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|Forthe Year End|ed 31March 2022||
|---|---|---|
|||Page Number|
|Annuai
Report and Accounts||2 —/|
|Independent
Auditor's|Report||
|Statement of Financial|Activities||
|Balance Sheet||12|
|Notes to the Financial|Statements||
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||NOTE|General|Designated|Restricted|2022|2021|
|---|---|---|---|---|---|---|
|||Fund|Fund|Funds|Total|Total|
||||||Fundsf|Fundsf|
|Incoming
Resources|||||||
|Rents||288,937|||288,937|285,941|
|Investment
Income,|||||||
|Donation h Interest||43 738|||43738|39,979|
|Total Income||332,675|||332,675|325,920|
|Resources Expended|||||||
|Casts ofgenerahng
funds:|||||||
|Investment
management||||||87,777|
|costs||57,695|59,749||117,444||
|Charitable
Aai vities:|||||||
|Grants||124,178||49,593|173,771|207,838|
|Governance||2,386|||2,386|2,340|
|Management
8|||||||
|Administration||18675|||18675|16599|
|Total Resources|||||||
|Expended||202934|59749|49593|312276|315554|
|Sub Total||129,741|(59,749)|(49,593)|20,399|11,366|
|Other Recon@ised|||||||
|Gains and (Losses)|||||||
|Investments||14,052||140„657|154,709|381,940|
|Net Incoming/||143,793|(59,749)|91,064|175,108|393,306|
|(Outgoing)
Resources|||||||
|Before Transfers|||||||
|Transfers
between
Funds|8/9|(189,556)|50,000|139,556|||
|NET MOVEMENT IN|||||||
|FUNDS||(45,763)|(9I749)|230r620|175,108|393306|
|Fund Balances Brought|||||||
|forward at 01.04.21||145868|55 583|8 188171|8389 622|7 996 316|
|Fund balances carried
forward at31.03.22||f100,105|f45I834|f8I418I791|f8~5641730|f8g389~622|
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|As At31Mar|ch 20|22||||||
|---|---|---|---|---|---|---|---|
|||NOTE|General|Designated|Restricted|2022|2021|
||||Fund|Fund|Funds|Total|Total|
|||||||Funds|Funds|
|FIXEDASSETS||||||||
|Tangible assets —Freehold||||||||
|property||||0|6,201,067|6,201,067|6,201,067|
|Cazenove
Investments||||0|1,863,224|1,863,224|1,772,738|
|||||0|8~064~291|8~064~291|7I973IS05|
|CURRENT ASSETS||||||||
|Debtors||10|0|0|0|0|0|
|Cazenove
Investment||7|443,733|0|0|443,733|396,682|
|Cash at Sank|||(302,183)|45,834|354,500|98,151|59,168|
||||141,550|45,834|354,500|541,884|455,850|
|CURRENT LIABILITIES||||||||
|Creditors
(Amounts|falling|||||||
|due within one|year)|11|41445|||41445|40 033|
|Net Current Assets /||||||||
|(Liabilities)|||100,105|45s834|354r500|500s439|415,817|
|NET ASSETS|||f100,105|f45I834|fSs418s791|f81564s730|fSs3891622|
|REPRESENTED BY:||||||||
|General
Fr md|||100105|n|Q|100 105|145868|
|Designated
Fund|||0|45,834|0|45,834|55,583|
|Restricted
Funds||12|0
f100,105|0
f451834|8,418,791
fSs418~791|8,418,791
f81564t730|8,188,171
fSs3891622|
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|INVESTMENT MANAGEMENT|INVESTMENT MANAGEMENT|COSTS|||
|---|---|---|---|---|
||||2022|2021|
|Property|Maintenance||59,749|41,236|
|Property|Administration||46,814|36,787|
|Investment
Fees|||10881|9 754|
||||f117,444|f87,777|
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|GRANTS fro|m|GE|NER|AL FU|ND|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2022|2021|
|Grants to Ministers|||of|United|Reformed||Churches|and Congregational||||
|Churchec||in|the|Administrative|||Co& inhl of|S»rrev||78~139|A7 J'47
f|
|Grants for religious|||purposes|||||||46,039
f124,178|69 600
f151832|
|GOVERNANCEI||MANAGEMENT||||AND|ADMINISTRATION||OF THE|CHARITY||
|||||||||||2022|2021|
|fnyernanee||||||||||||
|Audit Fee||||||||||2 386|2 340|
|||||||||||K2386|K2340|
|Management|and||Administration|||||||||
|Legal Fees||||||||||840|540|
|Clerk's Fees||||||||||17,019|15,314|
|Sundries||||||||||816|745|
|||||||||||f18675|a16599|
|TOTAL GOVERNANCE,||||MANAGEMENT|||AND ADMINISTRATION|||f21,061|f18,939|
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||||2022f|2021|
|---|---|---|---|---|
|Valuation|at|1 April 2021|6,201,067|6,201,607|
|Additions|at|Cost|0|0|
|Revaluation||Gain|0|0|
|Value at|31|March 2022|f6,201067|f6201067|
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|NVESTMENTS|||||
|---|---|---|---|---|
||General|Restricted|2022|2021|
||Fsandf|Cisnrlc:
~ Mn 'N 18|||
|Market Value at01.04.2021|||||
|Investments
listed on a recognised|395,744|1,675,541|2,071,265|1,766,478|
|stock exchange|||||
|Cash held as part ofthe Investment|938|97,197|98,135|30,872|
|portfolio|||||
|Acquisitions
in thc Year|396,682
h 1AC
x0v ciu|1,772,738
sin c~~
JJ.V Vj7|2,169,420
A1h 87h|1,797,350
Ch l A')L
VVI VJV|
||505,928|2,083,362|2,589,290|2,405,286|
|Disposals
in the Year|77,105|331976|409,081|685,069|
||428,823|].,751,386|2,180,209|1,720,217|
|Cash movements
in the Year|858|28 819|27 961|67263|
||429,681|1,722,567|2,152,248|1,787,480|
|Net gain/(loss)|14052|140657|154709|381940|
||443,733|1,863 224|2306 957|2 169420|
|MarKet Value at31.03.2022|||||
|Investments
listed on a recognised|441,937|1,794,846|2,236,783|2,071,285|
|stock exchange|||||
|Cash held as part ofthe Investment|1,796|68,378|70,174|98,135|
|portfolio|||||
||443,733|1863,224|f2306 957|f2,169420|
|Historical Cost ofInvestments
mc. al 21 n% '7fl99
WW
W|f392I896|f1i456i431|1,849,327|f1,796,695|
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|8.|PROPERTY MAINTENANCE|PROPERTY MAINTENANCE|RESERVE|||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||Balance as at 1|April 2021||||55,583|46,819|
||Add Transfer
in|the Year||||50 000|50,000|
|||||||105,583|96,819|
||Less Expenditure|in the Year||||59749|41236|
||Balance as at 31 March 2022|||||645834|f55583|
|9.|PROPORTION of NET INCOME for those|||in NEED||||
|||||||2022|2021|
||One third ofthe|net income,|calculated as follows, transferrable||to the|||
||restricted|fund for the|relief of persons
in "need, hardship||or|||
||distress"|||||||
||Total Incomll ig|Resources|||||325)920|
||Other realised (losses)/gains||on Investment|Assets||154709|43 585|
|||||||487,384|369,505|
||Less: Management
and Administration|||||18,675|16,599|
||Less:
Property|Maintenance|Reserve|||50 000
f418,709|50000
6302906|
||One third therefore|||||6139,556|6100959|
|10.|DEBTORS|||||||
|||||||2022|2021f|
||Pre-payments
and accrued Income|||||0|0|
|||||||KO|KO|
|11.|CREDITORS (Amounts
falling due within|||one year)||2022|2n21|
||Other Creditors|||||41445|40 033|
|||||||f41445|f40 033|
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|||Endowment|In Need|Total|
|---|---|---|---|---|
|||Fund|Fund|Funds|
|Balance brought|forward at 1 April 2021|7,998,246|189,925|8,188,171|
|Grants given
in the year to 212 clients||0|(49,593)|(49,593)|
|Other recognised|gains/(losses)|140,657|0|140,657|
|Allocations
for the year to 31March 2022||0|139556|139556|
|Balance carried|forward at 31 March 2022|K8,138,903|K279r888|K8,418,791|
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