OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

PDF
Markdown

2022-03-31-accounts

			Page
Reference and administrative		details ofthe Fund, its Trustees and advisers
Trustees' report			2-6
Independent examiner's report			7-8
Statement offinancial	activities
Balance sheet			10
Notes to the financial	statements		11-20

REFERENCE AND	ADMINISTRATIVE	ADMINISTRATIVE	ADMINISTRATIVE	DETAILS OF THE FUND, ITSTRUSTEES AND ADVISERS	DETAILS OF THE FUND, ITSTRUSTEES AND ADVISERS
	FOR THE			YEAR ENDED 31 MARCH 2022
Trustees	N 80Back
	Mrs J Rivett
	The Reverend		Canon A Platten
	The Very Reverend				DrJ B Hedges (resigned 31 May 2022)
	A R Kefford	(resigned 31 October 2021)
Charity registered
number	294671
Principal office	The Chapter	Office
	65The Close
	Norwich
	Norfolk
	NR14DH
Accountants	MA Partners	Audit			LLP
	Chartered Accountants
	7The Close
	Norwich
	Norfolk
	NR1 4DJ
Bankers	Barclays Bank		Pic
	3StJames Court
	Whitefriars
	Norwich
	Norfolk
	NR3 1RJ
Financial Advisers	Barratt &Cooke Limited
	5 Opie Street
	Norwich
	Norfolk
	NR1 3DW
Clerk to the Trustees	F M van Till

				Unrestricted	Restricted	Endowment	Total	Total
				funds	funds	funds	funds	funds
			Note	2022 6	2022	2022 6	2022	2021 f
Income and
endowments		from:
Donations and
legacies				5,000	10,000	3,560	18,560	404,094
Investments				146,190			146,190	105,328
Other income						340	340	378
Total income		and
endowments				151,190	10,000	3,900	165,090	509,800
Expenditure	on:
Charitable activities			7	139,778	10,845		150,623	150,413
Total expenditure				139,778	10,845		150,623	150,413
Net gains on
investments						386,120	386,120	345,670
Net movement funds		in		11,412	(845)	390,020	400,587	705,057
Reconciliation		of
funds:
Total funds brought
fonNal'd				359,139	25,636	3,409,880	3,794,655	3,089,598
Net movement		in
funds				11,412	(845)	390,020	400,587	705,057
			13	370,551	24,791	3,799,900	4,195,242	3,794,655

			BALANCE SHEET	BALANCE SHEET
			AS AT 31 MARCH 2022
					2022
			Note		5
Fixed assets
Investments			10		3,721,312		3,330,431
					3,721,312		3,330,431
Current assets
Debtors				340		378
Cash at bank and		in hand		474,790		465,046
				475,130		465,424
Creditors: amounts		falling due within one
year			12	(1,200)		(1,200)
Net current	assets				473,930		464,224
Total assets	less	current liabilities			4,195,242		3,794,655
Total net assets					4,195,242		3,794,655
Charity funds
Endowment	funds		13		3,799,900		3,409,880
Restricted funds			13		24,791		25,636
Unrestricted	funds		13		370,551		359,139
Total funds					4,195,242		3,794,655

	Unrestricted	Restricted	Endowment	Total	Total
	funds	funds	funds	funds	funds
	2022f	2022 6	2022	2022	2021f
Donations		10,000	3,560	13,560	404,094
Grants	5,000			5,000
	5,000	10,000	3,560	16,560	404,094
Total 2021	385,978	10,000	8,116	404,094

		Unrestricted	Total	Total
		funds	funds	funds
		2022	2022 6	2021f
Investment	income	146,113	146,113	105,303
Interest received		77	77	25
		146,190	146,190	105,328

			Endowment	Total	Total
			funds	funds	funds
			2022	2022	2021
			6	6	8
Income	tax	recoverable	340	340	378

		Grants to	Total	Total
		Individuals	funds	funds
		2022 6	2022f	2021f
Scholarships	and bursaries	148,775	148,775	148,501
Total 2021		148,601	148,601

		Grant
		funding of	Support	Total	Total
		activities	costs	funds	funds
		2022	2022	2022	2021
		6	6	6	6
Total	2022	148,775	1,848	150,623	150,413
Total	2021	148,601	1,812	150,413

		Total	Total
		funds	funds
		2022f	2021 6
Custody management		648	612
Governance	costs	1,200	1,200
		1,848	1,812

	Listed
	investments
Cost or valuation
At 1 Apdl 2021	3,330,431
Additions	601,416
Disposals	(574,858)
Revaluations	364,323
At 31 March 2022	3,721,312
Net book value
At 31 March 2022	3,721,312
At 31March 2021	3,330,431

	2022 6	2021f
Due within one year
Other debtors	340	378
	340	378

		2022 6	2021f
Other	creditors	1,200	1,200

Statement o	ffunds - cur	rent year
						Balance at
		Balance at 1			Gains/	31 March
		April 2021 6	Income E	Expenditure f	(Losses) 6	2022
Unrestricted	funds
General Fund		359,139	151,190	(139,778)		370,551
Endowment	funds
Endowment	Fund	3,409,880	3,900		386,120	3,799,900
Restricted funds
MacGregor Award		20,708		(2,734)		17,974
Bursary Fund		4,928	10,000	(8,111)		6,817
		25,636	10,000	(10,845)		24,791
Total offunds		3,794,655	165,090	(150,623)	386,120	4,195,242

						Balance at
		Balance at			Gains/	31March
		1April 2020	Income f	Expenditure f	(Losses)	2021 f
Unrestricted	funds
General Fund		8,750	491,306	(140,917)		359,139
Endowment	funds
Endowment	Fund	3,055,716	8,494		345,670	3,409,880
Restricted funds
MacGregor Award		22,741		(2,033)		20,708
Bursary Fund		2,391	10,000	(7,463)		4,928
		25,132	10,000	(9,496)		25,636
Total offunds		3,089,598	509,800	(150,413)	345,670	3,794,655

Summary	offunds - cur	rent year
						Balance at
		Balance at 1			Gains/	31 March
		April 2021	Income	Expenditure	(Losses)	2022
			6	6	6
General funds		359,139	151,190	(139,778)		370,551
Endowment	funds	3,409,880	3,900		386,120	3,799,900
Restricted	funds	25,636	10,000	(10,845)		24,791
		3,794,655	165,090	(150,623)	386,120	4,195„242

						Balance at
		Balance at			Gains/	31March
		1April 2020	Income	Expendituref	(Losses)	2021f
General funds		8,750	491,306	(140,917)		359,139
Endowment	funds	3,055,716	8,494		345,670	3,409,880
Restricted	funds	25,132	10,000	(9,496)		25,636
		3,089,598	509,800	(150,413)	345,670	3,794,655

Analysis ofnet assets between fund	s - current year
	Unrestricted	Restricted	Endowment	Total
	funds	funds	funds	funds
	2022	2022	2022	2022
	E	E		E
Fixed asset investments			3,721,312	3,721,312
Current assets	371,751	24,791	78,588	475,130
Creditors due within one year	(1,200)			(1,200)
Total	370,551	24,791	3,799,900	4,195,242

Analysis ofnet assets between fund	s - prior year
	Unrestricted	Restricted	Endowment	Total
	funds	funds	funds	funds
	2021 8	2021	2021 f	2021 f
Fixed asset investments			3,330,431	3,330,431
Current assets	360,339	25,636	79,449	465,424
Creditors due within one year	(1,200)			(1,200)
Tl	359,139	25,636	3,409,880	3,794,655