| Page | ||||
|---|---|---|---|---|
| Trustees' Report | 1 | to | 5 | |
| Independent Examiner's |
Report | |||
| Statement of Financial | Activities | |||
| Balance Sheet | ||||
| Notes to the Financial Statements | 9 | to | 15 | |
| Detailed Statement of Financial Activities | 16 | to | 17 |
| StWerberghs | Church | F2,000 |
|---|---|---|
| Spondon Methodist |
E5,000 | |
| StWerberghs | School | F1,000 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Total | ||||
| fund | fund | funds | funds | ||||
| Notes | E | ||||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
250 | ||||||
| Investment income |
39,138 | 39,138 | 38,816 | ||||
| Other income | 110 | ||||||
| Total | 39,138 | 39,138 | 39,176 | ||||
| EXPENDITURE ON | |||||||
| Raising funds | 7,617 | 7,617 | 10,291 | ||||
| Charitable activities |
|||||||
| Relief given | 19,425 | 19,425 | 20,706 | ||||
| Other | 6,265 | 6,265 | 3,455 | ||||
| Total | 33,307 | 33,307 | 34,452 | ||||
| Net gains/(losses) | on investments | 6,706 | 50,176 | 56,882 | (83,413) | ||
| NET INCOME/(EXPENDITURE) | 12,537 | 50,176 | 62,713 | (78,689) | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 370,206 | 754,218 | 1,124,424 | 1,203,113 | ||
| TOTAL FUNDS CARRIED FORWARD | 382,743 | 804,394 | 1,187,137 | 1,124,424 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Notes | E | |||
| FIXEDASSETS | ||||
| Investments | 1,099,617 | 1,042,735 | ||
| CURRENT ASSETS | ||||
| Cash at bank and | in hand | 89,620 | 83,669 | |
| CREDITORS | ||||
| Amounts falling due within one year |
(2,100) | (1,980) | ||
| NET CURRENT ASSETS | 87,520 | 81,689 | ||
| TOTAL ASSETS | LESSCURRENT | |||
| LIABILITIES | 1,187,137 | 1,124,424 | ||
| NET ASSETS | 1,187,137 | 1,124,424 | ||
| FUNDS | ||||
| Unrestricted funds |
382,743 | 370,206 | ||
| Endowment funds |
804,394 | 754,218 | ||
| TOTAL FUNDS | 1,187,137 | 1,124,424 |
| INVESTMENT INCOIIE | ||
|---|---|---|
| 2023 | 2022 | |
| F | F | |
| Rents received | 19,516 | 19,871 |
| Income from investments | 18,583 | 18,768 |
| Deposit account interest | 1,039 | 177 |
| 39,138 | 38,816 |
| Investme | nt management costs |
||
|---|---|---|---|
| 2023 | 2022 | ||
| E | E | ||
| Property | repairs | 3,598 | 7,557 |
| Insurance | 2,220 | 1,007 | |
| Water and gas | 88 | ||
| 5,818 | 8,652 |
| 2023 | 2022 |
|---|---|
| 1 | 1 |
| Unrestricted | Endowment | Total | |||
|---|---|---|---|---|---|
| fund | fund | funds | |||
| F | E | F | |||
| INCOME | AND ENDOWMENTS | FROM | |||
| Donations | and legacies | 250 | 250 | ||
| Investment | income | 38,816 | 38,816 | ||
| Other income | 110 | 110 | |||
| Total | 39,176 | 39,176 | |||
| EXPENDITURE ON | |||||
| Raising funds | 10,291 | 10,291 | |||
| Charitable | activities | ||||
| Relief given | 20,706 | 20,706 | |||
| Other | 3,455 | 3,455 |
| 6. | COMPARATIVES | FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued | FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued | FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued | |
|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | |||
| fund | fund | funds | |||
| E | |||||
| Total | 34,452 | 34,452 | |||
| Net gains/(losses) | on investments | (9,442) | (73,971) | (83,413) | |
| NET INCOME/(EXPENDITURE) | (4,718) | (73,971) | (78,689) | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 374,924 | 828,189 | 1,203,113 | |
| TOTAL FUNDS CARRIED FORWARD | 370,206 | 754,218 | 1,124,424 | ||
| 7. | PROPERTY REPAIRS | ||||
| 2023 | 2022 | ||||
| Moor End | 3,396 | 373 | |||
| Allotments | 202 | 300 | |||
| Hobson Drive |
6884 | ||||
| 3,598 | 7,557 | ||||
| 8. | FIXEDASSET INVESTMENTS | ||||
| 2023 | 2022 | ||||
| F | |||||
| Shares | 685,875 | 628,993 | |||
| Land and buildings | 413,742 | 413,742 | |||
| 1,099,617 | 1,042,735 |
| Additional information as follows: |
|
|---|---|
| Listed | |
| investments | |
| F | |
| MARKET VALUE | |
| At 1 January 2023 | 628,993 |
| Revaluations | 56,882 |
| At 31 December 2023 | 685,875 |
| NET BOOK VALUE | |
| At 31 December 2023 | 685,875 |
| At 31 December 2022 | 628,993 |
| There were | There were | no investment | no investment | no investment | assets outside the UK. | assets outside the UK. | |||
|---|---|---|---|---|---|---|---|---|---|
| Cost or valuation | at | 31 December 2023 | is represented | by: | |||||
| Listed | |||||||||
| investments | |||||||||
| E | |||||||||
| Valuation | in | 2023 | 685,875 | ||||||
| Investments | (neither | listed | nor unlisted) | were as follows: | |||||
| 2023 | 2022 | ||||||||
| E | E | ||||||||
| Land and | buildings | 413,742 | 413,742 |
| 2023 | 2022 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| F | E | ||||||||
| Trade creditors | 2,100 | 1,980 | |||||||
| 10. | ANALYSIS OF | NET ASSETS BETWEEN FUNDS | |||||||
| 2023 | 2022 | ||||||||
| Unrestricted | Endowment | Total | Total | ||||||
| fund | fund | funds | funds | ||||||
| E | E | ||||||||
| Investments | 295,223 | 804,394 | 1,099,617 | 1,042,735 | |||||
| Current assets | 89,620 | 89,620 | 83,669 | ||||||
| Current liabilities |
(2,100) | (2,100) | (1,980) | ||||||
| 382,743 | 804,394 | 1,187,137 | 1,124,424 | ||||||
| 11. | MOVEMENT | IN FUNDS | |||||||
| Net | |||||||||
| movement | At | ||||||||
| At 1.1.23 | in funds | 31.12.23 | |||||||
| E | F | E | |||||||
| Unrestricted | funds | ||||||||
| General fund |
370,206 | 12,537 | 382,743 | ||||||
| Endowment | funds | ||||||||
| Endowment | 754,218 | 50,176 | 804,394 | ||||||
| TOTAL FUNDS | 1,124,424 | 62,713 | 1,187,137 | ||||||
| Net movement | in funds, | included | in the above are | as follows: | |||||
| Incoming | Resources | Gains and | Movement | ||||||
| resources | expended | losses | in funds | ||||||
| E | |||||||||
| Unrestricted | funds | ||||||||
| General fund |
39,138 | (33,307) | 6,706 | 12,537 | |||||
| Endowment | funds | ||||||||
| Endowment | 50,176 | 50,176 | |||||||
| TOTAL FUNDS | 39,138 | (33,307) | 56,882 | 62,713 |
| Compar | atives | for movement in funds |
|||
|---|---|---|---|---|---|
| Net | |||||
| movement | At | ||||
| At 1.1.22 | in funds | 31.12.22 | |||
| F | E | E | |||
| Unrestricted | funds | ||||
| General | fund | 374,924 | (4,718) | 370,206 | |
| Endowment | funds | ||||
| Endowment | 828,189 | (73,971) | 754,218 | ||
| TOTAL | FUNDS | 1,203,113 | (78,689) | 1,124,424 |
| Comparative | net movement in fun |
ds, included in the above a |
re as follows: | ||
|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | ||
| resources | expended | losses | in funds | ||
| F | P | ||||
| Unrestricted | funds | ||||
| General fund |
39,176 | (34,452) | (9,442) | (4,718) | |
| Endowment | funds | ||||
| Endowment | (73,971) | (73,971) | |||
| TOTAL FUNDS | 39,176 | (34,452) | (83,413) | (78,689) |
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At 1.1.22 | in funds | 31.12.23 | |||
| E | |||||
| Unrestricted | funds | ||||
| General | fund | 374,924 | 7,819 | 382,743 | |
| Endowment | funds | ||||
| Endowment | 828,189 | (23,795) | 804,394 | ||
| TOTAL | FUNDS | 1,203,113 | (15,976) | 1,187,137 |
| A current ye above are as |
ar 12 months and pr follows: |
ior year 12 months combi |
ned net movem |
ent in funds, i |
ncluded in t |
|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | ||
| resources | expended | losses | in funds | ||
| E | F | E | E | ||
| Unrestricted | funds | ||||
| General fund |
78,314 | (67,759) | (2,736) | 7,819 | |
| Endowment | funds | ||||
| Endowment | (23,795) | (23,795) | |||
| TOTAL FUNDS | 78,314 | (67,759) | (26,531) | (15,976) |
| 2023 | 2022 | ||
|---|---|---|---|
| F | |||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Donations | 250 | ||
| Investment income |
|||
| Rents received | 19,516 | 19,871 | |
| Income from investments | 18,583 | 18,768 | |
| Deposit account interest | 1,039 | 177 | |
| 39,138 | 38,816 | ||
| Other income | |||
| Contribution from tenants |
110 | ||
| Total incoming resources |
39,138 | 39,176 | |
| EXPENDITURE | |||
| Raising donations and legacies |
|||
| Management fees |
1,799 | 1,639 | |
| Investment management |
costs | ||
| Property repairs |
3,598 | 7,557 | |
| Insurance | 2,220 | 1,007 | |
| Water and gas | 88 | ||
| 5,818 | 8,652 | ||
| Charitable activities |
|||
| Relief given | 18,977 | 18,256 | |
| Support costs | |||
| Information technology |
|||
| Telephone and postage |
448 | 734 | |
| Website maintenance | 595 | 128 | |
| 1,043 | 862 | ||
| Governance costs | |||
| Meeting and general costs |
200 | ||
| Carried forward | 200 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| E | F | ||||
| Governance costs | |||||
| Brought forward | 200 | ||||
| Accountancy and legal |
fees | 1,120 | 990 | ||
| Secretary's salary |
3,350 | 3,063 | |||
| Independent examiner's |
fee | 1,000 | 990 | ||
| 5,670 | 5,043 | ||||
| Total resources expended | 33,307 | 34,452 | |||
| Net income before gains | and losses | 5,831 | 4,724 | ||
| Realised recognised | gains and losses | ||||
| Unrealised gains/losses |
fixed asset | ||||
| investments | 56,882 | (83,413) | |||
| Net income/(expenditure) | 62,713 | (78,689) |