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|Reference and Administrative|Reference and Administrative|Details|
|---|---|---|
|Trustees'
report|||
|Trustees'
responsibihties|||
|Independent
auditors'|report||
|Statement
offinancial|activities||
|Balance sheet|||
|Notes to the financial|statements||
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||||||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|2021|2020|
|||||Note|||||
|Income|||||||||
|Donations
and|legacies||||198|5,565|5,763|27,174|
|Investments|||||26,761|18,621|45,382|46,991|
|Total income|||||26,959|24,186|51,145|74,165|
|Expenditure|||||||||
|Charitable
activities|||||42,575|26,837|69,412|211,221|
|Total expenditure|||||42,575|26,837|69,412|211,221|
|Gains/(losses)|on investment||assets||46,577|65,824|112,401|210,152|
|Net income/(expenditure)|||||30,961|63,173|94,134|73,096|
|Transfers|||||||||
|Transfers between||funds|||(22,428)|22,428|||
|Net movement|in funds||||8,533|85,601|94,134|73,096|
|Reconciliation|ot|funds|||||||
|Total funds brought||forward|||929,060|460,243|1,389,303|1,316,207|
|Total funds carried||forward|||937,593|545,844|1,483,437|1,389,303|
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|||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|
|||Funds
f|Funds
8|2021
8|2020
E|
|Donations|and legacies|||||
|Bequests|||||10,000|
|Gifts||198|5,437|5,635|9,369|
|Tax recoverable|||128|128|305|
|Grants receivable|||||7,500|
|||198|5,565|5,763|27,174|
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||Unrestricted|Restricted|Total Funds|TotalFunds|
|---|---|---|---|---|
||Funds|Funds|2021|2020|
|||6|8||
|Rent|13,100||13,100|13,100|
|Dividends|13,652|18,618|32,270|33,802|
|Interest|9|3|12|89|
||26,761|18,621|45,382|46,991|
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##
|||Music|Common
fund|Church
House|Total
2021|Total
2020|
|---|---|---|---|---|---|---|
|Direct costs|||||||
|Grants payable
ills'll'tu'tloils|to|23,918|12,000||35,918|92,433|
|Support costs
Establishment|costs|||15,193|15,193|2,546|
|Repairs and maintenance||||9,323|9,323|111,925|
|Cost oftrustee|meetings||34||34||
|Auditors'
remuneration|||2,220||2,220|2,620|
|Legal and professional
costs||2,919|3,786||6,705|1,661|
|Interest payable|||19||19|36|
|||2,919|6,059|24,516|33,494|118,788|
|||26,837|18,059|24,516|69,412|211,221|
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|Grants made|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total 2021|Total 2020|
||E|E||E|
|The Chapter ofCarlisle Cathedral|||||
|Admin grant|12,000||12,000|12,000|
|Fratry project||||50,000|
|Music fund||16,328|16,328|18,377|
|Organ scholar||7,590|7,590|12,056|
||12,000|23,918|35,918|92,433|
##
||||2021|2020|
|---|---|---|---|---|
||||E||
|Auditors|remuneration||2,220|2,620|
|Legal and professional||fees|6,705|1,661|
||||8,925|4,281|
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|||Investment|Unlisted|||
|---|---|---|---|---|---|
|||properties|investments||Total|
|||6|6||5|
|Market value||||||
|As at 1 January|2021|425,000|897,605||1,322,605|
|Revaluation|||112,401||112,401|
|Additions|||61,809||61,809|
|Disposals|||(67,372|)|(67,372)|
|As at 31 December 2021||425,000|1,004,443||1,429,443|
|Net book value||||||
|As at 31 December 2021||425,000|1,004,443||1,429,443|
|As at 31 December 2020||425,000|897,605||1,322,605|
|All investment|assets were held in the UK.|||||
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|||||||Other||
|---|---|---|---|---|---|---|---|
|||||||recognised|At 31|
|||At 1 January|Incoming|Resources||gains I|December|
|||2021|resources|expended|Transfers|losses|2021|
|General||||||||
|Funds||||||||
|Common|fund|760,570|13,859|(18,059)|(22,428)|46,577|780,519|
|Church|House|||||||
|fund||168,490|13,100|(24,516)|||157,074|
|||929,060|26,959|(42,575)|(22,428)|46,577|937,593|
|Restricted||||||||
|Funds||||||||
|Music fund||459,577|18,974|(26,837)||65,824|517,538|
|Fratry fund||666|5,212||22,428||28,306|
|||460,243|24,186|(26,837)|22,428|65,824|545,844|
|||1,389,303|51,145|(69,412)||112,401|1,483,437|
##
|||At 1
January|Incoming
resources|Resources
expended|Other
recognised
ii|Transfers|At 31
December
2020|
|---|---|---|---|---|---|---|---|
|General|Funds|||||||
|Common|Fund|821,564|25,681|(15,440)|(21,235)|(50,000)|760,570|
|Church
fund|House||13,100|(114,471)|269,861||168,490|
|||821,564|38,781|(129,911)|248,626|(50,000)|929,060|
|Restricted||||||||
|Funds||||||||
|Music Appeal||502,825|26,536|(31,310)|(38474)||459,577|
|Fratry Project||(8,182)|8,848|(50,000)||50,000|666|
|||494,643|35,384|(81,310)|(38,474)|50,000|460,243|
|||1,316,207|74,165|(211,221)|210,152||1,389,303|
##
|||Unrestricted|Restricted|TotalFunds|Total Funds|
|---|---|---|---|---|---|
|||Funds|Funds|2021|2020|
|||E|E||E|
|investments||894,177|535,266|1,429,443|1,322,605|
|Current assets||61,653|14,258|75,911|79,763|
|Creditors: Amounts
one year
Net assets|falling due within|(18,237)
937,593|(3,680)
545,844|(21,917)
1,483,437|(13,065)
1,389,303|
|Prior period||||||
|||Unrestricted|Restricted|TotalFunds|TotslFunds|
|||Funds|Funds|2020|2019|
|||E|E||E|
|Investments||850,736|471,869|1,322,605|1,203,282|
|Current assets||82,626|(2,863)|79,763|141,081|
|Creditors
Amounts|falling due within one|(4,302)|(8,763)|(13,065)|(28,156)|
|year
Net assets||929,060|460,243|1,389,303|1,316,207|
##
##
||||||Comm|on
Fund|
|---|---|---|---|---|---|---|
|Income and Expenditure||Account|||||
|for the year ended|||||||
|31 December 2021|||||||
||||31.12.21||31.12.20||
||||Common|Fund|Common|Fund|
||||2|2|2|2|
|Incoming
from:|||||||
|Donations and legacies|||||||
|Gifts|||198||198||
|Bequests|||||10,000||
|||||198||10,198|
|Investments|||||||
|Interest|||9||58||
|Dividends|||13,652||15,425||
|||||13,661||15,483|
|Total income||||13,859||25,681|
|Expenditure
on charitable||activities|||||
|Admin
grant|||12,000||12,000||
|||||12,000||12,000|
|Support costs|||||||
|Cost oftrustee meetings|||34||||
|Legal and professional|||3,786||784||
|Audit fee|||2,220||2,620||
|Interest and charges|||19||36||
|||||6,059||3,440|
|Total Expenditure||||18,059||15,440|
|Net income/(expenditure)||before||(4,200)||10,241|
|investment
gains/(losses)|||||||
|Realised gains/(losses)||||(109)||(9,138)|
|Unrealised
gains/(losses)||||46,686||(12,097)|
|Net income
/ (expenditure)||||42,377||(10,994|
|Gross transfers
between|funds|||(22,428)||(50,000)|
|Net movement
in funds||||19,949||60,994|
|Fund at 1 January||||760,570||821,564|
|Fund at 31 December||||780,519||760,570|
##
##
|Income and Expen
for the year ended
31December|diture
Accoun
2021|t|||||
|---|---|---|---|---|---|---|
||||31.12.21||31.12.20||
||||Church House|fund|Church House|fund|
||||2|2|2|2|
|Incoming from:|||||||
|Investments|||||||
|Rent|||13,100||13,100||
|||||13,100||13,100|
|Total income||||13,100||13,100|
|Support costs|||||||
|Church
House Repairs|||9,323||111,925||
|Church House Insurance|||1,555||1,549||
|Church
House Water|||369||199||
|Church
House Light &heat|||13,269||798||
|||||24,516|114,471||
|Total Expenditure||||24,516|114,471||
|Net income
/ (expenditure)|||(11,416)||(101,371)||
|Net gains/(losses)|on revaluation|of property|||269,861||
|Net movement
in|funds||(11,416)||168,490||
|Fund at 1 January||||168,490|||
|Fund at 31 December||||157,074||168,490|
##
##
|||||M|usic Fund|
|---|---|---|---|---|---|
|Income and Expenditure|Account|||||
|for the year ended||||||
|31 December 2021||||||
|||31.12.21||31.12.20||
|||Music|Fund|Music|Fund|
|Incoming
from||||||
|Donations
and legacies||||||
|Gifts||356||643||
|Grants receivable||||7,500||
||||356||8,143|
|Investments||||||
|Interest||||16||
|Dividends||18,618||18,377||
||||18,618||18,393|
|Total income|||18,974||26,536|
|Expenditure
on charitable|activities|||||
|Grants to Chapter of|Carlisle Cathedral||23,918||30,433|
|Support Costs||||||
|Professional
fees|||2,919||877|
|Total expenditure|||26,837||31,310|
|Net income/(expenditure)|before|||||
|investment
gains/(losses)|||(7,863)||(4,774)|
|Realised gains/(losses)|||332|||
|Unrealised
gains/(losses)|||65,492||(38,474)|
|Net Income/(Expenditure)|||57,961||43,248|
|Net movement
in funds|||57,961||43,248|
|Fund at 1 January|||459,577||502,825|
|Fund at 31 December|||517,538||459,577|
##
##
|31 December 20|21|||||||
|---|---|---|---|---|---|---|---|
|||||31.12.21||31.12.20||
|||||Fratry Fund||Fratry|Fund|
|||||2|2|2|2|
|Incoming from||||||||
|Donations|and legacies|||||||
|Gifts||||5,081||8,528||
|Tax recoverable||||128||305||
||||||5,209||8,833|
|Investments||||||||
|Interest||||||15||
|Total income|||||5,212||8,848|
|Expenditure
on|charitable||activities|||||
|Grants to|Chapter|of|Carlisle Cathedral|||50,000||
||||||||50,000|
|Total expenditure|||||||50,000|
|Net income
/ (expenditure)|||||5,212||(41,152)|
|Transfers||||||||
|Gross transfers|between|funds|||22,428||50,000|
|Net movement|in funds||||27,640||8,848|
|Fund at 1 January|||||666||(8,182)|
|Fund at 31 December|||||28,306||666|