2022-12-31-accounts - Church Institute

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			General	Restricted	Designated	Total	Total
		Note	Fund	Fund	Fund	2022	2021
Receipts
Rent received			20,000			20,000	20,000
Insurance premiums	receivable		2,348			2,348	3,710
Interest received			123			123	18
Investment income			16,569			16,569	16,081
Total receipts for the year			39,040			39,040	39,809
Payments
Direct charitable expenditure			25,680			25,680	52,930
Property insurance			2,348			2,348	2,199
Professional Fees			714			714
Governance costs			900			900	990
Office costs							40
Building repairs and	maintenance
Total payments for year			29,642			29,642	56,159
Net receipts/(payments) for the year			9,398			9,398	(16,350)
Realised gain on investments
Net movement in funds			9,398			9,398	(16,350)
Transfers between funds
Realised reserves at	1 January 2022		16,555		13,348	29,903	602,609
Realised reserves at	31December 2022		25,953		13,348	39,301	586,259
Unrealised movement on revaluations
Unrealised reserves	at 1 January 2022		300,915	556,356		857,271	22S,237
Prior year adjustment			(40,000)	40,000
(Loss)/Gain on investments			(67,996)			(67,996)	72,678
Gain on revaluation	ofproperty			95,000		95,000
Unrealised reserves	at31December 2022		192,919	691,356		884,275	300,915
Total reserves at31December 2022			218,872	691,356	13,348	923,576	887,174

				Note	2022	2021
Freehold property investments				10
33Rolle Street					240,375	179,480
35Rolle Street					134,625	100,520
					375,000		280,000
Other investments
Central Board ofFinance Investments					495,759	563,755
					495,759		563,755
Total Investments					870,759		843,755
Current Assets
Debtors				12	2,348	0
Bank balances:				13	50,469	43419
Total Current Assets					52,817		43,419
Total Assets ofTrust					923576		887174
REPRESENTED BY:
General fund
At 1 January 2022					16,555		32,905
Net receipts/(payments)		for the year			9,398		(16,350)
Realised gain on investment
At 31December 2022					25,953		16,555
Endowed (restricted)	fund
At 1 January 2022					556,356		556,356
Prior year adjustment					40,000
Appreciation in property		valuation			95,000
At 31December 2022					691,356		556,356
Buildings (designated)		fund
At 1 January 2022					13,348		13,348
Net receipts/(payments)		for the year
At 31December 2022					13,348		13,348
Revaluation reserve
At 1 January 2022					300,915		228,237
Prior year adjustment					(40,000)
Net unrealised (losses)/gains			for the year		(67,996)		72,678
At 31December 2022					192,919		300,915
Total reserve funds					923 576		887174

			2022	2021
3.Rents received
33 and 35Rolle Street			20,000	20,000
4.Insurance premiums	receivable
33 and 35Rolle Street			2,348	3,710
5.Interest received
Central Board ofFinance		Deposit Fund	123	18
6.Investment income received
Central Board ofFinance		Funds:
Investment Fund 1			4,822	4,664
Investment Fund 2			7,351	7,109
Property Fund			4,396	4,308
			16,569	16,081
7.Direct charitable expenditure
Littleham-curn-Exmouth		PCC	20,680	50,674
Open Door Centre			5,000
Beacon CofESchool				2,256
			25 680	52 930
8.Miscellaneous payments
Property insurance			2,348	2,199
Independent examiners	fee		900	990
Printing, Stationery &	Postage			40
Professional Fees			714
			3,962	3,229