Hamsey Church Trust – Annual Report 2021
-
The purposes of the Trust remain as follows: To advance the Christian religion by providing and assisting in the conservation, repair, maintenance, improvement, upkeep and beautification of St Peter’s Church, Hamsey, Sussex and of its monuments, fittings, fixtures, furniture and surrounds
-
This (2021) has been the fifth year of the Trust’s existence. Funds held are intended as a permanent endowment (but with discretion to use the capital). We are not anticipating any more capital receipts.
-
We earned £106 in bank interest during the year.
-
As foreshadowed in last year’s annual report, during the year we made our first grant for the benefit of St Peter’s Church, Hamsey of £28,000. We have maintained our investments in two COIF (Charities Official Investment Fund) funds managed by CCLA (Churches, Charities and Local Authorities) Investment Management Limited. We have continued to keep a proportion in hand having regard to possible needs. At the year end, cash at bank amounted to £22,225 and the value of the invested fund was £158,428 (up from £134,373).
-
Although we have not reviewed our internal financial controls this year, we do keep them under review and do not think any modification is needed.
-
The trustees are conscious of, and have regard to, the guidance issued by the Charity Commission on public benefit and we are satisfied that the grant referred to above complies with the guidance.
Nick Lear
Chairman
11[th] November 2022
CHARITY COMMISSION FOR ENGLAND AND WAIES larn•v4 Churth Trywt Receipts and ments accounts CC16a For th• p•rlod To 01.01.21 31 12.21 Section A Receipts and payments Unr•8trlet lundi Rtrt¢t•d lund• Endowm•nt fund• Total fund Last year A1 R•c•l 106 Sub tot•l(Gross income ftr AR) A2 A•••t and Inv••trn•nt ulm. l•w tsbl•l. 106 Sub tot•1 106 A3P• •nts Sub tst•i A4 A•Mt and In¥Mlm•nt ureha•M, e tbl• Sub tot•1 21,( N•t of r•c•lptsl(yyments) AO Trnn•ler• betw•en lund• Al Cash fund la•t year •nd C•$h funds thls year end 27,99S 27,996 106 50,221 22.225 50.221 21225 50,115 50.221 CCXX R1 ac(x)unts ISSI
Section B Statement of assets and liabilities at the end of the period Unrn8trfjct•d lund8 to E RtrIct•d funds to ng•r•t£ Endowm•nt fund8 to nwrngt É Cats90ri Detalls 81 Ca•h funds 9.769 11456 To¢•i c•sh funds 22.22S UnrMtrl¢t•d lund• Re8trlct•d lund• to rw•¥t É Endowm•nt fund• Detall$ to n•Jrn•t e FLd t• Neh ¢urr•nt ¥•lu• Detalls COIF F Co¢iop¢lon•ll B3 InvMtm•nt a•8•t• 52,76J COIF kn¥Y8tsrt Fthl 70.L 105,168 10 ¥thkh ¢urr•nt V41u• Detall• Ctt{tsp¢i0n) 84 A•••l• r•t•ln•d for th• ¢h•rSty'• own u•• FuThJ to whkh kniountdu• Wh•n du• onal D¢lall8 BS Ll•bllltl•8 Slgned by on• arts trusts•8 on t•haMolal tr Irui Spjnalure Print Name Date of roval CCXX R2 8ccounls ISSI 20108r2022