| TRUSTEES | PISandbach | |
|---|---|---|
| Reverend SI C Corlay (Resigned 05/07/2021) | ||
| Reverend I D Curtis | ||
| Reverend 5A Hancox | ||
| A Bland | ||
| Canon A D Nichog | ||
| Reverend 5M Shaw | (Resigned. 23/05/2021) | |
| R Mapanga | ||
| LGroenewald | ||
| Reverend M Harwood |
||
| REGISTERED OFFICE | StPeters House | |
| 43The Calls | ||
| Leeds | ||
| West Yorkshire | ||
| l537EY | ||
| REGISTERED COMPANY NUMBER | 00155640(England | and Wales) |
| REGISTERED CHARITY NUMBER | 220966 | |
| SENIOR STATUTORY AUDITOR | Christopher Darwin |
FCA |
| INDEPENDENT AUDITORS | Thomas Coombs Limited | |
| Statutory Auditor | ||
| Chartered Accountants |
||
| 3365The Pentagon | ||
| Century WaY | ||
| Thorpe Park | ||
| leeds | ||
| West Yorkshire | ||
| LS15BZB | ||
| OPERATIONAL STAFF | ||
| Director | Dr Helen Reid | |
| Administrator | Miriam O'Keeffe | |
| Team Assistant | Bethany Roberts |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Reslricsed | Total | Total | ||||
| Notes | funds 6 |
fund E |
funds 6 |
fllndSf | |||
| FIXEDASSETS | |||||||
| Tangible assets | 12 | 488323 | |||||
| Investments | |||||||
| Investments | 13 | 6,693.338 | 5741058 | ||||
| 6,723,676 | 6,F23476 | 6,229.371 | |||||
| CURRENT ASSEIS | |||||||
| Debtors | 14 | 99,932 | 71,254 | ||||
| Cash at bank | 85,239 | 56,513 | |||||
| 185,171 | 185,171 | 127.767 | |||||
| CREDITORS | |||||||
| Amounts falling due |
within one year | 15 | [302Nd) | (301mB) | f41,987) | ||
| NET CURRENT | ASSETS | 254~7 | 85,780 | ||||
| TOTAL ASSSTSLESSCURRENT UABttmes | 4+75+03 | 6,476,003 | 6,315,151 | ||||
| 62ITBAN | |||||||
| FUNDS | 16 | ||||||
| Unrestricted funds: |
|||||||
| General fund-free | reserves | 154,327 | 85,780 | ||||
| Designated- | Axed asset | 6,723.676 | 6,229,371 | ||||
| TOTAL FUNDS | 62D8,OOS | 6,315,151 |
| 2. | OTHER TRADING ACTIVlllES | OTHER TRADING ACTIVlllES | OTHER TRADING ACTIVlllES | OTHER TRADING ACTIVlllES | ||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Unrestricted | Total | |||||
| funds | funds | |||||
| 5 | 5 | |||||
| Sundryincome | 560 | 25,425 | ||||
| 3. | INVESIMENT INCOME | |||||
| 2022 | 2020 | |||||
| Unrestdcmd | Total | |||||
| funds | funds | |||||
| 5 | 6 | |||||
| Net rents received | 70,918 | 58,625 | ||||
| Unlisted investments | 147.999 | 149,141 | ||||
| 21$,917 | 207,766 | |||||
| 4, | INCOME FROM CHARITASLE ALTIVmES | |||||
| 2021 | 2020 | |||||
| TOtal | Tots I | |||||
| activities | aaivNes | |||||
| 8 | 5 | |||||
| Licence fees | 267 | |||||
| S. | RAISING FUNDS | |||||
| Investment | management | costs | ||||
| 2021 | 2020 | |||||
| Unrestricted | Total | |||||
| funds | funds | |||||
| 5 | 5 | |||||
| Property management Property costs |
and related fees | 9,000 84,9$0 |
9.883 102,170 |
|||
| 112,053 |
| CHARITABLE ACIIVITI | ES COSTS | |
|---|---|---|
| Support | ||
| costs (see | ||
| nota 8} f |
||
| Employee costs | 84379 | |
| Direct costs | 78/I94 | |
| Premises costs | 12465 | |
| General administrative | expenses | 30WT |
| Support Costs Donahon ofexcess Bxedassets (net book value) |
22r800 ~6 |
| 10. | STAFFCOSTS | ||
|---|---|---|---|
| 2021 E |
1020f | ||
| Wages and salaries | $7,990 | 120,223 | |
| Redundancy costs |
16,000 | ||
| Social Security | 7,MS | 10,321 | |
| Other pension costs | 9.259 | 13,059 | |
| Recharged to LCITrading Limited | 5,5$2 | (2$,54$) | |
| 131,055 |
| 2021 | 2020 |
|---|---|
| 3 | 5 |
| COMPARATIVES FORT | HE STATEMENT OF FINANCIAL | ACTIVITIES | ||
|---|---|---|---|---|
| Vnrestrkted | Restricted | Total | ||
| funds | fund | funds | ||
| 8 | 6 | 6 | ||
| INCOME FROM | ||||
| Donations and legacies | 233 | 233 | ||
| Charitable ectlvkles | ||||
| Licence fees | 267 | 267 | ||
| Other trading acdvities | 21,775 | 25,425 | ||
| Investment income |
~207 766 | 207,766 | ||
| Total | 230,041 | 3,650 | 233,691 | |
| EXPENDITURE ON | ||||
| Raising funds | 112,053 | 112,053 | ||
| Charitable actlvkles | ||||
| Employee costs | 105,045 | 105,045 | ||
| Dlmct costs | 81,609 | 3,650 | 85,259 | |
| Premises costs | 15,308 | 15,308 | ||
| General administrative | expenses | 54,977 | 54,977 | |
| Supportcosts | 24,256 | 24,256 | ||
| TOtal | 393,248 | 3,650 | 396,898 |
| 11. | CONIPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES - mntinued | CONIPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES - mntinued | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | fund | funds | |||
| 6 | E | 5 | |||
| Net gains on investments | 289,488 | 289,4SB | |||
| NET INCOME | 126,281 | 126,281 | |||
| RECONCIUATION | OF FUNDS | ||||
| Total funds brought foneard | 6,188,870 | 6,188,870 | |||
| TOTAL FUNDS CARRIED FORWARD | .6,315151 | 6,315,151 | |||
| LL | TANGIBLE FIXEDASSEIS | ||||
| Fixtures | |||||
| Freehold | Loiig | and | |||
| property | leasehold | fittings | Totals | ||
| F. | 5 | 5 | E | ||
| COST | |||||
| At1st January 2021 | SS,S02 | 238,925 | 730,758 | ||
| Additions | 6,130 | 6,1SB | |||
| Disposals | (107,917) | (107,917) | |||
| ReclasslRcation | (453333) | (58,502) | (24,340) | (516.175) | |
| At31st December | 2021 | 112,790 | |||
| DEPRECIATION | |||||
| At1stJanuary 2021 | 58502 | 242,445 | |||
| Charge foryear | $,505 | BABB | |||
| Disposals | (95,611) | (95,611) | |||
| Reclasslflration/transfer | (SS,SO2) | (14,329) | (72,$51) | ||
| At31stDecember | 2021 | 82.50$ | |||
| NET SOON VALUE | |||||
| At31stDecember | 2021 | 30,2$8 | sees | ||
| At31stDecember | 2020 | 54ir30 | 488,313 |
| 13. | FIXEDASSET | INVESTMENTS | INVESTMENTS | INVESTMENTS | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Invesbnant | Shares In group | |||||||||||||
| property 8 |
undertaldngs 6 |
Investments f |
Totals E |
|||||||||||
| MARKET VAlUE | ||||||||||||||
| At1Ianus ry2021 | 866AI67 | 4,874,390 | 5,741,058 | |||||||||||
| Additions | 220r452 | 220ASE | ||||||||||||
| ReclassNcatlons | 443~ | |||||||||||||
| Disposals | (273,617) | (273.617) | ||||||||||||
| Revaluations | 662,152 | ~662152 | ||||||||||||
| At31December | 2021 | ~5262926 | ||||||||||||
| NET SDDK VALUE | ||||||||||||||
| At31December | 2021 | ~0/62 | 1 | 5,26ib925 | gdi83386 | |||||||||
| At31December | 2020 | 866,667 | 1 | 4.874,390 | 574105& | |||||||||
| There were no investment | assets | outside the UK. | ||||||||||||
| Investments | ||||||||||||||
| The investments | comprise: | |||||||||||||
| CCIA Irwestment | Management | Limited | 2021 | 2020 | ||||||||||
| E | r. | |||||||||||||
| The CBFChurch of England | Investment | Fund | ||||||||||||
| 187,319.80I2020r 197,294.91)Income | Shares | 4,386,674 | 4,042,040 | |||||||||||
| The CBFChurch ofEnghnd | Global Equhy Income Fund | |||||||||||||
| 852I25.56(2020: | 111,290.99)Inmme Shares | 250367 | 293,441 | |||||||||||
| The caFchurch ofEngland | property | Fund | ||||||||||||
| 41643567l2020 | r41643567) | Income | Shares | 615,784 | 536,909 | |||||||||
| The above common investmerff | funds were established | under the church Funds Investment | Measure 1958(as amended | from time to | ||||||||||
| time). The funds | hold a | wide | spread | ofindividual | equities and investments. | Further | details | ofthe CSF Church | of England | Funds can be | ||||
| obtained from www. cela.m.uk |
| 14. | DEBTORS:AMOUNTS FALLING OUE WITHIN ONE YEAR | DEBTORS:AMOUNTS FALLING OUE WITHIN ONE YEAR | DEBTORS:AMOUNTS FALLING OUE WITHIN ONE YEAR | ||
|---|---|---|---|---|---|
| 2021 | 2020f | ||||
| Rental debtors | M,306 | 1,293 | |||
| Amounts owed by gmup | undertakings | L48$ | 5,437 | ||
| Other debtors | 2,755 | ||||
| Prepayments and accrued income |
82,433 | 64,524 | |||
| 71,254 | |||||
| 15. | CREDITORS.'AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | ||||
| 6 | |||||
| Rental creditors | 42287 | 14,117 | |||
| Other creditors | 1,838 | 1,333 | |||
| Accruals and deferred | income | 25+74 | 26,537 | ||
| 41,987 |
| MOVEMENT | IN FUNDS | |||
|---|---|---|---|---|
| Net | ||||
| movement | At | |||
| At 1/1/21 | in funds | 31/17/21 | ||
| E | E | E | ||
| Unresbkted | funds | |||
| Generalfund | 68347 | 154,327 | ||
| Designated- | fixed asset | 6,229,371 | 494,305 | 6,725576 |
| 6,31S,151 | 562.852 | 647S.003 | ||
| TOTAL FUNDS | ~6325,251 | Q!78.003 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | In funds | ||
| E | E | 6 | 1 | ||
| Unrestricted | funds | ||||
| General fund | 228,8S1 | (335,189) | 174,$55 | 68447 | |
| Designated- | fixed asset | 494,305 | 494@05 | ||
| 2282NS | (355,189) | 659,150 | 562,$52 | ||
| TOTALFUNDS | 228,$$1 | ~(335,189 | 669,160 | 562852 |
| land and buildings | land and buildings | Other openNng | leases | |
|---|---|---|---|---|
| 2021 | 2020 | 2021 | 2020 | |
| 6 | E | E | 6 | |
| Expiring: | ||||
| Within one year | ||||
| Between one and Rve years | ||||
| In more than five years | 2r462,500 | |||
| 1,462,500 |
| 2021 | ||||
|---|---|---|---|---|
| IN COIN EAND ENOOYYME HIS | ||||
| Donations and legades | ||||
| Subscriptions | 233 | |||
| 29 | ||||
| Other trading actlvides | ||||
| Sundry income | 560 | 25,425 | ||
| bwestment Income |
||||
| Net rents received | 70,918 | 58,625 | ||
| Unlisted investments | 147.S99 | 149,141 | ||
| 218,917 | 20'7,766 | |||
| Charitable aaivTiies |
||||
| Licence fees | 267 | |||
| Total incoming resources |
2282NS | 233,691 | ||
| ERPENDRURE | ||||
| Raising funds |
||||
| Staff costs transferred | from support mats | ASS | 8,132 | |
| Property management | and related fees | BJED | 9+63 | |
| Property ccms transferred from premises costs |
77,175 | ~94 | 038 | |
| 93,980 | 1222D3 | |||
| Charitable actrMltNS |
||||
| Employee costs |
||||
| Staff salaries | 68,074 | 95,676 | ||
| Pensions for charitable staff | 9,259 | 13,059 | ||
| Redundancy costs |
16,000 | |||
| Employers Nl |
5 rum | 7,761 | ||
| Raffcosts recharged | to LCITrading Umited | 5482 | l28,548) | |
| Training and welfare | 287 | 1,002 | ||
| Travel and subsistence | 237 | |||
| 105,045 | ||||
| Direct mgs | ||||
| Conferencing and catering costs |
172 | |||
| Reading materials | 1,027 | |||
| Events and seminars | 19,659 | 30,789 | ||
| Resource costs | 42516 | 36,972 | ||
| Marketing services |
15,583 | 16,299 | ||
| 85,259 |
| Premises costs |
2021 | 2020 | ||||
|---|---|---|---|---|---|---|
| 5 | 5 | |||||
| Insurance | 15,370 | 11,490 | ||||
| Light and heat | 26,501 | 24,956 | ||||
| Rates | SAI27 | 6,962 | ||||
| Rent | 0,785 | |||||
| Cleaning and Refuse | 6~2 | 21,520 | ||||
| Repairs | 26AN4 | 35,298 | ||||
| Security | 9,120 | |||||
| Property costs | recharged | to LCITrading | Limited | |||
| Property costs | transferred | to costs of raising funds | (77,175) | ~94038) | ||
| 12,563 | 15,30S | |||||
| General administrative | expenses | |||||
| Telephone | 2,085 | 3,247 | ||||
| Postage and stationary | 3,634 | 4,752 | ||||
| Subscriptions | 40 | 704 | ||||
| Equipment expenses |
12,006 | 22,112 | ||||
| Accouiilaricf | SANS | 2,213 | ||||
| legal and professional | 1,782 | 8,845 | ||||
| Sundry expenses | 486 | 4,718 | ||||
| Depreciation | IL505 | 8,260 | ||||
| Donation ofexcess fixed | assets (net book value) | 22r306 | ||||
| Bank charges | 126 | |||||
| 54,977 | ||||||
| Support costa | ||||||
| Volunteer expenses | ||||||
| Administration | salaries | 24,547 | ||||
| Pension costs | ||||||
| Employers Nl |
2,507 | 2,560 | ||||
| Staffcosts transferred | to | costs of raising | funds | (7,804) | (8,132) | |
| Auditors remuneration | 4,590 | 5,281 |
| 2021 f |
2020f | |||
|---|---|---|---|---|
| Total resources | expended | 335,1$9 | 396,$9$ | |
| Net expenditure | Before gains and losses | (225,6$3) | N63,207) | |
| ReaRsed reoognlsed | gains and losses | |||
| Unrealised gains |
on | investments | 67S,SSS | 2$9,4$$ |
| Net income | 562352 | 126,2$1 |