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2024-12-31-accounts
UNAUDITEDSTATEMENTOFFINANCIA
fortheyearended31December2024 |
LACTIVITIES |
|
|
|
Notes |
2024 |
2023 |
|
|
£ |
£ |
| INCOMEfrom |
|
|
|
| DonationsandLegacies |
|
32,784 |
15,400 |
| Incomefrominvestments: |
|
|
|
| Dividends |
|
94,796 |
92,868 |
| Interest |
|
2,083 |
2,126 |
| TOTALINCOME |
|
129,663 |
110,394 |
| EXPENDITUREon |
|
|
|
| Raisingfunds: |
|
|
|
| Investmentmanagementfees |
|
28,002 |
26,027 |
| Charitableactivities |
2 |
179,824 |
140,429 |
| TOTALEXPENDITURE |
|
207,826 |
166,456 |
| NETEXPENDITURE |
|
(78,163) |
(56,062) |
| Netgainsoninvestments |
5 |
519,654 |
474,268 |
| Profitonsaleofsocialinvestmentproperty |
|
7,728 |
|
| NETMOVEMENTINFUNDS |
|
449,219 |
418,206 |
| RECONCILIATIONOFFUNDS |
|
|
|
| TOTALFUNDSBROUGHTFORWARD |
|
5,410,170 |
4,991,964 |
| TOTALFUNDSCARRIEDFORWARD |
10 |
5,859,389 |
5,410,170 |
fortheyearended31December2024 |
|
|
|
|
Notes |
2024 |
2023 |
|
|
£ |
£ |
| FIXEDASSETS |
|
|
|
| SocialInvestmentProperty |
4 |
|
267,272 |
| Investments |
5 |
5,440,276 |
5,021,307 |
|
|
5,440,276 |
5,288,579 |
| CURRENTASSETS |
|
|
|
| Debtors |
6 |
127,788 |
79,528 |
| Cashatbankandinhand |
7 |
304,248 |
54,134 |
|
|
432,036 |
133,662 |
| CREDITORS:amountsfallingduewithinoneyear |
8 |
(12,923) |
(12,071) |
| Netcurrentassets |
|
419,113 |
121,591 |
| TOTALNETASSETS |
|
5,859,389 |
5,410,170 |
| FUNDS |
|
|
|
| Unrestricted |
9-10 |
5,859,389 |
5,410,170 |
| TOTALFUNDS |
|
5,844,389 |
5,410,170 |
| 2 |
EXPENDITUREONCHARITABLEACTIVITIES |
Unrestricted |
Unrestricted |
|
|
2024 |
2023 |
|
GRANTS |
|
|
|
Grantsto9candidates(2023:10) |
5,405 |
6,405 |
|
Blockandspecialgrantstoinstitutions |
|
|
|
-PuseyHouse |
30,000 |
30,000 |
|
-StStephen'sHouse |
60,000 |
60,000 |
|
BishopofEbbsfleet'sMissionFund |
15,000 |
|
|
ChurchofOurMostHolyRedeemer |
6,500 |
|
|
|
116,905 |
96,405 |
|
ADMINISTRATIVECOSTS |
|
|
|
Stipendsandofficeexpenses |
14,611 |
14,611 |
|
Meetingexpenses |
823 |
1,253 |
|
Feespayabletotheindependentexaminer: |
|
|
|
Independentexaminer'sfees |
2,400 |
2,280 |
|
Accountancyfees |
3,420 |
3,270 |
|
Insurance |
235 |
368 |
|
Professionalfees |
37,267 |
19,592 |
|
IT
webdesign |
235 |
835 |
|
Bankcharges |
62 |
62 |
|
Sundryofficeexpenses |
3,050 |
|
|
LadyewellHouseofFormation: |
|
|
|
Insurance |
816 |
'865 |
|
Repairs |
- |
888 |
|
|
62,919 |
44,024 |
|
TOTALEXPENDITUREONCHARITABLEACTIVIES |
179,824 |
140,429 |
theTrusteecompanyforthespecificrolesperformedwithinth |
efund. |
|
|
2024 |
2023 |
| TheRightRevdLTIrvine-Caple(GeneralSecretary) |
5,844 |
5,844 |
| TheRevdHWilliams |
2,922 |
2,922 |
|
8,766 |
8,766 |
| SOCIALINVESTMENTPROPERTY |
|
|
Total |
|
E |
| At1January2024 |
267,272 |
| Disposal |
(267,272) |
| At31December2024 |
|
| 5 |
INVESTMENTS |
Total |
Total |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
1January |
5,006,522 |
4,597,458 |
|
Additions |
780,816 |
603,097 |
|
Disposalproceeds |
(904,850) |
(668,301) |
|
Netrealisedandunrealisedgainsinyear |
519,654 |
474,268 |
|
|
5,402,142 |
5,006,522 |
|
Cashdeposits |
38,134 |
14,785 |
|
Marketvalueat31December |
5,440,276 |
5,021,307 |
|
Historicalcostat31December |
2,882,258 |
2,839,234 |
|
Theinvestmentsaresplitasfollows: |
|
|
|
Equities—UK |
1,670,161 |
1,830,185 |
|
Equities—Overseas |
3,191,503 |
2,497,513 |
|
Fixedinterestsecurities-UK |
367,255 |
367,496 |
|
Alternativeinvestments |
173,223 |
311,328 |
|
Cashdeposits |
38,134 |
14,785 |
|
|
5,440,276 |
5,021,307 |
| 6 |
DEBTORS |
2024 |
2023 |
|
|
|
£ |
|
Duewithinoneyear: |
|
|
|
Otherdebtors |
60,597 |
12,337 |
|
Dueinmorethanoneyear: |
|
|
|
Loanreceivable(secured) |
67,191 |
67,191 |
|
|
127,788 |
79,528 |
| 7 |
CASHATBANKANDINHAND |
2024 |
2023 |
|
UnrestrictedFunds |
304,248 |
54,134 |
| 8 |
CREDITORS:amountsfallingduewithinoneyear |
2024 |
2023 |
|
Accruals |
12,923 |
12,071 |
| 9 |
ANALYSISOFNETASSETSBETWEENFUNDS |
|
|
|
|
|
Unrestricted |
|
|
|
Funds |
|
Investments |
|
5,440,276 |
|
Netcurrentassets |
|
404,113 |
|
|
|
5,844,389 |
|
ANALYSISOFNETASSETSBETWEENFUNDS- |
|
|
|
PREVIOUSYEAR |
|
Unrestricted |
|
|
|
Funds |
|
SocialInvestmentProperty |
|
267,272 |
|
Investments |
|
5,021,307 |
|
Netcurrentassets |
|
121,591 |
|
|
|
5,410,170 |
| 10 |
MOVEMENTOF |
Balanceat |
|
|
|
Balanceat |
|
FUNDS |
1January |
|
|
Investment31December |
|
|
|
2024 |
Income |
Expenditure |
movements |
2024 |
|
|
£ |
|
|
£ |
|
|
Unrestricted |
|
|
|
|
|
|
Funds |
5,410,170 |
129,663 |
(207,826) |
527,382 |
5,859,389 |
|
MOVEMENTOF |
Balanceat |
|
|
|
Balanceat |
|
FUNDS- |
1January |
|
|
Investment31December |
|
|
PREVIOUS |
2023 |
Income |
Expenditure |
movements |
2023 |
|
YEAR |
£ |
£ |
£ |
£ |
£ |
|
Unrestricted |
|
|
|
|
|
|
Funds |
4,991,964 |
110,394 |
(166,456) |
474,268 |
5,410,170 |