##
##
##
##
##
||||Page||
|---|---|---|---|---|
|Reference and Administrative
Details|||||
|Report ofthe Trustees||2|to|4|
|Independent
Examiner's
Report|||||
|Statement ofFinancial Activities|||||
|Balance Sheet|||||
|Notes tothe Financial Statements|8||to|16|
##
##
|TRUSTEES||CCropley - Holwell Parochial Church Council|CCropley - Holwell Parochial Church Council|CCropley - Holwell Parochial Church Council||
|---|---|---|---|---|---|
|||M Cooper —{Co-opted) (resigned||17/2/22)||
|||W Harris —Holwell
Parish Council||||
|||CThurstance
- Ickleford Parish Council||||
|||RSimkins —Stondon|Parish Council (resigned 23/2/21)|||
|||C P A Strong - North|Hertfordshire|District Council||
|||J Hayes - {Co-opted)||||
|||JCarlyle - (Co-opted)|—Vice Chairman|||
|||RGainsford —Holwell|Parochial Church Council|||
|||PJ Hurworth
-(Co-opted) —Chairman||||
|||DAshley —Hertfordshire
Country||Council (resigned 7/5/21)||
|||J Barker - (Co-opted)||||
|||P Lazenby —Stondon|Parish Council (appointed||13/07/21)|
|||N L Rowe —Pirton Parish Council||||
|||CA Everett —Holwell|Parish Council (resigned||3/11/21)|
|PRINCIPAL ADDRESS||Suite 2,The Granary||||
|||Fairclough
Hall Farm||||
|||Halls Green||||
|||Weston||||
|||Hertfordshire||||
|||SG4 7DP||||
|REGISTERED CHARITY NUMBER||311022||||
|INDEPENDENT|EXAMINER|Wags LLPt/a Wagstaffs||||
|||Richmond
House||||
|||Walkern
Road||||
|||Stevenage||||
|||Hertfordshire||||
|||SG1 3QP||||
##
##
##
##
##
##
##
##
##
##
##
##
|||2021|2020|
|---|---|---|---|
|||Unrestricted|Total|
|||funds|funds|
||Notes|E|f|
|INCOME AND ENDOWMENTS FROM||||
|Investment
income||175,579|161,207|
|EXPENDITURE ON||||
|Charitable
activities||||
|General grant||187,291|194,099|
|Net gains an investments||298,121|57,823|
|NET INCOME||286,409|24,931|
|RECONCILIATION
OF FUNDS||||
|Total funds brought forward||5,702,367|5,677,436|
|TOTAL FUNDS CARRIED FORWARD||5,988,776|5,702,367|
##
##
|||2021|2020|
|---|---|---|---|
|||Unrestricted|Total|
|||funds|funds|
||Notes|E|f|
|FIXEDASSETS||||
|Investments||||
|Investment
property||3,495,000|3,495,000|
|Socialinvestments||2,303,295|2,078,800|
|||5,798,295|5,573,800|
|CURRENT ASSETS||||
|Debtors|10|11,692|5,879|
|Cash at bank||182,689|126,588|
|||194,381|132,467|
|CREDITORS||||
|Amounts
falling due within one year||(3,900)|(3,900 j|
|NET CURRENT ASSETS||190,481|128,567|
|TOTAL ASSETS LESSCURRENT LIABILITIES||5,988,776|5,702,367|
|NETASSETS||5,988,776|5,702,367|
|FUND5|12|||
|Unrestricted
funds||5,98$,776|5,702,367|
|TOTALFUNDS||5,9$$,776|5,702,367|
##
##
##
##
##
##
##
##
##
##
##
|INVESTMENT INCOME|||
|---|---|---|
||2021|2020|
||E|E|
|Rents received|109,292|100,832|
|Income from listed investments|66,281|60,364|
|Interest receivable|6|11|
||175,579|161,207|
##
##
##
|||||2021|2020|
|---|---|---|---|---|---|
|||||E|E|
|Repairs and maintenance||||35,060|37,760|
|Insurance||||6,153|5,468|
|Commissions
&legal|fees|||11,705|10,081|
|Property investment
costs
Other investment
management|||costs|52,918
14,655|53,309
12,860|
|Support and governance||costs||1,179|2,214|
|Total investment
ma|nagement||costs|68,752|68,383|
|||||2021|2020|
|||||E||
|Grants to institutions||||||
|School facilities||||18,080|16,870|
|Other organisations||||9,143|11,785|
|||||27,223|28,455|
|Grants to individuals||||80,700|77,338|
|Total direct costs||||107,923|105,793|
|Support and governance||costs|allocated|10,616|19,923|
|Total grant costs||||118,539|125,716|
##
##
##
|||Grant|Investment|||
|---|---|---|---|---|---|
|||making
f|management
E|2021
E|2020
E|
|Management|and|||||
|administration||7,106|789|7,895|18,237|
|Accountancy||3,510|390|3,900|3,900|
|||10,616|1,179|11,795|22,137|
##
##
##
##
|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIE|S|
|---|---|
||Unrestricted|
||funds|
||f|
|INCOME AND ENDOWMENTS FROM||
|Investment
income|161,207|
|EXPENDITURE ON||
|Charitable
activities||
|General grant|194,099|
|Net gains on investments|57,823|
|NET INCOME|24,931|
|RECONCILIATION
OF FUNDS||
|Total funds brought forward|5,677,436|
##
|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued||
|---|---|---|---|---|
|||||Unrestricted|
|||||funds|
|||||E|
|TOTAL FUNDS CARRIED FORWARD||||5,702,367|
|NET GAINS/(LOSSES) ON INVESTMENTS|||||
||||2021|2020|
||||E|E|
|Realised and unrealised|gains / (lossesjon investments||298,121|57,823|
||||298,121|57,823|
|INVESTIVIENT PROPERTY|||||
||||2021|2020|
||||E|E|
|1&2 Rands Cottages,|Holwell|Road, Holwell|300,000|300,000|
|3 Rands Cottages, Pirton Road, Holwell|||300,000|300,000|
|4 - 6 Rands Cottages, Pirton Road, Holwell|||430,000|430,000|
|New Rectory, Holwell|||480,000|480,000|
|47The Broadway,
Mill|Hill, London||575,000|575,000|
|49The Broadway,
Mill|Hill, London||500,000|500,000|
|374 Brixton Road, London|||800,000|800,000|
|Other property:|||||
|Holwell
Village
Hall|||60,000|60,000|
|John Rand Recreation|Ground,|Holwell|50,000|50,000|
||||3,495,000|3,495,000|
##
|9.|SOCIAL INVESTMENTS|SOCIAL INVESTMENTS||||
|---|---|---|---|---|---|
||||||Programme|
||||||related|
||||||investments|
||||||equity|
||||||E|
||Market value|||||
||At 1stJanuary 2021||||2,078,800|
||Additions||||482,909|
||Disposals||||(556,535)|
||Reva luations||||298,121|
||At 31stDecember|2021|||2,303,295|
||Net book value|||||
||At 31stDecember|2021|||2,303,295|
||At 31stDecember|2020|||2,078,800|
||Fidelity Ucits ICA|shareholding|amounts to 5.49~%%doftotal|shareholding.||
||Cost orvaluation|at 31stDecember 2021 is represented||by:||
|||||Equity|
|---|---|---|---|---|
|||||E|
||Cost|||2,303,295|
|10.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
||||2021|2020|
||||E|E|
||Other debtors||11,692|5,879|
##
##
##
|MOVEMENT|IN FUNDS||||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.1.21|in funds|31.12.21|
|||E|E|E|
|Unrestricted|funds||||
|General fund||2,984,352|286,409|3,270,761|
|Revaluation|rese rve|2,718,015||2,718,015|
|||5,702,367|286,409|5,988,776|
|TOTAL FUNDS||5,702,367|286,409|5,988,776|
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
||||E|E|E|E|
|Unrestricted|funds||||||
|General fund|||175,579|(187,291)|298,121|286,409|
|TOTAL FUNDS|||175,579|(187,291)|298,121|286,409|
|Cornparatives|for movement|in funds|||||
||||||Net||
||||||movement|At|
|||||At 1.1.20|in funds|31.12.20|
|||||E|E|E|
|Unrestricted|funds||||||
|General fund||||2,959,421|24,931|2,984,352|
|Revaluation|reserve|||2,718,015||2,718,015|
|||||5,677,436|24,931|5,702,367|
|TOTAL FUNDS||||5,677,436|24,931|5,702,367|
##
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|||E||E|E|
|Unrestricted|funds|||||
|General fund||161,207|(194,099)|57,823|24,931|
|TOTAL FUNDS||161,207|(194,099)|57,823|24,931|
##
##
||||2021|2020|
|---|---|---|---|---|
||||E|E|
|INCOME AND ENDOWMENTS|||||
|Investment
income|||||
|Rents received|||109,292|100,832|
|Income from listed investments|||66,281|60,364|
|Interest receivable|||6|11|
||||175,579|161,207|
|Total incoming
resources|||175,579|161,207|
|EXPENDITURE|||||
|Charitable
activities|||||
|Grants to institutions|||27,223|28,455|
|Grants to individuals|||80,700|77,338|
||||107,923|105,793|
|Support costs|||||
|Management|||||
|insurance|||6,153|5,468|
|Sundries|||7,506|7,984|
|Repairs and maintenance|||35,060|39,411|
|Legal and professional
Commissions|fees||4,752
11,242|12,502
10,081|
|investment
management||fees|14,655|12,860|
||||79,368|88,306|
|Total resources expended|||187,291|194,099|
|Net expenditure
before gains and losses|||(11,712)|(32,892)|
|Realised recognised gains||and losses|||
|Realised gains/(losses)|on|fixed asset|||
|investments|||298,121|57,823|
|Net income|||286,409|24,931|
##
|NET RENTS SCHEDULE|NET RENTS SCHEDULE||2021||2020|
|---|---|---|---|---|---|
|Income||||||
||Rents and charges received|||109&293||
|Property|outgoings|||||
||Repairs &Maintenance||35,060||37,760|
||Insurance||6,153||5,468|
||Commissions|& legalfees|11,705||10,081|
|||||52,918||
|||||56,575||
##
##
##
||||Rands Cottages|Meadow|View|The Broadway|Brixton|Road|Total|
|---|---|---|---|---|---|---|---|---|---|
||||E|E||E|E||E|
|income||||||||||
||Rents and charges received||28,166||15,600|61,840||3,6S8|109,293|
|Expenses||||||||||
||Repairs &Maintenance||22,801||2,941|9,318|||35,060|
||Insurance||1,657||835|3,626||35|6,153|
||Commissions|&legal fees|3,3SO||1872|6,371||83|11,705|
||||27,838||5,648|19,315||117|52,918|
||Surplus 2021||327||9,952|42 525||3,570|55375|
||Surplus 2020||11,792||10,996|23,584||1,153|47,525|