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2021-12-31-accounts

Contents
General Information.
Introduction. .3
Chairman's
Report 2021.
Structure,
Organisation
8 Governance		 ..... .5
Report of PCC Meetings
PCC Management
Committee
(PMC).		 .5
.6
Fabric Report .7
Financial
Review.		 .8
Deanery Synod
Future Plans		 .9
10
Independent
Examiner's
Report to the
Redhill.		 Parochial Church Council of Holy Trinity 11
Statement of Financial Activities for the Year Ended 31 December 2021... ...12
Balance Sheet at 31 December 2021 13
Statement ofCash Flows.
Notes to the Financial Statements ... 15
1.
Accounting
Policies
2.
Income ..............................		 15
.17
3.
Expenditure. ....... ..
4.
Staff Costs		 .18
19
5.
Fixed Assets		 20
6.
Investments
(All Held
In UK)		 20
7.
Debtors		 20
8.
Liabilities
Due Within One Year.		 20
9.
Liabilities
Due After More Than One Year.		 21
10. Analysis
of Net Assets of Funds
11. Fund Details.		 21
22
12. Pension Scheme. 23
13. Missionary
and Other Charitable		 Giving 23
14. Related Party Transactions. 24

Management C ommittee
Churchwardens, Operations Director,
Nick Baker, Sally Parker, Peter Telford		 (to April
2021), David Keiller (from May 2021) (also the
Vicar, ex officio)
Correspondence address The PCC Secretary,
Holy Trinity Church Centre,
Carlton Road, Redhill,
Surrey,		 RH1 2BX
PCC Bankers National
Westminster
Bank pic, Station Road,
Redhill,
Surrey,
RH1 1QN
CAF Bank Ltd, 25 Kings
Hill Avenue,
Kings		 Hill,
West Mailing,
Kent, ME194JQ
Independent Examiner Miriam Hickson, JCS, 5 Robin Hood Lane, Sutton,
Surrey, SM1 2SW

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2021 2020
Note
Fixed assets
Tangible
fixed assets
Investments		 433,202
46 976		 447,105
41 328
480 178 488433
Current assets
Stocks 326 384
Debtors 50,991 98,522
Cash at bank and in hand 1 684 150 1 497 003
Liabilities
(falling		 due within one year) 1,735,467
~30426		 1,595,909
~8939
Net current assets 1 705 041 1 586970
Total assets less current liabilities 2,185,219 2,075,403
Liabilities
(falling		 due after more than one year) (~72 298 67965
Total net assets 10 g„'~12921
Funds
General
Fund		 502,832 559,125
Designated
Funds		 41 596
Total Unrestricted 544,428 559,125
Restricted 1,521,517 1,406,985
Endowment 46 976 41 328
~2t~38

For the year ended 31 D ecember 2 021
2021 2020
UNRESTRICTED FUNDS
Donations
from Members		 303,014 285,991
Gift Aid income Tax 67,472 60,993
Legacies 42,027
Other Income from Members 12,583 7,198
Church Centre Lettings 8,335 6,396
Grants 856 1,420
Investment
Income received		 1,944 2,479
Other Income 1,546 3,402
395,750 409,906
Local Expenditure 208,642 184,563
Ordained
Ministers
and Diocesan contribution		 167,337 179,240
Missionary
and Charitable
Giving Activities		 30,135 28,562
Change
in Long Term Loan		 Liability 4,333 1 965
410,447 394,330
Net income
/ (expenditure)
per the SoFA)		 for the reporting period (as (14,697) 15,576
RESTRICTED FUNDS
Net flows from operating
activities		 114,532 225,310
TOTAL FLOWS FRONI OPERATING ACTIVITIES 99,835 240,886
Adjustment
for:
Investment
income		 (10,914) (15,602)
Depreciation
charges		 13,903 15,169
Change
in Long term Loan Liability		 4,333 1,965
(Increase)/decrease
in Stock		 58 (17)
(Increase)/decrease
in Debtors		 47,531 (57,863)
Increase/(decrease)
in Creditors		 21,487 (982)
Net Cash provided
by Operating		 Activities 176,233 183,556
Cash Flows from Investing Activities
Purchase of Fixed Assets
Cash Flows from Financing
Activities
Investment
Income received		 10914 15602
TOTAL ALL FUNDS
Change
in Cash and Cash		 Equivalents 187,147 199,158
Cash and Cash Equivalents at 1 January 1,497,003 1,297,845
Cash and Cash Equivalents at 31 December 1,684,150 1,497,003

2021 2020
2. income F E
Unrestricted Restricted Total Unrestricted Restricted Total
2(a) Donations
and
~le acies
Planned
giving
—Gift Aided
263,543		 263,543 251,581 251,581
—Tax recoverable 67,472 67,472 60,993 60,993
—Non Gift Aided 29,655 29,655 31,522 31,522
—Envelope scheme 3,751 3,751 391 391
Collections 2,064 390 2,454 2,387 285 2,672
Building Project
—Gift Aided 111,445 111,445 129,146 129,146
-Tax recoverable 25,784 25,784 34,946 34,946
- Non Gift Aided 11,960 11,960 46,620 46,620
Donations
8 legacies		 4,001 4,001 42,137 1,500 43,637
Grants 856 14,730 15,586 1,420 18,750 20,170
Allsorts 935 461 1,396
372,277 164,770 537,047 390,431 231,247 621,678
2(b) Activities for
Courses and events 2,057 2,057 2,013 2,013
2,057 2,057 2,013 2,013
2(c) Income from
investments
Dividends
and interest		 1,944 8,970 10,914 2,479 13,123 15,602
(4—
'"'"		 1,944 8,970 10,914 2,479 13,123 15,602
church activities
Church Centre lettings 8,335 8,335 6,396 6,396
Bookstall 1,268 1,268 1,112 1,112
Fees 8,323 8,323 4,073 4,073
17,926 17„926 11,581 11,581
2(e) Other income
Job Retention
Scheme		 1,528 1,528 2,733 2,733
Shopping
service:
reimbursement		 608 608
Other 18 18 61 61
1,546 1,546 3,402 3,402
Total income
395,750		 173,740 569,490 409,906 244,370 654,276
2021 202 0
3. Expenditure f f f f f
Un- Un-
restricted Restricted Total restricted Restricted Total
3(a) Church
activities
Missionary
8 charitable
giving (Note 13)
-Overseas 20,147 20,147 19,579 112 19,691
- Relief 8 Development 220 220
- Home 9,988 170 10,158 8,400 138 8,538
Timperley
Family		 Church 10,917 10,917 583 10,390 10,973
30,135 11,307 41,442 28,562 10,640 39,202
Ministry
- Parish Support Fund 167,337 167,337 179,240 179,240
-Fees 4,476 4,476 1,821 1,821
- Clergy expenses 1,676 1,676 1,545 1,545
-Youth, children's ministers 56,911 56,911 57,625 57,625
- Ministry
8 youth		 training 232 232
PCC donations 'l,450 1,450 1,380 1,380
Governance:
Independent
examination 2,792 2,792 2,732 2,732
Church
running
costs		 11,421 11,421 7,922 7,922
Church
maintenance		 1,693 2,187 3,880 543 2, 124 2,667
Services 1,901 1,901 1,086 1,086
Church Centre
running		 costs 23,238 23,238 18,858 18,858
Church Centre depreciation 12,883 12,883 12,883 12,883
Church Centre maintenance 2,390 2,390 2,012 2,012
Church Centre
building
project 39,133 39,133 3,480 3,480
Bookstall 1,360 1,360 1,703 1,703
Youth 8 outreach 13,119 6,066 19,185 3,978 2,816 6,794
Organist
8 choir		 5,197 5,197 4,671 4,671
Church management 8
administration
Administration 52,872 52,872 51,727 51,727
Office expenses, equipment 11,432 11,432 10,489 10,489
Depreciation 1,020 1,020 2,286 2,286
Allsorts 875 515 1,390
Other 736 736 931 931
404,914 59,208 464,122 392,226 19,060 411,286
3ib) Raisincntunds
Courses and events 1,200 1,200 139 139
1,200 1,200 139 139
3(c) Other ex enditure
Change
in loan liability		 4,333 4,333 1,965 1,965
4,333 4,333 1,965 1,965
Total expenditure 410,447 59,208 469,655 394,330 19,060 413,390
4.
Staff COStS
2021 2020
Wages and salaries 133,820 128,964
Pension costs 5,952 5,737
Social security (net of allowance ofE4,000) 3 125 2 776
M2~8~l2 ~13 ~77

NOT
5.		 ES TO THE FINANCIAL
Fixed Assets		 STATEME NTS
Freehold Freehold
buildings: buildings:
Church Centre PCC Curate' s
Centre Contents Equipment House Total
Cost
At 1 January
2021		 644,158 40,800 26,388 83,000 794,346
Additions
during
year
At 31 December 2021 644 158 40 800 26 388 83000 794346
Depreciation
At 1 January 2021 281,073 40,800 25,368 347,241
Charge for year 12883 — 1 020 13903
At 31 December 2021 293 956 40 800 26 388 361 144
Net book value at
31 December 2021 ~QQQ ~4Q2
Net book value at
31 December 2020		 363085 ~120 j~3QQ ~471'
6. Investments
(AII Held In		 UK)
31 December
2021 2020
f
CBF Investment
Fund:		 582 shares 13,611 11,900
M8G Charifund:
2,144		 units 33365 29428
Market value at year end 4L'~7 ~41 328
Value at 1 January
Revaluation
(loss) / gain
Value at 31 December		 41,328
5648
8/4976		 46,737
~5409
~F8
7. Debtors
2021 2020
F
Goods and services 1,206 160
Accrued income tax recoverable 41,779 50,803
Prepayments
8 other accrued income		 8,006 4,032
Grant
Legacies receivable 43 527
2L4~
8. Liabilities
Due Within One Year
2021 2020
Accruals and deferred income 25,295 4,365
Accrual for examiner's fee 2,760 2,700
Tax and social security 2 371
3L4~		 1 874

Analysis
of Net Assets of F		 unds
Un- Res- Endow-
restricted tricted ment Total
At 31 December 2021
Fixed assets 433,202 46,976 480,178
Current assets
Current
and long term liabilities		 203,368 1,532,099
~92 142)~10 562
54~4
~12'~		 ~4IL75 1,735,467
~102724)
~1
At 31 December 2020 f K
Fixed assets 447,105 41,328 488,433
Current assets
Current
and long term liabilities		 188,924
~76 904)
5c)~1		 1,406,985
~Qr		 ~328 1,595,909
~76 904)
~7~4

Balance Income Expenditure Transfers Balance
1 January 31 December
2021 2021 2021 2021 2021
P E
Evelyn Curtis
Legacy 41 596 41 596

Balance Income Expenditure Transfers Balance
1 January 31 December
2021 2021 2021 2021 2021
F E
Building 1,353,754 158,159 (39,133) 1,472,780
Church repairs 40,301 (2,187) 38,114
Charitable giving 35 390 (390) 35
Allsorts 1,996 461 (515) '1,942
Timperley Church 4,372 7,500 (10,333) 1,539
Cookery Club 1,800 1,230 (584) 2,446
Parish Nursing 4,134 6,000 (6,066) 4,068
Raven Housing 593 593
1 406985 173740 ~59208) 1 521 517
Balance Income Expenditure Transfers Balance
1 January 31 December
2020 2020 2020 2020 2020
F E
Building 1,133,399 223,835 (3,480) 1,353,754
Church repairs 42,425 (2,124) 40,301
Charitable giving 285 (250) 35
Allsorts 496 1,500 1,996
Timperley Church 4,762 10,000 (10,390) 4,372
Cookery Club 1,800 1,800
Parish Nursing 6,950 (2,816) 4,134
Raven Housing 593 593
1 181675 244 370 ~19060) 1 406 985

2021 2020
Unrestricted Restricted Total Unrestricted Restricted Total
Crosslinks 1,375 1,375
Interserve 4,030 4,030 3,600 3,600
Mission Aviation Fellowship 4,030 4,030 3,600 3,600
Navigators 4,029 4,029 3,600 3,600
Church
Mission		 Society 4,029 4,029 3,600 3,600
Wycliffe Bible Transiators 4,029 4,029 3,600 3,600
Compassion
Total Overseas		 ~1 200
~1+75		 112
112		 312
M1MZ

Tear Fund 220 220
Total Relief 8 Development 220 220
Church
Pastoral		 Aid Society 4,029 4,029 3,300 3,300
SparkFish 4,029 4,029 3,300 3,300
UCCF 1,930 1,930
A Rocha 500 500
Welcare 500 500
Children's Society 300 300
Renewed
Hope
Total Home		 Trust ~88 170
~1		 170
~10 15		 500
8 4(40		 138
138		 638
8538
Total