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2020-12-31-accounts
| CONTENTS |
PAGE |
| TrusteesAnnualReport |
1-3 |
| Independentexaminer'sreporttothetrustees |
|
| Statementoffinancialactivities |
|
| Balancesheet |
|
| Notestothefinancialstatements |
7-13 |
|
|
Unrestricted |
Restricted |
TotalFunds |
TotalFunds |
|
|
Funds |
Funds |
2020 |
2019 |
|
Note |
£ |
£ |
£ |
£ |
| INCOMEANDENDOWMENTSFROM: |
|
|
|
|
|
| Donationsandlegacies |
2 |
54,380 |
297,761 |
352,141 |
83,969 |
| Charitableactivities |
3 |
116,500 |
- |
116,500 |
118,600 |
| Investments |
4 |
5 |
- |
5 |
9 |
| Other |
5 |
6,465 |
- |
6,465 |
8,763 |
| TOTALINCOME |
|
177,350 |
297,761 |
475,111 |
211,341 |
| EXPENDITUREON: |
|
|
|
|
|
| Charitableactivities |
6 |
(157,559) |
(6,518) |
(164,077) |
(207,326) |
| TOTALEXPENDITURE |
|
(157,559) |
(6,518) |
(164,077) |
(207,326) |
| NETINCOME/(EXPENDITURE) |
9 |
19,791 |
291,243 |
311,034 |
4,015 |
| RECONCILIATIONOFFUNDS: |
|
|
|
|
|
| Totalfundsbroughtforward |
|
1,327,324 |
- |
1,327,324 |
1,323,309 |
| TOTALFUNDSCARRIEDFORWARD |
|
1,347,115 |
291,243 |
1,638,358 |
1,327,324 |
|
|
2020 |
|
2019 |
|
Note |
£ |
|
£ |
| FIXEDASSETS |
|
|
|
|
| Tangibleassets |
14 |
1,286,362 |
1,289,650 |
|
| CURRENTASSETS |
|
|
|
|
| Debtors |
15 |
384,561 |
|
190,141 |
| Cashatbank |
|
18,347 |
|
21,200 |
|
|
402,998 |
|
211,341 |
| CREDITORS:Amountsfallingduewithinoneyear |
16 |
(51,002) |
|
(164,086) |
| NETCURRENTLIABILITIES |
|
351,996 |
|
47,255 |
| TOTALASSETSLESSCURRENTLIABILITIES |
|
i,VJV,JJV |
1,JJV,JVJ |
|
| CREDITORS:Amountsfallingdueaftermorethan |
|
|
|
|
| oneyear |
|
|
|
(9,581) |
| NETASSETS |
|
|
|
|
| FUNDS |
|
|
|
|
| RestrictedFunds |
17 |
291,243 |
|
- |
| UnrestrictedFunds |
17 |
7^fA7
74r |
I |
7'1-77'lA |
| TOTALFUNDS |
|
|
|
|
|
Unrestricted |
Restricted |
TotalFunds |
TotalFunds |
|
Funds |
Funds |
2020 |
2019 |
|
£ |
£ |
£ |
£ |
| Guestdonations |
410 |
- |
410 |
6,773 |
| Otherdonations |
51,510 |
297,761 |
349,271 |
67,000 |
| Giftaid |
2,460 |
- |
2,460 |
10,196 |
|
54,380 |
297,761 |
352,141 |
83,969 |
|
Unrestricted |
TotalFunds |
TotalFunds |
|
Funds |
2020 |
2019 |
|
£ |
£ |
f |
| Rentalincome |
|
|
|
| AbbeyHouse,Farnborough |
104,500 |
104,500 |
104,500 |
| StMichael'sAbbey |
12,000 |
12,000 |
12,000 |
| Miscellaneousincome |
- |
- |
2,100 |
|
116,500 |
116,500 |
118,600 |
|
Unrestricted |
TotalFunds |
TotalFunds |
|
Funds |
2020 |
2019 |
|
£ |
£ |
£ |
| Bankinterestreceivable |
5 |
5 |
9 |
|
UnrestrictedTotalFunds |
UnrestrictedTotalFunds |
TotalFunds |
|
Funds |
2020 |
2019 |
|
£ |
£ |
£ |
| Insuranceclaim |
|
|
2,654 |
| Recyclingincome |
55 |
55 |
66 |
| Allotmentfees |
6,410 |
6,410 |
6,044 |
|
6,465 |
6,465 |
8,763 |
|
Activities |
Management |
|
|
|
undertaken |
and |
TotalFunds |
TotalFunds |
|
directly |
administration |
2020 |
2019 |
|
£ |
£ |
£ |
£ |
| Managementandadministration |
- |
27,660 |
27,660 |
36,855 |
| Charitableactivities |
136,417 |
- |
136,417 |
1701471 |
|
136,417 |
27,659 |
164,077 |
207,326 |
|
2020 |
2019 |
|
£ |
£ |
| Wages |
24,787 |
29,928 |
| Householdprovisions |
32,690 |
30,430 |
| Lightandheat |
19,507 |
20,290 |
| Repairsandrenewals |
58,998 |
87,022 |
| Churchandsacristy |
- |
268 |
| Servicesrendered |
- |
- |
| Estatecosts |
435 |
2,532 |
|
136,417 |
170,471 |
|
2020 |
2019 |
|
£ |
£ |
| Insurance |
16,971 |
24,049 |
| Travelcosts |
1,016 |
2,110 |
| Subscriptions |
1,640 |
2,418 |
| Telephone |
1,489 |
1,120 |
| Sundryexpenses |
- |
- |
| Legalandprofessionalfees |
500 |
- |
| Independentexaminersfees |
2,220 |
2,220 |
| Bankcharges |
537 |
555 |
| Depreciation |
3,287 |
4,383 |
|
27,660 |
36,855 |
|
Thisisstatedaftercharging: |
|
|
|
|
|
2020 |
|
2019 |
|
|
£ |
|
£ |
|
Depreciation |
3,287 |
|
4,383 |
| 10. |
STAFFCOSTSANDEMOLUMENTS |
|
|
|
|
Totalstaffcostswereasfollows: |
|
|
|
|
|
2020 |
|
2019 |
|
|
£ |
|
£ |
|
Wagesandsalaries |
24,787 |
|
29,928 |
|
Particularsofemployees: |
|
|
|
|
Theaveragenumberofemployeesduringtheyear,calculatedonthe |
|
basisoffull-time |
|
|
equivalents,wasasfollows: |
|
|
|
|
|
2020 |
|
2019 |
|
|
|
No |
No |
|
Numberofadministrativestaff |
|
1 |
2 |
|
|
Freehold |
Freehold |
Fixtures& |
Motor |
|
|
|
property |
|
Equipment |
Vehicles |
Total |
|
|
£ |
|
£ |
£ |
£ |
|
COST |
|
|
|
|
|
|
At1Januaryand31December2020 |
1,276,500 |
|
109,526 |
24,851 |
1,410,877 |
|
DEPRECIATION |
|
|
|
|
|
|
At1January2020 |
|
— |
108,751 |
12,476 |
121,228 |
|
Chargefortheyear |
|
— |
195 |
3,092 |
3,287 |
|
At31December2020 |
|
— |
108,946 |
15,568 |
124,515 |
|
NETBOOKVALUE |
|
|
|
|
|
|
At31December2020 |
1,276,500 |
|
580 |
9,282 |
1,286,362 |
|
At31December2019 |
1,276,500 |
|
775 |
12,375 |
1,289,650 |
|
Theproperties,withexceptionof25AbbeyWay |
|
purchasedin2006,arestatedatopenmarket |
|
|
|
|
valueasvaluedbyAPBellFRICSofRedwoods(formerlyKinghams),AldershotinApril1993. |
|
|
|
|
|
|
Thecurrentinsurancevalueofallthe |
abovepropertiesisapproximately£20.3million(2019- |
|
|
|
|
|
f20.3million). |
|
|
|
|
|
| 15. |
DEBTORS |
|
|
|
|
|
|
|
|
|
|
2020 |
2019 |
|
|
|
|
|
£ |
£ |
|
SaintMichaelsAbbeyPressLimited |
|
|
|
161,690 |
173,309 |
|
Otherdebtors |
|
|
|
222,871 |
16,832 |
|
|
|
|
|
384,561 |
190,141 |
| 16. |
CREDITORS:Amountsfallingduewithinoneyear |
|
|
|
|
|
|
|
|
|
|
2020 |
2019 |
|
|
|
|
|
£ |
f |
|
Tradecreditors |
|
|
|
6,966 |
18,943 |
|
Othercreditors |
|
|
|
44,036 |
145,143 |
|
|
|
|
|
51,002 |
164,086 |
| 17. |
CREDITORS:Amountsfallingdueafter |
oneyear |
|
|
|
|
|
|
|
|
|
2020 |
2019 |
|
HirePurchase |
|
|
|
|
9,581 |
| Analysisofmovementinunrestrictedfunds |
Analysisofmovementinunrestrictedfunds |
|
|
|
|
Balanceat1 |
Incoming |
|
Balanceat |
|
Jan20 |
resources |
Expenditure |
31Dec20 |
|
£ |
£ |
£ |
£ |
| Designatedfunds |
179 |
9,893 |
- |
10,072 |
| Charitableactivities |
1,327,145 |
167,457 |
(157,559) |
1,337,043 |
|
1,327,324 |
177,350 |
(157,559) |
1,347,115 |
| Analysisofmovementinunrestrictedfunds—prcMous |
|
year |
|
|
|
Balanceat1 |
Incoming |
|
Balanceat |
|
Jan19 |
resources |
Expenditure |
31Dec19 |
| Designatedfunds |
|
|
|
|
|
179 |
|
|
179 |
| Charitableactivities |
1.323.130 |
211.341 |
(207.326) |
1.327.145 |
|
1,JLJ,JV:J |
Lii,J
"Ti |
,LV/,JLV~ |
1 , JL/,JL"F |
| Analysisofmovementinrestricted |
funds |
|
|
|
|
Balanceat1 |
Incoming |
|
Balanceat |
|
Jan20 |
resources |
Expenditure |
31Dec20 |
|
£ |
£ |
£ |
£ |
| Sashwindowreplacement |
|
41,000 |
(6,518) |
34,482 |
| Emergencyroofreplacement |
- |
25,000 |
- |
25,000 |
| Removalandreplacementofthe |
|
|
|
|
| estateroad |
- |
231,761 |
- |
231,761 |
|
- |
297,761 |
(6,518) |
291,243 |
|
Unrestricted |
Designated |
Restricted |
|
|
funds |
funds |
funds |
Total |
|
£ |
£ |
£ |
£ |
| UnrestrictedIncomeFunds: |
|
|
|
|
| Tangibleassets |
1,286,362 |
- |
- |
1,286,362 |
| Currentassets |
83,246 |
10,072 |
291,243 |
384,561 |
| Cashatbankandinhand |
18,437 |
- |
- |
18,437 |
| Currentliabilities |
(51,002) |
- |
- |
(51,002) |
| TotalFunds |
1,337,043 |
10,072 |
291,243 |
1,638,358 |
| ANALYSISOFNETASSETSBETWEENFUNDS—previousyear |
ANALYSISOFNETASSETSBETWEENFUNDS—previousyear |
|
|
|
Designated |
General |
|
|
funds |
funds |
Total |
|
|
£ |
£ |
| UnrestrictedIncomeFunds: |
|
|
|
| Tangibleassets |
|
1,289,650 |
1,289,650 |
| Currentassets |
179 |
189,962 |
190,141 |
| Cashatbankandinhand |
- |
21,200 |
21,200 |
| Currentliabilities |
- |
(173,667) |
(173,667) |
| TotalFunds |
179 |
1,327,145 |
1,327,324 |