2023-12-31-accounts - St Simon's Mission Hall And Coffee Tavern Trust

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Objecti	ves and	Ac	ti	viti	es
					SORP reference
Summary ofthe purposes the charity as set oui in its				of	Para 1.17	Premises to be used forthe purposes worship ofAlmighty God. Otherwise		of
goveffltng	docunlent					income may be applied in furthering	the
						religious and other charitable work ofthe
						Church ofEngland in the ecclesiastical rish ofStSimon, Southsea.
Summary activities	ofthe main in relation to those				Para 1.17and 1.19	Grants have been made asd~iled in Achievements and Performance below.
purposes	for the public
benefit, in particular,		the
activities,	projects or	services
identified	in the accounts.
Statement	confirming				Para 1.18	The main activities undertaken during		the
whether the trustees		have				year have been to make grants to the
had regard to the guidance						PCC ofSt.Simon's Church, Southsea		in
issued by	the Charity					order toassist in its mission within that
Commission on public						parish.
benefit
						The:trustees have had regard to the
						Charity Commission's guidance on
						ublic benefit.
Additional information			(optional)
You ma	choose to include			further statements		where relevant about:
					SORP reference
						The Trust has no documented grant-
					Para 1.38	making policy. Grants are made solely in
Policy on	grant making					line the charity's purposes and with due
						regard to the Trust's aims and objectives.
						Apart from property, the only investment
					Para 1.38	that the Trust holds is in a Santander
Policy on	social investment					account For historical reasons the
including	program related					details ofthis account are uncertain.		The
investment						trustees are working to clarify this
						situation. The trust has no documented
						social investment policy.

					The Trust has no volunteers	other than
					the trustees themselves.
Contribution	made	by			All Trustees are volunteers.
volunteers			Para	1.38	No other use ofvolunteers	is made.
Other					Not a iicable.

Achiev	eme	nts	and Pe	rformance
				SORP reference
					During the year, the Trust made the
					following grants:
Summary ofthe main achievements ofthe charity, identifying the difference the				Para 1.20	1 —f6,834ForSt.Simon's Church insurance (2023) 2-R3,031 ForSt.Simon's Church roof
charity's	work	has made to			repairs
the circumstances			ofits		3 —829,000Towards the costofa priest-
beneficiaries and			any wider		in-charge atSt.Simon's Church
benefits to society as a					4 - R7,000towards the cost ofthe Youth
whole.					Worker at St.Simon's Church
					5 - R7,000towards the cost ofthe
					Children's and Families' Pastor at St.
					Simon's Church
					8 - f100for Bibles for Sunday Suppers
					guests 7 -f200thirds the cost offlowers fof
					the licencing service ofthe priest-in-
					charge at St.Simon's Church 8 - R1,~~~the cost ofChristmas
					events at St.Simon's Church: flowers,
					children's work and Sunday Suppers 9—RS,988FcrSt.Simon's Church
					insurance (2024)

Achievements	against		No specific objectives are set beyond ~alntng solvent, and able tc~
objectives set			known commitments.
PeffofTnance	offvndrafsing
activities against objectives		Para 1.41	Not Applicable
set

Investment performance	Investment performance	Investment performance		Para 1.41	Not applicable
against	objectives
Other					Not applicable
Financial Review
Review	ofthe charity's				The Trust is solvent and in a good
financial	position at	the end			position to continue its work in 2024.
ofthe	eriod
Statement explaining		the			A prudent working balance ofcash is
policy for holding reserves					held in order to maintain and repair the
stating	why they are	held			properties owned by the charity.
					Trustees are aware that many unforeseen
					costs can occur given the age ofthe
					ro erties.
Amount	ofreserves	held		Para 1.22	The Trust has no specific reserves policy. The total cash at bank on 31~ December
					2023was f116,762. This is considered	a
					sensible amount given known future
					demands.
Reasons for holding		zero		Para 1.22	Not applicable.
feserves
Details	offund materially		in	Para 1.24	Not applicable.
deficit
Explanation ofany					There are no concerns about the Trust
uncertainties about the					continuing as a going concern.
charity	continuing as a going
concern

charity continuing as a going concern	charity continuing as a going concern
Additional information (optional) You ma ~eto include further stat~ts		where relevant about:
The charity's principal sources offunds (including any fundraising)	Para 1.47	Net income from rented properties. Some fllnancial lnves~nts.
Investment policy and objectives including any	Para 1.46
social investment policy
adopted
		Loss oftenants.
A description ofthe principal		Cost ofmaintaining	properties.
risks facing the charity
Other		Not applicable

Description ofcharity's
trusts:
Type ofgoverning document	Para 1.25	Trust deed.
hust de~-'Q, rQval ",'hai Iei'
How is the chanty	Para 1.25	Incorporated	charitable trust.
constituted' ?
Ic.g u'i("rlQQi poi ate& .
assQ .:iat QPi, („rICJ)
Trustee selection methods including detafls of aAy	Para 1.25	As described in the Conveyance of 2"4 October 1879,~Trust~of%8
constitutional provisions e.g.		February 1880and the Scheme of 7'"
election to post or name of aAy p8rsoA or~entitled		April I976.
to appoint one or more
trustees

Policies	and	procedures				Not applicable	Not applicable
adopted	for the induct on and
training	oftrustees
The charity's stlucture aAd		organisational aAy wKler		Para 1.51
network	with	which the
charity works
Relationship		with any related		Para 1.51		Not applicable
parties
Reference		and Administrative			details
Charity	name			St.Simon's INission			Hall and Coffee Tavern Trust
Other name the chari			uses	Not a	Iicable.
Registered charity number				274974
				Fiat 19
				Charminster
				48Craneswater		Park
				SOUTHSEA
				Hampshire
				PO4 ONU

	Trustee name	Office (ifany)
1	Mr. S.Bentley
2	Miss. M. Burke	Treasurer
3	Mr. P. Gower
	Mrs. P Griffiths	Chair
5	Mr. P. Jolly
6	Mr. M. Taylor
7	Mr. M. Walters
8
9
10
11
12
13
14
15
16
17
16
19
20

Funds held as custodian trustees on behalf ofothers	Funds held as custodian trustees on behalf ofothers	Funds held as custodian trustees on behalf ofothers
Description ofthe assets		Not applicable.
held in this capacity
Name and objects ofthe		Not applicable.
charity on whose behalf	the
assets are held and how	this
fails within the custodian
charity's objects
DetaHs ofarrangements	for	Not applicable.
safe custody and
segregation ofsuch assets
from the charity's own assets

Names an	d addresses ofadv	isers (Optional information)
Type of	Name	Address
adviser
		Not applicable.
Name of	chief executive or names ofsenior staff members		(Optional	information)

The tru	stees declare th	at they have approved the	at they have approved the
Signed	on behalf ofthe	charity's trustees
	Signature(s)		JM
	Full name(s)	A~ («~
Position	(eg Secretary,
	Chair, etc)
	Date	6-7-	P™c ~L)

Income
Rents Received							80,237
Less: Agents CommissionjProfessional
Fees			10,608			11,168
Direct	Expenditure	by Agents	7912
							38092
					66,800			42,185
Bank Interest					2,009
Investment	Income
								45,598
Ex enditure
Insurance				15,050
Accountancy				1,200			1,200
Legal and Professional
Donations				1,300			6,000
Secretarial	Expenses			2,014
Vicar,Youth	8 Childrens	Worker Costs		14,000			19,000
Priest Costs				29,000
Building Repairs 8 Special Structural			Costs	51,008
Depreciation
								39729
Surplus (Deficit) For the		Year

Fixed Assets
				Cost ~BFwd			Aggregate ~DB r.	Net BookValue
Property					3,000			3,000
Fixtures 8 Equipment					4,696			1,051
										4,237
Investments
At cost or valuation		brought			forward				68,737
Increase(Decrease)			in valuation						~10418
								66,163
Current Assets
Cash at Bank -	Current			Account			65,045		126,187
-	Deposit			Accounts			5$,717		49,709
Prepayment - Insurance							18004
Current Liabilities
Accruals							1 200
Net Assets
~RI H
Ca ital Account	re		resentin			Profit LLoss Account
Balance Brought	Forward							236,500		241,049
Surplus (Deficit)	for		the Year					(42,584)		5,869
Investment Valuation			Increase			(Decrease)		8818		~10418
										8236MO

Income
Rents Received							80,237
Less: Agents CommissionjProfessional
Fees			10,608			11,168
Direct	Expenditure	by Agents	7912
							38082
					66,800			42,185
Bank Interest					2,009
Investment	Income				2887
					71,696			45,598
Ex enditure
Insurance				15,050
Accountancy				1,200			1,200
Legal and Professional
Donations				1,300			6,000
Secretarial	Expenses			2,014
Vicar,Youth	8 Childrens	Worker Costs		14,000			19,000
Priest Costs				29,000
Building Repairs 8 Special Structural			Costs	51,008
Depreciation
								39729
Surplus (Deficit) For the		Year

Fixed Assets
				Cost ~BFwd			Aggregate ~DB r.	Net BookValue
Property					3,000			3,000
Fixtures 8 Equipment					4,696			1,051
										4,237
Investments
At cost or valuation		brought			forward				68,737
Increase(Decrease)			in valuation						~10418
								66,163
Current Assets
Cash at Bank -	Current			Account			65,045		126,187
-	Deposit			Accounts			5$,717		49,709
Prepayment - Insurance							18004
Current Liabilities
Accruals							1 200
Net Assets
~RI H
Ca ital Account	re		resentin			Profit LLoss Account
Balance Brought	Forward							236,500		241,049
Surplus (Deficit)	for		the Year					(42,584)		5,869
Investment Valuation			Increase			(Decrease)		8818		~10418
										8236MO