WA131NGBAM TRUST (A cry limited by 8urn¢) 4AAFIPGAO 1311012021 COMPANIES HOUSE A16
158
11655451
TRUSTEES, ANNUAL REPORT Rev Jobn Butt Jolw GiThb3 Rt Rev AlaD HoS Lt Col JobD Pitt 13 Juty2020) Member NR22 6EG 11655451 10 ()*eo Stte£¥ P]Ke EC4R IAG Soli¢ifon 10 Queen StrEet Pl EC4R IBE 3 North BrAnk PE13 iJr TSB PO Box i) BX4 7SB
WALSINGHAM TRiIST TRUSTELS. AI¥I4UAL REPORT FOR THE YEAR ENDED 31 DECEMBER 20ZD INTrODUCTION (SKoTrl FA11tiO t1¥¢ l 2019). The Trust k5 governed by • BLNd of cha1j by the BislKy of East ADgb4 TwbKb me¢ts •t Iram thTt¢ iim¢s per Peri ate 8AK)iod by Bish of Ea#Anglia ord olle 1$ by the Merthu. of these properties wos granttd to the Tn mts.frtt. Th¢ RxtorI CEO o¥¢te the n18 of the WalSiDgbarn Trpjst Objetts b) th¢ Teli¢fof attywbar iti the worm" and Aetlvlde In Ordcr further tbE obiezts Doted airn, the primwyM of xtsvity ID 2020 wue the ShTiD< 8 hostel. a tetreat ¢th. Tn The support of the Faithful would lth¢ express OUT thanks to all who havc 8iveD so diff¢rEnt attd ¢wialXy aIl wbo
WALSITIGHAM TRUST TRUSTEES, ANNUAL REPORT (Coniinwd) FOR THE YEAR ENDED 31 DECEMBER 2020 ACHIEVEIW4TS AND PERFORMANCE (tontinued) Impae¢ ofand respojw to C0Vll19 pandemie It) 2020, 411 orbJani5ed pdgritnage5 w the Shruje wfre can¢elled or wu¢ broad¢ay #¥ virfval pi18nma8es owing 10 the covtD.19 pandemic. WkniL%t re8ular d.]Y %erVic were held during th¢ yearonly a haodfiLI olpwl¢ visiied the Slwin¢ Ai the poini lockdown waj anaouDced in Marth 2020. residth)ts at the Shrine's 80Mm(li0n had io be seni home amd pslgrirn visits to thc Sljrine Gcased. TheTTht rcswndedto the paDdemi¢ byexndiDg its livestrearn provision from I hour per day to a 24n pTogr8tnrtte comprisitig three daily M&%sc5. the Daily Office. etsga8iti8 taiL%. an ottljne fftre. afternoon d¢voiions and vimial pil8rimage5 tn various foThats. sigrlifi¢I unplaoned ¢xp¢ndiiure wos required with respect 10 the Shrin¢'s livtren plaifomi in¢luding Sound equiptixeo4 audio-visual JnfT¥tn]ctyT¢ aAd rtSOUTCiDg to stream thc broad¢asi. We are tyost goteful io all who to the Liv¢strean) attd Te£knology Appeals whiGh Tais¢d £46,362. Overthe coutseof the yearthe majoriryof staff 7AtreplacedoD bJll.timE LYI]cxibJe fiwlough leaveowJn8 io thepaod¢mi¢. £326.236 was claimed thrwgb ihe CoroDavirus Job Reielluon Scbeme {CJRS) and other gtsvcrnment 8Tallts whieh llTed jobs for sthff. Dowry Tour In the f5¢ quarttr of 2020. the Dowry T0r¥i$ll¢d L)wt¢r and Clifton Dioceses where it was well reccivcd. Owing io the pandemic. the final sw), Wesrminster. had to bc defeTred and it is b0d tbis st¢)p will be ¢omplffled itj March 2022. Tbe Tour has becn sUPPOrted by a 8rnJt ftom thc Guijd of Our Lady of Raowm attd dotsgtions frojn wpport¢r5 aGross th¢ country. The RedtdirHtion The Rededicatson of EoglaDd &$ the Dowry of Mary event i(x)k pla¢¢ on 29th M3r¢b 2020. 11 Imd beell planned as a 8Tand event it) Walsinglwn. starting at tbe Slipper Chapel Shrine and cujminaiing ai the site of the Holy House in the Abbey Grouods. tthoed by evetsts in communities of th¢ faithfvl nlOnallY aTkd iDiern8tionally. How¢ver owing io pottdemir and the resulwit lockdown wlLiGb sraned in la Mah 2020. plan had to be aljandolled. In the event theevent led by the Shrine's Rector. Mgr John Amiitage, from an ernpty Shrine. and waiched by hundred5 of thousands around thc world. Major girt of47-49 Higb Srrtt¢ W•lsiugh•n) During the year. the s(lery of Our Lady Fthful vgin &nd Mother ofmury, which Iwd previously grattted the Tnjsi lease io use 4749 High Stree4 known as Dowry House. gJft¢d theproFwty io the WalsiD8ham Ttwsi. li also gave a further suth of £34.C4)) IA in the year sUPP)rt the of Dowry Hous< These m¢)nies have been plac¢d in a $triCd ttd. The Grtyfriar5 The Tnksi corttinues ¢0 r¢ttiY¢ tk 5UPFrf)n from the Order of Friars knorCon¥¢ntyal of Gr¢o1 BriwiD and Irelaod through three priests b&%ed in a frtary iti Walsiogh•m. The pnests WO as cbaplairLS in Wa]siDghatD SUPPOTung the Ik£iof ID the liNrgy. ministering the Sacramthts, and ¢n¥o8iog with pilgrims both ai the Shrine sile ftnd iu the villagt. During the filsi pb8se of lockdo1 they shared IaY Office througlx livestream. The Comrnuniiy of Our LAdy of WAl$illghJn Sister5 of the Cotnmunity of Ow Lady of WalsiDgbarn have ¢oniiDud suppon the of the Shrinc ttrffougb their prayerful prc5ence ai Dowry House and leadin¥ retrt4ts per¥on aDd on zoorn. With Dowry House closed during lockdown the sisters have supponed the Shrin¢'5 24n live5tWEam by offerm8 nioming and ¢v¢ning prdyer and by we]coJning pilgrirns Wi th£ Shrine. Other Clergy. Religious ##d Volunteers Tr TNst has been bl&8sed to rettive support ¢lergy rtligious aod th6 voltsotecrs from the local community alld nhw afield in¢ludirtg the Ordinaric of OUT Lady of Wa]singhèth, Mater Ecclesia< aDd St Michael's Security who bave ]sted in E variety of capaciti&s ai the Shri0¢ Siie. ID the village arKI bcyon
WALSINGBAM TRUST TRUSTEFS. AI¥NUAL REPORT (C•Allm Ourtady ofWalsin8bw ardtowpirt theTn yn0thermaterivrnY$. In2020thc A11%1 rnisedatotsl of£71.956 Awxia¢ion'5 NatiODal Draw, don10$10 the Shrine's T¢chDology Fund a1 d(wioDs fora Holy Water Font. Tr Tn& EwfF4 GB GB, the Shrine's profile rA)ntitiues to bc clevatcJJ the intttnatiothal SW thmgh Streing of Shrin¢ M9S5¢5 to the Th¢ Staff The Trust's ability to ¢ffectiv¢ty io•ll of the cbll&y4lryth¢yur Twrnth4wthaveiwLp)k th¢ demonmte theiT work is of dire4 the public. The TnLSteu CLth th&t tw h&v¢ wlied with the thity in Section 17 of th¢ Chariti¢8 Aa 2011 hve ikn re88rd the wbli¢ bejth publisld by the Cb The Sbrme f¥iJitses I] its(11esAYe wtothepjbhc 365 day5 of the INr.•nd fulfywl bythepubl provide for th¢ spiritswl and tertai nge4s of all grr44d iDdivithwlk Fll¥ANc REvw The ¢hwity'S wl incorne in the PUiLNlwas £4.17Q998 12019. £1 J15.720}. (Ythis £742981 (2019. £448,654) r¢lAtrd rtstri I1¢. £29.447 (2019. £108.IJ8) fromUDTWti I¢pci Ch&ri1 rtrfivities iti the ye•r Èen¢ratrA £853.058 (2019- £1.149J99) Twbith c¢)llsi of £l33.989 (2019 . £180.502) thc Shritte, £321264 (2019 - £649280) frtyD th¢ ShrM)e's ho¢ aDd tr• £205179 (2019- 272,567) frotll the Shrine's retail ouil¢t& £71956 (2019- £35.04)) the ¥tivilies of the Walsio8knm Asso¢iaiioll aod £119.970 (2019- £11.960) from LkVelOpt Activi The n¢1-incoo in the was £2.194J19 (2019 - £520.459 £tio8 kns) of vknich £4.860 (2019 - £313.677 loss) lated to an oprfing sulusI)n Genenl Funds £2.199.699 (2019. £168.(V)8 h)ss) w a net iDllow tyl FuDd5. •nd £10240 (2019 . £38,684} ty a ttet rAtttlow rn RestiiGd Fut¥ Th¢ primary foT the b801]#1 iDfiow on D¢si8Dattd the of 4749 High Sts¢¢t tts theTThu4 yah1 at £2.4llL Unr¢stricted fyo& Aacr¢4 by£2204359 (2019. £20,948) ye¥eAd mod at£311.472 (2019. £1.407273) attd R¢stri(l Funds stt)od Deg•tiv¢ •t £4.022 (2019. £6218 FuVe).
WAUINGBAM TRUST TRUSTEESI ANNUAL REPORT (Co•¢i•¢d) FOR ThE YL4R ENDED 31 DECEMBER 1fj2• G¢a¢ral funds being the thuity's free res thfin as th¢ tNg1 fiwd5 of the charity ¢xeiudin8 any d1glI fund& in¢hJding those fiuth licd up XD as¥# stL)d It ttWive £88.731 (2019- oegative £93231. ThE Tnw¢es of £3,752.640 (2019. £1.6J3.92S) tied up in fixed &ss¢ty. so far as fijttth arevailable.' It¢•rriforvrn[d a &ficiion a ddEVe1cvclffi)dOf £52.437 (2019: £103.424). Restsicted fimds. ing unspeni moni¢s i0d$ d¢v¢kwmx Trthd a ¢lo*ng bAlo0¢¢ of eiv¢ £4,022 {2019- £62181 Within rtstriGted funds th¢ Shrine Devekpll FuDd show$a&il of £IIK).024 asexp&i'w¢lwbe¢tt iravr¢d loVIll¢ of the re£et FUNDRAISll¥G
TRusfzES' ANI¥VAL REPORT(CMtIA•eOI FOR THE YEAR EI¥DED 31 DFMIBFA 2•2• STATEMENf OF IIiUSTELS' RESPONSIBILTriLs of thestste of affairs oftheclwithblec¢Mnpany•MI of the8Or the 5wpIu5 LrdEfi¢itofth¢oYDwry. tD¢kndin8the income ltt so hT as wear¢ awre: The Tnte¢S ha¥¢ tsk¢n all sty that they ougbi hw¢ mak¢ them aware of uy rtkvam au ltif0nti #ttd to estsblish that the lriS aware of that InforntrA Rl Re¥ AJD Hopes
INDEPENDENT AiJDrroR'S REPORT TOThE TRUrnS OF WAlSThc1m TRusr OplD%IA StsmeDt of Financial Activiti¢4 Balartt Sh¢e( S#tem¢Dt of Finwial Ac¢iviti¢S aod notes to the sW¢Qw. Reyortuy Slandard in the UK RepMblAc of Irelend lun11 KiD8dcffll GeDernlty Acc¢pts4 ¥ive a true aDd fair view of th¢ 5tst¢ of the clwitabk ¢wwy's affairs 85 at 31 DK¢mt¢r 2020 atsd of the Bll811 for oplni• (hwTE5pmsi15ilitie5wththos¢stsndw&are fithde5th inth¢Athtrff'$Te5rwSil)ltle$ fCrfthC¥)iÈtsf the financi41 r¢levantto ow auditofth¢ rhu18} thtUK iDcludiDgthtrFRC's Ethical StaDW we bave fior•) ( th04 iodividu81ty or ¢oll¢aively, may Si]fic OD the tltable compaDyI's ability kn COntiDu¢ as a sccl10 of rewrL the inforniion given in the Tntstee5' ADllu Keprrt (W ildeS the dirtt. Y4Jort pr¢p3red for the M*tterA on wbleh ve Ire rtqvtrtd to report by ¢xupd•R
INDEPENDif4T AUDITOR'S REPORT TO THE TRUSTEES OF WALSINGHAM TRUST {colined} We have uoibtllx report in re5pea of the follow matts ill ff¢lioD to wbi¢h the compani A¢t 21KJ6 Twiir¢s us io rq)ort to you if, in our opinion.. adeqtsate accwnling reconLs bave noi been kept by th¢ chaTitsbl¢ ¢ompany' or the charitsble ¢4)mpany finarKial Stsie4)ents aye noi in agrecm¢nt with th¢ attoun¢ing TrS and rewrrts" or certain di5ck)5ures of trvsiees, remunernlion 5pecifieil by law are not made. or we have E)ol Te7Ved ail the Jnformation aod explanations we require forotsr audit., or the InS were not ttstitied to prepare thc financ1 statcments in accorijamce with the small companies. re8ime and take advwtsgc of ihe Small companies. exemptions in pwwing the tnJs¢s' I¢wrtd from the reguyrement to prepare a strategic rtpon. Respoll5ibilitie5 of tr¥#e¢5 for the Ilnallci st8femellts As explained more full). in the tru51ees' responsibilitie5 siaiemeiii s¢ioiiton page 5, the tntslees (who tre also the directors ofthe ¢haritsble company forthe puryK)w of ¢omwy Jawl K5P005ible for the preparalion of the fujancial stsiemertts and for being sau5fied thai they give a true and fair vicw. and forsllch int¢rnalcotllrnl as the trust¢es deiemiin¢ is nec¢%sary lo enable the preparniion of financial aents thai are fRe from tyWriAI misststem¢tst. whether due to fT#ud or error. In pr¢paTin8 the financial S¢at¢m¢nts. the trustces are responsible foresSi8 the charilabte company's ability 10 Continue as a Eoing concern. disclosing. as applicable, matters rel8ted to gojn8 tontan 4t u5ins th going conctrn b&sis of otcouniing unless the ttustee$ eith illtcud to liquid•i¢ th¢ charithblc cotwy or to ceas¢ ¢JperaiIo. 01 have no tealisiic altem4tsv¢ bui to do so. Auditor'$ respofft$lbiliti¢s for tbe audit of tht finaTrti•l statements OUT objeribv&s are to obttin reasonable assunnce aboui wlth the fmancial attments as a wbok are fre£ from material mis5taiemenL whether due to fraudoreTror, and to issue an audrtor'srcportthatinclude5 ouropujion. Reasonable 25SLtrnJce ]% a hjgh level of sur2n¢ but is nota guarantee tha¢ an audit¢onducted in accorthce with ISAS (UK) wijl always detect a material misstat¢men¢ whcD ii exists. Missuttenls can arise fyom fraud or ¢Tror a))d 8re cottsid6Ted Tnat6Ti81 if, individually or in the aggregat¢, theytould reasonably w)rd to in1lue¢ the cconomir decisions of iaken on the basi8 of thcs¢ fJnaDGiAI stsiemeots. TTre8ularities, including frau4 aTr in5tsntts of non-compliantt with law5 and reBDlatioftLS. We design procthts in Itne with our rcsponsibilities. outlined atx)ve, to 4¢£t material mi$5talem¢nts r¢sp¢¢i of iTTe8ulariTi¢S: in¢lyding fraud. The exteni to which our PrdurEs are capable of dctrciin8 irregulan.1i inciudiog fraud is detsiled below.. 8ed on OUT uodeTStattdJng of the ¢lwtthbl¢ c¢)rnpany and the environment in whtch it operniw we Mleniilied thai the principa) risks of non-GompliAnce with laws and regulaiions relared io compliance wth Canon Law. Comp8ny Law. the Cornp8ni&s aci 2006. ChasJ"iies aci 2011. etttploymertt law attd health and safety reAu18ti0ns and we consideted the extetsi to which oon-compbaoce miEhi have o Jnaterial effeu the finaDCi3J $4temthts. W£ 8150 considetEd those Imws and regulatio$ thaihav¢ a dirEcr impaci on the preparation of ihe fhnancial staiements gJclL Canon Law. the CompaDie5 Acl 2006, the Charilies Ath 2011, the Stairrntni of R¢thded Prtctic¢ for CbJn'li¢s (SORP 2015), FRS102 athd payroll Weeval¥at¢d managemMI's irtcentives andopportunities forfTauthlcntmanipulation of the finanrial 5tatcments (inclmdin the risk of override of controls), and d•ermined that th¢ pri]1 risks were relad w rttognition of income and managcrnent bias in ¢ertdin accouJJrinB estimates. Audtt Prdre5 fornd by the ¢ngagcm¢JJl Ic3th Wtluded.. InwtinE corwndenct with rrgul#tOTS and authorities: DiELv%%ioDs with management including consideration of k1 or tnst•nC¢5 of noTrcornplillnGe wrth laws aod regulation and fraud- Evaluatins Jnanagernent's controls designed to and iwrtgularill¢S' Id¢ntifying and tesiing journa15. tn parti11r j04UDai elltri post with UDysual ¥¢ouot combinations. p051ing5 by unusual Use or with unuwl dexripiiotts," and Challenging a&sumpiion5 judEements madc by managcment JD their ctritic41 lltiOR tyimaies. A fvnh¢r d¢scTiPtioTh of our sIbilItIeS for ¢h¢ lydit of th¢ fwaD¢ial ststements is Iwated *)n the Fimancial R¢portlDg Council'5 Wtb5ite at.. ¥Mvw.frc. itics. This descriptiott fonns part of our audttor's re[.
INDEPENDENT AuDrn)R REPORT TO THE TRusfED3 OF WALSINGHAM TrUST (CMd•td) U•¢ •f •)w rep•rt This repon is sokly to the clwitsble a t. ID VAth Chapw3 of Part 16 of the bylaw.w¢doDa¢C¢P1oTt$SuDff$M1lltyt0aOycoeotheTth•n theclwi¥ble¢<dDrAnyand thecb4titrbl¢c4mp)tys member4 as a body. forow wlit forthis rem opioitxw we Iwe formed Jane Aqk¢w (S¢ffjior Siatsilory A*Jit¢Y} IoQ%eDStrF Dat¢.' 24 Sepiejnber 2021 EC4R IAG
T•tsl 21119 INCOME FROM: 14 742981 2.413.( 131yA 3.288.493 29.447 558,183 108.138 Totsl 742981 1443.055 131304 3J17.940 666.321 133.989 321264 3)S.V9 35,(X)3 133,989 321264 205J79 71.956 119970 180.502 649.280 272.567 35,090 11,960 Hostels and Te4Roo 36953 T•tsl 1.439.116 ¥28.IM8 203.834 4.170998 .815,720 598J81 598J81 602J46 201.767 79J57 494.428 660.037 804,(46 255.597 35.090 581.409 Host¢b aDd T¢8 Rty)m Shop5 201.767 31J62 47995 DEvcloprn¢nt 328J49 Totsl 1.434256 328J49 214.074 1.976fj79 2J36.179 Nrr ThCOME i 2.199.699 (10240) 2,194J19 (520.459) 9.10.11 2.199.699 (10240) 2,194J19 (520.459) PICONCILIATION OF 9.10.11 {93231) IJIX)J04 6318 1.413.491 1933.950 FORWARD 9.10.11 88J71) £3.7(XI203 £(4.022) £3,607l10 £1.413.491 io
WALSThCHAM Tru (Cowy wwmber: 11655451) BAL4NCE SHEET AS AT 31 DECEMBER 2•2• 2019 3.751640 1.603.928 Stock 60988 145J29 310.843 63J44 58378 86.746 517,If 209.068 CR£DrroRS: f•lkng wltbkn•ne y¢Ar (661gX)) {399JQ5) (144.830) (190.437) NET ASSETS £3,fJn,8lO £1.413.491 188371) 3.7(KI203 (93231) IJOO.504 10 3.611.832 1.407273 (I(QP24) (lol J40) 107558 £3.fm.810 £1.413.491 Rt R¢v Alan Hopes
WALSINGHAM TRU srATEMENT OF CASH FLOWS 2•19 P4¢¢ ¢•sk providtd by •p¢rxllng bd•w) . 283.09? 49.825 PurtlAse of fixthl wets (S9.]) (693.433) Nrt elslt {llxd ID) Inveth ¢dvltlES (59.(th) (693.433) Chw¢ in eASk md tqulv•knts trA the ptrlod CA•h t the tht perfvd 224.IyJ7 86.746 (643.608> 730,354 Cth •nd eqryivAIthts •¢ th¢ emd off the prtl•d (lte bel•w} £310A43 £86.746 RECONCILIATION OF IYET (IXPENDmiBEyiNCOMKTO NET CASH Net (e4bMdltwt)IlD¢oAe for the peTi•d (u pw the Ststew•¢ •f Aellvitles) AdJukne#ts for. Deprec110ll thae5 2.194J19 (520,459) 310288 2J56 {86J51) 262,485 (2.4.Ocrf)} 276.912 (12,494) 79.119 226.747 Fixed sets£lft ts Tn £283.097 fA9.825 NALYSIS OF CBANGL8 n¥ NET DFr At l Jxllvy 20 At c Ilm 31 Detember 2020 86.746 (2.)) 224.OWI (3(X).O(K)) 310.843 (s.0) 113254) q75903) q189.547) 12
WALSINGHAM TRUST ACCOiINTING POLICILS Reporting sta applicabk to the UK •Dd Kry11¢ of Irr11 IFRS 102) {efft¢tive l 2019). the Sthllntof Rtro P¢adi¢¢ ftyChwili¢s(SORP 2015) e&rtiV¢ l Jamwy 2019} attd the Th¢ trjstees have CA)widea poTrk events or ¢ofylitw that wgbi *gnif¢ ¢Joub¢ on Ibe ability of the 13
WAISINGHAM TRUST ACCOUNTING POLICILS (contimwd) FOR THE YEAR EI¥DED 31 DEMBER 202(1 tditioL8wtychedto th¢Er8nth•v¢beeDm¢t•ndinth¢puiodtowJwhi¢T¢late& HMRC furlougb lts1¢prese the totsl amount claimed HM RcveDue and custo the Coronavirus Job R¢Jrfion S¢hem¢ (CJRS}. reliably. Debt•TI C•th at b•k b•Dd ptobabty uh in the of fimds a third pgrry aod the wount to Set the }Y88tiots ¢ao be VAT Thecbarity is @t51£d forVATEwi is¥nabktyTr¢laim allof illCVErd VAT i&cha 14
ACCOiJNTING POLICIES (¢•DlloMed) FOR THE YEAR ENDED31 DECEMBER 2•29 Th¢ charity'$ lijbility 15 limited to the aDttual ¢thknbAions All Ciffltyiknorfj ar¢ ¢hwged to the Stat¢m¢nt ID fix¢d Motor vekicks 25% StrAigbt liti¢ 25% sts Ill 2% stsi8ht line A fi1 y¢vof dCptt¢iiOts is ID th¢ ye¥of arq1 fu5tout b& 15
Totsl 2020 Tothl 2019 321264 205&79 527.143 921.847 Cosl of sal 33J54 569.192 82915 118152 116269 688.014 247.774 T12.421 602J46 201.767 804J13 ,020.195 (deficityw 281282) £4.112 £077.170) £198J48) Hort¢l & T•)tsl 29J9 649280 272567 921.847 Cost of sale# 115.976 648.623 131.798 123.798 247.774 772.421 764J99 255,596 1.020.195 Net (deficitywl ql 15J19) £16,971 £(98.348) 16
WALSThCHAM ThUST NOTES TO THE FINAI¥CIAL STATEMENTS {CAllmwe4) FOR THE YEAR FJ¥DED 31 DECEMBER 2•2• L ANALYSIS OF EXPENDrriiRE11•20) Tot•1 2019 477.7n 556.S¥J3 181.693 120M 45.643 20.074 3296 71.612 598,581 602.546 201.767 79J57 494,428 709,716 804.290 255,674 35,¢J9D 531.409 Ho15 and Ta ROL 422J16 £l.715245 £261.434 £1.976.679 £2.336.179 ANALYSIS OF EXPENDMJRE (19) $97J64 728374 231.509 32.124 518JTI 112J52 76.016 24.165 709,716 804390 255.674 35,090 531.409 Hoels atsd T¢aRLK Dev¢hpmeAt 13.032 a107.648 £228J31 £2J36.179 2019 170,829 20.516 9,665 43.424 l47.014 24J81 9,845 30,091 17,000 £261,434 £228.531 17
STAFF 2020 1019 W88es aod s•lan"¢s 908,725 58296 65JgYI 893J28 57228 62.173 £1.032.611 £1.012.729 2020 19 The av¢rn8e nwnber of lI.Me aDploye¢s WK: 33 12 E86.140 (2019: £75N5). In&lIliL th¢ ab)vep•yllKDffj the te¢eiv¢d w)nmDf)tioo by virti of his Tok. TRANSACTIONS wrrH TRUSTEFS £357 (2019.. NoDe). TANGIBLE FIXED ASS Freehold Under COST 281550 2236.522 37.097 325249 20.467 3.101.885 2.4LKI.o• 12,C(Kl (19,775) 47.(MXI {66.561) 2.459.( (112.535) (26.199) At 31 Dernth2020 2.68U50 2210.323 29.322 505.688 20.467 5.448.350 DEPRECIATION 16.8 I42.759 37.097 401JOi 1.497,957 Cbaree fOrr 53.6(KJ 170969 (26.199) 81719 (66J61) 310,288 (112535) (19.775) Ai 31 Dee¢JDber 2020 70.4th) 1.187J29 20322 417.459 1.695,710 NET BOOK VALIJE At 31 Decemkn 2020 £2.612,150 £1.022.794 £88229 £20,467 £3,752.640 At l January 2020 £265.750 £1.193.763 £123948 £20.467 £1,603928 Adiiirnl the wftof 4749 High Stsert Wal&tigbam (iknwry HLNX). This b85 be¢n by B#iley. Bird 18
WALSINGHAMTRU NOTES TO THE FINANCIAL STATEMENTS (C•Alb•e4) FOR THE YEAR ENDED 31 DECEMBER 2•2• STOCKS Y119 Shop stsJcL forrES 49.493 11.495 50259 13,085 £60.988 £63.344 DKBTORS 2019 4.148 53.140 J.690 134.121 11208 £145J29 £58978 2•J9 54.847 121.927 2(KI,(KKI 26.797 Swndry loao (se¢ 00¢¢ 17) 782 £661. £399J05 19
WALSINGRAM TRUST FOR THE YEAR ENDED 31 DECEMBER 2020 GENERAL FUNDS (Z•IO) Carrkd (93331) 1.439.116 (1.434256) {88J71) £(93231) £1.439.116 ql.434256) q88J71) C*rrled F•nFArd 22&703 1.441.093 (1.754.770) 16257) q93231) £226.70J £1.441.(P)3 ql.754.770) q6257) q93331) DESIGNATFD FUNDS (20 Fonv•rd Ix8acy Fund Fied Asset Fur Develr4MD¢nt Fund 29.447 l.fA13.928 2.4CQ.IKKI (103.424) 98.f1] (1.443) (310288) {16.618) (28,CW) 59,0 {30,996} 3.752,640 (52.437) £IJ(KIgM Q528.018 q328J49) £3.7(Q203 DESIGNATED FUNDS (2019) 108.138 {108,138) 693.433 {76315) Fued Asset Fund Dev¢lopn)en¢ Fund 1.187.407 {27.785) (276,912) (64.405) 1,603.928 (103,424) 65.081 £1.159.622 £173219 (£341 J17) £508980 £1 .504
WALSINGHAM TRUST Crrf¢d (IOlJ40) 47.995 7.930 (6.614) (47.995) (1.024} Holy W•rFon¢ ApFttl (WA) 35953 73238 47362 1.430 3,496 35953 9J26 7.652 lJ58 1.904 32J 52.172 (116,084) (39.710) 172) {1 J92) (1.7CQ) (307) 7J91 425 £6218 £203J34 q214.074) £(4.022) Fonvud 547.625 201.408 (240.092) (502.723) 6.218 £547.625 £20I.408 q240.092) q502.723) £6218 11 ANALYSIS OF A&SETS BETWW4 FUNDS1241• T•tsl TangiTrile assets 3.752.610 28.c•)4 (80.441) 3.751640 517.160 {661990) 393.154 (481J25) (1.024) q88 J71) £3.7203 q4.022) £3,&)7JlO 21
WAISINGK4M TRUST NOTLS TO TEE Fn¥ANCIAL STATEMFJITS (C•nll•ud) ANALYSIS OF A&8ETS BETWEEN FUNDS12•19) Fnnd* 2019 21119 are represtnted by: Tawble a$8¢18 1.603928 1.603.928 209,068 (399.505) 202.850 (29681} 6218 (103.424) £(93231) £lJ(KlJOI £6218 £1.413.491 102• 2019 . Withio ooe ycar 18,832 18,832 36.909 728 47.968 pondety"c. £326236 claimed through the CoTrDavw Job R¢teDtiOD Scheme (CJRS) HDd other lovent I& RFAATED PARTY TRANSACTIONS
WAISINGHAM TRU NOTES TO THE FDYANCIAL STATEMENTS (C•Dth#td) VOR THE YEAR ENDFI> 31 DECEMBER 2020 I& FINANCL4L INFORMATION FOR 2•19 2•19 INCOME TrNOM: Dooatioris L¢gaci¢s 448.654 65.081 108.138 558.183 108.138 44&654 173219 666.321 35502 649280 272567 35.01 145.IXM) 180502 649280 272,567 35.W) HosteLs aDdTea RLMlm T•tsi 1.441.093 173219 201.408 l JlS.720 Sbnll¢ Hos¢¢ls aodT¢8 RO 660,037 ,037 804.046 253.597 35.090 581,409 255J97 35.¢MI 341317 240.1)92 1.754,770 341.317 240.?2 2J36,179 NET (313.6TTI (168.098) (38.684) {520.459) (6257) 508980 (502.723) (319934) 340N2 ($41.4WT) (520.459) RECONCILIATION OF 226.703 1.159.622 547.625 1933.950 FORWARD £19323l} £lJ¢XIJO4 £6218 £1.413.491