| Principal Address | Principal Address | City United Reformed |
City United Reformed |
Church | ||
|---|---|---|---|---|---|---|
| Windsor Place | ||||||
| Cardiff | ||||||
| CF103BZ | ||||||
| Custodian | Trustee | The United Reformed | Church | (Wales) Trust Company | Limited | |
| Managing | Trustees | Alison Tansom | ||||
| Catherine Jones | ||||||
| Johann TeWater | Naude | |||||
| Revd Simon Walkling | ||||||
| David Richard Meek | ||||||
| Dr Nici Lintern Gittens | ||||||
| lain Scott | ||||||
| Bankers | Lloyds TSB | |||||
| 45 Newport Road |
||||||
| Cardiff | ||||||
| CF24 OTW | ||||||
| Investment | Managers | CCLA Investment | Management | Limited | ||
| 80 Cheapside | ||||||
| LONDON | ||||||
| EC2V6DZ | ||||||
| Accountants | Williams Ross Limited | |||||
| 4Ynys Bridge Court | ||||||
| Gwaelod y Garth |
||||||
| Cardiff | ||||||
| CF159SS |
| Page | ||||
|---|---|---|---|---|
| Trustees' Annual Report |
||||
| Independent Examiner's |
Report | |||
| Income Account | ||||
| Balance sheet | ||||
| Notes forming part ofthe |
financial statements | 5-6 | ||
| Detailed income and expenditure | account - Income account | |||
| Note: Page 7does not form part | ofthe statutory | accounts |
| 2020 | 2019 | |||||||
|---|---|---|---|---|---|---|---|---|
| Note | f | Restricted F |
F | Restricted f |
||||
| INCOME | ||||||||
| Investment Income |
||||||||
| Dividends and distributions |
received | 2 | 32,463 | 33,773 | ||||
| Bank interest received | 49 | 123 | ||||||
| 32,512 | 33,896 | |||||||
| EXPENDITURE | ||||||||
| Charitable activities |
||||||||
| City United Reformed | Church distribution | 32,000 | 36,500 | |||||
| Accountancy fees |
432 | 432 | ||||||
| Charitable donation |
||||||||
| (32,432) | (36,932) | |||||||
| Net gains I(losses) on | investments | |||||||
| Unrealised | 25,973 | |||||||
| Realised | ||||||||
| 25,973 | ||||||||
| Net income I(expenditure) | 26,053 | (3,036) | ||||||
| Reconciliation offunds |
||||||||
| Balances at beginning | ofyear | 904,776 | 822, | 062 | ||||
| Balances at end ofyear | 930,829 | 819,026 |
| Analysis ofdiv | idend | s | and d | istrib | utions received |
||||
|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2019 | ||||||||
| F | F | ||||||||
| COIF Charities | Fixed | Interest | Fund | units - 35,173.50 (2019 - 35,173.50) | 1,562 | 1,562 | |||
| COIF Charities | Property | Fund | units | - 73,552.98(2019 - 73,552.98) | 12,214 | 13,934 | |||
| COIF Charities | Ethical | Inverstment | Fund units - 227611.04 (2019 - 227611.04) | 18,687 | 18,277 | ||||
| 32,463 | 33,773 | ||||||||
| Investments | |||||||||
| Fixed | Ethical | ||||||||
| Interest | Property | Investment | |||||||
| Fund | Fund | Fund | Total | ||||||
| F | E | E | f | ||||||
| At 1 January 2020 | 48,381 | 253,694 | 590,651 | 892,726 | |||||
| Unrealised gain/(loss) |
on investment | ||||||||
| from change in |
value | 1,629 | (12,802) | 37,146 | 25,973 | ||||
| Realised gain/(loss) | on | investment | from | ||||||
| disposal of investment | in year | ||||||||
| At 31 December | 2020 | 50,010 | 240,892 | 627,797 | 918,699 |
| lysis of | net | assets b | etween funds | |||
|---|---|---|---|---|---|---|
| Nm Current | ||||||
| assets I | ||||||
| Investments | (llablliaes) | Total | ||||
| f | f | |||||
| Restricted | — | Capital | fund | 912,445 | 912,445 | |
| Income | fund | 6,254 | 12,130 | 18,384 | ||
| 918,699 | 12,130 | 930,829 |
| caner | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| At | t Jan. 2020 f |
Income f |
Expenditure f |
movements f |
At 31Dec.2020 f |
||||
| Restricted | - | Capital | fund | 886,472 | 25,973 | 912,445 | |||
| Income | fund | 18,304 | 32,512 | 32,432 | 18,384 | ||||
| 904,776 | 32,512 | 32,432 | 25,973 | 930,829 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| INCOMING RESOURCES | ||||||
| Dividends and distributions |
received | 32,463 | 33,773 | |||
| Interest (gross) | 49 | 123 | ||||
| 32,512 | 33,896 | |||||
| Less: RESOURCES EXPENDED | ||||||
| Accountancy fees |
432 | 432 | ||||
| Charitable donation |
||||||
| (432) | (432) | |||||
| Surplus of Income | 32,080 | 33,464 | ||||
| Less: DISTRIBUTIONS | ||||||
| City United Reformed | Church | 32,000 | 36,500 | |||
| (32,000) | (36,500) | |||||
| Surplus I(deficit) forthe year | 80 | (3,036) | ||||
| ACCUMULATED FUND at |
1stJanuary 2020 | 18,303 | 21,339 | |||
| ACCUMULATED FUND at |
31st December 2020 | 18,383 | 18,303 |