2022-12-31-accounts - Community Of Saint John The Baptist

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Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2 to 5
Statement ofTrustees'	Responsibilities
Independent Auditors'	Report	7 to 9
Statement ofFinancial	Activities	10
Balance Sheet
Cash Flow Statement		12
Notes to the Financial	Statements	13to 21

Trustees			The Very Reverend	Archimandrite	Archimandrite	Peter
			Thomas Carter
			Nicholas Meade
			Daniel McCarthy
Charity	Registration	Number	282448
Principal	Office		The Old Rectory
			Tolleshunt Knights
			Essex
			CM9 8EZ
Auditor			Just Audit &Assurance		Ltd
			37Market Square
			Witney
			OX28 6RE
Accountants			ReesRussell LLP
			Accountant
			37Market Square
			Witney
			OX28 6RE
Bankers			Barclays Bank Pic
			Leicester
			LE872BB
			Lloyds TSBBank Pic
			Market Square Aylesbury
			BX1 1LT
Financial	Adviser		Fairstone Financial	Management		Limited
			Chiltem Court
			Back Street
			Wendover
			HP22 6EP
Solicitors			Bawtree &Sons
			65 Newland Street
			Witham
			CM8 1AB

Statem	ent of	Financial Activities	for the Year Ended	31December	2022
				Unrestricted	Unrestricted
				2022	2021
			Note
Income and Endowments		from:
Donations and legacies				632,880	658,388
Charitable activities				117,820	74,692
Investment income				129,753	131,059
Total Income				880,453	864,139
Expenditure on:
Raising funds				(49,224)	(48,693)
Charitable activities				(729,780)	(574,994)
Governance costs				(3,838)	(4,200)
Total Expenditure				(782,842)	(627,887)
Gains/losses on investment		assets		(3,798,032)	2,202,247
Net movement in funds				(3,700,421)	2,438,499
Reconciliation offunds
Total funds brought	forward			28,436,315	25,997,815
Total funds carried	forward			24,735,894	28,436,314

					2022	2021
				Note
Rxed assets
Tangible assets				10	4,082,112	3,528,673
investments				ll	19,591,020	23,309 151
					23,673,132	26,837,824
Curreat assets
Stocks				12	204,287	206,764
Debtors				13	54,704	37,155
Cash at bank	and in hand				892 782	1,378,646
Creditors: Amounts Net current assert		falling due tstthin	one year	74	1,151,773 ~997I 1,062,762	1,622,565 ~(2.975 1,598,490
Net assent					24,735.894	2&,436,
Funds ofthe	chsrityt
Unrestricted	income	fnads
Unrestricted	funds				24,73S,894	28,436,314
Total funds				16	24,73S,894	28,436,314

Cash Flo	w	Statement for the Ye	ar Ended 31D	ecember 20ZZ
				2022	2021
			Note	f
Cash tlows from operating	activities
Net cash (expenditure)/income				(3,700,421)	2,438,499
Adjustments to cash flows from non-cash items
Depreciation				5,400	631
Investment income				(129,753)	(131,059)
Revaluation ofinvestments				3,798,032	(2,202,248)
				(26,742)	105,823
Working capital adjustments
Decrease/(increase) in stocks			12	2,477	(32,599)
Increase in debtors			13	(17,549)	(18,397)
Increase/(decrease) in creditors			14	64,937	(45,249)
Net cash flows from operating		activities		23,123	9,578
Cash flows from investing activities
Interest receivable and similar		income		129,753	131,059
Purchase oftangible fixed assets			10	(559,529)
Sale oftangible fixed assets				690
Purchase ofinvestments				(79,901)	(212,301)
Net cash flows from investing		activities		(508,987)	(81,242)
Net decrease in cash and cash	equivalents			(485,864)	(71,664)
Cash and cash equivalents at	I	January		1,378,646	1,450,310
Cash and cash equivalents at 31 December				892,782	1,378,646

residual value, over t	residual value, over t	heir expected useful economic l	ife as follows:
Asset class			Depreciation method	and rate
Motor vehicles			25%reducing balance
Furniture,	furnishings	and equipment	Written incurre
			Where used for the Charity's own		purpose
Freehold	land and buildings		are not depreciated but are shown at cost, or estimated value at the time ofreceipt in
			the case ofgifts.

Voluntary	mcome
Donations and legacies
Gift aid	reclaimed
Pensions
Royalties

Unrestricted
Total	Total
2022	2021
578,360	625,466
26,641	8,143
23,857	19,029
4,022	5,750
632,880	658,388

Unrestricted
Total	Total
2022	2021
117,820	74,692
Unrestricted
Total	Total
2022	2021
129,753	131,059

			Unrestricted
			funds	Total	Total
			General	2022	2021
Other investment	management	costs;
Administration	ofthe investments		49,224	49,224	48,693
			49,224	49,224	48,693

6	Expenditure	charitable
			Unrestricted
				Total	Total
			General	2022	2021
Bookshop			94,769	94,769	43,401
Activities	undertaken	directly	635,011	635,011	531,593
			729,780	729,780	574,994
					Total
					expenditure

		Unrestricted
		funds	Total	Total
		General	2022	2021
		f	g
Audit fees
Audit ofthe financial	statements	3,838	3,838	4,200
		3,838	3,838	4,200

10 Tangible fixed assets
		Properties
	Land and	under
	buildings	construction	Motor vehicles	Total
	6
Cost
At 1 January 2022	3,526,778		53,156	3,579,934
Additions	66,339	472,795	20,395	559,529
Disposals			(12,244)	(12,244)
At 31 December 2022	3,593,117	472,795	61,307	4,127,219
Depreciation
At 1 January 2022			51,261	51,261
Charge for the year			5,400	5,400
Eliminated on disposals			(11,554)	(11,554)
At 31 December 2022			45,107	45,107
Net book value
At 31December 2022	3,593,117	472,795	16,200	4,082,112
At 31 December 2021	3,526,778		1,895	3,528,673

Other investments
					Listed
				investments
Cost or Valuation
At I January 2022					23,309,151
Revaluation					(3,798,032)
Additions					79,901
At 31December 2022					19,591,020
Net book value
At 31 December 2022					19,591,020
At 31December 2021					23,309,151
				2022	2021
Material investments included			therein were as follows:	K
British Government Stocks				1,068,121	1,211,746
Baillie Gitford International		B	Acc	639,585	803,186
Fundsmith Equity IAcc				603,200	699,074
Fidelity Asia Pacific Opportunities				598,674	453,499
Rathbone Global Opportunities				562,647	708,385
Natixis Loomis Sayles US Equity Leaders Fund				518,243	651,086
UBS US Growth Class C(Acc)				518,237	705,823
HSBC American Index	C Inc			490,450	544,414
Veritas Asian Fund A Inc				490,408	596,637
Threadneedle American	Acc			483,370	550,115
12 Stock
				2022	2021
Stocks				204,287	206,764

13 Debtors
		2022	2021
		K	g
Trade debtors		3,197	867
Prepayments		421	442
Other debtors		51,086	35,846
		54,704	37,155
14 Creditors: amouats	falling due within one year
		2022	2021
Trade creditors		69,609	1,083
VAT		3,151	852
Other creditors		7,176	6,206
Accruals		9,075	15,934
		89,011	24,075

16 Funds
					Balance at
	Balance at I			Other	31
	January	Incoming	Resources	recognised	December
	2022	resources	expended	gains/(losses)	2022
		g
Unrestricted
General	28,436,315	880,453	(782,452)	(3,798,422)	24,735,894
					Balance at
	Balance at I			Other	31
	January	Incoming	Resources	recognised	December
	2021	resources	expeaded	gains/Bosses)	2021
			g	g	g
Unrestricted
General	25,997,815	864,139	(627,887)	2,202,247	28,436,314

17 Anal	ysis ofnet assets between funds
		Unrestricted
		funds
		2022
Tangible	fixed assets	4,082,1 12
Fixed asset investments		19,591,020
Current	assets	1,151,773
Current	liabilities	(89,011)
Total net assets		24,735,894
		Unrestricted
		funds
		2021
Tangible	fixed assets	3,528,673
Fixed asset investments		23,309,151
Current	assets	1,622,565
Current	liabilities	(24,075)
Total net assets		28,436,314

Detailed Statemen	t	of	Financia	l Activities for th	e Year Ended 31Decem	ber 2022
					Total	Total
					2022	2021
Income and Eadowments	from:
Donations and legacies (analysed			below)		632,880	658,388
Chantable activities (analysed		below)			117,820	74,692
Investment income (analysed		below)			129,753	131,059
Total income					880,453	864,139
Expenditure on:
Raising funds (analysed below)					(49,224)	(48,693)
Charitable activities (analysed		below)			(729,780)	(574,994)
Governance costs					(3,838)	(4,200)
Total expenditure					(782,842)	(627,887)
Gains/losses on investment	assets		(analysed	below)	(3,798,032)	2,202,247
Net (expenditure)/income					(3,700,421)	2,438,499
Net movement in funds					(3,700,421)	2,438,499
Reconciliation offunds
Total funds brought forward					28,436,315	25,997,815
Total funds carried forward					24,735,894	28,436,314

						Total	Total
						2022f	2021 f
Donations and legacies
Pensions						23,857	19,029
Appeals and donations						578,360	625,466
Gift Aid tax reclaimed						26,641	8, 143
Royalties						4,022	5,750
						632,880	658,388
Charitable activities
Sales ofpurchased	goods					117,820	74,692
						117,820	74,692
Investrnenl inconie
Income from other	investments					129,753	131,059
						129,753	131,059
Charitable Activities
Bookshop
Purchases						94,769	43,401
						94,769	43,401
Other charitable activities
Depreciation ofmotor			vehicles			5,400	632
Establishment costs						70,276	51,390
Property repairs						221,432	269,687
Maintenance charges						45,444	14,907
Staff training						5,167	3,743
Staffwelfare						119,882	88,401
Insurances						34,190	28,212
Equipment repairs and			renewals			46,164	27,524
Printing, postage kk	stationery					8,900	11,793
Charitable donations						14,999	11,810
General administrative			expenses			30,773	23,494
Exceptional administrative				expenses		31,994
(Profit)/Loss on sale		oftangible			fixed assets	390
						635,011	531,593
Charitable Activities		total		expenditure		729,780	574,994

				Total	Total
				2022	2021
Raising funds
Administration		ofinvestments		49,224	48,693
				49,224	48,693
Gains/losses	oninvestment		assets
(Gain)/loss	on	programme	related investments	(3,798,032)	2,202,247