2021-12-31-accounts

		Page
Legal and administrative	information
Elders' Report
Trustees' Annual Report
Independent Examiner's	Report
Statement of Financial	Activities,
Balance Sheet
Notes to the Financial Statements		10-20

The Elders ITrustees	The Elders ITrustees	Mrs C. Fielding	Mr S.Goodman
		Mrs C.Gould	Mrs M Hinchcliffe
		Mrs. J.Newbury	Mrs F Orchard
Church address		Stuart House
		Green Lane
		Derby
		DE1 1RS
Independent	Examiner	Martin Gadsby
		PKF Smith Cooper	Limited
		St Helen's House
		Derby
		DE1 3EE
Bankers		HSBC
		1 St Peter's Street
		Derby
		DE1 2AE

			Unrestricted	Designated	Restricted	Total	Total
			Fund E	Funds	Fundsf	2021 Funds	2020 Funds
Income
Donations and legacies			33,788	10,132	5,400	49,320	61801
Charitable activities			1,481			1,481	2344
Other trading activities			48,858		29,403	78,261	61362
Investments			3,687			3,691	5240
Other			293		1,495	1,788	47697
Total income (Note	3)		88,107	10,134	36,300	134,541	178444
Expenditure
Charitable activities:
Premises costs			60,468	10,602	6,110	77,180	356,134
Ministerial costs			48,640			48,703	44,734
Costs ofactivities			2,198	212	3,667	6,077	27,778
Grants payable and restncted donations
passed on				1,173	4,826	5,999	4,800
Governance costs			4,099		976	5,075	14,855
Other			2,128	2,278	1,785	6,191	41,927
Total expenditure (Note 4)			117,533	14,265	17,427	149,225	490,228
Net gains/(losses)	on investments		30,842	26,378	3,169	60,389	37,313
Net income I(expenditure)			1,416	22,247	22,042	45,T05	(274,4?1
Transfers between	funds
Gross transfers between		funds —in			116	116	12,414
Gross transfers between		funds - out	(116)			(116)	(12414)
Net movement	in funds for the		1,300	22,247	22,158	45,T07	274,471
Reconciliation of	funds:
Total funds brought	forward		15,448	654,281	146,935	816,664	1,091,135
Total funds carried forward			16,748	676,528	169,093	862,369	816,664

, alance sheet as at 31 Decembe	r 2021
	Note	2021	2020
Fixed assets
Property		192,008	192,008
Organ and pianos
Recreation equipment
Church equipment		22,309	20,499
Total tan ible fixed assets		214,317	212,507
Investments
COIF investments		432,999	373,628
M 8 G investments		6,359	5,342
Total Investments		439,358	378,970
Current Assets
Debtors and prepayments			9,458
HSBC		117,492	134,781
HSBC 3F's account		1,706	120
COIF Deposit Funds		97,251	97,239
Cash
Total current assets		216,449	241,598
Current Liabilities		7,755	16,411)
Net current assets		208,694	225,187
Net Assets		862,369	816,664
Represented by funds:
Unrestricted Fund		16,748	15,448
Designated Funds		676,528	654,281
Restricted Funds		169,093	146,935
		862,369	816,664

			E ui ment		Pro	ert
		Organ & Pianos	Recreation	Church E	25 Brayfield Road F		Total
Cost
As at 1 Jan 2021				62.093	192,008		263,872
Additions				4,380			4.380
Dis osals							9,771
As at 31 December 2021				66,473	192,008		258,481
De reciation
As at 1 Jan 2021				41,594			41,594
Char e for the	ear			2,570			2,570
Dis osals
As at 31 Dec	2021			44,164			44,164
NSV as at 31	Dec 2021			22,309	192,008		214,317
NBV as at 31	Dec 2020			20,499	192,008		212,507

		Unrestricted	Designated	Restricted	Total 2021	Total 2020
		Fund	Funds f.	Funds	Funds	Fundsf
Donations &legacies:
Identified offerings		17,889			17,889	22,025
Unidentified offerings		1,004			1,004	527
Donations &bequests		2,980	10,100	170	13,250	7,191
Gift Day
Tax recovery		3,095			3,095	5.654
Government grants		8,747			8,747	21,667
Activities &events						1,594
Members' subscriptions		72	25	5,164	5,261	2,988
Transport subscription				66	66	153
Total ofdonations	&legacies	33,787	10131	5,400	49,318	61,801
Charitable activities:
Room lettings		1,481			1,481	2,030
Printing						314
Total charitable activities income		1,481			1,481	2,344
Other trading activities:
Fundraising		625		46	671	651
Property rentals		48,233			48,233	44,507
Manse letting						1,160
Service charges				29,357	29,357	15,044
Total ofother trading activities income		48,858		29,403	78,261	61,362
investments:
Bank 8 building society interest
COIF interest		2,464			2,469	459
Dividends		1 223			1 223	4,781
Total investment income		3,687			3,692	5,240
Other income		293		1,495	1,788	47,697
TOTAL INCOME		88,108	10,133	36,301	134,542	178,444

			Unrestricted	Designated	Restricted	Total 2021	Total 2020
			Fundf	Fundsf	Fundsf	Fundsf	Fundsf
Cost ofcharitable	activities
Premises costs:
Staff costs			28,663	215		28,878	28,553
Insurance			5,238		1,923	7,161	9,779
Heat, light 8 water			12,600		389	12,989	9,216
Maintenance 8 repairs			2,140	10,239	1,859	14,238	270,683
Other premises costs			11,827	148	1,939	13,914	37,903
Total premises costs			60,468	10,602	6,110	77,180	356,134
Ministerial costs:
M&M contribution			32,095			32,095	40,140
Group Ministry costs			15,225			15,225	3,825
Central's Ministry costs			661			661	337
Organist & music							140
Church gifts			659		63	722	292
Total ministerial costs			48,640			48,703	44,734
Costs ofactivities:
Other gifts				100	351	451
Activities 8 events							791
Transport for activities				23	161	184	303
Trainers' fees					2,240	2,240	1,040
Food for activities			105	89	914	1,108	1,346
Telephone 8 internet							1,214
Materials &consumables			621			624	759
Equipment purchases		8 repairs					21,273
Reprographic materials		8 services	404			404	756
Total costs ofactivities			2,198	212	3,669	6,077	27,778

			Unrestricted	Designated	Restricted	Total 2021	Total 2020
			Funds	Funds f.	Fundss	Funds s	Funds F
Grants payable and restricted donations
passed on
Local Outreach				1 173	3,076	4,249	3,050
National & International	Outreach				1,750	1„750	1,750
Total grants payable and restricted
donations passed on				1 173	4,826	5,999	4,800
Governance costs:
Administration costs			2,019		976	2,995	12,808
Independent examination		fees	2,080			2080	2,048
Total governance costs			4,099		976	5,075	14,855
Total cost ofcharitable	activities		115,404	11,987	15,644	143,034	448,301
Other expenditure:
Depreciation			292	2,278		2,570	5,729
Derby A2C			1,750		52	1,802
Other			86		1733	1,819	36,199
Total other expenditure			2,128	2,278	1,785	6,191	41,928
TOTAL EXPENDITURE			117,533	14,265	17,427	149,225	490,229

				Fund balances	incoming	Outgoing	Transfer	Net	Fund
				brought	resources	resources	between	gain/(loss)	balances
				forward			funds	on	carried
								investment	forward
								F	f'.
Unrestricted Fund
General Fund				15,448	88,108	(117,533)	(116)	30,841	16,748
Total unrestricted		fund		15,448	88,108	(117,533)	(116)	30,841	16,748
Desi na ed Funds
Comp —fund
Asset Fund				193,729		(2,277)	18,777		210,229
Bequests Fund				160,603	10,100			10,138	180,841
Maintenance Fund				127,250		(10,387)	(18,77?)		98,086
Ministers Discretionary			Fund	303		(100)			203
Monday Afternoon		Fellowship		2,183					2,183
Property Fund				38,852				3,331	42,183
Social Fund				235					235
Turner Bequest (Church)				130,808				12,909	143,719
Youth Fund				318	32	(1,501)			(1151)
Total designated	funds			654,281	10,134	(14,265)		26,378	676,528
Restricted Funds
Flower Fund				98	15	(44)
Maintenance Fund
Ministers Discretionary			Fund
Nativity Fund				91					91
Outreach Fund					201	(4,826)	116		(4,509)
Recreation Society		Fund		17,396	1,100	(6,693)			11,803
Service Charge Fund				10,964	30,851	(2,238)			39,577
Turner Bequest (Recreation				113,370				3,170	116,542
Society)
3 F's Fund				5,014	4,130	(3,624)			5,520
Total restricted funds				146,933	36,299	(17,425)	116	3,170	169,093
TOTAL FUNDS				816,662	134,541	(149,223)		60,389	862,369

NOTE 7 —INVESTMENTS	HELD BYT	HE CHURCH
		Value at			Gain/		Value at 31
		1 January			(loss)	in	December
		2021	Purchase	Sale	year		2021
		E	E	E		E
COIF Ethical Investment	Fund
Income units [Bequest Fund]		160,606			21,627		182,233
Accumulation units [Property Fund]		32,638			5,471		38,109
Accumulation units [Turner	Bequest	80,298			13,461		93,759
—Church Fund]
COIF Global Equity Income Fund
Accumulation units [Turner	Bequest	100,086			18,813		118,899
—Church Fund]
M &G Charifund
Accumulation units [Property Fund]		5,342			1,017		6,359
		378,970			60,389		439,359
NOTE 8 —DEBTORS AND PREPAYMENTS
					2021		2020
Prepayments
Envelope Systems - offertory envelopes
Cyber insurance
Debtors
Rental income							1,984
HMRC Gift Aid and GADSD							1,474
Right to Light Donation							6,000
							9,458

TE 9 —CRE	DITORS,	ACCRUALS AND MONIES RECE	IVED IN ADVANCE
			2021	2020
Accruals
Staff &Admin	Costs		2738
Independent	examination	ofaccounts	2040	2,000
Outreach			1526
Energy			1441	680
Bank Chgs
Deferred income				12,304
			7754	16,411

TE 10 -	ANALYSIS OF NET	ASSETS SETWEEN F	UNDS
		Unrestricted	Designated	Restricted	Total
		Fund	Funds	Funds	Funds
		F		F
Tangible	fixed assets	4,088	210,229		214,317
Investments		30,841	405,348	3,170	439,359
Current	assets	(12,345)	109,917	1'I8,877	216,449
Current	liabilities	6,229	(1,428)	2,954	7,755
Net assets		116,355	726,922	119,092	862,369