|TRUSTEES||Mr RCoy||||
|---|---|---|---|---|---|
|||Rt Rev SGroves||Chairman||
|||Mrs J Morten|(resigned||25.11.21)|
|||Mrs JSeaton||||
|||Mr G Seaton||||
|||Ms Z Taylor (appointed|||24.5.22)|
|||Mr J Hancock|(appointed||24.5.22)|
|PRINCIPAL ADDRESS||5 Muswell<br>Hill||||
|||London||||
|||N10 3TJ||||
|REGISTERED CHARITY No.||1082306||||
|INDEPENDENT|AUDITORS|Knox Cropper|LLP|||
|||Chartered<br>Accountants|||and Statutory Auditors|
|||65-68 Leadenhall||Street||
|||London||||
|||EC3A 2AD||||
|INVESTMENT MANAGERS||Brewin Dolphin||||
|||12Smithfield|Street|||
|||London||||
|||EC1A 9LA||||
|BANKERS||CAF Bank Ltd||||
|||25 Kings Hill Avenue||||
|||Kings Hill||||
|||West Mailing||||
|||ME194JQ||||
|CLERKTO THE TRUSTEES||Ms. L Newens||||





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||||Unrestricted|Endowment|2022<br>Total|2021<br>Total|
|---|---|---|---|---|---|---|
|INCOME AND ENDOWMENTS|FROM|Notes|fund|funds|funds<br>8|funds<br>6|
|Investment<br>income||2|388,586||388,586|362,464|
|EXPENDITURE ON|||||||
|Raising funds||3|37,883||37,883|34,370|
|Charitable<br>activities<br>Grants payable||4|334,455||334,455|315,562|
|Other|||16,248||16,248|12532|
|Total|||388,586||388,586|362464|
|Net gains/(losses)<br>on investments||||~14),858)|~44),855)|1,884,441|
|NET INCOME/(EXPENDITURE)||||(141,859)|(141,859)|1,084,447|
|RECONCILIATION<br>OF FUNDS|||||||
|Total funds brought<br>forward||||12,264,066|12,264,066|11,179,619|
|TOTAL FUNDS CARRIED FORWARD||||12,122,207|12,122,207|12,264,066|
|CONTINUING<br>OPERATIONS|||||||
|Ail income and expenditure<br>has arisen from||continuing|activities.||||





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||||2022|2021|
|---|---|---|---|---|
|||Notes|8||
|FIXEDASSETS|||||
|Investments|||||
|Investments||9|11,408,638|11,427,075|
|Concessionary|Loan|10|258,824|308,702|
||||11,687,462|11,735,777|
|CURRENT ASSETS|||||
|Debtors||11|63,499|47,246|
|Cash in hand||12|464,027|568,486|
||||527,526|615,732|
|CREDITORS|||||
|Amounts<br>falling|due within one year|13|(72,781)|(86,151)|
|NET CURRENT|ASSETS||454745|529.581|
|TOTAL ASSETS LESSCURRENT|||||
|LIABILITIES|||12,122,207|12,265,358|
|PROVISIONS FOR LIABILITIES||14||(1,292)|
|NET ASSETS|||12,122,207|12,264066|
|FUNDS||16|||
|Endowment<br>funds:|||||
|Capital Account|||10,277,364|10,108,177|
|Investment<br>Revaluation<br>Account|||1 844,042|2.100.889|
||||12,122207|12264,066|
|TOTAL FUNDS|||12,122,207|12,264,066|





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|3.|RAISING|FUNDS|FUNDS|FUNDS||||||
|---|---|---|---|---|---|---|---|---|---|
||Investment||management||costs|||||
|||||||||2022|2021|
||||||||||F|
||Investment||brokers charges|||||37,883|34,370|
|4.|CHARITABLE ACTIVITIES COSTS|||||||||
||||||||||Grant|
||||||||||funding<br>of|
||||||||||activities|
||||||||||(see note|
||||||||||5)|
||||||||||F|
||Grants payable||||||||334,455|
||GRANTS||PAYABLE|||||||
|||||||||2022|2021<br>f|
||Grants payable|||||||334,455|315,562|
||The total grants|||paid to institutions|||during the year was as follows:|||
|||||||||2022<br>8|2021f|
||British Province|||ofthe Moravian||Church||333,955|315,062|
||Gracehill|Church and its|||dependencies|||500|500|
|||||||||334,455|315,562|





|6.|SUPPORT COSTS|SUPPORT COSTS|SUPPORT COSTS|- continued|- continued|||
|---|---|---|---|---|---|---|---|
||Support|costs, included|||in the above, are as follows:|||
|||||||2022|2021|
|||||||Other||
|||||||resources|Total|
|||||||expended|activities|
|||||||6|8|
||Trustees'|remuneration|||and expenses|300||
||Pensions|||||4,876||
||Auditors'|remuneration||||5,280|5,280|
||Trustees'|Indemnity||Insurance||631|601|
||Accountancy||and legal||fees|5,040|6,540|
||Bank charges|||||121|111|
|||||||16,248|12,532|



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||||Unrestricted|Endowment|Total|
|---|---|---|---|---|---|
||||fundf|funds<br>f|funds<br>6|
|INCOME AND ENDOWMENTS||FROM||||
|Investment|income||362,464||362,464|
|EXPENDITURE ON||||||
|Raising funds|||34,370||34,370|
|Charitable|activities|||||
|Grants payable|||315,562||315,562|
|Other|||12,532||12532|
|Total|||362464||362,464|
|Net gains|on investments|||1,084,447|1,084,447|





||COMPARATIVES FOR|COMPARATIVES FOR|COMPARATIVES FOR|THE STATEMENT OF FINANCIAL|THE STATEMENT OF FINANCIAL|THE STATEMENT OF FINANCIAL|ACTIVITIES|-continued||
|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Endowment|Total|
||||||||fund|funds|funds|
|||||||||f||
|||||||||1,084,447|1,084,447|
||RECONCILIATION|OF||FUNDS||||||
||Total funds brought||forward|||||11,179,619|11,179,619|
||TOTAL FUNDS CARRIED||||FORWARD|||12,264,066|12,264,066|
|9.|FIXEDASSET INVESTMENTS|||||||||
||||||||||Listed|
||||||||||investments|
||||||||||f|
||MARKET VALUE|||||||||
||At 1 September 2021||||||||11,427,075|
||Additions||||||||1,903,348|
||Disposals<br>Revaluations||||||||(1,779,926)<br>~141,559)|
||At 31August 2022||||||||11,408,638|
||NET BOOK VALUE|||||||||
||At 31 August 2022||||||||11,408,638|
||At 31 August 2021||||||||11,427,075|
||There were no investment||||assets|outside the UK.||||
|||||||||2022f|2021f|
||Analysis ofquoted|investments||||by asset class||||
||Other Fixed interest|Stocks||||||966,836|1,349,663|
||Equities|||||||5,670,098|6,150,586|
||The Charities<br>Property|||Fund||||4,771,704|3,926,626|
||Total Market Value|||||||11,408,638|11,427,075|





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||||||||||Number of|Market|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||units/|Value|
||||||||||nominal|31 August|
||||||||||value|2022|
||||||||||No.|5|
||The Charities<br>Property<br>Fund||||Common||inv fund||3,192,292|4.771,794|
||Cost or valuation||at|31 August 2022 is represented||by:||||Listed|
|||||||||||investments|
|||||||||||8|
||Valuation<br>in|2022||||||||11,408,638|
||Historical Cost||||||||2022<br>8|2021|
||At the end ofthe||year||||||9563794|,9,271,135|
||The above quoted||investments||are dealt with on a|recognised||stock|exchange.||
|10.|CONCESSIONARY|||LOAN|||||||
||||||||||2022|2021|
||||||||||8|5|
||Balance at the beginning<br>ofthe year<br>Repayments<br>during the year<br>interest receivable for year||||||||308,702<br>(55,882)<br>6,004|357,544<br>(55,882)<br>7,040|
||Balance at|the end||of the year|||||258,824|308,702|
||||||||||2022|2021|
||Repayable<br>Repayable|within 12months<br>outside 12months|||||||55,229<br>203,595|49,878<br>258,824|
||||||||||258,824|308,702|





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|11.|DEBTORS:AMOUNTS|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|---|
|||||2022|2021|
||Prepayments<br>Accrued income-|||6<br>481|481|
||Charities<br>Property<br>Accrued Income-|Fund||29,471|27,161|
||Other Investments|||33,547|19,604|
|||||63499|47,246|
|12.|CASH IN HAND|||||
|||||2022|2021|
|||||Total|Total|
|||||funds|funds|
||On deposit account<br>On current account<br>Cash held by Investment||Manager|6<br>288,132<br>1,000<br>174,895|5<br>184,320<br>1,000<br>383,166|
||Total|||464 027|568,486|
|13.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
|||||2022|2021|
||Gracehill<br>Moravian<br>Church<br>Bank charges<br>Professional<br>charges accrued<br>Moravian<br>Union|||6<br>30<br>12,628<br>60,123|6<br>500<br>30<br>14,511<br>71,110|
|||||72,781|86,151|
|14.|PROVISIONS FOR|LIABILITIES||||
|||||2022|2021|
||Pension<br>provision|||8|2<br>1,292|



|The mo|vement<br>in the|Pension<br>Provision<br>for the period wa|s as follows:||
|---|---|---|---|---|
||||2022|2021|
||||6|8|
|Opening<br>Pension|Liability at 1 <br> costs charged|September 2021<br>during the year|1,292<br>~1,292|7,340<br>~6,048|
|Closing|Liability at 31|August 2022||1,292|





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|ANALYSIS|OF NET AS|SETSBETW|EEN FUNDS||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||Unrestricted|Endowment|Total|Total|
||||fund<br>f|funds<br>f|funds<br>f|funds<br>f|
|Investments||||11,667,462|11,667,462|11,735,777|
|Current assets||||527,526|527,526|615,732|
|Current<br>liabilities<br>Provision for liabilities||||(72,781)|(72,781)|(86,151)<br>~1292)|
|||||12122207|12,122207 ,|12,264,060|
|MOVEMENT|IN FUNDS||||||
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.9.21<br>f|in funds<br>f|funds<br>f|31.8.22<br>f|
|Endowment|funds||||||
|Capital Account<br>Investment<br>Revaluation||Account|10,108,177<br>2,155,089|26,735<br> ~160,094)|142,452<br> ~142,402)|10,277,364<br>1,844,843|
||||12.284,066|~141,009)||12,122,207|
|TOTAL FUNDS|||12,204,066|~141,050)||12,122,207|



## 

|Net moveme|nt<br>in funds,|included<br>in the|above are as follo|ws:|||
|---|---|---|---|---|---|---|
||||Incoming|Resources|Gains and|Movement|
||||resources<br>f|expended<br>f|losses<br>f|in funds<br>f|
|Unrestricted|funds||||||
|General fund|||388,586|(388,586)|||
|Endowment|funds||||||
|Capital Account|||||26,735|26,735|
|Investment|Revaluation|Account|||(168,594)|{168,594)|
||||||~141,859|~141,859|
|TOTAL FUNDS|||~388586|~388,586|(141,859)|~141859)|





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|Comparativ|es<br>for mov|ement<br>in fund|s||||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.9.20|in funds|funds|31.8.21|
|||||6|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|



|Compara|tive|net movem|ent<br>in funds, in|cluded<br>in the abo|ve are as follows|:||
|---|---|---|---|---|---|---|---|
|||||Incoming|Resources|Gains and|Movement|
|||||resources<br>6|expended<br>F|losses<br>6|in funds<br>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|||362,484|~362,4643|1,084,447|1.084,447|



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