| 2020 | 2019 | ||
|---|---|---|---|
| St.Laurence | Ecclesiastical Charities | 88,938 | 71,805 |
| St.Laurence | Relief In Need Trust | 64,969 | 58,404 |
| 153,907 | 130,209 |
| 31.12.20 | 31.12.19 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Investment income |
145,583 | 145,583 | 172,735 | |||
| EXPENDITURE | ON | |||||
| Raising funds | 13,856 | 13,856 | 17,207 | |||
| Charitable activities |
||||||
| Relief in Need | 67,849 | 67,849 | 61,445 | |||
| Ecclesiastical | 92,868 | 92,868 | 75,546 | |||
| Total | 174&573 | 174&573 | 154,198 | |||
| Net gains/(losses) | on investments | (565,622) | (565,622) | 94,055 | ||
| NET INCOME/(EXPENDITURE) | (594,612) | (594,612) | 112,592 | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 3,206,257 | 3,206,257 | 3,093,665 | ||
| TOTAL FUNDS | CARRIED FORWARD | 2,611,645 | 2,611,645 | 3,206,257 |
| 31.12.20 | 31.12.19 | ||||
|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Investments | |||||
| Investments | 801,643 | 801,643 | 867,265 | ||
| Investment property |
1,810,002 | 1,810,002 | 2,310,002 | ||
| 2,611,645 | 2,611,645 | 3,177,267 | |||
| CURRENT ASSETS | |||||
| Debtors | 10 | 6,005 | 6,005 | 12,620 | |
| Cash at bank | 94&972 | 94,972 | 68,383 | ||
| 100&977 | 100,977 | 81,003 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
(100,977) | (100,977) | (52,013) | ||
| NET CURRENT ASSETS | 28,990 | ||||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 2,611,645 | 2,611,645 | 3,206,257 | ||
| NET ASSETS | 2,611,645 | 2,611,645 | 3,206,257 | ||
| FUNDS | 12 | ||||
| Endowment funds |
2,611,645 | 3,206,257 | |||
| TOTAL FUNDS | 2,611,645 | 3,206,257 |
| INVESTMENT INCOME | ||
|---|---|---|
| 31.12.20 | 31.12.19 | |
| Rents received | 117,964 | 141,000 |
| Investment income |
27,552 | 31,511 |
| Deposit account interest | 67 | 224 |
| 145,583 | 172,735 |
| Investment | management | costs | ||
|---|---|---|---|---|
| 31.12.20 | 31.12.19 | |||
| Portfolio management | (138) | |||
| Professional | fees | 8,885 | ||
| Rent collection fees | 8,460 | |||
| 13,856 | 17,207 |
| 5. | CHARITABLE ACTIVITIES COSTS | |||
|---|---|---|---|---|
| Grant | Support | |||
| funding of | costs (see | |||
| activities | note 6) | Totals | ||
| Relief in Need | 64,969 | 2,880 | 67,849 | |
| Ecclesiastical | 88,938 | 3,930 | 92,868 | |
| 153,907 | 6,810 | 160,717 | ||
| 6. | SUPPORT COSTS | |||
| Governance | ||||
| Finance | costs | Totals | ||
| Relief in Need | 1&238 | 1&642 | 2,880 | |
| Ecclesiastical | 1&691 | 2&239 | 3,930 | |
| 2&929 | 3,881 | 6,810 |
| 31.12.20 | 31.12.19 | |||
|---|---|---|---|---|
| Listed investments | 799,971 | 865,593 | ||
| Stockbroking cash accounts |
1,672 | 1,672 | ||
| 801,643 | 867,265 | |||
| Listed | ||||
| investments | ||||
| MARKET VALUE | ||||
| At 1 January 2019 | 865,593 | |||
| Additions | ||||
| Disposals | ||||
| Market movement | (65,622) | |||
| At 31December 2019 | 799,971 | |||
| NET BOOK VALUE | ||||
| At 31December 2020 | 799,971 | |||
| At 31December 2019 | 865,593 | |||
| The listed investments | comprise: | 31.12.20 | 31.12.19 | |
| UK Fixed interest securities | 181,706 | 172,249 | ||
| UK Investment trust and unit trust funds |
618,265 | 693,344 | ||
| 799,971 | 865,593 | |||
| The historical cost oflisted investments | is f505,638(2019 - f505,638). |
| FAIRVALUE | |
|---|---|
| At 1 January 2020 | 2,310,002 |
| Revaluation | (500,000) |
| At 31December 2020 | 1,S10,002 |
| NET BOOK VALUE | |
| At 31December 2020 | 1,S10,002 |
| At 31December 2019 | 2,310,002 |
| Valuation | 1,539,625 | |
|---|---|---|
| Historic | cost | 270,377 |
| 1,810,002 |
| DEBTORS: | AMOUNTS FALLING DUE WITHIN | ONE YEAR | |
|---|---|---|---|
| 31.12.20 | 31.12.19 | ||
| Other debtors | 2,15S | 9,291 | |
| Prepayments | and accrued income | 3,S47 | 3,329 |
| 6,005 | 12,620 |
| 11. | CREDITO | RS: AMOUNTS | FA | LLING DUE WITHIN | ONE YEAR | ||
|---|---|---|---|---|---|---|---|
| 31.12.20 | 31.12.19 | ||||||
| Other creditors | 100,977 | 52,013 | |||||
| 12. | MOVEMENT IN FUNDS | ||||||
| Net | |||||||
| movement | At | ||||||
| At 1.1.20 | in funds | 31.12.20 | |||||
| Endowment | funds | ||||||
| Endowment | Funds | 3,206,257 | (594,612) | 2,611,645 | |||
| TOTAL FUNDS | 3,206,257 | (594,612) | 2,611,645 | ||||
| Net movement in funds, included |
in the above are as follows: | ||||||
| Incoming | Resources | Gains and | Movement | ||||
| resources | expended | losses | in funds | ||||
| Endowment | funds | ||||||
| Endowment | Funds | 145,5S3 | (174,573) | (565,622) | (594,612) | ||
| TOTAL FUNDS | 145,5S3 | (174,573) | (565,622) | (594,612) | |||
| Comparatives for movement |
in | funds | |||||
| Net | |||||||
| movement | At | ||||||
| At 1.1.19 | in funds | 31.12.19 | |||||
| Endowment | funds | ||||||
| Endowment | Funds | 3,093,665 | 112,592 | 3,206,257 | |||
| TOTAL FUNDS | 3,093,665 | 112,592 | 3,206,257 |
| Incoming | Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||||
| Endowment | funds | ||||||
| Endowment | Funds | 172,735 | (154,198) | 94,055 | 112,592 | ||
| TOTAL FUNDS | 172,735 | (154,198) | 94,055 | 112,592 | |||
| A current year 12months | and prior | year 12months | combined position is | as follows: | |||
| Net | |||||||
| movement | At | ||||||
| At 1.1.19 | in funds | 31.12.20 | |||||
| Endowment | funds | ||||||
| Endowment | Funds | 3,093,665 | (482,020) | 2,611,645 | |||
| TOTAL FUNDS | 3,093,665 | (482,020) | 2,611,645 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Endowment | funds | ||||
| Endowment | Funds | 318,318 | (328,771) | (471,567) | (482,020) |
| TOTAL FUNDS | 318,318 | (328,771) | (471,567) | (482,020) |