2021-08-31-accounts

			Page
Report ofthe	Trustees		1to 9
Independent	Examiner's	Report	10
Statement of	Financial Activities		11to 12
Balance Sheet			13
Statement of	Cash Flows		14
Notes to the Financial Statements			15to 24

		Notes to		Designated
		The	General Fund	Funds	Restricted	Endowment	Total
		Accounts	(unrestricted)	(Unrestricted)	Funds	Funds	2021
				E			E
Income
Offerings			53,185				53,185
Legacies			37,225				37,225
Donations and grants			5,118		2,223		7,341
Gift aid			12,121		321		12,442
Interest and investment	income		395				395
Income from investment	praperties		8,745				8,745
Internal organisations			538				53$
Other charitable income			25,168				25,168
Total income			142,495				145,039
Expenditure
Circuit assessment or share			63,048				63,048
Grants and donations			817				817
Property maintenance			7,222		5,062		12jS4
Insurance. Utilities etc.			14,372				14,372
Office expenses			5,892				5,892
Other expenditure			26,999		20	73	27,092
Internal organisations			827				827
Total charitable expenditure			119,177			73	124,332
Gains/(lasses) an monetary
investments		10				3+72	33172
Gains/(losses)oninvestment
properties
Net Income/(expenditure)			23318		(2,53$)	3,799	24,579
Transfers between funds
Other gains/(losses)
Net mavementin funds			23,318		(2,538)	3,799	24,579
Total funds brought forward		18	59,919	6,000	45,025	36,686	147,630
Total funds carried forward		18	83,237	6,000	42,487	40,485	172409

			Notes 'to		Designated
			the	GeneralFund	Funds	Restricted	Endowment	Total
			accounts	(Unrestricted)	(Unrestricted)	Funds	Funds	2020
				E	E			E
Income
Offerings				55,977				55,977
Donations and grants				2,024		2,725		4,749
Gift aid				14,702		681		15,383
Interest and investment	income			814				814
Income from investment	properties			9.300				9,300
Internal organisations				4,894				4' 94
Other chantable income				23,785				23,785
Total income				111,496		3806		114,902
Expenditure
Circuit assessment				61,506				61,506
Grants and donations				654				654
Property maintenance				3,787		31,433		35,220
Insurance. Utilities etc.				13,834				13,834
Office expenses				6,264				6,264
Other expenditure				22,910		50	74	23,034
Internal organisations				5,456				5,456
Total charitable expenditure				114,411		31,483	74	145,968
Gains/(losses) on monetary		invested
			10				(219)	(219)
Gains/(losses) oninvestment		properties
Net income/(expenditure)				(2,915)		(28,077)	(293)	(31,285)
Transfers between funds			11	(100)		100
Other gains/(losses)
Net movement in funds				(3,015)		(27,977)	(293)	(31,285)
Total funds brought forward			18	62,934	6,000	73,002	36,979	178,915
Total funds carried forward			18	59,919	6,000	45,025		147,630

		Notes to			Designated
		the	General	Fund	Funds	Restricted	Endowment	Total	Total
		accounts	(unrestricted)		(unrestricted)	Funds	Funds	2021	2020
				E	E	E	E	E	E
Fixed Assets
Church building and other property
Investment properties
Investments							40,485	40,485	36,6$6
Total Fhed Assets							40,485	40,485	36,686
Cunent Assets
Debtors and prepayrnents		12	18,990					18,990	16,736
Leans by the Churches
Investments with TIVICP
Central Finance Board Deposits			56,169		6,000	39,479		101,648	59,407
Cash at Bank and in hand			10,479			9,000		19,479	65,573
Total Current	Assets		85,638		6,000	4$,479		140,117	141,716
Current Liabilities
Creditors (due in under 1year)		15	2,401			5,993		8,394	30,772
Grants payable within 2020-21
Total Current Liabifltks			2,401					8,394	30,772
Het Current Assets/Liobi	Jities		$3,237		6,000	42,486		131,723	110,944
Lang Term Liabilities
(due after more than one year)
Grants payable after 2020-21
Loans to the Church
Het	Assets		83,237		6,000	42,486	40,485	172,208	147,630
Funds ofthe Church
General Fund (Unrestricted)		16.1	83,237					83337	59,919
Designated Funds (Unrestricted)		16.2			6,000			6,000	6,000
Total Lrnrestricted	Funds							89337	65,919
Restricted Funds		17				42,486		42,486	45,025
Endowment Funds		17					40,4$5	40,485	36,686
Total	Funds		83437		6,000	42,486	40,485	172,208	147,630

								Total	Total
								2021	2020
Cash from operating activities
New cash (used)/generated in operating			actwities					(12,993)	(30,288)
Cash flows from investing activities
Dwidends, interest and rents from mvestments								9,140	10,114
Proceeds from the sale of property,	plant		and equipment
Purchase of property, plant and equipment
Purchase of intangible assets
Proceeds from the sale of investments
Purchase of investments
Other
Net cash provided by investing activities								9,140	10,114
Cash flows from financing activities
New borrowings
Repayment of borrowings
Net cash used in financing activities
Change in cash and cash equivalents		in the reporting		period				(32153)	(20,174)
Cash and cash equivalents at the beginning			ofthe reporting			penod		124,980	145,154
Cash and cash equivalents at the end		ofthe reporting		periad				121,127	124,980
Reconciliation fnet income to net		cas	flow from	o	eratin		activities
Net income for the reporting period		(as	per statement		of	financial actiwties)		24,578	(31,285)
Adjustments for:
Depreciation and amortisation charges
Profit on the sale offixed assets
Loss on the sale af fixed assets
(Gains)/losses on investments								(3,799)	293
Dividends, interest and rents from	investments							(9,140)	(10,114)
Decrease/(increase) in stocks
Decrease/(increase) in debtors								(2,254)	4,482
(Decrease)/increase in creditors								(22,378)	6,336
Net cash used in operating activities								(12,993)	(30~8)
Anal sisof cash and cash e uival	nt
Cash in hand								101,648	65.573
Shart term deposit (less than 3 months)								19,479	59,407
Total cash and cash equivalents								121,127	124,980

			2021	2020
			f	f
Room lettings			17,670	21,877
Weddings, Baptisms &		Funerals	3,746	1,512
)ob Retention	Scheme		2,886
Miscellaneous	income		866	396
Total Other Charitable		Income	25,168	23,785

					2021	2020
					E	E
Gross pay					21,707	19,505
Employer's National	Insurance		contributions		1,960	1,050
Less: Employment Allowance					(1,960)	(1,050)
Employer's pension	contributions			to defined
Contribution schemes					1,337	995
Apprenticeship Ievy					115	81
Total staff costs					23,159	20~1
Total weekly contractual		hours	for 2 staff		42	32

perty mainten	an	ce
						2021	2020
Maintenance	of	Church	and Halls			3,179	2,164
Maintenance	of	Church	Cottage			4,043	1,623
Property Maintenance			(General	Fund)		7,222	3,787
Hall Development		Project (Restricted			Fund)	5,062	31,433
Total Property	Maintenance					12,284	35,220

		2021	2020
		E	E
Printing, postage and stationery		234	769
Telephone and broadband		370	366
Staffing and expenses		4,309	4,289
Bank charges		139
Examiner's fees		840	840
Total charge to General	Fund	6,892	6,264

			2021	2020
			E	E
Church actwities			1,492	2,144
Caretaker / Cleaning Costs			24,490	19,277
Choir and music costs			1,017	1,489
Total charged to General	Fund		26,999	22,910
Other (charged to Restricted		Fund)	20	50
Other (charged to Endowment		Funds)	73	74
Total			27,092	23,034

Debtors were	ma	de up	as follows:
				2021	2020
					E
Trade debtors
Prepayments	and	accrued income
Gift aid tax and VAT receivable				8,446	6,403
Circuit assessment		paid	in advance	5,359	5,254
Insurance paid	in	advance		5,085	5,079
Pre-paid water	rates
Roam lettings				100
Total (net)				18,990	16,736

15 Creditors	15 Creditors	and accrued expenses	and accrued expenses
							2021	2020
							E		E
Creditors:
Donations	paid	in advance					1,D50
Building repairs		& maintenance					5,993	29,825
Utiliti es							155
Audit and	examiner's fee						840		840
Total							8,038	30,665
Accruals:
PAYE and	pension contributions						356		107
Taxation	and Social Security						356		107
Total							8,394	30,772
Maturity	analysis ofbasic financial		instruments
			Accrued at				Accrual made	Accrued at
			1Sept 2020	Paid in	year		In year	31Aug	2021
			f	E			f	f
Trade creditors
Donations	paid	in advance					1,050		1,050
Building repairs		and maintenance	29,825		(28,132)		4,300		5,993
Utilities							155		155
Audit and	examiner's fee		840		(840)		840		840
Taxation and Social Secunty			107			107)	356		356
Total			30,772		(29,079)		6,701		8,394

		Balance at	Income	ExPenditure	Transfers	Gains/	Balance at
Fund		01-Sep-2020 f			E	Losses E	31-Aug.2021 f
General Fund		59,919	142,495	(119,177)			83,237
Property Maintenance		6,000					6,000
(Designated)
Total unrestricted	funds	65,919	142,495	(119,177)			89,237
Church Development		37,618	2,543	(5,062)			35,099
Project
Capital Fund		7,300					7,300
Small Funds (&ESDOeach)		107		(20)			87
Total restricted	funds	45,025	2,543	(5,082)			42,486
Capital Fund		17,083		(34)		234	17,283
CTAvery —Trust A		3,882		(8)		720	4,594
CTAvery —Trust 8		1,552		(3)		289	1,838
Samuel A Wood Trust		14,169		(28)		2,629	16,770
Total endowment	funds	36,686		P3)		3,872
Total Funds		147,630	145,038	(124,332)		3,872	172,208

pa ratives for moveme	nt in fund	s
		Balance at	Income	Expenditure	Transfers	Gains/	Balance at
Fund		01-Sep-2019 E		E	f	Losses E	31-Aug-2020 E
General Fund		62,935	111,496	(114,412)	(100)		59,919
Property Maintenance		6,000					6,000
(Designated)
Total unrestricted	funds	68,935	111,496	(114,412)	(100)		65,919
Church Development	Project	65,645	3,406	(31,433)			37,618
Capital Fund		7,300					7,300
Small Funds (&f500each)		57		(50)	100		107
Total restricted	funds	73,002	3,406	(31p483)	100		45,025
Capital Fund		17,024	158	(34)	—	(65)	17,083
CTAvery —Trust A		3,951	78	(78)	-	(69)	3,882
CTAvery —Trust 8		1,580	31	(31)	-	(28)	1,552
Samuel A Wood Trust		14,423	285	(285)	-	(254)	14,169
Total endowment	funds	36,978	552	(428)		(416)	36,686
Total Funds		178,915	115,454	(146,323)		(416)	147,630
rrent year 12months	and prior	year 12 months	combines	position as follows
		Balance at	Income	Expenditure	Transfers	Gains/	Balance at
Fund		01-Sep-2019 E	E	E	f	Losses E	31-Aug-2021 f
General Fund		62,935	253,991	(233,589)	(100)		83,237
Property Maintenance		6,000					6,000
(Designated)
Total unrestricted	funds	68,935	253,991	(233,589)	(100)		89,237
Church Development	Project	65,645	5,949	(36,495)			35,099
Capital Fund		7,300					7,300
Small Funds (&f500each)		57		(70)	100		87
Total restricted	funds	73,002	5,949	(36,565)	100		42,486
Capital Fund		17,024	230	(68)		97	17,283
CTAvery —Trust A		3,951	86	(86)		643	4,594
CTAvery —Trust 9		1,580	34	(34)		258	1,838
Samuel A Wood Trust		14,423	313	(313)		2,347	16,770
Total endowment	funds	36,978	663	(501)		3,345	40,485
Totalfunds		178,915	260,603	(270,655)		3,345	172,208