#
##
##
|||||Page|
|---|---|---|---|---|
|Legal and administrative|||information||
|Report ofthe|Parochial||Church Council||
|Independent|Examiner's||report to the Parochial Church Council||
|Statement offinancial||activities|||
|Balance sheet||||IO|
|Notes tothe|financial statements||||
##
##
|Charity|Name|Name|Parochial
Church
Council Of|Parochial
Church
Council Of|Parochial
Church
Council Of|Parochial
Church
Council Of|St|St|Giles-In-The-Fields|Giles-In-The-Fields|Giles-In-The-Fields|Giles-In-The-Fields|Giles-In-The-Fields|Giles-In-The-Fields|Giles-In-The-Fields|Giles-In-The-Fields||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Principal|Address||St. Giles-in-the-Fields,|60St||Giles||||High|||Street,||London WC2H BLG|||||||||
|Charity|Registration||1130800.The PCC was||registered||||||with||the Charity|||||Commission|||in|July 2009.||
|Governing||Document|Parochial
Church
Council||||Powers||||||Measure|||(1956)|||as|amended|||and
Church|
||||Representation
Rules.|||||||||||||||||||||
|Objectives|||Parochial Church Council ofSt|||||Giles in|||||the|Fields||has||the|responsibility||||ofcooperating|
||||with the Incumbent
of||St Giles,|||||in|promoting||||in||the ecclesiastical|||||parish the whole||
||||mission ofthe church,|pastoral,|||||evangelisdc,|||||social|||and ecumenical.|||||||
|Members ofthe PCC|||PCC members
who served|||during||||2021 or||||were||serving|||at|the date||this report was||
||||approved
were:|||||||||||||||||||||
|Clergy|||The Revd TSander(Rector)|||||||||||||||||||||
||||The Revd C Smaling (Assistant|||||Priest)||||||||||||||||
|Wardens|||DrWJames
Mr0 Flory|||||||||||||||||||||
|Deanery|Synod Representative||Mr Zi Ken Toh|||||||||||||||||||||
|Elected members|||Mr H Amos|||||||||||||||||||||
||||Mr W Grundy|||||||||||||||||||||
||||Mr DJessop|||||||||||||||||||||
||||Ms CJones|||||||||||||||||||||
||||Ms L Macdonald|||||||||||||||||||||
||||Mr RThrow|||||||||||||||||||||
|Key Management|||Those in charge of planning,|||directing,||||||controlling,|||||running||and operating the Charity,|||||
|Personnel|||including those members||of|staff|||who are the senior|||||||||management|||personnel to whom|||
||||the trustees
have delegated|||significant|||||||authority||||or|responsibility||||in|the day-to-day|
||||running ofthe charity,|are the|||members||||||of|the|PCC|||||||||
|Bankers|||The Co-operative
Bank||pic|||||||||||||||||||
||||PO Box250|||||||||||||||||||||
||||Delf House|||||||||||||||||||||
||||Southway,
Skelmersdale||WNB|||6WT||||||||||||||||
|Independent||Examiner|R Billinghurst
FCA|||||||||||||||||||||
||||Knox Cropper
LLP|||||||||||||||||||||
||||Chartered
Accountants|||||||||||||||||||||
||||65 Leadenhall
Street|||||||||||||||||||||
||||London
EC3A 2AD|||||||||||||||||||||
|Architect|||Sarah Khan RIBA CA MArch|||BArch||||||||||||||||||
||||Roger Mears Architects||LLP|||||||||||||||||||
||||2 Compton Terrace|||||||||||||||||||||
||||London
Nl 2UN|||||||||||||||||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|At 31 December|2021|the church
had net free reserves of6294,597(|2020:i6454,699)as follows:||
|---|---|---|---|---|
||||202 I|2020|
|Total reserves|||301,759|457,089|
|Less: restricted|funds||(7,162)|(2,390)|
||||(514)||
|Free reserves|||294,083|454,699|
|Free reserves|requirement:||||
|6 month's
budgeted||routine expenditure|130,000|130,000|
##
##
##
##
##
##
##
##
##
##
|||Unrestricted|Restricted||Unrestricted|Restncted||
|---|---|---|---|---|---|---|---|
|||Funds|Funds|Total|Funds|Funds|Total|
||Note|2021|2021|2021|2020|2020|2020|
|||6||||6|6|
|Income from:|2|||||||
|Donations
and legacies||34,239|8,542|42,781|34,920|502|35,422|
|Charitable
activities||782||782||||
|Other trading
activities||35,873||35,873|18,259||18,259|
|Investments||4,041||4,041|6,564||6,564|
|Total Income||74,935|8,542|83,477|59,743|502|60,245|
|Expenditure
on:||||||||
|Raising funds|3|8,578||8,578|10,307||10,307|
|Charitable
activities|4|253,462|1,882|255,344|247,229||247,229|
|Total expenditure||262,040|1,882|263,922|257,536||257,536|
|Nst gains/(losses)
on investments||25,115||25,115|(1,161)||(1,161)|
|Net income||(161,990)|6,660|(155,330)|(198,954)|502|(198,452)|
|Transfers
between|funds|1,888|(1,888)|||||
|Other recognised
gains and losses||||||||
|Net movement
in funds||(160,102)|4,772|(155,330)|(198,954)|502|(198,452)|
|Total funds brought forward||454,699|2,390|457,089|653,653|1,888|655,541|
|Total funds carried forward||294,597|7,162|301,759|454,699|2,390|457,089|
##
##
||||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|Total|Total|
|||||Note|2021|2021|2021|2020|
||||||6|||6|
|Fixed Assets|||||||||
|Tangible Assets||||5|514||514||
|Investments||||6|273,494||273,494|246,389|
||||||274,008||274,008|246.389|
|Current Assets|||||||||
|Stock|||||||||
|Debtors|||||6,807||6,807|4,099|
|Cash At Bank And||In Hand|||72,380|7,162|79,542|272,225|
||||||79,187|7,162|86,349|276,324|
|Creditors - Amounts|||Falling Due||||||
|Within One|Year|||8|(58,598)||(58,598)|(65,624)|
|Net Current|Assets||||20,589|7,162|27,751|210,700|
|Net Assets|||||294,597|7,162|301,759|457,089|
|Represented|By:||||||||
|Restricted
Funds||||9||7,162|7,162|2,390|
|Unrestricted
Income Funds||||10|294,597||294,597|454,699|
|Total Funds|||||294,597|7,162|301,759|4571089|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|2.Income|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Unrestricted|Restricted|||
||||||||||Funds|Funds|Total|Total|
||||||||||2021|2021|2021|2020|
||||||||||6|6||6|
|Donations||&legacies|||||||||||
|Planned
giving|||||||||8,648||8,648|4,400|
|Cogecdons|8 donations||||||||16,767|541|17,308|12,852|
|Income tsx|reclaimed||||||||3,587||3,587|1,313|
|Legacies||||||||||5,001|5,001||
|Grants|||||||||5,237|3,000|8,237|16,857|
||||||||||34,239|8,542|42,781|35,422|
|Charitable||activities|||||||||||
|Fee income||(net)|||||||782||782||
|Other trading|||income||||||||||
|Lettings income|||||||||35,873||35,873|18,259|
|Investments|||||||||||||
|Dividends|||||||||4,041||4,041|6,564|
||||||||||74,935|8,542|83,477|60,245|
|3.Expenditure|||on|Raising||Funds|||||||
||||||||||Unrestricted|Restricted|||
||||||||||Funds|Funds|Total|Total|
||||||||||2021|2021|2021|2020|
|||||||||||6||6|
|Investment|management||||fees||||2,051||2,051|7,579|
|Publicity|||||||||3,705||3,705|2,728|
|Legal & professional||||fees|||||2,789||2,789||
|Collecting agent|||fees||||||33||33||
||||||||||8,578||8,578|10,307|
|4.Expenditure|||on|Charitable|||Activities||||||
||||||||||Unrestricted|Restricted|||
||||||||||Funds|Funds|Total|Total|
||||||||||2021|2021|2021|2020|
||||||||||6|6|6|6|
|Provision of||Clergy (including||||Common||Fund)|80,143||80,143|79,806|
|Church
life|&outreach||||||||52,370||52,370|30,723|
|Gifts &grants (see note 4a)|||||||||594||594|1,284|
|Oigce costs|||||||||59,919||59,919|62,373|
|Provision of||Church||building,||facilities B||equipment|56,676|1,882|58,558|70,093|
|Governance|||||||||3,760||3,760|2,950|
||||||||||253,462|1,882|255,344|247,229|
##
##
##
||Unrestricted|Restricted|||
|---|---|---|---|---|
||Funds|Funds|Total|Total|
||2021|2021|2021|2020|
||6|6||f.|
|Gifts &grants to:|||||
|Organisations|594||594|1,284|
|Individuals|||||
||594||594|1,284|
##
|Included|within expenditure
on charitable
activities|are the following staff cos|ts:||
|---|---|---|---|---|
||||2021|2020|
||||6|6|
|Wages and salaries|||40,431|36,369|
|Social security costs|||3,152|2,931|
|Employer|allowance||(3,152)|(2,931)|
|Pension costs|||1,067|1,338|
||||41,498|37&707|
|Ofwhich|the following relate to Key Management|Personnel:|||
|Wages|and salaries||||
|Pension|costs||||
||||41,498|37,707|
##
##
##
|||||Fixtures,||
|---|---|---|---|---|---|
|||||fittings a||
|||||equipment||
|||||f,||
|Cost||||||
||Brought forward|at|I January 2021|||
||Additions|||||
||Disposals|||||
||At 31 December|2021||||
|Depreciation||||||
||Brought forward|at|I January 2021|||
||Charge for Year|||134||
||Disposals|||||
||At 31 December|2021||134||
|Net BookValue||||||
||At 31 December|2021||514||
||At 31 December|2020||||
|6.Fixed Asset Investments||||||
|||||2021|2020|
|||||6|6|
|Market Value- quoted investments||||||
|At|I January|||236,736|670,242|
|Additions
at cost||||9,683|63,461|
|Sale proceeds||||(7,674)|(495,806)|
|Net|gain/(loss)
on revaluation|||25,115|1,161|
|Quoted investments||ot 3I December||263,860|236,736|
|Investment
manager||capital account||9,634|9,653|
|At|31 December|||273494|246,389|
|Cost- quoted investments||||202,247|197 166|
##
##
|||2021|2020|
|---|---|---|---|
|||6|6|
|Prepayments|||1,442|
|Income|tax recoverable|3,587||
|Lettings|receivable|3,220||
|Other|debtors||2,657|
|||6,807|4,099|
##
##
##
##
##
##
##
|10.Unrestricted
Funds|10.Unrestricted
Funds|||||||
|---|---|---|---|---|---|---|---|
|IOa: Current Year||At
I|||||At 31|
|||January||||Gains/|December|
|||2021|Income|Expenditure|Transfers|(losses)|202I|
|||E|E|E|E|E|E|
|General
fund||309,679|74,935|(262,040)|1,888|25,115|149,577|
|Designated:|Reserves fund|137,520|||||137,520|
|Designated:|Mission Work fund|7,500|||||7,500|
|||454,699|74,935|(262,040)|1,888|25,115|294,597|
|IOb: Prior Year||At
I|||||At 31|
|||January||||Gains/|December|
|||2020|Income|Expenditure|Transfers|(losses)|2020|
|||E|E|E|E||f.|
|General fund||508,463|59,743|(257,536)|170|(1,161)|309,679|
|Designated:|Reserves fund|137,690|||(170)||137,520|
|Designated:|Mission Work fund|7,500|||||7,500|
|||653,653|59,743|(257,536)||(1,161)|454,699|
##
|||||||||||202|I|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||E|E|
|Not|later|than|one|year|||||||||
|Later|than|one|year|and|not|later|than|five|years||||
##
##
##
##