REGISTERED CHARITY fquMBER.. 298111
Report of the TTUStees and
FinaneSal Stfttements for the Year Ended 31st Deeember 2021
for
St Johtt's TrusL Cblchester
Sheen Sticklalld
Chartered AccouutaDts
7 East Pallant
Cbi¢bester
West S
P019 ITR

SÉ Johll's Trus¢ Cbicbester
kkV,,I,Ulld
ecÈm
kwi
Èr
P*ge
Report of thè Trnstees
I to 4
Indep¢Ddent ExamlDer's Report
Statement of Financlal A¢tlvltleg
Ba14nce Sh¢et
Flotss to the Flnanclal Statements
8 to 15
Detslled Statement of FlnaD¢lal Actlvltlu
16

St John's T￿$6 Chichester
Report ol tbe"I rusie
lor theY£ar Ended 31st Dectmber 2011
The ttystees present their report witb th¢ financial ststemefjts of the charity forthe year ended 31st tkcember 2021, The
stees have adopted the provisions of Accounting and Rep)rtiDg by Charities.. Statement of Reurnmended Practic¢
applicable to cbarities preparing their accounts ID accordan￿ wrtb the Fillancith Rep)itillg Standard app]icable in the
UK and Republic of Irelalld (FRS 102) (effertive l January 2Q19).
0￿rEcTIVEs AI¥D ACTIVlllES
By tbe S¢he]ne of Jutse 2009 the Objects of the newty merged ¢barity 8Ye to fijrtber th¢ religious gnd other ¢haritable
work of the Church of England in the Parish&s aDd tbe extrd-parcKbial area".
broadening alld s￿￿inIng the WOTk of the ChU￿b of England within tbe City of Chichostsr;
workitw ill colljuD¢tion with all those cburcbes recognised as part of the Churches Together in
ChichebL¢T orgallisation OT atty suc£¢&8or organisolion at the disuetion of the tnLStecs' and
undertaking such tharilable WOTk within tho City of Chichest¢r &8 the I￿￿te¢S determitL¢ At their
discretion.
INVESTMENT POWERS AND RESTRlfl'lONS
The irtyesknenl powers of the ttwtees arc laid do￿1 by there beill8 no 3p¢¢ific powers eA)ntained within th¢
Scheme ofArraDg¢mtttt of2009 or th¢ Lked of AdDuD]￿on 2009.
ACHIF,VEMF.NT AND PERFORTrIAFICE
This charity has twc) woperty interests.
62 Swanfield Drive, Chicbester, is joinlly OWDcd with The PCC of th¢ parish of St Pancrn8 Bnd St John and in the
custodian TrusteesELiP of Chichester Diocesan Fund and Board of FTnan¢¢. llje promy is w¢ll ma1nraine￿ remains
undcr quinquennial iDSPCCtiQD and is in bro￿lY satisfactory Condition. The prowty if used Lq aeeommodation by
approved staff of the wish of S¢ Pancrary aTAd St job￿ If it is Dot U59d for purpose the propcty is let.
Th¢ St John's Hall in St John's Street Chichester is kept in Ae&8on8ble Tepair. The tswl¢es have m￿C the Hall available
lo Chichester Foodbank. They believe the It&se to the Foodbank ￿1Sfie$ the Obj¢¢r of using the resgurcc for the bcnefit
of the pcople of Chichester. GraDts have b¢¢n made lo the Foodbank to it￿1 h¢ating and to undertske other essential
work.
The continued to support the work of the chichest￿ Anna Cbaplaincy by fillLding its ChaplaiD. The trn$tees
have made grants lo St Wilfn"d's Church PCC to upgrade AV faciliti¢4 St Paul's Church PCC to ex¢end youth s¢rvi¢es
and the Chi¢hester HEART project to fimd 8n outreach worter workmg with hom¢less ￿0p]e. JM addition the Iwst¢es
have made a one-offgrJlli ￿ Pregnallry Options a local chority that support8 women Considering aknrtion.
PUBLIC BENEFIT
Thc Trusi¢G5 ¢onfirni that they have paid due rcsard to Part I Se¢Èion 4 of the Charsties Act 2011 arld the Charity
Conunission's guidance on public benefit in d￿ldIng what activities the Cbariry should und¢rtak¢. The guidallce makes
it clear that what CODStiWtes the public will vary dcpcndin8 on the ¢barity'S Pu￿% 8nd can include E*nefLciaries
def]ned by geographi￿ area. Any restiidioll must by ratiODal re￿￿able and justifiable. The Tr￿teeS are satisfied that
while the cbatity h&9 & narrow geA)8raphical restriction its objccts and activiti¢5 are sufficittttiy wide to constitute
public benefit in that th¢ 8raDts made are for the benefit of awide section of the public the geA)graphical area.
FINANCLAL REVIEW
Fina￿e1a] positio
The net tllovement in fiJD(L5 thi% year Alnounted to a SUTpIug of £137.785 (2020: £5.827) for the year. This consists of a
net gain on investments were £136,870 (2020: £6221) aDd gains on the revaluation of ffted L%sets w&8 £7,187 (2020..
£5,603). Total fund balatt￿8 arnount to £2.026.914 (2020: £1.889.129).

St Johll's Trus4 Chiehester
Report of the T￿￿ttr￿
for the Year EDded 31st December 2021
FINANCIAL REVIEW
b)vestment policy and objectives
The charity has an inV￿1[￿ent portfo]io WOTth £1.443273. The fund8 ate investe4] ill a well spread portftslio witb the
ailn of produciDg a ba]ÈD¢e between income receipts and capitsl wwth. The tn￿ require their investsnellt advisers.
J M r,inn and Co, to l(M)k for itivesttDeLts and mailltain the porrfolio tti sound leading stocks, with reliable income
5trearn$ and strong balance sbeets capable of weatheting a th'fficult p￿10& FAhi¢al ¢onsidttions are tsken into &ccoiuit
when detem)ining investsnent strategy.
RESERVES POLICY
Dthritig the course of the year the trusteu have C￿led out a review of both the re5¢rves beld by the charity ond tbe
of tho ffijnds disclose
Detailed research was utLd¢rtak¢n as to whether it correct for the charity to show an Endowm¢Dt fi￿d and specific
regard was given to the orI￿nal governing documents and Wdtious awity ComtDiSSiOll appmved schemes. AppropTi#te
professional advice was a]so sougbL As a result of this the trustees have concluded that the ¢l)arity do&% not have any
nds that should be T¢garded &9 either an EttdOWm￿t or a Kestrict&J fund and tbal all fijnds gre UnreslTiCted.
A¢cordiu8ly tbo balance held UDd¢r th¢ E4th*in￿lI fiwd 8t 31 Dccemb¢T 2021 has been tr8llsfe￿d to the unr￿tricted
fund.
It h&9 also been agred that thue is no longer a Tequirn¢nt to b3v¢ ¢ither the M&M8ement r¢s￿ve or Inve5tm¢nt
desigDated fi￿d5 as the purpose for whicb these were esthbli5hed is no IoDg¢r relevattt to the operation of the charity.
At 31 De¢¢mb¢r 2021 the charity ba5 fre¢ r#eryes totsllitig £1.480.908. The inrmie aTising from th￿ [4￿rv￿ 18 more
thao adequate to meet the exp￿nditUre requirem￿ts of the elthrity for the foreseeabl¢ fijttwe.
FUTURE PLANS
The tn￿te￿9 continue to review th¢ use of &8gets. Grants will conttnue to be made in fiuther8n¢e of the 2nission of the
Church as provided in the goverDing documents of which the latest ore the Scheme of the Charity Commission and the
D¢ed of Administration, both of June 2009.
The trwtws decided to CODlinue wiib the project to refurbisb the forecourt ￿ St John'$ Chapel and started work on
preparing a planning application and listed buildmg u)nsent for submission lo ￿l¢bester District Council.
The tNstees also gave c4nsideration (o CODVertiDg th¢ Trty to a Charitsble Incorp￿ated ￿ganl￿ti¢jn (CAO) and expect
¢0 make thig change iti 2022.
INDEPENDENT EXAMINER
The indepelldent examiner, Mr Paul WrigbL a partoer of Shten Stickland. IL&S expressed a willingne55 to ¢ontinue in the
office of independent cx&￿]ner for the llext year and a r¢solution to reappoitit him will be proposed at the next Trnstee3'
meeting.
STRUCTURE, GOVERNANCE AflD MANAGEMENT
Gov¢rnlng document
Th¢ ch￿lty is contrO]led by its governing docum¢llL a deed of tsusL and constithtes an unineoTP)rnteA Charity. The
Charity was cTrated by an Act of Par￿ar0ellt iti 1812 and varied by a Scherne of Arrangement of the Charity
ComttXiSSiCbn. Ari<in8 from that SchetDe comple.*ed on 9th NovembeT 1978 ther¢ were two chayities both registered wtth
thc Charity Cornmi&%ioD with registration nutDbers'.
Church Hall
Charity foT Ecclesi&stic41 Purpo
number298111
umkr298112
Under a further Scheme of AttaDg¢m¢ut of the Charity Commi55ion dat¢d 22nd June 2(K)9. the two charities were
amalgamated into one under the registration nllMb￿ 298111.
Thc Clwk to thc tnutow io Mr S H Holloway. All wrrewnd•nce r•s￿dIng th• athniDi#ts*titsn of th• Bhouid b
sent to the prin¢ipal addre￿.
Page 2

St Johu's Tru5L Chichester
Report of tb¢ Trustees
for the Year Ended 31st DeC¢￿ber 202K
STRUCTURE, GOVERNANCE AND MANAGEMENr
Reeruitment and appointment of neiy truste¢s
Trustees are appointed under th¢ tern)s of the Tr￿1 dee(L There must b¢ at le&8t six tTUStees alld ail shall htsld
office for a maximum of three years. The maximurn numbeT of t￿￿eeS sball k twelve. One third of1nJstets shall retire
by rotation each year at th¢ Annual Gcllerdl Mcctin& although tnjsteu shall be e]iwl)le for reappoinknent. Those
selected to retire shall either be those wbo h￿t held office for the IoDgest peTiod or sball be sele£ted by lot. Trllstees
Lay be llornillated or ¢OvOPted as follows:
up to three nominations by the Deall and cha￿ (all of whom sbould be of Habitual Worshipp¢r5 a¢ the
Cathedral)
one nomination by alld from the City Council of Chichester
up to four norniDatioDS. one by and from each of the City PaTish¢s. {all of whom sbould be of Habilual
Worsbippers in th¢ r¢sp¢ctive parishe5 from which they are ll0mti￿t¢dj
up lo four tsIL8tees to be co-opted by the other t￿tee$ PROVIDED THAT th¢ appointment of any such
co-opl¢d tsustee shall be ratified ID general meetiDgs.
Full induction and trainitig is provided to new trustees.
Risk m¥n8gement
Ihe tru5tee5 have reviewed thc risks relatiog to the tn￿1 and art satisfied that they havc tsktn All
reasonable steps to limii or provide cover for the tnajor risks. Thi9 matter will be kept UDder rolling review.
REFERENCE AND ADMJNISTBATtVE DETAILS
Registered Charlty Dumber
298111
Princlpal address
The Royal Chanty
Cathedr&l Cloisters
Chichester
West Su$3ex
P019 IPX
Trwt¢
Mr Michacl Darby
The Very Reverend S J Waitie
Mr Andrew Gibson (resigned 19.10.21)
Mrs Catheiine James
Mr Colin MCk¢L￿a (resigned 24.1021)
Mrs Sally Chittlebutgb
Cl]r Anne S¢i¢luna
Margaret Heald (appoit)ted 19.10.21)
Independent Esamlner
P E H WTight FCA DChA
Sheeo Stickland
Chartered Ac¢ountants
7 F,ast Pallant
Chichester
West Sussex
P019 ITR
Pdge 3

St Johll's Trus4 Cbicb&5ter
Report of the Truste
for the Year Ended 31st December 2021
REFERENCE AND ADMJNISThATIVE DETAIts
Clerk
S H Hollow
BAnk¢r8
B8r¢lays Bank pl¢
74175 E&st Str¢¢t
Chichester
West Sussex
P019 IHR
Invostm¢nt advbers
jMFij￿&Co
4 ColemaD Street
London
EC2R STA
Approved by ordor of tbe board of twsteas on 26dJ April 2022 and sigo¢d on its 1x1￿lf by:
Th¢ Very Reverend S J Waine- Tnjst
Page 4

dependent ExamiDer'$ Rew)rt to the Thwtee8 or
St John'y TrusL Chfehestsr
Independent exarniner's report to the tn￿te¢S ofst John's Trusl Chichester
I report lo tbe charity truste48 on my examillation of the accounts of St JoI￿S Tn￿ Cbich&ster (the Tn￿t) for the year
ended 31st December 2021.
Responsibilities and basis of report
As the charity tsute&s of the Tr￿st you ate rasp￿17)￿ f(Y the PTeparation of the acYc￿lts in ac¢ordanc£ with the
requirern¢nts of th¢ Cbarities Act 2011 Cthe Acf).
J report in respect of my exwnination of the TnuV$ #¢¢owits c8rrie4J out uD&r section 145 of th¢ Act 8nd il) canying out
my examination I have followed all applicable DIr￿tIons Etven by Ihe Charity CoD]m]ssion under section 145(5Kb) of
tbe Act.
Indepeffjd¢Dt ¢iamiller'5 Stalement
I have ¢ompleled my examination. I confinn that no Materi￿ mattets hav# to my tttt¢ntion in c￿e¢t10n with th¢
examination giving me cause to be]ieve that in ally material respect:
a¢couDting records were not kept in reSp￿t of the Tn￿1 89 required by section 130 of the ACL or
the a¢¢ouDts do not a¢¢ord with those records. or
tbc accounts do not cotnply with the appJicabl¢ requitemcnts coll£￿Ing the forni and content of accounts set
out in the Charities (Aecouttts and Reports) Regu￿10￿$ 2008 other than any requirement that the accounts giv¢
a ttu¢ and fair view which 1$ not a Matt￿ ¢onsid¢red as pirt of an independent exarninalion.
I have no hav¢ wrn¢ #¢ro35 no other ll￿tters ID coDnKtioD with th¢ examination to which attention should
¢ dnwT in this report in order to enable a pri)per Ullderstand￿g of the accthmts to be reacbe
H Wright FCA DChA
Sh¢en 8tickland
7 Bast ljallant
C.hichestcr
Wesl Sussex
P019 ITR
Date 26th April 2022

st John's Trus6 Chichester
st&tement of Financial ActiYitie8
for the Year Ellded 31rt December 2021
2021
2020
Tota]
fijnits
funds
fiwd
funds
Not¢s
INCOME AND EI¥DOWMETrrrs VROM
Invesbnent income
38,923
268
39,191
42.212
EXPENDITURE ON
Raising fuuds
5.773
5.773
5.034
Charitable activilie5
Re]igiou5 and Charitable Work of the Cburcb of
Engialld
39.6
39.690
43.175
Totsl
45.463
45,463
48,209
Net gains rjn iDvesttnent8
24.113
112757
136 870
NFT INC.OM
17.573
I13.￿25
130.598
224
TrADgfers between fundj
12
1821873
1821873
Other recognlsed galnsl(losses)
Gains on revaluation of fixed assets
Net movemettt itt funds
1,839,446
(1,701,661)
137.785
5.827
RECONCILIATION OF FufqDS
Total funds brougbt forwgrd
187.468
1.701,661
1,889,129
1,883,3in
TOTAL Fuf4DS CARRIED FORWARD
2026914
2026914
1889 129
The notcs form part of these financial stst&nettts

St John's TrnsL Cbicbester
Balance Sheet
31$t December 2021
2021
2020
Total
funds
fi￿d
Notes
FJXED ASSETS
Tangible assets
Lnvestm¢nts
S46.￿)6
S46,￿6
1443 273
538,819
1312070
1.989279
1,989,279
1,850,889
CURRENT A&SETS
DebtOTS
Cash in hand
io
4.500
40.753
40.753
41 J59
CREDITORS
Amounts fallin8 due within one year
(3.118)
(3.118)
(3.119)
NF.T CURRTr;NT Assyrs
TOTAL ASSETS LLSS CLnUiENT
LIABILITILS
1026.914
2,026,914
1,889,129
L¥ET ASSETS
2 026 914
2026914
1889 129
FUNDS
lJnrestricted fund$
Endowm¢nt funds
12
2,026.914
187,468
1701 661
TOTAL FUNDS
2026914
1889 129
The f]nancial statements were approved by the Board of TTUSttts and authorised for issue on 26* April 2022 and were
signed on its beI￿lf by:
The Very ReVer￿d S J Waine- Tnthe
The notes forni part of these fmancia] statements
Pa8e 7

St John's TrusL chich￿ter
Notes to the Financial Statements
for the Year Ended 31st DeeeJDbtT 2021
AccoiiTrrriNG POLICILS
Basis of preparing tbe r]nalle131 statements
The fmancial statements of the cbarlty, which is a public knefit entity unts FRS 102. have prepared ijj
accordance with the Cbariti&q SORP IFRS 102) 'A￿untillg and Retthing by Charitses.. Statement of
R¢com]nended Practice applicable to dwities preparing their accoullts a￿OrdanCe with the Finaucial
Reportiug Standard appti¢able in the UK and Republic of Ireland (FRS 102) (effective l JaThuary 2019),.
FiEwicial ReportiD8 Standard 102 Ibe Fioao¢ial Rwtitig Standanl applicable in the UK 8nd Republic of
Ireland. and tbe Charities Acl 2011. The fmaDcial stat¢meDts bave been prepared uuder the historical cost
convellti￿ Witb the ex•ion of investments wbich are Included at market value. as modified by the
revaluation of cthain assets.
FinanclAI reportltsR st#Ddard 102- reduced dtstlosur¢ exemptioni
Th¢ charity bas taken advauta8¢ of the followiug d]￿l05Ure exemptiODS ID pryaring these fittancial statements,
L8 pem]itted by FRS 102 The Financial Reportitig Standard applicable in th¢ UK and Republic of Ir¢land':
the requiments of Secttort 7 Slat¢tDent of C&th Flows.
Incomt
All income is recognised in the Statement of Finan¢1￿ Activities on¢e the Cbarity h&$ entitiemenl ￿ the funds. it
is probable that tho income will be Ktteived and the amount ¢aD be rneasu￿ reliabty.
Eipenditure
Liabilities are recognised &$ ¢xpenditure as soon a5 thete is a le8ai or ¢oJJstructive oblig&tii)n committing thc
¢baTity to that ¢xp¢nditure. it 15 probable that 4 tTrnsfer of ttonomi¢ benefits will be r¢quired in settlement and
th¢ amount of the obligation w be measured reliably. ExpendiDJr¢ is ￿oUnted for on an I￿￿15 basis and has
b¢ell classified under headings that aggregate all cost r¢late4J to the category. Where costs ¢arLnOt be dir¢¢tly
attributed to P8rticular headings thty have been alloca¢¢d to activities on a b3Si5 consistent with the use of
Gr8rLts offcred subject to ¢onditiODS which have noi beeD at the Ye￿ end date are noted as a commitment but
not accrned ss expenditure.
Ratsing funds
Costs of gcn¢ratsng fiwds conwi8e those costs attrIl￿table to publicisiThg tbe Charity.
Charitable activitles
Resourc￿ exp¢oded on the clthTitable activities of the ThLSt include the direct eosts of grants made.
Tgngible r￿ed
Fixed assets are initially re¢0￿1$ed at their current op¢n maTket value. Valuations bave been derived for these
assets as shown below:
62 SwJDfi¢ld Drive. Chi¢he*r (half sbtrt). an infonnal valuation ty a surveyor
Hall- insured vthe
The parish obtained aD itifor¥twI survey of the prom which fonns the b&sis of the 2018 figures which th¢
tnL8lees consider to be satisfactory. The Hall is now used part of Chichester r(￿bank operation which the
tnLStees consider 5*isfies the charitabl¢ objexts and in light of this no quinquawia] inswtion was uudertakeu.
Pmfessional advi¢e Continu￿ to be tsken that regard.
A￿ets purch&%ed with an initial cost oxceeding £5£￿ we capitaiis
DeprtcRatio
Lwid ts not depreciate<L No depreciation is provideA on fteehold propw they ste 7noilltaincd in Twonable
epair aad it is collsidered that residual ￿lle$ are such that d¢preciattOll ￿ not Si8llific4nt. The requsrement to
Complete an ilupairnicut review is undertaken antjualty.
Page 8
¢ontillued...

St JohFJ'S TrusL Cbichester
Notes to th¢ Finalltial Ststements- tontillued
ror the Year Ended 313t December 2021
AccouroriNG POLICILS- eontinued
Tgiatlo
The Charity is exemp* from direct t&xatioD ￿ its cbaritable ￿tivitie
Rtseryes
Unrestrieted rne7V¢S
Genernl funds are unrestrieted funds whith are available for w¢ at the discretion of the trustees for particular
purpos¢s.
A surn equTrva]ent to 25Y(* of the average annual ¢xpenditur¢. on djaritsble activitie5 aud governance of the
Th￿( of the thTe¢ y¢ars up kn the to wbicb the latcst a￿0llnts were is desigDated to a Jnallag¢ment
Toserve. This is adjust￿ aDnually at the me￿1￿8 of the trus*¢s at wbicb the tswte¢$ receive the accounts.
A sum equival￿t to th¢ maTk¢t value of the unrestricted inv&strtieDts is thsigllated &$ an investsDent fjjnit
Endowment fund
Th¢ Endowrnent fund repre8¢Dts illYestmeDts Twhith must bts held PUD]4n￿tty.
Unreaiised gaiThs and losses relating to tho inv&8tments held by the endowment fiuHI of the Charity are #ilo¢at
to the ¢ndoNTrin¢nt fimd. The trustX8 inteDd that these fiuKJs will be beld for the foresccable ￿trjrc to g¢n¢rnie
incotn¢ to enable them to fulfil th¢ purposes of th¢ Charity. In(y)D)e ￿]vable relaiing to inveglments are
Allocated to th¢ unrestricted
INVESTMENT INCOME
2021
2020
Investment iDcome
Deposit a¢¢oullt interest
39,191
42,163
49
42
CHARITABLE AcfIvITIES COST3
Omthng of
aetivtties
(see noto
Costs (se¢
note 4)
costs (see
llotr 6)
5)
Tota]s
Religiow and Charitablé Work of the
Church ofEngland
Page 9
coutinue(L..

St John's Trust, Chiehester
Notes to the Fillalleial Statements- CODtillued
for the Year Ended 31st DeCe￿ber 2021
DIRECI COSTS OF CHARITABLE AcfMTIES
2￿21
2020
tnsurance
Repairn 8Dd maintenance
1.152
385
1,089
GIL4NTS PAYABLE
2021
2020
Religious aTAd Charit&bl¢ WO￿ of the Chur¢h of F￿Sland
31.250
Th¢ total grants paid to illStiDJti0Th4 duTiug th¢ year w&$ #s follows:
2021
2020
St Ponern4 & St John's PCC
St Olftv Tn]st
Si Wilfrid's PCC
Anna Chaplancy Chaplain aDd Administrator
Pregnancy Options
Chichester HFART Proj¢ct
St Paul's PCC
B¢ll Tower Drop
5,000
10.250
2.917
3.OtK)
2.0(M)
5.833
3.000
4.083
6.000
3,000
9.167
4,000
SiJPPORT cosrs
Govern8nC8
costs
Manageme¥Lt
Totals
Religious and Charitable Work of the
Church of England
693
¢luded in governance costs ar¢ IndeF￿dent examination fres of £2.460.
TRUSTEES, REMUNERATION AND BENEFITS
No tNste£ or person T¢lated or connected to them re¢eiYed any remuneNion from tbe Charity during the current
orpre¢edinB year.
Th¢ Clcrk to the tr￿tee3 received all hottor&iutn of £2,3(NJ (2020.. £2.300).
Page 10
Continued...

St John's Trus6 Chichester
Notes to the FillaDcial Ststem¢uts- contiDued
for the Year Ended 31st l>¢c¢mber 2021
TRUSTEES, REMUNERATION AND BENEFITS. toDtSDued
Trustees, expenses
Thera w¢r¢ no In]st¢¢* ¢￿n3¢s paid for the year ULdeA 31st December 2021 nor for the year ende4131st
DeLember 21no.
Any In￿te¢ expenses c]aimed or ID￿rred are gjbject to the Ch8rÈtyg nomal internal eontrob and authorisation
pro￿a￿reS.
TANGIBLE FJJED A&SETS
Freehold
property
COST OR VALUATION
At 1st January 2021
Revaluations
538.819
At 31st December 2021
546 006
NET BOOK VALiJE
At 315t December 2021
546 006
At 31st December 2020
538819
Cost 01 valuation at 3]￿ D¢c¢mber 2021 is r¢pTeB¢nted by:
Freehold
propety
Valuation in 2021
546 006
Fr¢ehold propeIty include5 a baif slwe in 62 Swaufield Driv4 Chicbester and St JoFth's HalL St Jobn'$ Street.
Chichester.
The half share ill 62 Swanfield Drive has been valued at £160.(Krf) based on an infornial va]uation obtsined by
the trLL8tee8 in 2018. The previous itifornial vabjation httd been earried out ID 2rM)9 when the value wa5 ststea &¥
being £90.000.
St John's Hall is in¢luded at 8 VAlvation of £386.006. This value is tbe insur¢d value as notified by the itisurers at
the latest renewal date beiDg l Juty 2021. Thi4 rèvalued amount bas iD¢f¢&5¢d by £7.187 ￿l￿pared witb th¢
pTrvious yw.
Page 11
continued..

St Jobn's Trust, Chiebester
Notes to the Financial StateJnents- continued
for the Year Ellded 31st December 2021
FIXED ASSET ￿EsT￿ENTs
Listed
settle￿¢llts
inv&gtments pending
Totals
At 1st Jattuary 2021
Additions
Disposals
R¢valuations
1238.485
173,839
(108.610)
73.585
111.624
(179.612)
1.312,070
285,463
(288222)
133.962
At 31st D¢¢embeT 2021
1437 676
1443 273
NET BOOK VALUE
At 3 1st Ikcember 2021
1437 676
1443 273
At 31st Derkmber 2020
1312070
Tnvo3¢ment held atr d¢thiled as followJ:
2021
2020
Pacific ex J4)aD
,403.162
1.200,284
Cosi or v8luatioll * 31st Dettmber 2021 is representfyl by:
C&8h and
8ettleTnents
i]Jvestments
Totals
V￿llati¢)n in 2021
1437 676
443 273
InveslJu¢nts that aro individually material within the iDvestmu)¢ portfolio are d¢tailed follows:
2020
Scottish Mortgage Investtttenl TnLSt
Scottish American Investmeol
78,910
Page 12
contiDue(L..

St John's Trknsl CILiehester
Notc8 to the Fillallcial StatemeDts- contiDu&1
for the Ytgr Ended 31st December 2021
10. DEBTORS: AMOUNTS FALLfNG DUE AFTER MORE THAN ONE YEAR
2021
2020
Grants paid ill ￿Van
ii.
CREDITORS: AMOUNTS FALLING DUE WtTHIN ONE YEAR
2021
2020
A¢¢ru&]s aDd defure41 income
12.
Net
movelnent
Transfers
bettyeen
fi￿d$
At
31.12.21
At 1.1.21
Unrestricted lunds
fj¢neTa2 F'und
Management kes¢rY¢ Fulld
D￿l8￿&ted. Investtnent Fund
3.629
15280
168 559
(6,540)
2.029.825
(15.280)
192 672
2,026.914
187.468
17.573
1.821.873
2.026.914
EDdowrnent funds
EndowmenL Fund
1.701.661
120212
{1.821.873)
TOTAL FUNDS
1889 129
137785
2026914
Net movement iu fi￿. in¢luded iti the above are &8 follow8:
Incomin8
Rasowces
expended
Gains and
losses
Movement
iti filttds
Unrestrleted fund$
General Fund
D&8igttated- Investment Fund
38.923
(45,463)
{6,￿0)
38,923
(45.463)
24.113
17,573
Endowment fuDds
Endowment Fund
268
119.944
120,212
TOTAI, FIJNDS
137785
Pa8c 13
continue£t..

St John'i Trus¢ Chicbester
r4otes to tbe FiDaknci&l Ststements- continued
ror tbe Year Ended 31st Deeember 21121
l2.
MOVEMENT IN FUNDS. contlllued
Compar#tiv¥ for movemellt fvDds
Net
movement
in funds
T￿￿f¢[S
At
31.12.20
At 1.1.20
fimds
Unr¢strieted fundj
Generkl Fund
Managewent Reserve Fund
DesI￿ated- Investmeut FuDd
10.380
14.527
157 713
(5.998)
(753)
753
3,629
15,280
168 $59
If2.620
4.848
EndowmeDt funds
EndOl￿Denl Fund
187,468
I,7￿),682
979
1.701,661
TOTAL FUNDS
1889 129
Comparativo net movement in funds, itkcluded io the above are &8 follows:
In¢omiD8 Resources Gains and
loss¢$
Movement
in fimds
Unrestricted fuDdJ
Gen¢ral Fund
Designated- Invttstsnent Fwid
42.211
(48.209)
(5.998)
42212
(48,209>
10.845
4,848
Endowment fund$
Endowment r,und
979
979
TOTAL FUNDS
A curr¢nt year 12 months and prior year 12 months combinoj position 15 as follows:
Net
movement
Trallsfers
At
31.12.21
At 1.1.20
fiwds
UnrestrActed funds
General Fwid
Manage￿ent Re8¢rve Fund
De$igna¢ed- Investnient Fund
10.380
14.527
157 713
(11538)
2.029,072
(14,527)
2,026,914
If2.620
22.421
1.821.873
2,026,914
Endowment funds
Endowmeut Trund
I.7￿.652
121.191
(1.821,873)
TOTAL FuE￿s
143 612
2026914
Page 14
continueiL..

St John's TrnsL Chichestsr
Notes to the Finaneixl Ststements- continue41
for the Year EDded 31st December 2021
12.
MOVEMENf IN FUF4DS- Cont1n￿e￿
A current year 12 months altdprior yegt 12 montlLS combiDed Tnov¢meDt in fllllds, included in the above ar¢
as follows..
JryeomiD8 Rttourc¢s Gains aud Movement
expended
l¢)sses
iti fiwds
Unrestricted fuDds
General Fund
De$l￿ted- Investr)ettt Fund
81.134
{93.672)
(12,538)
81.135
(93.672)
34.958
Endowment fuDds
E￿d￿F￿￿¢nI F￿nd
22.421
268
120.923
121,191
TOTAL FUNDS
155 881
143 612
As detsiled in the report of the trustees it W&8 8￿Ced that the ba]8n¢e5 held under Endowment fimd together
witb the two D¢Si￿al¢d fujth would be treated a8 f(min8 tffjrt of th# Unrestri¢*d fi￿dry of the Tn￿L
As a r¢sult of this the fijnd balances weT¢ traDsferred with effKt from 31 Dwber 2021.
13.
RELATED PARTY DISCLOSURES
St Pan¢rng & St Johns PCC. who M Dthy is also a tnJst¢¢ 0£ receiv￿ no &rants during the year ¢Dded 31
December 2021 (2020: £5.000).
14.
CHARIT ABLE COMMITMENTS
2021
St Olav'5 TnL3t
All charitable comrnittnents are to be supported by fithue iucome from unrestricted fjjnds.
Page 15

St Jobn's TrnsL Chl¢best¢r
Detailed Ststemeut of Financial A¢tivities
for the Year Ended 31st De¢etDber 2021
2021
2020
IDvestment iDcoJDe
Inv¢stmcnt incom¢
D¢posit account interest
39.191
42,163
49
Totsl lncomlllg resources
39.191
42212
EXPENDITURE
R#isiDg doDatlOJlS 8nd leg8ci¢s
Inveslmcnt management fees
5,773
5.034
Charitabk activities
Insurance
Repairs and maintcnanc¢
Gratits to institutions
1.152
385
1,089
5,851
34,537
38,190
Support costs
Management
Other costs
Clerk's honorarium
393
225
2,693
2,525
Governance costs
ludependent cxaminels fee
Total resources expended
Net expenditure before gains and losses
(6,272)
(S,997)
Realised reeognised gAios and losses
Reaiised gai￿00&18s) on fix￿ &%8et iDV¢StsDeDts
Net expendlture
364
This pag¢ does not forni part of the statutory financial sta*meuts
Page 16