2020-10-31-accounts

			Page
Report ofthe Trustees			1 to 2
Independent Examiner's		Report
Statement ofFinancial		Activities
Balance Sheet
Notes to the Financial	Statements		6to 10
Detailed Statement of	Financial Activities

for the Year Ended 31 Octo	ber 2	020
						31.10.20	31.10.19
			Unrestricted	Restricted	Endowment	Total funds	Total funds
			fund	fund	fund
		Not
		es
INCOMING RESOURCES
Incoming resources from
generated funds Investment income			189		24,630	24,819	25,093
Other incoming resources			512			512	496
RESOURCES EXPENDED
Charitable activities
Charitable			5,687			5,687	7,172
Governance costs			4,123			4,123	4,059
Total resources expended			9,810			9,810	11,231
NET INCOMING
RESOURCES BEFORE
TRANSFERS			(9,109)		24,630	15,521	14,358
Gross transfers between	funds	12	24,630		~24,630)
Net incoming/(outgoing)	for
the year before other recognised gains and losses			15,521			15,521	14,358
Realised gains/(losses) on asset investments	fixed				~120,341)	i)20,341)	14,119
Net income/(expenditure)			15,521		(120,341)	(104,820)	28,477
RECONCILIATION OF
FUNDS
Total funds brought forward			181,07]	5,640	605,730	792,441	763,964
TOTAL FUNDS CARRIED
FORWARD			196,592	5,640	485,389	687,621	792,441

Balance Sheet At 31 October 2020
		31.10.20	31.10.19
	Not
	es
FIXEDASSETS
Tangible assets		5,640	5,640
CURRENT ASSETS
Debtors		288,985	288,667
Investments		390,575	494,786
Cash at bank and in hand		3,777	4,831
		683,337	788,284
CREDITORS
Amounts falling due within one
year	10	(1,356)	(1,483)
NET CURRENT ASSETS		681,981	786,801
TOTAL ASSETSLESS
CURRENT LIABILITIES		687,621	792,441
NET ASSETS		687,621	792,441
FUNDS	12
Unrestricted funds:
General fund		196,592	181,071
Restricted funds:
Restricted Fund		5,640	5,640
Endowment funds:
Endowment Fund		485,389	605,730
TOTAL FUNDS		687,621	792,441

		31.10.20	31.10.19
Investment	income	24,816	25,090
Bank Interest receivable		3	3
		24,819	25,093

T	he num	ber ofgrants	paid to individuals was as	follows:
				2020	No:	2019	No:
In	respect	ofChristmas	benefit	27		27

GOVERNANCE COSTS
	31.10.20	31.10.19
Staffcosts	2,375	2,375
Insurance	665	652
Accountancy	1,032	1,032
General &travel	51
	4, 123	4,059

STAFF COSTS
			31.10.20	31.10.19
Wages and salaries			2,375	2,375
The average monthly	number ofemployees	during the year was as follows:
			31.10.20	31.10.19

			31.10.20	31.10.19
Acres 4.455 Lt)770	Church Lane Attributable	Corton to New Almshouses	9,400 9,400 ~3,760)~3,760)
2.685			5,640	5,640

The Following	are sh	ort term debtors:
					31.10.20	31.10.19
Prepayments					318
					318
The Following	are Long term debtors:
					31.10.20	31.10.19
Capital Recoupment		Fund			103,298	103,298
Capital Recoupment		Fund - New Almshouses			50,000	50,000
Capital Recoupment		Fund - New Almshouses	(2)		135,369	135,369
					288,667	288,667
CURRENT ASSET		INVESTMENTS
						31.10.20
Valuation at 1 November 2019						494,786
Income re-invested						130
Additions						16,000
Disposals Revaluations						~120,341)
Valuation 31 October		2020				390,575
				Cost	Market Value	Income
						Received
MAG Charifund				42,283	332,091	0
Charity Deposit	Funds
Income				49,985	50,484	130
Capital				8,000	8,000	0
				100,268	390,575	130

ANALYSIS	OF NET ASSETS	BETWEEN F	UNDS
					31.10.20	31.10.19
		Unrestricted	Restricted	Endowment	Total funds	Total funds
		fund	fund	fund
Fixed assets			5,640		5,640	5,640
Current assets Current liabilities		197,948 ~1,356)		485,389	683,337 ~1,356)	788,284 ~1,483 )
		196,592	5,640	485,389	687,621	792,441
MOVEMENT IN FUNDS
				Net movement	Transfers
			At 1.11.19	in funds	between funds	At 31.10.20
Unrestricted	funds
General fund			181,071	(9,109)	24,630	196,592
Restricted funds
Restricted Fund			5,640			5,640
Endowment	funds
Endowment	Fund		605,730	(95,711)	(24,630)	485,389
TOTAL FUNDS			792,441
Net movement in funds, included		in the above are as follows:
			Incoming	Resources	Gains and	Movement in
			resources	expended	losses	funds
Unrestricted	funds
General fund			701	(9,810)		(9,109)
Endowment	funds
Endowment	Fund		24,630		(120,341)	(95,711)
TOTAL FUNDS			25,331	~9,810)	(120,341)	(104,820)

for the Year Ended 31O	ctober 2020
		31.10.20	31.10.19
INCOMING RESOURCES
Investment income
Investment income		24,816	25,090
Bank Interest receivable		3	3
		24,819	25,093
Other incoming resources Allotment & land rent		512	496
Total incoming resources		25,331	25,589
RESOURCES EXPENDED
Charitable activities
Piper alarm rent Water Rates - allotments		2,687	3,060 674
Repairs Chiropody		300	318
Donations for improvements
Grants and distributions	to parishioners	2,700	3,120
		5,687	7,172
Governance costs
Secretary's remuneration Insurance		2,375 665	2,375 652
Accountancy General 4 travel		1,032 51	1,032
		4,123	4,059
Total resources expended		9,810	11,231
Net income before gains and losses		15,521	14,358
Realised recognised gains and losses Realised gains/(losses) on fixed asset investments		(120,341)	14,119
Net income		(104,820)	28,477