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funds|-|general|15||68,161||67,546| |Unrestricted
funds|-|designated|16||1,699,121||1,789,681| ||||||1,785,501||1,880,066| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||2021|2020f| |---|---|---|---| |Charitable|rental income|21,800|24,550| |Other income||807|578| |||22,607|25,128| |Analysis
by fund|||| |Unrestricted|funds - general|1,227|4,018| |Unrestricted|funds - designated|20,700|20,965| |Restricted|funds|680|145| |||22,607|25,128| ## ||||Unrestricted|Restricted|Total|Unrestricted|Restricted|| |---|---|---|---|---|---|---|---|---| ||||funds|funds||funds|funds|| ||||general|||general||| ||||2021
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SUNDAY CLUB|||451|352| ||CROSSROADS|||650|1,700| ||DOS SANTOS/SGM||LIFEWORDS|1,500|2,700| ||ECM DELAMEILLEURE|||2,700|2,050| ||EMBRACE|||350|900| ||FAITH
IN KIDS||||1,000| ||FIRMFOUNDATION|||1,450|1,000| ||GLOBAL CARE||||2,450| ||GROWING YOUNG DISCIPLES||||1,000| ||HAWKE INTERSERVE|||14,988|12,562| ||HOME MISSION|||7,800|7,800| ||INTERSERVE|||150|| ||KISIIZI HOSPITAL|||900|| ||LBA|||650|| ||LCM|||75|| ||LILY|||2,500|1,900| ||LISKEARD PCC - CAP|||1,000|| ||LST|||2,000|| ||MCNUI TYWEC|||10,191|12,663| ||MOYSEY|||1,625|1,500| ||OAK HILL|||2,000|| ||POTTER'S VILLAGE|||3,753|| ||PROCLAMATION|ZAMBIA||3,500|| ||REGENERATION|SCHOOLS WORK||500|| ||SCRIPTURE UNION|||250|| ||SOUTH ASIAN CONCERN|||1,000|| ||SWANSON
AIM|||1,500|1,900| ||TEARFUND|||1,700|| ||URBAN SAINTS|||1,000|500| ||VIDEO BIBLETALKS||||500| ||WORDS OF LIFE MINISTRY|||300|| |||||67,833|57,377| ||Grants to individuals|||4,590|10,210| ||Total grants|||72,423|67,587| ## ## ## ## ## ## ## ## ## ## ## |Staff Cost|s|||||| |---|---|---|---|---|---|---| ||||||2021|2020| |||||||Z| |Gross wages 8 saladies|||||92,562|94,105| |Social security costs|||||3,322|3,540| |Employer's|pension|contributions|||6,726|6,429| |Employer's|deficit contdibution||to defined|benefit pension scheme|4,903|3,613| ||||||107,513|107,687| ## |Tangible fixe|d assets|||||| |---|---|---|---|---|---|---| ||||Freehold|Fixtures and|Computers|Total| ||||buildings|fittings||| |Cost||||||| |At 1 January|2021||2,282,648|120,019|21,918|2,424,585| |Additions|||160,787|5,496|1,138|167,421| |Disposals|||(15,636)|(2,474)|(1,405)|(19,515)| |At 31 December 2021|||2,427,799|123,041|21,651|2,572,491| |Depreciation|and impairment|||||| |At 1 January|2021||845,173|117,720|17,959|980,852| |Depreciation|charged|in the year|52,887|1,316|1,603|55,806| |Eliminated
in|respect ofdisposals||(15,636)|(2,474)|(1,405)|(19,515)| |At 31 December 2021|||882,424|116,562|18,157|1,017,143| |Carrying
amount||||||| |At 31 December 2021|||1,545,375|6,479|3,494|1,555,348| |At 31 December 2020|||1,437,475|2,299|3,959|1,443,733| ## ## ## ## |As at 31 De|cember 20|21 the cost and net|book value w| |---|---|---|---| |||Cost|NBV| |||f|6| |Church Premises:||1,782,369|1,001,389| |1 Vicarage|Way:|247,227|203,914| |137Imperial|Drive:|398203|340 071| |Total||2427 799|1 545 375| |||th
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CJ|| ## ## ## ## ## ## ## |Actuarial
valuation
as at 31 December 2019|||||| |---|---|---|---|---|---| |A formal
valuation
of the DB Plan as at 31 December 2019|by a professionally|qualified||Actuary|| |using
the Projected
Unit Method.
At the valuation
date the market value of the DB||Plan|assets was||| |f298 million,
whilst the level ofassets needed
to pay benefits|was f316m, giving|a deficit||of f18m|| |(equivalent
to a past service funding
level of94%).The Church|and the other participating||employers||| |in the DB Plan are collectively responsible
for funding
this deficit.|||||| |Type ofassumption|||||%pa| |RPI price inflation
assumption|||||3.20| |CPI price inflation
assumption|||||2.70| |Minimum
Pensionable
Income Increase Adjustment
(above CPI)|||||0.50| |Pre-retirement
assumed
investment
returns
(gilt yield plus 1.75% pa)|||||2.95| |Post retirement
assumed
investments
returns
(including
benefits|||||1.70| |matched
by the insurance
policy) (gilt yield plus 0.5% pa)|||||| |Minimum
Pensionable
Income increases (CPI plus 0.5%)|||||3.20| |Deferred
pension increases based on RPI|||||| |Pre April 2009|||||3.50| |Post April 2009|||||2.50| |Pension increases|||||| |Based on RPI with an annual
floor of0%and annual cap of5%|||||2.70| ## ## ## ##