2020-12-31-accounts

BANKERS	LloydsBankPic
	21StationAvenue
	Caterham
	Surrey
	CR36YT
	BarclaysBankPic
	80HighStreet
	Sevenoaks
	Kent
	TN131LR
INDEPENDENT	RSMUKTax&AccountingLimited
EXAMINER	CharteredAccountants
	Portland
	25HighStreet
	Crawley
	WestSussex
	RH101BG
SOLICITORS	WinckworthSherwood
	16Beaumont Street
	Oxford
	OX1 2LZ
INVESTMENT	QuilterCheviotLimited
MANAGERS	OneKingsway
	London
	WC2B6AN

	Notes	Unrestricted	Restricted
		funds	funds	2020	2019
		£	£	£	£
INCOMEfrom
Donations		420		420	390
Legacies					3,966
Incomefrominvestments:
Dividends		85,127	531	85,658	105,836
Interest		135	2	137	70
TOTALINCOME		85,682	533	86,215	110,262
EXPENDITUREon
Raisingfunds:
Investmentmanagement fees		24,827	155	24,982	24,718
Charitableactivities	2	107,411		107,411	97,029
TOTALEXPENDITURE		132,238	155	132,393	121,747
NET(EXPENDITURE)/INCOME		(46,556)	378	(46,178)	(11,485)
Netgainsoninvestments	4	330,949	1,825	332,774	737,740
NETMOVEMENTINFUNDS		284,393	2,203	286,596	726,255
RECONCILIATIONOFFUNDS
TOTALFUNDSBROUGHT
FORWARD		4,785,809	35,161	4,820,970	4,094,715
TOTALFUNDSCARRIED	9
FORWARD		5,070,202	37,364	5,107,566	4,820,970

	Notes	2020	2019
		£	£
FIXEDASSETS
Investments	4	4,947,710	4,635,817
CURRENTASSETS
Debtors	5	73,158	72,100
Cash atbankandinhand	6	97,307	123,370
		170,465	195,470
CREDITORS:amountsfallingdue withinoneyear	7	(10,609)	(10,317)
Netcurrentassets		159,856	185,153
TOTALNETASSETS		5,107,566	4,820,970
FUNDS
Restricted
CanonClarkeMemorialFund	8-9	37,364	35,161
Unrestricted	8-9	5,070,202	4,785,809
TOTALFUNDS		5,107,566	4,820,970
ApprovedbytheTrusteesonls Ma 22(	andsignedon	theirbehalfby:
KaoM.Hap«- TheRevdCanonDrRMHarper	{o4-tu..ere we TheVenerableLTIrvine-Capel

2	EXPENDITUREONCHARITABLEACTIVITIES	Unrestricted	Unrestricted
		2020	2019
		£	£
	GRANTS
	Grantsto2candidates(2019:O)	1,605
	Blockandspecialgrantstoinstitutions
	-PuseyHouse	30,000	50,000
	-StStephensHouse	60,000	30,000
	-ACSVocationsInitiative		1,500
		91,605	81,500
	ADMINISTRATIVECOSTS
	Stipendsand officeexpenses	11,183	11,016
	Meetingexpenses	483	481
	Accountancyfees	2,520	2,400
	Independentexaminer'sfees	1,620	1,620
	Telephone,postageandsundries		12
		15,806	15,529
	TOTALEXPENDITUREONCHARITABLEACTIVIES	107,411	97,029

	2020	2019
	£	£
TheVenerableLTIrvine-Caple(GeneralSecretary)	5,591	5,508
	5,591	5,508

4	INVESTMENTS	Unrestricted	Restricted	Total	Total
		Funds	Funds	2020	2019
		£	£	£	£
	1January	4,495,574	27,421	4,522,995	3,895,415
	Additions	433,793		433,793	285,961
	Equalisation	(532)		(532)
	Disposalproceeds	(406,258)		(406,258)	(396,121)
	Netrealisedand unrealised gainsin
	year	330,949	1,825	332,774	737,740
		4,853,526	29,246	4,882,772	4,522,995
	Cash deposits	64,938		64,938	112,822
	Marketvalueat31December	4,918,464	29,246	4,947,71O	4,635,817
	Historicalcostat31December	2,567,732	15,359	2,583,091	2,583,091
	Theinvestmentsaresplitasfollows:
	Equities-UK			2,058,951	2,061,661
	Equities-Overseas			2,366,910	1,915,121
	Fixedinterestsecurities-UK			456,911	546,213
	Cash deposits			64,938	112,822
				4,947,710	4,635,817
5	DEBTORS			2020	2019
				£	£
	Duewithinoneyear:
	Otherdebtors			5,967	4,909
	Dueinmorethanoneyear:
	Loanreceivable(secured)			67,191	67,191
				73,158	72,100

6	CASHATBANKANDINHAND	CASHATBANKANDINHAND	CASHATBANKANDINHAND				2020	2019
							£	£
	UnrestrictedFunds						89,189	115,630
	RestrictedFund:
	CanonClarkeMemorialFund						8,118	7,740
							97,307	123,370
7	CREDITORS:amountsfallingduewithin			oneyear			2020	2019
							£	£
	Accruals						10,609	10,317
8	ANALYSISOFNETASSETSBETWEEN				Unrestricted		Restricted
	FUNDS				Funds		Funds	Total
						£	£	£
	Investments				4,918,464		29,246	4,947,71O
	Netcurrentassets				151,738		8,118	159,856
					5,070,202		37,364	5,107,566
	ANALYSISOFNETASSETSBETWEEN				Unrestricted		Restricted
	FUNDS--PREVIOUSYEAR				Funds		Funds	Total
						£	£	£
	Investments				4,608,396		27,421	4,635,817
	Netcurrentassets				177,413		7,740	185,153
					4,785,809		35,161	4,820,970
9	MOVEMENTOF	Balance at						Balance at
	FUNDS	1January				Investment		31December
			2020	Income	Expenditure	movements		2020
			£	£	£		£	£
	Unrestricted Funds	4,785,809		85,682	(132,238)		330,949	5,070,202
	RestrictedFunds
	CanonClarke
	MemorialFund	35,161		533	(155)		1,825	37,364

9	MOVEMENTOF	Balanceat				Balanceat
	FUNDS-	1January			Investment	31December
	PREVIOUSYEAR	2019	Income	Expenditure	movements	2019
		£	£	£	£	£
	Unrestricted Funds	4,064,245	109,603	(121,594)	733,555	4,785,809
	RestrictedFunds
	CanonClarke
	MemorialFund	30,470	659	(153)	4,185	35,161

Donations		£
	HawleyGreenPCC	260
	StNicholasSkirkbeckPCC	100
	ReverendWilliamChown	60
		420