##
##
##
##
##
|Christian|organisations|engaged|in holistic mission|4p|
|---|---|---|---|---|
|Christian|organisations|at work|in the public sphere|20%|
|Christian|leadership
training|||2P|
|Christian|work among|young people||20%|
##
##
|acct UK Esteem|||10,000|
|---|---|---|---|
|Christians
in Politics|||10,000|
|Karis Neighbourhood|Scheme||12,000|
|Parish Nursing
Ministries||UK|10,000|
|SAT-7 UK|||10,000|
|South West Youth Ministries|||10,000|
|The Faraday Institute|for|Science and Religion|11,000|
|Theos|||11,414|
|Youthscape|||10,000|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||Solicitors:|||TWM Solicitors
LLP|||
|---|---|---|---|---|---|---|
|||||7-9Queens Road, Wimbledon|SW19SNG||
|||||CAF Bank Ltd|||
|||||25 King's Hill Avenue|||
|||||West Mailing|||
|||||Kent|||
|||||ME194JQ|||
||Investment|Managers:||investec Wealth and Investment||Ltd.|
|||||30Gresham Street London EC2V||7QN|
|||||CCLA Investment
Management|Ltd,||
|||||One Angel Lane, London
EC4R 3AB|||
|||||Epworth Investment
Fund for Charities|||
|||||9Bonhill Street, London EC2A 4PE|||
|Independent|Examiners:|||Wende Hubbard,
Burgis &Bullock|||
|||||23 - 25Waterloo Place,|||
|||||Leamington
Spa, CV32 5AL|||
|This report||was|approved|by the Trustees and|||
|signed on their|||behalf by.||||
||||1||||
|MrJohn Levkk
Trustee||||Prof Brian Stanley
Trustee|||
|Company Number:||||05353283|||
##
##
##
##
##
##
||||||Forthe y|ear ending 30|ear ending 30|June 2023||
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted||Endowment|Total|
||||||Notes||funds|funds|funds|
|Income and Endowments||from:||||||||
|Investment
Income|||||2||92,955||92,955|
|Other|||||||28||28|
|Total income|||||||92,983||92,983|
|Expenditure
on:||||||||||
|Raising Funds||||||||(11,509)|(11,509)|
|Charitable
Activities:||||||||||
|Grants|||||4|(146,914)||0|(146,914)|
|Other|||||5|(17,167)||0|(17,167)|
|Total expenditure||||||(164,081)||(11,509)|(175,590)|
|Net income / (expenditure)|||resources||before transfer||(71,098)|(11,509)|(82,607)|
|Transfers between|Fund||||||75,000|(75,000)||
|Gains / (losses) on investment|||assets|||||10,466|10,466|
|Unrealised
gains/(losses)||on|investment||assets|||10,968|10,968|
|Realised gains /(losses) on property||||investments||||0||
|Net: movement
in funds|||||||3,902|(65,075)|(61,173)|
|otal funds brought|forward||||||26,414|3,9&4,753|4,011,167|
|otal funds carried|forward||||||30,316|3,919,678|3,949,994|
##
##
||||||Unrestricted|Endowment|Total|
|---|---|---|---|---|---|---|---|
|||||Notes|Funds|Funds|Funds|
|income and Endowments||from:7)||||||
|Investment
Income|||||116,180|(474)|115,706|
|Other|||||0|0|0|
|Total income|||||116,180|(474)|115,706|
|Expenditure
on:
Raising Funds||||||(73,890)|(73,890)|
|Charitable
Activities:||||||||
|Grants|||||(136,000)||(136,000)|
|Other|||||(11,947)||(11,947)|
|Total expenditure|||||(147,947)|(73,890)|(221,837)|
|Net expenditure
before transfer|||||(31,767)|(74,364)|(106,131)|
|Transfer between funds|||||37,500|(37,500)||
|Net expenditure
before gains/losses|||||5,733|(111,864)|(106,131)|
|Realised gains / (losses)|on investment|||assets|0|40,507|40,507|
|Realised gains/(losses)|on property||investments|||3,468|3,468|
|Unrealised
gains/(losses)||on investment||assets||(169,452)|(169,452)|
|Net movement
in funds|||||5,733|(237,341)|(231,608}|
|Reconciliation offunds||||||||
|Total funds brought forward|||||20,681|4,222,094|4,242,775|
|Total funds carried forward|||||26,414|3,984,753|4,011,167|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Analysis|o|fincome||and exp|enditure|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Total|||Total||
||||||Unrestricted||Endowment||2023|Unrestricted|Endowment|2022||
|2.
INCOME||||||||||||||
|Investment||Income|- Property||Income|||||||||
|Rent||||||0|||0|38,592|0
38,592|||
|Insurance||Recovered||||28|||28|1,157|(474)|683||
|||||Total||28|||28|39,749|(474)
39,275|||
|Investment||Income|- Dividends|||||||||||
|Dividends|||||66,370||0||66,370|49,516|0
49,516|||
|Property|Funds||||18,839||0||18,839|23,890|0
23,890|||
|||||Tota I|85,209||0||85,209|73,406|0
73,406|||
|Investment||Income - Interest||||||||||||
|Bank Interest|||||2,703||||2,703|259|0||259|
|Bonds|||||4,595||||4,595|2,766|0|2.766||
|Otherinterest|||||448||||448|0|0||0|
|||||Total|7,746||||7,746|3,025|0|3,025||
|||INCOME||TOTAL|92,983||0||92,983|116,180|(474)
115,706|||
||||||||||Total|||||
||||||Unrestricted||Endowment||2023|Unrestricted|Endowment||2022|
|EXPENDITURE||||||||||||||
|3
Cost of|generating|||funds - Investment||management||costs||||||
|Investment||Fees|||0||11,509||11,509|0|13,403||13,403|
|||||Total|0||11,509||11,509|0|13,403||13,403|
|Cost ofgenerating|||funds - Property Costs|||||||||||
|Property Management|||||0|||||0|4,296||4,296|
|Costs||||||||||||||
|Insurance|Paid||||0|||||0|335||335|
|Legal Fees|||||0|||||0|(1,140)||(1,140)|
|Other Property Costs|||||0|||||0|13,839||13.839|
|Costs of property sales|||||0|||||0|43,157||43,157|
|||||Total|0|||||0|60,487||60,487|
|Total
Cost||of Generating|||0||11,509||11,509|0|73,890||73,890|
|Funds||||||||||||||
##
||||||||
|---|---|---|---|---|---|---|
||4
Grants||||2023|2022|
|||||||Unrestricted|
||||Unrestricted|Endowment|Total|and total|
||Grants - Holistic Mission||||||
||A Rocha UK||0||0|10,000|
||Karis Neighbour
Scheme||12,000||12,000|0|
||Mount Merrion||7,500||7,500|7,500|
||Parish Nursing
Ministries|UK|10,000||10,000|10,000|
||Saltbox||7,500||7,500|7,500|
||SAT-7 UK||10,000||10,000|10,000|
||Willowfield
Parish Community||0||0|10,000|
||Association||||||
||Total||47,000|0|47,000|55,000|
||Grants - Public Sphere||||||
||Christians
in Politics||10,000||10,000|7,500|
||Faraday Institute for Science and||11,000||11,000|0|
||Religion||||||
||Theos||11,414||11,414||
||Total||32,414||32,414|7,500|
||Grants - Training Leaders||||||
||Centre for Theology &||7,500||7,500|7,500|
||Community||||||
||Langham
Partnership||0||0|15,000|
||New Wine Ireland||5,000||5,000|5,000|
||Solomon Academic Trust||0||0|10,000|
||Wycliffe Bible Translators||5,000||5.000|0|
|||Total|17,500||17,500|37,500|
||Grants - Young People||||||
||acct UK (Esteem)||10,000||10,000|10,000|
||Innovista
International||6,000||6,000|0|
||South West Youth Ministries||10,000||10,000|10,000|
||Sports Chaplaincy||0||0|10,000|
||Sutton Schools Work||6,000||6,000|6,000|
||Thrive Youth Ministries||8,000||8,000|0|
||Youthscape||10,000||10,000|0|
||Total||50,000||50,000|36,000|
||Total Grants||146,914|0|146,914|136,000|
|5|Other Costs||||||
||Charitable
Activities—||||||
||Support Costs||||||
||Bank Charges||63||63|96|
||Consultancy||4,808||4,808||
||Office Costs||290||290|103|
||Staff Pay||7,710||7,710|7,326|
||Subscriptions||283||283|354|
||Website &Publicity||327||327|20|
||Total||13,481||13,481|7,899|
|||||Unrestricted|pndowIncnt|Total|2022|
|---|---|---|---|---|---|---|---|
||Governance|costs||||||
||Independent
Fees|Examination||2,756||2,756|3,070|
||Trustee Travel|||470||470|804|
||Trustee Meetings|||460||460|174|
||Total|||3,686||3,686|4,048|
||Total Other|Costs||17,167||17,167|11,947|
|||||Activities||||
|||||Undertake|Grant Funding
ofActivities|Support Costs||
|||||n Directly||||
||Analysis ofExpenditure||on|||||
|6|Charitable
Activities||||||Total|
||Grant Making||||146,914|17,167|164,081|
##
##
||10
Fixed asset investmen|ts||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||2023||2022||
|||||||||f||f||
||10a Quoted investments|||||||||||
||At market value|||||||||||
||At 01July 2022|||||||2,842,755||2,833,207||
||Purchased at cost|||||||1,174,945||838,871||
||Net sales proceeds|||||||(339,662)||(700,378)||
||Realised gain /loss on disposal|||||||10,466|||40,507|
||Unrealised
gain on revaluation|||||||10,966||(169,452)||
||At 30June 2023||||||3,699,470|||2 842 755||
||Historical cost|||||||||||
||At 30June 2023|||||||3084|265|1822|304|
|10b|Investment
properties|||||||||||
||At 1July 2022||||||||0|1,153,532||
||Net Sale Proceeds||||||||0|(1,157,000)||
||Disposal costs||||||||0|(43,157)||
||Realised gains on disposai||||||||0|46,625||
||Unrealised
gain/(loss)
on revaluation||||||||0||0|
||At 30June 2023|||||||||||
||Historical cost|||||||||||
||The investment
properties|were valued at the offer|prices for properties|||which|have|now|been sold.|||
|11. Cash at bank and in hand||||||||||||
||CafBank General||||||||24,526||42,495|
||CafBank Gold||||||||70,676||918,031|
||Investment
Manager cash||||||||9,482||56,272|
||Total for Cash|at bank and in hand|||||||104,684|1,016,798||
|12. Debtors||||||||||||
||Amounts
recoverable|within 12months||||||||||
||Rent Debtors||||||||0||3,500|
||Insurance
Debtors||||||||0||1,157|
||Interest Accruals||||||||1,360||1,157|
||Loan to The Bridge||||||||9,240||8,400|
||Total for Debtors||||||||10,600||14,214|
||Amounts
recoverable|over 12months||||||||||
||Loan The Bridge||||||||137,740||147,400|
||Total for Debtors||||||||148,340||161,614|
||The loan to The|Bridge is an interest free|loan with an expected repayment|||||by monthly||||
||instalments
over 20years from December 2021,although||||subject to a review after 5years.|||||||
||The loan has been made
in furtherance||ofthe charity's|purposes.||||||||
||||Hinchley|Charitable|Trust||
|---|---|---|---|---|---|---|
|||Report ofthe Trustees|and Accounts for||the year ended 30June 2023||
|13.|Creditors:|Amounts
falling due in one year|||2023|2022|
|||Accruals|||(2,500)|(2,500)|
|||Other creditors|||0|{7,500)|
|||Total for Creditors".Amounts|falling|due in one|(2,500)|(10,000)|
||year||||||
|14|Analysis|Analysis|of Net Assets between|Funds||||
|---|---|---|---|---|---|---|---|
||2023||||Unrestricted|Endowment|Total|
||Investments||||0|3,699,470|3,699,470|
||Current|Assets|||32,816|220,208|253,024|
||Current|Liabilities|||(2,500)|0|(2,500)|
||Total||||30,316|3,919,678|3,949,994|
||2022||||Unrestricted|Endowment|Total|
||||||Fund|||
||Investments||||0|2,842,755|2,842,755|
||Current|assets|||36,414|1,141,998|1,178,412|
||Current|liabilities|||(10,000)|0|{10,000)|
||||Total||26,414|3,984,753|4,011,167|
|15 Summary of Fund|movements||||||
|---|---|---|---|---|---|---|
||Fund|||||Fund|
||balances|||||balances|
||brought|||||carried|
|2023|forward|Income|Expenditure|Gains/Losses|Transfers|forward|
|General|26,414|92,983|(164,081)||75,000|30,316|
|Endowment|3,984,753|0|(11,509)|21,434|(75,000)|3,919,678|
|Total|4,011,167|92,983|(175,590)|21,434|0|3,949,994|
||Fund|||||Fund|
||balances|||||balances|
||brought|||||carried|
|2022|forward|Income|Expenditure|Gains/Losses|Transfers|forward|
|General|20,681|116,180|(147,947)|0|37,500|26,414|
|Endowment|4,222,094|(474)|(73,890)|(125,477)|(37,500)|3,984,753|
|Total|4,242,775|115,706|(221,837)|(125,477)|0|4,011,167|
##
##