2022-12-31-accounts

TRUSTEES	Revd P Maybury	(appointed	(appointed	(appointed	05/09/2022)	05/09/2022)
	JSadgrove (appointed			2B/09/2022)
	PJ Sandbach
	A Bland
	LGroenewa Id
	Revd 5A Hancox
	Rev J0Curtis
	Canon A 0 Nicholl
	R Mapanga (Resigned			22/04/2022)
REGISTERED OFFICE	43The Calls
	Leeds
	L52 7EY
REGISTERED COMPANY NUMBER	00155840(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
	L515BZB
ADVISORS	Bankers:
	Virgin Money
	9xs96 Briggate, Leeds,			L516NP
	Solicitors:
	Wrigleys Solicitors		LLP
	19Cookridge Street, Leeds, L52					3AG
	Investment Managers:
	CCLA Investment	Management				Limited
	Church of England		Funds
	80Cheapside, London,			EC2V BDZ

						2022	2021
				Unrestricted	Restricted	Total	Total
			Notes	fundsf	fundf	funds 6	fundsf
INCOME AND ENDOWllllENTS		FROM
Donations and legacies				10		10	29
Charitable acgvities
Other trading activities				9,044		9,044	560
Investment income				220/I96		220,896	218,917
Total				229,950		229950	219,506
EXPENDITURE ON
Raising funds				77,104		77,104	93,980
Charitable activities
Employee costs				86,000		86,000	84,379
Direct costs				100,637		100,637	78,494
Premises costs				45,869		45,869	12,563
General administrative	expenses			30,271		30,271	30,667
Support costs				45,676		45,676	22,800
Donation ofexcess fixed assets		(net book value)					12,306
				385,557		385,557	335,189
NET ExPENDITURE (before gains/losses			on Investments)	(155,6071		(155,607)	(115,683)
Net gains/(losses) on investments				(620,839)		(620,839)	678,535
NET INCOME/(EXPENDITURE)				(776,446)		(776,446)	562,852
RECONCILIATION OF FUNDS
Total funds brought forward				6,878,003		6,878,003	6,315,151
TOTAL FUNDS CARRIED	FORWARD			6,101,557		6,101,557	6,878,003

							2022	2021
					Unrestricted	Restricted	Total	Total
					funds	fund	funds	funds
				Notes	6	f	E	6
FIXEDASSETS
Tangible assets					37,266		37,266	30,288
Investments
Investments				12	5,877,192		5,877,192	6,693,388
					5,914,458		5,914,458	6,723,676
CURRENT ASSETS
Debtors				13	93,278		93,278	99,932
Cash at bank					119,867		119,867	85,239
					213,145		213,145	185,171
CREDITORS
Amounts falling due			within one year	14	(26,046)		(26,046)	(30,844)
NET CURRENT		ASSETS			187,099		187,099	154,327
TOTAL ASSETS LESSCURRENT LIABILITIES					6,101,557		6,101,557	6,878,003
NET ASSETS					6,101,557		6,101,557	6,878,003
FUNDS				15
Linrestricted	funds:
General fund-free			reserves				187,099	154,327
Designated-		fixed asset					5,914,458	6,723,676
							6,101,557	6,878,003
TOTAL FUNDS							6,101,557	6,878,003

2.	OTHER T	RADING ACTIVITIES
			2022	2021
			Total	Total
			funds	funds
			6	6
	Sundryincome		9,044	560
3.	INVESTMENT INCOME
			2022	2021
			Total	Total
			funds	funds
			6	6
	Net rents	received	73,648	70,918
	Unlisted	investments	147,248	147,999
			220,896	218,917

					2022	2021
					Unrestdicted	Total
					funds	funds
					6	6
Property	management	and	related	fees	6,750	9,000
Property	costs				70,354	84,980
					77,104	93,980

CHARITABLE ACTIVITI	ES COSTS
		Support
		casts(see
		note 6} f
Employee costs		86,000
Direct casts		100,637
Premises costs		45,869
General administrative	expenses	30,271
Support Costs		45,676
		308,453

			Education,
			research,
			events
			dissemination	Governance
			&grants	casts f	Totals f
Employee costs			86,000		ggrr93
Direct costs			100,637		100,637
Premises costs			45,869		45,869
General administrative		expenses	30,271		30,271
SUpport			39,643	6,033	45,676
			302,420	6,033	308,453
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated after charging/(crediting):
				2022f	2021 f'
Auditors' remuneration				5,436	4,590
Depreciation -owned assets				5,331	8,505
Other operating	leases				37,500

STAFF COSTS
		2022	2021
		6
Wages and salaries		106,668	87,990
Social Security		6,611	7,038
Other pension costs		10,841	9,259
Recharged to LCI Trading	Limited		5,582
		124,120	109,869

2022	2021
4	3

10.	CDMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	CDMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			funds	fund	funds
			6	5	E
	INCOME FROM
	Donations and legacies		29		29
	Charitable activities
	Other trading activities		560		560
	Investment income		218,917		218,917
	Total		219,506		219,506
	EXPENDITURE ON
	Raising funds		93,980		93,980
	Charitable activities
	Employee costs		84,379		84,379
	Direct costs		78,494		78,494
	Premises costs		,12,563		12,563
	General administrative	expenses	30,667		30,667
	Support costs		22,800		22,800
	Donation ofexcess fixed assets (net book value)		12,306		12,306
	Total		335,189		335,189

10.	COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTiVITIES -continued
			Unrestricted	Restricted	Total
			fundsf	fundf	funds 8
	Net gains on investments		678,535		678,535
	NET INCOME		562,852		562,852
	RECONCILIATION	OF FUNDS
	Total funds brought forward		6,315,151		6,315,151
	TOTAL FUNDS CARRIED FORWARD		6,878,003		6,878,003
	TANGIBLE FIXEDASSETS
					Fixtures
					and
					fittings
					E
	COST
	At 1stJanuary 2022				112,796
	Additions				12,310
	At 31stDecember 2022				125,106
	DEPRECIATION
	At 1stJanuary 2022				82,508
	Charge for year				5,332
	At 31st December 2022				87,840
	BIETBOOK VALUE
	At 31stDecember 2022				37,266
	At 31stDecember 2021				30,288

						Investment	Shares in group	Shares in group	Shares in group
						property	undertakings			Investments	Totals
						5		6		6	6
MARKET VALUE
At 1January 2022						1,430,462				5,262,925	6,693,388
Additions						4,644					4,844
Reclassification
Disposals										(221,754)	(221,754)
Revaluations										(599,086)	(599,086)
At 31December 2022						1,435,106				4,442,085	5,877,192
NET BOOKVALUE
At 31December 2022						1,435,106			1	4,442,085	5,877,192
At 31December 2021						1,430,462			1	5,262,925	6,693,388
There were no investment	assets		outside the UK.
Investments
The investments comprise:
CCLA Investment Management		Limited				2022		2021
						5		6
The CBFChurch ofEngland	Investment			Fund
177,850.45 (2021:187,319.80)		income		Shares		3,674,639		4,386,674
The CBFChurch of England	Global Equity income Fund
85,025.56(2021:85,025.56) Income Shares						223,914		260,467
the CBFChurch of England	Property		Fund
416,435.67(2021:416,435.67)		Income		Shares		543,532		615,784
The above common investment			funds were established			under the Church		Funds Investment		Measure 1958(as amended		from time to
time). The funds hold a wide		spread		of individual	equities and investments.			Further	details	ofthe CBFChurch	of England	Funds can be
obtained from www. cela.co.uk

13.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR
				2022	2021
				E	6
	Rental debtors			9,950	13,306
	Amounts owed by group		undertakings	154	1,436
	Other debtors			2r756	2,755
	Prepayments and accrued income			80,418	82,433
				93,278	99,932
14.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
				2022	2021
				E	6
	Rental creditors			5,095	4,037
	Other creditors			1333	1,333
	Accruals and deferred	income		19,618	25,474
				26,046

MOVEMENT	IN F	UNDS
				Net
				movement	At
			At 1/1/22	in funds	31/12/22
			f	f	f
Unrestricted	funds
Generalfund			142,022	45,077	187,099
Designated-fixed		asset	6,735,981	(821,523)	5,914,458
			6,878,003	(776,446)	6,101,557
TOTAL FUNDS			6,878,003	(776,446)	6,101,557

		Incoming	Resources	Gains/lasses	Movement
		resources f	expended f	and transfers f	in funds f
Unrestricted	funds
General		229,950	(385,557)	200,684	45,077
Designated-	fixed asset			(821,523)	(821,523)
		229,950	(385,557)	(620,839)	(776,446)
TOTALFUNDS		229,950	(385,557)	(620,839)	(776vt46)

	Land and buildings	Land and buildings	Other operating	leases
	2022	2021	2022	2021
	E	f	f	6
Expiring.
Within one year	20,525	20,525
Between one and five years	54,734	75,259
In more than five years
	75,259	95,784