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|Trustees|||C R Clough|||||
|---|---|---|---|---|---|---|---|
||||The Venerable|CJ|Hawthorn|||
||||Rev P Wordsworth|||||
||||Mrs M Cooper|||||
||||Mrs EAllen|||||
||||Mr DJ M Burchill|||||
|Custodian|Trustee||The York Diocesan||Board|of Finance||
|Charity number|||225290|||||
|Principal address|||Joplings|||||
||||19Market Place|||||
||||Thirsk|||||
||||North Yorkshire|||||
||||YO7 3AE|||||
|Independent||examiner|Deborah
Fletcher-McVay|||ACA||
||||Kenneth
Easby|Limited||||
||||Chartered
Accountants|||||
||||Oak House, Market Place|||||
||||Bedale|||||
||||North Yorkshire|||||
||||DL8 1AQ|||||
|Bankers|||CCLA Investment||Management||Ltd|
||||80 Cheapside|||||
||||London|||||
||||EC2V 6DZ|||||
||||Barclays Bank|Pic||||
||||193 High Street|||||
||||Northallerton|||||
||||North Yorkshire|||||
||||DL7 8LJ|||||
|Solicitors|||Mills & Reeve|||||
||||1 City Square|||||
||||Leeds|||||
||||North Yorkshire|||||
||||LS1 2ES|||||
|Investment||advisors|Smith
&Williamson||Investment||Management|
||||25 Moorgate|||||
||||London|||||
||||EC2R 6AY|||||
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||||Page|
|---|---|---|---|
|Trustees report|||1-2|
|Independent
examiner's||report||
|Statement
offinancial|activities|||
|Balance sheet||||
|Notes to the financial|statements||6-13|
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|||||Unrestricted|Endowment|Total|Unrestricted|Endowment|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|funds||
|||||2020|2020||2019|2019|2019|
||||Notes|E|F||f|E.|f|
||||r|||||||
|Investments||||55,474||55,474|72,845||72,845|
|Other income||||77,818||77,818||||
|Total income||||133,292||133,292|72,845||72,845|
|Raising funds||||2,114|6,204|8,318|2,271|6,972|9,243|
|Charitable
activities|||5|128,704||128,704|59,176||59,176|
|Total resources||||||||||
|expended||||130,818|6,204|137,022|61,447|6,972|68,419|
|Net gains/(losses)
investments||on||14,262|329,618|343,880|40,333|187,399|227,732|
|Net movement|in|funds||16,736|323,414|340,150|51,731|180,427|232,158|
|Fund balances|at 1|||||||||
|January 2020||||568,141|2,184,865|2,753,006|516,410|2,004,438|2,520,848|
|Fund balances|at|31||||||||
|December 2020||||584,877|2,508,279|3,093,156|568,141|2,184,865|2,753,006|
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|||||2020||2019||
|---|---|---|---|---|---|---|---|
||||Notes|F||f||
|Fixed assets||||||||
|Tangible assets
Investment
properties
Investments|||10
11
12||46,730
1,000,000
1,895,184||93,205
700,000
1,858,932|
||||||2,941,914||2,652,137|
|Current assets||||||||
|Debtors|||13|1,809||2,584||
|Cash at bank and|in|hand||152,973||101,867||
|||||154,782||104,451||
|Creditors: amounts
one year||falling due within|14|(3,540)||(3,582)||
|Net current assets|||||151,242||100,869|
|Total assets less|current liabilities||||3,093,156||2,753,006|
|Capital funds
Endowment
funds|-|general|15||2,508,279||2,184,865|
|Income funds||||||||
|Unrestricted
funds|||||584,877||568,141|
||||||3,093,156||2,753,006|
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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2020|2019|
|||F|E|
|Rental|income|11,250|15,000|
|Income|from listed investments|44,175|57,646|
|Interest|receivable|49|199|
|||55,474|72,845|
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||||||||Unrestricted|Total|
|---|---|---|---|---|---|---|---|---|
||||||||funds||
||||||||2020|2019|
||||||||F|F|
|Net|gain|on|disposal|oftangible|fixed|assets|77,818||
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|||||Unrestricted|Endowment|Total|Unrestricted|Endowment|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|funds||
||||||general|||general||
|||||2020|2020
F|2020f|2019|2019|2019
F|
|v|sm|ana|ent|2,114|6,204|8,318|2,271|6,972|9,243|
|||||2,114|6,204|8,318|2,271|6,972|9,243|
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||||Other costs|Grant|Total Other costs|Total Other costs|Grant|Total|
|---|---|---|---|---|---|---|---|---|
|||||funding|2020||funding|2019|
|||||2020||2019|2019||
|||||F||F.|||
|Sisters maintenance||and|||||||
|expenses|||4,322||4,322|4,200||4,200|
|Depreciation|||892||892|1,677||1,677|
|Property expenses|||4,676||4,676|7,354||7,354|
||||9,890||9,890|13,231||13,231|
|Grant funding
(see note 6)|of activities|||115,000|115,000||44,000|44,000|
|Share of support costs|||3,814||3,814|1,945||1,945|
||||13,704|115,000|128,704|15,176|44,000|59,176|
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||||2020
F|2019f|
|---|---|---|---|---|
|Grants to institutions:|||||
|Centre for Health and Pastoral Care|||15,000||
|Wydale
Hall|||20,000|10,000|
|Yo Yo|||15,000|5,000|
|York Historical|Churches|Trust|25,000|10,000|
|York Diocesean|Board of|Finance|40,000|5,000|
|Holyrood
House Grant||||14,000|
||||115,000|44,000|
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|2020|2019|
|---|---|
|Number|Number|
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|Net gains/(|losses)
on|investments||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Endowment|Total|Unrestricted|Endowment|Total|
|||funds|funds||funds|funds||
||||general|||general||
|||2020
f|2020f|2020
F|2019
E|2019
E|2019
E|
|Revaluation|of|||||||
|investments||14,684|42,795|57,479|37,735|104,467|142,202|
|Gain/(loss)
investments|on sale of|(422)|(13,177)|(13,599)|2,598|82,932|85,530|
|Revaluation|of|||||||
|investment|properties||300,000|300,000||||
|||14,262|329,618|343,880|40,333|187,399|227,732|
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|10|Tangible fixed assets|Tangible fixed assets|||||
|---|---|---|---|---|---|---|
||||||Freehold|Land and Buildings|
||Cost||||||
||At 1 January|2020||||123,950|
||Disposals|||||(58,944)|
||At 31 December 2020|||||65,006|
||Depreciation|and impairment|||||
||At 1 January|2020||||30,745|
||Depreciation|charged|in the|year||892|
||Eliminated
in|respect ofdisposals||||(13,361)|
||At 31 December 2020|||||18,276|
||Carrying
amount||||||
||At 31 December 2020|||||46,730|
||At 31 December 2019|||||93,205|
|11|Investment|property|||||
|||||||2020|
|||||||E|
||Fair value||||||
||At 1 January|2020||||700,000|
||Net gains or|losses through||fair value adjustments||300,000|
||At 31 December 2020|||||1,000,000|
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|Fixed asset investments||||||
|---|---|---|---|---|---|
||UK Fixed|Interest|Foreign|Cash in|Total|
||Equities|Stocks|Equities
f|porffolio||
|Cost or valuation||||||
|At 1 January 2020|1,326,429|251,329|253,233|27,941|1,858,932|
|Additions|108,935|6,013|64,229|36,857|216,034|
|Valuation
changes|(100,249)|(6,225)|163,943||57,469|
|Disposals|(125,871)|(39,779)|(71,601)||(237,251)|
|At 31 December 2020|1,209,244|211,338|409,804|64,798|1,895,184|
|Carrying
amount||||||
|At 31 December 2020|1,209,244|211,338|409,804|64,798|1,895,184|
|At 31 December 2019|1,326,429|251,329|253,233|27,941|1,858,932|
##
|13|Debtors||||
|---|---|---|---|---|
||||2020|2019|
||Amounts
falling due|within one year:||E|
||Other debtors||1,809|2,584|
|14|Creditors: amounts|falling due within one year|||
||||2020|2019|
||Accruals and deferred|income|3,540|3,582|
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|||||Movement|in funds||||Movement|in funds|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||Balance at
1 January 2019|Incoming
resources|Resources
expended|Transfers|Investments
gains/losses1|Balance at
January
2020|Incoming
resources|Resources
expended|Transfers|Investments
gains/losses|Balance at
31 December
2020|
||||||||||||f||
|Permanent|endowments||||||||||||
|Endowment|fund|2,004,438||(6,972)||187,399|2,184,865||(6,204)||329,618|2,508,279|
|||2,004,438||(6,972)||187,399|2,184,865||(6,204)||329,618|2,508,279|
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|16|Analysis|of net assets|of net assets|between|funds||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted||Endowment|Total|Unrestricted|Endowment|Total|
||||||funds|funds||funds|funds||
||||||2020|2020||2019|2019|2019|
||||||f.|f||F|F|F|
||Fund balances at 31||||||||||
||December||2020 are||||||||
||represented||by:||||||||
||Tangible assets|||46,730|||46,730|93,205||93,205|
||Investment||properties|||1,000,000|1,000,000||700,000|700,000|
||Investments|||345,274||1,549,910|1,895,184|333,153|1,525,779|1,858,932|
||Current assets/||||||||||
||(liabilities)|||192,873||(41,631)|151,242|141,783|(40,914)|100,869|
|||||584,877||2,508,279|3,093,156|568,141|2,184,865|2,753,006|