REGISTERED CHARITY NUMBER: 1127332
Report of the Trustees and Unaudited Financlal Statements for the Year Ended 31 December 2021 for the PAROCHIAL CHURCH COUNCIL OF ST FRANCIS, BOURNVILLE
Stanley Yule Chartered Accountants Waterslde House Waterside1649 Pershore Business ParkRoad Birmingham West Midlands B30 3DR
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PCC OF ST FRANCIS, BOURNVILLE
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Contents of the Financial Statements for the year ended 31 December 2021
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| Trustees’ Annual Report | ito6é | |
| IndependentExaminer'sReport | 7 | |
| StatementofFinancialActivities | 8 | |
| Balance Sheet | 9 | |
| Notestothe Financial Statements | 10to 20 | |
| Detailed Statement of Financial Activities | 21 to 23 | |
| ComparativeDetailedStatementofFinancial | Activities | 24to26 |
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PCC OF ST FRANCIS, BOURNVILLE
Trustees’ Annual Report for the year ended 31 December 2021
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Introduction
Bournville Parish Church stands at the heart of the mode! village built by George Cadbury around the chocolate factory. The church is a flourishing community of all ages, worshipping together In a relaxed but reverent atmosphere. There are a range of children's groups, many contacts with local schools and a thriving youth and community centre. We see ourselves as a church for the whole community offering care, compassion and celebration for life's major events
The PCC Is a registered charity and its stated charitable aim is the provision of public worship open to all. The PCC also exists to co-operate with the minister in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical.
Review of 2021
Worshlp Services
The year began with another covid lockdown but under the leadership of our Assistant Curate, the Rev Gail, and the ministry team, services were maintained online in the interim. Rise and Shine also continued to be online as well. Services in church did not recommence until May 2021 with 10am Holy Communion on Sundays.
Thursday Holy Communion at 10am did not restart until June, and gradually other services resumed. During the summer services were held outside when possible and we were blessed with reasonably dry weather. Messy Church was held twice in July and September. Rise and Shine was in church from September, and Sunday 8.15am Holy Communion began in October. Evensong also was held once a month in September and October,
In November Rev Gail left us to take over the ministry at Alvechurch and Beoley and we were able to give her a royal send off.
After that our Readers Malcolm and Mandy did a brilliant job in organising our services, with Malcolm gaining the services of Revs. Rob Morris and John Nightingale, and Chris Chalmers from Billesley to take Holy Communion and help out with the number of weddings, funerals and baptisms during the year.
It was so good to be able to hald our normal 9 Lessons and Carols and Midnight Mass at Christmas together with school nativities. Mat Wilson from Rowheath did a superb Carols on the Green on Christmas Eve from the cloisters despite the rain.
We owe a huge debt to Gall for all the hard work that she put in throughout the period to enable online services and encourage the church back to live services outside and in. Many of us don’t realise the time she spent producing orders of service and such like, and she was ably supported by our Readers.
Community
Our Community and Over 50s worker Helen Crisp has worked hard through the year to encourage outreach In the community. She has contacted outside organisations and started the weekly Places of Welcome to which the community is Invited. And-the T’internet run by Digikicks on Thursdays has been well attended.
Unfortunately, our Children and Families Minister left in March but ministry to children and families has been maintained through Rise and Shine, Altogether services and Sunday School.
Circulation and collection of Christian Aid envelopes was continued in May though at a lesser level, and a successful Christmas market was held outslde during the Bournville Christmas Festival in December.
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PCC OF ST FRANCIS, BOURNVILLE
Trustees’ Annual Report for the year ended 31 December 2021
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Membership of PCC in 2021
Rev Gail Rogers Clerk In Holy Orders until November 2021 Mr Matcolm Morse Reader Mrs Mandy Nayak Reader, Deanery Synod and Diocesan Synod Mr Roger Barber Churchwarden Mr Dale Brusby Churchwarden from APCM 2021 Miss Fiona Thomson Deputy Churchwarden Mr Patrick Penrose Deputy Churchwarden and Deanery Synod Mr Peter Todd Deputy Churchwarden
Mr Ralph Thomas Safeguarding Co-ordinator, Diocesan Synod from APCM 2021 Mr Al Rodgers Deanery Synod from APCM 2021 Mrs Amanda Homer Elected April 2019 Mr Chris Chatfield Elected April 2019 . | Mrs Emma Beynon Elected May 2021 Ms Janet Booth Elected May 2021 Mr Al Grubb Etected May 2021 Mr Damian Herbert Elected May 2020 Mrs Portia Lloyd Elected May 2020 Mrs Lyn Moon Elected May 2020 Mrs Becky Morris Elected May 2020 Mrs Su Newton-Ede . Elected May 2020 Mr Jonathan Payn Elected May 2020 Mr Ross Baylis Until May 2021 Mrs Catherine Shakespear Until May 2021 Mrs Mary Rodgers Until] May 2021 Ms Georgina Edgar Until May 2021
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PCC OF ST FRANCIS, BOURNVILLE
Trustees’ Annual Report for the year ended 31 December 2021
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Co-opted Members
Mr Trevor Workman Director of Music
. Mrs Emma Jones Deputy Headteacher, St Francis C of E Primary School and Nursery In Attendance Ms Jayne Clabon Treasurer since 2015 Mrs Sally Slevin Secretary
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Governance and Structure of Meetings
The PCC Is organised around a pattern of 5 meetings per year but has a number of sub-committees which meet between meetings of the PCC:
Standing Committee
This is the only sub-committee required by the Church Representation Rules. It has power to transact the business of the PCC between its meetings, subject to any direction given by the PCC and recommends items for incluslon in future PCC meetings.
Fabric and Finance Committee
This committee prepares the annual! budget and monitors overall income and expenditure in the parish. It also oversees the general maintenance and repairs of al! church property.
Review of Financial Activitles
The finances in 2021 were Impacted by Covid 19 and subsequent church closure, albeit not as significantly as the impact on the 2020 accounts. The Income for 2021 was £165,198, an increase of 16.6% on 2020 (£141,672), but still lower than the income for 2019 (£180,713).
2021 saw an overall joss for St Francis of £21,987 (2020 loss £41,461).
This figure comprises a loss of £5,498 in the unrestricted funds (£0 after funds transfers}, aloss of £14,521 inthe designated funds (£19,773 after funds transfers) and a loss of £1,698 In the restricted funds (£2,214 after funds transfers).
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The mission and ministry of St Francis Bournville is primarily funded through the planned giving of members of the congregation. In 2021, through the generosity of our congregation, we ralsed £58,606 for the general fund (2020: £61,893) in this way, Increased by tax reclaimed through Gift Ald of £13,548 (2020 £13,875). In 2021, we did not reintroduce loose plate collections because of Covid restrictions. We continued to use the donations box in the back of church and online donations. We raised £7,478 (2020 £6,024).
A generous grant of £10,000 was received from the LIC Fund for our ongoing work.
We received an unrestricted legacy of £500
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PCC OF ST FRANCIS, BOURNVILLE
Trustees’ Annual Report for the year ended 31 December 2021
We were able to hold an outdoor Christmas market this year, and successfully raised £1,796 before costs. (Ontine Christmas Market 2020 raised £772 before costs). A Christmas fundraising concert was held in conjunction with Birmingham Brass Band and raised £1,780 before costs. We sold £56 of locally made produce for our designated Maintenance Fund. The bookstall raised £50.
The church was not hired out for any events, although we earned £30 per week for some of the year when weekly external choir rehearsals resumed. The PCC element of wedding and funeral fees earned £2,823 (2020 £1,433).
The rental income from 63 Linden Road was £9,300 towards the general fund (2020 £3,384), with the remaining income of £4,200 going Into a designated fund for maintenance of the building, insurance costs and letting fees (2020 £2,042). These monies are held in the Linden Rd Reserve which currently stands at £3,591.
We continued to make use of the furlough scheme during the start of 2021, with both our Parish Administrator and Children and Families’ Minister being on flexible furlough at various times in the year. The Children and Families’ Minister Post finished in March 2021
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Transactions between PCC and the St Francis Centre as a related party were made towards the shared costs of employing our treasurer, parish administrator, heating and lighting, photocopies and essential electrical and water safety repairs. Payments, including expenses, to PCC members included a church organist (who is co-opted onto the PCC) and to vergers who also serve on the PCC.
We paid our Common Fund asking in full together with an additional gift (£57,936 after a 2% discount for monthly payments).
The choir fund gives a donation to Action Aid to support the education of two children.
Traidcraft sales continued through 2021, generating a profit of £86 which was donated to The Traidcraft Exchange.
Three new restricted funds were established this year — Digikicks 1,2 and 3. Each Project has recelved Grant Funding and is being spent on delivering ‘Tea and T’internet’ training for Older Adults.
The restricted Ageing Well Fund receives funding from the Body Mind and Spirlt Partnership and helps to fund our Older Adults Development Worker.
The two choir funds have been merged this year, leaving one fund for both the Children’s and Adults’ choirs.
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The Special Fund contains £724 and is used at the discretion of the PCC for family hardship or other worthy causes. The income from this fund comes from Royalties from the sale of a book written by Peter Bablngton, former Vicar at St Francis,
In 2015 St Francis Church received a legacy restricted for the provision of flowers In the church. The 'Flower Fund’ presently halds £2,300,
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PCC OF ST FRANCIS, BOURNVILLE
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Trustees’ Annual Report for the year ended 31 December 2021
Reserves Policy
The reserves policy of the PCC is that we aim to hold an unrestricted reserve equivalent to three months’ running costs.
We hold a permanent fabric fund as a restricted fund for long term care of the church building. In addition to this permanent fabric fund it Is the policy of this church to keep an ongoing maintenance reserve to which we contribute a minimum of £5,000 per year (which is through fundraising and monies transferred from unrestricted or designated funds). This is used to pay for planned work relating to the maintenance schedule, work identified through quinquennial inspections and for general repairs to the building and fixtures.
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We have an established designated legacy fund where the PCC have allocated funds to be spent on a number of future projects. In 2021, we spent:
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° Depreciation charges-for assets purchased in previous years £7,199
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° Children and Families’ Missioner £2,008.
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- ° CCTV £3,744 ° £855 towards the final work on the Organ Chamber e £5,000 transferred to the Maintenance Fund ° A Funds transfer of £3490 to bring the General Fund to £0 at the end of the year.
The Legacy bank accounts earned interest of £537 and the Fund received a VAT grant of £142 towards the final organ costs.
The fund currently stands at £118,065.
In 2022, these funds have been set aside and allocated for the following:
- ° General improvements to the church building e.g. ramped access to north door ° Further repalrs to the roof and guttering if funding cannot be secured from elsewhere.
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The PCC [s mindful that the reserves policy is not yet achieved in unrestricted general funds. This position continues to be actively pursued by the PCC through robust monitoring of unrestricted expenditure and Income generation.
Going Concern
At the date of signing these financial statements the PCC has considered the ongoing effects of the global pandemic and do not believe it will affect the charity's ability to continue to operate for the foreseeable future. The Charity has sufficient designated funds which could be re-purposed, if required, to absorb any short-term in-period deficits.
The PCC have also considered the Charity Commission guidance on public benefit and, in part, the supplementary guidance for the advancement of religion.
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PCC OF ST FRANCIS, BOURNVILLE
Trustees’ Annual Report for the year ended 31 December 2021
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Conclusion
When our new incumbent Is licensed in March, the church can look forward to renewed focus on our primary aims in the parish. We look to our God to supply all we need to accomplish His work and how He will use each one of us in it.
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There is insufficient room to mention all those that have given thelr time and energy to maintaining the church’s functions. Some have been mentioned above but as churchwardens we are particularly grateful to Carol in the church office who has done far more than anyone realises to keep the church moving In the last 12 months.
But to Ue. in thebel iter your commitment and support in the past year. stneas TA Tred toh.h ,“a pated:..24 122... pated:, 2éaly 22
Dale Brusby & Roger Barber
Churchwardens
Parish Office. St Francis Centre Sycamore Road Bournville Birmingham B30 2AA Tel: 0121 472 7215 www, bournvilleparishchurch.org.uk
Registered Charity Number - 1127332
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Independent Examiner's Report to the Trustees of PCC of St Francls, Bournville Ten
Independent examiner's report to the trustees of PCC of St Francis, Bournville | report to the charity trustees on my examination of the accounts of the PCC of St Frands, Bournville (the Trust) for the year ended 31 Dacember 2023,
Responsibilities and basis of report As the charlty trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charitles Act 2011 (‘the Act’.
\ report In respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examinatlon | have followed all applicable Directions glven by the Charity Commission under saction 145(5)(b} of the Act.
Independent examiner's staternent
I can confirm that | am qualified to undertake the examinatian because | am a registered mamber of ACCA which Is one of the listed bodies
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| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to belleve that In any material respect:
- accounting records were not kept In respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those racords; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirament that the accounts give a true and falr viewwhich Is not a matter considered aspart of an Independent examination. { confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
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Birgitt Saunders StanleyFCCA ACA Yule Chartered Accountants Waterside House Waterstde Business Park
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1649 Pershore Road
Birmingham West Midlands 830 3DR
Date: neuPannSu GQ2,&
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PCC OF ST FRANCIS, BOURNVILLE
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Statement of Financial Activities for the year ended 31 December 2021
| 2021 | 2020 | ||||||||
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| Unrestricted | Deslgnated | Restricted | Endowment | Total | Total | ||||
| funds | funds | funds | fund | funds | funds | ||||
| Notes | £ | £ | £ | £ | E | £ | |||
| INCOMEAND ENDOWMENTS | |||||||||
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| Donations and legacies | 90,546 | 817 | 43,345 | - | 134,708 | 122,382 | |||
| Charitable activities | |||||||||
| Charitable Activities | 2,823 | - | 275 | - | 3,098 | 1,763 | |||
| Fundraisingactivities | 2 | 3,576 | 56 | 660 | - | 4,292 | 2,090 | ||
| Investment income | 3 | - | 537 | - | - | 537 | 1,145 | ||
| Otherincome | 16,803 | 4,200 | 1,560 | - | 22,563 | 14,292 | |||
| Total | 113,748 | 5,610 | 45,840 | - | 165,198 | 141,672 | |||
| EXPENDITURE ON | . | ||||||||
| Raisingfunds | 7,762 | - | 7,386 | - | 15,148 | 16,262 | |||
| Charitable activities | |||||||||
| Charitable Activities | 111,484 | 12,446 | 40,422 | - | 164,352 | 148,716 | |||
| Other | - | 9,968 | - | - | 9,968 | 19,181 | |||
| Total | 119,246 | 22,414 | 47,808 | : | - | 189,468 | 184,159 | ||
| Net gains/(losses) on | : | ||||||||
| investments | - | 2,283 | - | - | 2,283 | 1,026 | |||
| NETINCOME/(EXPENDITURE) | (5,498) | (14,521) | (1,968) | - | (21,987) | ||||
| Transfersbetweenfunds | 12 | 5,498 | (5,252) | (246) | - | - | - | ||
| Netmovement in funds | - | (19,773) | (2,214) | - | (21,987) | (41,461) | |||
| RECONCILIATIONOFFUNDS | |||||||||
| Totalfundsbrought forward | - | 163,066 | 36,569 | 425,000 | 624,635 | 666,096 | |||
| TOTALFUNDSCARRIED FORWARD |
- | 143,293 | 34,355 | 425,000 | 602,648 | 624,635 |
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The notes form part of these financial statements
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PCC OF ST FRANCIS, BOURNVILLE
Balance Sheet At 31 December 2021
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|2021|2020|
|Unrestricted|Designated|Restricted|Endowment|Total|Total|
|fund|fund|fund|fund|funds|funds|
|Notes|£|£|£|£|£|£|
|FIXED ASSETS|
|Tangible|assets|6|-|15,476|-|-|14,476|18,931|
|Investments|;|
|Investments|7|-|18,161|-|-|18,161|15,878|
|Investment|property|8|-|-|-|425,000|425,000|425,000|
|-|33,637|-|425,000|458,637|459,809|
|CURRENT ASSETS|
|Stocks|9|-|-|345|-|345|259|
|Debtors|-|10|3,241|259|38|-|3,538|3,274|
|Cash|at|bank|35|109,397|36,592|-|146,024|164,534|
|3,276|109,656|36,975|-|149,507|168,067|
|CREDITORS|
|Amounts|falling|due within|
|one year|11|{3,276)|-|(2,620)|-|(5,896)|(3,241)|
|NET CURRENT ASSETS|-|109,656|34,355|-|144,011|164,826|
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|TOTAL ASSETS|LESS|
|CURRENT|LIABILITIES|-|143,293|34,355|425,000|602,648|624,635|
|NET|ASSETS|-|143,293|34,355|425,000|602,648|624,635|
|FUNDS|12|
|Unrestricted|funds|-|-|
|Designated|funds|143,293|163,066|
|Restricted funds|34,355|36,569|
|Endowment|funds|425,000|425,000|
|TOTAL FUNDS|602,648|624,635|
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The financial statements were approved by the Board of Trustee@s ON vecsseeeeerereeees aNd Were signed on its behalf by: & R Barber - Trustee The notes form part of these financial statements Page 9
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PCC OF ST FRANCIS, BOURNVILLE
Notes to the Financial Statements for the year ended 31 December 2021
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- ACCOUNTING POLICIES
Basis of preparing the financial statements
The PCCis a public benefit entity within the meaning of FRS102 (Financial Reporting Standard 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland). The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulatlons 2006 governing the Individual accounts of PCCs, and with the Regulations' "true and fair view" provisions, together with FRS102 (2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP (FRS102)). The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements Include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.
Incoming resources
All income is recognised in the Statement of Financial Activities once the PCC has legal entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.
Voluntary and Other Non-Investment Income
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Collections and planned giving are recognised when received by or on behalf of the PCC. - Income tax recoverable under Gift Aid donations Is recognised when the income is recognised. . -Grants and legacies to the PCC are recognised as soon as the PCC is notified of its legal entitlement, the amount due is quantiflable, and its ultimate receipt by the PCC is reasonably certain.
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Funds raised from events are reported gross, I.e., before the deduction of any related costs; ~ Sales of books and magazines from the Church Bookstall are reported for gross. - Rental income from the letting of Church premises is recognised when the rental is due.
Investment Income
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Dividends are recognised when due and payable.
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Interest entitlements are recognised as they accrue.
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Tax recoverable on such income is recognised in the same accounting year.
Government Grants
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Government grants are recognised when there is a reasonable assurance that the charity wlll comply with the conditions attached and the grant will be received or on actual receipt of the grant, whichever Is earlier. Grants for Immediate financial support are recognised using the accrual model.
Expenditure and liabilities
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the PCC to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basts consistent with the use of resources.
Gains and Losses on Investments
Realised gainsUnrealised gains or lossesor losses areare recognisedrecognised whenon Investmentsrevaluation ofare investments sold. at 31 December.
Grants
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC.
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PCC OF ST FRANCIS, BOURNVILLE
Notes to the Financia! Statements - continued
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for the year ended 31 December 2021
- ACCOUNTING POLICIES - continued
Activities directly relating to the work of the Church
Expenditure and Habillties
The diocesan parish share is accounted for when paid. Any parish share unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor In the balance sheet.
Fixed assets
Consecrated property and movable church furnishings
In so far as consecrated and benefice property of any kind is excluded from the statutory definition of "charity" by Sectlon 10 (2) (a) and (c) of the Charities Act 2011 such assets are not capitalised in the financlal statements.
Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted for as inalienable property unless consecrated. They are listed in the church's inventory which can be inspected (at any reasonable time). For inalienable property acquired prior to 1 January 2006, there is Insufficient cost information avallable and therefore such assets are not valued in the accounts. Items acquired since 1 January 2006 have been capitalised and depreciated in the accounts over their currently anticipated useful economic life {initially over 10 years) on a straight-line basis.
All expenses incurred in the year on consecrated of benefice property, individual items under £2,500 or on the repair of movable church furnishings acquired before 1 January 2006 are written off as revenue costs.
Fixtures, fittings, and office equipment Equipment used within the church premises is depreciated on a straight-line basis over 5 years. Individual items of equipment with a purchase cost of £1,000 or less are written off when the asset is acquired. Pooled Items, . that being more than one item of the same description purchased at the same time, with an individual value in excess of £250 are capitalised.
63 Linden Road - Investment Property
The semi-detached property, 63 Linden Road, was gifted to the Parochial Church Council of St Francis, Bournville on 29 July 1960. The Birmingham Diocesan Trustees Registrar are custodian trustees of the property since 1960, whlle the PCC remains the managing trustees and are responsible for the property.
Investment property is initially recognised at cost and subsequently remeasured at falr value at the reporting date. The trustees review the valuation annually to determine it remains at fair value, and a professional valuation is obtained at regular Intervals to confirm the valuation used.
Investments
Investments are valued at market value at 31 December. Any gain or loss on Investments are realised within the current financial year.
Stocks
Stocks are valued at the lower of cost and net reallsable value, after making due allowance for obsolete and slow-moving items.
Taxation
The charity is exempt from income tax on its charitable actlvities. The charity is liable for VAT on relevant activities and is also liable for Employers National Insurance Contributions on paid Church staff.
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PCC OF ST FRANCIS, BOURNVILLE
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Notes to the Financlal Statements - continued for the year ended 31 December 2021
1. ACCOUNTING POLICIES - continued
Fund accounting
Endowment funds are restricted funds, the capital of which must be retained; only income arising from investment of the endowment may be used as a restricted or unrestricted fund depending upon the purpose for which the endowment was established.
Restricted funds are income funds that represent:
(a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or the bequest, and
(b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be éxpended on a specific project for which they were given. Any balance remaining unspent at the end of the year must be carried forward as a balance on that fund. The PCC usually invests separately for significant restricted funds ensuring that Interest Is apportioned correctly.
Unrestricted funds represent the remaining income funds of the PCC that are available for spending on the general purposes of the PCC. These Include designated funds which are contributions with the stipulation that they be used for a specific purpose, such as spending on an approved future project. The PCC are responsible for designating funds, and the balances of these funds are disclosed separately to the general unrestricted fund In the Notes to the Financial Statements.
Current assets
Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provisions for the amounts that may prove uncollectable.
Short-term deposits include cash held on deposit with elther the CBF Church of England Funds or at Lloyds Bank
Going Concern
The accounts have been prepared on the basis of being a going concern as outlined in the Trustees" annual report.
Impairment of assets
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impalrment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount Is lower, the carrying amount Is reduced to Its estimated recoverable amount, and an Impairment loss is recognised immediately In profit and loss account.
Donated Services
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met and the receipt of economic benefit can be measured reliably. In accordance with the Charities SORP (FRS102), the general volunteer time of Volunteers is not recognised. Please refer to the trustee's annual report for more information about their contribution.
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Notes to the Financial Statements - continued for the year ended 31 December 2021
2. FUNDRAISING ACTIVITIES
| 2021 | 2020 | |
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| £ | £ | |
| Christmas Market | 1,796 | 772 |
| Points | - | 6 |
| Fundraising | 1,836 | 46 |
| Traidcraft Sales | 610 | 973 |
| Bookstall Sales | 50 | 198 |
| Refreshments after Church | - | 95 |
| 4,292 | 2,090 | |
| INVESTMENT INCOME | ||
| 20214 | 2020 | |
| £ | £ | |
| Dividends | 347 | 446 |
| InterestCBF Deposit Fund | 190 | 698 |
| Interest LloydsAccount | - | 1 |
| 537 | 1,145 |
- INVESTMENT INCOME
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended31 December 2021 nor for the year ended 31 December 2020.
Trustees' expenses
Members and Co-opted Members of the PCC, as well as Ministers, were fully reimbursed for expenses paid on the(2020: Church's£5,100). behalf.The Theexpenses total expenseswere for reimbursedtravel, books, to trusteesresources, and Ministerssmall repair amountsitems, torefreshments, approximatelypostage, £1,300 stationery, telephone costs, Christmas Fair expenses, Traidcraft stock purchases and Bookstall purchases, and various other sundry items paid on the Church’s behalf. There were 2 trustees (2020: 2 trustees) reimbursed during the year, including PCC Members and Ministers.
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Notes to the Financial Statements - continued for the year ended 31 December 2021
5. ALLOCATION OF ADMINISTRATION COSTS
Admintstration Costs are allocated to expenditure in the following manner:
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|Cost|Description|Charitable|Activities|Raising|Funds|Total|Cost|Basis|of Allocation|
|£|£|£|
|Administration|Salaries|11,000|1,571|12,571|Time spent on|activities|
|PrintingBank Charges and Stationery|2,675137|1,335137|4,010274|UsageUsage|
|Independent|Examiner|1,224|-|1,224|Nature|of activity|
----- End of picture text -----
Note - £3,139 of Administration Salaries are shown as Parish Admin & Treasurer Salary in Charitable Activities and are not part of the Adminlstration Costs figures shown above.
6.
GOVERNMENT GRANTS
:
Due to the Covid-19 pandemic, various Government grants and support schemes were put in place, to which the charity was entitled to utilise. During the financlal period the charity received the following Government grants:
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|Grant|2021|2020|
|£|£|
|Coronavirus|Job|Retention|Scheme|Grants|860|1,083|
|860|1,083|
|7.|TANGIBLE|FIXED ASSETS|
|Church|
|Equipment|
|cost|f|
|At 1 January 2021|37,087|
|Additions|3,744|
|At 31|December|2021|40,831|
|DEPRECIATION|
|At|1 January|2021|18,156|
|Charge|for year|7,199|
|At|31|December|2021|25,355|
|NET|BOOK VALUE|
|At 31|December 2021|15,476|
|At|31|December|2020|18,931|
----- End of picture text -----
----- Start of picture text -----
|
----- End of picture text -----
Page 14
PCC OF ST FRANCIS, BOURNVILLE
|
| | | | : | | | | | |
Notes to the Financlal Statements - continued for the year ended 31 December 2021
8. FIXED ASSET INVESTMENTS
| CBF Investment | |
|---|---|
| Fund Shares | |
| MARKETVALUE | |
| At 1January 2021 | 15,878 |
| Revaluations | 2,283 |
| At31December2021 | 18,161 |
| NET BOOK VALUE | |
| At 31 December 2021 | 18,161 |
| At 31 December 2020 | 15,878 |
| TherewerehoinvestmentassetsoutsidetheUK. |
Holdings at 31 December 2021: 777 shares in the CBF Church of England Investment Fund (2020: 777 shares)
9. INVESTMENT PROPERTY
| £ | ||||
|---|---|---|---|---|
| FAIRVALUE | ||||
| At 1January2021 | , | 425,000 | ||
| At 31 December 2021 | 425,000 ————— |
|||
| NETBOOKVALUE At 31 December 2021 At31December2020 |
425,000 425,000 |
|||
| , | ||||
| 10. | STOCKS | |||
| 2021 | 2020 | |||
| Traidcraft Stock | 345 | 259 | ||
| — | ||||
| 11, | DEBTORS: AMOUNTS FALLING DUE WITHIN ONEYEAR | |||
| 2021 | 2020 | |||
| Accounts Receivable | 850 | 1 | ||
| Prepayments | 1,188 | 1,625 | ||
| Accrued Income | 1,500 | 1,648 | ||
| 3,538 | 3,274 |
|
Page 15
PCC OF ST FRANCIS, BOURNVILLE
| |
| | |
|
| | i |
| i : | | | : | |
| |
Notes to the Financial Statements - continued for the year ended 31 December 2021
12. CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| £ | £ | |||||
| Creditors forgoods& services | 445 | 445 | ||||
| Accruals | 5,451 | 2,796 | ||||
| 5,896 | 3,241 | |||||
| 13. | MOVEMENTINFUNDS | |||||
| Net | Transfers | |||||
| movement in | between | |||||
| At1.1.21 | funds | funds | =At31.12.21 | 31.12.21 | ||
| £ | £ | £ | £ | |||
| Unrestricted and Designated Funds | ||||||
| General fund | - | (5,498) | 5,498 | - | ||
| 63 Linden Road (Designated) | 2,160 | 1,431 | - | 3,591 | ||
| Children &Adult’s Choir (Designated) | - | - | 459 | 459 | ||
| Children's Choir (Designated) | 139 | - | (139) | - | ||
| Legacy Fund (Designated) | 133,728 | (5,091) | (10,572) | 118,065 | ||
| Malntenance Fund (Designated) | 9,957 | (11,535) | 5,000 | 3,422 | ||
| Special Fund (Designated) St Peters SaltleyTrust(Designated) |
50 32 |
674 - |
- - |
724 32 |
||
| Ageing Well (Designated) | 17,000 eae |
- ———— |
“ —_—___ |
17,000 ai |
||
| 163,066 | (20,019) | 246 | 143,293 | |||
| . | ||||||
| Restricted Funds | ||||||
| Actlon Aid | 530 | (471) | - | 59 | ||
| Ageing Well | 21,471 | (10,161) | - | 11,310 | ||
| Bookstall Fund | 1,997 | 50 | - | 2,047 | ||
| Bournville Parish Youth | 129 | - | - | 129 | ||
| Digikicks Project 1 | - | 1,355 | - | 1,355 | ||
| DiglkIcks Project 2 Digikicks Project 3 FabricFund Flower Fund |
- - 5,963 2,448 |
392 5,840 - (148) |
- - - - |
392 5,840 5,963 2,300 |
||
| St FrancisChurch Choir Fund | 40 | 280 | (320) | - | ||
| Youth Worker | 3,659 | 883 | - | 4,542 | ||
| Traldcraft Fund | 332 | 12 | 74 | 418 | ||
| 36,569 | (1,968) | (246) | 34,355 | |||
| Endowmentfunds | ||||||
| Land & Bulldings Fund | 425,000 | - | - | 425,000. | ||
| TOTALFUNDS | 624,635 | (21,987) | - | 602,648 |
Page 16
PCC OF ST FRANCIS, BOURNVILLE
:
|
|
| | | : | | | | | | | i | | | |
Notes to the Financial Statements - continued for the year ended 31 December 2021
13. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|.|
|Incoming|Resources|Gains|and|Movement|in|
|resources|expended|losses|funds|
|£|£|£|£|
|Unrestricted|and|Designated|Funds|
|General|fund|113,748|(119,246)|-|(5,498)|
|63|Linden|Road|(Designated)|4,200|(2,769)|-|1,431|
|Legacy|Fund|(Designated)|680|(8,054)|2,283|(5,091)|
|Maintenance|Fund|(Designated)|56|(11,591)|-|(11,535)|
|Speclal|Fund|(Designated)|674|-|-|674|
|119,357|(141,660)|2,283|(20,019)|
|Restricted|Funds|
|Action|Aid|-|(471)|-|(471)|
|Ageing|Well|16,380|(26,541)|-|(10,161)|
|Bookstall|Fund|50|-|-|50|
|Curate|2018|6,875|(6,875)|-|-|
|Digikicks|Project|1|6,624|(5,269)|-|1,355|
|Digikicks|Project 2|6,317|(5,925)|-|392|
|Digikicks|Project|3|5,840|-|-|5,840|
|Flower Fund|-|(148)|-|(148)|
|St|Francis|Church Choir Fund|280|-|-|280|
|Youth|Worker|915|(32)|-|883|
|Heating|Fund|1,950|(1,950)|-|-|
|Traidcraft|Fund|915|(597)|;|-|12|
|45,840|(47,808)|-|(1,968)|
|Endowment Funds|
|Land &|Bulldings Fund|-|-|-|-|
|——___|—|—||
|TOTAL FUNDS|165,198|(189,468)|2,283|(21,987)|
----- End of picture text -----
Page 17
PCC OF ST FRANCIS, BOURNVILLE
Notes to the Financial Statements - continued for the year ended 31 December 2021
| ! : : :
| : 2
| | | | |
----- Start of picture text -----
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|13.|MOVEMENT|IN|FUNDS|- continued|:|
|Comparatives|for movement|in funds|
|Net|Transfers|
|movement|In|between|
|At|1.1.20|funds|funds|At|31.12.20|
|£|£|£|£|
|Unrestricted and Designated|Funds|
|General|fund|-|(26,310)|26,310|-|
|63|Linden|Road|(Designated)|6,551|(4,391)|-|2,160|
|Ageing Well|(Designated)|-|-|17,000|17,000|
|Children's|Choir|(Designated)|550|(411)|-|139|
|Legacy|Fund|(Designated)|189,517|(7,380)|(48,409)|133,728|
|Maintenance|Fund|(Designated)|7,403|(2,446)|5,000|9,957|
|Special|Fund|(Designated)|-|50|-|50|
|.|St|Peters|Saltley|Trust|(Designated)|32|-|-|32|
|204,053|(40,888)|(99)|163,066|
|Restricted|Funds|
|Action|Aid|997|(467)|-|530|
|Ageing|Well|21,265|206|-|21,471|
|Bookstall|Fund|1,891|106|-|1,997|
|Bournville|Parish|Youth|129|-|-|129|
|Fabric|Fund|5,949|14|-|5,963|
|Flower|Fund|2,488|(40)|-|2,448|
|Pilgrimage|Fund|1,419|(1,419)|-|-|
|St|Francis|Church|Choir|Fund|147|(107)|-|40|
|Traidcraft|Fund|-|233|99|332|
|Youth Worker|2,758|901|-|3,659|
|37,043|(573)|99|36,569|
|Endowment|Funds|
|Land|&|Buildings|Fund|425,000|-|-|425,000|
|TOTAL FUNDS|666,096|(41,461)|-|624,635|
----- End of picture text -----
Page 18
PCC OF ST FRANCIS, BOURNVILLE
Notes to the Financial Statements - continued for the year ended 31 December 2021
; | !
| |
| | |
a
13. MOVEMENT IN FUNDS - continued Comparative net movement in funds, Included in the above are as follows:
----- Start of picture text -----
||||||||||
|---|---|---|---|---|---|---|---|---|
|Incoming|Resources|Gains and|Movement|in|
|resources|expended|losses|funds|
|£|£|£|£|
|Unrestricted|and|Designated|Funds|
|General|fund|108,470|(134,780)|-|(26,310)|
|63 Linden|Road|(Designated)|2,043|(6,434)|-|(4,391)|
|Children's|Choir|(Designated)|-|{411)|-|(411)|
|Legacy|Fund|(Designated)|1,142|(9,548}|1,026|(7,380)|
|Maintenance|Fund|(Designated)|66|{2,512}|-|(2,446)|
|Special|Fund|(Designated)|620|(570)|-|50|
|112,341|(154,255)|1,026|(40,888)|
|Restricted|Funds|
|Action|Aid|1|(468)|-|(467)|
|Ageing Well|14,079|(13,873)|-|206|
|Bookstall|Fund|198|(92)|-|106|
|Curate 2018|7,500|(7,500)|-|-|
|Fabric Fund|500|(486)|-|14|
|Flower|Fund|-|(40)|-|(40)|
|Heating Fund|510|(510)|-|
|Pilgrimage|Fund|4,601|(6,020)|-|(1,419)|
|St|Francis|Church|Choir|Fund|-|(107)|-|(107)|
|Traidcraft|Fund|973|(740)|-|233|
|Youth|Worker|969|(68)|-|901|
|29,331|(29,904)|-|(573)|
|Endowment Funds|
|Land & Buildings Fund|-|-|-|-|
|TOTAL FUNDS|141,672|{184,159}|1,026|(41,461)|
----- End of picture text -----
Fund Details
The restricted funds comprise of the Action Aid Fund, Bookstall Fund, Bournville Parish Youth Fund, Fabric Fund, Flower Fund, Youth Worker Fund, Ageing Well Fund, and the Traidcraft Fund. The Fabric Fund Is held for ad-hoc repairs and maintenance of the Church and Vicarage. Three new funds were opened in the year Digikicks Project 1, 2 & 3, these funds are for work with helping people get on line and teaching them basics of computers and the internet.
The Endowment Funds comprise of the Land & Buildings Fund. This fund is in the form of a seml-detached property, 63 Linden Road, which was donated to the Church for Its continuing use in 1939 and which has been held in trust by the Diocesan Trustees Registrar since 1960. This property Is Included in the accounts at its 2019 valuation of £425,000. Income generated from the leasing of this property can be spent as per other unrestricted income.
| 1 |
Page 19
PCC OF ST FRANCIS, BOURNVILLE
Notes to the Financial Statements - continued _ for the year ended 31 December 2021
:
| | | |
| [
13. MOVEMENT IN FUNDS- continued
;
Transfers between funds
Details of transfers between funds in the year are as follows:
.
| Note | Unrestricted | Unrestricted | Designated Restricted |
Designated Restricted |
Designated Restricted |
Designated Restricted |
||
|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | ||||||
| General Fund to Traidcraft Fund | 1 | (74) | - | 74 | ||||
| Legacy Fund to General Fund | 2 | 5,572 | {5,572) | - | ||||
| Children’s Choirto Children& Adult’s Choir | 3 | - | (139) | - | ||||
| St Francis Church Choirto Children &Adult'sChoir | 3 | - | - | (320) | ||||
| Old Choir Funds to Children & Adult’s Choir Fund | 3 | - | 459 | - | ||||
| Legacy Fund to Maintenance Fund | 4 | - | 5,000 | - | ||||
| Legacy Fund to Maintenance Fund | 4 | - | (5,000) | - | ||||
| 5,498 | (5,252) | (246) | ||||||
| Notes: | ||||||||
| 1—Year end transfer to balance the Traidcraft Fund. | ||||||||
| 2 —Transfers to balance the General Fund. | ||||||||
| 3 — Closure of existing Children’s Choir Fund and St Francis | Church | Choir Fund and | transfer to new Children & | |||||
| Adult’s ‘Choir Fund. | ||||||||
| 4 — This year £5,000 was transferred from the Legacy Fund to the Malntenance | Fund, both of which | are | ||||||
| designated funds. | ||||||||
| RELATED PARTYDISCLOSURES | ||||||||
| Transactionstookplaceduringthe yearbetween the PCCandthe St | FrancisYouth | Youth and | CommunityCentre,which | |||||
| is a related charitable company that shares some trustees in common. These transactions were | made towards | |||||||
| the shared costs paid byone ofthe charities. The detalls are as below: IncomereceivedfromStFrancisYouthandCommunityCentre Reimbursement for use ofHeating and Lighting |
2021 £ 6,800 |
2020 £ 8,500 |
||||||
| Reimbursement for cost ofPhotocopies | 300 | 247 | ||||||
| Contribution to costs of Microsoft Licence | - | 282 | ||||||
| Contribution to costs ofYouthWorkerMobile Phone | 76 | 74 | ||||||
| Total Income Received | 7,176 | 9,103 | ||||||
| Expenditurepaid toStFrancisYouthandCommunityCentre | £ | £ | ||||||
| PCC’s contribution to Salaries forthe Parish Administrator and the Treasurer | 13,760 | 10,564 | ||||||
| PCC’s contribution to water safetywork | 3,165 | - | ||||||
| PCC’s reimbursement ofSalaries for Music Services | - | 1,255 | ||||||
| PCC’s contribution to 5 year electrical checks | 314 | - | ||||||
| Insurance excess | 500 | - | ||||||
| Sundry expenditure Items Including reimbursement | for items paid | on PCC’s behalf | 227 | 26 | ||||
| TotalExpenditurePald | 17,966 | 11,845 |
4 — This year £5,000 was transferred from the Legacy Fund to the Malntenance Fund, both of which are designated funds.
14. RELATED PARTY DISCLOSURES
The transactions between the two charities are paid as they become due. There is a debtor balance outstanding of £849.89 (2020: nil) owed to the PCC by St Francis Youth and Community Centre at the year end. There are no other balances outstanding at the year end.
|
Page 20
PCC OF ST FRANCIS, BOURNVILLE
i i | | | | | | !
: | : | | | | | j
| | |
----- Start of picture text -----
|
----- End of picture text -----
Detailed Statement of Financial Activities for the year ended 31 December 2021
| Unrestricted | Designated | Designated | Restricted | Restricted | Endowment | 2021 Total |
2020 Total |
|
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | funds | funds | |||
| £ | £ | £ | £ | £ | £ | |||
| INCOMEANDENDOWMENTS | ||||||||
| Donationsandlegacies Planned Giving Collections Sundry Donations |
58,606 1,290 6,188 |
- - - |
- - 5 |
~ - - |
58,606 1,290 6,193 |
61,893 1,950 4,693 |
||
| Other Income | 407 | 514 | 30,236 | ~ | 31,157 | 26,088 | ||
| IncomeTax Recovered | 13,548 | - | 165 | - | 13,713 | 14,055 | ||
| Sundry Income | 10,006 | 304 | 12,939 | - | 23,249 | 13,703 | ||
| Legacies | 500 | : | - | - | 500 | - | ||
| 90,545 | 818 | 43,345 | - | 134,708 | 122,382 | |||
| Fundralsing activities | ||||||||
| Christmas Market | 1,796 | - | - | - | 1,796 | 772 | ||
| Points | - | - | “ | - | - | 6 | ||
| Fundraising | 1,780 | 56 | - | - | 1,836 | 46 | ||
| Traldcraft Sales | - | ooo | 610 | - | 610 | 973 | ||
| Bookstall Sales | - | - | 50 | - | 50 | 198 | ||
| Refreshments afterChurch | - | - | - | - | - | 95 | ||
| 3,576 | 56 | 660 | - | 4,292 | 2,090 | |||
| Investment Income | ||||||||
| Dividends | - | 347 | - | - | 347 | 446 | ||
| InterestCBF Deposit Fund | - | 190 | - | - | 190 | 698 | ||
| Interest Lloyds Account | - | - | - | - | - | 1 | ||
| . | 537 | . | - | 537. | 1,145 | |||
| Charitable activities | ||||||||
| Wedding Fees | 1,754 | - | 275 | - | 2,029 | 330 | ||
| Funeral Fees | 1,069 | - | - | - | 1,069 | 1,433 | ||
| 2,823 | - | 275 | ~ | 3,098 | 1,763 | |||
| Other Income | ||||||||
| Heat& Light | 7,124 | - | 1,560 | - | 8,684 | 8,500 | ||
| Photocopies Rent63 Linden Road |
379 9,300 eee |
i | - 4,200 a |
- - |
- - i |
379 13,500 Sch |
366 5,426 Bl |
|
| 16,803 | 4,200 | 1,560 | : | 22,563 | 14,292 | |||
| Totalincomingresources | 113,747 | 5,641 | 45,840 | ~ | 165,198 | 141,672 |
This page does not form part of the statutory financial statements
Page 21
PCC OF ST FRANCIS, BOURNVILLE
;
i | | | | | i | | | : i |
Detailed Statement of Financial Activities for the year ended 31 December 2021
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| ct | Unrestricted | Designated | Restricted | Endowment | Total | Total |
| funds | Funds | funds | funds | funds | funds | |
| £ | £ | £ | £ | £ | £ | |
| EXPENDITURE | ||||||
| Raisingdonations and legacies | ||||||
| Administration Costs | 3,043 | - | - | - | 3,043 | 3,683 |
| Curate Housing | 3,025 | - | 6,875 | - | 9,900 | 10,800 |
| Fundraising Expenditure Curate Expenses |
663 1,031 |
- - |
- - |
- - |
663 __ 1,034 |
- 714 |
| 7,762 | - | 6,875 | - | 14,637 | 15,197 | |
| Othertradingactivities | ||||||
| Opening stock | - | - | 259 | - | 259 | 233 |
| Traidcraft Purchases | - | - | 597 | - | 597 | 999 |
| Bookstall Expenses | : | “ | - | - | - | 92 |
| Closingstock | : | - | (345) | - | (345) | (259) |
| - | - | 511 | - | 511 | 1,065 | |
| Charitable activities DiocesanCommon Fund |
57,936 | - | - | - | 57,936 | «62,728 |
| Ministry -General Expenses | - | - | - | - | - | 1,134 |
| Ministry -Travel Expenses | - | - | - | - | - | 367 |
| Ministry - Vicarage Expenses | 190 | - | - | - | 190 | 181 |
| Church-Heating | 5,706 | - | 1,950 | - | 7,656 | 7,398 |
| Church - Lighting | 5,434 | - | - | - | 5,434 | 2,743 |
| Church - lnsurance | 5,887 | - | - | - | 5,887 | 6,200 |
| Church -General - Repairs | - | 11,828 | 3,165 | - | 14,993 | 2,097 |
| Church -General - Expenses | 412 | 617 | 73 | - | 1,102 | 8,268 |
| Fixtures & Equipment | - | - | - | - | - | 504 |
| Services - Altar | 623 | - | 75 | - | 698 | 1,112 |
| Services - Music | 11,596 | - | - | . | 11,596 | 10,808 |
| Children & Families Missioner | 460 | - | - | - | 460 | 629 |
| Church Salaries | 3,139 | - | - | - | 3,139 | 4,430 |
| Administration Costs | 11,000 | - | - | - | 11,000 | 15,526 |
| Fees,Subs & Training Photocopier Postage&Telephone |
1,775 2,271 834 |
- - - |
- “ 32 |
- - - |
1,775 2,271 866 |
1,766 2,231 1,121 |
| Stationery | 403 | - | - | - | 403 | 388 |
| Action Ald | - | - | 471 | - | 471 | 468 |
| BankCharges | 137 | - | - | - | 137 | 158 |
| Professional Fees | 2,063 | - | - | - | 2,063 | 2,130 |
| Refreshments | 148 | - | - | - | 148 | - |
| FamllyWelfare | - | - | - | - | - | 1,512 |
| Ageing Well Expenses | - | - | 34,570 | - | 34,570 | 13,873 |
| IT Costs | 1,471 | - | - | - | 1,471 | 944 |
| Charitable Donation | - | - | 86 | - | 86 | - |
| 111,485 | 12,445 | 40,422 | - | 164,352 | 148,716 |
This page does not form part of the statutory financial statements Page 22
| | |
PCC OF ST FRANCIS, BOURNVILLE
| :
| |
Detailed Statement of Financial Activities
for the year ended 31 December 2021
.
----- Start of picture text -----
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|2021|2020|
|Unrestricted|Designated|Restricted|Endowment|Total|Total|
|funds|funds|funds|funds|funds|funds|
|£|£|£|£|£|£|:|
|Other|
|63|Linden|Road|Expenses|-|2,769|-|-|2,769|6,369|
|Miscellaneous|-|-|-|-|-|6,131|
|Fixtures|and|fittings|-|7,199|-|-|7,199|6,681|
|-|9,968|-|-|9,968|19,181|
|Total|resources|expended|119,247|22,413|47,808|-|189,468|184,159|
|Net expenditure|(5,500)|(16,802)|(1,968)|-|(24,270)|= (42,487)|
----- End of picture text -----
| |
.
|
i d |
,
This page does not form part of the statutory financial statements Page 23
|
PCC OF ST FRANCIS, BOURNVILLE
!
| | | | 3 |
| | | | | !
Comparative Detailed Statement of Financlal Activities for the year ended 31 December 2020
----- Start of picture text -----
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|2020|2019|
|Unrestricted|Designated|Restricted|Endowment|Total|Total|
|funds|funds|funds|funds|funds|funds|as|
|restated|
|£|£|£|£|£|£|
|INCOME AND ENDOWMENTS|
|Donations and|legacies|
|Planned|Giving|61,893|-|-|-|61,893|61,028|
|Collections|1,950|-|-|-|1,950|9,063|
|Sundry|Donations|4,074|19|600|-|4,693|3,629|
|Other Income|1,232|120|24,736|-|26,088|17,100|
|Income Tax|Recovered|13,875|-|180|-|14,055|16,106|
|Sundry|Income|10,559|500|2,644|-|13,703|10,476|
|Legacies|-|-|-|7|~|459|
|93,583|639|28,160|-|122,382|117,861|
|Fundraltsing|activities|
|Christmas|Market|772|-|-|-|772|2,998|
|Points|6|-|-|-|6|8|
|Organ Fund|-|-|-|-|-|25,547|
|Fundraising|-|46|-|-|46|3,897|
|Traidcraft Sales|-|-|973|-|973|1,291|
|Bookstall Sales|-|-|198|-|198|704|
|Refreshments|after|Church|95|-|-|-|95|529|
|,|
|TT|:|
|873|46|1,171|-|2,090|34,974|
|Investment income|
|Dividends|-|446|-|-|446|433|
|Interest|CBF|Deposit|Fund|-|698|-|:|698|1,429|
|Interest|Lloyds|Account|—_——1|———-|——-|—o-|FD1|-|
|1|1,144|-|-|1,145|1,862|
|Charitable|activities|
|Wedding|Fees|330|-|-|-|330|2,277|
|Funeral|Fees|1,433|-|-|-|1,433|1,059|
|1,763|-|-|-|1,763|3,336|
|Other Income|
|Heat &|Light|8,500|-|-|-|8,500|9,000|
|Photocopies|366|-|-|-|366|480|
|Rent|63|Linden|Road|3,384|2,042|-|-|5,426|13,200|
|12,250|2,042|-|-|14,292|22,680|
|TT|TT|
|Total Incoming resources|108,470|3,871|29,331|-|141,672|180,713|
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Page 24
PCC OF ST FRANCIS, BOURNVILLE
.
| | | |
| |
Comparative Detalled Statement of Financlal Activities for the year ended 31 December 2020
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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|2020|2019|
|Unrestricted|Designated|Restricted|Endowment|Total|Total|
|funds|Funds|funds|funds|funds|funds|as|
|restated|
|£|£|£|£|£|£|
|EXPENDITURE|:|
|Raising donatlons|and|legacies|
|AdmInistration|Costs|3,683|-|-|-|3,683|3,244|
|Curate|Housing|3,300|-|7,500|-|10,800|13,505|
|Fundralsing|Expenditure|-|-|-|-|-|3,167|
|Curate|Expenses|714|-|-|-|714|-|
|7,697|-|7,500|-|15,197|19,916|
|Other|trading|activities|
|Opening|stock|233|-|-|-|233|293|
|Traidcraft|Purchases|.|-|-|999|-|999|1,033|
|Bookstall|Expenses|-|-|92|-|92|504|
|Closing stock|~|-|(259)|-|(259)|(233)|
|233|-|832|-|1,065|1,597|
|Charitable|actlvities|
|Diocesan|Common|Fund|62,728|-|-|-|62,728|72,998|
|Ministry|-|General|Expenses|1,134|-|-|-|1,134|935|
|Ministry|-|Travel|Expenses|367|.|a|-|367|1,313|
|Ministry|-|Vicarage|Expenses|181|:|-|-|181|1,127|
|Church|-|Heating|6,888|-|510|-|7,398|10,648|
|Church|-|Lighting|.|2,743|-|-|-|2,743|4,577|
|Church|-|Insurance|6,200|-|-|-|6,200|6,308|
|Church|- General|- Repairs|-|2,097|-|-|2,097|123,225|
|Church|- General|- Expenses|5,211|2,432|625|-|8,268|11,660|
|Fixtures &|Equipment|89|415|-|-|504|1,789|
|Services|-|Altar|586|-|526|-|1,112|1,648|
|Services|-|Music|10,410|291|107|-|10,808|8,563|
|Children|&|Familles|Missioner|629|-|a|-|629|13,009|
|Active/Messy|Church|-|-|-|-|-|28|
|Church|Salaries|4,430|-|-|-|4,430|3,045|
|Administration|Costs|15,526|-|-|-|15,526|10,670|
|Youth|Worker|-|-|-|-|-|3,185|
|Youth|Worker|Expenses|-|-|:|-|-|6|
|Fees,|Subs & Training|1,766|-|-|-|1,766|1,154|
|Photocopier|2,231|-|-|-|2,231|2,477|
|Postage & Telephone|1,053|-|68|-|1,121|671|
|Statlonery|388|-|-|-|388|485|
|Action Aid|.|-|468|-|468|460|
|Bank Charges|158|-|-|-|158|239|
|Professional|Fees|2,130|-|-|-|2,130|1,070|
|Refreshments|-|-|-|-|-|245|
|Family Welfare|942|570|-|-|1,512|1,470|
|Ageing Well|Expenses|-|-|13,873|-|13,873|-|
|Misston|Giving|444|500|-|~|944|-|
|,|
|126,234|6,305|16,177|-|148,716|283,005|
|This|page does|not form|part|of the|statutory|financial|statements|
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‘ Page 25
PCC OF ST FRANCIS, BOURNVILLE
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Comparative Detailed Statement of Financial Activities for the year ended 31 December 2020
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|---|---|---|---|---|---|---|---|---|---|
|2020|2019|
|Unrestricted|Designated|Restricted|Endowment|Total|Total|
|funds|funds|funds|funds|funds|funds|
|£|£|£|£|£|£|
|Other|
|63|Linden|Road|Expenses|-|6,369|-|-|6,369|4,600|
|Miscellaneous|616|120|5,395|-|6,131|1,609|
|Fixtures|and|fittings|-|6,681|-|-|6,681|6,453|
|616|13,170|53,95|-|19,181|12,662|
|Total resources expended|134,780|19,475|29,904|-|184,159|317,180|
|Net Income|(26,310)|(15,604)|(573)|-|(42,487)|(136,467)|
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