ST ￿LFR￿'s TrUST
ACCOUNTS
YEAR ENDED 31 AUGUST 2022
rip9i*toved Chawity NumP?r 246989

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|||Page|
|---|---|---|
|Report ofthe Trustees||1-3|
|Independent<br>Examiner's|Report||
|Statement<br>of Financial|Activities||
|Balance Sheet|||
|Notes forming<br>part ofthe Financial Statements||7-9|





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|||||2022|2021|
|---|---|---|---|---|---|
||||Notes|Total Funds|Total Funds|
|||||(All Unrestricted)f|(All Unrestricted)|
|INCOME AND ENDOWMENTS|FROM:|||||
|Dividend<br>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<br>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:<br>Property||||3,800|3,800|
|Insurance<br>ofStWilfrid's School||||7,192|6,624|
|Trustees'<br>insurance||||559|532|
|Management<br>and administration|ofthe|Charity||6,088|6,113|
|TOTAL EXPENDITURE||||53,659|45,599|
|(Loss)/Gains<br>investments||||(58,178)|188,173|
|NET MOVEMENT<br>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|





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|||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<br>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<br>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|





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|The following<br>bu|rsaries<br>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|





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||During<br>the year were made to 19 (2020<br>Christian<br>education.|: 18) other schools to|assist them<br>in|promoting|
|---|---|---|---|---|
||||2022f|2021f|
||Grants to schools<br>Teddies and Bibles in bags project<br>Organ project||2,897<br>1,000|9,042<br>1,488|
||||3,897|10,530|
|4.|MANAGEMENT<br>AND ADMINISTRATION|OF THE CHARITY|||
||||2022f|2021f|
||Independent<br>Examiner's<br>remuneration<br>Clerk's salary/clerkship<br>fees||1,488<br>4,600|1,548<br>4,565|
||Printing,<br>postage and stationery||||
||||6,088|6,113|



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||w<br> pp<br> <br>practical to apportion<br>the asset between<br>investmen<br>ofthe asset is held as a tangible fixed asset.|ts<br>and tangible fix|ed assets, the whole|
|---|---|---|---|
||||Freehold Propertyf|
||Cost<br>At 1 September<br>2021 and 31 August 2022||380,000|
||Depreciation<br>As at 1 September<br>2021<br>Charge for year||83,600<br>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<br>are included<br>in the balance sheet at market value.|||
||Investment<br>Reconciliation|||
||Market value at 1 September 2021||1,253,757<br>500|
||Additions<br>Loss on revaluation<br>to market value||(58,178)|
||Market Value at 31August 2022||1 196079|
|||2022|2021f|
||54,677 (2021:54,654)<br>Income Shares ofCBFChurch of<br>England<br>Investment<br>Fund|1,196,079|1,253,757|