| Page | |||||
|---|---|---|---|---|---|
| Report ofthe Trustees | I | to | 3 | ||
| Independent Examiner's |
Report | ||||
| Statement ofFinancial | Activities | ||||
| Balance Sheet | |||||
| Notes to the Financial | Statements | 7 | to | 12 |
| 31.12.21 | 31.12.20 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Inveshnentincome | 28,178 | 18,488 | 46,666 | 42,498 | ||
| EXPENDITURE | ON | |||||
| Raisuig funds | 4,387 | 4,206 | 8,593 | 19,324 | ||
| Other | 17,790 | 18,990 | 36,780 | 33,356 | ||
| Total | 22,177 | 23,196 | 45,373 | 52,680 | ||
| Net gains/(losses) | on investments | 50,607 | 41,403 | 92,010 | (15,584) | |
| NET INCOME/(EXPENDITURE) | 56,608 | 36,695 | 93,303 | (25,766) | ||
| Trausfers between |
funds | 10 | (515) | 515 | ||
| Net movement lu |
funds | 56,093 | 37,210 | 93,303 | (25,766) | |
| RECONCILIATION OFFUNDS |
||||||
| Total funds brought fonvard | 834,112 | 565,794 | 1,399,906 | 1,425,672 | ||
| TOTAL FUNDS CARRIED FORWARD | 890,205 | 603,004 | 1,493,209 | 1,399,906 |
| 31.12.21 | 31.12.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| FIXEDASSETS | Notes | g | g | g | f. |
| Investment property |
7 | 300,000 | 300,000 | 300,000 | |
| CURRENT ASSETS | |||||
| Illvestiiients Cash at bank |
8 | 515,678 75,452 |
559,655 43,864 |
1,075,333 119,316 |
995,614 105,732 |
| 591,130 | 603,519 | 1,194,649 | 1,101,346 | ||
| CREDITORS | |||||
| Amounts falling due ivithin one year |
9 | (925) | (515) | (1,440) | (1,440) |
| NKT CURRENT ASSETS | 590,205 | 603,004 | 1,193,209 | 1,099,906 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 890,205 | 603,004 | 1,493,209 | 1,399,906 | |
| NKT ASSETS | 890,205 | 603,004 | 1,493,209 | 1,399,906 | |
| FUNDS | 10 | ||||
| Uurestricted finids Restricted funds |
890,205 603,004 |
834,112 565,794 |
|||
| TOTAL FUNDS | 1,493,209 | 1,399,906 |
| INVESTMENT INCOME | ||
|---|---|---|
| 31.12.21 | 31.12.20 | |
| Rents received | 17,788 | 14,251 |
| Deposit accountinterest | 19 | 160 |
| Divideuds received |
28,859 | 28,087 |
| 46,666 | 42,498 |
| Investment | Investment | nianagement | costs | ||
|---|---|---|---|---|---|
| 31.12.21 | 31.12.20 | ||||
| 8 | |||||
| Portfolio | management | 7,864 | 12,641 | ||
| Property | repairs | 729 | 6,683 | ||
| 8,593 | 19,324 |
| 31,12.21 | 31.12.20 | ||||
|---|---|---|---|---|---|
| Administration | 1 | 1 | |||
| No employees received emoluments |
in excess off60,000. | ||||
| COMPARATIVKS IrOR THK STATEMENT OF FINANCIAL |
ACTIVITIES | ||||
| Unrestricted | Restricted | Total | |||
| funds | funds | fundsf | |||
| INCOME AND | ENDOWMENTS | FROM | |||
| Investmentincome | 25,087 | 17,411 | 42,498 | ||
| EXPENDITURE | ON | ||||
| Raising funds | 12,363 | 6,961 | 19,324 | ||
| Other | 15,496 | 17,860 | 33,356 | ||
| Total | 27,859 | 24,821 | 52,680 | ||
| Net gains/(losses) | on investments | 13,096 | (28,680) | (15,584) | |
| NET INCOME/(EXPENDITURE) | 10,324 | (36,090) | (25,766) | ||
| Transfers between funds |
(515) | 515 | |||
| Net niovement in |
funds | 9,809 | (35,575) | (25,766) |
| 6. | COMPARATIVKS | FOR THK STATEMENT OF FINANCIAL ACTIVITIES | FOR THK STATEMENT OF FINANCIAL ACTIVITIES | FOR THK STATEMENT OF FINANCIAL ACTIVITIES | - continued | |
|---|---|---|---|---|---|---|
| Unrostricted | Restricted | Total | ||||
| funds | funds | funds | ||||
| f, | f | |||||
| RECONCILIATION | OFFUNDS | |||||
| Total fun&la brought | forward | 824,303 | 601,369 | 1,425,672 | ||
| TOTAL FUNDS CARRIED FORWARD | 834,112 | 565,794 | 1,399,906 | |||
| 7, | INVESTMKNT PROPERTY | |||||
| FAIR VALUE | ||||||
| At 1 January 2021 |
||||||
| and 31December 2021 | 300,000 | |||||
| NKT BOOK VALUE | ||||||
| At 31 December 2021 | 300,000 | |||||
| At 31Decetuber 2020 | 300,000 | |||||
| 8, | CURRENT ASSETINVESTMKNTS | |||||
| 31.12,21 | 31.12.20 | |||||
| 8 | ||||||
| Listed investments | 1,075,333 | 995,614 | ||||
| 9. | CREDITORS: AMOUNTS FALLING DUK WITHIN ONE YEAR | |||||
| 31.12.21 | 31.12.20 | |||||
| 8 | ||||||
| Other creditors | 1,440 | 1,440 | ||||
| 10. | MOVEMENT IN FUNDS | |||||
| Net | Transfers | |||||
| movement | behveen | At | ||||
| At 1.1.21 | in | funds | funds | 31.12.21 | ||
| Unrestricted funds |
||||||
| S&LHotvland I Churchlands |
339,489 494,623 |
6,849 49,759 |
(1,075) 560 |
345,263 544,942 |
||
| Restricted funds |
834,112 | 56,608 | (515) | 890,205 | ||
| S&LHowiand 2 Wicken Trust |
309,042 256,752 |
30,539 6,156 |
265 250 |
339,846 263,158 |
||
| 565,794 | 36,695 | 515 | 603,004 | |||
| TOTAL FUNDS | 1,399,906 | 93,303 | 1,493,209 |
| Inconlulg | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | |||
| f. | ||||||
| Unrestricted | funds | |||||
| S&LHowland Churcldands |
I | 17,808 10,370 |
(10,959) (11,218) |
50,607 | 6,849 49,759 |
|
| Restricted funds |
28,178 | (22,177) | 50,607 | 56,608 | ||
| S&LHolvland Wicken Tnlst |
2 | 11,119 7,369 |
(11,850) (11,346) |
31,270 10,133 |
30,539 6,156 |
|
| 18,488 | (23,1961 | 41,403 | 36,695 | |||
| TOTAL FUNDS | 46,666 | (45,373) | 92,010 | 93,303 | ||
| Comparatlves | for movement | in funds | ||||
| Net | Trausfem | |||||
| moveluent | behveen | At | ||||
| At 1.1.20 f |
in funds f |
funds | 31.12.20 | |||
| Unrestricted funds |
||||||
| S&LHolvland Churchlands |
I | 347,777 476,526 |
(7,213) 17,537 |
(1,075) 560 |
339,489 494,623 |
|
| Restricted funds |
824,303 | 10,324 | (515) | 834,112 | ||
| S&LHolvlaud Wicken Trust |
2 | 337,787 263,582 |
(29,010) (7,080) |
265 250 |
309,042 256,752 |
|
| 601,369 | (36,090) | 515 | 565,794 | |||
| TOTAL FUNDS | 1,425,672 | (25,766) | 1,399,906 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| 8 | |||||
| Unrestricted | funds | ||||
| S&LHotvland Churchlands |
I | 14,406 10,681 |
(21,619) (6,240) |
13,096 | (7,213) 17,537 |
| Restricted fuuds |
25,087 | (27,859) | 13,096 | 10,324 | |
| S&LHowland Wicken Trust |
2 | 10,555 6,856 |
(7,979) (16,842) |
(31,586) 2,906 |
(29,010) (7,080) |
| 17,411 | (24,821) | (28,680) | (36,090) | ||
| TOTAL FUNDS | 42,498 | (52,680) | (15,584) | (25,766) | |
| A current year | 12months | mtd prior year 12months combined | position is as follows: |
||
| Net | Transfers | ||||
| movement | between | At | |||
| At 1.1.20 | in funds | funds | 31.12.21 | ||
| Unrestricted | fnnds | ||||
| $&L Hosvland Churchlands |
I | 347,777 476,526 |
(364) 67,296 |
(2,150) 1,120 |
345,263 544,942 |
| Restricted funds |
824,303 | 66,932 | (1,030) | 890,205 | |
| S&LHowland Wicken Trust |
2 | 337,787 263,582 |
1,529 (924) |
530 500 |
339,846 263,158 |
| 601,369 | 605 | 1,030 | 603,004 | ||
| TOTAL FUNDS | 1,425,672 | 67,537 | 1,493,209 |
| Incoming | Resources | Gauts and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| f, | f | 8 | |||
| Uurestrlcted | funds | ||||
| S&LHowland | I | 32,214 | (32,578) | (364) | |
| Churchlands | 21,051 | (17,458) | 63,703 | 67,296 | |
| 53,265 | (50,036) | 63,703 | 66,932 | ||
| Restricted funds |
|||||
| S&LHowland | 2 | 21,674 | (19,829) | (316) | 1,529 |
| Wicken Tntst | 14,225 | (28,188) | 13,039 | (924) | |
| 35,899 | (48,017) | 12,723 | 605 | ||
| TOTAL IrUNDS | 89,164 | (98,053) | 76,426 | 67,537 |