##
##
##
|||||Page|
|---|---|---|---|---|
|Reference and administrative||details ofthe Charity, its Members|and advisers|1-2|
|Annual
report||||3-12|
|Members'
responsibilities|statement|||13|
|Independent
examiner's|report||||
|Statement offinancial
activities||||15|
|Balance sheet||||16|
|Statement ofcash flows||||17|
|Notes to the financial statements||||18-38|
##
##
|Members|of the|PCC|are ex officio, elected|by the Annual
Parochial|by the Annual
Parochial|Church|Meeting|(APCM), or co-opted|by|
|---|---|---|---|---|---|---|---|---|---|
|decision ofthe PCC. During the year, the following
served as members||||||ofthe|PCC:|||
|Incumbent:||||Revd Will Hunter Smart||(Chairman)||||
|St Nicolas' Ordained|||&Licensed Staff:|Revd Joy Mawdesley|(Associate||Rector)|||
|||||Revd Janice Macdonald||(Associate Minister)||||
|||||Revd Jackie Fountain|(Curate)|||||
|Churchwardens:||||Tania Wolak||||||
|||||Richard Coward||||||
|Treasurer:||||James Lancaster||||||
|Secretary:||||Chris Philip||||||
|Member ofthe General Synod||||Graham Caskie (retired July 2021)||||||
|||||Revd Joy Mawdesley|(elected October 2021)|||||
|Representatives||on the Deanery Synod||||||||
|(All elected until||2023)||Mark Knight||||||
|||||Helen Dean||||||
|||||Chris Davis||||||
|||||Chris Philip||||||
|||||Samantha
Mullender||||||
|||||Philip Davis (PCC Lay|Vice Chair)|||||
|Elected Members (12)||||||||||
|Elected until 2022||||Jonathan
South||||||
|||||Rebecca Bird||||||
|||||Nigel Freeman||||||
|Elected until 2023||||James Lancaster (Treasurer)||||||
|||||Vivien Staunton||||||
|||||Sharon Coward||||||
|Elected until 2024||||Dawn Aldridge||||||
|||||Andy Laidler||||||
|||||Peter Bradley||||||
|||||Joanna Lazarus||||||
|||||Tristan Device||||||
|||||Suzanne Lees||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||FOR T|HE YEA|R ENDED 31 DE|CEMBER 2021|||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Note|2021
6|2021f|2021f|2020|
|Income from:|||||||
|Donations
and legacies|||372,635|41,770|414,405|415,740|
|Charitable
activities|||19,08'I|13,395|32,476|19,365|
|Other trading
activities|||29,172|801|29,973|16,940|
|Investments|||2,191||2,191|3,950|
|Other income||||1,630|1,630|3,038|
|Total income|||423,079|57,596|480,675|459,033|
|Expenditure
on:|||||||
|Raising funds||9|8,986|13|8,999|8,271|
|Chaditable
activities||10|380,859|62,096|442,955|455,056|
|Total expenditure|||389,845|62,109|451,954|463,327|
|Net income/(expenditure)|before net||||||
|gains on investments|||33,234|(4,5'l3)|28,721|(4,294)|
|Net gains on investments||||||177|
|Net incomei(expenditure)|||33,234|(4,513)|28,721|(4,117)|
|Net movement
in funds|||33,234|(4,513)|28,721|(4,117)|
|Reconciliation
offunds:|||||||
|Total funds brought
forward|||471,964|446,904|918,868|922,985|
|Net movement
in funds|||33,234|(4,513)|28,721|(4,117)|
|Total funds carried forward|||505,198|442,391|947,589|918,868|
##
##
##
||FOR TH|E|YEAR ENDED 31 DECEMB|ER 2021|||
|---|---|---|---|---|---|---|
||||||2021|2020|
|||||Note|6|6|
|Cash flows from operating|activities||||||
|Net cash (used in)/provided|by operating|activities||24|54,771|(1,289)|
|Cash flows from investing|activities||||||
|Interest|||||2,191|3,950|
|Purchase oftangible
fixed assets|||||(5,423)||
|Proceeds from sale of investments||||||6,561|
|Net cash (used in)/provided|by investing||activities||(3,232)|10,511|
|Change
in cash and cash|equivalents|in|the year||51,539|9,222|
|Cash and cash equivalents|at the beginning||ofthe year||429,704|420,482|
|Cash and cash equivalents|at the end|of|the year|25|481,243|429,704|
|The notes on pages 18to 38form part ofthese financial statements|||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2021|2021|2021|2020|
||6|6|E|6|
|Stewardship|288,667||288,667|275,923|
|Legacies|500||500||
|Offertories|1,521||1,521|2,556|
|Income Tax recoverable|68,704|518|69,222|67,561|
|Donations|13,243|41,252|54,495|69,700|
||372,635|41,770|414,405|415,740|
|Total 2020|370,265|45,475|415,740||
##
##
##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2021|2021|2021|2020|
||||6|8|6|8|
|Church|family events||13,743||13,743||
|Income|from youth work and activities||29||29|469|
|Alpha||||||50|
|Town Team||||707|707|15|
|Weddings||and funerals|5,161||5,161|6,089|
|Discipleship||||||77|
|PRS|||148||148|370|
|St Nic's|Kids|||||283|
|CAP DCM||||12,000|'I2,000|11,600|
|Hidden|Treasures|||688|688|412|
||||19,081|13,395|32,476|19,365|
|Total 2020|||7,338|12,027|19,365||
##
##
##
##
##
|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2021
5|2021f|2021
6|2020f|
|Hall lettings||21,833||21,833|6,893|
|Braunfels|walk rent||||5,187|
|Newbury|Spring Festival|6,089||6,089||
|Bellringers|||47|47|189|
|Women's|events||754|754|665|
|Other||1,250||1,250|4,006|
|||29,172|801|29,973|16,940|
|Total 2020||16,086|854|16,940||
##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021|2020|
|||6|E|6|
|Interest received||2,191|2,191|3,950|
|Total 2020||3,950|3,950||
|In 2020 all ofthe income was to unrestricted|funds,||||
##
##
##
|||Restricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021|2020|
|||E|6|6|
|Government|grants|1,630|1,630|3,038|
|Total 2020||3,038|3,038||
|In 2020 all ofthe income was to restricted funds.|||||
##
|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2021f|2021
6|2021
E|2020
E|
|St Nicolas' House||2,607||2,607|3,828|
|Braunfels walk||6,340||6,340|4,443|
|Online Payment|Plafform fees|39|13|52||
|||8,986|13|8,999|8,271|
|Total2020||8,271||8,271||
##
##
##
##
|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2021|2021|2021|2020|
|||6|6|6|6|
|Charitable|activities - other activities|343,023|62,096|405,119|418,920|
|Charitable|activities - grants|37,836||37,836|36,136|
|||380,859|62,096|442,955|455,056|
|Total 2020||389,367|65,689|455,056||
##
||||||Total|Total|
|---|---|---|---|---|---|---|
|||Staff costs|Depreciation|Other costs|funds|funds|
|||2021|2021|2021|2021|2020|
|||6|F|F|6|6|
|Chadtable|activities - other||||||
|activities||102,858|24,817|277,444|405,119|418,920|
|Charitable|activities - grants|||37,836|37,836|36,136|
|||102,858|24,817|315,280|442,955|455,056|
|Total 2020||119,057|24,730|311,269|455,056||
##
##
##
##
|Charitable
activ|ities|- Other activities|||
|---|---|---|---|---|
||||2021|2020|
||||F|5|
|Parish share|||166,402|168,083|
|Church
running|expenses||45,123|56,564|
|Church
family event|||16,753|80|
|Ministry staff|||34,566|46,773|
|Youth department|||758|924|
|Clergy and staff|expenses||5,224|6,476|
|Organist,
choir and organ|||3,930|2,076|
|Collections
for charities|||15,742|10,955|
|Reordering costs||||1,875|
|Welcome|||239|424|
|Evangelism
and|discipleship||2,375|537|
|Bellringers|||114|240|
|Pastoral care|||217|471|
|St Nic's Kids|||606|2,107|
|Services|||134|430|
|Town Team|||621|1,139|
|Weddings
and funerals|||3133|3,946|
|Bursaries|||356||
|Women's
events|||809|1,213|
|CAP DCM|||11,053|11,066|
|CAP Blessings|||367|90|
|Meet Monday||||331|
|Hidden Treasures|||758|1,982|
|Memorial
garden||||44|
|Rector's discretionary||fund||262|
|Youth Alpha|||201||
|Support costs|||95,638|100,832|
||||405119|418920|
##
##
##
|Included
in|charitable
activities are the following
s|upport costs:||
|---|---|---|---|
|||2021f|2020
5|
|Stationery
and advertising||3,358|3,457|
|Telephones|and IT|7,242|6,751|
|Postage||1,009|2,208|
|Printing||2,354|2,436|
|Office salaries||48,589|52,617|
|Depreciation||24,817|24,730|
|Other costs||1,527|1,689|
|Copyright/licences||1,497|1,723|
|Governance|costs|5,245|5,221|
|||95,638|100,832|
##
##
##
|The Charity has ma|de th|e following
material
grants to in|stitutions
during the year:||
|---|---|---|---|---|
||||2021|2020|
||||E|F|
|COINS|||8,000|10,000|
|Shoemakers|||1,500|1,500|
|Bible Society|||500|1,000|
|Mark & Ruth Zealey|||2,000|4,200|
|Miriam Dean Fund|||2,000|2,000|
|FHAM|||7,500||
|Newbury
YMCA|||5,000|5,000|
|SAT-7|||1,000|1,250|
|Bus ofHope|||1,000|1,000|
|Hawkridge
Distillers|Ltd|||1,000|
|Biojemmss Organisation||UK|3,000|3,000|
|P &C Winmig|||2,500|2,500|
|Newbury
Street Pastors||||1,000|
|St Lawrence's,
Hungerford||||436|
|Other|||3,836|2,250|
||||37,836|36,136|
##
##
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||5|5|
|Fees payable|to the Charity's|independent||examiner|for the independent|||
|examination|ofthe Charity's|annual|accounts|||3,930|3,870|
|Fees payable|to the Charity's|independent||examiner|in respect of:|||
|Payroll services||||||1,315|1,351|
##
||||||2021f|2020f|
|---|---|---|---|---|---|---|
|Wages and|salaries||||96,052|110,482|
|Social security costs|||||5,312|6,670|
|Pension costs|||||1,494|1,905|
||||||102,858|119,057|
|The average|number of|persons employed|by|the Charity|during the year was as follows:||
||||||2021|2020|
||||||No.|No.|
|||||||10|
|The average|headcount|expressed as full-time||equivalents|was:||
||||||2021|2020|
||||||No.|No.|
##
##
##
##
||Freehold|Fixtures 6||
|---|---|---|---|
||property|fittings|Total|
||6|6|6|
|Cost or valuation||||
|At 1 January 2021|507,844|228,509|736,353|
|Additions||5,423|5,423|
|At 31 December 2021|507,844|233,932|741,776|
|Depreciation||||
|At 1 January 2021|128,747|120,096|248,843|
|Charge for the year|7,721|17,096|24,817|
|At 31 December 2021|136,468|137,192|273,660|
|Net book value||||
|At 31December 2021|371,376|96,740|468,116|
|At 31 December 2020|379,097|108,413|487,510|
##
|||2021|2020|
|---|---|---|---|
|||6|E|
|Due within one year||||
|Other debtors||23,994|22,750|
|Prepayments|and accrued income|2,759|4,053|
|||26,753|26,803|
##
##
##
|||2021|2020|
|---|---|---|---|
|||F|6|
|Other creditors||16,984|8,860|
|Accruals and deferred|income|6,539|6,289|
|Grants accrued||5,000|5,000|
|||28,523|20,149|
##
##
##
##
##
|Statement offunds|- current year|||||
|---|---|---|---|---|---|
||||||Balance at|
|||Balance at 1|||31|
|||January|||December|
|||2021|Income|Expenditure|2021|
|||6|6|6|6|
|Unrestricted
funds||||||
|General Funds - all|funds|471,964|423,079|(389,845)|505,198|
|Restricted funds||||||
|Property||373,214||(7,596)|365,618|
|Sound system||16,218||(4,141)|12,077|
|Choir and worship -|legacy|2,211|||2,211|
|Morden College||5,452|||5,452|
|Church funds||12,939|26,000|(16,793)|22,146|
|Schneider
memorial||4,525|||4,525|
|Church projection system||9,615||(1,390)|8,225|
|Collections for charities|||15,755|(15,755)||
|CAP DCM||2,395|12,000|(11,915)|2,480|
|CAP Blessings||7,410||(367)|7,043|
|Other miscellaneous|funds|12,925|3,841|(4,152)|12,614|
|||446,904|57,596|(62,109)|442,391|
|Total offunds||918,868|480,675|(45'I,954)|947,589|
##
##
##
##
|Statement offunds|- prior ye|ar|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at||||31|
|||1 January|||Gains/|December|
|||2020
6|Income
f|Expenditure
E|(Losses)
6|2020
6|
|Unrestricted
funds|||||||
|General Funds - all|funds|471,963|397,639|(397,638)||471,964|
|Restricted funds|||||||
|Property||380,811||(7,597)||373,214|
|Sound system||20,360||(4,142)||16,218|
|Choir and worship -|legacy|2,211||||2,211|
|Morden College||5,452||||5,452|
|Church funds||2,503|26,000|(15,564)||12,939|
|Schneider memorial||4,525||||4,525|
|Investments||6,384||(6,561)|177||
|Church
projection system||11,004||(1,389)||9,615|
|Collections for charities|||10,955|(10,955)|||
|CAP DCM||2,279|11,600|(11,484)||2,395|
|CAP Blessings|||7,500|(90)||7,410|
|Other miscellaneous|funds|15,493|5,339|(7,907)||12,925|
|||451,022|61,394|(65,689)|177|446,904|
|Total offunds||922,985|459,033|(463,327)|177|918,868|
##
##
##
##
##
##
##
##
##
##
##
|Summary|offunds - current yea|r|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||||Balance at 1|||31|
||||January|||December|
||||2021|Income|Expenditure|2021|
||||6|5|E|F|
|General funds|||471,964|423,079|(389,845)|505,198|
|Restricted|funds||446,904|57,596|(62,109)|442,391|
||||918,868|480,675|(451,954)|947,589|
|Summary|offunds - prior year||||||
|||||||Balance at|
|||Balance at||||31|
|||1 January|||Gains/|December|
|||2020|Income|Expenditure|(Losses)|2020|
|||5|5|E|6|8|
|General funds||471,963|397,639|(397,638)||471,964|
|Restricted|funds|451,022|61,394|(65,689)|177|446,904|
|||922,985|459,033|(463,327)|177|918,868|
##
|Analysis|ofn|et assets between funds - cur|rent year|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2021
E|2021|2021f|
|Tangible|fixed|assets|81,024|387,092|468,116|
|Current|assets||446,182|61,814|507,996|
|Creditors|due|within one year|(22,008)|(6,515)|(28,523)|
|Total|||505,198|442,391|947,589|
##
##
##
##
||||||||||||Unrestricted|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||funds|funds|funds|
|||||||||||||2020|2020|2020|
|||||||||||||6|6|5|
||Tangible fixed|assets||||||||||87,124|400,386|487,510|
||Current assets|||||||||||407,138|49,369|456,507|
||Creditors due|within|one year|||||||||(17,298)|(2,851)|(20,149)|
||Creditors due|in more than one|||year|||||||(5,000)||(5,000)|
||Total|||||||||||471,964|446,904|918,868|
|24.|Reconciliation|of net movement||||in funds||to|net|cash flow|from|operating|activities||
||||||||||||||2021
6|2020f|
||Net
income/expenditure
for||||the|year|(as||per|Statement|of|Financial|||
||Activities)||||||||||||28,721|(4,117)|
||Adjustments|for:|||||||||||||
||Depreciation
charges||||||||||||24,817|24,730|
||(Gains)/losses|on investments||||||||||||(177)|
||Interest||||||||||||(2,191)|(3,950)|
||Decrease
in debtors||||||||||||50|6,493|
||Increase/(decrease)||in creditors||||||||||3,374|(24,268)|
||Net cash provided||by/(used|in) operating||||activities|||||54,771|(1,289)|
|25.|Analysis ofcash and cash equivalents||||||||||||||
||||||||||||||2021|2020|
||||||||||||||6|6|
||Cash in hand||||||||||||181,935|174,536|
||Notice deposits (less||than 3months)||||||||||299,308|255,168|
||Total cash and cash equivalents||||||||||||481,243|429,704|
##
##
##
##
##
##
##