The Parish of St. John’s Church, Hillingdon Registered Charity No. 1128058
Financial Statements
For the year ended 31[st] December 2021
The Parish of St. John’s Church, Hillingdon
Contents
For the year ended 31st December 2021
Independent Examiner’s Report
Receipts and Payments Accounts
Statement of Assets and Liabilities
Financial Report
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ St.John’s Church Hillingdon members of On accounts for the year 31 December 2021 Charity no 1128058 ended (if any) Set out on page 1-2
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 December 2021.
- Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed: Date: 29 September 2022 Name: Chaweevan Williams FCCA Relevant professional Chartered Certified Accountants qualification(s) or body : Address: Verdant Accountants Limited 20-22 Wenlock Road, London N1 7GU
Charity Name No (if any) St.John’s Church Hillingdon 1128058
Receipts and payments accounts
For the period Period start date Period end date To from 01.01.2021 31.12.2021
Section A Receipts and payments
| Section A Receipts and payments | ||||
|---|---|---|---|---|
| A1 Receipts - Unrestricted Incomes 106,052 Restricted – BuildingAccount Income - Restricted – Children Account Income - - Miscellaneous Income - - - 106,052 - - Sub total - Total receipts 106,052 A3 Payments - Unrestricted Outgoings 115,609 Restricted – BuildingAccount Outgoing - Restricted – Children Account Outgoing - - Miscellaneous Outgoing - - - - Sub total 115,609 - - Sub total - Total payments 115,609 Net of receipts/(payments) - 9,557 A5 Transfers between funds - A6 Cash funds last year end 92,325 Cash funds this year end 82,768 Unrestricted funds to the nearest £ Restricted – Cobden Close Account Income Sub total(Gross income for AR) A2 Asset and investment sales, (see table). Restricted – Cobden Close Account Outgoing A4 Asset and investment purchases, (see table) |
to the nearest £ - - 26,768 2,490 7,957 - - 37,215 - - - 37,215 - - 41,125 1,026 2,483 69 - - - 44,703 - - - 44,703 - 7,488 - 98,156 90,668 Restricted funds |
to the nearest £ Endowment funds |
Total funds to the nearest £ - 106,052 26,768 2,490 7,957 - - - 143,267 - - - 143,267 - 115,609 41,125 1,026 2,483 69 - - - 160,312 - - - 160,312 - 17,045 - 190,481 173,436 |
Last year to the nearest £ |
| - - - - - - - - - |
- | - | ||
| 106,052 | 120,299 | |||
| 26,768 | - | |||
| 2,490 | - | |||
| 7,957 | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| 143,267 | 120,299 | |||
| - - - |
- | |||
| - | - | |||
| - | - | |||
| - | 143,267 | 120,299 | ||
| - - - - - - - - - - |
- | - | ||
| 115,609 | 109,397 | |||
| 41,125 | - | |||
| 1,026 | - | |||
| 2,483 | - | |||
| 69 | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| 160,312 | 109,397 | |||
| - - - |
- | |||
| - | ||||
| - | - | |||
| - | 160,312 | 109,397 | ||
| - 7,488 | - - - - |
- 17,045 | 10,902 | |
| - | - | - | ||
| 98,156 | 190,481 | 179,579 | ||
| 90,668 | 173,436 | 190,481 |
Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees |
Details Current Account – General Fund Business Deposit Account – Designated Baron Hillingdon – (chancel only) Children’s Account Cobden Close Elevate Church Details Gift Aid Recoverable Grants Receivable Details Property: 127 Cobden Close 21 St.David’s Close 155 Pield Heath Road Details Details None Signature Total cash funds (agree balances with receipts and payments account(s)) Investments: Epworth Investment Management – Designated fund |
to nearest £ to nearest £ 23,851 58,917 - 38,607 3,278 31,622 17,161 82,768 90,668 OK OK to nearest £ to nearest £ 128,022 - - - 11,000 - 1,810 - - - Cost (optional) - Restricted General - General - - Cost (optional) - - - - N/A - - - - Print Name Alan Bradford Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Endowment funds |
|---|---|---|---|
| - | |||
| - | |||
| OK | |||
| to nearest £ Endowment funds |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| 250,000 | |||
| 260,000 | |||
| 450,000 | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| Alan Bradford | 28/09/2022 | ||
CCXX R2 accounts (SS)
27/09/2022
2
Financial Report 2022 (for 2021)
A summary for the four main bank accounts for St. John's is given below. This is followed by summary figures for the more frequently used current account. Main summary points are then given.
All Accounts Summary
YEAR TOTALS TO DEC 2021
Incomings
| INCOMINGS Current Account 106,052 |
|
|---|---|
| Building Account 26,768 |
|
| Children's Account 2,500 |
|
| Cobden Close 7,957 Total INCOMINGS 143,278 OUTGOINGS Current Account 115,609 |
|
| Building Account 41,125 |
|
| Children's Account 1,026 |
|
| Cobden Close 2,483 |
|
| Total OUTGOINGS 160,243 |
. BALANCE
(16,965)
Current Account End of Year
TOTAL 2021
Incomings
| INCOMINGS | |
|---|---|
| Giving Standing Orders 35,073 |
|
| Giving Website 2,629 |
|
| Giving Card Machine 667 |
|
| Giving Cheques 1,261 |
|
| Giving Plate Congregations 2,900 |
|
| Donations or Appeals 3,021 |
|
| Funds Generated 1,184 |
|
| Giving Other 412 |
|
| Church Hires 686 |
|
| CRF2 Grant Award 16,290 |
|
| Historic England Cupola Grant 2 5,945 |
|
| Words & Music 145 |
|
| Jazz 323 |
|
| Life Event Collections 802 |
|
| Wedding & Funeral Fees 5,265 |
|
| Rent from Properties 18,531 |
|
| Rent Phone Masts 10,061 |
|
| Misc 858 |
|
| Total INCOMINGS 106,052 |
OUTGOINGS
| Common Fund 50,000 |
||
|---|---|---|
| Building Works 7,735 |
||
| Historic England Cupola Grant 2 to BDA 5,945 |
||
| Gardens Maintenance 4,650 |
||
| Youth/Children's Ministry 98 |
||
| Wedding & Funeral Fees 695 |
||
| Licenses 530 |
||
| CRF2 Expenditure IT & Fayre & Testing 6,689 |
||
| Gifts 950 |
||
| Contactless Reader Charges 196 |
||
| Insurances 7,293 |
||
| Testing and Regular Maintenance 1,112 |
||
| Building Maintenance 6,777 |
||
| Organ/Piano Tuning 420 |
||
| Salary Administrator 6,650 |
||
| Staff Expenses 455 |
||
| Ministry/Mission 5,731 |
||
| Church Services 759 |
||
| Church Internet 432 |
||
| Office 699 |
||
| IT Hardware & Equipment 2,923 |
||
| Vicarage Alarm Maintenance 245 |
||
| Fuel & Water 1,622 |
||
| Expenses Properties 1,665 |
||
| Misc 769 |
||
| Course Fee for HOST 450 |
||
| Charitable Giving 120 |
||
| 115,609 Total OUTGOINGS BALANCE (9,557) |
Main Summary Points
Overall total incomings of £143.2k against expenditure of £160.2k show a deficit of £17k.This is rather a false picture, as over10k of Gift Aid for 2021 is still due to come in, and this will show in our 2022 accounts. We will also receive a grant back of some 4/5k for monies paid out in 2021 for surveys, which we had to initially pay up front.
We received a 16.2k grant award in 2021 to help with Covid recovery and also a further grant, part 2, towards the stabilising of the cupola. You will note that the building account shows a deficit as we paid out for mesh repairs to secure the flintwork at the front of the building and we saw to a temporary roof for the Grundon Room, amongst other building repair and upkeep work. We did, however, get some back-rent from the telecomms companies that use our tower which helped us compensate for some of our repair costs.We paid a reduced amount of £50k to the Diocese Common Fund.
Thank you to Nikki (Administrator)and Ursulyn (Treasurer) who have helped enormously as we have moved over to a web-software solution using a team-approach to our accounting systems, using 'Xero' software. This is indeed helping our overall efficiency, organisation and reporting. Alan