| Trustees | G RAdams (Accountant | G RAdams (Accountant | Trustee) | Trustee) | |
|---|---|---|---|---|---|
| T D Sorby (Solicitor) | |||||
| D Gough (Vicar) | |||||
| Registered | Charity Number | 501315 | |||
| Principal Address | Sunnyside | ||||
| 11 Sparken Hill |
|||||
| Worksop | |||||
| Nottinghamshire | |||||
| S80 1AX | |||||
| Bankers | National Westminster |
Bank pic | |||
| 69 Bridge Street | |||||
| Worksop | |||||
| Nottinghamshire | |||||
| S80 1DG | |||||
| Investment | Advisers | Barclays Investment | Solutions | Limited | |
| 1 Churchill Place |
|||||
| Canary Wharf | |||||
| London | |||||
| E145HP | |||||
| Independent | Examiner | C Gillatt FCCA | |||
| N Williamson &Co |
|||||
| Chartered Certified Accountants |
|||||
| 21 Potter Street | |||||
| Worksop | |||||
| Nottinghamshire | |||||
| S802AE |
| Financial Review (continued) |
|||||||
|---|---|---|---|---|---|---|---|
| 2022f | 2021f | ||||||
| Summary of Distributable Income |
|||||||
| Net income for the year after Management | and | ||||||
| Administration Costs |
31,172 | 32,507 | |||||
| Undistributed income brought forward |
37,065 | 45,308 | |||||
| Net Income available for distribution |
68,237 | 77,815 | |||||
| Distributions during the year for the |
benefit | ofSt Anne's | Church | ||||
| in accordance with the terms of the |
Trust Deed | 28,945 | 40,750 | ||||
| Balance of Income to be distributed | in | the following year | 39,292 | 37,065 | |||
| Valuation of Investments |
|||||||
| The movement in the unrealised gains/(losses) |
on investments | ||||||
| during the year is as follows:- | |||||||
| Unrealised gains at beginning of year |
151,027 | (52,740) | |||||
| Profit/(Loss) on realisations during the |
year | 14,046 | 10,792 | ||||
| 136,981 | (41,948) | ||||||
| Net increase/(decrease) in unrealised |
gains | during the year | 67,003 | 192,975 | |||
| Unrealised gains/(losses) at end of |
year | 203,984 | 151,027 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| UNRESTRICTED FUNDS | |||||
| RECEIPTS | |||||
| Receipts from Assets and Investments | |||||
| Interest —Fixed Interest Stocks |
10,589 | 9,033 | |||
| National Westminster |
Bank | Pic | 5 | 18 | |
| Dividends - Equities and Unit Trusts |
21,568 | 24,518 | |||
| TOTAL RECEIPTS | 32,162 | 33,569 | |||
| PAYMENTS | |||||
| Charitable Activities: |
|||||
| Distributions in accordance |
with the terms | ||||
| of the Trust Deed | 28,945 | 40,750 | |||
| Governance Costs: |
|||||
| Accountancy charges |
990 | 1,062 | |||
| TOTAL PAYMENTS | 29,935 | 41,812 | |||
| NET RECEIPTS/(PAYMENTS) | FOR | THE YEAR | 2,227 | (8,243) | |
| Cash Funds Last Year End | 45,571 | 53,814 | |||
| CASH FUNDS THIS YEAR END | 47,798 | 45,571 | |||
| ENDOWMENT | FUNDS | ||||
| RECEIPTS | |||||
| Proceeds from Asset and Investment | sales | 179,775 | 511,924 | ||
| PAYMENTS | |||||
| Asset and Investment purchases |
167,626 | 487,493 | |||
| Investment Management charges |
11,280 | 9,922 | |||
| NET RECEIPTS/(PAYMENTS) | 869 | 14,509 | |||
| Cash Funds Last Year End | 21,503 | 6,994 | |||
| CASH FUNDS THIS YEAR END | 22,372 | 21,503 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Unrestricted | Endowment | ||||
| Funds | Funds | Funds | Funds | ||||
| 6 | 6 | ||||||
| CASH FUNDS | |||||||
| Barclays Wealth | 1,335 | 22,372 | 1,607 | 21,503 | |||
| National Westminster | Bank Pic | ||||||
| - Instant Saver Account | 41,081 | 39,072 | |||||
| -Current Account | 4,532 | 3,840 | |||||
| Vicar's Discretionary | Fund | 850 | 1,052 | ||||
| 47,798 | 22,372 | 45,571 | 21,503 | ||||
| INVESTMENT ASSETS | |||||||
| Investment Porffolio |
managed | ||||||
| by Barclays Wealth | |||||||
| - Cost | 1,031,534 | 1,029,637 | |||||
| - Market Value | 1,235,518 | 1,180,664 | |||||
| LIABILITIES | |||||||
| investment Management |
charges | 2,833 | 2,701 | ||||
| Accountancy | 1,050 | 990 | |||||
| 3,883 | 3,691 |