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2021-12-31-accounts
| BANKERS |
Lloyds Bank Pic |
|
21 StationAvenue |
|
Caterham |
|
Surrey |
|
CR3 6YT |
|
Barclays Bank Pic |
|
80 High Street |
|
Sevenoaks |
|
Kent |
|
TN13 1LR |
|
Charities Aid Foundation Bank (CAF) |
|
25 Kings Hill Avenue |
|
Kings Hill |
|
West Malling |
|
ME194TA |
| INDEPENDENT |
RSM UKTax & Accounting Limited |
| EXAMINER |
CharteredAccountants |
|
Portland |
|
25 High Street |
|
Crawley |
|
West Sussex |
|
RH10 1BG |
| SOLICITORS |
Wrigleys Solicitors |
|
19 Cookridge Street |
|
Leeds |
|
West Yorkshire |
|
LS2 3AG |
| INVESTMENT |
Quilter Cheviot Investment Management |
| MANAGERS |
Senator House |
|
85 Queen Victoria Street |
|
London |
|
EC4V4AB |
06/06/22
|
|
Notes |
Unrestricted |
Restricted |
|
|
|
|
|
funds |
funds |
2021 |
2020 |
|
|
|
£ |
£ |
£ |
£ |
| INCOME from |
|
|
|
|
|
|
| Donations and Legacies |
|
|
10,360 |
|
10,360 |
420 |
| Incomefrom investments: |
|
|
|
|
|
|
| Dividends |
|
|
83,028 |
518 |
83,546 |
85,658 |
| Interest |
|
|
73 |
|
73 |
137 |
| TOTAL INCOME |
|
|
93,461 |
518 |
93,979 |
86,215 |
| EXPENDITUREon |
|
|
|
|
|
|
| Raisingfunds: |
|
|
|
|
|
|
| Investment management |
fees |
|
28,059 |
175 |
28,234 |
24,982 |
| Charitable activities |
|
2 |
112,093 |
|
112,093 |
107,411 |
| TOTAL EXPENDITURE |
|
|
140,152 |
175 |
140,327 |
132,393 |
| NET (EXPENDITURE)/INCOME |
|
|
(46,691) |
343 |
(46,348) |
(46,178) |
| Net gains on investments |
|
4 |
925,063 |
4,158 |
929,221 |
332,774 |
| NET MOVEMENT IN FUNDS |
|
|
878,372 |
4,501 |
882,873 |
286,596 |
| RECONCILIATION OF FUNDS |
|
|
|
|
|
|
| TOTAL FUNDS BROUGHT |
|
|
|
|
|
|
| FORWARD |
|
|
5,070,202 |
37,364 |
5,107,566 |
4,820,970 |
| TOTAL FUNDS CARRIED, |
|
9 |
|
|
|
|
| FORWARD. '. |
. |
|
5,948,574 |
41,865 |
5,990,439 |
5,107,566 |
| e |
|
|
|
|
|
|
|
Notes |
2021 |
2020 |
|
|
£ |
£ |
| FIXED ASSETS |
|
|
|
| Investments |
4 |
5,800,844 |
4,947,710 |
| CURRENTASSETS |
|
|
|
| Debtors |
5 |
76,710 |
73,158 |
| Cash at bank and in hand |
6 |
128,819 |
97,307 |
|
|
205,529 |
170,465 |
| CREDITORS: amounts falling duewithin one year |
7 |
(15,934) |
(10,609) |
| Net current assets |
|
189,595 |
159,856 |
| TOTAL NETASSETS |
|
5,990,439 |
5,107,566 |
| FUNDS |
|
|
|
| Restricted |
|
|
|
| Canon Clarke Memorial Fund |
8-9 |
41,865 |
37,364 |
| Unrestricted |
8-9 |
5,948,574 |
5,070,202 |
| TOTAL FUNDS |
|
5,990,439 |
5,107,566 |
| 2 |
EXPENDITURE ON CHARITABLE ACTIVITIES |
Unrestricted |
Unrestricted |
|
|
2021 |
2020 |
|
|
£ |
£ |
|
GRANTS |
|
|
|
Grants to 5 candidates (2020: 2) |
3,282 |
1,605 |
|
Block and special grants to institutions |
|
|
|
- Pusey House |
30,000 |
30,000 |
|
- St Stephens House |
60,000 |
60,000 |
|
|
93,282 |
91,605 |
|
ADMINISTRATIVE COSTS |
|
|
|
Stipends and office expenses |
13,442 |
11,183 |
|
Meeting expenses |
611 |
483 |
|
Fees payable to the independent examiner: |
|
|
|
Independent examiner's fees |
1,740 |
1,620 |
|
Accountancy fees |
2,700 |
2,520 |
|
Telephone, postage and sundries |
250 |
|
|
Bank charges |
68 |
|
|
|
18,811 |
15,806 |
|
TOTAL EXPENDITURE ON CHARITABLE ACTIVIES |
112,093 |
107,411 |
|
|
2021 |
2020 |
|
|
£ |
£ |
| The |
Venerable LT Irvine-Caple (General Secretary) |
5,668 |
5,591 |
| The |
Revd H Williams |
2,107 |
|
|
|
7,775 |
5,591 |
| 4 |
INVESTMENTS |
Unrestricted |
Restricted |
Total |
Total |
|
|
Funds |
Funds |
2021 |
2020 |
|
|
£ |
£ |
£ |
£ |
|
1 January |
4,853,526 |
29,246 |
4,882,772 |
4,522,995 |
|
Additions |
253,349 |
|
253,349 |
433,793 |
|
Equalisation |
|
|
|
(532) |
|
Disposal proceeds |
(422,620) |
|
(422,620) |
(406,258) |
|
Net realised and unrealised gains in |
|
|
|
|
|
year |
925,063 |
4,158 |
929,221 |
332,774 |
|
|
5,609,318 |
33,404 |
5,642,722 |
4,882,772 |
|
Cash deposits |
158,122 |
|
158,122 |
64,938 |
|
Market value at 31 December |
5,767,440 |
33,404 |
5,800,844 |
4,947,71O |
|
Historical cost at 31 December |
2,676,506 |
16,698 |
2,693,204 |
2,583,091 |
|
The investments are split as follows: |
|
|
|
|
|
Equities-UK |
|
|
2,190,697 |
2,058,951 |
|
Equities-Overseas |
|
|
2,785,396 |
2,366,91 O |
|
Fixed interest securities- UK |
|
|
545,863 |
456,911 |
|
Alternative investments |
|
|
120,766 |
|
|
Cash deposits |
|
|
158,122 |
64,938 |
|
|
|
|
5,800,844 |
4,947,71O |
| 5 |
DEBTORS |
|
|
2021 |
2020 |
|
|
|
|
£ |
£ |
|
Duewithin oneyear: |
|
|
|
|
|
Otherdebtors |
|
|
9,519 |
5,967 |
|
Due in more than one year: |
|
|
|
|
|
Loan receivable (secured) |
|
|
67,191 |
67,191 |
|
|
|
|
76,710 |
73,158 |
| 6 |
CASH AT BANK AND IN HAND |
CASH AT BANK AND IN HAND |
|
|
|
2021 |
2020 |
|
|
|
|
|
|
£ |
£ |
|
Unrestricted Funds |
|
|
|
|
120,358 |
89,189 |
|
Restricted Fund: |
|
|
|
|
|
|
|
Canon Clarke Memorial Fund |
|
|
|
|
8,461 |
8,118 |
|
|
|
|
|
|
128,819 |
97,307 |
| 7 |
CREDITORS: amounts falling due within |
|
one year |
|
|
2021 |
2020 |
|
|
|
|
|
|
£ |
£ |
|
Accruals |
|
|
|
|
15,934 |
10,609 |
| 8 |
ANALYSIS OF NET ASSETS BETWEEN |
|
|
Unrestricted |
|
Restricted |
|
|
FUNDS |
|
|
Funds |
|
Funds |
Total |
|
|
|
|
|
£ |
£ |
£ |
|
Investments |
|
|
5,767,440 |
|
33,404 |
5,800,844 |
|
Net current assets |
|
|
181,134 |
|
8,461 |
189,595 |
|
|
|
|
5,948,574 |
|
41,865 |
5,990,439 |
|
ANALYSIS OF NET ASSETS BETWEEN |
|
|
Unrestricted |
|
Restricted |
|
|
FUNDS- PREVIOUS YEAR |
|
|
Funds |
|
Funds |
Total |
|
|
|
|
|
£ |
£ |
£ |
|
Investments |
|
|
4,918,464 |
|
29,246 |
4,947,710 |
|
Net current assets |
|
|
151,738 |
|
8,118 |
159,856 |
|
|
|
|
5,070,202 |
|
37,364 |
5,107,566 |
| 9 |
MOVEMENT OF |
Balance at |
|
|
|
|
Balance at |
|
FUNDS |
1 January |
|
|
Investment |
|
31 December |
|
|
2021
Income |
|
Expenditure |
movements |
|
2021 |
|
|
£ |
£ |
£ |
|
£ |
£ |
|
Unrestricted Funds |
5,070,202 |
93,461 |
(140,152) |
|
925,063 |
5,948,574 |
|
Restricted Funds |
|
|
|
|
|
|
|
Canon Clarke |
|
|
|
|
|
|
|
Memorial Fund |
37,364 |
518 |
(175) |
|
4,158 |
41,865 |
| 9 |
MOVEMENT OF |
Balance at |
|
|
|
Balance at |
|
FUNDS- |
1 January |
|
|
Investment |
31 December |
|
PREVIOUSYEAR |
2020 |
Income |
Expenditure |
movements |
2020 |
|
|
£ |
£ |
£ |
£ |
£ |
|
Unrestricted Funds |
4,785,809 |
85,682 |
(132,238) |
330,949 |
5,070,202 |
|
Restricted Funds |
|
|
|
|
|
|
Canon Clarke |
|
|
|
|
|
|
Memorial Fund |
35,161 |
533 |
(155) |
1,825 |
37,364 |
| Donations |
and |
|
£ |
| Legacies |
|
|
|
|
|
Hawley Green PCC |
260 |
|
|
St Nicholas Skirkbeck PCC |
100 |
|
|
The Frances Mary Smith Charitable Trust |
10,000 |
|
|
|
10,360 |