| Page | ||||
|---|---|---|---|---|
| Reference and Administrative Details |
||||
| Report ofthe Trustees | 2 | to | 3 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | ||||
| Notes tothe Financial Statements | 7 | to | 12 |
| for the year ended | 3 | 1stDecem | ber 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||||
| Unrestricted | Restricted | Total | Total | ||||||
| Notes | fund 8 |
fundf | funds K |
funds E |
|||||
| INCOME AND ENDOWMENTS | FROM | ||||||||
| Investment income |
2 | 44 001 | 11722 | 56,323 | 63,975 | ||||
| EXPENDITURE ON | |||||||||
| Raising funds | 3 | 29,711 | 5,133 | 34,844 | 24,508 | ||||
| Charitable activities |
|||||||||
| Grants | 33,957 | 33,957 | 8,968 | ||||||
| Other | 2130 | 2,130 | 1,602 | ||||||
| Total | 06700 | 5,133 | 70,931 | 35,078 | |||||
| Net gains on investments | 78,210 | 52157 | 130376 | , | 22,277 | ||||
| NET INCOME | 57,022 | 58,746 | 115,768 | 51,174 | |||||
| RECONCILIATION | OF FUNDS | ||||||||
| Total funds brought | forward | 1,340,252 | 546,176 | 1,886,428 | 1,835,254 | ||||
| TOTAL FUNDS CARRIED FORWARD | 1,307,274 | 604,022 | 2,002,196 | 1,886,428 |
| 31stDecember | 2021 | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Notes | 8 | 8 | ||
| FIXEDASSETS | ||||
| Investments | ||||
| Investments | 1,240,863 | 1,138,702 | ||
| Investment property |
560 000 | 565,000 | ||
| 1,805,863 | 1,703,702 | |||
| CURRENT ASSETS | ||||
| Debtors | 1,442 | 1,792 | ||
| Cash at bank and | in hand | 198,161 | 182,524 | |
| 199,603 | 184,316 | |||
| CREDITORS | ||||
| Amounts falling due within one year |
10 | (3,270) | (1,590) | |
| NET CURRENT ASSETS | 196333 | 182,120 | ||
| TOTAL ASSETS | LESSCURRENT | |||
| LIABILITIES | 2,002,196 | 1,886,428 | ||
| NET ASSETS | 2.002,100 | 1,0MA20 | ||
| FUNDS | 12 | |||
| Unrestricted funds |
1,397,274 | 1,340,252 | ||
| Restricted funds | 604,922 | 546,176 | ||
| TOTAL FUNDS | 2,002,190 | 1,086,420 |
| 2. | INVEST | MENT | INCOME | |||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| 8 | E | |||||
| Rental income received | ||||||
| 1 Market | Place, | Hornsea | 2,125 | 3,000 | ||
| 3 Market | Place, | Hornsea | 5,100 | |||
| Flat 1,5 Flat 2,5 Flat 3,5 7Market 9Market |
Market Market Market Place, Place, |
Place, Hornsea Place, Hornsea Place, Hornsea Hornsea Hornsea |
3,194 3,268 4,050 4,800 4,730 |
2,446 3,839 1,730 4,800 4,730 |
||
| Cheeseman's Farm - Clark |
5,090 | 5,090 | ||||
| Allotments | 750 | 730 | ||||
| 28,007 | 31,465 | |||||
| Porffolio | income | ~28316 | 32,510 | |||
| 56,323 | 63,975 | |||||
| 3. | RAISING FUNDS | |||||
| 2021 | 2020 | |||||
| Portfolio | management | 14,695 | 12,910 | |||
| Property | repairs | and expenses | 15,185 | 7,213 | ||
| Insurance Property |
management | 1,951 ~3013 |
1,820 2,565 |
|||
| ~34844 | 24,508 | |||||
| 4. | GRANTS | PAYABLE | ||||
| 2021 8 |
2020 f |
|||||
| Grants | 33,957 | 8,968 | ||||
| The total | grants | paid to institutions | during the year was as follows: | |||
| 2021 | 2020 | |||||
| E | E | |||||
| Hornsea | Parochial Church Council |
33,857 | ~8968 |
| SUPPORT C | OSTS | ||||
|---|---|---|---|---|---|
| Governanc | |||||
| costs | |||||
| E | |||||
| Other resources expended | 2,130 | ||||
| Support costs, | included | in the above, are as follows: | |||
| 2021 | 2020 | ||||
| Other | |||||
| resources | Total | ||||
| expended E |
activities f |
||||
| Book-keeping | fees | 450 | |||
| Independent | examiner's | fees | 1,680 | ~1602 | |
| 2,130 | 1,602 |
| FIXEDASSET INVESTMENTS | |
|---|---|
| Listed | |
| investments | |
| MARKET VALUE | |
| At 1stJanuary 2021 | 1,138,702 |
| Additions | 111,357 |
| Disposals | (136,658) |
| Change in market value |
127,462 |
| At 31stDecember 2021 | 1,240,863 |
| NET BOOK VALUE | |
| At 31stDecember 2021 | 1,240,863 |
| At 31stDecember 2020 | 1,138,702 |
| There | were no investment | assets outside the UK. | |
|---|---|---|---|
| Cost | or valuation at 31st |
December 2021 is represented | by: |
| DEBT | ORS:AMOUNTS F |
ALLING DUE WITHIN ONE Y | EA | R | ||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| 6 | E | |||||
| Rental | income | 1,185 | 1,185 | |||
| Investment income |
257 | 257 | ||||
| Allotment debtor |
350 | |||||
| ~1442 | 1,792 | |||||
| CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE | YEAR | ||||
| 2021 | 2020 | |||||
| 6 | E | |||||
| Other | creditors | 3,270 | 1,590 | |||
| ANALYSIS OF NET ASSETS BETWEEN FUNDS | ||||||
| 2021 | 2020 | |||||
| Unrestricted | Restricted | Total | Total | |||
| fund E |
fund f |
funds E |
funds E |
|||
| Investments Current assets Current liabilities |
1,351,901 48,643 ~3270, 453,962 150,960 |
1,805,863 199,603 ~3,270) |
1,703,702 184,316 ~),800) |
|||
| 1397274 | , | 60,4,922 | 2 002,106 | 1,806,420 |
| MOVEM | ENT | IN FUNDS | |||
|---|---|---|---|---|---|
| Net | |||||
| movement | At | ||||
| At 1.1.21 | in funds | 31.12.21 | |||
| E | E | ||||
| Unrestricted | funds | ||||
| General | fund | 1,340,252 | 57,022 | 1,397,274 | |
| Restricted funds | |||||
| Restricted (Fabric) Fund | 546,176 | 58,746 | 604,922 | ||
| TOTAL | FUNDS | 1,006,420 | 115,7602,002,100 |
| 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 E |
|||
| Unrestricted | funds | |||||
| General fund | 44,601 | (85,798) | 78,219 | 57,022 | ||
| Restricted funds | ||||||
| Restricted (Fabric) Fund | 11,722 | (5,133) | 52,157 | 58,746 | ||
| TOTAL FUNDS | 56,323 | ~70,931) | 130,376 | 115,768 | ||
| Comparatives | for movement | in funds | ||||
| Net | ||||||
| movement | At | |||||
| At 1.1.20 | in funds | 31.12.20 | ||||
| E | F | |||||
| Unrestricted | funds | |||||
| General fund | 1,291,754 | 48,496 | 1,340,252 | |||
| Restricted funds | ||||||
| Restricted (Fabric) Fund | 543,500 | 2,676 | 546,176 | |||
| TOTAL FUNDS | 1,835,254 | 51,174 | 1,886,420 |
| Comparative net movement in fund |
s, included in the above |
are as follows: | ||
|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | |
| resources | expended | losses | in funds | |
| E | E | E | E | |
| 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 | ~35078) | 22,277 | ~51 174 |