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## THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
Clemence Hoar Cummings CHARTERED ACCOUNTANTS
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## THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337)
## CONTENTS
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|---|---|---|---|---|---|---|---|
|Page|1-4|Annual|Report|of the|Parochial|Church|Council|
|5|Independent|Examiners’|Report|
|6|Statement|of|Financial|Activities|
|7|Balance|Sheet|
|8-13|Notes to the Accounts|
|14|The Ship Surplus & deficit account|
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: THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD
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## (Charity Registration No. 1127337)
## ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL
## FOR THE YEAR ENDED 31ST DECEMBER 2021
## REFERENCE AND ADMINISTRATIVE DETAILS
St Helen's and St Giles church is situated in Rainham, Essex. It is part of the Diocese of Chelmsford within the Church of England. The correspondence address is St Helen’s Church Hall, St Helen's Court, Upminster Road South, Rainham, Essex, RM13 9YU.
Charity Number: 1127337 Prinicipal Office: St Helen's Court Upminster Road South Rainham Essex RM13 9YU Independent Examiners: | CHC Accountancy Ltd T/A Clemence Hoar Cummings Riverside House 1-5 Como Street Romford RM7 7DN Bankers Barclays Bank Plc 1 Churchill Place London E14 5HP
PCC members who have served from 1st January 2021 until the date of this report was approved are:
Incumbent: Rev'd Elise Peterson
Associate Minister: Rev'd David Stainer
- Elected Members ° Vice Chair — Gloria Byatt e Treasurer — John Skingsley ° Secretary — Alan Dell ° YCM Rep — Janet Lill ° Child Protection Rep - Gloria Byatt ° Ship Rep - Joanne Barclay e Ship Rep / Outreach - Shirley Philips ° Social Rep - Maxine Howgate-Richards/Jackie Willoughby e Marilyn Lane ° Frank Byatt ° Jane Cassidy
- Non-Elected Members . Chair — Rev'd Elise Peterson ° Associate Minister— Rev'd David Stainer ° Wardens — Stephanie Bare & Rob Willoughby ° Maintenance Reps —/ Stephanie Bare
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# THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337)
ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31ST DECEMBER 2021
## STRUCTURE, GOVERNANCE AND MANAGEMENT
The church is governed by the Parochial Church Council Powers Measure (1956) as amended and by Church Representation rules. The church is a charity, registered with the charity commission. The method of appointment of PCC members is set out in Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC,
## OBJECTIVES AND ACTIVITIES
Rainham Parish Church Council has the responsibility of co-operating with the incumbent, the Rev'd. Elise Peterson, in promoting in the ecclesiastical parish the whole mission of the church, pastoral, evangelistic, social and ecumenical. It also has the maintenance responsibilities for the Church centre complexes of St Helen and St Giles.
## Background information
The church (St Helen and St Giles, a unique conjunction) was given by Richard de Lucy, Grand Justiciar of England, 1179, to his Abbey of Lesness, and probably was built, or rebuilt, about that time. The body of the church is late Norman, with windows of later insertion. The low massive square tower is early English, and has heavy butresses and modern brick battlements. A doorway south of the chancel has a late Norman arch, with good chevron mouldings and grotesque heads to the small caps. The chancel arch is Norman with plain mouldings. The pier arcades have square shafts and dentil mouldings to the caps. The only noteworthy memorial is a late 15th century brass of a civilian and his wife, without an inscription. Charles Churchill, the poet, was curate to his father, who was rector of Rainham, about 1756-58 and is said to have opened a school here, which was not successful.
## Mission statement
Our mission is to engage with the whole community and build relationships with the different groups of people here, sharing God's love through the good news of Jesus Christ in practical and relevant ways.
## ACHIEVEMENTS, PERFORMANCE AND BACKGROUND INFORMATION
## Church attendance
There are 107 (2020: 107) people registered on the Electoral Roll and there were 62 people attending the services on average (with COVID restrictions taken into account).
Review of church council and church meeting business during the year. Meeting of PCC members are held approximately every six weeks. Copies of the minutes are available to church members on request after they have been signed and agreed by the PCC, for all members of the parish to read.
## Treasurer's review of the year
1 would like to thank Alan Dell and Stephanie Bare for their continued help in organising the counting and paying in of the weekly collections during 2021, as well as all the members of the PCC for their help and support during the another challenging year. | would also like to thank Rob Willoughby for his work in ensuring that the hall is now a major source of income for the church with the introduction of the pre-school and for the other work that he did in terms of us being able to organise finances going forward. | would also like to thank the congregation for its continued support towards the funding of the church and The Ship whether through regular standing orders or by whatever means that they have managed to contribute this past year.
During the course of the year we incurred expenditure of £124,011 for the church which comprised mainly Music and Equipment Licensing, Electrical testing and the tuning of the Church Organ (this is necessary).
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No, 1127337)
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ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL
## FOR THE YEAR ENDED 31ST DECEMBER 2021
## Treasurer's review of the year continued
With regard to RPC staffing Alan Dell continued in his role of Office Administrator and Glen Philips as Caretaker.
The Ship is financed by donations and is managed by Shirley Philips, her salary was financed by RPC. The Ship has two part time employees on its payroll Joanne Barclay and Suzy Timcke who are responsible for the preparation and cooking of the food.
Giving Income in 2021 was £83,336 (not including Gift Aid).
In addition to this, gifts totalling £32,692 were donated to support the running costs of The Ship, Expenditure amounted to £20,205. .
Donations from RPC for 2021 were as follows:
- Church Pastoral! Aid Society - Bishop of Chelmsford
In 2021 the PCC maintained monthly payments of £3,000, making a total contribution of £36,000. We will continue to pay £3,000 in 2022 and this will be further reviewed during the course of the year with the aim to try to make additional payments when possible.
## Our Restricted Funds performed as follows:
The Youth Work fund (Open £919, Close £919) accrued interest in the year NIL The Church Restoration Fund (Open £2,047, Close £2,056) accrued Interest in the year £9
Our separate deposit accounts containing the funds from the bequest of a late church member (these being unrestricted monies) together with interest earned containing unrestricted bequest monies closed in 2021 with a balance of £19,884 (2020 - £19,874), We also have endowments funds totalling £16,229 on deposit.
## Other giving to organisations outside the parish was as follows:
We continued to support CPAS on a monthly basis. We paid them £30 a month, £360 in total.
I close this, my sixth and very final report with sincere thanks to all those who have supported and given encouragement to me during my time as Treasurer, we continue to face many challenges in 2022 and | wish the PCC the very best in making the right decisions to enable the church to move forward in the right direction over the coming years.
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-THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337)
ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL
## FOR THE YEAR ENDED 31ST DECEMBER 2021
## FINANCIAL REVIEW
Total income on ordinary unrestricted funds was £157,210 (2020 - £124,976 ), on restricted funds £632 (2020 - £30) and £2,317 (2020 - £1,175) on endowment funds. The balance of endowment funds as at 31 December 2021 was £16,229 (2020 - £13,912) All three are detailed in the financial statements.
Total unrestricted expenditure amounted to £124,011 (2020 - 146,304), this included the church's contribution to the diocesan family purse of £36,000 (2020 - £42,000).
The net result for the year was a surplus on unrestricted funds of £33,199 (2020 - Deficit £21,328), and a surplus on restricted funds of £632 (2020 - Deficit £128), Other than changes in the market value of investments there was no income on the endowment fund.
## RESERVES POLICY
It is the PCC policy to maintain a balance on unrestricted funds (if possible), which equates to approximately six months' unrestricted payments, to cover emergency situations that may arise from time to time. The balance at the year end totals £500,534, however , which in the event of an emergency situation is not a liquid resource, leaving a true balance of £418,658.
The restricted funds which had a balance at the year end related to the Church Communications Project which stood at £1,506 and the designated funds for Church Tower Restoration which stood at £3,200.
It is our policy to invest the majority of our funds balances with the CBF Church of England Deposit Fund.
## RESPONSIBILITIES OF THE PCC
The Members of the PCC are responsible for the preparation of a Statement of Financial Activities and Balance Sheet for each financial year, which comply with Section 130 of the Charities Act 2011 following the guidance for accounting for smaller charities issued by the Charities Commission.
- In preparing the Statement of Financial Activities and Balance Sheet we are required to:
- + Select suitable Accounting Policies and then apply them consistently
- Make judgements and estimates that are reasonable and prudent
__ Stateto anywhethermaterialapplicabledepartureaccountingdisclosed andstandardsexplainedandinstatementsthe accounts.of recommended practice have been followed, subject
Our responsibilities as members of the PCC include keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the Accounts comply with the Charities Act 2011. We are also responsible for safeguarding the Church's Assets and hence for taking reasonable steps for the prevention and detection of fraud and breaches of law and regulations.
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St Helen's Church Hall
St Helen's Court
UpminsterRainham, Essex Road South
RM13 9YU
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tes CVG vba batat ,
Rev'd Elise Peterson
g,vrnsaeeees Sf,poos 2022
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# THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337) ,
## INDEPENDENT EXAMINERS' REPORT. FOR THE YEAR ENDED 31ST DECEMBER 2021
This report on the Accounts of the PCC for the year ended 31 December 2021, which are set out on pages 6 to 13 inclusive, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 and Section 145 of the Charities Act 2011.
.
## Respective responsibilities of Trustees and Examiner
As members of the PCC you are responsible for the preparation of the Accounts; you consider that the audit requirement - of Regulation 3(3) of the Church Accounting Regulations 2006 and Section 144(2) of the Charities Act 2011 (the Act} do not apply. | report in respectof my examination of the charity's accounts carrled out under section 145 of the Act and in carrying out my examination | have followed all applicable Directions given by the Charity commission under section 145(5)(b) of the Act.
Basis of Independent Examiner’s Report My examination was carried out in accordance with the General Directions given by the Charity Commission under Section 145(5)(b) of the Act and to be found in the guidance from the CBF. That examination includes a review of the accounting records kept by the PCC and a comparison of the Accounts with those records. It also includes considering any unusual items or disclosures in the Accounts and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently | do not express an audit opinion on the view given by the Accounts.
independent Examiner’s Statement , | have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- Accounting records were no kept in respect of the charity as required by section 130 of the Act; or
- The accounts do not accord with those records [; or
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 requirement that the accounts give ‘true and fair view’ which is not a matter of considered as part of an independent examination].
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in the report in order to enable a proper understanding of the accounts to be reached.
Riverside House
Riverside House D M Belbin BSc BFP FCA DChA 1-5 Como Street Independent Examiner Romford Clemence Hoar Cummings Essex , Chartered Accountants RM7 7DN ap B..SeqhCusleeeg...2022
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## THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD
## (Charity Registration No. 1127337)
## STATEMENT OF FINANCIAL ACTIVITIES
## FOR THE YEAR ENDED 31ST DECEMBER 2021
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|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|31.12.21|31.12.20|
|General|Restricted|Endowment|Total|Total|
|Funds|Funds|Funds|Funds|Funds|
|Note|£|£|£|£|£|
|Donations|and|Legacies|2(a)|126,028|632|-|126,660|111,893|
|Charitable|Activities|2(b)|8,836|-|-|8,836|11,592|
|Church|Hall|Hire|2(c)|10,695|-|-|10,695|1,056|
|Other|income|2(d)|11,651|-|11,651|465|
|TOTAL|INCOMING|RESOURCES|157,210|632|-|157,842|125,006|
|EXPENDITURE|ON:|
|Church|activities|3(a)|124,011|-|-|124,011|146,462|
|Cost|of|activities|for|generating|funds|3(b)|-|-|-|-|-|
|TOTAL RESOURCES EXPENDED|124,011|-|-|124,011|146,462|
|NET SURPLUS/(DEFICIT)|FOR THE YEAR|33,199|632|-|33,831|(21,456)|
|UNREALISED|GAINS ON|INVESTMENTS|-|-|2,317|2,317|1,175|
|NET TRANSFERS|TO|RESTRICTED|FUNDS|-|-|-|-|-|
|GAIN|ON|DISPOSAL|OF|PROPERTY|11|-|-|-|-|-|
|NET MOVEMENT|IN|FUNDS|33,199|632|2,317|36,148|(20,281)|
|BALANCES|BROUGHT|FORWARD|AT|
|1ST JANUARY|2021|467,335|£|4,984|£|13,912|£|486,231|£|506,512|
|BALANCES|CARRIED|FORWARD|AT|
|31ST DECEMBER|2021|£|500,534|£|5,616|£|16,229|£|522,379|£|486,231|
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## THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337)
## BALANCE SHEET
## AS AT 31ST DECEMBER 2021
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Note 31.12.21 31.12.20
£ £ £ £
FIXED ASSETS
Tangible fixed assets 5a 90,315 88,971
Investment assets 5b 16,229 13,912
106,544 102,883
CURRENT ASSETS
Debtors 6 36,593 26,126
Diocesan Central Board of Finance 28,670 28,655
Cash at bank and in hand 353,395 329,094
418,658 383,875
LIABILITIES:
Creditors - amounts falling due
within one year 7 2,823 527
NET CURRENT ASSETS 415,835 383,348
NET ASSETS £ 522,379 £ 486,231
FUNDS
General 8 500,534 467,335
Restricted 8 5,616 4,984
Endowment 16,229 13,912
£ 522,379 £ 486,231
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Approved by the Parochial Church Council on RANAf, 202
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TA. 2
vous Church Officer
rad
lacgrerts Vroolkien Officer
A sceneries DPe@aSurer
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## THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337)
## NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2021 ‘
## 1. ACCOUNTING POLICIES
## a) Basis of accounting
The financial statements have been prepared under the historic cost convention, in accordance with the Church Accounting Regulations 2006 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102 (Charities SORP FRS 102) and the Charities Act 2011.
In preparing the financial statements, the trustees have considered whether in applying the accounting policies required by the Charities SORP FRS 102 the restatement of comparative items was required. There were no changes to the accounting policies of the charity as a result of the adoption of FRS 102.
## b) Funds
Restricted funds represent donations or fundraising income invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund.
Where funds received have been restricted for the purchase of fixed assets, the value of the specific object is transferred at the purchase date from the restricted fund to the general fund in the Statement of Financial Activities. ;
"General Funds represent funds of the church council that are not subject to any restrictions regarding their use and are available for application on the general purposes of the Church. Funds designated by the Church Council for a particular purpose are also unrestricted.
## c) Income Resources
All income and endowments are included in the statement of financial activities when the Church is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to . particular categories of income:
- Collections and planned giving receivable under covenant are recognised when received on behalf of the Church Council.
- . Tax refunds are recognised when the incoming resource to which they relate is received.
- Funds raised by fete, garden party and similar events are accounted for gross.
- . Grants and legacies to the Church Council are accounted for as soon as the Church Council is notified of its legal entitlement and the amount due.
- Rental income from the letting of church premises is recognised when the rental is due.
- Trading income is recognised when the goods have been soid.
- Interest and dividends is recognised when received.
## d) Resources Expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which is reported as part of the expenditure to which it relates:
- Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of running fundraising events.
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD
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## (Charity Registration No. 1127337)
## NOTES TO THE ACCOUNTS
## FOR THE YEAR ENDED 31ST DECEMBER 2021
## 1. ACCOUNTING POLICIES CONTINUED...
- Church activities expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
- Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity.
## Fixed assets
The church's freehold property is stated at its cost amount. No depreciation is charged on the asset as the current market value is considered in excess of the book value shown.
- f) Investments
Investments whether by way of loan or transferable security are valued at market value.
|2. INCOMEAND ENDOWMENTS||31.12.21|31.12.21||31.12.20|
|---|---|---|---|---|---|
||General|Restricted|Endowment|Total|Total|
||Funds|Funds|Funds|Funds|Funds|
||£|£|£|£|£|
|;||||||
|a) Donations and Legacies||||||
|Planned Giving:||||||
|Envelopescheme|9,187|-|-|9,187|9,839|
|Gift Aid
CAF& charities trust
Collections (Cash offering)|10,000
68,553
5,166|~
-
-|-
-
-|10,000
68,553
5,166|15,000
49,162
4,383|
|The Ship
Donations, appeals, etc.|32,692
430|-
-|-
-|32,692
430|31,589
1,894|
|Church Tower Restoration Fund|-|632|-|632|26|
||126,028|632|-|126,660|111,893|
|b) Charitable Activities
Rentsrece**i**v**e**d (Shipflat )
Church off c income|8,350
-|-
-|-
-|8,350
-|9**,**425
2 167|
|Other fundraising activities|486|-|-|486|-|
||8,836|~|-|8,836|11,592|
|c) Income from church activities||||||
|Church hall hire|10,695|-|-|10,695|1,056|
||10,695|-|-|10,695|1,056|
|d) Other income||||||
|Grant income (Furlough payments)|11,487|||11,487||
|Dividends and interest|164||-|164|465|
||11,651|||11,651||
|TOTAL INCOMING RESOURCES|157,210
wee|632
-
157,842
ee|||125,006|
In 2020, £30 of donation income related to restricted funds, with the balance of all other income totalling £124,976 relating to unrestricted funds.
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337)
|
## NOTES TO THE ACCOUNTS
## FOR THE YEAR ENDED 31ST DECEMBER 2021
||3.|EXPENDITURE ON:|||||31.12.21|31.12.21|||31.12.20||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||General|Restricted|Endowment||Total|Total||
||||||Funds|Funds|Funds||Funds|Funds||
||||||£|£||£|£|£||
||a)|Church activities||||||||||
|||Donations|||435|-||-|435|2,935||
|||Ministry: Diocesan Family||purse|36,000|-||-|36,000|42,000||
|||Church running and|maintenance||50,524|-||-|50,524|59,534||
|||Church hall running|costs||4,558|-||-|4,558|5,436|-|
|||Parish office||,|2,274|-||-|2,274|-||
|||Assistant clergyexpenses|||1,092|-||-|1,092|1,436||
|||Incumbent housing|||-|-||-|-|1,341||
|||incumbent/Curate travel|||-|-||-|-|141||
|||The Ship Expenses and Overheads|||23,392|-||-|23,392|33,057||
|||Accountancy fees|||5,400|-||-|5,400|582||
|||Depreciation expense|||336|-||-|336|-||
||||||124,011|-||-|124,011|146,462||
||b)|Raising funds||||||||||
|-||Other fundraising activities|||-|-||-|-|-||
|||TOTALRESOURCESEXPENDED|EXPENDED||124,011|-||-|124,011|146,462||
||In|2020, £158 ofexpenditure||related to restricted funds, with the||balance of£146,304||relating to unrestricted||funds.||
||4.|STAFFCOSTS||||31.12.21||||Total||
||||||General|Restricted|Endowment||Total|Funds||
||||||Funds|Funds|Funds||Funds|£||
||||||£|£||£|£|-||
|||WagesandSalaries|||47,300|-||-|47,300|53,041||
The PCC employs an administrator and a part time Hall Caretaker. The cost of the administration staff has been split between the running costs of the church and the church hall using a ratio of 9:1 based on tasks carried out. Staff costs for The Ship have been included in the expenses and overheads in note 3.
The average number of employees during the year was as follows;
|The average number of employeesemployees during the year waswas as follows;|31.12.21||31.12.20||
|---|---|---|---|---|
||No.||No.||
|The Church||3||4|
|The Ship||2||2|
|Total||5||6|
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337)
, | | , , | | |
## NOTES TO THE ACCOUNTS
## FOR THE YEAR ENDED 31ST DECEMBER 2021
|5.|FIXEDASSETS|Freehold|Audio||Church Hall|Church Hall|||
|---|---|---|---|---|---|---|---|---|
|a)|Tangible|Property|Equipment||Equipment|||Total|
|||£|£|||£||£|
||Cost||||||||
||As at 1stJanuary2021|88,971|15,223|||7,880||112,074|
||Additions|-||-||1,680||1,680|
||Disposal|-||-||-||-|
||As at 31st December 2021
.|88,971|15,223|||9,560||113,754|
||Depreciation||||||||
||As at istJanuary 2021
Charge forthe year|-
-|15,223
-|||7,880
336||23,103
336|
||As at 31st December 2021|-|15,223|||8,216||23,439|
||NetBookValueas at31stDecember2021|88,971||-||1,344||90,315|
||NetBookValueas at34st December2020|88,971||-||-||88,971|
|b)|investments|||||||Unlisted|
|||||||||Investments|
|||||||||£|
||Marketvalue at 1January2021|||||||13,912|
||Unrealised surplus|||||||2,317|
||Marketvalue at 31 December 2021||||||£|16,229|
||During the year no investments were purchased or sold. The market value at 31||December|2021||represents|investments as||
||follows.|||||||;|
||Endowment funds||||||£|16,229|
|||||||31.12.21||31.12.20|
|6.|DEBTORS|||||£||£|
||Tax recoverable|||||36,000||26,000|
||Other debtors|||||593||126|
||||||£|36,593|€£|26,126|
||||.||||||
|7.|LIABILITIES||||||||
||Amounts falling due within one year||||||||
||Accruals|||||2,823||527|
||||||£|2,823|£|527|
8. FUNDS Youth Work
This fund has been set up to cover the costs of youth activities provided by the church. Incoming resources for the year totalled NIL (2020: £7), which represents the proceeds of fund-raising and investment income specifically thereon.
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## THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337)
## NOTES TO THE ACCOUNTS
## FOR THE YEAR ENDED 31ST DECEMBER 2021
## 8. FUNDS CONTINUED...
|||Balance at||Incoming||Outgoing|Gain on||||Balance at|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||1.1.21||Resources||Resources|Disposal||Transfers||31.12.21|
|||£||£||£|||£||£|
|Restricted Funds||||||||||||
|YouthWork( incl. Ivy Poplar Bequest )||919||||-|-||-||919|
|Church Tower Restoration||2,566||634||-|-||-||3,200|
|Church Communications Project||1,500||1||-|-||-||1,501|
||£|4984|£|635|€£|-|-|£|-|£|5,619|
|General Funds||||||||||||
|General Fund||465,288||157,201||(124,011)|-||-||498,478|
|Designated Funds||||||||||||
|Church Restoration Fund||2,047||9||-|-||-||2,056|
||£|467,335|€|157,210|£|(124,011)|-|£|-|€£|500,534|
|Endowment Funds||||||||||||
|Endowment Fund||13,912||2,317||-|-||-||16,229|
||£|13,912|€£|2,317|£|-|-|£|-|£|16,229|
; |
.
| |
8
Page 13
:
## THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No, 1127337)
## NOTES TO THE ACCOUNTS
## FOR THE YEAR ENDED 31ST DECEMBER 2021
8. FUNDS CONTINUED...
## Prior Year
||Prior Year||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Balance|at||Incoming|||Outgoing||Galn on||||Balance at|
|||||1.1.20|||Resources|||Resources||Disposal||Transfers||31.12.20|
|||||£|||£|||£||||£||£|
||Restricted Funds||||||||||||||||
||YouthWork( Incl. lvy Poplar Bequest|)|||41||4|||-||Se||904||919|
||Church Tower Restoration|||2,698|||26|||(158)||-||-||2,566|
||Church Communications Project|||1,499||||||-||-||-||1,499|
||||£|4,209 £|||30|£||(158)||-£||904 £||4,984|
||General Funds||||||||||||||||
||General Fund|||487,529|||124,967|||(146,304)||-||(904)||465,288|
||Designated Funds||||||||||||||||
||Church Restoration Fund|||2,038|||9|||-||-||-||2,047|
||||£|489,567 £|||124,976|£||(146,304)||-€£||(904) &||467,335|
||Endowment Funds||||||||||||||||
||Endowment Fund|||12,737 £|||1,175|£||~||-£||-£||13,912|
||||£|12,737||£|1,175||£|-||-|€£|-|€£|13,912|
|||||||||||||||||2021|
|9.|ANALYSIS OF NETASSETS BYFUND|||||||||General||Restricted||Endowment||Total|
|||||||||||Funds||Funds||Funds||Funds|
|||||||||||£||£||£||£|
||Fixed assets|||||||||90,315||-||16,229||106,544|
||Current assets|||||||||413,043||5,616||-||418,658|
||Current liabilities|||||||||(2,823)||-||-||(2,823)|
||||||||||£|500,535|£|5,616|£|16,229|£|522,379|
||Prior Year|;||||||||||||||2020|
|||||||||||General||Restricted||Endowment||Total|
|||||||||||Funds||Funds||Funds||Funds|
|||||||||||£||£||£||£|
||Fixed assets|||||||||88,971||-||13,912||102,883|
||Current assets|||||||||378,891||4,984||-||383,875|
||Current liabilities|||||||||(527)||-||-||(527)|
||||||||||£|467,335|£|4,984|£|13,912|£|486,231|
'
Page 14
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELIMSFORD STATEMENT OF FINANCIAL ACTIVITIES (Charity Registration No. 1127337) SHIP ACCOUNTS
| | | | } | | | | |
a,
**----- Start of picture text -----**
||||||||||
|---|---|---|---|---|---|---|---|---|
|2021|2020|
|GALLEY|
|.|Donations|29,565|28,626|
|Donations|received|from|Fairtrade,|Gifts|&|Cards|3,127|2,963|
|32,692|31,589|
|Other|income|
|Grant|income|3,529|
|Cost|of supplies|3,127|4,820|
|3,127|4,820|
|GROSS|CONTRIBUTION|29,565|26,769|
|EXPENSES|
|Repairs|&|renewals|703|1,368|
|Sundry|259|1,775|
|Wages|14,301|17,528|
|Telephone|557|1,020|
|Refuse|removal|875|1,999|
|RatesHeat &|Light||2,92167|3,89270|
|Services|520|585|
|(20,204)|(28,238)|
|NET TRADING|SURPLUS/(DEFICIT)|£|9,361|£|(1,468)|
|Flat|Income|8,350|9,425|
|NET SURPLUS|17,711|7,957|
**----- End of picture text -----**
**----- Start of picture text -----**
,
**----- End of picture text -----**
||
This page does not form part of the examined accounts