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2021-12-31-accounts

REFERENCE AND ADMINIS TRATIVE INFO RMATION
Charity Name: The Parochial Church Council ofthe Ecclesiastical Parish of
Southampton City Centre
Registered Charity Number: 1126950
Incumbent: Rev'd Jon Finch Vicar App June 2018
Ms Catherine
Delve
Co-Chair App Apr 2019
DrNicholas Fuggle Co-Chair App Dec2018
Clergy: Rev'd Jon Finch Vicar App June 2018
Rev'd Jonny Goodchild Curate App June 2020
Rev'd Nathan Leigh Curate App Jul 2019
Church Wardens: Ms Catherine
Delve
Co-Chair App Apr 2019
Dr Nicholas Fuggle Co-Chair App Dec2018

REFERENCE AND ADM REFERENCE AND ADM INISTRATIVE INF OR MAT ION (CONTINUE D)
Deanery Synod Ms Gemma Snell App Oct 2020
Representatives: Mr Chris Scoggins App Oct 2020
Other Elected Members: Mr Neil Atherton Treasurer App Feb 2019
ofthe PCC Mrs Juliet Collinson App Apr 2019
Mrs Susanna Stafford-Curtis App Apr 2019
Mrs Lizzie Nevard App Apr 2019
Mr Ayo Falade App Oct 2020
Ms Rachel Swift App Oct 2020
Ms Rachel Pawsey App Oct 2020
Dr Ben Thomas App Oct 2020
Miss Abielle Inegbenebho App Apr 2021
Secretary: Miss Emma Du Croz App Jul 2018
Our Advisors:
Independent Examiner. Abraham
BcDobell
230 Shirley Road
Southampton
S0153HR
Bankers: National
Westminster
Bank Plc
68 Above BarStreet
Southampton
S0147DS
Investment Managers: CCLA Investment Management Ltd
Senator House
85 Queen Victoria Street
London
EC4V 4ET

Unrestricted Restricted Endowment Total Funds
Notes Funds Funds Funds 2021 2020
INCOME
Donations
and legacies
402,200 102,060 504,260 439,853
Charitable
activities
13,909 13,909 5,128
Other trading activities 6,460 6,460 2/89
Investment
income
249 13 620 882 990
Other income 6,338 6,338 104
TOTAL INCOME 429,156 102,073 620 531,849 448,364
EXPENDITURE
Raising funds 1,012
Charitable
activities
393,073 92,153 620 485,846 377,860
TOTAL EXPENDITURE 393,073 92,153 620 485,846 378,872
NET INCOME LESSEXPENDITURE 36,083 9,920 46,003 69,492
NET GAINS/(LOSSES) ON
INVESTMKNTS 64 3,058 3,122 1,404
NET INCOME FORTHE YEAR 36,083 9,984 3,058 49,125 70,896
Transfers
between funds
12 2,955 (2,955)
NET MOVEMENT IN FUNDS
FORTHE YEAR 39,038 7,029 3,058 49,125 70,896
RECONCILIATION
OF FUNDS
Total funds brought forward 107,954 67,362 21,373 196,689 125,793
Total funds carried forward f146,992 f74,391 624,431 f245,814 6196,689

ASA T31DECE MBER2021 MBER2021
2021 2020
Notes
FIXEDASSETS
Tangible assets 13 184,421 180,045
Investments 14 24,946 21,824
TOTAL FIXEDASSETS 209,367 201,869
CURRENTASSETS
Debtors 15 10,449 14,529
Cash at bank and in hand 16 211,984 218,428
TOTAL CURRENT ASSETS 222,433 232,957
LIABILITIES
Creditors:
Amounts
falling
due within
one year 17 47,960 71,133
NET CURRENT ASSETS 174,473 161,824
TOTAL ASSETSLESSCURRENT
LIABILITIES 383,840 363,693
CREDITORS: Amounts falling due 18 138,026 167,004
after more than one year
NET ASSETS 20 K245,814 f.196,689
THE FUNDS OFTHE CHAMTY 21
Unrestricted
income funds
146,992 107,954
Restricted income funds 74,391 67,362
Endowment
funds
24,431 21,373
TOTAL CHARITY FUNDS K245,814 F196,689
Approved
by the trustees
on 28 April 2022 and signed on their behalf by:

DONA TIONS
AND L
EGACIES
Unrestricted Restricted Endowment Total Funds
Funds Funds Funds 2021 2020
Planned giving 182,705 1,000 183,705 202,771
Income Tax recoverable on planned
giving 41,934 41,934 39,127
Collections (open plate) at all services 890 890 2,522
Other donations 83,996 67,984 151,980 100,428
Grants 92,675 33,076 125,751 95,005

Unrestricted Restricted Endowment Total Funds
Funds Funds Funds 2021 2020
Fees 4,076 4,076 90
Other Church activities 9,833 9,833 5,038
613,909 f13,909 K5,128

OT HER TRADING ACTIVITI ES
Unrestricted Restricted Endowment Total Funds
Funds Funds Funds 2021 2020
Sale oft-shirts, books etc 25 25 94
Car park income:
Pay4Display and other
6,435 6,435 2,195
K6,460 K6,460 K2,289

INVESTM ENT INCOME
Unrestricted Restricted Endowment Total Funds
Funds Funds Funds 2021 2020
Dividends and interest &om investments 13 620 633 611
Rents 135 StMary Street 249 249 379
f249 f13 f620 f882 $990

OTHER INCOME
Unrestricted Restricted Endowment Total Funds
Funds Funds Funds 2021 2020
Interest &om HM Revenue 4,Customs 104
CJRS Grants 6,338 6,338
K6,338 K6,338
7. ANALYSIS OFEXPENDITURE ON RAISING FUNDS
Unrestricted Restricted Endowment Total Funds
Funds Funds Funds 2021 2020
Goods for resale and associated expenses 61,012

ANALYSIS OFEXPEN DITURE ON CHARIT ABLE ACT IVITIES
Unrestricted Restricted Endowment Total Funds
Funds Funds Funds 2021 2020
Grants to home nussions and other church
Societies 9,073 27,707 36,780 44,455
Parish share (4,719) (4,719) 22,000
Clergy and staffexpenses 18,483 898 19,381 3,748
Clergy houses 595
Church runrung
expenses
32,836 32,836 19,692
Church maintenance 23,533 13 23,546 14,592
Upkeep ofservices 32,442 32,442 24,506
Education and training 4,390 620 5,010 3,051
Salaries and agency staff 155,458 13,782 169+40 163,448
Other church activities and events 23,798 49,729 73,527 6,262
Support costs 97,059 24 97,083 74,791
Governance
costs
720 720 720
K393,073 892,153 8620 f485,846 f377,860

unrestricted
expenditure (note 8).
General Total Basis of
Support Governance Funds Apportionment
Office expenses 50,878 50,878 Usage
Accountancy and payroll fees 13,274 13,274 Usage
Independent Examiner's fee 720 720 Governance
Depreciation oftangible assets 22,714 22,714 Usage
Loan interest 3,970 3,970 Usage
Bank charges 419 419 Usage
Other fees 5,828 5,828 Usage
K97,083 f720 f97,803

GAI NS ORLOSSESON INVI&ATMENT
2021 2020
Gain on CBFInvestment K3,122 K1,404

FORTHE YEARENDED
31DECEMBER2021
15. DEBTORS
2021 2020
Other debtors 9,617 9,476
Prepayments 832 5,053
f10,449 f14,529
16. CASH AT BANK AND IN HAND
2021 2020
National
Westminster
Bank 207,092 213,191
Pleo Account 4,892 5,237
f211,984 f218,428
17. CREDITORS: Amounts falling due within one year
2021 2020
Other creditors 5,461 2,946
Accruals 5,511 32,107
Diocese loan 36,988 36,080
f47,960 f71,133
18. CREDITORS: Amounts falling due after more than one year
2021 2020
Loan &om the Diocese f138,026 6167,004

Financial instruments
measured
at amortised cost comprise
the following:
2021 2020
Financial assets that are debt instruments 10,449 14,529
Financial liabilities that are debt instruments 185,986 238,137

General Total Total
Unrestricted Restricted Endowment Funds Funds
Funds Funds Funds 2021 2020
Tangible assets 160,040 24,381 184,421 180,045
Investment assets 515 24,431 24,946 21,824
Current assets 172,938 49,495 222,433 232,957
Current liabilities (47,960) (47,960) (71,133)
Long-term liabilities (138,026) (138,026) (167,004)
f146,992 f74,391 f24,431 f245,814 f.196,689

21. ANALYSIS OFCHARITABLE ANALYSIS OFCHARITABLE ANALYSIS OFCHARITABLE FUNDS
At Incoming Outgoing Investment/ At
Anal
sisofMovements
in 01.01.21 Resources Resources Transfers Gains 31.1221
Unrestricted
Funds
General Funds 67,S42 349,611 324,641 36,192 - 129,004
Designated
Funds
Church planting 15,920 1,000 4,920 (12,000)
Diocese staff' 36,598 34,761 1,837
Fusion Student Worker 14,920 14,920
Diocese repayment 24,192 (24,192)
Flourish project 2,347 469 1,878
Facilities apprentice 24,680 13,362 2,955 14/73
Total Designated
Funds
40,112 79,545 68,432 33,237 17,988
Total Unrestricted 107,954 429,156 393,073 2,955 146,992
Funds
Ana
sis ofMovements
in
Restricted Funds
StMary Williams 451 13 13 64 515
Bishops Ord Fund 278 278
Bridge the Gap 2,452 6,795 7,641 1,606
Totton church plant 10,050 11,000 21,050
Facilities apprentice 2,955 (2,955)
Love your neighbour 45,153 3,698 13,051 35,800
(including
Saints in the
City)
Lyn DCMS 6,023 1,533 7,556
Alpha 9,400 7,051 2,349
Love Christmas 23,554 22,544 1,010
Lodge Road - Build 31,445 5,495 25,950
Lodge Road - StaF 14,635 7,752 6,883
Total Restricted Funds 67,362 102,073 92,153 (2,955) 64 74,391
Anal
sis ofMovements
in
Endowment
Funds
StMary Russell Bencraft 21,373 620 620 3,058 24,431
Total Endowment 21,373 620 620 3,058 24,431
Funds
Total Funds 6196,689 f531,849 f485,846 K3,122 f245,814