld for investment
purposes||||||| |---|---|---|---|---|---|---| |Stocks and Shares held in the Permanent||Endowment||||| |Fund||||||| ||||Number||Number|| ||||Shares|Market|Shares|Market| ||||at|Value|at|Value| ||||31/12/2021|31/12/2021|31/12/2022|31/12/2022| |||||6||6| |Aberforth
SMLR Cos Ord GBP0.01|||2,600|38,064|2,600|34,372| |Admiral
Group Ord GBP0.001|||730|23,046|730|15,600| |Alcon AG CHFO 04|||650|42,531|650|36,895| |Apple Inc Com USD|||||190|20,522| |Applied
Materials
COM USD0.01|||600|69,701|370|29,956| |Ashtead
Group Ord GBPO.10|||1,500|89,130|1,740|82,128| |Asia Dragon Trust Ord GBPO.20|||7,950|40,227|7,950|32,754| |Biotech Growth TR Ord GBP0.25|||2,945|34,987|2,945|27,271| |Blackrock Throgmor
ORD GBP0.05|||3,400|33,150|3,400|20,162| |Croda INTL ORD GBP0.10357143|||753|76,204|753|49,728| |Diageo ORD GBX28.101/106|||1,550|62,558|1,550|56,575| |Deutsche Telekpm
NPV|||1,320|18,043|1,320|21,884| |Estee
I auder|||||150|30,952| |Fidelity European
Value ORD 25p|||40,750|138,754|31,340|100,131| |Fidelity UCITS ICA US|||13,755|94,480|13,755|92,382| |FIL Inv SVCS UK FID MB Income Gross Y||INC|64,131|64,964||| |First State Inv Stewart inv Asia Pacific Leaders B|||14,270|47,364|14,270|42,990| |Glaxosmithkline
ORD BP0.25|||3,290|52,857|2,632|37,838| |Henderson
Investment
EURP SMI R COS|I||1010|41,450||| |Haleon PLC ORD|||||3,290|10,770| |Hipgnosis
Songs Funds|||40,000|50,000|40,000|34,520| |HSBC Holdings
ORD USD0.50 (UK REG)|||5,666|25,421|5,666|29,220| |Ishares Core S&P 500 UCITS|||||1,930|61,048| |Ishares
II PLC USD TIPS UCITS ETF GBP||DIS|11,350|64,536|11,350|55,025| |Jackson Financial
Inc|||66|2,064||| |JLEN Environ
Ord NPV|||32,400|34,020|32,400|38,880| |J P Morgan American
IT ordinary 0.05p shares|||33,500|256,945|33,500|229,475| |J P Morgan Asian ITORD GBP 0.25|||20,000|90,100|20,000|72,800| |JP Morgan
Investment
Funds|||450|41,022|450|36,396| |JP Morgan US Equity|||31,000|46,221||| |Legal & General GP Ord FBPO.025|||9,440|28,084|9,440|23,553| |Lloyds Banking GP Ord GBP0.10|||37,355|17,860|37,365|16,967| |Maitland
Instl|||||57,400|53,566| |Mercantile
Investment
ORD GBP 0.25|||16,400|44,034|16,400|31,488| |Microsoft Corp Com|||||50|9,969| ## ## ## |Stocks and Shares held in the Permanent
E|ndowme|nt
Fund|||| |---|---|---|---|---|---| |||Number||Number|| |||Shares|Market|Shares|Market| |||at|Value|at|Value| |||31/12/2021|31/12/2021|31/12/2022|31/12/2022| ||||8||6| |Muzinich
Funds GBLTactical Cred G GBP DIS
National
Grid Ordinary
GBPO. 12431289
National
Grid Gas Pic IDX/LKD
SNR 14/12/2022||840
2,035
20,000|86,797
21,567
39,275|840
2,035|76,902
20,297| |GBP
Novartis
AG CHFO.50(REGD)
Polar Capital Fund GBLTech GBP I
Prudential
GBP0.05
Reckitt Benckiser Ordinary GBP0.10
Rio Tinto ORD GBP0.10||210
1,250
2,650
355
750|13,663
89,838
33,774
22,514
36,690|210
1,250
2,650
355
750|15,776
60,850
29,879
20,427
43,485| |Royal Dutch Shell 'B' Ordinary
EURO.07
Schroders VTG SHS GBP 1
Schroder
Unit TSTGBL
Schroder
Unit Trust TST Global Energy
Shell PLC
Sherwin-Williams
Com
Smiths Group Ordinary
Shares GBP0.375
Taylor Wimpey ORD GBP0.01
Templtn
Emg Mkt in ORD GBP 0.25
TR Property
INV TR ORD GBP 0.25
Twentyfour
AM Corporate Bond
I GBP DIS
UK (Govt of)4.125% IND/LKD SNR 22/07/30
UK (Govt of) 2.5% Index-Linked
17/07/24 GBP
Vanguard
Funds Pic S&P500 UCITS ETF Inc GBP
Vodafone Group Ord USD0.2095238||1,635
1,350
42,000
25,640
1,860
9,750
36,250
8,000
698
13,500
21,355
3,350
17,370|26,526
48,060
43,806
13,146
29,379
17,111
64,380
39,560
70,623
52,043
78,132
223,414
19,500|7,941
42,000
25,640
1,635
50
1,850
9,750
36,250
8,000
688
13,500
21,355
2,440
17,370|34,623
34,797
13,828
38,030
9,863
29,732
9,911
53,288
24,440
56,258
45,426
80,453
147,557
14,632| |WPP Pic Ord GBP0,10
Xtrackers MSCI Japan UCITS ETF 1C||1,920
611,599|105,821
2,843,436|1,920
554,075|98,314
2,394,585| |Stocks and Shares held in the Cumulative|Income|Fund|||| |UK (Govt of)4.125% I/L GILT 07/2030 GBP||5,300|20,647|5,300|18,052| |Value of25 Fairfield Terrace, Newton
Abbot||120,000||120,000|| ## ## ## ## ## |Grants|Paid|||| |---|---|---|---|---| ||||2022|2021| ||||6|6| |Newton|Abbot PCC||40,000|70,000| |Wolborough||School Roff Grant (paid to Devon County Council)|20,000|| |Milber|PCC|||1,250| ||||60,000|71,250| ##