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2021-12-31-accounts

Year ended 31 December 2021 Prior
Period
Endowment Unrestricted Total Total
Funds Funds Funds Funds
Notes 2020f
INCOME &
ENDOWMENTS
Voluntary
Income		 4 500
Income from investments 4 35,176 35,176 34,517
Other income 4 17
Total income and
endowments 35,176 35,176 35,034
EXPENDITURE
Expenditure
on:
Raising funds
Investment
manager's		 fees 9,904 9,904 9,297
Charitable
activities
Grants 35,050 35,050 34,500
Governance
Costs		 5,536 5,536 7,316
Total expenditure 15,440 35,050 50,490 51,113
Net operating
deficit for
the year (15,440) 126 (15,314) (16,079)
Net gain on investment 5 62,746 62,746 30,604
Net Movement
in funds		 47,306 126 47,432 14,525
Reconciliation
offunds
Total funds
brought		 forward
at 1 January 2021 861,769 31,531 893,300 878,775
Total funds carried
forward
at 31 December 2021 909,075 31,657 940,732 893,300
Statement
of cash flows		 2021f 2020f
Cash flows from operating
Net cash used
in operating		 activities:
activities		 A.~40,093 ~41,841
Cash flows from investing activities:
Dividends
and interest
from		 investments 35,176 34,517
Management
fees paid from		 endowment funds (9,904) (9,297)
Purchase
of investments		 20,110
Proceeds from sale of investments 7,733 58,411
Net cash provided
by investing
activities		 33,005 63,522
Change
in cash and cash equivalents
in the		 reporting
period (7,088) 21,881
Cash and cash equivalents at the beginning of the
reporting
period		 34,917 13,036
Cash and cash equivalents at the end of the reporting
period 27,829 34,917
A. Reconciliation
of net income to net cash flow from
operating
activities
Net income for the reporting
period		 47,432 14,525
Adjustments
for:
(Gains) on investments (62,746) (30,604)
Dividends
and interest from		 investments (35,716) (34,517)
Management
fees paid from		 endowment funds 9,904 9,297
Decrease
in debtors
Increase
in creditors
Net cash provided
by (used in) operating		 activities 493
~40 093		 342
~41,940
Analysis
ofcash and cash equivalents
Cash in hand 2,060 2,380
Cash held by investment
manager		 25,769 32,537
Total cash and cash equivalents 27329 34,917

Other Governance Grants 2021 2020
Costs Total Total
2 2 2
Expenditure on raising funds:
Investment management fees 9,904 9,904 9,297
Expenditure on charitable
activities:
Governance Costs 5,536 - 5,536 7,916
Grant 35,050 35,050 34,500
Total expenditure 9,904 5,536 35,050 50,490 51,f f3
2021 2020
2
Professional charges 716 2,616
Independent examiner's fees 3,207 3,133
Accountancy services 1,613 1,567
~5536 7,3f6

INCOME
2021f 2020
Donations 500
Equities 35,176 34,517
Cash 17
35,176 35,034
FIXEDASSET INVESTMENTS 2021
2		 2020f
Market value at start of year 663,724 871,422
Additions 20,110
Disposals (7,733) (58,842)
Unrealised gains during the year 62 746 31,034
Market value at end of year 910737 863,724
Cost at end of year 623,024 823,052

ENDOWMENT FUNDS 2021 2020
Capital account
Balance at start of year
Movement
during year		 661,769
847,778
4730913,991
Balance at end of year 909076 861,760

2021 Investments Net Current Total
Assets/
(Liabilities)
Endowment fund 918,737 (9,662) 909,075
Unrestricted fund 31,657 31,657
919737 21 995 949732
2020 Investments Net Current Total
Assets/
(Liabilities)
Endowment fund 863,724 (1,955) 861,769
Unrestricted fund 31,531 31,531
863,724 29,576 893,300

9.
COMPARATIVE
STATEMENT		 OF FINANCIAL ACTIVITIES OF FINANCIAL ACTIVITIES
Year ended 31 December 2020
Endowment Unrestricted Total
Funds Funds Funds
9 9 L'
INCOME & ENDOWMENTS
Voluntary
income		 500 500
Income from investments 34,517 34,517
Other income 17 17
Total Incoming
Resources		 35,034 35,034
EXPENDITURE
Expenditure
on:
Raising funds
Investment
manager's
fees		 9,297 9,297
Charitable
activities
Provision
of support tc parish of St
Stephen's 7,316 34,500 41,816
Total Expenditure 16,613 34,500 51,113
Net operating
deficit for the year		 (16,613) 534 (16,079)
Net gain on investment 30,604 30,604
Net Movement
in funds		 13,991 534 14,525
Reconciliation
offunds
Total funds brought
forward
at 1 January 2020 847,778 30,997 878,775
Total funds carried forward
at 31 December 2020 861,769 31,531 893,300