|||Page||
|---|---|---|---|
|Reference and Administrative<br>Details||||
|Trustees' Report|2|to|4|
|Report ofthe Independent<br>Auditors|5|to|7|
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Notes to the Financial Statements|10|to|17|
|Detailed Statement ofFinancial<br>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<br>Sturton &|||
|||Gillibrand<br>LLP Solicitors|||
|||16Castle Park|||
|||LANCASTER|||
|||LA1 1YG|||
|Registered|charity number|526393|||
|Independent|auditors|Xeinadin Audit Limited|||
|||Chartered<br>Accountants|and Statutory Auditors||
|||Dalton House|||
|||9Dalton Square|||
|||LANCASTER|||
|||LA1 IWD|||
|Accountants||Scott &Wilkinson|||
|||Dalton House|||
|||9Dalton Square|||
|||LANCASTER|||
|||LA1 IWIJ|||





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||||||||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<br>Chapel Maintenance|||||197,255<br>1,980||197,255<br>1,980|84,819<br>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<br>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|





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|||||||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<br>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<br>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|





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





## 

|Charitable<br>activities costs||||||
|---|---|---|---|---|---|
||||Grant|||
||||funding of|||
||||activities|Support||
|||Direct|(see note|costs (see||
|||Costs|4)|note 5)|Totals|
|Education<br>Chapel Maintenance||143,897<br>1,980|46,200|7,158|197,255<br>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<br>Homby<br>Slyne-with-Hest<br>Thumb am<br>0verton<br>Diocese ofLiverpool<br>Yealand<br>Poulton-le-sands<br>Silverdale<br>Caton StPaul's<br>Bolton le Sands||||1,000<br>1,000<br>1,000<br>1,000<br>1,000<br>1,000<br>1,000<br>1,000<br>1,000|500<br>500<br>2,500<br>500<br>500<br>500<br>500<br>500|
|Dolphinholme<br>Ellel<br>Wilson Endowed School<br>Leek StPeter' s<br>Priory Music Trust<br>Ripley Pastoral OAicer<br>Christ Church<br>St Peter's Heysham<br>St Luke's Insurance<br>Scotforth Insurance<br>Christ Church Insurance<br>St Wilfiids<br>Halton School<br>StAnne's Stanley<br>Kirkby Lonsdale<br>St Paups covid grant<br>St Luke's covid grant<br>Christ church covid grant<br>Winmarleigh<br>School||||1,000<br>1,000<br>1,000<br>1,000<br>12,500<br>3,500<br>1,000<br>2,000<br>2,000<br>2,000<br>1,000<br>1,000<br>5,000<br>1,000<br>1,000|500<br>500<br>2,000<br>10,000<br>500<br>500<br>500<br>500<br>15,000<br>15,000<br>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'<br>31March 2021.|||remuneration||or other benefits for the year ended 31 March 2022 nor for the year|||ended|



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





## 

|9.|Comparatives<br>for the statement|Comparatives<br>for the statement|Comparatives<br>for the statement|offinancial activities||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Endowment|Total|
||||||fund|funds|funds|
||Income and endowments||from|||||
||Investment<br>income||||128,291||128,291|
||Expenditure<br>on|||||||
||Charitable<br>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<br>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<br>Revaluations||||||4,294,597<br>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<br>-continued|investments<br>-continued|investments<br>-continued|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||Cost or valuation||at 31 March 2022||is|represented|by:||||
|||||||||||Listed|
|||||||||||investments|
||Valuation<br>in 2022<br>Cost|||||||||3,847,226<br>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<br>2,970|
|13.|Movement|in funds|||||||||
||||||||||Net||
||||||||||movement|At|
|||||||||At I/4/21|in funds|31/3/22|
||Unrestricted|funds||||||g|||
||General<br>fund|||||||1,320,593|31,793|1,352,386|
||Endowment|funds|||||||||
||Central Board ofFinance Investment<br>Fund<br>CBFChurch ofEngland Property<br>Fund|||||||2,928,251<br>243,080|246,782<br>36,448|3,175,033<br>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<br>fund|||||||132,980|(199,235)|98,048|31,793|
|Endowment||funds|||||||||
|Central Board ofFinance Investment<br>Fund<br>CBFChurch ofEngland Property<br>Fund|||||||||246,782<br>36,448|246,782<br>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<br>Fund<br>CBFChurch ofEngland Property Fund||||||||2,425,144<br>248,381|503,107<br>(5,301)|2,928,251<br>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<br>Fund<br>CBFChurch ofEngland Property Fund|||||||||503,107<br>(5,301)|503,107<br>(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<br>income|||||
|Dividends<br>on fixed asset investments|132,980||132,980|128,291|
|Total incoming<br>resources|132,980||132,980|128,291|
|Expenditure|||||
|Charitable<br>activities|||||
|Repairs to schools<br>Chapel organ maintenance<br>Chapel expenses<br>Grants to institutions<br>Grants to individuals|143,897<br>540<br>1,440<br>45,000<br>1,200||143,897<br>540<br>1,440<br>45,000<br>1,200|11,864<br>220<br>1,476<br>66,000<br>250|
||192,077||192,077|79,810|
|Support costs|||||
|Governance<br>costs|||||
|Wages<br>Auditors'<br>remuneration<br>Insurance<br>Postage and stationery|3,600<br>3,102<br>336<br>120||3,600<br>3,102<br>336<br>120|3,400<br>2,969<br>336|
||7,158||7,158|6,705|
|Total resources expended|199,235||199,235|86,515|
|Net income|(66,255)||(66,255)|41,776|