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|Principal Address|Principal Address|City United<br>Reformed|City United<br>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<br>Road|||||
|||Cardiff|||||
|||CF24 OTW|||||
|Investment|Managers|CCLA Investment|Management||Limited||
|||80 Cheapside|||||
|||LONDON|||||
|||EC2V6DZ|||||
|Accountants||Williams Ross Limited|||||
|||4Ynys Bridge Court|||||
|||Gwaelod<br>y Garth|||||
|||Cardiff|||||
|||CF159SS|||||





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|||||Page|
|---|---|---|---|---|
|Trustees' Annual<br>Report|||||
|Independent<br>Examiner's|Report||||
|Income Account|||||
|Balance sheet|||||
|Notes forming<br>part ofthe|financial statements|||5-6|
|Detailed income and expenditure||account - Income account|||
|Note: Page 7does not form part||ofthe statutory|accounts||





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||||||2020||2019||
|---|---|---|---|---|---|---|---|---|
||||Note|f|Restricted<br>F|F|Restricted<br>f||
|INCOME|||||||||
|Investment<br>Income|||||||||
|Dividends<br>and distributions||received|2||32,463||33,773||
|Bank interest received|||||49|||123|
||||||32,512||33,896||
|EXPENDITURE|||||||||
|Charitable<br>activities|||||||||
|City United Reformed|Church distribution|||32,000||36,500|||
|Accountancy<br>fees||||432||432|||
|Charitable<br>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<br>offunds|||||||||
|Balances at beginning||ofyear|||904,776||822,|062|
|Balances at end ofyear|||||930,829||819,026||





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|Analysis ofdiv|idend|s||and d|istrib|utions<br>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<br>gain/(loss)|||on investment|||||||
|from change<br>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|





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## 

|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<br>f|Income<br>f|Expenditure<br>f|movements<br>f|At 31Dec.2020<br>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<br>and distributions||received||32,463||33,773|
|Interest (gross)||||49||123|
|||||32,512||33,896|
|Less: RESOURCES EXPENDED|||||||
|Accountancy<br>fees|||432||432||
|Charitable<br>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<br>FUND at|1stJanuary 2020|||18,303||21,339|
|ACCUMULATED<br>FUND at|31st December 2020|||18,383||18,303|