| Page | |||
|---|---|---|---|
| Reference and administrative | details ofthe Company, | its Trustees and advisers | |
| Trustees' report | 2-7 | ||
| Independent examiner's report |
|||
| Statement offinancial activities | |||
| Balance sheet | 10 | ||
| Statement ofcash flows | |||
| Notes to the financial statements | 12-28 |
| REFERENCE | REFERENCE | AND ADMINISTRATIVE | AND ADMINISTRATIVE | DETAILS OF THE COMPANY, | DETAILS OF THE COMPANY, | DETAILS OF THE COMPANY, | DETAILS OF THE COMPANY, | DETAILS OF THE COMPANY, | ITSTRUSTEES AND ADVISERS |
|---|---|---|---|---|---|---|---|---|---|
| FOR THE | YEAR ENDED | 31 MARCH 2022 | |||||||
| Trustees | Mr G Adams (appointed 1 November 2022) |
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| Mr C Armstrong | (resigned 25 May 2022) | ||||||||
| Mr N Blunt (resigned | 1 November | 2022) | |||||||
| Mrs SButton (resigned 1 November 2022) |
|||||||||
| Mr0 Chinn | |||||||||
| Mr D Fullman | |||||||||
| Ms F M Godden | |||||||||
| Ms M Gooch | |||||||||
| Ms S KGore, Chair (from 1 April | 2022) | ||||||||
| Prof N Groves | |||||||||
| Mrs F E Hartley | |||||||||
| Mr S Heywood | |||||||||
| Mr P Hunt | |||||||||
| Mr G Ishmael | |||||||||
| Mr C McCarthy, | Vice-Chair (appointed | 26 April | 2022) | ||||||
| Mr A G Munro | |||||||||
| Ms C A Oliver | |||||||||
| MsJ Roy, Treasurer | (appointed | 31 March 2022) | |||||||
| Miss SF KTwyford | |||||||||
| Company | registered | ||||||||
| number | 01134684 | ||||||||
| Charity registered | number | 266686 | |||||||
| Registered | office | King Street House | |||||||
| 15Upper King | Street | ||||||||
| Norwich | |||||||||
| NR3 1RB | |||||||||
| Company | secretary | Ms SC Martine | |||||||
| Accountants | Larking Gowen | LLP | |||||||
| Chartered Accountants |
|||||||||
| King Street House | |||||||||
| 15Upper King | Street | ||||||||
| Norwich | |||||||||
| NR3 1RB | |||||||||
| Bankers | Barclays Bank | Pic | |||||||
| Norwich | |||||||||
| Norfolk | |||||||||
| NR1 3QH | |||||||||
| Solicitors | Birketts LLP | ||||||||
| Kingfisher House |
|||||||||
| 1 Guilders Way | |||||||||
| Norwich | |||||||||
| Norfolk | |||||||||
| NR3 1UB |
| Restricted | Unrestricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| Note | 2022 6 |
2022 | 2022 6 |
2021f | ||
| Income from: | ||||||
| Donations and legacies |
5,261 | 5,261 | 1,669 | |||
| Charitable activities |
743,105 | 204,381 | 947,486 | 274,864 | ||
| Investments | 59 | 59 | 238 | |||
| Other income | 30,668 | 30,668 | 22,842 | |||
| Total income | 743,105 | 240,369 | 983,474 | 299,613 | ||
| Expenditure on: |
||||||
| Charitable activities |
7 | 308,674 | 232,944 | 541,618 | 381,345 | |
| Total expenditure | 308,674 | 232,944 | 541,618 | 381,345 | ||
| Net income/(expenditure) | 434,431 | 7,425 | 441,856 | (81,732) | ||
| Transfers between |
funds | 15 | 16,329 | (16,329) | ||
| Net movement in |
funds | 450,760 | (8,904) | 441,856 | (81,732) | |
| Reconciliation of |
funds: | |||||
| Total funds brought | forward | 93,683 | 138,692 | 232,375 | 314,107 | |
| Net movement in funds |
450,760 | (8,904) | 441,856 | (81,732) | ||
| Total funds carried forward | 544,443 | 129,788 | 674,231 | 232,375 |
| Note | 2022 F |
2021f | ||||
|---|---|---|---|---|---|---|
| Fixed assets | ||||||
| Tangible assets | 12 | 736 | 2,286 | |||
| 736 | 2,286 | |||||
| Current assets | ||||||
| Debtors | 13 | 299,416 | 46,186 | |||
| Cash at bank and in hand | 470,326 | 291,020 | ||||
| 769,742 | 337,206 | |||||
| Creditors: amounts | falling due within one | |||||
| year | 14 | (96,247) | (107,117) | |||
| Net current assets | 673,495 | 230,089 | ||||
| Total net assets | 674,231 | 232,375 | ||||
| Charity funds | ||||||
| Restricted funds | 15 | 544,443 | 93,583 | |||
| Unrestricted funds |
15 | 129,788 | 138,692 | |||
| Total funds | 674,231 | 232,375 |
| Restricted | Unrestricted | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2022 | 2022f | 2022 F |
|||
| Rent receivable | 170,828 | 170,828 | |||
| Church studies | |||||
| Grants received | 715,862 | 17,907 | 733,769 | ||
| Listed places of | worship | grant income | 27,243 | 10,901 | 38,144 |
| Other incoming | resources | 4,745 | 4,745 | ||
| 743,105 | 204,381 | 947,486 | |||
| Unrestricted grants recieved includes f17,907of Business Restart Grants, |
|||||
| Restricted | Unrestricted | Total | |||
| funds | funds | funds | |||
| 2021 f |
2021 f |
2021 | |||
| Rent receivable | 175,317 | 175,317 | |||
| Church studies | 705 | 705 | |||
| Grants received | 45,344 | 12,000 | 57,344 | ||
| Listed places of | worship | grant income | 38,908 | 38,908 | |
| Other incoming | resources | 2,590 | 2,590 | ||
| 45,344 | 229,520 | 274,864 |
| 5. | Investment | income | |||
|---|---|---|---|---|---|
| Unrestricted | Total | Total | |||
| funds | funds | funds | |||
| 2022 F |
2022 F |
2021f | |||
| Interest received | 59 | 59 | 238 | ||
| Total 2021 | 238 | 238 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022f | 2022f | 2021f | ||
| Insurances | recharged | 29,898 | 29,898 | 22,842 |
| Events | 770 | 770 | ||
| 30,668 | 30,668 | 22,842 | ||
| Total 2021 | 22,842 | 22,842 |
| Restricted | Unrestricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 F |
2022 f |
2022 F |
||
| Insurance | 36,838 | 36,836 | ||
| Maintenance | 307,853 | 82,450 | 390,303 | |
| St Martin at | Palace | 3,374 | 3,374 | |
| Wages and | salaries | 70,874 | 70,874 | |
| Administration | 821 | 11,221 | 12,042 | |
| Legal and professional | 17,617 | 17,617 | ||
| Marketing | 5,304 | 5,304 | ||
| Depreciation | 1,550 | 1,550 | ||
| Governance | costs | 3,718 | 3,718 | |
| 308,674 | 232,944 | 541,618 |
| Restricted | Unrestricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2021 | 2021f | 2021f | ||
| Insurance | 30,866 | 30,866 | ||
| Maintenance | 143,807 | 100,471 | 244,278 | |
| Water | 144 | 144 | ||
| St Martin at | Palace | 2,154 | 2,154 | |
| Wages and | salaries | 65,018 | 65,018 | |
| Church studies | 100 | 100 | ||
| Administration | 2,135 | 19,856 | 21,991 | |
| Legal and professional | 9,704 | 9,704 | ||
| Marketing | 1,796 | 1,796 | ||
| Depreciation | 1,694 | 1,694 | ||
| Indpendent | examiners fee | 3,600 | 3,600 | |
| 145,942 | 235,403 | 381,345 |
| Activities | ||||
|---|---|---|---|---|
| undertaken | Support | Total | ||
| directly | costs | funds | ||
| 2022 | 2022 | 2022 | ||
| 6 | ||||
| Insurance | 36,836 | 36,836 | ||
| Maintenance | 390,303 | 390,303 | ||
| St Martin at | Palace | 3,374 | 3,374 | |
| Wages and salaries | 32,253 | 38,621 | 70,874 | |
| Administration | 12,042 | 12,042 | ||
| Legal and professional | 17,617 | 17,617 | ||
| Marketing | 5,304 | 5,304 | ||
| Depreciation | 1,550 | 1,550 | ||
| Independent | examiners fee | 3,718 | 3,718 | |
| 462,766 | 78,852 | 541,618 |
| Activities | ||||
|---|---|---|---|---|
| undertaken | Support | Total | ||
| directly | costs | funds | ||
| 2021f | 2021f | 2021f | ||
| Insurance | 30,866 | 30,866 | ||
| Maintenance | 244,278 | 244,278 | ||
| Water | 144 | 144 | ||
| St Martin at | Palace | 2,154 | 2,154 | |
| Wages and | salaries | 31,059 | 33,959 | 65,018 |
| Church studies | 100 | 100 | ||
| Administration | 21,991 | 21,991 | ||
| Legal and professional | 9,704 | 9,704 | ||
| Marketing | 1,796 | 1,796 | ||
| Depreciation | 1,694 | 1,694 | ||
| Governance | costs | 3,600 | 3,600 | |
| 308,601 | 72,744 | 381,345 |
| 2022 E |
2021f | |||||||
|---|---|---|---|---|---|---|---|---|
| Fees payable to the Company's | independent | examiner for the independent | ||||||
| examination | ofthe Company's | annual accounts | 3,165 | 3,025 | ||||
| 10. | Staff costs | |||||||
| 2022 | 2021f | |||||||
| Wages and | salaries | 66,120 | 62,724 | |||||
| Social security costs | 1,463 | 1,019 | ||||||
| Contribution | to defined | contribution | pension | schemes | 3,291 | 1,275 | ||
| 70,874 | 65,018 |
| Fixtures and | Computer | ||
|---|---|---|---|
| fittings | equipment | Total | |
| 6 | K | F | |
| Cost or valuation | |||
| At 1 April 2021 | 4,765 | 8,964 | 13,729 |
| At 31 March 2022 | 4,765 | 8,964 | 13,729 |
| Depreciation | |||
| At 1 Apni 2021 | 3,447 | 7,996 | 11,443 |
| Charge for the year | 953 | 597 | 1,550 |
| At 31 March 2022 | 4,400 | 8,593 | 12,993 |
| Net book value | |||
| At 31 March 2022 | 365 | 371 | 736 |
| At 31March 2021 | 1,318 | 988 | 2,286 |
| Debtors | |||
| 2022 6 |
2021f | ||
| Due within one year | |||
| Trade debtors | 19,744 | 24,874 | |
| Prepayments and accrued income |
29,672 | 21,312 | |
| Grants receivable | 250,000 | ||
| 299,416 | 46,186 |
| 2022 6 |
2021f | |||||
|---|---|---|---|---|---|---|
| Trade creditors | 19,989 | 12,702 | ||||
| Other taxation and | social security | 3,440 | ||||
| Other creditors | 36,319 | 34,194 | ||||
| Accruals | and deferred | income | 39,939 | 56,781 | ||
| 96,247 | 107,117 | |||||
| 2022 | 2021 | |||||
| Deferred | income at 1 | April 2021 | 25,830 | 33,'122 | ||
| Resources deferred | during the year | 28,840 | 25,830 | |||
| Amounts | released from previous | periods | (25,830) | (33,f22) | ||
| 28,840 | 25,830 |
| Balance at | |||||||
|---|---|---|---|---|---|---|---|
| Balance at 1 | Transfers | 31 March | |||||
| April 2021f | Income F |
Expenditure 6 |
In/out E |
2022 F |
|||
| Unrestricted funds |
|||||||
| Designated funds |
|||||||
| General Unplanned |
Repairs | 50,000 | 50,000 | ||||
| General funds | |||||||
| General Funds | 138,692 | 240,369 | (232,944) | (66,329) | 79,788 | ||
| Total Unrestricted | funds | 138,692 | 240,369 | (232,944) | (16,329) | 129,788 | |
| Restricted funds | |||||||
| Historic England —St IVlargaret's |
|||||||
| Development Phase |
45,000 | 11,814 | (71,973) | 15,159 | |||
| Historic England -St Margaret's |
|||||||
| Repairs Phase | 500,000 | 500,000 | |||||
| StGregory's Repairs |
250 | 250 | |||||
| Historic England - St Michael | |||||||
| Coslany | 217,461 | (201,100) | 16,361 | ||||
| Historic England - StJohn's | 1,408 | (1,408) | |||||
| Paul Bassham Trust | - Glass | ||||||
| Door | 699 | 699 | |||||
| Jarrolds Trust - Flintwork | |||||||
| Repairs | 1,000 | 1,000 | |||||
| Heavenly Gardens |
7,840 | 12,412 | (1,905) | 18,347 | |||
| The National Lottery |
Heritage | ||||||
| Fund Bid - Pre Development | |||||||
| Phase | 1,663 | 1,663 | |||||
| StJohn de Sepulchre | (Heritage | ||||||
| At Risk Project) | 29,700 | 1,418 | (33,696) | 2,578 | |||
| Calthorpe Memorial |
|||||||
| Restoration | 5,713 | 5,713 | |||||
| The Lady Hind Trust | 410 | 410 | |||||
| 93,683 | 743,105 | (308,674) | 16,329 | 544,443 |
| Balance at | ||||||||
|---|---|---|---|---|---|---|---|---|
| Balance at | 31March | |||||||
| 1April 2020f | incomef | Expendituref | 2021f | |||||
| Unrestricted funds |
||||||||
| General Funds |
120,076 | 254,019 | (235,403) | 138,692 | ||||
| Restricted funds | ||||||||
| Historic England - St Margaret's | Development | |||||||
| Phase | 45,000 | 45,000 | ||||||
| St Gregory's Repairs |
250 | 250 | ||||||
| Historic England - StJohns | 1,408 | 1,408 | ||||||
| Paul Bassham Trust | —Glass | Door | 699 | 699 | ||||
| Jarrolds Trust - Flintwork | Repairs | 1,000 | 1,000 | |||||
| Heavenly Gardens |
9,116 | 344 | (1,620) | 7,840 | ||||
| The National Lottery |
Heritage | Fund Bid -Pre | ||||||
| Development Phase |
1,663 | 1,663 | ||||||
| StJohn de Sepulchre | (Heritage At Risk | |||||||
| Project) | 173,507 | (143,807) | 29,700 | |||||
| Calthorpe Memorial |
Restoration | 5,713 | 5,713 | |||||
| The Lady Hind Trust | 925 | (515) | 410 | |||||
| 194,031 | 45,594 | (145,942) | 93,683 | |||||
| Total offunds | 314,107 | 299,613 | (381,345) | 232,375 |
| Summary | offunds - cur | rent year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | Transfers | 31 March | ||||
| April 2021f | Income F |
Expenditure f |
in/outf | 2022 F. |
||
| Designated | funds | 50,000 | 50,000 | |||
| General funds | 138,692 | 240,369 | (232,944) | (66,329) | 79,788 | |
| Restricted | funds | 93,683 | 743,105 | (308,674) | 16,329 | 544,443 |
| 232,375 | 983,474 | (541,618) | 674,231 |
| Summary | offunds - prior year | ||||
|---|---|---|---|---|---|
| Balance at | |||||
| Balance at | 31March | ||||
| 1Aprtl 2020 | lncorne f |
Expenditure f |
2021f | ||
| General funds | 120,076 | 254,019 | (235,403) | 138,692 | |
| Restricted | funds | 194,031 | 45,594 | (145,942) | 93,683 |
| 314,107 | 299,613 | (381,345) | 232,375 |
| Analysis | ofn | et assets between funds -curre |
nt year | ||
|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | |||
| funds | funds | funds | |||
| 2022 f |
2022 F |
2022 F |
|||
| Tangible | fixed | assets | 736 | 736 | |
| Current | assets | 561,472 | 208,270 | 769,742 | |
| Creditors | due | within one year | (17,029) | (79,218) | (96,247) |
| Total | 544,443 | 129,788 | 674,231 |
| Analysis | ofn | et assets between funds - prior | year | ||
|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | |||
| funds | funds | funds | |||
| 2021f | 2021f | 2021f | |||
| Tangible | fixed | assets | 2,286 | 2,288 | |
| Current | assets | 108,917 | 228,289 | 337,206 | |
| Creditors | due | within one year | (15,234) | (91,883) | (107,117) |
| Total | 93,683 | 138,692 | 232,375 |
| Reconciliation ofnet |
movement | movement | in funds | in funds | to | net | cash flow | from | operating | activities | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 6 |
2021f | ||||||||||
| Net income/expenditure |
for | the | year | (as | per | Statement | of | Financial | |||
| Activities) | 441,856 | (81,732) | |||||||||
| Adjustments for: |
|||||||||||
| Depreciation oftangible |
assets | 1,550 | 1,695 | ||||||||
| Decrease/(increase) in |
debtors | (253,230) | 91,242 | ||||||||
| Decrease in creditors |
(10,870) | (13,360) | |||||||||
| Net cash provided by/(used |
in) operating | activities | 179,306 | (2,155) | |||||||
| Analysis ofcash and | cash equivalents | ||||||||||
| 2022f | 2021f | ||||||||||
| Cash in hand | 470,326 | 291,020 | |||||||||
| Total cash and cash equivalents | 470,326 | 291,020 |
| At 1 April | At 31 March | |||||||
|---|---|---|---|---|---|---|---|---|
| 2021 | Cash flows | 2022 | ||||||
| E | ||||||||
| Cash | at | bank | and | in | hand | 291,020 | 179,306 | 470,326 |
| 291,020 | 179,306 | 470,326 |
| 2022 | 2021f | |||
|---|---|---|---|---|
| Within | 1 | year | 197,950 | 173,983 |
| Between | 1 and 5years | 239,515 | 379,654 | |
| After | more than 5years | 153,000 | 360,000 | |
| 590,465 | 913,637 |