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2022-04-05-accounts
|
|
|
|
2022 |
2021 |
|
|
Unrestricted |
Endowment |
Total |
Total |
|
|
fund |
fund |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
| INCOME AND ENDOWMENTS FROM |
|
|
|
|
|
| Investment income |
3 |
32,749 |
|
32,749 |
32,242 |
| EXPENDITURE ON |
|
|
|
|
|
| Raising funds |
4 |
- |
14,740 |
14,740 |
13421 |
| Charitable activities |
6 |
|
|
|
|
| Church and Charitable purposes |
|
33,744 |
- |
33,744 |
33697 |
| Total |
|
33,744 |
14,740 |
48,484 |
47,118 |
| Net gains on investments |
|
- |
63,091 |
63091 |
219.068 |
| NET INCOMEI(EXPENDITURE) |
|
(995) |
48,351 |
47,356 |
204,192 |
| RECONCILIATION OF FUNDS |
|
|
|
|
|
| Total funds brought forward |
|
10,049 |
1,034,337 |
1,044,386 |
840,194 |
| TOTAL FUNDS CARRIED FORWARD |
|
9,054 |
1,082,688 |
1,091,742 |
1,044,386 |
|
|
|
|
2022 |
2021 |
|
|
Unrestricted |
Endowment |
Total |
Total |
|
|
fund |
fund |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
| FIXED ASSETS |
|
|
|
|
|
| Investments |
10 |
- |
1082,688 |
1,082,688 |
1,034,337 |
| CURRENT ASSETS |
|
|
|
|
|
| Cash at bank |
|
42,789 |
- |
42,789 |
44,783 |
| CREDITORS |
|
|
|
|
|
| Amounts falling due within one year |
11 |
(33,735) |
- |
(33,735) |
(34,734) |
| NETCURRENTASSETS |
|
9,054 |
- |
9,054 |
10,049 |
| TOTAL ASSETS LESS CURRENT |
LIABILITIES |
9,054 |
1,082,688 |
1,091,742 |
1,044,386 |
| NETASSETS |
|
9,054 |
1,082,688 |
1,091,742 |
1,044,386 |
| FUNDS |
12 |
|
|
|
|
| Unrestricted funds |
|
|
|
9,054 |
10,049 |
| Endowment funds |
|
|
|
1,082,688 |
1,034,337 |
| TOTAL FUNDS |
|
|
|
1,091,742 |
1,044,386 |
| INVESTMENT INCOME |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Fixed interest stocks, convertibles and equity investments |
32,698 |
32188 |
| Deposit account interest |
51 |
54 |
|
32,749 |
32,242 |
| 2022 |
2021 |
| £ |
£ |
| 14,740 |
13,421 |
| Grant |
|
|
| funding of |
|
|
| activities |
Support |
|
| (see note |
costs (see |
|
| 6) |
note 7) |
Totals |
| £ |
£ |
£ |
| 32,000 |
1,744 |
33,744 |
|
2022 |
2021 |
|
£ |
£ |
|
32,000 |
32,000 |
GRANTS PAYABLE
- continued
The total grants paid to institutions during the year was as follows: |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Church Mission Society |
1,000 |
1,500 |
| Christian Aid |
1,500 |
2,000 |
| TEAR Fund |
1,500 |
1 500 |
| Safe and Sound, Derby |
1,000 |
1,000 |
| Good News Family Care |
1,000 |
1,000 |
| Manna Mozambique & Angola Anglican Association |
500 |
500 |
| Derby City Mission |
4,000 |
4,000 |
| Christian Solidarity Worldwide |
1)000 |
1,000 |
| Derby Kids Camp |
500 |
- |
| Freedom From Torture |
- |
1,000 |
| London Institute Contemp Christianity |
500 |
(500) |
| Crossroads |
1,000 |
1,000 |
| Swadlincote Youth for Christ |
1,000 |
1,000 |
| Compassion |
1,000 |
1,000 |
| Upbeat Communities |
500 |
500 |
| Chicks |
500 |
- |
| Home Start Erewash |
500 |
500 |
| Church Army |
500 |
500 |
| Broadway Baptist |
4,000 |
4,000 |
| CPAS (Falcon Camp) |
1,000 |
1,000 |
| Exairco Trust |
- |
1,000 |
| Restore |
1,000 |
1,000 |
| UCCF Christian Unions |
500 |
500 |
| St Luke’s Healthcare for the Clergy |
1,000 |
1,000 |
| A Roche UK |
1,000 |
1,000 |
| MHA |
1,000 |
1,000 |
| Freedom Community Project |
500 |
500 |
| St Matthews, Overseal |
500 |
500 |
| The Leprosy Mission |
500 |
500 |
| Mission Direct |
500 |
500 |
| The BACA Charity |
500 |
500 |
| Betel UK |
500 |
500 |
| Scripture Union |
500 |
500 |
| Theos |
500 |
500 |
| Starfish Malawi |
500 |
- |
| Improving lives |
500 |
- |
|
32,000 |
32,000 |
|
|
|
|
|
Governance |
|
|
|
|
|
Finance |
costs |
Totals |
|
|
|
|
£ |
£ |
£ |
| Church |
and |
Charitable |
purposes |
10 |
1,734 |
1,744 |
| Finance |
|
|
|
2022 |
2021 |
|
Church |
|
|
and |
|
|
Charitable |
Total |
|
purposes |
activities |
|
£ |
£ |
| Bank charges |
10 |
4 |
| Governance costs |
|
|
|
2022 |
2021 |
|
Church |
|
|
and |
|
|
Charitable |
Total |
|
purposes |
activities |
|
£ |
£ |
| Accountancy |
1,734 |
1,693 |
| COMPARATIVES FOR THE STATEMENT OF FINAN |
CIAL ACTIVITIES |
|
|
|
Unrestricted |
Endowment |
Total |
|
fund |
fund |
funds |
|
£ |
£ |
£ |
| INCOME AND ENDOWMENTS FROM |
|
|
|
| Investment income |
32,242 |
- |
32,242 |
| EXPENDITURE ON |
|
|
|
| Raising funds |
- |
13,421 |
13,421 |
| Charitable activities |
|
|
|
| Church and Charitable purposes |
33,697 |
- |
33,697 |
| Total |
33,697 |
13,421 |
47,118 |
| Net gains on investments |
- |
219,068 |
219,068 |
| NET INCOMEI(EXPENDITURE) |
(1,455) |
205,647 |
204,192 |
| 9. |
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
- continued |
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
- continued |
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
- continued |
|
|
|
Unrestricted |
Endowment |
Total |
|
|
fund |
fund |
funds |
|
|
£ |
£ |
£ |
|
RECONCILIATION OF FUNDS |
|
|
|
|
Total funds brought forward |
11,504 |
828,690 |
840,194 |
|
TOTAL FUNDS CARRIED FORWARD |
10,049 |
1,034,337 |
1,044,386 |
| 10. |
FIXED ASSET INVESTMENTS |
|
|
|
|
|
|
Cash and |
|
|
|
Listed |
settlements |
|
|
|
investments |
pending |
Totals |
|
|
£ |
£ |
£ |
|
MARKET VALUE |
|
|
|
|
At 6 April 2021 |
1,019,347 |
14,990 |
1,034,337 |
|
Additions |
106,524 |
103,795 |
210,319 |
|
Disposals |
(125,322) |
(112,754) |
(238,076) |
|
Revaluations |
76,108 |
- |
76,108 |
|
At 5 April 2022 |
1076,657 |
6,031 |
1,082,688 |
|
NET BOOK VALUE |
|
|
|
|
At 5 April 2022 |
1,076,657 |
6,031 |
1,082,688 |
|
At 5 April 2021 |
1,019,347 |
14,990 |
1,034,337 |
|
Listed investments are analysed as follows: |
|
|
|
|
|
|
2022 |
2021 |
|
|
|
£ |
£ |
|
UK investments |
|
656,501 |
670,414 |
|
Overseas investments |
|
420,156 |
348,933 |
|
|
|
1,076,657 |
1,019,347 |
|
Included within listed investments are the following material investments: |
|
|
|
|
|
|
2022 |
2021 |
|
|
|
£ |
£ |
|
TR Property Investment |
|
84,150 |
71.280 |
|
Experion |
|
68,000 |
58570 |
|
Cost or valuation at 6 April 2022 is represented by: |
|
|
|
|
|
|
Cash and |
|
|
|
Listed |
settlements |
|
|
|
investments |
pending |
Totals |
|
|
£ |
£ |
£ |
|
Valuation in 2022 |
1,076,657 |
6,031 |
1,082,688 |
| 2022 |
2021 |
| £ |
£ |
| 33,735 |
34,734 |
| MOVEMENT IN FUNDS |
|
|
|
|
|
|
|
Net |
|
|
|
|
movement |
At |
|
|
At 6/4/21 |
in funds |
5/4/22 |
|
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
|
10,049 |
(995) |
9,054 |
| Endowment funds |
|
|
|
|
| Endowment fund |
|
1,034,337 |
48,351 |
1,082,688 |
| TOTAL FUNDS |
|
1,044,386 |
47,356 |
1,091,742 |
| Net movement in funds, included in the above are as follows: |
|
|
|
|
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
32,749 |
(33,744) |
- |
(995) |
| Endowment funds |
|
|
|
|
| Endowment fund |
- |
(14,740) |
63,091 |
48,351 |
| TOTAL FUNDS |
32,749 |
(48,484) |
63,091 |
47,356 |
| Comparatives for movement in funds |
|
|
|
|
|
|
|
Net |
|
|
|
|
movement |
At |
|
|
At 6/4/20 |
in funds |
5/4/21 |
|
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
|
11,504 |
(1,455) |
10,049 |
| Endowment funds |
|
|
|
|
| Endowment fund |
|
828,690 |
205.647 |
1.034,337 |
| TOTAL FUNDS |
|
840,194 |
204,192 |
1,044,386 |
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
32,242 |
(33697) |
- |
(1,455) |
| Endowment funds |
|
|
|
|
| Endowment fund |
- |
(13,421) |
219,068 |
205,647 |
| TOTAL FUNDS |
32,242 |
(47,118) |
219,068 |
204,192 |
| A current year 12 months and prior year 12 |
months combined position is as follo |
ws: |
|
|
|
Net |
|
|
|
movement |
At |
|
At 6/4/20 |
in funds |
5/4/22 |
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
| General fund |
11,504 |
(2,450) |
9,054 |
| Endowment funds |
|
|
|
| Endowment fund |
828,690 |
253,998 |
1,082,688 |
| TOTAL FUNDS |
840,194 |
251,548 |
1,091,742 |
A current year 12 months and prior
as follows: |
year 12 months combined n |
et movement in f |
unds, included i |
n the above |
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
64,991 |
(67.441) |
- |
(2,450) |
| Endowment funds |
|
|
|
|
| Endowment fund |
- |
(28.161) |
282,159 |
253.998 |
| TOTAL FUNDS |
64,991 |
(95,602) |
282,159 |
251,548 |
|
2022 |
2021 |
|
£ |
£ |
| INCOME AND ENDOWMENTS |
|
|
| Investment income |
|
|
| Fixed interest stocks, convertibles and equity |
|
|
| investments |
32,698 |
32,188 |
| Deposit account interest |
51 |
54 |
|
32,749 |
32,242 |
| Total incoming resources |
32,749 |
32,242 |
| EXPENDITURE |
|
|
| Investment managementcosts |
|
|
| Portfolio management |
14,740 |
13,421 |
| Charitable activities |
|
|
| Grants to institutions |
32,000 |
32000 |
| Support costs |
|
|
| Finance |
|
|
| Bank charges |
10 |
4 |
| Governance costs |
|
|
| Accountancy |
1,734 |
1,693 |
| Total resources expended |
48,484 |
47,118 |
| Net expenditure before gains and losses |
(15,735) |
(14,876) |
| Realised recognised gains and losses |
|
|
| Realised gainsfQosses) on fixed asset |
|
|
| investments |
(13,846) |
34,126 |
| Net (expenditure)Iincome |
(29,581) |
19,250 |