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2022-04-05-accounts

Unrestricted Restricted LG. Memorial 2022 2021
Funds Funds Endowment All AII
Fund Funds Funds
INCOME AND ENDOWMENTS FROM
Contributions
and Donations		 7,396 2,860 10,256 12,808
Allocation
from LG. Fund		 870 870 870
Legacy 2,000 7,858 9,858 155,000
Investment
Income		 31,840 1,837 1,418 35,095 31,608
Income from Matching
Funds
held in U.S.A - L.G Fund 5,033 5,033 5,173
Virgin Deposit Income 14 14 50
Bank Deposit Income 3 3 12
Property
Rents		 3,975 3,975 3,900
Total Incoming Resources 46,098 12,555 6,451 65,104 209,421
EXPENDITURE ON
Direct Charitable
Expenditure
Grants to Societies and Individuals 39,000 9,623 6,451 55,074 202,106
Other Direct Charitable
Expenses		 1,772 1,576 3,348 1,738
Management
and Admin. Expenses		 1,946 1,946 1,160
Property Expenses 10,905 10,905 544
Total Resources Expended
(Note 2)		 53,623 11,199 6,451 71,273 205,548
Gams (Losses) on Investment Assets:-
Net Unrealised
for the year		 83,523 4,273 3,288 91,084 207,302
NET INCOME/EXPENDITURE 75,998 5,629 3,288 84,915 211,175
NET MOVEMENT
IN FUNDS		 75,998 5,629 3,288 84,915 211,175
Fund Balances:-
Brought Forward at 6th April 2021 1,002,198 63,998 39,187 1,105383 894,208
FUND BALANCES CARRIED
FORWARD AT 5TH APRIL 2022 1,078,196 69,627 42,475 1,190,298 1,105,383
NOTE
Unrealised
Gains (or Losses)		 an
Investments
at 5th April 2022		 291,411 11,646 9,053 312,110 221,026

2022 2021
8
Gross income of continuing operations 58,653 202,968
Total expenditure
of continuing		 operations 64,822 199,095
Net income for the year 6,169 3,873

2022 2021
E 8 E f
FIXEDASSETS(Note 3)
Tangible Assets:-
Pastor's House at Cost 156,673 158,673
Council Investments
atMarketValue		 1,134,189 1,043,105
USA Investments
atMarket		 Value 637,527 545,429
1,930,389 1,747,207
CURRENT ASSETS
Debtors and Payments in Advance
Income Tax not yet recovered re Gift Aid Contributions 1,924 2,900
Stamps bought
in advance		 133 8
Website Domain
paid
in advance		 68 80
Agency Account Balance Owing 190
Bank Current Account 26,528 25,527
Bank Deposit Accounts 38,215 51,391
Virgin Charity
Deposit Accounts		 26,719 51,667
93,587 131,763
Less Creditors
-amounts
falling due
in one
and contributions
received		 year,
in advance		 ) 14 009 3 176
NET CURRENT ASSETS 79 578 128587
NET ASSETS
CAPITAL FUNDS
L.G. Memorial
Endowment		 Fund 42,475 39,187
~CD
U
Restricted Funds:-
Newsletter
Fund		 3,349 3,152
Assembly
Fund		 4,462 4,084
Benevolent
Fund		 61,816 56,762
Dawson
Fund		 69,627 63,998
Unrestricted
Funds:—
General Fund 649,019 603,247
Glanvill Bequest 403,568 365,793
Housing
Maintenance		 Fund 2,501 9,431
Special Expenses
Fund
Investment
Reserve (General		 Fund) 9,221
13887		 1 078 196 9,840
13887		 1 002 198
TOTAL C
NCIL'S FUNDS(Note		 4) 1,190,298 1,105,383
GENERAL
HURCH
U SA		 FUNDS(Note 6)
House Purchase
Grant		 158,873 158,673
Property Maintenance Fund (formerly House Sale Proceeds A/C) 660 996 819669
S(N

(2) ANALYSIS OF TOTA L RESO URCES EXPEN DED
Unrestricted Restricted L.G. Memorial 2022 2021
Funds Funds Endowment AII All
Fund Funds Funds
Direct Charitable
Expenditure:—
Grants to Church Societies 39,000 7,858 6,451 53,309 200,453
Grants to Individuals etc 1,765 1,765 1,653
Pastors'Nolunteers' Travelling Expenses (UK) 933 933
Pastors'Nolunteers' Travelling Expenses (non UK) 619 619
Newsletter
Production
and Distribution		 1,576 1,576 1,418
Training 220 220 320
40,772 11,199 6,451 58,422 203,844
Management
and Administration:-
Printing,
Stationary,		 Postage and Telephone -General 128 128 109
Company
Registrar's		 Fee 13 13 13
Meeting Expenses
Independent
Examiner's Fee		 1,008 1,008 996
Sundry Expenses 797 797 42
1,946 1,946 I 160
Property Expenses:-
Insurance
and Repairs		 10,905 10,905
Total Resources Expended 53,623 11,199 6451 71,273 205,548

2022f 2021
8
Market Value brought
forward		 6th April 2021 1,043,105 835,803
Less Disposals
and Withdrawals		 at book value
1,043,105 835,803
A~d
Additions
at		 cost
1,043,105 835,803
Adjust unrealised gains/losses B/F 6th April 2021 221,026 13,724
Adjust unrealised gains/losses C/F 5th April 2022 312,110 221,026
Market Value at 5th April 2022 1,134,189 1,043,105
Historical
Value		 at 5th April 2022 822,079 822,079

(4)ANALYSIS OF COU NCIL FU NDS NDS
Balances
6~6A 2621
Before Before Unrealised Adjusted
for
Unrealised Incoming Outgoing Unrealised Investment Unrealised
Investment Resources Resources Investment Gains/ Investment
Gains/Losses Gains/Losses
6		 (Losses)
f		 Gains/Losses
8
ENDOWMENT
LG. Memorial
End. Fund		 33,422 6,451 (6,451) 33,422 9,053 42,475
RESTRICTED FUNDS
Newsletter
Fund		 3,152 1,773 (1,576) 3,349 3,349
Assembly
Fund		 4,084 378 4,462 4,462
Benevolent
Fund		 49,389 2,546 (1,765) 50,170 11,646 61,816
Dawson Fund 7,858 7,858
Total 56,625 12,555 (11,199) 57,981 11,646 69,627
UNRESTRICTED FUNDS
General
Fund		 472,643 29,005 (29,099) 472,549 176,470 649,019
Glanvill
Bequest		 288,509 13,118 (13,000) 288,627 114,941 403,568
Designated
Funds:-
House Maintenance Fund 9,431 3,975 (10,905) 2,501 2,501
Special Expenses Fund 9,840 (619) 9,221 9,221
Investment
Reserve
(General Fund) ) 13,887 13,887 13,887
Total 794,310 46,098 53,623 786,785 291,411 1,078,196
TOTAL 884,357 65,104 (71,273) 878,188 312,110 1,190,298

Tangible Investments Net Total
Fixed at Market Current Net
Assets Value Assets Assets
K K
Endowment 42,475 42,475
Restricted Funds 54,772 575 55,347
Unrestricted Funds 1,036,942 55,534 1,092,476
Total Council Funds 1,134,189 56,109 1,190,298
General
Church U.S.A Funds		 158,673 637,527 23,469 819,669
TOTAL NETASSETS 158,673 1,771,716 79,578 2,009,967

(6) ANALY I F GENERA L CHURCH
 U 6A FUNDS
House Property 2022 2021
Purchase Maintenance Total Total
Grant Fund
K K K
Balance B/F 6th April 2021 158,673 611,738 770,411 661,824
Investment Income 19,956 19,956 17,179
Bank Deposit Interest 41 41 196
158,673 631,735 790,408 679,199
Less
Repairs to Church Properties 22,837 22,83 3,045
(22,837) (22,837) (3,045)
158,673 608,898 767,571 676,154
Less
Unrealised Gain/(Loss) 8/F 27,259 27,259 (66,998)
Adit
Unrealised Gain/(Loss) C/F 79,357 79,357 27,259
Balance C/F 5th April 2022 158,673 660,996 819,669 770,411