2020-12-31-accounts

			Page
Reference and Administrative Details ofthe Charity,		its Trustees and Advisers
Trustees' Report			2-5
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements			9-17

Trustees			Mr Gareth	Phillips,	Phillips,	PCC Nominee	PCC Nominee	PCC Nominee	ik	Chairman
			Dr Mark Deller, PCC				Nominee
			The Revd	Ravi Holy,			Vicar
			Mr Graham	Thorne,			Church	Warden		(resigned		1 February 2020)
			Mrs Evelyn	House,		Church		Warden
			Mr David Ross, Church Warden						(appointed		1	April 2020)
Charity registered
number			262613
Principal	office		Cumberland Court
			Church Street
			Wye
			Kent
			TN25 58]
Independent		Examiner	Magee Gammon		Corporate			Limited
			Chartered	Accountants
			Henwood	House
			Henwood
			Ashford
			Kent
			TN24 BDH
Bankers			Lloyds Bank pic
			81 High Street
			Ashford
			Kent
			TN24 BSS
Solicitors			Hallett 8Co
			11Bank Street
			Ashford
			Kent
			TN23 1DA
Treasurer	and clerk to		Mr Francis	Huntington
the trustees
Honorary	advisors		Mr)ames	Loudon
			Mr David Collingwood
Investment		advisors	Central Board of		Finance ofthe				Church of England
			80 Cheapside
			London
			EC2V 6DZ

The trustee	s who serve	d during the year were as follow	s:	s:
The Revd	Ravi Holy	(Vicar)	from 14January 2010
Mr Gareth	Phillips	(PCC Nominee ik Chairman)	from 7 November	2012
Dr Mark Deller		(PCC Nominee)	from 153uly 2013
Mrs Evelyn	House	(Church Warden)	from 3June 2019
Mr Graham	Thorne	(Church Warden)	from 3 3une 2019	to 1 February 2020
Mr David Ross		(Church Warden)	from 1 April 2020

			Unrestricted	Endowment	Total	Total
			funds	funds	funds	funds
			2020	2020	2020	2019
		Note	E	E	E	E
Income and endowments	from:
Investments		3	34,416		34,416	34,202
Total income and endowments			34,416		34,416	34,202
Expenditure on:
Charitable activities			25,167		25,167	30,086
Total expenditure			25,167		25I167	30,086
Net gains on investments				66,907	66,907	126,893
Net movement in funds			9,249	66,907	76,156	131,009
Reconciliation offunds:
Total funds brought forward			36,120	816,733	852,853	721,844
Net movement in funds			9,249	66,907	76I156	131,009
Total funds carried forward			45,369	883,640	929,009	852,853

						2020		2019
				Note		E		E
Fixed assets
Investments						883,640		816,733
Current assets
Debtors				9	8,651			8,431
Cash at bank and	in hand				37,798			28,757
					46,449			37,188
Creditors: amounts	falling	due within one
year				10	(1,080)			(1,068)
Net current assets						45,369		36,120
Total net assets						929,009		852,853
Charityfunds
Endowment funds				12		883,640		816,733
Unrestricted funds				12		45,369		36,120
Total funds						929,009		852,853
The financial statements		were approved	and	authorised	for issue by the	Trustees	on 26	May 2021 and signed	on
their behalf by:
Mr Gareth Phillips					Mr Fran	is Hunti	gton
(Chair ofTrustees)					Treasurer

		Un-
		restricted	Total	Total
		funds	funds	funds
		2020	2020	2019
		E	E	E
Cash on Deposit		129	129	193
CDBF/Luxmoore	Trust	8,812	8,812	8,903
Global Equity Fund		3,803	3,803	3,730
Property Fund		1,308	1,308	1,606
Investment Fund		20,364	20,364	19,770
Tote I 2020		34,416	34,416	34,202
Total 2019		34,202	34,202

		Un-
		restricted	Total	Total
		funds	funds	funds
		2020	2020	2019
		E	E	E
Direct	costs	25,167	25,167	30,086
Total	2019	30(086	30086

	Activities
	undertaken	Support	Total	Total
	directly	costs	funds	funds
	2020	2020	2020	2019
	E	E	E	E
Direct costs	22,587	2,580	25,167	30,086
Total 2019	27,518	2,568	30,086
Analysis ofdirect costs
			Total	Total
		Activities	funds	funds
		2020	2020	2019
		E	E	E
Church insurance		5,780	5,780	5,656
Various fabric repairs		16,620	16,620	21,807
Bank charges				25
Sundry expenses		187	187	30
Total 2020		22,587	22,587	27,518
Total 2019		27,518	27,518
Analysis ofsupport costs

					Total	Total
				Activities	funds	funds
				2020	2020	2019
				E	E	E
Clerk to the trustees		honoraria		1,500	1,500	1,500
Independent	examiner's		fees	1,080	1,080	1,068
Total 2020				2,580	2,580	2,568
Total 2019				2,568	2,568

					2020	2019
Fees payable	to the Charity's	independent		examiner for the independent
examination	of the Charity's	annual	accounts		1,080	1,068

				Other fixed
				asset
				investments
Cost or valuation
At 1January 2020				816,733
Revaluations				66,907
At 31December 2020				883,640
Net book value
At31December 2020				883,640
At 31 December 2019				816,733
The market value of investments	is represented	by:
The CBFChurch of England
			2020	2019
			6	6
Property Fund - income shares			27,978	29,442
Investment Fund - income shares			716,359	670,267
Global Equity Income Fund - income shares			139,303	117,024
			883,640	816,733

9.	Debtors		FOR	THE YEAR ENDED 31DECEMB	ER 2020
					2020	2019
					E	E
	Prepayments	and accrued		income	8,651	8,431
10.	Creditors:	Amounts	falling due within one year

2020	2019
E	E
1,080	1,068

					2020 E	2019 E
	Accruals and deferred	income			1,080	1,068
11.	Financial instruments
					2020	2019
					E	E
	Financial assets
	Financial assets measured		at fair value through	income and expenditure	37,798	28,757

	Statement o	f	funds - current year
							Balance at
			Balance at 1				31
			3anuary			Gains/	December
			2020	Income	Expenditure	(Losses)	2020
			E	E	E	E	E
	Unrestricted		funds
	General funds		36,120	34,416	(25,167)		45,369
	Endowment	funds
	Capital fund		816,733			66,907	883,640
	Total offunds		852,853	34,416	(25,167)	66,907	929,009
	Statement offunds - prior year
							Balance at
			Balance at				31
			13anuary			Gains/	December
			2019	Income	Expenditure	(Losses)	2019
				E	E	E	E
	Unrestricted		funds
	General funds		32,004	34,202	(30,086)		36,120
	Endowment	funds
	Capital fund		689,840			126,893	816,733
	Total offunds		721,844	34,202	(30,086)	126,893	852,853
13.	Summary of	funds

Summary	offunds - c	urrent year
						Balance at
		Balance at 1				31
		January			Gains/	December
		2020 f	Income f	Expenditure f	(Losses) f	2020 f
General funds		36,120	34,416	(25,167)		45,369
Endowment	funds	816,733			66,907	883,640
		852,853	34,416	(25,167)	66,907	929,009
Summary	offunds - prior year
						Balance at
		Balance at				31
		1January			Gains/	December
		2019 f	Income f	Expenditure	(Losses) f	2019 f
General funds		32,004	34,202	(30,086)		36,120
Endowment	funds	689,840			126,893	816,733
		721,844	34,202	(30,086)	126,893	852,853

			Unrestricte	Endowment	Total
			d funds	funds	funds
			2020	2020	2020
			f	f	f
Fixed asset investments				883,640	883,640
Current	assets		46,449		46,449
Creditors	due within	one year	(1,080)		(1,080)
Total			45,369	883,640	929,009

Analysis ofnet assets between funds - p	rior period
	Unrestricted	Endowment	Total
	funds	funds	funds
	2019	2019	2019
	E	E	E
Fixed asset investments		816,733	816,733
Current assets	37,188		37,188
Creditors due within one year	(1,068)		(1,068)
Total	36,120	816,733	852,853