| Page | ||
|---|---|---|
| Tmst information | 2-3 | |
| Trustee report | 4-7 | |
| Independent auditors' |
report | |
| Statement offinancial | activities | |
| Balance sheet | 10 | |
| Notes to the financial | statements |
| 2022 | 2022 | 2022 | 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Uaresiricted | Restricted | Endosvment | Totnl | Total | ||||||
| Note | funds | funds g |
fuml | fundsf | funds | |||||
| Income and endowtncnts | front: | |||||||||
| Investment income |
2 | 32,631 | 60,602 | 93,233 | 96,603 | |||||
| Total Income | 23,631 | 60,602 | 93,233 | 96,603 | ||||||
| Expenditure on: |
||||||||||
| Investment management |
costs | 3 | 23,782 | 23,782 | 20,661 | |||||
| Charitable activities |
4 | 34,291 | 60,602 | - | 94,893 | 93,523 | ||||
| Total Expenditure | 34,291 | 60,602 | 23,782 | 118,675 | 114,184 | |||||
| Net expenditure | ||||||||||
| before investment | gains | (1,660) | (23,782) | (25,442) | (17,581) | |||||
| Net realised and unrealised |
gains | |||||||||
| on investment portfolios |
308,941 | 308,941 | 1,035,566 | |||||||
| Net income aml movement | in | funds | (1,660) | 285)159 | 2S3,499 | 1,017,985 | ||||
| Total funds brought | forward | at | I April | 16,676 | 4,579,384 | 4,596,060 | 3,578,075 | |||
| Total funds carried | forward | at31March | 15,016 | 4,864,543 | 4,879,559 | 4,596,060 |
| 2022 | 2022 | 2021 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|
| Note | f | f. | ||||||
| Fixed assets | ||||||||
| Investment property |
at market | value | 15,000 | 15,000 | ||||
| Investment portfolio |
at market | value | 4,847,5S7 | 4,562,085 | ||||
| 4,862,587 | 4,577,085 | |||||||
| Current assets |
||||||||
| Debtors | 14,058 | 15,466 | ||||||
| Cash on deposit | 31,823 | |||||||
| Cash at bank and in | hand | 84,775 | 52,750 | |||||
| 98,833 | 100,039 | |||||||
| Creditors: Amounts |
falling due | |||||||
| within one year | (81,861) | (81,064) | ||||||
| Net current assets | 16,972 | 18,975 | ||||||
| Total net assets | 4,879,559 | 4,596,060 | ||||||
| Represented by: |
||||||||
| Funds and reserves | ||||||||
| Permanent endowment |
fund | 8 | 4,864,543 | 4,579,384 | ||||
| Restricted funds |
9 | |||||||
| Unrestricted fund |
10 | 15,016 | 16,676 | |||||
| Total funds | 4,879,559 | 4,596,060 |
| 2022 | 2022 | 2022 | 2022 | |||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | |||||
| funds | fund | fumls | fun&la | |||||
| 5 | ||||||||
| 2. | Investment | income | ||||||
| Dividends | and distributions | from | 32,623 | 60,586 | 93409 | |||
| investment | portfolio | |||||||
| Interest on | cash on deposit | and at bank | 16 | 24 | ||||
| 32,631 | 60,602 | 93)233 | ||||||
| 2021 | 2021 | 2021 | 2021 | |||||
| Unrestricted | Restricted | Endowment | Total | |||||
| funds | fund 5 |
funds f |
funds f |
|||||
| Investment | income | |||||||
| Dividends | and distributions | from | ||||||
| investment | portfolio | 33,793 | 62,758 | 96,551 | ||||
| Interest on | cash on deposit | and at bank | 18 | 34 | 52 | |||
| 33,811 | 62,792 | 96,603 | ||||||
| 2022 | 2021 | |||||||
| Total | Total | |||||||
| funds | funds | |||||||
| 8 | ||||||||
| Investment | maaagement | costs | ||||||
| Investment | management | fees | 23,782 | 20,661 |
| 2022 | 2022 | 2022 | 2022 | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Totnl | ||||
| fund | funds | fundf | feeds 5 |
||||
| 4. | Cttaritable | activities | |||||
| Grants allocated | 32,420 | 57,127 | 89,547 | ||||
| Support costs. | |||||||
| Staff costs | 1&050 | 1,950 | 3,000 | ||||
| Independent | Examination | fee | 787 | 1,463 | 2,250 | ||
| Bank charges | 34 | 62 | 96 | ||||
| 34,291 | 60,602 | 94,893 |
| 2021 | 2021 | 2021 | 2021 | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | ||||
| fund | funds | fund | funds | ||||
| f | |||||||
| 4. | Charitable | activities - continued | |||||
| Grants allocated | 29,100 | 59,764 | 88,864 | ||||
| Support costs; | |||||||
| Staff costs | 1,050 | 1,950 | 3,000 | ||||
| Independent | Examination | fee | 557 | 1,033 | 1,590 | ||
| Bank charges | 24 | 45 | 69 | ||||
| 30,731 | 62,792 | 93,523 |
| 2022 | 2021 | ||
|---|---|---|---|
| Total | Total | ||
| funds | fundsf | ||
| Fixed assets —investment | portfolio | ||
| Markei value at I April 2021 | 4,562,085 | 3,545,791 | |
| Add; Purchases at cost |
538,348 | 1,362,989 | |
| Less: Sales proceeds | (573,054)(1,340,571) | ||
| Net realised gains | 122,546 | 43,581 | |
| Net unreal ised gains | 186,395 | 991,985 | |
| Movement in cash held as |
part ofportfolio | 11467 | (41,690) |
| Markel value at 31March | 2022 | 4,847,587 | 4,562,085 |
| Cost at 31 March 2022 | 4,035,084 | 3,935,637 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Total | Total | ||||
| fundsf | funds | ||||
| Creditors: Amounts | falling | &lue within | one year | ||
| Grants to be distributed | 70,727 | 73,364 | |||
| Accruals | 11,134 | 7,700 | |||
| 81,861 | 81,064 |
| 2021 | 2022 | 2022 | |||
|---|---|---|---|---|---|
| Total | Movement | Total | |||
| funds | in Yenr | funds | |||
| f. | |||||
| Permanent | endowment | fund | 4,579,384 | 285,159 | 4,864,543 |
| 2020 | 2021 | 2021 | |||
| Total | Movement | Total | |||
| funds | in Yearf | funds | |||
| Permanent | endowment | fund | 3,564,479 | 1,014,905 | 4,579,384 |
| 2021 | 2022 | 2022 | 2022 | |||
|---|---|---|---|---|---|---|
| Totnl | Income | Expenditure | Total | |||
| funds | funds | |||||
| City University | ofLondon | 43,944 | (43,944) | |||
| StEthelburga's | Centre for Reconciliation | and Peace | 13,183 | (13,183) | ||
| 57,127 | (57,127) | |||||
| 2020 | 2021 | 2021 | 2021 | |||
| Total | Income | Expenditure | Total | |||
| funds | funds | |||||
| f. | ||||||
| City University | ofLondon | 45,972 | (45,972) | |||
| StEthelburga's | Centre for Reconciliation | and Peace | 13,792 | (13,792) | ||
| 59,764 | (59,764) |
| Unrestri | cted fund |
||||
|---|---|---|---|---|---|
| 2021 | 2022 | 2022 | 2022 | ||
| Total | Income | Expenditure | Total | ||
| funds | funds | ||||
| General | fund | 16,676 | 32,631 | (34491) | 15,016 |
| 2020 | 2021 | 2021 | 2021 | ||
| Totnl | Income | Expenditure | Total | ||
| fundsf | funds f. |
||||
| General | fund | 13,596 | 33,811 | (30,731) | 16,676 |
| Analysis o | fnet assets between funds |
||||
|---|---|---|---|---|---|
| 2022 | 2022 | 2022 | 2022 | ||
| Permanent | |||||
| endo&vment | Rcstrictcd | Unrestricted | Total | ||
| fund | funds f. |
lur&d | fundsf | ||
| Investment | property | 15,000 | 15,000 | ||
| Investment | portfolio | 4,847,587 | 4,847,587 | ||
| Debtors | 9,138 | 4,920 | 14,058 | ||
| Cash on deposit and at bank | 1,956 | 55426 | 27&593 | 84,775 | |
| Creditors | (64,364) | (17,497) | (81,861) | ||
| At 31 March 2022 | 4,864&543 | 15,016 | 4,879,559 | ||
| 2021 | 2021 | 2021 | 2021 | ||
| Permsaent | |||||
| endowment | Restricted | Unrestricted | Total | ||
| fund | funds | fund | funds | ||
| f. | f | ||||
| Investment | property | 15,000 | 15,000 | ||
| Investntent | portfolio | 4,562,085 | 4,562,085 | ||
| Debtors | 10,053 | 5,413 | 15,466 | ||
| Cash on deposit and at bank | 2,299 | 54,716 | 27,558 | 84,573 | |
| Creditors At 31 March 2021 |
¹, 579,384 |
(64,769) | (16,295) 16,676 |
(81,064) 4,596,060 |