| Page | |||
|---|---|---|---|
| Reference and administrative | details ofthe Charity, | Its Trustees and advisers | 1-2 |
| Trustees' report | 3-6 | ||
| Independent examiner's report |
|||
| Statement ofSnancial activities | |||
| Balance sheet | |||
| Notes to the financial statements | 10-17 |
| Endowment | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| Note | 2022 f |
2022 8 |
2022 6 |
2021 | |||
| Income and endowments | from: | ||||||
| Investments | 2 | 268496 | 10,847 | 279,343 | 183,867 | ||
| Total income and | endowments | 268,496 | 10,847 | 279,343 | 183,867 | ||
| Expenditure on: |
|||||||
| Raising funds | 3 | 7,155 | 7,155 | 2,572 | |||
| Charitable activities |
54,057 | 12,952 | 67,009 | 68,689 | |||
| Total expenditure | 61,212 | 12,952 | 74,164 | 71,261 | |||
| Net income/(expenditure) | before net | ||||||
| gains on investments | 207,284 | (2,105) | 205,179 | 112,606 | |||
| Net gains on investments | 773,582 | 13,004 | 786,586 | 633,365 | |||
| Net movement In funds |
980,866 | 10,899 | 991,765 | 745,971 | |||
| Reconciliation offunds: |
|||||||
| Total funds brought | forward | 6,157,748 | 282,549 | 6,440,297 | 5,694,326 | ||
| Total funds carried | forward | 7,138,614 | 293,448 | 7,432,062 | 6,440,297 |
| BALANCE SHEET | BALANCE SHEET | BALANCE SHEET | BALANCE SHEET | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AS | AT | 25 MARCH 2022 | |||||||||||
| 2022 | 2021 | ||||||||||||
| Note | |||||||||||||
| Fixed assets | |||||||||||||
| Investments | 7,205,939 | 6,269,353 | |||||||||||
| 7405,939 | 6,269,353 | ||||||||||||
| Current assets | |||||||||||||
| Debtors | 9 | 66,849 | 29,674 | ||||||||||
| Cash at bank and | in | hand | 175,708 | 147,974 | |||||||||
| 232,657 | 177,648 | ||||||||||||
| Creditors; amounts | falling due within one | ||||||||||||
| yea l | 10 | (6,434) | (6,704) | ||||||||||
| Net current assets | 226,123 | 170,944 | |||||||||||
| Total assets less current liabilities | 7,432,062 | 6,440,297 | |||||||||||
| Net assets excluding | pension asset | 7,432,062 | 6,440, | 297 | |||||||||
| Total net assets | 7,432,062 | 6,440,297 | |||||||||||
| Charity funds | |||||||||||||
| Endowment funds |
12 | 7,138,614 | 6,157,746 | ||||||||||
| Restricted funds | 12 | ||||||||||||
| Unrestricted funds |
12 | 293348 | 262, | 549 | |||||||||
| Totalfunds | 7,432,062 | 6,440,297 | |||||||||||
| The financial |
statements | were | approved | and | authorised | for issue |
by | the | Trustees | on | |||
| and signed on their behalf by: |
| Endowment | Unrestricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022 | 2022 | ||
| 8 | 8 | 8 | ||
| Income from UK Investment | properties | 34,416 | 34416 | |
| M &G Securities | 234,073 | 10,846 | 244,919 | |
| Bank interest receivable | 8 | 8 | ||
| 268,497 | 10,846 | 279,343 | ||
| Endowment | Unrestrtcted | Total | ||
| funds | funds | funds | ||
| 2021 | 2021 | 2021 | ||
| 8 | ||||
| Income from UK Investment | properties | 33,463 | 33,463 | |
| M 8 G Securities | 141,965 | 8,331 | 150,296 | |
| Bank Interest received | 108 | 108 | ||
| 175,536 | 8,331 | 183,867 |
| Endowment | Total | |
|---|---|---|
| funds | funds | |
| 2022 | 2022 | |
| 8 | ||
| Rent collection Insurance |
2,299 528 |
2,299 528 |
| Valuation fees | 4,328 | 4,328 |
| 7,155 | 7,165 | |
| Endowment | Total | |
| funds | funds | |
| 2021 | 2021 | |
| 8 | ||
| Rent collection Insurance |
2,044 528 |
2,044 528 |
| 2,572 | 2,572 |
| Grants to | Grants to | Total | ||
|---|---|---|---|---|
| Institutions | Individuals | funds | ||
| 2022 | 2022 | 2022 | ||
| 6 | 5 | 6 | ||
| Grants to Moieties Refunds Cathedral |
individuals Careers Event |
600 | 19,594 13,000 (788) |
19,694 13,000 (788) 600 |
| King's School Choristers |
12,952 | 12,952 | ||
| 13,552 | 31,806 | 45,358 |
| Grants to | Grants io |
Total | ||
|---|---|---|---|---|
| lnsllfutlons | individuals | funds | ||
| 2021 | 2021f | 2021f | ||
| Grants to individuals | 15,119 | 15,119 | ||
| Moieties | 11,000 | 11,000 | ||
| Refunds | (6,216) | (6,216) | ||
| Coronavirus | support grants | 17,000 | 17,000 | |
| King's School Chorlsters | 10,442 | 10,442 | ||
| 10,442 | 36,903 | 47,345 |
| Charlfund | |||
|---|---|---|---|
| Investmentsf | Land f |
Total f |
|
| Cost or valuation | |||
| At 26 March 2021 | 4,167,447 | 2,101,906 | 6,269,353 |
| Additions | 160,000 | 150,000 | |
| Revaluations | 291,492 | 495,094 | 786,586 |
| At 25 March 2022 | |||
| 4,608,939 | 2,597,000 | 7,205,939 |
| 2022 f |
2021f | |||
|---|---|---|---|---|
| Due within one year | ||||
| Trade debtors | 10,199 | 10,484 | ||
| Other debtors | 46,650 | 19,190 | ||
| 56,849 | 29,674 | |||
| 10. | Creditors: Amounts | falling due within one year | ||
| 2022f | 2021f | |||
| Accruals and deferred | income | 6,434 | 6,704 |
| 2022 f |
2021f | |||||||
|---|---|---|---|---|---|---|---|---|
| Financial | assets | |||||||
| Financial Financial |
assets assets |
measured measured |
at at |
fair value amortised |
through cost |
income and expenditure | 7,205,939 66,849 |
6,269,353 29,674 |
| 7,262,788 | 6,299,027 |
| Income | 2022f | 2022f | 2021 | 2021f | |
|---|---|---|---|---|---|
| Endowment Fund —Charifund Income Chorister Fund —Charlfund income Interest received Rental income |
234,073 10,847 8 34 416 |
141,965 8,331 108 33463 |
|||
| 279,344 | 183,867 | ||||
| Gains on investments | |||||
| Charifund and Land revaluation |
786,586 | 633,365 | |||
| 786 686 | 633,365 | ||||
| Gross Income in the reporting | period | 1 D6~ 93D | ~17232 |
| Less: | 2022 F |
2022 f |
2021 | 2021 f |
||
|---|---|---|---|---|---|---|
| Investment Expenditure |
||||||
| Rent Colieclion Charges Insurance Cheffins professional fees |
2,299 628 4328 |
2,044 528 |
||||
| 7,155 | 2,572 | |||||
| Grants | ||||||
| Grants to individuals Moieties Covid-19 support grants Kings School Chorlsters Grants cancelled and returned Cathedral Careers Event |
cheques | 19,695 13,000 12,952 ~789 600 |
15,119 11,000 17,000 10,442 ~6276 |
|||
| 45,358 | 47,345 | |||||
| Administration costs |
||||||
| Independent examination fee Secretarial expenses Administration lunches Website costs Bibles Bank charges Printing, advertising and graphic design costs Sundries |
1,620 17,080 1,012 75 186 1,408 271 |
1,572 18,700 17 89 500 7 459 |
||||
| 21 852 | 21 344 | |||||
| Total expenditure | 74 165 | 71261 | ||||
| Net income for the reporting | period | 891765 | 745 971 |