## ## |Annual report|and ilnancial statements|and ilnancial statements|for the year ended 31December 2021| |---|---|---|---| |Contents|||Page| |General information|||| |Annual report|||| |Statement ofthe responsibililies||ofthe trustees|| |Independent
examiner's
report|||| |Balance sheet|||| |Statement ofrnancial|activities||| |Cashflow statement|||| |Notes to the financial|statements||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2021|2020| |---|---|---|---|---|---|---| |||||Note|8|8| |Fixed assets||||||| |Tangible|assets||||679,578|682,629| |Investments||—social|investments||600,000|600,000| |Current|assets|||||| |Cash at bank|||||26,963|37,958| |Debtors|||||6,808|| |Creditors|—amounts||falling due within one year||(6,147)|(33,429)| |Net current||assets|||27,624|4,529| |Total assets||less current liabilities|||1,307,202|1,287,159| |Creditors|—amounts||falling due after one year||(72,984)|(235,836)| |Total net|assets||||1,234,218|1,051,323| |Funds||||||| |Restricted||||10|1,234,218|1,051,323| ## ## ## |For the year ended 31December 20|21||||| |---|---|---|---|---|---| |||Un-||Total|Total| |||restricted|Restricted|2021|2020| ||Note||||f,| |Income|||||| |Donations
and legacies|2a||188,500|188,500|249,062| |Other trading
activities|2b||25,525|25,525|17,540| |Total income|||214,025|214,025|266,602| |Resources used|||||| |Charitable
activities|3a||(7,365)|(7,365)|(6,810)| |Interest payable|3G||(5,897)|(5,897)|(15,741)| |Management
and adtninisttation|3b||(9,386)|(9,386)|(9,274)| |Depreciation|3d||(3,051)|(3,051)|(3,051)| |Total resources used|||(25,699)|(25,699)|(34,876)| |Net incoming resources before net gains on|||188,326|188,326|231,726| |investments|||||| |Net gains on investments|||||575,842| |Net income for the year|||188,326|188,326|807,568| ## ## ## ||||||2021|2020| |---|---|---|---|---|---|---| |||||Note||K| |Cash flows from operating|activities|||||| |Net cash provided by (used|in) operating||activities||165,541|253,658| |Cash flows from investing|aclivities|||||| |Building works|||||(5,430)|(137,467)| |Cash flows from financing|activities|||||| |Receipt /(repayment)
ofloans advanced|||||(165,208)|(130,988)| |Bank interest paid|||||(5,897)|(15,741)| |Change in cash in the year|||||(10,995)|(30,538)| |Cash at 1January|||||37,958|68,497| |Cash at 31December|||||26,963|37,958| |Note a:||||||| |Reconciliation
ofnet movement||in funds to net cash flow||||| |from operating
activities||||||| |Net moveraent
in funds|||||188,326|231,726| |Adjustments
for:||||||| |Bank interest paid|||||5,897|15,741| |Decrease/(increase)
in debtors|||||(6,808)|1,100| |(Decrease)/iucrease
in creditors|||||(24,925)|2,040| |Depreciation|||||3,051|3,051| ||||||165,541|253,658| ## ## ## ## ## ## ## ## |amount after any trade discounts or amount advanced
other consideration
expected to be received.
2.
Income|by the charity.
Subseq|uently,
they are|tneasured
atthe c|ash or| |---|---|---|---|---| ||Unrestricted|Restricted|Total funds|| ||Funds|Funds|2021|2020| |||8||8| |2a Donations
and legacies||||| |Donation &om the PCCofSt Michael's with||||| |StStephen's
Church (Wandsworth)||22,500|22,500|45,000| |Donations
and legacies (non Gift Aid)||126,000|126,000|200,100| |Donations (Gift Aid)||20,000|20,000|| |Tax recoverable
on donations||5,000|5,000|1| |CAF &GAYE donations||15,000|15,000|1,461| |Grants||||2,500| |||188,500|188,500|249,062| |2b Trading activities||||| |Rental income - apartments||24,000|24,000|17,000| |Rental income - hall||1,525|1,525|540| |||25,525|25,525|17,540| |Total incoming
resources||214,025|214,025|266,602| ## ## ## |3.
Resources|used||||| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total funds|| |||Funds|Funds|2021|2020| |||K|8||| |3a.Charitable
activities|||||| |Bank charges|||102|102|66| |Utilities and insurance|||7,263|7,263|6,744| ||||7,365|7,365|6,810| |3b.Management|and administration||||| |Re-charged staff costs|||9,000|9,000|9,000| |Accountancy
fees|||386|386|274| ||||9,386|9,386|9,274| |3c,Loan interest|paid||5,897|5,897|15,741| |3d.Depreciation|||3,051|3,051|3,051| |Total resources used|||25,699|25,699|34,876| ## ## ## |4.
Tangible assets|||| |---|---|---|---| ||Land and|Fixtures and|Total| ||buildings|fittings|| |Cost/valuation|||| |At 1 January 2021|645,000|40,680|685,680| |Additions|5,430||5,430| |Revaluation|(5,430)||(5,430)| |At 31December 2021|645,000|40,680|685,680| |Depreciation|||| |At 1 January 2021||(3,051)|(3,05 1)| |Charge||(3,05 1)|(3,05 1)| |At 31December 2021||(6,)02)|(6,1D))| |Net book value|||| |At 31 December 2020|645,000|37,629|682,629| |At 31December 2021|645)000|34)578|679)578| ## |5.
Fixed assets —social investment|| |---|---| ||Total| |Cost/valuation|| |At 1 January 2021|600,000| |Revaluation|| |At 31December 2021|600,000| ## ## ## ## ## |||2021|2020| |---|---|---|---| |Tsxrefunds|due|1,250|| |Other debtors||5,558|| |||6,808|| ## |8.
Creditors: amounts
falling due within one year||| |---|---|---| ||2021|2020| |Bank loan|943|3,300| |Tenants'
deposits|2,000|2,000| |Other creditors|3,204|28,129| ||6,147|33,429| ## ## |9.|Creditors: amounts
falling due after one ye|ar|| |---|---|---|---| |||2021|2020| |||8|| |Bank|loan|72,984|235,836| ## ||||Construction
and| |---|---|---|---| ||||operation ofBrathway| ||||Hall fund| |Opening|balance||1,051,323| |Income|||214,025| |Expenses|||(25,699)| |Revaluation||ofinvestments|(5,430)| |At 31 December 2021|||1,234,217| ##