2022-03-31-accounts

		Page
Reference and Administrative Details
Trustees' Report	2	to	4
Report ofthe Independent Auditors	5	to	7
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements	10	to	17
Detailed Statement ofFinancial Activities		18

Trustees		Mrs J Crouch
		Mr K Maunder
		Dr A ECarter
		Ald A Bryning
		Mr M Bonnett
		Mr FKershaw
		Mrs GRJenkinson
		Mr KRobinson
		Mr M Greenhalgh
		Dr S Johnson
		Mrs JAlexander
		Ms LEllis
		Ms V JPearson
		Cllr JJackson
		Rev RAechtner
		Rev C LBackhouse
		Rev LBVasey-Saunders		(appointed 21/10/2021)
Principal address		Oglethorpe Sturton &
		Gillibrand LLP Solicitors
		16Castle Park
		LANCASTER
		LA1 1YG
Registered	charity number	526393
Independent	auditors	Xeinadin Audit Limited
		Chartered Accountants	and Statutory Auditors
		Dalton House
		9Dalton Square
		LANCASTER
		LA1 IWD
Accountants		Scott &Wilkinson
		Dalton House
		9Dalton Square
		LANCASTER
		LA1 IWIJ

							2022	2021
					Unrestricted	Endowment	Total	Total
					fund	funds	funds	funds
				Notes
Income and endowments			from
Investment	income			2	132,980		132,980	128,291
Expenditure	on
Charitable	activities
Education Chapel Maintenance					197,255 1,980		197,255 1,980	84,819 1,696
Total					199,235		199,235	86,515
Net gains on investments					98,048	283,230	381,278	680,217
NET INCOME					31,793	283,230	315,023	721,993
Reconciliation offunds
Total funds	brought	forward			1,320,593	3,171,331	4,491,924	3,769,931
Total funds	carried	forward			1,352,386	3,454,561	4,806,947	4,491,924

						2022	2021
				Unrestricted	Endowment	Total	Total
				fund	funds	funds	funds
			Notes		8
Fixed assets
Investments			10	1,221,314	3,454,561	4,675,875	4,294,597
Current assets
Debtors				252		252	252
Cash at bank	and in hand			133,880		133,880	200,045
				134,132		134,132	200,297
Creditors
Amounts falling due within		one year	12	(3,060)		(3,060)	(2,970)
Net current	assets			131,072		131,072	197,327
Total assets	less current liabilities			1,352,386	3,454,561	4,806,947	4,491,924
NET ASSETS				1,352,386	3,454,561	4,806,947	4,491,924
Funds			13
Unrestricted	funds					1,352,386	1,320,593
Endowment	funds					3,454,561	3,171,331
Total funds						4,806,947	4,491,924

retained as	part ofthe permanent funds ofthe charity.	,
Investment	income
		2022	2021
Dividends	on fixed asset investments	132,980	128,291

Charitable activities costs
			Grant
			funding of
			activities	Support
		Direct	(see note	costs (see
		Costs	4)	note 5)	Totals
Education Chapel Maintenance		143,897 1,980	46,200	7,158	197,255 1,980
		145,877	46,200	7, 158	199,235
Grants payable
				2022	2021
Education				46,200	66,250
The total grants paid to institutions	during	the year was as follows:
				2022	2021
Arkholme Homby Slyne-with-Hest Thumb am 0verton Diocese ofLiverpool Yealand Poulton-le-sands Silverdale Caton StPaul's Bolton le Sands				1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000	500 500 2,500 500 500 500 500 500
Dolphinholme Ellel Wilson Endowed School Leek StPeter' s Priory Music Trust Ripley Pastoral OAicer Christ Church St Peter's Heysham St Luke's Insurance Scotforth Insurance Christ Church Insurance St Wilfiids Halton School StAnne's Stanley Kirkby Lonsdale St Paups covid grant St Luke's covid grant Christ church covid grant Winmarleigh School				1,000 1,000 1,000 1,000 12,500 3,500 1,000 2,000 2,000 2,000 1,000 1,000 5,000 1,000 1,000	500 500 2,000 10,000 500 500 500 500 15,000 15,000 15,000
				45,000	66,000

4.	Grants payable	Grants payable	- continued	- continued
	The total	grants	paid to individuals			during the year was as follows:
							2022	2021
	Individual	grants					1,200		250
5.	Support	costs
								Governance
								costs
	Education							7,	158
6.	Auditors'	remuneration
							2022	2021
	Fees payable to the charity's				auditors	for the audit ofthe charity's	financial
	statements						3,102	2,969
	Trustees'	remuneration		and benefits
	There were no trustees' 31March 2021.			remuneration		or other benefits for the year ended 31 March 2022 nor for the year			ended

Clerk and assistant	Clerk and assistant		2022	2021
			1	1
No employees	received emoluments	in excess of660,000.

9.	Comparatives for the statement	Comparatives for the statement	Comparatives for the statement	offinancial activities
					Unrestricted	Endowment	Total
					fund	funds	funds
	Income and endowments		from
	Investment income				128,291		128,291
	Expenditure on
	Charitable activities
	Education				84,819		84,819
	Chapel Maintenance				1,696		1,696
	Total				86,515		86,515
	Net gains on investments				182,411	497,806	680,217
	NET INCOME				224,187	497,806	721,993
	Reconciliation offunds
	Total funds brought	forward			1,096,406	2,673,525	3,769,931
	Total funds carried	forward			1,320,593	3,171,331	4,491,924
10.	Fixed asset investments
							Listed
							investments
	Market value
	At 1 April 2021 Revaluations						4,294,597 381,278
	At 31 March 2022						4,675,875
	Net book value
	At 31 March 2022						4,675,875
	At 31March 2021						4,294,597

10.	Fixed asset	investments -continued	investments -continued	investments -continued
	Cost or valuation		at 31 March 2022		is	represented	by:
										Listed
										investments
	Valuation in 2022 Cost									3,847,226 828,649
										4,675,875
11.	Debtors: amounts			falling due within		one year
									2022	2021
	P repayments								252	252
12.	Creditors: amounts			falling due within		one year
									2022	2021
	Accrued expenses								3,060	g 2,970
13.	Movement	in funds
									Net
									movement	At
								At I/4/21	in funds	31/3/22
	Unrestricted	funds						g
	General fund							1,320,593	31,793	1,352,386
	Endowment	funds
	Central Board ofFinance Investment Fund CBFChurch ofEngland Property Fund							2,928,251 243,080	246,782 36,448	3,175,033 279,528
								3,171,331	283,230	3,454,561
	TOTAL FUNDS							4,491,924	315,023	4,806,947

							Incoming	Resources	Gains and	Movement
							resources	expended	losses	in funds
Unrestricted		funds
General fund							132,980	(199,235)	98,048	31,793
Endowment		funds
Central Board ofFinance Investment Fund CBFChurch ofEngland Property Fund									246,782 36,448	246,782 36,448
									283,230	283,230
TOTAL FUNDS							132,980	(199,235)	381,278	315,023
Comparatives		for movement		in	funds
									Net
									movement	At
								At I/4/20	in funds	31/3/21
Unrestricted		funds
General fund								1,096,406	224,187	1,320,593
Endowment		funds
Central Board ofFinance Investment Fund CBFChurch ofEngland Property Fund								2,425,144 248,381	503,107 (5,301)	2,928,251 243,080
								2,673,525	497,806	3,171,331
TOTAL FUNDS								3,769,931	721,993	4,491,924
Comparative	net movement		in	funds,		included	in the above are as follows:
							Incoming	Resources	Gains and	Movement
							resources	expended	losses	in funds
Unrestricted		funds
General fund							128,291	(86,515)	182,411	224,187
Endowment	funds
Central Board ofFinance Investment Fund CBFChurch ofEngland Property Fund									503,107 (5,301)	503,107 (5,301)
									497,806	497,806
TOTAL FUNDS							128,291	(86,515)	680,217	721,993

			2022	2021
	Unrestricted	Endowment	Total	Total
	funds	funds	funds	funds
Income and endowments
Investment income
Dividends on fixed asset investments	132,980		132,980	128,291
Total incoming resources	132,980		132,980	128,291
Expenditure
Charitable activities
Repairs to schools Chapel organ maintenance Chapel expenses Grants to institutions Grants to individuals	143,897 540 1,440 45,000 1,200		143,897 540 1,440 45,000 1,200	11,864 220 1,476 66,000 250
	192,077		192,077	79,810
Support costs
Governance costs
Wages Auditors' remuneration Insurance Postage and stationery	3,600 3,102 336 120		3,600 3,102 336 120	3,400 2,969 336
	7,158		7,158	6,705
Total resources expended	199,235		199,235	86,515
Net income	(66,255)		(66,255)	41,776