ST JOHN'S GUILD
(A company limited by guarantee)
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31st December 2023
Registered Charity Number: 1109399
Company Registration Iyumber: 05392217

ST JOHN'S GUILD
Reglslered Charity No. 1109399
CONTENTS
Page
Legal and athninistrative inforniation
Trn8teeg' Annual Report
Statement of Trustees, responsibilities
Independent Examiner's r¢port
Ststement of Financial A¢rivities
Ststement of Finan¢ial A¢tivifies for 2022
Balanc¢ Shccl
Notes to the Financial Statements
10-21

ST JOHN'S GUILD
Reglstered Charity No. 1109399
LEGAL AND ADMll¥ISTRATIVE INFORMATION
Trustse8:
Fatber Darren Smith (Cbairnlan)
Father Brian Regan
Miss Anne Abel, BEM
Mr John Grosvenor cfreasvrer)
Mrs Ba￿Ar2 Cork
Company Reglstsred number: 05392217
Charity Registsred Number: 1109399
Registered office:
16 Commercial Street
Binningham
BI IRS
Company Seeretary:
Natssha Gittens
Bankers:
Lloyds Ballk PIC
The Quadrant
St Albans
Hertfordshi
AL4 9RQ
Independent Ex8mirter:
Nicholas Sirnkin5 FCA
Butts Fatm
GTeat Haywood
Staffordshire
ST18 OTF
Investment Manager8:
CCLA
On¢ Ang¢1 Lan¢
London
EC4R 3AB

ST JOHN'S GUILD
Regtstered Charity No. 1109399
TRUSTEES, ANNUAL REPORT
For the year ended 31 December 2023
The truste¢s present their annual rew)rt alld f￿anCIal srateni¢nts of the ¢harity for the year ended 31 December 2023.
Th¢ finanL'ial statements have been prepared in acLordanc¢ with the a¢¢ounting policies set out in note 2 10 th¢ a¢eouni$
and ¢omply ￿'ith the charity's trusi deed, the Charities A¢1 2011. the Companies Act 200C). The Memorandum and
Articles of Aswciation and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable (o
chariiies preparing their accounts in accordance w.ith the Financial R¢pottillg Standard applicable in the UK and
Republic of Ireland {¢ff￿tlv¢ Jai)uary 2019).
OWECTIVES AND ACTIVITIES
The objective$ of th¢ Guild are to relieve the needs of petsons with visual impainnent attd hearing
impairnient in particular..
M¢mbers uf the Church of England with visual impainneni
M¢mb¢rs of other Chrtstian denominations with ￿SU#l impairn)¢nt
Persons With bofh visual and hearing irnpairn)ent
Persons with h¢aring impairnent and other physical disability
iv)
by offering spirifval, phy$i¢al and sensory assistallce to people who are blind, deafn)litid. visually impaired.
and to ihose with othcr disabilities.
PUBLIC BENEFIT
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general
guidance on public benefit when reviewing the charity's aims and objectives and in planning fulure activities.
A Ncwsletter and separdie Companionship of Prayer is now being produced for members, and others. at a
heavily wbsidised cost to enricli the spiritual growth of members, St John's Guild meets all the costs of
producing quarterly Bible Reading Fellowship iiot¢s in Bratlle w'hich serves people nationwide and
iThternationally with readers in New Zaland, Malaysia and Africa amongst others.
STRUCTURE, GOVERNANCE AND MANAGEMENT
const1￿tIon
The Guild is constituted as a company limited by ¥uarant¢e whiLh was incoTPN)rated in England on 14 Mawh
2005 Icompany no 05392217 and Charity no 1109399). Its activities are governed by its Memorandum and
Articles of Aswiaiion which have not been amended sin¢¢ 14 March 2005.
Method ol appoilltment or electÉon ofTrustee8
The constitution provides for a Trustee body of not less ihan four members, with no M￿lMum. Trustees seek
to fill Vacancies from the chaTity's existing supporter base considering the skills, experi¢nce and personal
qualities needed to mait)tain the balance of the I.ruS￿ body. Appointments may only be mAde at the
recommendaiion of the Trustees. We revi¢w and implement <in induction pn)cess for new'fru81tts.

ST JOHN'S GUILD
Reglstered Charity No. 11119399
TRUSTEES, ANNUAL REPORT (Conthiued)
Tror the year ended 31 De¢ember 2023
Oryanlsatlonal stru¢thre and d¢ei$ion making
Th¢ St. John's Guild Board of Trustees consists of a Chairman and at least 3 oih¢rs, who-are el¢¢ted at the
AGM with the Company Secretsry being in attendance.
Decisions about the Charity are discussed at regular meetin¥s of the Trnsl¢¢s {Board of Dire¢ior8). Zoom is
available for any who are unable to attend in person.
Branch Secretaries- responsible for all Guild Members of their individual branchcs.
St John's Guild is a Church of England based organisation.
KEY MANAGEMENT
All Guild affairs are administered from the off1ee in Birniingham, to develop and promote publicAtions in
accessible fornTrats if requested for chU￿he$ Dationwid¢ to ¢nhanc¢ p¢ople's participation in chU￿h worship.
IUSK FACTORS
The TTUStees have a risk register to identify the key risks facing the Guild &nd the actions required to mitigate these
risks. These regtster is reviewed by the Trusiees to ensure that they are cutr¢nt attd ￿l¢vant.
ACHIEVEMENTS AND PERFORMANC
Review of a¢tlvltle$
We seek to offer 5Piritual, physical and sensory assistance to people who are blind, deafjblind, visually
irnpaired. and to those with other disabilities.
The Guild offers grdnts to support blind I visually impaired and their eompantons to make pilgrimages or tttreats. In 2023
St John'5 Guild introdu¢ed grants for parishe5 enabling them to make worship more accessible for those with special need$ with
emphasis wn tho* who are blind or visually impaire¢L
Ongoing refurbishments of St John's Guild properties in Sl Raphael'$ are undertaken as
nece8s8ry to ettqure mainthining a commercial slkndard for letting by A I(￿al propKty agency.

ST JOHN'S GUILD
Registered Charity No. 1109399
TRUSTEESI ANNUAL REPORT (ContiDyed}
For the year ellded 31 Deeember 2023
Investment poli¢y *nd performance
In accordan¢¢ wilh the governing docuinent, the'frustees have the p)w'er to make such investtnents as th¢y
think proper and to place tunds on deposit with any BanL
The Trust¢¢$ have completed a review of their investtnent management policy and are satisfied that it still
complics with tbe ethical policles of the Guild. The investsnents are managed by CCLA fLmd managers in
London.
During the year the trustees have continued reviewing and implementing their business plan.
FINANCIAL REVIEW
Results for the yethr
The net incoming resources for the year amounted to £33,113 (2022 - £60,189), but after net realised and
unr¢aliscd gains on investments of £154,660 {2022- £206,281 loss) the final net movement in funds for the
year resulted in a surplus of £187.773 (2022- £146,192 defLClt).
R¢serves
It is thc policy of the tNstees 10 build up adequate reserves to mee( its running costs for twelve months. The
level of reserves is moniiored and reviewed at least annually by th¢ Trustees. Unrestricted reserves are
continuously monitored and reviewed.
Unr¢stricted funds at the year end were £2,947,316 (2022 - £2,795,543), ettdomrynents funds at the year end
were £1,1241,931 12022 £1,241,931). Total funds of the Gulld at the year end were £4.189.247 12022 -
£4.001.474)
Golng con¢er
With the current level of unrestricted reserves, the trnstees have a reasonable expectation that the Lharity has
rcsourccs to continue in operalional existence forthe fore5eeabl¢ futur¢; th¢￿fOre, th¢ going Concern basis bas
been adopt¢d in preparing these fmancial stateinents.
This report was approved by th¢ Trustees on 18 July 2024 attd Si￿ed oll its behalf by
I'he R
Trust
erend Canon fr'ather Darren Smith SSC

ST JOHN*S GUILD
Registered Charity No. 1109399
STATEMENT OF TRUSTEES? RESPONSIBIMTILS
For the year ended 31 December 2023
The trustees (who are also directors for pw)oses of company law) are responsible for ptrparing the Tn￿tees. Annual
Rewrt and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United
Kingdom Generdlly Accepted Accounting Practice}.
Company law requires the trustees to prepare financial statements for each financial year which give a iThe and fair
of the state of attairs of ttLe charitAble company of the incoming resources and application of resources, including the
income and expenditure, of the charitabl¢ company for that period. In preparing these financial stsl¢m¢nts. th¢ trusl¢¢s are
requir¢d to..
s¢l¢ct suitabl¢ accounting policies and then apply them CO￿918t¢ntly.
observe the methods and principles in th¢ applicabl¢ Clwities SORF.
ake judgements and estifflates that are reasonabl¢ and p￿￿ent.
prepare the financial statements on the going concern basi5 unless it is inappropriate lo p￿￿me that the djarity
will continue in business.
The trustees are responsiljle for keeping prop¢r and adequate accounting records that disclose with reasonabk a¢curn¢y at
any time the fm2nci81 position of the charitable company and enable them to ensure that the financial statements comply
with the Companies Act 21106. They are also r¢spoTJsible for safeguarding ihe assets of the ¢haritLbl¢ ¢ompany and hence
for tsking reasonable steps for the prevention and detection of frnud and other irregularities.
The truste£s are responsible foT th¢ maint¢naDC¢ and inl¢grity of th¢ charity and financial information included on the
¢harity's websit¢ in ac¢ordan¢e with legislatiCTrn in the United Kingdom governing the preparation and dissemination of
financial statements.
Approved by th¢ Trustees on 18 July 2024 sxgrned on its behlf by
The Re
Trust
rend Canon FRther Darren Smlth SSC

ST JOHN'S GUILD
Reglstered Charity No. 1109399
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTELS OF ST JOHN'S GUILD
For the y¢ar ended 31 December 2023
I report lo lh¢ ¢hariTy's Trustees on my examination of the accounts of ihe ¢ompany for the year ended 31,
Decetnber 2023.
Responsibilities and b#sis for report
As Trustees {and also its directors for the purposes of company law) you are responsible for the prepardtioll of the
accounts in accordance with the requir¢m¢nts of the Companies Aci 2006 ('the 2006 Acl,).
Having satisfied myself thai tbe accounts of the Company are not required to be audited under Part 16 of th¢ 2006
Act and are eligwible tor ind¢pend¢nr examination, I report in r¢sp¢¢l Ot.m￿ e￿￿1t￿tiOn ofr your charity's accounts
as catTied out under section 145 of the Charities Act 2011 {'the 2011 Act,). En carry ing out my examination I have
followed the DitEctions giiFen by th¢ Charity Commission under section 145(5} (b} of the 2011 Act.
Independent examiner's sl*tenient
I confinn that I am qualified ro undertake the examination because l am a member ol. the Institute of Chort¢r¢d
Accountants in England & Wales. I have completed my examination. I confirm that no matters have come lo my
attention in connection with the ¢xamination giving me ¢aus¢ to belleve:
. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act. or
2. the accounts do not accord with those records- or
3. the accounts do nor comply with the accounting requirements of section 396 of the 2006 A¢t other than any
requiremeni that the 8c¢uunls give a'irue and fair vi¢w which is not a mailer considered as part of an
ind¢p¢ndent examination. or
4. the accounts hav¢ not bccn pr¢parcd in ac¢ordanc¢ with thc methods and principles of the Sta*ment of
Recommended Practice for accounting reporting by charitie5 applicable to charities preparing their accounts
An a¢¢ordan¢¢ with the Finan¢ial Reporting Standard applicabl¢ in th¢ UK and R¢publi¢ of Ireland (FRS 10?).
I have no coneerns and have come across no other matters in eonneetion with the examination to which attention
should be drawn in (his rep(*rt in order to enable a proper understsnding of ihe accounts to b¢ r¢achcd.
cholAs Slmkins FCA (ICAEW)
Butts Far
Great Haywood
Slaffordshi
ST18 OTF
18 July 2024

ST JOHN'S CUILD
Regls¢er¢d Charity No. 11119399
STATEMENT OF FINANCIAL ACTlVtTIES (incorporating Income and Expendlture Account)
For the year ended 31 December 2023
Endoiymettt
Funds
Unrestricted
Fund5
Totgl Fund5
2023
Total Funds
2022
Note
INCOME AND
ENDOWMENTS FROM:
Donations and legacies
In¢ome from investments
Charitable activities
4.622
142,815
2,691
4,622
142,815
2,691
16
133,053
576
Total irt¢oming resources
150,128
i.W,128
133,645
ExPEND￿URE ON:
ChariE&ble a¢iiviti¢$
Raiging funds
Other
89,884
22,740
4,391
89,884
22,740
4,391
43,739
22,950
6,767
Total resources expended
117,015
117,015
73,456
Net income/(expenditure)
before gains and losses on
investments
33,113
33,113
60,189
Nel gaiDsl{losses) from
investments
li
154.660
154,660
(200.381)
NET (EXPEIYDITURE) / INCOME
187,773
187.773
(146,192)
R¢eoneiliation of funds
Total fimds brought forward
1.241,931
2,759,543
4,001,474
4,147,666
Total funds carrled
foThard
1341,931
2,947,316
4,189,247
4,001,474
Th¢ nol¢s on pag￿ 10 10 21 fortn part of the5¢ financial slatcments.

ST JOHN'S GUILD
Registered Ch*rity ￿,￿. 1109399
STATEMENT OF FINANCL4L ACTIVITIES Oncorporaling lllcome and Expenditure A¢¢owit)
For the year ended 31 December 2022 (for comparalive purposes)
Lndowment
Funds
Unrestricted
Funds
lotal Funds
2022
Total Funds
2021
Note
INCOME AND
ENDOII'MENTS FROM:
Donations and legacies
Income from investments
Charitable activities
16
133,053
576
16
133,053
576
32
127.012
7,373
Total Incomlng resources
133,fA5
133,645
134,417
EXPENDITURE ON:
Charitable activities
Raising funds
Other
43,739
22,950
6,767
43,739
22,950
6,767
45,487
37,531
7,088
Total resources expended
73,456
73,456
90,106
N¢t lncornel{expendi￿reI
before gains and loss¢s on
inv¢sth¢nts
60,189
60,189
44Jll
Net gains fr(Trm PTOP¢rty
revaluations
IO/ll
734,830
N¢t gains/(losses) from
I￿ves￿n¢nts
(206,381)
(206,381)
247.606
NET (EXPENDITURI) I INCOME
(146,192)
{146,192)
104,831
Reeoneillarfon of fullds
Total funds bTought forward
1,241,931
2.905,735
4,147,666
3,120,919
Total funds earrled
forward
1,241,931
2,7S9*3
4,001,474
4,147,666
The notes on pages 10 to 21 forn part of these finwKial statements.

ST JOHN'S GUILD
Registered Charity No. 1109399
BALANCE SHEET
For the year ¢nded 31 D¢¢ember 2023
2023
21)22
Note
FIXED ASSETS
Tangible a5sels
Investments
10
230,612
3.902,634
230,765
3,670,944
4,133,246
3,901,709
CURRENT ASSETS
Debtors
C&sh at bAnk and in hand
12
3,346
56,445
4,681
99,034
59,791
103,715
CREDITORS: Amounts falling
due within one year
l3
(3.790)
(3.950)
Net current Assets
56.0(kl
99.765
Net Assets
4,189,247
4,IMII,474
FUIYDS
Endowm¢nt Funds
UJTrttstricted Funds:
14115
14115
.241,931
2,947,316
1,241,931
2.759.543
4,189,247
4.001,474
These financial ststernents have been prepared in accordance with the Special provisions for ￿11 companies und¢r Part
15 of the Companies Act 2006. For the fllMllcial year ended 31st December 2023 the company was entitled to exemption
under section 477 of the Compamies Act 2006 relating to small ¢ompani&8. No member5 hav¢ required the ¢ompany to
obtsin an audit of its accounts for the year ended 31$1 December 2023 in accordance with section 476 of the C¢)mponi¢s
Act 2(K16. The Trustees a¢knowledge their responsibility for ¢ornplying with the requirements of the Act with reSp￿t to
accounting records and for the prepardtion of a￿oUnts
The f]nancial $tslernent8 were approved by the Trustees ￿ 18 July 2024 Z
The R¢ver¢nd Canon Father D8rren Smlth (Trusttt) SSC...
The nol¢s on pages 10 to 21 forni part of these financial statements.

ST JOHNIS CUILD
Registered Charity No. 1109399
NOTES TO THE FINANCIAL SI'ATEMENTS
For the year ended 31 December 2023
C￿lIUTy INFOR￿TIoN AND COMPANY STATUS
St John's Guild is an incorporated charity regiSte￿d in England and Wales No. 1109399. The Registered
o￿l£e is 16 Commercial Stree4 Birniingbam, Bl IRS.
It is a company limir&J by guardntee. The Members are the ￿n￿teeS named on page l. In the eveni of the
company being wound up, the liabiliiy of the guarantee is liinited to £10 per member of the company.
ACCOUNTING POLICIES
The principal accounting policics adopted, judgenients and key sources of estimation uncertainty in the
prepardtion of the financial statements are &8 follows..
Basis of preparation on a going coneern bas15
Th¢ financial $thl¢ments have been wepared in accordance with A¢¢ounting and Reporting by Clwities:
StAtement of R¢c¢)mrn¢nd¢d Practicc applicable to cl)aritics prcparing their accounts in accordanee with the
Financial Reporting Stsndard appli¢abl¢ in th¢ UK and Rq)ublic of Ireland (FRS 102) leffeciive l January
2019) - (Chariti¢s SOR￿ (FRS 102)), the Financial Reporting Standard applicable in th¢ UK and Republic
of Ireland {FRS 102) and the Compalli¢s A¢t 2006.
The financial sta*ments ar¢ pr¢par¢d on a going ¢on¢ern ba$i$. Ass¢ts and liabilities are initially reCO￿lSed
at historical cost or transaction value unless otherwise srated in the relevant accounting policy note{s). The
functional and presentational cunency As GBP and the accounts alt ￿Unded to the nearesi £1.
The Guild meets the definition of a public benefit enrity under FRS 102. Assets and liabilities are initially
reeognised at hi$iori¢al cost or transaction value unless otherwise sthted in the relevant a¢￿untIng ￿)IlLY
noteg.
b)
Fund o¢rounting
General funds are unre5tii¢t¢d limds whi¢h arc available for us¢ at th¢ di$￿￿tiOn of the Trustees in
furtherance of the g¢n¢ral objxtiv¢s of th¢ Company and which hav¢ not b¢¢n d¢signat¢d for oih¢r pUr￿se5.
Desigttated fL￿d$cO￿prisc Un￿strICtEd funds thathav¢ bKn s¢t asid¢ by th¢ Trusts¢s forpartieular purposes.
The aim and of each dcsignated lund is sei oul in the llotes to the tinancial statcment&
Restricied funds are funds which are to be used in accordan￿ with specific restrictions imposed by donors
or which have beeD raised by th¢ company for particular purposes. The costs of raising and administeri￿g
such funds are charged against the 5￿cifiC fund. Th¢ aim and of ¢a¢h restricted fund is set out in the
notes to the f￿￿￿la1 ststem¢nts.
Endovrnient funds comprise the proceeds of sale of part of the land vested in the chariry on estsblishment
and various endowed proiKrties, adjusted for by any changes in the prO￿ty valuation.
10-

ST JOHN*S GUILD
Reglstered Chirlty No. 1109399
NOTES TO THE FINANCIAL STATETrtENTS
For the year ended 31 December 2023
In¢ome re¢ognition
All incoming resources are included in the Ststement of Financial AcliNities when the ¢harity has legal
entitlement to the income, the amount can be measured with sufficientreliability, and it 18 probable that the
income will be received.
For legacia. entitlement is the earliest of the company being notified of an impending distribution or the
legacy being received.
Donated facilities and donated profession81 services are recognised in income at their fair value when their
economic benefit is probabl< it can be M&￿llred reliably and the charity has control ovcr th¢ itcm. Fairvalu¢
is d¢termind OTh basi5 of th¢ value of the gift to the charity. For Q￿Mple. (he amount the charity would
b¢ willing to pay ill tb¢ open market for su¢h faciliti¢s and services. A corresponding arnount is recognised
in ¢xp¢ndinw¢.
Investment income is earned through holding Assets for inveslment purposes such as shares and property.
It includes dividends, interest and rent. Interest income is recognised using the effective iThterest meth(Kl
Ind dividend and rent incorne is recognised &s ihe charity's right to receive payment is estsblished.
d)
Expendithre recognition
All expenditure is accounted for on an accn￿[S basis and bas been included under expense cat¢gori¢s that
a¥gregate all Losts for allocation to activities. Expenditure is recognised where th¢Te is a legal or
constructive obligation to make payments to third parties, it is probable that the settlement will be required
and the amount of the obligation can be measuTed reliably.
Where costs cannot be directly attributed to particular aclivitics, they have b¢en allocated on a basis
consistent with the use of the resources.
Tanglble flxed a55ets and deprecl*don
Tangible fixed assets are stat¢d at cost Icss dcprcciation. Dcptrciation is provided at rates caleulated to
write off the cost of fjxed assets, less their estimated residual value, over their expecl¢d uscful lives on the
following bases..
FIX￿r¢S & Fitlings
tr equipment
IOty/o r¢ducing balance
- 20% reducing balance
No depr¢¢iation has been charbTed for the year on the freehold and leasehold buildings as the Truslc¢s
¢onsid¢r tha¢ the e¢onomic ]it¢ ofthe propety and its residua] value, excluding inllation, is such that th¢
annual dep￿CIatiOn charge and accumulated depreciation are not significant. The residual value of the
property is regularly reviewed and an impairment review carried out annually in order to id¢ntify any
pernydnent dtminutxon in value which would be charged to the profit and loss account. It is the Charity's
prdctice to mwintain ihe assets in a COntirLu&I state of gound repair f￿ which it ha8 a planned maintenance
programme. The property portfolio wa8 r¢valued in 2021.

ST JOHN'S GUILD
Registered Ch4rlty No. 1109399
NOTES TO THE FINANCIAL STATEMEiYrs
For the year ended 31 December 2023
Investment properties
Investment properties for which fair value can be tneasured reliably without undu¢ cost or ¢ffon are
measured at fair Tralue at each reporting date wilh changes in fair value recognised in "nei gainsl (losses)
on ii)vestmenlS" in ihe SOFA. The properties were revalued in 2021.
g)
Fixed asset investments
Investments are a fonm ot, basic fu￿nCIal inSt￿Ment and are initially recognised at their ￿n$3¢110n value
nd subs¢qucntly Incasurcd at their fair value as at the balance S￿¢1 dat¢ using the Llosing quoted market
price. The statement of financial actkvities includes the net gains and losses arising on revaluaiion and
disposals throughout the >ear.
The chariry does not acquire options. derivatives or other complex financial instruments. The main forni of
ruwncial risk faL¢d by the charity is that of volatility in equity inarkets and ini'estment mark¢ts due to wider
cconomic conditions. the attitude of investors lo investtnent risK and changes in scnlim¢nt Loncerning
¢quiti¢s and within particular Seclors or sub ￿t0[s. The inveslments are all UK lisied investments
managed by a firm of investment brokers on behalf of the charity.
All gains and10&8e8 are taken to the S¢akment ofFItw￿.lal Aclivities as they arise. Realised gains and losses
on investments are Lalculated as th¢ diff¢r¢n¢¢ b¢rwe¢rt sales pro¢eeds and their opening carrying value or
their putthase value if acquir￿] subsequent lo the fwst day of the financial year. Unrealised gains and IosKs
are calcula*d as ihe difference between the fair value at the year end and their carrying value. Realised and
unrcalised investment gains and losses are combined in the Statemeni of Financial Activili¢s.
h)
Deb¢or5 and credltors reeelvable I payable withln one year
Debtors and ¢reditors with no stated intercst ratc and rcccivablc or payablc within one year aff r¢¢orded
at transaciion price. Any losses arising from impairnient are recognised in expenditure.
Tax
The charity is an cxcmpt charity within the meaning of schedule 3 of the Charities Aci 201 l and is congidered
to pass the tests set out in Paragraph I Schedule 6 Finance Act 2010 and therefore it meets the der￿ltIOn of a
charitable company for UK COLyofdtion tax PULposes.
J)
Irrecoverable VAT
The Charity is not registered for VAT. Irrecoverable VAT is included within the relevant expcns¢ on which
tt is charged.

ST JOHN'S GUILD
Registered Cb8rity No. 1109399
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For the year ended 31 December 2023
k)
Financial iD5truments
The Charity only has financial a&8ets and finallcial liabilities of a kind that qu&lify as basic financial
instruments. Basic fllwncial instruments are inilially r¢cognised at transaction ￿Ille and subwuently
measured at their settlemenL
Financial assets that are measured at COSt and amortised c(Trst ar¢ a5￿￿d at the end of each rep)rting period
for objective efvidence of impairnient. If objective evidence of irnpairni¢nt is found. an impairni¢nt loss is
recognised in the Statemenl of Financial Activitie8. Financial ass¢ts that are me&s￿￿d at fairvalue atr valued
based on valuations obtained at the year-end.
i)
Judgmelltg th applying #¢¢ounting poJieie5 and key sour¢e$ of e8tima¢fion uncertalnty
In preparing the Financial Statements: the Trustets are required to make estimates and assumptions whlch
aff¢ct reported income, expenses, assets, liabilitxes and disclosure of conting¢nt ass¢ts and liabilities. Use of
available information and application of judgement are inherent in the forniation of eslimates, together with
ex￿CtatIOnS of future events that believed to be reasonable under the circumstances. Act￿1 results ill the
futyr¢ ¢ould diff¢r from such estimates. There are no key assumptions or other sources of ¢stimation that
have a significant risk of cavsing a material adjusttneni to the ¢arrying values of assets and liabilities within
the next financial year.

ST JOHN'S GUILD
Registered Chwity No. 1109399
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For the year ended 31 December 2023
DONAI'IONS AND LEGACIES
2023
2022
Donations frorn members
Legacies
72
4,550
16
INVESTMEh'T INCOME
2023
2022
Investment income
51,191
47,446
Interest on cash deposits
20
44
Rental income
91.604
85,563
142
133,053
INCOME FROM CTrL4RITABLE AcfiviTIES
2023
2022
Member subsrriplions
Other income
576
2,351
2,691
576
EXPLNDITURE ON RA]S￿G FUNDS
2023
2022
Investment property expenses
22.740
22,950
22,740
22,950

ST JOHN'S GUILD
Reglstsred Charlty No. 1109399
NOTES TO THE FINANCLiL STATEMENTS {Conthiued)
For the year ended 31 December 20LI
ANALYSIS OF CIL4RITABLE ACTIVITILS
2023
2022
Parish grants (nole 7)
Office rent
Walsingharn
Insuranc¢
Repairs and ren¢wals
43,370
10,840
3,363
655
3,255
1,835
10,840
1,916
613
534
2,334
143
4.200
20,384
1,398
612
191
161
413
Telephone
Printing, postagc and stAtionery
Wages and salari¢s
National insurance
Pension ¢onffil)ution
Depreciation
Bank chaTg¢s
Sundry
4,216
21,461
153
92
89,884
43,739
ANALYSIS OF GRANTS PAtD
The grdnts are in fLvtherance of the maill objects as set out in the Trustees. Annual Report. The trUS￿s, PKplicy for
making grants is to consider applications and priotitise those grants Seen as pursuing the objectives most efficiently.
New sound and video systems
Printing for Walsingham
41,902
1,468
43,370

STJOHN?S GUILD
Reglstered Ch8rity No. All)9399
NOTES TO THE FINANCIAL STATEMENTS (Contlnued)
For the year ended 31 Deeernber 2023
OTHER EXPENSES
2023
2022
Independent examinatio
Bookkeeping fees
Tru$t¢cs cxpcnscs
Professional fees
3,410
443
538
3.250
1,466
618
1,433
4J91
6,767
TRUSTEES. EXPENSES AND REMUNERATION
During the year £538 {2022 - £618) was reimbursed in out-of pwket expens¢s two lrnstees {2022- two) This
c¢)nsisted of reimbursements of travel exwises to meeiin&8 and events.
There were no outsthnding balances due to or from Trnsiees ai the year-end {2022- nil).
No Irusttts ￿C¢1V￿ any remuneration or benefits in kind in the year (2022- Nil).
io.
STAFF COSTS
2023
2022
Wages and s&lari¢s
s(￿la1 security ¢OSiS
Pension costs
21,461
20,384
1.398
Ol2
22,105
22,394
No emplo￿ ¢arned £fA>,000 pa or Inore.
TIK average nwnber oft"employees dwing the Y￿ was..
2023
2022
No
Administration
16-

ST JOHN?S GUILD
Registered Ch*rity No. 1109399
NOTES TO THF. FtNANCIAL STATEMENTS
FOT the y￿r ended 31 Deeember 2023
11. TANGIBLE FIXED ASSETS
Long term Flxtures &,
leasehold
Fittings
property
Tot*1
COST
l January 2023
Revaluation l additions
230,OIXI
4,738
234,738
31 Deccmbcr 2023
230,000
4,738
234,738
ACCUMULATED DEPR￿cIATIoN
l January 2023
Charge for the year
3,973
153
3,973
153
31 December 2023
4,126
234,126
NET BOOK VALUE
31 Decetnber 2023
230,000
612
230,612
31 D¢c¢mbtt 2022
230,000
765
230,765
The leasehold property comprises Flat 6 St Raphael's Court StAlbans, which is used by the charity for op¢rdtional
use.
Valuation at as 31 December 2020 w&$ £80,000. During 2021 the TnL8tees obtained a professional valuation of
this propetyby McNeill Lowe and Palmer, a firni of Chartered Surveyors. The propety was revalued at mark¢t
Wdlue on 6 July 2021 at £230,000 an in¢rease in value of £150, 000. The revaluation increase of £150,0￿ wa8
allocated to the St Raphael's Endowm¢rti Fund.
17-

ST JOHN'S GUILD
Reglstered Chartty No. 1109399
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For the year et)ded 31 Detember 2023
12. FIXED ASSET INVESTMENTS
Investment
properti¢s
Ltsted
Investments
Cash held by
Investment
brukers
Total
Market value at l January 2023
Gains l (Losses) in the year in SOFA
Additions & disposals
Income retained
2,024,700
1,643,860
154,660
2.384 3,670,944
154,660
75,000
2.029
75,0(K)
2.029
Market value at 31 December 2023
2,024,700
1,798.520
79A13 3,902,633
Market value at l January 2022
Gains l {Loss¢81 in th¢ year in SOFA
Additions & diSp￿]S
1,81M),000
1.750.272
{206,412)
100,000
2,353 3,552,625
31
(206,381)
324,700
224,700
Mark¢t value at 31 December 2022
2,024,7(
1,043,860
2 J84 3,670,944
Investments are held primarily to provide an investtnent return for the charity. They are listed on a recogDiScd
stock exchange. Holdings in common investment fund4 unil tnjsts and open-ended investment companies are at
Ihe bid price. lThe basis of fair value for quoted investment5 is equivalertt to the markei value, using the bid pricc.
Assei sales and purchases are reCO￿lSed ai the date of trade at cost {that is their transaction value).
Details of investsnents comprising more riml of the market value of the toral investment portfolio are as
follows:
2023
2022
C CLA - Church of L.ngland Invesknent Fund Income Shares
CCl,A- Church of England De￿slI Fund
CCLA- Generdl Sectttary Fund
1.506,685 80.20/.
79.413
291,835 15.5 %
1,377.120 83.6 /v
2,384 0.20/•
266.740 16.2Q/y
All the fLxed asset investments are held in the UK.

ST JOHN'S GUtLD
Reglstered Charlty Lyo. 1109399
NOTES TO THE FINANCIAL STATEMENTS (Condnu¢d)
For the year ended 31 December 2011
Inv¢8lment troperties comprise units at St Raphael's Court St Albans.
Valuation at as 31 December 2022 & 2023
Flat 3 £240.(M)O
Flat 4 £240,IX)o
Flat 5 £230,IKIO
Flat 7 £420,IX)o
Flat 8 £440,(KIo
Flat 10 £230,(K
Flat 11 £224,700
Tothl £1024.7(X)
The vdluation at as 31 December 2020 was £1,125,170. During 2021 tbe Ttustees obtained a professional
valuation of tbis pr(werty by McNeill Lowe and Pa]mer, a fmn of Chartetrd Swveyot3. The properties were
revalued at market value OD 6 July 2021 at £1,8(M),000 an increase ID value of £584,830.
The revaluation in¢rease of £584.830 was allocat￿ as follows..
St Rjphael's Endowm¢nt Fund £50,0(K)
Urtrestrtc*d General Fund
£534.830
13. DEBTOKS
2023
2022
Trade debtors
3,346
4,681
3J46
4,681
14.
CREDITORS: Amoun13 falling due Ivithin one year
2023
2022
Ac¢n￿S and deferred inconLe
Other
3.790
3,250
700
3,790
3,950
19-

ST JOHN'S GUILD
Registered Charity No. 1109399
L%OTES TO THE FINANCIAL s'fA'fEMENTS (Conthiued)
For the year ended 31 December 2023
AS.
ANALYSIS 0F￿T ￿$SETs BETWEEN FUNDS
Endowment
Fundy
UnrtBtrl¢itd
Fund$
Total
Tangible f￿￿aSset$
Fixal 3&set iTrvestrnenls
Inveslment pJvrLTtie
CuTr¢nl awts
Cr￿110T$.. amounts tallit)¥due withm year
230.IWJO
77l.Y31
240.INK
612
1.106.W3
1,784.7
59.791
(3,7411
231).612
1377,934
?.024.7
59,791
(3.7901
1341,931
2.947J16
4.189.Z47
16.
FUNDS RECONCILIATJON
Balintt a¢ I
Januxry 2023
Ineomlng
ReBources
OlllgoIng TrAnsf¢rs
Resources
Bilance it 31
& Property
gal￿￿1(10$$¢P)
23
Unrestrl¢ttd funds
De$ignared fW￿- G¢nerdl s￿r¢i￿ry
fund
GeneMI fund
175,0(YJ
175,IKM
1584.543
150,128
154,6(I
2.772,316
1759543
150.128
(I17.OlS)
154.060
2,947Jlfj
Endowment funds
St Raphael'b
Ann¢ Lloyd Memorial Ttusi
],2￿,68(
41,250
I,2￿,681
41,250
1341.931
1341,931
4.001.474
150.128
{1 17.0151
iY.660
4,189,247
The GtLKYiI Futtd-tcprEsa]ts thcunTe5triao4 futK& which thE ÉrustCLS arc fttcto in ac£otth¢e with the tharithblcobj(¥tivcs.
ljesigDNted F￿nd-Gett￿l S#Mary fU￿J-[heT￿S*e8haVeSet￿gldeIn202l £175,(KX) fromih¢G¢n¢rnl F￿￿tts slipEy)rt￿d futMI theappoujttnejx
of a General Secrelary.
Ettdowed Futtsls-comprises variws etKiow¢d [KOperti￿ and the i])￿1￿1 pro¢¢edsof the sttiL of txrt of land VeS￿j in the tyhariiy on
¢$tablishmLTI, wjjustrd for by aw vhanges in Ih¢ prop(¥ty valuatson.
-zo-

ST JOHN'S CUILD
Registered Ch4rlty No. 1109399
NOTES TO THE FINANCIAL STATEMENTS (Contlnued)
For the year ended 31 December 2023
17. RELATED PARTY TRANSA ￿loNs
Father Dam Smith is the (]¢nernl S￿retary of Additional Curate5 Society and a Tn￿tee of St John's Guild.
Payments totalling £l1,19) (2022- £11,900) We￿ made to the Additional Curates Society for admitListratiOT] costs
and renL
There was no bolanc¢ du¢ to or from Additional Curates Society at 311)ecember 2023 (2022- £nil)
-21-