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|||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||
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||||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|
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||||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|
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|||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|
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||||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|
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||||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|
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|||||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|
##
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|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|
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|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|
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