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 COMMI￿0￿ 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 R￿lere 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: 

1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 

2. 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
D￿ldends- 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.C￿j
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
Totsl*Jhdi
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
rrn*h•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