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|---|---|---|---|---|
|Report ofthe Trustees||1|to|3|
|Independent
Examiner's|Report||||
|Statement ofFinancial|Activities||||
|Balance Sheet|||||
|Notes to the Financial Statements||7|to|11|
|Detailed Statement of Financial Activities||12|to|13|
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||31 DE|CEMBER 2023||||
|---|---|---|---|---|---|
|||||2023|2022|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|FIXEDASSETS|Notes||F|f.|E|
|Tangible assets
Investments||514,382
229,484|229,818
383,486|744,200
612,970|832,986
606,815|
|||743,866|613,304|1,357,170|1,439,801|
|CURRENT ASSETS||||||
|Debtors
Cash at bank||3,927
107,898|141,211|3,927
249,109|2,420
194,617|
|||111,825|141,211|253,036|197,037|
|CREDITORS||||||
|Amounts
falling due within one year||(1,740)||(1,740)|(1,740)|
|NET CURRENT ASSETS||110,085|141,211|251,296|195,297|
|TOTAL ASSETS LESSCURRENT LIABILITIES||853,951|754,515|1,608,466|1,635,098|
|NET ASSETS||853,951|754,515|1,608,466|1,635,098|
|FUNDS|10|||||
|Unrestricted
funds
Restricted
funds||||853,951
754,515|664,104
970,994|
|TOTAL FUNDS||||1,608,466|1,635,098|
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
|||||Notes||E|F|F|
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations
and legacies|||||50,460||50,460|33,373|
|Charitable
activities|||||||||
|Prayer|||||1,482||1,482|381|
|Investment
income|||||18,916||18,916|15,291|
|Other income|||||9,051||9,051|8,327|
|Total|||||79,909||79,909|57,372|
|EXPENDITURE ON|||||||||
|Raising funds||||||4,031|4,031|4,423|
|Charitable
activities|||||||||
|Prayer|||||119,546||119,546|74,852|
|Total|||||119,546|4,031|123,577|79,275|
|Net gains/(losses)|on investments|||||2,191|2,191|(7,172)|
|NET INCOME/(EXPENDITURE)|||||(39,637)|(1,840)|(41,477)|(29,075)|
|Transfers
between|funds|||10|229,484|(229,484)|||
|Other recognised|gains/(losses)||||||||
|Gains/(losses)
on revaluation||of|fixed assets|||14,845|14,845|(124,162)|
|Net movement
in|funds||||189,847|(216,479)|(26,632)|(153,237)|
|RECONCILIATION|OF FUNDS||||||||
|Total funds brought|forward||||664,104|970,994|1,635,098|1,788,335|
|TOTAL FUNDS CARRIED FORWARD|||||853,951|754,515|1,608,466|1,635,098|
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|INCOII|E FROM CHARITA|BLE|ACTIVITIES|||
|---|---|---|---|---|---|
|||||2023|2022|
||||Activity|F|F|
|Sundry|income||Prayer|1,482|381|
|RAISING FUNDS||||||
|Investment
management||costs||||
|||||2023|2022|
|||||F|F|
|Portfolio|management|||4,031|4,423|
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|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
|||Fixtures||
||Freehold|and||
||property|fittings|Totals|
||F|F|E|
|COST||||
|At 1 January 2023|828,953|66,793|895,746|
|Additions|11,892||11,892|
|Disposals|(100,074)||(100,074)|
|At 31 December 2023|740,771|66,793|807,564|
|DEPRECIATION||||
|At 1 January 2023||62,760|62,760|
|Charge for year||604|604|
|At 31 December 2023||63,364|63,364|
|NET BOOK VALUE||||
|At 31 December 2023|740,771|3,429|744,200|
|At 31 December 2022|828,953|4,033|832,986|
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|||||||||Listed|
|---|---|---|---|---|---|---|---|---|
|||||||||investments|
|MARKET VALUE|||||||||
|At 1 January 2023
Additions
Disposals
Revaluations||||||||606,815
95,250
(103,940)
14,845|
|At 31 December|2023|||||||612,970|
|NET BOOK VALUE|||||||||
|At 31 December 2023||||||||612,970|
|At 31 December 2022||||||||606,815|
|There were no investment|||assets outside the UK.||||||
|Cost or valuation|at 31|December 2023 is represented|||by:||||
|||||||||Listed|
|||||||||investments|
|Valuation
in 2023||||||||P.
612,970|
|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE|||YEAR||||
||||||||2023|2022|
|Other debtors
Prepayments|||||||1,656
2,271|2,420|
||||||||3,927|2,420|
|CREDITORS: AMOUNTS|||FALLING DUE WITHIN|ONE YEAR|||||
||||||||2023|2022|
|Other creditors|||||||1,740|1,740|
|MOVEMENT
IN FUNDS|||||||||
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.1.23|in funds|funds|31.12.23|
|Unrestricted
funds||||||E|F|E|
|General fund|||||664,104|(39,637)|229,484|853,951|
|Restricted funds|||||||||
|Capital Fund
Aberdeen
Fund|||||741,510
229,484|13,005|(229,484)|754,515|
||||||970,994|13,005|(229,484)|754,515|
|TOTAL FUNDS||||1,635,098||(26,632)||1,608,466|
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|MOVEMENT|IN FUNDS|- continu|- continu|ed|ed|||||
|---|---|---|---|---|---|---|---|---|---|
|Net movement|in funds,|included||in the above||are as follows:||||
|||||||Incoming|Resources|Gains and|Movement|
|||||||resources|expended|losses|in funds|
|||||||F|||F|
|Unrestricted|funds|||||||||
|General fund||||||79,909|(119,546)||(39,637)|
|Restricted funds||||||||||
|Capital Fund|||||||(4,031)|17,036|13,005|
|TOTAL FUNDS||||||79,909|(123,577)|17,036|(26,632)|
|Comparatives|for movement||in|funds||||||
|||||||||Net||
|||||||||movement|At|
||||||||At 1.1.22|in funds|31.12.22|
||||||||F|F||
|Unrestricted|funds|||||||||
|General
fund|||||||681,584|(17,480)|664,104|
|Restricted funds||||||||||
|Capital Fund
Aberdeen
Fund|||||||877,267
229,484|(135,757)|741,510
229,484|
||||||||1,106,751|(135,757)|970,994|
|TOTAL FUNDS|||||||1,788,335|(153,237)|1,635,098|
|Comparative|net movement||in funds,||included|in the above are as follows:||||
|||||||Incoming|Resources|Gains and|Movement|
|||||||resources|expended|losses|in funds|
|||||||E||||
|Unrestricted|funds|||||||||
|General
fund||||||57,372|(74,852)||(17,480)|
|Restricted funds||||||||||
|Capital Fund|||||||(4,423)|(131,334)|(135,757)|
|TOTAL FUNDS||||||57,372|(79,275)|(131,334)|(153,237)|
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|||THE PRIORY OF OUR LADY WALSINGHAM|||
|---|---|---|---|---|
|||DETAILED STATEMENT OF FINANCIAL ACTIVITIES|||
|||FOR THE YEAR ENDED 31 DECEMBER 2023|||
||||2023f|2022
E|
|INCOME AND ENDOWMENTS|||||
|Donations
and legacies|||||
|Donations|||19,241|16,658|
|Gift aid|||1,001|1,036|
|Legacies
Cottage|||15,856
14,362|500
15,179|
||||50,460|33,373|
|Investment
income|||||
|Dividend
income|||13,143|13,349|
|Deposit account interest|||5,773|1,942|
||||18,916|15,291|
|Charitable
activities|||||
|Sundry
income|||1,482|381|
|Other income|||||
|Pension income|||9,051|8,327|
|Total incoming
resources|||79,909|57,372|
|EXPENDITURE|||||
|Investment
management||costs|||
|Portfolio management|||4,031|4,423|
|Charitable
activities|||||
|Rates and insurances|||5,080|6,475|
|Premises
repairs and renewals|||5,901|2,431|
|Heat and light|||15,141|10,225|
|Publication
costs|||95|139|
|Donations
paid
Cottage expenses|||2,655
578|3,240
198|
||||29,450|22,708|
|Support costs|||||
|Other|||||
|Wages and salaries
Personal
and medical|||14,582
81|9,913
728|
|Chapel Chaplain
and Retreat
Printing,
post, stationery
and telephone
Equipment
repairs and renewals
Motor and travel expenses|||1,619
1,141
136
635|1,328
913
902
1,000|
|Sundry expenses
Funeral costs|||300|84
640|
|Aberdeen
expenses|||3,722|691|
|Food and household|costs||8,322|8,788|
|Carried forward|||30,538|24,987|
##
||||DETAILED STATENIENT OF FINANCIAL ACTIVITIES|DETAILED STATENIENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|---|---|---|
|||||FOR THE YEAR ENDED 31 DECEMBER 2023|||
||||||2023f|2022f|
|Other|||||||
|Brought forward
Care costs
Fixtures and fittings|||||30,538
14,175
605|24,987
24,185
712|
|Loss on sale oftangible
fixed assets|||||40,074||
||||||85,392|49,884|
|Governance|costs||||||
|Accountancy|and legal fees||||4,704|2,260|
|Total resources|expended||||123,577|79,275|
|Net expenditure|before gains and losses||||(43,668)|(21,903)|
|Realised recognised||gains and losses|||||
|Realised gains/(losses)||on fixed|asset|investments|2,191|(7,172)|
|Net expenditure|||||(41,477)|(29,075)|