| Principal | Address | 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 Te Water | Naude | ||||||
| Revd Simon Walkling | |||||||
| David Richard Meek | |||||||
| Dr Nici Lintern Gittens | |||||||
| lain Scott | |||||||
| Bankers | Lloyds TSB | ||||||
| 45 Newport Road |
|||||||
| Cardiff | |||||||
| CF24 OTW | |||||||
| Investment | Managers | COLA Investment | Management | Limited | |||
| 80Cheapside | |||||||
| LONDON | |||||||
| EC2V 6DZ | |||||||
| 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 | ||
| Detailed income |
and expenditure | account - Income account |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Note | Restricted | Restricted | |||||
| 8 | 5 | ||||||
| INCOME | |||||||
| Investment Income |
|||||||
| Dividends and distributions |
received | 2 | 32,458 | 32,463 | |||
| Bank interest received | 4 | 49 | |||||
| 32,462 | 32,512 | ||||||
| EXPENDITURE | |||||||
| Charitable activities |
|||||||
| City United Reformed | Church | distribution | 32,000 | 32,000 | |||
| Accountancy fees | 432 | 432 | |||||
| Charitable donation |
|||||||
| (32,432) | (32,432) | ||||||
| Net gains I(losses) on | investments | ||||||
| Unrealised | 115,556 | 25,973 | |||||
| Realised | |||||||
| 115,556 | 25,973 | ||||||
| Net income I(expenditure) | 115,586 | 26,053 | |||||
| Reconciliation offunds |
|||||||
| Balances at beginning | ofyear | 930,829 | 904,776 | ||||
| Balances at end ofyear | 1,046,415 | 930,829 |
| Notes | f | 2021 f |
2021 f |
2020 f |
|||
|---|---|---|---|---|---|---|---|
| INVESTMENTS | 1,034,255 | 918,699 | |||||
| CURRENT ASSETS | |||||||
| Cash at bank and in hand |
12,590 | 44,994 | |||||
| 12,590 | 44,994 | ||||||
| LESS:CURRENT LIABILTIES | 430 | 32,864 | |||||
| NET CURRENT ASSETS | 12,160 | 12,130 | |||||
| TOTAL NET ASSETS | 1,046,415 | 930,829 | |||||
| Representing: | |||||||
| RESTRICTED FUNDS | |||||||
| Capital account | 1,028,001 | 912,445 | |||||
| Income account | 18,414 | 18,384 | |||||
| TOTAL FUNDS | 1,046,415 | 930,829 | |||||
| These financial statements their behalf b: |
were approved | by the Board | ofTrustees | yif JNJi 4I'5Z on ..........-.."..".Ii.......... |
and signed on |
| Investments | |||||||
|---|---|---|---|---|---|---|---|
| Fixed | Ethioal | ||||||
| Interest | Property | Investment | |||||
| Fund f |
Fund f |
Fund f |
Totalf | ||||
| At 1 January 2021 | 50,010 | 240,892 | 627,797 | 918,699 | |||
| Unrealised gain/(loss) |
on investment | ||||||
| from change in value |
(3,293) | 34,314 | 84,535 | 115,556 | |||
| Realised gain/(loss) | on investment | from | |||||
| disposal of investment | in year | ||||||
| At 31 December 2021 | 46,717 | 275,206 | 712,332 | 1,034,255 |
| lysis of net | assets between funds | |||
|---|---|---|---|---|
| lect current | ||||
| assets I | ||||
| Investments | (liabilities) | Total | ||
| f | ||||
| Restricted - | Capital fund | 1,028,001 | 1,028,001 | |
| Income fund | 6,254 | 12,160 | 18,414 | |
| 1,034,255 | 12,160 | 1,046,415 |
| vement o |
n fu | nds | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Other | |||||||||
| At | 1Jan. 2021 | Income | Expenditure | movements | At 21 Oec. 2021 | ||||
| f | f | f. | |||||||
| Restricted | - | Capital | fund | 912,445 | 115,556 | 1,028,001 | |||
| Income | fund | 18,384 | 32,462 | 32,432 | 18,414 | ||||
| 930,829 | 32,462 | 32,432 | 115,556 | 1,046,415 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| INCOMING RESOURCES | |||||
| Dividends and distributions |
received | 32,458 | 32,463 | ||
| Interest (gross) | 4 | 49 | |||
| 32,462 | 32,512 | ||||
| Less: RESOURCES EXPENDED | |||||
| Accountancy fees |
432 | 432 | |||
| Charitable donation |
(432) | ~4323 | |||
| Surplus of Income | 32,030 | 32,080 | |||
| Less: DISTRIBUTIONS | |||||
| City United Reformed | Church | 32,000 | 32,000 | ||
| 32,000) | (32,000) | ||||
| Surplus / (deficit) for the year |
30 | 80 | |||
| ACCUMULATED FUND at |
1st January 2021 | 18,384 | 18,304 | ||
| ACCUMULATED FUND at |
31stDecember 2021 | 18,414 | 18,384 |