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





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|||||||2023|2023|2022|
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|||
|||||||funds|Total funds|Totalfunds|
||||||Note|E|E|8|
|Income|||||||||
|Investment<br>income<br>Other income|||||4<br>5|75,317<br>8,482|75,317<br>8,482|74,481<br>10,044|
|Tots I income||||||83,799|83,799|84,525|
|Expenditure|||||||||
|Expenditure<br>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<br>surplus|on revaluation||of investment|assets|||||
|Net movement<br>in|funds|||||(9,019)|(9,019)|(16,292)|
|Reconciliation<br>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|





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|||||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|





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|investment<br>income||||||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2023|Funds|2022|
||||6|6|6|
|Income from investment<br>Bank interest receivable|properties|73,917<br>1,400|73,917<br>1,400|74,417<br>64|74,417<br>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|



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||||||||Activities||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||undertaken|Support|Total funds|Total funds|
||||||||directly<br>8|costs|2023<br>f|2022<br>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|



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



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||Investment|
|---|---|
||properties|
||6|
|Valuation||
|At 6th April 2022<br>Additions|3,749,280|
|At 5th April 2023|3,749,280|
|Carrying<br>amount||
|At 5th April 2023|3,749,280|
|At 5th April 2022|3,749,280|



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|2023<br>f|2022|
|---|---|
|10,097|5,800|





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|Creditor|s: am|ounts<br>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||



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