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|Reference and Administrative<br>Details|Reference and Administrative<br>Details||
|---|---|---|
|Trustees' Report||2 to 4|
|Statement ofTrustees'|Responsibilities||
|Independent<br>Auditors'|Report|6to 8|
|Statement ofFinancial|Activities||
|Balance Sheet||10|
|Cash Flow Statement|||
|Notes to the Financial|Statements|12to 20|





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|||The Very Reverend|Archimandrite|Archimandrite|Peter|
|---|---|---|---|---|---|
|||The Very Reverend|Archimandrite||Kyrill|
|||Thomas Carter||||
|||Nicholas Meade||||
|Charity Registration|Number|28244S||||
|Principal Office||The Old Rectory||||
|||Tolleshunt<br>Knights||||
|||Essex||||
|||CM9 SEZ||||
|Auditor||Just Audit &Assurance||Ltd||
|||37Market Square||||
|||Witney||||
|||OX28 6RE||||
|Bankers||Barclays Bank Pic||||
|||Leicester||||
|||LE872BB||||
|||Lloyds TSBBank Pic||||
|||Market Square Aylesbuty||||
|||BXI 1LT||||
|Financial Adviser||Fairstone Financial|Management||Limited|
|||Chiltem Court||||
|||Back Street||||
|||Wendover||||
|||HP22 6EP||||
|Solicitors||Bawtree &Sons||||
|||65Newland<br>Street||||
|||With am||||
|||CMS 1AB||||





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|Stateme|nt of|Pinancial Activities|for the Year Ended|31December|2021|
|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|
|||||2021|2020|
||||Note|f||
|Income and Endowments||from:||||
|Donations<br>and legacies||||658,388|566,719|
|Charitable<br>activities||||74,692|69,660|
|Investment<br>income||||131,059|271,660|
|Total Income||||864,139|908,039|
|Expenditure<br>on:||||||
|Raising funds||||(48,693)|(23,339)|
|Charitable<br>activities||||(574,994)|(476,864)|
|Governance<br>costs||||(4,200)|(3,472)|
|Total Expenditure||||(627,887|(503,675|
|Gains/losses<br>on investment||assets||2,202,247|1,729,272|
|Net movement<br>in funds||||2,438,499|2,133,636|
|Reconciliation offunds||||||
|Total funds brought|forward|||25,997,815|23,864,179|
|Total funds carried|forward||16|28,436,314|25,997,815|





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|||Balance Sheet as at 3|1December|2021||
|---|---|---|---|---|---|
|||||2021|2020|
||||Note||f|
|Fixed assets||||||
|Tangible assets|||10|3,528,673|3,529,304|
|Investments|||11|23,309,151|20,894,602|
|||||26,837,824|24,423,906|
|Current assets||||||
|Stocks|||12|206,764|174,165|
|Debtors|||13|37,155|18,758|
|Cash atbank|snd in hand|||1,378,646|1,450,310|
|Creditors: Amounts||falling due within one year|74|1,622,565<br> ~24.477|1,643,233<br>(69,324|
|Net current|assets|||1,598,490|1,573,909|
|Net assets||||28,436,314|25,997,815|
|Funds ofthe|charity:|||||
|Unrestricted|income|funds||||
|Unrestricted|funds|||28,436,314|25,997,815|
|Total funds||||28,436,314|25,997,815|







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|Cash Flo|w|Statement|for the Ye|ar Ended 31|December 2021||
|---|---|---|---|---|---|---|
||||||2021|2020|
|||||Note|g|g|
|Cash flows from operating|activities||||||
|Net cash income|||||2,438,499|2,133,636|
|Adjustments<br>to cash flows from non-cash|||items||||
|Depreciation||||5|631|842|
|Investment<br>income<br>Revaluation ofinvestments||||4|(131,059)<br>~2,292,249|(271,660)<br> ~7,729,272|
||||||105,823|133,546|
|Working capital adjustments|||||||
|Increase in stocks||||12|(32,599)|(7,012)|
|(Increase)/decrease<br>in debtors<br>(Decrease)/increase<br>in creditors||||13<br>14|(18,397)<br>~47,249|9,129<br>19,801|
|Net cash flows fiom operating||activities|||9,578|155,464|
|Cash flows from investing<br>activities|||||||
|Interest receivable and similar||income||4|131,059|271,660|
|Purchase ofinvestments||||11|(212,301)|(144,628)|
|Net cash flows fium investing|activities||||(81,242|127,032|
|Net (decrease)/increase<br>in cash||and cash equivalents|||(71,664)|282,496|
|Cash and cash equivalents<br>at|I|January|||1,450,310|1,167,814|
|Cash and cash equivalents<br>at|31December||||1,378,646|1,450,310|





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|Voluntary|income|
|---|---|
|Donations<br>and legacies||
|Gift aid|reclaimed|
|Pensions||
|Royalties||



|Unrestricted||
|---|---|
|Total|Total|
|2021|2020|
|f||
|625,466|526,852|
|8,143|13,912|
|19,029|20,383|
|5,750|5,572|
|658,388|566,719|



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||||Unrestricted|||
|---|---|---|---|---|---|
||||funds|Total|Total|
||||General<br>f|2021f|2020|
|Other investment|management|costs;||||
|Administration|ofthe investments||48,693|48,693|23,339|
||||48,693|48,693|23,339|





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|||||||||Total|
|---|---|---|---|---|---|---|---|---|
|||||||||costs|
|6|Expenditure||on|charitable|activities||||
|||||||Unrestricted|||
||||||||Total|Total|
|||||||General|2021|2020f|
|Bookshop||||||43,401|43,401|23,616|
|Activities||undertaken||directly||531,593|531,593|453,248|
|||||||574,994|574,994|476,864|
|||||||||Total|
|||||||||expenditure|
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|||Unrestricted|||
|---|---|---|---|---|
|||funds|Total|Total|
|||General|2021|2020|
|||g|K||
|Audit fees|||||
|Audit ofthe financial|statements|4,200|4,200|3,472|
|||4,200|4,200|3,472|



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|10 Tangible axed assets||||
|---|---|---|---|
||Land and|||
||buildings<br>f|Motor vehicles<br>f|Total<br>f|
|Cost||||
|At 1 January 2021|3,526,778|53,156|3,579,934|
|At 31December 2021|3,526,778|53,156|3,579,934|
|Depreciation||||
|At 1 January 2021||50,630|50,630|
|Charge for the year||631|631|
|At 31December 2021||51,261|51461|
|Net book value||||
|At 31December 2021|3,526,778|1,895|3,528,673|
|At 31December 2020|3,526,778|2,526|3,529,304|





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|Other investments||||||
|---|---|---|---|---|---|
||||||Listed|
|||||investments||
||||||0|
|Cost orValuation||||||
|At I January 2021|||||20,894,602|
|Revaluation|||||2,202,248|
|Additions|||||212,301|
|At 31December 2021|||||23,309,151|
|Net book value||||||
|At 31December 2021|||||23,309,151|
|At 31December 2020|||||20,894,602|
|||||2021|2020|
|Material investments|included||therein were as follows:|f||
|British Government|Stocks|||1,174,933|1,211,746|
|Baillie Gifford International||B|Acc|803,186|472,381|
|Rathbone<br>Global Opportunities||||708,385|454,803|
|UBSUS Gmwth Class C (Acc)||||705,823|376,606|
|Fundsmith<br>Equity I|Acc|||699,074|495,434|
|Natixis Loomis Sayles US Equity Leaders Fund||||651,086|538,857|
|Veritas Asian Fund|A Inc|||596,637|570,399|
|Baillie Gifford American||||592,274|351,332|
|Threadneedle<br>American Acc||||550,115|429,794|
|12 Stock||||||
|||||2021|2020|
||||||0|
|||||206,764|174,165|





|13 Debtors||||
|---|---|---|---|
|||2021|2020|
||||g|
|Trade debtors||867|3,212|
|Prepayments||442||
|Other debtors||35,846|15,546|
|||37,155|18,758|
|14 Creditors: amounts|falling due within one year|||
|||2021f|2020f|
|Trade creditors||1,083|36,790|
|VAT||852|146|
|Other creditors||6,206|18,071|
|Accruals||15,934|14,317|
|||24,075|69,324|



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|16 Funds||||||
|---|---|---|---|---|---|
||||||Balance at|
||Balance at 1|||Other|31|
||January|Incoming|Resources|recognised|December|
||2021f|resources|expended<br>f|gains/Posses)<br>f|2021|
|Unrestricted||||||
|General|25,997,815|864,139|(627,887)|2,202,247|28,436,314|
||||||Balance at|
||Balance at 1|||Other|31|
||January|Incoming|Resources|recognised|December|
||2020<br>f|resources<br>0|expended<br>s|gains/(losses)<br>0|2020|
|Unrestricted||||||
|General|23,864,179|908,039|(503,675)|1,729,272|25,997,815|





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|Detailed St|atemen|t|ofEInancia|l Activities for th|e Year Ended 31Decemb|er 2021|
|---|---|---|---|---|---|---|
||||||Total|Total|
||||||2021f|2020|
|Income and Endowments||from:|||||
|Donations<br>and legacies (snalysed below)|||||658,388|566,719|
|Charitable<br>activities|(analysed||below)||74,692|69,660|
|Investment<br>income|(analysed below)||||131,059|271,660|
|Total income|||||864,139|908,039|
|Expenditure<br>on:|||||||
|Raising funds (analysed below)|||||(48,693)|(23,339)|
|Charitable<br>activities|(analysed||below)||(574,994)|(476,864)|
|Governance<br>costs|||||(4,200)|(3,472)|
|Total expenditure|||||(627,887)|(503,675)|
|Gains/losses<br>on investment||assets (analysed||below)|2,202.247|1,729,272|
|Net income|||||2,438,499|2,133,636|
|Net movement<br>in funds|||||2,438,499|2,133,636|
|Reconciliation offunds|||||||
|Total funds brought|forward||||25,997,815|23,864,179|
|Total funds carried|forward||||28,436,314|25,997,815|





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|Deta|Bed Stateme|nt ofFinancial Activities for <br>(continued)|the Year Ended 31Decem|ber 2021|
|---|---|---|---|---|
||||Total|Total|
||||2021|2020f|
|Donations|and legacies||||
|Pensions|||19,029|20,383|
|Appeals<br>and donations|||625,466|526,852|
|Gift Aid tax reclaimed|||8,143|13,912|
|Royalties|||5,750|5,572|
||||658,388|566,719|
|Charitable|activities||||
|Sales ofpurchased<br>goods|||74,692|69,660|
||||74,692|69,660|
|Investment|income||||
|Income from other investments|||131,059|271,660|
||||131,059|271,660|
|Charitable|Activities||||
|Bookshop|||||
|Purchases|||43,401|23,616|
||||43,401|23,616|
|Other charitable acti vines|||||
|Depreciation ofmotor vehicles|||632|842|
|Property repairs|||269,686|169,121|
|Maintenance<br>charges|||85,972|61,907|
|Stafftraining|||3,743|2,984|
|Staffwelfare|||68,727|144,559|
|Equipment|repairs and renewals||27,524|25,479|
|Charitable|donations||11,811||
|Exceptional|administrative|expenses|63,498|48,356|
||||531,593|453,248|
|Charitable|Activities total|expenditure|574,994|476,864|
|Raising funds|||||
|Administration<br>ofinvestments|||48,693|23,339|
||||48,693|23,339|
|Gtdns/losses|on invesnnent|assets|||
|(Gain)/Joss|on programme|related investments|2,202,247|1,729,272|