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2023-04-05-accounts

		Pages
Trustees' annual report		1to2
Independent examiner's report to the trustees
Statement offinancial	activities
Statement offinancial	position
Notes to the financial	statements	6 toe

						2023	2023	2022
						Unrestricted
						funds	Total funds	Totalfunds
					Note	E	E	8
Income
Investment income Other income					4 5	75,317 8,482	75,317 8,482	74,481 10,044
Tots I income						83,799	83,799	84,525
Expenditure
Expenditure on charitable		activities			6	92,818	92,818	100,817
Total expenditure						92,818	92,818	100,817
Net (expenditure)iincome						(9,019)	(9,019)	(16,292)
Other recognised	gains	and losses
Unrealised surplus	on revaluation		of investment	assets
Net movement in	funds					(9,019)	(9,019)	(16,292)
Reconciliation of	funds
Total funds brought	forward					3,854,959	3,854,959	3,871,251
Total funds carried forward						3,845,940	3,845,940	3,854,959

				as at 5t	h April 2023
					2023		2022
				Note	E		f
Fixed assets
Investments						3,749,280		3,749,280
Current assets
Debtors				12	10,097		5,800
Cash at bank	and	in	hand		87,516		104,022
					97,613		109,822
Creditors: amounts			falling due
within one year				13	953		4,143
Net current assets						96,660		105,679
Net assets						3,845,940		3,854,959
Funds ofthe charity
Unrestricted	funds					3,845,940		3,854,959
Total charity	funds			14		3,845,940		3,854,959

investment income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2023	Funds	2022
			6	6	6
Income from investment Bank interest receivable	properties	73,917 1,400	73,917 1,400	74,417 64	74,417 64
		75,317	75,317	74,481	74,481
Other income
		Unrestricted	TotalFunds	Unrestricted	Total Funds
		Funds	2023	Funds	2022
			6	8
Wayleave		78	78	77	77
Fees receivable		8,404	8,404	9,967	9,967
		8,482	8,482	10,044	10,044

							Activities
							undertaken	Support	Total funds	Total funds
							directly 8	costs	2023 f	2022 f
Clergy stipends		(including	ainount			paid
to the Diocese		as a contribution			to	the
costs of	the Associate Vicar)						44,246		44,246	43,646
Amount	paid to	the Parochial		Church
Council	ofSt. Nlary and St. Nicolas,
Spalding							15,000		15,000	15,000
Amount	paid to	the Church	Hal(
Managers							10,000		10,000	25,000
Governance costs								23,572	23,572	17,171
							69,246	23,572	92,816	100,817

Governance costs
	2023	2022
	5
Clerking cost Insurance House utility costs Repairs and maintenance Legal and agents fees	3,100 3,729 2,240 13,111 1,142	3,100 3,732 2,172 8,167
Sundry expenses	250
	23,572	17,171

	Investment
	properties
	6
Valuation
At 6th April 2022 Additions	3,749,280
At 5th April 2023	3,749,280
Carrying amount
At 5th April 2023	3,749,280
At 5th April 2022	3,749,280

2023 f	2022
10,097	5,800

Creditor	s: am	ounts f	alling due within o	ne year
						2023		2022
						8		F
Accruals	and	deferred	income			953		4,143
Analysis	ofcharitable		funds
Unrestricted		funds
			At60422	income	Expenditure	Revaluation	At	50423
					5	5
General	funds		3,854,959	83,799	(92,818)		3,845,940
			At 6 04 21	Income	Expenditure	Revaluation	At	50422
						5
General	funds		3,871,251	84,525	(100,817)		3,854,959

Analysis ofnet as	sets between funds
		Unrestricted	Total Funds
		Funds	2023
			8
Investments Current assets Creditors less than	1 year	3,749,280 97,613 (953)	3,749,280 97,613 (953)
iNet assets		3,845,940	3,845,940
		Unrestricted	Total Funds
		Funds	2022
		E
Investments Current assets Creditors less than	1 year	3,749,280 109,822 (4,143)	3,749,280 109,822 (4,143)
Net assets		3,854,959	3,854,959