| 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 | |||
| 2023 | 2022 | |||||
| Incoming resources | ||||||
| Income from: | ||||||
| Donations | 19,556 | 19„556 | ||||
| Investment income |
51,539 | 27,847 | 79,386 | 72,677 | ||
| Total income | 71,095 | 27,847 | 98,942 | 72,677 | ||
| Resources expended | ||||||
| Expenditure on: |
||||||
| Raising funds | 4,381 | 2,541 | 6,922 | 5,521 | ||
| Charitable activities |
7,564 | 7,564 | 6,670 | |||
| Donations and grants |
22,428 | 25,131 | 47,559 | 33,254 | ||
| Support costs | 2,630 | 1,611 | 4,241 | 4,552 | ||
| Total expenditure | 37,003 | 29,283 | 66,286 | 49,997 | ||
| Net income/(expenditure) | before | |||||
| investments gains/(losses) |
34,092 | (1,436) | 32,656 | 22,680 | ||
| Transfer between | funds | (1,123 | 1,123 | |||
| 32,969 | (313) | 32,656 | 22,680 | |||
| Net Gains/(losses) | on investments | 145,494 | 34,409) | 111,085 | 18,165 | |
| Net Movement in funds |
178,463 | {34,722) | 143,741 | 40,845 | ||
| Reconciliation offunds: | ||||||
| Total funds brought | forward | 633,448 | 376,371 | 1,009,819 | 968,974 | |
| Total funds carried forward | 811,911 | 341,649 | 1,153,560 | 1,009,819 |
| AS AT 31MAY 202 | 3 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Note | Funds | Funds | Funds | Funds | ||
| 2023 | 2022 | |||||
| Fixed assets | ||||||
| Investments | 745,998 | 318,985 | 1,064,983 | 953,898 | ||
| Total fixed assets | 745,998 | 318,985 | 1,064,983 | 953,898 | ||
| Current assets | ||||||
| Debtors | 2,750 | 2,750 | 11,779 | |||
| Cash at bank and in hand | 66,580 | 26,528 | 93,108 | 51,402 | ||
| Total current assets | 69,330 | 26,528 | 95,858 | 63,181 | ||
| Creditors: amounts |
falling due within | |||||
| one year | (3,417) | (3,864) | (7,281) | (7,260) | ||
| Net current assets | 65,913 | 22,664 | 88,577 | 55,921 | ||
| Total net assets | 811,911 | 341,649 | 1,153,560 | 1,009,819 | ||
| Funds ofthe charity | ||||||
| Restricted income funds | 341,649 | 341,649 | 376,371 | |||
| Unrestricted income |
funds | 811,911 | 811,911 | 633,448 | ||
| Total charity funds | 811,911 | 341,649 | 1,153,560 | 1,009,819 |
| Analysis ofIncome | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | 2022 | |
| Funds | Funds | Funds | Total Funds | |
| Donations | ||||
| Donations/Legacies | 19,556 | 19,556 | ||
| Income from investments | ||||
| Interest received | 2 | 6 | 8 | |
| Dividend income |
15,067 | 18,848 | 33,915 | 31,089 |
| Rental and leasing income | 36,470 | 8,993 | 45,463 | 41,588 |
| 71,095 | 27,847 | 98,942 | 72,677 |
| Analysis ofexpenditure | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | 2022 | ||
| Funds | Funds | Funds | Total Funds | ||
| Expenditure on raising funds Property expenses |
4,381 | 2,541 | 6,922 | 5,521 | |
| Expenditure on charitable Minibus expenses |
activities | 6,552 | 6,552 | 5,750 | |
| Church activities | 1,012 | 1,012 | 920 | ||
| 7,564 | 7,564 | 6,670 | |||
| Donations and grants (see |
note 6) | 22,428 | 25,131 | 47,559 | 33,254 |
| Support costs Office costs |
1,489 | 372 | 1,861 | 2,113 | |
| Accountancy Legal and professional |
750 391 |
750 489 |
1,500 880 |
1,500 939 |
|
| 2,630 | 1,611 | 4,241 | 4,552 | ||
| Total expenditure | 37,003 | 29,283 | 66,286 | 49,997 |
| Details ofcertain items ofexpenditure | Details ofcertain items ofexpenditure | |||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Fees for the examination ofthe |
accounts | |||||
| Independent examination fees |
1,500 | 1,500 | ||||
| Donations and grants |
||||||
| Grants to | ||||||
| Institutions | ||||||
| Analysis ofgrants paid | ||||||
| St Peter's Church Council —to assist with loan repayments |
9,646 | |||||
| StPeter's Church —for specific maintenance St Peter's Church —Pilgrimage Fund Baby Basics Plymouth StThomas —Loan written off |
projects/running | costs | 24,795 1,000 339 11,779 |
|||
| 47,559 | ||||||
| Fixed asset investments | ||||||
| Movement in fixed asset investments |
Listed | Investment | 2022 | |||
| Investments | Properties | Total | Total | |||
| Market value brought forward Gain/(loss) on revaluation Market value carried forward |
635,898 61,915) 573,983 |
318,000 173,000 491,000 |
953,898 111,085 1,064,983 |
935,733 18,165 953,898 |
||
| 2023 | 2022 | |||||
| Investments at fair value composed: |
||||||
| Listed investments | 573,983 | 635,898 | ||||
| Investment properties |
491,000 1,064,983 |
318,000 953,898 |
| 8. | Debtors | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Other debtors | 2,750 | 11,779 | ||
| 9. | Creditors: Amounts | falling due within one year | ||
| 2023 | 2022 | |||
| Other creditors | 1,952 | 1,944 | ||
| Accruals and deferred | income | 5,329 | 5,316 | |
| 7,281 | 7,260 |
| Analysis offund | movements | Balance | Investment | Balance | ||
|---|---|---|---|---|---|---|
| B/fwd | Income | Expenditure | Gains/transfers | C/fwd | ||
| StPeters Hostel | for Men- | |||||
| Restricted General reserve |
—Unrestricted | 376,371 633,448 |
27,847 71,095 |
29„283 37,003 |
(33,286) 144,371 |
341,649 811,911 |
| 1,009,819 | 98,942 | 66,286 | 111,085 | 1,153,560 |
| Analysis ofchar | itable funds - |
previous ye | ar | |||
|---|---|---|---|---|---|---|
| Balance | Investment | Balance | ||||
| B/fwd | Income | Expenditure | Losses/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 |