| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| RESTRICTED FUNDS | Income | Capital | Income | Capital | ||
| TOTAL INCOME | AND | |||||
| ENDOWMENTS | ||||||
| Donations and Legacies |
8,870 | 39,510 | ||||
| Investments: | ||||||
| Dividends | 53,502 | 47,953 | ||||
| Interest | 2,686 | 2,855 | ||||
| TOTAL INCOME | 56,187 | 8,870 | 50,808 | 39,510 | ||
| EXPENDITURE ON RAISING | ||||||
| FUNDS | ||||||
| Bank charges | 120 | 120 | ||||
| Accountancy | 404 | 384 | ||||
| Brokers Fees | 321 | 11,554 | 303 | 10,337 | ||
| TOTAL | 845 | 11,554 | 807 | 10,337 | ||
| EXPENDITURE ON CHARITABLE | ||||||
| ACTIVITIES | ||||||
| Grant to All Saints PCC for music | 50,400 | 50,400 | ||||
| Grant for John Birch Organ Scholarship | 3,600 | 3,600 | ||||
| TOTAL | 54,000 | 54,000 | ||||
| Profit/(loss) on sale |
ofinvestments | -6,249 | -70,102 | |||
| NKT INCOME | 1,343 | -8,933 | -3,999 | -40,928 | ||
| Revaluation ofinvestments |
214,590 | -31,876 | ||||
| NKT MOVEMKNT | OF FUNDS | 1,343 | 205,657 | -3,999 | -72,805 | |
| Total funds brought | forward | 13,676 | 1,811,139 | 17,675 | 1,883,944 | |
| Total funds carried forward | 15,019 | 2,016,796 | 13,676 | 1,811,139 |
| as at 31" | Decembe | r 2021 | ||
|---|---|---|---|---|
| Notes | 31"December | 31"December | ||
| 2021 | 2020 | |||
| FIXEDASSETS | ||||
| Investments | Equities | 1,710,260 | 1,440,164 | |
| Fixed Interest | 0 | 79,568 | ||
| Bonds | 277,672 | 177,953 | ||
| 1,987,932 | 1,697,685 | |||
| CIJRRENT ASSETS | ||||
| Bank current account | 2,913 | 50,508 | ||
| Deposit accounts | ||||
| Central Board ofFinance | 819 | 36,818 | ||
| Brewin Dolphin | 40,551 | 40,184 | ||
| CURIWNT ASSETS | 44,283 | 127,510 | ||
| CREDITORS; amounts due |
||||
| within one year |
-400 | -380 | ||
| NET CURRENT | ASSETSLESS | |||
| CIJRRKNT LIABILITIES | 43,883 | 127,130 | ||
| NKT ASSETS | 2,031,815 | 1,824,815 | ||
| FUNDS | ||||
| Capital Fund | 2,016,796 | 1,811,139 | ||
| Income Fund | 15,019 | 13,676 | ||
| TOTAL FUNDS | 2,031,815 | 1,824,815 |
| Note IINVESTMENTS | |||
|---|---|---|---|
| Cost | Revaluation | Market Value | |
| At 31"December 2020 | 1,265,067 | 432,617 | 1,697,684 |
| Sales during year | -273,222 | -29,652 | -302,874 |
| Purchases during year |
384,781 | 28,506 | 413,286 |
| Profit on realisation | -6,249 | -6,249 | |
| Revaluation on existing shares |
186,084 | 186,084 | |
| At 31"December 2021 | 1,376,626 | 611,306 | 1,987,932 |
| Capital | Income | Total | |
|---|---|---|---|
| Investments | 1,987,932 | 1,987,932 | |
| Current Assets | 28,864 | 15,019 | 43,883 |
| Fund Balance | 2,016,796 | 15,019 | 2,031,815 |
| Comprising: | |||
| John Birch Organ Scholarship | 116,872 | 760 | |
| Choir general | 1,899,924 | 14,259 |