```
REGISTERED CHARITY NUMBER: 240234
```
## **`REPORT OF THE TRUSTEES AND`**
```
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022
```
## **`FOR`**
## **`GUILD OF ALL SOULS`**
```
MMP Accounting Solutions Ltd
Chartered Certified Accountants
42 Cudworth Road
Willesborough
Ashford
Kent
TN24 0BG
```
```
GUILD OF ALL SOULS
```
## **`CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 30 June 2022`**
||**`Page`**|**`Page`**|**`Page`**|
|---|---|---|---|
|**`Report of the Trustees`**|`1`|`to`|`2`|
|**`Independent Examiner's Report`**||`3`||
|**`Statement of Financial Activities`**||`4`||
|**`Balance Sheet`**||`5`||
|**`Notes to the Financial Statements`**|`6`|`to`|`11`|
|**`Detailed Statement of Financial Activities`**|`12`|`to`|`13`|
```
GUILD OF ALL SOULS
```
## **`REPORT OF THE TRUSTEES`**
## **`for the Year Ended 30 June 2022`**
```
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended
30June2022.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordance with
theFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective 1
January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
The Guild of All Souls is an association of some 1300 members whose main objectives are:
```
`1. Intercessory prayer for the Dying and for the Repose of the Souls of the Departed.`
```
2.TopromotethetwogreatdoctrinesoftheChristiancreed:"TheCommunionoftheSaints"and "The
ResurrectionfromtheDead".Thefollowingareparticularlycommendedtotheprayersofthe Members:
(a)therestorationoftheScripturalRiteofAnointingthesickwithHolyOil,commonlycalled Holy
Unction.(b)TherestorationoftheprimitivecustomreservingtheHolyEucharistforthesickand dying.
As Members of this devotional Guild we endeavour to care for the dying, the dead and the bereaved.
```
`3. To receive advowsons, by bequest in wills and administer patronage.`
## **`Public benefit`**
```
TheobjectivesandaimsoftheGuildarereligiousinnature,membershipoftheGuildisopento any
person who supports those objectives and aims, on payment of a modest subscription.
```
## **`ACHIEVEMENT AND PERFORMANCE`**
## **`Charitable activities`**
```
TheGuildofAllSoulswasformedin1873andheisgovernedbyRules(lastrevised2007)which vested
thepropertyoftheGuildinthreetrustees.ThepresenttrusteesareMrJohnFurberKC,theRevd Robert
FarmerandMrsAnneGray.ThetrusteesareelectedforthreeyearsatatimebytheCouncilpursuant to
Rule15.ThepropertyoftheGuildincludesadvowsonsof40EnglishBenefices,aChantryChapeland a
bungalowbothinLittleWalsingham,Norfolk.TheaffairsoftheGuildaregovernedbya Council
consistingoftheannuallyelectedPresident,currentlytheRtRevdNormanBanks,BishopOf Richborough
andtheWarden,currentlyMrJohnFurberKC,andnotmorethan10annuallyelectedmembersand the
appointedGeneralSecretary.ThereisaPatronageCommittee.Apartfromapart-timeGeneral Secretary
and the Chantry Priest, all the work of the Guild is carried out on a voluntary basis.
```
```
TheChantryChapelintheShrinegroundsatLittleWalsingham,builtin1965,ismanagedbya small
CommitteeappointedbytheCouncilandisservedbyanappointedChantryPriest.Oneofthe most
importantaspectsoftheroleoftheChantryPriestistoensurethedailycommemorationof departed
membersinprayeratacelebrationoftheMassontheanniversaryoftheirdeath.Thereisa Chantry
chapelfundwhichprovidesomeincometooffsettheannualexpensesofthechapel.Thatisoneof the
fourRestrictedfundsadministeredbytheGuild.TheotherRestrictedFundsareheldforthebenefit of
HolyRedeemerChurchinClerkenwell,StMarytheVirgin,GreatSnoringinNorfolkandtheincumbent of
the Parish of Letchworth.
```
```
IntheyearunderreviewtheCouncilmetthreetimes.Inadditiontoconductingroutinebusiness the
CouncilalsodealtwithissuesrelatedtotheappointmentofParishPriestswhereitisPatron. Additionally
theGuildisresponsibleforpublishingliteratureincludingprayercardsforthebenefitofthesick, dying,
departedandbereavedandabookofprayersforthosewhositforthedying.Suchliterature is
distributedfreeofcharge.TheGuildisalsoresponsibleforpublishinga website,
www.guildofallsouls.org.ukwhichcontainsessentialdetailsofitsworkandevents.Italsodistributes an
IntercessionPapertoallmembers,whichcontainsthenamesoftherecentlydepartedmembersfor the
purposeofaidingintercessoryprayerontheirbehalf.TheCouncilalsoorganisesanannual Conference
relatedtotheaimsoftheGuild.In2022theConferencetopicwas,'Whenachildhasdied, exploring
pastoral, practical and spiritual care for grieving families' which was well attended.
```
```
IncarryingoutthebusinessoftheGuild,aregisteredCharity,theCouncilalwayspaysdueregardto the
advice of the Charity Commission relevant to the administration of the Charity.
```
```
Page 1
```
```
GUILD OF ALL SOULS
```
## **`REPORT OF THE TRUSTEES`**
## **`for the Year Ended 30 June 2022`**
## **`FINANCIAL REVIEW`**
## **`Reserves policy`**
```
Investmentsofapproximately£390,000areheldinthegeneralfundsoastoprovidereliable investment
incomeatalevelsuchthattheobjectivesoftheGuildcanbecarriedoutanacceptablelevel. Reserves
within the restricted funds are determined by the nature of the restrictions.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrustandconstitutesan unincorporated
charity.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Registered Charity number`**
```
240234
```
## **`Principal address`**
```
Dalton House
60 Windsor Avenue
London
SW19 2RR
```
## **`Trustees`**
```
Ms A Gray
Mr J Furber KC
Fr R Farmer
```
## **`Independent Examiner`**
```
MMP Accounting Solutions Ltd
Chartered Certified Accountants
42 Cudworth Road
Willesborough
Ashford
Kent
TN24 0BG
```
## **`Investment Advisers`**
```
Charles Stanley & Co Ltd
55 Bishopsgate
London
EC2N 3AS
```
## **`Bankers`**
```
National Westminster Bank
Fleet Street (B) Branch
PO Box 281
156 Fleet Street
London
EC4A 2DX
```
```
National Westminster Bank
Fakenham
Norfolk
NR21 9BA
```
```
Approved by order of the board of trustees on 20 October 2022 and signed on its behalf by:
```
```
Mr J Furber KC - Trustee
```
```
Page 2
```
## **`INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF`**
## **`GUILD OF ALL SOULS`**
## **`Independent examiner's report to the trustees of Guild of All Souls`**
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsofGuildofAllSouls(theTrust)for the
year ended 30 June 2022.
```
## **`Responsibilities and basis of report`**
```
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsin accordance
with the requirements of the Charities Act 2011 ('the Act').
```
```
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutundersection145oftheAct and
incarryingoutmyexaminationIhavefollowedallapplicableDirectionsgivenbytheCharity Commission
under section 145(5)(b) of the Act.
```
## **`Independent examiner's statement`**
```
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattention in
connection with the examination giving me cause to believe that in any material respect:
```
`1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or`
`2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
```
```
Nick May
FCCA
MMP Accounting Solutions Ltd
Chartered Certified Accountants
42 Cudworth Road
Willesborough
Ashford
Kent
TN24 0BG
```
```
20 October 2022
```
```
Page 3
```
```
GUILD OF ALL SOULS
```
## **`STATEMENT OF FINANCIAL ACTIVITIES`**
## **`for the Year Ended 30 June 2022`**
|`Unrestricted`
`fund`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`15,350`
`Investment income`
`2`
`23,406`
`Other income`
`-`
**`Total`**
`38,756`
**`EXPENDITURE ON`**
`Raising funds`
`3`
`7,205`
**`Charitable activities`**
`Promotion of the doctrines of the Christian`
`creed`
`22,391`
**`Total`**
`29,596`
`Net gains/(losses) on investments`
`(21,123)`
**`NET INCOME/(EXPENDITURE)`**
`(11,963)`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`581,259`
**`TOTAL FUNDS CARRIED FORWARD`**
`569,296`|`Restricted`
`fund`
`£`
`4,606`
`10,774`
`-`
`15,380`
`4,527`
`17,680`
`22,207`
`(24,115)`
`(30,942)`
`342,218`
`311,276`|`30.6.22`
`Total`
`funds`
`£`
`19,956`
`34,180`
`-`
`54,136`
`11,732`
`40,071`
`51,803`
`(45,238)`
`(42,905)`
`923,477`
`880,572`|`30.6.21`
`Total`
`funds`
`£`
`3,618`
`32,201`
`8,425`|
|---|---|---|---|
||||`44,244`|
||||`10,055`
`35,361`|
||||`45,416`|
||||`59,321`|
||||`58,149`
`865,328`|
||||`923,477`|
```
The notes form part of these financial statements
```
```
Page 4
```
```
GUILD OF ALL SOULS
```
## **`BALANCE SHEET`**
## **`30 June 2022`**
|`Notes`
**`FIXED ASSETS`**
`Tangible assets`
`6`
`Investments`
`7`
**`CURRENT ASSETS`**
`Debtors`
`8`
`Prepayments and accrued income`
`Cash at bank and in hand`
`9`
**`CREDITORS`**
`Amounts falling due within one year`
`10`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
**`NET ASSETS`**
**`FUNDS`**
`11`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`Unrestricted`
`fund`
`£`
`148,760`
`388,679`
`537,439`
`-`
`-`
`34,388`
`34,388`
`(2,531)`
`31,857`
`569,296`
`569,296`|`Restricted`
`fund`
`£`
`-`
`264,979`
`264,979`
`-`
`968`
`60,122`
`61,090`
`(14,793)`
`46,297`
`311,276`
`311,276`|`30.6.22`
`Total`
`funds`
`£`
`148,760`
`653,658`
`802,418`
`-`
`968`
`94,510`
`95,478`
`(17,324)`
`78,154`
`880,572`
`880,572`
`569,296`
`311,276`
`880,572`|`30.6.21`
`Total`
`funds`
`£`
`148,760`
`694,360`
`843,120`
`680`
`937`
`93,823`
`95,440`
`(15,083)`
`80,357`
`923,477`
`923,477`
`581,259`
`342,218`
`923,477`|
|---|---|---|---|---|
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
20 October 2022 and were signed on its behalf by:
```
```
Mr J Furber KC - Trustee
```
```
The notes form part of these financial statements
```
```
Page 5
```
```
GUILD OF ALL SOULS
```
## **`NOTES TO THE FINANCIAL STATEMENTS`**
## **`for the Year Ended 30 June 2022`**
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance
withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancial statements
havebeenpreparedunderthehistoricalcostconvention,withtheexceptionofinvestments which
are included at market value, as modified by the revaluation of certain assets.
```
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefits will
berequiredinsettlementandtheamountoftheobligationcanbemeasuredreliably. Expenditure
isaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregate all
costrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadings they
have been allocated to activities on a basis consistent with the use of resources.
```
```
Grantspayablearerecognisedintheaccountswhenpaidandothercharitableexpenditure is
recognised when a constructive obligation arises.
```
## **`Tangible fixed assets`**
```
Tangiblefixedassetsotherthanfreeholdlandandlongleaseholdbuildingsarestatedatcost less
depreciation.Fixedassetsbelowacostof£100arenotcapitalised.Depreciationisprovided at
ratescalculatedtowriteoffthecostlessestimatedresidualvalueofeachassetoverits expected
useful life as follows:
```
```
Chapel equipment 20% per annum on a straight line basis
```
```
Freeholdandlongleaseholdbuildingarenotdepreciatedbecauseintheopinionofthetrustees any
depreciationwouldnotbematerialandbaseduponlocallandandpropertyvalues,the estimated
residual value exceeds book value.
```
```
There are no inalienable or historic assets.
```
## **`Accumulated funds`**
```
Any restricted fund in deficit is eliminated by a transfer from the restricted fund.
```
## **`2. INVESTMENT INCOME`**
|`Rents received`
`Investment income`
`Deposit account interest`|`30.6.22`
`£`
`8,976`
`23,662`
`1,542`
`34,180`|`30.6.21`
`£`
`7,724`
`23,884`
`593`|
|---|---|---|
|||`32,201`|
```
continued...
```
```
Page 6
```
```
GUILD OF ALL SOULS
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued`**
## **`for the Year Ended 30 June 2022`**
## **`3. RAISING FUNDS`**
## **`Raising donations and legacies`**
|`Support costs`
**`Investment management costs`**
`Investment manager's fees`
`Aggregate amounts`|`30.6.22`
`£`
`1,044`
`30.6.22`
`£`
`10,688`
`11,732`|`30.6.21`
`£`
`-`
`30.6.21`
`£`
`10,055`|
|---|---|---|
|||`10,055`|
## **`4. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended30June2022nor for
the year ended 30 June 2021.
```
## **`Trustees' expenses`**
```
During the year, reimbursement of trustees' expenses for travel amounted to £224 (2020: £nil).
```
## **`5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
|`Unrestricted`
`fund`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`2,383`
`Investment income`
`22,088`
`Other income`
`-`
**`Total`**
`24,471`
**`EXPENDITURE ON`**
`Raising funds`
`5,601`
**`Charitable activities`**
`Promotion of the doctrines of the`
`Christian creed`
`16,960`
**`Total`**
`22,561`
`Net gains on investments`
`40,906`
**`NET INCOME`**
`42,816`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`538,443`
**`TOTAL FUNDS CARRIED FORWARD`**
`581,259`|`Restricted`
`fund`
`£`
`1,235`
`10,113`
`8,425`
`19,773`
`4,454`
`18,401`
`22,855`
`18,415`
`15,333`
`326,885`
`342,218`|`Total`
`funds`
`£`
`3,618`
`32,201`
`8,425`|
|---|---|---|
|||`44,244`|
|||`10,055`
`35,361`|
|||`45,416`|
|||`59,321`|
|||`58,149`
`865,328`|
|||`923,477`|
```
continued...
```
```
Page 7
```
```
GUILD OF ALL SOULS
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued`**
## **`for the Year Ended 30 June 2022`**
## **`6. TANGIBLE FIXED ASSETS`**
|**`TANGIBLE FIXED ASSETS`**|||||
|---|---|---|---|---|
|**`COST`**
`At 1 July 2021 and 30 June 2022`
**`DEPRECIATION`**
`At 1 July 2021 and 30 June 2022`
**`NET BOOK VALUE`**
`At 30 June 2022`
`At 30 June 2021`|`Land and`
`buildings`
`£`
`148,760`
`-`
`148,760`
`148,760`|`Office`
`Equipment`
`£`
`5,166`
`5,166`
`-`
`-`|`Chapel`
`Equipment`
`£`
`5,795`
`5,795`
`-`
`-`|`Totals`
`£`
`159,721`|
|||||`10,961`|
|||||`148,760`|
|||||`148,760`|
```
Land&buildingsincludesfreeholdpropertyatcostof£124,793(ChantryHouseat20 Cleaves
Drive) and long leasehold property at cost of £23,968 (Chapel at Walsingham).
```
```
Themarketvalueofthelandandbuildingsrecordedintheaccountsatacostof£148,760may be
substantiallydifferentfromthemarketvalue.TheTrusteesdonotconsideritagooduseof the
Guildfundstoobtainaprofessionalvaluationsocannotgiveparticularsofanydifference. Fixed
assetscostingunder£100arecapitalised.Impairmentreviewsarenotconsiderednecessary on
account of the nature of the assets held.
```
## **`7. FIXED ASSET INVESTMENTS`**
|**`FIXED ASSET INVESTMENTS`**||
|---|---|
||`Listed`|
||`investments`|
||`£`|
|**`MARKET VALUE`**||
|`At 1 July 2021`|`694,360`|
|`Additions`|`107,341`|
|`Disposals`|`(102,806)`|
|`Revaluations`|`(45,237)`|
|`At 30 June 2022`|`653,658`|
|**`NET BOOK VALUE`**||
|`At 30 June 2022`|`653,658`|
|`At 30 June 2021`|`694,360`|
|`There were no investment assets outside the UK.`||
|`Cost or valuation at 30 June 2022 is represented by:`||
|||`Listed`|
|---|---|---|
|||`investments`|
|||`£`|
|`Valuation in`|`2021`|`694,360`|
|`Valuation in`|`2022`|`(40,702)`|
|||`653,658`|
```
continued...
```
```
Page 8
```
```
GUILD OF ALL SOULS
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued`**
## **`for the Year Ended 30 June 2022`**
## **`8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
|`Other debtors`
**`9.`**
**`CASH AT BANK AND IN HAND`**
`Current accounts`
`Short term deposits:`
`General Fund`
`Charles Stanley - general capital account`
`Parents of Rev J Jones Memorial for the Guild Chapel in`
`Walsingham`
`Rev J Jones Bequest for St Mary the Virgin, Great Snoring`
`Rev P Laister for Holy Redeemer, Clerkenwell`
`Chapel General Fund`
`Parents of Rev J Jones Memorial for the Guild Chapel in`
`Walsingham`|`30.6.22`
`£`
`-`|`30.6.21`
`£`
`680`|
|---|---|---|
||`30.06.22`|`30.06.21`|
||`£`|`£`|
||||
||`30,673`|`14,262`|
||||
||||
||`114`|`12,115`|
||`10,820`|`5,894`|
||`250`|`10,000`|
||`500`|`500`|
||`553`|`51,052`|
||`41,850`||
||`9,750`||
||||
||`94,510`|`93,823`|
||||
|**`10.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Other creditors`
**`11.`**
**`MOVEMENT IN FUNDS`**
`At 1.7.21`
`£`
**`Unrestricted funds`**
`General fund`
`581,259`
**`Restricted funds`**
`Restricted Funds`
`342,218`
**`TOTAL FUNDS`**
`923,477`|`30.6.22`
`£`
`17,324`
`Net`
`movement`
`in funds`
`£`
`(11,963)`
`(30,942)`
`(42,905)`|`30.6.21`
`£`
`15,083`
`At`
`30.6.22`
`£`
`569,296`
`311,276`|`30.6.21`
`£`
`15,083`|
|---|---|---|---|
|||`880,572`||
```
Net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted Funds`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Gains and`
`Movement`
`resources`
`expended`
`losses`
`in funds`
`£`
`£`
`£`
`£`
`38,756`
`(29,596)`
`(21,123)`
`(11,963)`
`15,380`
`(22,207)`
`(24,115)`
`(30,942)`
`54,136`
`(51,803)`
`(45,238)`
`(42,905)`|
|---|---|
```
continued...
```
```
Page 9
```
```
GUILD OF ALL SOULS
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued`**
## **`for the Year Ended 30 June 2022`**
## **`11. MOVEMENT IN FUNDS - continued`**
## **`Comparatives for movement in funds`**
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted Funds`
**`TOTAL FUNDS`**|`At 1.7.20`
`£`
`538,443`
`326,885`
`865,328`|`Net`
`movement`
`in funds`
`£`
`42,816`
`15,333`
`58,149`|`At`
`30.6.21`
`£`
`581,259`
`342,218`|
|---|---|---|---|
||||`923,477`|
```
Comparative net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted Funds`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Gains and`
`Movement`
`resources`
`expended`
`losses`
`in funds`
`£`
`£`
`£`
`£`
`24,471`
`(22,561)`
`40,906`
`42,816`
`19,773`
`(22,855)`
`18,415`
`15,333`
`44,244`
`(45,416)`
`59,321`
`58,149`|
|---|---|
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted Funds`
**`TOTAL FUNDS`**|`At 1.7.20`
`£`
`538,443`
`326,885`
`865,328`|`Net`
`movement`
`in funds`
`£`
`30,853`
`(15,609)`
`15,244`|`At`
`30.6.22`
`£`
`569,296`
`311,276`|
|---|---|---|---|
||||`880,572`|
```
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in
the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted Funds`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Gains and`
`Movement`
`resources`
`expended`
`losses`
`in funds`
`£`
`£`
`£`
`£`
`63,227`
`(52,157)`
`19,783`
`30,853`
`35,153`
`(45,062)`
`(5,700)`
`(15,609)`
`98,380`
`(97,219)`
`14,083`
`15,244`|
|---|---|
```
continued...
```
```
Page 10
```
```
GUILD OF ALL SOULS
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued`**
## **`for the Year Ended 30 June 2022`**
## **`12. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 30 June 2022.
```
## **`13. RESTRICTED FUNDS`**
```
Therestrictedfundstotalnetassetsof£311,276(2021:£342,218)includesgrossinvestments in
endowmentfundsofwhich£190,436(2021:£166,169)comprisesthePLaisterFund. Sufficient
resourcesareheldinanappropriateformtoenableeachfundtobeappliedinaccordancewith any
restrictions.
```
```
TheunrestrictedfundisforthepurposeofpromotingthetwogreatdoctrinesoftheChristian creed
"TheCommunionofSaints"and"TheResurrectionfromtheDead".Therestrictedand endowment
fundsaremaintainedforthebenefitoftheparishes.Theunrestrictedfundhasarisen from
retained incoming resources and the restricted funds have arisen from legacies and bequests.
```
```
Page 11
```
```
GUILD OF ALL SOULS
```
## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES`**
## **`for the Year Ended 30 June 2022`**
||`30.6.22`|`30.6.21`|
|---|---|---|
||`£`|`£`|
|**`INCOME AND ENDOWMENTS`**|||
|**`Donations and legacies`**|||
|`Subscriptions & Donations`|`7,963`|`3,118`|
|`Legacies`|`11,993`|`500`|
||`19,956`|`3,618`|
|**`Investment income`**|||
|`Rents received`|`8,976`|`7,724`|
|`Investment income`|`23,662`|`23,884`|
|`Deposit account interest`|`1,542`|`593`|
||`34,180`|`32,201`|
|**`Other income`**|||
|`Sundry receipts`|`-`|`8,425`|
|**`Total incoming resources`**|`54,136`|`44,244`|
|**`EXPENDITURE`**|||
|**`Investment management costs`**|||
|`Investment manager's fees`|`10,688`|`10,055`|
|**`Charitable activities`**|||
|`Staff costs`|`8,604`|`8,604`|
|`Travelling`|`2,237`|`-`|
|`Intercession papers, prayer cards and`|||
|`other printing`|`4,367`|`2,644`|
|`Patronage`|`317`|`100`|
|`Annual requiem expenses`|`1,300`|`-`|
|`Chapel costs`|`5,438`|`6,854`|
|`Bungalow expenses`|`1,266`|`1,365`|
|`Payments to beneficiaries`|`10,449`|`8,810`|
|`Grants to individuals`|`-`|`350`|
||`33,978`|`28,727`|
|**`Support costs`**|||
|**`Management`**|||
|`Office rent, postage and office costs`|`1,893`|`1,689`|
|**`Finance`**|||
|`Bank charges`|`180`|`109`|
|**`Governance costs`**|||
|`Accountancy`|`5,064`|`4,836`|
|`Total resources expended`|`51,803`|`45,416`|
|**`Net income/(expenditure) before`**|||
|**`gains and losses`**|`2,333`|`(1,172)`|
|**`Realised recognised gains and losses`**|||
|`Carried forward`|`(2,731)`|`(6,008)`|
```
This page does not form part of the statutory financial statements
```
```
Page 12
```
```
GUILD OF ALL SOULS
```
## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES`**
## **`for the Year Ended 30 June 2022`**
||`30.6.22`|`30.6.21`|
|---|---|---|
||`£`|`£`|
|**`Realised recognised gains and losses`**|||
|`Brought forward`|`(2,731)`|`(6,008)`|
|`Realised gains/(losses) on fixed asset`|||
|`investments`|`2,623`|`5,037`|
|**`Net income`**|`4,956`|`3,865`|
```
This page does not form part of the statutory financial statements
```
```
Page 13
```