| ~pa | |||
|---|---|---|---|
| Legal and Administrative | Information | 1-2 | |
| Report ofthe Trustees | 3-9 | ||
| Report ofthe Independent | Examiner | 10- 11 | |
| Statement ofFinancial Activities | 12 | ||
| Balance Sheet | 13-14 | ||
| Notes forming part ofthe | Financial | Statements | 15-25 |
| Account ofFunds Held in | Trust | 26-27 |
| Notes | Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |||
| 2023 | 2022 | |||||
| Incoming resources | f | |||||
| Activities for generating | funds; | |||||
| Recharges to Tenants | 38,933 | 38,933 | 34,524 | |||
| Income from Publications/Greeting | ||||||
| Cards | 104 | 104 | 177 | |||
| Donations | 471 | 471 | 773 | |||
| Investment Income |
163,756 | 6,261 | 170,017 | 156,983 | ||
| Total incoming resources | 203,264 | 6,261 | 209,525 | 192,457 | ||
| Less Costofgenerating | funds; | |||||
| Faith House Expenditure | 6 | 134,269 | 134,269 | 70,284 | ||
| Charitable Expenditure; |
||||||
| Grants Payable | 7 | 975 | 7,000 | 7,975 | 7,500 | |
| Other Charitable activities |
8 | 25,016 | 2,450 | 27,466 | 27,741 | |
| Total resources expended | 160,260 | 9,450 | 169,710 | 105,525 | ||
| NET INCOMING RESOURCES | 43,004 | (3,189) | 39,815 | 86,932 | ||
| Realised and unrealised | investment | |||||
| gains / (losses) | 9 | (53,110) | (7,747) | (60,857) | 128,168 | |
| Movement in total funds |
for the year; net | |||||
| income/expenditure for |
the year | 10 | (10,106) | (10,936) | (21,042) | 215,100 |
| Total funds brought forward |
1,727,392 | 227,225 | 1,954,617 | 1,739,517 | ||
| Total funds carried forward | 18 | 1,717,286 | 216,289 | 1,933,575 | 1,954,617 |
| T | M | C | 0 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| N~tes | 2023 | ~022 | ||||||||
| f | ||||||||||
| IXEDA | ET | |||||||||
| Tangible | 12 | 35,000 | 35,000 | |||||||
| Investments | 13 | 1,682,520 | 1,703,377 | |||||||
| Cash at Bank | 14 | 234,718 | 226,587 | |||||||
| Debtors | 15 | 2,125 | 7,993 | |||||||
| 236,843 | 234,580 | |||||||||
| Creditors; | Amounts | falling | ||||||||
| due within | one year | 16 | (20,788) | 18,340) | ||||||
| NET | NTA | S | 216,055 | 216,240 | ||||||
| 1,933,575 | 1,954,617 | |||||||||
| HEhHCEDXX: | ||||||||||
| Unrestricted | Funds | ]8 | 1,717,286 | 1,727,392 | ||||||
| Restricted | Funds | 18 | 216,289 | 227,225 | ||||||
| 1,933,575 | 1,954,617 |
| ~223 | 2022 | |||||
|---|---|---|---|---|---|---|
| 5.Incoming resources | f | f | ||||
| Rechar es to Tenants | of | Faith House | ||||
| Service charge | 38,933 | 34,524 | ||||
| Income from Publications/ | e tin | Ca ds | 104 | 177 | ||
| Donations | ||||||
| Donations received | 2 | |||||
| Gift aid | 238 | |||||
| Subscription s ~lt I |
468 471 |
533 773 |
||||
| dl d |
||||||
| Bank interest | 2,686 | 108 | ||||
| Investment income |
42,344 | 39,474 | ||||
| Rental ofFaith House | 117,386 | 110,899 | ||||
| Use ofDouglas Room | 1,340 | 580 | ||||
| 163,756 | 151,061 | |||||
| Restricted Funds | ||||||
| Bank interest; | ||||||
| Hoarc Trust | 42 | |||||
| Liddon Fund | 130 | |||||
| Investment income; |
||||||
| Hoare Trust | 463 | 449 | ||||
| Liddon Fund | 5,626 | 5,462 | ||||
| 6,261 | 5,922 | |||||
| 6.Faith House expenditure | ||||||
| General rates | 18,103 | 20,003 | ||||
| Water, electricity and | gas | 10,407 | 3,004 | |||
| Insurance | 5,343 | 6,045 | ||||
| Repairs and building | maintenance | 77,145 | 19,728 | |||
| Cleaning and washroom |
costs | 17,293 | 15,526 | |||
| Deed ofvariation rent |
5,978 | 5,978 | ||||
| 134,269 | 70,284 |
| 7. Grants Payable | 2023 f, |
2022f | ||||
|---|---|---|---|---|---|---|
| Unrestricted Funds |
||||||
| Publication Sponsorship |
975 | |||||
| Restricted Funds | ||||||
| Educational Grants |
—Liddon Fund | 7,500 | 7,500 | |||
| Needlework Grants |
—Hoare Trust | 1,000 | ||||
| 8,500 | 7,500 | |||||
| 8. Other Charitable | Activities | |||||
| Unrestricted Funds |
||||||
| Donation to Dean and Chapter ofWestminster | Abbey | 300 | 300 | |||
| Donation to St.George' s, | Headstone | 3,000 | ||||
| 300 | 3,300 | |||||
| Restricted Funds | ||||||
| Lecture Expenses - Liddon Fund | 250 | 250 | ||||
| Governance Costs |
||||||
| Unrestricted Funds |
||||||
| Travelling | 3,577 | 2,543 | ||||
| General Secretarial | expenses | 1,066 | 1,566 | |||
| Annual Return fee |
13 | 13 | ||||
| Legal &professional | fees | 4,211 | 4,877 | |||
| Secretary and Treasurer's | Honorarium | 13,000 | 12,000 | |||
| Accountancy Fees |
2,640 | 2,400 | ||||
| Bank Charges | 209 | 192 | ||||
| 24,716 | 23,591 | |||||
| Restricted Funds | ||||||
| Secretary and Treasurer's | Honorarium | - Liddon | Fund | |||
| Unrestricted Fund totals |
25,016 | 26,891 | ||||
| Restricted Fund totals |
950 | 850 |
| NOTES RELATING TO THE FINANCIAL | NOTES RELATING TO THE FINANCIAL | NOTES RELATING TO THE FINANCIAL | TAT | ENTS Continued | |
|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31STMARCH 2023 | |||||
| 2023 | 2022 | ||||
| f | f | ||||
| 9.Realised and unrealised | investment | ||||
| gains / (losses) | |||||
| Unrestricted Funds |
|||||
| Gain / (Loss) on revaluation | ofinvestment | ~(73,((0 | 111,222 | ||
| (53,110) | 111,222 | ||||
| Restricted Funds | |||||
| Gain / (Loss) on revaluation | ofinvestment | ||||
| Hoare Trust Liddon Fund |
(589) ~7,(88 ~(7,747 |
1,287 15,659 16,946 |
|||
| 10. Net income for | the year | ||||
| The surplus/(deficit) | on ordinary activities |
||||
| is stated after crediting the |
following; | ||||
| Operating Lease- | Faith House | 157,659 | 146,003 |
| 12. Tangibl |
e fixed | assets | Long | Total | ||||
| Leasehold | ||||||||
| Land and | ||||||||
| Buildings | ||||||||
| f | ||||||||
| Cost as at I April | 2022 and at 31March 2023 | 35,000 | 35,000 | |||||
| Depreciation as at |
I April 2022 | and at 31 | March 2023 | |||||
| Net book value | ||||||||
| As at 31 March 2022 and at 31March 2023 | 35,000 | 35,000 | ||||||
| 13. Investments |
Cost at | Additions | Cost at | Gross | Market | Market | ||
| 31.03.22 | 31.03.23 | Income | Value at | Value at | ||||
| 31.03.23 | 31.03.22 | |||||||
| Unrestricted Funds |
||||||||
| C.B.FInvestment | Fund | |||||||
| 62896.46 shares | 865,291 | 40,000 | 905,291 | 42,344 | 1,472,239 | 1,485,348 | ||
| Restricted Funds | ||||||||
| Heare Trust | ||||||||
| C.B.FInvestment | Fund | |||||||
| 748.53 shares | 6,494 | 6,494 | 463 | 15,974 | 16,563 | |||
| Liddon Fund | ||||||||
| C.B.FInvestment | Fund | |||||||
| 9105.17shares | 91,410 | 91,410 | 5,626 | 194,307 | 201,466 | |||
| 963,195 | 45,000 | 1,003,195 | 48,433 | 1,682,520 | 1,703,377 |
| 2023 | 2022 | ||
|---|---|---|---|
| 14.Cash at Bank | f | t: | |
| Unrestricted | Funds | ||
| Current Account | 85,836 | 128,874 | |
| C.B.F.Deposit Account | 140,674 | 88,517 | |
| 226,510 | 217,391 | ||
| Restricted Funds | |||
| Hoare Trust | 2,118 | 2,613 | |
| Liddon Fund | 6,090 | 6,583 | |
| 8,208 | 9,196 | ||
| 234,718 | 226,587 | ||
| 15.Debtors | |||
| Unrestricted | Funds | ||
| Prepayments | and Accrued Income | 2,125 | 7,993 |
| Other debtors | |||
| 2,125 | 7,993 | ||
| 16.Creditors | |||
| Amounts falling due within one year |
|||
| Unrestricted | Funds | ||
| Other Creditors | 20.788 | 38,340 |
| Analysis of | movements | in funds | |||||
|---|---|---|---|---|---|---|---|
| Funds | |||||||
| Balance | Investment | 31 March | |||||
| I April 2022 f |
Income f |
Expenditure | gain/(loss) | 2023 | |||
| Unrestricted | fund | 1,727,392 | 203,264 | 160,260 | (53,110) | 1,717,286 | |
| Hoare fund | 19,176 | 505 | 1,000 | (589) | 18,092 | ||
| Liddon Fund | 208,049 | 5,756 | 8,450 | (7,158) | 198,197 | ||
| 227,225 | 6,261 | 9,450 | (7,747) | 216,289 | |||
| Analysis ofmovements | in funds | ||||||
| Funds | |||||||
| Balance | Investment | 31 March | |||||
| I April 2021 | Income f |
Expenditure | gain/(loss) f |
2022 | |||
| Unrestricted | fund | 1,526,810 | 186,535 | 97,175 | 111,222 | 1,727,392 | |
| Hoare fund | 17,437 | 452 | 1,287 | 19,176 | |||
| Liddon Fund | 195,270 | 5,470 | 8,350 | 15,659 | 208,049 | ||
| 212,707 | 5,922 | 8,350 | 16,946 | 227,225 |
| 0 | ND | EXPE | 0 T |
|||||
|---|---|---|---|---|---|---|---|---|
| FORT E | E | MARCH 2023 | ||||||
| Notes | 2023 | 2022 | ||||||
| f | f | |||||||
| Investment | Income | 463 | 449 | |||||
| Bank Interest | 42 | 3 | ||||||
| Gain on revaluation | of | |||||||
| investment | assets | 1,287 | ||||||
| 505 | 1,739 | |||||||
| EXPENDITURE | ||||||||
| Charitable | Expenditure | |||||||
| Grants | Payable | 1,000 | ||||||
| Loss on revaluation | of | |||||||
| investment | assets | 589 | ||||||
| Surplus /(Deficit) | for Year | (1,084) | 1,739 |
| BLtLAI4CE | SHEET | |
|---|---|---|
| AT 31ST | 2 | 3 |
| FIXEDASSETS | FIXEDASSETS | |||
|---|---|---|---|---|
| Investments | 13 | 15,974 | 16,563 | |
| C~UNTASSETS | ||||
| Cash at Bank | 14 | 2,118 | 2,613 | |
| 18,092 | 19,176 | |||
| ~PRE555IEDJQ': | ||||
| Accumulated | Fund Brought Forward | 18 | 19,176 | 17,437 |
| Add; Sutp)us | for Year | 18 | (1,084) | 1,739 |
| 18,092 | 19,176 |