THE COMMUMTh THE PRESENTATION TRUST REPORT AND FINAlAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 Chflty Y•9i•tr&tlM numb•r. 297288
THE COMMUMTY OF THE PRESENTATION TRUST REPORT AND STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 Connts Pag• Chanty Reference and Ath"nistr8b"ve Delails Truitees. Annual Rewt Independenl Examine¢s Report statenI of Finantsal Acbwb"•s Balancè Sheet Notes to the Fiancial Slat•nnts 8-14
THE COMMUNITY OF THE PRESENTATION TRUST REFERENCE AND ADMINISTRATIVE DETAILS Charlty r¢g1SlI0n nunknr 297268 Trusts•$ Reverend Canon N Ihbods {Chairmanl Mr G H Patson$ r¥SUrer) Mrs A P•ntin {Se(xetary} Mr R E Finlinson MBE Mrs J S U•%w'n Pfin¢ip•l Addm• PO Box 933 Cani•rbJry K•nt CT19AN Ind•p•nd•nt Exambn•r M FCA Azets Audit 5Pn Fbor Ashlord ConwThircial Quart•r 1 Dover Plac• AshfNd K•nt TN23 1 FB 84nk•rn Ba•y8 Pk e6 Hgh Street Ashlor K•rtt. TN24 8TL Inv•skn•nt man•g•f CCU Inv•strr*nt Managerront ts'nit•d 85 Queen Vithria Stregi London EC4V 4ET
THE COMMUNITY C THE PRESENfATION TRUST TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 310ECEMBER 2020 Th¥ Trustees wesent their report and ancIal stalements of Ihe chanty for thè year ended 31 December 2019. Th? trustees have adopted the PfOMSK)ns ol the St31emenl of Recoffrfrnded Practs'ce ISORPI 'Accounting and Reporting by Charities. IFRS 1021 in preparin9 Ih¢ annual ¥eFQrt and finartial staternnts of Ih8 tharity. The financial st8t•mnts have begn prepared in accordan Ihe acUntij p)lioes set out in notss to the accounts and ¢ompty with Ihe chanty's goveming docurrÈnt. the Charities Acl 2011 and Accounting and Reporting by Chanties.. Statement ol Reconwmended Pract applrable lo charitss preparin9 thoir accounls in accordance vAlh thg Financial Reporting Stanijard apF4icabl• in th¢ UK puiAsshed on 16 Juty 2014 as #Md$ ty Bulletin 1. TrvJtses of the charity The Iru3tses vkno hav• samd (bJring th• year sKKe the ye¥ end a$ fdlovrt.. Rev Canon N (chainr) G H Parsofis (Tr•asurw) Mr5 A Pentin (sectary} Mr R e Finlin$ofi MBE Mrs J S LIeIlIn Obj•¢ti¥ and a¢tlvlll•• The object or th• ehanty Is th• fvrtherance of suth charitabkn purpo$•$ not ino)nsi3tent wth th• ¢kntn'n•i ind prin¢ipl•$ of tr? Churth ol England as the mmbers lof I trn b•ing of th• Comunity shall select To mainl8in an¢J preserve the 8uiial Gnjund., Relieving persons vtho ar• $k, C¢val•Son1. disal)led, handicaFved or infirm by prov9 or paying for it•m5, servic•s and laalitK4s ¢at¢ulaied lo aleviale the wjfferiro or as$isi th• r1¥¥ry of such r$On8', lrt furthwin9 Oth•r ¢h•rit•t4• pJws not incoMisl•nt ¥Mth th• docln'n•1 OfKI p.n•S of tho Church of En9l•nd W+h preference for fvrthering th• 1louS and oth•r ¢ho1rfobl• 4yk of thai Chur(. Publ1¢ b•n•flt ststsm•nt The Irusltres confim that thèy h8v• rfrr to th• guldance contslned in th• Charity Comnwsiion's genernl quld•nc8 on public b•n•ft vth•n r•w•%4ing th Tru$Y$ Ind oty'e('ves and in planning futur• 8elMti•$ A¢hl•v•nnts •nd p•rfOrnnc• Jring the year •re abl• to mak• donots"¢yis to 60 12019.. 461 orgaThisations tri the y•af. Applicabons frorn org8nisgtions are ¢on$tr•¢j at Ihe quarterfy Tnjstee rreb"nos and of our support a requested from •a¢h organisations. Our invejlment p)rtfola, is our main sourc• of Incom. r•tymod an unrea115ed gain of £131.014 12019.. gain E302.2021 Th• p•rfoftnan¢¢ oleath inveslrrt was conswjernd ty th¢ Tru$tMs 1¥)9 the year. Financial r•vi•w Ilncluding I•••Th poly) Investmènt inconw lot•lling £70,e6412019.' £70,775) was r•c•w•d during th• y•ar. Chantsbl• don4bons totalhng £89.1KIO12019". £82.(0) •rn mgd• to fjo (2019.. 461 oryanlsatnS in the year. Othar costs totalling £1,89012019." £1.5591 %%tre inald resuln9 in a nel deficil for the yeaf of £22712019.. surpluj £7,218). Th• surplus after unf•alisèd gain$ w•$ £130.78712019.' surplus £309,418). In 8c¢ordane• %Mth th• Chonty com$510 widance. the Trusts rev on a wlor bow the Ve1 of iThcom8 reserves that rt considers appropriate. At 31 DeCemr 2020. the Iwstee3 consKler N apprOate to hold no fr•• raSeeS and hav• dtemèd all fvnds. lh¢ excepbon of Ihe pemmnent fund, 4$ ewated fvnd$. The d&sonated reserves at 31 Dec•mb•r 2020 amwnted to £1,%2,85912019". £1.832.0721. Freehohj land coffprising the Burial Ground vested in the Offi¢¢al CustOdn for Chath"es and is ¥lBted al nominal V8lu• agfted at 1 J•nuary 1985. Plans forfuture periods Th¥ iNste95 are sabsfied thal the InVestnts sl(alew 4¢Jpted ill enatA• them to contmue to make dona"ons vthich fu1 theircharitable otpcts in the fulure.
THE COMMuMfi OF THE PRESENTATION TRUST TRUSTEES ANNUAL AEPORT FOR THE YEAR ENDED 31 DECEM8ER 2020 COVID-19 And going concern The charity genefates f¢Jnds from rts At p)t1folio and dDnatss c35h available in its bank arUnt every quarter. COVID-19 will only irwd the Chanty from the p)int of of reduung trf)Ih Mrdiate income and the valve of the i$tments thenL8elv8s. The ¢harrty has no formal conrritmtrnts a5 re9ards ts donaln$,. the bK>Jest of COVI 19 wll redtsced income to SUPF<)rt ourchanbe3. Struc1•. gowmne• and m•n•9•rn Th• ¢h8rity. vknKh ij rewstered %th the Chaity ComnI undar nurytsr 279268, 15 estat4kshod undw o S¢h$me daled 28 March 1985. Th• boty gf Iho Trust $ho11 ¢¢fjsv4t vknen ¢oryWete of 7 conFetent pefsons sh#ll MITnant memtrs ol the Church ol England Ing four NorrinatNe Trusiees and three Co-operab"v8 Iru$tees a appointed at a s41 eonvgngd m8•bng 8t %thich 21 days, no" rw¥l t¢ gNen and nwsl o)nstst of at knalt 2 opwrnt"¥e twslees. Under a Scheme establis ty th• Charity C<mni$5ioner5 on 28 Marth 1985. th8 wop8ttr an¢J inveslments lomerty administered as assets ol the ConThnty artd th¢ Presentabon ware, other than the sum of £8.000 in cash, to be admin¢st•r•¢J 0$ th• prop•ty of th Chanty. Pennan•nt ?ndownnt InvMl•d on a total rntthi basli The ch8nty has been granied the ift¥e$tm¢nt p0r of lotsl rntum Lry the Chanty on 28 Marth 1985 This polr p8mits the tru$t•93 to Ir5¥9St perrnanentty endoed funds to maxinJs• total r•lurn ond thgrefof8 to apply an apwopriatg porbon ol Ihe unaWied lotal retum to incom&. Th• lotal turn rernNins invested as part ol th• wmian¢nt endowmwnt unlil th81 p0r li ¢x•rcise(l en exercised rt alk)vA the tru$t••i to an appfr[le port¢on ol tha napled total return lo inconKI eaol ytsar. InSm•fi ai• showi at value. Oetails ol in¥eslrrnts •r• ¢ortsined in Nole 8 to th8s• accounts. The trustees conder thal tho unrealis•d •l•m•nt of tnwstsn•nts, ar• anId at by uF4rfbng th• cost to mathet v•lu•. do•$ nol fom of lh• fvnds avilat4e lorthantatrAe th'stiibution. Tru8t••i' r••ponslblllll• The trustees are responSie for wop•mg th• TMsi••s' AmnuAI R•rrf •nd the finanoal stat•nnts in a¢¢ordan¢e vilh apF4icabl• law and Unrt•d Kingdtyn Aon'n9 Slandards (Unrted ngd¢)M G•n•rally Accwled Accounting Practie•l. The law applicabkfj lo ch8rib8s in enflaftd & W8L$ ro4uiTrs the trustees to prnpar¥ fin8nc481 $tatements lor each fin8n¢io1 yar vkni¢h give a true and fair wew ol th• $tal• ol affairs of IM ¢h¥rity and of the incoming r•sourc•$ and apFSicai'on of r•Jour¢•s of Ih• tharity for that period. In Fffepanng the fin8n¢i•l staternents. the trustees are r•quir¢d Be¢1 sulla• aecounts"n9 p)1ts•$ ond tln appty Ihem consistentty", obsorve th• m8thod$ and prirt¢ipl¢$ in the Chants'es SORP 2015 IFRS 1021.. k• judg8m•nt$ and $timot¢$ Ihal are reasonatle and wudant.. $t8t• b%•lh8r appluW¢ ¥¢¢wntiTrJ slandards have boen fdlthd, subJ'•d lo ary malerial departurns disclosed and explained in Ihe fanual $lat•m•ftts'. prepare lh• finanual siaiornenls on the g)ing conc4m basis it is In•ppiopriale to wesum& that the charity wll contsnu• in wTrlbQn. The trustees are responsible for k••ping prwr a¢¢J)unbng CordS thal tthsclose ilh reagoThable ac£uracy al any timè the financial position of the charity and tsnabkn tham 10 •nsure that the financaal slatements coffqjty the Charilies Act 2011, Ihe Chaftty (Accounts and Rp)rtsl Regulab"ons 2008 and Ihe p¥O$10Th# of the tNst deed. Thty arn also responsibl• for 5afe9uardiTrg Ihe assels ol the chanty and h•nc• frr t•knng reasona8 steps for th• provonu'on and dots¢1ion ol fraud and other i1•n8. Ind•pend•nt •xamln•r On 7 Septtmbar 2020 Group Audit Servr£s Lffnrted. tra(fing as lki$ Kennety Audit Sefyices. thang•d it's name lo Azets Audit Semces Ltmrtsd. Th¥ narre they waclKe under rs Azels Avtht SNices and accordingty they have wgned th•ir r•port in th?ir new On behaw ofth• boa Reverend Canon N ts0d$. Tnj Dak..
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE COMMUNITY OF THE PRESENTATION
TRUST
FOR THE YEAR ENDED 31 OECEMBER 202D
I report to the trustees on nry exarrinabon oftho tttsjunts of thg dwrity forthe year ended 31 cmber 2020.
R•pon•lbblhlM and b••l• of rnport
As the Charity trustees of the Trust you are resFuisibb8 for th• 5X•Por#btyi of th• •¢cwnt8 accordance %%ith the
require1t$ of the Chaftth"•s Act 2011 1lh¢ k).
I raport in rèspect of my exarrinats.on of the Trusl's acCnts carried out urtdef 5ecbon 145 of the 2011 Act and in
carrying out ry exarr#natson I have follMt1 all the applicable Th"f•¢bon$ w¢n ty Ihe Charity Commission under sethon
14515llbl of the Act.
Indop•nd•nt •Mmin•rf• •tal•nnt
I hav• corry>lèt¢d ry ¥offlinobon. l nfirm that no maiial matters have o)me lo rry attentn in COnnln sMlh tht
exaff1natk giwng me cause to bek•wi trt mat•nd r•$pKi
a¢)untS rKorth •rn not k•pt ui r¥sP of1 Trusi as reWd ty 8•ction 130 ofthe Act., or
lh0 4ttounlS do not accord those r•cords', or
3. Ihe aCmts do nol ilh the applicabl& requireThnts concming the fom and cont•nl of aOnIS sel
out in the Charibes IAccovnts and Reports) R•guLqth)n$ 2(8 oth•r Ihon •ny requirement Ihat the 4CCOUllts
ve $ 'true and lair wevl thich is not a rmtler consKlered as part of an #)d•pand•nt 0X1a11On.
I hA¥• no o)ne•ms and h8v• ¢OfM a¢rou no ofvr matlern in connection ith the examination to vknich att•ntion $hould
be in Ihis rep)rt in Iwder lo enaljle a prop•r und8rstanth"n9 of •cc
THE COMMUNITY OF THE PRESENTATION TRUST STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 DECEMBER 2020 Unrestrict•d End¢Msrrnt fund5 lunds 2020 Totri 2019 Total Incom• and frthn: Investnnts 70.664 70,664 70,775 Total incom• and •ndrym)•nts 70.e64 70,864 70,775 Exp•ndltur• on: Chanl8bl• othiti•$ Other 69.OQ) 1.6 69,LM)O 1,890 62,000 1,559 Tot•1 •xp•nditurn 70.89) 70,890 63.559 N•t Ineom•l{•xwidityr•l and m0mnt In fund• l>rftn g•ln• on inv••lments Nel gainlllossl on inv•stmnts 12271 12271 7.216 131.014 131,014 302,202 N•t M0M•nI In fvnd• 130,787 130,787 309.418 R•concllbalon ol fund•: Total funds trt>U9hl forward 1,832,075 403,466 2,235,538 1,926.120 Totsi fund• rAfrl•d lon¥ard 1.962.859 403,488 2,388.325 2,235.538 All income and exwndthrn d•hv• from ¢onb'nuiNJ a¢*.$.
THE COMMUNifY OF THE PRESENTATION TRUST STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENOED 31 DECEMBER 2020 Unr¢•trICt Endty•nntnt ld3 fund• 2019 Totsi 2018 Tolal Incom• and •ndtym•nts from: InvestThnts 70,775 70,775 89,387 Totsl incoThi and •nd(Thnts 70.775 70,775 69.387 Exp•nditur• on: CharitAbl• othth"•$ Other 62.000 1,559 70,000 2,587 1,559 Total •MP•rtdltur• 63.559 63.559 72,587 N¢t l•xpondltyr•ylncom• 4nd monI in fund• b•for• qalns on Inv••lm•nl• N•t Ilossll9ain on ¥nw$trnnl$ 7,216 7,216 13.2001 302.202 302,202 118, 1291 N•t mmm•nt In fun 309.418 309,418 121,4191 R•¢onelllatSon ollynd•- Tolal funds brou foN4•rd 1.522,8S4 403,486 1,926,120 1.947.539 Tolal earrl•d forwm 1,832.072 403,4e6 2,235.538 1,928,120 l income and eXFenditure dwive frn conbnuing •clMtses.
ThE COMMUNITY OF THE PRESENTATION TRiK8T BALANCE SHEET AS AT 31 DECEMBER 2020 2020 2019 Fixed assets TAn9ible as$•ts Investments 2.329,154 2.198.140 2,329.155 2,198,141 Currnnt #ts Cosh al bank ond in hand 37.171 37,397 N•t 2.366,325 2,235,538 Ch•rlty Fund• Enonent fijnds Pomian8nl •nthrnnt Unostricted designaled funth 403.486 1,982,859 403,468 1,832,072 Total charity fund• 10 2,368,325 2,23S,538 Th• financial stalernnti Te apwoved and authorb•d for iuu• ty the Board on 17 M&r¢h 2021. Signed on t•h4W alth• t<Jwd ol Iru$l••$ G Parsons, Trust• Rov. Canon N IA¢45, Tru8ieo The noto1 on pa9•$ 810 14 fr*m part of th•w finanual slatem8nl•.
THE COMMUNITY OF THE PREsEATION TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 Summiry of significant a¢¢ounting 11¢••5 lal Gon•rnl information and b••i• (I prep•rntion The Communty ol the Presentatn Trust 1$ a rggislered thanty in the United Kingdom. address 01 th• registered office is given in the chanty inl0mmn on pago 1 of thos& fina181 slatements. The natur• of th• d)arty'¥ operabons and prinupal actiwties a the fvrtherare ol such charitabb? W0585 Tr01 incon515lenl with the doclrines and princyles of the Church of England a5 th? Merrth for the Ime being ol Ihe Coff¥nunity $hall ¥eknl. Th• tholity ¢tsnstfoJl•3 a Put4 benefil entity as defined ty FRS 11. Tho ffinancial $tst•nnls hav? been wepared in accordance Accounb"ng and A•p)"n9 by Charities.. Stalerrnt of Recommended Practth 9pFlabl• b ¢haiits•$ wparing Ihgir accounls in accordanc8 wlh th• FinancHI Repofling Standard applicabl& in Ihe UK and R•pubhc of Irvl8nd IFRS 1021 upaled Bullet¢n 1, lh• Financol R•p)rts"ng Standard SPle#b in Ihe Unil¢d kn'ngdom and ReFXbbJic of Ireland IFRS 1021, Iha ¢harrti&i Act 2011. and UK Generalty Apted Prac"ce as rt aF•es from 1 January 2015. The finanraAI stst•mints ar• w•parnd on 8 90ing 0)nrn b•ii$ under Ihe histo1 cost cOnntiOn, ndifi•d to include certain items al fair value. The financbal statemnts are pr•p8r•d in st•rfin9 1$ th• lunclional currency of the charity. The svJnifirAnt accounting pdsries api&d in th• pr•parnth"on ol th•$• fin8n¢i41 ¥lat¢ments are set out below. Th•s• poliuos have On ¢on¥ssnty apphed to 41 years presented unless olherv+ise $tal8d. {bl Fund• Unrestricted fvnds are avalat4e for use al thsuetion of th• trJsts•s in lurth•raw olth• g•nwl objectives of lh• ¢h•rity and h•v• not ¢J•signot•d tr Olh•rpuw$. 0•119nat•d funds ¢ompn'M unr•$triclgd fund¥ Ihat have been get aside ty the tnjslees kjr Partr purpos•i. The oim and use ol eath dejvwated fvnd is xl out wi th• notes to Ihe financial slatemtrnt8. End(lrni lund3 represent Ihose assets must be h•ld pemianenlfy ty tho chanty, pdftcipalty Iho$• a$$•l$ mentiond m th¢ Scheme a$"St Sawourfs Chapel Fund. Income ansing on the endofftnt funds can b• In accordance 1h the objects ol Ihe chanty aThJ is mcbJd•d $ unr•$th"et•d inoTh. Any ¢aptal gains or losses arising tsn tho invtrstsneni$ bm part gf the fvnd. Icl In¢om• rKo9nltk¥n All income is includ•d in th• Slai•mJni of Fin•n¢ial A(.0•$ ISOFAI vknen tharty is legalty enl.tlod to the income after any perfommnce condthns hav• bn ml, I 8Thnt ¢on n•$urd libfy and it is probable that the in¢ome receNed. Investment income is eamod thrtyJgh holding ass•ts for invaslffonl wrws¢s $u¢h a$ shares. It includes dividends and inler¢3t. Ithe rt Is nol practutAe to identfy investhnt management costs incurrnd wthin scheTh reasonabl8 accuracy the investrrnnl incon is nai of thè58 cog1$ 11 1$ ided vknen the arTr)wl can be meaSud fdiat4y Interesl incijrre 13 recolSe usirvJ the effectwe internsl mtrlhod and divid•nd income is recognised as th• charfty's rithllo pnwi 1$ e•814ish. {dl Exp•nd1r• r•cognlllon l expen¢'lwe is accounted kjr on an acCAlS ba%s and has bq•n d3sSrfd un¢Jer ho0th.ngs that a9Jrtsgate all to$ts relat•d to Ihe cegory ExFenditure 1$ recognised vknere the is a legal Of constructive olgatIOn to mak P8ymanls to third Parfits, it is prDbatA¢ thal the s¢Mkrrent Vill be rgquirpd and the anUnt of the obligation can be wasured rel. tt is calegonsed underthe lolh)vA"wJ headings". Expenditure on chanlable arJivtt$ indudes ¢haritatrJe donab"ons". and Other expend¥lure represents Ihose rt¢ms noi fallng into eaie90riS •tow. ITrecoverdtAe VAT is charged as an eNpense againsl Ihe ath"v¢¥ forth expenditur8 aros8.
THE COMMUNITY OF THE PRESE1ATIoN TRUST NOTES TO THE FINANCIAL sTATEm£Ts FOR TPE YEAR ENOED 31 DECEMBER 2020 Idl Exp•ndilur• r•cggnilion conttnu•d Chariable donats.ons payable io Ihird pth.es are wilhin Ihe tharrtat4e objectN•s. IAttero Unndit¥)ngl donations ore offèred. Ihis Is actnjed as soon as lh¢ re¢p¢nt is notifd of Ihe donation, as this gives ftse to a reasonable ¢xpeclation that the rnay"•nt wll [1ve the donab"on. Ihth•r• tbnations are CndIb031 r81ating to perfoman¢e then Iho donabon is onty accru6d wthert ony unfr1led CndItionS arn outsith of Ihe control of lh• ¢harity. lèl Tangibkn fix a•wl• Land and buildings cony"Is• a bJri•l 9Und r& vesled rn Iht Offiual Custodian for Charibes and is stated At nomnal value agreed at 1 January 1985 No valuation has been carritid oul in r¢$pect of the buriAI ground. •lthough if one V•we comF4•t•d it • c4ndered Ihe valuathon t¢ in ex$5 of trte bjok value. lfj In4•trMnf• InvestrTnts are recognis•d inibolty al their transathon valu is nomwlty th? tr4n8actDn price loss transacb.on ¢o$ts Subsequenty. they ar• m•aiur•d al fair value %Mlh thanys COgnised in 'n8t 99in$ I Ibssesl on in¥esbm•ni8' in the SOFA rf the 8har•s arn wblth traded or Iheir v•lue rAn otheTr%is• b• m•asured r•liably {91 TIX The chanty is an •x?mpt chanty wilhin Ihe maning o13thedule 3 of th• Chorili?$ Acl 2011 and ¢$ conBidered lo pass the tests set oul in 1 Sche¢Jl8 6 Finan¢• Aa 2010 and therlore rt meets the definrtion ol a chanta• coryany fi)r UK CO8th t•x Wip01. Ihl Golng conc•rn Th• fin•n¢ial stalemen¢s hav• b••ft Pared on • w'ng conc•m ba$ as the trustees t•li•v• that no material un¢ertainl¢es exist Th• tru$l••$ have cons¥J•red tho l•wl Of fvnds held and th• exptrcted lev•1 ol in¢on Ind xpendire lor 12 months from authonsiTrJ Ihese finanaal slaiemen13 The bUdted inetsrrn and expendilurn is suffiaenl ith th• l•v•l of r•ser¥•B for Ihe ¢arrty kn b8 abl• lo conbnJe as • goin9 ¢on¢•m. lil Judg•m•nts and k•y •our¢•• ol ••tlmAtlon Unc•Inty Accountsng •Slirnatg3 and judgements arn eontinu•ty evaluated and ar• b•s•d on historical exp•n•n¢e and other factors, induding expeelathon$ offutu evefts Ihat b8lv•d to be reasona• urtd•r tho ¢ircumslan¢o8, Nojudgenwnts or key in lh• of Ihe accounts. In¢omo Irom Inv•rtts 2020 2019 Dividend$- ¢quibe3 Interest- d•p)srts 70.552 112 70,570 205 70 775
THE COMMUNITY OF THE PRESENTATION TRUST NOTES TO TrIE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OECEMBER 2020 P•mun•nt •Thl¢)wmènt Fnv•st•d on a totsl r•tum ba The charity has been grant•d tho investment FIr ol total retuffl by the Chanty on 28 Marth 1985. This power mrti th• trusi883 to irNest peffnanently endo%ed lunds to ffAximo• totsl r¢lurn and Ibef0 to appty an apwopriate portion ol the unapplied tolal r•M to income. The UnapF4 total return remains invesl•d a$ part of the wmanent 0nd0vnt untsl that p(Wr is exercised. IAtsn •xercisgd it allow5 the thjstees to apY an apwopriate portion ofthe un8Fpl totsl lo inc¥J eath year. EndrMm•nt lor inv••th*nt Unappll•d Tot•1 R•trJm Total Endowmènt At 1 January 2020 Unaped total relurn 403.486 403.468 1.794,874 1,794.674 403.466 1.794.674 2,198,140 m0verrntS Dividend tUrn Gains 70.552 131.014 201,586 Un•Wi&d total rnlum •lkcal•d to {70,5521 N•t Th)wm•nt in IM y••r 131,014 Total 403,468 1,925.688 2.329.154 Oth•r Cost• 2020 2019 lftd•p•nd8nt •xarrin•l$ r•nwn•r8lion R•p8lrya Postage and statsonery 1.236 185 469 1,200 359 10
THE COMMUNITY OF THE PRESENTAnoN TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2020 Analy41s of eharllabl• donatlons 2020 2019 Dunatron$ to instiiulion¥ 69,000 62.0(KJ R¢ipients of donabons to i18tstulis.. 2020 2019 AdvaTrlage Africa Ashlorf Food Bank BASRA Cant8rtJury Food 8•nk Christian hid CSWBum# DEC MozamWu•, Zimbatt, Malw. fAMstw Fund D•m•k8 Hgu$¢ Embra¢¢ th• Middle Eait Friends of the Poor in South Ind Konl MS Ther¥py Cent KRAN Rtfvgee SupF(Jrt Medair Mefw Ships Pathinsons UK Porthlight Slarfsh Malthi Thanet Food Bank The Cantertr¥Jry Unthlla C•ntre The Fffth Twst Th• GAP Propcl The Mithael Proje¢l • and Brook 1fid TnJ$t Olh•rs < £2,CK)O 2.)0 2.000 2.000 5.OC4) 2.000 2,frJO 3,0 2,000 2,CpJO 2,000 2,000 2,000 2,5¢)0 1.000 2,CKJO 2,000 1,000 3,000 2,CQO 2,000 2,000 2,000 2,000 2,000 2,000 2,000 31,OCQ 82,0C¥) 44.500 69,000 11
THE COMMUNITY OF THE PRESENTATION TRLLST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 Tntst•••' staff and key manag•m•nt p•rnonn•l rnnmrnmtion and ex$ Th• tru$t¢•$ ngilher received nor WaNed any ronn8tiOn ¢Juting the year12019'. £Nill. The trustees did Mt hav• any •XpenS reinthrned thjring the y•8r12019.. £Nil). No staff are eftwwd ty tho Trust. Tang5bl• fix•d ass•ts Land and lIding$ rr¢ll1$8 a bjrial ground is In Iho Official Custothan frJrCh•ribes and 1$ Stated at nominal value agreed at 1 January 1985. No valuation has been carried out in respect of the burial ground, athou9h il one W8fg mpleted 41 is con8Ktsr8d Iho ¥asn %wubJ be ex$5 ol the tr)ok v8lu8. Flx•d as••t Inv•stmèn Lijled VeStInts 2020 2019 V•luAllon At 1 January 2020 Ravaluaiion At 31 O•¢•mb•r 2020 2,198,140 1,895.938 131,014 302.202 2,329,154 2, 198.140 Hl•torlcl ¢o•t •• •131 O•c•mb•r 2020 1,099,948 1,099.946 Inv•slm•nts al fair IMIu• LI•.. 2020 2019 Equits"•i 2,329,154 2.198.140 The lair value of bgted inwslnwnts is tht•nrin•d ty rnf•Th)¢• kn tho nid4narkel value of one sharn In th• Fund Al th• Balon¢* Sh••t do1•. Holth'ng$ in inveslments at 31 Docenknr2020. •r• nYt•fto1 in valu• art.. CBF Inv8slm8nt Fund- Fund CBF Inveslmenl Fund- Propety Fund CBF Inv•$lm•nl FuntJ- Equty Inc4N Fd 1,992,800 240.385 96.169 2,329.154 1.864,392 252,960 80,788 2.196,140 12
THE COMMUMTY OF The PRESETrffATION TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2020 Fund r•concillallon Unrnstrieted funds - 2020 Balance •t 1 Jartuary 2020 Balane• 4t 31 0mber 2020 IneM Exp•ndiJr• G•Sn D•4ignated fund 1.832,072 70,e 170,8901 131.014 1,962,880 Unrn$trict•d funds- 2019 COMPARATIVE INFORMATION ONLY B•lane• •t 1 January 2019 Balanc• at 31 D•¢•mber 2019 Incom• Exp•ndlturn In• D•$i9nated fund 1,522,8S4 70.775 {63,5591 302,202 1,832,072 Endvm•nt lund•- 2020 B•lane• •1 31 rJèe•mb•r 2020 1 January 2020 Incom• Exp•ndlthsf• G•ln• Sl. Savlourd Chapfrl Fur#J 403 466 Endownnt funds - 201• COMPARATIVE INFORMATION ONLY Baknnce at 1 JInry 2019 Balan¢e at 31 D•e•mb•r 2019 In¢om• EXp•nd1 In• St. Saviours Chap•l Fund 403 466 Fund d••CrIOnI al De$vJnale(I fund Th• Try$tees have designated th¢ unresln.cted fvnds of the tharity to provide incon for futur8 distribution. The aim being to dIstritte income receFv•d during the yor as CharibIe distn"bubons. Thernlore, Ihe Truslees hav& deemed Ihat no free res8NeS a held at 31 Decembef 2020 and accorthngly all olher funds. other than the peman¢nt endtrfftnt fund are d8errd to be deswatsd for the wi'ncApal Charrtae activrty. bl EThdont lund The peffnarent endovM&nt fvnd repnsents the vahrt of those a$sets n*nbDned in Ihe Stheme as 'St Saviourfs Chapel Fun. Any apyeoation slg from Ihis sum ran t>e shovffj as part of unrestft¢ted lunds. 13
THE COMMUNITY OF THE PRESENTATION TrUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 DECEMBER 2020 10 AnalysSs of n•ta•s•ts b•len funds- 2020 Oesignatsd Endthvm•nt funds furtds Tot•1 Fixed assets Current as¥ets 1.925.888 37,171 403,466 2,329,154 37,171 Total 1.962.859 403,486 2,366.325 Anal1 of n•1 ••wts b•twn funth- 2019 COMPARATIVE INFORMATION ONLY D191 Endowm•nt fund• funds Total Fixed assets Curr•nt 088•t$ 1.794.675 37,397 403.466 2,198.141 37,397 Total 1,832,072 403,466 2,23S,538 11 R•lal•d party hn•actio Th•r• •r• no r•l¥l*d paty tr•n3actions during tho y••r12019'. E n. 14