| Page | |
|---|---|
| TRUSTEES' REPORT | 1-3 |
| INDEPENDENT EXAMINER'S REPORT |
|
| STATEMENT OF FINANCIAL ACTIVITIES | |
| (INCORPORATING INCOME & EXPENDITURE ACCOUNT) |
|
| BALANCE SHEET | |
| NOTES TO THE FINANCIAL STATEMENTS | 7-9 |
| ADMINISTRATIVE | ADMINISTRATIVE | DETAILS | |||
|---|---|---|---|---|---|
| Charity number | 241936 | ||||
| Company | number | 00286814 (England and Wales) |
|||
| Registered | office | The Vicarage, 1BChurch | Road, London, | N6 4QH | |
| Trustees | Revd DrJacob Belder | ||||
| Revd Dr Ellen Clark-King | |||||
| Revd Dr Jennifer Cooper | |||||
| Revd lan Edgar (appointed | 14October 2022) | ||||
| Revd Dr Owen Edwards | |||||
| Revd Christine Hall |
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| Revd Timothy Miller |
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| Mrs Margaret Moyes |
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| Very Revd Andrew Nunn |
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| Revd Preb David Sceats (resigned 18October 2022) | |||||
| Revd Canon Michael Smith | |||||
| Rt Revd Mark Tanner | |||||
| Revd Eileen Turner (resigned 18October 2022) |
| Unrestricted | Endowment | Total funds | Total funds | ||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | ||||
| Note | |||||||
| Income: | |||||||
| Investment income |
30,523 | 30,523 | 29,314 | ||||
| Total income | 30,523 | 30,523 | 29,314 | ||||
| Expenditure on: |
|||||||
| Grants paid | 21,610 | 21,610 | 10,366 | ||||
| General running |
costs | 3,085 | 3,085 | 2,786 | |||
| Independent examiner's |
fee | 696 | 696 | 600 | |||
| Total expenditure | 25,391 | 25,391 | 13,752 | ||||
| Net (losses)/gains | on investments | (134,224) | (134,224) | 144,798 | |||
| NET (EXPENDITURE)/INCOME | 5,132 | (134,224) | (129,092) | 160,360 | |||
| TOTAL FUNDS BROUGHT FORWARD | 155,205 | 1,074,832 | 1,230,037 | 1,069,677 | |||
| TOTAL FUNDS CARRIED | FORWARD | 9 | 160,337 | 940,608 | 1,100,945 | 1,230,037 |
| 2 | INVESTMENT INCOME | INVESTMENT INCOME | INVESTMENT INCOME | 2022 | 2021 |
|---|---|---|---|---|---|
| f | E | ||||
| Dividends | 30,265 | 29,270 | |||
| Interest | 258 | 44 | |||
| 30,523 | 29,314 | ||||
| 3 | GRANTS PAID | 2022 | 2021 | ||
| Vancouver | School of | Theology | 12,526 | 8,866 | |
| Grants to | individuals | (Canada) | 1,248 | ||
| Grants to | individuals | (UK) | 7,836 | 1,500 | |
| 21,610 | 10,366 |
| 6 | INVESTMENTS | Listed | |
|---|---|---|---|
| Investments | |||
| Cost | |||
| At 1January 2022 | 76,989 | ||
| At 31December 2022 | 76,989 | ||
| Valuation | |||
| At 1January 2022 | 1,074,832 | ||
| Loss on valuation | (134,224) | ||
| At 31December 2022 | 940,608 | ||
| Market value | |||
| At 31December 2022 | 1,017,597 | ||
| At 31December 2021 | 1,151,821 | ||
| 2022 | 2021 | ||
| 7 | DEBTORS | f | |
| Prepaid expenses | 113 113 |
||
| 2022 | 2021 | ||
| 8 | CREDITORS: Amounts falling due within 1year | f | f |
| Accrued expenses | 696 | 600 | |
| 696 | 600 |
| 9 | ANALYSIS OF CHARITABLE FUNDS | ANALYSIS OF CHARITABLE FUNDS | Balance | Gains & | Funds | ||
|---|---|---|---|---|---|---|---|
| 01.01.22 | Income | Expenses | Losses | 31.12.22 | |||
| f | f | f | f | f | |||
| UNRESTRICTED FUNDS | |||||||
| General funds | 155,205 | 30,523 | (25,391) | 160,337 | |||
| Total unrestricted funds |
155,205 | 30,523 | (25,391) | 160,337 | |||
| RESTRICTED FUNDS | |||||||
| Expendable endowment |
fund | 1,074,832 | (134,224) | 940,608 | |||
| Total restricted funds |
1,074,832 | (134,224) | 940,608 | ||||
| TOTAL CHARITY FUNDS | 1,230,037 | 30,523 | (25,391) | (134,224) | 1,100,945 | ||
| ANALYSIS OF CHARITABLE FUNDS | Balance | Gains & | Funds | ||||
| - PREVIOUS YEAR | 01.01.21 | Income | Expenses | Losses | 31.12.21 | ||
| f | f | f | |||||
| UNRESTRICTED FUNDS | |||||||
| General funds | 139,643 | 29,314 | (13,752) | 155,205 | |||
| Total unrestricted funds |
139,643 | 29,314 | (13,752) | 155,205 | |||
| RESTRICTED FUNDS | |||||||
| Expendable endowment |
fund | 930,034 | 144,798 | 1,074,832 | |||
| Total restricted funds | 930,034 | 144,798 | 1,074,832 | ||||
| TOTAL CHARITY FUNDS | 1,069,677 | 29,314 | (13,752) | 144,798 | 1,230,037 |
| original purchase p expenditure is met. |
rice of the investments, which are held |
in order to produce inco |
me out of which |
the charity | |
|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | |||
| 10 | ANALYS5 OF NET ASSETS BETWEEN FUNDS | Funds | Funds | Funds | |
| Investments | 76,989 | 940,608 | 1,017,597 | ||
| Cash at bank and in | hand | 84,044 | 84,044 | ||
| Creditors: Amounts | falling due within one year | (696) | (696) | ||
| Net assets at 31December 2022 | 160,337 | 940,608 | 1,100,945 | ||
| ANALYSIS OF NET ASSETS BETWEEN FUNDS | Unrestricted | Endowment | Total | ||
| - PREVIOUS YEAR | Funds | Funds | Funds | ||
| Investments | 76,989 | 1,074,832 | 1,151,821 | ||
| Debtors | 113 | 113 | |||
| Cash at bank and in | hand | 78,703 | 78,703 | ||
| Creditors: Amounts | falling due within one year | (600) | (600) | ||
| Net assets at 31December 2021 | 155,205 | 1,074,832 | 1,230,037 |