## **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. - the 2022 budget have been discussed and agreed by the PCC. - no expenditure is reimbursed without receipts and a completed and duly authorised claim form. - 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. - online transactions require 2 signatures/authorizations and cheques over £200 require 2 signatures. - 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. - 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: 1. 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 records; 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 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. Page 10 **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. Page 11 ## **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
_____| Page 12 ## **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
______| Page 13 ## **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. Page 14 ## **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). Page 15 ## **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
_______| Page 16 ## **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
_______| |---|---| Page 17 ## **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
_______|