| Trustees | The Very Revd | D Gwilliams | (Chairman) | (Chairman) | (Chairman) | ||||
|---|---|---|---|---|---|---|---|---|---|
| Canon MMorris | (Vice Chairman) | (until 26's Jtme 22) | |||||||
| JAllen (unii I 26"' June 22) | |||||||||
| Canon MJD Bishop | |||||||||
| Canon SMLloyd | |||||||||
| M Mulvaney | |||||||||
| NJ Neil-Smith | (Vice Chairman) | (fi | om 26"June 22) | ||||||
| PRead | |||||||||
| Revd Canon A | Tovmshend | ||||||||
| Charity Registration | number | 250402 | |||||||
| Company | Number | 00540920 | |||||||
| Registered | Office | The Cathedral | |||||||
| Stag Hill | |||||||||
| Guild ford | |||||||||
| Surrey | |||||||||
| GU2 7UP | |||||||||
| Independent | Examiner | Danielle Griffin | FCA | ||||||
| Moore (South) | LLP | ||||||||
| Prior House | |||||||||
| Sydenham Road |
|||||||||
| Gui1dford | |||||||||
| Surrey | |||||||||
| GU13RX | |||||||||
| Investment | Manager | Charles Stanley | k.Co.Ltd | ||||||
| 70-72 Chertsey | Street | ||||||||
| Guildford | |||||||||
| Surrey | |||||||||
| GU1 4HL |
| FOR | THE YEART | O 31DECEiirIB | KR 2022 | ||||
|---|---|---|---|---|---|---|---|
| Notes | Unrestricted | Kndowment | Restricted | Total | Total | ||
| Funds | Funds | Funds | 2022 | 2021 | |||
| f. | f. | ||||||
| Income and endowments | |||||||
| from: | |||||||
| Donations and legacies |
22,531 | 22,531 | 33,135 | ||||
| Other trading activities | 3,917 | 3,917 | 1,547 | ||||
| Investments | 5,696 | 264 | 5.960 | 6.642 | |||
| Total income | 32,144 | 32,408 | 41,324 | ||||
| Expenditure on: |
|||||||
| Raising funds | 7,168 | 335 | 7,503 | 5,850 | |||
| Charitable activities |
67,989 | 3,312 | 71,301 | 24,744 | |||
| Other expenditure | 2,003 | 2,003 | 2,056 | ||||
| Total expenditure | 77,160 | 335 | 3,312 | 80,807 | 32,650 | ||
| Net (losses) Igains | on | ||||||
| investments | 12, 14 | (20,309) | (5,008) | (25,317) | 17,624 | ||
| Net (expenditure) | / | income | (65,325) | (5,079) | {3,312) | (73,716) | 26,298 |
| Reconciliation offunds: |
|||||||
| Total funds brought | forward | 315,655 | 34,482 | 4,647 | 354,784 | 328,486 | |
| Total funds carried | forward | 250.330 | 29,403 | 1,335 | 281,068 |
| Notes | Unrestricted | Endowment | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2022 | 2021 | ||||
| Fixed Assets | ||||||||
| investments | 12 | 101.897 | 28.969 | 130,866 | 151,060 | |||
| Current Arsets |
||||||||
| Debtors | 13 | 995 | 995 | 872 | ||||
| Current Asset Im estment | 14 | 70,748 | 70.748 | 76.573 | ||||
| Cash at Bank | and m hand | 15 | 78.353 | 434 | 1,335 | 80.122 | 128.502 | |
| 150,096 | 1,335 | 151.865 | 205.947 | |||||
| Current LiabiTities |
||||||||
| Creditors: amounts | falling duc | |||||||
| within one | year | 16 | (1,663) | (1,663) | (2223) | |||
| Net Current | Assets | 148,433 | 434 | 1,335 | 150,202 | 203,724 | ||
| Total Assets | less | |||||||
| Current LiabiTities |
250,330 | 29.403 | 1,335 | 281,068 | 354.784 | |||
| Represented. | by | |||||||
| Funds | ||||||||
| Unrestricted | 19 | 250,330 | 250,330 | 313,655 | ||||
| Restricted | 17 | I 335 | 1 335 | 4.647 | ||||
| Endowment | 18 | 29,403 | 29.403 | 34,482 | ||||
| Total | 250,330 | 29,403 | 1,335 | 281.068 | 354,784 |
| Donations and Le |
acies | ||||
|---|---|---|---|---|---|
| Unrestricted | Endowment | Restricted | Total | Total | |
| Funds | Funds | Funds | 2022 | 2021 | |
| f. | f. | ||||
| Donations | 445 | 445 | 165 | ||
| Legacies Subscriptions |
15,055 5,996 |
15,055 5,996 |
26,000 5,986 |
||
| Gift Aid | 1,035 | 1,035 | 984 | ||
| 22,531 | 22,531 | 33,135 |
| Unrestricted | Endowment | Restricted | Total | Total | |
|---|---|---|---|---|---|
| Funds | Funds | Funds | 2022 | 2021 | |
| f. | |||||
| Dividends | 4,822 | 264 | 5,086 | 6,379 | |
| Interest | 874 | 874 | 263 | ||
| 5,696 | 264 | 5,960 | 6,642 |
| R~ii p |
L | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Restricted | Total | Total | ||
| Funds | Funds | Funds | 2022 | 2021 | ||
| Social events (see Note 10) | 1,962 | 1,962 | 590 | |||
| Investment | Manager fees | 1,202 | 335 | 1,537 | 1,261 | |
| Support costs (seeNote 8) | 4,004 | 4,004 | 3,999 | |||
| 335 | 7,503 | 5,850 |
| Charita | ble Activities |
|||||
|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Restricted | Total | Total | ||
| Funds | Funds | Funds | 2022 | 2021 | ||
| Grants | (see Note 9) | 65,320 | 3,312 | 68,632 | 22,053 | |
| Support | costs (seeNote 8) | 2,669 | 2,669 | 2,691 | ||
| 67,989 | 3,312 | 71,301 | 24,744 |
| Other Ex enditure | Other Ex enditure | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Restricted | Total | Total | ||||
| Funds | Funds | Funds | 2022 | 2021 | ||||
| 2 | ||||||||
| Independent Underaccrued |
Examiner's 2020 |
fee | 1,650 | 1,650 | 1,500 210 |
|||
| Trustee Indemnity | Insurance | 353 | 353 | 333 | ||||
| Legal fees | 13 | |||||||
| 2,003 | 2,003 | 2,056 |
| Raising | Charitable | Other | Total | Basis of | |||
|---|---|---|---|---|---|---|---|
| Funds | Activities | Expenditure | 2022 | Allocation | |||
| K | |||||||
| Salaries | (including | Ers NIC) | 4,004 | 2,669 | 6,673 | Time | |
| Grants | made to | Guildford | Cathedral |
| Grants made to Guildford Cathe |
dral | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| AV equipment (for live streaming: advancentent Additional laptops for for flexible working for Benches for Cathedral Green (outside Seasons) |
ofreligion) staff |
14,472 3,581 4,000 |
||
| From Reginald Boeg Maintenance Young People's Work Repairs Support for Families and Schools Database upgrade |
Fund (restricted) | 3,312 2,567 20,089 31,264 11400 68,632 |
22,053 |
| FO | FO | R THK YEAR ENDING 31 | DECEMBER 2022 | ||
|---|---|---|---|---|---|
| 10. | Social Events | ||||
| {net income) | 2022 | 2021 | |||
| f. | |||||
| Westminster | Galleries | visit | 195 | ||
| Tombola at | Christmas | Fair | 1,475 | 595 | |
| Christmas Lunch |
122 | ||||
| Festive Tea | 145 | ||||
| 1 8]5 | 717 |
| Fixed Asset Investments | |||
|---|---|---|---|
| Unrestricted | Endowment | Total | |
| Market value at 1 January 2021 | 117,586 | 33,474 | 151,060 |
| Additions at cost |
35,468 | 11,648 | 47,116 |
| Equalisations | (86) | (6) | (92) |
| Disposals | (36,729) | (11,138) | (47,867) |
| Net gain on investments | (14,342) | (5,009) | (19,351) |
| Market value at 31December 2022 | 101,897 | 28,969 | 130.866 |
| Ofwhich: | |||
| Listed investments | 130866 |
| The follo | wing investments account |
for more than 5'/o ofthe l |
isted investm |
|---|---|---|---|
| 2022 | 2021 | ||
| Schroder | Unit Trusts | 0/ | 8 0o/o |
| iShares | 5.8o/o | 8.5'/o | |
| Vanguard | Funds | 5.1o o | 5.3o/o |
| Edentree | 6 2o/o | -/o |
| 13. | Debtors | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Restricted | Total | Total | ||||
| Funds | Funds | Funds | 2022 | 2021 | ||||
| Accrued income —interest | 104 | 104 | 3 | |||||
| Gift Aid Claim | 891 | 891 | 869 | |||||
| 995 | 995 | |||||||
| 14. | Current Asset Investment | |||||||
| 2022 | 2021 | |||||||
| CCLA Investment Account |
||||||||
| Value at 1 January | 56,308 | 48,721 | ||||||
| Unrealised profit/(loss) |
in year | (5,967) | 7,587 | |||||
| Value at 31December | 50,341 | 56,308 | ||||||
| Shawbrook 12 month fixed |
rate accounts | 20,265 | 20,265 | |||||
| Interest reinvested | 142 | |||||||
| Value at 31December | 20„407 | 20,265 | ||||||
| Total Value at 31December | 70,748 | 76,573 | ||||||
| 15. | Cash at Bank and in Hand | |||||||
| Unrestricted | Endowment | Restricted | Total | Total | ||||
| Funds | Funds | Funds | 2022 | 2021 | ||||
| Lloyds Current Accounts | 13,952 | 1,335 | 15,287 | 34,524 | ||||
| CAF 60 day Account | 20,000 | 20,000 | 20,000 | |||||
| CCLA Deposit Account | 40,536 | 40,536 | 69,135 | |||||
| Charles Stanley Income | Accounts | 483 | 26 | 509 | 598 | |||
| Charles Stanley Capital | Accounts | 3,382 | 407 | 3,789 | 4,245 | |||
| 78,353 | 433 | 1,335 | 80,121 | 128,502 |
| At 1January | At 31December | ||||||
|---|---|---|---|---|---|---|---|
| 2021 | Income | Expenditure | 2022 | ||||
| Arthur Mason Flower Fund | —income | 1,335 | 1,335 | ||||
| Reginald | D Boeg Legacy | —income | 3,312 | 3,312 | |||
| 4,647 | 4,647 |
| Realised/ | At | ||||||
|---|---|---|---|---|---|---|---|
| At 1January | Unrealised | 31December | |||||
| 2022 | Income | Expenditure | Gains / | 2021 | |||
| Transfers | |||||||
| K | |||||||
| General | Fund | 315,655 | 32,144 | (77,160) | (20,309) | 250,330 | |
| Realised/ | At | ||||||
| At 1January | Unrealised | 31 December | |||||
| 2021 | Income | Expenditure | Gains / | 2021 | |||
| Transfers | |||||||
| General | Fund | 292,190 | 41,074 | (32,377) | (14,768) | 315,655 | |
| 20. | Analysis | ofNet Assets Between Funds |
| Fixed Asset | Current | Current | |||
|---|---|---|---|---|---|
| Investments | Assets | Liabilities | Total | ||
| Unrestricted | funds | 101,897 | 150,096 | (1,663) | 250,330 |
| Restricted funds | 1,335 | 1,335 | |||
| Fndowment | Funds | 28969 | 434 | 29,403 | |
| 130,866 | 151,865 | (1,663) | 281,068 |
| Analysis o | fNet Assets be | tween funds for year e | nded 31Dece | mber 2021 | |
|---|---|---|---|---|---|
| Fixed Asset | Current | Cnrrent | |||
| Investments | Assets | Liabilities | Total | ||
| f. | |||||
| Unrestricted | funds | 117,586 | 200,292 | (2,223) | 315,655 |
| Restricted | funds | 4,647 | 4,647 | ||
| Endowment | Funds | 33,474 | 1,008 | 34,482 | |
| 151,060 | 205,947 | (2,223) | 354,784 |