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2021-12-31-accounts

Trustees Professor J Goddard Professor J Goddard
The Very Reverend G Miller
Canon S Harper
Canon DR Bilton
Mr T Glenton
Mr AM Pryor
Mr Ml Spriggs
Reverend J Sadler
Mr CM Pearson
Mr PH Taylor
Mr JSSmith OBE
Canon J Squires
Mrs HE Cunningham
Ms LJ Cross
Charity number 511836
Registered office Cathedral
Church
ofSt Nicholas
Newcastle
upon Tyne
NE1 1DF
Independent examiner Robson Laidler Accountants Limited
Fernwood
House
Fernwood
Road
Jesmond
Newcastle
upon Tyne
NE2 1TJ
investment advisors COLA Investment Management Ltd
THE CFBChurch of England Funds
80Cheapside
London
EC2V 6DZ

Page
Trustees'
report
1-2
Independent
examiner's
report
Statement
offinancial
activities
Balance sheet
Notes to the financial statements 6 — 11

Restricted Restricted
funds funds
2021 2020
Notes 6 6
~ngme itrr.
Donations
and
legacies 293,333 527,569
Investments 14 113
Total income 293,347 527,682
KZ)fttt(IIIttft)J20..
Charitable
activities
4 2,823,761 2,109,240
Net income/(expenditure) for the year/
Net movement in funds (2,530,414) (1,581,558)
Fund balances at 1 January 2021 3,311,442 4,893,000
Fund balances at 31 December 2021 781,028 3,311,442

2021 2020
Notes f 6
Current assets
Debtors 563,457 2,873,788
Investments 26,951 26,937
Cash at bank and in hand 684,645 834,723
1,275,053 3,735,448
Creditors: amounts falling due within
one year 10 (494,025) (424,006)
Net current assets 781,028 3,311,442
Income funds
Restricted funds 781,028 3,311,442
Unrestricted funds
781,028 3,311,442

Restricted Restricted
funds funds
2021 2020f
Donations and gifts 1,950 18,402
Grants 291,383 509,167
293,333 527,569

2 Donations and legacies and legacies (Continued)
Grants receivable for core activities
Sir James Knott 15,000
WA Handley
Trust
25,000
LNER 42,000
Listed Places of Worship 194,383 96,867
The Hedley Denton Charitable Trust 5,000
John Bell Fund 10,000
Catherine Cookson Trust 100,000
The Headley Trust 20,000
Goodacre Benevolent Fund 20,000
Squires
Foundation
150,000
Other 122,300
291,383 509,167
3 Investments
Restricted Restricted
funds funds
2021 2020
E E
Interest receivable 14 113
4 Charitable activities
Charitable Charitable
activities activities
2021 2020
F 6
Insurance 1,152 1,152
Sundries 1,507 456
2,659 1,608
Grant funding
of activities (see
note 5) 2,818,990 2,105,232
Share of governance costs (see note 6) 2,112 2,400
2,823,761 2,109,240

Charitable Charitable
activities activities
2021 2020
6 F
Grants to institutions:
St Nicholas Cathedral 2,795,950 2,105,232
Oswin Projects 23,040
2,818,990 2,105,232
Support c osts
Support Governance 2021 Support Governance 2020
costs costs costs costs
F 5 f
Independent examiners
fee 2,112 2,112
Auditors remuneration 2,400 2,400
2,112 2,112 2,400 2,400
Analysed between
Charitable activities 2,112 2,112 2,400 2,400

8 Debtors
2021 2020
Amounts falling due within one year: 8
Trade debtors 5,000
Prepayments and accrued income 563,457 2,868,788
563,457 2,873,788
9 Current asset investments
2021 2020
f
Unlisted investments 26,951 26,937
10 Creditors: amounts falling due within one year
2021
8
2020f
Trade creditors 42,225 221,606
Other creditors 450,000 200,000
Accruals and deferred income 1,800 2,400
494,025 424,006

Movement in funds Movement in funds
Balance at Incoming Resources Balance at Incoming Resources Balance at
1 January 2020 resources expendedl January 2021 resources expended 31 December
2021
E
General
restricted
funds 751,680 527,682 (858,708) 420,654 293,347 (573,847) 140,154
Heritage
Lottery
Funds 4,119,320 (1,250,532) 2,868,788 (2,227,914) 640,874
Lantern
Initiative-
Moving on
together fund 22,000 22,000 (22,000)
4,893,000 527,682 (2,109,240) 3,311,442 293,347 (2,823,761) 781,028