2022-03-31-accounts

	Page
Reference and Administrative Details
Report ofthe Trustees	2to5
Independent Examiner's Report
Statement ofFinancial Activities
Statement of Financial Position	8 to	9
Notes to the Financial Statements	10 to	20
Detailed Statement of Financial Activities	21 to	22

TRUSTEES			Rev K P Thorpe (Chair) R0Anekwe	Rev K P Thorpe (Chair) R0Anekwe
			Rev. Canon D E Shearman
			Mrs J Turner (appointed		8.7.21)
			J Tyrell (appointed	8.7.21)
REGISTERED OFFICE			Arena Church
			I Rutland Street
			Ilkeston
			Derbyshire
			DE7 BDG
REGISTERED COMPANY		NUMBER	00533151 (England	and	Wales)
REGISTERED CHARITY		NUMBER	251550
INDEPENDENT	EXAMINER		The Rowleys Partnership		Ltd
			Chartered Accountants
			Charnwood House
			Harcourt Way
			Meridian Business	Park
			Leicester
			Leicesters hire
			LE191WP
SOLICITORS			Ellis-Fermor and Negus
			2 Devonshire Avenue
			Beeston
			Nottingham
			NG9 IBS
BANKERS			Royal Bank of Scotland		PLC
			Corporate Banking	Team
			PO Box62659
			2 I/2 Devonshire	Square
			London
			EC2P 2TA

				31.3.22	31.3.21
				Unrestricted	Total
				funds	funds
			Notes	E
INCOME AND ENDOWMENTS		FROM
Charitable activities Grants				5,075	5,900
Investment income				187,118	57,174
Total				I 192193	I 63 074
EXPENDITURE ON Raising funds				58,932	43,339
Charitable activities Governance Grants Support costs				63,513 82,175 43,128	38,589 267,000 33,679
Other				9,861	9,803
Total				257 609	392,410
Net gains on investments				25,564
NET INCOME/(EXPENDITURE)				(39,852)	(329,336)
RECONCILIATION OF	FUNDS
Total funds brought	forward			6 556 022	6 885 358
TOTAL FUNDS CARRIED FORWARD				6,516,170	6,556,022

		31.3.22	31.3.21
		Unrestricted	Total
		funds	funds
	Notes	E	E
FIXED ASSETS
Investments
Investments	12	4,818,572	2,498,225
Investment property	13	421,127	837,286
		5,239,699	3,335,511
CURRENT ASSETS
Debtors	14	420,410	6,750
Investments	15	416,159
Cash at bank	16	719,807	3,567,182
		1,556,376	3,573,932
CREDITORS
Amounts falling due within one year	17	(279,905)	(91,927)
NET CURRENT ASSETS		1,276,471	3,482,005
TOTAL ASSETS LESSCURRENT LIABILITIES		6,516,170	6,817,516
CREDITORS
Amounts falling due after more than one
year	18		(261,494)
NET ASSETS		6,516 \70	6,556,022
FUNDS	20
Unrestricted funds		6,516,170	6,556,022
TOTAL FUNDS		6,516,170	6,556,022

charity to be able to con	tinue as a going concern.
INVESTMENT INCOME		31.3.22	31.3,21
		E
Rents received Dividend Income Gain on sale of Kingdom Deposit account interest	Bank	ef,iel 25,885 99,715 357	27,452 29,722
		187,118	57,174

3.	INCOME FROM CHARITABLE ACTIVITIES	INCOME FROM CHARITABLE ACTIVITIES	INCOME FROM CHARITABLE ACTIVITIES	INCOME FROM CHARITABLE ACTIVITIES	INCOME FROM CHARITABLE ACTIVITIES	INCOME FROM CHARITABLE ACTIVITIES
							31.3.22	31.3.21
							E	E
	Trust fund		income					250
	Trustee holding fees						5,075	5,650
							5,075	5,900
4.	RAISING FUNDS
	Investment		management		costs		31.3.22	31.3.21
							E	E
	Management			fees			4,307	4,846
	Investment		Management		fees		45,302	1,875
	Property	expenses					9,323	36,618
							58,932	43 339
5.	CHARITABLE			ACTIVITIES	COSTS
						Grant
						funding of
						activities	Support
						lsee note	costs (see
						6)	note 7)	Totals
						E	E	E
	Governance						63,513	63,513
	Grants					82,175		82,175
	Support costs						43,128	43,128
						82,175	106,641	188,816
6.	GRANTS PAYABLE
							31,3.22	31.3.21
							E	E
	Grants						82,175	267,000
	The total	grants paid to institutions				during the year was as follows:	31.3.22	31.3.21
							E	E
	Grants to	institutions					82,175	267,000

STAFF COS	TS
				31.3.22	31.3.21
				E	E
Wages and salaries Social security costs				32,471 2,836	27,500 2,177
				35,307	29,677
The average	monthly	number of employees	during the year was as follows:
				31.3.22	31.3.21
Management	and administration			2	2

FIXEDASSET INVESTMENTS
	Shares in
	group	Listed
	undertakings	investments	Totals
	E	E	6
MARKET VALUE
At 1 April 2021	100	2,498, 125	2,498,225
Additions		2,849,121	Z,849,121
Disposals		(554,338)	(554,338)
Revaluations		25,564	25,564
At 31 March 2022	100	4,818,472	4,818,572
NET BOOK VALUE
At 31 March 2022	100	4,818,472	4,818,57Z
At 31 March 2021	100	2,498,125	2,498,225

Above investments	are held as follows:
		2022	2021
		E	E
Equities - UK - Europe - Asia Pacific - Global - Global Emerging - North American - Specialist Fixed Interest Alternatives	Markets	1,245,408 279,338 477,000 787,925 238,366 577,647 380,875 214,040 617,873	389,551 245,816 272,320 609,151 252,877 119,980 410,303 198,127
		4,818,472	2,498,125
		2022	2021
Listed investments Cost	at cost	E 2 452 319	E 2,340,589

Cost or va	lua	tion at 31 March 2022 is	represented by:
			Shares in
			gl oup	Listed
			undertakings	investments	Totals
			E	E	E
Valuation Cost	in	2022	100	25,564 4,792,908	25,564 4,793,008
			100	4,818,472	4,818,572

Property TRT Services Ltd	Property TRT Services Ltd
Registered office:	12909933
Nature of business:	Buying and selling	of own real estate
Class of share		holding
Ordinary		100	31.3.22	31.3.21
			E	E
Aggregate capital Loss for the year	and reserves		(116,488) (116,588)	100

FAIR VALUE
At 1 April 2021 Transfer	837,286 (416,159)
At 31 March 2022	421,127
NET BOOK VALUE
At 31 March 2022	421,127
At 31 March 2021	837,286

FALLINGDUEWITHINONEYEAR
DEBTORS: AMOUNTS	31.3.22	31.3.21
	E
Amounts owed by group undertakings Other debtors Prepayments and accrued income	410,461 5,577 4,372	6,750
	420,410	6,750

31 3 22	31 3 21
E	E
416.159

ATBANK
CASH	31.3.22	31.3.21
	Total	Total
	funds	funds
	E	E
Bank current accounts Bank deposit accounts Rathbones Capital Account Cantab Capital Account	319,827 209,454 169,705 20,821	407,544 3,159,638
Ttl	719.597	5,567557,

17.	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR		31.3.22	31.3.21
								E	f
	Bank loans and overdrafts		(see note 19)					261,555	5,708
	Trade creditors							780
	Other creditors							7,527	6,318
	Accruals and deferred	income						10,043	79,901
								279,905	91,927
18.	CREDITORS: AMOUNTS	FALLING DUE AFTER MORE THAN					ONE YEAR	31.3.22	31.3.21
								E	E
	Bank loans (see note 19)								261,494
19.	LOANS
	An analysis of the maturity			of	loans is given below:
								31.3.22	31.3.21
								E	E
	Amounts falling due within Bank loans			one year on demand:				261,555	5,708
	Amounts falling due between Bank loans less than 5years				two and five years:				22,832
	Amounts falling due in	more than five years:
	Repayable by instalments: Bank loans more 5yr by instal								238,662
	The loans and advances	are		secured on the properties		to	which they relate.
20.	MOVEMENT IN FUNDS
								Net
								movement	At
							At 1.4.21	in funds	31.3.22
							f	E	E
	Unrestricted funds
	General fund						6,556,022	(39,852)	6,516,170
	TOTAL FUNDS						6,556,022	(39,852)	~6516,170

Net movemen	t in funds, inciuded	in the above are as foll	ows:
		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		E	E	E	E
Unrestricted Generalfund	funds	192,193	(257,609)	25,564	(39,852)
TOTAL FUNDS		192,193	(257,609)	25,564	(39,852)

				Net
				movement	At
			At 1.4.20	in funds	31.3.21
			E	E	E
Unrestricted General fund		funds	6,885,358	(329,336)	6,556,022
TOTAL	FUNDS		6,885,358	(329,336)	6,556,022

Comparative	net movement in funds, in	cluded in the above are as follow	s:
		Incoming	Resources	Movement
		resources	expended	in funds
		E	E	E
Unrestricted General fund	funds	63,074	(392,410)	(329,336)
TOTAL FUNDS		63,074	(392,410)	~329,336)

		31.3.22	31.3.21
		E	E
INCOME AND ENDOWMENTS
Investment income Rents received Dividend Income Gain on sale of Kingdom Deposit account interest	Bank	61,161 25,885 99,715 357	27,452 29,722
		187,118	57,174
Charitable activities Trust fund income Trustee holding fees		5,075	250 5,650
		5,075	5,900
Total incoming resources		192,193	63,074
EXPENDITURE
Investment management Management fees Investment Management Property expenses	costs fees	4,307 45,302 9,323	4,846 1,875 36,618
		58 932	43 339
Charitable activities Grants to institutions		82,175	267,000
Other Bank loan interest		9,861	9,803
Support costs
Management Insurance Travelling Admin expenses Sundries		2,487 2,637 347 1,970	1,406 853 396 1,287
		7,441	3,942
Finance Bank charges		380	60

			31.3.22	31.3.21
			E	E
Finance
Numan resources
Wages Social security			32,471 2,836	27,500 2,177
			35,307	29,677
Governance costs
Accountancy fees Legal and professional		fees	4,829 58,684	4,500 34,089
			63,513	38,589
Totalresources expended			257,609	392,410
Net expenditure before gains and losses			(65,416)	(329,336)
Realised recognised	gains and losses
Realised gains/(losses) investments		on fixed asset	36,187
Net expenditure			(29,229)	(329,336)