2021-06-30-accounts

CONTENTS			PAGE
Report ofthe	Trustees		2-7
Independent	Examiner's	Report
Statement of	Financial Activities
Statement of	Financial	Position	10
Notes forming	part ofthe financial statements		11-16

					Unreshfcted	Designated	Total	Total
				Note	Funds	Funds	Funds	Funds
							2021f	2020f
INCOME AND ENDOWNIENTS			FROIN:
Donations and legacies Activities for generating funds Charitable activities					99,131 157 0		99,131 157 0	113,694 1,316 13,707
Income from investments					126,689		126,689	136,367
Other income resources					18,532		18,532	8,386
Totai Incoming resources					244,509	0	244,509	273,469
EXPENDITURE ON:
Raising funds Charitable activities					2,575 171,443		2,575 171,443	2,367 170,707
Investment management	costs				28,774		28,774	27,940
Other resources expended					28,869		28,869	28,194
Governance costs					950		950	950
Total expenditure					232,611	0	232,611	230,157
Net Income over Expenditure
before Transfers					11,898	0	11,898	43,312
Gross transfers between	funds
Net incoming over expenditure
before other recognised gains/losses					11,898	0	11,898	43,312
Other recognised gains/losses
Gains/(losses) on investment		assets
Realised						353,042	353,042	14,242
Unrealised						372,117	372,117	(62,094)
Gains/{losses) on land 8	property assets
Realised
NET MOVEINENT IN FUNDS					11,898	725,159	737,057	(4,540)
Balances brought forward	at
At the 1stJuly 2020					593,200	5,272,635	5,865,835	5,870,375
Balances cerned forward at
At the 30th tune 2021					f605098	f5997794	f6602892	f.5865835

			2021	2020
				2
Fixed Assets
Tangible assets		4	632„192	644,166
investments		5	5,900,666	5,064,155
			6,532,856	5,708,321
Current Assets
Debtors Short term deposits		8	5,446 480	10,541 0
Cash at bank and in	hand		73,668	152,010
			79,594	162,551
Creditors: amounts	falling due within one year	9	(9,558)	(5,037)
Net Current Assets			70,035	157,514
Total Assets iess cunent liabiliigies			6,602,892	5,865,835
Net Assets			28 SD2 892	28865825
Funds
Unrestricted.
Designated General. unrestricted			5,997,794 605,098	5,272,635 593,200
			266D2 892	25 865SS5

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		Freehold
		Land and		laotor		Plant	and
4	Tangible Fixed Assets	Buildings f		Vehicles f		Equipment f		2021f	2020
	Cost/Revaluation
	At the 1stJuly 2020	608,283		17,269		243,792		869,345	850,022
	Additions		0		0		1,142	1,142	27,983
	Revaluation adjustments		0		0		0	0	0
	Disposals		0		0		0	0	0
	At the 30th June 2021	608,283		17,269		244,935		870,487	878,005
	Accumulated depreciation
	At the 1stJuly 2020				2,730	222,450		225,180	223,012
	Charge forihe year				4,317		8,798	13,115	10,827
	Released in the year				0		0	0
	At the 30th June 2021		0		7,047	231248		238,295	233,839
	Net book values
	At the 30th June 2021
	At the 30th June 2020	s	r	r.	53s	rr	rr

		2021f	2020f
Southsea 7	Nelson Rd.
At valuation	{note)	550,000	550,000
Add; Cost	ofgarage	51,783	51,783
Grave plots	{note)	6,500	6,500
		rr	02

						Total	Total
5	Fixed asset investments					2021 6	202D 6
	Slarkst value
	Atthe 1stJuly 2020					4,963,503	4,952,458
	Additions (atcost)					2,012,285	864,457
	Disposals (atsale price)					(1,898,085)	(805,563)
	Nst gain/(loss) on sales in year					353,042	14,242
	Net unrealised
	investment gains/{losses)					372,117	(62,094)
						5,802,862	4,963,500
	Add: cash awaiting investment					97,804	100,653
	Market Value (see below)
	At the 30th June 2021					f5,900,666	55,064,153
	Cost Value
	At the 30th June 2021					54,580,016	54,114,738
						Total	Total
	Analysis ofmadret value of		investmenis			2021f	2020
	Fixed Interest					129,722	113,661
	Ordinary &variable interest					5,673,140	4,849,841
						5,802,862	4,963,502
	Cash					97,804	100,653
						75,900,666	f5064,155
	At 30th June 2021 investments		mpmssnting		more than 5M by value ofthe portfolio:
	Name/Dsscripnon
	CBFofthe Church ofEngland	Investment		Fund	Units	25.60ID	F1,485,751

			2021	2020
Gift Aid tsx	recoverable		312	1,362
Outstanding	job retention	claim	0	3,104
Prepaymenls			5,133	4,952
Other debtors			0	1,123
			F5,445	810,541

	2021	2020
PAYE8 NIC	678	568
Other creditors	6,380	1,789
Accruals	2,500	2,680
	F9,558	55,037

Nlovsment i	n funds
			Incoming	Resources	Gains 6,
		At1.7.20	resources	expended	losses	At30.6.21
General fund		593,200	244,509	(232,611)	0	605,098
Designated	reserves fund	5,272,635	0	0	725,159	5,997,794
		5,865,835	244,509	(232,611)	725,159	6,602,892