2020-12-31-accounts

GC COIY POOR VICARS. CHARITY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

Trustees	Trustees		The Archbishop		ofCanterbury
			The Bishop of	Ely
Charity	Number		266091
Principal	Address		Bishop Woodford		House
			Barton Road
			Ely
			Cambs
			CB74DX
Independent		Examiner	G.M.D.Day FCA		DChA
			Chater Allan LLP
			Beech House
			4a Newmarket	Road
			Cambridge
			CB58DT
Solicitors			Lee Bolton Monier-Williams
			1 The Sanctuary
			Westminster
			London
			SW1P3JT

Contents		Pages
Trustees' Report		1-2
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the financial statements		6-S

				Unrestricted	Endowment	Total	Total
				Fund	Funds	2020	2019
			Note			f
Incoming from
Investments				37,142		37,142	36,514
Total income				37,142		37,142	36,514
Expenditure on
Charitable activities				24,540		24,540	40,540
Total Expenditure				24,540		24,540	40,540
Net income/(expenditure)		before gains/(losses)		12,602		12,602	(4,026)
on investments
Gains/(losses)	on investments			472	148,268	148,740	200,493
Net income/(expenditure)				13,074	148,268	161,342	196,467
Transfer between funds
Net movement	in funds			13,074	148,268	161,342	196,467
Fund Balances	at 31 December 2019			59,034	1,181,789	1,240,823	1,044,356
Fund Balances	at 31December 2020			72,108	1,330,057	1,402,165	1,240,823

		2020		2019
	Note
INVESTMENTS			1,321,760		1,173,020
CURRENT ASSETS
Debtors and prepayments		9,338		8,952
CCLA deposit fund		74,063		61,307
		83,401		70,259
CURRENT LIABILITIES
Creditors due within one year		2,996		2,456
NET CURRENT ASSETS			80,405		67,803
TOTAL ASSETSLESSCURRENT	LIABILITIES		1,402,165		1,240,823
FUNDS
Endowment			1,330,057		1,181,789
Unrestricted			72,108		59,034
			1,402,165		1,240,823

EXPENDITURE	ON CHARITABLE A	CTIVITIES
			Activities
		Grants	Undertaken	Support	Total	Total
		payable	Directly	Costs	2020	2019
						F
Relief ofpoverty		24,000		540	24,540	40,540
		24,000		540	24,540	40,540
SUPPORT COSTS
					Total	Total
					2020	2019
Governance costs:
Independent	Examiner's fee				540	540
Trustees' expenses
					540	540

6	INVESTMENTS			Unrestricted	Endowment	Total
				Investments	Investments
	Market value as at	1 January 2020		13,375	1,159,645	1,173,020
	Additions in year
	Disposals in year
	Revaluation in year			472	148,268	148,740
	Market value as at	31 December 2020		13,847	1,307,913	1,321,760
	Invested in:
	Central Board of Finance (CCLA)
	Fixed interest securities		fund	13,847
	Investment	fund			637,216
	Global fund				670,697
				13,847	1,307,913

DEBTORS	Total	Total
	2020	2019
Other debtors
Accrued income	9,338	8,952
Prepayments
	9,338	8,952

8	CREDITORS: AMOUNTS	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR	Total	Total
				2020	2019
	Other creditors			2,516	1,976
	Accruals and deferred	income		480	480
				2,996	2,456

		Investments	Net current	Total	Total
			assets	2020	2019
Endowment	fund	1,307,913	22,144	1,330,057	1,181,789
Unrestricted	funds	13,847	58,261	72,108	59,034
		1,321,760	80,405	1,402,165	1,240,822

			Unrestricted	Endowment	Total
			Fund	Funds	2019
		Note
Income from:
investments			36,514		36,514
Total income			36,514		36,514
Expenditure on:
Charitable	activities		40,540		40,540
Total Expenditure			40,540		40,540
Net income/(expenditure)		before gains/(losses)
on investments			(4,026)		(4,026)
Gains/(losses) on investments			293	200,200	200,493
Net income/(expenditure)			(3,733)	200,200	196,467
Transfer between	funds
Net movement in funds			(3,733)	200,200	196,467
Fund Balances at	31 December 2018		62,767	981,589	1,044,356
Fund Balances at 31December 2019			59,034	1,181,789	1,240,823