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|||Page||
|---|---|---|---|
|Reference and administrative<br>details||||
|Report ofthe trustees|2|to|3|
|Independent<br>examiner's<br>report||||
|Statement offinancial activities||||
|Balance sheet||||
|Notes to the financial statements|7|to|11|
|Detailed statement offinancial activities||12||





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||||||2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Expendable|Total|Total|
||||fund|Endowment|funds|funds|
|||Notes||f.|8||
|INCOME AND ENDOWMENTS|FROM||||||
|Donations<br>and legacies||||43,202|43,202||
|EXPENDITURE ON|||||||
|Charitable<br>activities|||||||
|Support costs|||2,551||2,551|3,283|
|Grants|||43,202||43,202|7,017|
|Total|||45,753||45,753|10,300|
|Net gains/(losses)<br>on investments||||651|651|(928)|
|NET INCOME/(EXPENDITURE)|||(45,753)|43,853|(1,900)|(11,228)|
|Transfers<br>between<br>funds||9|45,753|(45,753)|||
|Net movement<br>in funds||||(1,900)|(1,900)|(11,228)|
|RECONCILIATION<br>OF FUNDS|||||||
|Total funds brought<br>fomvard||||589|589|11,817|
|TOTAL FUNDS CARRIED FORWARD||||(1,311)|(1,311)|589|





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|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Expendable|Total|Total|
|||fund|Endowment|funds|funds|
||Notes|||||
|CURRENT ASSETS||||||
|Cash at bank||12,141|616|12,757|12,780|
|CREDITORS||||||
|Amounts<br>falling due within one year|8|(14,068)||(14,068)|(12,191)|
|NET CURRENT ASSETS/(LIABILITIES)||(1,927)|616|(1,311)|589|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||(1,927)|616|(1,311)|589|
|NET ASSETS||(1,927)|616|(1,311)|589|
|FUNDS||||||
|Endowment<br>funds||||(1,311)|589|
|TOTAL FUNDS||||(1,311)|589|





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||||||||||2022f|2021|
|---|---|---|---|---|---|---|---|---|---|---|
||Grants||||||||43,202|7,017|
||The total grants paid|||to institutions||during|the year was as follows:||||
||||||||||2022f|2021<br>f|
||Abbaye de|Ste. Martin de Liguge|||||||8,470|819|
||Abbaye Ste Marie de|||Paris|||||2,541|2,656|
||M Henry Yvannes for the Masses|||||||||3,542|
||Monastery|St|Joseph|de|Segueya||||13,554||
||Pere Henri|Yvanes|||||||8,471||
||Abbaye de|Ste. Anne||de|Kergonan||||5,083||
||Abbaye Notre-Dame|||de|Ganagobie||||5,083||
||||||||||43,202|7,017|
|4.|SUPPORT|COSTS|||||||||
||||||||||Governance||
|||||||||Finance|costs|Totals|
||Support costs|||||||51|2,500|2&551|
||Support costs, included||||in the above, are||as follows:||||
||Finance||||||||||
||||||||||2022|2021|
||||||||||Support|Total|
||||||||||costs|activities|
||||||||||f|f|
||Bank charges||||||||51|145|
||Governance||costs||||||||
||||||||||2022|2021|
||||||||||Support|Total|
||||||||||costs|activities|
||Independent|examination|||||||700||
||Accountancy||fees||||||1,800|3,138|
||||||||||2,500|3,138|





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|COMPARATIVES|COMPARATIVES||FOR THE STATEMENT|OF FINANCIAL|ACTIVITIES|||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Expendable|Total|
||||||fund|Endowment|funds|
|EXPENDITURE|ON|||||||
|Charitable<br>activities||||||||
|Support costs|||||3,283||3,283|
|Grants|||||7,017||7,017|
|Total|||||10,300||10,300|
|Net gains/(losses)|on||investments|||(928)|(928)|
|NET INCOME/(EXPENDITURE)|||||(10,300)|(928)|(11,228)|
|Transfers<br>between||funds|||10,300|(10,300)||
|Net movement<br>in|funds|||||(11,228)|(11,228)|
|RECONCILIATION|||OF FUNDS|||||
|Total funds brought|||forward|||11,817|11,817|
|TOTAL FUNDS CARRIED FORWARD||||||589|589|
|CASH AT BANK||||||||
|||||||2022|2021|
|||||General|Expendable|Total|Total|
|||||fund|Endowment|funds|funds|
||||||g|||
|Metrobank<br>Sterling|(f)|||2,193|589|2,782|2,782|
|Metrobank<br>Account||(Euro)||9,948|27|9,975|9,998|
|Total||||12,141|616|12,757|12,780|





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|8.|CREDITOR|S|: AMOUNTS|FA|LLING DUE WITH|IN ONE|YEAR|||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
||||||||||f|
||Other creditors|||||||14,068|12,191|
|9.|MOVEMENT||IN FUNDS|||||||
||||||||Net|Transfers||
||||||||movement|between|At|
||||||At|1.7.21|in funds|funds|30.6.22|
||Unrestricted|funds||||||||
||General<br>fund||||||(45,753)|45,753||
||Endowment|funds||||||||
||Expendable|Endowment||||589|43,853|(45,753)|(1,311)|
||TOTAL FUNDS|||||589|(1,900)||(1,311)|
||Net movement||in funds, included||in the above are as follows:|||||
||||||Incoming||Resources|Gains and|Movement|
||||||resources||expended|losses|in funds|
||Unrestricted||funds|||||||
||General fund||||||(45,753)||(45,753)|
||Endowment|funds||||||||
||Expendable|Endowment|||43,202|||651|43,853|
||TOTAL FUNDS||||43,202||(45,753)|651|(1,900)|
||Comparatives||for movement|in|funds|||||
||||||||Net|Transfers||
||||||||movement|between|At|
||||||At|1.7.20|in funds|funds|30.6.21|
|||||||f.||||
||Unrestricted||funds|||||||
||General<br>fund||||||(10,300)|10,300||
||Endowment|funds||||||||
||Expendable|Endowment|||11,817||(928)|(10,300)|589|
||TOTAL FUNDS||||11,817||(11,228)||589|





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|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses<br>f|in funds<br>f|
|Unrestricted|funds|||||
|General<br>fund|||(10,300)||(10,300)|
|Endowment|funds|||||
|Expendable|Endowment|||(928)|(928)|
|TOTAL FUNDS|||(10,300)|(928)|(11,228)|



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||2022|2021||
|---|---|---|---|
||6|||
|INCOME AND ENDOWMENTS||||
|Donations<br>and legacies||||
|The Foundation ofSt.Benedict ofNursia|43,202|||
|Total incoming<br>resources|43,202|||
|EXPENDITURE||||
|Charitable<br>activities||||
|Grants to institutions|43,202|7,017||
|Support costs||||
|Finance||||
|Bank charges|51||145|
|Governance<br>costs||||
|Independent<br>examination|700|||
|Accountancy<br>fees|1,800|3,138||
||2,500|3,138||
|Total resources expended|45,753|10,300||
|Net expenditure<br>before gains and losses|(2,551)|(10,300)||
|Realised recognised<br>gains and losses||||
|Foreign exchange gains/(losses)|651|(928)||
|Net expenditure|(1,900)|(11,228)||