BRAMSHOTT & LIPHOOK PAROCHIAL CHURCH COUNCIL
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[st] DECEMBER 2021
May 2022 Registered Charity No 1128142
2.4 Treasurer’s Report
Introduction & acknowledgements
While I have the responsibility of being Treasurer, in effect, I am reporting on the kind and excellent efforts of other people.
The booking keeping and accounting processes that I have inherited were put in place by Paul Arnold and continue to serve us well. Leanne Miller is to be heartily thanked for her effort in keeping our records in order and for providing Matthew, our supervising inspector, with the information he required to complete the audit of our accounts.
Katy Ramage has stoically taken care of our payroll, a tedious and time-consuming task for which she deserves heartfelt thanks.
Hilton Carr has done excellent work as our gift aid secretary until recently for which we should be incredibly grateful.
Peter Manning has been a big help in tracking our income and reconciling our records.
Matthew at Knox Cropper has carried out the inspection of our accounts once again.
A big thank you to you all.
Overview of 2021
The Parish began the year with a balance on our unrestricted funds of just £8,785. It is to be remembered that our desired level of reserves is around £30,000. I am pleased to report that despite the pandemic and the interruption this has caused to our worship and ministry, the Parish returned a surplus over the course of 2021, and the unrestricted funds have grown to £13,060.
Throughout 2020 and 2021, the Liphook food bank used the church bank account to receive donations. They have now established their own account and so at year end the balance held for the food bank was reduced to zero. This explains most of the move in the “restricted funds” which declined by GBP10,871 over the year.
We were able to pay our full parish share in 2021. We also gave GBP 4,500 to our three chosen charities as requested by the PCC.
A number of very generous contributors to our parish have left during the course of 2021 and as a consequence our total giving declined quite dramatically towards the end of the year. The parish share has increased modestly for the year ahead and utility bills will rise substantially as the new tariffs kick in. Cost inflation and diminished giving will pose a challenge going forward.
To meet the challenges posed, we have initiated a campaign to encourage parishioners to increase their giving and are planning to hold a number of events over the course of the year to raise more funds.
The accounts for 2021
On page 10 of this report there is a statement of the financial activities of 2021 together with detailed explanatory notes that have been compiled by Knox Cropper.
Financial Management
Our income and expenditure is recorded in the cloud-based Xero accounting system. ChurchSuite (a cloud-based database management tool) is used to record our giving and make Gift Aid reclaims.
In addition to the computerised system to record all transactions, we have continued to use the financial controls listed below:
-
the PCC and Standing Committee are advised on our financial position in relationship to our budgets on a month-by-month basis and/or as required.
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the 2022 budget have been discussed and agreed by the PCC.
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no expenditure is reimbursed without receipts and a completed and duly authorised claim form.
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salaries are paid direct to employee’s bank accounts by an automated system through our Bankers; we use accountants Traviss and Co as our payroll providers.
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online transactions require 2 signatures/authorizations and cheques over £200 require 2 signatures.
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the bookkeeper can access all PCC bank accounts via an on-line banking system allowing the viewing of all the Lloyds and CAF bank account statements at any time.
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our payroll administrator sets up appropriate payments to the Inland Revenue;
-
we prepare and submit Gift Aid redemption requests via the HMRC internet claims system.
Stewart Paterson
Treasurer
BRAMSHOTT & LIPHOOK
PAROCHIAL CHURCH COUNCIL
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
Page 1
BRAMSHOTT & LIPHOOK
PAROCHIAL CHURCH COUNCIL REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2021
Page 2
BRAMSHOTT & LIPHOOK
PAROCHIAL CHURCH COUNCIL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2021
(Continued)
Page 3
BRAMSHOTT & LIPHOOK
PAROCHIAL CHURCH COUNCIL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2021
(Continued)
Page 4
BRAMSHOTT & LIPHOOK
PAROCHIAL CHURCH COUNCIL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2021
(Continued)
Page 5
BRAMSHOTT & LIPHOOK
PAROCHIAL CHURCH COUNCIL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2021
(Continued)
Page 6
INDEPENDENT EXAMINER’S REPORT
TO THE MEMBERS OF THE
BRAMSHOTT & LIPHOOK
PAROCHIAL CHURCH COUNCIL
Independent examiner's report to the trustees of Bramshott & Liphook Parochial Church Council.
I report to the charity trustees on my examination of the accounts of the Bramshott & Liphook Parochial Church Council (the Trust) for the year ended 31st December 2021.
This report is made to the Trustees, as a body, in accordance with the terms of my engagement. My work has been undertaken so that I might carry out an Independent Examination of the financial statements in accordance with the Directions given by the Charity Commissioners. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity’s trustees as a body for my work or for this report.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation 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 Act and in carrying out my examination I have followed all 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 giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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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 a true and fair view which is not a matter considered as part of an independent examination.
I 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.
Matthew Elkins FCA Knox Cropper LLP Chartered Accountants Office Suite 1, Haslemere House Lower Street Haslemere Surrey GU27 2PE
Date: .............................................
Page 7
BRAMSHOTT & LIPHOOK
PAROCHIAL CHURCH COUNCIL
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST DECEMBER 2021
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | ||
| Funds | Fund | Fund | Funds | Funds | ||
| Notes | £ | £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS | ||||||
| FROM | ||||||
| Donations and legacies | 2 | 128,496 | 16,637 | - | 145,133 | 170,655 |
| Other trading activities | 3 | 34,359 | - | - | 34,359 | 24,629 |
| Investment income | 4 | 7 | - | - | 7 | 70 |
| _ | ______ | ______ | _ | _ | ||
| Total | 162,862 | 16,637 | - | 179,499 | 195,354 | |
| EXPENDITURE ON | ||||||
| Charitable activities | 5 | |||||
| Charitable | 158,587 | 27,508 | - | 186,095 | 188,044 | |
| _ | ______ | ______ | _ | _ | ||
| NET | 4,275 | (10,871) | - | (6,596) | 7,310 | |
| INCOME/(EXPENDITURE) | ||||||
| RECONCILIATION OF FUNDS | ||||||
| Total funds brought forward | 8,785 | 191,925 | 2,000 | 202,710 | 195,400 | |
| _ | _ | ______ | _ | _ | ||
| TOTAL FUNDS CARRIED FORWARD | £13,060 _ |
£181,054 _ |
£2,000 ______ |
£196,114 _ |
£202,710 _ |
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
Page 8
BRAMSHOTT & LIPHOOK
PAROCHIAL CHURCH COUNCIL
BALANCE SHEET
AS AT 31ST DECEMBER 2021
| 2021 | 2020 | ||
|---|---|---|---|
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible assets | 10 | 157,535 | 161,454 |
| CURRENT ASSETS | |||
| Debtors | 11 | 9,937 | 15,746 |
| Cash at bank | 52,231 | 49,633 | |
| _ | _ | ||
| 62,168 | 65,379 | ||
| CREDITORS | |||
| Amounts falling due within one year | 12 | (23,589) | (22,653) |
| _ | _ | ||
| NET CURRENT ASSETS | 38,579 | 42,726 | |
| _ | _ | ||
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 196,114 | 204,810 | |
| CREDITORS | |||
| Amounts falling due after more than | |||
| one year | 13 | - | (1,470) |
| _ | _ | ||
| NET ASSETS | £196,114 | £202,710 | |
| _ | _ | ||
| FUNDS | |||
| Unrestricted funds | 14 | 13,060 | 8,785 |
| Restricted funds | 181,054 | 191,925 | |
| Endowment funds | 2,000 | 2,000 | |
| _ | _ | ||
| TOTAL FUNDS | £196,114 _ |
£202,710 _ |
The financial statements were approved by the Board of Trustees on ……………………………. and were signed on its behalf by:
………………………………………….
Revd V Inglis-Jones
Page 9
BRAMSHOTT & LIPHOOK
NOTES TO THE ACCOUNTS
PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31ST DECEMBER 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice’ applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102 March 2018) Second Edition issued in October 2019, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
The Trustees consider that there are no uncertainties about the Charity’s ability to continue as a going concern.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Donations, Legacies and Collections
Collections are recognised when banked by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognised only when received. Income tax recoverable on covenants or Gift Aid donations is recognised in the accounts when the gift is received. Grants and legacies are accounted for when the PCC is notified of its legal entitlement and the amount due is probable.
Other trading income
Parochial fees due to the PCC for weddings, etc. are accounted for on an event by event basis. Fundraising Activities are recognised when received.
Income from investments
Interest income is accounted for when received.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity 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 basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
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BRAMSHOTT & LIPHOOK
PAROCHIAL CHURCH COUNCIL
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
(Continued)
1. ACCOUNTING POLICIES (continued)
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Buildings - 2% on reducing balance Kitchenette - 5% in straight line
Consecrated and beneficed property of any kind is excluded from the accounts by section 10(2) to (4) of the Charities Act 2011.
Moveable church furnishings held by the Rector and Churchwardens on special trust for the PCC and for which require a faculty for disposal are inalienable property, listed in the church’s inventory, which can be inspected (at any reasonable time). Such items are not valued in the financial statements.
The proceeds of the sale of a portion of land sold in 2000 to the Diocese are recognised as endowment funds, and the interest due on this sum is treated as arising from the original endowment, the use of such accumulated interest is unrestricted and is apportioned pro-rata to the sale of the centre land fund.
The Church Centre, Link and Ark were built on land which was left within a restricted endowment such that it can only be used for church purposes, therefore the buildings asset value of £157,535 (2021 net value) can never be realised. It was allocated during 2008 into restricted funds.
Individual equipment expenditure items with a purchase price of under £5,000 in the year have been written off when the asset was acquired, as approved by the PCC.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Part of the unrestricted fund which the PCC has, at their discretion, set aside for a designated purpose. Designated funds are also used where donors have expressed a preference without imposing a trust. The funds so designated remain unrestricted since the PCC can remove the designation at any time
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature of each fund is included in the notes to the financial statements.
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BRAMSHOTT & LIPHOOK
PAROCHIAL CHURCH COUNCIL
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
(Continued)
Operating Leases
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the Statement of Financial Activities as incurred.
Critical Accounting Judgements and Key Sources of Estimation Uncertainty
Useful life of tangible fixed assets
The depreciation charge on tangible fixed assets is based on management’s estimate of useful life. This is subject to uncertainty and reviewed by management at each reporting date.
2. DONATIONS, LEGACIES AND COLLECTIONS
| 2021 | 2020 | ||
|---|---|---|---|
| £ | £ | ||
| Donations | 119,240 | 127,401 | |
| Legacy | - | 1,000 | |
| Gift Aid | 13,684 | 23,236 | |
| Collections and other giving | 7,884 | 7,008 | |
| Grants | 4,325 | 12,010 | |
| _ | _ | ||
| £145,133 | £170,655 | ||
| _ | _ | ||
| 3. | OTHER TRADING ACTIVITIES | ||
| Fees | 8,128 | 7,429 | |
| Other activities | 26,231 | 17,200 | |
| ______ | ______ | ||
| £34,359 | £24,629 | ||
| ______ | ______ | ||
| 4. | INVESTMENT INCOME | ||
| Deposit Fund Income | 5 | 62 | |
| Other deposit account interest | 2 | 8 | |
| _____ | _____ | ||
| £7 _____ |
£70 _____ |
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BRAMSHOTT & LIPHOOK
PAROCHIAL CHURCH COUNCIL
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
(Continued)
5. CHARITABLE ACTIVITIES COSTS
| Grant funding | Church | |||
|---|---|---|---|---|
| Direct costs | of activities | activities | ||
| (see note 6) | (see note 7) | (see note 8) | Totals | |
| £ | £ | £ | £ | |
| Charitable | £110,002 _ |
£27,257 ______ |
£48,836 ______ |
£186,095 _ |
6. DIRECT COSTS RELATED TO WORK OF THE CHURCH
| 2021 | 2020 | ||
|---|---|---|---|
| £ | £ | ||
| Diocesan Parish Share | 77,874 | 80,293 | |
| Organist honorarium | 680 | 440 | |
| Cost of Services | 36 | 46 | |
| Ministry | 14,667 | 12,313 | |
| Centre Costs | 16,404 | 14,311 | |
| Outreach, education and training | 341 | 870 | |
| Food bank costs | - | 7,691 | |
| _ | _ | ||
| £110,002 | £115,964 | ||
| _ | _ | ||
| 7. | GRANTS PAYABLE | ||
| Charitable | £27,257 | £7,625 | |
| ______ | ______ | ||
| The total grants payable during the year was as follows: | |||
| Gospel Kingdom Associate | 1,500 | 2,375 | |
| Acorn Christian Foundation | 1,500 | 1,750 | |
| Papua Partners | 1,500 | 1,750 | |
| Starfish Asia | 1,750 | ||
| Liphook Food Bank | 21,757 | - | |
| N&T Baker | 1,000 | - | |
| ______ | ______ | ||
| £27,257 ______ |
£7,625 ______ |
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BRAMSHOTT & LIPHOOK
PAROCHIAL CHURCH COUNCIL
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
(Continued)
8. CHURCH ACTIVITIES
| Expenditure related to Church £ Governance Costs £ Charitable £47,408 __ £1,428 _ Church Activities, included in the above, are as follows: Expenditure related to Church 2021 £ Insurance 2,211 Church running expenses 21,932 Upkeep of Churchyard 7,922 Repairs and renewals 12,853 Depreciation of tangible fixed assets 3,918 £48,836 Governance costs Independent examination £1,428 9. STAFF COSTS, TRUSTEES’ REMUNERATION AND BENEFITS £ Gross wages 28,534 Employer’s national insurance costs - Employer’s pension contributions 521 _ £29,055 ____ |
Totals £ £48,836 __ 2020 £ 2,207 31,668 8,822 16,483 3,919 _ £63,099 £1,356 £ 34,499 - 473 _ £34,972 ____ |
|---|---|
The average number of employees was 3, the full time equivalent was 2 (2020: 5 and 2).
The key management personnel are defined as the Trustees. There were no trustees’ remuneration or other benefits for the year ended 31st December 2020. During the year one employee, N Bryant, became a trustee and continued to receive their normal salary for administrative and other roles for which they had already been engaged by the charity. Remuneration during this period when also acting as a trustee was a gross salary £10,387 and employer pension £202.
Trustees’ expenses
During the year ended 31st December 2020 £315 (2020: £160) of expenses were reimbursed to trustees which had been incurred on behalf of the charity. No other payments or expenses were made to any other PCC member, persons closely connected to them, or related parties.
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BRAMSHOTT & LIPHOOK
PAROCHIAL CHURCH COUNCIL
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
(Continued)
10. TANGIBLE FIXED ASSETS
| Ark £ Centre £ Link and Chapel £ COST At 1st January 2021 Additions 35,000 - __ 100,943 - _ 68,644 - At 31st December 2021 35,000 100,943 68,644 DEPRECIATION At 1st January 2021 17,826 24,929 18,203 Charge for the year 350 1,550 1,029 At 31st December 2021 18,176 26,479 19,232 NET BOOK VALUE At 31st December 2021 £16,824 £74,464 £49,412 At 31st December 2020 £17,174 £76,014 £50,441 ___ 11. DEBTORS Trade debtors Loan – The Ark Pre School Other debtors Prepayments |
Kitchenette £ Totals £ 19,805 - __ 224,392 - _ 19,805 _ 224,392 _ 1,980 62,938 990 3,919 2,970 66,857 £16,835 £157,535 £17,825 £161,454 2021 £ 2020 £ 1,809 1,057 5,021 9,017 2,712 2,201 395 3,471 £9,937 £15,746 ___ |
|---|---|
Included in the loan debtor is £1,025 (2020: £5,021) due after more than one year. The loan is interest free and repayable over sixty months by instalment.
| 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors 12,967 Loan 1,470 Other creditors 1,870 Accruals 7,282 __ £23,589 ____ |
543 5,880 943 15,287 __ 22,653 ____ |
|---|---|
The loan is interest free and repayable by instalment. The total liability of the loan at 31st December
2021 was £1.470 (2020-. £7,350).
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BRAMSHOTT & LIPHOOK
PAROCHIAL CHURCH COUNCIL
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2021
(Continued)
| 13. | CREDITORS: AMOUNTS FALLING DUE | CREDITORS: AMOUNTS FALLING DUE | |||||||
|---|---|---|---|---|---|---|---|---|---|
| AFTER MORE THAN ONE YEAR | |||||||||
| 2021 | 2020 | ||||||||
| £ | £ | ||||||||
| Loans | £ - | £1,470 | |||||||
| ______ | ______ | ||||||||
| 14. | MOVEMENT IN FUNDS | ||||||||
| 2021 | Net Movement | ||||||||
| At 01.01.21 | in Funds | At 31.12.21 | |||||||
| Unrestricted funds | 8,785 | 4,275 | 13,060 | ||||||
| Restricted funds | 191,925 | (10,871) | 181,054 | ||||||
| Endowment funds | 2,000 | - | 2,000 | ||||||
| _ | ______ | _ | |||||||
| Charitable | £202,710 | £(6,596) | £196,114 | ||||||
| _ | ______ | _ | |||||||
| Representedby | General | Designated | Restricted | Endowment |
Total | Total | |||
| Funds | Funds | Funds | Funds | 2021 | 2020 | ||||
| £ | £ | £ | £ | £ | £ | ||||
| Agency | (1,010) | (2,146) | (1,136) | ||||||
| General fund | 5,285 | 2,661 | 17,486 | 9,540 | |||||
| Funeral bier | 342 | 342 | |||||||
| Food Bank | (14,003) | - | 14,003 | ||||||
| Church Centre kitchen | 881 | 881 | |||||||
| War memorial | 24 | 24 | |||||||
| SMB excluding fabric | 40 | 79 | 39 | ||||||
| Youth | 6,000 | 6,704 | 704 | ||||||
| SMB boiler | (616) | 3,164 | 3,780 | ||||||
| Church Centre building | 58 | (2,113) | (2,171) | ||||||
| Buildings value | (2,929) | 146,761 | 149,690 | ||||||
| St Mary’s Fabric asset value | (990) | 17,825 | 18,815 | ||||||
| DIASO | 96 | 96 | |||||||
| Discretionary fund | 1,320 | 3,928 | 2,608 | ||||||
| SMB fabric | (2,412) | 369 | 2,781 | ||||||
| Halahan grave | 2,714 | 2,714 | |||||||
| ______ | ______ | ______ | ______ |
______ | _ | ||||
| £4,275 ______ |
£ - ______ |
£(10,871) _ |
£ - ______ |
£196,114 _ |
£202,710 _ |
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BRAMSHOTT & LIPHOOK
PAROCHIAL CHURCH COUNCIL
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2021 (Continued)
14. MOVEMENT IN FUNDS
| 2020 Unrestricted funds Restricted funds Endowment funds Charitable Representedby Agency General fund Funeral bier Food Bank Church Centre kitchen War memorial SMB excluding fabric Youth SMB boiler Church Centre building Buildings value St Mary’s Fabric asset value DIASO Discretionary fund SMB fabric Halahan grave |
At 01.01.20 Net Movement in Funds At 31.12.20 1,505 7,280 8,785 191,895 30 191,925 2,000 _ - __ 2,000 _ £195,400 _ £7,310 _ £202,710 _ General Funds £ Designated Funds £ Restricted Funds £ Endowment Funds £ Total 2020 £ Total 2019 £ (1,352) (1,136) 216 9,962 9,540 (422) 30 342 312 14,003 14,003 - (990) 881 1,871 (500) 24 524 (1,360) 39 1,399 728 704 (24) (932) 3,780 4,712 (1,775) (2,171) (396) (1,029) 149,690 150,719 - 18,815 18,815 - 96 96 1,865 2,608 743 (11,340) 2,781 14,121 - 2,714 2,714 _ £8,640 £(1,360) £30 _ £ - £202,710 _ £195,400 ____ |
|---|---|
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BRAMSHOTT & LIPHOOK
PAROCHIAL CHURCH COUNCIL
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2021 (Continued)
15. ANALYSIS OF ASSETS BETWEEN FUNDS
| 2021 | Unrestricted | Restricted | Endowment | 2021 Total |
|---|---|---|---|---|
| Funds | Funds | Fund | Funds | |
| £ | £ | £ | £ | |
| Tangible assets | - | 157,535 | - | 157,535 |
| Net Current assets | 13,060 | 23,519 | 2,000 | 38,579 |
| Long term liabilities | - | - | - | - |
| _ | _ | ______ | _ | |
| £13,060 | £181,054 | £2,000 | £196,114 | |
| _ | _ | _ | _ | |
| 2020 | Unrestricted | Restricted | Endowment | 2020 Total |
| Funds | Funds | Fund | Funds | |
| £ | £ | £ | £ | |
| Tangible assets | - | 161,454 | - | 161,454 |
| Net Current assets | 10,255 | 30,471 | 2,000 | 42,726 |
| Long term liabilities | (1,470) | - | - | (1,470) |
| _ | _ | ______ | _ | |
| £8,785 _ |
£191,925 _ |
£2,000 _ |
£202,710 _ |