Activities of the St Mary with St Paul Trust for 2023
Members of the Trust
Leslie Atwood (Chairman) Paul Durkin Frank Batt Rev Sian Yates
Meeting Dates
The Trustees met on 8[th] February 2023 to review the financial performance and to consider funding proposals for 2023. A further virtual meeting was held in October 2023 to approve the 2022 accounts that had been circulated.
Trustees
It was proposed that Rev. Sian Yates should ask Valerie Cock to become a Trustee.
Awards Made
An award of £8,000 towards the cost of the administrator for the Penlee Cluster was approved. It was also agreed that further funding would be available to fund a grant bid writer would be considered when a firm proposal was received. Other funding would require clear proposals to be submitted. The trustees would meet when such proposals were submitted.
Costs
Accrued costs for John Underhill (Independent Examiner) of £400 would be paid by Paul Durkin and it was agreed to pay him on submission of a reclaim.
It was further agreed that John Underhill be re-appointed as Independent Examiner.
ST. MARY WITH ST. PAUL TRUST REGISTERED CHARITY NO. 1133891
RECEIPTS AND PAYMENTS ACCOUNT AS AT 31ST DECEMBER 2023
| RECEIPTS Investment receipts Dividends received Other receipts Sale of ivestments TOTAL RECEIPTS PAYMENTS Awards Investment Management Fees Independent Examination Purchase of Investments TOTAL PAYMENTS SURPLUS/(DEFICIT) before transfers Transfer between funds Bank and cash blaances at 1 January 2023 Bank and cash blaances at 31 December 2023 |
Unrestricted Funds £ 1,122 10,873 11,995 8,000 534 400 8,934 27,163 36,097 -24,102 32,670 8,568 £13,853 £22,421 |
Endowment Funds £ 13,218 92,994 106,212 0 5,231 5,231 93,941 99,172 7,040 -32,670 -25,630 £32,417 £6,787 |
TOTAL 2023 £ 14,340 103,867 118,207 8,000 5,765 400 14,165 121,104 135,269 -17,062 0 -17,062 £46,270 £29,208 |
TOTAL 2022 |
|---|---|---|---|---|
| £ 12,167 48,641 |
||||
| 60,808 | ||||
| 0 5,290 0 |
||||
| 5,290 38,565 |
||||
| 43,855 | ||||
| 16,953 0 |
||||
| 16,953 29,317 |
||||
| £46,270 |
ST. MARY WITH ST. PAUL TRUST REGISTERED CHARITY NO. 1133891
| STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST DECEMBER 2023 Investments at cost Note 1 Monetary Assets Funds held by Brewin Dolphin Bank Account Monetary Liabilities Accrued Charges Note 1 The market value of investments as at Paul Durkin Treasurer |
Unrestricted Endowment Funds Funds £37,093 £422,563 5,801 6,787 16,620 £22,421 £6,787 £400 £0 31 December 2023 was £534,076 (2022 £492443) |
TOTAL 2023 £459,656 £12,588 16,620 £29,208 £400 Date 2 October 2024 |
TOTAL 2022 |
|---|---|---|---|
| £422,308 | |||
| 41,250 5,020 |
|||
| £46,270 | |||
| £600 | |||
•: JLU Consultancy The Old Stsndard Keigwin Place Mousehole Pen7gnce TR19 6RR John L U4derhill ¥CA The Trustees St Mary with St Paul Tnt 35 For¢ Street Newlyn Penzance TR18 SJP TellFax: 01736 73?070 07718 7811$6 Emlil.. (r referen¢¢: Ywr refere4K¢. 7 October 2024 Independent examiner's Report I r¢port to the trustees on my examination of the Re(YiPts and Payments account of the trust for the year ended 31 December 2023. Re8ponsibilitieJ Ind basis of report The trustees are resN)nsible for the prepardtion of th¢ accounts. I rew)rt in respect of my examination of the Tnt'S accounts. In carrying out my examination I have followed all the applicable Directions given by the Chan'ty Commission. Independent examiner'$ statement I have completed my examlnation. I confimi that no malerial matters have come to my attention in connection with the examination giving me Cause to believe that in any material res¢t. accounting records were not kept" or the accounts do not accord with those r¢¢ords. I have no concerns and have come across no other matters in wnnection with the examination to which attention should be dra in this rewrt to enabl¢ a proper understanding of the accounts to be reached. ohn L Underhill