2021-03-31-accounts

Trustees	The Lord Bishop of	The Lord Bishop of	Chelmsford	Chelmsford
	The Right Reverend		the Bishop		of Barking
	The Right Reverend		the Bishop		of Bradwell
	The Right Reverend		the Bishop		ofColchester
	The Very Reverend		the Dean	ofChelmsford
	The Venerable	the Archdeacon			of Barking
	The Venerable	the Archdeacon			ofChelmsford
	The Venerable	the Archdeacon			ofColchester
	The Venerable	the Archdeacon			of Harlow
	The Venerable	the Archdeacon			ofStansted
	The Venerable	the Archdeacon			ofSouthend
	The Venerable	the Archdeacon			ofWest Ham
	The Lay Chair	ofChelmsford		Diocesan Synod
	Barking Episcopal Area Lay Representative
	Barking Episcopal Area Clergy				Representative
	Bradwell Episcopal		Area Lay Representative
	Bradwell Episcopal		Area Clergy		Representative
	Colchester Episcopal Area Lay				Representative
	Colchester Episcopal Area Clergy Representative
	LMDC Charity	Hon	Secretary
	LMDC Charity	Hon	Treasurer
	LMDC Charity	Hon	Assistant Secretary
Secretary	Revd Canon Martin		Wood
Charity number	239238
Principal address	Guy Harlings
	53 New Street
	Chelmsford
	Essex
	CM1 1AT
Auditor	LBGroup Limited (Chelmsford)
	Swift House
	Ground Floor
	18Hoffmanns	Way
	Chelmsford
	Essex
	UK
	CM1 1GU
Bankers	Barclays Bank	Pic
	59Newham Street
	Witham
	Essex
	CM8 2AJ

		Page
Trustees' report		1-5
Statement oftrustees'	responsibilities
Independent auditor's	report	7- 10
Statement offinancial	activities
Balance sheet		12
Statement ofcash flows		13
Notes to the financial	statements	14-19

				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
			Notes	2021	2021 F	2021	2020	2020f	2020
Income from:
Donations				18,648		18,648	35,666		35,666
Investments				21,007	819	21,826	21,431	830	22,261
Total income				39,655	819	40,4T4	57,097	830	57,927
Ex enditure on:
Charitable activities			5	47,196		47,196	59,308	168	59,476
Net gains/(losses)		on
investments				122,263	4,776	127,039	(29,800)	(1,166)	(30,966)
Net movement	in	funds		114,722	5,595	120,317	(32,011)	(504)	(32,515)
Fund balances	at 1
April 2020				626,868	30,459	657,327	658,879	30,963	689,842
Fund balances	at	31
March 2021				741,590	36,054	777,644	626,868	30,459	65T,327

						2021		2020
					Notes
Fixed assets
Investments							716,230		599,191
Current assets
Debtors					10			338
Cash at bank	and	in	hand			61,573		57,907
						61,573		58,245
Creditors: amounts			falling	due within
one year						(159)		(109)
Net current assets							61,414		58,136
Total assets	less	current		liabilities			777,644		657,327
Income funds
Restricted funds							36,054		30,459
Unrestricted	funds						741,590		626,868
							777,644		657,327

					2021			2020
				Notes
Cash flows from operating			activities
Cash absorbed		by operations				(28,160)			(22,844)
Investing	activities
Proceeds	on disposal of investments				10,000		10,000
Interest received					21,826		22,261
Net cash	generated from investing
activities						31,826			32,261
Net cash	used	in financing	activities
Net increase in		cash and	cash equivalents			3,666			9,417
Cash and	cash	equivalents	at beginning	ofyear		57,907			48,490
Cash and	cash	equivalents	at end of	year		61,573			57,907

			Unrestricted	Unrestricted
			funds	funds
			2021	2020
Donations	and	gifts	18,648	35,666

	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	funds	funds		funds	funds
	2021	2021	2021	2020	2020	2020
				E	E
Income from listed
investments	21,007		21,007	21,431		21,431
Income from unlisted
investments		819	819		830	830
	21,007	819	21,826	21,431	830	22,261

			2021	2020
Activities	undertaken	directly	42,133	53,979
Share of	support costs (see note 6)		51	1,426
Share of	governance	costs (see note 6)	5,012	4,071
			47,196	59,476
Analysis	by fund
Unrestricted funds			47,196	59,308
Restricted	funds			168

Support costs
	Support	Governance	2021	Support	Governance	2020
	costs	costs		costs	costs
Committee expenses	11		11	1,286		1,286
Bank charges	40		40	140		140
Audit fees		2,394	2,394		2,226	2,226
Printing fees		285	285		609	609
Admin wages					317	317
Subscriptions		85			85	85
Meeting expenses					168	168
Bookkeeping fees		313	313
Website costs		1,935	1,935		666	666
	51	5,0'12	5,063	1,426	4,071	5,497
Analysed between
Charitable activities	51	5,012	5,063	1,426	4,071	5,497

8	Net gains/(losses)	Net gains/(losses)	on investments
			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2021	2021	2021	2020	2020	2020
	Revaluation	of
	investments		122,263	4,776	127,039	(29,800)	(1,166)	(30,966)
9	Fixed asset	investments
								Unlisted
							investments
	Cost orvaluation
	At 1 April 2020							599,191
	Valuation changes							117,039
	At 31 March	2021						716,230
	Carrying amount
	At 31 March	2021						716,230
	At 31 March	2020						599,191

10	Debtors
			2021	2020
	Amounts falling due	within one year:		F
	Other debtors			338
11	Creditors: amounts	falling due within one year
			2021	2020
	Accruals and deferred	income	159	109

13	Analysis ofnet assets between	Analysis ofnet assets between	Analysis ofnet assets between	Analysis ofnet assets between	funds
		Unrestricted				Restricted			Total	Unrestricted	Restricted	Total
				funds
					2021		2021		2021	2020	2020	2020
	Fund balances at 31
	March 2021 are
	represented by:
	Investments			680,176			36,054		716,230	568,732	30,459	599,191
	Current assets/
	(liabilities)			61,414					61,414	58,136		58,136
				741,590			36,054		777,644	626,868	30,459	657,327
14	Related party transactions
	There were no disclosable		related		party transactions			during the year		(2020 —none).
15	Cash generated from	operations									2021	2020
	Surplus/(deficit) for the	year									120,317	(32,515)
	Adjustments for:
	investment income recognised			in	statement		offinancial		activities		(21,826)	(22,261)
	Fair value gains and losses		on	investments							(127,039)	30,966
	Movements in working	capital:
	Decrease in debtors										338	916
	Increase in creditors										50	50
	Cash absorbed by operations										(28,160)	(22,844)
16	Analysis ofchanges	in net funds
	The the charity had no	debt	during		the year.