2021-12-31-accounts - Church Institute

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	General	Restricted	Designated	Total	Total
Note	Fund	Fund	Fund	2021	2020
Receipts
Rent received	20,000			20,000	20,000
Insurance premiums received	3,710			3,710	692
Interest received	18			18	200
Investment income	16,081			16,081	16,083
Total receipts for the year	39,809			39,809	36,975
Payments
Direct charitable expenditure	52,930			52,930	59,082
Property insurance	2,199			2,199	2,198
Professional Fees
Governance costs	990			990	870
Office costs	40			40	48
Building repairs and maintenance					1,037
Total payments for year	56,159			56,159	63,235
Net receipts/(payments) for the year	(16,350)			(16,350)	(26,260)
Realised gain on investments					1,344
Net movement in funds	(16,350)			(16,350)	(24,916)
Transfers between funds
Realised reserves at 1 January 2021	32,905	556,356	13,348	602,609	627,525
Realised reserves at 31December 2021	16&555	556&356	13&348	586&259	602,609
Unrealised movement on revaluations
Unrealised reserves at 1 January 2021	228,237			228,237	206,572
Gain on investments	72,678			72,678	21,665
Gain on revaluation ofproperty
Unrealised reserves at 31December 2021	300,915			300,915	228,237
Total reserves at 31December 2021	317,470	556,356	13,348	887,174	830,846

				Note	2021		2020
Freehold property investments				10
33Rolle Street					179,480		179,480
35Rolle Street					100,520		100,520
						280,000		280,000
Other investments
Central Board ofFinance Investments					563,755		491,077
						563,755		491,077
Bank balances
National Westminister	Bank Plc			12	24,988		41,338
Central Board ofFinance				13	18,431		18,431
						43,419		59,769
Total Assets ofTrust						887 174		830 846
REPRESENTED BY."
General fund
At 1 January 2021						32,905		65,284
Net receipts/(payments)		for	the year			(16,350)		(25,223)
Realised gain on investment								1,344
Transfers (to)/from Buildings Fund								(8,500)
At 31December 2021						16,555		32,905
Endowed (restricted)	fund
At 1 January 2021						556,356		556,356
Net receipts for the year
(Depreciation)/appreciation			in property valuation
At 31December 2021						556,356		556,356
Buildings (designated)		Fund
At 1 January 2021						13,348		5,885
Net receipts/(payments)		for	the year					(1,037)
Transfers (to)/from General			Fund					8,500
At 31December 2021						13,348		13,348
Revaluation reserve
At 1 January 2021						228,237		206,572
Net unrealised gains for		the	year			72,678		21,665
At 31December 2021						300,915		228,237
Total reserve funds						887 174		830 846

			2021	2020
3.Rents received
33 and 35Rolle Street			20,000	20,000
4.Insurance premiums	received
33 and 35Rolle Street			3,710	692
5.Interest received
National Westminister	Bank pic
Central Board ofFinance		Deposit Fund	18	200
			18	200
6.Investment income received
Central Board ofFinance		Funds
(1)Fixed Interest Fund				304
(2) Investment Fund 1			4,664	4,503
(3) Investment Fund 2			7,109	6,866
(4)Property Fund			4,308	4,410
			16,081	16,083
7.Direct charitable expenditure
Littleham-curn-Exmouth		PCC	50,674	56,582
Open Door Centre				2,500
Beacon CofESchool			2,256
			52,930	59,082
S.Property insurance			2,199	2,198

		2021	2020
9.Miscellaneous payments
Independent examiners	fee	990	870
Printing, Stationery 4	Postage	40	48
Professional Fees
		1,030	918
10.Freehold Property Investments
Professional valuation	at 27 September 2017
33Rolle Street		179,480	179,480
35Rolle Street		100,520	100,520
		280,000	280,000
11.C.B.Finvestments
(4) Investment Funds Units - at market value
At cost - 670,000		183,770	160,453
(5) Investment Funds -	at market value
At cost - 6153,000		280,132	244,587
(6)Property Funds - at	market value
At cost - $80,000		99,853	86,037
		563,755	491,077
12.National Westminster	Bank
Current Account		24,988	41,338
		24,988	41,338
13.Central Board ofFinance
Deposit account		18,431	18,431
		18,431	18,431