| Page | |||
|---|---|---|---|
| Trustees'Report | 1 | to | 2 |
| Independent Examiner'sReport | 3 | ||
| StatementofFinancialActivities | 4 | ||
| BalanceSheet | 5 | ||
| Notes to the FinancialStatements | 6 | to | 9 |
| DetailedStatementofFinancial Activities | 10 |
P8t¢ingham Church Estate Statement of Finllntl41 A¢t¢vitles for the Year Ended JO Seplember 2023 30.9.23 Unrestrl¢¢¢d fund5 30.9.22 Total fund$ Noies INCOME AND ENDOWMEwfs FROM Investment income 93,436 89,174 EXPENDITURE ON Ch8rltllble actlvltles Grdnts to Si. Chad's Church Govemon¢e costs 32,661 25,686 584 600 Tot*1 33,245 26,286 Net Bain(10$$ts) on investmenis 46,166 (191.389) NET INCOMEI(EXPENDITURE) 1116J57 (128,501) RECONCILIATION OF PUNDS Totol fijnds brought fonvard 3,044,152 3,172.633 TOTAL FUNDS CARRIED FORWARD 3,150,509 3.044,152 CONTINUING OPERATIONS All income and expenditure has arisen from coniinuing a¢iivilies. The noies fonn part of ihes¢ financial Matemenrs Pabte 4
Pllttlnih4m Churnh Estale Balunce Sheet 30 Sepleniber 2023 30.9.23 Unrestrleted funds 30.9.22 Total fijnds Noies FIXED ASSETS Tangible assets CURRENT ASSETS Debiors Inv¢stments Cash at bank 22,669 3,122,467 5.996 22.072 3.009,301 13.418 3,151,132 3.044,791 CREDITORS Amounls falling due within one year (624> (640) NET CURRENT ASSETS 3,ISO,S08 3.044.151 TOTAL ASSETS LESS CURRENT LIABILITIES 3,150,309 3.044,152 NET ASSETS 3,ISO,$09 3,044,152 FUNDS Unrestricted fvnds.. General fijnd Pennonent fund 999,029 1,151.480 964.217 2.079,935 3,150,S09 3.044.152 TOTAL FUNDS 3,ISO,509 3,044,152 The financial statemenis were approved by the Board of Trustee5 and authori5ed ftir issue on 25 Mah 2024 and were signed on its b¢half by.. D Sampson- Thtee C E A Pendr¢ll- Trustee The noies forni part of these financial statements Page 5
P•ttlAghm chUh Estate Notts to the Finnell Sttemtnts Tor the Year Ethded 30 Sept¢Jnber 21n3 ACCOUNTING POLICILS Blsls of preparlng Iht tlnThelal stltewents The financial aleMenl8 of the charity. which is a public benefit entity under FRS 102. have been prepared in accordance with the Charilie5 SORP (FRS 102) 'Accouniing and Repofling by Charities.. Statement of Re¢ornmended Pra¢ti¢e applicable io charities preparing their accounts in a¢¢ordan¢e with ihe Finan¢ial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102) (effe¢tiv¢ l January 2019),. Finan¢ial Reporting Siandard 102 Tr Financial Reporting Standard appli¢abk in the UK and Republic of Iland, and the Chariiies Act 2011. The financial sw¢ments have be prepared under the historical cost conveniion. In¢ome All income is recolsed in the Stsiement of Financial Activities once the charity has entiilemeni ¢0 the funds. li 1$ probable that the incom¢ will be received and the amount can t¢ measured reliably. Expethdlture Liabiliiies are recogni5ed as expeThJiiure as soon a5 ihere is a legal or nYnlIVe obligaiion committin8 the ¢harity to that ¢xpendilure. li is probable thai g tr4n5fer of economic benefits will be required in selllement gnd the amount of the obligation can be measured reliably. Expenditure 1$ Unted for on an iccnjals basis and has been classified under headin8s thai awegY4te all cosi relaied io ihe caie80ry. Where costs cannoi be directly attribuied io particular headings they have be all¢)¢8d to aciivilies on a basis consi4¢nt with the use of resource5. Grnnts offered subject io Conditior wthich h•ve been th¢ >tgr end dw are noted as a cornrnifft)ent but not ac¢nd as expeTrJiiwe. TAnglble llxed assets Deprecijiion is provided ai th¢ following nUal rates in order io 11¢ off each assei over its estimoled usefvl lift. Txatlo The charlty is exempt fmm thx on its ¢hwitable ociiviii Unr¢siricted fijnds can be used in c¢ordth¢e with ihe charitable objectives ai the discmion of th¢ trustees. Restriffled funds ¢an only be uled for particul•r restricied pwposes within the objeas of the charity. Restrictions ise when specified by ihe donor or *then funds are rnised for parti111 5117¢d Pur. Furthv eXPlatIon of ihe naiure and purpos¢ of each fimd is included tn the nOS io th¢ fin•n¢iil sthtements. INVESTMENT INCOME 30.9.23 Unrestrleted fund$ 30.9.22 Tot41 funds Renis received Dividends Lkposit acco( imere 1,70S 88,197 3,534 2,368 86,247 559 93,436 89.174 P88¢ 6 ¢ontinued...
P#ttiTrgham Chureb Estste Notes to the FiDao¢ial St*tements- eontlnu¢d ror the Year Ended 30 S¢pt¢wber 2023 TRUEEs, REMUNERATION AND BENEFITS There were no inLSttts' remunerniion LY her benefiis for the eThled 30 September 2023 nor for the y¢ar ended 30 September 2022. Trns¢rts' expenses were no trUme expenses pAid for the year eThJed 30 September 2023 nor for the year ended 30 Swember 2022. TANGIBLE FIXED ASSETS Freehold property COST Ai i October 2022 and 30 September 2023 NET BOOK VALUE At 30 September 2023 At 30 September 2022 The poli¢y of the TrUseS is noi io r¢v01 land buildings. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.9.23 30.9.22 Aru¢d investment income 22.669 22.072 CURRENT ASSET INVEmENrS 30.9.23 30.9.22 InveMmenis- Pennan¢m Inve5th1¢nts- General fund 2,151,479 970.988 2.079,934 929.367 3.122.467 3.009.301 Investrnenis are valued ai markei value ai the balance sheet dwe. Page 7 continued...
Pattlngham Church Estatt Note5 to th¢ Flnanclal Statem¢nt$- ¢on¢inw¢d for tht Year Ended 30 September 2023 CREDITORS: AMOUNTS FALLINC DUE WITHIN ONE YEAR 30.9.23 30.9.22 Accwals and deferred in¢ome 624 640 MOVEMENT IN FUNDS Net movemeni in funds Transf¢rs At 1.10.22 Ai 30.9.23 nds Unrestrl¢ied fvnds Generdl fund Perman¢nt fund Y64,217 2,079.935 74012 31545 {40,000) 40.000 999.029 2,ISI,480 3.044.152 1116,357 3.150,509 TOTAL FUNDS 3,044.152 IOA357 3,150,509 Net movemeni in fiujds, included in the above ar¢ a5 follows- Incoming resources Resources expended Gains and loss¢s Movernent in ndS Unrestrl¢led funds General fijnd Pernianent fund 93.436 (33,245) 14,621 31,545 74,812 31.545 93,436 (33,245) 46.166 106J57 TOTAL FUNDS 93,436 (33,245) 46,166 106J57 Comp#TAtives for movemetst ID funds Net movement ID funds Tronsfers between funds At 1.10.21 At 30.9.22 Unrestri£ted (ndS General fund Pern)anent fund 991.878 2,180,775 7,339 (135,840) (35.000) 35,000 964.217 2,079.935 3.172,653 (128.501) 3.044,152 TOTAL FUNDS 3.172,653 (128.501) 3.044.152 Page 8 continued...
Pat¢thgh4m Ch•reh Eslatr Notes ¢0 the finaneial St*tements- contlnued for the Year Ended 30 September 2023 MOVEMENT IN FUNDS- cont1med Comparaiiv¢ net movement in iwluded in ihe above are as follo Incomi Gain5 and Movement in funds ¢xperLded Uorestrkted f•Dds General fiD)d Pem)anent fund 89.174 (26286) (55.549) (135.840) 7,339 (135.840) 89.174 (26,286) (191.389) (128.501) TOTAL FUNDS 89.174 (26286) (191 J89) (128.501) RELATED PARTY DISCIL>SURLS There w¢re no related party transa¢It for the yrar ended 30 Sepiember 2023. Page 9
PatttttEb*m E5tsts De(Alled Ststtmtnt of Fina#1 A¢tivitie5 for the Yur EDded JO September 2023 30.9.23 Unr¢5tricted furKIs 30.9.22 Total fijnds INCOME AND ENDOWME Investment income Rents received Dividends D¢po$it ?Ount interest 1.705 88.197 3W4 2.368 86247 559 93,436 89.174 Total Incon8 resourc05 93,436 89.174 EXPENDITURE Charltsble Aetfvltks Grants to St. ch,5 Church 32ffj61 25.686 Support Costs GovernaD¢¢ ¢osts Independent examiner 584 600 Total resources expended 33245 ?6,?86 Nti Ineome before 1$ #nd losse5 60,191 62,888 Re8ltseiJ re¢ogni5ed galns #nd lo& Realised gain{lo55¢S) on red asset investh)ents 40.106 (191.389) Net In¢ome 106J57 (128.501) This page doe5 not fonn pan of the SMDJtory financial Sements Page 10