| Page | ||
|---|---|---|
| Reference and Administrative Details ofthe Charity, its Trustees and Advisers |
||
| Trustees' Report |
2-5 | |
| Independent Examiner's |
Report | |
| Statement ofFinancial | Activities | |
| Balance Sheet | ||
| Notes to the Financial Statements | 9-20 |
| REFERENCE AND ADMINISTRATIVE DETAILS |
REFERENCE AND ADMINISTRATIVE DETAILS |
REFERENCE AND ADMINISTRATIVE DETAILS |
REFERENCE AND ADMINISTRATIVE DETAILS |
REFERENCE AND ADMINISTRATIVE DETAILS |
OF THE CHARITY, ITSTRUS1 EESAND ADVISERS | OF THE CHARITY, ITSTRUS1 EESAND ADVISERS | OF THE CHARITY, ITSTRUS1 EESAND ADVISERS | OF THE CHARITY, ITSTRUS1 EESAND ADVISERS | OF THE CHARITY, ITSTRUS1 EESAND ADVISERS | OF THE CHARITY, ITSTRUS1 EESAND ADVISERS |
|---|---|---|---|---|---|---|---|---|---|---|
| FOR THE YEAR | ENDED | 31DECEMBER 2022 | ||||||||
| Trustees | Baroness Jane Willoughby | de | Eresby | D.L., President | ||||||
| Mrs Penny Milnes | ||||||||||
| 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 |
(resigned | 8 July 2022) | ||||||||
| Mr Jeffrey Couzens | ||||||||||
| Mr Nicholas Ridley |
||||||||||
| Mrs Henrietta Reeve, |
D.L., Chairman | |||||||||
| Mr William Cracroft-Eley | (resigned 8 July 2022) | |||||||||
| Mr Geoffrey Horsfall | (resigned | 15November 2022) | ||||||||
| Mrs Linda Lord BSc.BFP FCA | TEP, Treasurer | |||||||||
| Ms Jane Ford (resigned 15 November |
2022) | |||||||||
| The Venerable Gavin |
Kirk (appointed | 8 July 2022) | ||||||||
| Councillor Alexander | Maughan | MAAT | BFPACA | (appointed | 8 July 2022) | |||||
| Mr John Steadman | (appointed | 8July 2022) | ||||||||
| 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 ofScotland | ||||||||||
| 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 |
| Restricted | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| Note | 2022 F |
2022 | 2022 6 |
2021f | |||
| Income from: | |||||||
| Donations and legacies |
7,398 | 7,398 | 57,992 | ||||
| Other trading activities |
22,962 | 22,962 | 22,773 | ||||
| Investments | 8,579 | 8,579 | 6,813 | ||||
| Total income | 38,939 | 38,939 | 87,578 | ||||
| Expenditure on: |
|||||||
| Raising funds | 6,7 | 5,677 | 5,677 | 4,433 | |||
| Charitable activities |
8 | 43,004 | 43,004 | 31,128 | |||
| Total expenditure | 48,681 | 48,681 | 35,561 | ||||
| Net (expenditure)/income before net (losses)/gains on investments |
(9,742) | (9,742) | 52017 | ||||
| Net (losses)/gains | on investments | (72,615) | (72,615) | 37,441 | |||
| Net movement in |
funds | (82,357) | (82,357) | 89,458 | |||
| Reconciliation of |
funds: | ||||||
| Total funds brought | forward | 2,000 | 594,108 | 596,108 | 506,650 | ||
| Net movement in funds |
(82,357) | (82,357) | 89,458 | ||||
| Total funds carried forward | 2,000 | 511751 | 513751 | 596,108 |
| Note | 2022f | 2021f | |||||
|---|---|---|---|---|---|---|---|
| Fixed assets | |||||||
| Investments | 461,530 | 387,709 | |||||
| 461,530 | 387,709 | ||||||
| Current assets | |||||||
| Stocks | 12 | 1,686 | 1,538 | ||||
| Debtors | 13 | 3,301 | 3,951 | ||||
| Cash at bank | 76,499 | 220,822 | |||||
| 81,486 | 225,409 | ||||||
| Creditors: amounts | falling due within one | ||||||
| year | 14 | (29,265) | (18,010) | ||||
| Net current assets | 52,221 | 208,399 | |||||
| Total assets less current liabilities | 513,751 | 595,108 | |||||
| Net assets excluding | pension asset | 513,751 | 596,108 | ||||
| Total net assets | 513,751 | 595,108 | |||||
| Charity funds | |||||||
| Restricted funds |
15 | 2,000 | 2,000 | ||||
| Unrestricted funds |
15 | 511,751 | 594,108 | ||||
| Total funds | 513,751 | 596,108 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022f | 2022 | 2021 6 |
|
| Donations | 7,398 | 7,398 | 7,375 |
| Legacies | 50,617 | ||
| Total 2022 | 7,398 | 7,398 | 57,992 |
| Total 2021 | 57,992 | 57,992 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022 6 |
2022 | 2021f | |
| Cycle ride | 18,786 | 18,786 | 22,169 |
| Garden openings | 2,510 | 2,510 | |
| Summer party |
810 | 810 | |
| Card and calendar sales | 435 | 435 | 604 |
| Autumn party |
421 | 421 | |
| Total 2022 | 22,962 | 22,962 | 22,773 |
| Total 2021 | 22,773 | 22,773 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | fonda | |
| 2022f | 2022 8 |
2021f | |
| UK quoted investments | 8,579 | 8,579 | 6,637 |
| Bank Interest | 176 | ||
| Total 2022 | 8,579 | 8,579 | S,813 |
| Total 2021 | 6,813 | 6,813 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022 | 2022 | 2021 | |
| 6 | 8 | 5 | |
| Cycle ride administration | 384 | 384 | 330 |
| Summer party |
126 | 126 | |
| Garden openings | 160 | 160 | |
| Insurance ofevents |
601 | 601 | 602 |
| Christmas cards and calendars |
310 | 310 | |
| Autumn party |
124 | 124 | |
| Total 2022 | 1,705 | 1,705 | 932 |
| Total 2021 | 932 | 932 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2022f | 2022 | 2021 5 |
|||
| Investment | management | fees | 3,972 | 3,972 | 3,501 |
| Total 2021 | 3,501 | 3,501 |
| Unrestricted | ||||||
|---|---|---|---|---|---|---|
| funds | Total | Total | ||||
| 2022 | 2022 | 2021 | ||||
| 9 | E | 5 | ||||
| Preservation | ofchurches | in Lincolnshire | 43,004 | 43,004 | 31,128 | |
| Total 2021 | 31,128 | 31,128 | ||||
| 9. | Analysis of | expenditure | by activities |
| Activities | ||||||
|---|---|---|---|---|---|---|
| undertaken | Support | Total | Total | |||
| directly | costs | funds | funds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| E | E | 5 | ||||
| Preservation | ofchurches | in Lincolnshire | 35,490 | 7,514 | 43,004 | 31,128 |
| Total 2021 | 24,409 | 6,719 | 31,128 |
| Preservatio | ||||
|---|---|---|---|---|
| n of | Total | Total | ||
| Churches | funds | funds | ||
| 2022 | 2022 | 2021 | ||
| 5 | ||||
| Grants to churches | 27,200 | 27,200 | 14,500 | |
| Cycle ride distribution | to churches | 8,290 | 8,290 | 9,909 |
| Total 2022 | 35,490 | 35,490 | 24,409 | |
| Total 2021 | 24,409 | 24,409 | ||
| Analysis ofsupport | costs | |||
| Preservatio | ||||
| n of | Total | Total | ||
| Churches | funds | funds | ||
| 2022 | 2022f | 2021f | ||
| Accountancy fees - administration | 3,096 | 3,096 | 2880 | |
| Accountancy fees - accountancy | 3,360 | 3,360 | 3,120 | |
| Printing, postage and |
stationery | 1,058 | 1,058 | 686 |
| Trustee expenses | 33 | |||
| Total 2022 | 7,514 | 7,514 | 6, 719 | |
| Total 2021 | 6,719 | 6,719 |
| Listed | ||||
|---|---|---|---|---|
| investments | ||||
| K | ||||
| Cost orvaluation | ||||
| At 1 January 2022 | 387,709 | |||
| Additions | 166,992 | |||
| Dieposals | (23,875) | |||
| Revaluations | (69,186) | |||
| At 31 December 2022 | 461,530 | |||
| Net book value | ||||
| At 31 December 2022 | 461,530 | |||
| At31December 2021 | 387,709 | |||
| 12. | Stocks | |||
| 2022f | 2021f | |||
| Finished goods and goods for resale | 1,686 | 1,536 | ||
| 13. | Debtors | |||
| 2022f | 2021 | |||
| Due within one year | ||||
| Cycle ride contributions | outstanding | 862 | 1,015 | |
| Income tax recoverable | 2,439 | 2,935 | ||
| 3,301 | 3,851 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | 31 | |||||
| 'I January | Transfers | Gains/ | December | |||
| 2021f | income f |
Expenditure | in/outf | (Losses)f | 2021 | |
| 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 |
| Summary of |
funds - current year | ||||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at 1 | 31 | ||||||
| January 2022f |
Income 6 |
Expenditure | f | Transfers in/outf |
Gains/ (Losses)f |
December 2022 8 |
|
| Designated funds |
387,709 | 143,014 | (69,193) | 461,530 | |||
| General funds | 206,399 | 38,939 | (48,681) | (143,014) | (3,422) | 50,221 | |
| Restricted funds |
2,000 | 2,000 | |||||
| 596,108 | 38,939 | (48,681) | (72,615) | 513,751 | |||
| Summary of | funds - prior year | ||||||
| Ba/ance at | |||||||
| Balance at | 31 | ||||||
| 1January 2021f |
Income | Expenditure 5 |
Transfers infout f |
Gains/ (Losses)f |
December 2021 |
||
| Designated funds |
353,485 | (3,505) | 37,729 | 387,709 | |||
| General funds | 151,155 | 87,973 | (35,955) | 3,505 | (288) | 205,399 | |
| Restricted funds |
2,000 | 2,000 | |||||
| 506,550 | 87,973 | (35,955) | 37,441 | 595,108 |
| Analysis ofnet assets between funds -curr |
ent year | ||
|---|---|---|---|
| Restricted | Unrestricted | Total | |
| funds | funds | funds | |
| 2022 | 2022 | 2022 | |
| 6 | |||
| Fixed asset investments | 461,530 | 461,530 | |
| Current assets | 2,000 | 79,486 | 81,486 |
| Creditors due within one year | (29,265) | (29,265) | |
| Total | 2,000 | 511,751 | 513,751 |
| Analysis of net assets between funds -prior | year | ||
|---|---|---|---|
| Restricted | Unrestricted | Total | |
| funds | funds | funds | |
| 2021 f |
2021 5 |
2021 5 |
|
| Fixed asset investments | 387,T09 | 387,T09 | |
| Current assets | 2,000 | 224,409 | 225,409 |
| Creditors due within one year | (18,010) | (18,010) | |
| Total | 2,000 | 594,108 | 595,108 |