| Objectives and | Activ | iti | es | ||
|---|---|---|---|---|---|
| SORP reference | |||||
| Summary ofthe purposes |
of | Para 1.17 | To provide income from | net profit for | |
| the charity as set out | in its | the benefit ofthe church | and the local | ||
| overnin document |
residents | ||||
| Summary ofthe main activities in relation to those |
Para 1.17and 1.19 |
8/11ths given to Ullenhall | PCC | ||
| purposes for the public |
|||||
| benefit, in particular, |
the | 3/11ths given to Ullenhall | Parish Council | ||
| activities, projects or | |||||
| services identified in |
the | ||||
| accounts. | |||||
| Statement confirming |
Para 1.18 | ||||
| whether the trustees |
have | ||||
| had regard to the guidance | |||||
| issued by the Charity |
|||||
| Commission on public |
|||||
| benefit |
| Para 1.38 | ||||
|---|---|---|---|---|
| Policy on | grant making | |||
| Para 1.38 | ||||
| Policy on | social investment | |||
| including | program | related | ||
| investment | ||||
| Para 1.38 | ||||
| Contribution | made | by | ||
| volunteers | ||||
| Other |
| ~ | ~ | |||||
|---|---|---|---|---|---|---|
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| I | ~ | I | I |
Ths rAge is IntentiCaNY left bknk
| Page | |||
|---|---|---|---|
| Accountant's Report |
|||
| Balance Sheet | |||
| Income and Expenditure | Account | ||
| Schedule of Fixed Assets | |||
| Schedule of Investments | |||
| Statement of Financial |
Activities |
| AS AT 31 DECE | MBER 2 | 020 | ||
|---|---|---|---|---|
| 2020 | 2019 | |||
| E | ||||
| FIXEDASSETS | ||||
| Freehold Property |
1,060,000 | 576,370 | ||
| Investments | 320,270 | 423,003 | ||
| 1,380,270 | 999,373 | |||
| CURRENT ASSETS | ||||
| Debtors and Prepayrnents | 950 | 5,077 | ||
| Bank Current Account | 31,919 | 189,357 | ||
| No-Notice Deposit Account | 861 | 20,844 | ||
| High Interest Deposit | Account | 2 | 2 | |
| 33,732 | 215,280 | |||
| CURRENT LIABILITIES | ||||
| Creditors and Accruals |
(8,999) | (1,684) | ||
| 24,733 | 213,596 | |||
| NET ASSETS | 1,405,003 | 1,212,969 | ||
| FINANCED BY | ||||
| UNRESTRICTED FUNDS | ||||
| Capital Reserve | 75,637 | 75,637 | ||
| Contingency Reserve |
500 | 500 | ||
| Revaluation Reserve |
1,328,866 | 919,122 | ||
| Extraordinary Repair Fund |
217,710 | |||
| Accumulated Surplus |
(Available | for Distribution) | ||
| 1,405,003 | 1,212,969 |
| 2020 | 2019 | |||||||
|---|---|---|---|---|---|---|---|---|
| Income | ||||||||
| Investment Income |
20,991 | 14,772 | ||||||
| Bank Interest | 18 | 42 | ||||||
| Property Rents | 21,814 | 20,127 | ||||||
| Wayleaves | 19 | 19 | ||||||
| Profit on Disposal of Investments | 9,509 | 68,198 | ||||||
| 52,351 | 103,158 | |||||||
| Expenditure | ||||||||
| Administration Charges |
550 | 550 | ||||||
| Property Maintenance | 260 | 678 | ||||||
| Property Insurance |
1,323 | 1,125 | ||||||
| Sundry Expenses | 93 | 121 | ||||||
| Accountancy Charges |
840 | 840 | ||||||
| Legal and Professional | ||||||||
| Tenant Relocation Costs | 9,130 | 5,722 | ||||||
| 12,196 | 9,036 | |||||||
| 40,155 | 94,122 | |||||||
| Transfer (to)/from | Extraordinary | Repair Fund | ||||||
| Income x 17.5% | (7,027) | (16,471) | ||||||
| Extraordinary Transfer |
(33,128) | (77,651) | ||||||
| Charitable Donations |
(22,226) | |||||||
| Net Surplus/(Deficit) | (22,226) |
| Value as | at 1 January 2020 | 576,370 | |
|---|---|---|---|
| Property | Improvement Expenditure |
in Year | 246,564 |
| Transfer | from Extraordinary Repair |
Fund | (257,864) |
| Transfer | to Revaluation Reserve |
494,930 | |
| Value as | at 31 December 2020 | 1,060,000 |
| Market Value at | Market Value at | ||
|---|---|---|---|
| Cost | 31.12.20 | 31.12.19 | |
| FRANCIS BRITTAIN CHARITY | |||
| CCLA Investment Management Limited |
|||
| Charities Official Investment Fund |
|||
| 54 Income Shares | 54 | 973 | 912 |
| ST MARK'S CHARITY | |||
| Charities Investment Managers Limited |
|||
| The Equities Investment Fund for Charities |
|||
| commonly known as "Charifund" |
|||
| 2,909 Income Units | 6,674 | 35,016 | 48,309 |
| Invesco Fund Managers Limited |
|||
| Invesco Perpetual UK Strategic Income Fund |
|||
| 246545.18Income Units | 17,500 | 217,979 | 285,425 |
| CCLA Investment Management Limited |
|||
| Charities Official Investment Fund |
|||
| 3,664.64 Income Shares | 4,106 | 66,005 | 61,898 |
| M 8 G Securities Limited |
|||
| Charibond Charities Fixed Interest |
|||
| Common Investment Fund |
|||
| 237 Income Shares | 250 | 297 | 294 |
| BlackRock Fund Managers | |||
| Charinco Common Investment Fund |
|||
| 13,692.18Income Shares | 26,165 | ||
| 28,584 | 320,270 | 423,003 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| INCOMING RESOURCES | ||||||
| Investment Income |
||||||
| Charities Official Investment |
Fund | |||||
| Francis Brittain | Charity | 28 | 27 | |||
| St Marks Charity | 1,900 | 1,862 | ||||
| Invesco Exempt Trust | 14,597 | 10,462 | ||||
| Charibond Income |
1,956 | 2,421 | ||||
| Blackrock Charinco | 2,510 | |||||
| 20,991 | 14,772 | |||||
| Profit on Investment Disposals |
9,509 | 68,198 | ||||
| Bank Interest | ||||||
| No-Notice Deposit Account |
18 | 42 | ||||
| 30,518 | 83,012 | |||||
| Trading Activities | ||||||
| Property Rents |
21,814 | 20,127 | ||||
| Wayleaves | 19 | 19 | ||||
| 21,833 | 20,146 | |||||
| 52,351 | 103,158 | |||||
| RESOURCES EXPENDED | ||||||
| Direct Charitable Expenditure |
||||||
| Property Maintenance |
260 | 678 | ||||
| Property Insurance |
1,323 | 1,125 | ||||
| Tenant Relocation Costs | 9,130 | 5,722 | ||||
| Charitable Distributions |
||||||
| Ullenhall Parish |
Council | 6,062 | ||||
| Parochial Church |
Council | 16,164 | ||||
| 10,713 | 29,751 | |||||
| 41,638 | 73,407 | |||||
| Management and Administration |
||||||
| Administration Charges |
550 | 550 | ||||
| Sundry Expenses | 93 | 121 | ||||
| Accountancy Charges |
840 | 840 | ||||
| 1,483 | 1,511 | |||||
| 40,155 | 71,896 | |||||
| Transfer to Extraordinary | Repair Fund | (40,155) | (94,122) | |||
| Net Surplus/(Deficit) | (22,226) | |||||
| Fund Balances Brought Forward | 1,212,969 | 1,164,872 | ||||
| Adjustments to Reserves |
192,034 | 70,323 | ||||
| Fund Balances Carried Forward |
1,405,003 | 1,212,969 |
IER Oct 2018