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2021-08-31-accounts

TRUSTEES Mr R Coy
Rt Rev S Groves Chairman
Ms N Hancock Chairman (resigned 20.5.21)
Ms J Mallinson (deceased 20.8.21)
Mrs J Morten
Mrs JSeaton (appointed 19.11.20)
Mr G Seaton (appointed 19.11.20)
PRINCIPAL ADDRESS 5 Muswell
Hill
London
N10 3TJ
REGISTERED CHARITY NUMBER 1082306

2021 2020
Unrestricted Endowment Total Total
Notes fund funds
E		 funds
f		 funds
INCOME AND ENDOWMENTS FROM
Investment
income		 362,464 362,464 371,256
EXPENDITURE ON
Raising funds 34,370 34,370 32,606
Charitable
activities
Grants payable 315,562 315,562 324,564
Other 12,532 12,532 14,086
Total 362,464 362,464 371,256
Net gains/(losses)
on		 investments 1,084,447 1,084,447 ~548.899i
NET INCOME/(EXPENDITURE) 1,084,447 1,084,447 (543,899)
RECONCILIATION
OF FUNDS
Total funds brought forward 11,179,619 11,179,619 11,723,518
TOTAL FUNDS CARRIED FORWARD 12,264,066 12,264,066 11,179,619

2II21 2020
Nates L' E
FIXEOASSETS
Investments
Investments 9 117427+75 1D,26tl,794
Car3csssiar3ery
Laen		 10 358702 357545
11,73S,777 10,638,339
CVRRENT ASSETS
Debtors
Cash in hand		 11
12		 17,245
~550
6		 49,823
593,412
N$,732 643,235
CREDITORS
Amourrte
feling duSI within ane yeer		 t86.$61) t94,615)
NET CURRR4T A88ET8 920 581 S40620
TOTAL ASSETSLESSCURRENT
LIAII IT%S 12,25$,358 11,186,959
PROVlSKNS FOR LIABILITIES (1,292) (7,340)
NET ASSETS 18204066 11.179619
FVHIM
Endowment
funds
Capital Auxwnt
Investment
Reveiemtlan
Acccwnt		 1lt,1IMI,177
~1~ SS9		 10,116,2M
1.063.361
12264060 11170619
TOTAL FUNNY 11~'.6~Olt8 11,1lfl,61a

2. INVESTMENT INCOME INVESTMENT INCOME
2021f 2020
E
Income from listed investments 355,385 362,077
Deposit account interest 39 645
Concessionary Loan Interest 7,040 8,534
362,464 371,256
3. RAISING FUNDS
Investment
management		 costs
2021 2020
E
Investment
brokers charges		 34,370 32,606
4. CHARITABLE ACTIVITIES COSTS
Grant
funding
of
activities
(see note
5)
Grants payable 315,562
5. GRANTS PAYABLE
2021 2020
F F
Grants payable 315,562 324,564
The total grants paid to institutions during the year was as follows:
2021 2020
F F
British Province ofthe Moravian Church 315,062 324,064
Gracehill
Church and its dependencies		 500 500
315,562 324,564

Governance
costs
Other resources expended 12,532
Support costs, included in the above, are as follows:
2021 2020
Support Support
Costs
f		 Costs
Trustees' remuneration etc 706
Auditors' remuneration 5,280 5,160
Trustees' Indemnity
Insurance		 601 592
Accountancy
and legal		 fees 6,540 7,540
Bank charges 111 88
12,532 14,086

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL FOR THE STATEMENT OF FINANCIAL FOR THE STATEMENT OF FINANCIAL FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Endowment Total
fund funds funds
E F
INCOME AND ENDOWMENTS FROM
Investment
income		 371,256 371,256
EXPENDITURE ON
Raising funds 32,606 32,606
Charitable
activities
Grants payable 324,564 324,564
Other 14,086 14,086
Total 371,256 371,256
Net gains/(losses) on investments ~543.899) ~543.899)
NET INCOME/(EXPENDITURE) (543,899) (543,899)
RECONCILIATION OF FUNDS
Total funds brought forward 11,723,518 11,723,518
TOTAL FUNDS CARRIED FORWARD 11,179,619 11,179,619
9. FIXEDASSET INVESTMENTS
Listed
investments
MARKET VALUE
At 1 September 2020 10,280,794
Additions 1,147,701
Disposals (1,085,867)
Revaluations 1,084,447
At 31 August 2021 11,427,075
NET BOOK VALUE
At 31 August 2021 11,427,075
At 31 August 2020 10,280,794
There were no investment assets outside the UK.

2021 2020
F f
Analysis of quoted investments by asset class
British Government Stocks 180,771
Other Fixed Interest Stocks 1,349,863 1,119,814
Equities 6,150,584 5,160,641
The Charities Property
Fund		 3,926,626 3,819,568
Total Market Value 11,427,073 10,280,794
The following investmen ts
individually		 represent 5%or mo re ofthe total holding
ofthe Trust:
Number
of		 Market
units/ Value
nominal 31 August
value 2021
No. F
The Charities Property Fund Common inv fund 3,112,171 3,926,626
Cost or va luation
at 31 August 2021 is represented		 by:
Listed
investments
Valuation in 2021 11,427,075
Historical Cost 2021 2020
E F
At the end ofthe year 9,271,185 9,217,431

CONCESSI ONARY LOAN
2021 2020
E
Balance at the beginning
ofthe year		 357,544 404,893
Repayments during the year (55,882) (55,882)
Interest receivable for year 7,040 8,533
Balance at the end ofthe year 308,702 357,544
2021 2020
Repayable within 12months 49,878 48,842
Repayable outside 12 months 258,824 308,702
308,702 357,544

DEBTO RS:AMO UNTS
FALLING DUE WITHIN ON		 E YEAR
2021 2020
E
Pre payments
Accrued income-		 481 450
Charities Property Fund 27,161 23,851
Accrued Income-
Other Investments 19,604 25,522
47,246 49,823

12. CASH IN HAND
2021 2020
Total Total
funds funds
F E
On deposit account 184,320 230,198
On current account 1,000 1,000
On premium
account		 383,166 362,214
Total 568,486 593,412
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021
f		 2020
E
Gracehill
Moravian		 Church 500 500
Bank charges 30 28
Professional
charges accrued		 14,511 14,067
Moravian
Union		 71,110 80,020
86,151 94,615
14. PROVISIONS FOR LIABILITIES
2021 2020
F
Pension
provision		 1,292 7,340

ANALY SIS OF NET AS SETS BETWE EN FUNDS
2021 2020
Unrestricted Endowment Total Total
fund funds funds funds
F F F F
Investments 11,735,777 11,735,777 10,638,339
Current
Current
Provision		 assets
liabilities
for liabilities		 615,732
(86,151)
~1,292)		 615,732
(86,151)
~1,292)		 643,235
(94,615)
~7,340)
12,264,066 12,264,066 11,179,619
MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.9.20 in funds funds 31.8.21
F
Endowment funds
Capital Account 10,116,258 51,726 (59,807) 10,108,177
Investment
Revaluation		 Account 1,063,361 1,032,721 59,807 2,155,889
11,179,619 1,084,447 12,264,066
TOTAL FUNDS 11,179,619 1,084,447 12,264,066

Net mo veme nt
in funds,		 included
in the		 above are as follow s:
Incoming Resources Gains and Movement
resources expended losses in funds
F F
Unrestricted funds
General fund 362,464 (362,464)
Endowment funds
Capital Account 51,726 51,726
Investment Revaluation Account 1,032,721 1,032,721
1,084,447 1,084,447
TOTAL FUNDS 362,464 ~362,464) 1,084,447 1,084,447

Comparativ es
for mov		 ement
in fund		 s
Net Transfers
movement between At
At 1.9.19 in funds funds 31.8.20
F F
Endowment funds
Capital Account
Investment
Revaluation		 Account 10,179,918
1,543,600		 (92,203)
~451,696)		 28,543
~28,543)		 10,116,258
1,063,361
11,723,518 ~543,899) 11,179,619
TOTAL FUNDS 11,723,518 ~543,899) 11,179,619
Compar ative net movem ent
in funds,
inc		 luded
in the above		 are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
F F F
Unrestricted funds
General fund 371,256 (371,256)
Endowment funds
Capital Account (92,203) (92,203)
Investment Revaluation Account ~451.696) ~451.696)
(543,899) (543,899)
TOTAL FUNDS 371,256 (371,256) (543,899) (543,899)

2021 2020
INCOME AND ENDOWMENTS
Investment
income
Income from listed investments 355,385 362,077
Deposit account interest 39 645
Concessionary
Loan Interest		 7,040 8,534
362,464 371,256
Total incoming
resources		 362,464 371,256
EXPENDITURE
Investment
management		 costs
Investment
brokers charges		 34,370 32,606
Charitable
activities
Grants to institutions 315,562 324,564
Support costs
Governance costs
Trustees' expenses 706
Auditors'
remuneration		 5,280 5,160
Trustees'
Indemnity
Insurance		 601 592
Accountancy
and legal fees		 6,540 7,540
Bank charges 111 88
12,532 14,086
Total resources expended 362,464 371,256
Net income before gains and losses
Net gains/(losses)
on investments
Net gains/(losses)
on investments		 1,084,447 )543,899)
Net income/(expenditure) 1,084,447 )543,899)