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2021-12-31-accounts

THE CLERG THE CLERG Y REST FUND
FULL NAME OF CHARITY The Clergy Rest Fund.
GOVERNING INSTRUMENT Will ofEleanor Steel dated 4th March 1919.
DATE OF REGISTRATION 1st January 1961
REGISTERED CHARITY NO. 233436
TRUSTEES OF CHARITY DURING YEAR Timothy John Briden
ENDING 31STDECEMBER 2021 157Tumey Road
London
SE21 7JU
Sarah Frances Jones QC
11 Oakview Gardens
London
N2 ONJ
Aiden Richard Hargreaves-Smith
York House
92St Paul's Road
London
N12QP
PRINCIPAL ADDRESS Minerva
House
5 Montague Close
London
SE19BB
SOLICITORS TO THE CHARITY Winckworth Sherwood LLP
BANKERS TO THE CHARITY Winckworth Sherwood LLP
Client current and deposit accounts (with
Lloyds Bank)
INDEPENDENT
EXAMINERS
Newton 6Garner Limited
Building 2
30Friern Park
North Finchley
London
N12 9DA
AREA OF BENEFIT G1 - Grant maker to institutions. This is a
charity,
which
makes
grants (whether in
cash or in kind) to charitable and/or to non-
charitable organisations as a way of
providing
benefits.
G2 - Grant maker to individuals. This is a
charity,
which
makes
grants (whether in
cash or in kind) to individuals as a way of
providing
benefits.
INVESTMENT POWERS Wide
APPOINTMENT
OF
Contained in Clause 10(g)of the Will —"my
TRUSTEES trustees or trustee may appoint any persons
not
being
less
than
three in number of
whom
both
or either of my trustees may be
one or more
to be trustees
of the Clergy

CONTENTS
PAGE
REPORT TO THE TRUSTEES
INDEPENDENT
EXAMINERS REPORT
GENERAL INFORMATION 3-4
FINANCIAL STATEMENTS
Notes to the Financial Statements
Balance Sheet
Statement
of Financial
Activities
Capital Account
Income Account
Schedule of Distributions 10-11
Schedule ofCreditors 12
Schedule ofStocks and Shares 13-17

BALANCE SHEET
AS AT31STDECEMBER 2021
2021 2020
Stocks and shares 1,281,581.00 1,161,797.00
Winckworth
Sherwood
client deposit
account (1,626.26) 5,828.86
Deposits held for personal allocations as follows:-
Timothy John Briden 1,090.00 1,090.00
Aiden Richard Hargreaves-Smith 2,290.00 2,290.00
Sarah Frances Jones QC 1,590.00 1,590.00
Investec Wealth 8 Investments cash held 6,446.51 5,534.89
Less:—
Creditors - per schedule
on
page 12 (8,960.00) (9,850.00)
F1,282,411.25 L'1,168,280.75
This is represented
by:—
CAPITAL ACCOUNT (Page 8) 1,282,411.25 1,168,280.75
INCOME ACCOUNT (Page 9) 0.00 0.00
L'1,282,411.25 f1,168,280.75

31STDECEMB ER 2021
Income and Ex enditure ~Ca
ital
income Total Funds 2020
Investment
income
0.00 25,268.82 25,268.82 23,960.55
Donations 0.00 0.00 0.00 0.00
Transfer 25,249.47 0,00 25,249.47 23,586.05
Gross interest 0.00 0.00 0.00 0.00
Total incoming resources 25,249.47 25,268.82 50518.29 47,546.60
Resources used
Direct charitable ex enditure
Distributions
made (Schedule on
page 10) 24,300.00 0.00 24,300.00 20,470.00
Other expenditure 0.00 0.00 0.00 0.00
Transfer 0.00 25,249.47 25,249.47 23,586.05
Administration
costs
25,571.74 0.00 25,571.74 24,461.69
Dividends
accumulated
0.00 19.35 19.35 374.50
Total resources used 49,871.74 25268.82 75,140.56 68,892.24
Net incomin
I out
oin
resources
hath (24,622.27) 0.00 (24,622.27) (21,345.64)
Other reco nised
sins and losses
Gains and losses on investments:-
Realised 5,862.58 0.00 5,862.58 (5,871.69)
Unrealised 132,890.19 0.00 132890.19 22338.88
Net movement
in funds
114,130.50 0.00 114,130.50 (4,878.45)
Balances brought
forward
at
tstJanuary
2021
1,168,280.75 0.00 1,168,280.75 1,173,159.20
Balances carried forward at
31stDecember 2021 f1,282,411.25 f0.00 f1,282,411.25 F1,168280.75

2021 2020
Balance brought forward at 1stJanuary 2021 1,168,280.75 1,173,159.20
Add:—
Revaluation
ofstocks and shares
132,890.19 22,338.88
Transfer from income 25,249.47 23,586.05
Profit on sale ofstock and shares (Page 17) 5,862.58 5,871.69
1,332,282.99 1,213,212.44
Less:-
Winckworth
Sherwood
—Legal, accountancy, taxation and
administration
charges
and disbursements 10,850.00 10,650.00
VAT thereon 2,170.00 2,130.00
Bank and photocopying charges 75.12 150.84
Newton
8 Garner audit
fees 975.00 875.00
VAT thereon 195.00 175.00
Distributions
(Page 10)
24,300.00 20,470.00
Investec Wealth
& Investment
investment
management
charges 11,306.62 10,480.85
Balance carried forward at 31stDecember 2021 F1,282,411.25 E1,168,280.75

2021 2020
Balance brought forward at 1stJanuary 2021 0.00 0.00
Dividends and interest (Page 17) 25,268.82 23,960.55
Gross interest 0.00 0.00
25,268.82 23,960.55
Less:-
Dividends Accumulated 19.35 374.50
Transfer to capital 25,249.47 23,586.05
Balance carried forward as at31stDecember 2021 f0.00 f0.00
Total
Bishop ofLiverpool 1,250.00
Bishop of London 1,250.00
Bishop ofManchester 1,250.00
Bishop ofNewcastle 2,500.00
Bishop of Oxford 1,250.00
Bishop ofPeterborough 1,250.00
Bishop of Portsmouth 1,250.00
Bishop ofLeeds 2,000.00
Bishop ofRochester 1,250.00
Bishop ofSt.Edmundsbury 8 Ipswich 1,250.00
Bishop ofSalisbury 1,250.00
Bishop ofSheffield 1,250.00
Bishop of Southwark 1,250.00
Bishop ofSouthwell and Nottingham 1,250.00
Bishop ofTruro 1,250.00
Rev. Naude 1,000.00
Rev. Fitzpatrick 600.00
Rev. Trinder 750.00
Rev. Marsh 500.00
Rev. Devadason 700.00
Total distributed f24,300.00

SF AR TJ
J ~H« -S
ith
~ 'd Total
Balance brought forward 1,590.00 2,290.00 1,090.00 4,970.00
Add allocation 0.00 0.00 0.00 0.00
1,590.00 2,290.00 1,090.00 4,970.00
Less distributions
Balance carried forward E1,590.00 E2,290.00 K1,090.00 E4,970.00

2021 2020
Funds available for distribution:-
ARHS - see page 11 2,290.00 2,290.00
TJB - see page 11 1,090.00 1,090.00
SFJ - see page 11 1,590.00 1,590.00
Distribution
to the Bishop of
Blackburn 0.00 1,250.00
Newton
&Garner audit fees
975.00 875.00
VAT thereon 195.00 175.00
Legal, accountancy, taxation and
administration
charges and
disbursements 2,350.00 2,150.00
VAT thereon 470.00 430.00
f8,960.00 f9,850.00
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20 OI

THE CLERG THE CLERG Y REST FUND
FULL NAME OF CHARITY The Clergy Rest Fund.
GOVERNING INSTRUMENT Will ofEleanor Steel dated 4th March 1919.
DATE OF REGISTRATION 1st January 1961
REGISTERED CHARITY NO. 233436
TRUSTEES OF CHARITY DURING YEAR Timothy John Briden
ENDING 31STDECEMBER 2021 157Tumey Road
London
SE21 7JU
Sarah Frances Jones QC
11 Oakview Gardens
London
N2 ONJ
Aiden Richard Hargreaves-Smith
York House
92St Paul's Road
London
N12QP
PRINCIPAL ADDRESS Minerva
House
5 Montague Close
London
SE19BB
SOLICITORS TO THE CHARITY Winckworth Sherwood LLP
BANKERS TO THE CHARITY Winckworth Sherwood LLP
Client current and deposit accounts (with
Lloyds Bank)
INDEPENDENT
EXAMINERS
Newton 6Garner Limited
Building 2
30Friern Park
North Finchley
London
N12 9DA
AREA OF BENEFIT G1 - Grant maker to institutions. This is a
charity,
which
makes
grants (whether in
cash or in kind) to charitable and/or to non-
charitable organisations as a way of
providing
benefits.
G2 - Grant maker to individuals. This is a
charity,
which
makes
grants (whether in
cash or in kind) to individuals as a way of
providing
benefits.
INVESTMENT POWERS Wide
APPOINTMENT
OF
Contained in Clause 10(g)of the Will —"my
TRUSTEES trustees or trustee may appoint any persons
not
being
less
than
three in number of
whom
both
or either of my trustees may be
one or more
to be trustees
of the Clergy