##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|FORTHE YEAR ENDED 31STDECEMB|ER 2022|||||
|---|---|---|---|---|---|
|||||2022|2021|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|fih0ds|
||Notes|f,||E||
|INCOME AND ENDOWMENTS FROM||||||
|Donations
and legacies||395||395|45,214|
|Investment
income||29,692||29,692|70,657|
|Revaluation ofproperties||80 000||00000||
|Total||110,087||110087|115871|
|EXPENDITURE ON||||||
|Letting ofproperties|4|7,315||7,315|34,247|
|Charitable
activities||||||
|Donations|||||205,665|
|Subsistence
grants for priests
Premises and support costs
Administration
costs||7,500
3,382
19,585||7,500
3,382
19,585|37,500
13,651
33,572|
|Gift to StAlbans Parish||405,000||405,000||
|Total||442 702||442 702|324,635|
|Transfer ofassets to MSC Charity Trust||3,643,492||~3.643,492||
|NET INCOME/(EXPENDITURE)||(3,976,187)||(3,976,187)|(208,764)|
|RECONCILIATION
OFFUNDS||||||
|Total funds brought
forward||3,976,187||3,976,187|4,184,951|
|TOTAL FUNDS CARRIED FORWARD|||||3 976 187|
##
|BALANCESHEET
31STDECEMBER 2022||||||
|---|---|---|---|---|---|
|||||2022|2021|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets|||||3,430,062|
|CURRENT ASSETS||||||
|Debtors|||||820,469|
|CREDITORS||||||
|Ainounts
falling due within one year|||||(274,344)|
|NET CURRENT ASSETS|||||646 129|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES|||||3,976,187|
|NET ASSETS|||||3,976,187|
|FUNDS|10|||||
|Unrestricted
funds|||||9976 167|
|TOTAL FUNDS|||||3,976,187|
##
##
##
##
##
##
##
##
##
##
##
|2.|DONATIONS
AND LEGACIES|||
|---|---|---|---|
|||2022|2021|
|||k|6|
||Donations|395|~45
14|
|3.|INVESTMENT INCOME|||
|||2022|2021|
|||K||
||Rents received|29,692|69,253|
||Deposit account interest||1404|
|||~29 692|70,657|
||LETTING OFPROPERTIES|||
||Property
costs|2022|2021|
||Light and heat
Rates and water|751
I+48|1,721
2,481|
||Repairs and maintenance
Ground rent and service charges
Management
fees|2,171
1,047
1,998|22,864
2,666
4,515|
|||7,315|34247|
##
|S TOTHE FINANCIAL STATEMENTS -continued
THE YEAR ENDED 31STDECEMBER 2022|S TOTHE FINANCIAL STATEMENTS -continued
THE YEAR ENDED 31STDECEMBER 2022|||
|---|---|---|---|
|COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES||||
||Unrestricted|Restricted|Total|
||fund|fund|funds|
|INCOME AND ENDOWMENTS FROM||||
|Donations
and legacies|44,442|772|45,214|
|investment
income|70,657||70 637|
|Total|115,099|772|115,871|
|EXPENDITURE ON||||
|Letting ofproperties|34,247||34,247|
|Charitable
activities||||
|Donations|190,000|15,665|205,665|
|Subsistence
grants for priests
Premises and support costs
Administration
costs|37,500
13,651
33,572||37,500
13,651
33,572|
|Total|300370|35,663|320633|
|NET INCOME/(EXPENDITURE)|(193,871)|(14,893)|(208,764)|
|RECONCILIATION
OF FUNDS||||
|Total funds brought
forward|4,170,058|14,893|4,184,951|
|TOTAL FUNDS CARRIED FORWARD|3,976,187||3,976,187|
##
##
|TANGIBLE FIXEDAS|SE|TS||||||
|---|---|---|---|---|---|---|---|
|||||||Fixtures,||
|||||||fittings||
||||Freehold||Other|and||
|||investment|||treehold|computer||
||||property||property|equipment|Totals|
||||||g||6|
|COST ORVALUATION
At 1stJanuary 2022
Disposals
Revaluations||2,675,000
(2,755,000)
80000|||755,000
(755,000)|74,597
(74,597)|3,504,597
(3,584,597)
$0,000|
|At 31stDecember 2022||||||||
|DEPRECIATION||||||||
|At 1stJanuary 2022
Eliminated
on disposal||||||74,535
~74,53|74,535
~74 030|
|At 31stDecember 2022||||||||
|NET BOOK VALUE||||||||
|At 31stDecember 2022||||||||
|At 31stDecember 2021||2|675|000|755,0DD|62|3430,062|
|Cost or valuation
at 31stDecember 2022 is represented||||by:||||
|Freehold investment
property||includes the following:|||||At valuation|
|Farmland|||||||1,200,000|
|East Lodge, Princethorpe
The Retreat Centre, Princethorpe|||||||425,000
725,000|
|Gardener's
Cottage, Princethorpe|||||||325 000|
||||||||02675000|
|Other 1'reehold property
includes the following:|||||||At valuation|
||||||||5|
|2 Vita House, Charrington|Place, StAlbans||||||350,000|
|The Presbytery,
Beaconsfield||Road, StAlbans|||||405000|
||||||||755,000|
|FO|RTHE YEAR ENDED 31STDECEMBER2022|RTHE YEAR ENDED 31STDECEMBER2022|RTHE YEAR ENDED 31STDECEMBER2022|RTHE YEAR ENDED 31STDECEMBER2022|RTHE YEAR ENDED 31STDECEMBER2022|||
|---|---|---|---|---|---|---|---|
|8.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||||||
|||||||2022|2021|
|||||||E|f,|
||Other debtors
Prepayments
and accrued income||||||814,132
~6337|
||||||||~820469|
|9.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
|||||||2022|2021|
||Other creditors||||||268,403|
||Accruals and|deferred income|||||5,941|
||||||||~274 344|
|10.|MOVEMENT IN FUNDS|||||||
|||||||Net||
|||||||movement|At|
||||||At 1.1.22|in funds|31.12.22|
||||||||f,|
||Unrestricted|funds||||||
||General fund||||3,976,187|(3,976,187)||
||TOTAL FUNDS||||3976 187|3976,187||
||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|||110,087|(442,782)|(3,643,492)|(3,976,187)|
||TOTAL FUNDS|||118D87|442,782|3643,492|3,976,18|
||Comparatives|for movement|in funds|||||
|||||||Net||
|||||||movement|At|
||||||At 1.1.21|in funds|31.12.21|
||Unrestricted|funds||||||
||General fund||||4,170,058|(193,871)|3,976,187|
||Restricted funds|||||||
||MSC South Africa Fund||||14,893|(14,893)||
||TOTAL FUNDS||||4,184,95 1|~2D8,764|3976,187|
##
##
|Comparative
net movement
in funds, included|in the above are as follows:|||
|---|---|---|---|
||Incoming|Resources|Movement|
||resources|expended|in funds|
|Unrestricted
funds||||
|General fund|115,099|(308,970)|(193,871)|
|Restricted funds||||
|MSC South Africa Fund|772|(15,665)|(14,893)|
|TOTAL FUNDS|115,871|~324635|~208764|
##
##