| Pages | ||
|---|---|---|
| Trustees' annual report |
1to2 | |
| independent examiner's report to the trustees |
||
| Statement offinancial | activities | |
| Statement offinancial | position | |
| Notes to the financial | statements | 6to 9 |
| Reference | and Administrative | and Administrative | and Administrative | Details | ||
|---|---|---|---|---|---|---|
| Registered | charity | name | Spalding | Rectory Feoffees | ||
| Charity registration | number | 509204 | ||||
| Principal office | c/o David Hicken LLB | |||||
| Clerk to | Spalding Rectory |
Feoffees | ||||
| Maples Solicitors LLP | ||||||
| 23 New | Road | |||||
| Spalding | ||||||
| PE11 1DH | ||||||
| The Trustees | ||||||
| Graham | Slator Jones | (Died 9'" May 2021) | ||||
| Adriaan | Pieter Van Egmond | |||||
| Michael | John Richardson | Nell | ||||
| Melvyn | Price | |||||
| Thomas | Henry Charlton | |||||
| Adrian | Robert Parker | |||||
| Sarah Marion Chadd | ||||||
| Andrew | Mark Briggs | |||||
| Marion | Brassington | (Died 19'" September 2020) | ||||
| Catherine Helen Hay |
||||||
| Independent | examiner | lan H. Hutchinson | ||||
| Structure, Governance | and Management |
| 2021 | 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | ||||||||
| funds | Total funds | Total funds | ||||||
| Note | ||||||||
| Income | ||||||||
| Investment income |
4 | 79,577 | 79,577 | 78,207 | ||||
| Other income | 5 | 10648 | 10 648 | 8,609 | ||||
| Total income | 90,225 | 90,225 | 86,816 | |||||
| Expenditure | ||||||||
| Expenditure on charitable |
activities | 6 | 107,698 | 107,698 | 77,535 | |||
| Total expenditure | 107,698 | 107,698 | 77,535 | |||||
| Net (expenditure)/income | (17,473) | (17,473) | 9,281 | |||||
| Other recognised | gains | and losses | ||||||
| Unrealised surplus |
on revaluation | of investment | assets | |||||
| Net movement in funds |
(17,473) | (17,473) | 9,281 | |||||
| Reconciliation offunds |
||||||||
| Total funds brought | forward | 3,888,724 | 3,888,724 | 3,879,443 | ||||
| Total funds carried forward | 3,871,251 | 3,871,251 | 3,888,724 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Note | |||||||
| Fixed assets | |||||||
| Investments | 3,749,280 | 3,749,280 | |||||
| Current assets | |||||||
| Debtors Cash at bank and |
in | hand | 12 | 38,411 90,114 |
53,322 89,692 |
||
| 128,525 | 143,014 | ||||||
| Creditors: amounts | falling due | ||||||
| within one year | 13 | 6,554 | 3,570 | ||||
| Net current assets | 121,971 | 139,444 | |||||
| Net assets | 3,871,251 | 3,888,?24 | |||||
| Funds ofthe charity | |||||||
| Unrestricted funds |
3,8?1,251 | 3,888,724 | |||||
| Total charity funds | 14 | 3,871,251 | 3,888,724 |
| Investment income |
|||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2021 | Funds | 2020 | ||
| Income from investment | properties | 79,507 | 79,507 | 77,707 | 77,707 |
| Bank interest receivable | 70 | 70 | 500 | 500 | |
| 79,577 | 79,577 | 78,207 | 78,207 |
| Other income | ||||
|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2021 | Funds | 2020 | |
| E | E | |||
| Wayleave | 85 | 85 | 106 | 106 |
| Fees receivable | 10,563 | 10,563 | 8,503 | 8,503 |
| 10,648 | 10,648 | 8,609 | 8,609 |
| Activities | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| undertaken | Total funds | Total funds | ||||||||
| directly | Support costs | 2021 | 2020 | |||||||
| F | f. | F | ||||||||
| Clergy stipends | (including amount |
paid | ||||||||
| to the Diocese | as a contribution | to | the | |||||||
| costs of | the Associate Vicar) | 43,046 | 43,046 | 41,818 | ||||||
| Amount | paid | to | the Parochial | Church | ||||||
| Council | ofSt. Mary and St. Nicolas, | |||||||||
| Spalding | 15,000 | 15,000 | 15,220 | |||||||
| Amount | paid | to | the Choir Fund | ofSt. | ||||||
| Mary and St. Nicolas, Spalding | 1,400 | |||||||||
| Amount | paid | to | the Church Hall |
|||||||
| Managers | 5,000 | 5,000 | ||||||||
| Governance | costs | 44,652 | 44,652 | 19,097 | ||||||
| 63,046 | 44,652 | 107,698 | 77,535 |
| 2021 | 2020 | |
|---|---|---|
| Clerking cost | 2,750 | 2,750 |
| Postages | 350 | 350 |
| Insurance | 2,939 | 3,425 |
| House utility costs |
2,137 | 2,104 |
| Repairs and maintenance | 36,086 | 9,513 |
| Legal and agents fees | 390 | 733 |
| Sundry expenses | 222 | |
| 44,652 | 19,097 |
| Investments | |
|---|---|
| Investment | |
| properties | |
| Valuation | |
| At 6th April 2020 | 3,749,280 |
| Additions | |
| At 5th April 2021 | 3,749,280 |
| Carrying amount |
|
| At 5th April 2021 | 3,749,280 |
| At 5th April 2020 | 3,749,280 |
| Debtors | |||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Prepayments | and | accrued | income | 38,411 | 53,322 |
| 2021 | 2020 |
|---|---|
| 6,554 | 3,570 |
| Analysis ofc | haritable | funds | ||||
|---|---|---|---|---|---|---|
| Unrestricted | funds | |||||
| At 6 04 20 | Income | Expenditure | Revaluation | At 504 21 | ||
| E | ||||||
| General funds | 3,888,724 | 90,225 | (107,698) | 3,871,251 | ||
| At 6 04 19 | Income | Expenditure | Revaluation | At 504 20 | ||
| F | ||||||
| General funds | 3,879,443 | 86,816 | (77,535) | 3,888,724 |
| Analysis of net as | sets between funds | ||
|---|---|---|---|
| Unrestricted | Total Funds | ||
| Funds | 2021 | ||
| Investments | 3,749,280 | 3,749,280 | |
| Current assets | 128,525 | 128,525 | |
| Creditors less than | 1 year | (6,554) | (6,554) |
| Net assets | 3,871,251 | 3,871,251 | |
| Unrestricted | Total Funds | ||
| Funds | 2020 | ||
| Investments | 3,749,280 | 3,749,280 | |
| Current assets | 143,014 | 143,014 | |
| Creditors less than | 1 year | (3,570) | (3,570) |
| Net assets | 3,888,724 | 3,888,724 |