| INDEX | |||
|---|---|---|---|
| Page I-5 | Report of the Trustees | ||
| Report ofthe Independent | Examiner | ||
| Balance Sheet | |||
| Statement of Financial | Actlvlties | ||
| 9-11 | Notes to the Accounts |
| Charity Number. | Charity Number. | Charity Number. | 212164 |
|---|---|---|---|
| Prlndpel | Office. | 22 Ebenezer Close | |
| Wit ham |
|||
| Essex | |||
| CM6 2HX | |||
| Independent | Examiner: | D.M. Belbin BScBFPFCA DChA | |
| Clemence Hoar Cummings |
|||
| Riverside House | |||
| 1-5Corno Street | |||
| Romford | |||
| Essex, RMT 7DN | |||
| Bankers: | CAF Bank Ltd | ||
| 25 Kings Hill Avenue |
|||
| Kings Hgl | |||
| West Meging | |||
| Kent MEI94JQ | |||
| Investment | Managers: | Cheviot Quilter Ltd | |
| One Klngsway | |||
| London | |||
| WC2B 6AN | |||
| Ad mini stra | lou | Cogn South | |
| TRUSTEES |
| HE YEAR E | ED 31STD | EMBER | EMBER | 2 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Note | 31.12.21 | 31,12.20 | |||||||
| FIXEDASSETS | |||||||||
| Investments | 3,265,511 | 2,947,179 | |||||||
| CURRENTASSETS | |||||||||
| Cash at bank | 43,940 | 20,903 | |||||||
| Cash on account with agents and advisers | 11,756 | 11,770 | |||||||
| CREDITORS: Amounts within one year |
falling due | 5 | 55,696 ~2,599 |
32,673 ~4,768) |
|||||
| NET CURRENT ASSETS | 53,097 | 27,905 | |||||||
| TOTAL NETASSETS | 6 | 3,318,608 | 6 | 2,975,084 | |||||
| FUNDS | |||||||||
| Unrestncted funds |
|||||||||
| Designated Funds |
|||||||||
| Revaluation Funds |
1,285,650 | 946,403 | |||||||
| General Fund |
2,042,958 | 2,028,681 | |||||||
| 3,328,608 | 2,975,084 | ||||||||
| Restricted Funds |
(10,000) | ||||||||
| 6 | 3,318608 | 6 | 2,975,084 |
| 31.12.21 | 31.12.20 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| General | Restricted | Total | Total | ||||||||
| Funds | Funds | Funds | Funds | ||||||||
| Note | 6 | 6 | 6 | 6 | |||||||
| INCOME AND ENDOWMENTS | FROM: | ||||||||||
| DonaUons end Legacies |
32,885 | 32,885 | |||||||||
| Investment | Income | 86,546 | 86,546 | 87,536 | |||||||
| Charitable AcUwbes |
|||||||||||
| Total Income | 119,431 | 119,431 | 87,536 | ||||||||
| EXPENDITURE ON: | |||||||||||
| Raising Funds | 12,030 | 12,030 | 7,140 | ||||||||
| Charitable Activities |
113,638 | 10,000 | 123,638 | 115,109 | |||||||
| Total Expenditure | 125,668 | 10000 | 135,668 | 122,249 | |||||||
| Net Income /(Expenditure) | Before Gains | and Losses on | |||||||||
| Investments | (6,237) | (10,000) | (16,237) | (34,713) | |||||||
| ReaUsed Gain / |
(Loss) on Disposal of Investmenls | 20,514 | 20,514 | (10,697) | |||||||
| Unreelised Ga/n |
/ (Loss) on | Holding of Investments | 339,247 | 339,247 | (23,571) | ||||||
| NET INCOME FOR | THE YEAR | 353,524 | ~10,000 | 343,524 | ~68,981 | ||||||
| Transfer from General Fund |
to Restricted | Fund | |||||||||
| NET MOVEMENT IN FUNDS |
353,524 | (10,000) | 343,524 | (68,981) | |||||||
| RECONCILIATION | OF FUNDS | ||||||||||
| Total Funds Brought | Forward | at | 1stJanuary | 2021 | 2,975,084 | 2,975,084 | 3,044,085 | ||||
| Total Funds Carried | Forward | at 31st December 2021 | f | 3,328,608 | f~10,000 f | 3,318,808 | f | 2,975,084 |
| 31.12.21 | 31.12.20 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2. | EXPENDITURE | ||||||||
| Expenditure incurred |
on Raising Funds - | Investment | |||||||
| Management Fees |
12,030 | 7,140 | |||||||
| North East Thames | Area Quaker Meeting | Religious and | |||||||
| other Charitable | Purposes | 30,000 | 3D,ODO | ||||||
| Advancement of |
EducaUon | including | Elizabeth | Hearn | |||||
| Legacy payments | 19,964 | 14,830 | |||||||
| Relief of Hardship | 61,719 | 58,639 | |||||||
| Support Costs | |||||||||
| Independent | ExamineOon | 2,577 | 2,504 | ||||||
| Oflice Expenses | 9,376 | 9,135 | |||||||
| 135,668 | 119,825 |
| INVESTMENTS | INVESTMENTS | 31.12.21 | 31.12.21 | 31.12.20 | ||
|---|---|---|---|---|---|---|
| Market | Market | |||||
| Usted Investments | Cost | Value | Cost | Value | ||
| F. | 5 | 5 | ||||
| Balances | at '1st January | 2021 | 1,363,249 | 1,889,521 | 1,332,075 | 1,887,562 |
| Acquisitions | 195,648 | 195,646 | 201,726 | 201,726 | ||
| Disposals Unreegsed Movement |
In Year Gain / (Loss) in Year In cash deposits |
(140,658) (38,005) |
(178,559) 210,130 (38,005) |
(194,795) 24,242 |
(241,380) 17,370 24,242 |
|
| Balances | at 31stDecember 2021 | 1 380234 | 2,078735 | 1,363249 | 1 889,521 | |
| Property | Investmsnt Funds |
|||||
| Balances | at 1stJanuary | 2021 | 785,000 | 1,057,658 | 785,000 | 1,098,600 |
| Acquisitions | ||||||
| Unreagsed | (Loss) /Gain | In Year | 129,117 | (40,941) | ||
| Balances | et31stDecember 2021 | 785 000 | 1,186,775 | 785,000 | 1 057,658 | |
| Total Investments at 31stDecember 2021 |