| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Total | |||
| funds | fund | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
500 | 500 | ||||
| Investment income |
35,016 | 35,016 | 39638 | |||
| Total | 35,516 | 35516 | 39,638 | |||
| EXPENDITURE ON | ||||||
| Raising funds | 3,619 | 3,619 | 5,304 | |||
| Charitable activities |
4 | |||||
| Religious and Charitable England |
Work ofthe Church | of | 200 634 | 200634 | 44 534 | |
| Total | 204 253 | 204,253 | 49,838 | |||
| Net gains/(losses) on investments |
~72,352) | ~72 352) | ~241 796) | |||
| NKT INCOME/(EXPENDITURE) | (241,089) | (241,089) | (251,996) | |||
| Other recognised gains/(losses) Gains on revaluation offixed assets Transfer to Saint John's Trust, Chichester |
35,926 ~947632) |
35,926 ~947 632) |
41,686 | |||
| Net movement in funds |
(1,152,795) | (1,152,795) | (210,310) | |||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward |
1,816,604 | 1,816,604 | 2,026,914 | |||
| TOTAL FUNDS CARRIED I'ORWARD | 663,809 | 663 809 | 1 816604 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Total | |||
| funds | fund | funds | funds | |||
| Notes | ||||||
| FIXEDASSETS | ||||||
| Tangible assets |
9 | 623,618 | 623,618 | 587,692 | ||
| Investments | 10 | 1,193827 | ||||
| 623,618 | 623,618 | 1,783,519 | ||||
| CURRENT ASSETS | ||||||
| Cash in hand | 70,186 | 70,186 | 36,204 | |||
| CREDITORS | ||||||
| Amounts falling due within one year |
(29,995) | (29,995) | (3,119) | |||
| NET CURRENT ASSETS | 40 191 | 40,191 | 33086 | |||
| TOTAL ASSETSLESSCURRENT | ||||||
| LIABILITIES | 663,809 | 663,809 | 1,816,604 | |||
| NET ASSETS | 663 809 | 663 809 | 1 816604 | |||
| FUNDS | 12 | |||||
| Unrestricted funds |
663,809 | 1 | 816,604 | |||
| TOTAL FUNDS | 663,809 | 1,816604 |
| 2. | DONATIONS AND LEGACIES |
||
|---|---|---|---|
| 2023 | 2022 | ||
| Gifts | 500 | ||
| 3. | INVKSTMKNT INCOME | ||
| 2023 | 2022 | ||
| Investment income |
32,459 | 39,536 | |
| Deposit account interest | ~2557 | 102 | |
| ~35016 | ~39 638 | ||
| 4. | CIIARITABLE ACTIVITIES COSTS |
| Grant | ||||||
|---|---|---|---|---|---|---|
| funding of | ||||||
| Direct | activities | Support | ||||
| Costs (see | (see note | costs (see | ||||
| note 5) | 6) | note 7) | Totals | |||
| Religious | and Charitable | Work ofthe | ||||
| Church ofEngland | 191283 | 3 600 | 5,751 | 200634 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| E | ||||
| Insurance | 1,282 | 1,249 | ||
| Repairs and maintenance | 19,086 | 2,328 | ||
| Office stationery | 80 | |||
| Professional fees |
2,426 | 3,830 | ||
| Forecourt expenses | 168409 | 8,948 | ||
| 191,283 | 16,355 | |||
| GRANTS PAYABLK | ||||
| 2023 | 2022 | |||
| f. | ||||
| Religious and Charitable | Work of | the Church ofEngland | ~3600 | ~22 707 |
| The total grants paid to | institutions | during the year was as follows: | ||
| 2023 | 2022 | |||
| f. | ||||
| St Olav Trust | 9,307 | |||
| StWilfrid's PCC | (2,000) | 2,000 | ||
| Pregnancy Options Chichester HEART Project |
2,000 | 9,600 | ||
| Confide Counselling | 3,600 | 1,800 | ||
| ~3600 | 22,707 |
| SUPPORT COSTS | ||||
|---|---|---|---|---|
| Governance | ||||
| Management | costs | Totals | ||
| Religious and Charitable | Work ofthe | |||
| Church ofEngland | 3,429 | ~2322 | ~5751 |
| TANGIBLE FIX | EDASSETS | ||
|---|---|---|---|
| Freehold | |||
| property | |||
| COST OR VALUATION | |||
| At 1stJanuary 2023 | 587,692 | ||
| Revaluations | 35 926 | ||
| At 31stDecember | 2023 | 623 618 | |
| NET BOOKVALUE | |||
| At 31stDecember | 2023 | 623 618 | |
| At 31stDecember | 2022 | 587 692 | |
| Cost or valuation | at 31stDecember 2023 is represented | by: | |
| Freehold | |||
| property | |||
| Valuation in 2023 |
623,618 |
| FIXEDASSETINVKSTMKNTS | |||
|---|---|---|---|
| Cash and | |||
| Listed | settlements | ||
| investinents | pending | Totals | |
| MARKET VALUE | |||
| At 1stJanuary 2023 | 1,174,998 | 20,829 | 1,195,827 |
| Additions | 90,804 | 111,225 | 202,029 |
| Disposals | (244,199) | (126,938) | (371,137) |
| Transfers to SJTCIO Revaluations |
(941,516) ~80 087) |
(5,116) | (946,632) ~80087) |
| At 31stDecember 2023 | |||
| NET BOOK VALUE | |||
| At 31stDecember 2023 | 1 195827 | ||
| At 31stDecember 2022 | 1.174998 | 20,829 | 1,195827 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| North American Income Trust | 64,600 | |||||
| 11. | CREDITORS: AMOUNTS FALLING DUE WITIIIN ONE | YEAR | ||||
| 2023 | 2022 | |||||
| Accruals and | deferred income | 2~9995 | 3,119 | |||
| 12. | MOVEMENT IN FUNDS | |||||
| Net | ||||||
| movement | Transfers | |||||
| At 1.1.23 | in funds | to SJTCIO | At 31.12.23 | |||
| E | ||||||
| Unrestricted | funds | |||||
| General Fund | 1,816,604 | (205,163) | (947,632) | 660,809 | ||
| TOTAL FUNDS | 1 816604 | $05,163) | ~947632) | 660,809 | ||
| Net movement | in funds, included | in the above are as follows: | ||||
| Incoming | Resources | Gains and | Movement | |||
| resources | expended | losses | in funds | |||
| Unrestricted | funds | |||||
| General Fund | 35,516 | (204,253) | (36,426) | (205,163) | ||
| TOTAL FUNDS | 35 516 | a204,253) | ~36,426) | ~205 163) |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.1.22 | in funds | 31.12.22 | ||
| Unrestricted | funds | |||
| General Fund | 2,026,914 | (210,310) | 1,816,604 | |
| TOTAL FUNDS | 2 026914 | ~210310) | 1 816604 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General Fund | 39,638 | (49,838) | (200,110) | (210,310) | |
| TOTAL FUNDS | 39638 | ~l9 838 | ~200 110) | ~210310) |
| Net | |||||
|---|---|---|---|---|---|
| movement | Transfers | ||||
| At 1.1.23 | in funds | to SJTCIO | At 31.12.23 | ||
| E | |||||
| Unrestricted | funds | ||||
| General Fund | 2,026,914 | (415,473) | (947,632) | 663,809 | |
| TOTAL FUNDS | 2 026914 | ~4) 5 473) | ~947632) | 663 809 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| E | |||||
| Unrestricted | funds | ||||
| General Fund | 75,154 | (254,091) | (236,536) | (415,473) | |
| TOTAL FUNDS | 75 154 | ~254,091) | ~236536) | ~415473) |
| 2023 | 2022 | |||
|---|---|---|---|---|
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies |
||||
| Gifts | 500 | |||
| Investment income |
||||
| Investment income |
32,459 | 39,536 | ||
| Deposit account interest | 2,557 | 102 | ||
| 35,016 | 39,638 | |||
| Total incoming resources | 35,516 | 39,638 | ||
| EXPENDITURE | ||||
| Raising donations and Investment management |
legacies fees |
3,619 | 5,304 | |
| Charitable activities |
||||
| Insurance | 1,282 | 1,249 | ||
| Repairs and maintenance | 19,086 | 2,328 | ||
| Office stationery | 80 | |||
| Professional fees |
2,426 | 3,830 | ||
| Forecourt expenses Grants to institutions |
168,409 3600 |
8,948 22 707 |
||
| 194,833 | 39,062 | |||
| Support costs | ||||
| Management | ||||
| Other costs | 429 | 532 | ||
| Clerk's honorarium | 3,000 | 2,300 | ||
| 3,429 | 2,832 | |||
| Governance costs |
||||
| Independent examiner's |
fee | 2322 | 2 640 | |
| Total resources expended | 204,253 | 49,838 | ||
| Net expenditure before |
gains and losses | (168,737) | (10,200) | |
| Realised recognised gains and losses |
||||
| Realised gains/(losses) | on fixed asset investments | 7733 | ~33,088) | |
| Net expenditure | i161,002) | ~43,288) |