| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | Unrestricted | Restricted | Total | Totalf | ||||
| iNCOME FROM: | ||||||||
| Voluntary income | ||||||||
| Donations for music scholarship |
1,825 | 1,825 | 905 | |||||
| Fund raising | ||||||||
| Investment income |
2 | 207,795 | 207,795 | 193,691 | ||||
| Total income | 207,795 | 1,825 | 209,620 | 193,691 | ||||
| HCPENDI TURE | ||||||||
| Charitable activities |
3 | 137,220 | 4,723 | 141,94 | 84,129 | |||
| Costs offund raising | 3 | 86,565 | 86,565 | 93,685 | ||||
| Total expenditure | 223,785 | 4,723 | 228,508 | 177,814 | ||||
| Net (expenditure)/income | (15,990) | (2,898) | (18,888) | 16,782 | ||||
| Realised gains/(losses) | on investment | assets | 6,054 | 6,054 | (6,120) | |||
| Unrealised gains on investment |
assets | 5 | 43,040 | 43,040 | 29,355 | |||
| Uurealised gain on invesnnent |
properties | 4 | 130,000 | 130,000 | ||||
| Net tnovetnent in funds |
in year | 163,104] | (2,898) | 160,206 | 40,017 | |||
| Transfers between funds | (2,898) | 2,898 | ||||||
| Net movement in funds |
in year | after transfers | 160,206 | 160,206 | 40,017 | |||
| Total funds brought forward |
3,369,651 | 3,369,651 | 3,329,634 | |||||
| Total funds carried forward | 3,529,857 | 3,529,857 | 3,369,651 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| Fixed assets | ||||||
| Investment pmperties |
4 | 2 700 000 | 2 570 000 | |||
| Investments | 5 | 685,594 | 630,353 | |||
| 3,385,594 | 3,200,353 | |||||
| Cunent assets | ||||||
| Debtors Cash at bank |
6 | 49,318 116,015 |
39,362 148,663 |
|||
| Creditors: amounts | falling due | withht one year | 7 | 165,333 (21,070) |
188,025 (18,727) |
|
| Net cunnnt assets | 144,263 | 169,298 | ||||
| Net assets | 3,529,857 | 3,369,651 | ||||
| Funds | ||||||
| Unrestricted Restricted —music |
scholarship | 3,529,857 | 3,369,651 | |||
| Total funds | 3,529,857 | 3,369,651 | ||||
| Approved by the Board ofTrustees on g+JQ Z.o2R. |
and signed on its | behalf by: | ||||
| tt rMO.. | R | dMi h | IllBII -Cl |
| investment inco |
m | e | ||||||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2209 | |||||||
| Dividends | 12,380 | 12,451 | ||||||
| Interest receivable | 97 | 265 | ||||||
| Rent received | 195,318 | 180,975 | ||||||
| 207,795 | 193,691 | |||||||
| Resources expended | ||||||||
| 2021 | 2020 | |||||||
| E | ||||||||
| Expenditure payable |
in | furtherance ofcharity 's objectives | —unrestricted | |||||
| Diocesan quota | 28,530 | 13,572 | ||||||
| Repairs and restoration | costs | 56,764 | 16,841 | |||||
| Donations | 4,200 | 3,000 | ||||||
| Support costs | 47,726 | 48,579 | ||||||
| 137,220 | 81,992 | |||||||
| Expenditure payable | in | furtherance ofcharity's | objectives | - restricted | ||||
| Music scholarship | 4,723 | 2,137 | ||||||
| Fund raising | ||||||||
| Investment property costs |
25,165 | 31,915 | ||||||
| Investment property management |
costs | 7,440 | 7,440 | |||||
| Investment management |
fees | 6,234 | 5,751 | |||||
| Support costs | 47,726 | 48,579 | ||||||
| 86,565 | 93,685 | |||||||
| Support costsofcharitable | activities | |||||||
| Accommodation expenses |
30,441 | 33,203 | ||||||
| Professional fees |
4,260 | 2,525 | ||||||
| Staffcosts | 57,687 | 60,295 | ||||||
| Other administrative | costs | 3,064 | 1,135 | |||||
| Independent examiner |
||||||||
| 95,452 | 97,158 |
| Investment properties |
|
|---|---|
| Freeha Jdproper0t | |
| Valuation: | |
| At 31December 2020 | 2,570,000 |
| Revaluation | 130,000 |
| At 31December 2021 | 2,700,000 |
| Investments | |||||
|---|---|---|---|---|---|
| Unrestricted | |||||
| Listed | funds | ||||
| investtnents | Cash | Total | |||
| Market value at I | January | 2021 | 609,392 | 20,961 | 630,353 |
| Less Disposals | (82,914) | 82,914 | |||
| Add Acquisitions | at cost | 87,608 | (87,608) | ||
| Change in market | value | 43,040 | 43,040 | ||
| Pmfit on disposal | 6,054 | 6,054 | |||
| Dividends and interest |
12,380 | 12,380 | |||
| Investment management |
fees | (6,233) | (6,233) | ||
| Market value at 31December 2021 | 663,180 | 22,414 | 685,594 | ||
| Historic cost at 31 | December 2021 | 545,255 |
| 6. | Debtors | ||
|---|---|---|---|
| 2027 | 2020 | ||
| Prepayments | 26,955 | 10,027 | |
| Balance held by property managers | 20,096 | 21,038 | |
| Arrears ofrent | 2,267 | 8,297 | |
| 49,318 | 39,362 | ||
| 7. | Creditors | ||
| 2021 | 2020 | ||
| Trade creditors | 7,844 | 4,304 | |
| Deferred rental income | 13,226 | 14,423 | |
| 21,070 | 18,727 |
| (St Andrew' | s Ancie |
nt Parish Relief in Need Charity) | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| f | ||||
| Balance as | at I January 2021 | 20 | 20 | |
| Investment | income | for the year | ||
| Expenditure | during | the year | ||
| Balance as | at 31December 2021 | 20 | 20 |
| Analysis ofmove | ments | on fun | ds | ||||
|---|---|---|---|---|---|---|---|
| At | |||||||
| At | IJanuary | Investment | 31 | December | |||
| 202I | Income | Expenditure | Gains | Transfers | 2021 | ||
| f | |||||||
| Unrestricted | |||||||
| General | 3,369,651 | 207,795 | 223,785 | 179,094 | (2,898) | 3,529,857 | |
| Restricted | |||||||
| Music scholarship | 1,825 | (4,723) | 2,898 | ||||
| Total funds | 3,369,651 | 209,620 | 228,508 | 179,094 | 3,529,857 |