OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

Reference and Administrative Reference and Administrative Details
Trustees Report 2to9
Independent
Auditors'		 Report 10to 13
Statement of Financial Activities
Balance Sheet 15
Notes to the Financial Statements 16to 33

Chairman Mrs Deborah
Mitchell		 (Chair)
Charity Registration Number 1097774
Company Registration Number 0575567
Trustees Mr Peter Berry
Dr Emma Carlyon
The Revd Derek Collins
Ms Christine
Lidgley
Mrs Deborah
Mitchell		 (Chair)
Mr John Mitchell OBE
The Revd Jeffrey Risbridger (appointed 5 May 2022)
The Revd Dr Amanda Stevens
Mr Geoffrey Tate
Dr Michael Tedder
Mr Richard
Robinson		 (resigned 24 March 2022)
Mr Adam Starr (resigned 16 September 2022)
Secretary Dr Emma Carlyon
Registered Office Epiphany
House
Kenwyn
TRURO
TR1 3DR
Independent Examiner PKF Francis Clark
Lowin House
Tregolls Road
Truro
Cornwall
TR12NA
Solicitors: Foot Anstey
LLP
High Water House
Malpas Road
TRURO
TR1 1QH
Bankers CAF Bank Ltd
25 Kings
Hill Avenue
West Mailing
Kent
ME194SQ

Total
Unrestricted Restricted Total 2021
funds funds 2022 R(as
Note restated)
Income and Endowments from:
Donations
and legacies		 3 98,491 390 98,881 31,605
Charitable
activities		 5 138,863 138,863 147,830
Investment
income		 4 20,196 20,196 20,566
Total income 257,550 390 257,940 200,001
Expenditure
on:
Charitable
activities		 6 ~163,975
Total expenditure (163,975) (163,975) (167,720)
Gains/losses
on investment
assets (55,320) (55,320) 65,143
Net income 38,255 390 38,645 97,424
Other recognised gains
and losses
Gains/losses
on
revaluation
offixed		 assets (19,878) (19,878) (198,250)
Net movement
in funds		 18,377 390 18,767 (100,826)
Reconciliation
offunds
Total funds brought forward 3,031,602 112,633 3,144,235 3,245,061
Total funds carried forward 18 3,049,979 113,023 3,163,002 3,144,235

Balance She et as at 31 December 2022
2021
2022 K(as
Note restated)
Fixed assets
Tangible assets 10 2,030,789 2,030,000
Investments 11 953,420 1,011,367
2,984,209 3,041,367
Current assets
Stocks 12 1,566 1,990
Debtors 13 89,644 11,998
Cash at bank and in hand 14 121,385 148,551
212,595 162,539
Creditors: Amounts falling due within one year 15 (33,802) (19,981)
Net current assets 178,793 142,558
Total assets less current liabilities 3,163,002 3,183,925
Creditors: Amounts falling due after more than one year 16 (39,690)
Net assets 3,163,002 3,144,235
Funds ofthe charity:
Restricted
income funds
Restricted funds 113,023 112,633
Unrestricted
income		 funds
Revaluation
fund		 1,326,844 1,419,148
Property fabric fund 165,804 165,804
Tangible asset reserve 1,069,157 1,048,490
General funds 488,174 398,160
Total unrestricted funds 3,049,979 3,031,602
Total funds 18 3,163,002 3,144,235

Unrestricted Restricted Total Total
funds funds 2022 2021
F
Donations and legacies;
Donations and friends
subscriptions together with gift
aid 5,863 390 6,253 12,366
Legacies 92,628 92,628 19,239
98,491 390 98,881 31,605

Unrestricted Total Total
funds 2022 2021
E
Income from dividends;
Dividends receivable from other listed
investments 20,196 20,196 20,566
5 Income from charitable activities
Unrestricted Total Total
fundsf 2022
E		 2021
Rental income 15,791 15,791 12,600
Other income 4,891 4,891 1,929
Visitor income 117,175 117,175 82,982
Government support relating to Covid 19 50,319
Grants 1,006 1,006
138,863 138,863 147,830

6
Expenditure
on		 charitable
activi		 ties
Total Total
Unrestricted
funds		 R 2022
E		 2021f
Wages and salaries 81,844 81,844 84,098
Social security costs 1,365 1,365 596
Pension costs 2,510 2,510 3,121
Catering costs 17,573 17,573 8,468
Advertising 142 142 550
General expenses 259 259 1,888
Depreciation 197 197
Rates and water 1,074 1,074 500
Insurance 6,532 6,532 6,620
Electricity, gas etc. 14,015 14,015 7,996
Cleaning
and waste		 collection 3,040 3,040 1,771
Printing,
postage and stationery		 2,203 2,203 3,360
Phone and internet 1,192 "I,192 1,062
Gardening 220 220 3,945
Retreat leaders and other programme costs 317 317 311
Irrecoverable
VAT		 (8,454) (8,454) 5,876
Legal and professional
fees		 3,930 3,930 2,140
Accountancy 5,368 5,368 3,205
Independent
examiners fee		 1,430
Auditor fees 1,475 1,475
Investment
manager		 fees 3,815 3,815 5,093
Equipment,
repairs and replacements		 24,567 24,567 25,586
Interest payable 791 791 104
163,975 163,975 167,720

7
Net incoming/outgoing		 7
Net incoming/outgoing		 7
Net incoming/outgoing		 resources resources
Net incoming
resources		 for the year include:
2022 2021
F
Realised gains/losses on investment assets (2,200) 288
Unrealised
gains/losses		 on investment assets (53,120) 64,855
Independent
examiner's		 fee 1,430
Depreciation 197
Auditor fees 1,475
8 Staffcosts
The aggregate
payroll		 costs were as follows:
2022 2021
Staff costs during the year were:
Wages and salaries 81,844 84,098
Social security costs 1,365 596
Pension costs 2,510 3,121
85,719 87,815
The monthly
average
headcount
(including

charity
during
the year was as follows:		 senior management
/ leadership
team) emplo		 yed
by the
2022 2021
No No
Employees 11 13

10Tangible fixed assets
Freehold
property
(Epiphany Fixtures,
House) fittings and Total
R(as equipment E(as
restated) restated)
Cost
At 1 January 2022 1,950,000 80,000 2,030,000
Revaluations (19,878) (19,878)
Additions 19,878 986 20,864
At 31 December 2022 1,950,000 80,986 2,030,986
Depreciation
Charge for the year 197 197
At 31 December 2022 197 197
Net book value
At 31 December 2022 1,950,000 80,789 2,030,789
At 31 December 2021 1,950,000 80,000 2,030,000

11 Fixed a sset investments
2022 2021
E
Investment properties 300,000 285,000
Other investments 653,420 726,367
953,420 1,011,367

Investment
properties
Investment
properties
Cost or Valuation
At 1 January
2022		 285,000
Revaluation 15,000
At 31 December 2022 300,000
Net book value
At 31 December 2022 300,000
At 31 December 2021 285,000

Other investments
Listed
investments Total
Cost or Valuation
At 1 January 2022 726,367 726,367
Revaluation (68,120) (68,120)
Additions 29,630 29,630
Disposals (34,457) (34,457)
At 31 December 2022 653,420 653,420
Net book value
At 31 December 2022 653,420 653,420
At 31 December 2021 726,367 726,367

2022 2021
1,566 1,990

13Debtors
2022f 2021
Trade debtors 5,189 5,360
Prepayments 535
Accrued income 3,857 6,638
Other debtors 80,063
89,644 11,998
14Cash and cash equivalents
2022 2021
Cash on hand 443 279
Cash at bank 113,615 139,195
Short-term
deposits		 7,327 9,077
121,385 148,551
15Creditors: amounts falling due within one year
2022 2021
E
Bounce Back Loan 9,527
Trade creditors 1,056 213
Other taxation and social security 2,694 2,946
Other creditors 359 2,752
Accruals 10,161 3,537
Deferred income 19,532 1,006
33,802 19,981
2022 2021
Deferred income at 1 January 2022 1,006 1,006
Resources deferred in the period 19,532
Amounts
released		 from previous periods (1,006)
Deferred income at year end 19,532 1,006

16Creditors: amounts falling due after one year falling due after one year
2022 2021
E
Bounce Back Loan 39,690
The Bounce back loan was repaid in full during the year.

m
V		 P O4
Cslcs
CV		 Csl O
CO
lA
CO		 lA
Ol
COO		 CO
CD
Cs)		 CO
CO
CV		 CO
CO
CV		 0l
CD
CD
O		 0l
CO
rt
O		 0
0
CO		 C4
CO		 0
O		 CVO
mO
s4I
s
4l
0		 4l
ID
2
U)0V
4l
s		 4l
sD
lD
Cl
4lr		 O
PJ
CV		 CO
CD0l
CV		 CO
CD0l
4l
U)
I 'ct
CO		 COO CO
C)
CO CO Csl
O O CD CD
CV CV
I
V ~r 0l
C)
CV		 0
g		 x
4l
s6)
E
U6)
C5		 r
o		 e
~0
4l8		 O
lA
lA
lA
CV		 O
lA
lA
IA
CV		 CD
Csl		 I I I
0)
IJJI l4
~
Vr		 Cs
Csl
s4		 0
CO
lA
CO		 O
CD
CO
O		 CD
CV		 CO
Ol		 O
CO
P)O		 O R O
OOOO
CO
Cl		 CO
Q l4R Po
Q
C0)
E
(0
C
UCR Ql2 fhr 4l
4l dl lD
U
0
M
Q)0
Z'.		 CD
'D
LL
CO		 Ol'or
4l
+JV
4l
fO
s		 4l
r		 C
ss—
l4
4l
4l
C		 0
0		 tD
4l
sss
4l
Xl
CD
C
l4		 4l
0		 O
(5
(y		 4l
V
fh4lr
l40I-		 N
'g
r
4l
V		 D
Ls
~
C
Ql
E
0
4l
4l
0		 y)
o
O
4l
f4
Xl
S
CI		 XJ
0
8
4=
4l
0		 l5
M4l
4l
CO
U		 '0
4lI
s
l4
0I-
m
m		 I
E
e
CI		 N
N
m
IP
N 4I		 ~
+
Ne		 0
IA
0		 0
0
'tl"
CO		 OO CO
CV		 e
C0		 0 C
.C
m
0.
CL
e UJ
t5
mR O
dl		 8 O
I
C
0		 Ne
i
Ul0V5l		 N
I5
e»
N4I
N
NC
t5
Ul
tll
Nr
mI-		 'C5
e
~m
N5l
4l		 I I I
I		 I
I		 I
I		 0
P&		 C0
O
C
e
0&
N
t5
t5
m e
CL mO
Ie
I5
N		 '0»m
t5ec
e»
~ 0
5l
0 o
C C
c
m
m c
O0c.c
t5
t5
~E
mge
O
m
Ch»		 UlC0
CV
CV
C)
CV
L
Q)
E
Q)UQO
13
0)
UJ
m		 N'U
e e
V~C
0
N e
CD N
c eV
E ~
0 0
V N
v-
~ N
m w
e N
V
mr
t5
lKI
mJ		 4l
4l
4l		 CO
CV
Cl
CV		 I
0
0
'IC'
I		 0
CIl
Ol
CO
I		 I
O
Cl
I		 CO
'tt
CO
'CP
CII		 CO
IA
CO
Ol
IA
PJ
Cl		 CV
CO
Cl
Cl
Cl
ClN
CO0
IA		 N
0
Nt5e
I50e		 e
0 '=
N
C7
m
N
N
N
'
e
N
m 0
5l
N5l
m»
N e
0 N
»o
e~
N c
00
m
Ze CV0
» N
C
0—
c
E H.
00.~e
e N		 0 e
cc
e e
C1,M
0)
a) 0
C
CL
0 p
Pl»
C
N
0~
e c
c
C
mL
e e
N CePl
0 0
gl 0
Ne
I5 e
c N
O
N C
C
ES		 CL
C5e
Xl0
5l
L
m
N0		 e
e
e
N
~ 'Z3
e»Ip
CD I5
I		 Nc
I5 5l
N
N
m
0»
O
5l
N
Ce
N e
(0
O
(6C
U
Q)
0
tO
0
Z'.		 C
0
e
e
'r )
meO		 NN
Oe
mN
5		 09
m
e
O		 N
I50
N5l»e
N
I
e
I5
U		 ol
0
0
O		 N'ar»
'ZJe
V
Ne
0I-		 e
O
0
Ne
N00.
CL
O
II=oe0.
N
I-		 N
eo
Ne
IZ		 e
p '0e
N C
e»
m e
N
U 0
e
+c»0
CL C
0 e
e E
0e
ee)
I-v		 N'0
"0e
m		 e N
N
t5
ec
CL~
e c
L»
O
I
N
m
e»
N e
N
me
e
plC
m» e
N
I- oZ
th w
Ie CIl
'QN eN
C~&O
tC E CIl
II
eVe
Cl0
0		 th w
Ie CIl
'QN eN
C~&O
tC E CIl
II
eVe
Cl0
0		 th w
Ie CIl
'QN eN
C~&O
tC E CIl
II
eVe
Cl0
0		 th w
Ie CIl
'QN eN
C~&O
tC E CIl
II
eVe
Cl0
0		 4' Ol
CO
00
CIt		 O
CII)
IA
Ol		 IA
CD
IA
CV
~
N		 CV
O
00
CII)
CI)		 00
CO		 Vl
C
II
IC
0		 ~
w		 eVe
0		 Cu
o		 th
tC~
e
IC
th
e		 th
tC~
e
IC
th
e		 0
O
O
CO
0
CII		 CO
CI)
O		 Ol
IA
CIt
CO		 tO
CD
CD		 O
Ol
CO
Ol		 IA
CIt
e
V		 th
'U
C
~I		 4I 0
Ol0		 CIt
CV
CIt		 fh 4l 0
Ol0		 CO
CIt
the
th
g~
+r
C~p
Cl		 4l CO
CO
CIt		 th ~
w e
C~
0p
'ae		 th
tc
ttl		 'O
e
tC
th
e		 CO
O
CD
r)
cD		 CIt00
CO
V V
I
Vl Vl
Cl
C 'Cl
e
ICC
CD
theO		 4l O
CD
CO
O
O
0		 CO
CO
CO		 00
IA
CO		 I CO
Ol
P)		 CD 4' CO
CIt00
CO0l		 Ol
CV
ttt
ClCe0		 4l 0
F)		 0l
CO
CO		 0
00
P)		 Cl
r
Cl		 4l CO
CIl
00
CV
CO		 h
Ol
CD
N		 w
00
0l
Ol		 O
CD
CO
CD		 CO
T
CO0l
Vl
'D
II
Cl
Jl8
th th Vl
th
eC
0
Vl
th
tttC		 Ih
e
th
Vl
IC0
Cl
5C
Cl
O)c		 e
E
th
C
e
Vl
Ih
tC		 vl
Cl
th
Vl
CC
C
e
I		 Vl
.e
Z)
C
cl		 the
th
Cht5
Cl
CU		 vl
e
Ih
CC
U
Cl
)C
Cl
CD
C		 e
E
th
C
Cl
Vl
Vl
tC
't0		 Ih
Ih
Vl
CC
C
Cl		 I
ICe
Vl
—I
7)
IC
—
'— Vl
C
Cl		 Vle
Vl
Vlt6
e
t5
CD tg
I—IZ		 0 p OI- tC
I-		 &C
il		 O0 0 OI-