|Contents||Page|
|---|---|---|
|Reference and Administration|||
|Trustees report||2-3|
|Independent<br>examiner's|report||
|Statement of Financial|Activities||
|Balance sheet|||
|Notes to the Financial|Statements|7-11|





|||1|||||
|---|---|---|---|---|---|---|
|||The Posbury St|Francis Trust||||
|||Reference and Administration|||||
|Governing|document|CIO- Foundation|Registered||26 January 2021||
|Registered|Charity Number|1193254|||||
|Principal address||The Old Deanery|||||
|||The Cloisters|||||
|||Exeter|||||
|||Devon|||||
|||EX1 1HS|||||
|Trustees||The Ven. Dr Trevor Jones -|||Chair||
|||Mrs Jennifer<br>Ellis|- Vice-Chair||||
|||Mr Giles Frampton|FCA - Treasurer||||
|||Rev'd Preb' Philip|Sourbut (resigned June 2023)||||
|||Rev'd Canon<br>lan Morter|||||
|||Dr Simon Harrison|||||
|||Dr Demelza<br>Henderson|||||
|||Dr Bridget Gillard|||||
|||Rev'd lan Bussel (appointed|||June 2023)||
|||The Lord Bishop of Exeter, The||||Rt Rev Robert Atwell (ex-officio)|
|Bankers||National<br>Westminster||Bank|pic||
|||11 Rolle Street|||||
|||Exmouth|||||
|||EX8 1HH|||||
|Independent|Examiner|Mrs M Hutchings|||||
|||Apsleys Chartered|Accountants||||
|||21 Bampton Street|||||
|||Tiverton|||||
|||Devon|||||
|||EX166AA|||||
|Solicitors||Stephens Scown|||||
|||Curzon House|||||
|||Southernhay<br>West|||||
|||Exeter|||||
|||EX1 1RS|||||
|Investment|manager|COLA Investment|Management|||Ltd|
|||Senator House|||||
|||85 Queen Victoria|Street||||
|||London|||||
|||EC4V 4ET|||||






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|||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||Income|~Ca|ital|Funds|Funds|
|||||Notes|Fundf|Fundf||2022f|2021f|
|Income||||||||||
|Rental income|||||14,172|||14,172|6,471|
|investment<br>income|||||30,589|||30,589|8,286|
|Total income|||||44,761|||44,761|14,757|
|Expenditure<br>on:||||||||||
|Charitable<br>activities||||||||||
|Maintenance<br>ofinvestment|||properties||20,882|||20,882|17,001|
|Administrative<br>expenses|||||11,813|||11,813|4,609|
|Grants and awards|||||18,580|||18,580||
|Total expenditure|||||51,275|||51,275|21,610|
|Other expenditure||||||||||
|Realised Profit/(Loss)<br>on investments<br>Unrealised<br>Profit/(Loss)<br>on Investments||||||(11,792)<br>~129,412||(11,792)<br> ~129,412|74,948|
|Net income/<br>(expenditure)|||||(6,514)|(141,204)||(147,718)|68,095|
|Other gains<br>/ losses|||||4,563|||4,563|2,204,164|
|Net Movement<br>in Funds|||||(1,951)|(141,204)||(143,155)|2,272,259|
|Reconciliation<br>offunds:||||||||||
|Balances brought<br>forward|||||102,311|2,169,948||2,272,259||
|Balances carried forward|||||100,360|2,028,744||2,129,104|2,272,259|








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||||||||
|---|---|---|---|---|---|---|
|ysis|of|Net Assets between|Funds||Net||
|||||Fixed Assets|Current||
||||||Assets|Total|
||||||6|6|
|Capital||Fund||1,936,440|92,304|2,028,744|
|Income||Fund||7,271|93,089|100,360|
|||||1,943,711|185,393|2,129,104|



## 

||||||||New Awards|
|---|---|---|---|---|---|---|---|
|Personal Awards - for studies|||in spirituality,|religion||and evangelism|F|
||Rev Gary Deighton||||||1,650|
||Rev Oily Mears||||||1,000|
||Rev David Nixon||||||500|
||Rev'd Martin Wood||||||500|
||||||||3,650|
|Community|Awards -for research and training||||in theology and religion|||
||Spiritual<br>Direction|Network|||||1,130|
||Exeter University||||||1,800|
||Exeter Cathedral||||||5,000|
|EDBF|||||||7,000|
||||||||14,930|
|Overall totals||||||||
|Total Community||awards|||||14,930|
|Total Personal<br>awards|||||||3,650|
|Overall total for all|||awards||||18,580|