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