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2024-12-31-accounts

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARYON-PADDINGTON GREEN

TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2024

Legal and Administrative Information

Registered Address: Saint Mary’s Church, Paddington Green, London, W2 1LG

Charity Registration Number: 1187948

PCC Members (Trustees) who have served during the year:

The Reverend Andrew Norwood (Chairman until 15[th] September 2024) The Reverend Christopher Stoltz (Chairman from 15[th] September 2024) Reina Tan Churchwarden (resigned 19[th] July 2024) Anthony Kyrke-Smith Churchwarden (3[rd] October 2024) Miles Williams Churchwarden (6[th] September 2020) Christian Hesselhoj Treasurer (resigned 19[th] July 2024) Magnus Millingen Secretary (3[rd] October 2024) Len Clark Jonathan Cunliffe Angie Garvich Mark Hurst Richard Smith Jane Stringfellow Deanery Synod Rep. (1[st] June 2023) Margareta Sjöqvist Deanery Synod Rep. (1[st] June 2023) Burak Borahan Treasurer (3[rd] October 2024) (not a member of the PCC) Independent Examiner Data Developments First Floor, The Chubb Buildings Fryer Street Wolverhampton WV1 1HT

Bankers National Westminster Bank, 127 Kilburn High Road, London, NW6 6JL

1

Correspondence Address Parish Ofice, St Saviour’s Church, Warrington
Crescent, London, W9 2PT
Telephone number 020 7723 7266
Email address admin@parishofittlevenice.com
Website https://www.parishofittlevenice.com/st-mary-
on-paddington-green

Within the past year, the parish welcomed the arrival of its new Incumbent, Father Christopher Stoltz, who returned to the Diocese of London after serving for a number of years as Chaplain of Haileybury College in Hertfordshire. Fr Christopher was installed as Vicar of the Parish of Little Venice at a Mass at St Saviour’s Church on Sunday, 15[th] September 2024, by the Bishop of London, the Rt Reverend and Rt Honourable Dame Sarah Mullally. Both St Mary’s and St Saviour’s were well represented at the service.

Greatly deserving of thanks are those individuals who participated in the search process, in the interviews, and in ensuring that the life of the parish continued and flourished during the interregnum and into the early months of a new incumbency.

Father Christopher’s arrival as Vicar has meant that Father Andrew Norwood has again become an Assistant Priest in the parish, having served during the interregnum as the Acting Priest-in-Charge of the parish. The parish is very grateful indeed to Fr Andrew for his leadership during that time. Both Father Andrew and Father Ellis Blackmore, an Honorary Assistant Priest in the parish, continue to make a valuable contribution to the life of the parish.

Early priorities for the Vicar, in addition to becoming familiar with the parish and its parishioners, have included: working closely with St Saviour’s Church of England Primary School, working on a Mission Action Plan for the parish, considering how best to develop existing liturgical and musical resources, bringing the extensive project of work at St Mary’s to a fruitful conclusion, connecting with local community organisations and organisers, and playing an active role within the Paddington Deanery.

St Mary’s (with St Saviour’s) retains a close and fruitful relationship with St Saviour’s Church of England Primary School. Libby Granite, the school’s head, is entirely supportive of, and desirous of developing further, the school’s actively Christian ethos, not least in its provision of religious education, in supporting the weekly term-time School Mass, and in ensuring that the children and staff participate in (at least) termly services in St Saviour’s Church. The governing body of the school is, for the most part,

2

actively involved in the worshipping life of St Mary’s or St Saviour’s Church. The Vicar and the Assistant Priest continue weekly to spend time in the school. The Vicar became a Governor and the Assistant Priest ceased his duties as a Governor. On the Feast Day of Corpus Christi Sunday, 2[nd] June 2024, 23 children were admitted to their First Communion at a Mass at St Saviour’s. Thanks are due to Kelly Rogers at St Saviour’s School, who oversaw the catechetical preparation of the children for Communion. On Sunday 19[th] May 2024, we welcomed Bishop David Urquhart, who confirmed 8 people at St Mary’s.

The extensive project of works, undertaken by Universal Stone Ltd and directed by Nick Cox Architects Ltd, focused largely on the cupola and roof, have (at the time of writing) nearly concluded – and with a later finish date than had been anticipated. The works ensure that the roof is sealed against the elements such that internal damage, caused principally by rainwater, will no longer be an issue. This also means that, when the time is deemed correct and finances allow, an internal project of redecoration can be anticipated. Many thanks are due especially to Anthony Kyrke-Smith and Tony Ball, whose vigilance and knowledge have ensured that the project has been well-informed and kept on track, and to Reina Tan and Christian Hesselhoj for their earlier commitment to the project until their departure in July.

Attendance at the 9.30am Mass has seen some growth over the past year, and this includes a number of young children. Refreshments after each Mass are wellprovisioned and much in demand, and thanks go to the volunteers who set up, serve, and clean-up after refreshments. Our Safeguarding policies and resulting practices are up-to-date, clearly communicated, and constantly under view, and many thanks go to Mark Hurst, the Designated Safeguarding Lead, whose constancy and vigilance are greatly appreciated.

The PCC continues to receive a steady stream of income from the Phileas Fox Nursery School that meets during the week in the Church Hall.

Finally, mention must be made of those people who, day to day, serve the parish well and enable the ministry of Christ’s Church in Little Venice to flourish. Mention has already been made of Fr Andrew and Fr Ellis. Also to be thanked for their dutiful service are the Parish Administrator, Karen Peakman; Churchwardens, Reina Tan, Anthony Kyrke-Smith, and Miles Williams; the Director of Music, Jonathan Cunliffe; and all members of the PCC and volunteers not yet named.

The Reverend Christopher Stoltz Chairman

3

Independent Examiner’s report to the trustees/members of The PCC of St Mary on Paddington Green Registered charity number: 1187948

I report on the accounts for the year ended 31[st] December 2024 which are set out on the following pages.

Respective responsibilities of the Trustees and Independent Examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility

Basis of Independent Examiner's Statement

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view, and the report is limited to those matters set out in the statement below.

Independent Examiner's Statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in any material respect:

I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 1[st] May 2025 Stephen Hendy

Data Developments, First Floor, The Chubb Buildings, Fryer Street, Wolverhampton, WV1 1HT

4

The Parochial Church Council of St Mary on Paddington Green Financial Statements for the Year Ended 31st December 2024

Accounting Policies

The PCC is a public benefit entity within the meaning of FRS 102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations' "true and fair view" provisions. They have also been prepared in accordance with the Charities SORP (FRS 102).

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members.

There may be minor discrepancies in the totals as the pence are not being shown.

Cashflow Statement

The Charity has taken advantage of the exemption in FRS102 from the requirement to produce a Cash flow statement on the grounds that the income does not exceed £500,000.

Going Concern

There are no material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern.

Accounting Estimates and Prior Year Errors

No changes to accounting estimates have occurred in the reporting period. No material prior year errors have been identified in the reporting period.

Description of Funds

Unrestricted funds are income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its "free reserves" as disclosed in the trustees' annual report.

Restricted funds comprise of two elements:

a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest

b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be

5

carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.

Endowment funds are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in the notes to the accounts.

Income

Planned giving, collections and donations are recognised when received or when the PCC becomes entitled to the resource and the monetary value can be measured with sufficient reliability. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due and the monetary value can be measured with sufficient reliability. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.

Expenditure

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan common fund is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.

Governance and Support Costs

Support costs should be allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the PCC and its compliance with regulation and good practice.

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources eg by allocating staff costs by time spent and other costs by their usage.

Fixed Assets

Consecrated and benefice property is not included in the accounts by s.10(2)(a)&(C) of the Charities Act 2011.

Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements.

6

No depreciation is provided on buildings as the currently estimated residual value of the properties is not less than their carrying value and the remaining useful life of these assets exceeds 50 years, so that any depreciation charges would be immaterial. Other tangible fixed assets are valued at cost.

Investments

Investments in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently at market value at the year end. Investments held for re-sale are treated as current asset investments.

Debtors

Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash expected to be received.

Creditors and Accruals

Creditors are measured at settlement amounts less any trade discounts. Accruals are measured on best estimate of the amount required to settle the obligation at the reporting date.

7

The PCC of St Mary on Paddington Green Financial Statements for the year ended 31 December 2024

Statement of Financial Activities for the year ended 31 December 2024

Unrestricted
funds
Designated
funds
Restricted
funds
Endowment
funds
Total
funds
Prior year
total
funds
Income and endowments from:
Donations and legacies
69,912
-
-
-
69,912
166,996
Income from charitable activities
-
-
-
-
-
-
Other trading activities
-
-
-
-
-
-
Investments
139,200
935
1,995
-
142,130
139,473
Other income
-
-
-
-
-
-
Total income
209,111
935
1,995
-
212,041
306,469
Expenditure on:
Raising funds
175
-
-
-
175
484
Expenditure on charitable activities 470,410
-
66,600
-
537,010
479,704
Other expenditure
-
-
-
-
-
-
Total expenditure
470,585
-
66,600
-
537,185
480,188
Net income / (expenditure)
resources before transfer
(261,473)
935
(64,605)
-
(325,144) (173,719)
Transfers
Gross transfers between funds - in -
-
-
-
-
-
Gross transfers between funds -
out
-
-
-
-
-
-
Other recognised gains / losses
Gains/losses on investment assets -
-
-
-
-
-
Gains on revaluation, fxed assets,
charity's own use
-
-
-
-
-
3,330,000
Net movement in funds
(261,473)
935
(64,605)
-
(325,144) 3,156,281
Reconciliation of funds
Total funds brought forward
340,835
14,179
3,150,688
-
3,505,702 349,421
Total funds carried forward
79,361
15,114
3,086,083
-
3,180,558 3,505,702
Represented by
Unrestricted
General fund
79,361
-
-
-
79,361
340,835
Designated
Mrs MacCormick
-
15,114
-
-
15,114
14,179
Restricted
Alter Missal
-
-
-
-
-
-
Church Hall Freehold Property
-
-
2,930,400
-
2,930,400 2,997,000
Clock Fund
-
-
-
-
-
-
Gold Vestment Fund
-
-
-
-
-
-
Green Vestment Fund
-
-
-
-
-
-
Hall Deposit
-
-
28,683
-
28,683
28,683
Judith Mcdonald
-
-
99,651
-
99,651
99,651
Organ Fund
-
-
64
-
64
64
Restoration Fund
-
-
27,285
-
27,285
25,290
Vestment Fund
-
-
-
-
-
-
Endowment
Mrs MacCormick
-
-
-
-
-
-
69,912
-
-
-
69,912
166,996
-
-
-
-
-
-
-
-
-
-
-
-
139,200
935
1,995
-
142,130
139,473
-
-
-
-
-
-
470,585
-
66,600
-
537,185
480,188
(261,473)
935
(64,605)
-
(325,144) (173,719)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
3,330,000
(261,473)
935
(64,605)
-
(325,144) 3,156,281
340,835
14,179
3,150,688
-
3,505,702 349,421
79,361
15,114
3,086,083
-
3,180,558 3,505,702
79,361
-
-
-
79,361
340,835
-
15,114
-
-
15,114
14,179
-
-
-
-
-
-
-
-
2,930,400
-
2,930,400 2,997,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
28,683
-
28,683
28,683
-
-
99,651
-
99,651
99,651
-
-
64
-
64
64
-
-
27,285
-
27,285
25,290
-
-
-
-
-
-
-
-
-
-
-
-

8

The PCC of St Mary on Paddington Green Financial Statements for the year ended 31 December 2024

Balance Sheet at 31 December 2024

Class and code
Description
As at
31/12/2024
As at
31/12/2023
Fixed assets
6430
Church hall freehold property valuation
6440
Church hall dep'n b/fwd
6441
Church hall dep'n charge in year
Total Fixed assets
Current assets
6501
Bank current account
6505
CCLACB3029512-001 Rent deposit
6510
CCLA CB3029511-001
6515
Natwest Savings
Total Current assets
Liabilities
6603
Accrued expenditure at year end
Total Liabilities
Net Asset surplus (defcit)
Reserves
Excess/(defcit) to date
Z01
Starting balances
Z02
Gains/(losses) on investment assets
Z03
Gains/(losses) on reval of fxed assets
Total Reserves
Represented by Funds
General (Unrestricted)
Designated
Restricted
Endowment
Total
3,263,400
3,330,000
(266,400)
(266,400)
(66,600)
(66,600)
2,930,400
2,997,000
15,585
33,493
24,822
23,888
52,951
50,956
156,799
401,894
250,158
510,232
-
1,530
-
1,530
3,180,558
3,505,702
(325,144)
(94,088)
3,505,702
269,790
-
-
-
3,330,000
3,180,558
3,505,702
79,361
340,835
15,114
14,179
3,086,083
3,150,688
-
-
3,180,558
3,505,702

Approved by the PCC on …………………..2025 and signed on it’s behalf by:

……………………………………….. ………………………………………….

9

The PCC of St Mary on Paddington Green Financial Statements for the year ended 31 December 2024

Statement of Assets and Liabilities – 2024

Class and nominal code General Designated Restricted Endowment Total
Last
year
Fixed Asset - Tangible Assets
6430: Church hall freehold property
valuation
-
-
3,263,400
-
3,263,400 3,330,000
6440: Church hall dep'n b/fwd
-
-
(266,400)
-
(266,400) (266,400)
6441: Church hall dep'n charge in year -
-
(66,600)
-
(66,600)
(66,600)
Total
-
-
2,930,400
-
2,930,400 2,997,000
Current Asset - Cash At Bank And In Hand
6501: Bank current account
15,585
-
-
-
15,585
33,493
6505: CCLACB3029512-001 Rent
deposit
651
935
23,237
-
24,822
23,888
6510: CCLA CB3029511-001
11,487
14,179
27,285
-
52,951
50,956
6515: Natwest Savings
51,639
-
105,161
-
156,799
401,894
Total
79,361
15,114
155,683
-
250,158
510,232
Liability - Creditors: Amounts Falling Due In One Year
6603: Accrued expenditure at year end -
-
-
-
-
1,530
Total
-
-
-
-
-
1,530
Net total assets
79,361
15,114
3,086,083
-
3,180,558 3,505,702
-
-
3,263,400
-
3,263,400 3,330,000
-
-
(266,400)
-
(266,400) (266,400)
-
-
(66,600)
-
(66,600)
(66,600)
-
-
-
-
-
1,530
79,361
15,114
3,086,083
-
3,180,558 3,505,702

Statement of Assets and Liabilities – 2023

Class and nominal code General Designated Restricted Endowment Total
Last
year
Fixed Asset - Tangible Assets
6430: Church hall freehold property
valuation
-
-
3,330,000
-
3,330,000 -
6440: Church hall dep'n b/fwd
-
-
(266,400)
-
(266,400) -
6441: Church hall dep'n charge in year -
-
(66,600)
-
(66,600)
-
Total
-
-
2,997,000
-
2,997,000 -
Current Asset - Cash At Bank And In Hand
6501: Bank current account
33,493
-
-
-
33,493
277,860
6505: CCLACB3029512-001 Rent
deposit
651
-
23,237
-
23,888
22,840
6510: CCLA CB3029511-001
11,487
14,179
25,290
-
50,956
48,721
6515: Natwest Savings
296,734 -
105,161
-
401,894
-
Total
342,365 14,179
153,688
-
510,232
349,421
Liability - Creditors: Amounts Falling Due In One Year
6603: Accrued expenditure at year end 1,530
-
-
-
1,530
-
Total
1,530
-
-
-
1,530
-
Net total assets
340,835 14,179
3,150,688
-
3,505,702 349,421
-
-
3,330,000
-
3,330,000 -
-
-
(266,400)
-
(266,400) -
-
-
(66,600)
-
(66,600)
-
1,530
-
-
-
1,530
-
340,835 14,179
3,150,688
-
3,505,702 349,421

10

Fund movement summary – 2024

Fund Opening Incoming Outgoing Transfers Gains/Losses Journals Closing
Challresfreeprop
Restricted
Sub-totals
Hall
Restricted
Sub-totals
Judith
Restricted
Sub-totals
MacCormick
Designated
Sub-totals
Organ
Restricted
Sub-totals
Rest
Restricted
Sub-totals
General
Unrestricted
Sub-totals
2,997,000 -
66,600
-
-
-
2,930,400
2,997,000 -
66,600
-
-
-
2,930,400
28,683
-
-
-
-
-
28,683
28,683
-
-
-
-
-
28,683
99,651
-
-
-
-
-
99,651
99,651
-
-
-
-
-
99,651
14,179
935
-
-
-
-
15,114
14,179
935
-
-
-
-
15,114
64
-
-
-
-
-
64
64
-
-
-
-
-
64
25,290
1,995
-
-
-
-
27,285
25,290
1,995
-
-
-
-
27,285
340,835
209,111
470,585
-
-
-
79,361
340,835
209,111
470,585
-
-
-
79,361
Totals 3,505,702 212,041
537,185
-
-
-
3,180,558

Fund movement summary – 2023

Fund Opening Incoming Outgoing Transfers Gains/Losses Journals Closing
Challresfreeprop
Restricted
Sub-totals
Hall
Restricted
Sub-totals
Judith
Restricted
Sub-totals
MacCormick
Designated
Sub-totals
Organ
Restricted
Sub-totals
Rest
Restricted
Sub-totals
-
-
333,000
-
3,330,000
-
2,997,000
-
-
333,000
-
3,330,000
-
2,997,000
27,638
1,045
-
-
-
-
28,683
27,638
1,045
-
-
-
-
28,683
99,181
470
-
-
-
-
99,651
99,181
470
-
-
-
-
99,651
13,557
622
-
-
-
-
14,179
13,557
622
-
-
-
-
14,179
64
0
-
-
-
-
64
64
0
-
-
-
-
64
24,181
1,110
-
-
-
-
25,290
24,181
1,110
-
-
-
-
25,290

11

General
Unrestricted
Sub-totals
184,801
303,222
147,188
-
-
-
340,835
184,801
303,222
147,188
-
-
-
340,835
Totals 349,421
306,469
480,188
-
3,330,000
-
3,505,702

Analysis of income and expenditure for the year ended 31 December 2024

Total
**Unrestricted ** Designated **Restricted ** **Endowment ** This
year
Last
year
INCOME AND ENDOWMENTS FROM:
Donations and legacies
0101 - Gift Aid - Bank 7,349 - - - 7,349 7,583
0110 - Gift Aid - Envelopes 1,658 - - - 1,658 1,474
0201 - Other planned giving - - - - - 185
0202 - Online Giving 3,032 - - - 3,032 5,833
0301 - Loose plate collections 1,285 - - - 1,285 -
0501 - One-of Gift Aid gifts - - - - - 1,304
0510 - Gifts of quoted securities 56,587 - - - 56,587 -
0701 - Legacies - - - - - 150,617
Donations and legacies Totals 69,912 - - - 69,912 166,996
Investments
1020 - Bank and building society
interest
4,905 935 1,995 - 7,835 5,178
1030 - Rent from lands or buildings 134,295 - - - 134,295 134,295
Investments Totals 139,200 935 1,995 - 142,130 139,473
Income and endowments Grand
totals
209,111 935 1,995 - 212,041 306,469
EXPENDITURE ON:
Raising funds
1730 - Costs of fetes & other events - - - - - 128
2363 - Online Donation Charges 175 - - - 175 356
Raising funds Totals 175 - - - 175 484
Expenditure on charitable activities
1850 - Charitable Giving - - - - - 30
1901 - Common Fund 61,430 - - - 61,430 81,799
2001 - Assistant staf costs 50 - - - 50 -
2050 - Salary of parish administrator 17,140 - - - 17,140 -
2101 - Working expenses of
incumbent
- - - - - 381
2140 - Water rates - vicarage - - - - - 290
2150 - Vicar's telephone - - - - - 456
2301 - Church running - insurance 5,823 - - - 5,823 6,149
2310 - Church ofice - telephone 2,013 - - - 2,013 1,978
2325 - Organist Fees 5,545 - - - 5,545 7,710
2326 - Musician and Music Costs 1,868 - - - 1,868 195
2330 - Church maintenance 9,536 - - - 9,536 14,055
2331 - Cleaning 2,295 - - - 2,295 2,520
2340 - Upkeep of services 1,126 - - - 1,126 837
2342 - Refreshments/Hospitality - - - - - 1,286
2350 - Upkeep of churchyard 6,919 - - - 6,919 12,282
2360 - Administration 362 - - - 362 3,580
2362 - Bookkeeping 2,368 - - - 2,368 180

12

2401 - Church running - electric
2601 - Governance costs
examination/audit fee
2710 - Church major repairs -
installation
2730 - Architect fees re church
redesign
2940 - Church hall freehold property
dep'n
Expenditure on charitable
activities Totals
Expenditure Grand totals
4,454
-
-
-
4,454
4,245
(1,530)
-
-
-
(1,530)
1,530
321,771
-
-
-
321,771 -
29,240
-
-
-
29,240
7,200

-
-
66,600
-
66,600
333,000
470,410
-
66,600
-
537,010 479,704
470,585
-
66,600
-
537,185 480,188

Prior Year Comparative Statement of Financial Activities for the year ended 31 December 2023

Unrestricted
funds
Designated
funds
Restricted
funds
Endowment
funds
Total
funds
Prior
year
total
funds
Income and endowments from:
Donations and legacies
166,996
-
-
-
166,996
26,335
Income from charitable activities
-
-
-
-
-
12
Other trading activities
-
-
-
-
-
134,295
Investments
136,226
622
2,625
-
139,473
-
Other income
-
-
-
-
-
38,258
Total income
303,222
622
2,625
-
306,469
198,900
Expenditure on:
Raising funds
484
-
-
-
484
609
Expenditure on charitable activities 146,704
-
333,000
-
479,704
134,771
Other expenditure
-
-
-
-
-
3,650
Total expenditure
147,188
-
333,000
-
480,188
139,030
Net income / (expenditure)
resources before transfer
156,034
622
(330,375)
-
(173,719) 59,870
Transfers
Gross transfers between funds - in
-
-
-
-
-
-
Gross transfers between funds - out -
-
-
-
-
-
Other recognised gains / losses
Gains/losses on investment assets -
-
-
-
-
929
Gains on revaluation, fxed assets,
charity's own use
-
-
3,330,000
-
3,330,000 -
Net movement in funds
156,034
622
2,999,625
-
3,156,281 60,799
Reconciliation of funds
Total funds brought forward
184,801
13,557
151,063
-
349,421
288,621
Total funds carried forward
340,835
14,179
3,150,688
-
3,505,702 349,421
166,996
-
-
-
166,996
26,335
-
-
-
-
-
12
-
-
-
-
-
134,295
136,226
622
2,625
-
139,473
-
-
-
-
-
-
38,258
303,222
622
2,625
-
306,469
198,900
484
-
-
-
484
609
146,704
-
333,000
-
479,704
134,771
-
-
-
-
-
3,650
147,188
-
333,000
-
480,188
139,030
156,034
622
2,999,625
-
3,156,281 60,799
184,801
13,557
151,063
-
349,421
288,621
340,835
14,179
3,150,688
-
3,505,702 349,421

13