##
##
|CONTENTS||
|---|---|
||Page|
|TRUSTEES' ANNUAL REPORT|1-5|
|INDEPENDENT E~R'SREPORT||
|STA~ OF FINANCIAL ACTIVITIES||
|BALANCE SHEET||
|NOTES TO THE ACCOUNTS|9-16|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|For the year ended 31December 20|21||||
|---|---|---|---|---|
|||||Period|
|||||from 18|
|||||October|
|||||2019to31|
||Unrestricted|Restricted|Total|December|
|Note|Funds|Funds|2021|2020|
|||0|||
|INCOME AND|||||
|ENDOWMENTS FROM:|||||
|Donations
and legacies
3|10,739|19,365|30,104|1,021,841|
|Investments
4|8|24,071|24,079|24,109|
|TOTAL INCOME|10,747|43,436|54,183|1,045„950|
|EXPENDITURE ON|||||
|Raising funds|6,737|5,778|12,515|6,857|
|Charitable
activities|2,223|77,839|80,062|68,585|
|TOTAL EXPENDITURE|8,960|83,617|92,577|75,442|
|NET (LOSS)/INCOME BEFORE|||||
|INVESTMENT|1,787|(40,181)|(38,394)|970,508|
|GAINS/(LOSSES)|||||
|Unrealised
gain/(loss)
on
revaluation
ofinvestments||63,606|63,606|79,471|
|Realised (loss)/gain
on sale of
investments||2,240|2,240|(26,493)|
|NET (LOSS)/INCOME|1,787|25,665|27,452|1,023,486|
|Transfers between funds|||||
|NET MOVEMENT IN FUNDS|1,787|25,665|27,452|1,023,486|
|TOTAL FUNDS BROUGHT
FORWARD|1,977|1,021,509|1,023,486||
|TOTAL FUNDS CARRIED
FORWARD|3,764|1,047,174|1,050,938|1,023,486|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|3
DO|NATIONS AND L|EGACIES|||||
|---|---|---|---|---|---|---|
|||||||Period|
||||Restricted|||from 18|
||||Choral|Restricted||October|
|||Unrestricted|Scholarship|Parish|Total|2019to31|
|||Funds|Fund|Trust Fund|2021|December|
|||||8||2020|
|Individual|donations|6,039|14,490||20,529|14,897|
|Gift Aid claim||2,500|||2,500|1,856|
|Donation from Tewkesbury||||||792,193|
|Abbey Schola Cantorum|||||||
|Scholarship|fund||||||
|Donation ftom Parish Trust||||||179,520|
|Grants received||2,200|4,875||7,075|33,375|
|||10,739|19,365||30,104|1,021,841|
##
|||||||Period|
|---|---|---|---|---|---|---|
|||||||from 18|
||||Restricted|||October|
||||Choral|Restricted||2019to 31|
|||Unrestricted|Scholarship|Parish|Total|December|
|||Funds|Fund|Trust Fund|2021|2020|
|||||8|||
|Bank interest|||||8|9|
|Investment|Income||22,609|1,462|24,071|24,100|
|||8|22,609|1,462|24,079|24,109|
##
##
|NO
For|TES TO THE ACCOUNTS
the year ended 31December 2021|TES TO THE ACCOUNTS
the year ended 31December 2021|TES TO THE ACCOUNTS
the year ended 31December 2021|||
|---|---|---|---|---|---|
|5|DEFICIT ON ORDINARYAC~S|||||
|Deficit on ordinary||activities|is stated after charging:|||
|||||2021|2020|
||Auditors
remuneration||||3,000|
||Independent|examiners|remuneration|2,000||
|||||2,000|3,000|
##
||||||||Period|
|---|---|---|---|---|---|---|---|
||||||||from 18|
|||||Restricted|||October|
|||||Choral|Restricted|Total|2019to31|
||||Unrestricted|Scholarship|Parish|2021|December|
||||Funds|Fund|Trust Fund||2020|
|Fundraising|manager|salary||||||
|and expenses|||4,513|4,514||9,027|4,017|
|Portfolio management||fees||1,262||1,262|1,147|
|Support costs|||2,224|2||2,226|1,693|
||||6,737|5,778||12,515|6,857|
##
##
|7
EXPENDIT|URE ON|CHARITABLE|ACTIVITIES||||
|---|---|---|---|---|---|---|
|||||||Period|
|||||||from 18|
||||Restricted|||October|
||||Choral|Restricted||2019to31|
|||Unrestricted|Scholarship|Parish|Total|December|
|||Funds|Fund|Trust Fund|2021|2020|
|Chorister scholarships|||||||
|Dean Close School|||52,817||52,817|50,739|
|Grant —Tewkesbury|Abbey|||||4,750|
|Grant —Dean Close Foundation||||||4,750|
|Celebrate costs||||25,019|25,019|6,653|
|Support costs||2,223|||2,226|1,693|
|||2,223|52,820|25,019|80,062|68,585|
##
||||||Period|
|---|---|---|---|---|---|
||||||from 18|
|||Restricted|||October|
|||Choral|Restricted|Total|2019to31|
||Unrestricted|Scholarship|Parish|2021|December|
||Funds|Fund|Trust Fund||2020|
|Bank charges|112|||117|110|
|Accountancy|2,360|||2,360|3,000|
|Insurance|276|||276|276|
|Office costs|1,699|||1,699||
||4,447|||4,452|3,386|
##
##
||Listed|
|---|---|
||Securities|
|Market value at 1 January 2021|921,151|
|Additions|6,042|
|Disposal proceeds|(14,000)|
|Income reinvested|1,462|
|Net unrealised
gain on revaluation ofinvestments|63,606|
|Net realised loss on disposals|2,240|
||980,501|
|Market value at 31December 2021||
||832,528|
|Historical cost at 31December 2021||
##
|10|DEBTORS|||
|---|---|---|---|
|||2021|2020|
||Gift Aid recoverable|4,356|1,856|
||Investment
income due|3,000|6,500|
|||7,356|8,356|
|11|CREDITORS - due within one year|||
|||2021|2020|
||Accrued expenses|34,869|11,760|
##
##
|2021:|||||
|---|---|---|---|---|
|||Restricted|||
|||Choral|Restricted||
||Unrestricted|Scholarship|Parish||
||Funds|Fund|Trust Fund|Total|
||E|||g|
|Funds brought|1,977|823,874|197,635|1,023,486|
|forward|||||
|Incoming resources|10,747|41,974|1,462|54,183|
|Outgoing resource|(8,960)|(58,598)|(25,019)|(92,577)|
|Gains and (losses)||64,937|909|65,846|
|Funds carried|3,764|872,187|174,987|1,050,938|
|forward|||||
|||Restricted|||
|---|---|---|---|---|
|||Choral|Restricted||
||Unrestricted|Scholarship|Parish||
||Funds|Fund|Trust Fund|Total|
||||E||
|Funds brought|||||
|forward|||||
|Incoming resources|9,320|834,497|202,133|1,045,950|
|Outgoing resource|(7,343)|(61,446)|(6,653)|(75,442)|
|Gains and (Iosses)||50,823|2,155|52,978|
|Funds carried|1,977|823,874|197,635|1,023,486|
|forward|||||
##
##
##
|||Restricted|||
|---|---|---|---|---|
|||Choral|Restricted||
||Unrestricted|Scholarship|Parish||
||Funds|Fund|Trust Fund|Total|
||0|P.|||
|Investments||875,461|105,040|980,501|
|Debtors|4,356||3,000|7,356|
|Cash at bank|1,408|16,018|80,524|97,950|
|Creditors|(2,000)|(19,292)|(13,577)|(34,869)|
||3,764|872,187|174,987|1,050,938|
|:|||||
|---|---|---|---|---|
|||Restricted|||
|||Choral|Restricted||
||Unrestricted|Scholarship|Parish||
||Funds|Fund|Trust Fund|Total|
||||K||
|Investments||818,481|102,670|921,151|
|Debtors|1,856|3,500|3,000|8,356|
|Cash at bank|5,228|1,893|98,618|105,739|
|Creditors|(5,107)||(6,653)|(11,760)|
||1,977|823,874|197,635|1,023,486|
##