Chai'iiy re£islrhtiQbn iiumbcr 294102 CHRIST THE SAVIOUR MONASTIC TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMEIYTS FOR THE YEAR ENDED 31 MARCH 2023
CHRIST THE SAVIOUR MONASTIC TRUST LEI GALAND ADMINISTRATIVE INFORMATION Trustee5 Faiher Coli IDtli¢r ClJtistopli¥r Mark ralhci. Peler ClJMI'lty 294102 RegisttrÈd offite I'hc MI51¢ 4)fiiie l.loly Thrtily c.iillinglye Lane Crawley Wesi Sussex RH1O4LII liid¢i)endent exaininer Darr¢n Haiing ACA TrCLA DChA Rtcliai'd PlaLf Dobson Services Limited TIAAILKaiidra Diirrwl IOA-12A T-lIgh.%1eI EN%t CTijIislcad Wc%l RIIIg3AW
CHRIST THE SAVIOUR MONASTIC TRUST CONTENTS P%ge -rru5tee5 rcport Indepeii(kii( cxamirttls rcpori Siaiemeni ol-linktiLi41 atylfjvilies Balattce shcct NDles to th¢ tinancial slalemeni 6- 12
CHRIST THE SAVIOUR MONASTIC TRUST
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH2023
The iM%tCCS E5Cl Ihcir anTriitil Jrporl and finaiickil 51aleinents torilie yearenthd 31 MaiKlJ 2023.
Tile finaiictal tementS haye beeii prepared in accordancc tviili Ihe policies strl oul til noic l io t lillxntial
5tateinciils curnply ii'iih the Iru5V5 Iiii51 dccd, lh¢ Clurilies Acr 2011 'AILounliDg aiid Rcporltng hy ChdriljE5=
Sialcnicnt ol. Reconinieiid¢d I)i¢(1cC applicablc ro chir¢lie% pr¢parillg tlicir acLLliliil% tn accurdanee iviili Fillanciol
R¢portittg Siandard Jpplirnble iii UK and Republic i)f Ireland IfRS 1021 leffe¢liv¢ l Januaiy 2019}"
Objective5 ac¢iYitie5
The charity, Ivfjs f1(led b), I1 Ci>lninItY of the Servais or Will of liod ivilh purix15c of tnainti£ illiTtg a ceiilr¢ in
ivhich illL2y be illci)IPl?T4l¢d a cliaptl and library,, a conf¢rriiLe Iluiisr rEsiden¢¢ for a wardcn, sialyaiid %tiid¢iits of thc
advaTLceineni ofiiie Clirisltaii reliEiOJJ by such means con%i.4enl ii'iih thc cli8raLi¢r ufa lifc of Pf£Tr}ier and m()fbaSiiC discipline
Ihe ITii%1¢¢5 IDa}, dccidc. This purSe may itKlude Ilie provision ofupp(Irliinitie5 fortrnining for th¢ pgrocliial nilniry by
stiidy ot urbi£ 11 arei£ s &ind Ili¢ p4#o¥al 5tructurcs and In¢thi5 inD51 it pproprjale fLii' Min1crig to them, foi. tl
pri?duGtioJi. tiJ[latiO1} aiid di%%cminaitoii of Clirisiiaii Ister•ire fol.e)¢n1¢l dittlo¥ue Tiiid contacts.
SignifKAtbt &ctlvltlÈs
The IT4i%I Iwndk5 Inonics lor a Conimillee ufii¢ligiou&
CliariKLblc trading conlinuc5 Iviili tho publication ol'thwlogiLal literJLture. Icciionw), 4nd s¢rvicc knoWe¢s ivilh Inuslc
Public beiiefit
Tlie Iru%l¢¢.s air aivare ofih¢ Cliatriiy Cuninii.%%iuTh' guidancc on piibliL betFit iii The Adnternentof Rcligion loi. Ihc
ljuhlir Iknctit aiid have had regai'd lo it iii their adininistrk)lion ufil cliarity.
AcliiBvemerJt% and perfoYmA Thcc
The Irusiees iade nvo Erants
CHRISTTHE SAVIOUR MONASTIC TRUST TRUSTEES REPORT (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2023 -lTh¢ INsiL¢S %¢rvrd (luring Ihc YC al up la thc dale ()fsignaDJr¢ of the liJJanLial 5tat¢inent5 IVCIK.. lailKr CiiliI> Biotlici. C'hYi.4liiphcr Ma FAlheY lJ¢tcr Roci'llitmellt appointment of heiv trustees Tlie charily is run on a du}, lo da), basi5 by Ihe Iri1.¥¢. Neiv Irusiet8 would he ¢rltCd from iyilhin Ilic Coiiitnuiiity ol'il ServAiii.% lif ilie li11 ot Go(1, anil ¥vould unJ¢rt#k¢ an i1u¢ll0 lo bi'tefihttin oil Ilieii. legal uhligatloas iilldcrcliariiy laiv, lh¢ charily'% ()bj¢div¢s aiid activilies and iueni fsnaiicial ptrfoi)i)ante. StAtemetht thf rust¢es respoll5ibilities The iru%l¢t5 arc tcsponsible loi. I}reFPtTing Ilie'l'rusttts Rcwrt thrtd th¢ finallcial stalemenl8 in accordallcc ivith ar411iciibl¢ l&1¥ and Iliiiied KingdolliAc<ounlin¥ qi#iidai'd5 Iuiiit¢d Killgdom CJ¢nciall), Accepted ACnit¥ Praclicel. The l&iv ui)plicable to ckqritics Eii¥laiid and Walcs (VIlre rhe Irii.%1¢¢% 10 prq)aip finaiieiml 51?l¢in¢nts foi. cacli litiancial }rai' whiuli give a iiue and fair vieiv uf IEY slate of affftij's ol. Ihe Iiu%i of ihe iiicoining tireeS and appli¢Jiion of si)urc¢s of Ihc triisl loi. Ihal Jrrur. In prepai'ing I[se filncial statrinen15, Ihc Iru51e¢s r¢(iuired to.. scled suilabl¥ cTrLLXlUlltiiig policic5 and Ilien apply Ihefft consisienily,, obyi've Ilic mciliods ad prinLiples iii ilie Charirics SORP; Imakc jt]dEemenls 8nd e%liinales rhat are asonable li1 priideDt'. hle ivhelher applic&2ble accoiiiiitiig sian(fwdb been folloivtd, tsubjeci 10 aiiy mii¢rsal Lkpaituirs disclo%eJ and expluiiied iii lh¢ linancial slaiem¢nl.4' and ppare Élle fiiiaiicial .4iaiemetkls oil ilit EDiDg COnLerD imsis iinless it IS itwN)ropi'iatc to yre5ume iE)ol tlie cliatily Ivill Loniinii¢ in op¢iEtioii. 'rh¥ Iwstt¢s arc rcsponsible for ke¢piiig uiLlnI accounlinx reLoi'ds Ihar disclose iviih r¢a50nablc accurHc} &1 ttny time Ihe rinaneiiil positi ofilie t¢ aiid eiiablc thcn) to Lnsujr Ihal tlie fina11.81IeIenlS comply iviih ilie Charities Act 201 I, Ihc Charity, (Accouiils and Rrp()rtsl RcLTiIIEIIEDllS 2008 and the provisions or the trLlSt dccd. 1¢), are also responsible fur feguuiYlin¥ the ass¢15 of IIK li'8[ and Ii¥iJL Fur taking asoab steps for ilx prevenlii)ii and d¢t¢ction ol'lraud and other ittcgularilics. The ITUSlees iEPDiI iva% Jpproved by the BO11 0[Th.le¢s. F*tber Colitt TISlee Daled.. page 2
CHRIST THE SAVIOUR MONASTIC TRUST INDEPENDENT EXAMINER'S REI PORT TO THE TRUSTEES OF CHRIST THE SAVIOUR MONASTIC TRUST rew)Il to Ili¢ tiusl¢¢E on ID), ¢xaiiiiiiation of thc fin8ncial slaieill¢ni% of Cliiisi the Savioiir MoiiagiiL Trii%l Ith¢ trubtl for the yeai. ended 31 Mai'eli 2023. Respohsibffililies bsis ¥f repurt As Ihe li'u%lees ()f the Irw81 you Icspoiisiblc for Ik preparalii)n of the fiiiAihtl21 I siaiennis in a¢¢x)rdanc¢ iyith thc requi¥etneiiL¥ of Ihe Chariiits Aci 2011 Illic 2011 Acil. I report in re$cl ot. my exaniiiiaiion uf Ilie Irus¢'s financial slalcnicjils Caix'ed out sc£lion 145 ol'ihe 2011 ALI. In Ir)'ing oul niy cxwliiiialirjii I liavt folloived all Ilit applicable Direeiiiin% ¥iv¢ii by tlic Chaixljr conin1isI()Th und¢r s¢clioii 14515llhl nf th¢ 2011 Act. Independent exAmine5 statement Your aii¢nlioii is di%wn i() the fdbl Iliat thc chatity has PiEPi£red rtiianci#l %latemeTirs in accordatttr iyiih ALGounting and Repoi'liii¥ by Charit1¢5 prepariiig IIKir accoiini8 in ¢0¥danCe ivith th¥ Pinuncial Rcwrtiiig 81&ndard #i)plicable in Ille UK d IIu5)LibliL l)f Irclaiid lTr'K% 1021 iii picference lil th¢ Ac¢ouniiiiE RLpoiiiiig by Chaiili¢s.' StatcnKnÉ ol. Iiwommefided Pral¢¢ iLd on l April 2005 ivliich 1% [el[¢d to in tlic cxtaLiI Irgiilaisiiiiy biir h&s iioiii beLn wiihdi•iYn. l iirndcislalld tli%1 Iliis lias been done iii ()i'ikr fi)r fiDaDcial 5tot¢mcn15 lo provide x Iriie and ir vitiv llec(Jrd&rK¢ ivith GcTrenllyAcceple(IAccuiinlin¥ l)I'aLiiLe effective tor reporting periods bB¥iniiin¥ on or aftcr l Jaiiiiai), 2015. I tjave LY)IMI)lel¢d Iny ¢xa1iiiitIOn. I conlirm IIMI ni) iiirtiiei's liavc coin¢ to my &llciiliuii iii Lnt¢ll0 iyiih Ihe ¢xuinillation giving Inc c&usc to b¢lieve ihiil itt dlly illaltriial Itset-. accouTrliiig r¢coiQ5 no¢ kepl iii re%,[lI uf Ilit Iiiisi require<l by seL¢ii)D IJO of Ihc 2011 Acl., or Ilie finaniial sareintnt5 do iioi comply ¥viih Ihe appliL¥ble Irquir¢in¢nts eoniLIDing th¢ IDriM aiid conlent Df aint5 sct out in thc ChaL'ilies IALcviiiil% aiid Rrpurtsl Rcgulalions 2008 otlier tliall aiiy iEqUSIEinBDt that the aceoiinis Elvt Iriie lid li. vieiv ivliich is n()t a matter considcrcd as parl iii(kpendeiil cxaiminiili(In. I liave no £ollc¢rns and have comc ac1SS llo olhei. Inalt¢r% iii rDniirrliDn iviih Ilie 1111a[lo1I io which aiiettiivii Lx drawi iii Iliis rtrN)rt in order 10 enable * prOr iinder5rThiidiKg of the tiJJancial sidl¢ineDls to bc rcached. Dwren I IwxliTb¥ACA PfCA t)CliA RiLhai'd l)laLY Dob5Trn Se)vÉces Lkinited TIAAlcxalldrn DurraThl IOA-12A High S(reel Wesl sU5x RH193AW Dalcd.. 29 january 2024 page 3
CHRIST THE SAVIOUR MONASTIC TRUST STATEKENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR EIVDED 31 MARCH 2023 Unrestri¢ted fuiid5 2023 Resti'icterf funds 2023 Total Unytgtricled funds 21)22 Restrict1 fund5 2023 2V22 2022 Not¢5 Income fmm: Dollaliuiig aiid l¢gucics Charitablc aclivilies Inv¢51mcnls 1.70 1,2211 38,279 2.50UJ 4,200 1,228 3¥,345 Y28 ,336 39,IRU 138 1,066 1,336 J9,183 tAI ineoimt 1,2U7 2,566 43,773 41,444 41,585 en(lilure ort.. ILiising lutt(Is 9,480 9,480 ChaTitablc activities 14,595 777 15,372 17,624 278 17,902 TotRI expendttu 24,(J75 777 24,852 28.802 278 29,080 Net Ba}n(li).5) o inv¥sliTrriits 1139,6171 91.145 91.145 Net movement in fuijds 1122,4851 1.78Y 1120,6961 It)3,787 11371 103.650 'Iitid balaiices ai l April 2022 1,519.475 667 .520,142 1,415,688 804 1,416.492 Fund balallres ht 31 March 2023 1,396,990 2.456 ,399,446 1,519,475 fi67 ,520.142 The siaiemefti ol. finallcilll NLlivili¢s include5 all gatns an(E Iokn¥.% Tecogr115¢d in Ihe year. All inn and eXtndItre deliv¢ tM Coiiiinlttg aLliVitI¢5. paBC 4
CHRIST THE SAVIOUR MONASTIC TRUST BALANCE SHEET ASA T31 MARCH 2023 2023 2022 Note5 FÉxcd lTrv¢stmcn15 13 .332.734 1,481,192 Current Assets Debtows Cx5h al bank and in hand 14 74,156 49,515 75.304 S659 Creditors: arnounts falling due ivitllin yeAJ' 18,5921 Nei current asseis 6&712 38,950 Total assets les9 current IlThbilitie5 1,399,446 ,520,142 Illiome R¢striGlcd fund5 UTrLf51riclcd luMIs 16 2,456 1,396,990 667 1,519,475 1,3Y9,446 1,520,142 lThe financial statenKnts iycfc approv by Ihe Trustecb Vn..,, F*lher Coltn TtV5t¢¢ i)#g¢ 5
CHRIST THE SAVIOUR MONASTIC TRUST NOTES TO THE FINANCIAL STATEMEI NTS FOR THE YEAR EJVDED 31 hL4RCH 2023 AL'cviinfÉng policies Chfirily inlorinRtioii Clirist the SiE viour Moikgstic Trusl ts & Irusi incorrATrfJ¢¢(E in b.'nEland and W1t les. Tlic re¥141 DtriLe i%.1. Monastery, CiilljllElye L41ne, LtaivlLy Doivn, Crnwley. tiH10 4LH. l.ft £onveDtio 'rii¢ finaiicial sraiem¢nis liavc prepaiEd iii aLt()ixknnL¥ iviih tli¢ ttu51's tru51 deed, Ihe Ch#rilie% Ath 2U I l aiid 'ALC(>uIEling Ilcprting by Chai'ilies.. gtsiemeiil lif Il¢LI)min¢iided Pracrice applicable 10 LhrilL&S PT¢PEtring thcir accouiils ijj accor11an iyilh Ihe biManc¢al Ileporting Staiidaifj applicRble in IIK IJK and Ilewiblic of Irc1[ d IfRS 1021 Icllediv¢ l Jaiiuaiy 2Q191" Flie rrust is a Public Beiwlit Cntily £lS defin¢d by PRS 102. ie triist htL8 rakell advanlage of Ihe pn)visioii% in the SORP tor Ch.111¢5 applying Flls 102 Updaie Btslleiin l i1 I prcpair a Sllllcmenl ol'cash Flows. 'lThe fiiiancial sratetlltllls Lire p1'ere in sierlirt& ivhich 15 fiinctio>ial CL)rrency of Ihe lS1. Mi)iirlBry aiThDunts iji the fiiiunGial 51aleineii15 arc roundLd lo the iiea¥csl £. Thc lrnsl¢¢s re respoiisible fai. keepiJi2 l1¢lent 2ttOUThlinR retords Ilial di%close ivith i0&b]e accuracy al aiiy time t1 linantj£il tx)siliOn of Ihe iw%l aiid ¢nable Ih¢in lo cnsliir I11 ilie finlinLiuI %lalciTtcnls comply iviih Ilie (.'liai'ili¢% Act 2011. lh¢ Cliarily IALLvuTr15 and RLpoJl5l Reguliiliull5 2008 and iht piDvisioThs ol. the Iru%i deed. -l-h¢y gre also re5rxinsibl¢ for 5af¢guaidiiig ilic assets ofiiic trust and lirncc for laktiig hle Eieps tor ilie preveiirion )d delec¢Éon of r[aL aiid liCr ir[L¥lrItlLs. 1.2 Coin% eoll£er Al Ihe lime ol. xppriivinx t1 fiTsancial siat¢incttts, thc ltt]slees hllve u re450Dablc cxpccl&lioii Ihal Ihe Irusi adeq112L ie rLsoutLcE to conliiiuc iii i)pEralionTr£ l exi.Eleiice fDr Ihtt f4)retble fuiwe. Thiis the IrLl%l¢ ixinlinU¢ to Trdopt Ilic going coiiccm Sts ot'accoiinling iii pitpurin¥ IIK fit]ai)ci3151atcmciEI5. .3 Charitable fu5 Unrc51r(clcd I'L)nd5 are availabk for u%e ai Ihe disercrion of the Iruet& in fiirflierdiice of thcii'cjiai'ilable ObjcLti5. Restricied yte %iihj¢LI to specific conditioiis by donors lg ici htiiv Iliry Inay bc ¢. The purwses uiid uses ol. Ihe re8lricied funds ttre %¢1 ciiil in Ik Iiulcs ID IhL findn£iiil s141enienL4. 1.4 liicome Ittcoille is eLgi11Sed ivhen Ilie iyust 15 l¢gally¢iittilcd lo il and il 1.% i)riibuble Ihai income ivill be reL¢iv¢d. 1.5 Expenditiire l.iabilitie¥ artt IECOElliStd as cxijertdiiure Iliere 15 a legal oi. cotril¢Ll¥t uhli8alioii willmitting Ihe charity lo thai cxpciiditsir. it is probable Ilial a Ira115fcT olc£ollomic InefIts ivill l]e requiird iii settlcment the <iiThtriinl of the obligaiiuii in¢a%ured reliabl),. Cxpcnditure is accounled fi)r accruic15 basis ha5 bEeJi classifjed uiidei. heiidings thal aggr¢¥ait &ll u)%1 rclalcd lo calcgory,. WheiE U)45 iannot diKYily &llribul¥d tg partlcular licadings th¢), havr ullocated to activitics on a basis con8isitttti ivitli lh¢ iisc of rc50iirces. page 6
CHRIST THE SAVIOUR MONASTIC TRUST NOTES TO THE FllgANCIAL STATEMENTS (CONTINUCI D) FOR THE YEAR ENDED 31 MARCH 2023 Accountivg policie5 (ContilleIl 1.6 TAngible fixed asspts Tailgible liNcd 1£ Ssels are inili4lly nieasured Qt cost sJbse4u¢Dily nicasur¢d al Lo%1 or valuaiioji, fttt ol. depreLiiIIioii aiid any inipairmeiii Iv%ses. DCp1ClaI1()1l t8 LOglsed so as 10 ivrile olT the or valiiatioii ol. &sseis Ir55 Ihcir re5idu41 valiie% over tlieir usefiil live¥ tsii the folh)ii'ing knsis.. l."ixtures •id filliD& Compui¢r. Libr£ir)' 33% OTI cost 33% 011 cosl 33 /oOli ¢osI 1.7 ViK¢d a55et inve5tmenls trilicd a5sel inve%tiiieiils ijiiiially mesuiEd 81 Iransuction pricL' excludin8 h7iisaclion cosls, are subseqiiently Ineasuird fai¥ vllliie al earli rewrting dat¢. Cli¢1¥¢& iii fair valiie (ire rec(Ignised in iiet it)comel{expenditui¢l for the ycai.. TranhabllOlI costs ale CXPLnsed as in¢urra. 1.8 CAsh ¢Ash equivalents Cas11 uiid cash ¢qiliVdkiit% incliidc rash in hRn(l. d¢p¢)%il% held at call ivith baiik5. Othcr short-leim liiiuid iiivcAmeThis willi uriLrj[ial IniiliirÈlies uf Iliree Inonlhs or Icss, and QV¢Tdr)ft5. Baiik i)verdrnfts arc shoivn ivtihin iKii-roiviiigs i 1.9 Tfixktio '[1 II'Lt51 is ex¢mpl rll) l&N on il.8 Lhllrilable acliviiics. 1.10 GovernRnce tDSts GVeanC Losis Colnpri all cosis iul# iii the govcrnance L)r ¢lic rrusi. These Lu51% iiicludc costs lating to thc 1CpEn(nt cx&miiialion tugeiher ivitli overheic ds. .11 Charitable etIvitIeS Chariible aciiviries tiielude Ilie direL'I of the activities and i¥lalrd dcptrcialion iTrftangible tixed assets, CYltleAI ateollntltsg éstiniales and jwdgemellt8 In Ik applicati} ot tlic trusi's acc#unliIi8 poli¢i¢& the Iriislees &rc rcqiiired Iv make judgeinents. e%liinaics ancl as%uiiipliotl% dbDUt tlic carrying amoiinl of a55Yts aiid l%abiliiie% Ihal 01¢ not rea(lily dppttrellr IroThi oihey &()urces. The e51iiDal¢s and associaicd sUMptI1}It5 ar¢ kn5cd on lii5101'iLal exporience and other factors Ili&l are c(insidciEd lo b¢ rtlcvual. Acthal rcsulis tTray differ fr(im these csiimal¢8. The esltTnyles uJbderlyiiJg assiimpiions are r¢vi¢ivcd on an oiigoing bic SI Revisi(>ns to accouDtuig eslirna1¢5 ar¢ reLogiuged in IIK tKriod in I11¢17 lh¢ ¢sliinale ]% revtsod ivhere the vIsion atlecls oiily that rxriud, or in IIiE krjllod of Ihe revision a¢]d fiiturL' periods ivheiE Ili¢ Y1SoI1 Ic ftccls Ixilh Lutretll 211d fuiuit pei'iods. Key sourees of estimxtioii uDcei'twinty IIiv¢5tiDents ValiiotioTr of iiiv¢51nicTrts al Inw'kei vdliie. based oik ealculdEiin by thc invesirneni fil npaiiagcr. Th¢ inveslinents held &ll shares lisied oil a rec()¥nised stock exchangc &nd havr ali ca5ily ideiilifiohlt markct value. pagc 7
CHRIST THE SAVIOUR MONASTIC TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTWUED) FOR THE YEAR ENDED 31 MARCH 2023 DvnAtions aiid legxci¢5 Unrt5trted funds Restyicltd funds Total Uni'estricled Ilds RtrIcted fullds Total 2023 2023 2023 2022 2022 2022 t)OWklions ¥ift .700 2,5no 4,200 928 138 1.066 CharitHbl¢ actLVities ClIAvitabl trading 2023 Chritablt 2012 Cliriiable IrAdin 1,228 1.336 Investnitiits Utires11'icted Restrietsd fund5 Total Unre5tricled Restrleted ftsnds Tutal 2023 2023 2023 2022 ZOZ2 2022 Incoine from listed 31.27Y 38.274) 39,172 39,172 lilie1E rcceivablc 66 38.279 66 38,345 39,180 39,183 Raising funds Unrestricted Unrestficiecl fuibd$ 202J 2022 Tradi costs 619 IIiY£51ineiit IllcUla¥¥lll¢llt 9.480 10,559 9,48Q page 8
CHRIST THE SAVIOURMONASTIC TRUST IYOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Cliai'itable aetivities ClIAritAbl tttvities Chjiritable 202J 2022 Compiiiei. & priiilitjg LD51s Siibscripl&ons SuThdrie% Wvb%ii¢ costs Confcrciice% Suppoii fLir housc ofpiasl' Jlulits & edlieI0l suppurt Adminisirfllion L()s1 Trdvellijjg 3.R57 359 2.135 312 20 777 66 5,J61 11.424 128 1.,299 11,673 14,232 Sljarc olgovernanlr sts I¢ nol¢ 81 3,699 3,670 15,372 17,9U2 AlYsiS by lund uliresrried lim(ts Resiricred tun(Is 14,595 777 17,624 278 15,372 17.()02 Supporl costs sup[1 costs Gover#anct costs 2023 2022 Bank chaige8 Ilrnt liidcp¢ndcnt oxaminalbon fees 35 2,500 35 2.500 42 2.500 3,699 3.699 3.670 A1lysed bcThvecn Charitable xiiviiie 3.6Y9 3.699 3,67U Goycrnanw cosis sncludcs payincnls ro t Indepettdcni Exk)min¢15 of £1.164 {2022- £1,128) r()r the independTrI
CHRIST THE SAVIOUR MONASTIC TRUST NOTES TO THE FINANCIAL STATEMENTS (cowfiNUED) FOR THE YE4R ENDED 31 MARCH 2023 Trustee5 Non¢ ot t[ Iruslte.8 lor ttny conncclEd iyiih IlieEnl rweivcd remiinerulion or bEiicfits frotn Ilie Il'u duriiiE Ihe y&v. AO ENJployees 'rh¢ ovci'age monthly iiumL*iiTrf ¢TnpIoy¢c5 duriiig the yettr ivhs.. 2023 2022 Numbti. Nujnbei. -lota There ivere no L4nployees ivhose annval remulraTiOjI Ivas morr ihaii £60.UOO. Net EAinslllosse51 OM investments Unrestricted Unrestrltt&l lut)d$ fund 2023 2022 Rcvaluatinn al'inve.4lmeJis C,'iinlllo%EI %Hle ol'illvesrinents 74,684 129.3121 {139,6171 91,145 12 Txllgiblt fjxed a5scts ComiiiltrS Ubr4ry 'rotAI C05t At l Api'il 2022 17,013 129.561 4,624 AI 31 MLh 2023 17,U13 129.561 4,624 DepreL'latioll inipairEntnt At l Apj'il 2022 129,561 4,624 At 31 March 2023 L7,013 129.561 4,624 C?rryiiig amouiit At 31 Marcb 2023 Ai 31 Mai'cli 2022 pug¢ 10
CHRIST THE SAVIOUR MONASTIC TRUST NOTEI S TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EJVDED 31 MARCH 2023 J3 Fixed asset investincnts Listed Cost oy VThIAtlo At l Api.1 2022 Addilioii Vuluution chaiiges Disposals 1,481,192 127.822 1110,31WI 1165,9761 At 31 March 2023 1.332.734 Carrying Ai 31 M¥¥Lli 2023 1.332,734 At 31 Marcli 2022 1,481,192 Histoi'ical e051 AL 31 Dtttiiihcr 2U23.. £866,107 Ai 31 DeLYmhBr 2V22.. £833,436 14reivitt Dolphin aci invcsttnenl advi.KYYs 10 th¢ triisi. The inve51inciils air held to provide li1veettt rcmm and Iv gcncralL funds lu £iipport Clia¥itbe LILlivilie%. pud5 have beci) iiivcsied iii x mixed FX)ItfrJlio ofiJK li1.1177CTrl qii()led on TIIL Li)nikin Stock lixchilnge. Ar 31 Marcli 2023 inv¢%lm¢nt5 li¢ld al 5%vr InurL' ol'ilie maTket valuc, comprisyd.. JP MorgaiiArner Il. Ord GBPO.05.. £125,670 Columbi* I'lIT¢adnccdlc IUKI ICVC VCT resrx)iisible UK Equity 2 Dl.%.. £l1.7278 Laiv l)eheiiiure Lord Ord GBPO.0S.. £101,252 Edthi¥ Inv Mgm¢ Rp dnd Siisi Eurp Eqiy A.. £104,U23 Scoi Mort Inv Tsi Otd (tBPO.05-. £88,116 Asht¢8d GIDUO OLXI CJBPO.10. 168,420 Therc iveiy iii) iiiveslment assets li¢ld oiitsi(k the UK. 14 Debtors 2023 2022 Amoknnts falling due iyithin ot yeHr'. Otli¢i'd¢btor5 1,148 15 Credlttrr$'. falling iyitliin one yexr 2023 2022 33 8.559 79 11,630 Accrual% 8.5Y2 Pa8r 11
CHRIST THE SAVIOUR MONASTIC TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YE4R ENDED 31 MARCH 2023 16 Restricted fund5 The iIlCOEITrE liilltL% of Ilic charily iiioliidc r¢%lricicd comprising th¢ tolloiviii8 uneXnded balan¢e% vl-daiiGlioiis wid ¥i'aiits held ()D Itiisl lor speLitic purtKL%¢5'. M(wement fuDds Relu1[s c¥ptadwi moveét iti funds liifomlttk RcsoiirL Bnlinie xt res0¥¢¢5 e1]lled 31 IN#Ycli 2023 l 2021 l AJbi4111121 779 25 654 2,566 1777} 2,443 13fl 804 141 12781 667 2.566 17771 2,456 rir Chli5- This fnd provida% bWPPOii fbr th¢ House tsfpraior in Scotland. Ruu ['. This fund providcs siipwrt foi ti Coinin&llet lif RtligioiL 17 Amalysis of net 4$$ef5 betweeij fllnd5 Unr¢5fricted funds 2023 Restricted funds Total Unrestrlttcd funds Restrirted funils 2022 Totgl 2013 2023 2022 2022 l.-und b*lani¢s at 31 Maiih 2023 are repre5¢[tI1 by.. Inv¢sITlI<S ,332,714 .332,734 66,712 1,481.192 38,283 1.4¥1,192 38.950 2,456 667 1,396,990 2.456 1,399,446 ,519.475 667 1.520,142 18 Related PArty triJ15netions LI)1V0d Limil¢d provides 01¢¢ f&Lililics i<) the chariiy. '11 Iru%iees of lh¢ cjiai'ily yF¢ also direcloix IL)gedici' ii'iih ih¢is ol'Lobsi¥i)od L£mil¢d. During IIK year iiiit paymen15 of £2.50O12022 - £2,500) il'ere m#de to Lobsiyood Liniiled. p&ge 12