2021-12-31-accounts

Annual Report and Financial Statements for the Year Ended 31 December 2021

The Parochial Church Council Of The Ecclesiastical Parish Of Uxbridge

Charity registration number: 1128875

Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

Contents

Reference and Administrative Details	1 to 2
PCC members' Report	3to6
Independent Examiner's Report	7
Statement of Financial Activities	8
Balance Sheet	9
Notes to the Financial Statements	10 to 24
The following pages do not form part of the statutory financial statements:	25 to 28
St Margaret's Income and expenditure account	25
St Margaret's Balance Sheet	26
St Andrew's Income and expenditure account	27
StAndrew'sBalanceSheet	28

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

Reference and Administrative Details

PCC members The Rev Canon Andrew Studdert-Kennedy The Rev Tim Atkins The Rev Dr. June Hughman (resigned 30 April 2021) The Rev John Jenkins The Rev Tina Rapson Jackie Woodruff Janet Kerr Amin Amin Julie Churchyard Rodney Cottrell Carol Connolly Debbie Botes Lee Halford (resigned 9 May 2021) Sally Clargo Percival Botes James Wood Anne Atkins Amer Peters Jo Hyland Mick Benner Lara Seymour Kevin Ogilvie The Rev Canon Andy Thompson The Rev Erica Wilding Kay Lubbe (appointed 9 May 2021 and resigned 31 August 2021) Charity Registration 1128875 Number Principal Office The Parish Office, St Margaret's Church Windsor Street Uxbridge Middlesex UB8 1AB

Page 1

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

Reference and Administrative Details

Independent Examiner

Bankers

G W Schulz ACMA Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF HSBC PO Box 41 High Street Uxbridge Middlesex UB8 1BY Natwest Bank Plc 227-228 Intu Shopping Centre High Street Uxbridge Middlesex UB8 1LA CAF Bank 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ

Page 2

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

PCC members’ Report

The PCC members present the annual report together with the financial statements of the charity for the year ended 31 December 2021.

Objectives and activities

Objects and aims

The principal object of the charity is the advancement of the Christian faith.

Uxbridge PCC has the responsibility of promoting the whole mission of the church, pastoral, evangelistic, social and ecumenical through the two Churches in the Parish, St Andrew's and St Margaret's. The two Churches are working to the vision statement: to see people’s lives transformed in Uxbridge through knowing God's love and living Christ's way.

Public benefit

The PCC members confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Achievements and performance

Review of activities

The Churches have had a successful year, with the various sections of the Churches continuing to provide a good service to all their members, despite the Coronavirus pandemic. The Church services have been well attended and good contacts made with people in the local community. Online provision was introduced while the church buildings were closed and continued even when worship in person has been permitted. Members of the PCC are either ex officio or elected at the Annual Parochial Church Meeting in accordance with the Church Representation Rules : Incumbent Rev Canon Andrew Studdert-Kennedy Vicar at St Margaret's Rev Canon Andy Thompson Assistant Minister Rev June Hughman (resigned 30 April 2021) Curates Rev John Jenkins, Rev Tina Rapson, Rev Tim Atkins, Rev Erica Wilding

Parish Youth Worker James Wood Churchwardens Janet Kerr, Percy Botes, Rod Cottrell, Jackie Woodruff

Page 3

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

PCC members’ Report

Financial review

Policy on reserves

It is the PCC policy to maintain a balance on free reserves to cover the major financial risks. This is equivalent to £77,000. It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the year end is in excess of this target.

Principal funding sources

The Parish made a surplus in the year of £97,616 (2020 - deficit of £88,389), income increasing by £10,812 (2020 - decreasing by £90,669). Expenditure decreased in the year by £41,474 (2020 - decreased by £6,716).

The investments have increased in value by £229,303 (2020 - increased by £95,584) which has been included in the surplus as shown in the Statement of Financial Activities.

The finances of the Parish remain good with the Balance Sheet showing net assets of £2,716,864 and these Reserves are considered to be adequate for the future operating of the Parish. In addition to these financial activities, a great amount of time, the value of which is impossible to reflect in these financial statements, is donated by a large and diverse group of volunteers involved in every aspect of the work of the Church.

Plans for future periods

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.

Structure, governance and management

Nature of governing document

The Parish of Uxbridge was a charity excepted from registration with the Charity Commission as it is a parish church under the jurisdiction of the Church of England. It was registered as an independent charity on 30 March 2009 and given the Number 1128875.

There are two churches within the Parish, St Andrew's and St Margaret's.

Organisational structure

The Church is a well established church and is a Parish of the Church of England and generally follows their structure and management. The PCC Members are responsible for the operating of the Church and the Minister and Assistant Ministers are responsible for the spiritual growth of the Church. The principal risk areas to which the Parish is subject have been reviewed and the position is closely monitored.

Page 4

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

PCC members’ Report

Financial risk management

The PCC members have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.

Safeguarding

The PCC has complied with section 5 of the Safeguarding and Clergy Measure 2016 and adopted the safeguarding poilcies issued by the House of Bishops.

Page 5

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

PCC members’ Report

Statement of PCC members’ Responsibilities

The PCC members are responsible for preparing the PCC members' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The law applicable to charities requires the PCC members to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the PCC members are required to:

• e select suitable accounting policies and then apply them consistently;

• e observe the methods and principles in the Charities SORP;

• e make judgements and estimates that are reasonable and prudent;

• e state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• ¢ prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The PCC members are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The PCC members are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The annual report was approved by the PCC members of the charity on 20 April 2022 and signed on its behalf by:

The Rev Canon Andrew Studdert-Kennedy “Ss ~*~. (/™ Julie Churchyard

Page 6

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

Independent Examiner's Report to the trustees of The Parochial Church Council Of The Ecclesiastical Parish Of Uxbridge

I report to the charity PCC members on my examination of the accounts of the charity for the year ended 31 December 2021 which are set out on pages 8 to 24,

Respective responsibilities of PCC members and examiner

As the charity’s PCC members of The Parochial Church Council Of The Ecclesiastical Parish Of Uxbridge 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 The Parochial Church Council Of The Ecclesiastical Parish Of Uxbridge's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since The Parochial Church Council Of The Ecclesiastical Parish Of Uxbridge's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because Iam a member of the Chartered Institute of Management Accountants, which is one of the listed bodies. 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 Parochial Church Council Of The Ecclesiastical Parish Of Uxbridge as required by section 130 of the Act; or

• 2, the accounts do not accord with those records; or

• the accounts do not comply with the accounting 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 have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. G Wf4Schulz ACMA Independent Examiners Ltd

20 April 2022

Page 7

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

Statement of Financial Activities for the Year Ended 31 December 2021

		UnrestrictedRestricted	UnrestrictedRestricted	Endowment	Total	Total
		funds	funds	funds	2021	2020
Note		£	£	£	£	£
Income and Endowments from:
Donations and
legacies	2	185,354	-	-	185,354	185,584
Other trading
activities	3	48,513	~	10,668	59,181	51,428
Investment
income	4	5,988	910	39,067	45,965	42,676
Total income		239,855	910	49,735	290,500	279,688
Expenditure on:
Charitable
activities	5	421,434	753	-	422,187	463,661
Total expenditure		421,434	753	-	422,187	463,661
Gains/losses on
investment assets		32,403	4,390	192,510	229,303	95,584
Net
(expenditure)/income		(149,176)	4,547	242,245	97,616	(88,389)
Gross transfers
between funds		48,372	1,363	(49,735)	-	=
Net movement in
funds		(100,804)	5,910	192,510	97,616	(88,389)
Reconciliation of	funds
Total funds
brought forward		660,294	70,173.	1,888,781	2,619,248	2,707,637
Total funds
carriedforward	13	559,490	76,083	2,081,291	2,716,864	2,619,248

The notes on pages 10 to 24 form an integral part of these financial statements. Page 8

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

Balance Sheet as at 31 December 2021

		2021	2020
	Note	E	£.
Fixed assets
Tangible assets	10	484,887	484,887
Current assets
Debtors	11	28,898	15,421
Investments		1,913,851	1,483,658
Cash at bank and in hand		334,826	682,951
		2,277,575	2,182,030
Creditors: Amounts falling due within one year	12	(45,598)	(47,669)
Net current assets		2,231,977	2,134,361
Net assets		2,716,864	2,619,248
Funds of the charity:
Endowment funds		2,081,291	1,888,781
Restricted income funds
Restricted funds		76,083	70,173
Unrestricted income funds
Unrestricted funds		559,490	660,294
Totalfunds	13	2,716,864	2,619,248

The financial statements on pages 8 to 24 were approved by the PCC members, and authorised for issue on 20 April 2022 and signed on their behalf by:

wo Abe Sid wen co OPN 1. The Rev Canon Andrew Studdert-Kennedy Julie Churchyard Trustee Trustee

The notes on pages 10 to 24 form an integral part of these financial statements. Page 9

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

Notes to the Financial Statements for the Year Ended 31 December 2021

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with 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) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

The Parochial Church Council Of The Ecclesiastical Parish Of Uxbridge meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The PCC members consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Investment income

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Other income

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

Page 10

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

Notes to the Financial Statements for the Year Ended 31 December 2021

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.

Charitable activities

Charitable 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.

Grant provisions

Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.

Tangible fixed assets

Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

No depreciation is provided on freehold property as it is the PCC's policy to maintain these assets in a continual state of sound repair. The useful economic life of these assets is so long and residual values so high that any depreciation would not be material. These assets are subject to annual impairment reviews. Provision will be made if there has been any permanent diminution in value.

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate Freehold property Not material Coffee Shop equipment 25% on cost

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

Notes to the Financial Statements for the Year Ended 31 December 2021

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Liabilities

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Fund structure

Unrestricted income funds are general funds that are available for use at the PCC members' discretion in furtherance of the objectives of the charity. Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

Notes to the Financial Statements for the Year Ended 31 December 2021

2 Income from donations and legacies

			Unrestricted	Unrestricted
				funds	Total	Total
				General	2021	2020
				£	£	£
Donations and legacies;
Donations				148,306	148,306	150,338
Legacies				=	“	5,000
Gift aid reclaimed				32,748	32,748	30,246
Grants, including capital	grants;
Grants				4,300	4,300	~
			—_	185,354	185,354	185,584
3 Income from other	trading	activities
	Unrestricted
		funds	Endowment		Total	Total
		General		funds	funds	2020
		£		£	£	£
Trading income;
Other trading income		48,513		10,668	59,181	51,428
		48,513		10,668	59,181	51,428

4 Investment income

	Unrestricted
	funds	Restricted	Endowment	Total	Total
	General	funds	funds	2021	2020
	£	£	£	£	£
Income from
dividends;
Dividends and
interest	5,988	910	39,067	45,965	42,676

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

Notes to the Financial Statements for the Year Ended 31 December 2021

5 Expenditure on charitable activities

		Unrestricted	Unrestricted	funds	Restricted	Total	Total
		Designated	General		funds	2021	2020
	Note	£		£	£	£	£
Common fund		-	162,732		-	162,732	196,572
Ministry costs		224		5,782	“	6,006	4,181
Parish
expenses		-		31,164	-	31,161	37,454
Outreach		-		12	-	12	44
Computing		-		826	-	826	1,519
Consumables		-		395	-	395	490
Miscellaneous		-		2,385	753	3,138	2,253
Utilities		-		15,885	-	15,885	13,666
Repairs and
maintenance		-		85,203	-	85,203	69,264
Insurance				105219	-	10,219	10,279
Equipment		-		5,015	ss	5,015	5,225
Telephone		-		3,136	=	3,436	2,656
Printing, post
and stationery		-		1,985	=	1,985	2,123
Bank charges		-		166	~	166	102
Depreciation,
amortisation
and other
similar costs		-		-	-	-	1,754
Grant funding
of activities		-		15,248	-	15,248	13,190
Governance
costs	Pi	-		3,840	=	3,840	3,840
Staff costs	8	-		7,220	-	77,220	99,049
		224	421,210		753	422,187	463,661

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

Notes to the Financial Statements for the Year Ended 31 December 2021

6 Grant funding

		Unrestricted
		funds	Total	Total
		General	2021	2020
		£	£	£
Grants to institutions		15,248	15,248	13,190
		15,248	15,248	13,190
7	Governance costs
		Unrestricted
		funds	Total	Total
		General	2021	2020
		£	£	£
Independent examiner fees
	Examination of the financial statements	3,840	3,840	3,840
		3,840	3,840	3,840
8	Staff costs
The aggregate payroll costs were as follows:
			2021	2020
			£	£
Staff costs during the year were:
Wagesandsalaries			17220	99,049

The number of people (including senior management team) employed by the charity during the year was as follows:

during the year was as follows:
	2021		2020
	No		No
Employees		8		12

No employee received emoluments of more than £60,000 in either year.

The clergy are not employed by the Parish but are considered to be Office Holders. The payment of their stipends and related costs is facilitated by the national church. The Parish makes a contribution towards these costs through the Diocese of London Common Fund which amounted to £162,732 (2020 - £196,577).

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE Notes to the Financial Statements for the Year Ended 31 December 2021

9 PCC members remuneration and expenses

During the year, one or more PCC members has been paid remuneration or has received other benefits from an employment with the charity. The trustees received their remuneration for their roles within the church working among the children and as organist and not in their role as trustee. During the year the charity made the following transactions with PCC members: James Wood James Wood received remuneration of £28,385 (2020: £32,311). Lee Halford Lee Halford received remuneration of £720 (2020: £2,160). During the year ended 31 December 2021, expenses totalling £4,231 were reimbursed or paid directly to 9 PCC members (2020 - £4,962 to 7 PCC members).

No trustees have received any other benefits from the charity during the year.

Donations made by the PCC members without any conditions attached totalled £35,624 and £3,000 as exceptional donations for the year (2020 - £30,001).

10 Tangible fixed assets

10 Tangible fixed assets
		Furniture
	Land and	and
	buildings	equipment	Total
	£	£	£
Cost
At 1 January 2021	484,887	7,015	_491,902
At 31 December 2021	484,887	7,015	_491,902
Depreciation
At 1 January 2021	z	J Od	7,015
At 31 December 2021	-	7,015	7,015
Net book value
At 31 December 2021	484,887	-	484,887
At31December2020	484,887	-	484,887

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

Notes to the Financial Statements for the Year Ended 31 December 2021

11 Debtors

	2021	2020
	E	£
Trade debtors	20,523	7,266
Accrued income	4,328	1,333
Other debtors	4,047,	6,822
	28,898	15,421
12 Creditors: amounts falling due within one year
	2021	2020
	£	£
Other creditors	35,485	35,158
Accruals	10,113	12,511
	45,598	47,669

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

Notes to the Financial Statements for the Year Ended 31 December 2021

13 Funds

						Balance at
	Balance at				Other	31
	1 January	Incoming	Resources		recognised	December
Summary offunds - current year	2021 £	resources £	expended £	Transfers £	gains/ (losses) £	2021 £
Unrestricted funds
General	656,428	239,855	(421,210)	48,148	32,403	555,624
Designated	3,866	-	(224)	224	-	3,866
Total unrestricted funds	660,294	239,855	(421,434)	48,372	32,403	559,490
Restricted funds	70,173	910	(753)	1,363	4,390	76,083
Endowmentfunds	1,888,781	49,735	“	(49,735)	192,510	2,081,291
Totalfunds	2,619,248	290,500	(422,187)	.	229,303	2,716,864

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

Notes to the Financial Statements for the Year Ended 31 December 2021

						Balance at
	Balance at				Other	31
	1 January	Incoming	Resources		recognised	December
	2021	resources	expended	Transfers	gains/ (losses)	2021
Statement offunds - current year	£	£	£	£	£	£
Unrestricted funds
General
General Funds	656,428	239,855	(421,210)	48,148	32,403	555,624
Designated
Designated Funds	3,866	-	(224)	224	-	3,866
Total unrestricted funds	660,294	239,855	(421,434)	48,372	32,403	559,490
Restricted funds
Bell Fund	995	1	=		m	996
Hilton Sunday School	243	-	7	-	-	243
Harman's Gift Fund	24,883	12	-	(1,085)	-	23,810
Father Home Memorial Fund	12,763	7	-	1,363	-	14,133
Rector's Discretionary Fund	607	-	-	-	as	607
Bell Ringers’ Guild	576	=	-	=	=	576
Windsor Street Jubilee Party	301	-	7	-	7	301
Combined Harman's Gift Fund	28,716	890	*	1,085	4,390	35,081
Spark Fund	1,089	-	(753)	oz	2	336
	7O,1735	910	(753)	1,363	4,390	76,083

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

Notes to the Financial Statements for the Year Ended 31 December 2021

						Balance at
	Balance at				Other	31
	1 January	Incoming	Resources		recognised	December
	2021	resources	expended	Transfers	gains/(losses)	2021
Statement offunds - current year	£	£	£	£	£	£
Endowment funds
St Peter's Investment	404,541	14,233	rm	(14,233)	57,871	462,412
St Peter's House	359,950	=	=	=	-	359,950
84 Harefield Road	124,937	1,500	-	(1,500)	=	124,937
Caroline Trevor Deposit	58,181	30	-	(30)	-	58,181
Caroline Trevor Investments	894,173	32,609	-	(32,609)	127,916	1,022,089
Father Home Memorial Fund	46,999	1,363	-	(1,363)	6,723	53,722.
	1,888,781	49,735	“	(49,735)	192,510	2,081,291
Totalfunds	2,619,248	290,500	(422,187)	-	229,303	2,716,864

Page 20

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

Notes to the Financial Statements for the Year Ended 31 December 2021

						Balance at
	Balance at				Other	31
	1 January	Incoming	Resources		recognised	December
	2020	resources	expended	Transfers	gains/ (losses)	2020
Summary offunds - prior year	£	£	£	£	£	£
Unrestricted funds
General	725,488	219,994	(461,114)	170,156	1,904	656,428
Designated	26,362	58	(1,945)	(20,609)	7	3,866
Total unrestricted funds	751,850	220,052	(463,059)	149,547	1,904	660,294
Restricted funds	66,039	1,444	(602)	12317	1,975	70,173
Endowment funds	1,889,748	58,192	=	(150,864)	91,705	1,888,781
Totalfunds	2,707,637	279,688	(463,661)	-	95,584	2,619,248

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

Notes to the Financial Statements for the Year Ended 31 December 2021

						Balance at
	Balance at				Other	31
	1 January	Incoming	Resources		recognised	December
P Statement offunds -prior year	2020 £	resources £	expended £	Transfers E	gains/(losses) £	2020 £
Unrestricted funds
General
General Funds	725,488	219,994	(461,114)	170,156	1,904	656,428
Designated
Designated Funds	26,362	58	(1,945)	(20,609)	5	3,866
Total unrestricted funds	751,850	220,052	(463,059)	149,547	1,904	660,294
Restricted funds
Bell Fund	991	4	-	-	-	995
Hilton Sunday School	243	-	-	-	=	243
Harman's Gift Fund	21,954	94	-	860	1,975	24,883
Father Home Memorial Fund	11,396	50	-	1,317	-	12,763
Rector's Discretionary Fund	606	1	-	-	-	607
Bell Ringers’ Guild	529	47	-	-	-	576
Windsor Street Jubilee Party	301	-	-	-	-	301
Combined Harman's Gift Fund	28,716	860	-	(860)	-	28,716
Spark Fund	1,303	388	(602)	<	-	1,089
Total restricted funds	66,039	1,444	(602)	1,347	1,975	70,173
		Page22

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

Notes to the Financial Statements for the Year Ended 31 December 2021

						Balance at
	Balance at				Other	34
	1 January	Incoming	Resources		recognised	December
SiziementoFfundsproryear	2020	resources	SSpenene	Transfers	ganna asses)	_—
Endowment funds
E H Green Investments	40,220	1,204	-	(43,722)	2,298	=
St Andrew's Church Hall Investments	47,333	1,417	-	(51,571)	2,821	-
St Peter's Investment	378,512	17,327	-	(17,327)	26,029	404,541
St Peter's House	359,950	-	-	-	-	359,950
84 Harefield Road	124,937	m	=	=	-	124,937
Caroline Trevor Deposit	58,181	247	-	(247)	-	58,181
Caroline Trevor Investments	836,640	36,680	-	(36,680)	57,/D33	894,173
Father Home Memorial Fund	43,975	L317	=	(1,317)	3,024	46,999
Total endowment funds	1,889,748	98,192	=	(150,864)	91,705	1,888,781
Totalfunds	2,707,637	279,688	(463,661)	=	95,584	2,619,248

Page 23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

Notes to the Financial Statements for the Year Ended 31 December 2021

14 Analysis of net assets between funds

					Total
					funds at
					31
	Unrestricted funds		Restricted	Endowment	December
	General	Designated	funds	funds	2021
	£	£	£	£	£
Tangible fixed assets	~	-	-	484,887	484,887
Current assets	601,222	3,866	76,083	1,596,404	2,277,575
Current liabilities	(45,598)	_	-	7	(45,598)
Total net assets	555,624	3,866	76,083	2,081,291	2,716,864
					Total
					funds at
					31
	Unrestricted funds		Restricted	Endowment	December
	General	Designated	funds	funds	2020
	£	£	£	£	£
Tangible fixed assets	-	-	-	484,887	484,887
Current assets	704,098	3,866	70,173	1,403,894	2,182,031
Current liabilities	(47,670)	-	=	=	(47,670)
Totalnetassets	656,428	3,866	70,173	+1,888,781	2,619,248

Page 24

THE PAROCHIAL CHURCH OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

ST MARGARET'S: INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2021

	General	Designated	Restricted	Endowment	Total	Total
	Funds	Funds	Funds	Funds	2021	2020
	£	£	£	£	£	£
INCOMING RESOURCES
Donations
Stewardship Giving	124,992				124,992	116,258
General Collections	4,652				4,652	4,839
Donations	7,463				7,463	20,518
Grants	4,300				4,300	-
Legacies					:	5,000
	141,407	:	.	”	141,407	146,615
Activities for generating funds
Oasis Coffee Shop					-	5,000
Room Hire	840				840	1,415
Rent received				8,171	8,171	11,632
Fees	821				821	222
Miscellaneous income	116				116	364
Bellringers' income for year					=	47
	1,777	:	0	8,171	9,948	18,680
Investment Income
Interest and Dividends	5,987		909	27,332	34,228	28,559
	5,987	-	909	27,332	34,228	28,559
Other Incoming Resources
St Andrew's contribution to Parish Costs	24,305				24,305	2137/3.
	24,305	-	-	-	24,305	21,373
Total incoming resources	173,476	-	909	35,503	209,888	215,227
RESOURCES EXPENDED
Grants payable - institutional
Tithes	6,239				6,239	6,925
Donations out	1,310				1,310	3,573
	7,549	-	-	-	7,549	10,498
Direct costs of charitable activities
Outreach Pastoral Workers Salaries - Coffee shop	0 0				is) ie)	15,379 4,158
Salaries - Worship	14,410				14,410	£1,777
Salaries - Youth and children	28,385				28,385	32,890
Cleaning	3,528				3,528	4,645
Clergy expenses	2,164				2,164	668
Coffee shop costs	0				0	1,383
Common fund	110,987				110,987	131,482
Computing Consumables	826 395				826 395	1,519 490
Home groups	0				0	302
Organist	80				80	486
Other music	1,894				1,894	1,413
Parish shared expenses	22,148				22,148	10,154
St Margaret's Parish expenses	2,766				2,766	1,129
Pastoral care	186				186	15
Sacristry	177				177	40
Sunday School and Messy Church	480				480	136
Town Centre / Oasis ministry	12				12	44
Tracts	300				300	300
Training	13				13	288
Youth work	2,419				2,419	1,274
Publicity Depreciation of coffee shop equipment	795 191,965	(")	-	-	795 ie} 191,965	1,234 1,754 222,960
Support costs
Administrators’ salaries	25,954				25,954	25,397.
Electricity Equipment	2,554 $,015				2,554 5,015	1,732 5,225
Gas	6,407				6,407	4,133
Insurance	5,330				5,330	5,372
Repairs and maintenance	8,622				8,622	14,125
Repairs to Lantern Window	61,294				61,294	-
Water	1,520				1,520	824
Stationery	280				280	363
Telephone	3,136				3,136	2,656
Bank charges	166				166	102
Photocopying	1,499				1,499	1,520
Postage	205				205	240
Upkeep of houses	5,662				5,662	764
	127,644	-	-	-	127,644	62,453
Governance costs - Other
Independent examiner's fees	3,840				3,840	3,840
	3,840	:	:	:	3,840	3,840
Total resources expended	330,998	(0)	-	-	330,998	299,751
Net income/(deficit)	(157,522)	(*)	909	35,503	(121,110)	(84,524)
Unrealised gains on investments	32,403		4,390	134,639	171,432	64,436
Transfers between funds	34,140		1,363	(35,503)	=	-
Netmovementinfundsfortheyear	(90,979)	0	6,662	134,639	50,322	(20,088)

Page 25

THE PAROCHIAL CHURCH OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

ST MARGARET'S: BALANCE SHEET AS AT 31 DECEMBER 2021

		2021		2020
		£		£
FIXED ASSETS
Freehold property
84 Harefield Road	124,937		124,937
St Peter's House	239,967		239,967
	364,904		364,904
Coffee shop equipment	=		-
		364,904		364,904
CURRENT ASSETS
Cash at bank and in hand
Bank Current Account - NatWest	-		“s
Bank Deposit account - NatWest	7,413		37,598
Bank account - CAF	59,040		390,193
Bank Caroline Trevor Trust	58,180		58,180
Bank Discretionary deposit fund	109,039		83,023
Bank Harman's Gift fund	23,810		22,908
Bank Father Home Memorial Fund	14,133		12,763
Bank Rector's discretionary fund	607		607
Bank Legacy fund	5,146		100
Cash in hand	180		425
Bank Bellringers' Guild	576		576
Windsor St Jubilee Party	301		301
	278,425		606,674
Investment accounts
Caroline Trevor investment a/c	1,022,089		894,174
Harman's Gift investment a/c	35,080		30,690
Father Home Mem Fund inv a/c	53,721		46,998
Legacy Fund inv a/c	340,548		107,256
	1,451,438		1,079,118
Debtors and prepayments
Debtors	20,523		7,266
Amount due from St Andrew's	26,213		33,681
	46,736		40,947
Total current assets		1,776,599		1,726,739
CURRENT LIABILITIES
Creditors and accrued charges
Accruals	10,113		12,096
Amount due to St Andrew's	1,997		798
Clergy House redecoration	1,000		1,000
Tithe account	30,010		29,685
Young Persons Mission Fund	4,475		4,475
		(47,595)		(48,054)
Net assets		2,093,908		2,043,589
FUNDS
General funds		516,977		596,328
Designated funds		3,528		3,528
Restricted funds		74,508		67,845
Endowment funds		1,498,895		1,375,888
		2,093,908		2,043,589

Page 26

THE PAROCHIAL CHURCH OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

ST ANDREW'S: INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2021

	General	Designated	Restricted	Endowment	Total	Total
	Funds	Funds	Funds	Funds	2021	2020
	£	£	£	£	£	£
INCOMING RESOURCES
Donations
Covenants and Pledged Donations	31,081				31,081	29,233
Donations	3,324				3,324	770
Tax refunds	8,706				8,706	7,666
Loose plate	7S				715	1,210
Occasional service collection	121				121	90
	43,947	-	-	-	43,947	38,969
Activities for generating funds
Car park income	9,101				9,101	8,132
Charity income	495				495	209
Coffee income	*				=	26
Telecommunication income	19,574				19,574	10,000
Rent received				2,497	2,497	5,995
Hall income	9,349				9,349	3,195
Magazine	=				-	LF.
Miscellaneous income	199				199	479
PCC fees	2,168				2,168	308
St Peter's income	5,850				5,850	4,388
	46,736	-	-	2,497	49,233	32,749
Investment Income
Interest and Dividends			1	11,735	11,736	14,116
	-	-	1	11,735	11,736	14,116
Total incoming resources	90,683	-	1	14,232	104,916	85,834
RESOURCES EXPENDED
Grants payable - institutional
Charity payments	7,699				7,699	2,692
	7,699	-	-	-	7,699	2,692
Direct costs of charitable activities
Wages - Organist and Choir	2,240				2,240	2255
Wages - Cleaning	2,702				2,702	2,548
Common fund	51,745				51,745	65,090
Clergy expenses	719				719	530
Emily Green expenditure		224			224	191
Flower fund expenses	-				-	127
Joint parish expenses	25,489				25,489	21,651
Miscellaneous	2,385		783		3,138	2,255:
Organ and clock	246				246	20,627
Musical instruments, etc	43				43	54
Upkeep of services - sacristy	1,328				1,328	1,005
	86,897	224	753	:	87,874	116,333
Support costs
Hall expenses	7,842				7,842	1,858
Insurance	4,888				4,888	4,907
Minor work	1,786				1,786	13,375
Car park expenses	-				-	22,529
Spire lighting project Utilities	= 5,403				ss 5,403	16,614 6,976
	19,919	:	:	-	19,919	66,259
Total resources expended	114,515	224	753	=	115,492	185,284
Net income/ (deficit)	(23,832)	(224)	(752)	14,232	(10,576)	(99,450)
Realised & unrealised gains/(losses) on
investments				57,871	57,871	31,149
Transfers between funds	14,008	224		(14,232)	-	-
Netmovementinfundsfortheyear	(9,824)	-	(752)	57,871	47,295	(68,301)

Page 27

THE PAROCHIAL CHURCH OF THE ECCLESIASTICAL PARISH OF UXBRIDGE

ST ANDREW'S: BALANCE SHEET AS AT 31 DECEMBER 2021

		2021		2020
		£		£
FIXED ASSETS
Freehold property
St Peter's House		119,983		119,983
CURRENT ASSETS
Cash at bank and in hand
Bank current account	54,558		74,437
Bank Soup Kitchen account	14		14
Bank Bell Fund deposit	995		995
Bank Emily Green deposit	176		176
Bank Fabric Fund deposit	163		163
Bank Hilton Sunday School Bequest	243		243
Bank St John's Hall Trust	193		193
Bank St Peter's deposit	57		57
	56,399		76,278
Investment accounts
Emily Green investment a/c	-		-
St Andrew's Church Hall investment a/c	>		a
St Peter's investment a/c	462,413		404,541
	462,413		404,541
Debtors and prepayments
Tax refund due	4,328		1,333
Other debtors	4,046		6,821
St Margaret's	1,997		798
	10,371		8,952
Total current assets		529,183		489,771
CURRENT LIABILITIES
Creditors and accrued charges
Accruals	=		416
Amount due to St Margarets	26,213		33,681
		26,213		34,097
Net assets		622,953		575,657
FUNDS
General funds		38,644		48,467
Designated funds		339		339
Restricted funds		1,574		2,326
Endowment funds		582,396		524,525
		622,953		575,657

Page 28