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|||Page|
|---|---|---|
|Legal and administrative|information||
|Trustees'
Annual
Report||2-5|
|Statement ofTrustees'|responsibilities||
|Independent
Examiner's|report||
|Statement ofFinancial|Activities||
|Statement ofFinancial|Activities for 2020||
|Balance Sheet||10|
|Notes to the Financial Statements||11-22|
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|Company|Registered number:|Registered number:|Registered number:|05392217||
|---|---|---|---|---|---|
|Charity Registered|||Number:|1109399||
|Registered||Office:||16Commercial|Street|
|||||Birmingham||
|||||Bl 1RS||
|Company|Secretary:|||Natasha
Gittens||
|Bankers:||||Lloyds Bank Pic||
|||||The Quadrant||
|||||StAlbans||
|||||Hertfordshire||
|||||AL4 9RQ||
|Independent||Examiner:||Nicholas Simkins FCA||
|||||The Dower House||
|||||Bonehill||
|||||Staffordshire||
|||||B783HX||
|Investment||Managers:||CCLA||
|||||Senator House||
|||||85 Queen Victoria Street||
|||||London||
|||||EC4V4ET||
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|||Endowment|Unrestricted|Total Funds|Total Funds|
|---|---|---|---|---|---|
||Note|Funds|Funds|2021|2020|
|||||K||
|INCOME AND||||||
|ENDOWMENTS FROM:||||||
|Donations
and legacies|||32|32|322|
|Income from investments|||127,012|127,012|122,250|
|Charitable
activities|||7,373|7,373|10,269|
|Total incoming
resources|||134,417|134,417|132,841|
|EXPENDITURE ON:||||||
|Charitable
activities|||45,487|45,487|60,393|
|Raising funds|||37,531|37,531|31,945|
|Other|||7,088|7,088|5,147|
|Total resources expended|||90,106|90,106|97,485|
|Net income/(expenditure)|||44,311|44,311|35,356|
|before gains and losses on||||||
|investments||||||
|Net gains from property|10/11|200,000|534,830|734,830||
|revaluations||||||
|Net gains/(losses)
from|||247,606|247,606|69,475|
|investments||||||
|NET INCOME||200,000|826,747|1,026,747|104,831|
|Reconciliation
offunds||||||
|Total funds brought
forward||1,041,931|2,078,988|3,120,919|3,016,088|
|Total funds carried||1,241,931|2,905,735|4,147,666|3,120,919|
|forward||||||
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|||Endowment|Restricted|Unrestricted|Total|Total Funds|
|---|---|---|---|---|---|---|
||Note|Funds|Funds|Funds|Funds|2019|
||||||2020||
|INCOME AND|||||||
|ENDOWMENTS FROM:|||||||
|Donations
and legacies||||322|322|1,202|
|Income from investments||||122,250|122,250|119,306|
|Charitable
activities||||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|35,356|11,816|
|before gains and losses on|||||||
|investments|||||||
|Transfers
between
funds||(41,250)|(1,612)|42,862|||
|Net gains/(losses)
from||||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|||||||
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|2.|DONATIONS
AND|LEGACIES|LEGACIES||||
|---|---|---|---|---|---|---|
|||||2021||2020|
||Donations|from|members|32||49|
||Legacies|||||273|
|||||32||322|
|3.|INVESTMENT INCOME||||||
|||||2021||2020|
||Investment|income||53,470||50,675|
||Interest on|cash|deposits||||
||Rental income|||73,537||71,569|
|||||127,012||122,250|
|4.|INCOME FROM CHARITABLE ACTIVITIES||||||
||||||2021|2020|
||Walsingham
receipts|||||740|
||Member subscriptions||||642|835|
||Coronavirus job retention||scheme||6,73I|8,694|
||||||7t373|10,269|
|5.|EXPENDITURE ON|RAISING FUNDS|||||
||||||2021|2020|
||Investment
property|expenses|||37,531|31,945|
||||||37,531|31,945|
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|||||2021|2020|
|---|---|---|---|---|---|
|Office rent||||10,840|9,189|
|Heat light and water|||||540|
|Insurance||||570|921|
|Repairs and renewals|||||964|
|Office costs||||1,356|2,913|
|Telephone||||143|403|
|Printing,
postage and||stationery||3,526|6,103|
|Redemptorist|publications||||10,000|
|Wages and salaries||||23,462|20,331|
|National
insurance||||476||
|Pension contribution||||574|593|
|Depreciation||||173|3,609|
|Car lease and|running|costs||2,923|4,419|
|Bank charges||||95|93|
|Sundry||||1,349|315|
|||||45,487|60,393|
|THER EXPENSES||||||
|||||2021|2020|
|Independent|examination|||3,000|2,600|
|Bookkeeping|fees|||1,410|1,860|
|Trustees and|company|secretarial|expenses|445|194|
|Professional|fees|||2,233|493|
|||||7,088|5,147|
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|STAFF COSTS|||
|---|---|---|
||2021|2020|
|Wages and salaries|23,462|20,331|
|Social security costs|476||
|Pension costs|574|593|
||24,512|20,924|
|The average number ofemployees
during the year wa|s:||
|---|---|---|
||2021|2020|
||No|No|
|Administration|||
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|10.|TANGIBLE FIXED|ASSETS||||
|---|---|---|---|---|---|
||||Long term|Fixtures &,|Total|
||||leasehold|Fittings||
||||property|||
||COST|||||
||1 January 2021||80,000|4,738|84,738|
||Revaluation||150,000|||
||31 December 2021||230,000|4,738|234,738|
||ACCUMULATED|DEPRECIATION||||
||I January 2021|||3,609|3,609|
||Charge for the year|||173|173|
||31December 2021|||3,782|3,782|
||NET BOOK VALUE|||||
||31December 2021||230,000|956|230,956|
||31December 2020||80,000|1,129|81,129|
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|11.|FIXEDASSET INVESTMENTS|||||
|---|---|---|---|---|---|
|||Investment|Listed|Cash held by|Total|
|||properties|Investments|investment||
|||||brokers||
||Market value at I January 2020|1,215,170|1,521,116|176,536|2,912,822|
||Gains / (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|
||Market value at I January 2021|1,215,170|1,590,591|177,285|2,983,046|
||Gains I(Losses) in the year in SOFA|584,830|247,538|68|832,436|
||Additions &disposals||(87,857)|(I75,000)|(262,857)|
||Market value at31December 2021|1,800,000|1,750,272|2,353|3,552,625|
|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||||'/o||'/o|
|CCLA|- Church ofEngland|Property Fund||||227,7SO|12.9/o|
|CCLA|- Church ofEngland|Investment|Fund Income Shares|1,558,766|88.9/o|1,362,810|77.I /o|
|CCLA|—Church ofEngland|Deposit Fund||2,353|0.2/o|177,285|10.0"/o|
|CCLA|—General Secretary|Fund||191,506|10.9/o|||
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||StRaphael's|Endowment|Endowment|Fund|150,000|||
|---|---|---|---|---|---|---|---|
||Unrestricted|General Fund|||f534,830|||
|12.|DEBTORS|||||||
|||||||2021|2020|
||Trade debtors|||||1,730|4,233|
||Prepayments||and accrued|income||2,810|3,925|
|||||||4,540|8,158|
|13.|CREDITORS: Amounts|||falling|due within one year|||
|||||||2021|2020|
||Accruals and||deferred income|||3,000|3,800|
||Other|||||954|667|
|||||||3,954|4,467|
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|4.
A|NALYSIS|OF|NET|ASSETSBE|TWEEN FIJNDS||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Endowment|IJnrestricted|||Total||
||||||||Funds||Funds||||
||Tangible fixed||assets||||230,000||956||230,956||
||Fixed asset investments||||||771,931||980,694|1,752,625|||
||Investment|properties|||||240,000||1,560,000|1,800,000|||
||Current assets||||||||368,039||368,039||
||Creditors:|amounts||falling due within one year|||||(3,954)||(3,954)||
||||||||1,241,931||2,905,735|4,147,666|||
|.|FIJNDS RECONCILLATION||||||||||||
||||||Balance at I|Incoming|Outgoing|Transfers|Investments|||Balance at 31|
||||||January 2021|Resources|Resources||&Property|||December|
||||||||||gains/(losses)|||2021|
|Designated
fund —Capital fund|||||840,000|||(840,000)|||||
|Designated
fund —General||||Secretary||||175,000||||175,000|
|fund|||||||||||||
|General|fund||||1,238,988|134.417|(90„106)|665.000)||782,436||2,730,735|
||||||2,078,988|134,417|(90,106)||782,436|||2,905,735|
|Total unrestricted||funds|||||||||||
|Endowment
funds|||||1,000,681||||200,000|||1,200,681|
||||||41,250|||||||41,250|
|St Raphael's|||||||||||||
|Anne Lloyd Memorial|||Trust||||||||||
||||||1,041,931|||||||1,241,931|
|Total endowment||funds|||||||||||
||||||3,120,919|134,417|(90,106)||982,436|||4,147,666|
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||||2021|2020|
|---|---|---|---|---|
|Within|one|year|Nil|Nil|
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