Annual Report of the Parochial Church Council of St Peter and St Paul, Great Missenden for the year ended 31 December 2021 

## **Administrative Information** 

The parish comprises the churches of St Peter and St Paul, Great Missenden, St Mary’s Ballinger, and the Church at Little Hampden. It also acts as the managing trustees of the Oldham Hall, a registered charity (1063630), which owns this parish hall. 

The parish office is at 102-104 High Street, Great Missenden, Bucks, HP16 0BE  (Tel: 01494 862352). 

The Parochial Church Council (the PCC) is a registered charity (1129874), registered with the Charity Commission. 

The members of the PCC who served from 1 January 2021 until this report was approved are: 

Chairman: David Harris Licensed Lay Minister Emeritus:  Patricia Neale 

Churchwardens: Positions Vacant. A small team of Former Wardens and PCC members cover relevant work required, and meet regularly. 

Representative on the Deanery Synod: Sue O’Farrell Elected Members: Christopher Figg, Margaret Gordon, David Harris [Chairman ], Philippa Howells, Katherine Shuster, Sally Clark, Guy Priestley, Helen Biggerstaff, Wendy Harris, 

Laurence Clark, Jamie Gairdner, Sue O’Farrell, John Jeapes, Christopher Nickless, Rosemary Ladd [Secretary], Brenda Harris. Graeme Petrie-Brown, Stephen Tanno. _Members who resigned during the year:  Rev’d Canon Rosie Harper, Elizabeth Wormell_ **Structure, Governance and Management** 

The PCC members are elected in accordance with the Church Representation Rules. Regular worshippers are encouraged to register on the electoral roll. 

## **Objectives and Activities** 

The PCC is in Inter-Regnum pro tem , and is responsible for cooperating with the vicar [when appointed] and clergy to promote the whole mission of the Church in the Parish, and for managing the Oldham Hall. 

## **Achievements and Performance** 

This is set out in detail in the ensuing sections of the annual report 

## **Financial Review** 

This is also set out in the annual report.  The annual accounts form part of the annual report. 

## **Reserves Policy** 

It is the policy of the PCC to maintain a balance on unrestricted funds that equates to 6 months expenditure to cover emergency situations that may arise from time to time.  However, it has not been possible to adhere to this policy every year because of the pressures on income and expenditure, especially the parish share. 6 months expenditure is approximately £60,000/£65,000. Overall liquid funds of the Parish at 31[st] December 2021 amounted to £243,421.[ 2020 £231,836]. See Notes 10 & 16 to the Accounts. However, £199,815 [2020£199,940] funds are restricted. 

## **Serious Incidents** 

There were no serious incidents. 

Approved by the PCC on 13th March 2022, and signed on their behalf by: 

David Harris (Chairman) 



## **BALANCE SHEET AS AT 31 DECEMBER 2021** 

## **Parish of Great Missenden with Ballinger and Little Hampden** 

|**FIXED ASSETS**<br>Note<br>Freehold property<br>Piano<br>7<br>Lighting System<br>7<br>Accounting & Office Systems<br>7<br>CCTV<br>7<br>Sound System<br>7<br>Camera Streaming System<br>7<br>**INVESTMENT ASSETS**<br>11<br>**CURRENT ASSETS**<br>Debtors<br>8<br>Short-term deposits<br>16<br>Charibonds and Charifunds<br>16<br>Cash at Bank and In Hand<br>16<br>**LIABILITIES: AMOUNTS FALLING**<br>**DUE WITHIN ONE YEAR**<br>9<br>**NET CURRENT ASSETS**<br>Intra-parish balances<br>**NET ASSETS**<br>**FUNDS**<br>Unrestricted<br>Restricted<br>10<br>Endowment<br>11<br>**TOTAL FUNDS**|**2021**<br>**2020**<br>1<br>1<br>1<br>962<br>255<br>789<br>1<br>1<br>3,537<br>6,047<br>5,327<br>6,359<br>9,122<br>14,159<br>22,174<br>19,866<br>16,988<br>21,797<br>0<br>25,000<br>60,000<br>60,000<br>183,421<br>146,836<br>260,409<br>253,633<br>-14,345<br>-12,020<br>246,064<br>241,613<br>-6,367<br>612<br>270,993<br>276,250<br>49,004<br>56,444<br>199,815<br>199,940<br>22,174<br>19,866<br>270,993<br>276,250<br>**Churches**|**2021**<br>**2020**<br>1<br>1<br>1<br>1<br>21,085<br>18,596<br>0<br>0<br>0<br>0<br>0<br>0<br>773<br>6,647<br>773<br>6,647<br>-305<br>-527<br>468<br>6,120<br>6,367<br>-612<br>27,921<br>24,105<br>0<br>6,836<br>5,509<br>21,085<br>18,596<br>27,921<br>24,105<br>**Oldham Hall**|**2021**<br>**2020**<br>1<br>1<br>1<br>1<br>1<br>962<br>255<br>789<br>1<br>1<br>3,537<br>6,047<br>5,327<br>6,359<br>9,123<br>14,160<br>43,259<br>38,462<br>16,988<br>21,797<br>0<br>25,000<br>60,000<br>60,000<br>184,194<br>153,482<br>261,182<br>260,279<br>-14,650<br>-12,547<br>246,532<br>247,733<br>0<br>0<br>298,914<br>300,355<br>49,004<br>56,444<br>206,651<br>205,449<br>43,259<br>38,462<br>298,914<br>300,355<br>**CONSOLIDATED FUNDS**|**2021**<br>**2020**<br>1<br>1<br>1<br>1<br>1<br>962<br>255<br>789<br>1<br>1<br>3,537<br>6,047<br>5,327<br>6,359<br>9,123<br>14,160<br>43,259<br>38,462<br>16,988<br>21,797<br>0<br>25,000<br>60,000<br>60,000<br>184,194<br>153,482<br>261,182<br>260,279<br>-14,650<br>-12,547<br>246,532<br>247,733<br>0<br>0<br>298,914<br>300,355<br>49,004<br>56,444<br>206,651<br>205,449<br>43,259<br>38,462<br>298,914<br>300,355<br>**CONSOLIDATED FUNDS**|
|---|---|---|---|---|
|||||14,160<br>38,462<br>21,797<br>25,000<br>60,000<br>153,482|
|||||260,279<br>-12,547<br>247,733<br>0|
|||||300,355|
|||||56,444<br>205,449<br>38,462|
|||||300,355|



Approved by the Parochial Church Council on 13th March 2022 and signed on its behalf by: 

David Harris (Chairman) 

Mike O'Farrell [Finance] 



## **Parish of Great Missenden with Ballinger and Little Hampden** 

## **Statement of Financial Activities** 

|**Statement of Financial Activities**||||
|---|---|---|---|
|**for the year ended 31 December 2021**<br>**Incoming Resources**<br>Note<br>Incoming resources from donors<br>2a<br>Income from operating activities<br>2b<br>Income from investments<br>2c<br>Other ordinary incoming resources<br>2d<br>Grant from the Oldham Hall<br>2e<br>**Total Incoming Resources**<br>**Resources Used**<br>Grants<br>3a<br>Activities directly related to the work of the church<br>3b<br>Fund-raising and publicity<br>3c<br>Church management and administration<br>3d<br>**Total Resources Used**<br>**Net Incoming /(Outgoing) Resources**<br>Prior year adjustment<br>**Net movement in funds**<br>Balances brought forward at 1 January<br>**Balances carried forward at 31December**|**Church**|||
||**Unrestricted**<br>**Restricted**<br>83,082<br>2,640<br>12,206<br>0<br>3,335<br>4,231<br>204<br>103,058<br>2,640<br>0<br>95,717<br>2,766<br>1,473<br>13,309<br>110,499<br>2,766<br>-7,441<br>-126<br>-7,441<br>-126<br>56,445<br>199,941<br>49,004<br>199,815<br>**2021**|**Unrestricted**<br>**Restricted**<br>121,866<br>3,478<br>2,258<br>0<br>3,023<br>1,590<br>463<br>129,200<br>3,478<br>251<br>103,341<br>15,209<br>78<br>9,548<br>113,218<br>15,209<br>15,982<br>-11,731<br>15,982<br>-11,731<br>40,463<br>211,672<br>56,445<br>199,941<br>**2020**||
||||3,478|
||||15,209|
||||15,209|
||||-11,731<br>-11,731<br>211,672|
||||199,941|





## **Parish of Great Missenden with Ballinger and Little Hampden** 

## **Form of Accounts** 

These accounts comprise the consolidated accounts of three churches in the parish of Great Missenden and the Oldham Hall charity (the Oldham Hall), a charity under the control of the PCC who are the managing trustees.  Separate Oldham Hall accounts have been prepared. 

## _Gains and Losses on Investments_ 

Realised gains or losses are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluation of investments as at 31 December. 

## **Resources Used** 

To account for the activities of the whole parish, separate and consolidated balance sheets are included; the income and expenditure for the Oldham Hall have not been consolidated but shown by way of note (12). 

## **1. Accounting Policies** 

## _Grants_ 

Grants and donations are accounted for when paid over or when an amount is set aside pending imminent payment. 

## **Fixed Assets** 

## _Consecrated Land and Buildings and movable church furnishings_ 

The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and the statement of recommended practice applicable to charities preparing accounts in accordance with the Financial Reporting Standard for Smaller Entities published on 16th July 2014. 

The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. 

Consecrated and benefice property of any kind is excluded from the financial statements by Section 10(2)(a) and (c ) of the Charities Act 2011. 

Movable church furnishings held by the Vicar and Church Wardens on special trust for the PCC, and which require a faculty for disposal, are accounted for as inalienable property unless consecrated. They are inspected annually by the Deanery. For inalienable property acquired prior to January 2000 there is insufficient cost information available and therefore such assets are not valued in the accounts. No such property has been acquired since January 2000. 

## **Funds** 

Endowment funds are funds, the capital of which must be retained; only the income arising may be used - either for the restricted or unrestricted purpose for which the endowment was established. Restricted funds, which may be capital or income funds, are funds that are subject to specific wishes from a donor at the time of the gift or the terms of a public appeal. 

Unrestricted funds are general funds which can be used by the PCC for general purposes, and may include funds that have been designated by the PCC for particular purposes. 

All expenditure incurred in the year on consecrated or beneficed buildings, individual items under £1,000 or the repair of removable church furnishings acquired before January 2000 is written off. 

## _Freehold Property_ 

The property of the Oldham Hall is included in the Balance Sheet at the nominal value of £1 as the cost and effort of obtaining a valuation is not justified for the purposes of any additional clarity or for the better understanding of these financial statements. 

## **Incoming Resources** 

_Voluntary income and Capital Sources_ 

Collections are recognised when received by or on behalf of the PCC. Planned giving receivable is recognised only when received. 

## **Other fixtures, fittings and office equipment** 

The Piano gifted in 2005 has been written off, and has a nominal value of £1. 

The CCTV system (purchased halfway through 2013) has been written off and has a nominal value of £1 The sound system (purchased in 2013 and deck in 2018) is being written off over 10 years. 

Income tax recoverable on Gift Aid donations is recognised when the income is recognised. 

The accounting system software/laptop (purchased early 2016 and 2018) is being written off over 3 years, as is the laptop for the Office acquired in 2020. 

Grants and Legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain. Funds raised by fund-raising events are accounted for gross as far as is notified by the organisers. Sales of books and magazines from the church book-stall are accounted for gross. Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue. 

Individual items of equipment with a purchase price of £1000 or less are written off when the asset is acquired. 

The lighting system installed in 2017 has been written off and has a nominal value of £1 

The newly installed camera system for livestreaming is being depreciated over 5 years from 2021 

accounted for when due and payable.Interest entitlements are accounted for as they accrue. 

## _Investments_ 

Investments are valued at market value at 31st December 2021. 

**Notes p 1** 



## **Parish of Great Missenden with Ballinger and Little Hampden Statement of Financial Activities for the year ended 31 December 2021** 

|**2 Incoming Resources**<br>2a Incoming resources from donors<br>Bank Giro Credits<br>Envelopes<br>Donations & Good box & Website donations<br>Bequests<br>Income tax (to be) recovered<br>Collection at all services<br>Wallsafe<br>2b Income from operating activities<br>Fees<br>Less: Fees expended<br>Cream Teas<br>Other fundraising<br>Bookstall<br>Newsletter/magazine<br>2c Income from investments and deposits<br>Investment income<br>2d Other ordinary incoming resources<br>Miscellaneous<br>2e Grant from the Oldham Hall<br>**Total Incoming Resources**||**Churches**|||
|---|---|---|---|---|
||**Unrestricted**<br>53,701<br>285<br>9,990<br>15,930<br>2,582<br>594<br>83,082<br>17,596<br>-11,764<br>3,512<br>2,686<br>176<br>12,206<br>3,335<br>3,335<br>4,231<br>4,231<br>204<br>103,058<br>**2021**|**Restricted**<br>2,570<br>70<br>2,640<br>0<br>0<br>0<br>2,640|**Unrestricted**<br>51,895<br>5,082<br>38,928<br>0<br>22,126<br>3,708<br>127<br>121,866<br>7,255<br>-5,268<br>0<br>140<br>131<br>2,258<br>3,023<br>3,023<br>1,590<br>1,590<br>463<br>129,200<br>**2020**|**Restricted**<br>1,820<br>50<br>1,608|
|||||3,478|
||||||
|||||0|
||||||
|||||0|
||||||
|||||0|
||||||
|||||3,478|
|||||**Notes p 2**|





## **Parish of Great Missenden with Ballinger and Little Hampden Statement of Financial Activities for the year ended 31 December 2021** 

|**3 Resources Used**<br>3a Grants<br>Note<br>Mission Giving<br>13<br>Charities (inc. Spec. Collections)<br>13<br>Donations<br>13<br>3b Activities directly related to the work of the Church<br>Ministry<br>Parish share<br>Priest's expenses<br>Assistant clergy<br>Junior church<br>Organists+Musical Director & Organ<br>5<br>Choir robes & Music<br>Altar requisites<br>Flowers<br>Maintenance & Repairs, Cleaning<br>Contributions re fabric from the Church Friends<br>Churchyards<br>Energy & Water<br>Insurance<br>Printing, Stationery & Postage<br>Newsletter/Magazine<br>Depreciation of Lighting<br>Depreciation  of Streaming System<br>Depreciation of Accounting System<br>Depreciation of Sound Deck<br>Depreciation of Sound System<br>Bookstall<br>GM Vicarage<br>Miscellaneous<br>3c Fundraising & Publicity<br>Cream teas & other Fund Raising expenses<br>3d Church Management & Administration<br>Office Rent & Expenses<br>Administration, Telephones & IT<br>5<br>**Total Resources used**||**Churches**|||
|---|---|---|---|---|
||**Unrestricted**<br><br><br><br>0<br>66,387<br>238<br>132<br><br>6,165<br>62<br>4,764<br>2,391<br>5,261<br>5,628<br>1,998<br>534<br>454<br>116<br>96<br>1,491<br>95,717<br>1,473<br>1,473<br>328<br><br>12,981<br>13,309<br>110,499<br>**2021**|**Restricted**<br>0<br>476<br>60<br>317<br>-2,435<br>0<br>961<br>1,332<br>2,055<br>2,766<br>0<br>0<br>2,766|**Unrestricted**<br>251<br>251<br>75,000<br>1,498<br>649<br>6,260<br>225<br>36<br>2,444<br>2,707<br>4,992<br>5,630<br>1,752<br>260<br>534<br>454<br>47<br>853<br>103,341<br>78<br>78<br>9,548<br>9,548<br>113,218<br>**2020**|**Restricted**|
|||||0|
|||||450<br>18<br>23,836<br>-12,112<br>962<br>0<br>2,055|
|||||15,209|
||||||
|||||0|
||||||
|||||0|
||||||
|||||15,209|
|||||**Notes p 3**|





## **Parish of Great Missenden with Ballinger and Little Hampden Statement of Financial Activities** 

**for the year ended 31 December 2021** 

|**4**<br>**5**<br>**6**<br>**8**|**Trustee Expenses**<br>**2021**<br>Number of Trustees who were paid expenses<br>1<br>Nature of Expenses:<br>Travel, course, clergy expenses<br>£<br>Total amount paid<br>238<br>**Related Party Transactions**<br>The only Charity Trustee who received remuneration from the charity was<br>Wendy Harris, who received £6000 for her role as Church Organist.<br>**Investments**<br>The Gentle Bequest fund comprises 3077.68 units held in the<br>Black Rock Charishare Fund, which is an Equity Fund.<br>The Church Hall Charity (Oldham Hall) Fund comprises 1354.88<br>units held in the M&G Charifund, which is an Equity Fund.<br>**2021**<br>**Debtors**<br>£<br>Income Tax Recovered<br>Unrestricted<br>15,798<br>Restricted<br>Sundry<br>Unrestricted<br>1,190<br>Restricted<br>16,988|**2020**<br>**7**<br>3<br>£<br>2,147<br>**2020**<br>£<br>20,408<br>0<br>1,389<br>0<br>21,797<br>**9**|**Fixed Assets**<br>Piano at historic cost<br>Depreciation to date<br>Lighting system at historic cost<br>Depreciation to date<br>Accounting & Office Systems<br>Depreciation to date<br>CCTV at historic cost<br>Depreciation to date<br>Sound System at historic cost<br>Depreciation to date<br>Camera Streaming System<br>Depreciation to date<br>**Total Fixed Assets**|**2021**<br>£<br>5,284<br>-5,283<br>1<br>4,810<br>-4,809<br>1<br>4,818<br>-4,563<br>255<br>2,695<br>-2,694<br>1<br>22,825<br>-19,288|**2020**<br>£<br>5,284<br>-5,283|
|---|---|---|---|---|---|
||||||1|
||||||4,810<br>-3,848|
||||||962|
||||||4,818<br>-4,029|
||||||789|
||||||2,695<br>-2,694|
||||||1|
||||||22,825<br>-16,778|
|||||3,537|6,047|
|||||6,659<br>-1,332|6,359|
|||||5,327|6,359|
|||||9,122|14,159|
|||||||
||||**Liabilities**|**2021**<br>£|**2020**<br>£|
||||Expense Creditors<br>Charities - inc. special collections<br>Oldham Hall [inc. in Expense Creditors]|8,129<br>6,216<br>14,345<br>305|8,453<br>3,567|
||||||12,020|
||||||527|



||**2021**|**2020**|
|---|---|---|
||£|£|
|**Liabilities**|||
|Expense Creditors|8,129|8,453|
|Charities - inc. special collections|6,216|3,567|
||14,345|12,020|
|Oldham Hall [inc. in Expense Creditors]|305|527|



The Income Tax refund was received on 28th February 2022. 

**Notes p 4** 



## **Parish of Great Missenden with Ballinger and Little Hampden Statement of Financial Activities for the year ended 31 December 2021** 

|**10 **|**Restricted Funds**<br>Watson Cottages Sale Proceeds<br>Fabric Fund (see Note 14)<br>Repair and Improvements Appeal<br>Other<br>watch here!<br>Oldham Hall|**2021**<br>£<br>90,149<br>8,579<br>63,124<br>-161,852<br>0<br>6,836<br>6,836|**2020**<br>£<br>90,149<br>5,304<br>64,457<br>40,030|
|---|---|---|---|
||||199,940<br>5,509|
||||205,449|



The principal Restricted Funds are to be used for: 

|**11 **|**Endowments**<br>_[Value at the end of the year]_<br>Gentle Bequest<br>Church Hall Charity|**2021**<br>£<br>22,174<br>21,085|**2020**<br>£|
|---|---|---|---|
||||19,866|
|||||
||||18,596|



The endowment funds are: 

- (a) Gentle Bequest, of which the income is to be used for the 

General purposes of Great Missenden and Parish Church 

- (b) Church Hall Charity ( Oldham Hall) , of which the income is to be used for promoting the religious education of persons who are resident in the Ecclesiastical Parish of St Peter and St Paul, Great Missenden. 

**Watson Cottages** funds may be used for a house 

for a curate or caretaker or for any other ecclesiastical purpose in the Parish 

**Fabric Fund** the improvement and maintenance 

of St Peter & Paul Church.West end masonry work paid from here. 

**Repair and Improvements Appeal** the funding of capital projects, some of which were identified in the 2010 Appeal literature 

## **12 Oldham Hall** 

The income and expenditure of this is attached as part of this report package. 

All transactions are separately identified, however, following the closure of TSB, Great Missenden, banking is carried out within the PCC bank accounts. 

**Notes p 5** 



## **Parish of Great Missenden with Ballinger and Little Hampden Statement of Financial Activities for the year ended 31 December 2021** 

|**13 Special Collections and Donations (Restricted)**<br>_Home Mission and other Church Societies_<br>Childrens' Society<br>_Secular Charities_<br>Hope Secondary School [Bethlehem]<br>Starlight re. Cards<br>Chesham Sick Poor Fund<br>Toilet Twinning<br>A Rocha<br>Abraham's Children in Crisis [ACIC]<br>Wycombe Homeless Connection<br>Old Tea Warehouse<br>Wycombe Womens' Aid<br>Wycombe Refugee Charity<br>Total|**2021**<br>£<br>0<br>0<br>300<br>300<br>50<br>300<br>90<br>1,493<br>2,533<br>2,533|**2020**<br>£<br>178|
|---|---|---|
|||178|
|||83<br>150<br>325<br>149<br>478<br>126<br>30|
|||1,341|
||||
|||1,519|



There are small donations of goods by parishioners each year, mainly to the Old Tea Warehouse. The value of these goods is neither valued nor reflected above. 

There will be further payment to ACIC regarding the recipe books when further sales are possible. 

## **14 Commitment under the Fabric Fund** 

There were circa £14000 commitments at 31st December 2021. 

## **15 Donations** 

£600 has been donated by 'The Friends' and has offset the cost of certain ongoing maintenance. 

|**16 **|**Churches- Deposits, Investments**|**, Bank and Cash**|**Balances**|||
|---|---|---|---|---|---|
|||**2021**|**2021**|**2020**|**2020**|
|||£|£|£|£|
||Virgin Money Deposit||0||25,000|
||see below|||||
||Charibond|30,000||30,000||
||Charifund|30,000|60,000|30,000|60,000|
||Bank Current/Deposits|183,019||146,306||
||Petty Cash and Floats|402|183,421|530|146,836|
|||||||
||Churches Liquid Funds||243,421||231,836|
||Charibond value 31-12-21|£34,783|[2020 £35,298]|||
||Charifund value 31-12-20|£33,823|[2020 £29,832]|||
||These values have not been reflected in the|||||
||Balance Sheet as values can rise and fall daily.|||||
||Income from these investments is reflected in the Accounts.|||||



The Virgin Money Deposit was closed during the year and the £25000 placed in a CAFBank deposit account reflected above. 

Also see Note 9, Liabilities, where any such Special Collections and Donations not paid out at 31st December are held as Restricted Funds liability. 

**Notes p 6** 



## **Independent Examiner's Report to the PCC of the Parish of Great Missenden with Ballinger and Little Hampden** 

I report on the accounts for the year ended 31st December 2021, 

which are set out on pages 1 to 8. 

## **Respective responsibilities of the PCC and Independent Examiner** 

The PCC consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. 

It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the management committee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the accounts. 

## **Independent Examiner's Statement** 

In connection with my examination, no matters have come to my attention: 

It is my responsibility to 

- examine the accounts under section 145 of the 2011 Act; 

   1. which give me reasonable cause to believe that in any material respect the requirements 

- follow the procedures laid down in the General Directions given by the Charity Commissioners section 145(5)(b) of the 2011 Act; and 

   - to keep accounting records in accordance with s.130 of the 2011 Act; or 

   - to prepare accounts which accord with these accounting records 

- state whether particular matters have come to my attention. 

have not been met; or 

**Basis of Independent Examiner's Statement** 

My examination was carried out in accordance with the General Directions given by the Charity Commission. 

An examination includes a review of the accounting records kept by the PCC and a comparison of the accounts presented with those records. 

2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 


James Innes                                    17th March 2022 

Great Missenden 



## **Great Missenden Church Hall Charity** 

(operating as "The Oldham Hall" 

## **Balance Sheet as at 31st December 2021** 

|Note<br>**Fixed Assets**<br>Freehold Property<br>Investment Assets<br>**Current Assets**<br>Debtors<br>Cash at Bank and in hand see note 12 PCC accounts<br>**Current Liabilities**<br>**Net Current Assets**<br>**Intra-Parish Balances**<br>**Funds**<br>General Fund 1st January 2021<br>Net surplus/deficit for the year<br>Maintenance Fund<br>Endowment Fund|**2021**<br>1<br>21,085<br>773<br>773<br>305<br>468<br>6,367<br>27,921<br>5,509<br>1,327<br>6,836<br>21,085<br>27,921|**2020**|
|---|---|---|
|||1<br>18,596<br>6,647|
|||6,647<br>527|
|||6,120<br>-612|
|||24,105|
|||7,320<br>-1,811|
|||5,509<br>18,596|
|||24,105|



|**David Harris     Chairman**|**James Innes FCA**|
|---|---|
|For and on behlf of The Parochial Church Council of the|Independent Examiner|
|Ecclesiastical Parish of St Peter and St Paul, Great Missenden||
|Managing Trustee of the Charity|17th March 2022|





## **Great Missenden Church Hall Charity** 

(operating as "The Oldham Hall" 

## **Income and Expenditure Account- Year to 31st December 2021** 

|**Hall Income**<br>Rental charges<br>Donations<br>Fund raising<br>Net proceeds of refreshment sales - opening<br>**Hall costs**<br>Cleaning<br>Light, Heat and Water<br>Insurance<br>Restoration, repairs, equipment and Fees<br>Administration and Sundries<br>**Net Hall Income/(Deficit)**<br>**Interest and Investment Income**<br>Grant from Watsons Cottages<br>Grant to St Peter & Paul PCC<br>Transfer from/to Maintenance Fund<br>Net Surplus/(Deficit) for the Year|Note<br>**2021**<br>7,916<br>7,916<br>2,262<br>1,944<br>5<br>941<br>1,382<br>60<br>6,589<br>1,327<br>634<br>1,961<br>-634<br>1,327|**2020**|
|---|---|---|
|||5,399|
|||5,399<br>2,262<br>2,460<br>1,079<br>1,309<br>100|
|||7,210|
|||-1,811<br>438|
|||-1,373<br>-438|
|||-1,811|





## **Great Missenden Church Hall Charity** 

(operating as "The Oldham Hall" 

## **Notes to the Accounts** 

## **1 Accounting Policies** 

- a Accounting Convention - these accounts have been prepared on the historical cost convention using the accruals basis to bring them in line with the accounting policies required under the Church Accounting Regulations 2006 together with applicable accounting standards and the Charities SORP 2005 

- b Freehold Property - the property of The Oldham Hall is included in the Balance Sheet at the nominal value of £1 as the cost and effort of obtaining a valuation is not justified for the purpose of any additional clarity or for the better understanding of these financial statements 

- c Investment Assets- Investment Assets are revalued at the end of the year using the closing mid-market valuation 

- d Maintenance Fund- the Maintenance Fund was established for the purpose of setting aside monies to meet future maintenance expenditure of a substantial nature. This has now been closed after extensive refurbishment of the Hall. 

## **2 Freehold Property** 

|**2 Freehold Property**|||
|---|---|---|
|See note 1<br>**3 Endowment Fund**<br>Balance 1st January<br>Unrealised loss/profit for the year<br>Balance 31st December<br>**4 Intra Parish Balances**<br>Current Account with St Peter & St Paul<br>This increase due to closing the Oldham Hall TSB account in January 2022 and funds<br>transferred to the PCC CafBank Account in late 2021 and finally in early 2022|**2021**<br>1<br>**2021**<br>18,596<br>2,489<br>21,085<br>**2021**<br>6,367<br>6,367|**2020**|
|||1<br>**2020**|
|||22,500<br>-3,904|
|||18,596|
|||**2020**|
|||-612|
|||-612|
||||



## **5 Insurance** 

The Insurers [EIO] combined St Mary's Ballinger and Oldham Hall Insurance, and the Premium has been paid and charged within the overall Parish Church Accounts. The correct apportionment of the 2020 Premium has been reflected in the 2020 Accounts.