ST LFR's TrUST ACCOUNTS YEAR ENDED 31 AUGUST 2022 rip9i*toved Chawity NumP?r 246989
| Page | ||
|---|---|---|
| Report ofthe Trustees | 1-3 | |
| Independent Examiner's |
Report | |
| Statement of Financial |
Activities | |
| Balance Sheet | ||
| Notes forming part ofthe Financial Statements |
7-9 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | Total Funds | Total Funds | |||
| (All Unrestricted)f | (All Unrestricted) | ||||
| INCOME AND ENDOWMENTS | FROM: | ||||
| Dividend income |
33,402 | 32,180 | |||
| Bank interest | 13 | 2 | |||
| Rent and insurance: St Wilfrid's | School | 18,192 | 14,324 | ||
| Donations | 500 | ||||
| TOTAL INCOME | 52,107 | 46,506 | |||
| EXPENDITURE | |||||
| Charitable Activities |
|||||
| Bursaries for pupils at Exeter Cathedral | School and | ||||
| StWilfrid's School (Exeter) Ltd | 24,000 | 18,000 | |||
| Other Grants | 3,897 | 10,530 | |||
| Legal and professional | 8,123 | ||||
| Depreciation: Property |
3,800 | 3,800 | |||
| Insurance ofStWilfrid's School |
7,192 | 6,624 | |||
| Trustees' insurance |
559 | 532 | |||
| Management and administration |
ofthe | Charity | 6,088 | 6,113 | |
| TOTAL EXPENDITURE | 53,659 | 45,599 | |||
| (Loss)/Gains investments |
(58,178) | 188,173 | |||
| NET MOVEMENT IN FUNDS |
(59,730) | 189,080 | |||
| Fund balances brought forward | 1,575,055 | 1,385,975 | |||
| Fund balances carried forward | 1,515,325 | 1,575,055 |
| Note | ||||||
|---|---|---|---|---|---|---|
| 2022f | 2021f | |||||
| FIXEDASSETS | ||||||
| Mixed motive investment | 292,600 | 296,400 | ||||
| Investments | 1,196,079 | 1,253,757 | ||||
| 1,488,679 | 1,550,157 | |||||
| CURRENT ASSETS | ||||||
| Other debtors | 771 | |||||
| Santander bank |
account | 40,537 | 35,107 | |||
| 41,308 | 35,107 | |||||
| LIABILITIES:AMOUNTS | ||||||
| FALLING DUE WITHIN ONE YEAR | ||||||
| Accrua Is | 4,589 | 3,033 | ||||
| Grant commitments | 9,251 | 6,354 | ||||
| Rent received in |
advance | 822 | 822 | |||
| 14,662 | 10,209 | |||||
| NET CURRENT ASSETS | 26,646 | 24,898 | ||||
| NET ASSETS | 1,515,325 | 1,575,055 | ||||
| REPRESENTED | BY: | |||||
| UNRESTRICTED | FUNDS | |||||
| General Purpose | Fund | 1,515,325 | 1,575,055 |
| The following bu |
rsaries were payable during the y |
ear for pupils attending: | |
|---|---|---|---|
| 2022 | 2021f | ||
| Exeter Cathedral | School | 12,000 | 9,000 |
| St Wilfrid's School (Exeter) Limited | 12,000 | 9,000 | |
| 24,000 | 18,000 |
| During the year were made to 19 (2020 Christian education. |
: 18) other schools to | assist them in |
promoting | |
|---|---|---|---|---|
| 2022f | 2021f | |||
| Grants to schools Teddies and Bibles in bags project Organ project |
2,897 1,000 |
9,042 1,488 |
||
| 3,897 | 10,530 | |||
| 4. | MANAGEMENT AND ADMINISTRATION |
OF THE CHARITY | ||
| 2022f | 2021f | |||
| Independent Examiner's remuneration Clerk's salary/clerkship fees |
1,488 4,600 |
1,548 4,565 |
||
| Printing, postage and stationery |
||||
| 6,088 | 6,113 |
| w pp practical to apportion the asset between investmen ofthe asset is held as a tangible fixed asset. |
ts and tangible fix |
ed assets, the whole | |
|---|---|---|---|
| Freehold Propertyf | |||
| Cost At 1 September 2021 and 31 August 2022 |
380,000 | ||
| Depreciation As at 1 September 2021 Charge for year |
83,600 3,800 |
||
| At 31 August 2021 | 87,400 | ||
| Net Book Value at 31August 2022 | 292,600 | ||
| Net Book Value at 31 August 2021 | 296,400 | ||
| 7. | INVESTMENTS | ||
| Investments are included in the balance sheet at market value. |
|||
| Investment Reconciliation |
|||
| Market value at 1 September 2021 | 1,253,757 500 |
||
| Additions Loss on revaluation to market value |
(58,178) | ||
| Market Value at 31August 2022 | 1 196079 | ||
| 2022 | 2021f | ||
| 54,677 (2021:54,654) Income Shares ofCBFChurch of England Investment Fund |
1,196,079 | 1,253,757 |