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|Trustees||Rev. P Butler||
|---|---|---|---|
|||Canon<br>L Burton||
|||Rev. M Hobrough||
|||Miss. S Milner||
|||Rev. J Robertson||
|||Rev. D Rushton||
|||M Stand||
|||A Fowler||
|||P Howarth||
|||Prof. SForrest||
|Charity|number|527411||
|Auditor||Azets Audit Services||
|||Bede House||
|||Belmont Business Park||
|||DURHAM||
|||United<br>Kingdom||
|||DH1 1TW||
|Bankers||National<br>Westminster|Bank PLC|
|||12Market Place||
|||Durham||
|||County<br>Durham||
|||United<br>Kingdom||
|||DH1 3NG||





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|||Page|
|---|---|---|
|Trustees'<br>report||1-3|
|Statement<br>ofTrustees'|responsibilities||
|Independent<br>auditor's|report||
|Statement<br>offinancial|activities||
|Balance sheet|||
|Notes to the financial|statements|10-15|





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|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|F||f||
|Fixed assets||||||||
|Investments|||10||9,500,830||8,705,974|
|Current assets||||||||
|Debtors|||12|68,959||66,890||
|Cash at bank and|in|hand||191,643||149,226||
|||||260,602||216,116||
|Creditors: amounts||falling due within||||||
|one year|||13|(50,898)||(41,471)||
|Net current assets|||||209,704||174,645|
|Total assets less|current liabilities||||9,710,534||8,880,619|
|Capital funds||||||||
|Endowment<br>funds|||||2,241,355||2,241,355|
|Income funds||||||||
|Unrestricted<br>funds|-|designated|||7,047,025||6,252,169|
|Unrestricted<br>funds|-|general|||422,154||387,095|
||||||9,710,534||8,880,619|





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|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|general|general|
|2022|2021|
||f|
|276,598|264,449|





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|||||Advancement<br>of|Advancement<br>of|
|---|---|---|---|---|---|
|||||Higher &Further|Higher &Further|
|||||Education|Education|
|||||2022|2021|
||||||K|
|Grant|funding|ofactivities (see note 5)||225,402|246,650|
|Share|ofsupport costs (see note 6)|||5,937|'l1,300|
|Share|ofgovernance||costs (see note 6)|10,200|4,260|
|||||241,539|262,210|



## 

|||||Advancement<br>of|Advancement<br>of|
|---|---|---|---|---|---|
|||||Higher &Further|Higher &Further|
|||||Education|Education|
|||||2022f|2021|
|Grants to institutions:||||||
|North East Religious|Learning|&Resource Centre||124,000|124,000|
|St Hild 8 St Bede Chaplaincy||||2,000|2,000|
|St Hild's College Church of England|||School|8,000|8,000|
|College Chaplain||||38,502|30,689|
|Organ Scholarship||||2,400|2,400|
|Continuing<br>Ministerial|Development|||4,000|4,500|
|Church Schools &Academies||||20,000|35,000|
|Growing<br>Faith Project||||9,000|9,000|
|RETeacher Training|Unit|||10,000|30,000|
|Grants to Individuals||||5,300||
|Lindisfarne<br>College ofTheology||||2,200|1,061|
|||||225,402|246,650|





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|Support|c|osts|||||||
|---|---|---|---|---|---|---|---|---|
||||Support|Governance|2022Support costs||Governance|2021|
||||costs|costsf||f|costs<br>f||
|Staff costs|||1,401||1,401|5,965||5,965|
|Rent|||2,000||2,000|3,300||3,300|
|Postage 8||Stationery|570||570|300||300|
|Conference||fees 8|||||||
|travelling|expenses||94||94|252||252|
|Subscriptions|||323||323|150||150|
|Insurances|||||||||
||||1,549||1,549|1,333||1,333|
|Audit and|accountancy||||||||
|fees||||10,200|10,200||4,260|4,260|
||||5,937|10,200|16,137|11,300|4,260|15,560|
|Analysed|between||||||||
|Charitable||activities|5,937|10,200|16,137|11,300|4,260|15,560|



## 

|The average|monthly<br>number ofemployees<br>during th|e year was.||
|---|---|---|---|
|||2022|2021|
|||Number|Number|
|Clerk||||
|Employment|costs|2022f|2021<br>f|
|Wages and|salaries|1,401|5,965|





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|||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|---|
|||||||funds|funds|
|||||||designated|designated|
|||||||2022|2021|
|||||||E||
||Revaluation|of investments||||794,856|1,315,220|
|10|Fixed asset|investments||||||
||||||Listed|Unlisted|Total|
||||||investments|investments||
||||||E|f||
||Cost or valuation|||||||
||At 1 April 2021||||8,705,349|625|8,705,974|
||Valuation<br>changes||||794,856||794,856|
||At 31 March|2022|||9,500,205|625|9,500,830|
||Carrying<br>amount|||||||
||At 31 March|2022|||9,500,205|625|9,500,830|
||At 31 March|2021|||8,705,349|625|8,705,974|
|11|Financial<br>instruments|||||2022|2021|
|||||||f|f|
||Carrying<br>amount of||financial assets|||||
||Instruments<br>measured||at fair value through|profit or loss||9,500,205|8,705,349|
|12|Debtors|||||||
|||||||2022|2021|
||Amounts<br>falling due||within one year:|||F||
||Other debtors|||||68,959|66,890|
|13|Creditors: amounts||falling due within one year|||||
|||||||2022|2021|
||||||||f|
||Trade creditors|||||7,698|7,711|
||Other creditors|||||31,000|31,000|
||Accruals and|deferred|income|||12,200|2,760|
|||||||50,898|41,471|