OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

CONTENTS PAGE
Trustees Annual
Report
Independent examiner's report to the trustees
Statement of financialactivities
Balance sheet
Notes to the financial statements 7-13

Unrestricted Restricted Total Funds Total Funds
Funds Funds 2022 2021
Note E
INCOIVIE AND ENDOWMENTS FROM:
Donations and legacies 23,087 53,960 77,047 68,001
Charitable
activities		 116,500 116,500 116,500
Investments 34 34
Other 6,936 6,396 6,590
TOTAL INCOME 146,557 53,960 200,517 191,091
EXPENDITURE ON:
Charitable
activities		 6 (131,935) (24,815) (156,750) (444,200)
TOTAL EXPENDITURE (131,935) (24,815) (156,750) (444 200)
NET INCOME/(EXPENDITURE) 9 14,622 29,145 43,767 (253,109)
RECONCILIATION
OF FUNDS:
Total funds brought forward 1,380,434 4,815 1,385,249 1,638,358
TOTAL FUNDS CARRIED FORWARD 1,395,056 33,960 1,429,016 1,385,249

2022 2021
f.
FBIEDASSETS
Tangible assets 14 1,294,564 1,300,584
CURRENT A5SETS
Debtors 178,581 184,441
Cash at bank 67,533 15,298
CREDITORS: Amounts falling due within one year I 246,114
(92,052)		 199,739
(91,705)
NET CURRENT LIABILmES 154,062 108,034
TOTAL ASSETS LESSCURRENT UABII.ITIES 1,448,626 1,408,618
CREDITORS: Amounts falling due after more than
one year (19,610) (23369)
NET ASSETS 1,429&016 1,385,249
FUNDS
Restricted Funds 18 33,960 4,815
Unrestricted
Funds		 18 1,395456 1,380,434
TOTAL FUNDS 1,429,016 1,385,249

Unrestricted Unrestricted Total Funds Total Funds
Funds Funds 2022 2021
E f f E
Guest donations 3,697 3,697
Other donations 15,350 53,960 69,310 61,163
Gift aid 4,039 4,039 6,838
23,087 53,960 77,047 68,001

Unrestricted Total Funds Total Funds
Funds 2022 2021
E f f
Rental income
Abbey House, Farnborough 104,500 104,500 104,500
St Michael's Abbey 12,000 12,000 12,000
116,500 116,500 116,500

UnrestrIcted Total Funds Total Funds
Funds 2022 2021
f E
Bank interest receivable 34 34
OTHER INCOME
Unrestricted Total Funds Total Funds
Funds 2022 2021
f f E
Recycling income 40
Allotment fees 6,936 6,936 6,550
6,936 6,936 6,590

Activities Management
undertaken and Total Funds Total Funds
directly administration 2022 2021
E E f
Management and administration 47,255 47,255 47,580
Charitable activities 109,495 109,495 396,620
109395 47,255 156,750 444,200

2022 2021
E E
Wages 24,583 25,810
Household
provisions		 7,003 9,101
Light and heat 35,095 21,029
Repairs and renewals 22,007 281,748
Church and sacristy 20,000 47,433
Estate costs 807 11,499
109,495 396,620
MANAGEMENT AND ADMINISTRATION
2022 2021
E E
Insurance 33,429 29,024
Travel costs 1,225 4,595
Subscriptions 2,732 3,513
Telephone 1,061 1,193
Sundry expenses 111
Legal and professional fees 35 3,298
Independent
examiners fees		 2,220 2,220
Bank charges 531 471
Depreciation 6,021 3,155
47,255 47,580

9. NET INCOME FORTHE YEAR FORTHE YEAR
This is stated after charging:
2022 2021
E 6
Depreciation 6,021 4,514
10. STAFF COSTS AND EMOLUMENTS
Total staff costs were as follows:
2022 2021
E 6
Wages and salaries 24,583 29,024
Particulars ofemployees:
The
average		 number of employees during the year, calculated on the
basis of		 full-time
equivalents, was as follows:
2022 2021
No No
Number ofadministrative
staff		 1 1
No employee received remuneration of more than E60,000during the year (2021-nil).

Freehold Fixtures 8 Motor
property
f		 Equipment
f		 Vehicles
f		 Total
f
COST
At 1January 2022 1,276,500 106,076 28,127 1,410,703
Additions
At 31December 2022 1,276,500 106,076 28,127 1,410,703
DEPRECIATION
At 1January
2022		 105,723 4,396 110,119
Charge for the year 88 5,933 6,021
At 31December 2022 105,811 10,328 116,139
NET BOOK VALUE
At 31December 2022 1,276,500 265 17,799 1,294,564
At 31December 2021 1,276,500 353 23,731 1,300,584

15. The current
insurance
E20.3 million).
DEBTORS		 value of all the above properties
is ap		 proximately
E20.3 mill		 ion (2021
2022 2021
f f
Saint Michaels Abbey Press Limited 156,027 158,538
Other debtors 22,554 25,903
178,581 184,441
16. CREDITORS: Amounts falling due within one year
2022 2021
f f
Trade creditors 17,946 19,953
Other creditors 74,106 71,752
92,052 91,705

2022 2021
E f
Hire Purchase 19,610 23,369
ANALYSIS OF CHARITABLE FUNDS
Analysis of movement in unrestricted funds
Balance at1 Incoming Balance at
Jan 22 resources Expenditure 31Dec 22
E E E E
Designated funds 10,072 10,072
Charitable activities 1,370,362 146,557 (131,935) 1,384,984
1,380,434 146,557 (131,935) 1,395,056
Analysis of movement in unrestricted funds —previous year
Balance at 1 Incoming Balance at
Jan 21 resources Expenditure 31Dec21
E E f
Designated funds 10,072 10,072
Charitable activities 1,337,043 191,091 (157,772) 1,370,362
1,347,115 191,091 (157,772) 1,380,434
Analysis of movement in restricted funds
Balance at1 Incoming Balance at
Jan 22 resources Expenditure 31Dec22
E E E E
Church Pew restoration 53,960 (20,000) 33,960
Emergency roof replacement 4,815 (4,815)
4,815 53,960 (24,815) 33,960
Analysis o fmovement
in		 restricte d funds —previous year
Balance at1 Incoming Balance at
Jan 21 resources Expenditure 31Dec21
E E E E
Sash window replacement 34~2 (34,482)
Emergency roof replacement 25,000 (20,185) 4,815
Removal and replacement ofthe
estate road 231,761 (231,761)
291,243 (286+28) 4,815

Unrestricted Designated Designated Restricted
funds funds funds Total
E f E E
Tangible assets 1,294,564 1,294,564
Current assets 168,509 10,072 178,581
Cash at bank and in hand 33,573 33,960 67,533
Current liabilities (111,662) (111,662)
Total Funds 1,3&4,984 10,072 33,960 1,429,016
ANALYSIS OF NET ASSETS BETWEEN FUNDS- previous year
Unrestricted Designated Restricted
funds funds funds Total
E E E E
Tangible assets 1,300,584 1,300,584
Current assets 174,369 10,072 184,441
Cash at bank and in hand 10+83 4,815 15,298
Current liabilities (115,074) (115,074)
Total Funds 1,370,362 10,072 4,815 1,385,249