| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 5 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | ||||
| Notes to the Financial Statements | 9 | to | 17 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | |||||||
| INCOME | AND ENDOWMENTS FROM | ||||||
| Donations | and legacies | 139,912 | 48,703 | 188,615 | 73,871 | ||
| Charitable | activities | ||||||
| Charitable | activities | 22,318 | 1,448 | 23,766 | 22,375 | ||
| Investment | income | 2 | 1,612 | 1,612 | 1,532 | ||
| Other income | 4,320 | 4,356 | 8,676 | 11,125 | |||
| Total | 168,162 | 54,507 | 222,669 | 108,903 | |||
| EXPENDITURE ON | |||||||
| Charitable | activities | ||||||
| Charitable | activities | 126,537 | 5,399 | 131,936 | 119,657 | ||
| Net gains/(losses) on investments |
(7,055) | (7,055) | 7,568 | ||||
| NET INCOME/(EXPENDITURE) | 34,570 | 49,108 | 83,678 | (3,186) | |||
| RECONCILIATION | OFFUNDS | ||||||
| Total funds | brought forward |
57,088 | 12,944 | 70,032 | 73,218 | ||
| TOTAL FUNDS CARRIED FORWARD | 91,658 | 62,052 | 153,710 | 70,032 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | I | ||||
| FIXEDASSETS | |||||
| Tangible assets | 6 | 9,434 | 9,434 | 10,304 | |
| Investments | 7 | 56,777 | 56,777 | 63,808 | |
| 66,211 | 66,211 | 74,112 | |||
| CURRENT ASSETS | |||||
| Debtors | 8 | 3,084 | 3,084 | 3,110 | |
| Cash at bank | 33,711 | 62,052 | 95,763 | 24,205 | |
| 36,795 | 62,052 | 98,847 | 27,315 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
9 | (7,597) | (7,597) | (21,985) | |
| NET CURRENT ASSETS | 29,198 | 62,052 | 91,250 | 5,330 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 95,409 | 62,052 | 157,461 | 79,442 | |
| CREDITORS | |||||
| Amounts falling due after more than one year |
10 | (3,751) | (3,751) | (9,410) | |
| NET ASSETS | 91,658 | 62,052 | 153,710 | 70,032 | |
| FUNDS | 13 | ||||
| Unrestricted funds |
91,658 | 57,088 | |||
| Restricted funds | 62,052 | 12,944 | |||
| TOTAL FUNDS | 153,710 | 70,032 |
| STAFFC | OSTS | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Wages and | salaries | 11,872 | 11,666 | |||
| 11,872 | 11,666 | |||||
| The average monthly | number ofemployees | during the year was as follows: | ||||
| 2022 | 2021 | |||||
| Finance and administration | 2 | 2 | ||||
| Cleaner | 1 | 1 | ||||
| Organist | 2 | 2 | ||||
| No employees received emoluments |
in excess off60,000. | |||||
| COMPARATIVKS | FORTBESTATEMENT OFFINANCIAL ACTIVITIES | |||||
| Unrestricted | Restricted | Total | ||||
| funds | funds | funds | ||||
| f | ||||||
| INCOME | AND ENDOWMENTS | FROM | ||||
| Donations | and legacies | 73,871 | 73,871 | |||
| Charitable | activities | |||||
| Charitable | activities | 20,787 | 1,588 | 22,375 | ||
| Investment | income | 1,532 | 1,532 | |||
| Other income | 8,527 | 2,598 | 11,125 | |||
| Total | 104,717 | 4,186 | 108,903 |
| COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES - continued | COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES - continued | COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES - continued | COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES - continued | COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES - continued | ||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| funds | funds | funds | ||||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Charitable activities |
117,097 | 2,560 | 119,657 | |||
| Net gains on investments | 7,568 | 7,568 | ||||
| NET INCOME/(EXPENDITURE) | (4,812) | 1,626 | (3,186) | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward |
61,900 | 11,318 | 73,218 | |||
| TOTAL FUNDS CARRIED FORWARD | 57,088 | 12,944 | 70,032 | |||
| 6. | TANGIBLE FIXED | ASSETS | ||||
| Freehold | Computer | |||||
| properly | equipment | Totals | ||||
| COST | ||||||
| At 1 January 2022 and | 31December 2022 | 9,434 | 30,350 | 39,784 | ||
| DEPRECIATION | ||||||
| At 1 January 2022 | 29,480 | 29,480 | ||||
| Charge for year | 870 | 870 | ||||
| At 31December 2022 | 30,350 | 30,350 | ||||
| NET BOOK VALUE | ||||||
| At 31December 2022 | 9,434 | 9,434 | ||||
| At 31December 2021 | 9,434 | 870 | 10,304 | |||
| Fixed assets, included | in the above, which are held under | hire purchase | contracts are as follows: | |||
| Computer | ||||||
| equipment | ||||||
| COST | ||||||
| At 1 January 2022 and | 31December 2022 | 10,081 | ||||
| DEPRECIATION | ||||||
| At 1 January 2022 and | 31December 2022 | 10,081 | ||||
| NET BOOK VALUE | ||||||
| At 31December 2022 | ||||||
| At 31December 2021 |
| Unlisted | ||||
|---|---|---|---|---|
| investments | ||||
| MARKET VALUE | ||||
| At 1 January 2022 | 63,808 | |||
| Additions | 24 | |||
| Revaluations | (7,055) | |||
| At 31December | 2022 | 56,777 | ||
| NET BOOK VALUE | ||||
| At 31December | 2022 | 56,777 | ||
| At 31December | 2021 | 63,808 | ||
| There were no investment | assets outside the UK. | |||
| Cost or valuation | at 31December 2022 is represented | by: |
| Unlisted | ||||
|---|---|---|---|---|
| investments | ||||
| Valuation | in | 2022 | 51,039 | |
| Cost | 5,738 | |||
| 56,777 | ||||
| DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2022 | 2021 | |||
| Trade debtors | 554 | 672 | ||
| Other debtors | 2,160 | 2,110 | ||
| Prepayments | and accrued income | 370 | 328 | |
| 3,084 | 3,110 |
| 9. | CREDIT | ORS: AMOUNTS FALLING DUK WITHIN ONE YEAR | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Other loans (see note 11) | 5,000 | 5,000 | ||
| Hire purchase (see note 12) | 658 | 2,470 | ||
| Accruals | and deferred income | 1,939 | 14,515 | |
| 7,597 | 21,985 | |||
| 10. | CREDITORS: AMOUNTS FALLING DUE AFTERMORE THAN ONE YEAR | |||
| 2022 | 2021 | |||
| Other loans (see note 11) | 3,751 | 8,750 | ||
| Hire purchase (see note 12) | 660 | |||
| 3,751 | 9,410 | |||
| 11. | LOANS | |||
| An analysis ofthe maturity ofloans is given below: | ||||
| 2022 | 2021 | |||
| Amounts | falling due within one year on demand: | |||
| Diocesan | loan | 5,000 | 5,000 | |
| Amounts | falling between one and two years: | |||
| Diocesan | loan | 3,751 | 8,750 |
| 2022 | 2021 | ||
|---|---|---|---|
| Net obligations | repayable: | ||
| Within one year | 658 | 2,470 | |
| Between one and five years | 660 | ||
| 658 | 3,130 |
| MOVEMENT IN FUNDS | |||
|---|---|---|---|
| Net | |||
| movement | At | ||
| At 1/1/22 | in funds | 31/12/22 | |
| Unrestricted funds |
|||
| General fund | 46,784 | 35,440 | 82,224 |
| Fixed Asset fund | 10,304 | (870) | 9,434 |
| 57,088 | 34,570 | 91,658 | |
| Restricted funds | |||
| Mission income | 4,801 | (298) | 4,503 |
| Walsingham | 366 | 703 | 1,069 |
| Cantantes Domino |
1,534 | 1,534 | |
| Donations and legacies |
779 | 779 | |
| Tea dance holiday fund | 79 | 79 | |
| Choir fund | 150 | 150 | |
| Parish feast | 235 | 235 | |
| Lighting fabric fund |
5,000 | 5,000 | |
| RoofFund | 48,703 | 48,703 | |
| 12,944 | 49,108 | 62,052 | |
| TOTAL FUNDS | 70,032 | 83,678 | 153,710 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| resources | expended f |
losses f |
in funds | |||
| Unrestricted | funds | |||||
| General fund | 168,162 | (125,667) | (7,055) | 35,440 | ||
| Fixed Asset | fund | (870) | (870) | |||
| 168,162 | (126,537) | (7,055) | 34,570 | |||
| Restricted funds | ||||||
| Columbarium/Garden | ofRepose | 475 | (475) | |||
| Mission income | 1,448 | (1,746) | (298) | |||
| Walsingham | 3,881 | (3,178) | 703 | |||
| RoofFund | 48,703 | 48,703 | ||||
| 54,507 | (5,399) | 49,108 | ||||
| TOTALFUNDS | 222,669 | (131,936) | (7,055) | 83,678 |
| Comparatives for movement in funds |
|||
|---|---|---|---|
| Net | |||
| movement | At | ||
| At 1/1/21 | in funds | 31/12/21 | |
| Unrestricted funds |
|||
| General fund | 45,416 | 1,368 | 46,784 |
| Fixed Asset fund | 16,484 | (6,180) | 10,304 |
| 61,900 | (4,812) | 57,088 | |
| Restricted funds | |||
| Mission income | 3,532 | 1,269 | 4,801 |
| Walsingham | 9 | 357 | 366 |
| Cantantes Domino |
1,534 | 1,534 | |
| Donations and legacies |
779 | 779 | |
| Tea dance holiday fund | 79 | 79 | |
| Choir fund | 150 | 150 | |
| Parish feast | 235 | 235 | |
| Lighting fabric fund | 5,000 | 5,000 | |
| 11,318 | 1,626 | 12,944 | |
| TOTAL FUNDS | 73,218 | (3,186) | 70,032 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted funds |
|||||
| General fund | 104,717 | (110,917) | 7,568 | 1,368 | |
| Fixed Asset fund | (6,180) | (6,180) | |||
| 104,717 | (117,097) | 7,568 | (4,812) | ||
| Restricted funds | |||||
| Columbarium/Garden | ofRepose | 546 | (546) | ||
| Mission income | 1,588 | (319) | 1,269 | ||
| Walsingham | 2,052 | (1,695) | 357 | ||
| 4,186 | (2,560) | 1,626 | |||
| TOTAL FUNDS | 108,903 | (119,657) | 7,568 | (3,186) |