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|---|---|---|---|
|Trustees' report|||1-7|
|Independent|auditor's|report||
|Statement of|financial|activities||
|Balance sheet|||12|
|Notes tothe accounts||||
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|Trustees|||Revd. A. Malcolm|||||||
|---|---|---|---|---|---|---|---|---|---|
||||Revd. C.Card-Reynolds|||||||
||||Revd. S.Anderson|||||||
||||Baroness A. Harris|||||||
||||Revd. Canon J. Chambers|||||||
||||Revd. G. Naylor|||||||
||||Revd. Andrew
Crosbie||(Resigned 30September|||2021)||
||||David Ballance||(Appointed||30September 2021)|||
|Administrative||Support|Linden Sheffield|||||||
|Charity number|||289862|||||||
|Company|number||01830397|||||||
|Mailing Address|||348 Hughenden
Gardens|Village,||Hughenden|Boulevard,|High Wycombe|HP13 SGH|
|Registered|Office||65-68 Leadenhall
Street,|London||EC3A 2AD||||
|Auditors|||Knox Cropper
LLP Chartered||Accountants|||||
||||65-68 Leadenhall
Street,|London||EC3A 2AD||||
|Bankers|||Reliance Bank Ltd|||||||
||||Faith House, 23-24 Lovat|Lane, London EC3R 8EB||||||
|Solicitors|||HMG Law LLP|||||||
||||126 High Street, Oxford, OX||4DG|||||
||||Wedlake
Bell|||||||
||||71Queen Victoria Street,|London||EC4V 4AY||||
|Investment|Managers||Investec Wealth
Ik Investment|||||||
||||30Gresham Street, London||EC2V 7QP|||||
||||Rathbone
Investment
Management,|||||||
||||8 Finsbury
Circus, London|EC2M||7AZ||||
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|||Note||2021|2020|
|---|---|---|---|---|---|
|Income from:||||||
|Donations
and legacies||||1,694|30,312|
|Investments||||217,419|199,189|
|Surplus on sale ofleasehold|property|||1,145||
|Total||||220,258|229,501|
|Expenditure
on:||||||
|Raising funds||||47,091|40,637|
|Charitable
Activities||||406,398|428,904|
|Total||||453,489|469,541|
|Net gains and losses on investments|||10|1,032,583|232,989|
|Net income/(expenditure)
in funds|and net movement|||799,352|(7,051)|
|Fund balances at 1January|2021|||9,129,871|9,136,922|
|Fund balances at 31December 2021||||69,929,223|69,129,871|
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||||31December 2021|31December 2021|31December 2020|31December 2020|
|---|---|---|---|---|---|---|
|||Note|f|6|6|6|
|Fixed assets|||||||
|Tangible Assets||9||||90,971|
|Investment|assets|10||10,460,480||9,623,247|
|||||10,460,480||9,714,218|
|Current assets|||||||
|Debtors||11|97,014||93,550||
|Cash at bank and in hand|||76,024||113,490||
||||173,038||207,040||
|Creditors|||||||
|Amounts
falling due within one year||12|(704,295)||(791,387||
|Net crlrrent|assets||||||
|||||(531,257)||(584,347)|
|Total assets|less current liabilities|||69,929,223||69,129,871|
|Unrestricted|funds||||||
|Unrestricted|income funds|13||6,179,741||6,262,972|
|Designated
Revaluation|funds
Reserve|14
13||86,955
3,662,527||236,955
2,629,944|
|TOTAL FUNDS||||69,929,223||69,129,871|
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|2|Voluntary
income||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||2021||2020||
||||||||||||E||E||
||Legacies||||||||||||30,066||
||Other Donations||||||||||1,694||246||
||||||||||||f1,694||E30,312||
|3|Investment
income||||||||||||||
||||||||||||2021||2020||
||||||||||||E||f||
||Dividends||||||||||201,752||177,359||
||Income from fixed interest and|||cash deposits|||||||15,667||21,830||
||Fellowship ofStJohn (UK) Trust Association share||||||||||E217,419|f199,189|||
||Total investment
income|from||portfolios|||||||285,085||261,179||
||Transferred
to SGT, SHC and||SSJE(see below)||||||||(67,666)||(61,990)||
||Fellowship ofStJohn (UK) Trust Association share||||||||||E217,419|E199,189|||
||As explained
in note 16,|in 2015, the investments||||in|St|George's Trust, Sisterhood
of the||||Holy|Childhood||
||and Society of St John the Evangelist||||were transferred|||to FSJ. Only||FSJ's|share of investment||income|is|
||reflected through
the Statement of Financial Activities.||||||||||||||
|4|Surplus on sale ofleasehold||property||||||||E1,145||||
|5|Total resources expended||||||||||||||
|||||Administrator||Depre-|||Other||||||
|||||costsf||ciation
f|||costsf||2021f||2020
f||
||Charitable
activities||||||||||||||
||Grants (Note 6)||||||||285,362||285,362||283,770||
||Cowley Project||||||||||||13,982||
||Mizeki Festival Project||||||||||||||
||(Note 6)||||||||27,810||27,810||25,565||
||SSJECambridge
Links||||||||||||798||
||Supper't
cos'ts||||25,879||||25,262||51,141||41,873||
||Governance
costs||||||||42,085||42,085||62,916||
||Investment
management|fee|||||||47,091||47,091||40,637||
||Total resources expended||||E25,879|||E-|E427,610||f'453,489|E469,541|||
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|The following grants were|awarde|d
during the year:|||||||
|---|---|---|---|---|---|---|---|---|
|Grants awarded
outside the UK|||||||||
|Hope for Youth in Zimbabwe||Arable and livestock farming
project|||in Tariro|||31,200|
|Hummingbird
Trust, Grenada||Improvements
tothe Retreat House||||||9,946|
|Accomplish
Children's
Trust,|Uganda|Christian
education ofchildren|with||disabilities|||5,000|
|StGeorge' s, StVincent||Emergency
relief following volcanic|||eruption|||5,000|
|King's World Trust, India||Educational
funding for 20children||||||4,000|
|Kathryn's
Mercy Home, India||Forthe education often Dalit girls||||||1,800|
|Major grants awarded|||||||||
|Freedom Church Mereside||Funding for Youth Worker and|Centre Manager,|||||58,722|
|||refurbishment
of hall for worship||and mission|||||
|StStephen's
House, Oxford||King Edward Centre development||||||25,000|
|St Leonard's &StJude's Scawsby||Transformation
ofchurch
hall into||a|Parish|Education and||25,000|
|||Outreach
Center|||||||
|StMatthews
Carver Street||Development
Worker and Musical||Director,||Cornrnunity|Nurse|23,900|
|||project|||||||
|StJohn, Chester||Full time Parish Administrator||||||12,000|
|StCatherine's
Burnley||Centre Co-Ordinator/
Development|||Manager|||11,640|
|Forward
in Faith||Catholic network
mission initiative||||||10,000|
|StChad Community
Mission||Forcontinuation
oftheir community|||mission project|||7,500|
|St Peter &StJohn, Horbury||Children
and Families Worker||||||7,000|
|St Helen's Auckland||Youth and Community
Worker||||||6,667|
|St Wilfred's
Cantley||Continued
funding forjoint Youth Worker||||||6,000|
|Bishop of Richborough||Study tour for priests||||||6,000|
|StJohn the Baptist, Mexborough||Children
and Families Worker||||||5,880|
|St Hugh's Doncaster||Youth and Families Worker||||||5,344|
|St Paul's Llandudno||To build new faith connections|for|primary||school children||5,000|
|Other grants|||||||||
|StPeter &StCatherine
Hoyland||Mission Partnership
Development||Worker||||4,480|
|Erith Deanery Youth Trust||Children's
Christian
Ministry||||||4,000|
|Christ Church Bexleyheath||Church Youth Worker||||||3,000|
|Church Pastoral
Aid Society||Falcons holiday
programme
for|vulnerable|||and disadvantaged||600|
|||children|||||||
|Anna James||Towards
PhD fees for history and the future||||of Anglican||250|
|||theology|||||||
|Scholarships
and Bursaries|||||||||
|University ofthe Western Cape||Scholarships
and BookGrants||||||11,972|
|Grants awarded from the Bernard|Mizeki|Trust|||||||
|North
London Pastoral Assistants||Funding for pastoral assistants||||||18,000|
|Scheme|||||||||
|Pusey House, Oxford||Pastoral Assistant
funding||||||8,460|
|St Botolph, Cambridge||Summer placements
in Burnley||||||750|
|Peter Shears||Towards the costof MA for becoming a lay||||reader||600|
|Total grants awarded
in 2021||||||||324,711|
|Grants no longer required|||||||||
|StBride's Dumfries||||||||i9,539)|
|Holyweg
Community||||||||(2,000)|
|||||||||E313,172|
##
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|7|Auditors
Remuneration|||
|---|---|---|---|
||For Audit Services|E4,375|E4,200|
|8|Administrator
Costs|||
|||2021|2020|
|||E|E|
||Administrator
costs|25,879|23,933|
|||E25,879|E23,933|
||The administrator
is a freelance contractor.|||
||The charity does not employ any staff (2020:Nil)|||
##
|Tangible Fixed Assets||||
|---|---|---|---|
||Land and|||
||Buildings|||
||Leasehold|Computers|Total|
|Cost:|E|E|E|
|At 1January 2021|99,950|7,063|107,013|
|Additions||||
|Disposals|(99,950)||(99950)|
|At 31December 2021||7,063|7,063|
|Depreciation:||||
|At 1January 2021|8,979|7,063|16,042|
|Charge for the year||||
|Disposals|(8,979)||(8,979)|
|At 31December 2021||7,063|7,063|
|Net book value at31December 2021||||
|Net book value at 31December 2020|E90,971||E90,971|
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|Fixed asset investments||||
|---|---|---|---|
|||2021|2020|
|||E|E|
|Market value at 1January|2021|11,924,976|11,867,375|
|Additions||2,243,312|2,646,940|
|Disposals at book value||(2,077,947)|(2,894,838)|
|Movement
in Market Value of Investments||1,353,944|305,499|
|||13,444,285|11,924,976|
|Cash held for Investment||271,705|693,219|
|Less: Share ofinvestments|held on behalf ofSGT, SHC and SSJE|(3,255,510)|(2,994,948)|
|||E10,460,480|E9,623,247|
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|Debtors||||
|---|---|---|---|
|||2021|2020|
|Owed by Sisterhood ofthe Holy Childhood||67,019|68,303|
|Owed by St|George's Trust||14,552|
|Prepayments|and accrued income|29,995|10,695|
|||E97,014|E93,550|
##
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|12|Creditors:|amounts
falling due within|one year||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||6|E|
||Amounts|owed to StGeorge's Trust|||14,908||
||Amounts|owed to Society ofStJohn the Evangelist|||622,862|713,089|
||Accruals||||29,628|44,893|
||Grants payable||||36,897|33,405|
||||||E704,295|6791,387|
|13|Fund movements||||||
||||Designated|Income|Revaluation||
||||Funds|Funds|Reserves|Total|
||At 1January 2021||236,955|6,262,972|2,629,944|9,129,871|
||Incoming|resources||220,258||220,258|
||Resources|expended||(453,489)||(453,489)|
||Transfer||(150,000)|150,000|||
||Gain on investments||||1,032,583|1,032,583|
||At 31December 2021||686,955|E6,179,741|E3,662,527|E9,929,223|
||Prior year||||||
||||Designated|Income|Revaluation||
||||Funds|Funds|Reserves|Total|
||At 1January 2020||839,920|5,900,047|2,396,955|9,136,922|
||Incoming|resources||229,501||229,501|
||Resources|expended|(62,965)|(406,576)||(469,541)|
||Transfer||(540,000)|540,000|||
||Gain on investments||||232,989|232,989|
||At 31December 2020||6236,955|E6,262,972|E2,629,944|69,129,871|
##
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|14|Designated|Funds|||||
|---|---|---|---|---|---|---|
||||1January|Transfers|Resources|31|
||||2021||expended|December|
|||||||2021|
|||||6||f|
||Contingency|claim|150,000|(150,000)|||
||Claudia Severn Legacy||86,955|||86,955|
||||6236,955|6(150,000)|6-|686,955|
##
|Analysis of|net assets between|funds||||
|---|---|---|---|---|---|
|||Designated|Income|Revaluation||
|||Funds|Funds|Reserves|Total|
|Tangible
Fixed Assets||||||
|Investments|||6,797,953|3,662,527|10,460,480|
|Net Current|Liabilities|86,955|(618,212)||(531,257)|
|At 31December 2021||686,955|66,179,741|63,662,527|f9,929,223|
|Prior year||||||
|||Designated|Income|Revaluation||
|||Funds|Funds|Reserves|Total|
|Tangible Fixed Assets|||90,971||90,971|
|Investments|||6,993,303|2,629,944|9,623,247|
|Net Current|Liabilities|236,955|(821,302)||(584,347)|
|At 31December 2020||6236,955|66,262,972|62,629,944|69,129,871|
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