ACCOUNTING NOTES
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Income Sadly, we have only a single Standing Order. Such regular gifts from our committed supporters ought to be a solid and dependable source of income: the lack is disappointing.
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Expenditure We are grateful to Parcevall Hall and the Walsingham trustees for their generous support for the ministry of the chapel.
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Increase to capital Our capital consists of shares in the Church of England Central Board of Finance Investment Fund (Income shares), a fund specifically set up and managed for church charities. We bought 30.76 more shares, for £650, on 27[th] June; this gives us a total of 545.39 shares on 31.12.22, worth £11,290.
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St Raymund Trust - Dividend Income
£400
£300
£200
£100
£0
2009 2011 2013 2015 2017 2019 2021
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4. : Bank details for gifts & donations
A/c name : St Raymund Trust Sort code : 20-15-70 Barclays A/c number : 43464563
A Charitable Incorporated Organisation supporting the work of the The Society of St Wilfrid & St Hilda within the Diocese of Leeds
ST RAYMUND TRUST
Charity Commission no.: 1191892 Registered in 2020
ANNUAL REPORT FOR 2022
THE TRUST was originally started in 2008 to support the work of Forward in Faith in the old Diocese of Bradford. It was then extended to the new Diocese of Leeds, and was registered as a fully fledged CIO with the Charity Commission in 2020.
Why St Raymund ? Charity regulation decreed that the trust should be distinct from FiF, and in no way confused with it. We decided to name ourselves after a Saint of the Church, most of whom had already been taken by one charity or another; until we discovered the heroic and indefatigable St Raymund (1204–1240), who gave his life to the freeing of Christian men and women from slavery in North Africa.
The trust seeks to offer a rising annual income to support The Society in Leeds diocese, in the long-term. At the moment, £320 a year can achieve little; but if the income can increase over the years, our figurative grand-children will thanks us later in the century.
Our principal support this year has been for the Milner Chapel (also known as the Garden Chapel) at Parcevall Hall, administered by the Shrine of Our Lady of Walsingham. Now re-opened after Covid, and reserved to clergy of The Society, a monthly Mass has been celebrated (Nov–Jan excepted) [For further details: canonannturner@icloud.com]
Trustees: Mr Robert Hall : Mrs Mary Speight Canon Nicholas Turner : Canon David Nicholson
ANNUAL ACCOUNTS FOR THE ST RAYMUND TRUST
2021 INCOME in 2022
2021 EXPENDITURE in 2022
| 021 | INCOMEin 2022 | ||
|---|---|---|---|
| Income intended for capital: | |||
| 20 | Single donations | 256.05 | |
| 165 | Standing order | 250.00 | |
| 0 | HMRC Gift Aid refund | 248.26 | 754.31 |
| Income available for grants & expenditure: | |||
| 291 | Dividends from investments | 320.90 | 320.90 |
| Ordinary Income | £1,075.21 |
| 021 EXPENDITUREin 2022 |
|
|---|---|
| Ordinary expenses: | |
| 0 Milner Chapel costs |
133.81 |
| Ordinary Expenditure | £133.81 |
| For the increase of capital: | |
| 550 Shares bought during the year |
650.00 |
| Combined Expenditure | £783.81 |
| Excess of income over expenditure | 291.40 |
| £1,075.21 | |
| or 2022 | |
| END OF THE YEAR | |
| Current Account | 401.19 |
| Initial Capital – 514.39 shares | 7,550.00 |
| Shares bought during the year | 650.00 |
| Closing balance | £8,601.19 |
| Robert Hall, Hon. Treasurer |
BALANCE SHEET for 2022
| BEGINNING OF THE YEAR | ||
|---|---|---|
| Current Account | 109.79 | |
| Capital Fund, at the end of 2021 | 7,550.00 | |
| Opening balance | £7,659.79 | |
| Excess of ordinary income over | expenditure | 941.40 |
| £8,601.19 | ||
| Nicholas | Turner, Chairman |