2021-12-31-accounts

TABLE OF CONTENTS				PAGE NUM
Vision Statement
Directors Annual Report
Administrative details				12
Independent Auditors	Report			14
Statement of Financial	Activities incorporating	Income and Expenditure	Account
Balance Sheet				19
Notes to the Financial	Statements			20

					Unrestricted	Restricted	Total Funds
					Funds	Funds	2021	2020
			Note		E	f	E	f
Income from
Donations					52,229	15,842	68,071	166,713
Other trading activities					87,493	23,193	110,686	117,540
Investments					54,330	7,022	61,352	58,714
					194,052	46,057	240,109	342,967
Expenditure on
Charitable activities				5/6	(302,122)	(62,978)	(365,100)	(384,182)
Total					(302,122)	(62,978)	(365,100)	(384,182)
Net income/(expenditure)	before investment	gains/losses			(108,070)	(16,921)	(124,991)	(41,215)
Net gains on investments						303,449	303,449	113,368
Net income /(expenditure)					(108,070)	286,528	178,458	72,153
Transfers between funds
Net movement in funds					(108,070)	286,528	178,458	72,153
Total funds brought forward					340,447	2,050,642	2,391,089	2,318,937
Total funds carried forward					232,377	2,337,170	2,569,547	2,391,089

						2021	2020
					Note	E	E
Fixed assets
Tangible fixed assets					11
Investments					12	2,376,144	2,212,697
						2,376,144	2,212,697
Current assets
Debtors						91,689	6,857
Deposits						61,134	56,911
Cash at bank						80,214	159,187
						233,037	222,955
Creditors: amounts	falling		due within one year		14	(39,634)	(44,563)
Net current assets						193,403	178,392
Net assets						2,569,547	2,391,089
The funds ofthe charity:
Restricted income funds						2,337,170	2,050,642
Unrestricted income		funds	—general			232/377	340,447
Total funds					16	2,569,547	2,391,089
FUNDS
Restricted income funds						2,337,170	2,050,642
Includinginvestment		revaluation		reserve ofE1,091,807
(2020:2849,141)
Unrestricted income		funds				232,377	340,447
Including investment		revaluation		reserve off92,788
(2020:580,113)
Total funds						2,569,547	2,391,089

2	Donations
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2021
							f
	Donations				16,045		16,045
	DBF Grant
	Service agreement	receipts			36,184		36,184
	Other grants received					15,842	15,842
					52,229	15,842	68,071
	Donations
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2020
					f	f	f
	Donations				16,583		16,583
	DBFGrant				81,250		81,250
	Service agreement	receipts			33,880		33,880
	Other grants received					35,000	35,000
					131,713	35,000	166,713
3	Other trading activities
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2021
					f		f
	Rental income from investment			properties		23,193	23,193
	Conference fees	income			14,808		14,808
	DMAT Income				55,911		55,911
	School Improvement		income		16,774		16,774
					87,493	23,193	110,686
	Other trading activities
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2020
					f		f
	Rental income from		investment	properties		34,318	34,318
	Conference fees	income			15,297		15,297
	DMAT Income				62,224		62,224
	School Improvement		income		5,700		5,700
					83,222	34,318	117,540

4	Investment	income	income
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2021
					f		f
	Bank interest receivable				9	7,022	7,031
	Income from		UK listed investments		54,321		54,321
					54,330	7,022	61,352
	Investment		income
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2020
					f	f	f
	Bank interest receivable				80		80
	Income from UK listed investments				38,710	19,924	58,634
					38,790	19,924	58,714
5	Costs ofcharitable			activities by fund type
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2021
					f		f
	Support for		church	schools 5academies	281,802	62,978	344,780
	Support costs				20,320		20,320
					302,122	62,978	365,100
	Costs ofcharitable			activities by fund type
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2020
					f	f	f
	Support for		church	schools 8 academies	264,496	97,504	362,000
	Support costs				22,182		22,182
					286,678	97,504	384,182

Costs ofcharitable	activi	ties by activity type
			Activities
			undertaken	Support		Total Funds
			directly	costs		2021
			f		E.	f
Support for church	schools		332,157	13,843		346,000
Governance:
Audit fees				6,477		6,477
Legal and professional		fees	12,623			12'623
			344,780	20,320		365,100
Costs ofcharitable	activities by activity type
			Activities
			undertaken	Support		Total Funds
			directly	costs		2020
Support for church	schools		349,386	15,822		365,208
Governance:
Audit fees				6,360		6,360
Legal and professional		fees	12,614			12,614
			362,000	22,	182	384,182
Support costs	comprise of
				2021
Rent				5,192
Office costs				8,651
Audit fee				6,477
				20,320
				2020
				E
Rent				5,192
Office costs				10,630
Audit fee				6,360
				22,182

	7	Net (outgoing)/incoming	resources	resources	forthe year
								2021	2020
								E	E
		Auditors' remuneration:						6,477	6,360
8		Employee details
		Total staff costs were as follows:						2021	2020
								f	E
		Wages and salaries						225,369	206,270
		Social security costs						24,520	22,390
		Other pension costs						29,777	27,983
								279,666	256,643
		The total number ofstaff employed		during 2021was 11(2020:11)During			the year two members	ofstaff left,
		one partly funded by JET, one	by a	grant	received from Hild Bede	Trust.
		At 31st December 20219staff	remained.		Total staff costs funded	by Hild	Bede Trust totalled f40,409
		The remaining staff and costs	disclosed		within these financial statements		represent 50%ofthe	JETdue to
		the joint contracts ofemployment		with	the DDBF.

the joint contracts ofemployment wit	h the DDBF.
		2021	2020
		No	No
Average FTEstaff members
Four employees received emoluments	of more than E60,000during the year (2020-four employees).	2021	2020
Band f60,000-f70,000		3	3
Band E70,000-f80,000		0	0
Band f80,000-f90,000		1	1

Summary offund	movements
		Balance at1	Incoming	Outgoing	Gains and			Balance at31
		lan 2021	resources	resources	losses	Transfers		Dec2021
Restricted Income	Funds:	f		f			f	f
Section Monies Fund		1,705,861	23,193	(21,483)	293,788			2,001,359
Special Purposes	Fund	304,152	7,022	(1,085)	9,661			319,750
Interfaith Project
Educational Grants		40,629	15,842	(40,410)				16,061
		2,050,642	46,057	(62,978)	303,449			2,337,170
Unrestricted Income Funds:
General Funds		340,447	194,052	(302,U2)				232,377
Total Funds		2,391,089	240,109	(365,100)	303,449			2,569,547

Summary offund movements
	Balance at1	Incoming	Outgoing	Gains and			Balance at31
	Jan 2020	resources	resources	losses	Transfers		Dec2020
Restricted Income Funds:	f		f			f	f
Section Monies Fund	1,633,087	34,318	(60,720)	99,176			1,705,861
Special Purposes Fund	279,883	19,924		4,345			304,152
Educational Grants	42,413	35,000	(36,784)				40, Ei29
	1,955,383	89,242	(97,504)	103,521			2,050,642
Unrestricted Income Funds:
General Funds	363,554	253,725	(286,678)	9,847			340,447
Total Funds	2,318,937	342,967	(384,182)	113,368			2,391,089

					Fixtures &
					Fittings	Total
					f	f
At cost
At 1January		and 31December 2021			2,868	2,868
Accumulated		depreciation
At 1January		and 31December 2021			2,868	2,868
Net book value at 31			December 2021
12	Investments
				Investment	CCLA
				Property	investments	Total
				f	f	f
	Within the United		Kingdom
	At 1January 2021			265,000	1,947,697	2,212,697
	Additions
	Disposals			(90,000)	(43,898)	(133,898)
	Revaluation			25,000	272,345	297,345
	At 31December 2021			200,000	2,176,144	2,376,144
	Historical	cost at 31December 2021		25,000	1,166,549	1,191,549

13	Debtors
			2021	2020
			f	f
	Due within one year
	Loan to parish for school house			2,630
	Other debtors		16,689	4,227
			16,689	6,857
	Due after	one year
	Spittal nursery		75,000
			75,000
			91,689	6,857
14	Creditors
			2021	2020
			f	f
	Amounts	falling due within one year
	Trade Creditors			8,529
	Taxation	and social security	12,866	12,691
	Other Creditors		20,291	16,983
	Accruals		6,477	6,360
			39,634	44,563

					Fixed assets	Net current
					Investments	assets	Total 2021
					f	f	f
Restricted Income				Funds:
Section	Monies Fund				1,856,394	144,965	2,001,359
Special Purposes			Fund		319,750		319,750
Educational		grants				16,061	16,061
					2,176,144	161,026	2,337,170
Unrestricted		Income Funds:
General	Funds				200,000	32,377	232,377
					2,376,144	193,403	2,569,547
Analysis	of	net assets between funds
					Fixed assets	Net current
					Investments	assets	Total 2020
					f	f	E
Restricted Income				Funds:
Section	Monies Fund				1,802,908		1,802,908
Special	Purposes			Fund	189,788	17,316	207,104
Educational		grants				40,629	40,629
					1,992,696	57,945	2,050,641
Unrestricted		Income Funds:
General	Funds				220,000	120,447	340,447
					2,212,696	178,392	2,391,088

	Durham	Newcastle	2021	2020
	Schools	Schools
	E	f
Opening balance for year	361,213	902,306	1,263,519	1,170,440
Receipts	671,597	1,182,253	1,853,850	2,433,269
Payments	(700,830)	(1,324,604)	(2,025,435)	(2,340,190)
Closing balance foryear	331,980	759,955	1,091,935	1,263,519