## **TRUSTEES TO THE BRISTOL SUNDAY SCHOOL UNION** ## **FINANCIAL STATEMENTS** **YEAR ENDED 31 DECEMBER 2023** **Charity Number: 245831** ## **TRUSTEES TO THE BRISTOL SUNDAY SCHOOL UNION** ## **YEAR ENDED 31 DECEMBER 2023 RECEIPTS AND PAYMENTS ACCOUNT** |**RECEIPTS**
**Notes**
**Income from Assets**
Dividends and interest
**1**
Donations
Proceeds from sale of investments
**PAYMENTS**
**Charitable activities**
Grants to affiliated churches
**2**
Event costs
Trustee Insurance
Accountancy fee
**TOTAL PAYMENTS**
**NET RECEIPTS**|**2023**
**£**
6,527
-
35,004|**2022**
**£**
4,652
500
-| |---|---|---| ||41,531|5,152| ||3,342
389
200
642|1,156
-
185
1,122| ||4,573|2,463| |||| ||36,958|2,689| The notes on page 3 form part of these financial statements 1 ## **TRUSTEES TO THE BRISTOL SUNDAY SCHOOL UNION** ## **AS AT 31 DECEMBER 2023 STATEMENT OF ASSETS AND LIABILITIES** |**Notes**
**Fixed Assets**
Investments
**3**
**Current Assets**
Bank and cash in hand
**4**
**Total Assets**
**Liabilities**
Accruals
**Fund Balances at 31 December 2023**
Capital Fund
Income account|**2023**
**£**
156,193
47,167|**2022**
**£**
181,435
10,209| |---|---|---| ||203,360|191,644| ||684|642| ||684|642| ||156,193
46,167|181,435
10,209| ||202,360|191,644| Signed on behalf of the trustees on …......................... …………………………. Karen Brown Trustee The notes on page 3 form part of these financial statements 2 ## **TRUSTEES TO THE BRISTOL SUNDAY SCHOOL UNION** ## **AS AT 31 DECEMBER 2023 NOTES TO THE ACCOUNTS** ## **1 Income from Investments** Comparison of yields on cost and valuation of investments are as follows: ||**2023**|**2022**| |---|---|---| ||**£**|**£**| |Income|6,527|4,652| |Return on cost of investments|10%|7.00%| |Return on valuation of investments|4%|2.56%| ## **2 Grants** 12 grants were made to 10 affiliated churches during the year, amounting to £3,342, compared to £1,356 given in grants to 4 churches in 2022. ## **3 Investments** |**Holding**
**Units**
COIF Charities Investment Fund
6,361
CAF UK Equity Fund
-
Murray Income Trust
1,488
Barclays PLC ordinary
11,273
Total|**Cost**
**Current price**
**£**
**£**
36,337
19.8450
-
5,000
8.6500
25,073
1.5164
66,410|**2023**
**2022**
**£**
**£**
126,228
115,605
-
34,300
12,871
13,660
17,094
17,870
156,193
181,435
**Market value**|**2023**
**2022**
**£**
**£**
126,228
115,605
-
34,300
12,871
13,660
17,094
17,870
156,193
181,435
**Market value**| |---|---|---|---| |||156,193|181,435| The value of investments at the year end was £156,193 which is an decrease of £25,242 from the prior year. ## **4 Cash Reserves** |Brought forward
Net receipts/(payments)
Carried forward
Represented by:
Lloyds Bank current account
COIF Deposit fund
Cash funds 31 December 2023|**2023**
**£**
10,209
36,958|**2022**
**£**
7,520
2,689| |---|---|---| ||47,167|10,209| ||35,232
11,935|165
10,044| ||47,167|10,209| 3