| 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 |