2023-03-31-accounts

					Total		Total
				Unrestricted	funds	Unrestricted	funds
				Funds	2023	Funds	2022
Income and Expenditure			Note	6
Donation from Southwick/Boarhunt		CC		5,079	5,079	42,685	42,685
Bank interest
Income from investments				56,385	56,385	45,788	45,788
Total Incoming Resources				61,464	61,464	88,473	88,473
Resources Expended
Direct charitable expenditure				81,038	81,038	59,151	59,151
Other expenditure				4,174	4,174	1,024	1,024
Investment management fees				7,985	7,985	8,432	8,432
Total Resources Expended				93,197	93,197	68,607	68,606
Net Incoming/(Outgoing)	Resources for the Year			(31,733)	(31,733	19,866	19,867
Other recognised gains and losses
Gains/(losses) on investments			5	(146,551)	(146,551)	92,404	92,404
Net Movement ofFunds				178,284	178,284	11E270	112,270
Balance Brought Forward	at 1stApril 2022			1,706,279	1,706,279	1,594,009	1,594,009
Balance Carried Forward	at 31st	March 2023		1,527,995	1,527,995	1,706,279	1,706279

2	Direct	charitable expenditure		2023	2022
				8	8
	Contribution to cost of Stipend		and pension ofChaplain	58,748	44,225
	Church	repair costs		22,290	14,926
				81,038	59,151

3	Other expenditure	Other expenditure	2023	2022
			8	8
	Accountant's	fees	1,174	1,024
	Donation		3,000
			4,174	1,024
4	Liabilities		2023	2022
			8	8
	Contribution	to Stipend		1,231
	Other creditor		54
	Accrual		950	850
			1,004	2,081

Investments
Carrying value (market value)	at	beginning	ofyear	1,612,480
Additions to investments at cost				244,161
Disposals at carrying value				(239,009)
Net gain/(loss) on revaluation				(146,551)
Carrying value (market value)	at	end ofyear		1,471,081
Historic cost				1,208,848
The market value ofthe porffolio		consists	of:
Equity Investment	Instruments			1,306,084
Funds &Government		stock		164,997
				1,471,081