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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 2021||
|Balance Sheet|||10|
|Notes to the Financial|Statements||11-22|
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|Trustees:||||||
|---|---|---|---|---|---|
|||||Father Darren Smith (Chairman)||
|||||Father Brian Regan||
|||||Miss Anne Abel, BEM||
|||||Mr John Grosvenor (Treasurer)||
|||||Mrs Barbara Cork||
|Company|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||
|||||Herlford shire||
|||||AL4 9RQ||
|Independent||Examiner:||Nicholas Simkins FCA||
|||||The Dower House||
|||||Bonehill||
|||||Staffordshire||
|||||B783HX||
|Investment||Managers:||CCLA||
|||||Senator House||
|||||85 Queen Victoria Street||
|||||London||
|||||EC4V 4ET||
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|||Endowment|Unrestricted|Total Funds|Total Funds|
|---|---|---|---|---|---|
||Note|Fundsf|Funds|2022|2021|
|INCOME AND||||||
|ENDOWMENTS
FROM:||||||
|Donations
and legacies|||16|16|32|
|Income from investments|||133,053|133,053|127,012|
|Charitable
activities|||576|576|7,373|
|Total incoming
resources|||133,645|133,645|134,417|
|EXPENDITURE ON:||||||
|Charitable
activities|||43,739|43,739|45,487|
|Raising funds|||22,950|22,950|37,531|
|Other|||6,767|6,767|7,088|
|Total resources expended|||73,456|73,456|90,106|
|Net income/(expenditure)|||60,189|60,189|44,311|
|before gains and losses on||||||
|investments||||||
|Net gains from property|10/11||||734,830|
|revaluations||||||
|Net gains/(losses)
from|||(206,381)|(206,381)|247,606|
|investments||||||
|NET (EXPENDITURE) / INCOME|||(146,192)|(146,192)|104,831|
|Reconciliation
offunds||||||
|Total funds brought forward||1,241,931|2,905,735|4,147,666|3,120,919|
|Total funds carried||1,241,931|2,759,543|4,001,474|4,147,666|
|forward||||||
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|||Endowment|Unrestricted|Total Funds|Total Funds|
|---|---|---|---|---|---|
||Note|Funds|Funds|2021|2020|
|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|||909106|90,106|97,485|
|Net income/(expenditure)|||44,311|44+11|359356|
|before gains and losses on||||||
|investments||||||
|Net gains from property|10/1 1|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,$31|
|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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|||||2022||2021|
|---|---|---|---|---|---|---|
|||Note|||||
|FIXEDASSETS|||||||
|Tangible assets||10||230,765||230,956|
|Investments||11||3,670,944||3,552,625|
|||||3,901,709||3,783,581|
|CURRENT ASSETS|||||||
|Debtors||12|4,681||4,540||
|Cash at bank and in hand|||99,034||363,499||
||||103,715||368,039||
|CREDITORS: Amounts|falling||||||
|due within one year||13|(3,950)||(3,954)||
|Net current Assets||||99,765||364,085|
|Net Assets||||4,001,474||4,147,666|
|FUNDS|||||||
|Endowment
Funds||14/15||1,241,931||1,241,931|
|Unrestricted
Funds:||14/15||2,759,543||2,905,735|
|||||4,001,474||4,147,666|
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|2.|DONATIONS
AND|DONATIONS
AND|LEGACIES||||
|---|---|---|---|---|---|---|
|||||2022||2021|
|||Donations|from members|16||32|
|||Legacies|||||
|||||16||32|
|3.|INVESTMENT INCOME||||||
|||||2022||2021|
|||Investment|income|47,446||53,470|
|||Interest on|cash deposits|44|||
|||Rental income||85,563||73,537|
|||||133,033||127 012|
|4.|INCOME|FROM CHARITABLE ACTIVITIES|||||
||||||2022|2021|
||Member|subscriptions|||576|642|
||Coronavirus job retention scheme|||||6,731|
||||||576|7,373|
|5.|EXPENDITURE ON RAISING FUNDS||||||
||||||2022|2021|
||||||g||
||Investment
property||expenses||22,950|37,531|
||||||22,950|37,531|
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|||||2022|2021|
|---|---|---|---|---|---|
||||||f|
|Office rent||||10,840|10,840|
|Walsingham||||1,916||
|Insurance||||613|570|
|Repairs and renewals||||534||
|Office costs||||2,334|1,356|
|Telephone||||143|143|
|Printing,
postage and||stationery||4,200|3,526|
|Wages and salaries||||20,384|23,462|
|National
insurance||||1,398|476|
|Pension contribution||||612|574|
|Depreciation||||191|173|
|Car lease and|running|costs|||2,923|
|Bank charges||||161|95|
|Sundry||||413|1,349|
|||||43,739|45,487|
|THER EXPENSES||||||
|||||2022|2021|
|Independent|examination|||3,250|3,000|
|Bookkeeping|fees|||1,466|1,410|
|Trustees and|company|secretarial|expenses|618|445|
|Professional|fees|||1,433|2,233|
|||||7,088|7,088|
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|STAFFCOSTS|||
|---|---|---|
||2022|2021|
|||f.|
|Wages and salaries|20,384|23,462|
|Social security costs|1,398|476|
|Pension costs|612|574|
||22,394|24,512|
||2022|2021|
|---|---|---|
||No|No|
|Administration|||
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|TANGIBLE FIXED|ASSETS||||
|---|---|---|---|---|
|||Long term|Fixtures &,|Total|
|||leasehold|Fittings||
|||property|||
|COST|||||
|I January 2022||230,000|4,738|234,738|
|Revaluation
/ additions|||||
|31December 2022||230,000|4,738|234,738|
|ACCUMULATED|DEPRECIATION||||
|I January 2021|||3,782|3,782|
|Charge for the year|||191|191|
|31December 2021|||3,973|3,973|
|NET BOOK VALUE|||||
|31December 2022||2309000|765|230,765|
|31 December 2021||230,000|956|230,956|
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|XEDASSETINVESTMENTS|||||
|---|---|---|---|---|
||Investment|Listed|Cash held by|Total|
||properties|Investments|investment||
||||brokers||
|Market value at 1 January 2022|1,800,000|1,750,272|2,353|3,552,625|
|Gains / (Losses) in the year in SOFA||(206,412)|31|(206,381)|
|Additions &disposals|224,700|100,000||324,700|
|Market value at 31December 2022|2,024,700|1,643,860|2,384|3,670,944|
|Market value at 1 January 2021|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 2021|1415,170|1,590,591|177,285|2,983,046|
|||||2023||2022||
|---|---|---|---|---|---|---|---|
|||||8|o/o||o/o|
|CCLA|- Church ofEngland|Investment|Fund Income Shares|1,377,120|83.6'/o|1,558,766|88.9'/o|
|CCLA|- Church ofEngland|Deposit Fund||2,384|0.2/o|2,353|0.2/o|
|CCLA|—General Secretary|Fund||266,740|16.2/o|191,506|10.9/o|
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|12.|DEBTORS|||||
|---|---|---|---|---|---|
|||||2022|2021|
||Trade debtors|||4,681|1,730|
||Prepayments|and accrued|income||2,810|
|||||4,681|4,540|
|13.|CREDITORS: Amounts||falling due within one year|||
|||||2022|2021|
||Accruals and|deferred income||3,250|3,000|
||Other|||700|954|
|||||3,950|3,954|
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|14.|ANALYSIS OF|ANALYSIS OF|ANALYSIS OF|NET ASSETSBETWEEN FI/NDS|NET ASSETSBETWEEN FI/NDS|NET ASSETSBETWEEN FI/NDS|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Endowment|Unrestricted||Total||
|||||||||Funds||Funds|||
||Tangible fixed|||assets||||230,000||765|230,765||
||Fixed asset||investments|||||771,931||1,252,769|2,024,700||
||Investment||properties|||||240,000||1,406,244|1,646,244||
||Current assets|||||||||103,715|103,715||
||Creditors: amounts||||falling due within one year|||||(3,950)|(3,950)||
|||||||||1441,931||2,759,543|4,001,474||
|15.|FUNDS RECONCILIATION||||||||||||
|||||||Balance at I|Incoming|Outgoing|Transfers|Investments||Balance at31|
|||||||January 2022|Resources|Resources||Jk Property||December|
|||||||||||gains/(losses)||2022|
|Unrestricted||funds|||||||||||
|Designated||fund —General|||Secretary|175,000||||||175,000|
|fund|||||||||||||
|General fund||||||2,730,735|133,645|(73,456)||(206,381)||2,584,543|
|||||||2,905,735|133,645|(73,456)||(206481)||2,759,543|
|Endowment||funds|||||||||||
|StRaphael's||||||1,200,681||||||1,200,681|
|Anne|Lloyd|Memorial||Trust||41,250||||||41,250|
|||||||1,241,931||||||1,241,931|
|||||||4,147,666|133,645|(73,456)||(206381)||4,001,474|
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||||2022|2021|
|---|---|---|---|---|
|Within|one|year|Nil|Nil|
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