## ||||Page| |---|---|---|---| |Legal and administrative||information|| |Trustees'
Annual Report|||2-5| |Statement ofTrustees'||responsibilities|| |Independent
Examiner's||report|| |Statement ofFinancial||Activities|| |Statement ofFinancial||Activities for 2019|| |Balance Sheet|||10| |Notes to the Financial|Statements||11 —22| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Endowment|Restricted|Unrestricted|Total|Total Funds| |---|---|---|---|---|---|---| ||Note|Funds|Funds|Funds|Funds|2019| ||||||2020|| |INCOME AND||||||| |ENDOWMENTS FROM:||||||| |Donations
and legacies|2|||322|322|1,202| |Income from investments|3|||122,250|122,250|119,306| |Charitable
activities|4|||10,269|10,269|2,995| |Total incoming resources||||132,841|132,841|123,503| |EXPENDITURE ON:||||||| |Charitable
activities||||60,393|60,393|79,596| |Raising funds||||31,945|31,945|24,594| |Other||||5,147|5,147|7,497| |Total resources expended||||97,485|97,485|111,687| |Net income/(expenditure)||||35,356|35356|11,816| |before gains and losses on||||||| |investments||||||| |Transfers between
funds||(41,250)|(1,612)|42,862||| |Net gains/(losses)
I'rom||||69,475|69,475|137,213| |investments||||||| |NET INCOME||(41,250)|(1,612)|147,693|104,831|149,029| |Reconciliation
offunds||||||| |Total funds brought
forward||1,083,181|1,612|1,931,295|3,016,088|2,867,059| |Total funds carried||1,041,931||2,078,988|3,120,919|3,016,088| |forward||||||| |||Endowment|Restricted|Unrestricted|Total|Total Funds| |---|---|---|---|---|---|---| ||Note|Funds|Funds|Funds|Funds|2018| ||||||2019|| |INCOME AND||||||| |ENDOWMENTS FROM:||||||| |Donations
and legacies|2|||1,202|1,202|1,446| |Income from investments|3|||119,306|119,306|115,643| |Charitable
activities|4|||2,995|2,995|3,033| |Total incoming resources||||123&503|123,503|120,122| |EXPENDITURE ON:||||||| |Charitable
activities|6|||79,596|79,596|116,861| |Raising funds|5|||24,594|24,594|37,160| |Other expenses|7|||7,497|7,497|7,001| |Total resources expended||||111,687|111,687|161,022| |Net income/(expenditure)||||11,816|11,816|(40,900)| |before gains and losses on||||||| |investments||||||| |Net gains/(losses)
&om||||137,213|137,213|(67,580)| |investments||||||| |NET INCOME||||149,029|149,029|(108,480)| |ReconciTiation offunds||||||| |Total funds brought forward||1,083,181|1,612|1,782,266|2,867,059|2,975,539| |Total funds carried||1,083,181|1,612|1,931,295|3,016,088|2,867,059| |forward||||||| ## ## |||||2020||2019| |---|---|---|---|---|---|---| |||Note||||| |FIXEDASSETS||||||| |Tangible assets||10||81,129||83,089| |Investments||11||2,983,046||2,912,822| |||||3,064,175||2,995,911| |CURRENT ASSETS||||||| |Stocks|||||1,545|| |Debtors||12|8,158||7,249|| |Cash at bank and in hand|||53,053||18,050|| ||||61,211||26,844|| |CREDITORS: Amounts|falling|||||| |due within one year||13|(4,467)||(6,667)|| |Net current Assets||||56,744||20,177| |Net Assets||||3,120,919||3,016,088| |FUNDS||||||| |Endowment
Funds||14/15||1,041,931||1,083,181| |Restricted Funds||14/15||||1,612| |Unrestricted
Funds:||14/15||2,078,988||1,931,295| |||||3,120,919||3,016,088| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |2.|DONATIONS
AND|LEGACIES||| |---|---|---|---|---| ||||2020|2019| ||Donations|from members|49|1,202| ||Legacies||273|| ||||322|1,202| |3.|INVESTMENT INCOME|||| ||||2020
g|2019I| ||Investment|Income|50,675|53,357| ||Interest on|cash deposits||| ||Rental income||71,569|65,946| ||||122,250|119,306| ## |COME FR|OM CHARI|TABLE ACT|IVITIES|| |---|---|---|---|---| ||||2020|2019| |Walsingham|receipts||740|2,144| |Member subscriptions|||835|851| |Coronavirus|job retention|scheme|8,694|| ||||10,269|2,995| ## |XPENDIT|URE ON|RA|ISING FU|NDS|| |---|---|---|---|---|---| |||||2020|2019| |Investment|management||fees||4,480| |lnvesunent|property|expenses||31,945|20,114| |||||31,945|24,594| ## ## |ANALYSIS|OF CH|ARITA|BLE ACTIVI|TIES|| |---|---|---|---|---|---| |||||2020|2019| |Funded from|unrestricted||funds:||| |Rent and council tax||||9,189|8,994| |Heat light and|water|||540|900| |Insurance||||921|1,733| |Repairs and renewals||||964|868| |Office costs||||2,913|2, 183| |Telephone||||403|646| |Printing, postage and||stationery||6,103|5,193| |Redemptorist|publications|||10,000|17,256| |Walsingham|||||3,000| |Wages and salaries||||20,331|28,550| |National
insurance|||||644| |Pension contribution||||593|2,197| |Depreciation||||3,609|1,030| |Car lease and|running|costs||4,419|4,339| |Bank charges||||93|120| |Sundry||||315|1,943| |||||60893|79,596| ## ||||2020|2019| |---|---|---|---|---| |Independent|examination||2,600|3,300| |Bookkeeping|fees||1,860|1,890| |Trustees and|company|secretarial expenses|194|2,037| |Professional|fees||493|270| ||||5,147|7,497| ## ## ## |STAFFCOSTS||| |---|---|---| ||2020|2019| |Wages and Salaries|20,331|28,550| |Social Security Costs||644| |Pension Costs|593|2,197| ||20,924|31,391| |The average number ofemployees
during
the year wa|s:|| |---|---|---| ||2020|2019| ||No|No| |Administration||| ## |10.|TANGIBLE FIXED|ASSETS|||| |---|---|---|---|---|---| ||||Long term|Fixtures 6'r,|Total| ||||leasehold|Fittings|| ||||property||| ||COST||||| ||1 January 2020||80,000|20,713|100,713| ||Disposals|||1,338|1,338| ||Additions|||(17,313)|(17,313)| ||31December 2020||80,000|4,738|84,738| ||ACCUMULATED|DEPRECIATION|||| ||1 January 2020|||17,624|17,624| ||Charge for the year|||3,609|3,609| ||Disposals|||(17,624)|(17,624)| ||31December 2020|||3,609|3,609| ||NET BOOK VALUE||||| ||31December 2020||80,000|1,129|81,129| ||31December 2019||80,000|3,089|83,089| ## |11.|FIXEDASSET INVESTMENTS||||| |---|---|---|---|---|---| |||Investment|Listed|Cash held by|Total| |||properties|Investments|investment|| |||||brokers|| ||Market value at 1 January 2019|1,215,170|1,480,533|83,401|2,779,104| ||Gains / (Losses) in the year in SOFA||137,213||137,213| ||Additions &disposals||(96,630)|93,135|(3,495)| ||Market value at 31December 2019|1,215,170|1,521,116|176,536|2,912,822| ||Market value at 1 January 2020|1,215,170|1,521,1 16|176,536|2,912,822| ||Gains I(Losses) in the year in SOFA||69,475||69,475| ||Additions &disposals|||749|749| ||Market value at 31December 2020|1,215,170|1,590,591|177,285|2,983,046| ||||||2020|| |---|---|---|---|---|---|---| |||||||'/o| |CCLA|-|Church|ofEngland|Property Fund|227,780|12.9/o| |CCLA|-|Church|ofEngland|Investment
Fund Income Shares|1,362,810|77.1/a| |CCLA|-|Church|ofEngland|Deposit Fund|177,285|10.0'/0| ## ## ## ## |12.|DEBTORS|||||| |---|---|---|---|---|---|---| ||||||2020|2019| ||Trade debtors||||4,233|4,180| ||Prepayments|and accrued||income|3,925|2,769| ||Other|||||300| ||||||8,158|7,249| |13.|CREDITORS:||Amounts|falling due within one year||| ||||||2020|2019| ||Accruals and|deferred income|||3,800|5,347| ||Other taxation||and social|security||210| ||Other||||667|1,110| ||||||4,467|6,667| ## ## ## |14.
ANALYSIS|OFNE|T ASSETS BET|WEEN FUNDS|||||| |---|---|---|---|---|---|---|---|---| |||||Endowment|Unrestricted||Restricted|Total| |||||Funds||Funds|Funds|| |Tangible fixed assets||||80,000||1,129||81,129| |Fixed asset|investments|||771,931|995,945|||1,767,876| |Investment|properties|||190,000|1,025,170|||1,215,170| |Current Assets|||||61,211|||61,211| |Creditors: amounts||falling due within|one year||(4,467)|||(4,467)| |||||1,041,931|2,078,988|||3,120,919| |15.
FUNDS RECONCILIATION||||||||| |||Balance at 1|Incoming|Outgoing|Investments|Transfer||Balance| |||January|Resources|Resources|gains/(losses)|between||at 31| |||2020|||||funds|December| |||||||||2020| |Designated
fund—||||||||| |capital fund||840,000||||||840,000| |General funds||1,091,295|132,841|(97,485)|69,475||42,862|1,238,988| |Total unrestricted||1,931,295|132,841|(97,485)|69,475||42,862|2,078,988| |funds||||||||| |Endowment
funds||||||||| |StRaphael*s||1,000,681||||||1,000,681| |The Anne Lloyd||82,500||||(41,250)||41,250| |Memorial
Trust||||||||| |Total endowment||1,083,181||||(41,250)||1,041,931| |funds||||||||| |Restricted
fund||||||||| |StRaphael's
Lift||||||||| |Appeal||1,612|||||(1,612)|| |||3,016,088|132,841|(97,485)|69,475|||3,120,919| ## ## ## ##