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|Reference and Administrative<br>Details|Reference and Administrative<br>Details||
|---|---|---|
|Trustees' Report||2 to 6|
|Statement ofTrustees'|Responsibilities||
|Independent<br>Auditors'|Rcport|8 to 11|
|Consolidated<br>Statement|ofFinancial Activities|12|
|Consolidated<br>Balance|Sheet|13|
|Balance Sheet||14|
|Consolidated<br>Statement|ofCash Flows|15|
|Notes to the Financial|Statements|16to 34|





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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|2023|2022|
||||Note|||||
|Income and Endowments||from:||||||
|Donations<br>and legacies||||151,173||151,173|20,371|
|Charitable<br>activities||||68,500||68,500|76,986|
|Other trading activities||||444,907||444,907|506,750|
|Investment<br>income||||7,812||7,812|6|
|Total income||||672,392||672,392|604,113|
|Expenditure<br>on:||||||||
|Raising funds||||(386,742)||(386,742)|(351,366)|
|Charitable<br>activities||||(187,204)||(187,204)|(172,518)|
|Other expenditure||||(6,689)||(6,689)|8,231|
|Total expenditure||||(580,635)||(580,635)|(515,653)|
|Gains/losses<br>on investment||assets|17|(64,728)||(64,728)|32,688|
|Net income||||27,029||27,029|121,148|
|Net movement<br>in funds||||27,029||27,029|121,148|
|Reconciliation offunds||||||||
|Total funds brought|forward|||1,114,063|43,257|1,157,320|1,036,171|
|Total funds carried|forward||25|1„141,092|43,257|1,184,349|1,157,319|





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|||Consolidated<br>Balance Sheet as|at 31January|2023||
|---|---|---|---|---|---|
|||||2023|2022|
||||Note|||
|Fixed assets||||||
|Tangible assets|||15|86,617|91,453|
|Investments||||864,076|836,453|
|||||950,693|927,906|
|Current assets||||||
|Stocks|||18|15,888|32,740|
|Debtors|||19|12,521|11,722|
|Cash at bank|and in hand||20|347,015|327,544|
|||||375,424|372,006|
|Creditors: Amounts||falling due within one year|21|(36,146)|(37,933)|
|Net current|assets|||339,278|334,073|
|Total assets|less current liabilities|||1,289,971|1,261,979|
|Creditors: Amounts||falling due after more than one year|22|(92,]09)|(92,110)|
|Provisions|||24|(13,513)|(12,550)|
|Net assets||||1,184,349|1,157,319|
|Funds ofthe|group:|||||
|Restricted<br>income funds||||||
|Restricted<br>funds||||43,257|43,257|
|Unrestricted|income|funds||||
|Unrestricted|funds|||1,141,092|1,114,062|
|Total funds|||25|1,184,349|1,157,319|





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|||Balance Sheet as at3|1January 2023|||
|---|---|---|---|---|---|
|||||2023|2022|
||||Note|||
|Fixed assets||||||
|Tangible assets|||15|11,886|19,172|
|Investments||||766,502|836,553|
|||||778,388|855,725|
|Current assets||||||
|Debtors|||19|32|23|
|Cash at bank|and in hand||20|203,201|126,200|
|||||203,233|126,223|
|Creditors: Amounts||falling due within one year|21|(15,750)|(8,791)|
|Net current|assets|||187,483|117,432|
|Net assets||||965,871|973,157|
|Funds ofthe|charity:|||||
|Restricted income funds||||||
|Restricted<br>funds||||43,257|43,257|
|Unrestricted|income|funds||||
|Unrestricted|funds|||922,614|929,900|
|Total funds|||25|965,871|973,157|





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|Consolidated<br>|St|atement ofC|ash Flows for the|Year Ende|d 31January 2|023|
|---|---|---|---|---|---|---|
||||||2023|2022|
|||||Note|||
|Cash flows from operating|activities||||||
|Net cash income|||||27,029|121,148|
|Adjustments<br>to cash flows|from non-cash items||||||
|Depreciation||||6, 8|24,228|24,275|
|Investment<br>income||||5|(7,812)|(6)|
|Investment<br>management<br>costs|||||11,788|4,020|
|Financial<br>instrument<br>net (gains) losses through|||statement offinancial||||
|activities||||||(57,923)|
|Revaluation<br>ofinvestments|||||64,728|25,232|
|Hire purchase<br>adjustment||||||(353)|
||||||119„961|116,393|
|Working capital adjustments|||||||
|Decrease in stocks||||18|16,852|11,053|
|(Increase)/decrease<br>in debtors||||19|(799)|11,140|
|Increase/(decrease)<br>in creditors||||21|6,054|(8,115)|
|Decrease in provisions||||24|(6,336)|(8,231)|
|Net cash flows from operating||activities|||135,732|122,240|
|Cash flows from investing<br>activities|||||||
|Interest receivable<br>and similar||income||5|7,812|3|
|Purchase oftangible<br>fixed assets||||15|(19,392)|(4,465)|
|Purchase ofinvestments|||||(104,138)||
|Sale ofinvestments||||||104,720|
|Net cash flows from investing||activities|||(115,718)|100,258|
|Cash flows from financing|activities||||||
|Repayment ofloans and borrowings||||21||(50,000)|
|Repayment<br>ofcapital element||offinance leases|and HP contracts|23|(543)|(1,697)|
|Net cash flows from financing||activities|||(543)|(51,697)|
|Net increase in cash and cash|equivalents||||19,471|170,801|
|Cash and cash equivalents<br>at|1|February|||327,544|156,743|
|Cash and cash equivalents<br>at|31 lanuary||||347,015|327,544|





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|Asset class|Depreciation|method<br>and|method<br>and|rate|
|---|---|---|---|---|
|Freehold Reversion|0'/0||||
|Freehold Buildings|4'/0 or 10'/0 straight||line||
|Equipment<br>and vehicles|I0/0, 25 "/0 or|33"/0|i'educing|balance|



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|Income from chari|table<br>activities||||
|---|---|---|---|---|
|||Unrestricted|||
|||funds|Total|Total|
|||General|2023|2022|
|Ministry||8,353|8,353|4,058|
|Retreat||16,832|16,832|8,589|
|Education||||1,431|
|Monastic Community||43,315|43,315|60,732|
|Upkeep of Heritage|Premises|||2,176|
|||68,500|68,500|76,986|



## 

|4|Income from|o|t|her trading<br>activities||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|||
||||||funds|Total|Total|
||||||General|2023|2022|
|Trading income;||||||||
||Trading subsidiaiy|||income|444,907|444,907|506,750|
||||||444,907|444,907|506,750|
|5|Investment|income||||||
||||||Unrestricted|||
||||||funds|Total|Total|
||||||General|2023|2022|
|||||||K||
|Intcrcst receivable|||and similar income;|||||
||Interest receivable|||on bank deposits|424|424||
|Other income from||||fixed asset investments|7,388|7,388||
||||||7,812|7,812||





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|a) Costs|oftrading|oftrading|oftrading|oftrading|activities||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Unrestricted|||
|||||||||funds|Total|Total|
|||||||||General|2023|2022|
|Trading subsidiary||||costs||||194,386|194,386|191,923|
|||||||||194,386|194,386|191,923|
|b) Investment|||management|||costs|||||
|||||||||Unrestricted|||
|||||||||funds|Total|Total|
|||||||||General|2023|2022|
|Other investment||||management||costs;|||||
|Other portfolio||||management||costs||15,037|15,037|4,020|
|||||||||15,037|15,037|4,020|
|7<br>Expenditure||||on|charitable|activities|||||
|||||||||Unrestricted|||
|||||||||funds|Total|Total|
|||||||||General|2023|2022|
||||||||Note||||
|Ministry||||||||5,308|5,308|2,252|
|Mission||||||||8,829|8,829|3,265|
|Retreat||||||||14,490|14,490|11,562|
|Education||||||||5,599|5,599|7,540|
|Monastic Community||||||||43,801|43,801|41,686|
|Upkeep ofHeritage|||||Premises|||33,314|33,314|22,046|
|Staff costs||||||||42,225|42,225|52,019|
|Allocated|support|||costs||||26,360|26,360|21,593|
|Governance||costs||||||7,278|7,278|10,555|
|||||||||187,204|187,204|172,518|





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|8<br>Other expenditure|||||
|---|---|---|---|---|
||||Unrestricted||
||||funds|Total|
||||General|funds|
|||Note|||
|Taxation charged in trading|subsidiary|14|6,689|6,689|
|Total for 2023|||6,689|6,689|
|Total for 2022|||(8,231)|(8,231)|



## 

|||Unrestricted|||
|---|---|---|---|---|
|||funds|Total|Total|
|||General|2023|2022|
|Audit fees|||||
|Audit ofthe financial|statements|5,236|5,236|5,905|
|Legal fees||2,042|2,042|4,650|
|||7,278|7,278|10,555|





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|The aggregate<br>payroll costs were as follows:|||
|---|---|---|
||2023|2022|
|Staff costs during the year were:|||
|Wages and salaries|200,188|195,991|
|Social security costs|1,648|599|
|Pension costs|6,590|2,315|
|Other staff costs||7,000|
||208,426|205,905|



|during t|he y|ear|expressed<br>as full time equivalents<br>was|as follows:||||
|---|---|---|---|---|---|---|---|
|||||2023||2022||
|||||No||No||
|Average|for|the|year||12||12|





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|||||2023|2022|
|---|---|---|---|---|---|
|Audit|ofthe|financial|statements|5,236|5,905|



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|Group||||
|---|---|---|---|
||Land and|||
||buildings|Equipment|Total|
|Cost||||
|At I February 2022|240,477|439,370|679,847|
|Additions||19,392|19,392|
|At 31January 2023|240,477|458,762|699,239|
|Depreciation||||
|At I February 2022|220,598|367,796|588,394|
|Charge for the year|6,532|17,696|24,228|
|At 31January 2023|227,130|385,492|612,622|
|Net book value||||
|At 31 January 2023|13,347|73,270|86,617|
|At 31January 2022|19,879|71,574|91,453|






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|Charity|||||
|---|---|---|---|---|
||Land and|Furniture|and||
||buildings|equipment||Total|
|Cost|||||
|At<br>1 February 2022|152,500|53,949||206,449|
|At 31 January 2023|152,500|53,949||206,449|
|Depreciation|||||
|At 1 February 2022|137,373|49,904||187,277|
|Charge for the year|6,057||1,229|7,286|
|At 31January 2023|143,430|51,133||194,563|
|Net book value|||||
|At 31 January 2023|9,070||2,816|11,886|
|At 31January 2022|15,127||4,045|19,172|
|16 Heritage assets|||||
|Charity|||||





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|Group|||||
|---|---|---|---|---|
||||2023|2022|
|Other investments|||864,076|836,453|
|Other investments|||||
|||Listed|Unlisted||
|||investments|investments|Total|
|Cost or Valuation|||||
|At<br>1 February|2022|833,546|2,907|836,453|
|Revaluation||(64,728)||(64,728)|
|Additions||104,138||104,138|
|Management|fees|(11,787)||(11,787)|
|At 31January|2023|861,169|2,907|864,076|
|Net book value|||||
|At 31 January|2023|861,169|2,907|864,076|
|At 31January|2022|833,546|2,907|836,453|



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|2023|2022|
|---|---|
|864,076|836,453|





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||||Listed|Unlisted||
|---|---|---|---|---|---|
||||investments|investments|Total|
|Cost or Valuation||||||
|At 1 February|2022||833,546|2,907|836,453|
|Revaluation|||(65,652)||(65,652)|
|Additions|||7,388||7,388|
|Management|fees||(11,787)||(11,787)|
|At 31 January|2023||763,495|2,907|766,402|
|Net book value||||||
|At 31January|2023||763,495|2,907|766,402|
|At 31January|2022||833,546|2,907|836,453|
|18 Stock||||||
||||Group||Charity|
||||2023|2022|2023|
|Stocks|||15,888|32,740||
|19Debtors||||||
|||Group||Charity||
|||2023|2022|2023|2022|
|Trade debtors||511|1,316|32||
|Prepayments||7,871|5,019|||
|Accrued income||1,417|2,125|||
|VAT recoverable||2,722|3,262||23|
|||12,521|11,722|32|23|





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|20 C|ash|and cash equivalents|||||
|---|---|---|---|---|---|---|
||||Group||Charity||
||||2023|2022|2023|2022|
|Cash|on|hand|16,524|18,944|9,562|13,432|
|Cash|at|bank|330,491|308,600|193,639|112,768|
||||347,015|327,544|203,201|126,200|



|||||Group||Charity||
|---|---|---|---|---|---|---|---|
|||||2023|2022|2023|2022|
|Trade creditors||||13,875|4,009|7,700|1,585|
|Hire purchase|and|finance leases|||543|||
|Trading subsidiary||corporation|tax|||||
|payable||||6,170|13,469|||
|Other taxation|and|social security||3,489|1,992|2,510||
|Other creditors||||325|546|304|(919)|
|Accruals||||12,287|17,374|5,236|8,125|
|||||36,146|37,933|15,750|8,791|






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|Group||||
|---|---|---|---|
|||Other||
|||provision<br>1|Total|
|At 1 February|2022|(12,550)|(12,550)|
|Utilised during|the period|(963)|(963)|
|At 31January|2023|(13,513)|(13,513)|





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|Group||||||||
|---|---|---|---|---|---|---|---|
||||Balance at 1|||Other|Balance at|
||||February|Incoming|Resources|recognised|31January|
||||2022|resources|expended|gains/(losses)|2023|
|Unrestricted||funds||||||
|General||||||||
|General|Funds||1,114,063|672,392|(580,928)|(64,435)|1,141,092|
|Restricted|funds|||||||
|John Gran||Fund|26,076||||26,076|
|Heritage|Building Fund||8,989||||8,989|
|Stllltyd|Fund||8,192||||8,192|
||||43,257||||43,257|
|Total funds|||1,157,320|672,392|(580,928)|(64,435)|1,184,349|
||||Balance at 1|Balance at 1||Other|Balance at|
||||February|February|Resources|recognised|31January|
||||2021|2021|expended|gains/(losses)|2022|
|Unrestricted||funds||||||
|General||||||||
|General Funds|||992,914|604,113|(515,653)|32,688|1,114,062|
|Restricted|funds|||||||
|John Gran||Fund|26,076||||26,076|
|Heritage|Building Fund||8,989||||8,989|
|St 111tyd Fund|||8,192||||8,192|
||||43,257||||43,257|
|Total funds|||1,036,171|604,113|(515,653)|32,688|1,157,319|





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|Charity|||||||
|---|---|---|---|---|---|---|
|||Balance at 1|||Other|Balance at|
|||February|Incoming|Resources|recognised|31January|
|||2022|resources|expended|gains/(losses)|2023|
|Unrestricted|funds||||||
|General|||||||
|General Funds||929,901|271,035|(212,963)|(65,359)|922,614|
|Restricted funds|||||||
|John Gran|Fund|26,076||||26,076|
|Heritage Building Fund||8,989||||8,989|
|St 1lltyd Fund||8,192||||8,192|
|||43,257||||43,257|
|Total funds||973,158|271,035|(212,963)|(65,359)|965,871|
|||Balance at 1|||Other|Balance at|
|||February|Incoming|Resources|recognised|31January|
|||2021|resources|expended|gains/(losses)|2022|
|Unrestricted|funds||||||
|Genera!|||||||
|General Funds||973,839|113,913|(190,540)|32,688|929,900|
|Restricted funds|||||||
|John Gran|Fund|26,076||||26,076|
|Heritage Building Fund||8,989||||8,989|
|StIlltyd Fund||8,192||||8,192|
|||43,257||||43,257|
|Total funds||1,017,096|113,913|(190,540)|32,688|973,157|





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