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|Contents|||
|---|---|---|
|Charity<br>Information|||
|Chair's Introduction.|||
|Report ofthe Trustees||. .............4|
|Independent<br>Auditor's|Report to the Trustees ofStGeorge The Martyr Charity ..20||
|Statement of Financial|Activities.|23|
|Balance Sheet.||.....24|
|Notes to the Financial|Statements.|.....25|





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|Organisation|Amount|Purpose||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||awarded|||||||||||
|Link Age Southwark|E5,347|Support for|older people||emerging|||from|'lock|down'||
|London Senior Social|f10,000|COVID recovery therapy|||for older|||people||||
|Southwark<br>Day|f10,000|Support for|asylum seekers|||||||||
|Centre for Asylum||||||||||||
|Seekers||||||||||||
|Southwark<br>Carers|E9,254|Counselling|for|carers suffering|||from loneliness||||and|
|||isolation||||||||||
|Walworth<br>Golden|E1,000|Support for|older people's|||activities||||||
|Oldies Project||||||||||||
|English For Action|F5,000|ESOL learning||group that||will seek||to support|||primarily|
|||local migrants,||refugees and people seeking||||||asylum||
|||aged 55+||||||||||
|SE17Working|f10,000|Employment|support|||||||||
|StGeorge the Martyr|F2,000|Music Festival||||||||||
|Church||||||||||||
|United St Saviour's|E8,000|Contribution|to|'Connected||at Christmas'|||fund|||
|Charity||||||||||||



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ST GEORGE THE MARTYR CHARITY
Registered Charrty Number.. 208732
to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omi55ion or
misrepresentation.
A further description of our responsibilities is availabltr on the Financial Reptsrting Council's website
al.. httpS.'l￿.frC.org.uklour-INorklAUd￿lAudI1-snd-8ssuran¢e1Standa[ds-a￿d-guIdaTrCeISIandard$-
and-guidan¢e-for-auditorslAudrtors-responsibililies-for-audillDescription-of-audilois-responsibililies-
lor-8udit.aspx. This description forms part of our auditor's report.
Use of our rep)rt
This report is made solely to the Charily's Iruslees, as a body, in accordance with Part 4 of the
Charities IAccounts and Reports) Regulation5 2008. Our audit work has been undertaken so that we
might slate to the charity's Iruslees those mallers we are required lo stale lo them in an auditor'5
report and for no other pufpose. To the fullest extent pemitted by law, we do not accept or assume
responsibility lo anyone other than the charity and the charity s Iruslees as a body, for our audit Work,
for this report. or for the opinions we have formed.
John Howard FCA
ets Audit Services
Slalutory Auditors, Chartered Accounlanls
2nd Floor. Regis House
45 King William Street
London
EC4R 9AN
Date. IG
3QsLL
Azets Audrt Services is eligible to ad as an auditor in terms of section 1212 of the Companies A
2006.
22

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|For the year ende|d 31 D|ecem|ber 2021|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||Notes|Unrestricted<br>Funds<br>6|Restricted<br>Funds<br>6||Permanent<br>Funds<br>F||Total Funds<br>2021 6|Unrestricted<br>Funds<br>6|Restricted<br>Funds<br>6|Permanent<br>Funds<br>6||Total Funds<br>2020 6|
|Statement of Financial|Activities|||||||||||||
|Income and endowments|from:|||||||||||||
|Donations<br>and Legacies|||2,000|||||2,000|2,000||||2,000|
|Investments|||268,304||472|||268,776|247,964|30|||247,994|
|Other|||816|||||816|2,291||||2,291|
|Total|||271,120||472|||271,592|252,255|30|||252,285|
|Expenditure<br>on:||||||||||||||
|Raising Funds|||9,723|||||9,723|8,909||||8,909|
|Charitable<br>Activities|||351,098||144|||351,242|401,807|1,282|||403,089|
|Total|||360,821||144|||360,965|410,716|1,282|||411,998|
|Net incoming<br>resources<br>ains on investments|before||(89,701)||328|||(89,373)|(158,461)|(1,252)|||(159,713)|
|Net (losses)/gains<br>on Investments|||292,044|1,503||1,026,121||1,319,668|18,792|792|(799,469)||(779,885)|
|Net movement<br>in funds|||202,343|1,831||1,026,121||1,230,295|(139,669)|(460)|(799,469)||(939,598)|
|Reconciliation<br>offunds||||||||||||||
|Total funds brought<br>forward.|||2,512,031|12,527||6,480,215||9,004,773|2,651,700|12,987|7,279,684||9,944,371|
|Total Funds Carried Forward||17|2,714,374|14,358||7,506,336||10,235,068|2,512,031|12,527|6,480,215||9,004,773|





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|For the year|e|nde|d 31 Decem|ber 2021|||
|---|---|---|---|---|---|---|
|||||Notes|31 Dec 2021 (6)<br>Total Funds|31 Dec 2020 (8)<br>Total Funds|
|Balance Sheet|||||||
|Fixed Assets:|||||||
|Tangible assets||||11|4,422|1,423|
|Investments||||13|9,468,445|8,807,679|
|Total Fixed Assets:|||||9,472,867|8,809,102|
|Current assets:|||||||
|Debtors||||15|18,895|18,888|
|Cash at bank and|in|hand|||772,194|218,104|
|Total Current assets:|||||791,089|236,992|
|Liabilities|||||||
|Creditors: Amounts||falling|due within one year|16|28,888|41,321|
|Total Liabilities|||||28,888|41,321|
|Net current assets|||||762,201|195,671|
|Total assets less|current||liabilities||10,235,068|9,004,773|
|Total Net Assets|||||10,235,068|9,004,773|
|Funds ofthe charity:|||||||
|Endowment<br>funds||||17|7,506,336|6,480,215|
|Restricted income|funds|||19|14,358|12,527|
|Designated<br>Fund||||21||6,635|
|Unrestricted<br>funds||||17|2,714,374|2,505,396|
|Total Charity Funds|||||10,235,068|9,004,773|





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||||||Unrestricted|Restricted|Restricted|Restricted|Permanent|Permanent|Permanent|Total Funds|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Funds<br>E|Funds||E|Funds||E|2021 E|2020|E|
|2.Income and Donations|from Legacies||||||||||||||
|Donations|||||2,000|||||||2,000|2,000||
|Total Income and Donations<br>from|||Legacies||2,000|||||||2,000|2,000||
||||||Unrestricted|Restricted|||Permanent|||Total Funds|Total Funds||
||||||Funds<br>E|Funds||E|Funds||E|2021 E|2020|E|
|3.Income from Investments|||||||||||||||
|Dividends|||||268,304|||472||||268,776|247,904||
|Term Deposit and Bank||Interest||||||||||||90|
|Total Income from Investments|||||268„304|||472||||268,776|247,994||
||||||Unrestricted|Restricted|||Permanent|||Total Funds|Total Funds||
||||||Funds<br>E|Funds||E|Funds||E|2021 E|2020|E|
|4.Expenditure<br>on Raising||Funds|||||||||||||
|Investment<br>Management|||Fee||9,723|||||||9,723|8,909||
|Total Expenditure<br>on Raising Funds|||||9,723|||||||9,723|8,909||
||||||Unrestricted|Restricted|||Permanent|||Total Funds|Total Funds||
||||||Funds<br>E|Funds|E||Funds|E||2021 E|2020 E||
|5.Charitable<br>Activities|||||||||||||||
|Charitable<br>Activities|||||||||||||||
|Grants to Organisations||||(see note 6)|60,601|||||||60,601|118,218||
|Grants to Individuals|||||46,346|||||||46,346|43,947||
|Discretionary<br>Charitable||||Payments|58,575|||||||58,575|63,920||
|Hampers,<br>Christmas<br>George's day grants||Parties &St|||22,268|||||||22,268|24,527||
|Pensioner<br>Trips and|Outings||||9,980|||||||9,980|6,624||
|Pensioner<br>Holiday Costs|||||1,753|||||||1,753|100||
|Personal Care Services|||||7,021|||||||7,021|5,569||
|Depreciation|||||1,155|||||||1,155|487||
|Office Rental|||||15,030|||||||15,030|8,175||
|Staff Costs (see note||8)|||58,645|||||||58,645|59,504||
|Professional fees|||||||||||||5,400||
|Other Expenses|||||9,995|||||||10,139|7,730||
|Governance<br>Costs (see||||note 7)|59,729|||||||59,729|58,888||
|Total Expended<br>on Charitable<br>Activities|||||361,098||144|||||351,242|403,089||





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||||||Unrestricted<br>Funds f|Restricted<br>Funds f|Permanent<br>Funds f|Total Funds<br>2021 f|Total Funds<br>2020 f|
|---|---|---|---|---|---|---|---|---|---|
|6.Grants to Organisations||||||||||
|United StSaviours Christmas|||fund||8,000|||8,000||
|SE17Working<br>CIC|||||10,000|||10,000||
|Link Age Southwark|||||5,347|||5,347||
|English ForAction|||||5,000|||5,000||
|Southwark<br>Carers|||||9,254|||9,254||
|Southwark<br>Day Centre|for|Asylum||Seekers|10,000|||10,000||
|London Senior Social|||||10,000|||10,000||
|Music Project|||||2,000|||2,000||
|Inspire at St Peter' s|||||||||10,000|
|Age UK Lewisham<br>&Southwark|||||||||400|
|Golden Oldies|||||1,000|||1,000|360|
|Action Network<br>(Pembroke||House)|||||||500|
|Louie Louie|||||||||1,500|
|Blackfriars Settlement|||||||||10,000|
|St George the Martyr Church|||||||||9,320|
|Southwark<br>Community|Response|||Fund|||||50,000|
|St Paul's CofE Primary|School||||||||310|
|Bermondsey<br>StJames|||||||||450|
|Cathedral<br>Primary|||||||||378|
|Citizens advice southwark|||||||||10,000|
|StJude's<br>Primary School|||||||||5,000|
|Homestarl|||||||||10,000|
|Pembroke<br>College Settlement|||||||||10,000|
|Total ofGrants to Organisations|||||60,601|||60,601|118,218|
||||||Unrestricted<br>Funds f|Restricted<br>Funds f|Permanent<br>Funds f|Total Funds<br>2021 f|Total Funds<br>2020 f|
|7.Governance costs||||||||||
|Board meeting costs|||||1,109|||1,109|686|
|Accountancy|||||2,780|||2,780|2,520|
|Auditors<br>Remuneration|||||5,375|||5,375|5,520|
|Staff Costs (see note 8)|||||49,884|||49,884|46,922|
|Trustee Training|||||581|||581|240|
|Total Governance costs|||||59,729|||59,729|58,888|
||||||Unrestricted<br>Funds f|Restricted<br>Funds f|Permanent<br>Funds f|Total Funds<br>2021 f|Total Funds<br>2020 f|
|8.Staff Costs||||||||||
|Wages and Salaries|||||93,935|||93,935|95,141|
|Social Security Costs|||||6,493|||6,493|6,440|
|Pension Costs - defined|contribution||||7,079|||7,079|6,985|
|Staff professional<br>expenses||and training|||1,022|||1,022|860|
|Total Staff Costs|||||108,529|||108,529|109,426|





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||2021f|2020|
|---|---|---|
|9.Grants Payable|||
|At 1 January|30,450|6,053|
|Grants approved|60,601|118,218|
|Grants paid|(78,951)|(93,821)|
|Grants payable at 31 December|12,100|30,450|



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|||||Office|Computer|Total|
|---|---|---|---|---|---|---|
|||||Equipment|Equipment||
||||||E|6|
|Cost|||||||
|Cost 1stJanuary 2021||||2,732||2,732|
|Acquisitions||||502|3,653|4,155|
|Write off of fully written|down assets|||(782)||(782)|
|Transfer between asset|cate ories|||1,676|1,676||
|Cost 31 December 2021||||776|5,329|6,105|
|De reciation|||||||
|Depreciation<br>1st January 2021||||(1,309)||(1,309)|
|Charge for the year||||(121)|(1,035)|(1,156)|
|Write back of depreciation||on fully written|offassets|782||782|
|Depreciation<br>on transferred||assets||419|(419)||
|Depreciation<br>31 December 2021||||(229)|(1,454)|(1,683)|
|Net Book Value|||||||
|At 31 December 2021||||547|3,875|4,422|
|At 31 December 2020||||1,423||1,423|





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|||||||Market Value<br>31 Dec 2021<br>(&)|Cost 31<br>Dec 2021|Dec 2p2p<br>Value 31|Cost 31<br>Dec 2020|
|---|---|---|---|---|---|---|---|---|---|
|13.Fixed Asset Investments||||||||||
|Permanent<br>Endowment||||||||||
|Fenner & Martin Bible|Fund|—COIF (income units)||||17,800|15,032|15,580|15,032|
|Fenner & Martin Bible|Fund|—COIF (accumulation||units)||1,109|782|946|782|
|Delaforce Educational|Foundation||- COIF (income|units)||241|11|211|11|
|Delaforce Educational|Foundation||- COIF (accumulation||units)|8,186|5,768|6,984|5,768|
|St George the Martyr|United|Fund|—COIF (accumulation||units)|||1,672,862|1,458,251|
|St George the Martyr|United|Fund|—Charifund<br>(income||units)|3,280,603|2,478,814|4,783,632|4,098,065|
|St George the Martyr <br>(income units)|United|Fund|—Ethical Investment||Fund|1,350,593|1,185,180|||
|St George the Martyr <br>(accumulation<br>units)|United|Fund|—Ethical Investment||Fund|1,956,443|1,819,999|||
|St George the Martyr <br>(income units)|United|Fund|- COIF Property|Fund||372,766|288,856|||
|StGeorge the Martyr|United|Fund|- Savills Property|Fund||518,595|395,000|||
|Total Permanent<br>Endowment||||||7,506,336|6,189,442|6,480,215|5,577,909|
|Restricted<br>Funds||||||||||
|Delaforce Educational|Foundation||(income units)|||294|15|257|15|
|Delaforce Educational|Foundation||(accumulation<br>units)|||9,980|7,031|8,514|7,031|
|Total Restricted<br>Funds||||||10,274|7,046|8,771|7,046|
|Unrestricted<br>Funds||||||||||
|StGeorge the Martyr|United|Fund|- Quilters|||1,021,014|804,048|1,517,357|1,080,795|
|StGeorge the Martyr <br>(income units)|United|Fund|—Ethical Investment||Fund|930,821|816,820|||
|StGeorge the Martyr <br>(income units)|United|Fund|- COIF Property|Fund||||331,427|288,856|
|StGeorge the Martyr|United|Fund|- Savills Property|Fund||||469,909|395,000|
|Total Unrestricted<br>Funds||||||1,951,835|1,620,868|2,318,693|1,764,651|
|Total Fixed Asset Investments||||||9,468,445|7,817,356|8,807,679|7,349,606|





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|||Unrestricted<br>Funds f|||Restricted<br>Funds f|Restricted<br>Funds f|Restricted<br>Funds f|Permanent<br>Endowment<br>f|Permanent<br>Endowment<br>f|31|31|Dec 2021<br>f||31 Dec<br>2020 f||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|14.Movement<br>in Fixed Asset||investments||||||||||||||
|Brought forward<br>January|at 1|2,318,693||||8,771||6,480,215||||8,807,679|9,725,036|||
|Additions||109,326||||||3,821,999||||3,931,325|4,378,396|||
|Disposal Proceeds||(768,228)||||||(3,821,999)|||(4,590,227)||(4,515,868)|||
|Realised gain||182,210||||||259,000||||441,210|(1,608,145)|||
|IJnrealised<br>ain||109,834||||1,503||767,121||||878,458||828,260||
|Market Value at <br>December|31|1,951,835||||10,274||7,506,336||||9,468,445|8,807,679|||
|||Unrestricted<br>Funds f|||Restricted<br>Funds f|||Permanent<br>Endowment f||31|Dec 2021||31 Dec 2020<br>f|||
|15.Debtors||||||||||||||||
|Prepayments||18,826||||||||||18,826||12,029||
|Accounts receivables||||||||||||||||
|Office rental<br>in advance||||||||||||||||
|Trips and holiday<br>deposits<br>in advance||||||||||||||6,150||
|Accrued Income||69||||||||||69||709||
|Total Debtors||18,895||||||||||18,895||18,888||
|||Unrestricted<br>Funds f|||Restricted<br>Funds f|||Permanent<br>Endowment f||31Dec 2021<br>f|||31 Dec 2020|||
|16.Creditors||||||||||||||||
|Accounts payable||4,114||||||||||4,114||480||
|Grants payable||12,100||||||||||12,100||30,450||
|Accruals||8,534||||||||||8,534||8,105||
|Credit card||1,801||||||||||1,801||||
|Investment<br>manager fees||2,339||||||||||2,339||2,286||
|Total Creditors||28,888||||||||||28,888||41,321||
|||Unrestricted<br>Funds<br>(f)|D|F|., n <br>d|ted|Restricted<br>Funds<br>(f)||Permanent<br>Endowment<br>(f)|||31 Dec|2021<br>(f)|31Dec<br>2020<br>(f)||
|17.Funds||||||||||||||||
|Brought forward|at 1 January|2,505,396|||6,635|||12,527|6,480,215|||9,004,773||9,944,371||
|Current Year Earnings||205,223|||(2,880)|||1,831|1,026,121|||1,230,295||(939,598)||
|Transfer||3,755|||(3,755)|||||||||||
|At 31 December||2,714,374||||||14,358|7,506,336|||10,235,068||9,004,773||



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|||||Unrestricted<br>Funds|Unrestricted<br>Funds|D|,. n <br>F|t <br>d|d|Restricted<br>Funds|Restricted<br>Funds|Permanent<br>Endowment|Permanent<br>Endowment|31 Dec 2021|31 Dec 2021|31 Dec<br>2020|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||(&)|||E|||(&)||(&)||(&)|(&)|
|18.Particulars||of Individual||funds|and analysis||ofthe|||assets and||liabilities|representing||the funds||
|Tangible fixed assets|||||4,422|||||||||4,422||1,423|
|Investments|||||1,951,835||||||10,274|7,506,336||9,468,445||8,807,679|
|Cash and short-term|||deposits||768,110||||||4,084|||772,194||218,104|
|Debtors|||||18,895|||||||||18,895||18,888|
|Creditors|||||(28,888)|||||||||(28,888)||(41,321)|
|Funds at 31 December|||||2,714,374||||||14,358|7,506,336||10,235,068||9,004,773|
|||||||Fenner||8|Martin||Delaforce|||Total restricted||funds|
|||||||||||K|||||||
|19.Restricted||Funds|||||||||||||||
|At 1 January|2021|||||||||1,253|11,274|||||12,527|
|Income||||||||||458||14||||472|
|Expenditure||||||||||(72)||(72)||||(144)|
|Investment|gains|||||||||||1,503||||1,503|
|At 31 December 2021||||||||||1,639|12,719|||||14,358|
|||||||Fenner||8|Ilartin||Delaforce|||Total restricted||funds|
|||||||||||E||||||E|
|Represented||by|||||||||||||||
|Fixed asset|investments||||||||||10,274|||||10,274|
|Debtors|||||||||||||||||
|Cash||||||||||1,639||2,445||||4,084|
|Creditors|||||||||||||||||
|Total Funds||||||||||1,639|12,719|||||14,358|
|||||||Fenner||&|Martin<br>E||Delaforce<br>E|||Total restricted||fundsf|
|20.Com|arative Restricted|||Funds|||||||||||||
|At 1 January|2020|||||||||2,447|10,540|||||12,987|
|Income||||||||||16||14||||30|
|Expenditure|||||||||(1,210)|||(72)||||(1,282)|
|Investment<br>gains||||||||||||792||||792|
|At 31 December 2020||||||||||1,253|11,274|||||12,527|
|||||||Fenner||8|Martin||Delaforce|||Total restricted||funds|
|||||||||||||||||E|
|Represented||by|||||||||||||||
|Fixed asset|investments|||||||||||8,771||||8,771|
|Debtors|||||||||||||||||
|Cash||||||||||1,703||2,503||||4,206|
|Creditors||||||||||(450)||||||(450)|
|Total Funds||||||||||1,253|11,274|||||12,527|





## 

|||Designated|Designated|
|---|---|---|---|
|||Fund 2021|Fund 2020|
|21.Desi|nated Funds|||
|At 1 January||6,635|7,255|
|Income||||
|Expenditure||(2,880)|(620)|
|Transfer to|unrestricted|(3,755)||
|At 31 December|||6,635|



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|At 31 December 2021,the charity had outstanding<br>commit<br>follows:|ments<br>for future<br>minimum<br>lease payments<br>w|hich fall due|
|---|---|---|
||2021 (E)|2020 (R)|
|Within one year|15,030|15,030|
|Between two and five years|60,120|60,120|
|In over five years|29,772|44,802|
||104922|119952|



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