2021-03-31-accounts

Charity number	Charity number	529989
Independent	examiner	Anthea Grange FCA
		Douglass Grange
		Stanley House
		Phoenix Park
		Blakewater Road
		Blackbum
		BB1SRW
Trustee		The General Conference ofthe New Church
		(Acompany limited by guarantee)
		Purely Chase Centre, Purely Chase Lane, Mancetter
		Atherstone, Warwickshire, CV9 2RQ
		Secretary: MsJ2Brooks
Administration		General control and management	is the responsibility			ofthe
		College Council.
		Policy is overseen by Govemers,	who elect membem			ofthe
		Council.
		Land and investments are held in	the name of	the	Trustee.
Objectives		The main objectives is the education ofmembem			ofthe New
		Church
Charity Office		25 Radditfe New Road, Raddiffe,	Manchester,	M26 1LE
Banker		National Westminster Bank pic. Prestwich, Manchester
Investment	Manager	Brewin Dolphin SecurNes Ltd
		5Glitspur Street, London, EC1A9BD
Permanent	Endownment	An investment fund the investment	policy ofwhich		is overseen		by
		the Trustee

				UnrestrlcladUruesbtcted	UnrestrlcladUruesbtcted		R striated	Total	Total
				funds	funds	Endowment
				general	Jersey		funds
				2021	2021		2021
			Notes		6
Dcna8cns and legacies				19,107				19,107	17,146
Other trading activism				6,193				6,193	6,726
Investments				58.166	9.268			67,434	97,050
Other hcome				1,356				1,356	187
Totallncome								94,090	121,109
			7	11,335	2,643			13,978	14299
Caatlable acbvi8es								98295	115,145
Total resources	expended			109,630	2,643			112,273	129,444
Net gains/(braces) on investments			11	201,506	82,759		318,851	603,116	(297,082)
Net Incomlngl(outgoing)		resources
before tansfers				176,698	89.384		318,851	58'4.933	(305.417)
Gross transfers between funds				18,700	(9,570)		(9,130)
Net movement	in funds			195,398	79,814		309,721	584,933	(305,417)
Fund balances at 1April 2020				930,989	345,992		1,324,444	2,601,425	2,906,842
Fund balances	al 31March 2021			1,126,387	425,806		1,634,165	3,186,358	2,601,425

Fixed assets
Investments			12		3,167,620		2,577,833
Current assels
Debtors			14		12,088	12,967
Cash at bank snd in	hand				24,567	43,572
Credborsr amounts orle year	falling	due within 15			(17,917)	(32.947)
Net current assets					18,738		23,592
Total assets less cunent liabilides					3,186,358		2,601,425
Capital funds Endowment funds					1,634,165		1,324,444
Income funds
Unrestricted funds -	Jersey	Educa5on			425,806
Unrestricted funds -	general				1,126,387		930,989
					3,186,358		2,601,425
Th M	PP	d tv lt	C kacy C	I	5 Tllk77D.,I
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3	Donations and	legacies
			Unrestricted	Unrestricted
			funds	funds
			general	general
			2021	2020
			6	6
	Donations and	gihs	19.107	17,146
4	Other trargng	thrities
			Un estrkbd	Unrestricted
			funds	funds
			general	general
			2021	2020
			6
	Fees		6,193	6,726

tnvestments
	U~Un~		Total	Total
	funds	funds	2021	2020
	general f	Jersey 6
Use ofcollege premises	(399)		(399)	8,549
Income from listed invesbnenls	58,565	9,268	67,833	88.501
	58,166	9,268	67,434	97,050
Forthe year ended 31March 2020	84,644	12,406		97.050

Other	income
		Un~	Un	esbicted
		funds		funds
		general		general
		2021		2020
		6
Other	income			187

		Un~Un	strlcted	Total	Total
		funds	funds	2021	2020
		general	Jersey
		6	6
		11,335	2,643	13,978	14,299
		11,335	2,643	13,978	14,299
Forthe year ended 31March 2020
Invesbnent	management	11,604	2,695		14,299

			Charitable	Charitable
			Expenditure Expenditure
			2021	2020
			8	6
Staif costs			60,912
Module writing and tutorial	expenses		4,302	4,421
Support services Leaders budgets			127	3.170
ldbrary induding distance learning Office equipment -purchases, leasing and maintenance			25 1,980	3,107
Property expenses - regular			7,386	8,049
Property expenses -other			9,248	6,526
Jersey Fund confemnce student support			6.488	8,684
Catering and housekeeping			87	1,291
Telephone, fax and internet			942	847
Stabonery and postages Council and staff expenses			316 58	4,669
Miscellaneous			2,958	1,165
Bank and interest charges			168	255
Professional fees (exd.JEF)			3,300	3,300
			98295	115,145
			98,295	115,145

The average	monthly number ofemployees during the y	ear was:
		2021	2020
		Number	Number
Adminisbubon
Spiritual and	education leaders
Employment	costs	2021
		6
		60.912

		UnrestrictedUnrestricted	UnrestrictedUnrestricted	Restricted	Total	Total
		funds	funds Endowment		2021	2020
		general	Jersey	funds
		0	8	8
Revaluation Gain/(toss)	of investmenis on sale ofinvestments	205,532 (4,026)	86,329 (3,570)	316,881 1,970	608,742 (5,626)	(325,582) 28,500
		201,506	82,759	318,851	603,116	(297,082)
Forthe year
ended 31
March 2020		(91,147)	(43,136)	(162.799)		(297,082)

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13	Financial instruments	Financial instruments			2021	2020
					6	5
	Carrying amount of		gnanctat assets
	Instruments measured		atfair value through	prolit orloss	1,033.752
14	Debtom
					2021	2020
	Amounts falling due		whhin one year.		6
	Corporadon tax recoverable					450
	Other debtors				10,017	9,429
	prepayments and accrued income				1,671	3.088
					12,088	12,967
15	Creditors: amounts	faging due within one year
	Accruals and delwred		income		17.917	32,947

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