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|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|
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##
|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||||
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|||||||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|
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||||||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.|||
##
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