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2021-12-31-accounts

Page
Reference and Administrative
Details ofthe Charity,
its Trustees and Advisers
Trustees'
Report
2-5
Independent
Examiner's
Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements 9-21
REFERENCE AND ADMINISTRATIVE
DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS
REFERENCE AND ADMINISTRATIVE
DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS
REFERENCE AND ADMINISTRATIVE
DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS
REFERENCE AND ADMINISTRATIVE
DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS
REFERENCE AND ADMINISTRATIVE
DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS
REFERENCE AND ADMINISTRATIVE
DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2021
Trustees Baroness Jane Willoughby
de Eresby D.L., President
Mrs Penny
Milnes
Mr Nevile Camamile, B.A. , F.C.A (resigned 20 July 2021)
The Lord Bishop of Lincoln, The Right Reverend Christopher Lowson
Mr Graham
Cook, B.A., B.Arch, Hon. Secretary
Mrs Mona Dickinson
Reverend
Michael Cartwright
Mr Jeffrey Couzens
Mr Nicholas
Ridley
Mrs Henrietta
Reeve,
D.L., Chairman
Mr William
Cracroft-Eley
Mr Geoffrey Horsfall
Mrs Linda Lord, B.Sc., F.C.A., T.E.P, Treasurer
Ms Jane Ford
Charity registered
number 509021
Principal office Tower House
Lucy Tower Street
LN1 1XW
Accountants Streets LLP
Tower House
Lucy Tower Street
Lincoln
LN1 1XW
Bankers National
Westminster
Bank pic
225 High Street
Lincoln
LN2 1AZ
Bank of Scotland
Ground
Floor East
New Uberior House
11 Earl Grey Street
Edinburgh
EH3 9BN
Independent Examiner FJ F M Dymoke Esq. , DL
Scrivelsby Court
Horncastle
LN9 6JA

Grants were approved
to
the following
institut
ions:
Institution
St Andrew,
Pickworth
2,250
St Mary, Carlton
le Moorland
2,500
SSJames and John, Dorrington 1,000
St John the Baptist 1,250
Market Rasen Methodist Church 500
Brownes
Hospital
Chapel
1,000
StAndrew,
Kirkby
1,000
St Mary, Snitterby 2,000
St Mary, Marshchapel 3,000
Total 14,500

Restricted Unrestricted Total Total
funds funds funds funds
Note 2021
f
2021 2021 2020
E
Income from:
Donations
and legacies
57,992 57,992 6,552
Other trading
activities
22,773 22,773 24,619
Investments 6,813 6,813 9,177
Total income 87,578 87,578 40,348
Expenditure
on:
Raising funds 6,7 4,433 4,433 4,465
Charitable
activities
8 31,128 31,128 55,381
Total expenditure 35,561 35,561 59,846
Net income/(expenditure) before net
gains on investments 52,017 52,017 (19,498)
Net gains on investments 37,441 37,441 995
Net movement
in funds
89,458 89,458 (18,503)
Reconciliation
offunds:
Total funds brought
forward
2,000 504,650 506,650 525,153
Net movement
in funds
89,458 89,458 (18,503)
Total funds carried forward 2,000 594,108 596,108 506,650
2021 2020
Note F
Fixed assets
Investments 387,709 353,486
387,709 353,486
Current assets
Stocks 12 1,636 1,588
Debtors 13 3,951 4,716
Cash at bank 220,822 175,239
226,409 181,543
Creditors: amounts falling due within one
year 14 (18,010) (28,379)
Net current assets 208,399 153,164
Total assets less current liabilities 596,108 506,650
Net assets excluding pension asset 596,108 506,650
Total net assets 596,108 506,650
Charity funds
Restricted
funds
15 2,000 2,000
Unrestricted funds 15 594,108 504,650
Total funds 596,108 506,650

Unrestricted Total Total
funds funds funds
2021f 2021 2020f
Donations 7,375 7,375 6,552
Legacies 50,617 50,617
57,992 57,992 6,552
Total 2020 6,552 6,552
4. Income from other trading activities
Income from fundraising events
Unrestricted Total Total
funds funds funds
2021f 2021f 2020f
Cycle ride 22,169 22,169 21,622
Card and calendar sales 604 604 1,864
Exhibition treasurers ofthe royal marriage 1,133
22,773 22,773 24,619
Total 2020 24,619 24,619

Unrestricted Total Total
funds funds funds
2021 2021 2020
E
UK quoted investments 6,637 6,637 7,684
Bank Interest 176 176 1,493
6,813 6,813 9,177
Total 2020 9,177 9,177

Unrestricted Total Total
funds funds funds
2021 2021 2020
F
Cycle ride administration 330 330 184
Summer party 45
Garden openings 710
Insurance of events 602 602 601
932 932 1,540
Total 2020 1,540 1,540

Unrestricted Total Total
funds funds funds
2021f 2021f 2020
E
Investment management fees 3,501 3,501 2,925
Total 2020 2,925 2,925

Unrestricted Total Total
funds funds funds
2021 2021 2020
F
Preservation of churches in Lincolnshire 31,128 31,128 55,381
Total 2020 55,381 55,381

Activities
undertaken Support Total Total
directly costs funds funds
2021f 2021
E
2021 2020
Preservation ofchurches in Lincolnshire 24,409 6,719 31,128 55,381
Total 2020 47,697 7,684 55,381

Preservation Total Total
ofChurches funds funds
2021 2021 2020
F
Grants to churches 14,500 14,500 38,300
Cycle ride distribution to churches 9,909 9,909 9,397
24,409 24,409 47,697
Total 2020 47,697 47,697
Analysis ofsupport costs
Preservation Total Total
ofChurches funds funds
2021 2021 2020
F
Accountancy fees - administration 2,880 2,880 2,880
Accountancy fees - accountancy 3,120 3,120 3,120
Printing, postage and stationery 686 686 1,684
Trustee expenses 33 33
6,719 6,719 7,684
Total 2020 7,684 7,684

11. Fixed asset investments Fixed asset investments
Listed
investments
Cost or valuation
At 1 January 2021 353,486
Additions 97,776
Disposals (99,956)
Revaluations 36,403
At 31 December 2021 387,709
Net book value
At 31 December 2021 387,709
At 31December 2020 353,486
12. Stocks
2021 2020
C
Finished goods and goods for resale 1,636 1,588
13. Debtors
2021 2020
E E
Due within one year
Cycle ride contributions outstanding 1,016 1,231
Income tax recoverable 2,935 2,364
Donations 1,121
3,951 4,716

2021 2020
E
Grants awaiting call 13,300 23,550
Accruals 4,710 4,829
18,010 28,379

Balance at
Balance at 1 31
January Transfers Gains/ December
2021 Income Expenditure in/out (Losses) 2021
E
Unrestricted
funds
Designated
funds
Management
Reserve 353,485 (3,505) 37,729 387,709
General funds
General Funds 151,165 87,973 (35,956) 3,505 (288) 206,399
Total
Unrestricted
funds 504,650 87,973 (35,956) 37,441 594,108
Restricted
funds
Restricted Fund 2,000 2,000
Total offunds 506,650 87,973 (35,956) 37,441 596,108

Statemen t offun ds - prior year
Balance at
Balance at 31
1January Transfers Gains' December
2020 Income Expenditure in/out (Losses) 2020
E E
Unrestricted
funds
Designated
funds
Management
Reserve 355,591 (10,728) 8,622 353,485
General funds
General Funds 167,562 40,348 (59,846) 10,728 (7,627) 151,165
Total
Unrestricted
funds 523,153 40,348 (59,846) 995 504,650
Restricted
funds
Restricted Fund 2,000 2,000
Total of funds 40,348 (59,846) 995 506,650

Balance at
Balance at 1 31
January Transfers Gains/ December
2021 Income Expenditure in/out (Losses) 2021
E F E E
Designated
funds 353,485 (3,505) 37,729 387,709
General funds 151,165 87,973 (35,956) 3,505 (288) 206,399
Restricted
funds 2,000 2,000
506,650 87,973 (35,956) 37,441 596,108
Summary of funds - prior year
Balance at
Balance at 31
1January Transfers Gains/ December
2020 Income Expenditure in/out (Losses) 2020
E E E E E
Designated
funds 355,591 (10,728) 8,622 353,485
General funds 167,562 40,348 (59,846) '/0, 728 (7,627) 151,165
Restricted
funds 2,000 2,000
525,153 40,348 (59,846) 995 506,650

Analysis
of net assets between
funds - curre
nt year
Restricted Unrestricted Total
funds funds funds
2021 2021 2021
E E
Fixed asset investments 387,709 387,709
Current assets 2,000 224,409 226,409
Creditors due within one year (18,010) (18,010)
Total 2,000 594,108 596,108
Analysis of net assets between funds - prior year
Restricted Unrestricted Total
funds funds funds
2020 2020 2020
E
Fixed asset investments 353,486 353,486
Current assets 2,000 179,543 181,543
Creditors due within one year (28,379) (28,379)
Total 2,000 504,650 506,650