| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 | |
| Independent Examiner's |
Report | |||
| Statement ofFidadcial Activities | ||||
| Balance Sheet | 6 | to | 7 | |
| Notes to the Financial Statements | 8 | to | 11 |
| FORTHE YEAR EN | DED 31ST | DECEMB | ER 2022 | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Unrestricted | Total | ||||
| fund | funds | ||||
| Notes | K | ||||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
15,270 | ||||
| Investment income |
43,433 | ||||
| Total | 58,703 | ||||
| EXPENDITURE ON | |||||
| Letting ofproperties | 7,256 | ||||
| Charitable activities |
|||||
| Subsistence grants for priests |
15,000 | ||||
| Premises and support costs |
3,301 | ||||
| Administration costs |
33,535 | ||||
| Total | ~59 092 | ||||
| Transfer from MSC Charity Trust | 3,6~43 492 | ||||
| NET INCOME | 3,643,103 | ||||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought forward | |||||
| TOTAL FUNDS CARRIED FORWARD | 3,643,103 |
| BALANCE SHEET 31STDECEMBER 2022 |
|||
|---|---|---|---|
| 2022 | 2021 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | |||
| FIXEDASSETS | |||
| Tangible assets | 3,105,000 | ||
| CURRENT ASSETS | |||
| Debtors | 4,529 | ||
| Cash at bank | 011137 | 814,132 | |
| 815,666 | 814,132 | ||
| CREDITORS | |||
| Amounts falling due within one year |
(277,563) | (814,132) | |
| NET CURRENT ASSETS | 538,103 | ||
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 3,643,103 | ||
| NET ASSETS | 3663.103 | ||
| FUNDS | 10 | ||
| Unrestricted funds |
3,663 103 | ||
| TOTAL FUNDS | 3,643,103 |
| INVESTMENT INCOME | ||
|---|---|---|
| 2022 | 2021 | |
| Rents received | 36,641 | |
| Deposit account interest | 6,792 | |
| 43,433 |
| Property costs | ||
|---|---|---|
| 2022 | 2021 | |
| Light and heat Rates and water |
1,123 1,289 |
|
| Repairs and maintenance Ground rent and service charge |
1475 1,044 |
|
| Management fees |
~2525 | |
| ~7256 |
| TANGIBLE FIXEDAS | SETS | |||||
|---|---|---|---|---|---|---|
| Freehold | Long | |||||
| property | leasehold | Totals | ||||
| COST | ||||||
| Additions | 2,615 QM | 430,000 | 3105,000 | |||
| NET BOOK VALUE | ||||||
| At 31stDecember 2022 | 2,615DDD | 430,0DD | 3 1D5 QDD | |||
| At 31stDecember 2021 | ||||||
| At | valuation | |||||
| Freehold investment property includes the Farmland |
following: | 1,200,000 | ||||
| East Lodge, Princethorpe The Retreat Centre, Princethorpe Gardener's Cottage, Princethorpe |
425,000 725,000 325,000 |
|||||
| 02,675,000 | ||||||
| Long leasehold property includes Community rooms, Princethorpe 2Vita House, Charrington Place, |
the following: College StAlbans |
80,000 350,000 |
||||
| &l30,000 | ||||||
| The properties are stated |
at the valuations | used for the transfer of the | properties | on 25th May 2022. | ||
| DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||
| 2022 | 2021 | |||||
| 0 | ||||||
| Prepayments and accrued |
income | ~4529 |
| 9. | CREDITOR | S | : AMOUNTS FA | LLING DUE WITHIN ONE | YEAR | ||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| K | |||||||
| Other creditors Accruals and deferred income |
269,002 ~8561 |
814,132 | |||||
| 277,563 | 814,132 | ||||||
| 10. | MOVEMENT | IN FUNDS | |||||
| Net | |||||||
| movement | At | ||||||
| At 1.1.22 | in funds | 31.12.22 | |||||
| Unrestricted | funds | ||||||
| General fund | 3,643,103 | 3,643,103 | |||||
| TOTAL FUNDS | 3,643,103 | 3,643 103 | |||||
| Net movement | in funds, included | in the above are as follows: | |||||
| Incoming | Resources | Gains and | Movement | ||||
| resources | expended | losses | in funds | ||||
| Unrestricted | funds | ||||||
| General fund | 58,703 | (59,092) | 3,643,492 | 3,643,103 | |||
| TOTALFUNDS | 58,703 | ~09,092 | 3643,492 | 3,643,103 |