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2020-12-31-accounts

ALL SAINTS BROUGHTON CHURCH TRUST

Charity Commission number 1181967 registered 11th February 2019

Trustees: Canon Nicholas Turner : Miss Annette Goldsmith : Mrs Jean Lancaster : Fr Alex Ladds

ANNUAL ACCOUNTS FOR 2020

2019 INCOME 2019 EXPENDITURE
Income for capital:
1100 Initial donations 0.00 0 None 0.00
21328 Earlier legacies 0.00 Ordinary Expenditure £0.00
Income for grants:
146 Dividends from CoE CBF 654.34 Excess of inc. over exp. 929.79
0 Gift Aid from HMRC 275.45
Ordinary Income £929.79 £929.79

BALANCE SHEET for 2020

BEGINNING OF THE YEAR END OF THE YEAR
Current Account 2,573.76 Current Account 503.55
Capital Fund 20,000.00 Existing CoE Investment Fund 20,000.00
Opening balance £22,573.76 Shares bought in 2020 3,000.00
Excess of income over expenditure 929.79
£23,503.55 Closing balance £23,503.55

REPORT OF THE YEAR & ACCOUNTING NOTES

  1. 2020 has been our first full year as a trust. We had hoped to be able to give help towards the care and maintenance of All Saints’ Church, but Covid-19 closed down nearly all church worship and activity. We consequently made no grants at all. There will be work to support next year.

  2. The trust received no donations during the year. The trustees would urge members of the congregation, and others interested in the longer-term viability of this little country church, to make others aware of the trust’s existence and purpose.

  3. Further shares were brought during the year in the Church of England Central Board of Finance Investment Fund (Income): 99.59 on 18th February, at a cost of £2,000; 50.87 on 18th August, at a cost of £1,000; giving a total at the end of the year of 1,202.07 shares, with a market value of £24,400.

Nicholas Turner

Hon. Treasurer

Mrs Pat Padgett Hon. Examiner