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|Trustees||||The Very Revd DGwittiams|(Chairman|entry|
|---|---|---|---|---|---|---|
|||||Jtme 2023)(tmrtl 3la December 2023)
The Venerable
Stuart Beake (from la Jamtcny 2024)|||
|||||Canon MMorris (from 26'"Jane 23)|||
|||||I Allen (ChairPorn 26'" June
Canon MIDBishop|23)||
|||||Canon SM Lloyd|||
|||||M Mulvaney|||
|||||Nl Neill-Smith
(Vice Chairman)|||
|||||PRead|||
|||||Revd Canon A Townshend|||
|Charity Registration|||number|250402|||
|Company|Number|||00540920|||
|Registered||Office||The Cathedral|||
|||||Stag Hill|||
|||||Guildford|||
|||||Surrey|||
|||||GU2 7UP|||
|Independent||Ksaminer||Danielle Griffin FCA|||
|||||Moore (South) LLP|||
|||||Suite 3 Second Floor|||
|||||13-21High Street|||
|||||Guildford|||
|||||Surrey|||
|||||GU1 3DGX|||
|Investment||Manager||Charles Stanley &:Co.Ltd|||
|||||1 Bishops Wharf|||
|||||Walnut Tree Close|||
|||||Guildford|||
|||||Surrey|||
|||||GUl 4UP|||
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|||iNotes|Unrestricted|Endowment|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|2023|2022|
|Income and endowments||||||||
|from:||||||||
|Donations
and legacies|||9,510|||9,510|22,531|
|Other trading activities|||2,848|||2,848|3,917|
|Investments|||6,443|329||6,772|5,960|
|Total income|||18,801|329||19,130|3"-,408|
|Expenditure oa:||||||||
|Raising funds|||4,493|331||4,824|7,503|
|Charitable
activities|||101,556|||101,556|71,301|
|Other expenditure|||2,221|||2,221|2,003|
|Total expenditure|||108,270|331||108,601|80,807|
|Net gains/(losses)|on|||||||
|investments||12, 14|9,750|1,296||11,046|{25,317)|
|Net income / (expenditure)
Transfers|||{79,719)
32,032|1,294
(30,697)|(1,335)|(78,425)
0|(73,716)|
||||(47,687)|{29,403)|(1,335)|(78,425)|(73,716)|
|Reconciliation offunds:||||||||
|Total funds brought||forward|250,330|29,403|1,335|281,068|354,784|
|Total funds carried||forward|20'2,643|0|0|202,643|281,068|
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|Donations
and|Le a|cies||||||
|---|---|---|---|---|---|---|---|
||||Unrestricted|Endowment||Total||
||||Funds|Funds||2023||
|Donations|||273||||445|
|Legacies|||2,678|||2,678|15,055|
|Subscriptions|||5,761|||5,761|5,996|
|Gift Aid|||798|||798|1,035|
|In 2022 all donations||and legacies were unrestricted.||||||
|Other Tradin|Activities|||||||
||||||Restricted|Total|Total|
||||||Funds|2023|2022|
|Social Events (seeNote 10)|||2,848|||2,848|3,777|
|Trading income|||||||140|
|||||||2 848|3,917|
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||Unrestricted|Endowment|Restricted|Total|Total|
|---|---|---|---|---|---|
||Funds|Funds|Funds|2023|2022|
|||||g||
|Dividends|4,602|329||4931|4254|
|Interest|1,841|||1,841|1,706|
||6,443|329||6,772|5,960|
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|the capital
R~ii
Ã|value (2022 - f26
f|4).|||||
|---|---|---|---|---|---|---|
|||Unrestricted|Endowment|Restricted|Total|Total|
|||Funds|Funds|Funds|2023|2022|
||||g|||g|
|Social events (see Note 10)||940|||o40|1,962|
|Investment|Manager fees|1,178|331||1,509|1,537|
|Support costs (seeNote 8)||2,375|||2,375|4.004|
|||4,493|331||4,824|7,503|
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|Charita|ble
Activities||||||
|---|---|---|---|---|---|---|
|||Unrestricted|Endowment|Restricted|Total|Total|
|||Funds|Funds|Funds|2023|2022|
|||g|||g||
|Grants|(see Note 9)|99,641|||99,641|68,632|
|Support|costs (seeNote 8)|1,915|||1,915|2,669|
|||101,556|||101,556|71,301|
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|||||Unrestricted|Endowment|Restricted||
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds||
|Independent|Examiner's||fee|1,700|||1,700|
|Underaccrued|2022|||90|||90|
|Trustee Indemmty
Filing Fee||Insurance||418
13|||418I"|
|||||2,221|||2,221|
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|Anallvsis ofSu
ort|oats|||||||
|---|---|---|---|---|---|---|---|
|||Raising||Charitable|Ot,her||Basis of|
||||Funds|Activities|Expenditure||Agocatiou|
|Salaries (mcluding
Ers|NIC)||1,379||||Time|
|General expenses|||996||||Use|
|||||||4„290||
|Grants made to Guildford||Cathedral||||||
|From Reginald BoegMaintenance|||Fund|(restricted)|||3,312|
|Young People*s Work|||||||2,567|
|Repairs|||||||20„089|
|Support for Families and Schools|||||||31,264|
|Upgrade Database|||||||11,400|
|Upgrade live streaming|equipment|||||10,705||
|Suppott fol Operatlolts||||||75,000||
|Refurbishment
ofCathedral||Offices||||10,000||
|Replacement
computer||||||1,500||
|||||||99.641||
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|FO|FO|
RTHE YEARENDING 31DEC|EMBER 2023||
|---|---|---|---|---|
|Social Events|||||
|(net incotne)|||2023|2022|
|Westminster|Galleries|visit||195|
|Tombola at|Christmas|Fair|1,624|1,415|
|Festive TeaiAGM Tea,||Concert Supper|284|145|
||||1 908|1,815|
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|Fixed Asset Investments||||
|---|---|---|---|
||Unrestricted|Endowment|Total|
|Market value at 1 January 2023|101,897|28,969|130,866|
|Additions
at cost|13,973|12,673|26,646|
|Equalisations|(75)|(5)|(80)|
|Disposals|{37,643)|(13,547)|(51,190)|
|Net gain on investments|5,873|1,296|7,169|
|Transfers|29,386|(29,386)|0|
|Market value at 31December 2023|113,411|0|113,411|
|Ofwhich:||||
|Listed investments|||113411|
|The follo|wing
investments
acco|unt for more than 5%ofthe li|sted investme|
|---|---|---|---|
|||2023|2022|
|iShares||10.8%|5.8%|
|Vanguard|Funds||5.1%|
|Edentree|||6.2r%|
|UBS||58%||
|UK Gilts||11.58%||
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|||Unrestricted|Endowment|Restricted|Total|Total|
|---|---|---|---|---|---|---|
|||Funds|Funds|Funds|2023|2022|
|Gift Aid|Claim||||798||
|Overpaid|grant||||1,830||
|Accrued|income —interest||||||
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|Current Asset Investments|Current Asset Investments|||
|---|---|---|---|
|CCLrt Investnrent
Account||||
|Value at 1 January||50,341|56„308|
|Withdrawal||(25,000)||
|Unrealised
profit/(loss)|in year|3,877|(5,967)|
|Value at 31December||29,218|50,341|
|Shattrhrooh 12month|fixed rate account|20,407|20,265|
|Interest reinvested||143|142|
|Value at31December|||20,407|
|Total Value at 31December||||
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|Cash at Bank and in H|and|and|||||
|---|---|---|---|---|---|---|
||Unrestricted||Endowment|Restricted|Total|Total|
|||Fuuds|Funds|Funds|2023|2022|
||||||g||
|Lloyds Current Accounts||8,314|||8,314|15,287|
|CAF 60day Account||20,000|||20,000|20,000|
|CCLA Deposit Account||8,039|||8„039|40„536|
|Charles Stanley Income|Accounts|820|||820|509|
|L|||||||
|||39,411|||39,411||
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|||Unrestricted|Unrestricted|Endowment|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|2023|2022|
|||||||g||
||Creditors||640|||640|13|
||Accrued expenses||1,935|||1,935|1,650|
||||2,575|||2,575|1,663|
|17.|Restricted Funds|||||||
|||At 1 January||||At 31|December|
|||2023|Income|Kxpenditure|Transfer||2023|
||Arthur lviason|1,335|||(1,335)|||
||Flower Fund —income|||||||
||At 1January|||At 31December|
|---|---|---|---|---|
||2022|Income|Expenditure|2022|
|Arthur Mason Flower Fund - income|1,335|||1,335|
|Reynald DBoegLegacy —income|3,312||(3,312)|0|
||||(3,3 12)|1,335|
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||||||||||Realised/||At|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||At 1January|||||Unrealised||31December|
|||||2023||Income|Expenditure||Gains|/|2023|
||||||||||Transfers|||
|||||||||8||||
||General|Fund||250,330||18,801|(108,268)||9,750||170,547|
||Arthur Mason Flower|||0||0||0|9,793||9,793|
||Fund|—designated||||||||||
||Reginald|DBoeg Legacy||||0||0|22,239||22/39|
||Fund|—designated||||||||||
|||||250,330||18.801|{108,268)||||202.643|
||Movement||in Funds 2022|||||||||
||||||||||Realised/||At|
|||||At 1 January|||||Unrealised||31December|
|||||2022|Income||Expenditure||Coins /||2022|
||||||||||Transfers|||
|||||||g|||g|||
||General Fund|||315,655|32,144||(77,160)||(20,309)||250,330|
|20.|Analysis|ofNet Assets Between Funds||||||||||
|||||Fixed Asset||Current|||Current|||
|||||Investments|||Assets|Liabilities|||Tatai|
||||||g|||||||
||I/nresntcted
Restricted||funds
funds|113,411|||91,807||(2,575)||202.643|
||EndowmentFunds|||||||||||
|||||113,41|1||91,807||(2,575)||202,643|
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|Analysis of|Net Assets betw|een funds for year e|nded 31Dece|mber 2022||
|---|---|---|---|---|---|
||||Current|Current||
||||Assets|Liabilities||
|Unrestricted|funds|101,897|150,096|(1,663)|250,330|
|Restricted funds|||1,335||1,335|
|Endowment|Funds|28,969|434||29„403|
||||151„865|(1,663)||
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