# ## ## ||||Page| |---|---|---|---| |Reference and Administrative
Details ofthe Charity, its Trustees||and Advisers|| |Trustees'
Report|||2-5| |Independent
Examiner's|Report||| |Statement ofFinancial|Activities||| |Balance Sheet|||| |Notes to the Financial Statements|||9-17| |REFERENCE AND|REFERENCE AND|REFERENCE AND|ADMINISTRATIVE|DETAILS OF THE|DETAILS OF THE|CHARITY,|CHARITY,|ITSTRUSTEES AND ADVISERS| |---|---|---|---|---|---|---|---|---| ||||FOR THE YEAR ENDED 31 DECEMBER 2022|||||| |Trustees|||Mr Gareth
Phillips,||PCC Nominee
& Chairman|||| ||||Dr Mark Deller,|PCC Nominee||||| ||||The Revd Ravi Holy, Vicar|||||| ||||Mr David Ross,|Church Warden||||| ||||Mr Robert Dudley,||Church Warden|(appointed||25 May 2022)| |Charity registered||||||||| |number|||262613|||||| |Principal office|||Cumberland
Court|||||| ||||Church Street|||||| ||||Wye|||||| ||||Kent|||||| ||||TN25 5BJ|||||| |Independent||Examiner|Magee Gammon||Corporate
Limited|||| ||||Chartered
Accountants|||||| ||||Henwood
House|||||| ||||Henwood|||||| ||||Ashford|||||| ||||Kent|||||| ||||TN24 8DH|||||| |Bankers|||Lloyds Bank pic|||||| ||||81 High Street|||||| ||||Ashford|||||| ||||Kent|||||| ||||TN24 8SS|||||| |Solicitors|||Hallett
&Co|||||| ||||11 Bank Street|||||| ||||Ashford|||||| ||||Kent|||||| ||||TN23 1DA|||||| |Treasurer|and clerk to||Mr Francis Huntington|||||| |the trustees||||||||| |Honorary|advisors||Mr James Loudon|||||| ||||Mr David Collingwood
(retired 9 November||||2022)|| |Investment||advisors|Central Board ofFinance ofthe Church of||||England|| ||||80 Cheapside|||||| ||||London|||||| ||||EC2V 6DZ|||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |The Revd|Ravi Holy|(Vicar)||from|14January 2010| |---|---|---|---|---|---| |Mr Gareth|Phillips|(PCC Nominee|8 Chairman)|from|7 November 2012| |Dr Mark Deller||(PCC Nominee)||from|15July 2013| |Mr David|Ross|(Church Warden)||from|1 April 2020| ## ## ## ## ## ## ## ## ## |||FOR|THE YEA|R ENDED 31 DE|CEMBER 2022||| |---|---|---|---|---|---|---|---| |||||Unrestricted|Endowment|Total|Total| |||||funds|funds|funds|funds| |||||2022|2022|2022|2021| ||||Note||F|E|E| |Income and endowments||from:|||||| |Donations
and legacies|||||||5,000| |Investments||||36,531||36,531|35,387| |Total income and|endowments|||36,531||36,531|40,387| |Expenditure
on:|||||||| |Charitable
activities||||40,990||40,990|48,624| |Total expenditure||||40,990||40,990|48,624| |Net expenditure
before net|||||||| |(losses)/gains
on|investments|||(4,459)||(4,459)|('8,237)| |Net (losses)/gains|on investments||||(122,855)|(122,855)|129,014| |Net movement
in|funds|||(4,459)|(122,855)|(127,314)|120,777| |Reconciliation
of|funds:||||||| |Total funds brought|forward|||37,132|1,012,654|1,049,786|929,009| |Net movement
in funds||||(4,459)|(122,855)|(127,314)|120,777| |Total funds carried forward||||32,673|889,799|922,472|1,049,786| ## ||||BALANCE SHEET|BALANCE SHEET|||| |---|---|---|---|---|---|---|---| ||||AS AT 31 DECEMBER 2022||||| ||||Note||2022f||2021f| |Fixed assets|||||||| |Investments|||||889,799||1,012,654| |Current assets|||||||| |Debtors|||10|9,169||8,959|| |Cash at bank|and|in hand||24,629||29,266|| |||||33,798||38,225|| |Creditors: amounts||falling due within one|||||| |year||||(1,125)||(1,093)|| |Net current|assets||||32,673||37,132| |Total net assets|||||922,472||1,049,786| |Charity funds|||||||| |Endowment|funds||13||889,799||1,012,654| |Unrestricted|funds||13||32,673||37,132| |Total funds|||||922,472||1,049,786| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||FOR THE YE|AR ENDED 31|DECEMBER 2022||| |---|---|---|---|---|---|---|---|---| |3.|Income from donations|||and legacies||||| |||||||Unrestricted|Total|Total| |||||||funds|funds|funds| |||||||2022|2022|2021| |||||||F|F|E| ||Legacies|||||||5,000| ||Total 2021|||||5,000|5,000|| |4.|Investment|income||||||| |||||||Unrestricted|Total|Total| |||||||funds|funds|funds| |||||||2022|2022|2021| |||||||F||| ||Cash on Deposit|||||247|247|19| ||CDBF/Luxmoore||Trust|||9,314|9,314|9,107| ||Global Equity Fund|||||3,957|3,957|3,878| ||Property
Fund|||||1,407|1,407|1,407| ||Investment|Fund||||21,606|21,606|20,976| ||Total 2022|||||36,531|36,531|35,387| ||Total 2021|||||35,387|35,387|| |5.|Analysis ofexpenditure|||on charitable|activities|||| ||Summary|by fund type||||||| |||||||Un-||| |||||||restricted||| |||||||funds|Total|Total| |||||||2022|2022|2021| |||||||F|F|| ||Direct costs|||||40,990|40,990|48,624| ||Total 2021|||||48,624|48,624|| ## ## ## |||||Activities|||| |---|---|---|---|---|---|---|---| |||||undertaken|Support|Total|Total| |||||directly|costs|funds|funds| |||||2022f|2022
F|2022
E|2021| |Direct costs||||38,366|2,624|40,990|48,624| |Total 2021||||46,032|2,592|48,624|| |Analysis ofdirect costs|||||||| |||||||Total|Total| ||||||Activities|funds|funds| ||||||2022|2022|2021| ||||||f.|f.|E| |Church
insurance|||||6,337|6,337|6,019| |Various fabric|repairs||||11,833|11,833|4,682| |Sundry expenses|||||196|196|331| |Covid support|||||||5,000| |Organ fund grant|||||20,000|20,000|30,000| |Total 2022|||||38,366|38,366|46,032| |Total 2021|||||46,032|46,032|| |Analysis
ofsupport||costs|||||| |||||||Total|Total| ||||||Activities|funds|funds| ||||||2022
E|2022
f,|2021f| |Clerk to the trustees||honoraria|||1,500|1,500|1,500| |Independent|examiner's||fees||1,124|1,124|1,092| |Total 2022|||||2,624|2,624|2,592| |Total 2021|||||2,592|2,592|| ## ## ||||||2022f|2021
E| |---|---|---|---|---|---|---| |Fees payable|to the Charity's|independent|examiner|for the independent||| |examination|ofthe Charity's|annual accounts|||1,124|1,092| |8.|Trustees'
remuneration
and expenses|Trustees'
remuneration
and expenses|Trustees'
remuneration
and expenses|||||| |---|---|---|---|---|---|---|---|---| ||During the year, no Trustees received any remuneration||||or other|benefits (2021 - EN/L).||| ||During the year ended 31 December 2022, no|||Trustee|expenses|have been incurred|(2021|- EN/L).| |9.|Fixed asset investments|||||||| |||||||||Other fixed| |||||||||asset| |||||||||investments| |||||||||F| ||Cost or valuation|||||||| ||At 1 January 2022|||||||1,012,654| ||Revaluations|||||||(122,855)| ||At 31 December|2022||||||889,799| ||Net book value|||||||| ||At 31 December|2022||||||889,799| ||At 31December|2021||||||1,012,654| ||The market value|of investments|is represented|by:||||| ||The CBFChurch|of England||||||| ||||||||2022|202'/| ||||||||F|E| ||Property
Fund - income shares||||||28,218|3/,969| ||Investment
Fund|—income shares||||722,447||818,838| ||Global Equity Income Fund - income shares|||||139,134||161,847| |||||||889,799||1,012,654| ## ## ## |||||||2022|2021| |---|---|---|---|---|---|---|---| |||||||F|| ||Prepayments
and accrued|||income||9,169|8,959| |11.|Creditors: Amounts||falling due within one year||||| |||||||2022|2021| |||||||E|E| ||Accruals|and deferred|income|||1,125|1,093| |12.|Financial|instruments|||||| |||||||2022|2021| ||||||||E| ||Financial|assets|||||| ||Financial|assets measured||at fair value through|income and expenditure|24,629|29,266| ## ## ## |||||||Balance at| |---|---|---|---|---|---|---| |||Balance at 1||||31| |||January|||Gains/|December| |||2022|Income|Expenditure|(Losses)|2022| |||F|F|||F| |Unrestricted|funds|||||| |General funds||37,132|36,531|(40,990)||32,673| |Endowment|funds|||||| |Capital fund||1,012,654|||(122,855)|889,799| |Total offunds||1,049,786|36,531|(40,990)|(122,855)|922,472| |Statement offunds - prior year||||||| |||||||Balance at| |||Balance at||||31| |||1January|||Gains/|December| |||2021
E|Income|Expendituref|(Losses)|2021| |Unrestricted|funds|||||| |General funds||45,369|40,387|(48,624)||37,132| |Endowment|funds|||||| |Capital fund||883,640|||129,014|1,012,654| |Total offunds||929,009|40,387|(48,624)|129,014|1,049,786| ## ## ## |Summary
|offunds - cur|rent year||||| |---|---|---|---|---|---|---| |||||||Balance at| |||Balance at 1||||31| |||January|||Gains/|December| |||2022|Income|Expenditure|(Losses)|2022| |||F|E|E|E|F| |General funds||37,132|36,531|(40,990)||32,673| |Endowment|funds|1,012,654|||(122,855)|889,799| |||1,049,786|36,531|(40,990)|(122,855)|922,472| |Summary
|offunds - prior|year||||| |---|---|---|---|---|---|---| |||||||Balance at| |||Balance at||||31| |||1January|||Gains'|December| |||2021|Income
E|Expenditure|(Losses)|2021f| |General funds||45,369|40,387|(48,624)||37,132| |Endowment|funds|883,640|||129,014|1,012,654| |||929,009|40,387|(48,624)|129,014|1,049,786| ## ## ## ## |Analysis of net assets between funds - cur|rent year||| |---|---|---|---| ||Unrestricted|Endowment|Total| ||funds|funds|funds| ||2022|2022|2022| ||F|F|| |Fixed asset investments||889,799|889,799| |Current assets|33,798||33,798| |Creditors due within one year|(1,125)||(1,125)| |Total|32,673|889,799|922,472| ||Unrestricted|Endowment|Total| |---|---|---|---| ||funds|funds|funds| ||2021|2021|2021| |Fixed asset investments||1,012,654|1,012,654| |Current assets|38,225||38,225| |Creditors due within one year|(1,093)||(1,093)| |Total|37,132|1,012,654|1,049,786| ##