| Contents | ||||||
|---|---|---|---|---|---|---|
| Page | ||||||
| Trustees' Annual Report |
2-10 | |||||
| Independent Examiner's |
Report | |||||
| Statement ofFinancial | Activities | (Including | Income and Expenditure | Account) | 12 | |
| Balance Sheet | 13 | |||||
| Notes to the Financial | Statements | 14-20 |
| he trustees who served during 2022 were: |
|||
|---|---|---|---|
| Chair: The Very Reverend Jo Kelly-Moore, | Dean | Michael Graham | |
| ofSaint Albans | Moira Gray | ||
| Vice-Chair: David Skidmore | Susan Hawkins | ||
| Treasurer. Robert Raine |
Ailsa Herbert | ||
| Mary Butcher | Hazel Ireson | ||
| Judith Card | Julia Low | ||
| Liz Fotheringham | Sally Pearson | ||
| Helen Francis | Anne stockley (from 15 | February) |
| ear Ended 31De | cember 2022 | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Note | 6 | E | ||
| Income from: | ||||
| Donations and legacies |
3 | 28039.72 | 387,531.14 | |
| Publications | 4 | 16467.48 | 15213.76 | |
| Events | 5 | 3076.82 | 1656.87 | |
| Investments and deposits |
6 | 4964.86 | 1056.08 | |
| Total income | 52548.88 | 405,457.85 | ||
| Expenditure on: |
||||
| Support to Saint Albans Cathedral | 7 | 68356.73 | 40871.22 | |
| Administration | 8 | 2785.61 | 4473.67 | |
| Other | 9 | 20069.62 | 11290.62 | |
| Total expenditure | 91211.96 | 56635.51 | ||
| Net income / (expenditure) |
(39563.08) | 348,822.33 | ||
| Net Gains/(Losses) | on investments | (6413.15) | 4718.88 | |
| Reconciliation offunds: |
||||
| Total funds brought | forward | 574661,17 | 221,119.96 | |
| Total funds carried forward | 528684.94 | 574,661.17 |
| 2022 | 2021 | ||
|---|---|---|---|
| 6 | 6 | ||
| Subscribing | members | 21093.95 | 23160.10 |
| Donations | 2344.11 | 2738.00 | |
| Legaoes | 356,800.00 | ||
| Gift Aid | 4601.66 | 4833.04 | |
| Total | 28039.72 | 387,531.14 |
| nalysis of | publications income and expenditure |
||
|---|---|---|---|
| 2022 | 2021 | ||
| Income | |||
| Books and | postcards | 13183.43 | 7859,57 |
| Christmas | cards | 3284.05 | 7354.19 |
| Total | 16467.48 | 15213.76 | |
| Expenditure | |||
| Cost ofstock sold | 6559,14 | 6487.94 | |
| Reduction | in stock value | 7895.03 | 2041.10 |
| Handling | 94.33 | 12692 | |
| Total | 14548.50 | 8655.96 |
| Income | Expenditure | |||||||
|---|---|---|---|---|---|---|---|---|
| E | 6 | |||||||
| Jasmine Allen talk on stained glass | 625.12 | 403.44 | ||||||
| Lichfield and National Memonal |
Arboretum | Visit | 1635.20 | 1480.10 | ||||
| Barbara Foster talk | 325.60 | |||||||
| Life Members evening" |
698.84 | |||||||
| New Members evening* |
286..20 | |||||||
| Pilgrimage Day refreshments* |
164.70 | |||||||
| Friends' Day talk |
490.90 | 227.70 | ||||||
| Globe Theatre visit —postponed | to | 2023 | 413.00 | |||||
| Total | 3076.82 | 3673.98 | ||||||
| No charges were made for events marked | * | |||||||
| 6 | Income from investments | and deposits | ||||||
| 2022 | 2021 | |||||||
| E | 6 | |||||||
| CBF Church of England | Deposit | Fund | 2139.01 | 99.19 | ||||
| CBF Church of England | Investment | Fund | 2061.10 | 956.89 | ||||
| Charles Stanley managed | porffolio | 744.75 | ||||||
| Total | 4964.86 | 1056.08 |
| nalysis | ofexpenditure sup |
porting Saint Al |
bans Cath | edral in 2022 |
||
|---|---|---|---|---|---|---|
| Grant funding | to Saint Albans Cathedral | |||||
| E | ||||||
| Albantide | Pilgrimage 2022 |
6000.00 | ||||
| Sumpter | Yard Landscaping | 50042.53 | ||||
| Inscription | for Abbot John of | Wheathampstead's | reinterment | 6549.20 | ||
| Chapter | House Archaeology | report | 5640.00 | |||
| Wreath | in memory of Her Late Majesty Queen |
Elizabeth | II | 125.00 | ||
| Total | 68356.73 |
| Note | 2022 | 2021 | |
|---|---|---|---|
| Governance | 10 | 1100,00 | 1694.00 |
| Secretarial services | 1885.00 | 1610.00 | |
| Office costs and bank charges | 700.61 | 1169.67 | |
| Total | 3685.61 | 4473.67 |
| Note | 2022 | 2021 | |||
|---|---|---|---|---|---|
| 6 | |||||
| Publications | costs | 4 | 14548.50 | 8655.96 | |
| Production | of The Aiban Link | 1847.14 | 1743,67 | ||
| Events | 5 | 3673.98 | 890,99 | ||
| Total | 20069.62 | 11290.62 | |||
| Governance | costs | ||||
| 2022 | 2021 | ||||
| L | F | ||||
| Independent | financial | advice on investments | 200.00 | 800.00 | |
| Independent | Examiner's fee and costs | 900.00 | 894.00 | ||
| Total | 1100.00 | 1694.00 |
| to the Acco | unts | |||||
|---|---|---|---|---|---|---|
| Opening | Income | Charles Stanley | Income not yet | Market | Closing | |
| Value | distributed | fees and charges | distributed | Movement | Value | |
| E | E | E | E | |||
| 250,000.00 | 128.48 | 339.78 | 616.27 | 611.27 | 249,536.76 |
| Opening | Opening | Opening | Value | Interest | Interest | Management | Added to | Closing |
|---|---|---|---|---|---|---|---|---|
| (3 | August | 2022 | added | fees | holding account | Values | ||
| E | E | E | E | F | ||||
| Deposit | ||||||||
| Accounts | 74,812.50 | 313.03 | 75,078.12 | |||||
| Holding | ||||||||
| Account | 187.50 | (62.20) | 47.41 | 172.71 | ||||
| Total | 75,000.00 | 313.03 | 62.20 | 47.41 | 75,250.83 | |||
| reditors: amounts | falling | due within one | year | |||||
| 2022 | 2021 | |||||||
| E | E | |||||||
| Office costs and bank | charges | 93.46 | 156.10 | |||||
| Governance | 900.00 | 1700.00 | ||||||
| Secretarial services | 300.00 | 270.00 | ||||||
| Total | 1293.46 | 2126.10 |