HURLEY CHURCH ESTATES CHARITY No. 245866 Annual Report 2020
Charitable Purposes
During 2020 the charity contributed £29507 for projects and running costs associated with the fabric and churchyard of St. Mary the Virgin Church, Hurley. Expenses associated with on-going running costs included insurance (£2,483), heating and utilities (£2,259), churchyard maintenance (£2,874) and cleaning costs (£1,255). In addition, £2994 was spent on general repairs and maintenance.
Major projects were refurbishment of the organ (£14,400) and a contribution to a new Audio-visual system (£4,571) which replaced and augmented an existing system.
Financial
Total expenditure of £6.958 was incurred on maintenance, insurance, and agency fees in connection with the charity’s properties.
The charity suffered a reduction in gross rental income of 13% compared to the previous year. This was due the effect of Covid 19 virus on two of our tenants’ businesses. The Trustees considered that some sharing of the pain was in the Charity’s long-term interests, both Tenants having exemplary records.
There was an overall deficit of £6,048 during the year.
There are no major projects planned by St Mary the Virgin Church for 2021 requiring the Charity’s assistance. Overall, rental income for 2021 is forecast to recover close to pre-Covid levels.
Serious Incidents
The Trustees confirm that there are no serious incidents or other matters which they should have brought to the attention of the Commission and have not done so already.
Chris Gutch HCE Trustee
10/10/2021
HURLEY CHURCH ESTATES CHARITY No. 245866 Receipts and Payments Account for the Year ending 31.12.2020
2019
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2019 Description Income Expenditure Totals
Opening Balances 01.01.2019
£53,364 Current Accounts £70,702
£122,155 Deposit Accounts £123,948
-£1,439 less rent deposit from Tenant -£1,441
£174,080 TOTAL £193,209
£28,150 Rentals received £24,590
£6,215 Income from Investments £5,467
£30,057
-£2,626 Expenditure on Estate Property -£6,598
-£12,610 Grants to PCC of Burchetts Green/St Marys -£29,507
-£36,105
£19,129 Excess of receipts over payments -£6,048
£174,080 Opening Balance from above £193,209
£193,209 End of Year balances for year per accounts £187,161
Closing Bank Balances
£70,702 Current accounts £62,813
£123,948 Deposit Accounts £125,790
-£1,441 Less Rent deposit from Tenant -£1,442
£193,209 BALANCE IN HAND 31.12.2020 £187,161
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Charfty Numb•r Hurl•y Church E•t¥ts• I rep)rt on the aco)unts for the year endeij 31 Decmber2020 wtmch are set out on papes 2 to 4. R•sp•ctiTM r•spoMibilitiM of tru•t••s and •xaminor The charitys Irustee$ Coder that an aLhJit is not required forthis year. {uTrJer Section 4312) of the Charities Ad 1993 {the Act), as amended by s28 ofthe Charitss Act 2rThi that an irMknTrJent examinab'on 18 nwjed. tt fs my responsily.lty to". examine the accounts lund8f S8Ction 43 oftha Act, as amerKlJ,' to followlhe proc4dure3 laid dcwn in the General Dire(kns gmen byth8 Charity Comffllssion {un¢Jer section 43(nibl of the Act, as 8mended}: and to stste vthether particjjlar matters have come to my attentM)n. Basls of Ind•pond•nt èxamln•rfs slAtèm8nt My examination wa5 carried out in ac((rdance vith General DIrtOn8 given by the Charity CommissJn. An èx8minab.on indudas a of thè aeeourkn.ng rècords kèpt by thè thaiity a tomparison ofth• acxounts presented wih those records. h a180 indudes Clderat)n of any unLk8ual items or di8dosure8 in the attounts, and seeking explanali¢)ns from the trustees conceming any stlth mattws. The procedures undèrtaken do not prowde all the evidence that W)uld be required in an audrt. and consequently I do not ey¥¥ess an audit opinion on Iho accounts. Indend examin•f• •tatèm•nt In the c¥Jurse of my examination, matter has ccrfne lo my 8tteniicn: {11 which gives reasonable cajse to beli8ve thaL in any maknia resprf the Iwstees have not met the Tequirements to ensure that: proper acwuntsng re¢ords arts kept (In aCZtythn with w"on 41 ofthe Adl., and accounts are prepared vknrch agree the aco)unting recor¢s and comply ttl the ¢ountsng rg]uirements ofthe A¢ or 12) to whK, in my opinion, 8ttent¥ should in order to erwtrAe a prOr und&rstandry to be r&a¢hwJ. Signed-. N8me: Colin C Evans Qualifjcation.. Chartered Accntant At1dress.' 25 Clarefietd Drive, Maidenhead. Berkshire. SL6 SDW 18 February 21