2020-12-31-accounts - Church Institute

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	General	Restricted	Designated	Total	Total
Note	Fund	Fund	Fund	2020	2019
Receipts
Rent received	20,000			20,000	20,000
Insurance premiums received Interest received	692 200			692 200	2,914 353
Investment income Total receipts for the year	16,083 36.975			16,083 36,975	17,273 40,540
Payments
Direct charitable expenditure Property insurance Professional Fees	59,082 2,198 0			59,082 2,198	35,519 2,178 627
Governance costs	870			870	840
Office costs	48			48
Building repairs and maintenance Total payments for year	62,198		1,037 1,037	1,037 63,235	6,088 45,252
Net receipts/(payments) for the year	(25,223)		(1,037)	(26P60)	(4,712)
Realised gain on investments Net movement in funds Transfers between funds Realised reserves at I January 2020 Realised reserves at 31 December 2020	1,344 (23,879) (8,500) 65,284 32,905	556,356 556,356	(1,037) 8,500 5,885 13,348	1,344 (24,916) 627,525 602,609	(4,712) 632,237 627,525
Unrealised movement on revaluations
Unreaslied reserves at I January 2020 Gain on investments Gain on revaluation ofproperty	206,572 21,665			206,572 21,665	148,606 57,966
Unrealised reserves at 31December 2020	228,237			228,237	206,572
Total reserves at 31December 2020	261,142	556,356	13,348	830i846	834&097

					Note	2020		2019
Freehold property investments					10
33 Rolle Street						179,480		179,480
35 Rolle Street						100„520		100,520
							280,000		280,000
Other investments
Central Board ofFinance Investments					11	491,077		499,571
							491,077		499,571
Bank balances
National Westmintster	Bank Plc				12	41,338		6,096
Central Board ofFinance					13	18,431		48,430
							59,769		54,526
Total Assets ofTrust							03D 046		834 097
REPRESENTED BY:
General fund
At I January 2020							65,284		72,408
Net receipts/(payments)		for	the year				(25,223)		1,376
Realised gain on investment							1,344
Transfers (to)/trom Buildings Fund							(8,500)		(8,500)
At 31 December 2020							32,905		65,284
Endowed (restricted)	fund
At I January 2020							556,356		556,356
Net receipts for the year
(Depreciation)/appreciation			in property	valuation
At 31 December 2020							556,356		556,356
Buildings (designated)		Fund
At 1 January 2020							5,885		3,473
Net receipts/(payments)		for	the year				(1,037)		(6,088)
Transfers (to)/from General			Fund				8,500		8,500
At 31 December 2020							13,348		5,885
Revaluation reserve
At I January 2020							206,572		148,606
Net unrealised gains for		the	year				21,665		57,966
At 31 December 2020							228,237		206,572
Total reserve funds							030846		834 D97

			2020	2019
3.Rents received
33 and 35Rolle Street			20,000	20,000
4.Insurance premiums	received
33 and 35Rolle Street			692	2,914
5.Interest received
National Westminister	Bank pic
Central Board ofFinance		Deposit Fund	200	353
			200	353
6.Investment income received
Central Board ofFinance		Funds
(I) Fixed Interest Fund			304	1218
(2) Investment Fund I			4503	4372
(3) Investment Fund 2			6866	6665
(4)Property Fund			4,410	5,018
			16,083	17,273
7.Direct charitable expenditure
Littleham-curn-Exmouth		PCC	56,582	33,019
Open Door Centre			2,500	2,500
			59,082	35,519
8.Property insurance			2198	2,178

		2020	2019
		f.
9.Miscellaneous payments
Independent examiners	fee	870	840
Printing, Stationery dr	Postage	48
Professional Fees			627
		918	1467
10.Freehold Property Investments
Professional valuation	at 27 September 2017
33 Rolle Street		179,480	179,480
35 Rolle Street		100,520	100,520
		280,000	280,000
11.C.B.Finvestments
(3) Fixed interest Units	-at market value
At cost - f30,000			30,159
(4) Investment Funds Units - at market value
At cost - f70,000		160,453	150,089
(5) Investment Funds -	at market value
At cost - f153,000		244,587	228,789
(6)Properly Funds - at	market value
At cost - 280,000		86,037	90,534
		491,077	499,571
12.Natioaal Westminster	Bank
Current Account		41,338	6,096
		41,338	6,096
13.Central Board ofFinance
Deposit account		18,431	48,430
		18,431	48,430