||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)|