| 2022 | 2021 | ||
|---|---|---|---|
| St.Laurence | Ecclesiastical Charities | 81,145 | 71,647 |
| St.Laurence | Relief In Need Trust | 64,152 | 56,880 |
| 145,297 | 128,527 |
| FOR TH | E YEAR E | NDED 31DECE | MBER 2022 | |||||
|---|---|---|---|---|---|---|---|---|
| 31.12.22 | 31.12.21 | |||||||
| Unrestricted | Endowment | Total | Total | |||||
| fund | fund | funds | funds | |||||
| Notes | ||||||||
| INCOME AND ENDOWMENTS FROM | ||||||||
| Investment income |
161,529 | 161,529 | 149,385 | |||||
| EXPENDITURE | ON | |||||||
| Raising funds | 8,854 | 8,854 | 13,566 | |||||
| Charitable activities |
||||||||
| Relief in Need | 67,385 | 67,385 | 60,108 | |||||
| Ecclesiastical | 85,290 | 85,290 | 75,711 | |||||
| Total | 161,529 | 161,529 | 149,385 | |||||
| Net gains/(losses) | on investments | (65,829) | (65,829) | 61,718 | ||||
| NET INCOME/(EXPENDITURE) | (65,829) | (65,829) | 61,718 | |||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds brought | forward | 2,673,363 | 2,673,363 | 2,611,645 | ||||
| TOTAL FUNDS | CARRIED FORWARD | 2,607,534 | 2,607,534 | 2,673,363 |
| 31DEC | EMBER 2022 | ||||
|---|---|---|---|---|---|
| 31.12.22 | 31.12.21 | ||||
| Unrestricted | Endowment | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Investments | |||||
| Investments | 802,434 | 802,434 | 863,361 | ||
| Investment property |
1,810,002 | 1,810,002 | 1,810,002 | ||
| 2,612,436 | 2,612,436 | 2,673,363 | |||
| CURRENT ASSETS | |||||
| Debtors | 10 | 14,577 | 14,577 | 43,425 | |
| Cash at bank | 157,023 | 157,023 | 25,800 | ||
| 171,600 | 171,600 | 69,225 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
(176,502) | (176,502) | (69,225) | ||
| NET CURRENT ASSETS | (4,902) | (4,902) | |||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 2,607,534 | 2,607,534 | 2,673,363 | ||
| NET ASSETS | 2,607,534 | 2,607,534 | 2,673,363 | ||
| FUNDS | 12 | ||||
| Endowment funds |
2,607,534 | 2,673,363 | |||
| TOTAL FUNDS | 2,607,534 | 2,673,363 |
| INVESTMENT INCOME | INVESTMENT INCOME | INVESTMENT INCOME | ||
|---|---|---|---|---|
| 31.12.22 | 31.12.21 | |||
| Rents received | 130,091 | 120,003 | ||
| Investment | income | 31,182 | 29,480 | |
| Deposit account interest | 256 | (98) | ||
| 161,529 | 149,385 | |||
| RAISING | FUNDS | |||
| Investment | management | costs | ||
| 31.12.22 | 31.12.21 | |||
| Professional | fees | 2,636 | 6,366 | |
| Rent collection fees | 6,218 | 7,200 | ||
| 8,854 | 13,566 |
| 5. | CHARITABLE ACTIVITIES COSTS | |||
|---|---|---|---|---|
| Grant | Support | |||
| funding of | costs (see | |||
| activities | note 6) | Totals | ||
| Relief in Need | 64,152 | 3j233 | 67,385 | |
| Ecclesiastical | 81,144 | 4,146 | 85,290 | |
| 145,296 | 7,379 | 152,675 | ||
| 6. | SUPPORT COSTS | |||
| Governance | ||||
| Finance | costs | Totals | ||
| Relief in Need | 1,368 | 1,865 | 3233 | |
| Ecclesiastical | 1,739 | 2,407 | 4,146 | |
| 3,107 | 4,272 | 7,379 |
| 31.12.22 | 31.12.21 | |||
|---|---|---|---|---|
| Listed investments | 795,860 | 861,689 | ||
| Stockbroking cash accounts |
6,574 | 1,672 | ||
| 802,434 | 863,361 | |||
| Listed | ||||
| investments | ||||
| MARKET VALUE | ||||
| At 1 January 2022 | 861,689 | |||
| Additions | ||||
| Dispo sais | ||||
| Market movement | (65,829) | |||
| At 31December 2022 | 795,860 | |||
| NET BOOK VALUE | ||||
| At 31December 2022 | 795,860 | |||
| At 31December 2021 | 861,689 | |||
| The listed investments | comprise: | 31.12.22 | 31.12.21 | |
| UK Fixed interest securities | 138,763 | 172,179 | ||
| UK Investment trust and unit trust funds |
657,097 | 689,510 | ||
| 795,860 | 861,689 | |||
| The historical cost oflisted investments | is f505,638(2021 - $505,638). |
| Valuation | 1,539,625 | |
|---|---|---|
| Historic | cost | 270,377 |
| 1,810,002 |
| DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE | YEAR | |
|---|---|---|---|
| 31.12.22 | 31.12.21 | ||
| Other debtors | 6,829 | 39,999 | |
| Prepayments | and accrued income | 7,74S | 3,426 |
| 14,577 | 43,425 |
| 11. | CREDITO | RS: AMOUNTS | FA | LLING DUE | WITHIN ONE Y | EAR | ||
|---|---|---|---|---|---|---|---|---|
| 31.12.22 | 31.12.21 | |||||||
| Other creditors | 176,502 | 69,225 | ||||||
| 12. | MOVEMENT IN FUNDS | |||||||
| Net | ||||||||
| movement | At | |||||||
| At 1.1.22 | in funds | 31.12.22 | ||||||
| Endowment | funds | |||||||
| Endowment | Funds | 2,673,363 | (65,829) | 2,607,534 | ||||
| TOTAL FUNDS | 2,673,363 | (65,829) | 2,607,534 | |||||
| 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 | 161,529 | (161,529) | (65,829) | (65,829) | |||
| TOTAL FUNDS | 161,529 | (161,529) | (65,829) | (65,829) | ||||
| Comparatives for movement |
in | funds | ||||||
| Net | ||||||||
| movement | At | |||||||
| At 1.1.21 | in funds | 31.12.21 | ||||||
| Endowment | funds | |||||||
| Endowment | Funds | 2,611,645 | 61,718 | 2,673,363 | ||||
| TOTAL FUNDS | 2,611,645 | 61,718 | 2,673,363 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Endowment | funds | ||||
| Endowment | Funds | 149,385 | (149,385) | 61,718 | 61,718 |
| TOTAL FUNDS | 149,385 | (149,385) | 61,718 | 61,718 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.1.21 | in funds | 31.12.22 | ||
| Endowment | funds | |||
| Endowment | Funds | 2,611,645 | (4,111) | 2,607,534 |
| TOTAL FUNDS | 2,611,645 | (4,111) | 2,607,534 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Endowment | funds | ||||
| Endowment | Funds | 310,914 | (310,914) | (4,111) | (4,111) |
| TOTAL FUNDS | 310,914 | (310,914) | (4,111) | (4,111) |