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