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|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|
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|||||||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|
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||||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||||||
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|2 Donations|2 Donations|and legacies|2022|2021|
|---|---|---|---|---|
||||Total|Total|
|Donations|and|legacies||4,182|
|||||4,182|
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|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|
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||||2022|2021|
|---|---|---|---|---|
||||Total|Total|
|Bank interest|||335|29|
|Dividends|and interest|on listed investments|19,385|61,436|
||||19,720|61,465|
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|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|
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|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|
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|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|
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||||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|
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||||||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||
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||||||||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|
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|||||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|
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