2021-12-31-accounts - All Saints Church Lands

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			Page
Reference and Administrative Details ofthe CharitY, its Trustees		and Advisers
Trustees' Report			2-6
Independent Examiner's	Report		7-8
Statement of Financial	Activities
8alance Sheet			10
Notes to the Financial Statements			11-29

REFERENCE	REFERENCE	AND ADMINISTRATIVE DETAILS	AND ADMINISTRATIVE DETAILS	OF THE CHARITY, ITS TRUSTEES AND	OF THE CHARITY, ITS TRUSTEES AND	OF THE CHARITY, ITS TRUSTEES AND	OF THE CHARITY, ITS TRUSTEES AND	ADVISERS
FOR THE	YEAR ENDED		31 DECEMBER 2021
Trustees			Mr R C Metcalfe, Chairmant
			Mr A R G James (resigned		5 November	2021)z
			Vacancyt
			Mr J N Porterz
			Mr P EWoolfz
			Mrs M A Dymondz
			Mr J Durie (appointed	11 March 2021)z
			Nominated Trustee	by PCC of Christ		Church	with St Ewen,	All Saints and St
			George
			z Co-opted Trustees
Charity registered
number			214713
Principal	office		1 All Saints Court
			Bristol
			BS1 1JN
Clerk to the		Trustees	Mrs A S Maddox
Independent		Examiner	Jon Marchant, Mazars	LLP
			Chartered Accountants
			90Victoria Street
			Bristol
			BS16DP
Bankers			Nat West Bank Pic
			Bristol
			BS997UG
Solicitors			DAC Beachcroft LLP
			Portwall Place
			Portwall Lane
			Bristol
			BS997UD
Investment		Managers	COLA (as managers	for CBFFunds)
			Senator House
			85 Queen Victoria Street
			London
			EC4V 4ET
Property	Adviser		W H R Durie
			Leigh Court Business	Park
			Abbots Leigh
			Bristol
			BSB3RA

			Unrestricted	Endowment	Total	Total
			funds	funds	funds	funds
		Note	2021f	2021f	2021 6	2020 6
Income from:
Donations and legacies			2,507		2,507	2,056
Charitable activities			31,773		31,773	44,394
Investments			91,178		91,178	105,722
Total income			125,458		125,458	152,172
Expenditure on:
Raising funds			16,839		16,839	32,576
Charitable activities			145,786	11,383	157,169	107,575
Total expenditure			162,625	11,383	174,008	140,151
Net (expenditure)/income gains on investments	before net		(37,167)	(11,383)	(48,550)	12,021
Net gains on investments			19,195	87,860	107,055	32,132
Net movement in funds			(17,972)	76,477	58,505	44,153
Reconciliation offunds:
Total funds brought forward			590,610	2,140,343	2,730,953	2,686,800
Net movement in funds			(17,972)	76,477	58,505	44,153
Total funds carried forward			572,638	2,216,820	2,789,458	2,730,953

					2021		2020
			Note		6		6
Fixed assets
Tangible assets			13		453,116		464,123
Investments			15		788,817		700,957
Investment property			14		980,000		980,000
					2,221,933		2,145,080
Current assets
Debtors			16	31,963		28,948
Investments			17	166,411		143,915
Cash at bank and	in hand			443,772		497,381
				642,146		670,244
Creditors: amounts	falling	due within one
year			18	(74,621)		(84,371)
Net current assets					567,525		585,873
Total assets less	current	liabilities			2,789,458		2,730,953
Total net assets					2,789,458		2,730,953
Charity funds
Endowment funds			20		2,216,820		2,140,343
Unrestricted funds			20		572,638		590,610
Total funds					2,789,458		2,730,953

		Unrestricted	Total
		funds	funds
		2020f	2020 F
Donations		500	500
Other incoming	resources	1,556	1,556
		2,056	2,056

		Unrestricted	Total
		funds	funds
		2021f	2021f
All Saints House Contributions		31,773	31,773
		Unrestricted	Total
		funds	funds
		2020	2020
		6
All Saints House Contributions		44,394	44,394
All Saints House Contributions
		2021	2020
		6	F
Maintenance	contributions	29,466	43,868
Contributions	receivable for electricity and telephone	2,307	526
		31,773	44,394

			Unrestricted	Total
			funds	funds
			2021f	2021 E
Rental property		income	69,332	69,332
Dividends	received		18,489	18,489
Deposit and other interest			3,357	3,357
			91,178	91,178
			Unrestricted	Total
			funds	funds
			2020f	2020
Rental property		income	85,702	85,702
Dividends	received		17,862	17,862
Deposit and other interest			2,158	2,158
			105,722	105,722

			2021 f	2020 6
46 High Street			11,500	26,875
56 Corn	Street		13,020	12,500
58 Corn	Street - Lower Floor		13,000	13,000
58 Corn	Street - Upper Floor		23,430	22,363
			60,950	74,738
Insurance	premium	charge to tenants	8,382	10,964
			69,332	85,702

			Unrestricted	Total
			funds	funds
			2021 ' 6	2021f
Rent deposit interest			12	12
Legal and professional	charges		5,745	5,745
Sundry rental property	expenses		2,700	2,700
Properly insurance recharged		to tenants	8,382	8,382
			16,839	16,839
			Unrestricted	Total
			funds	funds
			2020f	2020 E
Rent deposit interest			53	53
Legal and professional	charges		13,085	13,085
Sundry rental property	expenses		8,474	8,474
Property insurance recharged		to tenants	10,964	10,964
			32,576	32,576

		Grants to	Grants to	Total
		Institutions	Individuals	funds
		2021 F	2021	2021f
Diocese of Bristol		8,302		8,302
All Hallows, Easton		6,000		6,000
All Saints & City Churches	Society of Bell Ringers	212		212
All Saints House Residents			915	915
		14,514	915	15,429

				Grants to	Grants to	Total
				Institutions	Individuals	funds
				2020	2020	2020
				6	6	F
All	Hallows,	Easton		6,000		6,000
All	Saints &	City Churches	Society of Bell Ringers	218		218
All	Saints House Residents				317	317
				6,218	317	6,535

					2021f	2020f
Council tax					6,735	2,137
Water and sewerage			rates		5,271	514
Repairs and maintenance					36,802	13,111
Cleaning and caretaking					9,877	4,493
Insurance					2,871	1,502
Gardening
Heating, lighting,	telephone			and television	5,701	8,069
Sundry expenses					2,102	852
National Almshouse		Association			107	105
Legal and Professional			fees		8,957	15,789
Stationery/postage					(119)	518
Travel					113	536
Computer costs
Ex-Gratia payment
Subscriptions					147	197
Leases					6,096	4,098
Wages and salaries					10,925	8,719
Pension cost					1,093	872
Depreciation					12,667	13,787
					109,345	75,299

						2021f	2020f
Independent		Examiner	and	Accountancy	Fees	4,560	4,422
Trustee	Indemnity Insurance					1,192	1,100
Glebe	House	rent					40
Glebe	House	cleaning				4,513	4,018
Glebe	House	repairs				4,926	4,274
Glebe	House	utilities				5,825	3,725
Bank charges						287	302
Glebe	House	professional		fees		2,280	713
Governance		PPS				799	756
Clerk's	salary	costs				7,284	5,813
Clerk's	pension costs					728	581
						32,394	25,744

Staff costs
				2021f	2020 F
Wages and	salaries			18,209	14,531
Contribution	to defined	contribution	pension schemes	1,821	1,453
				20,030	15,984

2021	2020
No.	No.

	Freehold	Fixtures and
	property	fittings	Total
	6		F
Cost or valuation
At 1 January 2021	569,135	48,576	617,711
Additions		1,660	1,660
Disposals		(3,843)	(3,843)
At 31 December 2021	569,135	46,393	615,528
Depreciation
At1 January2021	109,749	43,839	153,588
Charge for the year	11,383	1,284	12,667
On disposals		(3,843)	(3,843)
At 31 December 2021	121,132	41,280	162,412
Net book value
At 31 December 2021	448,003	5,113	453,116
At 31 December 2020	459,386	4,737	464,123

				2021	2020
56	Corn	Street,	Bristol	310,000	310,000
58	Corn	Street,	Bristol	410,000	410,000
46	High	Street,	Bristol	260,000	260,000
				980,000	980,000

Investments	at market value	comprise:	comprise:
				2021	2020
				E	E
Listed investments				788,817	700,957
				788,817	700,957
All the fixed	asset investments	are held	in the UK.

						2021	2020
						E	E
CBF Church of England		Fund 29,479.83 units				690,362	603,962
CBFCapital Wider Deposit			Account			71,920	71,920
M & G Charifund	Units					15,655	13,808
M & G Charibond	Charities		Fixed Interest Common	investment	Fund
Income Shares						10,880	11,267
						788,817	700,957

Debtors
		2021f	2020
Due within one year
Other debtors		12,421	13,923
Prepayments	and accrued income	19,542	15,025
		31,963	28,948

2021	2020
6
166,411	143,915

National	Assoc	iation ofAl	ms	houses	Comm	on Investme	nt Fun	d Shares
									2021	2020f
684.612	(2020:	670.283) for	All	Saints	House	Extraordinary	Repair	Fund	71,681	62,012
904.741	(2020:	885.295)for	All	Saints	House	Cyclical Maintenance		Fund	94,730	81,903
									166,411	143,915

Unrestricted Funds
	2021f	2020f
Value at 1 January	143,915	144,574
Invested	3,300	3,300
Revaluation gain/(loss)	19,196	(3,959)
Value at 31 December	166,411	143,915
Hitrilcost		60,895

		2021f	2020 E
Trade creditors		57,450	56,349
Other taxation and social security			25
Other creditors		12,088	23,576
Accruals and deferred	income	5,083	4,421
		74,621	84,371

Financial	instruments
				2021f	2020f
Financial	assets
Financial	assets measured	at fair value through	income and expenditure	610,183	641,297

						Balance at
	Balance at 1					31
	January 2021f	Income	Expendituref	Transfers in/outf	Gains/ (Losses) f.	December 2021f
Unrestricted
funds
All Saints House
Extraordinary Repair Fund	62,013			1,400	8,269	71,682
All Saints House
Cyclical
Maintenance
Fund	81,904			1,900	10,926	94,730
Glebe House
and All Saints
Church Repair Reserve	135,813	48				135,861
Property
Expenses Reserve	(1,833)	12	(18,623)	6,933		(13,511)
General Fund	312,713	125,398	(144,002)	(10,233)		283,876
	590,610	125,458	(162,625)		19,195	572,638

The Property Expenses Reserve is in year of legal and other fees in relation	The Property Expenses Reserve is in year of legal and other fees in relation	deficit at the year end. This is due to significant unusual to the eviction of the tenant as discussed in the Trustees'	deficit at the year end. This is due to significant unusual to the eviction of the tenant as discussed in the Trustees'	deficit at the year end. This is due to significant unusual to the eviction of the tenant as discussed in the Trustees'	costs in the Report.
Endowment
funds
Charities Capital Fund	1,680,957			87 860	1 768 817
Almshouse
Capital Fund	459,386		(11,383)		448,003
	2,140,343		(11,383)	87,860	2,216,820
Total offunds	2,730,953	125,458	(174,008)	107,055	2,789,458

Statement offunds	(continued)
Statement offunds	-prior year
						Balance at
	Balance at					31
	1 January			Transfers	Gains/	December
	2020 E	Income f	Expenditure 6	in/outf	(Losses) E	2020
Unrestricted
funds
All Saints House
Extraordinary
Repair Fund	62,324			1,400	(1,711)	62,013
All Saints House
Cyclical
Maintenance
Fund	82,251			1,900	(2,247)	81,904
Glebe House
and All Saints
Church Repair
Reserve	135,047	766				135,813
Property
Expenses
Reserve	11,110	53	(21,612)	8,616		(1,833)
General Fund	280,432	151,353	(107,156)	(11,916)		312,713
	571,164	152,172	(128,768)		(3,958)	590,610
Endowment
funds
Charities Capital
Fund	1,644,867				36,090	1,680,957
Almshouse
Capital Fund	470,769		(11,383)			459,386
	2,115,636		(11,383)		36,090	2,140,343
Total offunds	2,686,800	152,172	(140,151)		32,132	2,730,953

Summary	of	funds - current year
							Balance at
		Balance at 1					31
		January 2021 F	Income F	Expenditure f	Transfers In/out F	Gains/ (Losses) F	December 2021
General funds		590,610	125,458	(162,625)		19,195	572,638
Endowment
funds		2,140,343		(11,383)		87,860	2,216,820
		2,730,953	125,458	(174,008)		107,055	2,789,458
Summary	of	funds - prior year
							Balance at
		Balance at					31
		1 January 2020	Income F	Expenditure	Transfers In/outf	Gains/ (Losses)f	December 2020 6
General funds		571,164	152,172	(128,768)		(3,958)	590,610
Endowment
funds		2,115,636		(11,383)		36,090	2,140,343
		2,686,800	152,172	(140,151)		32,132	2,730,953

Analysis		ofnet assets between funds - cur	rent year
			Unrestricted	Endowment	Total
			funds	funds	funds
			2021 f	2021 6	2021 6
Tangible	fixed assets		5,113	448,003	453,116
Fixed asset investments				788,817	788,817
Investment		property		980,000	980,000
Current	assets		642,146		642,146
Creditors		due within one year	(74,621)		(74,621)
Total			572,638	2,216,820	2,789,458

	Unrestricted	Endowment	Total
	funds	funds	funds
	2020	2020	2020
			E
Tangible fixed assets	4,737	459,386	464,123
Fixed asset investments		700,957	700,957
Investment property		980,000	980,000
Current assets	670,245		670,245
Creditors due within one year	(84,371)		(84,371)
Total	590,611	2,140,343	2,730,954

cancellable	o	perating leases as follows:
			2021	2020f
Equipment
Not later than		1 year	6,048	6,048
Later than	1 year and not later than 5years		14,256	20,304
			20,304	26,352