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||`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|
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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|||
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||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||
##
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##
||||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|-|
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||`2022`|`2021`|
|---|---|---|
||No.|No.|
|Office|5|4|
|Property|5|5|
||`10`|`9`|
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|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|
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|||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|
##