##
||||Page||
|---|---|---|---|---|
|Reference and Administrative
Details|||||
|Report ofthe Trustees||2|to|3|
|Independent
Examiner's|Report||||
|Statement of Financial|Activities||||
|Balance Sheet|||||
|Notes to the Financial Statements||7|to|12|
##
##
|PRINCIPAL ADDRESS|PRINCIPAL ADDRESS|The Vicarage||
|---|---|---|---|
|||Newbegin||
|||Hornsea||
|||East Yorkshire||
|||HU18 1AB||
|REGISTERED|CHARITY|257705||
|NUMBER||||
|INDEPENDENT|EXAMINER|Smailes Goldie||
|||Chartered
Accountants||
|||Regent's
Court||
|||Princess Street||
|||Hull||
|||East Yorkshire|HU2 8BA|
|ADVISERS||Bankers||
|||HSBC Bank Pic, 1 King Street,||
|||Bridlington,
YO15 2DL.||
|||Stockbrokers||
|||J.M. Finn &Co, 4 Coleman Street,||
|||London, EC2R|5TA.|
##
##
##
##
##
##
##
##
##
##
##
|for the year ended|31st Decem|ber 2020||||||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|||||Unrestricted|Restricted|Total|Total|
||||Notes|fund
E|fund
f|funds
E|funds|
|INCOME AND ENDOWMENTS||FROM||||||
|lnvustnient
income|||2|51,618|12,357|63,976|87,768|
|EXPENDITURE ON||||||||
|Raising funds|||3|19,949|4,559|24,508|33,095|
|Charitable
activities||||||||
|Grants||||8,968||8,968|27,211|
|Other||||1,602||1 602|1,590|
|Total||||30,519|4,559|35,078|61,896|
|Net gains/(losses)|on investments|||27,399|~5,122)|22 277|128,097|
|NET INCOME||||48,498|2,676|51,174|153,969|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought forward||||1,291,754|543,500|1,835,254|1,681,285|
|TOTAL FUNDS CARRIED FORWARD||||1,340,252|040170|1,086,420|1,335,254|
##
##
##
|Hornsea
Church Lands
Balance Sheet
31stDecember 2020||||
|---|---|---|---|
|||2020|2019|
||Notes|E|6|
|FIXEDASSETS||||
|Investments||||
|Investments||1,138,702|1,126,926|
|Investment
property||565,000|565,000|
|||1,703,702|1,691,926|
|CURRENT ASSETS||||
|Debtors||1,792|1,441|
|Cash at bank||182,524|143,477|
|||184,316|144,918|
|CREDITORS||||
|Amounts
falling due within one year|9|(1,590)|(1,590)|
|NET CURRENT ASSETS||182,726|143,328|
|TOTAL ASSETS LESSCURRENT||||
|LIABILITIES||1,886,428|1,835,254|
|NET ASSETS||1,886,428|1,835,254|
|FUNDS||||
|Unrestricted
funds||1,340,252|1,291,754|
|Restricted
funds||546,176|543,500|
|TOTAL FUNDS||1,888,428|1.835.254|
##
##
##
##
##
##
##
##
||||||||2020f|2019
f|
|---|---|---|---|---|---|---|---|---|
||Rental income received||||||||
||1 Market|Place,|Hornsea||||3,000|3,000|
||3 Market|Place,|Hornsea||||5,100|6,190|
||Flat 1,5 Market||Place, Hornsea||||2,446|5,250|
||Flat 2, 5 Market||Place, Hornsea||||3,839|2,982|
||Flat 3,5 Market||Place, Hornsea||||1,730|3,271|
||7 Market|Place,|Hornsea||||4,800|4,800|
||9Market|Place,|Hornsea||||4,730|4,730|
||Cheeseman's
Farm - Clark||||||5,090|5,090|
||Allotments||||||730|720|
||||||||31,465|36,187|
||Portfolio|income|||||32,510|51,581|
||||||||63,975|87,768|
|3.|RAISING|FUNDS|||||||
||||||||2020f|2019|
||Portfolio management||||||12,910|13,742|
||Property|repairs|and expenses||||7,213|14,551|
||Insurance
Property|management|||||1,820
~2565|1,764
3,038|
||||||||24,508|33,095|
|4.|GRANTS|PAYABLE|||||||
||||||||2020
f|2019
f|
||Grants||||||8,968|27,211|
||The total|grants|paid to institutions||during|the year was as follows:|||
||||||||2020
f|2019
f|
||Hornsea|Parochial
Church||Council|||8,968|27,211|
##
##
##
##
##
|FIXEDASSET INVESTMENTS||
|---|---|
||Listed|
||investments|
||E|
|MARKET VALUE||
|At 1stJanuary 2020|1,126,926|
|Additions|186,209|
|Disposals|(253,780)|
|Change
in market value|79,347|
|At 31st December 2020|1,138,702|
|NET BOOK VALUE||
|At 31st December 2020|1,132,162|
|At 31st December 2019|1,126,626|
##
|INVESTMENT PROPERTY||
|---|---|
|FAIR VALUE||
|At 1stJanuary 2020||
|and 31st December 2020|565,000|
|NET BOOK VALUE||
|At 31st December
2020|565,000|
|At 31st December 2019|565,000|
##
##
|8.|DEBTORS:AMOUNTS|FALLING|FALLING|DUE WITHIN ONE YEAR|DUE WITHIN ONE YEAR||||
|---|---|---|---|---|---|---|---|---|
||||||||2020
f|2019
f|
||Rental income||||||1,185|1,185|
||Investment
income||||||257|256|
||Allotment
debtor||||||350||
||||||||1,792|1,441|
|9.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE||YEAR||||
||||||||2020
f|2019
f|
||Other creditors||||||1,590|1,590|
|10.|ANALYSIS OF NET ASSETS BETWEEN FUNDS||||||||
||||||||2020|2019|
|||||Unrestricted|Restricted||Total|Total|
|||||fund
f||fund|funds
f|funds
f|
||Investments|||1,289,974|413,728||1,703,702|1,691,926|
||Current assets
Current
liabilities|||51,868
~1,590)|132,448||184,316
~7,500)|144,918
~1,500)|
|||||1,340,252|546176||1,806,420|1,835.254|
|11.|MOVEMENT
IN FUNDS||||||||
||||||||Net||
||||||||movement|At|
||||||At|1.1.20
f|in funds
f|31.12.20
f|
||Unrestricted
funds||||||||
||General fund||||1,291,754||48,498|1,340,252|
||Restricted funds||||||||
||Restricted (Fabric) Fund||||543,500||2,676|546,176|
||TOTAL FUNDS||||1,035,254||51,174|1,006,428|
##
##
##
|Net movement
in funds,
include|d
in the abo|ve are as follo|ws:|||
|---|---|---|---|---|---|
|||Incoming|Resources|Gains and|Movement|
|||resources
f|expended
f|losses
f|in funds|
|Unrestricted
funds||||||
|General fund||51,618|(30,519)|27,399|48,498|
|Restricted funds||||||
|Restricted
(Fabric) Fund||12,357|(4,559)|(5,122)|2,676|
|TOTAL FUNDS||63,975|(35,078)|22,277|51,174|
|Comparatives
for movement|in funds|||||
|||||Net||
|||||movement|At|
||||At 1.1.19
f|in funds
f|31.12.19
f|
|Unrestricted
funds||||||
|General fund|||1,209,122|82,632|1,291,754|
|Restricted funds||||||
|Restricted
(Fabric) Fund|||472,163|71,337|543,500|
|TOTAL FUNDS|||1,681,285|153969|1,835254|
|Comparative
net movement
in funds|,
included
in the above|are as follows:|||
|---|---|---|---|---|
||Incoming|Resources|Gains and|Movement|
||resources
F|expended
f|losses|in funds
f|
|Unrestricted
funds|||||
|General
fund|54,600|(51,381)|79,413|82,632|
|Restricted funds|||||
|Restricted (Fabric) Fund|33,168|(10,515)|48,684|71,337|
|TOTALFUNDS|87,768|$61,896)|128,097|153,969|
##
##
##