2022-03-31-accounts - The Church Cottages Trust

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	SORP reference
Summary ofthe purposes of the charity as set out in its	Para 1.17	The relief offinancial hardship by the provision ofmaintenance oflow
governing document		cost/below market value residential rented li accommodation.
Summary of the main activities in relation to those	Para 1.17and 1.19	To rent low cost affordable housing to those in need.
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Statement confirming	Para 1.18	We have complied with the duty in
whether the trustees have		section 4 ofthe Charities Act 2006to
had regard to the guidance		have due regard tothe public benefit as
issued by the Charity		per the guidance published by the
Commission on public		Charity Commission.
benefit

chieve	me	nts and Pe	rfor	mance
			R	ra aranca
					Out ofthe two	properties	owned by the
					Charity, one has now been fully
					refurbished allowing this		property to be
Summary of achievements		the main ofthe charity,	Para	1.20	rented out to a who otherwise	younger parishioner, may not be able to afford
identifying	the difference the				to reside in the	parish.
charity's	work	has made to
the circumstances of its
beneficiaries		and any wider
benefits to society as a
whole.

Achievements against	Para 1.41
objectives set
Performance of fundraising activities against objectives	Para 1.41
set
Investment perform ance	Para 1.41
against objectives
Other

Financial Review
Review ofthe charity's		Para 1.21	At the end of March 2022	the Trust hold
financial position at the end of the riod			827,029, this is acceptable but insufficient to refurbish cotta eNo.2.
Statement explaining the		Para 1.22	All ofthe funds are unrestricted		and
policy for holding reserves statin wh the are held			would be used to maintain	the cottages.
Amount of reserves held		Para 1.22	R27029
Reasons for holding zero		Para 1.22	NIA
reserves
Details of fund materially	in	Para 1.24	N/A
deficit
Explanation of any		Para 1.23	NIA
uncertainties about the
charity continuing as a going
concern
Additional information (optional)
You ma choose to include	further statements		where relevant about:
The charity's principal sources offunds (including		Para 1.47
any fundraising)
Investment policy and objectives including any		Para 1.46
social investment policy
adopted
A description ofthe principal		Para 1.46
risks facing the charity
Other

Description of charity's			Charitable Incorporated	Charitable Incorporated	Organisation
trusts:
Type of governing document		Para 1.25	CIO Constitution
How is the charity		Para 1.25	Incorporated	(CIO)
constituted?
Trustee selection methods		ara 1.2	All trustees	are volunteers	and must
including details of any			reside in the	parish.
constitutional provisions	e.g.
election to post or name	of
any person or body entitled
to appoint one or more
trustees
Additional information	(optional)
You ma choose to include further statements			where relevant	about:
Policies and procedures adopted for the induction		Para 1.51
and training oftrustees
The charity's organisational structure and any wider		Para 1.51
network with which the
charity works
Relationship with any related		Para 1.51
parties
Other

ames	ofthe	charity tr	ustees who manage the	ustees who manage the	charity
	Trustee	name	Oface (ifany)		Dates acted ifnot for whole ar	Norns to a	ofperson (orbody) entitled nt trustee ifa
	Martin Clerkin		Chair		04.12.2020
	Amanda	Agar	Trustee		03.10.2022
	Aijaz Ahmed		Trustee		28.07.2022
	Jayne Harker		Treasurer	8 Trustee	04.12.2022
	F%il Wafddn		Tr"udfde		04.12.2022
	Jason Wood		Trustee		04.12.2022
	Martin Holland		Trustee		04.12.2022
	Emma	Brice	Secretary	8Trustee	04.12.2022
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20

Funds held as custodian trustees on behalf ofothers	Funds held as custodian trustees on behalf ofothers	Funds held as custodian trustees on behalf ofothers
Description of the assets		N/A
held in this capacity
Name and objects ofthe		N/A
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects
Details of arrangements	for	N/A
safe custody and
segregation of such assets
from the charity's own
assets

Names an	d addresses ofadv	isers (Optional Information)
Type of	Name	Address
adviser
Name of	chief executive or names ofsenior staff members		(Optional	information)

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	Categories			Details				Unrestricted funds		Restricted funds		Endowment funda
81Cash	funds			Co-cperative	Bank			to nearest 2 27,020		to	nearest 0	to nearaat 0
						Total	cash funds	27,029
				(sees eslsncss		wah receipts and payments
							account(s))
								Unrestricted		Restricted		Endowment
								funds			funds	funds
				Details				'to neereat 2		to	neareet 2	to nearest 0
82Other	monetary assets
83investment assets				Details Church Cottage No.1				Fund to which asset balan 125,000	Cost (optlonall			Current value o ona
				Church Coltage No. 2				100,000
84Assets retained for		the		Details				Fund to which asset balan	Cost (opsouatt			Current value onal
charity's	own use
85 Liabilities				Details				Fund to which Sabgit relates	Auloun't due one			When due tlonal
Signed by one or two trustees behalf ofag the trustees		on			Signature			Print Name g~int 5-C~i~				Date of 0 rove( fN. tot .~
CCXXR2 accounts (SS)