2022-04-05-accounts

	Page
Referenceandadministrativedetailsofthecharity,itsTrusteesandadvisers
Trustees'report	2-12
Independentauditors'reportonthefinancialstatements	13-16
Statementoffinancialactivities	17
Balancesheet	18
Statementofcashflows	19
Notestothefinancialstatements	20-35

Trustees
	MrsCMBowerman
	MissKEBowerman
	MrJMCapper
	MrsAMDownham
	MrMFollis
	MrsJMTaylor
Charityregistered
number	289446
Principaloffice	ChampsHill
	WalthamParkRoad
	Coidwaltham
	Pulborough
	WestSussex
	RH241LY
Independentauditors	KrestonReevesLLP CharteredAccountants
	9DonningtonPark
	85BirdhamRoad
	Chichester
	WestSussex
	PO207AJ
Bankers	BarclaysBankPLC
	POBox2915
	Brighton
	EastSussex
	BN1 1SJ
Solicitors	DMHStallardALP
	135HighStreet
	Crawley
	WestSussex
	RH101DQ
Investmentmanagers andadvisors	BlackRock 12ThrogmortonAvenue
	London
	EC2N2DL
Investmentmanagers	CloseBrothers
andadvisors	10CrownPlace
	London
	EC2A4FT

28 November 2022

		Unrestricted	Total	Total
		funds	funds	funds
		2022	2422	2021
	Nate	£	£	£
Incomefrom:
Donationsandlegacies	3	42,544	42,544	108
Investments	4	278,378	278,378	363,019
Othertncame	5	18,444	18,444	-
Totalincome		339,366	339,366	363,127
Expenditureon:
Raisingfunds	6	39,252	39,252	36,546
Charitableactivities	7	577,787	577,787	510,757
Totalexpenditure		617,039	617,039	547,303
Netexpenditurebeforenetgainsoninvestments		(277,673}	(2?7,673}	(184,176)
Netgainsoninvestments		487,287	487,287	1,450,461
Netmovementinfundsbeforeotherrecognised gains		209,614	209,614	1,266,285
Otherrecognisedgains:
Gainsonrevaluationoffixedassets		-	-	65,000
Netmovementinfunds
Reconciliationoffunds:
Totalfundsbroughtforward		17,315,615	17,315,615	15,984,33d
Netmovementinfunds		209,614	209,614	1,331,285
Totalfundscarriedforward

			2022		2021
	Note		£		£
Fixedassets
Tangibleassets	12		3,142,366		3,179,533
Heritageassets	14		3,644,5$4		3,582,690
Investments	15		8,609,740		$,270,788
Investmentproperty	13		2,085,000		2,Q85,000
			17,48'1,690		17,118,011
Currentassets
Stocks		3,243		2,224
Debtors	16	25,532		40,407
Cashatbankandinhand		47,106		199,494
		75,881		242,125
Creditors:amountsfallingduewithinone
year	17	(32,342)		{44,521)
Netcurrentassets			43,539		197,604
Totalnetassets			17,525,229		17,315,615
Charityfunds
Unrestrictedfunds	18		17,525,229		17,315,615
Totalfunds			17,525,229		17,315,615

# a w= ~r ,• ~
	za22	2021
	£	£
Cashflowsfromoperatingactivitmes
Netcashusedinoperatingactivities	(469,063}	(602,082}
Cashflawsfrominvestingactsvities
Dividends,interestsandrentsfrominvestments	278,786	363,019
Proceedsfromthesaleofinvestments	635,994	606,391
Purchaseofinvestments	(554,655}	(579,645}
Purchaseofheritageassets	(127,450}	-
Proceedsfromsaleofheritageassets	84,000	-
Netcashprovidedbyinvestingactivities	316,675	389,765
Changeincashandcashequivalentsintheyear	(152,388}	(212,311)
Cashandcashequivalentsatthebeginningoftheyear	199,494	411,811
Cashandcashequivalentsattheendoftheyear	47,106	199,494
TheHatesonpages2dto35formpartofthesefinancialstatements

	Unrestricted	Total	Total
	funds	funds	funds
	2Q22	2022	2021
	£	£	£
Musicroam,gardenvisitors,ThePinesandotherdonations	42,544	42,544	108
Total2021	108	1d8

	Unrestricted	Total	Total
	funds	funds	funds
	Za22	Za22	2021
	£	£	£
Rentsreceivable	48,616	48,616	49,129
Dividendsfrominvestments	229,762	229,762	313,890
	278,378	278,378	363,019
Tofa12021	363,019	363,019

	Unrestricted	Total	Total
	funds	funds	funds
	2022	2022	2021
	£	£	£
Profitansaleoffixedassets	18,444	18,444	-

	Unrestricted	Total	Total
	funds	funds	funds
	2022	2022	2021
	£	£	£
Expenditureoninvestmentmanagementandpropertycosts	39,252	39,252	36,546
Total2021	36,546	36,546

	Direct	Support	Total	Total
	costs	costs	funds	funds
	2022	2022	2022	2021
	£	£	£	£
Charitabledonations	69,170	-	69,170	68,777
Musiceventpromotionandrecording	720,880	-	120,880	71,416
Propertyexpenses	178,629	-	178,629	188,942
Musicroomexpenses	14,907	-	14,907	3,328
Otherexpenses	-	194,201	194,201	178,294
	383,586	194,201	577,787	510,757
Tota12021	332,463	178,294	510,757
Analysisofsupportcosts
		Church	Tatal	Total
		activities	funds	funds
		2022	2022	2021
		£	£	£
Depreciation		37,167	57,167	37,716
Officeexpenses		132,633	132,633	117,177
Bankchargesandinterest		1,001	1,001	781
Auditor'sremuneration		18,000	18,000	16,500
Accountancyfees		5,400	5,400	6,120
		194,241	194,201	17$,294
Total2021		178,294	178,294

			Total	Total
	Grantsto	Grantsto	funds	funds
	institutions	individuals	2022	2021
	£	£	£	£
Religiousdonations	13,000	-	13,OOQ	27,Q00
TheArtsandmusic	20,420	-	20,420	-
Medicalcharities	-	-	-	10,200
Youthworkandeducation	3,000	3,000	6,OOQ	10,550
Studentsponsorship	-	15,000	15,oaa	10,0d0
Other	14,500	250	14,750	11,027
	5Q,920	18,250	69,170	68,777

	2022	2021
	£	£
Religiousdonations:
StCuthman'sChurch,Whitehawk	5,000	-
ArunCommunityChurch	-	1Q,000
	41I i	i111
TheArtsandmusic:
TheJoyceandMichaelKennedyAwardfortheSingingofRichardStrauss	10,000	-
ThePetworthFestival	10,420	-
	20,420	-
Youthworkandeducation:
CoachCoreDevelopment	-	9,550
	-	9,550
StudentSponsorship
ElifCansever	15,400	10,000
	15,000	10,000
Other:
DepaulInternational-UkraineEmergencyAppeal	10,000	-
	1Q,000	-

	2022	2021
	No.	No.
Office	5	4
Property	5	5
	10	9

Analysisofstaffcosts
	2022	2021
	£	£
Wagesandsalaries	164,425	126,515
Socialsecuritycosts	9,36Q	6,663
Pensioncosts	6,331	15,268
	180,116	148,446

	Freehold	Plantand	Fixturesand
	property	machinery	fittings	Total
	£	£	£	£
Cost
At6April2021	3,331,754	71,811	176,597	3,520,162
At5April2022	3.331.754	71.811	176,597	3.520.162
Depreciation
At6April2021	233,456	3,233	103,940	34Q,629
Chargefortheyear	34,965	8	2,194	37,167
At5April2Q22	268.421	3.241
Netbookvalue
At5April2022	3,063,333	68,570	10,463	3,142,366
At5April2021	3,098,298	68,578	12,657	3,179,533

		Investments
		m
		subsidiary	Listed
		companies	investments	Total
		£	£	£
	Costorvaluation
	At6April2021	303,523	7,967,265	8,270,788
	Additions	-	554,655	554,655
	Disposals	-	(635,994)	{635,994)
	Revaluations	-	420,291	420,291
	At5April2022	303,523	8,306,217	$,609,740
	Netbookvalue
	At5April2022	303,523	8,306,217	8,609,740
	At5April2021	303,523	7,967,265	$,270,788
	Principalsubsidiaries
	Thefollowingwasasubsidiaryundertakingofthecharity:
	Name			Holding
	BCTT2Limited			100%
	Thefinancialresultsofthesubsidiaryfortheyearwere:
	Name		(Loss)for	Netassets
			theperiod	£
	BCTT2Limited		(1,4U6)	300,988
16.	Debtors
			2022	2021
			£	£
	Duewithinoneyear
	Otherdebtorsandprepayments		11,296	36,424
	Accruedincome		14,236	3,983
			25,532	40,407

	2022	2021
	£	£
Othercreditors	10,211	12,521
Accrualsanddeferredincome	22,131	32,000
	32,342	44,521

	Balanceat6			Transfers	Gains/	Balanceat5
	ApriO2021	Income	Expenditure	in/out	(Losses)	Apri12022
	£	£	£	£	£	£
Unrestricted
funds
Designated
funds
Designated
investmentfunds	10,291,328	-	-	403,412	-	10,694,740
Generalfunds
GeneralFunds	7,024,287	320,922	{598,595)	{4Q3,412)	487,287	6,830,489
Tota!
Unrestricted
funds	17,315,615	32Q,922	{598,595)	-	487,287	17,525,229

Statementoffun	ds-prioryear
	Balanceat			Transfers	Gains/	Balanceat
	6April2020 £	Income £	Expenditure £	in/out £	(Losses) £	5Apri12021 £
Unrestricted
funds
Designated
funds
Designated investmentfunds	8,750,610	-	-	1,540,718	-	10,291,328
Generalfunds
GeneralFunds	7,233,720	363,127	(547,303}	(1,544,718)	1,515,461	7,024,287
Total
Unrestricted funds	15,984,33Q	363,127	(547,303}	-	1,515,461	17,315,615

Analysisofnetassetsbetweenfunds-currentye	ar
	Unrestricted	Total
	funds	funds
	2022	2022
	£	£
Tangiblefixedassets	3,142,366	3,142,366
Fixedassetinvestments	$,609,740	8,6Q9,740
Investmentproperty	2,085,400	2,085,000
Heritageassets	3,644,584	3,644,5$4
Currentassets	75,881	75,881
Creditorsduewithinoneyear	(32,342)	(32,342}
Ttal	17,525,229	17,525,229

	Unrestricted	Total
	funds	funds
	2021	2021
	£	£
Tangiblefixedassets	3,179,533	3,179,533
Fixedassetinvestments	8,270,788	8,270,788
Investmentproperty	2,085,000	2,085,000
Heritageassets	3,582,690	3,582,690
Currentassets	242,125	242,125
Creditorsduewithinoneyear	{44,521)	(44,521)
Ttl	17,315,615	17,315,615

		2022	2021
		£	£
	Netincomefortheyear(asperStatementofFinancialActivities)	209,614	1,266,285
	Adjustmentsfor:
	Depreciationcharges	37,167	37,716
	Dividends,interestsandrentsfrominvestments	(278,786)	(363,019)
	Loss/{profit)onthesaleoffixedassets	(18,444)	-
	Decrease/(increase)instocks	(1,019)	1,2Q3
	Decreaseindebtors	14,875	21,341
	Increase/{decrease)increditors	(12,179)	1,856
	Unrealisedloss/(gains)oninvestments	(420,291)	(1,567,464)
	Netcashusedinoperatingactivities	{469,063)	(602,082)
21.	Analysisofcashandcashequivalents
		2022	2021
		£	£
	Cashinhand	47,106	199,494
	Totalcashandcashequivalents	47,106	199,494

	At6April		At5April
	2021	Cashflows	2022
		£	£
Cashatbankandinhand	199,494	(152,388}	47,106
	199,494	(152,388}	47,106