| Total | Total | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | funds | Unrestricted | funds | ||||
| Funds | 2022 | Funds | 2021 | ||||
| Income and Expenditure | Note | ||||||
| Donation from Southwick/Boarhunt |
CC | 42,685 | 42,685 | 3,128 | 3,125 | ||
| Bank interest | |||||||
| Income from investments | 45,788 | 45,788 | 47,940 | 47,940 | |||
| Total Incoming Resources | 68,473 | 88,473 | 51,068 | 51,068 | |||
| Resources Expended | |||||||
| Direct charitable expenditure |
59,151 | 59,151 | 78,874 | 78,574 | |||
| Other expenditure | 1,024 | 1,024 | 912 | 912 | |||
| Investment management |
fees | 8,432 | 8,432 | 7,602 | 7,502 | ||
| Total Resources Expended | 68,607 | 68,607 | 87,388 | 87,388 | |||
| Net Incoming Resources | for the | Year | 19,866 | 19,866 | (36,320) | (36,320) | |
| Other recognised gains |
and losses | ||||||
| Gains/(losses) on investments |
5 | 92,404 | 92,404 | (298,527) | (298,527) | ||
| Net Movement ofFunds |
112,270 | 112,270 | (334,947 | 334,947 | |||
| Balance Brought Forward at 1st | April 2021 | 1,594,009 | 1,594,009 | 1,525,482 | 1,525,482 | ||
| Balance Carried Forward | at 31stMarch 2022 | 1,706,279 | 1,706,279 | 1,331,702 | 1,331,702 |
| 2 | Direct charitable expenditure |
2022 | 2021 | |
|---|---|---|---|---|
| Contribution to cost of Stipend and pension |
of Chaplain | 44,225 | 43,743 | |
| Church repair costs | 14,926 | 35,131 | ||
| 59,151 | 78,874 |
| 3 | Other expenditure | Other expenditure | 2022f | 2021f |
|---|---|---|---|---|
| Accountant's | fees | 1,024 | 912 | |
| 1 424 | 912 | |||
| 4 | Liabilities | 2022f | 2021f | |
| Contdbution | to Stipend | 1 231 | 23,874 | |
| Other creditor | ||||
| Accrual | 850 | 750 | ||
| 2,081 | 24,624 |
| Carrying value (market value) |
at | beginning | ofyear | 1,580,924 |
|---|---|---|---|---|
| Additions to investments at cost |
226,915 | |||
| Disposals at carrying value |
(287,763) | |||
| Net gain/(loss) on revaluation |
92,404 | |||
| Carrying value (market value) |
at | end ofyear | 1,612,480 | |
| Historic cost | 1,145,706 | |||
| The market value ofthe porffolio | consists | of: | ||
| Equity Investment | Instruments | 1,407,510 | ||
| Funds &Government | stock | 204,970 | ||
| 1,612,480 |