| CONTENTS | Page | |
|---|---|---|
| Trustees and Advisors | ||
| Trustees' Report | 2/5 | |
| Report ofthe Independent | Examiner | |
| Statement ofFinancial Activities |
| Note Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||||
| 2022 | 2021 | ||||||
| Incoming resources | |||||||
| Income from: | |||||||
| Donations | 23 | ||||||
| Investment income |
55,400 | 17,277 | 72,677 | 65,559 | |||
| Total income | 55,400 | 17,277 | 72,677 | 65,582 | |||
| Resources expended | |||||||
| Expenditure on: |
|||||||
| Raising funds | 5,521 | 5,521 | 8,910 | ||||
| Charitable activities |
6,670 | 5,231 | |||||
| Donations and grants |
21,235 | 12,019 | 33,254 | 64,437 | |||
| Support costs | 2„858 | 1,694 | 4,552 | ||||
| Total expenditure | 36,284 | 13,713 | 49,997 | 81,990 | |||
| Net income/(expenditure) | before | ||||||
| investments gains/(losses) |
19,116 | 3,564 | 22,680 | (16,408) | |||
| Transfer between | funds | 6,202 | 6,202 | ||||
| 12,914 | 9,766 | 22,680 | (16,408) | ||||
| Net Gains/(losses) | on investments | 8,070 | 10,095 | 18,165 | 141,350 | ||
| Net Movement in funds |
20,984 | 19,861 | 40,845 | 124,942 | |||
| Reconciliation offunds: |
|||||||
| Total funds brought | forward | 612,464 | 356,510 | 968,974 | 844,032 | ||
| Total funds carried | forward | 633,448 | 376,371 | 1,009,819 | 968,974 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| Note | Funds | Funds | Funds | Funds | ||
| 2022 | 2021 | |||||
| Fixed assets | ||||||
| Investments | 600,504 | 353,394 | 953,898 | 935,733 | ||
| Total fixed assets | 600504 | 353,394 | 953 898 | 935733 | ||
| Current assets |
||||||
| Debtors | 8,294 | 3,485 | 11,779 | 11,848 | ||
| Cash at bank and in hand | 27,690 | |||||
| 28,067 | 23,335 | 51,402 | ||||
| Total current assets | 36,361 | 26,820 | 63,181 | 39,538 | ||
| Creditors: amounts |
falling due within | |||||
| one year | (3,417) | (3,843) | (7,260) | (6,297) | ||
| Net current assets | 32,944 | 22,977 | 55,921 | 33,241 | ||
| Total net assets | 633,448 | 376,371 | 1,009,819 | 968,974 | ||
| Funds ofthe charity | ||||||
| Restricted income funds | 376,371 | 376,371 | 356,510 | |||
| Unrestricted income |
funds | 633,448 | 633,448 | 612,464 | ||
| Total charity funds | 633,448 | 376,371 | 1,009,819 | 968,974 |
| Analysis ofIncome | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | 2021 | |
| Funds | Funds | Funds | Total Funds | |
| Donations | ||||
| Donations/Legacies | ||||
| Income from investments | ||||
| Interest received | 1 | |||
| Dividend income |
13,812 | 17,277 | 31,089 | 27,051 |
| Rental and leasing income | 41,588 | 41,588 | 38,507 | |
| 55,400 | 17,277 | 72,677 | 65,582 |
| Unrestricted | Restricted | Total | 2021 | |||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Total Funds | |||
| Expenditure | on raising funds | |||||
| Property | expenses | 5,521 | 5,521 | 8,910 | ||
| on charitable | activities | |||||
| Minibus | expenses | 5,750 | 5,750 | 5,056 | ||
| Church | activities | 920 | 920 | 175 | ||
| 6,670 | 6,670 | 5,231 | ||||
| Donations | and grants (see | note 6) | 21,235 | 12,019 | 33,254 | 64,437 |
| Support costs | ||||||
| Office costs | 1,691 | 422 | 2,113 | 1,165 | ||
| Accountancy | 750 | 750 | 1,500 | 1,440 | ||
| Legal and professional | 417 | 522 | 939 | 807 | ||
| 1,694 | 4,552 | 3,412 | ||||
| Total expenditure | 36,284 | 13,713 | 49,997 | 81,990 |
| 5. | Details ofcertain items ofexpenditure | Details ofcertain items ofexpenditure | Details ofcertain items ofexpenditure | |||||
|---|---|---|---|---|---|---|---|---|
| 2021 | ||||||||
| Fees for the examination | ofthe accounts | |||||||
| Independent examination |
fees | 1,500 | 1,440 | |||||
| 6. | Donations and grants |
|||||||
| Grants to | ||||||||
| Institutions | ||||||||
| Analysis ofgrants paid | ||||||||
| StPeter's Church Council | —to assist with loan repayments | 27,439 | ||||||
| StPeter's Church —for specific maintenance | projects/running | costs | 5,629 | |||||
| StPeter's CofEPnmary | School —for pupil | activities | 186 | |||||
| 33,254 | ||||||||
| 7. | Fixed asset investments | |||||||
| Movement in fixed asset investments |
Listed | Investment | 2021 | |||||
| Investments | Properties | Total | Total | |||||
| Market value brought forward |
617,733 | 318,000 | 935,733 | 794,383 | ||||
| Gain/(loss) on revaluation |
18,165 | 18,165 | 141,350 | |||||
| Market value carried forward | 635,898 | 318,000 | 953,898 | 935,733 | ||||
| 2022 | 2021 | |||||||
| Investments at fair value comprised: |
||||||||
| Listed investments | 635,898 | 617,733 | ||||||
| Investment properties |
318,000 | 318,000 | ||||||
| 953,898 | 935,733 |
| 8. | Debtors | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Other debtors | 11,779 | 11,848 | |||
| 9. | Creditors: Amounts | falling due within | one year | ||
| 2022 | 2021 | ||||
| Other creditors | 1,944 | 1,440 | |||
| Accruals and deferred | income | 5.316 | 4,857 | ||
| 7,260 | 6,297 |
| Analysis ofcharitable funds |
Analysis ofcharitable funds |
|||||
|---|---|---|---|---|---|---|
| Analysis offund movements | ||||||
| Balance | Investment | Balance | ||||
| B/fwd | Income | Expendittne | Gains/transfers | C/fwd | ||
| StPeters Hostel | for Men- | |||||
| Restricted | 356,510 | 17,277 | 13,713 | 16,297 | 376,371 | |
| General reserve | —Unrestricted | 612,464 | 55,400 | 36,284 | 1,868 | 633,448 |
| 968,974 | 72,677 | 49,997 | 18,165 | 1,009,819 |
| Analysis ofcharitable funds |
-previous ye | ar | |||
|---|---|---|---|---|---|
| Balance | Investment | Balance | |||
| B/fwd | Income | Expenditure | Losses/transfers | C/fwd | |
| StPeters Hostel for Men- | |||||
| Restricted | 271,328 | 15,034 | 29,048 | 99,196 | 356,510 |
| Generalreserve-Unrestricted | 572,704 | 50,548 | 52,942 | 42,154 | 612,464 |
| 844,032 | 65,582 | 81,990 | 141,350 | 968,974 |