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2021-12-31-accounts

Unrestricted Unrestricted Restricted Endowment Total Total
Funds Funds Funds Funds Funds Funds
General Designated 2021 2020
Notes 6 6 6 6 6 6
Income and Endowments from:
Donations
and Legacies
8,678 5,000 6,210 19,888 16,862
Charitable
Activities
547 6,004 274,866 281,417 275,095
Investments 6,230 91,559 4,778 102,567 105,940
Other 425,033
Total 4 15455 102563 285 854 - 403872 822930
Expenditure
on:
Charitable
Activities
134,111 101,974 391,815 627900 441 459
Total 5 134111 101974 391815 627 900 441 459
(Losses) IGains on Investments 20,133 300,980 15,490 336,603 284,194
Net Income I(Expenditure) (98,523) 301,569 (105,961) 15,490 112,575 665,665
Transfers
between
Funds 19 125,508 (120,000) (5,508)
Net lrrlovement
in Funds
26,985 181,569 (111,469) 15,490 112,575 665,665
Reconciliation
of Funds:
Total Funds brought forward
asat1 January2021 279,724 5,287,796 612,390 239,996 6,419,906 5,754,241
Total Funds carried forward
as at 31 December 2021 19 306709 5469365 500921 255 486 6532481 6419906

2Q21 2020
Notes
Total Income 403,872 822,733
Total Expenditure 627900 441 459
(224,028) 381,274
Surplus on Disposal of Investments
Surplus on Ordinary Activities 20 (224,028) 381,274
Net Income for the Year (224028) 381274
2021 2020
Notes 8
Fixed Assets:
Tangible Assets 21
Investments 22 5,008,397 4,671,794
Total Fixed Assets 5,008,397 4,671,794
Current Assets:
Debtors (falling due after one year) 23 54,900 10,000
Debtors (falling due within one year) 23 11336
66,236
5460
15,460
Cash at Bank and in Hand 1 467 948 1 741 895
Total Current Assets 1,534,184 1,757,355
Liabilities:
Creditors
(falling due within one year)
24 ~10100 9243
Net Current Assets 1,524,084 1,748,112
Total Assets less Current Liabilities 6,532,481 6,419,906
Total Net Assets 25 6 532481 6419906
The Funds ofthe Charity:
Endowment
Funds
255,486 239,996
Restricted Income Funds 500,921 612,390
Unrestricted
Funds:
Designated
Funds
General Funds
5,469,365
306 709
5,287,796
279724
Total Unrestricted Funds 5,776,074 5,567,520
Total Charity Funds 26 6 532481 6419906

2021 2020
E E
Net Income / (Expenditure)
for the Year:
As per Statement of Financial
Activities
112,575 665,665
Adjustments
for:
(Gains) / Losses on Investments (336,603) (284,194)
Dividends
and Interest from Investments
(102,567) (105,940)
Loans made in furtherance
ofobjects
(61,000)
Repayment
ofloans made
in furtherance
ofobjects 10,000 3,000
(Increase)
/ Decrease in Debtors
Increase
/ (Decrease) in Creditors
224
857
250
~106
Cash Flow from Operating
Activities
(~489 089 (~386990
Nei Cash Provided
by / (Used in) Operating
Activities (376,514) 278,675
Cash Flow from Investing
Activities
Dividends
and Interest from Investments
102,567 105,940
Purchase of Investments ~83431
Net Cash Provided
by / (Used in) Investing
Activities 102 567 22 509
Increase
/ (Decrease) during the Year
(273,947) 301,184
Cash and Cash Equivalents
as at 1 January 2021
1,741,895 1,440,711
Cash and Cash Equivalents
as at 31 December 2021
1 467 948 1 741 895
Analysis ofCash and Cash Equivalents
Cash in Hand 91 83
Notice Deposits (less than three months) 1 467 857 1 741 812
Total Cash and Cash Equivalents 1 467 948 1 741 895

Unrestricted Designated Restricted Endowment Total Total
Funds Funds Funds Funds Funds Funds
Notes f 2021
f
2020
f
Donations
and Legacies
Subscriptions
and Donations
Legacies
6 8,678 5,000 6,210 19,888 16,862
8678 5000 6210 19888 16862
Charitable
Activities
Gift Aid Scheme
Professional
Services
547 6004 274,886 274,866
6551
270,252
4843
547 6004 274 866 281 417 275095
Investments
Interest Receivable
Investment
Income
9
10
105
6 125
91 559 66
4712
171
102396
2,536
103404
6230 91 559 4778 102567 105940
Other Incoming Resources
Trust Income 11 425033
Total Income and Endowments 15455 102563 285 854 403872 822930
5.
EXPENDITURE
Unrestricted Designated Restricted Endowment Total Total
Funds Funds Funds Funds Funds Funds
Notes f f f f 2021
f
2020
f
Charitable
Activities
Advisory Services 12 93,878 93,878 93,795
Benevolent
Payments
13 2,400 2,400 8,500
Chapel Projects 14 25,000 116,127 141,127
Educational
Support
15 1,000 1,000
Gift Aid Scheme 16 13,411 268,105 281,516 278,710
Ministry Support 17 - 75,490 4,183 79,673 32,143
Professional
Services
18 26,822 1,484 28,306 28,311
Total Expenditure 134111 101974 391815 627 900 441 459

2021 2020
Z 6
6. SUBSCRIPTIONS AND DONATIONS
Churches 16,288 7,235
Individuals 2,940 3,039
Subscriptions 660 660
Charities 5928
19888 16862
7. GIFT AID SCHEME
Donations 274 866 270252
8. PROFESSIONAL SERVICES
Services Rendered in Connection with Trust Fund Administration 547 1,286
Other Services Rendered 6004 3557
6551 4843
9. INTEREST RECEIVABLE
Bank Deposits 171 2536
10. INVESTMENT INCOME
Unlisted
Investments
-GBTC Common Investment Fund 102396 103404
11. TRUST INCOME
Proceeds from Sale of Redundant Chapels 425033

Direct Direct Support 2021 2020
Costs Grants Costs
8 8 6
12. ADVISORY SERVICES
Providing
Advice and
Information
to Churches
63 268 30610 93878 93795
13. BENEVOLENT PAYMENTS
Grants are made to Individuals
Benevolent
Fund
Ministers'
Aid Fund
600
The Pastors'
Fund
2400 2400 7900
2400 2400 8500
14. CHAPEL PROJECTS
Grants are made to Churches
Construction
and
Maintenance
Projects
141 127 141 127
15. EDUCATIONAL SUPPORT
Grants are made to Individuals
8 A Warburton
Memorial
Fund 1 000 1 000
16. GIFT AID SCHEME
Administration 9,038 4,373 13,411 13,399
Disbursements 268 105 268 105 265311
277 143 4373 281 516 278710
17. MINISTRY SUPPORT
Church Projects 29 673
18. PROFESSIONAL SERVICES
Services Rendered
in Furtherance
of Charitable
Objects
19560 8746 28306 28311

20. NET INCOME I(EXPENDIT URE) ON OR DINARY AC TIVITIES
2021 2020
E E
This is stated after crediting and charging the following amounts:
After Crediting:
Interest Receivable 171 2,536
Investment
Income
102,396 103,404
After Charging:
Audit Fee 7,498 7,248
Pension
Fund Contributions
14,707 11,215
Rent 9,750 9,750
21. TANGIBLE FIXEDASSETS
Fixtures Total
Fittings and
Equipment
Cost
Balance as at 1 January 2021 13,552 13,552
Additions
Disposals
Balance as at 31 December
2021 13552 13552
Accumulated
Depreciation
Balance as at 1 January 2021
13,552 13,552
Charge for year
Eliminated
in respect of Disposals
Balance as at 31 December 2021
13552 13552
Net Book Value as at 31 December 2021
Net BookValue as at 31 December 2020

ANALYSIS OF NET ASS ETS BETWEEN FUNDS
Tangible Current Current Net
Fixed Assets
f
Investments Assets Liabilities Assets
Unrestricted
Funds
General
Fund
299 560 17249 (~10 100 306 709
Designated
Funds
Support
Fund
1,003,888 509,530 1,513,418
Vision and Venture 3,300,739 465,457 3,766,196
Incidental
Projects
173724 16027 189751
4478 351 991 014 - 5469365
Restricted
Funds
Gift Aid Donations 7,955 7,955
Brockley Fund 34,937 34,937
Brockley Graveyard Fund 5,928 5,928
Halifax Building
Fund
134,952 134,952
Haslemere
Fund
5,063 5,063
Otley Fund 57,275 57,275
Stoke Golding
Fund
194,776 194,776
BA Warburton
Memorial
Fund 96 96
Ministers'
Aid Fund
1,056 1,056
Benevolent
Fund
322 322
The Pastors'
Fund
58 561 58 561
500 921 500 921
Endowment
Funds
BA Warburton
Memorial
Fund 7,859 7,859
Ministers'
Aid Fund
15,736 15,736
Benevolent
Fund
2,213 2,213
The Pastors'
Fund
204,678 204,678
Loan Fund 25 000 25 000
230486 25 000 255 486
TOTAL FUNDS 5008397 1 534 184 (~10 100 6532481

2021 2020
6 6
Total Payroll Costs comprised:
Wages and Salaries 66,107 68,507
Employers' NIC 4,738 4,686
Other Benefits 14,873 11,973
Other Pension Costs 14707 11215
100425 96381
Key Management Personnel 75,758 71,500
Other Staff 24 667 24881
100425 96381

2021 2020
6 6
Expiring within 1 year 7052
Expiring within 2 —5years 16802

30. RELATED PARTY TRANSACTIONS RELATED PARTY TRANSACTIONS RELATED PARTY TRANSACTIONS
2021 2020
E E
30.1 Donations
Received from Related Parties
Board of Directors 490 715
Key Management Personnel 143 20
633 735

Unrestricted Unrestricted Restricted Endowment Total
Funds Funds Funds Funds Funds
General Designated 2020
Notes 6 8 6 6 8
Income and Endowments from:
Donaticns
and Legacies
7,760 8,905 197 16,862
Charitable
Activities
1,286 3,557 270,252 275,095
Investments 7,795 92,374 5,771 105,940
Other 425,033 425,033
Total 16841 520 964 284 928 197 822 930
Expenditure
on:
Charitable
Activities
133,992 21,204 286,263 441,459
Total 133992 21 204 286263 441 459
(Losses) iGains on Investments 16,942 254,214 13,038 284,194
Net Income i(Expenditure) (100,209) 753,974 (1,335) 13,235 665,665
Transfers
between
Funds 55,398 (50,000) (5,398)
Net Movement
in Funds
(44,811) 703,974 (6,733) 13,235 665,665
Reconciliation
ofFunds:
Total Funds brought
forward
as at 1 January 2020
324,535 4,583,822 619,123 226,761 5,754,241
Total Funds cerned forward
as at 31 December 2020 279724 5287796 612 390 239996 6419906

32.
INCO
ME AND ENDOWM ENTS (PREVIOUS YEAR)
Unrestricted Designated Restricted Endowment Total
Funds Funds Funds Funds Funds
2020
Notes 8 8
Donations and Legacies
Subscriplions
and Donations
7,780 8,905 197 16,862
Legacies
7760 8905 197 16862
Charitable Activities
Gift Aid Scheme 270,252 270,252
Professional Services 1 286 3557 4 843
1 286 3557 270252 275 095
Investments
Interest Receivable 1,559 977 2,536
Investment Income 6236 92374 4794 103404
7795 92374 5771 105940
Other Incoming Resources
Trust Income 425 033 425 033
Total Income and Endowments 16841 520964 284 928 197 822 930

Unrestricted Designated Restricted Endowment Total
Funds Funds Funds Funds Funds
2020
Notes 8 8 8 8
Charitable
Activities
Advisory Services
Benevolent
Payments
93,795 8,500 93,795
8,500
Chapel Projects
Educational
Support
Gift Aid Scheme
13,399 265,311 278,710
Ministry Support
Professional
Services
26,798 19,691
1,513
12,452 32,143
28,311
Total Expenditure 133992 21 204 286263 441 459

34.
MOVEMENT
IN F UNDS (PREVIOUS Y EAR)
Balance
1.1.20
Income Expenditure Transfers Investment
Gains/(Losses)
Balance
31.12.20
Unrestricted
Funds
General
Fund
324 535 16841 ~133992 55398 16942 279 724
Designated
Funds
Support
Fund
Vision and Venture
Incidental
Pmjects
1,085,884
3,311,856
186082
448,627
68,720
3617
6,321
14,883
(50,000) 57,715
186,674
9825
1,535,905
3,552,367
199524
4583822 520964 21 204 ~50000 254214 5287796
Restricted Funds
Gift Aid Donations 7,159 270,252 265,311 (5,398) 6,702
Brockley Fund 34,858 74 34,932
Brockley Graveyard Fund 5,928 5,928
General
Building
Fund
115,942 185 116,127
Halifax Building
Fund
135,151 289 135,440
Halstead
Fund
7,936 1,500 9,436
Haslemere
Fund
9,996 3,016 6,980
Otley Fund 57,145 122 57,267
Stoke Golding
Fund
191,100 408 191,508
BA Warburton
Memorial
Fund 772 164 936
Ministers'
Aid Fund
520 600 484
Benevolent
Fund
230 46 276
The Pastors'
Fund
58270 5440 7900 55810
619123 284928 286263 ~5398 612 390
Endowment
Funds
BA Warburton
Memorial
Ministers'
Aid Fund
Fund 6,887
13,588
197 444
893
7,331
14,'678
Benevolent
Fund
1,939 125 2,064
The Pastors'
Fund
179,347 11,576 190,923
Loan Fund 25 000 25 000
226 761 197 13038 239996
TOTALFUNDS 5754241 822930 441 459 284 194 6419906

ANALYSIS OF NET ASS ETS BETWEEN FUNDS (PREV IOUS YEAR)
Tangible Current Current Net
Fixed Assets Investments Assets Liabilities Assets
E E E E
Unrestdcted
Funds
General Fund 279427 9540 ~9243 279724
Designated
Funds
Support
Fund
936,419 599,486 1,535,905
Vision and Venture 3,078,904 473,463 3,552,367
Incidental
Projects
16204~
4177371
37476
1110425
199524
5287 796
Restricted Funds
Gift Aid Donations 6,702 6,702
Brockley Fund 34,932 34,932
Brockley Graveyard Fund 5,928 5,928
General
Building Fund
116,127 116,127
Halifax Building Fund 135,440 135,440
Haslemere
Fund
6,980 6,980
Otley Fund 57,267 57,267
Stoke Golding Fund 191,508 191,508
BA Warburton
Memorial
Fund 936 936
Ministers'
Aid Fund
484 484
Benevolent
Fund
276 276
The Pastors'
Fund
55810 55810
612390 612 390
Endowment
Funds
BA Warburton
Memorial
Fund 7,331 7,331
Ministers'
Aid Fund
14,678 14,678
Benevolent
Fund
2,064 2,064
The Pastors' Fund 190,923 190,923
Loan Fund 25000 25000
214996 25000 239996
TOTAL FUNDS 4671794 1 757355 ~9243 6419906

NET GAINS ON INVES NET GAINS ON INVES TM ENTS ENTS
The Net Gains/(Losses) on Investments during the year comprise:
2021 2020
E 6
Proceeds from sale of investments sold during the year 3,419,513 3,345,125
Original cost of investments sold during the year 2 868744 3 147095
Gains/(Losses)
realised
on investments sold during the year 550,769 198,030
Net Losses/(Gains) thereon already recognised in previous years (409232) {98532)
141,537 99,498
Net unrealised
appreciation
for the year 568858 493 190
710,395 592,688
Fund Management Expenses ~51 803 ~49 304
Net Gains/(Losses) on Investments 658 592 543 384
GROSS INCOME
2021f 2020
6
UK Equities 75,176 100.577
UK Fixed Interest 28,247 40,787
Overseas
Equities
28,748 29,573
Overseas
Fixed Interest
12,733 15.060
Alternatives 53,605 27,071
Interest on Deposits 91 343
198600 213411

2021 2020 2020
8 8
Audit Fee 1,002 996
Bank Charges 10 19
1 012 1 015
8. DISTRIBUTIONS
Distributions take account of income received on the creation of units and income deducted on
the cancellation of units.
Pence per Unit 2021 2020
8 8
20 May 2021 1.5544956 79,317 87,850
20 November 2021 2.3588273 120313 115680
199630 203 530
8. DEBTORS
2021 2020
8 8
Amounts due from Fund Managers 50,048 56,250
Accrued Income 40 1
50088 56 251
7. CASH AT BANK AND IN COIF
2021 2020
F 8
Cash at Bank (Income Funds) 4336 216
8. CREDITORS
2021 2020
8 8
Accruals 1 000 1 001

2021 2020
Income Reserve as at 1 January 2021 55,466 46,601
Transfer to/(from) Income Reserve ~2042) 8865
Income Reserve as at 31 December 2021 53424 55466

URCHASES COST
192,000 AXA Investment Management 172,980
1,180 Allspring
(Lux) Worldwide
Fund 116,206
5,050 Ocado Group 121,348
12,600 National
Grid
108,898
11,400 United
Utilities
Group 104,061
12,000 Segro 116,269
110,000 Renewables Infrastructure Group 143265
883 027
ALES PROCEEDS
17,620 Royal Dutch Shell 228,389
2,160 Rio Tinto 123,920
2,500 Astrazeneca 183,324
11,500 Ishares
li Core
UK Gilts Ucits Etf 161,829
6,500 Legal &General UCITS pic Robo Global 129,906
42,000 Pimco Global Advisors
Investment
Grade Credit ESG 456,560
20,000 Blacrock World Mining Trust 113499
1 397427

UNITED KINGDOM UNITED KINGDOM
CASH BALANCES
Quilter Cheviot Investment Managers 20,808
COIF Charities Deposit Fund 1 072 133
1,092,941 11
UK FIXED INTEREST
211,000 Allianz Global Investors GMBH Gilt Yield 422,464
25,000 Ishares
li Core UK Gilts
Ucits Eff 347,875
4,700 Ishares
li I/L Gilts Ucits
Etf 99,570
245,000 FIL Investment Services Money Builder Income 248,185
280,000 M &G Securities Optimal Income 287,840
260,000 Royal London Asset Management Ethical Bond 309400
1,715,334 18
UK EQU ITIES
50,000 Barclays 93,500
21,000 HSBC 94,217
8,850 Prudential 112,793
16,250 Smith (DS) 62,368
4,690 Compass Group 77,432
2,400 Experian 87,168
4,100 Persimmon 117,096
220,000 Lloyds 105,160
2,850 Halma 91,200
4,300 Relx 103,286
3,000 Aveva Group 102,120
3,850 Intermediate
Capital Group
84,469
1,230 London Stock Exchange 85,239
5,000 Smiths Group 78,975
50,000 Legal &General Group 148,750
8,500 B& M European Value Retail 53,890
8,000 3i Group 115,920
52,500 Taylor Wimpey 92,138
1,870
6,000
Greggs
Ocado Group
62,402
100,680
16,160 Ascential 65,028
47,500 M&G 94,763
11,000 Unite Group 122,155
660 Ferguson 86,493
42,500
3,770
JD Sports Fashion
Smith 8 Nephew
92,565
48,765
1,300 Renishaw 62,140
12,000 National
Grid
127,176
10,800 United
Utilities
Group 117,612
1,900
7,500
50,000
Derwent
London
Segro
Urban Logistics
REIT 64,885
107,738
93,500
1,310 Ashtead
Group
77840 3029463 30
5,837,738 59

Market Value %oftotal
as at31.12.21
F
f
Portfolio
EUROPE
EQUITIES
46,500
Blackrock Continental
European
23,500
Fidelity European
Trust
Income 89,489
80,018
1,885
Just Eat Takeaway
10,400
Premier Portfolio Managers
Miton European
76,833
35464
281,804
USA
EQUITIES
5,000
KBI Funds ICAV North America
Equity A inc 102,170
52,000
Blackrock North American
Equity
165,464
3,300
Sands Capital Funds US Select
Growth 156,222
450
Granahan
Funds US SMid
56,088
280,000
BNY Mellon Fund Managers
US
Equity 389424
869,368
9
FAR EAST
EQUITIES
48,500
Hermes
Fund Managers
8,300
Matthews
Asia Funds
60,000
Baillie Gifford &Co
113,568
123,919
90180
327,667
3
GLOBAL
EQUITIES
2,500
Allsping
(Lux) Worldwide
Fund
13,000
Fidelity China Special Situations
4,500
Smithson
Investment
Trust
235,650
40,430
90900
366,980
4
FIXED INTEREST
18,000
Pimco Global Advisors
Investment
Grade Credit ESG
370
NN Investment
Partners
Global Convertible
192,060
44,670
387,500
AXA Investment
Managers
Short Duration
High Yield 353788
590,518
ALTERNATIVE INVESTMENTS
49,000
74,137
315,000
20,000
122,600
104,000
53,906
20,000
International
Public Partner
Chrysalis
Investments
Charities
Property
Fund
Princess Private
Equity Holdings
Assure
The Renewals
Infrastructure
Group
Schiehallion
Fund
BMO Fund Management
Property
83,300
181,636
432,086
243,102
85,575
139,776
51,812
242 492
1,459,779
15
PORTFOLIO OF INVESTMENTS 9,733,854 99
NET CURRENT ASSETS 53,424
NET ASSETS 9787 278 100