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2023-12-31-accounts
|
Page |
| Trustees’Report |
1-2 |
| Independent Examiners’ Report |
3 |
| Statement of Financial Activities |
4 |
| Balance Sheet |
5-6 |
| Notes to the Accounts |
7-8 |
|
|
Unrestricted Funds |
Unrestricted Funds |
|
|
|
|
|
|
Property |
|
Total |
Total |
|
|
General |
Repair |
Endowment |
Funds |
Funds |
|
Note |
Fund |
Fund |
Fund |
2023 |
2022 |
|
|
£ |
£ |
£ |
£ |
£ |
| Income and endowments from: |
|
|
|
|
|
|
| Charitable Activities |
3 |
9,256 |
- |
- |
9,256 |
10,147 |
| Investments |
|
18,067 |
- |
- |
18,067 |
16,110 |
| Total |
|
27,323 |
- |
- |
27,323 |
26,257 |
| Expenditure on: |
|
|
|
|
|
|
| Cost of activities to further |
|
|
|
|
|
|
| the charities objectives |
|
|
|
|
|
|
| Charitable activities |
4 |
9,692 |
6,252 |
- |
15,944 |
7,272 |
| Total |
|
9,692 |
6,252 |
- |
15,944 |
7,272 |
| Net income (expenditure) |
|
17,631 |
(6,252) |
- |
11,379 |
18,985 |
| Change in resources - being |
|
|
|
|
|
|
| surplus to be shared with |
|
|
|
|
|
|
| Ecclesiastical Charity |
|
|
|
|
|
|
| (Clause 4) |
|
|
|
|
|
|
| Ecclesiastical Charity (l/3rd) |
|
5,877 |
- |
- |
5,877 |
6,523 |
| Parish Church Expenditure |
|
|
|
|
|
|
| (Clause 28) |
5 |
2,341 |
- |
- |
2,341 |
2,768 |
| Net incoming resources |
|
|
|
|
|
|
| before other gains and losses |
|
9,413 |
(6,252) |
- |
3,161 |
9,694 |
| Transfer of funds |
|
(10,000) |
10,000 |
- |
- |
- |
| Gain/(losses) on investment |
|
|
|
|
|
|
| assets |
|
- |
- |
47,204 |
47,204 |
(66,463) |
| Net movement in funds |
|
(587) |
3,748 |
47,204 |
50,365 |
(56,769) |
| Total funds brought forward |
|
127,836 |
29,146 |
583,235 |
740,217 |
796,986 |
| Total funds carried forward |
|
127,249 |
32,894 |
630,439 |
790,582 |
740,217 |
| As at 31 December 2023 |
|
|
|
|
Note |
2023 |
2022 |
|
|
£ |
£ |
| Fixed Assets |
|
|
|
| Freehold property |
|
78,000 |
78,000 |
| Investments |
2 |
552,439 |
505,235 |
|
|
630,439 |
583,235 |
| Current Assets |
|
|
|
| Bank - current |
|
45,381 |
42,731 |
| Bank - deposit |
|
13,841 |
13,710 |
| Ipswich Building society account |
|
86,963 |
86,555 |
| Teachers Building Society account |
|
20,000 |
20,000 |
| Debtors and prepayments |
|
423 |
1,085 |
|
|
166,608 |
164,081 |
| Current Liabilities |
|
|
|
| Ecclesiastical charity |
|
5,877 |
6,523 |
| Sundry creditors |
|
588 |
576 |
|
|
6,465 |
7,099 |
| Net Current Assets |
|
160,143 |
156,982 |
| Net Assets |
|
790,582 |
740,217 |
| As at 31 December 2023 |
|
|
|
2023 |
2022 |
|
£ |
£ |
| Funds of the Charity |
|
|
| Unrestricted Funds |
|
|
| General Fund |
127,249 |
127,836 |
| Property Repair Fund |
32,894 |
29,146 |
| Endowment Fund |
630,439 |
583,235 |
|
790,582 |
740,217 |
| 2. Investments |
|
|
|
|
|
2023 |
|
2022 |
|
|
|
£ |
|
£ |
| Market value at 1 January 2023 |
|
505,235 |
|
571,698 |
| Movement in valuation |
|
47,204 |
|
(66,463) |
| Market value at 31 December 2023 |
|
552,439 |
|
505,235 |
| 3. Income from charitable |
|
Property |
|
Property |
| activities |
General |
repair |
General |
repair |
|
fund |
fund |
fund |
fund |
|
£ |
£ |
£ |
£ |
| Rent |
9,256 |
- |
10,147 |
- |
|
9,256 |
- |
10,147 |
- |
| 4. Charitable activities |
|
|
|
|
| Insurance |
4,555 |
- |
2,419 |
- |
| Repairs and decoration |
1,373 |
6,252 |
380 |
585 |
| Electricity |
- |
- |
138 |
- |
| Pest control |
411 |
- |
399 |
- |
| Clerks fees |
2,750 |
- |
2,750 |
- |
| Postage and copying |
15 |
- |
25 |
- |
| Accountancy fees |
588 |
- |
576 |
- |
|
9,692 |
6,252 |
6,687 |
585 |
| 5. Parish Church Expenditure |
|
|
|
|
| Electricity |
66 |
- |
284 |
- |
| Clock |
- |
- |
400 |
- |
| Insurance |
2,275 |
- |
2,084 |
- |
|
2,341 |
- |
2,768 |
- |