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2020-12-31-accounts
|
|
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) |