| Richard Brumby Esq. Mrs. Jane Chitnis |
||
|---|---|---|
| Michael Cleary Esq. | ||
| Michael Hargreaves Esq. |
||
| Anthony Jarratt Esq. | (Honorary | Treasurer) |
| Father Nicholas King S.J. |
||
| Mrs. Henrietta Lenahan |
||
| Dr Nuala Mellows | (Honorary | Chairman) |
| Christopher Page Esq. |
| Stonyhurst Pilgrimage Tru |
st | st | Year | ended 30Septe | mber 2021 |
|||
|---|---|---|---|---|---|---|---|---|
| Statement ofFinancial | Activities for | the | ear | ended | ||||
| 30Se tember 2021 | ||||||||
| Unrestricted | Restricted | Total | Total | |||||
| 2021 | 2021 | 2021 | 2020 | |||||
| 5 | 5 | |||||||
| Incoming resources | ||||||||
| Donations and Bequests |
No!e | 3 | 40,221 | Nil | 40,221 | 58,699 | ||
| Gift Aid Donations and |
Standing | OrdersNote | 4 | 5,605 | Nil | 5,605 | 5,60C | |
| Fundraising Events |
Nil | Nil | Nil | 773 | ||||
| Investment Income |
10,992 | Nil | 10,992 | 8,336 | ||||
| Other | 6 | Nil | 6 | 93' | ||||
| 56,824 | Nil | 56,824 | 73,316 | |||||
| Resources expended | ||||||||
| Direct charitable expenditure |
||||||||
| Pilgrimage expenses |
4,109 | Nil | 4,109 | 2,612 | ||||
| Pilgrimage rebates and |
||||||||
| subsidies | Note | 5 | Nil | Nil | Nil | Nil | ||
| Management and administration |
ofthe | charity | ||||||
| ' | ||||||||
| Fundraising costs |
Nil | Nil | Nil | (415, | ||||
| Administrative | expenses | Note | 6 | 1 543 | Nil | 1 543 | 1 544 | |
| 5,652 | Nil | 5,652 | 3,741 | |||||
| Net incoming I(outgoing) resources | 51,172 | Nil | 51,172 | 69,574 | ||||
| Gains / (losses) on investment | assets | 44,175 | Nil | 44,175 | (40,058', | |||
| Net movement in funds |
95,347 | Nil | 95,347 | 29,516 | ||||
| Funds brought forward |
Note | 8/9 | 226 464 | 30000 | 256464 | 226 949 | ||
| Funds carried forward | Note | 8/9 | 321,811 | 30,000 | 351,811 | 256,46" | ||
| Anal sis ofnet assets | ||||||||
| Unrestricted | Restricted | Total | Total | |||||
| 2021 | 2021 | 2021 | 2020 | |||||
| 6. | ||||||||
| Investments | 296,964 | 30,000 | 326,964 | 198,002 | ||||
| Net Current Assets | 24,846 | Nil | 24,846 | 58,463 | ||||
| Total net assets | 321,810 | 30,000 | 351,810 | 256,466 |
| Stonyhurst Pilgrimage Trust |
Year ended 3 | 0September 2 |
||
|---|---|---|---|---|
| Balance Sheet as at | ||||
| 30Se tember 2021 | 2021f | 2020f | ||
| Investments | Note 2 | 326,964 | 198,002 | |
| Current assets | ||||
| Cash in hand |
Nil | Nil | ||
| Bank deposits - CAF bank | 23,600 | 56,055 | ||
| 23,600 | 56,055 | |||
| Debtors | 2,316 | 5,230 | ||
| Creditor - Amounts falling due within one year: |
||||
| Accruals and deferred | income | (1,070) | (2,822) | |
| Net current assets | 24,846 | 58,463 | ||
| Net assets | Note 7 | 351,810 | 256,465 | |
| Funds ofthe charity: | ||||
| Unrestricted funds (accumulated |
income fund) | Note 9 | 321,811 | 226,464 |
| Restricted funds (Magill memorial | fund) | Note 8 | 30,000 | 30,000 |
| 351,811 | 256,464 |
| 9. ANALYsIs OF UNREsTRIGTED FUNDs Accumulated Income Fund |
|
|---|---|
| g | |
| Balance b/f at 1 October 2020 | 226,464 |
| Income | 56,824 |
| Expenditure | (5,652) |
| Gains I(losses) on investments | 44,175 |
| Balance df at 30September 2021 | 321,811 |
| Overview of | the financial | the financial | ear | ||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | Variance | |||||
| Income | 56,824 | 73,315 | (16,491) | ||||
| Expenditure | (5,652) (3,741) |
(1,911) | |||||
| Gain / (losses) on investments | 44,175 (40,058) |
84,233 | |||||
| Net incoming | resources | 95,347 | 29,516 | 65,831 | |||
| The Trust had | net incoming | resources | for 2021 of695,347, comprised of |
a net income ofE51,172and | |||
| an unrealised f352k. |
gain on the | investment | porffolio off44,175. The net assets of the Trust are a healthy | ||||
| Income/Ex | enditure | b | cate o | ||||
| 2021 | 2020 | Variance | |||||
| Lourdes | (4,109) | (2,772) | (1,337) | ||||
| Raffle | Nil | 1,188 | (1,188) | ||||
| Donations | 45,826 | 64,299 | (18,473) | ||||
| Events | Nil | Nil | Nil | ||||
| Investments | 55,052 | (31,864) | 86,916 | ||||
| Other | (1,422) | (1,335) | (87) | ||||
| Net incoming | resources | 95,347 | 29,516 | 65,831 |
| ~E* dp |
||||
|---|---|---|---|---|
| 2021 | 2020 | Variance | ||
| Pilgrimage | expenses | 4,109 | 2,612 | 1,497 |
| Rebates | Nil | Nil | Nil | |
| Fundraising | expenses | Nil | (415) | 415 |
| Other expenses | 1,543 | 1,544 | ||
| Total expenditure | 5,652 | 3,741 | 1,911 |
| The income yield | from dividen | ds | in | the | past twelve | m | onths | is s | hown below: | hown below: | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| hycome | Shares | Annus/f | * | Yield | ||||||||||||
| City ofLondon | Investment | Trus | 9,650 | 1,843 | 49 | |||||||||||
| Murray Income | Trust PLC | 3,400 | 1,082 | 3.6% | ||||||||||||
| Temple Bar Investment Trust |
PL | 3,100 | 1,116 | 34% | ||||||||||||
| Murray International Trust |
PLC | 4,225 | 2,099 | 4.5 | ||||||||||||
| Schroder Income Growth | Fund | P | 7,500 | 945 | 41 | |||||||||||
| Schroder Odiental Income |
Fund | 16,900 | 1,352 | 3.0% | ||||||||||||
| Scottish American Investment |
C | 11,950 | 1,098 | 1.8% | ||||||||||||
| Hicl Infrastructure PLC |
11,700 | 905 | 4.6 | |||||||||||||
| Law Debenture | Corp | 4,425 | 552 | |||||||||||||
| 10,992 | 34% | |||||||||||||||
| *actual dividendincome, | not | annualised | ||||||||||||||
| The value ofthe | investments | since | September 2011 | is shown | below: | |||||||||||
| ~ City ot London Investment | Trust | ~ Murray inmme | Trust | ~Temple Dar Investment | Trust | |||||||||||
| ~Murray International | Trust | ~Schroder Income | Growth | Fund | ~Schroder Oriental Inmme | Fund | ||||||||||
| ~Smttish Amerkan | Investment | ~ Nicl Infrastructure | PLC | 0 Law | Debenture | Corp | ||||||||||
| 350,000 | ||||||||||||||||
| 30D.000 | ||||||||||||||||
| 250,000 | ||||||||||||||||
| 2IXI000 | ||||||||||||||||
| 150,000 | ||||||||||||||||
| 100,000 | ||||||||||||||||
| Sdl | ||||||||||||||||
| Sep 11 | Sep-12 Sep-13 |
Sep-le | Sep-15 | Sep-16 | Sep-17 | Sep.13 | Sep-19 | Sep-20 | Sep-21 |
| Dividend accrual | 1,196.10 |
|---|---|
| HMRC re gift aid due 2021 | 1,120.00 |
| 2,316 |
| Stonyhurst | Association | for | secretarial | support | 2021 | 1,070.00 |
|---|---|---|---|---|---|---|
| 1,070 |