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 | ||||||
Unrestrictedfunds |
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 |