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|CONTENTS||||PAGE|
|---|---|---|---|---|
|Reference and administrative|||information||
|Report ofthe|trustees|||2-4|
|Independent|Examiner's
report||||
|Statement
of|financial|activities|- 2020||
|Balance sheet|||||
|Notes to the|financial|statements||8-14|
##
|PRINCIPAL ADDRESS:|PRINCIPAL ADDRESS:|St. Botolph-without-Aldgate|St. Botolph-without-Aldgate|St. Botolph-without-Aldgate||||
|---|---|---|---|---|---|---|---|
|||Aldgate||||||
|||London||||||
|||EC3N 1AB||||||
|CHARITY NUMBER:||207046||||||
|TRUSTEES:||S.J.Borton (Resigned|25 March||2021)|||
|||H.L.M. Jones||||||
|||Mrs C.Jones||||||
|||Revd L.Jorgensen||||||
|||I. Mulcahey||||||
|||Ms K M Olley (Resigned||15November|||2020)|
|||Mrs D T Regis||||||
|||Ms P Seymour||||||
|||A Whibley
(Appointed|15November|||2020)||
|PRINCIPAL OFFICERS:||D. Bigsby, Clerk to the|Trustees|||||
|||M.A. Sonn, Financial
Officer||||||
|INVESTMENT|MANAGERS:|CCLA Investment
Management|||Limited|||
|||Senator House||||||
|||65 Queen Victoria Street||||||
|||London||||||
|||EC4V 4ET||||||
|||BlackRock Investment|Management|||(UK) Limited||
|||12Throgmorton
Avenue||||||
|||London||||||
|||EC2N 2DL||||||
|INDEPENDENT|EXAMINER;|Jeremy Tyrrell,
FCA BA||(Hons)||||
|||RPG Crouch Chapman||LLP||||
|||Chartered
Accountants||||||
|||14-16Dowg ate Hill||||||
|||London||||||
|||EC4R 2SU||||||
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|||||Permanent|Unrestricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||Notes|Endowment|f|Funds|2020|2019f|
|Income|||||||||
|Investment
income||||||48,748|48,748|48,804|
|Interest||||||319|319|40|
|Donations||||||134|134|38|
|||||||49,201|49,201|48,882|
|Expenditure|||||||||
|Cost of Raising Funds|||||||||
|Investment
property
costs||||||102,400|102,400|33,425|
|Charitable
expenditure:|||||||||
|Grants||||||40,393|40,393|34,055|
|Grantees||||||26,700|26,700|27,000|
|Administration
costs||||||15,219|15,219|13,302|
|Total Resources Expended||||||184,712|184,712|107,782|
|Net (Expenditure)/Income||||||(135,511)|(135,511)|(58,900)|
|Transfer between
funds||||(550,000)||550,000|||
|Loss on sale of Investment||Property|6|||(25,000)|(25,000)|250,000|
|Realised
(Loss)/Profit|on|sale of|||||||
|investments||||||(4,553)|(4,553)|3,846|
|Unrealised
gains/(losses)||on|||||||
|Investment
assets|||7|81,394||19,803|101,197|287,776|
|Net Movement
in Funds||||(468,606)||404,739|(63,867)|482,722|
|Reconciliation
ofFunds|||||||||
|Funds brought
forward|01.01.2020|||2,144,673||251,098|2,395,771|1,913,049|
|Total Funds carried forward 31.12.2020||||1,676,067||655,837|2,331,904|2,395,771|
##
|||||2020||2019|
|---|---|---|---|---|---|---|
|||Notes|||||
|FIXEDASSETS|||||||
|Freehold
investment|property|||||550,000|
|Managed
investments||||1,897,610||1,840,405|
|||||1,897,610||2,390,405|
|CURRENT ASSETS|||||||
|Cash at bank|||435,854||13,769||
|Sundry debtors||8|1,290||2,081||
||||437,144||15,850||
|CURRENT LIABILITIES|||||||
|Sundry creditors|||(2,850)||(10,484)||
|NET CURRENT ASSETS||||434,294||5,366|
|NET ASSETS||||2,331,904||2,395,771|
|PERMANENT
ENDOWMENT|||||||
|Capital account||||1,676,069||2,144,673|
|UNRESTRICTED FUNDS|||||||
|Accumulated
income|fund|||655,835||251,098|
|TOTAL FUNDS||||2,331,904||2,395,771|
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|GRANTS AWARDED||||2020f|2019
F|
|---|---|---|---|---|---|
|St. Botolph's Churchyard|Maintenance|||1,500|1,500|
|St. Botolph's Maintenance|& Development|||18,500|13,500|
|St. Botolph's Rectors Discretionary|||Fund|750|750|
|Portsoken Ward Club for|Three Score Club|||5,500|5,000|
|Wingate Golden Oldies||||5,500|5,000|
|Chiropody
Clinic||||3,500|3,000|
|Children
ofthe Ward|||||1,003|
|Relief in Need grants||||5,143|4,302|
|||||40,393|34,055|
|Grantees,
including
Christmas||Bonus||26,700|27,000|
|ADMINISTRATION
COSTS||||2020|2019|
|Clerking
and administration||||12,000|11,500|
|Bank Charges||||108|30|
|Other||||141|150|
|Independent
Examination||||2,970|1,622|
|||||15,219|13,302|
##
|The sale|oft|he|property|completed
on 16June at|a revised
market price off525,000||
|---|---|---|---|---|---|---|
||||||2020f|2019|
|Valuation|at|1|January|2020|550,000|550,000|
|Disposal|||||(550,000)||
|||||||550,000|
##
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|7.|INVESTMENTS|Accumulated|Income|Capital|Capital||
|---|---|---|---|---|---|---|
|||COIF CIF|COIF CIF|COIF CIF|BRMLIM||
|||Income Shr|Acc Shr|Income Shr|Charishare|Total|
|||||f|||
||Market Value at 1 January 2020|17,183|228,549|1,434,176|160,497|1,840,405|
||Disposals|(17,183)|(26,812)|-|-|(43,995)|
||Unrealised
gains l(losses)||19,801|92,138|(10,740)|101,200|
||Market Value at 31 December 2020||221,539|1,526,314|149,757|1,897,610|
||Historic Cost at 1 January 2020|7,914|100,000|117,701|49,973|275,588|
||Historic Cost at 31 December 2020||88,268|117,701|49,973|255,942|
||All investments
are carried|All investments
are carried|at their|fair value.|Holdings|in common|investment|funds,|funds,|unit trusts|and|
|---|---|---|---|---|---|---|---|---|---|---|---|
||open-ended
investment|companies||are at the|bid price.|Asset sales|and purchases||are recognized||at|
||the date oftrade at cost|(that is their||transaction|value).|||||||
|8.|SUNDRY DEBTORS||||||2020|||2019||
|||||||||||F||
||Investment
Income||||||1,290|||1,357||
||Other debtors|||||||||724||
||||||||1,290|||2,081||
|9.|SUNDRY CREDITORS||||||2020|||2019||
|||||||||||E||
||Other creditors||||||1,200|||8,864||
||Independent
Examination||||||1,650|||1,620||
||||||||2,850|||10,484||
|10.|FINANCIAL
INSTRUMENTS||||||2020|||2019||
||Financial assets measured||at fair value through||SOFA||1,897,610||1,840,405|||
|11.|ANALYSIS OF NET ASSETS BETWEEN|ANALYSIS OF NET ASSETS BETWEEN|ANALYSIS OF NET ASSETS BETWEEN|FUNDS|Unrestricted||Permanent|Permanent||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Accounts|&|Endowment||||Total|
||||||Income Fund Capital Funds
f||||||Funds|
||Fund balances
at 31 December 2020|||||||||||
||are represented|by:||||||||||
||Freehold
property|||||||||||
||Managed
investments||||221,541||1,676,069||1,897,610|||
||Current assets||||437,144|||||437,144||
||Current
liabilities||||(2,850)||||||(2,850)|
||||||655,835||1,676,069||2,331,904|||
||ANALYSIS OF NET ASSETS BETWEEN|||FUNDS|—PRIOR YEAR|||||||
||Fund balances at 31 December 2019|||||||||||
||are represented|by:||||||||||
||Freehold
property||||||550,000|||550,000||
||Managed
investments||||245,732||1,594,673||1,840,405|||
||Current assets||||15,850|||-|||15,850|
||Current
liabilities||||(10,484)||||||(10,484)|
||||||251,098||2,144,673||2,395,771|||
|12.|MOVEMENT
IN FUNDS||Brought|||||Gains/|||Carried|
||-CURRENT YEAR||Forward|Income|Expenditure|Transfers||(Losses)|||Forward|
||||2020|2020|2020||2020||2020||2020|
||Unrestricted
Funds||251,098|49,201|(184,712)||550,000|(9,752)|||655,835|
||Permanent
Endowment||2,144,673||||(550,000)||81,396||1,676,069|
||||2,395,771|49,201|(184,712)||||71,644||2,331,904|
||MOVEMENT
IN|FUNDS|Brought|||||Gains/|||Carried|
||-PRIOR YEAR||Forward|Income|Expenditure|Transfers||(Losses)|||Forward|
||||2019|2019|2019||2019||2019||2019|
|||||f|f|||||||
||Unrestricted
Funds||262,844|48,882|(79,149)||(28,633)|47,153|||251,098|
||Permanent
Endowment||1,650,204||(28,633)||28,633|494,469|||2,144,673|
||||1,913,048|48,882|(107,782)|||541,622|||2,395,771|
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