2021-06-30-accounts - Paracletos

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		Page
Report ofthe Trustees	1	to	3
Report ofthe Independent Auditors	4	to	6
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow Statement
Notes to the Financial Statements	11	to	14
Detailed Statement ofFinancial Activities		15

No Trustee appointments	been made in the current year and none are	been made in the current year and none are	been made in the current year and none are	been made in the current year and none are	been made in the current year and none are	expected in the	coming year.
Management
The Trust is controlled by the	Trustees.
REFERENCE AND ADMINISTRATIVE			DETAILS
Registered Charity number
1163819
Principal address
7Lingfield Avenue
Kingston-upon-Thames
Surrey
KT12TL
Trustees
Mr JCooper
Mrs ECooper
Miss JCooper
Auditors
Collards
Chartered Accountants
Registered Auditors
5-9Eden Street
Kingston-upon-Thames
Surrey
KT1 IBQ
Investment Advisers
Barclays Wealth Management
1 Churchill Place
Canary Wharf
London
E14 5HP
STATEMENT OFTRUSTEES' RESPONSIBILITIES
The trustees are responsible	for preparing		the Report of the Trustees			and the financial	statements	in accordance	with	applicable	law	and
United Kingdom Accounting	Standards	(United Kingdom		Generally	Accepted Accounting		Practice).

		2021	2020
		Unrestricted	Total
		fund	funds
	Notes
FIXEDASSETS
Investments		15,570,112	13,231,998
CURRENT ASSETS
Cash at bank		430	92,950
CREDITORS
Amounts falling due within one year		(14,162)	(12,443)
NET CURRENT ASSETS		(13,732)	80,507
TOTAL ASSETSLESSCURRENT LIABILITIES		15,556,380	13,312,505
NET ASSETS		15,556,380	13,312,505
FUNDS	10
Unrestricted funds		15,556,380	13,312,505
TOTAL FUNDS		15,556,380	13,312,505

						2021	2020
					Notes
Cash flows from operating	activities
Cash generated from operations						(134,413)	(116,116)
Net cash used in operating	activities					(134,413)	(116,116)
Cash flows from investing	activities
Purchase offixed asset investments						(381,560)	(427,754)
Sale offixed asset investments						48,447	38,471
Dealing account movement						(6,554)	1,885
Dividends received						381,560	427,754
Net cash provided by investing		activities				41,893	40,356
Change in cash and cash equivalents			in the
reporting period						(92,520)	(75,760)
Cash and cash equivalents	at	the beginning		ofthe
reporting period						92,950	168,710
Cash and cash equivalents	at	the end	ofthe
reporting period						430	92,950

RECONCILIATION	OF	NET INCOME/(EXPENDITURE)	NET INCOME/(EXPENDITURE)	TO NET CASH FLOW FROM	OPERATING	ACTIVITIES
					2021	2020
Net income/(expenditure)		for the reporting	period (as per the	Statement of
Financial Activities)					2,243,875	(677,228)
Adjustments for:
(Gain)/losses on investments					(1,998,447)	991,839
Dividends received					(381,560)	(427,754)
Increase/(decrease) in	creditors				1,719	(2,973)
Net cash used in operations					(134,413)	(116,116)
ANALYSIS OF CHANGES IN NET FUNDS
				At 1.7.20	Cash flow	At 30.6.21
Net cash
Cash at bank				92,950	(92,520)	430
				92,950	(92,520)	430
Total				92,950	(92,520)	430

			2021	2020
Investment	portfolio income		381,560	427,754
RAISING	FUNDS
Investment	management	costs
			2021	2020
Portfolio management			43,612	39,903
CHARITABLE ACTIVITIES COSTS
				Grant
				funding of
				activities
				(see note
				5)
Grants issued				90,000

Beneficiary	Amount f,
Kingston Race and Equalities Council	10,000
Refugee Action Kingston	10,000
Kingston Churches Action on Homelessness	10,000
A Rocha UK	10,000
Runnymede Trust	10,000
Edinburgh Food Project	10,000
LGBTHealth and Wellbeing	10,000
Bipolar UK	10,000
Fair Tax Foundation	10,000
Total	90,000

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		427,754	(113,143)	(991,839)	(677,228)
TOTAL FUNDS		427,754	(113,143)	(991,839)	(677,228)

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		809,314	(249,275)	1,006,608	1,566,647
TOTAL FUNDS		809,314	(249,275)	1,006,608	1,566,647

	DETAILED STATEMENT OF FINANCIAL ACTIVITIES
	FOR THE YEAR ENDED 30JUNE 2021
		2021	2020
INCOME AND ENDOWMENTS
Investment income
Investment portfolio income		381,560	427,754
Total incoming resources		381,560	427,754
EXPENDITURE
Investment management	costs
Portfolio management		43,612	39,903
Charitable activities
Grants to institutions		90,000	70,000
Support costs
Other
Accountancy and tax			720
Governance costs
Auditors' remuneration		2,520	2,520
Total resources expended		136,132	113,143
Net income before gains and losses		245,428	314,611
Realised recognised gains and losses
Realised gains/(losses) on	fixed asset investments	1,998,447	(991,839)
Net income/(expenditure)		2,243,875	(677,228)