## ## ## ## ## ## ## ## |C/ergy:|The Revd. Dr Peter Waddell|Chair|| |---|---|---|---| ||The Revd, Maxine Howarth||| |Church yyardes:|Mrs Carol Higgs|Vice Chair|| ||Prof Thomas Betteridge||| |Deanery Synod|||| |Representatives:|Ms Wendy
Ball||| ||Prof Richard Simons||| ||Mr Roland Maxted||| |Elected Members:|Mr Richard
Baldwin|(Chair of Property)|| ||Mr William Sanderson|(Chair of Finance and Fund-raising)|| ||Mrs Brenda Southorn||| ||Mr Christopher
Sanders|Treasurer|| ||Dr Kathryn
Goodman|Parish Safeguarding|Officer| ||Dr Helen Shephard||| |Ca-opted members|Mrs Lucy Farquharson|Secretary|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Note|Unrestricted|Restricted|Endowment|TOTAL|TOTAL| |---|---|---|---|---|---|---|---| ||||Funds|Fuilds|Funds|2021|2020| |INCOME AND ENDOWMENTS|FROM;||E|E|6|E|6| |Donanons
and Legacies||2a|136,645|7,248||143,893|165,283| |Charitable
acbvities||2b|6,175|150||6,325|4,695| |Other activities||2c|61,451|4,419||65,870|55,152| |Investments||2&I|528|48||583|874| |Other||2e|666|||666|360| |TOTAL INCOME|||205,465|11,865||217,337|226,364| |EXPENDITURE ON:|||||||| |Raising funds||3a|8,946|496||9,442|4,012| |Charitable
activities||3b|179,252|22,614||201,866|206,673| |TOTAL EXPENDITURE|||188,198|23,110||211,308|210,685| |NET INCOME/(EXPENDITURE)|BEFORE||17,267|(11,245)|7|6,029|15,679| |GAINS AND LOSSES ON INVESTMENTS|||||||| |GAINS/(LOSSES)
ON REVALUATIONS||13|||||205,000| |GAINS/(LOSSES)
ON INVESTMENTS||14|2,435||3,062|5,497|2,657| |NET INCOME/(EXPENDITURE)|||19,702|(11,245)|3,069|11,526|223,336| |TRANSFERS BETWEEN FUNDS||23|(8,584)|8,584|||| |NET MOVEMENT
IN FUNDS|||11,118|(2,661)|3,069|11,526|223,336| |RECONCILIATION
OF FUNDS:|||||||| |TOTAL FUNDS BROUGHT FORWARD|||697,246|565,357|18,081|1,280,684|1,057,348| |TOTAL FUNDS CARRIED FORWARD|||708,364|562,696|21,150|1,292,210|1,280,684| ## ||Note||2021||2020| |---|---|---|---|---|---| ||||E||E| |FIXED ASSETS|||||| |Tangible fixed assets|13||1,100,000||1,100,000| |Fixed asset investments|14||40,604||35,100| ||||1,140,604||1,135,100| |CURRENT ASSETS|||||| |Debtors|16|5,867||8,342|| |Current asset investments|17|13,987||13,941|| |Short term deposits||72,027||71,496|| |Cash at bank and in hand||74,471||66,156|| |||166,352||159,935|| |CURRENT LIABILITIES|||||| |Amounts
falling due|18|14,746||14,351|| |within
one year|||||| |NET CURRENT ASSETS|||151,606||145,584| |TOTAL NET ASSETS|||1,292,210||1,280,684| |REPRESENTED BY|||||| |Unrestricted
funds|19||708,364||697,246| |Restricted
funds|20||562,696||565,357| |Endowment
funds|21||21,150||18,081| ||||1,292,210||1,280,684| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Note|Unrestricted|Restricted|Endowment|TOTAL|TOTAL| |---|---|---|---|---|---|---|---|---| |||||Funds|Funds|Funds|2021|2020| |||||E|E|E|E|E| |2a|Donations and Legacies|||||||| ||Planned
giving —Gift-Aided|||88,927|||88,927|89,142| ||Planned
giving-GAYE|and CAF||||||| ||Planned
giving —tax recovery|||22,232|||22,232|22,353| ||Planned
giving —non-Gift-Aided|||6,062|||6,062|5,758| ||Collections||4|1,788|25||1,813|1,380| ||Grants|||1,461|2,630||4,091|28,790| ||Donations,
appeals, etc|||11,175|4,593||15,768|17,860| ||Legacies|||5,000|||5,000|| |||||136,645|7,248||143,893|165,283| |2b|Charitable
Activities|||||||| ||Fees|||5,409|||5,409|3,818| ||Fetes|||||||| ||Social events|||311|||311|722| ||Other Charitable
Activity income|||455|150||605|155| |||||6,175|150||6,325|4,695| |2c|Other Trading Activities|||||||| ||Hall gr Stable block lettings|||35,053|||35,053|13,734| ||Bookstall|||6|||6|43| ||Church
Magazine|||2,673|||2,673|2,455| ||40 KW Rental income|||18,600|||18,600|37,067| ||Fund-raising
income|||435|4,419||4,854|1,170| ||Other operating
achvities|||4,684|||4,684|683| |||||61,451|4,419||65,870|55,152| |2d|investments|||||||| ||Interest and dividends|||528|48|7|583|874| |||||528|48|7|583|874| |2e|Other|||||||| ||Expense recoveries|||378|||378|360| ||Other income|||288|||288|| |||||666|||666|360| ||TOTAL INCOME|||205,465|11,865|7|217,337|226,364| |||||Note|Unrestncted|Restricted|Endowment|TOTAL|TOTAL| |---|---|---|---|---|---|---|---|---|---| ||||||Funds|Funds|Funds|2021|2020| ||||||E|E|E|E|E| |3a|Raising funds||||||||| ||Fete expenses||||||||| ||Social events||||100|||100|256| ||Fund-raising
expenses||||70|496||566|4| ||40 Kindersley
Way Costs|||5|8,776|||8,776|3,752| ||||||8,946|496||9,442|4,012| |3b|Church activities||||||||| ||Grants and donations||||8,050|7,340||15,390|9,678| ||Quota —stipends|(Incumbent)|||35,136|||35,136|35,141| ||Quota —Housing|(Curate)|||10,500|||10,500|| ||Quota —ministry|support|||62,837|||62,837|66,348| ||Salaries and wages||||16,368|||16,368|13,319| ||Vicar's expenses||||1,287|||1,287|1,606| ||Curate's expenses||||989|||989|463| ||Clergy assistants'|expenses|||129|||129|| ||Service expenses||||1,514|786||2,300|4,817| ||Seekers, children|and youth work||||153||153|251| ||Magazine,
Bookstall and||other acbvities||3,181|752||3,933|3,157| ||Adult Mission and|training|||396|||396|78| ||Property
running|expenses||9|11,701|||11,701|11,367| ||Property
maintenance|||10|3,345|9,181||12,526|32,509| ||New building
work||||||||| ||Churchyard
costs|||11|3,036|4,331||7,367|8,277| ||Church
hall costs|||12|11,232|||11,232|11,802| ||Office costs||||6,682|||6,682|5,256| ||Organist
and choirmaster||fees||1,498|||1,498|t,ttt| ||Miscellaneous||||210|||210|282| ||Bank charges||||261|71||332|311| ||Independent
examiner's||fee||900|||900|9DD| ||||||179,252|22,614||201,866|206,673| ||TOTAL EXPENDITURE||||188,198|23,110||211,308|210,685| ||Unrestricted|Restricted|Endowment|TOTAL|TOTAL| |---|---|---|---|---|---| ||Funds|Funds|Funds|2021|2D20| ||E|E|E|E|E| |Abbots Langley|||||0| |8.00 am|||||25| |9.30am|160|||160|360| |6.30pm|||||| |Baptisms|1,268|||1,268|355| |Weddings|||||| |Funerals|||||30| |Other|||||| |Bedmond|84|||84|266| |Charity Collecbons||20||20|65| |Gift Aid Recovery|276|5||281|279| ||1,788|25||1,813|1,380| ## |||||Unrestricted|Restricted|TOTAL|TOTAL| |---|---|---|---|---|---|---|---| |||||Funds|Funds|2021|2020| |||||E|E|E|| ||General Maintenance|||5,688||5,688|860| ||Insurance|||444||444|405| ||Rent management||fees|2,644||2,644|2,487| |||||8,776||8,776|3,752| |6|CHARITABLE DONATIONS||||||| |||||Unrestricted|Restricted|TOTAL|TOTAL| |||||Funds|Funds|2021|2020| |||||E|E|E|E| |6b|Christian
Relief|& Development|||||| ||Christian
Aid
Malawi '||||7,315|7,315|1,145| ||||||7,315|7,315|1,145| |6c|Home Missions|&|||||| ||other Church Societies||||||| ||Joseph Rank Trust||||||500| ||Children's
Society||||25|25|103| ||Wafford Schools|Trust||150||150|180| |||||150|25|175|783| |6d|Secular Charitfes||||||| ||Abbots Langley Carers Network||||||| ||Citizens Advice Service in Three Rivers|||7,750||7,750|7,750| ||DEC Emergency|Appeal|||||| ||Food Bank|||150||150|| ||Royal British Legion||||||| ||Watford Town Centre Chaplaincy||||||| |||||7,900||7,900|7,750| |||||8,050|7,340|15,390|9,678| ## ## ||Unrestricted|Restricted|Endowment|TOTAL|TOTAL| |---|---|---|---|---|---| ||Funds|Funds|Funds|2021|2020| ||E|E|E|E|E| |Magazine|2,059|||2,059|2,167| |Bookstall|||||| |Bookof Remembrance|1,122|||1,122|433| |Flowers||752||752|557| ||3,181|752||3,933|3,157| ||Income|Expenditure|Surplus/(Deficit)||| ||||2021|2020|| |Magazine|2,673|2,059|614|288|| |Bookstall|6||6|43|| |Book of Remembrance|1,044|1,122|PB)|27|| |Flowers|534|752|(218)|(150)|| ||4,257|3,933|324|208|| ## ||Unrestricted|Restricted|Endowment|TOTAL|TOTAL| |---|---|---|---|---|---| ||Funds|Funds|Funds|2021|2020| ||E|E|E|E|E| |Abbots Longley|||||| |Insurance|3,862|||3,862|3,979| |Heating|2,362|||2,362|2,255| |Lighting|1,200|||1,200|1,230| |Water|104|||104|264| |Caretaker|2,718|||2,718|2,560| ||10,246|||10,246|10,288| |Bedmond|||||| |Insurance|404|||404|396| |Heating and Lighting|912|||912|560| |Water|139|||139|123| ||1,455|||1,455|1,079| ||11,701|||11,701|11,367| |||Unrestricted|Restricted|Endowment|TOTAL|TOTAL| |---|---|---|---|---|---|---| |||Funds|Funds|Funds|2021|2020| |||E|E|E|E|E| |Abbots Longley||||||| |General Maintenance||4,758|513||5,271|994| |Major repairs||(2,513)|7,522||5,009|19,469| |Breakspeare|room|(500)|||(500)|3,000| |Organ tuning||802|||802|526| |Architect's fee|||1,146||1,146|4,888| |||2,547|9,181||11,728|28,877| |Bedmond||||||| |General Maintenance||798|||798|2,758| |Major repairs||||||874| |Architect's fee||||||| |||798|||798|3,632| |||3,345|9,181||12,526|32,509| ## ||Unrestricted|Restncted|Endowment|TOTAL|TOTAL| |---|---|---|---|---|---| ||Funds|Funds|Funds|2021|2020| ||E|E|E|E|E| |Repairs|3,036|1,079||4,115|387| |Grass cutting||60||60|84| |Petrol and oil||66||66|73| |Tree lopping||2,050||2,050|6,810| |Equipment|||||| |Miscellaneous||1,076||1,076|923| ||3,036|4,331||7,367|8,277| ||Unrestricted|Restricted|T01AL|TOTAL| |---|---|---|---|---| ||Funds|Funds|2021|2020| ||E|E|6|6| |Cleaner|3,564||3,564|2,671| |Heating|789||789|971| |Lighting|971||971|778| |Water|408||408|144| |General Maintenance|2,759||2,759|1,524| |Major repairs||||2,220| |Insurance|2,591||2,591|2,470| |Miscellaneous|150||150|1,024| ||11,232||11,232|11,802| ## |||Freehold|land and buildings|land and buildings|| |---|---|---|---|---|---| |||Unrestricted||Restricted|Total| |GROSS BOOK VALUE|||f|f|E| |At 1stJanuary 2021||550,000||550,000|1,100,000| |Additions|||||| |Disposals|||||| |Revaluation|||||| |At 31st December 2021||550,000||550,000|1,100,000| |DEPRECIATION|||||| |At 1st January 2021|||||| |Charge for the year|||||| |Eliminated
on disposa|I||||| |At 31st December 2021|||||| |NET BOOK VALUE|||||| |At 31st December 2021||550,000||550,000|1,100,000| |At 31st December 2020||550,000||550,000|1,100,000| |||||Market|Market|Income|Withdrawal|Change|in|Market| |---|---|---|---|---|---|---|---|---|---|---| |||||Value||||Market||Value| |||||2020||||Value||2021| ||||||5||||6|6| ||CBFInvestment
Fund|||1,308||||190||1,498| ||kyar Memorial Fund|(Endowment)||||||||| ||CBFInvestment
Fund||||232||||34|266| ||Church
Hall Fund (Endowment)|||||||||| ||CBF Investment
Fund||||220|||||227| ||Church
Hall Fund (Endowment)|||||||||| ||CBF Investment
Fund|||16,321||||2,838||19,159| ||Church
Hall Fund (Endowment)|||||||||| ||CBF Investment
Fund|||17,019||||2,435||19,454| ||General Fund|||||||||| |||||35,100||||5,497||40,604| |15|FINANCIAL
INSTRUMENTS|||||||||| ||||||||2021|||2020| ||||||||5|||| ||Carrying
amount offinancial|||assets||||||| ||Debt instruments
measured||at|amortised cost|||5,867|||8,342| ||Carrying
amount offinancial|||liabilities||||||| ||Measured
at amortised|cost|||||14,746|||14,351| |16|DEBTORS AND PREPAYMENTS|||||||||| ||||||||2021|||2020| ||||||||5|||| ||Income tax recoverable||||||2,727|||3,122| ||Prepayments
and accrued||income||||3,140|||5,220| ||||||||5,867|||8,342| |17|CURRENT ASSET INVESTMENTS|||||||||| ||||||||2021|||2020| ||||||||6|||| ||DBFDeposit Fund||||||1,763|||1,724| ||kyar Memorial (Restricted)|||||||||| ||DBF Deposit Fund||||||12,224|||12,217| ||Churchyard
(Resiricled)|||||||||| ||||||||13,987|||13,941| |18|CREDITORS: AMOUNTS||FALLING DUE|||||||| ||WITHIN ONE YEAR||||||2021|||2020| ||||||||F|||| ||Accruals and deferred|income|||||6,984|||7,675| ||Other Creditors||||||7,762|||6,676| ||||||||14,746|||14,351| ||I-0I-||W|I
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FUNDS|ENDOWMENT
FUNDS||Church
Hall|War Memorial|TOTAL| |---|---|---|---|---|---|---| |||||Fund|Fund|| |||||E|E|| ||Balance at 1stJanuary 2021|||16,773|1,308|18,081| ||Income|||||| ||Expenditure|||||| ||Gain on fixed|assets and investments||2,872|190|3,062| ||Balance at 31st December 2021|||19,652|1,498|21,150| ||Represented|by:||||| ||Fixed Assets|||19,652|1,498|21,150| ||Net Current|Assets||||| |||||19,652|1,498|21,150| |22|ANALYSIS OF|NET ASSETS BYFUND||||| ||||Unrestricted|Restricted|Endowment|TOTAL| ||||Funds|Funds|Funds|| ||||E|E|E|E| ||Fixed Assets||569,453|550,000|21,150|1,140,603| ||Net Current Assets||138,911|12,696||151,607| ||||708,364|562,696|21,150|1,292,210| ## ## |||Unrestricted|Restncted|Endowment|TOTAL|TOTAL| |---|---|---|---|---|---|---| |||Funds|Funds|Funds|2020|2019| |INCOME AND ENDOWMENTS|FROM:|6|E|E|6|6| |Donations
and Legacies||147,224|80,041||227,265|177,235| |Charitable
activities||16,056|14,813||30,869|28,766| |Other activities||32,750|||32,750|31,755| |Investments||35,897|188||36,093|36,350| |Other||1,201|||1,201|221| |TOTAL INCOME||233,128|95,042|8|328,178|274,327| |EXPENDITURE ON;||||||| |Raising funds||5,961|960||6,921|9,482| |Charitable
activities||253,999|102,057||356,056|237,286| |TOTAL EXPENDITURE||259,960|103,017||362,977|246,768| |NET INCOME/(EXPENDITURE)|BEFORE|(26,832)|(7,975)|8|(34,799)|27,559| |GAINS AND LOSSES ON INVESTMENTS||||||| |GAINS/(LOSSES)
ON INVESTMENTS|||2,509|2,873|5,382|/149)| |NET INCOME/(EXPENDITURE)||(26,832)|(5,466)|2,881|(29,417)|27,410| |TRANSFERS BETWEEN FUNDS||(7,500)|7,500|||| |NET MOVEMENT
IN FUNDS||(34,332)|2,034|2,881|(29,417)|27,410| |RECONCILIATION
OF FUNDS:||||||| |TOTAL FUNDS BROUGHT FORWARD||504,945|568,182|13,638|1,086,765|1,059,355| |TOTAL FUNDS CARRIED FORWARD||470,613|570,216|16,519|1,057,348|1,086,765| ## |||Church
Hall|War Memorial|10TAL| |---|---|---|---|---| |||Fund|Fund|| |||f|f|| |Balance at 1st January 2020||15,296|1,223|16,519| |Income||||| |Expenditure||||| |Gains on investments||1,477|85|1,562| |Balance at 31st December 2020||16,773|1,308|18,081| |Represented|by|18773|1308|18081| |Fixed Assets||||| |Net Current|Assets|16,773|1,308|18,081| |||15,296|1,223|16,519| |||Unrestricted|Restricted|Endowment|TOTAL| |---|---|---|---|---|---| |||Funds|Funds|Funds|| |||f|f|f|| |Fixed Assets||567,018|550,000|18,081|1,135,099| |Net Current|Assets|130,228|15,357||145,585| |||697,246|565,357|18,081|1,280,684|