2023-12-31-accounts

		PAGE
Annual Report		I-3
independent Examiners	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Accounts		7-8

Trustees.	Trustees.
The Charity		trustees	who served	during the year are
D J Large			Chairman			Co-optative
Revd M C	Rutter		Terminated	31 August 2023		Ex officio
Mrs JAubrook						Ex officio
P Clark						Ex officio
M D Hardy			Appointed	15May 2023		Co-optative
M SJ Howell						Co-optative
D M Milne						Co-optative
Dr J F Milne						Co-optative
CSPritchard			Appointed	15 May 2023		Co-optative
Principal	Address.			Mr CJ Spruce
				The Clerk to the		Trustees
				12 Perry Avenue
				Streethay
				Lichfield
				Staffs
				WS13 BFW
Registered		Charity	Number:	220030
Principal	Bankers:			Lloyds Bank pic
				The Bridge
				Walsall
independent		Examiner;		Mark Gurney	FCCA, DChA
				of Dains Audit	Ltd
				Chartered Accountants
				StJohns Court
				Wiltell Road
				Lichfieid
				Staffs
				WS149DS
Solicitors:				Ansons Solicitors Ltd
				St Marys Chambers
				Breadmarket	Street
				Lichfield
				Staffs
				WS13 GLQ

YEAR ENDED 31 DECE		MBER 2023
				income	Endowment	Total	Total
			Notes	Fund	Fund	2023	2022
				F	E
income and Endowments		from:
Rental income - Chapel Land		Works		3,500 8,194		3,500 8,194	3,500 8,I?6
income from Usted investments				30,841		30,841	28,583
Deposit interest				3,120		3,120	767
Total income				45,655		45,655	41,026
Expenditure on: St Margaret's Church for Clerk's Salary Independent Examiner's investment Management Legal Fees Surveyors Fees	specific items Fee Fees			18,251 1,500 1,202 3,451 1,1'I6 637		18,251 1,500 1,202 3,451 1,116 637	I7,534 1,500 820 5,852
Tax advice
Bad debt written off						137
Sundry Expenses Total				26,303		9 26,303	26,497
Net gains on investments -	—realised unrealised			5,257 4,017		5,257 4,017	409 (114,409)
Net income/(expenditure)				28,626		28,626	(99,471)
Net movement in funds				28,626		28,626	(99,471)
Reconciliation of Funds:
Total funds brought forward				820,872	93,702	914,574	1,014,045
Total funds carried forviard				849,498	93,702	943,200	914,574

31 DECEM	BER 2023
			Income	Endowment	Total	Total
			Fund	Furid	2023	2022
		Nates		f.
Fixed Assets
Investment	Assets
Investment Property Listed Investments		3 4	763,960	77,000	77,000 763,960	77,000 754,886
			763,960	77,000	840,960	83'l,886
Current Assets
Debtors			2,160		2,160	1,672
Balances at	Bank:
Deposit Current			91,000 -4,963	16,702	91,000 11,739	66,000 17,475
Totai Current Assets			88,197	16,702	104,899	85,14?
Liab IIltias:
Creditors falling due within one year Net Current Assets			2,659 85,538	16,702	2,659 102,240	2,459 82,688
			849,498	93,702	943,200	914,574
The funds Permanent	ofthe charity: endowment			93,702	93,702	93,702
Unrestricted	income funds		849,498		849,498	820,872
Total charity funds			849,498	93,702	943,200	914,574

nvestment	Property
		2023	2022
Chapel Works		Not valued	Not valued
Freehold	Land	77,000	77,000
		77,000	77,000

The portfolio includes the follow	ing material holdings'.
		Market Value	Market Value
		31.12,23	31.12.22
Charities Official Investment fund income units		43,767	39,918
Law Debenture Corp investment trust Alliance Trust ordinary shares		39,249 44,369	45,489 50,623
Scottish Mortgage Investment Merchants Trust 25p ords Murray International Trust 25p North American Income Trust	Trust 25p ords ords	33,249 37,861 43,215 37,888	29,743 49,929 44,689 50,205
J P Morgan Global Growth		44,138