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||ST.STEPHEN'5 HOUSE|ST.STEPHEN'5 HOUSE|ST.STEPHEN'5 HOUSE|(GLOUCESTER ROAD ) LIMITED|(GLOUCESTER ROAD ) LIMITED||
|---|---|---|---|---|---|---|
|STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING
INCOME AND||||||EXPENDITURE|
||ACCOUNT|FOR THE|YEAR ENDED||31,DECEMBER 2020||
||Company||Registration||number
-3892644||
|||||Note|Unrestricted|2019|
|INCOME|||||||
|Investment
income||||3.1|306,329|304,649|
||||||306,329|304,649|
|EXPENDITURE|||||||
|Expenditure
on Raising Funds||||4.1|89,229|63,109|
|Expenditure
on|Charitable
Activities|||4.2.3|197,273|115,016|
|Others||||4.3|0|749|
|TOTAL RESOURCES USED|||||286 502|178874|
|NET INCOME FOR THE YEAR Before investment|||||19,827|125,775|
||Revaluation|Gain|||||
|Net
Investment|Revaluation
Gain|||5.1|493,191|123,713|
|NET
INCOME|||||513,018|249,488|
|Transfer between|Funds:|||||0|
|NET MOVEMENT|IN FUNDS||||513,018|249,488|
|RECONCILIATION|OF FUNDS:||||||
|BALANCE BROUGHT FORWARD|||||5,201,217|4951729|
|BALANCE CARRIED FORWARD|||||5,714,235|5 291217|
||||Note|||||E|
|---|---|---|---|---|---|---|---|---|
|FIXEDASSETS|||||||2019||
|||||unrestricted|||||
|Tangible Assets|||7.1||||||
|Investments|||7.2|5,336,658|||4,843,468||
|Total Fixed Assets||||5,336,658|||4 843,448||
|CURRENT ASSETS|||||||||
|Debtors|||8|39,592||||12,179|
|Bank and cash balances|||9|358366||||367,475|
|||||397,958||||379,654|
|CREDITORS: Amounts|falling||||||||
|due within one year|||10|20381||||21,905|
|TOTAL NET CURRENT|ASSETS|||~377577||||357,749|
|TOTAL ASSETSLESSCURRENT|||||||||
|LIABILITIES||||5714235|||5,201,217||
|TOTAL ASSETS||||~5714235|||~5201 217||
|FUNDS|||||||||
|Unrestricted
Funds|||11.1|5 714235|||5,201,217||
|TOTAL FUNDS||||5714235|||8,281 212||
|The notes to the financial|statements||form an|integral
part ofthese||financial|statements.||
|Approved
by the Directors and||Trustees on||Z.L"|'J|.~|||
|and signed on their behalf by:|||||||||
|JAMES EDWARD DATM|||||||ROSS EGERTON||
|Director / Trustee|||||||Director / Trustee||
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|||ST.STEPHEN'S HOUSE ( GLOUCESTER ROAD ) LIMITED|ST.STEPHEN'S HOUSE ( GLOUCESTER ROAD ) LIMITED|ST.STEPHEN'S HOUSE ( GLOUCESTER ROAD ) LIMITED|ST.STEPHEN'S HOUSE ( GLOUCESTER ROAD ) LIMITED||
|---|---|---|---|---|---|---|
|||NOTES TO THE FINANCIAL||STATEMENTS|FOR THE YEAR ENDED 31,DECEMBER 2020||
||||||( continued|)|
|3INCOMING
RESOURCES||||||2019|
|||||||Unrestricted|
|||||||Funds|
|3.1|Investment
income||||||
|||Rental Income|||245,000|240,928|
|||Service Charges|||61,283|63,669|
|||Bank Interest Received|||46|52|
||||||308,329|304,649|
|4 RESOURCES EXPENDED|||||||
|||||||2019|
||||||Unrestricted|Unrestricted|
||||||Funds|Funds|
|4.1|EXPENDITURE ON RAISING||FUNDS|||E|
|||Property Repairs and|Maintenance||26,655|14,195|
|||Property
Insurance|||14,946|12,146|
|||Property
Light and Heat|||12,388|9,688|
|||Property Cleaning|||6,640|6,480|
|||Management
Fee|||20,000|20,000|
|||Property
Consultancy|Charges||8,000|0|
|||Accountancy
Fees|||600|600|
||||||89,229|63,109|
|4.2|EXPENDITURE ON CHARITABLE ACTIVITIES||||||
|4.2.1||DIRECT SPENDING||||2019|
|||Grants
and Donations|||189008|100000|
|4.2.2||SUPPORT FOR CHARITABLE|||||
|||ACTIVITIES|||||
|4.2.2.2||Governance costs|||||
|||Audit Fees|||3,000|3,000|
|||Accountancy
Fees|||2,750|2,750|
|||Professional
Fees|||1,495|9,166|
|||Bank Charges|||77|74|
||||||7322|~14990|
||||ST.STEPHEN'S HOUSE ( GLOUCESTER ROAD ) LIMITED|ST.STEPHEN'S HOUSE ( GLOUCESTER ROAD ) LIMITED|ST.STEPHEN'S HOUSE ( GLOUCESTER ROAD ) LIMITED|ST.STEPHEN'S HOUSE ( GLOUCESTER ROAD ) LIMITED|ST.STEPHEN'S HOUSE ( GLOUCESTER ROAD ) LIMITED|ST.STEPHEN'S HOUSE ( GLOUCESTER ROAD ) LIMITED||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||NOTES TO THE|||FINANCIAL|||STATEMENTS|FOR THE YEAR ENDED|31,DECEMBER||2020|
||||||||||( continued|)||
||||||||||||2019|
|||||||||Unrestricted||Unrestricted||
|||||||||Funds|||Funds|
|4.2.2.3|Others|||||||||||
||Other|Repairs||||||798|||0|
||Post, Print and Stationery|||||||132|||0|
||Company
Secretarial||||costs|||13|||26|
|||||||||943|||26|
|4.2.3|SUMMARY||OF EXPENDITURE ON CHARITABLE ACTIVITIES|||||||||
||Direct|Spending||||||189,008||100,000||
||Support for||charitble||activites|||||||
||||Governance|||||7,322||14,990||
||||Others|||||943|||26|
|||||||||~197273||115016||
|4.3 OTHER||||||||||||
||Sundry|Expenses|||||||||749|
|5 REVALUATION||GAINS||||||||||
||On Material||Investment|||Holdings||68,191||123,713||
||On Long Leasehold|||Property||||425 000||||
||Total|||||||4~93191||123713||
|6.GRANTS|PAID||||||||||2019|
|||||||||Grants to||||
|||||||||institutions||||
|Forthe year|ended|31,|December||2020|||189008||100000||
##
|Balance as|at 1 January 2020 &31,December 2020|at 1 January 2020 &31,December 2020||~11320|
|---|---|---|---|---|
|DEPRECIATION|||||
|As at 1 January 2020 &31,December2020||||11320|
|NET BOOK|VALUE||||
|As at 31 December 2020|||||
|As at 31 December 2019|||||
|7.2 FIXED|ASSET INVESTMENTS||||
|COST OR VALUATION|||||
|||Land and|Material|TOTAL|
|||Buildings|Investment||
||||Holdings||
|Balance as|at 1 January 2020|4,175,000|668,468|4,843,468|
|Revaluation|Surplus|425 000|68190|493190|
|Balance as|at31,December 2020|4600 000|7~6658|5 336658|
|7.3 INCOME FROM MATERIAL INVESTMENT HOLDINGS|||||
|||Market||Income for|
|||value||the year.|
|||at 31/12/2020|||
|Investment|Property|4,600,000||306,283|
|Material
Investment
Holdings||736658||46|
|TOTAL||5336658||3~06329|
|7.4 MATERIAL INVESTMENT HOLDINGS|||||
|Investments|in CBFChurch of England|Investment
Fund|||
||Investment
held|||14816.65|
||Market Value per share at|31,December 2020.||4~971.83|
|future impact that Covid-19 might have on the real
the basis of"material valuation
uncertainty"
in line|estate market, the valuation
was re
with
RICS guidance.|ported
on|
|---|---|---|
|||2019|
||Unrestricted|Unrestricted|
|8.DEBTORS|||
|Sundry Debtors|~39592|~12179|
|9.BANK AND CASH BALANCES|||
|Scottish Widows Bank|20,863|20,816|
|CAF Current Account|337503|346659|
||~358366|367475|
##
|10.CREDITORS: A|mounts
falling du|e|within one|year|||
|---|---|---|---|---|---|---|
|||||||2019|
||||||Unrestricted|Unrestricted|
|VAT Liability|||||12,781|16,305|
|Accruals|||||7 600|5600|
||||||~20381|21905|
|11 FUNDS|||||||
|11.1.UNRESTRICTED FUNDS|||||2020|2019|
|Balance|Brought Forward||||5,201,217|4,951,729|
|Incoming|Resources||||306,329|304,649|
|Resources Expended|||||-286,502|-178,874|
|Net Gain|on Investments|Revaluation|||68,191|123,713|
|Net Gain|on Long Leasehold||property|revaluation|425 000|0|
|Balance|Carried Forward||||5 714255|5251217|
|Unrestricted
funds represent|||funds which|are expendable|at the discretion of|the|
|Company|in the furtherance||of its objects and which have||not been designated|for|
|other purposes.||||||page 19|
|||ST.|STEPHEN'S|HOUSE ( GLOUCESTER|HOUSE ( GLOUCESTER|ROAD ) LIIVIITED|||
|---|---|---|---|---|---|---|---|---|
||NOTES|TO THE FINANCIAL STATEMENTS|||FOR THE YEAR ENDED 31,DECEMBER||2020||
|||||||( continued|)||
|12|DETAILS OF CERTAIN ITEMS OF EXPENDITURE||||||||
|||||||2020||2019|
||Audit Fees|||||3,000||3,000|
||Accountancy
Fees|||||3350||3350|
|||||||6350||~6350|
|13|PAID EMPLOYEES||||||||
||Salaries|and Wages|||||||
||National|Insurance|and Pension|Contribuions||0|||
||Average|number of|employees||||||
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