R•wknJ Charity No. 246045 Company . LK1221CO6 RTS AN
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a Bhare TRUSTEES COUNCIL Cf IAAPiAGEMEP Th8R$.w Mr. J. Sm¥1 l¥. J Fcrfter ktr. K. BrvT TheRthxl. L. T COMPAW SECRETARY TREASURER R•5ryic INDEPENtWff EK4AIINER M Wlkes FCA (aote Hcmw Ec"w Park Konl ME14 3EN BANKERS TN15 8NX SLxicrroRS Lee 24)IbJ) & Lee 1 The Sarthary INVESTME14T mLRs JMF* Loth Etr2R 7AH REGISTEREO OFFICE Lcfflthn SW1W &JJ REGISTERED CFL4AtTY NO. COMPANY NO.
HAIR Tre has m81 on Ilwog ¥la Zcom en8bry lo rEw¥ts on wr inwtrnert8 from J M Finn., trj revw ietre8ts 8rJ tr•ring th8 Ignan traeiuon. We aro Floa58d bj gt8 the avaaabiuty oforttr retreats. th& eITwJ tr•lthg aft¥mIe hybr•J that pr(wid& onsd The Cound has fvxged a relabtthh the SF4rittJal Exths and malntafjmj rt8 ith Coach Hse Kiknuir TrLtsL Thè coun b pleaj to n(ts the Fwcgress mwJ& t(Yarts provisK)n of ¥taff The Cwn¢il ha$ &S)pknd new provi5M for8Lwlry hJTh•knls •xJ wps kn amern9 u)n*xts. ¥) th• bsrt8 be Watad to ro Ihs. Fr M•rt rtsn SRC Ch8in18n
OF THE MEM For the rwJed 5 2022 "Acmuthjarnl ty Ch•iW"IFRS 1021in Fwrry then31 leFlandnrJaI stsiwnBnts dthe th8rity. tho Rrfatir•J srd Wb tha UK ar¥J R• of tr8kn1 IFRS 1021 lelPaL¥8 1 JarwAry 2019). O&IECTIVES ANDACTMnES Ftyi THE PUWC BENEF The c$e¢la9••b)rW(nth1Iwj01WttTr1lry hycmfjal[•j tro mknWofsplrttyal dlr¥tlon thin thtr IrJibon clthe Splrttsl Exerci585ofSt Ifvt Loy(Aa, and to tx#ThJJct Trtreat8. prrid8 8priti•l dI10n 8rb Cornrr1BS'g gon8r¥4 on thè Wc bentrfft Thwn rv¥•vJ IP dr/s aims cOioclveB and h tho KlannirJ athilS. ACHIEVEMENTS MD PERF(lAAPÉ tharty i8 futtwt• to (ywn the freelK4d 05¢ In to¢c••$ In •n Idfft setw 3it•d In KenL which arn In re1 yw8. drfty Work wilh Th• Cc• Tnmi la Sctlligh Charl8tr40 In¢xwat•J C¥gwkJ8le1 to a¢wwe 8ThJ bK8 Cc•th R6tr•&t $tsn¢Js lust ab the Moray Ftrth lolng iward6 tr Cthwrm Wc C Ihk4fadltywaB duiiry lo 5 45rt12017 8r¥J the Retregl FIou5e 15 now 8t48 to •xC•jata kvfvJJ•ls withkn offaring. A ce kyoyer e8lèd The clu•ry h85 b8an in and knpro¥m8nts to the f4brf¢ moan th p80rJe vlh varwry F3 ofthwatkn. Thtr ctwly h•& a 87% wwOBtln tho lady. d•oc4rvJ tr8lnk¥ kn Ignaban SF•riIufy ¥rMI tho gMr¥J of Ex•rtsuos. PW fDr spiritual dlrect trIrt ants •xpwJ¢d bo ak4è to be1 In re9ar splrlbJ81 dlrocdon yearE up lo apFth. £7021812021.. .894) were arf¥rrN¢d during the ye ed 5 Apn"12trLZ. FINANCN REVIEW The ch¥tWs totsl in0J frrTh al irx)Jme, and d810ns. amountod lo £W,30612021.. £78,1e6. a& rnstabjl Ir) £132.16912021.. £71.804. as r95ts1•Jl resultlng in net lexFethJmnlx tefcye gain9 ¢M inve8trn8nls. ¢X £141.863}1221.. £6.3621. Realmed 8nd urwtalBed gawWII(oseslarfslTrJ on the¢l•iWswctsJ TrkklfdmjdUrknYJtsIvar w¥JJnd10£6827212021'. £543.4771. A9 8 th8 rthrlty's UTh1rr ftstxts •Kreaaed in v8ltse by £26.593 I27.. £551.6281 resirktyd fvn¢J8 d8creawJ £1X) (3)21.. £1,709. as msldl th8 The ChArity'$ unr•nCY re8eTh8S WK)unled (0£4.104.876 at 6 2021, aThJ have tr1 £4,131.475 at thg reser at 5 Aprfl 2022, It has rt Ixirrent a55ef8 for lo day (wab8 of£7,SS6 Ibwry rrent a6seti of £10.847 fsh of £7205 hebj for restrirtid wrpJse5, £3.914 wih the Chartys NOStrn m8nagws. disErEIKm to apF4y day lo ¢tsy neeth as rwjirth
NCIAL REVIEW IcoMfiNUEDI Th8 Charrf8 r•strd 8munled 6 1 2021. h• d#m5•J to £7205 at 5 Awll 2022. Th•8• are r••trthJ frjrts 8019 uwolthÈc4rnthj08Oh1ffj C¢xn8 in Spyrilual Dirth. INVEsTmEP POUCY RESERVES PCiICY 11 ra Ihe Frfjky of ¢tro1ty b tthatety maintskn Yr8•' rn8erye8 Ihat d8menl of ts unreslritlod Irn8 fvn Is Trjt fvJTrSiThJ Fi¥A A886ts1 ol ar$'M 2 yews nrrir¥J cosls Icovwiro pywrty aXndre and JMM1ralJ.on Sts.. ts¥ ewates to aFvoxm• £24.830 p.a.12021." £16.4721. As at 5 2022 Ihe r8•rvg¥ ofthtscharty ted kn £7.&8612021.. E56,4881. Thè cOurK dong IMI Ib8w r 16Nal&nl tr) 6 monts 12021". 31 ol t£tsl grthvth ol free reseryes to b• #d&4UBto. amowlng I )Lqnn8d 8xpw¢Jth. Tl 2022 yw has exc• due to th8 lntIrrrt mBde kn Ihe at Cox Iwo 11 Desnot at S A4¥12022 tcial £4.123.88912021.. £4,048.388)- N>1• 17 fofdelats. Thè Cryjncl vrtw)ds to twjbj ftwKkn wl lem furbjj lorfthure th•rft&bl L08. Th• ¥0 offund8at1h•yVrJaSÉ4,138.w(2o21: £4,112.2711.Th&inAtoeBballv•eth to b8ad8qu PLANS FOR THE FLM Th• Coach Howv KIIFryJk Twst havo •x>Jknied a has bw resF41 lor d&))tAlthng th'lapldatsd ltsJdd¥ip al the Stty a n6w hLKm in ith the exi91wy Steadlr¥J Lxtthjry. This be Used aC£c4nrmdi forthe Ctre<dknor arnj ark11ftsrj fac1&S oth41 slaff 4nd vdunteors. T imjlthng ar8 at £258.400. the es¥maW Comp dale Is now X$22. Thv of Rdr•sl dUrIr8 be 67% cl ts c18. ramwn1 33% by Tho Coath KlfivjTnWf GOING CONCERN 1C•M lat4e to Poy debts arbj lam thè) fr a of at kwt 12 trwMlh5 from the tlat• 01 otvowir¥ the88 a¢.
OF REfREAT T¢JlS TheY rmpffj1kntt8d bywrartee w88 0$ a Dx8fflb8r 1W). nber248(As. T COtI d VAw8m•nt rms urnjer Arbry lo apFt rn0rn d th8 Courril cl Mawrrtsnl as ¥eS Ixojr. •Y m8mtW 80 8NIi ofkn unid th8 rvt G8noTr1 v"ra tsn th6y b• The R8¥d. M. GJdscffl l¢J8lrman aThJ TnBI•• Th8 Rwd. D.R. sUttC (Vtc• atsj Tn19•) Th• Rwd. 8. Bats¢one 14 1kn4)er 20211 The Rd. S. CwlsgtrTr Ir8sh3n&J 14 CvcknBr 2021) Ms. J. 0'8non Ij 14 OthLYr 2W211 Tha Rth%1. A S. Wa lth. J. Summer•ll M8. L. GakJw8y Tho R. N. 14 Oeb)b8r 20211 M8. J Frtstw18PPWt•J 14 Ck#ober 20211 Mr. K BrDM8 lapwntrmj 14 Ckt¢8r 2021) Th• Rwd. L Tor8• laFfdrthl 14 2tr21) M•. (Trn#uwl {C(ry•rry Seu81 Eknctod 2021 knr IhJee yoarn Elected 2019 thy Ihrts yaqrn Eld 2019 fDrtsvo yg0 Elected 2019 fDrbvo yews EIWJ 2019 fDr y•a EknX•J 2020 yoarB Ex-oifoo ICCSD repre8lavj Elothd 2020 t¥¥0 ywa El 121 y8gr¥ EJwA&J 20211ty ts4YJ years CCSD'S trthniTrJ and #thn1 •fr (kn1. ani¥Jod Ilwh a Manapmènt Comftyttoe comprislng its bjlors. Ireeournr and th)inistraltrl¥welary'. thIB reF•Nts at least to Ihe ¢4 Mrth4•ner*( THAT)N STATUS
(fArtirArtdl TRUSTEES RESPCWSIBILMES IN RELATION TO THE FNINCIAL STATEP&NTS wth applica& I1 and UNted AtntiJ {Unit8d GenÈT4fy Arr Cornp8ry 18w rreS tho Tnthes lo krysare lIfttl stsments ffijr ar. Vnd8r rxx7w8ny the Twstee5 must not wJprove the fm8nrid Sts11 urd6ss Ilw arv sai5fiwJ thal they gNe a In and fr ¥Aew of Iha to¢t wjhabfe thI9 then ap them ¢xng6tsW,' observe ndpIeS kn Iho Charlb& S014P 2019 IFRS1trI1.' lthments eJOrnaies that are reasonable ar#1 wll conUN• kn op8NIIth. cher118ble c(mpaThy'• transaolky dwc4)58 ilh rble 8ccurw at Any tlme the fln8rtlal tkIn of I thori¢ablg compwy enable )suTv that Iho slatomonts CCffiFty 1h Act 26. Ihy rBFyt WO9 OFvrThd by Bowd ..................,.. ........ {Ch8imwnl
INDEPENt)ENf EXMIINERE REPCIiT TOTHE TRLISTEES OF 4A OF RREAT CCIYDUCTORS out pys 9 to 18. Havlng satlsfi&Y NtysdfttrAt of etswny ncl lo to be fw t"$ ye8r uTrJEr Part 18 of the 3)06 Aci And 8r8 8th>'bl• fur kn¥JeFthknI 6xninalth. I rEF#JI in r8sp8cI ol ftw examwwlion of CharW$ aco)unts Lwrted urMl8r sth 145 of1ts3 Ch8rths Att 2011 llhe 2011 Pttl. In ojt my 8xwnts)atlon. I have foll(yweil the tirecorob gibw by Ihe CW CcrfnM I)ts s8clI 145(5Xbl otthe 2011 (l•p•nd•n¢ ExamSn•fs •tt•m•Trt I havo WFIel8d my &aon. l ethllnn Ilwt Tr> meth1 m#iim come kn my attenlhjn in lh• t 20Cfj other than Y requwgnrt thBI the gNe • aThJ vlvw i a matter cOnoId aB part of an indet or the 8ccthJnts hD¥e Tr)t in accordance Ihg rnelhods 8nd rrtlnL6 01 tho Ststem8nl of Racommfftjed Prrftr• wxrnw and r8FQrtthr by trigIspp8b k) ch8ribe5 preparing thdr a¢ciyJnts wih trt RoF4ytiryJ Slar¥J&rd Inb UK&nd Rof Ireknd {FRS1021. IA WILKES FCA Aztlj Audit Ser1 EdlF48 P•rk SitlingLx)ume R(•d MakJstL* K•nt ME14 3EN ...an.yrQ23
OFR Total 2022 Total 2021 Funds tk)n8tTh 1.244 1.244 15.726 1,702 1.625 74,839 Inv8slrn8nls 15,726 73.336 Totsl In¢om• 74, 15.728 76,186 RFthsg fuThts Chthtabkry 21204 95.049 118,253 21.204 110, 19.224 $2.5 71. 1S.916 1&916 Tol41 132.189 9aln&lllo•I on In¥MtrMnts 141.6ni 11WI 141,8831 8.362 N•t NI{b5885} on Inwe8tn 68.272 543,47r 11WI 549.839 FiwKI 816 2021 Fund lIn£•¥ •1 SWI 2022 4.104.876 4.131.475 4.112271 4,138,680 3,562.432 7.205 4.112271
EfREAT Tot•1 X121 FundB Fund Inc•rn•from: Don8thx8 1.702 1,625 74,839 1.825 74,839 78.541 1.625 78.168 RalBlng fLYl$ Charitab 19.224 49.1 19.224 3.414 3.414 71,804 M•t l•xp•ndliUr•ne0Th I qaln•lllo•M•l on In¥MlTrdnl• 8.151 11.7891 Nat galn8llk)ss•s1 on 543.477 543,477 561.e28 11,789) 549,839 Fund balrI At 6 Awl 2020 Fund baknnc•• At J Wl 2121 3,S53.248 9.184 3.S62,432 4,104.876 4.112271 The nrAe8 on F•388 12 10 18kwm pwt<le *Lwnts. 10
OF RETREAT CCWDIKTOR 2022 2021 11 12 1.$95.043 2,S32.7 4.127.833 1,483.929 2,621,742 4,085,671 13 Cath ot ba 43.947 32.186 Cwrydlt¢xB: •Th91$ lalwrffj du• wIdn on• ymr 14 (33.1th)1 {$.5861 10.847 4.138,680 4.112,271 kn¢om• fvnd Re8tred lund$ 7.205 7.395 17 4.123,889 7.586 4,138,680 4.048.388 4,112.271 For th• •Mlgd 5 2W12 tho owny 89 11•] to •x•rryth Irryn 477 of t tr tsmall con¥>8rwe8' Approved ty I1 ol c 8b3rd boh•ll ty.. (Chalrman) Th• nirtés w pggss 12 kn 18 frAm pldtlvirnn
THE SOCIEtY FIEfREAT CONtNJCTtJIS S TO 7HE ACCOU . Acc(NG PCKICIES 8latements. in Ihè IM and of IFRS 102118ff8th9 1 2019). Th& Charlty h86 laken then1 of WD¥i8M i) thts SORP ts ¢h•rrtJts appng FRS102 iW•to 8ulolln 1 the lunLcrnl vJrrww oflh• aTrJ rcdJr4Jod lo the no8rasl L bl Chwltat46 status coryany was tw814e ?j * Iknmthl guarsnt••. tthlrwa 8 ¢td. In ts ov•nt 01th8 t•rty Illlblty the%wwar• l• to E20 perstatutory Co¥en8nii. 11 CawknLl• kl FyTrJ c4515 ojts. Ihty 8t rrArket vak at 8&ch Sheet date hith ra815$% and Inve5bwts is withkn assvts 88nn8rk*l br u6e In Charity's 12
THE IETY OF RETREAT CONO 5A ACCOiJNTING POUCIES IciyJltthJ) gl Ftmd StnKtu DOS¥tad IwpJ8 have be Sat asidè at th8 di¥cYelwJn of th8 IN8tee8 ts 6GI 11 Tax Th8 cl an ex•mFI IIKg til •ctdLd• 3 Acl 2011 and IJ wn81dg ID F4S$ the te•l• 601 ¢yA In Parwa(th 1 SdJ&Jle 6 2010. 11 moots tho tsffftfdon ot a •yp•ThYthre thot Pe c(TrbiMd lth 815 Aprfl 2022 arv constdw•J In 2020 th• cl r•v&4od to IrKI1• Iho Cwrne kn ¥thJ81 tXrKUon In Iho fin8nctsl $Ithirth ol the Socknty. it wa5 8kn th lutNJs bo rostrioJ as al moniBS will be CommLyth rtjlalngd on 22 21122. wnounts 6houkl hthfe been Indudod slnc• 2020. In ordar lo rellara ftK*¥o&. a aAuBlrnont has b88n to rofod ts 0(alty •TrJ pow of In the 8PF4k•lkJn d th8 eharws 4ccrojnb IFusI are rwknd to mak8ludggm8nls. OBUm•to8 d $$nps ab(t ¢¥rrwrg amtyml ol •8s¢tS and that are rt raath'ly 8Fvar8nt from olher fund• 2022 fvnds 2021 1.702 249 1.244 1.7D2 13
funds 2021 2022 - Trthq (Trxme 15.728 1,625 lunds 2021 2022 Intxtm from tljted 65.219 3,320 6.300 10,3SO 73.336 74.839 fund* 2022 In¥e8twffit m8nrye¢8 fw8 19.224 6. Chirllobl• KllYttl•• nd• nd8 2021 Grnnts F¢y8tle PrOrty 70218 11,213 13.61B 30,894 8.556 9.916 95.049 49.188 fvnd• 2022 lunds 2021 15.916 3.414 14
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fyrt• pay fund• frJnd8 2021 Gr8nts wKIMdu1142 grnrts r221.. 63 m811 ant to In8UtyJt1cS(1 grant12ry21.. grantsll 69.018 70218 30.694 & Pmp•rty •xpth Unrestrkt&J funds 2021 fvnd• 2022 Fu818Th1 IWI 1,CfjO 311 1,914 5.281 126 1.541 7.584 R8t88 p•Y nNACe 11.213 8,556 Z022 2021 Admlnistratk)n 10) Olher admIotrati0n ca 4.617 4.9)1 4.801 13,618 9,916 No reMur80 was pJlolM they41r Ih• yw, tr. of£47812021: £NII [Ted wi th• knhorK8 rf ly cha$ obpdÈ. 4nd travel and ndry ewEn%5. Were rarnd. $89 20. s¢AII cxts wd tothe lnt0T. F5 the Traasu¥or and CL¥npany lund¥ 2022 2021 4.617 3.056 No 8taff wwe ry)y•J thwlTrJ the (21r21: 1. 15
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Inv••lTrw•rt Vduat Total At 6 Aprl 2021 Addl)S 1.463,929 131,114 At 5 Aprl 2tr22 1.595,043 Tho Cujrdl ¢M mitr38nrt C(lMed that th8¥tiMat¢ ofnYJTket value of 1 2 StathwKI Cottages at 5 2022 was £750.IKK) on the from Ibbeil M06ety CNarlar&J Smiwrs LLP Ihlstorf¢>l ¢>)St£162,C681. at 6 Aprl 2021 5 P4YI 2022 tha • 67% 5hve in Th? C<th lyAe, )rth K88W Fc4fMng ts crylekn cl reltsrt)tslIents k) thè 2017118 201e419 whlch Ihe charity h•s pakj 67% of tho co. tho bel th& c05t pg¥J ty the th8rty frjr prowrty thre {£7W8881 lo to lat4ax al 5ApYI 2022. Ourlry IIKI yewthe oThd a 67% #w• In Ihe culLrfdo¥eWr¥J • rffw k¥Wtyat Th• Cojth curred h Ihe year tcts18d e131.11412021.. £7,911). Cwh In Portltsllo Tot•1 At 6 Aprl 2021 2.584,489 1123.8&%1 37.253 123,885 1197,X4)) 2,821.742 1197.5C¥)I 68,272 61,259 121,2041 2.532.790 eo2r4 01,4 121.2041 3.914 At S 4+r# 2022 2.528.876 1.$69.4S3 Hlstsyka ¢ost8t 5 4¥112(Q1 1.710.448 18r•l inv•sthwth ltr15% oflhe 081¥h4 FO)rtk4w) ty vthel ats 2022 2022 132,83Q lff3,262 165,764 178.945 S"Sh IrNostrMrtTnt Sprax-S8rrxJ Ewineerryy Sogm PLC 16
PrepayTherts 249 1& Cr•dllorn: •bunt• tsllkng du• +Jn• 2021 Grants ft1$ 3.188 2,400 5.788 33.IC 5,588 Totsl 20 Trt•l 2021 Flx•d aBsets 4.127,833 3.642 4.127033 10.847 4,085.673 26,600 4.112,271 7.205 4.121.475 4.138,eao Tol•l 2021 4.COS.671 19,205 4,C485.871 4.104,876 7.395 4,112271 AtiWI Tran¥l•rn At 5 Aprfl 2022 In y•ar Al 6 Aprm At fj Aprfl 2K1 Ins 9.184 11.789) 7.395 17
41- 17. D•natad At 6 Awil N•w D•slgnatlM• At 5 Aprbl 2022 1,463.¥29 2.584,459 4.1>18.388 131,114 69.493 In¥8slment fvr#l 1.595,043 2,S28,846 4,123.8B9 1124,1rA) 1124.1C61 199.&)7 At6Aw• At 5 Aprll 2021 I.4.016 1.957,978 3A11996 1.483,929 2.584.459 4,048,368 1.056,791 1.W.702 143),3101 1430,3101 Cclr9. Th• SW ol RelNI fc the wolNy ofthe trthrlnp d 8n8wv 41 mèt 19. c¢Mnmllm•rt• I the yaarfjnd th¥ ScK•ty hod cfmniited tr¥ Fjr(1J an •dthThl 8t• d 1PA kn Th• Ste8dr¥>s, T d5 2021 22 Mr K Browr The L Tr? M$ H Raw¥Jall The Revd D R Sukn Th8 N Hekn ts K Rth"r 415 240 341 31 478 955 18
THE mled b IEfY OF REfR84T CChNDKTORS 2021 INCOME - indfvht - Grf( re1v81 Rents le¢able 1,702 249 10.3x1 1578 ,408 74. 3.320 &S.219 76,541 EXPENDtTIJRE PRCERfY EXPENSES Fand1 Gard8n 6XKts• RateB 8ThJ in8urnn¢• Lat Ixopoty expgrAe• 1,963 125 1.541 311 1.914 5281 11213 70218 30.694 DMINISTRATION EXPENSES R•nt sublpIN)N5 kndependent Ex•nbMrf# l&•• Legal and wol868kx7811oe8 Post and telopho Sundry *XP 4.617 3,0 327 2.059 620 1,3 87 13 921 478 837 21.204 C<xnpul8rexw 1.474 19.224 29,f40 68,3 116253 IDEFICITrBURPLUS FOR THE FIW4Ci•L YEAR 141,6731 8.151 19
T CONDUCT 2021 INC(X4E TrainlryJ 15.n8 1,825 EXPENDrruRE Tutcrf speaker fe88 2,230 Venue htro prtTrlkng. tK¥st89• arK* RelrÈsbm8ntB 0th8rcosts 33 71 15.916 3.414 IOEFicff) FOR THE FINAPKiAL YEIA {1,7891