| HON PRESID TRUSTEES |
ENT | The Bishop of Salisbury | (ex-officio) | (ex-officio) | |||
|---|---|---|---|---|---|---|---|
| The following, | collectively | referred to as the Committee |
of Management, | served as the Trust's trustees | during | the year | |
| and to date: | |||||||
| The Rt Rev K | Gorham | The Bishop ofSherborne, | nominated | Chairman | |||
| Mrs M Chlnchen | (Nominated, by Bishop's |
Council) | |||||
| Mrs K Leader | (Co-opted, Wiltshire) | ||||||
| Mrs H Bland | (Co-opted, Dorset) | ||||||
| Mrs G Lovatt | (Co-opted, Deanery ofSwindon) | ||||||
| Ms EAshmead | (Salisbury DBFHead of | Finance, ex-officio | trustee) | ||||
| Mr P Musselwhlte | (Co-opted) |
| Iota! | ~o | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| )/ILrrLr)9(efl | I)~r~t | ||||||||
| ~Fu ds | Egnnss | ||||||||
| Note | 2020 | 2019 | |||||||
| INCOME FROM: | |||||||||
| Donations and legacies |
|||||||||
| Donations | 75 | 95 | |||||||
| Deaf Church collections | 125 | ||||||||
| 75 | 220 | ||||||||
| Investments | |||||||||
| Dividends | 62,211 | 76,469 | |||||||
| Interest on cash deposits | 1348 | 1 239 | |||||||
| 63,559 | 77,708 | ||||||||
| TOTAL INCOME | 63 634 | 77,928 | |||||||
| EXPENDITURE ON: | |||||||||
| Charitable activities |
|||||||||
| Grants payable | 61,005 | 75,365 | |||||||
| Repairs to Chaplain's | House | 7,523 | |||||||
| Direct Deaf ministry | expenditure | 684 | 550 | ||||||
| TOTAL EXPENDITURE | 69,212 | 75,915 | |||||||
| NET INCOME/EXPENDITURE | BEFORE | ( 5,578) | 2,013 | ||||||
| NET GAINS/(LOSSES) | ON INVESTMENTS | ||||||||
| Net gains/(losses) on Investments |
67,523 | 262,178 | |||||||
| NET MOVEMENT IN FUNDS |
61,944 | 264,191 | |||||||
| RECONCILIATION IN FUNDS: |
|||||||||
| Total funds brought forward |
2,182,246 | 1,918,055 | |||||||
| Total funds carried forward | 2244 190 | 2 | 2182246 | ||||||
| BALANCE SHEET AT | 31 DECEMBER 2020 | ||||||||
| Ioot( | ~ta | ||||||||
| IJIII98(rulc~Fs | I/0(gee rjcCt ~uds |
||||||||
| Note | 2020 | ~201 | |||||||
| FIXEDASSETS: | |||||||||
| Tangible Assets | 4 | 322,451 | |||||||
| Investments | |||||||||
| Listed Investments | 5 | 1 824 221 | 1 756,698 | ||||||
| 2,146,672 | 1,756,698 | ||||||||
| CURRENT ASSETS: | |||||||||
| Cash at bank snd in hand | |||||||||
| CBFDeposit Fund | 153,175 | 478,718 | |||||||
| Cash held by Salisbury | DBF | 15,601 | 8,756 | ||||||
| 168,776 | 487,474 | ||||||||
| LIABILITIES: | |||||||||
| Creditors: amounts falling |
due within | ||||||||
| one year | 7 | ( 71,259) | ( 61,926) | ||||||
| NET CURRENT ASSETS | OR LIABILITIES | ~7 518 | 425 548 | ||||||
| TOTAL NET ASSETSOR | LIABILITIES | 2 | 2244190 | 2 | 2 182,246 | ||||
| THE FUNDS OF THE CHARITY: | 1c | ||||||||
| Unrestricted funds |
6 | 2,244,190 | E | 2,182,246 | |||||
| These flnandal statements |
were | approved | by the Trustees on | 2-5 | C7Lt43(9s7 2xo2-I |
||||
| signed on their behalf by: |
| Cost ofcharitable activities |
Cost ofcharitable activities |
Cost ofcharitable activities |
GGal)QJikiit | GGal)QJikiit | GGal)QJikiit | costs | 020 | ~219 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (Note 3) | ||||||||||||
| Grants to organlsatlons | ||||||||||||
| Salisbury Diocese - for deaf chaplaincy | 45,397 | 401 | 45,798 | 60,503 | ||||||||
| Bristol Diocese -for deaf chaplaincy |
7,000 | 401 | 7,401 | 7,503 | ||||||||
| Salisbury Deaf Social | Club | 3,500 | 401 | 3,901 | 4,003 | |||||||
| Salisbury Llpreaders |
1,200 | 401 | 1,601 | 1,703 | ||||||||
| BSLBible Translation | proJect | 1,000 | 401 | 1,401 | ||||||||
| Deaf Anglicans Together |
500 | 401 | 901 | 1,003 | ||||||||
| Grant for Conference | 653 | |||||||||||
| 6 | 58,597 | 8 | 2,408 | F | 61,005 | 6 | 75,365 | |||||
| Support costs are allocated | squally between ths grant | recipients | for | the | year. | |||||||
| ~Gv | r~nncrL | ~su | crt | T~tl | 4 | |||||||
| Support costs | costs | Total | costs | |||||||||
| 2020 | 20' | |||||||||||
| Clerk's salary costs | 542 | 542 | 585 | |||||||||
| DBFcharges for serviced | office accommodation | 839 | 839 | 1,026 | ||||||||
| and financial management |
||||||||||||
| Trustees' and Clerk's expenses |
112 | |||||||||||
| Interpreting charges |
360 | |||||||||||
| Admin Staff &Speakers | expenses | 128 | 128 | 209 | ||||||||
| Independent examiner's fees |
900 | 900 | 723 | |||||||||
| 900 | F | 1,508 | F | 2,403 | 2 | 3013 | ||||||
| TANGIBLE ASSETS | ||||||||||||
| ~Fr | ||||||||||||
| jJJ6) | ||||||||||||
| ~La.IJJIJggtlgn | ||||||||||||
| At 1 January 2020 | ||||||||||||
| Additions at cost |
3224~I | 322451 | ||||||||||
| At 31 December 2020 | 322 451 | 322451 | ||||||||||
| Book V lue | ||||||||||||
| At 31 December 2020 | 322451 | 322451 | ||||||||||
| At 31 December 2019 |
| NOTES TO THE ACCOUN | TS FOR THE | YEAR ENDED 3 | 1DECEMBER 2020 | ||
|---|---|---|---|---|---|
| 5. | Fixed asset Investments - Listed Investments |
-Unrestricted | funds | ||
| Market value at 1 January | 1,756,698 | 1,794,520 | |||
| Less Dlsposels at carrying value: | ( 300,000) | ||||
| Gain / (loss) in the year |
|||||
| Market value at 31 December | |||||
| Historical cost at 31 December | |||||
| Unrealised gains st 31 December |
54 |
| 7. | Creditors: amounts falling due within one year |
||||||||
|---|---|---|---|---|---|---|---|---|---|
| Accruals for grants payable | 61,097 | 60,000 | |||||||
| Accruals end deferred Income |
»5 | ||||||||
| 8. | Movement In funding commitments for grants during the year |
||||||||
| Grant commitments recognised as at 1 January |
80,000 | ||||||||
| New grant commitments charged to the SoFA In year (see Note 2) |
58,597 | 72,350 | |||||||
| Grants paid during the year | |||||||||
| Grant commitments recognised as st 31 December (see Note 7) |
09 | 00 | 000 | ||||||
| 9. | Related party transactions, trustees' expenses and remuneration |
snd key management | personnel | ||||||
| Ths charity considers its key management personnel comprise the trustees |
and the 4derk. No remuneration | or expenses | were | ||||||
| pakl to any of the trustees during the year (2019- nil). No trustees |
received | reimbursement | for travel expenses | In the | year | ||||
| (2019 - Nil).The clerk received a salary of F543(2019 - 6585).The | charity had no other related party transactions |
during | the | ||||||
| year (2019 - nil). | |||||||||
| 10. | Financial Instruments | Note | |||||||
| Financial assets measured at fair value through profit and loss: |
|||||||||
| Investments held at fair value |
4» | «0 | 9 | ||||||
| Income, expense, gains or losses, Indudlng changes In fair value, recognised |
on: | ||||||||
| Gains/(Losses) on Financial assets measured at fair value |
5 | 67,523 | 262, | 178 | |||||
| Interest on cash deposits | 1,348 | 1,239 | |||||||
| Income from listed Investments | |||||||||
| 5 | 0 | 5 |