OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

Trustees’ Annual Report for the period

From 1[st] January 2022 To 31[st] December 2022

Charity name: Richard Hicks

Charity registration number: 202543

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 To apply clear income toward repair and
maintenance of the Parish Church in
Towcester and in maintaining divine
service there
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.		 Para 1.17 and
1.19		 Payments totalling £27,375.00 as follows:
£24,885.00 to cover part of the Parish
Share paid by the Towcester Parochial
Church Council for St Lawrence Church
(being 80% of income under the
calculation method agreed by the
Trustees)
£1,500.00 in respect of a fixed wire
electrical test in St Lawrence Church and
deducted from surplus income in General
Account.
£990.00 to partially fund the cost of a new
set of bell ropes incurred by the Bell
Ringers of St Lawrence Church and
deducted from surplus income in General
Account.
No funds were transferred out of income
to the Special Reserve Fund in 2022
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The above payments were all deemed by
the Trustees to be for public benefit by
contributing towards maintenance of the
Church and divine service

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 The main achievements of the Charity are
those identified above and have assisted
in maintaining divine service at the
Parish Church in Towcester.

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 During the year the Charity received
income from its COIF investments of
£31,038. The total net assets (including
Special Reserve) decreased by £123,539
to £1,045,911.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 The Special Reserve Fund is to provide
for
future
maintenance
and
improvements
to
the
structure
and
fixtures and fittings of St Lawrence
Church Towcester to which the Trustees
decide to contribute and which cannot be
met from the Charity’s annual income
Amount of reserves held Para 1.22 Total Net Assets in Special Reserve Fund
as at 31/12/22 of £107,819.
Reasons for holding zero
reserves		 Para 1.22 N/A
Details of fund materially in
deficit		 Para 1.24 N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 N/A

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25 Charity Commissioners’ Scheme
How is the charity
constituted?
(e.g. unincorporated
association, CIO)		 Para 1.25 Unincorporated association

Reference and Administrative details

Charity name RICHARD HICKS
Other name the charity uses -
Registered charity number 202543
Charity’s principal address 27 Kipling Drive
Towcester
Northants
NN12 6QY

Names of the charity trustees who manage the charity

Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
Grahame
Blanchard		 Secretary
Alan Gilbert
Mrs Christine
Linda Johns		 Nominative Trustee
appointed by the Parochial
Church Council of the
Ecclesiastical Parish of
Towcester
Brian William John
Manning
Rev Paula Ella
Challen		 Ex-officio Trustee in the
capacity as the incumbent of
the Benefice of Towcester,
Caldecote, Easton Neston,
Greens Norton and Bradden
Nigel Slater Vice-Chairman
Dr John Robert
Sunderland		 Chairman
Peter John Morris Nominative Trustee
appointed by the Parochial
Church Council of the
Ecclesiastical Parish of
Towcester

Corporate trustees – names of the directors at the date the report was approved

Director name N/A

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
N/A

Funds held as custodian trustees on behalf of others

Description of the assets None held in this capacity Name and objects of the 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

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees.

Slgnatsrelsl Full namolsl AAHA* Po8ltion S£cA£TAAZ 4J? T£ J S-rL

Independent examinerfs report on the accounts Sectson A Raportto th8 trust88s1 Membe￿ of Ind¢wndnt Examlnorfs ROF RICHARD HICKS On •¢¢ouDts lortho y¢•r •niled 31￿ ￿e￿mber 2022 202543 Sotaut on pages Respe￿1¥9 charity's trusteès are responsible for the preparation cf the xcount5. re¥pon¥lbllltlvJ of The ch8rity's I￿￿tee$ rfjnsider that an audit 18 not requir& for this year trustee5 and examlner under section 144 of the Charitie$ A¢t 2¢11 (the Chantps Adl and that an indep8ndent exarnin8tion is need8d. It is my responsibility to.. examine the arxounts under 145 of the cha￿lieS A¢t. to fdlow the yocedures laid down in the gelleral D￿rectiOnS given by the Charity Commission luT￿eT Section 14515llbl oflhe Charities Act. and to State whether particular matters have corr lo rny attention. Basis of indopendont My examination wa8 Carr￿d out in accordance with general Directions given •xaming¢8 statemont by the Charity Commission. An examination indudes a rew8w oft a¢¢ountsng re¢wd$ keK by the tharrty and a comparison of the acu)unl8 presented wth those records. It also indudes consideration of any unusual items or clK8closures in th? accounts, and see￿"n9 8xplanalions from the trustee$ conrkming arly su¢h matters. Tre prO￿Ur&S undertaken do not provrd8 all the evidence that woulrs te required in an audit. and ¢¢nsequently no otYnK)n is given a5 to byhetherthe aGwunts p￿sent a'ttue and fair, vew and tTr￿ ￿[￿)rt L8 limtted to those matters sei out in the statement below. Ind•pondènt In conneuon my examlnatlon. IK) matter has Come to my attention . whiGh gives me reasonable cause lo telEve that in, any materLqI re8P8rt, the requirernent5'. to keep accounting rt&Yds in accordance with sectien 130 of th8 Charlties Act", and to prepare accounts wh￿h accord with ac(x)unling recoids and comply with the accounlirKJ requirements of the CharitE5 AL# have not been met., or 2. to which, in my opinion. Ètténtion should be drawn in orderto enab18 prowr undersiandlng orthe accounts to be reached. Please tho bvortls ID the brackets rfth8ydo not 8wIy. gned.. me- R•lgvant profo8sion41 quallfl¢•t4onl81 or body Addre$5: hJJ2 &ts<

RICHARD HICKS CHARITY

Statement of Accounts for the year ended 31[st] . December, 2022

General Account

Payments (£) Receipts (£) Total (£) 2022 Total (£) 2021
Opening Balance 32,350.01 31,234.13
Transfers to Lloyds Bank (27,375.00) (27,375.00) (29,161.00)
Transfer to Special Reserve (0.00) (0.00) (0.00)
Interest from Deposit Fund 237.77 237.77 2.97
Income from Investments 31,037.83 31,037.83 30,273.91
Closing Balance 36,250.61 32,350.01

Special Reserve Account

Payments (£) Receipts (£) Total (£) 2022 Total (£) 2021
Opening Balance 40,358.97 40,354.18
Transfer from General Account 0.00 0.00 0.00
Transfer to Nationwide 0.00 0.00 0.00
Special Reserve Interest 393.75 393.75 4.79
Closing Balance 40,752.72 40,358.97

Lloyds Bank

Payments (£) Receipts (£) Total (£) 2022 Total (£) 2021
Opening Balance 210.99 210.99
Transfers from General Account 27,375.00 27,375.00 29,161.00
Hire of Meeting Room (0.00) (0.00) (0.00)
Maintenance of Church Services (24,885.00) (24,885.00) (24,161.00)
Expenses (0.00) (0.00) (0.00)
Quinquennial works and fees (0.00) (0.00) (0.00)
Add,contributions toparish share (0.00) (0.00) (5,000.00)
Fixed wire electrical test (1,500.00) (1,500.00) (0.00)
Bellringers (990.00) (990.00) (0.00)
Closing Balance 210.99 210.99

INCOME FROM INVESTMENTS

Total (£) 2022 Total (£) 2021
February Income from COIF Investment Income Fund 6,436.79 6,184.46
Income from COIF Property Fund 1,272.20 1,170.05
May Income from COIF Investment Income Fund 6,436.79 6,279.68
Income from COIF Property Fund 1,420.77 1,420.77
August Income from COIF Investment Income Fund 6,436.79 6,279.68
Income from COIF Property Fund 1,253.62 1,253.62
November Income from COIF Investment Income Fund 6,527.25 6,432.03
Income from COIF Property Fund 1,253.62 1,253.62
31,037.83 30,273.91

INTEREST FROM DEPOSIT ACCOUNTS

Total (£) 2022 Total (£) 2021
January Interest from COIF Deposit Account 1.20 0.37
Interest from COIF Special Reserve 1.50 0.47
February Interest from COIF Deposit Account 2.90 0.20
Interest from COIF Special Reserve 3.61 0.26
March Interest from COIF Deposit Account 6.76 0.29
Interest from COIF Special Reserve 8.35 0.36
April Interest from COIF Deposit Account 5.48 0.30
Interest from COIF Special Reserve 14.28 0.39
May Interest from COIF Deposit Account 6.41 0.13
Interest from COIF Special Reserve 18.24 0.36
June Interest from COIF Deposit Account 9.17 0.16
Interest from COIF Special Reserve 25.60 0.42
July Interest from COIF Deposit Account 15.75 0.22
Interest from COIF Special Reserve 29.56 0.41
August Interest from COIF Deposit Account 16.96 0.27
Interest from COIF Special Reserve 33.33 0.49
September Interest from COIF Deposit Account 24.20 0.23
Interest from COIF Special Reserve 46.93 0.41
October Interest from COIF Deposit Account 39.67 0.30
Interest from COIF Special Reserve 56.79 0.41
November Interest from COIF Deposit Account 48.13 0.25
Interest from COIF Special Reserve 68.89 0.41
December Interest from COIF Deposit Account 61.14 0.25
Interest from COIF Special Reserve 86.67 0.40
631.52 7.76

RECONCILIATION STATEMENT

General
Account		 Special
Reserve		 Lloyds Bank Total (£) 2022 Total (£) 2021
Opening
Balances		 32,350.01 40,358.97 210.99 72,919.97 71,799.30
Transfers Out (27,375.00) (0.00) (0.00) (27,375.00) (29,161.00)
Payments 0.00 0.00 (27,375.00) (27,375.00) (29,161.00)
Interest 237.77 393.75 0.00 631.52 7.76
Investment
Income		 31,037.83 0.00 0.00 31,037.83 30,273.91
Transfers In 0.00 0.00 27,375.00 27,375.00 29,161.00
Closing
Balances		 36,250.61 40,752.72 210.99 77,214.32 72,919.97

Schedule of COIF Investments and their values at 31[st] December 2022

Total (£) 2022 Total (£) 2021
47,609.39 units in Investment Income Fund 865,296 979,154.00
92,861.00 units in Property Fund 103,401 117,376.00
Total 968,697 1,096,530.00

Whilst the values of the Investment Income Fund increased by £121,642 and the Property Fund by £14,635 during 2021 these were offset by decreases of £113,858 and £13,975 during 2022. There were no purchase or sale transactions conducted during 2022.

Summary of acquisitions in COIF Investments:

Initial purchase of units on closure of HSBC Investments in November 2000.

Investment Income Fund

30/11/2000 48,494.39 units purchased for £551,315 (General Account) 27/10/2005 5,233.25 units sold for £ 50,000 (General Account) 28/09/2017 3,483.95 units purchased for £ 50,220 (General Account) 28/09/2017 864.30 units purchased for £ 12,458 (Special Reserve) Total 47,609.39 £563,993 (Special Reserve = 1.82% of units)

Property Fund

27/10/2005 38,250.05 units purchased for £ 50,000 (General Account) 31/03/2006 8,525.29 units purchased for £ 11,700 (General Account) 26/03/2015 17,705.38 units purchased for £ 20,000 (Special Reserve) 28/09/2017 28,380.28 units purchased for £ 33,750 (Special Reserve)

Total 92,861.00 £115,450 (Special Reserve = 49.63% of units)

RICHARD HICKS CHARITY

Balance Sheet as at 31[st] . December, 2022

General
Funds		 Special
Reserve		 Total (£)
2022		 Total (£)
2021
Fixed Assets
Investments (Notes 1) 901,631.00 67,066.00 968,697.00 1,096,530.00
Total Fixed Assets 901,631.00 67,066.00 968,697.00 1,096,530.00
Current Assets
Cash at Bank (Lloyds) 210.99 0.00 210.99 210.99
Bank Deposits (COIF) 36,250.61 40,752.72 77,003.33 72,708.98
Total Current Assets 36,461.60 40,752.72 77,214.32 72,919.97
Current Liabilities
Amounts falling due
in less than one year
(Note 2)		 0.00 0.00 0.00 0.00
Net Current Assets 36,461.60 40,752.72 77,214.32 72,919.97
Total Assets less Current
Liabilities		 938,092.60 107,818.72 1,045,911.32 1,169,449.97
Amounts falling due
after more than one year		 0.00 0.00 0.00 0.00
Total Net Assets 938,092.60 107,818.72 1,045,911.32 1,169,449.97

Note 1. Valuation as per CCLA mid-market value at 31/12/2022. Note 2. No amounts fell due in less than one year as at 31/12/2021 or 31/12/2022

RICHARD HICKS CHARITY

Statement of Financial Activity Year ended 31[st] . December, 2022

General
Funds		 General
Funds		 General
Funds		 Special
Reserve		 Special
Reserve		 Special
Reserve		 Total (£)
2022		 Total (£)
2022		 Total (£)
2022		 Total (£)
2021		 Total (£)
2021		 Total (£)
2021
Incoming Resources
Deposit Interest 237.77 393.75 631.52 7.76
COIF Investments 31,037.83 0.00 31,037.83 30,273.91
From General Account 0.00 0.00 0.00 0.00
Total Income 31,275.60 393.75 31,669.35 30,281.67
Outgoing Payments
Funding for Bellringers (990.00) (0.00) (990.00) (0.00)
Church electrical test (1,500.00) (0.00) (1,500.00) (0.00)
Quinquennial works (0.00) (0.00) (0.00) (0.00)
Maintenance of Church
Services
Organist’s Honorarium (0.00) (0.00) (0.00) (0.00)
Upkeep of Services (0.00) (0.00) (0.00) (0.00)
Administration Expenses (0.00) (0.00) (0.00) (0.00)
Church Cleaning (0.00) (0.00) (o.00) (0.00)
Church Ins + utilities (0.00) (0.00) (0.00) (0.00)
Parish Share (24,885.00) (0.00) (24,885.00) (29,161.00)
Administration
Reimbursement of costs (0.00) (0.00) (0.00) (0.00)
Stationery/photocopying (_0.00)_ (0.00) (0.00) (0.00)
Hire of Meeting Room (0.00) (0.00) (0.00) (0.00)
Total Payments (27,375.00) (0.00) (27,375.00) (29,161.00)
To Special Reserve 0.00 0.00 0.00 0.00
COIF Investments 0.00 0.00 0.00 0.00
Movement in resources 3,900.60 393.75 4,294.35 1,120.67
Add current assets b/fwd
from previous year		 32,561.00 40,358.97 72,919.97 71,799.30
Total current assets at
31.12.2022		 36,461.60 40,752.72 77,214.32 72,919.97

NB Maintenance of Church Services takes into account the agreed calculation method based on Parish Share only.

Independent examinerfs report on the accounts Sectson A Raportto th8 trust88s1 Membe￿ of Ind¢wndnt Examlnorfs ROF RICHARD HICKS On •¢¢ouDts lortho y¢•r •niled 31￿ ￿e￿mber 2022 202543 Sotaut on pages Respe￿1¥9 charity's trusteès are responsible for the preparation cf the xcount5. re¥pon¥lbllltlvJ of The ch8rity's I￿￿tee$ rfjnsider that an audit 18 not requir& for this year trustee5 and examlner under section 144 of the Charitie$ A¢t 2¢11 (the Chantps Adl and that an indep8ndent exarnin8tion is need8d. It is my responsibility to.. examine the arxounts under 145 of the cha￿lieS A¢t. to fdlow the yocedures laid down in the gelleral D￿rectiOnS given by the Charity Commission luT￿eT Section 14515llbl oflhe Charities Act. and to State whether particular matters have corr lo rny attention. Basis of indopendont My examination wa8 Carr￿d out in accordance with general Directions given •xaming¢8 statemont by the Charity Commission. An examination indudes a rew8w oft a¢¢ountsng re¢wd$ keK by the tharrty and a comparison of the acu)unl8 presented wth those records. It also indudes consideration of any unusual items or clK8closures in th? accounts, and see￿"n9 8xplanalions from the trustee$ conrkming arly su¢h matters. Tre prO￿Ur&S undertaken do not provrd8 all the evidence that woulrs te required in an audit. and ¢¢nsequently no otYnK)n is given a5 to byhetherthe aGwunts p￿sent a'ttue and fair, vew and tTr￿ ￿[￿)rt L8 limtted to those matters sei out in the statement below. Ind•pondènt In conneuon my examlnatlon. IK) matter has Come to my attention . whiGh gives me reasonable cause lo telEve that in, any materLqI re8P8rt, the requirernent5'. to keep accounting rt&Yds in accordance with sectien 130 of th8 Charlties Act", and to prepare accounts wh￿h accord with ac(x)unling recoids and comply with the accounlirKJ requirements of the CharitE5 AL# have not been met., or 2. to which, in my opinion. Ètténtion should be drawn in orderto enab18 prowr undersiandlng orthe accounts to be reached. Please tho bvortls ID the brackets rfth8ydo not 8wIy. gned.. me- R•lgvant profo8sion41 quallfl¢•t4onl81 or body Addre$5: hJJ2 &ts<

RICHARD HICKS CHARITY

Statement of Accounts for the year ended 31[st] . December, 2022

General Account

Payments (£) Receipts (£) Total (£) 2022 Total (£) 2021
Opening Balance 32,350.01 31,234.13
Transfers to Lloyds Bank (27,375.00) (27,375.00) (29,161.00)
Transfer to Special Reserve (0.00) (0.00) (0.00)
Interest from Deposit Fund 237.77 237.77 2.97
Income from Investments 31,037.83 31,037.83 30,273.91
Closing Balance 36,250.61 32,350.01

Special Reserve Account

Payments (£) Receipts (£) Total (£) 2022 Total (£) 2021
Opening Balance 40,358.97 40,354.18
Transfer from General Account 0.00 0.00 0.00
Transfer to Nationwide 0.00 0.00 0.00
Special Reserve Interest 393.75 393.75 4.79
Closing Balance 40,752.72 40,358.97

Lloyds Bank

Payments (£) Receipts (£) Total (£) 2022 Total (£) 2021
Opening Balance 210.99 210.99
Transfers from General Account 27,375.00 27,375.00 29,161.00
Hire of Meeting Room (0.00) (0.00) (0.00)
Maintenance of Church Services (24,885.00) (24,885.00) (24,161.00)
Expenses (0.00) (0.00) (0.00)
Quinquennial works and fees (0.00) (0.00) (0.00)
Add,contributions toparish share (0.00) (0.00) (5,000.00)
Fixed wire electrical test (1,500.00) (1,500.00) (0.00)
Bellringers (990.00) (990.00) (0.00)
Closing Balance 210.99 210.99

INCOME FROM INVESTMENTS

Total (£) 2022 Total (£) 2021
February Income from COIF Investment Income Fund 6,436.79 6,184.46
Income from COIF Property Fund 1,272.20 1,170.05
May Income from COIF Investment Income Fund 6,436.79 6,279.68
Income from COIF Property Fund 1,420.77 1,420.77
August Income from COIF Investment Income Fund 6,436.79 6,279.68
Income from COIF Property Fund 1,253.62 1,253.62
November Income from COIF Investment Income Fund 6,527.25 6,432.03
Income from COIF Property Fund 1,253.62 1,253.62
31,037.83 30,273.91

INTEREST FROM DEPOSIT ACCOUNTS

Total (£) 2022 Total (£) 2021
January Interest from COIF Deposit Account 1.20 0.37
Interest from COIF Special Reserve 1.50 0.47
February Interest from COIF Deposit Account 2.90 0.20
Interest from COIF Special Reserve 3.61 0.26
March Interest from COIF Deposit Account 6.76 0.29
Interest from COIF Special Reserve 8.35 0.36
April Interest from COIF Deposit Account 5.48 0.30
Interest from COIF Special Reserve 14.28 0.39
May Interest from COIF Deposit Account 6.41 0.13
Interest from COIF Special Reserve 18.24 0.36
June Interest from COIF Deposit Account 9.17 0.16
Interest from COIF Special Reserve 25.60 0.42
July Interest from COIF Deposit Account 15.75 0.22
Interest from COIF Special Reserve 29.56 0.41
August Interest from COIF Deposit Account 16.96 0.27
Interest from COIF Special Reserve 33.33 0.49
September Interest from COIF Deposit Account 24.20 0.23
Interest from COIF Special Reserve 46.93 0.41
October Interest from COIF Deposit Account 39.67 0.30
Interest from COIF Special Reserve 56.79 0.41
November Interest from COIF Deposit Account 48.13 0.25
Interest from COIF Special Reserve 68.89 0.41
December Interest from COIF Deposit Account 61.14 0.25
Interest from COIF Special Reserve 86.67 0.40
631.52 7.76

RECONCILIATION STATEMENT

General
Account		 Special
Reserve		 Lloyds Bank Total (£) 2022 Total (£) 2021
Opening
Balances		 32,350.01 40,358.97 210.99 72,919.97 71,799.30
Transfers Out (27,375.00) (0.00) (0.00) (27,375.00) (29,161.00)
Payments 0.00 0.00 (27,375.00) (27,375.00) (29,161.00)
Interest 237.77 393.75 0.00 631.52 7.76
Investment
Income		 31,037.83 0.00 0.00 31,037.83 30,273.91
Transfers In 0.00 0.00 27,375.00 27,375.00 29,161.00
Closing
Balances		 36,250.61 40,752.72 210.99 77,214.32 72,919.97

Schedule of COIF Investments and their values at 31[st] December 2022

Total (£) 2022 Total (£) 2021
47,609.39 units in Investment Income Fund 865,296 979,154.00
92,861.00 units in Property Fund 103,401 117,376.00
Total 968,697 1,096,530.00

Whilst the values of the Investment Income Fund increased by £121,642 and the Property Fund by £14,635 during 2021 these were offset by decreases of £113,858 and £13,975 during 2022. There were no purchase or sale transactions conducted during 2022.

Summary of acquisitions in COIF Investments:

Initial purchase of units on closure of HSBC Investments in November 2000.

Investment Income Fund

30/11/2000 48,494.39 units purchased for £551,315 (General Account) 27/10/2005 5,233.25 units sold for £ 50,000 (General Account) 28/09/2017 3,483.95 units purchased for £ 50,220 (General Account) 28/09/2017 864.30 units purchased for £ 12,458 (Special Reserve) Total 47,609.39 £563,993 (Special Reserve = 1.82% of units)

Property Fund

27/10/2005 38,250.05 units purchased for £ 50,000 (General Account) 31/03/2006 8,525.29 units purchased for £ 11,700 (General Account) 26/03/2015 17,705.38 units purchased for £ 20,000 (Special Reserve) 28/09/2017 28,380.28 units purchased for £ 33,750 (Special Reserve)

Total 92,861.00 £115,450 (Special Reserve = 49.63% of units)

RICHARD HICKS CHARITY

Balance Sheet as at 31[st] . December, 2022

General
Funds		 Special
Reserve		 Total (£)
2022		 Total (£)
2021
Fixed Assets
Investments (Notes 1) 901,631.00 67,066.00 968,697.00 1,096,530.00
Total Fixed Assets 901,631.00 67,066.00 968,697.00 1,096,530.00
Current Assets
Cash at Bank (Lloyds) 210.99 0.00 210.99 210.99
Bank Deposits (COIF) 36,250.61 40,752.72 77,003.33 72,708.98
Total Current Assets 36,461.60 40,752.72 77,214.32 72,919.97
Current Liabilities
Amounts falling due
in less than one year
(Note 2)		 0.00 0.00 0.00 0.00
Net Current Assets 36,461.60 40,752.72 77,214.32 72,919.97
Total Assets less Current
Liabilities		 938,092.60 107,818.72 1,045,911.32 1,169,449.97
Amounts falling due
after more than one year		 0.00 0.00 0.00 0.00
Total Net Assets 938,092.60 107,818.72 1,045,911.32 1,169,449.97

Note 1. Valuation as per CCLA mid-market value at 31/12/2022. Note 2. No amounts fell due in less than one year as at 31/12/2021 or 31/12/2022

RICHARD HICKS CHARITY

Statement of Financial Activity Year ended 31[st] . December, 2022

General
Funds		 General
Funds		 General
Funds		 Special
Reserve		 Special
Reserve		 Special
Reserve		 Total (£)
2022		 Total (£)
2022		 Total (£)
2022		 Total (£)
2021		 Total (£)
2021		 Total (£)
2021
Incoming Resources
Deposit Interest 237.77 393.75 631.52 7.76
COIF Investments 31,037.83 0.00 31,037.83 30,273.91
From General Account 0.00 0.00 0.00 0.00
Total Income 31,275.60 393.75 31,669.35 30,281.67
Outgoing Payments
Funding for Bellringers (990.00) (0.00) (990.00) (0.00)
Church electrical test (1,500.00) (0.00) (1,500.00) (0.00)
Quinquennial works (0.00) (0.00) (0.00) (0.00)
Maintenance of Church
Services
Organist’s Honorarium (0.00) (0.00) (0.00) (0.00)
Upkeep of Services (0.00) (0.00) (0.00) (0.00)
Administration Expenses (0.00) (0.00) (0.00) (0.00)
Church Cleaning (0.00) (0.00) (o.00) (0.00)
Church Ins + utilities (0.00) (0.00) (0.00) (0.00)
Parish Share (24,885.00) (0.00) (24,885.00) (29,161.00)
Administration
Reimbursement of costs (0.00) (0.00) (0.00) (0.00)
Stationery/photocopying (_0.00)_ (0.00) (0.00) (0.00)
Hire of Meeting Room (0.00) (0.00) (0.00) (0.00)
Total Payments (27,375.00) (0.00) (27,375.00) (29,161.00)
To Special Reserve 0.00 0.00 0.00 0.00
COIF Investments 0.00 0.00 0.00 0.00
Movement in resources 3,900.60 393.75 4,294.35 1,120.67
Add current assets b/fwd
from previous year		 32,561.00 40,358.97 72,919.97 71,799.30
Total current assets at
31.12.2022		 36,461.60 40,752.72 77,214.32 72,919.97

NB Maintenance of Church Services takes into account the agreed calculation method based on Parish Share only.