| Page | ||
|---|---|---|
| Report ofthe Trustees | 1 to 3 | |
| Report ofthe Independent | Examiner | |
| Statement ofFinancial Activities | ||
| Balance Sheet | ||
| Notes to the Financial Statements | 7 to 10 |
| 30Sept 2020 | 30 Sept 2019 | 30 Sept 2019 | |||||
|---|---|---|---|---|---|---|---|
| General fund | Roy Porter Fund | Total funds | Total | funds | |||
| (Unrestricted) | (Unrestricted) | ||||||
| Notes | |||||||
| INCOMING RESOURCES | |||||||
| Investment income |
61,619 | 6,536 | 68,155 | 62,391 | |||
| Other income | |||||||
| Total incoming resources | 61,619 | 6,536 | 68,155 | 62,391 | |||
| RESOURCES EXPENDED | |||||||
| Charitable activities |
|||||||
| Grants to participants in Pastoral Assistant |
Schemes | 23,550 | 23,550 | 33,050 | |||
| Grants to UK ordinands and clergy |
7,924 | 7,924 | 17,771 | ||||
| Grants to overseas ordinands | and clergy | 3,110 | 3,110 | ||||
| Support costs | 11,388 | ' 11,388 | 11,276 | ||||
| Total resources expended | 42,862 | 3,110 | 45,972 | 62,097 | |||
| NET INCOMING/(OUTGOING) | |||||||
| RESOURCES | 18,757 | 3,426 | 22,183 | 294 | |||
| Other recognised gains/ losses |
|||||||
| Gains/ (losses) on investment | assets | 95,172 | 10,095 | 105,267 | 106,761 | ||
| Net movement in funds |
113,929 | 13,521 | 127,450 | 107,055 | |||
| RECONCILIATION OF FUNDS | |||||||
| Total funds brought forward | 1,688,191 | 173,712 | 1,861,903 | 1,754,848 | |||
| TOTAL FUNDS CARRIED | FORWARD | 1,802,120 | 187,233 | 1,989,353 | 1,861,903 |
| 30Sept 2020 | 30 Sept 2019 | |||
|---|---|---|---|---|
| Total funds | Total funds | |||
| (Unrestricted) | (Unrestricted) | |||
| Notes | ||||
| FIXEDASSETS | ||||
| Investments | 1,909,912 | 1,804,646 | ||
| CURRENT ASSETS | ||||
| Debtors | ||||
| Cash at bank | 80,429 | 58,145 | ||
| CREDITORS | ||||
| Amounts falling due within one year |
(988) | (888) | ||
| NET CURRENT ASSETS/(LIABILITIES) | ||||
| 79,441 | 57,256 | |||
| TOTAL ASSETSLESSCURRENT | ||||
| LIABILITIES | 1,989,353 | 1,861,903 | ||
| FUNDS | ||||
| General Fund capital | 1,714,888 | 1,619,716 | ||
| General Fund income | 87,232 | 68,475 | ||
| General Fund total | 1,802,120 | 1,688,191 | ||
| The Roy Porter Fund Expendable | endowment | 163,374 | 153,279 | |
| The Roy Porter Fund Income | 23,859 | 20,433 | ||
| TOTAL FUNDS (UNRESTRICTED) Approved by the Trustees on 7 July 2021 ChF.'~ |
1,989,353 | 1,861,903 | ||
| Dr Colin Podmore MBE | ||||
| Chairman |
| 2. | INVESTMENT INCOME | ||||
|---|---|---|---|---|---|
| 30Sept 2020 | 30 Sept 2019 | ||||
| Income from investments | 68,155 | 62,391 | |||
| 3. | CHAImABLE ACTIVITIES | ||||
| 30Sept 2020 | 30 Sept 2019 | ||||
| Grants to participants in Pastoral |
Assistant | schemes: | |||
| North London | 8,500 | 13,500 | |||
| Pusey House | 6,050 | 6,050 | |||
| St Michael Croydon | 9,000 | 9,500 | |||
| St Stephen Lewisham | 1,000 | ||||
| Colgate &Roffey PCC | 3,000 | ||||
| Grants to UK ordinands and clergy |
7,924 | 17,771 | |||
| Grants to overseas ordinands and clergy: |
|||||
| Bishop Gaul College, Harare | 579 | ||||
| Diocese ofKoforidua, | Ghana | 2,531 | |||
| 34,584 | 50,821 | ||||
| 4. | GOVERNANCE AND SUPPORT COSTS |
||||
| 30Sept 2020 | 30 Sept 2019 | ||||
| Administration, office and meeting costs |
9,053 | 8,549 | |||
| Trustees' expenses reimbursed |
1,297 | 1,839 | |||
| Independent examiner's remuneration |
1,038 | 888 | |||
| 11,388 | 11,276 |
| MARKET VALUE | |
|---|---|
| At 1 October 2019 | 1,804,645 |
| Revaluation | 105,267 |
| At 30 September 2020 | 1,909,912 |
| NET BOOKVALUE | |
| At 30 September 2020 | 1,909,912 |
| At 30 September 2019 | 1804 645 |
| 30Sept 2020 | 30 Sept 2019 | |||
|---|---|---|---|---|
| Grants payable | ||||
| Accruals | 988 | 888 | ||
| 988 | 888 | |||
| MOVEMENTS | IN FUNDS | |||
| 30 Sept 19 | Net additions | 30 Sept 20 | ||
| Unrestricted | funds | |||
| General Fund | capital | 1,619,716 | 95,172 | 1,714,888 |
| General Fund | income | 68,475 | 18,757 | 87,232 |
| Restricted funds | ||||
| Roy Porter Fund Capital | 153,279 | 10,095 | 163,374 | |
| Roy Porter Fund income | 20,433 | 3,426 | 23,859 | |
| Total funds | 1,861,903 | 127,450 | 1,989,353 |
| Incoming | Outgoing | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | resources | losses | in funds | ||
| Unrestricted | funds | ||||
| General Fund | capital | 95,172 | 95,172 | ||
| General Fund | income | 61,619 | (42,862) | 18,757 | |
| Restricted funds | |||||
| Roy Porter Fund Capital | 10,095 | 10,095 | |||
| Roy Porter Fund income | 6,536 | (3,110) | 3,426 | ||
| Total funds | 68,155 | (45,972) | 105,267 | 127,450 |