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|Charity number|259887|
|---|---|
|Principal address|30 Bourne Street|
||London SW1W8JJ|
|Trustees|David Marchese (Managing Trustee)|
||Thomas Cochrane|
||Krzysztof Romanski|
||Shane Fletcher|
||Michelle Gurney|
||Rollo Burgess|
|Independent Examiner|Maxine Anne Gambrill FCCA|
||PG Lemon LLP|
||134 High Street|
||Hythe|
||Kent CT21 5LB|
|Bankers|Lloyds Bank Pic|
||39 Threadneedle Street|
||London EC2R 8AU|
|Stockbrokers|Investec Wealth & Investment|
||Limited|
||2 Gresham Street|
||London EC2V 7QN|
|Solicitors|Thomson Snell & Passmore|
||3 Lonsdale Gardens|
||Tunbridge Wells|
||KentTNl 1NX|
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|||Endowment and 26 Graham|Endowment and 26 Graham|Endowment and 26 Graham|||
|---|---|---|---|---|---|---|
|||IncomeCapital||Terrace|||
|||(Unrestricted) (Unrestricted)(Designated)|||2023|2022|
|||fundsfundsfunds|||Total|Total|
||Notes||||||
|Income and endowments|||||||
|Voluntary income2||1,520|||1,520||
|Investment income and rents receivable 3||147,462|||147,462|163,247|
|Total income||148,982|||148,982|163,247|
|Expenditure|||||||
|Charitable activities||148,168|615,459||763,627|147,325|
|Total expenditure||148,168|615,459|-|763,627|147,325|
|Net income|||||||
|before investment gains||814|(615,459)|-|(614,645)|15,922|
|Net gains/(losses) on investments|||32,971||32,971|(261,883)|
|Net income||814|(582,488)|-|(581,674)|245,961|
|Transfers between funds||(814)|814||||
|Net movement in funds|||(581,674)||(581,674)|245,961|
|Total funds brought forward|||2,087,495|190,687 2,278,182||2,524,143|
|Total funds carried forward|||1,505,821|190,687 1,696,508||2,278,182|
|The statement of financial activities includes all gains and losses in the year and therefore a separate statement of|||||||
|total recognised gains and losses has not|been|prepared.|||||
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|||Unrestricted|2023|2022|
|---|---|---|---|---|
|||funds|Total|Total|
||Grants receivable|1,520|1,520||
|||1,520|1,520||
|3.|Investment income and rents receivable||||
|||Unrestricted|2023|2022|
|||funds|Total|Total|
||UK dividends
UK unit trust income
UK Government stock income
Non-UK securities income
COIF income
Investec gross deposit interest
Rents receivable|92,628
3,637
861
9,745
18
22,934
17,639|92,628
3,637
861
9,745
18
22,934
17,639|104,345
1,060
857
9,712
34
24,475
22,764|
|||147,462|147,462|163,247|
|4.|Costs of charitable activities - by|fund type||||
|---|---|---|---|---|---|
|||IncomeCapital||||
||(Unrestricted)(Unrestricted)|||2023|2022|
|||fundsfunds||Total|Total|
||Costs re provision of 85 Chester Row|20,872-||20,87219,252||
||Presbytery:|||||
||Water rates,Council tax and insurance|15,500|-|15,500|17,054|
||Electricity and gas|21,702|-|21,702|10,339|
||Equipment and maintenance|6,273|-|6,273|18,963|
||Cleaning|1,841|-|1,841|3,003|
||Architect fees|-|6,768|6,768|-|
||Other Pineapple Project costs|-|586,406|586,406|8,278|
||26 Graham Terrace:|||||
||Water rates, Council tax and insurance|1,392|_|1,392|1,067|
||Equipment and maintenance|49,202|-|49,202|7,042|
||Letting agents' fees|13,875|-|13,875|13,024|
||Support costs|||||
||Administration services and expenses||-|||
||Accountancy fees|3,720||3,720|3,600|
||Broker's fees|-|22,285|22,285|24,425|
||Legal fees|13,791|-|13,791|21,278|
|||148,168|615,459|763,627|147,325|
||Independent examiner's fee|||3,720|3,600|
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|7.|Tangible assets - Freehold|property|||
|---|---|---|---|---|
|||Unrestricted|Designated||
|||funds|fund|Total|
|||St Mary's|26 Graham||
|||Presbytery|Terrace||
||Cost||||
||Additions
At 1 January 2023|316,377
89,280|-
190,687|316,377
279,967|
||At 31 December 2023|405,657|190,687|596,344|
||Net book values||||
||At 31 December 2023|405,657|190,687|596,344|
||At 31 December 2022|89,280|190,687|279,967|
|The 316,377 of additions to St Mary's||Presbytery represent the directly attributable costs relating to the basement works|||
|undertaken as part of the overall Pineapple Project for which the Trust has legally contracted. All other costs relating to|||||
|the Pineapple Project are the legal responsibility of The Church of St Mary Pimlico, any costs to which the Trust|||||
|contributes by way of direct grants or donations, or costs borne on behalf of the Church are treated as an expense|||||
|through the Statement of Financial Activities of the Trust.|||||
||Market values||||
|---|---|---|---|---|
||At 31 December 2023||||
||(based on insurance||||
||values)2,417,159352,980|2,770,139|||
||At 31 December 20222,417,159352,98|770,139|||
|8.|Fixed asset investments||||
||||Listed||
||||investments|Total|
||Valuation||||
||At 1 January 2023
Additions||1,696,598|1,696,598|
||Disposals
Revaluations||(757,902)
24,758|(757,902)
24,758|
||||32,971|32,971|
||At 31 December 2023||||
||||996,425|996,425|
||Historical cost as at 31 December 2023||||
||||826,959|826,959|
||All fixed asset investments are held within the United Kingdom.||||
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|||20232022|20232022|
|---|---|---|---|
||Sundry debtor - Letting agents' float|1,5001,500||
|10.|Creditors: amounts falling due|||
||within one year|2023|2022|
||Other creditors|||
||Sundry creditors and accruals|3,720
15,739|3,600
2,445|
|||19,459|6,045|
|11.|26 Graham Terrace (Designated) fund|||
||||At|
|||1 January|2023|
||||and|
|||31December|2023|
||Fund balance190,687|||
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