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|||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|
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|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|||||||||
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|||||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|
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||||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|
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||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||
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||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||
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||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||
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||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||
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||||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||
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|||||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||
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|||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||
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|||||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|
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|||||||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|
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|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|
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|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|
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