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|Trustees|||Mr DA Barrat|||
|---|---|---|---|---|---|
||||Dr T D Roderick|||
||||Wg Cmdr PJ Hereford OBE|||
||||Dr BJ Roderick|||
||||Mrs E Hillman|||
||||Mr P R Harris|||
||||Mr D Owen|||
||||Mrs
I Howlett|||
||||Mrs E Sandison|||
||||Mrs N O'Byrne|||
||||Mrs G Sample|(Appointed|26 September|
|||||2020)||
|Charity|number||215663|||
|Principal|address||5 College Cloisters|||
||||Hereford|||
||||Herefordshire|||
||||HR1 2NG|||
|Independent||examiner|Hawkins
Priday|Ltd||
||||5 Bridge Street|||
||||Hereford|||
||||HR4 9DF|||
|Bankers|||Central Board of Finance ofthe Church of England|||
||||Senator House|||
||||85 Queen Victoria Street|||
||||London|||
||||EC4V4ET|||
||||Barclays Bank Pic|||
||||1/3 Broad Street|||
||||Hereford|||
||||HR4 9BH|||
||||United Trust Bank|||
||||80 Haymarket|||
||||London|||
||||SW1Y 4TE|||
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|||||Page|
|---|---|---|---|---|
|Trustees'|report||||
|Independent
examiner's
report|||||
|Statement|offinancial|activities|||
|Statement|offinancial|position|||
|Notes to|the financial|statements||10 - 17|
|Detailed|statement
of|financial|activities|18|
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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2020|2019|
||||Notes|||
|Iltggifmf fgm.||||||
|Donations
and legacies|||2|18,127|20,473|
|Subscriptions|||3|7,716|7,877|
|Investments|||4|14629|14115|
|Publicity
and events||||3,805|12,882|
|Total income||||44,277|55,347|
|EzuftafllturiIJ20.||||||
|Publicity
and events||||160|3,007|
|Charitable
activities||||41,877|46,216|
|Other expenditure|||10|301|321|
|Total resources|expended|||42,338|49,544|
|Net gains/(losses)||on investments|11|26,846|63,310|
|Net movement|In|funds||28,785|69,113|
|Fund balances at 1 January 2020||||492,565|423,452|
|Fund balances|at|31 December 2020||521,350|492,565|
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||||||2020||2019||
|---|---|---|---|---|---|---|---|---|
|||||Notes|||6||
|Fixed assets|||||||||
|Investments||||12||489,003||461,179|
|Current assets|||||||||
|Trade and other receivables||||13|6,531||5,531||
|Cash at bank|and|in hand|||51,494||46,651||
||||||58,025||52,182||
|Current
liabilities||||14|(25,678)||(20,796)||
|Net current assets||||||32,347||31,386|
|Total assets|less|current|liabilities|||521,350||492,565|
|Income funds|||||||||
|Unrestricted|funds|||||521,350||492,565|
|||||||521,350||492,565|
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||Unrestricted|Unrestricted|
|---|---|---|
||funds|funds|
||2020|2019|
||8|5|
|Donations
and gifts|14,067|1,567|
|Legacies receivable|4,060|18,906|
||18,127|20,473|
|Legacies receivable|||
|Ms D E M Bennett|3,060|2,734|
|Ms P M Holman||1,172|
|Mrs B Kidd & Mr W Kidd||5,000|
|Mr D Plowman||10,000|
|Ms J C Balding|1,000||
||4,060|18,906|
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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2020|2019f|
|Membership|subscriptions|7,716|7,877|
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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2020|2019|
||||5|
|Income|from listed investments|13,550|13,618|
|Interest|receivable|1,079|497|
|||14,629|14,115|
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2020f|2019
f|
|Fundraisin|and|ublici|||
|Staging fundraising||events|160|3,007|
||||160|3,007|
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||||2020|2019|
|---|---|---|---|---|
||||S|6|
|Annualreport|||1,408|1,344|
|Grant funding|of activities (see note 7)||36,413|40,982|
|Share ofsupport costs (see note 8)|||1,254|1,207|
|Share ofgovernance||costs (see note 8)|2,802|2,683|
||||41,877|46,216|
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||||2020|2019|
|---|---|---|---|---|
||||f|f|
|Grants to Dean and|Chapter of Hereford|Cathedral:|||
|- Choral grant|||15,000|12,000|
|-Gardens|||163|977|
|- Denton Monograph|booklet||250||
|-Camera|||1,000||
|- Cathedral
Appeal|||20,000||
|- Signage project||||8,000|
|-StThomas booklet||||750|
|-Chapter
Room kitchen||||779|
|- Friends Office||||1,929|
|- Organ
Loft CCTV||||9,447|
|-St Ethelbert House|refurbishment|||7,000|
|Donations
to Churches||||100|
||||36,413|40,982|
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|Support||co|sts||||||
|---|---|---|---|---|---|---|---|---|
||||||Support|Governance|2020|2019|
||||||costs|costs|||
|Printing|and||stationery||474||474|618|
|Postage|||||780||780|589|
|Accountancy|||8 Independent|Examiner's fees||1,548|1,548|1,476|
|Printing|and||stationery|||474|474|618|
|Postage||||||780|780|589|
||||||1,254|2,802|4,056|3,890|
|Analysed||between|||||||
|Charitable||activities|||1,254|2,802|4,056|3,890|
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|expenses
incurred
on beha|lf ofthe Charity:|||
|---|---|---|---|
||Nature of|expenses||
|Mrs(Howlett|Postage||31|
|Dr T D Roderick|Postage||25|
|Mrs E M Hillman|Stationary|&Postage|645|
||||701|
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||Unrestricted|Total|
|---|---|---|
||funds||
||2020|2019|
|Financing costs|206|321|
|Other expenditure|95||
||301|321|
||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2020|2019|
||||6||
||Revaluation|of investments|26,846|63,310|
|12|Fixed asset|investments|||
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|||||
|---|---|---|---|
|Fixed asset investments|||(Continued)|
||Listed|Cash or cash|Total|
||investments|equivalents||
||6|||
|Cost or valuation||||
|At 1 January 2020|411,179|50,000|461,179|
|Valuation
changes|26,846|978|27,824|
|At 31 December 2020|438,025|50,978|489,003|
|Carrying
amount||||
|At 31 December 2020|438,025|50,978|489,003|
|At 31 December 2019|411,179|50,000|461,179|
|||2020
6|2019f|
|Investments
at fair value comprise:||||
|Investment
Fund||169,566|158,613|
|Property
Fund||40,110|42,207|
|UK Equity Fund||98,588|101,336|
|Global Equity Fund||129,761|109,023|
|||438,025|411,179|
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|Trade and other receivables|||
|---|---|---|
||2020|2019|
|Amounts
falling due within one year:|6|F|
|Other receivables|1,286|286|
|Prepayments
- Trips|5,245|5,245|
||6,531|5,531|
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|||||2020|2019|
|---|---|---|---|---|---|
||||Notes|5||
|Deferred|income||15|24,130|19,320|
|Other payables||||1,548|1,476|
|||||25,678|20,796|
|Deferred|income|||||
|||||2020|2019f|
|Deferred|income:|I ife membership||6,742|7,707|
|Deferred|income:|Trips||17,388|11,613|
|||||24,130|19,320|
|Deferred|in|come is included
in the financ|ial statements
as foll|ows:||||
|---|---|---|---|---|---|---|---|
|||||Released to||||
||||At 1 Jan|incoming|Deferred
in||At 31 Dec|
|Deferred|income||2020|resources
6|the
6|year|2020
f|
|Life membership|||7,707|(1,715)||750|6,742|
|Fundraising||events and trips|11613|~378|~61 3||17388|
||||19320|L22093|6|903|24 130|
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||2020f|2019|
|---|---|---|
|INCOME AND ENDOWMENTS|||
|Donations
and legacies|||
|Donations|14,067|1,567|
|Legacies|4,060|18,906|
|Charitable
activities|||
|Subscriptions|7,716|7,877|
|Publicity
and events|3,805|12,882|
|Investment
income|||
|Dividend
income|13,550|13,618|
|Deposit account interest|1,079|497|
|Total incoming
resources|44,277|55,347|
|EXPENDITURE|||
|Charitable
activities|||
|Events|160|3,007|
|Printing,
stationery
& postage|1,254|1,207|
|Annualreport|1,408|1,344|
|Grants payable
8 donations|36,413|40,982|
|Governance|||
|Accountancy|1,548|1,476|
|Printing,
stationery
8 postage|1,254|1,207|
|Other expenditure|301|321|
|Total resources expended|42,338|49,544|
|Net gains/(losses)
on investments|26,846|63,310|
|Net income/(expenditure)|28,785|69,113|