Charity number.. 265365
ST PETER MANCROFT MISSION HALL TRUST
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

ST PETER mANCR0￿ MISSION HALL TRUST
CONTENTS
Page
Reference and Administrative Dgtsils of the Company, its TTUStees and Advisers
Trustee$. Report
Independent Examinerfs Report
Statomgnt of Financial A¢tivitie5
B¥lance Sheet
Notes to tho Financlal Statements
8-11

ST PETER MANCROFT MISSION HALL TRUST
REFERENCE AND ADMINISTRATIVE D￿AlLs OF THE COMPANY. rrs TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2021
Holding TNst••s
Geoffrey Loades. Chaimwi
Zara P Harn[￿nd
Paul R King
Cdin I Pordham
Trustees
The Revd C￿n EIthVa￿ Carter. VKar
Peter Threathell. Churchward
He￿n3 Carr. Churc1T￿ar￿j￿I
Charity re9lst•r•d
number
265365
Principal offi¢e
Churth Office
The Chantry
Norwich
NR2 1QZ
Accountants
LaI￿ng Gowen LLP
charter￿ Accountants
KirvJ Street House
15 Upper King st￿et
Norwch
NR3 1RB
Solicitors
H¢)wes Percival
Fk'nt 8LJildingS
1 Beddir¥J Lanè
Norwich
NR3 1RG
PwJe 1

ST PETER MANCROFT MISSION HALL TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
The TTUStees present their annual report together wth the financial slatements of the charity for the 1 January
2021 to 31 December 2021.
Structure. governancg and management
Constitution
The Mission Hall Trust was wnstituled by a Deed of Trust {The Indenlure'} on 14 Febwary 1899, and is a
regislere¢J charity. No. 265365. For reasons of administrative ￿nvenienCe, accounts are drawn up lo 31
December annually.
b. Methods of appointment or electlon of Trustees
The Indenture states that the land aNI buildings are uNler the sole control of the Vicar and Church Wardens.
Previous reports have been made by the H￿dIng Trustees (see note 71, bul during the year il was ￿CogniSed
that the report should be made by the Vicar Church￿￿[den$, tho have always been acknO%￿edged to be
the Managing Trustees.
Objectives and activities
. Charitable Objectives
The Indenture ststes that the land and buildirwJs are under the ￿ntr￿ of the Vicar al￿ Church Wardens and
should be used for.. -
The celebration of divine service.
As a class room. meeting room or lecture room.
As a place of meeting for clerical meeting5 or yxial wnferences of the dergy.
Any other meeting5 to cover the [￿ed of the wngregation ￿lch the Vicar arKI Church Wardens think are
desirable.
Rental income and income from licence and hiring fees from the Tnjsys property Ithe Chantry Hall) are
received direcuy by St Peter Mancroft Church, Yknere Ihey are treated as unrestricted grant income and Ljsed
towards the Church's general rn1￿0n but in the future wll be paid inlo a nevAy opened bank account in the
Trust's own name.
b. Public benefit
The Trustees confim that in exercising their powers duties, they have complied with th&r duty to have due
regard to the guidance on public benefit published by the Chanty Commission.
Page 2

ST PETER MANCROFT MISSION HALL TRUST
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
Achievemonts and perfomance
a. Review of Transactions and A¢tlvities
During the year, the Trust received rents. licence arKI htririg fees amounling to £67,67012020'. £32,415). Grants
were made lo the Church of St Peter Man¢roft amounting lo £62.71312020.. £32,415). The Church of St Peter
Man¢rofl has paid the charitys independent examination fees of £894 in 2020, but the charity paid its own
examiners fees for 2021. The overall result for the year is £3,811 12020.. £nill. Negotiations over a rent review
look pla￿ during the prior year and were LX)ncluded in eady 2021 vthich significantly enhanced the Trusts
rental.
Financial roviow
a. Reserves policy
Unrestricted fund5 at 31 De￿mber 2021 amounted to £764.811. induding £761.000 of the freehold property
and £3,811 of nel currenl a￿ts. vknich amounted tr) the charity's f￿e reseryes as at 31 December 2021.
The Iruslees have not set a reserves target but ￿gUlarlY monitor the level of funds. In d01ng so they lake into
account annual operational expenditu￿ of £3.15512020." £1.8841 and the level of free reserves exceeds that.
Beyond administratitive costs, any other expenditure is at the trustees dixrelion.
Estimates have been received for maintenance V•rJrk reqUI￿d for Chantry Hall which average £36,000 per year
for the next 5 years. The tnjstees a￿ confident that In the foreseeable ftItU￿ the Charity will L>& able lo fund il's
costs from future income. The trL*slees will exercise thier discretion to prioritise work to be completed, factoring
in the level of reserves.
Statemenl of Trustees. responsibilities
The Trustees a￿ ￿sponsible for prepariThJ the Trustees. Report and Ihe financial statements in accordance
with appli(2ble law and United Kingdom Accounting Slandards {United Kingdom Generally A¢¢epled
A¢¢ounling Practice).
The law applicable to charities in England & Wales reqLbires the Trustees to prepare financial statements for
each financial which give a tnje and fair view of the slate of affairs of the company and of ils incoming
resources and application of resources, induding its incrm)e and expendituie. for that period. In preparing these
financial ststement5. the Tfustees are required to..
select suitsble accounting pdicies and then appty them consislenUy-
observe the meth¢)Js and principles of the Charities SORP IFRS 1021.,
make judgments and accounting estimates that are reawnable ar)d prudent.,
slate whether applicable UK Accounting Standards IFRS 1021 have been followed, subject lo any
material departures disclosed and explained in the financial slalement5-
prepare the financial stalements on the going con￿rn bags unless Il is inappropriate to presume that the
company will conbnue in bU￿ness.
Page 3

ST PETER MANCROFT MISSION HALL TRUST
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
Statement of Trustees. re$ponslbllltl•$ {CONTINUEDI
The Trustees are ￿pon￿ble for keeping adequate accounting records Ihal are gjfficient to show and explain
the company's transactions and disdose wth reasonable accuracy al any lime the financial position of the
Company and enable them to ensure that the financial statements comply wth the Charities Act 2011, the
Charity (Accounts and Rew)rtsl Regulations 2008 and the provisons of the Trust deed. They are also
sponsible for safeguarding the assets ol the cnmpany and hen￿ for taking reasonable steps for the
prevention and detection of fral￿ and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by:
The Revd Canon E Carter
Trustee
Date:
Page 4

ST PETER MANCROFT MISSION HALL TRUST
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
Ind•p¢ndent Examinerfs Report to the Trustees of St Petef Mancroft Mission Hall Trust {Ihe
company'}
I report to the charity Trustees on my examination of the accounts of the eijmpany for the year ended 31
December 2021.
Responsibilltiès and Bas1$ ot Report
As the Trustees of the company you are responsble for Ihe preparation of the accounts in accordance wlh the
requirements of the Charilies Act 2011 Ilhe 2011 Acl'l.
I report in respect of my examination of the ￿mpan￿5 a¢￿InIS carried out under section 145 of the 2011 Act
and in carrying out my examination I have fdlo*Ed the applicable Directions given by the Charity Commisson
under section 14515llbl of the 2011 Act.
Independent Examlnerfs Statement
Your attention is drawn to the fact that the company has p￿pa￿d the accounts in accordance wth Accounting
and Reporting by Charities". Statement of Recommended Practice applicable lo charities preparing their
accounts in accordance wth the Finan(Jal RepKJrting Standard applicable in the UK and Republic of Ireland
IFRS 1021 in preference to the Accounting and Reporting by Charities." Slalement of Recommended Practice
issued on 1 April 2005 ￿lch is referred to in the extant regulats.ons bul has been wlhdravm.
l understand that this has been done in order for the accounts lo provide a true and fair view in accordance wlh
the Generally Accepled Accounting Practice effecb.ve for repx)rting perityjs Lwinning on or after 1 January
2015.
I have completed my examination. I confimi thal no matters have come to my attention in connection with the
examination giving me Cause lo believe that in any ffl8lerial respect..
ac¢ounting records were not kept kn ￿$￿￿ct of the f>)mpany as required by section 130 of the 2011 Act;
or
the accounts do not accord Mth those rec￿$., or
the accounts do not comply wth the applicable requiremenls concerning the fomi and content of
accounts set out in the Charities IAccounts and Rerx)rtsl Regulations 2008 other than any requiremenl
that the accounts give a Irue and fairf view vknich is not a matter u)nsidered as part of an independent
examination.
I have no concems and have come acro&8 rrt) other matters in connection wth the examination to which
attention should be drawn in this report in order to enable a proper understanding of the acwunts to be
reached.
Th1s rew)rt Is made solely to the company's Trustees, as a body, in accordance with Part 4 of the Charities
(Accounts anij Reports) Regulations 2008. My work has been undertaken so that I might state to the companys
Trustees those rnatters l am Tequired to state lo them in an Independent Examinerfs ReF>Drt and for no other
purpose. To the fullest extent permitted by law. I do not accept or assume respM)nsbility to anyone other than
the company and the company's Trustee5 a5 a body. for my NK)rk or for this report.
Signed..
Dated..
Giles Kerkham FCA DChA
Larking Gowen
Chartered Accountants
Norwch. NR3 1R8
Page 5

ST PETER MANeRO￿ MISSION HALL TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2021
Unrestricted
funds
2021
Total
funds
2021
Total
funds
2020
Note
Income frorn:
Donations
Property
2,010
67.670
2,010
67,670
1,884
32,415
Total income
69.680
69,680
34,299
Expenditure on:
Charitable activitiÈs'.
Grants
Independent examinerfs fees
Other charltable activitses
62,713
1.122
2.034
62,713
1.122
2.034
32,415
894
990
Total expenditu
65.869
65.869
34,299
Nel movement in funds
3.811
3.811
Reconciliation of funds:
Total funds brought forward as restated
Net movement in funds
761.000
3.811
761.000
3.811
761,000
Total fund$ Carried forward
764.811
764.811
T61,000
The Statement of Financial Activities includes all gains and lo&ses re¢￿3n1Sed in the year.
The notes on pages 8 to 11 fomi part of these financial stalements.
Page 6

ST PETER MANCROFf MISSION HALL TRUST
BALANCE SHEET
AS AT 31 DECEMBER 2021
2021
2020
Fixed assets
Tangible assets
761,000
761,000
761,000
761.000
Current assets
DeL)lors
Cash at bank and in hand
894
5,933
Credrtors- amounts falling due within one
year
(2,1221
(894)
Net current assets
3,811
Total assets less current liabilities
764.811
761,000
Total net assets
764,811
767,000
Charity funds
Unrestricted fund5
764.811
767.000
Total funds
764,811
761,000
The financial ststemenls were approved and authorised for issue by the Trustees and signed on their behalf by..
The Ravd Canon E Cartèr
Trustee
Dale..
The notes on pages 8 to 11 fom) part of these financial ststements.
Page 7

ST PETER MANcR0￿ MISSION HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
¢¢untlng policies
1.1 Basis of preparation of financial ststements
The financial slalements have been prepared in a¢¢ordance with the Charities SORP IFRS 1021-
Accounting and Reporting by Charities.. Sialement of Rewmmended Practi￿ applicable to Gharilies
preparing their accounts ln accordan￿ wth the Finanoal Reporting Standard applicable in the UK
ané Reput￿1¢ of Ireland IFRS 1021 (effective l January 20151. the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011.
St Peter Mancroft Mission Hall Trust meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are initially rec(MJnised at historical cost or transaction value unless olhewse
stated in the relevant accounting policy.
1.2 Income
l income is recognised once the Trust has entitlemenl to the income. it is prOba￿e that the income
will be rtt￿ved and Ihe amount of income receivable can be measured reliably.
1.3 Expenditure
Expenditure is recognised once the￿ is a legal or constructive obligation to transfer economic
benef1t to a third party. it is probable that a trdnsfer of e¢onomi¢ benefits wll be required in
settlement and the amount of the obligation can be measured reliaL4y.
Expenditure on charitable a¢tivib"es 15 Incurred on directly undertaking the activities ￿lch further the
Trust's objectives, as well as any asyxialed support costs.
Grants payable are Charged in the year vknen the offer is made eX￿pt in those cases Whe￿ the
offer is condilional. such gran15 being recognised as expenditure vthen the conditions atlaching a
fulfilled. Grants offered su¥ect lo conditions which have not been met al the year e[￿ are noted as
a commitm8nt. but not accwed as expenditure.
Page 8

ST PETER MANCROFT MISSION HALL TRUST
NOTES TO THE FINANCtAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
ounting policies (continued)
1.4 Tangible fixed assets and depreciation
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model,
tangible fixed assets are measured at cost le&8 accumulated depreciation and any accumulated
impairment losses. AJI costs incurred to bring a tsngible fixed asset into its intended working
coNJition should be included in the measurement of cosL
Dep￿latiOn is charged so as to allocale the cosi of tsngible fixed assets less their regdual value
over their estimaled useful live& ugng the straight-line method.
1.5 Debtors
Trade and other debtors are recognised al the settlement amount after any trade disojunl offered.
Prepayments are valued al the amount prepaid nel of any trade dI￿unts due.
1.6 Cash at bank and in hand
Cash at bank and in hand includes cash and 5hort-term highly liquid investments with a short
maturity of three months or les5 from the date of acqui&tion or opening of the depo&t or similar
account.
1.7 Fund accounting
General funds are urFre5tn"cted funds vthich are available for use at the dIsC￿tion of the Trustees in
furtherance of the general objectives of the Trust and %thi¢h have not been designated for other
purwses.
Incomo from donations
Unre$trl¢ted
fund$
2021
Total
fund$
2021
Total
funds
2020
Donations from the Church of Sl. Peter Manrmft
2,010
2,010
1,884
l income from donats.ons was unrestricted in 2020.
Investmont income
Unrestricted
funds
2021
Total
funds
2021
Total
funds
2020
Rents, Licence and hiring fees
67,670
67,670
32,415
Page 9

ST PETER MANCROFT MISSION HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Invostm•nt income (continued)
All investment income was unrestricted in 2020.
Analysis of grants
Total
fund$
2021
Total
funds
2020
Grants
2021
St Peter Mancroft PCC
62.713
62,713
32,415
Independent examlnerfs remunerntion
The inde￿ndent exsminerfs remuneration amounls to an independent examiner fee of £1.122 12020-
£8941.
Trustees. romunoration and •xpon$e$
During the year, ￿ Truslees recwved any remuneralion or other benefits (2020- £NIL}.
During the year ended 31 December 2021. no Trustee expenses have been incurred (2020- £NILJ.
Tangible fixed assets
Freehold
property
Cost or valuation
At 1 January 2021
761,000
At 31 De￿rnber 2021
761,000
Ng1 b¢)ok valug
At 31 December 2021
761,000
At 31 December 2020
767.000
Page 10

ST PETER MANCROFT MISSION HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Tangible fix*d assets {continugdl
As the Trustees frequently vary, particularly the Churchwardens, the freehold property is vested in a sel
of Holding Trustees lo provide continuity. They are drawn primarily from the congregation of St. Peter
Mancroft Church. Currently they are Geoffrey L(￿des. Zara P. Hammond, Paul R.King and Cdin l.
Pordham.
The freehold pmperty is used partly t0￿r￿S the charity's objectives (functional propety} and partly to
generate extemal income (investment property). In the view of the Trustees, the fair value ol the
investment property element cannot be measured reliably without undue cost or effort and therefore the
entire propety is aecounled for as a furKtional property wthin Tangible Fixed Assets.
The propety is carried at a deemed cosl being its carrying value in the accounts at the FRS 102
transition dale of 11112015. Thal carrying value reflected an open market valuation effeclive at that date.
No dep￿CiatIon has been charged. reflecting the trustees. assessment that In the unlikely event of 8
disposal, proceeds would exceed the a¢cLKJnts carying value.
Debtor
2021
2020
Due within one yèar
Grant debtor (note 101
894
894
Creditors: Amounts falling due within one year
2021
2020
Other creditors
Accruals and deferred inc(me
1.000
1,122
894
2,122
894
10.
Related party transactions
The a¢¢ountancy and examination fee of £894 in the prior year12019.. £7021 was committed lo be paid
by Sl Peter Mancroft PCC Inole 8 debtorsl. The Charity has taken on respDn&bility for the examiners fee
for 2021 and as such there is no debtor at 31 December 2021.
Page 11