## Activities of the St Mary with St Paul Trust for 2020 

## **Members of the Trust** 

Leslie Atwood (Chairman) Paul Durkin Frank Batt Tim Jones  (left 20 October 2020) Valerie Cock  (left 13 October 2020) Rev Sian Yates Victoria Howard (appointed 20 October 2020) 

## **Meeting Dates** 

9 January 2019 10 July 2020 13 October 2020 20 October 2020 

## **Trustees** 

Changes to Trustees during year as set out above. 

## **Awards Made** 

|10|July 2020|Penlee Cluster|£10,000|
|---|---|---|---|
|10|July 2020|Holiday Club|<br>£2,000|
|20|October 2020|Penlee Cluster|£17,500|
|20|October 2020|St. Mary’s Church|£4,000|



Awards reflected the increase requirements of the churches and the Cluster to support the increases in expenditure and requirement for financial assistance due to the Covid pandemic. 

## **Costs** 

Accrued for John Underhill (Independent Examiner) £200 



ST. MARY WITH ST. PAUL TRUST REGISTERED CHARITY NO. 1133891 

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 2020 

|||_Unrestricted_|_Restricted_|_Endowment_|_TOTAL_|_TOTAL_|
|---|---|---|---|---|---|---|
|||_Funds_|_Funds_|_Funds_|_2020_|_2,019_|
|||£|£|£|£|£|
|**RECEIPTS**|||||||
|Investment receipts|||||||
|Dividends received||754||10,959|11,713|13,463|
|Other receipts|||||||
|Sale of ivestments||13,636|−|127,219|140,855|117,771|
|**TOTAL RECEIPTS**||14,390|0|138,178|152,568|131,234|
|**PAYMENTS**|||||||
|Awards||29,250|4,000|−|33,250|18,000|
|Investment Management Fees|Investment Management Fees|326||4,506|4,832|4,885|
|Independent Examination||400|||400||
|||29,976|4,000|4,506|38,482|22,885|
|Purchase of Investments||17,216|−|108,476|125,692|107,276|
|**TOTAL PAYMENTS**||47,192|4,000|112,982|164,174|130,161|
|SURPLUS/(DEFICIT) before transfers||-32,802|-4,000|25,196|-11,606|1,073|
|Transfer between funds||33,604|-151|-33,453|0|−|
|||802|-4,151|-8,257|-11,606|1,073|
|Bank and cash blaances at 1 January 2020||7,926|4,151|13,035|25,112|24,039|
|Bank and cash blaances at 31 December 2020||£8,728|£0|£4,778|£13,506|£25,112|
|ST. MARY WITH ST. PAUL TRUST|||||||
|REGISTERED CHARITY NO. 1133891|||||||
|STATEMENT OF ASSETS AND LIABILITIES|||||||
|AS AT 31ST DECEMBER 2020|||||||
|||_Unrestricted_|_Restricted_|_Endowment_|_TOTAL_|_TOTAL_|
|||_Funds_|_Funds_|_Funds_|_2020_|_2019_|
|Investments at cost|Note 1|£31,901||£383,150|£415,051|£385,451|
|Monetary Assets|||||||
|Funds held by Brewin Dolphin||3,708||4,778|8,486|19,895|
|Bank Account||5,020|||5,020|5,217|
|||£8,728|£0|£4,778|£13,506|£25,112|
|Monetary Liabilities|||||||
|Accrued Charges||£200|£0|£0|£200|£200|
|Note 1<br>The market value of investments as at 31 December 2020 was £529,106   (2019 £525,745)|||||||



30 October 2021 ~~— ; —.~~ Paul Durkin Treasurer Date