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2021-12-31-accounts

Page
Report ofthe Trustees 1 to 3
Independent
Examiner's		 Report
Statement ofFinancial
Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow Statement
Notes to the Financial Statements 9 to 14
Detailed Statement ofFinancial Activities

For T he Year Ended 31 Decembe r 2021
31.12.21 31.12.20
Unrestricted Total
funds funds
Notes
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 18,419 22,470
Investment
income		 10,353 3,389
Total 28,772 25,859
EXPENDITURE ON
Charitable
activities
Grants payable 112,742 128,020
Governance
costs		 5,333 3,257
Total 118,075 131,277
Net gains on invesnnents 12,987 7,628
NET INCOME/(EXPENDITURE) (76,316) (97,790)
RECONCILIATION OF FUNDS
Total funds brought fonvard 1,398,725 1,496,515
TOTAL FUNDS CARRIED FORWARD 1,322,409 1,398,725

Barnabas Charitable Trust
Balance Sheet
31December 2021
31.12.21 31.12.20
Unrestricted Total
funds funds
Notes f.
FIXEDASSETS
Inveshnents
Investments 168,730 143,584
Social investments ~664 500 ~734 980
833,230 878,564
CURRENT ASSETS
Debtors 10 620 1,014
Cash at bank ~490 259 521 007
490,879 522,021
CREDITORS
Amounts
falling due within one year		 (1,700) (1,860)
NKT CURRENT ASSETS 489 179 ~520 161
TOTAL ASSETSLESSCURRENT
LIABILITIES 1,322,409 1,398,725
NET ASSETS ~1322 409 ~1398725
FUNDS 12
Unrestricted
funds		 ~1322409 ~1398725
TOTAL FUNDS I 322409 ~1398725

Cash Flow Stateinent
For The Year Ended 31 December 2021
31.12.21 31.12.20
Notes f.
Cash flows from operating
activities
Cash generated
fiom operations		 (89,069) (105,431)
Net cash used in operating
activities		 (89,069) (105,431)
Cash flows from investing
activities
Purchase offixed asset investments (23,711) (27,072)
Purchase ofsocial investments (100,000)
Saleoffixed asset investments 24,539 53,165
Saleofsocial investments 70,480 171,108
Revaluation offixed asset investments (12,987) (7,628)
Net cash provided
by investing
activities		 58,321 89,573
Change in cash and cash equivalents in
the reporting
period		 (30,748) (15,858)
Cash and cash equivalents
at the
beginning
ofthe reporting
period		 521,007 536,865
Cash and cash equivalents
at the end		 of
the reporting
period		 490,259 521,007

RECONCILIATION
OFNET E
ACTIVITIES		 XPENDITURE TO NET CASH FLOW FROM OPERATING
31.12.21 31.12.20
Net expenditure
for the reporting		 period (as per the Statement of
Financial
Activities)		 (76,316) (97,790)
Adjustments
for:
Gain on investments (12,987) (7,628)
Decrease in debtors 394 106
Decrease
in creditors		 (160) (119)
Net cash used in operations (89069) (105431)

ANALYSIS OFCHANGES IN NET F UNDS
At 1.1.21 Cash flow At 31.12.21
f.
Net cash
Cash at bank 521,007 (30,748) 490,259
521,007 (30,748) 490,259
Total 521,007 (30,748) 490,259

DONATI ONS
AND		 LEGACIES
31.12.21 31.12.20
f,
Donations and gifls 2,358 2,076
Gift aid tax retxiverable 61 394
Legacies 16,000 20,000
18,419 22,470
3. INVESTMENT INCOME
31.12.21 31.12.20
Mortgage uplifl 6,400
Interest and dividends income 3,953 3,389
10,353 3,389

4. CHARITA BL E ACT IVITIES COSTS
Grant
funding of
activities Support
(see note costs (see
5) note 6) Totals
Grants payable 112,742 112,742
Governance costs 5,333 5,333
112,742 5,333 118,075
5. GRANTS PAYABLE
31.12.21 31.12.20
Grants payable 112,742 128,020
6. SUPPORT COSTS
Governance
costs
Governance costs 5,333
Support costs, included in the above, are as follows:
31.12.21 31.12.20
Governance Total
costs activities
f.
Trustees'
remuneration		 etc 128
Investment management costs 1,462 1,442
Legal fees 1,996
Administration expenses 284 217
Independent examiners remunera tion 1,591 1,470
5,333 3,257

Listed
investntents
MARKET VALUE
At I January 2021 143,584
Additions
at cost		 23,711
Disposals at carrying value (11,552)
Net gain/(loss)
on revaluation		 12,987
At 31 December 2021 168,730
NET BOOK VALUE
At 31 December 2021 168,730
At 31 December 2020 143,584
There were no investment assets outside the UK.
Cost or valuation
at 31 December 2021 is represented		 by:
Listed
investments
f.
Valuation
in 2021		 168,730
9. SOCIAL INVESTMENTS
Concessionary
loans
MARKET VALUE
At I January 2021 734,980
Repayments
in year		 (70,480)
At 31 December 2021 664,500
NET BOOK VALUE
At 31 December 2021 664,500
At 31 December 2020 734,980

31,12.21 31.12.20
Sundry 620 1,014
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
Other creditors 1,700 1,860
12. MOVEMENT IN FUNDS
MOVE ME NT
IN FUNDS
Net Transfers
movement between At
At 1.1.21 in funds funds 31.12.21
Unrestricted funds
General fund 1,296,265 (76,316) 14,800 1,234,749
Designated fund 102,460 (14,800) 87,660
1,398,725 (76,316) 1,322,409
TOTAL FUNDS 1,398,725 (76,316) 1,322,409
Incoming Resources Gains and Movement
resources expended losses in funds
8
Unrestricted funds
General fund 28,772 (118,075) 12,987 (76,316)
TOTAL FUNDS 28,772 (118,075) 12,987 (76,316)
Comparatives for movement in funds
Net Transfers
movement between At
At 1.1.20 in funds funds 31.12.20
Unrestricted funds
General fund 1,312,355 (97,790) 81,700 1,296,265
Designated fund 184,160 (81,700) 102,460
1,496,515 (97,790) 1,398,725
TOTAL FUNDS 1,496,515 (97,790) 1,398,725

Incoming Resources Gains and Movement
resources expended losses in funds
Unrrntricted funds
General fund 25,859 (131,277) 7,628 (97,790)
TOTAL FUNDS 25,859 (131,277) 7,628 (97,790)