2023-06-30-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

						Unrestricted	Designated	Total	Total
					Note	Funds	Funds	Funds	Funds
								2023	2022
									6
INCOME AND ENDOWMENTS				FROM:
Donations and legacies						51,980	27,216	79,196	113,088
Activities for generating	funds					927		927	792
Charitable activities						13,665		13,665	7,059
Income from investments						160,860		160,860	150,846
Other income resources						1,421		1,421	0
Total Incoming resources						228,854	27,216	256,069	271,785
EXPENDITURE ON:
Raising funds						1,894		1,894	1,443
Charitable activities						218,701		218,701	182,924
Investment management		costs				28,553		28,553	31,421
Otherresources expended						24,963		24,963	27,833
Governance costs						1,100		1,100	950
Total expenditure						275,210	0	275210	244 571
Net Income over Expenditure
before Transfers						(46,357)	27,216	(19,141)	27,214
Gross transfers between		funds
Net incoming over expenditure
before other recognised gains/losses						(46,357)	27,216	(19,141)	27,214
Other recognised gains/losses
Gains/(losses) on investment			assets
Realised							(24,998)	(24,998)	30,092
Unrealised							126,170	126,170	(384,742)
Gains/(losses) on land 8		property assets
Realised							0	0.00
Unrealised							1,341,717	1,341,717
NET MOVEMENT IN FUNDS						(46,357)	1,470,105	1,423,748	(327,436)
Balances brought forward		at
At the 1stJuly 2022						599,562	5,675,894	6,275,456	6,602,892
Balances carried forward at
At the 30th June 2023						F553205	87 145999	F7699204	f6275 456

				2023	2022
				8	6
Fixed Assets
Tangible assets			4	1,967,445	619,119
Investments			5	5,589,410	5,516,155
				7,556,855	6,135,274
Current Assets
Debtors				7,133	5,541
Short term deposits				0	0
Cash at bank and in		hand		143,685	140,765
				150,818	146,306
Creditors:	amounts	falling due within one year		(8,470)	(6,124)
Net Current	Assets			142,349	140,182
Total Amets less current liabilities				7,699,204	6,275,456
Net Assets				67699204	66275456
Funds
Unrestricted:
Designated				7,145,999	5,675,894
General unrestricted				553,205	599,562
				67 4796204	F6275456

2.Income 8 Endowments	2.Income 8 Endowments	2023		2022
Voluntary Income
Donations &Gifts		51,980		80,338
Legacies		27,216		32,750
			79,196		113,088
Activities for generating	funds
Bookstall		927	927	792	792
income From Charitable	Activities
Retreat Guests		13,665	13,665	7,059	7,059
Income from investments
Dividends		160,860	160,860	150,846	150,846
Other incoming resources
Miscellaneous		1,421	1,421	0	0
			E256 669		E271 765

Fo	r the year ended 30th June	2023
		Freehold
		Land and	Motor	Plant and
4	Tangible Fixed Assets	Buildings	Vehicles	Equipment	2023	2022
		F	E	E	E	E
	Cost/Revaluation
	At the 1stJuly 2022	608,283	17,269	244,934	870,487	870,487
	Additions	0	0	16,464	16,464
	Revaluation adjustments	1,341,717	0	0	1,341,717
	Disposals	0	0	0	0
	At the 30th June 2023	1,950,000	17,269	261,399	2,228,667	870,487
	Accumulated depreciation
	At the 1stJuly 2022		11,364	240,004	251,368	238,295
	Charge for the year		4,317	5,538	9,855	13,073
	Released in the year		0	0	0
	At the 30th June 2023	0	15,681	245,542	261,223	251,368
	Net book values
	At the 30th June 2023	f1 950 000	f1 500	315050	f1 907 5
	At the 30th June 2022	8608203	55905	04931		5619119

			2023	2022
			E	E
Southsea 7 Nelson Rd.
At valuation (note)			1,950,000	550,000
Add: Cost ofgarage (included	in valuation	for2023)	0	51,783
Grave plots (note)			6,500	6,500
			51 056 500	f608 283

				Total	Total
				2023	2022
5	Fixed asset	investments			F
	Market value
	At the 1stJuly 2022			5,443,876	5,802,862
	Additions (at cost)			402,549	637,878
	Disposals (at	sale price)		(425,758)	(642,218)
	Net gain/(loss)	on sales in year		(24,998)	30,092
	Net unrealised
	investment gains/(losses)			126,170	(384,742)
				5,521,840	5,443,874
	Add: cash awaiting investment			67,570	72,281
	Market Value	(see	below)
	At the 30th June 2023			E5,589,410	F5,516,155
	Cost Value
	At the 30th June 2023			f4,516,299	f4,578,123
				Total	Total
				2023	2022
	Analysis of	market value ofinvestments
	Fixed Interest			100,505	92,582
	Ordinary &variable		interest	5,421,335	5,351,292
				5,521,840	5,443,874
	Cash			67,570	72,281
				E5589410	P5516155

At 30th June 2023 investments	At 30th June 2023 investments	representing	representing	more than 5%by value ofthe	more than 5%by value ofthe	porffolio:
Name/Description
CBFofthe Church of England	Investment		Fund	Units	26.35%	f1,455,223

				2023	2022
	Gift Aid lax recoverable			173	272
	Prepayments	and other	debtors	6,960	5,269
				67,133	P5,541
9	Creditors:	Amounts	falling due within one year
				2023	2022
	PAYE, NIC	8 pension	contributions	485	494
	Other creditors			4,735	2,980
	Accruals			3,250	2,650
				F8,470	f.'6, 124

			incoming	Resources	Gains &
		At 1.7.22	resources	expended	losses	At 30.6.23
General fund		599,562	228,854	(275,210)	0	553,205
Designated	reserves fund	5,675,894	27,216	0	1,442,889	7,145,999
		6,275,456	256,069	(275,210)	1,442,889	7,699,204