| Page | |||
|---|---|---|---|
| Reference and Administrative Detads ofthe Charity, |
Its Trustees and Advisers | ||
| Trustees' Report |
2-5 | ||
| independent Examiner's |
Report | ||
| Statement of Financhd | Activities | ||
| Balance Sheet | |||
| Notes to the Financial Statements | 9 - 21 |
| REFERENCE AND | REFERENCE AND | ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS | ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS | ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS | ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS | ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS |
|---|---|---|---|---|---|---|
| FOR THE YEAR | ENDED 31DECEMBER 2020 | |||||
| Baroness Jane Willoughby de Eresby D,L,, President |
||||||
| Mrs Penny Milnes | ||||||
| Mr Nate Carnamae, | B.A., F.C.A, Treasurer | |||||
| The Lord Bishop of Lincoln, The Right Reverend | Christopher | Lowson | ||||
| Mr Graham Cook, B.A. | , B.Arch, Hon. Secretary | |||||
| klks Mons Dickinson | ||||||
| Reverend Michael Cartwright |
||||||
| Mr Jeffrey Couzens | ||||||
| Mr Nicholas Ridley |
||||||
| Mrs Henrietta Reeve, |
D,L, Chairman | |||||
| Mr William Cracroft-Ely | ||||||
| Mr Geoffrey Horsfail | ||||||
| Mrs Linda Lord, B.Sc., | F.C.A., T.E.P, Assistant | Treasurer | ||||
| Ms Jane Ford | ||||||
| Charity registered | ||||||
| number | 509021 | |||||
| Principal office | Tower House | |||||
| Lucy Tower Street | ||||||
| LN1 1XW | ||||||
| Accountants | Slreets LLP | |||||
| Tower House | ||||||
| Lucy Tower Street | ||||||
| Lincoln | ||||||
| LN1 1XW | ||||||
| Bankers | National Westminster | Bank pic | ||||
| 225 High Street | ||||||
| Lincoki | ||||||
| LN2 1AZ | ||||||
| Bank ofScotland | ||||||
| Ground Floor East | ||||||
| New Uberior House | ||||||
| 11Earl Grey Street | ||||||
| Edinburgh | ||||||
| EH3 9BN | ||||||
| Independent | Examiner | FJF M Dymoke Esq., | DL |
| the Sponsored Cyds Ride organised |
and | finan | finan | ced | by the T |
|---|---|---|---|---|---|
| Grants were approved to the following |
ins | tituti | on s | ||
| institution | E | ||||
| Bassingham -StMichael and All Angels |
3,000 | ||||
| Barrowby - All Saints | 3,000 | ||||
| Burton le Goggles - StThomas of Canterbu | ry | 3,000 | |||
| Little Bytham - St Hedard and St Gildard | 1.600 | ||||
| Mumby - StThomas ofCanterbury | 2,500 | ||||
| Bdlinghay - St. Michael and All Angels | 1,000 | ||||
| West Deepmg - St, Andrew | 3000 | ||||
| Henvngby - SL Margaret |
1 500 | ||||
| Lee Methodist Church |
1,000 | ||||
| High Toynton - St. John the Baptist | 2,000 | ||||
| Atkngton - Holy Trinity |
1,500 | ||||
| A%borough -St.John the Baptist |
1,250 | ||||
| Roughton - St. Margaret |
1,500 | ||||
| Scrivelsby - St. Benedrct | 4,000 | ||||
| Braceby - St, Margaret | 3,000 | ||||
| Heckington - St.Andrew | 1,750 | ||||
| Hammeringhem -All Saints |
1,500 | ||||
| Skrliington - StJames | 2,300 | ||||
| Total | 38,300 |
| Restricted | Unrestricted | Total | Toiei | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2020 | 2020 | 2020 | 2019 | ||
| Note | 6 | 5 | |||
| Income from: | |||||
| Donations and legacies |
6,552 | 6,552 | 7,878 | ||
| Other trading activhtes |
24,619 | 24,619 | 31,489 | ||
| Investments | 9,177 | 11,355 | |||
| Total income | 40,34840,34$ | 50,720 | |||
| Expenditure on: |
|||||
| Raisrng funds | 8,7 | 4v485 | 4,465 | 8,142 | |
| Chanteys activibes |
8 | 68,381 | 65,381 | 75.587 | |
| Total expenditure | 5$,84$ | 83,729 | |||
| Net gains on investments | 46,856 | ||||
| Net movement In funds |
(1$,503) | (18,503) | 13,547 | ||
| Reconciliation offunds: |
|||||
| Total funds brought forvvard |
2,000 | 523,153 | 526,153 | 511,506 | |
| Net movement in funds |
(1$,503) | (18,503) | 13,547 | ||
| Total funds carried forward | 2,000 | 504,660 | 506,650 | 525,153 |
| Unrestricted | Total | Total |
|---|---|---|
| funds | funds | funds |
| 2020f | 2020 | 2019f |
| 6,552 | d,dd2 | 7,876 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2020f | 2020f | 2019f | |||
| Cycle ride | 21,622 | 21,622 | 22,796 | ||
| Garden openings | 2,537 | ||||
| Bishop's tour | 300 | ||||
| Summer party |
2,023 | ||||
| Card and calendar | sales | 1,864 | 1,884 | 2,473 | |
| Autumn party |
249 | ||||
| Art competitnn | 511 | ||||
| St Wulfram's | spring | lecture | 800 | ||
| Exhibi5on lreasurers | of5ur royal marriage | 1,133 | 1,133 | ||
| 24,619 | 24,618 | 3f489 |
| Unrsstrtcted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2020f | 2020f | 2019 | |
| UK quoted investments | 7,684 | 7,884 | I0,002 |
| Bank Interest | 1,493 | 1~3 | 1,353 |
| 9,177 | 9,177 | IL355 |
| Unrestrtcted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2020 | 2020 | 2019 | |||
| E | E | E | |||
| Cyde ride sdn1rustraten | 184 | 1,784 | |||
| Summer | party | 45 | |||
| Bishops | tour | 250 | |||
| Garden | openings | 710 | 710 | 650 | |
| insurance of |
events | 601 | 801 | 568 | |
| Christmas cards and caiendars |
1,043 | ||||
| Autumn | party | 215 | |||
| St Wulfrsms | Lecture | 223 | |||
| Art competition | 532 | ||||
| 1,640 | 4,909 |
| Unrestricted | Total | Torsi | |||
|---|---|---|---|---|---|
| funds | funds | runCh | |||
| 2020 | 2020 | 20f9 | |||
| E | E | E | |||
| Investment | management | fees | 2,925 | 2,926 | 3,233 |
| Unrestricted | Total | Total |
|---|---|---|
| funds | funds | funds |
| 2020 | 2020 | 2019 |
| E | E | |
| 55,381 | 75,587 |
| Actlv idea | ||
|---|---|---|
| undertaken | Support | Total |
| directly | costs | funds |
| 2020 | 2020 | 2020 |
| E' | E | E |
| 47,697 | 7,684 | 55,381 |
| Ac(ivr(ias | ||||||
|---|---|---|---|---|---|---|
| undertaken | Support | Total | ||||
| drfac5y | cos(s | funds | ||||
| 2019 | 2019 | 2019 | ||||
| E | ||||||
| Prasarvaten | ofchurches | in | Lincoinahira | 63,809 | 11,778 | 75,587 |
| Prese(vatic | |||||||
|---|---|---|---|---|---|---|---|
| nof | Total | Total | |||||
| Churches | funda | funds | |||||
| 2020 E |
2020 E |
2019f | |||||
| Grants | lo | churches | 38,300 | 38,300 | 52,950 | ||
| Cycle | ride | distribubon | to | churches | 9,397 | S,397 | 10,859 |
| 47,697 | 47,897 | 83,809 |
| Preservado | |||||
|---|---|---|---|---|---|
| nof | Total | Total | |||
| Churches | funds | funds | |||
| 2020 | 2020 | 2019 | |||
| 8 | |||||
| Accountancy | fess - administration | 2,880 | 2,880 | 3,780 | |
| Accountancy | fees.accountancy | 3,120 | 3,120 | 3,240 | |
| Printing, | postage and stationery | 1,684 | 1,884 | 1,909 | |
| Irrecoverable | gift sid | 2,849 | |||
| 7,684 | 7,884 | 11,778 |
| 11, | Fixed asset Investments | Fixed asset Investments | ||
|---|---|---|---|---|
| Listed | ||||
| investmentsf | ||||
| Cost or valuation | ||||
| At 1 January 2020 | 355,681 | |||
| Additrons | 34,588 | |||
| Disposals | (46,313) | |||
| Reveluabons | 8,822 | |||
| At 31December 2020 | 353,488 | |||
| Net book value | ||||
| At 31December 2020 | ||||
| At 31December 2019 | 355591 | |||
| 12, | Stocks | |||
| 2020 8 |
2019 f |
|||
| Finished goods and goods for resale | 1,588 | I,54I | ||
| 13. | Debtors | |||
| 2020f | 2019 | |||
| Due within one year | ||||
| Cycle ride contributions | outstanding | 1,231 | 3,083 | |
| income tax recoverable | 2,384 | r,433 | ||
| Donations | 1,121 | 1,670 | ||
| 4,718 | 6,186 |
| 2020 | 2019 | |
|---|---|---|
| 5 | ||
| Grants awaiting call | 22,550 | 37,750 |
| Accruals | 4428 | 4830 |
| 28,378 | 42,550 |
| Statement | of funds (continued) | of funds (continued) | of funds (continued) | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Statement | offunds - prior year | ||||||||
| Balance al | |||||||||
| Ba(ance al | 31 | ||||||||
| 1 Jan62ar)r | Gains' | December | |||||||
| 2019 E |
income f |
Expendilure E |
(Losses) E |
2019 E |
|||||
| Unrestdctad | funds | ||||||||
| Designated | funds | ||||||||
| Management | Reserve | 311,989 | 43,&02 | 355,591 | |||||
| General funda | |||||||||
| General Funds | 197,517 | 50,720 | (83,729) | 3,054 | 167,582 | ||||
| 7 ttt0 | tddt | dt | M | 509505 | 60720 | 7537297 | 45656 | 523753 | |
| Restncted | funds | ||||||||
| Restricted | Fund | 2,000 | |||||||
| Total offunds | 511,506 | 50,720 | (83,729) | 48,&56 | 525,153 | ||||
| Sumlnary | offunds | ||||||||
| Summary | offunds - | current year | |||||||
| Salane a at | |||||||||
| Salanca at 1 | 31 | ||||||||
| January | Transfers | Gatnsl | December | ||||||
| 2020 | Income | Expenditure | in/out | (Losses) | 2020 | ||||
| E | E | E | E | f. | |||||
| Desrgnated funds |
355,581 | (10,728) | 8,822 | 3S3,4$6 | |||||
| General funds | 187,582 | 40,348 | (5S,848) | 10,728 | (7,827) | 151,185 | |||
| Restricted | |||||||||
| funds | 2,000 | 2,000 | |||||||
| 825,163 | 40,348 | ISS,846) | 9SS | 508,6SO |
| Balance al | |||||||
|---|---|---|---|---|---|---|---|
| Balance at | 31 | ||||||
| f January | Gains' | December | |||||
| 2019 | income | Expenditure | (Losses) | 2019 | |||
| 8 | E | ||||||
| Designated | funds | 311,989 | 43,602 | 355,59f | |||
| General | funds | 1975f7 | 50.720 | (83,729) | 3,054 | 167,562 | |
| Restricted | tund s | 2,000 | 2,OOO | ||||
| 51f.506 | 50,720 | (83,729) | 46,656 | 525,153 |
| Analysis o1net assets between funds - curre | nt period | ||
|---|---|---|---|
| Restrtcted | Unrestricted | Total | |
| funds | funds | funds | |
| 2020 | 2020 | 2020 | |
| 8 | 8 | ||
| Fixed asset investments | 353,486 | 383,488 | |
| Current assets | 2,000 | 179,543 | 181,843 |
| Creditors due within one year | (28,379) | (28,378) | |
| Total | 2,000 | 504,650 | 506,880 |
| Analysis of net assets between funds - prior | period | ||
|---|---|---|---|
| Restn'cted | Unrestricted | Total | |
| funds | funds | funds | |
| 2019 6 |
2019 f |
2019 6 |
|
| Fixed asset investments | 355,591 | 355,591 | |
| Current assets | 2.000 | 210,142 | 212,142 |
| Creditfrs due within one year | (42,580) | (42.580) | |
| Tl | 2,000 | 523,153 | 525,153 |