2022-08-31-accounts

Year ended 31 August 2022	Year ended 31 August 2022	Year ended 31 August 2022
Gontents			Page
Report of the	Trustees
Independent	Examiner's	Report to the Trustees
Statement of	Financial	Activities (SOFA)	10
Balance Sheet
Notes forming	part of the Financial Statements		12

						Unrestricted	Unrestricted	Funds
						General	Oesignated		Total	Total
					Note				2022	2021
						f			f.
Income
Donations and legacies										4,182
Incoming from charitable		activities			3	37,529			37,529	49,981
Income from investments					4	19720			19,720	61,465
Other income					5	6460			6,460
Total income						63,709			63,709	115,628
Expenditure
Expenditure on charitable		activities			6	104873			104,873	52,282
Expenditure of raising funds					7	6973			6,973	6,906
Other expenditure
Total expenditure						111,846			111,846	59,188
Net gain/ (loss) on	investment			assets	9	(82,910)			(82,910)	60,915
Net income I(expenditure}						(131,047}			(131,047}	117,355
Transfers between	funds				13	509,303	(509,303)
Other recognised Gain on revaluation	gains/(losses): of fixed assets					1,127,946			1,127,946
Net movement in	funds					1,506,202	(509,303)		996,899	117,355
Reconciliation of	funds
Total funds at 1 September			2021				1,846,418		1,846,418	1,729,063
Total funds at 31	August		2022		13	1,5Q6,2Q2	1,337,115		2,843,317	1,846,418

			Notes	2022	2021f
Fixed assets
Tangible			8	1,522	509,303
Investments			9	836,447	933,541
				837,969	1,442,844
Current assets
Oebtors			10	1,385	4,384
Cash at bank and in hand			11	2,0Q8,583	403,390
				2,Q09,968	407,774
Current liabilities
Creditors: amounts	falling due within one year		12	(4,620)	(4,200)
Net current assets				2,Q05,348	403,573
Net assets				2,843,317	1,846,418
The funds ofthe charity:
Unrestricted designated		funds
Tangible fixed	assets fund				509,303
Other				1,337,115	1,337,115
			13	1,337,115	1,846,418
Unrestricted general	fund		13	1,5Q6,202
Total charity funds				2,843,317	1,846,418
Approved by the Board of Trustees on					and signed on its
behalf by:
Sister Stella Joyce	(Trustee)
S

2 Donations	2 Donations	and legacies	2022	2021
			Total	Total
Donations	and	legacies		4,182
				4,182

3 Income fr	om	charitable activities
				2022	2021
				Total	Total
				f.
Donated earnings Diocese		of members		37,529	39,221 10,680
Contributions	received for courses and meeting		rooms		80
				37,259	49,981

			2022	2021
			Total	Total
Bank interest			335	29
Dividends	and interest	on listed investments	19,385	61,436
			19,720	61,465

5 Other income
			2022	2021
			Total	Totalf
Sundry income			6,46Q
			6,460
All other income was general	unrestricted	and undesignated	in 2022 and 2021.

Charitable activities	Charitable activities	2Q22	2021
		Total	Total
Charitable donations		790	455
Rent		14,400
Office costs Food		370 1,787	301 3,216
Chapel and	books		129
Studies and	conferences
Travel		3,585	1,099
Water		5Q9
Motor		1 233
Household		1 171	2,607
Gifts		181	373
Rates		2,03Q	1,511
Energy Repairs and Insurance	maintenance	3,848 1 237 1 271	9,007 7,355 6,350
Sundries		621	7,653
Telephone Depreciation Bank charges Contribution to retired sisters living costs Governance costs (See note 6a)		1,886 374 171 64,789 4,620	1,268 6,315 83 4,560
Total expenditure		104,873	52,282

6a	Governance	costs
				2022	2021
				Total	Total
				f	F
	Accountancy	services		3,5QO	3,000
	Independent	examiner's	fee	1,12Q	900
	Legal fees				660
	Total expenditure			4,620	4,560
7	Expenditure	on raising	funds	2022	2021
				Total	Total
	Investment	costs		6,973	6,906
				6,973	6,906

Tangible Fixed	assets
				Fixtures
		Freehold	Motor	and
		property	vehicles	equipment	Total
		f.	F	E
Gost / valuation
At 1 September	2021	635,11?	18,984	36,292	690,393
Additions
Revaluation		1,000,236			1,000,236
Disposals		(1,635,353)			(1,635,353)
At 31 August 2022			18,984	36,292	55,276
Depreciation
At 1 September	2021	127,710	18,729	34,651	181,090
Charge for year			46	328	374
Adjustment on revaluation		(127,710)
At 31August 2022			1&,775	34,979	53,754
Net book amounts
At 31August 2022			209	1 313	1,522
At 31 August 2021		507,407	255	1,641	509,303

			2Q22	2021
Market value	at 1 September 2021		933,541	872,626
Acquisitions	at cost
Disposals at	opening book value		(14,00Q)
Redemptions	at opening book value
Net gains/(losses) on revaluations		in the year	(82,910)	60,915
Market value	at 31 August 2022		836,631	933,541

					Total	Total
					Funds	Funds
					2022f	2Q21
	Listed investments
	UK Government fixed		interest		129,369	141,139
	Other UK	quoted fixed	interest		12,708	16,060
	Overseas	fixed interest			77,724	67,09?
	UK quoted	investment	companies		173,710	211,193
	International bond funds				206,516	236,856
	UK quoted	investment	and unit trusts		99,166	103,368
	Overseas	quoted equities			137,070	15?,644
					836,223	933,357
	Treasury deposits				184	184
					836,447	933,541
	Investments	in individual		entities held at	31 August 2022 which exceed 5'/o of	the portfolio	by
	value are:
							E
	Treasury	2.5'/0 Stock 17/07/24				83,061
	Uk (Govt	of)4.125/o I/L		Stk 22/07/30		46,308
	Pimco Global Advis Gbl			Inv Grad Cred	Hgd Instl	?9,350
	Fll Inv Svcs UK Money			Builder Income	I GBP	51,448
	BNV Mellon Fd Mngr Gbl Dynamic Bd				Exempt 3GBP	43,692
					2Q22	2Q21
10	Debtors
	Prepayments and accrued interest				1,385	4,384

							2Q22	2021
11	Cash at	Bank and in	Hand
	Deposit Cash in	accounts hand					1,9&6,883 1,900	389,076 1,541
	Investment dealing accounts						19,800	12,773
							2,008,583	403,390
								2021
								f.
12	Creditors: Amounts Accruals		Falling	Due	Within One Year		4,620	4,200
13	Analysis	of Net Assets between			Funds	Designated f	General	Total
	Fund Balances at 31		August	2022	are represented	by:
	Tangible fixed assets Investments					836,447	1,522	1,522 836,447
	Current	assets				500,668	1,509,300	2,QQ9,968
	Current	liabilities					(4,620)	(4,620}
						1,337,115	1,506,202	2,843,317
	Designated funds comprise the following:
				Tangible fixed		Retirement	Financing	Total
					assets fund	fund	fund
	Opening balance Movement in year				509,303 (509,303)	1,037,115	300,000	1,846,418 (509,303}
	Closing	balance				1,037,115	300,0QO	1,337,115

				Designated	General	Total
				E		E
Fund Balances at 31 August 2021 are represented				by:
Tangible	fixed assets			509,303		509,303
Investments				1,337,115	(403,571)	933,544
Current	assets				407771	40?,771
Current	liabilities				(4,200)	(4,200)
				1,846,418		1,846,418
Designated funds comprise the following:
		Tangible	fixed	Retirement	Financing
		assets	fund	fund	fund
			E	E
Opening	balance	515,618		913,445	300,000	1,729,063
Movement in year		(6,315)		123,670		117,355
Closing	balance	5Q9,303		1,037,115	300,00Q	1,846,418