BISHOP INGLE HOLIDAY TRUST REGISTERED CHARITY.. 207523 ANNUAL REPORT AND FINANCIAL ACCOUNTS I"JULY 2021 TO 30TH JUNE 2022 CHAIRMAN.. The Reverend Canon Jonathan Riviere TREASURER.. Miss Sarah M C Keene BANKERS.. 8arclays 8ank plc and CCLA Investment Management Ltd REGISTERED OFFICE: The Old Hall. Ir¢oldlsthorpe, Kln<5 Lynn. Norfolk PE316NR ACCOUNTANTS: Larklng Gowen TRUSTEES REPORT The Charities oblectives are to provide or asslst In the provlslon of holldays In the Interests of soclal welfare forclergy. ordinands and lay worker5 of the Church of England and thelr families whose condition of life wlll thereby be Improved and who have need of such provi51on by reason of thelr age, youth, infirrnlty. dlsablement, poverty or soclal and economlc rcUMstances. The charlty prevlously known as the Clergy Rest House Trust, was originally reglstered the Charlty Comrnlsslon on 2trhJune 1962. The Charlty Is governed by a Trust Deed dated *' Decemker 1996 as amended 19, Ortober 2[. The Charfty has had due regard to the Charlty COMMI0 guidance on public benefiL The chartty's capltal Is Investgj to produce Income in orderto support the objects of the tharlty. DurSng the year forthe purposes of hedglng profits. £IOD,¢JJ) of CBF Investment Fund shares held a5 part of the perrnanent endowrnent fvnd were sold and the proceeds carrled forward as cash. Total fund balances at 30 June 2022 were £695,42312021= £718.6361, cornprr51ne £565,85812021: £584,168) of permanent endowment fund5 and £129,56512021.. £134,468) of unrestrlcted fund Durlng the flnanclal year E7.(xxI ha5 been pald to each of the Blshops of Portsrnouth and Rothester and £5,WO was pald to the Bishop of St Albans for the making of grants to approprlate clergy withln thelr Dioceses. Recruitment of newTrustees take5 place as necessary from wlthln the NW Norfolk Chrlstlan communlty and the Ingle Famlly. Trustees are appointed for a term of 5 years. TRUSTEES: Revd Paul Gismondl of Ken Hill House, Snettisham. Norfolk PE317PG M55u Ingle of Corner Farm House, Dell Corner Lane, North Burlingham NR13 4EG Miss Sarah Keene of The Old Hall, Ingoldisthorpe. Klng's Lynn, Norfolk PE316NR Mr Slmon Massen of 27 Hall Close, Heacham, Norfolk PE318JT Revd Canon Jonathan Rlere of 41 Cromer Road, Holt, NR25 6EU CHAIRMAN'S REPORT Durfng the last financlal year we have contlnued to support clergy In three dlfferent Dhxeses, selected by the Bishops of those Dioteses. An anonymuus Ilst of beneflclarSes ha5 been re¢elved by the Trustees from the Dloteses.
Independent examiner’s report to the trustees of The Bishop Ingle Holiday Trust
I report to the trustees on my examination of the accounts of The Bishop Ingle Holiday Trust (the Trust) for the year ended 30 June 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signature:……………………………………………………
Giles Kerkham FCA DChA
Larking Gowen LLP Faiers House Gilray Road Diss IP22 4WR
Date: 30 June 2023
BISHOP INGLE HOLIDAY TRUST ACCOUNTS IJULY 2021 TO 30JUNE 2022 R4ulpts and Paymmts Recelpts 2020-21 2021-22 Intere5t- Depos6t of Interest Dlvldends- CBF Investm•nl Fund S Dlvidends- CBF Flxod Interest Fund F Dldends- CBF Property Fund P Dlvldend5- CBF GIDbal Equity Fund L Sale ofCBF Inv•stment Fund S 52.79 255.84 13,887.99 956.36 13.456.55 1.127.15 3.051.28 2,050.97 3.283.28 2,075.69 loo,000. 120,459.16 TOTAL RECEIPTS.. 20,546.88 Paym•nii Blshop of Norwlch Blshop of Oxford Blshop of Peterborou8h 8ishop if Portsmouth 8ishop of Rothester Blshop of St Albans Purchase of CBF Investment Fund 5 4,SW.00 4.5rKJ.00 4.5c.00 7.(KM).C 7,(N)D.IX> 5,WO.C() 25.IK¥Jn) I9.{K.XI TOTAL PAYMENTS.. 19.(X)O.Cj SURPLU51 IDEFICITI lorlhe year 1.546A8 101,459.16 Included in recelpts are the proceeds from th•sale ¢f permanent endowment Investrn•nt funds totalliD¢ £ICQ.OCKI. AII other recelpts and payments are unrestrfLted. 21 Cash at Bink5'. $0 lunè 2021 30June 2022 CBF Depo5 Fund Barclays Bank pl 3,04926 2.903.35 5.953.21 103.5CY3.74 3.903.35 107.413.09 31 A55ots *t30Jun• 2022 Pemianent endov4ment lund Unrnrtrfctéd r•••n7e Total CBF Investment Fund CBF Flxed Interest Fund CBF Property Fund CBF Global Equlty fund Cash at bank TOMI funds 346.189.11 31,636. 64,122.77 23.909.73 100,OOODJ 565.858.11 56,866.65 403.055.76 31,636.50 81,138,75 72.179.23 107.413.09 695.423.33 17.015.98 48.269.50 7,413.09 129.565.22
BISHOP INGLE HOUDAY TRUST ACCOUNTS I JULY 2021 TO 30 JUNE 20221contlnued) Assets at 30 • 2021 P•fm4ngDt 8Trdowm•ntfvn Unrestrlttad Tot•1 CBF Investment Fund CBF Flxed Interèst Fund CBF Property Fund CBF Global Equty fund Cash at bank TotslJhdi 466,641.48 36.837.36 53.955.12 26,733.98 60.226.25 526.867.73 36.837.36 68,272.96 80.705.14 5.953.21 718.636.40 14,31784 53.971.16 5,953.21 134.468,46 584.167.94 51 Movebheht In fvrmls rrnh•nt •nd•wmprtfvnd Unwethlcted reMTh• Totsl Funds brou8htforward at l July 2021 Movement In fund value Fund5 carried forward at 30 June 2022 584,167.94 18,309.83 565.858.11 134,468.46 4,903.24 129.565.22 718.636AO 23,213.07 695,423.33 Followine a reaTralysis of hlstorlcal fuTrdvalues. an adlu5trnent ha5 been rnad• between permanent endowmert and unrestricted reserve Trustse Trurt•• D•te 28 20L